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
₽13944
₽19096
₽3443
₽16046
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
6 485
trade
-
-
-
3 050
income

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

-
-
-
8 690
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.

-
-
-
477
total
-
-
-
18 702
Employee

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

36 307
-
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.

6 485
-
6 485
-
income

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

1 014
-
8 690
-
surtax

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

56
-
477
-
total
7 555
-
15 652
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
27 193
63 500
-
-
income
4 078
9 526
-
-
chamber of commerce
184
236
-
-
surtax

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

225
524
-
-
trade
4 284
10 001
-
-
total
8 771
20 287
-
-
Dividends
18 422
43 213
-
-
surtax

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

234
575
-
-
withholding
4 244
10 443
-
-
total
4 478
11 018
-
-
Income
63 500
63 500
63 500
63 500
Total tax
20 804
31 305
15 652
18 702
After tax
42 696
32 195
47 848
44 798
Living cost
28 752
28 752
28 752
28 752
Free-cash
13 944
3 443
19 096
16 046

Estimated living cost  is ₽28752 per week

₽18086
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3352
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.
₽6777
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽19759
-₽9338
-₽9616
-₽9836
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
6 194
pensions
-
-
-
7 620
national
-
-
-
9 599
total
-
-
-
24 096
Employee
76 332
-
54 895
-
pensions
3 053
-
2 196
-
municipal
9 428
-
6 440
-
national
14 610
-
9 980
-
total
27 091
-
18 616
-
Employer
76 332
-
54 895
-
pensions
6 107
-
4 392
-
social contributions
821
-
590
-
total
6 928
-
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
34 019
23 876
23 598
24 096
After tax
29 481
39 624
39 902
39 404
Living cost
49 240
49 240
49 240
49 240
Free-cash
-19 759
-9 616
-9 338
-9 836

Estimated living cost  is ₽49240 per week

₽33468
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4577
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽737
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10458
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽23264
₽16402
₽31052
₽31238
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
2 988
income
-
-
-
-
surtax
-
-
-
-
microenterprise
-
-
-
9 526
total
-
-
-
12 514
Employee
27 737
-
51 173
-
social contributions

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

3 052
-
5 629
-
income
4 938
-
9 394
-
surtax
-
-
-
-
total
7 990
-
15 023
-
Employer
27 737
-
51 173
-
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.

6 681
-
12 327
-
total
6 681
-
12 327
-
Corporate
29 081
63 500
-
-
income

Corporate income tax rate is 20% applicable to the taxable base. However, before applying the statutory rate, the taxable base should be divided by a coefficient of 0.8. As taxable base is increased by the coefficient, the effective corporate income tax rate is 25%.

5 817
12 700
-
-
total
5 817
12 700
-
-
Dividends

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

23 265
50 800
-
-
total
-
-
-
-
Income
63 500
63 500
63 500
63 500
Total tax
20 488
12 700
27 350
12 514
After tax
43 012
50 800
36 150
50 986
Living cost
19 748
19 748
19 748
19 748
Free-cash
23 264
31 052
16 402
31 238

Estimated living cost  is ₽19748 per week

₽12599
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1881
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.
₽4820
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽30762
-₽30762
-₽25434
-₽3545
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
9 582
income
-
-
-
6 576
pensions
-
-
-
11 122
total
-
-
-
27 280
Employee
81 062
81 062
81 062
-
pensions
14 591
11 122
14 591
-
health
12 442
10 583
12 442
-
income

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

13 269
13 269
13 269
-
total
40 302
34 974
40 302
-
Employer
81 062
81 062
81 062
-
pensions
5 642
5 642
5 642
-
health
5 635
5 635
5 635
-
unemployment
2 918
2 918
2 918
-
total
14 195
14 195
14 195
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
63 500
63 500
63 500
63 500
Total tax
54 497
49 169
54 497
27 280
After tax
9 003
14 331
9 003
36 220
Living cost
39 765
39 765
39 765
39 765
Free-cash
-30 762
-25 434
-30 762
-3 545

Estimated living cost  is ₽39765 per week

₽28181
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3585
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽632
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7368
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽9279
-₽4955
-₽4194
-₽7210
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
127
health
-
-
-
3 962
municipal
-
-
-
13 450
pensions
-
-
-
6 864
other
-
-
-
7 379
unemployment
-
-
-
63
national
-
-
-
-
total
-
-
-
31 845
Employee
55 379
-
48 318
-
municipal
16 514
-
14 408
-
national
-
-
-
-
total
16 514
-
14 408
-
Employer
55 379
-
48 318
-
pensions
5 986
-
5 223
-
other
6 435
-
5 614
-
health
3 406
-
2 972
-
unemployment
1 462
-
1 276
-
accident
111
-
97
-
total
17 400
-
15 182
-
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
33 914
28 829
29 590
31 845
After tax
29 586
34 671
33 910
31 655
Living cost
38 865
38 865
38 865
38 865
Free-cash
-9 279
-4 194
-4 955
-7 210

Estimated living cost  is ₽38865 per week

₽25758
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3814
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽590
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8703
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽7919
₽10558
-₽5418
₽7371
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
6 485
trade
-
-
-
3 187
income

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

-
-
-
8 690
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.

-
-
-
477
total
-
-
-
18 839
Employee

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

48 138
-
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.

6 485
-
6 485
-
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.

4 136
-
8 690
-
surtax

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

227
-
477
-
total
10 848
-
15 652
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
15 362
63 500
-
-
income
2 304
9 526
-
-
chamber of commerce
166
234
-
-
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.

126
524
-
-
trade
2 527
10 446
-
-
total
5 123
20 730
-
-
Dividends
10 239
42 770
-
-
surtax

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

121
567
-
-
withholding
2 199
10 331
-
-
total
2 320
10 898
-
-
Income
63 500
63 500
63 500
63 500
Total tax
18 291
31 628
15 652
18 839
After tax
45 209
31 872
47 848
44 661
Living cost
37 290
37 290
37 290
37 290
Free-cash
7 919
-5 418
10 558
7 371

Estimated living cost  is ₽37290 per week

₽24940
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3932
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽557
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7861
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽11936
₽13881
₽11246
₽17740
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 446
total
-
-
-
14 971
Employee
72 992
72 992
72 992
-
health
726
1 241
980
-
social contributions
3 547
6 058
4 784
-
income
7 665
6 757
7 216
-
total
11 938
14 056
12 980
-
Employer
72 992
72 992
72 992
-
health
791
1 351
1 066
-
social contributions
3 547
6 058
4 784
-
total
4 338
7 409
5 850
-
Corporate
16 436
-
-
-
income
2 055
-
-
-
total
2 055
-
-
-
Dividends
14 380
-
-
-
withholding
2 444
-
-
-
total
2 444
-
-
-
Income
63 500
63 500
63 500
63 500
Total tax
20 775
21 465
18 830
14 971
After tax
42 725
42 035
44 670
48 529
Living cost
30 789
30 789
30 789
30 789
Free-cash
11 936
11 246
13 881
17 740

Estimated living cost  is ₽30789 per week

₽21047
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2405
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽517
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6820
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽18684
₽19234
₽18319
₽26413
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

25 372
10 098
53 138
-
unemployment
381
151
797
-
pensions
2 537
1 010
5 314
-
health
1 776
707
3 720
-
income
3 102
1 234
6 496
-
total
7 796
3 102
16 327
-
Employer

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

The minimum wage is 138,000 HUF per month.

25 372
10 098
53 138
-
pensions
4 948
1 969
10 362
-
total
4 948
1 969
10 362
-
Corporate
33 180
51 433
-
-
income
2 986
4 629
-
-
total
2 986
4 629
-
-
Dividends
30 194
46 804
-
-
social contributions
5 772
9 011
-
-
withholding
5 737
8 893
-
-
total
11 509
17 904
-
-
Income
63 500
63 500
63 500
63 500
Total tax
27 239
27 604
26 689
19 510
After tax
36 261
35 896
36 811
43 990
Living cost
17 577
17 577
17 577
17 577
Free-cash
18 684
18 319
19 234
26 413

Estimated living cost  is ₽17577 per week

₽11995
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1438
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽351
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3793
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽21974
₽13673
₽27872
₽11423
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 256
income
-
-
-
8 193
pensions
-
-
-
12 700
total
-
-
-
29 149
Employee
26 929
-
47 459
-
unemployment
431
-
760
-
pensions
539
-
949
-
income
3 032
-
9 149
-
total
4 002
-
10 858
-
Employer
26 929
-
47 459
-
pensions
5 386
-
9 491
-
health
3 500
-
6 170
-
unemployment
216
-
380
-
total
9 102
-
16 041
-
Corporate
27 469
63 500
-
-
income
5 494
12 700
-
-
total
5 494
12 700
-
-
Dividends
21 975
50 800
-
-
total
-
-
-
-
Income
63 500
63 500
63 500
63 500
Total tax
18 598
12 700
26 899
29 149
After tax
44 902
50 800
36 601
34 351
Living cost
22 928
22 928
22 928
22 928
Free-cash
21 974
27 872
13 673
11 423

Estimated living cost  is ₽22928 per week

₽15726
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1365
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽461
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5375
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽1900
₽11744
-₽15996
₽22649
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
243
health
-
-
-
2 096
income
-
-
-
13 018
pensions
-
-
-
3 998
other
-
-
-
356
total
-
-
-
19 711
Employee
33 254
-
52 750
-
pensions
3 745
-
5 940
-
health
3 808
-
6 040
-
income
4 562
-
7 886
-
total
12 115
-
19 866
-
Employer
33 254
-
52 750
-
pensions
5 407
-
8 577
-
unemployment
815
-
1 292
-
accident
555
-
881
-
total
6 777
-
10 750
-
Corporate
23 469
63 500
-
-
income

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

21 122
57 150
-
-
total
21 122
57 150
-
-
Dividends
2 347
6 350
-
-
withholding
446
1 206
-
-
total
446
1 206
-
-
Income
63 500
63 500
63 500
63 500
Total tax
40 460
58 356
30 616
19 711
After tax
23 040
5 144
32 884
43 789
Living cost
21 140
21 140
21 140
21 140
Free-cash
1 900
-15 996
11 744
22 649

Estimated living cost  is ₽21140 per week

₽15494
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1171
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽4034
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽51029
₽42972
₽52497
₽55037
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
9 785
-
63 500
-
income
1 957
-
12 700
-
total
1 957
-
12 700
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

We will register your company as part of a virtual zone. Your non-Georgian corporate tax will be zero. Turnover in Georgia will be taxed at 15%.

53 715
63 500
-
-
total
-
-
-
-
Dividends
53 715
63 500
-
-
withholding
2 686
3 175
-
-
total
2 686
3 175
-
-
Income
63 500
63 500
63 500
63 500
Total tax
4 643
3 175
12 700
635
After tax
58 857
60 325
50 800
62 865
Living cost
7 828
7 828
7 828
7 828
Free-cash
51 029
52 497
42 972
55 037

Estimated living cost  is ₽7828 per week

₽4851
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽651
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽215
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2111
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽14947
₽11925
₽21359
₽9090
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 794
income
-
-
-
8 067
pensions

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

-
-
-
15 240
other
-
-
-
3 015
total
-
-
-
29 116
Employee
34 466
-
50 719
-
unemployment
344
-
508
-
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.

2 412
-
3 551
-
health
483
-
710
-
income
5 934
-
8 731
-
total
9 173
-
13 500
-
Employer
34 466
-
50 719
-
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.

5 860
-
8 623
-
other
1 724
-
2 535
-
health
483
-
710
-
unemployment
344
-
508
-
accident
276
-
405
-
total
8 687
-
12 781
-
Corporate
20 348
63 500
-
-
income
4 273
13 336
-
-
total
4 273
13 336
-
-
Dividends
16 075
50 164
-
-
withholding
1 126
3 511
-
-
total
1 126
3 511
-
-
Income
63 500
63 500
63 500
63 500
Total tax
23 259
16 847
26 281
29 116
After tax
40 241
46 653
37 219
34 384
Living cost
25 294
25 294
25 294
25 294
Free-cash
14 947
21 359
11 925
9 090

Estimated living cost  is ₽25294 per week

₽17871
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1708
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽407
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5307
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽36435
-₽21405
-₽14542
-₽14650
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
11 866
pensions
-
-
-
4 165
total
-
-
-
16 031
Employee
87 890
-
56 398
-
pensions
8 479
-
4 701
-
health
1 448
-
804
-
income
15 843
-
10 179
-
total
25 770
-
15 684
-
Employer
87 890
-
56 398
-
pensions
10 377
-
6 030
-
health
1 669
-
1 072
-
total
12 046
-
7 102
-
Corporate
-
63 500
-
-
income

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

-
12 065
-
-
total
-
12 065
-
-
Dividends
-
51 435
-
-
withholding
-
3 858
-
-
total
-
3 858
-
-
Income
63 500
63 500
63 500
63 500
Total tax
37 816
15 923
22 786
16 031
After tax
25 684
47 577
40 714
47 469
Living cost
62 119
62 119
62 119
62 119
Free-cash
-36 435
-14 542
-21 405
-14 650

Estimated living cost  is ₽62119 per week

₽46547
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7299
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽505
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7769
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽37440
₽34049
₽41847
₽32677
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 813
income
-
-
-
9 525
pensions

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

-
-
-
4 907
unemployment
-
-
-
133
total
-
-
-
18 378
Employee
16 479
-
56 995
-
accident

We are using the highest rate at 1.1%.

181
-
365
-
pensions

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

1 447
-
2 911
-
health
758
-
1 525
-
income
1 648
-
5 699
-
total
4 034
-
10 500
-
Employer
16 479
-
56 995
-
pensions

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

1 816
-
3 654
-
health
1 137
-
2 288
-
unemployment
99
-
199
-
accident

We are using the highest rate at 1.1%.

181
-
365
-
total
3 233
-
6 506
-
Corporate
43 787
63 500
-
-
income
4 378
6 350
-
-
total
4 378
6 350
-
-
Dividends
39 409
57 150
-
-
withholding
1 970
2 858
-
-
total
1 970
2 858
-
-
Income
63 500
63 500
63 500
63 500
Total tax
13 615
9 208
17 006
18 378
After tax
49 885
54 292
46 494
45 122
Living cost
12 445
12 445
12 445
12 445
Free-cash
37 440
41 847
34 049
32 677

Estimated living cost  is ₽12445 per week

₽7266
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽889
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽330
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3961
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽39917
-₽43634
-₽38306
-₽16417
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
9 582
income
-
-
-
6 576
pensions
-
-
-
11 122
total
-
-
-
27 280
Employee
88 007
81 062
81 062
-
pensions
11 122
11 122
14 591
-
health
10 979
10 583
12 442
-
income

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

13 269
13 269
13 269
-
total
35 370
34 974
40 302
-
Employer
88 007
81 062
81 062
-
pensions
6 125
5 642
5 642
-
health
6 116
5 635
5 635
-
unemployment
3 169
2 918
2 918
-
total
15 410
14 195
14 195
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
63 500
63 500
63 500
63 500
Total tax
50 780
49 169
54 497
27 280
After tax
12 720
14 331
9 003
36 220
Living cost
52 637
52 637
52 637
52 637
Free-cash
-39 917
-38 306
-43 634
-16 417

Estimated living cost  is ₽52637 per week

₽38829
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4702
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽603
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8504
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽11728
₽8644
₽20140
₽7347
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 573
income
-
-
-
5 458
solidarity contribution
-
-
-
-
total
-
-
-
32 573
Employee
34 676
-
47 388
-
solidarity contribution
-
-
-
-
health
4 681
-
6 397
-
social contributions
2 254
-
3 080
-
income
4 161
-
5 687
-
total
11 096
-
15 164
-
Employer
34 676
-
47 388
-
health
3 121
-
4 265
-
social contributions
8 669
-
11 847
-
total
11 790
-
16 112
-
Corporate
17 034
63 500
-
-
income
3 236
12 065
-
-
total
3 236
12 065
-
-
Dividends
13 797
51 435
-
-
withholding
2 070
7 715
-
-
total
2 070
7 715
-
-
Income
63 500
63 500
63 500
63 500
Total tax
28 192
19 780
31 276
32 573
After tax
35 308
43 720
32 224
30 927
Living cost
23 580
23 580
23 580
23 580
Free-cash
11 728
20 140
8 644
7 347

Estimated living cost  is ₽23580 per week

₽16379
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1677
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽464
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5060
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽20863
-₽9157
-₽6175
-₽5570
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
376
regional
-
-
-
651
national
-
-
-
11 655
total
-
-
-
29 015
Employee
84 363
-
63 500
-
regional
796
-
570
-
municipal
447
-
337
-
national
14 618
-
10 282
-
social contributions
28 447
-
21 413
-
total
44 308
-
32 602
-
Employer
84 363
-
63 500
-
total
-
-
-
-
Corporate
-
63 500
-
-
municipal
-
2 477
-
-
nationa
-
15 240
-
-
total
-
17 717
-
-
Dividends
-
45 784
-
-
withholding
-
11 903
-
-
total
-
11 903
-
-
Income
63 500
63 500
63 500
63 500
Total tax
44 308
29 620
32 602
29 015
After tax
19 192
33 880
30 898
34 485
Living cost
40 055
40 055
40 055
40 055
Free-cash
-20 863
-6 175
-9 157
-5 570

Estimated living cost  is ₽40055 per week

₽27921
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2626
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.
₽8892
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽16040
₽12802
₽18994
₽14188
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
4 509
income
-
-
-
10 120
surtax
-
-
-
820
pensions
-
-
-
12 700
other
-
-
-
-
unemployment
-
-
-
216
total
-
-
-
28 365
Employee
31 391
-
52 458
-
unemployment
2 185
-
3 651
-
pensions
2 093
-
3 498
-
health
802
-
1 337
-
income
5 262
-
9 509
-
other
-
-
-
-
surtax
103
-
713
-
total
10 445
-
18 708
-
Employer
31 391
-
52 458
-
pensions
4 185
-
6 993
-
other
-
-
-
-
health
1 428
-
2 387
-
unemployment
994
-
1 663
-
total
6 607
-
11 043
-
Corporate
25 502
63 500
-
-
income
6 631
16 510
-
-
total
6 631
16 510
-
-
Dividends
18 871
46 990
-
-
withholding
2 830
7 049
-
-
total
2 830
7 049
-
-
Income
63 500
63 500
63 500
63 500
Total tax
26 513
23 559
29 751
28 365
After tax
36 987
39 941
33 749
35 135
Living cost
20 947
20 947
20 947
20 947
Free-cash
16 040
18 994
12 802
14 188

Estimated living cost  is ₽20947 per week

₽12808
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1933
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.
₽5723
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽2895
-₽1724
₽5139
₽5031
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
11 866
pensions
-
-
-
4 165
total
-
-
-
16 031
Employee
58 901
-
56 398
-
pensions
4 999
-
4 701
-
health
855
-
804
-
income
10 608
-
10 179
-
total
16 462
-
15 684
-
Employer
58 901
-
56 398
-
pensions
6 376
-
6 030
-
health
1 119
-
1 072
-
total
7 495
-
7 102
-
Corporate
-
63 500
-
-
income

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

-
12 065
-
-
total
-
12 065
-
-
Dividends
-
51 435
-
-
withholding
-
3 858
-
-
total
-
3 858
-
-
Income
63 500
63 500
63 500
63 500
Total tax
23 957
15 923
22 786
16 031
After tax
39 543
47 577
40 714
47 469
Living cost
42 438
42 438
42 438
42 438
Free-cash
-2 895
5 139
-1 724
5 031

Estimated living cost  is ₽42438 per week

₽31795
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3181
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.
₽7018
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽32979
-₽24823
-₽46236
-₽21574
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
246
pensions
-
-
-
5 842
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.

-
-
-
1 270
regional
-
-
-
1 558
city
-
-
-
669
national
-
-
-
217
total
-
-
-
9 802
Employee
88 087
-
56 836
-
unemployment
-
-
-
-
pensions
7 401
-
4 775
-
regional
2 884
-
1 317
-
national
417
-
180
-
health
199
-
128
-
city
945
-
611
-
total
11 846
-
7 011
-
Employer
88 087
-
56 836
-
pensions
7 401
-
4 775
-
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.

1 761
-
1 137
-
health
199
-
128
-
unemployment
-
-
-
-
total
9 361
-
6 040
-
Corporate
-
63 500
-
-
regional
-
13 430
-
-
national
-
5 398
-
-
total
-
18 828
-
-
Dividends
-
44 672
-
-
withholding
-
15 636
-
-
total
-
15 636
-
-
Income
63 500
63 500
63 500
63 500
Total tax
21 207
34 464
13 051
9 802
After tax
42 293
29 036
50 449
53 698
Living cost
75 272
75 272
75 272
75 272
Free-cash
-32 979
-46 236
-24 823
-21 574

Estimated living cost  is ₽75272 per week

₽48948
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6755
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽924
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18644
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽3452
₽4363
-₽11943
₽1041
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
6 485
trade
-
-
-
3 322
income

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

-
-
-
8 690
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.

-
-
-
477
total
-
-
-
18 974
Employee

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

57 048
-
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.

6 485
-
6 485
-
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.

6 708
-
8 690
-
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.

369
-
477
-
total
13 562
-
15 652
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
6 452
63 500
-
-
income
967
9 526
-
-
chamber of commerce
153
234
-
-
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
524
-
-
trade
1 106
10 891
-
-
total
2 280
21 175
-
-
Dividends
4 172
42 325
-
-
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.

38
562
-
-
withholding
683
10 221
-
-
total
721
10 783
-
-
Income
63 500
63 500
63 500
63 500
Total tax
16 563
31 958
15 652
18 974
After tax
46 937
31 542
47 848
44 526
Living cost
43 485
43 485
43 485
43 485
Free-cash
3 452
-11 943
4 363
1 041

Estimated living cost  is ₽43485 per week

₽31760
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3478
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽566
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7683
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽5136
₽5726
-₽475
₽5373
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 809
health
-
-
-
549
income
-
-
-
3 291
surtax
-
-
-
-
pensions
-
-
-
18 032
other
-
-
-
1 969
total
-
-
-
25 650
Employee
40 626
-
48 388
-
pensions
4 593
-
5 471
-
social contributions
1 158
-
1 378
-
income
2 398
-
3 336
-
surtax
-
-
-
-
total
8 149
-
10 185
-
Employer
40 626
-
48 388
-
pensions
6 674
-
7 949
-
other
1 401
-
1 670
-
health
2 844
-
3 387
-
unemployment
1 645
-
1 960
-
social contributions
122
-
146
-
total
12 686
-
15 112
-
Corporate
10 187
63 500
-
-
income
2 852
17 780
-
-
surtax
-
-
-
-
total
2 852
17 780
-
-
Dividends
7 335
45 720
-
-
surtax
-
-
-
-
social contributions
1 261
7 865
-
-
withholding
939
5 853
-
-
total
2 200
13 718
-
-
Income
63 500
63 500
63 500
63 500
Total tax
25 887
31 498
25 297
25 650
After tax
37 613
32 002
38 203
37 850
Living cost
32 477
32 477
32 477
32 477
Free-cash
5 136
-475
5 726
5 373

Estimated living cost  is ₽32477 per week

₽20478
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2641
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽553
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8807
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽8018
₽8944
₽2743
₽8591
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 809
health
-
-
-
549
income
-
-
-
3 291
surtax
-
-
-
-
pensions
-
-
-
18 032
other
-
-
-
1 969
total
-
-
-
25 650
Employee
36 265
-
48 388
-
pensions
4 102
-
5 471
-
social contributions
1 034
-
1 378
-
income
1 870
-
3 336
-
surtax
-
-
-
-
total
7 006
-
10 185
-
Employer
36 265
-
48 388
-
pensions
5 959
-
7 949
-
other
1 252
-
1 670
-
health
2 538
-
3 387
-
unemployment
1 468
-
1 960
-
social contributions
108
-
146
-
total
11 325
-
15 112
-
Corporate
15 910
63 500
-
-
income
4 455
17 780
-
-
surtax
-
-
-
-
total
4 455
17 780
-
-
Dividends
11 455
45 720
-
-
surtax
-
-
-
-
social contributions
1 971
7 865
-
-
withholding
1 466
5 853
-
-
total
3 437
13 718
-
-
Income
63 500
63 500
63 500
63 500
Total tax
26 223
31 498
25 297
25 650
After tax
37 277
32 002
38 203
37 850
Living cost
29 259
29 259
29 259
29 259
Free-cash
8 018
2 743
8 944
8 591

Estimated living cost  is ₽29259 per week

₽16969
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2972
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽555
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8764
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽19107
₽17603
₽18614
₽20649
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
4 433
income
-
-
-
9 526
total
-
-
-
22 723
Employee
32 185
-
63 500
-
health
2 246
-
4 433
-
social contributions
4 442
-
8 764
-
income
5 368
-
12 572
-
total
12 056
-
25 769
-
Employer
32 185
-
63 500
-
total
-
-
-
-
Corporate
31 315
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%.

1 565
3 176
-
-
total
1 565
3 176
-
-
Dividends
29 750
60 324
-
-
health
2 077
4 210
-
-
social contributions
4 105
8 324
-
-
withholding
4 462
9 048
-
-
total
10 644
21 582
-
-
Income
63 500
63 500
63 500
63 500
Total tax
24 265
24 758
25 769
22 723
After tax
39 235
38 742
37 731
40 777
Living cost
20 128
20 128
20 128
20 128
Free-cash
19 107
18 614
17 603
20 649

Estimated living cost  is ₽20128 per week

₽13471
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1241
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽463
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4952
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽957
-₽10472
₽2677
₽1005
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
surtax
-
-
-
187
income
-
-
-
6 179
chamber of commerce
-
-
-
254
pensions
-
-
-
11 747
unemployment
-
-
-
5 822
total
-
-
-
29 047
Employee
47 439
37 829
49 163
-
unemployment
1 423
1 135
1 475
-
pensions
4 858
3 873
5 035
-
health
1 836
1 465
1 902
-
income
5 401
2 790
5 894
-
other
474
378
492
-
total
13 992
9 641
14 798
-
Employer
47 439
37 829
49 163
-
chamber of commerce
189
151
196
-
pensions
5 954
4 748
6 170
-
other
2 254
1 796
2 335
-
health
1 792
1 430
1 859
-
unemployment
1 423
1 135
1 475
-
accident
616
492
639
-
surtax
187
187
187
-
payroll
1 423
1 135
1 475
-
total
13 838
11 074
14 336
-
Corporate
3 603
14 596
45 560
-
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.

901
3 650
11 390
-
total
901
3 650
11 390
-
Dividends
1 322
10 947
-
-
withholding
364
3 010
-
-
total
364
3 010
-
-
Income
63 500
63 500
63 500
63 500
Total tax
29 095
27 375
40 524
29 047
After tax
34 405
36 125
22 976
34 453
Living cost
33 448
33 448
33 448
33 448
Free-cash
957
2 677
-10 472
1 005

Estimated living cost  is ₽33448 per week

₽22308
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2853
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.
₽7737
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽24166
-₽7974
₽1117
-₽1833
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 209
communal

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

-
-
-
3 318
national
-
-
-
19 195
total
-
-
-
30 722
Employee

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

67 900
-
49 181
-
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.

591
-
429
-
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.

5 092
-
3 689
-
national
20 875
-
13 551
-
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.

3 190
-
2 311
-
communal

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

3 541
-
2 565
-
total
33 289
-
22 545
-
Employer

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

67 900
-
49 181
-
pensions

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

6 017
-
4 358
-
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.

4 176
-
3 025
-
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.

991
-
719
-
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.

883
-
639
-
surtax
7 699
-
5 577
-
total
19 766
-
14 318
-
Corporate
-
63 500
-
-
income
-
12 700
-
-
surtax
-
254
-
-
total
-
12 954
-
-
Dividends
-
50 546
-
-
withholding

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

-
14 818
-
-
total
-
14 818
-
-
Income
63 500
63 500
63 500
63 500
Total tax
53 055
27 772
36 863
30 722
After tax
10 445
35 728
26 637
32 778
Living cost
34 611
34 611
34 611
34 611
Free-cash
-24 166
1 117
-7 974
-1 833

Estimated living cost  is ₽34611 per week

₽22294
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3026
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽542
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8749
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽819
₽589
₽8575
₽139
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
571
income
-
-
-
10 031
pensions
-
-
-
17 970
other
-
-
-
63
unemployment
-
-
-
445
total
-
-
-
29 080
Employee
47 251
-
48 152
-
unemployment
733
-
746
-
pensions
2 221
-
2 263
-
income
9 970
-
10 224
-
other
47
-
49
-
total
12 971
-
13 282
-
Employer
47 251
-
48 152
-
pensions
11 150
-
11 363
-
other
376
-
384
-
unemployment
2 599
-
2 648
-
accident
935
-
953
-
total
15 060
-
15 348
-
Corporate
1 188
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.

178
9 526
-
-
total
178
9 526
-
-
Dividends
1 009
53 974
-
-
withholding
191
11 118
-
-
total
191
11 118
-
-
Income
63 500
63 500
63 500
63 500
Total tax
28 400
20 644
28 630
29 080
After tax
35 100
42 856
34 870
34 420
Living cost
34 281
34 281
34 281
34 281
Free-cash
819
8 575
589
139

Estimated living cost  is ₽34281 per week

₽25244
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2432
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽494
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6110
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Barcelona model

Close
Luxembourg , Luxembourg
-₽16973
-₽9173
-₽11977
-₽10377
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
571
health
-
-
-
4 763
income
-
-
-
3 437
surtax
-
-
-
3 360
pensions
-
-
-
10 160
communal
-
-
-
-
total
-
-
-
22 291
Employee
71 886
-
56 721
-
pensions
5 750
-
4 538
-
health
3 199
-
2 526
-
income
6 943
-
3 767
-
surtax
4 406
-
3 477
-
total
20 298
-
14 308
-
Employer
71 886
-
56 721
-
pensions
5 750
-
4 538
-
health
2 192
-
1 731
-
accident
647
-
510
-
total
8 589
-
6 779
-
Corporate
-
63 500
-
-
income
-
9 526
-
-
communal
-
4 285
-
-
surtax
-
667
-
-
total
-
14 478
-
-
Dividends
-
49 022
-
-
income
-
2 060
-
-
withholding
-
7 353
-
-
total
-
9 413
-
-
Income
63 500
63 500
63 500
63 500
Total tax
28 887
23 891
21 087
22 291
After tax
34 613
39 609
42 413
41 209
Living cost
51 586
51 586
51 586
51 586
Free-cash
-16 973
-11 977
-9 173
-10 377

Estimated living cost  is ₽51586 per week

₽38697
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3125
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽546
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9216
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽15602
₽12428
₽18620
₽13814
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
4 509
income
-
-
-
10 120
surtax
-
-
-
820
pensions
-
-
-
12 700
other
-
-
-
-
unemployment
-
-
-
216
total
-
-
-
28 365
Employee
31 967
-
52 458
-
unemployment
2 225
-
3 651
-
pensions
2 133
-
3 498
-
health
816
-
1 337
-
income
5 359
-
9 509
-
other
-
-
-
-
surtax
113
-
713
-
total
10 646
-
18 708
-
Employer
31 967
-
52 458
-
pensions
4 262
-
6 993
-
other
-
-
-
-
health
1 454
-
2 387
-
unemployment
1 014
-
1 663
-
total
6 730
-
11 043
-
Corporate
24 803
63 500
-
-
income
6 449
16 510
-
-
total
6 449
16 510
-
-
Dividends
18 354
46 990
-
-
withholding
2 752
7 049
-
-
total
2 752
7 049
-
-
Income
63 500
63 500
63 500
63 500
Total tax
26 577
23 559
29 751
28 365
After tax
36 923
39 941
33 749
35 135
Living cost
21 321
21 321
21 321
21 321
Free-cash
15 602
18 620
12 428
13 814

Estimated living cost  is ₽21321 per week

₽12873
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1854
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.
₽6101
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽5698
₽5042
₽7806
₽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
-
-
-
63 500
social contributions
-
-
-
16 333
municipal
-
-
-
376
regional
-
-
-
957
national
-
-
-
11 655
total
-
-
-
29 321
Employee
52 656
-
63 500
-
regional
709
-
855
-
municipal
279
-
337
-
national
8 342
-
10 282
-
social contributions
17 756
-
21 413
-
total
27 086
-
32 887
-
Employer
52 656
-
63 500
-
total
-
-
-
-
Corporate
10 844
63 500
-
-
municipal
539
3 156
-
-
nationa
2 603
15 240
-
-
total
3 142
18 396
-
-
Dividends
7 702
45 104
-
-
withholding
2 003
11 727
-
-
total
2 003
11 727
-
-
Income
63 500
63 500
63 500
63 500
Total tax
32 231
30 123
32 887
29 321
After tax
31 269
33 377
30 613
34 179
Living cost
25 571
25 571
25 571
25 571
Free-cash
5 698
7 806
5 042
8 608

Estimated living cost  is ₽25571 per week

₽15903
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2590
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽438
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6640
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽4296
₽3167
₽14663
₽1870
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 573
income
-
-
-
5 458
solidarity contribution
-
-
-
-
total
-
-
-
32 573
Employee
42 730
-
47 388
-
solidarity contribution
-
-
-
-
health
5 769
-
6 397
-
social contributions
2 777
-
3 080
-
income
5 128
-
5 687
-
total
13 674
-
15 164
-
Employer
42 730
-
47 388
-
health
3 846
-
4 265
-
social contributions
10 683
-
11 847
-
total
14 529
-
16 112
-
Corporate
6 242
63 500
-
-
income
1 186
12 065
-
-
total
1 186
12 065
-
-
Dividends
5 056
51 435
-
-
withholding
758
7 715
-
-
total
758
7 715
-
-
Income
63 500
63 500
63 500
63 500
Total tax
30 147
19 780
31 276
32 573
After tax
33 353
43 720
32 224
30 927
Living cost
29 057
29 057
29 057
29 057
Free-cash
4 296
14 663
3 167
1 870

Estimated living cost  is ₽29057 per week

₽21608
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1610
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽503
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5336
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Prague model

Close
Graz , Austria
₽5472
-₽7268
₽5942
₽4356
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
surtax
-
-
-
-
income
-
-
-
6 179
chamber of commerce
-
-
-
254
pensions
-
-
-
11 747
unemployment
-
-
-
5 822
total
-
-
-
28 860
Employee
41 494
37 829
49 309
-
unemployment
1 245
1 135
1 479
-
pensions
4 249
3 873
5 049
-
health
1 605
1 465
1 908
-
income
3 696
2 790
5 937
-
other
414
378
494
-
total
11 209
9 641
14 867
-
Employer
41 494
37 829
49 309
-
chamber of commerce
166
151
196
-
pensions
5 208
4 748
6 188
-
other
1 971
1 796
2 344
-
health
1 569
1 430
1 864
-
unemployment
1 245
1 135
1 479
-
accident
539
492
641
-
surtax
-
-
-
-
payroll
1 245
1 135
1 479
-
total
11 943
10 887
14 191
-
Corporate
10 064
14 784
45 706
-
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.

2 517
3 696
11 426
-
total
2 517
3 696
11 426
-
Dividends
7 548
11 087
-
-
withholding
2 075
3 050
-
-
total
2 075
3 050
-
-
Income
63 500
63 500
63 500
63 500
Total tax
27 744
27 274
40 484
28 860
After tax
35 756
36 226
23 016
34 640
Living cost
30 284
30 284
30 284
30 284
Free-cash
5 472
5 942
-7 268
4 356

Estimated living cost  is ₽30284 per week

₽18167
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3093
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.
₽8484
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽45839
₽38601
₽48126
₽50666
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We expect you will register a microenterprise to benefit from 1% tax rate. Otherwise you will be taxed at a personal income rate of 20%.

-
-
-
63 500
microenterprise

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

-
-
-
635
total
-
-
-
635
Employee
15 249
-
63 500
-
income
3 050
-
12 700
-
total
3 050
-
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%.

48 251
63 500
-
-
total
-
-
-
-
Dividends
48 251
63 500
-
-
withholding
2 412
3 175
-
-
total
2 412
3 175
-
-
Income
63 500
63 500
63 500
63 500
Total tax
5 462
3 175
12 700
635
After tax
58 038
60 325
50 800
62 865
Living cost
12 199
12 199
12 199
12 199
Free-cash
45 839
48 126
38 601
50 666

Estimated living cost  is ₽12199 per week

₽8255
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽512
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽409
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3022
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽10319
₽6950
₽18258
₽8770
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
6 249
income
-
-
-
11 328
pensions
-
-
-
11 597
unemployment
-
-
-
95
total
-
-
-
29 269
Employee

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

41 976
-
54 945
-
unemployment
59
-
77
-
pensions
6 507
-
8 517
-
health
2 711
-
3 551
-
income
7 239
-
10 390
-
total
16 516
-
22 535
-
Employer

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

41 976
-
54 945
-
pensions
3 714
-
4 862
-
health
2 796
-
3 660
-
unemployment
25
-
32
-
total
6 535
-
8 554
-
Corporate
14 989
63 500
-
-
income
2 848
12 066
-
-
total
2 848
12 066
-
-
Dividends
12 141
51 434
-
-
withholding
1 821
7 715
-
-
total
1 821
7 715
-
-
Income
63 500
63 500
63 500
63 500
Total tax
27 720
19 781
31 089
29 269
After tax
35 780
43 719
32 411
34 231
Living cost
25 461
25 461
25 461
25 461
Free-cash
10 319
18 258
6 950
8 770

Estimated living cost  is ₽25461 per week

₽17473
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1632
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽494
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5863
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽78380
₽9924
-₽2425
₽2826
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
58 871
-
-
-
social contributions
4 827
-
688
-
income
12 986
-
-
-
total
17 813
-
688
-
Employer
58 871
-
-
-
social contributions
83 009
-
11 830
-
total
83 009
-
11 830
-
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
100 822
24 867
12 518
19 616
After tax
-37 322
38 633
50 982
43 884
Living cost
41 058
41 058
41 058
41 058
Free-cash
-78 380
-2 425
9 924
2 826

Estimated living cost  is ₽41058 per week

₽26640
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3861
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽523
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10033
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽5389
₽4415
₽6344
₽6520
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
63 500
social contributions

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

-
-
-
22 067
income
-
-
-
5 138
surtax
-
-
-
-
total
-
-
-
27 205
Employee
43 658
-
51 314
-
social contributions
4 802
-
5 644
-
income
9 081
-
11 480
-
surtax
-
-
-
-
total
13 883
-
17 124
-
Employer
43 658
-
51 314
-
social contributions
10 369
-
12 186
-
total
10 369
-
12 186
-
Corporate
9 473
63 500
-
-
income
1 989
13 336
-
-
surtax
-
-
-
-
total
1 989
13 336
-
-
Dividends
7 485
50 164
-
-
withholding
2 095
14 045
-
-
total
2 095
14 045
-
-
Income
63 500
63 500
63 500
63 500
Total tax
28 336
27 381
29 310
27 205
After tax
35 164
36 119
34 190
36 295
Living cost
29 775
29 775
29 775
29 775
Free-cash
5 389
6 344
4 415
6 520

Estimated living cost  is ₽29775 per week

₽22278
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1756
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽497
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5244
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽14520
-₽7644
-₽13845
-₽7997
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 809
health
-
-
-
549
income
-
-
-
3 291
surtax
-
-
-
-
pensions
-
-
-
18 032
other
-
-
-
1 969
total
-
-
-
25 650
Employee
59 453
-
48 388
-
pensions
6 725
-
5 471
-
social contributions
1 693
-
1 378
-
income
5 187
-
3 336
-
surtax
-
-
-
-
total
13 605
-
10 185
-
Employer
59 453
-
48 388
-
pensions
9 769
-
7 949
-
other
2 052
-
1 670
-
health
4 161
-
3 387
-
unemployment
2 408
-
1 960
-
social contributions
178
-
146
-
total
18 568
-
15 112
-
Corporate
-
63 500
-
-
income
-
17 780
-
-
surtax
-
-
-
-
total
-
17 780
-
-
Dividends
-
45 720
-
-
surtax
-
-
-
-
social contributions
-
7 865
-
-
withholding
-
5 853
-
-
total
-
13 718
-
-
Income
63 500
63 500
63 500
63 500
Total tax
32 173
31 498
25 297
25 650
After tax
31 327
32 002
38 203
37 850
Living cost
45 847
45 847
45 847
45 847
Free-cash
-14 520
-13 845
-7 644
-7 997

Estimated living cost  is ₽45847 per week

₽31029
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3750
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽629
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10439
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽25428
₽22463
₽28616
₽20681
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
13 970
income
-
-
-
315
total
-
-
-
14 285
Employee
30 517
-
54 980
-
social contributions
1 983
-
3 574
-
income
-
-
409
-
total
1 983
-
3 983
-
Employer
30 517
-
54 980
-
social contributions
4 730
-
8 520
-
total
4 730
-
8 520
-
Corporate
28 252
63 500
-
-
income
2 825
6 350
-
-
total
2 825
6 350
-
-
Dividends
25 428
57 150
-
-
total
-
-
-
-
Income
63 500
63 500
63 500
63 500
Total tax
9 538
6 350
12 503
14 285
After tax
53 962
57 150
50 997
49 215
Living cost
28 534
28 534
28 534
28 534
Free-cash
25 428
28 616
22 463
20 681

Estimated living cost  is ₽28534 per week

₽18450
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2151
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.
₽7396
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽143143
-₽143143
-₽143143
-₽5040
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
10 770
pensions
-
-
-
822
labour market
-
-
-
5 014
national
-
-
-
6 257
total
-
-
-
22 863
Employee
192 792
192 792
192 792
-
pensions
274
274
274
-
municipal
41 054
41 054
41 054
-
national
23 553
23 553
23 553
-
labour market
15 401
15 401
15 401
-
total
80 282
80 282
80 282
-
Employer
192 792
192 792
192 792
-
municipal
41 119
41 119
41 119
-
pensions
548
548
548
-
national
23 594
23 594
23 594
-
labour market
15 423
15 423
15 423
-
total
80 684
80 684
80 684
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
63 500
63 500
63 500
63 500
Total tax
160 966
160 966
160 966
22 863
After tax
-97 466
-97 466
-97 466
40 637
Living cost
45 677
45 677
45 677
45 677
Free-cash
-143 143
-143 143
-143 143
-5 040

Estimated living cost  is ₽45677 per week

₽31262
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4041
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽702
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9672
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽1949
₽12056
-₽15684
₽22961
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
243
health
-
-
-
2 096
income
-
-
-
13 018
pensions
-
-
-
3 998
other
-
-
-
356
total
-
-
-
19 711
Employee
32 764
-
52 750
-
pensions
3 689
-
5 940
-
health
3 752
-
6 040
-
income
4 495
-
7 886
-
total
11 936
-
19 866
-
Employer
32 764
-
52 750
-
pensions
5 327
-
8 577
-
unemployment
803
-
1 292
-
accident
547
-
881
-
total
6 677
-
10 750
-
Corporate
24 059
63 500
-
-
income

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

21 653
57 150
-
-
total
21 653
57 150
-
-
Dividends
2 406
6 350
-
-
withholding
457
1 206
-
-
total
457
1 206
-
-
Income
63 500
63 500
63 500
63 500
Total tax
40 723
58 356
30 616
19 711
After tax
22 777
5 144
32 884
43 789
Living cost
20 828
20 828
20 828
20 828
Free-cash
1 949
-15 684
12 056
22 961

Estimated living cost  is ₽20828 per week

₽15161
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1187
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽391
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4089
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽2862
₽2266
₽7114
₽11548
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
582
municipal
-
-
-
11 325
national
-
-
-
3 601
total
-
-
-
15 508
Employee
49 942
-
53 420
-
unemployment
749
-
802
-
pensions
3 370
-
3 606
-
municipal
8 180
-
8 746
-
national
825
-
1 128
-
health
373
-
427
-
total
13 497
-
14 709
-
Employer
49 942
-
53 420
-
pensions
8 665
-
9 268
-
health
384
-
411
-
unemployment
324
-
348
-
accident
50
-
54
-
total
9 423
-
10 081
-
Corporate
4 135
63 500
-
-
income
827
12 700
-
-
total
827
12 700
-
-
Dividends

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

2 481
38 100
-
-
national
-
384
-
-
municipal
447
6 858
-
-
total
447
7 242
-
-
Income
63 500
63 500
63 500
63 500
Total tax
24 194
19 942
24 790
15 508
After tax
39 306
43 558
38 710
47 992
Living cost
36 444
36 444
36 444
36 444
Free-cash
2 862
7 114
2 266
11 548

Estimated living cost  is ₽36444 per week

₽23805
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3505
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽580
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8555
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽19517
₽22692
₽20057
₽26551
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 446
total
-
-
-
14 971
Employee
72 992
72 992
72 992
-
health
566
1 241
980
-
social contributions
2 760
6 058
4 784
-
income
7 948
6 757
7 216
-
total
11 274
14 056
12 980
-
Employer
72 992
72 992
72 992
-
health
614
1 351
1 066
-
social contributions
2 760
6 058
4 784
-
total
3 374
7 409
5 850
-
Corporate
26 875
-
-
-
income
3 360
-
-
-
total
3 360
-
-
-
Dividends
23 516
-
-
-
withholding
3 997
-
-
-
total
3 997
-
-
-
Income
63 500
63 500
63 500
63 500
Total tax
22 005
21 465
18 830
14 971
After tax
41 495
42 035
44 670
48 529
Living cost
21 978
21 978
21 978
21 978
Free-cash
19 517
20 057
22 692
26 551

Estimated living cost  is ₽21978 per week

₽13172
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2156
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6164
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽32684
₽24204
₽37512
₽33325
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 435
income
-
-
-
5 604
pensions
-
-
-
6 038
unemployment
-
-
-
27
total
-
-
-
15 104
Employee

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

21 788
-
57 570
-
unemployment
108
-
288
-
pensions
3 268
-
8 636
-
health
1 852
-
4 894
-
income
1 490
-
4 477
-
total
6 718
-
18 295
-
Employer

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

21 788
-
57 570
-
pensions
1 198
-
3 167
-
health
937
-
2 475
-
unemployment
108
-
288
-
total
2 243
-
5 930
-
Corporate
39 469
63 500
-
-
income
3 552
5 716
-
-
total
3 552
5 716
-
-
Dividends
35 917
57 784
-
-
withholding
3 232
5 201
-
-
total
3 232
5 201
-
-
Income
63 500
63 500
63 500
63 500
Total tax
15 745
10 917
24 225
15 104
After tax
47 755
52 583
39 275
48 396
Living cost
15 071
15 071
15 071
15 071
Free-cash
32 684
37 512
24 204
33 325

Estimated living cost  is ₽15071 per week

₽9616
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1086
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.
₽3920
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽11776
₽8767
₽16753
₽8317
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
571
income
-
-
-
10 031
pensions
-
-
-
17 970
other
-
-
-
63
unemployment
-
-
-
445
total
-
-
-
29 080
Employee
35 099
-
48 152
-
unemployment
544
-
746
-
pensions
1 650
-
2 263
-
income
6 767
-
10 224
-
other
34
-
49
-
total
8 995
-
13 282
-
Employer
35 099
-
48 152
-
pensions
8 283
-
11 363
-
other
281
-
384
-
unemployment
1 931
-
2 648
-
accident
695
-
953
-
total
11 190
-
15 348
-
Corporate
17 211
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.

2 581
9 526
-
-
total
2 581
9 526
-
-
Dividends
14 629
53 974
-
-
withholding
2 855
11 118
-
-
total
2 855
11 118
-
-
Income
63 500
63 500
63 500
63 500
Total tax
25 621
20 644
28 630
29 080
After tax
37 879
42 856
34 870
34 420
Living cost
26 103
26 103
26 103
26 103
Free-cash
11 776
16 753
8 767
8 317

Estimated living cost  is ₽26103 per week

₽17619
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2509
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽458
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5518
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽37462
₽38194
₽37767
₽38327
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
982
income
-
-
-
20 979
pensions
-
-
-
1 355
total
-
-
-
23 316
Employee
2 829
-
61 976
-
unemployment
28
-
68
-
pensions
255
-
610
-
health
141
-
339
-
income
547
-
20 908
-
total
971
-
21 925
-
Employer
2 829
-
61 976
-
pensions
311
-
745
-
health
269
-
644
-
unemployment
57
-
135
-
total
637
-
1 524
-
Corporate
60 035
63 500
-
-
income
13 208
13 970
-
-
total
13 208
13 970
-
-
Dividends
46 827
49 530
-
-
withholding
9 365
9 906
-
-
total
9 365
9 906
-
-
Income
63 500
63 500
63 500
63 500
Total tax
24 181
23 876
23 449
23 316
After tax
39 319
39 624
40 051
40 184
Living cost
1 857
1 857
1 857
1 857
Free-cash
37 462
37 767
38 194
38 327

Estimated living cost  is ₽1857 per week

₽1104
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽151
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽43
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽560
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽24800
₽17383
₽29469
₽14757
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 330
pensions
-
-
-
16 510
unemployment
-
-
-
953
total
-
-
-
32 333
Employee

The minimum tax base for social security contributions are defined by the Law on Mandatory Social Insurance Contributions and is fixed at 35% of an average monthly salary published in Serbia. The maximum tax base for social security contributions is capped at five times the average monthly salary published by the official statistics in Serbia at the moment of salary payment.

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

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

24 745
-
53 859
-
unemployment
186
-
404
-
pensions
3 464
-
7 540
-
health
1 274
-
2 774
-
income
3 411
-
9 348
-
total
8 335
-
20 066
-
Employer

The minimum tax base for social security contributions are defined by the Law on Mandatory Social Insurance Contributions and is fixed at 35% of an average monthly salary published in Serbia. The maximum tax base for social security contributions is capped at five times the average monthly salary published by the official statistics in Serbia at the moment of salary payment.

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

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

24 745
-
53 859
-
pensions
2 969
-
6 463
-
health
1 274
-
2 774
-
unemployment
186
-
404
-
total
4 429
-
9 641
-
Corporate
34 325
63 500
-
-
income
5 149
9 525
-
-
total
5 149
9 525
-
-
Dividends
29 177
53 975
-
-
withholding
4 377
8 096
-
-
total
4 377
8 096
-
-
Income
63 500
63 500
63 500
63 500
Total tax
22 290
17 621
29 707
32 333
After tax
41 210
45 879
33 793
31 167
Living cost
16 410
16 410
16 410
16 410
Free-cash
24 800
29 469
17 383
14 757

Estimated living cost  is ₽16410 per week

₽11049
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1269
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽475
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3617
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽10186
₽8599
₽10528
₽10704
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
63 500
social contributions

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

-
-
-
22 067
income
-
-
-
5 138
surtax
-
-
-
-
total
-
-
-
27 205
Employee
36 842
-
51 314
-
social contributions
4 053
-
5 644
-
income
7 199
-
11 480
-
surtax
-
-
-
-
total
11 252
-
17 124
-
Employer
36 842
-
51 314
-
social contributions
8 749
-
12 186
-
total
8 749
-
12 186
-
Corporate
17 908
63 500
-
-
income
3 761
13 336
-
-
surtax
-
-
-
-
total
3 761
13 336
-
-
Dividends
14 147
50 164
-
-
withholding
3 961
14 045
-
-
total
3 961
14 045
-
-
Income
63 500
63 500
63 500
63 500
Total tax
27 723
27 381
29 310
27 205
After tax
35 777
36 119
34 190
36 295
Living cost
25 591
25 591
25 591
25 591
Free-cash
10 186
10 528
8 599
10 704

Estimated living cost  is ₽25591 per week

₽18125
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1778
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽454
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5235
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽2091
₽1509
₽9495
₽1059
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
571
income
-
-
-
10 031
pensions
-
-
-
17 970
other
-
-
-
63
unemployment
-
-
-
445
total
-
-
-
29 080
Employee
45 844
-
48 152
-
unemployment
710
-
746
-
pensions
2 154
-
2 263
-
income
9 575
-
10 224
-
other
45
-
49
-
total
12 484
-
13 282
-
Employer
45 844
-
48 152
-
pensions
10 819
-
11 363
-
other
367
-
384
-
unemployment
2 522
-
2 648
-
accident
908
-
953
-
total
14 616
-
15 348
-
Corporate
3 039
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.

456
9 526
-
-
total
456
9 526
-
-
Dividends
2 584
53 974
-
-
withholding
492
11 118
-
-
total
492
11 118
-
-
Income
63 500
63 500
63 500
63 500
Total tax
28 048
20 644
28 630
29 080
After tax
35 452
42 856
34 870
34 420
Living cost
33 361
33 361
33 361
33 361
Free-cash
2 091
9 495
1 509
1 059

Estimated living cost  is ₽33361 per week

₽23958
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2594
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽470
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6339
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽32177
₽30165
₽37963
₽28793
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 813
income
-
-
-
9 525
pensions

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

-
-
-
4 907
unemployment
-
-
-
133
total
-
-
-
18 378
Employee
21 622
-
56 995
-
accident

We are using the highest rate at 1.1%.

238
-
365
-
pensions

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

1 898
-
2 911
-
health
995
-
1 525
-
income
2 163
-
5 699
-
total
5 294
-
10 500
-
Employer
21 622
-
56 995
-
pensions

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

2 383
-
3 654
-
health
1 492
-
2 288
-
unemployment
130
-
199
-
accident

We are using the highest rate at 1.1%.

238
-
365
-
total
4 243
-
6 506
-
Corporate
37 636
63 500
-
-
income
3 763
6 350
-
-
total
3 763
6 350
-
-
Dividends
33 873
57 150
-
-
withholding
1 694
2 858
-
-
total
1 694
2 858
-
-
Income
63 500
63 500
63 500
63 500
Total tax
14 994
9 208
17 006
18 378
After tax
48 506
54 292
46 494
45 122
Living cost
16 329
16 329
16 329
16 329
Free-cash
32 177
37 963
30 165
28 793

Estimated living cost  is ₽16329 per week

₽10800
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽935
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽390
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4205
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽8620
₽11200
-₽3800
₽8420
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
6 485
trade
-
-
-
2 780
income

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

-
-
-
8 690
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.

-
-
-
477
total
-
-
-
18 432
Employee

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

47 231
-
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.

6 485
-
6 485
-
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.

3 884
-
8 690
-
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.

214
-
477
-
total
10 583
-
15 652
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
16 269
63 500
-
-
income
2 441
9 526
-
-
chamber of commerce
168
238
-
-
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
524
-
-
trade
2 335
9 113
-
-
total
5 079
19 401
-
-
Dividends
11 191
44 099
-
-
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.

133
587
-
-
withholding
2 437
10 664
-
-
total
2 570
11 251
-
-
Income
63 500
63 500
63 500
63 500
Total tax
18 232
30 652
15 652
18 432
After tax
45 268
32 848
47 848
45 068
Living cost
36 648
36 648
36 648
36 648
Free-cash
8 620
-3 800
11 200
8 420

Estimated living cost  is ₽36648 per week

₽25280
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3943
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽531
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6892
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽10753
-₽5285
-₽9623
-₽5285
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
63 500
social contributions
-
-
-
4 985
income
-
-
-
9 727
total
-
-
-
14 712
Employee
74 252
-
63 500
-
social contributions
6 169
-
4 985
-
income
14 011
-
9 727
-
total
20 180
-
14 712
-
Employer
74 252
-
63 500
-
total
-
-
-
-
Corporate
-
63 500
-
-
income
-
7 937
-
-
total
-
7 937
-
-
Dividends
-
55 563
-
-
withholding
-
11 113
-
-
total
-
11 113
-
-
Income
63 500
63 500
63 500
63 500
Total tax
20 180
19 050
14 712
14 712
After tax
43 320
44 450
48 788
48 788
Living cost
54 073
54 073
54 073
54 073
Free-cash
-10 753
-9 623
-5 285
-5 285

Estimated living cost  is ₽54073 per week

₽41138
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4406
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽517
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8013
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽7301
₽11687
₽1802
-₽3855
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
27 021
health

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

-
-
-
5 876
total
-
-
-
32 897
Employee
43 546
-
59 133
-
social contributions
4 363
-
4 367
-
income
4 725
-
8 621
-
total
9 088
-
12 988
-
Employer
43 546
-
59 133
-
social contributions
4 363
-
4 367
-
total
4 363
-
4 367
-
Corporate
15 591
63 500
-
-
income
5 456
22 225
-
-
total
5 456
22 225
-
-
Dividends
10 135
41 275
-
-
social contributions
2 834
5 015
-
-
total
2 834
5 015
-
-
Income
63 500
63 500
63 500
63 500
Total tax
21 741
27 240
17 355
32 897
After tax
41 759
36 260
46 145
30 603
Living cost
34 458
34 458
34 458
34 458
Free-cash
7 301
1 802
11 687
-3 855

Estimated living cost  is ₽34458 per week

₽22697
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2716
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽528
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8515
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽7835
₽6213
₽13076
₽12968
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
11 866
pensions
-
-
-
4 165
total
-
-
-
16 031
Employee
47 357
-
56 398
-
pensions
3 615
-
4 701
-
health
618
-
804
-
income
8 624
-
10 179
-
total
12 857
-
15 684
-
Employer
47 357
-
56 398
-
pensions
4 785
-
6 030
-
health
900
-
1 072
-
total
5 685
-
7 102
-
Corporate
10 458
63 500
-
-
income

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

1 986
12 065
-
-
total
1 986
12 065
-
-
Dividends
8 472
51 435
-
-
withholding
636
3 858
-
-
total
636
3 858
-
-
Income
63 500
63 500
63 500
63 500
Total tax
21 164
15 923
22 786
16 031
After tax
42 336
47 577
40 714
47 469
Living cost
34 501
34 501
34 501
34 501
Free-cash
7 835
13 076
6 213
12 968

Estimated living cost  is ₽34501 per week

₽23667
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3173
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽432
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7227
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽1633
₽9994
-₽17746
₽20899
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
243
health
-
-
-
2 096
income
-
-
-
13 018
pensions
-
-
-
3 998
other
-
-
-
356
total
-
-
-
19 711
Employee
36 007
-
52 750
-
pensions
4 054
-
5 940
-
health
4 123
-
6 040
-
income
4 940
-
7 886
-
total
13 117
-
19 866
-
Employer
36 007
-
52 750
-
pensions
5 855
-
8 577
-
unemployment
882
-
1 292
-
accident
601
-
881
-
total
7 338
-
10 750
-
Corporate
20 155
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.

18 139
57 150
-
-
total
18 139
57 150
-
-
Dividends
2 015
6 350
-
-
withholding
383
1 206
-
-
total
383
1 206
-
-
Income
63 500
63 500
63 500
63 500
Total tax
38 977
58 356
30 616
19 711
After tax
24 523
5 144
32 884
43 789
Living cost
22 890
22 890
22 890
22 890
Free-cash
1 633
-17 746
9 994
20 899

Estimated living cost  is ₽22890 per week

₽16799
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1334
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽461
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4296
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽36547
₽24320
₽41160
₽24320
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 902
health insurance
-
-
-
4 699
pensions
-
-
-
11 684
unemployment
-
-
-
762
work injury
-
-
-
318
total
-
-
-
26 365
Employee

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

20 505
-
63 500
-
unemployment
246
-
762
-
pensions
3 773
-
11 684
-
work injury
103
-
318
-
income
2 050
-
8 902
-
health insurance
1 517
-
4 699
-
total
7 689
-
26 365
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
42 995
63 500
-
-
income

Macedonia has a simplified tax regime. Before 3,000,000 MKD per annum you will be taxed at 0%, and before 6,000,000 MKD it is 1%.

-
-
-
-
total
-
-
-
-
Dividends
42 995
63 500
-
-
withholding
6 449
9 525
-
-
total
6 449
9 525
-
-
Income
63 500
63 500
63 500
63 500
Total tax
14 138
9 525
26 365
26 365
After tax
49 362
53 975
37 135
37 135
Living cost
12 815
12 815
12 815
12 815
Free-cash
36 547
41 160
24 320
24 320

Estimated living cost  is ₽12815 per week

₽7939
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽931
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.
₽3545
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽16490
-₽7267
-₽4369
-₽3746
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
425
regional
-
-
-
1 017
national
-
-
-
11 655
total
-
-
-
29 430
Employee
79 989
-
63 500
-
regional
1 208
-
878
-
municipal
477
-
378
-
national
13 517
-
10 282
-
social contributions
26 972
-
21 413
-
total
42 174
-
32 951
-
Employer
79 989
-
63 500
-
total
-
-
-
-
Corporate
-
63 500
-
-
municipal
-
3 061
-
-
nationa
-
15 240
-
-
total
-
18 301
-
-
Dividends
-
45 200
-
-
withholding
-
11 752
-
-
total
-
11 752
-
-
Income
63 500
63 500
63 500
63 500
Total tax
42 174
30 053
32 951
29 430
After tax
21 326
33 447
30 549
34 070
Living cost
37 816
37 816
37 816
37 816
Free-cash
-16 490
-4 369
-7 267
-3 746

Estimated living cost  is ₽37816 per week

₽26563
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2601
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽571
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8079
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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