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
₽18712
₽3135
₽15755
₽13658
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 498
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.

-
-
-
8 511
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.

-
-
-
468
trade
-
-
-
2 957
total
-
-
-
18 434
Employee

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

36 381
-
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.

56
-
468
-
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.

1 016
-
8 511
-
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.

6 498
-
6 498
-
total
7 570
-
15 477
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
26 619
63 000
-
-
chamber of commerce
182
235
-
-
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.

220
520
-
-
trade
4 193
9 922
-
-
income
3 993
9 450
-
-
total
8 588
20 127
-
-
Dividends
18 030
42 873
-
-
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
570
-
-
withholding
4 146
10 357
-
-
total
4 373
10 927
-
-
Income
63 000
63 000
63 000
63 000
Total tax
20 531
31 054
15 477
18 434
After tax
42 469
31 946
47 523
44 566
Living cost
28 811
28 811
28 811
28 811
Free-cash
13 658
3 135
18 712
15 755

Estimated living cost  is ₽28811 per week

₽18123
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3359
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽538
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6791
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽10414
-₽10768
-₽10908
-₽21679
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
7 560
national
-
-
-
9 476
municipal
-
-
-
6 115
total
-
-
-
23 828
Employee
77 633
-
54 463
-
municipal
9 589
-
6 359
-
national
14 859
-
9 854
-
pensions
3 105
-
2 179
-
total
27 553
-
18 392
-
Employer
77 633
-
54 463
-
pensions
6 211
-
4 357
-
social contributions
835
-
585
-
total
7 046
-
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
34 599
23 688
23 334
23 828
After tax
28 401
39 312
39 666
39 172
Living cost
50 080
50 080
50 080
50 080
Free-cash
-21 679
-10 768
-10 414
-10 908

Estimated living cost  is ₽50080 per week

₽34039
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4655
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽750
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10636
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽16089
₽30612
₽30766
₽22808
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
2 995
income
-
-
-
-
surtax
-
-
-
-
microenterprise
-
-
-
9 450
total
-
-
-
12 445
Employee
27 794
-
50 769
-
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.

3 058
-
5 585
-
income
4 948
-
9 308
-
total
8 006
-
14 893
-
Employer
27 794
-
50 769
-
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.

6 695
-
12 229
-
total
6 695
-
12 229
-
Corporate
28 511
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%.

5 702
12 599
-
-
total
5 702
12 599
-
-
Dividends

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

22 808
50 401
-
-
total
-
-
-
-
Income
63 000
63 000
63 000
63 000
Total tax
20 403
12 599
27 122
12 445
After tax
42 597
50 401
35 878
50 555
Living cost
19 789
19 789
19 789
19 789
Free-cash
22 808
30 612
16 089
30 766

Estimated living cost  is ₽19789 per week

₽12625
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.
₽449
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4830
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽31455
-₽26116
-₽3907
-₽31455
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
9 565
income
-
-
-
6 350
pensions
-
-
-
11 145
total
-
-
-
27 060
Employee
81 228
81 228
81 228
-
income

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

13 296
13 296
13 296
-
pensions
14 621
11 145
14 621
-
health
12 468
10 605
12 468
-
total
40 385
35 046
40 385
-
Employer
81 228
81 228
81 228
-
unemployment
2 924
2 924
2 924
-
health
5 646
5 646
5 646
-
pensions
5 653
5 653
5 653
-
total
14 223
14 223
14 223
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
63 000
63 000
63 000
63 000
Total tax
54 608
49 269
54 608
27 060
After tax
8 392
13 731
8 392
35 940
Living cost
39 847
39 847
39 847
39 847
Free-cash
-31 455
-26 116
-31 455
-3 907

Estimated living cost  is ₽39847 per week

₽28239
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3592
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽634
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7383
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽5489
-₽4734
-₽7727
-₽10278
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
63 000
other
-
-
-
7 321
health
-
-
-
3 931
accident
-
-
-
126
pensions
-
-
-
6 810
national
-
-
-
-
unemployment
-
-
-
63
municipal
-
-
-
13 344
total
-
-
-
31 595
Employee
55 759
-
47 938
-
municipal
16 627
-
14 295
-
national
-
-
-
-
total
16 627
-
14 295
-
Employer
55 759
-
47 938
-
other
6 479
-
5 570
-
unemployment
1 472
-
1 266
-
health
3 429
-
2 948
-
accident
112
-
96
-
pensions
6 027
-
5 182
-
total
17 519
-
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
34 146
28 602
29 357
31 595
After tax
28 854
34 398
33 643
31 405
Living cost
39 132
39 132
39 132
39 132
Free-cash
-10 278
-4 734
-5 489
-7 727

Estimated living cost  is ₽39132 per week

₽25935
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3840
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽594
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8763
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽10156
-₽5745
₽7068
₽7621
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 498
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.

-
-
-
8 511
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.

-
-
-
468
trade
-
-
-
3 088
total
-
-
-
18 565
Employee

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

48 237
-
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
-
468
-
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.

4 144
-
8 511
-
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.

6 498
-
6 498
-
total
10 869
-
15 477
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
14 763
63 000
-
-
chamber of commerce
166
235
-
-
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.

121
520
-
-
trade
2 428
10 363
-
-
income
2 215
9 450
-
-
total
4 930
20 568
-
-
Dividends
9 833
42 433
-
-
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.

116
563
-
-
withholding
2 097
10 247
-
-
total
2 213
10 810
-
-
Income
63 000
63 000
63 000
63 000
Total tax
18 012
31 378
15 477
18 565
After tax
44 988
31 622
47 523
44 435
Living cost
37 367
37 367
37 367
37 367
Free-cash
7 621
-5 745
10 156
7 068

Estimated living cost  is ₽37367 per week

₽24991
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3940
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽558
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7877
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽13376
₽10639
₽17387
₽11504
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
9 829
health
-
-
-
1 607
income
-
-
-
3 325
total
-
-
-
14 761
Employee
73 142
73 142
73 142
-
social contributions
3 554
6 070
4 747
-
income
7 681
6 771
7 247
-
health
727
1 244
973
-
total
11 962
14 085
12 967
-
Employer
73 142
73 142
73 142
-
health
792
1 354
1 058
-
social contributions
3 554
6 070
4 747
-
total
4 346
7 424
5 805
-
Corporate
15 839
-
-
-
income
1 980
-
-
-
total
1 980
-
-
-
Dividends
13 859
-
-
-
withholding
2 356
-
-
-
total
2 356
-
-
-
Income
63 000
63 000
63 000
63 000
Total tax
20 644
21 509
18 772
14 761
After tax
42 356
41 491
44 228
48 239
Living cost
30 852
30 852
30 852
30 852
Free-cash
11 504
10 639
13 376
17 387

Estimated living cost  is ₽30852 per week

₽21090
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2410
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽518
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6834
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽19084
₽18173
₽26205
₽18538
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
4 410
income
-
-
-
7 702
pensions
-
-
-
6 300
unemployment
-
-
-
945
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.

25 172
10 018
52 720
-
income
3 077
1 225
6 445
-
pensions
2 517
1 002
5 272
-
health
1 762
701
3 690
-
unemployment
378
150
791
-
total
7 734
3 078
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.

25 172
10 018
52 720
-
pensions
4 908
1 954
10 280
-
total
4 908
1 954
10 280
-
Corporate
32 920
51 029
-
-
income
2 963
4 593
-
-
total
2 963
4 593
-
-
Dividends
29 957
46 436
-
-
social contributions
5 727
8 941
-
-
withholding
5 692
8 823
-
-
total
11 419
17 764
-
-
Income
63 000
63 000
63 000
63 000
Total tax
27 024
27 389
26 478
19 357
After tax
35 976
35 611
36 522
43 643
Living cost
17 438
17 438
17 438
17 438
Free-cash
18 538
18 173
19 084
26 205

Estimated living cost  is ₽17438 per week

₽11900
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1427
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽348
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3763
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽13348
₽27426
₽11158
₽21516
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
8 190
income
-
-
-
8 078
pensions
-
-
-
12 599
total
-
-
-
28 867
Employee
26 984
-
47 085
-
income
3 038
-
9 067
-
pensions
540
-
942
-
unemployment
431
-
753
-
total
4 009
-
10 762
-
Employer
26 984
-
47 085
-
unemployment
217
-
377
-
health
3 507
-
6 121
-
pensions
5 397
-
9 417
-
total
9 121
-
15 915
-
Corporate
26 895
63 000
-
-
income
5 379
12 599
-
-
total
5 379
12 599
-
-
Dividends
21 516
50 401
-
-
total
-
-
-
-
Income
63 000
63 000
63 000
63 000
Total tax
18 509
12 599
26 677
28 867
After tax
44 491
50 401
36 323
34 133
Living cost
22 975
22 975
22 975
22 975
Free-cash
21 516
27 426
13 348
11 158

Estimated living cost  is ₽22975 per week

₽15758
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1368
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽462
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5386
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽11658
-₽15863
₽22479
₽1885
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
353
health
-
-
-
2 078
accident
-
-
-
241
income
-
-
-
12 918
pensions
-
-
-
3 965
total
-
-
-
19 555
Employee
32 980
-
52 334
-
income
4 525
-
7 825
-
pensions
3 714
-
5 893
-
health
3 776
-
5 992
-
total
12 015
-
19 710
-
Employer
32 980
-
52 334
-
unemployment
808
-
1 282
-
accident
551
-
874
-
pensions
5 363
-
8 510
-
total
6 722
-
10 666
-
Corporate
23 299
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.

20 969
56 700
-
-
total
20 969
56 700
-
-
Dividends
2 330
6 300
-
-
withholding
443
1 197
-
-
total
443
1 197
-
-
Income
63 000
63 000
63 000
63 000
Total tax
40 149
57 897
30 376
19 555
After tax
22 851
5 103
32 624
43 445
Living cost
20 966
20 966
20 966
20 966
Free-cash
1 885
-15 863
11 658
22 479

Estimated living cost  is ₽20966 per week

₽15366
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1162
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽438
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4001
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽42464
₽51914
₽54434
₽50426
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
9 920
-
63 000
-
income
1 984
-
12 600
-
total
1 984
-
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%.

53 080
63 000
-
-
total
-
-
-
-
Dividends
53 080
63 000
-
-
withholding
2 654
3 150
-
-
total
2 654
3 150
-
-
Income
63 000
63 000
63 000
63 000
Total tax
4 638
3 150
12 600
630
After tax
58 362
59 850
50 400
62 370
Living cost
7 936
7 936
7 936
7 936
Free-cash
50 426
51 914
42 464
54 434

Estimated living cost  is ₽7936 per week

₽4918
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽660
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽218
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2140
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽11581
₽20942
₽8768
₽14517
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 993
health
-
-
-
2 773
income
-
-
-
8 002
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.

-
-
-
15 119
total
-
-
-
28 887
Employee
34 537
-
50 319
-
income
5 946
-
8 663
-
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.

2 417
-
3 522
-
health
484
-
704
-
unemployment
345
-
504
-
total
9 192
-
13 393
-
Employer
34 537
-
50 319
-
other
1 727
-
2 516
-
unemployment
345
-
504
-
health
484
-
704
-
accident
276
-
403
-
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.

5 872
-
8 554
-
total
8 704
-
12 681
-
Corporate
19 759
63 000
-
-
income
4 150
13 229
-
-
total
4 150
13 229
-
-
Dividends
15 609
49 771
-
-
withholding
1 092
3 484
-
-
total
1 092
3 484
-
-
Income
63 000
63 000
63 000
63 000
Total tax
23 138
16 713
26 074
28 887
After tax
39 862
46 287
36 926
34 113
Living cost
25 345
25 345
25 345
25 345
Free-cash
14 517
20 942
11 581
8 768

Estimated living cost  is ₽25345 per week

₽17908
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1711
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽408
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5318
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽22790
-₽16062
-₽16137
-₽38777
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
11 781
pensions
-
-
-
4 092
total
-
-
-
15 873
Employee
89 509
-
55 992
-
income
16 135
-
10 118
-
health
1 475
-
787
-
pensions
8 635
-
4 612
-
total
26 245
-
15 517
-
Employer
89 509
-
55 992
-
health
1 700
-
1 065
-
pensions
10 568
-
5 944
-
total
12 268
-
7 009
-
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.

-
11 971
-
-
total
-
11 971
-
-
Dividends
-
51 029
-
-
withholding
-
3 827
-
-
total
-
3 827
-
-
Income
63 000
63 000
63 000
63 000
Total tax
38 513
15 798
22 526
15 873
After tax
24 487
47 202
40 474
47 127
Living cost
63 264
63 264
63 264
63 264
Free-cash
-38 777
-16 062
-22 790
-16 137

Estimated living cost  is ₽63264 per week

₽47405
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7433
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.
₽7912
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽33759
₽41506
₽32399
₽37126
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
3 787
income
-
-
-
9 450
pensions

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

-
-
-
4 873
unemployment
-
-
-
132
total
-
-
-
18 242
Employee
16 365
-
56 540
-
income
1 636
-
5 654
-
accident

We are using the highest rate at 1.1%.

180
-
362
-
pensions

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

1 437
-
2 891
-
health
753
-
1 515
-
total
4 006
-
10 422
-
Employer
16 365
-
56 540
-
unemployment
98
-
198
-
health
1 130
-
2 272
-
accident

We are using the highest rate at 1.1%.

180
-
362
-
pensions

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

1 804
-
3 628
-
total
3 212
-
6 460
-
Corporate
43 424
63 000
-
-
income
4 343
6 300
-
-
total
4 343
6 300
-
-
Dividends
39 081
56 700
-
-
withholding
1 954
2 835
-
-
total
1 954
2 835
-
-
Income
63 000
63 000
63 000
63 000
Total tax
13 515
9 135
16 882
18 242
After tax
49 485
53 865
46 118
44 758
Living cost
12 359
12 359
12 359
12 359
Free-cash
37 126
41 506
33 759
32 399

Estimated living cost  is ₽12359 per week

₽7215
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽883
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽327
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3934
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽44353
-₽39014
-₽16805
-₽40628
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
9 565
income
-
-
-
6 350
pensions
-
-
-
11 145
total
-
-
-
27 060
Employee
88 188
81 228
81 228
-
income

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

13 296
13 296
13 296
-
pensions
11 145
11 145
14 621
-
health
11 002
10 605
12 468
-
total
35 443
35 046
40 385
-
Employer
88 188
81 228
81 228
-
unemployment
3 175
2 924
2 924
-
health
6 128
5 646
5 646
-
pensions
6 137
5 653
5 653
-
total
15 440
14 223
14 223
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
63 000
63 000
63 000
63 000
Total tax
50 883
49 269
54 608
27 060
After tax
12 117
13 731
8 392
35 940
Living cost
52 745
52 745
52 745
52 745
Free-cash
-40 628
-39 014
-44 353
-16 805

Estimated living cost  is ₽52745 per week

₽38908
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4711
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.
₽8522
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽8603
₽20008
₽7317
₽11671
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
18 396
health
-
-
-
8 505
income
-
-
-
5 415
solidarity contribution
-
-
-
-
total
-
-
-
32 316
Employee
34 363
-
47 015
-
social contributions
2 234
-
3 056
-
solidarity contribution
-
-
-
-
income
4 124
-
5 642
-
health
4 639
-
6 347
-
total
10 997
-
15 045
-
Employer
34 363
-
47 015
-
health
3 093
-
4 231
-
social contributions
8 591
-
11 754
-
total
11 684
-
15 985
-
Corporate
16 953
63 000
-
-
income
3 221
11 970
-
-
total
3 221
11 970
-
-
Dividends
13 732
51 030
-
-
withholding
2 060
7 655
-
-
total
2 060
7 655
-
-
Income
63 000
63 000
63 000
63 000
Total tax
27 962
19 625
31 030
32 316
After tax
35 038
43 375
31 970
30 684
Living cost
23 367
23 367
23 367
23 367
Free-cash
11 671
20 008
8 603
7 317

Estimated living cost  is ₽23367 per week

₽16231
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1662
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽460
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5014
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽9470
-₽6524
-₽5912
-₽21537
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
national
-
-
-
11 552
regional
-
-
-
645
municipal
-
-
-
374
total
-
-
-
28 775
Employee
84 536
-
63 000
-
social contributions
28 506
-
21 244
-
municipal
448
-
334
-
national
14 648
-
10 191
-
regional
798
-
564
-
total
44 400
-
32 333
-
Employer
84 536
-
63 000
-
total
-
-
-
-
Corporate
-
63 000
-
-
nationa
-
15 119
-
-
municipal
-
2 457
-
-
total
-
17 576
-
-
Dividends
-
45 424
-
-
withholding
-
11 811
-
-
total
-
11 811
-
-
Income
63 000
63 000
63 000
63 000
Total tax
44 400
29 387
32 333
28 775
After tax
18 600
33 613
30 667
34 225
Living cost
40 137
40 137
40 137
40 137
Free-cash
-21 537
-6 524
-9 470
-5 912

Estimated living cost  is ₽40137 per week

₽27979
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2632
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽616
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8910
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽12538
₽18638
₽13916
₽15677
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
-
health
-
-
-
4 473
income
-
-
-
10 007
pensions
-
-
-
12 599
surtax
-
-
-
798
unemployment
-
-
-
217
total
-
-
-
28 094
Employee
31 455
-
52 045
-
surtax
103
-
693
-
income
5 273
-
9 403
-
other
-
-
-
-
pensions
2 097
-
3 471
-
health
803
-
1 327
-
unemployment
2 190
-
3 623
-
total
10 466
-
18 517
-
Employer
31 455
-
52 045
-
other
-
-
-
-
unemployment
996
-
1 650
-
health
1 431
-
2 368
-
pensions
4 193
-
6 937
-
total
6 620
-
10 955
-
Corporate
24 924
63 000
-
-
income
6 480
16 379
-
-
total
6 480
16 379
-
-
Dividends
18 443
46 621
-
-
withholding
2 767
6 993
-
-
total
2 767
6 993
-
-
Income
63 000
63 000
63 000
63 000
Total tax
26 333
23 372
29 472
28 094
After tax
36 667
39 628
33 528
34 906
Living cost
20 990
20 990
20 990
20 990
Free-cash
15 677
18 638
12 538
13 916

Estimated living cost  is ₽20990 per week

₽12834
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1937
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽484
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5735
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽2746
₽3982
₽3907
-₽4621
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
11 781
pensions
-
-
-
4 092
total
-
-
-
15 873
Employee
59 987
-
55 992
-
income
10 804
-
10 118
-
health
871
-
787
-
pensions
5 092
-
4 612
-
total
16 767
-
15 517
-
Employer
59 987
-
55 992
-
health
1 140
-
1 065
-
pensions
6 494
-
5 944
-
total
7 634
-
7 009
-
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.

-
11 971
-
-
total
-
11 971
-
-
Dividends
-
51 029
-
-
withholding
-
3 827
-
-
total
-
3 827
-
-
Income
63 000
63 000
63 000
63 000
Total tax
24 401
15 798
22 526
15 873
After tax
38 599
47 202
40 474
47 127
Living cost
43 220
43 220
43 220
43 220
Free-cash
-4 621
3 982
-2 746
3 907

Estimated living cost  is ₽43220 per week

₽32380
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3240
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽452
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7148
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽26475
-₽47757
-₽23258
-₽35138
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
1 261
health
-
-
-
250
pensions
-
-
-
5 797
city
-
-
-
663
national
-
-
-
208
regional
-
-
-
1 514
total
-
-
-
9 693
Employee
89 601
-
56 387
-
national
424
-
173
-
city
962
-
606
-
pensions
7 528
-
4 737
-
health
203
-
128
-
regional
2 934
-
1 274
-
unemployment
-
-
-
-
total
12 051
-
6 918
-
Employer
89 601
-
56 387
-
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.

1 791
-
1 127
-
unemployment
-
-
-
-
health
203
-
128
-
pensions
7 528
-
4 737
-
total
9 522
-
5 992
-
Corporate
-
63 000
-
-
regional
-
13 325
-
-
national
-
5 355
-
-
total
-
18 680
-
-
Dividends
-
44 320
-
-
withholding
-
15 512
-
-
total
-
15 512
-
-
Income
63 000
63 000
63 000
63 000
Total tax
21 573
34 192
12 910
9 693
After tax
41 427
28 808
50 090
53 307
Living cost
76 565
76 565
76 565
76 565
Free-cash
-35 138
-47 757
-26 475
-23 258

Estimated living cost  is ₽76565 per week

₽49789
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6871
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽940
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18965
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽3948
-₽12278
₽728
₽3148
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 498
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.

-
-
-
8 511
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.

-
-
-
468
trade
-
-
-
3 220
total
-
-
-
18 697
Employee

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

57 165
-
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.

370
-
468
-
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.

6 722
-
8 511
-
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.

6 498
-
6 498
-
total
13 590
-
15 477
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
5 835
63 000
-
-
chamber of commerce
153
233
-
-
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.

49
520
-
-
trade
1 000
10 805
-
-
income
875
9 450
-
-
total
2 077
21 008
-
-
Dividends
3 757
41 993
-
-
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.

32
558
-
-
withholding
578
10 137
-
-
total
610
10 695
-
-
Income
63 000
63 000
63 000
63 000
Total tax
16 277
31 703
15 477
18 697
After tax
46 723
31 297
47 523
44 303
Living cost
43 575
43 575
43 575
43 575
Free-cash
3 148
-12 278
3 948
728

Estimated living cost  is ₽43575 per week

₽31825
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3486
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽567
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7699
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽5381
-₽793
₽5021
₽4827
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 953
social contributions
-
-
-
1 794
health
-
-
-
545
income
-
-
-
3 238
pensions
-
-
-
17 905
surtax
-
-
-
-
total
-
-
-
25 435
Employee
40 710
-
48 007
-
surtax
-
-
-
-
social contributions
1 161
-
1 368
-
income
2 403
-
3 285
-
pensions
4 603
-
5 430
-
total
8 167
-
10 083
-
Employer
40 710
-
48 007
-
other
1 404
-
1 657
-
unemployment
1 648
-
1 944
-
health
2 850
-
3 361
-
pensions
6 688
-
7 886
-
social contributions
123
-
144
-
total
12 713
-
14 992
-
Corporate
9 577
63 000
-
-
surtax
-
-
-
-
income
2 682
17 639
-
-
total
2 682
17 639
-
-
Dividends
6 895
45 361
-
-
social contributions
1 184
7 803
-
-
surtax
-
-
-
-
withholding
883
5 807
-
-
total
2 067
13 610
-
-
Income
63 000
63 000
63 000
63 000
Total tax
25 629
31 249
25 075
25 435
After tax
37 371
31 751
37 925
37 565
Living cost
32 544
32 544
32 544
32 544
Free-cash
4 827
-793
5 381
5 021

Estimated living cost  is ₽32544 per week

₽20520
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2646
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽554
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8825
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽8606
₽2432
₽8246
₽7717
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 953
social contributions
-
-
-
1 794
health
-
-
-
545
income
-
-
-
3 238
pensions
-
-
-
17 905
surtax
-
-
-
-
total
-
-
-
25 435
Employee
36 339
-
48 007
-
surtax
-
-
-
-
social contributions
1 036
-
1 368
-
income
1 874
-
3 285
-
pensions
4 110
-
5 430
-
total
7 020
-
10 083
-
Employer
36 339
-
48 007
-
other
1 255
-
1 657
-
unemployment
1 471
-
1 944
-
health
2 543
-
3 361
-
pensions
5 971
-
7 886
-
social contributions
108
-
144
-
total
11 348
-
14 992
-
Corporate
15 312
63 000
-
-
surtax
-
-
-
-
income
4 287
17 639
-
-
total
4 287
17 639
-
-
Dividends
11 025
45 361
-
-
social contributions
1 897
7 803
-
-
surtax
-
-
-
-
withholding
1 412
5 807
-
-
total
3 309
13 610
-
-
Income
63 000
63 000
63 000
63 000
Total tax
25 964
31 249
25 075
25 435
After tax
37 036
31 751
37 925
37 565
Living cost
29 319
29 319
29 319
29 319
Free-cash
7 717
2 432
8 606
8 246

Estimated living cost  is ₽29319 per week

₽17004
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2978
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽556
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8782
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽17289
₽18265
₽20290
₽18759
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 693
health
-
-
-
4 397
income
-
-
-
9 450
total
-
-
-
22 540
Employee
32 251
-
63 000
-
social contributions
4 451
-
8 693
-
income
5 379
-
12 451
-
health
2 251
-
4 397
-
total
12 081
-
25 541
-
Employer
32 251
-
63 000
-
total
-
-
-
-
Corporate
30 749
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%.

1 538
3 150
-
-
total
1 538
3 150
-
-
Dividends
29 211
59 850
-
-
social contributions
4 031
8 260
-
-
withholding
4 381
8 978
-
-
health
2 040
4 177
-
-
total
10 452
21 415
-
-
Income
63 000
63 000
63 000
63 000
Total tax
24 071
24 565
25 541
22 540
After tax
38 929
38 435
37 459
40 460
Living cost
20 170
20 170
20 170
20 170
Free-cash
18 759
18 265
17 289
20 290

Estimated living cost  is ₽20170 per week

₽13498
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1244
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.
₽4962
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽10633
₽2341
₽705
₽503
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
4 820
income
-
-
-
6 029
chamber of commerce
-
-
-
253
pensions
-
-
-
11 655
surtax
-
-
-
188
unemployment
-
-
-
5 834
total
-
-
-
28 779
Employee
47 536
37 906
48 774
-
income
5 412
2 796
5 765
-
other
475
379
487
-
pensions
4 868
3 881
4 995
-
health
1 839
1 468
1 888
-
unemployment
1 426
1 137
1 464
-
total
14 020
9 661
14 599
-
Employer
47 536
37 906
48 774
-
other
2 258
1 800
2 318
-
unemployment
1 426
1 137
1 464
-
health
1 796
1 433
1 843
-
surtax
188
188
188
-
accident
617
493
634
-
pensions
5 966
4 758
6 121
-
payroll
1 426
1 137
1 464
-
chamber of commerce
190
152
195
-
total
13 867
11 098
14 227
-
Corporate
3 610
13 996
45 164
-
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.

903
3 498
11 291
-
total
903
3 498
11 291
-
Dividends
694
10 498
-
-
withholding
191
2 886
-
-
total
191
2 886
-
-
Income
63 000
63 000
63 000
63 000
Total tax
28 981
27 143
40 117
28 779
After tax
34 019
35 857
22 883
34 221
Living cost
33 516
33 516
33 516
33 516
Free-cash
503
2 341
-10 633
705

Estimated living cost  is ₽33516 per week

₽22354
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2859
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽551
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7753
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽8197
₽767
-₽2078
-₽24846
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 094
communal

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

-
-
-
3 294
national
-
-
-
19 008
total
-
-
-
30 396
Employee

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

68 040
-
48 796
-
national
20 918
-
13 389
-
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.

5 103
-
3 659
-
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.

3 197
-
2 294
-
communal

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

3 549
-
2 545
-
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.

592
-
424
-
total
33 359
-
22 311
-
Employer

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

68 040
-
48 796
-
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.

993
-
713
-
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.

4 184
-
3 000
-
surtax
7 715
-
5 534
-
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.

884
-
634
-
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.

6 029
-
4 323
-
total
19 805
-
14 204
-
Corporate
-
63 000
-
-
surtax
-
253
-
-
income
-
12 599
-
-
total
-
12 852
-
-
Dividends
-
50 148
-
-
withholding

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

-
14 699
-
-
total
-
14 699
-
-
Income
63 000
63 000
63 000
63 000
Total tax
53 164
27 551
36 515
30 396
After tax
9 836
35 449
26 485
32 604
Living cost
34 682
34 682
34 682
34 682
Free-cash
-24 846
767
-8 197
-2 078

Estimated living cost  is ₽34682 per week

₽22340
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3033
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽543
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8767
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽276
₽8169
-₽171
₽383
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
63
accident
-
-
-
567
income
-
-
-
9 920
pensions
-
-
-
17 829
unemployment
-
-
-
440
total
-
-
-
28 819
Employee
47 348
-
47 769
-
income
9 990
-
10 109
-
other
47
-
47
-
pensions
2 226
-
2 246
-
unemployment
735
-
740
-
total
12 998
-
13 142
-
Employer
47 348
-
47 769
-
other
377
-
383
-
unemployment
2 605
-
2 628
-
accident
937
-
946
-
pensions
11 173
-
11 273
-
total
15 092
-
15 230
-
Corporate
560
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.

85
9 450
-
-
total
85
9 450
-
-
Dividends
475
53 550
-
-
withholding
90
11 029
-
-
total
90
11 029
-
-
Income
63 000
63 000
63 000
63 000
Total tax
28 265
20 479
28 372
28 819
After tax
34 735
42 521
34 628
34 181
Living cost
34 352
34 352
34 352
34 352
Free-cash
383
8 169
276
-171

Estimated living cost  is ₽34352 per week

₽25296
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2437
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽495
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6123
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽9550
-₽12379
-₽10749
-₽17640
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
4 726
accident
-
-
-
567
income
-
-
-
3 350
pensions
-
-
-
10 080
communal
-
-
-
-
surtax
-
-
-
3 334
total
-
-
-
22 057
Employee
72 033
-
56 274
-
surtax
4 415
-
3 449
-
income
6 958
-
3 677
-
pensions
5 762
-
4 502
-
health
3 206
-
2 504
-
total
20 341
-
14 132
-
Employer
72 033
-
56 274
-
health
2 197
-
1 717
-
accident
648
-
507
-
pensions
5 762
-
4 502
-
total
8 607
-
6 726
-
Corporate
-
63 000
-
-
surtax
-
661
-
-
income
-
9 450
-
-
communal
-
4 253
-
-
total
-
14 364
-
-
Dividends
-
48 637
-
-
income
-
2 027
-
-
withholding
-
7 296
-
-
total
-
9 323
-
-
Income
63 000
63 000
63 000
63 000
Total tax
28 948
23 687
20 858
22 057
After tax
34 052
39 313
42 142
40 943
Living cost
51 692
51 692
51 692
51 692
Free-cash
-17 640
-12 379
-9 550
-10 749

Estimated living cost  is ₽51692 per week

₽38777
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3132
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽547
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9235
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽12163
₽18263
₽13541
₽15235
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
-
health
-
-
-
4 473
income
-
-
-
10 007
pensions
-
-
-
12 599
surtax
-
-
-
798
unemployment
-
-
-
217
total
-
-
-
28 094
Employee
32 033
-
52 045
-
surtax
114
-
693
-
income
5 370
-
9 403
-
other
-
-
-
-
pensions
2 137
-
3 471
-
health
818
-
1 327
-
unemployment
2 229
-
3 623
-
total
10 668
-
18 517
-
Employer
32 033
-
52 045
-
other
-
-
-
-
unemployment
1 016
-
1 650
-
health
1 457
-
2 368
-
pensions
4 271
-
6 937
-
total
6 744
-
10 955
-
Corporate
24 223
63 000
-
-
income
6 298
16 379
-
-
total
6 298
16 379
-
-
Dividends
17 925
46 621
-
-
withholding
2 690
6 993
-
-
total
2 690
6 993
-
-
Income
63 000
63 000
63 000
63 000
Total tax
26 400
23 372
29 472
28 094
After tax
36 600
39 628
33 528
34 906
Living cost
21 365
21 365
21 365
21 365
Free-cash
15 235
18 263
12 163
13 541

Estimated living cost  is ₽21365 per week

₽12899
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1857
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽496
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6114
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽4761
₽7491
₽8297
₽5379
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
national
-
-
-
11 552
regional
-
-
-
950
municipal
-
-
-
374
total
-
-
-
29 080
Employee
52 764
-
63 000
-
social contributions
17 793
-
21 244
-
municipal
280
-
334
-
national
8 359
-
10 191
-
regional
710
-
847
-
total
27 142
-
32 616
-
Employer
52 764
-
63 000
-
total
-
-
-
-
Corporate
10 236
63 000
-
-
nationa
2 457
15 119
-
-
municipal
509
3 132
-
-
total
2 966
18 251
-
-
Dividends
7 270
44 749
-
-
withholding
1 890
11 635
-
-
total
1 890
11 635
-
-
Income
63 000
63 000
63 000
63 000
Total tax
31 998
29 886
32 616
29 080
After tax
31 002
33 114
30 384
33 920
Living cost
25 623
25 623
25 623
25 623
Free-cash
5 379
7 491
4 761
8 297

Estimated living cost  is ₽25623 per week

₽15935
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2596
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽439
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6653
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽3176
₽14581
₽1890
₽4310
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
18 396
health
-
-
-
8 505
income
-
-
-
5 415
solidarity contribution
-
-
-
-
total
-
-
-
32 316
Employee
42 345
-
47 015
-
social contributions
2 752
-
3 056
-
solidarity contribution
-
-
-
-
income
5 081
-
5 642
-
health
5 717
-
6 347
-
total
13 550
-
15 045
-
Employer
42 345
-
47 015
-
health
3 811
-
4 231
-
social contributions
10 586
-
11 754
-
total
14 397
-
15 985
-
Corporate
6 258
63 000
-
-
income
1 189
11 970
-
-
total
1 189
11 970
-
-
Dividends
5 069
51 030
-
-
withholding
760
7 655
-
-
total
760
7 655
-
-
Income
63 000
63 000
63 000
63 000
Total tax
29 896
19 625
31 030
32 316
After tax
33 104
43 375
31 970
30 684
Living cost
28 794
28 794
28 794
28 794
Free-cash
4 310
14 581
3 176
1 890

Estimated living cost  is ₽28794 per week

₽21413
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1595
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.
₽5288
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽7421
₽5611
₽4062
₽5144
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
4 820
income
-
-
-
6 029
chamber of commerce
-
-
-
253
pensions
-
-
-
11 655
surtax
-
-
-
-
unemployment
-
-
-
5 834
total
-
-
-
28 591
Employee
41 579
37 906
48 920
-
income
3 704
2 796
5 809
-
other
415
379
489
-
pensions
4 258
3 881
5 009
-
health
1 608
1 468
1 894
-
unemployment
1 247
1 137
1 468
-
total
11 232
9 661
14 669
-
Employer
41 579
37 906
48 920
-
other
1 975
1 800
2 323
-
unemployment
1 247
1 137
1 468
-
health
1 572
1 433
1 848
-
surtax
-
-
-
-
accident
540
493
635
-
pensions
5 218
4 758
6 139
-
payroll
1 247
1 137
1 468
-
chamber of commerce
166
152
195
-
total
11 965
10 910
14 076
-
Corporate
9 455
14 184
45 314
-
income

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

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

2 363
3 545
11 329
-
total
2 363
3 545
11 329
-
Dividends
7 092
10 638
-
-
withholding
1 949
2 926
-
-
total
1 949
2 926
-
-
Income
63 000
63 000
63 000
63 000
Total tax
27 509
27 042
40 074
28 591
After tax
35 491
35 958
22 926
34 409
Living cost
30 347
30 347
30 347
30 347
Free-cash
5 144
5 611
-7 421
4 062

Estimated living cost  is ₽30347 per week

₽18204
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3099
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽542
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8502
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38033
₽47483
₽50003
₽45164
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
15 459
-
63 000
-
income
3 092
-
12 600
-
total
3 092
-
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%.

47 541
63 000
-
-
total
-
-
-
-
Dividends
47 541
63 000
-
-
withholding
2 377
3 150
-
-
total
2 377
3 150
-
-
Income
63 000
63 000
63 000
63 000
Total tax
5 469
3 150
12 600
630
After tax
57 531
59 850
50 400
62 370
Living cost
12 367
12 367
12 367
12 367
Free-cash
45 164
47 483
38 033
50 003

Estimated living cost  is ₽12367 per week

₽8369
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽519
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽415
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3064
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽6684
₽17863
₽8490
₽9906
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
6 199
income
-
-
-
11 198
pensions
-
-
-
11 506
unemployment
-
-
-
94
total
-
-
-
28 997
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.

42 062
-
54 513
-
income
7 254
-
10 268
-
pensions
6 520
-
8 450
-
health
2 717
-
3 522
-
unemployment
60
-
76
-
total
16 551
-
22 316
-
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.

42 062
-
54 513
-
unemployment
25
-
32
-
health
2 801
-
3 630
-
pensions
3 722
-
4 825
-
total
6 548
-
8 487
-
Corporate
14 389
63 000
-
-
income
2 735
11 969
-
-
total
2 735
11 969
-
-
Dividends
11 654
51 031
-
-
withholding
1 747
7 655
-
-
total
1 747
7 655
-
-
Income
63 000
63 000
63 000
63 000
Total tax
27 581
19 624
30 803
28 997
After tax
35 419
43 376
32 197
34 003
Living cost
25 513
25 513
25 513
25 513
Free-cash
9 906
17 863
6 684
8 490

Estimated living cost  is ₽25513 per week

₽17509
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1635
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽495
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5876
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Ljubljana model

Close
Oslo , Norway
₽6772
-₽4761
₽448
-₽85902
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
7 182
income
-
-
-
12 280
total
-
-
-
19 462
Employee
61 785
-
-
-
social contributions
5 066
-
722
-
income
13 629
-
-
-
total
18 695
-
722
-
Employer
61 785
-
-
-
social contributions
87 117
-
12 416
-
total
87 117
-
12 416
-
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
105 812
24 671
13 138
19 462
After tax
-42 812
38 329
49 862
43 538
Living cost
43 090
43 090
43 090
43 090
Free-cash
-85 902
-4 761
6 772
448

Estimated living cost  is ₽43090 per week

₽27959
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4053
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽549
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10530
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽4140
₽6000
₽6196
₽5041
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions

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

-
-
-
21 892
income
-
-
-
5 076
surtax
-
-
-
-
total
-
-
-
26 968
Employee
43 748
-
50 910
-
surtax
-
-
-
-
social contributions
4 812
-
5 599
-
income
9 100
-
11 335
-
total
13 912
-
16 934
-
Employer
43 748
-
50 910
-
social contributions
10 390
-
12 090
-
total
10 390
-
12 090
-
Corporate
8 862
63 000
-
-
surtax
-
-
-
-
income
1 861
13 229
-
-
total
1 861
13 229
-
-
Dividends
7 001
49 771
-
-
withholding
1 960
13 935
-
-
total
1 960
13 935
-
-
Income
63 000
63 000
63 000
63 000
Total tax
28 123
27 164
29 024
26 968
After tax
34 877
35 836
33 976
36 032
Living cost
29 836
29 836
29 836
29 836
Free-cash
5 041
6 000
4 140
6 196

Estimated living cost  is ₽29836 per week

₽22323
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1760
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.
₽5255
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽8016
-₽14190
-₽8376
-₽15181
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 953
social contributions
-
-
-
1 794
health
-
-
-
545
income
-
-
-
3 238
pensions
-
-
-
17 905
surtax
-
-
-
-
total
-
-
-
25 435
Employee
59 575
-
48 007
-
surtax
-
-
-
-
social contributions
1 697
-
1 368
-
income
5 198
-
3 285
-
pensions
6 738
-
5 430
-
total
13 633
-
10 083
-
Employer
59 575
-
48 007
-
other
2 056
-
1 657
-
unemployment
2 413
-
1 944
-
health
4 170
-
3 361
-
pensions
9 789
-
7 886
-
social contributions
179
-
144
-
total
18 607
-
14 992
-
Corporate
-
63 000
-
-
surtax
-
-
-
-
income
-
17 639
-
-
total
-
17 639
-
-
Dividends
-
45 361
-
-
social contributions
-
7 803
-
-
surtax
-
-
-
-
withholding
-
5 807
-
-
total
-
13 610
-
-
Income
63 000
63 000
63 000
63 000
Total tax
32 240
31 249
25 075
25 435
After tax
30 760
31 751
37 925
37 565
Living cost
45 941
45 941
45 941
45 941
Free-cash
-15 181
-14 190
-8 016
-8 376

Estimated living cost  is ₽45941 per week

₽31092
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3758
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽630
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10460
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽22021
₽28107
₽20257
₽24913
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
291
social contributions
-
-
-
13 859
total
-
-
-
14 150
Employee
30 580
-
54 545
-
income
-
-
384
-
social contributions
1 987
-
3 547
-
total
1 987
-
3 931
-
Employer
30 580
-
54 545
-
social contributions
4 740
-
8 455
-
total
4 740
-
8 455
-
Corporate
27 680
63 000
-
-
income
2 767
6 300
-
-
total
2 767
6 300
-
-
Dividends
24 913
56 700
-
-
total
-
-
-
-
Income
63 000
63 000
63 000
63 000
Total tax
9 494
6 300
12 386
14 150
After tax
53 506
56 700
50 614
48 850
Living cost
28 593
28 593
28 593
28 593
Free-cash
24 913
28 107
22 021
20 257

Estimated living cost  is ₽28593 per week

₽18488
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2155
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽538
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7412
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽143267
-₽143267
-₽5256
-₽143267
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
4 974
pensions
-
-
-
821
national
-
-
-
6 199
municipal
-
-
-
10 668
total
-
-
-
22 662
Employee
192 440
192 440
192 440
-
labour market
15 373
15 373
15 373
-
municipal
40 979
40 979
40 979
-
national
23 510
23 510
23 510
-
pensions
274
274
274
-
total
80 136
80 136
80 136
-
Employer
192 440
192 440
192 440
-
national
23 551
23 551
23 551
-
labour market
15 395
15 395
15 395
-
pensions
547
547
547
-
municipal
41 044
41 044
41 044
-
total
80 537
80 537
80 537
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
63 000
63 000
63 000
63 000
Total tax
160 673
160 673
160 673
22 662
After tax
-97 673
-97 673
-97 673
40 338
Living cost
45 594
45 594
45 594
45 594
Free-cash
-143 267
-143 267
-143 267
-5 256

Estimated living cost  is ₽45594 per week

₽31205
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4033
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽701
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9654
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽11968
-₽15553
₽22789
₽1935
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
353
health
-
-
-
2 078
accident
-
-
-
241
income
-
-
-
12 918
pensions
-
-
-
3 965
total
-
-
-
19 555
Employee
32 494
-
52 334
-
income
4 458
-
7 825
-
pensions
3 659
-
5 893
-
health
3 721
-
5 992
-
total
11 838
-
19 710
-
Employer
32 494
-
52 334
-
unemployment
796
-
1 282
-
accident
543
-
874
-
pensions
5 283
-
8 510
-
total
6 622
-
10 666
-
Corporate
23 884
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.

21 495
56 700
-
-
total
21 495
56 700
-
-
Dividends
2 388
6 300
-
-
withholding
454
1 197
-
-
total
454
1 197
-
-
Income
63 000
63 000
63 000
63 000
Total tax
40 409
57 897
30 376
19 555
After tax
22 591
5 103
32 624
43 445
Living cost
20 656
20 656
20 656
20 656
Free-cash
1 935
-15 553
11 968
22 789

Estimated living cost  is ₽20656 per week

₽15036
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1178
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽388
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4055
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽1964
₽6718
₽11168
₽2432
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
574
national
-
-
-
3 502
municipal
-
-
-
11 237
total
-
-
-
15 313
Employee
50 044
-
53 000
-
municipal
8 197
-
8 677
-
national
827
-
1 049
-
pensions
3 377
-
3 578
-
health
374
-
419
-
unemployment
751
-
794
-
total
13 526
-
14 517
-
Employer
50 044
-
53 000
-
unemployment
325
-
345
-
health
384
-
408
-
accident
51
-
52
-
pensions
8 682
-
9 195
-
total
9 442
-
10 000
-
Corporate
3 513
63 000
-
-
income
702
12 599
-
-
total
702
12 599
-
-
Dividends

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

2 108
37 800
-
-
national
-
361
-
-
municipal
379
6 803
-
-
total
379
7 164
-
-
Income
63 000
63 000
63 000
63 000
Total tax
24 049
19 763
24 517
15 313
After tax
38 951
43 237
38 483
47 687
Living cost
36 519
36 519
36 519
36 519
Free-cash
2 432
6 718
1 964
11 168

Estimated living cost  is ₽36519 per week

₽23854
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3513
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽581
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8572
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽22205
₽19468
₽26216
₽19101
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
9 829
health
-
-
-
1 607
income
-
-
-
3 325
total
-
-
-
14 761
Employee
73 142
73 142
73 142
-
social contributions
2 765
6 070
4 747
-
income
7 964
6 771
7 247
-
health
567
1 244
973
-
total
11 296
14 085
12 967
-
Employer
73 142
73 142
73 142
-
health
616
1 354
1 058
-
social contributions
2 765
6 070
4 747
-
total
3 381
7 424
5 805
-
Corporate
26 300
-
-
-
income
3 287
-
-
-
total
3 287
-
-
-
Dividends
23 013
-
-
-
withholding
3 912
-
-
-
total
3 912
-
-
-
Income
63 000
63 000
63 000
63 000
Total tax
21 876
21 509
18 772
14 761
After tax
41 124
41 491
44 228
48 239
Living cost
22 023
22 023
22 023
22 023
Free-cash
19 101
19 468
22 205
26 216

Estimated living cost  is ₽22023 per week

₽13199
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2161
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽487
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6177
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽23868
₽37069
₽32831
₽32228
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
3 442
income
-
-
-
5 547
pensions
-
-
-
6 051
unemployment
-
-
-
27
total
-
-
-
15 067
Employee

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

21 833
-
57 117
-
income
1 493
-
4 439
-
pensions
3 274
-
8 567
-
health
1 856
-
4 856
-
unemployment
108
-
285
-
total
6 731
-
18 147
-
Employer

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

21 833
-
57 117
-
unemployment
108
-
285
-
health
939
-
2 457
-
pensions
1 200
-
3 141
-
total
2 247
-
5 883
-
Corporate
38 919
63 000
-
-
income
3 504
5 670
-
-
total
3 504
5 670
-
-
Dividends
35 416
57 330
-
-
withholding
3 188
5 159
-
-
total
3 188
5 159
-
-
Income
63 000
63 000
63 000
63 000
Total tax
15 670
10 829
24 030
15 067
After tax
47 330
52 171
38 970
47 933
Living cost
15 102
15 102
15 102
15 102
Free-cash
32 228
37 069
23 868
32 831

Estimated living cost  is ₽15102 per week

₽9635
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1088
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽449
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3928
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽8471
₽16364
₽8024
₽11374
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
63
accident
-
-
-
567
income
-
-
-
9 920
pensions
-
-
-
17 829
unemployment
-
-
-
440
total
-
-
-
28 819
Employee
35 171
-
47 769
-
income
6 781
-
10 109
-
other
34
-
47
-
pensions
1 653
-
2 246
-
unemployment
545
-
740
-
total
9 013
-
13 142
-
Employer
35 171
-
47 769
-
other
282
-
383
-
unemployment
1 935
-
2 628
-
accident
697
-
946
-
pensions
8 300
-
11 273
-
total
11 214
-
15 230
-
Corporate
16 616
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.

2 493
9 450
-
-
total
2 493
9 450
-
-
Dividends
14 123
53 550
-
-
withholding
2 749
11 029
-
-
total
2 749
11 029
-
-
Income
63 000
63 000
63 000
63 000
Total tax
25 469
20 479
28 372
28 819
After tax
37 531
42 521
34 628
34 181
Living cost
26 157
26 157
26 157
26 157
Free-cash
11 374
16 364
8 471
8 024

Estimated living cost  is ₽26157 per week

₽17655
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2514
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽458
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5529
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38029
₽37550
₽38153
₽37260
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
932
income
-
-
-
20 868
pensions
-
-
-
1 285
total
-
-
-
23 085
Employee
2 683
-
61 554
-
income
519
-
20 800
-
pensions
242
-
578
-
health
134
-
321
-
unemployment
27
-
64
-
total
922
-
21 763
-
Employer
2 683
-
61 554
-
unemployment
54
-
129
-
health
255
-
610
-
pensions
295
-
707
-
total
604
-
1 446
-
Corporate
59 713
63 000
-
-
income
13 137
13 860
-
-
total
13 137
13 860
-
-
Dividends
46 576
49 140
-
-
withholding
9 315
9 828
-
-
total
9 315
9 828
-
-
Income
63 000
63 000
63 000
63 000
Total tax
23 978
23 688
23 209
23 085
After tax
39 022
39 312
39 791
39 915
Living cost
1 762
1 762
1 762
1 762
Free-cash
37 260
37 550
38 029
38 153

Estimated living cost  is ₽1762 per week

₽1047
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽143
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽40
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽532
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽17157
₽29100
₽14517
₽24427
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
6 489
income
-
-
-
8 251
pensions
-
-
-
16 380
unemployment
-
-
-
945
total
-
-
-
32 065
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.

24 757
-
53 435
-
income
3 413
-
9 226
-
pensions
3 466
-
7 481
-
health
1 275
-
2 752
-
unemployment
186
-
401
-
total
8 340
-
19 860
-
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.

24 757
-
53 435
-
unemployment
186
-
401
-
health
1 275
-
2 752
-
pensions
2 971
-
6 412
-
total
4 432
-
9 565
-
Corporate
33 811
63 000
-
-
income
5 072
9 450
-
-
total
5 072
9 450
-
-
Dividends
28 739
53 550
-
-
withholding
4 311
8 032
-
-
total
4 311
8 032
-
-
Income
63 000
63 000
63 000
63 000
Total tax
22 155
17 482
29 425
32 065
After tax
40 845
45 518
33 575
30 935
Living cost
16 418
16 418
16 418
16 418
Free-cash
24 427
29 100
17 157
14 517

Estimated living cost  is ₽16418 per week

₽11054
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1270
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.
₽3619
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽8332
₽10192
₽10388
₽9849
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions

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

-
-
-
21 892
income
-
-
-
5 076
surtax
-
-
-
-
total
-
-
-
26 968
Employee
36 918
-
50 910
-
surtax
-
-
-
-
social contributions
4 061
-
5 599
-
income
7 214
-
11 335
-
total
11 275
-
16 934
-
Employer
36 918
-
50 910
-
social contributions
8 767
-
12 090
-
total
8 767
-
12 090
-
Corporate
17 315
63 000
-
-
surtax
-
-
-
-
income
3 635
13 229
-
-
total
3 635
13 229
-
-
Dividends
13 679
49 771
-
-
withholding
3 830
13 935
-
-
total
3 830
13 935
-
-
Income
63 000
63 000
63 000
63 000
Total tax
27 507
27 164
29 024
26 968
After tax
35 493
35 836
33 976
36 032
Living cost
25 644
25 644
25 644
25 644
Free-cash
9 849
10 192
8 332
10 388

Estimated living cost  is ₽25644 per week

₽18163
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1782
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽455
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5246
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽1199
₽9092
₽752
₽1662
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
63
accident
-
-
-
567
income
-
-
-
9 920
pensions
-
-
-
17 829
unemployment
-
-
-
440
total
-
-
-
28 819
Employee
45 938
-
47 769
-
income
9 595
-
10 109
-
other
45
-
47
-
pensions
2 159
-
2 246
-
unemployment
711
-
740
-
total
12 510
-
13 142
-
Employer
45 938
-
47 769
-
other
368
-
383
-
unemployment
2 527
-
2 628
-
accident
910
-
946
-
pensions
10 841
-
11 273
-
total
14 646
-
15 230
-
Corporate
2 415
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.

363
9 450
-
-
total
363
9 450
-
-
Dividends
2 052
53 550
-
-
withholding
390
11 029
-
-
total
390
11 029
-
-
Income
63 000
63 000
63 000
63 000
Total tax
27 909
20 479
28 372
28 819
After tax
35 091
42 521
34 628
34 181
Living cost
33 429
33 429
33 429
33 429
Free-cash
1 662
9 092
1 199
752

Estimated living cost  is ₽33429 per week

₽24007
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2599
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽471
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6352
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽29902
₽37649
₽28542
₽31903
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
3 787
income
-
-
-
9 450
pensions

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

-
-
-
4 873
unemployment
-
-
-
132
total
-
-
-
18 242
Employee
21 472
-
56 540
-
income
2 148
-
5 654
-
accident

We are using the highest rate at 1.1%.

236
-
362
-
pensions

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

1 885
-
2 891
-
health
988
-
1 515
-
total
5 257
-
10 422
-
Employer
21 472
-
56 540
-
unemployment
129
-
198
-
health
1 482
-
2 272
-
accident

We are using the highest rate at 1.1%.

236
-
362
-
pensions

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

2 366
-
3 628
-
total
4 213
-
6 460
-
Corporate
37 315
63 000
-
-
income
3 732
6 300
-
-
total
3 732
6 300
-
-
Dividends
33 584
56 700
-
-
withholding
1 679
2 835
-
-
total
1 679
2 835
-
-
Income
63 000
63 000
63 000
63 000
Total tax
14 881
9 135
16 882
18 242
After tax
48 119
53 865
46 118
44 758
Living cost
16 216
16 216
16 216
16 216
Free-cash
31 903
37 649
29 902
28 542

Estimated living cost  is ₽16216 per week

₽10725
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽928
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽387
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4176
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽10800
-₽4128
₽8105
₽8315
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 498
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.

-
-
-
8 511
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.

-
-
-
468
trade
-
-
-
2 695
total
-
-
-
18 172
Employee

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

47 328
-
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.

215
-
468
-
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.

3 892
-
8 511
-
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.

6 498
-
6 498
-
total
10 605
-
15 477
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
15 672
63 000
-
-
chamber of commerce
168
236
-
-
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.

130
520
-
-
trade
2 249
9 040
-
-
income
2 350
9 450
-
-
total
4 897
19 246
-
-
Dividends
10 775
43 754
-
-
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.

128
581
-
-
withholding
2 332
10 578
-
-
total
2 460
11 159
-
-
Income
63 000
63 000
63 000
63 000
Total tax
17 962
30 405
15 477
18 172
After tax
45 038
32 595
47 523
44 828
Living cost
36 723
36 723
36 723
36 723
Free-cash
8 315
-4 128
10 800
8 105

Estimated living cost  is ₽36723 per week

₽25332
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3951
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽532
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6906
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽5732
-₽10085
-₽5732
-₽11405
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
9 621
social contributions
-
-
-
4 927
total
-
-
-
14 548
Employee
74 405
-
63 000
-
income
14 040
-
9 621
-
social contributions
6 181
-
4 927
-
total
20 221
-
14 548
-
Employer
74 405
-
63 000
-
total
-
-
-
-
Corporate
-
63 000
-
-
income
-
7 876
-
-
total
-
7 876
-
-
Dividends
-
55 124
-
-
withholding
-
11 025
-
-
total
-
11 025
-
-
Income
63 000
63 000
63 000
63 000
Total tax
20 221
18 901
14 548
14 548
After tax
42 779
44 099
48 452
48 452
Living cost
54 184
54 184
54 184
54 184
Free-cash
-11 405
-10 085
-5 732
-5 732

Estimated living cost  is ₽54184 per week

₽41222
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4415
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽518
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8029
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽11241
₽1395
-₽4486
₽6906
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We use The Residence Programme or The Global Residence Programme.

-
-
-
63 000
income
-
-
-
27 076
health

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

-
-
-
5 881
total
-
-
-
32 957
Employee
43 635
-
58 625
-
income
4 735
-
8 480
-
social contributions
4 372
-
4 375
-
total
9 107
-
12 855
-
Employer
43 635
-
58 625
-
social contributions
4 372
-
4 375
-
total
4 372
-
4 375
-
Corporate
14 993
63 000
-
-
income
5 247
22 051
-
-
total
5 247
22 051
-
-
Dividends
9 746
40 949
-
-
social contributions
2 839
5 025
-
-
total
2 839
5 025
-
-
Income
63 000
63 000
63 000
63 000
Total tax
21 565
27 076
17 230
32 957
After tax
41 435
35 924
45 770
30 043
Living cost
34 529
34 529
34 529
34 529
Free-cash
6 906
1 395
11 241
-4 486

Estimated living cost  is ₽34529 per week

₽22744
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2722
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽529
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8533
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽5337
₽12065
₽11990
₽6728
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
11 781
pensions
-
-
-
4 092
total
-
-
-
15 873
Employee
48 230
-
55 992
-
income
8 783
-
10 118
-
health
629
-
787
-
pensions
3 681
-
4 612
-
total
13 093
-
15 517
-
Employer
48 230
-
55 992
-
health
917
-
1 065
-
pensions
4 873
-
5 944
-
total
5 790
-
7 009
-
Corporate
8 980
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.

1 706
11 971
-
-
total
1 706
11 971
-
-
Dividends
7 274
51 029
-
-
withholding
546
3 827
-
-
total
546
3 827
-
-
Income
63 000
63 000
63 000
63 000
Total tax
21 135
15 798
22 526
15 873
After tax
41 865
47 202
40 474
47 127
Living cost
35 137
35 137
35 137
35 137
Free-cash
6 728
12 065
5 337
11 990

Estimated living cost  is ₽35137 per week

₽24104
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3231
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽440
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7360
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽9922
-₽17599
₽20743
₽1621
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
353
health
-
-
-
2 078
accident
-
-
-
241
income
-
-
-
12 918
pensions
-
-
-
3 965
total
-
-
-
19 555
Employee
35 710
-
52 334
-
income
4 899
-
7 825
-
pensions
4 021
-
5 893
-
health
4 089
-
5 992
-
total
13 009
-
19 710
-
Employer
35 710
-
52 334
-
unemployment
875
-
1 282
-
accident
596
-
874
-
pensions
5 806
-
8 510
-
total
7 277
-
10 666
-
Corporate
20 012
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.

18 011
56 700
-
-
total
18 011
56 700
-
-
Dividends
2 001
6 300
-
-
withholding
380
1 197
-
-
total
380
1 197
-
-
Income
63 000
63 000
63 000
63 000
Total tax
38 677
57 897
30 376
19 555
After tax
24 323
5 103
32 624
43 445
Living cost
22 702
22 702
22 702
22 702
Free-cash
1 621
-17 599
9 922
20 743

Estimated living cost  is ₽22702 per week

₽16660
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1323
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽457
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4261
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽24037
₽40722
₽24037
₽36105
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 810
health insurance
-
-
-
4 662
work injury
-
-
-
315
pensions
-
-
-
11 592
unemployment
-
-
-
756
total
-
-
-
26 135
Employee

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

20 524
-
63 000
-
income
2 052
-
8 810
-
work injury
103
-
315
-
health insurance
1 519
-
4 662
-
pensions
3 776
-
11 592
-
unemployment
246
-
756
-
total
7 696
-
26 135
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
42 476
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
42 476
63 000
-
-
withholding
6 371
9 450
-
-
total
6 371
9 450
-
-
Income
63 000
63 000
63 000
63 000
Total tax
14 067
9 450
26 135
26 135
After tax
48 933
53 550
36 865
36 865
Living cost
12 828
12 828
12 828
12 828
Free-cash
36 105
40 722
24 037
24 037

Estimated living cost  is ₽12828 per week

₽7947
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽932
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽400
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3548
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽7572
-₽4707
-₽4076
-₽17153
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
national
-
-
-
11 552
regional
-
-
-
1 006
municipal
-
-
-
421
total
-
-
-
29 183
Employee
80 154
-
63 000
-
social contributions
27 027
-
21 244
-
municipal
478
-
375
-
national
13 545
-
10 191
-
regional
1 210
-
869
-
total
42 260
-
32 679
-
Employer
80 154
-
63 000
-
total
-
-
-
-
Corporate
-
63 000
-
-
nationa
-
15 119
-
-
municipal
-
3 036
-
-
total
-
18 155
-
-
Dividends
-
44 845
-
-
withholding
-
11 659
-
-
total
-
11 659
-
-
Income
63 000
63 000
63 000
63 000
Total tax
42 260
29 814
32 679
29 183
After tax
20 740
33 186
30 321
33 817
Living cost
37 893
37 893
37 893
37 893
Free-cash
-17 153
-4 707
-7 572
-4 076

Estimated living cost  is ₽37893 per week

₽26618
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2607
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽572
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8096
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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