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
₽4953
₽16193
₽18454
₽22116
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
70 500
trade
-
-
-
3 662
income

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

-
-
-
10 104
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.

-
-
-
6 943
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.

-
-
-
555
total
-
-
-
21 264
Employee

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

38 870
-
70 500
-
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

6 943
-
6 943
-
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.

60
-
555
-
income

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

1 086
-
10 104
-
total
8 089
-
17 602
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
31 630
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.

260
582
-
-
income
4 744
10 574
-
-
trade
4 981
11 105
-
-
chamber of commerce
201
256
-
-
total
10 186
22 517
-
-
Dividends
21 443
47 982
-
-
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.

274
638
-
-
withholding
4 976
11 610
-
-
total
5 250
12 248
-
-
Income
70 500
70 500
70 500
70 500
Total tax
23 525
34 765
17 602
21 264
After tax
46 975
35 735
52 898
49 236
Living cost
30 782
30 782
30 782
30 782
Free-cash
16 193
4 953
22 116
18 454

Estimated living cost  is ₽30782 per week

₽19363
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3589
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽575
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7255
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽7283
-₽16198
-₽7740
-₽7187
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
6 961
pensions
-
-
-
8 460
national
-
-
-
10 786
social contributions
-
-
-
758
total
-
-
-
26 965
Employee
79 485
-
60 947
-
municipal
9 818
-
7 234
-
pensions
3 179
-
2 438
-
national
15 213
-
11 209
-
total
28 210
-
20 881
-
Employer
79 485
-
60 947
-
social contributions
854
-
655
-
pensions
6 359
-
4 876
-
total
7 213
-
5 531
-
Corporate
-
70 500
-
-
income

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

-
14 100
-
-
total
-
14 100
-
-
Dividends
-
56 400
-
-
withholding
-
12 408
-
-
total
-
12 408
-
-
Income
70 500
70 500
70 500
70 500
Total tax
35 423
26 508
26 412
26 965
After tax
35 077
43 992
44 088
43 535
Living cost
51 275
51 275
51 275
51 275
Free-cash
-16 198
-7 283
-7 187
-7 740

Estimated living cost  is ₽51275 per week

₽34851
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4766
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽767
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10890
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽35257
₽26921
₽35584
₽18948
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

-
-
-
70 500
microenterprise
-
-
-
10 574
income
-
-
-
-
surtax
-
-
-
-
social contributions

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

-
-
-
3 199
total
-
-
-
13 773
Employee
29 696
-
56 813
-
social contributions

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

3 267
-
6 250
-
surtax
-
-
-
-
income
5 286
-
10 472
-
total
8 553
-
16 722
-
Employer
29 696
-
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.

7 153
-
13 687
-
surtax
-
-
-
-
total
7 153
-
13 687
-
Corporate
33 651
70 500
-
-
income

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

6 731
14 100
-
-
total
6 731
14 100
-
-
Dividends

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

26 921
56 400
-
-
total
-
-
-
-
Income
70 500
70 500
70 500
70 500
Total tax
22 437
14 100
30 409
13 773
After tax
48 063
56 400
40 091
56 727
Living cost
21 142
21 142
21 142
21 142
Free-cash
26 921
35 257
18 948
35 584

Estimated living cost  is ₽21142 per week

₽13488
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2013
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽480
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5161
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽24711
-₽30415
-₽2384
-₽30415
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 001
pensions
-
-
-
11 907
health
-
-
-
10 403
total
-
-
-
30 311
Employee
86 784
86 784
86 784
-
health
13 320
11 330
13 320
-
income

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

14 205
14 205
14 205
-
pensions
15 621
11 907
15 621
-
total
43 146
37 442
43 146
-
Employer
86 784
86 784
86 784
-
unemployment
3 124
3 124
3 124
-
pensions
6 040
6 040
6 040
-
health
6 032
6 032
6 032
-
total
15 196
15 196
15 196
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
70 500
70 500
70 500
70 500
Total tax
58 342
52 638
58 342
30 311
After tax
12 158
17 862
12 158
40 189
Living cost
42 573
42 573
42 573
42 573
Free-cash
-30 415
-24 711
-30 415
-2 384

Estimated living cost  is ₽42573 per week

₽30170
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3838
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽677
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7888
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽664
-₽2825
-₽4014
-₽1509
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
14 933
accident
-
-
-
141
pensions
-
-
-
7 621
other
-
-
-
8 192
unemployment
-
-
-
71
health
-
-
-
4 399
national
-
-
-
-
total
-
-
-
35 357
Employee
55 795
-
53 645
-
municipal
16 638
-
15 997
-
national
-
-
-
-
total
16 638
-
15 997
-
Employer
55 795
-
53 645
-
accident
112
-
107
-
other
6 483
-
6 234
-
unemployment
1 473
-
1 416
-
pensions
6 031
-
5 799
-
health
3 431
-
3 299
-
total
17 530
-
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
34 168
32 007
32 852
35 357
After tax
36 332
38 493
37 648
35 143
Living cost
39 157
39 157
39 157
39 157
Free-cash
-2 825
-664
-1 509
-4 014

Estimated living cost  is ₽39157 per week

₽25951
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3842
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽595
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8768
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽4549
₽9730
₽9151
₽12975
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
70 500
trade
-
-
-
3 824
income

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

-
-
-
10 104
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.

-
-
-
6 943
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.

-
-
-
555
total
-
-
-
21 426
Employee

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

51 537
-
70 500
-
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

6 943
-
6 943
-
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.

243
-
555
-
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.

4 428
-
10 104
-
total
11 614
-
17 602
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
18 963
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.

156
582
-
-
income
2 845
10 574
-
-
trade
3 120
11 596
-
-
chamber of commerce
181
255
-
-
total
6 302
23 007
-
-
Dividends
12 661
47 492
-
-
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.

152
633
-
-
withholding
2 779
11 486
-
-
total
2 931
12 119
-
-
Income
70 500
70 500
70 500
70 500
Total tax
20 847
35 126
17 602
21 426
After tax
49 653
35 374
52 898
49 074
Living cost
39 923
39 923
39 923
39 923
Free-cash
9 730
-4 549
12 975
9 151

Estimated living cost  is ₽39923 per week

₽26701
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4210
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽596
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8416
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽14557
₽14608
₽20539
₽16984
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
70 500
income
-
-
-
4 204
health
-
-
-
1 797
social contributions
-
-
-
10 998
total
-
-
-
16 999
Employee
78 145
78 145
78 145
-
social contributions
3 797
6 486
5 313
-
health
777
1 329
1 088
-
income
8 206
7 234
7 656
-
total
12 780
15 049
14 057
-
Employer
78 145
78 145
78 145
-
social contributions
3 797
6 486
5 313
-
health
847
1 446
1 184
-
total
4 644
7 932
6 497
-
Corporate
20 113
-
-
-
income
2 515
-
-
-
total
2 515
-
-
-
Dividends
17 598
-
-
-
withholding
2 991
-
-
-
total
2 991
-
-
-
Income
70 500
70 500
70 500
70 500
Total tax
22 930
22 981
20 554
16 999
After tax
47 570
47 519
49 946
53 501
Living cost
32 962
32 962
32 962
32 962
Free-cash
14 608
14 557
16 984
20 539

Estimated living cost  is ₽32962 per week

₽22533
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2575
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽553
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7301
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽21420
₽21804
₽30430
₽22460
S + D Salary + Dividends

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

Dividends

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

Salary

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

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

The minimum wage is 138,000 HUF per month.

26 573
10 576
58 996
-
health
1 860
740
4 130
-
income
3 249
1 293
7 212
-
pensions
2 657
1 058
5 900
-
unemployment
399
159
885
-
total
8 165
3 250
18 127
-
Employer

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

The minimum wage is 138,000 HUF per month.

26 573
10 576
58 996
-
pensions
5 182
2 062
11 504
-
total
5 182
2 062
11 504
-
Corporate
38 745
57 862
-
-
income
3 487
5 208
-
-
total
3 487
5 208
-
-
Dividends
35 258
52 654
-
-
social contributions
6 754
10 147
-
-
withholding
6 699
10 004
-
-
total
13 453
20 151
-
-
Income
70 500
70 500
70 500
70 500
Total tax
30 287
30 671
29 631
21 661
After tax
40 213
39 829
40 869
48 839
Living cost
18 409
18 409
18 409
18 409
Free-cash
21 804
21 420
22 460
30 430

Estimated living cost  is ₽18409 per week

₽12562
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1506
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽368
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3972
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽31854
₽25541
₽13394
₽16088
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
9 296
pensions
-
-
-
14 100
health
-
-
-
9 164
total
-
-
-
32 560
Employee
28 830
-
52 690
-
income
3 246
-
10 160
-
pensions
577
-
1 053
-
unemployment
461
-
843
-
total
4 284
-
12 056
-
Employer
28 830
-
52 690
-
unemployment
231
-
422
-
pensions
5 766
-
10 538
-
health
3 747
-
6 850
-
total
9 744
-
17 810
-
Corporate
31 925
70 500
-
-
income
6 385
14 100
-
-
total
6 385
14 100
-
-
Dividends
25 540
56 400
-
-
total
-
-
-
-
Income
70 500
70 500
70 500
70 500
Total tax
20 413
14 100
29 866
32 560
After tax
50 087
56 400
40 634
37 940
Living cost
24 546
24 546
24 546
24 546
Free-cash
25 541
31 854
16 088
13 394

Estimated living cost  is ₽24546 per week

₽16836
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1462
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽494
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5755
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽16486
₽2306
₽26384
₽14002
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
255
income
-
-
-
14 893
pensions
-
-
-
4 198
other
-
-
-
374
health
-
-
-
2 200
total
-
-
-
21 920
Employee
34 915
-
58 565
-
health
3 998
-
6 705
-
income
4 790
-
9 066
-
pensions
3 932
-
6 595
-
total
12 720
-
22 366
-
Employer
34 915
-
58 565
-
accident
583
-
978
-
unemployment
855
-
1 435
-
pensions
5 677
-
9 523
-
total
7 115
-
11 936
-
Corporate
28 469
70 500
-
-
income

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

25 622
63 450
-
-
total
25 622
63 450
-
-
Dividends
2 847
7 050
-
-
withholding
541
1 340
-
-
total
541
1 340
-
-
Income
70 500
70 500
70 500
70 500
Total tax
45 998
64 790
34 302
21 920
After tax
24 502
5 710
36 198
48 580
Living cost
22 196
22 196
22 196
22 196
Free-cash
2 306
-16 486
14 002
26 384

Estimated living cost  is ₽22196 per week

₽16268
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1230
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽463
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4236
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽57713
₽55977
₽60533
₽47138
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
11 577
-
70 500
-
income
2 315
-
14 100
-
total
2 315
-
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%.

58 923
70 500
-
-
total
-
-
-
-
Dividends
58 923
70 500
-
-
withholding
2 946
3 525
-
-
total
2 946
3 525
-
-
Income
70 500
70 500
70 500
70 500
Total tax
5 261
3 525
14 100
705
After tax
65 239
66 975
56 400
69 795
Living cost
9 262
9 262
9 262
9 262
Free-cash
55 977
57 713
47 138
60 533

Estimated living cost  is ₽9262 per week

₽5740
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽770
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽255
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2498
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽24716
₽17854
₽11099
₽14242
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 954
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
other
-
-
-
3 348
health
-
-
-
3 101
total
-
-
-
32 322
Employee
36 899
-
56 308
-
health
517
-
789
-
income
6 353
-
9 693
-
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.

2 582
-
3 942
-
unemployment
368
-
563
-
total
9 820
-
14 987
-
Employer
36 899
-
56 308
-
accident
295
-
451
-
other
1 846
-
2 816
-
unemployment
368
-
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.

6 274
-
9 573
-
health
517
-
789
-
total
9 300
-
14 192
-
Corporate
24 301
70 500
-
-
income
5 103
14 805
-
-
total
5 103
14 805
-
-
Dividends
19 198
55 695
-
-
withholding
1 344
3 900
-
-
total
1 344
3 900
-
-
Income
70 500
70 500
70 500
70 500
Total tax
25 567
18 705
29 179
32 322
After tax
44 933
51 795
41 321
38 178
Living cost
27 079
27 079
27 079
27 079
Free-cash
17 854
24 716
14 242
11 099

Estimated living cost  is ₽27079 per week

₽19133
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1828
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.
₽5681
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽15585
-₽39554
-₽15719
-₽23233
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
13 174
pensions
-
-
-
4 636
total
-
-
-
17 810
Employee
96 788
-
62 600
-
health
1 595
-
894
-
income
17 447
-
11 295
-
pensions
9 337
-
5 235
-
total
28 379
-
17 424
-
Employer
96 788
-
62 600
-
pensions
11 428
-
6 711
-
health
1 838
-
1 189
-
total
13 266
-
7 900
-
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.

-
13 394
-
-
total
-
13 394
-
-
Dividends
-
57 106
-
-
withholding
-
4 282
-
-
total
-
4 282
-
-
Income
70 500
70 500
70 500
70 500
Total tax
41 645
17 676
25 324
17 810
After tax
28 855
52 824
45 176
52 690
Living cost
68 409
68 409
68 409
68 409
Free-cash
-39 554
-15 585
-23 233
-15 719

Estimated living cost  is ₽68409 per week

₽51260
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽8038
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.
₽8556
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽46955
₽42237
₽37126
₽38722
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions

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

-
-
-
5 253
unemployment
-
-
-
142
health
-
-
-
4 082
total
-
-
-
20 052
Employee
17 640
-
63 537
-
health
811
-
1 633
-
accident

We are using the highest rate at 1.1%.

194
-
390
-
income
1 764
-
6 354
-
pensions

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

1 549
-
3 116
-
total
4 318
-
11 493
-
Employer
17 640
-
63 537
-
accident

We are using the highest rate at 1.1%.

194
-
390
-
unemployment
105
-
213
-
pensions

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

1 944
-
3 911
-
health
1 218
-
2 449
-
total
3 461
-
6 963
-
Corporate
49 398
70 500
-
-
income
4 939
7 050
-
-
total
4 939
7 050
-
-
Dividends
44 459
63 450
-
-
withholding
2 223
3 173
-
-
total
2 223
3 173
-
-
Income
70 500
70 500
70 500
70 500
Total tax
14 941
10 223
18 456
20 052
After tax
55 559
60 277
52 044
50 448
Living cost
13 322
13 322
13 322
13 322
Free-cash
42 237
46 955
38 722
37 126

Estimated living cost  is ₽13322 per week

₽7778
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽951
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽353
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4240
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽38491
-₽40215
-₽16164
-₽44195
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 001
pensions
-
-
-
11 907
health
-
-
-
10 403
total
-
-
-
30 311
Employee
94 220
86 784
86 784
-
health
11 754
11 330
13 320
-
income

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

14 205
14 205
14 205
-
pensions
11 907
11 907
15 621
-
total
37 866
37 442
43 146
-
Employer
94 220
86 784
86 784
-
unemployment
3 392
3 124
3 124
-
pensions
6 557
6 040
6 040
-
health
6 547
6 032
6 032
-
total
16 496
15 196
15 196
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
70 500
70 500
70 500
70 500
Total tax
54 362
52 638
58 342
30 311
After tax
16 138
17 862
12 158
40 189
Living cost
56 353
56 353
56 353
56 353
Free-cash
-40 215
-38 491
-44 195
-16 164

Estimated living cost  is ₽56353 per week

₽41570
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽5033
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽646
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9105
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽24250
₽15585
₽10049
₽11487
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
9 517
solidarity contribution
-
-
-
-
social contributions
-
-
-
20 586
total
-
-
-
36 162
Employee
35 720
-
52 612
-
social contributions
2 322
-
3 420
-
health
4 822
-
7 103
-
solidarity contribution
-
-
-
-
income
4 286
-
6 313
-
total
11 430
-
16 836
-
Employer
35 720
-
52 612
-
social contributions
8 930
-
13 153
-
health
3 215
-
4 735
-
total
12 145
-
17 888
-
Corporate
22 635
70 500
-
-
income
4 301
13 395
-
-
total
4 301
13 395
-
-
Dividends
18 335
57 105
-
-
withholding
2 750
8 566
-
-
total
2 750
8 566
-
-
Income
70 500
70 500
70 500
70 500
Total tax
30 626
21 961
34 724
36 162
After tax
39 874
48 539
35 776
34 338
Living cost
24 289
24 289
24 289
24 289
Free-cash
15 585
24 250
11 487
10 049

Estimated living cost  is ₽24289 per week

₽16872
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1728
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.
₽5212
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽5267
-₽19818
-₽4641
-₽8625
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
418
regional
-
-
-
726
national
-
-
-
12 983
social contributions
-
-
-
18 132
total
-
-
-
32 259
Employee
90 319
-
70 500
-
social contributions
30 456
-
23 773
-
regional
852
-
637
-
municipal
478
-
374
-
national
15 650
-
11 459
-
total
47 436
-
36 243
-
Employer
90 319
-
70 500
-
total
-
-
-
-
Corporate
-
70 500
-
-
nationa
-
16 919
-
-
municipal
-
2 750
-
-
total
-
19 669
-
-
Dividends
-
50 831
-
-
withholding
-
13 216
-
-
total
-
13 216
-
-
Income
70 500
70 500
70 500
70 500
Total tax
47 436
32 885
36 243
32 259
After tax
23 064
37 615
34 257
38 241
Living cost
42 882
42 882
42 882
42 882
Free-cash
-19 818
-5 267
-8 625
-4 641

Estimated living cost  is ₽42882 per week

₽29892
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2812
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽658
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9519
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽21918
₽18758
₽16405
₽14856
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
11 365
pensions
-
-
-
14 100
other
-
-
-
-
unemployment
-
-
-
231
health
-
-
-
5 006
surtax
-
-
-
968
total
-
-
-
31 670
Employee
33 607
-
58 238
-
other
-
-
-
-
health
858
-
1 485
-
surtax
110
-
852
-
income
5 633
-
10 686
-
pensions
2 241
-
3 884
-
unemployment
2 339
-
4 054
-
total
11 181
-
20 961
-
Employer
33 607
-
58 238
-
other
-
-
-
-
unemployment
1 065
-
1 846
-
pensions
4 480
-
7 762
-
health
1 529
-
2 650
-
total
7 074
-
12 258
-
Corporate
29 819
70 500
-
-
income
7 753
18 331
-
-
total
7 753
18 331
-
-
Dividends
22 066
52 169
-
-
withholding
3 309
7 826
-
-
total
3 309
7 826
-
-
Income
70 500
70 500
70 500
70 500
Total tax
29 317
26 157
33 219
31 670
After tax
41 183
44 343
37 281
38 830
Living cost
22 425
22 425
22 425
22 425
Free-cash
18 758
21 918
14 856
16 405

Estimated living cost  is ₽22425 per week

₽13712
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2069
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽517
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6127
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽6089
-₽2619
₽5955
-₽1559
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
13 174
pensions
-
-
-
4 636
total
-
-
-
17 810
Employee
64 865
-
62 600
-
health
942
-
894
-
income
11 682
-
11 295
-
pensions
5 506
-
5 235
-
total
18 130
-
17 424
-
Employer
64 865
-
62 600
-
pensions
7 022
-
6 711
-
health
1 232
-
1 189
-
total
8 254
-
7 900
-
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.

-
13 394
-
-
total
-
13 394
-
-
Dividends
-
57 106
-
-
withholding
-
4 282
-
-
total
-
4 282
-
-
Income
70 500
70 500
70 500
70 500
Total tax
26 384
17 676
25 324
17 810
After tax
44 116
52 824
45 176
52 690
Living cost
46 735
46 735
46 735
46 735
Free-cash
-2 619
6 089
-1 559
5 955

Estimated living cost  is ₽46735 per week

₽35014
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3503
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.
₽7729
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

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
-₽45375
-₽28980
-₽18091
-₽21713
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
city
-
-
-
742
pensions
-
-
-
6 487
other

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

-
-
-
1 409
regional
-
-
-
1 830
health
-
-
-
253
national
-
-
-
257
total
-
-
-
10 978
Employee
90 828
-
63 101
-
city
975
-
678
-
regional
2 974
-
1 561
-
health
205
-
142
-
pensions
7 631
-
5 300
-
unemployment
-
-
-
-
national
430
-
215
-
total
12 215
-
7 896
-
Employer
90 828
-
63 101
-
other

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

1 816
-
1 262
-
unemployment
-
-
-
-
pensions
7 631
-
5 300
-
health
205
-
142
-
total
9 652
-
6 704
-
Corporate
-
70 500
-
-
regional
-
14 911
-
-
national
-
5 992
-
-
total
-
20 903
-
-
Dividends
-
49 597
-
-
withholding
-
17 359
-
-
total
-
17 359
-
-
Income
70 500
70 500
70 500
70 500
Total tax
21 867
38 262
14 600
10 978
After tax
48 633
32 238
55 900
59 522
Living cost
77 613
77 613
77 613
77 613
Free-cash
-28 980
-45 375
-21 713
-18 091

Estimated living cost  is ₽77613 per week

₽50471
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6965
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽953
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽19224
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽11544
₽4935
₽2355
₽6343
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
70 500
trade
-
-
-
3 988
income

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

-
-
-
10 104
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.

-
-
-
6 943
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.

-
-
-
555
total
-
-
-
21 590
Employee

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

61 075
-
70 500
-
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

6 943
-
6 943
-
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.

395
-
555
-
income

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

7 182
-
10 104
-
total
14 520
-
17 602
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
9 425
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.

77
582
-
-
income
1 414
10 574
-
-
trade
1 616
12 090
-
-
chamber of commerce
168
253
-
-
total
3 275
23 499
-
-
Dividends
6 150
47 001
-
-
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.

64
625
-
-
withholding
1 151
11 365
-
-
total
1 215
11 990
-
-
Income
70 500
70 500
70 500
70 500
Total tax
19 010
35 489
17 602
21 590
After tax
51 490
35 011
52 898
48 910
Living cost
46 555
46 555
46 555
46 555
Free-cash
4 935
-11 544
6 343
2 355

Estimated living cost  is ₽46555 per week

₽34002
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3724
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽606
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8225
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽761
₽6766
₽7203
₽7543
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 761
pensions
-
-
-
19 960
other
-
-
-
2 185
health
-
-
-
611
surtax
-
-
-
-
social contributions
-
-
-
2 010
total
-
-
-
28 527
Employee
43 494
-
53 722
-
social contributions
1 240
-
1 531
-
surtax
-
-
-
-
income
2 567
-
3 803
-
pensions
4 918
-
6 075
-
total
8 725
-
11 409
-
Employer
43 494
-
53 722
-
other
1 500
-
1 853
-
social contributions
131
-
162
-
unemployment
1 761
-
2 175
-
pensions
7 145
-
8 827
-
health
3 045
-
3 761
-
total
13 582
-
16 778
-
Corporate
13 423
70 500
-
-
surtax
-
-
-
-
income
3 759
19 741
-
-
total
3 759
19 741
-
-
Dividends
9 664
50 759
-
-
surtax
-
-
-
-
social contributions
1 662
8 731
-
-
withholding
1 236
6 497
-
-
total
2 898
15 228
-
-
Income
70 500
70 500
70 500
70 500
Total tax
28 964
34 969
28 187
28 527
After tax
41 536
35 531
42 313
41 973
Living cost
34 770
34 770
34 770
34 770
Free-cash
6 766
761
7 543
7 203

Estimated living cost  is ₽34770 per week

₽21924
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2827
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽592
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9429
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽4206
₽9856
₽10648
₽10988
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 761
pensions
-
-
-
19 960
other
-
-
-
2 185
health
-
-
-
611
surtax
-
-
-
-
social contributions
-
-
-
2 010
total
-
-
-
28 527
Employee
38 825
-
53 722
-
social contributions
1 107
-
1 531
-
surtax
-
-
-
-
income
2 002
-
3 803
-
pensions
4 391
-
6 075
-
total
7 500
-
11 409
-
Employer
38 825
-
53 722
-
other
1 340
-
1 853
-
social contributions
116
-
162
-
unemployment
1 572
-
2 175
-
pensions
6 380
-
8 827
-
health
2 717
-
3 761
-
total
12 125
-
16 778
-
Corporate
19 550
70 500
-
-
surtax
-
-
-
-
income
5 473
19 741
-
-
total
5 473
19 741
-
-
Dividends
14 077
50 759
-
-
surtax
-
-
-
-
social contributions
2 420
8 731
-
-
withholding
1 801
6 497
-
-
total
4 221
15 228
-
-
Income
70 500
70 500
70 500
70 500
Total tax
29 319
34 969
28 187
28 527
After tax
41 181
35 531
42 313
41 973
Living cost
31 325
31 325
31 325
31 325
Free-cash
9 856
4 206
10 988
10 648

Estimated living cost  is ₽31325 per week

₽18167
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3182
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.
₽9382
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽21463
₽21992
₽23725
₽20261
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
10 574
health
-
-
-
4 922
social contributions
-
-
-
9 730
total
-
-
-
25 226
Employee
34 457
-
70 500
-
social contributions
4 756
-
9 730
-
health
2 405
-
4 922
-
income
5 747
-
14 038
-
total
12 908
-
28 690
-
Employer
34 457
-
70 500
-
total
-
-
-
-
Corporate
36 043
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%.

1 801
3 525
-
-
total
1 801
3 525
-
-
Dividends
34 242
66 975
-
-
health
2 389
4 675
-
-
social contributions
4 725
9 242
-
-
withholding
5 136
10 046
-
-
total
12 250
23 963
-
-
Income
70 500
70 500
70 500
70 500
Total tax
26 959
27 488
28 690
25 226
After tax
43 541
43 012
41 810
45 274
Living cost
21 549
21 549
21 549
21 549
Free-cash
21 992
21 463
20 261
23 725

Estimated living cost  is ₽21549 per week

₽14422
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1329
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽496
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5302
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Vilnius model

Close
Vienna , Austria
₽4236
₽2659
₽2273
-₽10661
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
70 500
chamber of commerce
-
-
-
282
income
-
-
-
7 265
pensions
-
-
-
13 043
unemployment
-
-
-
6 233
health
-
-
-
5 394
surtax
-
-
-
201
total
-
-
-
32 418
Employee
50 788
40 499
54 590
-
other
507
405
546
-
health
1 965
1 568
2 112
-
income
5 782
2 987
6 871
-
pensions
5 201
4 146
5 591
-
unemployment
1 524
1 215
1 637
-
total
14 979
10 321
16 757
-
Employer
50 788
40 499
54 590
-
accident
660
526
710
-
other
2 413
1 923
2 594
-
chamber of commerce
202
162
218
-
unemployment
1 524
1 215
1 637
-
surtax
201
201
201
-
pensions
6 374
5 084
6 850
-
payroll
1 524
1 215
1 637
-
health
1 919
1 531
2 064
-
total
14 817
11 857
15 911
-
Corporate
4 897
18 144
50 732
-
income

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

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

1 225
4 536
12 684
-
total
1 225
4 536
12 684
-
Dividends
3 672
13 608
-
-
withholding
1 011
3 741
-
-
total
1 011
3 741
-
-
Income
70 500
70 500
70 500
70 500
Total tax
32 032
30 455
45 352
32 418
After tax
38 468
40 045
25 148
38 082
Living cost
35 809
35 809
35 809
35 809
Free-cash
2 659
4 236
-10 661
2 273

Estimated living cost  is ₽35809 per week

₽23883
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3055
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽588
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8283
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽2598
-₽23355
-₽987
-₽7706
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
national
-
-
-
21 444
communal

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

-
-
-
3 672
social contributions
-
-
-
9 317
total
-
-
-
34 433
Employee

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

72 694
-
54 607
-
communal

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

3 792
-
2 848
-
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.

3 415
-
2 567
-
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.

5 452
-
4 096
-
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.

633
-
474
-
national
22 349
-
15 273
-
total
35 641
-
25 258
-
Employer

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

72 694
-
54 607
-
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.

945
-
710
-
unemployment

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

1 061
-
796
-
surtax
8 243
-
6 191
-
pensions

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

6 441
-
4 839
-
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.

4 470
-
3 358
-
total
21 160
-
15 894
-
Corporate
-
70 500
-
-
surtax
-
282
-
-
income
-
14 100
-
-
total
-
14 382
-
-
Dividends
-
56 119
-
-
withholding

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

-
16 466
-
-
total
-
16 466
-
-
Income
70 500
70 500
70 500
70 500
Total tax
56 801
30 848
41 152
34 433
After tax
13 699
39 652
29 348
36 067
Living cost
37 054
37 054
37 054
37 054
Free-cash
-23 355
2 598
-7 706
-987

Estimated living cost  is ₽37054 per week

₽23868
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3240
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽580
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9367
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Brussels model

Close
Barcelona , Spain
₽10873
₽2607
₽1381
₽1880
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
11 268
pensions
-
-
-
19 951
other
-
-
-
71
unemployment
-
-
-
494
total
-
-
-
32 418
Employee
50 587
-
53 457
-
other
50
-
54
-
income
10 674
-
11 480
-
pensions
2 378
-
2 513
-
unemployment
785
-
829
-
total
13 887
-
14 876
-
Employer
50 587
-
53 457
-
accident
1 001
-
1 059
-
other
403
-
426
-
unemployment
2 783
-
2 941
-
pensions
11 938
-
12 617
-
total
16 125
-
17 043
-
Corporate
3 789
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.

569
10 574
-
-
total
569
10 574
-
-
Dividends
3 220
59 926
-
-
withholding
611
12 352
-
-
total
611
12 352
-
-
Income
70 500
70 500
70 500
70 500
Total tax
31 192
22 926
31 919
32 418
After tax
39 308
47 574
38 581
38 082
Living cost
36 701
36 701
36 701
36 701
Free-cash
2 607
10 873
1 880
1 381

Estimated living cost  is ₽36701 per week

₽27027
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2604
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.
₽6542
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽11331
-₽15655
-₽9722
-₽8384
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
4 060
pensions
-
-
-
11 280
health
-
-
-
5 288
surtax
-
-
-
3 732
communal
-
-
-
-
total
-
-
-
24 994
Employee
76 960
-
62 975
-
health
3 425
-
2 802
-
surtax
4 717
-
3 859
-
income
7 434
-
4 433
-
pensions
6 156
-
5 037
-
total
21 732
-
16 131
-
Employer
76 960
-
62 975
-
accident
692
-
567
-
pensions
6 156
-
5 037
-
health
2 347
-
1 921
-
total
9 195
-
7 525
-
Corporate
-
70 500
-
-
surtax
-
741
-
-
communal
-
4 760
-
-
income
-
10 574
-
-
total
-
16 075
-
-
Dividends
-
54 426
-
-
income
-
2 364
-
-
withholding
-
8 164
-
-
total
-
10 528
-
-
Income
70 500
70 500
70 500
70 500
Total tax
30 927
26 603
23 656
24 994
After tax
39 573
43 897
46 844
45 506
Living cost
55 228
55 228
55 228
55 228
Free-cash
-15 655
-11 331
-8 384
-9 722

Estimated living cost  is ₽55228 per week

₽41429
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3346
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽584
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9866
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽21517
₽18288
₽16004
₽14455
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
11 365
pensions
-
-
-
14 100
other
-
-
-
-
unemployment
-
-
-
231
health
-
-
-
5 006
surtax
-
-
-
968
total
-
-
-
31 670
Employee
34 224
-
58 238
-
other
-
-
-
-
health
874
-
1 485
-
surtax
121
-
852
-
income
5 737
-
10 686
-
pensions
2 283
-
3 884
-
unemployment
2 382
-
4 054
-
total
11 397
-
20 961
-
Employer
34 224
-
58 238
-
other
-
-
-
-
unemployment
1 086
-
1 846
-
pensions
4 563
-
7 762
-
health
1 556
-
2 650
-
total
7 205
-
12 258
-
Corporate
29 071
70 500
-
-
income
7 558
18 331
-
-
total
7 558
18 331
-
-
Dividends
21 513
52 169
-
-
withholding
3 226
7 826
-
-
total
3 226
7 826
-
-
Income
70 500
70 500
70 500
70 500
Total tax
29 386
26 157
33 219
31 670
After tax
41 114
44 343
37 281
38 830
Living cost
22 826
22 826
22 826
22 826
Free-cash
18 288
21 517
14 455
16 004

Estimated living cost  is ₽22826 per week

₽13781
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1984
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽530
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6532
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽9681
₽7424
₽10527
₽6570
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
418
regional
-
-
-
1 064
national
-
-
-
12 983
social contributions
-
-
-
18 132
total
-
-
-
32 597
Employee
56 373
-
70 500
-
social contributions
19 010
-
23 773
-
regional
759
-
948
-
municipal
299
-
374
-
national
8 931
-
11 459
-
total
28 999
-
36 554
-
Employer
56 373
-
70 500
-
total
-
-
-
-
Corporate
14 127
70 500
-
-
nationa
3 390
16 919
-
-
municipal
702
3 504
-
-
total
4 092
20 423
-
-
Dividends
10 034
50 077
-
-
withholding
2 609
13 020
-
-
total
2 609
13 020
-
-
Income
70 500
70 500
70 500
70 500
Total tax
35 700
33 443
36 554
32 597
After tax
34 800
37 057
33 946
37 903
Living cost
27 376
27 376
27 376
27 376
Free-cash
7 424
9 681
6 570
10 527

Estimated living cost  is ₽27376 per week

₽17025
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2773
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽469
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7109
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽18608
₽7932
₽4407
₽5845
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
9 517
solidarity contribution
-
-
-
-
social contributions
-
-
-
20 586
total
-
-
-
36 162
Employee
44 016
-
52 612
-
social contributions
2 861
-
3 420
-
health
5 942
-
7 103
-
solidarity contribution
-
-
-
-
income
5 282
-
6 313
-
total
14 085
-
16 836
-
Employer
44 016
-
52 612
-
social contributions
11 004
-
13 153
-
health
3 961
-
4 735
-
total
14 965
-
17 888
-
Corporate
11 518
70 500
-
-
income
2 188
13 395
-
-
total
2 188
13 395
-
-
Dividends
9 330
57 105
-
-
withholding
1 399
8 566
-
-
total
1 399
8 566
-
-
Income
70 500
70 500
70 500
70 500
Total tax
32 637
21 961
34 724
36 162
After tax
37 863
48 539
35 776
34 338
Living cost
29 931
29 931
29 931
29 931
Free-cash
7 932
18 608
5 845
4 407

Estimated living cost  is ₽29931 per week

₽22259
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1658
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽518
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5497
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽7731
₽7227
₽5861
-₽7231
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
70 500
chamber of commerce
-
-
-
282
income
-
-
-
7 265
pensions
-
-
-
13 043
unemployment
-
-
-
6 233
health
-
-
-
5 394
surtax
-
-
-
-
total
-
-
-
32 217
Employee
44 424
40 499
54 744
-
other
444
405
548
-
health
1 718
1 568
2 119
-
income
3 957
2 987
6 914
-
pensions
4 549
4 146
5 606
-
unemployment
1 333
1 215
1 643
-
total
12 001
10 321
16 830
-
Employer
44 424
40 499
54 744
-
accident
577
526
712
-
other
2 110
1 923
2 600
-
chamber of commerce
177
162
220
-
unemployment
1 333
1 215
1 643
-
surtax
-
-
-
-
pensions
5 575
5 084
6 869
-
payroll
1 333
1 215
1 643
-
health
1 680
1 531
2 069
-
total
12 785
11 656
15 756
-
Corporate
13 292
18 344
50 887
-
income

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

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

3 323
4 586
12 723
-
total
3 323
4 586
12 723
-
Dividends
9 969
13 758
-
-
withholding
2 742
3 784
-
-
total
2 742
3 784
-
-
Income
70 500
70 500
70 500
70 500
Total tax
30 851
30 347
45 309
32 217
After tax
39 649
40 153
25 191
38 283
Living cost
32 422
32 422
32 422
32 422
Free-cash
7 227
7 731
-7 231
5 861

Estimated living cost  is ₽32422 per week

₽19449
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3311
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽579
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9083
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽52542
₽49835
₽55362
₽41967
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
18 042
-
70 500
-
income
3 609
-
14 100
-
total
3 609
-
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%.

52 458
70 500
-
-
total
-
-
-
-
Dividends
52 458
70 500
-
-
withholding
2 623
3 525
-
-
total
2 623
3 525
-
-
Income
70 500
70 500
70 500
70 500
Total tax
6 232
3 525
14 100
705
After tax
64 268
66 975
56 400
69 795
Living cost
14 433
14 433
14 433
14 433
Free-cash
49 835
52 542
41 967
55 362

Estimated living cost  is ₽14433 per week

₽9767
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽606
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽484
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3576
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽21279
₽12780
₽10581
₽8559
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

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

-
-
-
70 500
income
-
-
-
12 743
pensions
-
-
-
12 875
unemployment
-
-
-
106
health
-
-
-
6 937
total
-
-
-
32 661
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.

44 939
-
61 002
-
health
2 902
-
3 942
-
income
7 750
-
11 702
-
pensions
6 966
-
9 456
-
unemployment
64
-
85
-
total
17 682
-
25 185
-
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.

44 939
-
61 002
-
unemployment
27
-
37
-
pensions
3 977
-
5 398
-
health
2 993
-
4 063
-
total
6 997
-
9 498
-
Corporate
18 564
70 500
-
-
income
3 527
13 396
-
-
total
3 527
13 396
-
-
Dividends
15 037
57 104
-
-
withholding
2 256
8 567
-
-
total
2 256
8 567
-
-
Income
70 500
70 500
70 500
70 500
Total tax
30 462
21 963
34 683
32 661
After tax
40 038
48 537
35 817
37 839
Living cost
27 258
27 258
27 258
27 258
Free-cash
12 780
21 279
8 559
10 581

Estimated living cost  is ₽27258 per week

₽18707
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1747
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.
₽6277
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽1011
-₽81212
₽4818
₽13211
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
70 500
income
-
-
-
13 742
social contributions
-
-
-
8 037
total
-
-
-
21 779
Employee
62 951
-
-
-
social contributions
5 162
-
736
-
income
13 886
-
-
-
total
19 048
-
736
-
Employer
62 951
-
-
-
social contributions
88 761
-
12 650
-
total
88 761
-
12 650
-
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
107 809
27 608
13 386
21 779
After tax
-37 309
42 892
57 114
48 721
Living cost
43 903
43 903
43 903
43 903
Free-cash
-81 212
-1 011
13 211
4 818

Estimated living cost  is ₽43903 per week

₽28486
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4129
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽559
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10728
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽8224
₽7201
₽8335
₽5867
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
5 790
surtax
-
-
-
-
social contributions

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

-
-
-
24 498
total
-
-
-
30 288
Employee
46 740
-
56 969
-
social contributions
5 141
-
6 266
-
surtax
-
-
-
-
income
9 722
-
12 959
-
total
14 863
-
19 225
-
Employer
46 740
-
56 969
-
social contributions
11 101
-
13 531
-
total
11 101
-
13 531
-
Corporate
12 659
70 500
-
-
surtax
-
-
-
-
income
2 658
14 805
-
-
total
2 658
14 805
-
-
Dividends
10 002
55 695
-
-
withholding
2 800
15 594
-
-
total
2 800
15 594
-
-
Income
70 500
70 500
70 500
70 500
Total tax
31 422
30 399
32 756
30 288
After tax
39 078
40 101
37 744
40 212
Living cost
31 877
31 877
31 877
31 877
Free-cash
7 201
8 224
5 867
8 335

Estimated living cost  is ₽31877 per week

₽23850
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1880
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.
₽5614
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽13553
-₽13029
-₽7111
-₽6771
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 761
pensions
-
-
-
19 960
other
-
-
-
2 185
health
-
-
-
611
surtax
-
-
-
-
social contributions
-
-
-
2 010
total
-
-
-
28 527
Employee
63 650
-
53 722
-
social contributions
1 813
-
1 531
-
surtax
-
-
-
-
income
5 554
-
3 803
-
pensions
7 199
-
6 075
-
total
14 566
-
11 409
-
Employer
63 650
-
53 722
-
other
2 197
-
1 853
-
social contributions
191
-
162
-
unemployment
2 578
-
2 175
-
pensions
10 458
-
8 827
-
health
4 455
-
3 761
-
total
19 879
-
16 778
-
Corporate
-
70 500
-
-
surtax
-
-
-
-
income
-
19 741
-
-
total
-
19 741
-
-
Dividends
-
50 759
-
-
surtax
-
-
-
-
social contributions
-
8 731
-
-
withholding
-
6 497
-
-
total
-
15 228
-
-
Income
70 500
70 500
70 500
70 500
Total tax
34 445
34 969
28 187
28 527
After tax
36 055
35 531
42 313
41 973
Living cost
49 084
49 084
49 084
49 084
Free-cash
-13 029
-13 553
-6 771
-7 111

Estimated living cost  is ₽49084 per week

₽33219
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4015
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽673
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11176
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽32901
₽29488
₽24005
₽25982
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
436
social contributions
-
-
-
15 511
total
-
-
-
15 947
Employee
32 672
-
61 039
-
income
-
-
540
-
social contributions
2 123
-
3 969
-
total
2 123
-
4 509
-
Employer
32 672
-
61 039
-
social contributions
5 064
-
9 461
-
total
5 064
-
9 461
-
Corporate
32 764
70 500
-
-
income
3 277
7 051
-
-
total
3 277
7 051
-
-
Dividends
29 487
63 449
-
-
total
-
-
-
-
Income
70 500
70 500
70 500
70 500
Total tax
10 464
7 051
13 970
15 947
After tax
60 036
63 449
56 530
54 553
Living cost
30 548
30 548
30 548
30 548
Free-cash
29 488
32 901
25 982
24 005

Estimated living cost  is ₽30548 per week

₽19752
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2303
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽575
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7919
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽150902
-₽150902
-₽3959
-₽150902
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
12 066
pensions
-
-
-
881
national
-
-
-
7 003
labour market
-
-
-
5 570
total
-
-
-
25 520
Employee
206 561
206 561
206 561
-
labour market
16 501
16 501
16 501
-
national
25 235
25 235
25 235
-
municipal
43 986
43 986
43 986
-
pensions
294
294
294
-
total
86 016
86 016
86 016
-
Employer
206 561
206 561
206 561
-
labour market
16 525
16 525
16 525
-
municipal
44 056
44 056
44 056
-
pensions
587
587
587
-
national
25 279
25 279
25 279
-
total
86 447
86 447
86 447
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
70 500
70 500
70 500
70 500
Total tax
172 463
172 463
172 463
25 520
After tax
-101 963
-101 963
-101 963
44 980
Living cost
48 939
48 939
48 939
48 939
Free-cash
-150 902
-150 902
-150 902
-3 959

Estimated living cost  is ₽48939 per week

₽33495
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4329
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽753
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10363
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽16158
₽2357
₽26712
₽14330
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
255
income
-
-
-
14 893
pensions
-
-
-
4 198
other
-
-
-
374
health
-
-
-
2 200
total
-
-
-
21 920
Employee
34 400
-
58 565
-
health
3 939
-
6 705
-
income
4 719
-
9 066
-
pensions
3 874
-
6 595
-
total
12 532
-
22 366
-
Employer
34 400
-
58 565
-
accident
574
-
978
-
unemployment
843
-
1 435
-
pensions
5 593
-
9 523
-
total
7 010
-
11 936
-
Corporate
29 089
70 500
-
-
income

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

26 180
63 450
-
-
total
26 180
63 450
-
-
Dividends
2 909
7 050
-
-
withholding
553
1 340
-
-
total
553
1 340
-
-
Income
70 500
70 500
70 500
70 500
Total tax
46 275
64 790
34 302
21 920
After tax
24 225
5 710
36 198
48 580
Living cost
21 868
21 868
21 868
21 868
Free-cash
2 357
-16 158
14 330
26 712

Estimated living cost  is ₽21868 per week

₽15918
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1247
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽410
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4293
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽9268
₽4806
₽13969
₽3665
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
70 500
municipal
-
-
-
12 570
health
-
-
-
661
national
-
-
-
4 283
total
-
-
-
17 514
Employee
53 468
-
59 307
-
health
399
-
490
-
municipal
8 758
-
9 706
-
pensions
3 608
-
4 004
-
unemployment
802
-
889
-
national
883
-
1 537
-
total
14 450
-
16 626
-
Employer
53 468
-
59 307
-
accident
54
-
60
-
unemployment
347
-
386
-
pensions
9 276
-
10 289
-
health
411
-
457
-
total
10 088
-
11 192
-
Corporate
6 944
70 500
-
-
income
1 389
14 100
-
-
total
1 389
14 100
-
-
Dividends

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

4 167
42 300
-
-
national
-
501
-
-
municipal
750
7 614
-
-
total
750
8 115
-
-
Income
70 500
70 500
70 500
70 500
Total tax
26 677
22 215
27 818
17 514
After tax
43 823
48 285
42 682
52 986
Living cost
39 017
39 017
39 017
39 017
Free-cash
4 806
9 268
3 665
13 969

Estimated living cost  is ₽39017 per week

₽25486
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3753
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽621
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9159
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽23990
₽22723
₽29972
₽26417
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
70 500
income
-
-
-
4 204
health
-
-
-
1 797
social contributions
-
-
-
10 998
total
-
-
-
16 999
Employee
78 145
78 145
78 145
-
social contributions
2 955
6 486
5 313
-
health
606
1 329
1 088
-
income
8 509
7 234
7 656
-
total
12 070
15 049
14 057
-
Employer
78 145
78 145
78 145
-
social contributions
2 955
6 486
5 313
-
health
658
1 446
1 184
-
total
3 613
7 932
6 497
-
Corporate
31 290
-
-
-
income
3 911
-
-
-
total
3 911
-
-
-
Dividends
27 379
-
-
-
withholding
4 654
-
-
-
total
4 654
-
-
-
Income
70 500
70 500
70 500
70 500
Total tax
24 248
22 981
20 554
16 999
After tax
46 252
47 519
49 946
53 501
Living cost
23 529
23 529
23 529
23 529
Free-cash
22 723
23 990
26 417
29 972

Estimated living cost  is ₽23529 per week

₽14102
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2308
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽521
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6599
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽42246
₽37077
₽37916
₽27457
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
6 278
pensions
-
-
-
6 464
unemployment
-
-
-
29
health
-
-
-
3 678
total
-
-
-
16 449
Employee

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

23 327
-
63 916
-
health
1 983
-
5 433
-
income
1 595
-
4 984
-
pensions
3 498
-
9 587
-
unemployment
116
-
320
-
total
7 192
-
20 324
-
Employer

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

23 327
-
63 916
-
unemployment
116
-
320
-
pensions
1 282
-
3 516
-
health
1 003
-
2 748
-
total
2 401
-
6 584
-
Corporate
44 772
70 500
-
-
income
4 029
6 345
-
-
total
4 029
6 345
-
-
Dividends
40 744
64 155
-
-
withholding
3 666
5 774
-
-
total
3 666
5 774
-
-
Income
70 500
70 500
70 500
70 500
Total tax
17 288
12 119
26 908
16 449
After tax
53 212
58 381
43 592
54 051
Living cost
16 135
16 135
16 135
16 135
Free-cash
37 077
42 246
27 457
37 916

Estimated living cost  is ₽16135 per week

₽10295
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1163
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽480
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4197
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽19628
₽14296
₽10136
₽10635
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
11 268
pensions
-
-
-
19 951
other
-
-
-
71
unemployment
-
-
-
494
total
-
-
-
32 418
Employee
37 577
-
53 457
-
other
37
-
54
-
income
7 245
-
11 480
-
pensions
1 767
-
2 513
-
unemployment
582
-
829
-
total
9 631
-
14 876
-
Employer
37 577
-
53 457
-
accident
744
-
1 059
-
other
301
-
426
-
unemployment
2 067
-
2 941
-
pensions
8 867
-
12 617
-
total
11 979
-
17 043
-
Corporate
20 943
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.

3 142
10 574
-
-
total
3 142
10 574
-
-
Dividends
17 801
59 926
-
-
withholding
3 506
12 352
-
-
total
3 506
12 352
-
-
Income
70 500
70 500
70 500
70 500
Total tax
28 258
22 926
31 919
32 418
After tax
42 242
47 574
38 581
38 082
Living cost
27 946
27 946
27 946
27 946
Free-cash
14 296
19 628
10 635
10 136

Estimated living cost  is ₽27946 per week

₽18863
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2686
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽490
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5907
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽41211
₽40755
₽41410
₽41213
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
22 809
pensions
-
-
-
2 029
health
-
-
-
1 471
total
-
-
-
26 309
Employee
4 236
-
68 218
-
health
212
-
507
-
income
820
-
22 702
-
pensions
381
-
913
-
unemployment
42
-
101
-
total
1 455
-
24 223
-
Employer
4 236
-
68 218
-
unemployment
85
-
203
-
pensions
466
-
1 116
-
health
402
-
964
-
total
953
-
2 283
-
Corporate
65 310
70 500
-
-
income
14 368
15 510
-
-
total
14 368
15 510
-
-
Dividends
50 942
54 990
-
-
withholding
10 188
10 998
-
-
total
10 188
10 998
-
-
Income
70 500
70 500
70 500
70 500
Total tax
26 964
26 508
26 506
26 309
After tax
43 536
43 992
43 994
44 191
Living cost
2 781
2 781
2 781
2 781
Free-cash
40 755
41 211
41 213
41 410

Estimated living cost  is ₽2781 per week

₽1653
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽225
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽64
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽839
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽33378
₽28380
₽16984
₽19728
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
9 310
pensions
-
-
-
18 330
unemployment
-
-
-
1 057
health
-
-
-
7 261
total
-
-
-
35 958
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.

26 477
-
59 796
-
health
1 364
-
3 080
-
income
3 650
-
10 610
-
pensions
3 707
-
8 372
-
unemployment
199
-
448
-
total
8 920
-
22 510
-
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.

26 477
-
59 796
-
unemployment
199
-
448
-
pensions
3 177
-
7 176
-
health
1 364
-
3 080
-
total
4 740
-
10 704
-
Corporate
39 284
70 500
-
-
income
5 893
10 575
-
-
total
5 893
10 575
-
-
Dividends
33 391
59 925
-
-
withholding
5 009
8 989
-
-
total
5 009
8 989
-
-
Income
70 500
70 500
70 500
70 500
Total tax
24 562
19 564
33 214
35 958
After tax
45 938
50 936
37 286
34 542
Living cost
17 558
17 558
17 558
17 558
Free-cash
28 380
33 378
19 728
16 984

Estimated living cost  is ₽17558 per week

₽11822
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1358
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.
₽3870
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽12703
₽12336
₽12814
₽10346
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
5 790
surtax
-
-
-
-
social contributions

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

-
-
-
24 498
total
-
-
-
30 288
Employee
39 443
-
56 969
-
social contributions
4 339
-
6 266
-
surtax
-
-
-
-
income
7 707
-
12 959
-
total
12 046
-
19 225
-
Employer
39 443
-
56 969
-
social contributions
9 367
-
13 531
-
total
9 367
-
13 531
-
Corporate
21 690
70 500
-
-
surtax
-
-
-
-
income
4 555
14 805
-
-
total
4 555
14 805
-
-
Dividends
17 135
55 695
-
-
withholding
4 798
15 594
-
-
total
4 798
15 594
-
-
Income
70 500
70 500
70 500
70 500
Total tax
30 766
30 399
32 756
30 288
After tax
39 734
40 101
37 744
40 212
Living cost
27 398
27 398
27 398
27 398
Free-cash
12 336
12 703
10 346
12 814

Estimated living cost  is ₽27398 per week

₽19405
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1903
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.
₽5604
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽11858
₽3973
₽2366
₽2865
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
11 268
pensions
-
-
-
19 951
other
-
-
-
71
unemployment
-
-
-
494
total
-
-
-
32 418
Employee
49 081
-
53 457
-
other
48
-
54
-
income
10 251
-
11 480
-
pensions
2 307
-
2 513
-
unemployment
760
-
829
-
total
13 366
-
14 876
-
Employer
49 081
-
53 457
-
accident
972
-
1 059
-
other
393
-
426
-
unemployment
2 700
-
2 941
-
pensions
11 583
-
12 617
-
total
15 648
-
17 043
-
Corporate
5 771
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.

866
10 574
-
-
total
866
10 574
-
-
Dividends
4 905
59 926
-
-
withholding
931
12 352
-
-
total
931
12 352
-
-
Income
70 500
70 500
70 500
70 500
Total tax
30 811
22 926
31 919
32 418
After tax
39 689
47 574
38 581
38 082
Living cost
35 716
35 716
35 716
35 716
Free-cash
3 973
11 858
2 865
2 366

Estimated living cost  is ₽35716 per week

₽25650
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2777
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽503
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6787
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽42798
₽36606
₽32969
₽34565
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions

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

-
-
-
5 253
unemployment
-
-
-
142
health
-
-
-
4 082
total
-
-
-
20 052
Employee
23 145
-
63 537
-
health
1 065
-
1 633
-
accident

We are using the highest rate at 1.1%.

254
-
390
-
income
2 315
-
6 354
-
pensions

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

2 032
-
3 116
-
total
5 666
-
11 493
-
Employer
23 145
-
63 537
-
accident

We are using the highest rate at 1.1%.

254
-
390
-
unemployment
139
-
213
-
pensions

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

2 551
-
3 911
-
health
1 597
-
2 449
-
total
4 541
-
6 963
-
Corporate
42 814
70 500
-
-
income
4 282
7 050
-
-
total
4 282
7 050
-
-
Dividends
38 532
63 450
-
-
withholding
1 926
3 173
-
-
total
1 926
3 173
-
-
Income
70 500
70 500
70 500
70 500
Total tax
16 415
10 223
18 456
20 052
After tax
54 085
60 277
52 044
50 448
Living cost
17 479
17 479
17 479
17 479
Free-cash
36 606
42 798
34 565
32 969

Estimated living cost  is ₽17479 per week

₽11561
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1001
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽417
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4502
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽2775
₽10522
₽10327
₽13663
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
70 500
trade
-
-
-
3 336
income

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

-
-
-
10 104
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.

-
-
-
6 943
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.

-
-
-
555
total
-
-
-
20 938
Employee

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

50 565
-
70 500
-
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

6 943
-
6 943
-
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.

229
-
555
-
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.

4 158
-
10 104
-
total
11 330
-
17 602
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
19 935
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.

164
582
-
-
income
2 991
10 574
-
-
trade
2 860
10 117
-
-
chamber of commerce
183
258
-
-
total
6 198
21 531
-
-
Dividends
13 736
48 968
-
-
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.

168
652
-
-
withholding
3 047
11 857
-
-
total
3 215
12 509
-
-
Income
70 500
70 500
70 500
70 500
Total tax
20 743
34 040
17 602
20 938
After tax
49 757
36 460
52 898
49 562
Living cost
39 235
39 235
39 235
39 235
Free-cash
10 522
-2 775
13 663
10 327

Estimated living cost  is ₽39235 per week

₽27065
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4222
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽569
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7379
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽8541
-₽8995
-₽4407
-₽4407
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
11 402
social contributions
-
-
-
5 614
total
-
-
-
17 016
Employee
79 494
-
70 500
-
income
15 000
-
11 402
-
social contributions
6 604
-
5 614
-
total
21 604
-
17 016
-
Employer
79 494
-
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
21 604
21 150
17 016
17 016
After tax
48 896
49 350
53 484
53 484
Living cost
57 891
57 891
57 891
57 891
Free-cash
-8 995
-8 541
-4 407
-4 407

Estimated living cost  is ₽57891 per week

₽44042
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4717
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽553
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8578
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽3565
₽9452
-₽2130
₽14401
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We use The Residence Programme or The Global Residence Programme.

-
-
-
70 500
income
-
-
-
28 928
health

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

-
-
-
6 812
total
-
-
-
35 740
Employee
46 620
-
65 825
-
income
5 059
-
9 859
-
social contributions
4 671
-
4 675
-
total
9 730
-
14 534
-
Employer
46 620
-
65 825
-
social contributions
4 671
-
4 675
-
total
4 671
-
4 675
-
Corporate
19 209
70 500
-
-
income
6 723
24 676
-
-
total
6 723
24 676
-
-
Dividends
12 486
45 824
-
-
social contributions
3 034
5 369
-
-
total
3 034
5 369
-
-
Income
70 500
70 500
70 500
70 500
Total tax
24 158
30 045
19 209
35 740
After tax
46 342
40 455
51 291
34 760
Living cost
36 890
36 890
36 890
36 890
Free-cash
9 452
3 565
14 401
-2 130

Estimated living cost  is ₽36890 per week

₽24300
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2908
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽565
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9116
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽14830
₽9057
₽14696
₽7182
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
13 174
pensions
-
-
-
4 636
total
-
-
-
17 810
Employee
52 152
-
62 600
-
health
680
-
894
-
income
9 497
-
11 295
-
pensions
3 980
-
5 235
-
total
14 157
-
17 424
-
Employer
52 152
-
62 600
-
pensions
5 269
-
6 711
-
health
991
-
1 189
-
total
6 260
-
7 900
-
Corporate
12 088
70 500
-
-
income

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

2 298
13 394
-
-
total
2 298
13 394
-
-
Dividends
9 790
57 106
-
-
withholding
734
4 282
-
-
total
734
4 282
-
-
Income
70 500
70 500
70 500
70 500
Total tax
23 449
17 676
25 324
17 810
After tax
47 051
52 824
45 176
52 690
Living cost
37 994
37 994
37 994
37 994
Free-cash
9 057
14 830
7 182
14 696

Estimated living cost  is ₽37994 per week

₽26064
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3494
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.
₽7959
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽18323
₽2024
₽24547
₽12165
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
255
income
-
-
-
14 893
pensions
-
-
-
4 198
other
-
-
-
374
health
-
-
-
2 200
total
-
-
-
21 920
Employee
37 806
-
58 565
-
health
4 329
-
6 705
-
income
5 187
-
9 066
-
pensions
4 257
-
6 595
-
total
13 773
-
22 366
-
Employer
37 806
-
58 565
-
accident
631
-
978
-
unemployment
926
-
1 435
-
pensions
6 147
-
9 523
-
total
7 704
-
11 936
-
Corporate
24 990
70 500
-
-
income

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

22 491
63 450
-
-
total
22 491
63 450
-
-
Dividends
2 499
7 050
-
-
withholding
475
1 340
-
-
total
475
1 340
-
-
Income
70 500
70 500
70 500
70 500
Total tax
44 443
64 790
34 302
21 920
After tax
26 057
5 710
36 198
48 580
Living cost
24 033
24 033
24 033
24 033
Free-cash
2 024
-18 323
12 165
24 547

Estimated living cost  is ₽24033 per week

₽17638
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1400
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽484
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4511
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽46230
₽41300
₽27428
₽27428
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
work injury
-
-
-
353
health insurance
-
-
-
5 217
income
-
-
-
9 989
pensions
-
-
-
12 972
unemployment
-
-
-
846
total
-
-
-
29 377
Employee

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

21 911
-
70 500
-
work injury
110
-
353
-
income
2 191
-
9 989
-
pensions
4 032
-
12 972
-
health insurance
1 621
-
5 217
-
unemployment
263
-
846
-
total
8 217
-
29 377
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
48 589
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
48 589
70 500
-
-
withholding
7 288
10 575
-
-
total
7 288
10 575
-
-
Income
70 500
70 500
70 500
70 500
Total tax
15 505
10 575
29 377
29 377
After tax
54 995
59 925
41 123
41 123
Living cost
13 695
13 695
13 695
13 695
Free-cash
41 300
46 230
27 428
27 428

Estimated living cost  is ₽13695 per week

₽8484
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽995
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽427
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3788
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽3349
-₽15137
-₽2712
-₽6623
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
471
regional
-
-
-
1 141
national
-
-
-
12 983
social contributions
-
-
-
18 132
total
-
-
-
32 727
Employee
85 636
-
70 500
-
social contributions
28 876
-
23 773
-
regional
1 293
-
986
-
municipal
511
-
420
-
national
14 472
-
11 459
-
total
45 152
-
36 638
-
Employer
85 636
-
70 500
-
total
-
-
-
-
Corporate
-
70 500
-
-
nationa
-
16 919
-
-
municipal
-
3 398
-
-
total
-
20 317
-
-
Dividends
-
50 183
-
-
withholding
-
13 047
-
-
total
-
13 047
-
-
Income
70 500
70 500
70 500
70 500
Total tax
45 152
33 364
36 638
32 727
After tax
25 348
37 136
33 862
37 773
Living cost
40 485
40 485
40 485
40 485
Free-cash
-15 137
-3 349
-6 623
-2 712

Estimated living cost  is ₽40485 per week

₽28438
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2785
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽611
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8650
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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