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
₽19769
₽4274
₽16516
₽14469
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 296
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.

-
-
-
9 024
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.

-
-
-
497
trade
-
-
-
3 253
total
-
-
-
19 070
Employee

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

35 249
-
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.

54
-
497
-
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.

985
-
9 024
-
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.

6 296
-
6 296
-
total
7 335
-
15 817
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
28 251
63 500
-
-
chamber of commerce
180
231
-
-
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.

233
525
-
-
trade
4 449
10 002
-
-
income
4 238
9 524
-
-
total
9 100
20 282
-
-
Dividends
19 151
43 218
-
-
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.

245
575
-
-
withholding
4 437
10 455
-
-
total
4 682
11 030
-
-
Income
63 500
63 500
63 500
63 500
Total tax
21 117
31 312
15 817
19 070
After tax
42 383
32 188
47 683
44 430
Living cost
27 914
27 914
27 914
27 914
Free-cash
14 469
4 274
19 769
16 516

Estimated living cost  is ₽27914 per week

₽17559
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3255
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽521
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6579
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽8742
-₽8980
-₽9240
-₽18683
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
national
-
-
-
9 623
municipal
-
-
-
6 210
total
-
-
-
24 136
Employee
75 345
-
54 895
-
municipal
9 306
-
6 456
-
national
14 421
-
10 004
-
pensions
3 014
-
2 196
-
total
26 741
-
18 656
-
Employer
75 345
-
54 895
-
pensions
6 028
-
4 392
-
social contributions
810
-
590
-
total
6 838
-
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
33 579
23 876
23 638
24 136
After tax
29 921
39 624
39 862
39 364
Living cost
48 604
48 604
48 604
48 604
Free-cash
-18 683
-8 980
-8 742
-9 240

Estimated living cost  is ₽48604 per week

₽33036
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4518
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽727
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10323
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽16945
₽31627
₽31902
₽24067
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
2 901
income
-
-
-
-
surtax
-
-
-
-
microenterprise
-
-
-
9 524
total
-
-
-
12 425
Employee
26 929
-
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.

2 963
-
5 630
-
income
4 794
-
9 424
-
total
7 757
-
15 054
-
Employer
26 929
-
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.

6 487
-
12 328
-
total
6 487
-
12 328
-
Corporate
30 084
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%.

6 016
12 700
-
-
total
6 016
12 700
-
-
Dividends

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

24 068
50 800
-
-
total
-
-
-
-
Income
63 500
63 500
63 500
63 500
Total tax
20 260
12 700
27 382
12 425
After tax
43 240
50 800
36 118
51 075
Living cost
19 173
19 173
19 173
19 173
Free-cash
24 067
31 627
16 945
31 902

Estimated living cost  is ₽19173 per week

₽12232
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1826
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽435
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4680
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽28017
-₽22844
-₽2404
-₽28017
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
9 409
income
-
-
-
7 090
pensions
-
-
-
10 798
total
-
-
-
27 297
Employee
78 700
78 700
78 700
-
income

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

12 882
12 882
12 882
-
pensions
14 166
10 798
14 166
-
health
12 080
10 275
12 080
-
total
39 128
33 955
39 128
-
Employer
78 700
78 700
78 700
-
unemployment
2 833
2 833
2 833
-
health
5 471
5 471
5 471
-
pensions
5 478
5 478
5 478
-
total
13 782
13 782
13 782
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
63 500
63 500
63 500
63 500
Total tax
52 910
47 737
52 910
27 297
After tax
10 590
15 763
10 590
36 203
Living cost
38 607
38 607
38 607
38 607
Free-cash
-28 017
-22 844
-28 017
-2 404

Estimated living cost  is ₽38607 per week

₽27360
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3480
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽614
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7153
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽3832
-₽3069
-₽6086
-₽7173
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
3 962
accident
-
-
-
127
pensions
-
-
-
6 864
national
-
-
-
-
unemployment
-
-
-
64
municipal
-
-
-
13 450
total
-
-
-
31 846
Employee
53 776
-
48 318
-
municipal
16 036
-
14 409
-
national
-
-
-
-
total
16 036
-
14 409
-
Employer
53 776
-
48 318
-
other
6 249
-
5 615
-
unemployment
1 420
-
1 276
-
health
3 307
-
2 972
-
accident
108
-
97
-
pensions
5 813
-
5 223
-
total
16 897
-
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
32 933
28 829
29 592
31 846
After tax
30 567
34 671
33 908
31 654
Living cost
37 740
37 740
37 740
37 740
Free-cash
-7 173
-3 069
-3 832
-6 086

Estimated living cost  is ₽37740 per week

₽25013
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3703
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽573
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8451
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Stockholm model

Close
Hamburg , Germany
₽11479
-₽4341
₽8081
₽8608
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 296
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.

-
-
-
9 024
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.

-
-
-
497
trade
-
-
-
3 398
total
-
-
-
19 215
Employee

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

46 736
-
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.

220
-
497
-
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.

4 015
-
9 024
-
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.

6 296
-
6 296
-
total
10 531
-
15 817
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
16 764
63 500
-
-
chamber of commerce
164
231
-
-
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.

138
525
-
-
trade
2 758
10 446
-
-
income
2 515
9 524
-
-
total
5 575
20 726
-
-
Dividends
11 189
42 774
-
-
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.

135
568
-
-
withholding
2 447
10 343
-
-
total
2 582
10 911
-
-
Income
63 500
63 500
63 500
63 500
Total tax
18 688
31 637
15 817
19 215
After tax
44 812
31 863
47 683
44 285
Living cost
36 204
36 204
36 204
36 204
Free-cash
8 608
-4 341
11 479
8 081

Estimated living cost  is ₽36204 per week

₽24213
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3818
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.
₽7632
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽15037
₽12767
₽18358
₽12929
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
9 906
health
-
-
-
1 619
income
-
-
-
3 725
total
-
-
-
15 250
Employee
70 866
70 866
70 866
-
social contributions
3 444
5 882
4 785
-
income
7 442
6 560
6 955
-
health
705
1 205
979
-
total
11 591
13 647
12 719
-
Employer
70 866
70 866
70 866
-
health
768
1 312
1 067
-
social contributions
3 444
5 882
4 785
-
total
4 212
7 194
5 852
-
Corporate
17 807
-
-
-
income
2 226
-
-
-
total
2 226
-
-
-
Dividends
15 581
-
-
-
withholding
2 650
-
-
-
total
2 650
-
-
-
Income
63 500
63 500
63 500
63 500
Total tax
20 679
20 841
18 571
15 250
After tax
42 821
42 659
44 929
48 250
Living cost
29 892
29 892
29 892
29 892
Free-cash
12 929
12 767
15 037
18 358

Estimated living cost  is ₽29892 per week

₽20434
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2335
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽502
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6621
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽19503
₽18581
₽26682
₽18942
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
4 445
income
-
-
-
7 763
pensions
-
-
-
6 350
unemployment
-
-
-
952
total
-
-
-
19 510
Employee

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

The minimum wage is 138,000 HUF per month.

24 985
9 944
53 138
-
income
3 054
1 216
6 496
-
pensions
2 499
994
5 314
-
health
1 749
696
3 720
-
unemployment
375
149
797
-
total
7 677
3 055
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.

24 985
9 944
53 138
-
pensions
4 872
1 939
10 362
-
total
4 872
1 939
10 362
-
Corporate
33 643
51 617
-
-
income
3 028
4 646
-
-
total
3 028
4 646
-
-
Dividends
30 615
46 972
-
-
social contributions
5 856
9 046
-
-
withholding
5 817
8 925
-
-
total
11 673
17 971
-
-
Income
63 500
63 500
63 500
63 500
Total tax
27 250
27 611
26 689
19 510
After tax
36 250
35 889
36 811
43 990
Living cost
17 308
17 308
17 308
17 308
Free-cash
18 942
18 581
19 503
26 682

Estimated living cost  is ₽17308 per week

₽11812
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1416
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽346
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3735
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽14340
₽28540
₽11946
₽22816
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
8 255
income
-
-
-
8 340
pensions
-
-
-
12 699
total
-
-
-
29 294
Employee
26 144
-
47 459
-
income
2 943
-
9 150
-
pensions
523
-
950
-
unemployment
418
-
759
-
total
3 884
-
10 859
-
Employer
26 144
-
47 459
-
unemployment
210
-
380
-
health
3 398
-
6 170
-
pensions
5 229
-
9 491
-
total
8 837
-
16 041
-
Corporate
28 519
63 500
-
-
income
5 703
12 700
-
-
total
5 703
12 700
-
-
Dividends
22 816
50 800
-
-
total
-
-
-
-
Income
63 500
63 500
63 500
63 500
Total tax
18 424
12 700
26 900
29 294
After tax
45 076
50 800
36 600
34 206
Living cost
22 260
22 260
22 260
22 260
Free-cash
22 816
28 540
14 340
11 946

Estimated living cost  is ₽22260 per week

₽15268
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1326
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.
₽5219
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽12275
-₽15297
₽23330
₽2007
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
344
health
-
-
-
2 026
accident
-
-
-
235
income
-
-
-
13 259
pensions
-
-
-
3 866
total
-
-
-
19 730
Employee
32 153
-
52 749
-
income
4 411
-
8 056
-
pensions
3 621
-
5 940
-
health
3 682
-
6 039
-
total
11 714
-
20 035
-
Employer
32 153
-
52 749
-
unemployment
788
-
1 292
-
accident
537
-
881
-
pensions
5 228
-
8 577
-
total
6 553
-
10 750
-
Corporate
24 794
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.

22 315
57 150
-
-
total
22 315
57 150
-
-
Dividends
2 479
6 350
-
-
withholding
471
1 207
-
-
total
471
1 207
-
-
Income
63 500
63 500
63 500
63 500
Total tax
41 053
58 357
30 785
19 730
After tax
22 447
5 143
32 715
43 770
Living cost
20 440
20 440
20 440
20 440
Free-cash
2 007
-15 297
12 275
23 330

Estimated living cost  is ₽20440 per week

₽14981
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1132
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽427
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3901
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽43143
₽52668
₽55208
₽51233
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
9 571
-
63 500
-
income
1 914
-
12 700
-
total
1 914
-
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%.

53 929
63 500
-
-
total
-
-
-
-
Dividends
53 929
63 500
-
-
withholding
2 696
3 175
-
-
total
2 696
3 175
-
-
Income
63 500
63 500
63 500
63 500
Total tax
4 610
3 175
12 700
635
After tax
58 890
60 325
50 800
62 865
Living cost
7 657
7 657
7 657
7 657
Free-cash
51 233
52 668
43 143
55 208

Estimated living cost  is ₽7657 per week

₽4745
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽636
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽210
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2065
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽12667
₽22096
₽9825
₽15872
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 017
health
-
-
-
2 795
income
-
-
-
8 064
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.

-
-
-
15 242
total
-
-
-
29 118
Employee
33 462
-
50 717
-
income
5 761
-
8 730
-
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.

2 342
-
3 550
-
health
469
-
710
-
unemployment
334
-
507
-
total
8 906
-
13 497
-
Employer
33 462
-
50 717
-
other
1 674
-
2 534
-
unemployment
334
-
507
-
health
469
-
710
-
accident
268
-
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.

5 689
-
8 622
-
total
8 434
-
12 779
-
Corporate
21 605
63 500
-
-
income
4 537
13 335
-
-
total
4 537
13 335
-
-
Dividends
17 068
50 165
-
-
withholding
1 194
3 512
-
-
total
1 194
3 512
-
-
Income
63 500
63 500
63 500
63 500
Total tax
23 071
16 847
26 276
29 118
After tax
40 429
46 653
37 224
34 382
Living cost
24 557
24 557
24 557
24 557
Free-cash
15 872
22 096
12 667
9 825

Estimated living cost  is ₽24557 per week

₽17351
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1658
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽395
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5152
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽20232
-₽13310
-₽13445
-₽34456
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
11 862
pensions
-
-
-
4 195
total
-
-
-
16 057
Employee
86 147
-
56 368
-
income
15 529
-
10 164
-
health
1 420
-
810
-
pensions
8 311
-
4 738
-
total
25 260
-
15 712
-
Employer
86 147
-
56 368
-
health
1 636
-
1 071
-
pensions
10 172
-
6 061
-
total
11 808
-
7 132
-
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.

-
12 064
-
-
total
-
12 064
-
-
Dividends
-
51 436
-
-
withholding
-
3 858
-
-
total
-
3 858
-
-
Income
63 500
63 500
63 500
63 500
Total tax
37 068
15 922
22 844
16 057
After tax
26 432
47 578
40 656
47 443
Living cost
60 888
60 888
60 888
60 888
Free-cash
-34 456
-13 310
-20 232
-13 445

Estimated living cost  is ₽60888 per week

₽45625
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7154
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽495
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7615
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽35019
₽42369
₽33571
₽38147
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
3 653
income
-
-
-
9 525
pensions

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

-
-
-
4 701
unemployment
-
-
-
127
total
-
-
-
18 006
Employee
15 787
-
57 268
-
income
1 578
-
5 727
-
accident

We are using the highest rate at 1.1%.

174
-
349
-
pensions

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

1 386
-
2 789
-
health
726
-
1 461
-
total
3 864
-
10 326
-
Employer
15 787
-
57 268
-
unemployment
94
-
191
-
health
1 090
-
2 192
-
accident

We are using the highest rate at 1.1%.

174
-
349
-
pensions

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

1 740
-
3 500
-
total
3 098
-
6 232
-
Corporate
44 615
63 500
-
-
income
4 461
6 350
-
-
total
4 461
6 350
-
-
Dividends
40 154
57 150
-
-
withholding
2 007
2 858
-
-
total
2 007
2 858
-
-
Income
63 500
63 500
63 500
63 500
Total tax
13 430
9 208
16 558
18 006
After tax
50 070
54 292
46 942
45 494
Living cost
11 923
11 923
11 923
11 923
Free-cash
38 147
42 369
35 019
33 571

Estimated living cost  is ₽11923 per week

₽6961
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽851
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽316
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3795
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽40514
-₽35341
-₽14901
-₽36903
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
9 409
income
-
-
-
7 090
pensions
-
-
-
10 798
total
-
-
-
27 297
Employee
85 443
78 700
78 700
-
income

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

12 882
12 882
12 882
-
pensions
10 798
10 798
14 166
-
health
10 660
10 275
12 080
-
total
34 340
33 955
39 128
-
Employer
85 443
78 700
78 700
-
unemployment
3 076
2 833
2 833
-
health
5 937
5 471
5 471
-
pensions
5 946
5 478
5 478
-
total
14 959
13 782
13 782
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
63 500
63 500
63 500
63 500
Total tax
49 299
47 737
52 910
27 297
After tax
14 201
15 763
10 590
36 203
Living cost
51 104
51 104
51 104
51 104
Free-cash
-36 903
-35 341
-40 514
-14 901

Estimated living cost  is ₽51104 per week

₽37697
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4565
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽586
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8257
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽9475
₽20971
₽8179
₽12855
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
8 572
income
-
-
-
5 458
solidarity contribution
-
-
-
-
total
-
-
-
32 572
Employee
33 454
-
47 388
-
social contributions
2 175
-
3 080
-
solidarity contribution
-
-
-
-
income
4 014
-
5 687
-
health
4 516
-
6 397
-
total
10 705
-
15 164
-
Employer
33 454
-
47 388
-
health
3 011
-
4 265
-
social contributions
8 363
-
11 847
-
total
11 374
-
16 112
-
Corporate
18 672
63 500
-
-
income
3 548
12 065
-
-
total
3 548
12 065
-
-
Dividends
15 124
51 435
-
-
withholding
2 269
7 715
-
-
total
2 269
7 715
-
-
Income
63 500
63 500
63 500
63 500
Total tax
27 896
19 780
31 276
32 572
After tax
35 604
43 720
32 224
30 928
Living cost
22 749
22 749
22 749
22 749
Free-cash
12 855
20 971
9 475
8 179

Estimated living cost  is ₽22749 per week

₽15801
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1618
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽447
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4882
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽8026
-₽5007
-₽4438
-₽18406
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
16 333
national
-
-
-
11 686
regional
-
-
-
653
municipal
-
-
-
378
total
-
-
-
29 050
Employee
81 905
-
63 500
-
social contributions
27 619
-
21 412
-
municipal
434
-
338
-
national
14 192
-
10 315
-
regional
773
-
573
-
total
43 018
-
32 638
-
Employer
81 905
-
63 500
-
total
-
-
-
-
Corporate
-
63 500
-
-
nationa
-
15 240
-
-
municipal
-
2 476
-
-
total
-
17 716
-
-
Dividends
-
45 784
-
-
withholding
-
11 903
-
-
total
-
11 903
-
-
Income
63 500
63 500
63 500
63 500
Total tax
43 018
29 619
32 638
29 050
After tax
20 482
33 881
30 862
34 450
Living cost
38 888
38 888
38 888
38 888
Free-cash
-18 406
-5 007
-8 026
-4 438

Estimated living cost  is ₽38888 per week

₽27108
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2550
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽596
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8633
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽13272
₽19606
₽14668
₽16736
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
-
health
-
-
-
4 509
income
-
-
-
10 215
pensions
-
-
-
12 700
surtax
-
-
-
862
unemployment
-
-
-
210
total
-
-
-
28 496
Employee
30 477
-
52 457
-
surtax
100
-
757
-
income
5 109
-
9 603
-
other
-
-
-
-
pensions
2 032
-
3 500
-
health
778
-
1 338
-
unemployment
2 121
-
3 652
-
total
10 140
-
18 850
-
Employer
30 477
-
52 457
-
other
-
-
-
-
unemployment
965
-
1 663
-
health
1 387
-
2 387
-
pensions
4 063
-
6 992
-
total
6 415
-
11 042
-
Corporate
26 609
63 500
-
-
income
6 919
16 510
-
-
total
6 919
16 510
-
-
Dividends
19 690
46 990
-
-
withholding
2 954
7 048
-
-
total
2 954
7 048
-
-
Income
63 500
63 500
63 500
63 500
Total tax
26 428
23 558
29 892
28 496
After tax
37 072
39 942
33 608
35 004
Living cost
20 336
20 336
20 336
20 336
Free-cash
16 736
19 606
13 272
14 668

Estimated living cost  is ₽20336 per week

₽12435
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1877
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.
₽5556
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Thessaloniki model

Close
Cambridge , United Kingdom
-₽941
₽5981
₽5846
-₽1580
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
11 862
pensions
-
-
-
4 195
total
-
-
-
16 057
Employee
57 734
-
56 368
-
income
10 398
-
10 164
-
health
838
-
810
-
pensions
4 900
-
4 738
-
total
16 136
-
15 712
-
Employer
57 734
-
56 368
-
health
1 097
-
1 071
-
pensions
6 250
-
6 061
-
total
7 347
-
7 132
-
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.

-
12 064
-
-
total
-
12 064
-
-
Dividends
-
51 436
-
-
withholding
-
3 858
-
-
total
-
3 858
-
-
Income
63 500
63 500
63 500
63 500
Total tax
23 483
15 922
22 844
16 057
After tax
40 017
47 578
40 656
47 443
Living cost
41 597
41 597
41 597
41 597
Free-cash
-1 580
5 981
-941
5 846

Estimated living cost  is ₽41597 per week

₽31164
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3118
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽435
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6879
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽23193
-₽44580
-₽19944
-₽30859
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
1 271
health
-
-
-
240
pensions
-
-
-
5 842
city
-
-
-
667
national
-
-
-
221
regional
-
-
-
1 586
total
-
-
-
9 827
Employee
86 151
-
56 835
-
national
408
-
183
-
city
925
-
611
-
pensions
7 238
-
4 772
-
health
195
-
129
-
regional
2 821
-
1 344
-
unemployment
-
-
-
-
total
11 587
-
7 039
-
Employer
86 151
-
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.

1 722
-
1 136
-
unemployment
-
-
-
-
health
195
-
129
-
pensions
7 238
-
4 772
-
total
9 155
-
6 037
-
Corporate
-
63 500
-
-
regional
-
13 430
-
-
national
-
5 398
-
-
total
-
18 828
-
-
Dividends
-
44 672
-
-
withholding
-
15 635
-
-
total
-
15 635
-
-
Income
63 500
63 500
63 500
63 500
Total tax
20 742
34 463
13 076
9 827
After tax
42 758
29 037
50 424
53 673
Living cost
73 617
73 617
73 617
73 617
Free-cash
-30 859
-44 580
-23 193
-19 944

Estimated living cost  is ₽73617 per week

₽47872
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6606
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽904
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18235
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽5464
-₽10683
₽1922
₽4261
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 296
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.

-
-
-
9 024
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.

-
-
-
497
trade
-
-
-
3 542
total
-
-
-
19 359
Employee

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

55 386
-
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.

359
-
497
-
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.

6 513
-
9 024
-
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.

6 296
-
6 296
-
total
13 168
-
15 817
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
8 114
63 500
-
-
chamber of commerce
152
229
-
-
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.

66
525
-
-
trade
1 392
10 890
-
-
income
1 217
9 524
-
-
total
2 827
21 168
-
-
Dividends
5 286
42 331
-
-
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.

54
563
-
-
withholding
971
10 233
-
-
total
1 025
10 796
-
-
Income
63 500
63 500
63 500
63 500
Total tax
17 020
31 964
15 817
19 359
After tax
46 480
31 536
47 683
44 141
Living cost
42 219
42 219
42 219
42 219
Free-cash
4 261
-10 683
5 464
1 922

Estimated living cost  is ₽42219 per week

₽30835
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3377
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.
₽7459
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽6600
₽473
₽6282
₽5913
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 808
health
-
-
-
551
income
-
-
-
3 370
pensions
-
-
-
17 989
surtax
-
-
-
-
total
-
-
-
25 687
Employee
39 443
-
48 384
-
surtax
-
-
-
-
social contributions
1 125
-
1 378
-
income
2 328
-
3 409
-
pensions
4 460
-
5 472
-
total
7 913
-
10 259
-
Employer
39 443
-
48 384
-
other
1 361
-
1 668
-
unemployment
1 597
-
1 959
-
health
2 762
-
3 388
-
pensions
6 480
-
7 950
-
social contributions
119
-
145
-
total
12 319
-
15 110
-
Corporate
11 740
63 500
-
-
surtax
-
-
-
-
income
3 288
17 779
-
-
total
3 288
17 779
-
-
Dividends
8 452
45 721
-
-
social contributions
1 453
7 865
-
-
surtax
-
-
-
-
withholding
1 083
5 852
-
-
total
2 536
13 717
-
-
Income
63 500
63 500
63 500
63 500
Total tax
26 056
31 496
25 369
25 687
After tax
37 444
32 004
38 131
37 813
Living cost
31 531
31 531
31 531
31 531
Free-cash
5 913
473
6 600
6 282

Estimated living cost  is ₽31531 per week

₽19881
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2564
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽537
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽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 Nice model

Close
Marseille , France
₽9724
₽3597
₽9406
₽8720
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 808
health
-
-
-
551
income
-
-
-
3 370
pensions
-
-
-
17 989
surtax
-
-
-
-
total
-
-
-
25 687
Employee
35 208
-
48 384
-
surtax
-
-
-
-
social contributions
1 004
-
1 378
-
income
1 815
-
3 409
-
pensions
3 982
-
5 472
-
total
6 801
-
10 259
-
Employer
35 208
-
48 384
-
other
1 215
-
1 668
-
unemployment
1 425
-
1 959
-
health
2 464
-
3 388
-
pensions
5 785
-
7 950
-
social contributions
105
-
145
-
total
10 994
-
15 110
-
Corporate
17 297
63 500
-
-
surtax
-
-
-
-
income
4 843
17 779
-
-
total
4 843
17 779
-
-
Dividends
12 454
45 721
-
-
social contributions
2 142
7 865
-
-
surtax
-
-
-
-
withholding
1 593
5 852
-
-
total
3 735
13 717
-
-
Income
63 500
63 500
63 500
63 500
Total tax
26 373
31 496
25 369
25 687
After tax
37 127
32 004
38 131
37 813
Living cost
28 407
28 407
28 407
28 407
Free-cash
8 720
3 597
9 724
9 406

Estimated living cost  is ₽28407 per week

₽16475
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2886
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽539
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8508
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽18131
₽19199
₽21238
₽19676
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 764
health
-
-
-
4 432
income
-
-
-
9 524
total
-
-
-
22 720
Employee
31 247
-
63 500
-
social contributions
4 313
-
8 764
-
income
5 212
-
12 631
-
health
2 181
-
4 432
-
total
11 706
-
25 827
-
Employer
31 247
-
63 500
-
total
-
-
-
-
Corporate
32 253
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%.

1 612
3 174
-
-
total
1 612
3 174
-
-
Dividends
30 640
60 326
-
-
social contributions
4 229
8 325
-
-
withholding
4 596
9 049
-
-
health
2 139
4 211
-
-
total
10 964
21 585
-
-
Income
63 500
63 500
63 500
63 500
Total tax
24 282
24 759
25 827
22 720
After tax
39 218
38 741
37 673
40 780
Living cost
19 542
19 542
19 542
19 542
Free-cash
19 676
19 199
18 131
21 238

Estimated living cost  is ₽19542 per week

₽13078
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1205
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽449
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4808
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽9758
₽3605
₽1856
₽2178
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
4 858
income
-
-
-
6 478
chamber of commerce
-
-
-
254
pensions
-
-
-
11 747
surtax
-
-
-
182
unemployment
-
-
-
5 652
total
-
-
-
29 171
Employee
46 057
36 727
49 166
-
income
5 243
2 709
6 135
-
other
460
367
491
-
pensions
4 717
3 760
5 035
-
health
1 782
1 422
1 903
-
unemployment
1 382
1 102
1 474
-
total
13 584
9 360
15 038
-
Employer
46 057
36 727
49 166
-
other
2 188
1 744
2 335
-
unemployment
1 382
1 102
1 474
-
health
1 740
1 389
1 859
-
surtax
182
182
182
-
accident
598
477
638
-
pensions
5 780
4 610
6 170
-
payroll
1 382
1 102
1 474
-
chamber of commerce
184
147
196
-
total
13 436
10 753
14 328
-
Corporate
4 008
16 021
45 674
-
income

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

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

1 002
4 005
11 419
-
total
1 002
4 005
11 419
-
Dividends
3 006
12 016
-
-
withholding
827
3 304
-
-
total
827
3 304
-
-
Income
63 500
63 500
63 500
63 500
Total tax
28 849
27 422
40 785
29 171
After tax
34 651
36 078
22 715
34 329
Living cost
32 473
32 473
32 473
32 473
Free-cash
2 178
3 605
-9 758
1 856

Estimated living cost  is ₽32473 per week

₽21658
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2770
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽533
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7511
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽7125
₽2115
-₽1062
-₽21611
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 358
communal

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

-
-
-
3 309
national
-
-
-
19 293
total
-
-
-
30 960
Employee

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

65 922
-
49 180
-
national
20 267
-
13 717
-
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.

4 944
-
3 688
-
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.

3 097
-
2 310
-
communal

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

3 438
-
2 566
-
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.

574
-
428
-
total
32 320
-
22 709
-
Employer

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

65 922
-
49 180
-
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.

962
-
719
-
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.

4 054
-
3 026
-
surtax
7 475
-
5 575
-
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.

857
-
638
-
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.

5 841
-
4 356
-
total
19 189
-
14 314
-
Corporate
-
63 500
-
-
surtax
-
254
-
-
income
-
12 700
-
-
total
-
12 954
-
-
Dividends
-
50 546
-
-
withholding

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

-
14 829
-
-
total
-
14 829
-
-
Income
63 500
63 500
63 500
63 500
Total tax
51 509
27 783
37 023
30 960
After tax
11 991
35 717
26 477
32 540
Living cost
33 602
33 602
33 602
33 602
Free-cash
-21 611
2 115
-7 125
-1 062

Estimated living cost  is ₽33602 per week

₽21644
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2938
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.
₽8494
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽1490
₽9568
₽1041
₽2066
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
572
income
-
-
-
10 127
pensions
-
-
-
17 970
unemployment
-
-
-
444
total
-
-
-
29 176
Employee
45 875
-
48 150
-
income
9 679
-
10 319
-
other
45
-
49
-
pensions
2 156
-
2 263
-
unemployment
712
-
747
-
total
12 592
-
13 378
-
Employer
45 875
-
48 150
-
other
366
-
385
-
unemployment
2 524
-
2 648
-
accident
908
-
953
-
pensions
10 826
-
11 363
-
total
14 624
-
15 349
-
Corporate
3 003
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.

451
9 524
-
-
total
451
9 524
-
-
Dividends
2 552
53 976
-
-
withholding
484
11 125
-
-
total
484
11 125
-
-
Income
63 500
63 500
63 500
63 500
Total tax
28 151
20 649
28 727
29 176
After tax
35 349
42 851
34 773
34 324
Living cost
33 283
33 283
33 283
33 283
Free-cash
2 066
9 568
1 490
1 041

Estimated living cost  is ₽33283 per week

₽24509
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2361
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽479
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5932
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽7848
-₽10530
-₽9053
-₽14628
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
4 762
accident
-
-
-
572
income
-
-
-
3 617
pensions
-
-
-
10 159
communal
-
-
-
-
surtax
-
-
-
3 360
total
-
-
-
22 470
Employee
69 791
-
56 721
-
surtax
4 278
-
3 477
-
income
6 741
-
3 947
-
pensions
5 582
-
4 538
-
health
3 106
-
2 524
-
total
19 707
-
14 486
-
Employer
69 791
-
56 721
-
health
2 128
-
1 730
-
accident
628
-
511
-
pensions
5 582
-
4 538
-
total
8 338
-
6 779
-
Corporate
-
63 500
-
-
surtax
-
666
-
-
income
-
9 524
-
-
communal
-
4 287
-
-
total
-
14 477
-
-
Dividends
-
49 023
-
-
income
-
2 116
-
-
withholding
-
7 354
-
-
total
-
9 470
-
-
Income
63 500
63 500
63 500
63 500
Total tax
28 045
23 947
21 265
22 470
After tax
35 455
39 553
42 235
41 030
Living cost
50 083
50 083
50 083
50 083
Free-cash
-14 628
-10 530
-7 848
-9 053

Estimated living cost  is ₽50083 per week

₽37570
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3034
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽530
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8947
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽12908
₽19242
₽14304
₽16309
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
-
health
-
-
-
4 509
income
-
-
-
10 215
pensions
-
-
-
12 700
surtax
-
-
-
862
unemployment
-
-
-
210
total
-
-
-
28 496
Employee
31 036
-
52 457
-
surtax
110
-
757
-
income
5 203
-
9 603
-
other
-
-
-
-
pensions
2 071
-
3 500
-
health
792
-
1 338
-
unemployment
2 160
-
3 652
-
total
10 336
-
18 850
-
Employer
31 036
-
52 457
-
other
-
-
-
-
unemployment
985
-
1 663
-
health
1 411
-
2 387
-
pensions
4 138
-
6 992
-
total
6 534
-
11 042
-
Corporate
25 930
63 500
-
-
income
6 742
16 510
-
-
total
6 742
16 510
-
-
Dividends
19 188
46 990
-
-
withholding
2 879
7 048
-
-
total
2 879
7 048
-
-
Income
63 500
63 500
63 500
63 500
Total tax
26 491
23 558
29 892
28 496
After tax
37 009
39 942
33 608
35 004
Living cost
20 700
20 700
20 700
20 700
Free-cash
16 309
19 242
12 908
14 304

Estimated living cost  is ₽20700 per week

₽12498
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1800
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽481
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5924
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽5755
₽8551
₽9319
₽6504
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
16 333
national
-
-
-
11 686
regional
-
-
-
958
municipal
-
-
-
378
total
-
-
-
29 355
Employee
51 122
-
63 500
-
social contributions
17 239
-
21 412
-
municipal
271
-
338
-
national
8 099
-
10 315
-
regional
688
-
854
-
total
26 297
-
32 919
-
Employer
51 122
-
63 500
-
total
-
-
-
-
Corporate
12 378
63 500
-
-
nationa
2 971
15 240
-
-
municipal
616
3 157
-
-
total
3 587
18 397
-
-
Dividends
8 791
45 103
-
-
withholding
2 286
11 726
-
-
total
2 286
11 726
-
-
Income
63 500
63 500
63 500
63 500
Total tax
32 170
30 123
32 919
29 355
After tax
31 330
33 377
30 581
34 145
Living cost
24 826
24 826
24 826
24 826
Free-cash
6 504
8 551
5 755
9 319

Estimated living cost  is ₽24826 per week

₽15439
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2515
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽425
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6446
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽4192
₽15688
₽2896
₽5687
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
8 572
income
-
-
-
5 458
solidarity contribution
-
-
-
-
total
-
-
-
32 572
Employee
41 224
-
47 388
-
social contributions
2 680
-
3 080
-
solidarity contribution
-
-
-
-
income
4 947
-
5 687
-
health
5 565
-
6 397
-
total
13 192
-
15 164
-
Employer
41 224
-
47 388
-
health
3 710
-
4 265
-
social contributions
10 306
-
11 847
-
total
14 016
-
16 112
-
Corporate
8 260
63 500
-
-
income
1 569
12 065
-
-
total
1 569
12 065
-
-
Dividends
6 691
51 435
-
-
withholding
1 004
7 715
-
-
total
1 004
7 715
-
-
Income
63 500
63 500
63 500
63 500
Total tax
29 781
19 780
31 276
32 572
After tax
33 719
43 720
32 224
30 928
Living cost
28 032
28 032
28 032
28 032
Free-cash
5 687
15 688
4 192
2 896

Estimated living cost  is ₽28032 per week

₽20847
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1553
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.
₽5148
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽6654
₽6775
₽5109
₽6320
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
4 858
income
-
-
-
6 478
chamber of commerce
-
-
-
254
pensions
-
-
-
11 747
surtax
-
-
-
-
unemployment
-
-
-
5 652
total
-
-
-
28 989
Employee
40 285
36 727
49 306
-
income
3 589
2 709
6 174
-
other
402
367
493
-
pensions
4 126
3 760
5 049
-
health
1 558
1 422
1 908
-
unemployment
1 208
1 102
1 480
-
total
10 883
9 360
15 104
-
Employer
40 285
36 727
49 306
-
other
1 913
1 744
2 344
-
unemployment
1 208
1 102
1 480
-
health
1 523
1 389
1 864
-
surtax
-
-
-
-
accident
523
477
642
-
pensions
5 056
4 610
6 188
-
payroll
1 208
1 102
1 480
-
chamber of commerce
161
147
198
-
total
11 592
10 571
14 196
-
Corporate
11 621
16 203
45 808
-
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.

2 905
4 050
11 452
-
total
2 905
4 050
11 452
-
Dividends
8 716
12 152
-
-
withholding
2 398
3 342
-
-
total
2 398
3 342
-
-
Income
63 500
63 500
63 500
63 500
Total tax
27 778
27 323
40 752
28 989
After tax
35 722
36 177
22 748
34 511
Living cost
29 402
29 402
29 402
29 402
Free-cash
6 320
6 775
-6 654
5 109

Estimated living cost  is ₽29402 per week

₽17638
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3003
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8237
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38868
₽48393
₽50933
₽46156
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
14 915
-
63 500
-
income
2 983
-
12 700
-
total
2 983
-
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%.

48 585
63 500
-
-
total
-
-
-
-
Dividends
48 585
63 500
-
-
withholding
2 429
3 175
-
-
total
2 429
3 175
-
-
Income
63 500
63 500
63 500
63 500
Total tax
5 412
3 175
12 700
635
After tax
58 088
60 325
50 800
62 865
Living cost
11 932
11 932
11 932
11 932
Free-cash
46 156
48 393
38 868
50 933

Estimated living cost  is ₽11932 per week

₽8075
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽501
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽400
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2956
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽7572
₽19001
₽9392
₽11293
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
6 247
income
-
-
-
11 451
pensions
-
-
-
11 597
unemployment
-
-
-
94
total
-
-
-
29 389
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.

40 753
-
54 946
-
income
7 028
-
10 512
-
pensions
6 317
-
8 517
-
health
2 632
-
3 549
-
unemployment
58
-
77
-
total
16 035
-
22 655
-
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.

40 753
-
54 946
-
unemployment
24
-
33
-
health
2 714
-
3 659
-
pensions
3 606
-
4 862
-
total
6 344
-
8 554
-
Corporate
16 402
63 500
-
-
income
3 117
12 066
-
-
total
3 117
12 066
-
-
Dividends
13 285
51 434
-
-
withholding
1 992
7 714
-
-
total
1 992
7 714
-
-
Income
63 500
63 500
63 500
63 500
Total tax
27 488
19 780
31 209
29 389
After tax
36 012
43 720
32 291
34 111
Living cost
24 719
24 719
24 719
24 719
Free-cash
11 293
19 001
7 572
9 392

Estimated living cost  is ₽24719 per week

₽16964
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1584
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽479
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5693
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽8833
-₽3261
₽1990
-₽81268
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
60 070
-
-
-
social contributions
4 926
-
702
-
income
13 250
-
-
-
total
18 176
-
702
-
Employer
60 070
-
-
-
social contributions
84 698
-
12 071
-
total
84 698
-
12 071
-
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
102 874
24 867
12 773
19 616
After tax
-39 374
38 633
50 727
43 884
Living cost
41 894
41 894
41 894
41 894
Free-cash
-81 268
-3 261
8 833
1 990

Estimated living cost  is ₽41894 per week

₽27182
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3940
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽10237
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽5126
₽7213
₽7325
₽6283
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
22 066
income
-
-
-
5 202
surtax
-
-
-
-
total
-
-
-
27 268
Employee
42 386
-
51 314
-
surtax
-
-
-
-
social contributions
4 663
-
5 644
-
income
8 816
-
11 637
-
total
13 479
-
17 281
-
Employer
42 386
-
51 314
-
social contributions
10 067
-
12 186
-
total
10 067
-
12 186
-
Corporate
11 047
63 500
-
-
surtax
-
-
-
-
income
2 321
13 335
-
-
total
2 321
13 335
-
-
Dividends
8 727
50 165
-
-
withholding
2 443
14 045
-
-
total
2 443
14 045
-
-
Income
63 500
63 500
63 500
63 500
Total tax
28 310
27 380
29 467
27 268
After tax
35 190
36 120
34 033
36 232
Living cost
28 907
28 907
28 907
28 907
Free-cash
6 283
7 213
5 126
7 325

Estimated living cost  is ₽28907 per week

₽21629
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1705
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽483
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5091
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽6381
-₽12508
-₽6699
-₽12248
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 808
health
-
-
-
551
income
-
-
-
3 370
pensions
-
-
-
17 989
surtax
-
-
-
-
total
-
-
-
25 687
Employee
57 721
-
48 384
-
surtax
-
-
-
-
social contributions
1 644
-
1 378
-
income
5 036
-
3 409
-
pensions
6 529
-
5 472
-
total
13 209
-
10 259
-
Employer
57 721
-
48 384
-
other
1 992
-
1 668
-
unemployment
2 338
-
1 959
-
health
4 040
-
3 388
-
pensions
9 484
-
7 950
-
social contributions
173
-
145
-
total
18 027
-
15 110
-
Corporate
-
63 500
-
-
surtax
-
-
-
-
income
-
17 779
-
-
total
-
17 779
-
-
Dividends
-
45 721
-
-
social contributions
-
7 865
-
-
surtax
-
-
-
-
withholding
-
5 852
-
-
total
-
13 717
-
-
Income
63 500
63 500
63 500
63 500
Total tax
31 236
31 496
25 369
25 687
After tax
32 264
32 004
38 131
37 813
Living cost
44 512
44 512
44 512
44 512
Free-cash
-12 248
-12 508
-6 381
-6 699

Estimated living cost  is ₽44512 per week

₽30125
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3641
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽610
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10135
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽23231
₽29447
₽21449
₽26350
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
378
social contributions
-
-
-
13 970
total
-
-
-
14 348
Employee
29 628
-
54 978
-
income
-
-
472
-
social contributions
1 926
-
3 573
-
total
1 926
-
4 045
-
Employer
29 628
-
54 978
-
social contributions
4 593
-
8 521
-
total
4 593
-
8 521
-
Corporate
29 279
63 500
-
-
income
2 928
6 350
-
-
total
2 928
6 350
-
-
Dividends
26 352
57 150
-
-
total
-
-
-
-
Income
63 500
63 500
63 500
63 500
Total tax
9 447
6 350
12 566
14 348
After tax
54 053
57 150
50 934
49 152
Living cost
27 703
27 703
27 703
27 703
Free-cash
26 350
29 447
23 231
21 449

Estimated living cost  is ₽27703 per week

₽17912
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2088
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽521
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7181
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽136980
-₽136980
-₽3783
-₽136980
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
labour market
-
-
-
5 016
pensions
-
-
-
798
national
-
-
-
6 300
municipal
-
-
-
10 854
total
-
-
-
22 968
Employee
187 041
187 041
187 041
-
labour market
14 942
14 942
14 942
-
municipal
39 829
39 829
39 829
-
national
22 850
22 850
22 850
-
pensions
266
266
266
-
total
77 887
77 887
77 887
-
Employer
187 041
187 041
187 041
-
national
22 890
22 890
22 890
-
labour market
14 963
14 963
14 963
-
pensions
532
532
532
-
municipal
39 893
39 893
39 893
-
total
78 278
78 278
78 278
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
63 500
63 500
63 500
63 500
Total tax
156 165
156 165
156 165
22 968
After tax
-92 665
-92 665
-92 665
40 532
Living cost
44 315
44 315
44 315
44 315
Free-cash
-136 980
-136 980
-136 980
-3 783

Estimated living cost  is ₽44315 per week

₽30329
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3920
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽682
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9383
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽12576
-₽14996
₽23631
₽2054
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
344
health
-
-
-
2 026
accident
-
-
-
235
income
-
-
-
13 259
pensions
-
-
-
3 866
total
-
-
-
19 730
Employee
31 679
-
52 749
-
income
4 346
-
8 056
-
pensions
3 567
-
5 940
-
health
3 628
-
6 039
-
total
11 541
-
20 035
-
Employer
31 679
-
52 749
-
unemployment
776
-
1 292
-
accident
529
-
881
-
pensions
5 151
-
8 577
-
total
6 456
-
10 750
-
Corporate
25 364
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.

22 828
57 150
-
-
total
22 828
57 150
-
-
Dividends
2 536
6 350
-
-
withholding
482
1 207
-
-
total
482
1 207
-
-
Income
63 500
63 500
63 500
63 500
Total tax
41 307
58 357
30 785
19 730
After tax
22 193
5 143
32 715
43 770
Living cost
20 139
20 139
20 139
20 139
Free-cash
2 054
-14 996
12 576
23 631

Estimated living cost  is ₽20139 per week

₽14659
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1148
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽378
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3954
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽3113
₽8122
₽12390
₽4057
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
593
national
-
-
-
3 811
municipal
-
-
-
11 324
total
-
-
-
15 728
Employee
48 487
-
53 418
-
municipal
7 942
-
8 743
-
national
801
-
1 338
-
pensions
3 272
-
3 606
-
health
362
-
437
-
unemployment
728
-
801
-
total
13 105
-
14 925
-
Employer
48 487
-
53 418
-
unemployment
315
-
348
-
health
373
-
411
-
accident
49
-
54
-
pensions
8 412
-
9 267
-
total
9 149
-
10 080
-
Corporate
5 865
63 500
-
-
income
1 174
12 700
-
-
total
1 174
12 700
-
-
Dividends

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

3 518
38 100
-
-
national
-
439
-
-
municipal
633
6 857
-
-
total
633
7 296
-
-
Income
63 500
63 500
63 500
63 500
Total tax
24 061
19 996
25 005
15 728
After tax
39 439
43 504
38 495
47 772
Living cost
35 382
35 382
35 382
35 382
Free-cash
4 057
8 122
3 113
12 390

Estimated living cost  is ₽35382 per week

₽23112
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3403
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽563
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8305
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽23592
₽21322
₽26913
₽20294
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
9 906
health
-
-
-
1 619
income
-
-
-
3 725
total
-
-
-
15 250
Employee
70 866
70 866
70 866
-
social contributions
2 679
5 882
4 785
-
income
7 716
6 560
6 955
-
health
549
1 205
979
-
total
10 944
13 647
12 719
-
Employer
70 866
70 866
70 866
-
health
596
1 312
1 067
-
social contributions
2 679
5 882
4 785
-
total
3 275
7 194
5 852
-
Corporate
27 942
-
-
-
income
3 493
-
-
-
total
3 493
-
-
-
Dividends
24 450
-
-
-
withholding
4 157
-
-
-
total
4 157
-
-
-
Income
63 500
63 500
63 500
63 500
Total tax
21 869
20 841
18 571
15 250
After tax
41 631
42 659
44 929
48 250
Living cost
21 337
21 337
21 337
21 337
Free-cash
20 294
21 322
23 592
26 913

Estimated living cost  is ₽21337 per week

₽12788
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2093
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽472
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5985
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽24635
₽37952
₽34001
₽33265
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
3 335
income
-
-
-
5 644
pensions
-
-
-
5 862
unemployment
-
-
-
26
total
-
-
-
14 867
Employee

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

21 154
-
57 568
-
income
1 446
-
4 486
-
pensions
3 172
-
8 636
-
health
1 798
-
4 893
-
unemployment
105
-
289
-
total
6 521
-
18 304
-
Employer

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

21 154
-
57 568
-
unemployment
105
-
289
-
health
909
-
2 475
-
pensions
1 163
-
3 165
-
total
2 177
-
5 929
-
Corporate
40 169
63 500
-
-
income
3 615
5 715
-
-
total
3 615
5 715
-
-
Dividends
36 554
57 785
-
-
withholding
3 290
5 201
-
-
total
3 290
5 201
-
-
Income
63 500
63 500
63 500
63 500
Total tax
15 603
10 916
24 233
14 867
After tax
47 897
52 584
39 267
48 633
Living cost
14 632
14 632
14 632
14 632
Free-cash
33 265
37 952
24 635
34 001

Estimated living cost  is ₽14632 per week

₽9336
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1055
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽435
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3806
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽9430
₽17508
₽8981
₽12673
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
572
income
-
-
-
10 127
pensions
-
-
-
17 970
unemployment
-
-
-
444
total
-
-
-
29 176
Employee
34 077
-
48 150
-
income
6 570
-
10 319
-
other
33
-
49
-
pensions
1 602
-
2 263
-
unemployment
528
-
747
-
total
8 733
-
13 378
-
Employer
34 077
-
48 150
-
other
273
-
385
-
unemployment
1 875
-
2 648
-
accident
675
-
953
-
pensions
8 041
-
11 363
-
total
10 864
-
15 349
-
Corporate
18 559
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.

2 784
9 524
-
-
total
2 784
9 524
-
-
Dividends
15 775
53 976
-
-
withholding
3 103
11 125
-
-
total
3 103
11 125
-
-
Income
63 500
63 500
63 500
63 500
Total tax
25 484
20 649
28 727
29 176
After tax
38 016
42 851
34 773
34 324
Living cost
25 343
25 343
25 343
25 343
Free-cash
12 673
17 508
9 430
8 981

Estimated living cost  is ₽25343 per week

₽17106
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2436
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽444
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5357
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38466
₽37931
₽38588
₽37652
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
895
income
-
-
-
21 089
pensions
-
-
-
1 235
total
-
-
-
23 219
Employee
2 579
-
62 110
-
income
499
-
21 024
-
pensions
232
-
556
-
health
129
-
309
-
unemployment
26
-
62
-
total
886
-
21 951
-
Employer
2 579
-
62 110
-
unemployment
52
-
124
-
health
245
-
587
-
pensions
284
-
679
-
total
581
-
1 390
-
Corporate
60 341
63 500
-
-
income
13 275
13 970
-
-
total
13 275
13 970
-
-
Dividends
47 066
49 530
-
-
withholding
9 413
9 906
-
-
total
9 413
9 906
-
-
Income
63 500
63 500
63 500
63 500
Total tax
24 155
23 876
23 341
23 219
After tax
39 345
39 624
40 159
40 281
Living cost
1 693
1 693
1 693
1 693
Free-cash
37 652
37 931
38 466
38 588

Estimated living cost  is ₽1693 per week

₽1006
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽137
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽39
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽511
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽17707
₽29967
₽15208
₽25440
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
6 540
income
-
-
-
8 377
pensions
-
-
-
16 510
unemployment
-
-
-
953
total
-
-
-
32 380
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.

23 995
-
53 859
-
income
3 308
-
9 522
-
pensions
3 359
-
7 540
-
health
1 236
-
2 774
-
unemployment
180
-
404
-
total
8 083
-
20 240
-
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.

23 995
-
53 859
-
unemployment
180
-
404
-
health
1 236
-
2 774
-
pensions
2 879
-
6 463
-
total
4 295
-
9 641
-
Corporate
35 210
63 500
-
-
income
5 281
9 525
-
-
total
5 281
9 525
-
-
Dividends
29 928
53 975
-
-
withholding
4 489
8 096
-
-
total
4 489
8 096
-
-
Income
63 500
63 500
63 500
63 500
Total tax
22 148
17 621
29 881
32 380
After tax
41 352
45 879
33 619
31 120
Living cost
15 912
15 912
15 912
15 912
Free-cash
25 440
29 967
17 707
15 208

Estimated living cost  is ₽15912 per week

₽10714
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1231
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.
₽3507
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽9188
₽11275
₽11387
₽10942
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
22 066
income
-
-
-
5 202
surtax
-
-
-
-
total
-
-
-
27 268
Employee
35 769
-
51 314
-
surtax
-
-
-
-
social contributions
3 935
-
5 644
-
income
6 989
-
11 637
-
total
10 924
-
17 281
-
Employer
35 769
-
51 314
-
social contributions
8 494
-
12 186
-
total
8 494
-
12 186
-
Corporate
19 237
63 500
-
-
surtax
-
-
-
-
income
4 040
13 335
-
-
total
4 040
13 335
-
-
Dividends
15 197
50 165
-
-
withholding
4 255
14 045
-
-
total
4 255
14 045
-
-
Income
63 500
63 500
63 500
63 500
Total tax
27 713
27 380
29 467
27 268
After tax
35 787
36 120
34 033
36 232
Living cost
24 845
24 845
24 845
24 845
Free-cash
10 942
11 275
9 188
11 387

Estimated living cost  is ₽24845 per week

₽17597
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1726
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.
₽5082
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽2384
₽10462
₽1935
₽3304
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
572
income
-
-
-
10 127
pensions
-
-
-
17 970
unemployment
-
-
-
444
total
-
-
-
29 176
Employee
44 509
-
48 150
-
income
9 296
-
10 319
-
other
44
-
49
-
pensions
2 092
-
2 263
-
unemployment
689
-
747
-
total
12 121
-
13 378
-
Employer
44 509
-
48 150
-
other
357
-
385
-
unemployment
2 448
-
2 648
-
accident
881
-
953
-
pensions
10 504
-
11 363
-
total
14 190
-
15 349
-
Corporate
4 801
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.

721
9 524
-
-
total
721
9 524
-
-
Dividends
4 080
53 976
-
-
withholding
775
11 125
-
-
total
775
11 125
-
-
Income
63 500
63 500
63 500
63 500
Total tax
27 807
20 649
28 727
29 176
After tax
35 693
42 851
34 773
34 324
Living cost
32 389
32 389
32 389
32 389
Free-cash
3 304
10 462
2 384
1 935

Estimated living cost  is ₽32389 per week

₽23260
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2518
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.
₽6154
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽31299
₽38649
₽29851
₽33106
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
3 653
income
-
-
-
9 525
pensions

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

-
-
-
4 701
unemployment
-
-
-
127
total
-
-
-
18 006
Employee
20 714
-
57 268
-
income
2 072
-
5 727
-
accident

We are using the highest rate at 1.1%.

228
-
349
-
pensions

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

1 818
-
2 789
-
health
953
-
1 461
-
total
5 071
-
10 326
-
Employer
20 714
-
57 268
-
unemployment
124
-
191
-
health
1 429
-
2 192
-
accident

We are using the highest rate at 1.1%.

228
-
349
-
pensions

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

2 283
-
3 500
-
total
4 064
-
6 232
-
Corporate
38 722
63 500
-
-
income
3 873
6 350
-
-
total
3 873
6 350
-
-
Dividends
34 850
57 150
-
-
withholding
1 743
2 858
-
-
total
1 743
2 858
-
-
Income
63 500
63 500
63 500
63 500
Total tax
14 751
9 208
16 558
18 006
After tax
48 749
54 292
46 942
45 494
Living cost
15 643
15 643
15 643
15 643
Free-cash
33 106
38 649
31 299
29 851

Estimated living cost  is ₽15643 per week

₽10346
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.
₽373
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4029
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽12103
-₽2739
₽9139
₽9319
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 296
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.

-
-
-
9 024
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.

-
-
-
497
trade
-
-
-
2 964
total
-
-
-
18 781
Employee

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

45 855
-
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.

208
-
497
-
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.

3 771
-
9 024
-
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.

6 296
-
6 296
-
total
10 275
-
15 817
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
17 645
63 500
-
-
chamber of commerce
166
233
-
-
surtax

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

145
525
-
-
trade
2 532
9 112
-
-
income
2 646
9 524
-
-
total
5 489
19 394
-
-
Dividends
12 155
44 107
-
-
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.

149
588
-
-
withholding
2 688
10 677
-
-
total
2 837
11 265
-
-
Income
63 500
63 500
63 500
63 500
Total tax
18 601
30 659
15 817
18 781
After tax
44 899
32 841
47 683
44 719
Living cost
35 580
35 580
35 580
35 580
Free-cash
9 319
-2 739
12 103
9 139

Estimated living cost  is ₽35580 per week

₽24544
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3828
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽516
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6691
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽4207
-₽8048
-₽4207
-₽8590
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
10 166
social contributions
-
-
-
5 043
total
-
-
-
15 209
Employee
72 089
-
63 500
-
income
13 603
-
10 166
-
social contributions
5 989
-
5 043
-
total
19 592
-
15 209
-
Employer
72 089
-
63 500
-
total
-
-
-
-
Corporate
-
63 500
-
-
income
-
7 938
-
-
total
-
7 938
-
-
Dividends
-
55 562
-
-
withholding
-
11 112
-
-
total
-
11 112
-
-
Income
63 500
63 500
63 500
63 500
Total tax
19 592
19 050
15 209
15 209
After tax
43 908
44 450
48 291
48 291
Living cost
52 498
52 498
52 498
52 498
Free-cash
-8 590
-8 048
-4 207
-4 207

Estimated living cost  is ₽52498 per week

₽39939
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4278
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽502
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽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

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
₽12736
₽2952
-₽1860
₽8290
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
26 233
health

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

-
-
-
5 673
total
-
-
-
31 906
Employee
42 277
-
59 261
-
income
4 587
-
8 832
-
social contributions
4 236
-
4 239
-
total
8 823
-
13 071
-
Employer
42 277
-
59 261
-
social contributions
4 236
-
4 239
-
total
4 236
-
4 239
-
Corporate
16 987
63 500
-
-
income
5 946
22 225
-
-
total
5 946
22 225
-
-
Dividends
11 041
41 275
-
-
social contributions
2 751
4 869
-
-
total
2 751
4 869
-
-
Income
63 500
63 500
63 500
63 500
Total tax
21 756
27 094
17 310
31 906
After tax
41 744
36 406
46 190
31 594
Living cost
33 454
33 454
33 454
33 454
Free-cash
8 290
2 952
12 736
-1 860

Estimated living cost  is ₽33454 per week

₽22036
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2637
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽512
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8267
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽6839
₽13761
₽13626
₽8622
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
11 862
pensions
-
-
-
4 195
total
-
-
-
16 057
Employee
46 419
-
56 368
-
income
8 453
-
10 164
-
health
606
-
810
-
pensions
3 543
-
4 738
-
total
12 602
-
15 712
-
Employer
46 419
-
56 368
-
health
882
-
1 071
-
pensions
4 690
-
6 061
-
total
5 572
-
7 132
-
Corporate
11 509
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.

2 187
12 064
-
-
total
2 187
12 064
-
-
Dividends
9 322
51 436
-
-
withholding
700
3 858
-
-
total
700
3 858
-
-
Income
63 500
63 500
63 500
63 500
Total tax
21 061
15 922
22 844
16 057
After tax
42 439
47 578
40 656
47 443
Living cost
33 817
33 817
33 817
33 817
Free-cash
8 622
13 761
6 839
13 626

Estimated living cost  is ₽33817 per week

₽23198
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.
₽423
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7084
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽10583
-₽16989
₽21638
₽1750
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
344
health
-
-
-
2 026
accident
-
-
-
235
income
-
-
-
13 259
pensions
-
-
-
3 866
total
-
-
-
19 730
Employee
34 815
-
52 749
-
income
4 776
-
8 056
-
pensions
3 920
-
5 940
-
health
3 986
-
6 039
-
total
12 682
-
20 035
-
Employer
34 815
-
52 749
-
unemployment
853
-
1 292
-
accident
581
-
881
-
pensions
5 661
-
8 577
-
total
7 095
-
10 750
-
Corporate
21 590
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.

19 431
57 150
-
-
total
19 431
57 150
-
-
Dividends
2 159
6 350
-
-
withholding
410
1 207
-
-
total
410
1 207
-
-
Income
63 500
63 500
63 500
63 500
Total tax
39 618
58 357
30 785
19 730
After tax
23 882
5 143
32 715
43 770
Living cost
22 132
22 132
22 132
22 132
Free-cash
1 750
-16 989
10 583
21 638

Estimated living cost  is ₽22132 per week

₽16243
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1290
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽446
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽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 Warsaw model

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Skopje , Macedonia
₽24625
₽41541
₽24625
₽37065
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
8 978
health insurance
-
-
-
4 699
work injury
-
-
-
318
pensions
-
-
-
11 684
unemployment
-
-
-
762
total
-
-
-
26 441
Employee

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

19 895
-
63 500
-
income
1 989
-
8 978
-
work injury
99
-
318
-
health insurance
1 472
-
4 699
-
pensions
3 661
-
11 684
-
unemployment
239
-
762
-
total
7 460
-
26 441
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
43 605
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
43 605
63 500
-
-
withholding
6 541
9 525
-
-
total
6 541
9 525
-
-
Income
63 500
63 500
63 500
63 500
Total tax
14 001
9 525
26 441
26 441
After tax
49 499
53 975
37 059
37 059
Living cost
12 434
12 434
12 434
12 434
Free-cash
37 065
41 541
24 625
24 625

Estimated living cost  is ₽12434 per week

₽7703
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽904
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽388
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3440
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽6207
-₽3268
-₽2684
-₽14159
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
16 333
national
-
-
-
11 686
regional
-
-
-
1 026
municipal
-
-
-
425
total
-
-
-
29 470
Employee
77 659
-
63 500
-
social contributions
26 186
-
21 412
-
municipal
463
-
380
-
national
13 124
-
10 315
-
regional
1 172
-
886
-
total
40 945
-
32 993
-
Employer
77 659
-
63 500
-
total
-
-
-
-
Corporate
-
63 500
-
-
nationa
-
15 240
-
-
municipal
-
3 061
-
-
total
-
18 301
-
-
Dividends
-
45 200
-
-
withholding
-
11 753
-
-
total
-
11 753
-
-
Income
63 500
63 500
63 500
63 500
Total tax
40 945
30 054
32 993
29 470
After tax
22 555
33 446
30 507
34 030
Living cost
36 714
36 714
36 714
36 714
Free-cash
-14 159
-3 268
-6 207
-2 684

Estimated living cost  is ₽36714 per week

₽25789
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2525
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽554
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7844
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rome model

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