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
₽ 64500
per

Your estimated
City
free-cash

Dresden , Germany
₽1941
₽13180
₽15387
₽18106
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
64 500
trade
-
-
-
2 719
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.

-
-
-
8 224
health

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

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

-
-
-
6 941
surtax

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

-
-
-
453
total
-
-
-
18 337
Employee

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

38 862
-
64 500
-
health

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

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

6 941
-
6 941
-
surtax

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

60
-
453
-
income

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

1 086
-
8 224
-
total
8 087
-
15 618
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
25 638
64 500
-
-
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
532
-
-
income
3 845
9 676
-
-
trade
4 038
10 160
-
-
chamber of commerce
191
247
-
-
total
8 286
20 615
-
-
Dividends
17 352
43 886
-
-
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.

218
582
-
-
withholding
3 953
10 586
-
-
total
4 171
11 168
-
-
Income
64 500
64 500
64 500
64 500
Total tax
20 544
31 783
15 618
18 337
After tax
43 956
32 717
48 882
46 163
Living cost
30 776
30 776
30 776
30 776
Free-cash
13 180
1 941
18 106
15 387

Estimated living cost  is ₽30776 per week

₽19359
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3588
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽575
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7254
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Dresden model

Close
Reykjavik , Iceland
-₽11019
-₽22185
-₽11163
-₽10657
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
64 500
municipal
-
-
-
6 261
pensions
-
-
-
7 740
national
-
-
-
9 702
social contributions
-
-
-
693
total
-
-
-
24 396
Employee
79 474
-
55 760
-
municipal
9 816
-
6 511
-
pensions
3 179
-
2 230
-
national
15 211
-
10 089
-
total
28 206
-
18 830
-
Employer
79 474
-
55 760
-
social contributions
854
-
599
-
pensions
6 358
-
4 461
-
total
7 212
-
5 060
-
Corporate
-
64 500
-
-
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%.

-
12 900
-
-
total
-
12 900
-
-
Dividends
-
51 600
-
-
withholding
-
11 352
-
-
total
-
11 352
-
-
Income
64 500
64 500
64 500
64 500
Total tax
35 418
24 252
23 890
24 396
After tax
29 082
40 248
40 610
40 104
Living cost
51 267
51 267
51 267
51 267
Free-cash
-22 185
-11 019
-10 657
-11 163

Estimated living cost  is ₽51267 per week

₽34846
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4766
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽767
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10888
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽30463
₽22127
₽30487
₽15641
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
64 500
microenterprise
-
-
-
9 676
income
-
-
-
-
surtax
-
-
-
-
social contributions

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

-
-
-
3 199
total
-
-
-
12 875
Employee
29 690
-
51 978
-
social contributions

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

3 266
-
5 717
-
surtax
-
-
-
-
income
5 285
-
9 482
-
total
8 551
-
15 199
-
Employer
29 690
-
51 978
-
social contributions

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

7 152
-
12 522
-
surtax
-
-
-
-
total
7 152
-
12 522
-
Corporate
27 659
64 500
-
-
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%.

5 532
12 899
-
-
total
5 532
12 899
-
-
Dividends

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

22 127
51 601
-
-
total
-
-
-
-
Income
64 500
64 500
64 500
64 500
Total tax
21 235
12 899
27 721
12 875
After tax
43 265
51 601
36 779
51 625
Living cost
21 138
21 138
21 138
21 138
Free-cash
22 127
30 463
15 641
30 487

Estimated living cost  is ₽21138 per week

₽13486
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2013
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽480
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5160
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Riga model

Close
Rotterdam , Netherlands
-₽30693
-₽36396
-₽5746
-₽36396
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
64 500
income
-
-
-
6 171
pensions
-
-
-
11 610
health
-
-
-
9 901
total
-
-
-
27 682
Employee
86 768
86 768
86 768
-
health
13 318
11 328
13 318
-
income

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

14 202
14 202
14 202
-
pensions
15 618
11 905
15 618
-
total
43 138
37 435
43 138
-
Employer
86 768
86 768
86 768
-
unemployment
3 124
3 124
3 124
-
pensions
6 039
6 039
6 039
-
health
6 031
6 031
6 031
-
total
15 194
15 194
15 194
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
64 500
64 500
64 500
64 500
Total tax
58 332
52 629
58 332
27 682
After tax
6 168
11 871
6 168
36 818
Living cost
42 564
42 564
42 564
42 564
Free-cash
-36 396
-30 693
-36 396
-5 746

Estimated living cost  is ₽42564 per week

₽30164
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3837
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽677
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7886
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rotterdam model

Close
Stockholm , Sweden
-₽3925
-₽8798
-₽6990
-₽4697
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
64 500
municipal
-
-
-
13 662
accident
-
-
-
129
pensions
-
-
-
6 972
other
-
-
-
7 495
unemployment
-
-
-
65
health
-
-
-
4 025
national
-
-
-
-
total
-
-
-
32 348
Employee
55 773
-
49 079
-
municipal
16 632
-
14 635
-
national
-
-
-
-
total
16 632
-
14 635
-
Employer
55 773
-
49 079
-
accident
112
-
98
-
other
6 481
-
5 703
-
unemployment
1 472
-
1 296
-
pensions
6 029
-
5 305
-
health
3 430
-
3 018
-
total
17 524
-
15 420
-
Corporate
-
64 500
-
-
income
-
14 190
-
-
total
-
14 190
-
-
Dividends
-
50 310
-
-
withholding
-
15 093
-
-
total
-
15 093
-
-
Income
64 500
64 500
64 500
64 500
Total tax
34 156
29 283
30 055
32 348
After tax
30 344
35 217
34 445
32 152
Living cost
39 142
39 142
39 142
39 142
Free-cash
-8 798
-3 925
-4 697
-6 990

Estimated living cost  is ₽39142 per week

₽25941
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3841
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽594
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8765
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽7530
₽6750
₽6127
₽8967
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
64 500
trade
-
-
-
2 840
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.

-
-
-
8 224
health

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

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

-
-
-
6 941
surtax

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

-
-
-
453
total
-
-
-
18 458
Employee

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

51 527
-
64 500
-
health

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

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

6 941
-
6 941
-
surtax

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

243
-
453
-
income

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

4 427
-
8 224
-
total
11 611
-
15 618
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
12 973
64 500
-
-
surtax

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

106
532
-
-
income
1 946
9 676
-
-
trade
2 134
10 611
-
-
chamber of commerce
174
247
-
-
total
4 360
21 066
-
-
Dividends
8 614
43 435
-
-
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.

96
577
-
-
withholding
1 768
10 472
-
-
total
1 864
11 049
-
-
Income
64 500
64 500
64 500
64 500
Total tax
17 835
32 115
15 618
18 458
After tax
46 665
32 385
48 882
46 042
Living cost
39 915
39 915
39 915
39 915
Free-cash
6 750
-7 530
8 967
6 127

Estimated living cost  is ₽39915 per week

₽26696
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4209
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽596
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8415
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽8568
₽10257
₽16799
₽11924
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
64 500
income
-
-
-
3 039
health
-
-
-
1 645
social contributions
-
-
-
10 061
total
-
-
-
14 745
Employee
78 130
78 130
78 130
-
social contributions
3 797
6 484
4 861
-
health
777
1 329
995
-
income
8 204
7 233
7 819
-
total
12 778
15 046
13 675
-
Employer
78 130
78 130
78 130
-
social contributions
3 797
6 484
4 861
-
health
846
1 446
1 084
-
total
4 643
7 930
5 945
-
Corporate
14 123
-
-
-
income
1 766
-
-
-
total
1 766
-
-
-
Dividends
12 357
-
-
-
withholding
2 100
-
-
-
total
2 100
-
-
-
Income
64 500
64 500
64 500
64 500
Total tax
21 287
22 976
19 620
14 745
After tax
43 213
41 524
44 880
49 755
Living cost
32 956
32 956
32 956
32 956
Free-cash
10 257
8 568
11 924
16 799

Estimated living cost  is ₽32956 per week

₽22529
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2574
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽553
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7300
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Limassol model

Close
Budapest , Hungary
₽18069
₽18454
₽26280
₽18990
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
64 500
income
-
-
-
7 885
pensions
-
-
-
6 450
unemployment
-
-
-
968
health
-
-
-
4 515
total
-
-
-
19 818
Employee

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

The minimum wage is 138,000 HUF per month.

26 564
10 572
53 975
-
health
1 859
740
3 778
-
income
3 247
1 292
6 598
-
pensions
2 656
1 057
5 397
-
unemployment
398
159
810
-
total
8 160
3 248
16 583
-
Employer

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

The minimum wage is 138,000 HUF per month.

26 564
10 572
53 975
-
pensions
5 180
2 062
10 525
-
total
5 180
2 062
10 525
-
Corporate
32 756
51 866
-
-
income
2 948
4 668
-
-
total
2 948
4 668
-
-
Dividends
29 808
47 198
-
-
social contributions
5 692
9 083
-
-
withholding
5 664
8 968
-
-
total
11 356
18 051
-
-
Income
64 500
64 500
64 500
64 500
Total tax
27 644
28 029
27 108
19 818
After tax
36 856
36 471
37 392
44 682
Living cost
18 402
18 402
18 402
18 402
Free-cash
18 454
18 069
18 990
26 280

Estimated living cost  is ₽18402 per week

₽12558
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1506
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽368
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3971
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Budapest model

Close
Tallinn , Estonia
₽27059
₽20746
₽10627
₽12870
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
64 500
income
-
-
-
8 046
pensions
-
-
-
12 899
health
-
-
-
8 386
total
-
-
-
29 331
Employee
28 824
-
48 207
-
income
3 245
-
9 059
-
pensions
577
-
964
-
unemployment
461
-
771
-
total
4 283
-
10 794
-
Employer
28 824
-
48 207
-
unemployment
231
-
386
-
pensions
5 765
-
9 641
-
health
3 746
-
6 267
-
total
9 742
-
16 294
-
Corporate
25 933
64 500
-
-
income
5 187
12 899
-
-
total
5 187
12 899
-
-
Dividends
20 746
51 601
-
-
total
-
-
-
-
Income
64 500
64 500
64 500
64 500
Total tax
19 212
12 899
27 088
29 331
After tax
45 288
51 601
37 412
35 169
Living cost
24 542
24 542
24 542
24 542
Free-cash
20 746
27 059
12 870
10 627

Estimated living cost  is ₽24542 per week

₽16833
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1462
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽494
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5754
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Tallinn model

Close
Gdansk , Poland
-₽16965
₽1820
₽22309
₽11387
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
64 500
accident
-
-
-
255
income
-
-
-
12 975
pensions
-
-
-
4 197
other
-
-
-
374
health
-
-
-
2 200
total
-
-
-
20 001
Employee
34 905
-
53 580
-
health
3 997
-
6 135
-
income
4 789
-
7 835
-
pensions
3 930
-
6 033
-
total
12 716
-
20 003
-
Employer
34 905
-
53 580
-
accident
583
-
895
-
unemployment
855
-
1 313
-
pensions
5 676
-
8 712
-
total
7 114
-
10 920
-
Corporate
22 481
64 500
-
-
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.

20 233
58 050
-
-
total
20 233
58 050
-
-
Dividends
2 248
6 450
-
-
withholding
427
1 225
-
-
total
427
1 225
-
-
Income
64 500
64 500
64 500
64 500
Total tax
40 490
59 275
30 923
20 001
After tax
24 010
5 225
33 577
44 499
Living cost
22 190
22 190
22 190
22 190
Free-cash
1 820
-16 965
11 387
22 309

Estimated living cost  is ₽22190 per week

₽16263
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1229
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽463
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4234
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽52013
₽50277
₽54593
₽42338
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
64 500
microenterprise

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

-
-
-
645
total
-
-
-
645
Employee
11 577
-
64 500
-
income
2 315
-
12 900
-
total
2 315
-
12 900
-
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%.

52 923
64 500
-
-
total
-
-
-
-
Dividends
52 923
64 500
-
-
withholding
2 646
3 225
-
-
total
2 646
3 225
-
-
Income
64 500
64 500
64 500
64 500
Total tax
4 961
3 225
12 900
645
After tax
59 539
61 275
51 600
63 855
Living cost
9 262
9 262
9 262
9 262
Free-cash
50 277
52 013
42 338
54 593

Estimated living cost  is ₽9262 per week

₽5740
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽770
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽255
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2498
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽20314
₽13454
₽7852
₽10731
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
64 500
income
-
-
-
8 193
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.

-
-
-
15 479
other
-
-
-
3 064
health
-
-
-
2 838
total
-
-
-
29 574
Employee
36 892
-
51 516
-
health
517
-
721
-
income
6 351
-
8 868
-
pensions

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

2 582
-
3 608
-
unemployment
368
-
515
-
total
9 818
-
13 712
-
Employer
36 892
-
51 516
-
accident
295
-
413
-
other
1 845
-
2 576
-
unemployment
368
-
515
-
pensions

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

6 272
-
8 758
-
health
517
-
721
-
total
9 297
-
12 983
-
Corporate
18 310
64 500
-
-
income
3 845
13 545
-
-
total
3 845
13 545
-
-
Dividends
14 465
50 955
-
-
withholding
1 012
3 567
-
-
total
1 012
3 567
-
-
Income
64 500
64 500
64 500
64 500
Total tax
23 972
17 112
26 695
29 574
After tax
40 528
47 388
37 805
34 926
Living cost
27 074
27 074
27 074
27 074
Free-cash
13 454
20 314
10 731
7 852

Estimated living cost  is ₽27074 per week

₽19129
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1828
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽436
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5680
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Bratislava model

Close
London , United Kingdom
-₽20071
-₽45536
-₽20075
-₽26787
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
64 500
income
-
-
-
12 081
pensions
-
-
-
4 097
total
-
-
-
16 178
Employee
96 771
-
57 414
-
health
1 595
-
788
-
income
17 444
-
10 403
-
pensions
9 336
-
4 613
-
total
28 375
-
15 804
-
Employer
96 771
-
57 414
-
pensions
11 426
-
5 996
-
health
1 838
-
1 090
-
total
13 264
-
7 086
-
Corporate
-
64 500
-
-
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.

-
12 255
-
-
total
-
12 255
-
-
Dividends
-
52 245
-
-
withholding
-
3 919
-
-
total
-
3 919
-
-
Income
64 500
64 500
64 500
64 500
Total tax
41 639
16 174
22 890
16 178
After tax
22 861
48 326
41 610
48 322
Living cost
68 397
68 397
68 397
68 397
Free-cash
-45 536
-20 071
-26 787
-20 075

Estimated living cost  is ₽68397 per week

₽51251
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽8036
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽556
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8554
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽41826
₽37106
₽32026
₽33322
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
64 500
income
-
-
-
9 675
pensions

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

-
-
-
5 253
unemployment
-
-
-
142
health
-
-
-
4 082
total
-
-
-
19 152
Employee
17 640
-
57 537
-
health
811
-
1 633
-
accident

We are using the highest rate at 1.1%.

194
-
390
-
income
1 764
-
5 754
-
pensions

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

1 549
-
3 116
-
total
4 318
-
10 893
-
Employer
17 640
-
57 537
-
accident

We are using the highest rate at 1.1%.

194
-
390
-
unemployment
105
-
213
-
pensions

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

1 944
-
3 911
-
health
1 218
-
2 449
-
total
3 461
-
6 963
-
Corporate
43 398
64 500
-
-
income
4 340
6 450
-
-
total
4 340
6 450
-
-
Dividends
39 058
58 050
-
-
withholding
1 953
2 902
-
-
total
1 953
2 902
-
-
Income
64 500
64 500
64 500
64 500
Total tax
14 072
9 352
17 856
19 152
After tax
50 428
55 148
46 644
45 348
Living cost
13 322
13 322
13 322
13 322
Free-cash
37 106
41 826
33 322
32 026

Estimated living cost  is ₽13322 per week

₽7778
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽951
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽353
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4240
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Varna model

Close
Amsterdam , Netherlands
-₽44471
-₽46195
-₽19524
-₽50174
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
64 500
income
-
-
-
6 171
pensions
-
-
-
11 610
health
-
-
-
9 901
total
-
-
-
27 682
Employee
94 202
86 768
86 768
-
health
11 752
11 328
13 318
-
income

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

14 202
14 202
14 202
-
pensions
11 905
11 905
15 618
-
total
37 859
37 435
43 138
-
Employer
94 202
86 768
86 768
-
unemployment
3 392
3 124
3 124
-
pensions
6 556
6 039
6 039
-
health
6 546
6 031
6 031
-
total
16 494
15 194
15 194
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
64 500
64 500
64 500
64 500
Total tax
54 353
52 629
58 332
27 682
After tax
10 147
11 871
6 168
36 818
Living cost
56 342
56 342
56 342
56 342
Free-cash
-46 195
-44 471
-50 174
-19 524

Estimated living cost  is ₽56342 per week

₽41562
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽5033
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽646
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9103
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Amsterdam model

Close
Brno , Czech Republic
₽20134
₽11474
₽7140
₽8457
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
64 500
income
-
-
-
5 544
health
-
-
-
8 708
solidarity contribution
-
-
-
-
social contributions
-
-
-
18 834
total
-
-
-
33 086
Employee
35 696
-
48 134
-
social contributions
2 320
-
3 129
-
health
4 819
-
6 498
-
solidarity contribution
-
-
-
-
income
4 284
-
5 776
-
total
11 423
-
15 403
-
Employer
35 696
-
48 134
-
social contributions
8 924
-
12 034
-
health
3 213
-
4 332
-
total
12 137
-
16 366
-
Corporate
16 667
64 500
-
-
income
3 167
12 255
-
-
total
3 167
12 255
-
-
Dividends
13 500
52 245
-
-
withholding
2 025
7 837
-
-
total
2 025
7 837
-
-
Income
64 500
64 500
64 500
64 500
Total tax
28 752
20 092
31 769
33 086
After tax
35 748
44 408
32 731
31 414
Living cost
24 274
24 274
24 274
24 274
Free-cash
11 474
20 134
8 457
7 140

Estimated living cost  is ₽24274 per week

₽16861
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1727
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5209
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Brno model

Close
Milan , Italy
-₽8461
-₽25801
-₽7784
-₽11424
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
64 500
municipal
-
-
-
384
regional
-
-
-
657
national
-
-
-
11 779
social contributions
-
-
-
16 590
total
-
-
-
29 410
Employee
90 301
-
64 500
-
social contributions
30 450
-
21 750
-
regional
852
-
574
-
municipal
478
-
341
-
national
15 647
-
10 385
-
total
47 427
-
33 050
-
Employer
90 301
-
64 500
-
total
-
-
-
-
Corporate
-
64 500
-
-
nationa
-
15 479
-
-
municipal
-
2 516
-
-
total
-
17 995
-
-
Dividends
-
46 504
-
-
withholding
-
12 092
-
-
total
-
12 092
-
-
Income
64 500
64 500
64 500
64 500
Total tax
47 427
30 087
33 050
29 410
After tax
17 073
34 413
31 450
35 090
Living cost
42 874
42 874
42 874
42 874
Free-cash
-25 801
-8 461
-11 424
-7 784

Estimated living cost  is ₽42874 per week

₽29887
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2811
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽658
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9517
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Milan model

Close
Thessaloniki , Greece
₽18151
₽14987
₽13522
₽12117
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
64 500
income
-
-
-
10 098
pensions
-
-
-
12 899
other
-
-
-
-
unemployment
-
-
-
231
health
-
-
-
4 579
surtax
-
-
-
750
total
-
-
-
28 557
Employee
33 601
-
53 284
-
other
-
-
-
-
health
858
-
1 359
-
surtax
110
-
644
-
income
5 632
-
9 481
-
pensions
2 241
-
3 554
-
unemployment
2 339
-
3 708
-
total
11 180
-
18 746
-
Employer
33 601
-
53 284
-
other
-
-
-
-
unemployment
1 064
-
1 689
-
pensions
4 479
-
7 103
-
health
1 529
-
2 424
-
total
7 072
-
11 216
-
Corporate
23 827
64 500
-
-
income
6 195
16 769
-
-
total
6 195
16 769
-
-
Dividends
17 632
47 731
-
-
withholding
2 645
7 159
-
-
total
2 645
7 159
-
-
Income
64 500
64 500
64 500
64 500
Total tax
27 092
23 928
29 962
28 557
After tax
37 408
40 572
34 538
35 943
Living cost
22 421
22 421
22 421
22 421
Free-cash
14 987
18 151
12 117
13 522

Estimated living cost  is ₽22421 per week

₽13709
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2069
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽517
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6126
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Thessaloniki model

Close
Cambridge , United Kingdom
₽1599
-₽8605
₽1595
-₽5117
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
64 500
income
-
-
-
12 081
pensions
-
-
-
4 097
total
-
-
-
16 178
Employee
64 853
-
57 414
-
health
941
-
788
-
income
11 680
-
10 403
-
pensions
5 505
-
4 613
-
total
18 126
-
15 804
-
Employer
64 853
-
57 414
-
pensions
7 020
-
5 996
-
health
1 232
-
1 090
-
total
8 252
-
7 086
-
Corporate
-
64 500
-
-
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.

-
12 255
-
-
total
-
12 255
-
-
Dividends
-
52 245
-
-
withholding
-
3 919
-
-
total
-
3 919
-
-
Income
64 500
64 500
64 500
64 500
Total tax
26 378
16 174
22 890
16 178
After tax
38 122
48 326
41 610
48 322
Living cost
46 727
46 727
46 727
46 727
Free-cash
-8 605
1 599
-5 117
1 595

Estimated living cost  is ₽46727 per week

₽35007
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3502
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽489
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7728
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽48132
-₽34996
-₽23060
-₽26355
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
64 500
city
-
-
-
678
pensions
-
-
-
5 933
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.

-
-
-
1 290
regional
-
-
-
1 563
health
-
-
-
253
national
-
-
-
217
total
-
-
-
9 934
Employee
90 843
-
57 731
-
city
975
-
620
-
regional
2 975
-
1 318
-
health
205
-
130
-
pensions
7 632
-
4 849
-
unemployment
-
-
-
-
national
430
-
179
-
total
12 217
-
7 096
-
Employer
90 843
-
57 731
-
other

This will depend on a canton and a chosen fund. The rate is between 0.1% and 3.63% for an employee. We use 2% as an average rate.

1 816
-
1 154
-
unemployment
-
-
-
-
pensions
7 632
-
4 849
-
health
205
-
130
-
total
9 653
-
6 133
-
Corporate
-
64 500
-
-
regional
-
13 641
-
-
national
-
5 483
-
-
total
-
19 124
-
-
Dividends
-
45 376
-
-
withholding
-
15 882
-
-
total
-
15 882
-
-
Income
64 500
64 500
64 500
64 500
Total tax
21 870
35 006
13 229
9 934
After tax
42 630
29 494
51 271
54 566
Living cost
77 626
77 626
77 626
77 626
Free-cash
-34 996
-48 132
-26 355
-23 060

Estimated living cost  is ₽77626 per week

₽50479
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6966
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽953
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽19228
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽14492
₽1985
-₽624
₽2336
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
64 500
trade
-
-
-
2 960
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.

-
-
-
8 224
health

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

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

-
-
-
6 941
surtax

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

-
-
-
453
total
-
-
-
18 578
Employee

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

61 064
-
64 500
-
health

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

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

6 941
-
6 941
-
surtax

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

395
-
453
-
income

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

7 181
-
8 224
-
total
14 517
-
15 618
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
3 436
64 500
-
-
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.

29
532
-
-
income
515
9 676
-
-
trade
590
11 062
-
-
chamber of commerce
160
245
-
-
total
1 294
21 515
-
-
Dividends
2 143
42 985
-
-
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.

8
571
-
-
withholding
150
10 360
-
-
total
158
10 931
-
-
Income
64 500
64 500
64 500
64 500
Total tax
15 969
32 446
15 618
18 578
After tax
48 531
32 054
48 882
45 922
Living cost
46 546
46 546
46 546
46 546
Free-cash
1 985
-14 492
2 336
-624

Estimated living cost  is ₽46546 per week

₽33996
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3723
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽605
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8224
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽2253
₽3747
₽3750
₽4182
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
64 500
income
-
-
-
3 193
pensions
-
-
-
18 399
other
-
-
-
2 000
health
-
-
-
557
surtax
-
-
-
-
social contributions
-
-
-
1 838
total
-
-
-
25 987
Employee
43 486
-
49 150
-
social contributions
1 240
-
1 400
-
surtax
-
-
-
-
income
2 566
-
3 251
-
pensions
4 917
-
5 559
-
total
8 723
-
10 210
-
Employer
43 486
-
49 150
-
other
1 500
-
1 695
-
social contributions
131
-
147
-
unemployment
1 760
-
1 990
-
pensions
7 144
-
8 073
-
health
3 045
-
3 440
-
total
13 580
-
15 345
-
Corporate
7 434
64 500
-
-
surtax
-
-
-
-
income
2 082
18 059
-
-
total
2 082
18 059
-
-
Dividends
5 352
46 441
-
-
surtax
-
-
-
-
social contributions
920
7 986
-
-
withholding
685
5 945
-
-
total
1 605
13 931
-
-
Income
64 500
64 500
64 500
64 500
Total tax
25 990
31 990
25 555
25 987
After tax
38 510
32 510
38 945
38 513
Living cost
34 763
34 763
34 763
34 763
Free-cash
3 747
-2 253
4 182
3 750

Estimated living cost  is ₽34763 per week

₽21919
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2827
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽592
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9427
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Nice model

Close
Marseille , France
₽1191
₽6836
₽7194
₽7626
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
64 500
income
-
-
-
3 193
pensions
-
-
-
18 399
other
-
-
-
2 000
health
-
-
-
557
surtax
-
-
-
-
social contributions
-
-
-
1 838
total
-
-
-
25 987
Employee
38 817
-
49 150
-
social contributions
1 107
-
1 400
-
surtax
-
-
-
-
income
2 001
-
3 251
-
pensions
4 390
-
5 559
-
total
7 498
-
10 210
-
Employer
38 817
-
49 150
-
other
1 340
-
1 695
-
social contributions
116
-
147
-
unemployment
1 571
-
1 990
-
pensions
6 378
-
8 073
-
health
2 717
-
3 440
-
total
12 122
-
15 345
-
Corporate
13 560
64 500
-
-
surtax
-
-
-
-
income
3 797
18 059
-
-
total
3 797
18 059
-
-
Dividends
9 764
46 441
-
-
surtax
-
-
-
-
social contributions
1 679
7 986
-
-
withholding
1 249
5 945
-
-
total
2 928
13 931
-
-
Income
64 500
64 500
64 500
64 500
Total tax
26 345
31 990
25 555
25 987
After tax
38 155
32 510
38 945
38 513
Living cost
31 319
31 319
31 319
31 319
Free-cash
6 836
1 191
7 626
7 194

Estimated living cost  is ₽31319 per week

₽18163
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3181
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽594
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9381
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽17805
₽18335
₽19877
₽16895
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
64 500
income
-
-
-
9 676
health
-
-
-
4 502
social contributions
-
-
-
8 900
total
-
-
-
23 078
Employee
34 451
-
64 500
-
social contributions
4 755
-
8 900
-
health
2 404
-
4 502
-
income
5 746
-
12 658
-
total
12 905
-
26 060
-
Employer
34 451
-
64 500
-
total
-
-
-
-
Corporate
30 049
64 500
-
-
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%.

1 502
3 226
-
-
total
1 502
3 226
-
-
Dividends
28 547
61 274
-
-
health
1 992
4 277
-
-
social contributions
3 939
8 455
-
-
withholding
4 282
9 192
-
-
total
10 213
21 924
-
-
Income
64 500
64 500
64 500
64 500
Total tax
24 620
25 150
26 060
23 078
After tax
39 880
39 350
38 440
41 422
Living cost
21 545
21 545
21 545
21 545
Free-cash
18 335
17 805
16 895
19 877

Estimated living cost  is ₽21545 per week

₽14419
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1329
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽496
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5301
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽976
-₽2054
-₽577
-₽11973
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
64 500
chamber of commerce
-
-
-
258
income
-
-
-
5 717
pensions
-
-
-
11 933
unemployment
-
-
-
6 232
health
-
-
-
4 934
surtax
-
-
-
201
total
-
-
-
29 275
Employee
50 778
40 492
49 927
-
other
507
405
499
-
health
1 965
1 568
1 932
-
income
5 781
2 987
5 538
-
pensions
5 200
4 146
5 112
-
unemployment
1 523
1 215
1 498
-
total
14 976
10 321
14 579
-
Employer
50 778
40 492
49 927
-
accident
659
526
650
-
other
2 412
1 922
2 372
-
chamber of commerce
202
162
201
-
unemployment
1 523
1 215
1 498
-
surtax
201
201
201
-
pensions
6 373
5 083
6 267
-
payroll
1 523
1 215
1 498
-
health
1 919
1 531
1 888
-
total
14 812
11 855
14 575
-
Corporate
3 856
12 154
46 071
-
income

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

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

964
3 039
11 517
-
total
964
3 039
11 517
-
Dividends
-
9 115
-
-
withholding
-
2 507
-
-
total
-
2 507
-
-
Income
64 500
64 500
64 500
64 500
Total tax
30 752
27 722
40 671
29 275
After tax
33 748
36 778
23 829
35 225
Living cost
35 802
35 802
35 802
35 802
Free-cash
-2 054
976
-11 973
-577

Estimated living cost  is ₽35802 per week

₽23878
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3054
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽588
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8281
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

As a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit), you can apply for permanent residence when your business creates macroeconomic benefit. This could be an investment starting from €100,000, creating new jobs or securing existing ones, or making a substantial contribution to the region's economy. You can also be considered with a transfer of know-how to Austria or an evident commitment to develop an innovative product or technology.

Source of data for Vienna model

Close
Brussels , Belgium
-₽736
-₽29337
-₽3303
-₽9763
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
64 500
national
-
-
-
19 312
communal

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

-
-
-
3 386
social contributions
-
-
-
8 058
total
-
-
-
30 756
Employee

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

72 680
-
49 956
-
communal

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

3 791
-
2 605
-
health

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

3 415
-
2 349
-
pensions

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

5 451
-
3 746
-
unemployment

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

632
-
434
-
national
22 345
-
13 539
-
total
35 634
-
22 673
-
Employer

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

72 680
-
49 956
-
accident

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

945
-
650
-
unemployment

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

1 060
-
729
-
surtax
8 241
-
5 665
-
pensions

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

6 440
-
4 425
-
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.

4 470
-
3 074
-
total
21 156
-
14 543
-
Corporate
-
64 500
-
-
surtax
-
258
-
-
income
-
12 899
-
-
total
-
13 157
-
-
Dividends
-
51 342
-
-
withholding

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

-
15 032
-
-
total
-
15 032
-
-
Income
64 500
64 500
64 500
64 500
Total tax
56 790
28 189
37 216
30 756
After tax
7 710
36 311
27 284
33 744
Living cost
37 047
37 047
37 047
37 047
Free-cash
-29 337
-736
-9 763
-3 303

Estimated living cost  is ₽37047 per week

₽23863
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3239
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽580
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9365
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Brussels model

Close
Barcelona , Spain
₽6848
-₽2198
-₽1551
-₽1094
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
64 500
accident
-
-
-
580
income
-
-
-
10 008
pensions
-
-
-
18 254
other
-
-
-
64
unemployment
-
-
-
451
total
-
-
-
29 357
Employee
50 577
-
48 909
-
other
50
-
48
-
income
10 671
-
10 205
-
pensions
2 377
-
2 298
-
unemployment
785
-
758
-
total
13 883
-
13 309
-
Employer
50 577
-
48 909
-
accident
1 001
-
968
-
other
403
-
391
-
unemployment
2 782
-
2 690
-
pensions
11 935
-
11 542
-
total
16 121
-
15 591
-
Corporate
-
64 500
-
-
income

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

-
9 676
-
-
total
-
9 676
-
-
Dividends
-
54 824
-
-
withholding
-
11 282
-
-
total
-
11 282
-
-
Income
64 500
64 500
64 500
64 500
Total tax
30 004
20 958
28 900
29 357
After tax
34 496
43 542
35 600
35 143
Living cost
36 694
36 694
36 694
36 694
Free-cash
-2 198
6 848
-1 094
-1 551

Estimated living cost  is ₽36694 per week

₽27021
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2603
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽528
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6540
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Barcelona model

Close
Luxembourg , Luxembourg
-₽14892
-₽21638
-₽13065
-₽11806
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
64 500
accident
-
-
-
580
income
-
-
-
3 199
pensions
-
-
-
10 320
health
-
-
-
4 836
surtax
-
-
-
3 413
communal
-
-
-
-
total
-
-
-
22 348
Employee
76 946
-
57 615
-
health
3 424
-
2 564
-
surtax
4 716
-
3 530
-
income
7 432
-
3 502
-
pensions
6 155
-
4 608
-
total
21 727
-
14 204
-
Employer
76 946
-
57 615
-
accident
692
-
519
-
pensions
6 155
-
4 608
-
health
2 347
-
1 758
-
total
9 194
-
6 885
-
Corporate
-
64 500
-
-
surtax
-
677
-
-
communal
-
4 354
-
-
income
-
9 676
-
-
total
-
14 707
-
-
Dividends
-
49 794
-
-
income
-
1 998
-
-
withholding
-
7 470
-
-
total
-
9 468
-
-
Income
64 500
64 500
64 500
64 500
Total tax
30 921
24 175
21 089
22 348
After tax
33 579
40 325
43 411
42 152
Living cost
55 217
55 217
55 217
55 217
Free-cash
-21 638
-14 892
-11 806
-13 065

Estimated living cost  is ₽55217 per week

₽41421
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3345
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽584
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9865
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽17750
₽14517
₽13121
₽11716
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
64 500
income
-
-
-
10 098
pensions
-
-
-
12 899
other
-
-
-
-
unemployment
-
-
-
231
health
-
-
-
4 579
surtax
-
-
-
750
total
-
-
-
28 557
Employee
34 217
-
53 284
-
other
-
-
-
-
health
873
-
1 359
-
surtax
121
-
644
-
income
5 736
-
9 481
-
pensions
2 283
-
3 554
-
unemployment
2 381
-
3 708
-
total
11 394
-
18 746
-
Employer
34 217
-
53 284
-
other
-
-
-
-
unemployment
1 086
-
1 689
-
pensions
4 562
-
7 103
-
health
1 556
-
2 424
-
total
7 204
-
11 216
-
Corporate
23 079
64 500
-
-
income
6 000
16 769
-
-
total
6 000
16 769
-
-
Dividends
17 078
47 731
-
-
withholding
2 563
7 159
-
-
total
2 563
7 159
-
-
Income
64 500
64 500
64 500
64 500
Total tax
27 161
23 928
29 962
28 557
After tax
37 339
40 572
34 538
35 943
Living cost
22 822
22 822
22 822
22 822
Free-cash
14 517
17 750
11 716
13 121

Estimated living cost  is ₽22822 per week

₽13779
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1984
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽530
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6531
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Athens model

Close
Naples , Italy
₽6531
₽4276
₽7403
₽3784
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
64 500
municipal
-
-
-
384
regional
-
-
-
973
national
-
-
-
11 779
social contributions
-
-
-
16 590
total
-
-
-
29 726
Employee
56 363
-
64 500
-
social contributions
19 006
-
21 750
-
regional
759
-
869
-
municipal
299
-
341
-
national
8 929
-
10 385
-
total
28 993
-
33 345
-
Employer
56 363
-
64 500
-
total
-
-
-
-
Corporate
8 137
64 500
-
-
nationa
1 953
15 479
-
-
municipal
405
3 207
-
-
total
2 358
18 686
-
-
Dividends
5 779
45 814
-
-
withholding
1 502
11 912
-
-
total
1 502
11 912
-
-
Income
64 500
64 500
64 500
64 500
Total tax
32 853
30 598
33 345
29 726
After tax
31 647
33 902
31 155
34 774
Living cost
27 371
27 371
27 371
27 371
Free-cash
4 276
6 531
3 784
7 403

Estimated living cost  is ₽27371 per week

₽17022
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2773
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽469
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7107
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Naples model

Close
Prague , Czech Republic
₽14497
₽3827
₽1503
₽2820
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
64 500
income
-
-
-
5 544
health
-
-
-
8 708
solidarity contribution
-
-
-
-
social contributions
-
-
-
18 834
total
-
-
-
33 086
Employee
43 987
-
48 134
-
social contributions
2 859
-
3 129
-
health
5 938
-
6 498
-
solidarity contribution
-
-
-
-
income
5 278
-
5 776
-
total
14 075
-
15 403
-
Employer
43 987
-
48 134
-
social contributions
10 997
-
12 034
-
health
3 959
-
4 332
-
total
14 956
-
16 366
-
Corporate
5 557
64 500
-
-
income
1 056
12 255
-
-
total
1 056
12 255
-
-
Dividends
4 501
52 245
-
-
withholding
675
7 837
-
-
total
675
7 837
-
-
Income
64 500
64 500
64 500
64 500
Total tax
30 762
20 092
31 769
33 086
After tax
33 738
44 408
32 731
31 414
Living cost
29 911
29 911
29 911
29 911
Free-cash
3 827
14 497
2 820
1 503

Estimated living cost  is ₽29911 per week

₽22244
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1657
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽517
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5493
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Prague model

Close
Graz , Austria
₽4473
₽3973
₽3010
-₽8540
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
64 500
chamber of commerce
-
-
-
258
income
-
-
-
5 717
pensions
-
-
-
11 933
unemployment
-
-
-
6 232
health
-
-
-
4 934
surtax
-
-
-
-
total
-
-
-
29 074
Employee
44 415
40 492
50 085
-
other
443
405
501
-
health
1 718
1 568
1 938
-
income
3 957
2 987
5 582
-
pensions
4 549
4 146
5 129
-
unemployment
1 332
1 215
1 502
-
total
11 999
10 321
14 652
-
Employer
44 415
40 492
50 085
-
accident
577
526
652
-
other
2 109
1 922
2 379
-
chamber of commerce
177
162
201
-
unemployment
1 332
1 215
1 502
-
surtax
-
-
-
-
pensions
5 574
5 083
6 286
-
payroll
1 332
1 215
1 502
-
health
1 679
1 531
1 893
-
total
12 780
11 654
14 415
-
Corporate
7 303
12 355
46 229
-
income

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

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

1 826
3 089
11 557
-
total
1 826
3 089
11 557
-
Dividends
5 477
9 266
-
-
withholding
1 506
2 547
-
-
total
1 506
2 547
-
-
Income
64 500
64 500
64 500
64 500
Total tax
28 111
27 611
40 624
29 074
After tax
36 389
36 889
23 876
35 426
Living cost
32 416
32 416
32 416
32 416
Free-cash
3 973
4 473
-8 540
3 010

Estimated living cost  is ₽32416 per week

₽19446
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3311
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽578
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9082
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽46842
₽44136
₽49422
₽37167
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
64 500
microenterprise

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

-
-
-
645
total
-
-
-
645
Employee
18 041
-
64 500
-
income
3 608
-
12 900
-
total
3 608
-
12 900
-
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%.

46 459
64 500
-
-
total
-
-
-
-
Dividends
46 459
64 500
-
-
withholding
2 323
3 225
-
-
total
2 323
3 225
-
-
Income
64 500
64 500
64 500
64 500
Total tax
5 931
3 225
12 900
645
After tax
58 569
61 275
51 600
63 855
Living cost
14 433
14 433
14 433
14 433
Free-cash
44 136
46 842
37 167
49 422

Estimated living cost  is ₽14433 per week

₽9767
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽606
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽484
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3576
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽17156
₽8656
₽7747
₽5894
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
64 500
income
-
-
-
11 279
pensions
-
-
-
11 779
unemployment
-
-
-
96
health
-
-
-
6 346
total
-
-
-
29 500
Employee

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

44 931
-
55 810
-
health
2 902
-
3 606
-
income
7 748
-
10 327
-
pensions
6 965
-
8 650
-
unemployment
64
-
79
-
total
17 679
-
22 662
-
Employer

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

44 931
-
55 810
-
unemployment
27
-
33
-
pensions
3 976
-
4 940
-
health
2 993
-
3 718
-
total
6 996
-
8 691
-
Corporate
12 574
64 500
-
-
income
2 389
12 255
-
-
total
2 389
12 255
-
-
Dividends
10 185
52 245
-
-
withholding
1 527
7 836
-
-
total
1 527
7 836
-
-
Income
64 500
64 500
64 500
64 500
Total tax
28 591
20 091
31 353
29 500
After tax
35 909
44 409
33 147
35 000
Living cost
27 253
27 253
27 253
27 253
Free-cash
8 656
17 156
5 894
7 747

Estimated living cost  is ₽27253 per week

₽18703
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1747
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽528
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6276
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Ljubljana model

Close
Oslo , Norway
-₽4651
-₽87177
₽682
₽7225
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
64 500
income
-
-
-
12 572
social contributions
-
-
-
7 353
total
-
-
-
19 925
Employee
62 937
-
-
-
social contributions
5 161
-
735
-
income
13 883
-
-
-
total
19 044
-
735
-
Employer
62 937
-
-
-
social contributions
88 740
-
12 647
-
total
88 740
-
12 647
-
Corporate
-
64 500
-
-
income
-
14 190
-
-
total
-
14 190
-
-
Dividends
-
50 310
-
-
income
-
11 068
-
-
total
-
11 068
-
-
Income
64 500
64 500
64 500
64 500
Total tax
107 784
25 258
13 382
19 925
After tax
-43 284
39 242
51 118
44 575
Living cost
43 893
43 893
43 893
43 893
Free-cash
-87 177
-4 651
7 225
682

Estimated living cost  is ₽43893 per week

₽28480
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4128
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.
₽10726
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽4817
₽3794
₽5114
₽3118
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
64 500
income
-
-
-
5 102
surtax
-
-
-
-
social contributions

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

-
-
-
22 413
total
-
-
-
27 515
Employee
46 731
-
52 121
-
social contributions
5 141
-
5 732
-
surtax
-
-
-
-
income
9 720
-
11 400
-
total
14 861
-
17 132
-
Employer
46 731
-
52 121
-
social contributions
11 099
-
12 379
-
total
11 099
-
12 379
-
Corporate
6 670
64 500
-
-
surtax
-
-
-
-
income
1 400
13 545
-
-
total
1 400
13 545
-
-
Dividends
5 271
50 955
-
-
withholding
1 475
14 267
-
-
total
1 475
14 267
-
-
Income
64 500
64 500
64 500
64 500
Total tax
28 835
27 812
29 511
27 515
After tax
35 665
36 688
34 989
36 985
Living cost
31 871
31 871
31 871
31 871
Free-cash
3 794
4 817
3 118
5 114

Estimated living cost  is ₽31871 per week

₽23846
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1880
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽532
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5613
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Lisbon model

Close
Paris , France
-₽16564
-₽19012
-₽10561
-₽10130
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
64 500
income
-
-
-
3 193
pensions
-
-
-
18 399
other
-
-
-
2 000
health
-
-
-
557
surtax
-
-
-
-
social contributions
-
-
-
1 838
total
-
-
-
25 987
Employee
63 638
-
49 150
-
social contributions
1 812
-
1 400
-
surtax
-
-
-
-
income
5 553
-
3 251
-
pensions
7 198
-
5 559
-
total
14 563
-
10 210
-
Employer
63 638
-
49 150
-
other
2 196
-
1 695
-
social contributions
191
-
147
-
unemployment
2 578
-
1 990
-
pensions
10 456
-
8 073
-
health
4 454
-
3 440
-
total
19 875
-
15 345
-
Corporate
-
64 500
-
-
surtax
-
-
-
-
income
-
18 059
-
-
total
-
18 059
-
-
Dividends
-
46 441
-
-
surtax
-
-
-
-
social contributions
-
7 986
-
-
withholding
-
5 945
-
-
total
-
13 931
-
-
Income
64 500
64 500
64 500
64 500
Total tax
34 438
31 990
25 555
25 987
After tax
30 062
32 510
38 945
38 513
Living cost
49 074
49 074
49 074
49 074
Free-cash
-19 012
-16 564
-10 130
-10 561

Estimated living cost  is ₽49074 per week

₽33213
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4014
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽673
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11174
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽27508
₽24096
₽19567
₽21374
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
64 500
income
-
-
-
202
social contributions
-
-
-
14 189
total
-
-
-
14 391
Employee
32 665
-
55 844
-
income
-
-
297
-
social contributions
2 123
-
3 631
-
total
2 123
-
3 928
-
Employer
32 665
-
55 844
-
social contributions
5 063
-
8 656
-
total
5 063
-
8 656
-
Corporate
26 771
64 500
-
-
income
2 676
6 450
-
-
total
2 676
6 450
-
-
Dividends
24 095
58 050
-
-
total
-
-
-
-
Income
64 500
64 500
64 500
64 500
Total tax
9 862
6 450
12 584
14 391
After tax
54 638
58 050
51 916
50 109
Living cost
30 542
30 542
30 542
30 542
Free-cash
24 096
27 508
21 374
19 567

Estimated living cost  is ₽30542 per week

₽19748
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2302
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽575
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7917
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Andorra has a limit of 1000 sole-trade resident permits per year, so while it isn't complicated to obtain one, it may get difficult by the end of the term.

Source of data for Andorra model

Close
Copenhagen , Denmark
-₽156852
-₽156852
-₽7456
-₽156852
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
64 500
municipal
-
-
-
10 783
pensions
-
-
-
881
national
-
-
-
6 275
labour market
-
-
-
5 089
total
-
-
-
23 028
Employee
206 514
206 514
206 514
-
labour market
16 498
16 498
16 498
-
national
25 229
25 229
25 229
-
municipal
43 976
43 976
43 976
-
pensions
294
294
294
-
total
85 997
85 997
85 997
-
Employer
206 514
206 514
206 514
-
labour market
16 521
16 521
16 521
-
municipal
44 046
44 046
44 046
-
pensions
587
587
587
-
national
25 273
25 273
25 273
-
total
86 427
86 427
86 427
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
64 500
64 500
64 500
64 500
Total tax
172 424
172 424
172 424
23 028
After tax
-107 924
-107 924
-107 924
41 472
Living cost
48 928
48 928
48 928
48 928
Free-cash
-156 852
-156 852
-156 852
-7 456

Estimated living cost  is ₽48928 per week

₽33487
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4328
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽752
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10360
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Copenhagen model

Close
Krakow , Poland
-₽16637
₽1871
₽22637
₽11715
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
64 500
accident
-
-
-
255
income
-
-
-
12 975
pensions
-
-
-
4 197
other
-
-
-
374
health
-
-
-
2 200
total
-
-
-
20 001
Employee
34 391
-
53 580
-
health
3 938
-
6 135
-
income
4 718
-
7 835
-
pensions
3 873
-
6 033
-
total
12 529
-
20 003
-
Employer
34 391
-
53 580
-
accident
574
-
895
-
unemployment
843
-
1 313
-
pensions
5 592
-
8 712
-
total
7 009
-
10 920
-
Corporate
23 100
64 500
-
-
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.

20 790
58 050
-
-
total
20 790
58 050
-
-
Dividends
2 310
6 450
-
-
withholding
439
1 225
-
-
total
439
1 225
-
-
Income
64 500
64 500
64 500
64 500
Total tax
40 767
59 275
30 923
20 001
After tax
23 733
5 225
33 577
44 499
Living cost
21 862
21 862
21 862
21 862
Free-cash
1 871
-16 637
11 715
22 637

Estimated living cost  is ₽21862 per week

₽15913
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1246
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽410
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4292
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽5341
₽661
₽10151
₽553
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
64 500
municipal
-
-
-
11 507
health
-
-
-
569
national
-
-
-
3 264
total
-
-
-
15 340
Employee
53 457
-
54 259
-
health
399
-
411
-
municipal
8 756
-
8 887
-
pensions
3 608
-
3 662
-
unemployment
802
-
814
-
national
883
-
926
-
total
14 448
-
14 700
-
Employer
53 457
-
54 259
-
accident
54
-
54
-
unemployment
347
-
353
-
pensions
9 275
-
9 413
-
health
411
-
418
-
total
10 087
-
10 238
-
Corporate
957
64 500
-
-
income
191
12 899
-
-
total
191
12 899
-
-
Dividends

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

574
38 700
-
-
national
-
285
-
-
municipal
104
6 966
-
-
total
104
7 251
-
-
Income
64 500
64 500
64 500
64 500
Total tax
24 830
20 150
24 938
15 340
After tax
39 670
44 350
39 562
49 160
Living cost
39 009
39 009
39 009
39 009
Free-cash
661
5 341
553
10 151

Estimated living cost  is ₽39009 per week

₽25481
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3752
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽621
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9157
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Helsinki model

Close
Larnaca , Cyprus
₽17999
₽18371
₽26230
₽21355
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
64 500
income
-
-
-
3 039
health
-
-
-
1 645
social contributions
-
-
-
10 061
total
-
-
-
14 745
Employee
78 130
78 130
78 130
-
social contributions
2 954
6 484
4 861
-
health
605
1 329
995
-
income
8 507
7 233
7 819
-
total
12 066
15 046
13 675
-
Employer
78 130
78 130
78 130
-
social contributions
2 954
6 484
4 861
-
health
658
1 446
1 084
-
total
3 612
7 930
5 945
-
Corporate
25 297
-
-
-
income
3 162
-
-
-
total
3 162
-
-
-
Dividends
22 135
-
-
-
withholding
3 764
-
-
-
total
3 764
-
-
-
Income
64 500
64 500
64 500
64 500
Total tax
22 604
22 976
19 620
14 745
After tax
41 896
41 524
44 880
49 755
Living cost
23 525
23 525
23 525
23 525
Free-cash
18 371
17 999
21 355
26 230

Estimated living cost  is ₽23525 per week

₽14099
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2308
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽521
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6598
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Larnaca model

Close
Podgorica , Montenegro
₽37279
₽32110
₽32582
₽23781
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
64 500
income
-
-
-
5 617
pensions
-
-
-
6 463
unemployment
-
-
-
29
health
-
-
-
3 677
total
-
-
-
15 786
Employee

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

23 322
-
58 476
-
health
1 982
-
4 971
-
income
1 595
-
4 529
-
pensions
3 498
-
8 771
-
unemployment
116
-
293
-
total
7 191
-
18 564
-
Employer

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

23 322
-
58 476
-
unemployment
116
-
293
-
pensions
1 282
-
3 216
-
health
1 003
-
2 514
-
total
2 401
-
6 023
-
Corporate
38 777
64 500
-
-
income
3 490
5 806
-
-
total
3 490
5 806
-
-
Dividends
35 287
58 694
-
-
withholding
3 176
5 283
-
-
total
3 176
5 283
-
-
Income
64 500
64 500
64 500
64 500
Total tax
16 258
11 089
24 587
15 786
After tax
48 242
53 411
39 913
48 714
Living cost
16 132
16 132
16 132
16 132
Free-cash
32 110
37 279
23 781
32 582

Estimated living cost  is ₽16132 per week

₽10293
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1163
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽480
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4196
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Podgorica model

Close
Valencia , Spain
₽15601
₽10274
₽7202
₽7659
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
64 500
accident
-
-
-
580
income
-
-
-
10 008
pensions
-
-
-
18 254
other
-
-
-
64
unemployment
-
-
-
451
total
-
-
-
29 357
Employee
37 570
-
48 909
-
other
37
-
48
-
income
7 243
-
10 205
-
pensions
1 766
-
2 298
-
unemployment
582
-
758
-
total
9 628
-
13 309
-
Employer
37 570
-
48 909
-
accident
744
-
968
-
other
301
-
391
-
unemployment
2 067
-
2 690
-
pensions
8 866
-
11 542
-
total
11 978
-
15 591
-
Corporate
14 952
64 500
-
-
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.

2 242
9 676
-
-
total
2 242
9 676
-
-
Dividends
12 710
54 824
-
-
withholding
2 437
11 282
-
-
total
2 437
11 282
-
-
Income
64 500
64 500
64 500
64 500
Total tax
26 285
20 958
28 900
29 357
After tax
38 215
43 542
35 600
35 143
Living cost
27 941
27 941
27 941
27 941
Free-cash
10 274
15 601
7 659
7 202

Estimated living cost  is ₽27941 per week

₽18859
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2686
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽490
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5906
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Valencia model

Close
Istanbul , Turkey
₽37467
₽37011
₽37510
₽37313
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
64 500
income
-
-
-
20 709
pensions
-
-
-
2 029
health
-
-
-
1 471
total
-
-
-
24 209
Employee
4 236
-
62 218
-
health
212
-
507
-
income
820
-
20 602
-
pensions
381
-
913
-
unemployment
42
-
101
-
total
1 455
-
22 123
-
Employer
4 236
-
62 218
-
unemployment
85
-
203
-
pensions
466
-
1 116
-
health
402
-
964
-
total
953
-
2 283
-
Corporate
59 310
64 500
-
-
income
13 048
14 190
-
-
total
13 048
14 190
-
-
Dividends
46 262
50 310
-
-
withholding
9 252
10 062
-
-
total
9 252
10 062
-
-
Income
64 500
64 500
64 500
64 500
Total tax
24 708
24 252
24 406
24 209
After tax
39 792
40 248
40 094
40 291
Living cost
2 781
2 781
2 781
2 781
Free-cash
37 011
37 467
37 313
37 510

Estimated living cost  is ₽2781 per week

₽1653
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽225
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽64
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽839
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Istanbul model

Close
Belgrade , Serbia
₽29043
₽24045
₽14183
₽16961
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
64 500
income
-
-
-
8 377
pensions
-
-
-
16 770
unemployment
-
-
-
968
health
-
-
-
6 644
total
-
-
-
32 759
Employee

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

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

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

26 477
-
54 707
-
health
1 364
-
2 817
-
income
3 650
-
9 303
-
pensions
3 707
-
7 659
-
unemployment
199
-
410
-
total
8 920
-
20 189
-
Employer

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

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

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

26 477
-
54 707
-
unemployment
199
-
410
-
pensions
3 177
-
6 565
-
health
1 364
-
2 817
-
total
4 740
-
9 792
-
Corporate
33 284
64 500
-
-
income
4 993
9 675
-
-
total
4 993
9 675
-
-
Dividends
28 291
54 825
-
-
withholding
4 244
8 224
-
-
total
4 244
8 224
-
-
Income
64 500
64 500
64 500
64 500
Total tax
22 897
17 899
29 981
32 759
After tax
41 603
46 601
34 519
31 741
Living cost
17 558
17 558
17 558
17 558
Free-cash
24 045
29 043
16 961
14 183

Estimated living cost  is ₽17558 per week

₽11822
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1358
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽508
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3870
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Belgrade model

Close
Porto , Portugal
₽9296
₽8930
₽9593
₽7597
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
64 500
income
-
-
-
5 102
surtax
-
-
-
-
social contributions

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

-
-
-
22 413
total
-
-
-
27 515
Employee
39 436
-
52 121
-
social contributions
4 338
-
5 732
-
surtax
-
-
-
-
income
7 705
-
11 400
-
total
12 043
-
17 132
-
Employer
39 436
-
52 121
-
social contributions
9 365
-
12 379
-
total
9 365
-
12 379
-
Corporate
15 699
64 500
-
-
surtax
-
-
-
-
income
3 297
13 545
-
-
total
3 297
13 545
-
-
Dividends
12 402
50 955
-
-
withholding
3 473
14 267
-
-
total
3 473
14 267
-
-
Income
64 500
64 500
64 500
64 500
Total tax
28 178
27 812
29 511
27 515
After tax
36 322
36 688
34 989
36 985
Living cost
27 392
27 392
27 392
27 392
Free-cash
8 930
9 296
7 597
9 593

Estimated living cost  is ₽27392 per week

₽19401
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1903
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5603
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Porto model

Close
Madrid , Spain
₽7833
-₽217
-₽566
-₽109
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
64 500
accident
-
-
-
580
income
-
-
-
10 008
pensions
-
-
-
18 254
other
-
-
-
64
unemployment
-
-
-
451
total
-
-
-
29 357
Employee
49 071
-
48 909
-
other
48
-
48
-
income
10 249
-
10 205
-
pensions
2 306
-
2 298
-
unemployment
760
-
758
-
total
13 363
-
13 309
-
Employer
49 071
-
48 909
-
accident
972
-
968
-
other
393
-
391
-
unemployment
2 699
-
2 690
-
pensions
11 581
-
11 542
-
total
15 645
-
15 591
-
Corporate
-
64 500
-
-
income

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

-
9 676
-
-
total
-
9 676
-
-
Dividends
-
54 824
-
-
withholding
-
11 282
-
-
total
-
11 282
-
-
Income
64 500
64 500
64 500
64 500
Total tax
29 008
20 958
28 900
29 357
After tax
35 492
43 542
35 600
35 143
Living cost
35 709
35 709
35 709
35 709
Free-cash
-217
7 833
-109
-566

Estimated living cost  is ₽35709 per week

₽25645
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2777
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽503
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6785
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Madrid model

Close
Sofia , Bulgaria
₽37669
₽31477
₽27869
₽29165
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
64 500
income
-
-
-
9 675
pensions

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

-
-
-
5 253
unemployment
-
-
-
142
health
-
-
-
4 082
total
-
-
-
19 152
Employee
23 145
-
57 537
-
health
1 065
-
1 633
-
accident

We are using the highest rate at 1.1%.

254
-
390
-
income
2 315
-
5 754
-
pensions

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

2 032
-
3 116
-
total
5 666
-
10 893
-
Employer
23 145
-
57 537
-
accident

We are using the highest rate at 1.1%.

254
-
390
-
unemployment
139
-
213
-
pensions

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

2 551
-
3 911
-
health
1 597
-
2 449
-
total
4 541
-
6 963
-
Corporate
36 814
64 500
-
-
income
3 681
6 450
-
-
total
3 681
6 450
-
-
Dividends
33 133
58 050
-
-
withholding
1 656
2 902
-
-
total
1 656
2 902
-
-
Income
64 500
64 500
64 500
64 500
Total tax
15 544
9 352
17 856
19 152
After tax
48 956
55 148
46 644
45 348
Living cost
17 479
17 479
17 479
17 479
Free-cash
31 477
37 669
29 165
27 869

Estimated living cost  is ₽17479 per week

₽11561
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1001
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽417
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4502
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Sofia model

Close
Berlin , Germany
-₽5844
₽7449
₽7177
₽9655
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
64 500
trade
-
-
-
2 478
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.

-
-
-
8 224
health

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

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

-
-
-
6 941
surtax

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

-
-
-
453
total
-
-
-
18 096
Employee

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

50 555
-
64 500
-
health

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

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

6 941
-
6 941
-
surtax

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

229
-
453
-
income

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

4 157
-
8 224
-
total
11 327
-
15 618
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
13 945
64 500
-
-
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.

116
532
-
-
income
2 092
9 676
-
-
trade
2 001
9 255
-
-
chamber of commerce
175
249
-
-
total
4 384
19 712
-
-
Dividends
9 560
44 788
-
-
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.

110
594
-
-
withholding
2 003
10 811
-
-
total
2 113
11 405
-
-
Income
64 500
64 500
64 500
64 500
Total tax
17 824
31 117
15 618
18 096
After tax
46 676
33 383
48 882
46 404
Living cost
39 227
39 227
39 227
39 227
Free-cash
7 449
-5 844
9 655
7 177

Estimated living cost  is ₽39227 per week

₽27060
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4221
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽569
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7377
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Berlin model

Close
Dublin , Ireland
-₽12729
-₽14979
-₽8051
-₽8051
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
64 500
income
-
-
-
9 718
social contributions
-
-
-
4 954
total
-
-
-
14 672
Employee
79 479
-
64 500
-
income
14 997
-
9 718
-
social contributions
6 603
-
4 954
-
total
21 600
-
14 672
-
Employer
79 479
-
64 500
-
total
-
-
-
-
Corporate
-
64 500
-
-
income
-
8 062
-
-
total
-
8 062
-
-
Dividends
-
56 438
-
-
withholding
-
11 288
-
-
total
-
11 288
-
-
Income
64 500
64 500
64 500
64 500
Total tax
21 600
19 350
14 672
14 672
After tax
42 900
45 150
49 828
49 828
Living cost
57 879
57 879
57 879
57 879
Free-cash
-14 979
-12 729
-8 051
-8 051

Estimated living cost  is ₽57879 per week

₽44034
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4716
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽553
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8577
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽326
₽5558
-₽8118
₽9908
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
64 500
income
-
-
-
28 923
health

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

-
-
-
6 812
total
-
-
-
35 735
Employee
46 611
-
59 826
-
income
5 058
-
8 361
-
social contributions
4 670
-
4 674
-
total
9 728
-
13 035
-
Employer
46 611
-
59 826
-
social contributions
4 670
-
4 674
-
total
4 670
-
4 674
-
Corporate
13 219
64 500
-
-
income
4 628
22 575
-
-
total
4 628
22 575
-
-
Dividends
8 591
41 925
-
-
social contributions
3 033
5 368
-
-
total
3 033
5 368
-
-
Income
64 500
64 500
64 500
64 500
Total tax
22 059
27 943
17 709
35 735
After tax
42 441
36 557
46 791
28 765
Living cost
36 883
36 883
36 883
36 883
Free-cash
5 558
-326
9 908
-8 118

Estimated living cost  is ₽36883 per week

₽24295
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2908
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽565
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9114
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Sliema model

Close
Edinburgh , United Kingdom
₽10339
₽4568
₽10335
₽3623
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
64 500
income
-
-
-
12 081
pensions
-
-
-
4 097
total
-
-
-
16 178
Employee
52 143
-
57 414
-
health
680
-
788
-
income
9 496
-
10 403
-
pensions
3 980
-
4 613
-
total
14 156
-
15 804
-
Employer
52 143
-
57 414
-
pensions
5 268
-
5 996
-
health
991
-
1 090
-
total
6 259
-
7 086
-
Corporate
6 098
64 500
-
-
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.

1 158
12 255
-
-
total
1 158
12 255
-
-
Dividends
4 940
52 245
-
-
withholding
372
3 919
-
-
total
372
3 919
-
-
Income
64 500
64 500
64 500
64 500
Total tax
21 945
16 174
22 890
16 178
After tax
42 555
48 326
41 610
48 322
Living cost
37 987
37 987
37 987
37 987
Free-cash
4 568
10 339
3 623
10 335

Estimated living cost  is ₽37987 per week

₽26059
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3493
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽475
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7957
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽18802
₽1539
₽20472
₽9550
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
64 500
accident
-
-
-
255
income
-
-
-
12 975
pensions
-
-
-
4 197
other
-
-
-
374
health
-
-
-
2 200
total
-
-
-
20 001
Employee
37 795
-
53 580
-
health
4 327
-
6 135
-
income
5 185
-
7 835
-
pensions
4 256
-
6 033
-
total
13 768
-
20 003
-
Employer
37 795
-
53 580
-
accident
631
-
895
-
unemployment
926
-
1 313
-
pensions
6 145
-
8 712
-
total
7 702
-
10 920
-
Corporate
19 003
64 500
-
-
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.

17 103
58 050
-
-
total
17 103
58 050
-
-
Dividends
1 900
6 450
-
-
withholding
361
1 225
-
-
total
361
1 225
-
-
Income
64 500
64 500
64 500
64 500
Total tax
38 934
59 275
30 923
20 001
After tax
25 566
5 225
33 577
44 499
Living cost
24 027
24 027
24 027
24 027
Free-cash
1 539
-18 802
9 550
20 472

Estimated living cost  is ₽24027 per week

₽17633
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1400
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽484
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4510
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Warsaw model

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Skopje , Macedonia
₽41130
₽36200
₽24159
₽24159
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
64 500
work injury
-
-
-
322
health insurance
-
-
-
4 773
income
-
-
-
8 909
pensions
-
-
-
11 868
unemployment
-
-
-
774
total
-
-
-
26 646
Employee

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

21 911
-
64 500
-
work injury
110
-
322
-
income
2 191
-
8 909
-
pensions
4 032
-
11 868
-
health insurance
1 621
-
4 773
-
unemployment
263
-
774
-
total
8 217
-
26 646
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
42 589
64 500
-
-
income

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

-
-
-
-
total
-
-
-
-
Dividends
42 589
64 500
-
-
withholding
6 388
9 675
-
-
total
6 388
9 675
-
-
Income
64 500
64 500
64 500
64 500
Total tax
14 605
9 675
26 646
26 646
After tax
49 895
54 825
37 854
37 854
Living cost
13 695
13 695
13 695
13 695
Free-cash
36 200
41 130
24 159
24 159

Estimated living cost  is ₽13695 per week

₽8484
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽995
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽427
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3788
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Skopje model

Close
Rome , Italy
-₽6502
-₽21122
-₽5798
-₽9377
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
64 500
municipal
-
-
-
432
regional
-
-
-
1 019
national
-
-
-
11 779
social contributions
-
-
-
16 590
total
-
-
-
29 820
Employee
85 620
-
64 500
-
social contributions
28 871
-
21 750
-
regional
1 293
-
878
-
municipal
511
-
386
-
national
14 469
-
10 385
-
total
45 144
-
33 399
-
Employer
85 620
-
64 500
-
total
-
-
-
-
Corporate
-
64 500
-
-
nationa
-
15 479
-
-
municipal
-
3 108
-
-
total
-
18 587
-
-
Dividends
-
45 912
-
-
withholding
-
11 937
-
-
total
-
11 937
-
-
Income
64 500
64 500
64 500
64 500
Total tax
45 144
30 524
33 399
29 820
After tax
19 356
33 976
31 101
34 680
Living cost
40 478
40 478
40 478
40 478
Free-cash
-21 122
-6 502
-9 377
-5 798

Estimated living cost  is ₽40478 per week

₽28433
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2784
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽611
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8648
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rome model

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