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
₽ 68000
per

Your estimated
City
free-cash

Dresden , Germany
₽17554
₽20978
₽15342
₽4340
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
68 000
trade
-
-
-
3 424
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.

-
-
-
6 796
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.

-
-
-
9 567
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.

-
-
-
527
total
-
-
-
20 314
Employee

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

38 049
-
68 000
-
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.

59
-
527
-
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.

1 063
-
9 567
-
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.

6 796
-
6 796
-
total
7 918
-
16 890
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
29 951
68 000
-
-
trade
4 718
10 710
-
-
surtax

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

247
561
-
-
income
4 493
10 200
-
-
chamber of commerce
194
249
-
-
total
9 652
21 720
-
-
Dividends
20 299
46 281
-
-
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.

259
615
-
-
withholding
4 697
11 193
-
-
total
4 956
11 808
-
-
Income
68 000
68 000
68 000
68 000
Total tax
22 526
33 528
16 890
20 314
After tax
45 474
34 472
51 110
47 686
Living cost
30 132
30 132
30 132
30 132
Free-cash
15 342
4 340
20 978
17 554

Estimated living cost  is ₽30132 per week

₽18954
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3513
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽563
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7102
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽8155
-₽7621
-₽16867
-₽7760
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
68 000
social contributions
-
-
-
731
municipal
-
-
-
6 696
national
-
-
-
10 376
pensions
-
-
-
8 160
total
-
-
-
25 963
Employee
77 807
-
58 785
-
pensions
3 112
-
2 351
-
national
14 892
-
10 784
-
municipal
9 610
-
6 959
-
total
27 614
-
20 094
-
Employer
77 807
-
58 785
-
pensions
6 225
-
4 703
-
social contributions
836
-
632
-
total
7 061
-
5 335
-
Corporate
-
68 000
-
-
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%.

-
13 600
-
-
total
-
13 600
-
-
Dividends
-
54 400
-
-
withholding
-
11 968
-
-
total
-
11 968
-
-
Income
68 000
68 000
68 000
68 000
Total tax
34 675
25 568
25 429
25 963
After tax
33 325
42 432
42 571
42 037
Living cost
50 192
50 192
50 192
50 192
Free-cash
-16 867
-7 760
-7 621
-8 155

Estimated living cost  is ₽50192 per week

₽34115
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4666
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽751
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10660
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽33972
₽17991
₽25544
₽33704
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
68 000
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.

-
-
-
3 132
income
-
-
-
-
microenterprise
-
-
-
10 200
surtax
-
-
-
-
total
-
-
-
13 332
Employee
29 068
-
54 799
-
income
5 174
-
10 084
-
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.

3 198
-
6 028
-
surtax
-
-
-
-
total
8 372
-
16 112
-
Employer
29 068
-
54 799
-
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.

7 002
-
13 201
-
surtax
-
-
-
-
total
7 002
-
13 201
-
Corporate
31 930
68 000
-
-
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%.

6 386
13 600
-
-
total
6 386
13 600
-
-
Dividends

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

25 543
54 400
-
-
total
-
-
-
-
Income
68 000
68 000
68 000
68 000
Total tax
21 760
13 600
29 313
13 332
After tax
46 240
54 400
38 687
54 668
Living cost
20 696
20 696
20 696
20 696
Free-cash
25 544
33 704
17 991
33 972

Estimated living cost  is ₽20696 per week

₽13203
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1971
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽470
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5052
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽2899
-₽30784
-₽30784
-₽25200
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
68 000
health
-
-
-
10 124
income
-
-
-
7 447
pensions
-
-
-
11 655
total
-
-
-
29 226
Employee
84 952
84 952
84 952
-
income

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

13 905
13 905
13 905
-
pensions
15 291
11 655
15 291
-
health
13 039
11 091
13 039
-
total
42 235
36 651
42 235
-
Employer
84 952
84 952
84 952
-
pensions
5 913
5 913
5 913
-
health
5 905
5 905
5 905
-
unemployment
3 058
3 058
3 058
-
total
14 876
14 876
14 876
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Income
68 000
68 000
68 000
68 000
Total tax
57 111
51 527
57 111
29 226
After tax
10 889
16 473
10 889
38 774
Living cost
41 673
41 673
41 673
41 673
Free-cash
-30 784
-25 200
-30 784
-2 899

Estimated living cost  is ₽41673 per week

₽29533
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3757
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽663
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7721
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽4461
-₽2046
-₽3829
-₽1230
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
68 000
other
-
-
-
7 902
unemployment
-
-
-
68
accident
-
-
-
136
municipal
-
-
-
14 403
health
-
-
-
4 243
national
-
-
-
-
pensions
-
-
-
7 351
total
-
-
-
34 103
Employee
54 657
-
51 742
-
national
-
-
-
-
municipal
16 299
-
15 430
-
total
16 299
-
15 430
-
Employer
54 657
-
51 742
-
pensions
5 908
-
5 593
-
other
6 351
-
6 013
-
accident
109
-
104
-
health
3 361
-
3 182
-
unemployment
1 443
-
1 366
-
total
17 172
-
16 258
-
Corporate
-
68 000
-
-
income
-
14 960
-
-
total
-
14 960
-
-
Dividends
-
53 040
-
-
withholding
-
15 912
-
-
total
-
15 912
-
-
Income
68 000
68 000
68 000
68 000
Total tax
33 471
30 872
31 688
34 103
After tax
34 529
37 128
36 312
33 897
Living cost
38 358
38 358
38 358
38 358
Free-cash
-3 829
-1 230
-2 046
-4 461

Estimated living cost  is ₽38358 per week

₽25422
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3764
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽583
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8590
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽8453
₽12030
₽9022
-₽4957
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
68 000
trade
-
-
-
3 577
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.

-
-
-
6 796
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.

-
-
-
9 567
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.

-
-
-
527
total
-
-
-
20 467
Employee

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

50 448
-
68 000
-
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.

238
-
527
-
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.

4 334
-
9 567
-
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.

6 796
-
6 796
-
total
11 368
-
16 890
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
17 552
68 000
-
-
trade
2 886
11 185
-
-
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.

145
561
-
-
income
2 633
10 200
-
-
chamber of commerce
176
247
-
-
total
5 840
22 193
-
-
Dividends
11 711
45 807
-
-
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.

140
610
-
-
withholding
2 550
11 074
-
-
total
2 690
11 684
-
-
Income
68 000
68 000
68 000
68 000
Total tax
19 898
33 877
16 890
20 467
After tax
48 102
34 123
51 110
47 533
Living cost
39 080
39 080
39 080
39 080
Free-cash
9 022
-4 957
12 030
8 453

Estimated living cost  is ₽39080 per week

₽26137
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4121
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽583
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8238
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽19481
₽15771
₽13563
₽13238
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
68 000
social contributions
-
-
-
10 608
health
-
-
-
1 735
income
-
-
-
3 910
total
-
-
-
16 253
Employee
76 495
76 495
76 495
-
income
8 033
7 081
7 523
-
social contributions
3 717
6 349
5 124
-
health
761
1 301
1 050
-
total
12 511
14 731
13 697
-
Employer
76 495
76 495
76 495
-
health
829
1 416
1 142
-
social contributions
3 717
6 349
5 124
-
total
4 546
7 765
6 266
-
Corporate
18 677
-
-
-
income
2 335
-
-
-
total
2 335
-
-
-
Dividends
16 342
-
-
-
withholding
2 779
-
-
-
total
2 779
-
-
-
Income
68 000
68 000
68 000
68 000
Total tax
22 171
22 496
19 963
16 253
After tax
45 829
45 504
48 037
51 747
Living cost
32 266
32 266
32 266
32 266
Free-cash
13 563
13 238
15 771
19 481

Estimated living cost  is ₽32266 per week

₽22057
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2520
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽542
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7147
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28814
₽21128
₽20517
₽20134
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
68 000
unemployment
-
-
-
1 020
health
-
-
-
4 760
income
-
-
-
8 313
pensions
-
-
-
6 800
total
-
-
-
20 893
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.

26 407
10 509
56 904
-
income
3 228
1 285
6 956
-
pensions
2 641
1 051
5 690
-
unemployment
396
158
854
-
health
1 848
736
3 983
-
total
8 113
3 230
17 483
-
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.

26 407
10 509
56 904
-
pensions
5 149
2 049
11 096
-
total
5 149
2 049
11 096
-
Corporate
36 444
55 441
-
-
income
3 280
4 990
-
-
total
3 280
4 990
-
-
Dividends
33 164
50 452
-
-
social contributions
6 347
9 718
-
-
withholding
6 301
9 586
-
-
total
12 648
19 304
-
-
Income
68 000
68 000
68 000
68 000
Total tax
29 190
29 573
28 579
20 893
After tax
38 810
38 427
39 421
47 107
Living cost
18 293
18 293
18 293
18 293
Free-cash
20 517
20 134
21 128
28 814

Estimated living cost  is ₽18293 per week

₽12483
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1497
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽366
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3947
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽12643
₽15165
₽24191
₽30372
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
68 000
health
-
-
-
8 841
income
-
-
-
8 888
pensions
-
-
-
13 600
total
-
-
-
31 329
Employee
28 221
-
50 823
-
income
3 177
-
9 800
-
pensions
564
-
1 016
-
unemployment
451
-
814
-
total
4 192
-
11 630
-
Employer
28 221
-
50 823
-
pensions
5 645
-
10 164
-
health
3 668
-
6 607
-
unemployment
227
-
406
-
total
9 540
-
17 177
-
Corporate
30 240
68 000
-
-
income
6 049
13 600
-
-
total
6 049
13 600
-
-
Dividends
24 192
54 400
-
-
total
-
-
-
-
Income
68 000
68 000
68 000
68 000
Total tax
19 781
13 600
28 807
31 329
After tax
48 219
54 400
39 193
36 671
Living cost
24 028
24 028
24 028
24 028
Free-cash
24 191
30 372
15 165
12 643

Estimated living cost  is ₽24028 per week

₽16481
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1431
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽483
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5633
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽25005
₽13160
₽2154
-₽16358
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
68 000
other
-
-
-
368
accident
-
-
-
251
health
-
-
-
2 168
income
-
-
-
14 207
pensions
-
-
-
4 135
total
-
-
-
21 129
Employee
34 396
-
56 488
-
income
4 719
-
8 633
-
pensions
3 873
-
6 361
-
health
3 938
-
6 468
-
total
12 530
-
21 462
-
Employer
34 396
-
56 488
-
pensions
5 593
-
9 185
-
accident
574
-
943
-
unemployment
843
-
1 384
-
total
7 010
-
11 512
-
Corporate
26 594
68 000
-
-
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.

23 935
61 200
-
-
total
23 935
61 200
-
-
Dividends
2 659
6 800
-
-
withholding
505
1 292
-
-
total
505
1 292
-
-
Income
68 000
68 000
68 000
68 000
Total tax
43 980
62 492
32 974
21 129
After tax
24 020
5 508
35 026
46 871
Living cost
21 866
21 866
21 866
21 866
Free-cash
2 154
-16 358
13 160
25 005

Estimated living cost  is ₽21866 per week

₽16026
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1211
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽456
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4173
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽58360
₽45440
₽53960
₽55640
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
68 000
microenterprise

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

-
-
-
680
total
-
-
-
680
Employee
11 199
-
68 000
-
income
2 240
-
13 600
-
total
2 240
-
13 600
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

56 801
68 000
-
-
total
-
-
-
-
Dividends
56 801
68 000
-
-
withholding
2 840
3 400
-
-
total
2 840
3 400
-
-
Income
68 000
68 000
68 000
68 000
Total tax
5 080
3 400
13 600
680
After tax
62 920
64 600
54 400
67 320
Living cost
8 960
8 960
8 960
8 960
Free-cash
53 960
55 640
45 440
58 360

Estimated living cost  is ₽8960 per week

₽5552
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽745
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽246
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2416
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽10314
₽13349
₽16733
₽23453
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
68 000
other
-
-
-
3 230
health
-
-
-
2 992
income
-
-
-
8 637
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.

-
-
-
16 320
total
-
-
-
31 179
Employee
36 120
-
54 311
-
income
6 218
-
9 348
-
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.

2 528
-
3 802
-
unemployment
361
-
544
-
health
506
-
761
-
total
9 613
-
14 455
-
Employer
36 120
-
54 311
-
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.

6 141
-
9 233
-
other
1 807
-
2 717
-
accident
289
-
434
-
health
506
-
761
-
unemployment
361
-
544
-
total
9 104
-
13 689
-
Corporate
22 777
68 000
-
-
income
4 784
14 279
-
-
total
4 784
14 279
-
-
Dividends
17 993
53 721
-
-
withholding
1 259
3 761
-
-
total
1 259
3 761
-
-
Income
68 000
68 000
68 000
68 000
Total tax
24 760
18 040
28 144
31 179
After tax
43 240
49 960
39 856
36 821
Living cost
26 507
26 507
26 507
26 507
Free-cash
16 733
23 453
13 349
10 314

Estimated living cost  is ₽26507 per week

₽18729
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1790
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽427
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5561
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽15946
-₽23171
-₽39441
-₽15834
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
68 000
income
-
-
-
12 709
pensions
-
-
-
4 453
total
-
-
-
17 162
Employee
94 489
-
60 400
-
income
17 033
-
10 904
-
pensions
9 116
-
5 025
-
health
1 557
-
858
-
total
27 706
-
16 787
-
Employer
94 489
-
60 400
-
pensions
11 156
-
6 452
-
health
1 795
-
1 148
-
total
12 951
-
7 600
-
Corporate
-
68 000
-
-
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.

-
12 920
-
-
total
-
12 920
-
-
Dividends
-
55 080
-
-
withholding
-
4 130
-
-
total
-
4 130
-
-
Income
68 000
68 000
68 000
68 000
Total tax
40 657
17 050
24 387
17 162
After tax
27 343
50 950
43 613
50 838
Living cost
66 784
66 784
66 784
66 784
Free-cash
-39 441
-15 834
-23 171
-15 946

Estimated living cost  is ₽66784 per week

₽50043
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7847
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽543
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8353
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽35503
₽37015
₽40495
₽45111
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
68 000
unemployment
-
-
-
139
health
-
-
-
3 992
income
-
-
-
10 200
pensions

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

-
-
-
5 137
total
-
-
-
19 468
Employee
17 253
-
61 190
-
income
1 725
-
6 119
-
pensions

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

1 515
-
3 048
-
health
794
-
1 597
-
accident

We are using the highest rate at 1.1%.

190
-
382
-
total
4 224
-
11 146
-
Employer
17 253
-
61 190
-
pensions

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

1 901
-
3 825
-
accident

We are using the highest rate at 1.1%.

190
-
382
-
health
1 191
-
2 395
-
unemployment
103
-
208
-
total
3 385
-
6 810
-
Corporate
47 362
68 000
-
-
income
4 736
6 800
-
-
total
4 736
6 800
-
-
Dividends
42 626
61 200
-
-
withholding
2 131
3 060
-
-
total
2 131
3 060
-
-
Income
68 000
68 000
68 000
68 000
Total tax
14 476
9 860
17 956
19 468
After tax
53 524
58 140
50 044
48 532
Living cost
13 029
13 029
13 029
13 029
Free-cash
40 495
45 111
37 015
35 503

Estimated living cost  is ₽13029 per week

₽7607
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽930
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽345
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4147
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽16389
-₽44274
-₽40378
-₽38690
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
68 000
health
-
-
-
10 124
income
-
-
-
7 447
pensions
-
-
-
11 655
total
-
-
-
29 226
Employee
92 230
84 952
84 952
-
income

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

13 905
13 905
13 905
-
pensions
11 655
11 655
15 291
-
health
11 506
11 091
13 039
-
total
37 066
36 651
42 235
-
Employer
92 230
84 952
84 952
-
pensions
6 419
5 913
5 913
-
health
6 409
5 905
5 905
-
unemployment
3 321
3 058
3 058
-
total
16 149
14 876
14 876
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Income
68 000
68 000
68 000
68 000
Total tax
53 215
51 527
57 111
29 226
After tax
14 785
16 473
10 889
38 774
Living cost
55 163
55 163
55 163
55 163
Free-cash
-40 378
-38 690
-44 274
-16 389

Estimated living cost  is ₽55163 per week

₽40692
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4927
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽632
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8912
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽9075
₽10462
₽14197
₽22774
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
68 000
social contributions
-
-
-
19 856
health
-
-
-
9 180
income
-
-
-
5 845
solidarity contribution
-
-
-
-
total
-
-
-
34 881
Employee
35 360
-
50 746
-
income
4 243
-
6 090
-
solidarity contribution
-
-
-
-
social contributions
2 298
-
3 299
-
health
4 774
-
6 851
-
total
11 315
-
16 240
-
Employer
35 360
-
50 746
-
health
3 182
-
4 567
-
social contributions
8 840
-
12 687
-
total
12 022
-
17 254
-
Corporate
20 618
68 000
-
-
income
3 917
12 920
-
-
total
3 917
12 920
-
-
Dividends
16 701
55 080
-
-
withholding
2 505
8 262
-
-
total
2 505
8 262
-
-
Income
68 000
68 000
68 000
68 000
Total tax
29 759
21 182
33 494
34 881
After tax
38 241
46 818
34 506
33 119
Living cost
24 044
24 044
24 044
24 044
Free-cash
14 197
22 774
10 462
9 075

Estimated living cost  is ₽24044 per week

₽16702
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1711
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽473
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5160
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽5074
-₽8916
-₽20411
-₽5696
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
68 000
social contributions
-
-
-
17 489
municipal
-
-
-
404
national
-
-
-
12 505
regional
-
-
-
699
total
-
-
-
31 097
Employee
88 411
-
68 000
-
national
15 320
-
11 036
-
social contributions
29 812
-
22 929
-
municipal
468
-
361
-
regional
834
-
613
-
total
46 434
-
34 939
-
Employer
88 411
-
68 000
-
total
-
-
-
-
Corporate
-
68 000
-
-
nationa
-
16 320
-
-
municipal
-
2 652
-
-
total
-
18 972
-
-
Dividends
-
49 027
-
-
withholding
-
12 747
-
-
total
-
12 747
-
-
Income
68 000
68 000
68 000
68 000
Total tax
46 434
31 719
34 939
31 097
After tax
21 566
36 281
33 061
36 903
Living cost
41 977
41 977
41 977
41 977
Free-cash
-20 411
-5 696
-8 916
-5 074

Estimated living cost  is ₽41977 per week

₽29261
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2752
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽644
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9318
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽15570
₽14078
₽17723
₽20822
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
68 000
other
-
-
-
-
unemployment
-
-
-
227
health
-
-
-
4 827
income
-
-
-
10 912
surtax
-
-
-
912
pensions
-
-
-
13 600
total
-
-
-
30 478
Employee
32 897
-
56 175
-
income
5 514
-
10 256
-
pensions
2 194
-
3 747
-
unemployment
2 290
-
3 910
-
health
840
-
1 433
-
other
-
-
-
-
surtax
108
-
799
-
total
10 946
-
20 145
-
Employer
32 897
-
56 175
-
pensions
4 385
-
7 489
-
other
-
-
-
-
health
1 497
-
2 556
-
unemployment
1 042
-
1 780
-
total
6 924
-
11 825
-
Corporate
28 178
68 000
-
-
income
7 327
17 679
-
-
total
7 327
17 679
-
-
Dividends
20 852
50 321
-
-
withholding
3 128
7 547
-
-
total
3 128
7 547
-
-
Income
68 000
68 000
68 000
68 000
Total tax
28 325
25 226
31 970
30 478
After tax
39 675
42 774
36 030
37 522
Living cost
21 952
21 952
21 952
21 952
Free-cash
17 723
20 822
14 078
15 570

Estimated living cost  is ₽21952 per week

₽13422
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2026
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽506
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5998
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽5213
-₽2012
-₽3382
₽5325
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
68 000
income
-
-
-
12 709
pensions
-
-
-
4 453
total
-
-
-
17 162
Employee
63 324
-
60 400
-
income
11 405
-
10 904
-
pensions
5 375
-
5 025
-
health
919
-
858
-
total
17 699
-
16 787
-
Employer
63 324
-
60 400
-
pensions
6 855
-
6 452
-
health
1 203
-
1 148
-
total
8 058
-
7 600
-
Corporate
-
68 000
-
-
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.

-
12 920
-
-
total
-
12 920
-
-
Dividends
-
55 080
-
-
withholding
-
4 130
-
-
total
-
4 130
-
-
Income
68 000
68 000
68 000
68 000
Total tax
25 757
17 050
24 387
17 162
After tax
42 243
50 950
43 613
50 838
Living cost
45 625
45 625
45 625
45 625
Free-cash
-3 382
5 325
-2 012
5 213

Estimated living cost  is ₽45625 per week

₽34182
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3420
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7545
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽17850
-₽21340
-₽28473
-₽44174
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
68 000
other

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

-
-
-
1 361
health
-
-
-
246
city
-
-
-
715
national
-
-
-
247
regional
-
-
-
1 757
pensions
-
-
-
6 256
total
-
-
-
10 582
Employee
88 083
-
60 865
-
pensions
7 400
-
5 111
-
national
417
-
207
-
unemployment
-
-
-
-
city
945
-
653
-
health
199
-
137
-
regional
2 884
-
1 498
-
total
11 845
-
7 606
-
Employer
88 083
-
60 865
-
pensions
7 400
-
5 111
-
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.

1 761
-
1 218
-
health
199
-
137
-
unemployment
-
-
-
-
total
9 360
-
6 466
-
Corporate
-
68 000
-
-
regional
-
14 383
-
-
national
-
5 780
-
-
total
-
20 163
-
-
Dividends
-
47 837
-
-
withholding
-
16 743
-
-
total
-
16 743
-
-
Income
68 000
68 000
68 000
68 000
Total tax
21 205
36 906
14 072
10 582
After tax
46 795
31 094
53 928
57 418
Living cost
75 268
75 268
75 268
75 268
Free-cash
-28 473
-44 174
-21 340
-17 850

Estimated living cost  is ₽75268 per week

₽48946
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6754
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽924
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18643
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽1808
₽5538
₽4334
-₽11800
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
68 000
trade
-
-
-
3 730
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.

-
-
-
6 796
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.

-
-
-
9 567
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.

-
-
-
527
total
-
-
-
20 620
Employee

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

59 785
-
68 000
-
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.

387
-
527
-
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.

7 030
-
9 567
-
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.

6 796
-
6 796
-
total
14 213
-
16 890
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
8 215
68 000
-
-
trade
1 408
11 663
-
-
surtax

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

68
561
-
-
income
1 233
10 200
-
-
chamber of commerce
162
247
-
-
total
2 871
22 671
-
-
Dividends
5 343
45 329
-
-
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.

53
602
-
-
withholding
957
10 955
-
-
total
1 010
11 557
-
-
Income
68 000
68 000
68 000
68 000
Total tax
18 094
34 228
16 890
20 620
After tax
49 906
33 772
51 110
47 380
Living cost
45 572
45 572
45 572
45 572
Free-cash
4 334
-11 800
5 538
1 808

Estimated living cost  is ₽45572 per week

₽33284
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3645
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽593
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8052
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽6468
₽6815
₽6111
₽235
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
68 000
other
-
-
-
2 109
social contributions
-
-
-
1 937
health
-
-
-
589
income
-
-
-
3 587
surtax
-
-
-
-
pensions
-
-
-
19 275
total
-
-
-
27 497
Employee
42 576
-
51 816
-
income
2 513
-
3 628
-
pensions
4 814
-
5 862
-
social contributions
1 214
-
1 476
-
surtax
-
-
-
-
total
8 541
-
10 966
-
Employer
42 576
-
51 816
-
pensions
6 994
-
8 516
-
other
1 469
-
1 788
-
health
2 981
-
3 626
-
unemployment
1 724
-
2 099
-
social contributions
128
-
155
-
total
13 296
-
16 184
-
Corporate
12 128
68 000
-
-
surtax
-
-
-
-
income
3 396
19 040
-
-
total
3 396
19 040
-
-
Dividends
8 732
48 960
-
-
surtax
-
-
-
-
social contributions
1 503
8 422
-
-
withholding
1 118
6 268
-
-
total
2 621
14 690
-
-
Income
68 000
68 000
68 000
68 000
Total tax
27 854
33 730
27 150
27 497
After tax
40 146
34 270
40 850
40 503
Living cost
34 035
34 035
34 035
34 035
Free-cash
6 111
235
6 815
6 468

Estimated living cost  is ₽34035 per week

₽21461
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2768
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽580
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9230
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽9840
₽10187
₽9133
₽3607
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
68 000
other
-
-
-
2 109
social contributions
-
-
-
1 937
health
-
-
-
589
income
-
-
-
3 587
surtax
-
-
-
-
pensions
-
-
-
19 275
total
-
-
-
27 497
Employee
38 005
-
51 816
-
income
1 960
-
3 628
-
pensions
4 299
-
5 862
-
social contributions
1 084
-
1 476
-
surtax
-
-
-
-
total
7 343
-
10 966
-
Employer
38 005
-
51 816
-
pensions
6 245
-
8 516
-
other
1 312
-
1 788
-
health
2 660
-
3 626
-
unemployment
1 539
-
2 099
-
social contributions
113
-
155
-
total
11 869
-
16 184
-
Corporate
18 126
68 000
-
-
surtax
-
-
-
-
income
5 076
19 040
-
-
total
5 076
19 040
-
-
Dividends
13 050
48 960
-
-
surtax
-
-
-
-
social contributions
2 245
8 422
-
-
withholding
1 671
6 268
-
-
total
3 916
14 690
-
-
Income
68 000
68 000
68 000
68 000
Total tax
28 204
33 730
27 150
27 497
After tax
39 796
34 270
40 850
40 503
Living cost
30 663
30 663
30 663
30 663
Free-cash
9 133
3 607
10 187
9 840

Estimated living cost  is ₽30663 per week

₽17783
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3115
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.
₽9184
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽22576
₽19267
₽20907
₽20392
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
68 000
social contributions
-
-
-
9 384
health
-
-
-
4 746
income
-
-
-
10 200
total
-
-
-
24 330
Employee
33 729
-
68 000
-
income
5 626
-
13 509
-
social contributions
4 655
-
9 384
-
health
2 354
-
4 746
-
total
12 635
-
27 639
-
Employer
33 729
-
68 000
-
total
-
-
-
-
Corporate
34 271
68 000
-
-
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%.

1 714
3 400
-
-
total
1 714
3 400
-
-
Dividends
32 556
64 600
-
-
social contributions
4 493
8 914
-
-
health
2 273
4 510
-
-
withholding
4 884
9 690
-
-
total
11 650
23 114
-
-
Income
68 000
68 000
68 000
68 000
Total tax
25 999
26 514
27 639
24 330
After tax
42 001
41 486
40 361
43 670
Living cost
21 094
21 094
21 094
21 094
Free-cash
20 907
20 392
19 267
22 576

Estimated living cost  is ₽21094 per week

₽14117
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1301
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽485
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5190
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽1744
-₽10657
₽2058
₽3597
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
68 000
chamber of commerce
-
-
-
272
unemployment
-
-
-
6 101
health
-
-
-
5 203
income
-
-
-
6 851
surtax
-
-
-
196
pensions
-
-
-
12 580
total
-
-
-
31 203
Employee
49 715
39 644
52 648
-
income
5 660
2 924
6 500
-
pensions
5 091
4 059
5 392
-
unemployment
1 491
1 189
1 580
-
health
1 924
1 535
2 037
-
other
496
396
527
-
total
14 662
10 103
16 036
-
Employer
49 715
39 644
52 648
-
pensions
6 239
4 976
6 607
-
other
2 362
1 882
2 501
-
accident
646
515
685
-
health
1 878
1 499
1 990
-
payroll
1 491
1 189
1 580
-
chamber of commerce
198
159
211
-
unemployment
1 491
1 189
1 580
-
surtax
196
196
196
-
total
14 501
11 605
15 350
-
Corporate
3 782
16 750
48 873
-
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.

946
4 187
12 218
-
total
946
4 187
12 218
-
Dividends
2 837
12 563
-
-
withholding
780
3 455
-
-
total
780
3 455
-
-
Income
68 000
68 000
68 000
68 000
Total tax
30 889
29 350
43 604
31 203
After tax
37 111
38 650
24 396
36 797
Living cost
35 053
35 053
35 053
35 053
Free-cash
2 058
3 597
-10 657
1 744

Estimated living cost  is ₽35053 per week

₽23379
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2990
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽576
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8108
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽1357
-₽7877
-₽23872
₽1980
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
68 000
social contributions
-
-
-
8 909
communal

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

-
-
-
3 545
national
-
-
-
20 631
total
-
-
-
33 085
Employee

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

71 158
-
52 667
-
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.

5 337
-
3 949
-
national
21 877
-
14 643
-
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.

619
-
459
-
communal

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

3 711
-
2 747
-
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.

3 343
-
2 475
-
total
34 887
-
24 273
-
Employer

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

71 158
-
52 667
-
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.

6 305
-
4 667
-
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.

925
-
685
-
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.

4 376
-
3 239
-
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.

1 038
-
768
-
surtax
8 069
-
5 973
-
total
20 713
-
15 332
-
Corporate
-
68 000
-
-
surtax
-
272
-
-
income
-
13 600
-
-
total
-
13 872
-
-
Dividends
-
54 128
-
-
withholding

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

-
15 876
-
-
total
-
15 876
-
-
Income
68 000
68 000
68 000
68 000
Total tax
55 600
29 748
39 605
33 085
After tax
12 400
38 252
28 395
34 915
Living cost
36 272
36 272
36 272
36 272
Free-cash
-23 872
1 980
-7 877
-1 357

Estimated living cost  is ₽36272 per week

₽23364
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3172
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.
₽9169
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽858
₽1338
₽1856
₽9962
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
68 000
other
-
-
-
68
unemployment
-
-
-
476
accident
-
-
-
612
income
-
-
-
10 816
pensions
-
-
-
19 244
total
-
-
-
31 216
Employee
49 518
-
51 561
-
income
10 448
-
11 024
-
pensions
2 328
-
2 424
-
unemployment
768
-
799
-
other
49
-
51
-
total
13 593
-
14 298
-
Employer
49 518
-
51 561
-
pensions
11 686
-
12 169
-
other
395
-
413
-
accident
980
-
1 021
-
unemployment
2 724
-
2 835
-
total
15 785
-
16 438
-
Corporate
2 698
68 000
-
-
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.

404
10 200
-
-
total
404
10 200
-
-
Dividends
2 294
57 800
-
-
withholding
436
11 912
-
-
total
436
11 912
-
-
Income
68 000
68 000
68 000
68 000
Total tax
30 218
22 112
30 736
31 216
After tax
37 782
45 888
37 264
36 784
Living cost
35 926
35 926
35 926
35 926
Free-cash
1 856
9 962
1 338
858

Estimated living cost  is ₽35926 per week

₽26456
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2549
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽517
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6403
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽10070
-₽8778
-₽16336
-₽11688
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
68 000
accident
-
-
-
612
health
-
-
-
5 099
income
-
-
-
3 821
communal
-
-
-
-
surtax
-
-
-
3 598
pensions
-
-
-
10 879
total
-
-
-
24 009
Employee
75 335
-
60 741
-
income
7 277
-
4 176
-
pensions
6 026
-
4 859
-
health
3 353
-
2 701
-
surtax
4 618
-
3 723
-
total
21 274
-
15 459
-
Employer
75 335
-
60 741
-
pensions
6 026
-
4 859
-
accident
678
-
547
-
health
2 297
-
1 852
-
total
9 001
-
7 258
-
Corporate
-
68 000
-
-
communal
-
4 589
-
-
surtax
-
714
-
-
income
-
10 200
-
-
total
-
15 503
-
-
Dividends
-
52 497
-
-
withholding
-
7 874
-
-
income
-
2 250
-
-
total
-
10 124
-
-
Income
68 000
68 000
68 000
68 000
Total tax
30 275
25 627
22 717
24 009
After tax
37 725
42 373
45 283
43 991
Living cost
54 061
54 061
54 061
54 061
Free-cash
-16 336
-11 688
-8 778
-10 070

Estimated living cost  is ₽54061 per week

₽40554
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3275
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.
₽9658
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽15178
₽13686
₽17264
₽20430
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
68 000
other
-
-
-
-
unemployment
-
-
-
227
health
-
-
-
4 827
income
-
-
-
10 912
surtax
-
-
-
912
pensions
-
-
-
13 600
total
-
-
-
30 478
Employee
33 501
-
56 175
-
income
5 616
-
10 256
-
pensions
2 235
-
3 747
-
unemployment
2 331
-
3 910
-
health
855
-
1 433
-
other
-
-
-
-
surtax
119
-
799
-
total
11 156
-
20 145
-
Employer
33 501
-
56 175
-
pensions
4 467
-
7 489
-
other
-
-
-
-
health
1 523
-
2 556
-
unemployment
1 063
-
1 780
-
total
7 053
-
11 825
-
Corporate
27 446
68 000
-
-
income
7 136
17 679
-
-
total
7 136
17 679
-
-
Dividends
20 310
50 321
-
-
withholding
3 047
7 547
-
-
total
3 047
7 547
-
-
Income
68 000
68 000
68 000
68 000
Total tax
28 392
25 226
31 970
30 478
After tax
39 608
42 774
36 030
37 522
Living cost
22 344
22 344
22 344
22 344
Free-cash
17 264
20 430
13 686
15 178

Estimated living cost  is ₽22344 per week

₽13490
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1943
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽519
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6394
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽9778
₽5961
₽6738
₽8945
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
68 000
social contributions
-
-
-
17 489
municipal
-
-
-
404
national
-
-
-
12 505
regional
-
-
-
1 026
total
-
-
-
31 424
Employee
55 183
-
68 000
-
national
8 742
-
11 036
-
social contributions
18 608
-
22 929
-
municipal
293
-
361
-
regional
743
-
915
-
total
28 386
-
35 241
-
Employer
55 183
-
68 000
-
total
-
-
-
-
Corporate
12 817
68 000
-
-
nationa
3 075
16 320
-
-
municipal
636
3 379
-
-
total
3 711
19 699
-
-
Dividends
9 106
48 301
-
-
withholding
2 367
12 558
-
-
total
2 367
12 558
-
-
Income
68 000
68 000
68 000
68 000
Total tax
34 464
32 257
35 241
31 424
After tax
33 536
35 743
32 759
36 576
Living cost
26 798
26 798
26 798
26 798
Free-cash
6 738
8 945
5 961
9 778

Estimated living cost  is ₽26798 per week

₽16666
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2715
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽459
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6958
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽3490
₽4877
₽6619
₽17189
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
68 000
social contributions
-
-
-
19 856
health
-
-
-
9 180
income
-
-
-
5 845
solidarity contribution
-
-
-
-
total
-
-
-
34 881
Employee
43 572
-
50 746
-
income
5 229
-
6 090
-
solidarity contribution
-
-
-
-
social contributions
2 832
-
3 299
-
health
5 882
-
6 851
-
total
13 943
-
16 240
-
Employer
43 572
-
50 746
-
health
3 921
-
4 567
-
social contributions
10 893
-
12 687
-
total
14 814
-
17 254
-
Corporate
9 613
68 000
-
-
income
1 827
12 920
-
-
total
1 827
12 920
-
-
Dividends
7 787
55 080
-
-
withholding
1 168
8 262
-
-
total
1 168
8 262
-
-
Income
68 000
68 000
68 000
68 000
Total tax
31 752
21 182
33 494
34 881
After tax
36 248
46 818
34 506
33 119
Living cost
29 629
29 629
29 629
29 629
Free-cash
6 619
17 189
4 877
3 490

Estimated living cost  is ₽29629 per week

₽22034
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1641
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽513
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5441
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽5255
-₽7300
₽6527
₽7020
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
68 000
chamber of commerce
-
-
-
272
unemployment
-
-
-
6 101
health
-
-
-
5 203
income
-
-
-
6 851
surtax
-
-
-
-
pensions
-
-
-
12 580
total
-
-
-
31 007
Employee
43 485
39 644
52 803
-
income
3 874
2 924
6 545
-
pensions
4 453
4 059
5 407
-
unemployment
1 304
1 189
1 584
-
health
1 682
1 535
2 043
-
other
434
396
529
-
total
11 747
10 103
16 108
-
Employer
43 485
39 644
52 803
-
pensions
5 458
4 976
6 626
-
other
2 065
1 882
2 509
-
accident
564
515
687
-
health
1 644
1 499
1 995
-
payroll
1 304
1 189
1 584
-
chamber of commerce
174
159
211
-
unemployment
1 304
1 189
1 584
-
surtax
-
-
-
-
total
12 513
11 409
15 196
-
Corporate
12 000
16 946
49 027
-
income

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

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

3 000
4 236
12 258
-
total
3 000
4 236
12 258
-
Dividends
9 001
12 710
-
-
withholding
2 475
3 494
-
-
total
2 475
3 494
-
-
Income
68 000
68 000
68 000
68 000
Total tax
29 735
29 242
43 562
31 007
After tax
38 265
38 758
24 438
36 993
Living cost
31 738
31 738
31 738
31 738
Free-cash
6 527
7 020
-7 300
5 255

Estimated living cost  is ₽31738 per week

₽19039
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3241
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽566
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8892
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽53358
₽40438
₽48020
₽50638
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
68 000
microenterprise

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

-
-
-
680
total
-
-
-
680
Employee
17 453
-
68 000
-
income
3 491
-
13 600
-
total
3 491
-
13 600
-
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%.

50 547
68 000
-
-
total
-
-
-
-
Dividends
50 547
68 000
-
-
withholding
2 527
3 400
-
-
total
2 527
3 400
-
-
Income
68 000
68 000
68 000
68 000
Total tax
6 018
3 400
13 600
680
After tax
61 982
64 600
54 400
67 320
Living cost
13 962
13 962
13 962
13 962
Free-cash
48 020
50 638
40 438
53 358

Estimated living cost  is ₽13962 per week

₽9448
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽586
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽468
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3459
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽9880
₽7930
₽11814
₽20136
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
68 000
unemployment
-
-
-
102
health
-
-
-
6 690
income
-
-
-
12 227
pensions
-
-
-
12 418
total
-
-
-
31 437
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.

43 990
-
58 838
-
income
7 586
-
11 222
-
pensions
6 819
-
9 120
-
unemployment
62
-
83
-
health
2 841
-
3 800
-
total
17 308
-
24 225
-
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.

43 990
-
58 838
-
pensions
3 893
-
5 207
-
health
2 930
-
3 919
-
unemployment
26
-
36
-
total
6 849
-
9 162
-
Corporate
17 161
68 000
-
-
income
3 260
12 920
-
-
total
3 260
12 920
-
-
Dividends
13 901
55 080
-
-
withholding
2 086
8 261
-
-
total
2 086
8 261
-
-
Income
68 000
68 000
68 000
68 000
Total tax
29 503
21 181
33 387
31 437
After tax
38 497
46 819
34 613
36 563
Living cost
26 683
26 683
26 683
26 683
Free-cash
11 814
20 136
7 930
9 880

Estimated living cost  is ₽26683 per week

₽18312
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1710
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽517
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6145
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽3850
₽11703
-₽81086
-₽1772
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
68 000
social contributions
-
-
-
7 752
income
-
-
-
13 255
total
-
-
-
21 007
Employee
61 862
-
-
-
income
13 645
-
-
-
social contributions
5 073
-
723
-
total
18 718
-
723
-
Employer
61 862
-
-
-
social contributions
87 225
-
12 431
-
total
87 225
-
12 431
-
Corporate
-
68 000
-
-
income
-
14 960
-
-
total
-
14 960
-
-
Dividends
-
53 040
-
-
income
-
11 669
-
-
total
-
11 669
-
-
Income
68 000
68 000
68 000
68 000
Total tax
105 943
26 629
13 154
21 007
After tax
-37 943
41 371
54 846
46 993
Living cost
43 143
43 143
43 143
43 143
Free-cash
-81 086
-1 772
11 703
3 850

Estimated living cost  is ₽43143 per week

₽27993
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4058
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽550
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10543
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽7613
₽5285
₽6472
₽7475
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
68 000
social contributions

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

-
-
-
23 630
income
-
-
-
5 553
surtax
-
-
-
-
total
-
-
-
29 183
Employee
45 753
-
54 950
-
income
9 517
-
12 416
-
social contributions
5 033
-
6 045
-
surtax
-
-
-
-
total
14 550
-
18 461
-
Employer
45 753
-
54 950
-
social contributions
10 866
-
13 050
-
total
10 866
-
13 050
-
Corporate
11 381
68 000
-
-
surtax
-
-
-
-
income
2 390
14 279
-
-
total
2 390
14 279
-
-
Dividends
8 991
53 721
-
-
withholding
2 518
15 042
-
-
total
2 518
15 042
-
-
Income
68 000
68 000
68 000
68 000
Total tax
30 324
29 321
31 511
29 183
After tax
37 676
38 679
36 489
38 817
Living cost
31 204
31 204
31 204
31 204
Free-cash
6 472
7 475
5 285
7 613

Estimated living cost  is ₽31204 per week

₽23347
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1841
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽521
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5495
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽7544
-₽7197
-₽13765
-₽13777
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
68 000
other
-
-
-
2 109
social contributions
-
-
-
1 937
health
-
-
-
589
income
-
-
-
3 587
surtax
-
-
-
-
pensions
-
-
-
19 275
total
-
-
-
27 497
Employee
62 306
-
51 816
-
income
5 436
-
3 628
-
pensions
7 047
-
5 862
-
social contributions
1 775
-
1 476
-
surtax
-
-
-
-
total
14 258
-
10 966
-
Employer
62 306
-
51 816
-
pensions
10 238
-
8 516
-
other
2 150
-
1 788
-
health
4 361
-
3 626
-
unemployment
2 524
-
2 099
-
social contributions
187
-
155
-
total
19 460
-
16 184
-
Corporate
-
68 000
-
-
surtax
-
-
-
-
income
-
19 040
-
-
total
-
19 040
-
-
Dividends
-
48 960
-
-
surtax
-
-
-
-
social contributions
-
8 422
-
-
withholding
-
6 268
-
-
total
-
14 690
-
-
Income
68 000
68 000
68 000
68 000
Total tax
33 718
33 730
27 150
27 497
After tax
34 282
34 270
40 850
40 503
Living cost
48 047
48 047
48 047
48 047
Free-cash
-13 765
-13 777
-7 197
-7 544

Estimated living cost  is ₽48047 per week

₽32518
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3930
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽659
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10940
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽22751
₽24656
₽27957
₽31297
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
68 000
social contributions
-
-
-
14 959
income
-
-
-
387
total
-
-
-
15 346
Employee
31 982
-
58 874
-
social contributions
2 078
-
3 828
-
income
-
-
487
-
total
2 078
-
4 315
-
Employer
31 982
-
58 874
-
social contributions
4 957
-
9 126
-
total
4 957
-
9 126
-
Corporate
31 061
68 000
-
-
income
3 105
6 800
-
-
total
3 105
6 800
-
-
Dividends
27 956
61 200
-
-
total
-
-
-
-
Income
68 000
68 000
68 000
68 000
Total tax
10 140
6 800
13 441
15 346
After tax
57 860
61 200
54 559
52 654
Living cost
29 903
29 903
29 903
29 903
Free-cash
27 957
31 297
24 656
22 751

Estimated living cost  is ₽29903 per week

₽19335
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2254
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽563
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7751
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽4485
-₽148813
-₽148813
-₽148813
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
68 000
municipal
-
-
-
11 594
national
-
-
-
6 732
labour market
-
-
-
5 371
pensions
-
-
-
863
total
-
-
-
24 560
Employee
202 279
202 279
202 279
-
labour market
16 159
16 159
16 159
-
pensions
288
288
288
-
national
24 712
24 712
24 712
-
municipal
43 074
43 074
43 074
-
total
84 233
84 233
84 233
-
Employer
202 279
202 279
202 279
-
pensions
575
575
575
-
municipal
43 143
43 143
43 143
-
national
24 755
24 755
24 755
-
labour market
16 182
16 182
16 182
-
total
84 655
84 655
84 655
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
68 000
68 000
68 000
68 000
Total tax
168 888
168 888
168 888
24 560
After tax
-100 888
-100 888
-100 888
43 440
Living cost
47 925
47 925
47 925
47 925
Free-cash
-148 813
-148 813
-148 813
-4 485

Estimated living cost  is ₽47925 per week

₽32800
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4239
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽737
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10148
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽25328
₽13483
₽2204
-₽16035
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
68 000
other
-
-
-
368
accident
-
-
-
251
health
-
-
-
2 168
income
-
-
-
14 207
pensions
-
-
-
4 135
total
-
-
-
21 129
Employee
33 889
-
56 488
-
income
4 649
-
8 633
-
pensions
3 816
-
6 361
-
health
3 881
-
6 468
-
total
12 346
-
21 462
-
Employer
33 889
-
56 488
-
pensions
5 510
-
9 185
-
accident
566
-
943
-
unemployment
830
-
1 384
-
total
6 906
-
11 512
-
Corporate
27 204
68 000
-
-
income

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

24 484
61 200
-
-
total
24 484
61 200
-
-
Dividends
2 721
6 800
-
-
withholding
517
1 292
-
-
total
517
1 292
-
-
Income
68 000
68 000
68 000
68 000
Total tax
44 253
62 492
32 974
21 129
After tax
23 747
5 508
35 026
46 871
Living cost
21 543
21 543
21 543
21 543
Free-cash
2 204
-16 035
13 483
25 328

Estimated living cost  is ₽21543 per week

₽15681
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1228
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽404
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4230
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽13029
₽3092
₽4004
₽8408
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
68 000
municipal
-
-
-
12 125
health
-
-
-
632
national
-
-
-
4 021
total
-
-
-
16 778
Employee
52 338
-
57 205
-
pensions
3 532
-
3 861
-
national
865
-
1 372
-
municipal
8 573
-
9 364
-
unemployment
785
-
859
-
health
391
-
466
-
total
14 146
-
15 922
-
Employer
52 338
-
57 205
-
pensions
9 080
-
9 924
-
accident
53
-
57
-
health
402
-
440
-
unemployment
340
-
372
-
total
9 875
-
10 793
-
Corporate
5 787
68 000
-
-
income
1 157
13 600
-
-
total
1 157
13 600
-
-
Dividends

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

3 472
40 800
-
-
municipal
625
7 344
-
-
national
-
455
-
-
total
625
7 799
-
-
Income
68 000
68 000
68 000
68 000
Total tax
25 803
21 399
26 715
16 778
After tax
42 197
46 601
41 285
51 222
Living cost
38 193
38 193
38 193
38 193
Free-cash
4 004
8 408
3 092
13 029

Estimated living cost  is ₽38193 per week

₽24947
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3674
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽608
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8965
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28715
₽25005
₽21510
₽22472
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
68 000
social contributions
-
-
-
10 608
health
-
-
-
1 735
income
-
-
-
3 910
total
-
-
-
16 253
Employee
76 495
76 495
76 495
-
income
8 329
7 081
7 523
-
social contributions
2 892
6 349
5 124
-
health
593
1 301
1 050
-
total
11 814
14 731
13 697
-
Employer
76 495
76 495
76 495
-
health
644
1 416
1 142
-
social contributions
2 892
6 349
5 124
-
total
3 536
7 765
6 266
-
Corporate
29 618
-
-
-
income
3 702
-
-
-
total
3 702
-
-
-
Dividends
25 916
-
-
-
withholding
4 406
-
-
-
total
4 406
-
-
-
Income
68 000
68 000
68 000
68 000
Total tax
23 458
22 496
19 963
16 253
After tax
44 542
45 504
48 037
51 747
Living cost
23 032
23 032
23 032
23 032
Free-cash
21 510
22 472
25 005
28 715

Estimated living cost  is ₽23032 per week

₽13804
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2260
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽510
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6460
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽36216
₽26257
₽35456
₽40517
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
68 000
unemployment
-
-
-
28
health
-
-
-
3 600
income
-
-
-
6 034
pensions
-
-
-
6 328
total
-
-
-
15 990
Employee

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

22 834
-
61 651
-
income
1 561
-
4 803
-
pensions
3 424
-
9 248
-
unemployment
113
-
308
-
health
1 941
-
5 241
-
total
7 039
-
19 600
-
Employer

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

22 834
-
61 651
-
pensions
1 255
-
3 391
-
health
982
-
2 650
-
unemployment
113
-
308
-
total
2 350
-
6 349
-
Corporate
42 816
68 000
-
-
income
3 853
6 120
-
-
total
3 853
6 120
-
-
Dividends
38 963
61 880
-
-
withholding
3 508
5 569
-
-
total
3 508
5 569
-
-
Income
68 000
68 000
68 000
68 000
Total tax
16 750
11 689
25 949
15 990
After tax
51 250
56 311
42 051
52 010
Living cost
15 794
15 794
15 794
15 794
Free-cash
35 456
40 517
26 257
36 216

Estimated living cost  is ₽15794 per week

₽10077
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1138
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽470
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4108
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽9428
₽9908
₽13313
₽18532
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
68 000
other
-
-
-
68
unemployment
-
-
-
476
accident
-
-
-
612
income
-
-
-
10 816
pensions
-
-
-
19 244
total
-
-
-
31 216
Employee
36 783
-
51 561
-
income
7 092
-
11 024
-
pensions
1 729
-
2 424
-
unemployment
570
-
799
-
other
36
-
51
-
total
9 427
-
14 298
-
Employer
36 783
-
51 561
-
pensions
8 680
-
12 169
-
other
294
-
413
-
accident
729
-
1 021
-
unemployment
2 024
-
2 835
-
total
11 727
-
16 438
-
Corporate
19 489
68 000
-
-
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.

2 924
10 200
-
-
total
2 924
10 200
-
-
Dividends
16 565
57 800
-
-
withholding
3 253
11 912
-
-
total
3 253
11 912
-
-
Income
68 000
68 000
68 000
68 000
Total tax
27 331
22 112
30 736
31 216
After tax
40 669
45 888
37 264
36 784
Living cost
27 356
27 356
27 356
27 356
Free-cash
13 313
18 532
9 908
9 428

Estimated living cost  is ₽27356 per week

₽18465
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2630
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.
₽5782
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽39885
₽39691
₽39266
₽39713
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
68 000
health
-
-
-
1 438
income
-
-
-
21 975
pensions
-
-
-
1 983
total
-
-
-
25 396
Employee
4 141
-
65 769
-
income
801
-
21 871
-
pensions
373
-
893
-
unemployment
41
-
99
-
health
207
-
496
-
total
1 422
-
23 359
-
Employer
4 141
-
65 769
-
pensions
456
-
1 091
-
health
393
-
942
-
unemployment
83
-
198
-
total
932
-
2 231
-
Corporate
62 927
68 000
-
-
income
13 844
14 960
-
-
total
13 844
14 960
-
-
Dividends
49 083
53 040
-
-
withholding
9 817
10 608
-
-
total
9 817
10 608
-
-
Income
68 000
68 000
68 000
68 000
Total tax
26 015
25 568
25 590
25 396
After tax
41 985
42 432
42 410
42 604
Living cost
2 719
2 719
2 719
2 719
Free-cash
39 266
39 713
39 691
39 885

Estimated living cost  is ₽2719 per week

₽1616
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽220
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽62
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽821
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽16134
₽18853
₽27026
₽31923
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
68 000
unemployment
-
-
-
1 020
health
-
-
-
7 004
income
-
-
-
8 955
pensions
-
-
-
17 680
total
-
-
-
34 659
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.

25 947
-
57 676
-
income
3 577
-
10 138
-
pensions
3 633
-
8 075
-
unemployment
195
-
433
-
health
1 336
-
2 970
-
total
8 741
-
21 616
-
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.

25 947
-
57 676
-
pensions
3 114
-
6 921
-
health
1 336
-
2 970
-
unemployment
195
-
433
-
total
4 645
-
10 324
-
Corporate
37 408
68 000
-
-
income
5 611
10 200
-
-
total
5 611
10 200
-
-
Dividends
31 797
57 800
-
-
withholding
4 770
8 670
-
-
total
4 770
8 670
-
-
Income
68 000
68 000
68 000
68 000
Total tax
23 767
18 870
31 940
34 659
After tax
44 233
49 130
36 060
33 341
Living cost
17 207
17 207
17 207
17 207
Free-cash
27 026
31 923
18 853
16 134

Estimated living cost  is ₽17207 per week

₽11586
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1331
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.
₽3793
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽11998
₽9670
₽11502
₽11860
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
68 000
social contributions

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

-
-
-
23 630
income
-
-
-
5 553
surtax
-
-
-
-
total
-
-
-
29 183
Employee
38 610
-
54 950
-
income
7 544
-
12 416
-
social contributions
4 248
-
6 045
-
surtax
-
-
-
-
total
11 792
-
18 461
-
Employer
38 610
-
54 950
-
social contributions
9 169
-
13 050
-
total
9 169
-
13 050
-
Corporate
20 221
68 000
-
-
surtax
-
-
-
-
income
4 246
14 279
-
-
total
4 246
14 279
-
-
Dividends
15 975
53 721
-
-
withholding
4 472
15 042
-
-
total
4 472
15 042
-
-
Income
68 000
68 000
68 000
68 000
Total tax
29 679
29 321
31 511
29 183
After tax
38 321
38 679
36 489
38 817
Living cost
26 819
26 819
26 819
26 819
Free-cash
11 502
11 860
9 670
11 998

Estimated living cost  is ₽26819 per week

₽18995
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1863
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.
₽5486
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽1822
₽2302
₽3191
₽10926
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
68 000
other
-
-
-
68
unemployment
-
-
-
476
accident
-
-
-
612
income
-
-
-
10 816
pensions
-
-
-
19 244
total
-
-
-
31 216
Employee
48 044
-
51 561
-
income
10 035
-
11 024
-
pensions
2 258
-
2 424
-
unemployment
744
-
799
-
other
47
-
51
-
total
13 084
-
14 298
-
Employer
48 044
-
51 561
-
pensions
11 338
-
12 169
-
other
385
-
413
-
accident
951
-
1 021
-
unemployment
2 643
-
2 835
-
total
15 317
-
16 438
-
Corporate
4 638
68 000
-
-
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.

697
10 200
-
-
total
697
10 200
-
-
Dividends
3 942
57 800
-
-
withholding
749
11 912
-
-
total
749
11 912
-
-
Income
68 000
68 000
68 000
68 000
Total tax
29 847
22 112
30 736
31 216
After tax
38 153
45 888
37 264
36 784
Living cost
34 962
34 962
34 962
34 962
Free-cash
3 191
10 926
2 302
1 822

Estimated living cost  is ₽34962 per week

₽25108
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2718
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽493
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6643
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽31437
₽32949
₽34989
₽41045
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
68 000
unemployment
-
-
-
139
health
-
-
-
3 992
income
-
-
-
10 200
pensions

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

-
-
-
5 137
total
-
-
-
19 468
Employee
22 636
-
61 190
-
income
2 264
-
6 119
-
pensions

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

1 987
-
3 048
-
health
1 041
-
1 597
-
accident

We are using the highest rate at 1.1%.

249
-
382
-
total
5 541
-
11 146
-
Employer
22 636
-
61 190
-
pensions

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

2 494
-
3 825
-
accident

We are using the highest rate at 1.1%.

249
-
382
-
health
1 562
-
2 395
-
unemployment
136
-
208
-
total
4 441
-
6 810
-
Corporate
40 923
68 000
-
-
income
4 092
6 800
-
-
total
4 092
6 800
-
-
Dividends
36 831
61 200
-
-
withholding
1 842
3 060
-
-
total
1 842
3 060
-
-
Income
68 000
68 000
68 000
68 000
Total tax
15 916
9 860
17 956
19 468
After tax
52 084
58 140
50 044
48 532
Living cost
17 095
17 095
17 095
17 095
Free-cash
34 989
41 045
32 949
31 437

Estimated living cost  is ₽17095 per week

₽11306
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽979
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.
₽4403
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽9583
₽12704
₽9782
-₽3234
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
68 000
trade
-
-
-
3 121
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.

-
-
-
6 796
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.

-
-
-
9 567
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.

-
-
-
527
total
-
-
-
20 011
Employee

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

49 497
-
68 000
-
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.

225
-
527
-
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.

4 070
-
9 567
-
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.

6 796
-
6 796
-
total
11 091
-
16 890
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
18 503
68 000
-
-
trade
2 654
9 758
-
-
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.

153
561
-
-
income
2 775
10 200
-
-
chamber of commerce
177
251
-
-
total
5 759
20 770
-
-
Dividends
12 743
47 230
-
-
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.

155
629
-
-
withholding
2 807
11 429
-
-
total
2 962
12 058
-
-
Income
68 000
68 000
68 000
68 000
Total tax
19 812
32 828
16 890
20 011
After tax
48 188
35 172
51 110
47 989
Living cost
38 406
38 406
38 406
38 406
Free-cash
9 782
-3 234
12 704
9 583

Estimated living cost  is ₽38406 per week

₽26494
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4132
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽557
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7223
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽4810
-₽4810
-₽9816
-₽9070
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
68 000
social contributions
-
-
-
5 385
income
-
-
-
10 757
total
-
-
-
16 142
Employee
77 815
-
68 000
-
social contributions
6 465
-
5 385
-
income
14 683
-
10 757
-
total
21 148
-
16 142
-
Employer
77 815
-
68 000
-
total
-
-
-
-
Corporate
-
68 000
-
-
income
-
8 501
-
-
total
-
8 501
-
-
Dividends
-
59 499
-
-
withholding
-
11 901
-
-
total
-
11 901
-
-
Income
68 000
68 000
68 000
68 000
Total tax
21 148
20 402
16 142
16 142
After tax
46 852
47 598
51 858
51 858
Living cost
56 668
56 668
56 668
56 668
Free-cash
-9 816
-9 070
-4 810
-4 810

Estimated living cost  is ₽56668 per week

₽43112
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4618
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽542
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8397
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽3018
₽13339
₽8595
₽2833
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
68 000
health

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

-
-
-
6 590
income
-
-
-
28 317
total
-
-
-
34 907
Employee
45 635
-
63 424
-
social contributions
4 572
-
4 576
-
income
4 952
-
9 398
-
total
9 524
-
13 974
-
Employer
45 635
-
63 424
-
social contributions
4 572
-
4 576
-
total
4 572
-
4 576
-
Corporate
17 792
68 000
-
-
income
6 228
23 800
-
-
total
6 228
23 800
-
-
Dividends
11 564
44 200
-
-
social contributions
2 970
5 256
-
-
total
2 970
5 256
-
-
Income
68 000
68 000
68 000
68 000
Total tax
23 294
29 056
18 550
34 907
After tax
44 706
38 944
49 450
33 093
Living cost
36 111
36 111
36 111
36 111
Free-cash
8 595
2 833
13 339
-3 018

Estimated living cost  is ₽36111 per week

₽23786
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2847
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽553
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8924
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽13746
₽6521
₽8223
₽13858
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
68 000
income
-
-
-
12 709
pensions
-
-
-
4 453
total
-
-
-
17 162
Employee
50 914
-
60 400
-
income
9 272
-
10 904
-
pensions
3 886
-
5 025
-
health
664
-
858
-
total
13 822
-
16 787
-
Employer
50 914
-
60 400
-
pensions
5 144
-
6 452
-
health
968
-
1 148
-
total
6 112
-
7 600
-
Corporate
10 975
68 000
-
-
income

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

2 085
12 920
-
-
total
2 085
12 920
-
-
Dividends
8 890
55 080
-
-
withholding
666
4 130
-
-
total
666
4 130
-
-
Income
68 000
68 000
68 000
68 000
Total tax
22 685
17 050
24 387
17 162
After tax
45 315
50 950
43 613
50 838
Living cost
37 092
37 092
37 092
37 092
Free-cash
8 223
13 858
6 521
13 746

Estimated living cost  is ₽37092 per week

₽25445
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3411
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽464
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7770
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽23195
₽11350
₽1876
-₽18168
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
68 000
other
-
-
-
368
accident
-
-
-
251
health
-
-
-
2 168
income
-
-
-
14 207
pensions
-
-
-
4 135
total
-
-
-
21 129
Employee
37 244
-
56 488
-
income
5 110
-
8 633
-
pensions
4 194
-
6 361
-
health
4 264
-
6 468
-
total
13 568
-
21 462
-
Employer
37 244
-
56 488
-
pensions
6 056
-
9 185
-
accident
622
-
943
-
unemployment
912
-
1 384
-
total
7 590
-
11 512
-
Corporate
23 166
68 000
-
-
income

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

20 850
61 200
-
-
total
20 850
61 200
-
-
Dividends
2 317
6 800
-
-
withholding
440
1 292
-
-
total
440
1 292
-
-
Income
68 000
68 000
68 000
68 000
Total tax
42 448
62 492
32 974
21 129
After tax
25 552
5 508
35 026
46 871
Living cost
23 676
23 676
23 676
23 676
Free-cash
1 876
-18 168
11 350
23 195

Estimated living cost  is ₽23676 per week

₽17376
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1380
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4444
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Warsaw model

Close
Skopje , Macedonia
₽26288
₽26288
₽39551
₽44382
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
68 000
work injury
-
-
-
340
unemployment
-
-
-
816
income
-
-
-
9 594
health insurance
-
-
-
5 032
pensions
-
-
-
12 512
total
-
-
-
28 294
Employee

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

21 468
-
68 000
-
income
2 147
-
9 594
-
work injury
107
-
340
-
pensions
3 950
-
12 512
-
unemployment
258
-
816
-
health insurance
1 589
-
5 032
-
total
8 051
-
28 294
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
46 532
68 000
-
-
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
46 532
68 000
-
-
withholding
6 980
10 200
-
-
total
6 980
10 200
-
-
Income
68 000
68 000
68 000
68 000
Total tax
15 031
10 200
28 294
28 294
After tax
52 969
57 800
39 706
39 706
Living cost
13 418
13 418
13 418
13 418
Free-cash
39 551
44 382
26 288
26 288

Estimated living cost  is ₽13418 per week

₽8312
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽975
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽419
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3712
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽3175
-₽6948
-₽15828
-₽3811
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
68 000
social contributions
-
-
-
17 489
municipal
-
-
-
455
national
-
-
-
12 505
regional
-
-
-
1 096
total
-
-
-
31 545
Employee
83 828
-
68 000
-
national
14 166
-
11 036
-
social contributions
28 266
-
22 929
-
municipal
500
-
406
-
regional
1 266
-
947
-
total
44 198
-
35 318
-
Employer
83 828
-
68 000
-
total
-
-
-
-
Corporate
-
68 000
-
-
nationa
-
16 320
-
-
municipal
-
3 277
-
-
total
-
19 597
-
-
Dividends
-
48 403
-
-
withholding
-
12 584
-
-
total
-
12 584
-
-
Income
68 000
68 000
68 000
68 000
Total tax
44 198
32 181
35 318
31 545
After tax
23 802
35 819
32 682
36 455
Living cost
39 630
39 630
39 630
39 630
Free-cash
-15 828
-3 811
-6 948
-3 175

Estimated living cost  is ₽39630 per week

₽27838
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2726
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽598
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8467
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rome model

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

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

Estimated living cost

Adjust living cost [[ detailsButtonText ]] Source

Additional information

Source

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

Close

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

Estimated living cost

Adjust living cost [[ detailsButtonText ]] Source

Additional information

Source

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

Close