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
₽ 65500
per

Your estimated
City
free-cash

Dresden , Germany
₽2656
₽13817
₽16030
₽18956
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
65 500
trade
-
-
-
2 926
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.

-
-
-
8 612
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.

-
-
-
6 894
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.

-
-
-
473
total
-
-
-
18 905
Employee

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

38 597
-
65 500
-
health

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

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

6 894
-
6 894
-
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
-
473
-
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.

1 078
-
8 612
-
total
8 031
-
15 979
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
26 903
65 500
-
-
surtax

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

222
540
-
-
income
4 035
9 826
-
-
trade
4 238
10 316
-
-
chamber of commerce
191
247
-
-
total
8 686
20 929
-
-
Dividends
18 217
44 571
-
-
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.

230
592
-
-
withholding
4 171
10 758
-
-
total
4 401
11 350
-
-
Income
65 500
65 500
65 500
65 500
Total tax
21 118
32 279
15 979
18 905
After tax
44 382
33 221
49 521
46 595
Living cost
30 565
30 565
30 565
30 565
Free-cash
13 817
2 656
18 956
16 030

Estimated living cost  is ₽30565 per week

₽19226
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3564
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽571
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7204
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽10118
-₽20718
-₽10332
-₽9818
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
65 500
municipal
-
-
-
6 385
pensions
-
-
-
7 860
national
-
-
-
9 893
social contributions
-
-
-
704
total
-
-
-
24 842
Employee
79 044
-
56 624
-
municipal
9 763
-
6 638
-
pensions
3 162
-
2 265
-
national
15 129
-
10 286
-
total
28 054
-
19 189
-
Employer
79 044
-
56 624
-
social contributions
850
-
609
-
pensions
6 324
-
4 530
-
total
7 174
-
5 139
-
Corporate
-
65 500
-
-
income

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

-
13 100
-
-
total
-
13 100
-
-
Dividends
-
52 400
-
-
withholding
-
11 528
-
-
total
-
11 528
-
-
Income
65 500
65 500
65 500
65 500
Total tax
35 228
24 628
24 328
24 842
After tax
30 272
40 872
41 172
40 658
Living cost
50 990
50 990
50 990
50 990
Free-cash
-20 718
-10 118
-9 818
-10 332

Estimated living cost  is ₽50990 per week

₽34657
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4740
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽763
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10830
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽31406
₽23129
₽31503
₽16329
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
65 500
microenterprise
-
-
-
9 826
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.

-
-
-
3 177
total
-
-
-
13 003
Employee
29 487
-
52 784
-
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.

3 244
-
5 806
-
surtax
-
-
-
-
income
5 249
-
9 655
-
total
8 493
-
15 461
-
Employer
29 487
-
52 784
-
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.

7 103
-
12 716
-
surtax
-
-
-
-
total
7 103
-
12 716
-
Corporate
28 910
65 500
-
-
income

Corporate income tax rate is 20% applicable to the taxable base. However, before applying the statutory rate, the taxable base should be divided by a coefficient of 0.8. As taxable base is increased by the coefficient, the effective corporate income tax rate is 25%.

5 781
13 100
-
-
total
5 781
13 100
-
-
Dividends

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

23 129
52 400
-
-
total
-
-
-
-
Income
65 500
65 500
65 500
65 500
Total tax
21 377
13 100
28 177
13 003
After tax
44 123
52 400
37 323
52 497
Living cost
20 994
20 994
20 994
20 994
Free-cash
23 129
31 406
16 329
31 503

Estimated living cost  is ₽20994 per week

₽13393
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1999
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5125
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽29042
-₽34706
-₽4896
-₽34706
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
65 500
income
-
-
-
6 278
pensions
-
-
-
11 789
health
-
-
-
10 056
total
-
-
-
28 123
Employee
86 174
86 174
86 174
-
health
13 227
11 251
13 227
-
income

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

14 105
14 105
14 105
-
pensions
15 511
11 823
15 511
-
total
42 843
37 179
42 843
-
Employer
86 174
86 174
86 174
-
unemployment
3 102
3 102
3 102
-
pensions
5 998
5 998
5 998
-
health
5 990
5 990
5 990
-
total
15 090
15 090
15 090
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
65 500
65 500
65 500
65 500
Total tax
57 933
52 269
57 933
28 123
After tax
7 567
13 231
7 567
37 377
Living cost
42 273
42 273
42 273
42 273
Free-cash
-34 706
-29 042
-34 706
-4 896

Estimated living cost  is ₽42273 per week

₽29958
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3811
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽672
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7832
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽3226
-₽7513
-₽6338
-₽4011
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
65 500
municipal
-
-
-
13 874
accident
-
-
-
131
pensions
-
-
-
7 081
other
-
-
-
7 611
unemployment
-
-
-
65
health
-
-
-
4 087
national
-
-
-
-
total
-
-
-
32 849
Employee
55 556
-
49 840
-
municipal
16 567
-
14 862
-
national
-
-
-
-
total
16 567
-
14 862
-
Employer
55 556
-
49 840
-
accident
111
-
100
-
other
6 456
-
5 791
-
unemployment
1 467
-
1 316
-
pensions
6 006
-
5 388
-
health
3 417
-
3 065
-
total
17 457
-
15 660
-
Corporate
-
65 500
-
-
income
-
14 410
-
-
total
-
14 410
-
-
Dividends
-
51 090
-
-
withholding
-
15 327
-
-
total
-
15 327
-
-
Income
65 500
65 500
65 500
65 500
Total tax
34 024
29 737
30 522
32 849
After tax
31 476
35 763
34 978
32 651
Living cost
38 989
38 989
38 989
38 989
Free-cash
-7 513
-3 226
-4 011
-6 338

Estimated living cost  is ₽38989 per week

₽25841
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3826
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.
₽8731
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽6760
₽7421
₽6823
₽9879
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
65 500
trade
-
-
-
3 056
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.

-
-
-
8 612
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.

-
-
-
6 894
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.

-
-
-
473
total
-
-
-
19 035
Employee

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

51 174
-
65 500
-
health

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

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

6 894
-
6 894
-
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.

241
-
473
-
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.

4 397
-
8 612
-
total
11 532
-
15 979
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
14 326
65 500
-
-
surtax

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

119
540
-
-
income
2 149
9 826
-
-
trade
2 357
10 776
-
-
chamber of commerce
174
247
-
-
total
4 799
21 389
-
-
Dividends
9 527
44 112
-
-
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.

109
586
-
-
withholding
1 997
10 643
-
-
total
2 106
11 229
-
-
Income
65 500
65 500
65 500
65 500
Total tax
18 437
32 618
15 979
19 035
After tax
47 063
32 882
49 521
46 465
Living cost
39 642
39 642
39 642
39 642
Free-cash
7 421
-6 760
9 879
6 823

Estimated living cost  is ₽39642 per week

₽26513
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4180
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.
₽8357
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽9951
₽11232
₽17627
₽13062
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
65 500
income
-
-
-
3 254
health
-
-
-
1 670
social contributions
-
-
-
10 218
total
-
-
-
15 142
Employee
77 596
77 596
77 596
-
social contributions
3 771
6 440
4 935
-
health
772
1 319
1 011
-
income
8 148
7 183
7 727
-
total
12 691
14 942
13 673
-
Employer
77 596
77 596
77 596
-
social contributions
3 771
6 440
4 935
-
health
841
1 436
1 099
-
total
4 612
7 876
6 034
-
Corporate
15 467
-
-
-
income
1 934
-
-
-
total
1 934
-
-
-
Dividends
13 533
-
-
-
withholding
2 300
-
-
-
total
2 300
-
-
-
Income
65 500
65 500
65 500
65 500
Total tax
21 537
22 818
19 707
15 142
After tax
43 963
42 682
45 793
50 358
Living cost
32 731
32 731
32 731
32 731
Free-cash
11 232
9 951
13 062
17 627

Estimated living cost  is ₽32731 per week

₽22375
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2557
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽550
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7250
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽18695
₽19075
₽27041
₽19636
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
65 500
income
-
-
-
8 007
pensions
-
-
-
6 550
unemployment
-
-
-
982
health
-
-
-
4 585
total
-
-
-
20 124
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.

26 467
10 533
54 812
-
health
1 853
737
3 837
-
income
3 236
1 288
6 701
-
pensions
2 647
1 053
5 481
-
unemployment
397
158
822
-
total
8 133
3 236
16 841
-
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.

26 467
10 533
54 812
-
pensions
5 161
2 054
10 688
-
total
5 161
2 054
10 688
-
Corporate
33 872
52 913
-
-
income
3 049
4 762
-
-
total
3 049
4 762
-
-
Dividends
30 824
48 151
-
-
social contributions
5 890
9 269
-
-
withholding
5 857
9 149
-
-
total
11 747
18 418
-
-
Income
65 500
65 500
65 500
65 500
Total tax
28 090
28 470
27 529
20 124
After tax
37 410
37 030
37 971
45 376
Living cost
18 335
18 335
18 335
18 335
Free-cash
19 075
18 695
19 636
27 041

Estimated living cost  is ₽18335 per week

₽12512
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1500
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽366
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3956
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28026
₽21756
₽11220
₽13496
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
65 500
income
-
-
-
8 290
pensions
-
-
-
13 100
health
-
-
-
8 516
total
-
-
-
29 906
Employee
28 627
-
48 953
-
income
3 223
-
9 320
-
pensions
573
-
979
-
unemployment
458
-
783
-
total
4 254
-
11 082
-
Employer
28 627
-
48 953
-
unemployment
230
-
393
-
pensions
5 726
-
9 791
-
health
3 721
-
6 364
-
total
9 677
-
16 548
-
Corporate
27 197
65 500
-
-
income
5 439
13 100
-
-
total
5 439
13 100
-
-
Dividends
21 758
52 400
-
-
total
-
-
-
-
Income
65 500
65 500
65 500
65 500
Total tax
19 370
13 100
27 630
29 906
After tax
46 130
52 400
37 870
35 594
Living cost
24 374
24 374
24 374
24 374
Free-cash
21 756
28 026
13 496
11 220

Estimated living cost  is ₽24374 per week

₽16718
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1452
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.
₽5714
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽16765
₽1920
₽23106
₽11915
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
65 500
accident
-
-
-
253
income
-
-
-
13 336
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
20 323
Employee
34 719
-
54 411
-
health
3 975
-
6 230
-
income
4 763
-
8 070
-
pensions
3 909
-
6 126
-
total
12 647
-
20 426
-
Employer
34 719
-
54 411
-
accident
580
-
908
-
unemployment
851
-
1 333
-
pensions
5 646
-
8 847
-
total
7 077
-
11 088
-
Corporate
23 706
65 500
-
-
income

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

21 335
58 950
-
-
total
21 335
58 950
-
-
Dividends
2 371
6 550
-
-
withholding
450
1 244
-
-
total
450
1 244
-
-
Income
65 500
65 500
65 500
65 500
Total tax
41 509
60 194
31 514
20 323
After tax
23 991
5 306
33 986
45 177
Living cost
22 071
22 071
22 071
22 071
Free-cash
1 920
-16 765
11 915
23 106

Estimated living cost  is ₽22071 per week

₽16176
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1223
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽461
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4212
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽53146
₽51445
₽55766
₽43321
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
65 500
microenterprise

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

-
-
-
655
total
-
-
-
655
Employee
11 349
-
65 500
-
income
2 269
-
13 100
-
total
2 269
-
13 100
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

54 151
65 500
-
-
total
-
-
-
-
Dividends
54 151
65 500
-
-
withholding
2 707
3 275
-
-
total
2 707
3 275
-
-
Income
65 500
65 500
65 500
65 500
Total tax
4 976
3 275
13 100
655
After tax
60 524
62 225
52 400
64 845
Living cost
9 079
9 079
9 079
9 079
Free-cash
51 445
53 146
43 321
55 766

Estimated living cost  is ₽9079 per week

₽5627
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽755
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.
₽2448
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽21235
₽14419
₽8578
₽11502
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
65 500
income
-
-
-
8 319
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.

-
-
-
15 720
other
-
-
-
3 112
health
-
-
-
2 882
total
-
-
-
30 033
Employee
36 640
-
52 315
-
health
513
-
732
-
income
6 308
-
9 006
-
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.

2 564
-
3 663
-
unemployment
366
-
523
-
total
9 751
-
13 924
-
Employer
36 640
-
52 315
-
accident
293
-
419
-
other
1 833
-
2 616
-
unemployment
366
-
523
-
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.

6 229
-
8 895
-
health
513
-
732
-
total
9 234
-
13 185
-
Corporate
19 626
65 500
-
-
income
4 121
13 755
-
-
total
4 121
13 755
-
-
Dividends
15 505
51 745
-
-
withholding
1 086
3 621
-
-
total
1 086
3 621
-
-
Income
65 500
65 500
65 500
65 500
Total tax
24 192
17 376
27 109
30 033
After tax
41 308
48 124
38 391
35 467
Living cost
26 889
26 889
26 889
26 889
Free-cash
14 419
21 235
11 502
8 578

Estimated living cost  is ₽26889 per week

₽18999
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1815
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽433
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5642
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽18646
-₽43450
-₽18685
-₽25549
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
65 500
income
-
-
-
12 259
pensions
-
-
-
4 204
total
-
-
-
16 463
Employee
95 816
-
58 263
-
health
1 579
-
810
-
income
17 272
-
10 544
-
pensions
9 244
-
4 737
-
total
28 095
-
16 091
-
Employer
95 816
-
58 263
-
pensions
11 313
-
6 130
-
health
1 820
-
1 106
-
total
13 133
-
7 236
-
Corporate
-
65 500
-
-
income

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

-
12 446
-
-
total
-
12 446
-
-
Dividends
-
53 054
-
-
withholding
-
3 978
-
-
total
-
3 978
-
-
Income
65 500
65 500
65 500
65 500
Total tax
41 228
16 424
23 327
16 463
After tax
24 272
49 076
42 173
49 037
Living cost
67 722
67 722
67 722
67 722
Free-cash
-43 450
-18 646
-25 549
-18 685

Estimated living cost  is ₽67722 per week

₽50745
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7957
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽551
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8470
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽42764
₽38073
₽33019
₽34375
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
65 500
income
-
-
-
9 825
pensions

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

-
-
-
5 220
unemployment
-
-
-
141
health
-
-
-
4 056
total
-
-
-
19 242
Employee
17 531
-
58 580
-
health
806
-
1 622
-
accident

We are using the highest rate at 1.1%.

193
-
388
-
income
1 753
-
5 858
-
pensions

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

1 539
-
3 097
-
total
4 291
-
10 965
-
Employer
17 531
-
58 580
-
accident

We are using the highest rate at 1.1%.

193
-
388
-
unemployment
105
-
212
-
pensions

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

1 932
-
3 887
-
health
1 210
-
2 434
-
total
3 440
-
6 921
-
Corporate
44 529
65 500
-
-
income
4 453
6 550
-
-
total
4 453
6 550
-
-
Dividends
40 076
58 950
-
-
withholding
2 004
2 947
-
-
total
2 004
2 947
-
-
Income
65 500
65 500
65 500
65 500
Total tax
14 188
9 497
17 886
19 242
After tax
51 312
56 003
47 614
46 258
Living cost
13 239
13 239
13 239
13 239
Free-cash
38 073
42 764
34 375
33 019

Estimated living cost  is ₽13239 per week

₽7729
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽945
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽351
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4214
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽42726
-₽44437
-₽18580
-₽48390
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
65 500
income
-
-
-
6 278
pensions
-
-
-
11 789
health
-
-
-
10 056
total
-
-
-
28 123
Employee
93 558
86 174
86 174
-
health
11 672
11 251
13 227
-
income

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

14 105
14 105
14 105
-
pensions
11 823
11 823
15 511
-
total
37 600
37 179
42 843
-
Employer
93 558
86 174
86 174
-
unemployment
3 368
3 102
3 102
-
pensions
6 511
5 998
5 998
-
health
6 501
5 990
5 990
-
total
16 380
15 090
15 090
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
65 500
65 500
65 500
65 500
Total tax
53 980
52 269
57 933
28 123
After tax
11 520
13 231
7 567
37 377
Living cost
55 957
55 957
55 957
55 957
Free-cash
-44 437
-42 726
-48 390
-18 580

Estimated living cost  is ₽55957 per week

₽41278
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4998
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽642
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9041
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽20930
₽12307
₽7735
₽9072
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
65 500
income
-
-
-
5 630
health
-
-
-
8 842
solidarity contribution
-
-
-
-
social contributions
-
-
-
19 126
total
-
-
-
33 598
Employee
35 540
-
48 881
-
social contributions
2 310
-
3 177
-
health
4 798
-
6 599
-
solidarity contribution
-
-
-
-
income
4 265
-
5 866
-
total
11 373
-
15 642
-
Employer
35 540
-
48 881
-
social contributions
8 885
-
12 220
-
health
3 199
-
4 399
-
total
12 084
-
16 619
-
Corporate
17 877
65 500
-
-
income
3 397
12 445
-
-
total
3 397
12 445
-
-
Dividends
14 480
53 055
-
-
withholding
2 172
7 958
-
-
total
2 172
7 958
-
-
Income
65 500
65 500
65 500
65 500
Total tax
29 026
20 403
32 261
33 598
After tax
36 474
45 097
33 239
31 902
Living cost
24 167
24 167
24 167
24 167
Free-cash
12 307
20 930
9 072
7 735

Estimated living cost  is ₽24167 per week

₽16787
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1719
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.
₽5186
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽7635
-₽24183
-₽6971
-₽10673
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
65 500
municipal
-
-
-
389
regional
-
-
-
667
national
-
-
-
11 988
social contributions
-
-
-
16 846
total
-
-
-
29 890
Employee
89 684
-
65 500
-
social contributions
30 241
-
22 087
-
regional
846
-
585
-
municipal
475
-
347
-
national
15 540
-
10 573
-
total
47 102
-
33 592
-
Employer
89 684
-
65 500
-
total
-
-
-
-
Corporate
-
65 500
-
-
nationa
-
15 720
-
-
municipal
-
2 555
-
-
total
-
18 275
-
-
Dividends
-
47 225
-
-
withholding
-
12 279
-
-
total
-
12 279
-
-
Income
65 500
65 500
65 500
65 500
Total tax
47 102
30 554
33 592
29 890
After tax
18 398
34 946
31 908
35 610
Living cost
42 581
42 581
42 581
42 581
Free-cash
-24 183
-7 635
-10 673
-6 971

Estimated living cost  is ₽42581 per week

₽29682
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2792
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽653
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9452
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽18931
₽15790
₽14120
₽12691
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
65 500
income
-
-
-
10 333
pensions
-
-
-
13 100
other
-
-
-
-
unemployment
-
-
-
230
health
-
-
-
4 650
surtax
-
-
-
799
total
-
-
-
29 112
Employee
33 371
-
54 108
-
other
-
-
-
-
health
852
-
1 379
-
surtax
109
-
689
-
income
5 594
-
9 705
-
pensions
2 225
-
3 610
-
unemployment
2 323
-
3 767
-
total
11 103
-
19 150
-
Employer
33 371
-
54 108
-
other
-
-
-
-
unemployment
1 057
-
1 716
-
pensions
4 449
-
7 212
-
health
1 519
-
2 463
-
total
7 025
-
11 391
-
Corporate
25 105
65 500
-
-
income
6 528
17 030
-
-
total
6 528
17 030
-
-
Dividends
18 577
48 470
-
-
withholding
2 786
7 271
-
-
total
2 786
7 271
-
-
Income
65 500
65 500
65 500
65 500
Total tax
27 442
24 301
30 541
29 112
After tax
38 058
41 199
34 959
36 388
Living cost
22 268
22 268
22 268
22 268
Free-cash
15 790
18 931
12 691
14 120

Estimated living cost  is ₽22268 per week

₽13616
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2055
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽513
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6084
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽2810
-₽6884
₽2771
-₽4093
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
65 500
income
-
-
-
12 259
pensions
-
-
-
4 204
total
-
-
-
16 463
Employee
64 213
-
58 263
-
health
932
-
810
-
income
11 565
-
10 544
-
pensions
5 450
-
4 737
-
total
17 947
-
16 091
-
Employer
64 213
-
58 263
-
pensions
6 951
-
6 130
-
health
1 220
-
1 106
-
total
8 171
-
7 236
-
Corporate
-
65 500
-
-
income

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

-
12 446
-
-
total
-
12 446
-
-
Dividends
-
53 054
-
-
withholding
-
3 978
-
-
total
-
3 978
-
-
Income
65 500
65 500
65 500
65 500
Total tax
26 118
16 424
23 327
16 463
After tax
39 382
49 076
42 173
49 037
Living cost
46 266
46 266
46 266
46 266
Free-cash
-6 884
2 810
-4 093
2 771

Estimated living cost  is ₽46266 per week

₽34662
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3468
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.
₽7651
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽46315
-₽32253
-₽20896
-₽24253
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
65 500
city
-
-
-
689
pensions
-
-
-
6 025
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.

-
-
-
1 310
regional
-
-
-
1 630
health
-
-
-
249
national
-
-
-
227
total
-
-
-
10 130
Employee
89 251
-
58 625
-
city
958
-
631
-
regional
2 923
-
1 381
-
health
202
-
131
-
pensions
7 498
-
4 926
-
unemployment
-
-
-
-
national
422
-
188
-
total
12 003
-
7 257
-
Employer
89 251
-
58 625
-
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.

1 784
-
1 173
-
unemployment
-
-
-
-
pensions
7 498
-
4 926
-
health
202
-
131
-
total
9 484
-
6 230
-
Corporate
-
65 500
-
-
regional
-
13 853
-
-
national
-
5 567
-
-
total
-
19 420
-
-
Dividends
-
46 081
-
-
withholding
-
16 129
-
-
total
-
16 129
-
-
Income
65 500
65 500
65 500
65 500
Total tax
21 487
35 549
13 487
10 130
After tax
44 013
29 951
52 013
55 370
Living cost
76 266
76 266
76 266
76 266
Free-cash
-32 253
-46 315
-24 253
-20 896

Estimated living cost  is ₽76266 per week

₽49595
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6844
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽936
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18891
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽13681
₽2682
₽106
₽3293
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
65 500
trade
-
-
-
3 187
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.

-
-
-
8 612
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.

-
-
-
6 894
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.

-
-
-
473
total
-
-
-
19 166
Employee

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

60 646
-
65 500
-
health

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

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

6 894
-
6 894
-
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.

393
-
473
-
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.

7 131
-
8 612
-
total
14 418
-
15 979
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
4 854
65 500
-
-
surtax

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

40
540
-
-
income
728
9 826
-
-
trade
833
11 233
-
-
chamber of commerce
161
245
-
-
total
1 762
21 844
-
-
Dividends
3 092
43 656
-
-
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.

21
578
-
-
withholding
389
10 531
-
-
total
410
11 109
-
-
Income
65 500
65 500
65 500
65 500
Total tax
16 590
32 953
15 979
19 166
After tax
48 910
32 547
49 521
46 334
Living cost
46 228
46 228
46 228
46 228
Free-cash
2 682
-13 681
3 293
106

Estimated living cost  is ₽46228 per week

₽33763
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3698
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽601
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8167
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽1513
₽4448
₽4556
₽4964
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
65 500
income
-
-
-
3 309
pensions
-
-
-
18 646
other
-
-
-
2 030
health
-
-
-
567
surtax
-
-
-
-
social contributions
-
-
-
1 867
total
-
-
-
26 419
Employee
43 189
-
49 912
-
social contributions
1 231
-
1 423
-
surtax
-
-
-
-
income
2 549
-
3 361
-
pensions
4 883
-
5 643
-
total
8 663
-
10 427
-
Employer
43 189
-
49 912
-
other
1 490
-
1 722
-
social contributions
130
-
149
-
unemployment
1 748
-
2 022
-
pensions
7 095
-
8 198
-
health
3 024
-
3 493
-
total
13 487
-
15 584
-
Corporate
8 824
65 500
-
-
surtax
-
-
-
-
income
2 470
18 340
-
-
total
2 470
18 340
-
-
Dividends
6 354
47 160
-
-
surtax
-
-
-
-
social contributions
1 093
8 112
-
-
withholding
814
6 036
-
-
total
1 907
14 148
-
-
Income
65 500
65 500
65 500
65 500
Total tax
26 527
32 488
26 011
26 419
After tax
38 973
33 012
39 489
39 081
Living cost
34 525
34 525
34 525
34 525
Free-cash
4 448
-1 513
4 964
4 556

Estimated living cost  is ₽34525 per week

₽21770
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2807
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽588
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9362
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽1907
₽7514
₽7976
₽8384
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
65 500
income
-
-
-
3 309
pensions
-
-
-
18 646
other
-
-
-
2 030
health
-
-
-
567
surtax
-
-
-
-
social contributions
-
-
-
1 867
total
-
-
-
26 419
Employee
38 552
-
49 912
-
social contributions
1 099
-
1 423
-
surtax
-
-
-
-
income
1 988
-
3 361
-
pensions
4 360
-
5 643
-
total
7 447
-
10 427
-
Employer
38 552
-
49 912
-
other
1 331
-
1 722
-
social contributions
115
-
149
-
unemployment
1 561
-
2 022
-
pensions
6 335
-
8 198
-
health
2 698
-
3 493
-
total
12 040
-
15 584
-
Corporate
14 909
65 500
-
-
surtax
-
-
-
-
income
4 175
18 340
-
-
total
4 175
18 340
-
-
Dividends
10 734
47 160
-
-
surtax
-
-
-
-
social contributions
1 846
8 112
-
-
withholding
1 373
6 036
-
-
total
3 219
14 148
-
-
Income
65 500
65 500
65 500
65 500
Total tax
26 881
32 488
26 011
26 419
After tax
38 619
33 012
39 489
39 081
Living cost
31 105
31 105
31 105
31 105
Free-cash
7 514
1 907
8 384
7 976

Estimated living cost  is ₽31105 per week

₽18039
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3160
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽590
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9316
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽18563
₽19086
₽20666
₽17589
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
65 500
income
-
-
-
9 826
health
-
-
-
4 571
social contributions
-
-
-
9 039
total
-
-
-
23 436
Employee
34 215
-
65 500
-
social contributions
4 722
-
9 039
-
health
2 388
-
4 571
-
income
5 707
-
12 903
-
total
12 817
-
26 513
-
Employer
34 215
-
65 500
-
total
-
-
-
-
Corporate
31 285
65 500
-
-
income

The standard tax rate is 15%. However, small companies and agricultural companies can apply a reduced corporate income tax rate of 0% to the first year of operation when certain conditions are met; and 5% to revenues of less than €300,000 per year. We made calculations based on 5% and skipped 0%.

1 565
3 275
-
-
total
1 565
3 275
-
-
Dividends
29 720
62 225
-
-
health
2 074
4 343
-
-
social contributions
4 102
8 587
-
-
withholding
4 458
9 334
-
-
total
10 634
22 264
-
-
Income
65 500
65 500
65 500
65 500
Total tax
25 016
25 539
26 513
23 436
After tax
40 484
39 961
38 987
42 064
Living cost
21 398
21 398
21 398
21 398
Free-cash
19 086
18 563
17 589
20 666

Estimated living cost  is ₽21398 per week

₽14320
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1319
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽492
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5264
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽1759
-₽599
₽114
-₽11571
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
65 500
chamber of commerce
-
-
-
262
income
-
-
-
6 049
pensions
-
-
-
12 118
unemployment
-
-
-
6 189
health
-
-
-
5 012
surtax
-
-
-
199
total
-
-
-
29 829
Employee
50 431
40 215
50 709
-
other
504
402
507
-
health
1 951
1 557
1 963
-
income
5 741
2 966
5 820
-
pensions
5 165
4 117
5 193
-
unemployment
1 513
1 206
1 520
-
total
14 874
10 248
15 003
-
Employer
50 431
40 215
50 709
-
accident
655
523
659
-
other
2 396
1 909
2 409
-
chamber of commerce
201
161
203
-
unemployment
1 513
1 206
1 520
-
surtax
199
199
199
-
pensions
6 329
5 048
6 364
-
payroll
1 513
1 206
1 520
-
health
1 905
1 520
1 917
-
total
14 711
11 772
14 791
-
Corporate
3 830
13 512
46 879
-
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.

957
3 378
11 720
-
total
957
3 378
11 720
-
Dividends
-
10 134
-
-
withholding
-
2 786
-
-
total
-
2 786
-
-
Income
65 500
65 500
65 500
65 500
Total tax
30 542
28 184
41 514
29 829
After tax
34 958
37 316
23 986
35 671
Living cost
35 557
35 557
35 557
35 557
Free-cash
-599
1 759
-11 571
114

Estimated living cost  is ₽35557 per week

₽23715
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3033
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽584
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8225
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽70
-₽27695
-₽2724
-₽9173
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
65 500
national
-
-
-
19 693
communal

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

-
-
-
3 432
social contributions
-
-
-
8 305
total
-
-
-
31 430
Employee

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

72 183
-
50 732
-
communal

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

3 765
-
2 647
-
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.

3 391
-
2 384
-
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.

5 414
-
3 805
-
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.

628
-
440
-
national
22 192
-
13 835
-
total
35 390
-
23 111
-
Employer

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

72 183
-
50 732
-
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.

938
-
659
-
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.

1 053
-
741
-
surtax
8 185
-
5 753
-
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.

6 396
-
4 494
-
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.

4 439
-
3 121
-
total
21 011
-
14 768
-
Corporate
-
65 500
-
-
surtax
-
262
-
-
income
-
13 100
-
-
total
-
13 362
-
-
Dividends
-
52 137
-
-
withholding

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

-
15 274
-
-
total
-
15 274
-
-
Income
65 500
65 500
65 500
65 500
Total tax
56 401
28 636
37 879
31 430
After tax
9 099
36 864
27 621
34 070
Living cost
36 794
36 794
36 794
36 794
Free-cash
-27 695
70
-9 173
-2 724

Estimated living cost  is ₽36794 per week

₽23700
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3217
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽576
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9301
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽7770
-₽742
-₽835
-₽368
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
65 500
accident
-
-
-
590
income
-
-
-
10 242
pensions
-
-
-
18 537
other
-
-
-
65
unemployment
-
-
-
458
total
-
-
-
29 892
Employee
50 231
-
49 663
-
other
50
-
50
-
income
10 598
-
10 440
-
pensions
2 361
-
2 334
-
unemployment
779
-
770
-
total
13 788
-
13 594
-
Employer
50 231
-
49 663
-
accident
994
-
982
-
other
400
-
398
-
unemployment
2 763
-
2 731
-
pensions
11 854
-
11 720
-
total
16 011
-
15 831
-
Corporate
-
65 500
-
-
income

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

-
9 826
-
-
total
-
9 826
-
-
Dividends
-
55 674
-
-
withholding
-
11 461
-
-
total
-
11 461
-
-
Income
65 500
65 500
65 500
65 500
Total tax
29 799
21 287
29 425
29 892
After tax
35 701
44 213
36 075
35 608
Living cost
36 443
36 443
36 443
36 443
Free-cash
-742
7 770
-368
-835

Estimated living cost  is ₽36443 per week

₽26837
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2585
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6496
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽13927
-₽20049
-₽12161
-₽10888
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
65 500
accident
-
-
-
590
income
-
-
-
3 373
pensions
-
-
-
10 481
health
-
-
-
4 912
surtax
-
-
-
3 466
communal
-
-
-
-
total
-
-
-
22 822
Employee
76 419
-
58 508
-
health
3 401
-
2 602
-
surtax
4 684
-
3 585
-
income
7 381
-
3 692
-
pensions
6 113
-
4 680
-
total
21 579
-
14 559
-
Employer
76 419
-
58 508
-
accident
687
-
527
-
pensions
6 113
-
4 680
-
health
2 331
-
1 783
-
total
9 131
-
6 990
-
Corporate
-
65 500
-
-
surtax
-
687
-
-
communal
-
4 422
-
-
income
-
9 826
-
-
total
-
14 935
-
-
Dividends
-
50 565
-
-
income
-
2 068
-
-
withholding
-
7 585
-
-
total
-
9 653
-
-
Income
65 500
65 500
65 500
65 500
Total tax
30 710
24 588
21 549
22 822
After tax
34 790
40 912
43 951
42 678
Living cost
54 839
54 839
54 839
54 839
Free-cash
-20 049
-13 927
-10 888
-12 161

Estimated living cost  is ₽54839 per week

₽41138
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3323
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽580
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9797
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽18533
₽15324
₽13722
₽12293
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
65 500
income
-
-
-
10 333
pensions
-
-
-
13 100
other
-
-
-
-
unemployment
-
-
-
230
health
-
-
-
4 650
surtax
-
-
-
799
total
-
-
-
29 112
Employee
33 983
-
54 108
-
other
-
-
-
-
health
867
-
1 379
-
surtax
121
-
689
-
income
5 697
-
9 705
-
pensions
2 267
-
3 610
-
unemployment
2 365
-
3 767
-
total
11 317
-
19 150
-
Employer
33 983
-
54 108
-
other
-
-
-
-
unemployment
1 078
-
1 716
-
pensions
4 531
-
7 212
-
health
1 545
-
2 463
-
total
7 154
-
11 391
-
Corporate
24 362
65 500
-
-
income
6 335
17 030
-
-
total
6 335
17 030
-
-
Dividends
18 027
48 470
-
-
withholding
2 704
7 271
-
-
total
2 704
7 271
-
-
Income
65 500
65 500
65 500
65 500
Total tax
27 510
24 301
30 541
29 112
After tax
37 990
41 199
34 959
36 388
Living cost
22 666
22 666
22 666
22 666
Free-cash
15 324
18 533
12 293
13 722

Estimated living cost  is ₽22666 per week

₽13684
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1971
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽527
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6486
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽7245
₽5004
₽8107
₽4428
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
65 500
municipal
-
-
-
389
regional
-
-
-
987
national
-
-
-
11 988
social contributions
-
-
-
16 846
total
-
-
-
30 210
Employee
55 977
-
65 500
-
social contributions
18 876
-
22 087
-
regional
754
-
882
-
municipal
297
-
347
-
national
8 868
-
10 573
-
total
28 795
-
33 889
-
Employer
55 977
-
65 500
-
total
-
-
-
-
Corporate
9 523
65 500
-
-
nationa
2 285
15 720
-
-
municipal
473
3 255
-
-
total
2 758
18 975
-
-
Dividends
6 765
46 524
-
-
withholding
1 760
12 097
-
-
total
1 760
12 097
-
-
Income
65 500
65 500
65 500
65 500
Total tax
33 313
31 072
33 889
30 210
After tax
32 187
34 428
31 611
35 290
Living cost
27 183
27 183
27 183
27 183
Free-cash
5 004
7 245
4 428
8 107

Estimated living cost  is ₽27183 per week

₽16906
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2754
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽465
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7059
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽15317
₽4693
₽2122
₽3459
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
65 500
income
-
-
-
5 630
health
-
-
-
8 842
solidarity contribution
-
-
-
-
social contributions
-
-
-
19 126
total
-
-
-
33 598
Employee
43 794
-
48 881
-
social contributions
2 847
-
3 177
-
health
5 912
-
6 599
-
solidarity contribution
-
-
-
-
income
5 255
-
5 866
-
total
14 014
-
15 642
-
Employer
43 794
-
48 881
-
social contributions
10 949
-
12 220
-
health
3 941
-
4 399
-
total
14 890
-
16 619
-
Corporate
6 816
65 500
-
-
income
1 295
12 445
-
-
total
1 295
12 445
-
-
Dividends
5 521
53 055
-
-
withholding
828
7 958
-
-
total
828
7 958
-
-
Income
65 500
65 500
65 500
65 500
Total tax
31 027
20 403
32 261
33 598
After tax
34 473
45 097
33 239
31 902
Living cost
29 780
29 780
29 780
29 780
Free-cash
4 693
15 317
3 459
2 122

Estimated living cost  is ₽29780 per week

₽22146
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1650
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.
₽5469
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽5229
₽4730
₽3676
-₽8168
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
65 500
chamber of commerce
-
-
-
262
income
-
-
-
6 049
pensions
-
-
-
12 118
unemployment
-
-
-
6 189
health
-
-
-
5 012
surtax
-
-
-
-
total
-
-
-
29 630
Employee
44 111
40 215
50 862
-
other
440
402
509
-
health
1 706
1 557
1 969
-
income
3 930
2 966
5 864
-
pensions
4 517
4 117
5 209
-
unemployment
1 323
1 206
1 526
-
total
11 916
10 248
15 077
-
Employer
44 111
40 215
50 862
-
accident
573
523
661
-
other
2 095
1 909
2 417
-
chamber of commerce
176
161
203
-
unemployment
1 323
1 206
1 526
-
surtax
-
-
-
-
pensions
5 536
5 048
6 383
-
payroll
1 323
1 206
1 526
-
health
1 668
1 520
1 923
-
total
12 694
11 573
14 639
-
Corporate
8 694
13 711
47 032
-
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.

2 174
3 428
11 758
-
total
2 174
3 428
11 758
-
Dividends
6 521
10 283
-
-
withholding
1 792
2 828
-
-
total
1 792
2 828
-
-
Income
65 500
65 500
65 500
65 500
Total tax
28 576
28 077
41 474
29 630
After tax
36 924
37 423
24 026
35 870
Living cost
32 194
32 194
32 194
32 194
Free-cash
4 730
5 229
-8 168
3 676

Estimated living cost  is ₽32194 per week

₽19313
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3288
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.
₽9020
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽48076
₽45423
₽50696
₽38251
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
65 500
microenterprise

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

-
-
-
655
total
-
-
-
655
Employee
17 686
-
65 500
-
income
3 537
-
13 100
-
total
3 537
-
13 100
-
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%.

47 814
65 500
-
-
total
-
-
-
-
Dividends
47 814
65 500
-
-
withholding
2 391
3 275
-
-
total
2 391
3 275
-
-
Income
65 500
65 500
65 500
65 500
Total tax
5 928
3 275
13 100
655
After tax
59 572
62 225
52 400
64 845
Living cost
14 149
14 149
14 149
14 149
Free-cash
45 423
48 076
38 251
50 696

Estimated living cost  is ₽14149 per week

₽9574
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽594
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽474
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3505
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽18028
₽9588
₽8376
₽6499
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
65 500
income
-
-
-
11 554
pensions
-
-
-
11 961
unemployment
-
-
-
98
health
-
-
-
6 444
total
-
-
-
30 057
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.

44 623
-
56 676
-
health
2 882
-
3 661
-
income
7 695
-
10 587
-
pensions
6 917
-
8 784
-
unemployment
63
-
79
-
total
17 557
-
23 111
-
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.

44 623
-
56 676
-
unemployment
27
-
34
-
pensions
3 949
-
5 015
-
health
2 972
-
3 774
-
total
6 948
-
8 823
-
Corporate
13 929
65 500
-
-
income
2 647
12 446
-
-
total
2 647
12 446
-
-
Dividends
11 283
53 054
-
-
withholding
1 693
7 959
-
-
total
1 693
7 959
-
-
Income
65 500
65 500
65 500
65 500
Total tax
28 845
20 405
31 934
30 057
After tax
36 655
45 095
33 566
35 443
Living cost
27 067
27 067
27 067
27 067
Free-cash
9 588
18 028
6 499
8 376

Estimated living cost  is ₽27067 per week

₽18575
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1735
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6233
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽3715
-₽85043
₽1701
₽8652
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
65 500
income
-
-
-
12 767
social contributions
-
-
-
7 467
total
-
-
-
20 234
Employee
62 466
-
-
-
social contributions
5 122
-
730
-
income
13 779
-
-
-
total
18 901
-
730
-
Employer
62 466
-
-
-
social contributions
88 077
-
12 553
-
total
88 077
-
12 553
-
Corporate
-
65 500
-
-
income
-
14 410
-
-
total
-
14 410
-
-
Dividends
-
51 090
-
-
income
-
11 240
-
-
total
-
11 240
-
-
Income
65 500
65 500
65 500
65 500
Total tax
106 978
25 650
13 283
20 234
After tax
-41 478
39 850
52 217
45 266
Living cost
43 565
43 565
43 565
43 565
Free-cash
-85 043
-3 715
8 652
1 701

Estimated living cost  is ₽43565 per week

₽28267
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.
₽10646
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽5603
₽4585
₽5853
₽3769
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
65 500
income
-
-
-
5 232
surtax
-
-
-
-
social contributions

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

-
-
-
22 762
total
-
-
-
27 994
Employee
46 411
-
52 930
-
social contributions
5 105
-
5 822
-
surtax
-
-
-
-
income
9 654
-
11 686
-
total
14 759
-
17 508
-
Employer
46 411
-
52 930
-
social contributions
11 023
-
12 570
-
total
11 023
-
12 570
-
Corporate
8 066
65 500
-
-
surtax
-
-
-
-
income
1 695
13 755
-
-
total
1 695
13 755
-
-
Dividends
6 371
51 745
-
-
withholding
1 785
14 489
-
-
total
1 785
14 489
-
-
Income
65 500
65 500
65 500
65 500
Total tax
29 262
28 244
30 078
27 994
After tax
36 238
37 256
35 422
37 506
Living cost
31 653
31 653
31 653
31 653
Free-cash
4 585
5 603
3 769
5 853

Estimated living cost  is ₽31653 per week

₽23683
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1867
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽529
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5575
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽15727
-₽17443
-₽9658
-₽9250
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
65 500
income
-
-
-
3 309
pensions
-
-
-
18 646
other
-
-
-
2 030
health
-
-
-
567
surtax
-
-
-
-
social contributions
-
-
-
1 867
total
-
-
-
26 419
Employee
63 203
-
49 912
-
social contributions
1 800
-
1 423
-
surtax
-
-
-
-
income
5 515
-
3 361
-
pensions
7 149
-
5 643
-
total
14 464
-
10 427
-
Employer
63 203
-
49 912
-
other
2 181
-
1 722
-
social contributions
190
-
149
-
unemployment
2 560
-
2 022
-
pensions
10 385
-
8 198
-
health
4 424
-
3 493
-
total
19 740
-
15 584
-
Corporate
-
65 500
-
-
surtax
-
-
-
-
income
-
18 340
-
-
total
-
18 340
-
-
Dividends
-
47 160
-
-
surtax
-
-
-
-
social contributions
-
8 112
-
-
withholding
-
6 036
-
-
total
-
14 148
-
-
Income
65 500
65 500
65 500
65 500
Total tax
34 204
32 488
26 011
26 419
After tax
31 296
33 012
39 489
39 081
Living cost
48 739
48 739
48 739
48 739
Free-cash
-17 443
-15 727
-9 250
-9 658

Estimated living cost  is ₽48739 per week

₽32986
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3987
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽668
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11097
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28617
₽25225
₽20501
₽22340
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
65 500
income
-
-
-
257
social contributions
-
-
-
14 408
total
-
-
-
14 665
Employee
32 442
-
56 710
-
income
-
-
352
-
social contributions
2 108
-
3 684
-
total
2 108
-
4 036
-
Employer
32 442
-
56 710
-
social contributions
5 029
-
8 790
-
total
5 029
-
8 790
-
Corporate
28 029
65 500
-
-
income
2 804
6 549
-
-
total
2 804
6 549
-
-
Dividends
25 226
58 951
-
-
total
-
-
-
-
Income
65 500
65 500
65 500
65 500
Total tax
9 941
6 549
12 826
14 665
After tax
55 559
58 951
52 674
50 835
Living cost
30 334
30 334
30 334
30 334
Free-cash
25 225
28 617
22 340
20 501

Estimated living cost  is ₽30334 per week

₽19613
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2286
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽571
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7863
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽154458
-₽154458
-₽6587
-₽154458
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
65 500
municipal
-
-
-
11 016
pensions
-
-
-
875
national
-
-
-
6 406
labour market
-
-
-
5 170
total
-
-
-
23 467
Employee
205 213
205 213
205 213
-
labour market
16 394
16 394
16 394
-
national
25 070
25 070
25 070
-
municipal
43 699
43 699
43 699
-
pensions
292
292
292
-
total
85 455
85 455
85 455
-
Employer
205 213
205 213
205 213
-
labour market
16 417
16 417
16 417
-
municipal
43 769
43 769
43 769
-
pensions
583
583
583
-
national
25 114
25 114
25 114
-
total
85 883
85 883
85 883
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
65 500
65 500
65 500
65 500
Total tax
171 338
171 338
171 338
23 467
After tax
-105 838
-105 838
-105 838
42 033
Living cost
48 620
48 620
48 620
48 620
Free-cash
-154 458
-154 458
-154 458
-6 587

Estimated living cost  is ₽48620 per week

₽33276
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4301
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽748
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10295
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽16439
₽1970
₽23432
₽12241
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
65 500
accident
-
-
-
253
income
-
-
-
13 336
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
20 323
Employee
34 207
-
54 411
-
health
3 917
-
6 230
-
income
4 693
-
8 070
-
pensions
3 852
-
6 126
-
total
12 462
-
20 426
-
Employer
34 207
-
54 411
-
accident
571
-
908
-
unemployment
838
-
1 333
-
pensions
5 562
-
8 847
-
total
6 971
-
11 088
-
Corporate
24 322
65 500
-
-
income

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

21 890
58 950
-
-
total
21 890
58 950
-
-
Dividends
2 432
6 550
-
-
withholding
462
1 244
-
-
total
462
1 244
-
-
Income
65 500
65 500
65 500
65 500
Total tax
41 785
60 194
31 514
20 323
After tax
23 715
5 306
33 986
45 177
Living cost
21 745
21 745
21 745
21 745
Free-cash
1 970
-16 439
12 241
23 432

Estimated living cost  is ₽21745 per week

₽15828
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1240
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.
₽4269
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽6248
₽1652
₽10999
₽1376
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
65 500
municipal
-
-
-
11 683
health
-
-
-
588
national
-
-
-
3 487
total
-
-
-
15 758
Employee
53 092
-
55 102
-
health
396
-
427
-
municipal
8 696
-
9 023
-
pensions
3 583
-
3 719
-
unemployment
797
-
827
-
national
877
-
986
-
total
14 349
-
14 982
-
Employer
53 092
-
55 102
-
accident
54
-
56
-
unemployment
345
-
358
-
pensions
9 211
-
9 560
-
health
408
-
425
-
total
10 018
-
10 399
-
Corporate
2 391
65 500
-
-
income
479
13 100
-
-
total
479
13 100
-
-
Dividends

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

1 434
39 300
-
-
national
-
335
-
-
municipal
259
7 074
-
-
total
259
7 409
-
-
Income
65 500
65 500
65 500
65 500
Total tax
25 105
20 509
25 381
15 758
After tax
40 395
44 991
40 119
49 742
Living cost
38 743
38 743
38 743
38 743
Free-cash
1 652
6 248
1 376
10 999

Estimated living cost  is ₽38743 per week

₽25307
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3727
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽617
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9094
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽19318
₽19291
₽26994
₽22429
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
65 500
income
-
-
-
3 254
health
-
-
-
1 670
social contributions
-
-
-
10 218
total
-
-
-
15 142
Employee
77 596
77 596
77 596
-
social contributions
2 934
6 440
4 935
-
health
601
1 319
1 011
-
income
8 449
7 183
7 727
-
total
11 984
14 942
13 673
-
Employer
77 596
77 596
77 596
-
social contributions
2 934
6 440
4 935
-
health
653
1 436
1 099
-
total
3 587
7 876
6 034
-
Corporate
26 565
-
-
-
income
3 321
-
-
-
total
3 321
-
-
-
Dividends
23 245
-
-
-
withholding
3 953
-
-
-
total
3 953
-
-
-
Income
65 500
65 500
65 500
65 500
Total tax
22 845
22 818
19 707
15 142
After tax
42 655
42 682
45 793
50 358
Living cost
23 364
23 364
23 364
23 364
Free-cash
19 291
19 318
22 429
26 994

Estimated living cost  is ₽23364 per week

₽14002
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2292
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽517
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6553
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38220
₽33083
₽33641
₽24501
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
65 500
income
-
-
-
5 737
pensions
-
-
-
6 419
unemployment
-
-
-
29
health
-
-
-
3 652
total
-
-
-
15 837
Employee

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

23 163
-
59 384
-
health
1 969
-
5 048
-
income
1 584
-
4 608
-
pensions
3 474
-
8 907
-
unemployment
115
-
297
-
total
7 142
-
18 860
-
Employer

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

23 163
-
59 384
-
unemployment
115
-
297
-
pensions
1 273
-
3 267
-
health
996
-
2 553
-
total
2 384
-
6 117
-
Corporate
39 953
65 500
-
-
income
3 596
5 894
-
-
total
3 596
5 894
-
-
Dividends
36 357
59 606
-
-
withholding
3 273
5 364
-
-
total
3 273
5 364
-
-
Income
65 500
65 500
65 500
65 500
Total tax
16 395
11 258
24 977
15 837
After tax
49 105
54 242
40 523
49 663
Living cost
16 022
16 022
16 022
16 022
Free-cash
33 083
38 220
24 501
33 641

Estimated living cost  is ₽16022 per week

₽10222
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1155
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4167
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽16463
₽11169
₽7858
₽8325
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
65 500
accident
-
-
-
590
income
-
-
-
10 242
pensions
-
-
-
18 537
other
-
-
-
65
unemployment
-
-
-
458
total
-
-
-
29 892
Employee
37 313
-
49 663
-
other
36
-
50
-
income
7 194
-
10 440
-
pensions
1 754
-
2 334
-
unemployment
578
-
770
-
total
9 562
-
13 594
-
Employer
37 313
-
49 663
-
accident
739
-
982
-
other
299
-
398
-
unemployment
2 053
-
2 731
-
pensions
8 805
-
11 720
-
total
11 896
-
15 831
-
Corporate
16 291
65 500
-
-
income

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

2 444
9 826
-
-
total
2 444
9 826
-
-
Dividends
13 848
55 674
-
-
withholding
2 679
11 461
-
-
total
2 679
11 461
-
-
Income
65 500
65 500
65 500
65 500
Total tax
26 581
21 287
29 425
29 892
After tax
38 919
44 213
36 075
35 608
Living cost
27 750
27 750
27 750
27 750
Free-cash
11 169
16 463
8 325
7 858

Estimated living cost  is ₽27750 per week

₽18730
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2668
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5866
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38116
₽37662
₽38200
₽38003
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
65 500
income
-
-
-
21 076
pensions
-
-
-
2 010
health
-
-
-
1 458
total
-
-
-
24 544
Employee
4 198
-
63 238
-
health
210
-
503
-
income
812
-
20 970
-
pensions
378
-
905
-
unemployment
42
-
101
-
total
1 442
-
22 479
-
Employer
4 198
-
63 238
-
unemployment
84
-
201
-
pensions
462
-
1 106
-
health
399
-
955
-
total
945
-
2 262
-
Corporate
60 358
65 500
-
-
income
13 279
14 410
-
-
total
13 279
14 410
-
-
Dividends
47 079
51 090
-
-
withholding
9 416
10 218
-
-
total
9 416
10 218
-
-
Income
65 500
65 500
65 500
65 500
Total tax
25 082
24 628
24 741
24 544
After tax
40 418
40 872
40 759
40 956
Living cost
2 756
2 756
2 756
2 756
Free-cash
37 662
38 116
38 003
38 200

Estimated living cost  is ₽2756 per week

₽1638
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.
₽832
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽29871
₽24906
₽14745
₽17564
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
65 500
income
-
-
-
8 543
pensions
-
-
-
17 030
unemployment
-
-
-
983
health
-
-
-
6 746
total
-
-
-
33 302
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.

26 319
-
55 556
-
health
1 355
-
2 861
-
income
3 628
-
9 482
-
pensions
3 685
-
7 778
-
unemployment
197
-
417
-
total
8 865
-
20 538
-
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.

26 319
-
55 556
-
unemployment
197
-
417
-
pensions
3 158
-
6 667
-
health
1 355
-
2 861
-
total
4 710
-
9 945
-
Corporate
34 470
65 500
-
-
income
5 171
9 825
-
-
total
5 171
9 825
-
-
Dividends
29 300
55 675
-
-
withholding
4 395
8 351
-
-
total
4 395
8 351
-
-
Income
65 500
65 500
65 500
65 500
Total tax
23 141
18 176
30 483
33 302
After tax
42 359
47 324
35 017
32 198
Living cost
17 453
17 453
17 453
17 453
Free-cash
24 906
29 871
17 564
14 745

Estimated living cost  is ₽17453 per week

₽11751
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1350
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽505
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3847
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽10051
₽9688
₽10301
₽8217
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
65 500
income
-
-
-
5 232
surtax
-
-
-
-
social contributions

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

-
-
-
22 762
total
-
-
-
27 994
Employee
39 166
-
52 930
-
social contributions
4 309
-
5 822
-
surtax
-
-
-
-
income
7 653
-
11 686
-
total
11 962
-
17 508
-
Employer
39 166
-
52 930
-
social contributions
9 301
-
12 570
-
total
9 301
-
12 570
-
Corporate
17 033
65 500
-
-
surtax
-
-
-
-
income
3 577
13 755
-
-
total
3 577
13 755
-
-
Dividends
13 456
51 745
-
-
withholding
3 767
14 489
-
-
total
3 767
14 489
-
-
Income
65 500
65 500
65 500
65 500
Total tax
28 607
28 244
30 078
27 994
After tax
36 893
37 256
35 422
37 506
Living cost
27 205
27 205
27 205
27 205
Free-cash
9 688
10 051
8 217
10 301

Estimated living cost  is ₽27205 per week

₽19269
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1890
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽483
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5565
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽8748
₽844
₽143
₽610
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
65 500
accident
-
-
-
590
income
-
-
-
10 242
pensions
-
-
-
18 537
other
-
-
-
65
unemployment
-
-
-
458
total
-
-
-
29 892
Employee
48 736
-
49 663
-
other
48
-
50
-
income
10 179
-
10 440
-
pensions
2 290
-
2 334
-
unemployment
755
-
770
-
total
13 272
-
13 594
-
Employer
48 736
-
49 663
-
accident
965
-
982
-
other
391
-
398
-
unemployment
2 681
-
2 731
-
pensions
11 501
-
11 720
-
total
15 538
-
15 831
-
Corporate
1 226
65 500
-
-
income

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

184
9 826
-
-
total
184
9 826
-
-
Dividends
1 042
55 674
-
-
withholding
197
11 461
-
-
total
197
11 461
-
-
Income
65 500
65 500
65 500
65 500
Total tax
29 191
21 287
29 425
29 892
After tax
36 309
44 213
36 075
35 608
Living cost
35 465
35 465
35 465
35 465
Free-cash
844
8 748
610
143

Estimated living cost  is ₽35465 per week

₽25469
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2758
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽500
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6739
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38632
₽32477
₽28887
₽30243
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
65 500
income
-
-
-
9 825
pensions

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

-
-
-
5 220
unemployment
-
-
-
141
health
-
-
-
4 056
total
-
-
-
19 242
Employee
23 001
-
58 580
-
health
1 058
-
1 622
-
accident

We are using the highest rate at 1.1%.

253
-
388
-
income
2 300
-
5 858
-
pensions

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

2 019
-
3 097
-
total
5 630
-
10 965
-
Employer
23 001
-
58 580
-
accident

We are using the highest rate at 1.1%.

253
-
388
-
unemployment
138
-
212
-
pensions

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

2 535
-
3 887
-
health
1 587
-
2 434
-
total
4 513
-
6 921
-
Corporate
37 986
65 500
-
-
income
3 799
6 550
-
-
total
3 799
6 550
-
-
Dividends
34 187
58 950
-
-
withholding
1 710
2 947
-
-
total
1 710
2 947
-
-
Income
65 500
65 500
65 500
65 500
Total tax
15 652
9 497
17 886
19 242
After tax
49 848
56 003
47 614
46 258
Living cost
17 371
17 371
17 371
17 371
Free-cash
32 477
38 632
30 243
28 887

Estimated living cost  is ₽17371 per week

₽11489
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽994
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽414
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4474
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽5066
₽8135
₽7894
₽10562
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
65 500
trade
-
-
-
2 668
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.

-
-
-
8 612
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.

-
-
-
6 894
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.

-
-
-
473
total
-
-
-
18 647
Employee

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

50 210
-
65 500
-
health

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

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

6 894
-
6 894
-
surtax

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

228
-
473
-
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.

4 129
-
8 612
-
total
11 251
-
15 979
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
15 290
65 500
-
-
surtax

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

126
540
-
-
income
2 294
9 826
-
-
trade
2 195
9 399
-
-
chamber of commerce
176
249
-
-
total
4 791
20 014
-
-
Dividends
10 499
45 486
-
-
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.

123
605
-
-
withholding
2 241
10 988
-
-
total
2 364
11 593
-
-
Income
65 500
65 500
65 500
65 500
Total tax
18 406
31 607
15 979
18 647
After tax
47 094
33 893
49 521
46 853
Living cost
38 959
38 959
38 959
38 959
Free-cash
8 135
-5 066
10 562
7 894

Estimated living cost  is ₽38959 per week

₽26875
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4192
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽565
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7327
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽11634
-₽13437
-₽7004
-₽7004
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
65 500
income
-
-
-
9 941
social contributions
-
-
-
5 079
total
-
-
-
15 020
Employee
78 935
-
65 500
-
income
14 895
-
9 941
-
social contributions
6 558
-
5 079
-
total
21 453
-
15 020
-
Employer
78 935
-
65 500
-
total
-
-
-
-
Corporate
-
65 500
-
-
income
-
8 187
-
-
total
-
8 187
-
-
Dividends
-
57 313
-
-
withholding
-
11 463
-
-
total
-
11 463
-
-
Income
65 500
65 500
65 500
65 500
Total tax
21 453
19 650
15 020
15 020
After tax
44 047
45 850
50 480
50 480
Living cost
57 484
57 484
57 484
57 484
Free-cash
-13 437
-11 634
-7 004
-7 004

Estimated living cost  is ₽57484 per week

₽43733
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4684
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽550
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8518
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽614
₽6458
-₽6597
₽10922
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
65 500
income
-
-
-
28 725
health

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

-
-
-
6 741
total
-
-
-
35 466
Employee
46 292
-
60 858
-
income
5 023
-
8 663
-
social contributions
4 638
-
4 642
-
total
9 661
-
13 305
-
Employer
46 292
-
60 858
-
social contributions
4 638
-
4 642
-
total
4 638
-
4 642
-
Corporate
14 570
65 500
-
-
income
5 100
22 924
-
-
total
5 100
22 924
-
-
Dividends
9 470
42 576
-
-
social contributions
3 012
5 331
-
-
total
3 012
5 331
-
-
Income
65 500
65 500
65 500
65 500
Total tax
22 411
28 255
17 947
35 466
After tax
43 089
37 245
47 553
30 034
Living cost
36 631
36 631
36 631
36 631
Free-cash
6 458
614
10 922
-6 597

Estimated living cost  is ₽36631 per week

₽24129
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2888
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽561
Clothing and shoes. We estimate one pair of shoes and 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

Source of data for Sliema model

Close
Edinburgh , United Kingdom
₽11463
₽5750
₽11424
₽4560
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
65 500
income
-
-
-
12 259
pensions
-
-
-
4 204
total
-
-
-
16 463
Employee
51 629
-
58 263
-
health
673
-
810
-
income
9 402
-
10 544
-
pensions
3 941
-
4 737
-
total
14 016
-
16 091
-
Employer
51 629
-
58 263
-
pensions
5 216
-
6 130
-
health
981
-
1 106
-
total
6 197
-
7 236
-
Corporate
7 674
65 500
-
-
income

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

1 458
12 446
-
-
total
1 458
12 446
-
-
Dividends
6 216
53 054
-
-
withholding
466
3 978
-
-
total
466
3 978
-
-
Income
65 500
65 500
65 500
65 500
Total tax
22 137
16 424
23 327
16 463
After tax
43 363
49 076
42 173
49 037
Living cost
37 613
37 613
37 613
37 613
Free-cash
5 750
11 463
4 560
11 424

Estimated living cost  is ₽37613 per week

₽25802
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3459
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽471
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7879
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽18592
₽1641
₽21279
₽10088
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
65 500
accident
-
-
-
253
income
-
-
-
13 336
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
20 323
Employee
37 593
-
54 411
-
health
4 304
-
6 230
-
income
5 157
-
8 070
-
pensions
4 233
-
6 126
-
total
13 694
-
20 426
-
Employer
37 593
-
54 411
-
accident
628
-
908
-
unemployment
921
-
1 333
-
pensions
6 112
-
8 847
-
total
7 661
-
11 088
-
Corporate
20 246
65 500
-
-
income

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

18 221
58 950
-
-
total
18 221
58 950
-
-
Dividends
2 025
6 550
-
-
withholding
385
1 244
-
-
total
385
1 244
-
-
Income
65 500
65 500
65 500
65 500
Total tax
39 961
60 194
31 514
20 323
After tax
25 539
5 306
33 986
45 177
Living cost
23 898
23 898
23 898
23 898
Free-cash
1 641
-18 592
10 088
21 279

Estimated living cost  is ₽23898 per week

₽17539
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1393
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.
₽4485
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽42044
₽37137
₽24755
₽24755
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
65 500
work injury
-
-
-
328
health insurance
-
-
-
4 847
income
-
-
-
9 101
pensions
-
-
-
12 052
unemployment
-
-
-
786
total
-
-
-
27 114
Employee

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

21 810
-
65 500
-
work injury
109
-
328
-
income
2 181
-
9 101
-
pensions
4 013
-
12 052
-
health insurance
1 614
-
4 847
-
unemployment
262
-
786
-
total
8 179
-
27 114
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
43 690
65 500
-
-
income

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

-
-
-
-
total
-
-
-
-
Dividends
43 690
65 500
-
-
withholding
6 553
9 825
-
-
total
6 553
9 825
-
-
Income
65 500
65 500
65 500
65 500
Total tax
14 732
9 825
27 114
27 114
After tax
50 768
55 675
38 386
38 386
Living cost
13 631
13 631
13 631
13 631
Free-cash
37 137
42 044
24 755
24 755

Estimated living cost  is ₽13631 per week

₽8445
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽991
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽425
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3771
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽5701
-₽19535
-₽5015
-₽8649
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
65 500
municipal
-
-
-
439
regional
-
-
-
1 041
national
-
-
-
11 988
social contributions
-
-
-
16 846
total
-
-
-
30 314
Employee
85 034
-
65 500
-
social contributions
28 673
-
22 087
-
regional
1 284
-
897
-
municipal
507
-
391
-
national
14 370
-
10 573
-
total
44 834
-
33 948
-
Employer
85 034
-
65 500
-
total
-
-
-
-
Corporate
-
65 500
-
-
nationa
-
15 720
-
-
municipal
-
3 158
-
-
total
-
18 878
-
-
Dividends
-
46 622
-
-
withholding
-
12 122
-
-
total
-
12 122
-
-
Income
65 500
65 500
65 500
65 500
Total tax
44 834
31 000
33 948
30 314
After tax
20 666
34 500
31 552
35 186
Living cost
40 201
40 201
40 201
40 201
Free-cash
-19 535
-5 701
-8 649
-5 015

Estimated living cost  is ₽40201 per week

₽28238
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2765
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽607
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8589
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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