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
₽ 67000
per

Your estimated
City
free-cash

Dresden , Germany
₽3546
₽14657
₽16879
₽20076
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
67 000
trade
-
-
-
3 197
income

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

-
-
-
9 134
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.

-
-
-
6 862
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.

-
-
-
503
total
-
-
-
19 696
Employee

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

38 419
-
67 000
-
health

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

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

6 862
-
6 862
-
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
-
503
-
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.

1 073
-
9 134
-
total
7 994
-
16 499
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
28 581
67 000
-
-
surtax

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

236
553
-
-
income
4 287
10 049
-
-
trade
4 502
10 553
-
-
chamber of commerce
194
250
-
-
total
9 219
21 405
-
-
Dividends
19 361
45 596
-
-
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.

246
606
-
-
withholding
4 459
11 018
-
-
total
4 705
11 624
-
-
Income
67 000
67 000
67 000
67 000
Total tax
21 918
33 029
16 499
19 696
After tax
45 082
33 971
50 501
47 304
Living cost
30 425
30 425
30 425
30 425
Free-cash
14 657
3 546
20 076
16 879

Estimated living cost  is ₽30425 per week

₽19138
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3547
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽568
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7171
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽8871
-₽18692
-₽9182
-₽8657
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
67 000
municipal
-
-
-
6 567
pensions
-
-
-
8 040
national
-
-
-
10 176
social contributions
-
-
-
720
total
-
-
-
25 503
Employee
78 562
-
57 921
-
municipal
9 704
-
6 826
-
pensions
3 142
-
2 317
-
national
15 037
-
10 578
-
total
27 883
-
19 721
-
Employer
78 562
-
57 921
-
social contributions
845
-
623
-
pensions
6 285
-
4 634
-
total
7 130
-
5 257
-
Corporate
-
67 000
-
-
income

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

-
13 400
-
-
total
-
13 400
-
-
Dividends
-
53 600
-
-
withholding
-
11 792
-
-
total
-
11 792
-
-
Income
67 000
67 000
67 000
67 000
Total tax
35 013
25 192
24 978
25 503
After tax
31 987
41 808
42 022
41 497
Living cost
50 679
50 679
50 679
50 679
Free-cash
-18 692
-8 871
-8 657
-9 182

Estimated living cost  is ₽50679 per week

₽34446
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4711
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽759
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10764
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽32703
₽24464
₽32892
₽17249
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
67 000
microenterprise
-
-
-
10 049
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.

-
-
-
3 162
total
-
-
-
13 211
Employee
29 351
-
53 992
-
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.

3 229
-
5 940
-
surtax
-
-
-
-
income
5 225
-
9 908
-
total
8 454
-
15 848
-
Employer
29 351
-
53 992
-
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.

7 070
-
13 006
-
surtax
-
-
-
-
total
7 070
-
13 006
-
Corporate
30 579
67 000
-
-
income

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

6 115
13 400
-
-
total
6 115
13 400
-
-
Dividends

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

24 464
53 600
-
-
total
-
-
-
-
Income
67 000
67 000
67 000
67 000
Total tax
21 639
13 400
28 854
13 211
After tax
45 361
53 600
38 146
53 789
Living cost
20 897
20 897
20 897
20 897
Free-cash
24 464
32 703
17 249
32 892

Estimated living cost  is ₽20897 per week

₽13332
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1990
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.
₽5101
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽27108
-₽32746
-₽3860
-₽32746
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
67 000
income
-
-
-
6 885
pensions
-
-
-
11 769
health
-
-
-
10 127
total
-
-
-
28 781
Employee
85 778
85 778
85 778
-
health
13 166
11 199
13 166
-
income

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

14 040
14 040
14 040
-
pensions
15 440
11 769
15 440
-
total
42 646
37 008
42 646
-
Employer
85 778
85 778
85 778
-
unemployment
3 088
3 088
3 088
-
pensions
5 970
5 970
5 970
-
health
5 963
5 963
5 963
-
total
15 021
15 021
15 021
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
67 000
67 000
67 000
67 000
Total tax
57 667
52 029
57 667
28 781
After tax
9 333
14 971
9 333
38 219
Living cost
42 079
42 079
42 079
42 079
Free-cash
-32 746
-27 108
-32 746
-3 860

Estimated living cost  is ₽42079 per week

₽29820
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3793
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽669
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7796
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽2380
-₽5960
-₽5563
-₽3183
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
67 000
municipal
-
-
-
14 191
accident
-
-
-
134
pensions
-
-
-
7 243
other
-
-
-
7 785
unemployment
-
-
-
67
health
-
-
-
4 181
national
-
-
-
-
total
-
-
-
33 601
Employee
55 518
-
50 981
-
municipal
16 555
-
15 203
-
national
-
-
-
-
total
16 555
-
15 203
-
Employer
55 518
-
50 981
-
accident
111
-
102
-
other
6 451
-
5 924
-
unemployment
1 466
-
1 346
-
pensions
6 001
-
5 511
-
health
3 414
-
3 135
-
total
17 443
-
16 018
-
Corporate
-
67 000
-
-
income
-
14 740
-
-
total
-
14 740
-
-
Dividends
-
52 260
-
-
withholding
-
15 678
-
-
total
-
15 678
-
-
Income
67 000
67 000
67 000
67 000
Total tax
33 998
30 418
31 221
33 601
After tax
33 002
36 582
35 779
33 399
Living cost
38 962
38 962
38 962
38 962
Free-cash
-5 960
-2 380
-3 183
-5 563

Estimated living cost  is ₽38962 per week

₽25823
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3823
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.
₽8725
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽5829
₽8283
₽7701
₽11041
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
67 000
trade
-
-
-
3 340
income

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

-
-
-
9 134
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.

-
-
-
6 862
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.

-
-
-
503
total
-
-
-
19 839
Employee

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

50 939
-
67 000
-
health

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

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

6 862
-
6 862
-
surtax

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

240
-
503
-
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.

4 377
-
9 134
-
total
11 479
-
16 499
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
16 061
67 000
-
-
surtax

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

133
553
-
-
income
2 409
10 049
-
-
trade
2 642
11 021
-
-
chamber of commerce
175
248
-
-
total
5 359
21 871
-
-
Dividends
10 701
45 129
-
-
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
599
-
-
withholding
2 293
10 899
-
-
total
2 419
11 498
-
-
Income
67 000
67 000
67 000
67 000
Total tax
19 257
33 369
16 499
19 839
After tax
47 743
33 631
50 501
47 161
Living cost
39 460
39 460
39 460
39 460
Free-cash
8 283
-5 829
11 041
7 701

Estimated living cost  is ₽39460 per week

₽26391
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4161
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽589
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8319
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽11707
₽12490
₽18654
₽14522
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
67 000
income
-
-
-
3 606
health
-
-
-
1 708
social contributions
-
-
-
10 452
total
-
-
-
15 766
Employee
77 239
77 239
77 239
-
social contributions
3 753
6 410
5 049
-
health
768
1 313
1 033
-
income
8 111
7 150
7 642
-
total
12 632
14 873
13 724
-
Employer
77 239
77 239
77 239
-
social contributions
3 753
6 410
5 049
-
health
837
1 430
1 125
-
total
4 590
7 840
6 174
-
Corporate
17 198
-
-
-
income
2 150
-
-
-
total
2 150
-
-
-
Dividends
15 048
-
-
-
withholding
2 558
-
-
-
total
2 558
-
-
-
Income
67 000
67 000
67 000
67 000
Total tax
21 930
22 713
19 898
15 766
After tax
45 070
44 287
47 102
51 234
Living cost
32 580
32 580
32 580
32 580
Free-cash
12 490
11 707
14 522
18 654

Estimated living cost  is ₽32580 per week

₽22272
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2545
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽547
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7217
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽19640
₽20020
₽28187
₽20613
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
67 000
income
-
-
-
8 191
pensions
-
-
-
6 700
unemployment
-
-
-
1 005
health
-
-
-
4 690
total
-
-
-
20 586
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.

26 310
10 471
56 067
-
health
1 842
733
3 925
-
income
3 216
1 280
6 854
-
pensions
2 631
1 047
5 607
-
unemployment
395
157
841
-
total
8 084
3 217
17 227
-
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.

26 310
10 471
56 067
-
pensions
5 131
2 042
10 933
-
total
5 131
2 042
10 933
-
Corporate
35 559
54 487
-
-
income
3 200
4 904
-
-
total
3 200
4 904
-
-
Dividends
32 359
49 583
-
-
social contributions
6 190
9 549
-
-
withholding
6 148
9 421
-
-
total
12 338
18 970
-
-
Income
67 000
67 000
67 000
67 000
Total tax
28 753
29 133
28 160
20 586
After tax
38 247
37 867
38 840
46 414
Living cost
18 227
18 227
18 227
18 227
Free-cash
20 020
19 640
20 613
28 187

Estimated living cost  is ₽18227 per week

₽12438
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1491
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽364
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3933
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽29338
₽23098
₽12000
₽14356
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
67 000
income
-
-
-
8 629
pensions
-
-
-
13 400
health
-
-
-
8 709
total
-
-
-
30 738
Employee
28 495
-
50 075
-
income
3 208
-
9 655
-
pensions
570
-
1 001
-
unemployment
456
-
801
-
total
4 234
-
11 457
-
Employer
28 495
-
50 075
-
unemployment
229
-
400
-
pensions
5 699
-
10 015
-
health
3 704
-
6 510
-
total
9 632
-
16 925
-
Corporate
28 873
67 000
-
-
income
5 774
13 400
-
-
total
5 774
13 400
-
-
Dividends
23 099
53 600
-
-
total
-
-
-
-
Income
67 000
67 000
67 000
67 000
Total tax
19 640
13 400
28 382
30 738
After tax
47 360
53 600
38 618
36 262
Living cost
24 262
24 262
24 262
24 262
Free-cash
23 098
29 338
14 356
12 000

Estimated living cost  is ₽24262 per week

₽16641
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1445
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽488
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5688
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽16617
₽2045
₽24153
₽12590
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
67 000
accident
-
-
-
253
income
-
-
-
13 825
pensions
-
-
-
4 169
other
-
-
-
371
health
-
-
-
2 185
total
-
-
-
20 803
Employee
34 676
-
55 657
-
health
3 970
-
6 373
-
income
4 757
-
8 384
-
pensions
3 905
-
6 267
-
total
12 632
-
21 024
-
Employer
34 676
-
55 657
-
accident
579
-
929
-
unemployment
850
-
1 363
-
pensions
5 639
-
9 050
-
total
7 068
-
11 342
-
Corporate
25 257
67 000
-
-
income

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

22 731
60 300
-
-
total
22 731
60 300
-
-
Dividends
2 526
6 700
-
-
withholding
480
1 273
-
-
total
480
1 273
-
-
Income
67 000
67 000
67 000
67 000
Total tax
42 911
61 573
32 366
20 803
After tax
24 089
5 427
34 634
46 197
Living cost
22 044
22 044
22 044
22 044
Free-cash
2 045
-16 617
12 590
24 153

Estimated living cost  is ₽22044 per week

₽16156
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1221
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽460
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4207
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽54550
₽52843
₽57230
₽44500
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
67 000
microenterprise

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

-
-
-
670
total
-
-
-
670
Employee
11 374
-
67 000
-
income
2 275
-
13 400
-
total
2 275
-
13 400
-
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%.

55 626
67 000
-
-
total
-
-
-
-
Dividends
55 626
67 000
-
-
withholding
2 782
3 350
-
-
total
2 782
3 350
-
-
Income
67 000
67 000
67 000
67 000
Total tax
5 057
3 350
13 400
670
After tax
61 943
63 650
53 600
66 330
Living cost
9 100
9 100
9 100
9 100
Free-cash
52 843
54 550
44 500
57 230

Estimated living cost  is ₽9100 per week

₽5639
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽756
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.
₽2454
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽22460
₽15676
₽9514
₽12505
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
67 000
income
-
-
-
8 509
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.

-
-
-
16 080
other
-
-
-
3 183
health
-
-
-
2 949
total
-
-
-
30 721
Employee
36 471
-
53 514
-
health
511
-
749
-
income
6 279
-
9 213
-
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.

2 552
-
3 746
-
unemployment
364
-
536
-
total
9 706
-
14 244
-
Employer
36 471
-
53 514
-
accident
292
-
429
-
other
1 824
-
2 676
-
unemployment
364
-
536
-
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.

6 201
-
9 096
-
health
511
-
749
-
total
9 192
-
13 486
-
Corporate
21 337
67 000
-
-
income
4 481
14 069
-
-
total
4 481
14 069
-
-
Dividends
16 856
52 931
-
-
withholding
1 180
3 706
-
-
total
1 180
3 706
-
-
Income
67 000
67 000
67 000
67 000
Total tax
24 559
17 775
27 730
30 721
After tax
42 441
49 225
39 270
36 279
Living cost
26 765
26 765
26 765
26 765
Free-cash
15 676
22 460
12 505
9 514

Estimated living cost  is ₽26765 per week

₽18911
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1807
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽431
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5616
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽16893
-₽40938
-₽16977
-₽24057
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
67 000
income
-
-
-
12 529
pensions
-
-
-
4 355
total
-
-
-
16 884
Employee
94 927
-
59 543
-
health
1 564
-
840
-
income
17 112
-
10 757
-
pensions
9 158
-
4 911
-
total
27 834
-
16 508
-
Employer
94 927
-
59 543
-
pensions
11 208
-
6 325
-
health
1 803
-
1 131
-
total
13 011
-
7 456
-
Corporate
-
67 000
-
-
income

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

-
12 730
-
-
total
-
12 730
-
-
Dividends
-
54 270
-
-
withholding
-
4 070
-
-
total
-
4 070
-
-
Income
67 000
67 000
67 000
67 000
Total tax
40 845
16 800
23 964
16 884
After tax
26 155
50 200
43 036
50 116
Living cost
67 093
67 093
67 093
67 093
Free-cash
-40 938
-16 893
-24 057
-16 977

Estimated living cost  is ₽67093 per week

₽50274
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7883
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽546
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8391
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽44117
₽39452
₽34416
₽35858
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
67 000
income
-
-
-
10 050
pensions

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

-
-
-
5 192
unemployment
-
-
-
140
health
-
-
-
4 034
total
-
-
-
19 416
Employee
17 436
-
60 117
-
health
802
-
1 614
-
accident

We are using the highest rate at 1.1%.

192
-
386
-
income
1 743
-
6 011
-
pensions

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

1 531
-
3 080
-
total
4 268
-
11 091
-
Employer
17 436
-
60 117
-
accident

We are using the highest rate at 1.1%.

192
-
386
-
unemployment
104
-
210
-
pensions

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

1 922
-
3 866
-
health
1 203
-
2 421
-
total
3 421
-
6 883
-
Corporate
46 143
67 000
-
-
income
4 614
6 700
-
-
total
4 614
6 700
-
-
Dividends
41 529
60 300
-
-
withholding
2 077
3 015
-
-
total
2 077
3 015
-
-
Income
67 000
67 000
67 000
67 000
Total tax
14 380
9 715
17 974
19 416
After tax
52 620
57 285
49 026
47 584
Living cost
13 168
13 168
13 168
13 168
Free-cash
39 452
44 117
35 858
34 416

Estimated living cost  is ₽13168 per week

₽7687
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽940
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽349
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4191
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽40728
-₽42431
-₽17480
-₽46366
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
67 000
income
-
-
-
6 885
pensions
-
-
-
11 769
health
-
-
-
10 127
total
-
-
-
28 781
Employee
93 127
85 778
85 778
-
health
11 618
11 199
13 166
-
income

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

14 040
14 040
14 040
-
pensions
11 769
11 769
15 440
-
total
37 427
37 008
42 646
-
Employer
93 127
85 778
85 778
-
unemployment
3 353
3 088
3 088
-
pensions
6 481
5 970
5 970
-
health
6 471
5 963
5 963
-
total
16 305
15 021
15 021
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
67 000
67 000
67 000
67 000
Total tax
53 732
52 029
57 667
28 781
After tax
13 268
14 971
9 333
38 219
Living cost
55 699
55 699
55 699
55 699
Free-cash
-42 431
-40 728
-46 366
-17 480

Estimated living cost  is ₽55699 per week

₽41088
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4975
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽639
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8999
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽22109
₽13539
₽8612
₽9980
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
67 000
income
-
-
-
5 759
health
-
-
-
9 045
solidarity contribution
-
-
-
-
social contributions
-
-
-
19 564
total
-
-
-
34 368
Employee
35 323
-
50 000
-
social contributions
2 296
-
3 250
-
health
4 769
-
6 750
-
solidarity contribution
-
-
-
-
income
4 239
-
6 000
-
total
11 304
-
16 000
-
Employer
35 323
-
50 000
-
social contributions
8 831
-
12 500
-
health
3 179
-
4 500
-
total
12 010
-
17 000
-
Corporate
19 667
67 000
-
-
income
3 737
12 730
-
-
total
3 737
12 730
-
-
Dividends
15 930
54 270
-
-
withholding
2 390
8 141
-
-
total
2 390
8 141
-
-
Income
67 000
67 000
67 000
67 000
Total tax
29 441
20 871
33 000
34 368
After tax
37 559
46 129
34 000
32 632
Living cost
24 020
24 020
24 020
24 020
Free-cash
13 539
22 109
9 980
8 612

Estimated living cost  is ₽24020 per week

₽16684
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1709
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽472
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5154
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽6638
-₽22271
-₽5995
-₽9779
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
67 000
municipal
-
-
-
398
regional
-
-
-
687
national
-
-
-
12 293
social contributions
-
-
-
17 232
total
-
-
-
30 610
Employee
89 271
-
67 000
-
social contributions
30 102
-
22 592
-
regional
842
-
601
-
municipal
473
-
355
-
national
15 469
-
10 846
-
total
46 886
-
34 394
-
Employer
89 271
-
67 000
-
total
-
-
-
-
Corporate
-
67 000
-
-
nationa
-
16 080
-
-
municipal
-
2 613
-
-
total
-
18 693
-
-
Dividends
-
48 306
-
-
withholding
-
12 560
-
-
total
-
12 560
-
-
Income
67 000
67 000
67 000
67 000
Total tax
46 886
31 253
34 394
30 610
After tax
20 114
35 747
32 606
36 390
Living cost
42 385
42 385
42 385
42 385
Free-cash
-22 271
-6 638
-9 779
-5 995

Estimated living cost  is ₽42385 per week

₽29546
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2779
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽650
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9409
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽19978
₽16852
₽14923
₽13457
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
67 000
income
-
-
-
10 667
pensions
-
-
-
13 400
other
-
-
-
-
unemployment
-
-
-
229
health
-
-
-
4 756
surtax
-
-
-
860
total
-
-
-
29 912
Employee
33 217
-
55 348
-
other
-
-
-
-
health
848
-
1 411
-
surtax
109
-
749
-
income
5 568
-
10 023
-
pensions
2 215
-
3 692
-
unemployment
2 312
-
3 852
-
total
11 052
-
19 727
-
Employer
33 217
-
55 348
-
other
-
-
-
-
unemployment
1 052
-
1 754
-
pensions
4 428
-
7 377
-
health
1 512
-
2 520
-
total
6 992
-
11 651
-
Corporate
26 791
67 000
-
-
income
6 965
17 421
-
-
total
6 965
17 421
-
-
Dividends
19 826
49 579
-
-
withholding
2 974
7 436
-
-
total
2 974
7 436
-
-
Income
67 000
67 000
67 000
67 000
Total tax
27 983
24 857
31 378
29 912
After tax
39 017
42 143
35 622
37 088
Living cost
22 165
22 165
22 165
22 165
Free-cash
16 852
19 978
13 457
14 923

Estimated living cost  is ₽22165 per week

₽13553
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2045
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽511
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6056
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽4364
-₽4714
₽4280
-₽2800
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
67 000
income
-
-
-
12 529
pensions
-
-
-
4 355
total
-
-
-
16 884
Employee
63 617
-
59 543
-
health
924
-
840
-
income
11 458
-
10 757
-
pensions
5 400
-
4 911
-
total
17 782
-
16 508
-
Employer
63 617
-
59 543
-
pensions
6 887
-
6 325
-
health
1 209
-
1 131
-
total
8 096
-
7 456
-
Corporate
-
67 000
-
-
income

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

-
12 730
-
-
total
-
12 730
-
-
Dividends
-
54 270
-
-
withholding
-
4 070
-
-
total
-
4 070
-
-
Income
67 000
67 000
67 000
67 000
Total tax
25 878
16 800
23 964
16 884
After tax
41 122
50 200
43 036
50 116
Living cost
45 836
45 836
45 836
45 836
Free-cash
-4 714
4 364
-2 800
4 280

Estimated living cost  is ₽45836 per week

₽34340
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3436
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽479
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7580
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽45757
-₽30916
-₽19782
-₽23223
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
67 000
city
-
-
-
704
pensions
-
-
-
6 163
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.

-
-
-
1 340
regional
-
-
-
1 695
health
-
-
-
249
national
-
-
-
237
total
-
-
-
10 388
Employee
89 401
-
59 968
-
city
959
-
644
-
regional
2 927
-
1 440
-
health
202
-
135
-
pensions
7 511
-
5 039
-
unemployment
-
-
-
-
national
423
-
198
-
total
12 022
-
7 456
-
Employer
89 401
-
59 968
-
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.

1 787
-
1 199
-
unemployment
-
-
-
-
pensions
7 511
-
5 039
-
health
202
-
135
-
total
9 500
-
6 373
-
Corporate
-
67 000
-
-
regional
-
14 170
-
-
national
-
5 696
-
-
total
-
19 866
-
-
Dividends
-
47 134
-
-
withholding
-
16 497
-
-
total
-
16 497
-
-
Income
67 000
67 000
67 000
67 000
Total tax
21 522
36 363
13 829
10 388
After tax
45 478
30 637
53 171
56 612
Living cost
76 394
76 394
76 394
76 394
Free-cash
-30 916
-45 757
-23 223
-19 782

Estimated living cost  is ₽76394 per week

₽49678
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6856
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽938
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18922
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽12729
₽3557
₽1005
₽4486
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
67 000
trade
-
-
-
3 481
income

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

-
-
-
9 134
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.

-
-
-
6 862
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.

-
-
-
503
total
-
-
-
19 980
Employee

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

60 367
-
67 000
-
health

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

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

6 862
-
6 862
-
surtax

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

391
-
503
-
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.

7 099
-
9 134
-
total
14 352
-
16 499
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
6 633
67 000
-
-
surtax

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

55
553
-
-
income
995
10 049
-
-
trade
1 138
11 490
-
-
chamber of commerce
162
246
-
-
total
2 350
22 338
-
-
Dividends
4 283
44 662
-
-
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.

38
593
-
-
withholding
688
10 783
-
-
total
726
11 376
-
-
Income
67 000
67 000
67 000
67 000
Total tax
17 428
33 714
16 499
19 980
After tax
49 572
33 286
50 501
47 020
Living cost
46 015
46 015
46 015
46 015
Free-cash
3 557
-12 729
4 486
1 005

Estimated living cost  is ₽46015 per week

₽33608
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3681
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽599
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8130
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽599
₽5334
₽5574
₽5951
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
67 000
income
-
-
-
3 464
pensions
-
-
-
19 029
other
-
-
-
2 078
health
-
-
-
579
surtax
-
-
-
-
social contributions
-
-
-
1 910
total
-
-
-
27 060
Employee
42 990
-
51 057
-
social contributions
1 226
-
1 456
-
surtax
-
-
-
-
income
2 537
-
3 511
-
pensions
4 861
-
5 774
-
total
8 624
-
10 741
-
Employer
42 990
-
51 057
-
other
1 483
-
1 761
-
social contributions
130
-
152
-
unemployment
1 740
-
2 068
-
pensions
7 062
-
8 387
-
health
3 010
-
3 574
-
total
13 425
-
15 942
-
Corporate
10 585
67 000
-
-
surtax
-
-
-
-
income
2 964
18 761
-
-
total
2 964
18 761
-
-
Dividends
7 621
48 239
-
-
surtax
-
-
-
-
social contributions
1 311
8 298
-
-
withholding
976
6 174
-
-
total
2 287
14 472
-
-
Income
67 000
67 000
67 000
67 000
Total tax
27 300
33 233
26 683
27 060
After tax
39 700
33 767
40 317
39 940
Living cost
34 366
34 366
34 366
34 366
Free-cash
5 334
-599
5 951
5 574

Estimated living cost  is ₽34366 per week

₽21669
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2794
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽585
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9319
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽2806
₽8389
₽8979
₽9356
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
67 000
income
-
-
-
3 464
pensions
-
-
-
19 029
other
-
-
-
2 078
health
-
-
-
579
surtax
-
-
-
-
social contributions
-
-
-
1 910
total
-
-
-
27 060
Employee
38 374
-
51 057
-
social contributions
1 094
-
1 456
-
surtax
-
-
-
-
income
1 979
-
3 511
-
pensions
4 340
-
5 774
-
total
7 413
-
10 741
-
Employer
38 374
-
51 057
-
other
1 325
-
1 761
-
social contributions
114
-
152
-
unemployment
1 554
-
2 068
-
pensions
6 306
-
8 387
-
health
2 686
-
3 574
-
total
11 985
-
15 942
-
Corporate
16 641
67 000
-
-
surtax
-
-
-
-
income
4 659
18 761
-
-
total
4 659
18 761
-
-
Dividends
11 983
48 239
-
-
surtax
-
-
-
-
social contributions
2 059
8 298
-
-
withholding
1 534
6 174
-
-
total
3 593
14 472
-
-
Income
67 000
67 000
67 000
67 000
Total tax
27 650
33 233
26 683
27 060
After tax
39 350
33 767
40 317
39 940
Living cost
30 961
30 961
30 961
30 961
Free-cash
8 389
2 806
9 356
8 979

Estimated living cost  is ₽30961 per week

₽17956
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3145
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽587
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9274
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽19576
₽20098
₽21729
₽18520
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
67 000
income
-
-
-
10 049
health
-
-
-
4 676
social contributions
-
-
-
9 247
total
-
-
-
23 972
Employee
34 058
-
67 000
-
social contributions
4 701
-
9 247
-
health
2 377
-
4 676
-
income
5 680
-
13 257
-
total
12 758
-
27 180
-
Employer
34 058
-
67 000
-
total
-
-
-
-
Corporate
32 942
67 000
-
-
income

The standard tax rate is 15%. However, small companies and agricultural companies can apply a reduced corporate income tax rate of 0% to the first year of operation when certain conditions are met; and 5% to revenues of less than €300,000 per year. We made calculations based on 5% and skipped 0%.

1 647
3 349
-
-
total
1 647
3 349
-
-
Dividends
31 296
63 651
-
-
health
2 184
4 443
-
-
social contributions
4 319
8 784
-
-
withholding
4 695
9 548
-
-
total
11 198
22 775
-
-
Income
67 000
67 000
67 000
67 000
Total tax
25 603
26 124
27 180
23 972
After tax
41 397
40 876
39 820
43 028
Living cost
21 300
21 300
21 300
21 300
Free-cash
20 098
19 576
18 520
21 729

Estimated living cost  is ₽21300 per week

₽14254
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1313
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.
₽5240
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽2728
₽872
₽967
-₽11122
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
67 000
chamber of commerce
-
-
-
269
income
-
-
-
6 489
pensions
-
-
-
12 396
unemployment
-
-
-
6 161
health
-
-
-
5 126
surtax
-
-
-
198
total
-
-
-
30 639
Employee
50 199
40 030
51 875
-
other
501
400
518
-
health
1 942
1 550
2 007
-
income
5 715
2 953
6 195
-
pensions
5 141
4 098
5 313
-
unemployment
1 506
1 201
1 555
-
total
14 805
10 202
15 588
-
Employer
50 199
40 030
51 875
-
accident
652
520
675
-
other
2 385
1 900
2 463
-
chamber of commerce
200
160
208
-
unemployment
1 506
1 201
1 555
-
surtax
198
198
198
-
pensions
6 300
5 025
6 510
-
payroll
1 506
1 201
1 555
-
health
1 897
1 514
1 961
-
total
14 644
11 719
15 125
-
Corporate
3 812
15 251
48 062
-
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.

953
3 812
12 015
-
total
953
3 812
12 015
-
Dividends
1 205
11 439
-
-
withholding
332
3 145
-
-
total
332
3 145
-
-
Income
67 000
67 000
67 000
67 000
Total tax
30 734
28 878
42 728
30 639
After tax
36 266
38 122
24 272
36 361
Living cost
35 394
35 394
35 394
35 394
Free-cash
872
2 728
-11 122
967

Estimated living cost  is ₽35394 per week

₽23606
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3019
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽581
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8187
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽1074
-₽25767
-₽2013
-₽8502
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
67 000
national
-
-
-
20 241
communal

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

-
-
-
3 502
social contributions
-
-
-
8 646
total
-
-
-
32 389
Employee

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

71 850
-
51 892
-
communal

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

3 748
-
2 707
-
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.

3 376
-
2 438
-
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.

5 389
-
3 892
-
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.

625
-
452
-
national
22 090
-
14 282
-
total
35 228
-
23 771
-
Employer

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

71 850
-
51 892
-
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.

934
-
675
-
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.

1 048
-
757
-
surtax
8 147
-
5 886
-
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.

6 367
-
4 598
-
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.

4 419
-
3 191
-
total
20 915
-
15 107
-
Corporate
-
67 000
-
-
surtax
-
269
-
-
income
-
13 400
-
-
total
-
13 669
-
-
Dividends
-
53 331
-
-
withholding

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

-
15 633
-
-
total
-
15 633
-
-
Income
67 000
67 000
67 000
67 000
Total tax
56 143
29 302
38 878
32 389
After tax
10 857
37 698
28 122
34 611
Living cost
36 624
36 624
36 624
36 624
Free-cash
-25 767
1 074
-8 502
-2 013

Estimated living cost  is ₽36624 per week

₽23591
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3202
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.
₽9258
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽8944
₽729
₽52
₽525
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
67 000
accident
-
-
-
602
income
-
-
-
10 573
pensions
-
-
-
18 961
other
-
-
-
67
unemployment
-
-
-
469
total
-
-
-
30 672
Employee
50 000
-
50 803
-
other
50
-
51
-
income
10 550
-
10 777
-
pensions
2 350
-
2 388
-
unemployment
776
-
787
-
total
13 726
-
14 003
-
Employer
50 000
-
50 803
-
accident
989
-
1 006
-
other
398
-
406
-
unemployment
2 751
-
2 794
-
pensions
11 799
-
11 990
-
total
15 937
-
16 196
-
Corporate
1 062
67 000
-
-
income

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

160
10 049
-
-
total
160
10 049
-
-
Dividends
902
56 951
-
-
withholding
172
11 731
-
-
total
172
11 731
-
-
Income
67 000
67 000
67 000
67 000
Total tax
29 995
21 780
30 199
30 672
After tax
37 005
45 220
36 801
36 328
Living cost
36 276
36 276
36 276
36 276
Free-cash
729
8 944
525
52

Estimated living cost  is ₽36276 per week

₽26713
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2573
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽522
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6466
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽12791
-₽18155
-₽11086
-₽9811
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
67 000
accident
-
-
-
602
income
-
-
-
3 607
pensions
-
-
-
10 720
health
-
-
-
5 025
surtax
-
-
-
3 545
communal
-
-
-
-
total
-
-
-
23 499
Employee
76 068
-
59 848
-
health
3 385
-
2 663
-
surtax
4 662
-
3 667
-
income
7 347
-
3 955
-
pensions
6 085
-
4 788
-
total
21 479
-
15 073
-
Employer
76 068
-
59 848
-
accident
684
-
539
-
pensions
6 085
-
4 788
-
health
2 320
-
1 824
-
total
9 089
-
7 151
-
Corporate
-
67 000
-
-
surtax
-
703
-
-
communal
-
4 523
-
-
income
-
10 049
-
-
total
-
15 275
-
-
Dividends
-
51 724
-
-
income
-
2 171
-
-
withholding
-
7 758
-
-
total
-
9 929
-
-
Income
67 000
67 000
67 000
67 000
Total tax
30 568
25 204
22 224
23 499
After tax
36 432
41 796
44 776
43 501
Living cost
54 587
54 587
54 587
54 587
Free-cash
-18 155
-12 791
-9 811
-11 086

Estimated living cost  is ₽54587 per week

₽40948
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3307
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽578
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9752
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽19581
₽16387
₽14526
₽13060
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
67 000
income
-
-
-
10 667
pensions
-
-
-
13 400
other
-
-
-
-
unemployment
-
-
-
229
health
-
-
-
4 756
surtax
-
-
-
860
total
-
-
-
29 912
Employee
33 827
-
55 348
-
other
-
-
-
-
health
863
-
1 411
-
surtax
120
-
749
-
income
5 671
-
10 023
-
pensions
2 257
-
3 692
-
unemployment
2 354
-
3 852
-
total
11 265
-
19 727
-
Employer
33 827
-
55 348
-
other
-
-
-
-
unemployment
1 073
-
1 754
-
pensions
4 510
-
7 377
-
health
1 538
-
2 520
-
total
7 121
-
11 651
-
Corporate
26 052
67 000
-
-
income
6 773
17 421
-
-
total
6 773
17 421
-
-
Dividends
19 279
49 579
-
-
withholding
2 892
7 436
-
-
total
2 892
7 436
-
-
Income
67 000
67 000
67 000
67 000
Total tax
28 051
24 857
31 378
29 912
After tax
38 949
42 143
35 622
37 088
Living cost
22 562
22 562
22 562
22 562
Free-cash
16 387
19 581
13 060
14 526

Estimated living cost  is ₽22562 per week

₽13622
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1961
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽524
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6456
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽8159
₽5931
₽9008
₽5248
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
67 000
municipal
-
-
-
398
regional
-
-
-
1 011
national
-
-
-
12 293
social contributions
-
-
-
17 232
total
-
-
-
30 934
Employee
55 719
-
67 000
-
social contributions
18 789
-
22 592
-
regional
750
-
901
-
municipal
295
-
355
-
national
8 827
-
10 846
-
total
28 661
-
34 694
-
Employer
55 719
-
67 000
-
total
-
-
-
-
Corporate
11 281
67 000
-
-
nationa
2 707
16 080
-
-
municipal
560
3 330
-
-
total
3 267
19 410
-
-
Dividends
8 013
47 589
-
-
withholding
2 083
12 373
-
-
total
2 083
12 373
-
-
Income
67 000
67 000
67 000
67 000
Total tax
34 011
31 783
34 694
30 934
After tax
32 989
35 217
32 306
36 066
Living cost
27 058
27 058
27 058
27 058
Free-cash
5 931
8 159
5 248
9 008

Estimated living cost  is ₽27058 per week

₽16828
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2741
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽463
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7026
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽16530
₽5972
₽3033
₽4401
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
67 000
income
-
-
-
5 759
health
-
-
-
9 045
solidarity contribution
-
-
-
-
social contributions
-
-
-
19 564
total
-
-
-
34 368
Employee
43 527
-
50 000
-
social contributions
2 829
-
3 250
-
health
5 876
-
6 750
-
solidarity contribution
-
-
-
-
income
5 223
-
6 000
-
total
13 928
-
16 000
-
Employer
43 527
-
50 000
-
social contributions
10 882
-
12 500
-
health
3 917
-
4 500
-
total
14 799
-
17 000
-
Corporate
8 673
67 000
-
-
income
1 648
12 730
-
-
total
1 648
12 730
-
-
Dividends
7 025
54 270
-
-
withholding
1 054
8 141
-
-
total
1 054
8 141
-
-
Income
67 000
67 000
67 000
67 000
Total tax
31 429
20 871
33 000
34 368
After tax
35 571
46 129
34 000
32 632
Living cost
29 599
29 599
29 599
29 599
Free-cash
5 972
16 530
4 401
3 033

Estimated living cost  is ₽29599 per week

₽22011
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1640
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽512
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5435
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽6182
₽5689
₽4513
-₽7733
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
67 000
chamber of commerce
-
-
-
269
income
-
-
-
6 489
pensions
-
-
-
12 396
unemployment
-
-
-
6 161
health
-
-
-
5 126
surtax
-
-
-
-
total
-
-
-
30 441
Employee
43 908
40 030
52 027
-
other
438
400
520
-
health
1 698
1 550
2 013
-
income
3 911
2 953
6 239
-
pensions
4 497
4 098
5 328
-
unemployment
1 317
1 201
1 561
-
total
11 861
10 202
15 661
-
Employer
43 908
40 030
52 027
-
accident
570
520
677
-
other
2 085
1 900
2 470
-
chamber of commerce
175
160
208
-
unemployment
1 317
1 201
1 561
-
surtax
-
-
-
-
pensions
5 511
5 025
6 529
-
payroll
1 317
1 201
1 561
-
health
1 660
1 514
1 967
-
total
12 635
11 521
14 973
-
Corporate
10 456
15 449
48 215
-
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.

2 613
3 862
12 053
-
total
2 613
3 862
12 053
-
Dividends
7 842
11 588
-
-
withholding
2 156
3 187
-
-
total
2 156
3 187
-
-
Income
67 000
67 000
67 000
67 000
Total tax
29 265
28 772
42 687
30 441
After tax
37 735
38 228
24 313
36 559
Living cost
32 046
32 046
32 046
32 046
Free-cash
5 689
6 182
-7 733
4 513

Estimated living cost  is ₽32046 per week

₽19224
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3273
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽572
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8978
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽49470
₽46811
₽52150
₽39420
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
67 000
microenterprise

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

-
-
-
670
total
-
-
-
670
Employee
17 726
-
67 000
-
income
3 545
-
13 400
-
total
3 545
-
13 400
-
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%.

49 274
67 000
-
-
total
-
-
-
-
Dividends
49 274
67 000
-
-
withholding
2 464
3 350
-
-
total
2 464
3 350
-
-
Income
67 000
67 000
67 000
67 000
Total tax
6 009
3 350
13 400
670
After tax
60 991
63 650
53 600
66 330
Living cost
14 180
14 180
14 180
14 180
Free-cash
46 811
49 470
39 420
52 150

Estimated living cost  is ₽14180 per week

₽9596
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽595
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽476
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3513
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽19188
₽10784
₽9188
₽7269
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
67 000
income
-
-
-
11 940
pensions
-
-
-
12 236
unemployment
-
-
-
101
health
-
-
-
6 593
total
-
-
-
30 870
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.

44 418
-
57 974
-
health
2 869
-
3 744
-
income
7 660
-
10 952
-
pensions
6 885
-
8 986
-
unemployment
63
-
82
-
total
17 477
-
23 764
-
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.

44 418
-
57 974
-
unemployment
27
-
34
-
pensions
3 931
-
5 131
-
health
2 958
-
3 860
-
total
6 916
-
9 025
-
Corporate
15 666
67 000
-
-
income
2 977
12 729
-
-
total
2 977
12 729
-
-
Dividends
12 689
54 271
-
-
withholding
1 904
8 141
-
-
total
1 904
8 141
-
-
Income
67 000
67 000
67 000
67 000
Total tax
29 274
20 870
32 789
30 870
After tax
37 726
46 130
34 211
36 130
Living cost
26 942
26 942
26 942
26 942
Free-cash
10 784
19 188
7 269
9 188

Estimated living cost  is ₽26942 per week

₽18490
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1727
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽522
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6205
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽2799
-₽83534
₽2740
₽10156
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
67 000
income
-
-
-
13 060
social contributions
-
-
-
7 638
total
-
-
-
20 698
Employee
62 462
-
-
-
social contributions
5 122
-
730
-
income
13 778
-
-
-
total
18 900
-
730
-
Employer
62 462
-
-
-
social contributions
88 072
-
12 552
-
total
88 072
-
12 552
-
Corporate
-
67 000
-
-
income
-
14 740
-
-
total
-
14 740
-
-
Dividends
-
52 260
-
-
income
-
11 497
-
-
total
-
11 497
-
-
Income
67 000
67 000
67 000
67 000
Total tax
106 972
26 237
13 282
20 698
After tax
-39 972
40 763
53 718
46 302
Living cost
43 562
43 562
43 562
43 562
Free-cash
-83 534
-2 799
10 156
2 740

Estimated living cost  is ₽43562 per week

₽28265
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.
₽10645
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽6604
₽5591
₽6795
₽4585
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
67 000
income
-
-
-
5 416
surtax
-
-
-
-
social contributions

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

-
-
-
23 282
total
-
-
-
28 698
Employee
46 198
-
54 141
-
social contributions
5 082
-
5 955
-
surtax
-
-
-
-
income
9 609
-
12 094
-
total
14 691
-
18 049
-
Employer
46 198
-
54 141
-
social contributions
10 972
-
12 859
-
total
10 972
-
12 859
-
Corporate
9 830
67 000
-
-
surtax
-
-
-
-
income
2 064
14 069
-
-
total
2 064
14 069
-
-
Dividends
7 766
52 931
-
-
withholding
2 175
14 820
-
-
total
2 175
14 820
-
-
Income
67 000
67 000
67 000
67 000
Total tax
29 902
28 889
30 908
28 698
After tax
37 098
38 111
36 092
38 302
Living cost
31 507
31 507
31 507
31 507
Free-cash
5 591
6 604
4 585
6 795

Estimated living cost  is ₽31507 per week

₽23574
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1859
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽526
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5549
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽14748
-₽15561
-₽8575
-₽8198
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
67 000
income
-
-
-
3 464
pensions
-
-
-
19 029
other
-
-
-
2 078
health
-
-
-
579
surtax
-
-
-
-
social contributions
-
-
-
1 910
total
-
-
-
27 060
Employee
62 912
-
51 057
-
social contributions
1 792
-
1 456
-
surtax
-
-
-
-
income
5 489
-
3 511
-
pensions
7 116
-
5 774
-
total
14 397
-
10 741
-
Employer
62 912
-
51 057
-
other
2 171
-
1 761
-
social contributions
189
-
152
-
unemployment
2 549
-
2 068
-
pensions
10 337
-
8 387
-
health
4 403
-
3 574
-
total
19 649
-
15 942
-
Corporate
-
67 000
-
-
surtax
-
-
-
-
income
-
18 761
-
-
total
-
18 761
-
-
Dividends
-
48 239
-
-
surtax
-
-
-
-
social contributions
-
8 298
-
-
withholding
-
6 174
-
-
total
-
14 472
-
-
Income
67 000
67 000
67 000
67 000
Total tax
34 046
33 233
26 683
27 060
After tax
32 954
33 767
40 317
39 940
Living cost
48 515
48 515
48 515
48 515
Free-cash
-15 561
-14 748
-8 198
-8 575

Estimated living cost  is ₽48515 per week

₽32834
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3969
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽665
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11046
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽30106
₽26731
₽21740
₽23620
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
67 000
income
-
-
-
326
social contributions
-
-
-
14 740
total
-
-
-
15 066
Employee
32 293
-
58 009
-
income
-
-
425
-
social contributions
2 099
-
3 770
-
total
2 099
-
4 195
-
Employer
32 293
-
58 009
-
social contributions
5 006
-
8 991
-
total
5 006
-
8 991
-
Corporate
29 702
67 000
-
-
income
2 970
6 700
-
-
total
2 970
6 700
-
-
Dividends
26 732
60 300
-
-
total
-
-
-
-
Income
67 000
67 000
67 000
67 000
Total tax
10 075
6 700
13 186
15 066
After tax
56 925
60 300
53 814
51 934
Living cost
30 194
30 194
30 194
30 194
Free-cash
26 731
30 106
23 620
21 740

Estimated living cost  is ₽30194 per week

₽19523
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2276
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽568
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7827
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽151845
-₽151845
-₽5483
-₽151845
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
67 000
municipal
-
-
-
11 352
pensions
-
-
-
871
national
-
-
-
6 596
labour market
-
-
-
5 290
total
-
-
-
24 109
Employee
204 175
204 175
204 175
-
labour market
16 311
16 311
16 311
-
national
24 944
24 944
24 944
-
municipal
43 478
43 478
43 478
-
pensions
290
290
290
-
total
85 023
85 023
85 023
-
Employer
204 175
204 175
204 175
-
labour market
16 334
16 334
16 334
-
municipal
43 547
43 547
43 547
-
pensions
580
580
580
-
national
24 987
24 987
24 987
-
total
85 448
85 448
85 448
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
67 000
67 000
67 000
67 000
Total tax
170 471
170 471
170 471
24 109
After tax
-103 471
-103 471
-103 471
42 891
Living cost
48 374
48 374
48 374
48 374
Free-cash
-151 845
-151 845
-151 845
-5 483

Estimated living cost  is ₽48374 per week

₽33108
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4279
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽744
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10243
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽16292
₽2097
₽24478
₽12915
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
67 000
accident
-
-
-
253
income
-
-
-
13 825
pensions
-
-
-
4 169
other
-
-
-
371
health
-
-
-
2 185
total
-
-
-
20 803
Employee
34 165
-
55 657
-
health
3 912
-
6 373
-
income
4 687
-
8 384
-
pensions
3 847
-
6 267
-
total
12 446
-
21 024
-
Employer
34 165
-
55 657
-
accident
570
-
929
-
unemployment
837
-
1 363
-
pensions
5 555
-
9 050
-
total
6 962
-
11 342
-
Corporate
25 872
67 000
-
-
income

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

23 285
60 300
-
-
total
23 285
60 300
-
-
Dividends
2 587
6 700
-
-
withholding
491
1 273
-
-
total
491
1 273
-
-
Income
67 000
67 000
67 000
67 000
Total tax
43 184
61 573
32 366
20 803
After tax
23 816
5 427
34 634
46 197
Living cost
21 719
21 719
21 719
21 719
Free-cash
2 097
-16 292
12 915
24 478

Estimated living cost  is ₽21719 per week

₽15809
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1238
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.
₽4264
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽7402
₽2893
₽12096
₽2304
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
67 000
municipal
-
-
-
11 950
health
-
-
-
612
national
-
-
-
3 778
total
-
-
-
16 340
Employee
52 847
-
56 364
-
health
395
-
448
-
municipal
8 656
-
9 228
-
pensions
3 566
-
3 805
-
unemployment
793
-
846
-
national
873
-
1 168
-
total
14 283
-
15 495
-
Employer
52 847
-
56 364
-
accident
53
-
57
-
unemployment
343
-
366
-
pensions
9 169
-
9 779
-
health
406
-
435
-
total
9 971
-
10 637
-
Corporate
4 182
67 000
-
-
income
837
13 400
-
-
total
837
13 400
-
-
Dividends

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

2 509
40 200
-
-
national
-
398
-
-
municipal
452
7 236
-
-
total
452
7 634
-
-
Income
67 000
67 000
67 000
67 000
Total tax
25 543
21 034
26 132
16 340
After tax
41 457
45 966
40 868
50 660
Living cost
38 564
38 564
38 564
38 564
Free-cash
2 893
7 402
2 304
12 096

Estimated living cost  is ₽38564 per week

₽25190
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3709
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽614
Clothing and shoes. We estimate one pair of shoes and 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

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
₽21031
₽20514
₽27978
₽23846
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
67 000
income
-
-
-
3 606
health
-
-
-
1 708
social contributions
-
-
-
10 452
total
-
-
-
15 766
Employee
77 239
77 239
77 239
-
social contributions
2 920
6 410
5 049
-
health
599
1 313
1 033
-
income
8 410
7 150
7 642
-
total
11 929
14 873
13 724
-
Employer
77 239
77 239
77 239
-
social contributions
2 920
6 410
5 049
-
health
650
1 430
1 125
-
total
3 570
7 840
6 174
-
Corporate
28 245
-
-
-
income
3 530
-
-
-
total
3 530
-
-
-
Dividends
24 714
-
-
-
withholding
4 201
-
-
-
total
4 201
-
-
-
Income
67 000
67 000
67 000
67 000
Total tax
23 230
22 713
19 898
15 766
After tax
43 770
44 287
47 102
51 234
Living cost
23 256
23 256
23 256
23 256
Free-cash
20 514
21 031
23 846
27 978

Estimated living cost  is ₽23256 per week

₽13938
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2282
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.
₽6523
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽39535
₽34425
₽35090
₽25493
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
67 000
income
-
-
-
5 909
pensions
-
-
-
6 389
unemployment
-
-
-
29
health
-
-
-
3 635
total
-
-
-
15 962
Employee

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

23 056
-
60 744
-
health
1 960
-
5 164
-
income
1 576
-
4 724
-
pensions
3 458
-
9 112
-
unemployment
114
-
303
-
total
7 108
-
19 303
-
Employer

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

23 056
-
60 744
-
unemployment
114
-
303
-
pensions
1 268
-
3 342
-
health
991
-
2 611
-
total
2 373
-
6 256
-
Corporate
41 571
67 000
-
-
income
3 742
6 029
-
-
total
3 742
6 029
-
-
Dividends
37 829
60 971
-
-
withholding
3 404
5 488
-
-
total
3 404
5 488
-
-
Income
67 000
67 000
67 000
67 000
Total tax
16 627
11 517
25 559
15 962
After tax
50 373
55 483
41 441
51 038
Living cost
15 948
15 948
15 948
15 948
Free-cash
34 425
39 535
25 493
35 090

Estimated living cost  is ₽15948 per week

₽10175
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1149
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.
₽4148
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽17598
₽12328
₽8706
₽9179
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
67 000
accident
-
-
-
602
income
-
-
-
10 573
pensions
-
-
-
18 961
other
-
-
-
67
unemployment
-
-
-
469
total
-
-
-
30 672
Employee
37 141
-
50 803
-
other
36
-
51
-
income
7 161
-
10 777
-
pensions
1 746
-
2 388
-
unemployment
576
-
787
-
total
9 519
-
14 003
-
Employer
37 141
-
50 803
-
accident
736
-
1 006
-
other
297
-
406
-
unemployment
2 043
-
2 794
-
pensions
8 765
-
11 990
-
total
11 841
-
16 196
-
Corporate
18 018
67 000
-
-
income

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

2 703
10 049
-
-
total
2 703
10 049
-
-
Dividends
15 315
56 951
-
-
withholding
2 987
11 731
-
-
total
2 987
11 731
-
-
Income
67 000
67 000
67 000
67 000
Total tax
27 050
21 780
30 199
30 672
After tax
39 950
45 220
36 801
36 328
Living cost
27 622
27 622
27 622
27 622
Free-cash
12 328
17 598
9 179
8 706

Estimated living cost  is ₽27622 per week

₽18644
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2655
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.
₽5839
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽39058
₽38607
₽39185
₽38989
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
67 000
income
-
-
-
21 604
pensions
-
-
-
2 006
health
-
-
-
1 455
total
-
-
-
25 065
Employee
4 189
-
64 743
-
health
209
-
502
-
income
810
-
21 499
-
pensions
377
-
903
-
unemployment
42
-
100
-
total
1 438
-
23 004
-
Employer
4 189
-
64 743
-
unemployment
84
-
201
-
pensions
461
-
1 103
-
health
398
-
953
-
total
943
-
2 257
-
Corporate
61 868
67 000
-
-
income
13 611
14 740
-
-
total
13 611
14 740
-
-
Dividends
48 257
52 260
-
-
withholding
9 651
10 452
-
-
total
9 651
10 452
-
-
Income
67 000
67 000
67 000
67 000
Total tax
25 643
25 192
25 261
25 065
After tax
41 357
41 808
41 739
41 935
Living cost
2 750
2 750
2 750
2 750
Free-cash
38 607
39 058
38 989
39 185

Estimated living cost  is ₽2750 per week

₽1635
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.
₽830
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽31038
₽26097
₽15520
₽18306
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
67 000
income
-
-
-
8 784
pensions
-
-
-
17 420
unemployment
-
-
-
1 005
health
-
-
-
6 901
total
-
-
-
34 110
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.

26 193
-
56 828
-
health
1 349
-
2 927
-
income
3 610
-
9 843
-
pensions
3 667
-
7 956
-
unemployment
196
-
426
-
total
8 822
-
21 152
-
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.

26 193
-
56 828
-
unemployment
196
-
426
-
pensions
3 143
-
6 819
-
health
1 349
-
2 927
-
total
4 688
-
10 172
-
Corporate
36 119
67 000
-
-
income
5 418
10 050
-
-
total
5 418
10 050
-
-
Dividends
30 701
56 950
-
-
withholding
4 605
8 542
-
-
total
4 605
8 542
-
-
Income
67 000
67 000
67 000
67 000
Total tax
23 533
18 592
31 324
34 110
After tax
43 467
48 408
35 676
32 890
Living cost
17 370
17 370
17 370
17 370
Free-cash
26 097
31 038
18 306
15 520

Estimated living cost  is ₽17370 per week

₽11695
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1344
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽503
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3828
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽11031
₽10667
₽11222
₽9012
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
67 000
income
-
-
-
5 416
surtax
-
-
-
-
social contributions

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

-
-
-
23 282
total
-
-
-
28 698
Employee
38 986
-
54 141
-
social contributions
4 289
-
5 955
-
surtax
-
-
-
-
income
7 618
-
12 094
-
total
11 907
-
18 049
-
Employer
38 986
-
54 141
-
social contributions
9 258
-
12 859
-
total
9 258
-
12 859
-
Corporate
18 756
67 000
-
-
surtax
-
-
-
-
income
3 938
14 069
-
-
total
3 938
14 069
-
-
Dividends
14 818
52 931
-
-
withholding
4 150
14 820
-
-
total
4 150
14 820
-
-
Income
67 000
67 000
67 000
67 000
Total tax
29 253
28 889
30 908
28 698
After tax
37 747
38 111
36 092
38 302
Living cost
27 080
27 080
27 080
27 080
Free-cash
10 667
11 031
9 012
11 222

Estimated living cost  is ₽27080 per week

₽19180
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1881
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽480
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5539
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽9918
₽2078
₽1026
₽1499
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
67 000
accident
-
-
-
602
income
-
-
-
10 573
pensions
-
-
-
18 961
other
-
-
-
67
unemployment
-
-
-
469
total
-
-
-
30 672
Employee
48 511
-
50 803
-
other
48
-
51
-
income
10 132
-
10 777
-
pensions
2 280
-
2 388
-
unemployment
751
-
787
-
total
13 211
-
14 003
-
Employer
48 511
-
50 803
-
accident
961
-
1 006
-
other
389
-
406
-
unemployment
2 669
-
2 794
-
pensions
11 448
-
11 990
-
total
15 467
-
16 196
-
Corporate
3 022
67 000
-
-
income

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

454
10 049
-
-
total
454
10 049
-
-
Dividends
2 568
56 951
-
-
withholding
488
11 731
-
-
total
488
11 731
-
-
Income
67 000
67 000
67 000
67 000
Total tax
29 620
21 780
30 199
30 672
After tax
37 380
45 220
36 801
36 328
Living cost
35 302
35 302
35 302
35 302
Free-cash
2 078
9 918
1 499
1 026

Estimated living cost  is ₽35302 per week

₽25352
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2745
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽498
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6708
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽40009
₽33891
₽30308
₽31750
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
67 000
income
-
-
-
10 050
pensions

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

-
-
-
5 192
unemployment
-
-
-
140
health
-
-
-
4 034
total
-
-
-
19 416
Employee
22 876
-
60 117
-
health
1 052
-
1 614
-
accident

We are using the highest rate at 1.1%.

251
-
386
-
income
2 288
-
6 011
-
pensions

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

2 008
-
3 080
-
total
5 599
-
11 091
-
Employer
22 876
-
60 117
-
accident

We are using the highest rate at 1.1%.

251
-
386
-
unemployment
137
-
210
-
pensions

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

2 521
-
3 866
-
health
1 579
-
2 421
-
total
4 488
-
6 883
-
Corporate
39 635
67 000
-
-
income
3 963
6 700
-
-
total
3 963
6 700
-
-
Dividends
35 672
60 300
-
-
withholding
1 783
3 015
-
-
total
1 783
3 015
-
-
Income
67 000
67 000
67 000
67 000
Total tax
15 833
9 715
17 974
19 416
After tax
51 167
57 285
49 026
47 584
Living cost
17 276
17 276
17 276
17 276
Free-cash
33 891
40 009
31 750
30 308

Estimated living cost  is ₽17276 per week

₽11426
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽989
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽412
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4449
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽4119
₽9025
₽8808
₽11721
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
67 000
trade
-
-
-
2 913
income

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

-
-
-
9 134
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.

-
-
-
6 862
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.

-
-
-
503
total
-
-
-
19 412
Employee

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

49 979
-
67 000
-
health

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

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

6 862
-
6 862
-
surtax

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

227
-
503
-
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.

4 110
-
9 134
-
total
11 199
-
16 499
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
17 021
67 000
-
-
surtax

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

141
553
-
-
income
2 552
10 049
-
-
trade
2 442
9 615
-
-
chamber of commerce
177
252
-
-
total
5 312
20 469
-
-
Dividends
11 709
46 532
-
-
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.

139
620
-
-
withholding
2 545
11 250
-
-
total
2 684
11 870
-
-
Income
67 000
67 000
67 000
67 000
Total tax
19 195
32 339
16 499
19 412
After tax
47 805
34 661
50 501
47 588
Living cost
38 780
38 780
38 780
38 780
Free-cash
9 025
-4 119
11 721
8 808

Estimated living cost  is ₽38780 per week

₽26751
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4173
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽562
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7293
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽10320
-₽11573
-₽5729
-₽5729
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
67 000
income
-
-
-
10 255
social contributions
-
-
-
5 255
total
-
-
-
15 510
Employee
78 572
-
67 000
-
income
14 826
-
10 255
-
social contributions
6 528
-
5 255
-
total
21 354
-
15 510
-
Employer
78 572
-
67 000
-
total
-
-
-
-
Corporate
-
67 000
-
-
income
-
8 376
-
-
total
-
8 376
-
-
Dividends
-
58 624
-
-
withholding
-
11 725
-
-
total
-
11 725
-
-
Income
67 000
67 000
67 000
67 000
Total tax
21 354
20 101
15 510
15 510
After tax
45 646
46 899
51 490
51 490
Living cost
57 219
57 219
57 219
57 219
Free-cash
-11 573
-10 320
-5 729
-5 729

Estimated living cost  is ₽57219 per week

₽43531
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4662
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽547
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8479
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽1780
₽7598
-₽4787
₽12222
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
67 000
income
-
-
-
28 593
health

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

-
-
-
6 731
total
-
-
-
35 324
Employee
46 079
-
62 379
-
income
5 000
-
9 073
-
social contributions
4 617
-
4 621
-
total
9 617
-
13 694
-
Employer
46 079
-
62 379
-
social contributions
4 617
-
4 621
-
total
4 617
-
4 621
-
Corporate
16 304
67 000
-
-
income
5 707
23 450
-
-
total
5 707
23 450
-
-
Dividends
10 597
43 550
-
-
social contributions
2 998
5 307
-
-
total
2 998
5 307
-
-
Income
67 000
67 000
67 000
67 000
Total tax
22 939
28 757
18 315
35 324
After tax
44 061
38 243
48 685
31 676
Living cost
36 463
36 463
36 463
36 463
Free-cash
7 598
1 780
12 222
-4 787

Estimated living cost  is ₽36463 per week

₽24018
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2875
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽559
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9010
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Sliema model

Close
Edinburgh , United Kingdom
₽12937
₽7276
₽12853
₽5773
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
67 000
income
-
-
-
12 529
pensions
-
-
-
4 355
total
-
-
-
16 884
Employee
51 149
-
59 543
-
health
667
-
840
-
income
9 315
-
10 757
-
pensions
3 904
-
4 911
-
total
13 886
-
16 508
-
Employer
51 149
-
59 543
-
pensions
5 168
-
6 325
-
health
972
-
1 131
-
total
6 140
-
7 456
-
Corporate
9 711
67 000
-
-
income

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

1 845
12 730
-
-
total
1 845
12 730
-
-
Dividends
7 866
54 270
-
-
withholding
590
4 070
-
-
total
590
4 070
-
-
Income
67 000
67 000
67 000
67 000
Total tax
22 461
16 800
23 964
16 884
After tax
44 539
50 200
43 036
50 116
Living cost
37 263
37 263
37 263
37 263
Free-cash
7 276
12 937
5 773
12 853

Estimated living cost  is ₽37263 per week

₽25562
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3427
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽466
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7806
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

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
-₽18442
₽1766
₽22328
₽10765
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
67 000
accident
-
-
-
253
income
-
-
-
13 825
pensions
-
-
-
4 169
other
-
-
-
371
health
-
-
-
2 185
total
-
-
-
20 803
Employee
37 547
-
55 657
-
health
4 299
-
6 373
-
income
5 151
-
8 384
-
pensions
4 228
-
6 267
-
total
13 678
-
21 024
-
Employer
37 547
-
55 657
-
accident
627
-
929
-
unemployment
920
-
1 363
-
pensions
6 105
-
9 050
-
total
7 652
-
11 342
-
Corporate
21 802
67 000
-
-
income

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

19 621
60 300
-
-
total
19 621
60 300
-
-
Dividends
2 180
6 700
-
-
withholding
414
1 273
-
-
total
414
1 273
-
-
Income
67 000
67 000
67 000
67 000
Total tax
41 365
61 573
32 366
20 803
After tax
25 635
5 427
34 634
46 197
Living cost
23 869
23 869
23 869
23 869
Free-cash
1 766
-18 442
10 765
22 328

Estimated living cost  is ₽23869 per week

₽17517
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1391
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.
₽4480
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽43384
₽38500
₽25625
₽25625
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
67 000
work injury
-
-
-
335
health insurance
-
-
-
4 958
income
-
-
-
9 384
pensions
-
-
-
12 328
unemployment
-
-
-
804
total
-
-
-
27 809
Employee

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

21 706
-
67 000
-
work injury
109
-
335
-
income
2 171
-
9 384
-
pensions
3 994
-
12 328
-
health insurance
1 606
-
4 958
-
unemployment
260
-
804
-
total
8 140
-
27 809
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
45 294
67 000
-
-
income

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

-
-
-
-
total
-
-
-
-
Dividends
45 294
67 000
-
-
withholding
6 794
10 050
-
-
total
6 794
10 050
-
-
Income
67 000
67 000
67 000
67 000
Total tax
14 934
10 050
27 809
27 809
After tax
52 066
56 950
39 191
39 191
Living cost
13 566
13 566
13 566
13 566
Free-cash
38 500
43 384
25 625
25 625

Estimated living cost  is ₽13566 per week

₽8404
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽986
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽423
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3753
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽4725
-₽17644
-₽4061
-₽7781
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
67 000
municipal
-
-
-
448
regional
-
-
-
1 072
national
-
-
-
12 293
social contributions
-
-
-
17 232
total
-
-
-
31 045
Employee
84 643
-
67 000
-
social contributions
28 541
-
22 592
-
regional
1 278
-
927
-
municipal
505
-
400
-
national
14 304
-
10 846
-
total
44 628
-
34 765
-
Employer
84 643
-
67 000
-
total
-
-
-
-
Corporate
-
67 000
-
-
nationa
-
16 080
-
-
municipal
-
3 229
-
-
total
-
19 309
-
-
Dividends
-
47 690
-
-
withholding
-
12 400
-
-
total
-
12 400
-
-
Income
67 000
67 000
67 000
67 000
Total tax
44 628
31 709
34 765
31 045
After tax
22 372
35 291
32 235
35 955
Living cost
40 016
40 016
40 016
40 016
Free-cash
-17 644
-4 725
-7 781
-4 061

Estimated living cost  is ₽40016 per week

₽28108
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2753
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽604
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8549
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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