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
₽7448
₽17770
₽19809
₽24080
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 375
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.

-
-
-
614
trade
-
-
-
4 271
income

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

-
-
-
11 167
total
-
-
-
22 427
Employee

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

35 691
-
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.

55
-
614
-
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.

997
-
11 167
-
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.

6 375
-
6 375
-
total
7 427
-
18 156
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
34 809
70 500
-
-
trade
5 482
11 103
-
-
chamber of commerce
191
243
-
-
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.

287
581
-
-
income
5 222
10 575
-
-
total
11 182
22 502
-
-
Dividends
23 626
47 998
-
-
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.

305
641
-
-
withholding
5 552
11 645
-
-
total
5 857
12 286
-
-
Income
70 500
70 500
70 500
70 500
Total tax
24 466
34 788
18 156
22 427
After tax
46 034
35 712
52 344
48 073
Living cost
28 264
28 264
28 264
28 264
Free-cash
17 770
7 448
24 080
19 809

Estimated living cost  is ₽28264 per week

₽17779
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3296
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽528
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6662
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽7740
-₽16971
-₽8168
-₽7615
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
70 500
social contributions
-
-
-
758
pensions
-
-
-
8 460
national
-
-
-
10 769
municipal
-
-
-
6 949
total
-
-
-
26 936
Employee
80 194
-
60 947
-
pensions
3 208
-
2 438
-
national
15 349
-
11 192
-
municipal
9 905
-
7 222
-
total
28 462
-
20 852
-
Employer
80 194
-
60 947
-
social contributions
862
-
655
-
pensions
6 415
-
4 876
-
total
7 277
-
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
35 739
26 508
26 383
26 936
After tax
34 761
43 992
44 117
43 564
Living cost
51 732
51 732
51 732
51 732
Free-cash
-16 971
-7 740
-7 615
-8 168

Estimated living cost  is ₽51732 per week

₽35161
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4809
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽774
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10987
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽36988
₽29332
₽37574
₽20585
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions

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

-
-
-
2 938
microenterprise
-
-
-
10 575
surtax
-
-
-
-
income
-
-
-
-
total
-
-
-
13 513
Employee
27 267
-
56 813
-
social contributions

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

3 000
-
6 249
-
surtax
-
-
-
-
income
4 854
-
10 566
-
total
7 854
-
16 815
-
Employer
27 267
-
56 813
-
social contributions

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

6 568
-
13 687
-
surtax
-
-
-
-
total
6 568
-
13 687
-
Corporate
36 665
70 500
-
-
income

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

7 333
14 099
-
-
total
7 333
14 099
-
-
Dividends

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

29 332
56 401
-
-
total
-
-
-
-
Income
70 500
70 500
70 500
70 500
Total tax
21 755
14 099
30 502
13 513
After tax
48 745
56 401
39 998
56 987
Living cost
19 413
19 413
19 413
19 413
Free-cash
29 332
36 988
20 585
37 574

Estimated living cost  is ₽19413 per week

₽12385
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1849
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽441
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4739
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽16926
-₽22164
₽1054
-₽22164
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
70 500
pensions
-
-
-
10 933
health
-
-
-
9 879
income
-
-
-
9 543
total
-
-
-
30 355
Employee
79 687
79 687
79 687
-
income

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

13 044
13 044
13 044
-
health
12 231
10 404
12 231
-
pensions
14 344
10 933
14 344
-
total
39 619
34 381
39 619
-
Employer
79 687
79 687
79 687
-
pensions
5 546
5 546
5 546
-
health
5 539
5 539
5 539
-
unemployment
2 869
2 869
2 869
-
total
13 954
13 954
13 954
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
70 500
70 500
70 500
70 500
Total tax
53 573
48 335
53 573
30 355
After tax
16 927
22 165
16 927
40 145
Living cost
39 091
39 091
39 091
39 091
Free-cash
-22 164
-16 926
-22 164
1 054

Estimated living cost  is ₽39091 per week

₽27703
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3524
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽622
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7243
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽316
-₽991
-₽3034
-₽528
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 192
unemployment
-
-
-
71
pensions
-
-
-
7 621
health
-
-
-
4 399
national
-
-
-
-
municipal
-
-
-
14 933
accident
-
-
-
141
total
-
-
-
35 357
Employee
54 399
-
53 645
-
national
-
-
-
-
municipal
16 222
-
15 997
-
total
16 222
-
15 997
-
Employer
54 399
-
53 645
-
accident
109
-
107
-
pensions
5 880
-
5 799
-
other
6 321
-
6 233
-
health
3 346
-
3 299
-
unemployment
1 436
-
1 416
-
total
17 092
-
16 854
-
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
33 314
32 007
32 851
35 357
After tax
37 186
38 493
37 649
35 143
Living cost
38 177
38 177
38 177
38 177
Free-cash
-991
316
-528
-3 034

Estimated living cost  is ₽38177 per week

₽25302
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3746
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽580
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8549
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽1309
₽11802
₽11225
₽15686
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 375
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.

-
-
-
614
trade
-
-
-
4 461
income

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

-
-
-
11 167
total
-
-
-
22 617
Employee

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

47 322
-
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.

223
-
614
-
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.

4 066
-
11 167
-
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.

6 375
-
6 375
-
total
10 664
-
18 156
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
23 178
70 500
-
-
trade
3 813
11 597
-
-
chamber of commerce
175
243
-
-
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.

191
581
-
-
income
3 476
10 575
-
-
total
7 655
22 996
-
-
Dividends
15 523
47 504
-
-
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.

195
634
-
-
withholding
3 526
11 521
-
-
total
3 721
12 155
-
-
Income
70 500
70 500
70 500
70 500
Total tax
22 040
35 151
18 156
22 617
After tax
48 460
35 349
52 344
47 883
Living cost
36 658
36 658
36 658
36 658
Free-cash
11 802
-1 309
15 686
11 225

Estimated living cost  is ₽36658 per week

₽24517
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3866
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽547
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7728
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽19133
₽17598
₽22397
₽20463
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
70 500
social contributions
-
-
-
10 999
health
-
-
-
1 797
income
-
-
-
5 040
total
-
-
-
17 836
Employee
71 755
71 755
71 755
-
social contributions
3 487
5 955
5 312
-
income
7 535
6 642
6 874
-
health
714
1 220
1 087
-
total
11 736
13 817
13 273
-
Employer
71 755
71 755
71 755
-
social contributions
3 487
5 955
5 312
-
health
777
1 328
1 185
-
total
4 264
7 283
6 497
-
Corporate
24 234
-
-
-
income
3 030
-
-
-
total
3 030
-
-
-
Dividends
21 204
-
-
-
withholding
3 605
-
-
-
total
3 605
-
-
-
Income
70 500
70 500
70 500
70 500
Total tax
22 635
21 100
19 770
17 836
After tax
47 865
49 400
50 730
52 664
Living cost
30 267
30 267
30 267
30 267
Free-cash
17 598
19 133
20 463
22 397

Estimated living cost  is ₽30267 per week

₽20690
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2364
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.
₽6704
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽21438
₽21821
₽30448
₽22478
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
1 057
pensions
-
-
-
7 050
health
-
-
-
4 935
income
-
-
-
8 619
total
-
-
-
21 661
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.

26 548
10 566
58 996
-
unemployment
398
158
885
-
income
3 246
1 292
7 212
-
health
1 858
740
4 130
-
pensions
2 655
1 057
5 900
-
total
8 157
3 247
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.

26 548
10 566
58 996
-
pensions
5 177
2 060
11 504
-
total
5 177
2 060
11 504
-
Corporate
38 775
57 874
-
-
income
3 490
5 209
-
-
total
3 490
5 209
-
-
Dividends
35 285
52 665
-
-
withholding
6 704
10 006
-
-
social contributions
6 760
10 149
-
-
total
13 464
20 155
-
-
Income
70 500
70 500
70 500
70 500
Total tax
30 288
30 671
29 631
21 661
After tax
40 212
39 829
40 869
48 839
Living cost
18 391
18 391
18 391
18 391
Free-cash
21 821
21 438
22 478
30 448

Estimated living cost  is ₽18391 per week

₽12551
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1505
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽367
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3969
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽33862
₽28065
₽15249
₽18096
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
70 500
pensions
-
-
-
14 099
health
-
-
-
9 166
income
-
-
-
9 447
total
-
-
-
32 712
Employee
26 472
-
52 691
-
unemployment
423
-
843
-
income
2 980
-
10 159
-
pensions
529
-
1 054
-
total
3 932
-
12 056
-
Employer
26 472
-
52 691
-
pensions
5 295
-
10 538
-
health
3 441
-
6 850
-
unemployment
212
-
421
-
total
8 948
-
17 809
-
Corporate
35 080
70 500
-
-
income
7 016
14 099
-
-
total
7 016
14 099
-
-
Dividends
28 064
56 401
-
-
total
-
-
-
-
Income
70 500
70 500
70 500
70 500
Total tax
19 896
14 099
29 865
32 712
After tax
50 604
56 401
40 635
37 788
Living cost
22 539
22 539
22 539
22 539
Free-cash
28 065
33 862
18 096
15 249

Estimated living cost  is ₽22539 per week

₽15459
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1342
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽453
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5284
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽14451
₽2619
₽28360
₽15540
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
340
pensions
-
-
-
3 813
health
-
-
-
1 999
income
-
-
-
15 596
accident
-
-
-
231
total
-
-
-
21 979
Employee
31 715
-
58 564
-
income
4 351
-
9 563
-
health
3 631
-
6 706
-
pensions
3 571
-
6 594
-
total
11 553
-
22 863
-
Employer
31 715
-
58 564
-
accident
529
-
978
-
pensions
5 157
-
9 523
-
unemployment
777
-
1 435
-
total
6 463
-
11 936
-
Corporate
32 322
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.

29 090
63 450
-
-
total
29 090
63 450
-
-
Dividends
3 232
7 050
-
-
withholding
614
1 340
-
-
total
614
1 340
-
-
Income
70 500
70 500
70 500
70 500
Total tax
47 720
64 790
34 799
21 979
After tax
22 780
5 710
35 701
48 521
Living cost
20 161
20 161
20 161
20 161
Free-cash
2 619
-14 451
15 540
28 360

Estimated living cost  is ₽20161 per week

₽14777
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1117
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽421
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3847
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

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
₽58676
₽57121
₽61496
₽48101
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
10 373
-
70 500
-
income
2 074
-
14 100
-
total
2 074
-
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%.

60 127
70 500
-
-
total
-
-
-
-
Dividends
60 127
70 500
-
-
withholding
3 006
3 525
-
-
total
3 006
3 525
-
-
Income
70 500
70 500
70 500
70 500
Total tax
5 080
3 525
14 100
705
After tax
65 420
66 975
56 400
69 795
Living cost
8 299
8 299
8 299
8 299
Free-cash
57 121
58 676
48 101
61 496

Estimated living cost  is ₽8299 per week

₽5143
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽690
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽228
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2238
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽26932
₽20628
₽13309
₽16460
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 349
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
health
-
-
-
3 102
income
-
-
-
8 955
total
-
-
-
32 326
Employee
33 882
-
56 312
-
unemployment
338
-
563
-
income
5 833
-
9 694
-
health
475
-
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.

2 371
-
3 942
-
total
9 017
-
14 987
-
Employer
33 882
-
56 312
-
accident
271
-
450
-
pensions

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

5 761
-
9 573
-
other
1 695
-
2 814
-
health
475
-
788
-
unemployment
338
-
563
-
total
8 540
-
14 188
-
Corporate
28 079
70 500
-
-
income
5 897
14 804
-
-
total
5 897
14 804
-
-
Dividends
22 182
55 696
-
-
withholding
1 553
3 899
-
-
total
1 553
3 899
-
-
Income
70 500
70 500
70 500
70 500
Total tax
25 007
18 703
29 175
32 326
After tax
45 493
51 797
41 325
38 174
Living cost
24 865
24 865
24 865
24 865
Free-cash
20 628
26 932
16 460
13 309

Estimated living cost  is ₽24865 per week

₽17568
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.
₽400
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5217
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽11644
-₽33212
-₽11856
-₽19478
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
70 500
pensions
-
-
-
4 736
income
-
-
-
13 153
total
-
-
-
17 889
Employee
91 211
-
62 505
-
income
16 442
-
11 247
-
health
1 503
-
915
-
pensions
8 799
-
5 354
-
total
26 744
-
17 516
-
Employer
91 211
-
62 505
-
pensions
10 769
-
6 808
-
health
1 732
-
1 187
-
total
12 501
-
7 995
-
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
-
4 282
-
-
total
-
4 282
-
-
Income
70 500
70 500
70 500
70 500
Total tax
39 245
17 677
25 511
17 889
After tax
31 255
52 823
44 989
52 611
Living cost
64 467
64 467
64 467
64 467
Free-cash
-33 212
-11 644
-19 478
-11 856

Estimated living cost  is ₽64467 per week

₽48306
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7574
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.
₽8063
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽48042
₽43707
₽38985
₽40737
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
130
pensions

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

-
-
-
4 825
health
-
-
-
3 749
income
-
-
-
10 575
total
-
-
-
19 279
Employee
16 202
-
64 104
-
accident

We are using the highest rate at 1.1%.

178
-
359
-
income
1 620
-
6 410
-
health
745
-
1 500
-
pensions

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

1 423
-
2 862
-
total
3 966
-
11 131
-
Employer
16 202
-
64 104
-
accident

We are using the highest rate at 1.1%.

178
-
359
-
pensions

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

1 786
-
3 592
-
health
1 118
-
2 249
-
unemployment
97
-
196
-
total
3 179
-
6 396
-
Corporate
51 118
70 500
-
-
income
5 112
7 050
-
-
total
5 112
7 050
-
-
Dividends
46 006
63 450
-
-
withholding
2 300
3 172
-
-
total
2 300
3 172
-
-
Income
70 500
70 500
70 500
70 500
Total tax
14 557
10 222
17 527
19 279
After tax
55 943
60 278
52 973
51 221
Living cost
12 236
12 236
12 236
12 236
Free-cash
43 707
48 042
40 737
38 985

Estimated living cost  is ₽12236 per week

₽7144
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽874
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽324
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3895
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽29580
-₽31163
-₽11600
-₽34818
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
70 500
pensions
-
-
-
10 933
health
-
-
-
9 879
income
-
-
-
9 543
total
-
-
-
30 355
Employee
86 515
79 687
79 687
-
income

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

13 044
13 044
13 044
-
health
10 793
10 404
12 231
-
pensions
10 933
10 933
14 344
-
total
34 770
34 381
39 619
-
Employer
86 515
79 687
79 687
-
pensions
6 021
5 546
5 546
-
health
6 012
5 539
5 539
-
unemployment
3 115
2 869
2 869
-
total
15 148
13 954
13 954
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
70 500
70 500
70 500
70 500
Total tax
49 918
48 335
53 573
30 355
After tax
20 582
22 165
16 927
40 145
Living cost
51 745
51 745
51 745
51 745
Free-cash
-31 163
-29 580
-34 818
-11 600

Estimated living cost  is ₽51745 per week

₽38170
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4622
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽593
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8360
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽25381
₽17119
₽11180
₽12618
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
20 586
health
-
-
-
9 517
income
-
-
-
6 059
solidarity contribution
-
-
-
-
total
-
-
-
36 162
Employee
34 057
-
52 612
-
social contributions
2 214
-
3 420
-
income
4 087
-
6 313
-
health
4 598
-
7 103
-
solidarity contribution
-
-
-
-
total
10 899
-
16 836
-
Employer
34 057
-
52 612
-
social contributions
8 514
-
13 153
-
health
3 065
-
4 735
-
total
11 579
-
17 888
-
Corporate
24 864
70 500
-
-
income
4 724
13 395
-
-
total
4 724
13 395
-
-
Dividends
20 140
57 105
-
-
withholding
3 021
8 566
-
-
total
3 021
8 566
-
-
Income
70 500
70 500
70 500
70 500
Total tax
30 223
21 961
34 724
36 162
After tax
40 277
48 539
35 776
34 338
Living cost
23 158
23 158
23 158
23 158
Free-cash
17 119
25 381
12 618
11 180

Estimated living cost  is ₽23158 per week

₽16086
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1647
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽455
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4969
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽1762
-₽12433
-₽1549
-₽5221
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
18 133
national
-
-
-
13 382
municipal
-
-
-
420
regional
-
-
-
738
total
-
-
-
32 673
Employee
82 933
-
70 500
-
social contributions
27 965
-
23 773
-
regional
783
-
645
-
national
14 370
-
11 553
-
municipal
439
-
374
-
total
43 557
-
36 345
-
Employer
82 933
-
70 500
-
total
-
-
-
-
Corporate
-
70 500
-
-
municipal
-
2 750
-
-
nationa
-
16 920
-
-
total
-
19 670
-
-
Dividends
-
50 830
-
-
withholding
-
13 216
-
-
total
-
13 216
-
-
Income
70 500
70 500
70 500
70 500
Total tax
43 557
32 886
36 345
32 673
After tax
26 943
37 614
34 155
37 827
Living cost
39 376
39 376
39 376
39 376
Free-cash
-12 433
-1 762
-5 221
-1 549

Estimated living cost  is ₽39376 per week

₽27448
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2582
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽604
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8741
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽23754
₽20847
₽17836
₽16276
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
-
unemployment
-
-
-
212
pensions
-
-
-
14 099
health
-
-
-
5 006
surtax
-
-
-
1 100
income
-
-
-
11 656
total
-
-
-
32 073
Employee
30 859
-
58 241
-
surtax
101
-
981
-
unemployment
2 148
-
4 053
-
income
5 173
-
10 969
-
health
788
-
1 486
-
pensions
2 058
-
3 885
-
other
-
-
-
-
total
10 268
-
21 374
-
Employer
30 859
-
58 241
-
pensions
4 114
-
7 763
-
other
-
-
-
-
health
1 404
-
2 649
-
unemployment
977
-
1 847
-
total
6 495
-
12 259
-
Corporate
33 146
70 500
-
-
income
8 619
18 330
-
-
total
8 619
18 330
-
-
Dividends
24 527
52 170
-
-
withholding
3 680
7 825
-
-
total
3 680
7 825
-
-
Income
70 500
70 500
70 500
70 500
Total tax
29 062
26 155
33 633
32 073
After tax
41 438
44 345
36 867
38 427
Living cost
20 591
20 591
20 591
20 591
Free-cash
20 847
23 754
16 276
17 836

Estimated living cost  is ₽20591 per week

₽12591
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1900
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽475
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5626
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽8781
₽1194
₽8569
₽947
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
70 500
pensions
-
-
-
4 736
income
-
-
-
13 153
total
-
-
-
17 889
Employee
61 127
-
62 505
-
income
11 009
-
11 247
-
health
887
-
915
-
pensions
5 188
-
5 354
-
total
17 084
-
17 516
-
Employer
61 127
-
62 505
-
pensions
6 617
-
6 808
-
health
1 161
-
1 187
-
total
7 778
-
7 995
-
Corporate
1 594
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.

304
13 395
-
-
total
304
13 395
-
-
Dividends
1 291
57 105
-
-
withholding
98
4 282
-
-
total
98
4 282
-
-
Income
70 500
70 500
70 500
70 500
Total tax
25 264
17 677
25 511
17 889
After tax
45 236
52 823
44 989
52 611
Living cost
44 042
44 042
44 042
44 042
Free-cash
1 194
8 781
947
8 569

Estimated living cost  is ₽44042 per week

₽32996
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3301
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽461
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7284
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽43027
-₽25970
-₽15784
-₽19407
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
1 409
pensions
-
-
-
6 487
health
-
-
-
246
national
-
-
-
266
regional
-
-
-
1 869
city
-
-
-
742
total
-
-
-
11 019
Employee
88 080
-
63 100
-
unemployment
-
-
-
-
regional
2 884
-
1 599
-
health
199
-
141
-
pensions
7 400
-
5 299
-
national
417
-
222
-
city
945
-
679
-
total
11 845
-
7 940
-
Employer
88 080
-
63 100
-
pensions
7 400
-
5 299
-
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.

1 761
-
1 262
-
health
199
-
141
-
unemployment
-
-
-
-
total
9 360
-
6 702
-
Corporate
-
70 500
-
-
national
-
5 993
-
-
regional
-
14 910
-
-
total
-
20 903
-
-
Dividends
-
49 597
-
-
withholding
-
17 359
-
-
total
-
17 359
-
-
Income
70 500
70 500
70 500
70 500
Total tax
21 205
38 262
14 642
11 019
After tax
49 295
32 238
55 858
59 481
Living cost
75 265
75 265
75 265
75 265
Free-cash
-25 970
-43 027
-19 407
-15 784

Estimated living cost  is ₽75265 per week

₽48944
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6754
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽924
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18643
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽7762
₽7371
₽4946
₽9596
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 375
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.

-
-
-
614
trade
-
-
-
4 650
income

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

-
-
-
11 167
total
-
-
-
22 806
Employee

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

56 081
-
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.

363
-
614
-
income

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

6 595
-
11 167
-
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.

6 375
-
6 375
-
total
13 333
-
18 156
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
14 419
70 500
-
-
trade
2 472
12 091
-
-
chamber of commerce
161
241
-
-
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.

119
581
-
-
income
2 162
10 575
-
-
total
4 914
23 488
-
-
Dividends
9 505
47 012
-
-
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.

112
627
-
-
withholding
2 022
11 399
-
-
total
2 134
12 026
-
-
Income
70 500
70 500
70 500
70 500
Total tax
20 381
35 514
18 156
22 806
After tax
50 119
34 986
52 344
47 694
Living cost
42 748
42 748
42 748
42 748
Free-cash
7 371
-7 762
9 596
4 946

Estimated living cost  is ₽42748 per week

₽31221
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3419
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽556
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7553
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽3608
₽9115
₽9939
₽10167
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 185
social contributions
-
-
-
2 010
pensions
-
-
-
19 832
health
-
-
-
609
surtax
-
-
-
-
income
-
-
-
3 999
total
-
-
-
28 635
Employee
39 937
-
53 721
-
social contributions
1 139
-
1 530
-
surtax
-
-
-
-
income
2 357
-
4 023
-
pensions
4 516
-
6 076
-
total
8 012
-
11 629
-
Employer
39 937
-
53 721
-
social contributions
120
-
161
-
pensions
6 561
-
8 826
-
other
1 378
-
1 854
-
health
2 796
-
3 761
-
unemployment
1 617
-
2 176
-
total
12 472
-
16 778
-
Corporate
18 091
70 500
-
-
surtax
-
-
-
-
income
5 065
19 739
-
-
total
5 065
19 739
-
-
Dividends
13 026
50 761
-
-
surtax
-
-
-
-
withholding
1 668
6 497
-
-
social contributions
2 242
8 730
-
-
total
3 910
15 227
-
-
Income
70 500
70 500
70 500
70 500
Total tax
29 459
34 966
28 407
28 635
After tax
41 041
35 534
42 093
41 865
Living cost
31 926
31 926
31 926
31 926
Free-cash
9 115
3 608
10 167
9 939

Estimated living cost  is ₽31926 per week

₽20131
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2596
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽544
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8658
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽6771
₽11956
₽13102
₽13330
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 185
social contributions
-
-
-
2 010
pensions
-
-
-
19 832
health
-
-
-
609
surtax
-
-
-
-
income
-
-
-
3 999
total
-
-
-
28 635
Employee
35 650
-
53 721
-
social contributions
1 016
-
1 530
-
surtax
-
-
-
-
income
1 838
-
4 023
-
pensions
4 032
-
6 076
-
total
6 886
-
11 629
-
Employer
35 650
-
53 721
-
social contributions
106
-
161
-
pensions
5 858
-
8 826
-
other
1 231
-
1 854
-
health
2 495
-
3 761
-
unemployment
1 443
-
2 176
-
total
11 133
-
16 778
-
Corporate
23 717
70 500
-
-
surtax
-
-
-
-
income
6 641
19 739
-
-
total
6 641
19 739
-
-
Dividends
17 076
50 761
-
-
surtax
-
-
-
-
withholding
2 185
6 497
-
-
social contributions
2 936
8 730
-
-
total
5 121
15 227
-
-
Income
70 500
70 500
70 500
70 500
Total tax
29 781
34 966
28 407
28 635
After tax
40 719
35 534
42 093
41 865
Living cost
28 763
28 763
28 763
28 763
Free-cash
11 956
6 771
13 330
13 102

Estimated living cost  is ₽28763 per week

₽16681
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2922
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽545
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8615
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽23224
₽23709
₽25488
₽26793
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
70 500
social contributions
-
-
-
9 729
health
-
-
-
4 921
income
-
-
-
10 575
total
-
-
-
25 225
Employee
31 639
-
70 500
-
social contributions
4 367
-
9 729
-
income
5 277
-
9 270
-
health
2 208
-
4 921
-
total
11 852
-
23 920
-
Employer
31 639
-
70 500
-
total
-
-
-
-
Corporate
38 861
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%.

1 943
3 526
-
-
total
1 943
3 526
-
-
Dividends
36 918
66 974
-
-
withholding
5 537
10 046
-
-
health
2 577
4 675
-
-
social contributions
5 095
9 242
-
-
total
13 209
23 963
-
-
Income
70 500
70 500
70 500
70 500
Total tax
27 004
27 489
23 920
25 225
After tax
43 496
43 011
46 580
45 275
Living cost
19 787
19 787
19 787
19 787
Free-cash
23 709
23 224
26 793
25 488

Estimated living cost  is ₽19787 per week

₽13242
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1220
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽455
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4868
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽7022
₽5579
₽4832
-₽8522
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
5 723
chamber of commerce
-
-
-
282
pensions
-
-
-
13 042
health
-
-
-
5 394
surtax
-
-
-
184
income
-
-
-
8 162
total
-
-
-
32 787
Employee
46 635
37 187
54 600
-
unemployment
1 399
1 116
1 638
-
income
5 309
2 743
7 592
-
health
1 804
1 440
2 113
-
pensions
4 776
3 807
5 591
-
other
466
372
545
-
total
13 754
9 478
17 479
-
Employer
46 635
37 187
54 600
-
accident
606
483
710
-
pensions
5 853
4 668
6 853
-
other
2 215
1 766
2 592
-
payroll
1 399
1 116
1 638
-
surtax
184
184
184
-
chamber of commerce
186
149
218
-
health
1 762
1 406
2 063
-
unemployment
1 399
1 116
1 638
-
total
13 604
10 888
15 896
-
Corporate
10 262
22 426
51 062
-
income

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

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

2 566
5 606
12 766
-
total
2 566
5 606
12 766
-
Dividends
7 696
16 819
-
-
withholding
2 116
4 625
-
-
total
2 116
4 625
-
-
Income
70 500
70 500
70 500
70 500
Total tax
32 040
30 597
46 141
32 787
After tax
38 460
39 903
24 359
37 713
Living cost
32 881
32 881
32 881
32 881
Free-cash
5 579
7 022
-8 522
4 832

Estimated living cost  is ₽32881 per week

₽21930
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2805
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.
₽7606
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽5600
-₽15680
₽1326
-₽5175
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
70 500
social contributions
-
-
-
9 766
national
-
-
-
21 740
communal

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

-
-
-
3 644
total
-
-
-
35 150
Employee

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

66 749
-
54 605
-
unemployment

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

581
-
475
-
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.

3 136
-
2 568
-
communal

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

3 481
-
2 847
-
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.

5 006
-
4 096
-
national
20 521
-
15 770
-
total
32 725
-
25 756
-
Employer

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

66 749
-
54 605
-
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.

868
-
710
-
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.

5 915
-
4 838
-
surtax
7 569
-
6 191
-
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.

4 105
-
3 359
-
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.

974
-
797
-
total
19 431
-
15 895
-
Corporate
-
70 500
-
-
surtax
-
282
-
-
income
-
14 099
-
-
total
-
14 381
-
-
Dividends
-
56 119
-
-
withholding

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

-
16 495
-
-
total
-
16 495
-
-
Income
70 500
70 500
70 500
70 500
Total tax
52 156
30 876
41 651
35 150
After tax
18 344
39 624
28 849
35 350
Living cost
34 024
34 024
34 024
34 024
Free-cash
-15 680
5 600
-5 175
1 326

Estimated living cost  is ₽34024 per week

₽21916
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2975
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽533
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8601
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽13854
₽6364
₽4093
₽4594
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
71
unemployment
-
-
-
494
pensions
-
-
-
19 952
income
-
-
-
11 556
accident
-
-
-
634
total
-
-
-
32 707
Employee
46 450
-
53 458
-
unemployment
721
-
829
-
income
9 801
-
11 770
-
pensions
2 183
-
2 513
-
other
46
-
53
-
total
12 751
-
15 165
-
Employer
46 450
-
53 458
-
accident
919
-
1 059
-
pensions
10 961
-
12 615
-
other
370
-
427
-
unemployment
2 555
-
2 940
-
total
14 805
-
17 041
-
Corporate
9 244
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.

1 387
10 575
-
-
total
1 387
10 575
-
-
Dividends
7 858
59 925
-
-
withholding
1 493
12 371
-
-
total
1 493
12 371
-
-
Income
70 500
70 500
70 500
70 500
Total tax
30 436
22 946
32 206
32 707
After tax
40 064
47 554
38 294
37 793
Living cost
33 700
33 700
33 700
33 700
Free-cash
6 364
13 854
4 594
4 093

Estimated living cost  is ₽33700 per week

₽24816
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2391
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽485
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6007
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽6981
-₽8608
-₽5803
-₽4527
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
70 500
pensions
-
-
-
11 280
health
-
-
-
5 286
surtax
-
-
-
3 731
income
-
-
-
4 661
accident
-
-
-
634
communal
-
-
-
-
total
-
-
-
25 592
Employee
70 667
-
62 974
-
surtax
4 331
-
3 859
-
income
6 826
-
5 090
-
health
3 145
-
2 803
-
pensions
5 652
-
5 038
-
total
19 954
-
16 790
-
Employer
70 667
-
62 974
-
accident
636
-
567
-
pensions
5 652
-
5 038
-
health
2 155
-
1 921
-
total
8 443
-
7 526
-
Corporate
-
70 500
-
-
surtax
-
740
-
-
communal
-
4 758
-
-
income
-
10 575
-
-
total
-
16 073
-
-
Dividends
-
54 426
-
-
income
-
2 533
-
-
withholding
-
8 164
-
-
total
-
10 697
-
-
Income
70 500
70 500
70 500
70 500
Total tax
28 397
26 770
24 316
25 592
After tax
42 103
43 730
46 184
44 908
Living cost
50 711
50 711
50 711
50 711
Free-cash
-8 608
-6 981
-4 527
-5 803

Estimated living cost  is ₽50711 per week

₽38041
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3072
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.
₽9060
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽23385
₽20414
₽17467
₽15907
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
-
unemployment
-
-
-
212
pensions
-
-
-
14 099
health
-
-
-
5 006
surtax
-
-
-
1 100
income
-
-
-
11 656
total
-
-
-
32 073
Employee
31 425
-
58 241
-
surtax
112
-
981
-
unemployment
2 187
-
4 053
-
income
5 268
-
10 969
-
health
802
-
1 486
-
pensions
2 097
-
3 885
-
other
-
-
-
-
total
10 466
-
21 374
-
Employer
31 425
-
58 241
-
pensions
4 190
-
7 763
-
other
-
-
-
-
health
1 429
-
2 649
-
unemployment
997
-
1 847
-
total
6 616
-
12 259
-
Corporate
32 459
70 500
-
-
income
8 440
18 330
-
-
total
8 440
18 330
-
-
Dividends
24 019
52 170
-
-
withholding
3 604
7 825
-
-
total
3 604
7 825
-
-
Income
70 500
70 500
70 500
70 500
Total tax
29 126
26 155
33 633
32 073
After tax
41 374
44 345
36 867
38 427
Living cost
20 960
20 960
20 960
20 960
Free-cash
20 414
23 385
15 907
17 467

Estimated living cost  is ₽20960 per week

₽12654
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1822
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽487
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5998
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽11920
₽9849
₽12365
₽8715
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
18 133
national
-
-
-
13 382
municipal
-
-
-
420
regional
-
-
-
1 063
total
-
-
-
32 998
Employee
51 763
-
70 500
-
social contributions
17 455
-
23 773
-
regional
697
-
948
-
national
8 201
-
11 553
-
municipal
274
-
374
-
total
26 627
-
36 648
-
Employer
51 763
-
70 500
-
total
-
-
-
-
Corporate
18 737
70 500
-
-
municipal
931
3 504
-
-
nationa
4 496
16 920
-
-
total
5 427
20 424
-
-
Dividends
13 309
50 075
-
-
withholding
3 460
13 019
-
-
total
3 460
13 019
-
-
Income
70 500
70 500
70 500
70 500
Total tax
35 514
33 443
36 648
32 998
After tax
34 986
37 057
33 852
37 502
Living cost
25 137
25 137
25 137
25 137
Free-cash
9 849
11 920
8 715
12 365

Estimated living cost  is ₽25137 per week

₽15633
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2546
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽430
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6527
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽20002
₽9822
₽5801
₽7239
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
20 586
health
-
-
-
9 517
income
-
-
-
6 059
solidarity contribution
-
-
-
-
total
-
-
-
36 162
Employee
41 967
-
52 612
-
social contributions
2 728
-
3 420
-
income
5 036
-
6 313
-
health
5 665
-
7 103
-
solidarity contribution
-
-
-
-
total
13 429
-
16 836
-
Employer
41 967
-
52 612
-
social contributions
10 492
-
13 153
-
health
3 777
-
4 735
-
total
14 269
-
17 888
-
Corporate
14 265
70 500
-
-
income
2 710
13 395
-
-
total
2 710
13 395
-
-
Dividends
11 555
57 105
-
-
withholding
1 733
8 566
-
-
total
1 733
8 566
-
-
Income
70 500
70 500
70 500
70 500
Total tax
32 141
21 961
34 724
36 162
After tax
38 359
48 539
35 776
34 338
Living cost
28 537
28 537
28 537
28 537
Free-cash
9 822
20 002
7 239
5 801

Estimated living cost  is ₽28537 per week

₽21222
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1581
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽494
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5241
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽10232
₽9772
₽8126
-₽5376
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
5 723
chamber of commerce
-
-
-
282
pensions
-
-
-
13 042
health
-
-
-
5 394
surtax
-
-
-
-
income
-
-
-
8 162
total
-
-
-
32 603
Employee
40 791
37 187
54 743
-
unemployment
1 224
1 116
1 642
-
income
3 634
2 743
7 634
-
health
1 578
1 440
2 118
-
pensions
4 177
3 807
5 606
-
other
407
372
547
-
total
11 020
9 478
17 547
-
Employer
40 791
37 187
54 743
-
accident
529
483
712
-
pensions
5 119
4 668
6 871
-
other
1 937
1 766
2 601
-
payroll
1 224
1 116
1 642
-
surtax
-
-
-
-
chamber of commerce
163
149
220
-
health
1 542
1 406
2 070
-
unemployment
1 224
1 116
1 642
-
total
11 738
10 704
15 758
-
Corporate
17 970
22 610
51 202
-
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.

4 493
5 652
12 800
-
total
4 493
5 652
12 800
-
Dividends
13 478
16 957
-
-
withholding
3 706
4 663
-
-
total
3 706
4 663
-
-
Income
70 500
70 500
70 500
70 500
Total tax
30 957
30 497
46 105
32 603
After tax
39 543
40 003
24 395
37 897
Living cost
29 771
29 771
29 771
29 771
Free-cash
9 772
10 232
-5 376
8 126

Estimated living cost  is ₽29771 per week

₽17859
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3041
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽531
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8341
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽54043
₽51618
₽56863
₽43468
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
16 165
-
70 500
-
income
3 233
-
14 100
-
total
3 233
-
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%.

54 335
70 500
-
-
total
-
-
-
-
Dividends
54 335
70 500
-
-
withholding
2 717
3 525
-
-
total
2 717
3 525
-
-
Income
70 500
70 500
70 500
70 500
Total tax
5 950
3 525
14 100
705
After tax
64 550
66 975
56 400
69 795
Living cost
12 932
12 932
12 932
12 932
Free-cash
51 618
54 043
43 468
56 863

Estimated living cost  is ₽12932 per week

₽8751
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽543
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽434
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3204
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽23511
₽15706
₽12446
₽10428
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
106
pensions
-
-
-
12 876
health
-
-
-
6 938
income
-
-
-
13 105
total
-
-
-
33 025
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.

41 264
-
61 001
-
unemployment
58
-
85
-
income
7 116
-
12 066
-
health
2 665
-
3 940
-
pensions
6 396
-
9 454
-
total
16 235
-
25 545
-
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.

41 264
-
61 001
-
pensions
3 651
-
5 399
-
health
2 748
-
4 062
-
unemployment
25
-
37
-
total
6 424
-
9 498
-
Corporate
22 811
70 500
-
-
income
4 335
13 395
-
-
total
4 335
13 395
-
-
Dividends
18 476
57 105
-
-
withholding
2 771
8 565
-
-
total
2 771
8 565
-
-
Income
70 500
70 500
70 500
70 500
Total tax
29 765
21 960
35 043
33 025
After tax
40 735
48 540
35 457
37 475
Living cost
25 029
25 029
25 029
25 029
Free-cash
15 706
23 511
10 428
12 446

Estimated living cost  is ₽25029 per week

₽17177
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1604
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽485
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5764
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽2094
-₽84953
₽3735
₽11798
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
70 500
social contributions
-
-
-
8 037
income
-
-
-
13 742
total
-
-
-
21 779
Employee
64 504
-
-
-
social contributions
5 289
-
754
-
income
14 228
-
-
-
total
19 517
-
754
-
Employer
64 504
-
-
-
social contributions
90 950
-
12 962
-
total
90 950
-
12 962
-
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
110 467
27 608
13 716
21 779
After tax
-39 967
42 892
56 784
48 721
Living cost
44 986
44 986
44 986
44 986
Free-cash
-84 953
-2 094
11 798
3 735

Estimated living cost  is ₽44986 per week

₽29189
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4231
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.
₽10993
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽10830
₽9892
₽10754
₽7999
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions

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

-
-
-
24 499
surtax
-
-
-
-
income
-
-
-
5 977
total
-
-
-
30 476
Employee
42 918
-
56 969
-
social contributions
4 721
-
6 267
-
surtax
-
-
-
-
income
8 927
-
13 433
-
total
13 648
-
19 700
-
Employer
42 918
-
56 969
-
social contributions
10 193
-
13 531
-
total
10 193
-
13 531
-
Corporate
17 389
70 500
-
-
surtax
-
-
-
-
income
3 651
14 804
-
-
total
3 651
14 804
-
-
Dividends
13 738
55 696
-
-
withholding
3 846
15 596
-
-
total
3 846
15 596
-
-
Income
70 500
70 500
70 500
70 500
Total tax
31 338
30 400
33 231
30 476
After tax
39 162
40 100
37 269
40 024
Living cost
29 270
29 270
29 270
29 270
Free-cash
9 892
10 830
7 999
10 754

Estimated living cost  is ₽29270 per week

₽21900
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1727
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽489
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5155
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽9536
-₽6199
-₽3205
-₽2977
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 185
social contributions
-
-
-
2 010
pensions
-
-
-
19 832
health
-
-
-
609
surtax
-
-
-
-
income
-
-
-
3 999
total
-
-
-
28 635
Employee
58 445
-
53 721
-
social contributions
1 665
-
1 530
-
surtax
-
-
-
-
income
5 099
-
4 023
-
pensions
6 611
-
6 076
-
total
13 375
-
11 629
-
Employer
58 445
-
53 721
-
social contributions
175
-
161
-
pensions
9 603
-
8 826
-
other
2 017
-
1 854
-
health
4 091
-
3 761
-
unemployment
2 368
-
2 176
-
total
18 254
-
16 778
-
Corporate
-
70 500
-
-
surtax
-
-
-
-
income
-
19 739
-
-
total
-
19 739
-
-
Dividends
-
50 761
-
-
surtax
-
-
-
-
withholding
-
6 497
-
-
social contributions
-
8 730
-
-
total
-
15 227
-
-
Income
70 500
70 500
70 500
70 500
Total tax
31 629
34 966
28 407
28 635
After tax
38 871
35 534
42 093
41 865
Living cost
45 070
45 070
45 070
45 070
Free-cash
-6 199
-9 536
-2 977
-3 205

Estimated living cost  is ₽45070 per week

₽30503
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3687
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽618
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10262
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽35400
₽32266
₽26316
₽28293
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
15 509
income
-
-
-
625
total
-
-
-
16 134
Employee
30 000
-
61 038
-
income
-
-
728
-
social contributions
1 950
-
3 967
-
total
1 950
-
4 695
-
Employer
30 000
-
61 038
-
social contributions
4 650
-
9 462
-
total
4 650
-
9 462
-
Corporate
35 850
70 500
-
-
income
3 584
7 050
-
-
total
3 584
7 050
-
-
Dividends
32 266
63 450
-
-
total
-
-
-
-
Income
70 500
70 500
70 500
70 500
Total tax
10 184
7 050
14 157
16 134
After tax
60 316
63 450
56 343
54 366
Living cost
28 050
28 050
28 050
28 050
Free-cash
32 266
35 400
28 293
26 316

Estimated living cost  is ₽28050 per week

₽18137
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2114
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽528
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7271
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽132422
-₽132422
-₽186
-₽132422
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
70 500
pensions
-
-
-
807
labour market
-
-
-
5 575
national
-
-
-
7 132
municipal
-
-
-
12 318
total
-
-
-
25 832
Employee
189 319
189 319
189 319
-
pensions
269
269
269
-
national
23 129
23 129
23 129
-
municipal
40 314
40 314
40 314
-
labour market
15 124
15 124
15 124
-
total
78 836
78 836
78 836
-
Employer
189 319
189 319
189 319
-
pensions
538
538
538
-
municipal
40 379
40 379
40 379
-
labour market
15 146
15 146
15 146
-
national
23 169
23 169
23 169
-
total
79 232
79 232
79 232
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
70 500
70 500
70 500
70 500
Total tax
158 068
158 068
158 068
25 832
After tax
-87 568
-87 568
-87 568
44 668
Living cost
44 854
44 854
44 854
44 854
Free-cash
-132 422
-132 422
-132 422
-186

Estimated living cost  is ₽44854 per week

₽30699
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3968
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽690
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9498
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽14154
₽2662
₽28657
₽15837
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
340
pensions
-
-
-
3 813
health
-
-
-
1 999
income
-
-
-
15 596
accident
-
-
-
231
total
-
-
-
21 979
Employee
31 247
-
58 564
-
income
4 287
-
9 563
-
health
3 578
-
6 706
-
pensions
3 519
-
6 594
-
total
11 384
-
22 863
-
Employer
31 247
-
58 564
-
accident
522
-
978
-
pensions
5 081
-
9 523
-
unemployment
766
-
1 435
-
total
6 369
-
11 936
-
Corporate
32 884
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.

29 596
63 450
-
-
total
29 596
63 450
-
-
Dividends
3 288
7 050
-
-
withholding
625
1 340
-
-
total
625
1 340
-
-
Income
70 500
70 500
70 500
70 500
Total tax
47 974
64 790
34 799
21 979
After tax
22 526
5 710
35 701
48 521
Living cost
19 864
19 864
19 864
19 864
Free-cash
2 662
-14 154
15 837
28 657

Estimated living cost  is ₽19864 per week

₽14459
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1132
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽373
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3900
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽12292
₽8401
₽16502
₽6198
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
696
national
-
-
-
4 912
municipal
-
-
-
12 564
total
-
-
-
18 172
Employee
49 095
-
59 308
-
unemployment
737
-
889
-
health
367
-
524
-
pensions
3 313
-
4 004
-
national
811
-
2 167
-
municipal
8 041
-
9 701
-
total
13 269
-
17 285
-
Employer
49 095
-
59 308
-
accident
50
-
58
-
pensions
8 518
-
10 290
-
health
377
-
457
-
unemployment
319
-
386
-
total
9 264
-
11 191
-
Corporate
12 142
70 500
-
-
income
2 428
14 099
-
-
total
2 428
14 099
-
-
Dividends

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

7 285
42 300
-
-
national
-
668
-
-
municipal
1 312
7 615
-
-
total
1 312
8 283
-
-
Income
70 500
70 500
70 500
70 500
Total tax
26 273
22 382
28 476
18 172
After tax
44 227
48 118
42 024
52 328
Living cost
35 826
35 826
35 826
35 826
Free-cash
8 401
12 292
6 198
16 502

Estimated living cost  is ₽35826 per week

₽23402
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3446
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.
₽8410
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽27795
₽25052
₽31059
₽29125
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
70 500
social contributions
-
-
-
10 999
health
-
-
-
1 797
income
-
-
-
5 040
total
-
-
-
17 836
Employee
71 755
71 755
71 755
-
social contributions
2 713
5 955
5 312
-
income
7 813
6 642
6 874
-
health
556
1 220
1 087
-
total
11 082
13 817
13 273
-
Employer
71 755
71 755
71 755
-
social contributions
2 713
5 955
5 312
-
health
604
1 328
1 185
-
total
3 317
7 283
6 497
-
Corporate
34 496
-
-
-
income
4 312
-
-
-
total
4 312
-
-
-
Dividends
30 184
-
-
-
withholding
5 132
-
-
-
total
5 132
-
-
-
Income
70 500
70 500
70 500
70 500
Total tax
23 843
21 100
19 770
17 836
After tax
46 657
49 400
50 730
52 664
Living cost
21 605
21 605
21 605
21 605
Free-cash
25 052
27 795
29 125
31 059

Estimated living cost  is ₽21605 per week

₽12948
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2120
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.
₽6060
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽43564
₽38820
₽39946
₽28750
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
27
pensions
-
-
-
5 936
health
-
-
-
3 377
income
-
-
-
6 398
total
-
-
-
15 738
Employee

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

21 419
-
63 918
-
unemployment
106
-
319
-
income
1 464
-
5 013
-
health
1 820
-
5 433
-
pensions
3 212
-
9 587
-
total
6 602
-
20 352
-
Employer

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

21 419
-
63 918
-
pensions
1 178
-
3 515
-
health
921
-
2 748
-
unemployment
106
-
319
-
total
2 205
-
6 582
-
Corporate
46 876
70 500
-
-
income
4 218
6 345
-
-
total
4 218
6 345
-
-
Dividends
42 658
64 155
-
-
withholding
3 839
5 775
-
-
total
3 839
5 775
-
-
Income
70 500
70 500
70 500
70 500
Total tax
16 864
12 120
26 934
15 738
After tax
53 636
58 380
43 566
54 762
Living cost
14 816
14 816
14 816
14 816
Free-cash
38 820
43 564
28 750
39 946

Estimated living cost  is ₽14816 per week

₽9453
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1068
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽441
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3853
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽21893
₽16997
₽12132
₽12633
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
71
unemployment
-
-
-
494
pensions
-
-
-
19 952
income
-
-
-
11 556
accident
-
-
-
634
total
-
-
-
32 707
Employee
34 504
-
53 458
-
unemployment
535
-
829
-
income
6 652
-
11 770
-
pensions
1 622
-
2 513
-
other
34
-
53
-
total
8 843
-
15 165
-
Employer
34 504
-
53 458
-
accident
684
-
1 059
-
pensions
8 142
-
12 615
-
other
276
-
427
-
unemployment
1 898
-
2 940
-
total
11 000
-
17 041
-
Corporate
24 996
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.

3 749
10 575
-
-
total
3 749
10 575
-
-
Dividends
21 247
59 925
-
-
withholding
4 250
12 371
-
-
total
4 250
12 371
-
-
Income
70 500
70 500
70 500
70 500
Total tax
27 842
22 946
32 206
32 707
After tax
42 658
47 554
38 294
37 793
Living cost
25 661
25 661
25 661
25 661
Free-cash
16 997
21 893
12 633
12 132

Estimated living cost  is ₽25661 per week

₽17320
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2467
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽450
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5424
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽42412
₽42152
₽43318
₽43205
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
70 500
pensions
-
-
-
1 152
health
-
-
-
835
income
-
-
-
23 615
total
-
-
-
25 602
Employee
2 406
-
69 204
-
unemployment
24
-
58
-
income
465
-
23 554
-
health
120
-
288
-
pensions
217
-
519
-
total
826
-
24 419
-
Employer
2 406
-
69 204
-
pensions
265
-
634
-
health
229
-
547
-
unemployment
48
-
115
-
total
542
-
1 296
-
Corporate
67 552
70 500
-
-
income
14 862
15 510
-
-
total
14 862
15 510
-
-
Dividends
52 691
54 990
-
-
withholding
10 538
10 998
-
-
total
10 538
10 998
-
-
Income
70 500
70 500
70 500
70 500
Total tax
26 768
26 508
25 715
25 602
After tax
43 732
43 992
44 785
44 898
Living cost
1 580
1 580
1 580
1 580
Free-cash
42 152
42 412
43 205
43 318

Estimated living cost  is ₽1580 per week

₽939
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽128
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽36
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽477
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽34859
₽30284
₽18502
₽20690
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
1 031
pensions
-
-
-
17 863
health
-
-
-
7 077
income
-
-
-
9 950
total
-
-
-
35 921
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.

24 244
-
59 796
-
unemployment
182
-
448
-
income
3 342
-
11 129
-
health
1 249
-
3 080
-
pensions
3 394
-
8 372
-
total
8 167
-
23 029
-
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.

24 244
-
59 796
-
pensions
2 909
-
7 176
-
health
1 249
-
3 080
-
unemployment
182
-
448
-
total
4 340
-
10 704
-
Corporate
41 917
70 500
-
-
income
6 288
10 575
-
-
total
6 288
10 575
-
-
Dividends
35 629
59 925
-
-
withholding
5 344
8 989
-
-
total
5 344
8 989
-
-
Income
70 500
70 500
70 500
70 500
Total tax
24 139
19 564
33 733
35 921
After tax
46 361
50 936
36 767
34 579
Living cost
16 077
16 077
16 077
16 077
Free-cash
30 284
34 859
20 690
18 502

Estimated living cost  is ₽16077 per week

₽10825
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1244
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽465
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3544
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽14943
₽14606
₽14867
₽12112
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions

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

-
-
-
24 499
surtax
-
-
-
-
income
-
-
-
5 977
total
-
-
-
30 476
Employee
36 218
-
56 969
-
social contributions
3 984
-
6 267
-
surtax
-
-
-
-
income
7 077
-
13 433
-
total
11 061
-
19 700
-
Employer
36 218
-
56 969
-
social contributions
8 601
-
13 531
-
total
8 601
-
13 531
-
Corporate
25 681
70 500
-
-
surtax
-
-
-
-
income
5 394
14 804
-
-
total
5 394
14 804
-
-
Dividends
20 287
55 696
-
-
withholding
5 681
15 596
-
-
total
5 681
15 596
-
-
Income
70 500
70 500
70 500
70 500
Total tax
30 737
30 400
33 231
30 476
After tax
39 763
40 100
37 269
40 024
Living cost
25 157
25 157
25 157
25 157
Free-cash
14 606
14 943
12 112
14 867

Estimated living cost  is ₽25157 per week

₽17818
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1748
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽446
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5146
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽14759
₽7618
₽4998
₽5499
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
71
unemployment
-
-
-
494
pensions
-
-
-
19 952
income
-
-
-
11 556
accident
-
-
-
634
total
-
-
-
32 707
Employee
45 067
-
53 458
-
unemployment
698
-
829
-
income
9 413
-
11 770
-
pensions
2 118
-
2 513
-
other
44
-
53
-
total
12 273
-
15 165
-
Employer
45 067
-
53 458
-
accident
892
-
1 059
-
pensions
10 636
-
12 615
-
other
361
-
427
-
unemployment
2 479
-
2 940
-
total
14 368
-
17 041
-
Corporate
11 065
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.

1 659
10 575
-
-
total
1 659
10 575
-
-
Dividends
9 405
59 925
-
-
withholding
1 787
12 371
-
-
total
1 787
12 371
-
-
Income
70 500
70 500
70 500
70 500
Total tax
30 087
22 946
32 206
32 707
After tax
40 413
47 554
38 294
37 793
Living cost
32 795
32 795
32 795
32 795
Free-cash
7 618
14 759
5 499
4 998

Estimated living cost  is ₽32795 per week

₽23552
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2550
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽462
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6232
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽44224
₽38535
₽35167
₽36919
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
130
pensions

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

-
-
-
4 825
health
-
-
-
3 749
income
-
-
-
10 575
total
-
-
-
19 279
Employee
21 258
-
64 104
-
accident

We are using the highest rate at 1.1%.

234
-
359
-
income
2 126
-
6 410
-
health
978
-
1 500
-
pensions

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

1 866
-
2 862
-
total
5 204
-
11 131
-
Employer
21 258
-
64 104
-
accident

We are using the highest rate at 1.1%.

234
-
359
-
pensions

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

2 343
-
3 592
-
health
1 467
-
2 249
-
unemployment
128
-
196
-
total
4 172
-
6 396
-
Corporate
45 071
70 500
-
-
income
4 507
7 050
-
-
total
4 507
7 050
-
-
Dividends
40 564
63 450
-
-
withholding
2 028
3 172
-
-
total
2 028
3 172
-
-
Income
70 500
70 500
70 500
70 500
Total tax
15 911
10 222
17 527
19 279
After tax
54 589
60 278
52 973
51 221
Living cost
16 054
16 054
16 054
16 054
Free-cash
38 535
44 224
36 919
35 167

Estimated living cost  is ₽16054 per week

₽10618
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽919
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽383
Clothing and shoes. We estimate one pair of shoes and 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 Sofia model

Close
Berlin , Germany
₽413
₽12618
₽12427
₽16318
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 375
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.

-
-
-
614
trade
-
-
-
3 891
income

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

-
-
-
11 167
total
-
-
-
22 047
Employee

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

46 430
-
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.

211
-
614
-
income

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

3 818
-
11 167
-
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.

6 375
-
6 375
-
total
10 404
-
18 156
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
24 070
70 500
-
-
trade
3 455
10 117
-
-
chamber of commerce
177
244
-
-
surtax

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

198
581
-
-
income
3 611
10 575
-
-
total
7 441
21 517
-
-
Dividends
16 629
48 983
-
-
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.

209
653
-
-
withholding
3 802
11 891
-
-
total
4 011
12 544
-
-
Income
70 500
70 500
70 500
70 500
Total tax
21 856
34 061
18 156
22 047
After tax
48 644
36 439
52 344
48 453
Living cost
36 026
36 026
36 026
36 026
Free-cash
12 618
413
16 318
12 427

Estimated living cost  is ₽36026 per week

₽24852
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3876
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽522
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6775
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽3805
-₽2494
-₽1222
-₽1222
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
5 789
income
-
-
-
12 777
total
-
-
-
18 566
Employee
72 993
-
70 500
-
income
13 774
-
12 777
-
social contributions
6 064
-
5 789
-
total
19 838
-
18 566
-
Employer
72 993
-
70 500
-
total
-
-
-
-
Corporate
-
70 500
-
-
income
-
8 812
-
-
total
-
8 812
-
-
Dividends
-
61 688
-
-
withholding
-
12 337
-
-
total
-
12 337
-
-
Income
70 500
70 500
70 500
70 500
Total tax
19 838
21 149
18 566
18 566
After tax
50 662
49 351
51 934
51 934
Living cost
53 156
53 156
53 156
53 156
Free-cash
-2 494
-3 805
-1 222
-1 222

Estimated living cost  is ₽53156 per week

₽40440
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4331
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.
₽7877
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽7021
₽12425
₽4110
₽17548
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health

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

-
-
-
5 954
income
-
-
-
26 562
total
-
-
-
32 516
Employee
42 807
-
66 208
-
income
4 645
-
10 494
-
social contributions
4 289
-
4 292
-
total
8 934
-
14 786
-
Employer
42 807
-
66 208
-
social contributions
4 289
-
4 292
-
total
4 289
-
4 292
-
Corporate
23 404
70 500
-
-
income
8 192
24 675
-
-
total
8 192
24 675
-
-
Dividends
15 212
45 825
-
-
social contributions
2 786
4 930
-
-
total
2 786
4 930
-
-
Income
70 500
70 500
70 500
70 500
Total tax
24 201
29 605
19 078
32 516
After tax
46 299
40 895
51 422
37 984
Living cost
33 874
33 874
33 874
33 874
Free-cash
12 425
7 021
17 548
4 110

Estimated living cost  is ₽33874 per week

₽22312
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2670
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.
₽8371
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽17018
₽11580
₽16806
₽9184
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
70 500
pensions
-
-
-
4 736
income
-
-
-
13 153
total
-
-
-
17 889
Employee
49 147
-
62 505
-
income
8 950
-
11 247
-
health
641
-
915
-
pensions
3 751
-
5 354
-
total
13 342
-
17 516
-
Employer
49 147
-
62 505
-
pensions
4 965
-
6 808
-
health
934
-
1 187
-
total
5 899
-
7 995
-
Corporate
15 453
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.

2 936
13 395
-
-
total
2 936
13 395
-
-
Dividends
12 517
57 105
-
-
withholding
938
4 282
-
-
total
938
4 282
-
-
Income
70 500
70 500
70 500
70 500
Total tax
23 115
17 677
25 511
17 889
After tax
47 385
52 823
44 989
52 611
Living cost
35 805
35 805
35 805
35 805
Free-cash
11 580
17 018
9 184
16 806

Estimated living cost  is ₽35805 per week

₽24562
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3293
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽448
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7500
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽16121
₽2362
₽26690
₽13870
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
340
pensions
-
-
-
3 813
health
-
-
-
1 999
income
-
-
-
15 596
accident
-
-
-
231
total
-
-
-
21 979
Employee
34 340
-
58 564
-
income
4 711
-
9 563
-
health
3 932
-
6 706
-
pensions
3 867
-
6 594
-
total
12 510
-
22 863
-
Employer
34 340
-
58 564
-
accident
573
-
978
-
pensions
5 584
-
9 523
-
unemployment
841
-
1 435
-
total
6 998
-
11 936
-
Corporate
29 161
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.

26 245
63 450
-
-
total
26 245
63 450
-
-
Dividends
2 916
7 050
-
-
withholding
554
1 340
-
-
total
554
1 340
-
-
Income
70 500
70 500
70 500
70 500
Total tax
46 307
64 790
34 799
21 979
After tax
24 193
5 710
35 701
48 521
Living cost
21 831
21 831
21 831
21 831
Free-cash
2 362
-16 121
13 870
26 690

Estimated living cost  is ₽21831 per week

₽16021
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1272
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽440
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4097
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47316
₽42777
₽28300
₽28300
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
846
pensions
-
-
-
12 972
income
-
-
-
10 203
health insurance
-
-
-
5 217
work injury
-
-
-
353
total
-
-
-
29 591
Employee

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

20 174
-
70 500
-
unemployment
242
-
846
-
income
2 017
-
10 203
-
pensions
3 712
-
12 972
-
work injury
101
-
353
-
health insurance
1 493
-
5 217
-
total
7 565
-
29 591
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
50 326
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
50 326
70 500
-
-
withholding
7 549
10 575
-
-
total
7 549
10 575
-
-
Income
70 500
70 500
70 500
70 500
Total tax
15 114
10 575
29 591
29 591
After tax
55 386
59 925
40 909
40 909
Living cost
12 609
12 609
12 609
12 609
Free-cash
42 777
47 316
28 300
28 300

Estimated living cost  is ₽12609 per week

₽7811
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽916
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽393
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3488
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽40
-₽8134
₽141
-₽3431
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
18 133
national
-
-
-
13 382
municipal
-
-
-
471
regional
-
-
-
1 198
total
-
-
-
33 184
Employee
78 633
-
70 500
-
social contributions
26 515
-
23 773
-
regional
1 187
-
1 010
-
national
13 288
-
11 553
-
municipal
469
-
420
-
total
41 459
-
36 756
-
Employer
78 633
-
70 500
-
total
-
-
-
-
Corporate
-
70 500
-
-
municipal
-
3 398
-
-
nationa
-
16 920
-
-
total
-
20 318
-
-
Dividends
-
50 182
-
-
withholding
-
13 047
-
-
total
-
13 047
-
-
Income
70 500
70 500
70 500
70 500
Total tax
41 459
33 365
36 756
33 184
After tax
29 041
37 135
33 744
37 316
Living cost
37 174
37 174
37 174
37 174
Free-cash
-8 134
-40
-3 431
141

Estimated living cost  is ₽37174 per week

₽26113
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2557
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽561
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7942
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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