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
₽17480
₽6993
₽23729
₽19570
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
70 500
trade
-
-
-
4 159
income

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

-
-
-
10 965
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.

-
-
-
6 479
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.

-
-
-
603
total
-
-
-
22 206
Employee

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

36 271
-
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.

56
-
603
-
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.

6 479
-
6 479
-
income

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

1 013
-
10 965
-
total
7 548
-
18 047
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
34 229
70 500
-
-
trade
5 392
11 104
-
-
income
5 134
10 574
-
-
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.

283
581
-
-
chamber of commerce
193
245
-
-
total
11 002
22 504
-
-
Dividends
23 228
47 996
-
-
withholding
5 447
11 638
-
-
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.

299
641
-
-
total
5 746
12 279
-
-
Income
70 500
70 500
70 500
70 500
Total tax
24 296
34 783
18 047
22 206
After tax
46 204
35 717
52 453
48 294
Living cost
28 724
28 724
28 724
28 724
Free-cash
17 480
6 993
23 729
19 570

Estimated living cost  is ₽28724 per week

₽18068
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3349
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽536
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6770
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽11409
-₽4450
-₽4531
-₽5084
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
70 500
social contributions
-
-
-
758
pensions
-
-
-
8 460
municipal
-
-
-
7 030
national
-
-
-
10 894
total
-
-
-
27 142
Employee
75 095
-
60 947
-
national
14 373
-
11 317
-
municipal
9 275
-
7 303
-
pensions
3 004
-
2 438
-
total
26 652
-
21 058
-
Employer
75 095
-
60 947
-
pensions
6 008
-
4 876
-
social contributions
807
-
655
-
total
6 815
-
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
33 467
26 508
26 589
27 142
After tax
37 033
43 992
43 911
43 358
Living cost
48 442
48 442
48 442
48 442
Free-cash
-11 409
-4 450
-4 531
-5 084

Estimated living cost  is ₽48442 per week

₽32926
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4503
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽725
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10288
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28890
₽36671
₽20286
₽37211
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
2 986
income
-
-
-
-
microenterprise
-
-
-
10 574
surtax
-
-
-
-
total
-
-
-
13 560
Employee
27 710
-
56 814
-
surtax
-
-
-
-
social contributions

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

3 049
-
6 250
-
income
4 933
-
10 549
-
total
7 982
-
16 799
-
Employer
27 710
-
56 814
-
social contributions

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

6 675
-
13 686
-
surtax
-
-
-
-
total
6 675
-
13 686
-
Corporate
36 115
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%.

7 224
14 100
-
-
total
7 224
14 100
-
-
Dividends

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

28 892
56 400
-
-
total
-
-
-
-
Income
70 500
70 500
70 500
70 500
Total tax
21 881
14 100
30 485
13 560
After tax
48 619
56 400
40 015
56 940
Living cost
19 729
19 729
19 729
19 729
Free-cash
28 890
36 671
20 286
37 211

Estimated living cost  is ₽19729 per week

₽12586
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1879
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.
₽4816
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽23668
-₽18345
-₽23668
₽426
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
70 500
income
-
-
-
9 262
pensions
-
-
-
11 111
health
-
-
-
9 975
total
-
-
-
30 348
Employee
80 982
80 982
80 982
-
health
12 430
10 573
12 430
-
pensions
14 577
11 111
14 577
-
income

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

13 255
13 255
13 255
-
total
40 262
34 939
40 262
-
Employer
80 982
80 982
80 982
-
pensions
5 636
5 636
5 636
-
unemployment
2 915
2 915
2 915
-
health
5 629
5 629
5 629
-
total
14 180
14 180
14 180
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Income
70 500
70 500
70 500
70 500
Total tax
54 442
49 119
54 442
30 348
After tax
16 058
21 381
16 058
40 152
Living cost
39 726
39 726
39 726
39 726
Free-cash
-23 668
-18 345
-23 668
426

Estimated living cost  is ₽39726 per week

₽28153
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3581
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽632
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7360
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽2896
-₽701
-₽1545
-₽4051
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
14 933
accident
-
-
-
141
national
-
-
-
-
health
-
-
-
4 399
total
-
-
-
35 357
Employee
55 848
-
53 645
-
national
-
-
-
-
municipal
16 654
-
15 997
-
total
16 654
-
15 997
-
Employer
55 848
-
53 645
-
other
6 490
-
6 233
-
accident
112
-
107
-
pensions
6 037
-
5 799
-
unemployment
1 474
-
1 416
-
health
3 435
-
3 299
-
total
17 548
-
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
34 202
32 007
32 851
35 357
After tax
36 298
38 493
37 649
35 143
Living cost
39 194
39 194
39 194
39 194
Free-cash
-2 896
-701
-1 545
-4 051

Estimated living cost  is ₽39194 per week

₽25976
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3846
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽595
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8777
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽11422
-₽1900
₽15199
₽10855
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
70 500
trade
-
-
-
4 344
income

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

-
-
-
10 965
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.

-
-
-
6 479
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.

-
-
-
603
total
-
-
-
22 391
Employee

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

48 091
-
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.

227
-
603
-
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.

6 479
-
6 479
-
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.

4 132
-
10 965
-
total
10 838
-
18 047
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
22 409
70 500
-
-
trade
3 686
11 597
-
-
income
3 362
10 574
-
-
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.

185
581
-
-
chamber of commerce
176
245
-
-
total
7 409
22 997
-
-
Dividends
15 000
47 503
-
-
withholding
3 390
11 516
-
-
surtax

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

187
633
-
-
total
3 577
12 149
-
-
Income
70 500
70 500
70 500
70 500
Total tax
21 824
35 146
18 047
22 391
After tax
48 676
35 354
52 453
48 109
Living cost
37 254
37 254
37 254
37 254
Free-cash
11 422
-1 900
15 199
10 855

Estimated living cost  is ₽37254 per week

₽24915
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3929
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.
₽7853
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽17056
₽18298
₽19828
₽22059
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
70 500
social contributions
-
-
-
10 997
income
-
-
-
4 888
health
-
-
-
1 798
total
-
-
-
17 683
Employee
72 921
72 921
72 921
-
health
725
1 240
1 089
-
social contributions
3 543
6 052
5 312
-
income
7 657
6 750
7 017
-
total
11 925
14 042
13 418
-
Employer
72 921
72 921
72 921
-
social contributions
3 543
6 052
5 312
-
health
790
1 350
1 184
-
total
4 333
7 402
6 496
-
Corporate
23 482
-
-
-
income
2 935
-
-
-
total
2 935
-
-
-
Dividends
20 547
-
-
-
withholding
3 493
-
-
-
total
3 493
-
-
-
Income
70 500
70 500
70 500
70 500
Total tax
22 686
21 444
19 914
17 683
After tax
47 814
49 056
50 586
52 817
Living cost
30 758
30 758
30 758
30 758
Free-cash
17 056
18 298
19 828
22 059

Estimated living cost  is ₽30758 per week

₽21026
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2402
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽516
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6813
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽22569
₽22201
₽23257
₽31227
S + D Salary + Dividends

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

Dividends

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

Salary

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

25 424
10 118
58 996
-
unemployment
381
152
885
-
health
1 780
708
4 130
-
pensions
2 542
1 012
5 900
-
income
3 108
1 237
7 212
-
total
7 811
3 109
18 127
-
Employer

As of 2018, the minimum salary of a managing director was set at 180,500 HUF per month.

The minimum wage is 138,000 HUF per month.

25 424
10 118
58 996
-
pensions
4 958
1 973
11 504
-
total
4 958
1 973
11 504
-
Corporate
40 118
58 409
-
-
income
3 611
5 257
-
-
total
3 611
5 257
-
-
Dividends
36 508
53 152
-
-
withholding
6 936
10 099
-
-
social contributions
7 003
10 249
-
-
total
13 939
20 348
-
-
Income
70 500
70 500
70 500
70 500
Total tax
30 319
30 687
29 631
21 661
After tax
40 181
39 813
40 869
48 839
Living cost
17 612
17 612
17 612
17 612
Free-cash
22 569
22 201
23 257
31 227

Estimated living cost  is ₽17612 per week

₽12019
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1441
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽352
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3801
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽27603
₽33495
₽17731
₽14884
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
70 500
income
-
-
-
9 446
pensions
-
-
-
14 100
health
-
-
-
9 165
total
-
-
-
32 711
Employee
26 902
-
52 691
-
unemployment
430
-
842
-
pensions
538
-
1 055
-
income
3 029
-
10 159
-
total
3 997
-
12 056
-
Employer
26 902
-
52 691
-
pensions
5 381
-
10 538
-
unemployment
216
-
421
-
health
3 497
-
6 849
-
total
9 094
-
17 808
-
Corporate
34 505
70 500
-
-
income
6 901
14 100
-
-
total
6 901
14 100
-
-
Dividends
27 603
56 400
-
-
total
-
-
-
-
Income
70 500
70 500
70 500
70 500
Total tax
19 992
14 100
29 864
32 711
After tax
50 508
56 400
40 636
37 789
Living cost
22 905
22 905
22 905
22 905
Free-cash
27 603
33 495
17 731
14 884

Estimated living cost  is ₽22905 per week

₽15710
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1364
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.
₽5370
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽2449
-₽15552
₽14708
₽27291
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
358
income
-
-
-
15 215
pensions
-
-
-
4 021
accident
-
-
-
244
health
-
-
-
2 108
total
-
-
-
21 946
Employee
33 448
-
58 564
-
health
3 830
-
6 706
-
pensions
3 766
-
6 594
-
income
4 589
-
9 294
-
total
12 185
-
22 594
-
Employer
33 448
-
58 564
-
accident
558
-
978
-
pensions
5 439
-
9 522
-
unemployment
819
-
1 435
-
total
6 816
-
11 935
-
Corporate
30 236
70 500
-
-
income

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

27 212
63 450
-
-
total
27 212
63 450
-
-
Dividends
3 023
7 050
-
-
withholding
575
1 339
-
-
total
575
1 339
-
-
Income
70 500
70 500
70 500
70 500
Total tax
46 788
64 789
34 529
21 946
After tax
23 712
5 711
35 971
48 554
Living cost
21 263
21 263
21 263
21 263
Free-cash
2 449
-15 552
14 708
27 291

Estimated living cost  is ₽21263 per week

₽15584
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1178
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽444
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4058
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽57820
₽59265
₽48690
₽62085
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We expect you will register a microenterprise to benefit from 1% tax rate. Otherwise you will be taxed at a personal income rate of 20%.

-
-
-
70 500
microenterprise

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

-
-
-
705
total
-
-
-
705
Employee
9 637
-
70 500
-
income
1 927
-
14 100
-
total
1 927
-
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%.

60 863
70 500
-
-
total
-
-
-
-
Dividends
60 863
70 500
-
-
withholding
3 043
3 525
-
-
total
3 043
3 525
-
-
Income
70 500
70 500
70 500
70 500
Total tax
4 970
3 525
14 100
705
After tax
65 530
66 975
56 400
69 795
Living cost
7 710
7 710
7 710
7 710
Free-cash
57 820
59 265
48 690
62 085

Estimated living cost  is ₽7710 per week

₽4778
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽641
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽212
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2079
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽20123
₽26528
₽16054
₽12902
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
8 955
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.

-
-
-
16 922
health
-
-
-
3 103
total
-
-
-
32 329
Employee
34 432
-
56 310
-
unemployment
344
-
563
-
health
482
-
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.

2 410
-
3 943
-
income
5 928
-
9 693
-
total
9 164
-
14 987
-
Employer
34 432
-
56 310
-
other
1 722
-
2 815
-
accident
275
-
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.

5 854
-
9 574
-
unemployment
344
-
563
-
health
482
-
788
-
total
8 677
-
14 190
-
Corporate
27 390
70 500
-
-
income
5 752
14 805
-
-
total
5 752
14 805
-
-
Dividends
21 639
55 695
-
-
withholding
1 515
3 898
-
-
total
1 515
3 898
-
-
Income
70 500
70 500
70 500
70 500
Total tax
25 108
18 703
29 177
32 329
After tax
45 392
51 797
41 323
38 171
Living cost
25 269
25 269
25 269
25 269
Free-cash
20 123
26 528
16 054
12 902

Estimated living cost  is ₽25269 per week

₽17854
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1706
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽407
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5302
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽29595
-₽9395
-₽17336
-₽9651
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
70 500
income
-
-
-
13 141
pensions
-
-
-
4 792
total
-
-
-
17 933
Employee
88 029
-
62 450
-
health
1 451
-
926
-
pensions
8 492
-
5 423
-
income
15 868
-
11 219
-
total
25 811
-
17 568
-
Employer
88 029
-
62 450
-
pensions
10 394
-
6 864
-
health
1 672
-
1 186
-
total
12 066
-
8 050
-
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
37 877
17 677
25 618
17 933
After tax
32 623
52 823
44 882
52 567
Living cost
62 218
62 218
62 218
62 218
Free-cash
-29 595
-9 395
-17 336
-9 651

Estimated living cost  is ₽62218 per week

₽46621
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7310
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽506
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7781
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽43454
₽47854
₽40391
₽38666
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
132
income
-
-
-
10 575
pensions

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

-
-
-
4 898
health
-
-
-
3 806
total
-
-
-
19 411
Employee
16 449
-
64 007
-
accident

We are using the highest rate at 1.1%.

181
-
364
-
health
757
-
1 522
-
pensions

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

1 444
-
2 906
-
income
1 645
-
6 400
-
total
4 027
-
11 192
-
Employer
16 449
-
64 007
-
accident

We are using the highest rate at 1.1%.

181
-
364
-
pensions

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

1 813
-
3 647
-
unemployment
98
-
199
-
health
1 135
-
2 284
-
total
3 227
-
6 494
-
Corporate
50 823
70 500
-
-
income
5 082
7 050
-
-
total
5 082
7 050
-
-
Dividends
45 741
63 450
-
-
withholding
2 287
3 173
-
-
total
2 287
3 173
-
-
Income
70 500
70 500
70 500
70 500
Total tax
14 623
10 223
17 686
19 411
After tax
55 877
60 277
52 814
51 089
Living cost
12 423
12 423
12 423
12 423
Free-cash
43 454
47 854
40 391
38 666

Estimated living cost  is ₽12423 per week

₽7253
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽887
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽329
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3954
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽32814
-₽31204
-₽36527
-₽12433
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
70 500
income
-
-
-
9 262
pensions
-
-
-
11 111
health
-
-
-
9 975
total
-
-
-
30 348
Employee
87 920
80 982
80 982
-
health
10 969
10 573
12 430
-
pensions
11 111
11 111
14 577
-
income

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

13 255
13 255
13 255
-
total
35 335
34 939
40 262
-
Employer
87 920
80 982
80 982
-
pensions
6 119
5 636
5 636
-
unemployment
3 165
2 915
2 915
-
health
6 110
5 629
5 629
-
total
15 394
14 180
14 180
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Income
70 500
70 500
70 500
70 500
Total tax
50 729
49 119
54 442
30 348
After tax
19 771
21 381
16 058
40 152
Living cost
52 585
52 585
52 585
52 585
Free-cash
-32 814
-31 204
-36 527
-12 433

Estimated living cost  is ₽52585 per week

₽38790
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4697
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽603
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8496
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽16506
₽24929
₽12166
₽10727
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
6 059
health
-
-
-
9 518
solidarity contribution
-
-
-
-
total
-
-
-
36 163
Employee
34 721
-
52 612
-
solidarity contribution
-
-
-
-
health
4 687
-
7 103
-
social contributions
2 257
-
3 420
-
income
4 167
-
6 313
-
total
11 111
-
16 836
-
Employer
34 721
-
52 612
-
social contributions
8 680
-
13 153
-
health
3 125
-
4 735
-
total
11 805
-
17 888
-
Corporate
23 974
70 500
-
-
income
4 555
13 395
-
-
total
4 555
13 395
-
-
Dividends
19 419
57 105
-
-
withholding
2 913
8 566
-
-
total
2 913
8 566
-
-
Income
70 500
70 500
70 500
70 500
Total tax
30 384
21 961
34 724
36 163
After tax
40 116
48 539
35 776
34 337
Living cost
23 610
23 610
23 610
23 610
Free-cash
16 506
24 929
12 166
10 727

Estimated living cost  is ₽23610 per week

₽16400
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1680
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽464
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5066
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽13779
-₽2401
-₽5842
-₽2080
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
70 500
regional
-
-
-
736
social contributions
-
-
-
18 133
municipal
-
-
-
419
national
-
-
-
13 277
total
-
-
-
32 565
Employee
84 280
-
70 500
-
national
14 604
-
11 537
-
regional
795
-
643
-
municipal
446
-
374
-
social contributions
28 419
-
23 773
-
total
44 264
-
36 327
-
Employer
84 280
-
70 500
-
total
-
-
-
-
Corporate
-
70 500
-
-
nationa
-
16 920
-
-
municipal
-
2 750
-
-
total
-
19 670
-
-
Dividends
-
50 830
-
-
withholding
-
13 216
-
-
total
-
13 216
-
-
Income
70 500
70 500
70 500
70 500
Total tax
44 264
32 886
36 327
32 565
After tax
26 236
37 614
34 173
37 935
Living cost
40 015
40 015
40 015
40 015
Free-cash
-13 779
-2 401
-5 842
-2 080

Estimated living cost  is ₽40015 per week

₽27894
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2624
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽614
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8883
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽20467
₽23418
₽16016
₽17574
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
216
income
-
-
-
11 602
pensions
-
-
-
14 100
health
-
-
-
5 006
surtax
-
-
-
1 076
total
-
-
-
32 000
Employee
31 360
-
58 239
-
surtax
103
-
957
-
unemployment
2 183
-
4 053
-
other
-
-
-
-
health
801
-
1 485
-
pensions
2 091
-
3 885
-
income
5 257
-
10 918
-
total
10 435
-
21 298
-
Employer
31 360
-
58 239
-
other
-
-
-
-
pensions
4 180
-
7 763
-
unemployment
993
-
1 846
-
health
1 427
-
2 651
-
total
6 600
-
12 260
-
Corporate
32 539
70 500
-
-
income
8 460
18 331
-
-
total
8 460
18 331
-
-
Dividends
24 079
52 169
-
-
withholding
3 612
7 825
-
-
total
3 612
7 825
-
-
Income
70 500
70 500
70 500
70 500
Total tax
29 107
26 156
33 558
32 000
After tax
41 393
44 344
36 942
38 500
Living cost
20 926
20 926
20 926
20 926
Free-cash
20 467
23 418
16 016
17 574

Estimated living cost  is ₽20926 per week

₽12795
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1931
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽482
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5717
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽2995
₽10317
₽2376
₽10061
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
70 500
income
-
-
-
13 141
pensions
-
-
-
4 792
total
-
-
-
17 933
Employee
58 995
-
62 450
-
health
856
-
926
-
pensions
5 007
-
5 423
-
income
10 625
-
11 219
-
total
16 488
-
17 568
-
Employer
58 995
-
62 450
-
pensions
6 386
-
6 864
-
health
1 121
-
1 186
-
total
7 507
-
8 050
-
Corporate
3 998
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.

760
13 395
-
-
total
760
13 395
-
-
Dividends
3 238
57 105
-
-
withholding
244
4 282
-
-
total
244
4 282
-
-
Income
70 500
70 500
70 500
70 500
Total tax
24 999
17 677
25 618
17 933
After tax
45 501
52 823
44 882
52 567
Living cost
42 506
42 506
42 506
42 506
Free-cash
2 995
10 317
2 376
10 061

Estimated living cost  is ₽42506 per week

₽31845
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3186
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽445
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7030
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽25559
-₽42706
-₽19096
-₽15472
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
70 500
other

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

-
-
-
1 411
city
-
-
-
743
regional
-
-
-
1 875
pensions
-
-
-
6 487
national
-
-
-
267
health
-
-
-
244
total
-
-
-
11 027
Employee
87 705
-
63 101
-
national
415
-
223
-
unemployment
-
-
-
-
city
941
-
678
-
regional
2 872
-
1 605
-
health
198
-
142
-
pensions
7 368
-
5 299
-
total
11 794
-
7 947
-
Employer
87 705
-
63 101
-
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.

1 754
-
1 263
-
pensions
7 368
-
5 299
-
unemployment
-
-
-
-
health
198
-
142
-
total
9 320
-
6 704
-
Corporate
-
70 500
-
-
regional
-
14 910
-
-
national
-
5 992
-
-
total
-
20 902
-
-
Dividends
-
49 598
-
-
withholding
-
17 359
-
-
total
-
17 359
-
-
Income
70 500
70 500
70 500
70 500
Total tax
21 114
38 261
14 651
11 027
After tax
49 386
32 239
55 849
59 473
Living cost
74 945
74 945
74 945
74 945
Free-cash
-25 559
-42 706
-19 096
-15 472

Estimated living cost  is ₽74945 per week

₽48736
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6726
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽920
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18563
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽6923
-₽8449
₽9010
₽4480
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
70 500
trade
-
-
-
4 530
income

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

-
-
-
10 965
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.

-
-
-
6 479
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.

-
-
-
603
total
-
-
-
22 577
Employee

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

56 992
-
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.

369
-
603
-
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.

6 479
-
6 479
-
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.

6 702
-
10 965
-
total
13 550
-
18 047
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
13 508
70 500
-
-
trade
2 316
12 091
-
-
income
2 026
10 574
-
-
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
581
-
-
chamber of commerce
164
243
-
-
total
4 618
23 489
-
-
Dividends
8 891
47 010
-
-
withholding
1 863
11 391
-
-
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.

103
626
-
-
total
1 966
12 017
-
-
Income
70 500
70 500
70 500
70 500
Total tax
20 134
35 506
18 047
22 577
After tax
50 366
34 994
52 453
47 923
Living cost
43 443
43 443
43 443
43 443
Free-cash
6 923
-8 449
9 010
4 480

Estimated living cost  is ₽43443 per week

₽31729
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3475
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽565
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7675
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽8689
₽3088
₽9688
₽9442
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 008
income
-
-
-
3 956
pensions
-
-
-
19 854
health
-
-
-
610
surtax
-
-
-
-
total
-
-
-
28 613
Employee
40 586
-
53 722
-
surtax
-
-
-
-
pensions
4 589
-
6 075
-
social contributions
1 157
-
1 531
-
income
2 395
-
3 983
-
total
8 141
-
11 589
-
Employer
40 586
-
53 722
-
other
1 400
-
1 854
-
pensions
6 668
-
8 825
-
unemployment
1 643
-
2 176
-
social contributions
122
-
162
-
health
2 842
-
3 761
-
total
12 675
-
16 778
-
Corporate
17 239
70 500
-
-
income
4 827
19 740
-
-
surtax
-
-
-
-
total
4 827
19 740
-
-
Dividends
12 413
50 760
-
-
withholding
1 589
6 497
-
-
social contributions
2 134
8 730
-
-
surtax
-
-
-
-
total
3 723
15 227
-
-
Income
70 500
70 500
70 500
70 500
Total tax
29 366
34 967
28 367
28 613
After tax
41 134
35 533
42 133
41 887
Living cost
32 445
32 445
32 445
32 445
Free-cash
8 689
3 088
9 688
9 442

Estimated living cost  is ₽32445 per week

₽20458
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2638
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽552
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8798
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽11569
₽6303
₽12903
₽12657
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 008
income
-
-
-
3 956
pensions
-
-
-
19 854
health
-
-
-
610
surtax
-
-
-
-
total
-
-
-
28 613
Employee
36 229
-
53 722
-
surtax
-
-
-
-
pensions
4 098
-
6 075
-
social contributions
1 033
-
1 531
-
income
1 868
-
3 983
-
total
6 999
-
11 589
-
Employer
36 229
-
53 722
-
other
1 251
-
1 854
-
pensions
5 953
-
8 825
-
unemployment
1 467
-
2 176
-
social contributions
108
-
162
-
health
2 536
-
3 761
-
total
11 315
-
16 778
-
Corporate
22 957
70 500
-
-
income
6 428
19 740
-
-
surtax
-
-
-
-
total
6 428
19 740
-
-
Dividends
16 529
50 760
-
-
withholding
2 116
6 497
-
-
social contributions
2 843
8 730
-
-
surtax
-
-
-
-
total
4 959
15 227
-
-
Income
70 500
70 500
70 500
70 500
Total tax
29 701
34 967
28 367
28 613
After tax
40 799
35 533
42 133
41 887
Living cost
29 230
29 230
29 230
29 230
Free-cash
11 569
6 303
12 903
12 657

Estimated living cost  is ₽29230 per week

₽16952
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2969
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽554
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8755
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽23393
₽22903
₽26550
₽25168
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
10 574
health
-
-
-
4 920
total
-
-
-
25 223
Employee
32 153
-
70 500
-
health
2 244
-
4 920
-
social contributions
4 438
-
9 729
-
income
5 363
-
9 192
-
total
12 045
-
23 841
-
Employer
32 153
-
70 500
-
total
-
-
-
-
Corporate
38 347
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%.

1 917
3 525
-
-
total
1 917
3 525
-
-
Dividends
36 430
66 975
-
-
health
2 543
4 675
-
-
withholding
5 465
10 045
-
-
social contributions
5 028
9 243
-
-
total
13 036
23 963
-
-
Income
70 500
70 500
70 500
70 500
Total tax
26 998
27 488
23 841
25 223
After tax
43 502
43 012
46 659
45 277
Living cost
20 109
20 109
20 109
20 109
Free-cash
23 393
22 903
26 550
25 168

Estimated living cost  is ₽20109 per week

₽13457
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1240
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽4947
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽5046
₽6513
-₽8913
₽4365
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
chamber of commerce
-
-
-
283
unemployment
-
-
-
5 816
income
-
-
-
7 999
pensions
-
-
-
13 042
health
-
-
-
5 393
surtax
-
-
-
187
total
-
-
-
32 720
Employee
47 392
37 792
54 601
-
unemployment
1 422
1 134
1 638
-
other
473
378
545
-
health
1 834
1 463
2 113
-
pensions
4 854
3 869
5 591
-
income
5 395
2 788
7 461
-
total
13 978
9 632
17 348
-
Employer
47 392
37 792
54 601
-
payroll
1 422
1 134
1 638
-
other
2 251
1 794
2 593
-
accident
615
491
709
-
pensions
5 948
4 744
6 853
-
unemployment
1 422
1 134
1 638
-
chamber of commerce
189
151
218
-
surtax
187
187
187
-
health
1 791
1 429
2 064
-
total
13 825
11 064
15 900
-
Corporate
9 283
21 645
51 001
-
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.

2 321
5 411
12 750
-
total
2 321
5 411
12 750
-
Dividends
6 962
16 233
-
-
withholding
1 915
4 465
-
-
total
1 915
4 465
-
-
Income
70 500
70 500
70 500
70 500
Total tax
32 039
30 572
45 998
32 720
After tax
38 461
39 928
24 502
37 780
Living cost
33 415
33 415
33 415
33 415
Free-cash
5 046
6 513
-8 913
4 365

Estimated living cost  is ₽33415 per week

₽22286
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2851
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽549
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7729
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽17079
₽5050
-₽5632
₽903
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
9 684
national
-
-
-
21 686
communal

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

-
-
-
3 650
total
-
-
-
35 020
Employee

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

67 833
-
54 602
-
national
20 855
-
15 677
-
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.

590
-
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.

3 187
-
2 566
-
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.

5 087
-
4 096
-
communal

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

3 538
-
2 849
-
total
33 257
-
25 663
-
Employer

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

67 833
-
54 602
-
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.

882
-
709
-
pensions

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

6 011
-
4 837
-
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.

990
-
797
-
surtax
7 691
-
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.

4 171
-
3 358
-
total
19 745
-
15 892
-
Corporate
-
70 500
-
-
income
-
14 100
-
-
surtax
-
283
-
-
total
-
14 383
-
-
Dividends
-
56 118
-
-
withholding

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

-
16 490
-
-
total
-
16 490
-
-
Income
70 500
70 500
70 500
70 500
Total tax
53 002
30 873
41 555
35 020
After tax
17 498
39 627
28 945
35 480
Living cost
34 577
34 577
34 577
34 577
Free-cash
-17 079
5 050
-5 632
903

Estimated living cost  is ₽34577 per week

₽22272
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3023
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽542
Clothing and shoes. We estimate one pair of shoes and 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 Brussels model

Close
Barcelona , Spain
₽5678
₽13310
₽4100
₽3599
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
70
unemployment
-
-
-
493
income
-
-
-
11 504
pensions
-
-
-
19 952
accident
-
-
-
635
total
-
-
-
32 654
Employee
47 205
-
53 458
-
unemployment
732
-
828
-
other
47
-
54
-
pensions
2 219
-
2 512
-
income
9 960
-
11 718
-
total
12 958
-
15 112
-
Employer
47 205
-
53 458
-
other
376
-
427
-
accident
934
-
1 058
-
pensions
11 140
-
12 615
-
unemployment
2 597
-
2 941
-
total
15 047
-
17 041
-
Corporate
8 249
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.

1 238
10 574
-
-
total
1 238
10 574
-
-
Dividends
7 011
59 926
-
-
withholding
1 332
12 369
-
-
total
1 332
12 369
-
-
Income
70 500
70 500
70 500
70 500
Total tax
30 575
22 943
32 153
32 654
After tax
39 925
47 557
38 347
37 846
Living cost
34 247
34 247
34 247
34 247
Free-cash
5 678
13 310
4 100
3 599

Estimated living cost  is ₽34247 per week

₽25220
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2429
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽493
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6104
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽9894
-₽7770
-₽5217
-₽6512
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
70 500
income
-
-
-
4 544
pensions
-
-
-
11 280
accident
-
-
-
635
communal
-
-
-
-
health
-
-
-
5 287
surtax
-
-
-
3 731
total
-
-
-
25 477
Employee
71 815
-
62 974
-
surtax
4 402
-
3 860
-
health
3 196
-
2 802
-
pensions
5 744
-
5 037
-
income
6 937
-
4 959
-
total
20 279
-
16 658
-
Employer
71 815
-
62 974
-
accident
646
-
567
-
pensions
5 744
-
5 037
-
health
2 190
-
1 920
-
total
8 580
-
7 524
-
Corporate
-
70 500
-
-
income
-
10 574
-
-
communal
-
4 758
-
-
surtax
-
740
-
-
total
-
16 072
-
-
Dividends
-
54 428
-
-
withholding
-
8 165
-
-
income
-
2 498
-
-
total
-
10 663
-
-
Income
70 500
70 500
70 500
70 500
Total tax
28 859
26 735
24 182
25 477
After tax
41 641
43 765
46 318
45 023
Living cost
51 535
51 535
51 535
51 535
Free-cash
-9 894
-7 770
-5 217
-6 512

Estimated living cost  is ₽51535 per week

₽38659
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3122
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.
₽9207
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽20029
₽23044
₽15642
₽17200
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
216
income
-
-
-
11 602
pensions
-
-
-
14 100
health
-
-
-
5 006
surtax
-
-
-
1 076
total
-
-
-
32 000
Employee
31 936
-
58 239
-
surtax
113
-
957
-
unemployment
2 223
-
4 053
-
other
-
-
-
-
health
815
-
1 485
-
pensions
2 131
-
3 885
-
income
5 354
-
10 918
-
total
10 636
-
21 298
-
Employer
31 936
-
58 239
-
other
-
-
-
-
pensions
4 258
-
7 763
-
unemployment
1 013
-
1 846
-
health
1 452
-
2 651
-
total
6 723
-
12 260
-
Corporate
31 841
70 500
-
-
income
8 278
18 331
-
-
total
8 278
18 331
-
-
Dividends
23 563
52 169
-
-
withholding
3 534
7 825
-
-
total
3 534
7 825
-
-
Income
70 500
70 500
70 500
70 500
Total tax
29 171
26 156
33 558
32 000
After tax
41 329
44 344
36 942
38 500
Living cost
21 300
21 300
21 300
21 300
Free-cash
20 029
23 044
15 642
17 200

Estimated living cost  is ₽21300 per week

₽12860
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1852
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽495
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6095
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽9406
₽11511
₽8322
₽12064
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
70 500
regional
-
-
-
1 062
social contributions
-
-
-
18 133
municipal
-
-
-
419
national
-
-
-
13 277
total
-
-
-
32 891
Employee
52 604
-
70 500
-
national
8 334
-
11 537
-
regional
708
-
949
-
municipal
279
-
374
-
social contributions
17 739
-
23 773
-
total
27 060
-
36 633
-
Employer
52 604
-
70 500
-
total
-
-
-
-
Corporate
17 896
70 500
-
-
nationa
4 296
16 920
-
-
municipal
889
3 504
-
-
total
5 185
20 424
-
-
Dividends
12 711
50 076
-
-
withholding
3 304
13 020
-
-
total
3 304
13 020
-
-
Income
70 500
70 500
70 500
70 500
Total tax
35 549
33 444
36 633
32 891
After tax
34 951
37 056
33 867
37 609
Living cost
25 545
25 545
25 545
25 545
Free-cash
9 406
11 511
8 322
12 064

Estimated living cost  is ₽25545 per week

₽15887
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2588
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽437
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6633
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽9066
₽19445
₽6682
₽5243
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
6 059
health
-
-
-
9 518
solidarity contribution
-
-
-
-
total
-
-
-
36 163
Employee
42 785
-
52 612
-
solidarity contribution
-
-
-
-
health
5 776
-
7 103
-
social contributions
2 781
-
3 420
-
income
5 134
-
6 313
-
total
13 691
-
16 836
-
Employer
42 785
-
52 612
-
social contributions
10 696
-
13 153
-
health
3 851
-
4 735
-
total
14 547
-
17 888
-
Corporate
13 168
70 500
-
-
income
2 502
13 395
-
-
total
2 502
13 395
-
-
Dividends
10 666
57 105
-
-
withholding
1 600
8 566
-
-
total
1 600
8 566
-
-
Income
70 500
70 500
70 500
70 500
Total tax
32 340
21 961
34 724
36 163
After tax
38 160
48 539
35 776
34 337
Living cost
29 094
29 094
29 094
29 094
Free-cash
9 066
19 445
6 682
5 243

Estimated living cost  is ₽29094 per week

₽21636
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1612
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽503
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5343
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽9306
₽9776
-₽5715
₽7713
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
chamber of commerce
-
-
-
283
unemployment
-
-
-
5 816
income
-
-
-
7 999
pensions
-
-
-
13 042
health
-
-
-
5 393
surtax
-
-
-
-
total
-
-
-
32 533
Employee
41 453
37 792
54 743
-
unemployment
1 244
1 134
1 643
-
other
414
378
547
-
health
1 603
1 463
2 118
-
pensions
4 245
3 869
5 606
-
income
3 693
2 788
7 503
-
total
11 199
9 632
17 417
-
Employer
41 453
37 792
54 743
-
payroll
1 244
1 134
1 643
-
other
1 969
1 794
2 600
-
accident
538
491
711
-
pensions
5 203
4 744
6 871
-
unemployment
1 244
1 134
1 643
-
chamber of commerce
166
151
220
-
surtax
-
-
-
-
health
1 567
1 429
2 070
-
total
11 931
10 877
15 758
-
Corporate
17 117
21 832
51 144
-
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.

4 279
5 458
12 786
-
total
4 279
5 458
12 786
-
Dividends
12 838
16 374
-
-
withholding
3 531
4 503
-
-
total
3 531
4 503
-
-
Income
70 500
70 500
70 500
70 500
Total tax
30 940
30 470
45 961
32 533
After tax
39 560
40 030
24 539
37 967
Living cost
30 254
30 254
30 254
30 254
Free-cash
9 306
9 776
-5 715
7 713

Estimated living cost  is ₽30254 per week

₽18149
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3090
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.
₽8476
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽52707
₽54960
₽44385
₽57780
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We expect you will register a microenterprise to benefit from 1% tax rate. Otherwise you will be taxed at a personal income rate of 20%.

-
-
-
70 500
microenterprise

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

-
-
-
705
total
-
-
-
705
Employee
15 019
-
70 500
-
income
3 004
-
14 100
-
total
3 004
-
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%.

55 481
70 500
-
-
total
-
-
-
-
Dividends
55 481
70 500
-
-
withholding
2 774
3 525
-
-
total
2 774
3 525
-
-
Income
70 500
70 500
70 500
70 500
Total tax
5 778
3 525
14 100
705
After tax
64 722
66 975
56 400
69 795
Living cost
12 015
12 015
12 015
12 015
Free-cash
52 707
54 960
44 385
57 780

Estimated living cost  is ₽12015 per week

₽8131
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽504
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽403
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2977
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽15170
₽23104
₽10086
₽12106
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
13 041
pensions
-
-
-
12 874
health
-
-
-
6 937
total
-
-
-
32 958
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.

41 935
-
61 002
-
unemployment
59
-
85
-
health
2 708
-
3 941
-
pensions
6 500
-
9 455
-
income
7 232
-
11 999
-
total
16 499
-
25 480
-
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.

41 935
-
61 002
-
pensions
3 711
-
5 399
-
unemployment
25
-
36
-
health
2 793
-
4 063
-
total
6 529
-
9 498
-
Corporate
22 037
70 500
-
-
income
4 188
13 394
-
-
total
4 188
13 394
-
-
Dividends
17 849
57 106
-
-
withholding
2 678
8 566
-
-
total
2 678
8 566
-
-
Income
70 500
70 500
70 500
70 500
Total tax
29 894
21 960
34 978
32 958
After tax
40 606
48 540
35 522
37 542
Living cost
25 436
25 436
25 436
25 436
Free-cash
15 170
23 104
10 086
12 106

Estimated living cost  is ₽25436 per week

₽17456
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1630
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽493
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5858
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽69178
₽2471
₽17756
₽8300
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
57 958
-
-
-
social contributions
4 753
-
677
-
income
12 784
-
-
-
total
17 537
-
677
-
Employer
57 958
-
-
-
social contributions
81 720
-
11 646
-
total
81 720
-
11 646
-
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
99 257
27 608
12 323
21 779
After tax
-28 757
42 892
58 177
48 721
Living cost
40 421
40 421
40 421
40 421
Free-cash
-69 178
2 471
17 756
8 300

Estimated living cost  is ₽40421 per week

₽26227
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3802
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽515
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9877
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽9401
₽10355
₽7613
₽10312
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
24 498
income
-
-
-
5 945
surtax
-
-
-
-
total
-
-
-
30 443
Employee
43 615
-
56 969
-
surtax
-
-
-
-
social contributions
4 798
-
6 266
-
income
9 072
-
13 347
-
total
13 870
-
19 613
-
Employer
43 615
-
56 969
-
social contributions
10 358
-
13 529
-
total
10 358
-
13 529
-
Corporate
16 527
70 500
-
-
income
3 471
14 805
-
-
surtax
-
-
-
-
total
3 471
14 805
-
-
Dividends
13 055
55 695
-
-
withholding
3 655
15 595
-
-
total
3 655
15 595
-
-
Income
70 500
70 500
70 500
70 500
Total tax
31 354
30 400
33 142
30 443
After tax
39 146
40 100
37 358
40 057
Living cost
29 745
29 745
29 745
29 745
Free-cash
9 401
10 355
7 613
10 312

Estimated living cost  is ₽29745 per week

₽22256
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1755
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽497
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5239
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽7444
-₽10269
-₽3669
-₽3915
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 008
income
-
-
-
3 956
pensions
-
-
-
19 854
health
-
-
-
610
surtax
-
-
-
-
total
-
-
-
28 613
Employee
59 394
-
53 722
-
surtax
-
-
-
-
pensions
6 718
-
6 075
-
social contributions
1 692
-
1 531
-
income
5 182
-
3 983
-
total
13 592
-
11 589
-
Employer
59 394
-
53 722
-
other
2 050
-
1 854
-
pensions
9 759
-
8 825
-
unemployment
2 406
-
2 176
-
social contributions
178
-
162
-
health
4 157
-
3 761
-
total
18 550
-
16 778
-
Corporate
-
70 500
-
-
income
-
19 740
-
-
surtax
-
-
-
-
total
-
19 740
-
-
Dividends
-
50 760
-
-
withholding
-
6 497
-
-
social contributions
-
8 730
-
-
surtax
-
-
-
-
total
-
15 227
-
-
Income
70 500
70 500
70 500
70 500
Total tax
32 142
34 967
28 367
28 613
After tax
38 358
35 533
42 133
41 887
Living cost
45 802
45 802
45 802
45 802
Free-cash
-7 444
-10 269
-3 669
-3 915

Estimated living cost  is ₽45802 per week

₽30998
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3747
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽628
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10429
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽31758
₽34943
₽27871
₽25893
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
70 500
income
-
-
-
590
social contributions
-
-
-
15 511
total
-
-
-
16 101
Employee
30 487
-
61 040
-
social contributions
1 981
-
3 968
-
income
-
-
695
-
total
1 981
-
4 663
-
Employer
30 487
-
61 040
-
social contributions
4 726
-
9 460
-
total
4 726
-
9 460
-
Corporate
35 287
70 500
-
-
income
3 529
7 051
-
-
total
3 529
7 051
-
-
Dividends
31 758
63 449
-
-
total
-
-
-
-
Income
70 500
70 500
70 500
70 500
Total tax
10 236
7 051
14 123
16 101
After tax
60 264
63 449
56 377
54 399
Living cost
28 506
28 506
28 506
28 506
Free-cash
31 758
34 943
27 871
25 893

Estimated living cost  is ₽28506 per week

₽18431
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2149
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽536
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7389
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽135811
-₽135811
-₽135811
-₽878
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
821
municipal
-
-
-
12 272
labour market
-
-
-
5 574
national
-
-
-
7 108
total
-
-
-
25 775
Employee
192 480
192 480
192 480
-
national
23 515
23 515
23 515
-
municipal
40 988
40 988
40 988
-
labour market
15 377
15 377
15 377
-
pensions
274
274
274
-
total
80 154
80 154
80 154
-
Employer
192 480
192 480
192 480
-
municipal
41 053
41 053
41 053
-
pensions
547
547
547
-
national
23 556
23 556
23 556
-
labour market
15 398
15 398
15 398
-
total
80 554
80 554
80 554
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
70 500
70 500
70 500
70 500
Total tax
160 708
160 708
160 708
25 775
After tax
-90 208
-90 208
-90 208
44 725
Living cost
45 603
45 603
45 603
45 603
Free-cash
-135 811
-135 811
-135 811
-878

Estimated living cost  is ₽45603 per week

₽31211
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4034
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽701
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9656
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽2497
-₽15238
₽15022
₽27605
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
358
income
-
-
-
15 215
pensions
-
-
-
4 021
accident
-
-
-
244
health
-
-
-
2 108
total
-
-
-
21 946
Employee
32 955
-
58 564
-
health
3 774
-
6 706
-
pensions
3 711
-
6 594
-
income
4 521
-
9 294
-
total
12 006
-
22 594
-
Employer
32 955
-
58 564
-
accident
550
-
978
-
pensions
5 358
-
9 522
-
unemployment
808
-
1 435
-
total
6 716
-
11 935
-
Corporate
30 829
70 500
-
-
income

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

27 746
63 450
-
-
total
27 746
63 450
-
-
Dividends
3 083
7 050
-
-
withholding
586
1 339
-
-
total
586
1 339
-
-
Income
70 500
70 500
70 500
70 500
Total tax
47 054
64 789
34 529
21 946
After tax
23 446
5 711
35 971
48 554
Living cost
20 949
20 949
20 949
20 949
Free-cash
2 497
-15 238
15 022
27 605

Estimated living cost  is ₽20949 per week

₽15249
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1194
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.
₽4113
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽7746
₽11741
₽5736
₽16038
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

You can choose the amount to declare for pension contributions and choose a pension insurance company or a pension insurance fund you prefer to use; or you could opt out of pension contributions altogether. You can find more details on Finnish Centre for Pensions

-
-
-
70 500
municipal
-
-
-
12 567
national
-
-
-
4 798
health
-
-
-
689
total
-
-
-
18 054
Employee
49 893
-
59 308
-
national
824
-
2 052
-
unemployment
749
-
889
-
health
373
-
518
-
municipal
8 172
-
9 702
-
pensions
3 367
-
4 004
-
total
13 485
-
17 165
-
Employer
49 893
-
59 308
-
accident
50
-
59
-
pensions
8 656
-
10 290
-
unemployment
324
-
385
-
health
383
-
457
-
total
9 413
-
11 191
-
Corporate
11 194
70 500
-
-
income
2 239
14 100
-
-
total
2 239
14 100
-
-
Dividends

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

6 716
42 300
-
-
municipal
1 209
7 614
-
-
national
-
637
-
-
total
1 209
8 251
-
-
Income
70 500
70 500
70 500
70 500
Total tax
26 346
22 351
28 356
18 054
After tax
44 154
48 149
42 144
52 446
Living cost
36 408
36 408
36 408
36 408
Free-cash
7 746
11 741
5 736
16 038

Estimated living cost  is ₽36408 per week

₽23782
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3502
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽579
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8546
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽24629
₽27100
₽28630
₽30861
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
70 500
social contributions
-
-
-
10 997
income
-
-
-
4 888
health
-
-
-
1 798
total
-
-
-
17 683
Employee
72 921
72 921
72 921
-
health
565
1 240
1 089
-
social contributions
2 757
6 052
5 312
-
income
7 940
6 750
7 017
-
total
11 262
14 042
13 418
-
Employer
72 921
72 921
72 921
-
social contributions
2 757
6 052
5 312
-
health
614
1 350
1 184
-
total
3 371
7 402
6 496
-
Corporate
33 911
-
-
-
income
4 238
-
-
-
total
4 238
-
-
-
Dividends
29 673
-
-
-
withholding
5 044
-
-
-
total
5 044
-
-
-
Income
70 500
70 500
70 500
70 500
Total tax
23 915
21 444
19 914
17 683
After tax
46 585
49 056
50 586
52 817
Living cost
21 956
21 956
21 956
21 956
Free-cash
24 629
27 100
28 630
30 861

Estimated living cost  is ₽21956 per week

₽13159
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2154
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6158
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38501
₽43326
₽28512
₽39577
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
6 376
pensions
-
-
-
6 032
health
-
-
-
3 432
total
-
-
-
15 867
Employee

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

21 767
-
63 917
-
unemployment
108
-
320
-
health
1 850
-
5 433
-
pensions
3 264
-
9 588
-
income
1 488
-
5 008
-
total
6 710
-
20 349
-
Employer

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

21 767
-
63 917
-
pensions
1 197
-
3 515
-
unemployment
108
-
320
-
health
936
-
2 748
-
total
2 241
-
6 583
-
Corporate
46 493
70 500
-
-
income
4 184
6 345
-
-
total
4 184
6 345
-
-
Dividends
42 308
64 155
-
-
withholding
3 808
5 773
-
-
total
3 808
5 773
-
-
Income
70 500
70 500
70 500
70 500
Total tax
16 943
12 118
26 932
15 867
After tax
53 557
58 382
43 568
54 633
Living cost
15 056
15 056
15 056
15 056
Free-cash
38 501
43 326
28 512
39 577

Estimated living cost  is ₽15056 per week

₽9606
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1085
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽3916
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽16505
₽21480
₽12270
₽11769
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
70
unemployment
-
-
-
493
income
-
-
-
11 504
pensions
-
-
-
19 952
accident
-
-
-
635
total
-
-
-
32 654
Employee
35 065
-
53 458
-
unemployment
543
-
828
-
other
34
-
54
-
pensions
1 648
-
2 512
-
income
6 760
-
11 718
-
total
8 985
-
15 112
-
Employer
35 065
-
53 458
-
other
281
-
427
-
accident
695
-
1 058
-
pensions
8 275
-
12 615
-
unemployment
1 929
-
2 941
-
total
11 180
-
17 041
-
Corporate
24 256
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.

3 639
10 574
-
-
total
3 639
10 574
-
-
Dividends
20 617
59 926
-
-
withholding
4 114
12 369
-
-
total
4 114
12 369
-
-
Income
70 500
70 500
70 500
70 500
Total tax
27 918
22 943
32 153
32 654
After tax
42 582
47 557
38 347
37 846
Living cost
26 077
26 077
26 077
26 077
Free-cash
16 505
21 480
12 270
11 769

Estimated living cost  is ₽26077 per week

₽17602
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2507
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽457
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5512
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽41895
₽42190
₽42836
₽42964
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
70 500
income
-
-
-
23 466
pensions
-
-
-
1 315
health
-
-
-
953
total
-
-
-
25 734
Employee
2 745
-
69 021
-
unemployment
27
-
66
-
health
137
-
329
-
pensions
247
-
592
-
income
531
-
23 397
-
total
942
-
24 384
-
Employer
2 745
-
69 021
-
pensions
302
-
723
-
unemployment
55
-
131
-
health
261
-
624
-
total
618
-
1 478
-
Corporate
67 138
70 500
-
-
income
14 770
15 510
-
-
total
14 770
15 510
-
-
Dividends
52 367
54 990
-
-
withholding
10 473
10 998
-
-
total
10 473
10 998
-
-
Income
70 500
70 500
70 500
70 500
Total tax
26 803
26 508
25 862
25 734
After tax
43 697
43 992
44 638
44 766
Living cost
1 802
1 802
1 802
1 802
Free-cash
41 895
42 190
42 836
42 964

Estimated living cost  is ₽1802 per week

₽1071
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽146
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽41
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽544
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽29907
₽34564
₽20499
₽18002
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 049
income
-
-
-
9 680
pensions
-
-
-
18 191
health
-
-
-
7 206
total
-
-
-
36 126
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.

24 688
-
59 796
-
unemployment
185
-
448
-
health
1 271
-
3 080
-
pensions
3 456
-
8 372
-
income
3 403
-
11 025
-
total
8 315
-
22 925
-
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.

24 688
-
59 796
-
pensions
2 963
-
7 176
-
unemployment
185
-
448
-
health
1 271
-
3 080
-
total
4 419
-
10 704
-
Corporate
41 393
70 500
-
-
income
6 209
10 575
-
-
total
6 209
10 575
-
-
Dividends
35 184
59 925
-
-
withholding
5 278
8 989
-
-
total
5 278
8 989
-
-
Income
70 500
70 500
70 500
70 500
Total tax
24 221
19 564
33 629
36 126
After tax
46 279
50 936
36 871
34 374
Living cost
16 372
16 372
16 372
16 372
Free-cash
29 907
34 564
20 499
18 002

Estimated living cost  is ₽16372 per week

₽11023
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1266
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽474
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3609
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽14193
₽14534
₽11792
₽14491
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
24 498
income
-
-
-
5 945
surtax
-
-
-
-
total
-
-
-
30 443
Employee
36 806
-
56 969
-
surtax
-
-
-
-
social contributions
4 049
-
6 266
-
income
7 192
-
13 347
-
total
11 241
-
19 613
-
Employer
36 806
-
56 969
-
social contributions
8 741
-
13 529
-
total
8 741
-
13 529
-
Corporate
24 953
70 500
-
-
income
5 240
14 805
-
-
surtax
-
-
-
-
total
5 240
14 805
-
-
Dividends
19 713
55 695
-
-
withholding
5 519
15 595
-
-
total
5 519
15 595
-
-
Income
70 500
70 500
70 500
70 500
Total tax
30 741
30 400
33 142
30 443
After tax
39 759
40 100
37 358
40 057
Living cost
25 566
25 566
25 566
25 566
Free-cash
14 193
14 534
11 792
14 491

Estimated living cost  is ₽25566 per week

₽18108
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1776
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.
₽5230
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽6954
₽14229
₽5019
₽4518
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
70
unemployment
-
-
-
493
income
-
-
-
11 504
pensions
-
-
-
19 952
accident
-
-
-
635
total
-
-
-
32 654
Employee
45 799
-
53 458
-
unemployment
709
-
828
-
other
45
-
54
-
pensions
2 152
-
2 512
-
income
9 566
-
11 718
-
total
12 472
-
15 112
-
Employer
45 799
-
53 458
-
other
367
-
427
-
accident
907
-
1 058
-
pensions
10 808
-
12 615
-
unemployment
2 519
-
2 941
-
total
14 601
-
17 041
-
Corporate
10 099
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.

1 515
10 574
-
-
total
1 515
10 574
-
-
Dividends
8 584
59 926
-
-
withholding
1 630
12 369
-
-
total
1 630
12 369
-
-
Income
70 500
70 500
70 500
70 500
Total tax
30 218
22 943
32 153
32 654
After tax
40 282
47 557
38 347
37 846
Living cost
33 328
33 328
33 328
33 328
Free-cash
6 954
14 229
5 019
4 518

Estimated living cost  is ₽33328 per week

₽23935
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2591
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽470
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6333
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38204
₽43978
₽36515
₽34790
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
132
income
-
-
-
10 575
pensions

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

-
-
-
4 898
health
-
-
-
3 806
total
-
-
-
19 411
Employee
21 582
-
64 007
-
accident

We are using the highest rate at 1.1%.

237
-
364
-
health
993
-
1 522
-
pensions

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

1 895
-
2 906
-
income
2 159
-
6 400
-
total
5 284
-
11 192
-
Employer
21 582
-
64 007
-
accident

We are using the highest rate at 1.1%.

237
-
364
-
pensions

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

2 378
-
3 647
-
unemployment
130
-
199
-
health
1 489
-
2 284
-
total
4 234
-
6 494
-
Corporate
44 683
70 500
-
-
income
4 468
7 050
-
-
total
4 468
7 050
-
-
Dividends
40 215
63 450
-
-
withholding
2 011
3 173
-
-
total
2 011
3 173
-
-
Income
70 500
70 500
70 500
70 500
Total tax
15 997
10 223
17 686
19 411
After tax
54 503
60 277
52 814
51 089
Living cost
16 299
16 299
16 299
16 299
Free-cash
38 204
43 978
36 515
34 790

Estimated living cost  is ₽16299 per week

₽10780
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽933
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽389
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4198
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽12234
-₽169
₽15841
₽12051
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
70 500
trade
-
-
-
3 790
income

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

-
-
-
10 965
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.

-
-
-
6 479
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.

-
-
-
603
total
-
-
-
21 837
Employee

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

47 184
-
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.

214
-
603
-
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.

6 479
-
6 479
-
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.

3 880
-
10 965
-
total
10 573
-
18 047
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
23 316
70 500
-
-
trade
3 345
10 117
-
-
income
3 497
10 574
-
-
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.

193
581
-
-
chamber of commerce
178
247
-
-
total
7 213
21 519
-
-
Dividends
16 103
48 980
-
-
withholding
3 666
11 885
-
-
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.

202
653
-
-
total
3 868
12 538
-
-
Income
70 500
70 500
70 500
70 500
Total tax
21 654
34 057
18 047
21 837
After tax
48 846
36 443
52 453
48 663
Living cost
36 612
36 612
36 612
36 612
Free-cash
12 234
-169
15 841
12 051

Estimated living cost  is ₽36612 per week

₽25256
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3939
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.
₽6885
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽3680
-₽4671
-₽1803
-₽1803
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
5 758
income
-
-
-
12 525
total
-
-
-
18 283
Employee
74 179
-
70 500
-
social contributions
6 163
-
5 758
-
income
13 997
-
12 525
-
total
20 160
-
18 283
-
Employer
74 179
-
70 500
-
total
-
-
-
-
Corporate
-
70 500
-
-
income
-
8 813
-
-
total
-
8 813
-
-
Dividends
-
61 687
-
-
withholding
-
12 338
-
-
total
-
12 338
-
-
Income
70 500
70 500
70 500
70 500
Total tax
20 160
21 151
18 283
18 283
After tax
50 340
49 349
52 217
52 217
Living cost
54 020
54 020
54 020
54 020
Free-cash
-3 680
-4 671
-1 803
-1 803

Estimated living cost  is ₽54020 per week

₽41097
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4402
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽516
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8005
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽11883
₽6392
₽16974
₽3318
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
5 764
income
-
-
-
26 994
total
-
-
-
32 758
Employee
43 503
-
66 138
-
social contributions
4 359
-
4 362
-
income
4 720
-
10 378
-
total
9 079
-
14 740
-
Employer
43 503
-
66 138
-
social contributions
4 359
-
4 362
-
total
4 359
-
4 362
-
Corporate
22 639
70 500
-
-
income
7 924
24 674
-
-
total
7 924
24 674
-
-
Dividends
14 715
45 826
-
-
social contributions
2 831
5 010
-
-
total
2 831
5 010
-
-
Income
70 500
70 500
70 500
70 500
Total tax
24 193
29 684
19 102
32 758
After tax
46 307
40 816
51 398
37 742
Living cost
34 424
34 424
34 424
34 424
Free-cash
11 883
6 392
16 974
3 318

Estimated living cost  is ₽34424 per week

₽22675
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2714
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽527
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8507
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽13018
₽18267
₽10326
₽18011
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
70 500
income
-
-
-
13 141
pensions
-
-
-
4 792
total
-
-
-
17 933
Employee
47 433
-
62 450
-
health
619
-
926
-
pensions
3 620
-
5 423
-
income
8 638
-
11 219
-
total
12 877
-
17 568
-
Employer
47 433
-
62 450
-
pensions
4 792
-
6 864
-
health
901
-
1 186
-
total
5 693
-
8 050
-
Corporate
17 374
70 500
-
-
income

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

3 301
13 395
-
-
total
3 301
13 395
-
-
Dividends
14 073
57 105
-
-
withholding
1 055
4 282
-
-
total
1 055
4 282
-
-
Income
70 500
70 500
70 500
70 500
Total tax
22 926
17 677
25 618
17 933
After tax
47 574
52 823
44 882
52 567
Living cost
34 556
34 556
34 556
34 556
Free-cash
13 018
18 267
10 326
18 011

Estimated living cost  is ₽34556 per week

₽23705
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3178
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽432
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7239
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽2178
-₽17313
₽12948
₽25530
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
358
income
-
-
-
15 215
pensions
-
-
-
4 021
accident
-
-
-
244
health
-
-
-
2 108
total
-
-
-
21 946
Employee
36 217
-
58 564
-
health
4 147
-
6 706
-
pensions
4 078
-
6 594
-
income
4 969
-
9 294
-
total
13 194
-
22 594
-
Employer
36 217
-
58 564
-
accident
605
-
978
-
pensions
5 889
-
9 522
-
unemployment
887
-
1 435
-
total
7 381
-
11 935
-
Corporate
26 903
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.

24 212
63 450
-
-
total
24 212
63 450
-
-
Dividends
2 690
7 050
-
-
withholding
511
1 339
-
-
total
511
1 339
-
-
Income
70 500
70 500
70 500
70 500
Total tax
45 298
64 789
34 529
21 946
After tax
25 202
5 711
35 971
48 554
Living cost
23 024
23 024
23 024
23 024
Free-cash
2 178
-17 313
12 948
25 530

Estimated living cost  is ₽23024 per week

₽16897
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.
₽464
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4321
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽42507
₽47117
₽28141
₽28141
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
10 164
pensions
-
-
-
12 972
health insurance
-
-
-
5 217
work injury
-
-
-
352
total
-
-
-
29 551
Employee

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

20 493
-
70 500
-
health insurance
1 516
-
5 217
-
unemployment
246
-
846
-
work injury
102
-
352
-
pensions
3 771
-
12 972
-
income
2 049
-
10 164
-
total
7 684
-
29 551
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
50 007
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
50 007
70 500
-
-
withholding
7 501
10 575
-
-
total
7 501
10 575
-
-
Income
70 500
70 500
70 500
70 500
Total tax
15 185
10 575
29 551
29 551
After tax
55 315
59 925
40 949
40 949
Living cost
12 808
12 808
12 808
12 808
Free-cash
42 507
47 117
28 141
28 141

Estimated living cost  is ₽12808 per week

₽7935
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽931
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.
₽3543
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Skopje model

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Rome , Italy
-₽9410
-₽643
-₽4014
-₽342
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
70 500
regional
-
-
-
1 183
social contributions
-
-
-
18 133
municipal
-
-
-
471
national
-
-
-
13 277
total
-
-
-
33 064
Employee
79 911
-
70 500
-
national
13 504
-
11 537
-
regional
1 206
-
1 005
-
municipal
477
-
421
-
social contributions
26 945
-
23 773
-
total
42 132
-
36 736
-
Employer
79 911
-
70 500
-
total
-
-
-
-
Corporate
-
70 500
-
-
nationa
-
16 920
-
-
municipal
-
3 398
-
-
total
-
20 318
-
-
Dividends
-
50 183
-
-
withholding
-
13 047
-
-
total
-
13 047
-
-
Income
70 500
70 500
70 500
70 500
Total tax
42 132
33 365
36 736
33 064
After tax
28 368
37 135
33 764
37 436
Living cost
37 778
37 778
37 778
37 778
Free-cash
-9 410
-643
-4 014
-342

Estimated living cost  is ₽37778 per week

₽26537
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2599
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.
₽8071
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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