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
₽3776
₽19365
₽16235
₽14154
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income

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

-
-
-
8 821
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.

-
-
-
484
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.

-
-
-
6 410
trade
-
-
-
3 130
total
-
-
-
18 845
Employee

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

35 888
-
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.

55
-
484
-
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.

1 002
-
8 821
-
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.

6 410
-
6 410
-
total
7 467
-
15 715
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
27 612
63 500
-
-
income
4 142
9 524
-
-
surtax

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

228
523
-
-
chamber of commerce
182
233
-
-
trade
4 348
10 002
-
-
total
8 900
20 282
-
-
Dividends
18 712
43 217
-
-
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.

237
575
-
-
withholding
4 322
10 447
-
-
total
4 559
11 022
-
-
Income
63 500
63 500
63 500
63 500
Total tax
20 926
31 304
15 715
18 845
After tax
42 574
32 196
47 785
44 655
Living cost
28 420
28 420
28 420
28 420
Free-cash
14 154
3 776
19 365
16 235

Estimated living cost  is ₽28420 per week

₽17877
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3314
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽531
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6699
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽10332
-₽10009
-₽10507
-₽20968
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
63 500
social contributions
-
-
-
683
municipal
-
-
-
6 177
national
-
-
-
9 571
pensions
-
-
-
7 620
total
-
-
-
24 051
Employee
77 442
-
54 895
-
municipal
9 565
-
6 423
-
pensions
3 098
-
2 196
-
national
14 822
-
9 952
-
total
27 485
-
18 571
-
Employer
77 442
-
54 895
-
pensions
6 195
-
4 392
-
social contributions
832
-
590
-
total
7 027
-
4 982
-
Corporate
-
63 500
-
-
income

Corporate income tax will depend on a type of legal entity. For LLC and Limited Partnership it is set at 20%. All other entities pay 37.6%.

-
12 700
-
-
total
-
12 700
-
-
Dividends
-
50 800
-
-
withholding
-
11 176
-
-
total
-
11 176
-
-
Income
63 500
63 500
63 500
63 500
Total tax
34 512
23 876
23 553
24 051
After tax
28 988
39 624
39 947
39 449
Living cost
49 956
49 956
49 956
49 956
Free-cash
-20 968
-10 332
-10 009
-10 507

Estimated living cost  is ₽49956 per week

₽33955
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4644
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽748
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10610
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽31280
₽16616
₽31501
₽23582
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
2 954
microenterprise
-
-
-
9 524
total
-
-
-
12 478
Employee
27 418
-
51 173
-
surtax
-
-
-
-
social contributions

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

3 016
-
5 629
-
income
4 881
-
9 407
-
total
7 897
-
15 036
-
Employer
27 418
-
51 173
-
social contributions

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

6 604
-
12 327
-
surtax
-
-
-
-
total
6 604
-
12 327
-
Corporate
29 478
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%.

5 896
12 699
-
-
total
5 896
12 699
-
-
Dividends

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

23 582
50 801
-
-
total
-
-
-
-
Income
63 500
63 500
63 500
63 500
Total tax
20 397
12 699
27 363
12 478
After tax
43 103
50 801
36 137
51 022
Living cost
19 521
19 521
19 521
19 521
Free-cash
23 582
31 280
16 616
31 501

Estimated living cost  is ₽19521 per week

₽12454
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1859
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽443
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4765
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽24409
-₽29677
-₽3094
-₽29677
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
6 780
health
-
-
-
9 514
pensions
-
-
-
10 993
total
-
-
-
27 287
Employee
80 127
80 127
80 127
-
pensions
14 423
10 993
14 423
-
income

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

13 116
13 116
13 116
-
health
12 299
10 461
12 299
-
total
39 838
34 570
39 838
-
Employer
80 127
80 127
80 127
-
health
5 570
5 570
5 570
-
pensions
5 577
5 577
5 577
-
unemployment
2 885
2 885
2 885
-
total
14 032
14 032
14 032
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
63 500
63 500
63 500
63 500
Total tax
53 870
48 602
53 870
27 287
After tax
9 630
14 898
9 630
36 213
Living cost
39 307
39 307
39 307
39 307
Free-cash
-29 677
-24 409
-29 677
-3 094

Estimated living cost  is ₽39307 per week

₽27856
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3543
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽625
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7283
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽2813
-₽3574
-₽5830
-₽6693
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
63 500
accident
-
-
-
127
other
-
-
-
7 379
unemployment
-
-
-
64
health
-
-
-
3 962
municipal
-
-
-
13 450
national
-
-
-
-
pensions
-
-
-
6 864
total
-
-
-
31 846
Employee
53 411
-
48 318
-
municipal
15 927
-
14 408
-
national
-
-
-
-
total
15 927
-
14 408
-
Employer
53 411
-
48 318
-
health
3 285
-
2 971
-
pensions
5 774
-
5 223
-
accident
107
-
97
-
unemployment
1 410
-
1 276
-
other
6 206
-
5 615
-
total
16 782
-
15 182
-
Corporate
-
63 500
-
-
income
-
13 970
-
-
total
-
13 970
-
-
Dividends
-
49 530
-
-
withholding
-
14 859
-
-
total
-
14 859
-
-
Income
63 500
63 500
63 500
63 500
Total tax
32 709
28 829
29 590
31 846
After tax
30 791
34 671
33 910
31 654
Living cost
37 484
37 484
37 484
37 484
Free-cash
-6 693
-2 813
-3 574
-5 830

Estimated living cost  is ₽37484 per week

₽24843
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3678
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.
₽8394
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽4990
₽10924
₽7655
₽8191
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income

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

-
-
-
8 821
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.

-
-
-
484
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.

-
-
-
6 410
trade
-
-
-
3 269
total
-
-
-
18 984
Employee

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

47 583
-
63 500
-
surtax

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

224
-
484
-
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.

4 088
-
8 821
-
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.

6 410
-
6 410
-
total
10 722
-
15 715
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
15 917
63 500
-
-
income
2 388
9 524
-
-
surtax

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

132
523
-
-
chamber of commerce
166
233
-
-
trade
2 617
10 445
-
-
total
5 303
20 725
-
-
Dividends
10 614
42 774
-
-
surtax

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

126
568
-
-
withholding
2 297
10 336
-
-
total
2 423
10 904
-
-
Income
63 500
63 500
63 500
63 500
Total tax
18 448
31 629
15 715
18 984
After tax
45 052
31 871
47 785
44 516
Living cost
36 860
36 860
36 860
36 860
Free-cash
8 191
-4 990
10 924
7 655

Estimated living cost  is ₽36860 per week

₽24653
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3887
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽550
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7771
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽11849
₽14338
₽17985
₽12331
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 556
social contributions
-
-
-
9 906
health
-
-
-
1 619
total
-
-
-
15 081
Employee
72 151
72 151
72 151
-
social contributions
3 506
5 988
4 784
-
income
7 576
6 679
7 114
-
health
718
1 227
979
-
total
11 800
13 894
12 877
-
Employer
72 151
72 151
72 151
-
health
782
1 335
1 067
-
social contributions
3 506
5 988
4 784
-
total
4 288
7 323
5 851
-
Corporate
16 978
-
-
-
income
2 122
-
-
-
total
2 122
-
-
-
Dividends
14 856
-
-
-
withholding
2 525
-
-
-
total
2 525
-
-
-
Income
63 500
63 500
63 500
63 500
Total tax
20 735
21 217
18 728
15 081
After tax
42 765
42 283
44 772
48 419
Living cost
30 434
30 434
30 434
30 434
Free-cash
12 331
11 849
14 338
17 985

Estimated living cost  is ₽30434 per week

₽20805
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2377
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽511
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6741
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽19063
₽19994
₽27173
₽19413
S + D Salary + Dividends

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

Dividends

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

Salary

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

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

The minimum wage is 138,000 HUF per month.

24 275
9 661
53 138
-
unemployment
364
145
797
-
pensions
2 428
966
5 314
-
income
2 968
1 181
6 496
-
health
1 699
676
3 720
-
total
7 459
2 968
16 327
-
Employer

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

The minimum wage is 138,000 HUF per month.

24 275
9 661
53 138
-
pensions
4 734
1 884
10 362
-
total
4 734
1 884
10 362
-
Corporate
34 491
51 955
-
-
income
3 104
4 676
-
-
total
3 104
4 676
-
-
Dividends
31 387
47 279
-
-
social contributions
6 010
9 109
-
-
withholding
5 963
8 983
-
-
total
11 973
18 092
-
-
Income
63 500
63 500
63 500
63 500
Total tax
27 270
27 620
26 689
19 510
After tax
36 230
35 880
36 811
43 990
Living cost
16 817
16 817
16 817
16 817
Free-cash
19 413
19 063
19 994
27 173

Estimated living cost  is ₽16817 per week

₽11476
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1376
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽336
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3629
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28137
₽13937
₽11631
₽22306
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 251
health
-
-
-
8 255
pensions
-
-
-
12 699
total
-
-
-
29 205
Employee
26 618
-
47 458
-
unemployment
426
-
759
-
pensions
532
-
949
-
income
2 997
-
9 151
-
total
3 955
-
10 859
-
Employer
26 618
-
47 458
-
health
3 460
-
6 170
-
pensions
5 324
-
9 491
-
unemployment
214
-
379
-
total
8 998
-
16 040
-
Corporate
27 884
63 500
-
-
income
5 577
12 699
-
-
total
5 577
12 699
-
-
Dividends
22 307
50 801
-
-
total
-
-
-
-
Income
63 500
63 500
63 500
63 500
Total tax
18 530
12 699
26 899
29 205
After tax
44 970
50 801
36 601
34 295
Living cost
22 664
22 664
22 664
22 664
Free-cash
22 306
28 137
13 937
11 631

Estimated living cost  is ₽22664 per week

₽15545
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1350
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽456
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5313
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽15804
₽11889
₽22836
₽1931
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
240
income
-
-
-
13 084
other
-
-
-
353
health
-
-
-
2 077
pensions
-
-
-
3 962
total
-
-
-
19 716
Employee
32 952
-
52 750
-
pensions
3 710
-
5 940
-
income
4 521
-
7 933
-
health
3 773
-
6 040
-
total
12 004
-
19 913
-
Employer
32 952
-
52 750
-
pensions
5 358
-
8 577
-
accident
550
-
881
-
unemployment
807
-
1 292
-
total
6 715
-
10 750
-
Corporate
23 832
63 500
-
-
income

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

21 449
57 150
-
-
total
21 449
57 150
-
-
Dividends
2 383
6 350
-
-
withholding
453
1 206
-
-
total
453
1 206
-
-
Income
63 500
63 500
63 500
63 500
Total tax
40 621
58 356
30 663
19 716
After tax
22 879
5 144
32 837
43 784
Living cost
20 948
20 948
20 948
20 948
Free-cash
1 931
-15 804
11 889
22 836

Estimated living cost  is ₽20948 per week

₽15353
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1161
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽437
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3997
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽52764
₽43239
₽55304
₽51347
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
63 500
microenterprise

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

-
-
-
635
total
-
-
-
635
Employee
9 450
-
63 500
-
income
1 890
-
12 700
-
total
1 890
-
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%.

54 050
63 500
-
-
total
-
-
-
-
Dividends
54 050
63 500
-
-
withholding
2 702
3 175
-
-
total
2 702
3 175
-
-
Income
63 500
63 500
63 500
63 500
Total tax
4 592
3 175
12 700
635
After tax
58 908
60 325
50 800
62 865
Living cost
7 561
7 561
7 561
7 561
Free-cash
51 347
52 764
43 239
55 304

Estimated living cost  is ₽7561 per week

₽4685
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽628
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽208
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2039
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽21652
₽12221
₽9382
₽15318
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 066
other
-
-
-
3 016
health
-
-
-
2 794
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
total
-
-
-
29 116
Employee
34 069
-
50 717
-
unemployment
340
-
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.

2 384
-
3 549
-
income
5 865
-
8 730
-
health
477
-
710
-
total
9 066
-
13 496
-
Employer
34 069
-
50 717
-
health
477
-
710
-
pensions

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

5 792
-
8 622
-
accident
272
-
406
-
unemployment
340
-
507
-
other
1 704
-
2 536
-
total
8 585
-
12 781
-
Corporate
20 845
63 500
-
-
income
4 377
13 335
-
-
total
4 377
13 335
-
-
Dividends
16 468
50 165
-
-
withholding
1 152
3 511
-
-
total
1 152
3 511
-
-
Income
63 500
63 500
63 500
63 500
Total tax
23 180
16 846
26 277
29 116
After tax
40 320
46 654
37 223
34 384
Living cost
25 002
25 002
25 002
25 002
Free-cash
15 318
21 652
12 221
9 382

Estimated living cost  is ₽25002 per week

₽17665
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1688
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽402
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5246
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽15109
-₽21942
-₽15204
-₽37346
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
11 869
pensions
-
-
-
4 149
total
-
-
-
16 018
Employee
88 691
-
56 411
-
pensions
8 556
-
4 682
-
income
15 987
-
10 185
-
health
1 461
-
801
-
total
26 004
-
15 668
-
Employer
88 691
-
56 411
-
health
1 684
-
1 071
-
pensions
10 472
-
6 017
-
total
12 156
-
7 088
-
Corporate
-
63 500
-
-
income

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

-
12 065
-
-
total
-
12 065
-
-
Dividends
-
51 435
-
-
withholding
-
3 858
-
-
total
-
3 858
-
-
Income
63 500
63 500
63 500
63 500
Total tax
38 160
15 923
22 756
16 018
After tax
25 340
47 577
40 744
47 482
Living cost
62 686
62 686
62 686
62 686
Free-cash
-37 346
-15 109
-21 942
-15 204

Estimated living cost  is ₽62686 per week

₽46972
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7365
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽510
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7840
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽41994
₽34321
₽32927
₽37637
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
131
health
-
-
-
3 768
pensions

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

-
-
-
4 850
total
-
-
-
18 274
Employee
16 286
-
57 071
-
accident

We are using the highest rate at 1.1%.

179
-
360
-
pensions

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

1 430
-
2 877
-
income
1 628
-
5 707
-
health
749
-
1 507
-
total
3 986
-
10 451
-
Employer
16 286
-
57 071
-
health
1 124
-
2 261
-
pensions

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

1 795
-
3 611
-
accident

We are using the highest rate at 1.1%.

179
-
360
-
unemployment
97
-
197
-
total
3 195
-
6 429
-
Corporate
44 018
63 500
-
-
income
4 402
6 350
-
-
total
4 402
6 350
-
-
Dividends
39 617
57 150
-
-
withholding
1 981
2 857
-
-
total
1 981
2 857
-
-
Income
63 500
63 500
63 500
63 500
Total tax
13 564
9 207
16 880
18 274
After tax
49 936
54 293
46 620
45 226
Living cost
12 299
12 299
12 299
12 299
Free-cash
37 637
41 994
34 321
32 927

Estimated living cost  is ₽12299 per week

₽7181
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽878
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽326
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3915
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽37132
-₽42400
-₽15817
-₽38723
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
6 780
health
-
-
-
9 514
pensions
-
-
-
10 993
total
-
-
-
27 287
Employee
86 993
80 127
80 127
-
pensions
10 993
10 993
14 423
-
income

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

13 116
13 116
13 116
-
health
10 853
10 461
12 299
-
total
34 962
34 570
39 838
-
Employer
86 993
80 127
80 127
-
health
6 045
5 570
5 570
-
pensions
6 054
5 577
5 577
-
unemployment
3 132
2 885
2 885
-
total
15 231
14 032
14 032
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
63 500
63 500
63 500
63 500
Total tax
50 193
48 602
53 870
27 287
After tax
13 307
14 898
9 630
36 213
Living cost
52 030
52 030
52 030
52 030
Free-cash
-38 723
-37 132
-42 400
-15 817

Estimated living cost  is ₽52030 per week

₽38381
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4647
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽597
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8406
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽20709
₽9213
₽7917
₽12499
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions
-
-
-
18 542
solidarity contribution
-
-
-
-
health
-
-
-
8 572
total
-
-
-
32 572
Employee
33 839
-
47 388
-
solidarity contribution
-
-
-
-
social contributions
2 200
-
3 080
-
income
4 061
-
5 687
-
health
4 568
-
6 397
-
total
10 829
-
15 164
-
Employer
33 839
-
47 388
-
health
3 045
-
4 265
-
social contributions
8 460
-
11 847
-
total
11 505
-
16 112
-
Corporate
18 156
63 500
-
-
income
3 450
12 065
-
-
total
3 450
12 065
-
-
Dividends
14 706
51 435
-
-
withholding
2 206
7 715
-
-
total
2 206
7 715
-
-
Income
63 500
63 500
63 500
63 500
Total tax
27 990
19 780
31 276
32 572
After tax
35 510
43 720
32 224
30 928
Living cost
23 011
23 011
23 011
23 011
Free-cash
12 499
20 709
9 213
7 917

Estimated living cost  is ₽23011 per week

₽15983
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1637
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽453
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4938
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽5713
-₽8708
-₽5122
-₽19891
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
63 500
social contributions
-
-
-
16 332
regional
-
-
-
653
municipal
-
-
-
377
national
-
-
-
11 667
total
-
-
-
29 029
Employee
83 391
-
63 500
-
municipal
442
-
337
-
national
14 450
-
10 295
-
regional
787
-
571
-
social contributions
28 119
-
21 412
-
total
43 798
-
32 615
-
Employer
83 391
-
63 500
-
total
-
-
-
-
Corporate
-
63 500
-
-
municipal
-
2 477
-
-
nationa
-
15 240
-
-
total
-
17 717
-
-
Dividends
-
45 783
-
-
withholding
-
11 903
-
-
total
-
11 903
-
-
Income
63 500
63 500
63 500
63 500
Total tax
43 798
29 620
32 615
29 029
After tax
19 702
33 880
30 885
34 471
Living cost
39 593
39 593
39 593
39 593
Free-cash
-19 891
-5 713
-8 708
-5 122

Estimated living cost  is ₽39593 per week

₽27599
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2596
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽607
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8789
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽19237
₽12988
₽14378
₽16317
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
63 500
income
-
-
-
10 158
other
-
-
-
-
surtax
-
-
-
837
unemployment
-
-
-
214
health
-
-
-
4 509
pensions
-
-
-
12 699
total
-
-
-
28 417
Employee
31 029
-
52 457
-
other
-
-
-
-
unemployment
2 160
-
3 650
-
pensions
2 069
-
3 499
-
surtax
101
-
732
-
income
5 201
-
9 546
-
health
792
-
1 337
-
total
10 323
-
18 764
-
Employer
31 029
-
52 457
-
health
1 412
-
2 388
-
pensions
4 136
-
6 992
-
unemployment
983
-
1 663
-
other
-
-
-
-
total
6 531
-
11 043
-
Corporate
25 940
63 500
-
-
income
6 745
16 510
-
-
total
6 745
16 510
-
-
Dividends
19 195
46 990
-
-
withholding
2 879
7 048
-
-
total
2 879
7 048
-
-
Income
63 500
63 500
63 500
63 500
Total tax
26 478
23 558
29 807
28 417
After tax
37 022
39 942
33 693
35 083
Living cost
20 705
20 705
20 705
20 705
Free-cash
16 317
19 237
12 988
14 378

Estimated living cost  is ₽20705 per week

₽12660
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1911
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.
₽5657
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽4752
-₽2081
₽4657
-₽3501
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
11 869
pensions
-
-
-
4 149
total
-
-
-
16 018
Employee
59 438
-
56 411
-
pensions
5 045
-
4 682
-
income
10 705
-
10 185
-
health
863
-
801
-
total
16 613
-
15 668
-
Employer
59 438
-
56 411
-
health
1 129
-
1 071
-
pensions
6 434
-
6 017
-
total
7 563
-
7 088
-
Corporate
-
63 500
-
-
income

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

-
12 065
-
-
total
-
12 065
-
-
Dividends
-
51 435
-
-
withholding
-
3 858
-
-
total
-
3 858
-
-
Income
63 500
63 500
63 500
63 500
Total tax
24 176
15 923
22 756
16 018
After tax
39 324
47 577
40 744
47 482
Living cost
42 825
42 825
42 825
42 825
Free-cash
-3 501
4 752
-2 081
4 657

Estimated living cost  is ₽42825 per week

₽32084
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3210
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽448
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7082
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽45049
-₽23654
-₽20405
-₽31458
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
63 500
other

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

-
-
-
1 269
regional
-
-
-
1 577
health
-
-
-
242
city
-
-
-
668
national
-
-
-
221
pensions
-
-
-
5 842
total
-
-
-
9 819
Employee
86 700
-
56 836
-
unemployment
-
-
-
-
pensions
7 284
-
4 774
-
national
410
-
183
-
regional
2 839
-
1 336
-
city
930
-
611
-
health
196
-
127
-
total
11 659
-
7 031
-
Employer
86 700
-
56 836
-
health
196
-
127
-
pensions
7 284
-
4 774
-
unemployment
-
-
-
-
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.

1 733
-
1 136
-
total
9 213
-
6 037
-
Corporate
-
63 500
-
-
regional
-
13 430
-
-
national
-
5 398
-
-
total
-
18 828
-
-
Dividends
-
44 672
-
-
withholding
-
15 635
-
-
total
-
15 635
-
-
Income
63 500
63 500
63 500
63 500
Total tax
20 872
34 463
13 068
9 819
After tax
42 628
29 037
50 432
53 681
Living cost
74 086
74 086
74 086
74 086
Free-cash
-31 458
-45 049
-23 654
-20 405

Estimated living cost  is ₽74086 per week

₽48177
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6648
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽910
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18351
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽11441
₽4801
₽1393
₽3770
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income

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

-
-
-
8 821
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.

-
-
-
484
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.

-
-
-
6 410
trade
-
-
-
3 408
total
-
-
-
19 123
Employee

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

56 390
-
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.

365
-
484
-
income

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

6 631
-
8 821
-
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.

6 410
-
6 410
-
total
13 406
-
15 715
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
7 110
63 500
-
-
income
1 067
9 524
-
-
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.

59
523
-
-
chamber of commerce
153
231
-
-
trade
1 220
10 890
-
-
total
2 499
21 168
-
-
Dividends
4 611
42 330
-
-
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.

45
563
-
-
withholding
796
10 226
-
-
total
841
10 789
-
-
Income
63 500
63 500
63 500
63 500
Total tax
16 746
31 957
15 715
19 123
After tax
46 754
31 543
47 785
44 377
Living cost
42 984
42 984
42 984
42 984
Free-cash
3 770
-11 441
4 801
1 393

Estimated living cost  is ₽42984 per week

₽31394
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3438
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.
₽7594
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽98
₽6069
₽5734
₽5443
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 321
other
-
-
-
1 969
surtax
-
-
-
-
social contributions
-
-
-
1 809
health
-
-
-
550
pensions
-
-
-
18 014
total
-
-
-
25 663
Employee
40 158
-
48 388
-
pensions
4 541
-
5 474
-
surtax
-
-
-
-
social contributions
1 145
-
1 378
-
income
2 370
-
3 364
-
total
8 056
-
10 216
-
Employer
40 158
-
48 388
-
health
2 812
-
3 387
-
pensions
6 597
-
7 949
-
unemployment
1 626
-
1 960
-
social contributions
121
-
146
-
other
1 385
-
1 670
-
total
12 541
-
15 112
-
Corporate
10 801
63 500
-
-
income
3 023
17 779
-
-
surtax
-
-
-
-
total
3 023
17 779
-
-
Dividends
7 778
45 721
-
-
surtax
-
-
-
-
social contributions
1 339
7 863
-
-
withholding
995
5 853
-
-
total
2 334
13 716
-
-
Income
63 500
63 500
63 500
63 500
Total tax
25 954
31 495
25 328
25 663
After tax
37 546
32 005
38 172
37 837
Living cost
32 103
32 103
32 103
32 103
Free-cash
5 443
-98
6 069
5 734

Estimated living cost  is ₽32103 per week

₽20242
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2610
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽547
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8705
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽3083
₽9250
₽8915
₽8297
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 321
other
-
-
-
1 969
surtax
-
-
-
-
social contributions
-
-
-
1 809
health
-
-
-
550
pensions
-
-
-
18 014
total
-
-
-
25 663
Employee
35 847
-
48 388
-
pensions
4 054
-
5 474
-
surtax
-
-
-
-
social contributions
1 022
-
1 378
-
income
1 848
-
3 364
-
total
6 924
-
10 216
-
Employer
35 847
-
48 388
-
health
2 509
-
3 387
-
pensions
5 890
-
7 949
-
unemployment
1 451
-
1 960
-
social contributions
107
-
146
-
other
1 238
-
1 670
-
total
11 195
-
15 112
-
Corporate
16 459
63 500
-
-
income
4 608
17 779
-
-
surtax
-
-
-
-
total
4 608
17 779
-
-
Dividends
11 850
45 721
-
-
surtax
-
-
-
-
social contributions
2 037
7 863
-
-
withholding
1 517
5 853
-
-
total
3 554
13 716
-
-
Income
63 500
63 500
63 500
63 500
Total tax
26 281
31 495
25 328
25 663
After tax
37 219
32 005
38 172
37 837
Living cost
28 922
28 922
28 922
28 922
Free-cash
8 297
3 083
9 250
8 915

Estimated living cost  is ₽28922 per week

₽16773
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2938
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽548
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8663
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽18845
₽17816
₽20886
₽19331
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
9 524
social contributions
-
-
-
8 762
health
-
-
-
4 432
total
-
-
-
22 718
Employee
31 814
-
63 500
-
social contributions
4 391
-
8 762
-
income
5 306
-
12 594
-
health
2 220
-
4 432
-
total
11 917
-
25 788
-
Employer
31 814
-
63 500
-
total
-
-
-
-
Corporate
31 686
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%.

1 585
3 175
-
-
total
1 585
3 175
-
-
Dividends
30 101
60 325
-
-
social contributions
4 154
8 324
-
-
withholding
4 516
9 049
-
-
health
2 101
4 211
-
-
total
10 771
21 584
-
-
Income
63 500
63 500
63 500
63 500
Total tax
24 273
24 759
25 788
22 718
After tax
39 227
38 741
37 712
40 782
Living cost
19 896
19 896
19 896
19 896
Free-cash
19 331
18 845
17 816
20 886

Estimated living cost  is ₽19896 per week

₽13315
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1227
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽458
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4895
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽3044
-₽10188
₽1340
₽1478
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
6 298
surtax
-
-
-
185
unemployment
-
-
-
5 755
chamber of commerce
-
-
-
255
health
-
-
-
4 858
pensions
-
-
-
11 747
total
-
-
-
29 098
Employee
46 892
37 393
49 166
-
other
468
374
491
-
unemployment
1 407
1 122
1 474
-
pensions
4 802
3 828
5 034
-
income
5 338
2 758
5 990
-
health
1 814
1 448
1 903
-
total
13 829
9 530
14 892
-
Employer
46 892
37 393
49 166
-
chamber of commerce
187
150
196
-
health
1 772
1 414
1 859
-
pensions
5 885
4 694
6 170
-
accident
609
486
639
-
unemployment
1 407
1 122
1 474
-
surtax
185
185
185
-
payroll
1 407
1 122
1 474
-
other
2 228
1 775
2 336
-
total
13 680
10 948
14 333
-
Corporate
3 561
15 160
45 605
-
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.

890
3 789
11 401
-
total
890
3 789
11 401
-
Dividends
2 039
11 371
-
-
withholding
561
3 127
-
-
total
561
3 127
-
-
Income
63 500
63 500
63 500
63 500
Total tax
28 960
27 394
40 626
29 098
After tax
34 540
36 106
22 874
34 402
Living cost
33 062
33 062
33 062
33 062
Free-cash
1 478
3 044
-10 188
1 340

Estimated living cost  is ₽33062 per week

₽22051
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2820
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽543
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7648
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽1512
-₽7640
-₽1526
-₽23154
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
communal

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

-
-
-
3 314
social contributions
-
-
-
8 267
national
-
-
-
19 233
total
-
-
-
30 814
Employee

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

67 117
-
49 184
-
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.

584
-
427
-
communal

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

3 501
-
2 566
-
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.

5 034
-
3 689
-
national
20 635
-
13 617
-
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.

3 153
-
2 313
-
total
32 907
-
22 612
-
Employer

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

67 117
-
49 184
-
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.

4 127
-
3 025
-
pensions

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

5 947
-
4 357
-
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.

872
-
639
-
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.

979
-
718
-
surtax
7 610
-
5 577
-
total
19 535
-
14 316
-
Corporate
-
63 500
-
-
income
-
12 699
-
-
surtax
-
255
-
-
total
-
12 954
-
-
Dividends
-
50 546
-
-
withholding

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

-
14 822
-
-
total
-
14 822
-
-
Income
63 500
63 500
63 500
63 500
Total tax
52 442
27 776
36 928
30 814
After tax
11 058
35 724
26 572
32 686
Living cost
34 212
34 212
34 212
34 212
Free-cash
-23 154
1 512
-7 640
-1 526

Estimated living cost  is ₽34212 per week

₽22037
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2991
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽536
Clothing and shoes. We estimate one pair of shoes and 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 Brussels model

Close
Barcelona , Spain
₽8968
₽946
₽495
₽1311
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
63 500
accident
-
-
-
572
income
-
-
-
10 068
other
-
-
-
64
unemployment
-
-
-
445
pensions
-
-
-
17 970
total
-
-
-
29 119
Employee
46 707
-
48 151
-
other
46
-
48
-
unemployment
725
-
746
-
pensions
2 195
-
2 263
-
income
9 855
-
10 261
-
total
12 821
-
13 318
-
Employer
46 707
-
48 151
-
pensions
11 022
-
11 364
-
accident
924
-
953
-
unemployment
2 569
-
2 648
-
other
372
-
385
-
total
14 887
-
15 350
-
Corporate
1 906
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.

287
9 524
-
-
total
287
9 524
-
-
Dividends
1 619
53 976
-
-
withholding
308
11 122
-
-
total
308
11 122
-
-
Income
63 500
63 500
63 500
63 500
Total tax
28 303
20 646
28 668
29 119
After tax
35 197
42 854
34 832
34 381
Living cost
33 886
33 886
33 886
33 886
Free-cash
1 311
8 968
946
495

Estimated living cost  is ₽33886 per week

₽24953
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2404
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽488
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6040
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽11406
-₽8645
-₽9852
-₽16045
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
communal
-
-
-
-
accident
-
-
-
572
income
-
-
-
3 508
surtax
-
-
-
3 360
health
-
-
-
4 761
pensions
-
-
-
10 160
total
-
-
-
22 361
Employee
71 057
-
56 721
-
pensions
5 684
-
4 537
-
surtax
4 355
-
3 476
-
income
6 863
-
3 837
-
health
3 162
-
2 525
-
total
20 064
-
14 375
-
Employer
71 057
-
56 721
-
health
2 167
-
1 731
-
pensions
5 684
-
4 537
-
accident
639
-
511
-
total
8 490
-
6 779
-
Corporate
-
63 500
-
-
communal
-
4 286
-
-
income
-
9 524
-
-
surtax
-
666
-
-
total
-
14 476
-
-
Dividends
-
49 024
-
-
income
-
2 085
-
-
withholding
-
7 354
-
-
total
-
9 439
-
-
Income
63 500
63 500
63 500
63 500
Total tax
28 554
23 915
21 154
22 361
After tax
34 946
39 585
42 346
41 139
Living cost
50 991
50 991
50 991
50 991
Free-cash
-16 045
-11 406
-8 645
-9 852

Estimated living cost  is ₽50991 per week

₽38251
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3089
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽540
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9110
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽18867
₽12618
₽14008
₽15882
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
63 500
income
-
-
-
10 158
other
-
-
-
-
surtax
-
-
-
837
unemployment
-
-
-
214
health
-
-
-
4 509
pensions
-
-
-
12 699
total
-
-
-
28 417
Employee
31 599
-
52 457
-
other
-
-
-
-
unemployment
2 199
-
3 650
-
pensions
2 108
-
3 499
-
surtax
112
-
732
-
income
5 297
-
9 546
-
health
807
-
1 337
-
total
10 523
-
18 764
-
Employer
31 599
-
52 457
-
health
1 437
-
2 388
-
pensions
4 213
-
6 992
-
unemployment
1 002
-
1 663
-
other
-
-
-
-
total
6 652
-
11 043
-
Corporate
25 249
63 500
-
-
income
6 565
16 510
-
-
total
6 565
16 510
-
-
Dividends
18 684
46 990
-
-
withholding
2 803
7 048
-
-
total
2 803
7 048
-
-
Income
63 500
63 500
63 500
63 500
Total tax
26 543
23 558
29 807
28 417
After tax
36 957
39 942
33 693
35 083
Living cost
21 075
21 075
21 075
21 075
Free-cash
15 882
18 867
12 618
14 008

Estimated living cost  is ₽21075 per week

₽12724
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1832
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.
₽6031
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽8102
₽5326
₽8891
₽6018
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
63 500
social contributions
-
-
-
16 332
regional
-
-
-
957
municipal
-
-
-
377
national
-
-
-
11 667
total
-
-
-
29 333
Employee
52 049
-
63 500
-
municipal
276
-
337
-
national
8 246
-
10 295
-
regional
701
-
854
-
social contributions
17 551
-
21 412
-
total
26 774
-
32 898
-
Employer
52 049
-
63 500
-
total
-
-
-
-
Corporate
11 451
63 500
-
-
municipal
570
3 155
-
-
nationa
2 747
15 240
-
-
total
3 317
18 395
-
-
Dividends
8 134
45 105
-
-
withholding
2 115
11 727
-
-
total
2 115
11 727
-
-
Income
63 500
63 500
63 500
63 500
Total tax
32 206
30 122
32 898
29 333
After tax
31 294
33 378
30 602
34 167
Living cost
25 276
25 276
25 276
25 276
Free-cash
6 018
8 102
5 326
8 891

Estimated living cost  is ₽25276 per week

₽15719
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2561
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽433
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6563
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽15365
₽3869
₽2573
₽5249
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions
-
-
-
18 542
solidarity contribution
-
-
-
-
health
-
-
-
8 572
total
-
-
-
32 572
Employee
41 699
-
47 388
-
solidarity contribution
-
-
-
-
social contributions
2 710
-
3 080
-
income
5 004
-
5 687
-
health
5 629
-
6 397
-
total
13 343
-
15 164
-
Employer
41 699
-
47 388
-
health
3 753
-
4 265
-
social contributions
10 425
-
11 847
-
total
14 178
-
16 112
-
Corporate
7 624
63 500
-
-
income
1 449
12 065
-
-
total
1 449
12 065
-
-
Dividends
6 175
51 435
-
-
withholding
926
7 715
-
-
total
926
7 715
-
-
Income
63 500
63 500
63 500
63 500
Total tax
29 896
19 780
31 276
32 572
After tax
33 604
43 720
32 224
30 928
Living cost
28 355
28 355
28 355
28 355
Free-cash
5 249
15 365
3 869
2 573

Estimated living cost  is ₽28355 per week

₽21087
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1571
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽491
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5207
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽6271
-₽7028
₽4652
₽5807
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
6 298
surtax
-
-
-
-
unemployment
-
-
-
5 755
chamber of commerce
-
-
-
255
health
-
-
-
4 858
pensions
-
-
-
11 747
total
-
-
-
28 913
Employee
41 016
37 393
49 309
-
other
410
374
493
-
unemployment
1 230
1 122
1 480
-
pensions
4 200
3 828
5 050
-
income
3 654
2 758
6 031
-
health
1 587
1 448
1 909
-
total
11 081
9 530
14 963
-
Employer
41 016
37 393
49 309
-
chamber of commerce
164
150
198
-
health
1 551
1 414
1 864
-
pensions
5 148
4 694
6 188
-
accident
532
486
641
-
unemployment
1 230
1 122
1 480
-
surtax
-
-
-
-
payroll
1 230
1 122
1 480
-
other
1 948
1 775
2 342
-
total
11 803
10 763
14 193
-
Corporate
10 680
15 345
45 747
-
income

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

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

2 671
3 835
11 437
-
total
2 671
3 835
11 437
-
Dividends
8 009
11 510
-
-
withholding
2 203
3 166
-
-
total
2 203
3 166
-
-
Income
63 500
63 500
63 500
63 500
Total tax
27 758
27 294
40 593
28 913
After tax
35 742
36 206
22 907
34 587
Living cost
29 935
29 935
29 935
29 935
Free-cash
5 807
6 271
-7 028
4 652

Estimated living cost  is ₽29935 per week

₽17957
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3057
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽534
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8387
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽48543
₽39018
₽51083
₽46333
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
63 500
microenterprise

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

-
-
-
635
total
-
-
-
635
Employee
14 727
-
63 500
-
income
2 946
-
12 700
-
total
2 946
-
12 700
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

48 773
63 500
-
-
total
-
-
-
-
Dividends
48 773
63 500
-
-
withholding
2 439
3 175
-
-
total
2 439
3 175
-
-
Income
63 500
63 500
63 500
63 500
Total tax
5 385
3 175
12 700
635
After tax
58 115
60 325
50 800
62 865
Living cost
11 782
11 782
11 782
11 782
Free-cash
46 333
48 543
39 018
51 083

Estimated living cost  is ₽11782 per week

₽7973
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽495
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽395
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2919
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽18553
₽7193
₽9017
₽10703
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
11 377
unemployment
-
-
-
94
health
-
-
-
6 248
pensions
-
-
-
11 597
total
-
-
-
29 316
Employee

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

41 492
-
54 944
-
unemployment
59
-
77
-
pensions
6 432
-
8 517
-
income
7 155
-
10 439
-
health
2 680
-
3 551
-
total
16 326
-
22 584
-
Employer

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

41 492
-
54 944
-
health
2 764
-
3 659
-
pensions
3 672
-
4 863
-
unemployment
25
-
34
-
total
6 461
-
8 556
-
Corporate
15 548
63 500
-
-
income
2 954
12 065
-
-
total
2 954
12 065
-
-
Dividends
12 594
51 435
-
-
withholding
1 889
7 715
-
-
total
1 889
7 715
-
-
Income
63 500
63 500
63 500
63 500
Total tax
27 630
19 780
31 140
29 316
After tax
35 870
43 720
32 360
34 184
Living cost
25 167
25 167
25 167
25 167
Free-cash
10 703
18 553
7 193
9 017

Estimated living cost  is ₽25167 per week

₽17272
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1613
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽488
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5796
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽1447
₽11200
₽3804
-₽74999
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
57 469
-
-
-
social contributions
4 712
-
672
-
income
12 676
-
-
-
total
17 388
-
672
-
Employer
57 469
-
-
-
social contributions
81 031
-
11 548
-
total
81 031
-
11 548
-
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
98 419
24 867
12 220
19 616
After tax
-34 919
38 633
51 280
43 884
Living cost
40 080
40 080
40 080
40 080
Free-cash
-74 999
-1 447
11 200
3 804

Estimated living cost  is ₽40080 per week

₽26005
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3769
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽511
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9794
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽6688
₽4695
₽6839
₽5742
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
5 162
surtax
-
-
-
-
social contributions

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

-
-
-
22 067
total
-
-
-
27 229
Employee
43 155
-
51 314
-
surtax
-
-
-
-
social contributions
4 747
-
5 645
-
income
8 976
-
11 542
-
total
13 723
-
17 187
-
Employer
43 155
-
51 314
-
social contributions
10 249
-
12 186
-
total
10 249
-
12 186
-
Corporate
10 096
63 500
-
-
income
2 121
13 335
-
-
surtax
-
-
-
-
total
2 121
13 335
-
-
Dividends
7 975
50 165
-
-
withholding
2 233
14 045
-
-
total
2 233
14 045
-
-
Income
63 500
63 500
63 500
63 500
Total tax
28 326
27 380
29 373
27 229
After tax
35 174
36 120
34 127
36 271
Living cost
29 432
29 432
29 432
29 432
Free-cash
5 742
6 688
4 695
6 839

Estimated living cost  is ₽29432 per week

₽22021
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1736
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽491
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5183
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽13314
-₽7147
-₽7482
-₽13622
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 321
other
-
-
-
1 969
surtax
-
-
-
-
social contributions
-
-
-
1 809
health
-
-
-
550
pensions
-
-
-
18 014
total
-
-
-
25 663
Employee
58 768
-
48 388
-
pensions
6 647
-
5 474
-
surtax
-
-
-
-
social contributions
1 674
-
1 378
-
income
5 128
-
3 364
-
total
13 449
-
10 216
-
Employer
58 768
-
48 388
-
health
4 113
-
3 387
-
pensions
9 656
-
7 949
-
unemployment
2 381
-
1 960
-
social contributions
176
-
146
-
other
2 028
-
1 670
-
total
18 354
-
15 112
-
Corporate
-
63 500
-
-
income
-
17 779
-
-
surtax
-
-
-
-
total
-
17 779
-
-
Dividends
-
45 721
-
-
surtax
-
-
-
-
social contributions
-
7 863
-
-
withholding
-
5 853
-
-
total
-
13 716
-
-
Income
63 500
63 500
63 500
63 500
Total tax
31 803
31 495
25 328
25 663
After tax
31 697
32 005
38 172
37 837
Living cost
45 319
45 319
45 319
45 319
Free-cash
-13 622
-13 314
-7 147
-7 482

Estimated living cost  is ₽45319 per week

₽30671
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3707
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.
₽10319
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28945
₽22768
₽20986
₽25794
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
340
social contributions
-
-
-
13 969
total
-
-
-
14 309
Employee
30 166
-
54 978
-
income
-
-
433
-
social contributions
1 960
-
3 574
-
total
1 960
-
4 007
-
Employer
30 166
-
54 978
-
social contributions
4 676
-
8 520
-
total
4 676
-
8 520
-
Corporate
28 659
63 500
-
-
income
2 865
6 350
-
-
total
2 865
6 350
-
-
Dividends
25 794
57 150
-
-
total
-
-
-
-
Income
63 500
63 500
63 500
63 500
Total tax
9 501
6 350
12 527
14 309
After tax
53 999
57 150
50 973
49 191
Living cost
28 205
28 205
28 205
28 205
Free-cash
25 794
28 945
22 768
20 986

Estimated living cost  is ₽28205 per week

₽18237
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2126
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽531
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7311
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽140926
-₽140926
-₽4587
-₽140926
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
63 500
labour market
-
-
-
5 015
municipal
-
-
-
10 800
national
-
-
-
6 272
pensions
-
-
-
813
total
-
-
-
22 900
Employee
190 722
190 722
190 722
-
municipal
40 613
40 613
40 613
-
labour market
15 236
15 236
15 236
-
pensions
271
271
271
-
national
23 300
23 300
23 300
-
total
79 420
79 420
79 420
-
Employer
190 722
190 722
190 722
-
national
23 341
23 341
23 341
-
labour market
15 258
15 258
15 258
-
pensions
542
542
542
-
municipal
40 678
40 678
40 678
-
total
79 819
79 819
79 819
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
63 500
63 500
63 500
63 500
Total tax
159 239
159 239
159 239
22 900
After tax
-95 739
-95 739
-95 739
40 600
Living cost
45 187
45 187
45 187
45 187
Free-cash
-140 926
-140 926
-140 926
-4 587

Estimated living cost  is ₽45187 per week

₽30926
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3997
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽695
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9568
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽15495
₽12198
₽23145
₽1977
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
240
income
-
-
-
13 084
other
-
-
-
353
health
-
-
-
2 077
pensions
-
-
-
3 962
total
-
-
-
19 716
Employee
32 466
-
52 750
-
pensions
3 656
-
5 940
-
income
4 454
-
7 933
-
health
3 718
-
6 040
-
total
11 828
-
19 913
-
Employer
32 466
-
52 750
-
pensions
5 279
-
8 577
-
accident
542
-
881
-
unemployment
796
-
1 292
-
total
6 617
-
10 750
-
Corporate
24 417
63 500
-
-
income

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

21 975
57 150
-
-
total
21 975
57 150
-
-
Dividends
2 442
6 350
-
-
withholding
464
1 206
-
-
total
464
1 206
-
-
Income
63 500
63 500
63 500
63 500
Total tax
40 884
58 356
30 663
19 716
After tax
22 616
5 144
32 837
43 784
Living cost
20 639
20 639
20 639
20 639
Free-cash
1 977
-15 495
12 198
23 145

Estimated living cost  is ₽20639 per week

₽15023
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1177
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽387
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4052
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽7512
₽2603
₽11881
₽3334
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
63 500
health
-
-
-
586
municipal
-
-
-
11 325
national
-
-
-
3 684
total
-
-
-
15 595
Employee
49 366
-
53 420
-
municipal
8 086
-
8 745
-
unemployment
741
-
801
-
pensions
3 332
-
3 606
-
national
816
-
1 211
-
health
369
-
431
-
total
13 344
-
14 794
-
Employer
49 366
-
53 420
-
health
379
-
411
-
pensions
8 565
-
9 268
-
accident
50
-
53
-
unemployment
321
-
347
-
total
9 315
-
10 079
-
Corporate
4 819
63 500
-
-
income
963
12 699
-
-
total
963
12 699
-
-
Dividends

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

2 892
38 101
-
-
municipal
520
6 859
-
-
national
-
406
-
-
total
520
7 265
-
-
Income
63 500
63 500
63 500
63 500
Total tax
24 142
19 964
24 873
15 595
After tax
39 358
43 536
38 627
47 905
Living cost
36 024
36 024
36 024
36 024
Free-cash
3 334
7 512
2 603
11 881

Estimated living cost  is ₽36024 per week

₽23531
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3465
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽573
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8456
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽20559
₽23048
₽26695
₽19826
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 556
social contributions
-
-
-
9 906
health
-
-
-
1 619
total
-
-
-
15 081
Employee
72 151
72 151
72 151
-
social contributions
2 728
5 988
4 784
-
income
7 856
6 679
7 114
-
health
559
1 227
979
-
total
11 143
13 894
12 877
-
Employer
72 151
72 151
72 151
-
health
607
1 335
1 067
-
social contributions
2 728
5 988
4 784
-
total
3 335
7 323
5 851
-
Corporate
27 298
-
-
-
income
3 412
-
-
-
total
3 412
-
-
-
Dividends
23 886
-
-
-
withholding
4 060
-
-
-
total
4 060
-
-
-
Income
63 500
63 500
63 500
63 500
Total tax
21 950
21 217
18 728
15 081
After tax
41 550
42 283
44 772
48 419
Living cost
21 724
21 724
21 724
21 724
Free-cash
19 826
20 559
23 048
26 695

Estimated living cost  is ₽21724 per week

₽13020
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2131
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽481
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6093
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽37686
₽24375
₽33591
₽32914
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
5 620
unemployment
-
-
-
27
health
-
-
-
3 396
pensions
-
-
-
5 969
total
-
-
-
15 012
Employee

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

21 537
-
57 571
-
unemployment
107
-
288
-
pensions
3 230
-
8 636
-
income
1 473
-
4 482
-
health
1 830
-
4 893
-
total
6 640
-
18 299
-
Employer

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

21 537
-
57 571
-
health
926
-
2 475
-
pensions
1 184
-
3 166
-
unemployment
107
-
288
-
total
2 217
-
5 929
-
Corporate
39 746
63 500
-
-
income
3 577
5 716
-
-
total
3 577
5 716
-
-
Dividends
36 169
57 784
-
-
withholding
3 255
5 201
-
-
total
3 255
5 201
-
-
Income
63 500
63 500
63 500
63 500
Total tax
15 689
10 917
24 228
15 012
After tax
47 811
52 583
39 272
48 488
Living cost
14 897
14 897
14 897
14 897
Free-cash
32 914
37 686
24 375
33 591

Estimated living cost  is ₽14897 per week

₽9505
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1074
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽443
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3875
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽17052
₽9030
₽8579
₽12129
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
63 500
accident
-
-
-
572
income
-
-
-
10 068
other
-
-
-
64
unemployment
-
-
-
445
pensions
-
-
-
17 970
total
-
-
-
29 119
Employee
34 695
-
48 151
-
other
34
-
48
-
unemployment
538
-
746
-
pensions
1 631
-
2 263
-
income
6 689
-
10 261
-
total
8 892
-
13 318
-
Employer
34 695
-
48 151
-
pensions
8 187
-
11 364
-
accident
687
-
953
-
unemployment
1 909
-
2 648
-
other
278
-
385
-
total
11 061
-
15 350
-
Corporate
17 744
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.

2 662
9 524
-
-
total
2 662
9 524
-
-
Dividends
15 082
53 976
-
-
withholding
2 954
11 122
-
-
total
2 954
11 122
-
-
Income
63 500
63 500
63 500
63 500
Total tax
25 569
20 646
28 668
29 119
After tax
37 931
42 854
34 832
34 381
Living cost
25 802
25 802
25 802
25 802
Free-cash
12 129
17 052
9 030
8 579

Estimated living cost  is ₽25802 per week

₽17416
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2480
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽452
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5454
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽37724
₽38124
₽38259
₽37412
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
20 950
health
-
-
-
1 005
pensions
-
-
-
1 386
total
-
-
-
23 341
Employee
2 894
-
61 941
-
unemployment
29
-
69
-
pensions
260
-
624
-
income
560
-
20 877
-
health
145
-
347
-
total
994
-
21 917
-
Employer
2 894
-
61 941
-
health
275
-
658
-
pensions
318
-
762
-
unemployment
58
-
139
-
total
651
-
1 559
-
Corporate
59 954
63 500
-
-
income
13 190
13 970
-
-
total
13 190
13 970
-
-
Dividends
46 764
49 530
-
-
withholding
9 353
9 906
-
-
total
9 353
9 906
-
-
Income
63 500
63 500
63 500
63 500
Total tax
24 188
23 876
23 476
23 341
After tax
39 312
39 624
40 024
40 159
Living cost
1 900
1 900
1 900
1 900
Free-cash
37 412
37 724
38 124
38 259

Estimated living cost  is ₽1900 per week

₽1129
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽154
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽44
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽573
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽29683
₽17523
₽14952
₽25074
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 350
unemployment
-
-
-
952
health
-
-
-
6 540
pensions
-
-
-
16 510
total
-
-
-
32 352
Employee

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

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

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

24 423
-
53 859
-
unemployment
183
-
404
-
pensions
3 419
-
7 540
-
income
3 367
-
9 422
-
health
1 258
-
2 774
-
total
8 227
-
20 140
-
Employer

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

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

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

24 423
-
53 859
-
health
1 258
-
2 774
-
pensions
2 931
-
6 463
-
unemployment
183
-
404
-
total
4 372
-
9 641
-
Corporate
34 705
63 500
-
-
income
5 206
9 525
-
-
total
5 206
9 525
-
-
Dividends
29 499
53 975
-
-
withholding
4 425
8 096
-
-
total
4 425
8 096
-
-
Income
63 500
63 500
63 500
63 500
Total tax
22 230
17 621
29 781
32 352
After tax
41 270
45 879
33 719
31 148
Living cost
16 196
16 196
16 196
16 196
Free-cash
25 074
29 683
17 523
14 952

Estimated living cost  is ₽16196 per week

₽10905
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1253
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.
₽3570
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽10824
₽8831
₽10975
₽10485
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
5 162
surtax
-
-
-
-
social contributions

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

-
-
-
22 067
total
-
-
-
27 229
Employee
36 418
-
51 314
-
surtax
-
-
-
-
social contributions
4 006
-
5 645
-
income
7 116
-
11 542
-
total
11 122
-
17 187
-
Employer
36 418
-
51 314
-
social contributions
8 648
-
12 186
-
total
8 648
-
12 186
-
Corporate
18 434
63 500
-
-
income
3 871
13 335
-
-
surtax
-
-
-
-
total
3 871
13 335
-
-
Dividends
14 563
50 165
-
-
withholding
4 078
14 045
-
-
total
4 078
14 045
-
-
Income
63 500
63 500
63 500
63 500
Total tax
27 719
27 380
29 373
27 229
After tax
35 781
36 120
34 127
36 271
Living cost
25 296
25 296
25 296
25 296
Free-cash
10 485
10 824
8 831
10 975

Estimated living cost  is ₽25296 per week

₽17916
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1757
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽449
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5174
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽9878
₽1856
₽1405
₽2570
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
63 500
accident
-
-
-
572
income
-
-
-
10 068
other
-
-
-
64
unemployment
-
-
-
445
pensions
-
-
-
17 970
total
-
-
-
29 119
Employee
45 316
-
48 151
-
other
45
-
48
-
unemployment
702
-
746
-
pensions
2 130
-
2 263
-
income
9 465
-
10 261
-
total
12 342
-
13 318
-
Employer
45 316
-
48 151
-
pensions
10 694
-
11 364
-
accident
897
-
953
-
unemployment
2 493
-
2 648
-
other
363
-
385
-
total
14 447
-
15 350
-
Corporate
3 736
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.

561
9 524
-
-
total
561
9 524
-
-
Dividends
3 175
53 976
-
-
withholding
604
11 122
-
-
total
604
11 122
-
-
Income
63 500
63 500
63 500
63 500
Total tax
27 954
20 646
28 668
29 119
After tax
35 546
42 854
34 832
34 381
Living cost
32 976
32 976
32 976
32 976
Free-cash
2 570
9 878
1 856
1 405

Estimated living cost  is ₽32976 per week

₽23682
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2564
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽465
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6266
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38156
₽30483
₽29089
₽32437
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
131
health
-
-
-
3 768
pensions

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

-
-
-
4 850
total
-
-
-
18 274
Employee
21 368
-
57 071
-
accident

We are using the highest rate at 1.1%.

235
-
360
-
pensions

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

1 876
-
2 877
-
income
2 137
-
5 707
-
health
983
-
1 507
-
total
5 231
-
10 451
-
Employer
21 368
-
57 071
-
health
1 475
-
2 261
-
pensions

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

2 355
-
3 611
-
accident

We are using the highest rate at 1.1%.

235
-
360
-
unemployment
128
-
197
-
total
4 193
-
6 429
-
Corporate
37 940
63 500
-
-
income
3 794
6 350
-
-
total
3 794
6 350
-
-
Dividends
34 146
57 150
-
-
withholding
1 708
2 857
-
-
total
1 708
2 857
-
-
Income
63 500
63 500
63 500
63 500
Total tax
14 926
9 207
16 880
18 274
After tax
48 574
54 293
46 620
45 226
Living cost
16 137
16 137
16 137
16 137
Free-cash
32 437
38 156
30 483
29 089

Estimated living cost  is ₽16137 per week

₽10673
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽924
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽385
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4156
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽3375
₽11560
₽8707
₽8898
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income

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

-
-
-
8 821
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.

-
-
-
484
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.

-
-
-
6 410
trade
-
-
-
2 853
total
-
-
-
18 568
Employee

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

46 686
-
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.

212
-
484
-
income

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

3 839
-
8 821
-
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.

6 410
-
6 410
-
total
10 461
-
15 715
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
16 814
63 500
-
-
income
2 521
9 524
-
-
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.

139
523
-
-
chamber of commerce
167
235
-
-
trade
2 413
9 111
-
-
total
5 240
19 393
-
-
Dividends
11 573
44 106
-
-
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.

139
588
-
-
withholding
2 537
10 669
-
-
total
2 676
11 257
-
-
Income
63 500
63 500
63 500
63 500
Total tax
18 377
30 650
15 715
18 568
After tax
45 123
32 850
47 785
44 932
Living cost
36 225
36 225
36 225
36 225
Free-cash
8 898
-3 375
11 560
8 707

Estimated living cost  is ₽36225 per week

₽24989
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3898
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6813
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Nationals of Europe, Australia, Canada, Israel, Japan, the Republic of Korea, New Zealand and the USA do not require an entry type D visa (not to confuse with a Schengen visa or a visa-free entry). For other nationals, waiting time is around 6-9 months which includes document preparation and processing.

Source of data for Berlin model

Close
Dublin , Ireland
-₽9001
-₽4849
-₽4849
-₽9898
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
9 891
social contributions
-
-
-
5 008
total
-
-
-
14 899
Employee
73 396
-
63 500
-
income
13 850
-
9 891
-
social contributions
6 098
-
5 008
-
total
19 948
-
14 899
-
Employer
73 396
-
63 500
-
total
-
-
-
-
Corporate
-
63 500
-
-
income
-
7 938
-
-
total
-
7 938
-
-
Dividends
-
55 562
-
-
withholding
-
11 113
-
-
total
-
11 113
-
-
Income
63 500
63 500
63 500
63 500
Total tax
19 948
19 051
14 899
14 899
After tax
43 552
44 449
48 601
48 601
Living cost
53 450
53 450
53 450
53 450
Free-cash
-9 898
-9 001
-4 849
-4 849

Estimated living cost  is ₽53450 per week

₽40664
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4355
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽511
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7920
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽2256
₽12103
-₽2957
₽7691
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We use The Residence Programme or The Global Residence Programme.

-
-
-
63 500
income
-
-
-
26 709
health

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

-
-
-
5 687
total
-
-
-
32 396
Employee
43 044
-
59 184
-
income
4 671
-
8 704
-
social contributions
4 313
-
4 316
-
total
8 984
-
13 020
-
Employer
43 044
-
59 184
-
social contributions
4 313
-
4 316
-
total
4 313
-
4 316
-
Corporate
16 143
63 500
-
-
income
5 650
22 226
-
-
total
5 650
22 226
-
-
Dividends
10 494
41 274
-
-
social contributions
2 801
4 957
-
-
total
2 801
4 957
-
-
Income
63 500
63 500
63 500
63 500
Total tax
21 748
27 183
17 336
32 396
After tax
41 752
36 317
46 164
31 104
Living cost
34 061
34 061
34 061
34 061
Free-cash
7 691
2 256
12 103
-2 957

Estimated living cost  is ₽34061 per week

₽22436
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2685
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽522
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8417
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽12762
₽5929
₽12666
₽7472
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
11 869
pensions
-
-
-
4 149
total
-
-
-
16 018
Employee
47 789
-
56 411
-
pensions
3 648
-
4 682
-
income
8 703
-
10 185
-
health
623
-
801
-
total
12 974
-
15 668
-
Employer
47 789
-
56 411
-
health
908
-
1 071
-
pensions
4 828
-
6 017
-
total
5 736
-
7 088
-
Corporate
9 974
63 500
-
-
income

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

1 895
12 065
-
-
total
1 895
12 065
-
-
Dividends
8 079
51 435
-
-
withholding
607
3 858
-
-
total
607
3 858
-
-
Income
63 500
63 500
63 500
63 500
Total tax
21 212
15 923
22 756
16 018
After tax
42 288
47 577
40 744
47 482
Living cost
34 815
34 815
34 815
34 815
Free-cash
7 472
12 762
5 929
12 666

Estimated living cost  is ₽34815 per week

₽23883
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3202
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.
₽7293
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽17538
₽10155
₽21102
₽1665
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
240
income
-
-
-
13 084
other
-
-
-
353
health
-
-
-
2 077
pensions
-
-
-
3 962
total
-
-
-
19 716
Employee
35 680
-
52 750
-
pensions
4 018
-
5 940
-
income
4 895
-
7 933
-
health
4 085
-
6 040
-
total
12 998
-
19 913
-
Employer
35 680
-
52 750
-
pensions
5 801
-
8 577
-
accident
596
-
881
-
unemployment
874
-
1 292
-
total
7 271
-
10 750
-
Corporate
20 549
63 500
-
-
income

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

18 494
57 150
-
-
total
18 494
57 150
-
-
Dividends
2 055
6 350
-
-
withholding
390
1 206
-
-
total
390
1 206
-
-
Income
63 500
63 500
63 500
63 500
Total tax
39 153
58 356
30 663
19 716
After tax
24 347
5 144
32 837
43 784
Living cost
22 682
22 682
22 682
22 682
Free-cash
1 665
-17 538
10 155
21 102

Estimated living cost  is ₽22682 per week

₽16646
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1322
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽457
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4257
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽41298
₽24430
₽24430
₽36735
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
63 500
income
-
-
-
8 930
unemployment
-
-
-
762
work injury
-
-
-
318
health insurance
-
-
-
4 699
pensions
-
-
-
11 684
total
-
-
-
26 393
Employee

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

20 283
-
63 500
-
health insurance
1 501
-
4 699
-
unemployment
243
-
762
-
work injury
101
-
318
-
pensions
3 732
-
11 684
-
income
2 028
-
8 930
-
total
7 605
-
26 393
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
43 217
63 500
-
-
income

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

-
-
-
-
total
-
-
-
-
Dividends
43 217
63 500
-
-
withholding
6 483
9 525
-
-
total
6 483
9 525
-
-
Income
63 500
63 500
63 500
63 500
Total tax
14 088
9 525
26 393
26 393
After tax
49 412
53 975
37 107
37 107
Living cost
12 677
12 677
12 677
12 677
Free-cash
36 735
41 298
24 430
24 430

Estimated living cost  is ₽12677 per week

₽7853
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽921
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽395
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3507
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Skopje model

Close
Rome , Italy
-₽3933
-₽6848
-₽3324
-₽15569
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
63 500
social contributions
-
-
-
16 332
regional
-
-
-
1 021
municipal
-
-
-
424
national
-
-
-
11 667
total
-
-
-
29 444
Employee
79 067
-
63 500
-
municipal
472
-
379
-
national
13 362
-
10 295
-
regional
1 194
-
882
-
social contributions
26 661
-
21 412
-
total
41 689
-
32 968
-
Employer
79 067
-
63 500
-
total
-
-
-
-
Corporate
-
63 500
-
-
municipal
-
3 061
-
-
nationa
-
15 240
-
-
total
-
18 301
-
-
Dividends
-
45 199
-
-
withholding
-
11 752
-
-
total
-
11 752
-
-
Income
63 500
63 500
63 500
63 500
Total tax
41 689
30 053
32 968
29 444
After tax
21 811
33 447
30 532
34 056
Living cost
37 380
37 380
37 380
37 380
Free-cash
-15 569
-3 933
-6 848
-3 324

Estimated living cost  is ₽37380 per week

₽26257
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2571
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽564
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7986
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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