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
₽4870
₽20891
₽17406
₽15305
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
66 000
income

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

-
-
-
9 554
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.

-
-
-
525
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.

-
-
-
6 447
trade
-
-
-
3 485
total
-
-
-
20 011
Employee

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

36 093
-
66 000
-
surtax

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

56
-
525
-
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.

1 008
-
9 554
-
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.

6 447
-
6 447
-
total
7 511
-
16 526
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
29 907
66 000
-
-
income
4 486
9 899
-
-
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.

247
544
-
-
chamber of commerce
186
238
-
-
trade
4 710
10 396
-
-
total
9 629
21 077
-
-
Dividends
20 277
44 922
-
-
surtax

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

260
598
-
-
withholding
4 712
10 872
-
-
total
4 972
11 470
-
-
Income
66 000
66 000
66 000
66 000
Total tax
22 112
32 547
16 526
20 011
After tax
43 888
33 453
49 474
45 989
Living cost
28 583
28 583
28 583
28 583
Free-cash
15 305
4 870
20 891
17 406

Estimated living cost  is ₽28583 per week

₽17980
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3333
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.
₽6737
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽8934
-₽8711
-₽9229
-₽18742
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
710
municipal
-
-
-
6 464
national
-
-
-
10 017
pensions
-
-
-
7 920
total
-
-
-
25 111
Employee
77 691
-
57 056
-
municipal
9 596
-
6 720
-
pensions
3 108
-
2 282
-
national
14 870
-
10 413
-
total
27 574
-
19 415
-
Employer
77 691
-
57 056
-
pensions
6 215
-
4 565
-
social contributions
835
-
613
-
total
7 050
-
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
34 624
24 816
24 593
25 111
After tax
31 376
41 184
41 407
40 889
Living cost
50 118
50 118
50 118
50 118
Free-cash
-18 742
-8 934
-8 711
-9 229

Estimated living cost  is ₽50118 per week

₽34064
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4659
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽750
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10644
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽33168
₽17891
₽33498
₽25426
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

As of 1 January, 2018 a microenterprise tax rate for microenterprise turnover of up to €40,000 is 15%. This tax is inclusive of all other taxes and contributions.

Microenterprise tax could also be applied to a company but as the only exception is a limitation of liability, we advise to register as a sole-trader.

-
-
-
66 000
income
-
-
-
-
surtax
-
-
-
-
social contributions

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

-
-
-
2 971
microenterprise
-
-
-
9 899
total
-
-
-
12 870
Employee
27 574
-
53 187
-
surtax
-
-
-
-
social contributions

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

3 034
-
5 851
-
income
4 909
-
9 813
-
total
7 943
-
15 664
-
Employer
27 574
-
53 187
-
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.

6 642
-
12 813
-
surtax
-
-
-
-
total
6 642
-
12 813
-
Corporate
31 784
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%.

6 357
13 200
-
-
total
6 357
13 200
-
-
Dividends

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

25 426
52 800
-
-
total
-
-
-
-
Income
66 000
66 000
66 000
66 000
Total tax
20 942
13 200
28 477
12 870
After tax
45 058
52 800
37 523
53 130
Living cost
19 632
19 632
19 632
19 632
Free-cash
25 426
33 168
17 891
33 498

Estimated living cost  is ₽19632 per week

₽12525
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1870
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽446
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4792
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽22412
-₽27709
-₽1912
-₽27709
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
66 000
income
-
-
-
7 634
health
-
-
-
9 690
pensions
-
-
-
11 056
total
-
-
-
28 380
Employee
80 585
80 585
80 585
-
pensions
14 505
11 056
14 505
-
income

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

13 191
13 191
13 191
-
health
12 369
10 521
12 369
-
total
40 065
34 768
40 065
-
Employer
80 585
80 585
80 585
-
health
5 602
5 602
5 602
-
pensions
5 609
5 609
5 609
-
unemployment
2 901
2 901
2 901
-
total
14 112
14 112
14 112
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
66 000
66 000
66 000
66 000
Total tax
54 177
48 880
54 177
28 380
After tax
11 823
17 120
11 823
37 620
Living cost
39 532
39 532
39 532
39 532
Free-cash
-27 709
-22 412
-27 709
-1 912

Estimated living cost  is ₽39532 per week

₽28015
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3564
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽629
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7324
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽1787
-₽2579
-₽4923
-₽4829
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
66 000
accident
-
-
-
132
other
-
-
-
7 669
unemployment
-
-
-
66
health
-
-
-
4 118
municipal
-
-
-
13 980
national
-
-
-
-
pensions
-
-
-
7 135
total
-
-
-
33 100
Employee
53 895
-
50 221
-
municipal
16 071
-
14 976
-
national
-
-
-
-
total
16 071
-
14 976
-
Employer
53 895
-
50 221
-
health
3 315
-
3 089
-
pensions
5 826
-
5 429
-
accident
108
-
100
-
unemployment
1 423
-
1 326
-
other
6 263
-
5 836
-
total
16 935
-
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
33 006
29 964
30 756
33 100
After tax
32 994
36 036
35 244
32 900
Living cost
37 823
37 823
37 823
37 823
Free-cash
-4 829
-1 787
-2 579
-4 923

Estimated living cost  is ₽37823 per week

₽25068
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3712
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽574
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8470
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Stockholm model

Close
Hamburg , Germany
-₽3956
₽12403
₽8764
₽9300
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
66 000
income

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

-
-
-
9 554
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.

-
-
-
525
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.

-
-
-
6 447
trade
-
-
-
3 639
total
-
-
-
20 165
Employee

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

47 855
-
66 000
-
surtax

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

226
-
525
-
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.

4 112
-
9 554
-
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.

6 447
-
6 447
-
total
10 785
-
16 526
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
18 145
66 000
-
-
income
2 722
9 899
-
-
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
544
-
-
chamber of commerce
168
236
-
-
trade
2 985
10 858
-
-
total
6 025
21 537
-
-
Dividends
12 119
44 462
-
-
surtax

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

147
591
-
-
withholding
2 672
10 757
-
-
total
2 819
11 348
-
-
Income
66 000
66 000
66 000
66 000
Total tax
19 629
32 885
16 526
20 165
After tax
46 371
33 115
49 474
45 835
Living cost
37 071
37 071
37 071
37 071
Free-cash
9 300
-3 956
12 403
8 764

Estimated living cost  is ₽37071 per week

₽24793
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3909
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽553
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7815
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽14054
₽16224
₽19399
₽13953
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
66 000
income
-
-
-
4 015
social contributions
-
-
-
10 295
health
-
-
-
1 683
total
-
-
-
15 993
Employee
72 564
72 564
72 564
-
social contributions
3 526
6 022
4 973
-
income
7 620
6 717
7 095
-
health
722
1 234
1 019
-
total
11 868
13 973
13 087
-
Employer
72 564
72 564
72 564
-
health
786
1 343
1 108
-
social contributions
3 526
6 022
4 973
-
total
4 312
7 365
6 081
-
Corporate
19 212
-
-
-
income
2 401
-
-
-
total
2 401
-
-
-
Dividends
16 811
-
-
-
withholding
2 858
-
-
-
total
2 858
-
-
-
Income
66 000
66 000
66 000
66 000
Total tax
21 439
21 338
19 168
15 993
After tax
44 561
44 662
46 832
50 007
Living cost
30 608
30 608
30 608
30 608
Free-cash
13 953
14 054
16 224
19 399

Estimated living cost  is ₽30608 per week

₽20924
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2391
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽514
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6780
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽20408
₽21388
₽28849
₽20759
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
66 000
income
-
-
-
8 068
unemployment
-
-
-
990
health
-
-
-
4 620
pensions
-
-
-
6 600
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.

24 356
9 693
55 230
-
unemployment
365
145
828
-
pensions
2 436
969
5 523
-
income
2 978
1 185
6 752
-
health
1 705
679
3 866
-
total
7 484
2 978
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.

24 356
9 693
55 230
-
pensions
4 749
1 890
10 770
-
total
4 749
1 890
10 770
-
Corporate
36 894
54 416
-
-
income
3 320
4 897
-
-
total
3 320
4 897
-
-
Dividends
33 574
49 519
-
-
social contributions
6 436
9 545
-
-
withholding
6 379
9 409
-
-
total
12 815
18 954
-
-
Income
66 000
66 000
66 000
66 000
Total tax
28 368
28 719
27 739
20 278
After tax
37 632
37 281
38 261
45 722
Living cost
16 873
16 873
16 873
16 873
Free-cash
20 759
20 408
21 388
28 849

Estimated living cost  is ₽16873 per week

₽11514
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1381
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽337
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3641
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽30007
₽15247
₽12684
₽24145
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
66 000
income
-
-
-
8 743
health
-
-
-
8 580
pensions
-
-
-
13 200
total
-
-
-
30 523
Employee
26 770
-
49 328
-
unemployment
428
-
790
-
pensions
535
-
987
-
income
3 014
-
9 511
-
total
3 977
-
11 288
-
Employer
26 770
-
49 328
-
health
3 479
-
6 413
-
pensions
5 354
-
9 865
-
unemployment
215
-
394
-
total
9 048
-
16 672
-
Corporate
30 181
66 000
-
-
income
6 037
13 200
-
-
total
6 037
13 200
-
-
Dividends
24 144
52 800
-
-
total
-
-
-
-
Income
66 000
66 000
66 000
66 000
Total tax
19 062
13 200
27 960
30 523
After tax
46 938
52 800
38 040
35 477
Living cost
22 793
22 793
22 793
22 793
Free-cash
24 145
30 007
15 247
12 684

Estimated living cost  is ₽22793 per week

₽15634
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1357
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.
₽5344
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽15622
₽12967
₽24516
₽2130
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
66 000
accident
-
-
-
241
income
-
-
-
13 877
other
-
-
-
353
health
-
-
-
2 079
pensions
-
-
-
3 966
total
-
-
-
20 516
Employee
32 984
-
54 827
-
pensions
3 714
-
6 173
-
income
4 525
-
8 441
-
health
3 777
-
6 277
-
total
12 016
-
20 891
-
Employer
32 984
-
54 827
-
pensions
5 363
-
8 915
-
accident
551
-
916
-
unemployment
808
-
1 343
-
total
6 722
-
11 174
-
Corporate
26 294
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.

23 664
59 400
-
-
total
23 664
59 400
-
-
Dividends
2 630
6 600
-
-
withholding
500
1 254
-
-
total
500
1 254
-
-
Income
66 000
66 000
66 000
66 000
Total tax
42 902
60 654
32 065
20 516
After tax
23 098
5 346
33 935
45 484
Living cost
20 968
20 968
20 968
20 968
Free-cash
2 130
-15 622
12 967
24 516

Estimated living cost  is ₽20968 per week

₽15368
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1162
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽438
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4001
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽55109
₽45209
₽57749
₽53687
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
9 489
-
66 000
-
income
1 897
-
13 200
-
total
1 897
-
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%.

56 511
66 000
-
-
total
-
-
-
-
Dividends
56 511
66 000
-
-
withholding
2 825
3 300
-
-
total
2 825
3 300
-
-
Income
66 000
66 000
66 000
66 000
Total tax
4 722
3 300
13 200
660
After tax
61 278
62 700
52 800
65 340
Living cost
7 591
7 591
7 591
7 591
Free-cash
53 687
55 109
45 209
57 749

Estimated living cost  is ₽7591 per week

₽4704
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽631
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽209
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2047
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽23344
₽13544
₽10591
₽16973
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
66 000
income
-
-
-
8 383
other
-
-
-
3 136
health
-
-
-
2 905
pensions

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

-
-
-
15 840
total
-
-
-
30 264
Employee
34 264
-
52 716
-
unemployment
342
-
526
-
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.

2 398
-
3 689
-
income
5 899
-
9 076
-
health
480
-
738
-
total
9 119
-
14 029
-
Employer
34 264
-
52 716
-
health
480
-
738
-
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.

5 825
-
8 961
-
accident
274
-
421
-
unemployment
342
-
526
-
other
1 714
-
2 636
-
total
8 635
-
13 282
-
Corporate
23 101
66 000
-
-
income
4 851
13 861
-
-
total
4 851
13 861
-
-
Dividends
18 250
52 139
-
-
withholding
1 277
3 650
-
-
total
1 277
3 650
-
-
Income
66 000
66 000
66 000
66 000
Total tax
23 882
17 511
27 311
30 264
After tax
42 118
48 489
38 689
35 736
Living cost
25 145
25 145
25 145
25 145
Free-cash
16 973
23 344
13 544
10 591

Estimated living cost  is ₽25145 per week

₽17766
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1698
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽405
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽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 Bratislava model

Close
London , United Kingdom
-₽13485
-₽20695
-₽13631
-₽35247
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
66 000
income
-
-
-
12 327
pensions
-
-
-
4 369
total
-
-
-
16 696
Employee
89 044
-
58 579
-
pensions
8 590
-
4 934
-
income
16 051
-
10 561
-
health
1 467
-
843
-
total
26 108
-
16 338
-
Employer
89 044
-
58 579
-
health
1 691
-
1 113
-
pensions
10 513
-
6 309
-
total
12 204
-
7 422
-
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
-
4 010
-
-
total
-
4 010
-
-
Income
66 000
66 000
66 000
66 000
Total tax
38 312
16 550
23 760
16 696
After tax
27 688
49 450
42 240
49 304
Living cost
62 935
62 935
62 935
62 935
Free-cash
-35 247
-13 485
-20 695
-13 631

Estimated living cost  is ₽62935 per week

₽47158
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7394
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽512
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7871
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽44059
₽36436
₽34929
₽39677
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
66 000
income
-
-
-
9 900
unemployment
-
-
-
132
health
-
-
-
3 790
pensions

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

-
-
-
4 878
total
-
-
-
18 700
Employee
16 380
-
59 534
-
accident

We are using the highest rate at 1.1%.

180
-
363
-
pensions

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

1 438
-
2 894
-
income
1 638
-
5 953
-
health
753
-
1 516
-
total
4 009
-
10 726
-
Employer
16 380
-
59 534
-
health
1 131
-
2 274
-
pensions

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

1 805
-
3 632
-
accident

We are using the highest rate at 1.1%.

180
-
363
-
unemployment
98
-
198
-
total
3 214
-
6 467
-
Corporate
46 405
66 000
-
-
income
4 641
6 600
-
-
total
4 641
6 600
-
-
Dividends
41 765
59 400
-
-
withholding
2 088
2 970
-
-
total
2 088
2 970
-
-
Income
66 000
66 000
66 000
66 000
Total tax
13 952
9 570
17 193
18 700
After tax
52 048
56 430
48 807
47 300
Living cost
12 371
12 371
12 371
12 371
Free-cash
39 677
44 059
36 436
34 929

Estimated living cost  is ₽12371 per week

₽7222
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽883
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽328
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3937
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽35208
-₽40505
-₽14708
-₽36809
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
66 000
income
-
-
-
7 634
health
-
-
-
9 690
pensions
-
-
-
11 056
total
-
-
-
28 380
Employee
87 490
80 585
80 585
-
pensions
11 056
11 056
14 505
-
income

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

13 191
13 191
13 191
-
health
10 915
10 521
12 369
-
total
35 162
34 768
40 065
-
Employer
87 490
80 585
80 585
-
health
6 080
5 602
5 602
-
pensions
6 089
5 609
5 609
-
unemployment
3 150
2 901
2 901
-
total
15 319
14 112
14 112
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
66 000
66 000
66 000
66 000
Total tax
50 481
48 880
54 177
28 380
After tax
15 519
17 120
11 823
37 620
Living cost
52 328
52 328
52 328
52 328
Free-cash
-36 809
-35 208
-40 505
-14 708

Estimated living cost  is ₽52328 per week

₽38600
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4674
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽600
Clothing and shoes. We estimate one pair of shoes and 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

Source of data for Amsterdam model

Close
Brno , Czech Republic
₽22316
₽10369
₽9020
₽14066
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
66 000
income
-
-
-
5 673
social contributions
-
-
-
19 272
solidarity contribution
-
-
-
-
health
-
-
-
8 910
total
-
-
-
33 855
Employee
34 007
-
49 254
-
solidarity contribution
-
-
-
-
social contributions
2 210
-
3 201
-
income
4 081
-
5 910
-
health
4 591
-
6 649
-
total
10 882
-
15 760
-
Employer
34 007
-
49 254
-
health
3 061
-
4 433
-
social contributions
8 502
-
12 313
-
total
11 563
-
16 746
-
Corporate
20 430
66 000
-
-
income
3 882
12 540
-
-
total
3 882
12 540
-
-
Dividends
16 549
53 460
-
-
withholding
2 482
8 019
-
-
total
2 482
8 019
-
-
Income
66 000
66 000
66 000
66 000
Total tax
28 809
20 559
32 506
33 855
After tax
37 191
45 441
33 494
32 145
Living cost
23 125
23 125
23 125
23 125
Free-cash
14 066
22 316
10 369
9 020

Estimated living cost  is ₽23125 per week

₽16063
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1645
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽455
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4962
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽4605
-₽7757
-₽4030
-₽17866
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
66 000
social contributions
-
-
-
16 975
regional
-
-
-
681
municipal
-
-
-
392
national
-
-
-
12 163
total
-
-
-
30 211
Employee
83 867
-
66 000
-
municipal
444
-
349
-
national
14 532
-
10 736
-
regional
791
-
597
-
social contributions
28 280
-
22 256
-
total
44 047
-
33 938
-
Employer
83 867
-
66 000
-
total
-
-
-
-
Corporate
-
66 000
-
-
municipal
-
2 573
-
-
nationa
-
15 840
-
-
total
-
18 413
-
-
Dividends
-
47 587
-
-
withholding
-
12 373
-
-
total
-
12 373
-
-
Income
66 000
66 000
66 000
66 000
Total tax
44 047
30 786
33 938
30 211
After tax
21 953
35 214
32 062
35 789
Living cost
39 819
39 819
39 819
39 819
Free-cash
-17 866
-4 605
-7 757
-4 030

Estimated living cost  is ₽39819 per week

₽27757
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2611
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽611
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8839
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽20691
₽14039
₽15488
₽17753
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
66 000
income
-
-
-
10 668
other
-
-
-
-
surtax
-
-
-
919
unemployment
-
-
-
215
health
-
-
-
4 686
pensions
-
-
-
13 200
total
-
-
-
29 688
Employee
31 207
-
54 523
-
other
-
-
-
-
unemployment
2 172
-
3 795
-
pensions
2 081
-
3 637
-
surtax
102
-
809
-
income
5 231
-
10 030
-
health
797
-
1 391
-
total
10 383
-
19 662
-
Employer
31 207
-
54 523
-
health
1 420
-
2 480
-
pensions
4 160
-
7 267
-
unemployment
989
-
1 728
-
other
-
-
-
-
total
6 569
-
11 475
-
Corporate
28 225
66 000
-
-
income
7 339
17 159
-
-
total
7 339
17 159
-
-
Dividends
20 886
48 841
-
-
withholding
3 132
7 326
-
-
total
3 132
7 326
-
-
Income
66 000
66 000
66 000
66 000
Total tax
27 423
24 485
31 137
29 688
After tax
38 577
41 515
34 863
36 312
Living cost
20 824
20 824
20 824
20 824
Free-cash
17 753
20 691
14 039
15 488

Estimated living cost  is ₽20824 per week

₽12732
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1922
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽480
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5689
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽6454
-₽756
₽6308
-₽1269
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
66 000
income
-
-
-
12 327
pensions
-
-
-
4 369
total
-
-
-
16 696
Employee
59 675
-
58 579
-
pensions
5 065
-
4 934
-
income
10 748
-
10 561
-
health
866
-
843
-
total
16 679
-
16 338
-
Employer
59 675
-
58 579
-
health
1 134
-
1 113
-
pensions
6 460
-
6 309
-
total
7 594
-
7 422
-
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
-
4 010
-
-
total
-
4 010
-
-
Income
66 000
66 000
66 000
66 000
Total tax
24 273
16 550
23 760
16 696
After tax
41 727
49 450
42 240
49 304
Living cost
42 996
42 996
42 996
42 996
Free-cash
-1 269
6 454
-756
6 308

Estimated living cost  is ₽42996 per week

₽32212
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3223
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽450
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7111
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽44450
-₽22261
-₽18876
-₽29655
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
66 000
other

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

-
-
-
1 321
regional
-
-
-
1 679
health
-
-
-
243
city
-
-
-
694
national
-
-
-
236
pensions
-
-
-
6 072
total
-
-
-
10 245
Employee
87 337
-
59 075
-
unemployment
-
-
-
-
pensions
7 337
-
4 963
-
national
413
-
197
-
regional
2 860
-
1 428
-
city
937
-
634
-
health
197
-
132
-
total
11 744
-
7 354
-
Employer
87 337
-
59 075
-
health
197
-
132
-
pensions
7 337
-
4 963
-
unemployment
-
-
-
-
other

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

1 746
-
1 181
-
total
9 280
-
6 276
-
Corporate
-
66 000
-
-
regional
-
13 958
-
-
national
-
5 610
-
-
total
-
19 568
-
-
Dividends
-
46 431
-
-
withholding
-
16 251
-
-
total
-
16 251
-
-
Income
66 000
66 000
66 000
66 000
Total tax
21 024
35 819
13 630
10 245
After tax
44 976
30 181
52 370
55 755
Living cost
74 631
74 631
74 631
74 631
Free-cash
-29 655
-44 450
-22 261
-18 876

Estimated living cost  is ₽74631 per week

₽48531
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6697
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽916
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18486
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽10456
₽6244
₽2449
₽4846
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
66 000
income

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

-
-
-
9 554
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.

-
-
-
525
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.

-
-
-
6 447
trade
-
-
-
3 795
total
-
-
-
20 321
Employee

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

56 713
-
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.

367
-
525
-
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.

6 669
-
9 554
-
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.

6 447
-
6 447
-
total
13 483
-
16 526
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
9 287
66 000
-
-
income
1 393
9 899
-
-
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.

77
544
-
-
chamber of commerce
156
236
-
-
trade
1 592
11 320
-
-
total
3 218
21 999
-
-
Dividends
6 069
44 000
-
-
surtax

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

64
586
-
-
withholding
1 159
10 641
-
-
total
1 223
11 227
-
-
Income
66 000
66 000
66 000
66 000
Total tax
17 924
33 226
16 526
20 321
After tax
48 076
32 774
49 474
45 679
Living cost
43 230
43 230
43 230
43 230
Free-cash
4 846
-10 456
6 244
2 449

Estimated living cost  is ₽43230 per week

₽31573
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3458
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽562
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7638
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽979
₽7306
₽6998
₽6550
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
66 000
income
-
-
-
3 544
other
-
-
-
2 047
surtax
-
-
-
-
social contributions
-
-
-
1 880
health
-
-
-
571
pensions
-
-
-
18 674
total
-
-
-
26 716
Employee
40 388
-
50 293
-
pensions
4 567
-
5 689
-
surtax
-
-
-
-
social contributions
1 151
-
1 433
-
income
2 384
-
3 580
-
total
8 102
-
10 702
-
Employer
40 388
-
50 293
-
health
2 828
-
3 521
-
pensions
6 635
-
8 264
-
unemployment
1 635
-
2 036
-
social contributions
122
-
150
-
other
1 393
-
1 735
-
total
12 613
-
15 706
-
Corporate
13 000
66 000
-
-
income
3 641
18 479
-
-
surtax
-
-
-
-
total
3 641
18 479
-
-
Dividends
9 359
47 521
-
-
surtax
-
-
-
-
social contributions
1 610
8 173
-
-
withholding
1 198
6 083
-
-
total
2 808
14 256
-
-
Income
66 000
66 000
66 000
66 000
Total tax
27 164
32 735
26 408
26 716
After tax
38 836
33 265
39 592
39 284
Living cost
32 286
32 286
32 286
32 286
Free-cash
6 550
979
7 306
6 998

Estimated living cost  is ₽32286 per week

₽20358
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2625
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.
₽8755
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽4178
₽10505
₽10197
₽9419
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
66 000
income
-
-
-
3 544
other
-
-
-
2 047
surtax
-
-
-
-
social contributions
-
-
-
1 880
health
-
-
-
571
pensions
-
-
-
18 674
total
-
-
-
26 716
Employee
36 052
-
50 293
-
pensions
4 078
-
5 689
-
surtax
-
-
-
-
social contributions
1 028
-
1 433
-
income
1 859
-
3 580
-
total
6 965
-
10 702
-
Employer
36 052
-
50 293
-
health
2 523
-
3 521
-
pensions
5 924
-
8 264
-
unemployment
1 459
-
2 036
-
social contributions
107
-
150
-
other
1 245
-
1 735
-
total
11 258
-
15 706
-
Corporate
18 690
66 000
-
-
income
5 233
18 479
-
-
surtax
-
-
-
-
total
5 233
18 479
-
-
Dividends
13 457
47 521
-
-
surtax
-
-
-
-
social contributions
2 315
8 173
-
-
withholding
1 723
6 083
-
-
total
4 038
14 256
-
-
Income
66 000
66 000
66 000
66 000
Total tax
27 494
32 735
26 408
26 716
After tax
38 506
33 265
39 592
39 284
Living cost
29 087
29 087
29 087
29 087
Free-cash
9 419
4 178
10 505
10 197

Estimated living cost  is ₽29087 per week

₽16869
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2955
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽552
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8712
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽20255
₽19115
₽22375
₽20747
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
66 000
income
-
-
-
9 899
social contributions
-
-
-
9 108
health
-
-
-
4 608
total
-
-
-
23 615
Employee
31 996
-
66 000
-
social contributions
4 416
-
9 108
-
income
5 337
-
13 159
-
health
2 233
-
4 608
-
total
11 986
-
26 875
-
Employer
31 996
-
66 000
-
total
-
-
-
-
Corporate
34 004
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%.

1 699
3 300
-
-
total
1 699
3 300
-
-
Dividends
32 305
62 700
-
-
social contributions
4 457
8 653
-
-
withholding
4 846
9 405
-
-
health
2 255
4 377
-
-
total
11 558
22 435
-
-
Income
66 000
66 000
66 000
66 000
Total tax
25 243
25 735
26 875
23 615
After tax
40 757
40 265
39 125
42 385
Living cost
20 010
20 010
20 010
20 010
Free-cash
20 747
20 255
19 115
22 375

Estimated living cost  is ₽20010 per week

₽13392
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1234
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽460
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4923
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽4225
-₽9780
₽2368
₽2763
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
66 000
income
-
-
-
6 886
surtax
-
-
-
186
unemployment
-
-
-
5 788
chamber of commerce
-
-
-
263
health
-
-
-
5 048
pensions
-
-
-
12 210
total
-
-
-
30 381
Employee
47 160
37 607
51 104
-
other
471
376
510
-
unemployment
1 415
1 128
1 533
-
pensions
4 830
3 850
5 233
-
income
5 369
2 774
6 501
-
health
1 825
1 456
1 977
-
total
13 910
9 584
15 754
-
Employer
47 160
37 607
51 104
-
chamber of commerce
188
150
204
-
health
1 782
1 422
1 932
-
pensions
5 919
4 721
6 413
-
accident
612
489
664
-
unemployment
1 415
1 128
1 533
-
surtax
186
186
186
-
payroll
1 415
1 128
1 533
-
other
2 240
1 785
2 428
-
total
13 757
11 009
14 893
-
Corporate
5 083
17 384
47 524
-
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.

1 271
4 346
11 882
-
total
1 271
4 346
11 882
-
Dividends
3 811
13 037
-
-
withholding
1 048
3 585
-
-
total
1 048
3 585
-
-
Income
66 000
66 000
66 000
66 000
Total tax
29 986
28 524
42 529
30 381
After tax
36 014
37 476
23 471
35 619
Living cost
33 251
33 251
33 251
33 251
Free-cash
2 763
4 225
-9 780
2 368

Estimated living cost  is ₽33251 per week

₽22177
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2837
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽546
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7691
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽2713
-₽6975
-₽708
-₽21150
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
66 000
communal

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

-
-
-
3 435
social contributions
-
-
-
8 764
national
-
-
-
20 102
total
-
-
-
32 301
Employee

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

67 501
-
51 117
-
unemployment

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

587
-
444
-
communal

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

3 521
-
2 666
-
pensions

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

5 063
-
3 834
-
national
20 753
-
14 343
-
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.

3 171
-
2 401
-
total
33 095
-
23 688
-
Employer

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

67 501
-
51 117
-
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.

4 151
-
3 145
-
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.

5 981
-
4 529
-
accident

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

877
-
664
-
unemployment

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

985
-
747
-
surtax
7 654
-
5 795
-
total
19 648
-
14 880
-
Corporate
-
66 000
-
-
income
-
13 200
-
-
surtax
-
263
-
-
total
-
13 463
-
-
Dividends
-
52 537
-
-
withholding

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

-
15 417
-
-
total
-
15 417
-
-
Income
66 000
66 000
66 000
66 000
Total tax
52 743
28 880
38 568
32 301
After tax
13 257
37 120
27 432
33 699
Living cost
34 407
34 407
34 407
34 407
Free-cash
-21 150
2 713
-6 975
-708

Estimated living cost  is ₽34407 per week

₽22163
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3009
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.
₽8698
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽10454
₽2015
₽1545
₽2790
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
66 000
accident
-
-
-
595
income
-
-
-
10 574
other
-
-
-
66
unemployment
-
-
-
462
pensions
-
-
-
18 678
total
-
-
-
30 375
Employee
46 973
-
50 046
-
other
47
-
50
-
unemployment
729
-
775
-
pensions
2 208
-
2 351
-
income
9 911
-
10 776
-
total
12 895
-
13 952
-
Employer
46 973
-
50 046
-
pensions
11 085
-
11 810
-
accident
929
-
990
-
unemployment
2 584
-
2 752
-
other
374
-
401
-
total
14 972
-
15 953
-
Corporate
4 054
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.

609
9 899
-
-
total
609
9 899
-
-
Dividends
3 445
56 101
-
-
withholding
654
11 567
-
-
total
654
11 567
-
-
Income
66 000
66 000
66 000
66 000
Total tax
29 130
21 466
29 905
30 375
After tax
36 870
44 534
36 095
35 625
Living cost
34 080
34 080
34 080
34 080
Free-cash
2 790
10 454
2 015
1 545

Estimated living cost  is ₽34080 per week

₽25096
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2418
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.
₽6074
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽10200
-₽7493
-₽8730
-₽14000
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
66 000
communal
-
-
-
-
accident
-
-
-
595
income
-
-
-
3 850
surtax
-
-
-
3 492
health
-
-
-
4 950
pensions
-
-
-
10 560
total
-
-
-
23 447
Employee
71 463
-
58 955
-
pensions
5 716
-
4 717
-
surtax
4 380
-
3 614
-
income
6 903
-
4 210
-
health
3 180
-
2 624
-
total
20 179
-
15 165
-
Employer
71 463
-
58 955
-
health
2 179
-
1 798
-
pensions
5 716
-
4 717
-
accident
643
-
530
-
total
8 538
-
7 045
-
Corporate
-
66 000
-
-
communal
-
4 455
-
-
income
-
9 899
-
-
surtax
-
693
-
-
total
-
15 047
-
-
Dividends
-
50 952
-
-
income
-
2 227
-
-
withholding
-
7 643
-
-
total
-
9 870
-
-
Income
66 000
66 000
66 000
66 000
Total tax
28 717
24 917
22 210
23 447
After tax
37 283
41 083
43 790
42 553
Living cost
51 283
51 283
51 283
51 283
Free-cash
-14 000
-10 200
-7 493
-8 730

Estimated living cost  is ₽51283 per week

₽38470
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3107
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.
₽9162
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽20319
₽13667
₽15116
₽17317
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
66 000
income
-
-
-
10 668
other
-
-
-
-
surtax
-
-
-
919
unemployment
-
-
-
215
health
-
-
-
4 686
pensions
-
-
-
13 200
total
-
-
-
29 688
Employee
31 779
-
54 523
-
other
-
-
-
-
unemployment
2 212
-
3 795
-
pensions
2 120
-
3 637
-
surtax
113
-
809
-
income
5 328
-
10 030
-
health
811
-
1 391
-
total
10 584
-
19 662
-
Employer
31 779
-
54 523
-
health
1 445
-
2 480
-
pensions
4 237
-
7 267
-
unemployment
1 008
-
1 728
-
other
-
-
-
-
total
6 690
-
11 475
-
Corporate
27 530
66 000
-
-
income
7 158
17 159
-
-
total
7 158
17 159
-
-
Dividends
20 372
48 841
-
-
withholding
3 055
7 326
-
-
total
3 055
7 326
-
-
Income
66 000
66 000
66 000
66 000
Total tax
27 487
24 485
31 137
29 688
After tax
38 513
41 515
34 863
36 312
Living cost
21 196
21 196
21 196
21 196
Free-cash
17 317
20 319
13 667
15 116

Estimated living cost  is ₽21196 per week

₽12797
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1843
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽492
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6065
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽9271
₽6352
₽10055
₽7175
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
66 000
social contributions
-
-
-
16 975
regional
-
-
-
995
municipal
-
-
-
392
national
-
-
-
12 163
total
-
-
-
30 525
Employee
52 347
-
66 000
-
municipal
278
-
349
-
national
8 293
-
10 736
-
regional
705
-
887
-
social contributions
17 652
-
22 256
-
total
26 928
-
34 228
-
Employer
52 347
-
66 000
-
total
-
-
-
-
Corporate
13 653
66 000
-
-
municipal
679
3 281
-
-
nationa
3 277
15 840
-
-
total
3 956
19 121
-
-
Dividends
9 698
46 880
-
-
withholding
2 521
12 188
-
-
total
2 521
12 188
-
-
Income
66 000
66 000
66 000
66 000
Total tax
33 405
31 309
34 228
30 525
After tax
32 595
34 691
31 772
35 475
Living cost
25 420
25 420
25 420
25 420
Free-cash
7 175
9 271
6 352
10 055

Estimated living cost  is ₽25420 per week

₽15809
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2575
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽435
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6601
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽16945
₽4998
₽3649
₽6780
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
66 000
income
-
-
-
5 673
social contributions
-
-
-
19 272
solidarity contribution
-
-
-
-
health
-
-
-
8 910
total
-
-
-
33 855
Employee
41 906
-
49 254
-
solidarity contribution
-
-
-
-
social contributions
2 724
-
3 201
-
income
5 029
-
5 910
-
health
5 657
-
6 649
-
total
13 410
-
15 760
-
Employer
41 906
-
49 254
-
health
3 771
-
4 433
-
social contributions
10 476
-
12 313
-
total
14 247
-
16 746
-
Corporate
9 846
66 000
-
-
income
1 871
12 540
-
-
total
1 871
12 540
-
-
Dividends
7 975
53 460
-
-
withholding
1 196
8 019
-
-
total
1 196
8 019
-
-
Income
66 000
66 000
66 000
66 000
Total tax
30 724
20 559
32 506
33 855
After tax
35 276
45 441
33 494
32 145
Living cost
28 496
28 496
28 496
28 496
Free-cash
6 780
16 945
4 998
3 649

Estimated living cost  is ₽28496 per week

₽21191
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1579
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽493
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5233
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽7469
-₽6598
₽5699
₽7004
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
66 000
income
-
-
-
6 886
surtax
-
-
-
-
unemployment
-
-
-
5 788
chamber of commerce
-
-
-
263
health
-
-
-
5 048
pensions
-
-
-
12 210
total
-
-
-
30 195
Employee
41 250
37 607
51 249
-
other
412
376
512
-
unemployment
1 237
1 128
1 538
-
pensions
4 224
3 850
5 249
-
income
3 675
2 774
6 540
-
health
1 596
1 456
1 984
-
total
11 144
9 584
15 823
-
Employer
41 250
37 607
51 249
-
chamber of commerce
165
150
204
-
health
1 560
1 422
1 938
-
pensions
5 177
4 721
6 433
-
accident
535
489
666
-
unemployment
1 237
1 128
1 538
-
surtax
-
-
-
-
payroll
1 237
1 128
1 538
-
other
1 959
1 785
2 434
-
total
11 870
10 823
14 751
-
Corporate
12 878
17 570
47 668
-
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.

3 220
4 393
11 918
-
total
3 220
4 393
11 918
-
Dividends
9 659
13 177
-
-
withholding
2 656
3 625
-
-
total
2 656
3 625
-
-
Income
66 000
66 000
66 000
66 000
Total tax
28 890
28 425
42 492
30 195
After tax
37 110
37 575
23 508
35 805
Living cost
30 106
30 106
30 106
30 106
Free-cash
7 004
7 469
-6 598
5 699

Estimated living cost  is ₽30106 per week

₽18060
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3075
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽537
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8435
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽50871
₽40971
₽53511
₽48652
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
14 787
-
66 000
-
income
2 958
-
13 200
-
total
2 958
-
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%.

51 213
66 000
-
-
total
-
-
-
-
Dividends
51 213
66 000
-
-
withholding
2 561
3 300
-
-
total
2 561
3 300
-
-
Income
66 000
66 000
66 000
66 000
Total tax
5 519
3 300
13 200
660
After tax
60 481
62 700
52 800
65 340
Living cost
11 829
11 829
11 829
11 829
Free-cash
48 652
50 871
40 971
53 511

Estimated living cost  is ₽11829 per week

₽8005
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽497
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽397
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2931
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽20129
₽8187
₽10080
₽12237
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

A sole-trader pays social contribution from 75% of the assessed income made in the last year.

The minimum monthly assessed income used to calculate contributions is 60% of the insured's average monthly wage in the last year.

The maximum assessed income used to calculate contributions is 3.5 times the insured's average monthly wage in the last year.

-
-
-
66 000
income
-
-
-
11 964
unemployment
-
-
-
98
health
-
-
-
6 493
pensions
-
-
-
12 054
total
-
-
-
30 609
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.

41 729
-
57 109
-
unemployment
59
-
81
-
pensions
6 468
-
8 852
-
income
7 196
-
10 988
-
health
2 695
-
3 689
-
total
16 418
-
23 610
-
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.

41 729
-
57 109
-
health
2 779
-
3 804
-
pensions
3 693
-
5 054
-
unemployment
25
-
34
-
total
6 497
-
8 892
-
Corporate
17 774
66 000
-
-
income
3 377
12 541
-
-
total
3 377
12 541
-
-
Dividends
14 396
53 459
-
-
withholding
2 160
8 019
-
-
total
2 160
8 019
-
-
Income
66 000
66 000
66 000
66 000
Total tax
28 452
20 560
32 502
30 609
After tax
37 548
45 440
33 498
35 391
Living cost
25 311
25 311
25 311
25 311
Free-cash
12 237
20 129
8 187
10 080

Estimated living cost  is ₽25311 per week

₽17371
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1622
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.
₽5829
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽176
₽13374
₽5281
-₽73365
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
66 000
income
-
-
-
12 865
social contributions
-
-
-
7 524
total
-
-
-
20 389
Employee
57 828
-
-
-
social contributions
4 742
-
676
-
income
12 756
-
-
-
total
17 498
-
676
-
Employer
57 828
-
-
-
social contributions
81 537
-
11 620
-
total
81 537
-
11 620
-
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
99 035
25 846
12 296
20 389
After tax
-33 035
40 154
53 704
45 611
Living cost
40 330
40 330
40 330
40 330
Free-cash
-73 365
-176
13 374
5 281

Estimated living cost  is ₽40330 per week

₽26168
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3793
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽514
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9855
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽7941
₽5692
₽8028
₽6991
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

Based on articles 30.º, 31.º and 151.º of CIRS, sole-trader can use 75% of income as a tax base when earnings are below €200,000 per annum.

-
-
-
66 000
income
-
-
-
5 437
surtax
-
-
-
-
social contributions

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

-
-
-
22 935
total
-
-
-
28 372
Employee
43 401
-
53 334
-
surtax
-
-
-
-
social contributions
4 774
-
5 867
-
income
9 028
-
12 175
-
total
13 802
-
18 042
-
Employer
43 401
-
53 334
-
social contributions
10 308
-
12 666
-
total
10 308
-
12 666
-
Corporate
12 291
66 000
-
-
income
2 581
13 861
-
-
surtax
-
-
-
-
total
2 581
13 861
-
-
Dividends
9 710
52 139
-
-
withholding
2 718
14 598
-
-
total
2 718
14 598
-
-
Income
66 000
66 000
66 000
66 000
Total tax
29 409
28 459
30 708
28 372
After tax
36 591
37 541
35 292
37 628
Living cost
29 600
29 600
29 600
29 600
Free-cash
6 991
7 941
5 692
8 028

Estimated living cost  is ₽29600 per week

₽22147
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1746
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽494
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5213
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽12313
-₽5986
-₽6294
-₽11562
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
66 000
income
-
-
-
3 544
other
-
-
-
2 047
surtax
-
-
-
-
social contributions
-
-
-
1 880
health
-
-
-
571
pensions
-
-
-
18 674
total
-
-
-
26 716
Employee
59 104
-
50 293
-
pensions
6 685
-
5 689
-
surtax
-
-
-
-
social contributions
1 683
-
1 433
-
income
5 157
-
3 580
-
total
13 525
-
10 702
-
Employer
59 104
-
50 293
-
health
4 137
-
3 521
-
pensions
9 711
-
8 264
-
unemployment
2 394
-
2 036
-
social contributions
177
-
150
-
other
2 040
-
1 735
-
total
18 459
-
15 706
-
Corporate
-
66 000
-
-
income
-
18 479
-
-
surtax
-
-
-
-
total
-
18 479
-
-
Dividends
-
47 521
-
-
surtax
-
-
-
-
social contributions
-
8 173
-
-
withholding
-
6 083
-
-
total
-
14 256
-
-
Income
66 000
66 000
66 000
66 000
Total tax
31 984
32 735
26 408
26 716
After tax
34 016
33 265
39 592
39 284
Living cost
45 578
45 578
45 578
45 578
Free-cash
-11 562
-12 313
-5 986
-6 294

Estimated living cost  is ₽45578 per week

₽30846
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3728
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.
₽10378
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽31033
₽24540
₽22689
₽27863
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
66 000
income
-
-
-
424
social contributions
-
-
-
14 521
total
-
-
-
14 945
Employee
30 338
-
57 143
-
income
-
-
523
-
social contributions
1 972
-
3 714
-
total
1 972
-
4 237
-
Employer
30 338
-
57 143
-
social contributions
4 703
-
8 857
-
total
4 703
-
8 857
-
Corporate
30 959
66 000
-
-
income
3 096
6 601
-
-
total
3 096
6 601
-
-
Dividends
27 863
59 399
-
-
total
-
-
-
-
Income
66 000
66 000
66 000
66 000
Total tax
9 771
6 601
13 094
14 945
After tax
56 229
59 399
52 906
51 055
Living cost
28 366
28 366
28 366
28 366
Free-cash
27 863
31 033
24 540
22 689

Estimated living cost  is ₽28366 per week

₽18341
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2138
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.
₽7353
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽139592
-₽139592
-₽3363
-₽139592
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
66 000
labour market
-
-
-
5 215
municipal
-
-
-
11 319
national
-
-
-
6 567
pensions
-
-
-
818
total
-
-
-
23 919
Employee
191 810
191 810
191 810
-
municipal
40 845
40 845
40 845
-
labour market
15 323
15 323
15 323
-
pensions
273
273
273
-
national
23 433
23 433
23 433
-
total
79 874
79 874
79 874
-
Employer
191 810
191 810
191 810
-
national
23 474
23 474
23 474
-
labour market
15 345
15 345
15 345
-
pensions
545
545
545
-
municipal
40 910
40 910
40 910
-
total
80 274
80 274
80 274
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
66 000
66 000
66 000
66 000
Total tax
160 148
160 148
160 148
23 919
After tax
-94 148
-94 148
-94 148
42 081
Living cost
45 444
45 444
45 444
45 444
Free-cash
-139 592
-139 592
-139 592
-3 363

Estimated living cost  is ₽45444 per week

₽31103
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4020
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽699
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9623
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽15313
₽13276
₽24825
₽2177
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
66 000
accident
-
-
-
241
income
-
-
-
13 877
other
-
-
-
353
health
-
-
-
2 079
pensions
-
-
-
3 966
total
-
-
-
20 516
Employee
32 498
-
54 827
-
pensions
3 660
-
6 173
-
income
4 458
-
8 441
-
health
3 721
-
6 277
-
total
11 839
-
20 891
-
Employer
32 498
-
54 827
-
pensions
5 284
-
8 915
-
accident
543
-
916
-
unemployment
796
-
1 343
-
total
6 623
-
11 174
-
Corporate
26 879
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.

24 191
59 400
-
-
total
24 191
59 400
-
-
Dividends
2 688
6 600
-
-
withholding
511
1 254
-
-
total
511
1 254
-
-
Income
66 000
66 000
66 000
66 000
Total tax
43 164
60 654
32 065
20 516
After tax
22 836
5 346
33 935
45 484
Living cost
20 659
20 659
20 659
20 659
Free-cash
2 177
-15 313
13 276
24 825

Estimated living cost  is ₽20659 per week

₽15037
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1178
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽388
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4056
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽8958
₽3665
₽13311
₽4833
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

You can choose the amount to declare for pension contributions and choose a pension insurance company or a pension insurance fund you prefer to use; or you could opt out of pension contributions altogether. You can find more details on Finnish Centre for Pensions

-
-
-
66 000
health
-
-
-
623
municipal
-
-
-
11 767
national
-
-
-
4 069
total
-
-
-
16 459
Employee
49 648
-
55 522
-
municipal
8 132
-
9 086
-
unemployment
745
-
833
-
pensions
3 351
-
3 748
-
national
820
-
1 497
-
health
371
-
462
-
total
13 419
-
15 626
-
Employer
49 648
-
55 522
-
health
381
-
428
-
pensions
8 614
-
9 633
-
accident
50
-
56
-
unemployment
322
-
362
-
total
9 367
-
10 479
-
Corporate
6 984
66 000
-
-
income
1 397
13 200
-
-
total
1 397
13 200
-
-
Dividends

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

4 190
39 600
-
-
municipal
754
7 127
-
-
national
-
485
-
-
total
754
7 612
-
-
Income
66 000
66 000
66 000
66 000
Total tax
24 937
20 812
26 105
16 459
After tax
41 063
45 188
39 895
49 541
Living cost
36 230
36 230
36 230
36 230
Free-cash
4 833
8 958
3 665
13 311

Estimated living cost  is ₽36230 per week

₽23665
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3485
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽577
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8504
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽22813
₽24983
₽28158
₽21491
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
66 000
income
-
-
-
4 015
social contributions
-
-
-
10 295
health
-
-
-
1 683
total
-
-
-
15 993
Employee
72 564
72 564
72 564
-
social contributions
2 743
6 022
4 973
-
income
7 901
6 717
7 095
-
health
562
1 234
1 019
-
total
11 206
13 973
13 087
-
Employer
72 564
72 564
72 564
-
health
611
1 343
1 108
-
social contributions
2 743
6 022
4 973
-
total
3 354
7 365
6 081
-
Corporate
29 591
-
-
-
income
3 698
-
-
-
total
3 698
-
-
-
Dividends
25 893
-
-
-
withholding
4 402
-
-
-
total
4 402
-
-
-
Income
66 000
66 000
66 000
66 000
Total tax
22 660
21 338
19 168
15 993
After tax
43 340
44 662
46 832
50 007
Living cost
21 849
21 849
21 849
21 849
Free-cash
21 491
22 813
24 983
28 158

Estimated living cost  is ₽21849 per week

₽13094
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2144
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽484
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6128
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽39672
₽25825
₽35684
₽34873
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

By law (Article 9 §1 (7); Article 10 §1 (7); Article 11 §1 (5)) a social contribution base is set as:

  • up to €9,000.00, 60% of the average monthly wage in Montenegro
  • up to €15,000.00, 100% of the average monthly wage in Montenegro
  • in excess of €15,000, 150% of the average monthly wage in Montenegro
-
-
-
66 000
income
-
-
-
5 888
unemployment
-
-
-
27
health
-
-
-
3 415
pensions
-
-
-
6 003
total
-
-
-
15 333
Employee

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

21 660
-
59 836
-
unemployment
107
-
299
-
pensions
3 248
-
8 975
-
income
1 481
-
4 669
-
health
1 841
-
5 086
-
total
6 677
-
19 029
-
Employer

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

21 660
-
59 836
-
health
931
-
2 573
-
pensions
1 191
-
3 291
-
unemployment
107
-
299
-
total
2 229
-
6 163
-
Corporate
42 110
66 000
-
-
income
3 789
5 940
-
-
total
3 789
5 940
-
-
Dividends
38 321
60 060
-
-
withholding
3 449
5 405
-
-
total
3 449
5 405
-
-
Income
66 000
66 000
66 000
66 000
Total tax
16 144
11 345
25 192
15 333
After tax
49 856
54 655
40 808
50 667
Living cost
14 983
14 983
14 983
14 983
Free-cash
34 873
39 672
25 825
35 684

Estimated living cost  is ₽14983 per week

₽9559
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1080
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽446
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3897
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽18584
₽10145
₽9675
₽13634
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
66 000
accident
-
-
-
595
income
-
-
-
10 574
other
-
-
-
66
unemployment
-
-
-
462
pensions
-
-
-
18 678
total
-
-
-
30 375
Employee
34 893
-
50 046
-
other
34
-
50
-
unemployment
541
-
775
-
pensions
1 640
-
2 351
-
income
6 727
-
10 776
-
total
8 942
-
13 952
-
Employer
34 893
-
50 046
-
pensions
8 234
-
11 810
-
accident
691
-
990
-
unemployment
1 920
-
2 752
-
other
279
-
401
-
total
11 124
-
15 953
-
Corporate
19 983
66 000
-
-
income

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

2 998
9 899
-
-
total
2 998
9 899
-
-
Dividends
16 985
56 101
-
-
withholding
3 352
11 567
-
-
total
3 352
11 567
-
-
Income
66 000
66 000
66 000
66 000
Total tax
26 416
21 466
29 905
30 375
After tax
39 584
44 534
36 095
35 625
Living cost
25 950
25 950
25 950
25 950
Free-cash
13 634
18 584
10 145
9 675

Estimated living cost  is ₽25950 per week

₽17516
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2495
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽455
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5485
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽39279
₽39742
₽39877
₽38966
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
66 000
income
-
-
-
21 822
health
-
-
-
1 007
pensions
-
-
-
1 389
total
-
-
-
24 218
Employee
2 901
-
64 437
-
unemployment
29
-
69
-
pensions
261
-
625
-
income
561
-
21 749
-
health
145
-
347
-
total
996
-
22 790
-
Employer
2 901
-
64 437
-
health
276
-
660
-
pensions
319
-
764
-
unemployment
58
-
139
-
total
653
-
1 563
-
Corporate
62 446
66 000
-
-
income
13 738
14 520
-
-
total
13 738
14 520
-
-
Dividends
48 708
51 480
-
-
withholding
9 742
10 296
-
-
total
9 742
10 296
-
-
Income
66 000
66 000
66 000
66 000
Total tax
25 129
24 816
24 353
24 218
After tax
40 871
41 184
41 647
41 782
Living cost
1 905
1 905
1 905
1 905
Free-cash
38 966
39 279
39 742
39 877

Estimated living cost  is ₽1905 per week

₽1132
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽154
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽44
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽575
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽31364
₽18545
₽16004
₽26721
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

-
-
-
66 000
income
-
-
-
8 727
unemployment
-
-
-
990
health
-
-
-
6 798
pensions
-
-
-
17 160
total
-
-
-
33 675
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.

24 612
-
55 980
-
unemployment
185
-
420
-
pensions
3 446
-
7 837
-
income
3 393
-
9 973
-
health
1 267
-
2 883
-
total
8 291
-
21 113
-
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.

24 612
-
55 980
-
health
1 267
-
2 883
-
pensions
2 953
-
6 718
-
unemployment
185
-
420
-
total
4 405
-
10 021
-
Corporate
36 983
66 000
-
-
income
5 547
9 900
-
-
total
5 547
9 900
-
-
Dividends
31 435
56 100
-
-
withholding
4 715
8 415
-
-
total
4 715
8 415
-
-
Income
66 000
66 000
66 000
66 000
Total tax
22 958
18 315
31 134
33 675
After tax
43 042
47 685
34 866
32 325
Living cost
16 321
16 321
16 321
16 321
Free-cash
26 721
31 364
18 545
16 004

Estimated living cost  is ₽16321 per week

₽10989
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1262
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽472
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3597
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽12100
₽9851
₽12187
₽11759
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

Based on articles 30.º, 31.º and 151.º of CIRS, sole-trader can use 75% of income as a tax base when earnings are below €200,000 per annum.

-
-
-
66 000
income
-
-
-
5 437
surtax
-
-
-
-
social contributions

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

-
-
-
22 935
total
-
-
-
28 372
Employee
36 626
-
53 334
-
surtax
-
-
-
-
social contributions
4 029
-
5 867
-
income
7 156
-
12 175
-
total
11 185
-
18 042
-
Employer
36 626
-
53 334
-
social contributions
8 698
-
12 666
-
total
8 698
-
12 666
-
Corporate
20 676
66 000
-
-
income
4 343
13 861
-
-
surtax
-
-
-
-
total
4 343
13 861
-
-
Dividends
16 334
52 139
-
-
withholding
4 574
14 598
-
-
total
4 574
14 598
-
-
Income
66 000
66 000
66 000
66 000
Total tax
28 800
28 459
30 708
28 372
After tax
37 200
37 541
35 292
37 628
Living cost
25 441
25 441
25 441
25 441
Free-cash
11 759
12 100
9 851
12 187

Estimated living cost  is ₽25441 per week

₽18019
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1768
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽451
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5204
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽11369
₽2930
₽2460
₽4055
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
66 000
accident
-
-
-
595
income
-
-
-
10 574
other
-
-
-
66
unemployment
-
-
-
462
pensions
-
-
-
18 678
total
-
-
-
30 375
Employee
45 575
-
50 046
-
other
45
-
50
-
unemployment
706
-
775
-
pensions
2 142
-
2 351
-
income
9 519
-
10 776
-
total
12 412
-
13 952
-
Employer
45 575
-
50 046
-
pensions
10 755
-
11 810
-
accident
903
-
990
-
unemployment
2 507
-
2 752
-
other
365
-
401
-
total
14 530
-
15 953
-
Corporate
5 895
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.

885
9 899
-
-
total
885
9 899
-
-
Dividends
5 010
56 101
-
-
withholding
953
11 567
-
-
total
953
11 567
-
-
Income
66 000
66 000
66 000
66 000
Total tax
28 780
21 466
29 905
30 375
After tax
37 220
44 534
36 095
35 625
Living cost
33 165
33 165
33 165
33 165
Free-cash
4 055
11 369
2 930
2 460

Estimated living cost  is ₽33165 per week

₽23817
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2579
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽467
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6302
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽40199
₽32576
₽31069
₽34448
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
66 000
income
-
-
-
9 900
unemployment
-
-
-
132
health
-
-
-
3 790
pensions

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

-
-
-
4 878
total
-
-
-
18 700
Employee
21 492
-
59 534
-
accident

We are using the highest rate at 1.1%.

236
-
363
-
pensions

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

1 887
-
2 894
-
income
2 150
-
5 953
-
health
989
-
1 516
-
total
5 262
-
10 726
-
Employer
21 492
-
59 534
-
health
1 483
-
2 274
-
pensions

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

2 368
-
3 632
-
accident

We are using the highest rate at 1.1%.

236
-
363
-
unemployment
129
-
198
-
total
4 216
-
6 467
-
Corporate
40 291
66 000
-
-
income
4 029
6 600
-
-
total
4 029
6 600
-
-
Dividends
36 262
59 400
-
-
withholding
1 814
2 970
-
-
total
1 814
2 970
-
-
Income
66 000
66 000
66 000
66 000
Total tax
15 321
9 570
17 193
18 700
After tax
50 679
56 430
48 807
47 300
Living cost
16 231
16 231
16 231
16 231
Free-cash
34 448
40 199
32 576
31 069

Estimated living cost  is ₽16231 per week

₽10735
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽929
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.
₽4180
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽2300
₽13042
₽9867
₽10044
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
66 000
income

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

-
-
-
9 554
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.

-
-
-
525
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.

-
-
-
6 447
trade
-
-
-
3 175
total
-
-
-
19 701
Employee

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

46 953
-
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.

213
-
525
-
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.

3 861
-
9 554
-
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.

6 447
-
6 447
-
total
10 521
-
16 526
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
19 047
66 000
-
-
income
2 856
9 899
-
-
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.

158
544
-
-
chamber of commerce
172
240
-
-
trade
2 733
9 471
-
-
total
5 919
20 154
-
-
Dividends
13 128
45 845
-
-
surtax

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

161
611
-
-
withholding
2 923
11 103
-
-
total
3 084
11 714
-
-
Income
66 000
66 000
66 000
66 000
Total tax
19 524
31 868
16 526
19 701
After tax
46 476
34 132
49 474
46 299
Living cost
36 432
36 432
36 432
36 432
Free-cash
10 044
-2 300
13 042
9 867

Estimated living cost  is ₽36432 per week

₽25132
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3920
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽528
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6852
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽7556
-₽3828
-₽3828
-₽7817
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
66 000
income
-
-
-
10 802
social contributions
-
-
-
5 271
total
-
-
-
16 073
Employee
73 816
-
66 000
-
income
13 929
-
10 802
-
social contributions
6 133
-
5 271
-
total
20 062
-
16 073
-
Employer
73 816
-
66 000
-
total
-
-
-
-
Corporate
-
66 000
-
-
income
-
8 250
-
-
total
-
8 250
-
-
Dividends
-
57 750
-
-
withholding
-
11 551
-
-
total
-
11 551
-
-
Income
66 000
66 000
66 000
66 000
Total tax
20 062
19 801
16 073
16 073
After tax
45 938
46 199
49 927
49 927
Living cost
53 755
53 755
53 755
53 755
Free-cash
-7 817
-7 556
-3 828
-3 828

Estimated living cost  is ₽53755 per week

₽40896
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4380
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽514
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7965
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽3660
₽13774
-₽826
₽9126
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We use The Residence Programme or The Global Residence Programme.

-
-
-
66 000
income
-
-
-
26 862
health

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

-
-
-
5 709
total
-
-
-
32 571
Employee
43 290
-
61 659
-
income
4 697
-
9 289
-
social contributions
4 337
-
4 341
-
total
9 034
-
13 630
-
Employer
43 290
-
61 659
-
social contributions
4 337
-
4 341
-
total
4 337
-
4 341
-
Corporate
18 373
66 000
-
-
income
6 431
23 099
-
-
total
6 431
23 099
-
-
Dividends
11 942
42 901
-
-
social contributions
2 817
4 986
-
-
total
2 817
4 986
-
-
Income
66 000
66 000
66 000
66 000
Total tax
22 619
28 085
17 971
32 571
After tax
43 381
37 915
48 029
33 429
Living cost
34 255
34 255
34 255
34 255
Free-cash
9 126
3 660
13 774
-826

Estimated living cost  is ₽34255 per week

₽22564
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2701
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.
₽8465
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽14496
₽7286
₽14350
₽9189
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
66 000
income
-
-
-
12 327
pensions
-
-
-
4 369
total
-
-
-
16 696
Employee
47 979
-
58 579
-
pensions
3 662
-
4 934
-
income
8 737
-
10 561
-
health
626
-
843
-
total
13 025
-
16 338
-
Employer
47 979
-
58 579
-
health
912
-
1 113
-
pensions
4 847
-
6 309
-
total
5 759
-
7 422
-
Corporate
12 261
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.

2 329
12 540
-
-
total
2 329
12 540
-
-
Dividends
9 932
53 460
-
-
withholding
744
4 010
-
-
total
744
4 010
-
-
Income
66 000
66 000
66 000
66 000
Total tax
21 857
16 550
23 760
16 696
After tax
44 143
49 450
42 240
49 304
Living cost
34 954
34 954
34 954
34 954
Free-cash
9 189
14 496
7 286
14 350

Estimated living cost  is ₽34954 per week

₽23978
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3214
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.
₽7322
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽17358
₽11231
₽22780
₽1864
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
66 000
accident
-
-
-
241
income
-
-
-
13 877
other
-
-
-
353
health
-
-
-
2 079
pensions
-
-
-
3 966
total
-
-
-
20 516
Employee
35 715
-
54 827
-
pensions
4 022
-
6 173
-
income
4 900
-
8 441
-
health
4 089
-
6 277
-
total
13 011
-
20 891
-
Employer
35 715
-
54 827
-
pensions
5 807
-
8 915
-
accident
596
-
916
-
unemployment
875
-
1 343
-
total
7 278
-
11 174
-
Corporate
23 007
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.

20 706
59 400
-
-
total
20 706
59 400
-
-
Dividends
2 300
6 600
-
-
withholding
437
1 254
-
-
total
437
1 254
-
-
Income
66 000
66 000
66 000
66 000
Total tax
41 432
60 654
32 065
20 516
After tax
24 568
5 346
33 935
45 484
Living cost
22 704
22 704
22 704
22 704
Free-cash
1 864
-17 358
11 231
22 780

Estimated living cost  is ₽22704 per week

₽16662
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1323
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.
₽4261
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Poland permits registration as a sole-trader only for EU nationals or long-term EU resident permit holders. Other nationals should use a business incubator or set up a company and hire themselves as an employee.

Source of data for Warsaw model

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Skopje , Macedonia
₽43352
₽25736
₽25736
₽38763
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

Sole-trader should pay social contributions from a minimum of 50% of an average salary to a maximum of twelve average salaries. The minimum personal income for the first year should be at least 50% of an average salary.

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

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

20 397
-
66 000
-
health insurance
1 509
-
4 884
-
unemployment
245
-
792
-
work injury
102
-
330
-
pensions
3 753
-
12 144
-
income
2 040
-
9 366
-
total
7 649
-
27 516
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
45 603
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
45 603
66 000
-
-
withholding
6 840
9 900
-
-
total
6 840
9 900
-
-
Income
66 000
66 000
66 000
66 000
Total tax
14 489
9 900
27 516
27 516
After tax
51 511
56 100
38 484
38 484
Living cost
12 748
12 748
12 748
12 748
Free-cash
38 763
43 352
25 736
25 736

Estimated living cost  is ₽12748 per week

₽7898
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽926
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽398
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3526
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Skopje model

Close
Rome , Italy
-₽2828
-₽5904
-₽2242
-₽13520
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
66 000
social contributions
-
-
-
16 975
regional
-
-
-
1 070
municipal
-
-
-
441
national
-
-
-
12 163
total
-
-
-
30 649
Employee
79 519
-
66 000
-
municipal
475
-
394
-
national
13 438
-
10 736
-
regional
1 201
-
925
-
social contributions
26 813
-
22 256
-
total
41 927
-
34 311
-
Employer
79 519
-
66 000
-
total
-
-
-
-
Corporate
-
66 000
-
-
municipal
-
3 180
-
-
nationa
-
15 840
-
-
total
-
19 020
-
-
Dividends
-
46 980
-
-
withholding
-
12 215
-
-
total
-
12 215
-
-
Income
66 000
66 000
66 000
66 000
Total tax
41 927
31 235
34 311
30 649
After tax
24 073
34 765
31 689
35 351
Living cost
37 593
37 593
37 593
37 593
Free-cash
-13 520
-2 828
-5 904
-2 242

Estimated living cost  is ₽37593 per week

₽26407
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2586
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽568
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8032
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rome model

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