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
₽17497
₽5037
₽15412
₽21024
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
3 527
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.

-
-
-
6 409
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.

-
-
-
529
income

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

-
-
-
9 624
total
-
-
-
20 089
Employee

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

35 880
-
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.

55
-
529
-
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.

1 002
-
9 624
-
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.

6 409
-
6 409
-
total
7 466
-
16 562
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
30 120
66 000
-
-
trade
4 744
10 394
-
-
income
4 518
9 900
-
-
chamber of commerce
185
237
-
-
surtax

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

249
545
-
-
total
9 696
21 076
-
-
Dividends
20 424
44 925
-
-
withholding
4 750
10 875
-
-
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.

262
598
-
-
total
5 012
11 473
-
-
Income
66 000
66 000
66 000
66 000
Total tax
22 174
32 549
16 562
20 089
After tax
43 826
33 451
49 438
45 911
Living cost
28 414
28 414
28 414
28 414
Free-cash
15 412
5 037
21 024
17 497

Estimated living cost  is ₽28414 per week

₽17873
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3313
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽530
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6697
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽8823
-₽8500
-₽18009
-₽8303
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
6 475
pensions
-
-
-
7 920
social contributions
-
-
-
710
national
-
-
-
10 034
total
-
-
-
25 139
Employee
77 020
-
57 056
-
municipal
9 513
-
6 730
-
national
14 741
-
10 429
-
pensions
3 081
-
2 282
-
total
27 335
-
19 441
-
Employer
77 020
-
57 056
-
pensions
6 162
-
4 565
-
social contributions
828
-
613
-
total
6 990
-
5 178
-
Corporate
-
66 000
-
-
income

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

-
13 200
-
-
total
-
13 200
-
-
Dividends
-
52 800
-
-
withholding
-
11 616
-
-
total
-
11 616
-
-
Income
66 000
66 000
66 000
66 000
Total tax
34 325
24 816
24 619
25 139
After tax
31 675
41 184
41 381
40 861
Living cost
49 684
49 684
49 684
49 684
Free-cash
-18 009
-8 500
-8 303
-8 823

Estimated living cost  is ₽49684 per week

₽33770
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4619
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽744
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10552
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽33631
₽33284
₽25588
₽18003
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
2 953
income
-
-
-
-
microenterprise
-
-
-
9 900
total
-
-
-
12 853
Employee
27 411
-
53 186
-
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.

3 016
-
5 850
-
surtax
-
-
-
-
income
4 879
-
9 819
-
total
7 895
-
15 669
-
Employer
27 411
-
53 186
-
surtax
-
-
-
-
social contributions

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

6 603
-
12 812
-
total
6 603
-
12 812
-
Corporate
31 986
66 000
-
-
income

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

6 398
13 200
-
-
total
6 398
13 200
-
-
Dividends

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

25 588
52 800
-
-
total
-
-
-
-
Income
66 000
66 000
66 000
66 000
Total tax
20 896
13 200
28 481
12 853
After tax
45 104
52 800
37 519
53 147
Living cost
19 516
19 516
19 516
19 516
Free-cash
25 588
33 284
18 003
33 631

Estimated living cost  is ₽19516 per week

₽12451
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1859
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽443
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4764
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽1678
-₽21887
-₽27152
-₽27152
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
10 991
health
-
-
-
9 654
income
-
-
-
7 736
total
-
-
-
28 381
Employee
80 108
80 108
80 108
-
pensions
14 419
10 991
14 419
-
income

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

13 112
13 112
13 112
-
health
12 296
10 459
12 296
-
total
39 827
34 562
39 827
-
Employer
80 108
80 108
80 108
-
pensions
5 576
5 576
5 576
-
unemployment
2 884
2 884
2 884
-
health
5 568
5 568
5 568
-
total
14 028
14 028
14 028
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Income
66 000
66 000
66 000
66 000
Total tax
53 855
48 590
53 855
28 381
After tax
12 145
17 410
12 145
37 619
Living cost
39 297
39 297
39 297
39 297
Free-cash
-27 152
-21 887
-27 152
-1 678

Estimated living cost  is ₽39297 per week

₽27849
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3543
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽625
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7281
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽5720
-₽2584
-₽6321
-₽3376
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
13 980
pensions
-
-
-
7 135
health
-
-
-
4 118
other
-
-
-
7 669
unemployment
-
-
-
66
accident
-
-
-
132
national
-
-
-
-
total
-
-
-
33 100
Employee
55 030
-
50 221
-
municipal
16 410
-
14 976
-
national
-
-
-
-
total
16 410
-
14 976
-
Employer
55 030
-
50 221
-
pensions
5 949
-
5 429
-
other
6 395
-
5 836
-
unemployment
1 453
-
1 326
-
accident
110
-
100
-
health
3 384
-
3 089
-
total
17 291
-
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
33 701
29 964
30 756
33 100
After tax
32 299
36 036
35 244
32 900
Living cost
38 620
38 620
38 620
38 620
Free-cash
-6 321
-2 584
-3 376
-5 720

Estimated living cost  is ₽38620 per week

₽25596
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3790
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.
₽8648
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Stockholm model

Close
Hamburg , Germany
₽8904
-₽3741
₽9439
₽12586
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
3 683
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.

-
-
-
6 409
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.

-
-
-
529
income

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

-
-
-
9 624
total
-
-
-
20 245
Employee

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

47 572
-
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.

224
-
529
-
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.

4 087
-
9 624
-
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.

6 409
-
6 409
-
total
10 720
-
16 562
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
18 428
66 000
-
-
trade
3 032
10 857
-
-
income
2 765
9 900
-
-
chamber of commerce
169
237
-
-
surtax

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

151
545
-
-
total
6 117
21 539
-
-
Dividends
12 312
44 462
-
-
withholding
2 722
10 759
-
-
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.

150
591
-
-
total
2 872
11 350
-
-
Income
66 000
66 000
66 000
66 000
Total tax
19 709
32 889
16 562
20 245
After tax
46 291
33 111
49 438
45 755
Living cost
36 852
36 852
36 852
36 852
Free-cash
9 439
-3 741
12 586
8 904

Estimated living cost  is ₽36852 per week

₽24647
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3886
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽550
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7769
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽19524
₽14361
₽14156
₽16457
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
66 000
health
-
-
-
1 682
social contributions
-
-
-
10 297
income
-
-
-
4 071
total
-
-
-
16 050
Employee
72 134
72 134
72 134
-
social contributions
3 505
5 987
4 974
-
income
7 575
6 677
7 042
-
health
717
1 227
1 018
-
total
11 797
13 891
13 034
-
Employer
72 134
72 134
72 134
-
social contributions
3 505
5 987
4 974
-
health
781
1 335
1 109
-
total
4 286
7 322
6 083
-
Corporate
19 490
-
-
-
income
2 437
-
-
-
total
2 437
-
-
-
Dividends
17 053
-
-
-
withholding
2 898
-
-
-
total
2 898
-
-
-
Income
66 000
66 000
66 000
66 000
Total tax
21 418
21 213
19 117
16 050
After tax
44 582
44 787
46 883
49 950
Living cost
30 426
30 426
30 426
30 426
Free-cash
14 156
14 361
16 457
19 524

Estimated living cost  is ₽30426 per week

₽20800
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2377
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽511
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6740
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28515
₽20079
₽20436
₽21054
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
6 600
health
-
-
-
4 620
unemployment
-
-
-
990
income
-
-
-
8 068
total
-
-
-
20 278
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.

24 838
9 885
55 230
-
pensions
2 484
989
5 523
-
unemployment
373
148
828
-
income
3 037
1 208
6 752
-
health
1 739
692
3 866
-
total
7 633
3 037
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.

24 838
9 885
55 230
-
pensions
4 844
1 928
10 770
-
total
4 844
1 928
10 770
-
Corporate
36 318
54 187
-
-
income
3 269
4 877
-
-
total
3 269
4 877
-
-
Dividends
33 049
49 310
-
-
withholding
6 279
9 369
-
-
social contributions
6 332
9 503
-
-
total
12 611
18 872
-
-
Income
66 000
66 000
66 000
66 000
Total tax
28 357
28 714
27 739
20 278
After tax
37 643
37 286
38 261
45 722
Living cost
17 207
17 207
17 207
17 207
Free-cash
20 436
20 079
21 054
28 515

Estimated living cost  is ₽17207 per week

₽11742
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1408
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽344
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3713
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽12789
₽30142
₽24314
₽15386
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
13 200
health
-
-
-
8 580
income
-
-
-
8 773
total
-
-
-
30 553
Employee
26 612
-
49 327
-
pensions
532
-
986
-
unemployment
425
-
789
-
income
2 996
-
9 510
-
total
3 953
-
11 285
-
Employer
26 612
-
49 327
-
pensions
5 323
-
9 864
-
unemployment
214
-
395
-
health
3 459
-
6 412
-
total
8 996
-
16 671
-
Corporate
30 393
66 000
-
-
income
6 079
13 200
-
-
total
6 079
13 200
-
-
Dividends
24 314
52 800
-
-
total
-
-
-
-
Income
66 000
66 000
66 000
66 000
Total tax
19 028
13 200
27 956
30 553
After tax
46 972
52 800
38 044
35 447
Living cost
22 658
22 658
22 658
22 658
Free-cash
24 314
30 142
15 386
12 789

Estimated living cost  is ₽22658 per week

₽15541
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1349
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽456
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5312
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽24546
-₽15592
₽2133
₽12987
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
3 960
health
-
-
-
2 076
other
-
-
-
353
accident
-
-
-
240
income
-
-
-
13 887
total
-
-
-
20 516
Employee
32 937
-
54 826
-
pensions
3 709
-
6 174
-
income
4 519
-
8 449
-
health
3 771
-
6 278
-
total
11 999
-
20 901
-
Employer
32 937
-
54 826
-
pensions
5 356
-
8 915
-
unemployment
807
-
1 343
-
accident
550
-
916
-
total
6 713
-
11 174
-
Corporate
26 351
66 000
-
-
income

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

23 716
59 400
-
-
total
23 716
59 400
-
-
Dividends
2 635
6 600
-
-
withholding
501
1 254
-
-
total
501
1 254
-
-
Income
66 000
66 000
66 000
66 000
Total tax
42 929
60 654
32 075
20 516
After tax
23 071
5 346
33 925
45 484
Living cost
20 938
20 938
20 938
20 938
Free-cash
2 133
-15 592
12 987
24 546

Estimated living cost  is ₽20938 per week

₽15346
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1160
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽437
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3996
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽57667
₽55027
₽53589
₽45127
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We expect you will register a microenterprise to benefit from 1% tax rate. Otherwise you will be taxed at a personal income rate of 20%.

-
-
-
66 000
microenterprise

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

-
-
-
660
total
-
-
-
660
Employee
9 591
-
66 000
-
income
1 918
-
13 200
-
total
1 918
-
13 200
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

56 409
66 000
-
-
total
-
-
-
-
Dividends
56 409
66 000
-
-
withholding
2 820
3 300
-
-
total
2 820
3 300
-
-
Income
66 000
66 000
66 000
66 000
Total tax
4 738
3 300
13 200
660
After tax
61 262
62 700
52 800
65 340
Living cost
7 673
7 673
7 673
7 673
Free-cash
53 589
55 027
45 127
57 667

Estimated living cost  is ₽7673 per week

₽4755
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽638
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽211
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2069
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽10741
₽23495
₽17159
₽13689
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
15 842
health
-
-
-
2 903
other
-
-
-
3 135
income
-
-
-
8 383
total
-
-
-
30 263
Employee
34 061
-
52 715
-
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.

2 384
-
3 689
-
unemployment
340
-
527
-
income
5 864
-
9 075
-
health
477
-
739
-
total
9 065
-
14 030
-
Employer
34 061
-
52 715
-
pensions

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

5 791
-
8 961
-
other
1 704
-
2 636
-
unemployment
340
-
527
-
accident
272
-
422
-
health
477
-
739
-
total
8 584
-
13 285
-
Corporate
23 355
66 000
-
-
income
4 904
13 860
-
-
total
4 904
13 860
-
-
Dividends
18 451
52 140
-
-
withholding
1 292
3 649
-
-
total
1 292
3 649
-
-
Income
66 000
66 000
66 000
66 000
Total tax
23 845
17 509
27 315
30 263
After tax
42 155
48 491
38 685
35 737
Living cost
24 996
24 996
24 996
24 996
Free-cash
17 159
23 495
13 689
10 741

Estimated living cost  is ₽24996 per week

₽17661
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1688
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽402
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5244
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽12586
-₽12418
-₽33532
-₽19679
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
4 395
income
-
-
-
12 322
total
-
-
-
16 717
Employee
87 535
-
58 552
-
pensions
8 445
-
4 967
-
income
15 779
-
10 547
-
health
1 442
-
848
-
total
25 666
-
16 362
-
Employer
87 535
-
58 552
-
pensions
10 335
-
6 336
-
health
1 662
-
1 112
-
total
11 997
-
7 448
-
Corporate
-
66 000
-
-
income

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

-
12 540
-
-
total
-
12 540
-
-
Dividends
-
53 460
-
-
withholding
-
4 009
-
-
total
-
4 009
-
-
Income
66 000
66 000
66 000
66 000
Total tax
37 663
16 549
23 810
16 717
After tax
28 337
49 451
42 190
49 283
Living cost
61 869
61 869
61 869
61 869
Free-cash
-33 532
-12 418
-19 679
-12 586

Estimated living cost  is ₽61869 per week

₽46359
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7269
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.
₽7738
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽35042
₽44125
₽39766
₽36559
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions

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

-
-
-
4 852
health
-
-
-
3 770
unemployment
-
-
-
131
income
-
-
-
9 900
total
-
-
-
18 653
Employee
16 294
-
59 568
-
accident

We are using the highest rate at 1.1%.

179
-
361
-
pensions

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

1 431
-
2 879
-
income
1 629
-
5 956
-
health
749
-
1 508
-
total
3 988
-
10 704
-
Employer
16 294
-
59 568
-
pensions

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

1 796
-
3 612
-
unemployment
97
-
197
-
accident

We are using the highest rate at 1.1%.

179
-
361
-
health
1 125
-
2 262
-
total
3 197
-
6 432
-
Corporate
46 509
66 000
-
-
income
4 651
6 600
-
-
total
4 651
6 600
-
-
Dividends
41 858
59 400
-
-
withholding
2 093
2 970
-
-
total
2 093
2 970
-
-
Income
66 000
66 000
66 000
66 000
Total tax
13 929
9 570
17 136
18 653
After tax
52 071
56 430
48 864
47 347
Living cost
12 305
12 305
12 305
12 305
Free-cash
39 766
44 125
36 559
35 042

Estimated living cost  is ₽12305 per week

₽7184
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽879
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽326
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3917
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽14399
-₽34608
-₽36199
-₽39873
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
10 991
health
-
-
-
9 654
income
-
-
-
7 736
total
-
-
-
28 381
Employee
86 971
80 108
80 108
-
pensions
10 991
10 991
14 419
-
income

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

13 112
13 112
13 112
-
health
10 850
10 459
12 296
-
total
34 953
34 562
39 827
-
Employer
86 971
80 108
80 108
-
pensions
6 053
5 576
5 576
-
unemployment
3 131
2 884
2 884
-
health
6 044
5 568
5 568
-
total
15 228
14 028
14 028
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Income
66 000
66 000
66 000
66 000
Total tax
50 181
48 590
53 855
28 381
After tax
15 819
17 410
12 145
37 619
Living cost
52 018
52 018
52 018
52 018
Free-cash
-36 199
-34 608
-39 873
-14 399

Estimated living cost  is ₽52018 per week

₽38372
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4646
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽596
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8404
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽8831
₽22127
₽13809
₽10180
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
66 000
health
-
-
-
8 910
social contributions
-
-
-
19 272
solidarity contribution
-
-
-
-
income
-
-
-
5 673
total
-
-
-
33 855
Employee
34 286
-
49 254
-
social contributions
2 229
-
3 201
-
income
4 114
-
5 910
-
solidarity contribution
-
-
-
-
health
4 629
-
6 649
-
total
10 972
-
15 760
-
Employer
34 286
-
49 254
-
social contributions
8 571
-
12 313
-
health
3 086
-
4 433
-
total
11 657
-
16 746
-
Corporate
20 057
66 000
-
-
income
3 811
12 540
-
-
total
3 811
12 540
-
-
Dividends
16 246
53 460
-
-
withholding
2 437
8 019
-
-
total
2 437
8 019
-
-
Income
66 000
66 000
66 000
66 000
Total tax
28 877
20 559
32 506
33 855
After tax
37 123
45 441
33 494
32 145
Living cost
23 314
23 314
23 314
23 314
Free-cash
13 809
22 127
10 180
8 831

Estimated living cost  is ₽23314 per week

₽16194
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1659
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽459
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5003
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽3801
-₽4369
-₽17370
-₽7530
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
392
regional
-
-
-
681
social contributions
-
-
-
16 976
national
-
-
-
12 169
total
-
-
-
30 218
Employee
83 370
-
66 000
-
social contributions
28 113
-
22 256
-
municipal
441
-
351
-
regional
787
-
597
-
national
14 446
-
10 743
-
total
43 787
-
33 947
-
Employer
83 370
-
66 000
-
total
-
-
-
-
Corporate
-
66 000
-
-
nationa
-
15 840
-
-
municipal
-
2 574
-
-
total
-
18 414
-
-
Dividends
-
47 586
-
-
withholding
-
12 372
-
-
total
-
12 372
-
-
Income
66 000
66 000
66 000
66 000
Total tax
43 787
30 786
33 947
30 218
After tax
22 213
35 214
32 053
35 782
Living cost
39 583
39 583
39 583
39 583
Free-cash
-17 370
-4 369
-7 530
-3 801

Estimated living cost  is ₽39583 per week

₽27593
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2595
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽607
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8787
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽15588
₽20814
₽17894
₽14131
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
13 200
health
-
-
-
4 685
surtax
-
-
-
927
other
-
-
-
-
unemployment
-
-
-
214
income
-
-
-
10 686
total
-
-
-
29 712
Employee
31 022
-
54 521
-
surtax
101
-
819
-
pensions
2 069
-
3 637
-
other
-
-
-
-
unemployment
2 159
-
3 795
-
income
5 200
-
10 049
-
health
792
-
1 390
-
total
10 321
-
19 690
-
Employer
31 022
-
54 521
-
pensions
4 135
-
7 268
-
other
-
-
-
-
unemployment
983
-
1 729
-
health
1 412
-
2 482
-
total
6 530
-
11 479
-
Corporate
28 449
66 000
-
-
income
7 397
17 161
-
-
total
7 397
17 161
-
-
Dividends
21 052
48 839
-
-
withholding
3 158
7 325
-
-
total
3 158
7 325
-
-
Income
66 000
66 000
66 000
66 000
Total tax
27 406
24 486
31 169
29 712
After tax
38 594
41 514
34 831
36 288
Living cost
20 700
20 700
20 700
20 700
Free-cash
17 894
20 814
14 131
15 588

Estimated living cost  is ₽20700 per week

₽12657
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1910
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽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 of data for Thessaloniki model

Close
Cambridge , United Kingdom
₽7016
₽7184
-₽128
-₽77
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
4 395
income
-
-
-
12 322
total
-
-
-
16 717
Employee
58 664
-
58 552
-
pensions
4 979
-
4 967
-
income
10 566
-
10 547
-
health
852
-
848
-
total
16 397
-
16 362
-
Employer
58 664
-
58 552
-
pensions
6 350
-
6 336
-
health
1 114
-
1 112
-
total
7 464
-
7 448
-
Corporate
-
66 000
-
-
income

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

-
12 540
-
-
total
-
12 540
-
-
Dividends
-
53 460
-
-
withholding
-
4 009
-
-
total
-
4 009
-
-
Income
66 000
66 000
66 000
66 000
Total tax
23 861
16 549
23 810
16 717
After tax
42 139
49 451
42 190
49 283
Living cost
42 267
42 267
42 267
42 267
Free-cash
-128
7 184
-77
7 016

Estimated living cost  is ₽42267 per week

₽31666
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3168
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽442
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6990
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽19160
-₽44740
-₽30027
-₽22545
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
regional
-
-
-
1 676
city
-
-
-
695
pensions
-
-
-
6 071
health
-
-
-
244
other

This will depend on a canton and a chosen fund. The rate is between 0.3% and 3.4% with a maximum base of 148,200 CHF. We use 2% as an average rate.

-
-
-
1 320
national
-
-
-
235
total
-
-
-
10 241
Employee
87 674
-
59 073
-
regional
2 871
-
1 424
-
national
415
-
196
-
pensions
7 366
-
4 962
-
unemployment
-
-
-
-
city
941
-
635
-
health
198
-
133
-
total
11 791
-
7 350
-
Employer
87 674
-
59 073
-
pensions
7 366
-
4 962
-
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.

1 753
-
1 181
-
unemployment
-
-
-
-
health
198
-
133
-
total
9 317
-
6 276
-
Corporate
-
66 000
-
-
regional
-
13 958
-
-
national
-
5 611
-
-
total
-
19 569
-
-
Dividends
-
46 431
-
-
withholding
-
16 252
-
-
total
-
16 252
-
-
Income
66 000
66 000
66 000
66 000
Total tax
21 108
35 821
13 626
10 241
After tax
44 892
30 179
52 374
55 759
Living cost
74 919
74 919
74 919
74 919
Free-cash
-30 027
-44 740
-22 545
-19 160

Estimated living cost  is ₽74919 per week

₽48718
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6723
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽920
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18557
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽2624
-₽10202
₽5008
₽6464
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
3 840
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.

-
-
-
6 409
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.

-
-
-
529
income

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

-
-
-
9 624
total
-
-
-
20 402
Employee

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

56 377
-
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.

365
-
529
-
income

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

6 629
-
9 624
-
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.

6 409
-
6 409
-
total
13 403
-
16 562
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
9 623
66 000
-
-
trade
1 650
11 318
-
-
income
1 444
9 900
-
-
chamber of commerce
157
235
-
-
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.

80
545
-
-
total
3 331
21 998
-
-
Dividends
6 293
44 002
-
-
withholding
1 216
10 644
-
-
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.

68
586
-
-
total
1 284
11 230
-
-
Income
66 000
66 000
66 000
66 000
Total tax
18 018
33 228
16 562
20 402
After tax
47 982
32 772
49 438
45 598
Living cost
42 974
42 974
42 974
42 974
Free-cash
5 008
-10 202
6 464
2 624

Estimated living cost  is ₽42974 per week

₽31386
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3438
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.
₽7592
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽7185
₽1169
₽6711
₽7481
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
18 665
health
-
-
-
571
surtax
-
-
-
-
other
-
-
-
2 045
social contributions
-
-
-
1 880
income
-
-
-
3 559
total
-
-
-
26 720
Employee
40 148
-
50 292
-
social contributions
1 145
-
1 433
-
surtax
-
-
-
-
pensions
4 539
-
5 688
-
income
2 369
-
3 596
-
total
8 053
-
10 717
-
Employer
40 148
-
50 292
-
pensions
6 596
-
8 262
-
social contributions
121
-
151
-
other
1 385
-
1 736
-
unemployment
1 625
-
2 037
-
health
2 811
-
3 521
-
total
12 538
-
15 707
-
Corporate
13 314
66 000
-
-
income
3 728
18 480
-
-
surtax
-
-
-
-
total
3 728
18 480
-
-
Dividends
9 586
47 520
-
-
withholding
1 227
6 083
-
-
surtax
-
-
-
-
social contributions
1 648
8 173
-
-
total
2 875
14 256
-
-
Income
66 000
66 000
66 000
66 000
Total tax
27 194
32 736
26 424
26 720
After tax
38 806
33 264
39 576
39 280
Living cost
32 095
32 095
32 095
32 095
Free-cash
6 711
1 169
7 481
7 185

Estimated living cost  is ₽32095 per week

₽20237
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2610
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽547
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8703
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽10365
₽4349
₽9562
₽10661
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
18 665
health
-
-
-
571
surtax
-
-
-
-
other
-
-
-
2 045
social contributions
-
-
-
1 880
income
-
-
-
3 559
total
-
-
-
26 720
Employee
35 838
-
50 292
-
social contributions
1 022
-
1 433
-
surtax
-
-
-
-
pensions
4 053
-
5 688
-
income
1 848
-
3 596
-
total
6 923
-
10 717
-
Employer
35 838
-
50 292
-
pensions
5 889
-
8 262
-
social contributions
107
-
151
-
other
1 237
-
1 736
-
unemployment
1 451
-
2 037
-
health
2 508
-
3 521
-
total
11 192
-
15 707
-
Corporate
18 970
66 000
-
-
income
5 312
18 480
-
-
surtax
-
-
-
-
total
5 312
18 480
-
-
Dividends
13 658
47 520
-
-
withholding
1 748
6 083
-
-
surtax
-
-
-
-
social contributions
2 348
8 173
-
-
total
4 096
14 256
-
-
Income
66 000
66 000
66 000
66 000
Total tax
27 523
32 736
26 424
26 720
After tax
38 477
33 264
39 576
39 280
Living cost
28 915
28 915
28 915
28 915
Free-cash
9 562
4 349
10 661
10 365

Estimated living cost  is ₽28915 per week

₽16769
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2937
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.
₽8661
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽22494
₽20375
₽20862
₽19224
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
66 000
health
-
-
-
4 607
social contributions
-
-
-
9 107
income
-
-
-
9 900
total
-
-
-
23 614
Employee
31 806
-
66 000
-
social contributions
4 390
-
9 107
-
income
5 305
-
13 170
-
health
2 220
-
4 607
-
total
11 915
-
26 884
-
Employer
31 806
-
66 000
-
total
-
-
-
-
Corporate
34 194
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%.

1 709
3 300
-
-
total
1 709
3 300
-
-
Dividends
32 485
62 700
-
-
withholding
4 872
9 405
-
-
social contributions
4 482
8 652
-
-
health
2 268
4 376
-
-
total
11 622
22 433
-
-
Income
66 000
66 000
66 000
66 000
Total tax
25 246
25 733
26 884
23 614
After tax
40 754
40 267
39 116
42 386
Living cost
19 892
19 892
19 892
19 892
Free-cash
20 862
20 375
19 224
22 494

Estimated living cost  is ₽19892 per week

₽13312
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1227
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽458
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4894
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽2539
₽4411
₽2961
-₽9638
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
12 210
health
-
-
-
5 049
surtax
-
-
-
185
unemployment
-
-
-
5 754
income
-
-
-
6 946
chamber of commerce
-
-
-
263
total
-
-
-
30 407
Employee
46 881
37 384
51 107
-
pensions
4 801
3 827
5 234
-
other
468
374
511
-
unemployment
1 406
1 122
1 533
-
income
5 337
2 757
6 549
-
health
1 814
1 447
1 978
-
total
13 826
9 527
15 805
-
Employer
46 881
37 384
51 107
-
payroll
1 406
1 122
1 533
-
chamber of commerce
187
150
205
-
pensions
5 883
4 693
6 414
-
surtax
185
185
185
-
other
2 227
1 775
2 428
-
unemployment
1 406
1 122
1 533
-
accident
609
486
664
-
health
1 771
1 413
1 931
-
total
13 674
10 946
14 893
-
Corporate
5 444
17 672
47 547
-
income

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

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

1 362
4 418
11 886
-
total
1 362
4 418
11 886
-
Dividends
4 082
13 253
-
-
withholding
1 123
3 644
-
-
total
1 123
3 644
-
-
Income
66 000
66 000
66 000
66 000
Total tax
29 985
28 535
42 584
30 407
After tax
36 015
37 465
23 416
35 593
Living cost
33 054
33 054
33 054
33 054
Free-cash
2 961
4 411
-9 638
2 539

Estimated living cost  is ₽33054 per week

₽22046
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2820
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽543
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7646
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽551
₽2914
-₽20634
-₽6807
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
66 000
social contributions
-
-
-
8 794
communal

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

-
-
-
3 432
national
-
-
-
20 122
total
-
-
-
32 348
Employee

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

67 101
-
51 121
-
national
20 630
-
14 378
-
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.

5 033
-
3 834
-
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.

584
-
445
-
communal

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

3 500
-
2 667
-
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.

3 153
-
2 401
-
total
32 900
-
23 725
-
Employer

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

67 101
-
51 121
-
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.

5 946
-
4 529
-
surtax
7 608
-
5 796
-
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.

979
-
746
-
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.

872
-
664
-
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.

4 126
-
3 144
-
total
19 531
-
14 879
-
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.

-
15 420
-
-
total
-
15 420
-
-
Income
66 000
66 000
66 000
66 000
Total tax
52 431
28 883
38 604
32 348
After tax
13 569
37 117
27 396
33 652
Living cost
34 203
34 203
34 203
34 203
Free-cash
-20 634
2 914
-6 807
-551

Estimated living cost  is ₽34203 per week

₽22031
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2991
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽536
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8646
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽1725
₽10654
₽3042
₽2195
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
18 678
other
-
-
-
66
unemployment
-
-
-
463
accident
-
-
-
595
income
-
-
-
10 595
total
-
-
-
30 397
Employee
46 695
-
50 044
-
pensions
2 195
-
2 352
-
other
46
-
50
-
unemployment
725
-
776
-
income
9 852
-
10 794
-
total
12 818
-
13 972
-
Employer
46 695
-
50 044
-
pensions
11 019
-
11 810
-
other
372
-
401
-
unemployment
2 569
-
2 752
-
accident
924
-
992
-
total
14 884
-
15 955
-
Corporate
4 421
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.

664
9 900
-
-
total
664
9 900
-
-
Dividends
3 757
56 100
-
-
withholding
714
11 568
-
-
total
714
11 568
-
-
Income
66 000
66 000
66 000
66 000
Total tax
29 080
21 468
29 927
30 397
After tax
36 920
44 532
36 073
35 603
Living cost
33 878
33 878
33 878
33 878
Free-cash
3 042
10 654
2 195
1 725

Estimated living cost  is ₽33878 per week

₽24947
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2403
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽488
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6038
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽8462
-₽9908
-₽13526
-₽7230
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
10 560
health
-
-
-
4 949
surtax
-
-
-
3 493
accident
-
-
-
595
communal
-
-
-
-
income
-
-
-
3 886
total
-
-
-
23 483
Employee
71 040
-
58 956
-
surtax
4 354
-
3 614
-
pensions
5 682
-
4 716
-
income
6 862
-
4 253
-
health
3 162
-
2 624
-
total
20 060
-
15 207
-
Employer
71 040
-
58 956
-
pensions
5 682
-
4 716
-
accident
639
-
530
-
health
2 166
-
1 798
-
total
8 487
-
7 044
-
Corporate
-
66 000
-
-
communal
-
4 456
-
-
income
-
9 900
-
-
surtax
-
692
-
-
total
-
15 048
-
-
Dividends
-
50 952
-
-
withholding
-
7 642
-
-
income
-
2 239
-
-
total
-
9 881
-
-
Income
66 000
66 000
66 000
66 000
Total tax
28 547
24 929
22 251
23 483
After tax
37 453
41 071
43 749
42 517
Living cost
50 979
50 979
50 979
50 979
Free-cash
-13 526
-9 908
-7 230
-8 462

Estimated living cost  is ₽50979 per week

₽38242
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3089
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽539
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9107
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽15218
₽20444
₽17460
₽13761
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
13 200
health
-
-
-
4 685
surtax
-
-
-
927
other
-
-
-
-
unemployment
-
-
-
214
income
-
-
-
10 686
total
-
-
-
29 712
Employee
31 591
-
54 521
-
surtax
112
-
819
-
pensions
2 108
-
3 637
-
other
-
-
-
-
unemployment
2 199
-
3 795
-
income
5 296
-
10 049
-
health
806
-
1 390
-
total
10 521
-
19 690
-
Employer
31 591
-
54 521
-
pensions
4 212
-
7 268
-
other
-
-
-
-
unemployment
1 002
-
1 729
-
health
1 437
-
2 482
-
total
6 651
-
11 479
-
Corporate
27 758
66 000
-
-
income
7 217
17 161
-
-
total
7 217
17 161
-
-
Dividends
20 541
48 839
-
-
withholding
3 081
7 325
-
-
total
3 081
7 325
-
-
Income
66 000
66 000
66 000
66 000
Total tax
27 470
24 486
31 169
29 712
After tax
38 530
41 514
34 831
36 288
Living cost
21 070
21 070
21 070
21 070
Free-cash
17 460
20 444
13 761
15 218

Estimated living cost  is ₽21070 per week

₽12721
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1832
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽490
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6029
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽10197
₽9420
₽7339
₽6493
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
392
regional
-
-
-
996
social contributions
-
-
-
16 976
national
-
-
-
12 169
total
-
-
-
30 533
Employee
52 036
-
66 000
-
social contributions
17 547
-
22 256
-
municipal
276
-
351
-
regional
700
-
887
-
national
8 244
-
10 743
-
total
26 767
-
34 237
-
Employer
52 036
-
66 000
-
total
-
-
-
-
Corporate
13 964
66 000
-
-
nationa
3 352
15 840
-
-
municipal
694
3 281
-
-
total
4 046
19 121
-
-
Dividends
9 917
46 879
-
-
withholding
2 578
12 189
-
-
total
2 578
12 189
-
-
Income
66 000
66 000
66 000
66 000
Total tax
33 391
31 310
34 237
30 533
After tax
32 609
34 690
31 763
35 467
Living cost
25 270
25 270
25 270
25 270
Free-cash
7 339
9 420
6 493
10 197

Estimated living cost  is ₽25270 per week

₽15715
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2560
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽433
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6562
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽3416
₽16712
₽6464
₽4765
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
66 000
health
-
-
-
8 910
social contributions
-
-
-
19 272
solidarity contribution
-
-
-
-
income
-
-
-
5 673
total
-
-
-
33 855
Employee
42 249
-
49 254
-
social contributions
2 746
-
3 201
-
income
5 070
-
5 910
-
solidarity contribution
-
-
-
-
health
5 704
-
6 649
-
total
13 520
-
15 760
-
Employer
42 249
-
49 254
-
social contributions
10 562
-
12 313
-
health
3 802
-
4 433
-
total
14 364
-
16 746
-
Corporate
9 386
66 000
-
-
income
1 783
12 540
-
-
total
1 783
12 540
-
-
Dividends
7 603
53 460
-
-
withholding
1 140
8 019
-
-
total
1 140
8 019
-
-
Income
66 000
66 000
66 000
66 000
Total tax
30 807
20 559
32 506
33 855
After tax
35 193
45 441
33 494
32 145
Living cost
28 729
28 729
28 729
28 729
Free-cash
6 464
16 712
4 765
3 416

Estimated living cost  is ₽28729 per week

₽21365
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1592
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽497
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5276
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽5850
₽7636
₽7173
-₽6471
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
12 210
health
-
-
-
5 049
surtax
-
-
-
-
unemployment
-
-
-
5 754
income
-
-
-
6 946
chamber of commerce
-
-
-
263
total
-
-
-
30 222
Employee
41 006
37 384
51 249
-
pensions
4 199
3 827
5 248
-
other
409
374
513
-
unemployment
1 230
1 122
1 538
-
income
3 653
2 757
6 588
-
health
1 586
1 447
1 983
-
total
11 077
9 527
15 870
-
Employer
41 006
37 384
51 249
-
payroll
1 230
1 122
1 538
-
chamber of commerce
164
150
205
-
pensions
5 146
4 693
6 432
-
surtax
-
-
-
-
other
1 948
1 775
2 435
-
unemployment
1 230
1 122
1 538
-
accident
532
486
666
-
health
1 551
1 413
1 937
-
total
11 801
10 761
14 751
-
Corporate
13 193
17 857
47 689
-
income

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

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

3 299
4 465
11 922
-
total
3 299
4 465
11 922
-
Dividends
9 895
13 392
-
-
withholding
2 722
3 683
-
-
total
2 722
3 683
-
-
Income
66 000
66 000
66 000
66 000
Total tax
28 899
28 436
42 543
30 222
After tax
37 101
37 564
23 457
35 778
Living cost
29 928
29 928
29 928
29 928
Free-cash
7 173
7 636
-6 471
5 850

Estimated living cost  is ₽29928 per week

₽17953
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3057
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽534
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8385
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽53383
₽50743
₽48502
₽40843
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
14 947
-
66 000
-
income
2 989
-
13 200
-
total
2 989
-
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%.

51 053
66 000
-
-
total
-
-
-
-
Dividends
51 053
66 000
-
-
withholding
2 552
3 300
-
-
total
2 552
3 300
-
-
Income
66 000
66 000
66 000
66 000
Total tax
5 541
3 300
13 200
660
After tax
60 459
62 700
52 800
65 340
Living cost
11 957
11 957
11 957
11 957
Free-cash
48 502
50 743
40 843
53 383

Estimated living cost  is ₽11957 per week

₽8091
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽502
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽401
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2962
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽10202
₽20279
₽12432
₽8316
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
12 054
health
-
-
-
6 496
unemployment
-
-
-
100
income
-
-
-
11 987
total
-
-
-
30 637
Employee

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

41 482
-
57 108
-
pensions
6 430
-
8 851
-
unemployment
59
-
80
-
income
7 153
-
11 013
-
health
2 679
-
3 689
-
total
16 321
-
23 633
-
Employer

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

41 482
-
57 108
-
pensions
3 671
-
5 054
-
unemployment
25
-
34
-
health
2 763
-
3 802
-
total
6 459
-
8 890
-
Corporate
18 060
66 000
-
-
income
3 432
12 540
-
-
total
3 432
12 540
-
-
Dividends
14 627
53 460
-
-
withholding
2 195
8 020
-
-
total
2 195
8 020
-
-
Income
66 000
66 000
66 000
66 000
Total tax
28 407
20 560
32 523
30 637
After tax
37 593
45 440
33 477
35 363
Living cost
25 161
25 161
25 161
25 161
Free-cash
12 432
20 279
8 316
10 202

Estimated living cost  is ₽25161 per week

₽17268
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1613
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽488
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5794
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽4668
-₽789
-₽75484
₽12574
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
66 000
social contributions
-
-
-
7 524
income
-
-
-
12 865
total
-
-
-
20 389
Employee
58 707
-
-
-
social contributions
4 814
-
686
-
income
12 950
-
-
-
total
17 764
-
686
-
Employer
58 707
-
-
-
social contributions
82 777
-
11 797
-
total
82 777
-
11 797
-
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
100 541
25 846
12 483
20 389
After tax
-34 541
40 154
53 517
45 611
Living cost
40 943
40 943
40 943
40 943
Free-cash
-75 484
-789
12 574
4 668

Estimated living cost  is ₽40943 per week

₽26566
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3851
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽522
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10005
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽8190
₽8117
₽7172
₽5836
S + D Salary + Dividends

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

Dividends

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

Salary

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

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

-
-
-
22 936
income
-
-
-
5 450
total
-
-
-
28 386
Employee
43 144
-
53 332
-
social contributions
4 746
-
5 866
-
surtax
-
-
-
-
income
8 974
-
12 208
-
total
13 720
-
18 074
-
Employer
43 144
-
53 332
-
social contributions
10 247
-
12 666
-
total
10 247
-
12 666
-
Corporate
12 609
66 000
-
-
income
2 647
13 860
-
-
surtax
-
-
-
-
total
2 647
13 860
-
-
Dividends
9 962
52 140
-
-
withholding
2 790
14 599
-
-
total
2 790
14 599
-
-
Income
66 000
66 000
66 000
66 000
Total tax
29 404
28 459
30 740
28 386
After tax
36 596
37 541
35 260
37 614
Living cost
29 424
29 424
29 424
29 424
Free-cash
7 172
8 117
5 836
8 190

Estimated living cost  is ₽29424 per week

₽22015
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1736
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.
₽5182
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽6028
-₽12044
-₽11102
-₽5732
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
18 665
health
-
-
-
571
surtax
-
-
-
-
other
-
-
-
2 045
social contributions
-
-
-
1 880
income
-
-
-
3 559
total
-
-
-
26 720
Employee
58 753
-
50 292
-
social contributions
1 673
-
1 433
-
surtax
-
-
-
-
pensions
6 645
-
5 688
-
income
5 126
-
3 596
-
total
13 444
-
10 717
-
Employer
58 753
-
50 292
-
pensions
9 654
-
8 262
-
social contributions
176
-
151
-
other
2 028
-
1 736
-
unemployment
2 380
-
2 037
-
health
4 112
-
3 521
-
total
18 350
-
15 707
-
Corporate
-
66 000
-
-
income
-
18 480
-
-
surtax
-
-
-
-
total
-
18 480
-
-
Dividends
-
47 520
-
-
withholding
-
6 083
-
-
surtax
-
-
-
-
social contributions
-
8 173
-
-
total
-
14 256
-
-
Income
66 000
66 000
66 000
66 000
Total tax
31 794
32 736
26 424
26 720
After tax
34 206
33 264
39 576
39 280
Living cost
45 308
45 308
45 308
45 308
Free-cash
-11 102
-12 044
-5 732
-6 028

Estimated living cost  is ₽45308 per week

₽30664
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3706
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽621
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10316
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽22843
₽31201
₽28050
₽24697
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
14 521
income
-
-
-
438
total
-
-
-
14 959
Employee
30 158
-
57 142
-
social contributions
1 960
-
3 713
-
income
-
-
536
-
total
1 960
-
4 249
-
Employer
30 158
-
57 142
-
social contributions
4 675
-
8 856
-
total
4 675
-
8 856
-
Corporate
31 167
66 000
-
-
income
3 117
6 601
-
-
total
3 117
6 601
-
-
Dividends
28 050
59 399
-
-
total
-
-
-
-
Income
66 000
66 000
66 000
66 000
Total tax
9 752
6 601
13 105
14 959
After tax
56 248
59 399
52 895
51 041
Living cost
28 198
28 198
28 198
28 198
Free-cash
28 050
31 201
24 697
22 843

Estimated living cost  is ₽28198 per week

₽18233
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2126
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽530
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7309
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽3057
-₽138093
-₽138093
-₽138093
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
11 339
pensions
-
-
-
812
labour market
-
-
-
5 215
national
-
-
-
6 578
total
-
-
-
23 944
Employee
190 412
190 412
190 412
-
municipal
40 547
40 547
40 547
-
national
23 262
23 262
23 262
-
pensions
271
271
271
-
labour market
15 211
15 211
15 211
-
total
79 291
79 291
79 291
-
Employer
190 412
190 412
190 412
-
labour market
15 233
15 233
15 233
-
pensions
541
541
541
-
municipal
40 612
40 612
40 612
-
national
23 303
23 303
23 303
-
total
79 689
79 689
79 689
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
66 000
66 000
66 000
66 000
Total tax
158 980
158 980
158 980
23 944
After tax
-92 980
-92 980
-92 980
42 056
Living cost
45 113
45 113
45 113
45 113
Free-cash
-138 093
-138 093
-138 093
-3 057

Estimated living cost  is ₽45113 per week

₽30876
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3991
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽694
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9553
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽24855
-₽15283
₽2182
₽13296
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
3 960
health
-
-
-
2 076
other
-
-
-
353
accident
-
-
-
240
income
-
-
-
13 887
total
-
-
-
20 516
Employee
32 451
-
54 826
-
pensions
3 654
-
6 174
-
income
4 452
-
8 449
-
health
3 716
-
6 278
-
total
11 822
-
20 901
-
Employer
32 451
-
54 826
-
pensions
5 277
-
8 915
-
unemployment
795
-
1 343
-
accident
542
-
916
-
total
6 614
-
11 174
-
Corporate
26 935
66 000
-
-
income

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

24 241
59 400
-
-
total
24 241
59 400
-
-
Dividends
2 693
6 600
-
-
withholding
512
1 254
-
-
total
512
1 254
-
-
Income
66 000
66 000
66 000
66 000
Total tax
43 189
60 654
32 075
20 516
After tax
22 811
5 346
33 925
45 484
Living cost
20 629
20 629
20 629
20 629
Free-cash
2 182
-15 283
13 296
24 855

Estimated living cost  is ₽20629 per week

₽15016
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1176
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽387
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4050
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽13483
₽9160
₽5075
₽3838
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
11 767
health
-
-
-
625
national
-
-
-
4 110
total
-
-
-
16 502
Employee
49 354
-
55 524
-
municipal
8 084
-
9 086
-
national
815
-
1 542
-
pensions
3 331
-
3 747
-
unemployment
741
-
833
-
health
368
-
463
-
total
13 339
-
15 671
-
Employer
49 354
-
55 524
-
pensions
8 563
-
9 633
-
unemployment
320
-
361
-
accident
50
-
55
-
health
379
-
427
-
total
9 312
-
10 476
-
Corporate
7 334
66 000
-
-
income
1 467
13 200
-
-
total
1 467
13 200
-
-
Dividends

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

4 400
39 600
-
-
municipal
792
7 128
-
-
national
-
497
-
-
total
792
7 625
-
-
Income
66 000
66 000
66 000
66 000
Total tax
24 910
20 825
26 147
16 502
After tax
41 090
45 175
39 853
49 498
Living cost
36 015
36 015
36 015
36 015
Free-cash
5 075
9 160
3 838
13 483

Estimated living cost  is ₽36015 per week

₽23525
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3464
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.
₽8454
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28231
₽23068
₽21647
₽25164
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
66 000
health
-
-
-
1 682
social contributions
-
-
-
10 297
income
-
-
-
4 071
total
-
-
-
16 050
Employee
72 134
72 134
72 134
-
social contributions
2 727
5 987
4 974
-
income
7 854
6 677
7 042
-
health
559
1 227
1 018
-
total
11 140
13 891
13 034
-
Employer
72 134
72 134
72 134
-
social contributions
2 727
5 987
4 974
-
health
607
1 335
1 109
-
total
3 334
7 322
6 083
-
Corporate
29 806
-
-
-
income
3 726
-
-
-
total
3 726
-
-
-
Dividends
26 080
-
-
-
withholding
4 434
-
-
-
total
4 434
-
-
-
Income
66 000
66 000
66 000
66 000
Total tax
22 634
21 213
19 117
16 050
After tax
43 366
44 787
46 883
49 950
Living cost
21 719
21 719
21 719
21 719
Free-cash
21 647
23 068
25 164
28 231

Estimated living cost  is ₽21719 per week

₽13017
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2131
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.
₽6092
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽35821
₽39761
₽34988
₽25911
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
5 967
health
-
-
-
3 395
unemployment
-
-
-
27
income
-
-
-
5 896
total
-
-
-
15 285
Employee

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

21 532
-
59 837
-
pensions
3 229
-
8 976
-
unemployment
107
-
299
-
income
1 472
-
4 671
-
health
1 830
-
5 086
-
total
6 638
-
19 032
-
Employer

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

21 532
-
59 837
-
pensions
1 184
-
3 292
-
unemployment
107
-
299
-
health
926
-
2 572
-
total
2 217
-
6 163
-
Corporate
42 252
66 000
-
-
income
3 802
5 940
-
-
total
3 802
5 940
-
-
Dividends
38 449
60 060
-
-
withholding
3 461
5 405
-
-
total
3 461
5 405
-
-
Income
66 000
66 000
66 000
66 000
Total tax
16 118
11 345
25 195
15 285
After tax
49 882
54 655
40 805
50 715
Living cost
14 894
14 894
14 894
14 894
Free-cash
34 988
39 761
25 911
35 821

Estimated living cost  is ₽14894 per week

₽9503
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1073
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽443
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3874
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽9807
₽18736
₽13815
₽10277
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
18 678
other
-
-
-
66
unemployment
-
-
-
463
accident
-
-
-
595
income
-
-
-
10 595
total
-
-
-
30 397
Employee
34 686
-
50 044
-
pensions
1 631
-
2 352
-
other
34
-
50
-
unemployment
538
-
776
-
income
6 687
-
10 794
-
total
8 890
-
13 972
-
Employer
34 686
-
50 044
-
pensions
8 185
-
11 810
-
other
278
-
401
-
unemployment
1 908
-
2 752
-
accident
687
-
992
-
total
11 058
-
15 955
-
Corporate
20 255
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.

3 039
9 900
-
-
total
3 039
9 900
-
-
Dividends
17 217
56 100
-
-
withholding
3 402
11 568
-
-
total
3 402
11 568
-
-
Income
66 000
66 000
66 000
66 000
Total tax
26 389
21 468
29 927
30 397
After tax
39 611
44 532
36 073
35 603
Living cost
25 796
25 796
25 796
25 796
Free-cash
13 815
18 736
10 277
9 807

Estimated living cost  is ₽25796 per week

₽17412
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2480
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽452
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5453
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽39999
₽39356
₽39054
₽39870
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
1 333
health
-
-
-
967
income
-
-
-
21 873
total
-
-
-
24 173
Employee
2 784
-
64 500
-
pensions
251
-
600
-
unemployment
28
-
67
-
income
539
-
21 803
-
health
139
-
333
-
total
957
-
22 803
-
Employer
2 784
-
64 500
-
pensions
306
-
733
-
unemployment
56
-
133
-
health
265
-
633
-
total
627
-
1 499
-
Corporate
62 589
66 000
-
-
income
13 770
14 520
-
-
total
13 770
14 520
-
-
Dividends
48 820
51 480
-
-
withholding
9 764
10 296
-
-
total
9 764
10 296
-
-
Income
66 000
66 000
66 000
66 000
Total tax
25 118
24 816
24 302
24 173
After tax
40 882
41 184
41 698
41 827
Living cost
1 828
1 828
1 828
1 828
Free-cash
39 054
39 356
39 870
39 999

Estimated living cost  is ₽1828 per week

₽1086
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽148
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽42
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽552
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽16124
₽31497
₽26892
₽18631
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
17 160
health
-
-
-
6 798
unemployment
-
-
-
990
income
-
-
-
8 740
total
-
-
-
33 688
Employee

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

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

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

24 411
-
55 980
-
pensions
3 417
-
7 837
-
unemployment
183
-
420
-
income
3 365
-
10 020
-
health
1 257
-
2 883
-
total
8 222
-
21 160
-
Employer

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

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

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

24 411
-
55 980
-
pensions
2 929
-
6 718
-
unemployment
183
-
420
-
health
1 257
-
2 883
-
total
4 369
-
10 021
-
Corporate
37 220
66 000
-
-
income
5 583
9 900
-
-
total
5 583
9 900
-
-
Dividends
31 637
56 100
-
-
withholding
4 746
8 415
-
-
total
4 746
8 415
-
-
Income
66 000
66 000
66 000
66 000
Total tax
22 920
18 315
31 181
33 688
After tax
43 080
47 685
34 819
32 312
Living cost
16 188
16 188
16 188
16 188
Free-cash
26 892
31 497
18 631
16 124

Estimated living cost  is ₽16188 per week

₽10899
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1252
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.
₽3568
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽12324
₽12251
₽11914
₽9970
S + D Salary + Dividends

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

Dividends

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

Salary

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

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

-
-
-
22 936
income
-
-
-
5 450
total
-
-
-
28 386
Employee
36 409
-
53 332
-
social contributions
4 005
-
5 866
-
surtax
-
-
-
-
income
7 114
-
12 208
-
total
11 119
-
18 074
-
Employer
36 409
-
53 332
-
social contributions
8 646
-
12 666
-
total
8 646
-
12 666
-
Corporate
20 945
66 000
-
-
income
4 399
13 860
-
-
surtax
-
-
-
-
total
4 399
13 860
-
-
Dividends
16 546
52 140
-
-
withholding
4 632
14 599
-
-
total
4 632
14 599
-
-
Income
66 000
66 000
66 000
66 000
Total tax
28 796
28 459
30 740
28 386
After tax
37 204
37 541
35 260
37 614
Living cost
25 290
25 290
25 290
25 290
Free-cash
11 914
12 251
9 970
12 324

Estimated living cost  is ₽25290 per week

₽17912
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1757
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽449
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5173
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽2635
₽11564
₽4303
₽3105
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
18 678
other
-
-
-
66
unemployment
-
-
-
463
accident
-
-
-
595
income
-
-
-
10 595
total
-
-
-
30 397
Employee
45 305
-
50 044
-
pensions
2 129
-
2 352
-
other
45
-
50
-
unemployment
701
-
776
-
income
9 463
-
10 794
-
total
12 338
-
13 972
-
Employer
45 305
-
50 044
-
pensions
10 692
-
11 810
-
other
363
-
401
-
unemployment
2 492
-
2 752
-
accident
897
-
992
-
total
14 444
-
15 955
-
Corporate
6 251
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.

938
9 900
-
-
total
938
9 900
-
-
Dividends
5 313
56 100
-
-
withholding
1 009
11 568
-
-
total
1 009
11 568
-
-
Income
66 000
66 000
66 000
66 000
Total tax
28 729
21 468
29 927
30 397
After tax
37 271
44 532
36 073
35 603
Living cost
32 968
32 968
32 968
32 968
Free-cash
4 303
11 564
3 105
2 635

Estimated living cost  is ₽32968 per week

₽23676
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2563
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.
₽6264
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽31202
₽40285
₽34567
₽32719
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions

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

-
-
-
4 852
health
-
-
-
3 770
unemployment
-
-
-
131
income
-
-
-
9 900
total
-
-
-
18 653
Employee
21 378
-
59 568
-
accident

We are using the highest rate at 1.1%.

235
-
361
-
pensions

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

1 877
-
2 879
-
income
2 138
-
5 956
-
health
983
-
1 508
-
total
5 233
-
10 704
-
Employer
21 378
-
59 568
-
pensions

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

2 356
-
3 612
-
unemployment
128
-
197
-
accident

We are using the highest rate at 1.1%.

235
-
361
-
health
1 475
-
2 262
-
total
4 194
-
6 432
-
Corporate
40 427
66 000
-
-
income
4 042
6 600
-
-
total
4 042
6 600
-
-
Dividends
36 385
59 400
-
-
withholding
1 819
2 970
-
-
total
1 819
2 970
-
-
Income
66 000
66 000
66 000
66 000
Total tax
15 288
9 570
17 136
18 653
After tax
50 712
56 430
48 864
47 347
Living cost
16 145
16 145
16 145
16 145
Free-cash
34 567
40 285
32 719
31 202

Estimated living cost  is ₽16145 per week

₽10678
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽924
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽385
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4158
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽10008
-₽2088
₽10182
₽13221
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
3 213
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.

-
-
-
6 409
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.

-
-
-
529
income

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

-
-
-
9 624
total
-
-
-
19 775
Employee

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

46 675
-
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.

212
-
529
-
income

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

3 838
-
9 624
-
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.

6 409
-
6 409
-
total
10 459
-
16 562
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
19 325
66 000
-
-
trade
2 774
9 471
-
-
income
2 898
9 900
-
-
chamber of commerce
171
239
-
-
surtax

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

160
545
-
-
total
6 003
20 155
-
-
Dividends
13 322
45 847
-
-
withholding
2 975
11 105
-
-
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.

164
611
-
-
total
3 139
11 716
-
-
Income
66 000
66 000
66 000
66 000
Total tax
19 601
31 871
16 562
19 775
After tax
46 399
34 129
49 438
46 225
Living cost
36 217
36 217
36 217
36 217
Free-cash
10 182
-2 088
13 221
10 008

Estimated living cost  is ₽36217 per week

₽24983
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3897
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.
₽6811
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽3615
-₽7236
-₽7379
-₽3615
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
5 283
income
-
-
-
10 895
total
-
-
-
16 178
Employee
73 378
-
66 000
-
social contributions
6 096
-
5 283
-
income
13 846
-
10 895
-
total
19 942
-
16 178
-
Employer
73 378
-
66 000
-
total
-
-
-
-
Corporate
-
66 000
-
-
income
-
8 249
-
-
total
-
8 249
-
-
Dividends
-
57 751
-
-
withholding
-
11 550
-
-
total
-
11 550
-
-
Income
66 000
66 000
66 000
66 000
Total tax
19 942
19 799
16 178
16 178
After tax
46 058
46 201
49 822
49 822
Living cost
53 437
53 437
53 437
53 437
Free-cash
-7 379
-7 236
-3 615
-3 615

Estimated living cost  is ₽53437 per week

₽40654
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4354
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽511
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7918
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽516
₽3892
₽9325
₽13986
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health

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

-
-
-
5 761
income
-
-
-
26 703
total
-
-
-
32 464
Employee
43 033
-
61 685
-
social contributions
4 312
-
4 315
-
income
4 669
-
9 332
-
total
8 981
-
13 647
-
Employer
43 033
-
61 685
-
social contributions
4 312
-
4 315
-
total
4 312
-
4 315
-
Corporate
18 655
66 000
-
-
income
6 530
23 100
-
-
total
6 530
23 100
-
-
Dividends
12 125
42 900
-
-
social contributions
2 800
4 956
-
-
total
2 800
4 956
-
-
Income
66 000
66 000
66 000
66 000
Total tax
22 623
28 056
17 962
32 464
After tax
43 377
37 944
48 038
33 536
Living cost
34 052
34 052
34 052
34 052
Free-cash
9 325
3 892
13 986
-516

Estimated living cost  is ₽34052 per week

₽22430
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2685
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽522
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8415
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Sliema model

Close
Edinburgh , United Kingdom
₽14921
₽15089
₽9870
₽7828
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
4 395
income
-
-
-
12 322
total
-
-
-
16 717
Employee
47 166
-
58 552
-
pensions
3 600
-
4 967
-
income
8 589
-
10 547
-
health
615
-
848
-
total
12 804
-
16 362
-
Employer
47 166
-
58 552
-
pensions
4 765
-
6 336
-
health
896
-
1 112
-
total
5 661
-
7 448
-
Corporate
13 172
66 000
-
-
income

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

2 502
12 540
-
-
total
2 502
12 540
-
-
Dividends
10 670
53 460
-
-
withholding
801
4 009
-
-
total
801
4 009
-
-
Income
66 000
66 000
66 000
66 000
Total tax
21 768
16 549
23 810
16 717
After tax
44 232
49 451
42 190
49 283
Living cost
34 362
34 362
34 362
34 362
Free-cash
9 870
15 089
7 828
14 921

Estimated living cost  is ₽34362 per week

₽23572
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3160
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽430
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7198
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽22812
-₽17326
₽1867
₽11253
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
3 960
health
-
-
-
2 076
other
-
-
-
353
accident
-
-
-
240
income
-
-
-
13 887
total
-
-
-
20 516
Employee
35 664
-
54 826
-
pensions
4 016
-
6 174
-
income
4 893
-
8 449
-
health
4 083
-
6 278
-
total
12 992
-
20 901
-
Employer
35 664
-
54 826
-
pensions
5 799
-
8 915
-
unemployment
874
-
1 343
-
accident
596
-
916
-
total
7 269
-
11 174
-
Corporate
23 068
66 000
-
-
income

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

20 762
59 400
-
-
total
20 762
59 400
-
-
Dividends
2 307
6 600
-
-
withholding
438
1 254
-
-
total
438
1 254
-
-
Income
66 000
66 000
66 000
66 000
Total tax
41 461
60 654
32 075
20 516
After tax
24 539
5 346
33 925
45 484
Living cost
22 672
22 672
22 672
22 672
Free-cash
1 867
-17 326
11 253
22 812

Estimated living cost  is ₽22672 per week

₽16639
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1321
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽457
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4255
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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

Close
Skopje , Macedonia
₽25812
₽43446
₽38891
₽25812
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
12 144
health insurance
-
-
-
4 884
work injury
-
-
-
330
unemployment
-
-
-
792
income
-
-
-
9 384
total
-
-
-
27 534
Employee

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

20 247
-
66 000
-
pensions
3 725
-
12 144
-
health insurance
1 498
-
4 884
-
unemployment
243
-
792
-
income
2 025
-
9 384
-
work injury
101
-
330
-
total
7 592
-
27 534
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
45 753
66 000
-
-
income

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

-
-
-
-
total
-
-
-
-
Dividends
45 753
66 000
-
-
withholding
6 863
9 900
-
-
total
6 863
9 900
-
-
Income
66 000
66 000
66 000
66 000
Total tax
14 455
9 900
27 534
27 534
After tax
51 545
56 100
38 466
38 466
Living cost
12 654
12 654
12 654
12 654
Free-cash
38 891
43 446
25 812
25 812

Estimated living cost  is ₽12654 per week

₽7840
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽920
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽395
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3500
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽2028
-₽2606
-₽13049
-₽5690
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
441
regional
-
-
-
1 071
social contributions
-
-
-
16 976
national
-
-
-
12 169
total
-
-
-
30 657
Employee
79 048
-
66 000
-
social contributions
26 655
-
22 256
-
municipal
472
-
393
-
regional
1 193
-
927
-
national
13 358
-
10 743
-
total
41 678
-
34 319
-
Employer
79 048
-
66 000
-
total
-
-
-
-
Corporate
-
66 000
-
-
nationa
-
15 840
-
-
municipal
-
3 181
-
-
total
-
19 021
-
-
Dividends
-
46 979
-
-
withholding
-
12 214
-
-
total
-
12 214
-
-
Income
66 000
66 000
66 000
66 000
Total tax
41 678
31 235
34 319
30 657
After tax
24 322
34 765
31 681
35 343
Living cost
37 371
37 371
37 371
37 371
Free-cash
-13 049
-2 606
-5 690
-2 028

Estimated living cost  is ₽37371 per week

₽26250
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2571
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽564
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7984
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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

Close
[[ place.name ]], [[ place.country ]]

[[ row[2] ]] [[ row[0] ]]

Estimated living cost

Adjust living cost [[ detailsButtonText ]] Source

Additional information

Source

[[ $tc('message.data_source', {city: place.name}) ]] [[ place.name ]]

Close

[[ row[2] ]] [[ row[0] ]]

Estimated living cost

Adjust living cost [[ detailsButtonText ]] Source

Additional information

Source

[[ $tc('message.data_source', {city: place.name}) ]] [[ place.name ]]

Close