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
₽ 69500
per

Your estimated
City
free-cash

Dresden , Germany
₽4661
₽15830
₽18071
₽21627
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
69 500
trade
-
-
-
3 556
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.

-
-
-
9 870
health

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

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

-
-
-
6 894
surtax

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

-
-
-
542
total
-
-
-
20 862
Employee

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

38 599
-
69 500
-
health

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

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

6 894
-
6 894
-
surtax

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

59
-
542
-
income

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

1 078
-
9 870
-
total
8 031
-
17 306
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
30 901
69 500
-
-
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.

255
573
-
-
income
4 635
10 426
-
-
trade
4 866
10 947
-
-
chamber of commerce
197
253
-
-
total
9 953
22 199
-
-
Dividends
20 948
47 302
-
-
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.

266
630
-
-
withholding
4 853
11 443
-
-
total
5 119
12 073
-
-
Income
69 500
69 500
69 500
69 500
Total tax
23 103
34 272
17 306
20 862
After tax
46 397
35 228
52 194
48 638
Living cost
30 567
30 567
30 567
30 567
Free-cash
15 830
4 661
21 627
18 071

Estimated living cost  is ₽30567 per week

₽19228
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3564
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽571
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7205
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽7626
-₽16724
-₽8048
-₽7503
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
69 500
municipal
-
-
-
6 851
pensions
-
-
-
8 340
national
-
-
-
10 616
social contributions
-
-
-
747
total
-
-
-
26 554
Employee
79 050
-
60 082
-
municipal
9 764
-
7 120
-
pensions
3 162
-
2 403
-
national
15 130
-
11 033
-
total
28 056
-
20 556
-
Employer
79 050
-
60 082
-
social contributions
850
-
646
-
pensions
6 324
-
4 807
-
total
7 174
-
5 453
-
Corporate
-
69 500
-
-
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%.

-
13 900
-
-
total
-
13 900
-
-
Dividends
-
55 600
-
-
withholding
-
12 232
-
-
total
-
12 232
-
-
Income
69 500
69 500
69 500
69 500
Total tax
35 230
26 132
26 009
26 554
After tax
34 270
43 368
43 491
42 946
Living cost
50 994
50 994
50 994
50 994
Free-cash
-16 724
-7 626
-7 503
-8 048

Estimated living cost  is ₽50994 per week

₽34660
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4740
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽763
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10830
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

It is very difficult to get a residence permit on a basis of self-employment for a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit). EU/EFTA nationals and long-term EU resident permit holders can register self-employed and apply for a permanent residence.

Source of data for Reykjavik model

Close
Riga , Latvia
₽34605
₽26327
₽34902
₽18536
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
69 500
microenterprise
-
-
-
10 426
income
-
-
-
-
surtax
-
-
-
-
social contributions

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

-
-
-
3 177
total
-
-
-
13 603
Employee
29 489
-
56 008
-
social contributions

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

3 244
-
6 161
-
surtax
-
-
-
-
income
5 249
-
10 316
-
total
8 493
-
16 477
-
Employer
29 489
-
56 008
-
social contributions

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

7 103
-
13 492
-
surtax
-
-
-
-
total
7 103
-
13 492
-
Corporate
32 908
69 500
-
-
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%.

6 582
13 900
-
-
total
6 582
13 900
-
-
Dividends

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

26 326
55 600
-
-
total
-
-
-
-
Income
69 500
69 500
69 500
69 500
Total tax
22 178
13 900
29 969
13 603
After tax
47 322
55 600
39 531
55 897
Living cost
20 995
20 995
20 995
20 995
Free-cash
26 327
34 605
18 536
34 902

Estimated living cost  is ₽20995 per week

₽13394
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1999
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5125
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Riga model

Close
Rotterdam , Netherlands
-₽25047
-₽30712
-₽2651
-₽30712
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
69 500
income
-
-
-
7 750
pensions
-
-
-
11 824
health
-
-
-
10 301
total
-
-
-
29 875
Employee
86 180
86 180
86 180
-
health
13 228
11 251
13 228
-
income

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

14 106
14 106
14 106
-
pensions
15 512
11 824
15 512
-
total
42 846
37 181
42 846
-
Employer
86 180
86 180
86 180
-
unemployment
3 102
3 102
3 102
-
pensions
5 998
5 998
5 998
-
health
5 990
5 990
5 990
-
total
15 090
15 090
15 090
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
69 500
69 500
69 500
69 500
Total tax
57 936
52 271
57 936
29 875
After tax
11 564
17 229
11 564
39 625
Living cost
42 276
42 276
42 276
42 276
Free-cash
-30 712
-25 047
-30 712
-2 651

Estimated living cost  is ₽42276 per week

₽29960
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3811
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽672
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7833
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽1045
-₽3517
-₽4348
-₽1878
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
69 500
municipal
-
-
-
14 721
accident
-
-
-
139
pensions
-
-
-
7 513
other
-
-
-
8 076
unemployment
-
-
-
70
health
-
-
-
4 337
national
-
-
-
-
total
-
-
-
34 856
Employee
55 560
-
52 884
-
municipal
16 568
-
15 770
-
national
-
-
-
-
total
16 568
-
15 770
-
Employer
55 560
-
52 884
-
accident
111
-
106
-
other
6 456
-
6 145
-
unemployment
1 467
-
1 396
-
pensions
6 006
-
5 717
-
health
3 417
-
3 252
-
total
17 457
-
16 616
-
Corporate
-
69 500
-
-
income
-
15 290
-
-
total
-
15 290
-
-
Dividends
-
54 210
-
-
withholding
-
16 263
-
-
total
-
16 263
-
-
Income
69 500
69 500
69 500
69 500
Total tax
34 025
31 553
32 386
34 856
After tax
35 475
37 947
37 114
34 644
Living cost
38 992
38 992
38 992
38 992
Free-cash
-3 517
-1 045
-1 878
-4 348

Estimated living cost  is ₽38992 per week

₽25842
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3826
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽592
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8731
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Stockholm model

Close
Hamburg , Germany
-₽4772
₽9410
₽8834
₽12549
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
69 500
trade
-
-
-
3 715
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.

-
-
-
9 870
health

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

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

-
-
-
6 894
surtax

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

-
-
-
542
total
-
-
-
21 021
Employee

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

51 178
-
69 500
-
health

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

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

6 894
-
6 894
-
surtax

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

241
-
542
-
income

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

4 397
-
9 870
-
total
11 532
-
17 306
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
18 322
69 500
-
-
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.

151
573
-
-
income
2 748
10 426
-
-
trade
3 014
11 433
-
-
chamber of commerce
180
253
-
-
total
6 093
22 685
-
-
Dividends
12 228
46 815
-
-
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.

147
622
-
-
withholding
2 673
11 320
-
-
total
2 820
11 942
-
-
Income
69 500
69 500
69 500
69 500
Total tax
20 445
34 627
17 306
21 021
After tax
49 055
34 873
52 194
48 479
Living cost
39 645
39 645
39 645
39 645
Free-cash
9 410
-4 772
12 549
8 834

Estimated living cost  is ₽39645 per week

₽26515
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4181
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.
₽8358
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽13945
₽14135
₽20083
₽16439
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
69 500
income
-
-
-
4 072
health
-
-
-
1 771
social contributions
-
-
-
10 841
total
-
-
-
16 684
Employee
77 601
77 601
77 601
-
social contributions
3 771
6 441
5 236
-
health
772
1 320
1 072
-
income
8 149
7 184
7 618
-
total
12 692
14 945
13 926
-
Employer
77 601
77 601
77 601
-
social contributions
3 771
6 441
5 236
-
health
841
1 436
1 166
-
total
4 612
7 877
6 402
-
Corporate
19 464
-
-
-
income
2 432
-
-
-
total
2 432
-
-
-
Dividends
17 032
-
-
-
withholding
2 896
-
-
-
total
2 896
-
-
-
Income
69 500
69 500
69 500
69 500
Total tax
22 632
22 822
20 328
16 684
After tax
46 868
46 678
49 172
52 816
Living cost
32 733
32 733
32 733
32 733
Free-cash
14 135
13 945
16 439
20 083

Estimated living cost  is ₽32733 per week

₽22376
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2557
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽550
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7251
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽20933
₽21314
₽29811
₽21954
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
69 500
income
-
-
-
8 496
pensions
-
-
-
6 950
unemployment
-
-
-
1 042
health
-
-
-
4 865
total
-
-
-
21 353
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.

26 469
10 534
58 159
-
health
1 853
737
4 071
-
income
3 236
1 288
7 110
-
pensions
2 647
1 053
5 816
-
unemployment
397
158
872
-
total
8 133
3 236
17 869
-
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.

26 469
10 534
58 159
-
pensions
5 161
2 054
11 341
-
total
5 161
2 054
11 341
-
Corporate
37 870
56 912
-
-
income
3 408
5 122
-
-
total
3 408
5 122
-
-
Dividends
34 462
51 790
-
-
social contributions
6 600
9 979
-
-
withholding
6 548
9 840
-
-
total
13 148
19 819
-
-
Income
69 500
69 500
69 500
69 500
Total tax
29 850
30 231
29 210
21 353
After tax
39 650
39 269
40 290
48 147
Living cost
18 336
18 336
18 336
18 336
Free-cash
21 314
20 933
21 954
29 811

Estimated living cost  is ₽18336 per week

₽12513
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1500
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽366
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3957
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽31225
₽24955
₽13065
₽15684
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
69 500
income
-
-
-
9 124
pensions
-
-
-
13 900
health
-
-
-
9 036
total
-
-
-
32 060
Employee
28 629
-
51 942
-
income
3 223
-
10 014
-
pensions
573
-
1 038
-
unemployment
458
-
831
-
total
4 254
-
11 883
-
Employer
28 629
-
51 942
-
unemployment
230
-
416
-
pensions
5 726
-
10 389
-
health
3 721
-
6 753
-
total
9 677
-
17 558
-
Corporate
31 194
69 500
-
-
income
6 239
13 900
-
-
total
6 239
13 900
-
-
Dividends
24 955
55 600
-
-
total
-
-
-
-
Income
69 500
69 500
69 500
69 500
Total tax
20 170
13 900
29 441
32 060
After tax
49 330
55 600
40 059
37 440
Living cost
24 375
24 375
24 375
24 375
Free-cash
24 955
31 225
15 684
13 065

Estimated living cost  is ₽24375 per week

₽16719
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1452
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽490
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5715
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽16443
₽2243
₽25825
₽13661
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
69 500
accident
-
-
-
253
income
-
-
-
14 616
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
21 603
Employee
34 721
-
57 734
-
health
3 975
-
6 610
-
income
4 763
-
8 891
-
pensions
3 910
-
6 501
-
total
12 648
-
22 002
-
Employer
34 721
-
57 734
-
accident
580
-
964
-
unemployment
851
-
1 414
-
pensions
5 646
-
9 387
-
total
7 077
-
11 765
-
Corporate
27 703
69 500
-
-
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.

24 933
62 550
-
-
total
24 933
62 550
-
-
Dividends
2 770
6 950
-
-
withholding
527
1 321
-
-
total
527
1 321
-
-
Income
69 500
69 500
69 500
69 500
Total tax
45 185
63 871
33 767
21 603
After tax
24 315
5 629
35 733
47 897
Living cost
22 072
22 072
22 072
22 072
Free-cash
2 243
-16 443
13 661
25 825

Estimated living cost  is ₽22072 per week

₽16177
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1223
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽461
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4212
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Gdansk model

Close
Batumi , Georgia
₽56945
₽55243
₽59725
₽46520
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
69 500
microenterprise

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

-
-
-
695
total
-
-
-
695
Employee
11 349
-
69 500
-
income
2 270
-
13 900
-
total
2 270
-
13 900
-
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%.

58 151
69 500
-
-
total
-
-
-
-
Dividends
58 151
69 500
-
-
withholding
2 907
3 475
-
-
total
2 907
3 475
-
-
Income
69 500
69 500
69 500
69 500
Total tax
5 177
3 475
13 900
695
After tax
64 323
66 025
55 600
68 805
Living cost
9 080
9 080
9 080
9 080
Free-cash
55 243
56 945
46 520
59 725

Estimated living cost  is ₽9080 per week

₽5627
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽755
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽250
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2448
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Batumi model

Close
Bratislava , Slovakia
₽24170
₽17357
₽10743
₽13845
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
69 500
income
-
-
-
8 827
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.

-
-
-
16 679
other
-
-
-
3 302
health
-
-
-
3 058
total
-
-
-
31 866
Employee
36 642
-
55 510
-
health
513
-
778
-
income
6 308
-
9 555
-
pensions

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

2 564
-
3 886
-
unemployment
366
-
555
-
total
9 751
-
14 774
-
Employer
36 642
-
55 510
-
accident
293
-
444
-
other
1 833
-
2 775
-
unemployment
366
-
555
-
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.

6 230
-
9 438
-
health
513
-
778
-
total
9 235
-
13 990
-
Corporate
23 623
69 500
-
-
income
4 960
14 595
-
-
total
4 960
14 595
-
-
Dividends
18 663
54 905
-
-
withholding
1 306
3 844
-
-
total
1 306
3 844
-
-
Income
69 500
69 500
69 500
69 500
Total tax
25 252
18 439
28 764
31 866
After tax
44 248
51 061
40 736
37 634
Living cost
26 891
26 891
26 891
26 891
Free-cash
17 357
24 170
13 845
10 743

Estimated living cost  is ₽26891 per week

₽19000
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1816
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽433
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5642
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Bratislava model

Close
London , United Kingdom
-₽15653
-₽39456
-₽15778
-₽23178
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
69 500
income
-
-
-
12 987
pensions
-
-
-
4 565
total
-
-
-
17 552
Employee
95 822
-
61 719
-
health
1 579
-
881
-
income
17 273
-
11 138
-
pensions
9 244
-
5 152
-
total
28 096
-
17 171
-
Employer
95 822
-
61 719
-
pensions
11 314
-
6 608
-
health
1 820
-
1 173
-
total
13 134
-
7 781
-
Corporate
-
69 500
-
-
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.

-
13 205
-
-
total
-
13 205
-
-
Dividends
-
56 295
-
-
withholding
-
4 222
-
-
total
-
4 222
-
-
Income
69 500
69 500
69 500
69 500
Total tax
41 230
17 427
24 952
17 552
After tax
28 270
52 073
44 548
51 948
Living cost
67 726
67 726
67 726
67 726
Free-cash
-39 456
-15 653
-23 178
-15 778

Estimated living cost  is ₽67726 per week

₽50749
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7957
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽551
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8470
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

The only visa which will gain you entry to the UK as a freelancer is Tier 1 (with an exception of EU nationals or long-term UK residence permit holders, up until Brexit). There are two Tier 1 visa pathways.

You can either apply for an Entrepreneur visa which requires an investment of at least £200000 and creating two full time jobs, or choose an Exceptional Talent visa, which has no financial requirements but is more difficult to obtain.

Source of data for London model

Close
Varna , Bulgaria
₽46184
₽41493
₽36419
₽37975
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
69 500
income
-
-
-
10 425
pensions

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

-
-
-
5 220
unemployment
-
-
-
141
health
-
-
-
4 056
total
-
-
-
19 842
Employee
17 531
-
62 580
-
health
806
-
1 622
-
accident

We are using the highest rate at 1.1%.

193
-
388
-
income
1 753
-
6 258
-
pensions

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

1 539
-
3 097
-
total
4 291
-
11 365
-
Employer
17 531
-
62 580
-
accident

We are using the highest rate at 1.1%.

193
-
388
-
unemployment
105
-
212
-
pensions

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

1 932
-
3 887
-
health
1 210
-
2 434
-
total
3 440
-
6 921
-
Corporate
48 529
69 500
-
-
income
4 853
6 950
-
-
total
4 853
6 950
-
-
Dividends
43 676
62 550
-
-
withholding
2 184
3 127
-
-
total
2 184
3 127
-
-
Income
69 500
69 500
69 500
69 500
Total tax
14 768
10 077
18 286
19 842
After tax
54 732
59 423
51 214
49 658
Living cost
13 239
13 239
13 239
13 239
Free-cash
41 493
46 184
37 975
36 419

Estimated living cost  is ₽13239 per week

₽7729
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽945
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽351
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4214
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Varna model

Close
Amsterdam , Netherlands
-₽38732
-₽40446
-₽16336
-₽44397
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
69 500
income
-
-
-
7 750
pensions
-
-
-
11 824
health
-
-
-
10 301
total
-
-
-
29 875
Employee
93 564
86 180
86 180
-
health
11 673
11 251
13 228
-
income

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

14 106
14 106
14 106
-
pensions
11 824
11 824
15 512
-
total
37 603
37 181
42 846
-
Employer
93 564
86 180
86 180
-
unemployment
3 369
3 102
3 102
-
pensions
6 511
5 998
5 998
-
health
6 502
5 990
5 990
-
total
16 382
15 090
15 090
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
69 500
69 500
69 500
69 500
Total tax
53 985
52 271
57 936
29 875
After tax
15 515
17 229
11 564
39 625
Living cost
55 961
55 961
55 961
55 961
Free-cash
-40 446
-38 732
-44 397
-16 336

Estimated living cost  is ₽55961 per week

₽41280
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4998
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽642
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9041
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Amsterdam model

Close
Brno , Czech Republic
₽23680
₽15058
₽9678
₽11098
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
69 500
income
-
-
-
5 974
health
-
-
-
9 383
solidarity contribution
-
-
-
-
social contributions
-
-
-
20 294
total
-
-
-
35 651
Employee
35 546
-
51 866
-
social contributions
2 310
-
3 371
-
health
4 799
-
7 002
-
solidarity contribution
-
-
-
-
income
4 265
-
6 224
-
total
11 374
-
16 597
-
Employer
35 546
-
51 866
-
social contributions
8 886
-
12 966
-
health
3 199
-
4 668
-
total
12 085
-
17 634
-
Corporate
21 869
69 500
-
-
income
4 155
13 205
-
-
total
4 155
13 205
-
-
Dividends
17 714
56 295
-
-
withholding
2 657
8 444
-
-
total
2 657
8 444
-
-
Income
69 500
69 500
69 500
69 500
Total tax
30 271
21 649
34 231
35 651
After tax
39 229
47 851
35 269
33 849
Living cost
24 171
24 171
24 171
24 171
Free-cash
15 058
23 680
11 098
9 678

Estimated living cost  is ₽24171 per week

₽16789
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1720
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.
₽5187
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽5504
-₽20189
-₽4878
-₽8802
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
69 500
municipal
-
-
-
414
regional
-
-
-
715
national
-
-
-
12 789
social contributions
-
-
-
17 876
total
-
-
-
31 794
Employee
89 690
-
69 500
-
social contributions
30 243
-
23 435
-
regional
846
-
627
-
municipal
475
-
368
-
national
15 541
-
11 288
-
total
47 105
-
35 718
-
Employer
89 690
-
69 500
-
total
-
-
-
-
Corporate
-
69 500
-
-
nationa
-
16 681
-
-
municipal
-
2 710
-
-
total
-
19 391
-
-
Dividends
-
50 109
-
-
withholding
-
13 029
-
-
total
-
13 029
-
-
Income
69 500
69 500
69 500
69 500
Total tax
47 105
32 420
35 718
31 794
After tax
22 395
37 080
33 782
37 706
Living cost
42 584
42 584
42 584
42 584
Free-cash
-20 189
-5 504
-8 802
-4 878

Estimated living cost  is ₽42584 per week

₽29684
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2792
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽653
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9453
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽21448
₽18305
₽16043
₽14520
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
69 500
income
-
-
-
11 179
pensions
-
-
-
13 900
other
-
-
-
-
unemployment
-
-
-
230
health
-
-
-
4 935
surtax
-
-
-
944
total
-
-
-
31 188
Employee
33 373
-
57 416
-
other
-
-
-
-
health
852
-
1 465
-
surtax
109
-
827
-
income
5 594
-
10 508
-
pensions
2 225
-
3 830
-
unemployment
2 323
-
3 997
-
total
11 103
-
20 627
-
Employer
33 373
-
57 416
-
other
-
-
-
-
unemployment
1 057
-
1 819
-
pensions
4 449
-
7 653
-
health
1 519
-
2 612
-
total
7 025
-
12 084
-
Corporate
29 102
69 500
-
-
income
7 567
18 069
-
-
total
7 567
18 069
-
-
Dividends
21 536
51 431
-
-
withholding
3 231
7 714
-
-
total
3 231
7 714
-
-
Income
69 500
69 500
69 500
69 500
Total tax
28 926
25 783
32 711
31 188
After tax
40 574
43 717
36 789
38 312
Living cost
22 269
22 269
22 269
22 269
Free-cash
18 305
21 448
14 520
16 043

Estimated living cost  is ₽22269 per week

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

Source of data for Thessaloniki model

Close
Cambridge , United Kingdom
₽5804
-₽2890
₽5679
-₽1721
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
69 500
income
-
-
-
12 987
pensions
-
-
-
4 565
total
-
-
-
17 552
Employee
64 218
-
61 719
-
health
932
-
881
-
income
11 566
-
11 138
-
pensions
5 451
-
5 152
-
total
17 949
-
17 171
-
Employer
64 218
-
61 719
-
pensions
6 952
-
6 608
-
health
1 220
-
1 173
-
total
8 172
-
7 781
-
Corporate
-
69 500
-
-
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.

-
13 205
-
-
total
-
13 205
-
-
Dividends
-
56 295
-
-
withholding
-
4 222
-
-
total
-
4 222
-
-
Income
69 500
69 500
69 500
69 500
Total tax
26 121
17 427
24 952
17 552
After tax
43 379
52 073
44 548
51 948
Living cost
46 269
46 269
46 269
46 269
Free-cash
-2 890
5 804
-1 721
5 679

Estimated living cost  is ₽46269 per week

₽34664
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3468
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽484
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7652
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽44492
-₽28264
-₽17602
-₽21170
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
69 500
city
-
-
-
731
pensions
-
-
-
6 394
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.

-
-
-
1 391
regional
-
-
-
1 808
health
-
-
-
249
national
-
-
-
255
total
-
-
-
10 828
Employee
89 260
-
62 209
-
city
958
-
668
-
regional
2 923
-
1 542
-
health
202
-
139
-
pensions
7 499
-
5 225
-
unemployment
-
-
-
-
national
422
-
214
-
total
12 004
-
7 788
-
Employer
89 260
-
62 209
-
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.

1 785
-
1 244
-
unemployment
-
-
-
-
pensions
7 499
-
5 225
-
health
202
-
139
-
total
9 486
-
6 608
-
Corporate
-
69 500
-
-
regional
-
14 698
-
-
national
-
5 908
-
-
total
-
20 606
-
-
Dividends
-
48 893
-
-
withholding
-
17 112
-
-
total
-
17 112
-
-
Income
69 500
69 500
69 500
69 500
Total tax
21 490
37 718
14 396
10 828
After tax
48 010
31 782
55 104
58 672
Living cost
76 274
76 274
76 274
76 274
Free-cash
-28 264
-44 492
-21 170
-17 602

Estimated living cost  is ₽76274 per week

₽49600
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6845
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽936
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18893
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽11718
₽4650
₽2091
₽5963
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
69 500
trade
-
-
-
3 872
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.

-
-
-
9 870
health

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

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

-
-
-
6 894
surtax

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

-
-
-
542
total
-
-
-
21 178
Employee

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

60 650
-
69 500
-
health

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

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

6 894
-
6 894
-
surtax

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

393
-
542
-
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.

7 132
-
9 870
-
total
14 419
-
17 306
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
8 850
69 500
-
-
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.

73
573
-
-
income
1 327
10 426
-
-
trade
1 519
11 920
-
-
chamber of commerce
167
251
-
-
total
3 086
23 170
-
-
Dividends
5 765
46 331
-
-
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.

57
617
-
-
withholding
1 057
11 200
-
-
total
1 114
11 817
-
-
Income
69 500
69 500
69 500
69 500
Total tax
18 619
34 987
17 306
21 178
After tax
50 881
34 513
52 194
48 322
Living cost
46 231
46 231
46 231
46 231
Free-cash
4 650
-11 718
5 963
2 091

Estimated living cost  is ₽46231 per week

₽33765
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3698
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽601
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8168
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽500
₽6463
₽6861
₽7208
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
69 500
income
-
-
-
3 687
pensions
-
-
-
19 689
other
-
-
-
2 155
health
-
-
-
601
surtax
-
-
-
-
social contributions
-
-
-
1 980
total
-
-
-
28 112
Employee
43 191
-
52 961
-
social contributions
1 231
-
1 509
-
surtax
-
-
-
-
income
2 549
-
3 729
-
pensions
4 884
-
5 990
-
total
8 664
-
11 228
-
Employer
43 191
-
52 961
-
other
1 490
-
1 827
-
social contributions
130
-
159
-
unemployment
1 748
-
2 145
-
pensions
7 095
-
8 698
-
health
3 024
-
3 708
-
total
13 487
-
16 537
-
Corporate
12 820
69 500
-
-
surtax
-
-
-
-
income
3 589
19 459
-
-
total
3 589
19 459
-
-
Dividends
9 231
50 041
-
-
surtax
-
-
-
-
social contributions
1 588
8 608
-
-
withholding
1 182
6 406
-
-
total
2 770
15 014
-
-
Income
69 500
69 500
69 500
69 500
Total tax
28 510
34 473
27 765
28 112
After tax
40 990
35 027
41 735
41 388
Living cost
34 527
34 527
34 527
34 527
Free-cash
6 463
500
7 208
6 861

Estimated living cost  is ₽34527 per week

₽21771
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2808
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.
₽9363
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽3920
₽9527
₽10281
₽10628
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
69 500
income
-
-
-
3 687
pensions
-
-
-
19 689
other
-
-
-
2 155
health
-
-
-
601
surtax
-
-
-
-
social contributions
-
-
-
1 980
total
-
-
-
28 112
Employee
38 554
-
52 961
-
social contributions
1 099
-
1 509
-
surtax
-
-
-
-
income
1 988
-
3 729
-
pensions
4 361
-
5 990
-
total
7 448
-
11 228
-
Employer
38 554
-
52 961
-
other
1 331
-
1 827
-
social contributions
115
-
159
-
unemployment
1 561
-
2 145
-
pensions
6 335
-
8 698
-
health
2 698
-
3 708
-
total
12 040
-
16 537
-
Corporate
18 905
69 500
-
-
surtax
-
-
-
-
income
5 293
19 459
-
-
total
5 293
19 459
-
-
Dividends
13 612
50 041
-
-
surtax
-
-
-
-
social contributions
2 342
8 608
-
-
withholding
1 743
6 406
-
-
total
4 085
15 014
-
-
Income
69 500
69 500
69 500
69 500
Total tax
28 866
34 473
27 765
28 112
After tax
40 634
35 027
41 735
41 388
Living cost
31 107
31 107
31 107
31 107
Free-cash
9 527
3 920
10 628
10 281

Estimated living cost  is ₽31107 per week

₽18040
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3160
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽590
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9317
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽21002
₽21527
₽23233
₽19836
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
69 500
income
-
-
-
10 426
health
-
-
-
4 851
social contributions
-
-
-
9 591
total
-
-
-
24 868
Employee
34 217
-
69 500
-
social contributions
4 723
-
9 591
-
health
2 388
-
4 851
-
income
5 707
-
13 823
-
total
12 818
-
28 265
-
Employer
34 217
-
69 500
-
total
-
-
-
-
Corporate
35 283
69 500
-
-
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%.

1 764
3 476
-
-
total
1 764
3 476
-
-
Dividends
33 519
66 024
-
-
health
2 340
4 608
-
-
social contributions
4 625
9 112
-
-
withholding
5 027
9 903
-
-
total
11 992
23 623
-
-
Income
69 500
69 500
69 500
69 500
Total tax
26 574
27 099
28 265
24 868
After tax
42 926
42 401
41 235
44 632
Living cost
21 399
21 399
21 399
21 399
Free-cash
21 527
21 002
19 836
23 233

Estimated living cost  is ₽21399 per week

₽14321
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1320
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽492
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5265
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽3927
₽2366
₽2015
-₽10695
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
69 500
chamber of commerce
-
-
-
278
income
-
-
-
7 084
pensions
-
-
-
12 858
unemployment
-
-
-
6 190
health
-
-
-
5 316
surtax
-
-
-
199
total
-
-
-
31 925
Employee
50 434
40 217
53 813
-
other
504
402
538
-
health
1 952
1 557
2 082
-
income
5 742
2 967
6 711
-
pensions
5 165
4 117
5 510
-
unemployment
1 513
1 207
1 614
-
total
14 876
10 250
16 455
-
Employer
50 434
40 217
53 813
-
accident
655
523
699
-
other
2 396
1 909
2 557
-
chamber of commerce
201
161
214
-
unemployment
1 513
1 207
1 614
-
surtax
199
199
199
-
pensions
6 329
5 048
6 753
-
payroll
1 513
1 207
1 614
-
health
1 906
1 521
2 034
-
total
14 712
11 775
15 684
-
Corporate
4 354
17 509
49 985
-
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.

1 088
4 378
12 496
-
total
1 088
4 378
12 496
-
Dividends
3 266
13 131
-
-
withholding
898
3 610
-
-
total
898
3 610
-
-
Income
69 500
69 500
69 500
69 500
Total tax
31 574
30 013
44 635
31 925
After tax
37 926
39 487
24 865
37 575
Living cost
35 560
35 560
35 560
35 560
Free-cash
2 366
3 927
-10 695
2 015

Estimated living cost  is ₽35560 per week

₽23717
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3034
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽584
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8225
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

As a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit), you can apply for permanent residence when your business creates macroeconomic benefit. This could be an investment starting from €100,000, creating new jobs or securing existing ones, or making a substantial contribution to the region's economy. You can also be considered with a transfer of know-how to Austria or an evident commitment to develop an innovative product or technology.

Source of data for Vienna model

Close
Brussels , Belgium
₽2297
-₽23699
-₽1175
-₽7821
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
69 500
national
-
-
-
21 113
communal

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

-
-
-
3 621
social contributions
-
-
-
9 145
total
-
-
-
33 879
Employee

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

72 187
-
53 831
-
communal

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

3 765
-
2 808
-
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.

3 392
-
2 530
-
pensions

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

5 414
-
4 037
-
unemployment

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

628
-
469
-
national
22 193
-
15 012
-
total
35 392
-
24 856
-
Employer

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

72 187
-
53 831
-
accident

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

938
-
699
-
unemployment

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

1 053
-
785
-
surtax
8 185
-
6 105
-
pensions

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

6 396
-
4 769
-
health

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

4 439
-
3 311
-
total
21 011
-
15 669
-
Corporate
-
69 500
-
-
surtax
-
278
-
-
income
-
13 900
-
-
total
-
14 178
-
-
Dividends
-
55 322
-
-
withholding

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

-
16 229
-
-
total
-
16 229
-
-
Income
69 500
69 500
69 500
69 500
Total tax
56 403
30 407
40 525
33 879
After tax
13 097
39 093
28 975
35 621
Living cost
36 796
36 796
36 796
36 796
Free-cash
-23 699
2 297
-7 821
-1 175

Estimated living cost  is ₽36796 per week

₽23701
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3217
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽576
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9302
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽10452
₽2239
₽1123
₽1614
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
69 500
accident
-
-
-
626
income
-
-
-
11 082
pensions
-
-
-
19 668
other
-
-
-
69
unemployment
-
-
-
486
total
-
-
-
31 931
Employee
50 235
-
52 699
-
other
50
-
54
-
income
10 599
-
11 292
-
pensions
2 361
-
2 476
-
unemployment
779
-
818
-
total
13 789
-
14 640
-
Employer
50 235
-
52 699
-
accident
994
-
1 044
-
other
400
-
421
-
unemployment
2 764
-
2 898
-
pensions
11 855
-
12 437
-
total
16 013
-
16 800
-
Corporate
3 253
69 500
-
-
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.

488
10 426
-
-
total
488
10 426
-
-
Dividends
2 765
59 074
-
-
withholding
525
12 176
-
-
total
525
12 176
-
-
Income
69 500
69 500
69 500
69 500
Total tax
30 815
22 602
31 440
31 931
After tax
38 685
46 898
38 060
37 569
Living cost
36 446
36 446
36 446
36 446
Free-cash
2 239
10 452
1 614
1 123

Estimated living cost  is ₽36446 per week

₽26838
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2585
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6496
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Barcelona model

Close
Luxembourg , Luxembourg
-₽11553
-₽16055
-₽9933
-₽8614
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
69 500
accident
-
-
-
626
income
-
-
-
3 955
pensions
-
-
-
11 119
health
-
-
-
5 211
surtax
-
-
-
3 679
communal
-
-
-
-
total
-
-
-
24 590
Employee
76 425
-
62 081
-
health
3 401
-
2 764
-
surtax
4 684
-
3 805
-
income
7 382
-
4 317
-
pensions
6 113
-
4 966
-
total
21 580
-
15 852
-
Employer
76 425
-
62 081
-
accident
688
-
559
-
pensions
6 113
-
4 966
-
health
2 331
-
1 894
-
total
9 132
-
7 419
-
Corporate
-
69 500
-
-
surtax
-
730
-
-
communal
-
4 692
-
-
income
-
10 426
-
-
total
-
15 848
-
-
Dividends
-
53 652
-
-
income
-
2 315
-
-
withholding
-
8 047
-
-
total
-
10 362
-
-
Income
69 500
69 500
69 500
69 500
Total tax
30 712
26 210
23 271
24 590
After tax
38 788
43 290
46 229
44 910
Living cost
54 843
54 843
54 843
54 843
Free-cash
-16 055
-11 553
-8 614
-9 933

Estimated living cost  is ₽54843 per week

₽41140
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3323
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽580
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9798
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽21050
₽17840
₽15645
₽14122
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
69 500
income
-
-
-
11 179
pensions
-
-
-
13 900
other
-
-
-
-
unemployment
-
-
-
230
health
-
-
-
4 935
surtax
-
-
-
944
total
-
-
-
31 188
Employee
33 986
-
57 416
-
other
-
-
-
-
health
868
-
1 465
-
surtax
121
-
827
-
income
5 697
-
10 508
-
pensions
2 267
-
3 830
-
unemployment
2 365
-
3 997
-
total
11 318
-
20 627
-
Employer
33 986
-
57 416
-
other
-
-
-
-
unemployment
1 078
-
1 819
-
pensions
4 531
-
7 653
-
health
1 545
-
2 612
-
total
7 154
-
12 084
-
Corporate
28 359
69 500
-
-
income
7 373
18 069
-
-
total
7 373
18 069
-
-
Dividends
20 986
51 431
-
-
withholding
3 148
7 714
-
-
total
3 148
7 714
-
-
Income
69 500
69 500
69 500
69 500
Total tax
28 993
25 783
32 711
31 188
After tax
40 507
43 717
36 789
38 312
Living cost
22 667
22 667
22 667
22 667
Free-cash
17 840
21 050
14 122
15 645

Estimated living cost  is ₽22667 per week

₽13685
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1971
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽527
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6486
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Athens model

Close
Naples , Italy
₽9344
₽7105
₽10187
₽6288
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
69 500
municipal
-
-
-
414
regional
-
-
-
1 049
national
-
-
-
12 789
social contributions
-
-
-
17 876
total
-
-
-
32 128
Employee
55 981
-
69 500
-
social contributions
18 877
-
23 435
-
regional
754
-
936
-
municipal
297
-
368
-
national
8 869
-
11 288
-
total
28 797
-
36 027
-
Employer
55 981
-
69 500
-
total
-
-
-
-
Corporate
13 519
69 500
-
-
nationa
3 244
16 681
-
-
municipal
672
3 455
-
-
total
3 916
20 136
-
-
Dividends
9 603
49 364
-
-
withholding
2 497
12 835
-
-
total
2 497
12 835
-
-
Income
69 500
69 500
69 500
69 500
Total tax
35 210
32 971
36 027
32 128
After tax
34 290
36 529
33 473
37 372
Living cost
27 185
27 185
27 185
27 185
Free-cash
7 105
9 344
6 288
10 187

Estimated living cost  is ₽27185 per week

₽16907
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2754
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽465
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7059
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Naples model

Close
Prague , Czech Republic
₽18066
₽7441
₽4064
₽5484
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
69 500
income
-
-
-
5 974
health
-
-
-
9 383
solidarity contribution
-
-
-
-
social contributions
-
-
-
20 294
total
-
-
-
35 651
Employee
43 801
-
51 866
-
social contributions
2 847
-
3 371
-
health
5 913
-
7 002
-
solidarity contribution
-
-
-
-
income
5 256
-
6 224
-
total
14 016
-
16 597
-
Employer
43 801
-
51 866
-
social contributions
10 950
-
12 966
-
health
3 942
-
4 668
-
total
14 892
-
17 634
-
Corporate
10 806
69 500
-
-
income
2 053
13 205
-
-
total
2 053
13 205
-
-
Dividends
8 753
56 295
-
-
withholding
1 313
8 444
-
-
total
1 313
8 444
-
-
Income
69 500
69 500
69 500
69 500
Total tax
32 274
21 649
34 231
35 651
After tax
37 226
47 851
35 269
33 849
Living cost
29 785
29 785
29 785
29 785
Free-cash
7 441
18 066
5 484
4 064

Estimated living cost  is ₽29785 per week

₽22150
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1650
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽515
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5470
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽7397
₽6900
₽5577
-₽7291
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
69 500
chamber of commerce
-
-
-
278
income
-
-
-
7 084
pensions
-
-
-
12 858
unemployment
-
-
-
6 190
health
-
-
-
5 316
surtax
-
-
-
-
total
-
-
-
31 726
Employee
44 114
40 217
53 968
-
other
440
402
540
-
health
1 706
1 557
2 089
-
income
3 930
2 967
6 755
-
pensions
4 518
4 117
5 527
-
unemployment
1 323
1 207
1 618
-
total
11 917
10 250
16 529
-
Employer
44 114
40 217
53 968
-
accident
573
523
701
-
other
2 095
1 909
2 564
-
chamber of commerce
176
161
216
-
unemployment
1 323
1 207
1 618
-
surtax
-
-
-
-
pensions
5 537
5 048
6 774
-
payroll
1 323
1 207
1 618
-
health
1 668
1 521
2 040
-
total
12 695
11 576
15 531
-
Corporate
12 690
17 708
50 138
-
income

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

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

3 173
4 428
12 534
-
total
3 173
4 428
12 534
-
Dividends
9 517
13 280
-
-
withholding
2 618
3 652
-
-
total
2 618
3 652
-
-
Income
69 500
69 500
69 500
69 500
Total tax
30 403
29 906
44 594
31 726
After tax
39 097
39 594
24 906
37 774
Living cost
32 197
32 197
32 197
32 197
Free-cash
6 900
7 397
-7 291
5 577

Estimated living cost  is ₽32197 per week

₽19314
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3288
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽9020
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

As a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit), you can apply for permanent residence when your business creates macroeconomic benefit. This could be an investment starting from €100,000, creating new jobs or securing existing ones, or making a substantial contribution to the region's economy. You can also be considered with a transfer of know-how to Austria or an evident commitment to develop an innovative product or technology.

Source of data for Graz model

Close
Tbilisi , Georgia
₽51876
₽49224
₽54656
₽41451
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
69 500
microenterprise

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

-
-
-
695
total
-
-
-
695
Employee
17 686
-
69 500
-
income
3 537
-
13 900
-
total
3 537
-
13 900
-
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%.

51 814
69 500
-
-
total
-
-
-
-
Dividends
51 814
69 500
-
-
withholding
2 590
3 475
-
-
total
2 590
3 475
-
-
Income
69 500
69 500
69 500
69 500
Total tax
6 127
3 475
13 900
695
After tax
63 373
66 025
55 600
68 805
Living cost
14 149
14 149
14 149
14 149
Free-cash
49 224
51 876
41 451
54 656

Estimated living cost  is ₽14149 per week

₽9575
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽594
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽474
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3505
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Tbilisi model

Close
Ljubljana , Slovenia
₽20782
₽12343
₽10266
₽8276
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
69 500
income
-
-
-
12 530
pensions
-
-
-
12 693
unemployment
-
-
-
103
health
-
-
-
6 839
total
-
-
-
32 165
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.

44 626
-
60 137
-
health
2 882
-
3 884
-
income
7 696
-
11 503
-
pensions
6 917
-
9 321
-
unemployment
63
-
84
-
total
17 558
-
24 792
-
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.

44 626
-
60 137
-
unemployment
27
-
36
-
pensions
3 949
-
5 322
-
health
2 972
-
4 005
-
total
6 948
-
9 363
-
Corporate
17 926
69 500
-
-
income
3 405
13 205
-
-
total
3 405
13 205
-
-
Dividends
14 521
56 295
-
-
withholding
2 177
8 444
-
-
total
2 177
8 444
-
-
Income
69 500
69 500
69 500
69 500
Total tax
30 088
21 649
34 155
32 165
After tax
39 412
47 851
35 345
37 335
Living cost
27 069
27 069
27 069
27 069
Free-cash
12 343
20 782
8 276
10 266

Estimated living cost  is ₽27069 per week

₽18577
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1735
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6234
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽1300
-₽81109
₽4446
₽12628
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
69 500
income
-
-
-
13 547
social contributions
-
-
-
7 923
total
-
-
-
21 470
Employee
62 493
-
-
-
social contributions
5 124
-
730
-
income
13 785
-
-
-
total
18 909
-
730
-
Employer
62 493
-
-
-
social contributions
88 116
-
12 558
-
total
88 116
-
12 558
-
Corporate
-
69 500
-
-
income
-
15 290
-
-
total
-
15 290
-
-
Dividends
-
54 210
-
-
income
-
11 926
-
-
total
-
11 926
-
-
Income
69 500
69 500
69 500
69 500
Total tax
107 025
27 216
13 288
21 470
After tax
-37 525
42 284
56 212
48 030
Living cost
43 584
43 584
43 584
43 584
Free-cash
-81 109
-1 300
12 628
4 446

Estimated living cost  is ₽43584 per week

₽28279
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4099
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽555
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10650
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽7877
₽6860
₽8004
₽5595
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
69 500
income
-
-
-
5 690
surtax
-
-
-
-
social contributions

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

-
-
-
24 151
total
-
-
-
29 841
Employee
46 415
-
56 161
-
social contributions
5 106
-
6 178
-
surtax
-
-
-
-
income
9 654
-
12 733
-
total
14 760
-
18 911
-
Employer
46 415
-
56 161
-
social contributions
11 023
-
13 339
-
total
11 023
-
13 339
-
Corporate
12 062
69 500
-
-
surtax
-
-
-
-
income
2 534
14 595
-
-
total
2 534
14 595
-
-
Dividends
9 528
54 905
-
-
withholding
2 668
15 373
-
-
total
2 668
15 373
-
-
Income
69 500
69 500
69 500
69 500
Total tax
30 985
29 968
32 250
29 841
After tax
38 515
39 532
37 250
39 659
Living cost
31 655
31 655
31 655
31 655
Free-cash
6 860
7 877
5 595
8 004

Estimated living cost  is ₽31655 per week

₽23684
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1867
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽529
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5575
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Lisbon model

Close
Paris , France
-₽13715
-₽13448
-₽7354
-₽7007
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
69 500
income
-
-
-
3 687
pensions
-
-
-
19 689
other
-
-
-
2 155
health
-
-
-
601
surtax
-
-
-
-
social contributions
-
-
-
1 980
total
-
-
-
28 112
Employee
63 207
-
52 961
-
social contributions
1 800
-
1 509
-
surtax
-
-
-
-
income
5 515
-
3 729
-
pensions
7 149
-
5 990
-
total
14 464
-
11 228
-
Employer
63 207
-
52 961
-
other
2 181
-
1 827
-
social contributions
190
-
159
-
unemployment
2 561
-
2 145
-
pensions
10 386
-
8 698
-
health
4 424
-
3 708
-
total
19 742
-
16 537
-
Corporate
-
69 500
-
-
surtax
-
-
-
-
income
-
19 459
-
-
total
-
19 459
-
-
Dividends
-
50 041
-
-
surtax
-
-
-
-
social contributions
-
8 608
-
-
withholding
-
6 406
-
-
total
-
15 014
-
-
Income
69 500
69 500
69 500
69 500
Total tax
34 206
34 473
27 765
28 112
After tax
35 294
35 027
41 735
41 388
Living cost
48 742
48 742
48 742
48 742
Free-cash
-13 448
-13 715
-7 007
-7 354

Estimated living cost  is ₽48742 per week

₽32988
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3987
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽668
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11098
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽32214
₽28824
₽23462
₽25409
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
69 500
income
-
-
-
412
social contributions
-
-
-
15 290
total
-
-
-
15 702
Employee
32 444
-
60 173
-
income
-
-
515
-
social contributions
2 109
-
3 913
-
total
2 109
-
4 428
-
Employer
32 444
-
60 173
-
social contributions
5 029
-
9 327
-
total
5 029
-
9 327
-
Corporate
32 027
69 500
-
-
income
3 202
6 950
-
-
total
3 202
6 950
-
-
Dividends
28 825
62 550
-
-
total
-
-
-
-
Income
69 500
69 500
69 500
69 500
Total tax
10 340
6 950
13 755
15 702
After tax
59 160
62 550
55 745
53 798
Living cost
30 336
30 336
30 336
30 336
Free-cash
28 824
32 214
25 409
23 462

Estimated living cost  is ₽30336 per week

₽19615
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2287
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽571
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7863
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Andorra has a limit of 1000 sole-trade resident permits per year, so while it isn't complicated to obtain one, it may get difficult by the end of the term.

Source of data for Andorra model

Close
Copenhagen , Denmark
-₽150473
-₽150473
-₽4251
-₽150473
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
69 500
municipal
-
-
-
11 872
pensions
-
-
-
875
national
-
-
-
6 891
labour market
-
-
-
5 490
total
-
-
-
25 128
Employee
205 227
205 227
205 227
-
labour market
16 395
16 395
16 395
-
national
25 072
25 072
25 072
-
municipal
43 702
43 702
43 702
-
pensions
292
292
292
-
total
85 461
85 461
85 461
-
Employer
205 227
205 227
205 227
-
labour market
16 418
16 418
16 418
-
municipal
43 772
43 772
43 772
-
pensions
583
583
583
-
national
25 116
25 116
25 116
-
total
85 889
85 889
85 889
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
69 500
69 500
69 500
69 500
Total tax
171 350
171 350
171 350
25 128
After tax
-101 850
-101 850
-101 850
44 372
Living cost
48 623
48 623
48 623
48 623
Free-cash
-150 473
-150 473
-150 473
-4 251

Estimated living cost  is ₽48623 per week

₽33278
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4301
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽748
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10296
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽16117
₽2296
₽26151
₽13987
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
69 500
accident
-
-
-
253
income
-
-
-
14 616
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
21 603
Employee
34 209
-
57 734
-
health
3 917
-
6 610
-
income
4 693
-
8 891
-
pensions
3 852
-
6 501
-
total
12 462
-
22 002
-
Employer
34 209
-
57 734
-
accident
571
-
964
-
unemployment
838
-
1 414
-
pensions
5 562
-
9 387
-
total
6 971
-
11 765
-
Corporate
28 320
69 500
-
-
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.

25 487
62 550
-
-
total
25 487
62 550
-
-
Dividends
2 832
6 950
-
-
withholding
538
1 321
-
-
total
538
1 321
-
-
Income
69 500
69 500
69 500
69 500
Total tax
45 458
63 871
33 767
21 603
After tax
24 042
5 629
35 733
47 897
Living cost
21 746
21 746
21 746
21 746
Free-cash
2 296
-16 117
13 987
26 151

Estimated living cost  is ₽21746 per week

₽15829
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1240
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽408
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4269
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Krakow model

Close
Helsinki , Finland
₽8871
₽4420
₽13546
₽3389
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
69 500
municipal
-
-
-
12 393
health
-
-
-
649
national
-
-
-
4 167
total
-
-
-
17 209
Employee
53 095
-
58 467
-
health
396
-
479
-
municipal
8 697
-
9 570
-
pensions
3 583
-
3 947
-
unemployment
797
-
877
-
national
877
-
1 461
-
total
14 350
-
16 334
-
Employer
53 095
-
58 467
-
accident
54
-
59
-
unemployment
345
-
379
-
pensions
9 212
-
10 144
-
health
408
-
450
-
total
10 019
-
11 032
-
Corporate
6 387
69 500
-
-
income
1 277
13 900
-
-
total
1 277
13 900
-
-
Dividends

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

3 832
41 700
-
-
national
-
479
-
-
municipal
689
7 505
-
-
total
689
7 984
-
-
Income
69 500
69 500
69 500
69 500
Total tax
26 335
21 884
27 366
17 209
After tax
43 165
47 616
42 134
52 291
Living cost
38 745
38 745
38 745
38 745
Free-cash
4 420
8 871
3 389
13 546

Estimated living cost  is ₽38745 per week

₽25308
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3727
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽617
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9095
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽23313
₽22197
₽29451
₽25807
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
69 500
income
-
-
-
4 072
health
-
-
-
1 771
social contributions
-
-
-
10 841
total
-
-
-
16 684
Employee
77 601
77 601
77 601
-
social contributions
2 934
6 441
5 236
-
health
601
1 320
1 072
-
income
8 449
7 184
7 618
-
total
11 984
14 945
13 926
-
Employer
77 601
77 601
77 601
-
social contributions
2 934
6 441
5 236
-
health
653
1 436
1 166
-
total
3 587
7 877
6 402
-
Corporate
30 563
-
-
-
income
3 821
-
-
-
total
3 821
-
-
-
Dividends
26 742
-
-
-
withholding
4 546
-
-
-
total
4 546
-
-
-
Income
69 500
69 500
69 500
69 500
Total tax
23 938
22 822
20 328
16 684
After tax
45 562
46 678
49 172
52 816
Living cost
23 365
23 365
23 365
23 365
Free-cash
22 197
23 313
25 807
29 451

Estimated living cost  is ₽23365 per week

₽14003
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2292
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽517
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6554
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽41530
₽36395
₽37201
₽26950
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
69 500
income
-
-
-
6 176
pensions
-
-
-
6 419
unemployment
-
-
-
29
health
-
-
-
3 652
total
-
-
-
16 276
Employee

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

23 164
-
63 008
-
health
1 969
-
5 357
-
income
1 584
-
4 911
-
pensions
3 474
-
9 451
-
unemployment
115
-
316
-
total
7 142
-
20 035
-
Employer

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

23 164
-
63 008
-
unemployment
115
-
316
-
pensions
1 274
-
3 466
-
health
996
-
2 710
-
total
2 385
-
6 492
-
Corporate
43 951
69 500
-
-
income
3 955
6 255
-
-
total
3 955
6 255
-
-
Dividends
39 997
63 245
-
-
withholding
3 600
5 692
-
-
total
3 600
5 692
-
-
Income
69 500
69 500
69 500
69 500
Total tax
17 082
11 947
26 527
16 276
After tax
52 418
57 553
42 973
53 224
Living cost
16 023
16 023
16 023
16 023
Free-cash
36 395
41 530
26 950
37 201

Estimated living cost  is ₽16023 per week

₽10223
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1155
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4167
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Podgorica model

Close
Valencia , Spain
₽19147
₽13855
₽9818
₽10309
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
69 500
accident
-
-
-
626
income
-
-
-
11 082
pensions
-
-
-
19 668
other
-
-
-
69
unemployment
-
-
-
486
total
-
-
-
31 931
Employee
37 315
-
52 699
-
other
36
-
54
-
income
7 194
-
11 292
-
pensions
1 754
-
2 476
-
unemployment
578
-
818
-
total
9 562
-
14 640
-
Employer
37 315
-
52 699
-
accident
739
-
1 044
-
other
299
-
421
-
unemployment
2 053
-
2 898
-
pensions
8 806
-
12 437
-
total
11 897
-
16 800
-
Corporate
20 288
69 500
-
-
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.

3 043
10 426
-
-
total
3 043
10 426
-
-
Dividends
17 245
59 074
-
-
withholding
3 392
12 176
-
-
total
3 392
12 176
-
-
Income
69 500
69 500
69 500
69 500
Total tax
27 894
22 602
31 440
31 931
After tax
41 606
46 898
38 060
37 569
Living cost
27 751
27 751
27 751
27 751
Free-cash
13 855
19 147
10 309
9 818

Estimated living cost  is ₽27751 per week

₽18732
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2668
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5866
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Valencia model

Close
Istanbul , Turkey
₽40612
₽40158
₽40801
₽40603
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
69 500
income
-
-
-
22 476
pensions
-
-
-
2 010
health
-
-
-
1 457
total
-
-
-
25 943
Employee
4 198
-
67 238
-
health
210
-
503
-
income
812
-
22 370
-
pensions
378
-
905
-
unemployment
42
-
101
-
total
1 442
-
23 879
-
Employer
4 198
-
67 238
-
unemployment
84
-
201
-
pensions
462
-
1 106
-
health
399
-
955
-
total
945
-
2 262
-
Corporate
64 358
69 500
-
-
income
14 159
15 290
-
-
total
14 159
15 290
-
-
Dividends
50 199
54 210
-
-
withholding
10 040
10 842
-
-
total
10 040
10 842
-
-
Income
69 500
69 500
69 500
69 500
Total tax
26 586
26 132
26 141
25 943
After tax
42 914
43 368
43 359
43 557
Living cost
2 756
2 756
2 756
2 756
Free-cash
40 158
40 612
40 603
40 801

Estimated living cost  is ₽2756 per week

₽1638
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽223
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽63
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽832
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Istanbul model

Close
Belgrade , Serbia
₽32761
₽27796
₽16611
₽19355
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
69 500
income
-
-
-
9 165
pensions
-
-
-
18 070
unemployment
-
-
-
1 043
health
-
-
-
7 158
total
-
-
-
35 436
Employee

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

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

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

26 319
-
58 948
-
health
1 355
-
3 036
-
income
3 628
-
10 409
-
pensions
3 685
-
8 253
-
unemployment
197
-
442
-
total
8 865
-
22 140
-
Employer

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

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

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

26 319
-
58 948
-
unemployment
197
-
442
-
pensions
3 158
-
7 074
-
health
1 355
-
3 036
-
total
4 710
-
10 552
-
Corporate
38 470
69 500
-
-
income
5 771
10 425
-
-
total
5 771
10 425
-
-
Dividends
32 700
59 075
-
-
withholding
4 905
8 861
-
-
total
4 905
8 861
-
-
Income
69 500
69 500
69 500
69 500
Total tax
24 251
19 286
32 692
35 436
After tax
45 249
50 214
36 808
34 064
Living cost
17 453
17 453
17 453
17 453
Free-cash
27 796
32 761
19 355
16 611

Estimated living cost  is ₽17453 per week

₽11751
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1350
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽505
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3847
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Belgrade model

Close
Porto , Portugal
₽12325
₽11961
₽12452
₽10043
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
69 500
income
-
-
-
5 690
surtax
-
-
-
-
social contributions

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

-
-
-
24 151
total
-
-
-
29 841
Employee
39 169
-
56 161
-
social contributions
4 309
-
6 178
-
surtax
-
-
-
-
income
7 653
-
12 733
-
total
11 962
-
18 911
-
Employer
39 169
-
56 161
-
social contributions
9 302
-
13 339
-
total
9 302
-
13 339
-
Corporate
21 030
69 500
-
-
surtax
-
-
-
-
income
4 416
14 595
-
-
total
4 416
14 595
-
-
Dividends
16 613
54 905
-
-
withholding
4 652
15 373
-
-
total
4 652
15 373
-
-
Income
69 500
69 500
69 500
69 500
Total tax
30 332
29 968
32 250
29 841
After tax
39 168
39 532
37 250
39 659
Living cost
27 207
27 207
27 207
27 207
Free-cash
11 961
12 325
10 043
12 452

Estimated living cost  is ₽27207 per week

₽19270
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1890
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽483
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5565
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Porto model

Close
Madrid , Spain
₽11431
₽3595
₽2102
₽2593
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
69 500
accident
-
-
-
626
income
-
-
-
11 082
pensions
-
-
-
19 668
other
-
-
-
69
unemployment
-
-
-
486
total
-
-
-
31 931
Employee
48 739
-
52 699
-
other
48
-
54
-
income
10 180
-
11 292
-
pensions
2 290
-
2 476
-
unemployment
755
-
818
-
total
13 273
-
14 640
-
Employer
48 739
-
52 699
-
accident
965
-
1 044
-
other
391
-
421
-
unemployment
2 681
-
2 898
-
pensions
11 502
-
12 437
-
total
15 539
-
16 800
-
Corporate
5 222
69 500
-
-
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.

783
10 426
-
-
total
783
10 426
-
-
Dividends
4 439
59 074
-
-
withholding
843
12 176
-
-
total
843
12 176
-
-
Income
69 500
69 500
69 500
69 500
Total tax
30 438
22 602
31 440
31 931
After tax
39 062
46 898
38 060
37 569
Living cost
35 467
35 467
35 467
35 467
Free-cash
3 595
11 431
2 593
2 102

Estimated living cost  is ₽35467 per week

₽25471
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2758
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽500
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6739
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Madrid model

Close
Sofia , Bulgaria
₽42052
₽35899
₽32287
₽33843
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
69 500
income
-
-
-
10 425
pensions

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

-
-
-
5 220
unemployment
-
-
-
141
health
-
-
-
4 056
total
-
-
-
19 842
Employee
23 001
-
62 580
-
health
1 058
-
1 622
-
accident

We are using the highest rate at 1.1%.

253
-
388
-
income
2 300
-
6 258
-
pensions

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

2 019
-
3 097
-
total
5 630
-
11 365
-
Employer
23 001
-
62 580
-
accident

We are using the highest rate at 1.1%.

253
-
388
-
unemployment
138
-
212
-
pensions

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

2 535
-
3 887
-
health
1 587
-
2 434
-
total
4 513
-
6 921
-
Corporate
41 986
69 500
-
-
income
4 198
6 950
-
-
total
4 198
6 950
-
-
Dividends
37 788
62 550
-
-
withholding
1 889
3 127
-
-
total
1 889
3 127
-
-
Income
69 500
69 500
69 500
69 500
Total tax
16 230
10 077
18 286
19 842
After tax
53 270
59 423
51 214
49 658
Living cost
17 371
17 371
17 371
17 371
Free-cash
35 899
42 052
33 843
32 287

Estimated living cost  is ₽17371 per week

₽11489
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽994
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽414
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4474
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Sofia model

Close
Berlin , Germany
-₽3017
₽10186
₽9992
₽13232
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
69 500
trade
-
-
-
3 240
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.

-
-
-
9 870
health

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

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

-
-
-
6 894
surtax

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

-
-
-
542
total
-
-
-
20 546
Employee

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

50 213
-
69 500
-
health

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

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

6 894
-
6 894
-
surtax

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

228
-
542
-
income

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

4 129
-
9 870
-
total
11 251
-
17 306
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
19 287
69 500
-
-
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.

159
573
-
-
income
2 894
10 426
-
-
trade
2 767
9 974
-
-
chamber of commerce
182
255
-
-
total
6 002
21 228
-
-
Dividends
13 285
48 273
-
-
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.

161
643
-
-
withholding
2 938
11 684
-
-
total
3 099
12 327
-
-
Income
69 500
69 500
69 500
69 500
Total tax
20 352
33 555
17 306
20 546
After tax
49 148
35 945
52 194
48 954
Living cost
38 962
38 962
38 962
38 962
Free-cash
10 186
-3 017
13 232
9 992

Estimated living cost  is ₽38962 per week

₽26877
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4192
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽565
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7327
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Nationals of Europe, Australia, Canada, Israel, Japan, the Republic of Korea, New Zealand and the USA do not require an entry type D visa (not to confuse with a Schengen visa or a visa-free entry). For other nationals, waiting time is around 6-9 months which includes document preparation and processing.

Source of data for Berlin model

Close
Dublin , Ireland
-₽8837
-₽9441
-₽4626
-₽4626
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
69 500
income
-
-
-
11 119
social contributions
-
-
-
5 520
total
-
-
-
16 639
Employee
78 941
-
69 500
-
income
14 896
-
11 119
-
social contributions
6 558
-
5 520
-
total
21 454
-
16 639
-
Employer
78 941
-
69 500
-
total
-
-
-
-
Corporate
-
69 500
-
-
income
-
8 687
-
-
total
-
8 687
-
-
Dividends
-
60 813
-
-
withholding
-
12 163
-
-
total
-
12 163
-
-
Income
69 500
69 500
69 500
69 500
Total tax
21 454
20 850
16 639
16 639
After tax
48 046
48 650
52 861
52 861
Living cost
57 487
57 487
57 487
57 487
Free-cash
-9 441
-8 837
-4 626
-4 626

Estimated living cost  is ₽57487 per week

₽43735
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4684
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽550
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8518
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

To obtain permanent residence for non EEA/Swiss nationals, it is required to invest a huge amount - at least €1 million aggregate investment into a new or an existing Irish business, for a minimum of three years.

Source of data for Dublin model

Close
Sliema , Malta
₽3208
₽9057
-₽2602
₽13918
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
69 500
income
-
-
-
28 727
health

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

-
-
-
6 741
total
-
-
-
35 468
Employee
46 295
-
64 858
-
income
5 023
-
9 664
-
social contributions
4 638
-
4 642
-
total
9 661
-
14 306
-
Employer
46 295
-
64 858
-
social contributions
4 638
-
4 642
-
total
4 638
-
4 642
-
Corporate
18 566
69 500
-
-
income
6 498
24 326
-
-
total
6 498
24 326
-
-
Dividends
12 068
45 174
-
-
social contributions
3 012
5 332
-
-
total
3 012
5 332
-
-
Income
69 500
69 500
69 500
69 500
Total tax
23 809
29 658
18 948
35 468
After tax
45 691
39 842
50 552
34 032
Living cost
36 634
36 634
36 634
36 634
Free-cash
9 057
3 208
13 918
-2 602

Estimated living cost  is ₽36634 per week

₽24130
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2888
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽561
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9053
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽14458
₽8744
₽14333
₽6933
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
69 500
income
-
-
-
12 987
pensions
-
-
-
4 565
total
-
-
-
17 552
Employee
51 632
-
61 719
-
health
674
-
881
-
income
9 403
-
11 138
-
pensions
3 941
-
5 152
-
total
14 018
-
17 171
-
Employer
51 632
-
61 719
-
pensions
5 216
-
6 608
-
health
981
-
1 173
-
total
6 197
-
7 781
-
Corporate
11 670
69 500
-
-
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.

2 217
13 205
-
-
total
2 217
13 205
-
-
Dividends
9 454
56 295
-
-
withholding
709
4 222
-
-
total
709
4 222
-
-
Income
69 500
69 500
69 500
69 500
Total tax
23 141
17 427
24 952
17 552
After tax
46 359
52 073
44 548
51 948
Living cost
37 615
37 615
37 615
37 615
Free-cash
8 744
14 458
6 933
14 333

Estimated living cost  is ₽37615 per week

₽25804
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3459
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽471
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7879
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

The only visa which will gain you entry to the UK as a freelancer is Tier 1 (with an exception of EU nationals or long-term UK residence permit holders, up until Brexit). There are two Tier 1 visa pathways.

You can either apply for an Entrepreneur visa which requires an investment of at least £200000 and creating two full time jobs, or choose an Exceptional Talent visa, which has no financial requirements but is more difficult to obtain.

Source of data for Edinburgh model

Close
Warsaw , Poland
-₽18271
₽1963
₽23997
₽11833
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
69 500
accident
-
-
-
253
income
-
-
-
14 616
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
21 603
Employee
37 595
-
57 734
-
health
4 304
-
6 610
-
income
5 158
-
8 891
-
pensions
4 233
-
6 501
-
total
13 695
-
22 002
-
Employer
37 595
-
57 734
-
accident
628
-
964
-
unemployment
921
-
1 414
-
pensions
6 113
-
9 387
-
total
7 662
-
11 765
-
Corporate
24 244
69 500
-
-
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.

21 819
62 550
-
-
total
21 819
62 550
-
-
Dividends
2 424
6 950
-
-
withholding
461
1 321
-
-
total
461
1 321
-
-
Income
69 500
69 500
69 500
69 500
Total tax
43 637
63 871
33 767
21 603
After tax
25 863
5 629
35 733
47 897
Living cost
23 900
23 900
23 900
23 900
Free-cash
1 963
-18 271
11 833
23 997

Estimated living cost  is ₽23900 per week

₽17540
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1393
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽481
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4486
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽45444
₽40537
₽26936
₽26936
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
69 500
work injury
-
-
-
347
health insurance
-
-
-
5 143
income
-
-
-
9 821
pensions
-
-
-
12 788
unemployment
-
-
-
834
total
-
-
-
28 933
Employee

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

21 810
-
69 500
-
work injury
109
-
347
-
income
2 181
-
9 821
-
pensions
4 013
-
12 788
-
health insurance
1 614
-
5 143
-
unemployment
262
-
834
-
total
8 179
-
28 933
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
47 690
69 500
-
-
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
47 690
69 500
-
-
withholding
7 153
10 425
-
-
total
7 153
10 425
-
-
Income
69 500
69 500
69 500
69 500
Total tax
15 332
10 425
28 933
28 933
After tax
54 168
59 075
40 567
40 567
Living cost
13 631
13 631
13 631
13 631
Free-cash
40 537
45 444
26 936
26 936

Estimated living cost  is ₽13631 per week

₽8445
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽991
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽425
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3771
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Skopje model

Close
Rome , Italy
-₽3596
-₽15541
-₽2954
-₽6810
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
69 500
municipal
-
-
-
465
regional
-
-
-
1 121
national
-
-
-
12 789
social contributions
-
-
-
17 876
total
-
-
-
32 251
Employee
85 040
-
69 500
-
social contributions
28 675
-
23 435
-
regional
1 284
-
970
-
municipal
508
-
414
-
national
14 371
-
11 288
-
total
44 838
-
36 107
-
Employer
85 040
-
69 500
-
total
-
-
-
-
Corporate
-
69 500
-
-
nationa
-
16 681
-
-
municipal
-
3 350
-
-
total
-
20 031
-
-
Dividends
-
49 470
-
-
withholding
-
12 862
-
-
total
-
12 862
-
-
Income
69 500
69 500
69 500
69 500
Total tax
44 838
32 893
36 107
32 251
After tax
24 662
36 607
33 393
37 249
Living cost
40 203
40 203
40 203
40 203
Free-cash
-15 541
-3 596
-6 810
-2 954

Estimated living cost  is ₽40203 per week

₽28240
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2765
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽607
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8589
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rome model

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