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
₽13921
₽19063
₽16022
₽3407
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
478
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.

-
-
-
6 493
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.

-
-
-
8 676
trade
-
-
-
3 041
total
-
-
-
18 688
Employee

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

36 355
-
63 500
-
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.

1 016
-
8 676
-
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
-
478
-
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.

6 493
-
6 493
-
total
7 565
-
15 647
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
27 145
63 500
-
-
surtax

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

224
523
-
-
chamber of commerce
184
236
-
-
income
4 071
9 526
-
-
trade
4 275
10 002
-
-
total
8 754
20 287
-
-
Dividends
18 392
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.

233
574
-
-
withholding
4 237
10 442
-
-
total
4 470
11 016
-
-
Income
63 500
63 500
63 500
63 500
Total tax
20 789
31 303
15 647
18 688
After tax
42 711
32 197
47 853
44 812
Living cost
28 790
28 790
28 790
28 790
Free-cash
13 921
3 407
19 063
16 022

Estimated living cost  is ₽28790 per week

₽18110
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3357
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽538
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6786
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽25382
-₽12455
-₽12953
-₽12942
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
national
-
-
-
9 472
pensions
-
-
-
7 620
municipal
-
-
-
6 112
social contributions
-
-
-
683
total
-
-
-
23 887
Employee
81 487
-
54 895
-
pensions
3 259
-
2 196
-
national
15 597
-
9 853
-
municipal
10 065
-
6 358
-
total
28 921
-
18 407
-
Employer
81 487
-
54 895
-
social contributions
876
-
590
-
pensions
6 519
-
4 392
-
total
7 395
-
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
36 316
23 876
23 389
23 887
After tax
27 184
39 624
40 111
39 613
Living cost
52 566
52 566
52 566
52 566
Free-cash
-25 382
-12 942
-12 455
-12 953

Estimated living cost  is ₽52566 per week

₽35729
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4886
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽787
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11164
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽23228
₽16378
₽31208
₽31026
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
surtax
-
-
-
-
income
-
-
-
-
microenterprise
-
-
-
9 526
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.

-
-
-
2 992
total
-
-
-
12 518
Employee
27 774
-
51 173
-
income
4 944
-
9 392
-
surtax
-
-
-
-
social contributions

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

3 056
-
5 629
-
total
8 000
-
15 021
-
Employer
27 774
-
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.

6 690
-
12 327
-
surtax
-
-
-
-
total
6 690
-
12 327
-
Corporate
29 036
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%.

5 808
12 700
-
-
total
5 808
12 700
-
-
Dividends

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

23 228
50 800
-
-
total
-
-
-
-
Income
63 500
63 500
63 500
63 500
Total tax
20 498
12 700
27 348
12 518
After tax
43 002
50 800
36 152
50 982
Living cost
19 774
19 774
19 774
19 774
Free-cash
23 228
31 026
16 378
31 208

Estimated living cost  is ₽19774 per week

₽12615
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1883
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.
₽4827
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽30885
-₽30885
-₽3598
-₽25550
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
63 500
pensions
-
-
-
11 136
health
-
-
-
9 590
income
-
-
-
6 554
total
-
-
-
27 280
Employee
81 168
81 168
81 168
-
income

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

13 286
13 286
13 286
-
pensions
14 610
11 136
14 610
-
health
12 458
10 597
12 458
-
total
40 354
35 019
40 354
-
Employer
81 168
81 168
81 168
-
unemployment
2 922
2 922
2 922
-
health
5 642
5 642
5 642
-
pensions
5 649
5 649
5 649
-
total
14 213
14 213
14 213
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
63 500
63 500
63 500
63 500
Total tax
54 567
49 232
54 567
27 280
After tax
8 933
14 268
8 933
36 220
Living cost
39 818
39 818
39 818
39 818
Free-cash
-30 885
-25 550
-30 885
-3 598

Estimated living cost  is ₽39818 per week

₽28218
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3589
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽633
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7377
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽7410
-₽3959
-₽6213
-₽3196
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
63 500
unemployment
-
-
-
64
accident
-
-
-
127
national
-
-
-
-
pensions
-
-
-
6 864
health
-
-
-
3 962
municipal
-
-
-
13 450
other
-
-
-
7 379
total
-
-
-
31 846
Employee
53 957
-
48 318
-
national
-
-
-
-
municipal
16 090
-
14 409
-
total
16 090
-
14 409
-
Employer
53 957
-
48 318
-
accident
108
-
97
-
unemployment
1 424
-
1 276
-
health
3 318
-
2 972
-
pensions
5 833
-
5 223
-
other
6 270
-
5 615
-
total
16 953
-
15 183
-
Corporate
-
63 500
-
-
income
-
13 970
-
-
total
-
13 970
-
-
Dividends
-
49 530
-
-
withholding
-
14 859
-
-
total
-
14 859
-
-
Income
63 500
63 500
63 500
63 500
Total tax
33 043
28 829
29 592
31 846
After tax
30 457
34 671
33 908
31 654
Living cost
37 867
37 867
37 867
37 867
Free-cash
-7 410
-3 196
-3 959
-6 213

Estimated living cost  is ₽37867 per week

₽25097
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3716
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽575
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8479
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽7889
₽10514
₽7338
-₽5467
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
478
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.

-
-
-
6 493
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.

-
-
-
8 676
trade
-
-
-
3 176
total
-
-
-
18 823
Employee

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

48 201
-
63 500
-
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.

4 141
-
8 676
-
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
-
478
-
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.

6 493
-
6 493
-
total
10 861
-
15 647
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
15 299
63 500
-
-
surtax

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

126
523
-
-
chamber of commerce
166
234
-
-
income
2 294
9 526
-
-
trade
2 516
10 445
-
-
total
5 102
20 728
-
-
Dividends
10 196
42 771
-
-
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
568
-
-
withholding
2 188
10 332
-
-
total
2 309
10 900
-
-
Income
63 500
63 500
63 500
63 500
Total tax
18 272
31 628
15 647
18 823
After tax
45 228
31 872
47 853
44 677
Living cost
37 339
37 339
37 339
37 339
Free-cash
7 889
-5 467
10 514
7 338

Estimated living cost  is ₽37339 per week

₽24973
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3938
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.
₽7872
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽11891
₽13828
₽17711
₽11177
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 620
income
-
-
-
3 434
social contributions
-
-
-
9 906
total
-
-
-
14 960
Employee
73 088
73 088
73 088
-
income
7 675
6 766
7 228
-
social contributions
3 552
6 066
4 785
-
health
727
1 243
979
-
total
11 954
14 075
12 992
-
Employer
73 088
73 088
73 088
-
social contributions
3 552
6 066
4 785
-
health
792
1 353
1 066
-
total
4 344
7 419
5 851
-
Corporate
16 374
-
-
-
income
2 047
-
-
-
total
2 047
-
-
-
Dividends
14 327
-
-
-
withholding
2 435
-
-
-
total
2 435
-
-
-
Income
63 500
63 500
63 500
63 500
Total tax
20 780
21 494
18 843
14 960
After tax
42 720
42 006
44 657
48 540
Living cost
30 829
30 829
30 829
30 829
Free-cash
11 891
11 177
13 828
17 711

Estimated living cost  is ₽30829 per week

₽21075
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2408
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽518
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6829
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽17836
₽18350
₽25529
₽17452
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
63 500
unemployment
-
-
-
952
pensions
-
-
-
6 350
health
-
-
-
4 445
income
-
-
-
7 763
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.

26 649
10 606
53 138
-
income
3 258
1 297
6 496
-
pensions
2 665
1 061
5 314
-
unemployment
400
159
797
-
health
1 865
742
3 720
-
total
8 188
3 259
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.

26 649
10 606
53 138
-
pensions
5 197
2 068
10 362
-
total
5 197
2 068
10 362
-
Corporate
31 654
50 826
-
-
income
2 849
4 574
-
-
total
2 849
4 574
-
-
Dividends
28 805
46 251
-
-
social contributions
5 496
8 898
-
-
withholding
5 473
8 788
-
-
total
10 969
17 686
-
-
Income
63 500
63 500
63 500
63 500
Total tax
27 203
27 587
26 689
19 510
After tax
36 297
35 913
36 811
43 990
Living cost
18 461
18 461
18 461
18 461
Free-cash
17 836
17 452
18 350
25 529

Estimated living cost  is ₽18461 per week

₽12598
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1511
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽369
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3984
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽21937
₽13645
₽11401
₽27842
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
63 500
pensions
-
-
-
12 700
health
-
-
-
8 256
income
-
-
-
8 185
total
-
-
-
29 141
Employee
26 964
-
47 456
-
income
3 036
-
9 150
-
pensions
539
-
949
-
unemployment
431
-
759
-
total
4 006
-
10 858
-
Employer
26 964
-
47 456
-
unemployment
216
-
379
-
health
3 505
-
6 169
-
pensions
5 393
-
9 491
-
total
9 114
-
16 039
-
Corporate
27 422
63 500
-
-
income
5 485
12 700
-
-
total
5 485
12 700
-
-
Dividends
21 936
50 800
-
-
total
-
-
-
-
Income
63 500
63 500
63 500
63 500
Total tax
18 605
12 700
26 897
29 141
After tax
44 895
50 800
36 603
34 359
Living cost
22 958
22 958
22 958
22 958
Free-cash
21 937
27 842
13 645
11 401

Estimated living cost  is ₽22958 per week

₽15747
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1367
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽462
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5382
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽1995
₽12200
₽23234
-₽15395
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
236
pensions
-
-
-
3 884
health
-
-
-
2 036
income
-
-
-
13 226
other
-
-
-
346
total
-
-
-
19 728
Employee
32 308
-
52 749
-
income
4 432
-
8 033
-
pensions
3 638
-
5 939
-
health
3 699
-
6 040
-
total
11 769
-
20 012
-
Employer
32 308
-
52 749
-
accident
539
-
881
-
unemployment
792
-
1 292
-
pensions
5 253
-
8 577
-
total
6 584
-
10 750
-
Corporate
24 608
63 500
-
-
income

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

22 147
57 150
-
-
total
22 147
57 150
-
-
Dividends
2 461
6 350
-
-
withholding
467
1 207
-
-
total
467
1 207
-
-
Income
63 500
63 500
63 500
63 500
Total tax
40 967
58 357
30 762
19 728
After tax
22 533
5 143
32 738
43 772
Living cost
20 538
20 538
20 538
20 538
Free-cash
1 995
-15 395
12 200
23 234

Estimated living cost  is ₽20538 per week

₽15053
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1138
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽429
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3919
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽50384
₽42428
₽54493
₽51953
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
10 465
-
63 500
-
income
2 093
-
12 700
-
total
2 093
-
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%.

53 035
63 500
-
-
total
-
-
-
-
Dividends
53 035
63 500
-
-
withholding
2 651
3 175
-
-
total
2 651
3 175
-
-
Income
63 500
63 500
63 500
63 500
Total tax
4 744
3 175
12 700
635
After tax
58 756
60 325
50 800
62 865
Living cost
8 372
8 372
8 372
8 372
Free-cash
50 384
51 953
42 428
54 493

Estimated living cost  is ₽8372 per week

₽5189
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽696
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽230
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2258
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽14908
₽11891
₽9057
₽21326
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
63 500
pensions

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

-
-
-
15 240
health
-
-
-
2 794
income
-
-
-
8 066
other
-
-
-
3 016
total
-
-
-
29 116
Employee
34 511
-
50 717
-
income
5 942
-
8 730
-
pensions

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

2 415
-
3 552
-
unemployment
345
-
507
-
health
483
-
711
-
total
9 185
-
13 500
-
Employer
34 511
-
50 717
-
accident
276
-
406
-
unemployment
345
-
507
-
health
483
-
711
-
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.

5 868
-
8 622
-
other
1 726
-
2 536
-
total
8 698
-
12 782
-
Corporate
20 291
63 500
-
-
income
4 260
13 335
-
-
total
4 260
13 335
-
-
Dividends
16 030
50 165
-
-
withholding
1 122
3 512
-
-
total
1 122
3 512
-
-
Income
63 500
63 500
63 500
63 500
Total tax
23 265
16 847
26 282
29 116
After tax
40 235
46 653
37 218
34 384
Living cost
25 327
25 327
25 327
25 327
Free-cash
14 908
21 326
11 891
9 057

Estimated living cost  is ₽25327 per week

₽17895
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1710
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽408
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5314
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽40219
-₽23640
-₽16955
-₽16894
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
63 500
pensions
-
-
-
4 106
income
-
-
-
11 878
total
-
-
-
15 984
Employee
91 216
-
56 456
-
income
16 443
-
10 207
-
pensions
8 800
-
4 628
-
health
1 503
-
790
-
total
26 746
-
15 625
-
Employer
91 216
-
56 456
-
health
1 732
-
1 072
-
pensions
10 770
-
5 972
-
total
12 502
-
7 044
-
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
39 248
15 923
22 669
15 984
After tax
24 252
47 577
40 831
47 516
Living cost
64 471
64 471
64 471
64 471
Free-cash
-40 219
-16 894
-23 640
-16 955

Estimated living cost  is ₽64471 per week

₽48309
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7575
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽524
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8063
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽36865
₽33267
₽31956
₽41425
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
63 500
unemployment
-
-
-
137
pensions

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

-
-
-
5 073
health
-
-
-
3 942
income
-
-
-
9 525
total
-
-
-
18 677
Employee
17 038
-
56 775
-
income
1 703
-
5 677
-
pensions

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

1 496
-
3 010
-
accident

We are using the highest rate at 1.1%.

188
-
377
-
health
784
-
1 577
-
total
4 171
-
10 641
-
Employer
17 038
-
56 775
-
accident

We are using the highest rate at 1.1%.

188
-
377
-
unemployment
102
-
206
-
health
1 176
-
2 365
-
pensions

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

1 878
-
3 777
-
total
3 344
-
6 725
-
Corporate
43 119
63 500
-
-
income
4 312
6 350
-
-
total
4 312
6 350
-
-
Dividends
38 808
57 150
-
-
withholding
1 941
2 858
-
-
total
1 941
2 858
-
-
Income
63 500
63 500
63 500
63 500
Total tax
13 768
9 208
17 366
18 677
After tax
49 732
54 292
46 134
44 823
Living cost
12 867
12 867
12 867
12 867
Free-cash
36 865
41 425
33 267
31 956

Estimated living cost  is ₽12867 per week

₽7512
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽919
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽341
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4095
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽40052
-₽43773
-₽16486
-₽38438
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
63 500
pensions
-
-
-
11 136
health
-
-
-
9 590
income
-
-
-
6 554
total
-
-
-
27 280
Employee
88 123
81 168
81 168
-
income

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

13 286
13 286
13 286
-
pensions
11 136
11 136
14 610
-
health
10 994
10 597
12 458
-
total
35 416
35 019
40 354
-
Employer
88 123
81 168
81 168
-
unemployment
3 173
2 922
2 922
-
health
6 124
5 642
5 642
-
pensions
6 133
5 649
5 649
-
total
15 430
14 213
14 213
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
63 500
63 500
63 500
63 500
Total tax
50 846
49 232
54 567
27 280
After tax
12 654
14 268
8 933
36 220
Living cost
52 706
52 706
52 706
52 706
Free-cash
-40 052
-38 438
-43 773
-16 486

Estimated living cost  is ₽52706 per week

₽38880
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4708
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽604
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽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 Amsterdam model

Close
Brno , Czech Republic
₽11817
₽8710
₽7414
₽20206
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 572
solidarity contribution
-
-
-
-
income
-
-
-
5 458
social contributions
-
-
-
18 542
total
-
-
-
32 572
Employee
34 580
-
47 388
-
solidarity contribution
-
-
-
-
income
4 150
-
5 687
-
social contributions
2 248
-
3 080
-
health
4 668
-
6 397
-
total
11 066
-
15 164
-
Employer
34 580
-
47 388
-
social contributions
8 645
-
11 847
-
health
3 112
-
4 265
-
total
11 757
-
16 112
-
Corporate
17 163
63 500
-
-
income
3 261
12 065
-
-
total
3 261
12 065
-
-
Dividends
13 902
51 435
-
-
withholding
2 085
7 715
-
-
total
2 085
7 715
-
-
Income
63 500
63 500
63 500
63 500
Total tax
28 169
19 780
31 276
32 572
After tax
35 331
43 720
32 224
30 928
Living cost
23 514
23 514
23 514
23 514
Free-cash
11 817
20 206
8 710
7 414

Estimated living cost  is ₽23514 per week

₽16333
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1673
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽462
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5046
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽20973
-₽9208
-₽5619
-₽6227
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
national
-
-
-
11 652
regional
-
-
-
650
municipal
-
-
-
377
social contributions
-
-
-
16 333
total
-
-
-
29 012
Employee
84 474
-
63 500
-
regional
797
-
571
-
national
14 637
-
10 281
-
social contributions
28 485
-
21 412
-
municipal
447
-
337
-
total
44 366
-
32 601
-
Employer
84 474
-
63 500
-
total
-
-
-
-
Corporate
-
63 500
-
-
nationa
-
15 240
-
-
municipal
-
2 477
-
-
total
-
17 717
-
-
Dividends
-
45 784
-
-
withholding
-
11 903
-
-
total
-
11 903
-
-
Income
63 500
63 500
63 500
63 500
Total tax
44 366
29 620
32 601
29 012
After tax
19 134
33 880
30 899
34 488
Living cost
40 107
40 107
40 107
40 107
Free-cash
-20 973
-6 227
-9 208
-5 619

Estimated living cost  is ₽40107 per week

₽27958
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2630
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽615
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8903
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽16008
₽12779
₽14169
₽18967
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
63 500
unemployment
-
-
-
216
surtax
-
-
-
817
pensions
-
-
-
12 700
health
-
-
-
4 509
income
-
-
-
10 115
other
-
-
-
-
total
-
-
-
28 357
Employee
31 432
-
52 456
-
other
-
-
-
-
income
5 269
-
9 504
-
pensions
2 096
-
3 499
-
surtax
103
-
712
-
unemployment
2 188
-
3 651
-
health
803
-
1 337
-
total
10 459
-
18 703
-
Employer
31 432
-
52 456
-
unemployment
996
-
1 663
-
health
1 430
-
2 388
-
pensions
4 190
-
6 993
-
other
-
-
-
-
total
6 616
-
11 044
-
Corporate
25 452
63 500
-
-
income
6 618
16 510
-
-
total
6 618
16 510
-
-
Dividends
18 834
46 990
-
-
withholding
2 825
7 049
-
-
total
2 825
7 049
-
-
Income
63 500
63 500
63 500
63 500
Total tax
26 518
23 559
29 747
28 357
After tax
36 982
39 941
33 753
35 143
Living cost
20 974
20 974
20 974
20 974
Free-cash
16 008
18 967
12 779
14 169

Estimated living cost  is ₽20974 per week

₽12825
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1935
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.
₽5730
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽5409
-₽3214
₽3471
₽3532
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
63 500
pensions
-
-
-
4 106
income
-
-
-
11 878
total
-
-
-
15 984
Employee
61 131
-
56 456
-
income
11 010
-
10 207
-
pensions
5 189
-
4 628
-
health
887
-
790
-
total
17 086
-
15 625
-
Employer
61 131
-
56 456
-
health
1 161
-
1 072
-
pensions
6 617
-
5 972
-
total
7 778
-
7 044
-
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
24 864
15 923
22 669
15 984
After tax
38 636
47 577
40 831
47 516
Living cost
44 045
44 045
44 045
44 045
Free-cash
-5 409
3 532
-3 214
3 471

Estimated living cost  is ₽44045 per week

₽32998
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3301
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.
₽7284
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽33107
-₽24918
-₽21671
-₽46336
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
national
-
-
-
217
pensions
-
-
-
5 842
health
-
-
-
246
regional
-
-
-
1 556
city
-
-
-
668
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
total
-
-
-
9 799
Employee
88 205
-
56 835
-
pensions
7 410
-
4 776
-
regional
2 888
-
1 314
-
national
418
-
178
-
unemployment
-
-
-
-
health
199
-
128
-
city
947
-
610
-
total
11 862
-
7 006
-
Employer
88 205
-
56 835
-
unemployment
-
-
-
-
health
199
-
128
-
pensions
7 410
-
4 776
-
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.

1 764
-
1 136
-
total
9 373
-
6 040
-
Corporate
-
63 500
-
-
national
-
5 397
-
-
regional
-
13 431
-
-
total
-
18 828
-
-
Dividends
-
44 672
-
-
withholding
-
15 636
-
-
total
-
15 636
-
-
Income
63 500
63 500
63 500
63 500
Total tax
21 235
34 464
13 046
9 799
After tax
42 265
29 036
50 454
53 701
Living cost
75 372
75 372
75 372
75 372
Free-cash
-33 107
-46 336
-24 918
-21 671

Estimated living cost  is ₽75372 per week

₽49014
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6764
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽925
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18669
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽3418
₽4310
₽998
-₽12000
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
478
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.

-
-
-
6 493
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.

-
-
-
8 676
trade
-
-
-
3 312
total
-
-
-
18 959
Employee

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

57 123
-
63 500
-
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.

6 717
-
8 676
-
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.

370
-
478
-
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.

6 493
-
6 493
-
total
13 580
-
15 647
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
6 377
63 500
-
-
surtax

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

52
523
-
-
chamber of commerce
153
234
-
-
income
956
9 526
-
-
trade
1 093
10 891
-
-
total
2 254
21 174
-
-
Dividends
4 122
42 326
-
-
surtax

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

36
563
-
-
withholding
669
10 220
-
-
total
705
10 783
-
-
Income
63 500
63 500
63 500
63 500
Total tax
16 539
31 957
15 647
18 959
After tax
46 961
31 543
47 853
44 541
Living cost
43 543
43 543
43 543
43 543
Free-cash
3 418
-12 000
4 310
998

Estimated living cost  is ₽43543 per week

₽31802
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3483
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.
₽7693
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽5096
₽5686
₽5335
-₽514
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
surtax
-
-
-
-
pensions
-
-
-
18 034
health
-
-
-
548
income
-
-
-
3 286
social contributions
-
-
-
1 809
other
-
-
-
1 968
total
-
-
-
25 645
Employee
40 680
-
48 386
-
income
2 401
-
3 332
-
pensions
4 600
-
5 473
-
surtax
-
-
-
-
social contributions
1 160
-
1 380
-
total
8 161
-
10 185
-
Employer
40 680
-
48 386
-
unemployment
1 647
-
1 959
-
social contributions
123
-
144
-
health
2 848
-
3 387
-
pensions
6 683
-
7 951
-
other
1 403
-
1 668
-
total
12 704
-
15 109
-
Corporate
10 117
63 500
-
-
surtax
-
-
-
-
income
2 832
17 779
-
-
total
2 832
17 779
-
-
Dividends
7 285
45 721
-
-
surtax
-
-
-
-
social contributions
1 254
7 864
-
-
withholding
933
5 851
-
-
total
2 187
13 715
-
-
Income
63 500
63 500
63 500
63 500
Total tax
25 884
31 494
25 294
25 645
After tax
37 616
32 006
38 206
37 855
Living cost
32 520
32 520
32 520
32 520
Free-cash
5 096
-514
5 686
5 335

Estimated living cost  is ₽32520 per week

₽20505
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2644
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽554
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8818
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽7988
₽8908
₽8557
₽2708
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
surtax
-
-
-
-
pensions
-
-
-
18 034
health
-
-
-
548
income
-
-
-
3 286
social contributions
-
-
-
1 809
other
-
-
-
1 968
total
-
-
-
25 645
Employee
36 312
-
48 386
-
income
1 872
-
3 332
-
pensions
4 107
-
5 473
-
surtax
-
-
-
-
social contributions
1 035
-
1 380
-
total
7 014
-
10 185
-
Employer
36 312
-
48 386
-
unemployment
1 470
-
1 959
-
social contributions
108
-
144
-
health
2 541
-
3 387
-
pensions
5 967
-
7 951
-
other
1 254
-
1 668
-
total
11 340
-
15 109
-
Corporate
15 848
63 500
-
-
surtax
-
-
-
-
income
4 437
17 779
-
-
total
4 437
17 779
-
-
Dividends
11 410
45 721
-
-
surtax
-
-
-
-
social contributions
1 962
7 864
-
-
withholding
1 461
5 851
-
-
total
3 423
13 715
-
-
Income
63 500
63 500
63 500
63 500
Total tax
26 214
31 494
25 294
25 645
After tax
37 286
32 006
38 206
37 855
Living cost
29 298
29 298
29 298
29 298
Free-cash
7 988
2 708
8 908
8 557

Estimated living cost  is ₽29298 per week

₽16991
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2976
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽556
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8775
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽19078
₽17582
₽20624
₽18587
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
4 432
income
-
-
-
9 526
social contributions
-
-
-
8 763
total
-
-
-
22 721
Employee
32 227
-
63 500
-
income
5 375
-
12 568
-
social contributions
4 448
-
8 763
-
health
2 249
-
4 432
-
total
12 072
-
25 763
-
Employer
32 227
-
63 500
-
total
-
-
-
-
Corporate
31 273
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%.

1 564
3 175
-
-
total
1 564
3 175
-
-
Dividends
29 709
60 325
-
-
social contributions
4 100
8 324
-
-
withholding
4 457
9 049
-
-
health
2 074
4 210
-
-
total
10 631
21 583
-
-
Income
63 500
63 500
63 500
63 500
Total tax
24 267
24 758
25 763
22 721
After tax
39 233
38 742
37 737
40 779
Living cost
20 155
20 155
20 155
20 155
Free-cash
19 078
18 587
17 582
20 624

Estimated living cost  is ₽20155 per week

₽13488
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1243
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.
₽4958
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽899
-₽10508
₽966
₽2635
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
63 500
unemployment
-
-
-
5 830
surtax
-
-
-
188
pensions
-
-
-
11 748
health
-
-
-
4 857
income
-
-
-
6 165
chamber of commerce
-
-
-
254
total
-
-
-
29 042
Employee
47 501
37 879
49 162
-
other
474
379
492
-
income
5 408
2 794
5 884
-
pensions
4 865
3 878
5 034
-
unemployment
1 425
1 136
1 475
-
health
1 838
1 466
1 903
-
total
14 010
9 653
14 788
-
Employer
47 501
37 879
49 162
-
chamber of commerce
189
152
197
-
surtax
188
188
188
-
accident
617
492
639
-
payroll
1 425
1 136
1 475
-
unemployment
1 425
1 136
1 475
-
health
1 795
1 432
1 858
-
pensions
5 961
4 755
6 171
-
other
2 256
1 798
2 336
-
total
13 856
11 089
14 339
-
Corporate
3 607
14 532
45 555
-
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.

902
3 633
11 389
-
total
902
3 633
11 389
-
Dividends
1 240
10 899
-
-
withholding
341
2 998
-
-
total
341
2 998
-
-
Income
63 500
63 500
63 500
63 500
Total tax
29 109
27 373
40 516
29 042
After tax
34 391
36 127
22 984
34 458
Living cost
33 492
33 492
33 492
33 492
Free-cash
899
2 635
-10 508
966

Estimated living cost  is ₽33492 per week

₽22338
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2857
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽550
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7747
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽24280
-₽8012
-₽1864
₽1072
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
national
-
-
-
19 189
communal

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

-
-
-
3 317
social contributions
-
-
-
8 202
total
-
-
-
30 708
Employee

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

67 989
-
49 182
-
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.

5 099
-
3 689
-
communal

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

3 546
-
2 565
-
national
20 903
-
13 545
-
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.

592
-
427
-
health

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

3 194
-
2 312
-
total
33 334
-
22 538
-
Employer

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

67 989
-
49 182
-
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.

884
-
640
-
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.

992
-
718
-
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.

4 181
-
3 025
-
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.

6 024
-
4 358
-
surtax
7 709
-
5 577
-
total
19 790
-
14 318
-
Corporate
-
63 500
-
-
surtax
-
254
-
-
income
-
12 700
-
-
total
-
12 954
-
-
Dividends
-
50 546
-
-
withholding

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

-
14 818
-
-
total
-
14 818
-
-
Income
63 500
63 500
63 500
63 500
Total tax
53 124
27 772
36 856
30 708
After tax
10 376
35 728
26 644
32 792
Living cost
34 656
34 656
34 656
34 656
Free-cash
-24 280
1 072
-8 012
-1 864

Estimated living cost  is ₽34656 per week

₽22323
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3030
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽543
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8761
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽760
₽545
₽98
₽8530
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
63 500
unemployment
-
-
-
444
accident
-
-
-
572
pensions
-
-
-
17 971
income
-
-
-
10 026
other
-
-
-
63
total
-
-
-
29 076
Employee
47 313
-
48 150
-
other
47
-
49
-
income
9 983
-
10 219
-
pensions
2 224
-
2 264
-
unemployment
734
-
747
-
total
12 988
-
13 279
-
Employer
47 313
-
48 150
-
accident
936
-
954
-
unemployment
2 603
-
2 648
-
pensions
11 165
-
11 364
-
other
377
-
384
-
total
15 081
-
15 350
-
Corporate
1 106
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.

166
9 526
-
-
total
166
9 526
-
-
Dividends
940
53 974
-
-
withholding
179
11 118
-
-
total
179
11 118
-
-
Income
63 500
63 500
63 500
63 500
Total tax
28 414
20 644
28 629
29 076
After tax
35 086
42 856
34 871
34 424
Living cost
34 326
34 326
34 326
34 326
Free-cash
760
8 530
545
98

Estimated living cost  is ₽34326 per week

₽25278
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2435
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.
₽6118
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽17081
-₽9228
-₽10437
-₽12046
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
572
surtax
-
-
-
3 360
pensions
-
-
-
10 160
communal
-
-
-
-
health
-
-
-
4 762
income
-
-
-
3 429
total
-
-
-
22 283
Employee
71 980
-
56 720
-
income
6 953
-
3 759
-
pensions
5 758
-
4 538
-
surtax
4 412
-
3 476
-
health
3 203
-
2 523
-
total
20 326
-
14 296
-
Employer
71 980
-
56 720
-
accident
648
-
510
-
health
2 195
-
1 730
-
pensions
5 758
-
4 538
-
total
8 601
-
6 778
-
Corporate
-
63 500
-
-
surtax
-
667
-
-
communal
-
4 286
-
-
income
-
9 526
-
-
total
-
14 479
-
-
Dividends
-
49 021
-
-
income
-
2 059
-
-
withholding
-
7 354
-
-
total
-
9 413
-
-
Income
63 500
63 500
63 500
63 500
Total tax
28 927
23 892
21 074
22 283
After tax
34 573
39 608
42 426
41 217
Living cost
51 654
51 654
51 654
51 654
Free-cash
-17 081
-12 046
-9 228
-10 437

Estimated living cost  is ₽51654 per week

₽38748
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3129
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽547
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9228
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽15567
₽12404
₽13794
₽18592
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
63 500
unemployment
-
-
-
216
surtax
-
-
-
817
pensions
-
-
-
12 700
health
-
-
-
4 509
income
-
-
-
10 115
other
-
-
-
-
total
-
-
-
28 357
Employee
32 009
-
52 456
-
other
-
-
-
-
income
5 366
-
9 504
-
pensions
2 136
-
3 499
-
surtax
114
-
712
-
unemployment
2 228
-
3 651
-
health
817
-
1 337
-
total
10 661
-
18 703
-
Employer
32 009
-
52 456
-
unemployment
1 016
-
1 663
-
health
1 456
-
2 388
-
pensions
4 268
-
6 993
-
other
-
-
-
-
total
6 740
-
11 044
-
Corporate
24 752
63 500
-
-
income
6 436
16 510
-
-
total
6 436
16 510
-
-
Dividends
18 316
46 990
-
-
withholding
2 747
7 049
-
-
total
2 747
7 049
-
-
Income
63 500
63 500
63 500
63 500
Total tax
26 584
23 559
29 747
28 357
After tax
36 916
39 941
33 753
35 143
Living cost
21 349
21 349
21 349
21 349
Free-cash
15 567
18 592
12 404
13 794

Estimated living cost  is ₽21349 per week

₽12890
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1856
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽496
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6109
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽5661
₽5012
₽8577
₽7773
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
national
-
-
-
11 652
regional
-
-
-
957
municipal
-
-
-
377
social contributions
-
-
-
16 333
total
-
-
-
29 319
Employee
52 725
-
63 500
-
regional
710
-
854
-
national
8 353
-
10 281
-
social contributions
17 779
-
21 412
-
municipal
280
-
337
-
total
27 122
-
32 884
-
Employer
52 725
-
63 500
-
total
-
-
-
-
Corporate
10 775
63 500
-
-
nationa
2 587
15 240
-
-
municipal
536
3 157
-
-
total
3 123
18 397
-
-
Dividends
7 652
45 104
-
-
withholding
1 990
11 726
-
-
total
1 990
11 726
-
-
Income
63 500
63 500
63 500
63 500
Total tax
32 235
30 123
32 884
29 319
After tax
31 265
33 377
30 616
34 181
Living cost
25 604
25 604
25 604
25 604
Free-cash
5 661
7 773
5 012
8 577

Estimated living cost  is ₽25604 per week

₽15923
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.
₽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.
₽6649
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽4407
₽3248
₽1952
₽14744
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 572
solidarity contribution
-
-
-
-
income
-
-
-
5 458
social contributions
-
-
-
18 542
total
-
-
-
32 572
Employee
42 611
-
47 388
-
solidarity contribution
-
-
-
-
income
5 113
-
5 687
-
social contributions
2 770
-
3 080
-
health
5 752
-
6 397
-
total
13 635
-
15 164
-
Employer
42 611
-
47 388
-
social contributions
10 653
-
11 847
-
health
3 835
-
4 265
-
total
14 488
-
16 112
-
Corporate
6 401
63 500
-
-
income
1 216
12 065
-
-
total
1 216
12 065
-
-
Dividends
5 185
51 435
-
-
withholding
778
7 715
-
-
total
778
7 715
-
-
Income
63 500
63 500
63 500
63 500
Total tax
30 117
19 780
31 276
32 572
After tax
33 383
43 720
32 224
30 928
Living cost
28 976
28 976
28 976
28 976
Free-cash
4 407
14 744
3 248
1 952

Estimated living cost  is ₽28976 per week

₽21548
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1605
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽501
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5321
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽5436
-₽7294
₽4322
₽5906
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
63 500
unemployment
-
-
-
5 830
surtax
-
-
-
-
pensions
-
-
-
11 748
health
-
-
-
4 857
income
-
-
-
6 165
chamber of commerce
-
-
-
254
total
-
-
-
28 854
Employee
41 549
37 879
49 312
-
other
415
379
492
-
income
3 701
2 794
5 927
-
pensions
4 255
3 878
5 049
-
unemployment
1 246
1 136
1 479
-
health
1 607
1 466
1 908
-
total
11 224
9 653
14 855
-
Employer
41 549
37 879
49 312
-
chamber of commerce
166
152
197
-
surtax
-
-
-
-
accident
539
492
640
-
payroll
1 246
1 136
1 479
-
unemployment
1 246
1 136
1 479
-
health
1 571
1 432
1 863
-
pensions
5 215
4 755
6 189
-
other
1 973
1 798
2 341
-
total
11 956
10 901
14 188
-
Corporate
9 994
14 720
45 704
-
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.

2 498
3 680
11 427
-
total
2 498
3 680
11 427
-
Dividends
7 496
11 040
-
-
withholding
2 062
3 036
-
-
total
2 062
3 036
-
-
Income
63 500
63 500
63 500
63 500
Total tax
27 740
27 270
40 470
28 854
After tax
35 760
36 230
23 030
34 646
Living cost
30 324
30 324
30 324
30 324
Free-cash
5 436
5 906
-7 294
4 322

Estimated living cost  is ₽30324 per week

₽18191
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3097
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽541
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8496
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽44831
₽37753
₽49818
₽47278
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
16 309
-
63 500
-
income
3 262
-
12 700
-
total
3 262
-
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%.

47 191
63 500
-
-
total
-
-
-
-
Dividends
47 191
63 500
-
-
withholding
2 360
3 175
-
-
total
2 360
3 175
-
-
Income
63 500
63 500
63 500
63 500
Total tax
5 622
3 175
12 700
635
After tax
57 878
60 325
50 800
62 865
Living cost
13 047
13 047
13 047
13 047
Free-cash
44 831
47 278
37 753
49 818

Estimated living cost  is ₽13047 per week

₽8829
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽548
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.
₽3232
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽10277
₽6925
₽8743
₽18226
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

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

-
-
-
63 500
unemployment
-
-
-
96
pensions
-
-
-
11 596
health
-
-
-
6 248
income
-
-
-
11 323
total
-
-
-
29 263
Employee

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

42 031
-
54 947
-
income
7 248
-
10 385
-
pensions
6 515
-
8 517
-
unemployment
60
-
78
-
health
2 715
-
3 548
-
total
16 538
-
22 528
-
Employer

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

42 031
-
54 947
-
unemployment
25
-
32
-
health
2 799
-
3 658
-
pensions
3 719
-
4 863
-
total
6 543
-
8 553
-
Corporate
14 925
63 500
-
-
income
2 835
12 065
-
-
total
2 835
12 065
-
-
Dividends
12 089
51 435
-
-
withholding
1 813
7 715
-
-
total
1 813
7 715
-
-
Income
63 500
63 500
63 500
63 500
Total tax
27 729
19 780
31 081
29 263
After tax
35 771
43 720
32 419
34 237
Living cost
25 494
25 494
25 494
25 494
Free-cash
10 277
18 226
6 925
8 743

Estimated living cost  is ₽25494 per week

₽17496
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1634
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.
₽5871
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽90483
₽5354
-₽676
-₽5927
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
12 377
social contributions
-
-
-
7 239
total
-
-
-
19 616
Employee
63 893
-
-
-
income
14 094
-
-
-
social contributions
5 239
-
747
-
total
19 333
-
747
-
Employer
63 893
-
-
-
social contributions
90 090
-
12 839
-
total
90 090
-
12 839
-
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
109 423
24 867
13 586
19 616
After tax
-45 923
38 633
49 914
43 884
Living cost
44 560
44 560
44 560
44 560
Free-cash
-90 483
-5 927
5 354
-676

Estimated living cost  is ₽44560 per week

₽28913
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4191
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽568
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10889
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽5347
₽4385
₽6483
₽6305
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
surtax
-
-
-
-
income
-
-
-
5 136
social contributions

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

-
-
-
22 067
total
-
-
-
27 203
Employee
43 715
-
51 312
-
income
9 093
-
11 471
-
surtax
-
-
-
-
social contributions
4 809
-
5 644
-
total
13 902
-
17 115
-
Employer
43 715
-
51 312
-
social contributions
10 382
-
12 186
-
total
10 382
-
12 186
-
Corporate
9 402
63 500
-
-
surtax
-
-
-
-
income
1 975
13 335
-
-
total
1 975
13 335
-
-
Dividends
7 427
50 165
-
-
withholding
2 080
14 046
-
-
total
2 080
14 046
-
-
Income
63 500
63 500
63 500
63 500
Total tax
28 339
27 381
29 301
27 203
After tax
35 161
36 119
34 199
36 297
Living cost
29 814
29 814
29 814
29 814
Free-cash
5 347
6 305
4 385
6 483

Estimated living cost  is ₽29814 per week

₽22307
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1759
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽498
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5251
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽14625
-₽7702
-₽8053
-₽13902
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
surtax
-
-
-
-
pensions
-
-
-
18 034
health
-
-
-
548
income
-
-
-
3 286
social contributions
-
-
-
1 809
other
-
-
-
1 968
total
-
-
-
25 645
Employee
59 531
-
48 386
-
income
5 194
-
3 332
-
pensions
6 733
-
5 473
-
surtax
-
-
-
-
social contributions
1 696
-
1 380
-
total
13 623
-
10 185
-
Employer
59 531
-
48 386
-
unemployment
2 412
-
1 959
-
social contributions
179
-
144
-
health
4 167
-
3 387
-
pensions
9 782
-
7 951
-
other
2 054
-
1 668
-
total
18 594
-
15 109
-
Corporate
-
63 500
-
-
surtax
-
-
-
-
income
-
17 779
-
-
total
-
17 779
-
-
Dividends
-
45 721
-
-
surtax
-
-
-
-
social contributions
-
7 864
-
-
withholding
-
5 851
-
-
total
-
13 715
-
-
Income
63 500
63 500
63 500
63 500
Total tax
32 217
31 494
25 294
25 645
After tax
31 283
32 006
38 206
37 855
Living cost
45 908
45 908
45 908
45 908
Free-cash
-14 625
-13 902
-7 702
-8 053

Estimated living cost  is ₽45908 per week

₽31069
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3755
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽630
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10453
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽25385
₽22427
₽20647
₽28580
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
63 500
income
-
-
-
312
social contributions
-
-
-
13 970
total
-
-
-
14 282
Employee
30 557
-
54 977
-
income
-
-
406
-
social contributions
1 986
-
3 573
-
total
1 986
-
3 979
-
Employer
30 557
-
54 977
-
social contributions
4 737
-
8 523
-
total
4 737
-
8 523
-
Corporate
28 206
63 500
-
-
income
2 821
6 349
-
-
total
2 821
6 349
-
-
Dividends
25 385
57 151
-
-
total
-
-
-
-
Income
63 500
63 500
63 500
63 500
Total tax
9 544
6 349
12 502
14 282
After tax
53 956
57 151
50 998
49 218
Living cost
28 571
28 571
28 571
28 571
Free-cash
25 385
28 580
22 427
20 647

Estimated living cost  is ₽28571 per week

₽18474
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2154
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽538
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7406
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽143196
-₽143196
-₽5050
-₽143196
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
national
-
-
-
6 256
pensions
-
-
-
822
municipal
-
-
-
10 769
labour market
-
-
-
5 014
total
-
-
-
22 861
Employee
192 841
192 841
192 841
-
labour market
15 405
15 405
15 405
-
pensions
274
274
274
-
national
23 559
23 559
23 559
-
municipal
41 064
41 064
41 064
-
total
80 302
80 302
80 302
-
Employer
192 841
192 841
192 841
-
labour market
15 427
15 427
15 427
-
national
23 600
23 600
23 600
-
municipal
41 130
41 130
41 130
-
pensions
548
548
548
-
total
80 705
80 705
80 705
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
63 500
63 500
63 500
63 500
Total tax
161 007
161 007
161 007
22 861
After tax
-97 507
-97 507
-97 507
40 639
Living cost
45 689
45 689
45 689
45 689
Free-cash
-143 196
-143 196
-143 196
-5 050

Estimated living cost  is ₽45689 per week

₽31270
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4042
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽703
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9674
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽2040
₽12503
₽23537
-₽15092
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
236
pensions
-
-
-
3 884
health
-
-
-
2 036
income
-
-
-
13 226
other
-
-
-
346
total
-
-
-
19 728
Employee
31 832
-
52 749
-
income
4 367
-
8 033
-
pensions
3 584
-
5 939
-
health
3 645
-
6 040
-
total
11 596
-
20 012
-
Employer
31 832
-
52 749
-
accident
532
-
881
-
unemployment
780
-
1 292
-
pensions
5 176
-
8 577
-
total
6 488
-
10 750
-
Corporate
25 181
63 500
-
-
income

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

22 663
57 150
-
-
total
22 663
57 150
-
-
Dividends
2 518
6 350
-
-
withholding
478
1 207
-
-
total
478
1 207
-
-
Income
63 500
63 500
63 500
63 500
Total tax
41 225
58 357
30 762
19 728
After tax
22 275
5 143
32 738
43 772
Living cost
20 235
20 235
20 235
20 235
Free-cash
2 040
-15 092
12 503
23 537

Estimated living cost  is ₽20235 per week

₽14729
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1154
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽380
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3973
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽2807
₽2228
₽11510
₽7069
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
national
-
-
-
3 591
health
-
-
-
581
municipal
-
-
-
11 326
total
-
-
-
15 498
Employee
50 007
-
53 419
-
pensions
3 375
-
3 606
-
national
826
-
1 120
-
unemployment
750
-
801
-
municipal
8 191
-
8 746
-
health
373
-
426
-
total
13 515
-
14 699
-
Employer
50 007
-
53 419
-
accident
51
-
54
-
unemployment
325
-
348
-
health
384
-
411
-
pensions
8 676
-
9 268
-
total
9 436
-
10 081
-
Corporate
4 057
63 500
-
-
income
812
12 700
-
-
total
812
12 700
-
-
Dividends

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

2 434
38 100
-
-
national
-
381
-
-
municipal
438
6 858
-
-
total
438
7 239
-
-
Income
63 500
63 500
63 500
63 500
Total tax
24 201
19 939
24 780
15 498
After tax
39 299
43 561
38 720
48 002
Living cost
36 492
36 492
36 492
36 492
Free-cash
2 807
7 069
2 228
11 510

Estimated living cost  is ₽36492 per week

₽23836
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3510
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽581
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8566
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽19485
₽22650
₽26533
₽19999
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 620
income
-
-
-
3 434
social contributions
-
-
-
9 906
total
-
-
-
14 960
Employee
73 088
73 088
73 088
-
income
7 958
6 766
7 228
-
social contributions
2 763
6 066
4 785
-
health
566
1 243
979
-
total
11 287
14 075
12 992
-
Employer
73 088
73 088
73 088
-
social contributions
2 763
6 066
4 785
-
health
615
1 353
1 066
-
total
3 378
7 419
5 851
-
Corporate
26 827
-
-
-
income
3 353
-
-
-
total
3 353
-
-
-
Dividends
23 474
-
-
-
withholding
3 990
-
-
-
total
3 990
-
-
-
Income
63 500
63 500
63 500
63 500
Total tax
22 008
21 494
18 843
14 960
After tax
41 492
42 006
44 657
48 540
Living cost
22 007
22 007
22 007
22 007
Free-cash
19 485
19 999
22 650
26 533

Estimated living cost  is ₽22007 per week

₽13189
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2159
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽487
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6172
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽32658
₽24183
₽33293
₽37495
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

  • up to €9,000.00, 60% of the average monthly wage in Montenegro
  • up to €15,000.00, 100% of the average monthly wage in Montenegro
  • in excess of €15,000, 150% of the average monthly wage in Montenegro
-
-
-
63 500
unemployment
-
-
-
27
pensions
-
-
-
6 046
health
-
-
-
3 440
income
-
-
-
5 603
total
-
-
-
15 116
Employee

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

21 817
-
57 571
-
income
1 492
-
4 477
-
pensions
3 272
-
8 636
-
unemployment
108
-
289
-
health
1 854
-
4 894
-
total
6 726
-
18 296
-
Employer

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

21 817
-
57 571
-
unemployment
108
-
289
-
health
938
-
2 475
-
pensions
1 199
-
3 166
-
total
2 245
-
5 930
-
Corporate
39 437
63 500
-
-
income
3 550
5 714
-
-
total
3 550
5 714
-
-
Dividends
35 887
57 786
-
-
withholding
3 230
5 200
-
-
total
3 230
5 200
-
-
Income
63 500
63 500
63 500
63 500
Total tax
15 751
10 914
24 226
15 116
After tax
47 749
52 586
39 274
48 384
Living cost
15 091
15 091
15 091
15 091
Free-cash
32 658
37 495
24 183
33 293

Estimated living cost  is ₽15091 per week

₽9628
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1088
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.
₽3925
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽11735
₽8734
₽8287
₽16719
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
63 500
unemployment
-
-
-
444
accident
-
-
-
572
pensions
-
-
-
17 971
income
-
-
-
10 026
other
-
-
-
63
total
-
-
-
29 076
Employee
35 145
-
48 150
-
other
34
-
49
-
income
6 776
-
10 219
-
pensions
1 652
-
2 264
-
unemployment
545
-
747
-
total
9 007
-
13 279
-
Employer
35 145
-
48 150
-
accident
696
-
954
-
unemployment
1 934
-
2 648
-
pensions
8 294
-
11 364
-
other
281
-
384
-
total
11 205
-
15 350
-
Corporate
17 150
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.

2 572
9 526
-
-
total
2 572
9 526
-
-
Dividends
14 578
53 974
-
-
withholding
2 844
11 118
-
-
total
2 844
11 118
-
-
Income
63 500
63 500
63 500
63 500
Total tax
25 628
20 644
28 629
29 076
After tax
37 872
42 856
34 871
34 424
Living cost
26 137
26 137
26 137
26 137
Free-cash
11 735
16 719
8 734
8 287

Estimated living cost  is ₽26137 per week

₽17642
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2513
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.
₽5525
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽37722
₽38566
₽38683
₽37991
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
63 500
pensions
-
-
-
1 191
health
-
-
-
864
income
-
-
-
21 129
total
-
-
-
23 184
Employee
2 487
-
62 160
-
income
481
-
21 067
-
pensions
224
-
536
-
unemployment
25
-
60
-
health
124
-
298
-
total
854
-
21 961
-
Employer
2 487
-
62 160
-
unemployment
50
-
119
-
health
236
-
566
-
pensions
274
-
655
-
total
560
-
1 340
-
Corporate
60 453
63 500
-
-
income
13 300
13 970
-
-
total
13 300
13 970
-
-
Dividends
47 153
49 530
-
-
withholding
9 431
9 906
-
-
total
9 431
9 906
-
-
Income
63 500
63 500
63 500
63 500
Total tax
24 145
23 876
23 301
23 184
After tax
39 355
39 624
40 199
40 316
Living cost
1 633
1 633
1 633
1 633
Free-cash
37 722
37 991
38 566
38 683

Estimated living cost  is ₽1633 per week

₽970
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽132
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽37
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽493
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽24805
₽17387
₽14763
₽29474
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

-
-
-
63 500
unemployment
-
-
-
952
pensions
-
-
-
16 510
health
-
-
-
6 540
income
-
-
-
8 330
total
-
-
-
32 332
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.

24 738
-
53 859
-
income
3 410
-
9 349
-
pensions
3 463
-
7 540
-
unemployment
186
-
404
-
health
1 274
-
2 774
-
total
8 333
-
20 067
-
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.

24 738
-
53 859
-
unemployment
186
-
404
-
health
1 274
-
2 774
-
pensions
2 969
-
6 463
-
total
4 429
-
9 641
-
Corporate
34 334
63 500
-
-
income
5 150
9 525
-
-
total
5 150
9 525
-
-
Dividends
29 184
53 975
-
-
withholding
4 378
8 096
-
-
total
4 378
8 096
-
-
Income
63 500
63 500
63 500
63 500
Total tax
22 290
17 621
29 708
32 332
After tax
41 210
45 879
33 792
31 168
Living cost
16 405
16 405
16 405
16 405
Free-cash
24 805
29 474
17 387
14 763

Estimated living cost  is ₽16405 per week

₽11046
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.
₽3616
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽10152
₽8574
₽10672
₽10494
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
surtax
-
-
-
-
income
-
-
-
5 136
social contributions

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

-
-
-
22 067
total
-
-
-
27 203
Employee
36 891
-
51 312
-
income
7 208
-
11 471
-
surtax
-
-
-
-
social contributions
4 058
-
5 644
-
total
11 266
-
17 115
-
Employer
36 891
-
51 312
-
social contributions
8 761
-
12 186
-
total
8 761
-
12 186
-
Corporate
17 848
63 500
-
-
surtax
-
-
-
-
income
3 748
13 335
-
-
total
3 748
13 335
-
-
Dividends
14 100
50 165
-
-
withholding
3 948
14 046
-
-
total
3 948
14 046
-
-
Income
63 500
63 500
63 500
63 500
Total tax
27 723
27 381
29 301
27 203
After tax
35 777
36 119
34 199
36 297
Living cost
25 625
25 625
25 625
25 625
Free-cash
10 152
10 494
8 574
10 672

Estimated living cost  is ₽25625 per week

₽18149
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1780
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽455
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5242
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽2037
₽1466
₽1019
₽9451
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
63 500
unemployment
-
-
-
444
accident
-
-
-
572
pensions
-
-
-
17 971
income
-
-
-
10 026
other
-
-
-
63
total
-
-
-
29 076
Employee
45 904
-
48 150
-
other
45
-
49
-
income
9 588
-
10 219
-
pensions
2 157
-
2 264
-
unemployment
711
-
747
-
total
12 501
-
13 279
-
Employer
45 904
-
48 150
-
accident
909
-
954
-
unemployment
2 525
-
2 648
-
pensions
10 833
-
11 364
-
other
368
-
384
-
total
14 635
-
15 350
-
Corporate
2 960
63 500
-
-
income

The general rate of corporate tax is 25%. The lower rate of 15% is introduced for newly formed companies which applies during the first two years of operation in which taxable profit is made. We use the lower rate in our model.

444
9 526
-
-
total
444
9 526
-
-
Dividends
2 516
53 974
-
-
withholding
478
11 118
-
-
total
478
11 118
-
-
Income
63 500
63 500
63 500
63 500
Total tax
28 058
20 644
28 629
29 076
After tax
35 442
42 856
34 871
34 424
Living cost
33 405
33 405
33 405
33 405
Free-cash
2 037
9 451
1 466
1 019

Estimated living cost  is ₽33405 per week

₽23990
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2597
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽471
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6347
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽31430
₽29252
₽27941
₽37410
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
63 500
unemployment
-
-
-
137
pensions

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

-
-
-
5 073
health
-
-
-
3 942
income
-
-
-
9 525
total
-
-
-
18 677
Employee
22 354
-
56 775
-
income
2 236
-
5 677
-
pensions

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

1 962
-
3 010
-
accident

We are using the highest rate at 1.1%.

246
-
377
-
health
1 028
-
1 577
-
total
5 472
-
10 641
-
Employer
22 354
-
56 775
-
accident

We are using the highest rate at 1.1%.

246
-
377
-
unemployment
134
-
206
-
health
1 543
-
2 365
-
pensions

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

2 463
-
3 777
-
total
4 386
-
6 725
-
Corporate
36 760
63 500
-
-
income
3 676
6 350
-
-
total
3 676
6 350
-
-
Dividends
33 084
57 150
-
-
withholding
1 654
2 858
-
-
total
1 654
2 858
-
-
Income
63 500
63 500
63 500
63 500
Total tax
15 188
9 208
17 366
18 677
After tax
48 312
54 292
46 134
44 823
Living cost
16 882
16 882
16 882
16 882
Free-cash
31 430
37 410
29 252
27 941

Estimated living cost  is ₽16882 per week

₽11166
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽966
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽403
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4348
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽8591
₽11157
₽8386
-₽3845
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
478
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.

-
-
-
6 493
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.

-
-
-
8 676
trade
-
-
-
2 771
total
-
-
-
18 418
Employee

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

47 293
-
63 500
-
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.

3 889
-
8 676
-
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.

215
-
478
-
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.

6 493
-
6 493
-
total
10 597
-
15 647
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
16 207
63 500
-
-
surtax

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

133
523
-
-
chamber of commerce
168
238
-
-
income
2 431
9 526
-
-
trade
2 325
9 112
-
-
total
5 057
19 399
-
-
Dividends
11 149
44 101
-
-
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
586
-
-
withholding
2 426
10 664
-
-
total
2 559
11 250
-
-
Income
63 500
63 500
63 500
63 500
Total tax
18 213
30 649
15 647
18 418
After tax
45 287
32 851
47 853
45 082
Living cost
36 696
36 696
36 696
36 696
Free-cash
8 591
-3 845
11 157
8 386

Estimated living cost  is ₽36696 per week

₽25314
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3948
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽532
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6901
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽10850
-₽5350
-₽5350
-₽9695
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
9 724
social contributions
-
-
-
4 982
total
-
-
-
14 706
Employee
74 350
-
63 500
-
income
14 029
-
9 724
-
social contributions
6 177
-
4 982
-
total
20 206
-
14 706
-
Employer
74 350
-
63 500
-
total
-
-
-
-
Corporate
-
63 500
-
-
income
-
7 938
-
-
total
-
7 938
-
-
Dividends
-
55 562
-
-
withholding
-
11 113
-
-
total
-
11 113
-
-
Income
63 500
63 500
63 500
63 500
Total tax
20 206
19 051
14 706
14 706
After tax
43 294
44 449
48 794
48 794
Living cost
54 144
54 144
54 144
54 144
Free-cash
-10 850
-9 695
-5 350
-5 350

Estimated living cost  is ₽54144 per week

₽41192
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4412
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽518
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8023
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽7256
₽11642
-₽4089
₽1749
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We use The Residence Programme or The Global Residence Programme.

-
-
-
63 500
health

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

-
-
-
6 030
income
-
-
-
27 056
total
-
-
-
33 086
Employee
43 603
-
59 128
-
income
4 731
-
8 611
-
social contributions
4 369
-
4 372
-
total
9 100
-
12 983
-
Employer
43 603
-
59 128
-
social contributions
4 369
-
4 372
-
total
4 369
-
4 372
-
Corporate
15 528
63 500
-
-
income
5 435
22 226
-
-
total
5 435
22 226
-
-
Dividends
10 094
41 274
-
-
social contributions
2 837
5 022
-
-
total
2 837
5 022
-
-
Income
63 500
63 500
63 500
63 500
Total tax
21 741
27 248
17 355
33 086
After tax
41 759
36 252
46 145
30 414
Living cost
34 503
34 503
34 503
34 503
Free-cash
7 256
1 749
11 642
-4 089

Estimated living cost  is ₽34503 per week

₽22727
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2720
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.
₽8526
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽6331
₽5024
₽11709
₽11770
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
63 500
pensions
-
-
-
4 106
income
-
-
-
11 878
total
-
-
-
15 984
Employee
49 150
-
56 456
-
income
8 951
-
10 207
-
pensions
3 751
-
4 628
-
health
641
-
790
-
total
13 343
-
15 625
-
Employer
49 150
-
56 456
-
health
934
-
1 072
-
pensions
4 966
-
5 972
-
total
5 900
-
7 044
-
Corporate
8 450
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.

1 605
12 065
-
-
total
1 605
12 065
-
-
Dividends
6 845
51 435
-
-
withholding
514
3 858
-
-
total
514
3 858
-
-
Income
63 500
63 500
63 500
63 500
Total tax
21 362
15 923
22 669
15 984
After tax
42 138
47 577
40 831
47 516
Living cost
35 807
35 807
35 807
35 807
Free-cash
6 331
11 770
5 024
11 709

Estimated living cost  is ₽35807 per week

₽24563
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3293
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽448
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7501
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽1733
₽10499
₽21533
-₽17096
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
236
pensions
-
-
-
3 884
health
-
-
-
2 036
income
-
-
-
13 226
other
-
-
-
346
total
-
-
-
19 728
Employee
34 983
-
52 749
-
income
4 799
-
8 033
-
pensions
3 939
-
5 939
-
health
4 005
-
6 040
-
total
12 743
-
20 012
-
Employer
34 983
-
52 749
-
accident
584
-
881
-
unemployment
857
-
1 292
-
pensions
5 688
-
8 577
-
total
7 129
-
10 750
-
Corporate
21 388
63 500
-
-
income

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

19 250
57 150
-
-
total
19 250
57 150
-
-
Dividends
2 139
6 350
-
-
withholding
406
1 207
-
-
total
406
1 207
-
-
Income
63 500
63 500
63 500
63 500
Total tax
39 528
58 357
30 762
19 728
After tax
23 972
5 143
32 738
43 772
Living cost
22 239
22 239
22 239
22 239
Free-cash
1 733
-17 096
10 499
21 533

Estimated living cost  is ₽22239 per week

₽16321
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1296
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽448
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4174
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽36513
₽24300
₽24300
₽41135
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

Sole-trader should pay social contributions from a minimum of 50% of an average salary to a maximum of twelve average salaries. The minimum personal income for the first year should be at least 50% of an average salary.

-
-
-
63 500
unemployment
-
-
-
762
pensions
-
-
-
11 684
income
-
-
-
8 898
health insurance
-
-
-
4 699
work injury
-
-
-
317
total
-
-
-
26 360
Employee

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

20 544
-
63 500
-
income
2 054
-
8 898
-
pensions
3 780
-
11 684
-
health insurance
1 520
-
4 699
-
unemployment
247
-
762
-
work injury
103
-
317
-
total
7 704
-
26 360
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
42 956
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
42 956
63 500
-
-
withholding
6 443
9 525
-
-
total
6 443
9 525
-
-
Income
63 500
63 500
63 500
63 500
Total tax
14 147
9 525
26 360
26 360
After tax
49 353
53 975
37 140
37 140
Living cost
12 840
12 840
12 840
12 840
Free-cash
36 513
41 135
24 300
24 300

Estimated living cost  is ₽12840 per week

₽7955
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽933
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽401
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3552
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽16594
-₽7316
-₽3790
-₽4417
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
national
-
-
-
11 652
regional
-
-
-
1 016
municipal
-
-
-
424
social contributions
-
-
-
16 333
total
-
-
-
29 425
Employee
80 095
-
63 500
-
regional
1 209
-
879
-
national
13 535
-
10 281
-
social contributions
27 007
-
21 412
-
municipal
478
-
379
-
total
42 229
-
32 951
-
Employer
80 095
-
63 500
-
total
-
-
-
-
Corporate
-
63 500
-
-
nationa
-
15 240
-
-
municipal
-
3 061
-
-
total
-
18 301
-
-
Dividends
-
45 199
-
-
withholding
-
11 751
-
-
total
-
11 751
-
-
Income
63 500
63 500
63 500
63 500
Total tax
42 229
30 052
32 951
29 425
After tax
21 271
33 448
30 549
34 075
Living cost
37 865
37 865
37 865
37 865
Free-cash
-16 594
-4 417
-7 316
-3 790

Estimated living cost  is ₽37865 per week

₽26598
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2605
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽572
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8090
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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