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
₽3007
₽19375
₽16344
₽14132
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income

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

-
-
-
8 806
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.

-
-
-
485
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.

-
-
-
6 871
trade
-
-
-
3 031
total
-
-
-
19 193
Employee

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

38 468
-
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.

59
-
485
-
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.

1 075
-
8 806
-
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.

6 871
-
6 871
-
total
8 005
-
16 162
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
27 532
66 000
-
-
income
4 130
9 900
-
-
surtax

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

227
544
-
-
chamber of commerce
193
248
-
-
trade
4 336
10 394
-
-
total
8 886
21 086
-
-
Dividends
18 646
44 914
-
-
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.

235
597
-
-
withholding
4 279
10 847
-
-
total
4 514
11 444
-
-
Income
66 000
66 000
66 000
66 000
Total tax
21 405
32 530
16 162
19 193
After tax
44 595
33 470
49 838
46 807
Living cost
30 463
30 463
30 463
30 463
Free-cash
14 132
3 007
19 375
16 344

Estimated living cost  is ₽30463 per week

₽19162
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3552
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.
₽7180
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽12227
-₽11797
-₽12314
-₽24311
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
6 383
national
-
-
-
9 891
pensions
-
-
-
7 920
total
-
-
-
24 903
Employee
82 797
-
57 056
-
municipal
10 227
-
6 639
-
pensions
3 312
-
2 282
-
national
15 847
-
10 287
-
total
29 386
-
19 208
-
Employer
82 797
-
57 056
-
pensions
6 624
-
4 565
-
social contributions
890
-
613
-
total
7 514
-
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
36 900
24 816
24 386
24 903
After tax
29 100
41 184
41 614
41 097
Living cost
53 411
53 411
53 411
53 411
Free-cash
-24 311
-12 227
-11 797
-12 314

Estimated living cost  is ₽53411 per week

₽36303
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4965
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽799
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11344
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽31876
₽16671
₽32010
₽23626
S + D Salary + Dividends

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

Dividends

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

Salary

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

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

-
-
-
3 166
microenterprise
-
-
-
9 900
total
-
-
-
13 066
Employee
29 388
-
53 188
-
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.

3 233
-
5 850
-
income
5 231
-
9 743
-
total
8 464
-
15 593
-
Employer
29 388
-
53 188
-
social contributions

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

7 079
-
12 812
-
surtax
-
-
-
-
total
7 079
-
12 812
-
Corporate
29 533
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%.

5 907
13 200
-
-
total
5 907
13 200
-
-
Dividends

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

23 625
52 800
-
-
total
-
-
-
-
Income
66 000
66 000
66 000
66 000
Total tax
21 450
13 200
28 405
13 066
After tax
44 550
52 800
37 595
52 934
Living cost
20 924
20 924
20 924
20 924
Free-cash
23 626
31 876
16 671
32 010

Estimated living cost  is ₽20924 per week

₽13349
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1993
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽475
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5107
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽28227
-₽33873
-₽4476
-₽33873
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
6 481
health
-
-
-
10 079
pensions
-
-
-
11 784
total
-
-
-
28 344
Employee
85 887
85 887
85 887
-
pensions
15 460
11 784
15 460
-
income

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

14 058
14 058
14 058
-
health
13 183
11 213
13 183
-
total
42 701
37 055
42 701
-
Employer
85 887
85 887
85 887
-
health
5 970
5 970
5 970
-
pensions
5 978
5 978
5 978
-
unemployment
3 092
3 092
3 092
-
total
15 040
15 040
15 040
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
66 000
66 000
66 000
66 000
Total tax
57 741
52 095
57 741
28 344
After tax
8 259
13 905
8 259
37 656
Living cost
42 132
42 132
42 132
42 132
Free-cash
-33 873
-28 227
-33 873
-4 476

Estimated living cost  is ₽42132 per week

₽29858
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3798
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽670
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7806
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rotterdam model

Close
Stockholm , Sweden
-₽5170
-₽5962
-₽8306
-₽11163
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
132
other
-
-
-
7 669
unemployment
-
-
-
66
health
-
-
-
4 118
municipal
-
-
-
13 980
national
-
-
-
-
pensions
-
-
-
7 135
total
-
-
-
33 100
Employee
58 715
-
50 221
-
municipal
17 509
-
14 976
-
national
-
-
-
-
total
17 509
-
14 976
-
Employer
58 715
-
50 221
-
health
3 611
-
3 089
-
pensions
6 347
-
5 429
-
accident
117
-
100
-
unemployment
1 550
-
1 326
-
other
6 823
-
5 836
-
total
18 448
-
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
35 957
29 964
30 756
33 100
After tax
30 043
36 036
35 244
32 900
Living cost
41 206
41 206
41 206
41 206
Free-cash
-11 163
-5 170
-5 962
-8 306

Estimated living cost  is ₽41206 per week

₽27310
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4043
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽626
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9227
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽6378
₽10328
₽7164
₽7752
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income

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

-
-
-
8 806
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.

-
-
-
485
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.

-
-
-
6 871
trade
-
-
-
3 164
total
-
-
-
19 326
Employee

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

51 004
-
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.

240
-
485
-
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.

4 382
-
8 806
-
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.

6 871
-
6 871
-
total
11 493
-
16 162
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
14 996
66 000
-
-
income
2 250
9 900
-
-
surtax

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

124
544
-
-
chamber of commerce
174
246
-
-
trade
2 468
10 856
-
-
total
5 016
21 546
-
-
Dividends
9 981
44 454
-
-
surtax

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

116
590
-
-
withholding
2 113
10 732
-
-
total
2 229
11 322
-
-
Income
66 000
66 000
66 000
66 000
Total tax
18 738
32 868
16 162
19 326
After tax
47 262
33 132
49 838
46 674
Living cost
39 510
39 510
39 510
39 510
Free-cash
7 752
-6 378
10 328
7 164

Estimated living cost  is ₽39510 per week

₽26424
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4166
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽590
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8329
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽10636
₽13623
₽18009
₽11719
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 390
social contributions
-
-
-
10 297
health
-
-
-
1 683
total
-
-
-
15 370
Employee
77 337
77 337
77 337
-
social contributions
3 758
6 419
4 974
-
income
8 121
7 159
7 680
-
health
769
1 315
1 019
-
total
12 648
14 893
13 673
-
Employer
77 337
77 337
77 337
-
health
838
1 431
1 109
-
social contributions
3 758
6 419
4 974
-
total
4 596
7 850
6 083
-
Corporate
16 134
-
-
-
income
2 017
-
-
-
total
2 017
-
-
-
Dividends
14 117
-
-
-
withholding
2 399
-
-
-
total
2 399
-
-
-
Income
66 000
66 000
66 000
66 000
Total tax
21 660
22 743
19 756
15 370
After tax
44 340
43 257
46 244
50 630
Living cost
32 621
32 621
32 621
32 621
Free-cash
11 719
10 636
13 623
18 009

Estimated living cost  is ₽32621 per week

₽22300
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2548
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.
₽7226
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽18857
₽19806
₽27266
₽19241
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 069
unemployment
-
-
-
990
health
-
-
-
4 620
pensions
-
-
-
6 600
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.

26 641
10 603
55 230
-
unemployment
400
159
828
-
pensions
2 664
1 060
5 523
-
income
3 257
1 296
6 752
-
health
1 865
742
3 866
-
total
8 186
3 257
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.

26 641
10 603
55 230
-
pensions
5 195
2 068
10 770
-
total
5 195
2 068
10 770
-
Corporate
34 164
53 330
-
-
income
3 075
4 800
-
-
total
3 075
4 800
-
-
Dividends
31 090
48 530
-
-
social contributions
5 941
9 342
-
-
withholding
5 907
9 221
-
-
total
11 848
18 563
-
-
Income
66 000
66 000
66 000
66 000
Total tax
28 304
28 688
27 739
20 279
After tax
37 696
37 312
38 261
45 721
Living cost
18 455
18 455
18 455
18 455
Free-cash
19 241
18 857
19 806
27 266

Estimated living cost  is ₽18455 per week

₽12594
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1510
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽369
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3982
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28507
₽13807
₽11515
₽22259
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 413
health
-
-
-
8 579
pensions
-
-
-
13 200
total
-
-
-
30 192
Employee
28 531
-
49 327
-
unemployment
456
-
790
-
pensions
571
-
987
-
income
3 212
-
9 449
-
total
4 239
-
11 226
-
Employer
28 531
-
49 327
-
health
3 708
-
6 413
-
pensions
5 707
-
9 866
-
unemployment
229
-
395
-
total
9 644
-
16 674
-
Corporate
27 824
66 000
-
-
income
5 565
13 200
-
-
total
5 565
13 200
-
-
Dividends
22 259
52 800
-
-
total
-
-
-
-
Income
66 000
66 000
66 000
66 000
Total tax
19 448
13 200
27 900
30 192
After tax
46 552
52 800
38 100
35 808
Living cost
24 292
24 292
24 292
24 292
Free-cash
22 259
28 507
13 807
11 515

Estimated living cost  is ₽24292 per week

₽16662
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1447
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽489
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5695
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽17054
₽11884
₽23127
₽1910
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
257
income
-
-
-
13 382
other
-
-
-
377
health
-
-
-
2 221
pensions
-
-
-
4 236
total
-
-
-
20 473
Employee
35 237
-
54 826
-
pensions
3 968
-
6 173
-
income
4 834
-
8 092
-
health
4 035
-
6 278
-
total
12 837
-
20 543
-
Employer
35 237
-
54 826
-
pensions
5 730
-
8 914
-
accident
588
-
916
-
unemployment
863
-
1 343
-
total
7 181
-
11 173
-
Corporate
23 582
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.

21 224
59 400
-
-
total
21 224
59 400
-
-
Dividends
2 358
6 600
-
-
withholding
448
1 254
-
-
total
448
1 254
-
-
Income
66 000
66 000
66 000
66 000
Total tax
41 690
60 654
31 716
20 473
After tax
24 310
5 346
34 284
45 527
Living cost
22 400
22 400
22 400
22 400
Free-cash
1 910
-17 054
11 884
23 127

Estimated living cost  is ₽22400 per week

₽16417
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1241
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽468
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4275
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽54560
₽44660
₽57200
₽53034
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
10 174
-
66 000
-
income
2 035
-
13 200
-
total
2 035
-
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%.

55 826
66 000
-
-
total
-
-
-
-
Dividends
55 826
66 000
-
-
withholding
2 791
3 300
-
-
total
2 791
3 300
-
-
Income
66 000
66 000
66 000
66 000
Total tax
4 826
3 300
13 200
660
After tax
61 174
62 700
52 800
65 340
Living cost
8 140
8 140
8 140
8 140
Free-cash
53 034
54 560
44 660
57 200

Estimated living cost  is ₽8140 per week

₽5044
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽677
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽224
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2195
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽21692
₽11884
₽8938
₽14896
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 383
other
-
-
-
3 136
health
-
-
-
2 905
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.

-
-
-
15 839
total
-
-
-
30 263
Employee
36 518
-
52 714
-
unemployment
365
-
527
-
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.

2 556
-
3 691
-
income
6 287
-
9 073
-
health
512
-
739
-
total
9 720
-
14 030
-
Employer
36 518
-
52 714
-
health
512
-
739
-
pensions

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

6 209
-
8 963
-
accident
292
-
422
-
unemployment
365
-
527
-
other
1 827
-
2 636
-
total
9 205
-
13 287
-
Corporate
20 279
66 000
-
-
income
4 258
13 860
-
-
total
4 258
13 860
-
-
Dividends
16 021
52 140
-
-
withholding
1 122
3 649
-
-
total
1 122
3 649
-
-
Income
66 000
66 000
66 000
66 000
Total tax
24 305
17 509
27 317
30 263
After tax
41 695
48 491
38 683
35 737
Living cost
26 799
26 799
26 799
26 799
Free-cash
14 896
21 692
11 884
8 938

Estimated living cost  is ₽26799 per week

₽18935
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1809
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽431
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5623
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽17409
-₽24430
-₽17475
-₽41562
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
12 345
pensions
-
-
-
4 271
total
-
-
-
16 616
Employee
94 595
-
58 675
-
pensions
9 126
-
4 815
-
income
17 052
-
10 608
-
health
1 559
-
823
-
total
27 737
-
16 246
-
Employer
94 595
-
58 675
-
health
1 797
-
1 114
-
pensions
11 169
-
6 211
-
total
12 966
-
7 325
-
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.

-
12 541
-
-
total
-
12 541
-
-
Dividends
-
53 459
-
-
withholding
-
4 009
-
-
total
-
4 009
-
-
Income
66 000
66 000
66 000
66 000
Total tax
40 703
16 550
23 571
16 616
After tax
25 297
49 450
42 429
49 384
Living cost
66 859
66 859
66 859
66 859
Free-cash
-41 562
-17 409
-24 430
-17 475

Estimated living cost  is ₽66859 per week

₽50099
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7856
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.
₽8362
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽43225
₽34889
₽33502
₽38545
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
9 900
unemployment
-
-
-
141
health
-
-
-
4 046
pensions

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

-
-
-
5 206
total
-
-
-
19 293
Employee
17 485
-
59 098
-
accident

We are using the highest rate at 1.1%.

193
-
387
-
pensions

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

1 535
-
3 089
-
income
1 748
-
5 910
-
health
804
-
1 618
-
total
4 280
-
11 004
-
Employer
17 485
-
59 098
-
health
1 207
-
2 427
-
pensions

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

1 927
-
3 877
-
accident

We are using the highest rate at 1.1%.

193
-
387
-
unemployment
105
-
211
-
total
3 432
-
6 902
-
Corporate
45 084
66 000
-
-
income
4 509
6 600
-
-
total
4 509
6 600
-
-
Dividends
40 576
59 400
-
-
withholding
2 029
2 970
-
-
total
2 029
2 970
-
-
Income
66 000
66 000
66 000
66 000
Total tax
14 250
9 570
17 906
19 293
After tax
51 750
56 430
48 094
46 707
Living cost
13 205
13 205
13 205
13 205
Free-cash
38 545
43 225
34 889
33 502

Estimated living cost  is ₽13205 per week

₽7709
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽943
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽350
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4203
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽41865
-₽47511
-₽18114
-₽43571
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
6 481
health
-
-
-
10 079
pensions
-
-
-
11 784
total
-
-
-
28 344
Employee
93 245
85 887
85 887
-
pensions
11 784
11 784
15 460
-
income

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

14 058
14 058
14 058
-
health
11 633
11 213
13 183
-
total
37 475
37 055
42 701
-
Employer
93 245
85 887
85 887
-
health
6 480
5 970
5 970
-
pensions
6 489
5 978
5 978
-
unemployment
3 357
3 092
3 092
-
total
16 326
15 040
15 040
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
66 000
66 000
66 000
66 000
Total tax
53 801
52 095
57 741
28 344
After tax
12 199
13 905
8 259
37 656
Living cost
55 770
55 770
55 770
55 770
Free-cash
-43 571
-41 865
-47 511
-18 114

Estimated living cost  is ₽55770 per week

₽41140
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4981
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽639
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9010
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Amsterdam model

Close
Brno , Czech Republic
₽20448
₽8500
₽7152
₽11531
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
5 673
social contributions
-
-
-
19 272
solidarity contribution
-
-
-
-
health
-
-
-
8 910
total
-
-
-
33 855
Employee
36 754
-
49 254
-
solidarity contribution
-
-
-
-
social contributions
2 389
-
3 202
-
income
4 411
-
5 910
-
health
4 962
-
6 649
-
total
11 762
-
15 761
-
Employer
36 754
-
49 254
-
health
3 308
-
4 433
-
social contributions
9 189
-
12 313
-
total
12 497
-
16 746
-
Corporate
16 749
66 000
-
-
income
3 182
12 540
-
-
total
3 182
12 540
-
-
Dividends
13 567
53 460
-
-
withholding
2 035
8 019
-
-
total
2 035
8 019
-
-
Income
66 000
66 000
66 000
66 000
Total tax
29 476
20 559
32 507
33 855
After tax
36 524
45 441
33 493
32 145
Living cost
24 993
24 993
24 993
24 993
Free-cash
11 531
20 448
8 500
7 152

Estimated living cost  is ₽24993 per week

₽17360
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1778
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.
₽5363
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽7225
-₽10300
-₽6571
-₽23384
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
16 975
regional
-
-
-
675
municipal
-
-
-
391
national
-
-
-
12 091
total
-
-
-
30 132
Employee
89 385
-
66 000
-
municipal
473
-
349
-
national
15 488
-
10 665
-
regional
843
-
591
-
social contributions
30 141
-
22 256
-
total
46 945
-
33 861
-
Employer
89 385
-
66 000
-
total
-
-
-
-
Corporate
-
66 000
-
-
municipal
-
2 575
-
-
nationa
-
15 839
-
-
total
-
18 414
-
-
Dividends
-
47 586
-
-
withholding
-
12 372
-
-
total
-
12 372
-
-
Income
66 000
66 000
66 000
66 000
Total tax
46 945
30 786
33 861
30 132
After tax
19 055
35 214
32 139
35 868
Living cost
42 439
42 439
42 439
42 439
Free-cash
-23 384
-7 225
-10 300
-6 571

Estimated living cost  is ₽42439 per week

₽29583
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2783
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽651
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9421
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽19322
₽12982
₽14420
₽16190
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
10 451
other
-
-
-
-
surtax
-
-
-
821
unemployment
-
-
-
229
health
-
-
-
4 686
pensions
-
-
-
13 200
total
-
-
-
29 387
Employee
33 259
-
54 524
-
other
-
-
-
-
unemployment
2 315
-
3 794
-
pensions
2 218
-
3 636
-
surtax
109
-
712
-
income
5 575
-
9 818
-
health
849
-
1 389
-
total
11 066
-
19 349
-
Employer
33 259
-
54 524
-
health
1 514
-
2 479
-
pensions
4 434
-
7 268
-
unemployment
1 054
-
1 729
-
other
-
-
-
-
total
7 002
-
11 476
-
Corporate
25 740
66 000
-
-
income
6 692
17 160
-
-
total
6 692
17 160
-
-
Dividends
19 048
48 840
-
-
withholding
2 857
7 325
-
-
total
2 857
7 325
-
-
Income
66 000
66 000
66 000
66 000
Total tax
27 617
24 485
30 825
29 387
After tax
38 383
41 515
35 175
36 613
Living cost
22 193
22 193
22 193
22 193
Free-cash
16 190
19 322
12 982
14 420

Estimated living cost  is ₽22193 per week

₽13570
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2048
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽512
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6064
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽3774
-₽3247
₽3708
-₽5462
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
12 345
pensions
-
-
-
4 271
total
-
-
-
16 616
Employee
63 395
-
58 675
-
pensions
5 381
-
4 815
-
income
11 418
-
10 608
-
health
920
-
823
-
total
17 719
-
16 246
-
Employer
63 395
-
58 675
-
health
1 204
-
1 114
-
pensions
6 863
-
6 211
-
total
8 067
-
7 325
-
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.

-
12 541
-
-
total
-
12 541
-
-
Dividends
-
53 459
-
-
withholding
-
4 009
-
-
total
-
4 009
-
-
Income
66 000
66 000
66 000
66 000
Total tax
25 786
16 550
23 571
16 616
After tax
40 214
49 450
42 429
49 384
Living cost
45 676
45 676
45 676
45 676
Free-cash
-5 462
3 774
-3 247
3 708

Estimated living cost  is ₽45676 per week

₽34220
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3424
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽478
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7554
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽49565
-₽27276
-₽23903
-₽36213
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
1 319
regional
-
-
-
1 593
health
-
-
-
260
city
-
-
-
694
national
-
-
-
221
pensions
-
-
-
6 071
total
-
-
-
10 158
Employee
93 322
-
59 073
-
unemployment
-
-
-
-
pensions
7 840
-
4 961
-
national
442
-
182
-
regional
3 056
-
1 344
-
city
1 002
-
635
-
health
211
-
133
-
total
12 551
-
7 255
-
Employer
93 322
-
59 073
-
health
211
-
133
-
pensions
7 840
-
4 961
-
unemployment
-
-
-
-
other

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

1 866
-
1 182
-
total
9 917
-
6 276
-
Corporate
-
66 000
-
-
regional
-
13 958
-
-
national
-
5 610
-
-
total
-
19 568
-
-
Dividends
-
46 432
-
-
withholding
-
16 252
-
-
total
-
16 252
-
-
Income
66 000
66 000
66 000
66 000
Total tax
22 468
35 820
13 531
10 158
After tax
43 532
30 180
52 469
55 842
Living cost
79 745
79 745
79 745
79 745
Free-cash
-36 213
-49 565
-27 276
-23 903

Estimated living cost  is ₽79745 per week

₽51857
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7156
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽979
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽19752
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽13284
₽3764
₽464
₽3025
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income

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

-
-
-
8 806
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.

-
-
-
485
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.

-
-
-
6 871
trade
-
-
-
3 300
total
-
-
-
19 462
Employee

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

60 444
-
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.

391
-
485
-
income

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

7 108
-
8 806
-
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.

6 871
-
6 871
-
total
14 370
-
16 162
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
5 556
66 000
-
-
income
834
9 900
-
-
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.

46
544
-
-
chamber of commerce
160
246
-
-
trade
952
11 320
-
-
total
1 992
22 010
-
-
Dividends
3 564
43 990
-
-
surtax

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

29
584
-
-
withholding
510
10 616
-
-
total
539
11 200
-
-
Income
66 000
66 000
66 000
66 000
Total tax
16 901
33 210
16 162
19 462
After tax
49 099
32 790
49 838
46 538
Living cost
46 074
46 074
46 074
46 074
Free-cash
3 025
-13 284
3 764
464

Estimated living cost  is ₽46074 per week

₽33650
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3685
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.
₽8140
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽1147
₽5348
₽4955
₽4795
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 365
other
-
-
-
2 046
surtax
-
-
-
-
social contributions
-
-
-
1 880
health
-
-
-
571
pensions
-
-
-
18 773
total
-
-
-
26 635
Employee
43 044
-
50 292
-
pensions
4 867
-
5 688
-
surtax
-
-
-
-
social contributions
1 227
-
1 431
-
income
2 540
-
3 416
-
total
8 634
-
10 535
-
Employer
43 044
-
50 292
-
health
3 014
-
3 521
-
pensions
7 071
-
8 264
-
unemployment
1 743
-
2 036
-
social contributions
130
-
151
-
other
1 485
-
1 735
-
total
13 443
-
15 707
-
Corporate
9 513
66 000
-
-
income
2 664
18 481
-
-
surtax
-
-
-
-
total
2 664
18 481
-
-
Dividends
6 849
47 519
-
-
surtax
-
-
-
-
social contributions
1 178
8 173
-
-
withholding
876
6 083
-
-
total
2 054
14 256
-
-
Income
66 000
66 000
66 000
66 000
Total tax
26 795
32 737
26 242
26 635
After tax
39 205
33 263
39 758
39 365
Living cost
34 410
34 410
34 410
34 410
Free-cash
4 795
-1 147
5 348
4 955

Estimated living cost  is ₽34410 per week

₽21697
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2798
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽586
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9331
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽2262
₽8757
₽8364
₽7850
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 365
other
-
-
-
2 046
surtax
-
-
-
-
social contributions
-
-
-
1 880
health
-
-
-
571
pensions
-
-
-
18 773
total
-
-
-
26 635
Employee
38 423
-
50 292
-
pensions
4 346
-
5 688
-
surtax
-
-
-
-
social contributions
1 096
-
1 431
-
income
1 981
-
3 416
-
total
7 423
-
10 535
-
Employer
38 423
-
50 292
-
health
2 689
-
3 521
-
pensions
6 314
-
8 264
-
unemployment
1 556
-
2 036
-
social contributions
115
-
151
-
other
1 326
-
1 735
-
total
12 000
-
15 707
-
Corporate
15 577
66 000
-
-
income
4 361
18 481
-
-
surtax
-
-
-
-
total
4 361
18 481
-
-
Dividends
11 216
47 519
-
-
surtax
-
-
-
-
social contributions
1 930
8 173
-
-
withholding
1 435
6 083
-
-
total
3 365
14 256
-
-
Income
66 000
66 000
66 000
66 000
Total tax
27 149
32 737
26 242
26 635
After tax
38 851
33 263
39 758
39 365
Living cost
31 001
31 001
31 001
31 001
Free-cash
7 850
2 262
8 757
8 364

Estimated living cost  is ₽31001 per week

₽17979
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3149
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽588
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9285
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽18939
₽17934
₽21058
₽19459
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
9 900
social contributions
-
-
-
9 108
health
-
-
-
4 607
total
-
-
-
23 615
Employee
34 101
-
66 000
-
social contributions
4 707
-
9 108
-
income
5 688
-
13 024
-
health
2 380
-
4 607
-
total
12 775
-
26 739
-
Employer
34 101
-
66 000
-
total
-
-
-
-
Corporate
31 899
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%.

1 596
3 300
-
-
total
1 596
3 300
-
-
Dividends
30 304
62 700
-
-
social contributions
4 182
8 652
-
-
withholding
4 546
9 406
-
-
health
2 115
4 376
-
-
total
10 843
22 434
-
-
Income
66 000
66 000
66 000
66 000
Total tax
25 214
25 734
26 739
23 615
After tax
40 786
40 266
39 261
42 385
Living cost
21 327
21 327
21 327
21 327
Free-cash
19 459
18 939
17 934
21 058

Estimated living cost  is ₽21327 per week

₽14272
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1315
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽491
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5247
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽2143
-₽11377
₽458
₽89
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
6 216
surtax
-
-
-
198
unemployment
-
-
-
6 169
chamber of commerce
-
-
-
263
health
-
-
-
5 048
pensions
-
-
-
12 209
total
-
-
-
30 103
Employee
50 263
40 080
51 096
-
other
502
401
512
-
unemployment
1 508
1 202
1 533
-
pensions
5 147
4 103
5 231
-
income
5 722
2 956
5 961
-
health
1 945
1 552
1 977
-
total
14 824
10 214
15 214
-
Employer
50 263
40 080
51 096
-
chamber of commerce
200
160
204
-
health
1 899
1 515
1 931
-
pensions
6 308
5 031
6 413
-
accident
653
521
664
-
unemployment
1 508
1 202
1 533
-
surtax
198
198
198
-
payroll
1 508
1 202
1 533
-
other
2 388
1 903
2 428
-
total
14 662
11 732
14 904
-
Corporate
3 817
14 185
47 279
-
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.

954
3 546
11 820
-
total
954
3 546
11 820
-
Dividends
121
10 639
-
-
withholding
32
2 926
-
-
total
32
2 926
-
-
Income
66 000
66 000
66 000
66 000
Total tax
30 472
28 418
41 938
30 103
After tax
35 528
37 582
24 062
35 897
Living cost
35 439
35 439
35 439
35 439
Free-cash
89
2 143
-11 377
458

Estimated living cost  is ₽35439 per week

₽23636
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3023
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽582
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8197
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽471
-₽8880
-₽2435
-₽26884
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
communal

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

-
-
-
3 455
social contributions
-
-
-
8 428
national
-
-
-
19 881
total
-
-
-
31 764
Employee

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

71 942
-
51 119
-
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.

626
-
445
-
communal

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

3 752
-
2 666
-
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.

5 396
-
3 834
-
national
22 118
-
13 981
-
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.

3 380
-
2 403
-
total
35 272
-
23 329
-
Employer

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

71 942
-
51 119
-
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.

4 424
-
3 143
-
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.

6 375
-
4 529
-
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.

935
-
664
-
unemployment

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

1 050
-
746
-
surtax
8 157
-
5 798
-
total
20 941
-
14 880
-
Corporate
-
66 000
-
-
income
-
13 200
-
-
surtax
-
263
-
-
total
-
13 463
-
-
Dividends
-
52 537
-
-
withholding

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

-
15 395
-
-
total
-
15 395
-
-
Income
66 000
66 000
66 000
66 000
Total tax
56 213
28 858
38 209
31 764
After tax
9 787
37 142
27 791
34 236
Living cost
36 671
36 671
36 671
36 671
Free-cash
-26 884
471
-8 880
-2 435

Estimated living cost  is ₽36671 per week

₽23621
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3206
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽574
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9270
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽8225
-₽11
-₽482
-₽23
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
594
income
-
-
-
10 359
other
-
-
-
67
unemployment
-
-
-
462
pensions
-
-
-
18 678
total
-
-
-
30 160
Employee
50 064
-
50 048
-
other
50
-
50
-
unemployment
777
-
775
-
pensions
2 353
-
2 351
-
income
10 563
-
10 561
-
total
13 743
-
13 737
-
Employer
50 064
-
50 048
-
pensions
11 814
-
11 810
-
accident
991
-
991
-
unemployment
2 754
-
2 752
-
other
399
-
399
-
total
15 958
-
15 952
-
Corporate
-
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.

-
9 900
-
-
total
-
9 900
-
-
Dividends
-
56 100
-
-
withholding
-
11 553
-
-
total
-
11 553
-
-
Income
66 000
66 000
66 000
66 000
Total tax
29 701
21 453
29 689
30 160
After tax
36 299
44 547
36 311
35 840
Living cost
36 322
36 322
36 322
36 322
Free-cash
-23
8 225
-11
-482

Estimated living cost  is ₽36322 per week

₽26747
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2577
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽523
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6474
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽13451
-₽10443
-₽11713
-₽19263
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
communal
-
-
-
-
accident
-
-
-
594
income
-
-
-
3 459
surtax
-
-
-
3 493
health
-
-
-
4 951
pensions
-
-
-
10 560
total
-
-
-
23 057
Employee
76 164
-
58 955
-
pensions
6 092
-
4 716
-
surtax
4 668
-
3 613
-
income
7 357
-
3 791
-
health
3 390
-
2 622
-
total
21 507
-
14 742
-
Employer
76 164
-
58 955
-
health
2 323
-
1 798
-
pensions
6 092
-
4 716
-
accident
685
-
531
-
total
9 100
-
7 045
-
Corporate
-
66 000
-
-
communal
-
4 455
-
-
income
-
9 900
-
-
surtax
-
693
-
-
total
-
15 048
-
-
Dividends
-
50 953
-
-
income
-
2 105
-
-
withholding
-
7 642
-
-
total
-
9 747
-
-
Income
66 000
66 000
66 000
66 000
Total tax
30 607
24 795
21 787
23 057
After tax
35 393
41 205
44 213
42 943
Living cost
54 656
54 656
54 656
54 656
Free-cash
-19 263
-13 451
-10 443
-11 713

Estimated living cost  is ₽54656 per week

₽41000
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3311
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽578
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9764
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽18925
₽12585
₽14023
₽15723
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
10 451
other
-
-
-
-
surtax
-
-
-
821
unemployment
-
-
-
229
health
-
-
-
4 686
pensions
-
-
-
13 200
total
-
-
-
29 387
Employee
33 870
-
54 524
-
other
-
-
-
-
unemployment
2 357
-
3 794
-
pensions
2 260
-
3 636
-
surtax
120
-
712
-
income
5 678
-
9 818
-
health
865
-
1 389
-
total
11 280
-
19 349
-
Employer
33 870
-
54 524
-
health
1 540
-
2 479
-
pensions
4 516
-
7 268
-
unemployment
1 075
-
1 729
-
other
-
-
-
-
total
7 131
-
11 476
-
Corporate
24 999
66 000
-
-
income
6 501
17 160
-
-
total
6 501
17 160
-
-
Dividends
18 499
48 840
-
-
withholding
2 775
7 325
-
-
total
2 775
7 325
-
-
Income
66 000
66 000
66 000
66 000
Total tax
27 687
24 485
30 825
29 387
After tax
38 313
41 515
35 175
36 613
Living cost
22 590
22 590
22 590
22 590
Free-cash
15 723
18 925
12 585
14 023

Estimated living cost  is ₽22590 per week

₽13639
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1964
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6464
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽7599
₽4749
₽8455
₽5363
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
16 975
regional
-
-
-
995
municipal
-
-
-
391
national
-
-
-
12 091
total
-
-
-
30 452
Employee
55 790
-
66 000
-
municipal
296
-
349
-
national
8 839
-
10 665
-
regional
751
-
888
-
social contributions
18 813
-
22 256
-
total
28 699
-
34 158
-
Employer
55 790
-
66 000
-
total
-
-
-
-
Corporate
10 210
66 000
-
-
municipal
508
3 281
-
-
nationa
2 451
15 839
-
-
total
2 959
19 120
-
-
Dividends
7 251
46 880
-
-
withholding
1 886
12 188
-
-
total
1 886
12 188
-
-
Income
66 000
66 000
66 000
66 000
Total tax
33 544
31 308
34 158
30 452
After tax
32 456
34 692
31 842
35 548
Living cost
27 093
27 093
27 093
27 093
Free-cash
5 363
7 599
4 749
8 455

Estimated living cost  is ₽27093 per week

₽16849
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2745
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽464
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7035
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽14643
₽2695
₽1347
₽3656
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
5 673
social contributions
-
-
-
19 272
solidarity contribution
-
-
-
-
health
-
-
-
8 910
total
-
-
-
33 855
Employee
45 291
-
49 254
-
solidarity contribution
-
-
-
-
social contributions
2 944
-
3 202
-
income
5 435
-
5 910
-
health
6 114
-
6 649
-
total
14 493
-
15 761
-
Employer
45 291
-
49 254
-
health
4 076
-
4 433
-
social contributions
11 323
-
12 313
-
total
15 399
-
16 746
-
Corporate
5 310
66 000
-
-
income
1 009
12 540
-
-
total
1 009
12 540
-
-
Dividends
4 301
53 460
-
-
withholding
645
8 019
-
-
total
645
8 019
-
-
Income
66 000
66 000
66 000
66 000
Total tax
31 546
20 559
32 507
33 855
After tax
34 454
45 441
33 493
32 145
Living cost
30 798
30 798
30 798
30 798
Free-cash
3 656
14 643
2 695
1 347

Estimated living cost  is ₽30798 per week

₽22903
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1706
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽533
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5656
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽5603
-₽7980
₽4008
₽5102
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
6 216
surtax
-
-
-
-
unemployment
-
-
-
6 169
chamber of commerce
-
-
-
263
health
-
-
-
5 048
pensions
-
-
-
12 209
total
-
-
-
29 905
Employee
43 964
40 080
51 250
-
other
439
401
513
-
unemployment
1 319
1 202
1 538
-
pensions
4 502
4 103
5 249
-
income
3 916
2 956
6 004
-
health
1 701
1 552
1 983
-
total
11 877
10 214
15 287
-
Employer
43 964
40 080
51 250
-
chamber of commerce
176
160
204
-
health
1 662
1 515
1 937
-
pensions
5 518
5 031
6 432
-
accident
571
521
666
-
unemployment
1 319
1 202
1 538
-
surtax
-
-
-
-
payroll
1 319
1 202
1 538
-
other
2 088
1 903
2 433
-
total
12 653
11 534
14 748
-
Corporate
9 384
14 384
47 433
-
income

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

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

2 346
3 596
11 858
-
total
2 346
3 596
11 858
-
Dividends
7 038
10 788
-
-
withholding
1 935
2 966
-
-
total
1 935
2 966
-
-
Income
66 000
66 000
66 000
66 000
Total tax
28 811
28 310
41 893
29 905
After tax
37 189
37 690
24 107
36 095
Living cost
32 087
32 087
32 087
32 087
Free-cash
5 102
5 603
-7 980
4 008

Estimated living cost  is ₽32087 per week

₽19248
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3277
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽573
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8989
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽50016
₽40116
₽52656
₽47638
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
15 855
-
66 000
-
income
3 171
-
13 200
-
total
3 171
-
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%.

50 145
66 000
-
-
total
-
-
-
-
Dividends
50 145
66 000
-
-
withholding
2 507
3 300
-
-
total
2 507
3 300
-
-
Income
66 000
66 000
66 000
66 000
Total tax
5 678
3 300
13 200
660
After tax
60 322
62 700
52 800
65 340
Living cost
12 684
12 684
12 684
12 684
Free-cash
47 638
50 016
40 116
52 656

Estimated living cost  is ₽12684 per week

₽8583
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽532
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽425
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3142
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽18465
₽6795
₽8686
₽10052
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
11 691
unemployment
-
-
-
99
health
-
-
-
6 495
pensions
-
-
-
12 053
total
-
-
-
30 338
Employee

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

44 474
-
57 108
-
unemployment
63
-
80
-
pensions
6 894
-
8 852
-
income
7 670
-
10 716
-
health
2 872
-
3 689
-
total
17 499
-
23 337
-
Employer

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

44 474
-
57 108
-
health
2 962
-
3 804
-
pensions
3 936
-
5 054
-
unemployment
27
-
34
-
total
6 925
-
8 892
-
Corporate
14 601
66 000
-
-
income
2 775
12 539
-
-
total
2 775
12 539
-
-
Dividends
11 826
53 461
-
-
withholding
1 773
8 020
-
-
total
1 773
8 020
-
-
Income
66 000
66 000
66 000
66 000
Total tax
28 972
20 559
32 229
30 338
After tax
37 028
45 441
33 771
35 662
Living cost
26 976
26 976
26 976
26 976
Free-cash
10 052
18 465
6 795
8 686

Estimated living cost  is ₽26976 per week

₽18513
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1729
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽523
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6212
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽3849
₽8581
₽1608
-₽86057
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
12 865
social contributions
-
-
-
7 524
total
-
-
-
20 389
Employee
63 094
-
-
-
social contributions
5 174
-
737
-
income
13 917
-
-
-
total
19 091
-
737
-
Employer
63 094
-
-
-
social contributions
88 963
-
12 679
-
total
88 963
-
12 679
-
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
108 054
25 846
13 416
20 389
After tax
-42 054
40 154
52 584
45 611
Living cost
44 003
44 003
44 003
44 003
Free-cash
-86 057
-3 849
8 581
1 608

Estimated living cost  is ₽44003 per week

₽28551
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4138
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽561
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10753
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽5994
₽4093
₽6220
₽4980
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
5 297
surtax
-
-
-
-
social contributions

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

-
-
-
22 936
total
-
-
-
28 233
Employee
46 257
-
53 333
-
surtax
-
-
-
-
social contributions
5 088
-
5 867
-
income
9 622
-
11 826
-
total
14 710
-
17 693
-
Employer
46 257
-
53 333
-
social contributions
10 986
-
12 667
-
total
10 986
-
12 667
-
Corporate
8 758
66 000
-
-
income
1 840
13 860
-
-
surtax
-
-
-
-
total
1 840
13 860
-
-
Dividends
6 918
52 140
-
-
withholding
1 937
14 599
-
-
total
1 937
14 599
-
-
Income
66 000
66 000
66 000
66 000
Total tax
29 473
28 459
30 360
28 233
After tax
36 527
37 541
35 640
37 767
Living cost
31 547
31 547
31 547
31 547
Free-cash
4 980
5 994
4 093
6 220

Estimated living cost  is ₽31547 per week

₽23604
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1861
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽527
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5556
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽15313
-₽8818
-₽9211
-₽16665
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 365
other
-
-
-
2 046
surtax
-
-
-
-
social contributions
-
-
-
1 880
health
-
-
-
571
pensions
-
-
-
18 773
total
-
-
-
26 635
Employee
62 992
-
50 292
-
pensions
7 125
-
5 688
-
surtax
-
-
-
-
social contributions
1 794
-
1 431
-
income
5 496
-
3 416
-
total
14 415
-
10 535
-
Employer
62 992
-
50 292
-
health
4 409
-
3 521
-
pensions
10 350
-
8 264
-
unemployment
2 552
-
2 036
-
social contributions
189
-
151
-
other
2 174
-
1 735
-
total
19 674
-
15 707
-
Corporate
-
66 000
-
-
income
-
18 481
-
-
surtax
-
-
-
-
total
-
18 481
-
-
Dividends
-
47 519
-
-
surtax
-
-
-
-
social contributions
-
8 173
-
-
withholding
-
6 083
-
-
total
-
14 256
-
-
Income
66 000
66 000
66 000
66 000
Total tax
34 089
32 737
26 242
26 635
After tax
31 911
33 263
39 758
39 365
Living cost
48 576
48 576
48 576
48 576
Free-cash
-16 665
-15 313
-8 818
-9 211

Estimated living cost  is ₽48576 per week

₽32876
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3974
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽666
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11060
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽29168
₽22814
₽20963
₽25790
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
284
social contributions
-
-
-
14 521
total
-
-
-
14 805
Employee
32 334
-
57 142
-
income
-
-
382
-
social contributions
2 101
-
3 714
-
total
2 101
-
4 096
-
Employer
32 334
-
57 142
-
social contributions
5 012
-
8 858
-
total
5 012
-
8 858
-
Corporate
28 654
66 000
-
-
income
2 865
6 600
-
-
total
2 865
6 600
-
-
Dividends
25 790
59 400
-
-
total
-
-
-
-
Income
66 000
66 000
66 000
66 000
Total tax
9 978
6 600
12 954
14 805
After tax
56 022
59 400
53 046
51 195
Living cost
30 232
30 232
30 232
30 232
Free-cash
25 790
29 168
22 814
20 963

Estimated living cost  is ₽30232 per week

₽19548
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2279
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.
₽7837
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽153026
-₽153026
-₽6104
-₽153026
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
5 210
municipal
-
-
-
11 136
national
-
-
-
6 473
pensions
-
-
-
871
total
-
-
-
23 690
Employee
204 345
204 345
204 345
-
municipal
43 514
43 514
43 514
-
labour market
16 324
16 324
16 324
-
pensions
290
290
290
-
national
24 964
24 964
24 964
-
total
85 092
85 092
85 092
-
Employer
204 345
204 345
204 345
-
national
25 008
25 008
25 008
-
labour market
16 348
16 348
16 348
-
pensions
581
581
581
-
municipal
43 583
43 583
43 583
-
total
85 520
85 520
85 520
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
66 000
66 000
66 000
66 000
Total tax
170 612
170 612
170 612
23 690
After tax
-104 612
-104 612
-104 612
42 310
Living cost
48 414
48 414
48 414
48 414
Free-cash
-153 026
-153 026
-153 026
-6 104

Estimated living cost  is ₽48414 per week

₽33135
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4283
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽745
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10252
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽16724
₽12214
₽23457
₽1960
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
257
income
-
-
-
13 382
other
-
-
-
377
health
-
-
-
2 221
pensions
-
-
-
4 236
total
-
-
-
20 473
Employee
34 717
-
54 826
-
pensions
3 909
-
6 173
-
income
4 763
-
8 092
-
health
3 975
-
6 278
-
total
12 647
-
20 543
-
Employer
34 717
-
54 826
-
pensions
5 645
-
8 914
-
accident
580
-
916
-
unemployment
851
-
1 343
-
total
7 076
-
11 173
-
Corporate
24 207
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.

21 787
59 400
-
-
total
21 787
59 400
-
-
Dividends
2 421
6 600
-
-
withholding
460
1 254
-
-
total
460
1 254
-
-
Income
66 000
66 000
66 000
66 000
Total tax
41 970
60 654
31 716
20 473
After tax
24 030
5 346
34 284
45 527
Living cost
22 070
22 070
22 070
22 070
Free-cash
1 960
-16 724
12 214
23 457

Estimated living cost  is ₽22070 per week

₽16064
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1258
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽414
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4333
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽6697
₽1775
₽11420
₽2146
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
597
municipal
-
-
-
11 772
national
-
-
-
3 598
total
-
-
-
15 967
Employee
52 914
-
55 524
-
municipal
8 667
-
9 091
-
unemployment
794
-
832
-
pensions
3 571
-
3 748
-
national
874
-
1 029
-
health
395
-
435
-
total
14 301
-
15 135
-
Employer
52 914
-
55 524
-
health
407
-
428
-
pensions
9 180
-
9 633
-
accident
53
-
55
-
unemployment
344
-
361
-
total
9 984
-
10 477
-
Corporate
3 102
66 000
-
-
income
620
13 200
-
-
total
620
13 200
-
-
Dividends

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

1 861
39 600
-
-
municipal
336
7 129
-
-
national
-
361
-
-
total
336
7 490
-
-
Income
66 000
66 000
66 000
66 000
Total tax
25 241
20 690
25 612
15 967
After tax
40 759
45 310
40 388
50 033
Living cost
38 613
38 613
38 613
38 613
Free-cash
2 146
6 697
1 775
11 420

Estimated living cost  is ₽38613 per week

₽25222
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3714
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽615
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9064
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽19971
₽22958
₽27344
₽19750
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 390
social contributions
-
-
-
10 297
health
-
-
-
1 683
total
-
-
-
15 370
Employee
77 337
77 337
77 337
-
social contributions
2 924
6 419
4 974
-
income
8 421
7 159
7 680
-
health
599
1 315
1 019
-
total
11 944
14 893
13 673
-
Employer
77 337
77 337
77 337
-
health
651
1 431
1 109
-
social contributions
2 924
6 419
4 974
-
total
3 575
7 850
6 083
-
Corporate
27 195
-
-
-
income
3 399
-
-
-
total
3 399
-
-
-
Dividends
23 796
-
-
-
withholding
4 046
-
-
-
total
4 046
-
-
-
Income
66 000
66 000
66 000
66 000
Total tax
22 964
22 743
19 756
15 370
After tax
43 036
43 257
46 244
50 630
Living cost
23 286
23 286
23 286
23 286
Free-cash
19 750
19 971
22 958
27 344

Estimated living cost  is ₽23286 per week

₽13956
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2285
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽515
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6531
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Larnaca model

Close
Podgorica , Montenegro
₽38687
₽24859
₽34168
₽33569
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
5 797
unemployment
-
-
-
29
health
-
-
-
3 640
pensions
-
-
-
6 398
total
-
-
-
15 864
Employee

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

23 085
-
59 837
-
unemployment
115
-
300
-
pensions
3 462
-
8 976
-
income
1 578
-
4 648
-
health
1 962
-
5 086
-
total
7 117
-
19 010
-
Employer

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

23 085
-
59 837
-
health
992
-
2 573
-
pensions
1 269
-
3 290
-
unemployment
115
-
300
-
total
2 376
-
6 163
-
Corporate
40 538
66 000
-
-
income
3 649
5 940
-
-
total
3 649
5 940
-
-
Dividends
36 889
60 060
-
-
withholding
3 321
5 405
-
-
total
3 321
5 405
-
-
Income
66 000
66 000
66 000
66 000
Total tax
16 463
11 345
25 173
15 864
After tax
49 537
54 655
40 827
50 136
Living cost
15 968
15 968
15 968
15 968
Free-cash
33 569
38 687
24 859
34 168

Estimated living cost  is ₽15968 per week

₽10188
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1151
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽475
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4153
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽16890
₽8654
₽8183
₽11614
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
594
income
-
-
-
10 359
other
-
-
-
67
unemployment
-
-
-
462
pensions
-
-
-
18 678
total
-
-
-
30 160
Employee
37 188
-
50 048
-
other
36
-
50
-
unemployment
576
-
775
-
pensions
1 748
-
2 351
-
income
7 170
-
10 561
-
total
9 530
-
13 737
-
Employer
37 188
-
50 048
-
pensions
8 776
-
11 810
-
accident
737
-
991
-
unemployment
2 046
-
2 752
-
other
298
-
399
-
total
11 857
-
15 952
-
Corporate
16 955
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.

2 544
9 900
-
-
total
2 544
9 900
-
-
Dividends
14 411
56 100
-
-
withholding
2 798
11 553
-
-
total
2 798
11 553
-
-
Income
66 000
66 000
66 000
66 000
Total tax
26 729
21 453
29 689
30 160
After tax
39 271
44 547
36 311
35 840
Living cost
27 657
27 657
27 657
27 657
Free-cash
11 614
16 890
8 654
8 183

Estimated living cost  is ₽27657 per week

₽18668
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2659
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.
₽5846
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽39225
₽39651
₽39790
₽38904
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
21 786
health
-
-
-
1 036
pensions
-
-
-
1 429
total
-
-
-
24 251
Employee
2 983
-
64 393
-
unemployment
30
-
71
-
pensions
268
-
643
-
income
577
-
21 711
-
health
149
-
357
-
total
1 024
-
22 782
-
Employer
2 983
-
64 393
-
health
283
-
679
-
pensions
328
-
786
-
unemployment
60
-
143
-
total
671
-
1 608
-
Corporate
62 346
66 000
-
-
income
13 716
14 520
-
-
total
13 716
14 520
-
-
Dividends
48 630
51 480
-
-
withholding
9 726
10 296
-
-
total
9 726
10 296
-
-
Income
66 000
66 000
66 000
66 000
Total tax
25 137
24 816
24 390
24 251
After tax
40 863
41 184
41 610
41 749
Living cost
1 959
1 959
1 959
1 959
Free-cash
38 904
39 225
39 651
39 790

Estimated living cost  is ₽1959 per week

₽1164
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽159
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽45
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽591
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽30292
₽17848
₽15033
₽25343
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
8 626
unemployment
-
-
-
990
health
-
-
-
6 798
pensions
-
-
-
17 160
total
-
-
-
33 574
Employee

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

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

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

26 227
-
55 980
-
unemployment
197
-
420
-
pensions
3 672
-
7 837
-
income
3 615
-
9 598
-
health
1 351
-
2 883
-
total
8 835
-
20 738
-
Employer

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

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

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

26 227
-
55 980
-
health
1 351
-
2 883
-
pensions
3 147
-
6 718
-
unemployment
197
-
420
-
total
4 695
-
10 021
-
Corporate
35 078
66 000
-
-
income
5 262
9 900
-
-
total
5 262
9 900
-
-
Dividends
29 816
56 100
-
-
withholding
4 472
8 415
-
-
total
4 472
8 415
-
-
Income
66 000
66 000
66 000
66 000
Total tax
23 264
18 315
30 759
33 574
After tax
42 736
47 685
35 241
32 426
Living cost
17 393
17 393
17 393
17 393
Free-cash
25 343
30 292
17 848
15 033

Estimated living cost  is ₽17393 per week

₽11711
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1345
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽503
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3834
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽10427
₽8526
₽10653
₽10064
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
5 297
surtax
-
-
-
-
social contributions

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

-
-
-
22 936
total
-
-
-
28 233
Employee
39 035
-
53 333
-
surtax
-
-
-
-
social contributions
4 294
-
5 867
-
income
7 627
-
11 826
-
total
11 921
-
17 693
-
Employer
39 035
-
53 333
-
social contributions
9 270
-
12 667
-
total
9 270
-
12 667
-
Corporate
17 695
66 000
-
-
income
3 716
13 860
-
-
surtax
-
-
-
-
total
3 716
13 860
-
-
Dividends
13 979
52 140
-
-
withholding
3 915
14 599
-
-
total
3 915
14 599
-
-
Income
66 000
66 000
66 000
66 000
Total tax
28 822
28 459
30 360
28 233
After tax
37 178
37 541
35 640
37 767
Living cost
27 114
27 114
27 114
27 114
Free-cash
10 064
10 427
8 526
10 653

Estimated living cost  is ₽27114 per week

₽19204
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1884
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.
₽5546
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽9201
₽965
₽494
₽1335
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
594
income
-
-
-
10 359
other
-
-
-
67
unemployment
-
-
-
462
pensions
-
-
-
18 678
total
-
-
-
30 160
Employee
48 573
-
50 048
-
other
48
-
50
-
unemployment
752
-
775
-
pensions
2 283
-
2 351
-
income
10 145
-
10 561
-
total
13 228
-
13 737
-
Employer
48 573
-
50 048
-
pensions
11 463
-
11 810
-
accident
962
-
991
-
unemployment
2 672
-
2 752
-
other
389
-
399
-
total
15 486
-
15 952
-
Corporate
1 941
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.

292
9 900
-
-
total
292
9 900
-
-
Dividends
1 649
56 100
-
-
withholding
313
11 553
-
-
total
313
11 553
-
-
Income
66 000
66 000
66 000
66 000
Total tax
29 319
21 453
29 689
30 160
After tax
36 681
44 547
36 311
35 840
Living cost
35 346
35 346
35 346
35 346
Free-cash
1 335
9 201
965
494

Estimated living cost  is ₽35346 per week

₽25384
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2748
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽498
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6716
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽39105
₽30769
₽29382
₽32968
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
9 900
unemployment
-
-
-
141
health
-
-
-
4 046
pensions

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

-
-
-
5 206
total
-
-
-
19 293
Employee
22 941
-
59 098
-
accident

We are using the highest rate at 1.1%.

252
-
387
-
pensions

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

2 014
-
3 089
-
income
2 294
-
5 910
-
health
1 055
-
1 618
-
total
5 615
-
11 004
-
Employer
22 941
-
59 098
-
health
1 583
-
2 427
-
pensions

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

2 528
-
3 877
-
accident

We are using the highest rate at 1.1%.

252
-
387
-
unemployment
138
-
211
-
total
4 501
-
6 902
-
Corporate
38 558
66 000
-
-
income
3 856
6 600
-
-
total
3 856
6 600
-
-
Dividends
34 702
59 400
-
-
withholding
1 735
2 970
-
-
total
1 735
2 970
-
-
Income
66 000
66 000
66 000
66 000
Total tax
15 707
9 570
17 906
19 293
After tax
50 293
56 430
48 094
46 707
Living cost
17 325
17 325
17 325
17 325
Free-cash
32 968
39 105
30 769
29 382

Estimated living cost  is ₽17325 per week

₽11459
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽992
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽413
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4462
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽4679
₽11009
₽8247
₽8478
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income

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

-
-
-
8 806
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.

-
-
-
485
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.

-
-
-
6 871
trade
-
-
-
2 762
total
-
-
-
18 924
Employee

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

50 042
-
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.

227
-
485
-
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.

4 115
-
8 806
-
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.

6 871
-
6 871
-
total
11 213
-
16 162
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
15 958
66 000
-
-
income
2 393
9 900
-
-
surtax

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

132
544
-
-
chamber of commerce
176
250
-
-
trade
2 290
9 470
-
-
total
4 991
20 164
-
-
Dividends
10 967
45 836
-
-
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.

130
609
-
-
withholding
2 359
11 077
-
-
total
2 489
11 686
-
-
Income
66 000
66 000
66 000
66 000
Total tax
18 693
31 850
16 162
18 924
After tax
47 307
34 150
49 838
47 076
Living cost
38 829
38 829
38 829
38 829
Free-cash
8 478
-4 679
11 009
8 247

Estimated living cost  is ₽38829 per week

₽26785
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4178
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽563
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7302
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽11092
-₽6484
-₽6484
-₽12673
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
10 051
social contributions
-
-
-
5 141
total
-
-
-
15 192
Employee
78 672
-
66 000
-
income
14 845
-
10 051
-
social contributions
6 536
-
5 141
-
total
21 381
-
15 192
-
Employer
78 672
-
66 000
-
total
-
-
-
-
Corporate
-
66 000
-
-
income
-
8 251
-
-
total
-
8 251
-
-
Dividends
-
57 749
-
-
withholding
-
11 549
-
-
total
-
11 549
-
-
Income
66 000
66 000
66 000
66 000
Total tax
21 381
19 800
15 192
15 192
After tax
44 619
46 200
50 808
50 808
Living cost
57 292
57 292
57 292
57 292
Free-cash
-12 673
-11 092
-6 484
-6 484

Estimated living cost  is ₽57292 per week

₽43587
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4668
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.
₽8489
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽1077
₽11425
-₽5215
₽6902
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
28 629
health

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

-
-
-
6 077
total
-
-
-
34 706
Employee
46 138
-
61 374
-
income
5 006
-
8 814
-
social contributions
4 623
-
4 626
-
total
9 629
-
13 440
-
Employer
46 138
-
61 374
-
social contributions
4 623
-
4 626
-
total
4 623
-
4 626
-
Corporate
15 240
66 000
-
-
income
5 335
23 100
-
-
total
5 335
23 100
-
-
Dividends
9 905
42 900
-
-
social contributions
3 002
5 314
-
-
total
3 002
5 314
-
-
Income
66 000
66 000
66 000
66 000
Total tax
22 589
28 414
18 066
34 706
After tax
43 411
37 586
47 934
31 294
Living cost
36 509
36 509
36 509
36 509
Free-cash
6 902
1 077
11 425
-5 215

Estimated living cost  is ₽36509 per week

₽24048
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2878
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽559
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9022
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽12317
₽5296
₽12251
₽6676
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
12 345
pensions
-
-
-
4 271
total
-
-
-
16 616
Employee
50 971
-
58 675
-
pensions
3 890
-
4 815
-
income
9 282
-
10 608
-
health
665
-
823
-
total
13 837
-
16 246
-
Employer
50 971
-
58 675
-
health
969
-
1 114
-
pensions
5 150
-
6 211
-
total
6 119
-
7 325
-
Corporate
8 911
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.

1 693
12 541
-
-
total
1 693
12 541
-
-
Dividends
7 218
53 459
-
-
withholding
542
4 009
-
-
total
542
4 009
-
-
Income
66 000
66 000
66 000
66 000
Total tax
22 191
16 550
23 571
16 616
After tax
43 809
49 450
42 429
49 384
Living cost
37 133
37 133
37 133
37 133
Free-cash
6 676
12 317
5 296
12 251

Estimated living cost  is ₽37133 per week

₽25473
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3415
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽465
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7778
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽18909
₽10029
₽21272
₽1626
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
257
income
-
-
-
13 382
other
-
-
-
377
health
-
-
-
2 221
pensions
-
-
-
4 236
total
-
-
-
20 473
Employee
38 154
-
54 826
-
pensions
4 296
-
6 173
-
income
5 234
-
8 092
-
health
4 368
-
6 278
-
total
13 898
-
20 543
-
Employer
38 154
-
54 826
-
pensions
6 204
-
8 914
-
accident
637
-
916
-
unemployment
935
-
1 343
-
total
7 776
-
11 173
-
Corporate
20 071
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.

18 064
59 400
-
-
total
18 064
59 400
-
-
Dividends
2 007
6 600
-
-
withholding
381
1 254
-
-
total
381
1 254
-
-
Income
66 000
66 000
66 000
66 000
Total tax
40 119
60 654
31 716
20 473
After tax
25 881
5 346
34 284
45 527
Living cost
24 255
24 255
24 255
24 255
Free-cash
1 626
-18 909
10 029
21 272

Estimated living cost  is ₽24255 per week

₽17800
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1413
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽489
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4552
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽42511
₽25061
₽25061
₽37619
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
9 200
unemployment
-
-
-
792
work injury
-
-
-
330
health insurance
-
-
-
4 884
pensions
-
-
-
12 144
total
-
-
-
27 350
Employee

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

21 742
-
66 000
-
health insurance
1 609
-
4 884
-
unemployment
261
-
792
-
work injury
109
-
330
-
pensions
4 000
-
12 144
-
income
2 174
-
9 200
-
total
8 153
-
27 350
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
44 258
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
44 258
66 000
-
-
withholding
6 639
9 900
-
-
total
6 639
9 900
-
-
Income
66 000
66 000
66 000
66 000
Total tax
14 792
9 900
27 350
27 350
After tax
51 208
56 100
38 650
38 650
Living cost
13 589
13 589
13 589
13 589
Free-cash
37 619
42 511
25 061
25 061

Estimated living cost  is ₽13589 per week

₽8418
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽987
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽424
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3759
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽5303
-₽8289
-₽4627
-₽18752
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
16 975
regional
-
-
-
1 053
municipal
-
-
-
441
national
-
-
-
12 091
total
-
-
-
30 560
Employee
84 751
-
66 000
-
municipal
506
-
393
-
national
14 322
-
10 665
-
regional
1 280
-
908
-
social contributions
28 577
-
22 256
-
total
44 685
-
34 222
-
Employer
84 751
-
66 000
-
total
-
-
-
-
Corporate
-
66 000
-
-
municipal
-
3 182
-
-
nationa
-
15 839
-
-
total
-
19 021
-
-
Dividends
-
46 979
-
-
withholding
-
12 215
-
-
total
-
12 215
-
-
Income
66 000
66 000
66 000
66 000
Total tax
44 685
31 236
34 222
30 560
After tax
21 315
34 764
31 778
35 440
Living cost
40 067
40 067
40 067
40 067
Free-cash
-18 752
-5 303
-8 289
-4 627

Estimated living cost  is ₽40067 per week

₽28144
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2756
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽605
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8560
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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