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
₽ 70000
per

Your estimated
City
free-cash

Dresden , Germany
₽18475
₽22179
₽16253
₽5195
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
70 000
trade
-
-
-
3 704
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.

-
-
-
6 831
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.

-
-
-
10 146
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.

-
-
-
558
total
-
-
-
21 239
Employee

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

38 244
-
70 000
-
surtax

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

59
-
558
-
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.

1 068
-
10 146
-
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.

6 831
-
6 831
-
total
7 958
-
17 535
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
31 756
70 000
-
-
trade
5 002
11 024
-
-
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.

262
577
-
-
income
4 763
10 501
-
-
chamber of commerce
197
252
-
-
total
10 224
22 354
-
-
Dividends
21 533
47 646
-
-
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.

275
634
-
-
withholding
5 004
11 531
-
-
total
5 279
12 165
-
-
Income
70 000
70 000
70 000
70 000
Total tax
23 461
34 519
17 535
21 239
After tax
46 539
35 481
52 465
48 761
Living cost
30 286
30 286
30 286
30 286
Free-cash
16 253
5 195
22 179
18 475

Estimated living cost  is ₽30286 per week

₽19051
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3531
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.
₽7138
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽7246
-₽6696
-₽15291
-₽6762
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
70 000
social contributions
-
-
-
753
municipal
-
-
-
6 923
national
-
-
-
10 728
pensions
-
-
-
8 400
total
-
-
-
26 804
Employee
78 195
-
60 514
-
pensions
3 128
-
2 421
-
national
14 966
-
11 147
-
municipal
9 658
-
7 194
-
total
27 752
-
20 762
-
Employer
78 195
-
60 514
-
pensions
6 256
-
4 841
-
social contributions
841
-
651
-
total
7 097
-
5 492
-
Corporate
-
70 000
-
-
income

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

-
14 000
-
-
total
-
14 000
-
-
Dividends
-
56 000
-
-
withholding
-
12 320
-
-
total
-
12 320
-
-
Income
70 000
70 000
70 000
70 000
Total tax
34 849
26 320
26 254
26 804
After tax
35 151
43 680
43 746
43 196
Living cost
50 442
50 442
50 442
50 442
Free-cash
-15 291
-6 762
-6 696
-7 246

Estimated living cost  is ₽50442 per week

₽34285
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4689
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽755
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10713
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽35549
₽18994
₽26996
₽35198
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
70 000
social contributions

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

-
-
-
3 148
income
-
-
-
-
microenterprise
-
-
-
10 501
surtax
-
-
-
-
total
-
-
-
13 649
Employee
29 217
-
56 410
-
income
5 201
-
10 409
-
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.

3 214
-
6 205
-
surtax
-
-
-
-
total
8 415
-
16 614
-
Employer
29 217
-
56 410
-
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.

7 038
-
13 590
-
surtax
-
-
-
-
total
7 038
-
13 590
-
Corporate
33 745
70 000
-
-
income

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

6 749
14 000
-
-
total
6 749
14 000
-
-
Dividends

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

26 996
56 000
-
-
total
-
-
-
-
Income
70 000
70 000
70 000
70 000
Total tax
22 202
14 000
30 204
13 649
After tax
47 798
56 000
39 796
56 351
Living cost
20 802
20 802
20 802
20 802
Free-cash
26 996
35 198
18 994
35 549

Estimated living cost  is ₽20802 per week

₽13271
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1981
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽472
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5078
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽1986
-₽29291
-₽29291
-₽23678
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
70 000
health
-
-
-
10 271
income
-
-
-
8 113
pensions
-
-
-
11 715
total
-
-
-
30 099
Employee
85 386
85 386
85 386
-
income

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

13 976
13 976
13 976
-
pensions
15 370
11 715
15 370
-
health
13 106
11 148
13 106
-
total
42 452
36 839
42 452
-
Employer
85 386
85 386
85 386
-
pensions
5 943
5 943
5 943
-
health
5 935
5 935
5 935
-
unemployment
3 074
3 074
3 074
-
total
14 952
14 952
14 952
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Income
70 000
70 000
70 000
70 000
Total tax
57 404
51 791
57 404
30 099
After tax
12 596
18 209
12 596
39 901
Living cost
41 887
41 887
41 887
41 887
Free-cash
-29 291
-23 678
-29 291
-1 986

Estimated living cost  is ₽41887 per week

₽29684
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3776
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽666
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7761
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽3554
-₽1067
-₽1998
-₽228
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
70 000
other
-
-
-
8 134
unemployment
-
-
-
70
accident
-
-
-
140
municipal
-
-
-
14 827
health
-
-
-
4 368
national
-
-
-
-
pensions
-
-
-
7 567
total
-
-
-
35 106
Employee
54 785
-
53 264
-
national
-
-
-
-
municipal
16 337
-
15 883
-
total
16 337
-
15 883
-
Employer
54 785
-
53 264
-
pensions
5 922
-
5 758
-
other
6 366
-
6 189
-
accident
110
-
107
-
health
3 369
-
3 276
-
unemployment
1 446
-
1 406
-
total
17 213
-
16 736
-
Corporate
-
70 000
-
-
income
-
15 400
-
-
total
-
15 400
-
-
Dividends
-
54 600
-
-
withholding
-
16 380
-
-
total
-
16 380
-
-
Income
70 000
70 000
70 000
70 000
Total tax
33 550
31 780
32 619
35 106
After tax
36 450
38 220
37 381
34 894
Living cost
38 448
38 448
38 448
38 448
Free-cash
-1 998
-228
-1 067
-3 554

Estimated living cost  is ₽38448 per week

₽25482
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3773
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.
₽8610
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽9318
₽13185
₽9890
-₽4162
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
70 000
trade
-
-
-
3 867
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.

-
-
-
6 831
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.

-
-
-
10 146
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.

-
-
-
558
total
-
-
-
21 402
Employee

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

50 706
-
70 000
-
surtax

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

239
-
558
-
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.

4 357
-
10 146
-
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.

6 831
-
6 831
-
total
11 427
-
17 535
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
19 294
70 000
-
-
trade
3 174
11 516
-
-
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
577
-
-
income
2 894
10 501
-
-
chamber of commerce
178
250
-
-
total
6 405
22 844
-
-
Dividends
12 888
47 156
-
-
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.

156
628
-
-
withholding
2 842
11 410
-
-
total
2 998
12 038
-
-
Income
70 000
70 000
70 000
70 000
Total tax
20 830
34 882
17 535
21 402
After tax
49 170
35 118
52 465
48 598
Living cost
39 280
39 280
39 280
39 280
Free-cash
9 890
-4 162
13 185
9 318

Estimated living cost  is ₽39280 per week

₽26271
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4142
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽586
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8281
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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
₽20596
₽17247
₽14833
₽14960
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
70 000
social contributions
-
-
-
10 920
health
-
-
-
1 786
income
-
-
-
4 267
total
-
-
-
16 973
Employee
76 887
76 887
76 887
-
income
8 074
7 117
7 516
-
social contributions
3 736
6 381
5 275
-
health
765
1 307
1 080
-
total
12 575
14 805
13 871
-
Employer
76 887
76 887
76 887
-
health
833
1 423
1 176
-
social contributions
3 736
6 381
5 275
-
total
4 569
7 804
6 451
-
Corporate
20 425
-
-
-
income
2 554
-
-
-
total
2 554
-
-
-
Dividends
17 871
-
-
-
withholding
3 038
-
-
-
total
3 038
-
-
-
Income
70 000
70 000
70 000
70 000
Total tax
22 736
22 609
20 322
16 973
After tax
47 264
47 391
49 678
53 027
Living cost
32 431
32 431
32 431
32 431
Free-cash
14 833
14 960
17 247
20 596

Estimated living cost  is ₽32431 per week

₽22170
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2533
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽545
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7184
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽30256
₽22343
₽21690
₽21311
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
70 000
unemployment
-
-
-
1 050
health
-
-
-
4 900
income
-
-
-
8 558
pensions
-
-
-
7 000
total
-
-
-
21 508
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.

26 323
10 476
58 577
-
income
3 218
1 281
7 161
-
pensions
2 632
1 048
5 858
-
unemployment
395
157
879
-
health
1 843
733
4 100
-
total
8 088
3 219
17 998
-
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.

26 323
10 476
58 577
-
pensions
5 133
2 043
11 423
-
total
5 133
2 043
11 423
-
Corporate
38 544
57 481
-
-
income
3 469
5 173
-
-
total
3 469
5 173
-
-
Dividends
35 075
52 308
-
-
social contributions
6 720
10 080
-
-
withholding
6 664
9 938
-
-
total
13 384
20 018
-
-
Income
70 000
70 000
70 000
70 000
Total tax
30 074
30 453
29 421
21 508
After tax
39 926
39 547
40 579
48 492
Living cost
18 236
18 236
18 236
18 236
Free-cash
21 690
21 311
22 343
30 256

Estimated living cost  is ₽18236 per week

₽12444
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1492
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽364
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3935
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽13471
₽16196
₽25638
₽31849
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
70 000
health
-
-
-
9 100
income
-
-
-
9 277
pensions
-
-
-
14 001
total
-
-
-
32 378
Employee
28 365
-
52 316
-
income
3 193
-
10 087
-
pensions
567
-
1 046
-
unemployment
453
-
837
-
total
4 213
-
11 970
-
Employer
28 365
-
52 316
-
pensions
5 673
-
10 463
-
health
3 687
-
6 801
-
unemployment
228
-
419
-
total
9 588
-
17 683
-
Corporate
32 047
70 000
-
-
income
6 410
14 000
-
-
total
6 410
14 000
-
-
Dividends
25 637
56 000
-
-
total
-
-
-
-
Income
70 000
70 000
70 000
70 000
Total tax
20 211
14 000
29 653
32 378
After tax
49 789
56 000
40 347
37 622
Living cost
24 151
24 151
24 151
24 151
Free-cash
25 638
31 849
16 196
13 471

Estimated living cost  is ₽24151 per week

₽16565
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1438
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.
₽5662
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽26318
₽13997
₽2308
-₽16244
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
70 000
other
-
-
-
369
accident
-
-
-
252
health
-
-
-
2 172
income
-
-
-
14 830
pensions
-
-
-
4 145
total
-
-
-
21 768
Employee
34 472
-
58 149
-
income
4 729
-
9 032
-
pensions
3 882
-
6 548
-
health
3 947
-
6 658
-
total
12 558
-
22 238
-
Employer
34 472
-
58 149
-
pensions
5 605
-
9 455
-
accident
575
-
971
-
unemployment
845
-
1 425
-
total
7 025
-
11 851
-
Corporate
28 503
70 000
-
-
income

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

25 653
63 000
-
-
total
25 653
63 000
-
-
Dividends
2 850
7 000
-
-
withholding
542
1 330
-
-
total
542
1 330
-
-
Income
70 000
70 000
70 000
70 000
Total tax
45 778
64 330
34 089
21 768
After tax
24 222
5 670
35 911
48 232
Living cost
21 914
21 914
21 914
21 914
Free-cash
2 308
-16 244
13 997
26 318

Estimated living cost  is ₽21914 per week

₽16061
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1214
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽457
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4182
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽60289
₽46989
₽55800
₽57489
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
70 000
microenterprise

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

-
-
-
700
total
-
-
-
700
Employee
11 263
-
70 000
-
income
2 252
-
14 000
-
total
2 252
-
14 000
-
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%.

58 737
70 000
-
-
total
-
-
-
-
Dividends
58 737
70 000
-
-
withholding
2 937
3 500
-
-
total
2 937
3 500
-
-
Income
70 000
70 000
70 000
70 000
Total tax
5 189
3 500
14 000
700
After tax
64 811
66 500
56 000
69 300
Living cost
9 011
9 011
9 011
9 011
Free-cash
55 800
57 489
46 989
60 289

Estimated living cost  is ₽9011 per week

₽5584
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽749
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽248
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2430
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽11263
₽14386
₽18034
₽24786
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
70 000
other
-
-
-
3 324
health
-
-
-
3 080
income
-
-
-
8 892
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.

-
-
-
16 798
total
-
-
-
32 094
Employee
36 305
-
55 907
-
income
6 250
-
9 624
-
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.

2 541
-
3 914
-
unemployment
362
-
560
-
health
509
-
782
-
total
9 662
-
14 880
-
Employer
36 305
-
55 907
-
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.

6 172
-
9 504
-
other
1 816
-
2 797
-
accident
290
-
448
-
health
509
-
782
-
unemployment
362
-
560
-
total
9 149
-
14 091
-
Corporate
24 545
70 000
-
-
income
5 155
14 700
-
-
total
5 155
14 700
-
-
Dividends
19 390
55 300
-
-
withholding
1 357
3 871
-
-
total
1 357
3 871
-
-
Income
70 000
70 000
70 000
70 000
Total tax
25 323
18 571
28 971
32 094
After tax
44 677
51 429
41 029
37 906
Living cost
26 643
26 643
26 643
26 643
Free-cash
18 034
24 786
14 386
11 263

Estimated living cost  is ₽26643 per week

₽18825
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1799
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽429
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5590
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽14950
-₽22428
-₽38195
-₽14804
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
70 000
income
-
-
-
13 075
pensions
-
-
-
4 622
total
-
-
-
17 697
Employee
95 153
-
62 140
-
income
17 152
-
11 206
-
pensions
9 180
-
5 218
-
health
1 568
-
892
-
total
27 900
-
17 316
-
Employer
95 153
-
62 140
-
pensions
11 235
-
6 679
-
health
1 807
-
1 180
-
total
13 042
-
7 859
-
Corporate
-
70 000
-
-
income

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

-
13 299
-
-
total
-
13 299
-
-
Dividends
-
56 701
-
-
withholding
-
4 252
-
-
total
-
4 252
-
-
Income
70 000
70 000
70 000
70 000
Total tax
40 942
17 551
25 175
17 697
After tax
29 058
52 449
44 825
52 303
Living cost
67 253
67 253
67 253
67 253
Free-cash
-38 195
-14 804
-22 428
-14 950

Estimated living cost  is ₽67253 per week

₽50394
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7902
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽547
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8411
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽37069
₽38671
₽42100
₽46743
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
70 000
unemployment
-
-
-
140
health
-
-
-
4 016
income
-
-
-
10 500
pensions

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

-
-
-
5 168
total
-
-
-
19 824
Employee
17 356
-
63 149
-
income
1 735
-
6 315
-
pensions

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

1 524
-
3 066
-
health
798
-
1 606
-
accident

We are using the highest rate at 1.1%.

191
-
384
-
total
4 248
-
11 371
-
Employer
17 356
-
63 149
-
pensions

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

1 913
-
3 848
-
accident

We are using the highest rate at 1.1%.

191
-
384
-
health
1 198
-
2 409
-
unemployment
104
-
210
-
total
3 406
-
6 851
-
Corporate
49 238
70 000
-
-
income
4 924
7 000
-
-
total
4 924
7 000
-
-
Dividends
44 315
63 000
-
-
withholding
2 215
3 150
-
-
total
2 215
3 150
-
-
Income
70 000
70 000
70 000
70 000
Total tax
14 793
10 150
18 222
19 824
After tax
55 207
59 850
51 778
50 176
Living cost
13 107
13 107
13 107
13 107
Free-cash
42 100
46 743
38 671
37 069

Estimated living cost  is ₽13107 per week

₽7652
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽936
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽347
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4172
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽15544
-₽42849
-₽38932
-₽37236
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
70 000
health
-
-
-
10 271
income
-
-
-
8 113
pensions
-
-
-
11 715
total
-
-
-
30 099
Employee
92 702
85 386
85 386
-
income

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

13 976
13 976
13 976
-
pensions
11 715
11 715
15 370
-
health
11 565
11 148
13 106
-
total
37 256
36 839
42 452
-
Employer
92 702
85 386
85 386
-
pensions
6 451
5 943
5 943
-
health
6 442
5 935
5 935
-
unemployment
3 338
3 074
3 074
-
total
16 231
14 952
14 952
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Income
70 000
70 000
70 000
70 000
Total tax
53 487
51 791
57 404
30 099
After tax
16 513
18 209
12 596
39 901
Living cost
55 445
55 445
55 445
55 445
Free-cash
-38 932
-37 236
-42 849
-15 544

Estimated living cost  is ₽55445 per week

₽40900
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4952
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽636
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8958
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽10082
₽11511
₽15617
₽24183
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
70 000
social contributions
-
-
-
20 440
health
-
-
-
9 450
income
-
-
-
6 016
solidarity contribution
-
-
-
-
total
-
-
-
35 906
Employee
35 311
-
52 239
-
income
4 237
-
6 269
-
solidarity contribution
-
-
-
-
social contributions
2 295
-
3 395
-
health
4 767
-
7 052
-
total
11 299
-
16 716
-
Employer
35 311
-
52 239
-
health
3 178
-
4 701
-
social contributions
8 828
-
13 060
-
total
12 006
-
17 761
-
Corporate
22 683
70 000
-
-
income
4 310
13 300
-
-
total
4 310
13 300
-
-
Dividends
18 373
56 700
-
-
withholding
2 756
8 505
-
-
total
2 756
8 505
-
-
Income
70 000
70 000
70 000
70 000
Total tax
30 371
21 805
34 477
35 906
After tax
39 629
48 195
35 523
34 094
Living cost
24 012
24 012
24 012
24 012
Free-cash
15 617
24 183
11 511
10 082

Estimated living cost  is ₽24012 per week

₽16679
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1708
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽472
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5153
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽4234
-₽8191
-₽18864
-₽4845
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
70 000
social contributions
-
-
-
18 003
municipal
-
-
-
416
national
-
-
-
12 901
regional
-
-
-
722
total
-
-
-
32 042
Employee
88 864
-
70 000
-
national
15 398
-
11 389
-
social contributions
29 965
-
23 605
-
municipal
471
-
372
-
regional
838
-
633
-
total
46 672
-
35 999
-
Employer
88 864
-
70 000
-
total
-
-
-
-
Corporate
-
70 000
-
-
nationa
-
16 800
-
-
municipal
-
2 730
-
-
total
-
19 530
-
-
Dividends
-
50 469
-
-
withholding
-
13 123
-
-
total
-
13 123
-
-
Income
70 000
70 000
70 000
70 000
Total tax
46 672
32 653
35 999
32 042
After tax
23 328
37 347
34 001
37 958
Living cost
42 192
42 192
42 192
42 192
Free-cash
-18 864
-4 845
-8 191
-4 234

Estimated living cost  is ₽42192 per week

₽29411
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2767
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽647
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9366
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽16444
₽14907
₽18855
₽21965
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
70 000
other
-
-
-
-
unemployment
-
-
-
228
health
-
-
-
4 969
income
-
-
-
11 318
surtax
-
-
-
977
pensions
-
-
-
14 000
total
-
-
-
31 492
Employee
33 066
-
57 826
-
income
5 543
-
10 641
-
pensions
2 205
-
3 858
-
unemployment
2 302
-
4 025
-
health
844
-
1 474
-
other
-
-
-
-
surtax
108
-
860
-
total
11 002
-
20 858
-
Employer
33 066
-
57 826
-
pensions
4 408
-
7 708
-
other
-
-
-
-
health
1 505
-
2 630
-
unemployment
1 047
-
1 833
-
total
6 960
-
12 171
-
Corporate
29 974
70 000
-
-
income
7 793
18 201
-
-
total
7 793
18 201
-
-
Dividends
22 181
51 799
-
-
withholding
3 326
7 770
-
-
total
3 326
7 770
-
-
Income
70 000
70 000
70 000
70 000
Total tax
29 081
25 971
33 029
31 492
After tax
40 919
44 029
36 971
38 508
Living cost
22 064
22 064
22 064
22 064
Free-cash
18 855
21 965
14 907
16 444

Estimated living cost  is ₽22064 per week

₽13491
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2036
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽509
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6028
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽6357
-₽1121
-₽1884
₽6503
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
70 000
income
-
-
-
13 075
pensions
-
-
-
4 622
total
-
-
-
17 697
Employee
63 769
-
62 140
-
income
11 485
-
11 206
-
pensions
5 413
-
5 218
-
health
926
-
892
-
total
17 824
-
17 316
-
Employer
63 769
-
62 140
-
pensions
6 903
-
6 679
-
health
1 211
-
1 180
-
total
8 114
-
7 859
-
Corporate
-
70 000
-
-
income

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

-
13 299
-
-
total
-
13 299
-
-
Dividends
-
56 701
-
-
withholding
-
4 252
-
-
total
-
4 252
-
-
Income
70 000
70 000
70 000
70 000
Total tax
25 938
17 551
25 175
17 697
After tax
44 062
52 449
44 825
52 303
Living cost
45 946
45 946
45 946
45 946
Free-cash
-1 884
6 503
-1 121
6 357

Estimated living cost  is ₽45946 per week

₽34422
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3444
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.
₽7598
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽16510
-₽20114
-₽26875
-₽43573
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
70 000
other

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

-
-
-
1 400
health
-
-
-
247
city
-
-
-
738
national
-
-
-
261
regional
-
-
-
1 842
pensions
-
-
-
6 441
total
-
-
-
10 929
Employee
88 449
-
62 651
-
pensions
7 431
-
5 265
-
national
419
-
219
-
unemployment
-
-
-
-
city
949
-
674
-
health
200
-
142
-
regional
2 896
-
1 574
-
total
11 895
-
7 874
-
Employer
88 449
-
62 651
-
pensions
7 431
-
5 265
-
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.

1 768
-
1 252
-
health
200
-
142
-
unemployment
-
-
-
-
total
9 399
-
6 659
-
Corporate
-
70 000
-
-
regional
-
14 806
-
-
national
-
5 950
-
-
total
-
20 756
-
-
Dividends
-
49 245
-
-
withholding
-
17 236
-
-
total
-
17 236
-
-
Income
70 000
70 000
70 000
70 000
Total tax
21 294
37 992
14 533
10 929
After tax
48 706
32 008
55 467
59 071
Living cost
75 581
75 581
75 581
75 581
Free-cash
-26 875
-43 573
-20 114
-16 510

Estimated living cost  is ₽75581 per week

₽49149
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6783
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽928
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18721
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽2628
₽6660
₽5169
-₽11044
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
70 000
trade
-
-
-
4 032
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.

-
-
-
6 831
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.

-
-
-
10 146
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.

-
-
-
558
total
-
-
-
21 567
Employee

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

60 091
-
70 000
-
surtax

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

389
-
558
-
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.

7 066
-
10 146
-
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.

6 831
-
6 831
-
total
14 286
-
17 535
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
9 909
70 000
-
-
trade
1 700
12 005
-
-
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.

82
577
-
-
income
1 486
10 501
-
-
chamber of commerce
165
250
-
-
total
3 433
23 333
-
-
Dividends
6 476
46 667
-
-
surtax

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

68
620
-
-
withholding
1 239
11 286
-
-
total
1 307
11 906
-
-
Income
70 000
70 000
70 000
70 000
Total tax
19 026
35 239
17 535
21 567
After tax
50 974
34 761
52 465
48 433
Living cost
45 805
45 805
45 805
45 805
Free-cash
5 169
-11 044
6 660
2 628

Estimated living cost  is ₽45805 per week

₽33454
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3664
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽596
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8093
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽7454
₽7777
₽6978
₽1069
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
70 000
other
-
-
-
2 171
social contributions
-
-
-
1 994
health
-
-
-
607
income
-
-
-
3 761
surtax
-
-
-
-
pensions
-
-
-
19 804
total
-
-
-
28 337
Employee
42 794
-
53 340
-
income
2 526
-
3 801
-
pensions
4 839
-
6 034
-
social contributions
1 220
-
1 520
-
surtax
-
-
-
-
total
8 585
-
11 355
-
Employer
42 794
-
53 340
-
pensions
7 030
-
8 764
-
other
1 476
-
1 841
-
health
2 996
-
3 734
-
unemployment
1 732
-
2 161
-
social contributions
129
-
159
-
total
13 363
-
16 659
-
Corporate
13 842
70 000
-
-
surtax
-
-
-
-
income
3 877
19 601
-
-
total
3 877
19 601
-
-
Dividends
9 966
50 399
-
-
surtax
-
-
-
-
social contributions
1 713
8 670
-
-
withholding
1 275
6 451
-
-
total
2 988
15 121
-
-
Income
70 000
70 000
70 000
70 000
Total tax
28 813
34 722
28 014
28 337
After tax
41 187
35 278
41 986
41 663
Living cost
34 209
34 209
34 209
34 209
Free-cash
6 978
1 069
7 777
7 454

Estimated living cost  is ₽34209 per week

₽21570
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2782
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽583
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9277
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽10843
₽11166
₽10013
₽4458
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
70 000
other
-
-
-
2 171
social contributions
-
-
-
1 994
health
-
-
-
607
income
-
-
-
3 761
surtax
-
-
-
-
pensions
-
-
-
19 804
total
-
-
-
28 337
Employee
38 199
-
53 340
-
income
1 970
-
3 801
-
pensions
4 321
-
6 034
-
social contributions
1 089
-
1 520
-
surtax
-
-
-
-
total
7 380
-
11 355
-
Employer
38 199
-
53 340
-
pensions
6 277
-
8 764
-
other
1 319
-
1 841
-
health
2 674
-
3 734
-
unemployment
1 546
-
2 161
-
social contributions
114
-
159
-
total
11 930
-
16 659
-
Corporate
19 871
70 000
-
-
surtax
-
-
-
-
income
5 563
19 601
-
-
total
5 563
19 601
-
-
Dividends
14 308
50 399
-
-
surtax
-
-
-
-
social contributions
2 463
8 670
-
-
withholding
1 831
6 451
-
-
total
4 294
15 121
-
-
Income
70 000
70 000
70 000
70 000
Total tax
29 167
34 722
28 014
28 337
After tax
40 833
35 278
41 986
41 663
Living cost
30 820
30 820
30 820
30 820
Free-cash
10 013
4 458
11 166
10 843

Estimated living cost  is ₽30820 per week

₽17874
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3131
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.
₽9231
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽23751
₽20294
₽22024
₽21505
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
70 000
social contributions
-
-
-
9 660
health
-
-
-
4 886
income
-
-
-
10 501
total
-
-
-
25 047
Employee
33 902
-
70 000
-
income
5 654
-
13 958
-
social contributions
4 679
-
9 660
-
health
2 366
-
4 886
-
total
12 699
-
28 504
-
Employer
33 902
-
70 000
-
total
-
-
-
-
Corporate
36 098
70 000
-
-
income

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

1 804
3 501
-
-
total
1 804
3 501
-
-
Dividends
34 293
66 499
-
-
social contributions
4 732
9 176
-
-
health
2 395
4 641
-
-
withholding
5 144
9 975
-
-
total
12 271
23 792
-
-
Income
70 000
70 000
70 000
70 000
Total tax
26 774
27 293
28 504
25 047
After tax
43 226
42 707
41 496
44 953
Living cost
21 202
21 202
21 202
21 202
Free-cash
22 024
21 505
20 294
23 751

Estimated living cost  is ₽21202 per week

₽14189
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1307
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽488
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5216
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽2539
-₽10349
₽2965
₽4514
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
70 000
chamber of commerce
-
-
-
281
unemployment
-
-
-
6 133
health
-
-
-
5 355
income
-
-
-
7 313
surtax
-
-
-
197
pensions
-
-
-
12 950
total
-
-
-
32 229
Employee
49 970
39 847
54 204
-
income
5 689
2 939
6 901
-
pensions
5 117
4 080
5 550
-
unemployment
1 499
1 195
1 626
-
health
1 934
1 543
2 099
-
other
499
398
543
-
total
14 738
10 155
16 719
-
Employer
49 970
39 847
54 204
-
pensions
6 271
5 002
6 802
-
other
2 374
1 892
2 575
-
accident
649
518
704
-
health
1 888
1 507
2 049
-
payroll
1 499
1 195
1 626
-
chamber of commerce
199
159
216
-
unemployment
1 499
1 195
1 626
-
surtax
197
197
197
-
total
14 576
11 665
15 795
-
Corporate
5 454
18 487
50 409
-
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.

1 364
4 622
12 603
-
total
1 364
4 622
12 603
-
Dividends
4 089
13 865
-
-
withholding
1 125
3 812
-
-
total
1 125
3 812
-
-
Income
70 000
70 000
70 000
70 000
Total tax
31 803
30 254
45 117
32 229
After tax
38 197
39 746
24 883
37 771
Living cost
35 232
35 232
35 232
35 232
Free-cash
2 965
4 514
-10 349
2 539

Estimated living cost  is ₽35232 per week

₽23498
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3006
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽579
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8150
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽724
-₽7372
-₽22342
₽2910
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
70 000
social contributions
-
-
-
9 301
communal

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

-
-
-
3 641
national
-
-
-
21 325
total
-
-
-
34 267
Employee

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

71 523
-
54 217
-
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.

5 364
-
4 066
-
national
21 989
-
15 219
-
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.

622
-
472
-
communal

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

3 730
-
2 827
-
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.

3 360
-
2 548
-
total
35 065
-
25 132
-
Employer

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

71 523
-
54 217
-
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.

6 338
-
4 804
-
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.

930
-
706
-
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.

4 398
-
3 334
-
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.

1 044
-
791
-
surtax
8 110
-
6 148
-
total
20 820
-
15 783
-
Corporate
-
70 000
-
-
surtax
-
281
-
-
income
-
14 000
-
-
total
-
14 281
-
-
Dividends
-
55 720
-
-
withholding

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

-
16 352
-
-
total
-
16 352
-
-
Income
70 000
70 000
70 000
70 000
Total tax
55 885
30 633
40 915
34 267
After tax
14 115
39 367
29 085
35 733
Living cost
36 457
36 457
36 457
36 457
Free-cash
-22 342
2 910
-7 372
-724

Estimated living cost  is ₽36457 per week

₽23483
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3188
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.
₽9216
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽1671
₽2168
₽3003
₽11122
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
70 000
other
-
-
-
70
unemployment
-
-
-
490
accident
-
-
-
630
income
-
-
-
11 219
pensions
-
-
-
19 810
total
-
-
-
32 219
Employee
49 772
-
53 076
-
income
10 502
-
11 431
-
pensions
2 340
-
2 495
-
unemployment
772
-
824
-
other
49
-
53
-
total
13 663
-
14 803
-
Employer
49 772
-
53 076
-
pensions
11 745
-
12 525
-
other
397
-
425
-
accident
985
-
1 051
-
unemployment
2 738
-
2 918
-
total
15 865
-
16 919
-
Corporate
4 363
70 000
-
-
income

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

655
10 501
-
-
total
655
10 501
-
-
Dividends
3 709
59 499
-
-
withholding
704
12 267
-
-
total
704
12 267
-
-
Income
70 000
70 000
70 000
70 000
Total tax
30 887
22 768
31 722
32 219
After tax
39 113
47 232
38 278
37 781
Living cost
36 110
36 110
36 110
36 110
Free-cash
3 003
11 122
2 168
1 671

Estimated living cost  is ₽36110 per week

₽26591
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2562
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽520
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6436
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽9212
-₽7900
-₽14767
-₽10768
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
70 000
accident
-
-
-
630
health
-
-
-
5 248
income
-
-
-
4 091
communal
-
-
-
-
surtax
-
-
-
3 704
pensions
-
-
-
11 201
total
-
-
-
24 874
Employee
75 721
-
62 528
-
income
7 314
-
4 472
-
pensions
6 057
-
5 002
-
health
3 370
-
2 782
-
surtax
4 641
-
3 833
-
total
21 382
-
16 089
-
Employer
75 721
-
62 528
-
pensions
6 057
-
5 002
-
accident
681
-
564
-
health
2 309
-
1 907
-
total
9 047
-
7 473
-
Corporate
-
70 000
-
-
communal
-
4 725
-
-
surtax
-
734
-
-
income
-
10 501
-
-
total
-
15 960
-
-
Dividends
-
54 040
-
-
withholding
-
8 106
-
-
income
-
2 364
-
-
total
-
10 470
-
-
Income
70 000
70 000
70 000
70 000
Total tax
30 429
26 430
23 562
24 874
After tax
39 571
43 570
46 438
45 126
Living cost
54 338
54 338
54 338
54 338
Free-cash
-14 767
-10 768
-7 900
-9 212

Estimated living cost  is ₽54338 per week

₽40762
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3292
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.
₽9707
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽16049
₽14512
₽18392
₽21570
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
70 000
other
-
-
-
-
unemployment
-
-
-
228
health
-
-
-
4 969
income
-
-
-
11 318
surtax
-
-
-
977
pensions
-
-
-
14 000
total
-
-
-
31 492
Employee
33 673
-
57 826
-
income
5 645
-
10 641
-
pensions
2 247
-
3 858
-
unemployment
2 343
-
4 025
-
health
860
-
1 474
-
other
-
-
-
-
surtax
120
-
860
-
total
11 215
-
20 858
-
Employer
33 673
-
57 826
-
pensions
4 489
-
7 708
-
other
-
-
-
-
health
1 531
-
2 630
-
unemployment
1 068
-
1 833
-
total
7 088
-
12 171
-
Corporate
29 238
70 000
-
-
income
7 601
18 201
-
-
total
7 601
18 201
-
-
Dividends
21 637
51 799
-
-
withholding
3 245
7 770
-
-
total
3 245
7 770
-
-
Income
70 000
70 000
70 000
70 000
Total tax
29 149
25 971
33 029
31 492
After tax
40 851
44 029
36 971
38 508
Living cost
22 459
22 459
22 459
22 459
Free-cash
18 392
21 570
14 512
16 049

Estimated living cost  is ₽22459 per week

₽13559
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1953
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽522
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6427
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽10689
₽6757
₽7638
₽9860
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
70 000
social contributions
-
-
-
18 003
municipal
-
-
-
416
national
-
-
-
12 901
regional
-
-
-
1 056
total
-
-
-
32 376
Employee
55 465
-
70 000
-
national
8 787
-
11 389
-
social contributions
18 703
-
23 605
-
municipal
294
-
372
-
regional
747
-
942
-
total
28 531
-
36 308
-
Employer
55 465
-
70 000
-
total
-
-
-
-
Corporate
14 535
70 000
-
-
nationa
3 488
16 800
-
-
municipal
723
3 478
-
-
total
4 211
20 278
-
-
Dividends
10 324
49 722
-
-
withholding
2 685
12 927
-
-
total
2 685
12 927
-
-
Income
70 000
70 000
70 000
70 000
Total tax
35 427
33 205
36 308
32 376
After tax
34 573
36 795
33 692
37 624
Living cost
26 935
26 935
26 935
26 935
Free-cash
7 638
9 860
6 757
10 689

Estimated living cost  is ₽26935 per week

₽16751
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2729
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.
₽6994
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽4505
₽5934
₽8050
₽18606
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
70 000
social contributions
-
-
-
20 440
health
-
-
-
9 450
income
-
-
-
6 016
solidarity contribution
-
-
-
-
total
-
-
-
35 906
Employee
43 513
-
52 239
-
income
5 222
-
6 269
-
solidarity contribution
-
-
-
-
social contributions
2 828
-
3 395
-
health
5 874
-
7 052
-
total
13 924
-
16 716
-
Employer
43 513
-
52 239
-
health
3 916
-
4 701
-
social contributions
10 878
-
13 060
-
total
14 794
-
17 761
-
Corporate
11 693
70 000
-
-
income
2 222
13 300
-
-
total
2 222
13 300
-
-
Dividends
9 471
56 700
-
-
withholding
1 421
8 505
-
-
total
1 421
8 505
-
-
Income
70 000
70 000
70 000
70 000
Total tax
32 361
21 805
34 477
35 906
After tax
37 639
48 195
35 523
34 094
Living cost
29 589
29 589
29 589
29 589
Free-cash
8 050
18 606
5 934
4 505

Estimated living cost  is ₽29589 per week

₽22004
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1639
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽512
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5434
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽6068
-₽6972
₽7455
₽7951
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
70 000
chamber of commerce
-
-
-
281
unemployment
-
-
-
6 133
health
-
-
-
5 355
income
-
-
-
7 313
surtax
-
-
-
-
pensions
-
-
-
12 950
total
-
-
-
32 032
Employee
43 708
39 847
54 357
-
income
3 894
2 939
6 947
-
pensions
4 476
4 080
5 565
-
unemployment
1 311
1 195
1 630
-
health
1 691
1 543
2 104
-
other
436
398
543
-
total
11 808
10 155
16 789
-
Employer
43 708
39 847
54 357
-
pensions
5 486
5 002
6 821
-
other
2 076
1 892
2 582
-
accident
567
518
706
-
health
1 653
1 507
2 055
-
payroll
1 311
1 195
1 630
-
chamber of commerce
175
159
218
-
unemployment
1 311
1 195
1 630
-
surtax
-
-
-
-
total
12 579
11 468
15 642
-
Corporate
13 714
18 685
50 562
-
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.

3 429
4 672
12 641
-
total
3 429
4 672
12 641
-
Dividends
10 285
14 013
-
-
withholding
2 829
3 854
-
-
total
2 829
3 854
-
-
Income
70 000
70 000
70 000
70 000
Total tax
30 645
30 149
45 072
32 032
After tax
39 355
39 851
24 928
37 968
Living cost
31 900
31 900
31 900
31 900
Free-cash
7 455
7 951
-6 972
6 068

Estimated living cost  is ₽31900 per week

₽19136
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3258
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽569
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8937
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽55259
₽41959
₽49825
₽52459
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
70 000
microenterprise

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

-
-
-
700
total
-
-
-
700
Employee
17 552
-
70 000
-
income
3 511
-
14 000
-
total
3 511
-
14 000
-
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%.

52 448
70 000
-
-
total
-
-
-
-
Dividends
52 448
70 000
-
-
withholding
2 623
3 500
-
-
total
2 623
3 500
-
-
Income
70 000
70 000
70 000
70 000
Total tax
6 134
3 500
14 000
700
After tax
63 866
66 500
56 000
69 300
Living cost
14 041
14 041
14 041
14 041
Free-cash
49 825
52 459
41 959
55 259

Estimated living cost  is ₽14041 per week

₽9502
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽589
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.
₽3479
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽10713
₽8707
₽13010
₽21378
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
70 000
unemployment
-
-
-
104
health
-
-
-
6 888
income
-
-
-
12 693
pensions
-
-
-
12 783
total
-
-
-
32 468
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.

44 215
-
60 570
-
income
7 625
-
11 657
-
pensions
6 854
-
9 389
-
unemployment
63
-
85
-
health
2 856
-
3 913
-
total
17 398
-
25 044
-
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.

44 215
-
60 570
-
pensions
3 913
-
5 360
-
health
2 945
-
4 034
-
unemployment
27
-
36
-
total
6 885
-
9 430
-
Corporate
18 901
70 000
-
-
income
3 592
13 299
-
-
total
3 592
13 299
-
-
Dividends
15 309
56 701
-
-
withholding
2 296
8 504
-
-
total
2 296
8 504
-
-
Income
70 000
70 000
70 000
70 000
Total tax
30 171
21 803
34 474
32 468
After tax
39 829
48 197
35 526
37 532
Living cost
26 819
26 819
26 819
26 819
Free-cash
13 010
21 378
8 707
10 713

Estimated living cost  is ₽26819 per week

₽18406
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1719
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽520
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6176
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽5336
₽13838
-₽78730
-₽452
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
70 000
social contributions
-
-
-
7 980
income
-
-
-
13 644
total
-
-
-
21 624
Employee
61 714
-
-
-
income
13 613
-
-
-
social contributions
5 061
-
721
-
total
18 674
-
721
-
Employer
61 714
-
-
-
social contributions
87 016
-
12 401
-
total
87 016
-
12 401
-
Corporate
-
70 000
-
-
income
-
15 400
-
-
total
-
15 400
-
-
Dividends
-
54 600
-
-
income
-
12 012
-
-
total
-
12 012
-
-
Income
70 000
70 000
70 000
70 000
Total tax
105 690
27 412
13 122
21 624
After tax
-35 690
42 588
56 878
48 376
Living cost
43 040
43 040
43 040
43 040
Free-cash
-78 730
-452
13 838
5 336

Estimated living cost  is ₽43040 per week

₽27926
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4048
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽548
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10517
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽8542
₽6061
₽7446
₽8454
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
70 000
social contributions

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

-
-
-
24 326
income
-
-
-
5 769
surtax
-
-
-
-
total
-
-
-
30 095
Employee
45 987
-
56 566
-
income
9 565
-
12 920
-
social contributions
5 059
-
6 222
-
surtax
-
-
-
-
total
14 624
-
19 142
-
Employer
45 987
-
56 566
-
social contributions
10 922
-
13 434
-
total
10 922
-
13 434
-
Corporate
13 091
70 000
-
-
surtax
-
-
-
-
income
2 749
14 700
-
-
total
2 749
14 700
-
-
Dividends
10 342
55 300
-
-
withholding
2 896
15 483
-
-
total
2 896
15 483
-
-
Income
70 000
70 000
70 000
70 000
Total tax
31 191
30 183
32 576
30 095
After tax
38 809
39 817
37 424
39 905
Living cost
31 363
31 363
31 363
31 363
Free-cash
7 446
8 454
6 061
8 542

Estimated living cost  is ₽31363 per week

₽23466
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1850
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽524
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5524
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽6630
-₽6307
-₽12183
-₽13015
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
70 000
other
-
-
-
2 171
social contributions
-
-
-
1 994
health
-
-
-
607
income
-
-
-
3 761
surtax
-
-
-
-
pensions
-
-
-
19 804
total
-
-
-
28 337
Employee
62 625
-
53 340
-
income
5 464
-
3 801
-
pensions
7 083
-
6 034
-
social contributions
1 784
-
1 520
-
surtax
-
-
-
-
total
14 331
-
11 355
-
Employer
62 625
-
53 340
-
pensions
10 290
-
8 764
-
other
2 161
-
1 841
-
health
4 383
-
3 734
-
unemployment
2 537
-
2 161
-
social contributions
188
-
159
-
total
19 559
-
16 659
-
Corporate
-
70 000
-
-
surtax
-
-
-
-
income
-
19 601
-
-
total
-
19 601
-
-
Dividends
-
50 399
-
-
surtax
-
-
-
-
social contributions
-
8 670
-
-
withholding
-
6 451
-
-
total
-
15 121
-
-
Income
70 000
70 000
70 000
70 000
Total tax
33 890
34 722
28 014
28 337
After tax
36 110
35 278
41 986
41 663
Living cost
48 293
48 293
48 293
48 293
Free-cash
-12 183
-13 015
-6 307
-6 630

Estimated living cost  is ₽48293 per week

₽32684
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3951
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽662
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10996
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽24091
₽26055
₽29586
₽32944
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
70 000
social contributions
-
-
-
15 400
income
-
-
-
453
total
-
-
-
15 853
Employee
32 145
-
60 606
-
social contributions
2 089
-
3 939
-
income
-
-
556
-
total
2 089
-
4 495
-
Employer
32 145
-
60 606
-
social contributions
4 983
-
9 394
-
total
4 983
-
9 394
-
Corporate
32 872
70 000
-
-
income
3 286
7 000
-
-
total
3 286
7 000
-
-
Dividends
29 585
63 000
-
-
total
-
-
-
-
Income
70 000
70 000
70 000
70 000
Total tax
10 358
7 000
13 889
15 853
After tax
59 642
63 000
56 111
54 147
Living cost
30 056
30 056
30 056
30 056
Free-cash
29 586
32 944
26 055
24 091

Estimated living cost  is ₽30056 per week

₽19434
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2266
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.
₽7791
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽3541
-₽147924
-₽147924
-₽147924
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
70 000
municipal
-
-
-
12 007
national
-
-
-
6 966
labour market
-
-
-
5 531
pensions
-
-
-
867
total
-
-
-
25 371
Employee
203 314
203 314
203 314
-
labour market
16 242
16 242
16 242
-
pensions
289
289
289
-
national
24 839
24 839
24 839
-
municipal
43 295
43 295
43 295
-
total
84 665
84 665
84 665
-
Employer
203 314
203 314
203 314
-
pensions
578
578
578
-
municipal
43 364
43 364
43 364
-
national
24 882
24 882
24 882
-
labour market
16 265
16 265
16 265
-
total
85 089
85 089
85 089
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
70 000
70 000
70 000
70 000
Total tax
169 754
169 754
169 754
25 371
After tax
-99 754
-99 754
-99 754
44 629
Living cost
48 170
48 170
48 170
48 170
Free-cash
-147 924
-147 924
-147 924
-3 541

Estimated living cost  is ₽48170 per week

₽32968
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4261
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽741
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10200
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽26641
₽14320
₽2359
-₽15921
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
70 000
other
-
-
-
369
accident
-
-
-
252
health
-
-
-
2 172
income
-
-
-
14 830
pensions
-
-
-
4 145
total
-
-
-
21 768
Employee
33 964
-
58 149
-
income
4 659
-
9 032
-
pensions
3 825
-
6 548
-
health
3 889
-
6 658
-
total
12 373
-
22 238
-
Employer
33 964
-
58 149
-
pensions
5 522
-
9 455
-
accident
567
-
971
-
unemployment
832
-
1 425
-
total
6 921
-
11 851
-
Corporate
29 115
70 000
-
-
income

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

26 203
63 000
-
-
total
26 203
63 000
-
-
Dividends
2 912
7 000
-
-
withholding
553
1 330
-
-
total
553
1 330
-
-
Income
70 000
70 000
70 000
70 000
Total tax
46 050
64 330
34 089
21 768
After tax
23 950
5 670
35 911
48 232
Living cost
21 591
21 591
21 591
21 591
Free-cash
2 359
-15 921
14 320
26 641

Estimated living cost  is ₽21591 per week

₽15716
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1231
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽405
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4239
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽14148
₽3919
₽5170
₽9536
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
70 000
municipal
-
-
-
12 482
health
-
-
-
660
national
-
-
-
4 322
total
-
-
-
17 464
Employee
52 606
-
58 886
-
pensions
3 550
-
3 975
-
national
869
-
1 596
-
municipal
8 616
-
9 637
-
unemployment
789
-
884
-
health
393
-
490
-
total
14 217
-
16 582
-
Employer
52 606
-
58 886
-
pensions
9 127
-
10 216
-
accident
53
-
59
-
health
404
-
453
-
unemployment
342
-
383
-
total
9 926
-
11 111
-
Corporate
7 468
70 000
-
-
income
1 493
14 000
-
-
total
1 493
14 000
-
-
Dividends

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

4 481
42 000
-
-
municipal
806
7 560
-
-
national
-
516
-
-
total
806
8 076
-
-
Income
70 000
70 000
70 000
70 000
Total tax
26 442
22 076
27 693
17 464
After tax
43 558
47 924
42 307
52 536
Living cost
38 388
38 388
38 388
38 388
Free-cash
5 170
9 536
3 919
14 148

Estimated living cost  is ₽38388 per week

₽25075
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3692
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽611
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9011
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽29877
₽26528
₽22820
₽24241
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
70 000
social contributions
-
-
-
10 920
health
-
-
-
1 786
income
-
-
-
4 267
total
-
-
-
16 973
Employee
76 887
76 887
76 887
-
income
8 372
7 117
7 516
-
social contributions
2 907
6 381
5 275
-
health
596
1 307
1 080
-
total
11 875
14 805
13 871
-
Employer
76 887
76 887
76 887
-
health
647
1 423
1 176
-
social contributions
2 907
6 381
5 275
-
total
3 554
7 804
6 451
-
Corporate
31 421
-
-
-
income
3 928
-
-
-
total
3 928
-
-
-
Dividends
27 494
-
-
-
withholding
4 673
-
-
-
total
4 673
-
-
-
Income
70 000
70 000
70 000
70 000
Total tax
24 030
22 609
20 322
16 973
After tax
45 970
47 391
49 678
53 027
Living cost
23 150
23 150
23 150
23 150
Free-cash
22 820
24 241
26 528
29 877

Estimated living cost  is ₽23150 per week

₽13874
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2271
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽512
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6493
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽37872
₽27403
₽37003
₽42093
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
70 000
unemployment
-
-
-
28
health
-
-
-
3 618
income
-
-
-
6 247
pensions
-
-
-
6 360
total
-
-
-
16 253
Employee

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

22 951
-
63 463
-
income
1 569
-
4 953
-
pensions
3 442
-
9 520
-
unemployment
114
-
317
-
health
1 951
-
5 395
-
total
7 076
-
20 185
-
Employer

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

22 951
-
63 463
-
pensions
1 262
-
3 491
-
health
987
-
2 729
-
unemployment
114
-
317
-
total
2 363
-
6 537
-
Corporate
44 687
70 000
-
-
income
4 023
6 300
-
-
total
4 023
6 300
-
-
Dividends
40 664
63 700
-
-
withholding
3 660
5 732
-
-
total
3 660
5 732
-
-
Income
70 000
70 000
70 000
70 000
Total tax
17 122
12 032
26 722
16 253
After tax
52 878
57 968
43 278
53 747
Living cost
15 875
15 875
15 875
15 875
Free-cash
37 003
42 093
27 403
37 872

Estimated living cost  is ₽15875 per week

₽10129
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1144
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽472
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4129
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽10285
₽10782
₽14493
₽19736
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
70 000
other
-
-
-
70
unemployment
-
-
-
490
accident
-
-
-
630
income
-
-
-
11 219
pensions
-
-
-
19 810
total
-
-
-
32 219
Employee
36 972
-
53 076
-
income
7 128
-
11 431
-
pensions
1 738
-
2 495
-
unemployment
573
-
824
-
other
36
-
53
-
total
9 475
-
14 803
-
Employer
36 972
-
53 076
-
pensions
8 725
-
12 525
-
other
296
-
425
-
accident
732
-
1 051
-
unemployment
2 034
-
2 918
-
total
11 787
-
16 919
-
Corporate
21 241
70 000
-
-
income

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

3 186
10 501
-
-
total
3 186
10 501
-
-
Dividends
18 055
59 499
-
-
withholding
3 563
12 267
-
-
total
3 563
12 267
-
-
Income
70 000
70 000
70 000
70 000
Total tax
28 011
22 768
31 722
32 219
After tax
41 989
47 232
38 278
37 781
Living cost
27 496
27 496
27 496
27 496
Free-cash
14 493
19 736
10 782
10 285

Estimated living cost  is ₽27496 per week

₽18559
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2643
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽482
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5812
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽41154
₽40958
₽40492
₽40942
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
70 000
health
-
-
-
1 448
income
-
-
-
22 663
pensions
-
-
-
1 997
total
-
-
-
26 108
Employee
4 171
-
67 753
-
income
807
-
22 558
-
pensions
375
-
899
-
unemployment
42
-
100
-
health
209
-
499
-
total
1 433
-
24 056
-
Employer
4 171
-
67 753
-
pensions
459
-
1 099
-
health
396
-
949
-
unemployment
83
-
200
-
total
938
-
2 248
-
Corporate
64 891
70 000
-
-
income
14 276
15 400
-
-
total
14 276
15 400
-
-
Dividends
50 615
54 600
-
-
withholding
10 123
10 920
-
-
total
10 123
10 920
-
-
Income
70 000
70 000
70 000
70 000
Total tax
26 770
26 320
26 304
26 108
After tax
43 230
43 680
43 696
43 892
Living cost
2 738
2 738
2 738
2 738
Free-cash
40 492
40 942
40 958
41 154

Estimated living cost  is ₽2738 per week

₽1627
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽222
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.
₽826
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽16989
₽19680
₽28362
₽33282
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
70 000
unemployment
-
-
-
1 050
health
-
-
-
7 210
income
-
-
-
9 258
pensions
-
-
-
18 200
total
-
-
-
35 718
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.

26 076
-
59 372
-
income
3 594
-
10 584
-
pensions
3 651
-
8 312
-
unemployment
196
-
445
-
health
1 343
-
3 058
-
total
8 784
-
22 399
-
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.

26 076
-
59 372
-
pensions
3 129
-
7 125
-
health
1 343
-
3 058
-
unemployment
196
-
445
-
total
4 668
-
10 628
-
Corporate
39 256
70 000
-
-
income
5 888
10 500
-
-
total
5 888
10 500
-
-
Dividends
33 368
59 500
-
-
withholding
5 005
8 925
-
-
total
5 005
8 925
-
-
Income
70 000
70 000
70 000
70 000
Total tax
24 345
19 425
33 027
35 718
After tax
45 655
50 575
36 973
34 282
Living cost
17 293
17 293
17 293
17 293
Free-cash
28 362
33 282
19 680
16 989

Estimated living cost  is ₽17293 per week

₽11643
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1338
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.
₽3811
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽12949
₽10468
₽12500
₽12861
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
70 000
social contributions

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

-
-
-
24 326
income
-
-
-
5 769
surtax
-
-
-
-
total
-
-
-
30 095
Employee
38 808
-
56 566
-
income
7 583
-
12 920
-
social contributions
4 269
-
6 222
-
surtax
-
-
-
-
total
11 852
-
19 142
-
Employer
38 808
-
56 566
-
social contributions
9 216
-
13 434
-
total
9 216
-
13 434
-
Corporate
21 976
70 000
-
-
surtax
-
-
-
-
income
4 615
14 700
-
-
total
4 615
14 700
-
-
Dividends
17 361
55 300
-
-
withholding
4 861
15 483
-
-
total
4 861
15 483
-
-
Income
70 000
70 000
70 000
70 000
Total tax
30 544
30 183
32 576
30 095
After tax
39 456
39 817
37 424
39 905
Living cost
26 956
26 956
26 956
26 956
Free-cash
12 500
12 861
10 468
12 949

Estimated living cost  is ₽26956 per week

₽19092
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1873
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽478
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5514
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽2641
₽3138
₽4349
₽12092
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
70 000
other
-
-
-
70
unemployment
-
-
-
490
accident
-
-
-
630
income
-
-
-
11 219
pensions
-
-
-
19 810
total
-
-
-
32 219
Employee
48 290
-
53 076
-
income
10 086
-
11 431
-
pensions
2 269
-
2 495
-
unemployment
748
-
824
-
other
47
-
53
-
total
13 150
-
14 803
-
Employer
48 290
-
53 076
-
pensions
11 396
-
12 525
-
other
387
-
425
-
accident
956
-
1 051
-
unemployment
2 656
-
2 918
-
total
15 395
-
16 919
-
Corporate
6 314
70 000
-
-
income

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

947
10 501
-
-
total
947
10 501
-
-
Dividends
5 367
59 499
-
-
withholding
1 019
12 267
-
-
total
1 019
12 267
-
-
Income
70 000
70 000
70 000
70 000
Total tax
30 511
22 768
31 722
32 219
After tax
39 489
47 232
38 278
37 781
Living cost
35 140
35 140
35 140
35 140
Free-cash
4 349
12 092
3 138
2 641

Estimated living cost  is ₽35140 per week

₽25236
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2732
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽495
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6677
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽32979
₽34581
₽36561
₽42653
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
70 000
unemployment
-
-
-
140
health
-
-
-
4 016
income
-
-
-
10 500
pensions

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

-
-
-
5 168
total
-
-
-
19 824
Employee
22 772
-
63 149
-
income
2 278
-
6 315
-
pensions

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

1 999
-
3 066
-
health
1 048
-
1 606
-
accident

We are using the highest rate at 1.1%.

250
-
384
-
total
5 575
-
11 371
-
Employer
22 772
-
63 149
-
pensions

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

2 509
-
3 848
-
accident

We are using the highest rate at 1.1%.

250
-
384
-
health
1 571
-
2 409
-
unemployment
137
-
210
-
total
4 467
-
6 851
-
Corporate
42 760
70 000
-
-
income
4 276
7 000
-
-
total
4 276
7 000
-
-
Dividends
38 484
63 000
-
-
withholding
1 924
3 150
-
-
total
1 924
3 150
-
-
Income
70 000
70 000
70 000
70 000
Total tax
16 242
10 150
18 222
19 824
After tax
53 758
59 850
51 778
50 176
Living cost
17 197
17 197
17 197
17 197
Free-cash
36 561
42 653
34 581
32 979

Estimated living cost  is ₽17197 per week

₽11374
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽985
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽410
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4429
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽10488
₽13862
₽10676
-₽2403
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
70 000
trade
-
-
-
3 374
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.

-
-
-
6 831
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.

-
-
-
10 146
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.

-
-
-
558
total
-
-
-
20 909
Employee

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

49 751
-
70 000
-
surtax

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

226
-
558
-
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.

4 091
-
10 146
-
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.

6 831
-
6 831
-
total
11 148
-
17 535
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
20 249
70 000
-
-
trade
2 905
10 045
-
-
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.

167
577
-
-
income
3 038
10 501
-
-
chamber of commerce
182
254
-
-
total
6 292
21 377
-
-
Dividends
13 957
48 623
-
-
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.

171
647
-
-
withholding
3 110
11 776
-
-
total
3 281
12 423
-
-
Income
70 000
70 000
70 000
70 000
Total tax
20 721
33 800
17 535
20 909
After tax
49 279
36 200
52 465
49 091
Living cost
38 603
38 603
38 603
38 603
Free-cash
10 676
-2 403
13 862
10 488

Estimated living cost  is ₽38603 per week

₽26629
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4154
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽560
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7260
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽4024
-₽4024
-₽8215
-₽7957
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
70 000
social contributions
-
-
-
5 594
income
-
-
-
11 472
total
-
-
-
17 066
Employee
78 213
-
70 000
-
social contributions
6 498
-
5 594
-
income
14 759
-
11 472
-
total
21 257
-
17 066
-
Employer
78 213
-
70 000
-
total
-
-
-
-
Corporate
-
70 000
-
-
income
-
8 749
-
-
total
-
8 749
-
-
Dividends
-
61 251
-
-
withholding
-
12 250
-
-
total
-
12 250
-
-
Income
70 000
70 000
70 000
70 000
Total tax
21 257
20 999
17 066
17 066
After tax
48 743
49 001
52 934
52 934
Living cost
56 958
56 958
56 958
56 958
Free-cash
-8 215
-7 957
-4 024
-4 024

Estimated living cost  is ₽56958 per week

₽43333
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4641
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽545
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8440
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽1433
₽14647
₽9713
₽3921
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
70 000
health

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

-
-
-
6 675
income
-
-
-
28 462
total
-
-
-
35 137
Employee
45 869
-
65 401
-
social contributions
4 596
-
4 599
-
income
4 977
-
9 859
-
total
9 573
-
14 458
-
Employer
45 869
-
65 401
-
social contributions
4 596
-
4 599
-
total
4 596
-
4 599
-
Corporate
19 535
70 000
-
-
income
6 837
24 500
-
-
total
6 837
24 500
-
-
Dividends
12 699
45 500
-
-
social contributions
2 985
5 283
-
-
total
2 985
5 283
-
-
Income
70 000
70 000
70 000
70 000
Total tax
23 991
29 783
19 057
35 137
After tax
46 009
40 217
50 943
34 863
Living cost
36 296
36 296
36 296
36 296
Free-cash
9 713
3 921
14 647
-1 433

Estimated living cost  is ₽36296 per week

₽23908
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2861
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽556
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8969
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽14951
₽7473
₽9421
₽15097
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
70 000
income
-
-
-
13 075
pensions
-
-
-
4 622
total
-
-
-
17 697
Employee
51 271
-
62 140
-
income
9 337
-
11 206
-
pensions
3 913
-
5 218
-
health
669
-
892
-
total
13 919
-
17 316
-
Employer
51 271
-
62 140
-
pensions
5 180
-
6 679
-
health
974
-
1 180
-
total
6 154
-
7 859
-
Corporate
12 574
70 000
-
-
income

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

2 390
13 299
-
-
total
2 390
13 299
-
-
Dividends
10 185
56 701
-
-
withholding
764
4 252
-
-
total
764
4 252
-
-
Income
70 000
70 000
70 000
70 000
Total tax
23 227
17 551
25 175
17 697
After tax
46 773
52 449
44 825
52 303
Living cost
37 352
37 352
37 352
37 352
Free-cash
9 421
15 097
7 473
14 951

Estimated living cost  is ₽37352 per week

₽25623
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3435
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽467
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7824
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽24504
₽12183
₽2031
-₽18058
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
70 000
other
-
-
-
369
accident
-
-
-
252
health
-
-
-
2 172
income
-
-
-
14 830
pensions
-
-
-
4 145
total
-
-
-
21 768
Employee
37 325
-
58 149
-
income
5 121
-
9 032
-
pensions
4 203
-
6 548
-
health
4 274
-
6 658
-
total
13 598
-
22 238
-
Employer
37 325
-
58 149
-
pensions
6 069
-
9 455
-
accident
623
-
971
-
unemployment
914
-
1 425
-
total
7 606
-
11 851
-
Corporate
25 068
70 000
-
-
income

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

22 561
63 000
-
-
total
22 561
63 000
-
-
Dividends
2 507
7 000
-
-
withholding
476
1 330
-
-
total
476
1 330
-
-
Income
70 000
70 000
70 000
70 000
Total tax
44 241
64 330
34 089
21 768
After tax
25 759
5 670
35 911
48 232
Living cost
23 728
23 728
23 728
23 728
Free-cash
2 031
-18 058
12 183
24 504

Estimated living cost  is ₽23728 per week

₽17414
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1383
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽478
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4454
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽27312
₽27312
₽41139
₽45999
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
70 000
work injury
-
-
-
350
unemployment
-
-
-
840
income
-
-
-
9 937
health insurance
-
-
-
5 180
pensions
-
-
-
12 880
total
-
-
-
29 187
Employee

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

21 601
-
70 000
-
income
2 160
-
9 937
-
work injury
108
-
350
-
pensions
3 975
-
12 880
-
unemployment
259
-
840
-
health insurance
1 598
-
5 180
-
total
8 100
-
29 187
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
48 399
70 000
-
-
income

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

-
-
-
-
total
-
-
-
-
Dividends
48 399
70 000
-
-
withholding
7 260
10 500
-
-
total
7 260
10 500
-
-
Income
70 000
70 000
70 000
70 000
Total tax
15 360
10 500
29 187
29 187
After tax
54 640
59 500
40 813
40 813
Living cost
13 501
13 501
13 501
13 501
Free-cash
41 139
45 999
27 312
27 312

Estimated living cost  is ₽13501 per week

₽8364
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽981
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽421
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3735
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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

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Rome , Italy
-₽2342
-₽6226
-₽14258
-₽2961
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
70 000
social contributions
-
-
-
18 003
municipal
-
-
-
469
national
-
-
-
12 901
regional
-
-
-
1 136
total
-
-
-
32 509
Employee
84 257
-
70 000
-
national
14 239
-
11 389
-
social contributions
28 411
-
23 605
-
municipal
503
-
417
-
regional
1 272
-
982
-
total
44 425
-
36 393
-
Employer
84 257
-
70 000
-
total
-
-
-
-
Corporate
-
70 000
-
-
nationa
-
16 800
-
-
municipal
-
3 374
-
-
total
-
20 174
-
-
Dividends
-
49 826
-
-
withholding
-
12 954
-
-
total
-
12 954
-
-
Income
70 000
70 000
70 000
70 000
Total tax
44 425
33 128
36 393
32 509
After tax
25 575
36 872
33 607
37 491
Living cost
39 833
39 833
39 833
39 833
Free-cash
-14 258
-2 961
-6 226
-2 342

Estimated living cost  is ₽39833 per week

₽27980
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2740
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.
₽8510
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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