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
₽ 63000
per

Your estimated
City
free-cash

Dresden , Germany
₽1500
₽17352
₽14794
₽12624
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
63 000
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.

-
-
-
7 881
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.

-
-
-
433
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.

-
-
-
6 871
trade
-
-
-
2 558
total
-
-
-
17 743
Employee

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

38 468
-
63 000
-
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.

59
-
433
-
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.

1 075
-
7 881
-
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.

6 871
-
6 871
-
total
8 005
-
15 185
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
24 532
63 000
-
-
income
3 680
9 449
-
-
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.

202
519
-
-
chamber of commerce
187
242
-
-
trade
3 863
9 923
-
-
total
7 932
20 133
-
-
Dividends
16 600
42 866
-
-
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.

208
569
-
-
withholding
3 768
10 335
-
-
total
3 976
10 904
-
-
Income
63 000
63 000
63 000
63 000
Total tax
19 913
31 037
15 185
17 743
After tax
43 087
31 963
47 815
45 257
Living cost
30 463
30 463
30 463
30 463
Free-cash
12 624
1 500
17 352
14 794

Estimated living cost  is ₽30463 per week

₽19162
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3552
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽569
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7180
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽14099
-₽13536
-₽14030
-₽27311
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
63 000
social contributions
-
-
-
677
municipal
-
-
-
6 033
national
-
-
-
9 349
pensions
-
-
-
7 560
total
-
-
-
23 619
Employee
82 797
-
54 463
-
municipal
10 227
-
6 277
-
pensions
3 312
-
2 179
-
national
15 847
-
9 727
-
total
29 386
-
18 183
-
Employer
82 797
-
54 463
-
pensions
6 624
-
4 357
-
social contributions
890
-
585
-
total
7 514
-
4 942
-
Corporate
-
63 000
-
-
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%.

-
12 600
-
-
total
-
12 600
-
-
Dividends
-
50 400
-
-
withholding
-
11 088
-
-
total
-
11 088
-
-
Income
63 000
63 000
63 000
63 000
Total tax
36 900
23 688
23 125
23 619
After tax
26 100
39 312
39 875
39 381
Living cost
53 411
53 411
53 411
53 411
Free-cash
-27 311
-14 099
-13 536
-14 030

Estimated living cost  is ₽53411 per week

₽36303
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4965
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽799
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11344
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽29475
₽15014
₽29461
₽21227
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
63 000
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.

-
-
-
3 166
microenterprise
-
-
-
9 449
total
-
-
-
12 615
Employee
29 388
-
50 770
-
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.

3 233
-
5 585
-
income
5 231
-
9 247
-
total
8 464
-
14 832
-
Employer
29 388
-
50 770
-
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.

7 079
-
12 230
-
surtax
-
-
-
-
total
7 079
-
12 230
-
Corporate
26 533
63 000
-
-
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%.

5 306
12 601
-
-
total
5 306
12 601
-
-
Dividends

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

21 227
50 399
-
-
total
-
-
-
-
Income
63 000
63 000
63 000
63 000
Total tax
20 849
12 601
27 062
12 615
After tax
42 151
50 399
35 938
50 385
Living cost
20 924
20 924
20 924
20 924
Free-cash
21 227
29 475
15 014
29 461

Estimated living cost  is ₽20924 per week

₽13349
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1993
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.
₽5107
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽31227
-₽36873
-₽6161
-₽36873
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
63 000
income
-
-
-
6 019
health
-
-
-
9 669
pensions
-
-
-
11 341
total
-
-
-
27 029
Employee
85 887
85 887
85 887
-
pensions
15 460
11 784
15 460
-
income

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

14 058
14 058
14 058
-
health
13 183
11 213
13 183
-
total
42 701
37 055
42 701
-
Employer
85 887
85 887
85 887
-
health
5 970
5 970
5 970
-
pensions
5 978
5 978
5 978
-
unemployment
3 092
3 092
3 092
-
total
15 040
15 040
15 040
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
63 000
63 000
63 000
63 000
Total tax
57 741
52 095
57 741
27 029
After tax
5 259
10 905
5 259
35 971
Living cost
42 132
42 132
42 132
42 132
Free-cash
-36 873
-31 227
-36 873
-6 161

Estimated living cost  is ₽42132 per week

₽29858
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3798
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽670
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7806
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽6808
-₽7563
-₽9801
-₽14163
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
63 000
accident
-
-
-
126
other
-
-
-
7 321
unemployment
-
-
-
63
health
-
-
-
3 931
municipal
-
-
-
13 344
national
-
-
-
-
pensions
-
-
-
6 810
total
-
-
-
31 595
Employee
58 715
-
47 938
-
municipal
17 509
-
14 295
-
national
-
-
-
-
total
17 509
-
14 295
-
Employer
58 715
-
47 938
-
health
3 611
-
2 948
-
pensions
6 347
-
5 182
-
accident
117
-
96
-
unemployment
1 550
-
1 266
-
other
6 823
-
5 570
-
total
18 448
-
15 062
-
Corporate
-
63 000
-
-
income
-
13 860
-
-
total
-
13 860
-
-
Dividends
-
49 140
-
-
withholding
-
14 742
-
-
total
-
14 742
-
-
Income
63 000
63 000
63 000
63 000
Total tax
35 957
28 602
29 357
31 595
After tax
27 043
34 398
33 643
31 405
Living cost
41 206
41 206
41 206
41 206
Free-cash
-14 163
-6 808
-7 563
-9 801

Estimated living cost  is ₽41206 per week

₽27310
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4043
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽626
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9227
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽7871
₽8305
₽5633
₽6260
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
63 000
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.

-
-
-
7 881
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.

-
-
-
433
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.

-
-
-
6 871
trade
-
-
-
2 672
total
-
-
-
17 857
Employee

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

51 004
-
63 000
-
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.

240
-
433
-
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.

4 382
-
7 881
-
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.

6 871
-
6 871
-
total
11 493
-
15 185
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
11 996
63 000
-
-
income
1 800
9 449
-
-
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.

99
519
-
-
chamber of commerce
170
242
-
-
trade
1 973
10 364
-
-
total
4 042
20 574
-
-
Dividends
7 954
42 425
-
-
surtax

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

88
563
-
-
withholding
1 607
10 224
-
-
total
1 695
10 787
-
-
Income
63 000
63 000
63 000
63 000
Total tax
17 230
31 361
15 185
17 857
After tax
45 770
31 639
47 815
45 143
Living cost
39 510
39 510
39 510
39 510
Free-cash
6 260
-7 871
8 305
5 633

Estimated living cost  is ₽39510 per week

₽26424
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4166
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.
₽8329
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽7636
₽11095
₽16074
₽9540
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
63 000
income
-
-
-
2 871
social contributions
-
-
-
9 827
health
-
-
-
1 607
total
-
-
-
14 305
Employee
77 337
77 337
77 337
-
social contributions
3 758
6 419
4 747
-
income
8 121
7 159
7 762
-
health
769
1 315
971
-
total
12 648
14 893
13 480
-
Employer
77 337
77 337
77 337
-
health
838
1 431
1 057
-
social contributions
3 758
6 419
4 747
-
total
4 596
7 850
5 804
-
Corporate
13 134
-
-
-
income
1 641
-
-
-
total
1 641
-
-
-
Dividends
11 493
-
-
-
withholding
1 954
-
-
-
total
1 954
-
-
-
Income
63 000
63 000
63 000
63 000
Total tax
20 839
22 743
19 284
14 305
After tax
42 161
40 257
43 716
48 695
Living cost
32 621
32 621
32 621
32 621
Free-cash
9 540
7 636
11 095
16 074

Estimated living cost  is ₽32621 per week

₽22300
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2548
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽548
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7226
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽17178
₽18067
₽25188
₽17562
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
63 000
income
-
-
-
7 702
unemployment
-
-
-
945
health
-
-
-
4 410
pensions
-
-
-
6 300
total
-
-
-
19 357
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.

26 641
10 603
52 720
-
unemployment
400
159
791
-
pensions
2 664
1 060
5 272
-
income
3 257
1 296
6 445
-
health
1 865
742
3 690
-
total
8 186
3 257
16 198
-
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.

26 641
10 603
52 720
-
pensions
5 195
2 068
10 280
-
total
5 195
2 068
10 280
-
Corporate
31 164
50 330
-
-
income
2 805
4 530
-
-
total
2 805
4 530
-
-
Dividends
28 360
45 800
-
-
social contributions
5 409
8 810
-
-
withholding
5 388
8 702
-
-
total
10 797
17 512
-
-
Income
63 000
63 000
63 000
63 000
Total tax
26 983
27 367
26 478
19 357
After tax
36 017
35 633
36 522
43 643
Living cost
18 455
18 455
18 455
18 455
Free-cash
17 562
17 178
18 067
25 188

Estimated living cost  is ₽18455 per week

₽12594
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1510
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽369
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3982
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽26106
₽12320
₽10130
₽19860
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
63 000
income
-
-
-
7 789
health
-
-
-
8 190
pensions
-
-
-
12 599
total
-
-
-
28 578
Employee
28 531
-
47 086
-
unemployment
456
-
754
-
pensions
571
-
941
-
income
3 212
-
8 778
-
total
4 239
-
10 473
-
Employer
28 531
-
47 086
-
health
3 708
-
6 121
-
pensions
5 707
-
9 417
-
unemployment
229
-
376
-
total
9 644
-
15 914
-
Corporate
24 824
63 000
-
-
income
4 964
12 601
-
-
total
4 964
12 601
-
-
Dividends
19 860
50 399
-
-
total
-
-
-
-
Income
63 000
63 000
63 000
63 000
Total tax
18 847
12 601
26 387
28 578
After tax
44 153
50 399
36 613
34 422
Living cost
24 292
24 292
24 292
24 292
Free-cash
19 860
26 106
12 320
10 130

Estimated living cost  is ₽24292 per week

₽16662
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1447
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽489
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5695
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽17297
₽10575
₽21087
₽1667
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
63 000
accident
-
-
-
257
income
-
-
-
12 422
other
-
-
-
377
health
-
-
-
2 221
pensions
-
-
-
4 236
total
-
-
-
19 513
Employee
35 237
-
52 334
-
pensions
3 968
-
5 893
-
income
4 834
-
7 475
-
health
4 035
-
5 992
-
total
12 837
-
19 360
-
Employer
35 237
-
52 334
-
pensions
5 730
-
8 509
-
accident
588
-
874
-
unemployment
863
-
1 282
-
total
7 181
-
10 665
-
Corporate
20 582
63 000
-
-
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.

18 524
56 700
-
-
total
18 524
56 700
-
-
Dividends
2 058
6 300
-
-
withholding
391
1 197
-
-
total
391
1 197
-
-
Income
63 000
63 000
63 000
63 000
Total tax
38 933
57 897
30 025
19 513
After tax
24 067
5 103
32 975
43 487
Living cost
22 400
22 400
22 400
22 400
Free-cash
1 667
-17 297
10 575
21 087

Estimated living cost  is ₽22400 per week

₽16417
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1241
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽468
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4275
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽51710
₽42260
₽54230
₽50184
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
63 000
microenterprise

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

-
-
-
630
total
-
-
-
630
Employee
10 174
-
63 000
-
income
2 035
-
12 600
-
total
2 035
-
12 600
-
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%.

52 826
63 000
-
-
total
-
-
-
-
Dividends
52 826
63 000
-
-
withholding
2 641
3 150
-
-
total
2 641
3 150
-
-
Income
63 000
63 000
63 000
63 000
Total tax
4 676
3 150
12 600
630
After tax
58 324
59 850
50 400
62 370
Living cost
8 140
8 140
8 140
8 140
Free-cash
50 184
51 710
42 260
54 230

Estimated living cost  is ₽8140 per week

₽5044
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽677
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽224
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2195
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽19488
₽10128
₽7314
₽12692
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
63 000
income
-
-
-
8 001
other
-
-
-
2 993
health
-
-
-
2 771
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.

-
-
-
15 122
total
-
-
-
28 887
Employee
36 518
-
50 319
-
unemployment
365
-
504
-
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.

2 556
-
3 523
-
income
6 287
-
8 661
-
health
512
-
704
-
total
9 720
-
13 392
-
Employer
36 518
-
50 319
-
health
512
-
704
-
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.

6 209
-
8 554
-
accident
292
-
403
-
unemployment
365
-
504
-
other
1 827
-
2 516
-
total
9 205
-
12 681
-
Corporate
17 279
63 000
-
-
income
3 628
13 230
-
-
total
3 628
13 230
-
-
Dividends
13 651
49 770
-
-
withholding
956
3 483
-
-
total
956
3 483
-
-
Income
63 000
63 000
63 000
63 000
Total tax
23 509
16 713
26 073
28 887
After tax
39 491
46 287
36 927
34 113
Living cost
26 799
26 799
26 799
26 799
Free-cash
12 692
19 488
10 128
7 314

Estimated living cost  is ₽26799 per week

₽18935
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1809
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽431
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5623
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽19655
-₽26213
-₽19660
-₽44562
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
63 000
income
-
-
-
11 801
pensions
-
-
-
4 000
total
-
-
-
15 801
Employee
94 595
-
56 080
-
pensions
9 126
-
4 505
-
income
17 052
-
10 161
-
health
1 559
-
768
-
total
27 737
-
15 434
-
Employer
94 595
-
56 080
-
health
1 797
-
1 066
-
pensions
11 169
-
5 854
-
total
12 966
-
6 920
-
Corporate
-
63 000
-
-
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.

-
11 970
-
-
total
-
11 970
-
-
Dividends
-
51 030
-
-
withholding
-
3 826
-
-
total
-
3 826
-
-
Income
63 000
63 000
63 000
63 000
Total tax
40 703
15 796
22 354
15 801
After tax
22 297
47 204
40 646
47 199
Living cost
66 859
66 859
66 859
66 859
Free-cash
-44 562
-19 655
-26 213
-19 660

Estimated living cost  is ₽66859 per week

₽50099
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7856
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽544
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8362
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽40660
₽32189
₽30952
₽35980
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
63 000
income
-
-
-
9 450
unemployment
-
-
-
141
health
-
-
-
4 046
pensions

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

-
-
-
5 206
total
-
-
-
18 843
Employee
17 485
-
56 098
-
accident

We are using the highest rate at 1.1%.

193
-
387
-
pensions

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

1 535
-
3 089
-
income
1 748
-
5 610
-
health
804
-
1 618
-
total
4 280
-
10 704
-
Employer
17 485
-
56 098
-
health
1 207
-
2 427
-
pensions

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

1 927
-
3 877
-
accident

We are using the highest rate at 1.1%.

193
-
387
-
unemployment
105
-
211
-
total
3 432
-
6 902
-
Corporate
42 084
63 000
-
-
income
4 209
6 300
-
-
total
4 209
6 300
-
-
Dividends
37 876
56 700
-
-
withholding
1 894
2 835
-
-
total
1 894
2 835
-
-
Income
63 000
63 000
63 000
63 000
Total tax
13 815
9 135
17 606
18 843
After tax
49 185
53 865
45 394
44 157
Living cost
13 205
13 205
13 205
13 205
Free-cash
35 980
40 660
32 189
30 952

Estimated living cost  is ₽13205 per week

₽7709
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽943
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽350
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4203
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽44865
-₽50511
-₽19799
-₽46571
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
63 000
income
-
-
-
6 019
health
-
-
-
9 669
pensions
-
-
-
11 341
total
-
-
-
27 029
Employee
93 245
85 887
85 887
-
pensions
11 784
11 784
15 460
-
income

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

14 058
14 058
14 058
-
health
11 633
11 213
13 183
-
total
37 475
37 055
42 701
-
Employer
93 245
85 887
85 887
-
health
6 480
5 970
5 970
-
pensions
6 489
5 978
5 978
-
unemployment
3 357
3 092
3 092
-
total
16 326
15 040
15 040
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
63 000
63 000
63 000
63 000
Total tax
53 801
52 095
57 741
27 029
After tax
9 199
10 905
5 259
35 971
Living cost
55 770
55 770
55 770
55 770
Free-cash
-46 571
-44 865
-50 511
-19 799

Estimated living cost  is ₽55770 per week

₽41140
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4981
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽639
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9010
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽18382
₽6977
₽5691
₽9466
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
63 000
income
-
-
-
5 415
social contributions
-
-
-
18 396
solidarity contribution
-
-
-
-
health
-
-
-
8 505
total
-
-
-
32 316
Employee
36 754
-
47 015
-
solidarity contribution
-
-
-
-
social contributions
2 389
-
3 056
-
income
4 411
-
5 642
-
health
4 962
-
6 347
-
total
11 762
-
15 045
-
Employer
36 754
-
47 015
-
health
3 308
-
4 231
-
social contributions
9 189
-
11 754
-
total
12 497
-
15 985
-
Corporate
13 749
63 000
-
-
income
2 612
11 970
-
-
total
2 612
11 970
-
-
Dividends
11 137
51 030
-
-
withholding
1 670
7 655
-
-
total
1 670
7 655
-
-
Income
63 000
63 000
63 000
63 000
Total tax
28 541
19 625
31 030
32 316
After tax
34 459
43 375
31 970
30 684
Living cost
24 993
24 993
24 993
24 993
Free-cash
9 466
18 382
6 977
5 691

Estimated living cost  is ₽24993 per week

₽17360
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1778
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.
₽5363
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽8825
-₽11705
-₽8145
-₽26384
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
63 000
social contributions
-
-
-
16 204
regional
-
-
-
638
municipal
-
-
-
374
national
-
-
-
11 490
total
-
-
-
28 706
Employee
89 385
-
63 000
-
municipal
473
-
334
-
national
15 488
-
10 129
-
regional
843
-
560
-
social contributions
30 141
-
21 243
-
total
46 945
-
32 266
-
Employer
89 385
-
63 000
-
total
-
-
-
-
Corporate
-
63 000
-
-
municipal
-
2 456
-
-
nationa
-
15 120
-
-
total
-
17 576
-
-
Dividends
-
45 424
-
-
withholding
-
11 810
-
-
total
-
11 810
-
-
Income
63 000
63 000
63 000
63 000
Total tax
46 945
29 386
32 266
28 706
After tax
16 055
33 614
30 734
34 294
Living cost
42 439
42 439
42 439
42 439
Free-cash
-26 384
-8 825
-11 705
-8 145

Estimated living cost  is ₽42439 per week

₽29583
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2783
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽651
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9421
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽17434
₽11606
₽12975
₽14303
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
63 000
income
-
-
-
9 816
other
-
-
-
-
surtax
-
-
-
712
unemployment
-
-
-
229
health
-
-
-
4 474
pensions
-
-
-
12 601
total
-
-
-
27 832
Employee
33 259
-
52 045
-
other
-
-
-
-
unemployment
2 315
-
3 623
-
pensions
2 218
-
3 472
-
surtax
109
-
609
-
income
5 575
-
9 215
-
health
849
-
1 326
-
total
11 066
-
18 245
-
Employer
33 259
-
52 045
-
health
1 514
-
2 369
-
pensions
4 434
-
6 938
-
unemployment
1 054
-
1 649
-
other
-
-
-
-
total
7 002
-
10 956
-
Corporate
22 740
63 000
-
-
income
5 913
16 380
-
-
total
5 913
16 380
-
-
Dividends
16 827
46 620
-
-
withholding
2 523
6 993
-
-
total
2 523
6 993
-
-
Income
63 000
63 000
63 000
63 000
Total tax
26 504
23 373
29 201
27 832
After tax
36 496
39 627
33 799
35 168
Living cost
22 193
22 193
22 193
22 193
Free-cash
14 303
17 434
11 606
12 975

Estimated living cost  is ₽22193 per week

₽13570
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2048
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽512
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6064
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽1528
-₽5030
₽1523
-₽8462
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
63 000
income
-
-
-
11 801
pensions
-
-
-
4 000
total
-
-
-
15 801
Employee
63 395
-
56 080
-
pensions
5 381
-
4 505
-
income
11 418
-
10 161
-
health
920
-
768
-
total
17 719
-
15 434
-
Employer
63 395
-
56 080
-
health
1 204
-
1 066
-
pensions
6 863
-
5 854
-
total
8 067
-
6 920
-
Corporate
-
63 000
-
-
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.

-
11 970
-
-
total
-
11 970
-
-
Dividends
-
51 030
-
-
withholding
-
3 826
-
-
total
-
3 826
-
-
Income
63 000
63 000
63 000
63 000
Total tax
25 786
15 796
22 354
15 801
After tax
37 214
47 204
40 646
47 199
Living cost
45 676
45 676
45 676
45 676
Free-cash
-8 462
1 528
-5 030
1 523

Estimated living cost  is ₽45676 per week

₽34220
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3424
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽478
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7554
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽50937
-₽29595
-₽26386
-₽39213
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
63 000
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.

-
-
-
1 260
regional
-
-
-
1 460
health
-
-
-
260
city
-
-
-
664
national
-
-
-
201
pensions
-
-
-
5 796
total
-
-
-
9 641
Employee
93 322
-
56 387
-
unemployment
-
-
-
-
pensions
7 840
-
4 737
-
national
442
-
164
-
regional
3 056
-
1 223
-
city
1 002
-
606
-
health
211
-
127
-
total
12 551
-
6 857
-
Employer
93 322
-
56 387
-
health
211
-
127
-
pensions
7 840
-
4 737
-
unemployment
-
-
-
-
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.

1 866
-
1 129
-
total
9 917
-
5 993
-
Corporate
-
63 000
-
-
regional
-
13 325
-
-
national
-
5 356
-
-
total
-
18 681
-
-
Dividends
-
44 319
-
-
withholding
-
15 511
-
-
total
-
15 511
-
-
Income
63 000
63 000
63 000
63 000
Total tax
22 468
34 192
12 850
9 641
After tax
40 532
28 808
50 150
53 359
Living cost
79 745
79 745
79 745
79 745
Free-cash
-39 213
-50 937
-29 595
-26 386

Estimated living cost  is ₽79745 per week

₽51857
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7156
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽979
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽19752
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽14756
₽1741
-₽1044
₽1547
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
63 000
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.

-
-
-
7 881
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.

-
-
-
433
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.

-
-
-
6 871
trade
-
-
-
2 785
total
-
-
-
17 970
Employee

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

60 444
-
63 000
-
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.

391
-
433
-
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.

7 108
-
7 881
-
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.

6 871
-
6 871
-
total
14 370
-
15 185
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
2 556
63 000
-
-
income
384
9 449
-
-
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.

21
519
-
-
chamber of commerce
157
240
-
-
trade
439
10 805
-
-
total
1 001
21 013
-
-
Dividends
1 556
41 986
-
-
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.

-
555
-
-
withholding
8
10 114
-
-
total
8
10 669
-
-
Income
63 000
63 000
63 000
63 000
Total tax
15 379
31 682
15 185
17 970
After tax
47 621
31 318
47 815
45 030
Living cost
46 074
46 074
46 074
46 074
Free-cash
1 547
-14 756
1 741
-1 044

Estimated living cost  is ₽46074 per week

₽33650
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3685
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽599
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8140
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽2657
₽3658
₽3228
₽3284
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
63 000
income
-
-
-
3 080
other
-
-
-
1 952
surtax
-
-
-
-
social contributions
-
-
-
1 794
health
-
-
-
546
pensions
-
-
-
17 990
total
-
-
-
25 362
Employee
43 044
-
48 006
-
pensions
4 867
-
5 430
-
surtax
-
-
-
-
social contributions
1 227
-
1 368
-
income
2 540
-
3 140
-
total
8 634
-
9 938
-
Employer
43 044
-
48 006
-
health
3 014
-
3 361
-
pensions
7 071
-
7 888
-
unemployment
1 743
-
1 945
-
social contributions
130
-
143
-
other
1 485
-
1 657
-
total
13 443
-
14 994
-
Corporate
6 513
63 000
-
-
income
1 825
17 639
-
-
surtax
-
-
-
-
total
1 825
17 639
-
-
Dividends
4 689
45 361
-
-
surtax
-
-
-
-
social contributions
805
7 802
-
-
withholding
599
5 806
-
-
total
1 404
13 608
-
-
Income
63 000
63 000
63 000
63 000
Total tax
25 306
31 247
24 932
25 362
After tax
37 694
31 753
38 068
37 638
Living cost
34 410
34 410
34 410
34 410
Free-cash
3 284
-2 657
3 658
3 228

Estimated living cost  is ₽34410 per week

₽21697
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2798
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽586
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9331
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽752
₽7067
₽6637
₽6337
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
63 000
income
-
-
-
3 080
other
-
-
-
1 952
surtax
-
-
-
-
social contributions
-
-
-
1 794
health
-
-
-
546
pensions
-
-
-
17 990
total
-
-
-
25 362
Employee
38 423
-
48 006
-
pensions
4 346
-
5 430
-
surtax
-
-
-
-
social contributions
1 096
-
1 368
-
income
1 981
-
3 140
-
total
7 423
-
9 938
-
Employer
38 423
-
48 006
-
health
2 689
-
3 361
-
pensions
6 314
-
7 888
-
unemployment
1 556
-
1 945
-
social contributions
115
-
143
-
other
1 326
-
1 657
-
total
12 000
-
14 994
-
Corporate
12 577
63 000
-
-
income
3 521
17 639
-
-
surtax
-
-
-
-
total
3 521
17 639
-
-
Dividends
9 056
45 361
-
-
surtax
-
-
-
-
social contributions
1 559
7 802
-
-
withholding
1 159
5 806
-
-
total
2 718
13 608
-
-
Income
63 000
63 000
63 000
63 000
Total tax
25 662
31 247
24 932
25 362
After tax
37 338
31 753
38 068
37 638
Living cost
31 001
31 001
31 001
31 001
Free-cash
6 337
752
7 067
6 637

Estimated living cost  is ₽31001 per week

₽17979
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3149
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.
₽9285
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽17110
₽16247
₽19133
₽17629
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
63 000
income
-
-
-
9 449
social contributions
-
-
-
8 694
health
-
-
-
4 397
total
-
-
-
22 540
Employee
34 101
-
63 000
-
social contributions
4 707
-
8 694
-
income
5 688
-
12 335
-
health
2 380
-
4 397
-
total
12 775
-
25 426
-
Employer
34 101
-
63 000
-
total
-
-
-
-
Corporate
28 899
63 000
-
-
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%.

1 445
3 149
-
-
total
1 445
3 149
-
-
Dividends
27 454
59 851
-
-
social contributions
3 789
8 258
-
-
withholding
4 119
8 978
-
-
health
1 916
4 178
-
-
total
9 824
21 414
-
-
Income
63 000
63 000
63 000
63 000
Total tax
24 044
24 563
25 426
22 540
After tax
38 956
38 437
37 574
40 460
Living cost
21 327
21 327
21 327
21 327
Free-cash
17 629
17 110
16 247
19 133

Estimated living cost  is ₽21327 per week

₽14272
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1315
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽491
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5247
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽512
-₽12029
-₽974
-₽2879
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
63 000
income
-
-
-
5 441
surtax
-
-
-
198
unemployment
-
-
-
6 169
chamber of commerce
-
-
-
252
health
-
-
-
4 819
pensions
-
-
-
11 656
total
-
-
-
28 535
Employee
50 263
40 080
48 764
-
other
502
401
487
-
unemployment
1 508
1 202
1 462
-
pensions
5 147
4 103
4 993
-
income
5 722
2 956
5 293
-
health
1 945
1 552
1 888
-
total
14 824
10 214
14 123
-
Employer
50 263
40 080
48 764
-
chamber of commerce
200
160
195
-
health
1 899
1 515
1 844
-
pensions
6 308
5 031
6 119
-
accident
653
521
634
-
unemployment
1 508
1 202
1 462
-
surtax
198
198
198
-
payroll
1 508
1 202
1 462
-
other
2 388
1 903
2 315
-
total
14 662
11 732
14 229
-
Corporate
3 817
11 185
44 954
-
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.

954
2 796
11 238
-
total
954
2 796
11 238
-
Dividends
-
8 389
-
-
withholding
-
2 307
-
-
total
-
2 307
-
-
Income
63 000
63 000
63 000
63 000
Total tax
30 440
27 049
39 590
28 535
After tax
32 560
35 951
23 410
34 465
Living cost
35 439
35 439
35 439
35 439
Free-cash
-2 879
512
-12 029
-974

Estimated living cost  is ₽35439 per week

₽23636
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3023
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽582
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8197
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽1201
-₽9972
-₽3597
-₽29884
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
63 000
communal

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

-
-
-
3 311
social contributions
-
-
-
7 799
national
-
-
-
18 816
total
-
-
-
29 926
Employee

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

71 942
-
48 794
-
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.

626
-
424
-
communal

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

3 752
-
2 544
-
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.

5 396
-
3 659
-
national
22 118
-
13 174
-
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.

3 380
-
2 294
-
total
35 272
-
22 095
-
Employer

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

71 942
-
48 794
-
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.

4 424
-
3 000
-
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.

6 375
-
4 323
-
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.

935
-
636
-
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.

1 050
-
712
-
surtax
8 157
-
5 535
-
total
20 941
-
14 206
-
Corporate
-
63 000
-
-
income
-
12 601
-
-
surtax
-
252
-
-
total
-
12 853
-
-
Dividends
-
50 148
-
-
withholding

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

-
14 677
-
-
total
-
14 677
-
-
Income
63 000
63 000
63 000
63 000
Total tax
56 213
27 530
36 301
29 926
After tax
6 787
35 470
26 699
33 074
Living cost
36 671
36 671
36 671
36 671
Free-cash
-29 884
-1 201
-9 972
-3 597

Estimated living cost  is ₽36671 per week

₽23621
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3206
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽574
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9270
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽6213
-₽1507
-₽1950
-₽3023
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
63 000
accident
-
-
-
567
income
-
-
-
9 729
other
-
-
-
63
unemployment
-
-
-
441
pensions
-
-
-
17 828
total
-
-
-
28 628
Employee
50 064
-
47 769
-
other
50
-
48
-
unemployment
777
-
741
-
pensions
2 353
-
2 245
-
income
10 563
-
9 920
-
total
13 743
-
12 954
-
Employer
50 064
-
47 769
-
pensions
11 814
-
11 274
-
accident
991
-
947
-
unemployment
2 754
-
2 628
-
other
399
-
382
-
total
15 958
-
15 231
-
Corporate
-
63 000
-
-
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.

-
9 449
-
-
total
-
9 449
-
-
Dividends
-
53 551
-
-
withholding
-
11 016
-
-
total
-
11 016
-
-
Income
63 000
63 000
63 000
63 000
Total tax
29 701
20 465
28 185
28 628
After tax
33 299
42 535
34 815
34 372
Living cost
36 322
36 322
36 322
36 322
Free-cash
-3 023
6 213
-1 507
-1 950

Estimated living cost  is ₽36322 per week

₽26747
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2577
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽523
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6474
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽15242
-₽12185
-₽13412
-₽22263
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
63 000
communal
-
-
-
-
accident
-
-
-
567
income
-
-
-
3 052
surtax
-
-
-
3 334
health
-
-
-
4 724
pensions
-
-
-
10 079
total
-
-
-
21 756
Employee
76 164
-
56 274
-
pensions
6 092
-
4 502
-
surtax
4 668
-
3 449
-
income
7 357
-
3 346
-
health
3 390
-
2 506
-
total
21 507
-
13 803
-
Employer
76 164
-
56 274
-
health
2 323
-
1 718
-
pensions
6 092
-
4 502
-
accident
685
-
506
-
total
9 100
-
6 726
-
Corporate
-
63 000
-
-
communal
-
4 252
-
-
income
-
9 449
-
-
surtax
-
662
-
-
total
-
14 363
-
-
Dividends
-
48 636
-
-
income
-
1 928
-
-
withholding
-
7 295
-
-
total
-
9 223
-
-
Income
63 000
63 000
63 000
63 000
Total tax
30 607
23 586
20 529
21 756
After tax
32 393
39 414
42 471
41 244
Living cost
54 656
54 656
54 656
54 656
Free-cash
-22 263
-15 242
-12 185
-13 412

Estimated living cost  is ₽54656 per week

₽41000
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3311
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽578
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9764
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽17037
₽11209
₽12578
₽13838
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
63 000
income
-
-
-
9 816
other
-
-
-
-
surtax
-
-
-
712
unemployment
-
-
-
229
health
-
-
-
4 474
pensions
-
-
-
12 601
total
-
-
-
27 832
Employee
33 870
-
52 045
-
other
-
-
-
-
unemployment
2 357
-
3 623
-
pensions
2 260
-
3 472
-
surtax
120
-
609
-
income
5 678
-
9 215
-
health
865
-
1 326
-
total
11 280
-
18 245
-
Employer
33 870
-
52 045
-
health
1 540
-
2 369
-
pensions
4 516
-
6 938
-
unemployment
1 075
-
1 649
-
other
-
-
-
-
total
7 131
-
10 956
-
Corporate
21 999
63 000
-
-
income
5 720
16 380
-
-
total
5 720
16 380
-
-
Dividends
16 279
46 620
-
-
withholding
2 441
6 993
-
-
total
2 441
6 993
-
-
Income
63 000
63 000
63 000
63 000
Total tax
26 572
23 373
29 201
27 832
After tax
36 428
39 627
33 799
35 168
Living cost
22 590
22 590
22 590
22 590
Free-cash
13 838
17 037
11 209
12 578

Estimated living cost  is ₽22590 per week

₽13639
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1964
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.
₽6464
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽6020
₽3353
₽6889
₽3788
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
63 000
social contributions
-
-
-
16 204
regional
-
-
-
950
municipal
-
-
-
374
national
-
-
-
11 490
total
-
-
-
29 018
Employee
55 790
-
63 000
-
municipal
296
-
334
-
national
8 839
-
10 129
-
regional
751
-
848
-
social contributions
18 813
-
21 243
-
total
28 699
-
32 554
-
Employer
55 790
-
63 000
-
total
-
-
-
-
Corporate
7 210
63 000
-
-
municipal
359
3 132
-
-
nationa
1 731
15 120
-
-
total
2 090
18 252
-
-
Dividends
5 120
44 748
-
-
withholding
1 330
11 635
-
-
total
1 330
11 635
-
-
Income
63 000
63 000
63 000
63 000
Total tax
32 119
29 887
32 554
29 018
After tax
30 881
33 113
30 446
33 982
Living cost
27 093
27 093
27 093
27 093
Free-cash
3 788
6 020
3 353
6 889

Estimated living cost  is ₽27093 per week

₽16849
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2745
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽464
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7035
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽12577
₽1172
-₽114
₽1590
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
63 000
income
-
-
-
5 415
social contributions
-
-
-
18 396
solidarity contribution
-
-
-
-
health
-
-
-
8 505
total
-
-
-
32 316
Employee
45 291
-
47 015
-
solidarity contribution
-
-
-
-
social contributions
2 944
-
3 056
-
income
5 435
-
5 642
-
health
6 114
-
6 347
-
total
14 493
-
15 045
-
Employer
45 291
-
47 015
-
health
4 076
-
4 231
-
social contributions
11 323
-
11 754
-
total
15 399
-
15 985
-
Corporate
2 310
63 000
-
-
income
439
11 970
-
-
total
439
11 970
-
-
Dividends
1 871
51 030
-
-
withholding
281
7 655
-
-
total
281
7 655
-
-
Income
63 000
63 000
63 000
63 000
Total tax
30 612
19 625
31 030
32 316
After tax
32 388
43 375
31 970
30 684
Living cost
30 798
30 798
30 798
30 798
Free-cash
1 590
12 577
1 172
-114

Estimated living cost  is ₽30798 per week

₽22903
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1706
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽533
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5656
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽3971
-₽8642
₽2576
₽3470
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
63 000
income
-
-
-
5 441
surtax
-
-
-
-
unemployment
-
-
-
6 169
chamber of commerce
-
-
-
252
health
-
-
-
4 819
pensions
-
-
-
11 656
total
-
-
-
28 337
Employee
43 964
40 080
48 918
-
other
439
401
489
-
unemployment
1 319
1 202
1 468
-
pensions
4 502
4 103
5 010
-
income
3 916
2 956
5 336
-
health
1 701
1 552
1 893
-
total
11 877
10 214
14 196
-
Employer
43 964
40 080
48 918
-
chamber of commerce
176
160
197
-
health
1 662
1 515
1 849
-
pensions
5 518
5 031
6 140
-
accident
571
521
636
-
unemployment
1 319
1 202
1 468
-
surtax
-
-
-
-
payroll
1 319
1 202
1 468
-
other
2 088
1 903
2 325
-
total
12 653
11 534
14 083
-
Corporate
6 384
11 384
45 101
-
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.

1 596
2 846
11 276
-
total
1 596
2 846
11 276
-
Dividends
4 788
8 538
-
-
withholding
1 317
2 348
-
-
total
1 317
2 348
-
-
Income
63 000
63 000
63 000
63 000
Total tax
27 443
26 942
39 555
28 337
After tax
35 557
36 058
23 445
34 663
Living cost
32 087
32 087
32 087
32 087
Free-cash
3 470
3 971
-8 642
2 576

Estimated living cost  is ₽32087 per week

₽19248
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3277
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽573
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8989
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47166
₽37716
₽49686
₽44788
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
63 000
microenterprise

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

-
-
-
630
total
-
-
-
630
Employee
15 855
-
63 000
-
income
3 171
-
12 600
-
total
3 171
-
12 600
-
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%.

47 145
63 000
-
-
total
-
-
-
-
Dividends
47 145
63 000
-
-
withholding
2 357
3 150
-
-
total
2 357
3 150
-
-
Income
63 000
63 000
63 000
63 000
Total tax
5 528
3 150
12 600
630
After tax
57 472
59 850
50 400
62 370
Living cost
12 684
12 684
12 684
12 684
Free-cash
44 788
47 166
37 716
49 686

Estimated living cost  is ₽12684 per week

₽8583
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽532
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.
₽3142
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽16400
₽5460
₽7265
₽7986
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
63 000
income
-
-
-
10 958
unemployment
-
-
-
95
health
-
-
-
6 201
pensions
-
-
-
11 505
total
-
-
-
28 759
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.

44 474
-
54 511
-
unemployment
63
-
76
-
pensions
6 894
-
8 449
-
income
7 670
-
10 029
-
health
2 872
-
3 521
-
total
17 499
-
22 075
-
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.

44 474
-
54 511
-
health
2 962
-
3 632
-
pensions
3 936
-
4 825
-
unemployment
27
-
32
-
total
6 925
-
8 489
-
Corporate
11 601
63 000
-
-
income
2 204
11 971
-
-
total
2 204
11 971
-
-
Dividends
9 397
51 029
-
-
withholding
1 410
7 653
-
-
total
1 410
7 653
-
-
Income
63 000
63 000
63 000
63 000
Total tax
28 038
19 624
30 564
28 759
After tax
34 962
43 376
32 436
34 241
Living cost
26 976
26 976
26 976
26 976
Free-cash
7 986
16 400
5 460
7 265

Estimated living cost  is ₽26976 per week

₽18513
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1729
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽523
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6212
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽5674
₽5581
-₽465
-₽89057
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
63 000
income
-
-
-
12 280
social contributions
-
-
-
7 182
total
-
-
-
19 462
Employee
63 094
-
-
-
social contributions
5 174
-
737
-
income
13 917
-
-
-
total
19 091
-
737
-
Employer
63 094
-
-
-
social contributions
88 963
-
12 679
-
total
88 963
-
12 679
-
Corporate
-
63 000
-
-
income
-
13 860
-
-
total
-
13 860
-
-
Dividends
-
49 140
-
-
income
-
10 811
-
-
total
-
10 811
-
-
Income
63 000
63 000
63 000
63 000
Total tax
108 054
24 671
13 416
19 462
After tax
-45 054
38 329
49 584
43 538
Living cost
44 003
44 003
44 003
44 003
Free-cash
-89 057
-5 674
5 581
-465

Estimated living cost  is ₽44003 per week

₽28551
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4138
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.
₽10753
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽4288
₽2690
₽4608
₽3276
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
63 000
income
-
-
-
4 953
surtax
-
-
-
-
social contributions

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

-
-
-
21 892
total
-
-
-
26 845
Employee
46 257
-
50 909
-
surtax
-
-
-
-
social contributions
5 088
-
5 600
-
income
9 622
-
11 072
-
total
14 710
-
16 672
-
Employer
46 257
-
50 909
-
social contributions
10 986
-
12 091
-
total
10 986
-
12 091
-
Corporate
5 758
63 000
-
-
income
1 208
13 230
-
-
surtax
-
-
-
-
total
1 208
13 230
-
-
Dividends
4 549
49 770
-
-
withholding
1 273
13 935
-
-
total
1 273
13 935
-
-
Income
63 000
63 000
63 000
63 000
Total tax
28 177
27 165
28 763
26 845
After tax
34 823
35 835
34 237
36 155
Living cost
31 547
31 547
31 547
31 547
Free-cash
3 276
4 288
2 690
4 608

Estimated living cost  is ₽31547 per week

₽23604
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1861
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.
₽5556
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽16823
-₽10508
-₽10938
-₽19665
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
63 000
income
-
-
-
3 080
other
-
-
-
1 952
surtax
-
-
-
-
social contributions
-
-
-
1 794
health
-
-
-
546
pensions
-
-
-
17 990
total
-
-
-
25 362
Employee
62 992
-
48 006
-
pensions
7 125
-
5 430
-
surtax
-
-
-
-
social contributions
1 794
-
1 368
-
income
5 496
-
3 140
-
total
14 415
-
9 938
-
Employer
62 992
-
48 006
-
health
4 409
-
3 361
-
pensions
10 350
-
7 888
-
unemployment
2 552
-
1 945
-
social contributions
189
-
143
-
other
2 174
-
1 657
-
total
19 674
-
14 994
-
Corporate
-
63 000
-
-
income
-
17 639
-
-
surtax
-
-
-
-
total
-
17 639
-
-
Dividends
-
45 361
-
-
surtax
-
-
-
-
social contributions
-
7 802
-
-
withholding
-
5 806
-
-
total
-
13 608
-
-
Income
63 000
63 000
63 000
63 000
Total tax
34 089
31 247
24 932
25 362
After tax
28 911
31 753
38 068
37 638
Living cost
48 576
48 576
48 576
48 576
Free-cash
-19 665
-16 823
-10 508
-10 938

Estimated living cost  is ₽48576 per week

₽32876
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3974
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽666
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11060
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽26468
₽20509
₽18742
₽23090
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
63 000
income
-
-
-
166
social contributions
-
-
-
13 860
total
-
-
-
14 026
Employee
32 334
-
54 545
-
income
-
-
260
-
social contributions
2 101
-
3 544
-
total
2 101
-
3 804
-
Employer
32 334
-
54 545
-
social contributions
5 012
-
8 455
-
total
5 012
-
8 455
-
Corporate
25 654
63 000
-
-
income
2 565
6 300
-
-
total
2 565
6 300
-
-
Dividends
23 089
56 700
-
-
total
-
-
-
-
Income
63 000
63 000
63 000
63 000
Total tax
9 678
6 300
12 259
14 026
After tax
53 322
56 700
50 741
48 974
Living cost
30 232
30 232
30 232
30 232
Free-cash
23 090
26 468
20 509
18 742

Estimated living cost  is ₽30232 per week

₽19548
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2279
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽569
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7837
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽156026
-₽156026
-₽7859
-₽156026
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
63 000
labour market
-
-
-
4 970
municipal
-
-
-
10 494
national
-
-
-
6 110
pensions
-
-
-
871
total
-
-
-
22 445
Employee
204 345
204 345
204 345
-
municipal
43 514
43 514
43 514
-
labour market
16 324
16 324
16 324
-
pensions
290
290
290
-
national
24 964
24 964
24 964
-
total
85 092
85 092
85 092
-
Employer
204 345
204 345
204 345
-
national
25 008
25 008
25 008
-
labour market
16 348
16 348
16 348
-
pensions
581
581
581
-
municipal
43 583
43 583
43 583
-
total
85 520
85 520
85 520
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
63 000
63 000
63 000
63 000
Total tax
170 612
170 612
170 612
22 445
After tax
-107 612
-107 612
-107 612
40 555
Living cost
48 414
48 414
48 414
48 414
Free-cash
-156 026
-156 026
-156 026
-7 859

Estimated living cost  is ₽48414 per week

₽33135
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4283
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽745
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10252
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽16967
₽10905
₽21417
₽1717
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
63 000
accident
-
-
-
257
income
-
-
-
12 422
other
-
-
-
377
health
-
-
-
2 221
pensions
-
-
-
4 236
total
-
-
-
19 513
Employee
34 717
-
52 334
-
pensions
3 909
-
5 893
-
income
4 763
-
7 475
-
health
3 975
-
5 992
-
total
12 647
-
19 360
-
Employer
34 717
-
52 334
-
pensions
5 645
-
8 509
-
accident
580
-
874
-
unemployment
851
-
1 282
-
total
7 076
-
10 665
-
Corporate
21 207
63 000
-
-
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.

19 087
56 700
-
-
total
19 087
56 700
-
-
Dividends
2 121
6 300
-
-
withholding
403
1 197
-
-
total
403
1 197
-
-
Income
63 000
63 000
63 000
63 000
Total tax
39 213
57 897
30 025
19 513
After tax
23 787
5 103
32 975
43 487
Living cost
22 070
22 070
22 070
22 070
Free-cash
1 717
-16 967
10 905
21 417

Estimated living cost  is ₽22070 per week

₽16064
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1258
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.
₽4333
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽4730
₽56
₽9507
₽70
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
63 000
health
-
-
-
550
municipal
-
-
-
11 242
national
-
-
-
3 088
total
-
-
-
14 880
Employee
52 914
-
52 999
-
municipal
8 667
-
8 682
-
unemployment
794
-
796
-
pensions
3 571
-
3 577
-
national
874
-
878
-
health
395
-
397
-
total
14 301
-
14 330
-
Employer
52 914
-
52 999
-
health
407
-
408
-
pensions
9 180
-
9 196
-
accident
53
-
53
-
unemployment
344
-
344
-
total
9 984
-
10 001
-
Corporate
102
63 000
-
-
income
21
12 601
-
-
total
21
12 601
-
-
Dividends

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

61
37 800
-
-
municipal
11
6 804
-
-
national
-
252
-
-
total
11
7 056
-
-
Income
63 000
63 000
63 000
63 000
Total tax
24 317
19 657
24 331
14 880
After tax
38 683
43 343
38 669
48 120
Living cost
38 613
38 613
38 613
38 613
Free-cash
70
4 730
56
9 507

Estimated living cost  is ₽38613 per week

₽25222
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3714
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽615
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9064
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽16971
₽20430
₽25409
₽17570
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
63 000
income
-
-
-
2 871
social contributions
-
-
-
9 827
health
-
-
-
1 607
total
-
-
-
14 305
Employee
77 337
77 337
77 337
-
social contributions
2 924
6 419
4 747
-
income
8 421
7 159
7 762
-
health
599
1 315
971
-
total
11 944
14 893
13 480
-
Employer
77 337
77 337
77 337
-
health
651
1 431
1 057
-
social contributions
2 924
6 419
4 747
-
total
3 575
7 850
5 804
-
Corporate
24 195
-
-
-
income
3 025
-
-
-
total
3 025
-
-
-
Dividends
21 170
-
-
-
withholding
3 600
-
-
-
total
3 600
-
-
-
Income
63 000
63 000
63 000
63 000
Total tax
22 144
22 743
19 284
14 305
After tax
40 856
40 257
43 716
48 695
Living cost
23 286
23 286
23 286
23 286
Free-cash
17 570
16 971
20 430
25 409

Estimated living cost  is ₽23286 per week

₽13956
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2285
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.
₽6531
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Larnaca model

Close
Podgorica , Montenegro
₽36203
₽23020
₽31499
₽31086
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
63 000
income
-
-
-
5 466
unemployment
-
-
-
29
health
-
-
-
3 640
pensions
-
-
-
6 398
total
-
-
-
15 533
Employee

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

23 085
-
57 116
-
unemployment
115
-
286
-
pensions
3 462
-
8 568
-
income
1 578
-
4 419
-
health
1 962
-
4 855
-
total
7 117
-
18 128
-
Employer

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

23 085
-
57 116
-
health
992
-
2 456
-
pensions
1 269
-
3 142
-
unemployment
115
-
286
-
total
2 376
-
5 884
-
Corporate
37 538
63 000
-
-
income
3 378
5 670
-
-
total
3 378
5 670
-
-
Dividends
34 160
57 330
-
-
withholding
3 075
5 159
-
-
total
3 075
5 159
-
-
Income
63 000
63 000
63 000
63 000
Total tax
15 946
10 829
24 012
15 533
After tax
47 054
52 171
38 988
47 467
Living cost
15 968
15 968
15 968
15 968
Free-cash
31 086
36 203
23 020
31 499

Estimated living cost  is ₽15968 per week

₽10188
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1151
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.
₽4153
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽14878
₽7158
₽6715
₽9600
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
63 000
accident
-
-
-
567
income
-
-
-
9 729
other
-
-
-
63
unemployment
-
-
-
441
pensions
-
-
-
17 828
total
-
-
-
28 628
Employee
37 188
-
47 769
-
other
36
-
48
-
unemployment
576
-
741
-
pensions
1 748
-
2 245
-
income
7 170
-
9 920
-
total
9 530
-
12 954
-
Employer
37 188
-
47 769
-
pensions
8 776
-
11 274
-
accident
737
-
947
-
unemployment
2 046
-
2 628
-
other
298
-
382
-
total
11 857
-
15 231
-
Corporate
13 955
63 000
-
-
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.

2 094
9 449
-
-
total
2 094
9 449
-
-
Dividends
11 862
53 551
-
-
withholding
2 262
11 016
-
-
total
2 262
11 016
-
-
Income
63 000
63 000
63 000
63 000
Total tax
25 743
20 465
28 185
28 628
After tax
37 257
42 535
34 815
34 372
Living cost
27 657
27 657
27 657
27 657
Free-cash
9 600
14 878
7 158
6 715

Estimated living cost  is ₽27657 per week

₽18668
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2659
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽485
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5846
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽37353
₽37701
₽37840
₽37032
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
63 000
income
-
-
-
20 736
health
-
-
-
1 036
pensions
-
-
-
1 429
total
-
-
-
23 201
Employee
2 983
-
61 393
-
unemployment
30
-
71
-
pensions
268
-
643
-
income
577
-
20 661
-
health
149
-
357
-
total
1 024
-
21 732
-
Employer
2 983
-
61 393
-
health
283
-
679
-
pensions
328
-
786
-
unemployment
60
-
143
-
total
671
-
1 608
-
Corporate
59 346
63 000
-
-
income
13 056
13 860
-
-
total
13 056
13 860
-
-
Dividends
46 290
49 140
-
-
withholding
9 258
9 828
-
-
total
9 258
9 828
-
-
Income
63 000
63 000
63 000
63 000
Total tax
24 009
23 688
23 340
23 201
After tax
38 991
39 312
39 660
39 799
Living cost
1 959
1 959
1 959
1 959
Free-cash
37 032
37 353
37 701
37 840

Estimated living cost  is ₽1959 per week

₽1164
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽159
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽45
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽591
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28124
₽16344
₽13633
₽23175
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
63 000
income
-
-
-
8 160
unemployment
-
-
-
945
health
-
-
-
6 489
pensions
-
-
-
16 380
total
-
-
-
31 974
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.

26 227
-
53 435
-
unemployment
197
-
401
-
pensions
3 672
-
7 481
-
income
3 615
-
9 064
-
health
1 351
-
2 752
-
total
8 835
-
19 698
-
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.

26 227
-
53 435
-
health
1 351
-
2 752
-
pensions
3 147
-
6 412
-
unemployment
197
-
401
-
total
4 695
-
9 565
-
Corporate
32 078
63 000
-
-
income
4 812
9 450
-
-
total
4 812
9 450
-
-
Dividends
27 266
53 550
-
-
withholding
4 090
8 033
-
-
total
4 090
8 033
-
-
Income
63 000
63 000
63 000
63 000
Total tax
22 432
17 483
29 263
31 974
After tax
40 568
45 517
33 737
31 026
Living cost
17 393
17 393
17 393
17 393
Free-cash
23 175
28 124
16 344
13 633

Estimated living cost  is ₽17393 per week

₽11711
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1345
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽503
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3834
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽8721
₽7123
₽9041
₽8359
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
63 000
income
-
-
-
4 953
surtax
-
-
-
-
social contributions

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

-
-
-
21 892
total
-
-
-
26 845
Employee
39 035
-
50 909
-
surtax
-
-
-
-
social contributions
4 294
-
5 600
-
income
7 627
-
11 072
-
total
11 921
-
16 672
-
Employer
39 035
-
50 909
-
social contributions
9 270
-
12 091
-
total
9 270
-
12 091
-
Corporate
14 695
63 000
-
-
income
3 086
13 230
-
-
surtax
-
-
-
-
total
3 086
13 230
-
-
Dividends
11 608
49 770
-
-
withholding
3 250
13 935
-
-
total
3 250
13 935
-
-
Income
63 000
63 000
63 000
63 000
Total tax
27 527
27 165
28 763
26 845
After tax
35 473
35 835
34 237
36 155
Living cost
27 114
27 114
27 114
27 114
Free-cash
8 359
8 721
7 123
9 041

Estimated living cost  is ₽27114 per week

₽19204
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1884
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.
₽5546
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽7189
-₽531
-₽974
-₽1060
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
63 000
accident
-
-
-
567
income
-
-
-
9 729
other
-
-
-
63
unemployment
-
-
-
441
pensions
-
-
-
17 828
total
-
-
-
28 628
Employee
48 573
-
47 769
-
other
48
-
48
-
unemployment
752
-
741
-
pensions
2 283
-
2 245
-
income
10 145
-
9 920
-
total
13 228
-
12 954
-
Employer
48 573
-
47 769
-
pensions
11 463
-
11 274
-
accident
962
-
947
-
unemployment
2 672
-
2 628
-
other
389
-
382
-
total
15 486
-
15 231
-
Corporate
-
63 000
-
-
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.

-
9 449
-
-
total
-
9 449
-
-
Dividends
-
53 551
-
-
withholding
-
11 016
-
-
total
-
11 016
-
-
Income
63 000
63 000
63 000
63 000
Total tax
28 714
20 465
28 185
28 628
After tax
34 286
42 535
34 815
34 372
Living cost
35 346
35 346
35 346
35 346
Free-cash
-1 060
7 189
-531
-974

Estimated living cost  is ₽35346 per week

₽25384
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2748
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽498
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6716
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽36540
₽28069
₽26832
₽30403
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
63 000
income
-
-
-
9 450
unemployment
-
-
-
141
health
-
-
-
4 046
pensions

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

-
-
-
5 206
total
-
-
-
18 843
Employee
22 941
-
56 098
-
accident

We are using the highest rate at 1.1%.

252
-
387
-
pensions

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

2 014
-
3 089
-
income
2 294
-
5 610
-
health
1 055
-
1 618
-
total
5 615
-
10 704
-
Employer
22 941
-
56 098
-
health
1 583
-
2 427
-
pensions

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

2 528
-
3 877
-
accident

We are using the highest rate at 1.1%.

252
-
387
-
unemployment
138
-
211
-
total
4 501
-
6 902
-
Corporate
35 558
63 000
-
-
income
3 556
6 300
-
-
total
3 556
6 300
-
-
Dividends
32 002
56 700
-
-
withholding
1 600
2 835
-
-
total
1 600
2 835
-
-
Income
63 000
63 000
63 000
63 000
Total tax
15 272
9 135
17 606
18 843
After tax
47 728
53 865
45 394
44 157
Living cost
17 325
17 325
17 325
17 325
Free-cash
30 403
36 540
28 069
26 832

Estimated living cost  is ₽17325 per week

₽11459
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽992
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽413
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4462
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽6217
₽8986
₽6656
₽6938
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
63 000
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.

-
-
-
7 881
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.

-
-
-
433
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.

-
-
-
6 871
trade
-
-
-
2 330
total
-
-
-
17 515
Employee

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

50 042
-
63 000
-
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.

227
-
433
-
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.

4 115
-
7 881
-
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.

6 871
-
6 871
-
total
11 213
-
15 185
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
12 958
63 000
-
-
income
1 943
9 449
-
-
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.

107
519
-
-
chamber of commerce
172
244
-
-
trade
1 859
9 041
-
-
total
4 081
19 253
-
-
Dividends
8 877
43 746
-
-
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.

101
580
-
-
withholding
1 838
10 555
-
-
total
1 939
11 135
-
-
Income
63 000
63 000
63 000
63 000
Total tax
17 233
30 388
15 185
17 515
After tax
45 767
32 612
47 815
45 485
Living cost
38 829
38 829
38 829
38 829
Free-cash
6 938
-6 217
8 986
6 656

Estimated living cost  is ₽38829 per week

₽26785
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4178
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽563
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7302
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽13193
-₽8553
-₽8553
-₽15673
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
63 000
income
-
-
-
9 451
social contributions
-
-
-
4 810
total
-
-
-
14 261
Employee
78 672
-
63 000
-
income
14 845
-
9 451
-
social contributions
6 536
-
4 810
-
total
21 381
-
14 261
-
Employer
78 672
-
63 000
-
total
-
-
-
-
Corporate
-
63 000
-
-
income
-
7 875
-
-
total
-
7 875
-
-
Dividends
-
55 125
-
-
withholding
-
11 026
-
-
total
-
11 026
-
-
Income
63 000
63 000
63 000
63 000
Total tax
21 381
18 901
14 261
14 261
After tax
41 619
44 099
48 739
48 739
Living cost
57 292
57 292
57 292
57 292
Free-cash
-15 673
-13 193
-8 553
-8 553

Estimated living cost  is ₽57292 per week

₽43587
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4668
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽548
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8489
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽873
₽9175
-₽8215
₽4952
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
63 000
income
-
-
-
28 629
health

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

-
-
-
6 077
total
-
-
-
34 706
Employee
46 138
-
58 374
-
income
5 006
-
8 064
-
social contributions
4 623
-
4 626
-
total
9 629
-
12 690
-
Employer
46 138
-
58 374
-
social contributions
4 623
-
4 626
-
total
4 623
-
4 626
-
Corporate
12 240
63 000
-
-
income
4 285
22 050
-
-
total
4 285
22 050
-
-
Dividends
7 955
40 950
-
-
social contributions
3 002
5 314
-
-
total
3 002
5 314
-
-
Income
63 000
63 000
63 000
63 000
Total tax
21 539
27 364
17 316
34 706
After tax
41 461
35 636
45 684
28 294
Living cost
36 509
36 509
36 509
36 509
Free-cash
4 952
-873
9 175
-8 215

Estimated living cost  is ₽36509 per week

₽24048
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2878
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽559
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9022
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽10071
₽3513
₽10066
₽4429
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
63 000
income
-
-
-
11 801
pensions
-
-
-
4 000
total
-
-
-
15 801
Employee
50 971
-
56 080
-
pensions
3 890
-
4 505
-
income
9 282
-
10 161
-
health
665
-
768
-
total
13 837
-
15 434
-
Employer
50 971
-
56 080
-
health
969
-
1 066
-
pensions
5 150
-
5 854
-
total
6 119
-
6 920
-
Corporate
5 911
63 000
-
-
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.

1 123
11 970
-
-
total
1 123
11 970
-
-
Dividends
4 788
51 030
-
-
withholding
359
3 826
-
-
total
359
3 826
-
-
Income
63 000
63 000
63 000
63 000
Total tax
21 438
15 796
22 354
15 801
After tax
41 562
47 204
40 646
47 199
Living cost
37 133
37 133
37 133
37 133
Free-cash
4 429
10 071
3 513
10 066

Estimated living cost  is ₽37133 per week

₽25473
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3415
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.
₽7778
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽19152
₽8720
₽19232
₽1383
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
63 000
accident
-
-
-
257
income
-
-
-
12 422
other
-
-
-
377
health
-
-
-
2 221
pensions
-
-
-
4 236
total
-
-
-
19 513
Employee
38 154
-
52 334
-
pensions
4 296
-
5 893
-
income
5 234
-
7 475
-
health
4 368
-
5 992
-
total
13 898
-
19 360
-
Employer
38 154
-
52 334
-
pensions
6 204
-
8 509
-
accident
637
-
874
-
unemployment
935
-
1 282
-
total
7 776
-
10 665
-
Corporate
17 071
63 000
-
-
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.

15 364
56 700
-
-
total
15 364
56 700
-
-
Dividends
1 707
6 300
-
-
withholding
324
1 197
-
-
total
324
1 197
-
-
Income
63 000
63 000
63 000
63 000
Total tax
37 362
57 897
30 025
19 513
After tax
25 638
5 103
32 975
43 487
Living cost
24 255
24 255
24 255
24 255
Free-cash
1 383
-19 152
8 720
19 232

Estimated living cost  is ₽24255 per week

₽17800
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1413
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽489
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4552
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Warsaw model

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Skopje , Macedonia
₽39961
₽23426
₽23426
₽35069
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
63 000
income
-
-
-
8 660
unemployment
-
-
-
756
work injury
-
-
-
315
health insurance
-
-
-
4 662
pensions
-
-
-
11 592
total
-
-
-
25 985
Employee

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

21 742
-
63 000
-
health insurance
1 609
-
4 662
-
unemployment
261
-
756
-
work injury
109
-
315
-
pensions
4 000
-
11 592
-
income
2 174
-
8 660
-
total
8 153
-
25 985
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
41 258
63 000
-
-
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
41 258
63 000
-
-
withholding
6 189
9 450
-
-
total
6 189
9 450
-
-
Income
63 000
63 000
63 000
63 000
Total tax
14 342
9 450
25 985
25 985
After tax
48 658
53 550
37 015
37 015
Living cost
13 589
13 589
13 589
13 589
Free-cash
35 069
39 961
23 426
23 426

Estimated living cost  is ₽13589 per week

₽8418
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽987
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽424
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3759
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽6884
-₽9669
-₽6175
-₽21752
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
63 000
social contributions
-
-
-
16 204
regional
-
-
-
992
municipal
-
-
-
422
national
-
-
-
11 490
total
-
-
-
29 108
Employee
84 751
-
63 000
-
municipal
506
-
376
-
national
14 322
-
10 129
-
regional
1 280
-
854
-
social contributions
28 577
-
21 243
-
total
44 685
-
32 602
-
Employer
84 751
-
63 000
-
total
-
-
-
-
Corporate
-
63 000
-
-
municipal
-
3 037
-
-
nationa
-
15 120
-
-
total
-
18 157
-
-
Dividends
-
44 844
-
-
withholding
-
11 660
-
-
total
-
11 660
-
-
Income
63 000
63 000
63 000
63 000
Total tax
44 685
29 817
32 602
29 108
After tax
18 315
33 183
30 398
33 892
Living cost
40 067
40 067
40 067
40 067
Free-cash
-21 752
-6 884
-9 669
-6 175

Estimated living cost  is ₽40067 per week

₽28144
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2756
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽605
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8560
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rome model

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