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
₽ 65000
per

Your estimated
City
free-cash

Dresden , Germany
₽2542
₽13653
₽15851
₽18733
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
65 000
trade
-
-
-
2 882
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.

-
-
-
8 511
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.

-
-
-
6 862
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.

-
-
-
469
total
-
-
-
18 724
Employee

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

38 419
-
65 000
-
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.

6 862
-
6 862
-
surtax

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

59
-
469
-
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.

1 073
-
8 511
-
total
7 994
-
15 842
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
26 581
65 000
-
-
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.

219
536
-
-
income
3 988
9 750
-
-
trade
4 186
10 238
-
-
chamber of commerce
191
246
-
-
total
8 584
20 770
-
-
Dividends
17 997
44 230
-
-
surtax

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

227
587
-
-
withholding
4 117
10 676
-
-
total
4 344
11 263
-
-
Income
65 000
65 000
65 000
65 000
Total tax
20 922
32 033
15 842
18 724
After tax
44 078
32 967
49 158
46 276
Living cost
30 425
30 425
30 425
30 425
Free-cash
13 653
2 542
18 733
15 851

Estimated living cost  is ₽30425 per week

₽19138
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3547
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽568
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7171
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽10119
-₽20692
-₽10327
-₽9816
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
65 000
municipal
-
-
-
6 334
pensions
-
-
-
7 800
national
-
-
-
9 815
social contributions
-
-
-
699
total
-
-
-
24 648
Employee
78 562
-
56 192
-
municipal
9 704
-
6 585
-
pensions
3 142
-
2 248
-
national
15 037
-
10 205
-
total
27 883
-
19 038
-
Employer
78 562
-
56 192
-
social contributions
845
-
604
-
pensions
6 285
-
4 495
-
total
7 130
-
5 099
-
Corporate
-
65 000
-
-
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%.

-
13 000
-
-
total
-
13 000
-
-
Dividends
-
52 000
-
-
withholding
-
11 440
-
-
total
-
11 440
-
-
Income
65 000
65 000
65 000
65 000
Total tax
35 013
24 440
24 137
24 648
After tax
29 987
40 560
40 863
40 352
Living cost
50 679
50 679
50 679
50 679
Free-cash
-20 692
-10 119
-9 816
-10 327

Estimated living cost  is ₽50679 per week

₽34446
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4711
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽759
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10764
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽31103
₽22862
₽31191
₽16144
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
65 000
microenterprise
-
-
-
9 750
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.

-
-
-
3 162
total
-
-
-
12 912
Employee
29 351
-
52 381
-
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.

3 229
-
5 762
-
surtax
-
-
-
-
income
5 225
-
9 578
-
total
8 454
-
15 340
-
Employer
29 351
-
52 381
-
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.

7 070
-
12 619
-
surtax
-
-
-
-
total
7 070
-
12 619
-
Corporate
28 579
65 000
-
-
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%.

5 717
13 000
-
-
total
5 717
13 000
-
-
Dividends

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

22 862
52 000
-
-
total
-
-
-
-
Income
65 000
65 000
65 000
65 000
Total tax
21 241
13 000
27 959
12 912
After tax
43 759
52 000
37 041
52 088
Living cost
20 897
20 897
20 897
20 897
Free-cash
22 862
31 103
16 144
31 191

Estimated living cost  is ₽20897 per week

₽13332
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1990
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.
₽5101
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽29108
-₽34746
-₽4987
-₽34746
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
65 000
income
-
-
-
6 229
pensions
-
-
-
11 700
health
-
-
-
9 979
total
-
-
-
27 908
Employee
85 778
85 778
85 778
-
health
13 166
11 199
13 166
-
income

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

14 040
14 040
14 040
-
pensions
15 440
11 769
15 440
-
total
42 646
37 008
42 646
-
Employer
85 778
85 778
85 778
-
unemployment
3 088
3 088
3 088
-
pensions
5 970
5 970
5 970
-
health
5 963
5 963
5 963
-
total
15 021
15 021
15 021
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
65 000
65 000
65 000
65 000
Total tax
57 667
52 029
57 667
27 908
After tax
7 333
12 971
7 333
37 092
Living cost
42 079
42 079
42 079
42 079
Free-cash
-34 746
-29 108
-34 746
-4 987

Estimated living cost  is ₽42079 per week

₽29820
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3793
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽669
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7796
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽3472
-₽7960
-₽6561
-₽4252
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
65 000
municipal
-
-
-
13 768
accident
-
-
-
130
pensions
-
-
-
7 027
other
-
-
-
7 553
unemployment
-
-
-
65
health
-
-
-
4 056
national
-
-
-
-
total
-
-
-
32 599
Employee
55 518
-
49 460
-
municipal
16 555
-
14 749
-
national
-
-
-
-
total
16 555
-
14 749
-
Employer
55 518
-
49 460
-
accident
111
-
99
-
other
6 451
-
5 747
-
unemployment
1 466
-
1 306
-
pensions
6 001
-
5 347
-
health
3 414
-
3 042
-
total
17 443
-
15 541
-
Corporate
-
65 000
-
-
income
-
14 300
-
-
total
-
14 300
-
-
Dividends
-
50 700
-
-
withholding
-
15 210
-
-
total
-
15 210
-
-
Income
65 000
65 000
65 000
65 000
Total tax
33 998
29 510
30 290
32 599
After tax
31 002
35 490
34 710
32 401
Living cost
38 962
38 962
38 962
38 962
Free-cash
-7 960
-3 472
-4 252
-6 561

Estimated living cost  is ₽38962 per week

₽25823
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3823
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.
₽8725
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽6825
₽7288
₽6688
₽9698
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
65 000
trade
-
-
-
3 010
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.

-
-
-
8 511
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.

-
-
-
6 862
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.

-
-
-
469
total
-
-
-
18 852
Employee

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

50 939
-
65 000
-
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.

6 862
-
6 862
-
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.

240
-
469
-
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.

4 377
-
8 511
-
total
11 479
-
15 842
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
14 061
65 000
-
-
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
536
-
-
income
2 110
9 750
-
-
trade
2 312
10 692
-
-
chamber of commerce
172
244
-
-
total
4 710
21 222
-
-
Dividends
9 351
43 779
-
-
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.

107
581
-
-
withholding
1 956
10 562
-
-
total
2 063
11 143
-
-
Income
65 000
65 000
65 000
65 000
Total tax
18 252
32 365
15 842
18 852
After tax
46 748
32 635
49 158
46 148
Living cost
39 460
39 460
39 460
39 460
Free-cash
7 288
-6 825
9 698
6 688

Estimated living cost  is ₽39460 per week

₽26391
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4161
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽589
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8319
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽9707
₽11037
₽17415
₽12834
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
65 000
income
-
-
-
3 206
health
-
-
-
1 658
social contributions
-
-
-
10 141
total
-
-
-
15 005
Employee
77 239
77 239
77 239
-
social contributions
3 753
6 410
4 897
-
health
768
1 313
1 003
-
income
8 111
7 150
7 697
-
total
12 632
14 873
13 597
-
Employer
77 239
77 239
77 239
-
social contributions
3 753
6 410
4 897
-
health
837
1 430
1 092
-
total
4 590
7 840
5 989
-
Corporate
15 198
-
-
-
income
1 900
-
-
-
total
1 900
-
-
-
Dividends
13 297
-
-
-
withholding
2 261
-
-
-
total
2 261
-
-
-
Income
65 000
65 000
65 000
65 000
Total tax
21 383
22 713
19 586
15 005
After tax
43 617
42 287
45 414
49 995
Living cost
32 580
32 580
32 580
32 580
Free-cash
11 037
9 707
12 834
17 415

Estimated living cost  is ₽32580 per week

₽22272
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2545
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽547
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7217
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽18521
₽18901
₽26802
₽19453
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
65 000
income
-
-
-
7 946
pensions
-
-
-
6 500
unemployment
-
-
-
975
health
-
-
-
4 550
total
-
-
-
19 971
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.

26 310
10 471
54 393
-
health
1 842
733
3 808
-
income
3 216
1 280
6 650
-
pensions
2 631
1 047
5 439
-
unemployment
395
157
816
-
total
8 084
3 217
16 713
-
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.

26 310
10 471
54 393
-
pensions
5 131
2 042
10 607
-
total
5 131
2 042
10 607
-
Corporate
33 559
52 487
-
-
income
3 020
4 724
-
-
total
3 020
4 724
-
-
Dividends
30 539
47 763
-
-
social contributions
5 835
9 194
-
-
withholding
5 802
9 075
-
-
total
11 637
18 269
-
-
Income
65 000
65 000
65 000
65 000
Total tax
27 872
28 252
27 320
19 971
After tax
37 128
36 748
37 680
45 029
Living cost
18 227
18 227
18 227
18 227
Free-cash
18 901
18 521
19 453
26 802

Estimated living cost  is ₽18227 per week

₽12438
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1491
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽364
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3933
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽27738
₽21497
₽11076
₽13336
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
65 000
income
-
-
-
8 212
pensions
-
-
-
13 000
health
-
-
-
8 450
total
-
-
-
29 662
Employee
28 495
-
48 580
-
income
3 208
-
9 232
-
pensions
570
-
972
-
unemployment
456
-
778
-
total
4 234
-
10 982
-
Employer
28 495
-
48 580
-
unemployment
229
-
389
-
pensions
5 699
-
9 716
-
health
3 704
-
6 315
-
total
9 632
-
16 420
-
Corporate
26 873
65 000
-
-
income
5 375
13 000
-
-
total
5 375
13 000
-
-
Dividends
21 497
52 000
-
-
total
-
-
-
-
Income
65 000
65 000
65 000
65 000
Total tax
19 241
13 000
27 402
29 662
After tax
45 759
52 000
37 598
35 338
Living cost
24 262
24 262
24 262
24 262
Free-cash
21 497
27 738
13 336
11 076

Estimated living cost  is ₽24262 per week

₽16641
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1445
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽488
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5688
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽16779
₽1882
₽22792
₽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
-
-
-
65 000
accident
-
-
-
253
income
-
-
-
13 186
pensions
-
-
-
4 169
other
-
-
-
371
health
-
-
-
2 185
total
-
-
-
20 164
Employee
34 676
-
53 996
-
health
3 970
-
6 183
-
income
4 757
-
7 973
-
pensions
3 905
-
6 080
-
total
12 632
-
20 236
-
Employer
34 676
-
53 996
-
accident
579
-
902
-
unemployment
850
-
1 323
-
pensions
5 639
-
8 780
-
total
7 068
-
11 005
-
Corporate
23 257
65 000
-
-
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.

20 932
58 500
-
-
total
20 932
58 500
-
-
Dividends
2 326
6 500
-
-
withholding
442
1 235
-
-
total
442
1 235
-
-
Income
65 000
65 000
65 000
65 000
Total tax
41 074
59 735
31 241
20 164
After tax
23 926
5 265
33 759
44 836
Living cost
22 044
22 044
22 044
22 044
Free-cash
1 882
-16 779
11 715
22 792

Estimated living cost  is ₽22044 per week

₽16156
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1221
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽460
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4207
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽52650
₽50944
₽55250
₽42900
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
65 000
microenterprise

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

-
-
-
650
total
-
-
-
650
Employee
11 374
-
65 000
-
income
2 275
-
13 000
-
total
2 275
-
13 000
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

53 626
65 000
-
-
total
-
-
-
-
Dividends
53 626
65 000
-
-
withholding
2 681
3 250
-
-
total
2 681
3 250
-
-
Income
65 000
65 000
65 000
65 000
Total tax
4 956
3 250
13 000
650
After tax
60 044
61 750
52 000
64 350
Living cost
9 100
9 100
9 100
9 100
Free-cash
50 944
52 650
42 900
55 250

Estimated living cost  is ₽9100 per week

₽5639
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽756
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽250
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2454
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽20990
₽14208
₽8432
₽11338
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
65 000
income
-
-
-
8 256
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.

-
-
-
15 600
other
-
-
-
3 088
health
-
-
-
2 859
total
-
-
-
29 803
Employee
36 471
-
51 918
-
health
511
-
726
-
income
6 279
-
8 938
-
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.

2 552
-
3 633
-
unemployment
364
-
518
-
total
9 706
-
13 815
-
Employer
36 471
-
51 918
-
accident
292
-
416
-
other
1 824
-
2 596
-
unemployment
364
-
518
-
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.

6 201
-
8 826
-
health
511
-
726
-
total
9 192
-
13 082
-
Corporate
19 337
65 000
-
-
income
4 060
13 650
-
-
total
4 060
13 650
-
-
Dividends
15 277
51 350
-
-
withholding
1 069
3 595
-
-
total
1 069
3 595
-
-
Income
65 000
65 000
65 000
65 000
Total tax
24 027
17 245
26 897
29 803
After tax
40 973
47 755
38 103
35 197
Living cost
26 765
26 765
26 765
26 765
Free-cash
14 208
20 990
11 338
8 432

Estimated living cost  is ₽26765 per week

₽18911
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1807
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽431
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5616
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽18391
-₽42938
-₽18434
-₽25247
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
65 000
income
-
-
-
12 165
pensions
-
-
-
4 176
total
-
-
-
16 341
Employee
94 927
-
57 815
-
health
1 564
-
804
-
income
17 112
-
10 461
-
pensions
9 158
-
4 704
-
total
27 834
-
15 969
-
Employer
94 927
-
57 815
-
pensions
11 208
-
6 087
-
health
1 803
-
1 098
-
total
13 011
-
7 185
-
Corporate
-
65 000
-
-
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.

-
12 350
-
-
total
-
12 350
-
-
Dividends
-
52 650
-
-
withholding
-
3 948
-
-
total
-
3 948
-
-
Income
65 000
65 000
65 000
65 000
Total tax
40 845
16 298
23 154
16 341
After tax
24 155
48 702
41 846
48 659
Living cost
67 093
67 093
67 093
67 093
Free-cash
-42 938
-18 391
-25 247
-18 434

Estimated living cost  is ₽67093 per week

₽50274
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7883
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽546
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8391
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽42407
₽37742
₽32716
₽34057
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
65 000
income
-
-
-
9 750
pensions

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

-
-
-
5 192
unemployment
-
-
-
140
health
-
-
-
4 034
total
-
-
-
19 116
Employee
17 436
-
58 117
-
health
802
-
1 614
-
accident

We are using the highest rate at 1.1%.

192
-
386
-
income
1 743
-
5 812
-
pensions

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

1 531
-
3 080
-
total
4 268
-
10 892
-
Employer
17 436
-
58 117
-
accident

We are using the highest rate at 1.1%.

192
-
386
-
unemployment
104
-
210
-
pensions

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

1 922
-
3 866
-
health
1 203
-
2 421
-
total
3 421
-
6 883
-
Corporate
44 143
65 000
-
-
income
4 414
6 500
-
-
total
4 414
6 500
-
-
Dividends
39 729
58 500
-
-
withholding
1 987
2 925
-
-
total
1 987
2 925
-
-
Income
65 000
65 000
65 000
65 000
Total tax
14 090
9 425
17 775
19 116
After tax
50 910
55 575
47 225
45 884
Living cost
13 168
13 168
13 168
13 168
Free-cash
37 742
42 407
34 057
32 716

Estimated living cost  is ₽13168 per week

₽7687
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽940
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽349
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4191
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽42728
-₽44431
-₽18607
-₽48366
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
65 000
income
-
-
-
6 229
pensions
-
-
-
11 700
health
-
-
-
9 979
total
-
-
-
27 908
Employee
93 127
85 778
85 778
-
health
11 618
11 199
13 166
-
income

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

14 040
14 040
14 040
-
pensions
11 769
11 769
15 440
-
total
37 427
37 008
42 646
-
Employer
93 127
85 778
85 778
-
unemployment
3 353
3 088
3 088
-
pensions
6 481
5 970
5 970
-
health
6 471
5 963
5 963
-
total
16 305
15 021
15 021
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
65 000
65 000
65 000
65 000
Total tax
53 732
52 029
57 667
27 908
After tax
11 268
12 971
7 333
37 092
Living cost
55 699
55 699
55 699
55 699
Free-cash
-44 431
-42 728
-48 366
-18 607

Estimated living cost  is ₽55699 per week

₽41088
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4975
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽639
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8999
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽20732
₽12162
₽7638
₽8964
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
65 000
income
-
-
-
5 587
health
-
-
-
8 775
solidarity contribution
-
-
-
-
social contributions
-
-
-
18 980
total
-
-
-
33 342
Employee
35 323
-
48 507
-
social contributions
2 296
-
3 153
-
health
4 769
-
6 549
-
solidarity contribution
-
-
-
-
income
4 239
-
5 821
-
total
11 304
-
15 523
-
Employer
35 323
-
48 507
-
social contributions
8 831
-
12 127
-
health
3 179
-
4 366
-
total
12 010
-
16 493
-
Corporate
17 667
65 000
-
-
income
3 357
12 350
-
-
total
3 357
12 350
-
-
Dividends
14 310
52 650
-
-
withholding
2 147
7 898
-
-
total
2 147
7 898
-
-
Income
65 000
65 000
65 000
65 000
Total tax
28 818
20 248
32 016
33 342
After tax
36 182
44 752
32 984
31 658
Living cost
24 020
24 020
24 020
24 020
Free-cash
12 162
20 732
8 964
7 638

Estimated living cost  is ₽24020 per week

₽16684
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1709
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽472
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5154
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽7704
-₽24271
-₽7044
-₽10715
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
65 000
municipal
-
-
-
387
regional
-
-
-
662
national
-
-
-
11 893
social contributions
-
-
-
16 717
total
-
-
-
29 659
Employee
89 271
-
65 000
-
social contributions
30 102
-
21 917
-
regional
842
-
580
-
municipal
473
-
345
-
national
15 469
-
10 488
-
total
46 886
-
33 330
-
Employer
89 271
-
65 000
-
total
-
-
-
-
Corporate
-
65 000
-
-
nationa
-
15 600
-
-
municipal
-
2 535
-
-
total
-
18 135
-
-
Dividends
-
46 865
-
-
withholding
-
12 184
-
-
total
-
12 184
-
-
Income
65 000
65 000
65 000
65 000
Total tax
46 886
30 319
33 330
29 659
After tax
18 114
34 681
31 670
35 341
Living cost
42 385
42 385
42 385
42 385
Free-cash
-24 271
-7 704
-10 715
-7 044

Estimated living cost  is ₽42385 per week

₽29546
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2779
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽650
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9409
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽18720
₽15593
₽13960
₽12541
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
65 000
income
-
-
-
10 244
pensions
-
-
-
13 000
other
-
-
-
-
unemployment
-
-
-
229
health
-
-
-
4 615
surtax
-
-
-
787
total
-
-
-
28 875
Employee
33 217
-
53 698
-
other
-
-
-
-
health
848
-
1 371
-
surtax
109
-
681
-
income
5 568
-
9 620
-
pensions
2 215
-
3 582
-
unemployment
2 312
-
3 738
-
total
11 052
-
18 992
-
Employer
33 217
-
53 698
-
other
-
-
-
-
unemployment
1 052
-
1 702
-
pensions
4 428
-
7 158
-
health
1 512
-
2 442
-
total
6 992
-
11 302
-
Corporate
24 791
65 000
-
-
income
6 445
16 900
-
-
total
6 445
16 900
-
-
Dividends
18 346
48 100
-
-
withholding
2 753
7 215
-
-
total
2 753
7 215
-
-
Income
65 000
65 000
65 000
65 000
Total tax
27 242
24 115
30 294
28 875
After tax
37 758
40 885
34 706
36 125
Living cost
22 165
22 165
22 165
22 165
Free-cash
15 593
18 720
12 541
13 960

Estimated living cost  is ₽22165 per week

₽13553
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2045
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽511
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6056
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽2866
-₽6714
₽2823
-₽3990
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
65 000
income
-
-
-
12 165
pensions
-
-
-
4 176
total
-
-
-
16 341
Employee
63 617
-
57 815
-
health
924
-
804
-
income
11 458
-
10 461
-
pensions
5 400
-
4 704
-
total
17 782
-
15 969
-
Employer
63 617
-
57 815
-
pensions
6 887
-
6 087
-
health
1 209
-
1 098
-
total
8 096
-
7 185
-
Corporate
-
65 000
-
-
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.

-
12 350
-
-
total
-
12 350
-
-
Dividends
-
52 650
-
-
withholding
-
3 948
-
-
total
-
3 948
-
-
Income
65 000
65 000
65 000
65 000
Total tax
25 878
16 298
23 154
16 341
After tax
39 122
48 702
41 846
48 659
Living cost
45 836
45 836
45 836
45 836
Free-cash
-6 714
2 866
-3 990
2 823

Estimated living cost  is ₽45836 per week

₽34340
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3436
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽479
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7580
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽46672
-₽32916
-₽21440
-₽24764
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
65 000
city
-
-
-
685
pensions
-
-
-
5 980
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.

-
-
-
1 301
regional
-
-
-
1 607
health
-
-
-
249
national
-
-
-
224
total
-
-
-
10 046
Employee
89 401
-
58 178
-
city
959
-
626
-
regional
2 927
-
1 358
-
health
202
-
131
-
pensions
7 511
-
4 888
-
unemployment
-
-
-
-
national
423
-
184
-
total
12 022
-
7 187
-
Employer
89 401
-
58 178
-
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.

1 787
-
1 164
-
unemployment
-
-
-
-
pensions
7 511
-
4 888
-
health
202
-
131
-
total
9 500
-
6 183
-
Corporate
-
65 000
-
-
regional
-
13 748
-
-
national
-
5 525
-
-
total
-
19 273
-
-
Dividends
-
45 726
-
-
withholding
-
16 005
-
-
total
-
16 005
-
-
Income
65 000
65 000
65 000
65 000
Total tax
21 522
35 278
13 370
10 046
After tax
43 478
29 722
51 630
54 954
Living cost
76 394
76 394
76 394
76 394
Free-cash
-32 916
-46 672
-24 764
-21 440

Estimated living cost  is ₽76394 per week

₽49678
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6856
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽938
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18922
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽13718
₽2572
₽5
₽3143
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
65 000
trade
-
-
-
3 138
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.

-
-
-
8 511
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.

-
-
-
6 862
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.

-
-
-
469
total
-
-
-
18 980
Employee

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

60 367
-
65 000
-
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.

6 862
-
6 862
-
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.

391
-
469
-
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.

7 099
-
8 511
-
total
14 352
-
15 842
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
4 633
65 000
-
-
surtax

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

38
536
-
-
income
696
9 750
-
-
trade
795
11 147
-
-
chamber of commerce
158
244
-
-
total
1 687
21 677
-
-
Dividends
2 946
43 323
-
-
surtax

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

19
576
-
-
withholding
355
10 450
-
-
total
374
11 026
-
-
Income
65 000
65 000
65 000
65 000
Total tax
16 413
32 703
15 842
18 980
After tax
48 587
32 297
49 158
46 020
Living cost
46 015
46 015
46 015
46 015
Free-cash
2 572
-13 718
3 143
5

Estimated living cost  is ₽46015 per week

₽33608
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3681
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽599
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8130
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽1607
₽4328
₽4420
₽4828
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
65 000
income
-
-
-
3 275
pensions
-
-
-
18 509
other
-
-
-
2 015
health
-
-
-
562
surtax
-
-
-
-
social contributions
-
-
-
1 853
total
-
-
-
26 214
Employee
42 990
-
49 530
-
social contributions
1 226
-
1 412
-
surtax
-
-
-
-
income
2 537
-
3 328
-
pensions
4 861
-
5 600
-
total
8 624
-
10 340
-
Employer
42 990
-
49 530
-
other
1 483
-
1 708
-
social contributions
130
-
149
-
unemployment
1 740
-
2 005
-
pensions
7 062
-
8 137
-
health
3 010
-
3 467
-
total
13 425
-
15 466
-
Corporate
8 585
65 000
-
-
surtax
-
-
-
-
income
2 404
18 200
-
-
total
2 404
18 200
-
-
Dividends
6 181
46 800
-
-
surtax
-
-
-
-
social contributions
1 062
8 050
-
-
withholding
791
5 991
-
-
total
1 853
14 041
-
-
Income
65 000
65 000
65 000
65 000
Total tax
26 306
32 241
25 806
26 214
After tax
38 694
32 759
39 194
38 786
Living cost
34 366
34 366
34 366
34 366
Free-cash
4 328
-1 607
4 828
4 420

Estimated living cost  is ₽34366 per week

₽21669
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2794
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽585
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9319
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽1798
₽7376
₽7825
₽8233
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
65 000
income
-
-
-
3 275
pensions
-
-
-
18 509
other
-
-
-
2 015
health
-
-
-
562
surtax
-
-
-
-
social contributions
-
-
-
1 853
total
-
-
-
26 214
Employee
38 374
-
49 530
-
social contributions
1 094
-
1 412
-
surtax
-
-
-
-
income
1 979
-
3 328
-
pensions
4 340
-
5 600
-
total
7 413
-
10 340
-
Employer
38 374
-
49 530
-
other
1 325
-
1 708
-
social contributions
114
-
149
-
unemployment
1 554
-
2 005
-
pensions
6 306
-
8 137
-
health
2 686
-
3 467
-
total
11 985
-
15 466
-
Corporate
14 641
65 000
-
-
surtax
-
-
-
-
income
4 100
18 200
-
-
total
4 100
18 200
-
-
Dividends
10 541
46 800
-
-
surtax
-
-
-
-
social contributions
1 815
8 050
-
-
withholding
1 350
5 991
-
-
total
3 165
14 041
-
-
Income
65 000
65 000
65 000
65 000
Total tax
26 663
32 241
25 806
26 214
After tax
38 337
32 759
39 194
38 786
Living cost
30 961
30 961
30 961
30 961
Free-cash
7 376
1 798
8 233
7 825

Estimated living cost  is ₽30961 per week

₽17956
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3145
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽587
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9274
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽18357
₽18878
₽20443
₽17395
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
65 000
income
-
-
-
9 750
health
-
-
-
4 537
social contributions
-
-
-
8 970
total
-
-
-
23 257
Employee
34 058
-
65 000
-
social contributions
4 701
-
8 970
-
health
2 377
-
4 537
-
income
5 680
-
12 798
-
total
12 758
-
26 305
-
Employer
34 058
-
65 000
-
total
-
-
-
-
Corporate
30 942
65 000
-
-
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%.

1 548
3 250
-
-
total
1 548
3 250
-
-
Dividends
29 395
61 750
-
-
health
2 051
4 310
-
-
social contributions
4 056
8 521
-
-
withholding
4 409
9 262
-
-
total
10 516
22 093
-
-
Income
65 000
65 000
65 000
65 000
Total tax
24 822
25 343
26 305
23 257
After tax
40 178
39 657
38 695
41 743
Living cost
21 300
21 300
21 300
21 300
Free-cash
18 878
18 357
17 395
20 443

Estimated living cost  is ₽21300 per week

₽14254
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1313
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.
₽5240
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽1639
-₽796
₽19
-₽11563
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
65 000
chamber of commerce
-
-
-
259
income
-
-
-
5 972
pensions
-
-
-
12 024
unemployment
-
-
-
6 161
health
-
-
-
4 973
surtax
-
-
-
198
total
-
-
-
29 587
Employee
50 199
40 030
50 319
-
other
501
400
503
-
health
1 942
1 550
1 948
-
income
5 715
2 953
5 749
-
pensions
5 141
4 098
5 152
-
unemployment
1 506
1 201
1 510
-
total
14 805
10 202
14 862
-
Employer
50 199
40 030
50 319
-
accident
652
520
654
-
other
2 385
1 900
2 390
-
chamber of commerce
200
160
202
-
unemployment
1 506
1 201
1 510
-
surtax
198
198
198
-
pensions
6 300
5 025
6 315
-
payroll
1 506
1 201
1 510
-
health
1 897
1 514
1 902
-
total
14 644
11 719
14 681
-
Corporate
3 812
13 251
46 506
-
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.

953
3 313
11 626
-
total
953
3 313
11 626
-
Dividends
-
9 938
-
-
withholding
-
2 733
-
-
total
-
2 733
-
-
Income
65 000
65 000
65 000
65 000
Total tax
30 402
27 967
41 169
29 587
After tax
34 598
37 033
23 831
35 413
Living cost
35 394
35 394
35 394
35 394
Free-cash
-796
1 639
-11 563
19

Estimated living cost  is ₽35394 per week

₽23606
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3019
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽581
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8187
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽39
-₽27767
-₽2787
-₽9201
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
65 000
national
-
-
-
19 532
communal

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

-
-
-
3 406
social contributions
-
-
-
8 225
total
-
-
-
31 163
Employee

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

71 850
-
50 342
-
communal

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

3 748
-
2 625
-
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.

3 376
-
2 367
-
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.

5 389
-
3 776
-
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.

625
-
438
-
national
22 090
-
13 716
-
total
35 228
-
22 922
-
Employer

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

71 850
-
50 342
-
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.

934
-
654
-
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.

1 048
-
736
-
surtax
8 147
-
5 707
-
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.

6 367
-
4 460
-
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.

4 419
-
3 098
-
total
20 915
-
14 655
-
Corporate
-
65 000
-
-
surtax
-
259
-
-
income
-
13 000
-
-
total
-
13 259
-
-
Dividends
-
51 741
-
-
withholding

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

-
15 156
-
-
total
-
15 156
-
-
Income
65 000
65 000
65 000
65 000
Total tax
56 143
28 415
37 577
31 163
After tax
8 857
36 585
27 423
33 837
Living cost
36 624
36 624
36 624
36 624
Free-cash
-27 767
-39
-9 201
-2 787

Estimated living cost  is ₽36624 per week

₽23591
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3202
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽574
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9258
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽7600
-₽939
-₽930
-₽469
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
65 000
accident
-
-
-
585
income
-
-
-
10 153
pensions
-
-
-
18 395
other
-
-
-
65
unemployment
-
-
-
456
total
-
-
-
29 654
Employee
50 000
-
49 287
-
other
50
-
50
-
income
10 550
-
10 350
-
pensions
2 350
-
2 316
-
unemployment
776
-
764
-
total
13 726
-
13 480
-
Employer
50 000
-
49 287
-
accident
989
-
976
-
other
398
-
395
-
unemployment
2 751
-
2 711
-
pensions
11 799
-
11 631
-
total
15 937
-
15 713
-
Corporate
-
65 000
-
-
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.

-
9 750
-
-
total
-
9 750
-
-
Dividends
-
55 250
-
-
withholding
-
11 374
-
-
total
-
11 374
-
-
Income
65 000
65 000
65 000
65 000
Total tax
29 663
21 124
29 193
29 654
After tax
35 337
43 876
35 807
35 346
Living cost
36 276
36 276
36 276
36 276
Free-cash
-939
7 600
-469
-930

Estimated living cost  is ₽36276 per week

₽26713
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2573
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽522
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6466
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽13979
-₽20155
-₽12217
-₽10955
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
65 000
accident
-
-
-
585
income
-
-
-
3 330
pensions
-
-
-
10 400
health
-
-
-
4 874
surtax
-
-
-
3 441
communal
-
-
-
-
total
-
-
-
22 630
Employee
76 068
-
58 062
-
health
3 385
-
2 583
-
surtax
4 662
-
3 559
-
income
7 347
-
3 643
-
pensions
6 085
-
4 645
-
total
21 479
-
14 430
-
Employer
76 068
-
58 062
-
accident
684
-
522
-
pensions
6 085
-
4 645
-
health
2 320
-
1 771
-
total
9 089
-
6 938
-
Corporate
-
65 000
-
-
surtax
-
682
-
-
communal
-
4 388
-
-
income
-
9 750
-
-
total
-
14 820
-
-
Dividends
-
50 180
-
-
income
-
2 045
-
-
withholding
-
7 527
-
-
total
-
9 572
-
-
Income
65 000
65 000
65 000
65 000
Total tax
30 568
24 392
21 368
22 630
After tax
34 432
40 608
43 632
42 370
Living cost
54 587
54 587
54 587
54 587
Free-cash
-20 155
-13 979
-10 955
-12 217

Estimated living cost  is ₽54587 per week

₽40948
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3307
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.
₽9752
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽18323
₽15127
₽13563
₽12144
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
65 000
income
-
-
-
10 244
pensions
-
-
-
13 000
other
-
-
-
-
unemployment
-
-
-
229
health
-
-
-
4 615
surtax
-
-
-
787
total
-
-
-
28 875
Employee
33 827
-
53 698
-
other
-
-
-
-
health
863
-
1 371
-
surtax
120
-
681
-
income
5 671
-
9 620
-
pensions
2 257
-
3 582
-
unemployment
2 354
-
3 738
-
total
11 265
-
18 992
-
Employer
33 827
-
53 698
-
other
-
-
-
-
unemployment
1 073
-
1 702
-
pensions
4 510
-
7 158
-
health
1 538
-
2 442
-
total
7 121
-
11 302
-
Corporate
24 052
65 000
-
-
income
6 254
16 900
-
-
total
6 254
16 900
-
-
Dividends
17 797
48 100
-
-
withholding
2 671
7 215
-
-
total
2 671
7 215
-
-
Income
65 000
65 000
65 000
65 000
Total tax
27 311
24 115
30 294
28 875
After tax
37 689
40 885
34 706
36 125
Living cost
22 562
22 562
22 562
22 562
Free-cash
15 127
18 323
12 144
13 563

Estimated living cost  is ₽22562 per week

₽13622
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1961
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽524
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6456
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽7108
₽4880
₽7964
₽4318
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
65 000
municipal
-
-
-
387
regional
-
-
-
981
national
-
-
-
11 893
social contributions
-
-
-
16 717
total
-
-
-
29 978
Employee
55 719
-
65 000
-
social contributions
18 789
-
21 917
-
regional
750
-
874
-
municipal
295
-
345
-
national
8 827
-
10 488
-
total
28 661
-
33 624
-
Employer
55 719
-
65 000
-
total
-
-
-
-
Corporate
9 281
65 000
-
-
nationa
2 226
15 600
-
-
municipal
461
3 231
-
-
total
2 687
18 831
-
-
Dividends
6 593
46 169
-
-
withholding
1 714
12 003
-
-
total
1 714
12 003
-
-
Income
65 000
65 000
65 000
65 000
Total tax
33 062
30 834
33 624
29 978
After tax
31 938
34 166
31 376
35 022
Living cost
27 058
27 058
27 058
27 058
Free-cash
4 880
7 108
4 318
7 964

Estimated living cost  is ₽27058 per week

₽16828
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2741
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.
₽7026
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽15153
₽4595
₽2059
₽3385
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
65 000
income
-
-
-
5 587
health
-
-
-
8 775
solidarity contribution
-
-
-
-
social contributions
-
-
-
18 980
total
-
-
-
33 342
Employee
43 527
-
48 507
-
social contributions
2 829
-
3 153
-
health
5 876
-
6 549
-
solidarity contribution
-
-
-
-
income
5 223
-
5 821
-
total
13 928
-
15 523
-
Employer
43 527
-
48 507
-
social contributions
10 882
-
12 127
-
health
3 917
-
4 366
-
total
14 799
-
16 493
-
Corporate
6 673
65 000
-
-
income
1 268
12 350
-
-
total
1 268
12 350
-
-
Dividends
5 405
52 650
-
-
withholding
811
7 898
-
-
total
811
7 898
-
-
Income
65 000
65 000
65 000
65 000
Total tax
30 806
20 248
32 016
33 342
After tax
34 194
44 752
32 984
31 658
Living cost
29 599
29 599
29 599
29 599
Free-cash
4 595
15 153
3 385
2 059

Estimated living cost  is ₽29599 per week

₽22011
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1640
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽512
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5435
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽5096
₽4600
₽3565
-₽8174
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
65 000
chamber of commerce
-
-
-
259
income
-
-
-
5 972
pensions
-
-
-
12 024
unemployment
-
-
-
6 161
health
-
-
-
4 973
surtax
-
-
-
-
total
-
-
-
29 389
Employee
43 908
40 030
50 475
-
other
438
400
505
-
health
1 698
1 550
1 954
-
income
3 911
2 953
5 793
-
pensions
4 497
4 098
5 170
-
unemployment
1 317
1 201
1 514
-
total
11 861
10 202
14 936
-
Employer
43 908
40 030
50 475
-
accident
570
520
656
-
other
2 085
1 900
2 398
-
chamber of commerce
175
160
202
-
unemployment
1 317
1 201
1 514
-
surtax
-
-
-
-
pensions
5 511
5 025
6 334
-
payroll
1 317
1 201
1 514
-
health
1 660
1 514
1 908
-
total
12 635
11 521
14 526
-
Corporate
8 456
13 449
46 663
-
income

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

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

2 114
3 362
11 666
-
total
2 114
3 362
11 666
-
Dividends
6 342
10 087
-
-
withholding
1 744
2 773
-
-
total
1 744
2 773
-
-
Income
65 000
65 000
65 000
65 000
Total tax
28 354
27 858
41 128
29 389
After tax
36 646
37 142
23 872
35 611
Living cost
32 046
32 046
32 046
32 046
Free-cash
4 600
5 096
-8 174
3 565

Estimated living cost  is ₽32046 per week

₽19224
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3273
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽572
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8978
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47570
₽44911
₽50170
₽37820
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
65 000
microenterprise

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

-
-
-
650
total
-
-
-
650
Employee
17 726
-
65 000
-
income
3 545
-
13 000
-
total
3 545
-
13 000
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

47 274
65 000
-
-
total
-
-
-
-
Dividends
47 274
65 000
-
-
withholding
2 364
3 250
-
-
total
2 364
3 250
-
-
Income
65 000
65 000
65 000
65 000
Total tax
5 909
3 250
13 000
650
After tax
59 091
61 750
52 000
64 350
Living cost
14 180
14 180
14 180
14 180
Free-cash
44 911
47 570
37 820
50 170

Estimated living cost  is ₽14180 per week

₽9596
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽595
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽476
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3513
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽17811
₽9409
₽8242
₽6378
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
65 000
income
-
-
-
11 454
pensions
-
-
-
11 870
unemployment
-
-
-
97
health
-
-
-
6 395
total
-
-
-
29 816
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.

44 418
-
56 241
-
health
2 869
-
3 635
-
income
7 660
-
10 491
-
pensions
6 885
-
8 717
-
unemployment
63
-
78
-
total
17 477
-
22 921
-
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.

44 418
-
56 241
-
unemployment
27
-
34
-
pensions
3 931
-
4 977
-
health
2 958
-
3 748
-
total
6 916
-
8 759
-
Corporate
13 666
65 000
-
-
income
2 596
12 350
-
-
total
2 596
12 350
-
-
Dividends
11 070
52 650
-
-
withholding
1 660
7 897
-
-
total
1 660
7 897
-
-
Income
65 000
65 000
65 000
65 000
Total tax
28 649
20 247
31 680
29 816
After tax
36 351
44 753
33 320
35 184
Living cost
26 942
26 942
26 942
26 942
Free-cash
9 409
17 811
6 378
8 242

Estimated living cost  is ₽26942 per week

₽18490
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.
₽522
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6205
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽4016
-₽85534
₽1358
₽8156
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
65 000
income
-
-
-
12 670
social contributions
-
-
-
7 410
total
-
-
-
20 080
Employee
62 462
-
-
-
social contributions
5 122
-
730
-
income
13 778
-
-
-
total
18 900
-
730
-
Employer
62 462
-
-
-
social contributions
88 072
-
12 552
-
total
88 072
-
12 552
-
Corporate
-
65 000
-
-
income
-
14 300
-
-
total
-
14 300
-
-
Dividends
-
50 700
-
-
income
-
11 154
-
-
total
-
11 154
-
-
Income
65 000
65 000
65 000
65 000
Total tax
106 972
25 454
13 282
20 080
After tax
-41 972
39 546
51 718
44 920
Living cost
43 562
43 562
43 562
43 562
Free-cash
-85 534
-4 016
8 156
1 358

Estimated living cost  is ₽43562 per week

₽28265
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4097
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽555
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10645
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽5465
₽4452
₽5720
₽3661
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
65 000
income
-
-
-
5 185
surtax
-
-
-
-
social contributions

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

-
-
-
22 588
total
-
-
-
27 773
Employee
46 198
-
52 526
-
social contributions
5 082
-
5 778
-
surtax
-
-
-
-
income
9 609
-
11 580
-
total
14 691
-
17 358
-
Employer
46 198
-
52 526
-
social contributions
10 972
-
12 474
-
total
10 972
-
12 474
-
Corporate
7 830
65 000
-
-
surtax
-
-
-
-
income
1 645
13 650
-
-
total
1 645
13 650
-
-
Dividends
6 185
51 350
-
-
withholding
1 733
14 378
-
-
total
1 733
14 378
-
-
Income
65 000
65 000
65 000
65 000
Total tax
29 041
28 028
29 832
27 773
After tax
35 959
36 972
35 168
37 227
Living cost
31 507
31 507
31 507
31 507
Free-cash
4 452
5 465
3 661
5 720

Estimated living cost  is ₽31507 per week

₽23574
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1859
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽526
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5549
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽15756
-₽17561
-₽9729
-₽9321
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
65 000
income
-
-
-
3 275
pensions
-
-
-
18 509
other
-
-
-
2 015
health
-
-
-
562
surtax
-
-
-
-
social contributions
-
-
-
1 853
total
-
-
-
26 214
Employee
62 912
-
49 530
-
social contributions
1 792
-
1 412
-
surtax
-
-
-
-
income
5 489
-
3 328
-
pensions
7 116
-
5 600
-
total
14 397
-
10 340
-
Employer
62 912
-
49 530
-
other
2 171
-
1 708
-
social contributions
189
-
149
-
unemployment
2 549
-
2 005
-
pensions
10 337
-
8 137
-
health
4 403
-
3 467
-
total
19 649
-
15 466
-
Corporate
-
65 000
-
-
surtax
-
-
-
-
income
-
18 200
-
-
total
-
18 200
-
-
Dividends
-
46 800
-
-
surtax
-
-
-
-
social contributions
-
8 050
-
-
withholding
-
5 991
-
-
total
-
14 041
-
-
Income
65 000
65 000
65 000
65 000
Total tax
34 046
32 241
25 806
26 214
After tax
30 954
32 759
39 194
38 786
Living cost
48 515
48 515
48 515
48 515
Free-cash
-17 561
-15 756
-9 321
-9 729

Estimated living cost  is ₽48515 per week

₽32834
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3969
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽665
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11046
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28306
₽24931
₽20258
₽22082
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
65 000
income
-
-
-
248
social contributions
-
-
-
14 300
total
-
-
-
14 548
Employee
32 293
-
56 275
-
income
-
-
343
-
social contributions
2 099
-
3 658
-
total
2 099
-
4 001
-
Employer
32 293
-
56 275
-
social contributions
5 006
-
8 723
-
total
5 006
-
8 723
-
Corporate
27 702
65 000
-
-
income
2 770
6 500
-
-
total
2 770
6 500
-
-
Dividends
24 932
58 500
-
-
total
-
-
-
-
Income
65 000
65 000
65 000
65 000
Total tax
9 875
6 500
12 724
14 548
After tax
55 125
58 500
52 276
50 452
Living cost
30 194
30 194
30 194
30 194
Free-cash
24 931
28 306
22 082
20 258

Estimated living cost  is ₽30194 per week

₽19523
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2276
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽568
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7827
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽153845
-₽153845
-₽6652
-₽153845
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
65 000
municipal
-
-
-
10 924
pensions
-
-
-
871
national
-
-
-
6 353
labour market
-
-
-
5 130
total
-
-
-
23 278
Employee
204 175
204 175
204 175
-
labour market
16 311
16 311
16 311
-
national
24 944
24 944
24 944
-
municipal
43 478
43 478
43 478
-
pensions
290
290
290
-
total
85 023
85 023
85 023
-
Employer
204 175
204 175
204 175
-
labour market
16 334
16 334
16 334
-
municipal
43 547
43 547
43 547
-
pensions
580
580
580
-
national
24 987
24 987
24 987
-
total
85 448
85 448
85 448
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
65 000
65 000
65 000
65 000
Total tax
170 471
170 471
170 471
23 278
After tax
-105 471
-105 471
-105 471
41 722
Living cost
48 374
48 374
48 374
48 374
Free-cash
-153 845
-153 845
-153 845
-6 652

Estimated living cost  is ₽48374 per week

₽33108
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4279
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽744
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10243
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽16454
₽1935
₽23117
₽12040
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
65 000
accident
-
-
-
253
income
-
-
-
13 186
pensions
-
-
-
4 169
other
-
-
-
371
health
-
-
-
2 185
total
-
-
-
20 164
Employee
34 165
-
53 996
-
health
3 912
-
6 183
-
income
4 687
-
7 973
-
pensions
3 847
-
6 080
-
total
12 446
-
20 236
-
Employer
34 165
-
53 996
-
accident
570
-
902
-
unemployment
837
-
1 323
-
pensions
5 555
-
8 780
-
total
6 962
-
11 005
-
Corporate
23 872
65 000
-
-
income

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

21 485
58 500
-
-
total
21 485
58 500
-
-
Dividends
2 387
6 500
-
-
withholding
453
1 235
-
-
total
453
1 235
-
-
Income
65 000
65 000
65 000
65 000
Total tax
41 346
59 735
31 241
20 164
After tax
23 654
5 265
33 759
44 836
Living cost
21 719
21 719
21 719
21 719
Free-cash
1 935
-16 454
12 040
23 117

Estimated living cost  is ₽21719 per week

₽15809
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1238
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽408
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4264
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽6088
₽1509
₽10821
₽1258
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
65 000
municipal
-
-
-
11 595
health
-
-
-
581
national
-
-
-
3 439
total
-
-
-
15 615
Employee
52 847
-
54 682
-
health
395
-
423
-
municipal
8 656
-
8 955
-
pensions
3 566
-
3 690
-
unemployment
793
-
820
-
national
873
-
972
-
total
14 283
-
14 860
-
Employer
52 847
-
54 682
-
accident
53
-
55
-
unemployment
343
-
355
-
pensions
9 169
-
9 487
-
health
406
-
421
-
total
9 971
-
10 318
-
Corporate
2 182
65 000
-
-
income
437
13 000
-
-
total
437
13 000
-
-
Dividends

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

1 309
39 000
-
-
national
-
328
-
-
municipal
236
7 020
-
-
total
236
7 348
-
-
Income
65 000
65 000
65 000
65 000
Total tax
24 927
20 348
25 178
15 615
After tax
40 073
44 652
39 822
49 385
Living cost
38 564
38 564
38 564
38 564
Free-cash
1 509
6 088
1 258
10 821

Estimated living cost  is ₽38564 per week

₽25190
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3709
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽614
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9052
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽19031
₽19060
₽26739
₽22158
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
65 000
income
-
-
-
3 206
health
-
-
-
1 658
social contributions
-
-
-
10 141
total
-
-
-
15 005
Employee
77 239
77 239
77 239
-
social contributions
2 920
6 410
4 897
-
health
599
1 313
1 003
-
income
8 410
7 150
7 697
-
total
11 929
14 873
13 597
-
Employer
77 239
77 239
77 239
-
social contributions
2 920
6 410
4 897
-
health
650
1 430
1 092
-
total
3 570
7 840
5 989
-
Corporate
26 245
-
-
-
income
3 281
-
-
-
total
3 281
-
-
-
Dividends
22 964
-
-
-
withholding
3 904
-
-
-
total
3 904
-
-
-
Income
65 000
65 000
65 000
65 000
Total tax
22 684
22 713
19 586
15 005
After tax
42 316
42 287
45 414
49 995
Living cost
23 256
23 256
23 256
23 256
Free-cash
19 060
19 031
22 158
26 739

Estimated living cost  is ₽23256 per week

₽13938
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2282
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽515
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6523
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽37878
₽32770
₽33309
₽24270
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
65 000
income
-
-
-
5 690
pensions
-
-
-
6 389
unemployment
-
-
-
29
health
-
-
-
3 635
total
-
-
-
15 743
Employee

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

23 056
-
58 931
-
health
1 960
-
5 009
-
income
1 576
-
4 571
-
pensions
3 458
-
8 839
-
unemployment
114
-
295
-
total
7 108
-
18 714
-
Employer

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

23 056
-
58 931
-
unemployment
114
-
295
-
pensions
1 268
-
3 240
-
health
991
-
2 533
-
total
2 373
-
6 068
-
Corporate
39 571
65 000
-
-
income
3 561
5 850
-
-
total
3 561
5 850
-
-
Dividends
36 010
59 150
-
-
withholding
3 240
5 324
-
-
total
3 240
5 324
-
-
Income
65 000
65 000
65 000
65 000
Total tax
16 282
11 174
24 782
15 743
After tax
48 718
53 826
40 218
49 257
Living cost
15 948
15 948
15 948
15 948
Free-cash
32 770
37 878
24 270
33 309

Estimated living cost  is ₽15948 per week

₽10175
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1149
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.
₽4148
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽16254
₽10985
₽7724
₽8185
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
65 000
accident
-
-
-
585
income
-
-
-
10 153
pensions
-
-
-
18 395
other
-
-
-
65
unemployment
-
-
-
456
total
-
-
-
29 654
Employee
37 141
-
49 287
-
other
36
-
50
-
income
7 161
-
10 350
-
pensions
1 746
-
2 316
-
unemployment
576
-
764
-
total
9 519
-
13 480
-
Employer
37 141
-
49 287
-
accident
736
-
976
-
other
297
-
395
-
unemployment
2 043
-
2 711
-
pensions
8 765
-
11 631
-
total
11 841
-
15 713
-
Corporate
16 018
65 000
-
-
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.

2 402
9 750
-
-
total
2 402
9 750
-
-
Dividends
13 616
55 250
-
-
withholding
2 631
11 374
-
-
total
2 631
11 374
-
-
Income
65 000
65 000
65 000
65 000
Total tax
26 393
21 124
29 193
29 654
After tax
38 607
43 876
35 807
35 346
Living cost
27 622
27 622
27 622
27 622
Free-cash
10 985
16 254
8 185
7 724

Estimated living cost  is ₽27622 per week

₽18644
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2655
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.
₽5839
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽37810
₽37359
₽37885
₽37689
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
65 000
income
-
-
-
20 904
pensions
-
-
-
2 006
health
-
-
-
1 455
total
-
-
-
24 365
Employee
4 189
-
62 743
-
health
209
-
502
-
income
810
-
20 799
-
pensions
377
-
903
-
unemployment
42
-
100
-
total
1 438
-
22 304
-
Employer
4 189
-
62 743
-
unemployment
84
-
201
-
pensions
461
-
1 103
-
health
398
-
953
-
total
943
-
2 257
-
Corporate
59 868
65 000
-
-
income
13 171
14 300
-
-
total
13 171
14 300
-
-
Dividends
46 697
50 700
-
-
withholding
9 339
10 140
-
-
total
9 339
10 140
-
-
Income
65 000
65 000
65 000
65 000
Total tax
24 891
24 440
24 561
24 365
After tax
40 109
40 560
40 439
40 635
Living cost
2 750
2 750
2 750
2 750
Free-cash
37 359
37 810
37 689
37 885

Estimated living cost  is ₽2750 per week

₽1635
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽223
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽63
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽830
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽29593
₽24652
₽14587
₽17387
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
65 000
income
-
-
-
8 473
pensions
-
-
-
16 900
unemployment
-
-
-
975
health
-
-
-
6 695
total
-
-
-
33 043
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.

26 193
-
55 131
-
health
1 349
-
2 839
-
income
3 610
-
9 405
-
pensions
3 667
-
7 718
-
unemployment
196
-
413
-
total
8 822
-
20 375
-
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.

26 193
-
55 131
-
unemployment
196
-
413
-
pensions
3 143
-
6 616
-
health
1 349
-
2 839
-
total
4 688
-
9 868
-
Corporate
34 119
65 000
-
-
income
5 118
9 750
-
-
total
5 118
9 750
-
-
Dividends
29 001
55 250
-
-
withholding
4 350
8 287
-
-
total
4 350
8 287
-
-
Income
65 000
65 000
65 000
65 000
Total tax
22 978
18 037
30 243
33 043
After tax
42 022
46 963
34 757
31 957
Living cost
17 370
17 370
17 370
17 370
Free-cash
24 652
29 593
17 387
14 587

Estimated living cost  is ₽17370 per week

₽11695
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1344
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.
₽3828
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽9892
₽9530
₽10147
₽8088
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
65 000
income
-
-
-
5 185
surtax
-
-
-
-
social contributions

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

-
-
-
22 588
total
-
-
-
27 773
Employee
38 986
-
52 526
-
social contributions
4 289
-
5 778
-
surtax
-
-
-
-
income
7 618
-
11 580
-
total
11 907
-
17 358
-
Employer
38 986
-
52 526
-
social contributions
9 258
-
12 474
-
total
9 258
-
12 474
-
Corporate
16 756
65 000
-
-
surtax
-
-
-
-
income
3 519
13 650
-
-
total
3 519
13 650
-
-
Dividends
13 237
51 350
-
-
withholding
3 706
14 378
-
-
total
3 706
14 378
-
-
Income
65 000
65 000
65 000
65 000
Total tax
28 390
28 028
29 832
27 773
After tax
36 610
36 972
35 168
37 227
Living cost
27 080
27 080
27 080
27 080
Free-cash
9 530
9 892
8 088
10 147

Estimated living cost  is ₽27080 per week

₽19180
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1881
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽5539
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽8574
₽702
₽44
₽505
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
65 000
accident
-
-
-
585
income
-
-
-
10 153
pensions
-
-
-
18 395
other
-
-
-
65
unemployment
-
-
-
456
total
-
-
-
29 654
Employee
48 511
-
49 287
-
other
48
-
50
-
income
10 132
-
10 350
-
pensions
2 280
-
2 316
-
unemployment
751
-
764
-
total
13 211
-
13 480
-
Employer
48 511
-
49 287
-
accident
961
-
976
-
other
389
-
395
-
unemployment
2 669
-
2 711
-
pensions
11 448
-
11 631
-
total
15 467
-
15 713
-
Corporate
1 022
65 000
-
-
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.

152
9 750
-
-
total
152
9 750
-
-
Dividends
869
55 250
-
-
withholding
166
11 374
-
-
total
166
11 374
-
-
Income
65 000
65 000
65 000
65 000
Total tax
28 996
21 124
29 193
29 654
After tax
36 004
43 876
35 807
35 346
Living cost
35 302
35 302
35 302
35 302
Free-cash
702
8 574
505
44

Estimated living cost  is ₽35302 per week

₽25352
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2745
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽498
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6708
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38299
₽32180
₽28608
₽29949
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
65 000
income
-
-
-
9 750
pensions

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

-
-
-
5 192
unemployment
-
-
-
140
health
-
-
-
4 034
total
-
-
-
19 116
Employee
22 876
-
58 117
-
health
1 052
-
1 614
-
accident

We are using the highest rate at 1.1%.

251
-
386
-
income
2 288
-
5 812
-
pensions

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

2 008
-
3 080
-
total
5 599
-
10 892
-
Employer
22 876
-
58 117
-
accident

We are using the highest rate at 1.1%.

251
-
386
-
unemployment
137
-
210
-
pensions

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

2 521
-
3 866
-
health
1 579
-
2 421
-
total
4 488
-
6 883
-
Corporate
37 635
65 000
-
-
income
3 763
6 500
-
-
total
3 763
6 500
-
-
Dividends
33 872
58 500
-
-
withholding
1 694
2 925
-
-
total
1 694
2 925
-
-
Income
65 000
65 000
65 000
65 000
Total tax
15 544
9 425
17 775
19 116
After tax
49 456
55 575
47 225
45 884
Living cost
17 276
17 276
17 276
17 276
Free-cash
32 180
38 299
29 949
28 608

Estimated living cost  is ₽17276 per week

₽11426
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽989
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽412
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4449
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽5144
₽7997
₽7751
₽10378
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
65 000
trade
-
-
-
2 627
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.

-
-
-
8 511
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.

-
-
-
6 862
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.

-
-
-
469
total
-
-
-
18 469
Employee

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

49 979
-
65 000
-
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.

6 862
-
6 862
-
surtax

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

227
-
469
-
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.

4 110
-
8 511
-
total
11 199
-
15 842
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
15 021
65 000
-
-
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.

124
536
-
-
income
2 253
9 750
-
-
trade
2 156
9 327
-
-
chamber of commerce
175
248
-
-
total
4 708
19 861
-
-
Dividends
10 313
45 140
-
-
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.

120
600
-
-
withholding
2 196
10 903
-
-
total
2 316
11 503
-
-
Income
65 000
65 000
65 000
65 000
Total tax
18 223
31 364
15 842
18 469
After tax
46 777
33 636
49 158
46 531
Living cost
38 780
38 780
38 780
38 780
Free-cash
7 997
-5 144
10 378
7 751

Estimated living cost  is ₽38780 per week

₽26751
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4173
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽562
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7293
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details 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
-₽11719
-₽13573
-₽7107
-₽7107
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
65 000
income
-
-
-
9 855
social contributions
-
-
-
5 033
total
-
-
-
14 888
Employee
78 572
-
65 000
-
income
14 826
-
9 855
-
social contributions
6 528
-
5 033
-
total
21 354
-
14 888
-
Employer
78 572
-
65 000
-
total
-
-
-
-
Corporate
-
65 000
-
-
income
-
8 124
-
-
total
-
8 124
-
-
Dividends
-
56 876
-
-
withholding
-
11 376
-
-
total
-
11 376
-
-
Income
65 000
65 000
65 000
65 000
Total tax
21 354
19 500
14 888
14 888
After tax
43 646
45 500
50 112
50 112
Living cost
57 219
57 219
57 219
57 219
Free-cash
-13 573
-11 719
-7 107
-7 107

Estimated living cost  is ₽57219 per week

₽43531
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4662
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽547
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8479
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

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
₽480
₽6299
-₽6787
₽10721
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
65 000
income
-
-
-
28 593
health

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

-
-
-
6 731
total
-
-
-
35 324
Employee
46 079
-
60 379
-
income
5 000
-
8 574
-
social contributions
4 617
-
4 621
-
total
9 617
-
13 195
-
Employer
46 079
-
60 379
-
social contributions
4 617
-
4 621
-
total
4 617
-
4 621
-
Corporate
14 304
65 000
-
-
income
5 006
22 750
-
-
total
5 006
22 750
-
-
Dividends
9 298
42 250
-
-
social contributions
2 998
5 307
-
-
total
2 998
5 307
-
-
Income
65 000
65 000
65 000
65 000
Total tax
22 238
28 057
17 816
35 324
After tax
42 762
36 943
47 184
29 676
Living cost
36 463
36 463
36 463
36 463
Free-cash
6 299
480
10 721
-6 787

Estimated living cost  is ₽36463 per week

₽24018
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2875
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.
₽9010
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽11439
₽5778
₽11396
₽4583
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
65 000
income
-
-
-
12 165
pensions
-
-
-
4 176
total
-
-
-
16 341
Employee
51 149
-
57 815
-
health
667
-
804
-
income
9 315
-
10 461
-
pensions
3 904
-
4 704
-
total
13 886
-
15 969
-
Employer
51 149
-
57 815
-
pensions
5 168
-
6 087
-
health
972
-
1 098
-
total
6 140
-
7 185
-
Corporate
7 711
65 000
-
-
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.

1 465
12 350
-
-
total
1 465
12 350
-
-
Dividends
6 246
52 650
-
-
withholding
468
3 948
-
-
total
468
3 948
-
-
Income
65 000
65 000
65 000
65 000
Total tax
21 959
16 298
23 154
16 341
After tax
43 041
48 702
41 846
48 659
Living cost
37 263
37 263
37 263
37 263
Free-cash
5 778
11 439
4 583
11 396

Estimated living cost  is ₽37263 per week

₽25562
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3427
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽466
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7806
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽18604
₽1603
₽20967
₽9890
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
65 000
accident
-
-
-
253
income
-
-
-
13 186
pensions
-
-
-
4 169
other
-
-
-
371
health
-
-
-
2 185
total
-
-
-
20 164
Employee
37 547
-
53 996
-
health
4 299
-
6 183
-
income
5 151
-
7 973
-
pensions
4 228
-
6 080
-
total
13 678
-
20 236
-
Employer
37 547
-
53 996
-
accident
627
-
902
-
unemployment
920
-
1 323
-
pensions
6 105
-
8 780
-
total
7 652
-
11 005
-
Corporate
19 802
65 000
-
-
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.

17 822
58 500
-
-
total
17 822
58 500
-
-
Dividends
1 980
6 500
-
-
withholding
376
1 235
-
-
total
376
1 235
-
-
Income
65 000
65 000
65 000
65 000
Total tax
39 528
59 735
31 241
20 164
After tax
25 472
5 265
33 759
44 836
Living cost
23 869
23 869
23 869
23 869
Free-cash
1 603
-18 604
9 890
20 967

Estimated living cost  is ₽23869 per week

₽17517
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1391
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽481
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4480
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽41684
₽36800
₽24535
₽24535
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
65 000
work injury
-
-
-
325
health insurance
-
-
-
4 810
income
-
-
-
9 024
pensions
-
-
-
11 960
unemployment
-
-
-
780
total
-
-
-
26 899
Employee

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

21 706
-
65 000
-
work injury
109
-
325
-
income
2 171
-
9 024
-
pensions
3 994
-
11 960
-
health insurance
1 606
-
4 810
-
unemployment
260
-
780
-
total
8 140
-
26 899
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
43 294
65 000
-
-
income

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

-
-
-
-
total
-
-
-
-
Dividends
43 294
65 000
-
-
withholding
6 494
9 750
-
-
total
6 494
9 750
-
-
Income
65 000
65 000
65 000
65 000
Total tax
14 634
9 750
26 899
26 899
After tax
50 366
55 250
38 101
38 101
Living cost
13 566
13 566
13 566
13 566
Free-cash
36 800
41 684
24 535
24 535

Estimated living cost  is ₽13566 per week

₽8404
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽986
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽423
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3753
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽5780
-₽19644
-₽5093
-₽8699
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
65 000
municipal
-
-
-
435
regional
-
-
-
1 032
national
-
-
-
11 893
social contributions
-
-
-
16 717
total
-
-
-
30 077
Employee
84 643
-
65 000
-
social contributions
28 541
-
21 917
-
regional
1 278
-
891
-
municipal
505
-
387
-
national
14 304
-
10 488
-
total
44 628
-
33 683
-
Employer
84 643
-
65 000
-
total
-
-
-
-
Corporate
-
65 000
-
-
nationa
-
15 600
-
-
municipal
-
3 134
-
-
total
-
18 734
-
-
Dividends
-
46 266
-
-
withholding
-
12 030
-
-
total
-
12 030
-
-
Income
65 000
65 000
65 000
65 000
Total tax
44 628
30 764
33 683
30 077
After tax
20 372
34 236
31 317
34 923
Living cost
40 016
40 016
40 016
40 016
Free-cash
-19 644
-5 780
-8 699
-5 093

Estimated living cost  is ₽40016 per week

₽28108
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2753
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽604
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8549
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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