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
₽1441
₽12681
₽14870
₽17431
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
63 500
trade
-
-
-
2 561
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.

-
-
-
7 917
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.

-
-
-
6 941
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.

-
-
-
436
total
-
-
-
17 855
Employee

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

38 861
-
63 500
-
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

6 941
-
6 941
-
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.

60
-
436
-
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.

1 086
-
7 917
-
total
8 087
-
15 294
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
24 639
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.

202
524
-
-
income
3 696
9 525
-
-
trade
3 881
10 001
-
-
chamber of commerce
189
245
-
-
total
7 968
20 295
-
-
Dividends
16 670
43 205
-
-
surtax

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

208
573
-
-
withholding
3 781
10 416
-
-
total
3 989
10 989
-
-
Income
63 500
63 500
63 500
63 500
Total tax
20 044
31 284
15 294
17 855
After tax
43 456
32 216
48 206
45 645
Living cost
30 775
30 775
30 775
30 775
Free-cash
12 681
1 441
17 431
14 870

Estimated living cost  is ₽30775 per week

₽19358
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3588
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.
₽7254
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽11644
-₽23186
-₽11736
-₽11238
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
63 500
municipal
-
-
-
6 144
pensions
-
-
-
7 620
national
-
-
-
9 521
social contributions
-
-
-
683
total
-
-
-
23 968
Employee
79 474
-
54 895
-
municipal
9 816
-
6 390
-
pensions
3 179
-
2 196
-
national
15 211
-
9 902
-
total
28 206
-
18 488
-
Employer
79 474
-
54 895
-
social contributions
854
-
590
-
pensions
6 358
-
4 392
-
total
7 212
-
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
35 418
23 876
23 470
23 968
After tax
28 082
39 624
40 030
39 532
Living cost
51 268
51 268
51 268
51 268
Free-cash
-23 186
-11 644
-11 238
-11 736

Estimated living cost  is ₽51268 per week

₽34846
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4766
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽767
Clothing and shoes. We estimate one pair of shoes and 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

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
₽29661
₽21329
₽29638
₽15090
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
microenterprise
-
-
-
9 525
income
-
-
-
-
surtax
-
-
-
-
social contributions

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

-
-
-
3 199
total
-
-
-
12 724
Employee
29 689
-
51 172
-
social contributions

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

3 266
-
5 628
-
surtax
-
-
-
-
income
5 285
-
9 318
-
total
8 551
-
14 946
-
Employer
29 689
-
51 172
-
social contributions

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

7 151
-
12 326
-
surtax
-
-
-
-
total
7 151
-
12 326
-
Corporate
26 659
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%.

5 331
12 701
-
-
total
5 331
12 701
-
-
Dividends

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

21 328
50 799
-
-
total
-
-
-
-
Income
63 500
63 500
63 500
63 500
Total tax
21 033
12 701
27 272
12 724
After tax
42 467
50 799
36 228
50 776
Living cost
21 138
21 138
21 138
21 138
Free-cash
21 329
29 661
15 090
29 638

Estimated living cost  is ₽21138 per week

₽13485
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2013
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽480
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5160
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽31691
-₽37395
-₽6305
-₽37395
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
63 500
income
-
-
-
6 065
pensions
-
-
-
11 430
health
-
-
-
9 747
total
-
-
-
27 242
Employee
86 765
86 765
86 765
-
health
13 318
11 328
13 318
-
income

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

14 202
14 202
14 202
-
pensions
15 618
11 904
15 618
-
total
43 138
37 434
43 138
-
Employer
86 765
86 765
86 765
-
unemployment
3 124
3 124
3 124
-
pensions
6 039
6 039
6 039
-
health
6 031
6 031
6 031
-
total
15 194
15 194
15 194
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
63 500
63 500
63 500
63 500
Total tax
58 332
52 628
58 332
27 242
After tax
5 168
10 872
5 168
36 258
Living cost
42 563
42 563
42 563
42 563
Free-cash
-37 395
-31 691
-37 395
-6 305

Estimated living cost  is ₽42563 per week

₽30164
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3837
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽677
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7886
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽4482
-₽9819
-₽7499
-₽5244
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
63 500
municipal
-
-
-
13 450
accident
-
-
-
127
pensions
-
-
-
6 864
other
-
-
-
7 379
unemployment
-
-
-
64
health
-
-
-
3 962
national
-
-
-
-
total
-
-
-
31 846
Employee
55 789
-
48 318
-
municipal
16 636
-
14 408
-
national
-
-
-
-
total
16 636
-
14 408
-
Employer
55 789
-
48 318
-
accident
112
-
97
-
other
6 483
-
5 615
-
unemployment
1 473
-
1 276
-
pensions
6 031
-
5 223
-
health
3 431
-
2 972
-
total
17 530
-
15 183
-
Corporate
-
63 500
-
-
income
-
13 970
-
-
total
-
13 970
-
-
Dividends
-
49 530
-
-
withholding
-
14 859
-
-
total
-
14 859
-
-
Income
63 500
63 500
63 500
63 500
Total tax
34 166
28 829
29 591
31 846
After tax
29 334
34 671
33 909
31 654
Living cost
39 153
39 153
39 153
39 153
Free-cash
-9 819
-4 482
-5 244
-7 499

Estimated living cost  is ₽39153 per week

₽25949
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3842
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽595
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8767
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽8026
₽6250
₽5618
₽8292
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
63 500
trade
-
-
-
2 674
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.

-
-
-
7 917
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.

-
-
-
6 941
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.

-
-
-
436
total
-
-
-
17 968
Employee

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

51 525
-
63 500
-
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

6 941
-
6 941
-
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.

243
-
436
-
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.

4 427
-
7 917
-
total
11 611
-
15 294
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
11 975
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.

98
524
-
-
income
1 797
9 525
-
-
trade
1 971
10 447
-
-
chamber of commerce
172
245
-
-
total
4 038
20 741
-
-
Dividends
7 937
42 759
-
-
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.

89
567
-
-
withholding
1 598
10 304
-
-
total
1 687
10 871
-
-
Income
63 500
63 500
63 500
63 500
Total tax
17 336
31 612
15 294
17 968
After tax
46 164
31 888
48 206
45 532
Living cost
39 914
39 914
39 914
39 914
Free-cash
6 250
-8 026
8 292
5 618

Estimated living cost  is ₽39914 per week

₽26695
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4209
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽596
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8414
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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
₽7571
₽9534
₽16143
₽11082
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 875
health
-
-
-
1 620
social contributions
-
-
-
9 907
total
-
-
-
14 402
Employee
78 128
78 128
78 128
-
social contributions
3 796
6 484
4 786
-
health
777
1 328
979
-
income
8 204
7 232
7 846
-
total
12 777
15 044
13 611
-
Employer
78 128
78 128
78 128
-
social contributions
3 796
6 484
4 786
-
health
846
1 446
1 066
-
total
4 642
7 930
5 852
-
Corporate
13 124
-
-
-
income
1 641
-
-
-
total
1 641
-
-
-
Dividends
11 483
-
-
-
withholding
1 951
-
-
-
total
1 951
-
-
-
Income
63 500
63 500
63 500
63 500
Total tax
21 011
22 974
19 463
14 402
After tax
42 489
40 526
44 037
49 098
Living cost
32 955
32 955
32 955
32 955
Free-cash
9 534
7 571
11 082
16 143

Estimated living cost  is ₽32955 per week

₽22528
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2574
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽553
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7300
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽17507
₽17889
₽25585
₽18407
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
7 763
pensions
-
-
-
6 350
unemployment
-
-
-
953
health
-
-
-
4 445
total
-
-
-
19 511
Employee

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

The minimum wage is 138,000 HUF per month.

26 567
10 573
53 138
-
health
1 860
740
3 720
-
income
3 248
1 293
6 496
-
pensions
2 657
1 057
5 314
-
unemployment
399
159
797
-
total
8 164
3 249
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.

26 567
10 573
53 138
-
pensions
5 181
2 062
10 362
-
total
5 181
2 062
10 362
-
Corporate
31 753
50 865
-
-
income
2 858
4 578
-
-
total
2 858
4 578
-
-
Dividends
28 895
46 287
-
-
social contributions
5 514
8 905
-
-
withholding
5 490
8 795
-
-
total
11 004
17 700
-
-
Income
63 500
63 500
63 500
63 500
Total tax
27 207
27 589
26 689
19 511
After tax
36 293
35 911
36 811
43 989
Living cost
18 404
18 404
18 404
18 404
Free-cash
17 889
17 507
18 407
25 585

Estimated living cost  is ₽18404 per week

₽12559
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1506
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽368
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3971
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽26258
₽19948
₽10168
₽12373
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
7 838
pensions
-
-
-
12 699
health
-
-
-
8 254
total
-
-
-
28 791
Employee
28 823
-
47 458
-
income
3 245
-
8 835
-
pensions
577
-
949
-
unemployment
461
-
760
-
total
4 283
-
10 544
-
Employer
28 823
-
47 458
-
unemployment
231
-
380
-
pensions
5 765
-
9 492
-
health
3 746
-
6 170
-
total
9 742
-
16 042
-
Corporate
24 934
63 500
-
-
income
4 986
12 701
-
-
total
4 986
12 701
-
-
Dividends
19 948
50 799
-
-
total
-
-
-
-
Income
63 500
63 500
63 500
63 500
Total tax
19 011
12 701
26 586
28 791
After tax
44 489
50 799
36 914
34 709
Living cost
24 541
24 541
24 541
24 541
Free-cash
19 948
26 258
12 373
10 168

Estimated living cost  is ₽24541 per week

₽16833
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1462
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.
₽5754
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Tallinn model

Close
Gdansk , Poland
-₽17049
₽1740
₽21627
₽10948
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
255
income
-
-
-
12 654
pensions
-
-
-
4 197
other
-
-
-
374
health
-
-
-
2 200
total
-
-
-
19 680
Employee
34 910
-
52 749
-
health
3 997
-
6 040
-
income
4 789
-
7 629
-
pensions
3 931
-
5 940
-
total
12 717
-
19 609
-
Employer
34 910
-
52 749
-
accident
583
-
881
-
unemployment
855
-
1 292
-
pensions
5 677
-
8 577
-
total
7 115
-
10 750
-
Corporate
21 475
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.

19 327
57 150
-
-
total
19 327
57 150
-
-
Dividends
2 148
6 350
-
-
withholding
408
1 206
-
-
total
408
1 206
-
-
Income
63 500
63 500
63 500
63 500
Total tax
39 567
58 356
30 359
19 680
After tax
23 933
5 144
33 141
43 820
Living cost
22 193
22 193
22 193
22 193
Free-cash
1 740
-17 049
10 948
21 627

Estimated living cost  is ₽22193 per week

₽16265
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1230
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽463
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4235
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Gdansk model

Close
Batumi , Georgia
₽51064
₽49328
₽53604
₽41539
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
11 576
-
63 500
-
income
2 315
-
12 700
-
total
2 315
-
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%.

51 924
63 500
-
-
total
-
-
-
-
Dividends
51 924
63 500
-
-
withholding
2 596
3 175
-
-
total
2 596
3 175
-
-
Income
63 500
63 500
63 500
63 500
Total tax
4 911
3 175
12 700
635
After tax
58 589
60 325
50 800
62 865
Living cost
9 261
9 261
9 261
9 261
Free-cash
49 328
51 064
41 539
53 604

Estimated living cost  is ₽9261 per week

₽5739
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽770
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽255
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2497
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽19581
₽12719
₽7312
₽10149
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
63 500
income
-
-
-
8 065
pensions

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

-
-
-
15 240
other
-
-
-
3 016
health
-
-
-
2 794
total
-
-
-
29 115
Employee
36 891
-
50 718
-
health
517
-
710
-
income
6 351
-
8 731
-
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.

2 582
-
3 550
-
unemployment
368
-
507
-
total
9 818
-
13 498
-
Employer
36 891
-
50 718
-
accident
295
-
405
-
other
1 845
-
2 535
-
unemployment
368
-
507
-
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.

6 272
-
8 623
-
health
517
-
710
-
total
9 297
-
12 780
-
Corporate
17 311
63 500
-
-
income
3 635
13 335
-
-
total
3 635
13 335
-
-
Dividends
13 677
50 165
-
-
withholding
958
3 511
-
-
total
958
3 511
-
-
Income
63 500
63 500
63 500
63 500
Total tax
23 708
16 846
26 278
29 115
After tax
39 792
46 654
37 222
34 385
Living cost
27 073
27 073
27 073
27 073
Free-cash
12 719
19 581
10 149
7 312

Estimated living cost  is ₽27073 per week

₽19129
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1828
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽436
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5680
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽20831
-₽46554
-₽20816
-₽27393
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
63 500
income
-
-
-
11 899
pensions
-
-
-
4 008
total
-
-
-
15 907
Employee
96 788
-
56 550
-
health
1 595
-
770
-
income
17 447
-
10 254
-
pensions
9 337
-
4 510
-
total
28 379
-
15 534
-
Employer
96 788
-
56 550
-
pensions
11 428
-
5 875
-
health
1 838
-
1 075
-
total
13 266
-
6 950
-
Corporate
-
63 500
-
-
income

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

-
12 065
-
-
total
-
12 065
-
-
Dividends
-
51 435
-
-
withholding
-
3 857
-
-
total
-
3 857
-
-
Income
63 500
63 500
63 500
63 500
Total tax
41 645
15 922
22 484
15 907
After tax
21 855
47 578
41 016
47 593
Living cost
68 409
68 409
68 409
68 409
Free-cash
-46 554
-20 831
-27 393
-20 816

Estimated living cost  is ₽68409 per week

₽51260
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽8038
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.
₽8556
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽40971
₽36252
₽31176
₽32422
S + D Salary + Dividends

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

Dividends

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

Salary

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

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

-
-
-
5 253
unemployment
-
-
-
142
health
-
-
-
4 082
total
-
-
-
19 002
Employee
17 641
-
56 537
-
health
811
-
1 633
-
accident

We are using the highest rate at 1.1%.

194
-
390
-
income
1 764
-
5 654
-
pensions

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

1 549
-
3 116
-
total
4 318
-
10 793
-
Employer
17 641
-
56 537
-
accident

We are using the highest rate at 1.1%.

194
-
390
-
unemployment
105
-
213
-
pensions

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

1 944
-
3 911
-
health
1 218
-
2 449
-
total
3 461
-
6 963
-
Corporate
42 398
63 500
-
-
income
4 239
6 350
-
-
total
4 239
6 350
-
-
Dividends
38 159
57 150
-
-
withholding
1 908
2 857
-
-
total
1 908
2 857
-
-
Income
63 500
63 500
63 500
63 500
Total tax
13 926
9 207
17 756
19 002
After tax
49 574
54 293
45 744
44 498
Living cost
13 322
13 322
13 322
13 322
Free-cash
36 252
40 971
32 422
31 176

Estimated living cost  is ₽13322 per week

₽7778
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽951
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽353
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4240
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽45469
-₽47193
-₽20083
-₽51173
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
63 500
income
-
-
-
6 065
pensions
-
-
-
11 430
health
-
-
-
9 747
total
-
-
-
27 242
Employee
94 199
86 765
86 765
-
health
11 752
11 328
13 318
-
income

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

14 202
14 202
14 202
-
pensions
11 904
11 904
15 618
-
total
37 858
37 434
43 138
-
Employer
94 199
86 765
86 765
-
unemployment
3 392
3 124
3 124
-
pensions
6 556
6 039
6 039
-
health
6 546
6 031
6 031
-
total
16 494
15 194
15 194
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
63 500
63 500
63 500
63 500
Total tax
54 352
52 628
58 332
27 242
After tax
9 148
10 872
5 168
36 258
Living cost
56 341
56 341
56 341
56 341
Free-cash
-47 193
-45 469
-51 173
-20 083

Estimated living cost  is ₽56341 per week

₽41561
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽5032
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽646
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9103
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽19446
₽10786
₽6653
₽7950
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
5 458
health
-
-
-
8 573
solidarity contribution
-
-
-
-
social contributions
-
-
-
18 542
total
-
-
-
32 573
Employee
35 697
-
47 388
-
social contributions
2 320
-
3 080
-
health
4 819
-
6 397
-
solidarity contribution
-
-
-
-
income
4 284
-
5 687
-
total
11 423
-
15 164
-
Employer
35 697
-
47 388
-
social contributions
8 924
-
11 847
-
health
3 213
-
4 265
-
total
12 137
-
16 112
-
Corporate
15 666
63 500
-
-
income
2 977
12 065
-
-
total
2 977
12 065
-
-
Dividends
12 690
51 435
-
-
withholding
1 903
7 715
-
-
total
1 903
7 715
-
-
Income
63 500
63 500
63 500
63 500
Total tax
28 440
19 780
31 276
32 573
After tax
35 060
43 720
32 224
30 927
Living cost
24 274
24 274
24 274
24 274
Free-cash
10 786
19 446
7 950
6 653

Estimated living cost  is ₽24274 per week

₽16861
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1727
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5209
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽8993
-₽26799
-₽8307
-₽11893
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
63 500
municipal
-
-
-
378
regional
-
-
-
645
national
-
-
-
11 578
social contributions
-
-
-
16 333
total
-
-
-
28 934
Employee
90 299
-
63 500
-
social contributions
30 449
-
21 412
-
regional
852
-
564
-
municipal
478
-
337
-
national
15 647
-
10 207
-
total
47 426
-
32 520
-
Employer
90 299
-
63 500
-
total
-
-
-
-
Corporate
-
63 500
-
-
nationa
-
15 240
-
-
municipal
-
2 476
-
-
total
-
17 716
-
-
Dividends
-
45 784
-
-
withholding
-
11 904
-
-
total
-
11 904
-
-
Income
63 500
63 500
63 500
63 500
Total tax
47 426
29 620
32 520
28 934
After tax
16 074
33 880
30 980
34 566
Living cost
42 873
42 873
42 873
42 873
Free-cash
-26 799
-8 993
-11 893
-8 307

Estimated living cost  is ₽42873 per week

₽29886
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2811
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽657
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9517
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽17520
₽14360
₽13040
₽11659
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
9 887
pensions
-
-
-
12 701
other
-
-
-
-
unemployment
-
-
-
231
health
-
-
-
4 508
surtax
-
-
-
713
total
-
-
-
28 040
Employee
33 600
-
52 458
-
other
-
-
-
-
health
858
-
1 338
-
surtax
110
-
609
-
income
5 632
-
9 280
-
pensions
2 240
-
3 500
-
unemployment
2 339
-
3 652
-
total
11 179
-
18 379
-
Employer
33 600
-
52 458
-
other
-
-
-
-
unemployment
1 064
-
1 662
-
pensions
4 479
-
6 993
-
health
1 529
-
2 387
-
total
7 072
-
11 042
-
Corporate
22 828
63 500
-
-
income
5 935
16 511
-
-
total
5 935
16 511
-
-
Dividends
16 893
46 989
-
-
withholding
2 534
7 049
-
-
total
2 534
7 049
-
-
Income
63 500
63 500
63 500
63 500
Total tax
26 720
23 560
29 421
28 040
After tax
36 780
39 940
34 079
35 460
Living cost
22 420
22 420
22 420
22 420
Free-cash
14 360
17 520
11 659
13 040

Estimated living cost  is ₽22420 per week

₽13709
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2069
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽517
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6126
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽843
-₽9619
₽858
-₽5719
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
63 500
income
-
-
-
11 899
pensions
-
-
-
4 008
total
-
-
-
15 907
Employee
64 865
-
56 550
-
health
942
-
770
-
income
11 682
-
10 254
-
pensions
5 506
-
4 510
-
total
18 130
-
15 534
-
Employer
64 865
-
56 550
-
pensions
7 022
-
5 875
-
health
1 232
-
1 075
-
total
8 254
-
6 950
-
Corporate
-
63 500
-
-
income

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

-
12 065
-
-
total
-
12 065
-
-
Dividends
-
51 435
-
-
withholding
-
3 857
-
-
total
-
3 857
-
-
Income
63 500
63 500
63 500
63 500
Total tax
26 384
15 922
22 484
15 907
After tax
37 116
47 578
41 016
47 593
Living cost
46 735
46 735
46 735
46 735
Free-cash
-9 619
843
-5 719
858

Estimated living cost  is ₽46735 per week

₽35014
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3503
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽489
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7729
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽48577
-₽35982
-₽23877
-₽27116
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
city
-
-
-
668
pensions
-
-
-
5 843
other

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

-
-
-
1 270
regional
-
-
-
1 519
health
-
-
-
253
national
-
-
-
209
total
-
-
-
9 762
Employee
90 829
-
56 836
-
city
975
-
610
-
regional
2 974
-
1 278
-
health
205
-
128
-
pensions
7 631
-
4 774
-
unemployment
-
-
-
-
national
430
-
173
-
total
12 215
-
6 963
-
Employer
90 829
-
56 836
-
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.

1 816
-
1 136
-
unemployment
-
-
-
-
pensions
7 631
-
4 774
-
health
205
-
128
-
total
9 652
-
6 038
-
Corporate
-
63 500
-
-
regional
-
13 430
-
-
national
-
5 398
-
-
total
-
18 828
-
-
Dividends
-
44 672
-
-
withholding
-
15 634
-
-
total
-
15 634
-
-
Income
63 500
63 500
63 500
63 500
Total tax
21 867
34 462
13 001
9 762
After tax
41 633
29 038
50 499
53 738
Living cost
77 615
77 615
77 615
77 615
Free-cash
-35 982
-48 577
-27 116
-23 877

Estimated living cost  is ₽77615 per week

₽50472
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6965
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽953
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽19225
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽14982
₽1478
-₽1127
₽1661
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
63 500
trade
-
-
-
2 788
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.

-
-
-
7 917
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.

-
-
-
6 941
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.

-
-
-
436
total
-
-
-
18 082
Employee

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

61 062
-
63 500
-
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

6 941
-
6 941
-
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.

395
-
436
-
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.

7 180
-
7 917
-
total
14 516
-
15 294
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
2 438
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.

19
524
-
-
income
366
9 525
-
-
trade
418
10 890
-
-
chamber of commerce
158
243
-
-
total
961
21 182
-
-
Dividends
1 476
42 318
-
-
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.

-
561
-
-
withholding
-
10 194
-
-
total
-
10 755
-
-
Income
63 500
63 500
63 500
63 500
Total tax
15 477
31 937
15 294
18 082
After tax
48 023
31 563
48 206
45 418
Living cost
46 545
46 545
46 545
46 545
Free-cash
1 478
-14 982
1 661
-1 127

Estimated living cost  is ₽46545 per week

₽33995
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3723
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽605
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8223
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽2758
₽3242
₽3174
₽3613
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
63 500
income
-
-
-
3 098
pensions
-
-
-
18 136
other
-
-
-
1 969
health
-
-
-
550
surtax
-
-
-
-
social contributions
-
-
-
1 811
total
-
-
-
25 564
Employee
43 485
-
48 387
-
social contributions
1 240
-
1 379
-
surtax
-
-
-
-
income
2 566
-
3 158
-
pensions
4 917
-
5 474
-
total
8 723
-
10 011
-
Employer
43 485
-
48 387
-
other
1 500
-
1 670
-
social contributions
131
-
145
-
unemployment
1 760
-
1 959
-
pensions
7 144
-
7 952
-
health
3 045
-
3 388
-
total
13 580
-
15 114
-
Corporate
6 435
63 500
-
-
surtax
-
-
-
-
income
1 803
17 779
-
-
total
1 803
17 779
-
-
Dividends
4 633
45 721
-
-
surtax
-
-
-
-
social contributions
796
7 865
-
-
withholding
594
5 852
-
-
total
1 390
13 717
-
-
Income
63 500
63 500
63 500
63 500
Total tax
25 496
31 496
25 125
25 564
After tax
38 004
32 004
38 375
37 936
Living cost
34 762
34 762
34 762
34 762
Free-cash
3 242
-2 758
3 613
3 174

Estimated living cost  is ₽34762 per week

₽21919
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2827
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽592
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9427
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽686
₽6332
₽6618
₽7057
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
63 500
income
-
-
-
3 098
pensions
-
-
-
18 136
other
-
-
-
1 969
health
-
-
-
550
surtax
-
-
-
-
social contributions
-
-
-
1 811
total
-
-
-
25 564
Employee
38 816
-
48 387
-
social contributions
1 107
-
1 379
-
surtax
-
-
-
-
income
2 001
-
3 158
-
pensions
4 390
-
5 474
-
total
7 498
-
10 011
-
Employer
38 816
-
48 387
-
other
1 340
-
1 670
-
social contributions
116
-
145
-
unemployment
1 571
-
1 959
-
pensions
6 378
-
7 952
-
health
2 717
-
3 388
-
total
12 122
-
15 114
-
Corporate
12 562
63 500
-
-
surtax
-
-
-
-
income
3 517
17 779
-
-
total
3 517
17 779
-
-
Dividends
9 045
45 721
-
-
surtax
-
-
-
-
social contributions
1 556
7 865
-
-
withholding
1 157
5 852
-
-
total
2 713
13 717
-
-
Income
63 500
63 500
63 500
63 500
Total tax
25 850
31 496
25 125
25 564
After tax
37 650
32 004
38 375
37 936
Living cost
31 318
31 318
31 318
31 318
Free-cash
6 332
686
7 057
6 618

Estimated living cost  is ₽31318 per week

₽18163
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3181
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽594
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9380
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽17193
₽17724
₽19234
₽16330
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
9 525
health
-
-
-
4 433
social contributions
-
-
-
8 763
total
-
-
-
22 721
Employee
34 450
-
63 500
-
social contributions
4 755
-
8 763
-
health
2 404
-
4 433
-
income
5 746
-
12 429
-
total
12 905
-
25 625
-
Employer
34 450
-
63 500
-
total
-
-
-
-
Corporate
29 050
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%.

1 452
3 176
-
-
total
1 452
3 176
-
-
Dividends
27 598
60 324
-
-
health
1 926
4 211
-
-
social contributions
3 808
8 326
-
-
withholding
4 140
9 049
-
-
total
9 874
21 586
-
-
Income
63 500
63 500
63 500
63 500
Total tax
24 231
24 762
25 625
22 721
After tax
39 269
38 738
37 875
40 779
Living cost
21 545
21 545
21 545
21 545
Free-cash
17 724
17 193
16 330
19 234

Estimated living cost  is ₽21545 per week

₽14418
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1328
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.
₽5300
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽436
-₽3051
-₽1053
-₽12189
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
63 500
chamber of commerce
-
-
-
255
income
-
-
-
5 459
pensions
-
-
-
11 748
unemployment
-
-
-
6 232
health
-
-
-
4 857
surtax
-
-
-
201
total
-
-
-
28 752
Employee
50 777
40 491
49 153
-
other
507
405
492
-
health
1 965
1 568
1 903
-
income
5 781
2 987
5 314
-
pensions
5 200
4 145
5 032
-
unemployment
1 523
1 215
1 475
-
total
14 976
10 320
14 216
-
Employer
50 777
40 491
49 153
-
accident
659
526
638
-
other
2 412
1 922
2 335
-
chamber of commerce
202
162
197
-
unemployment
1 523
1 215
1 475
-
surtax
201
201
201
-
pensions
6 372
5 083
6 168
-
payroll
1 523
1 215
1 475
-
health
1 918
1 531
1 859
-
total
14 810
11 855
14 348
-
Corporate
3 856
11 155
45 297
-
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.

964
2 788
11 324
-
total
964
2 788
11 324
-
Dividends
-
8 367
-
-
withholding
-
2 300
-
-
total
-
2 300
-
-
Income
63 500
63 500
63 500
63 500
Total tax
30 750
27 263
39 888
28 752
After tax
32 750
36 237
23 612
34 748
Living cost
35 801
35 801
35 801
35 801
Free-cash
-3 051
436
-12 189
-1 053

Estimated living cost  is ₽35801 per week

₽23878
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3054
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽588
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8281
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽1295
-₽30334
-₽3689
-₽10124
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
18 956
communal

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

-
-
-
3 340
social contributions
-
-
-
7 847
total
-
-
-
30 143
Employee

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

72 678
-
49 186
-
communal

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

3 791
-
2 566
-
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.

3 415
-
2 312
-
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.

5 451
-
3 688
-
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.

632
-
428
-
national
22 344
-
13 270
-
total
35 633
-
22 264
-
Employer

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

72 678
-
49 186
-
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.

945
-
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.

1 060
-
717
-
surtax
8 241
-
5 576
-
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.

6 440
-
4 358
-
health

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

4 469
-
3 023
-
total
21 155
-
14 314
-
Corporate
-
63 500
-
-
surtax
-
255
-
-
income
-
12 701
-
-
total
-
12 956
-
-
Dividends
-
50 545
-
-
withholding

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

-
14 793
-
-
total
-
14 793
-
-
Income
63 500
63 500
63 500
63 500
Total tax
56 788
27 749
36 578
30 143
After tax
6 712
35 751
26 922
33 357
Living cost
37 046
37 046
37 046
37 046
Free-cash
-30 334
-1 295
-10 124
-3 689

Estimated living cost  is ₽37046 per week

₽23862
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3239
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽580
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9365
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽6178
-₽3197
-₽2041
-₽1589
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
63 500
accident
-
-
-
571
income
-
-
-
9 798
pensions
-
-
-
17 970
other
-
-
-
64
unemployment
-
-
-
445
total
-
-
-
28 848
Employee
50 576
-
48 148
-
other
50
-
48
-
income
10 671
-
9 991
-
pensions
2 377
-
2 264
-
unemployment
785
-
746
-
total
13 883
-
13 049
-
Employer
50 576
-
48 148
-
accident
1 001
-
952
-
other
403
-
386
-
unemployment
2 782
-
2 647
-
pensions
11 935
-
11 362
-
total
16 121
-
15 347
-
Corporate
-
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.

-
9 525
-
-
total
-
9 525
-
-
Dividends
-
53 975
-
-
withholding
-
11 104
-
-
total
-
11 104
-
-
Income
63 500
63 500
63 500
63 500
Total tax
30 004
20 629
28 396
28 848
After tax
33 496
42 871
35 104
34 652
Living cost
36 693
36 693
36 693
36 693
Free-cash
-3 197
6 178
-1 589
-2 041

Estimated living cost  is ₽36693 per week

₽27021
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2603
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.
₽6540
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽15488
-₽22637
-₽13631
-₽12393
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
63 500
accident
-
-
-
571
income
-
-
-
3 062
pensions
-
-
-
10 159
health
-
-
-
4 762
surtax
-
-
-
3 361
communal
-
-
-
-
total
-
-
-
21 915
Employee
76 944
-
56 721
-
health
3 424
-
2 526
-
surtax
4 716
-
3 476
-
income
7 432
-
3 359
-
pensions
6 155
-
4 537
-
total
21 727
-
13 898
-
Employer
76 944
-
56 721
-
accident
692
-
511
-
pensions
6 155
-
4 537
-
health
2 347
-
1 731
-
total
9 194
-
6 779
-
Corporate
-
63 500
-
-
surtax
-
667
-
-
communal
-
4 286
-
-
income
-
9 525
-
-
total
-
14 478
-
-
Dividends
-
49 022
-
-
income
-
1 940
-
-
withholding
-
7 354
-
-
total
-
9 294
-
-
Income
63 500
63 500
63 500
63 500
Total tax
30 921
23 772
20 677
21 915
After tax
32 579
39 728
42 823
41 585
Living cost
55 216
55 216
55 216
55 216
Free-cash
-22 637
-15 488
-12 393
-13 631

Estimated living cost  is ₽55216 per week

₽41420
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3345
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽584
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9864
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽17119
₽13890
₽12639
₽11258
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
9 887
pensions
-
-
-
12 701
other
-
-
-
-
unemployment
-
-
-
231
health
-
-
-
4 508
surtax
-
-
-
713
total
-
-
-
28 040
Employee
34 217
-
52 458
-
other
-
-
-
-
health
873
-
1 338
-
surtax
121
-
609
-
income
5 736
-
9 280
-
pensions
2 283
-
3 500
-
unemployment
2 381
-
3 652
-
total
11 394
-
18 379
-
Employer
34 217
-
52 458
-
other
-
-
-
-
unemployment
1 086
-
1 662
-
pensions
4 562
-
6 993
-
health
1 556
-
2 387
-
total
7 204
-
11 042
-
Corporate
22 080
63 500
-
-
income
5 740
16 511
-
-
total
5 740
16 511
-
-
Dividends
16 340
46 989
-
-
withholding
2 451
7 049
-
-
total
2 451
7 049
-
-
Income
63 500
63 500
63 500
63 500
Total tax
26 789
23 560
29 421
28 040
After tax
36 711
39 940
34 079
35 460
Living cost
22 821
22 821
22 821
22 821
Free-cash
13 890
17 119
11 258
12 639

Estimated living cost  is ₽22821 per week

₽13778
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1984
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽530
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6531
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Athens model

Close
Naples , Italy
₽6007
₽3750
₽6884
₽3319
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
63 500
municipal
-
-
-
378
regional
-
-
-
957
national
-
-
-
11 578
social contributions
-
-
-
16 333
total
-
-
-
29 246
Employee
56 361
-
63 500
-
social contributions
19 005
-
21 412
-
regional
759
-
855
-
municipal
299
-
337
-
national
8 929
-
10 207
-
total
28 992
-
32 811
-
Employer
56 361
-
63 500
-
total
-
-
-
-
Corporate
7 139
63 500
-
-
nationa
1 714
15 240
-
-
municipal
355
3 156
-
-
total
2 069
18 396
-
-
Dividends
5 070
45 104
-
-
withholding
1 319
11 727
-
-
total
1 319
11 727
-
-
Income
63 500
63 500
63 500
63 500
Total tax
32 380
30 123
32 811
29 246
After tax
31 120
33 377
30 689
34 254
Living cost
27 370
27 370
27 370
27 370
Free-cash
3 750
6 007
3 319
6 884

Estimated living cost  is ₽27370 per week

₽17021
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2773
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽469
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7107
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽13808
₽3137
₽1015
₽2312
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
5 458
health
-
-
-
8 573
solidarity contribution
-
-
-
-
social contributions
-
-
-
18 542
total
-
-
-
32 573
Employee
43 988
-
47 388
-
social contributions
2 859
-
3 080
-
health
5 938
-
6 397
-
solidarity contribution
-
-
-
-
income
5 278
-
5 687
-
total
14 075
-
15 164
-
Employer
43 988
-
47 388
-
social contributions
10 997
-
11 847
-
health
3 959
-
4 265
-
total
14 956
-
16 112
-
Corporate
4 557
63 500
-
-
income
866
12 065
-
-
total
866
12 065
-
-
Dividends
3 691
51 435
-
-
withholding
554
7 715
-
-
total
554
7 715
-
-
Income
63 500
63 500
63 500
63 500
Total tax
30 451
19 780
31 276
32 573
After tax
33 049
43 720
32 224
30 927
Living cost
29 912
29 912
29 912
29 912
Free-cash
3 137
13 808
2 312
1 015

Estimated living cost  is ₽29912 per week

₽22244
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1657
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽517
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5493
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽3930
₽3431
₽2534
-₽8760
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
63 500
chamber of commerce
-
-
-
255
income
-
-
-
5 459
pensions
-
-
-
11 748
unemployment
-
-
-
6 232
health
-
-
-
4 857
surtax
-
-
-
-
total
-
-
-
28 551
Employee
44 414
40 491
49 311
-
other
443
405
494
-
health
1 718
1 568
1 909
-
income
3 957
2 987
5 360
-
pensions
4 548
4 145
5 050
-
unemployment
1 332
1 215
1 479
-
total
11 998
10 320
14 292
-
Employer
44 414
40 491
49 311
-
accident
577
526
640
-
other
2 109
1 922
2 341
-
chamber of commerce
177
162
197
-
unemployment
1 332
1 215
1 479
-
surtax
-
-
-
-
pensions
5 574
5 083
6 189
-
payroll
1 332
1 215
1 479
-
health
1 679
1 531
1 864
-
total
12 780
11 654
14 189
-
Corporate
6 305
11 356
45 455
-
income

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

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

1 575
2 838
11 364
-
total
1 575
2 838
11 364
-
Dividends
4 729
8 518
-
-
withholding
1 301
2 343
-
-
total
1 301
2 343
-
-
Income
63 500
63 500
63 500
63 500
Total tax
27 654
27 155
39 845
28 551
After tax
35 846
36 345
23 655
34 949
Living cost
32 415
32 415
32 415
32 415
Free-cash
3 431
3 930
-8 760
2 534

Estimated living cost  is ₽32415 per week

₽19445
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3311
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽578
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9081
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽45893
₽43187
₽48433
₽36368
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
18 040
-
63 500
-
income
3 608
-
12 700
-
total
3 608
-
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%.

45 460
63 500
-
-
total
-
-
-
-
Dividends
45 460
63 500
-
-
withholding
2 273
3 175
-
-
total
2 273
3 175
-
-
Income
63 500
63 500
63 500
63 500
Total tax
5 881
3 175
12 700
635
After tax
57 619
60 325
50 800
62 865
Living cost
14 432
14 432
14 432
14 432
Free-cash
43 187
45 893
36 368
48 433

Estimated living cost  is ₽14432 per week

₽9766
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽606
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽484
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3575
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽16470
₽7969
₽7275
₽5453
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
11 036
pensions
-
-
-
11 596
unemployment
-
-
-
94
health
-
-
-
6 247
total
-
-
-
28 973
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.

44 929
-
54 947
-
health
2 902
-
3 548
-
income
7 748
-
10 099
-
pensions
6 964
-
8 517
-
unemployment
64
-
77
-
total
17 678
-
22 241
-
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.

44 929
-
54 947
-
unemployment
27
-
33
-
pensions
3 976
-
4 863
-
health
2 992
-
3 658
-
total
6 995
-
8 554
-
Corporate
11 575
63 500
-
-
income
2 200
12 064
-
-
total
2 200
12 064
-
-
Dividends
9 375
51 436
-
-
withholding
1 406
7 714
-
-
total
1 406
7 714
-
-
Income
63 500
63 500
63 500
63 500
Total tax
28 279
19 778
30 795
28 973
After tax
35 221
43 722
32 705
34 527
Living cost
27 252
27 252
27 252
27 252
Free-cash
7 969
16 470
5 453
7 275

Estimated living cost  is ₽27252 per week

₽18703
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1747
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.
₽6276
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽5267
-₽88202
-₽16
₽6215
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
62 947
-
-
-
social contributions
5 162
-
736
-
income
13 885
-
-
-
total
19 047
-
736
-
Employer
62 947
-
-
-
social contributions
88 755
-
12 649
-
total
88 755
-
12 649
-
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
107 802
24 867
13 385
19 616
After tax
-44 302
38 633
50 115
43 884
Living cost
43 900
43 900
43 900
43 900
Free-cash
-88 202
-5 267
6 215
-16

Estimated living cost  is ₽43900 per week

₽28484
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4129
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽559
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10728
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽4249
₽3225
₽4576
₽2651
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
4 989
surtax
-
-
-
-
social contributions

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

-
-
-
22 065
total
-
-
-
27 054
Employee
46 730
-
51 312
-
social contributions
5 140
-
5 644
-
surtax
-
-
-
-
income
9 720
-
11 149
-
total
14 860
-
16 793
-
Employer
46 730
-
51 312
-
social contributions
11 098
-
12 186
-
total
11 098
-
12 186
-
Corporate
5 672
63 500
-
-
surtax
-
-
-
-
income
1 192
13 335
-
-
total
1 192
13 335
-
-
Dividends
4 480
50 165
-
-
withholding
1 255
14 046
-
-
total
1 255
14 046
-
-
Income
63 500
63 500
63 500
63 500
Total tax
28 405
27 381
28 979
27 054
After tax
35 095
36 119
34 521
36 446
Living cost
31 870
31 870
31 870
31 870
Free-cash
3 225
4 249
2 651
4 576

Estimated living cost  is ₽31870 per week

₽23845
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1880
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.
₽5613
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽17069
-₽20010
-₽11137
-₽10698
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
63 500
income
-
-
-
3 098
pensions
-
-
-
18 136
other
-
-
-
1 969
health
-
-
-
550
surtax
-
-
-
-
social contributions
-
-
-
1 811
total
-
-
-
25 564
Employee
63 636
-
48 387
-
social contributions
1 812
-
1 379
-
surtax
-
-
-
-
income
5 552
-
3 158
-
pensions
7 198
-
5 474
-
total
14 562
-
10 011
-
Employer
63 636
-
48 387
-
other
2 196
-
1 670
-
social contributions
191
-
145
-
unemployment
2 578
-
1 959
-
pensions
10 456
-
7 952
-
health
4 454
-
3 388
-
total
19 875
-
15 114
-
Corporate
-
63 500
-
-
surtax
-
-
-
-
income
-
17 779
-
-
total
-
17 779
-
-
Dividends
-
45 721
-
-
surtax
-
-
-
-
social contributions
-
7 865
-
-
withholding
-
5 852
-
-
total
-
13 717
-
-
Income
63 500
63 500
63 500
63 500
Total tax
34 437
31 496
25 125
25 564
After tax
29 063
32 004
38 375
37 936
Living cost
49 073
49 073
49 073
49 073
Free-cash
-20 010
-17 069
-10 698
-11 137

Estimated living cost  is ₽49073 per week

₽33212
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4014
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽673
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11173
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽26609
₽23194
₽18827
₽20607
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
162
social contributions
-
-
-
13 969
total
-
-
-
14 131
Employee
32 665
-
54 978
-
income
-
-
256
-
social contributions
2 123
-
3 573
-
total
2 123
-
3 829
-
Employer
32 665
-
54 978
-
social contributions
5 063
-
8 522
-
total
5 063
-
8 522
-
Corporate
25 772
63 500
-
-
income
2 578
6 349
-
-
total
2 578
6 349
-
-
Dividends
23 194
57 151
-
-
total
-
-
-
-
Income
63 500
63 500
63 500
63 500
Total tax
9 764
6 349
12 351
14 131
After tax
53 736
57 151
51 149
49 369
Living cost
30 542
30 542
30 542
30 542
Free-cash
23 194
26 609
20 607
18 827

Estimated living cost  is ₽30542 per week

₽19748
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2302
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.
₽7917
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽157848
-₽157848
-₽8041
-₽157848
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
63 500
municipal
-
-
-
10 569
pensions
-
-
-
881
national
-
-
-
6 154
labour market
-
-
-
5 010
total
-
-
-
22 614
Employee
206 511
206 511
206 511
-
labour market
16 497
16 497
16 497
-
national
25 229
25 229
25 229
-
municipal
43 975
43 975
43 975
-
pensions
294
294
294
-
total
85 995
85 995
85 995
-
Employer
206 511
206 511
206 511
-
labour market
16 521
16 521
16 521
-
municipal
44 045
44 045
44 045
-
pensions
587
587
587
-
national
25 273
25 273
25 273
-
total
86 426
86 426
86 426
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
63 500
63 500
63 500
63 500
Total tax
172 421
172 421
172 421
22 614
After tax
-108 921
-108 921
-108 921
40 886
Living cost
48 927
48 927
48 927
48 927
Free-cash
-157 848
-157 848
-157 848
-8 041

Estimated living cost  is ₽48927 per week

₽33486
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4328
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽752
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10360
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽16721
₽1789
₽21955
₽11276
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
255
income
-
-
-
12 654
pensions
-
-
-
4 197
other
-
-
-
374
health
-
-
-
2 200
total
-
-
-
19 680
Employee
34 396
-
52 749
-
health
3 939
-
6 040
-
income
4 719
-
7 629
-
pensions
3 873
-
5 940
-
total
12 531
-
19 609
-
Employer
34 396
-
52 749
-
accident
574
-
881
-
unemployment
843
-
1 292
-
pensions
5 593
-
8 577
-
total
7 010
-
10 750
-
Corporate
22 094
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.

19 885
57 150
-
-
total
19 885
57 150
-
-
Dividends
2 209
6 350
-
-
withholding
420
1 206
-
-
total
420
1 206
-
-
Income
63 500
63 500
63 500
63 500
Total tax
39 846
58 356
30 359
19 680
After tax
23 654
5 144
33 141
43 820
Living cost
21 865
21 865
21 865
21 865
Free-cash
1 789
-16 721
11 276
21 955

Estimated living cost  is ₽21865 per week

₽15916
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1246
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽410
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4293
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽4682
-₽42
₽9512
-₽26
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

You can choose the amount to declare for pension contributions and choose a pension insurance company or a pension insurance fund you prefer to use; or you could opt out of pension contributions altogether. You can find more details on Finnish Centre for Pensions

-
-
-
63 500
municipal
-
-
-
11 330
health
-
-
-
553
national
-
-
-
3 097
total
-
-
-
14 980
Employee
53 456
-
53 420
-
health
399
-
399
-
municipal
8 756
-
8 750
-
pensions
3 608
-
3 606
-
unemployment
802
-
802
-
national
883
-
881
-
total
14 448
-
14 438
-
Employer
53 456
-
53 420
-
accident
54
-
54
-
unemployment
347
-
347
-
pensions
9 274
-
9 268
-
health
411
-
411
-
total
10 086
-
10 080
-
Corporate
-
63 500
-
-
income
-
12 701
-
-
total
-
12 701
-
-
Dividends

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

-
38 100
-
-
national
-
251
-
-
municipal
-
6 858
-
-
total
-
7 109
-
-
Income
63 500
63 500
63 500
63 500
Total tax
24 534
19 810
24 518
14 980
After tax
38 966
43 690
38 982
48 520
Living cost
39 008
39 008
39 008
39 008
Free-cash
-42
4 682
-26
9 512

Estimated living cost  is ₽39008 per week

₽25480
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3752
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽621
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9157
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽17002
₽17647
₽25574
₽20513
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 875
health
-
-
-
1 620
social contributions
-
-
-
9 907
total
-
-
-
14 402
Employee
78 128
78 128
78 128
-
social contributions
2 954
6 484
4 786
-
health
605
1 328
979
-
income
8 507
7 232
7 846
-
total
12 066
15 044
13 611
-
Employer
78 128
78 128
78 128
-
social contributions
2 954
6 484
4 786
-
health
657
1 446
1 066
-
total
3 611
7 930
5 852
-
Corporate
24 298
-
-
-
income
3 037
-
-
-
total
3 037
-
-
-
Dividends
21 262
-
-
-
withholding
3 615
-
-
-
total
3 615
-
-
-
Income
63 500
63 500
63 500
63 500
Total tax
22 329
22 974
19 463
14 402
After tax
41 171
40 526
44 037
49 098
Living cost
23 524
23 524
23 524
23 524
Free-cash
17 647
17 002
20 513
25 574

Estimated living cost  is ₽23524 per week

₽14098
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2308
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽521
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6598
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽36453
₽31282
₽31692
₽23168
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
5 507
pensions
-
-
-
6 463
unemployment
-
-
-
29
health
-
-
-
3 677
total
-
-
-
15 676
Employee

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

23 322
-
57 571
-
health
1 982
-
4 894
-
income
1 595
-
4 454
-
pensions
3 498
-
8 636
-
unemployment
116
-
287
-
total
7 191
-
18 271
-
Employer

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

23 322
-
57 571
-
unemployment
116
-
287
-
pensions
1 282
-
3 166
-
health
1 003
-
2 476
-
total
2 401
-
5 929
-
Corporate
37 778
63 500
-
-
income
3 399
5 715
-
-
total
3 399
5 715
-
-
Dividends
34 379
57 785
-
-
withholding
3 095
5 200
-
-
total
3 095
5 200
-
-
Income
63 500
63 500
63 500
63 500
Total tax
16 086
10 915
24 200
15 676
After tax
47 414
52 585
39 300
47 824
Living cost
16 132
16 132
16 132
16 132
Free-cash
31 282
36 453
23 168
31 692

Estimated living cost  is ₽16132 per week

₽10292
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1163
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽480
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4196
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽14931
₽9600
₽6712
₽7164
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
63 500
accident
-
-
-
571
income
-
-
-
9 798
pensions
-
-
-
17 970
other
-
-
-
64
unemployment
-
-
-
445
total
-
-
-
28 848
Employee
37 569
-
48 148
-
other
37
-
48
-
income
7 243
-
9 991
-
pensions
1 766
-
2 264
-
unemployment
582
-
746
-
total
9 628
-
13 049
-
Employer
37 569
-
48 148
-
accident
744
-
952
-
other
301
-
386
-
unemployment
2 067
-
2 647
-
pensions
8 866
-
11 362
-
total
11 978
-
15 347
-
Corporate
13 954
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.

2 094
9 525
-
-
total
2 094
9 525
-
-
Dividends
11 860
53 975
-
-
withholding
2 260
11 104
-
-
total
2 260
11 104
-
-
Income
63 500
63 500
63 500
63 500
Total tax
25 960
20 629
28 396
28 848
After tax
37 540
42 871
35 104
34 652
Living cost
27 940
27 940
27 940
27 940
Free-cash
9 600
14 931
7 164
6 712

Estimated living cost  is ₽27940 per week

₽18859
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2686
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽490
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5906
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽36843
₽36387
₽36860
₽36663
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
20 359
pensions
-
-
-
2 029
health
-
-
-
1 471
total
-
-
-
23 859
Employee
4 236
-
61 218
-
health
212
-
507
-
income
820
-
20 252
-
pensions
381
-
913
-
unemployment
42
-
101
-
total
1 455
-
21 773
-
Employer
4 236
-
61 218
-
unemployment
85
-
203
-
pensions
466
-
1 116
-
health
402
-
964
-
total
953
-
2 283
-
Corporate
58 310
63 500
-
-
income
12 828
13 970
-
-
total
12 828
13 970
-
-
Dividends
45 482
49 530
-
-
withholding
9 096
9 906
-
-
total
9 096
9 906
-
-
Income
63 500
63 500
63 500
63 500
Total tax
24 332
23 876
24 056
23 859
After tax
39 168
39 624
39 444
39 641
Living cost
2 781
2 781
2 781
2 781
Free-cash
36 387
36 843
36 663
36 860

Estimated living cost  is ₽2781 per week

₽1653
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽225
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽64
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽839
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28320
₽23322
₽13717
₽16449
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
8 222
pensions
-
-
-
16 510
unemployment
-
-
-
952
health
-
-
-
6 540
total
-
-
-
32 224
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.

26 477
-
53 859
-
health
1 364
-
2 774
-
income
3 650
-
9 133
-
pensions
3 707
-
7 540
-
unemployment
199
-
404
-
total
8 920
-
19 851
-
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.

26 477
-
53 859
-
unemployment
199
-
404
-
pensions
3 177
-
6 463
-
health
1 364
-
2 774
-
total
4 740
-
9 641
-
Corporate
32 284
63 500
-
-
income
4 843
9 525
-
-
total
4 843
9 525
-
-
Dividends
27 441
53 975
-
-
withholding
4 116
8 096
-
-
total
4 116
8 096
-
-
Income
63 500
63 500
63 500
63 500
Total tax
22 619
17 621
29 492
32 224
After tax
40 881
45 879
34 008
31 276
Living cost
17 559
17 559
17 559
17 559
Free-cash
23 322
28 320
16 449
13 717

Estimated living cost  is ₽17559 per week

₽11822
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1358
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽508
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3870
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽8727
₽8360
₽9054
₽7129
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
4 989
surtax
-
-
-
-
social contributions

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

-
-
-
22 065
total
-
-
-
27 054
Employee
39 435
-
51 312
-
social contributions
4 338
-
5 644
-
surtax
-
-
-
-
income
7 705
-
11 149
-
total
12 043
-
16 793
-
Employer
39 435
-
51 312
-
social contributions
9 365
-
12 186
-
total
9 365
-
12 186
-
Corporate
14 700
63 500
-
-
surtax
-
-
-
-
income
3 087
13 335
-
-
total
3 087
13 335
-
-
Dividends
11 614
50 165
-
-
withholding
3 253
14 046
-
-
total
3 253
14 046
-
-
Income
63 500
63 500
63 500
63 500
Total tax
27 748
27 381
28 979
27 054
After tax
35 752
36 119
34 521
36 446
Living cost
27 392
27 392
27 392
27 392
Free-cash
8 360
8 727
7 129
9 054

Estimated living cost  is ₽27392 per week

₽19401
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1903
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5603
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽7163
-₽1215
-₽1056
-₽604
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
63 500
accident
-
-
-
571
income
-
-
-
9 798
pensions
-
-
-
17 970
other
-
-
-
64
unemployment
-
-
-
445
total
-
-
-
28 848
Employee
49 070
-
48 148
-
other
48
-
48
-
income
10 249
-
9 991
-
pensions
2 306
-
2 264
-
unemployment
760
-
746
-
total
13 363
-
13 049
-
Employer
49 070
-
48 148
-
accident
972
-
952
-
other
393
-
386
-
unemployment
2 699
-
2 647
-
pensions
11 580
-
11 362
-
total
15 644
-
15 347
-
Corporate
-
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.

-
9 525
-
-
total
-
9 525
-
-
Dividends
-
53 975
-
-
withholding
-
11 104
-
-
total
-
11 104
-
-
Income
63 500
63 500
63 500
63 500
Total tax
29 007
20 629
28 396
28 848
After tax
34 493
42 871
35 104
34 652
Living cost
35 708
35 708
35 708
35 708
Free-cash
-1 215
7 163
-604
-1 056

Estimated living cost  is ₽35708 per week

₽25644
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2776
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽503
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6785
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽36814
₽30620
₽27019
₽28265
S + D Salary + Dividends

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

Dividends

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

Salary

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

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

-
-
-
5 253
unemployment
-
-
-
142
health
-
-
-
4 082
total
-
-
-
19 002
Employee
23 145
-
56 537
-
health
1 065
-
1 633
-
accident

We are using the highest rate at 1.1%.

254
-
390
-
income
2 315
-
5 654
-
pensions

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

2 032
-
3 116
-
total
5 666
-
10 793
-
Employer
23 145
-
56 537
-
accident

We are using the highest rate at 1.1%.

254
-
390
-
unemployment
139
-
213
-
pensions

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

2 551
-
3 911
-
health
1 597
-
2 449
-
total
4 541
-
6 963
-
Corporate
35 814
63 500
-
-
income
3 582
6 350
-
-
total
3 582
6 350
-
-
Dividends
32 232
57 150
-
-
withholding
1 612
2 857
-
-
total
1 612
2 857
-
-
Income
63 500
63 500
63 500
63 500
Total tax
15 401
9 207
17 756
19 002
After tax
48 099
54 293
45 744
44 498
Living cost
17 479
17 479
17 479
17 479
Free-cash
30 620
36 814
28 265
27 019

Estimated living cost  is ₽17479 per week

₽11561
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1001
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽417
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4502
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽6355
₽6936
₽6647
₽8980
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
63 500
trade
-
-
-
2 333
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.

-
-
-
7 917
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.

-
-
-
6 941
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.

-
-
-
436
total
-
-
-
17 627
Employee

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

50 554
-
63 500
-
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

6 941
-
6 941
-
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.

229
-
436
-
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.

4 157
-
7 917
-
total
11 327
-
15 294
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
12 946
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.

106
524
-
-
income
1 942
9 525
-
-
trade
1 857
9 112
-
-
chamber of commerce
174
247
-
-
total
4 079
19 408
-
-
Dividends
8 868
44 092
-
-
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.

100
584
-
-
withholding
1 832
10 637
-
-
total
1 932
11 221
-
-
Income
63 500
63 500
63 500
63 500
Total tax
17 338
30 629
15 294
17 627
After tax
46 162
32 871
48 206
45 873
Living cost
39 226
39 226
39 226
39 226
Free-cash
6 936
-6 355
8 980
6 647

Estimated living cost  is ₽39226 per week

₽27059
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4221
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽569
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽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

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
-₽13428
-₽15978
-₽8741
-₽8741
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
9 519
social contributions
-
-
-
4 844
total
-
-
-
14 363
Employee
79 477
-
63 500
-
income
14 997
-
9 519
-
social contributions
6 603
-
4 844
-
total
21 600
-
14 363
-
Employer
79 477
-
63 500
-
total
-
-
-
-
Corporate
-
63 500
-
-
income
-
7 938
-
-
total
-
7 938
-
-
Dividends
-
55 562
-
-
withholding
-
11 112
-
-
total
-
11 112
-
-
Income
63 500
63 500
63 500
63 500
Total tax
21 600
19 050
14 363
14 363
After tax
41 900
44 450
49 137
49 137
Living cost
57 878
57 878
57 878
57 878
Free-cash
-15 978
-13 428
-8 741
-8 741

Estimated living cost  is ₽57878 per week

₽44033
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4716
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽553
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8576
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽975
₽4911
-₽9116
₽9160
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We use The Residence Programme or The Global Residence Programme.

-
-
-
63 500
income
-
-
-
28 922
health

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

-
-
-
6 812
total
-
-
-
35 734
Employee
46 610
-
58 826
-
income
5 057
-
8 110
-
social contributions
4 670
-
4 674
-
total
9 727
-
12 784
-
Employer
46 610
-
58 826
-
social contributions
4 670
-
4 674
-
total
4 670
-
4 674
-
Corporate
12 220
63 500
-
-
income
4 277
22 225
-
-
total
4 277
22 225
-
-
Dividends
7 944
41 275
-
-
social contributions
3 033
5 368
-
-
total
3 033
5 368
-
-
Income
63 500
63 500
63 500
63 500
Total tax
21 707
27 593
17 458
35 734
After tax
41 793
35 907
46 042
27 766
Living cost
36 882
36 882
36 882
36 882
Free-cash
4 911
-975
9 160
-9 116

Estimated living cost  is ₽36882 per week

₽24294
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2908
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽565
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9114
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽9584
₽3813
₽9599
₽3022
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
63 500
income
-
-
-
11 899
pensions
-
-
-
4 008
total
-
-
-
15 907
Employee
52 152
-
56 550
-
health
680
-
770
-
income
9 497
-
10 254
-
pensions
3 981
-
4 510
-
total
14 158
-
15 534
-
Employer
52 152
-
56 550
-
pensions
5 269
-
5 875
-
health
991
-
1 075
-
total
6 260
-
6 950
-
Corporate
5 087
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.

966
12 065
-
-
total
966
12 065
-
-
Dividends
4 121
51 435
-
-
withholding
309
3 857
-
-
total
309
3 857
-
-
Income
63 500
63 500
63 500
63 500
Total tax
21 693
15 922
22 484
15 907
After tax
41 807
47 578
41 016
47 593
Living cost
37 994
37 994
37 994
37 994
Free-cash
3 813
9 584
3 022
9 599

Estimated living cost  is ₽37994 per week

₽26064
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3494
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.
₽7959
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽18886
₽1459
₽19790
₽9111
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
255
income
-
-
-
12 654
pensions
-
-
-
4 197
other
-
-
-
374
health
-
-
-
2 200
total
-
-
-
19 680
Employee
37 800
-
52 749
-
health
4 328
-
6 040
-
income
5 186
-
7 629
-
pensions
4 256
-
5 940
-
total
13 770
-
19 609
-
Employer
37 800
-
52 749
-
accident
631
-
881
-
unemployment
926
-
1 292
-
pensions
6 146
-
8 577
-
total
7 703
-
10 750
-
Corporate
17 996
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.

16 196
57 150
-
-
total
16 196
57 150
-
-
Dividends
1 800
6 350
-
-
withholding
342
1 206
-
-
total
342
1 206
-
-
Income
63 500
63 500
63 500
63 500
Total tax
38 011
58 356
30 359
19 680
After tax
25 489
5 144
33 141
43 820
Living cost
24 030
24 030
24 030
24 030
Free-cash
1 459
-18 886
9 111
19 790

Estimated living cost  is ₽24030 per week

₽17635
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1400
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽484
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4510
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽40280
₽35350
₽23614
₽23614
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
work injury
-
-
-
317
health insurance
-
-
-
4 699
income
-
-
-
8 729
pensions
-
-
-
11 684
unemployment
-
-
-
762
total
-
-
-
26 191
Employee

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

21 911
-
63 500
-
work injury
110
-
317
-
income
2 191
-
8 729
-
pensions
4 032
-
11 684
-
health insurance
1 621
-
4 699
-
unemployment
263
-
762
-
total
8 217
-
26 191
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
41 589
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
41 589
63 500
-
-
withholding
6 238
9 525
-
-
total
6 238
9 525
-
-
Income
63 500
63 500
63 500
63 500
Total tax
14 455
9 525
26 191
26 191
After tax
49 045
53 975
37 309
37 309
Living cost
13 695
13 695
13 695
13 695
Free-cash
35 350
40 280
23 614
23 614

Estimated living cost  is ₽13695 per week

₽8484
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽995
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽427
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3788
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽7029
-₽22120
-₽6309
-₽9832
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
63 500
municipal
-
-
-
424
regional
-
-
-
998
national
-
-
-
11 578
social contributions
-
-
-
16 333
total
-
-
-
29 333
Employee
85 618
-
63 500
-
social contributions
28 870
-
21 412
-
regional
1 293
-
859
-
municipal
511
-
378
-
national
14 469
-
10 207
-
total
45 143
-
32 856
-
Employer
85 618
-
63 500
-
total
-
-
-
-
Corporate
-
63 500
-
-
nationa
-
15 240
-
-
municipal
-
3 060
-
-
total
-
18 300
-
-
Dividends
-
45 200
-
-
withholding
-
11 752
-
-
total
-
11 752
-
-
Income
63 500
63 500
63 500
63 500
Total tax
45 143
30 052
32 856
29 333
After tax
18 357
33 448
30 644
34 167
Living cost
40 476
40 476
40 476
40 476
Free-cash
-22 120
-7 029
-9 832
-6 309

Estimated living cost  is ₽40476 per week

₽28432
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2784
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽611
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8648
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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