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
₽2740
₽13966
₽16188
₽19153
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
66 000
trade
-
-
-
2 965
income

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

-
-
-
8 702
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.

-
-
-
6 932
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.

-
-
-
479
total
-
-
-
19 078
Employee

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

38 810
-
66 000
-
health

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

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

6 932
-
6 932
-
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.

60
-
479
-
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.

1 084
-
8 702
-
total
8 076
-
16 113
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
27 190
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.

223
545
-
-
income
4 078
9 899
-
-
trade
4 282
10 394
-
-
chamber of commerce
193
248
-
-
total
8 776
21 086
-
-
Dividends
18 414
44 913
-
-
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.

231
597
-
-
withholding
4 217
10 843
-
-
total
4 448
11 440
-
-
Income
66 000
66 000
66 000
66 000
Total tax
21 300
32 526
16 113
19 078
After tax
44 700
33 474
49 887
46 922
Living cost
30 734
30 734
30 734
30 734
Free-cash
13 966
2 740
19 153
16 188

Estimated living cost  is ₽30734 per week

₽19333
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3583
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.
₽7244
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽9942
-₽20446
-₽10173
-₽9655
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
66 000
municipal
-
-
-
6 439
pensions
-
-
-
7 920
national
-
-
-
9 979
social contributions
-
-
-
709
total
-
-
-
25 047
Employee
79 255
-
57 056
-
municipal
9 789
-
6 695
-
pensions
3 170
-
2 282
-
national
15 169
-
10 374
-
total
28 128
-
19 351
-
Employer
79 255
-
57 056
-
social contributions
852
-
613
-
pensions
6 340
-
4 565
-
total
7 192
-
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
35 320
24 816
24 529
25 047
After tax
30 680
41 184
41 471
40 953
Living cost
51 126
51 126
51 126
51 126
Free-cash
-20 446
-9 942
-9 655
-10 173

Estimated living cost  is ₽51126 per week

₽34750
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4753
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽765
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10858
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽31690
₽23366
₽31797
₽16496
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
microenterprise
-
-
-
9 899
income
-
-
-
-
surtax
-
-
-
-
social contributions

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

-
-
-
3 194
total
-
-
-
13 093
Employee
29 650
-
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.

3 262
-
5 850
-
surtax
-
-
-
-
income
5 278
-
9 731
-
total
8 540
-
15 581
-
Employer
29 650
-
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.

7 142
-
12 813
-
surtax
-
-
-
-
total
7 142
-
12 813
-
Corporate
29 208
66 000
-
-
income

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

5 842
13 200
-
-
total
5 842
13 200
-
-
Dividends

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

23 366
52 800
-
-
total
-
-
-
-
Income
66 000
66 000
66 000
66 000
Total tax
21 524
13 200
28 394
13 093
After tax
44 476
52 800
37 606
52 907
Living cost
21 110
21 110
21 110
21 110
Free-cash
23 366
31 690
16 496
31 797

Estimated living cost  is ₽21110 per week

₽13467
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2010
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽479
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5153
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽29064
-₽34760
-₽4846
-₽34760
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
6 328
pensions
-
-
-
11 879
health
-
-
-
10 132
total
-
-
-
28 339
Employee
86 650
86 650
86 650
-
health
13 300
11 313
13 300
-
income

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

14 183
14 183
14 183
-
pensions
15 597
11 888
15 597
-
total
43 080
37 384
43 080
-
Employer
86 650
86 650
86 650
-
unemployment
3 119
3 119
3 119
-
pensions
6 031
6 031
6 031
-
health
6 023
6 023
6 023
-
total
15 173
15 173
15 173
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
66 000
66 000
66 000
66 000
Total tax
58 253
52 557
58 253
28 339
After tax
7 747
13 443
7 747
37 661
Living cost
42 507
42 507
42 507
42 507
Free-cash
-34 760
-29 064
-34 760
-4 846

Estimated living cost  is ₽42507 per week

₽30123
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3832
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽676
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7876
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽3069
-₽7228
-₽6206
-₽3861
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
66 000
municipal
-
-
-
13 980
accident
-
-
-
132
pensions
-
-
-
7 135
other
-
-
-
7 669
unemployment
-
-
-
66
health
-
-
-
4 119
national
-
-
-
-
total
-
-
-
33 101
Employee
55 722
-
50 221
-
municipal
16 616
-
14 976
-
national
-
-
-
-
total
16 616
-
14 976
-
Employer
55 722
-
50 221
-
accident
111
-
100
-
other
6 475
-
5 836
-
unemployment
1 471
-
1 326
-
pensions
6 023
-
5 429
-
health
3 427
-
3 089
-
total
17 507
-
15 780
-
Corporate
-
66 000
-
-
income
-
14 520
-
-
total
-
14 520
-
-
Dividends
-
51 480
-
-
withholding
-
15 444
-
-
total
-
15 444
-
-
Income
66 000
66 000
66 000
66 000
Total tax
34 123
29 964
30 756
33 101
After tax
31 877
36 036
35 244
32 899
Living cost
39 105
39 105
39 105
39 105
Free-cash
-7 228
-3 069
-3 861
-6 206

Estimated living cost  is ₽39105 per week

₽25918
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3837
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽594
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8757
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽6725
₽7530
₽6930
₽10026
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
66 000
trade
-
-
-
3 096
income

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

-
-
-
8 702
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.

-
-
-
6 932
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.

-
-
-
479
total
-
-
-
19 209
Employee

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

51 457
-
66 000
-
health

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

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

6 932
-
6 932
-
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.

243
-
479
-
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.

4 421
-
8 702
-
total
11 596
-
16 113
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
14 543
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.

119
545
-
-
income
2 182
9 899
-
-
trade
2 392
10 856
-
-
chamber of commerce
175
248
-
-
total
4 868
21 548
-
-
Dividends
9 675
44 451
-
-
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.

112
589
-
-
withholding
2 033
10 727
-
-
total
2 145
11 316
-
-
Income
66 000
66 000
66 000
66 000
Total tax
18 609
32 864
16 113
19 209
After tax
47 391
33 136
49 887
46 791
Living cost
39 861
39 861
39 861
39 861
Free-cash
7 530
-6 725
10 026
6 930

Estimated living cost  is ₽39861 per week

₽26659
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4203
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽595
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8403
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽10143
₽11397
₽17810
₽13247
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 300
health
-
-
-
1 683
social contributions
-
-
-
10 296
total
-
-
-
15 279
Employee
78 025
78 025
78 025
-
social contributions
3 791
6 476
4 974
-
health
776
1 327
1 019
-
income
8 193
7 223
7 766
-
total
12 760
15 026
13 759
-
Employer
78 025
78 025
78 025
-
social contributions
3 791
6 476
4 974
-
health
845
1 444
1 109
-
total
4 636
7 920
6 083
-
Corporate
15 691
-
-
-
income
1 962
-
-
-
total
1 962
-
-
-
Dividends
13 729
-
-
-
withholding
2 334
-
-
-
total
2 334
-
-
-
Income
66 000
66 000
66 000
66 000
Total tax
21 692
22 946
19 842
15 279
After tax
44 308
43 054
46 158
50 721
Living cost
32 911
32 911
32 911
32 911
Free-cash
11 397
10 143
13 247
17 810

Estimated living cost  is ₽32911 per week

₽22498
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2571
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽7290
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽18837
₽19221
₽27245
₽19785
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

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

As of 2018, the minimum salary of a managing director was set at 180,500 HUF per month.

The minimum wage is 138,000 HUF per month.

26 671
10 615
55 230
-
health
1 867
743
3 866
-
income
3 260
1 298
6 752
-
pensions
2 667
1 061
5 523
-
unemployment
400
159
828
-
total
8 194
3 261
16 969
-
Employer

As of 2018, the minimum salary of a managing director was set at 180,500 HUF per month.

The minimum wage is 138,000 HUF per month.

26 671
10 615
55 230
-
pensions
5 201
2 070
10 770
-
total
5 201
2 070
10 770
-
Corporate
34 129
53 316
-
-
income
3 072
4 798
-
-
total
3 072
4 798
-
-
Dividends
31 057
48 517
-
-
social contributions
5 935
9 340
-
-
withholding
5 901
9 218
-
-
total
11 836
18 558
-
-
Income
66 000
66 000
66 000
66 000
Total tax
28 303
28 687
27 739
20 279
After tax
37 697
37 313
38 261
45 721
Living cost
18 476
18 476
18 476
18 476
Free-cash
19 221
18 837
19 785
27 245

Estimated living cost  is ₽18476 per week

₽12608
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1512
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽369
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3987
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28292
₽21989
₽11345
₽13641
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 367
pensions
-
-
-
13 200
health
-
-
-
8 580
total
-
-
-
30 147
Employee
28 785
-
49 327
-
income
3 241
-
9 402
-
pensions
576
-
986
-
unemployment
460
-
789
-
total
4 277
-
11 177
-
Employer
28 785
-
49 327
-
unemployment
231
-
395
-
pensions
5 757
-
9 867
-
health
3 741
-
6 412
-
total
9 729
-
16 674
-
Corporate
27 485
66 000
-
-
income
5 497
13 200
-
-
total
5 497
13 200
-
-
Dividends
21 988
52 800
-
-
total
-
-
-
-
Income
66 000
66 000
66 000
66 000
Total tax
19 503
13 200
27 851
30 147
After tax
46 497
52 800
38 149
35 853
Living cost
24 508
24 508
24 508
24 508
Free-cash
21 989
28 292
13 641
11 345

Estimated living cost  is ₽24508 per week

₽16810
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1460
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.
₽5746
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽16758
₽1957
₽23414
₽12108
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
254
income
-
-
-
13 484
pensions
-
-
-
4 181
other
-
-
-
372
health
-
-
-
2 191
total
-
-
-
20 482
Employee
34 771
-
54 826
-
health
3 981
-
6 277
-
income
4 770
-
8 164
-
pensions
3 915
-
6 173
-
total
12 666
-
20 614
-
Employer
34 771
-
54 826
-
accident
580
-
916
-
unemployment
852
-
1 343
-
pensions
5 654
-
8 915
-
total
7 086
-
11 174
-
Corporate
24 142
66 000
-
-
income

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

21 728
59 400
-
-
total
21 728
59 400
-
-
Dividends
2 414
6 600
-
-
withholding
459
1 254
-
-
total
459
1 254
-
-
Income
66 000
66 000
66 000
66 000
Total tax
41 939
60 654
31 788
20 482
After tax
24 061
5 346
34 212
45 518
Living cost
22 104
22 104
22 104
22 104
Free-cash
1 957
-16 758
12 108
23 414

Estimated living cost  is ₽22104 per week

₽16201
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1225
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽461
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4218
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽53438
₽51702
₽56078
₽43538
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
11 577
-
66 000
-
income
2 315
-
13 200
-
total
2 315
-
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%.

54 423
66 000
-
-
total
-
-
-
-
Dividends
54 423
66 000
-
-
withholding
2 721
3 300
-
-
total
2 721
3 300
-
-
Income
66 000
66 000
66 000
66 000
Total tax
5 036
3 300
13 200
660
After tax
60 964
62 700
52 800
65 340
Living cost
9 262
9 262
9 262
9 262
Free-cash
51 702
53 438
43 538
56 078

Estimated living cost  is ₽9262 per week

₽5740
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽770
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽255
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2497
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽21454
₽14600
₽8700
₽11651
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 382
pensions

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

-
-
-
15 842
other
-
-
-
3 135
health
-
-
-
2 904
total
-
-
-
30 263
Employee
36 842
-
52 718
-
health
516
-
737
-
income
6 343
-
9 075
-
pensions

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

2 578
-
3 689
-
unemployment
368
-
528
-
total
9 805
-
14 029
-
Employer
36 842
-
52 718
-
accident
295
-
422
-
other
1 843
-
2 634
-
unemployment
368
-
528
-
pensions

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

6 264
-
8 962
-
health
516
-
737
-
total
9 286
-
13 283
-
Corporate
19 873
66 000
-
-
income
4 173
13 860
-
-
total
4 173
13 860
-
-
Dividends
15 700
52 140
-
-
withholding
1 099
3 649
-
-
total
1 099
3 649
-
-
Income
66 000
66 000
66 000
66 000
Total tax
24 363
17 509
27 312
30 263
After tax
41 637
48 491
38 688
35 737
Living cost
27 037
27 037
27 037
27 037
Free-cash
14 600
21 454
11 651
8 700

Estimated living cost  is ₽27037 per week

₽19103
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1825
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.
₽5673
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽19028
-₽44168
-₽19062
-₽25972
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
12 353
pensions
-
-
-
4 230
total
-
-
-
16 583
Employee
96 888
-
58 712
-
health
1 597
-
814
-
income
17 465
-
10 626
-
pensions
9 347
-
4 765
-
total
28 409
-
16 205
-
Employer
96 888
-
58 712
-
pensions
11 440
-
6 172
-
health
1 840
-
1 116
-
total
13 280
-
7 288
-
Corporate
-
66 000
-
-
income

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

-
12 540
-
-
total
-
12 540
-
-
Dividends
-
53 460
-
-
withholding
-
4 009
-
-
total
-
4 009
-
-
Income
66 000
66 000
66 000
66 000
Total tax
41 689
16 549
23 493
16 583
After tax
24 311
49 451
42 507
49 417
Living cost
68 479
68 479
68 479
68 479
Free-cash
-44 168
-19 028
-25 972
-19 062

Estimated living cost  is ₽68479 per week

₽51313
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽8046
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽557
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8565
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽43117
₽38399
₽33317
₽34690
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions

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

-
-
-
5 249
unemployment
-
-
-
142
health
-
-
-
4 079
total
-
-
-
19 370
Employee
17 628
-
59 042
-
health
811
-
1 631
-
accident

We are using the highest rate at 1.1%.

194
-
390
-
income
1 763
-
5 904
-
pensions

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

1 548
-
3 114
-
total
4 316
-
11 039
-
Employer
17 628
-
59 042
-
accident

We are using the highest rate at 1.1%.

194
-
390
-
unemployment
105
-
213
-
pensions

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

1 943
-
3 908
-
health
1 217
-
2 447
-
total
3 459
-
6 958
-
Corporate
44 913
66 000
-
-
income
4 492
6 600
-
-
total
4 492
6 600
-
-
Dividends
40 422
59 400
-
-
withholding
2 021
2 970
-
-
total
2 021
2 970
-
-
Income
66 000
66 000
66 000
66 000
Total tax
14 288
9 570
17 997
19 370
After tax
51 712
56 430
48 003
46 630
Living cost
13 313
13 313
13 313
13 313
Free-cash
38 399
43 117
34 690
33 317

Estimated living cost  is ₽13313 per week

₽7772
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽951
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽353
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4237
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽42823
-₽44544
-₽18605
-₽48519
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
6 328
pensions
-
-
-
11 879
health
-
-
-
10 132
total
-
-
-
28 339
Employee
94 074
86 650
86 650
-
health
11 736
11 313
13 300
-
income

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

14 183
14 183
14 183
-
pensions
11 888
11 888
15 597
-
total
37 807
37 384
43 080
-
Employer
94 074
86 650
86 650
-
unemployment
3 387
3 119
3 119
-
pensions
6 547
6 031
6 031
-
health
6 537
6 023
6 023
-
total
16 471
15 173
15 173
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
66 000
66 000
66 000
66 000
Total tax
54 278
52 557
58 253
28 339
After tax
11 722
13 443
7 747
37 661
Living cost
56 266
56 266
56 266
56 266
Free-cash
-44 544
-42 823
-48 519
-18 605

Estimated living cost  is ₽56266 per week

₽41505
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽5026
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽645
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9091
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽21115
₽12435
₽7819
₽9168
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
8 910
solidarity contribution
-
-
-
-
social contributions
-
-
-
19 272
total
-
-
-
33 855
Employee
35 774
-
49 254
-
social contributions
2 325
-
3 201
-
health
4 830
-
6 649
-
solidarity contribution
-
-
-
-
income
4 293
-
5 910
-
total
11 448
-
15 760
-
Employer
35 774
-
49 254
-
social contributions
8 944
-
12 313
-
health
3 220
-
4 433
-
total
12 164
-
16 746
-
Corporate
18 063
66 000
-
-
income
3 432
12 540
-
-
total
3 432
12 540
-
-
Dividends
14 631
53 460
-
-
withholding
2 195
8 019
-
-
total
2 195
8 019
-
-
Income
66 000
66 000
66 000
66 000
Total tax
29 239
20 559
32 506
33 855
After tax
36 761
45 441
33 494
32 145
Living cost
24 326
24 326
24 326
24 326
Free-cash
12 435
21 115
9 168
7 819

Estimated living cost  is ₽24326 per week

₽16897
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1731
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽478
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5220
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Brno model

Close
Milan , Italy
-₽7602
-₽24179
-₽6939
-₽10668
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
66 000
municipal
-
-
-
393
regional
-
-
-
673
national
-
-
-
12 081
social contributions
-
-
-
16 976
total
-
-
-
30 123
Employee
90 179
-
66 000
-
social contributions
30 408
-
22 256
-
regional
851
-
590
-
municipal
478
-
350
-
national
15 626
-
10 656
-
total
47 363
-
33 852
-
Employer
90 179
-
66 000
-
total
-
-
-
-
Corporate
-
66 000
-
-
nationa
-
15 840
-
-
municipal
-
2 574
-
-
total
-
18 414
-
-
Dividends
-
47 586
-
-
withholding
-
12 372
-
-
total
-
12 372
-
-
Income
66 000
66 000
66 000
66 000
Total tax
47 363
30 786
33 852
30 123
After tax
18 637
35 214
32 148
35 877
Living cost
42 816
42 816
42 816
42 816
Free-cash
-24 179
-7 602
-10 668
-6 939

Estimated living cost  is ₽42816 per week

₽29846
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2807
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽657
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9505
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽19121
₽15965
₽14265
₽12822
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
10 419
pensions
-
-
-
13 200
other
-
-
-
-
unemployment
-
-
-
231
health
-
-
-
4 687
surtax
-
-
-
807
total
-
-
-
29 344
Employee
33 555
-
54 522
-
other
-
-
-
-
health
857
-
1 390
-
surtax
110
-
699
-
income
5 625
-
9 788
-
pensions
2 237
-
3 637
-
unemployment
2 336
-
3 795
-
total
11 165
-
19 309
-
Employer
33 555
-
54 522
-
other
-
-
-
-
unemployment
1 063
-
1 729
-
pensions
4 473
-
7 267
-
health
1 527
-
2 482
-
total
7 063
-
11 478
-
Corporate
25 382
66 000
-
-
income
6 599
17 161
-
-
total
6 599
17 161
-
-
Dividends
18 783
48 839
-
-
withholding
2 817
7 327
-
-
total
2 817
7 327
-
-
Income
66 000
66 000
66 000
66 000
Total tax
27 644
24 488
30 787
29 344
After tax
38 356
41 512
35 213
36 656
Living cost
22 391
22 391
22 391
22 391
Free-cash
15 965
19 121
12 822
14 265

Estimated living cost  is ₽22391 per week

₽13691
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2066
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽516
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6117
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽2668
-₽7194
₽2634
-₽4276
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
12 353
pensions
-
-
-
4 230
total
-
-
-
16 583
Employee
64 932
-
58 712
-
health
943
-
814
-
income
11 695
-
10 626
-
pensions
5 511
-
4 765
-
total
18 149
-
16 205
-
Employer
64 932
-
58 712
-
pensions
7 029
-
6 172
-
health
1 233
-
1 116
-
total
8 262
-
7 288
-
Corporate
-
66 000
-
-
income

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

-
12 540
-
-
total
-
12 540
-
-
Dividends
-
53 460
-
-
withholding
-
4 009
-
-
total
-
4 009
-
-
Income
66 000
66 000
66 000
66 000
Total tax
26 411
16 549
23 493
16 583
After tax
39 589
49 451
42 507
49 417
Living cost
46 783
46 783
46 783
46 783
Free-cash
-7 194
2 668
-4 276
2 634

Estimated living cost  is ₽46783 per week

₽35050
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3507
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽489
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7737
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽47146
-₽33111
-₽21527
-₽24905
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
city
-
-
-
695
pensions
-
-
-
6 071
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
-
-
-
1 634
health
-
-
-
252
national
-
-
-
228
total
-
-
-
10 201
Employee
90 491
-
59 075
-
city
971
-
636
-
regional
2 963
-
1 384
-
health
205
-
133
-
pensions
7 602
-
4 961
-
unemployment
-
-
-
-
national
428
-
189
-
total
12 169
-
7 303
-
Employer
90 491
-
59 075
-
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.

1 809
-
1 182
-
unemployment
-
-
-
-
pensions
7 602
-
4 961
-
health
205
-
133
-
total
9 616
-
6 276
-
Corporate
-
66 000
-
-
regional
-
13 960
-
-
national
-
5 610
-
-
total
-
19 570
-
-
Dividends
-
46 430
-
-
withholding
-
16 250
-
-
total
-
16 250
-
-
Income
66 000
66 000
66 000
66 000
Total tax
21 785
35 820
13 579
10 201
After tax
44 215
30 180
52 421
55 799
Living cost
77 326
77 326
77 326
77 326
Free-cash
-33 111
-47 146
-24 905
-21 527

Estimated living cost  is ₽77326 per week

₽50284
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6939
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽949
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽19153
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽13686
₽2764
₽175
₽3404
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
66 000
trade
-
-
-
3 229
income

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

-
-
-
8 702
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.

-
-
-
6 932
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.

-
-
-
479
total
-
-
-
19 342
Employee

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

60 981
-
66 000
-
health

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

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

6 932
-
6 932
-
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.

395
-
479
-
income

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

7 171
-
8 702
-
total
14 498
-
16 113
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
5 019
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.

42
545
-
-
income
753
9 899
-
-
trade
861
11 318
-
-
chamber of commerce
162
246
-
-
total
1 818
22 008
-
-
Dividends
3 201
43 991
-
-
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.

23
583
-
-
withholding
414
10 612
-
-
total
437
11 195
-
-
Income
66 000
66 000
66 000
66 000
Total tax
16 753
33 203
16 113
19 342
After tax
49 247
32 797
49 887
46 658
Living cost
46 483
46 483
46 483
46 483
Free-cash
2 764
-13 686
3 404
175

Estimated living cost  is ₽46483 per week

₽33950
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3718
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽605
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8213
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽1451
₽4543
₽4663
₽5065
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 339
pensions
-
-
-
18 786
other
-
-
-
2 047
health
-
-
-
570
surtax
-
-
-
-
social contributions
-
-
-
1 879
total
-
-
-
26 621
Employee
43 427
-
50 295
-
social contributions
1 238
-
1 433
-
surtax
-
-
-
-
income
2 563
-
3 393
-
pensions
4 910
-
5 688
-
total
8 711
-
10 514
-
Employer
43 427
-
50 295
-
other
1 498
-
1 735
-
social contributions
131
-
150
-
unemployment
1 758
-
2 037
-
pensions
7 134
-
8 263
-
health
3 040
-
3 520
-
total
13 561
-
15 705
-
Corporate
9 011
66 000
-
-
surtax
-
-
-
-
income
2 522
18 480
-
-
total
2 522
18 480
-
-
Dividends
6 489
47 520
-
-
surtax
-
-
-
-
social contributions
1 117
8 172
-
-
withholding
830
6 083
-
-
total
1 947
14 255
-
-
Income
66 000
66 000
66 000
66 000
Total tax
26 741
32 735
26 219
26 621
After tax
39 259
33 265
39 781
39 379
Living cost
34 716
34 716
34 716
34 716
Free-cash
4 543
-1 451
5 065
4 663

Estimated living cost  is ₽34716 per week

₽21890
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2823
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽591
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9414
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽1989
₽7628
₽8103
₽8505
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 339
pensions
-
-
-
18 786
other
-
-
-
2 047
health
-
-
-
570
surtax
-
-
-
-
social contributions
-
-
-
1 879
total
-
-
-
26 621
Employee
38 765
-
50 295
-
social contributions
1 105
-
1 433
-
surtax
-
-
-
-
income
1 999
-
3 393
-
pensions
4 384
-
5 688
-
total
7 488
-
10 514
-
Employer
38 765
-
50 295
-
other
1 338
-
1 735
-
social contributions
116
-
150
-
unemployment
1 569
-
2 037
-
pensions
6 370
-
8 263
-
health
2 713
-
3 520
-
total
12 106
-
15 705
-
Corporate
15 129
66 000
-
-
surtax
-
-
-
-
income
4 236
18 480
-
-
total
4 236
18 480
-
-
Dividends
10 893
47 520
-
-
surtax
-
-
-
-
social contributions
1 872
8 172
-
-
withholding
1 394
6 083
-
-
total
3 266
14 255
-
-
Income
66 000
66 000
66 000
66 000
Total tax
27 096
32 735
26 219
26 621
After tax
38 904
33 265
39 781
39 379
Living cost
31 276
31 276
31 276
31 276
Free-cash
7 628
1 989
8 505
8 103

Estimated living cost  is ₽31276 per week

₽18139
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3177
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽593
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9368
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽18750
₽19279
₽20871
₽17765
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
4 606
social contributions
-
-
-
9 108
total
-
-
-
23 613
Employee
34 404
-
66 000
-
social contributions
4 748
-
9 108
-
health
2 401
-
4 606
-
income
5 738
-
13 005
-
total
12 887
-
26 719
-
Employer
34 404
-
66 000
-
total
-
-
-
-
Corporate
31 596
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%.

1 579
3 300
-
-
total
1 579
3 300
-
-
Dividends
30 017
62 700
-
-
health
2 095
4 377
-
-
social contributions
4 142
8 653
-
-
withholding
4 502
9 404
-
-
total
10 739
22 434
-
-
Income
66 000
66 000
66 000
66 000
Total tax
25 205
25 734
26 719
23 613
After tax
40 795
40 266
39 281
42 387
Living cost
21 516
21 516
21 516
21 516
Free-cash
19 279
18 750
17 765
20 871

Estimated living cost  is ₽21516 per week

₽14399
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1327
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽495
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5293
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽1840
-₽464
₽181
-₽11606
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
chamber of commerce
-
-
-
264
income
-
-
-
6 119
pensions
-
-
-
12 210
unemployment
-
-
-
6 223
health
-
-
-
5 049
surtax
-
-
-
200
total
-
-
-
30 065
Employee
50 709
40 437
51 094
-
other
506
404
510
-
health
1 962
1 565
1 978
-
income
5 773
2 983
5 883
-
pensions
5 193
4 140
5 232
-
unemployment
1 521
1 213
1 533
-
total
14 955
10 305
15 136
-
Employer
50 709
40 437
51 094
-
accident
659
526
664
-
other
2 409
1 920
2 428
-
chamber of commerce
202
162
204
-
unemployment
1 521
1 213
1 533
-
surtax
200
200
200
-
pensions
6 364
5 076
6 412
-
payroll
1 521
1 213
1 533
-
health
1 916
1 529
1 931
-
total
14 792
11 839
14 905
-
Corporate
3 851
13 725
47 243
-
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.

963
3 431
11 811
-
total
963
3 431
11 811
-
Dividends
-
10 294
-
-
withholding
-
2 831
-
-
total
-
2 831
-
-
Income
66 000
66 000
66 000
66 000
Total tax
30 710
28 406
41 852
30 065
After tax
35 290
37 594
24 148
35 935
Living cost
35 754
35 754
35 754
35 754
Free-cash
-464
1 840
-11 606
181

Estimated living cost  is ₽35754 per week

₽23846
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3050
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽587
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8270
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽148
-₽27710
-₽2683
-₽9174
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
national
-
-
-
19 850
communal

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

-
-
-
3 456
social contributions
-
-
-
8 380
total
-
-
-
31 686
Employee

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

72 581
-
51 119
-
communal

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

3 786
-
2 667
-
health

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

3 410
-
2 401
-
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.

5 444
-
3 834
-
unemployment

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

632
-
445
-
national
22 314
-
13 950
-
total
35 586
-
23 297
-
Employer

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

72 581
-
51 119
-
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.

944
-
664
-
unemployment

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

1 059
-
747
-
surtax
8 230
-
5 796
-
pensions

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

6 431
-
4 529
-
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.

4 463
-
3 144
-
total
21 127
-
14 880
-
Corporate
-
66 000
-
-
surtax
-
264
-
-
income
-
13 200
-
-
total
-
13 464
-
-
Dividends
-
52 537
-
-
withholding

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

-
15 391
-
-
total
-
15 391
-
-
Income
66 000
66 000
66 000
66 000
Total tax
56 713
28 855
38 177
31 686
After tax
9 287
37 145
27 823
34 314
Living cost
36 997
36 997
36 997
36 997
Free-cash
-27 710
148
-9 174
-2 683

Estimated living cost  is ₽36997 per week

₽23831
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3235
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽580
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9352
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽7907
-₽609
-₽771
-₽308
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
593
income
-
-
-
10 328
pensions
-
-
-
18 678
other
-
-
-
65
unemployment
-
-
-
462
total
-
-
-
30 126
Employee
50 509
-
50 045
-
other
50
-
50
-
income
10 657
-
10 528
-
pensions
2 374
-
2 353
-
unemployment
784
-
776
-
total
13 865
-
13 707
-
Employer
50 509
-
50 045
-
accident
999
-
992
-
other
402
-
401
-
unemployment
2 779
-
2 752
-
pensions
11 919
-
11 811
-
total
16 099
-
15 956
-
Corporate
-
66 000
-
-
income

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

-
9 899
-
-
total
-
9 899
-
-
Dividends
-
56 101
-
-
withholding
-
11 549
-
-
total
-
11 549
-
-
Income
66 000
66 000
66 000
66 000
Total tax
29 964
21 448
29 663
30 126
After tax
36 036
44 552
36 337
35 874
Living cost
36 645
36 645
36 645
36 645
Free-cash
-609
7 907
-308
-771

Estimated living cost  is ₽36645 per week

₽26985
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2600
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.
₽6531
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Barcelona model

Close
Luxembourg , Luxembourg
-₽13920
-₽20020
-₽12147
-₽10874
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
593
income
-
-
-
3 410
pensions
-
-
-
10 560
health
-
-
-
4 949
surtax
-
-
-
3 493
communal
-
-
-
-
total
-
-
-
23 005
Employee
76 841
-
58 954
-
health
3 420
-
2 625
-
surtax
4 710
-
3 612
-
income
7 422
-
3 734
-
pensions
6 146
-
4 716
-
total
21 698
-
14 687
-
Employer
76 841
-
58 954
-
accident
691
-
531
-
pensions
6 146
-
4 716
-
health
2 343
-
1 798
-
total
9 180
-
7 045
-
Corporate
-
66 000
-
-
surtax
-
693
-
-
communal
-
4 456
-
-
income
-
9 899
-
-
total
-
15 048
-
-
Dividends
-
50 952
-
-
income
-
2 087
-
-
withholding
-
7 643
-
-
total
-
9 730
-
-
Income
66 000
66 000
66 000
66 000
Total tax
30 878
24 778
21 732
23 005
After tax
35 122
41 222
44 268
42 995
Living cost
55 142
55 142
55 142
55 142
Free-cash
-20 020
-13 920
-10 874
-12 147

Estimated living cost  is ₽55142 per week

₽41365
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3341
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽583
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9851
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽18721
₽15497
₽13865
₽12422
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
10 419
pensions
-
-
-
13 200
other
-
-
-
-
unemployment
-
-
-
231
health
-
-
-
4 687
surtax
-
-
-
807
total
-
-
-
29 344
Employee
34 171
-
54 522
-
other
-
-
-
-
health
872
-
1 390
-
surtax
121
-
699
-
income
5 729
-
9 788
-
pensions
2 280
-
3 637
-
unemployment
2 378
-
3 795
-
total
11 380
-
19 309
-
Employer
34 171
-
54 522
-
other
-
-
-
-
unemployment
1 084
-
1 729
-
pensions
4 556
-
7 267
-
health
1 554
-
2 482
-
total
7 194
-
11 478
-
Corporate
24 635
66 000
-
-
income
6 404
17 161
-
-
total
6 404
17 161
-
-
Dividends
18 231
48 839
-
-
withholding
2 734
7 327
-
-
total
2 734
7 327
-
-
Income
66 000
66 000
66 000
66 000
Total tax
27 712
24 488
30 787
29 344
After tax
38 288
41 512
35 213
36 656
Living cost
22 791
22 791
22 791
22 791
Free-cash
15 497
18 721
12 422
13 865

Estimated living cost  is ₽22791 per week

₽13760
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1981
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽530
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6522
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽7357
₽5104
₽8222
₽4516
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
66 000
municipal
-
-
-
393
regional
-
-
-
995
national
-
-
-
12 081
social contributions
-
-
-
16 976
total
-
-
-
30 445
Employee
56 286
-
66 000
-
social contributions
18 980
-
22 256
-
regional
758
-
889
-
municipal
298
-
350
-
national
8 917
-
10 656
-
total
28 953
-
34 151
-
Employer
56 286
-
66 000
-
total
-
-
-
-
Corporate
9 714
66 000
-
-
nationa
2 332
15 840
-
-
municipal
483
3 281
-
-
total
2 815
19 121
-
-
Dividends
6 899
46 879
-
-
withholding
1 795
12 189
-
-
total
1 795
12 189
-
-
Income
66 000
66 000
66 000
66 000
Total tax
33 563
31 310
34 151
30 445
After tax
32 437
34 690
31 849
35 555
Living cost
27 333
27 333
27 333
27 333
Free-cash
5 104
7 357
4 516
8 222

Estimated living cost  is ₽27333 per week

₽16999
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2769
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽468
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7098
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽15464
₽4771
₽2168
₽3517
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
8 910
solidarity contribution
-
-
-
-
social contributions
-
-
-
19 272
total
-
-
-
33 855
Employee
44 083
-
49 254
-
social contributions
2 865
-
3 201
-
health
5 951
-
6 649
-
solidarity contribution
-
-
-
-
income
5 290
-
5 910
-
total
14 106
-
15 760
-
Employer
44 083
-
49 254
-
social contributions
11 021
-
12 313
-
health
3 967
-
4 433
-
total
14 988
-
16 746
-
Corporate
6 929
66 000
-
-
income
1 316
12 540
-
-
total
1 316
12 540
-
-
Dividends
5 612
53 460
-
-
withholding
842
8 019
-
-
total
842
8 019
-
-
Income
66 000
66 000
66 000
66 000
Total tax
31 252
20 559
32 506
33 855
After tax
34 748
45 441
33 494
32 145
Living cost
29 977
29 977
29 977
29 977
Free-cash
4 771
15 464
3 517
2 168

Estimated living cost  is ₽29977 per week

₽22292
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1661
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽519
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5505
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽5330
₽4828
₽3763
-₽8176
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
chamber of commerce
-
-
-
264
income
-
-
-
6 119
pensions
-
-
-
12 210
unemployment
-
-
-
6 223
health
-
-
-
5 049
surtax
-
-
-
-
total
-
-
-
29 865
Employee
44 355
40 437
51 248
-
other
443
404
512
-
health
1 716
1 565
1 983
-
income
3 951
2 983
5 929
-
pensions
4 542
4 140
5 247
-
unemployment
1 331
1 213
1 537
-
total
11 983
10 305
15 208
-
Employer
44 355
40 437
51 248
-
accident
576
526
666
-
other
2 107
1 920
2 434
-
chamber of commerce
177
162
204
-
unemployment
1 331
1 213
1 537
-
surtax
-
-
-
-
pensions
5 567
5 076
6 431
-
payroll
1 331
1 213
1 537
-
health
1 677
1 529
1 937
-
total
12 766
11 639
14 746
-
Corporate
8 881
13 925
47 403
-
income

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

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

2 220
3 481
11 850
-
total
2 220
3 481
11 850
-
Dividends
6 660
10 444
-
-
withholding
1 831
2 873
-
-
total
1 831
2 873
-
-
Income
66 000
66 000
66 000
66 000
Total tax
28 800
28 298
41 804
29 865
After tax
37 200
37 702
24 196
36 135
Living cost
32 372
32 372
32 372
32 372
Free-cash
4 828
5 330
-8 176
3 763

Estimated living cost  is ₽32372 per week

₽19419
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3306
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽578
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9069
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽48267
₽45561
₽50907
₽38367
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
18 041
-
66 000
-
income
3 608
-
13 200
-
total
3 608
-
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%.

47 959
66 000
-
-
total
-
-
-
-
Dividends
47 959
66 000
-
-
withholding
2 398
3 300
-
-
total
2 398
3 300
-
-
Income
66 000
66 000
66 000
66 000
Total tax
6 006
3 300
13 200
660
After tax
59 994
62 700
52 800
65 340
Living cost
14 433
14 433
14 433
14 433
Free-cash
45 561
48 267
38 367
50 907

Estimated living cost  is ₽14433 per week

₽9767
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽606
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.
₽3576
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽18225
₽9738
₽8486
₽6592
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
11 653
pensions
-
-
-
12 054
unemployment
-
-
-
98
health
-
-
-
6 493
total
-
-
-
30 298
Employee

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

44 870
-
57 106
-
health
2 898
-
3 689
-
income
7 738
-
10 677
-
pensions
6 955
-
8 852
-
unemployment
64
-
81
-
total
17 655
-
23 299
-
Employer

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

44 870
-
57 106
-
unemployment
27
-
35
-
pensions
3 970
-
5 055
-
health
2 988
-
3 803
-
total
6 985
-
8 893
-
Corporate
14 144
66 000
-
-
income
2 688
12 539
-
-
total
2 688
12 539
-
-
Dividends
11 456
53 461
-
-
withholding
1 718
8 020
-
-
total
1 718
8 020
-
-
Income
66 000
66 000
66 000
66 000
Total tax
29 046
20 559
32 192
30 298
After tax
36 954
45 441
33 808
35 702
Living cost
27 216
27 216
27 216
27 216
Free-cash
9 738
18 225
6 592
8 486

Estimated living cost  is ₽27216 per week

₽18678
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1745
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.
₽6268
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽3830
-₽85991
₽1627
₽8606
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
66 000
income
-
-
-
12 865
social contributions
-
-
-
7 524
total
-
-
-
20 389
Employee
63 067
-
-
-
social contributions
5 172
-
737
-
income
13 911
-
-
-
total
19 083
-
737
-
Employer
63 067
-
-
-
social contributions
88 924
-
12 673
-
total
88 924
-
12 673
-
Corporate
-
66 000
-
-
income
-
14 520
-
-
total
-
14 520
-
-
Dividends
-
51 480
-
-
income
-
11 326
-
-
total
-
11 326
-
-
Income
66 000
66 000
66 000
66 000
Total tax
108 007
25 846
13 410
20 389
After tax
-42 007
40 154
52 590
45 611
Living cost
43 984
43 984
43 984
43 984
Free-cash
-85 991
-3 830
8 606
1 627

Estimated living cost  is ₽43984 per week

₽28539
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4137
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽561
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10748
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽5713
₽4691
₽5961
₽3857
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
5 277
surtax
-
-
-
-
social contributions

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

-
-
-
22 935
total
-
-
-
28 212
Employee
46 668
-
53 334
-
social contributions
5 134
-
5 867
-
surtax
-
-
-
-
income
9 707
-
11 783
-
total
14 841
-
17 650
-
Employer
46 668
-
53 334
-
social contributions
11 084
-
12 666
-
total
11 084
-
12 666
-
Corporate
8 249
66 000
-
-
surtax
-
-
-
-
income
1 733
13 860
-
-
total
1 733
13 860
-
-
Dividends
6 516
52 140
-
-
withholding
1 824
14 600
-
-
total
1 824
14 600
-
-
Income
66 000
66 000
66 000
66 000
Total tax
29 482
28 460
30 316
28 212
After tax
36 518
37 540
35 684
37 788
Living cost
31 827
31 827
31 827
31 827
Free-cash
4 691
5 713
3 857
5 961

Estimated living cost  is ₽31827 per week

₽23813
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1877
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽531
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5605
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽15743
-₽17399
-₽9629
-₽9227
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 339
pensions
-
-
-
18 786
other
-
-
-
2 047
health
-
-
-
570
surtax
-
-
-
-
social contributions
-
-
-
1 879
total
-
-
-
26 621
Employee
63 552
-
50 295
-
social contributions
1 810
-
1 433
-
surtax
-
-
-
-
income
5 545
-
3 393
-
pensions
7 188
-
5 688
-
total
14 543
-
10 514
-
Employer
63 552
-
50 295
-
other
2 193
-
1 735
-
social contributions
191
-
150
-
unemployment
2 574
-
2 037
-
pensions
10 442
-
8 263
-
health
4 448
-
3 520
-
total
19 848
-
15 705
-
Corporate
-
66 000
-
-
surtax
-
-
-
-
income
-
18 480
-
-
total
-
18 480
-
-
Dividends
-
47 520
-
-
surtax
-
-
-
-
social contributions
-
8 172
-
-
withholding
-
6 083
-
-
total
-
14 255
-
-
Income
66 000
66 000
66 000
66 000
Total tax
34 391
32 735
26 219
26 621
After tax
31 609
33 265
39 781
39 379
Living cost
49 008
49 008
49 008
49 008
Free-cash
-17 399
-15 743
-9 227
-9 629

Estimated living cost  is ₽49008 per week

₽33168
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4009
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽672
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11159
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28898
₽25490
₽20714
₽22569
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
264
social contributions
-
-
-
14 521
total
-
-
-
14 785
Employee
32 621
-
57 142
-
income
-
-
360
-
social contributions
2 120
-
3 714
-
total
2 120
-
4 074
-
Employer
32 621
-
57 142
-
social contributions
5 057
-
8 856
-
total
5 057
-
8 856
-
Corporate
28 322
66 000
-
-
income
2 832
6 601
-
-
total
2 832
6 601
-
-
Dividends
25 490
59 399
-
-
total
-
-
-
-
Income
66 000
66 000
66 000
66 000
Total tax
10 009
6 601
12 930
14 785
After tax
55 991
59 399
53 070
51 215
Living cost
30 501
30 501
30 501
30 501
Free-cash
25 490
28 898
22 569
20 714

Estimated living cost  is ₽30501 per week

₽19722
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2299
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.
₽7906
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽155101
-₽155101
-₽6529
-₽155101
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
66 000
municipal
-
-
-
11 107
pensions
-
-
-
880
national
-
-
-
6 459
labour market
-
-
-
5 210
total
-
-
-
23 656
Employee
206 279
206 279
206 279
-
labour market
16 479
16 479
16 479
-
national
25 201
25 201
25 201
-
municipal
43 926
43 926
43 926
-
pensions
293
293
293
-
total
85 899
85 899
85 899
-
Employer
206 279
206 279
206 279
-
labour market
16 502
16 502
16 502
-
municipal
43 996
43 996
43 996
-
pensions
586
586
586
-
national
25 245
25 245
25 245
-
total
86 329
86 329
86 329
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
66 000
66 000
66 000
66 000
Total tax
172 228
172 228
172 228
23 656
After tax
-106 228
-106 228
-106 228
42 344
Living cost
48 873
48 873
48 873
48 873
Free-cash
-155 101
-155 101
-155 101
-6 529

Estimated living cost  is ₽48873 per week

₽33449
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4323
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽752
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10349
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽16432
₽2007
₽23740
₽12434
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
254
income
-
-
-
13 484
pensions
-
-
-
4 181
other
-
-
-
372
health
-
-
-
2 191
total
-
-
-
20 482
Employee
34 259
-
54 826
-
health
3 923
-
6 277
-
income
4 700
-
8 164
-
pensions
3 858
-
6 173
-
total
12 481
-
20 614
-
Employer
34 259
-
54 826
-
accident
572
-
916
-
unemployment
839
-
1 343
-
pensions
5 570
-
8 915
-
total
6 981
-
11 174
-
Corporate
24 759
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.

22 283
59 400
-
-
total
22 283
59 400
-
-
Dividends
2 476
6 600
-
-
withholding
470
1 254
-
-
total
470
1 254
-
-
Income
66 000
66 000
66 000
66 000
Total tax
42 215
60 654
31 788
20 482
After tax
23 785
5 346
34 212
45 518
Living cost
21 778
21 778
21 778
21 778
Free-cash
2 007
-16 432
12 434
23 740

Estimated living cost  is ₽21778 per week

₽15852
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1242
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽409
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4276
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽6372
₽1758
₽11147
₽1465
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
66 000
municipal
-
-
-
11 773
health
-
-
-
593
national
-
-
-
3 530
total
-
-
-
15 896
Employee
53 385
-
55 523
-
health
399
-
431
-
municipal
8 744
-
9 092
-
pensions
3 603
-
3 747
-
unemployment
801
-
834
-
national
882
-
997
-
total
14 429
-
15 101
-
Employer
53 385
-
55 523
-
accident
54
-
56
-
unemployment
347
-
360
-
pensions
9 262
-
9 634
-
health
410
-
427
-
total
10 073
-
10 477
-
Corporate
2 543
66 000
-
-
income
508
13 200
-
-
total
508
13 200
-
-
Dividends

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

1 526
39 600
-
-
national
-
343
-
-
municipal
275
7 128
-
-
total
275
7 471
-
-
Income
66 000
66 000
66 000
66 000
Total tax
25 285
20 671
25 578
15 896
After tax
40 715
45 329
40 422
50 104
Living cost
38 957
38 957
38 957
38 957
Free-cash
1 758
6 372
1 465
11 147

Estimated living cost  is ₽38957 per week

₽25446
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3747
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽620
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9144
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽19561
₽19499
₽27228
₽22665
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 300
health
-
-
-
1 683
social contributions
-
-
-
10 296
total
-
-
-
15 279
Employee
78 025
78 025
78 025
-
social contributions
2 950
6 476
4 974
-
health
605
1 327
1 019
-
income
8 496
7 223
7 766
-
total
12 051
15 026
13 759
-
Employer
78 025
78 025
78 025
-
social contributions
2 950
6 476
4 974
-
health
657
1 444
1 109
-
total
3 607
7 920
6 083
-
Corporate
26 851
-
-
-
income
3 356
-
-
-
total
3 356
-
-
-
Dividends
23 494
-
-
-
withholding
3 994
-
-
-
total
3 994
-
-
-
Income
66 000
66 000
66 000
66 000
Total tax
23 008
22 946
19 842
15 279
After tax
42 992
43 054
46 158
50 721
Living cost
23 493
23 493
23 493
23 493
Free-cash
19 499
19 561
22 665
27 228

Estimated living cost  is ₽23493 per week

₽14080
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2305
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽520
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6589
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38545
₽33383
₽33950
₽24725
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
5 785
pensions
-
-
-
6 454
unemployment
-
-
-
29
health
-
-
-
3 672
total
-
-
-
15 940
Employee

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

23 291
-
59 838
-
health
1 979
-
5 085
-
income
1 592
-
4 645
-
pensions
3 493
-
8 975
-
unemployment
116
-
298
-
total
7 180
-
19 003
-
Employer

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

23 291
-
59 838
-
unemployment
116
-
298
-
pensions
1 280
-
3 291
-
health
1 001
-
2 573
-
total
2 397
-
6 162
-
Corporate
40 312
66 000
-
-
income
3 628
5 940
-
-
total
3 628
5 940
-
-
Dividends
36 684
60 060
-
-
withholding
3 302
5 405
-
-
total
3 302
5 405
-
-
Income
66 000
66 000
66 000
66 000
Total tax
16 507
11 345
25 165
15 940
After tax
49 493
54 655
40 835
50 060
Living cost
16 110
16 110
16 110
16 110
Free-cash
33 383
38 545
24 725
33 950

Estimated living cost  is ₽16110 per week

₽10279
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1161
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽479
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4190
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽16649
₽11325
₽7971
₽8434
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
593
income
-
-
-
10 328
pensions
-
-
-
18 678
other
-
-
-
65
unemployment
-
-
-
462
total
-
-
-
30 126
Employee
37 519
-
50 045
-
other
37
-
50
-
income
7 233
-
10 528
-
pensions
1 764
-
2 353
-
unemployment
582
-
776
-
total
9 616
-
13 707
-
Employer
37 519
-
50 045
-
accident
743
-
992
-
other
300
-
401
-
unemployment
2 064
-
2 752
-
pensions
8 854
-
11 811
-
total
11 961
-
15 956
-
Corporate
16 520
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.

2 478
9 899
-
-
total
2 478
9 899
-
-
Dividends
14 041
56 101
-
-
withholding
2 717
11 549
-
-
total
2 717
11 549
-
-
Income
66 000
66 000
66 000
66 000
Total tax
26 772
21 448
29 663
30 126
After tax
39 228
44 552
36 337
35 874
Living cost
27 903
27 903
27 903
27 903
Free-cash
11 325
16 649
8 434
7 971

Estimated living cost  is ₽27903 per week

₽18834
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2682
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽489
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5898
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38397
₽37940
₽38476
₽38278
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
21 230
pensions
-
-
-
2 033
health
-
-
-
1 474
total
-
-
-
24 737
Employee
4 245
-
63 713
-
health
212
-
508
-
income
821
-
21 123
-
pensions
382
-
915
-
unemployment
42
-
102
-
total
1 457
-
22 648
-
Employer
4 245
-
63 713
-
unemployment
85
-
203
-
pensions
467
-
1 118
-
health
403
-
966
-
total
955
-
2 287
-
Corporate
60 799
66 000
-
-
income
13 376
14 520
-
-
total
13 376
14 520
-
-
Dividends
47 424
51 480
-
-
withholding
9 485
10 296
-
-
total
9 485
10 296
-
-
Income
66 000
66 000
66 000
66 000
Total tax
25 273
24 816
24 935
24 737
After tax
40 727
41 184
41 065
41 263
Living cost
2 787
2 787
2 787
2 787
Free-cash
37 940
38 397
38 278
38 476

Estimated living cost  is ₽2787 per week

₽1656
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽226
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽64
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽841
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽30130
₽25135
₽14886
₽17726
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 611
pensions
-
-
-
17 160
unemployment
-
-
-
990
health
-
-
-
6 798
total
-
-
-
33 559
Employee

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

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

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

26 472
-
55 980
-
health
1 363
-
2 883
-
income
3 649
-
9 558
-
pensions
3 706
-
7 837
-
unemployment
199
-
420
-
total
8 917
-
20 698
-
Employer

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

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

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

26 472
-
55 980
-
unemployment
199
-
420
-
pensions
3 177
-
6 718
-
health
1 363
-
2 883
-
total
4 739
-
10 021
-
Corporate
34 790
66 000
-
-
income
5 218
9 900
-
-
total
5 218
9 900
-
-
Dividends
29 571
56 100
-
-
withholding
4 436
8 415
-
-
total
4 436
8 415
-
-
Income
66 000
66 000
66 000
66 000
Total tax
23 310
18 315
30 719
33 559
After tax
42 690
47 685
35 281
32 441
Living cost
17 555
17 555
17 555
17 555
Free-cash
25 135
30 130
17 726
14 886

Estimated living cost  is ₽17555 per week

₽11820
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1358
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽508
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3869
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽10185
₽9821
₽10433
₽8329
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
5 277
surtax
-
-
-
-
social contributions

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

-
-
-
22 935
total
-
-
-
28 212
Employee
39 382
-
53 334
-
social contributions
4 333
-
5 867
-
surtax
-
-
-
-
income
7 695
-
11 783
-
total
12 028
-
17 650
-
Employer
39 382
-
53 334
-
social contributions
9 352
-
12 666
-
total
9 352
-
12 666
-
Corporate
17 265
66 000
-
-
surtax
-
-
-
-
income
3 626
13 860
-
-
total
3 626
13 860
-
-
Dividends
13 640
52 140
-
-
withholding
3 818
14 600
-
-
total
3 818
14 600
-
-
Income
66 000
66 000
66 000
66 000
Total tax
28 824
28 460
30 316
28 212
After tax
37 176
37 540
35 684
37 788
Living cost
27 355
27 355
27 355
27 355
Free-cash
9 821
10 185
8 329
10 433

Estimated living cost  is ₽27355 per week

₽19375
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1901
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽485
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5596
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽8891
₽943
₽213
₽676
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
593
income
-
-
-
10 328
pensions
-
-
-
18 678
other
-
-
-
65
unemployment
-
-
-
462
total
-
-
-
30 126
Employee
49 005
-
50 045
-
other
48
-
50
-
income
10 235
-
10 528
-
pensions
2 303
-
2 353
-
unemployment
759
-
776
-
total
13 345
-
13 707
-
Employer
49 005
-
50 045
-
accident
970
-
992
-
other
393
-
401
-
unemployment
2 696
-
2 752
-
pensions
11 565
-
11 811
-
total
15 624
-
15 956
-
Corporate
1 371
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.

206
9 899
-
-
total
206
9 899
-
-
Dividends
1 165
56 101
-
-
withholding
221
11 549
-
-
total
221
11 549
-
-
Income
66 000
66 000
66 000
66 000
Total tax
29 396
21 448
29 663
30 126
After tax
36 604
44 552
36 337
35 874
Living cost
35 661
35 661
35 661
35 661
Free-cash
943
8 891
676
213

Estimated living cost  is ₽35661 per week

₽25610
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2773
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽503
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6776
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38963
₽32776
₽29163
₽30536
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions

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

-
-
-
5 249
unemployment
-
-
-
142
health
-
-
-
4 079
total
-
-
-
19 370
Employee
23 129
-
59 042
-
health
1 064
-
1 631
-
accident

We are using the highest rate at 1.1%.

254
-
390
-
income
2 313
-
5 904
-
pensions

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

2 030
-
3 114
-
total
5 661
-
11 039
-
Employer
23 129
-
59 042
-
accident

We are using the highest rate at 1.1%.

254
-
390
-
unemployment
139
-
213
-
pensions

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

2 549
-
3 908
-
health
1 596
-
2 447
-
total
4 538
-
6 958
-
Corporate
38 334
66 000
-
-
income
3 833
6 600
-
-
total
3 833
6 600
-
-
Dividends
34 500
59 400
-
-
withholding
1 725
2 970
-
-
total
1 725
2 970
-
-
Income
66 000
66 000
66 000
66 000
Total tax
15 757
9 570
17 997
19 370
After tax
50 243
56 430
48 003
46 630
Living cost
17 467
17 467
17 467
17 467
Free-cash
32 776
38 963
30 536
29 163

Estimated living cost  is ₽17467 per week

₽11552
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1000
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽417
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4498
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽5020
₽8254
₽8011
₽10713
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
66 000
trade
-
-
-
2 702
income

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

-
-
-
8 702
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.

-
-
-
6 932
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.

-
-
-
479
total
-
-
-
18 815
Employee

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

50 487
-
66 000
-
health

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

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

6 932
-
6 932
-
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.

229
-
479
-
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.

4 152
-
8 702
-
total
11 313
-
16 113
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
15 513
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.

127
545
-
-
income
2 326
9 899
-
-
trade
2 226
9 472
-
-
chamber of commerce
177
250
-
-
total
4 856
20 166
-
-
Dividends
10 657
45 834
-
-
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.

125
608
-
-
withholding
2 278
11 072
-
-
total
2 403
11 680
-
-
Income
66 000
66 000
66 000
66 000
Total tax
18 572
31 846
16 113
18 815
After tax
47 428
34 154
49 887
47 185
Living cost
39 174
39 174
39 174
39 174
Free-cash
8 254
-5 020
10 713
8 011

Estimated living cost  is ₽39174 per week

₽27023
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4215
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.
₽7367
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽11599
-₽13372
-₽6946
-₽6946
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
10 023
social contributions
-
-
-
5 122
total
-
-
-
15 145
Employee
79 371
-
66 000
-
income
14 977
-
10 023
-
social contributions
6 594
-
5 122
-
total
21 571
-
15 145
-
Employer
79 371
-
66 000
-
total
-
-
-
-
Corporate
-
66 000
-
-
income
-
8 249
-
-
total
-
8 249
-
-
Dividends
-
57 751
-
-
withholding
-
11 549
-
-
total
-
11 549
-
-
Income
66 000
66 000
66 000
66 000
Total tax
21 571
19 798
15 145
15 145
After tax
44 429
46 202
50 855
50 855
Living cost
57 801
57 801
57 801
57 801
Free-cash
-13 372
-11 599
-6 946
-6 946

Estimated living cost  is ₽57801 per week

₽43974
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4710
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.
₽8565
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽705
₽6583
-₽6527
₽11085
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We use The Residence Programme or The Global Residence Programme.

-
-
-
66 000
income
-
-
-
28 883
health

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

-
-
-
6 811
total
-
-
-
35 694
Employee
46 548
-
61 332
-
income
5 051
-
8 746
-
social contributions
4 664
-
4 668
-
total
9 715
-
13 414
-
Employer
46 548
-
61 332
-
social contributions
4 664
-
4 668
-
total
4 664
-
4 668
-
Corporate
14 789
66 000
-
-
income
5 176
23 101
-
-
total
5 176
23 101
-
-
Dividends
9 613
42 899
-
-
social contributions
3 029
5 361
-
-
total
3 029
5 361
-
-
Income
66 000
66 000
66 000
66 000
Total tax
22 584
28 462
18 082
35 694
After tax
43 416
37 538
47 918
30 306
Living cost
36 833
36 833
36 833
36 833
Free-cash
6 583
705
11 085
-6 527

Estimated living cost  is ₽36833 per week

₽24262
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2904
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽564
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9102
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽11418
₽5640
₽11384
₽4474
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
12 353
pensions
-
-
-
4 230
total
-
-
-
16 583
Employee
52 206
-
58 712
-
health
681
-
814
-
income
9 507
-
10 626
-
pensions
3 985
-
4 765
-
total
14 173
-
16 205
-
Employer
52 206
-
58 712
-
pensions
5 274
-
6 172
-
health
992
-
1 116
-
total
6 266
-
7 288
-
Corporate
7 527
66 000
-
-
income

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

1 430
12 540
-
-
total
1 430
12 540
-
-
Dividends
6 098
53 460
-
-
withholding
458
4 009
-
-
total
458
4 009
-
-
Income
66 000
66 000
66 000
66 000
Total tax
22 327
16 549
23 493
16 583
After tax
43 673
49 451
42 507
49 417
Living cost
38 033
38 033
38 033
38 033
Free-cash
5 640
11 418
4 474
11 384

Estimated living cost  is ₽38033 per week

₽26091
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3498
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽476
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7967
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽18589
₽1674
₽21583
₽10277
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
66 000
accident
-
-
-
254
income
-
-
-
13 484
pensions
-
-
-
4 181
other
-
-
-
372
health
-
-
-
2 191
total
-
-
-
20 482
Employee
37 650
-
54 826
-
health
4 311
-
6 277
-
income
5 165
-
8 164
-
pensions
4 239
-
6 173
-
total
13 715
-
20 614
-
Employer
37 650
-
54 826
-
accident
629
-
916
-
unemployment
922
-
1 343
-
pensions
6 122
-
8 915
-
total
7 673
-
11 174
-
Corporate
20 677
66 000
-
-
income

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

18 610
59 400
-
-
total
18 610
59 400
-
-
Dividends
2 068
6 600
-
-
withholding
393
1 254
-
-
total
393
1 254
-
-
Income
66 000
66 000
66 000
66 000
Total tax
40 391
60 654
31 788
20 482
After tax
25 609
5 346
34 212
45 518
Living cost
23 935
23 935
23 935
23 935
Free-cash
1 674
-18 589
10 277
21 583

Estimated living cost  is ₽23935 per week

₽17565
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1395
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽482
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4492
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽42395
₽37460
₽24968
₽24968
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
work injury
-
-
-
330
health insurance
-
-
-
4 884
income
-
-
-
9 177
pensions
-
-
-
12 144
unemployment
-
-
-
792
total
-
-
-
27 327
Employee

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

21 928
-
66 000
-
work injury
110
-
330
-
income
2 193
-
9 177
-
pensions
4 035
-
12 144
-
health insurance
1 623
-
4 884
-
unemployment
263
-
792
-
total
8 224
-
27 327
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
44 072
66 000
-
-
income

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

-
-
-
-
total
-
-
-
-
Dividends
44 072
66 000
-
-
withholding
6 611
9 900
-
-
total
6 611
9 900
-
-
Income
66 000
66 000
66 000
66 000
Total tax
14 835
9 900
27 327
27 327
After tax
51 165
56 100
38 673
38 673
Living cost
13 705
13 705
13 705
13 705
Free-cash
37 460
42 395
24 968
24 968

Estimated living cost  is ₽13705 per week

₽8490
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽996
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽428
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3791
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽5658
-₽19504
-₽4971
-₽8634
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
66 000
municipal
-
-
-
441
regional
-
-
-
1 050
national
-
-
-
12 081
social contributions
-
-
-
16 976
total
-
-
-
30 548
Employee
85 504
-
66 000
-
social contributions
28 831
-
22 256
-
regional
1 291
-
906
-
municipal
510
-
393
-
national
14 449
-
10 656
-
total
45 081
-
34 211
-
Employer
85 504
-
66 000
-
total
-
-
-
-
Corporate
-
66 000
-
-
nationa
-
15 840
-
-
municipal
-
3 181
-
-
total
-
19 021
-
-
Dividends
-
46 979
-
-
withholding
-
12 214
-
-
total
-
12 214
-
-
Income
66 000
66 000
66 000
66 000
Total tax
45 081
31 235
34 211
30 548
After tax
20 919
34 765
31 789
35 452
Living cost
40 423
40 423
40 423
40 423
Free-cash
-19 504
-5 658
-8 634
-4 971

Estimated living cost  is ₽40423 per week

₽28394
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2781
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽610
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8636
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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