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
₽ 66000
per

Your estimated
City
free-cash

Dresden , Germany
₽20821
₽4779
₽17358
₽15251
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
66 000
health

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

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

-
-
-
6 467
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.

-
-
-
9 517
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.

-
-
-
523
trade
-
-
-
3 463
total
-
-
-
19 970
Employee

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

36 206
-
66 000
-
surtax

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

56
-
523
-
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.

1 011
-
9 517
-
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.

6 467
-
6 467
-
total
7 534
-
16 507
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
29 794
66 000
-
-
chamber of commerce
187
239
-
-
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.

246
544
-
-
trade
4 692
10 396
-
-
income
4 469
9 900
-
-
total
9 594
21 079
-
-
Dividends
20 200
44 922
-
-
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.

259
598
-
-
withholding
4 690
10 872
-
-
total
4 949
11 470
-
-
Income
66 000
66 000
66 000
66 000
Total tax
22 077
32 549
16 507
19 970
After tax
43 923
33 451
49 493
46 030
Living cost
28 672
28 672
28 672
28 672
Free-cash
15 251
4 779
20 821
17 358

Estimated living cost  is ₽28672 per week

₽18035
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3343
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽535
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6758
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽8532
-₽8744
-₽9050
-₽18422
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
66 000
social contributions
-
-
-
709
pensions
-
-
-
7 920
national
-
-
-
10 024
municipal
-
-
-
6 469
total
-
-
-
25 122
Employee
77 398
-
57 056
-
municipal
9 560
-
6 724
-
national
14 814
-
10 420
-
pensions
3 096
-
2 282
-
total
27 470
-
19 426
-
Employer
77 398
-
57 056
-
pensions
6 192
-
4 565
-
social contributions
832
-
613
-
total
7 024
-
5 178
-
Corporate
-
66 000
-
-
income

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

-
13 200
-
-
total
-
13 200
-
-
Dividends
-
52 800
-
-
withholding
-
11 616
-
-
total
-
11 616
-
-
Income
66 000
66 000
66 000
66 000
Total tax
34 494
24 816
24 604
25 122
After tax
31 506
41 184
41 396
40 878
Living cost
49 928
49 928
49 928
49 928
Free-cash
-18 422
-8 744
-8 532
-9 050

Estimated living cost  is ₽49928 per week

₽33935
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4641
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽747
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10604
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽17833
₽33107
₽33427
₽25341
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
66 000
social contributions

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

-
-
-
2 980
income
-
-
-
-
surtax
-
-
-
-
microenterprise
-
-
-
9 900
total
-
-
-
12 880
Employee
27 660
-
53 187
-
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.

3 043
-
5 851
-
income
4 924
-
9 810
-
total
7 967
-
15 661
-
Employer
27 660
-
53 187
-
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.

6 663
-
12 813
-
total
6 663
-
12 813
-
Corporate
31 677
66 000
-
-
income

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

6 336
13 200
-
-
total
6 336
13 200
-
-
Dividends

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

25 341
52 800
-
-
total
-
-
-
-
Income
66 000
66 000
66 000
66 000
Total tax
20 966
13 200
28 474
12 880
After tax
45 034
52 800
37 526
53 120
Living cost
19 693
19 693
19 693
19 693
Free-cash
25 341
33 107
17 833
33 427

Estimated living cost  is ₽19693 per week

₽12564
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1875
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽447
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4807
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽27999
-₽22687
-₽2032
-₽27999
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
66 000
health
-
-
-
9 708
income
-
-
-
7 578
pensions
-
-
-
11 091
total
-
-
-
28 377
Employee
80 836
80 836
80 836
-
income

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

13 232
13 232
13 232
-
pensions
14 550
11 091
14 550
-
health
12 407
10 554
12 407
-
total
40 189
34 877
40 189
-
Employer
80 836
80 836
80 836
-
unemployment
2 910
2 910
2 910
-
health
5 619
5 619
5 619
-
pensions
5 626
5 626
5 626
-
total
14 155
14 155
14 155
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
66 000
66 000
66 000
66 000
Total tax
54 344
49 032
54 344
28 377
After tax
11 656
16 968
11 656
37 623
Living cost
39 655
39 655
39 655
39 655
Free-cash
-27 999
-22 687
-27 999
-2 032

Estimated living cost  is ₽39655 per week

₽28102
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3575
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽631
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7347
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽4193
-₽3401
-₽6537
-₽7849
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
66 000
other
-
-
-
7 669
health
-
-
-
4 118
accident
-
-
-
132
pensions
-
-
-
7 135
national
-
-
-
-
unemployment
-
-
-
66
municipal
-
-
-
13 980
total
-
-
-
33 100
Employee
56 194
-
50 221
-
municipal
16 757
-
14 976
-
national
-
-
-
-
total
16 757
-
14 976
-
Employer
56 194
-
50 221
-
other
6 530
-
5 836
-
unemployment
1 483
-
1 326
-
health
3 456
-
3 089
-
accident
112
-
100
-
pensions
6 074
-
5 429
-
total
17 655
-
15 780
-
Corporate
-
66 000
-
-
income
-
14 520
-
-
total
-
14 520
-
-
Dividends
-
51 480
-
-
withholding
-
15 444
-
-
total
-
15 444
-
-
Income
66 000
66 000
66 000
66 000
Total tax
34 412
29 964
30 756
33 100
After tax
31 588
36 036
35 244
32 900
Living cost
39 437
39 437
39 437
39 437
Free-cash
-7 849
-3 401
-4 193
-6 537

Estimated living cost  is ₽39437 per week

₽26137
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3870
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽599
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8831
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽12306
-₽4073
₽8688
₽9228
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
66 000
health

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

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

-
-
-
6 467
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.

-
-
-
9 517
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.

-
-
-
523
trade
-
-
-
3 618
total
-
-
-
20 125
Employee

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

48 004
-
66 000
-
surtax

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

226
-
523
-
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.

4 124
-
9 517
-
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.

6 467
-
6 467
-
total
10 817
-
16 507
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
17 996
66 000
-
-
chamber of commerce
169
237
-
-
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.

149
544
-
-
trade
2 960
10 857
-
-
income
2 700
9 900
-
-
total
5 978
21 538
-
-
Dividends
12 018
44 462
-
-
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.

146
591
-
-
withholding
2 644
10 757
-
-
total
2 790
11 348
-
-
Income
66 000
66 000
66 000
66 000
Total tax
19 585
32 886
16 507
20 125
After tax
46 415
33 114
49 493
45 875
Living cost
37 187
37 187
37 187
37 187
Free-cash
9 228
-4 073
12 306
8 688

Estimated living cost  is ₽37187 per week

₽24871
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3921
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.
₽7839
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽16102
₽13892
₽19333
₽13846
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
66 000
social contributions
-
-
-
10 297
health
-
-
-
1 683
income
-
-
-
3 984
total
-
-
-
15 964
Employee
72 789
72 789
72 789
-
social contributions
3 537
6 041
4 972
-
income
7 644
6 738
7 124
-
health
724
1 238
1 019
-
total
11 905
14 017
13 115
-
Employer
72 789
72 789
72 789
-
health
789
1 347
1 108
-
social contributions
3 537
6 041
4 972
-
total
4 326
7 388
6 080
-
Corporate
19 067
-
-
-
income
2 384
-
-
-
total
2 384
-
-
-
Dividends
16 683
-
-
-
withholding
2 836
-
-
-
total
2 836
-
-
-
Income
66 000
66 000
66 000
66 000
Total tax
21 451
21 405
19 195
15 964
After tax
44 549
44 595
46 805
50 036
Living cost
30 703
30 703
30 703
30 703
Free-cash
13 846
13 892
16 102
19 333

Estimated living cost  is ₽30703 per week

₽20989
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2398
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽516
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6801
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽20896
₽19925
₽28356
₽20287
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
66 000
health
-
-
-
4 620
income
-
-
-
8 069
pensions
-
-
-
6 600
unemployment
-
-
-
990
total
-
-
-
20 279
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.

25 067
9 976
55 230
-
income
3 064
1 220
6 752
-
pensions
2 507
998
5 523
-
health
1 755
698
3 866
-
unemployment
376
150
828
-
total
7 702
3 066
16 969
-
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.

25 067
9 976
55 230
-
pensions
4 888
1 945
10 770
-
total
4 888
1 945
10 770
-
Corporate
36 045
54 078
-
-
income
3 244
4 867
-
-
total
3 244
4 867
-
-
Dividends
32 801
49 211
-
-
social contributions
6 282
9 482
-
-
withholding
6 232
9 350
-
-
total
12 514
18 832
-
-
Income
66 000
66 000
66 000
66 000
Total tax
28 348
28 710
27 739
20 279
After tax
37 652
37 290
38 261
45 721
Living cost
17 365
17 365
17 365
17 365
Free-cash
20 287
19 925
20 896
28 356

Estimated living cost  is ₽17365 per week

₽11850
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1421
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽347
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3747
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽15179
₽29936
₽12629
₽24056
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
66 000
health
-
-
-
8 579
income
-
-
-
8 727
pensions
-
-
-
13 201
total
-
-
-
30 507
Employee
26 854
-
49 326
-
income
3 023
-
9 510
-
pensions
537
-
986
-
unemployment
429
-
789
-
total
3 989
-
11 285
-
Employer
26 854
-
49 326
-
unemployment
216
-
395
-
health
3 490
-
6 413
-
pensions
5 371
-
9 864
-
total
9 077
-
16 672
-
Corporate
30 069
66 000
-
-
income
6 014
13 200
-
-
total
6 014
13 200
-
-
Dividends
24 055
52 800
-
-
total
-
-
-
-
Income
66 000
66 000
66 000
66 000
Total tax
19 080
13 200
27 957
30 507
After tax
46 920
52 800
38 043
35 493
Living cost
22 864
22 864
22 864
22 864
Free-cash
24 056
29 936
15 179
12 629

Estimated living cost  is ₽22864 per week

₽15682
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1362
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽460
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5360
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽12942
-₽15654
₽24484
₽2127
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
66 000
other
-
-
-
354
health
-
-
-
2 082
accident
-
-
-
241
income
-
-
-
13 866
pensions
-
-
-
3 972
total
-
-
-
20 515
Employee
33 035
-
54 826
-
income
4 532
-
8 433
-
pensions
3 720
-
6 173
-
health
3 782
-
6 277
-
total
12 034
-
20 883
-
Employer
33 035
-
54 826
-
unemployment
809
-
1 343
-
accident
551
-
916
-
pensions
5 372
-
8 915
-
total
6 732
-
11 174
-
Corporate
26 233
66 000
-
-
income

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

23 609
59 400
-
-
total
23 609
59 400
-
-
Dividends
2 623
6 600
-
-
withholding
498
1 254
-
-
total
498
1 254
-
-
Income
66 000
66 000
66 000
66 000
Total tax
42 873
60 654
32 057
20 515
After tax
23 127
5 346
33 943
45 485
Living cost
21 000
21 000
21 000
21 000
Free-cash
2 127
-15 654
12 942
24 484

Estimated living cost  is ₽21000 per week

₽15392
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1164
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽438
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4008
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽45042
₽54942
₽57582
₽53488
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
66 000
microenterprise

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

-
-
-
660
total
-
-
-
660
Employee
9 698
-
66 000
-
income
1 939
-
13 200
-
total
1 939
-
13 200
-
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%.

56 302
66 000
-
-
total
-
-
-
-
Dividends
56 302
66 000
-
-
withholding
2 815
3 300
-
-
total
2 815
3 300
-
-
Income
66 000
66 000
66 000
66 000
Total tax
4 754
3 300
13 200
660
After tax
61 246
62 700
52 800
65 340
Living cost
7 758
7 758
7 758
7 758
Free-cash
53 488
54 942
45 042
57 582

Estimated living cost  is ₽7758 per week

₽4808
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽645
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽213
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2092
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽13467
₽23266
₽10515
₽16876
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
66 000
other
-
-
-
3 135
health
-
-
-
2 905
income
-
-
-
8 384
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.

-
-
-
15 838
total
-
-
-
30 262
Employee
34 370
-
52 716
-
income
5 917
-
9 075
-
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.

2 405
-
3 690
-
health
481
-
738
-
unemployment
343
-
526
-
total
9 146
-
14 029
-
Employer
34 370
-
52 716
-
other
1 719
-
2 635
-
unemployment
343
-
526
-
health
481
-
738
-
accident
275
-
422
-
pensions

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

5 844
-
8 960
-
total
8 662
-
13 281
-
Corporate
22 968
66 000
-
-
income
4 823
13 861
-
-
total
4 823
13 861
-
-
Dividends
18 145
52 139
-
-
withholding
1 270
3 650
-
-
total
1 270
3 650
-
-
Income
66 000
66 000
66 000
66 000
Total tax
23 901
17 511
27 310
30 262
After tax
42 099
48 489
38 690
35 738
Living cost
25 223
25 223
25 223
25 223
Free-cash
16 876
23 266
13 467
10 515

Estimated living cost  is ₽25223 per week

₽17822
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1703
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽406
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5292
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽20795
-₽13589
-₽13733
-₽35418
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
66 000
income
-
-
-
12 327
pensions
-
-
-
4 366
total
-
-
-
16 693
Employee
89 192
-
58 581
-
income
16 078
-
10 562
-
health
1 470
-
843
-
pensions
8 605
-
4 930
-
total
26 153
-
16 335
-
Employer
89 192
-
58 581
-
health
1 694
-
1 113
-
pensions
10 531
-
6 307
-
total
12 225
-
7 420
-
Corporate
-
66 000
-
-
income

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

-
12 540
-
-
total
-
12 540
-
-
Dividends
-
53 460
-
-
withholding
-
4 009
-
-
total
-
4 009
-
-
Income
66 000
66 000
66 000
66 000
Total tax
38 378
16 549
23 755
16 693
After tax
27 622
49 451
42 245
49 307
Living cost
63 040
63 040
63 040
63 040
Free-cash
-35 418
-13 589
-20 795
-13 733

Estimated living cost  is ₽63040 per week

₽47237
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7407
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.
₽7884
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽36681
₽44191
₽35155
₽39855
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
66 000
health
-
-
-
3 750
income
-
-
-
9 900
pensions

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

-
-
-
4 826
unemployment
-
-
-
130
total
-
-
-
18 606
Employee
16 206
-
59 603
-
income
1 620
-
5 960
-
accident

We are using the highest rate at 1.1%.

178
-
359
-
pensions

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

1 423
-
2 863
-
health
745
-
1 500
-
total
3 966
-
10 682
-
Employer
16 206
-
59 603
-
unemployment
97
-
196
-
health
1 119
-
2 250
-
accident

We are using the highest rate at 1.1%.

178
-
359
-
pensions

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

1 786
-
3 593
-
total
3 180
-
6 398
-
Corporate
46 614
66 000
-
-
income
4 662
6 600
-
-
total
4 662
6 600
-
-
Dividends
41 953
59 400
-
-
withholding
2 098
2 970
-
-
total
2 098
2 970
-
-
Income
66 000
66 000
66 000
66 000
Total tax
13 906
9 570
17 080
18 606
After tax
52 094
56 430
48 920
47 394
Living cost
12 239
12 239
12 239
12 239
Free-cash
39 855
44 191
36 681
35 155

Estimated living cost  is ₽12239 per week

₽7145
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽874
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽324
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3895
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽40835
-₽35523
-₽14868
-₽37130
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
66 000
health
-
-
-
9 708
income
-
-
-
7 578
pensions
-
-
-
11 091
total
-
-
-
28 377
Employee
87 762
80 836
80 836
-
income

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

13 232
13 232
13 232
-
pensions
11 091
11 091
14 550
-
health
10 949
10 554
12 407
-
total
35 272
34 877
40 189
-
Employer
87 762
80 836
80 836
-
unemployment
3 160
2 910
2 910
-
health
6 099
5 619
5 619
-
pensions
6 108
5 626
5 626
-
total
15 367
14 155
14 155
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
66 000
66 000
66 000
66 000
Total tax
50 639
49 032
54 344
28 377
After tax
15 361
16 968
11 656
37 623
Living cost
52 491
52 491
52 491
52 491
Free-cash
-37 130
-35 523
-40 835
-14 868

Estimated living cost  is ₽52491 per week

₽38720
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4688
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽602
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8481
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽10089
₽22036
₽8740
₽13686
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
66 000
social contributions
-
-
-
19 272
health
-
-
-
8 910
income
-
-
-
5 673
solidarity contribution
-
-
-
-
total
-
-
-
33 855
Employee
34 419
-
49 254
-
social contributions
2 237
-
3 201
-
solidarity contribution
-
-
-
-
income
4 130
-
5 910
-
health
4 647
-
6 649
-
total
11 014
-
15 760
-
Employer
34 419
-
49 254
-
health
3 098
-
4 433
-
social contributions
8 605
-
12 313
-
total
11 703
-
16 746
-
Corporate
19 878
66 000
-
-
income
3 777
12 540
-
-
total
3 777
12 540
-
-
Dividends
16 101
53 460
-
-
withholding
2 415
8 019
-
-
total
2 415
8 019
-
-
Income
66 000
66 000
66 000
66 000
Total tax
28 909
20 559
32 506
33 855
After tax
37 091
45 441
33 494
32 145
Living cost
23 405
23 405
23 405
23 405
Free-cash
13 686
22 036
10 089
8 740

Estimated living cost  is ₽23405 per week

₽16257
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1665
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽460
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5022
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽7878
-₽4729
-₽4151
-₽18127
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
66 000
social contributions
-
-
-
16 976
national
-
-
-
12 160
regional
-
-
-
680
municipal
-
-
-
392
total
-
-
-
30 208
Employee
84 128
-
66 000
-
social contributions
28 368
-
22 255
-
municipal
445
-
350
-
national
14 577
-
10 733
-
regional
794
-
597
-
total
44 184
-
33 935
-
Employer
84 128
-
66 000
-
total
-
-
-
-
Corporate
-
66 000
-
-
nationa
-
15 840
-
-
municipal
-
2 574
-
-
total
-
18 414
-
-
Dividends
-
47 586
-
-
withholding
-
12 372
-
-
total
-
12 372
-
-
Income
66 000
66 000
66 000
66 000
Total tax
44 184
30 786
33 935
30 208
After tax
21 816
35 214
32 065
35 792
Living cost
39 943
39 943
39 943
39 943
Free-cash
-18 127
-4 729
-7 878
-4 151

Estimated living cost  is ₽39943 per week

₽27844
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2619
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽613
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8867
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽13990
₽20625
₽15437
₽17680
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
66 000
other
-
-
-
-
health
-
-
-
4 687
income
-
-
-
10 658
pensions
-
-
-
13 200
surtax
-
-
-
914
unemployment
-
-
-
216
total
-
-
-
29 675
Employee
31 304
-
54 523
-
surtax
102
-
805
-
income
5 247
-
10 020
-
other
-
-
-
-
pensions
2 087
-
3 636
-
health
799
-
1 390
-
unemployment
2 179
-
3 794
-
total
10 414
-
19 645
-
Employer
31 304
-
54 523
-
other
-
-
-
-
unemployment
992
-
1 728
-
health
1 425
-
2 481
-
pensions
4 173
-
7 268
-
total
6 590
-
11 477
-
Corporate
28 107
66 000
-
-
income
7 308
17 161
-
-
total
7 308
17 161
-
-
Dividends
20 800
48 839
-
-
withholding
3 120
7 326
-
-
total
3 120
7 326
-
-
Income
66 000
66 000
66 000
66 000
Total tax
27 432
24 487
31 122
29 675
After tax
38 568
41 513
34 878
36 325
Living cost
20 888
20 888
20 888
20 888
Free-cash
17 680
20 625
13 990
15 437

Estimated living cost  is ₽20888 per week

₽12772
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1927
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.
₽5707
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽822
₽6384
₽6240
-₽1381
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
66 000
income
-
-
-
12 327
pensions
-
-
-
4 366
total
-
-
-
16 693
Employee
59 774
-
58 581
-
income
10 766
-
10 562
-
health
868
-
843
-
pensions
5 073
-
4 930
-
total
16 707
-
16 335
-
Employer
59 774
-
58 581
-
health
1 136
-
1 113
-
pensions
6 471
-
6 307
-
total
7 607
-
7 420
-
Corporate
-
66 000
-
-
income

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

-
12 540
-
-
total
-
12 540
-
-
Dividends
-
53 460
-
-
withholding
-
4 009
-
-
total
-
4 009
-
-
Income
66 000
66 000
66 000
66 000
Total tax
24 314
16 549
23 755
16 693
After tax
41 686
49 451
42 245
49 307
Living cost
43 067
43 067
43 067
43 067
Free-cash
-1 381
6 384
-822
6 240

Estimated living cost  is ₽43067 per week

₽32266
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3228
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽450
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7122
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽24050
-₽46274
-₽20671
-₽31994
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
66 000
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.

-
-
-
1 320
health
-
-
-
249
pensions
-
-
-
6 074
city
-
-
-
695
national
-
-
-
230
regional
-
-
-
1 649
total
-
-
-
10 217
Employee
89 471
-
59 072
-
national
423
-
190
-
city
960
-
634
-
pensions
7 517
-
4 962
-
health
202
-
134
-
regional
2 930
-
1 398
-
unemployment
-
-
-
-
total
12 032
-
7 318
-
Employer
89 471
-
59 072
-
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.

1 789
-
1 182
-
unemployment
-
-
-
-
health
202
-
134
-
pensions
7 517
-
4 962
-
total
9 508
-
6 278
-
Corporate
-
66 000
-
-
regional
-
13 959
-
-
national
-
5 610
-
-
total
-
19 569
-
-
Dividends
-
46 430
-
-
withholding
-
16 251
-
-
total
-
16 251
-
-
Income
66 000
66 000
66 000
66 000
Total tax
21 540
35 820
13 596
10 217
After tax
44 460
30 180
52 404
55 783
Living cost
76 454
76 454
76 454
76 454
Free-cash
-31 994
-46 274
-24 050
-20 671

Estimated living cost  is ₽76454 per week

₽49717
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6861
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽939
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18937
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽6129
-₽10590
₽2358
₽4759
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
66 000
health

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

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

-
-
-
6 467
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.

-
-
-
9 517
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.

-
-
-
523
trade
-
-
-
3 771
total
-
-
-
20 278
Employee

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

56 889
-
66 000
-
surtax

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

368
-
523
-
income

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

6 690
-
9 517
-
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.

6 467
-
6 467
-
total
13 525
-
16 507
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
9 111
66 000
-
-
chamber of commerce
156
237
-
-
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.

75
544
-
-
trade
1 563
11 319
-
-
income
1 367
9 900
-
-
total
3 161
22 000
-
-
Dividends
5 949
44 000
-
-
surtax

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

63
586
-
-
withholding
1 128
10 640
-
-
total
1 191
11 226
-
-
Income
66 000
66 000
66 000
66 000
Total tax
17 877
33 226
16 507
20 278
After tax
48 123
32 774
49 493
45 722
Living cost
43 364
43 364
43 364
43 364
Free-cash
4 759
-10 590
6 129
2 358

Estimated living cost  is ₽43364 per week

₽31672
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3469
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽564
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7661
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽7212
₽880
₽6903
₽6468
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
66 000
other
-
-
-
2 046
social contributions
-
-
-
1 879
health
-
-
-
571
income
-
-
-
3 535
pensions
-
-
-
18 680
surtax
-
-
-
-
total
-
-
-
26 711
Employee
40 513
-
50 293
-
surtax
-
-
-
-
social contributions
1 155
-
1 433
-
income
2 391
-
3 573
-
pensions
4 581
-
5 689
-
total
8 127
-
10 695
-
Employer
40 513
-
50 293
-
other
1 398
-
1 735
-
unemployment
1 640
-
2 037
-
health
2 836
-
3 521
-
pensions
6 656
-
8 263
-
social contributions
122
-
151
-
total
12 652
-
15 707
-
Corporate
12 835
66 000
-
-
surtax
-
-
-
-
income
3 595
18 479
-
-
total
3 595
18 479
-
-
Dividends
9 241
47 521
-
-
social contributions
1 590
8 173
-
-
surtax
-
-
-
-
withholding
1 182
6 082
-
-
total
2 772
14 255
-
-
Income
66 000
66 000
66 000
66 000
Total tax
27 146
32 734
26 402
26 711
After tax
38 854
33 266
39 598
39 289
Living cost
32 386
32 386
32 386
32 386
Free-cash
6 468
880
7 212
6 903

Estimated living cost  is ₽32386 per week

₽20421
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2633
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.
₽8782
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽10420
₽4088
₽10111
₽9348
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
66 000
other
-
-
-
2 046
social contributions
-
-
-
1 879
health
-
-
-
571
income
-
-
-
3 535
pensions
-
-
-
18 680
surtax
-
-
-
-
total
-
-
-
26 711
Employee
36 164
-
50 293
-
surtax
-
-
-
-
social contributions
1 031
-
1 433
-
income
1 865
-
3 573
-
pensions
4 090
-
5 689
-
total
6 986
-
10 695
-
Employer
36 164
-
50 293
-
other
1 248
-
1 735
-
unemployment
1 464
-
2 037
-
health
2 531
-
3 521
-
pensions
5 942
-
8 263
-
social contributions
108
-
151
-
total
11 293
-
15 707
-
Corporate
18 543
66 000
-
-
surtax
-
-
-
-
income
5 191
18 479
-
-
total
5 191
18 479
-
-
Dividends
13 351
47 521
-
-
social contributions
2 296
8 173
-
-
surtax
-
-
-
-
withholding
1 708
6 082
-
-
total
4 004
14 255
-
-
Income
66 000
66 000
66 000
66 000
Total tax
27 474
32 734
26 402
26 711
After tax
38 526
33 266
39 598
39 289
Living cost
29 178
29 178
29 178
29 178
Free-cash
9 348
4 088
10 420
10 111

Estimated living cost  is ₽29178 per week

₽16922
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2964
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽553
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8739
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽19061
₽20193
₽22312
₽20684
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
66 000
social contributions
-
-
-
9 108
health
-
-
-
4 608
income
-
-
-
9 900
total
-
-
-
23 616
Employee
32 095
-
66 000
-
social contributions
4 430
-
9 108
-
income
5 353
-
13 151
-
health
2 240
-
4 608
-
total
12 023
-
26 867
-
Employer
32 095
-
66 000
-
total
-
-
-
-
Corporate
33 905
66 000
-
-
income

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

1 696
3 300
-
-
total
1 696
3 300
-
-
Dividends
32 209
62 700
-
-
social contributions
4 444
8 653
-
-
withholding
4 832
9 406
-
-
health
2 249
4 376
-
-
total
11 525
22 435
-
-
Income
66 000
66 000
66 000
66 000
Total tax
25 244
25 735
26 867
23 616
After tax
40 756
40 265
39 133
42 384
Living cost
20 072
20 072
20 072
20 072
Free-cash
20 684
20 193
19 061
22 312

Estimated living cost  is ₽20072 per week

₽13433
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1238
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽462
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4938
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Vilnius model

Close
Vienna , Austria
-₽9853
₽4124
₽2275
₽2662
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
66 000
health
-
-
-
5 050
income
-
-
-
6 853
chamber of commerce
-
-
-
264
pensions
-
-
-
12 210
surtax
-
-
-
187
unemployment
-
-
-
5 806
total
-
-
-
30 370
Employee
47 307
37 724
51 101
-
income
5 385
2 783
6 474
-
other
472
377
510
-
pensions
4 845
3 862
5 233
-
health
1 830
1 460
1 978
-
unemployment
1 419
1 132
1 532
-
total
13 951
9 614
15 727
-
Employer
47 307
37 724
51 101
-
other
2 247
1 791
2 427
-
unemployment
1 419
1 132
1 532
-
health
1 787
1 426
1 931
-
surtax
187
187
187
-
accident
614
490
665
-
pensions
5 937
4 735
6 413
-
payroll
1 419
1 132
1 532
-
chamber of commerce
189
151
205
-
total
13 799
11 044
14 892
-
Corporate
4 893
17 232
47 515
-
income

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

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

1 223
4 308
11 879
-
total
1 223
4 308
11 879
-
Dividends
3 670
12 925
-
-
withholding
1 010
3 555
-
-
total
1 010
3 555
-
-
Income
66 000
66 000
66 000
66 000
Total tax
29 983
28 521
42 498
30 370
After tax
36 017
37 479
23 502
35 630
Living cost
33 355
33 355
33 355
33 355
Free-cash
2 662
4 124
-9 853
2 275

Estimated living cost  is ₽33355 per week

₽22246
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2845
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽548
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7715
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽7063
₽2606
-₽788
-₽21421
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
66 000
social contributions
-
-
-
8 748
communal

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

-
-
-
3 435
national
-
-
-
20 091
total
-
-
-
32 274
Employee

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

67 711
-
51 117
-
national
20 817
-
14 325
-
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.

5 078
-
3 833
-
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.

3 181
-
2 402
-
communal

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

3 532
-
2 666
-
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.

589
-
445
-
total
33 197
-
23 671
-
Employer

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

67 711
-
51 117
-
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.

988
-
745
-
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.

4 164
-
3 144
-
surtax
7 678
-
5 795
-
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.

880
-
665
-
pensions

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

6 000
-
4 529
-
total
19 710
-
14 878
-
Corporate
-
66 000
-
-
surtax
-
264
-
-
income
-
13 200
-
-
total
-
13 464
-
-
Dividends
-
52 536
-
-
withholding

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

-
15 416
-
-
total
-
15 416
-
-
Income
66 000
66 000
66 000
66 000
Total tax
52 907
28 880
38 549
32 274
After tax
13 093
37 120
27 451
33 726
Living cost
34 514
34 514
34 514
34 514
Free-cash
-21 421
2 606
-7 063
-788

Estimated living cost  is ₽34514 per week

₽22232
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3018
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽541
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8725
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Brussels model

Close
Barcelona , Spain
₽1916
₽10349
₽1449
₽2660
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
66 000
other
-
-
-
66
accident
-
-
-
595
income
-
-
-
10 563
pensions
-
-
-
18 679
unemployment
-
-
-
462
total
-
-
-
30 365
Employee
47 120
-
50 045
-
income
9 942
-
10 765
-
other
47
-
50
-
pensions
2 215
-
2 351
-
unemployment
731
-
776
-
total
12 935
-
13 942
-
Employer
47 120
-
50 045
-
other
375
-
401
-
unemployment
2 592
-
2 752
-
accident
932
-
992
-
pensions
11 119
-
11 811
-
total
15 018
-
15 956
-
Corporate
3 861
66 000
-
-
income

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

578
9 900
-
-
total
578
9 900
-
-
Dividends
3 283
56 100
-
-
withholding
623
11 565
-
-
total
623
11 565
-
-
Income
66 000
66 000
66 000
66 000
Total tax
29 154
21 465
29 898
30 365
After tax
36 846
44 535
36 102
35 635
Living cost
34 186
34 186
34 186
34 186
Free-cash
2 660
10 349
1 916
1 449

Estimated living cost  is ₽34186 per week

₽25174
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2425
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.
₽6093
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Barcelona model

Close
Luxembourg , Luxembourg
-₽7626
-₽10356
-₽8871
-₽14249
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
66 000
health
-
-
-
4 949
accident
-
-
-
595
income
-
-
-
3 832
pensions
-
-
-
10 561
communal
-
-
-
-
surtax
-
-
-
3 492
total
-
-
-
23 429
Employee
71 685
-
58 955
-
surtax
4 394
-
3 612
-
income
6 924
-
4 187
-
pensions
5 734
-
4 717
-
health
3 190
-
2 623
-
total
20 242
-
15 139
-
Employer
71 685
-
58 955
-
health
2 186
-
1 798
-
accident
645
-
530
-
pensions
5 734
-
4 717
-
total
8 565
-
7 045
-
Corporate
-
66 000
-
-
surtax
-
693
-
-
income
-
9 900
-
-
communal
-
4 455
-
-
total
-
15 048
-
-
Dividends
-
50 952
-
-
income
-
2 222
-
-
withholding
-
7 644
-
-
total
-
9 866
-
-
Income
66 000
66 000
66 000
66 000
Total tax
28 807
24 914
22 184
23 429
After tax
37 193
41 086
43 816
42 571
Living cost
51 442
51 442
51 442
51 442
Free-cash
-14 249
-10 356
-7 626
-8 871

Estimated living cost  is ₽51442 per week

₽38589
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3117
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽544
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9190
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽13616
₽20251
₽15063
₽17241
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
66 000
other
-
-
-
-
health
-
-
-
4 687
income
-
-
-
10 658
pensions
-
-
-
13 200
surtax
-
-
-
914
unemployment
-
-
-
216
total
-
-
-
29 675
Employee
31 878
-
54 523
-
surtax
113
-
805
-
income
5 344
-
10 020
-
other
-
-
-
-
pensions
2 127
-
3 636
-
health
814
-
1 390
-
unemployment
2 219
-
3 794
-
total
10 617
-
19 645
-
Employer
31 878
-
54 523
-
other
-
-
-
-
unemployment
1 011
-
1 728
-
health
1 450
-
2 481
-
pensions
4 250
-
7 268
-
total
6 711
-
11 477
-
Corporate
27 411
66 000
-
-
income
7 126
17 161
-
-
total
7 126
17 161
-
-
Dividends
20 284
48 839
-
-
withholding
3 043
7 326
-
-
total
3 043
7 326
-
-
Income
66 000
66 000
66 000
66 000
Total tax
27 497
24 487
31 122
29 675
After tax
38 503
41 513
34 878
36 325
Living cost
21 262
21 262
21 262
21 262
Free-cash
17 241
20 251
13 616
15 063

Estimated living cost  is ₽21262 per week

₽12837
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1848
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽494
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽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 Athens model

Close
Naples , Italy
₽6275
₽9193
₽9977
₽7091
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
66 000
social contributions
-
-
-
16 976
national
-
-
-
12 160
regional
-
-
-
996
municipal
-
-
-
392
total
-
-
-
30 524
Employee
52 509
-
66 000
-
social contributions
17 707
-
22 255
-
municipal
278
-
350
-
national
8 319
-
10 733
-
regional
707
-
888
-
total
27 011
-
34 226
-
Employer
52 509
-
66 000
-
total
-
-
-
-
Corporate
13 491
66 000
-
-
nationa
3 237
15 840
-
-
municipal
670
3 280
-
-
total
3 907
19 120
-
-
Dividends
9 583
46 880
-
-
withholding
2 492
12 188
-
-
total
2 492
12 188
-
-
Income
66 000
66 000
66 000
66 000
Total tax
33 410
31 308
34 226
30 524
After tax
32 590
34 692
31 774
35 476
Living cost
25 499
25 499
25 499
25 499
Free-cash
7 091
9 193
6 275
9 977

Estimated living cost  is ₽25499 per week

₽15858
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2583
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽437
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6621
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽4653
₽16600
₽3304
₽6310
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
66 000
social contributions
-
-
-
19 272
health
-
-
-
8 910
income
-
-
-
5 673
solidarity contribution
-
-
-
-
total
-
-
-
33 855
Employee
42 413
-
49 254
-
social contributions
2 757
-
3 201
-
solidarity contribution
-
-
-
-
income
5 090
-
5 910
-
health
5 726
-
6 649
-
total
13 573
-
15 760
-
Employer
42 413
-
49 254
-
health
3 817
-
4 433
-
social contributions
10 603
-
12 313
-
total
14 420
-
16 746
-
Corporate
9 166
66 000
-
-
income
1 742
12 540
-
-
total
1 742
12 540
-
-
Dividends
7 424
53 460
-
-
withholding
1 114
8 019
-
-
total
1 114
8 019
-
-
Income
66 000
66 000
66 000
66 000
Total tax
30 849
20 559
32 506
33 855
After tax
35 151
45 441
33 494
32 145
Living cost
28 841
28 841
28 841
28 841
Free-cash
6 310
16 600
4 653
3 304

Estimated living cost  is ₽28841 per week

₽21448
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1598
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽499
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5296
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽6658
₽7382
₽5617
₽6913
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
66 000
health
-
-
-
5 050
income
-
-
-
6 853
chamber of commerce
-
-
-
264
pensions
-
-
-
12 210
surtax
-
-
-
-
unemployment
-
-
-
5 806
total
-
-
-
30 183
Employee
41 379
37 724
51 248
-
income
3 686
2 783
6 515
-
other
413
377
512
-
pensions
4 238
3 862
5 247
-
health
1 601
1 460
1 983
-
unemployment
1 241
1 132
1 538
-
total
11 179
9 614
15 795
-
Employer
41 379
37 724
51 248
-
other
1 965
1 791
2 434
-
unemployment
1 241
1 132
1 538
-
health
1 565
1 426
1 936
-
surtax
-
-
-
-
accident
537
490
666
-
pensions
5 193
4 735
6 431
-
payroll
1 241
1 132
1 538
-
chamber of commerce
165
151
205
-
total
11 907
10 857
14 748
-
Corporate
12 713
17 419
47 659
-
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.

3 178
4 354
11 915
-
total
3 178
4 354
11 915
-
Dividends
9 535
13 065
-
-
withholding
2 623
3 593
-
-
total
2 623
3 593
-
-
Income
66 000
66 000
66 000
66 000
Total tax
28 887
28 418
42 458
30 183
After tax
37 113
37 582
23 542
35 817
Living cost
30 200
30 200
30 200
30 200
Free-cash
6 913
7 382
-6 658
5 617

Estimated living cost  is ₽30200 per week

₽18116
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3084
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽539
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8461
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽40710
₽50610
₽53250
₽48343
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
66 000
microenterprise

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

-
-
-
660
total
-
-
-
660
Employee
15 113
-
66 000
-
income
3 023
-
13 200
-
total
3 023
-
13 200
-
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%.

50 887
66 000
-
-
total
-
-
-
-
Dividends
50 887
66 000
-
-
withholding
2 544
3 300
-
-
total
2 544
3 300
-
-
Income
66 000
66 000
66 000
66 000
Total tax
5 567
3 300
13 200
660
After tax
60 433
62 700
52 800
65 340
Living cost
12 090
12 090
12 090
12 090
Free-cash
48 343
50 610
40 710
53 250

Estimated living cost  is ₽12090 per week

₽8181
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽507
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽405
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2995
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽8123
₽20051
₽10012
₽12134
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
66 000
health
-
-
-
6 494
income
-
-
-
11 951
pensions
-
-
-
12 054
unemployment
-
-
-
99
total
-
-
-
30 598
Employee

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

41 859
-
57 106
-
income
7 219
-
10 975
-
pensions
6 488
-
8 851
-
health
2 704
-
3 690
-
unemployment
59
-
81
-
total
16 470
-
23 597
-
Employer

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

41 859
-
57 106
-
unemployment
25
-
34
-
health
2 788
-
3 803
-
pensions
3 704
-
5 053
-
total
6 517
-
8 890
-
Corporate
17 624
66 000
-
-
income
3 348
12 540
-
-
total
3 348
12 540
-
-
Dividends
14 275
53 460
-
-
withholding
2 141
8 019
-
-
total
2 141
8 019
-
-
Income
66 000
66 000
66 000
66 000
Total tax
28 476
20 559
32 487
30 598
After tax
37 524
45 441
33 513
35 402
Living cost
25 390
25 390
25 390
25 390
Free-cash
12 134
20 051
8 123
10 012

Estimated living cost  is ₽25390 per week

₽17425
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1628
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.
₽5847
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽10292
-₽2538
₽2919
-₽81526
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
66 000
social contributions
-
-
-
7 524
income
-
-
-
12 865
total
-
-
-
20 389
Employee
61 214
-
-
-
social contributions
5 020
-
715
-
income
13 503
-
-
-
total
18 523
-
715
-
Employer
61 214
-
-
-
social contributions
86 311
-
12 301
-
total
86 311
-
12 301
-
Corporate
-
66 000
-
-
income
-
14 520
-
-
total
-
14 520
-
-
Dividends
-
51 480
-
-
income
-
11 326
-
-
total
-
11 326
-
-
Income
66 000
66 000
66 000
66 000
Total tax
104 834
25 846
13 016
20 389
After tax
-38 834
40 154
52 984
45 611
Living cost
42 692
42 692
42 692
42 692
Free-cash
-81 526
-2 538
10 292
2 919

Estimated living cost  is ₽42692 per week

₽27700
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4015
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽544
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10432
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽5616
₽7848
₽7941
₽6896
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
66 000
social contributions

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

-
-
-
22 936
income
-
-
-
5 431
surtax
-
-
-
-
total
-
-
-
28 367
Employee
43 536
-
53 334
-
surtax
-
-
-
-
social contributions
4 789
-
5 867
-
income
9 056
-
12 159
-
total
13 845
-
18 026
-
Employer
43 536
-
53 334
-
social contributions
10 340
-
12 666
-
total
10 340
-
12 666
-
Corporate
12 124
66 000
-
-
surtax
-
-
-
-
income
2 545
13 861
-
-
total
2 545
13 861
-
-
Dividends
9 578
52 139
-
-
withholding
2 682
14 599
-
-
total
2 682
14 599
-
-
Income
66 000
66 000
66 000
66 000
Total tax
29 412
28 460
30 692
28 367
After tax
36 588
37 540
35 308
37 633
Living cost
29 692
29 692
29 692
29 692
Free-cash
6 896
7 848
5 616
7 941

Estimated living cost  is ₽29692 per week

₽22216
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1751
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽496
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5229
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽6122
-₽12454
-₽6431
-₽11806
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
66 000
other
-
-
-
2 046
social contributions
-
-
-
1 879
health
-
-
-
571
income
-
-
-
3 535
pensions
-
-
-
18 680
surtax
-
-
-
-
total
-
-
-
26 711
Employee
59 288
-
50 293
-
surtax
-
-
-
-
social contributions
1 689
-
1 433
-
income
5 173
-
3 573
-
pensions
6 706
-
5 689
-
total
13 568
-
10 695
-
Employer
59 288
-
50 293
-
other
2 046
-
1 735
-
unemployment
2 402
-
2 037
-
health
4 150
-
3 521
-
pensions
9 742
-
8 263
-
social contributions
178
-
151
-
total
18 518
-
15 707
-
Corporate
-
66 000
-
-
surtax
-
-
-
-
income
-
18 479
-
-
total
-
18 479
-
-
Dividends
-
47 521
-
-
social contributions
-
8 173
-
-
surtax
-
-
-
-
withholding
-
6 082
-
-
total
-
14 255
-
-
Income
66 000
66 000
66 000
66 000
Total tax
32 086
32 734
26 402
26 711
After tax
33 914
33 266
39 598
39 289
Living cost
45 720
45 720
45 720
45 720
Free-cash
-11 806
-12 454
-6 122
-6 431

Estimated living cost  is ₽45720 per week

₽30942
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3740
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽627
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10410
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽24458
₽30945
₽22606
₽27766
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
66 000
income
-
-
-
419
social contributions
-
-
-
14 520
total
-
-
-
14 939
Employee
30 432
-
57 142
-
income
-
-
516
-
social contributions
1 978
-
3 713
-
total
1 978
-
4 229
-
Employer
30 432
-
57 142
-
social contributions
4 717
-
8 858
-
total
4 717
-
8 858
-
Corporate
30 850
66 000
-
-
income
3 084
6 600
-
-
total
3 084
6 600
-
-
Dividends
27 766
59 400
-
-
total
-
-
-
-
Income
66 000
66 000
66 000
66 000
Total tax
9 779
6 600
13 087
14 939
After tax
56 221
59 400
52 913
51 061
Living cost
28 455
28 455
28 455
28 455
Free-cash
27 766
30 945
24 458
22 606

Estimated living cost  is ₽28455 per week

₽18398
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2145
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽535
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7376
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽139951
-₽139951
-₽3436
-₽139951
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
66 000
labour market
-
-
-
5 214
pensions
-
-
-
819
national
-
-
-
6 565
municipal
-
-
-
11 314
total
-
-
-
23 912
Employee
192 145
192 145
192 145
-
labour market
15 350
15 350
15 350
-
municipal
40 916
40 916
40 916
-
national
23 474
23 474
23 474
-
pensions
273
273
273
-
total
80 013
80 013
80 013
-
Employer
192 145
192 145
192 145
-
national
23 515
23 515
23 515
-
labour market
15 372
15 372
15 372
-
pensions
546
546
546
-
municipal
40 981
40 981
40 981
-
total
80 414
80 414
80 414
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
66 000
66 000
66 000
66 000
Total tax
160 427
160 427
160 427
23 912
After tax
-94 427
-94 427
-94 427
42 088
Living cost
45 524
45 524
45 524
45 524
Free-cash
-139 951
-139 951
-139 951
-3 436

Estimated living cost  is ₽45524 per week

₽31157
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4027
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽700
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9639
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽13252
-₽15345
₽24794
₽2173
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
66 000
other
-
-
-
354
health
-
-
-
2 082
accident
-
-
-
241
income
-
-
-
13 866
pensions
-
-
-
3 972
total
-
-
-
20 515
Employee
32 548
-
54 826
-
income
4 465
-
8 433
-
pensions
3 665
-
6 173
-
health
3 727
-
6 277
-
total
11 857
-
20 883
-
Employer
32 548
-
54 826
-
unemployment
798
-
1 343
-
accident
543
-
916
-
pensions
5 292
-
8 915
-
total
6 633
-
11 174
-
Corporate
26 819
66 000
-
-
income

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

24 137
59 400
-
-
total
24 137
59 400
-
-
Dividends
2 682
6 600
-
-
withholding
509
1 254
-
-
total
509
1 254
-
-
Income
66 000
66 000
66 000
66 000
Total tax
43 136
60 654
32 057
20 515
After tax
22 864
5 346
33 943
45 485
Living cost
20 691
20 691
20 691
20 691
Free-cash
2 173
-15 345
13 252
24 794

Estimated living cost  is ₽20691 per week

₽15061
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1180
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽388
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4062
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽3574
₽8849
₽13222
₽4706
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
66 000
health
-
-
-
622
national
-
-
-
4 045
municipal
-
-
-
11 768
total
-
-
-
16 435
Employee
49 803
-
55 522
-
municipal
8 157
-
9 086
-
national
823
-
1 477
-
pensions
3 361
-
3 747
-
health
372
-
460
-
unemployment
747
-
834
-
total
13 460
-
15 604
-
Employer
49 803
-
55 522
-
unemployment
323
-
361
-
health
383
-
428
-
accident
50
-
56
-
pensions
8 640
-
9 634
-
total
9 396
-
10 479
-
Corporate
6 800
66 000
-
-
income
1 360
13 200
-
-
total
1 360
13 200
-
-
Dividends

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

4 080
39 600
-
-
national
-
480
-
-
municipal
735
7 128
-
-
total
735
7 608
-
-
Income
66 000
66 000
66 000
66 000
Total tax
24 951
20 808
26 083
16 435
After tax
41 049
45 192
39 917
49 565
Living cost
36 343
36 343
36 343
36 343
Free-cash
4 706
8 849
3 574
13 222

Estimated living cost  is ₽36343 per week

₽23739
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3496
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽578
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8531
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽24889
₽22679
₽28120
₽21408
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
66 000
social contributions
-
-
-
10 297
health
-
-
-
1 683
income
-
-
-
3 984
total
-
-
-
15 964
Employee
72 789
72 789
72 789
-
social contributions
2 752
6 041
4 972
-
income
7 926
6 738
7 124
-
health
564
1 238
1 019
-
total
11 242
14 017
13 115
-
Employer
72 789
72 789
72 789
-
health
613
1 347
1 108
-
social contributions
2 752
6 041
4 972
-
total
3 365
7 388
6 080
-
Corporate
29 477
-
-
-
income
3 684
-
-
-
total
3 684
-
-
-
Dividends
25 793
-
-
-
withholding
4 385
-
-
-
total
4 385
-
-
-
Income
66 000
66 000
66 000
66 000
Total tax
22 676
21 405
19 195
15 964
After tax
43 324
44 595
46 805
50 036
Living cost
21 916
21 916
21 916
21 916
Free-cash
21 408
22 679
24 889
28 120

Estimated living cost  is ₽21916 per week

₽13135
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2150
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽485
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6147
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽25780
₽39625
₽35614
₽34807
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
66 000
health
-
-
-
3 426
income
-
-
-
5 883
pensions
-
-
-
6 021
unemployment
-
-
-
27
total
-
-
-
15 357
Employee

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

21 728
-
59 837
-
income
1 486
-
4 667
-
pensions
3 259
-
8 976
-
health
1 847
-
5 085
-
unemployment
108
-
300
-
total
6 700
-
19 028
-
Employer

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

21 728
-
59 837
-
unemployment
108
-
300
-
health
934
-
2 572
-
pensions
1 195
-
3 291
-
total
2 237
-
6 163
-
Corporate
42 036
66 000
-
-
income
3 783
5 941
-
-
total
3 783
5 941
-
-
Dividends
38 253
60 059
-
-
withholding
3 444
5 405
-
-
total
3 444
5 405
-
-
Income
66 000
66 000
66 000
66 000
Total tax
16 164
11 346
25 191
15 357
After tax
49 836
54 654
40 809
50 643
Living cost
15 029
15 029
15 029
15 029
Free-cash
34 807
39 625
25 780
35 614

Estimated living cost  is ₽15029 per week

₽9589
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1083
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽447
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3909
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽10071
₽18505
₽9605
₽13539
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
66 000
other
-
-
-
66
accident
-
-
-
595
income
-
-
-
10 563
pensions
-
-
-
18 679
unemployment
-
-
-
462
total
-
-
-
30 365
Employee
35 002
-
50 045
-
income
6 748
-
10 765
-
other
34
-
50
-
pensions
1 645
-
2 351
-
unemployment
543
-
776
-
total
8 970
-
13 942
-
Employer
35 002
-
50 045
-
other
280
-
401
-
unemployment
1 926
-
2 752
-
accident
693
-
992
-
pensions
8 260
-
11 811
-
total
11 159
-
15 956
-
Corporate
19 840
66 000
-
-
income

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

2 977
9 900
-
-
total
2 977
9 900
-
-
Dividends
16 863
56 100
-
-
withholding
3 325
11 565
-
-
total
3 325
11 565
-
-
Income
66 000
66 000
66 000
66 000
Total tax
26 431
21 465
29 898
30 365
After tax
39 569
44 535
36 102
35 635
Living cost
26 030
26 030
26 030
26 030
Free-cash
13 539
18 505
10 071
9 605

Estimated living cost  is ₽26030 per week

₽17570
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2502
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽456
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5502
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽40000
₽39436
₽40125
₽39149
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
66 000
health
-
-
-
925
income
-
-
-
21 927
pensions
-
-
-
1 275
total
-
-
-
24 127
Employee
2 663
-
64 565
-
income
515
-
21 860
-
pensions
240
-
574
-
health
133
-
319
-
unemployment
27
-
64
-
total
915
-
22 817
-
Employer
2 663
-
64 565
-
unemployment
53
-
128
-
health
253
-
606
-
pensions
293
-
701
-
total
599
-
1 435
-
Corporate
62 738
66 000
-
-
income
13 802
14 520
-
-
total
13 802
14 520
-
-
Dividends
48 935
51 480
-
-
withholding
9 787
10 296
-
-
total
9 787
10 296
-
-
Income
66 000
66 000
66 000
66 000
Total tax
25 103
24 816
24 252
24 127
After tax
40 897
41 184
41 748
41 873
Living cost
1 748
1 748
1 748
1 748
Free-cash
39 149
39 436
40 000
40 125

Estimated living cost  is ₽1748 per week

₽1039
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽142
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽40
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽528
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽18538
₽31354
₽15995
₽26707
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
66 000
health
-
-
-
6 798
income
-
-
-
8 726
pensions
-
-
-
17 160
unemployment
-
-
-
990
total
-
-
-
33 674
Employee

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

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

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

24 626
-
55 980
-
income
3 395
-
9 970
-
pensions
3 448
-
7 837
-
health
1 268
-
2 883
-
unemployment
185
-
420
-
total
8 296
-
21 110
-
Employer

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

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

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

24 626
-
55 980
-
unemployment
185
-
420
-
health
1 268
-
2 883
-
pensions
2 955
-
6 718
-
total
4 408
-
10 021
-
Corporate
36 965
66 000
-
-
income
5 545
9 900
-
-
total
5 545
9 900
-
-
Dividends
31 421
56 100
-
-
withholding
4 713
8 415
-
-
total
4 713
8 415
-
-
Income
66 000
66 000
66 000
66 000
Total tax
22 962
18 315
31 131
33 674
After tax
43 038
47 685
34 869
32 326
Living cost
16 331
16 331
16 331
16 331
Free-cash
26 707
31 354
18 538
15 995

Estimated living cost  is ₽16331 per week

₽10996
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1263
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽473
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3600
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽9788
₽12020
₽12113
₽11678
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
66 000
social contributions

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

-
-
-
22 936
income
-
-
-
5 431
surtax
-
-
-
-
total
-
-
-
28 367
Employee
36 740
-
53 334
-
surtax
-
-
-
-
social contributions
4 042
-
5 867
-
income
7 179
-
12 159
-
total
11 221
-
18 026
-
Employer
36 740
-
53 334
-
social contributions
8 725
-
12 666
-
total
8 725
-
12 666
-
Corporate
20 535
66 000
-
-
surtax
-
-
-
-
income
4 313
13 861
-
-
total
4 313
13 861
-
-
Dividends
16 222
52 139
-
-
withholding
4 543
14 599
-
-
total
4 543
14 599
-
-
Income
66 000
66 000
66 000
66 000
Total tax
28 802
28 460
30 692
28 367
After tax
37 198
37 540
35 308
37 633
Living cost
25 520
25 520
25 520
25 520
Free-cash
11 678
12 020
9 788
12 113

Estimated living cost  is ₽25520 per week

₽18075
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1773
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽453
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5220
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽2834
₽11267
₽2367
₽3928
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
66 000
other
-
-
-
66
accident
-
-
-
595
income
-
-
-
10 563
pensions
-
-
-
18 679
unemployment
-
-
-
462
total
-
-
-
30 365
Employee
45 717
-
50 045
-
income
9 549
-
10 765
-
other
45
-
50
-
pensions
2 148
-
2 351
-
unemployment
708
-
776
-
total
12 450
-
13 942
-
Employer
45 717
-
50 045
-
other
366
-
401
-
unemployment
2 515
-
2 752
-
accident
905
-
992
-
pensions
10 789
-
11 811
-
total
14 575
-
15 956
-
Corporate
5 708
66 000
-
-
income

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

857
9 900
-
-
total
857
9 900
-
-
Dividends
4 851
56 100
-
-
withholding
922
11 565
-
-
total
922
11 565
-
-
Income
66 000
66 000
66 000
66 000
Total tax
28 804
21 465
29 898
30 365
After tax
37 196
44 535
36 102
35 635
Living cost
33 268
33 268
33 268
33 268
Free-cash
3 928
11 267
2 834
2 367

Estimated living cost  is ₽33268 per week

₽23892
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2587
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽469
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6321
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽32862
₽40372
₽31336
₽34682
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
66 000
health
-
-
-
3 750
income
-
-
-
9 900
pensions

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

-
-
-
4 826
unemployment
-
-
-
130
total
-
-
-
18 606
Employee
21 263
-
59 603
-
income
2 127
-
5 960
-
accident

We are using the highest rate at 1.1%.

234
-
359
-
pensions

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

1 867
-
2 863
-
health
978
-
1 500
-
total
5 206
-
10 682
-
Employer
21 263
-
59 603
-
unemployment
128
-
196
-
health
1 467
-
2 250
-
accident

We are using the highest rate at 1.1%.

234
-
359
-
pensions

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

2 343
-
3 593
-
total
4 172
-
6 398
-
Corporate
40 566
66 000
-
-
income
4 057
6 600
-
-
total
4 057
6 600
-
-
Dividends
36 509
59 400
-
-
withholding
1 825
2 970
-
-
total
1 825
2 970
-
-
Income
66 000
66 000
66 000
66 000
Total tax
15 260
9 570
17 080
18 606
After tax
50 740
56 430
48 920
47 394
Living cost
16 058
16 058
16 058
16 058
Free-cash
34 682
40 372
32 862
31 336

Estimated living cost  is ₽16058 per week

₽10620
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽919
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽383
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4135
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽12947
-₽2413
₽9791
₽9967
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
66 000
health

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

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

-
-
-
6 467
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.

-
-
-
9 517
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.

-
-
-
523
trade
-
-
-
3 156
total
-
-
-
19 663
Employee

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

47 099
-
66 000
-
surtax

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

214
-
523
-
income

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

3 873
-
9 517
-
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.

6 467
-
6 467
-
total
10 554
-
16 507
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
18 901
66 000
-
-
chamber of commerce
171
241
-
-
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.

156
544
-
-
trade
2 713
9 470
-
-
income
2 835
9 900
-
-
total
5 875
20 155
-
-
Dividends
13 027
45 845
-
-
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.

160
611
-
-
withholding
2 898
11 101
-
-
total
3 058
11 712
-
-
Income
66 000
66 000
66 000
66 000
Total tax
19 487
31 867
16 507
19 663
After tax
46 513
34 133
49 493
46 337
Living cost
36 546
36 546
36 546
36 546
Free-cash
9 967
-2 413
12 947
9 791

Estimated living cost  is ₽36546 per week

₽25210
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3932
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽530
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6873
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽3942
-₽7725
-₽3942
-₽8047
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
66 000
income
-
-
-
10 753
social contributions
-
-
-
5 266
total
-
-
-
16 019
Employee
74 045
-
66 000
-
income
13 972
-
10 753
-
social contributions
6 152
-
5 266
-
total
20 124
-
16 019
-
Employer
74 045
-
66 000
-
total
-
-
-
-
Corporate
-
66 000
-
-
income
-
8 251
-
-
total
-
8 251
-
-
Dividends
-
57 749
-
-
withholding
-
11 551
-
-
total
-
11 551
-
-
Income
66 000
66 000
66 000
66 000
Total tax
20 124
19 802
16 019
16 019
After tax
45 876
46 198
49 981
49 981
Living cost
53 923
53 923
53 923
53 923
Free-cash
-8 047
-7 725
-3 942
-3 942

Estimated living cost  is ₽53923 per week

₽41023
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4394
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽516
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7990
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽13664
₽3538
-₽1131
₽9019
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
66 000
income
-
-
-
26 945
health

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

-
-
-
5 824
total
-
-
-
32 769
Employee
43 425
-
61 646
-
income
4 712
-
9 266
-
social contributions
4 351
-
4 354
-
total
9 063
-
13 620
-
Employer
43 425
-
61 646
-
social contributions
4 351
-
4 354
-
total
4 351
-
4 354
-
Corporate
18 225
66 000
-
-
income
6 379
23 099
-
-
total
6 379
23 099
-
-
Dividends
11 846
42 901
-
-
social contributions
2 826
5 001
-
-
total
2 826
5 001
-
-
Income
66 000
66 000
66 000
66 000
Total tax
22 619
28 100
17 974
32 769
After tax
43 381
37 900
48 026
33 231
Living cost
34 362
34 362
34 362
34 362
Free-cash
9 019
3 538
13 664
-1 131

Estimated living cost  is ₽34362 per week

₽22634
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2709
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽526
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8491
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽7233
₽14439
₽14295
₽9120
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
66 000
income
-
-
-
12 327
pensions
-
-
-
4 366
total
-
-
-
16 693
Employee
48 059
-
58 581
-
income
8 752
-
10 562
-
health
627
-
843
-
pensions
3 668
-
4 930
-
total
13 047
-
16 335
-
Employer
48 059
-
58 581
-
health
913
-
1 113
-
pensions
4 856
-
6 307
-
total
5 769
-
7 420
-
Corporate
12 172
66 000
-
-
income

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

2 313
12 540
-
-
total
2 313
12 540
-
-
Dividends
9 859
53 460
-
-
withholding
739
4 009
-
-
total
739
4 009
-
-
Income
66 000
66 000
66 000
66 000
Total tax
21 868
16 549
23 755
16 693
After tax
44 132
49 451
42 245
49 307
Living cost
35 012
35 012
35 012
35 012
Free-cash
9 120
14 439
7 233
14 295

Estimated living cost  is ₽35012 per week

₽24018
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3220
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽438
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7334
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽11204
-₽17393
₽22746
₽1859
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
66 000
other
-
-
-
354
health
-
-
-
2 082
accident
-
-
-
241
income
-
-
-
13 866
pensions
-
-
-
3 972
total
-
-
-
20 515
Employee
35 770
-
54 826
-
income
4 907
-
8 433
-
pensions
4 028
-
6 173
-
health
4 095
-
6 277
-
total
13 030
-
20 883
-
Employer
35 770
-
54 826
-
unemployment
876
-
1 343
-
accident
597
-
916
-
pensions
5 816
-
8 915
-
total
7 289
-
11 174
-
Corporate
22 941
66 000
-
-
income

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

20 647
59 400
-
-
total
20 647
59 400
-
-
Dividends
2 294
6 600
-
-
withholding
436
1 254
-
-
total
436
1 254
-
-
Income
66 000
66 000
66 000
66 000
Total tax
41 402
60 654
32 057
20 515
After tax
24 598
5 346
33 943
45 485
Living cost
22 739
22 739
22 739
22 739
Free-cash
1 859
-17 393
11 204
22 746

Estimated living cost  is ₽22739 per week

₽16688
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1325
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽458
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4268
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽25738
₽43354
₽25738
₽38766
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
66 000
income
-
-
-
9 366
health insurance
-
-
-
4 884
work injury
-
-
-
330
pensions
-
-
-
12 144
unemployment
-
-
-
792
total
-
-
-
27 516
Employee

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

20 393
-
66 000
-
income
2 039
-
9 366
-
work injury
102
-
330
-
health insurance
1 509
-
4 884
-
pensions
3 752
-
12 144
-
unemployment
245
-
792
-
total
7 647
-
27 516
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
45 607
66 000
-
-
income

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

-
-
-
-
total
-
-
-
-
Dividends
45 607
66 000
-
-
withholding
6 841
9 900
-
-
total
6 841
9 900
-
-
Income
66 000
66 000
66 000
66 000
Total tax
14 488
9 900
27 516
27 516
After tax
51 512
56 100
38 484
38 484
Living cost
12 746
12 746
12 746
12 746
Free-cash
38 766
43 354
25 738
25 738

Estimated living cost  is ₽12746 per week

₽7896
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽926
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽398
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3526
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽6015
-₽2946
-₽2358
-₽13767
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
66 000
social contributions
-
-
-
16 976
national
-
-
-
12 160
regional
-
-
-
1 070
municipal
-
-
-
442
total
-
-
-
30 648
Employee
79 767
-
66 000
-
social contributions
26 897
-
22 255
-
municipal
476
-
393
-
national
13 480
-
10 733
-
regional
1 204
-
924
-
total
42 057
-
34 305
-
Employer
79 767
-
66 000
-
total
-
-
-
-
Corporate
-
66 000
-
-
nationa
-
15 840
-
-
municipal
-
3 181
-
-
total
-
19 021
-
-
Dividends
-
46 978
-
-
withholding
-
12 215
-
-
total
-
12 215
-
-
Income
66 000
66 000
66 000
66 000
Total tax
42 057
31 236
34 305
30 648
After tax
23 943
34 764
31 695
35 352
Living cost
37 710
37 710
37 710
37 710
Free-cash
-13 767
-2 946
-6 015
-2 358

Estimated living cost  is ₽37710 per week

₽26489
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2594
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽569
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8057
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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