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
₽ 70500
per

Your estimated
City
free-cash

Dresden , Germany
₽9079
₽25313
₽18800
₽20644
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
70 500
trade
-
-
-
4 669
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.

-
-
-
655
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.

-
-
-
11 913
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.

-
-
-
6 003
total
-
-
-
23 240
Employee

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

33 609
-
70 500
-
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.

939
-
11 913
-
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.

52
-
655
-
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.

6 003
-
6 003
-
total
6 994
-
18 571
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
36 891
70 500
-
-
income
5 533
10 576
-
-
surtax

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

303
582
-
-
trade
5 810
11 104
-
-
chamber of commerce
187
235
-
-
total
11 833
22 497
-
-
Dividends
25 058
48 003
-
-
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.

327
642
-
-
withholding
5 930
11 666
-
-
total
6 257
12 308
-
-
Income
70 500
70 500
70 500
70 500
Total tax
25 084
34 805
18 571
23 240
After tax
45 416
35 695
51 929
47 260
Living cost
26 616
26 616
26 616
26 616
Free-cash
18 800
9 079
25 313
20 644

Estimated living cost  is ₽26616 per week

₽16742
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3103
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽497
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6273
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽2414
-₽2623
-₽7967
-₽3176
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
70 500
social contributions
-
-
-
758
pensions
-
-
-
8 460
municipal
-
-
-
7 080
national
-
-
-
10 972
total
-
-
-
27 270
Employee
71 938
-
60 947
-
pensions
2 878
-
2 438
-
national
13 769
-
11 395
-
municipal
8 886
-
7 353
-
total
25 533
-
21 186
-
Employer
71 938
-
60 947
-
social contributions
773
-
655
-
pensions
5 755
-
4 876
-
total
6 528
-
5 531
-
Corporate
-
70 500
-
-
income

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

-
14 100
-
-
total
-
14 100
-
-
Dividends
-
56 400
-
-
withholding
-
12 408
-
-
total
-
12 408
-
-
Income
70 500
70 500
70 500
70 500
Total tax
32 061
26 508
26 717
27 270
After tax
38 439
43 992
43 783
43 230
Living cost
46 406
46 406
46 406
46 406
Free-cash
-7 967
-2 414
-2 623
-3 176

Estimated living cost  is ₽46406 per week

₽31542
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4314
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽695
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9856
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38118
₽21654
₽30911
₽19552
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
70 500
surtax
-
-
-
-
microenterprise
-
-
-
-
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.

-
-
-
22 665
income
-
-
-
10 002
total
-
-
-
32 667
Employee
25 677
-
56 813
-
income
4 571
-
10 629
-
surtax
-
-
-
-
social contributions

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

2 825
-
6 250
-
total
7 396
-
16 879
-
Employer
25 677
-
56 813
-
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.

6 185
-
13 686
-
surtax
-
-
-
-
total
6 185
-
13 686
-
Corporate
38 638
70 500
-
-
income

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

7 727
14 101
-
-
total
7 727
14 101
-
-
Dividends

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

30 911
56 399
-
-
total
-
-
-
-
Income
70 500
70 500
70 500
70 500
Total tax
21 308
14 101
30 565
32 667
After tax
49 192
56 399
39 935
37 833
Living cost
18 281
18 281
18 281
18 281
Free-cash
30 911
38 118
21 654
19 552

Estimated living cost  is ₽18281 per week

₽11663
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1741
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽415
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4462
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽11826
-₽16759
-₽16759
₽3302
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
70 500
health
-
-
-
9 538
pensions
-
-
-
10 295
income
-
-
-
10 554
total
-
-
-
30 387
Employee
75 039
75 039
75 039
-
pensions
13 507
10 295
13 507
-
income

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

12 283
12 283
12 283
-
health
11 518
9 797
11 518
-
total
37 308
32 375
37 308
-
Employer
75 039
75 039
75 039
-
unemployment
2 701
2 701
2 701
-
health
5 216
5 216
5 216
-
pensions
5 223
5 223
5 223
-
total
13 140
13 140
13 140
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
70 500
70 500
70 500
70 500
Total tax
50 448
45 515
50 448
30 387
After tax
20 052
24 985
20 052
40 113
Living cost
36 811
36 811
36 811
36 811
Free-cash
-16 759
-11 826
-16 759
3 302

Estimated living cost  is ₽36811 per week

₽26087
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3318
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽585
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6820
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽2226
₽1381
₽1413
-₽1124
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
70 500
health
-
-
-
4 399
accident
-
-
-
141
unemployment
-
-
-
71
pensions
-
-
-
7 621
municipal
-
-
-
14 933
other
-
-
-
8 192
national
-
-
-
-
total
-
-
-
35 357
Employee
51 678
-
53 644
-
national
-
-
-
-
municipal
15 410
-
15 997
-
total
15 410
-
15 997
-
Employer
51 678
-
53 644
-
other
6 005
-
6 234
-
unemployment
1 364
-
1 416
-
health
3 178
-
3 299
-
accident
103
-
107
-
pensions
5 586
-
5 799
-
total
16 236
-
16 855
-
Corporate
2 585
70 500
-
-
income
569
15 510
-
-
total
569
15 510
-
-
Dividends
2 017
54 990
-
-
withholding
605
16 497
-
-
total
605
16 497
-
-
Income
70 500
70 500
70 500
70 500
Total tax
32 820
32 007
32 852
35 357
After tax
37 680
38 493
37 648
35 143
Living cost
36 267
36 267
36 267
36 267
Free-cash
1 413
2 226
1 381
-1 124

Estimated living cost  is ₽36267 per week

₽24037
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3559
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽551
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8121
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽812
₽17409
₽13163
₽12533
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
70 500
trade
-
-
-
4 876
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.

-
-
-
655
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.

-
-
-
11 913
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.

-
-
-
6 003
total
-
-
-
23 447
Employee

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

44 562
-
70 500
-
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.

3 829
-
11 913
-
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.

210
-
655
-
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.

6 003
-
6 003
-
total
10 042
-
18 571
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
25 938
70 500
-
-
income
3 890
10 576
-
-
surtax

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

213
582
-
-
trade
4 267
11 598
-
-
chamber of commerce
170
233
-
-
total
8 540
22 989
-
-
Dividends
17 397
47 511
-
-
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.

220
635
-
-
withholding
4 015
11 544
-
-
total
4 235
12 179
-
-
Income
70 500
70 500
70 500
70 500
Total tax
22 817
35 168
18 571
23 447
After tax
47 683
35 332
51 929
47 053
Living cost
34 520
34 520
34 520
34 520
Free-cash
13 163
812
17 409
12 533

Estimated living cost  is ₽34520 per week

₽23087
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3640
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽515
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7277
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽22128
₽22740
₽19562
₽23616
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
70 500
social contributions
-
-
-
10 997
income
-
-
-
5 588
health
-
-
-
1 798
total
-
-
-
18 383
Employee
67 570
67 570
67 570
-
income
7 095
6 255
6 362
-
social contributions
3 283
5 608
5 313
-
health
672
1 149
1 087
-
total
11 050
13 012
12 762
-
Employer
67 570
67 570
67 570
-
social contributions
3 283
5 608
5 313
-
health
732
1 251
1 184
-
total
4 015
6 859
6 497
-
Corporate
26 932
-
-
-
income
3 367
-
-
-
total
3 367
-
-
-
Dividends
23 566
-
-
-
withholding
4 005
-
-
-
total
4 005
-
-
-
Income
70 500
70 500
70 500
70 500
Total tax
22 437
19 871
19 259
18 383
After tax
48 063
50 629
51 241
52 117
Living cost
28 501
28 501
28 501
28 501
Free-cash
19 562
22 128
22 740
23 616

Estimated living cost  is ₽28501 per week

₽19484
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2226
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽479
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6313
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽22235
₽23291
₽22601
₽31260
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
70 500
health
-
-
-
4 935
unemployment
-
-
-
1 058
pensions
-
-
-
7 050
income
-
-
-
8 619
total
-
-
-
21 662
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.

25 375
10 099
58 996
-
pensions
2 537
1 010
5 900
-
income
3 102
1 235
7 212
-
unemployment
381
151
885
-
health
1 776
707
4 130
-
total
7 796
3 103
18 127
-
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.

25 375
10 099
58 996
-
pensions
4 948
1 969
11 504
-
total
4 948
1 969
11 504
-
Corporate
40 177
58 432
-
-
income
3 616
5 259
-
-
total
3 616
5 259
-
-
Dividends
36 561
53 173
-
-
social contributions
7 014
10 253
-
-
withholding
6 947
10 103
-
-
total
13 961
20 356
-
-
Income
70 500
70 500
70 500
70 500
Total tax
30 321
30 687
29 631
21 662
After tax
40 179
39 813
40 869
48 838
Living cost
17 578
17 578
17 578
17 578
Free-cash
22 601
22 235
23 291
31 260

Estimated living cost  is ₽17578 per week

₽11996
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.
₽351
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3793
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Budapest model

Close
Tallinn , Estonia
₽35175
₽19410
₽29717
₽16565
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
70 500
pensions
-
-
-
14 099
income
-
-
-
9 447
health
-
-
-
9 165
total
-
-
-
32 711
Employee
24 928
-
52 689
-
pensions
499
-
1 054
-
income
2 806
-
10 159
-
unemployment
399
-
844
-
total
3 704
-
12 057
-
Employer
24 928
-
52 689
-
unemployment
200
-
422
-
health
3 240
-
6 850
-
pensions
4 986
-
10 537
-
total
8 426
-
17 809
-
Corporate
37 146
70 500
-
-
income
7 429
14 101
-
-
total
7 429
14 101
-
-
Dividends
29 717
56 399
-
-
total
-
-
-
-
Income
70 500
70 500
70 500
70 500
Total tax
19 559
14 101
29 866
32 711
After tax
50 941
56 399
40 634
37 789
Living cost
21 224
21 224
21 224
21 224
Free-cash
29 717
35 175
19 410
16 565

Estimated living cost  is ₽21224 per week

₽14558
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1264
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽427
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4976
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽13869
₽15980
₽2708
₽28925
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
70 500
health
-
-
-
1 941
accident
-
-
-
225
pensions
-
-
-
3 703
other
-
-
-
330
income
-
-
-
15 797
total
-
-
-
21 996
Employee
30 799
-
58 564
-
pensions
3 468
-
6 594
-
income
4 225
-
9 705
-
health
3 526
-
6 706
-
total
11 219
-
23 005
-
Employer
30 799
-
58 564
-
unemployment
755
-
1 435
-
accident
514
-
978
-
pensions
5 008
-
9 523
-
total
6 277
-
11 936
-
Corporate
33 425
70 500
-
-
income

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

30 082
63 450
-
-
total
30 082
63 450
-
-
Dividends
3 343
7 050
-
-
withholding
635
1 340
-
-
total
635
1 340
-
-
Income
70 500
70 500
70 500
70 500
Total tax
48 213
64 790
34 941
21 996
After tax
22 287
5 710
35 559
48 504
Living cost
19 579
19 579
19 579
19 579
Free-cash
2 708
-13 869
15 980
28 925

Estimated living cost  is ₽19579 per week

₽14350
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1085
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽409
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3736
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59741
₽49166
₽58385
₽62561
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
70 500
microenterprise

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

-
-
-
705
total
-
-
-
705
Employee
9 043
-
70 500
-
income
1 808
-
14 100
-
total
1 808
-
14 100
-
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%.

61 457
70 500
-
-
total
-
-
-
-
Dividends
61 457
70 500
-
-
withholding
3 073
3 525
-
-
total
3 073
3 525
-
-
Income
70 500
70 500
70 500
70 500
Total tax
4 881
3 525
14 100
705
After tax
65 619
66 975
56 400
69 795
Living cost
7 234
7 234
7 234
7 234
Free-cash
58 385
59 741
49 166
62 561

Estimated living cost  is ₽7234 per week

₽4483
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽601
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽199
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽1951
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28383
₽17908
₽22446
₽14760
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
70 500
health
-
-
-
3 102
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.

-
-
-
16 921
other
-
-
-
3 348
income
-
-
-
8 955
total
-
-
-
32 326
Employee
31 906
-
56 309
-
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.

2 233
-
3 942
-
income
5 493
-
9 693
-
unemployment
319
-
564
-
health
447
-
789
-
total
8 492
-
14 988
-
Employer
31 906
-
56 309
-
other
1 596
-
2 815
-
unemployment
319
-
564
-
health
447
-
789
-
accident
255
-
450
-
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.

5 425
-
9 572
-
total
8 042
-
14 190
-
Corporate
30 554
70 500
-
-
income
6 417
14 804
-
-
total
6 417
14 804
-
-
Dividends
24 137
55 696
-
-
withholding
1 689
3 899
-
-
total
1 689
3 899
-
-
Income
70 500
70 500
70 500
70 500
Total tax
24 640
18 703
29 178
32 326
After tax
45 860
51 797
41 322
38 174
Living cost
23 414
23 414
23 414
23 414
Free-cash
22 446
28 383
17 908
14 760

Estimated living cost  is ₽23414 per week

₽16544
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1581
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽377
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4913
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽5576
-₽13700
-₽23447
-₽5906
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
70 500
pensions
-
-
-
4 886
income
-
-
-
13 123
total
-
-
-
18 009
Employee
82 623
-
62 356
-
pensions
7 971
-
5 538
-
income
14 894
-
11 175
-
health
1 361
-
946
-
total
24 226
-
17 659
-
Employer
82 623
-
62 356
-
health
1 569
-
1 185
-
pensions
9 755
-
6 959
-
total
11 324
-
8 144
-
Corporate
-
70 500
-
-
income

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

-
13 396
-
-
total
-
13 396
-
-
Dividends
-
57 104
-
-
withholding
-
4 283
-
-
total
-
4 283
-
-
Income
70 500
70 500
70 500
70 500
Total tax
35 550
17 679
25 803
18 009
After tax
34 950
52 821
44 697
52 491
Living cost
58 397
58 397
58 397
58 397
Free-cash
-23 447
-5 576
-13 700
-5 906

Estimated living cost  is ₽58397 per week

₽43758
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6861
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽475
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7304
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽48777
₽42104
₽44703
₽40245
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
70 500
health
-
-
-
3 523
unemployment
-
-
-
123
pensions

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

-
-
-
4 534
income
-
-
-
10 575
total
-
-
-
18 755
Employee
15 228
-
64 489
-
pensions

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

1 337
-
2 690
-
income
1 523
-
6 449
-
accident

We are using the highest rate at 1.1%.

168
-
337
-
health
700
-
1 409
-
total
3 728
-
10 885
-
Employer
15 228
-
64 489
-
unemployment
91
-
184
-
health
1 051
-
2 114
-
accident

We are using the highest rate at 1.1%.

168
-
337
-
pensions

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

1 678
-
3 376
-
total
2 988
-
6 011
-
Corporate
52 284
70 500
-
-
income
5 228
7 050
-
-
total
5 228
7 050
-
-
Dividends
47 056
63 450
-
-
withholding
2 353
3 173
-
-
total
2 353
3 173
-
-
Income
70 500
70 500
70 500
70 500
Total tax
14 297
10 223
16 896
18 755
After tax
56 203
60 277
53 604
51 745
Living cost
11 500
11 500
11 500
11 500
Free-cash
44 703
48 777
42 104
40 245

Estimated living cost  is ₽11500 per week

₽6714
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽821
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽305
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3660
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽23742
-₽28675
-₽25233
-₽8614
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
70 500
health
-
-
-
9 538
pensions
-
-
-
10 295
income
-
-
-
10 554
total
-
-
-
30 387
Employee
81 469
75 039
75 039
-
pensions
10 295
10 295
13 507
-
income

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

12 283
12 283
12 283
-
health
10 164
9 797
11 518
-
total
32 742
32 375
37 308
-
Employer
81 469
75 039
75 039
-
unemployment
2 933
2 701
2 701
-
health
5 661
5 216
5 216
-
pensions
5 670
5 223
5 223
-
total
14 264
13 140
13 140
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
70 500
70 500
70 500
70 500
Total tax
47 006
45 515
50 448
30 387
After tax
23 494
24 985
20 052
40 113
Living cost
48 727
48 727
48 727
48 727
Free-cash
-25 233
-23 742
-28 675
-8 614

Estimated living cost  is ₽48727 per week

₽35944
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4352
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽559
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7872
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽26719
₽13956
₽18935
₽12518
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
70 500
solidarity contribution
-
-
-
-
social contributions
-
-
-
20 586
income
-
-
-
6 059
health
-
-
-
9 517
total
-
-
-
36 162
Employee
32 089
-
52 612
-
income
3 851
-
6 313
-
solidarity contribution
-
-
-
-
social contributions
2 086
-
3 420
-
health
4 332
-
7 103
-
total
10 269
-
16 836
-
Employer
32 089
-
52 612
-
social contributions
8 022
-
13 153
-
health
2 888
-
4 735
-
total
10 910
-
17 888
-
Corporate
27 501
70 500
-
-
income
5 225
13 395
-
-
total
5 225
13 395
-
-
Dividends
22 276
57 105
-
-
withholding
3 341
8 566
-
-
total
3 341
8 566
-
-
Income
70 500
70 500
70 500
70 500
Total tax
29 745
21 961
34 724
36 162
After tax
40 755
48 539
35 776
34 338
Living cost
21 820
21 820
21 820
21 820
Free-cash
18 935
26 719
13 956
12 518

Estimated living cost  is ₽21820 per week

₽15157
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1552
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.
₽4682
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽535
-₽2995
-₽7596
₽358
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
70 500
regional
-
-
-
749
social contributions
-
-
-
18 133
municipal
-
-
-
419
national
-
-
-
13 762
total
-
-
-
33 063
Employee
78 096
-
70 500
-
regional
737
-
650
-
national
13 532
-
11 619
-
municipal
414
-
374
-
social contributions
26 334
-
23 773
-
total
41 017
-
36 416
-
Employer
78 096
-
70 500
-
total
-
-
-
-
Corporate
-
70 500
-
-
nationa
-
16 921
-
-
municipal
-
2 750
-
-
total
-
19 671
-
-
Dividends
-
50 830
-
-
withholding
-
13 215
-
-
total
-
13 215
-
-
Income
70 500
70 500
70 500
70 500
Total tax
41 017
32 886
36 416
33 063
After tax
29 483
37 614
34 084
37 437
Living cost
37 079
37 079
37 079
37 079
Free-cash
-7 596
535
-2 995
358

Estimated living cost  is ₽37079 per week

₽25847
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2431
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.
₽8231
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽24954
₽17204
₽22220
₽18663
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
70 500
surtax
-
-
-
1 202
health
-
-
-
5 006
unemployment
-
-
-
200
pensions
-
-
-
14 101
other
-
-
-
-
income
-
-
-
11 938
total
-
-
-
32 447
Employee
29 059
-
58 240
-
pensions
1 938
-
3 885
-
income
4 871
-
11 154
-
surtax
95
-
1 067
-
unemployment
2 023
-
4 054
-
other
-
-
-
-
health
742
-
1 486
-
total
9 669
-
21 646
-
Employer
29 059
-
58 240
-
other
-
-
-
-
unemployment
920
-
1 846
-
health
1 322
-
2 650
-
pensions
3 874
-
7 764
-
total
6 116
-
12 260
-
Corporate
35 325
70 500
-
-
income
9 185
18 330
-
-
total
9 185
18 330
-
-
Dividends
26 140
52 170
-
-
withholding
3 920
7 826
-
-
total
3 920
7 826
-
-
Income
70 500
70 500
70 500
70 500
Total tax
28 890
26 156
33 906
32 447
After tax
41 610
44 344
36 594
38 053
Living cost
19 390
19 390
19 390
19 390
Free-cash
22 220
24 954
17 204
18 663

Estimated living cost  is ₽19390 per week

₽11856
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1789
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽447
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5298
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽12926
₽4802
₽6056
₽12596
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
70 500
pensions
-
-
-
4 886
income
-
-
-
13 123
total
-
-
-
18 009
Employee
55 372
-
62 356
-
pensions
4 700
-
5 538
-
income
9 973
-
11 175
-
health
804
-
946
-
total
15 477
-
17 659
-
Employer
55 372
-
62 356
-
health
1 052
-
1 185
-
pensions
5 994
-
6 959
-
total
7 046
-
8 144
-
Corporate
8 082
70 500
-
-
income

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

1 536
13 396
-
-
total
1 536
13 396
-
-
Dividends
6 546
57 104
-
-
withholding
490
4 283
-
-
total
490
4 283
-
-
Income
70 500
70 500
70 500
70 500
Total tax
24 549
17 679
25 803
18 009
After tax
45 951
52 821
44 697
52 491
Living cost
39 895
39 895
39 895
39 895
Free-cash
6 056
12 926
4 802
12 596

Estimated living cost  is ₽39895 per week

₽29889
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2990
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽417
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6598
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

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
-₽38598
-₽15073
-₽20291
-₽11457
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
70 500
city
-
-
-
742
health
-
-
-
231
regional
-
-
-
1 967
pensions
-
-
-
6 488
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.

-
-
-
1 410
national
-
-
-
283
total
-
-
-
11 121
Employee
82 896
-
63 099
-
pensions
6 964
-
5 302
-
regional
2 714
-
1 672
-
unemployment
-
-
-
-
national
392
-
235
-
city
890
-
679
-
health
187
-
142
-
total
11 147
-
8 030
-
Employer
82 896
-
63 099
-
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.

1 657
-
1 263
-
unemployment
-
-
-
-
health
187
-
142
-
pensions
6 964
-
5 302
-
total
8 808
-
6 707
-
Corporate
-
70 500
-
-
national
-
5 993
-
-
regional
-
14 911
-
-
total
-
20 904
-
-
Dividends
-
49 596
-
-
withholding
-
17 358
-
-
total
-
17 358
-
-
Income
70 500
70 500
70 500
70 500
Total tax
19 955
38 262
14 737
11 121
After tax
50 545
32 238
55 763
59 379
Living cost
70 836
70 836
70 836
70 836
Free-cash
-20 291
-38 598
-15 073
-11 457

Estimated living cost  is ₽70836 per week

₽46063
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6357
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽870
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽17546
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽5287
₽11674
₽8966
₽6590
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
70 500
trade
-
-
-
5 084
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.

-
-
-
655
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.

-
-
-
11 913
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.

-
-
-
6 003
total
-
-
-
23 655
Employee

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

52 810
-
70 500
-
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.

6 210
-
11 913
-
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.

342
-
655
-
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.

6 003
-
6 003
-
total
12 555
-
18 571
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
17 690
70 500
-
-
income
2 653
10 576
-
-
surtax

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

147
582
-
-
trade
3 033
12 091
-
-
chamber of commerce
158
233
-
-
total
5 991
23 482
-
-
Dividends
11 699
47 018
-
-
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.

142
629
-
-
withholding
2 591
11 421
-
-
total
2 733
12 050
-
-
Income
70 500
70 500
70 500
70 500
Total tax
21 279
35 532
18 571
23 655
After tax
49 221
34 968
51 929
46 845
Living cost
40 255
40 255
40 255
40 255
Free-cash
8 966
-5 287
11 674
6 590

Estimated living cost  is ₽40255 per week

₽29400
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3220
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.
₽7112
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽5469
₽11587
₽10659
₽10910
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
70 500
surtax
-
-
-
-
health
-
-
-
609
social contributions
-
-
-
2 009
pensions
-
-
-
20 605
other
-
-
-
2 186
income
-
-
-
4 117
total
-
-
-
29 526
Employee
37 608
-
53 723
-
pensions
4 252
-
6 077
-
income
2 220
-
4 462
-
surtax
-
-
-
-
social contributions
1 072
-
1 531
-
total
7 544
-
12 070
-
Employer
37 608
-
53 723
-
other
1 297
-
1 853
-
social contributions
113
-
162
-
unemployment
1 522
-
2 176
-
health
2 633
-
3 760
-
pensions
6 178
-
8 828
-
total
11 743
-
16 779
-
Corporate
21 147
70 500
-
-
income
5 921
19 740
-
-
surtax
-
-
-
-
total
5 921
19 740
-
-
Dividends
15 226
50 760
-
-
social contributions
2 620
8 730
-
-
surtax
-
-
-
-
withholding
1 949
6 497
-
-
total
4 569
15 227
-
-
Income
70 500
70 500
70 500
70 500
Total tax
29 777
34 967
28 849
29 526
After tax
40 723
35 533
41 651
40 974
Living cost
30 064
30 064
30 064
30 064
Free-cash
10 659
5 469
11 587
10 910

Estimated living cost  is ₽30064 per week

₽18957
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2445
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.
₽8153
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽8448
₽14566
₽13329
₽13889
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
70 500
surtax
-
-
-
-
health
-
-
-
609
social contributions
-
-
-
2 009
pensions
-
-
-
20 605
other
-
-
-
2 186
income
-
-
-
4 117
total
-
-
-
29 526
Employee
33 570
-
53 723
-
pensions
3 797
-
6 077
-
income
1 731
-
4 462
-
surtax
-
-
-
-
social contributions
957
-
1 531
-
total
6 485
-
12 070
-
Employer
33 570
-
53 723
-
other
1 159
-
1 853
-
social contributions
100
-
162
-
unemployment
1 359
-
2 176
-
health
2 350
-
3 760
-
pensions
5 516
-
8 828
-
total
10 484
-
16 779
-
Corporate
26 446
70 500
-
-
income
7 406
19 740
-
-
surtax
-
-
-
-
total
7 406
19 740
-
-
Dividends
19 040
50 760
-
-
social contributions
3 273
8 730
-
-
surtax
-
-
-
-
withholding
2 438
6 497
-
-
total
5 711
15 227
-
-
Income
70 500
70 500
70 500
70 500
Total tax
30 086
34 967
28 849
29 526
After tax
40 414
35 533
41 651
40 974
Living cost
27 085
27 085
27 085
27 085
Free-cash
13 329
8 448
14 566
13 889

Estimated living cost  is ₽27085 per week

₽15708
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2751
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽514
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8113
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽24378
₽27665
₽24835
₽26642
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
70 500
social contributions
-
-
-
9 728
income
-
-
-
10 576
health
-
-
-
4 921
total
-
-
-
25 225
Employee
29 794
-
70 500
-
income
4 969
-
9 553
-
social contributions
4 112
-
9 728
-
health
2 079
-
4 921
-
total
11 160
-
24 202
-
Employer
29 794
-
70 500
-
total
-
-
-
-
Corporate
40 706
70 500
-
-
income

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

2 036
3 525
-
-
total
2 036
3 525
-
-
Dividends
38 670
66 975
-
-
social contributions
5 336
9 243
-
-
withholding
5 800
10 047
-
-
health
2 700
4 674
-
-
total
13 836
23 964
-
-
Income
70 500
70 500
70 500
70 500
Total tax
27 032
27 489
24 202
25 225
After tax
43 468
43 011
46 298
45 275
Living cost
18 633
18 633
18 633
18 633
Free-cash
24 835
24 378
27 665
26 642

Estimated living cost  is ₽18633 per week

₽12470
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1149
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽4584
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽8848
-₽7124
₽7494
₽6507
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
70 500
surtax
-
-
-
173
health
-
-
-
5 393
unemployment
-
-
-
5 390
pensions
-
-
-
13 042
chamber of commerce
-
-
-
282
income
-
-
-
8 750
total
-
-
-
33 030
Employee
43 915
35 018
54 612
-
pensions
4 497
3 585
5 593
-
income
4 999
2 583
8 066
-
unemployment
1 317
1 051
1 638
-
other
439
350
545
-
health
1 699
1 356
2 113
-
total
12 951
8 925
17 955
-
Employer
43 915
35 018
54 612
-
other
2 086
1 663
2 593
-
payroll
1 317
1 051
1 638
-
unemployment
1 317
1 051
1 638
-
health
1 659
1 324
2 064
-
accident
570
455
710
-
chamber of commerce
175
140
218
-
surtax
173
173
173
-
pensions
5 511
4 396
6 854
-
total
12 808
10 253
15 888
-
Corporate
13 775
25 230
51 277
-
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.

3 443
6 307
12 818
-
total
3 443
6 307
12 818
-
Dividends
10 332
18 923
-
-
withholding
2 841
5 204
-
-
total
2 841
5 204
-
-
Income
70 500
70 500
70 500
70 500
Total tax
32 043
30 689
46 661
33 030
After tax
38 457
39 811
23 839
37 470
Living cost
30 963
30 963
30 963
30 963
Free-cash
7 494
8 848
-7 124
6 507

Estimated living cost  is ₽30963 per week

₽20651
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2641
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.
₽7162
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽7563
-₽3514
-₽10651
₽2840
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
70 500
communal

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

-
-
-
3 627
social contributions
-
-
-
10 060
national
-
-
-
21 934
total
-
-
-
35 621
Employee

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

62 856
-
54 605
-
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.

4 714
-
4 095
-
communal

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

3 278
-
2 848
-
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.

547
-
475
-
national
19 324
-
16 096
-
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.

2 953
-
2 566
-
total
30 816
-
26 080
-
Employer

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

62 856
-
54 605
-
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.

917
-
797
-
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.

3 865
-
3 358
-
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.

817
-
709
-
surtax
7 127
-
6 193
-
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.

5 570
-
4 838
-
total
18 296
-
15 895
-
Corporate
-
70 500
-
-
income
-
14 101
-
-
surtax
-
282
-
-
total
-
14 383
-
-
Dividends
-
56 117
-
-
withholding

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

-
16 515
-
-
total
-
16 515
-
-
Income
70 500
70 500
70 500
70 500
Total tax
49 112
30 898
41 975
35 621
After tax
21 388
39 602
28 525
34 879
Living cost
32 039
32 039
32 039
32 039
Free-cash
-10 651
7 563
-3 514
2 840

Estimated living cost  is ₽32039 per week

₽20638
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2801
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽502
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8099
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽15805
₽6368
₽8806
₽5871
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
70 500
accident
-
-
-
634
unemployment
-
-
-
494
pensions
-
-
-
19 952
other
-
-
-
70
income
-
-
-
11 745
total
-
-
-
32 895
Employee
43 741
-
53 458
-
pensions
2 056
-
2 513
-
income
9 229
-
11 960
-
unemployment
679
-
829
-
other
43
-
53
-
total
12 007
-
15 355
-
Employer
43 741
-
53 458
-
other
349
-
427
-
unemployment
2 406
-
2 940
-
accident
865
-
1 059
-
pensions
10 322
-
12 617
-
total
13 942
-
17 043
-
Corporate
12 817
70 500
-
-
income

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

1 923
10 576
-
-
total
1 923
10 576
-
-
Dividends
10 894
59 924
-
-
withholding
2 088
12 385
-
-
total
2 088
12 385
-
-
Income
70 500
70 500
70 500
70 500
Total tax
29 960
22 961
32 398
32 895
After tax
40 540
47 539
38 102
37 605
Living cost
31 734
31 734
31 734
31 734
Free-cash
8 806
15 805
6 368
5 871

Estimated living cost  is ₽31734 per week

₽23369
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2251
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.
₽5656
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽4145
-₽2069
-₽3996
-₽5648
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
70 500
communal
-
-
-
4 456
surtax
-
-
-
3 495
health
-
-
-
4 953
accident
-
-
-
594
pensions
-
-
-
10 567
income
-
-
-
4 330
total
-
-
-
28 395
Employee
66 545
-
62 976
-
pensions
5 323
-
5 038
-
income
6 428
-
5 593
-
surtax
4 079
-
3 860
-
health
2 962
-
2 801
-
total
18 792
-
17 292
-
Employer
66 545
-
62 976
-
health
2 029
-
1 919
-
accident
599
-
567
-
pensions
5 323
-
5 038
-
total
7 951
-
7 524
-
Corporate
-
70 500
-
-
income
-
10 576
-
-
surtax
-
740
-
-
communal
-
4 759
-
-
total
-
16 075
-
-
Dividends
-
54 425
-
-
income
-
2 653
-
-
withholding
-
8 164
-
-
total
-
10 817
-
-
Income
70 500
70 500
70 500
70 500
Total tax
26 743
26 892
24 816
28 395
After tax
43 757
43 608
45 684
42 105
Living cost
47 753
47 753
47 753
47 753
Free-cash
-3 996
-4 145
-2 069
-5 648

Estimated living cost  is ₽47753 per week

₽35822
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2893
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽505
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8531
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽24607
₽16857
₽21814
₽18316
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
70 500
surtax
-
-
-
1 202
health
-
-
-
5 006
unemployment
-
-
-
200
pensions
-
-
-
14 101
other
-
-
-
-
income
-
-
-
11 938
total
-
-
-
32 447
Employee
29 592
-
58 240
-
pensions
1 974
-
3 885
-
income
4 961
-
11 154
-
surtax
105
-
1 067
-
unemployment
2 059
-
4 054
-
other
-
-
-
-
health
755
-
1 486
-
total
9 854
-
21 646
-
Employer
29 592
-
58 240
-
other
-
-
-
-
unemployment
939
-
1 846
-
health
1 346
-
2 650
-
pensions
3 945
-
7 764
-
total
6 230
-
12 260
-
Corporate
34 678
70 500
-
-
income
9 016
18 330
-
-
total
9 016
18 330
-
-
Dividends
25 661
52 170
-
-
withholding
3 849
7 826
-
-
total
3 849
7 826
-
-
Income
70 500
70 500
70 500
70 500
Total tax
28 949
26 156
33 906
32 447
After tax
41 551
44 344
36 594
38 053
Living cost
19 737
19 737
19 737
19 737
Free-cash
21 814
24 607
16 857
18 316

Estimated living cost  is ₽19737 per week

₽11916
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1716
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽459
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5648
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽13384
₽10115
₽11435
₽13452
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
70 500
regional
-
-
-
1 063
social contributions
-
-
-
18 133
municipal
-
-
-
419
national
-
-
-
13 762
total
-
-
-
33 377
Employee
48 744
-
70 500
-
regional
656
-
948
-
national
7 722
-
11 619
-
municipal
258
-
374
-
social contributions
16 437
-
23 773
-
total
25 073
-
36 714
-
Employer
48 744
-
70 500
-
total
-
-
-
-
Corporate
21 756
70 500
-
-
nationa
5 221
16 921
-
-
municipal
1 081
3 504
-
-
total
6 302
20 425
-
-
Dividends
15 454
50 076
-
-
withholding
4 019
13 020
-
-
total
4 019
13 020
-
-
Income
70 500
70 500
70 500
70 500
Total tax
35 394
33 445
36 714
33 377
After tax
35 106
37 055
33 786
37 123
Living cost
23 671
23 671
23 671
23 671
Free-cash
11 435
13 384
10 115
13 452

Estimated living cost  is ₽23671 per week

₽14721
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2398
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.
₽6147
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽21651
₽8888
₽12059
₽7450
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
70 500
solidarity contribution
-
-
-
-
social contributions
-
-
-
20 586
income
-
-
-
6 059
health
-
-
-
9 517
total
-
-
-
36 162
Employee
39 542
-
52 612
-
income
4 745
-
6 313
-
solidarity contribution
-
-
-
-
social contributions
2 570
-
3 420
-
health
5 338
-
7 103
-
total
12 653
-
16 836
-
Employer
39 542
-
52 612
-
social contributions
9 885
-
13 153
-
health
3 559
-
4 735
-
total
13 444
-
17 888
-
Corporate
17 514
70 500
-
-
income
3 328
13 395
-
-
total
3 328
13 395
-
-
Dividends
14 187
57 105
-
-
withholding
2 128
8 566
-
-
total
2 128
8 566
-
-
Income
70 500
70 500
70 500
70 500
Total tax
31 553
21 961
34 724
36 162
After tax
38 947
48 539
35 776
34 338
Living cost
26 888
26 888
26 888
26 888
Free-cash
12 059
21 651
8 888
7 450

Estimated living cost  is ₽26888 per week

₽19996
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1490
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽465
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4938
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽11872
-₽4159
₽11438
₽9609
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
70 500
surtax
-
-
-
-
health
-
-
-
5 393
unemployment
-
-
-
5 390
pensions
-
-
-
13 042
chamber of commerce
-
-
-
282
income
-
-
-
8 750
total
-
-
-
32 857
Employee
38 412
35 018
54 745
-
pensions
3 934
3 585
5 606
-
income
3 422
2 583
8 103
-
unemployment
1 152
1 051
1 643
-
other
384
350
547
-
health
1 486
1 356
2 119
-
total
10 378
8 925
18 018
-
Employer
38 412
35 018
54 745
-
other
1 824
1 663
2 600
-
payroll
1 152
1 051
1 643
-
unemployment
1 152
1 051
1 643
-
health
1 452
1 324
2 069
-
accident
499
455
712
-
chamber of commerce
153
140
218
-
surtax
-
-
-
-
pensions
4 821
4 396
6 870
-
total
11 053
10 080
15 755
-
Corporate
21 034
25 403
51 410
-
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.

5 258
6 350
12 852
-
total
5 258
6 350
12 852
-
Dividends
15 777
19 053
-
-
withholding
4 339
5 239
-
-
total
4 339
5 239
-
-
Income
70 500
70 500
70 500
70 500
Total tax
31 028
30 594
46 625
32 857
After tax
39 472
39 906
23 875
37 643
Living cost
28 034
28 034
28 034
28 034
Free-cash
11 438
11 872
-4 159
9 609

Estimated living cost  is ₽28034 per week

₽16817
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2863
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.
₽7854
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽55702
₽45127
₽53587
₽58522
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
70 500
microenterprise

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

-
-
-
705
total
-
-
-
705
Employee
14 092
-
70 500
-
income
2 819
-
14 100
-
total
2 819
-
14 100
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

56 408
70 500
-
-
total
-
-
-
-
Dividends
56 408
70 500
-
-
withholding
2 821
3 525
-
-
total
2 821
3 525
-
-
Income
70 500
70 500
70 500
70 500
Total tax
5 640
3 525
14 100
705
After tax
64 860
66 975
56 400
69 795
Living cost
11 273
11 273
11 273
11 273
Free-cash
53 587
55 702
45 127
58 522

Estimated living cost  is ₽11273 per week

₽7629
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽473
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽378
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2793
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽24970
₽11646
₽17620
₽13669
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
70 500
health
-
-
-
6 937
unemployment
-
-
-
105
pensions
-
-
-
12 875
income
-
-
-
13 345
total
-
-
-
33 262
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.

38 857
-
61 002
-
pensions
6 023
-
9 455
-
income
6 701
-
12 304
-
unemployment
55
-
85
-
health
2 510
-
3 942
-
total
15 289
-
25 786
-
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.

38 857
-
61 002
-
unemployment
23
-
37
-
health
2 588
-
4 064
-
pensions
3 438
-
5 398
-
total
6 049
-
9 499
-
Corporate
25 593
70 500
-
-
income
4 863
13 395
-
-
total
4 863
13 395
-
-
Dividends
20 730
57 105
-
-
withholding
3 110
8 566
-
-
total
3 110
8 566
-
-
Income
70 500
70 500
70 500
70 500
Total tax
29 311
21 961
35 285
33 262
After tax
41 189
48 539
35 215
37 238
Living cost
23 569
23 569
23 569
23 569
Free-cash
17 620
24 970
11 646
13 669

Estimated living cost  is ₽23569 per week

₽16175
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1511
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.
₽5428
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽1525
₽16521
-₽72448
₽7354
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
70 500
social contributions
-
-
-
8 037
income
-
-
-
13 742
total
-
-
-
21 779
Employee
59 314
-
-
-
income
13 084
-
-
-
social contributions
4 864
-
693
-
total
17 948
-
693
-
Employer
59 314
-
-
-
social contributions
83 633
-
11 919
-
total
83 633
-
11 919
-
Corporate
-
70 500
-
-
income
-
15 510
-
-
total
-
15 510
-
-
Dividends
-
54 990
-
-
income
-
12 098
-
-
total
-
12 098
-
-
Income
70 500
70 500
70 500
70 500
Total tax
101 581
27 608
12 612
21 779
After tax
-31 081
42 892
57 888
48 721
Living cost
41 367
41 367
41 367
41 367
Free-cash
-72 448
1 525
16 521
7 354

Estimated living cost  is ₽41367 per week

₽26841
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3891
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽527
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10109
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽12538
₽9396
₽11653
₽12337
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
70 500
surtax
-
-
-
-
social contributions

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

-
-
-
24 500
income
-
-
-
6 100
total
-
-
-
30 600
Employee
40 414
-
56 970
-
income
8 406
-
13 744
-
surtax
-
-
-
-
social contributions
4 446
-
6 267
-
total
12 852
-
20 011
-
Employer
40 414
-
56 970
-
social contributions
9 598
-
13 530
-
total
9 598
-
13 530
-
Corporate
20 487
70 500
-
-
income
4 302
14 804
-
-
surtax
-
-
-
-
total
4 302
14 804
-
-
Dividends
16 185
55 696
-
-
withholding
4 532
15 595
-
-
total
4 532
15 595
-
-
Income
70 500
70 500
70 500
70 500
Total tax
31 284
30 399
33 541
30 600
After tax
39 216
40 101
36 959
39 900
Living cost
27 563
27 563
27 563
27 563
Free-cash
11 653
12 538
9 396
12 337

Estimated living cost  is ₽27563 per week

₽20623
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1626
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽460
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4854
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽6908
-₽790
-₽1724
-₽1467
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
70 500
surtax
-
-
-
-
health
-
-
-
609
social contributions
-
-
-
2 009
pensions
-
-
-
20 605
other
-
-
-
2 186
income
-
-
-
4 117
total
-
-
-
29 526
Employee
55 036
-
53 723
-
pensions
6 225
-
6 077
-
income
4 802
-
4 462
-
surtax
-
-
-
-
social contributions
1 567
-
1 531
-
total
12 594
-
12 070
-
Employer
55 036
-
53 723
-
other
1 899
-
1 853
-
social contributions
165
-
162
-
unemployment
2 230
-
2 176
-
health
3 852
-
3 760
-
pensions
9 043
-
8 828
-
total
17 189
-
16 779
-
Corporate
-
70 500
-
-
income
-
19 740
-
-
surtax
-
-
-
-
total
-
19 740
-
-
Dividends
-
50 760
-
-
social contributions
-
8 730
-
-
surtax
-
-
-
-
withholding
-
6 497
-
-
total
-
15 227
-
-
Income
70 500
70 500
70 500
70 500
Total tax
29 783
34 967
28 849
29 526
After tax
40 717
35 533
41 651
40 974
Living cost
42 441
42 441
42 441
42 441
Free-cash
-1 724
-6 908
-790
-1 467

Estimated living cost  is ₽42441 per week

₽28723
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3472
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽582
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9663
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽37036
₽29807
₽34084
₽27827
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
70 500
income
-
-
-
749
social contributions
-
-
-
15 510
total
-
-
-
16 259
Employee
28 250
-
61 040
-
social contributions
1 836
-
3 967
-
income
-
-
852
-
total
1 836
-
4 819
-
Employer
28 250
-
61 040
-
social contributions
4 379
-
9 460
-
total
4 379
-
9 460
-
Corporate
37 871
70 500
-
-
income
3 787
7 050
-
-
total
3 787
7 050
-
-
Dividends
34 084
63 450
-
-
total
-
-
-
-
Income
70 500
70 500
70 500
70 500
Total tax
10 002
7 050
14 279
16 259
After tax
60 498
63 450
56 221
54 241
Living cost
26 414
26 414
26 414
26 414
Free-cash
34 084
37 036
29 807
27 827

Estimated living cost  is ₽26414 per week

₽17079
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1991
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽497
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6847
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽120686
-₽120686
-₽120686
₽2208
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
70 500
labour market
-
-
-
5 579
pensions
-
-
-
761
municipal
-
-
-
12 478
national
-
-
-
7 214
total
-
-
-
26 032
Employee
178 370
178 370
178 370
-
pensions
254
254
254
-
labour market
14 249
14 249
14 249
-
national
21 791
21 791
21 791
-
municipal
37 983
37 983
37 983
-
total
74 277
74 277
74 277
-
Employer
178 370
178 370
178 370
-
labour market
14 270
14 270
14 270
-
national
21 829
21 829
21 829
-
municipal
38 043
38 043
38 043
-
pensions
507
507
507
-
total
74 649
74 649
74 649
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
70 500
70 500
70 500
70 500
Total tax
148 926
148 926
148 926
26 032
After tax
-78 426
-78 426
-78 426
44 468
Living cost
42 260
42 260
42 260
42 260
Free-cash
-120 686
-120 686
-120 686
2 208

Estimated living cost  is ₽42260 per week

₽28923
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3738
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽650
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8948
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽13580
₽16269
₽2750
₽29214
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
70 500
health
-
-
-
1 941
accident
-
-
-
225
pensions
-
-
-
3 703
other
-
-
-
330
income
-
-
-
15 797
total
-
-
-
21 996
Employee
30 345
-
58 564
-
pensions
3 417
-
6 594
-
income
4 163
-
9 705
-
health
3 475
-
6 706
-
total
11 055
-
23 005
-
Employer
30 345
-
58 564
-
unemployment
744
-
1 435
-
accident
507
-
978
-
pensions
4 934
-
9 523
-
total
6 185
-
11 936
-
Corporate
33 971
70 500
-
-
income

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

30 574
63 450
-
-
total
30 574
63 450
-
-
Dividends
3 397
7 050
-
-
withholding
646
1 340
-
-
total
646
1 340
-
-
Income
70 500
70 500
70 500
70 500
Total tax
48 460
64 790
34 941
21 996
After tax
22 040
5 710
35 559
48 504
Living cost
19 290
19 290
19 290
19 290
Free-cash
2 750
-13 580
16 269
29 214

Estimated living cost  is ₽19290 per week

₽14041
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1100
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽362
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3787
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽14271
₽7856
₽10758
₽18160
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
70 500
municipal
-
-
-
12 560
national
-
-
-
5 324
health
-
-
-
719
total
-
-
-
18 603
Employee
46 231
-
59 307
-
pensions
3 120
-
4 004
-
unemployment
694
-
889
-
national
764
-
2 578
-
municipal
7 572
-
9 697
-
health
345
-
547
-
total
12 495
-
17 715
-
Employer
46 231
-
59 307
-
unemployment
300
-
385
-
health
355
-
457
-
accident
47
-
60
-
pensions
8 021
-
10 290
-
total
8 723
-
11 192
-
Corporate
15 546
70 500
-
-
income
3 108
14 101
-
-
total
3 108
14 101
-
-
Dividends

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

9 328
42 299
-
-
national
-
777
-
-
municipal
1 679
7 614
-
-
total
1 679
8 391
-
-
Income
70 500
70 500
70 500
70 500
Total tax
26 005
22 492
28 907
18 603
After tax
44 495
48 008
41 593
51 897
Living cost
33 737
33 737
33 737
33 737
Free-cash
10 758
14 271
7 856
18 160

Estimated living cost  is ₽33737 per week

₽22037
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3245
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽537
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7919
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽30284
₽30896
₽26576
₽31772
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
70 500
social contributions
-
-
-
10 997
income
-
-
-
5 588
health
-
-
-
1 798
total
-
-
-
18 383
Employee
67 570
67 570
67 570
-
income
7 357
6 255
6 362
-
social contributions
2 555
5 608
5 313
-
health
524
1 149
1 087
-
total
10 436
13 012
12 762
-
Employer
67 570
67 570
67 570
-
social contributions
2 555
5 608
5 313
-
health
569
1 251
1 184
-
total
3 124
6 859
6 497
-
Corporate
36 596
-
-
-
income
4 574
-
-
-
total
4 574
-
-
-
Dividends
32 022
-
-
-
withholding
5 445
-
-
-
total
5 445
-
-
-
Income
70 500
70 500
70 500
70 500
Total tax
23 579
19 871
19 259
18 383
After tax
46 921
50 629
51 241
52 117
Living cost
20 345
20 345
20 345
20 345
Free-cash
26 576
30 284
30 896
31 772

Estimated living cost  is ₽20345 per week

₽12193
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1996
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽450
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5706
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽44429
₽29593
₽39961
₽41277
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
70 500
health
-
-
-
3 180
unemployment
-
-
-
25
pensions
-
-
-
5 590
income
-
-
-
6 477
total
-
-
-
15 272
Employee

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

20 170
-
63 917
-
pensions
3 025
-
9 587
-
income
1 379
-
5 033
-
unemployment
100
-
320
-
health
1 714
-
5 433
-
total
6 218
-
20 373
-
Employer

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

20 170
-
63 917
-
unemployment
100
-
320
-
health
867
-
2 748
-
pensions
1 109
-
3 515
-
total
2 076
-
6 583
-
Corporate
48 254
70 500
-
-
income
4 342
6 345
-
-
total
4 342
6 345
-
-
Dividends
43 912
64 155
-
-
withholding
3 952
5 775
-
-
total
3 952
5 775
-
-
Income
70 500
70 500
70 500
70 500
Total tax
16 588
12 120
26 956
15 272
After tax
53 912
58 380
43 544
55 228
Living cost
13 951
13 951
13 951
13 951
Free-cash
39 961
44 429
29 593
41 277

Estimated living cost  is ₽13951 per week

₽8901
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1006
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽415
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3629
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽23375
₽13938
₽18767
₽13441
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
70 500
accident
-
-
-
634
unemployment
-
-
-
494
pensions
-
-
-
19 952
other
-
-
-
70
income
-
-
-
11 745
total
-
-
-
32 895
Employee
32 492
-
53 458
-
pensions
1 527
-
2 513
-
income
6 264
-
11 960
-
unemployment
504
-
829
-
other
32
-
53
-
total
8 327
-
15 355
-
Employer
32 492
-
53 458
-
other
260
-
427
-
unemployment
1 788
-
2 940
-
accident
644
-
1 059
-
pensions
7 667
-
12 617
-
total
10 359
-
17 043
-
Corporate
27 650
70 500
-
-
income

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

4 147
10 576
-
-
total
4 147
10 576
-
-
Dividends
23 502
59 924
-
-
withholding
4 736
12 385
-
-
total
4 736
12 385
-
-
Income
70 500
70 500
70 500
70 500
Total tax
27 569
22 961
32 398
32 895
After tax
42 931
47 539
38 102
37 605
Living cost
24 164
24 164
24 164
24 164
Free-cash
18 767
23 375
13 938
13 441

Estimated living cost  is ₽24164 per week

₽16310
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2323
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽424
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5108
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽42426
₽43228
₽42169
₽43340
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
70 500
health
-
-
-
828
pensions
-
-
-
1 142
income
-
-
-
23 624
total
-
-
-
25 594
Employee
2 385
-
69 215
-
pensions
215
-
514
-
income
461
-
23 564
-
unemployment
24
-
57
-
health
119
-
286
-
total
819
-
24 421
-
Employer
2 385
-
69 215
-
unemployment
48
-
114
-
health
227
-
543
-
pensions
262
-
628
-
total
537
-
1 285
-
Corporate
67 578
70 500
-
-
income
14 867
15 510
-
-
total
14 867
15 510
-
-
Dividends
52 711
54 990
-
-
withholding
10 542
10 998
-
-
total
10 542
10 998
-
-
Income
70 500
70 500
70 500
70 500
Total tax
26 765
26 508
25 706
25 594
After tax
43 735
43 992
44 794
44 906
Living cost
1 566
1 566
1 566
1 566
Free-cash
42 169
42 426
43 228
43 340

Estimated living cost  is ₽1566 per week

₽931
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽127
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽36
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽473
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽35766
₽21279
₽31450
₽20045
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
70 500
health
-
-
-
6 677
unemployment
-
-
-
972
pensions
-
-
-
16 855
income
-
-
-
10 781
total
-
-
-
35 285
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.

22 875
-
59 796
-
pensions
3 202
-
8 372
-
income
3 153
-
11 447
-
unemployment
172
-
448
-
health
1 178
-
3 080
-
total
7 705
-
23 347
-
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.

22 875
-
59 796
-
unemployment
172
-
448
-
health
1 178
-
3 080
-
pensions
2 745
-
7 176
-
total
4 095
-
10 704
-
Corporate
43 530
70 500
-
-
income
6 530
10 575
-
-
total
6 530
10 575
-
-
Dividends
37 001
59 925
-
-
withholding
5 550
8 989
-
-
total
5 550
8 989
-
-
Income
70 500
70 500
70 500
70 500
Total tax
23 880
19 564
34 051
35 285
After tax
46 620
50 936
36 449
35 215
Living cost
15 170
15 170
15 170
15 170
Free-cash
31 450
35 766
21 279
20 045

Estimated living cost  is ₽15170 per week

₽10214
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1173
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽439
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3344
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽16411
₽13269
₽16094
₽16210
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
70 500
surtax
-
-
-
-
social contributions

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

-
-
-
24 500
income
-
-
-
6 100
total
-
-
-
30 600
Employee
34 105
-
56 970
-
income
6 664
-
13 744
-
surtax
-
-
-
-
social contributions
3 752
-
6 267
-
total
10 416
-
20 011
-
Employer
34 105
-
56 970
-
social contributions
8 099
-
13 530
-
total
8 099
-
13 530
-
Corporate
28 296
70 500
-
-
income
5 941
14 804
-
-
surtax
-
-
-
-
total
5 941
14 804
-
-
Dividends
22 354
55 696
-
-
withholding
6 260
15 595
-
-
total
6 260
15 595
-
-
Income
70 500
70 500
70 500
70 500
Total tax
30 716
30 399
33 541
30 600
After tax
39 784
40 101
36 959
39 900
Living cost
23 690
23 690
23 690
23 690
Free-cash
16 094
16 411
13 269
16 210

Estimated living cost  is ₽23690 per week

₽16779
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1646
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽420
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4846
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽16657
₽7220
₽9957
₽6723
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
70 500
accident
-
-
-
634
unemployment
-
-
-
494
pensions
-
-
-
19 952
other
-
-
-
70
income
-
-
-
11 745
total
-
-
-
32 895
Employee
42 438
-
53 458
-
pensions
1 994
-
2 513
-
income
8 864
-
11 960
-
unemployment
657
-
829
-
other
42
-
53
-
total
11 557
-
15 355
-
Employer
42 438
-
53 458
-
other
340
-
427
-
unemployment
2 335
-
2 940
-
accident
840
-
1 059
-
pensions
10 015
-
12 617
-
total
13 530
-
17 043
-
Corporate
14 531
70 500
-
-
income

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

2 179
10 576
-
-
total
2 179
10 576
-
-
Dividends
12 352
59 924
-
-
withholding
2 395
12 385
-
-
total
2 395
12 385
-
-
Income
70 500
70 500
70 500
70 500
Total tax
29 661
22 961
32 398
32 895
After tax
40 839
47 539
38 102
37 605
Living cost
30 882
30 882
30 882
30 882
Free-cash
9 957
16 657
7 220
6 723

Estimated living cost  is ₽30882 per week

₽22178
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2401
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽435
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5868
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽45188
₽38515
₽39842
₽36656
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
70 500
health
-
-
-
3 523
unemployment
-
-
-
123
pensions

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

-
-
-
4 534
income
-
-
-
10 575
total
-
-
-
18 755
Employee
19 980
-
64 489
-
pensions

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

1 754
-
2 690
-
income
1 998
-
6 449
-
accident

We are using the highest rate at 1.1%.

220
-
337
-
health
919
-
1 409
-
total
4 891
-
10 885
-
Employer
19 980
-
64 489
-
unemployment
120
-
184
-
health
1 379
-
2 114
-
accident

We are using the highest rate at 1.1%.

220
-
337
-
pensions

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

2 202
-
3 376
-
total
3 921
-
6 011
-
Corporate
46 600
70 500
-
-
income
4 660
7 050
-
-
total
4 660
7 050
-
-
Dividends
41 940
63 450
-
-
withholding
2 097
3 173
-
-
total
2 097
3 173
-
-
Income
70 500
70 500
70 500
70 500
Total tax
15 569
10 223
16 896
18 755
After tax
54 931
60 277
53 604
51 745
Living cost
15 089
15 089
15 089
15 089
Free-cash
39 842
45 188
38 515
36 656

Estimated living cost  is ₽15089 per week

₽9980
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽864
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽360
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3886
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽2495
₽18004
₽13993
₽13750
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
70 500
trade
-
-
-
4 254
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.

-
-
-
655
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.

-
-
-
11 913
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.

-
-
-
6 003
total
-
-
-
22 825
Employee

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

43 722
-
70 500
-
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.

3 595
-
11 913
-
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.

198
-
655
-
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.

6 003
-
6 003
-
total
9 796
-
18 571
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
26 778
70 500
-
-
income
4 017
10 576
-
-
surtax

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

220
582
-
-
trade
3 842
10 117
-
-
chamber of commerce
173
237
-
-
total
8 252
21 512
-
-
Dividends
18 525
48 989
-
-
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.

237
655
-
-
withholding
4 297
11 913
-
-
total
4 534
12 568
-
-
Income
70 500
70 500
70 500
70 500
Total tax
22 582
34 080
18 571
22 825
After tax
47 918
36 420
51 929
47 675
Living cost
33 925
33 925
33 925
33 925
Free-cash
13 993
2 495
18 004
13 750

Estimated living cost  is ₽33925 per week

₽23402
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3650
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽492
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6380
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽707
₽865
₽1236
₽865
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
70 500
income
-
-
-
13 676
social contributions
-
-
-
5 903
total
-
-
-
19 579
Employee
68 736
-
70 500
-
social contributions
5 710
-
5 903
-
income
12 970
-
13 676
-
total
18 680
-
19 579
-
Employer
68 736
-
70 500
-
total
-
-
-
-
Corporate
1 764
70 500
-
-
income
220
8 813
-
-
total
220
8 813
-
-
Dividends
1 544
61 687
-
-
withholding
308
12 338
-
-
total
308
12 338
-
-
Income
70 500
70 500
70 500
70 500
Total tax
19 208
21 151
19 579
19 579
After tax
51 292
49 349
50 921
50 921
Living cost
50 056
50 056
50 056
50 056
Free-cash
1 236
-707
865
865

Estimated living cost  is ₽50056 per week

₽38082
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4079
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽479
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7417
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽9285
₽19609
₽14374
₽8248
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
70 500
income
-
-
-
25 013
health

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

-
-
-
5 341
total
-
-
-
30 354
Employee
40 311
-
66 458
-
social contributions
4 039
-
4 042
-
income
4 374
-
10 909
-
total
8 413
-
14 951
-
Employer
40 311
-
66 458
-
social contributions
4 039
-
4 042
-
total
4 039
-
4 042
-
Corporate
26 151
70 500
-
-
income
9 153
24 675
-
-
total
9 153
24 675
-
-
Dividends
16 997
45 825
-
-
social contributions
2 623
4 642
-
-
total
2 623
4 642
-
-
Income
70 500
70 500
70 500
70 500
Total tax
24 228
29 317
18 993
30 354
After tax
46 272
41 183
51 507
40 146
Living cost
31 898
31 898
31 898
31 898
Free-cash
14 374
9 285
19 609
8 248

Estimated living cost  is ₽31898 per week

₽21011
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2515
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽489
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7882
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽20387
₽12263
₽15461
₽20057
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
70 500
pensions
-
-
-
4 886
income
-
-
-
13 123
total
-
-
-
18 009
Employee
44 520
-
62 356
-
pensions
3 398
-
5 538
-
income
8 107
-
11 175
-
health
581
-
946
-
total
12 086
-
17 659
-
Employer
44 520
-
62 356
-
health
846
-
1 185
-
pensions
4 498
-
6 959
-
total
5 344
-
8 144
-
Corporate
20 636
70 500
-
-
income

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

3 921
13 396
-
-
total
3 921
13 396
-
-
Dividends
16 715
57 104
-
-
withholding
1 254
4 283
-
-
total
1 254
4 283
-
-
Income
70 500
70 500
70 500
70 500
Total tax
22 605
17 679
25 803
18 009
After tax
47 895
52 821
44 697
52 491
Living cost
32 434
32 434
32 434
32 434
Free-cash
15 461
20 387
12 263
20 057

Estimated living cost  is ₽32434 per week

₽22249
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2983
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽406
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6794
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽15490
₽14359
₽2459
₽27304
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
70 500
health
-
-
-
1 941
accident
-
-
-
225
pensions
-
-
-
3 703
other
-
-
-
330
income
-
-
-
15 797
total
-
-
-
21 996
Employee
33 348
-
58 564
-
pensions
3 755
-
6 594
-
income
4 575
-
9 705
-
health
3 818
-
6 706
-
total
12 148
-
23 005
-
Employer
33 348
-
58 564
-
unemployment
817
-
1 435
-
accident
557
-
978
-
pensions
5 422
-
9 523
-
total
6 796
-
11 936
-
Corporate
30 356
70 500
-
-
income

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

27 320
63 450
-
-
total
27 320
63 450
-
-
Dividends
3 036
7 050
-
-
withholding
577
1 340
-
-
total
577
1 340
-
-
Income
70 500
70 500
70 500
70 500
Total tax
46 841
64 790
34 941
21 996
After tax
23 659
5 710
35 559
48 504
Living cost
21 200
21 200
21 200
21 200
Free-cash
2 459
-15 490
14 359
27 304

Estimated living cost  is ₽21200 per week

₽15558
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1235
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽427
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3979
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽48075
₽29006
₽43808
₽28910
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
70 500
work injury
-
-
-
352
health insurance
-
-
-
5 217
unemployment
-
-
-
846
pensions
-
-
-
12 972
income
-
-
-
10 353
total
-
-
-
29 740
Employee

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

18 959
-
70 500
-
pensions
3 489
-
12 907
-
income
1 896
-
10 353
-
health insurance
1 403
-
5 191
-
work injury
95
-
351
-
unemployment
228
-
842
-
total
7 111
-
29 644
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
51 541
70 500
-
-
income

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

-
-
-
-
total
-
-
-
-
Dividends
51 541
70 500
-
-
withholding
7 731
10 575
-
-
total
7 731
10 575
-
-
Income
70 500
70 500
70 500
70 500
Total tax
14 842
10 575
29 644
29 740
After tax
55 658
59 925
40 856
40 760
Living cost
11 850
11 850
11 850
11 850
Free-cash
43 808
48 075
29 006
28 910

Estimated living cost  is ₽11850 per week

₽7341
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽861
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽370
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3278
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Skopje model

Close
Rome , Italy
₽2128
-₽1344
-₽3547
₽1879
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
70 500
regional
-
-
-
1 248
social contributions
-
-
-
18 133
municipal
-
-
-
472
national
-
-
-
13 762
total
-
-
-
33 615
Employee
74 047
-
70 500
-
regional
1 118
-
1 026
-
national
12 513
-
11 619
-
municipal
442
-
420
-
social contributions
24 968
-
23 773
-
total
39 041
-
36 838
-
Employer
74 047
-
70 500
-
total
-
-
-
-
Corporate
-
70 500
-
-
nationa
-
16 921
-
-
municipal
-
3 398
-
-
total
-
20 319
-
-
Dividends
-
50 181
-
-
withholding
-
13 047
-
-
total
-
13 047
-
-
Income
70 500
70 500
70 500
70 500
Total tax
39 041
33 366
36 838
33 615
After tax
31 459
37 134
33 662
36 885
Living cost
35 006
35 006
35 006
35 006
Free-cash
-3 547
2 128
-1 344
1 879

Estimated living cost  is ₽35006 per week

₽24590
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2408
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽529
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7479
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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