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
₽ 71500
per

Your estimated
City
free-cash

Dresden , Germany
₽5670
₽16833
₽19075
₽22947
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
71 500
trade
-
-
-
3 872
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.

-
-
-
10 514
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.

-
-
-
6 894
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.

-
-
-
578
total
-
-
-
21 858
Employee

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

38 599
-
71 500
-
health

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

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

6 894
-
6 894
-
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.

59
-
578
-
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.

1 078
-
10 514
-
total
8 031
-
17 986
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
32 901
71 500
-
-
surtax

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

272
590
-
-
income
4 935
10 724
-
-
trade
5 182
11 261
-
-
chamber of commerce
201
257
-
-
total
10 590
22 832
-
-
Dividends
22 311
48 668
-
-
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.

285
647
-
-
withholding
5 194
11 784
-
-
total
5 479
12 431
-
-
Income
71 500
71 500
71 500
71 500
Total tax
24 100
35 263
17 986
21 858
After tax
47 400
36 237
53 514
49 642
Living cost
30 567
30 567
30 567
30 567
Free-cash
16 833
5 670
22 947
19 075

Estimated living cost  is ₽30567 per week

₽19227
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3564
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽571
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7205
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽6378
-₽14724
-₽6905
-₽6343
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
71 500
municipal
-
-
-
7 084
pensions
-
-
-
8 580
national
-
-
-
10 978
social contributions
-
-
-
769
total
-
-
-
27 411
Employee
79 050
-
61 811
-
municipal
9 764
-
7 361
-
pensions
3 162
-
2 472
-
national
15 130
-
11 407
-
total
28 056
-
21 240
-
Employer
79 050
-
61 811
-
social contributions
850
-
664
-
pensions
6 324
-
4 945
-
total
7 174
-
5 609
-
Corporate
-
71 500
-
-
income

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

-
14 300
-
-
total
-
14 300
-
-
Dividends
-
57 200
-
-
withholding
-
12 584
-
-
total
-
12 584
-
-
Income
71 500
71 500
71 500
71 500
Total tax
35 230
26 884
26 849
27 411
After tax
36 270
44 616
44 651
44 089
Living cost
50 994
50 994
50 994
50 994
Free-cash
-14 724
-6 378
-6 343
-6 905

Estimated living cost  is ₽50994 per week

₽34660
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4740
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽763
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10830
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽36205
₽27927
₽36604
₽19639
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
71 500
microenterprise
-
-
-
10 724
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.

-
-
-
3 177
total
-
-
-
13 901
Employee
29 488
-
57 619
-
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.

3 244
-
6 339
-
surtax
-
-
-
-
income
5 249
-
10 646
-
total
8 493
-
16 985
-
Employer
29 488
-
57 619
-
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.

7 103
-
13 881
-
surtax
-
-
-
-
total
7 103
-
13 881
-
Corporate
34 909
71 500
-
-
income

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

6 982
14 300
-
-
total
6 982
14 300
-
-
Dividends

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

27 926
57 200
-
-
total
-
-
-
-
Income
71 500
71 500
71 500
71 500
Total tax
22 578
14 300
30 866
13 901
After tax
48 922
57 200
40 634
57 599
Living cost
20 995
20 995
20 995
20 995
Free-cash
27 927
36 205
19 639
36 604

Estimated living cost  is ₽20995 per week

₽13394
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1999
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.
₽5125
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽23047
-₽28712
-₽1526
-₽28712
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
71 500
income
-
-
-
8 512
pensions
-
-
-
11 824
health
-
-
-
10 414
total
-
-
-
30 750
Employee
86 179
86 179
86 179
-
health
13 228
11 251
13 228
-
income

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

14 106
14 106
14 106
-
pensions
15 512
11 824
15 512
-
total
42 846
37 181
42 846
-
Employer
86 179
86 179
86 179
-
unemployment
3 102
3 102
3 102
-
pensions
5 998
5 998
5 998
-
health
5 990
5 990
5 990
-
total
15 090
15 090
15 090
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
71 500
71 500
71 500
71 500
Total tax
57 936
52 271
57 936
30 750
After tax
13 564
19 229
13 564
40 750
Living cost
42 276
42 276
42 276
42 276
Free-cash
-28 712
-23 047
-28 712
-1 526

Estimated living cost  is ₽42276 per week

₽29960
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3811
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽672
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7833
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽49
-₽1514
-₽3349
-₽808
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
71 500
municipal
-
-
-
15 145
accident
-
-
-
143
pensions
-
-
-
7 729
other
-
-
-
8 308
unemployment
-
-
-
72
health
-
-
-
4 462
national
-
-
-
-
total
-
-
-
35 859
Employee
55 558
-
54 406
-
municipal
16 567
-
16 224
-
national
-
-
-
-
total
16 567
-
16 224
-
Employer
55 558
-
54 406
-
accident
111
-
109
-
other
6 456
-
6 322
-
unemployment
1 467
-
1 436
-
pensions
6 006
-
5 881
-
health
3 417
-
3 346
-
total
17 457
-
17 094
-
Corporate
-
71 500
-
-
income
-
15 730
-
-
total
-
15 730
-
-
Dividends
-
55 770
-
-
withholding
-
16 731
-
-
total
-
16 731
-
-
Income
71 500
71 500
71 500
71 500
Total tax
34 024
32 461
33 318
35 859
After tax
37 476
39 039
38 182
35 641
Living cost
38 990
38 990
38 990
38 990
Free-cash
-1 514
49
-808
-3 349

Estimated living cost  is ₽38990 per week

₽25841
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3826
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.
₽8731
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽3776
₽10401
₽9827
₽13870
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
71 500
trade
-
-
-
4 043
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.

-
-
-
10 514
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.

-
-
-
6 894
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.

-
-
-
578
total
-
-
-
22 029
Employee

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

51 177
-
71 500
-
health

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

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

6 894
-
6 894
-
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.

241
-
578
-
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.

4 397
-
10 514
-
total
11 532
-
17 986
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
20 323
71 500
-
-
surtax

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

169
590
-
-
income
3 049
10 724
-
-
trade
3 344
11 762
-
-
chamber of commerce
182
255
-
-
total
6 744
23 331
-
-
Dividends
13 580
48 168
-
-
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.

167
642
-
-
withholding
3 012
11 659
-
-
total
3 179
12 301
-
-
Income
71 500
71 500
71 500
71 500
Total tax
21 455
35 632
17 986
22 029
After tax
50 045
35 868
53 514
49 471
Living cost
39 644
39 644
39 644
39 644
Free-cash
10 401
-3 776
13 870
9 827

Estimated living cost  is ₽39644 per week

₽26514
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4181
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.
₽8357
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽15950
₽15589
₽21311
₽18127
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
71 500
income
-
-
-
4 481
health
-
-
-
1 823
social contributions
-
-
-
11 153
total
-
-
-
17 457
Employee
77 600
77 600
77 600
-
social contributions
3 771
6 440
5 387
-
health
772
1 319
1 103
-
income
8 149
7 183
7 563
-
total
12 692
14 942
14 053
-
Employer
77 600
77 600
77 600
-
social contributions
3 771
6 440
5 387
-
health
841
1 436
1 201
-
total
4 612
7 876
6 588
-
Corporate
21 465
-
-
-
income
2 683
-
-
-
total
2 683
-
-
-
Dividends
18 782
-
-
-
withholding
3 192
-
-
-
total
3 192
-
-
-
Income
71 500
71 500
71 500
71 500
Total tax
23 179
22 818
20 641
17 457
After tax
48 321
48 682
50 859
54 043
Living cost
32 732
32 732
32 732
32 732
Free-cash
15 589
15 950
18 127
21 311

Estimated living cost  is ₽32732 per week

₽22376
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2557
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽550
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7251
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽22052
₽22433
₽31195
₽23113
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
71 500
income
-
-
-
8 741
pensions
-
-
-
7 150
unemployment
-
-
-
1 072
health
-
-
-
5 005
total
-
-
-
21 968
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.

26 470
10 535
59 833
-
health
1 853
737
4 188
-
income
3 236
1 288
7 315
-
pensions
2 647
1 053
5 983
-
unemployment
397
158
897
-
total
8 133
3 236
18 383
-
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.

26 470
10 535
59 833
-
pensions
5 162
2 054
11 667
-
total
5 162
2 054
11 667
-
Corporate
39 869
58 911
-
-
income
3 588
5 302
-
-
total
3 588
5 302
-
-
Dividends
36 281
53 609
-
-
social contributions
6 954
10 333
-
-
withholding
6 893
10 186
-
-
total
13 847
20 519
-
-
Income
71 500
71 500
71 500
71 500
Total tax
30 730
31 111
30 050
21 968
After tax
40 770
40 389
41 450
49 532
Living cost
18 337
18 337
18 337
18 337
Free-cash
22 433
22 052
23 113
31 195

Estimated living cost  is ₽18337 per week

₽12513
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1500
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽366
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3957
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽32825
₽26554
₽13988
₽16840
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
71 500
income
-
-
-
9 541
pensions
-
-
-
14 300
health
-
-
-
9 296
total
-
-
-
33 137
Employee
28 629
-
53 437
-
income
3 223
-
10 303
-
pensions
573
-
1 069
-
unemployment
458
-
854
-
total
4 254
-
12 226
-
Employer
28 629
-
53 437
-
unemployment
230
-
427
-
pensions
5 726
-
10 686
-
health
3 721
-
6 946
-
total
9 677
-
18 059
-
Corporate
33 195
71 500
-
-
income
6 640
14 300
-
-
total
6 640
14 300
-
-
Dividends
26 555
57 200
-
-
total
-
-
-
-
Income
71 500
71 500
71 500
71 500
Total tax
20 571
14 300
30 285
33 137
After tax
50 929
57 200
41 215
38 363
Living cost
24 375
24 375
24 375
24 375
Free-cash
26 554
32 825
16 840
13 988

Estimated living cost  is ₽24375 per week

₽16719
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1452
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.
₽5715
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽16277
₽2406
₽27187
₽14535
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
71 500
accident
-
-
-
253
income
-
-
-
15 257
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
22 244
Employee
34 715
-
59 395
-
health
3 975
-
6 801
-
income
4 763
-
9 302
-
pensions
3 909
-
6 688
-
total
12 647
-
22 791
-
Employer
34 715
-
59 395
-
accident
580
-
992
-
unemployment
850
-
1 455
-
pensions
5 645
-
9 658
-
total
7 075
-
12 105
-
Corporate
29 710
71 500
-
-
income

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

26 739
64 350
-
-
total
26 739
64 350
-
-
Dividends
2 971
7 150
-
-
withholding
564
1 358
-
-
total
564
1 358
-
-
Income
71 500
71 500
71 500
71 500
Total tax
47 025
65 708
34 896
22 244
After tax
24 475
5 792
36 604
49 256
Living cost
22 069
22 069
22 069
22 069
Free-cash
2 406
-16 277
14 535
27 187

Estimated living cost  is ₽22069 per week

₽16174
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1223
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽461
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4211
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽58846
₽57144
₽61706
₽48121
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
71 500
microenterprise

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

-
-
-
715
total
-
-
-
715
Employee
11 349
-
71 500
-
income
2 269
-
14 300
-
total
2 269
-
14 300
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

60 151
71 500
-
-
total
-
-
-
-
Dividends
60 151
71 500
-
-
withholding
3 008
3 575
-
-
total
3 008
3 575
-
-
Income
71 500
71 500
71 500
71 500
Total tax
5 277
3 575
14 300
715
After tax
66 223
67 925
57 200
70 785
Living cost
9 079
9 079
9 079
9 079
Free-cash
57 144
58 846
48 121
61 706

Estimated living cost  is ₽9079 per week

₽5627
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽755
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽250
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2448
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽25641
₽18826
₽11829
₽15019
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
71 500
income
-
-
-
9 081
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.

-
-
-
17 159
other
-
-
-
3 395
health
-
-
-
3 146
total
-
-
-
32 781
Employee
36 642
-
57 108
-
health
513
-
799
-
income
6 308
-
9 830
-
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.

2 564
-
3 999
-
unemployment
366
-
571
-
total
9 751
-
15 199
-
Employer
36 642
-
57 108
-
accident
293
-
458
-
other
1 833
-
2 855
-
unemployment
366
-
571
-
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.

6 230
-
9 709
-
health
513
-
799
-
total
9 235
-
14 392
-
Corporate
25 624
71 500
-
-
income
5 381
15 014
-
-
total
5 381
15 014
-
-
Dividends
20 242
56 486
-
-
withholding
1 417
3 955
-
-
total
1 417
3 955
-
-
Income
71 500
71 500
71 500
71 500
Total tax
25 784
18 969
29 591
32 781
After tax
45 716
52 531
41 909
38 719
Living cost
26 890
26 890
26 890
26 890
Free-cash
18 826
25 641
15 019
11 829

Estimated living cost  is ₽26890 per week

₽19000
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1816
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽433
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5642
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽14155
-₽37457
-₽14321
-₽21991
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
71 500
income
-
-
-
13 350
pensions
-
-
-
4 744
total
-
-
-
18 094
Employee
95 823
-
63 447
-
health
1 579
-
917
-
income
17 273
-
11 434
-
pensions
9 244
-
5 359
-
total
28 096
-
17 710
-
Employer
95 823
-
63 447
-
pensions
11 314
-
6 847
-
health
1 820
-
1 207
-
total
13 134
-
8 054
-
Corporate
-
71 500
-
-
income

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

-
13 584
-
-
total
-
13 584
-
-
Dividends
-
57 916
-
-
withholding
-
4 344
-
-
total
-
4 344
-
-
Income
71 500
71 500
71 500
71 500
Total tax
41 230
17 928
25 764
18 094
After tax
30 270
53 572
45 736
53 406
Living cost
67 727
67 727
67 727
67 727
Free-cash
-37 457
-14 155
-21 991
-14 321

Estimated living cost  is ₽67727 per week

₽50749
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7957
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽551
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8470
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽47893
₽43203
₽38119
₽39775
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
71 500
income
-
-
-
10 725
pensions

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

-
-
-
5 220
unemployment
-
-
-
141
health
-
-
-
4 056
total
-
-
-
20 142
Employee
17 531
-
64 580
-
health
806
-
1 622
-
accident

We are using the highest rate at 1.1%.

193
-
388
-
income
1 753
-
6 458
-
pensions

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

1 539
-
3 097
-
total
4 291
-
11 565
-
Employer
17 531
-
64 580
-
accident

We are using the highest rate at 1.1%.

193
-
388
-
unemployment
105
-
212
-
pensions

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

1 932
-
3 887
-
health
1 210
-
2 434
-
total
3 440
-
6 921
-
Corporate
50 529
71 500
-
-
income
5 053
7 150
-
-
total
5 053
7 150
-
-
Dividends
45 477
64 350
-
-
withholding
2 274
3 218
-
-
total
2 274
3 218
-
-
Income
71 500
71 500
71 500
71 500
Total tax
15 058
10 368
18 486
20 142
After tax
56 442
61 132
53 014
51 358
Living cost
13 239
13 239
13 239
13 239
Free-cash
43 203
47 893
39 775
38 119

Estimated living cost  is ₽13239 per week

₽7729
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽945
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽351
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4214
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽36731
-₽38444
-₽15210
-₽42396
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
71 500
income
-
-
-
8 512
pensions
-
-
-
11 824
health
-
-
-
10 414
total
-
-
-
30 750
Employee
93 563
86 179
86 179
-
health
11 672
11 251
13 228
-
income

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

14 106
14 106
14 106
-
pensions
11 824
11 824
15 512
-
total
37 602
37 181
42 846
-
Employer
93 563
86 179
86 179
-
unemployment
3 369
3 102
3 102
-
pensions
6 511
5 998
5 998
-
health
6 502
5 990
5 990
-
total
16 382
15 090
15 090
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
71 500
71 500
71 500
71 500
Total tax
53 984
52 271
57 936
30 750
After tax
17 516
19 229
13 564
40 750
Living cost
55 960
55 960
55 960
55 960
Free-cash
-38 444
-36 731
-42 396
-15 210

Estimated living cost  is ₽55960 per week

₽41280
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4998
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽642
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9041
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽25058
₽16436
₽10654
₽12114
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
71 500
income
-
-
-
6 145
health
-
-
-
9 653
solidarity contribution
-
-
-
-
social contributions
-
-
-
20 878
total
-
-
-
36 676
Employee
35 544
-
53 358
-
social contributions
2 310
-
3 468
-
health
4 798
-
7 203
-
solidarity contribution
-
-
-
-
income
4 265
-
6 403
-
total
11 373
-
17 074
-
Employer
35 544
-
53 358
-
social contributions
8 886
-
13 340
-
health
3 199
-
4 802
-
total
12 085
-
18 142
-
Corporate
23 871
71 500
-
-
income
4 536
13 585
-
-
total
4 536
13 585
-
-
Dividends
19 336
57 915
-
-
withholding
2 900
8 687
-
-
total
2 900
8 687
-
-
Income
71 500
71 500
71 500
71 500
Total tax
30 894
22 272
35 216
36 676
After tax
40 606
49 228
36 284
34 824
Living cost
24 170
24 170
24 170
24 170
Free-cash
16 436
25 058
12 114
10 654

Estimated living cost  is ₽24170 per week

₽16789
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1719
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.
₽5186
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽4434
-₽18188
-₽3828
-₽7865
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
71 500
municipal
-
-
-
425
regional
-
-
-
738
national
-
-
-
13 191
social contributions
-
-
-
18 391
total
-
-
-
32 745
Employee
89 689
-
71 500
-
social contributions
30 243
-
24 109
-
regional
846
-
648
-
municipal
475
-
379
-
national
15 541
-
11 646
-
total
47 105
-
36 782
-
Employer
89 689
-
71 500
-
total
-
-
-
-
Corporate
-
71 500
-
-
nationa
-
17 159
-
-
municipal
-
2 788
-
-
total
-
19 947
-
-
Dividends
-
51 552
-
-
withholding
-
13 404
-
-
total
-
13 404
-
-
Income
71 500
71 500
71 500
71 500
Total tax
47 105
33 351
36 782
32 745
After tax
24 395
38 149
34 718
38 755
Living cost
42 583
42 583
42 583
42 583
Free-cash
-18 188
-4 434
-7 865
-3 828

Estimated living cost  is ₽42583 per week

₽29684
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2792
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽653
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9453
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽22705
₽19563
₽17005
₽15434
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
71 500
income
-
-
-
11 602
pensions
-
-
-
14 300
other
-
-
-
-
unemployment
-
-
-
230
health
-
-
-
5 077
surtax
-
-
-
1 017
total
-
-
-
32 226
Employee
33 373
-
59 067
-
other
-
-
-
-
health
852
-
1 505
-
surtax
109
-
898
-
income
5 594
-
10 910
-
pensions
2 225
-
3 939
-
unemployment
2 323
-
4 112
-
total
11 103
-
21 364
-
Employer
33 373
-
59 067
-
other
-
-
-
-
unemployment
1 057
-
1 873
-
pensions
4 449
-
7 873
-
health
1 519
-
2 687
-
total
7 025
-
12 433
-
Corporate
31 103
71 500
-
-
income
8 087
18 590
-
-
total
8 087
18 590
-
-
Dividends
23 015
52 910
-
-
withholding
3 453
7 936
-
-
total
3 453
7 936
-
-
Income
71 500
71 500
71 500
71 500
Total tax
29 668
26 526
33 797
32 226
After tax
41 832
44 974
37 703
39 274
Living cost
22 269
22 269
22 269
22 269
Free-cash
19 563
22 705
15 434
17 005

Estimated living cost  is ₽22269 per week

₽13616
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2055
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽513
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6084
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽7303
-₽890
₽7137
-₽533
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
71 500
income
-
-
-
13 350
pensions
-
-
-
4 744
total
-
-
-
18 094
Employee
64 218
-
63 447
-
health
932
-
917
-
income
11 566
-
11 434
-
pensions
5 451
-
5 359
-
total
17 949
-
17 710
-
Employer
64 218
-
63 447
-
pensions
6 952
-
6 847
-
health
1 220
-
1 207
-
total
8 172
-
8 054
-
Corporate
-
71 500
-
-
income

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

-
13 584
-
-
total
-
13 584
-
-
Dividends
-
57 916
-
-
withholding
-
4 344
-
-
total
-
4 344
-
-
Income
71 500
71 500
71 500
71 500
Total tax
26 121
17 928
25 764
18 094
After tax
45 379
53 572
45 736
53 406
Living cost
46 269
46 269
46 269
46 269
Free-cash
-890
7 303
-533
7 137

Estimated living cost  is ₽46269 per week

₽34665
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3468
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.
₽7652
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽43578
-₽26263
-₽15948
-₽19629
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
71 500
city
-
-
-
752
pensions
-
-
-
6 578
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.

-
-
-
1 430
regional
-
-
-
1 896
health
-
-
-
249
national
-
-
-
270
total
-
-
-
11 175
Employee
89 259
-
63 997
-
city
958
-
688
-
regional
2 923
-
1 624
-
health
202
-
145
-
pensions
7 499
-
5 375
-
unemployment
-
-
-
-
national
422
-
225
-
total
12 004
-
8 057
-
Employer
89 259
-
63 997
-
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.

1 785
-
1 279
-
unemployment
-
-
-
-
pensions
7 499
-
5 375
-
health
202
-
145
-
total
9 486
-
6 799
-
Corporate
-
71 500
-
-
regional
-
15 123
-
-
national
-
6 077
-
-
total
-
21 200
-
-
Dividends
-
50 300
-
-
withholding
-
17 605
-
-
total
-
17 605
-
-
Income
71 500
71 500
71 500
71 500
Total tax
21 490
38 805
14 856
11 175
After tax
50 010
32 695
56 644
60 325
Living cost
76 273
76 273
76 273
76 273
Free-cash
-26 263
-43 578
-19 629
-15 948

Estimated living cost  is ₽76273 per week

₽49599
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6845
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽936
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18892
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽10730
₽5634
₽3068
₽7283
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
71 500
trade
-
-
-
4 215
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.

-
-
-
10 514
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.

-
-
-
6 894
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.

-
-
-
578
total
-
-
-
22 201
Employee

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

60 649
-
71 500
-
health

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

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

6 894
-
6 894
-
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.

393
-
578
-
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.

7 132
-
10 514
-
total
14 419
-
17 986
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
10 851
71 500
-
-
surtax

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

90
590
-
-
income
1 628
10 724
-
-
trade
1 861
12 262
-
-
chamber of commerce
169
255
-
-
total
3 748
23 831
-
-
Dividends
7 103
47 669
-
-
surtax

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

77
634
-
-
withholding
1 392
11 535
-
-
total
1 469
12 169
-
-
Income
71 500
71 500
71 500
71 500
Total tax
19 636
36 000
17 986
22 201
After tax
51 864
35 500
53 514
49 299
Living cost
46 230
46 230
46 230
46 230
Free-cash
5 634
-10 730
7 283
3 068

Estimated living cost  is ₽46230 per week

₽33765
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3698
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽601
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8168
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽1510
₽7471
₽8018
₽8332
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
71 500
income
-
-
-
3 876
pensions
-
-
-
20 208
other
-
-
-
2 216
health
-
-
-
619
surtax
-
-
-
-
social contributions
-
-
-
2 036
total
-
-
-
28 955
Employee
43 191
-
54 483
-
social contributions
1 231
-
1 553
-
surtax
-
-
-
-
income
2 549
-
3 913
-
pensions
4 883
-
6 163
-
total
8 663
-
11 629
-
Employer
43 191
-
54 483
-
other
1 490
-
1 879
-
social contributions
130
-
163
-
unemployment
1 748
-
2 206
-
pensions
7 095
-
8 951
-
health
3 024
-
3 813
-
total
13 487
-
17 012
-
Corporate
14 821
71 500
-
-
surtax
-
-
-
-
income
4 150
20 020
-
-
total
4 150
20 020
-
-
Dividends
10 671
51 480
-
-
surtax
-
-
-
-
social contributions
1 837
8 853
-
-
withholding
1 365
6 590
-
-
total
3 202
15 443
-
-
Income
71 500
71 500
71 500
71 500
Total tax
29 502
35 463
28 641
28 955
After tax
41 998
36 037
42 859
42 545
Living cost
34 527
34 527
34 527
34 527
Free-cash
7 471
1 510
8 332
8 018

Estimated living cost  is ₽34527 per week

₽21771
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2808
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.
₽9363
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽4931
₽10538
₽11439
₽11753
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
71 500
income
-
-
-
3 876
pensions
-
-
-
20 208
other
-
-
-
2 216
health
-
-
-
619
surtax
-
-
-
-
social contributions
-
-
-
2 036
total
-
-
-
28 955
Employee
38 554
-
54 483
-
social contributions
1 099
-
1 553
-
surtax
-
-
-
-
income
1 988
-
3 913
-
pensions
4 361
-
6 163
-
total
7 448
-
11 629
-
Employer
38 554
-
54 483
-
other
1 331
-
1 879
-
social contributions
115
-
163
-
unemployment
1 561
-
2 206
-
pensions
6 335
-
8 951
-
health
2 698
-
3 813
-
total
12 040
-
17 012
-
Corporate
20 906
71 500
-
-
surtax
-
-
-
-
income
5 854
20 020
-
-
total
5 854
20 020
-
-
Dividends
15 051
51 480
-
-
surtax
-
-
-
-
social contributions
2 587
8 853
-
-
withholding
1 927
6 590
-
-
total
4 514
15 443
-
-
Income
71 500
71 500
71 500
71 500
Total tax
29 856
35 463
28 641
28 955
After tax
41 644
36 037
42 859
42 545
Living cost
31 106
31 106
31 106
31 106
Free-cash
10 538
4 931
11 753
11 439

Estimated living cost  is ₽31106 per week

₽18040
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3160
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽590
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9317
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽22222
₽22749
₽24519
₽20960
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
71 500
income
-
-
-
10 724
health
-
-
-
4 991
social contributions
-
-
-
9 867
total
-
-
-
25 582
Employee
34 217
-
71 500
-
social contributions
4 723
-
9 867
-
health
2 388
-
4 991
-
income
5 707
-
14 283
-
total
12 818
-
29 141
-
Employer
34 217
-
71 500
-
total
-
-
-
-
Corporate
37 283
71 500
-
-
income

The standard tax rate is 15%. However, small companies and agricultural companies can apply a reduced corporate income tax rate of 0% to the first year of operation when certain conditions are met; and 5% to revenues of less than €300,000 per year. We made calculations based on 5% and skipped 0%.

1 863
3 575
-
-
total
1 863
3 575
-
-
Dividends
35 420
67 925
-
-
health
2 472
4 742
-
-
social contributions
4 887
9 374
-
-
withholding
5 312
10 188
-
-
total
12 671
24 304
-
-
Income
71 500
71 500
71 500
71 500
Total tax
27 352
27 879
29 141
25 582
After tax
44 148
43 621
42 359
45 918
Living cost
21 399
21 399
21 399
21 399
Free-cash
22 749
22 222
20 960
24 519

Estimated living cost  is ₽21399 per week

₽14321
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1319
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽492
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5265
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽5015
₽3455
₽2969
-₽10255
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
71 500
chamber of commerce
-
-
-
285
income
-
-
-
7 601
pensions
-
-
-
13 228
unemployment
-
-
-
6 190
health
-
-
-
5 469
surtax
-
-
-
199
total
-
-
-
32 972
Employee
50 434
40 217
55 365
-
other
504
402
553
-
health
1 951
1 557
2 143
-
income
5 741
2 966
7 155
-
pensions
5 165
4 117
5 669
-
unemployment
1 513
1 207
1 660
-
total
14 874
10 249
17 180
-
Employer
50 434
40 217
55 365
-
accident
655
523
720
-
other
2 396
1 909
2 629
-
chamber of commerce
201
161
222
-
unemployment
1 513
1 207
1 660
-
surtax
199
199
199
-
pensions
6 329
5 048
6 948
-
payroll
1 513
1 207
1 660
-
health
1 906
1 521
2 093
-
total
14 712
11 775
16 131
-
Corporate
6 355
19 509
51 537
-
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.

1 590
4 878
12 885
-
total
1 590
4 878
12 885
-
Dividends
4 765
14 631
-
-
withholding
1 310
4 024
-
-
total
1 310
4 024
-
-
Income
71 500
71 500
71 500
71 500
Total tax
32 486
30 926
46 196
32 972
After tax
39 014
40 574
25 304
38 528
Living cost
35 559
35 559
35 559
35 559
Free-cash
3 455
5 015
-10 255
2 969

Estimated living cost  is ₽35559 per week

₽23716
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3033
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.
₽8225
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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
₽3412
-₽21699
-₽402
-₽7163
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
71 500
national
-
-
-
21 825
communal

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

-
-
-
3 715
social contributions
-
-
-
9 566
total
-
-
-
35 106
Employee

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

72 186
-
55 377
-
communal

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

3 765
-
2 888
-
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.

3 392
-
2 605
-
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.

5 414
-
4 154
-
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.

628
-
483
-
national
22 193
-
15 615
-
total
35 392
-
25 745
-
Employer

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

72 186
-
55 377
-
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.

938
-
720
-
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.

1 053
-
808
-
surtax
8 185
-
6 281
-
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.

6 396
-
4 906
-
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.

4 439
-
3 407
-
total
21 011
-
16 122
-
Corporate
-
71 500
-
-
surtax
-
285
-
-
income
-
14 300
-
-
total
-
14 585
-
-
Dividends
-
56 915
-
-
withholding

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

-
16 707
-
-
total
-
16 707
-
-
Income
71 500
71 500
71 500
71 500
Total tax
56 403
31 292
41 867
35 106
After tax
15 097
40 208
29 633
36 394
Living cost
36 796
36 796
36 796
36 796
Free-cash
-21 699
3 412
-7 163
-402

Estimated living cost  is ₽36796 per week

₽23701
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3217
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽576
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9302
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽11799
₽3618
₽2103
₽2608
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
71 500
accident
-
-
-
643
income
-
-
-
11 503
pensions
-
-
-
20 235
other
-
-
-
71
unemployment
-
-
-
500
total
-
-
-
32 952
Employee
50 234
-
54 214
-
other
50
-
54
-
income
10 599
-
11 717
-
pensions
2 361
-
2 549
-
unemployment
779
-
841
-
total
13 789
-
15 161
-
Employer
50 234
-
54 214
-
accident
994
-
1 074
-
other
400
-
435
-
unemployment
2 763
-
2 982
-
pensions
11 854
-
12 795
-
total
16 011
-
17 286
-
Corporate
5 254
71 500
-
-
income

The general rate of corporate tax is 25%. The lower rate of 15% is introduced for newly formed companies which applies during the first two years of operation in which taxable profit is made. We use the lower rate in our model.

789
10 724
-
-
total
789
10 724
-
-
Dividends
4 465
60 776
-
-
withholding
848
12 532
-
-
total
848
12 532
-
-
Income
71 500
71 500
71 500
71 500
Total tax
31 437
23 256
32 447
32 952
After tax
40 063
48 244
39 053
38 548
Living cost
36 445
36 445
36 445
36 445
Free-cash
3 618
11 799
2 608
2 103

Estimated living cost  is ₽36445 per week

₽26838
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2585
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6496
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽10361
-₽14054
-₽8829
-₽7498
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
71 500
accident
-
-
-
643
income
-
-
-
4 255
pensions
-
-
-
11 441
health
-
-
-
5 364
surtax
-
-
-
3 784
communal
-
-
-
-
total
-
-
-
25 487
Employee
76 423
-
63 868
-
health
3 401
-
2 842
-
surtax
4 684
-
3 914
-
income
7 382
-
4 659
-
pensions
6 113
-
5 109
-
total
21 580
-
16 524
-
Employer
76 423
-
63 868
-
accident
688
-
575
-
pensions
6 113
-
5 109
-
health
2 331
-
1 948
-
total
9 132
-
7 632
-
Corporate
-
71 500
-
-
surtax
-
751
-
-
communal
-
4 826
-
-
income
-
10 724
-
-
total
-
16 301
-
-
Dividends
-
55 199
-
-
income
-
2 439
-
-
withholding
-
8 279
-
-
total
-
10 718
-
-
Income
71 500
71 500
71 500
71 500
Total tax
30 712
27 019
24 156
25 487
After tax
40 788
44 481
47 344
46 013
Living cost
54 842
54 842
54 842
54 842
Free-cash
-14 054
-10 361
-7 498
-8 829

Estimated living cost  is ₽54842 per week

₽41140
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3323
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽9798
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽22307
₽19096
₽16607
₽15036
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
71 500
income
-
-
-
11 602
pensions
-
-
-
14 300
other
-
-
-
-
unemployment
-
-
-
230
health
-
-
-
5 077
surtax
-
-
-
1 017
total
-
-
-
32 226
Employee
33 985
-
59 067
-
other
-
-
-
-
health
868
-
1 505
-
surtax
121
-
898
-
income
5 697
-
10 910
-
pensions
2 267
-
3 939
-
unemployment
2 365
-
4 112
-
total
11 318
-
21 364
-
Employer
33 985
-
59 067
-
other
-
-
-
-
unemployment
1 078
-
1 873
-
pensions
4 531
-
7 873
-
health
1 545
-
2 687
-
total
7 154
-
12 433
-
Corporate
30 360
71 500
-
-
income
7 894
18 590
-
-
total
7 894
18 590
-
-
Dividends
22 466
52 910
-
-
withholding
3 371
7 936
-
-
total
3 371
7 936
-
-
Income
71 500
71 500
71 500
71 500
Total tax
29 737
26 526
33 797
32 226
After tax
41 763
44 974
37 703
39 274
Living cost
22 667
22 667
22 667
22 667
Free-cash
19 096
22 307
15 036
16 607

Estimated living cost  is ₽22667 per week

₽13685
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1971
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽527
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6486
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽10397
₽8154
₽11231
₽7219
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
71 500
municipal
-
-
-
425
regional
-
-
-
1 077
national
-
-
-
13 191
social contributions
-
-
-
18 391
total
-
-
-
33 084
Employee
55 980
-
71 500
-
social contributions
18 877
-
24 109
-
regional
754
-
962
-
municipal
297
-
379
-
national
8 869
-
11 646
-
total
28 797
-
37 096
-
Employer
55 980
-
71 500
-
total
-
-
-
-
Corporate
15 520
71 500
-
-
nationa
3 725
17 159
-
-
municipal
772
3 554
-
-
total
4 497
20 713
-
-
Dividends
11 023
50 786
-
-
withholding
2 867
13 205
-
-
total
2 867
13 205
-
-
Income
71 500
71 500
71 500
71 500
Total tax
36 161
33 918
37 096
33 084
After tax
35 339
37 582
34 404
38 416
Living cost
27 185
27 185
27 185
27 185
Free-cash
8 154
10 397
7 219
11 231

Estimated living cost  is ₽27185 per week

₽16906
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2754
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽465
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7059
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽19445
₽8819
₽5041
₽6501
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
71 500
income
-
-
-
6 145
health
-
-
-
9 653
solidarity contribution
-
-
-
-
social contributions
-
-
-
20 878
total
-
-
-
36 676
Employee
43 799
-
53 358
-
social contributions
2 847
-
3 468
-
health
5 913
-
7 203
-
solidarity contribution
-
-
-
-
income
5 256
-
6 403
-
total
14 016
-
17 074
-
Employer
43 799
-
53 358
-
social contributions
10 950
-
13 340
-
health
3 942
-
4 802
-
total
14 892
-
18 142
-
Corporate
12 809
71 500
-
-
income
2 434
13 585
-
-
total
2 434
13 585
-
-
Dividends
10 375
57 915
-
-
withholding
1 556
8 687
-
-
total
1 556
8 687
-
-
Income
71 500
71 500
71 500
71 500
Total tax
32 898
22 272
35 216
36 676
After tax
38 602
49 228
36 284
34 824
Living cost
29 783
29 783
29 783
29 783
Free-cash
8 819
19 445
6 501
5 041

Estimated living cost  is ₽29783 per week

₽22149
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1650
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽515
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5469
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽8487
₽7989
₽6531
-₽6853
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
71 500
chamber of commerce
-
-
-
285
income
-
-
-
7 601
pensions
-
-
-
13 228
unemployment
-
-
-
6 190
health
-
-
-
5 469
surtax
-
-
-
-
total
-
-
-
32 773
Employee
44 114
40 217
55 521
-
other
440
402
555
-
health
1 706
1 557
2 149
-
income
3 930
2 966
7 199
-
pensions
4 518
4 117
5 686
-
unemployment
1 323
1 207
1 666
-
total
11 917
10 249
17 255
-
Employer
44 114
40 217
55 521
-
accident
573
523
722
-
other
2 095
1 909
2 637
-
chamber of commerce
176
161
222
-
unemployment
1 323
1 207
1 666
-
surtax
-
-
-
-
pensions
5 537
5 048
6 967
-
payroll
1 323
1 207
1 666
-
health
1 668
1 521
2 099
-
total
12 695
11 576
15 979
-
Corporate
14 691
19 708
51 690
-
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.

3 673
4 928
12 923
-
total
3 673
4 928
12 923
-
Dividends
11 018
14 781
-
-
withholding
3 030
4 064
-
-
total
3 030
4 064
-
-
Income
71 500
71 500
71 500
71 500
Total tax
31 315
30 817
46 157
32 773
After tax
40 185
40 683
25 343
38 727
Living cost
32 196
32 196
32 196
32 196
Free-cash
7 989
8 487
-6 853
6 531

Estimated living cost  is ₽32196 per week

₽19314
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3288
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.
₽9020
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽53776
₽51123
₽56636
₽43051
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
71 500
microenterprise

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

-
-
-
715
total
-
-
-
715
Employee
17 686
-
71 500
-
income
3 537
-
14 300
-
total
3 537
-
14 300
-
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%.

53 814
71 500
-
-
total
-
-
-
-
Dividends
53 814
71 500
-
-
withholding
2 691
3 575
-
-
total
2 691
3 575
-
-
Income
71 500
71 500
71 500
71 500
Total tax
6 228
3 575
14 300
715
After tax
65 272
67 925
57 200
70 785
Living cost
14 149
14 149
14 149
14 149
Free-cash
51 123
53 776
43 051
56 636

Estimated living cost  is ₽14149 per week

₽9574
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽594
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽474
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3505
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽22159
₽13719
₽11214
₽9167
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
71 500
income
-
-
-
13 018
pensions
-
-
-
13 057
unemployment
-
-
-
107
health
-
-
-
7 036
total
-
-
-
33 218
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.

44 626
-
61 869
-
health
2 882
-
3 997
-
income
7 696
-
11 963
-
pensions
6 917
-
9 589
-
unemployment
63
-
86
-
total
17 558
-
25 635
-
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.

44 626
-
61 869
-
unemployment
27
-
36
-
pensions
3 949
-
5 475
-
health
2 972
-
4 119
-
total
6 948
-
9 630
-
Corporate
19 926
71 500
-
-
income
3 786
13 586
-
-
total
3 786
13 586
-
-
Dividends
16 140
57 914
-
-
withholding
2 421
8 687
-
-
total
2 421
8 687
-
-
Income
71 500
71 500
71 500
71 500
Total tax
30 713
22 273
35 265
33 218
After tax
40 787
49 227
36 235
38 282
Living cost
27 068
27 068
27 068
27 068
Free-cash
13 719
22 159
9 167
11 214

Estimated living cost  is ₽27068 per week

₽18576
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1735
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6234
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽79
-₽79094
₽5832
₽14633
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
71 500
income
-
-
-
13 937
social contributions
-
-
-
8 151
total
-
-
-
22 088
Employee
62 487
-
-
-
social contributions
5 124
-
730
-
income
13 783
-
-
-
total
18 907
-
730
-
Employer
62 487
-
-
-
social contributions
88 107
-
12 557
-
total
88 107
-
12 557
-
Corporate
-
71 500
-
-
income
-
15 730
-
-
total
-
15 730
-
-
Dividends
-
55 770
-
-
income
-
12 269
-
-
total
-
12 269
-
-
Income
71 500
71 500
71 500
71 500
Total tax
107 014
27 999
13 287
22 088
After tax
-35 514
43 501
58 213
49 412
Living cost
43 580
43 580
43 580
43 580
Free-cash
-79 094
-79
14 633
5 832

Estimated living cost  is ₽43580 per week

₽28276
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4099
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽555
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10649
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽9015
₽8000
₽9080
₽6503
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
71 500
income
-
-
-
5 920
surtax
-
-
-
-
social contributions

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

-
-
-
24 846
total
-
-
-
30 766
Employee
46 414
-
57 778
-
social contributions
5 106
-
6 356
-
surtax
-
-
-
-
income
9 654
-
13 265
-
total
14 760
-
19 621
-
Employer
46 414
-
57 778
-
social contributions
11 023
-
13 722
-
total
11 023
-
13 722
-
Corporate
14 063
71 500
-
-
surtax
-
-
-
-
income
2 953
15 014
-
-
total
2 953
15 014
-
-
Dividends
11 110
56 486
-
-
withholding
3 110
15 817
-
-
total
3 110
15 817
-
-
Income
71 500
71 500
71 500
71 500
Total tax
31 846
30 831
33 343
30 766
After tax
39 654
40 669
38 157
40 734
Living cost
31 654
31 654
31 654
31 654
Free-cash
8 000
9 015
6 503
9 080

Estimated living cost  is ₽31654 per week

₽23684
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1867
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽529
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5575
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽12705
-₽11447
-₽6197
-₽5883
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
71 500
income
-
-
-
3 876
pensions
-
-
-
20 208
other
-
-
-
2 216
health
-
-
-
619
surtax
-
-
-
-
social contributions
-
-
-
2 036
total
-
-
-
28 955
Employee
63 206
-
54 483
-
social contributions
1 800
-
1 553
-
surtax
-
-
-
-
income
5 515
-
3 913
-
pensions
7 149
-
6 163
-
total
14 464
-
11 629
-
Employer
63 206
-
54 483
-
other
2 181
-
1 879
-
social contributions
190
-
163
-
unemployment
2 560
-
2 206
-
pensions
10 386
-
8 951
-
health
4 424
-
3 813
-
total
19 741
-
17 012
-
Corporate
-
71 500
-
-
surtax
-
-
-
-
income
-
20 020
-
-
total
-
20 020
-
-
Dividends
-
51 480
-
-
surtax
-
-
-
-
social contributions
-
8 853
-
-
withholding
-
6 590
-
-
total
-
15 443
-
-
Income
71 500
71 500
71 500
71 500
Total tax
34 205
35 463
28 641
28 955
After tax
37 295
36 037
42 859
42 545
Living cost
48 742
48 742
48 742
48 742
Free-cash
-11 447
-12 705
-5 883
-6 197

Estimated living cost  is ₽48742 per week

₽32987
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3987
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽668
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11098
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽34014
₽30624
₽24944
₽26948
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
71 500
income
-
-
-
490
social contributions
-
-
-
15 731
total
-
-
-
16 221
Employee
32 444
-
61 903
-
income
-
-
596
-
social contributions
2 109
-
4 024
-
total
2 109
-
4 620
-
Employer
32 444
-
61 903
-
social contributions
5 029
-
9 597
-
total
5 029
-
9 597
-
Corporate
34 027
71 500
-
-
income
3 403
7 151
-
-
total
3 403
7 151
-
-
Dividends
30 624
64 349
-
-
total
-
-
-
-
Income
71 500
71 500
71 500
71 500
Total tax
10 541
7 151
14 217
16 221
After tax
60 959
64 349
57 283
55 279
Living cost
30 335
30 335
30 335
30 335
Free-cash
30 624
34 014
26 948
24 944

Estimated living cost  is ₽30335 per week

₽19614
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2287
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽571
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7863
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽148471
-₽148471
-₽3082
-₽148471
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
71 500
municipal
-
-
-
12 300
pensions
-
-
-
875
national
-
-
-
7 134
labour market
-
-
-
5 650
total
-
-
-
25 959
Employee
205 225
205 225
205 225
-
labour market
16 395
16 395
16 395
-
national
25 072
25 072
25 072
-
municipal
43 701
43 701
43 701
-
pensions
292
292
292
-
total
85 460
85 460
85 460
-
Employer
205 225
205 225
205 225
-
labour market
16 418
16 418
16 418
-
municipal
43 771
43 771
43 771
-
pensions
583
583
583
-
national
25 116
25 116
25 116
-
total
85 888
85 888
85 888
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
71 500
71 500
71 500
71 500
Total tax
171 348
171 348
171 348
25 959
After tax
-99 848
-99 848
-99 848
45 541
Living cost
48 623
48 623
48 623
48 623
Free-cash
-148 471
-148 471
-148 471
-3 082

Estimated living cost  is ₽48623 per week

₽33278
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4301
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽748
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10296
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽15951
₽2456
₽27513
₽14861
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
71 500
accident
-
-
-
253
income
-
-
-
15 257
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
22 244
Employee
34 203
-
59 395
-
health
3 917
-
6 801
-
income
4 692
-
9 302
-
pensions
3 852
-
6 688
-
total
12 461
-
22 791
-
Employer
34 203
-
59 395
-
accident
571
-
992
-
unemployment
838
-
1 455
-
pensions
5 561
-
9 658
-
total
6 970
-
12 105
-
Corporate
30 326
71 500
-
-
income

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

27 294
64 350
-
-
total
27 294
64 350
-
-
Dividends
3 032
7 150
-
-
withholding
576
1 358
-
-
total
576
1 358
-
-
Income
71 500
71 500
71 500
71 500
Total tax
47 301
65 708
34 896
22 244
After tax
24 199
5 792
36 604
49 256
Living cost
21 743
21 743
21 743
21 743
Free-cash
2 456
-15 951
14 861
27 513

Estimated living cost  is ₽21743 per week

₽15827
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1239
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽408
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4269
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽10181
₽5803
₽14822
₽4371
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
71 500
municipal
-
-
-
12 747
health
-
-
-
680
national
-
-
-
4 506
total
-
-
-
17 933
Employee
53 094
-
60 151
-
health
396
-
506
-
municipal
8 696
-
9 844
-
pensions
3 583
-
4 060
-
unemployment
797
-
902
-
national
877
-
1 724
-
total
14 349
-
17 036
-
Employer
53 094
-
60 151
-
accident
54
-
59
-
unemployment
345
-
391
-
pensions
9 212
-
10 435
-
health
408
-
463
-
total
10 019
-
11 348
-
Corporate
8 388
71 500
-
-
income
1 678
14 300
-
-
total
1 678
14 300
-
-
Dividends

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

5 033
42 900
-
-
national
-
552
-
-
municipal
906
7 722
-
-
total
906
8 274
-
-
Income
71 500
71 500
71 500
71 500
Total tax
26 952
22 574
28 384
17 933
After tax
44 548
48 926
43 116
53 567
Living cost
38 745
38 745
38 745
38 745
Free-cash
5 803
10 181
4 371
14 822

Estimated living cost  is ₽38745 per week

₽25308
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3727
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽617
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9095
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽25317
₽23651
₽30678
₽27494
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
71 500
income
-
-
-
4 481
health
-
-
-
1 823
social contributions
-
-
-
11 153
total
-
-
-
17 457
Employee
77 600
77 600
77 600
-
social contributions
2 934
6 440
5 387
-
health
601
1 319
1 103
-
income
8 449
7 183
7 563
-
total
11 984
14 942
14 053
-
Employer
77 600
77 600
77 600
-
social contributions
2 934
6 440
5 387
-
health
653
1 436
1 201
-
total
3 587
7 876
6 588
-
Corporate
32 563
-
-
-
income
4 070
-
-
-
total
4 070
-
-
-
Dividends
28 494
-
-
-
withholding
4 843
-
-
-
total
4 843
-
-
-
Income
71 500
71 500
71 500
71 500
Total tax
24 484
22 818
20 641
17 457
After tax
47 016
48 682
50 859
54 043
Living cost
23 365
23 365
23 365
23 365
Free-cash
23 651
25 317
27 494
30 678

Estimated living cost  is ₽23365 per week

₽14003
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2292
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.
₽6553
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽43186
₽38050
₽38980
₽28182
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
71 500
income
-
-
-
6 397
pensions
-
-
-
6 419
unemployment
-
-
-
29
health
-
-
-
3 652
total
-
-
-
16 497
Employee

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

23 164
-
64 822
-
health
1 969
-
5 510
-
income
1 584
-
5 062
-
pensions
3 474
-
9 723
-
unemployment
115
-
324
-
total
7 142
-
20 619
-
Employer

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

23 164
-
64 822
-
unemployment
115
-
324
-
pensions
1 274
-
3 566
-
health
996
-
2 786
-
total
2 385
-
6 676
-
Corporate
45 952
71 500
-
-
income
4 137
6 435
-
-
total
4 137
6 435
-
-
Dividends
41 815
65 065
-
-
withholding
3 763
5 856
-
-
total
3 763
5 856
-
-
Income
71 500
71 500
71 500
71 500
Total tax
17 427
12 291
27 295
16 497
After tax
54 073
59 209
44 205
55 003
Living cost
16 023
16 023
16 023
16 023
Free-cash
38 050
43 186
28 182
38 980

Estimated living cost  is ₽16023 per week

₽10223
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1155
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽4167
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽20493
₽15198
₽10797
₽11302
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
71 500
accident
-
-
-
643
income
-
-
-
11 503
pensions
-
-
-
20 235
other
-
-
-
71
unemployment
-
-
-
500
total
-
-
-
32 952
Employee
37 315
-
54 214
-
other
36
-
54
-
income
7 194
-
11 717
-
pensions
1 754
-
2 549
-
unemployment
578
-
841
-
total
9 562
-
15 161
-
Employer
37 315
-
54 214
-
accident
739
-
1 074
-
other
299
-
435
-
unemployment
2 053
-
2 982
-
pensions
8 806
-
12 795
-
total
11 897
-
17 286
-
Corporate
22 289
71 500
-
-
income

The general rate of corporate tax is 25%. The lower rate of 15% is introduced for newly formed companies which applies during the first two years of operation in which taxable profit is made. We use the lower rate in our model.

3 344
10 724
-
-
total
3 344
10 724
-
-
Dividends
18 945
60 776
-
-
withholding
3 748
12 532
-
-
total
3 748
12 532
-
-
Income
71 500
71 500
71 500
71 500
Total tax
28 551
23 256
32 447
32 952
After tax
42 949
48 244
39 053
38 548
Living cost
27 751
27 751
27 751
27 751
Free-cash
15 198
20 493
11 302
10 797

Estimated living cost  is ₽27751 per week

₽18731
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2668
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.
₽5866
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽41860
₽41406
₽42101
₽41903
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
71 500
income
-
-
-
23 176
pensions
-
-
-
2 010
health
-
-
-
1 457
total
-
-
-
26 643
Employee
4 198
-
69 238
-
health
210
-
503
-
income
812
-
23 070
-
pensions
378
-
905
-
unemployment
42
-
101
-
total
1 442
-
24 579
-
Employer
4 198
-
69 238
-
unemployment
84
-
201
-
pensions
462
-
1 106
-
health
399
-
955
-
total
945
-
2 262
-
Corporate
66 358
71 500
-
-
income
14 599
15 730
-
-
total
14 599
15 730
-
-
Dividends
51 759
55 770
-
-
withholding
10 352
11 154
-
-
total
10 352
11 154
-
-
Income
71 500
71 500
71 500
71 500
Total tax
27 338
26 884
26 841
26 643
After tax
44 162
44 616
44 659
44 857
Living cost
2 756
2 756
2 756
2 756
Free-cash
41 406
41 860
41 903
42 101

Estimated living cost  is ₽2756 per week

₽1638
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽223
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽63
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽832
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽34206
₽29241
₽17544
₽20240
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
71 500
income
-
-
-
9 476
pensions
-
-
-
18 590
unemployment
-
-
-
1 072
health
-
-
-
7 365
total
-
-
-
36 503
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.

26 319
-
60 645
-
health
1 355
-
3 123
-
income
3 628
-
10 884
-
pensions
3 685
-
8 490
-
unemployment
197
-
455
-
total
8 865
-
22 952
-
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.

26 319
-
60 645
-
unemployment
197
-
455
-
pensions
3 158
-
7 277
-
health
1 355
-
3 123
-
total
4 710
-
10 855
-
Corporate
40 470
71 500
-
-
income
6 071
10 725
-
-
total
6 071
10 725
-
-
Dividends
34 400
60 775
-
-
withholding
5 160
9 116
-
-
total
5 160
9 116
-
-
Income
71 500
71 500
71 500
71 500
Total tax
24 806
19 841
33 807
36 503
After tax
46 694
51 659
37 693
34 997
Living cost
17 453
17 453
17 453
17 453
Free-cash
29 241
34 206
20 240
17 544

Estimated living cost  is ₽17453 per week

₽11751
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1350
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽505
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3847
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽13463
₽13100
₽13528
₽10951
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
71 500
income
-
-
-
5 920
surtax
-
-
-
-
social contributions

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

-
-
-
24 846
total
-
-
-
30 766
Employee
39 168
-
57 778
-
social contributions
4 309
-
6 356
-
surtax
-
-
-
-
income
7 653
-
13 265
-
total
11 962
-
19 621
-
Employer
39 168
-
57 778
-
social contributions
9 302
-
13 722
-
total
9 302
-
13 722
-
Corporate
23 030
71 500
-
-
surtax
-
-
-
-
income
4 836
15 014
-
-
total
4 836
15 014
-
-
Dividends
18 195
56 486
-
-
withholding
5 094
15 817
-
-
total
5 094
15 817
-
-
Income
71 500
71 500
71 500
71 500
Total tax
31 194
30 831
33 343
30 766
After tax
40 306
40 669
38 157
40 734
Living cost
27 206
27 206
27 206
27 206
Free-cash
13 100
13 463
10 951
13 528

Estimated living cost  is ₽27206 per week

₽19270
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1890
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽483
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5565
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽12777
₽4971
₽3081
₽3586
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
71 500
accident
-
-
-
643
income
-
-
-
11 503
pensions
-
-
-
20 235
other
-
-
-
71
unemployment
-
-
-
500
total
-
-
-
32 952
Employee
48 738
-
54 214
-
other
48
-
54
-
income
10 180
-
11 717
-
pensions
2 290
-
2 549
-
unemployment
755
-
841
-
total
13 273
-
15 161
-
Employer
48 738
-
54 214
-
accident
965
-
1 074
-
other
391
-
435
-
unemployment
2 681
-
2 982
-
pensions
11 502
-
12 795
-
total
15 539
-
17 286
-
Corporate
7 223
71 500
-
-
income

The general rate of corporate tax is 25%. The lower rate of 15% is introduced for newly formed companies which applies during the first two years of operation in which taxable profit is made. We use the lower rate in our model.

1 084
10 724
-
-
total
1 084
10 724
-
-
Dividends
6 139
60 776
-
-
withholding
1 166
12 532
-
-
total
1 166
12 532
-
-
Income
71 500
71 500
71 500
71 500
Total tax
31 062
23 256
32 447
32 952
After tax
40 438
48 244
39 053
38 548
Living cost
35 467
35 467
35 467
35 467
Free-cash
4 971
12 777
3 586
3 081

Estimated living cost  is ₽35467 per week

₽25471
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2758
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽500
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6739
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽43761
₽37609
₽33988
₽35643
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
71 500
income
-
-
-
10 725
pensions

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

-
-
-
5 220
unemployment
-
-
-
141
health
-
-
-
4 056
total
-
-
-
20 142
Employee
23 001
-
64 580
-
health
1 058
-
1 622
-
accident

We are using the highest rate at 1.1%.

253
-
388
-
income
2 300
-
6 458
-
pensions

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

2 019
-
3 097
-
total
5 630
-
11 565
-
Employer
23 001
-
64 580
-
accident

We are using the highest rate at 1.1%.

253
-
388
-
unemployment
138
-
212
-
pensions

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

2 535
-
3 887
-
health
1 587
-
2 434
-
total
4 513
-
6 921
-
Corporate
43 986
71 500
-
-
income
4 398
7 150
-
-
total
4 398
7 150
-
-
Dividends
39 588
64 350
-
-
withholding
1 979
3 218
-
-
total
1 979
3 218
-
-
Income
71 500
71 500
71 500
71 500
Total tax
16 520
10 368
18 486
20 142
After tax
54 980
61 132
53 014
51 358
Living cost
17 370
17 370
17 370
17 370
Free-cash
37 609
43 761
35 643
33 988

Estimated living cost  is ₽17370 per week

₽11489
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽994
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽414
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4474
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽1990
₽11215
₽11025
₽14553
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
71 500
trade
-
-
-
3 528
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.

-
-
-
10 514
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.

-
-
-
6 894
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.

-
-
-
578
total
-
-
-
21 514
Employee

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

50 212
-
71 500
-
health

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

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

6 894
-
6 894
-
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.

228
-
578
-
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.

4 129
-
10 514
-
total
11 251
-
17 986
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
21 288
71 500
-
-
surtax

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

176
590
-
-
income
3 192
10 724
-
-
trade
3 055
10 261
-
-
chamber of commerce
184
259
-
-
total
6 607
21 834
-
-
Dividends
14 681
49 666
-
-
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.

180
663
-
-
withholding
3 286
12 032
-
-
total
3 466
12 695
-
-
Income
71 500
71 500
71 500
71 500
Total tax
21 324
34 529
17 986
21 514
After tax
50 176
36 971
53 514
49 986
Living cost
38 961
38 961
38 961
38 961
Free-cash
11 215
-1 990
14 553
11 025

Estimated living cost  is ₽38961 per week

₽26876
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4192
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.
₽7327
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽7438
-₽7441
-₽3645
-₽3645
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
71 500
income
-
-
-
11 920
social contributions
-
-
-
5 738
total
-
-
-
17 658
Employee
78 939
-
71 500
-
income
14 896
-
11 920
-
social contributions
6 558
-
5 738
-
total
21 454
-
17 658
-
Employer
78 939
-
71 500
-
total
-
-
-
-
Corporate
-
71 500
-
-
income
-
8 938
-
-
total
-
8 938
-
-
Dividends
-
62 562
-
-
withholding
-
12 513
-
-
total
-
12 513
-
-
Income
71 500
71 500
71 500
71 500
Total tax
21 454
21 451
17 658
17 658
After tax
50 046
50 049
53 842
53 842
Living cost
57 487
57 487
57 487
57 487
Free-cash
-7 441
-7 438
-3 645
-3 645

Estimated living cost  is ₽57487 per week

₽43735
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4684
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽550
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8518
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽4511
₽10357
-₽600
₽15420
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
71 500
income
-
-
-
28 726
health

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

-
-
-
6 741
total
-
-
-
35 467
Employee
46 295
-
66 858
-
income
5 023
-
10 163
-
social contributions
4 638
-
4 642
-
total
9 661
-
14 805
-
Employer
46 295
-
66 858
-
social contributions
4 638
-
4 642
-
total
4 638
-
4 642
-
Corporate
20 567
71 500
-
-
income
7 199
25 024
-
-
total
7 199
25 024
-
-
Dividends
13 368
46 476
-
-
social contributions
3 012
5 332
-
-
total
3 012
5 332
-
-
Income
71 500
71 500
71 500
71 500
Total tax
24 510
30 356
19 447
35 467
After tax
46 990
41 144
52 053
36 033
Living cost
36 633
36 633
36 633
36 633
Free-cash
10 357
4 511
15 420
-600

Estimated living cost  is ₽36633 per week

₽24130
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2888
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽561
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9053
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽15957
₽10241
₽15791
₽8121
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
71 500
income
-
-
-
13 350
pensions
-
-
-
4 744
total
-
-
-
18 094
Employee
51 632
-
63 447
-
health
674
-
917
-
income
9 403
-
11 434
-
pensions
3 941
-
5 359
-
total
14 018
-
17 710
-
Employer
51 632
-
63 447
-
pensions
5 217
-
6 847
-
health
981
-
1 207
-
total
6 198
-
8 054
-
Corporate
13 670
71 500
-
-
income

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

2 598
13 584
-
-
total
2 598
13 584
-
-
Dividends
11 072
57 916
-
-
withholding
830
4 344
-
-
total
830
4 344
-
-
Income
71 500
71 500
71 500
71 500
Total tax
23 644
17 928
25 764
18 094
After tax
47 856
53 572
45 736
53 406
Living cost
37 615
37 615
37 615
37 615
Free-cash
10 241
15 957
8 121
15 791

Estimated living cost  is ₽37615 per week

₽25804
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3459
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽471
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7879
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽18104
₽2124
₽25360
₽12708
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
71 500
accident
-
-
-
253
income
-
-
-
15 257
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
22 244
Employee
37 589
-
59 395
-
health
4 304
-
6 801
-
income
5 157
-
9 302
-
pensions
4 233
-
6 688
-
total
13 694
-
22 791
-
Employer
37 589
-
59 395
-
accident
628
-
992
-
unemployment
921
-
1 455
-
pensions
6 112
-
9 658
-
total
7 661
-
12 105
-
Corporate
26 251
71 500
-
-
income

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

23 626
64 350
-
-
total
23 626
64 350
-
-
Dividends
2 625
7 150
-
-
withholding
499
1 358
-
-
total
499
1 358
-
-
Income
71 500
71 500
71 500
71 500
Total tax
45 480
65 708
34 896
22 244
After tax
26 020
5 792
36 604
49 256
Living cost
23 896
23 896
23 896
23 896
Free-cash
2 124
-18 104
12 708
25 360

Estimated living cost  is ₽23896 per week

₽17537
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1392
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽481
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4485
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47144
₽42236
₽28025
₽28025
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
71 500
work injury
-
-
-
358
health insurance
-
-
-
5 291
income
-
-
-
10 181
pensions
-
-
-
13 156
unemployment
-
-
-
858
total
-
-
-
29 844
Employee

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

21 810
-
71 500
-
work injury
109
-
358
-
income
2 181
-
10 181
-
pensions
4 013
-
13 156
-
health insurance
1 614
-
5 291
-
unemployment
262
-
858
-
total
8 179
-
29 844
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
49 690
71 500
-
-
income

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

-
-
-
-
total
-
-
-
-
Dividends
49 690
71 500
-
-
withholding
7 454
10 725
-
-
total
7 454
10 725
-
-
Income
71 500
71 500
71 500
71 500
Total tax
15 633
10 725
29 844
29 844
After tax
55 867
60 775
41 656
41 656
Living cost
13 631
13 631
13 631
13 631
Free-cash
42 236
47 144
28 025
28 025

Estimated living cost  is ₽13631 per week

₽8445
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽991
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽425
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3771
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽2542
-₽13540
-₽1927
-₽5891
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
71 500
municipal
-
-
-
479
regional
-
-
-
1 163
national
-
-
-
13 191
social contributions
-
-
-
18 391
total
-
-
-
33 224
Employee
85 039
-
71 500
-
social contributions
28 675
-
24 109
-
regional
1 284
-
1 006
-
municipal
507
-
427
-
national
14 371
-
11 646
-
total
44 837
-
37 188
-
Employer
85 039
-
71 500
-
total
-
-
-
-
Corporate
-
71 500
-
-
nationa
-
17 159
-
-
municipal
-
3 447
-
-
total
-
20 606
-
-
Dividends
-
50 894
-
-
withholding
-
13 233
-
-
total
-
13 233
-
-
Income
71 500
71 500
71 500
71 500
Total tax
44 837
33 839
37 188
33 224
After tax
26 663
37 661
34 312
38 276
Living cost
40 203
40 203
40 203
40 203
Free-cash
-13 540
-2 542
-5 891
-1 927

Estimated living cost  is ₽40203 per week

₽28240
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2765
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽607
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8589
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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