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
₽23342
₽6498
₽19303
₽17169
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
591
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.

-
-
-
10 750
trade
-
-
-
4 039
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.

-
-
-
6 592
total
-
-
-
21 972
Employee

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

36 904
-
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.

57
-
591
-
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.

1 031
-
10 750
-
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.

6 592
-
6 592
-
total
7 680
-
17 933
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
33 596
70 500
-
-
trade
5 292
11 103
-
-
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.

276
582
-
-
income
5 039
10 576
-
-
chamber of commerce
194
247
-
-
total
10 801
22 508
-
-
Dividends
22 795
47 992
-
-
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.

293
639
-
-
withholding
5 332
11 630
-
-
total
5 625
12 269
-
-
Income
70 500
70 500
70 500
70 500
Total tax
24 106
34 777
17 933
21 972
After tax
46 394
35 723
52 567
48 528
Living cost
29 225
29 225
29 225
29 225
Free-cash
17 169
6 498
23 342
19 303

Estimated living cost  is ₽29225 per week

₽18383
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3407
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽546
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6888
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽7361
-₽7469
-₽7914
-₽16514
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 460
municipal
-
-
-
6 956
national
-
-
-
10 779
social contributions
-
-
-
758
total
-
-
-
26 953
Employee
79 774
-
60 947
-
national
15 269
-
11 202
-
municipal
9 853
-
7 229
-
pensions
3 191
-
2 438
-
total
28 313
-
20 869
-
Employer
79 774
-
60 947
-
pensions
6 382
-
4 876
-
social contributions
858
-
655
-
total
7 240
-
5 531
-
Corporate
-
70 500
-
-
income

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

-
14 100
-
-
total
-
14 100
-
-
Dividends
-
56 400
-
-
withholding
-
12 408
-
-
total
-
12 408
-
-
Income
70 500
70 500
70 500
70 500
Total tax
35 553
26 508
26 400
26 953
After tax
34 947
43 992
44 100
43 547
Living cost
51 461
51 461
51 461
51 461
Free-cash
-16 514
-7 469
-7 361
-7 914

Estimated living cost  is ₽51461 per week

₽34978
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4784
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽770
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10930
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽19960
₽36327
₽36813
₽28413
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
microenterprise
-
-
-
10 576
surtax
-
-
-
-
income
-
-
-
-
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.

-
-
-
3 038
total
-
-
-
13 614
Employee
28 193
-
56 813
-
social contributions

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

3 102
-
6 249
-
surtax
-
-
-
-
income
5 019
-
10 531
-
total
8 121
-
16 780
-
Employer
28 193
-
56 813
-
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.

6 791
-
13 687
-
total
6 791
-
13 687
-
Corporate
35 515
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%.

7 102
14 100
-
-
total
7 102
14 100
-
-
Dividends

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

28 413
56 400
-
-
total
-
-
-
-
Income
70 500
70 500
70 500
70 500
Total tax
22 014
14 100
30 467
13 614
After tax
48 486
56 400
40 033
56 886
Living cost
20 073
20 073
20 073
20 073
Free-cash
28 413
36 327
19 960
36 813

Estimated living cost  is ₽20073 per week

₽12806
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1912
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽456
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4900
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽25312
-₽19896
-₽259
-₽25312
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
70 500
pensions
-
-
-
11 305
income
-
-
-
8 955
health
-
-
-
10 080
total
-
-
-
30 340
Employee
82 395
82 395
82 395
-
pensions
14 831
11 305
14 831
-
income

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

13 487
13 487
13 487
-
health
12 647
10 757
12 647
-
total
40 965
35 549
40 965
-
Employer
82 395
82 395
82 395
-
pensions
5 735
5 735
5 735
-
health
5 727
5 727
5 727
-
unemployment
2 966
2 966
2 966
-
total
14 428
14 428
14 428
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Income
70 500
70 500
70 500
70 500
Total tax
55 393
49 977
55 393
30 340
After tax
15 107
20 523
15 107
40 160
Living cost
40 419
40 419
40 419
40 419
Free-cash
-25 312
-19 896
-25 312
-259

Estimated living cost  is ₽40419 per week

₽28644
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3644
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽643
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7489
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽1953
-₽1109
-₽4458
-₽3659
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
7 621
accident
-
-
-
141
unemployment
-
-
-
70
other
-
-
-
8 192
municipal
-
-
-
14 933
national
-
-
-
-
health
-
-
-
4 399
total
-
-
-
35 356
Employee
56 429
-
53 645
-
national
-
-
-
-
municipal
16 827
-
15 997
-
total
16 827
-
15 997
-
Employer
56 429
-
53 645
-
pensions
6 100
-
5 799
-
other
6 557
-
6 233
-
health
3 470
-
3 299
-
unemployment
1 490
-
1 416
-
accident
113
-
107
-
total
17 730
-
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
34 557
32 007
32 851
35 356
After tax
35 943
38 493
37 649
35 144
Living cost
39 602
39 602
39 602
39 602
Free-cash
-3 659
-1 109
-1 953
-4 458

Estimated living cost  is ₽39602 per week

₽26247
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3886
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽601
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8868
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽14664
-₽2547
₽10445
₽11012
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
591
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.

-
-
-
10 750
trade
-
-
-
4 219
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.

-
-
-
6 592
total
-
-
-
22 152
Employee

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

48 930
-
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.

231
-
591
-
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.

4 204
-
10 750
-
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.

6 592
-
6 592
-
total
11 027
-
17 933
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
21 570
70 500
-
-
trade
3 548
11 597
-
-
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.

178
582
-
-
income
3 235
10 576
-
-
chamber of commerce
178
247
-
-
total
7 139
23 002
-
-
Dividends
14 431
47 497
-
-
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.

178
634
-
-
withholding
3 241
11 508
-
-
total
3 419
12 142
-
-
Income
70 500
70 500
70 500
70 500
Total tax
21 585
35 144
17 933
22 152
After tax
48 915
35 356
52 567
48 348
Living cost
37 903
37 903
37 903
37 903
Free-cash
11 012
-2 547
14 664
10 445

Estimated living cost  is ₽37903 per week

₽25350
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3997
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽566
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7990
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽19134
₽17386
₽21686
₽16458
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
4 722
health
-
-
-
1 798
social contributions
-
-
-
10 999
total
-
-
-
17 519
Employee
74 193
74 193
74 193
-
social contributions
3 605
6 158
5 312
-
income
7 791
6 868
7 174
-
health
738
1 262
1 088
-
total
12 134
14 288
13 574
-
Employer
74 193
74 193
74 193
-
social contributions
3 605
6 158
5 312
-
health
804
1 373
1 185
-
total
4 409
7 531
6 497
-
Corporate
22 662
-
-
-
income
2 833
-
-
-
total
2 833
-
-
-
Dividends
19 829
-
-
-
withholding
3 371
-
-
-
total
3 371
-
-
-
Income
70 500
70 500
70 500
70 500
Total tax
22 747
21 819
20 071
17 519
After tax
47 753
48 681
50 429
52 981
Living cost
31 295
31 295
31 295
31 295
Free-cash
16 458
17 386
19 134
21 686

Estimated living cost  is ₽31295 per week

₽21393
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2444
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6932
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽21927
₽20899
₽29896
₽21293
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
7 050
unemployment
-
-
-
1 058
income
-
-
-
8 619
health
-
-
-
4 935
total
-
-
-
21 662
Employee

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

The minimum wage is 138,000 HUF per month.

27 343
10 882
58 996
-
unemployment
410
163
885
-
pensions
2 734
1 088
5 900
-
income
3 343
1 330
7 212
-
health
1 914
762
4 130
-
total
8 401
3 343
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.

27 343
10 882
58 996
-
pensions
5 332
2 122
11 504
-
total
5 332
2 122
11 504
-
Corporate
37 825
57 496
-
-
income
3 404
5 175
-
-
total
3 404
5 175
-
-
Dividends
34 421
52 321
-
-
withholding
6 540
9 941
-
-
social contributions
6 588
10 078
-
-
total
13 128
20 019
-
-
Income
70 500
70 500
70 500
70 500
Total tax
30 265
30 659
29 631
21 662
After tax
40 235
39 841
40 869
48 838
Living cost
18 942
18 942
18 942
18 942
Free-cash
21 293
20 899
21 927
29 896

Estimated living cost  is ₽18942 per week

₽12926
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1550
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽378
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4087
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽17332
₽33095
₽14483
₽27100
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
70 500
pensions
-
-
-
14 100
income
-
-
-
9 448
health
-
-
-
9 164
total
-
-
-
32 712
Employee
27 371
-
52 692
-
unemployment
438
-
842
-
pensions
547
-
1 055
-
income
3 082
-
10 158
-
total
4 067
-
12 055
-
Employer
27 371
-
52 692
-
pensions
5 475
-
10 537
-
health
3 558
-
6 850
-
unemployment
220
-
421
-
total
9 253
-
17 808
-
Corporate
33 877
70 500
-
-
income
6 775
14 100
-
-
total
6 775
14 100
-
-
Dividends
27 102
56 400
-
-
total
-
-
-
-
Income
70 500
70 500
70 500
70 500
Total tax
20 095
14 100
29 863
32 712
After tax
50 405
56 400
40 637
37 788
Living cost
23 305
23 305
23 305
23 305
Free-cash
27 100
33 095
17 332
14 483

Estimated living cost  is ₽23305 per week

₽15985
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1388
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽469
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5464
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Tallinn model

Close
Gdansk , Poland
₽14724
-₽15532
₽27309
₽2451
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
70 500
pensions
-
-
-
4 018
accident
-
-
-
244
other
-
-
-
358
income
-
-
-
15 222
health
-
-
-
2 106
total
-
-
-
21 948
Employee
33 416
-
58 565
-
pensions
3 763
-
6 594
-
income
4 584
-
9 299
-
health
3 826
-
6 705
-
total
12 173
-
22 598
-
Employer
33 416
-
58 565
-
pensions
5 434
-
9 522
-
unemployment
819
-
1 435
-
accident
558
-
978
-
total
6 811
-
11 935
-
Corporate
30 274
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.

27 247
63 450
-
-
total
27 247
63 450
-
-
Dividends
3 028
7 050
-
-
withholding
575
1 339
-
-
total
575
1 339
-
-
Income
70 500
70 500
70 500
70 500
Total tax
46 806
64 789
34 533
21 948
After tax
23 694
5 711
35 967
48 552
Living cost
21 243
21 243
21 243
21 243
Free-cash
2 451
-15 532
14 724
27 309

Estimated living cost  is ₽21243 per week

₽15569
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1177
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽443
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4054
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽48131
₽58706
₽61526
₽57156
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
70 500
microenterprise

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

-
-
-
705
total
-
-
-
705
Employee
10 335
-
70 500
-
income
2 067
-
14 100
-
total
2 067
-
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%.

60 165
70 500
-
-
total
-
-
-
-
Dividends
60 165
70 500
-
-
withholding
3 008
3 525
-
-
total
3 008
3 525
-
-
Income
70 500
70 500
70 500
70 500
Total tax
5 075
3 525
14 100
705
After tax
65 425
66 975
56 400
69 795
Living cost
8 269
8 269
8 269
8 269
Free-cash
57 156
58 706
48 131
61 526

Estimated living cost  is ₽8269 per week

₽5124
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽687
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽227
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2230
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽15612
₽26088
₽12465
₽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
-
-
-
70 500
pensions

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

-
-
-
16 920
other
-
-
-
3 349
income
-
-
-
8 955
health
-
-
-
3 102
total
-
-
-
32 326
Employee
35 033
-
56 308
-
unemployment
350
-
564
-
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.

2 452
-
3 942
-
income
6 031
-
9 693
-
health
491
-
789
-
total
9 324
-
14 988
-
Employer
35 033
-
56 308
-
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.

5 956
-
9 572
-
other
1 752
-
2 816
-
health
491
-
789
-
unemployment
350
-
564
-
accident
280
-
450
-
total
8 829
-
14 191
-
Corporate
26 638
70 500
-
-
income
5 594
14 805
-
-
total
5 594
14 805
-
-
Dividends
21 044
55 695
-
-
withholding
1 474
3 898
-
-
total
1 474
3 898
-
-
Income
70 500
70 500
70 500
70 500
Total tax
25 221
18 703
29 179
32 326
After tax
45 279
51 797
41 321
38 174
Living cost
25 709
25 709
25 709
25 709
Free-cash
19 570
26 088
15 612
12 465

Estimated living cost  is ₽25709 per week

₽18165
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1736
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽414
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5394
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽20053
-₽12250
-₽12450
-₽34186
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
70 500
pensions
-
-
-
4 721
income
-
-
-
13 157
total
-
-
-
17 878
Employee
92 067
-
62 520
-
pensions
8 882
-
5 336
-
income
16 596
-
11 254
-
health
1 517
-
911
-
total
26 995
-
17 501
-
Employer
92 067
-
62 520
-
pensions
10 870
-
6 793
-
health
1 749
-
1 187
-
total
12 619
-
7 980
-
Corporate
-
70 500
-
-
income

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

-
13 395
-
-
total
-
13 395
-
-
Dividends
-
57 105
-
-
withholding
-
4 283
-
-
total
-
4 283
-
-
Income
70 500
70 500
70 500
70 500
Total tax
39 614
17 678
25 481
17 878
After tax
30 886
52 822
45 019
52 622
Living cost
65 072
65 072
65 072
65 072
Free-cash
-34 186
-12 250
-20 053
-12 450

Estimated living cost  is ₽65072 per week

₽48760
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7646
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽529
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8138
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽19767
₽35536
₽17582
₽26770
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

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

-
-
-
9 756
unemployment
-
-
-
264
income
-
-
-
10 576
health
-
-
-
7 580
total
-
-
-
28 176
Employee
32 762
-
58 937
-
pensions

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

2 876
-
5 174
-
income
3 276
-
5 894
-
accident

We are using the highest rate at 1.1%.

361
-
648
-
health
1 507
-
2 712
-
total
8 020
-
14 428
-
Employer
32 762
-
58 937
-
pensions

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

3 611
-
6 495
-
health
2 261
-
4 067
-
unemployment
196
-
353
-
accident

We are using the highest rate at 1.1%.

361
-
648
-
total
6 429
-
11 563
-
Corporate
31 310
70 500
-
-
income
3 131
7 049
-
-
total
3 131
7 049
-
-
Dividends
28 179
63 451
-
-
withholding
1 408
3 173
-
-
total
1 408
3 173
-
-
Income
70 500
70 500
70 500
70 500
Total tax
18 988
10 222
25 991
28 176
After tax
51 512
60 278
44 509
42 324
Living cost
24 742
24 742
24 742
24 742
Free-cash
26 770
35 536
19 767
17 582

Estimated living cost  is ₽24742 per week

₽14445
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1767
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽655
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7875
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽38396
-₽32980
-₽13343
-₽34617
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
70 500
pensions
-
-
-
11 305
income
-
-
-
8 955
health
-
-
-
10 080
total
-
-
-
30 340
Employee
89 454
82 395
82 395
-
pensions
11 305
11 305
14 831
-
income

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

13 487
13 487
13 487
-
health
11 160
10 757
12 647
-
total
35 952
35 549
40 965
-
Employer
89 454
82 395
82 395
-
pensions
6 225
5 735
5 735
-
health
6 216
5 727
5 727
-
unemployment
3 221
2 966
2 966
-
total
15 662
14 428
14 428
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Income
70 500
70 500
70 500
70 500
Total tax
51 614
49 977
55 393
30 340
After tax
18 886
20 523
15 107
40 160
Living cost
53 503
53 503
53 503
53 503
Free-cash
-34 617
-32 980
-38 396
-13 343

Estimated living cost  is ₽53503 per week

₽39467
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4779
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽613
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8644
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽11736
₽24499
₽10296
₽15923
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
70 500
solidarity contribution
-
-
-
-
income
-
-
-
6 060
health
-
-
-
9 518
social contributions
-
-
-
20 586
total
-
-
-
36 164
Employee
35 353
-
52 612
-
social contributions
2 298
-
3 420
-
solidarity contribution
-
-
-
-
income
4 242
-
6 313
-
health
4 773
-
7 103
-
total
11 313
-
16 836
-
Employer
35 353
-
52 612
-
social contributions
8 838
-
13 153
-
health
3 182
-
4 735
-
total
12 020
-
17 888
-
Corporate
23 127
70 500
-
-
income
4 394
13 395
-
-
total
4 394
13 395
-
-
Dividends
18 733
57 105
-
-
withholding
2 810
8 566
-
-
total
2 810
8 566
-
-
Income
70 500
70 500
70 500
70 500
Total tax
30 537
21 961
34 724
36 164
After tax
39 963
48 539
35 776
34 336
Living cost
24 040
24 040
24 040
24 040
Free-cash
15 923
24 499
11 736
10 296

Estimated living cost  is ₽24040 per week

₽16698
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1710
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽473
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5159
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽6520
-₽3099
-₽2657
-₽15249
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
732
municipal
-
-
-
419
national
-
-
-
13 161
social contributions
-
-
-
18 132
total
-
-
-
32 444
Employee
85 750
-
70 500
-
national
14 858
-
11 519
-
municipal
454
-
374
-
social contributions
28 915
-
23 772
-
regional
809
-
642
-
total
45 036
-
36 307
-
Employer
85 750
-
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
45 036
32 886
36 307
32 444
After tax
25 464
37 614
34 193
38 056
Living cost
40 713
40 713
40 713
40 713
Free-cash
-15 249
-3 099
-6 520
-2 657

Estimated living cost  is ₽40713 per week

₽28380
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2670
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽624
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9038
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽15732
₽23053
₽17292
₽20051
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
70 500
pensions
-
-
-
14 100
unemployment
-
-
-
220
surtax
-
-
-
1 049
other
-
-
-
-
income
-
-
-
11 544
health
-
-
-
5 004
total
-
-
-
31 917
Employee
31 907
-
58 240
-
unemployment
2 221
-
4 054
-
surtax
104
-
932
-
pensions
2 128
-
3 885
-
other
-
-
-
-
income
5 348
-
10 861
-
health
815
-
1 485
-
total
10 616
-
21 217
-
Employer
31 907
-
58 240
-
pensions
4 253
-
7 763
-
other
-
-
-
-
health
1 452
-
2 651
-
unemployment
1 011
-
1 846
-
total
6 716
-
12 260
-
Corporate
31 877
70 500
-
-
income
8 287
18 330
-
-
total
8 287
18 330
-
-
Dividends
23 590
52 170
-
-
withholding
3 539
7 826
-
-
total
3 539
7 826
-
-
Income
70 500
70 500
70 500
70 500
Total tax
29 158
26 156
33 477
31 917
After tax
41 342
44 344
37 023
38 583
Living cost
21 291
21 291
21 291
21 291
Free-cash
20 051
23 053
15 732
17 292

Estimated living cost  is ₽21291 per week

₽13018
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1965
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽491
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5817
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽564
₽8367
₽8167
₽710
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
70 500
pensions
-
-
-
4 721
income
-
-
-
13 157
total
-
-
-
17 878
Employee
61 701
-
62 520
-
pensions
5 237
-
5 336
-
income
11 113
-
11 254
-
health
896
-
911
-
total
17 246
-
17 501
-
Employer
61 701
-
62 520
-
pensions
6 679
-
6 793
-
health
1 172
-
1 187
-
total
7 851
-
7 980
-
Corporate
948
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.

180
13 395
-
-
total
180
13 395
-
-
Dividends
768
57 105
-
-
withholding
58
4 283
-
-
total
58
4 283
-
-
Income
70 500
70 500
70 500
70 500
Total tax
25 335
17 678
25 481
17 878
After tax
45 165
52 822
45 019
52 622
Living cost
44 455
44 455
44 455
44 455
Free-cash
710
8 367
564
8 167

Estimated living cost  is ₽44455 per week

₽33306
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3332
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽465
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7352
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽20362
-₽43995
-₽16735
-₽27211
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
6 487
regional
-
-
-
1 852
city
-
-
-
742
other

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

-
-
-
1 410
national
-
-
-
262
health
-
-
-
249
total
-
-
-
11 002
Employee
89 213
-
63 097
-
national
422
-
219
-
unemployment
-
-
-
-
regional
2 921
-
1 584
-
pensions
7 495
-
5 300
-
city
957
-
677
-
health
202
-
143
-
total
11 997
-
7 923
-
Employer
89 213
-
63 097
-
pensions
7 495
-
5 300
-
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.

1 784
-
1 263
-
health
202
-
143
-
unemployment
-
-
-
-
total
9 481
-
6 706
-
Corporate
-
70 500
-
-
national
-
5 993
-
-
regional
-
14 910
-
-
total
-
20 903
-
-
Dividends
-
49 597
-
-
withholding
-
17 359
-
-
total
-
17 359
-
-
Income
70 500
70 500
70 500
70 500
Total tax
21 478
38 262
14 629
11 002
After tax
49 022
32 238
55 871
59 498
Living cost
76 233
76 233
76 233
76 233
Free-cash
-27 211
-43 995
-20 362
-16 735

Estimated living cost  is ₽76233 per week

₽49573
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6841
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽936
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18883
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽8367
-₽9204
₽3969
₽6440
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
591
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.

-
-
-
10 750
trade
-
-
-
4 398
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.

-
-
-
6 592
total
-
-
-
22 331
Employee

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

57 986
-
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.

375
-
591
-
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.

6 819
-
10 750
-
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.

6 592
-
6 592
-
total
13 786
-
17 933
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
12 514
70 500
-
-
trade
2 146
12 090
-
-
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
582
-
-
income
1 877
10 576
-
-
chamber of commerce
165
245
-
-
total
4 291
23 493
-
-
Dividends
8 224
47 007
-
-
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.

93
626
-
-
withholding
1 690
11 385
-
-
total
1 783
12 011
-
-
Income
70 500
70 500
70 500
70 500
Total tax
19 860
35 504
17 933
22 331
After tax
50 640
34 996
52 567
48 169
Living cost
44 200
44 200
44 200
44 200
Free-cash
6 440
-9 204
8 367
3 969

Estimated living cost  is ₽44200 per week

₽32282
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3536
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽575
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7809
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽9168
₽2521
₽8896
₽8220
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
19 879
surtax
-
-
-
-
other
-
-
-
2 186
income
-
-
-
3 909
health
-
-
-
610
social contributions
-
-
-
2 009
total
-
-
-
28 593
Employee
41 294
-
53 723
-
social contributions
1 177
-
1 531
-
surtax
-
-
-
-
pensions
4 669
-
6 075
-
income
2 437
-
3 938
-
total
8 283
-
11 544
-
Employer
41 294
-
53 723
-
pensions
6 784
-
8 827
-
other
1 425
-
1 853
-
social contributions
125
-
161
-
health
2 891
-
3 761
-
unemployment
1 672
-
2 175
-
total
12 897
-
16 777
-
Corporate
16 310
70 500
-
-
surtax
-
-
-
-
income
4 566
19 740
-
-
total
4 566
19 740
-
-
Dividends
11 744
50 760
-
-
withholding
1 503
6 498
-
-
surtax
-
-
-
-
social contributions
2 020
8 730
-
-
total
3 523
15 228
-
-
Income
70 500
70 500
70 500
70 500
Total tax
29 269
34 968
28 321
28 593
After tax
41 231
35 532
42 179
41 907
Living cost
33 011
33 011
33 011
33 011
Free-cash
8 220
2 521
9 168
8 896

Estimated living cost  is ₽33011 per week

₽20815
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2684
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽562
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8952
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽12439
₽5792
₽12167
₽11150
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
19 879
surtax
-
-
-
-
other
-
-
-
2 186
income
-
-
-
3 909
health
-
-
-
610
social contributions
-
-
-
2 009
total
-
-
-
28 593
Employee
36 861
-
53 723
-
social contributions
1 051
-
1 531
-
surtax
-
-
-
-
pensions
4 169
-
6 075
-
income
1 901
-
3 938
-
total
7 121
-
11 544
-
Employer
36 861
-
53 723
-
pensions
6 057
-
8 827
-
other
1 273
-
1 853
-
social contributions
110
-
161
-
health
2 580
-
3 761
-
unemployment
1 492
-
2 175
-
total
11 512
-
16 777
-
Corporate
22 128
70 500
-
-
surtax
-
-
-
-
income
6 196
19 740
-
-
total
6 196
19 740
-
-
Dividends
15 932
50 760
-
-
withholding
2 040
6 498
-
-
surtax
-
-
-
-
social contributions
2 741
8 730
-
-
total
4 781
15 228
-
-
Income
70 500
70 500
70 500
70 500
Total tax
29 610
34 968
28 321
28 593
After tax
40 890
35 532
42 179
41 907
Living cost
29 740
29 740
29 740
29 740
Free-cash
11 150
5 792
12 439
12 167

Estimated living cost  is ₽29740 per week

₽17248
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3021
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽564
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8908
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽26282
₽22551
₽24813
₽23054
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
9 730
income
-
-
-
10 576
health
-
-
-
4 922
total
-
-
-
25 228
Employee
32 714
-
70 500
-
social contributions
4 515
-
9 730
-
income
5 456
-
9 107
-
health
2 283
-
4 922
-
total
12 254
-
23 759
-
Employer
32 714
-
70 500
-
total
-
-
-
-
Corporate
37 786
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%.

1 890
3 525
-
-
total
1 890
3 525
-
-
Dividends
35 896
66 975
-
-
withholding
5 385
10 047
-
-
social contributions
4 953
9 243
-
-
health
2 505
4 675
-
-
total
12 843
23 965
-
-
Income
70 500
70 500
70 500
70 500
Total tax
26 987
27 490
23 759
25 228
After tax
43 513
43 010
46 741
45 272
Living cost
20 459
20 459
20 459
20 459
Free-cash
23 054
22 551
26 282
24 813

Estimated living cost  is ₽20459 per week

₽13692
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1262
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽471
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5033
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽9341
₽5958
₽3856
₽4469
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
13 042
unemployment
-
-
-
5 918
surtax
-
-
-
190
chamber of commerce
-
-
-
282
income
-
-
-
7 820
health
-
-
-
5 394
total
-
-
-
32 646
Employee
48 219
38 451
54 596
-
unemployment
1 446
1 154
1 639
-
pensions
4 938
3 937
5 590
-
other
482
385
546
-
income
5 489
2 836
7 317
-
health
1 866
1 489
2 113
-
total
14 221
9 801
17 205
-
Employer
48 219
38 451
54 596
-
surtax
190
190
190
-
pensions
6 051
4 826
6 852
-
chamber of commerce
192
154
218
-
other
2 291
1 825
2 593
-
health
1 822
1 454
2 064
-
payroll
1 446
1 154
1 639
-
unemployment
1 446
1 154
1 639
-
accident
626
500
710
-
total
14 064
11 257
15 905
-
Corporate
8 215
20 792
50 934
-
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.

2 054
5 198
12 733
-
total
2 054
5 198
12 733
-
Dividends
6 161
15 594
-
-
withholding
1 694
4 288
-
-
total
1 694
4 288
-
-
Income
70 500
70 500
70 500
70 500
Total tax
32 033
30 544
45 843
32 646
After tax
38 467
39 956
24 657
37 854
Living cost
33 998
33 998
33 998
33 998
Free-cash
4 469
5 958
-9 341
3 856

Estimated living cost  is ₽33998 per week

₽22675
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2900
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽558
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7864
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽6139
₽4454
₽444
-₽18608
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
70 500
communal

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

-
-
-
3 655
national
-
-
-
21 627
social contributions
-
-
-
9 594
total
-
-
-
34 876
Employee

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

69 017
-
54 607
-
national
21 218
-
15 581
-
communal

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

3 600
-
2 849
-
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.

601
-
474
-
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.

5 176
-
4 096
-
health

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

3 243
-
2 567
-
total
33 838
-
25 567
-
Employer

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

69 017
-
54 607
-
surtax
7 826
-
6 192
-
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.

6 116
-
4 837
-
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.

4 244
-
3 358
-
unemployment

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

1 007
-
796
-
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.

897
-
709
-
total
20 090
-
15 892
-
Corporate
-
70 500
-
-
surtax
-
282
-
-
income
-
14 100
-
-
total
-
14 382
-
-
Dividends
-
56 118
-
-
withholding

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

-
16 484
-
-
total
-
16 484
-
-
Income
70 500
70 500
70 500
70 500
Total tax
53 928
30 866
41 459
34 876
After tax
16 572
39 634
29 041
35 624
Living cost
35 180
35 180
35 180
35 180
Free-cash
-18 608
4 454
-6 139
444

Estimated living cost  is ₽35180 per week

₽22660
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3076
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽551
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8893
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽3558
₽12714
₽3058
₽4929
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
19 952
accident
-
-
-
635
unemployment
-
-
-
494
other
-
-
-
71
income
-
-
-
11 445
total
-
-
-
32 597
Employee
48 028
-
53 459
-
unemployment
745
-
829
-
pensions
2 258
-
2 512
-
other
48
-
53
-
income
10 134
-
11 661
-
total
13 185
-
15 055
-
Employer
48 028
-
53 459
-
pensions
11 334
-
12 616
-
other
383
-
427
-
unemployment
2 642
-
2 941
-
accident
950
-
1 058
-
total
15 309
-
17 042
-
Corporate
7 163
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.

1 075
10 576
-
-
total
1 075
10 576
-
-
Dividends
6 088
59 924
-
-
withholding
1 157
12 365
-
-
total
1 157
12 365
-
-
Income
70 500
70 500
70 500
70 500
Total tax
30 726
22 941
32 097
32 597
After tax
39 774
47 559
38 403
37 903
Living cost
34 845
34 845
34 845
34 845
Free-cash
4 929
12 714
3 558
3 058

Estimated living cost  is ₽34845 per week

₽25659
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2472
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽502
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6211
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽5981
-₽8635
-₽7288
-₽11298
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
70 500
pensions
-
-
-
11 281
accident
-
-
-
635
surtax
-
-
-
3 732
communal
-
-
-
-
income
-
-
-
4 418
health
-
-
-
5 288
total
-
-
-
25 354
Employee
73 068
-
62 973
-
surtax
4 479
-
3 860
-
pensions
5 845
-
5 037
-
income
7 058
-
4 823
-
health
3 252
-
2 801
-
total
20 634
-
16 521
-
Employer
73 068
-
62 973
-
pensions
5 845
-
5 037
-
health
2 228
-
1 921
-
accident
657
-
568
-
total
8 730
-
7 526
-
Corporate
-
70 500
-
-
surtax
-
740
-
-
income
-
10 576
-
-
communal
-
4 759
-
-
total
-
16 075
-
-
Dividends
-
54 426
-
-
withholding
-
8 164
-
-
income
-
2 462
-
-
total
-
10 626
-
-
Income
70 500
70 500
70 500
70 500
Total tax
29 364
26 701
24 047
25 354
After tax
41 136
43 799
46 453
45 146
Living cost
52 434
52 434
52 434
52 434
Free-cash
-11 298
-8 635
-5 981
-7 288

Estimated living cost  is ₽52434 per week

₽39333
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3177
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽555
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9367
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽15351
₽22672
₽16911
₽19604
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
70 500
pensions
-
-
-
14 100
unemployment
-
-
-
220
surtax
-
-
-
1 049
other
-
-
-
-
income
-
-
-
11 544
health
-
-
-
5 004
total
-
-
-
31 917
Employee
32 493
-
58 240
-
unemployment
2 261
-
4 054
-
surtax
115
-
932
-
pensions
2 168
-
3 885
-
other
-
-
-
-
income
5 447
-
10 861
-
health
829
-
1 485
-
total
10 820
-
21 217
-
Employer
32 493
-
58 240
-
pensions
4 332
-
7 763
-
other
-
-
-
-
health
1 478
-
2 651
-
unemployment
1 031
-
1 846
-
total
6 841
-
12 260
-
Corporate
31 167
70 500
-
-
income
8 104
18 330
-
-
total
8 104
18 330
-
-
Dividends
23 063
52 170
-
-
withholding
3 459
7 826
-
-
total
3 459
7 826
-
-
Income
70 500
70 500
70 500
70 500
Total tax
29 224
26 156
33 477
31 917
After tax
41 276
44 344
37 023
38 583
Living cost
21 672
21 672
21 672
21 672
Free-cash
19 604
22 672
15 351
16 911

Estimated living cost  is ₽21672 per week

₽13084
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1884
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽504
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6202
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽7895
₽11064
₽11734
₽8924
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
70 500
regional
-
-
-
1 063
municipal
-
-
-
419
national
-
-
-
13 161
social contributions
-
-
-
18 132
total
-
-
-
32 775
Employee
53 522
-
70 500
-
national
8 479
-
11 519
-
municipal
284
-
374
-
social contributions
18 048
-
23 772
-
regional
720
-
949
-
total
27 531
-
36 614
-
Employer
53 522
-
70 500
-
total
-
-
-
-
Corporate
16 978
70 500
-
-
nationa
4 074
16 920
-
-
municipal
844
3 505
-
-
total
4 918
20 425
-
-
Dividends
12 060
50 075
-
-
withholding
3 136
13 020
-
-
total
3 136
13 020
-
-
Income
70 500
70 500
70 500
70 500
Total tax
35 585
33 445
36 614
32 775
After tax
34 915
37 055
33 886
37 725
Living cost
25 991
25 991
25 991
25 991
Free-cash
8 924
11 064
7 895
11 734

Estimated living cost  is ₽25991 per week

₽16164
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2633
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.
₽6749
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽6152
₽18915
₽4712
₽8346
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
70 500
solidarity contribution
-
-
-
-
income
-
-
-
6 060
health
-
-
-
9 518
social contributions
-
-
-
20 586
total
-
-
-
36 164
Employee
43 564
-
52 612
-
social contributions
2 832
-
3 420
-
solidarity contribution
-
-
-
-
income
5 228
-
6 313
-
health
5 881
-
7 103
-
total
13 941
-
16 836
-
Employer
43 564
-
52 612
-
social contributions
10 891
-
13 153
-
health
3 921
-
4 735
-
total
14 812
-
17 888
-
Corporate
12 124
70 500
-
-
income
2 304
13 395
-
-
total
2 304
13 395
-
-
Dividends
9 821
57 105
-
-
withholding
1 473
8 566
-
-
total
1 473
8 566
-
-
Income
70 500
70 500
70 500
70 500
Total tax
32 530
21 961
34 724
36 164
After tax
37 970
48 539
35 776
34 336
Living cost
29 624
29 624
29 624
29 624
Free-cash
8 346
18 915
6 152
4 712

Estimated living cost  is ₽29624 per week

₽22030
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1641
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽513
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5440
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽6080
₽9276
₽7262
₽8805
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
13 042
unemployment
-
-
-
5 918
surtax
-
-
-
-
chamber of commerce
-
-
-
282
income
-
-
-
7 820
health
-
-
-
5 394
total
-
-
-
32 456
Employee
42 177
38 451
54 744
-
unemployment
1 265
1 154
1 642
-
pensions
4 319
3 937
5 606
-
other
421
385
547
-
income
3 757
2 836
7 359
-
health
1 631
1 489
2 118
-
total
11 393
9 801
17 272
-
Employer
42 177
38 451
54 744
-
surtax
-
-
-
-
pensions
5 293
4 826
6 870
-
chamber of commerce
168
154
220
-
other
2 003
1 825
2 600
-
health
1 595
1 454
2 069
-
payroll
1 265
1 154
1 642
-
unemployment
1 265
1 154
1 642
-
accident
547
500
712
-
total
12 136
11 067
15 755
-
Corporate
16 186
20 983
51 082
-
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.

4 046
5 246
12 771
-
total
4 046
5 246
12 771
-
Dividends
12 139
15 737
-
-
withholding
3 338
4 328
-
-
total
3 338
4 328
-
-
Income
70 500
70 500
70 500
70 500
Total tax
30 913
30 442
45 798
32 456
After tax
39 587
40 058
24 702
38 044
Living cost
30 782
30 782
30 782
30 782
Free-cash
8 805
9 276
-6 080
7 262

Estimated living cost  is ₽30782 per week

₽18466
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3144
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.
₽8624
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽43515
₽54090
₽56910
₽51675
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
70 500
microenterprise

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

-
-
-
705
total
-
-
-
705
Employee
16 106
-
70 500
-
income
3 221
-
14 100
-
total
3 221
-
14 100
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

54 394
70 500
-
-
total
-
-
-
-
Dividends
54 394
70 500
-
-
withholding
2 719
3 525
-
-
total
2 719
3 525
-
-
Income
70 500
70 500
70 500
70 500
Total tax
5 940
3 525
14 100
705
After tax
64 560
66 975
56 400
69 795
Living cost
12 885
12 885
12 885
12 885
Free-cash
51 675
54 090
43 515
56 910

Estimated living cost  is ₽12885 per week

₽8719
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽541
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.
₽3192
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽9715
₽22659
₽11734
₽14588
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
12 876
unemployment
-
-
-
106
income
-
-
-
12 966
health
-
-
-
6 938
total
-
-
-
32 886
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.

42 666
-
61 001
-
unemployment
60
-
86
-
pensions
6 614
-
9 455
-
income
7 358
-
11 926
-
health
2 756
-
3 940
-
total
16 788
-
25 407
-
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.

42 666
-
61 001
-
pensions
3 776
-
5 398
-
health
2 842
-
4 063
-
unemployment
26
-
37
-
total
6 644
-
9 498
-
Corporate
21 191
70 500
-
-
income
4 026
13 396
-
-
total
4 026
13 396
-
-
Dividends
17 165
57 104
-
-
withholding
2 574
8 565
-
-
total
2 574
8 565
-
-
Income
70 500
70 500
70 500
70 500
Total tax
30 032
21 961
34 905
32 886
After tax
40 468
48 539
35 595
37 614
Living cost
25 880
25 880
25 880
25 880
Free-cash
14 588
22 659
9 715
11 734

Estimated living cost  is ₽25880 per week

₽17761
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1659
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽502
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5960
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽12225
-₽1767
₽4062
-₽83824
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
70 500
income
-
-
-
13 742
social contributions
-
-
-
8 037
total
-
-
-
21 779
Employee
64 035
-
-
-
social contributions
5 251
-
748
-
income
14 125
-
-
-
total
19 376
-
748
-
Employer
64 035
-
-
-
social contributions
90 289
-
12 868
-
total
90 289
-
12 868
-
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
109 665
27 608
13 616
21 779
After tax
-39 165
42 892
56 884
48 721
Living cost
44 659
44 659
44 659
44 659
Free-cash
-83 824
-1 767
12 225
4 062

Estimated living cost  is ₽44659 per week

₽28977
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4200
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽569
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10913
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽7186
₽9836
₽9832
₽8866
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

Based on articles 30.º, 31.º and 151.º of CIRS, sole-trader can use 75% of income as a tax base when earnings are below €200,000 per annum.

-
-
-
70 500
surtax
-
-
-
-
income
-
-
-
5 905
social contributions

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

-
-
-
24 499
total
-
-
-
30 404
Employee
44 376
-
56 969
-
social contributions
4 881
-
6 267
-
surtax
-
-
-
-
income
9 230
-
13 252
-
total
14 111
-
19 519
-
Employer
44 376
-
56 969
-
social contributions
10 539
-
13 531
-
total
10 539
-
13 531
-
Corporate
15 585
70 500
-
-
surtax
-
-
-
-
income
3 272
14 805
-
-
total
3 272
14 805
-
-
Dividends
12 313
55 695
-
-
withholding
3 448
15 595
-
-
total
3 448
15 595
-
-
Income
70 500
70 500
70 500
70 500
Total tax
31 370
30 400
33 050
30 404
After tax
39 130
40 100
37 450
40 096
Living cost
30 264
30 264
30 264
30 264
Free-cash
8 866
9 836
7 186
9 832

Estimated living cost  is ₽30264 per week

₽22644
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1785
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽505
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5330
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽4422
-₽11069
-₽4694
-₽8803
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
19 879
surtax
-
-
-
-
other
-
-
-
2 186
income
-
-
-
3 909
health
-
-
-
610
social contributions
-
-
-
2 009
total
-
-
-
28 593
Employee
60 431
-
53 723
-
social contributions
1 721
-
1 531
-
surtax
-
-
-
-
pensions
6 835
-
6 075
-
income
5 273
-
3 938
-
total
13 829
-
11 544
-
Employer
60 431
-
53 723
-
pensions
9 929
-
8 827
-
other
2 085
-
1 853
-
social contributions
181
-
161
-
health
4 230
-
3 761
-
unemployment
2 448
-
2 175
-
total
18 873
-
16 777
-
Corporate
-
70 500
-
-
surtax
-
-
-
-
income
-
19 740
-
-
total
-
19 740
-
-
Dividends
-
50 760
-
-
withholding
-
6 498
-
-
surtax
-
-
-
-
social contributions
-
8 730
-
-
total
-
15 228
-
-
Income
70 500
70 500
70 500
70 500
Total tax
32 702
34 968
28 321
28 593
After tax
37 798
35 532
42 179
41 907
Living cost
46 601
46 601
46 601
46 601
Free-cash
-8 803
-11 069
-4 422
-4 694

Estimated living cost  is ₽46601 per week

₽31539
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3812
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽639
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10611
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽27411
₽34448
₽25436
₽31205
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
553
social contributions
-
-
-
15 508
total
-
-
-
16 061
Employee
31 019
-
61 037
-
social contributions
2 016
-
3 968
-
income
-
-
655
-
total
2 016
-
4 623
-
Employer
31 019
-
61 037
-
social contributions
4 808
-
9 463
-
total
4 808
-
9 463
-
Corporate
34 673
70 500
-
-
income
3 468
7 049
-
-
total
3 468
7 049
-
-
Dividends
31 205
63 451
-
-
total
-
-
-
-
Income
70 500
70 500
70 500
70 500
Total tax
10 292
7 049
14 086
16 061
After tax
60 208
63 451
56 414
54 439
Living cost
29 003
29 003
29 003
29 003
Free-cash
31 205
34 448
27 411
25 436

Estimated living cost  is ₽29003 per week

₽18753
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2186
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽546
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7518
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽139306
-₽139306
-₽1592
-₽139306
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
835
labour market
-
-
-
5 573
municipal
-
-
-
12 224
national
-
-
-
7 084
total
-
-
-
25 716
Employee
195 743
195 743
195 743
-
national
23 914
23 914
23 914
-
municipal
41 682
41 682
41 682
-
labour market
15 637
15 637
15 637
-
pensions
278
278
278
-
total
81 511
81 511
81 511
-
Employer
195 743
195 743
195 743
-
pensions
556
556
556
-
national
23 955
23 955
23 955
-
municipal
41 749
41 749
41 749
-
labour market
15 659
15 659
15 659
-
total
81 919
81 919
81 919
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
70 500
70 500
70 500
70 500
Total tax
163 430
163 430
163 430
25 716
After tax
-92 930
-92 930
-92 930
44 784
Living cost
46 376
46 376
46 376
46 376
Free-cash
-139 306
-139 306
-139 306
-1 592

Estimated living cost  is ₽46376 per week

₽31740
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4102
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽713
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9820
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽15038
-₽15218
₽27623
₽2501
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
70 500
pensions
-
-
-
4 018
accident
-
-
-
244
other
-
-
-
358
income
-
-
-
15 222
health
-
-
-
2 106
total
-
-
-
21 948
Employee
32 923
-
58 565
-
pensions
3 707
-
6 594
-
income
4 517
-
9 299
-
health
3 770
-
6 705
-
total
11 994
-
22 598
-
Employer
32 923
-
58 565
-
pensions
5 353
-
9 522
-
unemployment
807
-
1 435
-
accident
550
-
978
-
total
6 710
-
11 935
-
Corporate
30 867
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.

27 780
63 450
-
-
total
27 780
63 450
-
-
Dividends
3 087
7 050
-
-
withholding
586
1 339
-
-
total
586
1 339
-
-
Income
70 500
70 500
70 500
70 500
Total tax
47 070
64 789
34 533
21 948
After tax
23 430
5 711
35 967
48 552
Living cost
20 929
20 929
20 929
20 929
Free-cash
2 501
-15 218
15 038
27 623

Estimated living cost  is ₽20929 per week

₽15234
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1193
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.
₽4109
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽5232
₽11140
₽15533
₽7029
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
12 568
national
-
-
-
4 673
health
-
-
-
683
total
-
-
-
17 924
Employee
50 763
-
59 309
-
national
839
-
1 928
-
municipal
8 315
-
9 702
-
unemployment
762
-
890
-
pensions
3 426
-
4 003
-
health
379
-
511
-
total
13 721
-
17 034
-
Employer
50 763
-
59 309
-
pensions
8 807
-
10 290
-
health
390
-
456
-
unemployment
330
-
386
-
accident
51
-
59
-
total
9 578
-
11 191
-
Corporate
10 159
70 500
-
-
income
2 032
14 100
-
-
total
2 032
14 100
-
-
Dividends

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

6 095
42 300
-
-
municipal
1 097
7 613
-
-
national
-
604
-
-
total
1 097
8 217
-
-
Income
70 500
70 500
70 500
70 500
Total tax
26 428
22 317
28 225
17 924
After tax
44 072
48 183
42 275
52 576
Living cost
37 043
37 043
37 043
37 043
Free-cash
7 029
11 140
5 232
15 533

Estimated living cost  is ₽37043 per week

₽24197
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3563
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽590
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8695
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28090
₽26342
₽30642
₽24165
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
4 722
health
-
-
-
1 798
social contributions
-
-
-
10 999
total
-
-
-
17 519
Employee
74 193
74 193
74 193
-
social contributions
2 805
6 158
5 312
-
income
8 078
6 868
7 174
-
health
575
1 262
1 088
-
total
11 458
14 288
13 574
-
Employer
74 193
74 193
74 193
-
social contributions
2 805
6 158
5 312
-
health
624
1 373
1 185
-
total
3 429
7 531
6 497
-
Corporate
33 273
-
-
-
income
4 160
-
-
-
total
4 160
-
-
-
Dividends
29 113
-
-
-
withholding
4 949
-
-
-
total
4 949
-
-
-
Income
70 500
70 500
70 500
70 500
Total tax
23 996
21 819
20 071
17 519
After tax
46 504
48 681
50 429
52 981
Living cost
22 339
22 339
22 339
22 339
Free-cash
24 165
26 342
28 090
30 642

Estimated living cost  is ₽22339 per week

₽13388
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2192
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽494
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6266
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28255
₽43064
₽39173
₽38153
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
6 137
unemployment
-
-
-
27
income
-
-
-
6 352
health
-
-
-
3 492
total
-
-
-
16 008
Employee

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

22 147
-
63 916
-
unemployment
110
-
320
-
pensions
3 321
-
9 587
-
income
1 514
-
5 002
-
health
1 882
-
5 433
-
total
6 827
-
20 342
-
Employer

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

22 147
-
63 916
-
pensions
1 218
-
3 516
-
health
952
-
2 748
-
unemployment
110
-
320
-
total
2 280
-
6 584
-
Corporate
46 074
70 500
-
-
income
4 147
6 344
-
-
total
4 147
6 344
-
-
Dividends
41 927
64 156
-
-
withholding
3 774
5 773
-
-
total
3 774
5 773
-
-
Income
70 500
70 500
70 500
70 500
Total tax
17 028
12 117
26 926
16 008
After tax
53 472
58 383
43 574
54 492
Living cost
15 319
15 319
15 319
15 319
Free-cash
38 153
43 064
28 255
39 173

Estimated living cost  is ₽15319 per week

₽9774
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1104
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽456
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3984
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽11871
₽21027
₽11371
₽15967
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
19 952
accident
-
-
-
635
unemployment
-
-
-
494
other
-
-
-
71
income
-
-
-
11 445
total
-
-
-
32 597
Employee
35 676
-
53 459
-
unemployment
553
-
829
-
pensions
1 677
-
2 512
-
other
35
-
53
-
income
6 878
-
11 661
-
total
9 143
-
15 055
-
Employer
35 676
-
53 459
-
pensions
8 419
-
12 616
-
other
286
-
427
-
unemployment
1 963
-
2 941
-
accident
707
-
1 058
-
total
11 375
-
17 042
-
Corporate
23 450
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.

3 517
10 576
-
-
total
3 517
10 576
-
-
Dividends
19 932
59 924
-
-
withholding
3 966
12 365
-
-
total
3 966
12 365
-
-
Income
70 500
70 500
70 500
70 500
Total tax
28 001
22 941
32 097
32 597
After tax
42 499
47 559
38 403
37 903
Living cost
26 532
26 532
26 532
26 532
Free-cash
15 967
21 027
11 871
11 371

Estimated living cost  is ₽26532 per week

₽17909
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2551
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽465
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5608
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽43063
₽42327
₽43181
₽42053
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
70 500
pensions
-
-
-
1 215
income
-
-
-
23 558
health
-
-
-
881
total
-
-
-
25 654
Employee
2 536
-
69 134
-
unemployment
25
-
61
-
pensions
228
-
547
-
income
491
-
23 494
-
health
127
-
304
-
total
871
-
24 406
-
Employer
2 536
-
69 134
-
pensions
279
-
668
-
health
241
-
577
-
unemployment
51
-
121
-
total
571
-
1 366
-
Corporate
67 393
70 500
-
-
income
14 827
15 510
-
-
total
14 827
15 510
-
-
Dividends
52 567
54 990
-
-
withholding
10 513
10 998
-
-
total
10 513
10 998
-
-
Income
70 500
70 500
70 500
70 500
Total tax
26 782
26 508
25 772
25 654
After tax
43 718
43 992
44 728
44 846
Living cost
1 665
1 665
1 665
1 665
Free-cash
42 053
42 327
43 063
43 181

Estimated living cost  is ₽1665 per week

₽989
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽135
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽38
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽502
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽20315
₽34280
₽17686
₽29544
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
18 330
unemployment
-
-
-
1 057
income
-
-
-
9 510
health
-
-
-
7 261
total
-
-
-
36 158
Employee

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

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

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

25 116
-
59 796
-
unemployment
188
-
448
-
pensions
3 516
-
8 371
-
income
3 462
-
10 926
-
health
1 293
-
3 080
-
total
8 459
-
22 825
-
Employer

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

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

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

25 116
-
59 796
-
pensions
3 014
-
7 176
-
health
1 293
-
3 080
-
unemployment
188
-
448
-
total
4 495
-
10 704
-
Corporate
40 888
70 500
-
-
income
6 133
10 575
-
-
total
6 133
10 575
-
-
Dividends
34 755
59 925
-
-
withholding
5 213
8 989
-
-
total
5 213
8 989
-
-
Income
70 500
70 500
70 500
70 500
Total tax
24 300
19 564
33 529
36 158
After tax
46 200
50 936
36 971
34 342
Living cost
16 656
16 656
16 656
16 656
Free-cash
29 544
34 280
20 315
17 686

Estimated living cost  is ₽16656 per week

₽11215
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1288
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.
₽3671
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽11438
₽14088
₽14084
₽13739
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

Based on articles 30.º, 31.º and 151.º of CIRS, sole-trader can use 75% of income as a tax base when earnings are below €200,000 per annum.

-
-
-
70 500
surtax
-
-
-
-
income
-
-
-
5 905
social contributions

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

-
-
-
24 499
total
-
-
-
30 404
Employee
37 448
-
56 969
-
social contributions
4 120
-
6 267
-
surtax
-
-
-
-
income
7 317
-
13 252
-
total
11 437
-
19 519
-
Employer
37 448
-
56 969
-
social contributions
8 893
-
13 531
-
total
8 893
-
13 531
-
Corporate
24 159
70 500
-
-
surtax
-
-
-
-
income
5 074
14 805
-
-
total
5 074
14 805
-
-
Dividends
19 085
55 695
-
-
withholding
5 345
15 595
-
-
total
5 345
15 595
-
-
Income
70 500
70 500
70 500
70 500
Total tax
30 749
30 400
33 050
30 404
After tax
39 751
40 100
37 450
40 096
Living cost
26 012
26 012
26 012
26 012
Free-cash
13 739
14 088
11 438
14 084

Estimated living cost  is ₽26012 per week

₽18423
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1807
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.
₽5321
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽4494
₽13650
₽3994
₽6226
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
19 952
accident
-
-
-
635
unemployment
-
-
-
494
other
-
-
-
71
income
-
-
-
11 445
total
-
-
-
32 597
Employee
46 598
-
53 459
-
unemployment
721
-
829
-
pensions
2 190
-
2 512
-
other
46
-
53
-
income
9 733
-
11 661
-
total
12 690
-
15 055
-
Employer
46 598
-
53 459
-
pensions
10 997
-
12 616
-
other
374
-
427
-
unemployment
2 563
-
2 941
-
accident
923
-
1 058
-
total
14 857
-
17 042
-
Corporate
9 045
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.

1 357
10 576
-
-
total
1 357
10 576
-
-
Dividends
7 689
59 924
-
-
withholding
1 461
12 365
-
-
total
1 461
12 365
-
-
Income
70 500
70 500
70 500
70 500
Total tax
30 365
22 941
32 097
32 597
After tax
40 135
47 559
38 403
37 903
Living cost
33 909
33 909
33 909
33 909
Free-cash
6 226
13 650
4 494
3 994

Estimated living cost  is ₽33909 per week

₽24352
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2637
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽478
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6443
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽12047
₽27816
₽9862
₽16316
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

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

-
-
-
9 756
unemployment
-
-
-
264
income
-
-
-
10 576
health
-
-
-
7 580
total
-
-
-
28 176
Employee
42 985
-
58 937
-
pensions

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

3 774
-
5 174
-
income
4 299
-
5 894
-
accident

We are using the highest rate at 1.1%.

472
-
648
-
health
1 977
-
2 712
-
total
10 522
-
14 428
-
Employer
42 985
-
58 937
-
pensions

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

4 737
-
6 495
-
health
2 966
-
4 067
-
unemployment
258
-
353
-
accident

We are using the highest rate at 1.1%.

472
-
648
-
total
8 433
-
11 563
-
Corporate
19 082
70 500
-
-
income
1 908
7 049
-
-
total
1 908
7 049
-
-
Dividends
17 174
63 451
-
-
withholding
859
3 173
-
-
total
859
3 173
-
-
Income
70 500
70 500
70 500
70 500
Total tax
21 722
10 222
25 991
28 176
After tax
48 778
60 278
44 509
42 324
Living cost
32 462
32 462
32 462
32 462
Free-cash
16 316
27 816
12 047
9 862

Estimated living cost  is ₽32462 per week

₽21470
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1858
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽775
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8360
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Sofia model

Close
Berlin , Germany
₽15317
-₽805
₽11637
₽11815
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
591
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.

-
-
-
10 750
trade
-
-
-
3 680
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.

-
-
-
6 592
total
-
-
-
21 613
Employee

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

48 007
-
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.

218
-
591
-
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.

3 948
-
10 750
-
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.

6 592
-
6 592
-
total
10 758
-
17 933
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
22 493
70 500
-
-
trade
3 228
10 116
-
-
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
582
-
-
income
3 375
10 576
-
-
chamber of commerce
179
249
-
-
total
6 967
21 523
-
-
Dividends
15 526
48 977
-
-
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.

194
654
-
-
withholding
3 516
11 878
-
-
total
3 710
12 532
-
-
Income
70 500
70 500
70 500
70 500
Total tax
21 435
34 055
17 933
21 613
After tax
49 065
36 445
52 567
48 887
Living cost
37 250
37 250
37 250
37 250
Free-cash
11 815
-805
15 317
11 637

Estimated living cost  is ₽37250 per week

₽25696
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4008
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.
₽7005
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽2438
-₽5612
-₽2438
-₽4973
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
12 253
social contributions
-
-
-
5 723
total
-
-
-
17 976
Employee
75 473
-
70 500
-
social contributions
6 270
-
5 723
-
income
14 241
-
12 253
-
total
20 511
-
17 976
-
Employer
75 473
-
70 500
-
total
-
-
-
-
Corporate
-
70 500
-
-
income
-
8 813
-
-
total
-
8 813
-
-
Dividends
-
61 687
-
-
withholding
-
12 337
-
-
total
-
12 337
-
-
Income
70 500
70 500
70 500
70 500
Total tax
20 511
21 150
17 976
17 976
After tax
49 989
49 350
52 524
52 524
Living cost
54 962
54 962
54 962
54 962
Free-cash
-4 973
-5 612
-2 438
-2 438

Estimated living cost  is ₽54962 per week

₽41814
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4479
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8144
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽16348
₽5705
₽2044
₽11291
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We use The Residence Programme or The Global Residence Programme.

-
-
-
70 500
income
-
-
-
27 465
health

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

-
-
-
5 967
total
-
-
-
33 432
Employee
44 262
-
66 062
-
social contributions
4 435
-
4 438
-
income
4 803
-
10 252
-
total
9 238
-
14 690
-
Employer
44 262
-
66 062
-
social contributions
4 435
-
4 438
-
total
4 435
-
4 438
-
Corporate
21 804
70 500
-
-
income
7 632
24 674
-
-
total
7 632
24 674
-
-
Dividends
14 172
45 826
-
-
social contributions
2 880
5 097
-
-
total
2 880
5 097
-
-
Income
70 500
70 500
70 500
70 500
Total tax
24 185
29 771
19 128
33 432
After tax
46 315
40 729
51 372
37 068
Living cost
35 024
35 024
35 024
35 024
Free-cash
11 291
5 705
16 348
2 044

Estimated living cost  is ₽35024 per week

₽23070
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2761
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.
₽8655
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽8878
₽16681
₽16481
₽11191
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
70 500
pensions
-
-
-
4 721
income
-
-
-
13 157
total
-
-
-
17 878
Employee
49 608
-
62 520
-
pensions
3 786
-
5 336
-
income
9 034
-
11 254
-
health
647
-
911
-
total
13 467
-
17 501
-
Employer
49 608
-
62 520
-
pensions
5 012
-
6 793
-
health
943
-
1 187
-
total
5 955
-
7 980
-
Corporate
14 937
70 500
-
-
income

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

2 837
13 395
-
-
total
2 837
13 395
-
-
Dividends
12 100
57 105
-
-
withholding
909
4 283
-
-
total
909
4 283
-
-
Income
70 500
70 500
70 500
70 500
Total tax
23 168
17 678
25 481
17 878
After tax
47 332
52 822
45 019
52 622
Living cost
36 141
36 141
36 141
36 141
Free-cash
11 191
16 681
8 878
16 481

Estimated living cost  is ₽36141 per week

₽24792
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3323
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽452
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7571
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽12966
-₽17290
₽25551
₽2183
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
70 500
pensions
-
-
-
4 018
accident
-
-
-
244
other
-
-
-
358
income
-
-
-
15 222
health
-
-
-
2 106
total
-
-
-
21 948
Employee
36 182
-
58 565
-
pensions
4 074
-
6 594
-
income
4 964
-
9 299
-
health
4 143
-
6 705
-
total
13 181
-
22 598
-
Employer
36 182
-
58 565
-
pensions
5 883
-
9 522
-
unemployment
886
-
1 435
-
accident
604
-
978
-
total
7 373
-
11 935
-
Corporate
26 945
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.

24 250
63 450
-
-
total
24 250
63 450
-
-
Dividends
2 695
7 050
-
-
withholding
512
1 339
-
-
total
512
1 339
-
-
Income
70 500
70 500
70 500
70 500
Total tax
45 316
64 789
34 533
21 948
After tax
25 184
5 711
35 967
48 552
Living cost
23 001
23 001
23 001
23 001
Free-cash
2 183
-17 290
12 966
25 551

Estimated living cost  is ₽23001 per week

₽16880
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1340
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽463
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4317
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽27949
₽46877
₽27949
₽42180
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
12 972
unemployment
-
-
-
846
work injury
-
-
-
352
health insurance
-
-
-
5 217
income
-
-
-
10 116
total
-
-
-
29 503
Employee

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

20 877
-
70 500
-
health insurance
1 545
-
5 217
-
unemployment
251
-
846
-
pensions
3 841
-
12 972
-
work injury
104
-
352
-
income
2 088
-
10 116
-
total
7 829
-
29 503
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
49 623
70 500
-
-
income

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

-
-
-
-
total
-
-
-
-
Dividends
49 623
70 500
-
-
withholding
7 443
10 575
-
-
total
7 443
10 575
-
-
Income
70 500
70 500
70 500
70 500
Total tax
15 272
10 575
29 503
29 503
After tax
55 228
59 925
40 997
40 997
Living cost
13 048
13 048
13 048
13 048
Free-cash
42 180
46 877
27 949
27 949

Estimated living cost  is ₽13048 per week

₽8084
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽948
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.
₽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 Skopje model

Close
Rome , Italy
-₽4650
-₽1303
-₽870
-₽10804
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 169
municipal
-
-
-
471
national
-
-
-
13 161
social contributions
-
-
-
18 132
total
-
-
-
32 933
Employee
81 305
-
70 500
-
national
13 740
-
11 519
-
municipal
485
-
421
-
social contributions
27 415
-
23 772
-
regional
1 227
-
1 001
-
total
42 867
-
36 713
-
Employer
81 305
-
70 500
-
total
-
-
-
-
Corporate
-
70 500
-
-
nationa
-
16 920
-
-
municipal
-
3 398
-
-
total
-
20 318
-
-
Dividends
-
50 182
-
-
withholding
-
13 048
-
-
total
-
13 048
-
-
Income
70 500
70 500
70 500
70 500
Total tax
42 867
33 366
36 713
32 933
After tax
27 633
37 134
33 787
37 567
Living cost
38 437
38 437
38 437
38 437
Free-cash
-10 804
-1 303
-4 650
-870

Estimated living cost  is ₽38437 per week

₽27000
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2644
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽580
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8212
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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