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
₽3660
₽19143
₽16057
₽13990
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
63 000
income

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

-
-
-
8 719
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.

-
-
-
480
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.

-
-
-
6 378
trade
-
-
-
3 086
total
-
-
-
18 663
Employee

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

35 710
-
63 000
-
surtax

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

55
-
480
-
income

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

998
-
8 719
-
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.

6 378
-
6 378
-
total
7 431
-
15 577
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
27 290
63 000
-
-
income
4 093
9 451
-
-
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.

225
519
-
-
chamber of commerce
181
232
-
-
trade
4 298
9 922
-
-
total
8 797
20 124
-
-
Dividends
18 493
42 876
-
-
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.

234
571
-
-
withholding
4 268
10 365
-
-
total
4 502
10 936
-
-
Income
63 000
63 000
63 000
63 000
Total tax
20 730
31 060
15 577
18 663
After tax
42 270
31 940
47 423
44 337
Living cost
28 280
28 280
28 280
28 280
Free-cash
13 990
3 660
19 143
16 057

Estimated living cost  is ₽28280 per week

₽17789
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3297
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.
₽6665
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽10494
-₽10158
-₽10652
-₽21215
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
6 122
national
-
-
-
9 487
pensions
-
-
-
7 560
total
-
-
-
23 846
Employee
77 208
-
54 463
-
municipal
9 536
-
6 366
-
pensions
3 088
-
2 179
-
national
14 778
-
9 865
-
total
27 402
-
18 410
-
Employer
77 208
-
54 463
-
pensions
6 177
-
4 357
-
social contributions
830
-
585
-
total
7 007
-
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
34 409
23 688
23 352
23 846
After tax
28 591
39 312
39 648
39 154
Living cost
49 806
49 806
49 806
49 806
Free-cash
-21 215
-10 494
-10 158
-10 652

Estimated living cost  is ₽49806 per week

₽33853
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4630
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽745
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10578
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽30977
₽16430
₽31186
₽23318
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

As of 1 January, 2018 a microenterprise tax rate for microenterprise turnover of up to €40,000 is 15%. This tax is inclusive of all other taxes and contributions.

Microenterprise tax could also be applied to a company but as the only exception is a limitation of liability, we advise to register as a sole-trader.

-
-
-
63 000
income
-
-
-
-
surtax
-
-
-
-
social contributions

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

-
-
-
2 939
microenterprise
-
-
-
9 451
total
-
-
-
12 390
Employee
27 282
-
50 769
-
surtax
-
-
-
-
social contributions

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

3 001
-
5 585
-
income
4 856
-
9 330
-
total
7 857
-
14 915
-
Employer
27 282
-
50 769
-
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.

6 572
-
12 231
-
surtax
-
-
-
-
total
6 572
-
12 231
-
Corporate
29 147
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%.

5 829
12 599
-
-
total
5 829
12 599
-
-
Dividends

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

23 318
50 401
-
-
total
-
-
-
-
Income
63 000
63 000
63 000
63 000
Total tax
20 258
12 599
27 146
12 390
After tax
42 742
50 401
35 854
50 610
Living cost
19 424
19 424
19 424
19 424
Free-cash
23 318
30 977
16 430
31 186

Estimated living cost  is ₽19424 per week

₽12392
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1850
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.
₽4741
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽24472
-₽29713
-₽3183
-₽29713
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
63 000
income
-
-
-
6 676
health
-
-
-
9 456
pensions
-
-
-
10 939
total
-
-
-
27 071
Employee
79 730
79 730
79 730
-
pensions
14 351
10 939
14 351
-
income

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

13 051
13 051
13 051
-
health
12 238
10 409
12 238
-
total
39 640
34 399
39 640
-
Employer
79 730
79 730
79 730
-
health
5 542
5 542
5 542
-
pensions
5 549
5 549
5 549
-
unemployment
2 870
2 870
2 870
-
total
13 961
13 961
13 961
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
63 000
63 000
63 000
63 000
Total tax
53 601
48 360
53 601
27 071
After tax
9 399
14 640
9 399
35 929
Living cost
39 112
39 112
39 112
39 112
Free-cash
-29 713
-24 472
-29 713
-3 183

Estimated living cost  is ₽39112 per week

₽27718
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3526
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽622
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7247
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽3300
-₽4055
-₽6293
-₽7594
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
63 000
accident
-
-
-
126
other
-
-
-
7 321
unemployment
-
-
-
63
health
-
-
-
3 931
municipal
-
-
-
13 344
national
-
-
-
-
pensions
-
-
-
6 810
total
-
-
-
31 595
Employee
53 717
-
47 938
-
municipal
16 018
-
14 295
-
national
-
-
-
-
total
16 018
-
14 295
-
Employer
53 717
-
47 938
-
health
3 304
-
2 948
-
pensions
5 807
-
5 182
-
accident
107
-
96
-
unemployment
1 418
-
1 266
-
other
6 242
-
5 570
-
total
16 878
-
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
32 896
28 602
29 357
31 595
After tax
30 104
34 398
33 643
31 405
Living cost
37 698
37 698
37 698
37 698
Free-cash
-7 594
-3 300
-4 055
-6 293

Estimated living cost  is ₽37698 per week

₽24985
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3699
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽572
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8442
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽5059
₽10745
₽7522
₽8059
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
63 000
income

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

-
-
-
8 719
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.

-
-
-
480
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.

-
-
-
6 378
trade
-
-
-
3 223
total
-
-
-
18 800
Employee

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

47 347
-
63 000
-
surtax

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

223
-
480
-
income

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

4 068
-
8 719
-
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.

6 378
-
6 378
-
total
10 669
-
15 577
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
15 653
63 000
-
-
income
2 348
9 451
-
-
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.

129
519
-
-
chamber of commerce
165
232
-
-
trade
2 574
10 363
-
-
total
5 216
20 565
-
-
Dividends
10 437
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.

124
563
-
-
withholding
2 254
10 253
-
-
total
2 378
10 816
-
-
Income
63 000
63 000
63 000
63 000
Total tax
18 263
31 381
15 577
18 800
After tax
44 737
31 619
47 423
44 200
Living cost
36 678
36 678
36 678
36 678
Free-cash
8 059
-5 059
10 745
7 522

Estimated living cost  is ₽36678 per week

₽24530
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3868
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽547
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7732
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽11605
₽14108
₽17781
₽12133
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
63 000
income
-
-
-
3 501
social contributions
-
-
-
9 828
health
-
-
-
1 607
total
-
-
-
14 936
Employee
71 793
71 793
71 793
-
social contributions
3 489
5 958
4 747
-
income
7 539
6 646
7 084
-
health
714
1 221
973
-
total
11 742
13 825
12 804
-
Employer
71 793
71 793
71 793
-
health
778
1 329
1 058
-
social contributions
3 489
5 958
4 747
-
total
4 267
7 287
5 805
-
Corporate
16 709
-
-
-
income
2 089
-
-
-
total
2 089
-
-
-
Dividends
14 620
-
-
-
withholding
2 486
-
-
-
total
2 486
-
-
-
Income
63 000
63 000
63 000
63 000
Total tax
20 584
21 112
18 609
14 936
After tax
42 416
41 888
44 391
48 064
Living cost
30 283
30 283
30 283
30 283
Free-cash
12 133
11 605
14 108
17 781

Estimated living cost  is ₽30283 per week

₽20701
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2365
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽509
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6708
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽18876
₽19799
₽26920
₽19223
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

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

As of 2018, the minimum salary of a managing director was set at 180,500 HUF per month.

The minimum wage is 138,000 HUF per month.

24 139
9 607
52 720
-
unemployment
362
144
791
-
pensions
2 414
961
5 272
-
income
2 951
1 174
6 445
-
health
1 690
672
3 690
-
total
7 417
2 951
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.

24 139
9 607
52 720
-
pensions
4 707
1 873
10 280
-
total
4 707
1 873
10 280
-
Corporate
34 153
51 519
-
-
income
3 074
4 637
-
-
total
3 074
4 637
-
-
Dividends
31 080
46 883
-
-
social contributions
5 951
9 032
-
-
withholding
5 905
8 908
-
-
total
11 856
17 940
-
-
Income
63 000
63 000
63 000
63 000
Total tax
27 054
27 401
26 478
19 357
After tax
35 946
35 599
36 522
43 643
Living cost
16 723
16 723
16 723
16 723
Free-cash
19 223
18 876
19 799
26 920

Estimated living cost  is ₽16723 per week

₽11412
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1368
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽334
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3609
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽27850
₽13761
₽11490
₽22048
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
63 000
income
-
-
-
8 171
health
-
-
-
8 189
pensions
-
-
-
12 599
total
-
-
-
28 959
Employee
26 486
-
47 084
-
unemployment
423
-
753
-
pensions
530
-
941
-
income
2 982
-
9 079
-
total
3 935
-
10 773
-
Employer
26 486
-
47 084
-
health
3 443
-
6 121
-
pensions
5 298
-
9 417
-
unemployment
213
-
377
-
total
8 954
-
15 915
-
Corporate
27 561
63 000
-
-
income
5 512
12 599
-
-
total
5 512
12 599
-
-
Dividends
22 049
50 401
-
-
total
-
-
-
-
Income
63 000
63 000
63 000
63 000
Total tax
18 401
12 599
26 688
28 959
After tax
44 599
50 401
36 312
34 041
Living cost
22 551
22 551
22 551
22 551
Free-cash
22 048
27 850
13 761
11 490

Estimated living cost  is ₽22551 per week

₽15468
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1343
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽454
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5287
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽15737
₽11753
₽22602
₽1906
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
239
income
-
-
-
12 961
other
-
-
-
351
health
-
-
-
2 066
pensions
-
-
-
3 941
total
-
-
-
19 558
Employee
32 783
-
52 334
-
pensions
3 691
-
5 893
-
income
4 498
-
7 856
-
health
3 754
-
5 992
-
total
11 943
-
19 741
-
Employer
32 783
-
52 334
-
pensions
5 331
-
8 510
-
accident
547
-
874
-
unemployment
803
-
1 282
-
total
6 681
-
10 666
-
Corporate
23 536
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.

21 183
56 700
-
-
total
21 183
56 700
-
-
Dividends
2 353
6 300
-
-
withholding
447
1 197
-
-
total
447
1 197
-
-
Income
63 000
63 000
63 000
63 000
Total tax
40 254
57 897
30 407
19 558
After tax
22 746
5 103
32 593
43 442
Living cost
20 840
20 840
20 840
20 840
Free-cash
1 906
-15 737
11 753
22 602

Estimated living cost  is ₽20840 per week

₽15274
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1155
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽3977
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽52327
₽42877
₽54847
₽50916
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
9 404
-
63 000
-
income
1 881
-
12 600
-
total
1 881
-
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%.

53 596
63 000
-
-
total
-
-
-
-
Dividends
53 596
63 000
-
-
withholding
2 680
3 150
-
-
total
2 680
3 150
-
-
Income
63 000
63 000
63 000
63 000
Total tax
4 561
3 150
12 600
630
After tax
58 439
59 850
50 400
62 370
Living cost
7 523
7 523
7 523
7 523
Free-cash
50 916
52 327
42 877
54 847

Estimated living cost  is ₽7523 per week

₽4662
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽625
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽207
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2029
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽21409
₽12050
₽9236
₽15104
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
63 000
income
-
-
-
8 001
other
-
-
-
2 993
health
-
-
-
2 773
pensions

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

-
-
-
15 119
total
-
-
-
28 886
Employee
33 900
-
50 319
-
unemployment
338
-
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.

2 372
-
3 522
-
income
5 836
-
8 662
-
health
475
-
705
-
total
9 021
-
13 392
-
Employer
33 900
-
50 319
-
health
475
-
705
-
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.

5 764
-
8 554
-
accident
271
-
402
-
unemployment
338
-
503
-
other
1 696
-
2 516
-
total
8 544
-
12 680
-
Corporate
20 557
63 000
-
-
income
4 316
13 230
-
-
total
4 316
13 230
-
-
Dividends
16 240
49 770
-
-
withholding
1 137
3 483
-
-
total
1 137
3 483
-
-
Income
63 000
63 000
63 000
63 000
Total tax
23 018
16 713
26 072
28 886
After tax
39 982
46 287
36 928
34 114
Living cost
24 878
24 878
24 878
24 878
Free-cash
15 104
21 409
12 050
9 236

Estimated living cost  is ₽24878 per week

₽17578
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1680
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽400
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5220
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽15514
-₽22270
-₽15601
-₽37897
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
11 780
pensions
-
-
-
4 104
total
-
-
-
15 884
Employee
88 735
-
55 980
-
pensions
8 561
-
4 630
-
income
15 995
-
10 112
-
health
1 462
-
791
-
total
26 018
-
15 533
-
Employer
88 735
-
55 980
-
health
1 685
-
1 064
-
pensions
10 477
-
5 956
-
total
12 162
-
7 020
-
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
38 180
15 797
22 553
15 884
After tax
24 820
47 203
40 447
47 116
Living cost
62 717
62 717
62 717
62 717
Free-cash
-37 897
-15 514
-22 270
-15 601

Estimated living cost  is ₽62717 per week

₽46995
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7369
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽510
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7844
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽41621
₽33971
₽32597
₽37282
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
63 000
income
-
-
-
9 450
unemployment
-
-
-
130
health
-
-
-
3 751
pensions

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

-
-
-
4 828
total
-
-
-
18 159
Employee
16 213
-
56 600
-
accident

We are using the highest rate at 1.1%.

179
-
359
-
pensions

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

1 423
-
2 864
-
income
1 621
-
5 660
-
health
746
-
1 501
-
total
3 969
-
10 384
-
Employer
16 213
-
56 600
-
health
1 119
-
2 251
-
pensions

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

1 787
-
3 595
-
accident

We are using the highest rate at 1.1%.

179
-
359
-
unemployment
97
-
196
-
total
3 182
-
6 401
-
Corporate
43 606
63 000
-
-
income
4 360
6 300
-
-
total
4 360
6 300
-
-
Dividends
39 246
56 700
-
-
withholding
1 963
2 835
-
-
total
1 963
2 835
-
-
Income
63 000
63 000
63 000
63 000
Total tax
13 474
9 135
16 785
18 159
After tax
49 526
53 865
46 215
44 841
Living cost
12 244
12 244
12 244
12 244
Free-cash
37 282
41 621
33 971
32 597

Estimated living cost  is ₽12244 per week

₽7148
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽874
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽324
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3897
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽37132
-₽42373
-₽15843
-₽38717
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
63 000
income
-
-
-
6 676
health
-
-
-
9 456
pensions
-
-
-
10 939
total
-
-
-
27 071
Employee
86 561
79 730
79 730
-
pensions
10 939
10 939
14 351
-
income

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

13 051
13 051
13 051
-
health
10 799
10 409
12 238
-
total
34 789
34 399
39 640
-
Employer
86 561
79 730
79 730
-
health
6 015
5 542
5 542
-
pensions
6 024
5 549
5 549
-
unemployment
3 117
2 870
2 870
-
total
15 156
13 961
13 961
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
63 000
63 000
63 000
63 000
Total tax
49 945
48 360
53 601
27 071
After tax
13 055
14 640
9 399
35 929
Living cost
51 772
51 772
51 772
51 772
Free-cash
-38 717
-37 132
-42 373
-15 843

Estimated living cost  is ₽51772 per week

₽38191
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4624
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽594
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8365
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽20561
₽9155
₽7869
₽12421
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
63 000
income
-
-
-
5 415
social contributions
-
-
-
18 396
solidarity contribution
-
-
-
-
health
-
-
-
8 505
total
-
-
-
32 316
Employee
33 551
-
47 015
-
solidarity contribution
-
-
-
-
social contributions
2 181
-
3 056
-
income
4 026
-
5 642
-
health
4 529
-
6 347
-
total
10 736
-
15 045
-
Employer
33 551
-
47 015
-
health
3 020
-
4 231
-
social contributions
8 388
-
11 754
-
total
11 408
-
15 985
-
Corporate
18 041
63 000
-
-
income
3 428
11 970
-
-
total
3 428
11 970
-
-
Dividends
14 613
51 030
-
-
withholding
2 192
7 654
-
-
total
2 192
7 654
-
-
Income
63 000
63 000
63 000
63 000
Total tax
27 764
19 624
31 030
32 316
After tax
35 236
43 376
31 970
30 684
Living cost
22 815
22 815
22 815
22 815
Free-cash
12 421
20 561
9 155
7 869

Estimated living cost  is ₽22815 per week

₽15848
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1623
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽449
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4896
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽5783
-₽8753
-₽5191
-₽19977
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
regional
-
-
-
646
municipal
-
-
-
374
national
-
-
-
11 571
total
-
-
-
28 794
Employee
82 977
-
63 000
-
municipal
439
-
335
-
national
14 378
-
10 211
-
regional
783
-
566
-
social contributions
27 980
-
21 244
-
total
43 580
-
32 356
-
Employer
82 977
-
63 000
-
total
-
-
-
-
Corporate
-
63 000
-
-
municipal
-
2 457
-
-
nationa
-
15 120
-
-
total
-
17 577
-
-
Dividends
-
45 422
-
-
withholding
-
11 809
-
-
total
-
11 809
-
-
Income
63 000
63 000
63 000
63 000
Total tax
43 580
29 386
32 356
28 794
After tax
19 420
33 614
30 644
34 206
Living cost
39 397
39 397
39 397
39 397
Free-cash
-19 977
-5 783
-8 753
-5 191

Estimated living cost  is ₽39397 per week

₽27463
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2583
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽604
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8746
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽19024
₽12838
₽14218
₽16120
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
10 069
other
-
-
-
-
surtax
-
-
-
826
unemployment
-
-
-
213
health
-
-
-
4 472
pensions
-
-
-
12 599
total
-
-
-
28 179
Employee
30 875
-
52 045
-
other
-
-
-
-
unemployment
2 149
-
3 622
-
pensions
2 059
-
3 471
-
surtax
101
-
721
-
income
5 175
-
9 463
-
health
788
-
1 327
-
total
10 272
-
18 604
-
Employer
30 875
-
52 045
-
health
1 405
-
2 367
-
pensions
4 116
-
6 938
-
unemployment
978
-
1 650
-
other
-
-
-
-
total
6 499
-
10 955
-
Corporate
25 626
63 000
-
-
income
6 662
16 380
-
-
total
6 662
16 380
-
-
Dividends
18 964
46 620
-
-
withholding
2 844
6 993
-
-
total
2 844
6 993
-
-
Income
63 000
63 000
63 000
63 000
Total tax
26 277
23 373
29 559
28 179
After tax
36 723
39 627
33 441
34 821
Living cost
20 603
20 603
20 603
20 603
Free-cash
16 120
19 024
12 838
14 218

Estimated living cost  is ₽20603 per week

₽12597
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1901
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽475
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5629
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽4356
-₽2400
₽4269
-₽4034
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
11 780
pensions
-
-
-
4 104
total
-
-
-
15 884
Employee
59 468
-
55 980
-
pensions
5 047
-
4 630
-
income
10 710
-
10 112
-
health
863
-
791
-
total
16 620
-
15 533
-
Employer
59 468
-
55 980
-
health
1 130
-
1 064
-
pensions
6 437
-
5 956
-
total
7 567
-
7 020
-
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
24 187
15 797
22 553
15 884
After tax
38 813
47 203
40 447
47 116
Living cost
42 847
42 847
42 847
42 847
Free-cash
-4 034
4 356
-2 400
4 269

Estimated living cost  is ₽42847 per week

₽32100
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3211
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽448
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7086
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽45022
-₽23790
-₽20569
-₽31629
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
63 000
other

This will depend on a canton and a chosen fund. The rate is between 0.3% and 3.4% with a maximum base of 148,200 CHF. We use 2% as an average rate.

-
-
-
1 259
regional
-
-
-
1 561
health
-
-
-
241
city
-
-
-
664
national
-
-
-
218
pensions
-
-
-
5 797
total
-
-
-
9 740
Employee
86 398
-
56 388
-
unemployment
-
-
-
-
pensions
7 259
-
4 737
-
national
409
-
180
-
regional
2 829
-
1 320
-
city
927
-
605
-
health
195
-
127
-
total
11 619
-
6 969
-
Employer
86 398
-
56 388
-
health
195
-
127
-
pensions
7 259
-
4 737
-
unemployment
-
-
-
-
other

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

1 727
-
1 128
-
total
9 181
-
5 992
-
Corporate
-
63 000
-
-
regional
-
13 325
-
-
national
-
5 355
-
-
total
-
18 680
-
-
Dividends
-
44 321
-
-
withholding
-
15 513
-
-
total
-
15 513
-
-
Income
63 000
63 000
63 000
63 000
Total tax
20 800
34 193
12 961
9 740
After tax
42 200
28 807
50 039
53 260
Living cost
73 829
73 829
73 829
73 829
Free-cash
-31 629
-45 022
-23 790
-20 569

Estimated living cost  is ₽73829 per week

₽48010
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6625
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽906
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18287
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽11476
₽4652
₽1293
₽3662
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
63 000
income

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

-
-
-
8 719
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.

-
-
-
480
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.

-
-
-
6 378
trade
-
-
-
3 359
total
-
-
-
18 936
Employee

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

56 111
-
63 000
-
surtax

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

363
-
480
-
income

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

6 598
-
8 719
-
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.

6 378
-
6 378
-
total
13 339
-
15 577
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
6 889
63 000
-
-
income
1 033
9 451
-
-
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.

57
519
-
-
chamber of commerce
151
230
-
-
trade
1 182
10 804
-
-
total
2 423
21 004
-
-
Dividends
4 467
41 996
-
-
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.

43
558
-
-
withholding
762
10 143
-
-
total
805
10 701
-
-
Income
63 000
63 000
63 000
63 000
Total tax
16 567
31 705
15 577
18 936
After tax
46 433
31 295
47 423
44 064
Living cost
42 771
42 771
42 771
42 771
Free-cash
3 662
-11 476
4 652
1 293

Estimated living cost  is ₽42771 per week

₽31238
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3421
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽556
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7557
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽190
₽5933
₽5602
₽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
income
-
-
-
3 288
other
-
-
-
1 953
surtax
-
-
-
-
social contributions
-
-
-
1 795
health
-
-
-
544
pensions
-
-
-
17 875
total
-
-
-
25 455
Employee
39 959
-
48 007
-
pensions
4 518
-
5 431
-
surtax
-
-
-
-
social contributions
1 139
-
1 368
-
income
2 358
-
3 331
-
total
8 015
-
10 130
-
Employer
39 959
-
48 007
-
health
2 798
-
3 361
-
pensions
6 564
-
7 888
-
unemployment
1 618
-
1 944
-
social contributions
120
-
144
-
other
1 378
-
1 657
-
total
12 478
-
14 994
-
Corporate
10 562
63 000
-
-
income
2 957
17 640
-
-
surtax
-
-
-
-
total
2 957
17 640
-
-
Dividends
7 605
45 360
-
-
surtax
-
-
-
-
social contributions
1 308
7 801
-
-
withholding
973
5 806
-
-
total
2 281
13 607
-
-
Income
63 000
63 000
63 000
63 000
Total tax
25 731
31 247
25 124
25 455
After tax
37 269
31 753
37 876
37 545
Living cost
31 943
31 943
31 943
31 943
Free-cash
5 326
-190
5 933
5 602

Estimated living cost  is ₽31943 per week

₽20142
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2597
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽544
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8662
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽2975
₽9098
₽8767
₽8164
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
63 000
income
-
-
-
3 288
other
-
-
-
1 953
surtax
-
-
-
-
social contributions
-
-
-
1 795
health
-
-
-
544
pensions
-
-
-
17 875
total
-
-
-
25 455
Employee
35 669
-
48 007
-
pensions
4 034
-
5 431
-
surtax
-
-
-
-
social contributions
1 017
-
1 368
-
income
1 839
-
3 331
-
total
6 890
-
10 130
-
Employer
35 669
-
48 007
-
health
2 496
-
3 361
-
pensions
5 861
-
7 888
-
unemployment
1 444
-
1 944
-
social contributions
106
-
144
-
other
1 231
-
1 657
-
total
11 138
-
14 994
-
Corporate
16 192
63 000
-
-
income
4 534
17 640
-
-
surtax
-
-
-
-
total
4 534
17 640
-
-
Dividends
11 658
45 360
-
-
surtax
-
-
-
-
social contributions
2 004
7 801
-
-
withholding
1 492
5 806
-
-
total
3 496
13 607
-
-
Income
63 000
63 000
63 000
63 000
Total tax
26 058
31 247
25 124
25 455
After tax
36 942
31 753
37 876
37 545
Living cost
28 778
28 778
28 778
28 778
Free-cash
8 164
2 975
9 098
8 767

Estimated living cost  is ₽28778 per week

₽16690
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2923
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.
₽8620
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽18636
₽17621
₽20659
₽19122
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
63 000
income
-
-
-
9 451
social contributions
-
-
-
8 694
health
-
-
-
4 398
total
-
-
-
22 543
Employee
31 656
-
63 000
-
social contributions
4 369
-
8 694
-
income
5 280
-
12 489
-
health
2 209
-
4 398
-
total
11 858
-
25 581
-
Employer
31 656
-
63 000
-
total
-
-
-
-
Corporate
31 344
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%.

1 568
3 150
-
-
total
1 568
3 150
-
-
Dividends
29 776
59 850
-
-
social contributions
4 109
8 260
-
-
withholding
4 467
8 978
-
-
health
2 078
4 178
-
-
total
10 654
21 416
-
-
Income
63 000
63 000
63 000
63 000
Total tax
24 080
24 566
25 581
22 543
After tax
38 920
38 434
37 419
40 457
Living cost
19 798
19 798
19 798
19 798
Free-cash
19 122
18 636
17 621
20 659

Estimated living cost  is ₽19798 per week

₽13249
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1221
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.
₽4871
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽2931
-₽10178
₽1247
₽1337
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
63 000
income
-
-
-
6 219
surtax
-
-
-
184
unemployment
-
-
-
5 726
chamber of commerce
-
-
-
252
health
-
-
-
4 819
pensions
-
-
-
11 655
total
-
-
-
28 855
Employee
46 660
37 207
48 776
-
other
466
372
487
-
unemployment
1 400
1 116
1 463
-
pensions
4 778
3 809
4 995
-
income
5 312
2 744
5 920
-
health
1 805
1 440
1 887
-
total
13 761
9 481
14 752
-
Employer
46 660
37 207
48 776
-
chamber of commerce
186
149
195
-
health
1 763
1 407
1 844
-
pensions
5 856
4 670
6 121
-
accident
606
484
634
-
unemployment
1 400
1 116
1 463
-
surtax
184
184
184
-
payroll
1 400
1 116
1 463
-
other
2 216
1 766
2 317
-
total
13 611
10 892
14 221
-
Corporate
3 544
14 900
45 233
-
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.

886
3 724
11 307
-
total
886
3 724
11 307
-
Dividends
1 844
11 175
-
-
withholding
507
3 074
-
-
total
507
3 074
-
-
Income
63 000
63 000
63 000
63 000
Total tax
28 765
27 171
40 280
28 855
After tax
34 235
35 829
22 720
34 145
Living cost
32 898
32 898
32 898
32 898
Free-cash
1 337
2 931
-10 178
1 247

Estimated living cost  is ₽32898 per week

₽21942
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2806
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽540
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7610
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽1403
-₽7657
-₽1589
-₽23225
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
63 000
communal

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

-
-
-
3 288
social contributions
-
-
-
8 187
national
-
-
-
19 072
total
-
-
-
30 547
Employee

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

66 785
-
48 794
-
unemployment

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

581
-
425
-
communal

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

3 483
-
2 544
-
pensions

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

5 009
-
3 659
-
national
20 532
-
13 493
-
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.

3 138
-
2 294
-
total
32 743
-
22 415
-
Employer

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

66 785
-
48 794
-
health

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

4 107
-
3 000
-
pensions

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

5 918
-
4 323
-
accident

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

868
-
634
-
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.

974
-
712
-
surtax
7 573
-
5 531
-
total
19 440
-
14 200
-
Corporate
-
63 000
-
-
income
-
12 599
-
-
surtax
-
252
-
-
total
-
12 851
-
-
Dividends
-
50 149
-
-
withholding

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

-
14 704
-
-
total
-
14 704
-
-
Income
63 000
63 000
63 000
63 000
Total tax
52 183
27 555
36 615
30 547
After tax
10 817
35 445
26 385
32 453
Living cost
34 042
34 042
34 042
34 042
Free-cash
-23 225
1 403
-7 657
-1 589

Estimated living cost  is ₽34042 per week

₽21928
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2977
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.
₽8606
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽8798
₽846
₽401
₽1177
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
9 980
other
-
-
-
64
unemployment
-
-
-
441
pensions
-
-
-
17 829
total
-
-
-
28 881
Employee
46 475
-
47 770
-
other
46
-
48
-
unemployment
721
-
741
-
pensions
2 185
-
2 245
-
income
9 806
-
10 171
-
total
12 758
-
13 205
-
Employer
46 475
-
47 770
-
pensions
10 967
-
11 274
-
accident
920
-
946
-
unemployment
2 557
-
2 628
-
other
370
-
383
-
total
14 814
-
15 231
-
Corporate
1 711
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.

257
9 451
-
-
total
257
9 451
-
-
Dividends
1 454
53 549
-
-
withholding
276
11 033
-
-
total
276
11 033
-
-
Income
63 000
63 000
63 000
63 000
Total tax
28 105
20 484
28 436
28 881
After tax
34 895
42 516
34 564
34 119
Living cost
33 718
33 718
33 718
33 718
Free-cash
1 177
8 798
846
401

Estimated living cost  is ₽33718 per week

₽24830
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2392
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽485
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6010
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽11460
-₽8708
-₽9906
-₽16152
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
63 000
communal
-
-
-
-
accident
-
-
-
567
income
-
-
-
3 462
surtax
-
-
-
3 334
health
-
-
-
4 725
pensions
-
-
-
10 080
total
-
-
-
22 168
Employee
70 705
-
56 276
-
pensions
5 656
-
4 502
-
surtax
4 334
-
3 450
-
income
6 829
-
3 790
-
health
3 147
-
2 504
-
total
19 966
-
14 246
-
Employer
70 705
-
56 276
-
health
2 156
-
1 715
-
pensions
5 656
-
4 502
-
accident
636
-
507
-
total
8 448
-
6 724
-
Corporate
-
63 000
-
-
communal
-
4 252
-
-
income
-
9 451
-
-
surtax
-
661
-
-
total
-
14 364
-
-
Dividends
-
48 636
-
-
income
-
2 062
-
-
withholding
-
7 296
-
-
total
-
9 358
-
-
Income
63 000
63 000
63 000
63 000
Total tax
28 414
23 722
20 970
22 168
After tax
34 586
39 278
42 030
40 832
Living cost
50 738
50 738
50 738
50 738
Free-cash
-16 152
-11 460
-8 708
-9 906

Estimated living cost  is ₽50738 per week

₽38061
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.
₽9064
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Luxembourg model

Close
Athens , Greece
₽18656
₽12470
₽13850
₽15684
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
10 069
other
-
-
-
-
surtax
-
-
-
826
unemployment
-
-
-
213
health
-
-
-
4 472
pensions
-
-
-
12 599
total
-
-
-
28 179
Employee
31 442
-
52 045
-
other
-
-
-
-
unemployment
2 188
-
3 622
-
pensions
2 098
-
3 471
-
surtax
112
-
721
-
income
5 271
-
9 463
-
health
803
-
1 327
-
total
10 472
-
18 604
-
Employer
31 442
-
52 045
-
health
1 430
-
2 367
-
pensions
4 192
-
6 938
-
unemployment
998
-
1 650
-
other
-
-
-
-
total
6 620
-
10 955
-
Corporate
24 939
63 000
-
-
income
6 485
16 380
-
-
total
6 485
16 380
-
-
Dividends
18 454
46 620
-
-
withholding
2 768
6 993
-
-
total
2 768
6 993
-
-
Income
63 000
63 000
63 000
63 000
Total tax
26 345
23 373
29 559
28 179
After tax
36 655
39 627
33 441
34 821
Living cost
20 971
20 971
20 971
20 971
Free-cash
15 684
18 656
12 470
13 850

Estimated living cost  is ₽20971 per week

₽12661
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1823
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽487
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6001
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽7963
₽5211
₽8750
₽5891
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
regional
-
-
-
951
municipal
-
-
-
374
national
-
-
-
11 571
total
-
-
-
29 099
Employee
51 791
-
63 000
-
municipal
275
-
335
-
national
8 205
-
10 211
-
regional
697
-
848
-
social contributions
17 464
-
21 244
-
total
26 641
-
32 638
-
Employer
51 791
-
63 000
-
total
-
-
-
-
Corporate
11 209
63 000
-
-
municipal
556
3 131
-
-
nationa
2 690
15 120
-
-
total
3 246
18 251
-
-
Dividends
7 963
44 749
-
-
withholding
2 071
11 635
-
-
total
2 071
11 635
-
-
Income
63 000
63 000
63 000
63 000
Total tax
31 958
29 886
32 638
29 099
After tax
31 042
33 114
30 362
33 901
Living cost
25 151
25 151
25 151
25 151
Free-cash
5 891
7 963
5 211
8 750

Estimated living cost  is ₽25151 per week

₽15641
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2548
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽431
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6531
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Naples model

Close
Prague , Czech Republic
₽15262
₽3856
₽2570
₽5233
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
63 000
income
-
-
-
5 415
social contributions
-
-
-
18 396
solidarity contribution
-
-
-
-
health
-
-
-
8 505
total
-
-
-
32 316
Employee
41 344
-
47 015
-
solidarity contribution
-
-
-
-
social contributions
2 687
-
3 056
-
income
4 961
-
5 642
-
health
5 581
-
6 347
-
total
13 229
-
15 045
-
Employer
41 344
-
47 015
-
health
3 721
-
4 231
-
social contributions
10 336
-
11 754
-
total
14 057
-
15 985
-
Corporate
7 599
63 000
-
-
income
1 444
11 970
-
-
total
1 444
11 970
-
-
Dividends
6 155
51 030
-
-
withholding
923
7 654
-
-
total
923
7 654
-
-
Income
63 000
63 000
63 000
63 000
Total tax
29 653
19 624
31 030
32 316
After tax
33 347
43 376
31 970
30 684
Living cost
28 114
28 114
28 114
28 114
Free-cash
5 233
15 262
3 856
2 570

Estimated living cost  is ₽28114 per week

₽20907
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1557
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5163
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽6143
-₽7030
₽4542
₽5678
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
63 000
income
-
-
-
6 219
surtax
-
-
-
-
unemployment
-
-
-
5 726
chamber of commerce
-
-
-
252
health
-
-
-
4 819
pensions
-
-
-
11 655
total
-
-
-
28 671
Employee
40 813
37 207
48 921
-
other
408
372
489
-
unemployment
1 224
1 116
1 467
-
pensions
4 180
3 809
5 009
-
income
3 636
2 744
5 960
-
health
1 579
1 440
1 894
-
total
11 027
9 481
14 819
-
Employer
40 813
37 207
48 921
-
chamber of commerce
163
149
195
-
health
1 543
1 407
1 850
-
pensions
5 122
4 670
6 139
-
accident
530
484
636
-
unemployment
1 224
1 116
1 467
-
surtax
-
-
-
-
payroll
1 224
1 116
1 467
-
other
1 938
1 766
2 325
-
total
11 744
10 708
14 079
-
Corporate
10 442
15 084
45 378
-
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.

2 610
3 770
11 345
-
total
2 610
3 770
11 345
-
Dividends
7 832
11 314
-
-
withholding
2 154
3 111
-
-
total
2 154
3 111
-
-
Income
63 000
63 000
63 000
63 000
Total tax
27 535
27 070
40 243
28 671
After tax
35 465
35 930
22 757
34 329
Living cost
29 787
29 787
29 787
29 787
Free-cash
5 678
6 143
-7 030
4 542

Estimated living cost  is ₽29787 per week

₽17868
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3042
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽532
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8345
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽48126
₽38676
₽50646
₽45928
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
14 655
-
63 000
-
income
2 931
-
12 600
-
total
2 931
-
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%.

48 345
63 000
-
-
total
-
-
-
-
Dividends
48 345
63 000
-
-
withholding
2 417
3 150
-
-
total
2 417
3 150
-
-
Income
63 000
63 000
63 000
63 000
Total tax
5 348
3 150
12 600
630
After tax
57 652
59 850
50 400
62 370
Living cost
11 724
11 724
11 724
11 724
Free-cash
45 928
48 126
38 676
50 646

Estimated living cost  is ₽11724 per week

₽7934
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽492
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽393
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2905
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽18333
₽7077
₽8883
₽10523
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

A sole-trader pays social contribution from 75% of the assessed income made in the last year.

The minimum monthly assessed income used to calculate contributions is 60% of the insured's average monthly wage in the last year.

The maximum assessed income used to calculate contributions is 3.5 times the insured's average monthly wage in the last year.

-
-
-
63 000
income
-
-
-
11 275
unemployment
-
-
-
94
health
-
-
-
6 199
pensions
-
-
-
11 506
total
-
-
-
29 074
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.

41 286
-
54 513
-
unemployment
58
-
76
-
pensions
6 400
-
8 450
-
income
7 120
-
10 345
-
health
2 667
-
3 522
-
total
16 245
-
22 393
-
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.

41 286
-
54 513
-
health
2 750
-
3 630
-
pensions
3 653
-
4 825
-
unemployment
25
-
32
-
total
6 428
-
8 487
-
Corporate
15 286
63 000
-
-
income
2 904
11 970
-
-
total
2 904
11 970
-
-
Dividends
12 382
51 030
-
-
withholding
1 857
7 654
-
-
total
1 857
7 654
-
-
Income
63 000
63 000
63 000
63 000
Total tax
27 434
19 624
30 880
29 074
After tax
35 566
43 376
32 120
33 926
Living cost
25 043
25 043
25 043
25 043
Free-cash
10 523
18 333
7 077
8 883

Estimated living cost  is ₽25043 per week

₽17186
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1605
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽485
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5767
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽1556
₽10955
₽3653
-₽74828
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
63 000
income
-
-
-
12 280
social contributions
-
-
-
7 182
total
-
-
-
19 462
Employee
57 190
-
-
-
social contributions
4 690
-
668
-
income
12 615
-
-
-
total
17 305
-
668
-
Employer
57 190
-
-
-
social contributions
80 638
-
11 492
-
total
80 638
-
11 492
-
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
97 943
24 671
12 160
19 462
After tax
-34 943
38 329
50 840
43 538
Living cost
39 885
39 885
39 885
39 885
Free-cash
-74 828
-1 556
10 955
3 653

Estimated living cost  is ₽39885 per week

₽25879
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3751
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽508
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9747
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽6549
₽4587
₽6706
₽5608
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

Based on articles 30.º, 31.º and 151.º of CIRS, sole-trader can use 75% of income as a tax base when earnings are below €200,000 per annum.

-
-
-
63 000
income
-
-
-
5 116
surtax
-
-
-
-
social contributions

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

-
-
-
21 892
total
-
-
-
27 008
Employee
42 941
-
50 909
-
surtax
-
-
-
-
social contributions
4 724
-
5 601
-
income
8 932
-
11 435
-
total
13 656
-
17 036
-
Employer
42 941
-
50 909
-
social contributions
10 198
-
12 091
-
total
10 198
-
12 091
-
Corporate
9 861
63 000
-
-
income
2 071
13 230
-
-
surtax
-
-
-
-
total
2 071
13 230
-
-
Dividends
7 790
49 770
-
-
withholding
2 181
13 935
-
-
total
2 181
13 935
-
-
Income
63 000
63 000
63 000
63 000
Total tax
28 106
27 165
29 127
27 008
After tax
34 894
35 835
33 873
35 992
Living cost
29 286
29 286
29 286
29 286
Free-cash
5 608
6 549
4 587
6 706

Estimated living cost  is ₽29286 per week

₽21912
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1727
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽489
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5158
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽13341
-₽7218
-₽7549
-₽13738
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
63 000
income
-
-
-
3 288
other
-
-
-
1 953
surtax
-
-
-
-
social contributions
-
-
-
1 795
health
-
-
-
544
pensions
-
-
-
17 875
total
-
-
-
25 455
Employee
58 476
-
48 007
-
pensions
6 614
-
5 431
-
surtax
-
-
-
-
social contributions
1 665
-
1 368
-
income
5 102
-
3 331
-
total
13 381
-
10 130
-
Employer
58 476
-
48 007
-
health
4 093
-
3 361
-
pensions
9 608
-
7 888
-
unemployment
2 369
-
1 944
-
social contributions
175
-
144
-
other
2 018
-
1 657
-
total
18 263
-
14 994
-
Corporate
-
63 000
-
-
income
-
17 640
-
-
surtax
-
-
-
-
total
-
17 640
-
-
Dividends
-
45 360
-
-
surtax
-
-
-
-
social contributions
-
7 801
-
-
withholding
-
5 806
-
-
total
-
13 607
-
-
Income
63 000
63 000
63 000
63 000
Total tax
31 644
31 247
25 124
25 455
After tax
31 356
31 753
37 876
37 545
Living cost
45 094
45 094
45 094
45 094
Free-cash
-13 738
-13 341
-7 218
-7 549

Estimated living cost  is ₽45094 per week

₽30519
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3689
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽618
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10267
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28635
₽22512
₽20743
₽25498
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
331
social contributions
-
-
-
13 861
total
-
-
-
14 192
Employee
30 016
-
54 545
-
income
-
-
423
-
social contributions
1 951
-
3 545
-
total
1 951
-
3 968
-
Employer
30 016
-
54 545
-
social contributions
4 653
-
8 455
-
total
4 653
-
8 455
-
Corporate
28 331
63 000
-
-
income
2 833
6 300
-
-
total
2 833
6 300
-
-
Dividends
25 498
56 700
-
-
total
-
-
-
-
Income
63 000
63 000
63 000
63 000
Total tax
9 437
6 300
12 423
14 192
After tax
53 563
56 700
50 577
48 808
Living cost
28 065
28 065
28 065
28 065
Free-cash
25 498
28 635
22 512
20 743

Estimated living cost  is ₽28065 per week

₽18147
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2116
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.
₽7275
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽140433
-₽140433
-₽4676
-₽140433
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
63 000
labour market
-
-
-
4 975
municipal
-
-
-
10 706
national
-
-
-
6 219
pensions
-
-
-
809
total
-
-
-
22 709
Employee
189 796
189 796
189 796
-
municipal
40 416
40 416
40 416
-
labour market
15 162
15 162
15 162
-
pensions
270
270
270
-
national
23 187
23 187
23 187
-
total
79 035
79 035
79 035
-
Employer
189 796
189 796
189 796
-
national
23 227
23 227
23 227
-
labour market
15 184
15 184
15 184
-
pensions
540
540
540
-
municipal
40 480
40 480
40 480
-
total
79 431
79 431
79 431
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
63 000
63 000
63 000
63 000
Total tax
158 466
158 466
158 466
22 709
After tax
-95 466
-95 466
-95 466
40 291
Living cost
44 967
44 967
44 967
44 967
Free-cash
-140 433
-140 433
-140 433
-4 676

Estimated living cost  is ₽44967 per week

₽30776
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3978
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽692
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9522
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽15430
₽12060
₽22909
₽1954
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
239
income
-
-
-
12 961
other
-
-
-
351
health
-
-
-
2 066
pensions
-
-
-
3 941
total
-
-
-
19 558
Employee
32 300
-
52 334
-
pensions
3 637
-
5 893
-
income
4 431
-
7 856
-
health
3 699
-
5 992
-
total
11 767
-
19 741
-
Employer
32 300
-
52 334
-
pensions
5 252
-
8 510
-
accident
539
-
874
-
unemployment
791
-
1 282
-
total
6 582
-
10 666
-
Corporate
24 118
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.

21 706
56 700
-
-
total
21 706
56 700
-
-
Dividends
2 412
6 300
-
-
withholding
458
1 197
-
-
total
458
1 197
-
-
Income
63 000
63 000
63 000
63 000
Total tax
40 513
57 897
30 407
19 558
After tax
22 487
5 103
32 593
43 442
Living cost
20 533
20 533
20 533
20 533
Free-cash
1 954
-15 430
12 060
22 909

Estimated living cost  is ₽20533 per week

₽14946
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1171
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽385
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4031
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽7355
₽2496
₽11705
₽3192
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
581
municipal
-
-
-
11 235
national
-
-
-
3 634
total
-
-
-
15 450
Employee
49 121
-
53 000
-
municipal
8 046
-
8 676
-
unemployment
737
-
796
-
pensions
3 315
-
3 577
-
national
811
-
1 182
-
health
367
-
427
-
total
13 276
-
14 658
-
Employer
49 121
-
53 000
-
health
377
-
408
-
pensions
8 522
-
9 196
-
accident
50
-
53
-
unemployment
319
-
344
-
total
9 268
-
10 001
-
Corporate
4 610
63 000
-
-
income
921
12 599
-
-
total
921
12 599
-
-
Dividends

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

2 767
37 801
-
-
municipal
498
6 804
-
-
national
-
397
-
-
total
498
7 201
-
-
Income
63 000
63 000
63 000
63 000
Total tax
23 963
19 800
24 659
15 450
After tax
39 037
43 200
38 341
47 550
Living cost
35 845
35 845
35 845
35 845
Free-cash
3 192
7 355
2 496
11 705

Estimated living cost  is ₽35845 per week

₽23414
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3448
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽571
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8414
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽20271
₽22774
₽26447
₽19593
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
63 000
income
-
-
-
3 501
social contributions
-
-
-
9 828
health
-
-
-
1 607
total
-
-
-
14 936
Employee
71 793
71 793
71 793
-
social contributions
2 714
5 958
4 747
-
income
7 817
6 646
7 084
-
health
556
1 221
973
-
total
11 087
13 825
12 804
-
Employer
71 793
71 793
71 793
-
health
604
1 329
1 058
-
social contributions
2 714
5 958
4 747
-
total
3 318
7 287
5 805
-
Corporate
26 977
-
-
-
income
3 372
-
-
-
total
3 372
-
-
-
Dividends
23 605
-
-
-
withholding
4 013
-
-
-
total
4 013
-
-
-
Income
63 000
63 000
63 000
63 000
Total tax
21 790
21 112
18 609
14 936
After tax
41 210
41 888
44 391
48 064
Living cost
21 617
21 617
21 617
21 617
Free-cash
19 593
20 271
22 774
26 447

Estimated living cost  is ₽21617 per week

₽12955
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2121
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽478
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽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

Source of data for Larnaca model

Close
Podgorica , Montenegro
₽37347
₽24140
₽33259
₽32596
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

By law (Article 9 §1 (7); Article 10 §1 (7); Article 11 §1 (5)) a social contribution base is set as:

  • up to €9,000.00, 60% of the average monthly wage in Montenegro
  • up to €15,000.00, 100% of the average monthly wage in Montenegro
  • in excess of €15,000, 150% of the average monthly wage in Montenegro
-
-
-
63 000
income
-
-
-
5 572
unemployment
-
-
-
27
health
-
-
-
3 379
pensions
-
-
-
5 939
total
-
-
-
14 917
Employee

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

21 431
-
57 118
-
unemployment
106
-
285
-
pensions
3 214
-
8 568
-
income
1 465
-
4 446
-
health
1 821
-
4 855
-
total
6 606
-
18 154
-
Employer

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

21 431
-
57 118
-
health
921
-
2 456
-
pensions
1 178
-
3 141
-
unemployment
106
-
285
-
total
2 205
-
5 882
-
Corporate
39 364
63 000
-
-
income
3 544
5 670
-
-
total
3 544
5 670
-
-
Dividends
35 820
57 330
-
-
withholding
3 225
5 159
-
-
total
3 225
5 159
-
-
Income
63 000
63 000
63 000
63 000
Total tax
15 580
10 829
24 036
14 917
After tax
47 420
52 171
38 964
48 083
Living cost
14 824
14 824
14 824
14 824
Free-cash
32 596
37 347
24 140
33 259

Estimated living cost  is ₽14824 per week

₽9458
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1068
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.
₽3855
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽16842
₽8890
₽8445
₽11946
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
9 980
other
-
-
-
64
unemployment
-
-
-
441
pensions
-
-
-
17 829
total
-
-
-
28 881
Employee
34 523
-
47 770
-
other
34
-
48
-
unemployment
535
-
741
-
pensions
1 623
-
2 245
-
income
6 656
-
10 171
-
total
8 848
-
13 205
-
Employer
34 523
-
47 770
-
pensions
8 147
-
11 274
-
accident
684
-
946
-
unemployment
1 899
-
2 628
-
other
276
-
383
-
total
11 006
-
15 231
-
Corporate
17 471
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.

2 620
9 451
-
-
total
2 620
9 451
-
-
Dividends
14 851
53 549
-
-
withholding
2 906
11 033
-
-
total
2 906
11 033
-
-
Income
63 000
63 000
63 000
63 000
Total tax
25 380
20 484
28 436
28 881
After tax
37 620
42 516
34 564
34 119
Living cost
25 674
25 674
25 674
25 674
Free-cash
11 946
16 842
8 890
8 445

Estimated living cost  is ₽25674 per week

₽17330
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2468
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽450
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5427
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽37421
₽37813
₽37949
₽37109
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
63 000
income
-
-
-
20 781
health
-
-
-
1 000
pensions
-
-
-
1 379
total
-
-
-
23 160
Employee
2 880
-
61 448
-
unemployment
29
-
69
-
pensions
259
-
621
-
income
557
-
20 709
-
health
144
-
345
-
total
989
-
21 744
-
Employer
2 880
-
61 448
-
health
274
-
655
-
pensions
317
-
759
-
unemployment
58
-
138
-
total
649
-
1 552
-
Corporate
59 472
63 000
-
-
income
13 084
13 860
-
-
total
13 084
13 860
-
-
Dividends
46 388
49 140
-
-
withholding
9 278
9 828
-
-
total
9 278
9 828
-
-
Income
63 000
63 000
63 000
63 000
Total tax
24 000
23 688
23 296
23 160
After tax
39 000
39 312
39 704
39 840
Living cost
1 891
1 891
1 891
1 891
Free-cash
37 109
37 421
37 813
37 949

Estimated living cost  is ₽1891 per week

₽1124
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽153
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽43
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽571
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽29371
₽17334
₽14763
₽24776
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

-
-
-
63 000
income
-
-
-
8 277
unemployment
-
-
-
945
health
-
-
-
6 489
pensions
-
-
-
16 380
total
-
-
-
32 091
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.

24 348
-
53 435
-
unemployment
183
-
401
-
pensions
3 409
-
7 481
-
income
3 356
-
9 321
-
health
1 254
-
2 752
-
total
8 202
-
19 955
-
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.

24 348
-
53 435
-
health
1 254
-
2 752
-
pensions
2 922
-
6 412
-
unemployment
183
-
401
-
total
4 359
-
9 565
-
Corporate
34 294
63 000
-
-
income
5 144
9 450
-
-
total
5 144
9 450
-
-
Dividends
29 150
53 550
-
-
withholding
4 372
8 033
-
-
total
4 372
8 033
-
-
Income
63 000
63 000
63 000
63 000
Total tax
22 077
17 483
29 520
32 091
After tax
40 923
45 517
33 480
30 909
Living cost
16 147
16 147
16 147
16 147
Free-cash
24 776
29 371
17 334
14 763

Estimated living cost  is ₽16147 per week

₽10871
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1249
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.
₽3559
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽10664
₽8702
₽10821
₽10325
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

Based on articles 30.º, 31.º and 151.º of CIRS, sole-trader can use 75% of income as a tax base when earnings are below €200,000 per annum.

-
-
-
63 000
income
-
-
-
5 116
surtax
-
-
-
-
social contributions

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

-
-
-
21 892
total
-
-
-
27 008
Employee
36 237
-
50 909
-
surtax
-
-
-
-
social contributions
3 987
-
5 601
-
income
7 081
-
11 435
-
total
11 068
-
17 036
-
Employer
36 237
-
50 909
-
social contributions
8 606
-
12 091
-
total
8 606
-
12 091
-
Corporate
18 157
63 000
-
-
income
3 813
13 230
-
-
surtax
-
-
-
-
total
3 813
13 230
-
-
Dividends
14 344
49 770
-
-
withholding
4 017
13 935
-
-
total
4 017
13 935
-
-
Income
63 000
63 000
63 000
63 000
Total tax
27 504
27 165
29 127
27 008
After tax
35 496
35 835
33 873
35 992
Living cost
25 171
25 171
25 171
25 171
Free-cash
10 325
10 664
8 702
10 821

Estimated living cost  is ₽25171 per week

₽17828
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1749
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.
₽5149
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽9703
₽1751
₽1306
₽2432
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
63 000
accident
-
-
-
567
income
-
-
-
9 980
other
-
-
-
64
unemployment
-
-
-
441
pensions
-
-
-
17 829
total
-
-
-
28 881
Employee
45 091
-
47 770
-
other
44
-
48
-
unemployment
698
-
741
-
pensions
2 119
-
2 245
-
income
9 418
-
10 171
-
total
12 279
-
13 205
-
Employer
45 091
-
47 770
-
pensions
10 641
-
11 274
-
accident
893
-
946
-
unemployment
2 480
-
2 628
-
other
361
-
383
-
total
14 375
-
15 231
-
Corporate
3 533
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.

530
9 451
-
-
total
530
9 451
-
-
Dividends
3 003
53 549
-
-
withholding
571
11 033
-
-
total
571
11 033
-
-
Income
63 000
63 000
63 000
63 000
Total tax
27 755
20 484
28 436
28 881
After tax
35 245
42 516
34 564
34 119
Living cost
32 813
32 813
32 813
32 813
Free-cash
2 432
9 703
1 751
1 306

Estimated living cost  is ₽32813 per week

₽23565
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2551
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽462
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6235
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽37801
₽30151
₽28777
₽32108
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
63 000
income
-
-
-
9 450
unemployment
-
-
-
130
health
-
-
-
3 751
pensions

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

-
-
-
4 828
total
-
-
-
18 159
Employee
21 272
-
56 600
-
accident

We are using the highest rate at 1.1%.

234
-
359
-
pensions

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

1 867
-
2 864
-
income
2 128
-
5 660
-
health
979
-
1 501
-
total
5 208
-
10 384
-
Employer
21 272
-
56 600
-
health
1 468
-
2 251
-
pensions

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

2 344
-
3 595
-
accident

We are using the highest rate at 1.1%.

234
-
359
-
unemployment
128
-
196
-
total
4 174
-
6 401
-
Corporate
37 555
63 000
-
-
income
3 756
6 300
-
-
total
3 756
6 300
-
-
Dividends
33 799
56 700
-
-
withholding
1 690
2 835
-
-
total
1 690
2 835
-
-
Income
63 000
63 000
63 000
63 000
Total tax
14 828
9 135
16 785
18 159
After tax
48 172
53 865
46 215
44 841
Living cost
16 064
16 064
16 064
16 064
Free-cash
32 108
37 801
30 151
28 777

Estimated living cost  is ₽16064 per week

₽10625
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽920
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽383
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4137
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽3458
₽11377
₽8565
₽8759
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
63 000
income

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

-
-
-
8 719
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.

-
-
-
480
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.

-
-
-
6 378
trade
-
-
-
2 812
total
-
-
-
18 389
Employee

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

46 455
-
63 000
-
surtax

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

211
-
480
-
income

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

3 820
-
8 719
-
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.

6 378
-
6 378
-
total
10 409
-
15 577
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
16 545
63 000
-
-
income
2 482
9 451
-
-
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.

136
519
-
-
chamber of commerce
167
234
-
-
trade
2 374
9 040
-
-
total
5 159
19 244
-
-
Dividends
11 386
43 757
-
-
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.

136
583
-
-
withholding
2 491
10 585
-
-
total
2 627
11 168
-
-
Income
63 000
63 000
63 000
63 000
Total tax
18 195
30 412
15 577
18 389
After tax
44 805
32 588
47 423
44 611
Living cost
36 046
36 046
36 046
36 046
Free-cash
8 759
-3 458
11 377
8 565

Estimated living cost  is ₽36046 per week

₽24865
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3878
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽523
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6779
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽9085
-₽4916
-₽4916
-₽10033
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
63 000
income
-
-
-
9 768
social contributions
-
-
-
4 963
total
-
-
-
14 731
Employee
73 032
-
63 000
-
income
13 781
-
9 768
-
social contributions
6 067
-
4 963
-
total
19 848
-
14 731
-
Employer
73 032
-
63 000
-
total
-
-
-
-
Corporate
-
63 000
-
-
income
-
7 876
-
-
total
-
7 876
-
-
Dividends
-
55 124
-
-
withholding
-
11 024
-
-
total
-
11 024
-
-
Income
63 000
63 000
63 000
63 000
Total tax
19 848
18 900
14 731
14 731
After tax
43 152
44 100
48 269
48 269
Living cost
53 185
53 185
53 185
53 185
Free-cash
-10 033
-9 085
-4 916
-4 916

Estimated living cost  is ₽53185 per week

₽40462
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4334
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽509
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7881
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽2125
₽11904
-₽3126
₽7534
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
26 577
health

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

-
-
-
5 657
total
-
-
-
32 234
Employee
42 830
-
58 705
-
income
4 647
-
8 614
-
social contributions
4 291
-
4 295
-
total
8 938
-
12 909
-
Employer
42 830
-
58 705
-
social contributions
4 291
-
4 295
-
total
4 291
-
4 295
-
Corporate
15 878
63 000
-
-
income
5 558
22 050
-
-
total
5 558
22 050
-
-
Dividends
10 320
40 950
-
-
social contributions
2 787
4 933
-
-
total
2 787
4 933
-
-
Income
63 000
63 000
63 000
63 000
Total tax
21 574
26 983
17 204
32 234
After tax
41 426
36 017
45 796
30 766
Living cost
33 892
33 892
33 892
33 892
Free-cash
7 534
2 125
11 904
-3 126

Estimated living cost  is ₽33892 per week

₽22324
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2672
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽519
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8375
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽12370
₽5614
₽12283
₽7078
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
11 780
pensions
-
-
-
4 104
total
-
-
-
15 884
Employee
47 813
-
55 980
-
pensions
3 649
-
4 630
-
income
8 707
-
10 112
-
health
624
-
791
-
total
12 980
-
15 533
-
Employer
47 813
-
55 980
-
health
909
-
1 064
-
pensions
4 831
-
5 956
-
total
5 740
-
7 020
-
Corporate
9 448
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.

1 795
11 970
-
-
total
1 795
11 970
-
-
Dividends
7 653
51 030
-
-
withholding
574
3 827
-
-
total
574
3 827
-
-
Income
63 000
63 000
63 000
63 000
Total tax
21 089
15 797
22 553
15 884
After tax
41 911
47 203
40 447
47 116
Living cost
34 833
34 833
34 833
34 833
Free-cash
7 078
12 370
5 614
12 283

Estimated living cost  is ₽34833 per week

₽23895
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3203
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽436
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7297
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽17463
₽10027
₽20876
₽1640
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
239
income
-
-
-
12 961
other
-
-
-
351
health
-
-
-
2 066
pensions
-
-
-
3 941
total
-
-
-
19 558
Employee
35 497
-
52 334
-
pensions
3 997
-
5 893
-
income
4 870
-
7 856
-
health
4 064
-
5 992
-
total
12 931
-
19 741
-
Employer
35 497
-
52 334
-
pensions
5 772
-
8 510
-
accident
593
-
874
-
unemployment
870
-
1 282
-
total
7 235
-
10 666
-
Corporate
20 269
63 000
-
-
income

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

18 243
56 700
-
-
total
18 243
56 700
-
-
Dividends
2 027
6 300
-
-
withholding
385
1 197
-
-
total
385
1 197
-
-
Income
63 000
63 000
63 000
63 000
Total tax
38 794
57 897
30 407
19 558
After tax
24 206
5 103
32 593
43 442
Living cost
22 566
22 566
22 566
22 566
Free-cash
1 640
-17 463
10 027
20 876

Estimated living cost  is ₽22566 per week

₽16561
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1315
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽4235
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽40937
₽24210
₽24210
₽36397
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 852
unemployment
-
-
-
756
work injury
-
-
-
315
health insurance
-
-
-
4 662
pensions
-
-
-
11 592
total
-
-
-
26 177
Employee

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

20 181
-
63 000
-
health insurance
1 493
-
4 662
-
unemployment
242
-
756
-
work injury
101
-
315
-
pensions
3 713
-
11 592
-
income
2 018
-
8 852
-
total
7 567
-
26 177
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
42 819
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
42 819
63 000
-
-
withholding
6 423
9 450
-
-
total
6 423
9 450
-
-
Income
63 000
63 000
63 000
63 000
Total tax
13 990
9 450
26 177
26 177
After tax
49 010
53 550
36 823
36 823
Living cost
12 613
12 613
12 613
12 613
Free-cash
36 397
40 937
24 210
24 210

Estimated living cost  is ₽12613 per week

₽7814
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽917
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽393
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3489
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽4009
-₽6899
-₽3403
-₽15676
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
regional
-
-
-
1 013
municipal
-
-
-
422
national
-
-
-
11 571
total
-
-
-
29 209
Employee
78 675
-
63 000
-
municipal
470
-
376
-
national
13 295
-
10 211
-
regional
1 188
-
874
-
social contributions
26 529
-
21 244
-
total
41 482
-
32 705
-
Employer
78 675
-
63 000
-
total
-
-
-
-
Corporate
-
63 000
-
-
municipal
-
3 037
-
-
nationa
-
15 120
-
-
total
-
18 157
-
-
Dividends
-
44 843
-
-
withholding
-
11 658
-
-
total
-
11 658
-
-
Income
63 000
63 000
63 000
63 000
Total tax
41 482
29 815
32 705
29 209
After tax
21 518
33 185
30 295
33 791
Living cost
37 194
37 194
37 194
37 194
Free-cash
-15 676
-4 009
-6 899
-3 403

Estimated living cost  is ₽37194 per week

₽26127
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2558
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.
₽7946
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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