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
₽5720
₽22729
₽18880
₽16678
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income

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

-
-
-
10 420
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.

-
-
-
573
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.

-
-
-
6 769
trade
-
-
-
3 849
total
-
-
-
21 611
Employee

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

37 895
-
70 500
-
surtax

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

58
-
573
-
income

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

1 059
-
10 420
-
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.

6 769
-
6 769
-
total
7 886
-
17 762
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
32 605
70 500
-
-
income
4 890
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.

269
581
-
-
chamber of commerce
197
252
-
-
trade
5 135
11 104
-
-
total
10 491
22 513
-
-
Dividends
22 114
47 987
-
-
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.

284
639
-
-
withholding
5 152
11 619
-
-
total
5 436
12 258
-
-
Income
70 500
70 500
70 500
70 500
Total tax
23 813
34 771
17 762
21 611
After tax
46 687
35 729
52 738
48 889
Living cost
30 009
30 009
30 009
30 009
Free-cash
16 678
5 720
22 729
18 880

Estimated living cost  is ₽30009 per week

₽18877
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3499
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽560
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7073
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽8495
-₽8323
-₽8876
-₽18249
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
6 931
national
-
-
-
10 740
pensions
-
-
-
8 460
total
-
-
-
26 889
Employee
81 365
-
60 947
-
municipal
10 050
-
7 204
-
pensions
3 255
-
2 438
-
national
15 573
-
11 163
-
total
28 878
-
20 805
-
Employer
81 365
-
60 947
-
pensions
6 509
-
4 876
-
social contributions
875
-
655
-
total
7 384
-
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
36 262
26 508
26 336
26 889
After tax
34 238
43 992
44 164
43 611
Living cost
52 487
52 487
52 487
52 487
Free-cash
-18 249
-8 495
-8 323
-8 876

Estimated living cost  is ₽52487 per week

₽35675
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4879
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽786
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11148
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽35789
₽19450
₽36193
₽27660
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
-
surtax
-
-
-
-
social contributions

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

-
-
-
3 119
microenterprise
-
-
-
10 576
total
-
-
-
13 695
Employee
28 951
-
56 814
-
surtax
-
-
-
-
social contributions

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

3 185
-
6 250
-
income
5 154
-
10 502
-
total
8 339
-
16 752
-
Employer
28 951
-
56 814
-
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.

6 974
-
13 686
-
surtax
-
-
-
-
total
6 974
-
13 686
-
Corporate
34 576
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%.

6 915
14 099
-
-
total
6 915
14 099
-
-
Dividends

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

27 661
56 401
-
-
total
-
-
-
-
Income
70 500
70 500
70 500
70 500
Total tax
22 228
14 099
30 438
13 695
After tax
48 272
56 401
40 062
56 805
Living cost
20 612
20 612
20 612
20 612
Free-cash
27 660
35 789
19 450
36 193

Estimated living cost  is ₽20612 per week

₽13150
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1963
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽468
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5031
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽22324
-₽27884
-₽1326
-₽27884
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 473
health
-
-
-
10 241
pensions
-
-
-
11 608
total
-
-
-
30 322
Employee
84 607
84 607
84 607
-
pensions
15 229
11 608
15 229
-
income

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

13 849
13 849
13 849
-
health
12 986
11 046
12 986
-
total
42 064
36 503
42 064
-
Employer
84 607
84 607
84 607
-
health
5 881
5 881
5 881
-
pensions
5 889
5 889
5 889
-
unemployment
3 046
3 046
3 046
-
total
14 816
14 816
14 816
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
70 500
70 500
70 500
70 500
Total tax
56 880
51 319
56 880
30 322
After tax
13 620
19 181
13 620
40 178
Living cost
41 504
41 504
41 504
41 504
Free-cash
-27 884
-22 324
-27 884
-1 326

Estimated living cost  is ₽41504 per week

₽29413
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3742
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽660
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7690
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽2263
-₽3108
-₽5612
-₽5819
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
141
other
-
-
-
8 192
unemployment
-
-
-
70
health
-
-
-
4 399
municipal
-
-
-
14 933
national
-
-
-
-
pensions
-
-
-
7 621
total
-
-
-
35 356
Employee
58 073
-
53 645
-
municipal
17 317
-
15 997
-
national
-
-
-
-
total
17 317
-
15 997
-
Employer
58 073
-
53 645
-
health
3 571
-
3 299
-
pensions
6 278
-
5 799
-
accident
116
-
107
-
unemployment
1 533
-
1 416
-
other
6 748
-
6 234
-
total
18 246
-
16 855
-
Corporate
-
70 500
-
-
income
-
15 510
-
-
total
-
15 510
-
-
Dividends
-
54 990
-
-
withholding
-
16 497
-
-
total
-
16 497
-
-
Income
70 500
70 500
70 500
70 500
Total tax
35 563
32 007
32 852
35 356
After tax
34 937
38 493
37 648
35 144
Living cost
40 756
40 756
40 756
40 756
Free-cash
-5 819
-2 263
-3 108
-5 612

Estimated living cost  is ₽40756 per week

₽27011
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3999
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽619
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9126
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽3554
₽13817
₽9797
₽10367
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income

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

-
-
-
10 420
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.

-
-
-
573
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.

-
-
-
6 769
trade
-
-
-
4 020
total
-
-
-
21 782
Employee

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

50 244
-
70 500
-
surtax

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

237
-
573
-
income

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

4 317
-
10 420
-
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.

6 769
-
6 769
-
total
11 323
-
17 762
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
20 256
70 500
-
-
income
3 038
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.

167
581
-
-
chamber of commerce
179
250
-
-
trade
3 332
11 597
-
-
total
6 716
23 004
-
-
Dividends
13 540
47 496
-
-
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.

165
632
-
-
withholding
3 008
11 497
-
-
total
3 173
12 129
-
-
Income
70 500
70 500
70 500
70 500
Total tax
21 212
35 133
17 762
21 782
After tax
49 288
35 367
52 738
48 718
Living cost
38 921
38 921
38 921
38 921
Free-cash
10 367
-3 554
13 817
9 797

Estimated living cost  is ₽38921 per week

₽26031
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4104
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽581
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8205
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽15962
₽18052
₽21107
₽15527
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
4 462
social contributions
-
-
-
10 999
health
-
-
-
1 797
total
-
-
-
17 258
Employee
76 185
76 185
76 185
-
social contributions
3 702
6 323
5 311
-
income
8 000
7 052
7 417
-
health
758
1 295
1 089
-
total
12 460
14 670
13 817
-
Employer
76 185
76 185
76 185
-
health
825
1 410
1 185
-
social contributions
3 702
6 323
5 311
-
total
4 527
7 733
6 496
-
Corporate
21 377
-
-
-
income
2 672
-
-
-
total
2 672
-
-
-
Dividends
18 706
-
-
-
withholding
3 179
-
-
-
total
3 179
-
-
-
Income
70 500
70 500
70 500
70 500
Total tax
22 838
22 403
20 313
17 258
After tax
47 662
48 097
50 187
53 242
Living cost
32 135
32 135
32 135
32 135
Free-cash
15 527
15 962
18 052
21 107

Estimated living cost  is ₽32135 per week

₽21968
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2510
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽540
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7118
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽21693
₽22737
₽30706
₽22069
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 619
unemployment
-
-
-
1 058
health
-
-
-
4 935
pensions
-
-
-
7 050
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.

26 173
10 417
58 996
-
unemployment
393
156
885
-
pensions
2 617
1 042
5 900
-
income
3 200
1 273
7 212
-
health
1 832
729
4 130
-
total
8 042
3 200
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.

26 173
10 417
58 996
-
pensions
5 104
2 031
11 504
-
total
5 104
2 031
11 504
-
Corporate
39 223
58 052
-
-
income
3 530
5 225
-
-
total
3 530
5 225
-
-
Dividends
35 693
52 827
-
-
social contributions
6 841
10 182
-
-
withholding
6 782
10 037
-
-
total
13 623
20 219
-
-
Income
70 500
70 500
70 500
70 500
Total tax
30 299
30 675
29 631
21 662
After tax
40 201
39 825
40 869
48 838
Living cost
18 132
18 132
18 132
18 132
Free-cash
22 069
21 693
22 737
30 706

Estimated living cost  is ₽18132 per week

₽12373
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1484
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.
₽3913
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽32470
₽16707
₽13873
₽26314
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
9 431
health
-
-
-
9 166
pensions
-
-
-
14 099
total
-
-
-
32 696
Employee
28 106
-
52 691
-
unemployment
449
-
842
-
pensions
562
-
1 053
-
income
3 164
-
10 159
-
total
4 175
-
12 054
-
Employer
28 106
-
52 691
-
health
3 653
-
6 849
-
pensions
5 622
-
10 538
-
unemployment
226
-
421
-
total
9 501
-
17 808
-
Corporate
32 893
70 500
-
-
income
6 579
14 099
-
-
total
6 579
14 099
-
-
Dividends
26 314
56 401
-
-
total
-
-
-
-
Income
70 500
70 500
70 500
70 500
Total tax
20 255
14 099
29 862
32 696
After tax
50 245
56 401
40 638
37 804
Living cost
23 931
23 931
23 931
23 931
Free-cash
26 314
32 470
16 707
13 873

Estimated living cost  is ₽23931 per week

₽16414
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1425
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽481
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5610
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽16349
₽14108
₽26517
₽2328
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
253
income
-
-
-
14 940
other
-
-
-
372
health
-
-
-
2 187
pensions
-
-
-
4 172
total
-
-
-
21 924
Employee
34 699
-
58 564
-
pensions
3 907
-
6 594
-
income
4 760
-
9 099
-
health
3 973
-
6 705
-
total
12 640
-
22 398
-
Employer
34 699
-
58 564
-
pensions
5 642
-
9 522
-
accident
579
-
978
-
unemployment
850
-
1 435
-
total
7 071
-
11 935
-
Corporate
28 729
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.

25 856
63 450
-
-
total
25 856
63 450
-
-
Dividends
2 873
7 050
-
-
withholding
546
1 340
-
-
total
546
1 340
-
-
Income
70 500
70 500
70 500
70 500
Total tax
46 113
64 790
34 333
21 924
After tax
24 387
5 710
36 167
48 576
Living cost
22 059
22 059
22 059
22 059
Free-cash
2 328
-16 349
14 108
26 517

Estimated living cost  is ₽22059 per week

₽16167
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1222
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.
₽4209
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽58869
₽48294
₽61689
₽57350
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
10 133
-
70 500
-
income
2 026
-
14 100
-
total
2 026
-
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%.

60 367
70 500
-
-
total
-
-
-
-
Dividends
60 367
70 500
-
-
withholding
3 018
3 525
-
-
total
3 018
3 525
-
-
Income
70 500
70 500
70 500
70 500
Total tax
5 044
3 525
14 100
705
After tax
65 456
66 975
56 400
69 795
Living cost
8 106
8 106
8 106
8 106
Free-cash
57 350
58 869
48 294
61 689

Estimated living cost  is ₽8106 per week

₽5024
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽674
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽223
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2186
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽25397
₽14926
₽11774
₽18705
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 955
other
-
-
-
3 349
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.

-
-
-
16 920
total
-
-
-
32 326
Employee
35 974
-
56 310
-
unemployment
359
-
562
-
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.

2 518
-
3 941
-
income
6 193
-
9 694
-
health
504
-
788
-
total
9 574
-
14 985
-
Employer
35 974
-
56 310
-
health
504
-
788
-
pensions

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

6 116
-
9 572
-
accident
288
-
451
-
unemployment
359
-
562
-
other
1 799
-
2 816
-
total
9 066
-
14 189
-
Corporate
25 460
70 500
-
-
income
5 347
14 804
-
-
total
5 347
14 804
-
-
Dividends
20 113
55 696
-
-
withholding
1 408
3 899
-
-
total
1 408
3 899
-
-
Income
70 500
70 500
70 500
70 500
Total tax
25 395
18 703
29 174
32 326
After tax
45 105
51 797
41 326
38 174
Living cost
26 400
26 400
26 400
26 400
Free-cash
18 705
25 397
14 926
11 774

Estimated living cost  is ₽26400 per week

₽18653
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1782
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽425
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5539
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽13171
-₽20932
-₽13352
-₽35668
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
13 161
pensions
-
-
-
4 698
total
-
-
-
17 859
Employee
93 370
-
62 542
-
pensions
9 008
-
5 309
-
income
16 831
-
11 266
-
health
1 539
-
906
-
total
27 378
-
17 481
-
Employer
93 370
-
62 542
-
health
1 773
-
1 189
-
pensions
11 024
-
6 769
-
total
12 797
-
7 958
-
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.

-
13 395
-
-
total
-
13 395
-
-
Dividends
-
57 105
-
-
withholding
-
4 283
-
-
total
-
4 283
-
-
Income
70 500
70 500
70 500
70 500
Total tax
40 175
17 678
25 439
17 859
After tax
30 325
52 822
45 061
52 641
Living cost
65 993
65 993
65 993
65 993
Free-cash
-35 668
-13 171
-20 932
-13 352

Estimated living cost  is ₽65993 per week

₽49450
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7754
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.
₽8254
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽47288
₽39336
₽37695
₽42686
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
10 575
unemployment
-
-
-
138
health
-
-
-
3 980
pensions

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

-
-
-
5 122
total
-
-
-
19 815
Employee
17 201
-
63 710
-
accident

We are using the highest rate at 1.1%.

189
-
381
-
pensions

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

1 510
-
3 039
-
income
1 720
-
6 371
-
health
791
-
1 592
-
total
4 210
-
11 383
-
Employer
17 201
-
63 710
-
health
1 187
-
2 388
-
pensions

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

1 896
-
3 814
-
accident

We are using the highest rate at 1.1%.

189
-
381
-
unemployment
103
-
208
-
total
3 375
-
6 791
-
Corporate
49 924
70 500
-
-
income
4 992
7 050
-
-
total
4 992
7 050
-
-
Dividends
44 932
63 450
-
-
withholding
2 247
3 172
-
-
total
2 247
3 172
-
-
Income
70 500
70 500
70 500
70 500
Total tax
14 824
10 222
18 174
19 815
After tax
55 676
60 278
52 326
50 685
Living cost
12 990
12 990
12 990
12 990
Free-cash
42 686
47 288
39 336
37 695

Estimated living cost  is ₽12990 per week

₽7584
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽928
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽344
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4135
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽35758
-₽41319
-₽14761
-₽37439
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 473
health
-
-
-
10 241
pensions
-
-
-
11 608
total
-
-
-
30 322
Employee
91 856
84 607
84 607
-
pensions
11 608
11 608
15 229
-
income

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

13 849
13 849
13 849
-
health
11 460
11 046
12 986
-
total
36 917
36 503
42 064
-
Employer
91 856
84 607
84 607
-
health
6 383
5 881
5 881
-
pensions
6 393
5 889
5 889
-
unemployment
3 307
3 046
3 046
-
total
16 083
14 816
14 816
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
70 500
70 500
70 500
70 500
Total tax
53 000
51 319
56 880
30 322
After tax
17 500
19 181
13 620
40 178
Living cost
54 939
54 939
54 939
54 939
Free-cash
-37 439
-35 758
-41 319
-14 761

Estimated living cost  is ₽54939 per week

₽40527
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4907
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽630
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8876
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽23938
₽11175
₽9736
₽15161
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
6 059
social contributions
-
-
-
20 586
solidarity contribution
-
-
-
-
health
-
-
-
9 518
total
-
-
-
36 163
Employee
36 178
-
52 612
-
solidarity contribution
-
-
-
-
social contributions
2 352
-
3 420
-
income
4 341
-
6 313
-
health
4 884
-
7 103
-
total
11 577
-
16 836
-
Employer
36 178
-
52 612
-
health
3 256
-
4 735
-
social contributions
9 045
-
13 153
-
total
12 301
-
17 888
-
Corporate
22 021
70 500
-
-
income
4 184
13 395
-
-
total
4 184
13 395
-
-
Dividends
17 837
57 105
-
-
withholding
2 676
8 566
-
-
total
2 676
8 566
-
-
Income
70 500
70 500
70 500
70 500
Total tax
30 738
21 961
34 724
36 163
After tax
39 762
48 539
35 776
34 337
Living cost
24 601
24 601
24 601
24 601
Free-cash
15 161
23 938
11 175
9 736

Estimated living cost  is ₽24601 per week

₽17088
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1750
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽484
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5279
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽4192
-₽7582
-₽3598
-₽17552
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
18 132
regional
-
-
-
729
municipal
-
-
-
419
national
-
-
-
13 011
total
-
-
-
32 291
Employee
88 053
-
70 500
-
municipal
466
-
374
-
national
15 257
-
11 488
-
regional
831
-
640
-
social contributions
29 691
-
23 773
-
total
46 245
-
36 275
-
Employer
88 053
-
70 500
-
total
-
-
-
-
Corporate
-
70 500
-
-
municipal
-
2 749
-
-
nationa
-
16 920
-
-
total
-
19 669
-
-
Dividends
-
50 832
-
-
withholding
-
13 216
-
-
total
-
13 216
-
-
Income
70 500
70 500
70 500
70 500
Total tax
46 245
32 885
36 275
32 291
After tax
24 255
37 615
34 225
38 209
Living cost
41 807
41 807
41 807
41 807
Free-cash
-17 552
-4 192
-7 582
-3 598

Estimated living cost  is ₽41807 per week

₽29142
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2741
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽641
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9280
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽22482
₽15292
₽16841
₽19395
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
11 454
other
-
-
-
-
surtax
-
-
-
1 010
unemployment
-
-
-
226
health
-
-
-
5 007
pensions
-
-
-
14 099
total
-
-
-
31 796
Employee
32 764
-
58 241
-
other
-
-
-
-
unemployment
2 281
-
4 054
-
pensions
2 185
-
3 884
-
surtax
107
-
891
-
income
5 492
-
10 773
-
health
837
-
1 485
-
total
10 902
-
21 087
-
Employer
32 764
-
58 241
-
health
1 491
-
2 649
-
pensions
4 368
-
7 763
-
unemployment
1 038
-
1 846
-
other
-
-
-
-
total
6 897
-
12 258
-
Corporate
30 840
70 500
-
-
income
8 019
18 330
-
-
total
8 019
18 330
-
-
Dividends
22 821
52 170
-
-
withholding
3 424
7 825
-
-
total
3 424
7 825
-
-
Income
70 500
70 500
70 500
70 500
Total tax
29 242
26 155
33 345
31 796
After tax
41 258
44 345
37 155
38 704
Living cost
21 863
21 863
21 863
21 863
Free-cash
19 395
22 482
15 292
16 841

Estimated living cost  is ₽21863 per week

₽13368
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2017
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽504
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5973
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽7737
-₽24
₽7556
-₽37
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
13 161
pensions
-
-
-
4 698
total
-
-
-
17 859
Employee
62 574
-
62 542
-
pensions
5 311
-
5 309
-
income
11 270
-
11 266
-
health
908
-
906
-
total
17 489
-
17 481
-
Employer
62 574
-
62 542
-
health
1 189
-
1 189
-
pensions
6 774
-
6 769
-
total
7 963
-
7 958
-
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.

-
13 395
-
-
total
-
13 395
-
-
Dividends
-
57 105
-
-
withholding
-
4 283
-
-
total
-
4 283
-
-
Income
70 500
70 500
70 500
70 500
Total tax
25 452
17 678
25 439
17 859
After tax
45 048
52 822
45 061
52 641
Living cost
45 085
45 085
45 085
45 085
Free-cash
-37
7 737
-24
7 556

Estimated living cost  is ₽45085 per week

₽33777
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3379
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽472
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7456
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽46115
-₽22438
-₽18822
-₽29926
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
1 411
regional
-
-
-
1 817
health
-
-
-
256
city
-
-
-
743
national
-
-
-
256
pensions
-
-
-
6 486
total
-
-
-
10 969
Employee
91 693
-
63 102
-
unemployment
-
-
-
-
pensions
7 703
-
5 299
-
national
434
-
213
-
regional
3 002
-
1 548
-
city
984
-
678
-
health
207
-
143
-
total
12 330
-
7 881
-
Employer
91 693
-
63 102
-
health
207
-
143
-
pensions
7 703
-
5 299
-
unemployment
-
-
-
-
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.

1 833
-
1 262
-
total
9 743
-
6 704
-
Corporate
-
70 500
-
-
regional
-
14 910
-
-
national
-
5 993
-
-
total
-
20 903
-
-
Dividends
-
49 597
-
-
withholding
-
17 359
-
-
total
-
17 359
-
-
Income
70 500
70 500
70 500
70 500
Total tax
22 073
38 262
14 585
10 969
After tax
48 427
32 238
55 915
59 531
Living cost
78 353
78 353
78 353
78 353
Free-cash
-29 926
-46 115
-22 438
-18 822

Estimated living cost  is ₽78353 per week

₽50952
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7031
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽962
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽19407
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽10384
₽7351
₽3160
₽5686
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income

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

-
-
-
10 420
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.

-
-
-
573
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.

-
-
-
6 769
trade
-
-
-
4 191
total
-
-
-
21 953
Employee

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

59 543
-
70 500
-
surtax

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

385
-
573
-
income

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

7 002
-
10 420
-
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.

6 769
-
6 769
-
total
14 156
-
17 762
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
10 957
70 500
-
-
income
1 643
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.

90
581
-
-
chamber of commerce
165
250
-
-
trade
1 878
12 091
-
-
total
3 776
23 498
-
-
Dividends
7 180
47 002
-
-
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.

77
626
-
-
withholding
1 418
11 373
-
-
total
1 495
11 999
-
-
Income
70 500
70 500
70 500
70 500
Total tax
19 427
35 497
17 762
21 953
After tax
51 073
35 003
52 738
48 547
Living cost
45 387
45 387
45 387
45 387
Free-cash
5 686
-10 384
7 351
3 160

Estimated living cost  is ₽45387 per week

₽33149
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3631
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽590
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8019
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽1634
₽8349
₽8045
₽7488
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 834
other
-
-
-
2 185
surtax
-
-
-
-
social contributions
-
-
-
2 008
health
-
-
-
611
pensions
-
-
-
19 920
total
-
-
-
28 558
Employee
42 403
-
53 721
-
pensions
4 794
-
6 077
-
surtax
-
-
-
-
social contributions
1 209
-
1 530
-
income
2 502
-
3 869
-
total
8 505
-
11 476
-
Employer
42 403
-
53 721
-
health
2 969
-
3 760
-
pensions
6 966
-
8 827
-
unemployment
1 717
-
2 175
-
social contributions
128
-
162
-
other
1 463
-
1 854
-
total
13 243
-
16 778
-
Corporate
14 855
70 500
-
-
income
4 159
19 740
-
-
surtax
-
-
-
-
total
4 159
19 740
-
-
Dividends
10 696
50 760
-
-
surtax
-
-
-
-
social contributions
1 839
8 731
-
-
withholding
1 369
6 498
-
-
total
3 208
15 229
-
-
Income
70 500
70 500
70 500
70 500
Total tax
29 115
34 969
28 254
28 558
After tax
41 385
35 531
42 246
41 942
Living cost
33 897
33 897
33 897
33 897
Free-cash
7 488
1 634
8 349
8 045

Estimated living cost  is ₽33897 per week

₽21374
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2756
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽577
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9192
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽4992
₽11707
₽11403
₽10496
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 834
other
-
-
-
2 185
surtax
-
-
-
-
social contributions
-
-
-
2 008
health
-
-
-
611
pensions
-
-
-
19 920
total
-
-
-
28 558
Employee
37 851
-
53 721
-
pensions
4 281
-
6 077
-
surtax
-
-
-
-
social contributions
1 079
-
1 530
-
income
1 952
-
3 869
-
total
7 312
-
11 476
-
Employer
37 851
-
53 721
-
health
2 649
-
3 760
-
pensions
6 220
-
8 827
-
unemployment
1 532
-
2 175
-
social contributions
113
-
162
-
other
1 307
-
1 854
-
total
11 821
-
16 778
-
Corporate
20 829
70 500
-
-
income
5 832
19 740
-
-
surtax
-
-
-
-
total
5 832
19 740
-
-
Dividends
14 996
50 760
-
-
surtax
-
-
-
-
social contributions
2 580
8 731
-
-
withholding
1 920
6 498
-
-
total
4 500
15 229
-
-
Income
70 500
70 500
70 500
70 500
Total tax
29 465
34 969
28 254
28 558
After tax
41 035
35 531
42 246
41 942
Living cost
30 539
30 539
30 539
30 539
Free-cash
10 496
4 992
11 707
11 403

Estimated living cost  is ₽30539 per week

₽17711
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3102
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽579
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9147
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽22003
₽20749
₽24265
₽22516
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
10 576
social contributions
-
-
-
9 730
health
-
-
-
4 920
total
-
-
-
25 226
Employee
33 593
-
70 500
-
social contributions
4 636
-
9 730
-
income
5 603
-
14 092
-
health
2 345
-
4 920
-
total
12 584
-
28 742
-
Employer
33 593
-
70 500
-
total
-
-
-
-
Corporate
36 907
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%.

1 844
3 525
-
-
total
1 844
3 525
-
-
Dividends
35 063
66 975
-
-
social contributions
4 840
9 243
-
-
withholding
5 259
10 046
-
-
health
2 448
4 674
-
-
total
12 547
23 963
-
-
Income
70 500
70 500
70 500
70 500
Total tax
26 975
27 488
28 742
25 226
After tax
43 525
43 012
41 758
45 274
Living cost
21 009
21 009
21 009
21 009
Free-cash
22 516
22 003
20 749
24 265

Estimated living cost  is ₽21009 per week

₽14060
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1295
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽483
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5169
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽5089
-₽10006
₽3056
₽3557
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
7 541
surtax
-
-
-
196
unemployment
-
-
-
6 077
chamber of commerce
-
-
-
282
health
-
-
-
5 394
pensions
-
-
-
13 043
total
-
-
-
32 533
Employee
49 514
39 483
54 594
-
other
494
395
545
-
unemployment
1 485
1 185
1 638
-
pensions
5 071
4 042
5 590
-
income
5 637
2 912
7 094
-
health
1 916
1 529
2 113
-
total
14 603
10 063
16 980
-
Employer
49 514
39 483
54 594
-
chamber of commerce
197
158
218
-
health
1 871
1 493
2 064
-
pensions
6 214
4 956
6 851
-
accident
643
513
709
-
unemployment
1 485
1 185
1 638
-
surtax
196
196
196
-
payroll
1 485
1 185
1 638
-
other
2 352
1 875
2 593
-
total
14 443
11 561
15 907
-
Corporate
6 543
19 457
50 834
-
income

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

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

1 636
4 864
12 708
-
total
1 636
4 864
12 708
-
Dividends
4 907
14 593
-
-
withholding
1 350
4 012
-
-
total
1 350
4 012
-
-
Income
70 500
70 500
70 500
70 500
Total tax
32 032
30 500
45 595
32 533
After tax
38 468
40 000
24 905
37 967
Living cost
34 911
34 911
34 911
34 911
Free-cash
3 557
5 089
-10 006
3 056

Estimated living cost  is ₽34911 per week

₽23284
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2978
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽573
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8075
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽3520
-₽6929
-₽277
-₽21000
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
3 663
social contributions
-
-
-
9 455
national
-
-
-
21 534
total
-
-
-
34 652
Employee

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

70 870
-
54 603
-
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.

617
-
476
-
communal

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

3 696
-
2 848
-
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.

5 315
-
4 095
-
national
21 788
-
15 424
-
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.

3 330
-
2 566
-
total
34 746
-
25 409
-
Employer

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

70 870
-
54 603
-
health

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

4 358
-
3 358
-
pensions

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

6 280
-
4 838
-
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.

921
-
709
-
unemployment

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

1 034
-
797
-
surtax
8 036
-
6 193
-
total
20 629
-
15 895
-
Corporate
-
70 500
-
-
income
-
14 099
-
-
surtax
-
282
-
-
total
-
14 381
-
-
Dividends
-
56 119
-
-
withholding

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

-
16 474
-
-
total
-
16 474
-
-
Income
70 500
70 500
70 500
70 500
Total tax
55 375
30 855
41 304
34 652
After tax
15 125
39 645
29 196
35 848
Living cost
36 125
36 125
36 125
36 125
Free-cash
-21 000
3 520
-6 929
-277

Estimated living cost  is ₽36125 per week

₽23269
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3159
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽566
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9132
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽11785
₽2710
₽2213
₽3759
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
11 357
other
-
-
-
70
unemployment
-
-
-
493
pensions
-
-
-
19 952
total
-
-
-
32 506
Employee
49 318
-
53 456
-
other
49
-
53
-
unemployment
765
-
829
-
pensions
2 318
-
2 512
-
income
10 406
-
11 570
-
total
13 538
-
14 964
-
Employer
49 318
-
53 456
-
pensions
11 638
-
12 616
-
accident
976
-
1 059
-
unemployment
2 713
-
2 941
-
other
393
-
429
-
total
15 720
-
17 045
-
Corporate
5 462
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.

820
10 576
-
-
total
820
10 576
-
-
Dividends
4 642
59 924
-
-
withholding
882
12 358
-
-
total
882
12 358
-
-
Income
70 500
70 500
70 500
70 500
Total tax
30 960
22 934
32 009
32 506
After tax
39 540
47 566
38 491
37 994
Living cost
35 781
35 781
35 781
35 781
Free-cash
3 759
11 785
2 710
2 213

Estimated living cost  is ₽35781 per week

₽26349
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2538
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.
₽6378
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽9994
-₽7198
-₽8497
-₽13492
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
-
accident
-
-
-
634
income
-
-
-
4 225
surtax
-
-
-
3 730
health
-
-
-
5 287
pensions
-
-
-
11 279
total
-
-
-
25 155
Employee
75 030
-
62 974
-
pensions
6 001
-
5 039
-
surtax
4 599
-
3 860
-
income
7 247
-
4 627
-
health
3 339
-
2 803
-
total
21 186
-
16 329
-
Employer
75 030
-
62 974
-
health
2 288
-
1 922
-
pensions
6 001
-
5 039
-
accident
675
-
566
-
total
8 964
-
7 527
-
Corporate
-
70 500
-
-
communal
-
4 759
-
-
income
-
10 576
-
-
surtax
-
741
-
-
total
-
16 076
-
-
Dividends
-
54 425
-
-
income
-
2 412
-
-
withholding
-
8 164
-
-
total
-
10 576
-
-
Income
70 500
70 500
70 500
70 500
Total tax
30 150
26 652
23 856
25 155
After tax
40 350
43 848
46 644
45 345
Living cost
53 842
53 842
53 842
53 842
Free-cash
-13 492
-9 994
-7 198
-8 497

Estimated living cost  is ₽53842 per week

₽40390
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3262
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽570
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9619
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽22091
₽14901
₽16450
₽18939
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
11 454
other
-
-
-
-
surtax
-
-
-
1 010
unemployment
-
-
-
226
health
-
-
-
5 007
pensions
-
-
-
14 099
total
-
-
-
31 796
Employee
33 365
-
58 241
-
other
-
-
-
-
unemployment
2 322
-
4 054
-
pensions
2 226
-
3 884
-
surtax
118
-
891
-
income
5 593
-
10 773
-
health
852
-
1 485
-
total
11 111
-
21 087
-
Employer
33 365
-
58 241
-
health
1 517
-
2 649
-
pensions
4 448
-
7 763
-
unemployment
1 059
-
1 846
-
other
-
-
-
-
total
7 024
-
12 258
-
Corporate
30 110
70 500
-
-
income
7 829
18 330
-
-
total
7 829
18 330
-
-
Dividends
22 281
52 170
-
-
withholding
3 343
7 825
-
-
total
3 343
7 825
-
-
Income
70 500
70 500
70 500
70 500
Total tax
29 307
26 155
33 345
31 796
After tax
41 193
44 345
37 155
38 704
Living cost
22 254
22 254
22 254
22 254
Free-cash
18 939
22 091
14 901
16 450

Estimated living cost  is ₽22254 per week

₽13436
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1935
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽517
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6368
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽10366
₽7227
₽11186
₽8168
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
18 132
regional
-
-
-
1 063
municipal
-
-
-
419
national
-
-
-
13 011
total
-
-
-
32 625
Employee
54 959
-
70 500
-
municipal
291
-
374
-
national
8 707
-
11 488
-
regional
740
-
949
-
social contributions
18 533
-
23 773
-
total
28 271
-
36 584
-
Employer
54 959
-
70 500
-
total
-
-
-
-
Corporate
15 541
70 500
-
-
municipal
773
3 505
-
-
nationa
3 730
16 920
-
-
total
4 503
20 425
-
-
Dividends
11 038
50 076
-
-
withholding
2 869
13 020
-
-
total
2 869
13 020
-
-
Income
70 500
70 500
70 500
70 500
Total tax
35 643
33 445
36 584
32 625
After tax
34 857
37 055
33 916
37 875
Living cost
26 689
26 689
26 689
26 689
Free-cash
8 168
10 366
7 227
11 186

Estimated living cost  is ₽26689 per week

₽16598
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2704
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.
₽6930
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽18224
₽5461
₽4022
₽7409
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
6 059
social contributions
-
-
-
20 586
solidarity contribution
-
-
-
-
health
-
-
-
9 518
total
-
-
-
36 163
Employee
44 581
-
52 612
-
solidarity contribution
-
-
-
-
social contributions
2 898
-
3 420
-
income
5 350
-
6 313
-
health
6 018
-
7 103
-
total
14 266
-
16 836
-
Employer
44 581
-
52 612
-
health
4 012
-
4 735
-
social contributions
11 145
-
13 153
-
total
15 157
-
17 888
-
Corporate
10 761
70 500
-
-
income
2 045
13 395
-
-
total
2 045
13 395
-
-
Dividends
8 717
57 105
-
-
withholding
1 308
8 566
-
-
total
1 308
8 566
-
-
Income
70 500
70 500
70 500
70 500
Total tax
32 776
21 961
34 724
36 163
After tax
37 724
48 539
35 776
34 337
Living cost
30 315
30 315
30 315
30 315
Free-cash
7 409
18 224
5 461
4 022

Estimated living cost  is ₽30315 per week

₽22544
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1679
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.
₽5567
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽8496
-₽6652
₽6554
₽8009
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
7 541
surtax
-
-
-
-
unemployment
-
-
-
6 077
chamber of commerce
-
-
-
282
health
-
-
-
5 394
pensions
-
-
-
13 043
total
-
-
-
32 337
Employee
43 309
39 483
54 739
-
other
432
395
547
-
unemployment
1 299
1 185
1 641
-
pensions
4 435
4 042
5 605
-
income
3 858
2 912
7 135
-
health
1 675
1 529
2 119
-
total
11 699
10 063
17 047
-
Employer
43 309
39 483
54 739
-
chamber of commerce
173
158
218
-
health
1 638
1 493
2 070
-
pensions
5 436
4 956
6 870
-
accident
562
513
711
-
unemployment
1 299
1 185
1 641
-
surtax
-
-
-
-
payroll
1 299
1 185
1 641
-
other
2 057
1 875
2 598
-
total
12 464
11 365
15 749
-
Corporate
14 727
19 653
50 990
-
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.

3 681
4 913
12 747
-
total
3 681
4 913
12 747
-
Dividends
11 046
14 740
-
-
withholding
3 038
4 054
-
-
total
3 038
4 054
-
-
Income
70 500
70 500
70 500
70 500
Total tax
30 882
30 395
45 543
32 337
After tax
39 618
40 105
24 957
38 163
Living cost
31 609
31 609
31 609
31 609
Free-cash
8 009
8 496
-6 652
6 554

Estimated living cost  is ₽31609 per week

₽18961
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3228
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽564
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8856
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽54343
₽43768
₽57163
₽51975
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
15 791
-
70 500
-
income
3 158
-
14 100
-
total
3 158
-
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%.

54 709
70 500
-
-
total
-
-
-
-
Dividends
54 709
70 500
-
-
withholding
2 735
3 525
-
-
total
2 735
3 525
-
-
Income
70 500
70 500
70 500
70 500
Total tax
5 893
3 525
14 100
705
After tax
64 607
66 975
56 400
69 795
Living cost
12 632
12 632
12 632
12 632
Free-cash
51 975
54 343
43 768
57 163

Estimated living cost  is ₽12632 per week

₽8548
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽530
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.
₽3130
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽21966
₽9137
₽11156
₽13677
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
12 854
unemployment
-
-
-
105
health
-
-
-
6 936
pensions
-
-
-
12 875
total
-
-
-
32 770
Employee

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

43 812
-
61 001
-
unemployment
62
-
85
-
pensions
6 791
-
9 455
-
income
7 555
-
11 814
-
health
2 830
-
3 939
-
total
17 238
-
25 293
-
Employer

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

43 812
-
61 001
-
health
2 918
-
4 061
-
pensions
3 877
-
5 398
-
unemployment
26
-
36
-
total
6 821
-
9 495
-
Corporate
19 867
70 500
-
-
income
3 775
13 394
-
-
total
3 775
13 394
-
-
Dividends
16 092
57 106
-
-
withholding
2 414
8 566
-
-
total
2 414
8 566
-
-
Income
70 500
70 500
70 500
70 500
Total tax
30 248
21 960
34 788
32 770
After tax
40 252
48 540
35 712
37 730
Living cost
26 574
26 574
26 574
26 574
Free-cash
13 677
21 966
9 137
11 156

Estimated living cost  is ₽26574 per week

₽18238
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1703
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.
₽6120
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽500
₽13878
₽5329
-₽79445
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
13 742
social contributions
-
-
-
8 037
total
-
-
-
21 779
Employee
62 218
-
-
-
social contributions
5 102
-
727
-
income
13 724
-
-
-
total
18 826
-
727
-
Employer
62 218
-
-
-
social contributions
87 727
-
12 503
-
total
87 727
-
12 503
-
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
106 553
27 608
13 230
21 779
After tax
-36 053
42 892
57 270
48 721
Living cost
43 392
43 392
43 392
43 392
Free-cash
-79 445
-500
13 878
5 329

Estimated living cost  is ₽43392 per week

₽28154
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4081
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽553
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10603
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽9025
₽6522
₽9077
₽8026
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
5 848
surtax
-
-
-
-
social contributions

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

-
-
-
24 498
total
-
-
-
30 346
Employee
45 567
-
56 970
-
surtax
-
-
-
-
social contributions
5 013
-
6 267
-
income
9 478
-
13 104
-
total
14 491
-
19 371
-
Employer
45 567
-
56 970
-
social contributions
10 822
-
13 530
-
total
10 822
-
13 530
-
Corporate
14 110
70 500
-
-
income
2 963
14 804
-
-
surtax
-
-
-
-
total
2 963
14 804
-
-
Dividends
11 147
55 696
-
-
withholding
3 121
15 594
-
-
total
3 121
15 594
-
-
Income
70 500
70 500
70 500
70 500
Total tax
31 397
30 398
32 901
30 346
After tax
39 103
40 102
37 599
40 154
Living cost
31 077
31 077
31 077
31 077
Free-cash
8 026
9 025
6 522
9 077

Estimated living cost  is ₽31077 per week

₽23252
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1833
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽519
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5473
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽12322
-₽5607
-₽5911
-₽10934
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 834
other
-
-
-
2 185
surtax
-
-
-
-
social contributions
-
-
-
2 008
health
-
-
-
611
pensions
-
-
-
19 920
total
-
-
-
28 558
Employee
62 053
-
53 721
-
pensions
7 019
-
6 077
-
surtax
-
-
-
-
social contributions
1 767
-
1 530
-
income
5 414
-
3 869
-
total
14 200
-
11 476
-
Employer
62 053
-
53 721
-
health
4 343
-
3 760
-
pensions
10 196
-
8 827
-
unemployment
2 514
-
2 175
-
social contributions
186
-
162
-
other
2 142
-
1 854
-
total
19 381
-
16 778
-
Corporate
-
70 500
-
-
income
-
19 740
-
-
surtax
-
-
-
-
total
-
19 740
-
-
Dividends
-
50 760
-
-
surtax
-
-
-
-
social contributions
-
8 731
-
-
withholding
-
6 498
-
-
total
-
15 229
-
-
Income
70 500
70 500
70 500
70 500
Total tax
33 581
34 969
28 254
28 558
After tax
36 919
35 531
42 246
41 942
Living cost
47 853
47 853
47 853
47 853
Free-cash
-10 934
-12 322
-5 607
-5 911

Estimated living cost  is ₽47853 per week

₽32386
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3914
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽656
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10896
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽33667
₽26694
₽24714
₽30340
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
493
social contributions
-
-
-
15 511
total
-
-
-
16 004
Employee
31 852
-
61 037
-
income
-
-
598
-
social contributions
2 070
-
3 967
-
total
2 070
-
4 565
-
Employer
31 852
-
61 037
-
social contributions
4 937
-
9 459
-
total
4 937
-
9 459
-
Corporate
33 711
70 500
-
-
income
3 371
7 051
-
-
total
3 371
7 051
-
-
Dividends
30 340
63 449
-
-
total
-
-
-
-
Income
70 500
70 500
70 500
70 500
Total tax
10 378
7 051
14 024
16 004
After tax
60 122
63 449
56 476
54 496
Living cost
29 782
29 782
29 782
29 782
Free-cash
30 340
33 667
26 694
24 714

Estimated living cost  is ₽29782 per week

₽19257
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2245
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽560
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7720
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽145278
-₽145278
-₽2810
-₽145278
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
5 571
municipal
-
-
-
12 143
national
-
-
-
7 042
pensions
-
-
-
858
total
-
-
-
25 614
Employee
201 314
201 314
201 314
-
municipal
42 869
42 869
42 869
-
labour market
16 082
16 082
16 082
-
pensions
286
286
286
-
national
24 594
24 594
24 594
-
total
83 831
83 831
83 831
-
Employer
201 314
201 314
201 314
-
national
24 637
24 637
24 637
-
labour market
16 105
16 105
16 105
-
pensions
572
572
572
-
municipal
42 937
42 937
42 937
-
total
84 251
84 251
84 251
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
70 500
70 500
70 500
70 500
Total tax
168 082
168 082
168 082
25 614
After tax
-97 582
-97 582
-97 582
44 886
Living cost
47 696
47 696
47 696
47 696
Free-cash
-145 278
-145 278
-145 278
-2 810

Estimated living cost  is ₽47696 per week

₽32644
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4219
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽734
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10099
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽16023
₽14434
₽26843
₽2376
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
253
income
-
-
-
14 940
other
-
-
-
372
health
-
-
-
2 187
pensions
-
-
-
4 172
total
-
-
-
21 924
Employee
34 188
-
58 564
-
pensions
3 850
-
6 594
-
income
4 690
-
9 099
-
health
3 915
-
6 705
-
total
12 455
-
22 398
-
Employer
34 188
-
58 564
-
pensions
5 559
-
9 522
-
accident
571
-
978
-
unemployment
838
-
1 435
-
total
6 968
-
11 935
-
Corporate
29 344
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.

26 410
63 450
-
-
total
26 410
63 450
-
-
Dividends
2 934
7 050
-
-
withholding
558
1 340
-
-
total
558
1 340
-
-
Income
70 500
70 500
70 500
70 500
Total tax
46 391
64 790
34 333
21 924
After tax
24 109
5 710
36 167
48 576
Living cost
21 733
21 733
21 733
21 733
Free-cash
2 376
-16 023
14 434
26 843

Estimated living cost  is ₽21733 per week

₽15819
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1239
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽408
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4267
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽10195
₽4441
₽14745
₽5909
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
673
municipal
-
-
-
12 569
national
-
-
-
4 475
total
-
-
-
17 717
Employee
52 126
-
59 307
-
municipal
8 538
-
9 705
-
unemployment
782
-
889
-
pensions
3 518
-
4 003
-
national
861
-
1 732
-
health
389
-
500
-
total
14 088
-
16 829
-
Employer
52 126
-
59 307
-
health
400
-
457
-
pensions
9 044
-
10 290
-
accident
53
-
60
-
unemployment
338
-
385
-
total
9 835
-
11 192
-
Corporate
8 539
70 500
-
-
income
1 707
14 099
-
-
total
1 707
14 099
-
-
Dividends

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

5 124
42 301
-
-
municipal
923
7 615
-
-
national
-
553
-
-
total
923
8 168
-
-
Income
70 500
70 500
70 500
70 500
Total tax
26 553
22 267
28 021
17 717
After tax
43 947
48 233
42 479
52 783
Living cost
38 038
38 038
38 038
38 038
Free-cash
5 909
10 195
4 441
14 745

Estimated living cost  is ₽38038 per week

₽24846
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3659
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽605
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8929
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽25158
₽27248
₽30303
₽23440
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
4 462
social contributions
-
-
-
10 999
health
-
-
-
1 797
total
-
-
-
17 258
Employee
76 185
76 185
76 185
-
social contributions
2 880
6 323
5 311
-
income
8 295
7 052
7 417
-
health
590
1 295
1 089
-
total
11 765
14 670
13 817
-
Employer
76 185
76 185
76 185
-
health
641
1 410
1 185
-
social contributions
2 880
6 323
5 311
-
total
3 521
7 733
6 496
-
Corporate
32 274
-
-
-
income
4 035
-
-
-
total
4 035
-
-
-
Dividends
28 239
-
-
-
withholding
4 800
-
-
-
total
4 800
-
-
-
Income
70 500
70 500
70 500
70 500
Total tax
24 121
22 403
20 313
17 258
After tax
46 379
48 097
50 187
53 242
Living cost
22 939
22 939
22 939
22 939
Free-cash
23 440
25 158
27 248
30 303

Estimated living cost  is ₽22939 per week

₽13748
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.
₽508
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6434
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽42650
₽27850
₽38541
₽37611
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
6 314
unemployment
-
-
-
28
health
-
-
-
3 585
pensions
-
-
-
6 302
total
-
-
-
16 229
Employee

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

22 741
-
63 916
-
unemployment
113
-
320
-
pensions
3 411
-
9 587
-
income
1 555
-
4 994
-
health
1 933
-
5 434
-
total
7 012
-
20 335
-
Employer

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

22 741
-
63 916
-
health
978
-
2 749
-
pensions
1 250
-
3 516
-
unemployment
113
-
320
-
total
2 341
-
6 585
-
Corporate
45 418
70 500
-
-
income
4 087
6 346
-
-
total
4 087
6 346
-
-
Dividends
41 330
64 154
-
-
withholding
3 719
5 774
-
-
total
3 719
5 774
-
-
Income
70 500
70 500
70 500
70 500
Total tax
17 159
12 120
26 920
16 229
After tax
53 341
58 380
43 580
54 271
Living cost
15 730
15 730
15 730
15 730
Free-cash
37 611
42 650
27 850
38 541

Estimated living cost  is ₽15730 per week

₽10036
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1134
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽468
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4091
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽20321
₽11246
₽10749
₽15124
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
11 357
other
-
-
-
70
unemployment
-
-
-
493
pensions
-
-
-
19 952
total
-
-
-
32 506
Employee
36 634
-
53 456
-
other
36
-
53
-
unemployment
568
-
829
-
pensions
1 722
-
2 512
-
income
7 063
-
11 570
-
total
9 389
-
14 964
-
Employer
36 634
-
53 456
-
pensions
8 645
-
12 616
-
accident
726
-
1 059
-
unemployment
2 016
-
2 941
-
other
293
-
429
-
total
11 680
-
17 045
-
Corporate
22 186
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.

3 328
10 576
-
-
total
3 328
10 576
-
-
Dividends
18 858
59 924
-
-
withholding
3 734
12 358
-
-
total
3 734
12 358
-
-
Income
70 500
70 500
70 500
70 500
Total tax
28 131
22 934
32 009
32 506
After tax
42 369
47 566
38 491
37 994
Living cost
27 245
27 245
27 245
27 245
Free-cash
15 124
20 321
11 246
10 749

Estimated living cost  is ₽27245 per week

₽18390
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2619
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽478
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5759
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽42049
₽42603
₽42741
₽41730
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
23 372
health
-
-
-
1 027
pensions
-
-
-
1 417
total
-
-
-
25 816
Employee
2 959
-
68 906
-
unemployment
30
-
71
-
pensions
266
-
638
-
income
572
-
23 297
-
health
148
-
354
-
total
1 016
-
24 360
-
Employer
2 959
-
68 906
-
health
281
-
673
-
pensions
325
-
779
-
unemployment
59
-
142
-
total
665
-
1 594
-
Corporate
66 876
70 500
-
-
income
14 713
15 510
-
-
total
14 713
15 510
-
-
Dividends
52 163
54 990
-
-
withholding
10 433
10 998
-
-
total
10 433
10 998
-
-
Income
70 500
70 500
70 500
70 500
Total tax
26 827
26 508
25 954
25 816
After tax
43 673
43 992
44 546
44 684
Living cost
1 943
1 943
1 943
1 943
Free-cash
41 730
42 049
42 603
42 741

Estimated living cost  is ₽1943 per week

₽1154
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽157
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽44
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽586
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽33796
₽20001
₽17361
₽28920
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
9 350
unemployment
-
-
-
1 057
health
-
-
-
7 262
pensions
-
-
-
18 330
total
-
-
-
35 999
Employee

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

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

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

25 846
-
59 796
-
unemployment
194
-
448
-
pensions
3 618
-
8 371
-
income
3 563
-
10 756
-
health
1 331
-
3 080
-
total
8 706
-
22 655
-
Employer

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

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

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

25 846
-
59 796
-
health
1 331
-
3 080
-
pensions
3 101
-
7 176
-
unemployment
194
-
448
-
total
4 626
-
10 704
-
Corporate
40 028
70 500
-
-
income
6 004
10 575
-
-
total
6 004
10 575
-
-
Dividends
34 024
59 925
-
-
withholding
5 104
8 989
-
-
total
5 104
8 989
-
-
Income
70 500
70 500
70 500
70 500
Total tax
24 440
19 564
33 359
35 999
After tax
46 060
50 936
37 141
34 501
Living cost
17 140
17 140
17 140
17 140
Free-cash
28 920
33 796
20 001
17 361

Estimated living cost  is ₽17140 per week

₽11540
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1326
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽496
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3778
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽13392
₽10889
₽13444
₽13034
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
5 848
surtax
-
-
-
-
social contributions

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

-
-
-
24 498
total
-
-
-
30 346
Employee
38 454
-
56 970
-
surtax
-
-
-
-
social contributions
4 230
-
6 267
-
income
7 514
-
13 104
-
total
11 744
-
19 371
-
Employer
38 454
-
56 970
-
social contributions
9 132
-
13 530
-
total
9 132
-
13 530
-
Corporate
22 914
70 500
-
-
income
4 811
14 804
-
-
surtax
-
-
-
-
total
4 811
14 804
-
-
Dividends
18 103
55 696
-
-
withholding
5 069
15 594
-
-
total
5 069
15 594
-
-
Income
70 500
70 500
70 500
70 500
Total tax
30 756
30 398
32 901
30 346
After tax
39 744
40 102
37 599
40 154
Living cost
26 710
26 710
26 710
26 710
Free-cash
13 034
13 392
10 889
13 444

Estimated living cost  is ₽26710 per week

₽18918
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1856
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽474
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5464
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽12746
₽3671
₽3174
₽5090
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
11 357
other
-
-
-
70
unemployment
-
-
-
493
pensions
-
-
-
19 952
total
-
-
-
32 506
Employee
47 849
-
53 456
-
other
47
-
53
-
unemployment
741
-
829
-
pensions
2 249
-
2 512
-
income
9 994
-
11 570
-
total
13 031
-
14 964
-
Employer
47 849
-
53 456
-
pensions
11 292
-
12 616
-
accident
948
-
1 059
-
unemployment
2 632
-
2 941
-
other
384
-
429
-
total
15 256
-
17 045
-
Corporate
7 395
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.

1 109
10 576
-
-
total
1 109
10 576
-
-
Dividends
6 286
59 924
-
-
withholding
1 194
12 358
-
-
total
1 194
12 358
-
-
Income
70 500
70 500
70 500
70 500
Total tax
30 590
22 934
32 009
32 506
After tax
39 910
47 566
38 491
37 994
Living cost
34 820
34 820
34 820
34 820
Free-cash
5 090
12 746
3 671
3 174

Estimated living cost  is ₽34820 per week

₽25006
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2707
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽491
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6616
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽43234
₽35282
₽33641
₽37197
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
10 575
unemployment
-
-
-
138
health
-
-
-
3 980
pensions

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

-
-
-
5 122
total
-
-
-
19 815
Employee
22 568
-
63 710
-
accident

We are using the highest rate at 1.1%.

248
-
381
-
pensions

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

1 981
-
3 039
-
income
2 257
-
6 371
-
health
1 038
-
1 592
-
total
5 524
-
11 383
-
Employer
22 568
-
63 710
-
health
1 557
-
2 388
-
pensions

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

2 487
-
3 814
-
accident

We are using the highest rate at 1.1%.

248
-
381
-
unemployment
136
-
208
-
total
4 428
-
6 791
-
Corporate
43 504
70 500
-
-
income
4 350
7 050
-
-
total
4 350
7 050
-
-
Dividends
39 154
63 450
-
-
withholding
1 957
3 172
-
-
total
1 957
3 172
-
-
Income
70 500
70 500
70 500
70 500
Total tax
16 259
10 222
18 174
19 815
After tax
54 241
60 278
52 326
50 685
Living cost
17 044
17 044
17 044
17 044
Free-cash
37 197
43 234
35 282
33 641

Estimated living cost  is ₽17044 per week

₽11273
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽976
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽407
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4389
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽1797
₽14487
₽10981
₽11163
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income

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

-
-
-
10 420
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.

-
-
-
573
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.

-
-
-
6 769
trade
-
-
-
3 506
total
-
-
-
21 268
Employee

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

49 297
-
70 500
-
surtax

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

224
-
573
-
income

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

4 054
-
10 420
-
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.

6 769
-
6 769
-
total
11 047
-
17 762
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
21 203
70 500
-
-
income
3 181
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.

175
581
-
-
chamber of commerce
182
254
-
-
trade
3 042
10 117
-
-
total
6 580
21 528
-
-
Dividends
14 623
48 972
-
-
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.

180
652
-
-
withholding
3 279
11 866
-
-
total
3 459
12 518
-
-
Income
70 500
70 500
70 500
70 500
Total tax
21 086
34 046
17 762
21 268
After tax
49 414
36 454
52 738
49 232
Living cost
38 251
38 251
38 251
38 251
Free-cash
11 163
-1 797
14 487
10 981

Estimated living cost  is ₽38251 per week

₽26386
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4116
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽555
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7193
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽7088
-₽3430
-₽3430
-₽7001
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
11 824
social contributions
-
-
-
5 668
total
-
-
-
17 492
Employee
77 500
-
70 500
-
income
14 624
-
11 824
-
social contributions
6 439
-
5 668
-
total
21 063
-
17 492
-
Employer
77 500
-
70 500
-
total
-
-
-
-
Corporate
-
70 500
-
-
income
-
8 812
-
-
total
-
8 812
-
-
Dividends
-
61 688
-
-
withholding
-
12 338
-
-
total
-
12 338
-
-
Income
70 500
70 500
70 500
70 500
Total tax
21 063
21 150
17 492
17 492
After tax
49 437
49 350
53 008
53 008
Living cost
56 438
56 438
56 438
56 438
Free-cash
-7 001
-7 088
-3 430
-3 430

Estimated living cost  is ₽56438 per week

₽42937
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4599
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽540
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8363
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽4626
₽15366
₽303
₽10365
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
28 202
health

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

-
-
-
6 030
total
-
-
-
34 232
Employee
45 450
-
65 942
-
income
4 932
-
10 053
-
social contributions
4 554
-
4 558
-
total
9 486
-
14 611
-
Employer
45 450
-
65 942
-
social contributions
4 554
-
4 558
-
total
4 554
-
4 558
-
Corporate
20 496
70 500
-
-
income
7 173
24 675
-
-
total
7 173
24 675
-
-
Dividends
13 323
45 825
-
-
social contributions
2 957
5 234
-
-
total
2 957
5 234
-
-
Income
70 500
70 500
70 500
70 500
Total tax
24 170
29 909
19 169
34 232
After tax
46 330
40 591
51 331
36 268
Living cost
35 965
35 965
35 965
35 965
Free-cash
10 365
4 626
15 366
303

Estimated living cost  is ₽35965 per week

₽23690
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2835
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.
₽8888
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽16170
₽8409
₽15989
₽10602
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
13 161
pensions
-
-
-
4 698
total
-
-
-
17 859
Employee
50 310
-
62 542
-
pensions
3 840
-
5 309
-
income
9 162
-
11 266
-
health
656
-
906
-
total
13 658
-
17 481
-
Employer
50 310
-
62 542
-
health
956
-
1 189
-
pensions
5 083
-
6 769
-
total
6 039
-
7 958
-
Corporate
14 150
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.

2 688
13 395
-
-
total
2 688
13 395
-
-
Dividends
11 462
57 105
-
-
withholding
861
4 283
-
-
total
861
4 283
-
-
Income
70 500
70 500
70 500
70 500
Total tax
23 246
17 678
25 439
17 859
After tax
47 254
52 822
45 061
52 641
Living cost
36 652
36 652
36 652
36 652
Free-cash
10 602
16 170
8 409
15 989

Estimated living cost  is ₽36652 per week

₽25143
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3371
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.
₽7678
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽18175
₽12282
₽24691
₽2047
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
253
income
-
-
-
14 940
other
-
-
-
372
health
-
-
-
2 187
pensions
-
-
-
4 172
total
-
-
-
21 924
Employee
37 572
-
58 564
-
pensions
4 231
-
6 594
-
income
5 155
-
9 099
-
health
4 302
-
6 705
-
total
13 688
-
22 398
-
Employer
37 572
-
58 564
-
pensions
6 109
-
9 522
-
accident
627
-
978
-
unemployment
920
-
1 435
-
total
7 656
-
11 935
-
Corporate
25 271
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.

22 744
63 450
-
-
total
22 744
63 450
-
-
Dividends
2 527
7 050
-
-
withholding
480
1 340
-
-
total
480
1 340
-
-
Income
70 500
70 500
70 500
70 500
Total tax
44 568
64 790
34 333
21 924
After tax
25 932
5 710
36 167
48 576
Living cost
23 885
23 885
23 885
23 885
Free-cash
2 047
-18 175
12 282
24 691

Estimated living cost  is ₽23885 per week

₽17529
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1392
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽481
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4483
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽46541
₽27678
₽27678
₽41723
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
10 050
unemployment
-
-
-
846
work injury
-
-
-
353
health insurance
-
-
-
5 217
pensions
-
-
-
12 972
total
-
-
-
29 438
Employee

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

21 414
-
70 500
-
health insurance
1 585
-
5 217
-
unemployment
257
-
846
-
work injury
107
-
353
-
pensions
3 940
-
12 972
-
income
2 141
-
10 050
-
total
8 030
-
29 438
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
49 086
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
49 086
70 500
-
-
withholding
7 363
10 575
-
-
total
7 363
10 575
-
-
Income
70 500
70 500
70 500
70 500
Total tax
15 393
10 575
29 438
29 438
After tax
55 107
59 925
41 062
41 062
Living cost
13 384
13 384
13 384
13 384
Free-cash
41 723
46 541
27 678
27 678

Estimated living cost  is ₽13384 per week

₽8291
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽973
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽418
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3702
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽2335
-₽5646
-₽1733
-₽12989
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
18 132
regional
-
-
-
1 148
municipal
-
-
-
472
national
-
-
-
13 011
total
-
-
-
32 763
Employee
83 488
-
70 500
-
municipal
498
-
421
-
national
14 109
-
11 488
-
regional
1 260
-
994
-
social contributions
28 152
-
23 773
-
total
44 019
-
36 676
-
Employer
83 488
-
70 500
-
total
-
-
-
-
Corporate
-
70 500
-
-
municipal
-
3 397
-
-
nationa
-
16 920
-
-
total
-
20 317
-
-
Dividends
-
50 183
-
-
withholding
-
13 048
-
-
total
-
13 048
-
-
Income
70 500
70 500
70 500
70 500
Total tax
44 019
33 365
36 676
32 763
After tax
26 481
37 135
33 824
37 737
Living cost
39 470
39 470
39 470
39 470
Free-cash
-12 989
-2 335
-5 646
-1 733

Estimated living cost  is ₽39470 per week

₽27725
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2715
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽596
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8433
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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