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
₽ 63500
per

Your estimated
City
free-cash

Dresden , Germany
₽13848
₽3294
₽18968
₽15956
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
63 500
trade
-
-
-
3 012
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.

-
-
-
8 630
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.

-
-
-
6 520
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.

-
-
-
475
total
-
-
-
18 637
Employee

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

36 503
-
63 500
-
surtax

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

56
-
475
-
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.

6 520
-
6 520
-
income

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

1 020
-
8 630
-
total
7 596
-
15 625
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
26 997
63 500
-
-
trade
4 252
10 001
-
-
income
4 050
9 525
-
-
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
523
-
-
chamber of commerce
183
235
-
-
total
8 708
20 284
-
-
Dividends
18 289
43 216
-
-
withholding
4 209
10 441
-
-
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.

232
574
-
-
total
4 441
11 015
-
-
Income
63 500
63 500
63 500
63 500
Total tax
20 745
31 299
15 625
18 637
After tax
42 755
32 201
47 875
44 863
Living cost
28 907
28 907
28 907
28 907
Free-cash
13 848
3 294
18 968
15 956

Estimated living cost  is ₽28907 per week

₽18184
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3370
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.
₽6813
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽19641
-₽9547
-₽9273
-₽9771
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
63 500
social contributions
-
-
-
683
pensions
-
-
-
7 620
municipal
-
-
-
6 196
national
-
-
-
9 601
total
-
-
-
24 100
Employee
76 224
-
54 895
-
national
14 589
-
9 982
-
municipal
9 415
-
6 442
-
pensions
3 049
-
2 196
-
total
27 053
-
18 620
-
Employer
76 224
-
54 895
-
pensions
6 098
-
4 392
-
social contributions
819
-
590
-
total
6 917
-
4 982
-
Corporate
-
63 500
-
-
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%.

-
12 700
-
-
total
-
12 700
-
-
Dividends
-
50 800
-
-
withholding
-
11 176
-
-
total
-
11 176
-
-
Income
63 500
63 500
63 500
63 500
Total tax
33 970
23 876
23 602
24 100
After tax
29 530
39 624
39 898
39 400
Living cost
49 171
49 171
49 171
49 171
Free-cash
-19 641
-9 547
-9 273
-9 771

Estimated living cost  is ₽49171 per week

₽33421
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4571
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽736
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10443
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽23117
₽30946
₽16302
₽31115
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
63 500
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.

-
-
-
3 005
income
-
-
-
-
microenterprise
-
-
-
9 525
surtax
-
-
-
-
total
-
-
-
12 530
Employee
27 887
-
51 172
-
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.

3 068
-
5 629
-
income
4 964
-
9 388
-
total
8 032
-
15 017
-
Employer
27 887
-
51 172
-
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.

6 717
-
12 326
-
surtax
-
-
-
-
total
6 717
-
12 326
-
Corporate
28 895
63 500
-
-
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%.

5 779
12 699
-
-
total
5 779
12 699
-
-
Dividends

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

23 116
50 801
-
-
total
-
-
-
-
Income
63 500
63 500
63 500
63 500
Total tax
20 528
12 699
27 343
12 530
After tax
42 972
50 801
36 157
50 970
Living cost
19 855
19 855
19 855
19 855
Free-cash
23 117
30 946
16 302
31 115

Estimated living cost  is ₽19855 per week

₽12667
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1891
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽451
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4847
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽31270
-₽25913
-₽31270
-₽3759
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
63 500
income
-
-
-
6 482
pensions
-
-
-
11 182
health
-
-
-
9 615
total
-
-
-
27 279
Employee
81 500
81 500
81 500
-
health
12 509
10 640
12 509
-
pensions
14 670
11 182
14 670
-
income

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

13 340
13 340
13 340
-
total
40 519
35 162
40 519
-
Employer
81 500
81 500
81 500
-
pensions
5 672
5 672
5 672
-
unemployment
2 934
2 934
2 934
-
health
5 665
5 665
5 665
-
total
14 271
14 271
14 271
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Income
63 500
63 500
63 500
63 500
Total tax
54 790
49 433
54 790
27 279
After tax
8 710
14 067
8 710
36 221
Living cost
39 980
39 980
39 980
39 980
Free-cash
-31 270
-25 913
-31 270
-3 759

Estimated living cost  is ₽39980 per week

₽28333
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3604
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽636
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7407
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽11261
-₽5252
-₽6015
-₽8268
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
63 500
other
-
-
-
7 379
unemployment
-
-
-
63
pensions
-
-
-
6 864
municipal
-
-
-
13 450
accident
-
-
-
127
national
-
-
-
-
health
-
-
-
3 962
total
-
-
-
31 845
Employee
56 887
-
48 318
-
national
-
-
-
-
municipal
16 964
-
14 409
-
total
16 964
-
14 409
-
Employer
56 887
-
48 318
-
other
6 610
-
5 615
-
accident
114
-
97
-
pensions
6 149
-
5 223
-
unemployment
1 502
-
1 276
-
health
3 499
-
2 972
-
total
17 874
-
15 183
-
Corporate
-
63 500
-
-
income
-
13 970
-
-
total
-
13 970
-
-
Dividends
-
49 530
-
-
withholding
-
14 859
-
-
total
-
14 859
-
-
Income
63 500
63 500
63 500
63 500
Total tax
34 838
28 829
29 592
31 845
After tax
28 662
34 671
33 908
31 655
Living cost
39 923
39 923
39 923
39 923
Free-cash
-11 261
-5 252
-6 015
-8 268

Estimated living cost  is ₽39923 per week

₽26460
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3918
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽606
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8940
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽7789
-₽5621
₽10383
₽7237
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
63 500
trade
-
-
-
3 146
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.

-
-
-
8 630
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.

-
-
-
6 520
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.

-
-
-
475
total
-
-
-
18 771
Employee

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

48 398
-
63 500
-
surtax

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

228
-
475
-
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.

6 520
-
6 520
-
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.

4 158
-
8 630
-
total
10 906
-
15 625
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
15 102
63 500
-
-
trade
2 485
10 446
-
-
income
2 266
9 525
-
-
surtax

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

125
523
-
-
chamber of commerce
167
235
-
-
total
5 043
20 729
-
-
Dividends
10 060
42 770
-
-
withholding
2 152
10 331
-
-
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.

118
569
-
-
total
2 270
10 900
-
-
Income
63 500
63 500
63 500
63 500
Total tax
18 219
31 629
15 625
18 771
After tax
45 281
31 871
47 875
44 729
Living cost
37 492
37 492
37 492
37 492
Free-cash
7 789
-5 621
10 383
7 237

Estimated living cost  is ₽37492 per week

₽25075
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3954
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽560
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7904
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽11752
₽10964
₽13664
₽17625
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
63 500
social contributions
-
-
-
9 907
income
-
-
-
3 394
health
-
-
-
1 619
total
-
-
-
14 920
Employee
73 387
73 387
73 387
-
health
730
1 248
980
-
social contributions
3 566
6 091
4 785
-
income
7 706
6 793
7 264
-
total
12 002
14 132
13 029
-
Employer
73 387
73 387
73 387
-
social contributions
3 566
6 091
4 785
-
health
795
1 358
1 067
-
total
4 361
7 449
5 852
-
Corporate
16 181
-
-
-
income
2 023
-
-
-
total
2 023
-
-
-
Dividends
14 158
-
-
-
withholding
2 407
-
-
-
total
2 407
-
-
-
Income
63 500
63 500
63 500
63 500
Total tax
20 793
21 581
18 881
14 920
After tax
42 707
41 919
44 619
48 580
Living cost
30 955
30 955
30 955
30 955
Free-cash
11 752
10 964
13 664
17 625

Estimated living cost  is ₽30955 per week

₽21161
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2418
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽520
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6857
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽18508
₽18139
₽19051
₽26229
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
63 500
unemployment
-
-
-
953
income
-
-
-
7 763
pensions
-
-
-
6 350
health
-
-
-
4 445
total
-
-
-
19 511
Employee

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

The minimum wage is 138,000 HUF per month.

25 636
10 203
53 138
-
unemployment
385
153
797
-
health
1 795
714
3 720
-
pensions
2 564
1 020
5 314
-
income
3 134
1 247
6 496
-
total
7 878
3 134
16 327
-
Employer

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

The minimum wage is 138,000 HUF per month.

25 636
10 203
53 138
-
pensions
4 999
1 990
10 362
-
total
4 999
1 990
10 362
-
Corporate
32 865
51 308
-
-
income
2 958
4 618
-
-
total
2 958
4 618
-
-
Dividends
29 907
46 690
-
-
withholding
5 682
8 871
-
-
social contributions
5 715
8 988
-
-
total
11 397
17 859
-
-
Income
63 500
63 500
63 500
63 500
Total tax
27 232
27 601
26 689
19 511
After tax
36 268
35 899
36 811
43 989
Living cost
17 760
17 760
17 760
17 760
Free-cash
18 508
18 139
19 051
26 229

Estimated living cost  is ₽17760 per week

₽12119
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1453
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽355
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3832
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽21819
₽27749
₽13549
₽11330
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
63 500
income
-
-
-
8 164
pensions
-
-
-
12 699
health
-
-
-
8 255
total
-
-
-
29 118
Employee
27 074
-
47 457
-
unemployment
433
-
759
-
pensions
542
-
949
-
income
3 048
-
9 150
-
total
4 023
-
10 858
-
Employer
27 074
-
47 457
-
pensions
5 415
-
9 492
-
unemployment
217
-
380
-
health
3 519
-
6 169
-
total
9 151
-
16 041
-
Corporate
27 274
63 500
-
-
income
5 455
12 699
-
-
total
5 455
12 699
-
-
Dividends
21 819
50 801
-
-
total
-
-
-
-
Income
63 500
63 500
63 500
63 500
Total tax
18 629
12 699
26 899
29 118
After tax
44 871
50 801
36 601
34 382
Living cost
23 052
23 052
23 052
23 052
Free-cash
21 819
27 749
13 549
11 330

Estimated living cost  is ₽23052 per week

₽15811
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1373
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽464
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5404
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽1848
-₽16329
₽11492
₽22327
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
63 500
other
-
-
-
362
income
-
-
-
12 902
pensions
-
-
-
4 061
accident
-
-
-
246
health
-
-
-
2 129
total
-
-
-
19 700
Employee
33 778
-
52 749
-
health
3 868
-
6 040
-
pensions
3 804
-
5 940
-
income
4 634
-
7 804
-
total
12 306
-
19 784
-
Employer
33 778
-
52 749
-
accident
564
-
881
-
pensions
5 493
-
8 577
-
unemployment
828
-
1 293
-
total
6 885
-
10 751
-
Corporate
22 838
63 500
-
-
income

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

20 554
57 150
-
-
total
20 554
57 150
-
-
Dividends
2 284
6 350
-
-
withholding
434
1 206
-
-
total
434
1 206
-
-
Income
63 500
63 500
63 500
63 500
Total tax
40 179
58 356
30 535
19 700
After tax
23 321
5 144
32 965
43 800
Living cost
21 473
21 473
21 473
21 473
Free-cash
1 848
-16 329
11 492
22 327

Estimated living cost  is ₽21473 per week

₽15738
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1190
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.
₽4098
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽51027
₽52495
₽42970
₽55035
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
63 500
microenterprise

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

-
-
-
635
total
-
-
-
635
Employee
9 788
-
63 500
-
income
1 957
-
12 700
-
total
1 957
-
12 700
-
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%.

53 712
63 500
-
-
total
-
-
-
-
Dividends
53 712
63 500
-
-
withholding
2 686
3 175
-
-
total
2 686
3 175
-
-
Income
63 500
63 500
63 500
63 500
Total tax
4 643
3 175
12 700
635
After tax
58 857
60 325
50 800
62 865
Living cost
7 830
7 830
7 830
7 830
Free-cash
51 027
52 495
42 970
55 035

Estimated living cost  is ₽7830 per week

₽4853
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽651
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽215
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2112
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Batumi model

Close
Bratislava , Slovakia
₽14779
₽21223
₽11790
₽8955
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
63 500
other
-
-
-
3 015
income
-
-
-
8 065
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.

-
-
-
15 240
health
-
-
-
2 795
total
-
-
-
29 115
Employee
34 652
-
50 719
-
unemployment
346
-
507
-
health
485
-
710
-
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.

2 425
-
3 550
-
income
5 966
-
8 731
-
total
9 222
-
13 498
-
Employer
34 652
-
50 719
-
other
1 733
-
2 536
-
accident
277
-
406
-
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.

5 892
-
8 623
-
unemployment
346
-
507
-
health
485
-
710
-
total
8 733
-
12 782
-
Corporate
20 114
63 500
-
-
income
4 224
13 335
-
-
total
4 224
13 335
-
-
Dividends
15 891
50 165
-
-
withholding
1 112
3 512
-
-
total
1 112
3 512
-
-
Income
63 500
63 500
63 500
63 500
Total tax
23 291
16 847
26 280
29 115
After tax
40 209
46 653
37 220
34 385
Living cost
25 430
25 430
25 430
25 430
Free-cash
14 779
21 223
11 790
8 955

Estimated living cost  is ₽25430 per week

₽17968
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1717
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽409
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5336
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽38691
-₽15943
-₽22737
-₽16025
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
63 500
income
-
-
-
11 875
pensions
-
-
-
4 129
total
-
-
-
16 004
Employee
89 873
-
56 430
-
health
1 481
-
795
-
pensions
8 670
-
4 656
-
income
16 201
-
10 195
-
total
26 352
-
15 646
-
Employer
89 873
-
56 430
-
pensions
10 611
-
5 997
-
health
1 707
-
1 073
-
total
12 318
-
7 070
-
Corporate
-
63 500
-
-
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.

-
12 065
-
-
total
-
12 065
-
-
Dividends
-
51 435
-
-
withholding
-
3 857
-
-
total
-
3 857
-
-
Income
63 500
63 500
63 500
63 500
Total tax
38 670
15 922
22 716
16 004
After tax
24 830
47 578
40 784
47 496
Living cost
63 521
63 521
63 521
63 521
Free-cash
-38 691
-15 943
-22 737
-16 025

Estimated living cost  is ₽63521 per week

₽47598
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7463
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽517
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7944
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽37295
₽41741
₽33852
₽32496
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
63 500
unemployment
-
-
-
134
income
-
-
-
9 525
pensions

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

-
-
-
4 949
health
-
-
-
3 845
total
-
-
-
18 453
Employee
16 619
-
56 940
-
accident

We are using the highest rate at 1.1%.

183
-
368
-
health
764
-
1 538
-
pensions

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

1 459
-
2 936
-
income
1 662
-
5 694
-
total
4 068
-
10 536
-
Employer
16 619
-
56 940
-
accident

We are using the highest rate at 1.1%.

183
-
368
-
pensions

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

1 832
-
3 685
-
unemployment
99
-
201
-
health
1 147
-
2 307
-
total
3 261
-
6 561
-
Corporate
43 620
63 500
-
-
income
4 362
6 350
-
-
total
4 362
6 350
-
-
Dividends
39 258
57 150
-
-
withholding
1 963
2 858
-
-
total
1 963
2 858
-
-
Income
63 500
63 500
63 500
63 500
Total tax
13 654
9 208
17 097
18 453
After tax
49 846
54 292
46 403
45 047
Living cost
12 551
12 551
12 551
12 551
Free-cash
37 295
41 741
33 852
32 496

Estimated living cost  is ₽12551 per week

₽7327
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽896
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽333
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3995
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽40476
-₽38855
-₽44212
-₽16701
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
63 500
income
-
-
-
6 482
pensions
-
-
-
11 182
health
-
-
-
9 615
total
-
-
-
27 279
Employee
88 483
81 500
81 500
-
health
11 039
10 640
12 509
-
pensions
11 182
11 182
14 670
-
income

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

13 340
13 340
13 340
-
total
35 561
35 162
40 519
-
Employer
88 483
81 500
81 500
-
pensions
6 158
5 672
5 672
-
unemployment
3 186
2 934
2 934
-
health
6 149
5 665
5 665
-
total
15 493
14 271
14 271
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Income
63 500
63 500
63 500
63 500
Total tax
51 054
49 433
54 790
27 279
After tax
12 446
14 067
8 710
36 221
Living cost
52 922
52 922
52 922
52 922
Free-cash
-40 476
-38 855
-44 212
-16 701

Estimated living cost  is ₽52922 per week

₽39038
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4727
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽607
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8550
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽11340
₽19854
₽8358
₽7062
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
63 500
social contributions
-
-
-
18 542
income
-
-
-
5 458
health
-
-
-
8 572
solidarity contribution
-
-
-
-
total
-
-
-
32 572
Employee
35 096
-
47 388
-
solidarity contribution
-
-
-
-
health
4 738
-
6 397
-
social contributions
2 281
-
3 080
-
income
4 212
-
5 687
-
total
11 231
-
15 164
-
Employer
35 096
-
47 388
-
social contributions
8 774
-
11 847
-
health
3 159
-
4 265
-
total
11 933
-
16 112
-
Corporate
16 471
63 500
-
-
income
3 129
12 065
-
-
total
3 129
12 065
-
-
Dividends
13 341
51 435
-
-
withholding
2 001
7 715
-
-
total
2 001
7 715
-
-
Income
63 500
63 500
63 500
63 500
Total tax
28 294
19 780
31 276
32 572
After tax
35 206
43 720
32 224
30 928
Living cost
23 866
23 866
23 866
23 866
Free-cash
11 340
19 854
8 358
7 062

Estimated living cost  is ₽23866 per week

₽16577
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1698
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽469
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5121
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽21318
-₽6391
-₽9367
-₽5779
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
63 500
regional
-
-
-
649
social contributions
-
-
-
16 333
municipal
-
-
-
377
national
-
-
-
11 649
total
-
-
-
29 008
Employee
84 819
-
63 500
-
national
14 697
-
10 276
-
regional
800
-
570
-
municipal
449
-
337
-
social contributions
28 601
-
21 413
-
total
44 547
-
32 596
-
Employer
84 819
-
63 500
-
total
-
-
-
-
Corporate
-
63 500
-
-
nationa
-
15 240
-
-
municipal
-
2 476
-
-
total
-
17 716
-
-
Dividends
-
45 784
-
-
withholding
-
11 904
-
-
total
-
11 904
-
-
Income
63 500
63 500
63 500
63 500
Total tax
44 547
29 620
32 596
29 008
After tax
18 953
33 880
30 904
34 492
Living cost
40 271
40 271
40 271
40 271
Free-cash
-21 318
-6 391
-9 367
-5 779

Estimated living cost  is ₽40271 per week

₽28072
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2641
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.
₽8940
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽15913
₽18881
₽12715
₽14103
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
63 500
other
-
-
-
-
unemployment
-
-
-
217
income
-
-
-
10 102
pensions
-
-
-
12 699
health
-
-
-
4 508
surtax
-
-
-
811
total
-
-
-
28 337
Employee
31 561
-
52 458
-
surtax
103
-
706
-
unemployment
2 197
-
3 651
-
other
-
-
-
-
health
806
-
1 338
-
pensions
2 105
-
3 499
-
income
5 290
-
9 490
-
total
10 501
-
18 684
-
Employer
31 561
-
52 458
-
other
-
-
-
-
pensions
4 207
-
6 993
-
unemployment
1 000
-
1 663
-
health
1 436
-
2 385
-
total
6 643
-
11 041
-
Corporate
25 296
63 500
-
-
income
6 576
16 510
-
-
total
6 576
16 510
-
-
Dividends
18 720
46 990
-
-
withholding
2 807
7 049
-
-
total
2 807
7 049
-
-
Income
63 500
63 500
63 500
63 500
Total tax
26 527
23 559
29 725
28 337
After tax
36 973
39 941
33 775
35 163
Living cost
21 060
21 060
21 060
21 060
Free-cash
15 913
18 881
12 715
14 103

Estimated living cost  is ₽21060 per week

₽12877
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1943
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.
₽5754
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽4394
₽4182
-₽2612
₽4100
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
63 500
income
-
-
-
11 875
pensions
-
-
-
4 129
total
-
-
-
16 004
Employee
60 231
-
56 430
-
health
874
-
795
-
pensions
5 112
-
4 656
-
income
10 848
-
10 195
-
total
16 834
-
15 646
-
Employer
60 231
-
56 430
-
pensions
6 520
-
5 997
-
health
1 144
-
1 073
-
total
7 664
-
7 070
-
Corporate
-
63 500
-
-
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.

-
12 065
-
-
total
-
12 065
-
-
Dividends
-
51 435
-
-
withholding
-
3 857
-
-
total
-
3 857
-
-
Income
63 500
63 500
63 500
63 500
Total tax
24 498
15 922
22 716
16 004
After tax
39 002
47 578
40 784
47 496
Living cost
43 396
43 396
43 396
43 396
Free-cash
-4 394
4 182
-2 612
4 100

Estimated living cost  is ₽43396 per week

₽32512
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3253
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.
₽7177
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

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

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

Source of data for Cambridge model

Close
Zurich , Switzerland
-₽33665
-₽46769
-₽25345
-₽22097
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
63 500
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.

-
-
-
1 269
city
-
-
-
668
regional
-
-
-
1 550
pensions
-
-
-
5 843
national
-
-
-
214
health
-
-
-
247
total
-
-
-
9 791
Employee
88 713
-
56 835
-
national
420
-
177
-
unemployment
-
-
-
-
city
952
-
611
-
regional
2 905
-
1 308
-
health
201
-
129
-
pensions
7 453
-
4 774
-
total
11 931
-
6 999
-
Employer
88 713
-
56 835
-
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.

1 774
-
1 137
-
pensions
7 453
-
4 774
-
unemployment
-
-
-
-
health
201
-
129
-
total
9 428
-
6 040
-
Corporate
-
63 500
-
-
regional
-
13 430
-
-
national
-
5 397
-
-
total
-
18 827
-
-
Dividends
-
44 673
-
-
withholding
-
15 636
-
-
total
-
15 636
-
-
Income
63 500
63 500
63 500
63 500
Total tax
21 359
34 463
13 039
9 791
After tax
42 141
29 037
50 461
53 709
Living cost
75 806
75 806
75 806
75 806
Free-cash
-33 665
-46 769
-25 345
-22 097

Estimated living cost  is ₽75806 per week

₽49296
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6803
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽931
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18777
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽3301
-₽12173
₽4155
₽875
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
63 500
trade
-
-
-
3 280
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.

-
-
-
8 630
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.

-
-
-
6 520
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.

-
-
-
475
total
-
-
-
18 905
Employee

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

57 356
-
63 500
-
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.

371
-
475
-
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.

6 520
-
6 520
-
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.

6 745
-
8 630
-
total
13 636
-
15 625
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
6 144
63 500
-
-
trade
1 054
10 890
-
-
income
922
9 525
-
-
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.

51
523
-
-
chamber of commerce
154
234
-
-
total
2 181
21 172
-
-
Dividends
3 963
42 328
-
-
withholding
628
10 220
-
-
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.

34
561
-
-
total
662
10 781
-
-
Income
63 500
63 500
63 500
63 500
Total tax
16 479
31 953
15 625
18 905
After tax
47 021
31 547
47 875
44 595
Living cost
43 720
43 720
43 720
43 720
Free-cash
3 301
-12 173
4 155
875

Estimated living cost  is ₽43720 per week

₽31932
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3497
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽569
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7724
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽4988
-₽646
₽5560
₽5206
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
63 500
other
-
-
-
1 969
social contributions
-
-
-
1 809
income
-
-
-
3 276
pensions
-
-
-
18 039
health
-
-
-
549
surtax
-
-
-
-
total
-
-
-
25 642
Employee
40 846
-
48 388
-
surtax
-
-
-
-
pensions
4 618
-
5 475
-
social contributions
1 165
-
1 378
-
income
2 411
-
3 322
-
total
8 194
-
10 175
-
Employer
40 846
-
48 388
-
other
1 409
-
1 670
-
pensions
6 710
-
7 951
-
unemployment
1 654
-
1 960
-
social contributions
123
-
145
-
health
2 860
-
3 387
-
total
12 756
-
15 113
-
Corporate
9 899
63 500
-
-
income
2 771
17 780
-
-
surtax
-
-
-
-
total
2 771
17 780
-
-
Dividends
7 128
45 720
-
-
withholding
913
5 852
-
-
social contributions
1 226
7 862
-
-
surtax
-
-
-
-
total
2 139
13 714
-
-
Income
63 500
63 500
63 500
63 500
Total tax
25 860
31 494
25 288
25 642
After tax
37 640
32 006
38 212
37 858
Living cost
32 652
32 652
32 652
32 652
Free-cash
4 988
-646
5 560
5 206

Estimated living cost  is ₽32652 per week

₽20589
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2655
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.
₽8855
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽7888
₽2589
₽8795
₽8441
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
63 500
other
-
-
-
1 969
social contributions
-
-
-
1 809
income
-
-
-
3 276
pensions
-
-
-
18 039
health
-
-
-
549
surtax
-
-
-
-
total
-
-
-
25 642
Employee
36 461
-
48 388
-
surtax
-
-
-
-
pensions
4 124
-
5 475
-
social contributions
1 040
-
1 378
-
income
1 880
-
3 322
-
total
7 044
-
10 175
-
Employer
36 461
-
48 388
-
other
1 259
-
1 670
-
pensions
5 991
-
7 951
-
unemployment
1 476
-
1 960
-
social contributions
109
-
145
-
health
2 552
-
3 387
-
total
11 387
-
15 113
-
Corporate
15 653
63 500
-
-
income
4 383
17 780
-
-
surtax
-
-
-
-
total
4 383
17 780
-
-
Dividends
11 270
45 720
-
-
withholding
1 443
5 852
-
-
social contributions
1 938
7 862
-
-
surtax
-
-
-
-
total
3 381
13 714
-
-
Income
63 500
63 500
63 500
63 500
Total tax
26 195
31 494
25 288
25 642
After tax
37 305
32 006
38 212
37 858
Living cost
29 417
29 417
29 417
29 417
Free-cash
7 888
2 589
8 795
8 441

Estimated living cost  is ₽29417 per week

₽17061
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2988
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽558
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8811
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽19000
₽18503
₽17509
₽20544
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
63 500
social contributions
-
-
-
8 762
income
-
-
-
9 525
health
-
-
-
4 432
total
-
-
-
22 719
Employee
32 359
-
63 500
-
health
2 258
-
4 432
-
social contributions
4 466
-
8 762
-
income
5 397
-
12 560
-
total
12 121
-
25 754
-
Employer
32 359
-
63 500
-
total
-
-
-
-
Corporate
31 141
63 500
-
-
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%.

1 558
3 175
-
-
total
1 558
3 175
-
-
Dividends
29 583
60 325
-
-
health
2 065
4 211
-
-
withholding
4 437
9 048
-
-
social contributions
4 082
8 326
-
-
total
10 584
21 585
-
-
Income
63 500
63 500
63 500
63 500
Total tax
24 263
24 760
25 754
22 719
After tax
39 237
38 740
37 746
40 781
Living cost
20 237
20 237
20 237
20 237
Free-cash
19 000
18 503
17 509
20 544

Estimated living cost  is ₽20237 per week

₽13543
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1248
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽465
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4979
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽712
₽2507
-₽10602
₽848
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
63 500
chamber of commerce
-
-
-
254
unemployment
-
-
-
5 854
income
-
-
-
6 123
pensions
-
-
-
11 747
health
-
-
-
4 857
surtax
-
-
-
188
total
-
-
-
29 023
Employee
47 695
38 033
49 161
-
unemployment
1 431
1 141
1 474
-
other
476
380
491
-
health
1 846
1 472
1 902
-
pensions
4 885
3 894
5 035
-
income
5 430
2 805
5 850
-
total
14 068
9 692
14 752
-
Employer
47 695
38 033
49 161
-
payroll
1 431
1 141
1 474
-
other
2 266
1 806
2 336
-
accident
619
494
639
-
pensions
5 986
4 774
6 170
-
unemployment
1 431
1 141
1 474
-
chamber of commerce
190
152
197
-
surtax
188
188
188
-
health
1 802
1 438
1 858
-
total
13 913
11 134
14 336
-
Corporate
3 622
14 332
45 539
-
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.

906
3 582
11 385
-
total
906
3 582
11 385
-
Dividends
986
10 750
-
-
withholding
272
2 956
-
-
total
272
2 956
-
-
Income
63 500
63 500
63 500
63 500
Total tax
29 159
27 364
40 473
29 023
After tax
34 341
36 136
23 027
34 477
Living cost
33 629
33 629
33 629
33 629
Free-cash
712
2 507
-10 602
848

Estimated living cost  is ₽33629 per week

₽22429
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2869
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽552
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7779
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽24639
₽932
-₽8130
-₽1974
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
63 500
social contributions
-
-
-
8 181
national
-
-
-
19 175
communal

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

-
-
-
3 320
total
-
-
-
30 676
Employee

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

68 267
-
49 183
-
national
20 988
-
13 523
-
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.

594
-
427
-
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.

3 207
-
2 311
-
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.

5 120
-
3 689
-
communal

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

3 561
-
2 565
-
total
33 470
-
22 515
-
Employer

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

68 267
-
49 183
-
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.

887
-
639
-
pensions

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

6 049
-
4 358
-
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.

996
-
717
-
surtax
7 741
-
5 578
-
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.

4 198
-
3 025
-
total
19 871
-
14 317
-
Corporate
-
63 500
-
-
income
-
12 699
-
-
surtax
-
254
-
-
total
-
12 953
-
-
Dividends
-
50 547
-
-
withholding

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

-
14 817
-
-
total
-
14 817
-
-
Income
63 500
63 500
63 500
63 500
Total tax
53 341
27 770
36 832
30 676
After tax
10 159
35 730
26 668
32 824
Living cost
34 798
34 798
34 798
34 798
Free-cash
-24 639
932
-8 130
-1 974

Estimated living cost  is ₽34798 per week

₽22414
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3043
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽545
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8797
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽584
₽8390
₽419
-₽29
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
63 500
other
-
-
-
63
unemployment
-
-
-
444
income
-
-
-
10 013
pensions
-
-
-
17 970
accident
-
-
-
572
total
-
-
-
29 062
Employee
47 506
-
48 151
-
unemployment
737
-
746
-
other
47
-
49
-
pensions
2 233
-
2 264
-
income
10 024
-
10 205
-
total
13 041
-
13 264
-
Employer
47 506
-
48 151
-
other
379
-
386
-
accident
940
-
953
-
pensions
11 211
-
11 363
-
unemployment
2 613
-
2 648
-
total
15 143
-
15 350
-
Corporate
851
63 500
-
-
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.

127
9 525
-
-
total
127
9 525
-
-
Dividends
724
53 975
-
-
withholding
138
11 118
-
-
total
138
11 118
-
-
Income
63 500
63 500
63 500
63 500
Total tax
28 449
20 643
28 614
29 062
After tax
35 051
42 857
34 886
34 438
Living cost
34 467
34 467
34 467
34 467
Free-cash
584
8 390
419
-29

Estimated living cost  is ₽34467 per week

₽25381
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2445
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽496
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6143
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽17409
-₽12247
-₽9414
-₽10621
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
63 500
income
-
-
-
3 403
pensions
-
-
-
10 160
accident
-
-
-
572
communal
-
-
-
-
health
-
-
-
4 761
surtax
-
-
-
3 360
total
-
-
-
22 256
Employee
72 274
-
56 721
-
surtax
4 430
-
3 476
-
health
3 217
-
2 523
-
pensions
5 781
-
4 537
-
income
6 981
-
3 735
-
total
20 409
-
14 271
-
Employer
72 274
-
56 721
-
accident
650
-
511
-
pensions
5 781
-
4 537
-
health
2 204
-
1 730
-
total
8 635
-
6 778
-
Corporate
-
63 500
-
-
income
-
9 525
-
-
communal
-
4 287
-
-
surtax
-
666
-
-
total
-
14 478
-
-
Dividends
-
49 022
-
-
withholding
-
7 353
-
-
income
-
2 051
-
-
total
-
9 404
-
-
Income
63 500
63 500
63 500
63 500
Total tax
29 044
23 882
21 049
22 256
After tax
34 456
39 618
42 451
41 244
Living cost
51 865
51 865
51 865
51 865
Free-cash
-17 409
-12 247
-9 414
-10 621

Estimated living cost  is ₽51865 per week

₽38906
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3142
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽549
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9266
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽15470
₽18505
₽12339
₽13727
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
63 500
other
-
-
-
-
unemployment
-
-
-
217
income
-
-
-
10 102
pensions
-
-
-
12 699
health
-
-
-
4 508
surtax
-
-
-
811
total
-
-
-
28 337
Employee
32 140
-
52 458
-
surtax
114
-
706
-
unemployment
2 237
-
3 651
-
other
-
-
-
-
health
820
-
1 338
-
pensions
2 144
-
3 499
-
income
5 388
-
9 490
-
total
10 703
-
18 684
-
Employer
32 140
-
52 458
-
other
-
-
-
-
pensions
4 285
-
6 993
-
unemployment
1 020
-
1 663
-
health
1 462
-
2 385
-
total
6 767
-
11 041
-
Corporate
24 594
63 500
-
-
income
6 395
16 510
-
-
total
6 395
16 510
-
-
Dividends
18 199
46 990
-
-
withholding
2 729
7 049
-
-
total
2 729
7 049
-
-
Income
63 500
63 500
63 500
63 500
Total tax
26 594
23 559
29 725
28 337
After tax
36 906
39 941
33 775
35 163
Living cost
21 436
21 436
21 436
21 436
Free-cash
15 470
18 505
12 339
13 727

Estimated living cost  is ₽21436 per week

₽12942
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1864
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽498
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6134
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽5548
₽7667
₽4911
₽8475
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
63 500
regional
-
-
-
957
social contributions
-
-
-
16 333
municipal
-
-
-
377
national
-
-
-
11 649
total
-
-
-
29 316
Employee
52 941
-
63 500
-
national
8 387
-
10 276
-
regional
713
-
854
-
municipal
281
-
337
-
social contributions
17 852
-
21 413
-
total
27 233
-
32 880
-
Employer
52 941
-
63 500
-
total
-
-
-
-
Corporate
10 559
63 500
-
-
nationa
2 534
15 240
-
-
municipal
525
3 157
-
-
total
3 059
18 397
-
-
Dividends
7 500
45 103
-
-
withholding
1 951
11 727
-
-
total
1 951
11 727
-
-
Income
63 500
63 500
63 500
63 500
Total tax
32 243
30 124
32 880
29 316
After tax
31 257
33 376
30 620
34 184
Living cost
25 709
25 709
25 709
25 709
Free-cash
5 548
7 667
4 911
8 475

Estimated living cost  is ₽25709 per week

₽15988
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2604
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽440
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6676
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽3820
₽14311
₽2815
₽1519
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
63 500
social contributions
-
-
-
18 542
income
-
-
-
5 458
health
-
-
-
8 572
solidarity contribution
-
-
-
-
total
-
-
-
32 572
Employee
43 248
-
47 388
-
solidarity contribution
-
-
-
-
health
5 838
-
6 397
-
social contributions
2 811
-
3 080
-
income
5 190
-
5 687
-
total
13 839
-
15 164
-
Employer
43 248
-
47 388
-
social contributions
10 812
-
11 847
-
health
3 892
-
4 265
-
total
14 704
-
16 112
-
Corporate
5 548
63 500
-
-
income
1 054
12 065
-
-
total
1 054
12 065
-
-
Dividends
4 494
51 435
-
-
withholding
674
7 715
-
-
total
674
7 715
-
-
Income
63 500
63 500
63 500
63 500
Total tax
30 271
19 780
31 276
32 572
After tax
33 229
43 720
32 224
30 928
Living cost
29 409
29 409
29 409
29 409
Free-cash
3 820
14 311
2 815
1 519

Estimated living cost  is ₽29409 per week

₽21870
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1629
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.
₽5401
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽5318
₽5789
-₽7385
₽4217
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
63 500
chamber of commerce
-
-
-
254
unemployment
-
-
-
5 854
income
-
-
-
6 123
pensions
-
-
-
11 747
health
-
-
-
4 857
surtax
-
-
-
-
total
-
-
-
28 835
Employee
41 719
38 033
49 308
-
unemployment
1 251
1 141
1 480
-
other
417
380
493
-
health
1 614
1 472
1 909
-
pensions
4 272
3 894
5 049
-
income
3 716
2 805
5 892
-
total
11 270
9 692
14 823
-
Employer
41 719
38 033
49 308
-
payroll
1 251
1 141
1 480
-
other
1 981
1 806
2 342
-
accident
542
494
641
-
pensions
5 236
4 774
6 189
-
unemployment
1 251
1 141
1 480
-
chamber of commerce
167
152
197
-
surtax
-
-
-
-
health
1 577
1 438
1 864
-
total
12 005
10 946
14 193
-
Corporate
9 776
14 520
45 686
-
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.

2 443
3 629
11 421
-
total
2 443
3 629
11 421
-
Dividends
7 332
10 891
-
-
withholding
2 016
2 996
-
-
total
2 016
2 996
-
-
Income
63 500
63 500
63 500
63 500
Total tax
27 734
27 263
40 437
28 835
After tax
35 766
36 237
23 063
34 665
Living cost
30 448
30 448
30 448
30 448
Free-cash
5 318
5 789
-7 385
4 217

Estimated living cost  is ₽30448 per week

₽18265
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3110
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽543
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8530
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽45834
₽48123
₽38598
₽50663
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
63 500
microenterprise

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

-
-
-
635
total
-
-
-
635
Employee
15 253
-
63 500
-
income
3 051
-
12 700
-
total
3 051
-
12 700
-
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%.

48 247
63 500
-
-
total
-
-
-
-
Dividends
48 247
63 500
-
-
withholding
2 413
3 175
-
-
total
2 413
3 175
-
-
Income
63 500
63 500
63 500
63 500
Total tax
5 464
3 175
12 700
635
After tax
58 036
60 325
50 800
62 865
Living cost
12 202
12 202
12 202
12 202
Free-cash
45 834
48 123
38 598
50 663

Estimated living cost  is ₽12202 per week

₽8257
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽512
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽409
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3023
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽10137
₽18120
₽6835
₽8654
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
63 500
unemployment
-
-
-
96
income
-
-
-
11 306
pensions
-
-
-
11 597
health
-
-
-
6 248
total
-
-
-
29 247
Employee

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

42 203
-
54 946
-
unemployment
60
-
76
-
health
2 726
-
3 550
-
pensions
6 542
-
8 516
-
income
7 278
-
10 370
-
total
16 606
-
22 512
-
Employer

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

42 203
-
54 946
-
pensions
3 735
-
4 863
-
unemployment
25
-
33
-
health
2 811
-
3 658
-
total
6 571
-
8 554
-
Corporate
14 727
63 500
-
-
income
2 798
12 066
-
-
total
2 798
12 066
-
-
Dividends
11 928
51 434
-
-
withholding
1 789
7 715
-
-
total
1 789
7 715
-
-
Income
63 500
63 500
63 500
63 500
Total tax
27 764
19 781
31 066
29 247
After tax
35 736
43 719
32 434
34 253
Living cost
25 599
25 599
25 599
25 599
Free-cash
10 137
18 120
6 835
8 654

Estimated living cost  is ₽25599 per week

₽17568
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1641
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽496
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5895
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽79003
-₽2605
₽9689
₽2646
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
63 500
social contributions
-
-
-
7 239
income
-
-
-
12 377
total
-
-
-
19 616
Employee
59 130
-
-
-
social contributions
4 849
-
691
-
income
13 043
-
-
-
total
17 892
-
691
-
Employer
59 130
-
-
-
social contributions
83 373
-
11 882
-
total
83 373
-
11 882
-
Corporate
-
63 500
-
-
income
-
13 970
-
-
total
-
13 970
-
-
Dividends
-
49 530
-
-
income
-
10 897
-
-
total
-
10 897
-
-
Income
63 500
63 500
63 500
63 500
Total tax
101 265
24 867
12 573
19 616
After tax
-37 765
38 633
50 927
43 884
Living cost
41 238
41 238
41 238
41 238
Free-cash
-79 003
-2 605
9 689
2 646

Estimated living cost  is ₽41238 per week

₽26757
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.
₽526
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10077
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽5222
₽6182
₽4283
₽6371
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
63 500
social contributions

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

-
-
-
22 067
income
-
-
-
5 126
surtax
-
-
-
-
total
-
-
-
27 193
Employee
43 894
-
51 313
-
surtax
-
-
-
-
social contributions
4 828
-
5 645
-
income
9 130
-
11 449
-
total
13 958
-
17 094
-
Employer
43 894
-
51 313
-
social contributions
10 425
-
12 187
-
total
10 425
-
12 187
-
Corporate
9 181
63 500
-
-
income
1 929
13 335
-
-
surtax
-
-
-
-
total
1 929
13 335
-
-
Dividends
7 253
50 165
-
-
withholding
2 030
14 047
-
-
total
2 030
14 047
-
-
Income
63 500
63 500
63 500
63 500
Total tax
28 342
27 382
29 281
27 193
After tax
35 158
36 118
34 219
36 307
Living cost
29 936
29 936
29 936
29 936
Free-cash
5 222
6 182
4 283
6 371

Estimated living cost  is ₽29936 per week

₽22398
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1766
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽500
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5272
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽14942
-₽14089
-₽7883
-₽8237
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
63 500
other
-
-
-
1 969
social contributions
-
-
-
1 809
income
-
-
-
3 276
pensions
-
-
-
18 039
health
-
-
-
549
surtax
-
-
-
-
total
-
-
-
25 642
Employee
59 774
-
48 388
-
surtax
-
-
-
-
pensions
6 761
-
5 475
-
social contributions
1 702
-
1 378
-
income
5 215
-
3 322
-
total
13 678
-
10 175
-
Employer
59 774
-
48 388
-
other
2 063
-
1 670
-
pensions
9 822
-
7 951
-
unemployment
2 421
-
1 960
-
social contributions
179
-
145
-
health
4 184
-
3 387
-
total
18 669
-
15 113
-
Corporate
-
63 500
-
-
income
-
17 780
-
-
surtax
-
-
-
-
total
-
17 780
-
-
Dividends
-
45 720
-
-
withholding
-
5 852
-
-
social contributions
-
7 862
-
-
surtax
-
-
-
-
total
-
13 714
-
-
Income
63 500
63 500
63 500
63 500
Total tax
32 347
31 494
25 288
25 642
After tax
31 153
32 006
38 212
37 858
Living cost
46 095
46 095
46 095
46 095
Free-cash
-14 942
-14 089
-7 883
-8 237

Estimated living cost  is ₽46095 per week

₽31196
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3771
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽632
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10495
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽25257
₽28462
₽22321
₽20541
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
63 500
income
-
-
-
302
social contributions
-
-
-
13 969
total
-
-
-
14 271
Employee
30 682
-
54 979
-
social contributions
1 994
-
3 573
-
income
-
-
397
-
total
1 994
-
3 970
-
Employer
30 682
-
54 979
-
social contributions
4 756
-
8 521
-
total
4 756
-
8 521
-
Corporate
28 062
63 500
-
-
income
2 805
6 350
-
-
total
2 805
6 350
-
-
Dividends
25 256
57 150
-
-
total
-
-
-
-
Income
63 500
63 500
63 500
63 500
Total tax
9 555
6 350
12 491
14 271
After tax
53 945
57 150
51 009
49 229
Living cost
28 688
28 688
28 688
28 688
Free-cash
25 257
28 462
22 321
20 541

Estimated living cost  is ₽28688 per week

₽18549
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2162
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.
₽7436
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽144141
-₽144141
-₽144141
-₽5243
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
63 500
pensions
-
-
-
826
municipal
-
-
-
10 756
labour market
-
-
-
5 014
national
-
-
-
6 250
total
-
-
-
22 846
Employee
193 721
193 721
193 721
-
national
23 667
23 667
23 667
-
municipal
41 252
41 252
41 252
-
labour market
15 476
15 476
15 476
-
pensions
275
275
275
-
total
80 670
80 670
80 670
-
Employer
193 721
193 721
193 721
-
municipal
41 317
41 317
41 317
-
pensions
551
551
551
-
national
23 708
23 708
23 708
-
labour market
15 498
15 498
15 498
-
total
81 074
81 074
81 074
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
63 500
63 500
63 500
63 500
Total tax
161 744
161 744
161 744
22 846
After tax
-98 244
-98 244
-98 244
40 654
Living cost
45 897
45 897
45 897
45 897
Free-cash
-144 141
-144 141
-144 141
-5 243

Estimated living cost  is ₽45897 per week

₽31412
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4060
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽706
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9719
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽1898
-₽16012
₽11809
₽22644
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
63 500
other
-
-
-
362
income
-
-
-
12 902
pensions
-
-
-
4 061
accident
-
-
-
246
health
-
-
-
2 129
total
-
-
-
19 700
Employee
33 280
-
52 749
-
health
3 811
-
6 040
-
pensions
3 748
-
5 940
-
income
4 566
-
7 804
-
total
12 125
-
19 784
-
Employer
33 280
-
52 749
-
accident
556
-
881
-
pensions
5 411
-
8 577
-
unemployment
816
-
1 293
-
total
6 783
-
10 751
-
Corporate
23 437
63 500
-
-
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.

21 093
57 150
-
-
total
21 093
57 150
-
-
Dividends
2 344
6 350
-
-
withholding
445
1 206
-
-
total
445
1 206
-
-
Income
63 500
63 500
63 500
63 500
Total tax
40 446
58 356
30 535
19 700
After tax
23 054
5 144
32 965
43 800
Living cost
21 156
21 156
21 156
21 156
Free-cash
1 898
-16 012
11 809
22 644

Estimated living cost  is ₽21156 per week

₽15399
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1206
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽397
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4154
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽2642
₽6928
₽2113
₽11392
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
63 500
municipal
-
-
-
11 325
national
-
-
-
3 562
health
-
-
-
580
total
-
-
-
15 467
Employee
50 212
-
53 419
-
national
829
-
1 090
-
unemployment
753
-
801
-
health
375
-
424
-
municipal
8 224
-
8 746
-
pensions
3 389
-
3 606
-
total
13 570
-
14 667
-
Employer
50 212
-
53 419
-
accident
51
-
53
-
pensions
8 711
-
9 267
-
unemployment
326
-
348
-
health
386
-
411
-
total
9 474
-
10 079
-
Corporate
3 814
63 500
-
-
income
762
12 699
-
-
total
762
12 699
-
-
Dividends

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

2 289
38 100
-
-
municipal
411
6 859
-
-
national
-
373
-
-
total
411
7 232
-
-
Income
63 500
63 500
63 500
63 500
Total tax
24 217
19 931
24 746
15 467
After tax
39 283
43 569
38 754
48 033
Living cost
36 641
36 641
36 641
36 641
Free-cash
2 642
6 928
2 113
11 392

Estimated living cost  is ₽36641 per week

₽23934
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3524
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽583
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8601
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽19374
₽19823
₽22523
₽26484
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
63 500
social contributions
-
-
-
9 907
income
-
-
-
3 394
health
-
-
-
1 619
total
-
-
-
14 920
Employee
73 387
73 387
73 387
-
health
569
1 248
980
-
social contributions
2 775
6 091
4 785
-
income
7 991
6 793
7 264
-
total
11 335
14 132
13 029
-
Employer
73 387
73 387
73 387
-
social contributions
2 775
6 091
4 785
-
health
618
1 358
1 067
-
total
3 393
7 449
5 852
-
Corporate
26 677
-
-
-
income
3 334
-
-
-
total
3 334
-
-
-
Dividends
23 343
-
-
-
withholding
3 968
-
-
-
total
3 968
-
-
-
Income
63 500
63 500
63 500
63 500
Total tax
22 030
21 581
18 881
14 920
After tax
41 470
41 919
44 619
48 580
Living cost
22 096
22 096
22 096
22 096
Free-cash
19 374
19 823
22 523
26 484

Estimated living cost  is ₽22096 per week

₽13243
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2168
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.
₽6198
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽32575
₽37431
₽24125
₽33199
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
63 500
unemployment
-
-
-
27
income
-
-
-
5 596
pensions
-
-
-
6 071
health
-
-
-
3 454
total
-
-
-
15 148
Employee

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

21 906
-
57 570
-
unemployment
109
-
288
-
health
1 862
-
4 894
-
pensions
3 285
-
8 635
-
income
1 498
-
4 475
-
total
6 754
-
18 292
-
Employer

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

21 906
-
57 570
-
pensions
1 204
-
3 166
-
unemployment
109
-
288
-
health
942
-
2 476
-
total
2 255
-
5 930
-
Corporate
39 339
63 500
-
-
income
3 541
5 716
-
-
total
3 541
5 716
-
-
Dividends
35 798
57 784
-
-
withholding
3 222
5 200
-
-
total
3 222
5 200
-
-
Income
63 500
63 500
63 500
63 500
Total tax
15 772
10 916
24 222
15 148
After tax
47 728
52 584
39 278
48 352
Living cost
15 153
15 153
15 153
15 153
Free-cash
32 575
37 431
24 125
33 199

Estimated living cost  is ₽15153 per week

₽9668
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1092
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽451
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3941
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽11606
₽16613
₽8642
₽8194
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
63 500
other
-
-
-
63
unemployment
-
-
-
444
income
-
-
-
10 013
pensions
-
-
-
17 970
accident
-
-
-
572
total
-
-
-
29 062
Employee
35 289
-
48 151
-
unemployment
547
-
746
-
other
34
-
49
-
pensions
1 659
-
2 264
-
income
6 803
-
10 205
-
total
9 043
-
13 264
-
Employer
35 289
-
48 151
-
other
283
-
386
-
accident
699
-
953
-
pensions
8 327
-
11 363
-
unemployment
1 942
-
2 648
-
total
11 251
-
15 350
-
Corporate
16 960
63 500
-
-
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.

2 545
9 525
-
-
total
2 545
9 525
-
-
Dividends
14 416
53 975
-
-
withholding
2 811
11 118
-
-
total
2 811
11 118
-
-
Income
63 500
63 500
63 500
63 500
Total tax
25 650
20 643
28 614
29 062
After tax
37 850
42 857
34 886
34 438
Living cost
26 244
26 244
26 244
26 244
Free-cash
11 606
16 613
8 642
8 194

Estimated living cost  is ₽26244 per week

₽17714
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2523
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽460
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5547
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽37526
₽37823
₽38289
₽38416
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
63 500
income
-
-
-
21 016
pensions
-
-
-
1 314
health
-
-
-
953
total
-
-
-
23 283
Employee
2 743
-
62 022
-
unemployment
27
-
66
-
health
137
-
328
-
pensions
247
-
591
-
income
531
-
20 947
-
total
942
-
21 932
-
Employer
2 743
-
62 022
-
pensions
302
-
723
-
unemployment
55
-
131
-
health
261
-
624
-
total
618
-
1 478
-
Corporate
60 139
63 500
-
-
income
13 231
13 970
-
-
total
13 231
13 970
-
-
Dividends
46 909
49 530
-
-
withholding
9 382
9 906
-
-
total
9 382
9 906
-
-
Income
63 500
63 500
63 500
63 500
Total tax
24 173
23 876
23 410
23 283
After tax
39 327
39 624
40 090
40 217
Living cost
1 801
1 801
1 801
1 801
Free-cash
37 526
37 823
38 289
38 416

Estimated living cost  is ₽1801 per week

₽1070
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽146
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽41
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽544
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽24703
₽29392
₽17333
₽14688
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
63 500
unemployment
-
-
-
952
income
-
-
-
8 323
pensions
-
-
-
16 510
health
-
-
-
6 540
total
-
-
-
32 325
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.

24 861
-
53 859
-
unemployment
186
-
404
-
health
1 280
-
2 774
-
pensions
3 481
-
7 540
-
income
3 427
-
9 321
-
total
8 374
-
20 039
-
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.

24 861
-
53 859
-
pensions
2 983
-
6 463
-
unemployment
186
-
404
-
health
1 280
-
2 774
-
total
4 449
-
9 641
-
Corporate
34 189
63 500
-
-
income
5 128
9 525
-
-
total
5 128
9 525
-
-
Dividends
29 061
53 975
-
-
withholding
4 359
8 096
-
-
total
4 359
8 096
-
-
Income
63 500
63 500
63 500
63 500
Total tax
22 310
17 621
29 680
32 325
After tax
41 190
45 879
33 820
31 175
Living cost
16 487
16 487
16 487
16 487
Free-cash
24 703
29 392
17 333
14 688

Estimated living cost  is ₽16487 per week

₽11101
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1275
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3634
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽10045
₽10389
₽8490
₽10578
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
63 500
social contributions

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

-
-
-
22 067
income
-
-
-
5 126
surtax
-
-
-
-
total
-
-
-
27 193
Employee
37 041
-
51 313
-
surtax
-
-
-
-
social contributions
4 075
-
5 645
-
income
7 238
-
11 449
-
total
11 313
-
17 094
-
Employer
37 041
-
51 313
-
social contributions
8 797
-
12 187
-
total
8 797
-
12 187
-
Corporate
17 662
63 500
-
-
income
3 709
13 335
-
-
surtax
-
-
-
-
total
3 709
13 335
-
-
Dividends
13 953
50 165
-
-
withholding
3 907
14 047
-
-
total
3 907
14 047
-
-
Income
63 500
63 500
63 500
63 500
Total tax
27 726
27 382
29 281
27 193
After tax
35 774
36 118
34 219
36 307
Living cost
25 729
25 729
25 729
25 729
Free-cash
10 045
10 389
8 490
10 578

Estimated living cost  is ₽25729 per week

₽18223
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1788
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽456
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5263
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽1866
₽9316
₽1345
₽897
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
63 500
other
-
-
-
63
unemployment
-
-
-
444
income
-
-
-
10 013
pensions
-
-
-
17 970
accident
-
-
-
572
total
-
-
-
29 062
Employee
46 092
-
48 151
-
unemployment
714
-
746
-
other
45
-
49
-
pensions
2 166
-
2 264
-
income
9 627
-
10 205
-
total
12 552
-
13 264
-
Employer
46 092
-
48 151
-
other
369
-
386
-
accident
913
-
953
-
pensions
10 878
-
11 363
-
unemployment
2 536
-
2 648
-
total
14 696
-
15 350
-
Corporate
2 713
63 500
-
-
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.

407
9 525
-
-
total
407
9 525
-
-
Dividends
2 305
53 975
-
-
withholding
438
11 118
-
-
total
438
11 118
-
-
Income
63 500
63 500
63 500
63 500
Total tax
28 093
20 643
28 614
29 062
After tax
35 407
42 857
34 886
34 438
Living cost
33 541
33 541
33 541
33 541
Free-cash
1 866
9 316
1 345
897

Estimated living cost  is ₽33541 per week

₽24088
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2608
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽473
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6373
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽31991
₽37825
₽29936
₽28580
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
63 500
unemployment
-
-
-
134
income
-
-
-
9 525
pensions

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

-
-
-
4 949
health
-
-
-
3 845
total
-
-
-
18 453
Employee
21 805
-
56 940
-
accident

We are using the highest rate at 1.1%.

240
-
368
-
health
1 003
-
1 538
-
pensions

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

1 914
-
2 936
-
income
2 181
-
5 694
-
total
5 338
-
10 536
-
Employer
21 805
-
56 940
-
accident

We are using the highest rate at 1.1%.

240
-
368
-
pensions

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

2 403
-
3 685
-
unemployment
131
-
201
-
health
1 505
-
2 307
-
total
4 279
-
6 561
-
Corporate
37 417
63 500
-
-
income
3 741
6 350
-
-
total
3 741
6 350
-
-
Dividends
33 676
57 150
-
-
withholding
1 684
2 858
-
-
total
1 684
2 858
-
-
Income
63 500
63 500
63 500
63 500
Total tax
15 042
9 208
17 097
18 453
After tax
48 458
54 292
46 403
45 047
Living cost
16 467
16 467
16 467
16 467
Free-cash
31 991
37 825
29 936
28 580

Estimated living cost  is ₽16467 per week

₽10891
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽943
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽4241
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽8490
-₽3994
₽11029
₽8283
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
63 500
trade
-
-
-
2 746
income

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

-
-
-
8 630
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.

-
-
-
6 520
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.

-
-
-
475
total
-
-
-
18 371
Employee

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

47 486
-
63 500
-
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.

216
-
475
-
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.

6 520
-
6 520
-
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.

3 905
-
8 630
-
total
10 641
-
15 625
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
16 014
63 500
-
-
trade
2 298
9 112
-
-
income
2 402
9 525
-
-
surtax

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

132
523
-
-
chamber of commerce
168
237
-
-
total
5 000
19 397
-
-
Dividends
11 013
44 103
-
-
withholding
2 391
10 664
-
-
surtax

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

132
587
-
-
total
2 523
11 251
-
-
Income
63 500
63 500
63 500
63 500
Total tax
18 164
30 648
15 625
18 371
After tax
45 336
32 852
47 875
45 129
Living cost
36 846
36 846
36 846
36 846
Free-cash
8 490
-3 994
11 029
8 283

Estimated living cost  is ₽36846 per week

₽25417
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3965
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽534
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6929
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽11154
-₽9916
-₽5550
-₽5550
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
63 500
social contributions
-
-
-
4 974
income
-
-
-
9 711
total
-
-
-
14 685
Employee
74 653
-
63 500
-
social contributions
6 202
-
4 974
-
income
14 087
-
9 711
-
total
20 289
-
14 685
-
Employer
74 653
-
63 500
-
total
-
-
-
-
Corporate
-
63 500
-
-
income
-
7 938
-
-
total
-
7 938
-
-
Dividends
-
55 562
-
-
withholding
-
11 113
-
-
total
-
11 113
-
-
Income
63 500
63 500
63 500
63 500
Total tax
20 289
19 051
14 685
14 685
After tax
43 211
44 449
48 815
48 815
Living cost
54 365
54 365
54 365
54 365
Free-cash
-11 154
-9 916
-5 550
-5 550

Estimated living cost  is ₽54365 per week

₽41360
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4430
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽520
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8056
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽7116
₽1590
₽11495
-₽4136
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
63 500
health

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

-
-
-
5 825
income
-
-
-
27 167
total
-
-
-
32 992
Employee
43 781
-
59 110
-
social contributions
4 387
-
4 390
-
income
4 751
-
8 581
-
total
9 138
-
12 971
-
Employer
43 781
-
59 110
-
social contributions
4 387
-
4 390
-
total
4 387
-
4 390
-
Corporate
15 332
63 500
-
-
income
5 366
22 224
-
-
total
5 366
22 224
-
-
Dividends
9 966
41 276
-
-
social contributions
2 849
5 042
-
-
total
2 849
5 042
-
-
Income
63 500
63 500
63 500
63 500
Total tax
21 740
27 266
17 361
32 992
After tax
41 760
36 234
46 139
30 508
Living cost
34 644
34 644
34 644
34 644
Free-cash
7 116
1 590
11 495
-4 136

Estimated living cost  is ₽34644 per week

₽22820
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2731
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽531
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8561
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽6938
₽12298
₽5504
₽12216
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
63 500
income
-
-
-
11 875
pensions
-
-
-
4 129
total
-
-
-
16 004
Employee
48 426
-
56 430
-
health
632
-
795
-
pensions
3 696
-
4 656
-
income
8 819
-
10 195
-
total
13 147
-
15 646
-
Employer
48 426
-
56 430
-
pensions
4 893
-
5 997
-
health
920
-
1 073
-
total
5 813
-
7 070
-
Corporate
9 261
63 500
-
-
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.

1 759
12 065
-
-
total
1 759
12 065
-
-
Dividends
7 502
51 435
-
-
withholding
563
3 857
-
-
total
563
3 857
-
-
Income
63 500
63 500
63 500
63 500
Total tax
21 282
15 922
22 716
16 004
After tax
42 218
47 578
40 784
47 496
Living cost
35 280
35 280
35 280
35 280
Free-cash
6 938
12 298
5 504
12 216

Estimated living cost  is ₽35280 per week

₽24202
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3244
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.
₽7390
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽1576
-₽18107
₽9714
₽20549
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
63 500
other
-
-
-
362
income
-
-
-
12 902
pensions
-
-
-
4 061
accident
-
-
-
246
health
-
-
-
2 129
total
-
-
-
19 700
Employee
36 575
-
52 749
-
health
4 188
-
6 040
-
pensions
4 118
-
5 940
-
income
5 018
-
7 804
-
total
13 324
-
19 784
-
Employer
36 575
-
52 749
-
accident
611
-
881
-
pensions
5 947
-
8 577
-
unemployment
896
-
1 293
-
total
7 454
-
10 751
-
Corporate
19 472
63 500
-
-
income

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

17 525
57 150
-
-
total
17 525
57 150
-
-
Dividends
1 947
6 350
-
-
withholding
370
1 206
-
-
total
370
1 206
-
-
Income
63 500
63 500
63 500
63 500
Total tax
38 673
58 356
30 535
19 700
After tax
24 827
5 144
32 965
43 800
Living cost
23 251
23 251
23 251
23 251
Free-cash
1 576
-18 107
9 714
20 549

Estimated living cost  is ₽23251 per week

₽17064
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1355
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽468
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4364
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Warsaw model

Close
Skopje , Macedonia
₽36451
₽41090
₽24264
₽24264
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
63 500
unemployment
-
-
-
762
income
-
-
-
8 889
pensions
-
-
-
11 684
health insurance
-
-
-
4 699
work injury
-
-
-
317
total
-
-
-
26 351
Employee

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

20 616
-
63 500
-
health insurance
1 526
-
4 699
-
unemployment
247
-
762
-
work injury
103
-
317
-
pensions
3 793
-
11 684
-
income
2 062
-
8 889
-
total
7 731
-
26 351
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
42 884
63 500
-
-
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
42 884
63 500
-
-
withholding
6 433
9 525
-
-
total
6 433
9 525
-
-
Income
63 500
63 500
63 500
63 500
Total tax
14 164
9 525
26 351
26 351
After tax
49 336
53 975
37 149
37 149
Living cost
12 885
12 885
12 885
12 885
Free-cash
36 451
41 090
24 264
24 264

Estimated living cost  is ₽12885 per week

₽7983
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽936
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽402
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3564
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽16923
-₽4573
-₽7465
-₽3941
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
63 500
regional
-
-
-
1 015
social contributions
-
-
-
16 333
municipal
-
-
-
424
national
-
-
-
11 649
total
-
-
-
29 421
Employee
80 422
-
63 500
-
national
13 591
-
10 276
-
regional
1 214
-
877
-
municipal
480
-
379
-
social contributions
27 118
-
21 413
-
total
42 403
-
32 945
-
Employer
80 422
-
63 500
-
total
-
-
-
-
Corporate
-
63 500
-
-
nationa
-
15 240
-
-
municipal
-
3 061
-
-
total
-
18 301
-
-
Dividends
-
45 199
-
-
withholding
-
11 752
-
-
total
-
11 752
-
-
Income
63 500
63 500
63 500
63 500
Total tax
42 403
30 053
32 945
29 421
After tax
21 097
33 447
30 555
34 079
Living cost
38 020
38 020
38 020
38 020
Free-cash
-16 923
-4 573
-7 465
-3 941

Estimated living cost  is ₽38020 per week

₽26707
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2615
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽574
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8123
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rome model

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

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

Estimated living cost

Adjust living cost [[ detailsButtonText ]] Source

Additional information

Source

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

Close

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

Estimated living cost

Adjust living cost [[ detailsButtonText ]] Source

Additional information

Source

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

Close