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
₽ 71000
per

Your estimated
City
free-cash

Dresden , Germany
₽5211
₽16451
₽18710
₽22452
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
71 000
trade
-
-
-
3 742
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.

-
-
-
10 267
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.

-
-
-
6 941
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.

-
-
-
565
total
-
-
-
21 515
Employee

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

38 861
-
71 000
-
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.

6 941
-
6 941
-
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
-
565
-
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
-
10 267
-
total
8 087
-
17 773
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
32 139
71 000
-
-
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.

266
586
-
-
income
4 820
10 651
-
-
trade
5 061
11 183
-
-
chamber of commerce
201
256
-
-
total
10 348
22 676
-
-
Dividends
21 790
48 323
-
-
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.

278
644
-
-
withholding
5 061
11 694
-
-
total
5 339
12 338
-
-
Income
71 000
71 000
71 000
71 000
Total tax
23 774
35 014
17 773
21 515
After tax
47 226
35 986
53 227
49 485
Living cost
30 775
30 775
30 775
30 775
Free-cash
16 451
5 211
22 452
18 710

Estimated living cost  is ₽30775 per week

₽19358
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3588
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.
₽7254
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽6964
-₽15686
-₽7447
-₽6890
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
71 000
municipal
-
-
-
7 019
pensions
-
-
-
8 520
national
-
-
-
10 877
social contributions
-
-
-
763
total
-
-
-
27 179
Employee
79 474
-
61 379
-
municipal
9 816
-
7 294
-
pensions
3 179
-
2 455
-
national
15 211
-
11 303
-
total
28 206
-
21 052
-
Employer
79 474
-
61 379
-
social contributions
854
-
660
-
pensions
6 358
-
4 910
-
total
7 212
-
5 570
-
Corporate
-
71 000
-
-
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%.

-
14 200
-
-
total
-
14 200
-
-
Dividends
-
56 800
-
-
withholding
-
12 496
-
-
total
-
12 496
-
-
Income
71 000
71 000
71 000
71 000
Total tax
35 418
26 696
26 622
27 179
After tax
35 582
44 304
44 378
43 821
Living cost
51 268
51 268
51 268
51 268
Free-cash
-15 686
-6 964
-6 890
-7 447

Estimated living cost  is ₽51268 per week

₽34846
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.
₽10889
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽35661
₽27329
₽36012
₽19231
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
71 000
microenterprise
-
-
-
10 651
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
-
-
-
13 850
Employee
29 689
-
57 216
-
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.

3 266
-
6 293
-
surtax
-
-
-
-
income
5 285
-
10 554
-
total
8 551
-
16 847
-
Employer
29 689
-
57 216
-
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.

7 151
-
13 784
-
surtax
-
-
-
-
total
7 151
-
13 784
-
Corporate
34 159
71 000
-
-
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%.

6 831
14 201
-
-
total
6 831
14 201
-
-
Dividends

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

27 328
56 799
-
-
total
-
-
-
-
Income
71 000
71 000
71 000
71 000
Total tax
22 533
14 201
30 631
13 850
After tax
48 467
56 799
40 369
57 150
Living cost
21 138
21 138
21 138
21 138
Free-cash
27 329
35 661
19 231
36 012

Estimated living cost  is ₽21138 per week

₽13485
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.
₽5160
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽24191
-₽29895
-₽2090
-₽29895
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
71 000
income
-
-
-
8 194
pensions
-
-
-
11 904
health
-
-
-
10 429
total
-
-
-
30 527
Employee
86 765
86 765
86 765
-
health
13 318
11 328
13 318
-
income

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

14 202
14 202
14 202
-
pensions
15 618
11 904
15 618
-
total
43 138
37 434
43 138
-
Employer
86 765
86 765
86 765
-
unemployment
3 124
3 124
3 124
-
pensions
6 039
6 039
6 039
-
health
6 031
6 031
6 031
-
total
15 194
15 194
15 194
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
71 000
71 000
71 000
71 000
Total tax
58 332
52 628
58 332
30 527
After tax
12 668
18 372
12 668
40 473
Living cost
42 563
42 563
42 563
42 563
Free-cash
-29 895
-24 191
-29 895
-2 090

Estimated living cost  is ₽42563 per week

₽30164
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3837
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.
₽7886
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽387
-₽2319
-₽3760
-₽1238
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
71 000
municipal
-
-
-
15 039
accident
-
-
-
142
pensions
-
-
-
7 675
other
-
-
-
8 250
unemployment
-
-
-
71
health
-
-
-
4 430
national
-
-
-
-
total
-
-
-
35 607
Employee
55 789
-
54 025
-
municipal
16 636
-
16 110
-
national
-
-
-
-
total
16 636
-
16 110
-
Employer
55 789
-
54 025
-
accident
112
-
108
-
other
6 483
-
6 278
-
unemployment
1 473
-
1 426
-
pensions
6 031
-
5 840
-
health
3 431
-
3 323
-
total
17 530
-
16 975
-
Corporate
-
71 000
-
-
income
-
15 620
-
-
total
-
15 620
-
-
Dividends
-
55 380
-
-
withholding
-
16 614
-
-
total
-
16 614
-
-
Income
71 000
71 000
71 000
71 000
Total tax
34 166
32 234
33 085
35 607
After tax
36 834
38 766
37 915
35 393
Living cost
39 153
39 153
39 153
39 153
Free-cash
-2 319
-387
-1 238
-3 760

Estimated living cost  is ₽39153 per week

₽25949
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.
₽8767
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽4292
₽9985
₽9405
₽13313
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
71 000
trade
-
-
-
3 908
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.

-
-
-
10 267
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.

-
-
-
6 941
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.

-
-
-
565
total
-
-
-
21 681
Employee

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

51 525
-
71 000
-
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.

6 941
-
6 941
-
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
-
565
-
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.

4 427
-
10 267
-
total
11 611
-
17 773
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
19 475
71 000
-
-
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.

160
586
-
-
income
2 921
10 651
-
-
trade
3 205
11 679
-
-
chamber of commerce
181
255
-
-
total
6 467
23 171
-
-
Dividends
13 008
47 830
-
-
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.

158
636
-
-
withholding
2 865
11 571
-
-
total
3 023
12 207
-
-
Income
71 000
71 000
71 000
71 000
Total tax
21 101
35 378
17 773
21 681
After tax
49 899
35 622
53 227
49 319
Living cost
39 914
39 914
39 914
39 914
Free-cash
9 985
-4 292
13 313
9 405

Estimated living cost  is ₽39914 per week

₽26695
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4209
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.
₽8414
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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
₽15071
₽14980
₽20850
₽17415
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
71 000
income
-
-
-
4 309
health
-
-
-
1 811
social contributions
-
-
-
11 075
total
-
-
-
17 195
Employee
78 128
78 128
78 128
-
social contributions
3 796
6 484
5 351
-
health
777
1 328
1 095
-
income
8 204
7 232
7 641
-
total
12 777
15 044
14 087
-
Employer
78 128
78 128
78 128
-
social contributions
3 796
6 484
5 351
-
health
846
1 446
1 192
-
total
4 642
7 930
6 543
-
Corporate
20 624
-
-
-
income
2 578
-
-
-
total
2 578
-
-
-
Dividends
18 046
-
-
-
withholding
3 068
-
-
-
total
3 068
-
-
-
Income
71 000
71 000
71 000
71 000
Total tax
23 065
22 974
20 630
17 195
After tax
47 935
48 026
50 370
53 805
Living cost
32 955
32 955
32 955
32 955
Free-cash
14 980
15 071
17 415
20 850

Estimated living cost  is ₽32955 per week

₽22528
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2574
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.
₽7300
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽21705
₽22086
₽30781
₽22756
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
71 000
income
-
-
-
8 680
pensions
-
-
-
7 100
unemployment
-
-
-
1 065
health
-
-
-
4 970
total
-
-
-
21 815
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.

26 567
10 573
59 414
-
health
1 860
740
4 159
-
income
3 248
1 293
7 263
-
pensions
2 657
1 057
5 941
-
unemployment
399
159
891
-
total
8 164
3 249
18 254
-
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.

26 567
10 573
59 414
-
pensions
5 181
2 062
11 586
-
total
5 181
2 062
11 586
-
Corporate
39 253
58 365
-
-
income
3 533
5 253
-
-
total
3 533
5 253
-
-
Dividends
35 720
53 112
-
-
social contributions
6 845
10 236
-
-
withholding
6 787
10 091
-
-
total
13 632
20 327
-
-
Income
71 000
71 000
71 000
71 000
Total tax
30 510
30 891
29 840
21 815
After tax
40 490
40 109
41 160
49 185
Living cost
18 404
18 404
18 404
18 404
Free-cash
22 086
21 705
22 756
30 781

Estimated living cost  is ₽18404 per week

₽12559
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.
₽3971
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽32258
₽25948
₽13626
₽16385
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
71 000
income
-
-
-
9 402
pensions
-
-
-
14 201
health
-
-
-
9 230
total
-
-
-
32 833
Employee
28 823
-
53 065
-
income
3 245
-
10 231
-
pensions
577
-
1 060
-
unemployment
461
-
848
-
total
4 283
-
12 139
-
Employer
28 823
-
53 065
-
unemployment
231
-
424
-
pensions
5 765
-
10 612
-
health
3 746
-
6 899
-
total
9 742
-
17 935
-
Corporate
32 434
71 000
-
-
income
6 486
14 201
-
-
total
6 486
14 201
-
-
Dividends
25 948
56 799
-
-
total
-
-
-
-
Income
71 000
71 000
71 000
71 000
Total tax
20 511
14 201
30 074
32 833
After tax
50 489
56 799
40 926
38 167
Living cost
24 541
24 541
24 541
24 541
Free-cash
25 948
32 258
16 385
13 626

Estimated living cost  is ₽24541 per week

₽16833
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.
₽5754
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽16442
₽2347
₽26727
₽14224
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
71 000
accident
-
-
-
255
income
-
-
-
15 054
pensions
-
-
-
4 197
other
-
-
-
374
health
-
-
-
2 200
total
-
-
-
22 080
Employee
34 910
-
58 980
-
health
3 997
-
6 753
-
income
4 789
-
9 169
-
pensions
3 931
-
6 641
-
total
12 717
-
22 563
-
Employer
34 910
-
58 980
-
accident
583
-
985
-
unemployment
855
-
1 445
-
pensions
5 677
-
9 590
-
total
7 115
-
12 020
-
Corporate
28 975
71 000
-
-
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.

26 078
63 900
-
-
total
26 078
63 900
-
-
Dividends
2 898
7 100
-
-
withholding
550
1 349
-
-
total
550
1 349
-
-
Income
71 000
71 000
71 000
71 000
Total tax
46 460
65 249
34 583
22 080
After tax
24 540
5 751
36 417
48 920
Living cost
22 193
22 193
22 193
22 193
Free-cash
2 347
-16 442
14 224
26 727

Estimated living cost  is ₽22193 per week

₽16265
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.
₽4235
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Poland permits registration as a sole-trader only for EU nationals or long-term EU resident permit holders. Other nationals should use a business incubator or set up a company and hire themselves as an employee.

Source of data for Gdansk model

Close
Batumi , Georgia
₽58189
₽56453
₽61029
₽47539
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
71 000
microenterprise

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

-
-
-
710
total
-
-
-
710
Employee
11 576
-
71 000
-
income
2 315
-
14 200
-
total
2 315
-
14 200
-
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%.

59 424
71 000
-
-
total
-
-
-
-
Dividends
59 424
71 000
-
-
withholding
2 971
3 550
-
-
total
2 971
3 550
-
-
Income
71 000
71 000
71 000
71 000
Total tax
5 286
3 550
14 200
710
After tax
65 714
67 450
56 800
70 290
Living cost
9 261
9 261
9 261
9 261
Free-cash
56 453
58 189
47 539
61 029

Estimated living cost  is ₽9261 per week

₽5739
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.
₽2497
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽25091
₽18229
₽11374
₽14545
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
71 000
income
-
-
-
9 018
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.

-
-
-
17 039
other
-
-
-
3 372
health
-
-
-
3 124
total
-
-
-
32 553
Employee
36 891
-
56 709
-
health
517
-
794
-
income
6 351
-
9 762
-
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
-
3 968
-
unemployment
368
-
567
-
total
9 818
-
15 091
-
Employer
36 891
-
56 709
-
accident
295
-
453
-
other
1 845
-
2 836
-
unemployment
368
-
567
-
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.

6 272
-
9 641
-
health
517
-
794
-
total
9 297
-
14 291
-
Corporate
24 811
71 000
-
-
income
5 210
14 910
-
-
total
5 210
14 910
-
-
Dividends
19 602
56 090
-
-
withholding
1 373
3 926
-
-
total
1 373
3 926
-
-
Income
71 000
71 000
71 000
71 000
Total tax
25 698
18 836
29 382
32 553
After tax
45 302
52 164
41 618
38 447
Living cost
27 073
27 073
27 073
27 073
Free-cash
18 229
25 091
14 545
11 374

Estimated living cost  is ₽27073 per week

₽19129
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.
₽5680
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽15212
-₽39054
-₽15354
-₽22935
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
71 000
income
-
-
-
13 264
pensions
-
-
-
4 681
total
-
-
-
17 945
Employee
96 788
-
63 032
-
health
1 595
-
903
-
income
17 447
-
11 369
-
pensions
9 337
-
5 287
-
total
28 379
-
17 559
-
Employer
96 788
-
63 032
-
pensions
11 428
-
6 769
-
health
1 838
-
1 198
-
total
13 266
-
7 967
-
Corporate
-
71 000
-
-
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.

-
13 489
-
-
total
-
13 489
-
-
Dividends
-
57 511
-
-
withholding
-
4 314
-
-
total
-
4 314
-
-
Income
71 000
71 000
71 000
71 000
Total tax
41 645
17 803
25 526
17 945
After tax
29 355
53 197
45 474
53 055
Living cost
68 409
68 409
68 409
68 409
Free-cash
-39 054
-15 212
-22 935
-15 354

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
₽47383
₽42663
₽37551
₽39173
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
71 000
income
-
-
-
10 650
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
-
-
-
20 127
Employee
17 641
-
64 037
-
health
811
-
1 633
-
accident

We are using the highest rate at 1.1%.

194
-
390
-
income
1 764
-
6 403
-
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
-
11 542
-
Employer
17 641
-
64 037
-
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
49 898
71 000
-
-
income
4 990
7 100
-
-
total
4 990
7 100
-
-
Dividends
44 908
63 900
-
-
withholding
2 246
3 195
-
-
total
2 246
3 195
-
-
Income
71 000
71 000
71 000
71 000
Total tax
15 015
10 295
18 505
20 127
After tax
55 985
60 705
52 495
50 873
Living cost
13 322
13 322
13 322
13 322
Free-cash
42 663
47 383
39 173
37 551

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
-₽37969
-₽39693
-₽15868
-₽43673
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
71 000
income
-
-
-
8 194
pensions
-
-
-
11 904
health
-
-
-
10 429
total
-
-
-
30 527
Employee
94 199
86 765
86 765
-
health
11 752
11 328
13 318
-
income

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

14 202
14 202
14 202
-
pensions
11 904
11 904
15 618
-
total
37 858
37 434
43 138
-
Employer
94 199
86 765
86 765
-
unemployment
3 392
3 124
3 124
-
pensions
6 556
6 039
6 039
-
health
6 546
6 031
6 031
-
total
16 494
15 194
15 194
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
71 000
71 000
71 000
71 000
Total tax
54 352
52 628
58 332
30 527
After tax
16 648
18 372
12 668
40 473
Living cost
56 341
56 341
56 341
56 341
Free-cash
-39 693
-37 969
-43 673
-15 868

Estimated living cost  is ₽56341 per week

₽41561
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽5032
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.
₽9103
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽24610
₽15949
₽10307
₽11756
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
71 000
income
-
-
-
6 102
health
-
-
-
9 585
solidarity contribution
-
-
-
-
social contributions
-
-
-
20 732
total
-
-
-
36 419
Employee
35 697
-
52 985
-
social contributions
2 320
-
3 444
-
health
4 819
-
7 153
-
solidarity contribution
-
-
-
-
income
4 284
-
6 358
-
total
11 423
-
16 955
-
Employer
35 697
-
52 985
-
social contributions
8 924
-
13 246
-
health
3 213
-
4 769
-
total
12 137
-
18 015
-
Corporate
23 166
71 000
-
-
income
4 402
13 490
-
-
total
4 402
13 490
-
-
Dividends
18 765
57 510
-
-
withholding
2 815
8 626
-
-
total
2 815
8 626
-
-
Income
71 000
71 000
71 000
71 000
Total tax
30 777
22 116
34 970
36 419
After tax
40 223
48 884
36 030
34 581
Living cost
24 274
24 274
24 274
24 274
Free-cash
15 949
24 610
11 756
10 307

Estimated living cost  is ₽24274 per week

₽16861
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1727
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5209
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽4993
-₽19299
-₽4370
-₽8382
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
71 000
municipal
-
-
-
422
regional
-
-
-
732
national
-
-
-
13 082
social contributions
-
-
-
18 261
total
-
-
-
32 497
Employee
90 299
-
71 000
-
social contributions
30 449
-
23 941
-
regional
852
-
643
-
municipal
478
-
376
-
national
15 647
-
11 549
-
total
47 426
-
36 509
-
Employer
90 299
-
71 000
-
total
-
-
-
-
Corporate
-
71 000
-
-
nationa
-
17 041
-
-
municipal
-
2 769
-
-
total
-
19 810
-
-
Dividends
-
51 190
-
-
withholding
-
13 310
-
-
total
-
13 310
-
-
Income
71 000
71 000
71 000
71 000
Total tax
47 426
33 120
36 509
32 497
After tax
23 574
37 880
34 491
38 503
Living cost
42 873
42 873
42 873
42 873
Free-cash
-19 299
-4 993
-8 382
-4 370

Estimated living cost  is ₽42873 per week

₽29886
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2811
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽657
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9517
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽22240
₽19076
₽16649
₽15085
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
71 000
income
-
-
-
11 472
pensions
-
-
-
14 201
other
-
-
-
-
unemployment
-
-
-
231
health
-
-
-
5 040
surtax
-
-
-
987
total
-
-
-
31 931
Employee
33 600
-
58 654
-
other
-
-
-
-
health
858
-
1 496
-
surtax
110
-
870
-
income
5 632
-
10 788
-
pensions
2 240
-
3 912
-
unemployment
2 339
-
4 082
-
total
11 179
-
21 148
-
Employer
33 600
-
58 654
-
other
-
-
-
-
unemployment
1 064
-
1 859
-
pensions
4 479
-
7 819
-
health
1 529
-
2 669
-
total
7 072
-
12 347
-
Corporate
30 328
71 000
-
-
income
7 886
18 460
-
-
total
7 886
18 460
-
-
Dividends
22 442
52 540
-
-
withholding
3 367
7 880
-
-
total
3 367
7 880
-
-
Income
71 000
71 000
71 000
71 000
Total tax
29 504
26 340
33 495
31 931
After tax
41 496
44 660
37 505
39 069
Living cost
22 420
22 420
22 420
22 420
Free-cash
19 076
22 240
15 085
16 649

Estimated living cost  is ₽22420 per week

₽13709
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.
₽6126
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽6462
-₽2119
₽6320
-₽1261
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
71 000
income
-
-
-
13 264
pensions
-
-
-
4 681
total
-
-
-
17 945
Employee
64 865
-
63 032
-
health
942
-
903
-
income
11 682
-
11 369
-
pensions
5 506
-
5 287
-
total
18 130
-
17 559
-
Employer
64 865
-
63 032
-
pensions
7 022
-
6 769
-
health
1 232
-
1 198
-
total
8 254
-
7 967
-
Corporate
-
71 000
-
-
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.

-
13 489
-
-
total
-
13 489
-
-
Dividends
-
57 511
-
-
withholding
-
4 314
-
-
total
-
4 314
-
-
Income
71 000
71 000
71 000
71 000
Total tax
26 384
17 803
25 526
17 945
After tax
44 616
53 197
45 474
53 055
Living cost
46 735
46 735
46 735
46 735
Free-cash
-2 119
6 462
-1 261
6 320

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
-₽45148
-₽28482
-₽17680
-₽21333
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
71 000
city
-
-
-
748
pensions
-
-
-
6 532
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.

-
-
-
1 419
regional
-
-
-
1 852
health
-
-
-
253
national
-
-
-
261
total
-
-
-
11 065
Employee
90 829
-
63 547
-
city
975
-
682
-
regional
2 974
-
1 581
-
health
205
-
144
-
pensions
7 631
-
5 338
-
unemployment
-
-
-
-
national
430
-
219
-
total
12 215
-
7 964
-
Employer
90 829
-
63 547
-
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
-
1 272
-
unemployment
-
-
-
-
pensions
7 631
-
5 338
-
health
205
-
144
-
total
9 652
-
6 754
-
Corporate
-
71 000
-
-
regional
-
15 017
-
-
national
-
6 034
-
-
total
-
21 051
-
-
Dividends
-
49 949
-
-
withholding
-
17 482
-
-
total
-
17 482
-
-
Income
71 000
71 000
71 000
71 000
Total tax
21 867
38 533
14 718
11 065
After tax
49 133
32 467
56 282
59 935
Living cost
77 615
77 615
77 615
77 615
Free-cash
-28 482
-45 148
-21 333
-17 680

Estimated living cost  is ₽77615 per week

₽50472
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.
₽19225
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽11290
₽5189
₽2608
₽6682
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
71 000
trade
-
-
-
4 074
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.

-
-
-
10 267
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.

-
-
-
6 941
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.

-
-
-
565
total
-
-
-
21 847
Employee

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

61 062
-
71 000
-
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.

6 941
-
6 941
-
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
-
565
-
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.

7 180
-
10 267
-
total
14 516
-
17 773
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
9 938
71 000
-
-
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.

83
586
-
-
income
1 490
10 651
-
-
trade
1 704
12 176
-
-
chamber of commerce
168
255
-
-
total
3 445
23 668
-
-
Dividends
6 492
47 332
-
-
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.

67
630
-
-
withholding
1 238
11 447
-
-
total
1 305
12 077
-
-
Income
71 000
71 000
71 000
71 000
Total tax
19 266
35 745
17 773
21 847
After tax
51 734
35 255
53 227
49 153
Living cost
46 545
46 545
46 545
46 545
Free-cash
5 189
-11 290
6 682
2 608

Estimated living cost  is ₽46545 per week

₽33995
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3723
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽605
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8223
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽1021
₽7022
₽7499
₽7834
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
71 000
income
-
-
-
3 808
pensions
-
-
-
20 091
other
-
-
-
2 202
health
-
-
-
615
surtax
-
-
-
-
social contributions
-
-
-
2 023
total
-
-
-
28 739
Employee
43 485
-
54 106
-
social contributions
1 240
-
1 542
-
surtax
-
-
-
-
income
2 566
-
3 850
-
pensions
4 917
-
6 118
-
total
8 723
-
11 510
-
Employer
43 485
-
54 106
-
other
1 500
-
1 866
-
social contributions
131
-
162
-
unemployment
1 760
-
2 190
-
pensions
7 144
-
8 889
-
health
3 045
-
3 787
-
total
13 580
-
16 894
-
Corporate
13 935
71 000
-
-
surtax
-
-
-
-
income
3 903
19 881
-
-
total
3 903
19 881
-
-
Dividends
10 033
51 119
-
-
surtax
-
-
-
-
social contributions
1 726
8 792
-
-
withholding
1 284
6 544
-
-
total
3 010
15 336
-
-
Income
71 000
71 000
71 000
71 000
Total tax
29 216
35 217
28 404
28 739
After tax
41 784
35 783
42 596
42 261
Living cost
34 762
34 762
34 762
34 762
Free-cash
7 022
1 021
7 834
7 499

Estimated living cost  is ₽34762 per week

₽21919
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.
₽9427
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽4465
₽10113
₽10943
₽11278
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
71 000
income
-
-
-
3 808
pensions
-
-
-
20 091
other
-
-
-
2 202
health
-
-
-
615
surtax
-
-
-
-
social contributions
-
-
-
2 023
total
-
-
-
28 739
Employee
38 816
-
54 106
-
social contributions
1 107
-
1 542
-
surtax
-
-
-
-
income
2 001
-
3 850
-
pensions
4 390
-
6 118
-
total
7 498
-
11 510
-
Employer
38 816
-
54 106
-
other
1 340
-
1 866
-
social contributions
116
-
162
-
unemployment
1 571
-
2 190
-
pensions
6 378
-
8 889
-
health
2 717
-
3 787
-
total
12 122
-
16 894
-
Corporate
20 062
71 000
-
-
surtax
-
-
-
-
income
5 617
19 881
-
-
total
5 617
19 881
-
-
Dividends
14 445
51 119
-
-
surtax
-
-
-
-
social contributions
2 483
8 792
-
-
withholding
1 849
6 544
-
-
total
4 332
15 336
-
-
Income
71 000
71 000
71 000
71 000
Total tax
29 569
35 217
28 404
28 739
After tax
41 431
35 783
42 596
42 261
Living cost
31 318
31 318
31 318
31 318
Free-cash
10 113
4 465
11 278
10 943

Estimated living cost  is ₽31318 per week

₽18163
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3181
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.
₽9380
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽21771
₽22299
₽24050
₽20549
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
71 000
income
-
-
-
10 651
health
-
-
-
4 955
social contributions
-
-
-
9 799
total
-
-
-
25 405
Employee
34 450
-
71 000
-
social contributions
4 755
-
9 799
-
health
2 404
-
4 955
-
income
5 746
-
14 152
-
total
12 905
-
28 906
-
Employer
34 450
-
71 000
-
total
-
-
-
-
Corporate
36 550
71 000
-
-
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%.

1 828
3 550
-
-
total
1 828
3 550
-
-
Dividends
34 722
67 450
-
-
health
2 424
4 708
-
-
social contributions
4 791
9 309
-
-
withholding
5 208
10 117
-
-
total
12 423
24 134
-
-
Income
71 000
71 000
71 000
71 000
Total tax
27 156
27 684
28 906
25 405
After tax
43 844
43 316
42 094
45 595
Living cost
21 545
21 545
21 545
21 545
Free-cash
22 299
21 771
20 549
24 050

Estimated living cost  is ₽21545 per week

₽14418
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1328
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.
₽5300
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽4511
₽2943
₽2519
-₽10548
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
71 000
chamber of commerce
-
-
-
283
income
-
-
-
7 398
pensions
-
-
-
13 134
unemployment
-
-
-
6 232
health
-
-
-
5 432
surtax
-
-
-
201
total
-
-
-
32 680
Employee
50 777
40 491
54 977
-
other
507
405
550
-
health
1 965
1 568
2 127
-
income
5 781
2 987
6 986
-
pensions
5 200
4 145
5 630
-
unemployment
1 523
1 215
1 649
-
total
14 976
10 320
16 942
-
Employer
50 777
40 491
54 977
-
accident
659
526
715
-
other
2 412
1 922
2 611
-
chamber of commerce
202
162
220
-
unemployment
1 523
1 215
1 649
-
surtax
201
201
201
-
pensions
6 372
5 083
6 899
-
payroll
1 523
1 215
1 649
-
health
1 918
1 531
2 079
-
total
14 810
11 855
16 023
-
Corporate
5 411
18 655
51 123
-
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.

1 354
4 664
12 782
-
total
1 354
4 664
12 782
-
Dividends
4 058
13 991
-
-
withholding
1 116
3 849
-
-
total
1 116
3 849
-
-
Income
71 000
71 000
71 000
71 000
Total tax
32 256
30 688
45 747
32 680
After tax
38 744
40 312
25 253
38 320
Living cost
35 801
35 801
35 801
35 801
Free-cash
2 943
4 511
-10 548
2 519

Estimated living cost  is ₽35801 per week

₽23878
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3054
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.
₽8281
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽2886
-₽22834
-₽786
-₽7536
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
71 000
national
-
-
-
21 623
communal

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

-
-
-
3 694
social contributions
-
-
-
9 423
total
-
-
-
34 740
Employee

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

72 678
-
54 993
-
communal

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

3 791
-
2 869
-
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
-
2 586
-
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.

5 451
-
4 124
-
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.

632
-
478
-
national
22 344
-
15 426
-
total
35 633
-
25 483
-
Employer

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

72 678
-
54 993
-
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
-
715
-
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.

1 060
-
802
-
surtax
8 241
-
6 236
-
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.

6 440
-
4 872
-
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.

4 469
-
3 382
-
total
21 155
-
16 007
-
Corporate
-
71 000
-
-
surtax
-
283
-
-
income
-
14 201
-
-
total
-
14 484
-
-
Dividends
-
56 516
-
-
withholding

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

-
16 584
-
-
total
-
16 584
-
-
Income
71 000
71 000
71 000
71 000
Total tax
56 788
31 068
41 490
34 740
After tax
14 212
39 932
29 510
36 260
Living cost
37 046
37 046
37 046
37 046
Free-cash
-22 834
2 886
-7 536
-786

Estimated living cost  is ₽37046 per week

₽23862
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3239
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.
₽9365
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽11214
₽2963
₽1635
₽2135
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
71 000
accident
-
-
-
638
income
-
-
-
11 373
pensions
-
-
-
20 093
other
-
-
-
71
unemployment
-
-
-
497
total
-
-
-
32 672
Employee
50 576
-
53 836
-
other
50
-
54
-
income
10 671
-
11 589
-
pensions
2 377
-
2 530
-
unemployment
785
-
835
-
total
13 883
-
15 008
-
Employer
50 576
-
53 836
-
accident
1 001
-
1 066
-
other
403
-
432
-
unemployment
2 782
-
2 962
-
pensions
11 935
-
12 704
-
total
16 121
-
17 164
-
Corporate
4 303
71 000
-
-
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.

646
10 651
-
-
total
646
10 651
-
-
Dividends
3 657
60 349
-
-
withholding
694
12 442
-
-
total
694
12 442
-
-
Income
71 000
71 000
71 000
71 000
Total tax
31 344
23 093
32 172
32 672
After tax
39 656
47 907
38 828
38 328
Living cost
36 693
36 693
36 693
36 693
Free-cash
2 963
11 214
2 135
1 635

Estimated living cost  is ₽36693 per week

₽27021
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2603
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.
₽6540
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽11022
-₽15137
-₽9433
-₽8098
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
71 000
accident
-
-
-
638
income
-
-
-
4 136
pensions
-
-
-
11 360
health
-
-
-
5 325
surtax
-
-
-
3 758
communal
-
-
-
-
total
-
-
-
25 217
Employee
76 944
-
63 422
-
health
3 424
-
2 823
-
surtax
4 716
-
3 887
-
income
7 432
-
4 521
-
pensions
6 155
-
5 073
-
total
21 727
-
16 304
-
Employer
76 944
-
63 422
-
accident
692
-
571
-
pensions
6 155
-
5 073
-
health
2 347
-
1 934
-
total
9 194
-
7 578
-
Corporate
-
71 000
-
-
surtax
-
746
-
-
communal
-
4 793
-
-
income
-
10 651
-
-
total
-
16 190
-
-
Dividends
-
54 810
-
-
income
-
2 394
-
-
withholding
-
8 222
-
-
total
-
10 616
-
-
Income
71 000
71 000
71 000
71 000
Total tax
30 921
26 806
23 882
25 217
After tax
40 079
44 194
47 118
45 783
Living cost
55 216
55 216
55 216
55 216
Free-cash
-15 137
-11 022
-8 098
-9 433

Estimated living cost  is ₽55216 per week

₽41420
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3345
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.
₽9864
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽21839
₽18606
₽16248
₽14684
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
71 000
income
-
-
-
11 472
pensions
-
-
-
14 201
other
-
-
-
-
unemployment
-
-
-
231
health
-
-
-
5 040
surtax
-
-
-
987
total
-
-
-
31 931
Employee
34 217
-
58 654
-
other
-
-
-
-
health
873
-
1 496
-
surtax
121
-
870
-
income
5 736
-
10 788
-
pensions
2 283
-
3 912
-
unemployment
2 381
-
4 082
-
total
11 394
-
21 148
-
Employer
34 217
-
58 654
-
other
-
-
-
-
unemployment
1 086
-
1 859
-
pensions
4 562
-
7 819
-
health
1 556
-
2 669
-
total
7 204
-
12 347
-
Corporate
29 580
71 000
-
-
income
7 691
18 460
-
-
total
7 691
18 460
-
-
Dividends
21 889
52 540
-
-
withholding
3 284
7 880
-
-
total
3 284
7 880
-
-
Income
71 000
71 000
71 000
71 000
Total tax
29 573
26 340
33 495
31 931
After tax
41 427
44 660
37 505
39 069
Living cost
22 821
22 821
22 821
22 821
Free-cash
18 606
21 839
14 684
16 248

Estimated living cost  is ₽22821 per week

₽13778
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.
₽6531
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Athens model

Close
Naples , Italy
₽9950
₽7695
₽10794
₽6809
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
71 000
municipal
-
-
-
422
regional
-
-
-
1 071
national
-
-
-
13 082
social contributions
-
-
-
18 261
total
-
-
-
32 836
Employee
56 361
-
71 000
-
social contributions
19 005
-
23 941
-
regional
759
-
955
-
municipal
299
-
376
-
national
8 929
-
11 549
-
total
28 992
-
36 821
-
Employer
56 361
-
71 000
-
total
-
-
-
-
Corporate
14 639
71 000
-
-
nationa
3 513
17 041
-
-
municipal
727
3 528
-
-
total
4 240
20 569
-
-
Dividends
10 399
50 431
-
-
withholding
2 703
13 111
-
-
total
2 703
13 111
-
-
Income
71 000
71 000
71 000
71 000
Total tax
35 935
33 680
36 821
32 836
After tax
35 065
37 320
34 179
38 164
Living cost
27 370
27 370
27 370
27 370
Free-cash
7 695
9 950
6 809
10 794

Estimated living cost  is ₽27370 per week

₽17021
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.
₽7107
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽18972
₽8301
₽4669
₽6118
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
71 000
income
-
-
-
6 102
health
-
-
-
9 585
solidarity contribution
-
-
-
-
social contributions
-
-
-
20 732
total
-
-
-
36 419
Employee
43 988
-
52 985
-
social contributions
2 859
-
3 444
-
health
5 938
-
7 153
-
solidarity contribution
-
-
-
-
income
5 278
-
6 358
-
total
14 075
-
16 955
-
Employer
43 988
-
52 985
-
social contributions
10 997
-
13 246
-
health
3 959
-
4 769
-
total
14 956
-
18 015
-
Corporate
12 057
71 000
-
-
income
2 291
13 490
-
-
total
2 291
13 490
-
-
Dividends
9 766
57 510
-
-
withholding
1 465
8 626
-
-
total
1 465
8 626
-
-
Income
71 000
71 000
71 000
71 000
Total tax
32 787
22 116
34 970
36 419
After tax
38 213
48 884
36 030
34 581
Living cost
29 912
29 912
29 912
29 912
Free-cash
8 301
18 972
6 118
4 669

Estimated living cost  is ₽29912 per week

₽22244
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1657
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.
₽5493
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽8008
₽7508
₽6106
-₽7113
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
71 000
chamber of commerce
-
-
-
283
income
-
-
-
7 398
pensions
-
-
-
13 134
unemployment
-
-
-
6 232
health
-
-
-
5 432
surtax
-
-
-
-
total
-
-
-
32 479
Employee
44 414
40 491
55 132
-
other
443
405
551
-
health
1 718
1 568
2 134
-
income
3 957
2 987
7 028
-
pensions
4 548
4 145
5 646
-
unemployment
1 332
1 215
1 654
-
total
11 998
10 320
17 013
-
Employer
44 414
40 491
55 132
-
accident
577
526
717
-
other
2 109
1 922
2 618
-
chamber of commerce
177
162
220
-
unemployment
1 332
1 215
1 654
-
surtax
-
-
-
-
pensions
5 574
5 083
6 918
-
payroll
1 332
1 215
1 654
-
health
1 679
1 531
2 084
-
total
12 780
11 654
15 865
-
Corporate
13 805
18 856
51 277
-
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.

3 451
4 714
12 820
-
total
3 451
4 714
12 820
-
Dividends
10 353
14 142
-
-
withholding
2 848
3 889
-
-
total
2 848
3 889
-
-
Income
71 000
71 000
71 000
71 000
Total tax
31 077
30 577
45 698
32 479
After tax
39 923
40 423
25 302
38 521
Living cost
32 415
32 415
32 415
32 415
Free-cash
7 508
8 008
-7 113
6 106

Estimated living cost  is ₽32415 per week

₽19445
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.
₽578
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9081
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽53018
₽50312
₽55858
₽42368
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
71 000
microenterprise

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

-
-
-
710
total
-
-
-
710
Employee
18 040
-
71 000
-
income
3 608
-
14 200
-
total
3 608
-
14 200
-
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%.

52 960
71 000
-
-
total
-
-
-
-
Dividends
52 960
71 000
-
-
withholding
2 648
3 550
-
-
total
2 648
3 550
-
-
Income
71 000
71 000
71 000
71 000
Total tax
6 256
3 550
14 200
710
After tax
64 744
67 450
56 800
70 290
Living cost
14 432
14 432
14 432
14 432
Free-cash
50 312
53 018
42 368
55 858

Estimated living cost  is ₽14432 per week

₽9766
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.
₽3575
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽21633
₽13132
₽10823
₽8788
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
71 000
income
-
-
-
12 866
pensions
-
-
-
12 967
unemployment
-
-
-
106
health
-
-
-
6 986
total
-
-
-
32 925
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.

44 929
-
61 435
-
health
2 902
-
3 968
-
income
7 748
-
11 817
-
pensions
6 964
-
9 523
-
unemployment
64
-
87
-
total
17 678
-
25 395
-
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.

44 929
-
61 435
-
unemployment
27
-
37
-
pensions
3 976
-
5 437
-
health
2 992
-
4 091
-
total
6 995
-
9 565
-
Corporate
19 075
71 000
-
-
income
3 625
13 489
-
-
total
3 625
13 489
-
-
Dividends
15 450
57 511
-
-
withholding
2 318
8 626
-
-
total
2 318
8 626
-
-
Income
71 000
71 000
71 000
71 000
Total tax
30 616
22 115
34 960
32 925
After tax
40 384
48 885
36 040
38 075
Living cost
27 252
27 252
27 252
27 252
Free-cash
13 132
21 633
8 788
10 823

Estimated living cost  is ₽27252 per week

₽18703
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.
₽6276
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽704
-₽80702
₽5167
₽13715
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
71 000
income
-
-
-
13 839
social contributions
-
-
-
8 094
total
-
-
-
21 933
Employee
62 947
-
-
-
social contributions
5 162
-
736
-
income
13 885
-
-
-
total
19 047
-
736
-
Employer
62 947
-
-
-
social contributions
88 755
-
12 649
-
total
88 755
-
12 649
-
Corporate
-
71 000
-
-
income
-
15 620
-
-
total
-
15 620
-
-
Dividends
-
55 380
-
-
income
-
12 184
-
-
total
-
12 184
-
-
Income
71 000
71 000
71 000
71 000
Total tax
107 802
27 804
13 385
21 933
After tax
-36 802
43 196
57 615
49 067
Living cost
43 900
43 900
43 900
43 900
Free-cash
-80 702
-704
13 715
5 167

Estimated living cost  is ₽43900 per week

₽28484
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
₽8515
₽7492
₽8609
₽6100
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
71 000
income
-
-
-
5 849
surtax
-
-
-
-
social contributions

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

-
-
-
24 672
total
-
-
-
30 521
Employee
46 730
-
57 374
-
social contributions
5 140
-
6 311
-
surtax
-
-
-
-
income
9 720
-
13 093
-
total
14 860
-
19 404
-
Employer
46 730
-
57 374
-
social contributions
11 098
-
13 626
-
total
11 098
-
13 626
-
Corporate
13 172
71 000
-
-
surtax
-
-
-
-
income
2 767
14 910
-
-
total
2 767
14 910
-
-
Dividends
10 405
56 090
-
-
withholding
2 913
15 705
-
-
total
2 913
15 705
-
-
Income
71 000
71 000
71 000
71 000
Total tax
31 638
30 615
33 030
30 521
After tax
39 362
40 385
37 970
40 479
Living cost
31 870
31 870
31 870
31 870
Free-cash
7 492
8 515
6 100
8 609

Estimated living cost  is ₽31870 per week

₽23845
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.
₽5613
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽13290
-₽12510
-₽6812
-₽6477
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
71 000
income
-
-
-
3 808
pensions
-
-
-
20 091
other
-
-
-
2 202
health
-
-
-
615
surtax
-
-
-
-
social contributions
-
-
-
2 023
total
-
-
-
28 739
Employee
63 636
-
54 106
-
social contributions
1 812
-
1 542
-
surtax
-
-
-
-
income
5 552
-
3 850
-
pensions
7 198
-
6 118
-
total
14 562
-
11 510
-
Employer
63 636
-
54 106
-
other
2 196
-
1 866
-
social contributions
191
-
162
-
unemployment
2 578
-
2 190
-
pensions
10 456
-
8 889
-
health
4 454
-
3 787
-
total
19 875
-
16 894
-
Corporate
-
71 000
-
-
surtax
-
-
-
-
income
-
19 881
-
-
total
-
19 881
-
-
Dividends
-
51 119
-
-
surtax
-
-
-
-
social contributions
-
8 792
-
-
withholding
-
6 544
-
-
total
-
15 336
-
-
Income
71 000
71 000
71 000
71 000
Total tax
34 437
35 217
28 404
28 739
After tax
36 563
35 783
42 596
42 261
Living cost
49 073
49 073
49 073
49 073
Free-cash
-12 510
-13 290
-6 477
-6 812

Estimated living cost  is ₽49073 per week

₽33212
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4014
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.
₽11173
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽33359
₽29944
₽24383
₽26375
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
71 000
income
-
-
-
455
social contributions
-
-
-
15 620
total
-
-
-
16 075
Employee
32 665
-
61 471
-
income
-
-
559
-
social contributions
2 123
-
3 995
-
total
2 123
-
4 554
-
Employer
32 665
-
61 471
-
social contributions
5 063
-
9 529
-
total
5 063
-
9 529
-
Corporate
33 272
71 000
-
-
income
3 328
7 099
-
-
total
3 328
7 099
-
-
Dividends
29 944
63 901
-
-
total
-
-
-
-
Income
71 000
71 000
71 000
71 000
Total tax
10 514
7 099
14 083
16 075
After tax
60 486
63 901
56 917
54 925
Living cost
30 542
30 542
30 542
30 542
Free-cash
29 944
33 359
26 375
24 383

Estimated living cost  is ₽30542 per week

₽19748
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2302
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.
₽7917
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽150348
-₽150348
-₽3656
-₽150348
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
71 000
municipal
-
-
-
12 174
pensions
-
-
-
881
national
-
-
-
7 064
labour market
-
-
-
5 610
total
-
-
-
25 729
Employee
206 511
206 511
206 511
-
labour market
16 497
16 497
16 497
-
national
25 229
25 229
25 229
-
municipal
43 975
43 975
43 975
-
pensions
294
294
294
-
total
85 995
85 995
85 995
-
Employer
206 511
206 511
206 511
-
labour market
16 521
16 521
16 521
-
municipal
44 045
44 045
44 045
-
pensions
587
587
587
-
national
25 273
25 273
25 273
-
total
86 426
86 426
86 426
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
71 000
71 000
71 000
71 000
Total tax
172 421
172 421
172 421
25 729
After tax
-101 421
-101 421
-101 421
45 271
Living cost
48 927
48 927
48 927
48 927
Free-cash
-150 348
-150 348
-150 348
-3 656

Estimated living cost  is ₽48927 per week

₽33486
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4328
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽752
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10360
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽16114
₽2397
₽27055
₽14552
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
71 000
accident
-
-
-
255
income
-
-
-
15 054
pensions
-
-
-
4 197
other
-
-
-
374
health
-
-
-
2 200
total
-
-
-
22 080
Employee
34 396
-
58 980
-
health
3 939
-
6 753
-
income
4 719
-
9 169
-
pensions
3 873
-
6 641
-
total
12 531
-
22 563
-
Employer
34 396
-
58 980
-
accident
574
-
985
-
unemployment
843
-
1 445
-
pensions
5 593
-
9 590
-
total
7 010
-
12 020
-
Corporate
29 594
71 000
-
-
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.

26 635
63 900
-
-
total
26 635
63 900
-
-
Dividends
2 960
7 100
-
-
withholding
562
1 349
-
-
total
562
1 349
-
-
Income
71 000
71 000
71 000
71 000
Total tax
46 738
65 249
34 583
22 080
After tax
24 262
5 751
36 417
48 920
Living cost
21 865
21 865
21 865
21 865
Free-cash
2 397
-16 114
14 552
27 055

Estimated living cost  is ₽21865 per week

₽15916
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1246
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
₽9602
₽5160
₽14294
₽3914
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
71 000
municipal
-
-
-
12 660
health
-
-
-
669
national
-
-
-
4 369
total
-
-
-
17 698
Employee
53 456
-
59 728
-
health
399
-
496
-
municipal
8 756
-
9 776
-
pensions
3 608
-
4 032
-
unemployment
802
-
897
-
national
883
-
1 604
-
total
14 448
-
16 805
-
Employer
53 456
-
59 728
-
accident
54
-
60
-
unemployment
347
-
388
-
pensions
9 274
-
10 364
-
health
411
-
461
-
total
10 086
-
11 273
-
Corporate
7 458
71 000
-
-
income
1 492
14 201
-
-
total
1 492
14 201
-
-
Dividends

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

4 474
42 600
-
-
national
-
521
-
-
municipal
806
7 668
-
-
total
806
8 189
-
-
Income
71 000
71 000
71 000
71 000
Total tax
26 832
22 390
28 078
17 698
After tax
44 168
48 610
42 922
53 302
Living cost
39 008
39 008
39 008
39 008
Free-cash
5 160
9 602
3 914
14 294

Estimated living cost  is ₽39008 per week

₽25480
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3752
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.
₽9157
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽24502
₽23095
₽30281
₽26846
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
71 000
income
-
-
-
4 309
health
-
-
-
1 811
social contributions
-
-
-
11 075
total
-
-
-
17 195
Employee
78 128
78 128
78 128
-
social contributions
2 954
6 484
5 351
-
health
605
1 328
1 095
-
income
8 507
7 232
7 641
-
total
12 066
15 044
14 087
-
Employer
78 128
78 128
78 128
-
social contributions
2 954
6 484
5 351
-
health
657
1 446
1 192
-
total
3 611
7 930
6 543
-
Corporate
31 798
-
-
-
income
3 974
-
-
-
total
3 974
-
-
-
Dividends
27 825
-
-
-
withholding
4 730
-
-
-
total
4 730
-
-
-
Income
71 000
71 000
71 000
71 000
Total tax
24 381
22 974
20 630
17 195
After tax
46 619
48 026
50 370
53 805
Living cost
23 524
23 524
23 524
23 524
Free-cash
23 095
24 502
26 846
30 281

Estimated living cost  is ₽23524 per week

₽14098
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.
₽6598
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽42663
₽37494
₽38367
₽27764
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
71 000
income
-
-
-
6 332
pensions
-
-
-
6 463
unemployment
-
-
-
29
health
-
-
-
3 677
total
-
-
-
16 501
Employee

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

23 322
-
64 369
-
health
1 982
-
5 472
-
income
1 595
-
5 023
-
pensions
3 498
-
9 656
-
unemployment
116
-
322
-
total
7 191
-
20 473
-
Employer

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

23 322
-
64 369
-
unemployment
116
-
322
-
pensions
1 282
-
3 540
-
health
1 003
-
2 769
-
total
2 401
-
6 631
-
Corporate
45 278
71 000
-
-
income
4 074
6 390
-
-
total
4 074
6 390
-
-
Dividends
41 204
64 610
-
-
withholding
3 708
5 815
-
-
total
3 708
5 815
-
-
Income
71 000
71 000
71 000
71 000
Total tax
17 374
12 205
27 104
16 501
After tax
53 626
58 795
43 896
54 499
Living cost
16 132
16 132
16 132
16 132
Free-cash
37 494
42 663
27 764
38 367

Estimated living cost  is ₽16132 per week

₽10292
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.
₽4196
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽19967
₽14638
₽10388
₽10888
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
71 000
accident
-
-
-
638
income
-
-
-
11 373
pensions
-
-
-
20 093
other
-
-
-
71
unemployment
-
-
-
497
total
-
-
-
32 672
Employee
37 569
-
53 836
-
other
37
-
54
-
income
7 243
-
11 589
-
pensions
1 766
-
2 530
-
unemployment
582
-
835
-
total
9 628
-
15 008
-
Employer
37 569
-
53 836
-
accident
744
-
1 066
-
other
301
-
432
-
unemployment
2 067
-
2 962
-
pensions
8 866
-
12 704
-
total
11 978
-
17 164
-
Corporate
21 454
71 000
-
-
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.

3 218
10 651
-
-
total
3 218
10 651
-
-
Dividends
18 236
60 349
-
-
withholding
3 598
12 442
-
-
total
3 598
12 442
-
-
Income
71 000
71 000
71 000
71 000
Total tax
28 422
23 093
32 172
32 672
After tax
42 578
47 907
38 828
38 328
Living cost
27 940
27 940
27 940
27 940
Free-cash
14 638
19 967
10 888
10 388

Estimated living cost  is ₽27940 per week

₽18859
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.
₽5906
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽41523
₽41067
₽41735
₽41538
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
71 000
income
-
-
-
22 984
pensions
-
-
-
2 029
health
-
-
-
1 471
total
-
-
-
26 484
Employee
4 236
-
68 718
-
health
212
-
507
-
income
820
-
22 877
-
pensions
381
-
913
-
unemployment
42
-
101
-
total
1 455
-
24 398
-
Employer
4 236
-
68 718
-
unemployment
85
-
203
-
pensions
466
-
1 116
-
health
402
-
964
-
total
953
-
2 283
-
Corporate
65 810
71 000
-
-
income
14 478
15 620
-
-
total
14 478
15 620
-
-
Dividends
51 332
55 380
-
-
withholding
10 266
11 076
-
-
total
10 266
11 076
-
-
Income
71 000
71 000
71 000
71 000
Total tax
27 152
26 696
26 681
26 484
After tax
43 848
44 304
44 319
44 516
Living cost
2 781
2 781
2 781
2 781
Free-cash
41 067
41 523
41 538
41 735

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
₽33738
₽28741
₽17215
₽19950
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
71 000
income
-
-
-
9 388
pensions
-
-
-
18 460
unemployment
-
-
-
1 065
health
-
-
-
7 313
total
-
-
-
36 226
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
-
60 221
-
health
1 364
-
3 101
-
income
3 650
-
10 728
-
pensions
3 707
-
8 431
-
unemployment
199
-
452
-
total
8 920
-
22 712
-
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
-
60 221
-
unemployment
199
-
452
-
pensions
3 177
-
7 226
-
health
1 364
-
3 101
-
total
4 740
-
10 779
-
Corporate
39 784
71 000
-
-
income
5 968
10 650
-
-
total
5 968
10 650
-
-
Dividends
33 816
60 350
-
-
withholding
5 072
9 053
-
-
total
5 072
9 053
-
-
Income
71 000
71 000
71 000
71 000
Total tax
24 700
19 703
33 491
36 226
After tax
46 300
51 297
37 509
34 774
Living cost
17 559
17 559
17 559
17 559
Free-cash
28 741
33 738
19 950
17 215

Estimated living cost  is ₽17559 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
₽12993
₽12627
₽13087
₽10578
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
71 000
income
-
-
-
5 849
surtax
-
-
-
-
social contributions

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

-
-
-
24 672
total
-
-
-
30 521
Employee
39 435
-
57 374
-
social contributions
4 338
-
6 311
-
surtax
-
-
-
-
income
7 705
-
13 093
-
total
12 043
-
19 404
-
Employer
39 435
-
57 374
-
social contributions
9 365
-
13 626
-
total
9 365
-
13 626
-
Corporate
22 200
71 000
-
-
surtax
-
-
-
-
income
4 662
14 910
-
-
total
4 662
14 910
-
-
Dividends
17 538
56 090
-
-
withholding
4 911
15 705
-
-
total
4 911
15 705
-
-
Income
71 000
71 000
71 000
71 000
Total tax
30 981
30 615
33 030
30 521
After tax
40 019
40 385
37 970
40 479
Living cost
27 392
27 392
27 392
27 392
Free-cash
12 627
12 993
10 578
13 087

Estimated living cost  is ₽27392 per week

₽19401
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.
₽5603
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽12199
₽4328
₽2620
₽3120
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
71 000
accident
-
-
-
638
income
-
-
-
11 373
pensions
-
-
-
20 093
other
-
-
-
71
unemployment
-
-
-
497
total
-
-
-
32 672
Employee
49 070
-
53 836
-
other
48
-
54
-
income
10 249
-
11 589
-
pensions
2 306
-
2 530
-
unemployment
760
-
835
-
total
13 363
-
15 008
-
Employer
49 070
-
53 836
-
accident
972
-
1 066
-
other
393
-
432
-
unemployment
2 699
-
2 962
-
pensions
11 580
-
12 704
-
total
15 644
-
17 164
-
Corporate
6 285
71 000
-
-
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.

943
10 651
-
-
total
943
10 651
-
-
Dividends
5 342
60 349
-
-
withholding
1 014
12 442
-
-
total
1 014
12 442
-
-
Income
71 000
71 000
71 000
71 000
Total tax
30 964
23 093
32 172
32 672
After tax
40 036
47 907
38 828
38 328
Living cost
35 708
35 708
35 708
35 708
Free-cash
4 328
12 199
3 120
2 620

Estimated living cost  is ₽35708 per week

₽25644
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2776
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.
₽6785
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽43226
₽37034
₽33394
₽35016
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
71 000
income
-
-
-
10 650
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
-
-
-
20 127
Employee
23 145
-
64 037
-
health
1 065
-
1 633
-
accident

We are using the highest rate at 1.1%.

254
-
390
-
income
2 315
-
6 403
-
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
-
11 542
-
Employer
23 145
-
64 037
-
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
43 314
71 000
-
-
income
4 331
7 100
-
-
total
4 331
7 100
-
-
Dividends
38 983
63 900
-
-
withholding
1 949
3 195
-
-
total
1 949
3 195
-
-
Income
71 000
71 000
71 000
71 000
Total tax
16 487
10 295
18 505
20 127
After tax
54 513
60 705
52 495
50 873
Living cost
17 479
17 479
17 479
17 479
Free-cash
37 034
43 226
35 016
33 394

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
-₽2509
₽10780
₽10592
₽14001
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
71 000
trade
-
-
-
3 409
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.

-
-
-
10 267
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.

-
-
-
6 941
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.

-
-
-
565
total
-
-
-
21 182
Employee

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

50 554
-
71 000
-
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.

6 941
-
6 941
-
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
-
565
-
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.

4 157
-
10 267
-
total
11 327
-
17 773
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
20 446
71 000
-
-
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.

170
586
-
-
income
3 068
10 651
-
-
trade
2 935
10 188
-
-
chamber of commerce
185
258
-
-
total
6 358
21 683
-
-
Dividends
14 089
49 316
-
-
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.

172
657
-
-
withholding
3 137
11 943
-
-
total
3 309
12 600
-
-
Income
71 000
71 000
71 000
71 000
Total tax
20 994
34 283
17 773
21 182
After tax
50 006
36 717
53 227
49 818
Living cost
39 226
39 226
39 226
39 226
Free-cash
10 780
-2 509
14 001
10 592

Estimated living cost  is ₽39226 per week

₽27059
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4221
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.
₽7377
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽8178
-₽8478
-₽4153
-₽4153
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
71 000
income
-
-
-
11 605
social contributions
-
-
-
5 670
total
-
-
-
17 275
Employee
79 477
-
71 000
-
income
14 997
-
11 605
-
social contributions
6 603
-
5 670
-
total
21 600
-
17 275
-
Employer
79 477
-
71 000
-
total
-
-
-
-
Corporate
-
71 000
-
-
income
-
8 875
-
-
total
-
8 875
-
-
Dividends
-
62 125
-
-
withholding
-
12 425
-
-
total
-
12 425
-
-
Income
71 000
71 000
71 000
71 000
Total tax
21 600
21 300
17 275
17 275
After tax
49 400
49 700
53 725
53 725
Living cost
57 878
57 878
57 878
57 878
Free-cash
-8 478
-8 178
-4 153
-4 153

Estimated living cost  is ₽57878 per week

₽44033
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4716
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.
₽8576
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽3900
₽9785
-₽1616
₽14784
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
71 000
income
-
-
-
28 922
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
-
-
-
35 734
Employee
46 610
-
66 326
-
income
5 057
-
9 986
-
social contributions
4 670
-
4 674
-
total
9 727
-
14 660
-
Employer
46 610
-
66 326
-
social contributions
4 670
-
4 674
-
total
4 670
-
4 674
-
Corporate
19 720
71 000
-
-
income
6 903
24 850
-
-
total
6 903
24 850
-
-
Dividends
12 818
46 150
-
-
social contributions
3 033
5 368
-
-
total
3 033
5 368
-
-
Income
71 000
71 000
71 000
71 000
Total tax
24 333
30 218
19 334
35 734
After tax
46 667
40 782
51 666
35 266
Living cost
36 882
36 882
36 882
36 882
Free-cash
9 785
3 900
14 784
-1 616

Estimated living cost  is ₽36882 per week

₽24294
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.
₽9114
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽15203
₽9432
₽15061
₽7480
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
71 000
income
-
-
-
13 264
pensions
-
-
-
4 681
total
-
-
-
17 945
Employee
52 152
-
63 032
-
health
680
-
903
-
income
9 497
-
11 369
-
pensions
3 981
-
5 287
-
total
14 158
-
17 559
-
Employer
52 152
-
63 032
-
pensions
5 269
-
6 769
-
health
991
-
1 198
-
total
6 260
-
7 967
-
Corporate
12 587
71 000
-
-
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.

2 392
13 489
-
-
total
2 392
13 489
-
-
Dividends
10 195
57 511
-
-
withholding
764
4 314
-
-
total
764
4 314
-
-
Income
71 000
71 000
71 000
71 000
Total tax
23 574
17 803
25 526
17 945
After tax
47 426
53 197
45 474
53 055
Living cost
37 994
37 994
37 994
37 994
Free-cash
9 432
15 203
7 480
15 061

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
-₽18279
₽2065
₽24890
₽12387
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
71 000
accident
-
-
-
255
income
-
-
-
15 054
pensions
-
-
-
4 197
other
-
-
-
374
health
-
-
-
2 200
total
-
-
-
22 080
Employee
37 800
-
58 980
-
health
4 328
-
6 753
-
income
5 186
-
9 169
-
pensions
4 256
-
6 641
-
total
13 770
-
22 563
-
Employer
37 800
-
58 980
-
accident
631
-
985
-
unemployment
926
-
1 445
-
pensions
6 146
-
9 590
-
total
7 703
-
12 020
-
Corporate
25 496
71 000
-
-
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.

22 947
63 900
-
-
total
22 947
63 900
-
-
Dividends
2 550
7 100
-
-
withholding
485
1 349
-
-
total
485
1 349
-
-
Income
71 000
71 000
71 000
71 000
Total tax
44 905
65 249
34 583
22 080
After tax
26 095
5 751
36 417
48 920
Living cost
24 030
24 030
24 030
24 030
Free-cash
2 065
-18 279
12 387
24 890

Estimated living cost  is ₽24030 per week

₽17635
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.
₽4510
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽46655
₽41725
₽27701
₽27701
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
71 000
work injury
-
-
-
355
health insurance
-
-
-
5 254
income
-
-
-
10 079
pensions
-
-
-
13 064
unemployment
-
-
-
852
total
-
-
-
29 604
Employee

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

21 911
-
71 000
-
work injury
110
-
355
-
income
2 191
-
10 079
-
pensions
4 032
-
13 064
-
health insurance
1 621
-
5 254
-
unemployment
263
-
852
-
total
8 217
-
29 604
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
49 089
71 000
-
-
income

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

-
-
-
-
total
-
-
-
-
Dividends
49 089
71 000
-
-
withholding
7 363
10 650
-
-
total
7 363
10 650
-
-
Income
71 000
71 000
71 000
71 000
Total tax
15 580
10 650
29 604
29 604
After tax
55 420
60 350
41 396
41 396
Living cost
13 695
13 695
13 695
13 695
Free-cash
41 725
46 655
27 701
27 701

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
-₽3079
-₽14619
-₽2443
-₽6386
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
71 000
municipal
-
-
-
474
regional
-
-
-
1 150
national
-
-
-
13 082
social contributions
-
-
-
18 261
total
-
-
-
32 967
Employee
85 618
-
71 000
-
social contributions
28 870
-
23 941
-
regional
1 293
-
996
-
municipal
511
-
424
-
national
14 469
-
11 549
-
total
45 143
-
36 910
-
Employer
85 618
-
71 000
-
total
-
-
-
-
Corporate
-
71 000
-
-
nationa
-
17 041
-
-
municipal
-
3 422
-
-
total
-
20 463
-
-
Dividends
-
50 537
-
-
withholding
-
13 140
-
-
total
-
13 140
-
-
Income
71 000
71 000
71 000
71 000
Total tax
45 143
33 603
36 910
32 967
After tax
25 857
37 397
34 090
38 033
Living cost
40 476
40 476
40 476
40 476
Free-cash
-14 619
-3 079
-6 386
-2 443

Estimated living cost  is ₽40476 per week

₽28432
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2784
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.
₽8648
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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