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
₽ 66500
per

Your estimated
City
free-cash

Dresden , Germany
₽3158
₽14320
₽16542
₽19627
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
66 500
trade
-
-
-
3 085
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.

-
-
-
8 924
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.

-
-
-
6 894
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.

-
-
-
490
total
-
-
-
19 393
Employee

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

38 597
-
66 500
-
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.

6 894
-
6 894
-
surtax

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

59
-
490
-
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.

1 078
-
8 924
-
total
8 031
-
16 308
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
27 903
66 500
-
-
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.

230
548
-
-
income
4 186
9 975
-
-
trade
4 395
10 473
-
-
chamber of commerce
193
249
-
-
total
9 004
21 245
-
-
Dividends
18 899
45 255
-
-
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.

239
601
-
-
withholding
4 341
10 931
-
-
total
4 580
11 532
-
-
Income
66 500
66 500
66 500
66 500
Total tax
21 615
32 777
16 308
19 393
After tax
44 885
33 723
50 192
47 107
Living cost
30 565
30 565
30 565
30 565
Free-cash
14 320
3 158
19 627
16 542

Estimated living cost  is ₽30565 per week

₽19226
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3564
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽571
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7204
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽9494
-₽19718
-₽9760
-₽9239
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
66 500
municipal
-
-
-
6 501
pensions
-
-
-
7 980
national
-
-
-
10 074
social contributions
-
-
-
715
total
-
-
-
25 270
Employee
79 044
-
57 489
-
municipal
9 763
-
6 759
-
pensions
3 162
-
2 300
-
national
15 129
-
10 473
-
total
28 054
-
19 532
-
Employer
79 044
-
57 489
-
social contributions
850
-
618
-
pensions
6 324
-
4 599
-
total
7 174
-
5 217
-
Corporate
-
66 500
-
-
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%.

-
13 300
-
-
total
-
13 300
-
-
Dividends
-
53 200
-
-
withholding
-
11 704
-
-
total
-
11 704
-
-
Income
66 500
66 500
66 500
66 500
Total tax
35 228
25 004
24 749
25 270
After tax
31 272
41 496
41 751
41 230
Living cost
50 990
50 990
50 990
50 990
Free-cash
-19 718
-9 494
-9 239
-9 760

Estimated living cost  is ₽50990 per week

₽34657
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4740
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽763
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10830
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽32206
₽23928
₽32354
₽16883
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
66 500
microenterprise
-
-
-
9 975
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.

-
-
-
3 177
total
-
-
-
13 152
Employee
29 487
-
53 589
-
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.

3 244
-
5 894
-
surtax
-
-
-
-
income
5 249
-
9 820
-
total
8 493
-
15 714
-
Employer
29 487
-
53 589
-
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.

7 103
-
12 909
-
surtax
-
-
-
-
total
7 103
-
12 909
-
Corporate
29 910
66 500
-
-
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%.

5 982
13 300
-
-
total
5 982
13 300
-
-
Dividends

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

23 928
53 200
-
-
total
-
-
-
-
Income
66 500
66 500
66 500
66 500
Total tax
21 578
13 300
28 623
13 152
After tax
44 922
53 200
37 877
53 348
Living cost
20 994
20 994
20 994
20 994
Free-cash
23 928
32 206
16 883
32 354

Estimated living cost  is ₽20994 per week

₽13393
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1999
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5125
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽28042
-₽33706
-₽4332
-₽33706
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
66 500
income
-
-
-
6 608
pensions
-
-
-
11 823
health
-
-
-
10 128
total
-
-
-
28 559
Employee
86 174
86 174
86 174
-
health
13 227
11 251
13 227
-
income

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

14 105
14 105
14 105
-
pensions
15 511
11 823
15 511
-
total
42 843
37 179
42 843
-
Employer
86 174
86 174
86 174
-
unemployment
3 102
3 102
3 102
-
pensions
5 998
5 998
5 998
-
health
5 990
5 990
5 990
-
total
15 090
15 090
15 090
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
66 500
66 500
66 500
66 500
Total tax
57 933
52 269
57 933
28 559
After tax
8 567
14 231
8 567
37 941
Living cost
42 273
42 273
42 273
42 273
Free-cash
-33 706
-28 042
-33 706
-4 332

Estimated living cost  is ₽42273 per week

₽29958
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3811
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.
₽7832
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽2680
-₽6513
-₽5839
-₽3477
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
66 500
municipal
-
-
-
14 085
accident
-
-
-
133
pensions
-
-
-
7 189
other
-
-
-
7 727
unemployment
-
-
-
66
health
-
-
-
4 150
national
-
-
-
-
total
-
-
-
33 350
Employee
55 556
-
50 601
-
municipal
16 567
-
15 089
-
national
-
-
-
-
total
16 567
-
15 089
-
Employer
55 556
-
50 601
-
accident
111
-
101
-
other
6 456
-
5 880
-
unemployment
1 467
-
1 336
-
pensions
6 006
-
5 470
-
health
3 417
-
3 112
-
total
17 457
-
15 899
-
Corporate
-
66 500
-
-
income
-
14 630
-
-
total
-
14 630
-
-
Dividends
-
51 870
-
-
withholding
-
15 561
-
-
total
-
15 561
-
-
Income
66 500
66 500
66 500
66 500
Total tax
34 024
30 191
30 988
33 350
After tax
32 476
36 309
35 512
33 150
Living cost
38 989
38 989
38 989
38 989
Free-cash
-6 513
-2 680
-3 477
-5 839

Estimated living cost  is ₽38989 per week

₽25841
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3826
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽592
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8731
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽6260
₽7921
₽7329
₽10550
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
66 500
trade
-
-
-
3 221
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.

-
-
-
8 924
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.

-
-
-
6 894
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.

-
-
-
490
total
-
-
-
19 529
Employee

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

51 174
-
66 500
-
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.

6 894
-
6 894
-
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.

241
-
490
-
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.

4 397
-
8 924
-
total
11 532
-
16 308
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
15 326
66 500
-
-
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.

126
548
-
-
income
2 298
9 975
-
-
trade
2 520
10 938
-
-
chamber of commerce
174
247
-
-
total
5 118
21 708
-
-
Dividends
10 207
44 792
-
-
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
596
-
-
withholding
2 168
10 814
-
-
total
2 287
11 410
-
-
Income
66 500
66 500
66 500
66 500
Total tax
18 937
33 118
16 308
19 529
After tax
47 563
33 382
50 192
46 971
Living cost
39 642
39 642
39 642
39 642
Free-cash
7 921
-6 260
10 550
7 329

Estimated living cost  is ₽39642 per week

₽26513
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4180
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽592
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8357
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽10951
₽11958
₽18241
₽13905
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
66 500
income
-
-
-
3 458
health
-
-
-
1 697
social contributions
-
-
-
10 373
total
-
-
-
15 528
Employee
77 596
77 596
77 596
-
social contributions
3 771
6 440
5 012
-
health
772
1 319
1 026
-
income
8 148
7 183
7 698
-
total
12 691
14 942
13 736
-
Employer
77 596
77 596
77 596
-
social contributions
3 771
6 440
5 012
-
health
841
1 436
1 116
-
total
4 612
7 876
6 128
-
Corporate
16 467
-
-
-
income
2 059
-
-
-
total
2 059
-
-
-
Dividends
14 409
-
-
-
withholding
2 449
-
-
-
total
2 449
-
-
-
Income
66 500
66 500
66 500
66 500
Total tax
21 811
22 818
19 864
15 528
After tax
44 689
43 682
46 636
50 972
Living cost
32 731
32 731
32 731
32 731
Free-cash
11 958
10 951
13 905
18 241

Estimated living cost  is ₽32731 per week

₽22375
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2557
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽550
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7250
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽19255
₽19635
₽27732
₽20216
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
66 500
income
-
-
-
8 130
pensions
-
-
-
6 650
unemployment
-
-
-
998
health
-
-
-
4 655
total
-
-
-
20 433
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.

26 467
10 533
55 649
-
health
1 853
737
3 895
-
income
3 236
1 288
6 803
-
pensions
2 647
1 053
5 565
-
unemployment
397
158
835
-
total
8 133
3 236
17 098
-
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.

26 467
10 533
55 649
-
pensions
5 161
2 054
10 851
-
total
5 161
2 054
10 851
-
Corporate
34 872
53 913
-
-
income
3 139
4 852
-
-
total
3 139
4 852
-
-
Dividends
31 734
49 061
-
-
social contributions
6 068
9 446
-
-
withholding
6 029
9 322
-
-
total
12 097
18 768
-
-
Income
66 500
66 500
66 500
66 500
Total tax
28 530
28 910
27 949
20 433
After tax
37 970
37 590
38 551
46 067
Living cost
18 335
18 335
18 335
18 335
Free-cash
19 635
19 255
20 216
27 732

Estimated living cost  is ₽18335 per week

₽12512
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1500
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽366
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3956
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28826
₽22555
₽11681
₽13995
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
66 500
income
-
-
-
8 501
pensions
-
-
-
13 300
health
-
-
-
8 644
total
-
-
-
30 445
Employee
28 627
-
49 700
-
income
3 223
-
9 544
-
pensions
573
-
994
-
unemployment
458
-
795
-
total
4 254
-
11 333
-
Employer
28 627
-
49 700
-
unemployment
230
-
398
-
pensions
5 726
-
9 939
-
health
3 721
-
6 461
-
total
9 677
-
16 798
-
Corporate
28 197
66 500
-
-
income
5 640
13 300
-
-
total
5 640
13 300
-
-
Dividends
22 557
53 200
-
-
total
-
-
-
-
Income
66 500
66 500
66 500
66 500
Total tax
19 571
13 300
28 131
30 445
After tax
46 929
53 200
38 369
36 055
Living cost
24 374
24 374
24 374
24 374
Free-cash
22 555
28 826
13 995
11 681

Estimated living cost  is ₽24374 per week

₽16718
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1452
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽490
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5714
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽16684
₽2000
₽23786
₽12351
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
66 500
accident
-
-
-
253
income
-
-
-
13 656
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
20 643
Employee
34 719
-
55 242
-
health
3 975
-
6 325
-
income
4 763
-
8 275
-
pensions
3 909
-
6 220
-
total
12 647
-
20 820
-
Employer
34 719
-
55 242
-
accident
580
-
923
-
unemployment
851
-
1 353
-
pensions
5 646
-
8 982
-
total
7 077
-
11 258
-
Corporate
24 706
66 500
-
-
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.

22 235
59 850
-
-
total
22 235
59 850
-
-
Dividends
2 471
6 650
-
-
withholding
470
1 263
-
-
total
470
1 263
-
-
Income
66 500
66 500
66 500
66 500
Total tax
42 429
61 113
32 078
20 643
After tax
24 071
5 387
34 422
45 857
Living cost
22 071
22 071
22 071
22 071
Free-cash
2 000
-16 684
12 351
23 786

Estimated living cost  is ₽22071 per week

₽16176
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1223
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.
₽4212
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽54096
₽52395
₽56756
₽44121
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
66 500
microenterprise

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

-
-
-
665
total
-
-
-
665
Employee
11 349
-
66 500
-
income
2 269
-
13 300
-
total
2 269
-
13 300
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

55 151
66 500
-
-
total
-
-
-
-
Dividends
55 151
66 500
-
-
withholding
2 757
3 325
-
-
total
2 757
3 325
-
-
Income
66 500
66 500
66 500
66 500
Total tax
5 026
3 325
13 300
665
After tax
61 474
63 175
53 200
65 835
Living cost
9 079
9 079
9 079
9 079
Free-cash
52 395
54 096
44 121
56 756

Estimated living cost  is ₽9079 per week

₽5627
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽755
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽250
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2448
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽21970
₽15153
₽9119
₽12094
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
66 500
income
-
-
-
8 447
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.

-
-
-
15 961
other
-
-
-
3 158
health
-
-
-
2 926
total
-
-
-
30 492
Employee
36 640
-
53 116
-
health
513
-
743
-
income
6 308
-
9 144
-
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.

2 564
-
3 717
-
unemployment
366
-
530
-
total
9 751
-
14 134
-
Employer
36 640
-
53 116
-
accident
293
-
425
-
other
1 833
-
2 656
-
unemployment
366
-
530
-
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.

6 229
-
9 029
-
health
513
-
743
-
total
9 234
-
13 383
-
Corporate
20 626
66 500
-
-
income
4 332
13 964
-
-
total
4 332
13 964
-
-
Dividends
16 294
52 536
-
-
withholding
1 141
3 677
-
-
total
1 141
3 677
-
-
Income
66 500
66 500
66 500
66 500
Total tax
24 458
17 641
27 517
30 492
After tax
42 042
48 859
38 983
36 008
Living cost
26 889
26 889
26 889
26 889
Free-cash
15 153
21 970
12 094
9 119

Estimated living cost  is ₽26889 per week

₽18999
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1815
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽433
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5642
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽17899
-₽42450
-₽17959
-₽24954
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
66 500
income
-
-
-
12 442
pensions
-
-
-
4 295
total
-
-
-
16 737
Employee
95 816
-
59 125
-
health
1 579
-
827
-
income
17 272
-
10 691
-
pensions
9 244
-
4 841
-
total
28 095
-
16 359
-
Employer
95 816
-
59 125
-
pensions
11 313
-
6 249
-
health
1 820
-
1 124
-
total
13 133
-
7 373
-
Corporate
-
66 500
-
-
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.

-
12 636
-
-
total
-
12 636
-
-
Dividends
-
53 864
-
-
withholding
-
4 041
-
-
total
-
4 041
-
-
Income
66 500
66 500
66 500
66 500
Total tax
41 228
16 677
23 732
16 737
After tax
25 272
49 823
42 768
49 763
Living cost
67 722
67 722
67 722
67 722
Free-cash
-42 450
-17 899
-24 954
-17 959

Estimated living cost  is ₽67722 per week

₽50745
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7957
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽551
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8470
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

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
₽43619
₽38928
₽33869
₽35275
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
66 500
income
-
-
-
9 975
pensions

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

-
-
-
5 220
unemployment
-
-
-
141
health
-
-
-
4 056
total
-
-
-
19 392
Employee
17 531
-
59 580
-
health
806
-
1 622
-
accident

We are using the highest rate at 1.1%.

193
-
388
-
income
1 753
-
5 958
-
pensions

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

1 539
-
3 097
-
total
4 291
-
11 065
-
Employer
17 531
-
59 580
-
accident

We are using the highest rate at 1.1%.

193
-
388
-
unemployment
105
-
212
-
pensions

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

1 932
-
3 887
-
health
1 210
-
2 434
-
total
3 440
-
6 921
-
Corporate
45 529
66 500
-
-
income
4 553
6 650
-
-
total
4 553
6 650
-
-
Dividends
40 976
59 850
-
-
withholding
2 049
2 992
-
-
total
2 049
2 992
-
-
Income
66 500
66 500
66 500
66 500
Total tax
14 333
9 642
17 986
19 392
After tax
52 167
56 858
48 514
47 108
Living cost
13 239
13 239
13 239
13 239
Free-cash
38 928
43 619
35 275
33 869

Estimated living cost  is ₽13239 per week

₽7729
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽945
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽351
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4214
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽41726
-₽43437
-₽18016
-₽47390
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
66 500
income
-
-
-
6 608
pensions
-
-
-
11 823
health
-
-
-
10 128
total
-
-
-
28 559
Employee
93 558
86 174
86 174
-
health
11 672
11 251
13 227
-
income

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

14 105
14 105
14 105
-
pensions
11 823
11 823
15 511
-
total
37 600
37 179
42 843
-
Employer
93 558
86 174
86 174
-
unemployment
3 368
3 102
3 102
-
pensions
6 511
5 998
5 998
-
health
6 501
5 990
5 990
-
total
16 380
15 090
15 090
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
66 500
66 500
66 500
66 500
Total tax
53 980
52 269
57 933
28 559
After tax
12 520
14 231
8 567
37 941
Living cost
55 957
55 957
55 957
55 957
Free-cash
-43 437
-41 726
-47 390
-18 016

Estimated living cost  is ₽55957 per week

₽41278
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4998
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽642
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9041
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽21618
₽12995
₽8221
₽9579
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
66 500
income
-
-
-
5 716
health
-
-
-
8 978
solidarity contribution
-
-
-
-
social contributions
-
-
-
19 418
total
-
-
-
34 112
Employee
35 540
-
49 627
-
social contributions
2 310
-
3 226
-
health
4 798
-
6 700
-
solidarity contribution
-
-
-
-
income
4 265
-
5 955
-
total
11 373
-
15 881
-
Employer
35 540
-
49 627
-
social contributions
8 885
-
12 407
-
health
3 199
-
4 466
-
total
12 084
-
16 873
-
Corporate
18 877
66 500
-
-
income
3 587
12 635
-
-
total
3 587
12 635
-
-
Dividends
15 290
53 865
-
-
withholding
2 294
8 080
-
-
total
2 294
8 080
-
-
Income
66 500
66 500
66 500
66 500
Total tax
29 338
20 715
32 754
34 112
After tax
37 162
45 785
33 746
32 388
Living cost
24 167
24 167
24 167
24 167
Free-cash
12 995
21 618
9 579
8 221

Estimated living cost  is ₽24167 per week

₽16787
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1719
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽475
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5186
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽7101
-₽23183
-₽6448
-₽10205
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
66 500
municipal
-
-
-
394
regional
-
-
-
681
national
-
-
-
12 187
social contributions
-
-
-
17 105
total
-
-
-
30 367
Employee
89 684
-
66 500
-
social contributions
30 241
-
22 424
-
regional
846
-
597
-
municipal
475
-
352
-
national
15 540
-
10 751
-
total
47 102
-
34 124
-
Employer
89 684
-
66 500
-
total
-
-
-
-
Corporate
-
66 500
-
-
nationa
-
15 960
-
-
municipal
-
2 593
-
-
total
-
18 553
-
-
Dividends
-
47 948
-
-
withholding
-
12 467
-
-
total
-
12 467
-
-
Income
66 500
66 500
66 500
66 500
Total tax
47 102
31 020
34 124
30 367
After tax
19 398
35 480
32 376
36 133
Living cost
42 581
42 581
42 581
42 581
Free-cash
-23 183
-7 101
-10 205
-6 448

Estimated living cost  is ₽42581 per week

₽29682
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2792
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽653
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9452
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽19560
₽16420
₽14599
₽13148
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
66 500
income
-
-
-
10 546
pensions
-
-
-
13 300
other
-
-
-
-
unemployment
-
-
-
230
health
-
-
-
4 722
surtax
-
-
-
835
total
-
-
-
29 633
Employee
33 371
-
54 935
-
other
-
-
-
-
health
852
-
1 402
-
surtax
109
-
724
-
income
5 594
-
9 906
-
pensions
2 225
-
3 663
-
unemployment
2 323
-
3 824
-
total
11 103
-
19 519
-
Employer
33 371
-
54 935
-
other
-
-
-
-
unemployment
1 057
-
1 741
-
pensions
4 449
-
7 323
-
health
1 519
-
2 501
-
total
7 025
-
11 565
-
Corporate
26 105
66 500
-
-
income
6 787
17 290
-
-
total
6 787
17 290
-
-
Dividends
19 318
49 210
-
-
withholding
2 897
7 382
-
-
total
2 897
7 382
-
-
Income
66 500
66 500
66 500
66 500
Total tax
27 812
24 672
31 084
29 633
After tax
38 688
41 828
35 416
36 867
Living cost
22 268
22 268
22 268
22 268
Free-cash
16 420
19 560
13 148
14 599

Estimated living cost  is ₽22268 per week

₽13616
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2055
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽513
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6084
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Thessaloniki model

Close
Cambridge , United Kingdom
₽3557
-₽5884
₽3497
-₽3498
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
66 500
income
-
-
-
12 442
pensions
-
-
-
4 295
total
-
-
-
16 737
Employee
64 213
-
59 125
-
health
932
-
827
-
income
11 565
-
10 691
-
pensions
5 450
-
4 841
-
total
17 947
-
16 359
-
Employer
64 213
-
59 125
-
pensions
6 951
-
6 249
-
health
1 220
-
1 124
-
total
8 171
-
7 373
-
Corporate
-
66 500
-
-
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.

-
12 636
-
-
total
-
12 636
-
-
Dividends
-
53 864
-
-
withholding
-
4 041
-
-
total
-
4 041
-
-
Income
66 500
66 500
66 500
66 500
Total tax
26 118
16 677
23 732
16 737
After tax
40 382
49 823
42 768
49 763
Living cost
46 266
46 266
46 266
46 266
Free-cash
-5 884
3 557
-3 498
3 497

Estimated living cost  is ₽46266 per week

₽34662
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3468
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.
₽7651
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽45857
-₽31253
-₽20071
-₽23482
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
66 500
city
-
-
-
699
pensions
-
-
-
6 117
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.

-
-
-
1 330
regional
-
-
-
1 675
health
-
-
-
249
national
-
-
-
235
total
-
-
-
10 305
Employee
89 251
-
59 521
-
city
958
-
639
-
regional
2 923
-
1 422
-
health
202
-
133
-
pensions
7 498
-
5 001
-
unemployment
-
-
-
-
national
422
-
196
-
total
12 003
-
7 391
-
Employer
89 251
-
59 521
-
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.

1 784
-
1 191
-
unemployment
-
-
-
-
pensions
7 498
-
5 001
-
health
202
-
133
-
total
9 484
-
6 325
-
Corporate
-
66 500
-
-
regional
-
14 064
-
-
national
-
5 653
-
-
total
-
19 717
-
-
Dividends
-
46 783
-
-
withholding
-
16 374
-
-
total
-
16 374
-
-
Income
66 500
66 500
66 500
66 500
Total tax
21 487
36 091
13 716
10 305
After tax
45 013
30 409
52 784
56 195
Living cost
76 266
76 266
76 266
76 266
Free-cash
-31 253
-45 857
-23 482
-20 071

Estimated living cost  is ₽76266 per week

₽49595
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6844
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽936
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18891
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽13189
₽3175
₽605
₽3964
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
66 500
trade
-
-
-
3 359
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.

-
-
-
8 924
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.

-
-
-
6 894
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.

-
-
-
490
total
-
-
-
19 667
Employee

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

60 646
-
66 500
-
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.

6 894
-
6 894
-
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.

393
-
490
-
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.

7 131
-
8 924
-
total
14 418
-
16 308
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
5 854
66 500
-
-
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.

48
548
-
-
income
879
9 975
-
-
trade
1 003
11 406
-
-
chamber of commerce
161
247
-
-
total
2 091
22 176
-
-
Dividends
3 763
44 324
-
-
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.

31
588
-
-
withholding
557
10 697
-
-
total
588
11 285
-
-
Income
66 500
66 500
66 500
66 500
Total tax
17 097
33 461
16 308
19 667
After tax
49 403
33 039
50 192
46 833
Living cost
46 228
46 228
46 228
46 228
Free-cash
3 175
-13 189
3 964
605

Estimated living cost  is ₽46228 per week

₽33763
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3698
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽601
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8167
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽1006
₽4953
₽5133
₽5520
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
66 500
income
-
-
-
3 403
pensions
-
-
-
18 907
other
-
-
-
2 062
health
-
-
-
574
surtax
-
-
-
-
social contributions
-
-
-
1 896
total
-
-
-
26 842
Employee
43 189
-
50 675
-
social contributions
1 231
-
1 444
-
surtax
-
-
-
-
income
2 549
-
3 453
-
pensions
4 883
-
5 733
-
total
8 663
-
10 630
-
Employer
43 189
-
50 675
-
other
1 490
-
1 748
-
social contributions
130
-
151
-
unemployment
1 748
-
2 053
-
pensions
7 095
-
8 326
-
health
3 024
-
3 547
-
total
13 487
-
15 825
-
Corporate
9 824
66 500
-
-
surtax
-
-
-
-
income
2 750
18 619
-
-
total
2 750
18 619
-
-
Dividends
7 074
47 881
-
-
surtax
-
-
-
-
social contributions
1 216
8 234
-
-
withholding
906
6 128
-
-
total
2 122
14 362
-
-
Income
66 500
66 500
66 500
66 500
Total tax
27 022
32 981
26 455
26 842
After tax
39 478
33 519
40 045
39 658
Living cost
34 525
34 525
34 525
34 525
Free-cash
4 953
-1 006
5 520
5 133

Estimated living cost  is ₽34525 per week

₽21770
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.
₽588
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9362
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽2414
₽8016
₽8553
₽8940
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
66 500
income
-
-
-
3 403
pensions
-
-
-
18 907
other
-
-
-
2 062
health
-
-
-
574
surtax
-
-
-
-
social contributions
-
-
-
1 896
total
-
-
-
26 842
Employee
38 552
-
50 675
-
social contributions
1 099
-
1 444
-
surtax
-
-
-
-
income
1 988
-
3 453
-
pensions
4 360
-
5 733
-
total
7 447
-
10 630
-
Employer
38 552
-
50 675
-
other
1 331
-
1 748
-
social contributions
115
-
151
-
unemployment
1 561
-
2 053
-
pensions
6 335
-
8 326
-
health
2 698
-
3 547
-
total
12 040
-
15 825
-
Corporate
15 909
66 500
-
-
surtax
-
-
-
-
income
4 454
18 619
-
-
total
4 454
18 619
-
-
Dividends
11 454
47 881
-
-
surtax
-
-
-
-
social contributions
1 971
8 234
-
-
withholding
1 467
6 128
-
-
total
3 438
14 362
-
-
Income
66 500
66 500
66 500
66 500
Total tax
27 379
32 981
26 455
26 842
After tax
39 121
33 519
40 045
39 658
Living cost
31 105
31 105
31 105
31 105
Free-cash
8 016
2 414
8 940
8 553

Estimated living cost  is ₽31105 per week

₽18039
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3160
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽590
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9316
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽19172
₽19698
₽21308
₽18150
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
66 500
income
-
-
-
9 975
health
-
-
-
4 642
social contributions
-
-
-
9 177
total
-
-
-
23 794
Employee
34 215
-
66 500
-
social contributions
4 722
-
9 177
-
health
2 388
-
4 642
-
income
5 707
-
13 133
-
total
12 817
-
26 952
-
Employer
34 215
-
66 500
-
total
-
-
-
-
Corporate
32 285
66 500
-
-
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%.

1 614
3 324
-
-
total
1 614
3 324
-
-
Dividends
30 671
63 176
-
-
health
2 141
4 410
-
-
social contributions
4 232
8 719
-
-
withholding
4 600
9 477
-
-
total
10 973
22 606
-
-
Income
66 500
66 500
66 500
66 500
Total tax
25 404
25 930
26 952
23 794
After tax
41 096
40 570
39 548
42 706
Living cost
21 398
21 398
21 398
21 398
Free-cash
19 698
19 172
18 150
21 308

Estimated living cost  is ₽21398 per week

₽14320
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1319
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽492
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5264
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽2301
₽290
₽589
-₽11347
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
66 500
chamber of commerce
-
-
-
266
income
-
-
-
6 310
pensions
-
-
-
12 302
unemployment
-
-
-
6 189
health
-
-
-
5 088
surtax
-
-
-
199
total
-
-
-
30 354
Employee
50 431
40 215
51 479
-
other
504
402
515
-
health
1 951
1 557
1 992
-
income
5 741
2 966
6 042
-
pensions
5 165
4 117
5 272
-
unemployment
1 513
1 206
1 543
-
total
14 874
10 248
15 364
-
Employer
50 431
40 215
51 479
-
accident
655
523
668
-
other
2 396
1 909
2 444
-
chamber of commerce
201
161
207
-
unemployment
1 513
1 206
1 543
-
surtax
199
199
199
-
pensions
6 329
5 048
6 461
-
payroll
1 513
1 206
1 543
-
health
1 905
1 520
1 946
-
total
14 711
11 772
15 011
-
Corporate
3 830
14 512
47 658
-
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.

957
3 629
11 915
-
total
957
3 629
11 915
-
Dividends
401
10 883
-
-
withholding
111
2 993
-
-
total
111
2 993
-
-
Income
66 500
66 500
66 500
66 500
Total tax
30 653
28 642
42 290
30 354
After tax
35 847
37 858
24 210
36 146
Living cost
35 557
35 557
35 557
35 557
Free-cash
290
2 301
-11 347
589

Estimated living cost  is ₽35557 per week

₽23715
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3033
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽584
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8225
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽627
-₽26695
-₽2337
-₽8810
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
66 500
national
-
-
-
20 047
communal

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

-
-
-
3 480
social contributions
-
-
-
8 516
total
-
-
-
32 043
Employee

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

72 183
-
51 506
-
communal

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

3 765
-
2 687
-
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.

3 391
-
2 421
-
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.

5 414
-
3 863
-
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.

628
-
448
-
national
22 192
-
14 103
-
total
35 390
-
23 522
-
Employer

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

72 183
-
51 506
-
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.

938
-
670
-
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.

1 053
-
753
-
surtax
8 185
-
5 841
-
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.

6 396
-
4 563
-
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.

4 439
-
3 167
-
total
21 011
-
14 994
-
Corporate
-
66 500
-
-
surtax
-
266
-
-
income
-
13 300
-
-
total
-
13 566
-
-
Dividends
-
52 934
-
-
withholding

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

-
15 513
-
-
total
-
15 513
-
-
Income
66 500
66 500
66 500
66 500
Total tax
56 401
29 079
38 516
32 043
After tax
10 099
37 421
27 984
34 457
Living cost
36 794
36 794
36 794
36 794
Free-cash
-26 695
627
-8 810
-2 337

Estimated living cost  is ₽36794 per week

₽23700
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3217
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽576
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9301
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽8441
₽178
-₽344
₽126
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
66 500
accident
-
-
-
599
income
-
-
-
10 451
pensions
-
-
-
18 819
other
-
-
-
67
unemployment
-
-
-
465
total
-
-
-
30 401
Employee
50 231
-
50 426
-
other
50
-
50
-
income
10 598
-
10 654
-
pensions
2 361
-
2 371
-
unemployment
779
-
781
-
total
13 788
-
13 856
-
Employer
50 231
-
50 426
-
accident
994
-
998
-
other
400
-
404
-
unemployment
2 763
-
2 773
-
pensions
11 854
-
11 900
-
total
16 011
-
16 075
-
Corporate
258
66 500
-
-
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.

38
9 975
-
-
total
38
9 975
-
-
Dividends
219
56 525
-
-
withholding
42
11 641
-
-
total
42
11 641
-
-
Income
66 500
66 500
66 500
66 500
Total tax
29 879
21 616
29 931
30 401
After tax
36 621
44 884
36 569
36 099
Living cost
36 443
36 443
36 443
36 443
Free-cash
178
8 441
126
-344

Estimated living cost  is ₽36443 per week

₽26837
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2585
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6496
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽13331
-₽19049
-₽11595
-₽10320
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
66 500
accident
-
-
-
599
income
-
-
-
3 508
pensions
-
-
-
10 640
health
-
-
-
4 989
surtax
-
-
-
3 520
communal
-
-
-
-
total
-
-
-
23 256
Employee
76 419
-
59 399
-
health
3 401
-
2 645
-
surtax
4 684
-
3 640
-
income
7 381
-
3 847
-
pensions
6 113
-
4 751
-
total
21 579
-
14 883
-
Employer
76 419
-
59 399
-
accident
687
-
534
-
pensions
6 113
-
4 751
-
health
2 331
-
1 813
-
total
9 131
-
7 098
-
Corporate
-
66 500
-
-
surtax
-
699
-
-
communal
-
4 489
-
-
income
-
9 975
-
-
total
-
15 163
-
-
Dividends
-
51 337
-
-
income
-
2 129
-
-
withholding
-
7 700
-
-
total
-
9 829
-
-
Income
66 500
66 500
66 500
66 500
Total tax
30 710
24 992
21 981
23 256
After tax
35 790
41 508
44 519
43 244
Living cost
54 839
54 839
54 839
54 839
Free-cash
-19 049
-13 331
-10 320
-11 595

Estimated living cost  is ₽54839 per week

₽41138
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3323
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.
₽9797
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽19162
₽15955
₽14201
₽12750
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
66 500
income
-
-
-
10 546
pensions
-
-
-
13 300
other
-
-
-
-
unemployment
-
-
-
230
health
-
-
-
4 722
surtax
-
-
-
835
total
-
-
-
29 633
Employee
33 983
-
54 935
-
other
-
-
-
-
health
867
-
1 402
-
surtax
121
-
724
-
income
5 697
-
9 906
-
pensions
2 267
-
3 663
-
unemployment
2 365
-
3 824
-
total
11 317
-
19 519
-
Employer
33 983
-
54 935
-
other
-
-
-
-
unemployment
1 078
-
1 741
-
pensions
4 531
-
7 323
-
health
1 545
-
2 501
-
total
7 154
-
11 565
-
Corporate
25 362
66 500
-
-
income
6 593
17 290
-
-
total
6 593
17 290
-
-
Dividends
18 769
49 210
-
-
withholding
2 815
7 382
-
-
total
2 815
7 382
-
-
Income
66 500
66 500
66 500
66 500
Total tax
27 879
24 672
31 084
29 633
After tax
38 621
41 828
35 416
36 867
Living cost
22 666
22 666
22 666
22 666
Free-cash
15 955
19 162
12 750
14 201

Estimated living cost  is ₽22666 per week

₽13684
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1971
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽527
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6486
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽7771
₽5529
₽8629
₽4895
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
66 500
municipal
-
-
-
394
regional
-
-
-
1 002
national
-
-
-
12 187
social contributions
-
-
-
17 105
total
-
-
-
30 688
Employee
55 977
-
66 500
-
social contributions
18 876
-
22 424
-
regional
754
-
895
-
municipal
297
-
352
-
national
8 868
-
10 751
-
total
28 795
-
34 422
-
Employer
55 977
-
66 500
-
total
-
-
-
-
Corporate
10 523
66 500
-
-
nationa
2 526
15 960
-
-
municipal
523
3 305
-
-
total
3 049
19 265
-
-
Dividends
7 474
47 235
-
-
withholding
1 944
12 281
-
-
total
1 944
12 281
-
-
Income
66 500
66 500
66 500
66 500
Total tax
33 788
31 546
34 422
30 688
After tax
32 712
34 954
32 078
35 812
Living cost
27 183
27 183
27 183
27 183
Free-cash
5 529
7 771
4 895
8 629

Estimated living cost  is ₽27183 per week

₽16906
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2754
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽465
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7059
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽16005
₽5381
₽2608
₽3966
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
66 500
income
-
-
-
5 716
health
-
-
-
8 978
solidarity contribution
-
-
-
-
social contributions
-
-
-
19 418
total
-
-
-
34 112
Employee
43 794
-
49 627
-
social contributions
2 847
-
3 226
-
health
5 912
-
6 700
-
solidarity contribution
-
-
-
-
income
5 255
-
5 955
-
total
14 014
-
15 881
-
Employer
43 794
-
49 627
-
social contributions
10 949
-
12 407
-
health
3 941
-
4 466
-
total
14 890
-
16 873
-
Corporate
7 816
66 500
-
-
income
1 485
12 635
-
-
total
1 485
12 635
-
-
Dividends
6 331
53 865
-
-
withholding
950
8 080
-
-
total
950
8 080
-
-
Income
66 500
66 500
66 500
66 500
Total tax
31 339
20 715
32 754
34 112
After tax
35 161
45 785
33 746
32 388
Living cost
29 780
29 780
29 780
29 780
Free-cash
5 381
16 005
3 966
2 608

Estimated living cost  is ₽29780 per week

₽22146
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1650
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽515
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5469
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽5773
₽5273
₽4151
-₽7944
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
66 500
chamber of commerce
-
-
-
266
income
-
-
-
6 310
pensions
-
-
-
12 302
unemployment
-
-
-
6 189
health
-
-
-
5 088
surtax
-
-
-
-
total
-
-
-
30 155
Employee
44 111
40 215
51 638
-
other
440
402
517
-
health
1 706
1 557
1 999
-
income
3 930
2 966
6 086
-
pensions
4 517
4 117
5 287
-
unemployment
1 323
1 206
1 549
-
total
11 916
10 248
15 438
-
Employer
44 111
40 215
51 638
-
accident
573
523
672
-
other
2 095
1 909
2 453
-
chamber of commerce
176
161
207
-
unemployment
1 323
1 206
1 549
-
surtax
-
-
-
-
pensions
5 536
5 048
6 480
-
payroll
1 323
1 206
1 549
-
health
1 668
1 520
1 951
-
total
12 694
11 573
14 861
-
Corporate
9 694
14 711
47 808
-
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.

2 424
3 679
11 951
-
total
2 424
3 679
11 951
-
Dividends
7 270
11 032
-
-
withholding
1 999
3 033
-
-
total
1 999
3 033
-
-
Income
66 500
66 500
66 500
66 500
Total tax
29 033
28 533
42 250
30 155
After tax
37 467
37 967
24 250
36 345
Living cost
32 194
32 194
32 194
32 194
Free-cash
5 273
5 773
-7 944
4 151

Estimated living cost  is ₽32194 per week

₽19313
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3288
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.
₽9020
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽49026
₽46373
₽51686
₽39051
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
66 500
microenterprise

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

-
-
-
665
total
-
-
-
665
Employee
17 686
-
66 500
-
income
3 537
-
13 300
-
total
3 537
-
13 300
-
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%.

48 814
66 500
-
-
total
-
-
-
-
Dividends
48 814
66 500
-
-
withholding
2 441
3 325
-
-
total
2 441
3 325
-
-
Income
66 500
66 500
66 500
66 500
Total tax
5 978
3 325
13 300
665
After tax
60 522
63 175
53 200
65 835
Living cost
14 149
14 149
14 149
14 149
Free-cash
46 373
49 026
39 051
51 686

Estimated living cost  is ₽14149 per week

₽9574
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽594
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽474
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3505
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽18719
₽10279
₽8846
₽6943
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
66 500
income
-
-
-
11 798
pensions
-
-
-
12 145
unemployment
-
-
-
100
health
-
-
-
6 544
total
-
-
-
30 587
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.

44 623
-
57 542
-
health
2 882
-
3 717
-
income
7 695
-
10 817
-
pensions
6 917
-
8 918
-
unemployment
63
-
80
-
total
17 557
-
23 532
-
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.

44 623
-
57 542
-
unemployment
27
-
34
-
pensions
3 949
-
5 092
-
health
2 972
-
3 832
-
total
6 948
-
8 958
-
Corporate
14 929
66 500
-
-
income
2 836
12 635
-
-
total
2 836
12 635
-
-
Dividends
12 093
53 865
-
-
withholding
1 813
8 079
-
-
total
1 813
8 079
-
-
Income
66 500
66 500
66 500
66 500
Total tax
29 154
20 714
32 490
30 587
After tax
37 346
45 786
34 010
35 913
Living cost
27 067
27 067
27 067
27 067
Free-cash
10 279
18 719
6 943
8 846

Estimated living cost  is ₽27067 per week

₽18575
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1735
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6233
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽3106
-₽84043
₽2392
₽9652
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
66 500
income
-
-
-
12 962
social contributions
-
-
-
7 581
total
-
-
-
20 543
Employee
62 466
-
-
-
social contributions
5 122
-
730
-
income
13 779
-
-
-
total
18 901
-
730
-
Employer
62 466
-
-
-
social contributions
88 077
-
12 553
-
total
88 077
-
12 553
-
Corporate
-
66 500
-
-
income
-
14 630
-
-
total
-
14 630
-
-
Dividends
-
51 870
-
-
income
-
11 411
-
-
total
-
11 411
-
-
Income
66 500
66 500
66 500
66 500
Total tax
106 978
26 041
13 283
20 543
After tax
-40 478
40 459
53 217
45 957
Living cost
43 565
43 565
43 565
43 565
Free-cash
-84 043
-3 106
9 652
2 392

Estimated living cost  is ₽43565 per week

₽28267
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4097
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽555
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10646
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽6172
₽5157
₽6392
₽4236
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
66 500
income
-
-
-
5 347
surtax
-
-
-
-
social contributions

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

-
-
-
23 108
total
-
-
-
28 455
Employee
46 411
-
53 737
-
social contributions
5 105
-
5 912
-
surtax
-
-
-
-
income
9 654
-
11 936
-
total
14 759
-
17 848
-
Employer
46 411
-
53 737
-
social contributions
11 023
-
12 763
-
total
11 023
-
12 763
-
Corporate
9 066
66 500
-
-
surtax
-
-
-
-
income
1 903
13 964
-
-
total
1 903
13 964
-
-
Dividends
7 162
52 536
-
-
withholding
2 005
14 711
-
-
total
2 005
14 711
-
-
Income
66 500
66 500
66 500
66 500
Total tax
29 690
28 675
30 611
28 455
After tax
36 810
37 825
35 889
38 045
Living cost
31 653
31 653
31 653
31 653
Free-cash
5 157
6 172
4 236
6 392

Estimated living cost  is ₽31653 per week

₽23683
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1867
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽529
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5575
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽15220
-₽16443
-₽9081
-₽8694
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
66 500
income
-
-
-
3 403
pensions
-
-
-
18 907
other
-
-
-
2 062
health
-
-
-
574
surtax
-
-
-
-
social contributions
-
-
-
1 896
total
-
-
-
26 842
Employee
63 203
-
50 675
-
social contributions
1 800
-
1 444
-
surtax
-
-
-
-
income
5 515
-
3 453
-
pensions
7 149
-
5 733
-
total
14 464
-
10 630
-
Employer
63 203
-
50 675
-
other
2 181
-
1 748
-
social contributions
190
-
151
-
unemployment
2 560
-
2 053
-
pensions
10 385
-
8 326
-
health
4 424
-
3 547
-
total
19 740
-
15 825
-
Corporate
-
66 500
-
-
surtax
-
-
-
-
income
-
18 619
-
-
total
-
18 619
-
-
Dividends
-
47 881
-
-
surtax
-
-
-
-
social contributions
-
8 234
-
-
withholding
-
6 128
-
-
total
-
14 362
-
-
Income
66 500
66 500
66 500
66 500
Total tax
34 204
32 981
26 455
26 842
After tax
32 296
33 519
40 045
39 658
Living cost
48 739
48 739
48 739
48 739
Free-cash
-16 443
-15 220
-8 694
-9 081

Estimated living cost  is ₽48739 per week

₽32986
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3987
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽668
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11097
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽29515
₽26126
₽21240
₽23104
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
66 500
income
-
-
-
295
social contributions
-
-
-
14 631
total
-
-
-
14 926
Employee
32 442
-
57 574
-
income
-
-
394
-
social contributions
2 108
-
3 742
-
total
2 108
-
4 136
-
Employer
32 442
-
57 574
-
social contributions
5 029
-
8 926
-
total
5 029
-
8 926
-
Corporate
29 029
66 500
-
-
income
2 903
6 651
-
-
total
2 903
6 651
-
-
Dividends
26 126
59 849
-
-
total
-
-
-
-
Income
66 500
66 500
66 500
66 500
Total tax
10 040
6 651
13 062
14 926
After tax
56 460
59 849
53 438
51 574
Living cost
30 334
30 334
30 334
30 334
Free-cash
26 126
29 515
23 104
21 240

Estimated living cost  is ₽30334 per week

₽19613
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2286
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽571
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7863
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽153458
-₽153458
-₽6003
-₽153458
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
66 500
municipal
-
-
-
11 230
pensions
-
-
-
875
national
-
-
-
6 528
labour market
-
-
-
5 250
total
-
-
-
23 883
Employee
205 213
205 213
205 213
-
labour market
16 394
16 394
16 394
-
national
25 070
25 070
25 070
-
municipal
43 699
43 699
43 699
-
pensions
292
292
292
-
total
85 455
85 455
85 455
-
Employer
205 213
205 213
205 213
-
labour market
16 417
16 417
16 417
-
municipal
43 769
43 769
43 769
-
pensions
583
583
583
-
national
25 114
25 114
25 114
-
total
85 883
85 883
85 883
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
66 500
66 500
66 500
66 500
Total tax
171 338
171 338
171 338
23 883
After tax
-104 838
-104 838
-104 838
42 617
Living cost
48 620
48 620
48 620
48 620
Free-cash
-153 458
-153 458
-153 458
-6 003

Estimated living cost  is ₽48620 per week

₽33276
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4301
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽748
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10295
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽16358
₽2052
₽24112
₽12677
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
66 500
accident
-
-
-
253
income
-
-
-
13 656
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
20 643
Employee
34 207
-
55 242
-
health
3 917
-
6 325
-
income
4 693
-
8 275
-
pensions
3 852
-
6 220
-
total
12 462
-
20 820
-
Employer
34 207
-
55 242
-
accident
571
-
923
-
unemployment
838
-
1 353
-
pensions
5 562
-
8 982
-
total
6 971
-
11 258
-
Corporate
25 322
66 500
-
-
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.

22 789
59 850
-
-
total
22 789
59 850
-
-
Dividends
2 532
6 650
-
-
withholding
481
1 263
-
-
total
481
1 263
-
-
Income
66 500
66 500
66 500
66 500
Total tax
42 703
61 113
32 078
20 643
After tax
23 797
5 387
34 422
45 857
Living cost
21 745
21 745
21 745
21 745
Free-cash
2 052
-16 358
12 677
24 112

Estimated living cost  is ₽21745 per week

₽15828
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1240
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽408
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4269
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽6904
₽2346
₽11635
₽1918
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
66 500
municipal
-
-
-
11 861
health
-
-
-
603
national
-
-
-
3 658
total
-
-
-
16 122
Employee
53 092
-
55 943
-
health
396
-
440
-
municipal
8 696
-
9 159
-
pensions
3 583
-
3 776
-
unemployment
797
-
839
-
national
877
-
1 069
-
total
14 349
-
15 283
-
Employer
53 092
-
55 943
-
accident
54
-
56
-
unemployment
345
-
364
-
pensions
9 211
-
9 705
-
health
408
-
431
-
total
10 018
-
10 556
-
Corporate
3 391
66 500
-
-
income
678
13 300
-
-
total
678
13 300
-
-
Dividends

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

2 035
39 900
-
-
national
-
372
-
-
municipal
366
7 181
-
-
total
366
7 553
-
-
Income
66 500
66 500
66 500
66 500
Total tax
25 411
20 853
25 839
16 122
After tax
41 089
45 647
40 661
50 378
Living cost
38 743
38 743
38 743
38 743
Free-cash
2 346
6 904
1 918
11 635

Estimated living cost  is ₽38743 per week

₽25307
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3727
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽617
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9094
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽20318
₽20020
₽27608
₽23272
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
66 500
income
-
-
-
3 458
health
-
-
-
1 697
social contributions
-
-
-
10 373
total
-
-
-
15 528
Employee
77 596
77 596
77 596
-
social contributions
2 934
6 440
5 012
-
health
601
1 319
1 026
-
income
8 449
7 183
7 698
-
total
11 984
14 942
13 736
-
Employer
77 596
77 596
77 596
-
social contributions
2 934
6 440
5 012
-
health
653
1 436
1 116
-
total
3 587
7 876
6 128
-
Corporate
27 565
-
-
-
income
3 445
-
-
-
total
3 445
-
-
-
Dividends
24 120
-
-
-
withholding
4 100
-
-
-
total
4 100
-
-
-
Income
66 500
66 500
66 500
66 500
Total tax
23 116
22 818
19 864
15 528
After tax
43 384
43 682
46 636
50 972
Living cost
23 364
23 364
23 364
23 364
Free-cash
20 020
20 318
23 272
27 608

Estimated living cost  is ₽23364 per week

₽14002
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2292
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽517
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6553
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽39048
₽33913
₽34531
₽25114
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
66 500
income
-
-
-
5 847
pensions
-
-
-
6 419
unemployment
-
-
-
29
health
-
-
-
3 652
total
-
-
-
15 947
Employee

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

23 163
-
60 290
-
health
1 969
-
5 125
-
income
1 584
-
4 684
-
pensions
3 474
-
9 043
-
unemployment
115
-
301
-
total
7 142
-
19 153
-
Employer

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

23 163
-
60 290
-
unemployment
115
-
301
-
pensions
1 273
-
3 317
-
health
996
-
2 593
-
total
2 384
-
6 211
-
Corporate
40 953
66 500
-
-
income
3 686
5 984
-
-
total
3 686
5 984
-
-
Dividends
37 267
60 516
-
-
withholding
3 353
5 446
-
-
total
3 353
5 446
-
-
Income
66 500
66 500
66 500
66 500
Total tax
16 565
11 430
25 364
15 947
After tax
49 935
55 070
41 136
50 553
Living cost
16 022
16 022
16 022
16 022
Free-cash
33 913
39 048
25 114
34 531

Estimated living cost  is ₽16022 per week

₽10222
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1155
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4167
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽17134
₽11842
₽8349
₽8819
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
66 500
accident
-
-
-
599
income
-
-
-
10 451
pensions
-
-
-
18 819
other
-
-
-
67
unemployment
-
-
-
465
total
-
-
-
30 401
Employee
37 313
-
50 426
-
other
36
-
50
-
income
7 194
-
10 654
-
pensions
1 754
-
2 371
-
unemployment
578
-
781
-
total
9 562
-
13 856
-
Employer
37 313
-
50 426
-
accident
739
-
998
-
other
299
-
404
-
unemployment
2 053
-
2 773
-
pensions
8 805
-
11 900
-
total
11 896
-
16 075
-
Corporate
17 291
66 500
-
-
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.

2 593
9 975
-
-
total
2 593
9 975
-
-
Dividends
14 698
56 525
-
-
withholding
2 857
11 641
-
-
total
2 857
11 641
-
-
Income
66 500
66 500
66 500
66 500
Total tax
26 908
21 616
29 931
30 401
After tax
39 592
44 884
36 569
36 099
Living cost
27 750
27 750
27 750
27 750
Free-cash
11 842
17 134
8 819
8 349

Estimated living cost  is ₽27750 per week

₽18730
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2668
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5866
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38740
₽38286
₽38850
₽38653
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
66 500
income
-
-
-
21 426
pensions
-
-
-
2 010
health
-
-
-
1 458
total
-
-
-
24 894
Employee
4 198
-
64 238
-
health
210
-
503
-
income
812
-
21 320
-
pensions
378
-
905
-
unemployment
42
-
101
-
total
1 442
-
22 829
-
Employer
4 198
-
64 238
-
unemployment
84
-
201
-
pensions
462
-
1 106
-
health
399
-
955
-
total
945
-
2 262
-
Corporate
61 358
66 500
-
-
income
13 499
14 630
-
-
total
13 499
14 630
-
-
Dividends
47 859
51 870
-
-
withholding
9 572
10 374
-
-
total
9 572
10 374
-
-
Income
66 500
66 500
66 500
66 500
Total tax
25 458
25 004
25 091
24 894
After tax
41 042
41 496
41 409
41 606
Living cost
2 756
2 756
2 756
2 756
Free-cash
38 286
38 740
38 653
38 850

Estimated living cost  is ₽2756 per week

₽1638
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽223
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽63
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽832
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽30593
₽25629
₽15213
₽18031
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
66 500
income
-
-
-
8 698
pensions
-
-
-
17 290
unemployment
-
-
-
997
health
-
-
-
6 849
total
-
-
-
33 834
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.

26 319
-
56 404
-
health
1 355
-
2 905
-
income
3 628
-
9 695
-
pensions
3 685
-
7 897
-
unemployment
197
-
423
-
total
8 865
-
20 920
-
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.

26 319
-
56 404
-
unemployment
197
-
423
-
pensions
3 158
-
6 768
-
health
1 355
-
2 905
-
total
4 710
-
10 096
-
Corporate
35 470
66 500
-
-
income
5 321
9 975
-
-
total
5 321
9 975
-
-
Dividends
30 150
56 525
-
-
withholding
4 522
8 479
-
-
total
4 522
8 479
-
-
Income
66 500
66 500
66 500
66 500
Total tax
23 418
18 454
31 016
33 834
After tax
43 082
48 046
35 484
32 666
Living cost
17 453
17 453
17 453
17 453
Free-cash
25 629
30 593
18 031
15 213

Estimated living cost  is ₽17453 per week

₽11751
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1350
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽505
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3847
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽10620
₽10255
₽10840
₽8684
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
66 500
income
-
-
-
5 347
surtax
-
-
-
-
social contributions

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

-
-
-
23 108
total
-
-
-
28 455
Employee
39 166
-
53 737
-
social contributions
4 309
-
5 912
-
surtax
-
-
-
-
income
7 653
-
11 936
-
total
11 962
-
17 848
-
Employer
39 166
-
53 737
-
social contributions
9 301
-
12 763
-
total
9 301
-
12 763
-
Corporate
18 033
66 500
-
-
surtax
-
-
-
-
income
3 788
13 964
-
-
total
3 788
13 964
-
-
Dividends
14 245
52 536
-
-
withholding
3 989
14 711
-
-
total
3 989
14 711
-
-
Income
66 500
66 500
66 500
66 500
Total tax
29 040
28 675
30 611
28 455
After tax
37 460
37 825
35 889
38 045
Living cost
27 205
27 205
27 205
27 205
Free-cash
10 255
10 620
8 684
10 840

Estimated living cost  is ₽27205 per week

₽19269
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1890
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽483
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5565
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽9419
₽1532
₽634
₽1104
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
66 500
accident
-
-
-
599
income
-
-
-
10 451
pensions
-
-
-
18 819
other
-
-
-
67
unemployment
-
-
-
465
total
-
-
-
30 401
Employee
48 736
-
50 426
-
other
48
-
50
-
income
10 179
-
10 654
-
pensions
2 290
-
2 371
-
unemployment
755
-
781
-
total
13 272
-
13 856
-
Employer
48 736
-
50 426
-
accident
965
-
998
-
other
391
-
404
-
unemployment
2 681
-
2 773
-
pensions
11 501
-
11 900
-
total
15 538
-
16 075
-
Corporate
2 226
66 500
-
-
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.

333
9 975
-
-
total
333
9 975
-
-
Dividends
1 893
56 525
-
-
withholding
360
11 641
-
-
total
360
11 641
-
-
Income
66 500
66 500
66 500
66 500
Total tax
29 503
21 616
29 931
30 401
After tax
36 997
44 884
36 569
36 099
Living cost
35 465
35 465
35 465
35 465
Free-cash
1 532
9 419
1 104
634

Estimated living cost  is ₽35465 per week

₽25469
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2758
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽500
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6739
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽39487
₽33333
₽29737
₽31143
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
66 500
income
-
-
-
9 975
pensions

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

-
-
-
5 220
unemployment
-
-
-
141
health
-
-
-
4 056
total
-
-
-
19 392
Employee
23 001
-
59 580
-
health
1 058
-
1 622
-
accident

We are using the highest rate at 1.1%.

253
-
388
-
income
2 300
-
5 958
-
pensions

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

2 019
-
3 097
-
total
5 630
-
11 065
-
Employer
23 001
-
59 580
-
accident

We are using the highest rate at 1.1%.

253
-
388
-
unemployment
138
-
212
-
pensions

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

2 535
-
3 887
-
health
1 587
-
2 434
-
total
4 513
-
6 921
-
Corporate
38 986
66 500
-
-
income
3 898
6 650
-
-
total
3 898
6 650
-
-
Dividends
35 087
59 850
-
-
withholding
1 755
2 992
-
-
total
1 755
2 992
-
-
Income
66 500
66 500
66 500
66 500
Total tax
15 796
9 642
17 986
19 392
After tax
50 704
56 858
48 514
47 108
Living cost
17 371
17 371
17 371
17 371
Free-cash
33 333
39 487
31 143
29 737

Estimated living cost  is ₽17371 per week

₽11489
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽994
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽414
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4474
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽4552
₽8649
₽8424
₽11233
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
66 500
trade
-
-
-
2 809
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.

-
-
-
8 924
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.

-
-
-
6 894
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.

-
-
-
490
total
-
-
-
19 117
Employee

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

50 210
-
66 500
-
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.

6 894
-
6 894
-
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.

228
-
490
-
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.

4 129
-
8 924
-
total
11 251
-
16 308
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
16 290
66 500
-
-
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.

134
548
-
-
income
2 444
9 975
-
-
trade
2 338
9 542
-
-
chamber of commerce
176
251
-
-
total
5 092
20 316
-
-
Dividends
11 198
46 184
-
-
surtax

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

132
615
-
-
withholding
2 417
11 162
-
-
total
2 549
11 777
-
-
Income
66 500
66 500
66 500
66 500
Total tax
18 892
32 093
16 308
19 117
After tax
47 608
34 407
50 192
47 383
Living cost
38 959
38 959
38 959
38 959
Free-cash
8 649
-4 552
11 233
8 424

Estimated living cost  is ₽38959 per week

₽26875
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4192
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽565
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7327
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽10934
-₽12437
-₽6314
-₽6314
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
66 500
income
-
-
-
10 140
social contributions
-
-
-
5 190
total
-
-
-
15 330
Employee
78 935
-
66 500
-
income
14 895
-
10 140
-
social contributions
6 558
-
5 190
-
total
21 453
-
15 330
-
Employer
78 935
-
66 500
-
total
-
-
-
-
Corporate
-
66 500
-
-
income
-
8 313
-
-
total
-
8 313
-
-
Dividends
-
58 187
-
-
withholding
-
11 637
-
-
total
-
11 637
-
-
Income
66 500
66 500
66 500
66 500
Total tax
21 453
19 950
15 330
15 330
After tax
45 047
46 550
51 170
51 170
Living cost
57 484
57 484
57 484
57 484
Free-cash
-12 437
-10 934
-6 314
-6 314

Estimated living cost  is ₽57484 per week

₽43733
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4684
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽550
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8518
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽1263
₽7108
-₽5597
₽11671
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
66 500
income
-
-
-
28 725
health

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

-
-
-
6 741
total
-
-
-
35 466
Employee
46 292
-
61 858
-
income
5 023
-
8 914
-
social contributions
4 638
-
4 642
-
total
9 661
-
13 556
-
Employer
46 292
-
61 858
-
social contributions
4 638
-
4 642
-
total
4 638
-
4 642
-
Corporate
15 570
66 500
-
-
income
5 450
23 275
-
-
total
5 450
23 275
-
-
Dividends
10 120
43 225
-
-
social contributions
3 012
5 331
-
-
total
3 012
5 331
-
-
Income
66 500
66 500
66 500
66 500
Total tax
22 761
28 606
18 198
35 466
After tax
43 739
37 894
48 302
31 034
Living cost
36 631
36 631
36 631
36 631
Free-cash
7 108
1 263
11 671
-5 597

Estimated living cost  is ₽36631 per week

₽24129
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2888
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.
₽9052
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽12210
₽6500
₽12150
₽5155
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
66 500
income
-
-
-
12 442
pensions
-
-
-
4 295
total
-
-
-
16 737
Employee
51 629
-
59 125
-
health
673
-
827
-
income
9 402
-
10 691
-
pensions
3 941
-
4 841
-
total
14 016
-
16 359
-
Employer
51 629
-
59 125
-
pensions
5 216
-
6 249
-
health
981
-
1 124
-
total
6 197
-
7 373
-
Corporate
8 674
66 500
-
-
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.

1 648
12 636
-
-
total
1 648
12 636
-
-
Dividends
7 026
53 864
-
-
withholding
526
4 041
-
-
total
526
4 041
-
-
Income
66 500
66 500
66 500
66 500
Total tax
22 387
16 677
23 732
16 737
After tax
44 113
49 823
42 768
49 763
Living cost
37 613
37 613
37 613
37 613
Free-cash
6 500
12 210
5 155
12 150

Estimated living cost  is ₽37613 per week

₽25802
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3459
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽471
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7879
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽18511
₽1722
₽21959
₽10524
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
66 500
accident
-
-
-
253
income
-
-
-
13 656
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
20 643
Employee
37 593
-
55 242
-
health
4 304
-
6 325
-
income
5 157
-
8 275
-
pensions
4 233
-
6 220
-
total
13 694
-
20 820
-
Employer
37 593
-
55 242
-
accident
628
-
923
-
unemployment
921
-
1 353
-
pensions
6 112
-
8 982
-
total
7 661
-
11 258
-
Corporate
21 246
66 500
-
-
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.

19 121
59 850
-
-
total
19 121
59 850
-
-
Dividends
2 125
6 650
-
-
withholding
404
1 263
-
-
total
404
1 263
-
-
Income
66 500
66 500
66 500
66 500
Total tax
40 880
61 113
32 078
20 643
After tax
25 620
5 387
34 422
45 857
Living cost
23 898
23 898
23 898
23 898
Free-cash
1 722
-18 511
10 524
21 959

Estimated living cost  is ₽23898 per week

₽17539
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1393
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽481
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4485
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽42894
₽37987
₽25301
₽25301
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
66 500
work injury
-
-
-
332
health insurance
-
-
-
4 921
income
-
-
-
9 281
pensions
-
-
-
12 236
unemployment
-
-
-
798
total
-
-
-
27 568
Employee

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

21 810
-
66 500
-
work injury
109
-
332
-
income
2 181
-
9 281
-
pensions
4 013
-
12 236
-
health insurance
1 614
-
4 921
-
unemployment
262
-
798
-
total
8 179
-
27 568
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
44 690
66 500
-
-
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
44 690
66 500
-
-
withholding
6 703
9 975
-
-
total
6 703
9 975
-
-
Income
66 500
66 500
66 500
66 500
Total tax
14 882
9 975
27 568
27 568
After tax
51 618
56 525
38 932
38 932
Living cost
13 631
13 631
13 631
13 631
Free-cash
37 987
42 894
25 301
25 301

Estimated living cost  is ₽13631 per week

₽8445
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽991
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽425
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3771
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽5175
-₽18535
-₽4499
-₽8188
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
66 500
municipal
-
-
-
444
regional
-
-
-
1 062
national
-
-
-
12 187
social contributions
-
-
-
17 105
total
-
-
-
30 798
Employee
85 034
-
66 500
-
social contributions
28 673
-
22 424
-
regional
1 284
-
916
-
municipal
507
-
396
-
national
14 370
-
10 751
-
total
44 834
-
34 487
-
Employer
85 034
-
66 500
-
total
-
-
-
-
Corporate
-
66 500
-
-
nationa
-
15 960
-
-
municipal
-
3 206
-
-
total
-
19 166
-
-
Dividends
-
47 335
-
-
withholding
-
12 308
-
-
total
-
12 308
-
-
Income
66 500
66 500
66 500
66 500
Total tax
44 834
31 474
34 487
30 798
After tax
21 666
35 026
32 013
35 702
Living cost
40 201
40 201
40 201
40 201
Free-cash
-18 535
-5 175
-8 188
-4 499

Estimated living cost  is ₽40201 per week

₽28238
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2765
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽607
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8589
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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