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
₽ 72000
per

Your estimated
City
free-cash

Dresden , Germany
₽5708
₽16947
₽19207
₽23105
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
72 000
trade
-
-
-
3 898
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.

-
-
-
10 588
health

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

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

-
-
-
6 943
surtax

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

-
-
-
582
total
-
-
-
22 011
Employee

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

38 870
-
72 000
-
health

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

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

6 943
-
6 943
-
surtax

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

60
-
582
-
income

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

1 086
-
10 588
-
total
8 089
-
18 113
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
33 130
72 000
-
-
surtax

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

274
594
-
-
income
4 970
10 800
-
-
trade
5 219
11 340
-
-
chamber of commerce
202
258
-
-
total
10 665
22 992
-
-
Dividends
22 465
49 008
-
-
surtax

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

287
652
-
-
withholding
5 230
11 866
-
-
total
5 517
12 518
-
-
Income
72 000
72 000
72 000
72 000
Total tax
24 271
35 510
18 113
22 011
After tax
47 729
36 490
53 887
49 989
Living cost
30 782
30 782
30 782
30 782
Free-cash
16 947
5 708
23 105
19 207

Estimated living cost  is ₽30782 per week

₽19363
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3589
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽575
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7255
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Nationals of Europe, Australia, Canada, Israel, Japan, the Republic of Korea, New Zealand and the USA do not require an entry type D visa (not to confuse with a Schengen visa or a visa-free entry). For other nationals, waiting time is around 6-9 months which includes document preparation and processing.

Source of data for Dresden model

Close
Reykjavik , Iceland
-₽6347
-₽14698
-₽6882
-₽6316
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
72 000
municipal
-
-
-
7 136
pensions
-
-
-
8 640
national
-
-
-
11 057
social contributions
-
-
-
774
total
-
-
-
27 607
Employee
79 485
-
62 243
-
municipal
9 818
-
7 414
-
pensions
3 179
-
2 490
-
national
15 213
-
11 489
-
total
28 210
-
21 393
-
Employer
79 485
-
62 243
-
social contributions
854
-
669
-
pensions
6 359
-
4 979
-
total
7 213
-
5 648
-
Corporate
-
72 000
-
-
income

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

-
14 400
-
-
total
-
14 400
-
-
Dividends
-
57 600
-
-
withholding
-
12 672
-
-
total
-
12 672
-
-
Income
72 000
72 000
72 000
72 000
Total tax
35 423
27 072
27 041
27 607
After tax
36 577
44 928
44 959
44 393
Living cost
51 275
51 275
51 275
51 275
Free-cash
-14 698
-6 347
-6 316
-6 882

Estimated living cost  is ₽51275 per week

₽34851
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4766
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽767
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10890
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

It is very difficult to get a residence permit on a basis of self-employment for a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit). EU/EFTA nationals and long-term EU resident permit holders can register self-employed and apply for a permanent residence.

Source of data for Reykjavik model

Close
Riga , Latvia
₽36457
₽28122
₽36858
₽19778
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
72 000
microenterprise
-
-
-
10 800
income
-
-
-
-
surtax
-
-
-
-
social contributions

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

-
-
-
3 199
total
-
-
-
13 999
Employee
29 696
-
58 022
-
social contributions

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

3 267
-
6 382
-
surtax
-
-
-
-
income
5 286
-
10 720
-
total
8 553
-
17 102
-
Employer
29 696
-
58 022
-
social contributions

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

7 153
-
13 978
-
surtax
-
-
-
-
total
7 153
-
13 978
-
Corporate
35 151
72 000
-
-
income

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

7 030
14 400
-
-
total
7 030
14 400
-
-
Dividends

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

28 122
57 600
-
-
total
-
-
-
-
Income
72 000
72 000
72 000
72 000
Total tax
22 736
14 400
31 080
13 999
After tax
49 264
57 600
40 920
58 001
Living cost
21 142
21 142
21 142
21 142
Free-cash
28 122
36 457
19 778
36 858

Estimated living cost  is ₽21142 per week

₽13488
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2013
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽480
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5161
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Riga model

Close
Rotterdam , Netherlands
-₽23211
-₽28915
-₽1539
-₽28915
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
72 000
income
-
-
-
8 572
pensions
-
-
-
11 907
health
-
-
-
10 487
total
-
-
-
30 966
Employee
86 784
86 784
86 784
-
health
13 320
11 330
13 320
-
income

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

14 205
14 205
14 205
-
pensions
15 621
11 907
15 621
-
total
43 146
37 442
43 146
-
Employer
86 784
86 784
86 784
-
unemployment
3 124
3 124
3 124
-
pensions
6 040
6 040
6 040
-
health
6 032
6 032
6 032
-
total
15 196
15 196
15 196
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
72 000
72 000
72 000
72 000
Total tax
58 342
52 638
58 342
30 966
After tax
13 658
19 362
13 658
41 034
Living cost
42 573
42 573
42 573
42 573
Free-cash
-28 915
-23 211
-28 915
-1 539

Estimated living cost  is ₽42573 per week

₽30170
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3838
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽677
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7888
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rotterdam model

Close
Stockholm , Sweden
₽155
-₽1325
-₽3266
-₽707
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
72 000
municipal
-
-
-
15 251
accident
-
-
-
144
pensions
-
-
-
7 783
other
-
-
-
8 366
unemployment
-
-
-
72
health
-
-
-
4 493
national
-
-
-
-
total
-
-
-
36 109
Employee
55 795
-
54 786
-
municipal
16 638
-
16 337
-
national
-
-
-
-
total
16 638
-
16 337
-
Employer
55 795
-
54 786
-
accident
112
-
110
-
other
6 483
-
6 366
-
unemployment
1 473
-
1 446
-
pensions
6 031
-
5 922
-
health
3 431
-
3 369
-
total
17 530
-
17 213
-
Corporate
-
72 000
-
-
income
-
15 840
-
-
total
-
15 840
-
-
Dividends
-
56 160
-
-
withholding
-
16 848
-
-
total
-
16 848
-
-
Income
72 000
72 000
72 000
72 000
Total tax
34 168
32 688
33 550
36 109
After tax
37 832
39 312
38 450
35 891
Living cost
39 157
39 157
39 157
39 157
Free-cash
-1 325
155
-707
-3 266

Estimated living cost  is ₽39157 per week

₽25951
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3842
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽595
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8768
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Stockholm model

Close
Hamburg , Germany
-₽3803
₽10477
₽9893
₽13964
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
72 000
trade
-
-
-
4 071
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.

-
-
-
10 588
health

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

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

-
-
-
6 943
surtax

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

-
-
-
582
total
-
-
-
22 184
Employee

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

51 537
-
72 000
-
health

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

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

6 943
-
6 943
-
surtax

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

243
-
582
-
income

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

4 428
-
10 588
-
total
11 614
-
18 113
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
20 463
72 000
-
-
surtax

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

170
594
-
-
income
3 070
10 800
-
-
trade
3 365
11 843
-
-
chamber of commerce
183
256
-
-
total
6 788
23 493
-
-
Dividends
13 675
48 506
-
-
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.

166
646
-
-
withholding
3 032
11 741
-
-
total
3 198
12 387
-
-
Income
72 000
72 000
72 000
72 000
Total tax
21 600
35 880
18 113
22 184
After tax
50 400
36 120
53 887
49 816
Living cost
39 923
39 923
39 923
39 923
Free-cash
10 477
-3 803
13 964
9 893

Estimated living cost  is ₽39923 per week

₽26701
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4210
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽596
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8416
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Nationals of Europe, Australia, Canada, Israel, Japan, the Republic of Korea, New Zealand and the USA do not require an entry type D visa (not to confuse with a Schengen visa or a visa-free entry). For other nationals, waiting time is around 6-9 months which includes document preparation and processing.

Source of data for Hamburg model

Close
Limassol , Cyprus
₽16057
₽15697
₽21459
₽18252
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
72 000
income
-
-
-
4 511
health
-
-
-
1 836
social contributions
-
-
-
11 232
total
-
-
-
17 579
Employee
78 145
78 145
78 145
-
social contributions
3 797
6 486
5 425
-
health
777
1 329
1 111
-
income
8 206
7 234
7 616
-
total
12 780
15 049
14 152
-
Employer
78 145
78 145
78 145
-
social contributions
3 797
6 486
5 425
-
health
847
1 446
1 209
-
total
4 644
7 932
6 634
-
Corporate
21 613
-
-
-
income
2 702
-
-
-
total
2 702
-
-
-
Dividends
18 911
-
-
-
withholding
3 215
-
-
-
total
3 215
-
-
-
Income
72 000
72 000
72 000
72 000
Total tax
23 341
22 981
20 786
17 579
After tax
48 659
49 019
51 214
54 421
Living cost
32 962
32 962
32 962
32 962
Free-cash
15 697
16 057
18 252
21 459

Estimated living cost  is ₽32962 per week

₽22533
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2575
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽553
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7301
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Limassol model

Close
Budapest , Hungary
₽22259
₽22643
₽31469
₽23329
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
72 000
income
-
-
-
8 802
pensions
-
-
-
7 200
unemployment
-
-
-
1 080
health
-
-
-
5 040
total
-
-
-
22 122
Employee

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

The minimum wage is 138,000 HUF per month.

26 573
10 576
60 251
-
health
1 860
740
4 218
-
income
3 249
1 293
7 366
-
pensions
2 657
1 058
6 025
-
unemployment
399
159
904
-
total
8 165
3 250
18 513
-
Employer

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

The minimum wage is 138,000 HUF per month.

26 573
10 576
60 251
-
pensions
5 182
2 062
11 749
-
total
5 182
2 062
11 749
-
Corporate
40 245
59 362
-
-
income
3 622
5 343
-
-
total
3 622
5 343
-
-
Dividends
36 623
54 019
-
-
social contributions
7 021
10 413
-
-
withholding
6 958
10 264
-
-
total
13 979
20 677
-
-
Income
72 000
72 000
72 000
72 000
Total tax
30 948
31 332
30 262
22 122
After tax
41 052
40 668
41 738
49 878
Living cost
18 409
18 409
18 409
18 409
Free-cash
22 643
22 259
23 329
31 469

Estimated living cost  is ₽18409 per week

₽12562
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1506
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽368
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3972
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Budapest model

Close
Tallinn , Estonia
₽33054
₽26742
₽14088
₽16956
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
72 000
income
-
-
-
9 608
pensions
-
-
-
14 399
health
-
-
-
9 359
total
-
-
-
33 366
Employee
28 830
-
53 810
-
income
3 246
-
10 376
-
pensions
577
-
1 076
-
unemployment
461
-
860
-
total
4 284
-
12 312
-
Employer
28 830
-
53 810
-
unemployment
231
-
430
-
pensions
5 766
-
10 761
-
health
3 747
-
6 995
-
total
9 744
-
18 186
-
Corporate
33 425
72 000
-
-
income
6 684
14 400
-
-
total
6 684
14 400
-
-
Dividends
26 741
57 600
-
-
total
-
-
-
-
Income
72 000
72 000
72 000
72 000
Total tax
20 712
14 400
30 498
33 366
After tax
51 288
57 600
41 502
38 634
Living cost
24 546
24 546
24 546
24 546
Free-cash
26 742
33 054
16 956
14 088

Estimated living cost  is ₽24546 per week

₽16836
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1462
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽494
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5755
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Tallinn model

Close
Gdansk , Poland
-₽16364
₽2427
₽27404
₽14658
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
72 000
accident
-
-
-
255
income
-
-
-
15 373
pensions
-
-
-
4 198
other
-
-
-
374
health
-
-
-
2 200
total
-
-
-
22 400
Employee
34 915
-
59 811
-
health
3 998
-
6 848
-
income
4 790
-
9 374
-
pensions
3 932
-
6 735
-
total
12 720
-
22 957
-
Employer
34 915
-
59 811
-
accident
583
-
999
-
unemployment
855
-
1 465
-
pensions
5 677
-
9 725
-
total
7 115
-
12 189
-
Corporate
29 969
72 000
-
-
income

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

26 972
64 800
-
-
total
26 972
64 800
-
-
Dividends
2 997
7 200
-
-
withholding
570
1 368
-
-
total
570
1 368
-
-
Income
72 000
72 000
72 000
72 000
Total tax
47 377
66 168
35 146
22 400
After tax
24 623
5 832
36 854
49 600
Living cost
22 196
22 196
22 196
22 196
Free-cash
2 427
-16 364
14 658
27 404

Estimated living cost  is ₽22196 per week

₽16268
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1230
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽463
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4236
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Gdansk model

Close
Batumi , Georgia
₽59138
₽57402
₽62018
₽48338
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
72 000
microenterprise

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

-
-
-
720
total
-
-
-
720
Employee
11 577
-
72 000
-
income
2 315
-
14 400
-
total
2 315
-
14 400
-
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%.

60 423
72 000
-
-
total
-
-
-
-
Dividends
60 423
72 000
-
-
withholding
3 021
3 600
-
-
total
3 021
3 600
-
-
Income
72 000
72 000
72 000
72 000
Total tax
5 336
3 600
14 400
720
After tax
66 664
68 400
57 600
71 280
Living cost
9 262
9 262
9 262
9 262
Free-cash
57 402
59 138
48 338
62 018

Estimated living cost  is ₽9262 per week

₽5740
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽770
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽255
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2498
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Social security system in Georgia is financed from the government taxes which are part of our internal model. Separate pension and medical insurance contributions are not compulsory. It is advisable to purchase health insurance privately as in an event of medical emergency the treatment is likely to get costly.

Source of data for Batumi model

Close
Bratislava , Slovakia
₽25819
₽18955
₽11908
₽15123
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
72 000
income
-
-
-
9 145
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.

-
-
-
17 280
other
-
-
-
3 419
health
-
-
-
3 169
total
-
-
-
33 013
Employee
36 899
-
57 507
-
health
517
-
804
-
income
6 353
-
9 899
-
pensions

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

2 582
-
4 027
-
unemployment
368
-
575
-
total
9 820
-
15 305
-
Employer
36 899
-
57 507
-
accident
295
-
461
-
other
1 846
-
2 875
-
unemployment
368
-
575
-
pensions

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

6 274
-
9 778
-
health
517
-
804
-
total
9 300
-
14 493
-
Corporate
25 801
72 000
-
-
income
5 419
15 120
-
-
total
5 419
15 120
-
-
Dividends
20 382
56 880
-
-
withholding
1 427
3 982
-
-
total
1 427
3 982
-
-
Income
72 000
72 000
72 000
72 000
Total tax
25 966
19 102
29 798
33 013
After tax
46 034
52 898
42 202
38 987
Living cost
27 079
27 079
27 079
27 079
Free-cash
18 955
25 819
15 123
11 908

Estimated living cost  is ₽27079 per week

₽19133
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1828
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽436
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5681
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Bratislava model

Close
London , United Kingdom
-₽14465
-₽38054
-₽14626
-₽22342
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
72 000
income
-
-
-
13 446
pensions
-
-
-
4 771
total
-
-
-
18 217
Employee
96 788
-
63 897
-
health
1 595
-
921
-
income
17 447
-
11 518
-
pensions
9 337
-
5 391
-
total
28 379
-
17 830
-
Employer
96 788
-
63 897
-
pensions
11 428
-
6 889
-
health
1 838
-
1 214
-
total
13 266
-
8 103
-
Corporate
-
72 000
-
-
income

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

-
13 681
-
-
total
-
13 681
-
-
Dividends
-
58 319
-
-
withholding
-
4 375
-
-
total
-
4 375
-
-
Income
72 000
72 000
72 000
72 000
Total tax
41 645
18 056
25 933
18 217
After tax
30 355
53 944
46 067
53 783
Living cost
68 409
68 409
68 409
68 409
Free-cash
-38 054
-14 465
-22 342
-14 626

Estimated living cost  is ₽68409 per week

₽51260
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽8038
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽556
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8556
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

The only visa which will gain you entry to the UK as a freelancer is Tier 1 (with an exception of EU nationals or long-term UK residence permit holders, up until Brexit). There are two Tier 1 visa pathways.

You can either apply for an Entrepreneur visa which requires an investment of at least £200000 and creating two full time jobs, or choose an Exceptional Talent visa, which has no financial requirements but is more difficult to obtain.

Source of data for London model

Close
Varna , Bulgaria
₽48238
₽43519
₽38401
₽40072
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
72 000
income
-
-
-
10 800
pensions

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

-
-
-
5 253
unemployment
-
-
-
142
health
-
-
-
4 082
total
-
-
-
20 277
Employee
17 640
-
65 037
-
health
811
-
1 633
-
accident

We are using the highest rate at 1.1%.

194
-
390
-
income
1 764
-
6 504
-
pensions

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

1 549
-
3 116
-
total
4 318
-
11 643
-
Employer
17 640
-
65 037
-
accident

We are using the highest rate at 1.1%.

194
-
390
-
unemployment
105
-
213
-
pensions

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

1 944
-
3 911
-
health
1 218
-
2 449
-
total
3 461
-
6 963
-
Corporate
50 898
72 000
-
-
income
5 090
7 200
-
-
total
5 090
7 200
-
-
Dividends
45 808
64 800
-
-
withholding
2 290
3 240
-
-
total
2 290
3 240
-
-
Income
72 000
72 000
72 000
72 000
Total tax
15 159
10 440
18 606
20 277
After tax
56 841
61 560
53 394
51 723
Living cost
13 322
13 322
13 322
13 322
Free-cash
43 519
48 238
40 072
38 401

Estimated living cost  is ₽13322 per week

₽7778
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽951
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽353
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4240
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Varna model

Close
Amsterdam , Netherlands
-₽36991
-₽38715
-₽15319
-₽42695
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
72 000
income
-
-
-
8 572
pensions
-
-
-
11 907
health
-
-
-
10 487
total
-
-
-
30 966
Employee
94 220
86 784
86 784
-
health
11 754
11 330
13 320
-
income

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

14 205
14 205
14 205
-
pensions
11 907
11 907
15 621
-
total
37 866
37 442
43 146
-
Employer
94 220
86 784
86 784
-
unemployment
3 392
3 124
3 124
-
pensions
6 557
6 040
6 040
-
health
6 547
6 032
6 032
-
total
16 496
15 196
15 196
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
72 000
72 000
72 000
72 000
Total tax
54 362
52 638
58 342
30 966
After tax
17 638
19 362
13 658
41 034
Living cost
56 353
56 353
56 353
56 353
Free-cash
-38 715
-36 991
-42 695
-15 319

Estimated living cost  is ₽56353 per week

₽41570
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽5033
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽646
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9105
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Amsterdam model

Close
Brno , Czech Republic
₽25283
₽16618
₽10779
₽12247
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
72 000
income
-
-
-
6 188
health
-
-
-
9 720
solidarity contribution
-
-
-
-
social contributions
-
-
-
21 024
total
-
-
-
36 932
Employee
35 720
-
53 731
-
social contributions
2 322
-
3 493
-
health
4 822
-
7 254
-
solidarity contribution
-
-
-
-
income
4 286
-
6 448
-
total
11 430
-
17 195
-
Employer
35 720
-
53 731
-
social contributions
8 930
-
13 433
-
health
3 215
-
4 836
-
total
12 145
-
18 269
-
Corporate
24 135
72 000
-
-
income
4 586
13 680
-
-
total
4 586
13 680
-
-
Dividends
19 550
58 320
-
-
withholding
2 932
8 748
-
-
total
2 932
8 748
-
-
Income
72 000
72 000
72 000
72 000
Total tax
31 093
22 428
35 464
36 932
After tax
40 907
49 572
36 536
35 068
Living cost
24 289
24 289
24 289
24 289
Free-cash
16 618
25 283
12 247
10 779

Estimated living cost  is ₽24289 per week

₽16872
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1728
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽478
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5212
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Brno model

Close
Milan , Italy
-₽4468
-₽18318
-₽3855
-₽7922
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
72 000
municipal
-
-
-
428
regional
-
-
-
743
national
-
-
-
13 284
social contributions
-
-
-
18 518
total
-
-
-
32 973
Employee
90 319
-
72 000
-
social contributions
30 456
-
24 278
-
regional
852
-
653
-
municipal
478
-
382
-
national
15 650
-
11 727
-
total
47 436
-
37 040
-
Employer
90 319
-
72 000
-
total
-
-
-
-
Corporate
-
72 000
-
-
nationa
-
17 280
-
-
municipal
-
2 808
-
-
total
-
20 088
-
-
Dividends
-
51 912
-
-
withholding
-
13 498
-
-
total
-
13 498
-
-
Income
72 000
72 000
72 000
72 000
Total tax
47 436
33 586
37 040
32 973
After tax
24 564
38 414
34 960
39 027
Living cost
42 882
42 882
42 882
42 882
Free-cash
-18 318
-4 468
-7 922
-3 855

Estimated living cost  is ₽42882 per week

₽29892
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2812
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽658
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9519
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Milan model

Close
Thessaloniki , Greece
₽22863
₽19701
₽17124
₽15540
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
72 000
income
-
-
-
11 683
pensions
-
-
-
14 400
other
-
-
-
-
unemployment
-
-
-
231
health
-
-
-
5 113
surtax
-
-
-
1 024
total
-
-
-
32 451
Employee
33 607
-
59 480
-
other
-
-
-
-
health
858
-
1 516
-
surtax
110
-
904
-
income
5 633
-
10 987
-
pensions
2 241
-
3 967
-
unemployment
2 339
-
4 141
-
total
11 181
-
21 515
-
Employer
33 607
-
59 480
-
other
-
-
-
-
unemployment
1 065
-
1 886
-
pensions
4 480
-
7 928
-
health
1 529
-
2 706
-
total
7 074
-
12 520
-
Corporate
31 319
72 000
-
-
income
8 142
18 720
-
-
total
8 142
18 720
-
-
Dividends
23 177
53 280
-
-
withholding
3 477
7 992
-
-
total
3 477
7 992
-
-
Income
72 000
72 000
72 000
72 000
Total tax
29 874
26 712
34 035
32 451
After tax
42 126
45 288
37 965
39 549
Living cost
22 425
22 425
22 425
22 425
Free-cash
19 701
22 863
15 540
17 124

Estimated living cost  is ₽22425 per week

₽13712
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2069
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽517
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6127
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Thessaloniki model

Close
Cambridge , United Kingdom
₽7209
-₽1119
₽7048
-₽668
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
72 000
income
-
-
-
13 446
pensions
-
-
-
4 771
total
-
-
-
18 217
Employee
64 865
-
63 897
-
health
942
-
921
-
income
11 682
-
11 518
-
pensions
5 506
-
5 391
-
total
18 130
-
17 830
-
Employer
64 865
-
63 897
-
pensions
7 022
-
6 889
-
health
1 232
-
1 214
-
total
8 254
-
8 103
-
Corporate
-
72 000
-
-
income

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

-
13 681
-
-
total
-
13 681
-
-
Dividends
-
58 319
-
-
withholding
-
4 375
-
-
total
-
4 375
-
-
Income
72 000
72 000
72 000
72 000
Total tax
26 384
18 056
25 933
18 217
After tax
45 616
53 944
46 067
53 783
Living cost
46 735
46 735
46 735
46 735
Free-cash
-1 119
7 209
-668
7 048

Estimated living cost  is ₽46735 per week

₽35014
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3503
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽489
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7729
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

The only visa which will gain you entry to the UK as a freelancer is Tier 1 (with an exception of EU nationals or long-term UK residence permit holders, up until Brexit). There are two Tier 1 visa pathways.

You can either apply for an Entrepreneur visa which requires an investment of at least £200000 and creating two full time jobs, or choose an Exceptional Talent visa, which has no financial requirements but is more difficult to obtain.

Source of data for Cambridge model

Close
Zurich , Switzerland
-₽44690
-₽27480
-₽16850
-₽20557
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
72 000
city
-
-
-
757
pensions
-
-
-
6 624
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.

-
-
-
1 439
regional
-
-
-
1 896
health
-
-
-
253
national
-
-
-
268
total
-
-
-
11 237
Employee
90 828
-
64 443
-
city
975
-
692
-
regional
2 974
-
1 621
-
health
205
-
146
-
pensions
7 631
-
5 412
-
unemployment
-
-
-
-
national
430
-
225
-
total
12 215
-
8 096
-
Employer
90 828
-
64 443
-
other

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

1 816
-
1 290
-
unemployment
-
-
-
-
pensions
7 631
-
5 412
-
health
205
-
146
-
total
9 652
-
6 848
-
Corporate
-
72 000
-
-
regional
-
15 228
-
-
national
-
6 120
-
-
total
-
21 348
-
-
Dividends
-
50 653
-
-
withholding
-
17 729
-
-
total
-
17 729
-
-
Income
72 000
72 000
72 000
72 000
Total tax
21 867
39 077
14 944
11 237
After tax
50 133
32 923
57 056
60 763
Living cost
77 613
77 613
77 613
77 613
Free-cash
-27 480
-44 690
-20 557
-16 850

Estimated living cost  is ₽77613 per week

₽50471
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6965
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽953
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽19224
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

It is extremely rare that a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit) is given a residence permit based on self-employment.

Source of data for Zurich model

Close
Munich , Germany
-₽10805
₽5673
₽3087
₽7332
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
72 000
trade
-
-
-
4 245
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.

-
-
-
10 588
health

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

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

-
-
-
6 943
surtax

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

-
-
-
582
total
-
-
-
22 358
Employee

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

61 075
-
72 000
-
health

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

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

6 943
-
6 943
-
surtax

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

395
-
582
-
income

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

7 182
-
10 588
-
total
14 520
-
18 113
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
10 925
72 000
-
-
surtax

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

91
594
-
-
income
1 639
10 800
-
-
trade
1 873
12 348
-
-
chamber of commerce
170
256
-
-
total
3 773
23 998
-
-
Dividends
7 152
48 001
-
-
surtax

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

77
638
-
-
withholding
1 402
11 614
-
-
total
1 479
12 252
-
-
Income
72 000
72 000
72 000
72 000
Total tax
19 772
36 250
18 113
22 358
After tax
52 228
35 750
53 887
49 642
Living cost
46 555
46 555
46 555
46 555
Free-cash
5 673
-10 805
7 332
3 087

Estimated living cost  is ₽46555 per week

₽34002
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3724
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽606
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8225
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Nationals of Europe, Australia, Canada, Israel, Japan, the Republic of Korea, New Zealand and the USA do not require an entry type D visa (not to confuse with a Schengen visa or a visa-free entry). For other nationals, waiting time is around 6-9 months which includes document preparation and processing.

Source of data for Munich model

Close
Nice , France
₽1519
₽7520
₽8073
₽8388
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
72 000
income
-
-
-
3 903
pensions
-
-
-
20 350
other
-
-
-
2 231
health
-
-
-
623
surtax
-
-
-
-
social contributions
-
-
-
2 050
total
-
-
-
29 157
Employee
43 494
-
54 863
-
social contributions
1 240
-
1 564
-
surtax
-
-
-
-
income
2 567
-
3 940
-
pensions
4 918
-
6 206
-
total
8 725
-
11 710
-
Employer
43 494
-
54 863
-
other
1 500
-
1 892
-
social contributions
131
-
164
-
unemployment
1 761
-
2 222
-
pensions
7 145
-
9 014
-
health
3 045
-
3 840
-
total
13 582
-
17 132
-
Corporate
14 923
72 000
-
-
surtax
-
-
-
-
income
4 179
20 159
-
-
total
4 179
20 159
-
-
Dividends
10 744
51 841
-
-
surtax
-
-
-
-
social contributions
1 849
8 916
-
-
withholding
1 375
6 636
-
-
total
3 224
15 552
-
-
Income
72 000
72 000
72 000
72 000
Total tax
29 710
35 711
28 842
29 157
After tax
42 290
36 289
43 158
42 843
Living cost
34 770
34 770
34 770
34 770
Free-cash
7 520
1 519
8 388
8 073

Estimated living cost  is ₽34770 per week

₽21924
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2827
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽592
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9429
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Nice model

Close
Marseille , France
₽4964
₽10611
₽11518
₽11833
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
72 000
income
-
-
-
3 903
pensions
-
-
-
20 350
other
-
-
-
2 231
health
-
-
-
623
surtax
-
-
-
-
social contributions
-
-
-
2 050
total
-
-
-
29 157
Employee
38 825
-
54 863
-
social contributions
1 107
-
1 564
-
surtax
-
-
-
-
income
2 002
-
3 940
-
pensions
4 391
-
6 206
-
total
7 500
-
11 710
-
Employer
38 825
-
54 863
-
other
1 340
-
1 892
-
social contributions
116
-
164
-
unemployment
1 572
-
2 222
-
pensions
6 380
-
9 014
-
health
2 717
-
3 840
-
total
12 125
-
17 132
-
Corporate
21 050
72 000
-
-
surtax
-
-
-
-
income
5 894
20 159
-
-
total
5 894
20 159
-
-
Dividends
15 157
51 841
-
-
surtax
-
-
-
-
social contributions
2 605
8 916
-
-
withholding
1 940
6 636
-
-
total
4 545
15 552
-
-
Income
72 000
72 000
72 000
72 000
Total tax
30 064
35 711
28 842
29 157
After tax
41 936
36 289
43 158
42 843
Living cost
31 325
31 325
31 325
31 325
Free-cash
10 611
4 964
11 833
11 518

Estimated living cost  is ₽31325 per week

₽18167
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3182
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽594
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9382
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Marseille model

Close
Vilnius , Lithuania
₽22377
₽22905
₽24689
₽21106
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
72 000
income
-
-
-
10 800
health
-
-
-
5 026
social contributions
-
-
-
9 936
total
-
-
-
25 762
Employee
34 457
-
72 000
-
social contributions
4 756
-
9 936
-
health
2 405
-
5 026
-
income
5 747
-
14 383
-
total
12 908
-
29 345
-
Employer
34 457
-
72 000
-
total
-
-
-
-
Corporate
37 543
72 000
-
-
income

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

1 876
3 601
-
-
total
1 876
3 601
-
-
Dividends
35 666
68 399
-
-
health
2 490
4 775
-
-
social contributions
4 922
9 438
-
-
withholding
5 350
10 260
-
-
total
12 762
24 473
-
-
Income
72 000
72 000
72 000
72 000
Total tax
27 546
28 074
29 345
25 762
After tax
44 454
43 926
42 655
46 238
Living cost
21 549
21 549
21 549
21 549
Free-cash
22 905
22 377
21 106
24 689

Estimated living cost  is ₽21549 per week

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

Source of data for Vilnius model

Close
Vienna , Austria
₽5051
₽3477
₽2988
-₽10329
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
72 000
chamber of commerce
-
-
-
287
income
-
-
-
7 654
pensions
-
-
-
13 320
unemployment
-
-
-
6 233
health
-
-
-
5 508
surtax
-
-
-
201
total
-
-
-
33 203
Employee
50 788
40 499
55 754
-
other
507
405
557
-
health
1 965
1 568
2 158
-
income
5 782
2 987
7 205
-
pensions
5 201
4 146
5 708
-
unemployment
1 524
1 215
1 672
-
total
14 979
10 321
17 300
-
Employer
50 788
40 499
55 754
-
accident
660
526
725
-
other
2 413
1 923
2 648
-
chamber of commerce
202
162
224
-
unemployment
1 524
1 215
1 672
-
surtax
201
201
201
-
pensions
6 374
5 084
6 997
-
payroll
1 524
1 215
1 672
-
health
1 919
1 531
2 108
-
total
14 817
11 857
16 247
-
Corporate
6 397
19 644
51 897
-
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.

1 599
4 910
12 973
-
total
1 599
4 910
12 973
-
Dividends
4 798
14 734
-
-
withholding
1 319
4 052
-
-
total
1 319
4 052
-
-
Income
72 000
72 000
72 000
72 000
Total tax
32 714
31 140
46 520
33 203
After tax
39 286
40 860
25 480
38 797
Living cost
35 809
35 809
35 809
35 809
Free-cash
3 477
5 051
-10 329
2 988

Estimated living cost  is ₽35809 per week

₽23883
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3055
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽588
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8283
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

As a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit), you can apply for permanent residence when your business creates macroeconomic benefit. This could be an investment starting from €100,000, creating new jobs or securing existing ones, or making a substantial contribution to the region's economy. You can also be considered with a transfer of know-how to Austria or an evident commitment to develop an innovative product or technology.

Source of data for Vienna model

Close
Brussels , Belgium
₽3436
-₽21855
-₽405
-₽7207
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
72 000
national
-
-
-
21 977
communal

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

-
-
-
3 741
social contributions
-
-
-
9 633
total
-
-
-
35 351
Employee

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

72 694
-
55 764
-
communal

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

3 792
-
2 908
-
health

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

3 415
-
2 621
-
pensions

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

5 452
-
4 183
-
unemployment

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

633
-
486
-
national
22 349
-
15 724
-
total
35 641
-
25 922
-
Employer

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

72 694
-
55 764
-
accident

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

945
-
725
-
unemployment

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

1 061
-
814
-
surtax
8 243
-
6 322
-
pensions

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

6 441
-
4 941
-
health

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

4 470
-
3 429
-
total
21 160
-
16 231
-
Corporate
-
72 000
-
-
surtax
-
287
-
-
income
-
14 400
-
-
total
-
14 687
-
-
Dividends
-
57 312
-
-
withholding

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

-
16 823
-
-
total
-
16 823
-
-
Income
72 000
72 000
72 000
72 000
Total tax
56 801
31 510
42 153
35 351
After tax
15 199
40 490
29 847
36 649
Living cost
37 054
37 054
37 054
37 054
Free-cash
-21 855
3 436
-7 207
-405

Estimated living cost  is ₽37054 per week

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

Source of data for Brussels model

Close
Barcelona , Spain
₽11879
₽3640
₽2120
₽2627
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
72 000
accident
-
-
-
648
income
-
-
-
11 582
pensions
-
-
-
20 375
other
-
-
-
71
unemployment
-
-
-
503
total
-
-
-
33 179
Employee
50 587
-
54 593
-
other
50
-
54
-
income
10 674
-
11 800
-
pensions
2 378
-
2 565
-
unemployment
785
-
847
-
total
13 887
-
15 266
-
Employer
50 587
-
54 593
-
accident
1 001
-
1 080
-
other
403
-
438
-
unemployment
2 783
-
3 003
-
pensions
11 938
-
12 885
-
total
16 125
-
17 406
-
Corporate
5 289
72 000
-
-
income

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

793
10 800
-
-
total
793
10 800
-
-
Dividends
4 496
61 200
-
-
withholding
854
12 620
-
-
total
854
12 620
-
-
Income
72 000
72 000
72 000
72 000
Total tax
31 659
23 420
32 672
33 179
After tax
40 341
48 580
39 328
38 821
Living cost
36 701
36 701
36 701
36 701
Free-cash
3 640
11 879
2 627
2 120

Estimated living cost  is ₽36701 per week

₽27027
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2604
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽528
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6542
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Barcelona model

Close
Luxembourg , Luxembourg
-₽10437
-₽14155
-₽8893
-₽7554
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
72 000
accident
-
-
-
648
income
-
-
-
4 285
pensions
-
-
-
11 519
health
-
-
-
5 402
surtax
-
-
-
3 811
communal
-
-
-
-
total
-
-
-
25 665
Employee
76 960
-
64 315
-
health
3 425
-
2 862
-
surtax
4 717
-
3 942
-
income
7 434
-
4 692
-
pensions
6 156
-
5 145
-
total
21 732
-
16 641
-
Employer
76 960
-
64 315
-
accident
692
-
579
-
pensions
6 156
-
5 145
-
health
2 347
-
1 961
-
total
9 195
-
7 685
-
Corporate
-
72 000
-
-
surtax
-
756
-
-
communal
-
4 860
-
-
income
-
10 800
-
-
total
-
16 416
-
-
Dividends
-
55 584
-
-
income
-
2 456
-
-
withholding
-
8 337
-
-
total
-
10 793
-
-
Income
72 000
72 000
72 000
72 000
Total tax
30 927
27 209
24 326
25 665
After tax
41 073
44 791
47 674
46 335
Living cost
55 228
55 228
55 228
55 228
Free-cash
-14 155
-10 437
-7 554
-8 893

Estimated living cost  is ₽55228 per week

₽41429
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3346
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽584
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9866
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Luxembourg model

Close
Athens , Greece
₽22462
₽19230
₽16723
₽15139
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
72 000
income
-
-
-
11 683
pensions
-
-
-
14 400
other
-
-
-
-
unemployment
-
-
-
231
health
-
-
-
5 113
surtax
-
-
-
1 024
total
-
-
-
32 451
Employee
34 224
-
59 480
-
other
-
-
-
-
health
874
-
1 516
-
surtax
121
-
904
-
income
5 737
-
10 987
-
pensions
2 283
-
3 967
-
unemployment
2 382
-
4 141
-
total
11 397
-
21 515
-
Employer
34 224
-
59 480
-
other
-
-
-
-
unemployment
1 086
-
1 886
-
pensions
4 563
-
7 928
-
health
1 556
-
2 706
-
total
7 205
-
12 520
-
Corporate
30 571
72 000
-
-
income
7 948
18 720
-
-
total
7 948
18 720
-
-
Dividends
22 623
53 280
-
-
withholding
3 394
7 992
-
-
total
3 394
7 992
-
-
Income
72 000
72 000
72 000
72 000
Total tax
29 944
26 712
34 035
32 451
After tax
42 056
45 288
37 965
39 549
Living cost
22 826
22 826
22 826
22 826
Free-cash
19 230
22 462
15 139
16 723

Estimated living cost  is ₽22826 per week

₽13781
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1984
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽530
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6532
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Athens model

Close
Naples , Italy
₽10470
₽8212
₽11309
₽7268
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
72 000
municipal
-
-
-
428
regional
-
-
-
1 085
national
-
-
-
13 284
social contributions
-
-
-
18 518
total
-
-
-
33 315
Employee
56 373
-
72 000
-
social contributions
19 010
-
24 278
-
regional
759
-
969
-
municipal
299
-
382
-
national
8 931
-
11 727
-
total
28 999
-
37 356
-
Employer
56 373
-
72 000
-
total
-
-
-
-
Corporate
15 627
72 000
-
-
nationa
3 751
17 280
-
-
municipal
777
3 577
-
-
total
4 528
20 857
-
-
Dividends
11 098
51 143
-
-
withholding
2 885
13 297
-
-
total
2 885
13 297
-
-
Income
72 000
72 000
72 000
72 000
Total tax
36 412
34 154
37 356
33 315
After tax
35 588
37 846
34 644
38 685
Living cost
27 376
27 376
27 376
27 376
Free-cash
8 212
10 470
7 268
11 309

Estimated living cost  is ₽27376 per week

₽17025
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2773
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽469
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7109
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Naples model

Close
Prague , Czech Republic
₽19641
₽8964
₽5137
₽6605
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
72 000
income
-
-
-
6 188
health
-
-
-
9 720
solidarity contribution
-
-
-
-
social contributions
-
-
-
21 024
total
-
-
-
36 932
Employee
44 016
-
53 731
-
social contributions
2 861
-
3 493
-
health
5 942
-
7 254
-
solidarity contribution
-
-
-
-
income
5 282
-
6 448
-
total
14 085
-
17 195
-
Employer
44 016
-
53 731
-
social contributions
11 004
-
13 433
-
health
3 961
-
4 836
-
total
14 965
-
18 269
-
Corporate
13 018
72 000
-
-
income
2 473
13 680
-
-
total
2 473
13 680
-
-
Dividends
10 545
58 320
-
-
withholding
1 582
8 748
-
-
total
1 582
8 748
-
-
Income
72 000
72 000
72 000
72 000
Total tax
33 105
22 428
35 464
36 932
After tax
38 895
49 572
36 536
35 068
Living cost
29 931
29 931
29 931
29 931
Free-cash
8 964
19 641
6 605
5 137

Estimated living cost  is ₽29931 per week

₽22259
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1658
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽518
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5497
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Prague model

Close
Graz , Austria
₽8549
₽8042
₽6576
-₽6903
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
72 000
chamber of commerce
-
-
-
287
income
-
-
-
7 654
pensions
-
-
-
13 320
unemployment
-
-
-
6 233
health
-
-
-
5 508
surtax
-
-
-
-
total
-
-
-
33 002
Employee
44 424
40 499
55 908
-
other
444
405
559
-
health
1 718
1 568
2 164
-
income
3 957
2 987
7 249
-
pensions
4 549
4 146
5 726
-
unemployment
1 333
1 215
1 678
-
total
12 001
10 321
17 376
-
Employer
44 424
40 499
55 908
-
accident
577
526
727
-
other
2 110
1 923
2 656
-
chamber of commerce
177
162
224
-
unemployment
1 333
1 215
1 678
-
surtax
-
-
-
-
pensions
5 575
5 084
7 016
-
payroll
1 333
1 215
1 678
-
health
1 680
1 531
2 114
-
total
12 785
11 656
16 093
-
Corporate
14 792
19 844
52 051
-
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.

3 699
4 960
13 012
-
total
3 699
4 960
13 012
-
Dividends
11 093
14 884
-
-
withholding
3 051
4 092
-
-
total
3 051
4 092
-
-
Income
72 000
72 000
72 000
72 000
Total tax
31 536
31 029
46 481
33 002
After tax
40 464
40 971
25 519
38 998
Living cost
32 422
32 422
32 422
32 422
Free-cash
8 042
8 549
-6 903
6 576

Estimated living cost  is ₽32422 per week

₽19449
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3311
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽579
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9083
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

As a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit), you can apply for permanent residence when your business creates macroeconomic benefit. This could be an investment starting from €100,000, creating new jobs or securing existing ones, or making a substantial contribution to the region's economy. You can also be considered with a transfer of know-how to Austria or an evident commitment to develop an innovative product or technology.

Source of data for Graz model

Close
Tbilisi , Georgia
₽53967
₽51260
₽56847
₽43167
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
72 000
microenterprise

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

-
-
-
720
total
-
-
-
720
Employee
18 042
-
72 000
-
income
3 609
-
14 400
-
total
3 609
-
14 400
-
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%.

53 958
72 000
-
-
total
-
-
-
-
Dividends
53 958
72 000
-
-
withholding
2 698
3 600
-
-
total
2 698
3 600
-
-
Income
72 000
72 000
72 000
72 000
Total tax
6 307
3 600
14 400
720
After tax
65 693
68 400
57 600
71 280
Living cost
14 433
14 433
14 433
14 433
Free-cash
51 260
53 967
43 167
56 847

Estimated living cost  is ₽14433 per week

₽9767
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽606
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽484
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3576
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Social security system in Georgia is financed from the government taxes which are part of our internal model. Separate pension and medical insurance contributions are not compulsory. It is advisable to purchase health insurance privately as in an event of medical emergency the treatment is likely to get costly.

Source of data for Tbilisi model

Close
Ljubljana , Slovenia
₽22315
₽13812
₽11292
₽9230
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
72 000
income
-
-
-
13 108
pensions
-
-
-
13 149
unemployment
-
-
-
108
health
-
-
-
7 085
total
-
-
-
33 450
Employee

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

44 939
-
62 301
-
health
2 902
-
4 025
-
income
7 750
-
12 045
-
pensions
6 966
-
9 656
-
unemployment
64
-
87
-
total
17 682
-
25 813
-
Employer

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

44 939
-
62 301
-
unemployment
27
-
37
-
pensions
3 977
-
5 514
-
health
2 993
-
4 148
-
total
6 997
-
9 699
-
Corporate
20 064
72 000
-
-
income
3 813
13 679
-
-
total
3 813
13 679
-
-
Dividends
16 251
58 321
-
-
withholding
2 438
8 748
-
-
total
2 438
8 748
-
-
Income
72 000
72 000
72 000
72 000
Total tax
30 930
22 427
35 512
33 450
After tax
41 070
49 573
36 488
38 550
Living cost
27 258
27 258
27 258
27 258
Free-cash
13 812
22 315
9 230
11 292

Estimated living cost  is ₽27258 per week

₽18707
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1747
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽528
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6277
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Ljubljana model

Close
Oslo , Norway
-₽98
-₽79712
₽5855
₽14711
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
72 000
income
-
-
-
14 034
social contributions
-
-
-
8 208
total
-
-
-
22 242
Employee
62 951
-
-
-
social contributions
5 162
-
736
-
income
13 886
-
-
-
total
19 048
-
736
-
Employer
62 951
-
-
-
social contributions
88 761
-
12 650
-
total
88 761
-
12 650
-
Corporate
-
72 000
-
-
income
-
15 840
-
-
total
-
15 840
-
-
Dividends
-
56 160
-
-
income
-
12 355
-
-
total
-
12 355
-
-
Income
72 000
72 000
72 000
72 000
Total tax
107 809
28 195
13 386
22 242
After tax
-35 809
43 805
58 614
49 758
Living cost
43 903
43 903
43 903
43 903
Free-cash
-79 712
-98
14 711
5 855

Estimated living cost  is ₽43903 per week

₽28486
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4129
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽559
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10728
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Oslo model

Close
Lisbon , Portugal
₽9077
₽8053
₽9140
₽6547
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
72 000
income
-
-
-
5 962
surtax
-
-
-
-
social contributions

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

-
-
-
25 021
total
-
-
-
30 983
Employee
46 740
-
58 182
-
social contributions
5 141
-
6 401
-
surtax
-
-
-
-
income
9 722
-
13 357
-
total
14 863
-
19 758
-
Employer
46 740
-
58 182
-
social contributions
11 101
-
13 818
-
total
11 101
-
13 818
-
Corporate
14 159
72 000
-
-
surtax
-
-
-
-
income
2 974
15 120
-
-
total
2 974
15 120
-
-
Dividends
11 185
56 880
-
-
withholding
3 132
15 926
-
-
total
3 132
15 926
-
-
Income
72 000
72 000
72 000
72 000
Total tax
32 070
31 046
33 576
30 983
After tax
39 930
40 954
38 424
41 017
Living cost
31 877
31 877
31 877
31 877
Free-cash
8 053
9 077
6 547
9 140

Estimated living cost  is ₽31877 per week

₽23850
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1880
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽532
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5614
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Lisbon model

Close
Paris , France
-₽12795
-₽11529
-₽6241
-₽5926
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
72 000
income
-
-
-
3 903
pensions
-
-
-
20 350
other
-
-
-
2 231
health
-
-
-
623
surtax
-
-
-
-
social contributions
-
-
-
2 050
total
-
-
-
29 157
Employee
63 650
-
54 863
-
social contributions
1 813
-
1 564
-
surtax
-
-
-
-
income
5 554
-
3 940
-
pensions
7 199
-
6 206
-
total
14 566
-
11 710
-
Employer
63 650
-
54 863
-
other
2 197
-
1 892
-
social contributions
191
-
164
-
unemployment
2 578
-
2 222
-
pensions
10 458
-
9 014
-
health
4 455
-
3 840
-
total
19 879
-
17 132
-
Corporate
-
72 000
-
-
surtax
-
-
-
-
income
-
20 159
-
-
total
-
20 159
-
-
Dividends
-
51 841
-
-
surtax
-
-
-
-
social contributions
-
8 916
-
-
withholding
-
6 636
-
-
total
-
15 552
-
-
Income
72 000
72 000
72 000
72 000
Total tax
34 445
35 711
28 842
29 157
After tax
37 555
36 289
43 158
42 843
Living cost
49 084
49 084
49 084
49 084
Free-cash
-11 529
-12 795
-5 926
-6 241

Estimated living cost  is ₽49084 per week

₽33219
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4015
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽673
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11176
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Paris model

Close
Andorra , Andorra
₽34253
₽30838
₽25119
₽27138
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
72 000
income
-
-
-
494
social contributions
-
-
-
15 839
total
-
-
-
16 333
Employee
32 672
-
62 336
-
income
-
-
600
-
social contributions
2 123
-
4 052
-
total
2 123
-
4 652
-
Employer
32 672
-
62 336
-
social contributions
5 064
-
9 662
-
total
5 064
-
9 662
-
Corporate
34 264
72 000
-
-
income
3 427
7 199
-
-
total
3 427
7 199
-
-
Dividends
30 837
64 801
-
-
total
-
-
-
-
Income
72 000
72 000
72 000
72 000
Total tax
10 614
7 199
14 314
16 333
After tax
61 386
64 801
57 686
55 667
Living cost
30 548
30 548
30 548
30 548
Free-cash
30 838
34 253
27 138
25 119

Estimated living cost  is ₽30548 per week

₽19752
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2303
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽575
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7919
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Andorra has a limit of 1000 sole-trade resident permits per year, so while it isn't complicated to obtain one, it may get difficult by the end of the term.

Source of data for Andorra model

Close
Copenhagen , Denmark
-₽149402
-₽149402
-₽3081
-₽149402
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
72 000
municipal
-
-
-
12 387
pensions
-
-
-
881
national
-
-
-
7 185
labour market
-
-
-
5 689
total
-
-
-
26 142
Employee
206 561
206 561
206 561
-
labour market
16 501
16 501
16 501
-
national
25 235
25 235
25 235
-
municipal
43 986
43 986
43 986
-
pensions
294
294
294
-
total
86 016
86 016
86 016
-
Employer
206 561
206 561
206 561
-
labour market
16 525
16 525
16 525
-
municipal
44 056
44 056
44 056
-
pensions
587
587
587
-
national
25 279
25 279
25 279
-
total
86 447
86 447
86 447
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
72 000
72 000
72 000
72 000
Total tax
172 463
172 463
172 463
26 142
After tax
-100 463
-100 463
-100 463
45 858
Living cost
48 939
48 939
48 939
48 939
Free-cash
-149 402
-149 402
-149 402
-3 081

Estimated living cost  is ₽48939 per week

₽33495
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4329
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽753
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10363
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Copenhagen model

Close
Krakow , Poland
-₽16036
₽2479
₽27732
₽14986
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
72 000
accident
-
-
-
255
income
-
-
-
15 373
pensions
-
-
-
4 198
other
-
-
-
374
health
-
-
-
2 200
total
-
-
-
22 400
Employee
34 400
-
59 811
-
health
3 939
-
6 848
-
income
4 719
-
9 374
-
pensions
3 874
-
6 735
-
total
12 532
-
22 957
-
Employer
34 400
-
59 811
-
accident
574
-
999
-
unemployment
843
-
1 465
-
pensions
5 593
-
9 725
-
total
7 010
-
12 189
-
Corporate
30 589
72 000
-
-
income

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

27 530
64 800
-
-
total
27 530
64 800
-
-
Dividends
3 059
7 200
-
-
withholding
581
1 368
-
-
total
581
1 368
-
-
Income
72 000
72 000
72 000
72 000
Total tax
47 653
66 168
35 146
22 400
After tax
24 347
5 832
36 854
49 600
Living cost
21 868
21 868
21 868
21 868
Free-cash
2 479
-16 036
14 986
27 732

Estimated living cost  is ₽21868 per week

₽15918
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1247
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽410
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4293
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Krakow model

Close
Helsinki , Finland
₽10252
₽5844
₽14924
₽4401
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
72 000
municipal
-
-
-
12 836
health
-
-
-
685
national
-
-
-
4 538
total
-
-
-
18 059
Employee
53 468
-
60 571
-
health
399
-
509
-
municipal
8 758
-
9 913
-
pensions
3 608
-
4 089
-
unemployment
802
-
908
-
national
883
-
1 734
-
total
14 450
-
17 153
-
Employer
53 468
-
60 571
-
accident
54
-
60
-
unemployment
347
-
393
-
pensions
9 276
-
10 509
-
health
411
-
467
-
total
10 088
-
11 429
-
Corporate
8 444
72 000
-
-
income
1 689
14 400
-
-
total
1 689
14 400
-
-
Dividends

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

5 066
43 200
-
-
national
-
555
-
-
municipal
912
7 776
-
-
total
912
8 331
-
-
Income
72 000
72 000
72 000
72 000
Total tax
27 139
22 731
28 582
18 059
After tax
44 861
49 269
43 418
53 941
Living cost
39 017
39 017
39 017
39 017
Free-cash
5 844
10 252
4 401
14 924

Estimated living cost  is ₽39017 per week

₽25486
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3753
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽621
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9159
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Helsinki model

Close
Larnaca , Cyprus
₽25490
₽23813
₽30892
₽27685
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
72 000
income
-
-
-
4 511
health
-
-
-
1 836
social contributions
-
-
-
11 232
total
-
-
-
17 579
Employee
78 145
78 145
78 145
-
social contributions
2 955
6 486
5 425
-
health
606
1 329
1 111
-
income
8 509
7 234
7 616
-
total
12 070
15 049
14 152
-
Employer
78 145
78 145
78 145
-
social contributions
2 955
6 486
5 425
-
health
658
1 446
1 209
-
total
3 613
7 932
6 634
-
Corporate
32 790
-
-
-
income
4 098
-
-
-
total
4 098
-
-
-
Dividends
28 692
-
-
-
withholding
4 877
-
-
-
total
4 877
-
-
-
Income
72 000
72 000
72 000
72 000
Total tax
24 658
22 981
20 786
17 579
After tax
47 342
49 019
51 214
54 421
Living cost
23 529
23 529
23 529
23 529
Free-cash
23 813
25 490
27 685
30 892

Estimated living cost  is ₽23529 per week

₽14102
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2308
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽521
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6599
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Larnaca model

Close
Podgorica , Montenegro
₽43488
₽38318
₽39253
₽28380
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
72 000
income
-
-
-
6 441
pensions
-
-
-
6 464
unemployment
-
-
-
29
health
-
-
-
3 678
total
-
-
-
16 612
Employee

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

23 327
-
65 277
-
health
1 983
-
5 548
-
income
1 595
-
5 097
-
pensions
3 498
-
9 791
-
unemployment
116
-
326
-
total
7 192
-
20 762
-
Employer

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

23 327
-
65 277
-
unemployment
116
-
326
-
pensions
1 282
-
3 591
-
health
1 003
-
2 806
-
total
2 401
-
6 723
-
Corporate
46 272
72 000
-
-
income
4 164
6 480
-
-
total
4 164
6 480
-
-
Dividends
42 109
65 520
-
-
withholding
3 790
5 897
-
-
total
3 790
5 897
-
-
Income
72 000
72 000
72 000
72 000
Total tax
17 547
12 377
27 485
16 612
After tax
54 453
59 623
44 515
55 388
Living cost
16 135
16 135
16 135
16 135
Free-cash
38 318
43 488
28 380
39 253

Estimated living cost  is ₽16135 per week

₽10295
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1163
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽480
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4197
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Podgorica model

Close
Valencia , Spain
₽20634
₽15303
₽10875
₽11382
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
72 000
accident
-
-
-
648
income
-
-
-
11 582
pensions
-
-
-
20 375
other
-
-
-
71
unemployment
-
-
-
503
total
-
-
-
33 179
Employee
37 577
-
54 593
-
other
37
-
54
-
income
7 245
-
11 800
-
pensions
1 767
-
2 565
-
unemployment
582
-
847
-
total
9 631
-
15 266
-
Employer
37 577
-
54 593
-
accident
744
-
1 080
-
other
301
-
438
-
unemployment
2 067
-
3 003
-
pensions
8 867
-
12 885
-
total
11 979
-
17 406
-
Corporate
22 443
72 000
-
-
income

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

3 367
10 800
-
-
total
3 367
10 800
-
-
Dividends
19 076
61 200
-
-
withholding
3 774
12 620
-
-
total
3 774
12 620
-
-
Income
72 000
72 000
72 000
72 000
Total tax
28 751
23 420
32 672
33 179
After tax
43 249
48 580
39 328
38 821
Living cost
27 946
27 946
27 946
27 946
Free-cash
15 303
20 634
11 382
10 875

Estimated living cost  is ₽27946 per week

₽18863
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2686
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽490
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5907
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Valencia model

Close
Istanbul , Turkey
₽42147
₽41691
₽42385
₽42188
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
72 000
income
-
-
-
23 334
pensions
-
-
-
2 029
health
-
-
-
1 471
total
-
-
-
26 834
Employee
4 236
-
69 718
-
health
212
-
507
-
income
820
-
23 227
-
pensions
381
-
913
-
unemployment
42
-
101
-
total
1 455
-
24 748
-
Employer
4 236
-
69 718
-
unemployment
85
-
203
-
pensions
466
-
1 116
-
health
402
-
964
-
total
953
-
2 283
-
Corporate
66 810
72 000
-
-
income
14 698
15 840
-
-
total
14 698
15 840
-
-
Dividends
52 112
56 160
-
-
withholding
10 422
11 232
-
-
total
10 422
11 232
-
-
Income
72 000
72 000
72 000
72 000
Total tax
27 528
27 072
27 031
26 834
After tax
44 472
44 928
44 969
45 166
Living cost
2 781
2 781
2 781
2 781
Free-cash
41 691
42 147
42 188
42 385

Estimated living cost  is ₽2781 per week

₽1653
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽225
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽64
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽839
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Istanbul model

Close
Belgrade , Serbia
₽34462
₽29464
₽17682
₽20392
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
72 000
income
-
-
-
9 544
pensions
-
-
-
18 720
unemployment
-
-
-
1 080
health
-
-
-
7 416
total
-
-
-
36 760
Employee

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

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

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

26 477
-
61 069
-
health
1 364
-
3 145
-
income
3 650
-
10 966
-
pensions
3 707
-
8 550
-
unemployment
199
-
458
-
total
8 920
-
23 119
-
Employer

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

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

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

26 477
-
61 069
-
unemployment
199
-
458
-
pensions
3 177
-
7 328
-
health
1 364
-
3 145
-
total
4 740
-
10 931
-
Corporate
40 784
72 000
-
-
income
6 118
10 800
-
-
total
6 118
10 800
-
-
Dividends
34 666
61 200
-
-
withholding
5 200
9 180
-
-
total
5 200
9 180
-
-
Income
72 000
72 000
72 000
72 000
Total tax
24 978
19 980
34 050
36 760
After tax
47 022
52 020
37 950
35 240
Living cost
17 558
17 558
17 558
17 558
Free-cash
29 464
34 462
20 392
17 682

Estimated living cost  is ₽17558 per week

₽11822
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1358
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽508
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3870
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Belgrade model

Close
Porto , Portugal
₽13556
₽13189
₽13619
₽11026
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
72 000
income
-
-
-
5 962
surtax
-
-
-
-
social contributions

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

-
-
-
25 021
total
-
-
-
30 983
Employee
39 443
-
58 182
-
social contributions
4 339
-
6 401
-
surtax
-
-
-
-
income
7 707
-
13 357
-
total
12 046
-
19 758
-
Employer
39 443
-
58 182
-
social contributions
9 367
-
13 818
-
total
9 367
-
13 818
-
Corporate
23 190
72 000
-
-
surtax
-
-
-
-
income
4 870
15 120
-
-
total
4 870
15 120
-
-
Dividends
18 320
56 880
-
-
withholding
5 130
15 926
-
-
total
5 130
15 926
-
-
Income
72 000
72 000
72 000
72 000
Total tax
31 413
31 046
33 576
30 983
After tax
40 587
40 954
38 424
41 017
Living cost
27 398
27 398
27 398
27 398
Free-cash
13 189
13 556
11 026
13 619

Estimated living cost  is ₽27398 per week

₽19405
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1903
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5604
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Porto model

Close
Madrid , Spain
₽12864
₽5004
₽3105
₽3612
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
72 000
accident
-
-
-
648
income
-
-
-
11 582
pensions
-
-
-
20 375
other
-
-
-
71
unemployment
-
-
-
503
total
-
-
-
33 179
Employee
49 081
-
54 593
-
other
48
-
54
-
income
10 251
-
11 800
-
pensions
2 307
-
2 565
-
unemployment
760
-
847
-
total
13 366
-
15 266
-
Employer
49 081
-
54 593
-
accident
972
-
1 080
-
other
393
-
438
-
unemployment
2 700
-
3 003
-
pensions
11 583
-
12 885
-
total
15 648
-
17 406
-
Corporate
7 271
72 000
-
-
income

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

1 092
10 800
-
-
total
1 092
10 800
-
-
Dividends
6 180
61 200
-
-
withholding
1 174
12 620
-
-
total
1 174
12 620
-
-
Income
72 000
72 000
72 000
72 000
Total tax
31 280
23 420
32 672
33 179
After tax
40 720
48 580
39 328
38 821
Living cost
35 716
35 716
35 716
35 716
Free-cash
5 004
12 864
3 612
3 105

Estimated living cost  is ₽35716 per week

₽25650
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2777
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽503
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6787
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Madrid model

Close
Sofia , Bulgaria
₽44081
₽37888
₽34244
₽35915
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
72 000
income
-
-
-
10 800
pensions

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

-
-
-
5 253
unemployment
-
-
-
142
health
-
-
-
4 082
total
-
-
-
20 277
Employee
23 145
-
65 037
-
health
1 065
-
1 633
-
accident

We are using the highest rate at 1.1%.

254
-
390
-
income
2 315
-
6 504
-
pensions

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

2 032
-
3 116
-
total
5 666
-
11 643
-
Employer
23 145
-
65 037
-
accident

We are using the highest rate at 1.1%.

254
-
390
-
unemployment
139
-
213
-
pensions

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

2 551
-
3 911
-
health
1 597
-
2 449
-
total
4 541
-
6 963
-
Corporate
44 314
72 000
-
-
income
4 432
7 200
-
-
total
4 432
7 200
-
-
Dividends
39 882
64 800
-
-
withholding
1 994
3 240
-
-
total
1 994
3 240
-
-
Income
72 000
72 000
72 000
72 000
Total tax
16 633
10 440
18 606
20 277
After tax
55 367
61 560
53 394
51 723
Living cost
17 479
17 479
17 479
17 479
Free-cash
37 888
44 081
35 915
34 244

Estimated living cost  is ₽17479 per week

₽11561
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1001
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽417
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4502
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Sofia model

Close
Berlin , Germany
-₽2004
₽11292
₽11100
₽14652
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
72 000
trade
-
-
-
3 552
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.

-
-
-
10 588
health

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

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

-
-
-
6 943
surtax

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

-
-
-
582
total
-
-
-
21 665
Employee

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

50 565
-
72 000
-
health

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

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

6 943
-
6 943
-
surtax

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

229
-
582
-
income

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

4 158
-
10 588
-
total
11 330
-
18 113
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
21 435
72 000
-
-
surtax

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

177
594
-
-
income
3 215
10 800
-
-
trade
3 076
10 331
-
-
chamber of commerce
185
260
-
-
total
6 653
21 985
-
-
Dividends
14 781
50 015
-
-
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.

181
667
-
-
withholding
3 309
12 117
-
-
total
3 490
12 784
-
-
Income
72 000
72 000
72 000
72 000
Total tax
21 473
34 769
18 113
21 665
After tax
50 527
37 231
53 887
50 335
Living cost
39 235
39 235
39 235
39 235
Free-cash
11 292
-2 004
14 652
11 100

Estimated living cost  is ₽39235 per week

₽27065
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4222
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽569
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7379
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Nationals of Europe, Australia, Canada, Israel, Japan, the Republic of Korea, New Zealand and the USA do not require an entry type D visa (not to confuse with a Schengen visa or a visa-free entry). For other nationals, waiting time is around 6-9 months which includes document preparation and processing.

Source of data for Berlin model

Close
Dublin , Ireland
-₽7491
-₽7495
-₽3673
-₽3673
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
72 000
income
-
-
-
12 003
social contributions
-
-
-
5 779
total
-
-
-
17 782
Employee
79 494
-
72 000
-
income
15 000
-
12 003
-
social contributions
6 604
-
5 779
-
total
21 604
-
17 782
-
Employer
79 494
-
72 000
-
total
-
-
-
-
Corporate
-
72 000
-
-
income
-
9 001
-
-
total
-
9 001
-
-
Dividends
-
62 999
-
-
withholding
-
12 599
-
-
total
-
12 599
-
-
Income
72 000
72 000
72 000
72 000
Total tax
21 604
21 600
17 782
17 782
After tax
50 396
50 400
54 218
54 218
Living cost
57 891
57 891
57 891
57 891
Free-cash
-7 495
-7 491
-3 673
-3 673

Estimated living cost  is ₽57891 per week

₽44042
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4717
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽553
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8578
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

To obtain permanent residence for non EEA/Swiss nationals, it is required to invest a huge amount - at least €1 million aggregate investment into a new or an existing Irish business, for a minimum of three years.

Source of data for Dublin model

Close
Sliema , Malta
₽4541
₽10428
-₽630
₽15527
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
72 000
income
-
-
-
28 928
health

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

-
-
-
6 812
total
-
-
-
35 740
Employee
46 620
-
67 325
-
income
5 059
-
10 233
-
social contributions
4 671
-
4 675
-
total
9 730
-
14 908
-
Employer
46 620
-
67 325
-
social contributions
4 671
-
4 675
-
total
4 671
-
4 675
-
Corporate
20 709
72 000
-
-
income
7 247
25 200
-
-
total
7 247
25 200
-
-
Dividends
13 462
46 800
-
-
social contributions
3 034
5 369
-
-
total
3 034
5 369
-
-
Income
72 000
72 000
72 000
72 000
Total tax
24 682
30 569
19 583
35 740
After tax
47 318
41 431
52 417
36 260
Living cost
36 890
36 890
36 890
36 890
Free-cash
10 428
4 541
15 527
-630

Estimated living cost  is ₽36890 per week

₽24300
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2908
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽565
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9116
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Sliema model

Close
Edinburgh , United Kingdom
₽15950
₽10183
₽15789
₽8073
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
72 000
income
-
-
-
13 446
pensions
-
-
-
4 771
total
-
-
-
18 217
Employee
52 152
-
63 897
-
health
680
-
921
-
income
9 497
-
11 518
-
pensions
3 980
-
5 391
-
total
14 157
-
17 830
-
Employer
52 152
-
63 897
-
pensions
5 269
-
6 889
-
health
991
-
1 214
-
total
6 260
-
8 103
-
Corporate
13 588
72 000
-
-
income

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

2 582
13 681
-
-
total
2 582
13 681
-
-
Dividends
11 006
58 319
-
-
withholding
824
4 375
-
-
total
824
4 375
-
-
Income
72 000
72 000
72 000
72 000
Total tax
23 823
18 056
25 933
18 217
After tax
48 177
53 944
46 067
53 783
Living cost
37 994
37 994
37 994
37 994
Free-cash
10 183
15 950
8 073
15 789

Estimated living cost  is ₽37994 per week

₽26064
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3494
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽475
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7959
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

The only visa which will gain you entry to the UK as a freelancer is Tier 1 (with an exception of EU nationals or long-term UK residence permit holders, up until Brexit). There are two Tier 1 visa pathways.

You can either apply for an Entrepreneur visa which requires an investment of at least £200000 and creating two full time jobs, or choose an Exceptional Talent visa, which has no financial requirements but is more difficult to obtain.

Source of data for Edinburgh model

Close
Warsaw , Poland
-₽18201
₽2146
₽25567
₽12821
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
72 000
accident
-
-
-
255
income
-
-
-
15 373
pensions
-
-
-
4 198
other
-
-
-
374
health
-
-
-
2 200
total
-
-
-
22 400
Employee
37 806
-
59 811
-
health
4 329
-
6 848
-
income
5 187
-
9 374
-
pensions
4 257
-
6 735
-
total
13 773
-
22 957
-
Employer
37 806
-
59 811
-
accident
631
-
999
-
unemployment
926
-
1 465
-
pensions
6 147
-
9 725
-
total
7 704
-
12 189
-
Corporate
26 490
72 000
-
-
income

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

23 841
64 800
-
-
total
23 841
64 800
-
-
Dividends
2 649
7 200
-
-
withholding
503
1 368
-
-
total
503
1 368
-
-
Income
72 000
72 000
72 000
72 000
Total tax
45 821
66 168
35 146
22 400
After tax
26 179
5 832
36 854
49 600
Living cost
24 033
24 033
24 033
24 033
Free-cash
2 146
-18 201
12 821
25 567

Estimated living cost  is ₽24033 per week

₽17638
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1400
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽484
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4511
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Warsaw model

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Skopje , Macedonia
₽47505
₽42575
₽28246
₽28246
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
72 000
work injury
-
-
-
360
health insurance
-
-
-
5 328
income
-
-
-
10 259
pensions
-
-
-
13 248
unemployment
-
-
-
864
total
-
-
-
30 059
Employee

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

21 911
-
72 000
-
work injury
110
-
360
-
income
2 191
-
10 259
-
pensions
4 032
-
13 248
-
health insurance
1 621
-
5 328
-
unemployment
263
-
864
-
total
8 217
-
30 059
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
50 089
72 000
-
-
income

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

-
-
-
-
total
-
-
-
-
Dividends
50 089
72 000
-
-
withholding
7 513
10 800
-
-
total
7 513
10 800
-
-
Income
72 000
72 000
72 000
72 000
Total tax
15 730
10 800
30 059
30 059
After tax
56 270
61 200
41 941
41 941
Living cost
13 695
13 695
13 695
13 695
Free-cash
42 575
47 505
28 246
28 246

Estimated living cost  is ₽13695 per week

₽8484
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽995
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽427
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3788
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Skopje model

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Rome , Italy
-₽2558
-₽13637
-₽1941
-₽5933
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
72 000
municipal
-
-
-
482
regional
-
-
-
1 172
national
-
-
-
13 284
social contributions
-
-
-
18 518
total
-
-
-
33 456
Employee
85 636
-
72 000
-
social contributions
28 876
-
24 278
-
regional
1 293
-
1 013
-
municipal
511
-
430
-
national
14 472
-
11 727
-
total
45 152
-
37 448
-
Employer
85 636
-
72 000
-
total
-
-
-
-
Corporate
-
72 000
-
-
nationa
-
17 280
-
-
municipal
-
3 469
-
-
total
-
20 749
-
-
Dividends
-
51 251
-
-
withholding
-
13 324
-
-
total
-
13 324
-
-
Income
72 000
72 000
72 000
72 000
Total tax
45 152
34 073
37 448
33 456
After tax
26 848
37 927
34 552
38 544
Living cost
40 485
40 485
40 485
40 485
Free-cash
-13 637
-2 558
-5 933
-1 941

Estimated living cost  is ₽40485 per week

₽28438
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2785
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽611
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8650
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rome model

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