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
₽ 68500
per

Your estimated
City
free-cash

Dresden , Germany
₽3957
₽15192
₽17445
₽20794
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
68 500
trade
-
-
-
3 349
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.

-
-
-
9 469
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.

-
-
-
6 941
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.

-
-
-
521
total
-
-
-
20 280
Employee

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

38 861
-
68 500
-
health

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

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

6 941
-
6 941
-
surtax

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

60
-
521
-
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.

1 086
-
9 469
-
total
8 087
-
16 931
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
29 639
68 500
-
-
surtax

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

245
565
-
-
income
4 446
10 275
-
-
trade
4 668
10 788
-
-
chamber of commerce
197
253
-
-
total
9 556
21 881
-
-
Dividends
20 083
46 620
-
-
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.

255
619
-
-
withholding
4 635
11 268
-
-
total
4 890
11 887
-
-
Income
68 500
68 500
68 500
68 500
Total tax
22 533
33 768
16 931
20 280
After tax
45 967
34 732
51 569
48 220
Living cost
30 775
30 775
30 775
30 775
Free-cash
15 192
3 957
20 794
17 445

Estimated living cost  is ₽30775 per week

₽19358
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3588
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽575
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7254
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽8524
-₽18186
-₽8877
-₽8340
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
68 500
municipal
-
-
-
6 728
pensions
-
-
-
8 220
national
-
-
-
10 425
social contributions
-
-
-
736
total
-
-
-
26 109
Employee
79 474
-
59 218
-
municipal
9 816
-
6 993
-
pensions
3 179
-
2 369
-
national
15 211
-
10 836
-
total
28 206
-
20 198
-
Employer
79 474
-
59 218
-
social contributions
854
-
637
-
pensions
6 358
-
4 737
-
total
7 212
-
5 374
-
Corporate
-
68 500
-
-
income

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

-
13 700
-
-
total
-
13 700
-
-
Dividends
-
54 800
-
-
withholding
-
12 056
-
-
total
-
12 056
-
-
Income
68 500
68 500
68 500
68 500
Total tax
35 418
25 756
25 572
26 109
After tax
33 082
42 744
42 928
42 391
Living cost
51 268
51 268
51 268
51 268
Free-cash
-18 186
-8 524
-8 340
-8 877

Estimated living cost  is ₽51268 per week

₽34846
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4766
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽767
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10889
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽33663
₽25328
₽33888
₽17849
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
68 500
microenterprise
-
-
-
10 275
income
-
-
-
-
surtax
-
-
-
-
social contributions

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

-
-
-
3 199
total
-
-
-
13 474
Employee
29 689
-
55 202
-
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.

3 266
-
6 072
-
surtax
-
-
-
-
income
5 285
-
10 143
-
total
8 551
-
16 215
-
Employer
29 689
-
55 202
-
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.

7 151
-
13 298
-
surtax
-
-
-
-
total
7 151
-
13 298
-
Corporate
31 659
68 500
-
-
income

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

6 332
13 699
-
-
total
6 332
13 699
-
-
Dividends

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

25 328
54 801
-
-
total
-
-
-
-
Income
68 500
68 500
68 500
68 500
Total tax
22 034
13 699
29 513
13 474
After tax
46 466
54 801
38 987
55 026
Living cost
21 138
21 138
21 138
21 138
Free-cash
25 328
33 663
17 849
33 888

Estimated living cost  is ₽21138 per week

₽13485
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2013
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.
₽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 Riga model

Close
Rotterdam , Netherlands
-₽26691
-₽32395
-₽3496
-₽32395
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
68 500
income
-
-
-
7 242
pensions
-
-
-
11 904
health
-
-
-
10 287
total
-
-
-
29 433
Employee
86 765
86 765
86 765
-
health
13 318
11 328
13 318
-
income

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

14 202
14 202
14 202
-
pensions
15 618
11 904
15 618
-
total
43 138
37 434
43 138
-
Employer
86 765
86 765
86 765
-
unemployment
3 124
3 124
3 124
-
pensions
6 039
6 039
6 039
-
health
6 031
6 031
6 031
-
total
15 194
15 194
15 194
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
68 500
68 500
68 500
68 500
Total tax
58 332
52 628
58 332
29 433
After tax
10 168
15 872
10 168
39 067
Living cost
42 563
42 563
42 563
42 563
Free-cash
-32 395
-26 691
-32 395
-3 496

Estimated living cost  is ₽42563 per week

₽30164
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3837
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽677
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7886
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽1752
-₽4819
-₽5007
-₽2573
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
68 500
municipal
-
-
-
14 509
accident
-
-
-
137
pensions
-
-
-
7 405
other
-
-
-
7 960
unemployment
-
-
-
69
health
-
-
-
4 274
national
-
-
-
-
total
-
-
-
34 354
Employee
55 789
-
52 123
-
municipal
16 636
-
15 543
-
national
-
-
-
-
total
16 636
-
15 543
-
Employer
55 789
-
52 123
-
accident
112
-
104
-
other
6 483
-
6 057
-
unemployment
1 473
-
1 376
-
pensions
6 031
-
5 634
-
health
3 431
-
3 206
-
total
17 530
-
16 377
-
Corporate
-
68 500
-
-
income
-
15 070
-
-
total
-
15 070
-
-
Dividends
-
53 430
-
-
withholding
-
16 029
-
-
total
-
16 029
-
-
Income
68 500
68 500
68 500
68 500
Total tax
34 166
31 099
31 920
34 354
After tax
34 334
37 401
36 580
34 146
Living cost
39 153
39 153
39 153
39 153
Free-cash
-4 819
-1 752
-2 573
-5 007

Estimated living cost  is ₽39153 per week

₽25949
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3842
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽595
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8767
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽5536
₽8738
₽8157
₽11655
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
68 500
trade
-
-
-
3 498
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.

-
-
-
9 469
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.

-
-
-
6 941
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.

-
-
-
521
total
-
-
-
20 429
Employee

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

51 525
-
68 500
-
health

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

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

6 941
-
6 941
-
surtax

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

243
-
521
-
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.

4 427
-
9 469
-
total
11 611
-
16 931
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
16 975
68 500
-
-
surtax

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

141
565
-
-
income
2 547
10 275
-
-
trade
2 792
11 268
-
-
chamber of commerce
179
253
-
-
total
5 659
22 361
-
-
Dividends
11 316
46 140
-
-
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.

135
613
-
-
withholding
2 443
11 148
-
-
total
2 578
11 761
-
-
Income
68 500
68 500
68 500
68 500
Total tax
19 848
34 122
16 931
20 429
After tax
48 652
34 378
51 569
48 071
Living cost
39 914
39 914
39 914
39 914
Free-cash
8 738
-5 536
11 655
8 157

Estimated living cost  is ₽39914 per week

₽26695
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4209
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽596
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8414
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽12571
₽13164
₽19314
₽15302
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
68 500
income
-
-
-
3 798
health
-
-
-
1 747
social contributions
-
-
-
10 686
total
-
-
-
16 231
Employee
78 128
78 128
78 128
-
social contributions
3 796
6 484
5 162
-
health
777
1 328
1 057
-
income
8 204
7 232
7 711
-
total
12 777
15 044
13 930
-
Employer
78 128
78 128
78 128
-
social contributions
3 796
6 484
5 162
-
health
846
1 446
1 151
-
total
4 642
7 930
6 313
-
Corporate
18 124
-
-
-
income
2 266
-
-
-
total
2 266
-
-
-
Dividends
15 859
-
-
-
withholding
2 696
-
-
-
total
2 696
-
-
-
Income
68 500
68 500
68 500
68 500
Total tax
22 381
22 974
20 243
16 231
After tax
46 119
45 526
48 257
52 269
Living cost
32 955
32 955
32 955
32 955
Free-cash
13 164
12 571
15 302
19 314

Estimated living cost  is ₽32955 per week

₽22528
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2574
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.
₽7300
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽20306
₽20687
₽29049
₽21305
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
68 500
income
-
-
-
8 374
pensions
-
-
-
6 850
unemployment
-
-
-
1 028
health
-
-
-
4 795
total
-
-
-
21 047
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.

26 567
10 573
57 322
-
health
1 860
740
4 013
-
income
3 248
1 293
7 008
-
pensions
2 657
1 057
5 732
-
unemployment
399
159
860
-
total
8 164
3 249
17 613
-
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.

26 567
10 573
57 322
-
pensions
5 181
2 062
11 178
-
total
5 181
2 062
11 178
-
Corporate
36 753
55 865
-
-
income
3 308
5 028
-
-
total
3 308
5 028
-
-
Dividends
33 445
50 837
-
-
social contributions
6 401
9 792
-
-
withholding
6 355
9 659
-
-
total
12 756
19 451
-
-
Income
68 500
68 500
68 500
68 500
Total tax
29 409
29 790
28 791
21 047
After tax
39 091
38 710
39 709
47 453
Living cost
18 404
18 404
18 404
18 404
Free-cash
20 687
20 306
21 305
29 049

Estimated living cost  is ₽18404 per week

₽12559
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1506
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽368
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3971
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽30260
₽23947
₽12475
₽14943
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
68 500
income
-
-
-
8 881
pensions
-
-
-
13 699
health
-
-
-
8 904
total
-
-
-
31 484
Employee
28 823
-
51 197
-
income
3 245
-
9 870
-
pensions
577
-
1 024
-
unemployment
461
-
819
-
total
4 283
-
11 713
-
Employer
28 823
-
51 197
-
unemployment
231
-
409
-
pensions
5 765
-
10 238
-
health
3 746
-
6 656
-
total
9 742
-
17 303
-
Corporate
29 934
68 500
-
-
income
5 987
13 699
-
-
total
5 987
13 699
-
-
Dividends
23 947
54 801
-
-
total
-
-
-
-
Income
68 500
68 500
68 500
68 500
Total tax
20 012
13 699
29 016
31 484
After tax
48 488
54 801
39 484
37 016
Living cost
24 541
24 541
24 541
24 541
Free-cash
23 947
30 260
14 943
12 475

Estimated living cost  is ₽24541 per week

₽16833
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1462
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽494
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5754
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽16645
₽2144
₽25027
₽13133
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
68 500
accident
-
-
-
255
income
-
-
-
14 254
pensions
-
-
-
4 197
other
-
-
-
374
health
-
-
-
2 200
total
-
-
-
21 280
Employee
34 910
-
56 903
-
health
3 997
-
6 515
-
income
4 789
-
8 656
-
pensions
3 931
-
6 407
-
total
12 717
-
21 578
-
Employer
34 910
-
56 903
-
accident
583
-
950
-
unemployment
855
-
1 394
-
pensions
5 677
-
9 252
-
total
7 115
-
11 596
-
Corporate
26 475
68 500
-
-
income

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

23 828
61 650
-
-
total
23 828
61 650
-
-
Dividends
2 647
6 850
-
-
withholding
503
1 302
-
-
total
503
1 302
-
-
Income
68 500
68 500
68 500
68 500
Total tax
44 163
62 952
33 174
21 280
After tax
24 337
5 548
35 326
47 220
Living cost
22 193
22 193
22 193
22 193
Free-cash
2 144
-16 645
13 133
25 027

Estimated living cost  is ₽22193 per week

₽16265
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1230
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽463
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4235
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽55814
₽54077
₽58554
₽45539
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
68 500
microenterprise

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

-
-
-
685
total
-
-
-
685
Employee
11 576
-
68 500
-
income
2 315
-
13 700
-
total
2 315
-
13 700
-
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%.

56 924
68 500
-
-
total
-
-
-
-
Dividends
56 924
68 500
-
-
withholding
2 847
3 425
-
-
total
2 847
3 425
-
-
Income
68 500
68 500
68 500
68 500
Total tax
5 162
3 425
13 700
685
After tax
63 338
65 075
54 800
67 815
Living cost
9 261
9 261
9 261
9 261
Free-cash
54 077
55 814
45 539
58 554

Estimated living cost  is ₽9261 per week

₽5739
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽770
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽255
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2497
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Social security system in Georgia is financed from the government taxes which are part of our internal model. Separate pension and medical insurance contributions are not compulsory. It is advisable to purchase health insurance privately as in an event of medical emergency the treatment is likely to get costly.

Source of data for Batumi model

Close
Bratislava , Slovakia
₽23252
₽16393
₽10017
₽13078
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
68 500
income
-
-
-
8 700
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.

-
-
-
16 441
other
-
-
-
3 255
health
-
-
-
3 014
total
-
-
-
31 410
Employee
36 891
-
54 712
-
health
517
-
765
-
income
6 351
-
9 419
-
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.

2 582
-
3 829
-
unemployment
368
-
548
-
total
9 818
-
14 561
-
Employer
36 891
-
54 712
-
accident
295
-
438
-
other
1 845
-
2 736
-
unemployment
368
-
548
-
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.

6 272
-
9 301
-
health
517
-
765
-
total
9 297
-
13 788
-
Corporate
22 311
68 500
-
-
income
4 685
14 386
-
-
total
4 685
14 386
-
-
Dividends
17 626
54 114
-
-
withholding
1 234
3 789
-
-
total
1 234
3 789
-
-
Income
68 500
68 500
68 500
68 500
Total tax
25 034
18 175
28 349
31 410
After tax
43 466
50 325
40 151
37 090
Living cost
27 073
27 073
27 073
27 073
Free-cash
16 393
23 252
13 078
10 017

Estimated living cost  is ₽27073 per week

₽19129
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1828
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽436
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5680
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽17086
-₽41554
-₽17176
-₽24421
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
68 500
income
-
-
-
12 809
pensions
-
-
-
4 458
total
-
-
-
17 267
Employee
96 788
-
60 872
-
health
1 595
-
858
-
income
17 447
-
10 998
-
pensions
9 337
-
5 028
-
total
28 379
-
16 884
-
Employer
96 788
-
60 872
-
pensions
11 428
-
6 472
-
health
1 838
-
1 156
-
total
13 266
-
7 628
-
Corporate
-
68 500
-
-
income

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

-
13 016
-
-
total
-
13 016
-
-
Dividends
-
55 484
-
-
withholding
-
4 161
-
-
total
-
4 161
-
-
Income
68 500
68 500
68 500
68 500
Total tax
41 645
17 177
24 512
17 267
After tax
26 855
51 323
43 988
51 233
Living cost
68 409
68 409
68 409
68 409
Free-cash
-41 554
-17 086
-24 421
-17 176

Estimated living cost  is ₽68409 per week

₽51260
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽8038
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽556
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8556
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽45245
₽40526
₽35426
₽36922
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
68 500
income
-
-
-
10 275
pensions

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

-
-
-
5 253
unemployment
-
-
-
142
health
-
-
-
4 082
total
-
-
-
19 752
Employee
17 641
-
61 537
-
health
811
-
1 633
-
accident

We are using the highest rate at 1.1%.

194
-
390
-
income
1 764
-
6 154
-
pensions

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

1 549
-
3 116
-
total
4 318
-
11 293
-
Employer
17 641
-
61 537
-
accident

We are using the highest rate at 1.1%.

194
-
390
-
unemployment
105
-
213
-
pensions

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

1 944
-
3 911
-
health
1 218
-
2 449
-
total
3 461
-
6 963
-
Corporate
47 398
68 500
-
-
income
4 740
6 850
-
-
total
4 740
6 850
-
-
Dividends
42 658
61 650
-
-
withholding
2 133
3 083
-
-
total
2 133
3 083
-
-
Income
68 500
68 500
68 500
68 500
Total tax
14 652
9 933
18 256
19 752
After tax
53 848
58 567
50 244
48 748
Living cost
13 322
13 322
13 322
13 322
Free-cash
40 526
45 245
36 922
35 426

Estimated living cost  is ₽13322 per week

₽7778
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽951
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽353
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4240
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽40469
-₽42193
-₽17274
-₽46173
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
68 500
income
-
-
-
7 242
pensions
-
-
-
11 904
health
-
-
-
10 287
total
-
-
-
29 433
Employee
94 199
86 765
86 765
-
health
11 752
11 328
13 318
-
income

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

14 202
14 202
14 202
-
pensions
11 904
11 904
15 618
-
total
37 858
37 434
43 138
-
Employer
94 199
86 765
86 765
-
unemployment
3 392
3 124
3 124
-
pensions
6 556
6 039
6 039
-
health
6 546
6 031
6 031
-
total
16 494
15 194
15 194
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
68 500
68 500
68 500
68 500
Total tax
54 352
52 628
58 332
29 433
After tax
14 148
15 872
10 168
39 067
Living cost
56 341
56 341
56 341
56 341
Free-cash
-42 193
-40 469
-46 173
-17 274

Estimated living cost  is ₽56341 per week

₽41561
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽5032
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽646
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9103
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽22888
₽14228
₽9089
₽10487
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
68 500
income
-
-
-
5 888
health
-
-
-
9 247
solidarity contribution
-
-
-
-
social contributions
-
-
-
20 002
total
-
-
-
35 137
Employee
35 697
-
51 119
-
social contributions
2 320
-
3 323
-
health
4 819
-
6 901
-
solidarity contribution
-
-
-
-
income
4 284
-
6 134
-
total
11 423
-
16 358
-
Employer
35 697
-
51 119
-
social contributions
8 924
-
12 780
-
health
3 213
-
4 601
-
total
12 137
-
17 381
-
Corporate
20 666
68 500
-
-
income
3 927
13 015
-
-
total
3 927
13 015
-
-
Dividends
16 740
55 485
-
-
withholding
2 511
8 323
-
-
total
2 511
8 323
-
-
Income
68 500
68 500
68 500
68 500
Total tax
29 998
21 338
33 739
35 137
After tax
38 502
47 162
34 761
33 363
Living cost
24 274
24 274
24 274
24 274
Free-cash
14 228
22 888
10 487
9 089

Estimated living cost  is ₽24274 per week

₽16861
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1727
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽5209
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽6325
-₽21799
-₽5681
-₽9552
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
68 500
municipal
-
-
-
407
regional
-
-
-
703
national
-
-
-
12 581
social contributions
-
-
-
17 617
total
-
-
-
31 308
Employee
90 299
-
68 500
-
social contributions
30 449
-
23 099
-
regional
852
-
616
-
municipal
478
-
362
-
national
15 647
-
11 102
-
total
47 426
-
35 179
-
Employer
90 299
-
68 500
-
total
-
-
-
-
Corporate
-
68 500
-
-
nationa
-
16 439
-
-
municipal
-
2 672
-
-
total
-
19 111
-
-
Dividends
-
49 388
-
-
withholding
-
12 841
-
-
total
-
12 841
-
-
Income
68 500
68 500
68 500
68 500
Total tax
47 426
31 952
35 179
31 308
After tax
21 074
36 548
33 321
37 192
Living cost
42 873
42 873
42 873
42 873
Free-cash
-21 799
-6 325
-9 552
-5 681

Estimated living cost  is ₽42873 per week

₽29886
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2811
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽657
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9517
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽20667
₽17506
₽15446
₽13946
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
68 500
income
-
-
-
10 944
pensions
-
-
-
13 699
other
-
-
-
-
unemployment
-
-
-
231
health
-
-
-
4 863
surtax
-
-
-
897
total
-
-
-
30 634
Employee
33 600
-
56 590
-
other
-
-
-
-
health
858
-
1 442
-
surtax
110
-
783
-
income
5 632
-
10 285
-
pensions
2 240
-
3 775
-
unemployment
2 339
-
3 939
-
total
11 179
-
20 224
-
Employer
33 600
-
56 590
-
other
-
-
-
-
unemployment
1 064
-
1 793
-
pensions
4 479
-
7 543
-
health
1 529
-
2 574
-
total
7 072
-
11 910
-
Corporate
27 828
68 500
-
-
income
7 234
17 810
-
-
total
7 234
17 810
-
-
Dividends
20 594
50 690
-
-
withholding
3 089
7 603
-
-
total
3 089
7 603
-
-
Income
68 500
68 500
68 500
68 500
Total tax
28 574
25 413
32 134
30 634
After tax
39 926
43 087
36 366
37 866
Living cost
22 420
22 420
22 420
22 420
Free-cash
17 506
20 667
13 946
15 446

Estimated living cost  is ₽22420 per week

₽13709
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2069
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.
₽6126
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽4588
-₽4619
₽4498
-₽2747
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
68 500
income
-
-
-
12 809
pensions
-
-
-
4 458
total
-
-
-
17 267
Employee
64 865
-
60 872
-
health
942
-
858
-
income
11 682
-
10 998
-
pensions
5 506
-
5 028
-
total
18 130
-
16 884
-
Employer
64 865
-
60 872
-
pensions
7 022
-
6 472
-
health
1 232
-
1 156
-
total
8 254
-
7 628
-
Corporate
-
68 500
-
-
income

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

-
13 016
-
-
total
-
13 016
-
-
Dividends
-
55 484
-
-
withholding
-
4 161
-
-
total
-
4 161
-
-
Income
68 500
68 500
68 500
68 500
Total tax
26 384
17 177
24 512
17 267
After tax
42 116
51 323
43 988
51 233
Living cost
46 735
46 735
46 735
46 735
Free-cash
-4 619
4 588
-2 747
4 498

Estimated living cost  is ₽46735 per week

₽35014
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3503
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽489
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7729
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽46292
-₽30982
-₽19743
-₽23255
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
68 500
city
-
-
-
722
pensions
-
-
-
6 301
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.

-
-
-
1 369
regional
-
-
-
1 740
health
-
-
-
253
national
-
-
-
243
total
-
-
-
10 628
Employee
90 829
-
61 312
-
city
975
-
658
-
regional
2 974
-
1 479
-
health
205
-
138
-
pensions
7 631
-
5 149
-
unemployment
-
-
-
-
national
430
-
203
-
total
12 215
-
7 627
-
Employer
90 829
-
61 312
-
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.

1 816
-
1 226
-
unemployment
-
-
-
-
pensions
7 631
-
5 149
-
health
205
-
138
-
total
9 652
-
6 513
-
Corporate
-
68 500
-
-
regional
-
14 488
-
-
national
-
5 823
-
-
total
-
20 311
-
-
Dividends
-
48 189
-
-
withholding
-
16 866
-
-
total
-
16 866
-
-
Income
68 500
68 500
68 500
68 500
Total tax
21 867
37 177
14 140
10 628
After tax
46 633
31 323
54 360
57 872
Living cost
77 615
77 615
77 615
77 615
Free-cash
-30 982
-46 292
-23 255
-19 743

Estimated living cost  is ₽77615 per week

₽50472
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6965
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽953
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽19225
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽12520
₽3958
₽1378
₽5024
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
68 500
trade
-
-
-
3 646
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.

-
-
-
9 469
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.

-
-
-
6 941
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.

-
-
-
521
total
-
-
-
20 577
Employee

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

61 062
-
68 500
-
health

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

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

6 941
-
6 941
-
surtax

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

395
-
521
-
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.

7 180
-
9 469
-
total
14 516
-
16 931
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
7 438
68 500
-
-
surtax

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

62
565
-
-
income
1 116
10 275
-
-
trade
1 276
11 748
-
-
chamber of commerce
164
251
-
-
total
2 618
22 839
-
-
Dividends
4 820
45 661
-
-
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.

44
607
-
-
withholding
819
11 029
-
-
total
863
11 636
-
-
Income
68 500
68 500
68 500
68 500
Total tax
17 997
34 475
16 931
20 577
After tax
50 503
34 025
51 569
47 923
Living cost
46 545
46 545
46 545
46 545
Free-cash
3 958
-12 520
5 024
1 378

Estimated living cost  is ₽46545 per week

₽33995
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3723
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽605
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8223
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽238
₽5762
₽6058
₽6428
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
68 500
income
-
-
-
3 573
pensions
-
-
-
19 439
other
-
-
-
2 123
health
-
-
-
592
surtax
-
-
-
-
social contributions
-
-
-
1 953
total
-
-
-
27 680
Employee
43 485
-
52 200
-
social contributions
1 240
-
1 487
-
surtax
-
-
-
-
income
2 566
-
3 619
-
pensions
4 917
-
5 904
-
total
8 723
-
11 010
-
Employer
43 485
-
52 200
-
other
1 500
-
1 801
-
social contributions
131
-
156
-
unemployment
1 760
-
2 113
-
pensions
7 144
-
8 576
-
health
3 045
-
3 654
-
total
13 580
-
16 300
-
Corporate
11 435
68 500
-
-
surtax
-
-
-
-
income
3 203
19 181
-
-
total
3 203
19 181
-
-
Dividends
8 233
49 319
-
-
surtax
-
-
-
-
social contributions
1 415
8 482
-
-
withholding
1 055
6 313
-
-
total
2 470
14 795
-
-
Income
68 500
68 500
68 500
68 500
Total tax
27 976
33 976
27 310
27 680
After tax
40 524
34 524
41 190
40 820
Living cost
34 762
34 762
34 762
34 762
Free-cash
5 762
-238
6 428
6 058

Estimated living cost  is ₽34762 per week

₽21919
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2827
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽592
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9427
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽3206
₽8852
₽9502
₽9872
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
68 500
income
-
-
-
3 573
pensions
-
-
-
19 439
other
-
-
-
2 123
health
-
-
-
592
surtax
-
-
-
-
social contributions
-
-
-
1 953
total
-
-
-
27 680
Employee
38 816
-
52 200
-
social contributions
1 107
-
1 487
-
surtax
-
-
-
-
income
2 001
-
3 619
-
pensions
4 390
-
5 904
-
total
7 498
-
11 010
-
Employer
38 816
-
52 200
-
other
1 340
-
1 801
-
social contributions
116
-
156
-
unemployment
1 571
-
2 113
-
pensions
6 378
-
8 576
-
health
2 717
-
3 654
-
total
12 122
-
16 300
-
Corporate
17 562
68 500
-
-
surtax
-
-
-
-
income
4 917
19 181
-
-
total
4 917
19 181
-
-
Dividends
12 645
49 319
-
-
surtax
-
-
-
-
social contributions
2 175
8 482
-
-
withholding
1 618
6 313
-
-
total
3 793
14 795
-
-
Income
68 500
68 500
68 500
68 500
Total tax
28 330
33 976
27 310
27 680
After tax
40 170
34 524
41 190
40 820
Living cost
31 318
31 318
31 318
31 318
Free-cash
8 852
3 206
9 872
9 502

Estimated living cost  is ₽31318 per week

₽18163
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3181
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽594
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9380
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽20245
₽20772
₽22444
₽19141
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
68 500
income
-
-
-
10 275
health
-
-
-
4 782
social contributions
-
-
-
9 454
total
-
-
-
24 511
Employee
34 450
-
68 500
-
social contributions
4 755
-
9 454
-
health
2 404
-
4 782
-
income
5 746
-
13 578
-
total
12 905
-
27 814
-
Employer
34 450
-
68 500
-
total
-
-
-
-
Corporate
34 050
68 500
-
-
income

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

1 703
3 424
-
-
total
1 703
3 424
-
-
Dividends
32 348
65 076
-
-
health
2 258
4 543
-
-
social contributions
4 464
8 981
-
-
withholding
4 853
9 762
-
-
total
11 575
23 286
-
-
Income
68 500
68 500
68 500
68 500
Total tax
26 183
26 710
27 814
24 511
After tax
42 317
41 790
40 686
43 989
Living cost
21 545
21 545
21 545
21 545
Free-cash
20 772
20 245
19 141
22 444

Estimated living cost  is ₽21545 per week

₽14418
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1328
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽496
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5300
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽3153
₽1413
₽1327
-₽11094
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
68 500
chamber of commerce
-
-
-
274
income
-
-
-
6 752
pensions
-
-
-
12 672
unemployment
-
-
-
6 232
health
-
-
-
5 241
surtax
-
-
-
201
total
-
-
-
31 372
Employee
50 777
40 491
53 035
-
other
507
405
530
-
health
1 965
1 568
2 052
-
income
5 781
2 987
6 428
-
pensions
5 200
4 145
5 432
-
unemployment
1 523
1 215
1 591
-
total
14 976
10 320
16 033
-
Employer
50 777
40 491
53 035
-
accident
659
526
690
-
other
2 412
1 922
2 520
-
chamber of commerce
202
162
212
-
unemployment
1 523
1 215
1 591
-
surtax
201
201
201
-
pensions
6 372
5 083
6 656
-
payroll
1 523
1 215
1 591
-
health
1 918
1 531
2 005
-
total
14 810
11 855
15 466
-
Corporate
3 856
16 155
49 178
-
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.

964
4 039
12 294
-
total
964
4 039
12 294
-
Dividends
1 947
12 116
-
-
withholding
536
3 332
-
-
total
536
3 332
-
-
Income
68 500
68 500
68 500
68 500
Total tax
31 286
29 546
43 793
31 372
After tax
37 214
38 954
24 707
37 128
Living cost
35 801
35 801
35 801
35 801
Free-cash
1 413
3 153
-11 094
1 327

Estimated living cost  is ₽35801 per week

₽23878
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3054
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽588
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8281
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽1493
-₽25334
-₽1755
-₽8359
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
68 500
national
-
-
-
20 734
communal

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

-
-
-
3 577
social contributions
-
-
-
8 898
total
-
-
-
33 209
Employee

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

72 678
-
53 054
-
communal

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

3 791
-
2 767
-
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.

3 415
-
2 493
-
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.

5 451
-
3 980
-
unemployment

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

632
-
461
-
national
22 344
-
14 666
-
total
35 633
-
24 367
-
Employer

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

72 678
-
53 054
-
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.

945
-
690
-
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.

1 060
-
775
-
surtax
8 241
-
6 016
-
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.

6 440
-
4 701
-
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.

4 469
-
3 264
-
total
21 155
-
15 446
-
Corporate
-
68 500
-
-
surtax
-
274
-
-
income
-
13 699
-
-
total
-
13 973
-
-
Dividends
-
54 527
-
-
withholding

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

-
15 988
-
-
total
-
15 988
-
-
Income
68 500
68 500
68 500
68 500
Total tax
56 788
29 961
39 813
33 209
After tax
11 712
38 539
28 687
35 291
Living cost
37 046
37 046
37 046
37 046
Free-cash
-25 334
1 493
-8 359
-1 755

Estimated living cost  is ₽37046 per week

₽23862
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3239
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.
₽9365
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽9535
₽1242
₽409
₽895
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
68 500
accident
-
-
-
617
income
-
-
-
10 847
pensions
-
-
-
19 385
other
-
-
-
69
unemployment
-
-
-
480
total
-
-
-
31 398
Employee
50 576
-
51 939
-
other
50
-
52
-
income
10 671
-
11 055
-
pensions
2 377
-
2 441
-
unemployment
785
-
806
-
total
13 883
-
14 354
-
Employer
50 576
-
51 939
-
accident
1 001
-
1 028
-
other
403
-
416
-
unemployment
2 782
-
2 857
-
pensions
11 935
-
12 257
-
total
16 121
-
16 558
-
Corporate
1 803
68 500
-
-
income

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

270
10 275
-
-
total
270
10 275
-
-
Dividends
1 533
58 225
-
-
withholding
291
11 997
-
-
total
291
11 997
-
-
Income
68 500
68 500
68 500
68 500
Total tax
30 565
22 272
30 912
31 398
After tax
37 935
46 228
37 588
37 102
Living cost
36 693
36 693
36 693
36 693
Free-cash
1 242
9 535
895
409

Estimated living cost  is ₽36693 per week

₽27021
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2603
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽528
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6540
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽12506
-₽17637
-₽10813
-₽9513
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
68 500
accident
-
-
-
617
income
-
-
-
3 758
pensions
-
-
-
10 959
health
-
-
-
5 138
surtax
-
-
-
3 625
communal
-
-
-
-
total
-
-
-
24 097
Employee
76 944
-
61 187
-
health
3 424
-
2 723
-
surtax
4 716
-
3 750
-
income
7 432
-
4 115
-
pensions
6 155
-
4 896
-
total
21 727
-
15 484
-
Employer
76 944
-
61 187
-
accident
692
-
551
-
pensions
6 155
-
4 896
-
health
2 347
-
1 866
-
total
9 194
-
7 313
-
Corporate
-
68 500
-
-
surtax
-
719
-
-
communal
-
4 624
-
-
income
-
10 275
-
-
total
-
15 618
-
-
Dividends
-
52 882
-
-
income
-
2 240
-
-
withholding
-
7 932
-
-
total
-
10 172
-
-
Income
68 500
68 500
68 500
68 500
Total tax
30 921
25 790
22 797
24 097
After tax
37 579
42 710
45 703
44 403
Living cost
55 216
55 216
55 216
55 216
Free-cash
-17 637
-12 506
-9 513
-10 813

Estimated living cost  is ₽55216 per week

₽41420
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3345
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽584
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9864
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽20266
₽17033
₽15045
₽13545
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
68 500
income
-
-
-
10 944
pensions
-
-
-
13 699
other
-
-
-
-
unemployment
-
-
-
231
health
-
-
-
4 863
surtax
-
-
-
897
total
-
-
-
30 634
Employee
34 217
-
56 590
-
other
-
-
-
-
health
873
-
1 442
-
surtax
121
-
783
-
income
5 736
-
10 285
-
pensions
2 283
-
3 775
-
unemployment
2 381
-
3 939
-
total
11 394
-
20 224
-
Employer
34 217
-
56 590
-
other
-
-
-
-
unemployment
1 086
-
1 793
-
pensions
4 562
-
7 543
-
health
1 556
-
2 574
-
total
7 204
-
11 910
-
Corporate
27 080
68 500
-
-
income
7 042
17 810
-
-
total
7 042
17 810
-
-
Dividends
20 038
50 690
-
-
withholding
3 006
7 603
-
-
total
3 006
7 603
-
-
Income
68 500
68 500
68 500
68 500
Total tax
28 646
25 413
32 134
30 634
After tax
39 854
43 087
36 366
37 866
Living cost
22 821
22 821
22 821
22 821
Free-cash
17 033
20 266
13 545
15 045

Estimated living cost  is ₽22821 per week

₽13778
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1984
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽530
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6531
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Athens model

Close
Naples , Italy
₽8636
₽6379
₽9492
₽5644
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
68 500
municipal
-
-
-
407
regional
-
-
-
1 033
national
-
-
-
12 581
social contributions
-
-
-
17 617
total
-
-
-
31 638
Employee
56 361
-
68 500
-
social contributions
19 005
-
23 099
-
regional
759
-
923
-
municipal
299
-
362
-
national
8 929
-
11 102
-
total
28 992
-
35 486
-
Employer
56 361
-
68 500
-
total
-
-
-
-
Corporate
12 139
68 500
-
-
nationa
2 913
16 439
-
-
municipal
604
3 405
-
-
total
3 517
19 844
-
-
Dividends
8 622
48 656
-
-
withholding
2 242
12 650
-
-
total
2 242
12 650
-
-
Income
68 500
68 500
68 500
68 500
Total tax
34 751
32 494
35 486
31 638
After tax
33 749
36 006
33 014
36 862
Living cost
27 370
27 370
27 370
27 370
Free-cash
6 379
8 636
5 644
9 492

Estimated living cost  is ₽27370 per week

₽17021
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2773
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽469
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7107
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽17250
₽6580
₽3451
₽4849
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
68 500
income
-
-
-
5 888
health
-
-
-
9 247
solidarity contribution
-
-
-
-
social contributions
-
-
-
20 002
total
-
-
-
35 137
Employee
43 988
-
51 119
-
social contributions
2 859
-
3 323
-
health
5 938
-
6 901
-
solidarity contribution
-
-
-
-
income
5 278
-
6 134
-
total
14 075
-
16 358
-
Employer
43 988
-
51 119
-
social contributions
10 997
-
12 780
-
health
3 959
-
4 601
-
total
14 956
-
17 381
-
Corporate
9 557
68 500
-
-
income
1 816
13 015
-
-
total
1 816
13 015
-
-
Dividends
7 741
55 485
-
-
withholding
1 161
8 323
-
-
total
1 161
8 323
-
-
Income
68 500
68 500
68 500
68 500
Total tax
32 008
21 338
33 739
35 137
After tax
36 492
47 162
34 761
33 363
Living cost
29 912
29 912
29 912
29 912
Free-cash
6 580
17 250
4 849
3 451

Estimated living cost  is ₽29912 per week

₽22244
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1657
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.
₽5493
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽6649
₽6149
₽4914
-₽7662
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
68 500
chamber of commerce
-
-
-
274
income
-
-
-
6 752
pensions
-
-
-
12 672
unemployment
-
-
-
6 232
health
-
-
-
5 241
surtax
-
-
-
-
total
-
-
-
31 171
Employee
44 414
40 491
53 191
-
other
443
405
532
-
health
1 718
1 568
2 059
-
income
3 957
2 987
6 471
-
pensions
4 548
4 145
5 447
-
unemployment
1 332
1 215
1 596
-
total
11 998
10 320
16 105
-
Employer
44 414
40 491
53 191
-
accident
577
526
692
-
other
2 109
1 922
2 526
-
chamber of commerce
177
162
212
-
unemployment
1 332
1 215
1 596
-
surtax
-
-
-
-
pensions
5 574
5 083
6 675
-
payroll
1 332
1 215
1 596
-
health
1 679
1 531
2 011
-
total
12 780
11 654
15 308
-
Corporate
11 305
16 356
49 334
-
income

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

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

2 827
4 090
12 334
-
total
2 827
4 090
12 334
-
Dividends
8 478
12 266
-
-
withholding
2 331
3 372
-
-
total
2 331
3 372
-
-
Income
68 500
68 500
68 500
68 500
Total tax
29 936
29 436
43 747
31 171
After tax
38 564
39 064
24 753
37 329
Living cost
32 415
32 415
32 415
32 415
Free-cash
6 149
6 649
-7 662
4 914

Estimated living cost  is ₽32415 per week

₽19445
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3311
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽578
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9081
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽50643
₽47937
₽53383
₽40368
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
68 500
microenterprise

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

-
-
-
685
total
-
-
-
685
Employee
18 040
-
68 500
-
income
3 608
-
13 700
-
total
3 608
-
13 700
-
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%.

50 460
68 500
-
-
total
-
-
-
-
Dividends
50 460
68 500
-
-
withholding
2 523
3 425
-
-
total
2 523
3 425
-
-
Income
68 500
68 500
68 500
68 500
Total tax
6 131
3 425
13 700
685
After tax
62 369
65 075
54 800
67 815
Living cost
14 432
14 432
14 432
14 432
Free-cash
47 937
50 643
40 368
53 383

Estimated living cost  is ₽14432 per week

₽9766
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽606
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽484
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3575
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽19909
₽11411
₽9639
₽7677
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
68 500
income
-
-
-
12 256
pensions
-
-
-
12 510
unemployment
-
-
-
102
health
-
-
-
6 741
total
-
-
-
31 609
Employee

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

44 929
-
59 270
-
health
2 902
-
3 829
-
income
7 748
-
11 244
-
pensions
6 964
-
9 187
-
unemployment
64
-
83
-
total
17 678
-
24 343
-
Employer

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

44 929
-
59 270
-
unemployment
27
-
35
-
pensions
3 976
-
5 244
-
health
2 992
-
3 949
-
total
6 995
-
9 228
-
Corporate
16 575
68 500
-
-
income
3 149
13 015
-
-
total
3 149
13 015
-
-
Dividends
13 427
55 485
-
-
withholding
2 015
8 324
-
-
total
2 015
8 324
-
-
Income
68 500
68 500
68 500
68 500
Total tax
29 837
21 339
33 571
31 609
After tax
38 663
47 161
34 929
36 891
Living cost
27 252
27 252
27 252
27 252
Free-cash
11 411
19 909
7 677
9 639

Estimated living cost  is ₽27252 per week

₽18703
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1747
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽528
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6276
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽2225
-₽83202
₽3439
₽11215
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
68 500
income
-
-
-
13 352
social contributions
-
-
-
7 809
total
-
-
-
21 161
Employee
62 947
-
-
-
social contributions
5 162
-
736
-
income
13 885
-
-
-
total
19 047
-
736
-
Employer
62 947
-
-
-
social contributions
88 755
-
12 649
-
total
88 755
-
12 649
-
Corporate
-
68 500
-
-
income
-
15 070
-
-
total
-
15 070
-
-
Dividends
-
53 430
-
-
income
-
11 755
-
-
total
-
11 755
-
-
Income
68 500
68 500
68 500
68 500
Total tax
107 802
26 825
13 385
21 161
After tax
-39 302
41 675
55 115
47 339
Living cost
43 900
43 900
43 900
43 900
Free-cash
-83 202
-2 225
11 215
3 439

Estimated living cost  is ₽43900 per week

₽28484
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4129
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽559
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10728
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽7093
₽6072
₽7264
₽4967
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
68 500
income
-
-
-
5 561
surtax
-
-
-
-
social contributions

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

-
-
-
23 805
total
-
-
-
29 366
Employee
46 730
-
55 354
-
social contributions
5 140
-
6 089
-
surtax
-
-
-
-
income
9 720
-
12 428
-
total
14 860
-
18 517
-
Employer
46 730
-
55 354
-
social contributions
11 098
-
13 146
-
total
11 098
-
13 146
-
Corporate
10 672
68 500
-
-
surtax
-
-
-
-
income
2 240
14 386
-
-
total
2 240
14 386
-
-
Dividends
8 431
54 114
-
-
withholding
2 360
15 151
-
-
total
2 360
15 151
-
-
Income
68 500
68 500
68 500
68 500
Total tax
30 558
29 537
31 663
29 366
After tax
37 942
38 963
36 837
39 134
Living cost
31 870
31 870
31 870
31 870
Free-cash
6 072
7 093
4 967
7 264

Estimated living cost  is ₽31870 per week

₽23845
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1880
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽532
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5613
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽14549
-₽15010
-₽8253
-₽7883
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
68 500
income
-
-
-
3 573
pensions
-
-
-
19 439
other
-
-
-
2 123
health
-
-
-
592
surtax
-
-
-
-
social contributions
-
-
-
1 953
total
-
-
-
27 680
Employee
63 636
-
52 200
-
social contributions
1 812
-
1 487
-
surtax
-
-
-
-
income
5 552
-
3 619
-
pensions
7 198
-
5 904
-
total
14 562
-
11 010
-
Employer
63 636
-
52 200
-
other
2 196
-
1 801
-
social contributions
191
-
156
-
unemployment
2 578
-
2 113
-
pensions
10 456
-
8 576
-
health
4 454
-
3 654
-
total
19 875
-
16 300
-
Corporate
-
68 500
-
-
surtax
-
-
-
-
income
-
19 181
-
-
total
-
19 181
-
-
Dividends
-
49 319
-
-
surtax
-
-
-
-
social contributions
-
8 482
-
-
withholding
-
6 313
-
-
total
-
14 795
-
-
Income
68 500
68 500
68 500
68 500
Total tax
34 437
33 976
27 310
27 680
After tax
34 063
34 524
41 190
40 820
Living cost
49 073
49 073
49 073
49 073
Free-cash
-15 010
-14 549
-7 883
-8 253

Estimated living cost  is ₽49073 per week

₽33212
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4014
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽673
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11173
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽31107
₽27695
₽22529
₽24452
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
68 500
income
-
-
-
359
social contributions
-
-
-
15 070
total
-
-
-
15 429
Employee
32 665
-
59 307
-
income
-
-
459
-
social contributions
2 123
-
3 856
-
total
2 123
-
4 315
-
Employer
32 665
-
59 307
-
social contributions
5 063
-
9 191
-
total
5 063
-
9 191
-
Corporate
30 772
68 500
-
-
income
3 077
6 851
-
-
total
3 077
6 851
-
-
Dividends
27 695
61 649
-
-
total
-
-
-
-
Income
68 500
68 500
68 500
68 500
Total tax
10 263
6 851
13 506
15 429
After tax
58 237
61 649
54 994
53 071
Living cost
30 542
30 542
30 542
30 542
Free-cash
27 695
31 107
24 452
22 529

Estimated living cost  is ₽30542 per week

₽19748
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2302
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽575
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7917
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽152848
-₽152848
-₽5117
-₽152848
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
68 500
municipal
-
-
-
11 639
pensions
-
-
-
881
national
-
-
-
6 760
labour market
-
-
-
5 410
total
-
-
-
24 690
Employee
206 511
206 511
206 511
-
labour market
16 497
16 497
16 497
-
national
25 229
25 229
25 229
-
municipal
43 975
43 975
43 975
-
pensions
294
294
294
-
total
85 995
85 995
85 995
-
Employer
206 511
206 511
206 511
-
labour market
16 521
16 521
16 521
-
municipal
44 045
44 045
44 045
-
pensions
587
587
587
-
national
25 273
25 273
25 273
-
total
86 426
86 426
86 426
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
68 500
68 500
68 500
68 500
Total tax
172 421
172 421
172 421
24 690
After tax
-103 921
-103 921
-103 921
43 810
Living cost
48 927
48 927
48 927
48 927
Free-cash
-152 848
-152 848
-152 848
-5 117

Estimated living cost  is ₽48927 per week

₽33486
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4328
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽752
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10360
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽16317
₽2194
₽25355
₽13461
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
68 500
accident
-
-
-
255
income
-
-
-
14 254
pensions
-
-
-
4 197
other
-
-
-
374
health
-
-
-
2 200
total
-
-
-
21 280
Employee
34 396
-
56 903
-
health
3 939
-
6 515
-
income
4 719
-
8 656
-
pensions
3 873
-
6 407
-
total
12 531
-
21 578
-
Employer
34 396
-
56 903
-
accident
574
-
950
-
unemployment
843
-
1 394
-
pensions
5 593
-
9 252
-
total
7 010
-
11 596
-
Corporate
27 094
68 500
-
-
income

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

24 385
61 650
-
-
total
24 385
61 650
-
-
Dividends
2 709
6 850
-
-
withholding
515
1 302
-
-
total
515
1 302
-
-
Income
68 500
68 500
68 500
68 500
Total tax
44 441
62 952
33 174
21 280
After tax
24 059
5 548
35 326
47 220
Living cost
21 865
21 865
21 865
21 865
Free-cash
2 194
-16 317
13 461
25 355

Estimated living cost  is ₽21865 per week

₽15916
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1246
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽410
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4293
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽7965
₽3431
₽12700
₽2692
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
68 500
municipal
-
-
-
12 217
health
-
-
-
630
national
-
-
-
3 945
total
-
-
-
16 792
Employee
53 456
-
57 625
-
health
399
-
463
-
municipal
8 756
-
9 434
-
pensions
3 608
-
3 889
-
unemployment
802
-
864
-
national
883
-
1 278
-
total
14 448
-
15 928
-
Employer
53 456
-
57 625
-
accident
54
-
58
-
unemployment
347
-
374
-
pensions
9 274
-
9 997
-
health
411
-
443
-
total
10 086
-
10 872
-
Corporate
4 958
68 500
-
-
income
991
13 699
-
-
total
991
13 699
-
-
Dividends

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

2 975
41 101
-
-
national
-
430
-
-
municipal
536
7 398
-
-
total
536
7 828
-
-
Income
68 500
68 500
68 500
68 500
Total tax
26 061
21 527
26 800
16 792
After tax
42 439
46 973
41 700
51 708
Living cost
39 008
39 008
39 008
39 008
Free-cash
3 431
7 965
2 692
12 700

Estimated living cost  is ₽39008 per week

₽25480
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3752
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽621
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9157
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽22002
₽21279
₽28745
₽24733
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
68 500
income
-
-
-
3 798
health
-
-
-
1 747
social contributions
-
-
-
10 686
total
-
-
-
16 231
Employee
78 128
78 128
78 128
-
social contributions
2 954
6 484
5 162
-
health
605
1 328
1 057
-
income
8 507
7 232
7 711
-
total
12 066
15 044
13 930
-
Employer
78 128
78 128
78 128
-
social contributions
2 954
6 484
5 162
-
health
657
1 446
1 151
-
total
3 611
7 930
6 313
-
Corporate
29 298
-
-
-
income
3 662
-
-
-
total
3 662
-
-
-
Dividends
25 637
-
-
-
withholding
4 358
-
-
-
total
4 358
-
-
-
Income
68 500
68 500
68 500
68 500
Total tax
23 697
22 974
20 243
16 231
After tax
44 803
45 526
48 257
52 269
Living cost
23 524
23 524
23 524
23 524
Free-cash
21 279
22 002
24 733
28 745

Estimated living cost  is ₽23524 per week

₽14098
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2308
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.
₽6598
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽40593
₽35423
₽36143
₽26237
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
68 500
income
-
-
-
6 056
pensions
-
-
-
6 463
unemployment
-
-
-
29
health
-
-
-
3 677
total
-
-
-
16 225
Employee

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

23 322
-
62 102
-
health
1 982
-
5 279
-
income
1 595
-
4 832
-
pensions
3 498
-
9 315
-
unemployment
116
-
310
-
total
7 191
-
19 736
-
Employer

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

23 322
-
62 102
-
unemployment
116
-
310
-
pensions
1 282
-
3 415
-
health
1 003
-
2 670
-
total
2 401
-
6 395
-
Corporate
42 778
68 500
-
-
income
3 850
6 164
-
-
total
3 850
6 164
-
-
Dividends
38 927
62 336
-
-
withholding
3 503
5 611
-
-
total
3 503
5 611
-
-
Income
68 500
68 500
68 500
68 500
Total tax
16 945
11 775
26 131
16 225
After tax
51 555
56 725
42 369
52 275
Living cost
16 132
16 132
16 132
16 132
Free-cash
35 423
40 593
26 237
36 143

Estimated living cost  is ₽16132 per week

₽10292
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1163
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.
₽4196
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽18288
₽12958
₽9162
₽9648
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
68 500
accident
-
-
-
617
income
-
-
-
10 847
pensions
-
-
-
19 385
other
-
-
-
69
unemployment
-
-
-
480
total
-
-
-
31 398
Employee
37 569
-
51 939
-
other
37
-
52
-
income
7 243
-
11 055
-
pensions
1 766
-
2 441
-
unemployment
582
-
806
-
total
9 628
-
14 354
-
Employer
37 569
-
51 939
-
accident
744
-
1 028
-
other
301
-
416
-
unemployment
2 067
-
2 857
-
pensions
8 866
-
12 257
-
total
11 978
-
16 558
-
Corporate
18 954
68 500
-
-
income

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

2 844
10 275
-
-
total
2 844
10 275
-
-
Dividends
16 110
58 225
-
-
withholding
3 152
11 997
-
-
total
3 152
11 997
-
-
Income
68 500
68 500
68 500
68 500
Total tax
27 602
22 272
30 912
31 398
After tax
40 898
46 228
37 588
37 102
Living cost
27 940
27 940
27 940
27 940
Free-cash
12 958
18 288
9 648
9 162

Estimated living cost  is ₽27940 per week

₽18859
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2686
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽490
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5906
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽39963
₽39507
₽40110
₽39913
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
68 500
income
-
-
-
22 109
pensions
-
-
-
2 029
health
-
-
-
1 471
total
-
-
-
25 609
Employee
4 236
-
66 218
-
health
212
-
507
-
income
820
-
22 002
-
pensions
381
-
913
-
unemployment
42
-
101
-
total
1 455
-
23 523
-
Employer
4 236
-
66 218
-
unemployment
85
-
203
-
pensions
466
-
1 116
-
health
402
-
964
-
total
953
-
2 283
-
Corporate
63 310
68 500
-
-
income
13 928
15 070
-
-
total
13 928
15 070
-
-
Dividends
49 382
53 430
-
-
withholding
9 876
10 686
-
-
total
9 876
10 686
-
-
Income
68 500
68 500
68 500
68 500
Total tax
26 212
25 756
25 806
25 609
After tax
42 288
42 744
42 694
42 891
Living cost
2 781
2 781
2 781
2 781
Free-cash
39 507
39 963
39 913
40 110

Estimated living cost  is ₽2781 per week

₽1653
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽225
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽64
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽839
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽31932
₽26934
₽16049
₽18845
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
68 500
income
-
-
-
8 999
pensions
-
-
-
17 810
unemployment
-
-
-
1 028
health
-
-
-
7 055
total
-
-
-
34 892
Employee

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

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

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

26 477
-
58 100
-
health
1 364
-
2 992
-
income
3 650
-
10 134
-
pensions
3 707
-
8 134
-
unemployment
199
-
436
-
total
8 920
-
21 696
-
Employer

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

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

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

26 477
-
58 100
-
unemployment
199
-
436
-
pensions
3 177
-
6 972
-
health
1 364
-
2 992
-
total
4 740
-
10 400
-
Corporate
37 284
68 500
-
-
income
5 593
10 275
-
-
total
5 593
10 275
-
-
Dividends
31 691
58 225
-
-
withholding
4 754
8 734
-
-
total
4 754
8 734
-
-
Income
68 500
68 500
68 500
68 500
Total tax
24 007
19 009
32 096
34 892
After tax
44 493
49 491
36 404
33 608
Living cost
17 559
17 559
17 559
17 559
Free-cash
26 934
31 932
18 845
16 049

Estimated living cost  is ₽17559 per week

₽11822
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1358
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽508
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3870
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽11571
₽11204
₽11742
₽9445
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
68 500
income
-
-
-
5 561
surtax
-
-
-
-
social contributions

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

-
-
-
23 805
total
-
-
-
29 366
Employee
39 435
-
55 354
-
social contributions
4 338
-
6 089
-
surtax
-
-
-
-
income
7 705
-
12 428
-
total
12 043
-
18 517
-
Employer
39 435
-
55 354
-
social contributions
9 365
-
13 146
-
total
9 365
-
13 146
-
Corporate
19 700
68 500
-
-
surtax
-
-
-
-
income
4 138
14 386
-
-
total
4 138
14 386
-
-
Dividends
15 563
54 114
-
-
withholding
4 358
15 151
-
-
total
4 358
15 151
-
-
Income
68 500
68 500
68 500
68 500
Total tax
29 904
29 537
31 663
29 366
After tax
38 596
38 963
36 837
39 134
Living cost
27 392
27 392
27 392
27 392
Free-cash
11 204
11 571
9 445
11 742

Estimated living cost  is ₽27392 per week

₽19401
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1903
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5603
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽10520
₽2607
₽1394
₽1880
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
68 500
accident
-
-
-
617
income
-
-
-
10 847
pensions
-
-
-
19 385
other
-
-
-
69
unemployment
-
-
-
480
total
-
-
-
31 398
Employee
49 070
-
51 939
-
other
48
-
52
-
income
10 249
-
11 055
-
pensions
2 306
-
2 441
-
unemployment
760
-
806
-
total
13 363
-
14 354
-
Employer
49 070
-
51 939
-
accident
972
-
1 028
-
other
393
-
416
-
unemployment
2 699
-
2 857
-
pensions
11 580
-
12 257
-
total
15 644
-
16 558
-
Corporate
3 785
68 500
-
-
income

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

567
10 275
-
-
total
567
10 275
-
-
Dividends
3 218
58 225
-
-
withholding
611
11 997
-
-
total
611
11 997
-
-
Income
68 500
68 500
68 500
68 500
Total tax
30 185
22 272
30 912
31 398
After tax
38 315
46 228
37 588
37 102
Living cost
35 708
35 708
35 708
35 708
Free-cash
2 607
10 520
1 880
1 394

Estimated living cost  is ₽35708 per week

₽25644
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2776
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽503
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6785
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽41088
₽34895
₽31269
₽32765
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
68 500
income
-
-
-
10 275
pensions

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

-
-
-
5 253
unemployment
-
-
-
142
health
-
-
-
4 082
total
-
-
-
19 752
Employee
23 145
-
61 537
-
health
1 065
-
1 633
-
accident

We are using the highest rate at 1.1%.

254
-
390
-
income
2 315
-
6 154
-
pensions

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

2 032
-
3 116
-
total
5 666
-
11 293
-
Employer
23 145
-
61 537
-
accident

We are using the highest rate at 1.1%.

254
-
390
-
unemployment
139
-
213
-
pensions

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

2 551
-
3 911
-
health
1 597
-
2 449
-
total
4 541
-
6 963
-
Corporate
40 814
68 500
-
-
income
4 082
6 850
-
-
total
4 082
6 850
-
-
Dividends
36 732
61 650
-
-
withholding
1 837
3 083
-
-
total
1 837
3 083
-
-
Income
68 500
68 500
68 500
68 500
Total tax
16 126
9 933
18 256
19 752
After tax
52 374
58 567
50 244
48 748
Living cost
17 479
17 479
17 479
17 479
Free-cash
34 895
41 088
32 765
31 269

Estimated living cost  is ₽17479 per week

₽11561
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1001
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽417
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4502
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽3790
₽9501
₽9293
₽12343
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
68 500
trade
-
-
-
3 050
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.

-
-
-
9 469
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.

-
-
-
6 941
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.

-
-
-
521
total
-
-
-
19 981
Employee

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

50 554
-
68 500
-
health

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

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

6 941
-
6 941
-
surtax

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

229
-
521
-
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.

4 157
-
9 469
-
total
11 327
-
16 931
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
17 946
68 500
-
-
surtax

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

148
565
-
-
income
2 692
10 275
-
-
trade
2 576
9 830
-
-
chamber of commerce
181
255
-
-
total
5 597
20 925
-
-
Dividends
12 349
47 576
-
-
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.

148
632
-
-
withholding
2 701
11 507
-
-
total
2 849
12 139
-
-
Income
68 500
68 500
68 500
68 500
Total tax
19 773
33 064
16 931
19 981
After tax
48 727
35 436
51 569
48 519
Living cost
39 226
39 226
39 226
39 226
Free-cash
9 501
-3 790
12 343
9 293

Estimated living cost  is ₽39226 per week

₽27059
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4221
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽569
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7377
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽9928
-₽10978
-₽5380
-₽5380
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
68 500
income
-
-
-
10 607
social contributions
-
-
-
5 395
total
-
-
-
16 002
Employee
79 477
-
68 500
-
income
14 997
-
10 607
-
social contributions
6 603
-
5 395
-
total
21 600
-
16 002
-
Employer
79 477
-
68 500
-
total
-
-
-
-
Corporate
-
68 500
-
-
income
-
8 563
-
-
total
-
8 563
-
-
Dividends
-
59 937
-
-
withholding
-
11 987
-
-
total
-
11 987
-
-
Income
68 500
68 500
68 500
68 500
Total tax
21 600
20 550
16 002
16 002
After tax
46 900
47 950
52 498
52 498
Living cost
57 878
57 878
57 878
57 878
Free-cash
-10 978
-9 928
-5 380
-5 380

Estimated living cost  is ₽57878 per week

₽44033
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4716
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.
₽8576
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽2276
₽8161
-₽4116
₽12909
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
68 500
income
-
-
-
28 922
health

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

-
-
-
6 812
total
-
-
-
35 734
Employee
46 610
-
63 826
-
income
5 057
-
9 361
-
social contributions
4 670
-
4 674
-
total
9 727
-
14 035
-
Employer
46 610
-
63 826
-
social contributions
4 670
-
4 674
-
total
4 670
-
4 674
-
Corporate
17 220
68 500
-
-
income
6 027
23 974
-
-
total
6 027
23 974
-
-
Dividends
11 193
44 526
-
-
social contributions
3 033
5 368
-
-
total
3 033
5 368
-
-
Income
68 500
68 500
68 500
68 500
Total tax
23 457
29 342
18 709
35 734
After tax
45 043
39 158
49 791
32 766
Living cost
36 882
36 882
36 882
36 882
Free-cash
8 161
2 276
12 909
-4 116

Estimated living cost  is ₽36882 per week

₽24294
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2908
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽565
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9114
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽13329
₽7558
₽13239
₽5994
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
68 500
income
-
-
-
12 809
pensions
-
-
-
4 458
total
-
-
-
17 267
Employee
52 152
-
60 872
-
health
680
-
858
-
income
9 497
-
10 998
-
pensions
3 981
-
5 028
-
total
14 158
-
16 884
-
Employer
52 152
-
60 872
-
pensions
5 269
-
6 472
-
health
991
-
1 156
-
total
6 260
-
7 628
-
Corporate
10 087
68 500
-
-
income

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

1 917
13 016
-
-
total
1 917
13 016
-
-
Dividends
8 170
55 484
-
-
withholding
613
4 161
-
-
total
613
4 161
-
-
Income
68 500
68 500
68 500
68 500
Total tax
22 948
17 177
24 512
17 267
After tax
45 552
51 323
43 988
51 233
Living cost
37 994
37 994
37 994
37 994
Free-cash
7 558
13 329
5 994
13 239

Estimated living cost  is ₽37994 per week

₽26064
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3494
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽475
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7959
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽18482
₽1863
₽23190
₽11296
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
68 500
accident
-
-
-
255
income
-
-
-
14 254
pensions
-
-
-
4 197
other
-
-
-
374
health
-
-
-
2 200
total
-
-
-
21 280
Employee
37 800
-
56 903
-
health
4 328
-
6 515
-
income
5 186
-
8 656
-
pensions
4 256
-
6 407
-
total
13 770
-
21 578
-
Employer
37 800
-
56 903
-
accident
631
-
950
-
unemployment
926
-
1 394
-
pensions
6 146
-
9 252
-
total
7 703
-
11 596
-
Corporate
22 996
68 500
-
-
income

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

20 697
61 650
-
-
total
20 697
61 650
-
-
Dividends
2 299
6 850
-
-
withholding
437
1 302
-
-
total
437
1 302
-
-
Income
68 500
68 500
68 500
68 500
Total tax
42 607
62 952
33 174
21 280
After tax
25 893
5 548
35 326
47 220
Living cost
24 030
24 030
24 030
24 030
Free-cash
1 863
-18 482
11 296
23 190

Estimated living cost  is ₽24030 per week

₽17635
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1400
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽484
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4510
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Warsaw model

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Skopje , Macedonia
₽44530
₽39600
₽26338
₽26338
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
68 500
work injury
-
-
-
343
health insurance
-
-
-
5 069
income
-
-
-
9 629
pensions
-
-
-
12 604
unemployment
-
-
-
822
total
-
-
-
28 467
Employee

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

21 911
-
68 500
-
work injury
110
-
343
-
income
2 191
-
9 629
-
pensions
4 032
-
12 604
-
health insurance
1 621
-
5 069
-
unemployment
263
-
822
-
total
8 217
-
28 467
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
46 589
68 500
-
-
income

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

-
-
-
-
total
-
-
-
-
Dividends
46 589
68 500
-
-
withholding
6 988
10 275
-
-
total
6 988
10 275
-
-
Income
68 500
68 500
68 500
68 500
Total tax
15 205
10 275
28 467
28 467
After tax
53 295
58 225
40 033
40 033
Living cost
13 695
13 695
13 695
13 695
Free-cash
39 600
44 530
26 338
26 338

Estimated living cost  is ₽13695 per week

₽8484
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽995
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.
₽3788
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽4393
-₽17119
-₽3733
-₽7536
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
68 500
municipal
-
-
-
459
regional
-
-
-
1 100
national
-
-
-
12 581
social contributions
-
-
-
17 617
total
-
-
-
31 757
Employee
85 618
-
68 500
-
social contributions
28 870
-
23 099
-
regional
1 293
-
950
-
municipal
511
-
409
-
national
14 469
-
11 102
-
total
45 143
-
35 560
-
Employer
85 618
-
68 500
-
total
-
-
-
-
Corporate
-
68 500
-
-
nationa
-
16 439
-
-
municipal
-
3 301
-
-
total
-
19 740
-
-
Dividends
-
48 760
-
-
withholding
-
12 677
-
-
total
-
12 677
-
-
Income
68 500
68 500
68 500
68 500
Total tax
45 143
32 417
35 560
31 757
After tax
23 357
36 083
32 940
36 743
Living cost
40 476
40 476
40 476
40 476
Free-cash
-17 119
-4 393
-7 536
-3 733

Estimated living cost  is ₽40476 per week

₽28432
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2784
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽611
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8648
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rome model

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