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
₽13803
₽18905
₽3371
₽15890
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
6 445
trade
-
-
-
3 015
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.

-
-
-
8 604
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.

-
-
-
473
total
-
-
-
18 537
Employee

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

36 081
-
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.

6 445
-
6 445
-
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.

1 008
-
8 604
-
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.

55
-
473
-
total
7 508
-
15 522
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
26 919
63 000
-
-
income
4 039
9 450
-
-
chamber of commerce
183
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.

222
519
-
-
trade
4 239
9 923
-
-
total
8 683
20 127
-
-
Dividends
18 237
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.

231
569
-
-
withholding
4 202
10 360
-
-
total
4 433
10 929
-
-
Income
63 000
63 000
63 000
63 000
Total tax
20 624
31 056
15 522
18 537
After tax
42 376
31 944
47 478
44 463
Living cost
28 573
28 573
28 573
28 573
Free-cash
13 803
3 371
18 905
15 890

Estimated living cost  is ₽28573 per week

₽17973
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3331
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽533
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6735
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽21367
-₽10242
-₽10584
-₽10736
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
63 000
social contributions
-
-
-
677
municipal
-
-
-
6 120
pensions
-
-
-
7 560
national
-
-
-
9 483
total
-
-
-
23 840
Employee
77 348
-
54 463
-
pensions
3 094
-
2 179
-
municipal
9 554
-
6 364
-
national
14 804
-
9 861
-
total
27 452
-
18 404
-
Employer
77 348
-
54 463
-
pensions
6 188
-
4 357
-
social contributions
831
-
585
-
total
7 019
-
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
34 471
23 688
23 346
23 840
After tax
28 529
39 312
39 654
39 160
Living cost
49 896
49 896
49 896
49 896
Free-cash
-21 367
-10 584
-10 242
-10 736

Estimated living cost  is ₽49896 per week

₽33914
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4638
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽747
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10597
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽23036
₽16243
₽30776
₽30955
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
2 970
income
-
-
-
-
surtax
-
-
-
-
microenterprise
-
-
-
9 450
total
-
-
-
12 420
Employee
27 565
-
50 770
-
social contributions

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

3 033
-
5 585
-
income
4 907
-
9 317
-
surtax
-
-
-
-
total
7 940
-
14 902
-
Employer
27 565
-
50 770
-
surtax
-
-
-
-
social contributions

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

6 640
-
12 230
-
total
6 640
-
12 230
-
Corporate
28 795
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%.

5 759
12 599
-
-
total
5 759
12 599
-
-
Dividends

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

23 036
50 401
-
-
total
-
-
-
-
Income
63 000
63 000
63 000
63 000
Total tax
20 339
12 599
27 132
12 420
After tax
42 661
50 401
35 868
50 580
Living cost
19 625
19 625
19 625
19 625
Free-cash
23 036
30 776
16 243
30 955

Estimated living cost  is ₽19625 per week

₽12520
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1869
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽446
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4790
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽30676
-₽30676
-₽25380
-₽3583
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
9 517
income
-
-
-
6 496
pensions
-
-
-
11 052
total
-
-
-
27 065
Employee
80 557
80 557
80 557
-
pensions
14 500
11 052
14 500
-
health
12 365
10 517
12 365
-
income

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

13 186
13 186
13 186
-
total
40 051
34 755
40 051
-
Employer
80 557
80 557
80 557
-
pensions
5 607
5 607
5 607
-
health
5 600
5 600
5 600
-
unemployment
2 900
2 900
2 900
-
total
14 107
14 107
14 107
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
63 000
63 000
63 000
63 000
Total tax
54 158
48 862
54 158
27 065
After tax
8 842
14 138
8 842
35 935
Living cost
39 518
39 518
39 518
39 518
Free-cash
-30 676
-25 380
-30 676
-3 583

Estimated living cost  is ₽39518 per week

₽28005
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3562
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽628
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7322
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽9963
-₽5320
-₽4565
-₽7558
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
63 000
accident
-
-
-
126
health
-
-
-
3 931
municipal
-
-
-
13 344
pensions
-
-
-
6 810
other
-
-
-
7 321
unemployment
-
-
-
63
national
-
-
-
-
total
-
-
-
31 595
Employee
55 519
-
47 938
-
municipal
16 556
-
14 295
-
national
-
-
-
-
total
16 556
-
14 295
-
Employer
55 519
-
47 938
-
pensions
6 002
-
5 182
-
other
6 451
-
5 570
-
health
3 414
-
2 948
-
unemployment
1 466
-
1 266
-
accident
111
-
96
-
total
17 444
-
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
34 000
28 602
29 357
31 595
After tax
29 000
34 398
33 643
31 405
Living cost
38 963
38 963
38 963
38 963
Free-cash
-9 963
-4 565
-5 320
-7 558

Estimated living cost  is ₽38963 per week

₽25823
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3823
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽592
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8725
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽7815
₽10420
-₽5437
₽7271
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
6 445
trade
-
-
-
3 149
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.

-
-
-
8 604
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.

-
-
-
473
total
-
-
-
18 671
Employee

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

47 839
-
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.

6 445
-
6 445
-
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.

4 110
-
8 604
-
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.

226
-
473
-
total
10 781
-
15 522
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
15 161
63 000
-
-
income
2 274
9 450
-
-
chamber of commerce
165
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.

125
519
-
-
trade
2 494
10 363
-
-
total
5 058
20 565
-
-
Dividends
10 104
42 435
-
-
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.

120
564
-
-
withholding
2 168
10 250
-
-
total
2 288
10 814
-
-
Income
63 000
63 000
63 000
63 000
Total tax
18 127
31 379
15 522
18 671
After tax
44 873
31 621
47 478
44 329
Living cost
37 058
37 058
37 058
37 058
Free-cash
7 815
-5 437
10 420
7 271

Estimated living cost  is ₽37058 per week

₽24785
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3908
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽553
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7812
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽11786
₽13702
₽11072
₽17566
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
9 828
health
-
-
-
1 606
income
-
-
-
3 403
total
-
-
-
14 837
Employee
72 538
72 538
72 538
-
health
721
1 233
972
-
social contributions
3 525
6 020
4 748
-
income
7 617
6 715
7 175
-
total
11 863
13 968
12 895
-
Employer
72 538
72 538
72 538
-
health
786
1 343
1 058
-
social contributions
3 525
6 020
4 748
-
total
4 311
7 363
5 806
-
Corporate
16 229
-
-
-
income
2 028
-
-
-
total
2 028
-
-
-
Dividends
14 200
-
-
-
withholding
2 415
-
-
-
total
2 415
-
-
-
Income
63 000
63 000
63 000
63 000
Total tax
20 617
21 331
18 701
14 837
After tax
42 383
41 669
44 299
48 163
Living cost
30 597
30 597
30 597
30 597
Free-cash
11 786
11 072
13 702
17 566

Estimated living cost  is ₽30597 per week

₽20916
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2390
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽514
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6778
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽18588
₽19136
₽18225
₽26257
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

25 096
9 988
52 720
-
unemployment
376
150
791
-
pensions
2 510
999
5 272
-
health
1 757
699
3 690
-
income
3 068
1 221
6 445
-
total
7 711
3 069
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.

25 096
9 988
52 720
-
pensions
4 894
1 948
10 280
-
total
4 894
1 948
10 280
-
Corporate
33 010
51 064
-
-
income
2 971
4 596
-
-
total
2 971
4 596
-
-
Dividends
30 039
46 469
-
-
social contributions
5 743
8 947
-
-
withholding
5 707
8 829
-
-
total
11 450
17 776
-
-
Income
63 000
63 000
63 000
63 000
Total tax
27 026
27 389
26 478
19 357
After tax
35 974
35 611
36 522
43 643
Living cost
17 386
17 386
17 386
17 386
Free-cash
18 588
18 225
19 136
26 257

Estimated living cost  is ₽17386 per week

₽11864
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1422
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽347
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3752
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽21754
₽13528
₽27616
₽11306
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 118
pensions
-
-
-
12 601
total
-
-
-
28 909
Employee
26 761
-
47 085
-
unemployment
428
-
754
-
pensions
535
-
942
-
income
3 013
-
9 078
-
total
3 976
-
10 774
-
Employer
26 761
-
47 085
-
pensions
5 353
-
9 416
-
health
3 478
-
6 121
-
unemployment
215
-
376
-
total
9 046
-
15 913
-
Corporate
27 193
63 000
-
-
income
5 439
12 599
-
-
total
5 439
12 599
-
-
Dividends
21 755
50 401
-
-
total
-
-
-
-
Income
63 000
63 000
63 000
63 000
Total tax
18 461
12 599
26 687
28 909
After tax
44 539
50 401
36 313
34 091
Living cost
22 785
22 785
22 785
22 785
Free-cash
21 754
27 616
13 528
11 306

Estimated living cost  is ₽22785 per week

₽15628
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1357
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.
₽5342
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽1872
₽11580
-₽15967
₽22377
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
63 000
accident
-
-
-
242
health
-
-
-
2 089
income
-
-
-
12 882
pensions
-
-
-
3 985
other
-
-
-
355
total
-
-
-
19 553
Employee
33 145
-
52 334
-
pensions
3 732
-
5 893
-
health
3 795
-
5 992
-
income
4 547
-
7 800
-
total
12 074
-
19 685
-
Employer
33 145
-
52 334
-
pensions
5 390
-
8 509
-
unemployment
812
-
1 282
-
accident
553
-
874
-
total
6 755
-
10 665
-
Corporate
23 101
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.

20 790
56 700
-
-
total
20 790
56 700
-
-
Dividends
2 310
6 300
-
-
withholding
439
1 197
-
-
total
439
1 197
-
-
Income
63 000
63 000
63 000
63 000
Total tax
40 058
57 897
30 350
19 553
After tax
22 942
5 103
32 650
43 447
Living cost
21 070
21 070
21 070
21 070
Free-cash
1 872
-15 967
11 580
22 377

Estimated living cost  is ₽21070 per week

₽15443
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1167
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.
₽4021
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽50711
₽42704
₽52154
₽54674
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
9 619
-
63 000
-
income
1 924
-
12 600
-
total
1 924
-
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%.

53 381
63 000
-
-
total
-
-
-
-
Dividends
53 381
63 000
-
-
withholding
2 669
3 150
-
-
total
2 669
3 150
-
-
Income
63 000
63 000
63 000
63 000
Total tax
4 593
3 150
12 600
630
After tax
58 407
59 850
50 400
62 370
Living cost
7 696
7 696
7 696
7 696
Free-cash
50 711
52 154
42 704
54 674

Estimated living cost  is ₽7696 per week

₽4769
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽640
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽212
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2075
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽14779
₽11793
₽21151
₽8976
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 771
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.

-
-
-
15 122
other
-
-
-
2 993
total
-
-
-
28 888
Employee
34 252
-
50 320
-
unemployment
342
-
503
-
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.

2 397
-
3 521
-
health
480
-
705
-
income
5 897
-
8 663
-
total
9 116
-
13 392
-
Employer
34 252
-
50 320
-
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.

5 823
-
8 553
-
other
1 713
-
2 515
-
health
480
-
705
-
unemployment
342
-
503
-
accident
274
-
403
-
total
8 632
-
12 679
-
Corporate
20 116
63 000
-
-
income
4 225
13 229
-
-
total
4 225
13 229
-
-
Dividends
15 891
49 771
-
-
withholding
1 112
3 484
-
-
total
1 112
3 484
-
-
Income
63 000
63 000
63 000
63 000
Total tax
23 085
16 713
26 071
28 888
After tax
39 915
46 287
36 929
34 112
Living cost
25 136
25 136
25 136
25 136
Free-cash
14 779
21 151
11 793
8 976

Estimated living cost  is ₽25136 per week

₽17760
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1697
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽405
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5274
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽36248
-₽21293
-₽14488
-₽14595
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
11 774
pensions
-
-
-
4 130
total
-
-
-
15 904
Employee
87 284
-
55 955
-
pensions
8 421
-
4 660
-
health
1 438
-
796
-
income
15 734
-
10 101
-
total
25 593
-
15 557
-
Employer
87 284
-
55 955
-
pensions
10 306
-
5 983
-
health
1 658
-
1 062
-
total
11 964
-
7 045
-
Corporate
-
63 000
-
-
income

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

-
11 970
-
-
total
-
11 970
-
-
Dividends
-
51 030
-
-
withholding
-
3 827
-
-
total
-
3 827
-
-
Income
63 000
63 000
63 000
63 000
Total tax
37 557
15 797
22 602
15 904
After tax
25 443
47 203
40 398
47 096
Living cost
61 691
61 691
61 691
61 691
Free-cash
-36 248
-14 488
-21 293
-14 595

Estimated living cost  is ₽61691 per week

₽46226
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7248
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽502
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7716
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽37110
₽33735
₽41493
₽32377
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 791
income
-
-
-
9 450
pensions

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

-
-
-
4 878
unemployment
-
-
-
132
total
-
-
-
18 251
Employee
16 383
-
56 533
-
accident

We are using the highest rate at 1.1%.

180
-
363
-
pensions

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

1 438
-
2 894
-
health
754
-
1 516
-
income
1 638
-
5 653
-
total
4 010
-
10 426
-
Employer
16 383
-
56 533
-
pensions

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

1 806
-
3 632
-
health
1 131
-
2 274
-
unemployment
98
-
198
-
accident

We are using the highest rate at 1.1%.

180
-
363
-
total
3 215
-
6 467
-
Corporate
43 403
63 000
-
-
income
4 340
6 300
-
-
total
4 340
6 300
-
-
Dividends
39 063
56 700
-
-
withholding
1 953
2 835
-
-
total
1 953
2 835
-
-
Income
63 000
63 000
63 000
63 000
Total tax
13 518
9 135
16 893
18 251
After tax
49 482
53 865
46 107
44 749
Living cost
12 372
12 372
12 372
12 372
Free-cash
37 110
41 493
33 735
32 377

Estimated living cost  is ₽12372 per week

₽7223
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽884
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽328
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3938
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽39773
-₽43468
-₽38172
-₽16375
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
9 517
income
-
-
-
6 496
pensions
-
-
-
11 052
total
-
-
-
27 065
Employee
87 459
80 557
80 557
-
pensions
11 052
11 052
14 500
-
health
10 911
10 517
12 365
-
income

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

13 186
13 186
13 186
-
total
35 149
34 755
40 051
-
Employer
87 459
80 557
80 557
-
pensions
6 087
5 607
5 607
-
health
6 078
5 600
5 600
-
unemployment
3 149
2 900
2 900
-
total
15 314
14 107
14 107
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
63 000
63 000
63 000
63 000
Total tax
50 463
48 862
54 158
27 065
After tax
12 537
14 138
8 842
35 935
Living cost
52 310
52 310
52 310
52 310
Free-cash
-39 773
-38 172
-43 468
-16 375

Estimated living cost  is ₽52310 per week

₽38587
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4672
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽600
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8451
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽11596
₽8547
₽19953
₽7261
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
34 446
-
47 015
-
solidarity contribution
-
-
-
-
health
4 650
-
6 347
-
social contributions
2 239
-
3 056
-
income
4 134
-
5 642
-
total
11 023
-
15 045
-
Employer
34 446
-
47 015
-
health
3 100
-
4 231
-
social contributions
8 612
-
11 754
-
total
11 712
-
15 985
-
Corporate
16 842
63 000
-
-
income
3 200
11 970
-
-
total
3 200
11 970
-
-
Dividends
13 642
51 030
-
-
withholding
2 046
7 654
-
-
total
2 046
7 654
-
-
Income
63 000
63 000
63 000
63 000
Total tax
27 981
19 624
31 030
32 316
After tax
35 019
43 376
31 970
30 684
Living cost
23 423
23 423
23 423
23 423
Free-cash
11 596
19 953
8 547
7 261

Estimated living cost  is ₽23423 per week

₽16270
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1666
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽461
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5026
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽20838
-₽9152
-₽6192
-₽5589
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
16 203
municipal
-
-
-
374
regional
-
-
-
645
national
-
-
-
11 561
total
-
-
-
28 783
Employee
83 838
-
63 000
-
regional
791
-
567
-
municipal
444
-
335
-
national
14 527
-
10 200
-
social contributions
28 270
-
21 244
-
total
44 032
-
32 346
-
Employer
83 838
-
63 000
-
total
-
-
-
-
Corporate
-
63 000
-
-
municipal
-
2 456
-
-
nationa
-
15 120
-
-
total
-
17 576
-
-
Dividends
-
45 424
-
-
withholding
-
11 810
-
-
total
-
11 810
-
-
Income
63 000
63 000
63 000
63 000
Total tax
44 032
29 386
32 346
28 783
After tax
18 968
33 614
30 654
34 217
Living cost
39 806
39 806
39 806
39 806
Free-cash
-20 838
-6 192
-9 152
-5 589

Estimated living cost  is ₽39806 per week

₽27748
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2610
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽610
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8836
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽15873
₽12674
₽18812
₽14051
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
4 474
income
-
-
-
10 034
surtax
-
-
-
811
pensions
-
-
-
12 599
other
-
-
-
-
unemployment
-
-
-
215
total
-
-
-
28 133
Employee
31 196
-
52 044
-
unemployment
2 171
-
3 622
-
pensions
2 080
-
3 471
-
health
797
-
1 327
-
income
5 229
-
9 429
-
other
-
-
-
-
surtax
102
-
705
-
total
10 379
-
18 554
-
Employer
31 196
-
52 044
-
pensions
4 159
-
6 937
-
other
-
-
-
-
health
1 420
-
2 368
-
unemployment
988
-
1 651
-
total
6 567
-
10 956
-
Corporate
25 238
63 000
-
-
income
6 563
16 380
-
-
total
6 563
16 380
-
-
Dividends
18 675
46 620
-
-
withholding
2 802
6 992
-
-
total
2 802
6 992
-
-
Income
63 000
63 000
63 000
63 000
Total tax
26 311
23 372
29 510
28 133
After tax
36 689
39 628
33 490
34 867
Living cost
20 816
20 816
20 816
20 816
Free-cash
15 873
18 812
12 674
14 051

Estimated living cost  is ₽20816 per week

₽12728
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1921
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽480
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5687
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽2938
-₽1748
₽5057
₽4950
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
11 774
pensions
-
-
-
4 130
total
-
-
-
15 904
Employee
58 495
-
55 955
-
pensions
4 965
-
4 660
-
health
849
-
796
-
income
10 535
-
10 101
-
total
16 349
-
15 557
-
Employer
58 495
-
55 955
-
pensions
6 332
-
5 983
-
health
1 111
-
1 062
-
total
7 443
-
7 045
-
Corporate
-
63 000
-
-
income

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

-
11 970
-
-
total
-
11 970
-
-
Dividends
-
51 030
-
-
withholding
-
3 827
-
-
total
-
3 827
-
-
Income
63 000
63 000
63 000
63 000
Total tax
23 792
15 797
22 602
15 904
After tax
39 208
47 203
40 398
47 096
Living cost
42 146
42 146
42 146
42 146
Free-cash
-2 938
5 057
-1 748
4 950

Estimated living cost  is ₽42146 per week

₽31575
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3159
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽441
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6970
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽33225
-₽25010
-₽46263
-₽21788
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
245
pensions
-
-
-
5 796
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.

-
-
-
1 259
regional
-
-
-
1 539
city
-
-
-
663
national
-
-
-
214
total
-
-
-
9 716
Employee
87 853
-
56 387
-
unemployment
-
-
-
-
pensions
7 381
-
4 737
-
regional
2 877
-
1 300
-
national
416
-
177
-
health
199
-
127
-
city
943
-
605
-
total
11 816
-
6 946
-
Employer
87 853
-
56 387
-
pensions
7 381
-
4 737
-
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.

1 757
-
1 128
-
health
199
-
127
-
unemployment
-
-
-
-
total
9 337
-
5 992
-
Corporate
-
63 000
-
-
regional
-
13 325
-
-
national
-
5 354
-
-
total
-
18 679
-
-
Dividends
-
44 320
-
-
withholding
-
15 512
-
-
total
-
15 512
-
-
Income
63 000
63 000
63 000
63 000
Total tax
21 153
34 191
12 938
9 716
After tax
41 847
28 809
50 062
53 284
Living cost
75 072
75 072
75 072
75 072
Free-cash
-33 225
-46 263
-25 010
-21 788

Estimated living cost  is ₽75072 per week

₽48818
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6737
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽922
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18595
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽3379
₽4263
-₽11919
₽980
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
6 445
trade
-
-
-
3 283
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.

-
-
-
8 604
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.

-
-
-
473
total
-
-
-
18 805
Employee

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

56 693
-
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.

6 445
-
6 445
-
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.

6 667
-
8 604
-
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.

367
-
473
-
total
13 479
-
15 522
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
6 307
63 000
-
-
income
945
9 450
-
-
chamber of commerce
152
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.

52
519
-
-
trade
1 081
10 804
-
-
total
2 230
21 006
-
-
Dividends
4 076
41 994
-
-
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.

36
559
-
-
withholding
661
10 139
-
-
total
697
10 698
-
-
Income
63 000
63 000
63 000
63 000
Total tax
16 406
31 704
15 522
18 805
After tax
46 594
31 296
47 478
44 195
Living cost
43 215
43 215
43 215
43 215
Free-cash
3 379
-11 919
4 263
980

Estimated living cost  is ₽43215 per week

₽31562
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3457
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽562
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7635
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽5047
₽5630
-₽523
₽5281
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 796
health
-
-
-
544
income
-
-
-
3 260
surtax
-
-
-
-
pensions
-
-
-
17 891
other
-
-
-
1 953
total
-
-
-
25 444
Employee
40 373
-
48 007
-
pensions
4 565
-
5 430
-
social contributions
1 151
-
1 368
-
income
2 383
-
3 305
-
surtax
-
-
-
-
total
8 099
-
10 103
-
Employer
40 373
-
48 007
-
pensions
6 633
-
7 889
-
other
1 393
-
1 656
-
health
2 827
-
3 360
-
unemployment
1 634
-
1 944
-
social contributions
122
-
143
-
total
12 609
-
14 992
-
Corporate
10 018
63 000
-
-
income
2 805
17 640
-
-
surtax
-
-
-
-
total
2 805
17 640
-
-
Dividends
7 213
45 360
-
-
surtax
-
-
-
-
social contributions
1 241
7 802
-
-
withholding
924
5 806
-
-
total
2 165
13 608
-
-
Income
63 000
63 000
63 000
63 000
Total tax
25 678
31 248
25 095
25 444
After tax
37 322
31 752
37 905
37 556
Living cost
32 275
32 275
32 275
32 275
Free-cash
5 047
-523
5 630
5 281

Estimated living cost  is ₽32275 per week

₽20351
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2624
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽550
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8752
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽7915
₽8828
₽2675
₽8479
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 796
health
-
-
-
544
income
-
-
-
3 260
surtax
-
-
-
-
pensions
-
-
-
17 891
other
-
-
-
1 953
total
-
-
-
25 444
Employee
36 039
-
48 007
-
pensions
4 076
-
5 430
-
social contributions
1 028
-
1 368
-
income
1 858
-
3 305
-
surtax
-
-
-
-
total
6 962
-
10 103
-
Employer
36 039
-
48 007
-
pensions
5 922
-
7 889
-
other
1 244
-
1 656
-
health
2 522
-
3 360
-
unemployment
1 459
-
1 944
-
social contributions
107
-
143
-
total
11 254
-
14 992
-
Corporate
15 706
63 000
-
-
income
4 398
17 640
-
-
surtax
-
-
-
-
total
4 398
17 640
-
-
Dividends
11 308
45 360
-
-
surtax
-
-
-
-
social contributions
1 946
7 802
-
-
withholding
1 448
5 806
-
-
total
3 394
13 608
-
-
Income
63 000
63 000
63 000
63 000
Total tax
26 008
31 248
25 095
25 444
After tax
36 992
31 752
37 905
37 556
Living cost
29 077
29 077
29 077
29 077
Free-cash
7 915
2 675
8 828
8 479

Estimated living cost  is ₽29077 per week

₽16863
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2954
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.
₽8709
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽18923
₽17437
₽18430
₽20455
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 695
health
-
-
-
4 397
income
-
-
-
9 450
total
-
-
-
22 542
Employee
31 985
-
63 000
-
health
2 232
-
4 397
-
social contributions
4 415
-
8 695
-
income
5 335
-
12 468
-
total
11 982
-
25 560
-
Employer
31 985
-
63 000
-
total
-
-
-
-
Corporate
31 015
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%.

1 550
3 151
-
-
total
1 550
3 151
-
-
Dividends
29 465
59 849
-
-
health
2 057
4 178
-
-
social contributions
4 065
8 260
-
-
withholding
4 420
8 978
-
-
total
10 542
21 416
-
-
Income
63 000
63 000
63 000
63 000
Total tax
24 074
24 567
25 560
22 542
After tax
38 926
38 433
37 440
40 458
Living cost
20 003
20 003
20 003
20 003
Free-cash
18 923
18 430
17 437
20 455

Estimated living cost  is ₽20003 per week

₽13387
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1233
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.
₽4921
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽878
-₽10432
₽2603
₽948
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
4 819
surtax
-
-
-
186
income
-
-
-
6 113
chamber of commerce
-
-
-
252
pensions
-
-
-
11 656
unemployment
-
-
-
5 786
total
-
-
-
28 812
Employee
47 144
37 593
48 775
-
unemployment
1 414
1 128
1 463
-
pensions
4 828
3 849
4 995
-
health
1 824
1 455
1 887
-
income
5 367
2 773
5 836
-
other
471
376
487
-
total
13 904
9 581
14 668
-
Employer
47 144
37 593
48 775
-
chamber of commerce
188
150
195
-
pensions
5 916
4 719
6 121
-
other
2 239
1 785
2 318
-
health
1 781
1 421
1 844
-
unemployment
1 414
1 128
1 463
-
accident
612
489
634
-
surtax
186
186
186
-
payroll
1 414
1 128
1 463
-
total
13 750
11 006
14 224
-
Corporate
3 580
14 401
45 197
-
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.

895
3 600
11 300
-
total
895
3 600
11 300
-
Dividends
1 209
10 801
-
-
withholding
333
2 970
-
-
total
333
2 970
-
-
Income
63 000
63 000
63 000
63 000
Total tax
28 882
27 157
40 192
28 812
After tax
34 118
35 843
22 808
34 188
Living cost
33 240
33 240
33 240
33 240
Free-cash
878
2 603
-10 432
948

Estimated living cost  is ₽33240 per week

₽22169
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2836
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽546
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7689
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽24119
-₽7954
₽1053
-₽1861
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 136
communal

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

-
-
-
3 292
national
-
-
-
19 038
total
-
-
-
30 466
Employee

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

67 478
-
48 791
-
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.

587
-
424
-
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.

5 061
-
3 659
-
national
20 745
-
13 434
-
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.

3 170
-
2 293
-
communal

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

3 519
-
2 546
-
total
33 082
-
22 356
-
Employer

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

67 478
-
48 791
-
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.

5 979
-
4 323
-
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.

4 150
-
3 000
-
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.

985
-
712
-
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.

877
-
636
-
surtax
7 651
-
5 532
-
total
19 642
-
14 203
-
Corporate
-
63 000
-
-
income
-
12 599
-
-
surtax
-
252
-
-
total
-
12 851
-
-
Dividends
-
50 148
-
-
withholding

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

-
14 701
-
-
total
-
14 701
-
-
Income
63 000
63 000
63 000
63 000
Total tax
52 724
27 552
36 559
30 466
After tax
10 276
35 448
26 441
32 534
Living cost
34 395
34 395
34 395
34 395
Free-cash
-24 119
1 053
-7 954
-1 861

Estimated living cost  is ₽34395 per week

₽22155
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3007
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽539
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8695
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽739
₽533
₽8451
₽87
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
63 000
accident
-
-
-
567
income
-
-
-
9 947
pensions
-
-
-
17 828
other
-
-
-
63
unemployment
-
-
-
440
total
-
-
-
28 845
Employee
46 957
-
47 771
-
unemployment
729
-
741
-
pensions
2 207
-
2 245
-
income
9 908
-
10 137
-
other
47
-
48
-
total
12 891
-
13 171
-
Employer
46 957
-
47 771
-
pensions
11 081
-
11 274
-
other
374
-
381
-
unemployment
2 583
-
2 628
-
accident
929
-
945
-
total
14 967
-
15 228
-
Corporate
1 075
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.

161
9 450
-
-
total
161
9 450
-
-
Dividends
914
53 550
-
-
withholding
174
11 031
-
-
total
174
11 031
-
-
Income
63 000
63 000
63 000
63 000
Total tax
28 193
20 481
28 399
28 845
After tax
34 807
42 519
34 601
34 155
Living cost
34 068
34 068
34 068
34 068
Free-cash
739
8 451
533
87

Estimated living cost  is ₽34068 per week

₽25087
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2417
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽491
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6072
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽16973
-₽9172
-₽11966
-₽10369
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
63 000
accident
-
-
-
567
health
-
-
-
4 726
income
-
-
-
3 398
surtax
-
-
-
3 333
pensions
-
-
-
10 080
communal
-
-
-
-
total
-
-
-
22 104
Employee
71 438
-
56 274
-
pensions
5 714
-
4 502
-
health
3 179
-
2 504
-
income
6 900
-
3 727
-
surtax
4 379
-
3 448
-
total
20 172
-
14 181
-
Employer
71 438
-
56 274
-
pensions
5 714
-
4 502
-
health
2 179
-
1 717
-
accident
643
-
507
-
total
8 536
-
6 726
-
Corporate
-
63 000
-
-
income
-
9 450
-
-
communal
-
4 252
-
-
surtax
-
662
-
-
total
-
14 364
-
-
Dividends
-
48 636
-
-
income
-
2 042
-
-
withholding
-
7 295
-
-
total
-
9 337
-
-
Income
63 000
63 000
63 000
63 000
Total tax
28 708
23 701
20 907
22 104
After tax
34 292
39 299
42 093
40 896
Living cost
51 265
51 265
51 265
51 265
Free-cash
-16 973
-11 966
-9 172
-10 369

Estimated living cost  is ₽51265 per week

₽38456
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3106
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.
₽9158
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽15435
₽12302
₽18440
₽13679
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
4 474
income
-
-
-
10 034
surtax
-
-
-
811
pensions
-
-
-
12 599
other
-
-
-
-
unemployment
-
-
-
215
total
-
-
-
28 133
Employee
31 768
-
52 044
-
unemployment
2 211
-
3 622
-
pensions
2 120
-
3 471
-
health
811
-
1 327
-
income
5 326
-
9 429
-
other
-
-
-
-
surtax
113
-
705
-
total
10 581
-
18 554
-
Employer
31 768
-
52 044
-
pensions
4 236
-
6 937
-
other
-
-
-
-
health
1 445
-
2 368
-
unemployment
1 008
-
1 651
-
total
6 689
-
10 956
-
Corporate
24 544
63 000
-
-
income
6 382
16 380
-
-
total
6 382
16 380
-
-
Dividends
18 162
46 620
-
-
withholding
2 725
6 992
-
-
total
2 725
6 992
-
-
Income
63 000
63 000
63 000
63 000
Total tax
26 377
23 372
29 510
28 133
After tax
36 623
39 628
33 490
34 867
Living cost
21 188
21 188
21 188
21 188
Free-cash
15 435
18 440
12 302
13 679

Estimated living cost  is ₽21188 per week

₽12793
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1842
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽492
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6063
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽5608
₽4961
₽7703
₽8500
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
16 203
municipal
-
-
-
374
regional
-
-
-
950
national
-
-
-
11 561
total
-
-
-
29 088
Employee
52 328
-
63 000
-
regional
704
-
848
-
municipal
277
-
335
-
national
8 290
-
10 200
-
social contributions
17 646
-
21 244
-
total
26 917
-
32 627
-
Employer
52 328
-
63 000
-
total
-
-
-
-
Corporate
10 672
63 000
-
-
municipal
530
3 131
-
-
nationa
2 562
15 120
-
-
total
3 092
18 251
-
-
Dividends
7 580
44 749
-
-
withholding
1 971
11 634
-
-
total
1 971
11 634
-
-
Income
63 000
63 000
63 000
63 000
Total tax
31 980
29 885
32 627
29 088
After tax
31 020
33 115
30 373
33 912
Living cost
25 412
25 412
25 412
25 412
Free-cash
5 608
7 703
4 961
8 500

Estimated living cost  is ₽25412 per week

₽15804
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2574
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽435
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6599
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Naples model

Close
Prague , Czech Republic
₽4214
₽3106
₽14512
₽1820
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
42 446
-
47 015
-
solidarity contribution
-
-
-
-
health
5 730
-
6 347
-
social contributions
2 759
-
3 056
-
income
5 094
-
5 642
-
total
13 583
-
15 045
-
Employer
42 446
-
47 015
-
health
3 820
-
4 231
-
social contributions
10 612
-
11 754
-
total
14 432
-
15 985
-
Corporate
6 122
63 000
-
-
income
1 163
11 970
-
-
total
1 163
11 970
-
-
Dividends
4 959
51 030
-
-
withholding
744
7 654
-
-
total
744
7 654
-
-
Income
63 000
63 000
63 000
63 000
Total tax
29 922
19 624
31 030
32 316
After tax
33 078
43 376
31 970
30 684
Living cost
28 864
28 864
28 864
28 864
Free-cash
4 214
14 512
3 106
1 820

Estimated living cost  is ₽28864 per week

₽21465
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1599
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽499
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5300
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽5383
-₽7246
₽5847
₽4278
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
4 819
surtax
-
-
-
-
income
-
-
-
6 113
chamber of commerce
-
-
-
252
pensions
-
-
-
11 656
unemployment
-
-
-
5 786
total
-
-
-
28 626
Employee
41 236
37 593
48 920
-
unemployment
1 237
1 128
1 468
-
pensions
4 223
3 849
5 009
-
health
1 595
1 455
1 894
-
income
3 673
2 773
5 875
-
other
412
376
489
-
total
11 140
9 581
14 735
-
Employer
41 236
37 593
48 920
-
chamber of commerce
165
150
195
-
pensions
5 175
4 719
6 140
-
other
1 958
1 785
2 324
-
health
1 559
1 421
1 849
-
unemployment
1 237
1 128
1 468
-
accident
535
489
636
-
surtax
-
-
-
-
payroll
1 237
1 128
1 468
-
total
11 866
10 820
14 080
-
Corporate
9 897
14 587
45 340
-
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.

2 474
3 647
11 335
-
total
2 474
3 647
11 335
-
Dividends
7 423
10 940
-
-
withholding
2 041
3 009
-
-
total
2 041
3 009
-
-
Income
63 000
63 000
63 000
63 000
Total tax
27 521
27 057
40 150
28 626
After tax
35 479
35 943
22 850
34 374
Living cost
30 096
30 096
30 096
30 096
Free-cash
5 383
5 847
-7 246
4 278

Estimated living cost  is ₽30096 per week

₽18054
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3074
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽537
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8432
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽45610
₽38408
₽47858
₽50378
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
14 990
-
63 000
-
income
2 998
-
12 600
-
total
2 998
-
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%.

48 010
63 000
-
-
total
-
-
-
-
Dividends
48 010
63 000
-
-
withholding
2 400
3 150
-
-
total
2 400
3 150
-
-
Income
63 000
63 000
63 000
63 000
Total tax
5 398
3 150
12 600
630
After tax
57 602
59 850
50 400
62 370
Living cost
11 992
11 992
11 992
11 992
Free-cash
45 610
47 858
38 408
50 378

Estimated living cost  is ₽11992 per week

₽8115
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽503
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽402
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2971
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽10182
₽6861
₽18071
₽8665
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
11 233
pensions
-
-
-
11 505
unemployment
-
-
-
95
total
-
-
-
29 032
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.

41 715
-
54 513
-
unemployment
59
-
77
-
pensions
6 466
-
8 450
-
health
2 694
-
3 521
-
income
7 194
-
10 302
-
total
16 413
-
22 350
-
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.

41 715
-
54 513
-
pensions
3 691
-
4 824
-
health
2 778
-
3 630
-
unemployment
25
-
32
-
total
6 494
-
8 486
-
Corporate
14 791
63 000
-
-
income
2 811
11 971
-
-
total
2 811
11 971
-
-
Dividends
11 980
51 029
-
-
withholding
1 797
7 655
-
-
total
1 797
7 655
-
-
Income
63 000
63 000
63 000
63 000
Total tax
27 515
19 626
30 836
29 032
After tax
35 485
43 374
32 164
33 968
Living cost
25 302
25 302
25 302
25 302
Free-cash
10 182
18 071
6 861
8 665

Estimated living cost  is ₽25302 per week

₽17365
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1622
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽491
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5827
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽79157
₽9320
-₽2809
₽2400
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
58 987
-
-
-
social contributions
4 837
-
689
-
income
13 011
-
-
-
total
17 848
-
689
-
Employer
58 987
-
-
-
social contributions
83 171
-
11 853
-
total
83 171
-
11 853
-
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
101 019
24 671
12 542
19 462
After tax
-38 019
38 329
50 458
43 538
Living cost
41 138
41 138
41 138
41 138
Free-cash
-79 157
-2 809
9 320
2 400

Estimated living cost  is ₽41138 per week

₽26692
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3869
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽524
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10053
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽5295
₽4339
₽6245
₽6423
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
5 095
surtax
-
-
-
-
total
-
-
-
26 987
Employee
43 386
-
50 909
-
social contributions
4 773
-
5 600
-
income
9 024
-
11 380
-
surtax
-
-
-
-
total
13 797
-
16 980
-
Employer
43 386
-
50 909
-
social contributions
10 304
-
12 091
-
total
10 304
-
12 091
-
Corporate
9 310
63 000
-
-
income
1 955
13 229
-
-
surtax
-
-
-
-
total
1 955
13 229
-
-
Dividends
7 355
49 771
-
-
withholding
2 059
13 936
-
-
total
2 059
13 936
-
-
Income
63 000
63 000
63 000
63 000
Total tax
28 115
27 165
29 071
26 987
After tax
34 885
35 835
33 929
36 013
Living cost
29 590
29 590
29 590
29 590
Free-cash
5 295
6 245
4 339
6 423

Estimated living cost  is ₽29590 per week

₽22139
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1745
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽494
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5211
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽14535
-₽7657
-₽13810
-₽8006
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 796
health
-
-
-
544
income
-
-
-
3 260
surtax
-
-
-
-
pensions
-
-
-
17 891
other
-
-
-
1 953
total
-
-
-
25 444
Employee
59 083
-
48 007
-
pensions
6 683
-
5 430
-
social contributions
1 683
-
1 368
-
income
5 155
-
3 305
-
surtax
-
-
-
-
total
13 521
-
10 103
-
Employer
59 083
-
48 007
-
pensions
9 708
-
7 889
-
other
2 039
-
1 656
-
health
4 135
-
3 360
-
unemployment
2 393
-
1 944
-
social contributions
177
-
143
-
total
18 452
-
14 992
-
Corporate
-
63 000
-
-
income
-
17 640
-
-
surtax
-
-
-
-
total
-
17 640
-
-
Dividends
-
45 360
-
-
surtax
-
-
-
-
social contributions
-
7 802
-
-
withholding
-
5 806
-
-
total
-
13 608
-
-
Income
63 000
63 000
63 000
63 000
Total tax
31 973
31 248
25 095
25 444
After tax
31 027
31 752
37 905
37 556
Living cost
45 562
45 562
45 562
45 562
Free-cash
-14 535
-13 810
-7 657
-8 006

Estimated living cost  is ₽45562 per week

₽30836
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3727
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽625
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10374
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽25174
₽22243
₽28344
₽20475
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
13 859
income
-
-
-
310
total
-
-
-
14 169
Employee
30 327
-
54 545
-
social contributions
1 971
-
3 545
-
income
-
-
401
-
total
1 971
-
3 946
-
Employer
30 327
-
54 545
-
social contributions
4 701
-
8 455
-
total
4 701
-
8 455
-
Corporate
27 972
63 000
-
-
income
2 798
6 300
-
-
total
2 798
6 300
-
-
Dividends
25 174
56 700
-
-
total
-
-
-
-
Income
63 000
63 000
63 000
63 000
Total tax
9 470
6 300
12 401
14 169
After tax
53 530
56 700
50 599
48 831
Living cost
28 356
28 356
28 356
28 356
Free-cash
25 174
28 344
22 243
20 475

Estimated living cost  is ₽28356 per week

₽18335
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2137
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽533
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7350
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽142347
-₽142347
-₽142347
-₽5067
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
10 680
pensions
-
-
-
817
labour market
-
-
-
4 975
national
-
-
-
6 205
total
-
-
-
22 677
Employee
191 582
191 582
191 582
-
pensions
272
272
272
-
municipal
40 796
40 796
40 796
-
national
23 405
23 405
23 405
-
labour market
15 305
15 305
15 305
-
total
79 778
79 778
79 778
-
Employer
191 582
191 582
191 582
-
municipal
40 861
40 861
40 861
-
pensions
545
545
545
-
national
23 446
23 446
23 446
-
labour market
15 327
15 327
15 327
-
total
80 179
80 179
80 179
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
63 000
63 000
63 000
63 000
Total tax
159 957
159 957
159 957
22 677
After tax
-96 957
-96 957
-96 957
40 323
Living cost
45 390
45 390
45 390
45 390
Free-cash
-142 347
-142 347
-142 347
-5 067

Estimated living cost  is ₽45390 per week

₽31066
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4015
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽698
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9611
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽1920
₽11891
-₽15656
₽22688
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
63 000
accident
-
-
-
242
health
-
-
-
2 089
income
-
-
-
12 882
pensions
-
-
-
3 985
other
-
-
-
355
total
-
-
-
19 553
Employee
32 656
-
52 334
-
pensions
3 677
-
5 893
-
health
3 739
-
5 992
-
income
4 480
-
7 800
-
total
11 896
-
19 685
-
Employer
32 656
-
52 334
-
pensions
5 310
-
8 509
-
unemployment
800
-
1 282
-
accident
545
-
874
-
total
6 655
-
10 665
-
Corporate
23 689
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.

21 320
56 700
-
-
total
21 320
56 700
-
-
Dividends
2 369
6 300
-
-
withholding
450
1 197
-
-
total
450
1 197
-
-
Income
63 000
63 000
63 000
63 000
Total tax
40 321
57 897
30 350
19 553
After tax
22 679
5 103
32 650
43 447
Living cost
20 759
20 759
20 759
20 759
Free-cash
1 920
-15 656
11 891
22 688

Estimated living cost  is ₽20759 per week

₽15111
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1183
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽390
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4076
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽2772
₽2202
₽7002
₽11409
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
576
municipal
-
-
-
11 237
national
-
-
-
3 561
total
-
-
-
15 374
Employee
49 631
-
52 998
-
unemployment
745
-
795
-
pensions
3 349
-
3 577
-
municipal
8 129
-
8 677
-
national
820
-
1 108
-
health
371
-
422
-
total
13 414
-
14 579
-
Employer
49 631
-
52 998
-
pensions
8 611
-
9 196
-
health
381
-
408
-
unemployment
322
-
344
-
accident
50
-
54
-
total
9 364
-
10 002
-
Corporate
4 005
63 000
-
-
income
800
12 599
-
-
total
800
12 599
-
-
Dividends

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

2 403
37 801
-
-
national
-
378
-
-
municipal
433
6 804
-
-
total
433
7 182
-
-
Income
63 000
63 000
63 000
63 000
Total tax
24 011
19 781
24 581
15 374
After tax
38 989
43 219
38 419
47 626
Living cost
36 217
36 217
36 217
36 217
Free-cash
2 772
7 002
2 202
11 409

Estimated living cost  is ₽36217 per week

₽23657
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3484
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽576
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8501
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽19321
₽22458
₽19828
₽26322
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
9 828
health
-
-
-
1 606
income
-
-
-
3 403
total
-
-
-
14 837
Employee
72 538
72 538
72 538
-
health
562
1 233
972
-
social contributions
2 743
6 020
4 748
-
income
7 898
6 715
7 175
-
total
11 203
13 968
12 895
-
Employer
72 538
72 538
72 538
-
health
610
1 343
1 058
-
social contributions
2 743
6 020
4 748
-
total
3 353
7 363
5 806
-
Corporate
26 603
-
-
-
income
3 326
-
-
-
total
3 326
-
-
-
Dividends
23 277
-
-
-
withholding
3 956
-
-
-
total
3 956
-
-
-
Income
63 000
63 000
63 000
63 000
Total tax
21 838
21 331
18 701
14 837
After tax
41 162
41 669
44 299
48 163
Living cost
21 841
21 841
21 841
21 841
Free-cash
19 321
19 828
22 458
26 322

Estimated living cost  is ₽21841 per week

₽13090
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2143
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽483
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6126
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽32396
₽23988
₽37195
₽33022
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 414
income
-
-
-
5 559
pensions
-
-
-
6 001
unemployment
-
-
-
27
total
-
-
-
15 001
Employee

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

21 653
-
57 116
-
unemployment
107
-
286
-
pensions
3 247
-
8 568
-
health
1 840
-
4 855
-
income
1 480
-
4 442
-
total
6 674
-
18 151
-
Employer

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

21 653
-
57 116
-
pensions
1 190
-
3 142
-
health
931
-
2 456
-
unemployment
107
-
286
-
total
2 228
-
5 884
-
Corporate
39 118
63 000
-
-
income
3 521
5 669
-
-
total
3 521
5 669
-
-
Dividends
35 597
57 331
-
-
withholding
3 204
5 159
-
-
total
3 204
5 159
-
-
Income
63 000
63 000
63 000
63 000
Total tax
15 627
10 828
24 035
15 001
After tax
47 373
52 172
38 965
47 999
Living cost
14 977
14 977
14 977
14 977
Free-cash
32 396
37 195
23 988
33 022

Estimated living cost  is ₽14977 per week

₽9556
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1079
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽446
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3895
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽11630
₽8660
₽16578
₽8214
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
63 000
accident
-
-
-
567
income
-
-
-
9 947
pensions
-
-
-
17 828
other
-
-
-
63
unemployment
-
-
-
440
total
-
-
-
28 845
Employee
34 881
-
47 771
-
unemployment
541
-
741
-
pensions
1 640
-
2 245
-
income
6 725
-
10 137
-
other
34
-
48
-
total
8 940
-
13 171
-
Employer
34 881
-
47 771
-
pensions
8 231
-
11 274
-
other
279
-
381
-
unemployment
1 919
-
2 628
-
accident
691
-
945
-
total
11 120
-
15 228
-
Corporate
16 999
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.

2 549
9 450
-
-
total
2 549
9 450
-
-
Dividends
14 449
53 550
-
-
withholding
2 820
11 031
-
-
total
2 820
11 031
-
-
Income
63 000
63 000
63 000
63 000
Total tax
25 429
20 481
28 399
28 845
After tax
37 571
42 519
34 601
34 155
Living cost
25 941
25 941
25 941
25 941
Free-cash
11 630
16 578
8 660
8 214

Estimated living cost  is ₽25941 per week

₽17510
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2494
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.
₽5483
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽37173
₽37904
₽37475
₽38034
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
971
income
-
-
-
20 818
pensions
-
-
-
1 340
total
-
-
-
23 129
Employee
2 797
-
61 493
-
unemployment
28
-
67
-
pensions
252
-
603
-
health
140
-
335
-
income
541
-
20 747
-
total
961
-
21 752
-
Employer
2 797
-
61 493
-
pensions
308
-
737
-
health
266
-
636
-
unemployment
56
-
134
-
total
630
-
1 507
-
Corporate
59 573
63 000
-
-
income
13 106
13 860
-
-
total
13 106
13 860
-
-
Dividends
46 467
49 140
-
-
withholding
9 293
9 828
-
-
total
9 293
9 828
-
-
Income
63 000
63 000
63 000
63 000
Total tax
23 990
23 688
23 259
23 129
After tax
39 010
39 312
39 741
39 871
Living cost
1 837
1 837
1 837
1 837
Free-cash
37 173
37 475
37 904
38 034

Estimated living cost  is ₽1837 per week

₽1091
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽149
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽42
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽554
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽24568
₽17228
₽29209
₽14615
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 262
pensions
-
-
-
16 380
unemployment
-
-
-
945
total
-
-
-
32 076
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.

24 593
-
53 435
-
unemployment
184
-
401
-
pensions
3 443
-
7 481
-
health
1 267
-
2 752
-
income
3 390
-
9 264
-
total
8 284
-
19 898
-
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.

24 593
-
53 435
-
pensions
2 951
-
6 412
-
health
1 267
-
2 752
-
unemployment
184
-
401
-
total
4 402
-
9 565
-
Corporate
34 005
63 000
-
-
income
5 101
9 450
-
-
total
5 101
9 450
-
-
Dividends
28 905
53 550
-
-
withholding
4 336
8 032
-
-
total
4 336
8 032
-
-
Income
63 000
63 000
63 000
63 000
Total tax
22 123
17 482
29 463
32 076
After tax
40 877
45 518
33 537
30 924
Living cost
16 309
16 309
16 309
16 309
Free-cash
24 568
29 209
17 228
14 615

Estimated living cost  is ₽16309 per week

₽10981
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1262
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽472
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3595
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽10063
₽8497
₽10403
₽10581
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
5 095
surtax
-
-
-
-
total
-
-
-
26 987
Employee
36 613
-
50 909
-
social contributions
4 028
-
5 600
-
income
7 154
-
11 380
-
surtax
-
-
-
-
total
11 182
-
16 980
-
Employer
36 613
-
50 909
-
social contributions
8 695
-
12 091
-
total
8 695
-
12 091
-
Corporate
17 692
63 000
-
-
income
3 715
13 229
-
-
surtax
-
-
-
-
total
3 715
13 229
-
-
Dividends
13 977
49 771
-
-
withholding
3 913
13 936
-
-
total
3 913
13 936
-
-
Income
63 000
63 000
63 000
63 000
Total tax
27 505
27 165
29 071
26 987
After tax
35 495
35 835
33 929
36 013
Living cost
25 432
25 432
25 432
25 432
Free-cash
10 063
10 403
8 497
10 581

Estimated living cost  is ₽25432 per week

₽18013
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1767
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽451
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5202
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽2007
₽1448
₽9366
₽1002
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
63 000
accident
-
-
-
567
income
-
-
-
9 947
pensions
-
-
-
17 828
other
-
-
-
63
unemployment
-
-
-
440
total
-
-
-
28 845
Employee
45 559
-
47 771
-
unemployment
705
-
741
-
pensions
2 141
-
2 245
-
income
9 516
-
10 137
-
other
45
-
48
-
total
12 407
-
13 171
-
Employer
45 559
-
47 771
-
pensions
10 752
-
11 274
-
other
365
-
381
-
unemployment
2 506
-
2 628
-
accident
902
-
945
-
total
14 525
-
15 228
-
Corporate
2 916
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.

437
9 450
-
-
total
437
9 450
-
-
Dividends
2 479
53 550
-
-
withholding
471
11 031
-
-
total
471
11 031
-
-
Income
63 000
63 000
63 000
63 000
Total tax
27 840
20 481
28 399
28 845
After tax
35 160
42 519
34 601
34 155
Living cost
33 153
33 153
33 153
33 153
Free-cash
2 007
9 366
1 448
1 002

Estimated living cost  is ₽33153 per week

₽23809
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2578
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽467
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6300
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽31882
₽29874
₽37632
₽28516
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 791
income
-
-
-
9 450
pensions

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

-
-
-
4 878
unemployment
-
-
-
132
total
-
-
-
18 251
Employee
21 495
-
56 533
-
accident

We are using the highest rate at 1.1%.

236
-
363
-
pensions

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

1 887
-
2 894
-
health
989
-
1 516
-
income
2 150
-
5 653
-
total
5 262
-
10 426
-
Employer
21 495
-
56 533
-
pensions

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

2 369
-
3 632
-
health
1 483
-
2 274
-
unemployment
129
-
198
-
accident

We are using the highest rate at 1.1%.

236
-
363
-
total
4 217
-
6 467
-
Corporate
37 288
63 000
-
-
income
3 728
6 300
-
-
total
3 728
6 300
-
-
Dividends
33 560
56 700
-
-
withholding
1 678
2 835
-
-
total
1 678
2 835
-
-
Income
63 000
63 000
63 000
63 000
Total tax
14 885
9 135
16 893
18 251
After tax
48 115
53 865
46 107
44 749
Living cost
16 233
16 233
16 233
16 233
Free-cash
31 882
37 632
29 874
28 516

Estimated living cost  is ₽16233 per week

₽10736
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽929
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.
₽4181
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽8512
₽11058
-₽3827
₽8312
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
6 445
trade
-
-
-
2 746
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.

-
-
-
8 604
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.

-
-
-
473
total
-
-
-
18 268
Employee

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

46 937
-
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.

6 445
-
6 445
-
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.

3 860
-
8 604
-
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.

213
-
473
-
total
10 518
-
15 522
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
16 063
63 000
-
-
income
2 410
9 450
-
-
chamber of commerce
166
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.

132
519
-
-
trade
2 306
9 040
-
-
total
5 014
19 245
-
-
Dividends
11 049
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.

132
582
-
-
withholding
2 404
10 580
-
-
total
2 536
11 162
-
-
Income
63 000
63 000
63 000
63 000
Total tax
18 068
30 407
15 522
18 268
After tax
44 932
32 593
47 478
44 732
Living cost
36 420
36 420
36 420
36 420
Free-cash
8 512
-3 827
11 058
8 312

Estimated living cost  is ₽36420 per week

₽25123
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3919
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽528
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6849
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽10791
-₽5326
-₽9638
-₽5326
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
4 944
income
-
-
-
9 645
total
-
-
-
14 589
Employee
73 790
-
63 000
-
social contributions
6 130
-
4 944
-
income
13 924
-
9 645
-
total
20 054
-
14 589
-
Employer
73 790
-
63 000
-
total
-
-
-
-
Corporate
-
63 000
-
-
income
-
7 875
-
-
total
-
7 875
-
-
Dividends
-
55 125
-
-
withholding
-
11 026
-
-
total
-
11 026
-
-
Income
63 000
63 000
63 000
63 000
Total tax
20 054
18 901
14 589
14 589
After tax
42 946
44 099
48 411
48 411
Living cost
53 737
53 737
53 737
53 737
Free-cash
-10 791
-9 638
-5 326
-5 326

Estimated living cost  is ₽53737 per week

₽40882
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4379
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽514
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7963
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽7186
₽11538
₽1724
-₽3883
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
26 852
health

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

-
-
-
5 788
total
-
-
-
32 640
Employee
43 275
-
58 661
-
social contributions
4 336
-
4 339
-
income
4 696
-
8 541
-
total
9 032
-
12 880
-
Employer
43 275
-
58 661
-
social contributions
4 336
-
4 339
-
total
4 336
-
4 339
-
Corporate
15 389
63 000
-
-
income
5 387
22 049
-
-
total
5 387
22 049
-
-
Dividends
10 003
40 951
-
-
social contributions
2 816
4 984
-
-
total
2 816
4 984
-
-
Income
63 000
63 000
63 000
63 000
Total tax
21 571
27 033
17 219
32 640
After tax
41 429
35 967
45 781
30 360
Living cost
34 243
34 243
34 243
34 243
Free-cash
7 186
1 724
11 538
-3 883

Estimated living cost  is ₽34243 per week

₽22556
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2700
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8462
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽7732
₽6135
₽12940
₽12833
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
11 774
pensions
-
-
-
4 130
total
-
-
-
15 904
Employee
47 031
-
55 955
-
pensions
3 590
-
4 660
-
health
614
-
796
-
income
8 565
-
10 101
-
total
12 769
-
15 557
-
Employer
47 031
-
55 955
-
pensions
4 752
-
5 983
-
health
894
-
1 062
-
total
5 646
-
7 045
-
Corporate
10 323
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.

1 962
11 970
-
-
total
1 962
11 970
-
-
Dividends
8 361
51 030
-
-
withholding
628
3 827
-
-
total
628
3 827
-
-
Income
63 000
63 000
63 000
63 000
Total tax
21 005
15 797
22 602
15 904
After tax
41 995
47 203
40 398
47 096
Living cost
34 263
34 263
34 263
34 263
Free-cash
7 732
12 940
6 135
12 833

Estimated living cost  is ₽34263 per week

₽23504
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3151
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽429
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7177
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽1604
₽9835
-₽17712
₽20632
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
63 000
accident
-
-
-
242
health
-
-
-
2 089
income
-
-
-
12 882
pensions
-
-
-
3 985
other
-
-
-
355
total
-
-
-
19 553
Employee
35 888
-
52 334
-
pensions
4 041
-
5 893
-
health
4 109
-
5 992
-
income
4 924
-
7 800
-
total
13 074
-
19 685
-
Employer
35 888
-
52 334
-
pensions
5 835
-
8 509
-
unemployment
879
-
1 282
-
accident
599
-
874
-
total
7 313
-
10 665
-
Corporate
19 798
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.

17 818
56 700
-
-
total
17 818
56 700
-
-
Dividends
1 980
6 300
-
-
withholding
376
1 197
-
-
total
376
1 197
-
-
Income
63 000
63 000
63 000
63 000
Total tax
38 581
57 897
30 350
19 553
After tax
24 419
5 103
32 650
43 447
Living cost
22 815
22 815
22 815
22 815
Free-cash
1 604
-17 712
9 835
20 632

Estimated living cost  is ₽22815 per week

₽16743
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1329
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽4282
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽36232
₽24113
₽40816
₽24113
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 828
health insurance
-
-
-
4 662
pensions
-
-
-
11 592
unemployment
-
-
-
756
work injury
-
-
-
315
total
-
-
-
26 153
Employee

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

20 374
-
63 000
-
unemployment
244
-
756
-
pensions
3 749
-
11 592
-
work injury
102
-
315
-
income
2 037
-
8 828
-
health insurance
1 508
-
4 662
-
total
7 640
-
26 153
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
42 626
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
42 626
63 000
-
-
withholding
6 394
9 450
-
-
total
6 394
9 450
-
-
Income
63 000
63 000
63 000
63 000
Total tax
14 034
9 450
26 153
26 153
After tax
48 966
53 550
36 847
36 847
Living cost
12 734
12 734
12 734
12 734
Free-cash
36 232
40 816
24 113
24 113

Estimated living cost  is ₽12734 per week

₽7889
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽925
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽397
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3522
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽16491
-₽7271
-₽4395
-₽3774
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
16 203
municipal
-
-
-
421
regional
-
-
-
1 009
national
-
-
-
11 561
total
-
-
-
29 194
Employee
79 492
-
63 000
-
regional
1 200
-
871
-
municipal
474
-
376
-
national
13 433
-
10 200
-
social contributions
26 804
-
21 244
-
total
41 911
-
32 691
-
Employer
79 492
-
63 000
-
total
-
-
-
-
Corporate
-
63 000
-
-
municipal
-
3 036
-
-
nationa
-
15 120
-
-
total
-
18 156
-
-
Dividends
-
44 844
-
-
withholding
-
11 659
-
-
total
-
11 659
-
-
Income
63 000
63 000
63 000
63 000
Total tax
41 911
29 815
32 691
29 194
After tax
21 089
33 185
30 309
33 806
Living cost
37 580
37 580
37 580
37 580
Free-cash
-16 491
-4 395
-7 271
-3 774

Estimated living cost  is ₽37580 per week

₽26398
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2585
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽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

Source of data for Rome model

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