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
₽7432
₽24070
₽19804
₽17759
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
70 500
income

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

-
-
-
11 159
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.

-
-
-
613
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.

-
-
-
6 378
trade
-
-
-
4 266
total
-
-
-
22 416
Employee

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

35 710
-
70 500
-
surtax

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

55
-
613
-
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.

998
-
11 159
-
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.

6 378
-
6 378
-
total
7 431
-
18 150
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
34 790
70 500
-
-
income
5 218
10 576
-
-
surtax

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

287
581
-
-
chamber of commerce
191
243
-
-
trade
5 480
11 104
-
-
total
11 176
22 504
-
-
Dividends
23 613
47 997
-
-
surtax

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

305
640
-
-
withholding
5 549
11 644
-
-
total
5 854
12 284
-
-
Income
70 500
70 500
70 500
70 500
Total tax
24 461
34 788
18 150
22 416
After tax
46 039
35 712
52 350
48 084
Living cost
28 280
28 280
28 280
28 280
Free-cash
17 759
7 432
24 070
19 804

Estimated living cost  is ₽28280 per week

₽17789
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3297
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽528
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6665
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽5814
-₽5810
-₽6363
-₽13715
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
70 500
social contributions
-
-
-
758
municipal
-
-
-
6 997
national
-
-
-
10 842
pensions
-
-
-
8 460
total
-
-
-
27 057
Employee
77 208
-
60 947
-
municipal
9 536
-
7 270
-
pensions
3 088
-
2 438
-
national
14 778
-
11 265
-
total
27 402
-
20 973
-
Employer
77 208
-
60 947
-
pensions
6 177
-
4 876
-
social contributions
830
-
655
-
total
7 007
-
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
34 409
26 508
26 504
27 057
After tax
36 091
43 992
43 996
43 443
Living cost
49 806
49 806
49 806
49 806
Free-cash
-13 715
-5 814
-5 810
-6 363

Estimated living cost  is ₽49806 per week

₽33853
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4630
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽745
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10578
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽36976
₽20573
₽37561
₽29317
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

As of 1 January, 2018 a microenterprise tax rate for microenterprise turnover of up to €40,000 is 15%. This tax is inclusive of all other taxes and contributions.

Microenterprise tax could also be applied to a company but as the only exception is a limitation of liability, we advise to register as a sole-trader.

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

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

-
-
-
2 939
microenterprise
-
-
-
10 576
total
-
-
-
13 515
Employee
27 282
-
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.

3 001
-
6 249
-
income
4 856
-
10 567
-
total
7 857
-
16 816
-
Employer
27 282
-
56 813
-
social contributions

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

6 572
-
13 687
-
surtax
-
-
-
-
total
6 572
-
13 687
-
Corporate
36 647
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%.

7 330
14 100
-
-
total
7 330
14 100
-
-
Dividends

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

29 317
56 400
-
-
total
-
-
-
-
Income
70 500
70 500
70 500
70 500
Total tax
21 759
14 100
30 503
13 515
After tax
48 741
56 400
39 997
56 985
Living cost
19 424
19 424
19 424
19 424
Free-cash
29 317
36 976
20 573
37 561

Estimated living cost  is ₽19424 per week

₽12392
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1850
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽441
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4741
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽16972
-₽22213
₽1032
-₽22213
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
70 500
income
-
-
-
9 534
health
-
-
-
9 883
pensions
-
-
-
10 939
total
-
-
-
30 356
Employee
79 730
79 730
79 730
-
pensions
14 351
10 939
14 351
-
income

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

13 051
13 051
13 051
-
health
12 238
10 409
12 238
-
total
39 640
34 399
39 640
-
Employer
79 730
79 730
79 730
-
health
5 542
5 542
5 542
-
pensions
5 549
5 549
5 549
-
unemployment
2 870
2 870
2 870
-
total
13 961
13 961
13 961
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
70 500
70 500
70 500
70 500
Total tax
53 601
48 360
53 601
30 356
After tax
16 899
22 140
16 899
40 144
Living cost
39 112
39 112
39 112
39 112
Free-cash
-22 213
-16 972
-22 213
1 032

Estimated living cost  is ₽39112 per week

₽27718
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3526
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽622
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7247
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽795
-₽50
-₽2554
-₽94
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
70 500
accident
-
-
-
141
other
-
-
-
8 192
unemployment
-
-
-
70
health
-
-
-
4 399
municipal
-
-
-
14 933
national
-
-
-
-
pensions
-
-
-
7 621
total
-
-
-
35 356
Employee
53 717
-
53 645
-
municipal
16 018
-
15 997
-
national
-
-
-
-
total
16 018
-
15 997
-
Employer
53 717
-
53 645
-
health
3 304
-
3 299
-
pensions
5 807
-
5 799
-
accident
107
-
107
-
unemployment
1 418
-
1 416
-
other
6 242
-
6 234
-
total
16 878
-
16 855
-
Corporate
-
70 500
-
-
income
-
15 510
-
-
total
-
15 510
-
-
Dividends
-
54 990
-
-
withholding
-
16 497
-
-
total
-
16 497
-
-
Income
70 500
70 500
70 500
70 500
Total tax
32 896
32 007
32 852
35 356
After tax
37 604
38 493
37 648
35 144
Living cost
37 698
37 698
37 698
37 698
Free-cash
-94
795
-50
-2 554

Estimated living cost  is ₽37698 per week

₽24985
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3699
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽572
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8442
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽1330
₽15672
₽11216
₽11791
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
70 500
income

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

-
-
-
11 159
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.

-
-
-
613
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.

-
-
-
6 378
trade
-
-
-
4 456
total
-
-
-
22 606
Employee

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

47 347
-
70 500
-
surtax

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

223
-
613
-
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.

4 068
-
11 159
-
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.

6 378
-
6 378
-
total
10 669
-
18 150
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
23 153
70 500
-
-
income
3 473
10 576
-
-
surtax

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

191
581
-
-
chamber of commerce
175
243
-
-
trade
3 809
11 598
-
-
total
7 648
22 998
-
-
Dividends
15 504
47 502
-
-
surtax

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

193
634
-
-
withholding
3 521
11 520
-
-
total
3 714
12 154
-
-
Income
70 500
70 500
70 500
70 500
Total tax
22 031
35 152
18 150
22 606
After tax
48 469
35 348
52 350
47 894
Living cost
36 678
36 678
36 678
36 678
Free-cash
11 791
-1 330
15 672
11 216

Estimated living cost  is ₽36678 per week

₽24530
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3868
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽547
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7732
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽19105
₽20441
₽22387
₽17582
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
5 035
social contributions
-
-
-
10 997
health
-
-
-
1 798
total
-
-
-
17 830
Employee
71 793
71 793
71 793
-
social contributions
3 489
5 958
5 312
-
income
7 539
6 646
6 880
-
health
714
1 221
1 088
-
total
11 742
13 825
13 280
-
Employer
71 793
71 793
71 793
-
health
778
1 329
1 184
-
social contributions
3 489
5 958
5 312
-
total
4 267
7 287
6 496
-
Corporate
24 209
-
-
-
income
3 026
-
-
-
total
3 026
-
-
-
Dividends
21 183
-
-
-
withholding
3 600
-
-
-
total
3 600
-
-
-
Income
70 500
70 500
70 500
70 500
Total tax
22 635
21 112
19 776
17 830
After tax
47 865
49 388
50 724
52 670
Living cost
30 283
30 283
30 283
30 283
Free-cash
17 582
19 105
20 441
22 387

Estimated living cost  is ₽30283 per week

₽20701
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2365
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽509
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6708
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽23074
₽24146
₽32115
₽23420
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

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

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

The minimum wage is 138,000 HUF per month.

24 139
9 607
58 996
-
unemployment
362
144
885
-
pensions
2 414
961
5 900
-
income
2 951
1 174
7 212
-
health
1 690
672
4 130
-
total
7 417
2 951
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.

24 139
9 607
58 996
-
pensions
4 707
1 873
11 504
-
total
4 707
1 873
11 504
-
Corporate
41 653
59 019
-
-
income
3 749
5 312
-
-
total
3 749
5 312
-
-
Dividends
37 905
53 708
-
-
social contributions
7 282
10 363
-
-
withholding
7 202
10 204
-
-
total
14 484
20 567
-
-
Income
70 500
70 500
70 500
70 500
Total tax
30 357
30 703
29 631
21 662
After tax
40 143
39 797
40 869
48 838
Living cost
16 723
16 723
16 723
16 723
Free-cash
23 420
23 074
24 146
32 115

Estimated living cost  is ₽16723 per week

₽11412
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1368
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽334
Clothing and shoes. We estimate one pair of shoes and 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 Budapest model

Close
Tallinn , Estonia
₽33849
₽18083
₽15237
₽28047
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
70 500
income
-
-
-
9 447
health
-
-
-
9 165
pensions
-
-
-
14 100
total
-
-
-
32 712
Employee
26 486
-
52 690
-
unemployment
423
-
843
-
pensions
530
-
1 054
-
income
2 982
-
10 158
-
total
3 935
-
12 055
-
Employer
26 486
-
52 690
-
health
3 443
-
6 850
-
pensions
5 298
-
10 539
-
unemployment
213
-
422
-
total
8 954
-
17 811
-
Corporate
35 061
70 500
-
-
income
7 013
14 100
-
-
total
7 013
14 100
-
-
Dividends
28 048
56 400
-
-
total
-
-
-
-
Income
70 500
70 500
70 500
70 500
Total tax
19 902
14 100
29 866
32 712
After tax
50 598
56 400
40 634
37 788
Living cost
22 551
22 551
22 551
22 551
Free-cash
28 047
33 849
18 083
15 237

Estimated living cost  is ₽22551 per week

₽15468
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1343
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽454
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5287
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽15130
₽15028
₽27702
₽2513
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
70 500
accident
-
-
-
239
income
-
-
-
15 361
other
-
-
-
351
health
-
-
-
2 066
pensions
-
-
-
3 941
total
-
-
-
21 958
Employee
32 783
-
58 565
-
pensions
3 691
-
6 594
-
income
4 498
-
9 397
-
health
3 754
-
6 705
-
total
11 943
-
22 696
-
Employer
32 783
-
58 565
-
pensions
5 331
-
9 523
-
accident
547
-
978
-
unemployment
803
-
1 435
-
total
6 681
-
11 936
-
Corporate
31 036
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.

27 933
63 450
-
-
total
27 933
63 450
-
-
Dividends
3 103
7 050
-
-
withholding
590
1 340
-
-
total
590
1 340
-
-
Income
70 500
70 500
70 500
70 500
Total tax
47 147
64 790
34 632
21 958
After tax
23 353
5 710
35 868
48 542
Living cost
20 840
20 840
20 840
20 840
Free-cash
2 513
-15 130
15 028
27 702

Estimated living cost  is ₽20840 per week

₽15274
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1155
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽435
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3977
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59452
₽48877
₽62272
₽58041
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
70 500
microenterprise

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

-
-
-
705
total
-
-
-
705
Employee
9 404
-
70 500
-
income
1 881
-
14 100
-
total
1 881
-
14 100
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

61 096
70 500
-
-
total
-
-
-
-
Dividends
61 096
70 500
-
-
withholding
3 055
3 525
-
-
total
3 055
3 525
-
-
Income
70 500
70 500
70 500
70 500
Total tax
4 936
3 525
14 100
705
After tax
65 564
66 975
56 400
69 795
Living cost
7 523
7 523
7 523
7 523
Free-cash
58 041
59 452
48 877
62 272

Estimated living cost  is ₽7523 per week

₽4662
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽625
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽207
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2029
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽26919
₽16451
₽13297
₽20614
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
70 500
income
-
-
-
8 955
other
-
-
-
3 349
health
-
-
-
3 102
pensions

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

-
-
-
16 919
total
-
-
-
32 325
Employee
33 900
-
56 310
-
unemployment
338
-
563
-
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.

2 372
-
3 940
-
income
5 836
-
9 693
-
health
475
-
788
-
total
9 021
-
14 984
-
Employer
33 900
-
56 310
-
health
475
-
788
-
pensions

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

5 764
-
9 571
-
accident
271
-
450
-
unemployment
338
-
563
-
other
1 696
-
2 815
-
total
8 544
-
14 187
-
Corporate
28 057
70 500
-
-
income
5 891
14 805
-
-
total
5 891
14 805
-
-
Dividends
22 165
55 695
-
-
withholding
1 552
3 898
-
-
total
1 552
3 898
-
-
Income
70 500
70 500
70 500
70 500
Total tax
25 008
18 703
29 171
32 325
After tax
45 492
51 797
41 329
38 175
Living cost
24 878
24 878
24 878
24 878
Free-cash
20 614
26 919
16 451
13 297

Estimated living cost  is ₽24878 per week

₽17578
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1680
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽400
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5220
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽9895
-₽17812
-₽10139
-₽30397
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
13 143
pensions
-
-
-
4 779
total
-
-
-
17 922
Employee
88 735
-
62 462
-
pensions
8 561
-
5 407
-
income
15 995
-
11 227
-
health
1 462
-
923
-
total
26 018
-
17 557
-
Employer
88 735
-
62 462
-
health
1 685
-
1 188
-
pensions
10 477
-
6 850
-
total
12 162
-
8 038
-
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
38 180
17 678
25 595
17 922
After tax
32 320
52 822
44 905
52 578
Living cost
62 717
62 717
62 717
62 717
Free-cash
-30 397
-9 895
-17 812
-10 139

Estimated living cost  is ₽62717 per week

₽46995
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7369
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽510
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7844
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽48034
₽40721
₽38972
₽43695
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
70 500
income
-
-
-
10 575
unemployment
-
-
-
130
health
-
-
-
3 751
pensions

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

-
-
-
4 828
total
-
-
-
19 284
Employee
16 213
-
64 100
-
accident

We are using the highest rate at 1.1%.

179
-
359
-
pensions

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

1 423
-
2 864
-
income
1 621
-
6 410
-
health
746
-
1 501
-
total
3 969
-
11 134
-
Employer
16 213
-
64 100
-
health
1 119
-
2 251
-
pensions

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

1 787
-
3 595
-
accident

We are using the highest rate at 1.1%.

179
-
359
-
unemployment
97
-
196
-
total
3 182
-
6 401
-
Corporate
51 106
70 500
-
-
income
5 110
7 050
-
-
total
5 110
7 050
-
-
Dividends
45 996
63 450
-
-
withholding
2 300
3 172
-
-
total
2 300
3 172
-
-
Income
70 500
70 500
70 500
70 500
Total tax
14 561
10 222
17 535
19 284
After tax
55 939
60 278
52 965
51 216
Living cost
12 244
12 244
12 244
12 244
Free-cash
43 695
48 034
40 721
38 972

Estimated living cost  is ₽12244 per week

₽7148
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽874
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽324
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3897
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽29632
-₽34873
-₽11628
-₽31217
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
70 500
income
-
-
-
9 534
health
-
-
-
9 883
pensions
-
-
-
10 939
total
-
-
-
30 356
Employee
86 561
79 730
79 730
-
pensions
10 939
10 939
14 351
-
income

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

13 051
13 051
13 051
-
health
10 799
10 409
12 238
-
total
34 789
34 399
39 640
-
Employer
86 561
79 730
79 730
-
health
6 015
5 542
5 542
-
pensions
6 024
5 549
5 549
-
unemployment
3 117
2 870
2 870
-
total
15 156
13 961
13 961
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
70 500
70 500
70 500
70 500
Total tax
49 945
48 360
53 601
30 356
After tax
20 555
22 140
16 899
40 144
Living cost
51 772
51 772
51 772
51 772
Free-cash
-31 217
-29 632
-34 873
-11 628

Estimated living cost  is ₽51772 per week

₽38191
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4624
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽594
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8365
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽25724
₽12961
₽11522
₽17585
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
70 500
income
-
-
-
6 059
social contributions
-
-
-
20 586
solidarity contribution
-
-
-
-
health
-
-
-
9 518
total
-
-
-
36 163
Employee
33 551
-
52 612
-
solidarity contribution
-
-
-
-
social contributions
2 181
-
3 420
-
income
4 026
-
6 313
-
health
4 529
-
7 103
-
total
10 736
-
16 836
-
Employer
33 551
-
52 612
-
health
3 020
-
4 735
-
social contributions
8 388
-
13 153
-
total
11 408
-
17 888
-
Corporate
25 541
70 500
-
-
income
4 853
13 395
-
-
total
4 853
13 395
-
-
Dividends
20 688
57 105
-
-
withholding
3 103
8 566
-
-
total
3 103
8 566
-
-
Income
70 500
70 500
70 500
70 500
Total tax
30 100
21 961
34 724
36 163
After tax
40 400
48 539
35 776
34 337
Living cost
22 815
22 815
22 815
22 815
Free-cash
17 585
25 724
12 961
11 522

Estimated living cost  is ₽22815 per week

₽15848
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1623
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽449
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4896
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽1783
-₽5243
-₽1565
-₽12477
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
70 500
social contributions
-
-
-
18 132
regional
-
-
-
739
municipal
-
-
-
418
national
-
-
-
13 379
total
-
-
-
32 668
Employee
82 977
-
70 500
-
municipal
439
-
374
-
national
14 378
-
11 554
-
regional
783
-
646
-
social contributions
27 980
-
23 772
-
total
43 580
-
36 346
-
Employer
82 977
-
70 500
-
total
-
-
-
-
Corporate
-
70 500
-
-
municipal
-
2 750
-
-
nationa
-
16 920
-
-
total
-
19 670
-
-
Dividends
-
50 830
-
-
withholding
-
13 216
-
-
total
-
13 216
-
-
Income
70 500
70 500
70 500
70 500
Total tax
43 580
32 886
36 346
32 668
After tax
26 920
37 614
34 154
37 832
Living cost
39 397
39 397
39 397
39 397
Free-cash
-12 477
-1 783
-5 243
-1 565

Estimated living cost  is ₽39397 per week

₽27463
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2583
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽604
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8746
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽23740
₽16264
₽17827
₽20837
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
70 500
income
-
-
-
11 653
other
-
-
-
-
surtax
-
-
-
1 099
unemployment
-
-
-
213
health
-
-
-
5 005
pensions
-
-
-
14 100
total
-
-
-
32 070
Employee
30 875
-
58 241
-
other
-
-
-
-
unemployment
2 149
-
4 054
-
pensions
2 059
-
3 886
-
surtax
101
-
982
-
income
5 175
-
10 967
-
health
788
-
1 485
-
total
10 272
-
21 374
-
Employer
30 875
-
58 241
-
health
1 405
-
2 649
-
pensions
4 116
-
7 764
-
unemployment
978
-
1 846
-
other
-
-
-
-
total
6 499
-
12 259
-
Corporate
33 126
70 500
-
-
income
8 613
18 331
-
-
total
8 613
18 331
-
-
Dividends
24 513
52 169
-
-
withholding
3 676
7 826
-
-
total
3 676
7 826
-
-
Income
70 500
70 500
70 500
70 500
Total tax
29 060
26 157
33 633
32 070
After tax
41 440
44 343
36 867
38 430
Living cost
20 603
20 603
20 603
20 603
Free-cash
20 837
23 740
16 264
17 827

Estimated living cost  is ₽20603 per week

₽12597
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1901
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽475
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5629
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽9975
₽2058
₽9731
₽2596
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
13 143
pensions
-
-
-
4 779
total
-
-
-
17 922
Employee
59 468
-
62 462
-
pensions
5 047
-
5 407
-
income
10 710
-
11 227
-
health
863
-
923
-
total
16 620
-
17 557
-
Employer
59 468
-
62 462
-
health
1 130
-
1 188
-
pensions
6 437
-
6 850
-
total
7 567
-
8 038
-
Corporate
3 465
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.

659
13 395
-
-
total
659
13 395
-
-
Dividends
2 806
57 105
-
-
withholding
211
4 283
-
-
total
211
4 283
-
-
Income
70 500
70 500
70 500
70 500
Total tax
25 057
17 678
25 595
17 922
After tax
45 443
52 822
44 905
52 578
Living cost
42 847
42 847
42 847
42 847
Free-cash
2 596
9 975
2 058
9 731

Estimated living cost  is ₽42847 per week

₽32100
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3211
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽448
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7086
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽41593
-₽18008
-₽14372
-₽24129
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
70 500
other

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

-
-
-
1 411
regional
-
-
-
1 892
health
-
-
-
241
city
-
-
-
741
national
-
-
-
271
pensions
-
-
-
6 487
total
-
-
-
11 043
Employee
86 398
-
63 099
-
unemployment
-
-
-
-
pensions
7 259
-
5 302
-
national
409
-
228
-
regional
2 829
-
1 623
-
city
927
-
677
-
health
195
-
142
-
total
11 619
-
7 972
-
Employer
86 398
-
63 099
-
health
195
-
142
-
pensions
7 259
-
5 302
-
unemployment
-
-
-
-
other

This will depend on a canton and a chosen fund. The rate is between 0.1% and 3.63% for an employee. We use 2% as an average rate.

1 727
-
1 263
-
total
9 181
-
6 707
-
Corporate
-
70 500
-
-
regional
-
14 912
-
-
national
-
5 992
-
-
total
-
20 904
-
-
Dividends
-
49 596
-
-
withholding
-
17 360
-
-
total
-
17 360
-
-
Income
70 500
70 500
70 500
70 500
Total tax
20 800
38 264
14 679
11 043
After tax
49 700
32 236
55 821
59 457
Living cost
73 829
73 829
73 829
73 829
Free-cash
-24 129
-41 593
-18 008
-14 372

Estimated living cost  is ₽73829 per week

₽48010
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6625
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽906
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18287
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽7785
₽9579
₽4933
₽7356
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
70 500
income

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

-
-
-
11 159
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.

-
-
-
613
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.

-
-
-
6 378
trade
-
-
-
4 646
total
-
-
-
22 796
Employee

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

56 111
-
70 500
-
surtax

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

363
-
613
-
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.

6 598
-
11 159
-
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.

6 378
-
6 378
-
total
13 339
-
18 150
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
14 389
70 500
-
-
income
2 158
10 576
-
-
surtax

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

119
581
-
-
chamber of commerce
161
241
-
-
trade
2 468
12 091
-
-
total
4 906
23 489
-
-
Dividends
9 483
47 012
-
-
surtax

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

112
627
-
-
withholding
2 016
11 398
-
-
total
2 128
12 025
-
-
Income
70 500
70 500
70 500
70 500
Total tax
20 373
35 514
18 150
22 796
After tax
50 127
34 986
52 350
47 704
Living cost
42 771
42 771
42 771
42 771
Free-cash
7 356
-7 785
9 579
4 933

Estimated living cost  is ₽42771 per week

₽31238
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3421
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽556
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7557
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽3590
₽10154
₽9926
₽9104
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
70 500
income
-
-
-
3 999
other
-
-
-
2 186
surtax
-
-
-
-
social contributions
-
-
-
2 007
health
-
-
-
609
pensions
-
-
-
19 830
total
-
-
-
28 631
Employee
39 959
-
53 721
-
pensions
4 518
-
6 075
-
surtax
-
-
-
-
social contributions
1 139
-
1 531
-
income
2 358
-
4 022
-
total
8 015
-
11 628
-
Employer
39 959
-
53 721
-
health
2 798
-
3 760
-
pensions
6 564
-
8 825
-
unemployment
1 618
-
2 176
-
social contributions
120
-
161
-
other
1 378
-
1 853
-
total
12 478
-
16 775
-
Corporate
18 062
70 500
-
-
income
5 057
19 739
-
-
surtax
-
-
-
-
total
5 057
19 739
-
-
Dividends
13 006
50 761
-
-
surtax
-
-
-
-
social contributions
2 238
8 731
-
-
withholding
1 665
6 497
-
-
total
3 903
15 228
-
-
Income
70 500
70 500
70 500
70 500
Total tax
29 453
34 967
28 403
28 631
After tax
41 047
35 533
42 097
41 869
Living cost
31 943
31 943
31 943
31 943
Free-cash
9 104
3 590
10 154
9 926

Estimated living cost  is ₽31943 per week

₽20142
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2597
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽544
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8662
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽6755
₽13319
₽13091
₽11943
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
70 500
income
-
-
-
3 999
other
-
-
-
2 186
surtax
-
-
-
-
social contributions
-
-
-
2 007
health
-
-
-
609
pensions
-
-
-
19 830
total
-
-
-
28 631
Employee
35 669
-
53 721
-
pensions
4 034
-
6 075
-
surtax
-
-
-
-
social contributions
1 017
-
1 531
-
income
1 839
-
4 022
-
total
6 890
-
11 628
-
Employer
35 669
-
53 721
-
health
2 496
-
3 760
-
pensions
5 861
-
8 825
-
unemployment
1 444
-
2 176
-
social contributions
106
-
161
-
other
1 231
-
1 853
-
total
11 138
-
16 775
-
Corporate
23 692
70 500
-
-
income
6 634
19 739
-
-
surtax
-
-
-
-
total
6 634
19 739
-
-
Dividends
17 058
50 761
-
-
surtax
-
-
-
-
social contributions
2 934
8 731
-
-
withholding
2 183
6 497
-
-
total
5 117
15 228
-
-
Income
70 500
70 500
70 500
70 500
Total tax
29 779
34 967
28 403
28 631
After tax
40 721
35 533
42 097
41 869
Living cost
28 778
28 778
28 778
28 778
Free-cash
11 943
6 755
13 319
13 091

Estimated living cost  is ₽28778 per week

₽16690
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2923
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.
₽8620
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽23214
₽26785
₽25477
₽23699
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
70 500
income
-
-
-
10 576
social contributions
-
-
-
9 729
health
-
-
-
4 920
total
-
-
-
25 225
Employee
31 656
-
70 500
-
social contributions
4 369
-
9 729
-
income
5 280
-
9 268
-
health
2 209
-
4 920
-
total
11 858
-
23 917
-
Employer
31 656
-
70 500
-
total
-
-
-
-
Corporate
38 844
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%.

1 942
3 526
-
-
total
1 942
3 526
-
-
Dividends
36 902
66 974
-
-
social contributions
5 092
9 242
-
-
withholding
5 535
10 046
-
-
health
2 576
4 674
-
-
total
13 203
23 962
-
-
Income
70 500
70 500
70 500
70 500
Total tax
27 003
27 488
23 917
25 225
After tax
43 497
43 012
46 583
45 275
Living cost
19 798
19 798
19 798
19 798
Free-cash
23 699
23 214
26 785
25 477

Estimated living cost  is ₽19798 per week

₽13249
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1221
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽455
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4871
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽7009
-₽8535
₽4818
₽5563
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
70 500
income
-
-
-
8 157
surtax
-
-
-
184
unemployment
-
-
-
5 726
chamber of commerce
-
-
-
282
health
-
-
-
5 393
pensions
-
-
-
13 042
total
-
-
-
32 784
Employee
46 660
37 207
54 598
-
other
466
372
546
-
unemployment
1 400
1 116
1 637
-
pensions
4 778
3 809
5 592
-
income
5 312
2 744
7 587
-
health
1 805
1 440
2 114
-
total
13 761
9 481
17 476
-
Employer
46 660
37 207
54 598
-
chamber of commerce
186
149
218
-
health
1 763
1 407
2 064
-
pensions
5 856
4 670
6 851
-
accident
606
484
710
-
unemployment
1 400
1 116
1 637
-
surtax
184
184
184
-
payroll
1 400
1 116
1 637
-
other
2 216
1 766
2 594
-
total
13 611
10 892
15 895
-
Corporate
10 229
22 400
51 060
-
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.

2 557
5 601
12 766
-
total
2 557
5 601
12 766
-
Dividends
7 673
16 799
-
-
withholding
2 110
4 619
-
-
total
2 110
4 619
-
-
Income
70 500
70 500
70 500
70 500
Total tax
32 039
30 593
46 137
32 784
After tax
38 461
39 907
24 363
37 716
Living cost
32 898
32 898
32 898
32 898
Free-cash
5 563
7 009
-8 535
4 818

Estimated living cost  is ₽32898 per week

₽21942
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2806
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.
₽7610
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽5581
-₽5187
₽1311
-₽15725
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
3 645
social contributions
-
-
-
9 763
national
-
-
-
21 739
total
-
-
-
35 147
Employee

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

66 785
-
54 604
-
unemployment

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

581
-
475
-
communal

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

3 483
-
2 847
-
pensions

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

5 009
-
4 095
-
national
20 532
-
15 768
-
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.

3 138
-
2 566
-
total
32 743
-
25 751
-
Employer

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

66 785
-
54 604
-
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.

4 107
-
3 358
-
pensions

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

5 918
-
4 839
-
accident

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

868
-
709
-
unemployment

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

974
-
797
-
surtax
7 573
-
6 191
-
total
19 440
-
15 894
-
Corporate
-
70 500
-
-
income
-
14 100
-
-
surtax
-
282
-
-
total
-
14 382
-
-
Dividends
-
56 118
-
-
withholding

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

-
16 495
-
-
total
-
16 495
-
-
Income
70 500
70 500
70 500
70 500
Total tax
52 183
30 877
41 645
35 147
After tax
18 317
39 623
28 855
35 353
Living cost
34 042
34 042
34 042
34 042
Free-cash
-15 725
5 581
-5 187
1 311

Estimated living cost  is ₽34042 per week

₽21928
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2977
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽533
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8606
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽13834
₽4580
₽4076
₽6340
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
70 500
accident
-
-
-
634
income
-
-
-
11 555
other
-
-
-
71
unemployment
-
-
-
494
pensions
-
-
-
19 952
total
-
-
-
32 706
Employee
46 475
-
53 457
-
other
46
-
53
-
unemployment
721
-
829
-
pensions
2 185
-
2 512
-
income
9 806
-
11 769
-
total
12 758
-
15 163
-
Employer
46 475
-
53 457
-
pensions
10 967
-
12 615
-
accident
920
-
1 058
-
unemployment
2 557
-
2 939
-
other
370
-
427
-
total
14 814
-
17 039
-
Corporate
9 211
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.

1 382
10 576
-
-
total
1 382
10 576
-
-
Dividends
7 829
59 924
-
-
withholding
1 488
12 372
-
-
total
1 488
12 372
-
-
Income
70 500
70 500
70 500
70 500
Total tax
30 442
22 948
32 202
32 706
After tax
40 058
47 552
38 298
37 794
Living cost
33 718
33 718
33 718
33 718
Free-cash
6 340
13 834
4 580
4 076

Estimated living cost  is ₽33718 per week

₽24830
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2392
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽485
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6010
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽7008
-₽4550
-₽5825
-₽8652
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
70 500
communal
-
-
-
-
accident
-
-
-
634
income
-
-
-
4 656
surtax
-
-
-
3 731
health
-
-
-
5 287
pensions
-
-
-
11 279
total
-
-
-
25 587
Employee
70 705
-
62 975
-
pensions
5 656
-
5 037
-
surtax
4 334
-
3 859
-
income
6 829
-
5 088
-
health
3 147
-
2 803
-
total
19 966
-
16 787
-
Employer
70 705
-
62 975
-
health
2 156
-
1 921
-
pensions
5 656
-
5 037
-
accident
636
-
567
-
total
8 448
-
7 525
-
Corporate
-
70 500
-
-
communal
-
4 759
-
-
income
-
10 576
-
-
surtax
-
741
-
-
total
-
16 076
-
-
Dividends
-
54 425
-
-
income
-
2 530
-
-
withholding
-
8 164
-
-
total
-
10 694
-
-
Income
70 500
70 500
70 500
70 500
Total tax
28 414
26 770
24 312
25 587
After tax
42 086
43 730
46 188
44 913
Living cost
50 738
50 738
50 738
50 738
Free-cash
-8 652
-7 008
-4 550
-5 825

Estimated living cost  is ₽50738 per week

₽38061
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3074
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽537
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9064
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽23372
₽15896
₽17459
₽20403
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
70 500
income
-
-
-
11 653
other
-
-
-
-
surtax
-
-
-
1 099
unemployment
-
-
-
213
health
-
-
-
5 005
pensions
-
-
-
14 100
total
-
-
-
32 070
Employee
31 442
-
58 241
-
other
-
-
-
-
unemployment
2 188
-
4 054
-
pensions
2 098
-
3 886
-
surtax
112
-
982
-
income
5 271
-
10 967
-
health
803
-
1 485
-
total
10 472
-
21 374
-
Employer
31 442
-
58 241
-
health
1 430
-
2 649
-
pensions
4 192
-
7 764
-
unemployment
998
-
1 846
-
other
-
-
-
-
total
6 620
-
12 259
-
Corporate
32 439
70 500
-
-
income
8 434
18 331
-
-
total
8 434
18 331
-
-
Dividends
24 005
52 169
-
-
withholding
3 600
7 826
-
-
total
3 600
7 826
-
-
Income
70 500
70 500
70 500
70 500
Total tax
29 126
26 157
33 633
32 070
After tax
41 374
44 343
36 867
38 430
Living cost
20 971
20 971
20 971
20 971
Free-cash
20 403
23 372
15 896
17 459

Estimated living cost  is ₽20971 per week

₽12661
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1823
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽487
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6001
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽11905
₽8700
₽12356
₽9833
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
70 500
social contributions
-
-
-
18 132
regional
-
-
-
1 064
municipal
-
-
-
418
national
-
-
-
13 379
total
-
-
-
32 993
Employee
51 791
-
70 500
-
municipal
275
-
374
-
national
8 205
-
11 554
-
regional
697
-
949
-
social contributions
17 464
-
23 772
-
total
26 641
-
36 649
-
Employer
51 791
-
70 500
-
total
-
-
-
-
Corporate
18 709
70 500
-
-
municipal
930
3 505
-
-
nationa
4 490
16 920
-
-
total
5 420
20 425
-
-
Dividends
13 289
50 075
-
-
withholding
3 455
13 019
-
-
total
3 455
13 019
-
-
Income
70 500
70 500
70 500
70 500
Total tax
35 516
33 444
36 649
32 993
After tax
34 984
37 056
33 851
37 507
Living cost
25 151
25 151
25 151
25 151
Free-cash
9 833
11 905
8 700
12 356

Estimated living cost  is ₽25151 per week

₽15641
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2548
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽431
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6531
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽20425
₽7662
₽6223
₽10396
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
70 500
income
-
-
-
6 059
social contributions
-
-
-
20 586
solidarity contribution
-
-
-
-
health
-
-
-
9 518
total
-
-
-
36 163
Employee
41 344
-
52 612
-
solidarity contribution
-
-
-
-
social contributions
2 687
-
3 420
-
income
4 961
-
6 313
-
health
5 581
-
7 103
-
total
13 229
-
16 836
-
Employer
41 344
-
52 612
-
health
3 721
-
4 735
-
social contributions
10 336
-
13 153
-
total
14 057
-
17 888
-
Corporate
15 099
70 500
-
-
income
2 869
13 395
-
-
total
2 869
13 395
-
-
Dividends
12 230
57 105
-
-
withholding
1 835
8 566
-
-
total
1 835
8 566
-
-
Income
70 500
70 500
70 500
70 500
Total tax
31 990
21 961
34 724
36 163
After tax
38 510
48 539
35 776
34 337
Living cost
28 114
28 114
28 114
28 114
Free-cash
10 396
20 425
7 662
6 223

Estimated living cost  is ₽28114 per week

₽20907
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1557
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5163
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽10219
-₽5385
₽8113
₽9755
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
70 500
income
-
-
-
8 157
surtax
-
-
-
-
unemployment
-
-
-
5 726
chamber of commerce
-
-
-
282
health
-
-
-
5 393
pensions
-
-
-
13 042
total
-
-
-
32 600
Employee
40 813
37 207
54 742
-
other
408
372
547
-
unemployment
1 224
1 116
1 642
-
pensions
4 180
3 809
5 606
-
income
3 636
2 744
7 628
-
health
1 579
1 440
2 119
-
total
11 027
9 481
17 542
-
Employer
40 813
37 207
54 742
-
chamber of commerce
163
149
220
-
health
1 543
1 407
2 069
-
pensions
5 122
4 670
6 871
-
accident
530
484
712
-
unemployment
1 224
1 116
1 642
-
surtax
-
-
-
-
payroll
1 224
1 116
1 642
-
other
1 938
1 766
2 601
-
total
11 744
10 708
15 757
-
Corporate
17 942
22 584
51 198
-
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.

4 486
5 647
12 799
-
total
4 486
5 647
12 799
-
Dividends
13 456
16 937
-
-
withholding
3 701
4 658
-
-
total
3 701
4 658
-
-
Income
70 500
70 500
70 500
70 500
Total tax
30 958
30 494
46 098
32 600
After tax
39 542
40 006
24 402
37 900
Living cost
29 787
29 787
29 787
29 787
Free-cash
9 755
10 219
-5 385
8 113

Estimated living cost  is ₽29787 per week

₽17868
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3042
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽532
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8345
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽55251
₽44676
₽58071
₽53053
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
70 500
microenterprise

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

-
-
-
705
total
-
-
-
705
Employee
14 655
-
70 500
-
income
2 931
-
14 100
-
total
2 931
-
14 100
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

55 845
70 500
-
-
total
-
-
-
-
Dividends
55 845
70 500
-
-
withholding
2 792
3 525
-
-
total
2 792
3 525
-
-
Income
70 500
70 500
70 500
70 500
Total tax
5 723
3 525
14 100
705
After tax
64 777
66 975
56 400
69 795
Living cost
11 724
11 724
11 724
11 724
Free-cash
53 053
55 251
44 676
58 071

Estimated living cost  is ₽11724 per week

₽7934
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽492
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.
₽2905
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽23495
₽10414
₽12434
₽15687
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

A sole-trader pays social contribution from 75% of the assessed income made in the last year.

The minimum monthly assessed income used to calculate contributions is 60% of the insured's average monthly wage in the last year.

The maximum assessed income used to calculate contributions is 3.5 times the insured's average monthly wage in the last year.

-
-
-
70 500
income
-
-
-
13 103
unemployment
-
-
-
106
health
-
-
-
6 938
pensions
-
-
-
12 876
total
-
-
-
33 023
Employee

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

41 286
-
61 001
-
unemployment
58
-
85
-
pensions
6 400
-
9 456
-
income
7 120
-
12 063
-
health
2 667
-
3 940
-
total
16 245
-
25 544
-
Employer

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

41 286
-
61 001
-
health
2 750
-
4 063
-
pensions
3 653
-
5 399
-
unemployment
25
-
37
-
total
6 428
-
9 499
-
Corporate
22 786
70 500
-
-
income
4 328
13 395
-
-
total
4 328
13 395
-
-
Dividends
18 457
57 105
-
-
withholding
2 769
8 567
-
-
total
2 769
8 567
-
-
Income
70 500
70 500
70 500
70 500
Total tax
29 770
21 962
35 043
33 023
After tax
40 730
48 538
35 457
37 477
Living cost
25 043
25 043
25 043
25 043
Free-cash
15 687
23 495
10 414
12 434

Estimated living cost  is ₽25043 per week

₽17186
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1605
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽485
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5767
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽3007
₽18455
₽8836
-₽67328
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
57 190
-
-
-
social contributions
4 690
-
668
-
income
12 615
-
-
-
total
17 305
-
668
-
Employer
57 190
-
-
-
social contributions
80 638
-
11 492
-
total
80 638
-
11 492
-
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
97 943
27 608
12 160
21 779
After tax
-27 443
42 892
58 340
48 721
Living cost
39 885
39 885
39 885
39 885
Free-cash
-67 328
3 007
18 455
8 836

Estimated living cost  is ₽39885 per week

₽25879
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3751
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽508
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9747
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽10814
₽7988
₽10739
₽9875
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
70 500
income
-
-
-
5 977
surtax
-
-
-
-
social contributions

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

-
-
-
24 498
total
-
-
-
30 475
Employee
42 941
-
56 969
-
surtax
-
-
-
-
social contributions
4 724
-
6 267
-
income
8 932
-
13 430
-
total
13 656
-
19 697
-
Employer
42 941
-
56 969
-
social contributions
10 198
-
13 529
-
total
10 198
-
13 529
-
Corporate
17 361
70 500
-
-
income
3 646
14 805
-
-
surtax
-
-
-
-
total
3 646
14 805
-
-
Dividends
13 715
55 695
-
-
withholding
3 839
15 595
-
-
total
3 839
15 595
-
-
Income
70 500
70 500
70 500
70 500
Total tax
31 339
30 400
33 226
30 475
After tax
39 161
40 100
37 274
40 025
Living cost
29 286
29 286
29 286
29 286
Free-cash
9 875
10 814
7 988
10 739

Estimated living cost  is ₽29286 per week

₽21912
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1727
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽489
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5158
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽9561
-₽2997
-₽3225
-₽6238
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
70 500
income
-
-
-
3 999
other
-
-
-
2 186
surtax
-
-
-
-
social contributions
-
-
-
2 007
health
-
-
-
609
pensions
-
-
-
19 830
total
-
-
-
28 631
Employee
58 476
-
53 721
-
pensions
6 614
-
6 075
-
surtax
-
-
-
-
social contributions
1 665
-
1 531
-
income
5 102
-
4 022
-
total
13 381
-
11 628
-
Employer
58 476
-
53 721
-
health
4 093
-
3 760
-
pensions
9 608
-
8 825
-
unemployment
2 369
-
2 176
-
social contributions
175
-
161
-
other
2 018
-
1 853
-
total
18 263
-
16 775
-
Corporate
-
70 500
-
-
income
-
19 739
-
-
surtax
-
-
-
-
total
-
19 739
-
-
Dividends
-
50 761
-
-
surtax
-
-
-
-
social contributions
-
8 731
-
-
withholding
-
6 497
-
-
total
-
15 228
-
-
Income
70 500
70 500
70 500
70 500
Total tax
31 644
34 967
28 403
28 631
After tax
38 856
35 533
42 097
41 869
Living cost
45 094
45 094
45 094
45 094
Free-cash
-6 238
-9 561
-2 997
-3 225

Estimated living cost  is ₽45094 per week

₽30519
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3689
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽618
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10267
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽35385
₽28277
₽26301
₽32248
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
624
social contributions
-
-
-
15 510
total
-
-
-
16 134
Employee
30 016
-
61 039
-
income
-
-
728
-
social contributions
1 951
-
3 969
-
total
1 951
-
4 697
-
Employer
30 016
-
61 039
-
social contributions
4 653
-
9 461
-
total
4 653
-
9 461
-
Corporate
35 831
70 500
-
-
income
3 583
7 050
-
-
total
3 583
7 050
-
-
Dividends
32 249
63 450
-
-
total
-
-
-
-
Income
70 500
70 500
70 500
70 500
Total tax
10 187
7 050
14 158
16 134
After tax
60 313
63 450
56 342
54 366
Living cost
28 065
28 065
28 065
28 065
Free-cash
32 248
35 385
28 277
26 301

Estimated living cost  is ₽28065 per week

₽18147
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2116
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽528
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7275
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽132933
-₽132933
-₽290
-₽132933
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
70 500
labour market
-
-
-
5 575
municipal
-
-
-
12 311
national
-
-
-
7 128
pensions
-
-
-
809
total
-
-
-
25 823
Employee
189 796
189 796
189 796
-
municipal
40 416
40 416
40 416
-
labour market
15 162
15 162
15 162
-
pensions
270
270
270
-
national
23 187
23 187
23 187
-
total
79 035
79 035
79 035
-
Employer
189 796
189 796
189 796
-
national
23 227
23 227
23 227
-
labour market
15 184
15 184
15 184
-
pensions
540
540
540
-
municipal
40 480
40 480
40 480
-
total
79 431
79 431
79 431
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
70 500
70 500
70 500
70 500
Total tax
158 466
158 466
158 466
25 823
After tax
-87 966
-87 966
-87 966
44 677
Living cost
44 967
44 967
44 967
44 967
Free-cash
-132 933
-132 933
-132 933
-290

Estimated living cost  is ₽44967 per week

₽30776
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3978
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽692
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9522
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽14823
₽15335
₽28009
₽2561
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
70 500
accident
-
-
-
239
income
-
-
-
15 361
other
-
-
-
351
health
-
-
-
2 066
pensions
-
-
-
3 941
total
-
-
-
21 958
Employee
32 300
-
58 565
-
pensions
3 637
-
6 594
-
income
4 431
-
9 397
-
health
3 699
-
6 705
-
total
11 767
-
22 696
-
Employer
32 300
-
58 565
-
pensions
5 252
-
9 523
-
accident
539
-
978
-
unemployment
791
-
1 435
-
total
6 582
-
11 936
-
Corporate
31 618
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.

28 456
63 450
-
-
total
28 456
63 450
-
-
Dividends
3 162
7 050
-
-
withholding
601
1 340
-
-
total
601
1 340
-
-
Income
70 500
70 500
70 500
70 500
Total tax
47 406
64 790
34 632
21 958
After tax
23 094
5 710
35 868
48 542
Living cost
20 533
20 533
20 533
20 533
Free-cash
2 561
-14 823
15 335
28 009

Estimated living cost  is ₽20533 per week

₽14946
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1171
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽385
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4031
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽12276
₽6186
₽16486
₽8381
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
70 500
health
-
-
-
696
municipal
-
-
-
12 565
national
-
-
-
4 908
total
-
-
-
18 169
Employee
49 121
-
59 308
-
municipal
8 046
-
9 700
-
unemployment
737
-
889
-
pensions
3 315
-
4 002
-
national
811
-
2 163
-
health
367
-
524
-
total
13 276
-
17 278
-
Employer
49 121
-
59 308
-
health
377
-
457
-
pensions
8 522
-
10 290
-
accident
50
-
58
-
unemployment
319
-
386
-
total
9 268
-
11 191
-
Corporate
12 110
70 500
-
-
income
2 422
14 100
-
-
total
2 422
14 100
-
-
Dividends

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

7 266
42 300
-
-
municipal
1 308
7 613
-
-
national
-
666
-
-
total
1 308
8 279
-
-
Income
70 500
70 500
70 500
70 500
Total tax
26 274
22 379
28 469
18 169
After tax
44 226
48 121
42 031
52 331
Living cost
35 845
35 845
35 845
35 845
Free-cash
8 381
12 276
6 186
16 486

Estimated living cost  is ₽35845 per week

₽23414
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3448
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽571
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8414
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽27771
₽29107
₽31053
₽25040
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
5 035
social contributions
-
-
-
10 997
health
-
-
-
1 798
total
-
-
-
17 830
Employee
71 793
71 793
71 793
-
social contributions
2 714
5 958
5 312
-
income
7 817
6 646
6 880
-
health
556
1 221
1 088
-
total
11 087
13 825
13 280
-
Employer
71 793
71 793
71 793
-
health
604
1 329
1 184
-
social contributions
2 714
5 958
5 312
-
total
3 318
7 287
6 496
-
Corporate
34 477
-
-
-
income
4 309
-
-
-
total
4 309
-
-
-
Dividends
30 168
-
-
-
withholding
5 129
-
-
-
total
5 129
-
-
-
Income
70 500
70 500
70 500
70 500
Total tax
23 843
21 112
19 776
17 830
After tax
46 657
49 388
50 724
52 670
Living cost
21 617
21 617
21 617
21 617
Free-cash
25 040
27 771
29 107
31 053

Estimated living cost  is ₽21617 per week

₽12955
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2121
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.
₽6063
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽43557
₽28742
₽39935
₽38808
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

By law (Article 9 §1 (7); Article 10 §1 (7); Article 11 §1 (5)) a social contribution base is set as:

  • up to €9,000.00, 60% of the average monthly wage in Montenegro
  • up to €15,000.00, 100% of the average monthly wage in Montenegro
  • in excess of €15,000, 150% of the average monthly wage in Montenegro
-
-
-
70 500
income
-
-
-
6 396
unemployment
-
-
-
27
health
-
-
-
3 379
pensions
-
-
-
5 939
total
-
-
-
15 741
Employee

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

21 431
-
63 918
-
unemployment
106
-
319
-
pensions
3 214
-
9 587
-
income
1 465
-
5 014
-
health
1 821
-
5 432
-
total
6 606
-
20 352
-
Employer

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

21 431
-
63 918
-
health
921
-
2 748
-
pensions
1 178
-
3 515
-
unemployment
106
-
319
-
total
2 205
-
6 582
-
Corporate
46 864
70 500
-
-
income
4 219
6 345
-
-
total
4 219
6 345
-
-
Dividends
42 645
64 155
-
-
withholding
3 838
5 774
-
-
total
3 838
5 774
-
-
Income
70 500
70 500
70 500
70 500
Total tax
16 868
12 119
26 934
15 741
After tax
53 632
58 381
43 566
54 759
Living cost
14 824
14 824
14 824
14 824
Free-cash
38 808
43 557
28 742
39 935

Estimated living cost  is ₽14824 per week

₽9458
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1068
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽441
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3855
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽21878
₽12624
₽12120
₽16981
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
70 500
accident
-
-
-
634
income
-
-
-
11 555
other
-
-
-
71
unemployment
-
-
-
494
pensions
-
-
-
19 952
total
-
-
-
32 706
Employee
34 523
-
53 457
-
other
34
-
53
-
unemployment
535
-
829
-
pensions
1 623
-
2 512
-
income
6 656
-
11 769
-
total
8 848
-
15 163
-
Employer
34 523
-
53 457
-
pensions
8 147
-
12 615
-
accident
684
-
1 058
-
unemployment
1 899
-
2 939
-
other
276
-
427
-
total
11 006
-
17 039
-
Corporate
24 971
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.

3 746
10 576
-
-
total
3 746
10 576
-
-
Dividends
21 226
59 924
-
-
withholding
4 245
12 372
-
-
total
4 245
12 372
-
-
Income
70 500
70 500
70 500
70 500
Total tax
27 845
22 948
32 202
32 706
After tax
42 655
47 552
38 298
37 794
Living cost
25 674
25 674
25 674
25 674
Free-cash
16 981
21 878
12 624
12 120

Estimated living cost  is ₽25674 per week

₽17330
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2468
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽450
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5427
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽42101
₽42688
₽42824
₽41789
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
70 500
income
-
-
-
23 406
health
-
-
-
1 000
pensions
-
-
-
1 379
total
-
-
-
25 785
Employee
2 880
-
68 948
-
unemployment
29
-
69
-
pensions
259
-
621
-
income
557
-
23 334
-
health
144
-
345
-
total
989
-
24 369
-
Employer
2 880
-
68 948
-
health
274
-
655
-
pensions
317
-
759
-
unemployment
58
-
138
-
total
649
-
1 552
-
Corporate
66 972
70 500
-
-
income
14 734
15 510
-
-
total
14 734
15 510
-
-
Dividends
52 238
54 990
-
-
withholding
10 448
10 998
-
-
total
10 448
10 998
-
-
Income
70 500
70 500
70 500
70 500
Total tax
26 820
26 508
25 921
25 785
After tax
43 680
43 992
44 579
44 715
Living cost
1 891
1 891
1 891
1 891
Free-cash
41 789
42 101
42 688
42 824

Estimated living cost  is ₽1891 per week

₽1124
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽153
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽43
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽571
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽34789
₽20645
₽18384
₽30194
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

-
-
-
70 500
income
-
-
-
9 887
unemployment
-
-
-
1 035
health
-
-
-
7 107
pensions
-
-
-
17 940
total
-
-
-
35 969
Employee

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

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

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

24 348
-
59 796
-
unemployment
183
-
448
-
pensions
3 409
-
8 372
-
income
3 356
-
11 104
-
health
1 254
-
3 080
-
total
8 202
-
23 004
-
Employer

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

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

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

24 348
-
59 796
-
health
1 254
-
3 080
-
pensions
2 922
-
7 176
-
unemployment
183
-
448
-
total
4 359
-
10 704
-
Corporate
41 794
70 500
-
-
income
6 269
10 575
-
-
total
6 269
10 575
-
-
Dividends
35 525
59 925
-
-
withholding
5 329
8 989
-
-
total
5 329
8 989
-
-
Income
70 500
70 500
70 500
70 500
Total tax
24 159
19 564
33 708
35 969
After tax
46 341
50 936
36 792
34 531
Living cost
16 147
16 147
16 147
16 147
Free-cash
30 194
34 789
20 645
18 384

Estimated living cost  is ₽16147 per week

₽10871
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1249
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽467
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3559
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽14929
₽12103
₽14854
₽14592
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
70 500
income
-
-
-
5 977
surtax
-
-
-
-
social contributions

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

-
-
-
24 498
total
-
-
-
30 475
Employee
36 237
-
56 969
-
surtax
-
-
-
-
social contributions
3 987
-
6 267
-
income
7 081
-
13 430
-
total
11 068
-
19 697
-
Employer
36 237
-
56 969
-
social contributions
8 606
-
13 529
-
total
8 606
-
13 529
-
Corporate
25 657
70 500
-
-
income
5 388
14 805
-
-
surtax
-
-
-
-
total
5 388
14 805
-
-
Dividends
20 269
55 695
-
-
withholding
5 675
15 595
-
-
total
5 675
15 595
-
-
Income
70 500
70 500
70 500
70 500
Total tax
30 737
30 400
33 226
30 475
After tax
39 763
40 100
37 274
40 025
Living cost
25 171
25 171
25 171
25 171
Free-cash
14 592
14 929
12 103
14 854

Estimated living cost  is ₽25171 per week

₽17828
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1749
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽446
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5149
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽14739
₽5485
₽4981
₽7596
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
70 500
accident
-
-
-
634
income
-
-
-
11 555
other
-
-
-
71
unemployment
-
-
-
494
pensions
-
-
-
19 952
total
-
-
-
32 706
Employee
45 091
-
53 457
-
other
44
-
53
-
unemployment
698
-
829
-
pensions
2 119
-
2 512
-
income
9 418
-
11 769
-
total
12 279
-
15 163
-
Employer
45 091
-
53 457
-
pensions
10 641
-
12 615
-
accident
893
-
1 058
-
unemployment
2 480
-
2 939
-
other
361
-
427
-
total
14 375
-
17 039
-
Corporate
11 033
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.

1 655
10 576
-
-
total
1 655
10 576
-
-
Dividends
9 378
59 924
-
-
withholding
1 782
12 372
-
-
total
1 782
12 372
-
-
Income
70 500
70 500
70 500
70 500
Total tax
30 091
22 948
32 202
32 706
After tax
40 409
47 552
38 298
37 794
Living cost
32 813
32 813
32 813
32 813
Free-cash
7 596
14 739
5 485
4 981

Estimated living cost  is ₽32813 per week

₽23565
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.
₽462
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6235
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽44214
₽36901
₽35152
₽38521
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
70 500
income
-
-
-
10 575
unemployment
-
-
-
130
health
-
-
-
3 751
pensions

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

-
-
-
4 828
total
-
-
-
19 284
Employee
21 272
-
64 100
-
accident

We are using the highest rate at 1.1%.

234
-
359
-
pensions

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

1 867
-
2 864
-
income
2 128
-
6 410
-
health
979
-
1 501
-
total
5 208
-
11 134
-
Employer
21 272
-
64 100
-
health
1 468
-
2 251
-
pensions

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

2 344
-
3 595
-
accident

We are using the highest rate at 1.1%.

234
-
359
-
unemployment
128
-
196
-
total
4 174
-
6 401
-
Corporate
45 055
70 500
-
-
income
4 505
7 050
-
-
total
4 505
7 050
-
-
Dividends
40 550
63 450
-
-
withholding
2 028
3 172
-
-
total
2 028
3 172
-
-
Income
70 500
70 500
70 500
70 500
Total tax
15 915
10 222
17 535
19 284
After tax
54 585
60 278
52 965
51 216
Living cost
16 064
16 064
16 064
16 064
Free-cash
38 521
44 214
36 901
35 152

Estimated living cost  is ₽16064 per week

₽10625
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽920
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽383
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4137
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽391
₽16304
₽12417
₽12605
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
70 500
income

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

-
-
-
11 159
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.

-
-
-
613
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.

-
-
-
6 378
trade
-
-
-
3 887
total
-
-
-
22 037
Employee

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

46 455
-
70 500
-
surtax

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

211
-
613
-
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.

3 820
-
11 159
-
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.

6 378
-
6 378
-
total
10 409
-
18 150
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
24 045
70 500
-
-
income
3 607
10 576
-
-
surtax

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

198
581
-
-
chamber of commerce
177
245
-
-
trade
3 450
10 117
-
-
total
7 432
21 519
-
-
Dividends
16 612
48 982
-
-
surtax

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

209
654
-
-
withholding
3 799
11 890
-
-
total
4 008
12 544
-
-
Income
70 500
70 500
70 500
70 500
Total tax
21 849
34 063
18 150
22 037
After tax
48 651
36 437
52 350
48 463
Living cost
36 046
36 046
36 046
36 046
Free-cash
12 605
391
16 304
12 417

Estimated living cost  is ₽36046 per week

₽24865
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3878
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽523
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6779
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽3835
-₽1242
-₽1242
-₽2533
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
12 767
social contributions
-
-
-
5 790
total
-
-
-
18 557
Employee
73 032
-
70 500
-
income
13 781
-
12 767
-
social contributions
6 067
-
5 790
-
total
19 848
-
18 557
-
Employer
73 032
-
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
19 848
21 150
18 557
18 557
After tax
50 652
49 350
51 943
51 943
Living cost
53 185
53 185
53 185
53 185
Free-cash
-2 533
-3 835
-1 242
-1 242

Estimated living cost  is ₽53185 per week

₽40462
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4334
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽509
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7881
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽6999
₽17527
₽4374
₽12410
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
26 577
health

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

-
-
-
5 657
total
-
-
-
32 234
Employee
42 830
-
66 205
-
income
4 647
-
10 491
-
social contributions
4 291
-
4 295
-
total
8 938
-
14 786
-
Employer
42 830
-
66 205
-
social contributions
4 291
-
4 295
-
total
4 291
-
4 295
-
Corporate
23 378
70 500
-
-
income
8 182
24 676
-
-
total
8 182
24 676
-
-
Dividends
15 196
45 824
-
-
social contributions
2 787
4 933
-
-
total
2 787
4 933
-
-
Income
70 500
70 500
70 500
70 500
Total tax
24 198
29 609
19 081
32 234
After tax
46 302
40 891
51 419
38 266
Living cost
33 892
33 892
33 892
33 892
Free-cash
12 410
6 999
17 527
4 374

Estimated living cost  is ₽33892 per week

₽22324
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2672
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽519
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8375
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽17989
₽10072
₽17745
₽12696
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
13 143
pensions
-
-
-
4 779
total
-
-
-
17 922
Employee
47 813
-
62 462
-
pensions
3 649
-
5 407
-
income
8 707
-
11 227
-
health
624
-
923
-
total
12 980
-
17 557
-
Employer
47 813
-
62 462
-
health
909
-
1 188
-
pensions
4 831
-
6 850
-
total
5 740
-
8 038
-
Corporate
16 948
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.

3 220
13 395
-
-
total
3 220
13 395
-
-
Dividends
13 728
57 105
-
-
withholding
1 031
4 283
-
-
total
1 031
4 283
-
-
Income
70 500
70 500
70 500
70 500
Total tax
22 971
17 678
25 595
17 922
After tax
47 529
52 822
44 905
52 578
Living cost
34 833
34 833
34 833
34 833
Free-cash
12 696
17 989
10 072
17 745

Estimated living cost  is ₽34833 per week

₽23895
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3203
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽436
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7297
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽16856
₽13302
₽25976
₽2247
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
70 500
accident
-
-
-
239
income
-
-
-
15 361
other
-
-
-
351
health
-
-
-
2 066
pensions
-
-
-
3 941
total
-
-
-
21 958
Employee
35 497
-
58 565
-
pensions
3 997
-
6 594
-
income
4 870
-
9 397
-
health
4 064
-
6 705
-
total
12 931
-
22 696
-
Employer
35 497
-
58 565
-
pensions
5 772
-
9 523
-
accident
593
-
978
-
unemployment
870
-
1 435
-
total
7 235
-
11 936
-
Corporate
27 769
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.

24 993
63 450
-
-
total
24 993
63 450
-
-
Dividends
2 777
7 050
-
-
withholding
528
1 340
-
-
total
528
1 340
-
-
Income
70 500
70 500
70 500
70 500
Total tax
45 687
64 790
34 632
21 958
After tax
24 813
5 710
35 868
48 542
Living cost
22 566
22 566
22 566
22 566
Free-cash
2 247
-16 856
13 302
25 976

Estimated living cost  is ₽22566 per week

₽16561
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1315
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽455
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4235
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47312
₽28297
₽28297
₽42772
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

Sole-trader should pay social contributions from a minimum of 50% of an average salary to a maximum of twelve average salaries. The minimum personal income for the first year should be at least 50% of an average salary.

-
-
-
70 500
income
-
-
-
10 202
unemployment
-
-
-
846
work injury
-
-
-
353
health insurance
-
-
-
5 217
pensions
-
-
-
12 972
total
-
-
-
29 590
Employee

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

20 181
-
70 500
-
health insurance
1 493
-
5 217
-
unemployment
242
-
846
-
work injury
101
-
353
-
pensions
3 713
-
12 972
-
income
2 018
-
10 202
-
total
7 567
-
29 590
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
50 319
70 500
-
-
income

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

-
-
-
-
total
-
-
-
-
Dividends
50 319
70 500
-
-
withholding
7 548
10 575
-
-
total
7 548
10 575
-
-
Income
70 500
70 500
70 500
70 500
Total tax
15 115
10 575
29 590
29 590
After tax
55 385
59 925
40 910
40 910
Living cost
12 613
12 613
12 613
12 613
Free-cash
42 772
47 312
28 297
28 297

Estimated living cost  is ₽12613 per week

₽7814
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽917
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.
₽3489
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽59
-₽3449
₽127
-₽8176
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
70 500
social contributions
-
-
-
18 132
regional
-
-
-
1 197
municipal
-
-
-
471
national
-
-
-
13 379
total
-
-
-
33 179
Employee
78 675
-
70 500
-
municipal
470
-
420
-
national
13 295
-
11 554
-
regional
1 188
-
1 009
-
social contributions
26 529
-
23 772
-
total
41 482
-
36 755
-
Employer
78 675
-
70 500
-
total
-
-
-
-
Corporate
-
70 500
-
-
municipal
-
3 398
-
-
nationa
-
16 920
-
-
total
-
20 318
-
-
Dividends
-
50 181
-
-
withholding
-
13 047
-
-
total
-
13 047
-
-
Income
70 500
70 500
70 500
70 500
Total tax
41 482
33 365
36 755
33 179
After tax
29 018
37 135
33 745
37 321
Living cost
37 194
37 194
37 194
37 194
Free-cash
-8 176
-59
-3 449
127

Estimated living cost  is ₽37194 per week

₽26127
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2558
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.
₽7946
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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