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
₽ 73000
per

Your estimated
City
free-cash

Dresden , Germany
₽6424
₽17587
₽19824
₽23932
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
73 000
trade
-
-
-
4 108
income

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

-
-
-
11 004
health

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

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

-
-
-
6 894
surtax

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

-
-
-
605
total
-
-
-
22 611
Employee

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

38 597
-
73 000
-
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.

6 894
-
6 894
-
surtax

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

59
-
605
-
income

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

1 078
-
11 004
-
total
8 031
-
18 503
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
34 403
73 000
-
-
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.

283
601
-
-
income
5 161
10 950
-
-
trade
5 419
11 498
-
-
chamber of commerce
203
259
-
-
total
11 066
23 308
-
-
Dividends
23 337
49 693
-
-
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.

301
663
-
-
withholding
5 450
12 040
-
-
total
5 751
12 703
-
-
Income
73 000
73 000
73 000
73 000
Total tax
24 848
36 011
18 503
22 611
After tax
48 152
36 989
54 497
50 389
Living cost
30 565
30 565
30 565
30 565
Free-cash
17 587
6 424
23 932
19 824

Estimated living cost  is ₽30565 per week

₽19226
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3564
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽571
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7204
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽5438
-₽13218
-₽6043
-₽5470
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
73 000
municipal
-
-
-
7 259
pensions
-
-
-
8 760
national
-
-
-
11 249
social contributions
-
-
-
785
total
-
-
-
28 053
Employee
79 044
-
63 108
-
municipal
9 763
-
7 542
-
pensions
3 162
-
2 524
-
national
15 129
-
11 687
-
total
28 054
-
21 753
-
Employer
79 044
-
63 108
-
social contributions
850
-
678
-
pensions
6 324
-
5 049
-
total
7 174
-
5 727
-
Corporate
-
73 000
-
-
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%.

-
14 600
-
-
total
-
14 600
-
-
Dividends
-
58 400
-
-
withholding
-
12 848
-
-
total
-
12 848
-
-
Income
73 000
73 000
73 000
73 000
Total tax
35 228
27 448
27 480
28 053
After tax
37 772
45 552
45 520
44 947
Living cost
50 990
50 990
50 990
50 990
Free-cash
-13 218
-5 438
-5 470
-6 043

Estimated living cost  is ₽50990 per week

₽34657
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4740
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽763
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10830
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Reykjavik model

Close
Riga , Latvia
₽37406
₽29127
₽37879
₽20472
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
73 000
microenterprise
-
-
-
10 950
income
-
-
-
-
surtax
-
-
-
-
social contributions

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

-
-
-
3 177
total
-
-
-
14 127
Employee
29 487
-
58 827
-
social contributions

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

3 244
-
6 471
-
surtax
-
-
-
-
income
5 249
-
10 892
-
total
8 493
-
17 363
-
Employer
29 487
-
58 827
-
social contributions

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

7 103
-
14 171
-
surtax
-
-
-
-
total
7 103
-
14 171
-
Corporate
36 410
73 000
-
-
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%.

7 283
14 600
-
-
total
7 283
14 600
-
-
Dividends

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

29 128
58 400
-
-
total
-
-
-
-
Income
73 000
73 000
73 000
73 000
Total tax
22 879
14 600
31 534
14 127
After tax
50 121
58 400
41 466
58 873
Living cost
20 994
20 994
20 994
20 994
Free-cash
29 127
37 406
20 472
37 879

Estimated living cost  is ₽20994 per week

₽13393
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1999
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5125
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Riga model

Close
Rotterdam , Netherlands
-₽21542
-₽27206
-₽682
-₽27206
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
73 000
income
-
-
-
9 086
pensions
-
-
-
11 823
health
-
-
-
10 500
total
-
-
-
31 409
Employee
86 174
86 174
86 174
-
health
13 227
11 251
13 227
-
income

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

14 105
14 105
14 105
-
pensions
15 511
11 823
15 511
-
total
42 843
37 179
42 843
-
Employer
86 174
86 174
86 174
-
unemployment
3 102
3 102
3 102
-
pensions
5 998
5 998
5 998
-
health
5 990
5 990
5 990
-
total
15 090
15 090
15 090
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
73 000
73 000
73 000
73 000
Total tax
57 933
52 269
57 933
31 409
After tax
15 067
20 731
15 067
41 591
Living cost
42 273
42 273
42 273
42 273
Free-cash
-27 206
-21 542
-27 206
-682

Estimated living cost  is ₽42273 per week

₽29958
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3811
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽672
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7832
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽869
-₽13
-₽2599
-₽6
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
73 000
municipal
-
-
-
15 462
accident
-
-
-
146
pensions
-
-
-
7 891
other
-
-
-
8 483
unemployment
-
-
-
73
health
-
-
-
4 555
national
-
-
-
-
total
-
-
-
36 610
Employee
55 556
-
55 547
-
municipal
16 567
-
16 564
-
national
-
-
-
-
total
16 567
-
16 564
-
Employer
55 556
-
55 547
-
accident
111
-
111
-
other
6 456
-
6 455
-
unemployment
1 467
-
1 466
-
pensions
6 006
-
6 005
-
health
3 417
-
3 416
-
total
17 457
-
17 453
-
Corporate
-
73 000
-
-
income
-
16 060
-
-
total
-
16 060
-
-
Dividends
-
56 940
-
-
withholding
-
17 082
-
-
total
-
17 082
-
-
Income
73 000
73 000
73 000
73 000
Total tax
34 024
33 142
34 017
36 610
After tax
38 976
39 858
38 983
36 390
Living cost
38 989
38 989
38 989
38 989
Free-cash
-13
869
-6
-2 599

Estimated living cost  is ₽38989 per week

₽25841
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3826
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽592
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8731
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Stockholm model

Close
Hamburg , Germany
-₽3027
₽11151
₽10564
₽14855
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
73 000
trade
-
-
-
4 291
income

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

-
-
-
11 004
health

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

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

-
-
-
6 894
surtax

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

-
-
-
605
total
-
-
-
22 794
Employee

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

51 174
-
73 000
-
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.

6 894
-
6 894
-
surtax

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

241
-
605
-
income

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

4 397
-
11 004
-
total
11 532
-
18 503
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
21 826
73 000
-
-
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.

180
601
-
-
income
3 275
10 950
-
-
trade
3 591
12 009
-
-
chamber of commerce
184
257
-
-
total
7 230
23 817
-
-
Dividends
14 597
49 183
-
-
surtax

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

180
655
-
-
withholding
3 265
11 913
-
-
total
3 445
12 568
-
-
Income
73 000
73 000
73 000
73 000
Total tax
22 207
36 385
18 503
22 794
After tax
50 793
36 615
54 497
50 206
Living cost
39 642
39 642
39 642
39 642
Free-cash
11 151
-3 027
14 855
10 564

Estimated living cost  is ₽39642 per week

₽26513
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4180
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽592
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8357
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Hamburg model

Close
Limassol , Cyprus
₽17451
₽16679
₽22233
₽19395
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
73 000
income
-
-
-
4 787
health
-
-
-
1 861
social contributions
-
-
-
11 388
total
-
-
-
18 036
Employee
77 596
77 596
77 596
-
social contributions
3 771
6 440
5 500
-
health
772
1 319
1 126
-
income
8 148
7 183
7 522
-
total
12 691
14 942
14 148
-
Employer
77 596
77 596
77 596
-
social contributions
3 771
6 440
5 500
-
health
841
1 436
1 226
-
total
4 612
7 876
6 726
-
Corporate
22 967
-
-
-
income
2 871
-
-
-
total
2 871
-
-
-
Dividends
20 097
-
-
-
withholding
3 416
-
-
-
total
3 416
-
-
-
Income
73 000
73 000
73 000
73 000
Total tax
23 590
22 818
20 874
18 036
After tax
49 410
50 182
52 126
54 964
Living cost
32 731
32 731
32 731
32 731
Free-cash
16 679
17 451
19 395
22 233

Estimated living cost  is ₽32731 per week

₽22375
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2557
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽550
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7250
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽22893
₽23273
₽32236
₽23984
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
73 000
income
-
-
-
8 924
pensions
-
-
-
7 300
unemployment
-
-
-
1 095
health
-
-
-
5 110
total
-
-
-
22 429
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.

26 467
10 533
61 088
-
health
1 853
737
4 276
-
income
3 236
1 288
7 468
-
pensions
2 647
1 053
6 109
-
unemployment
397
158
916
-
total
8 133
3 236
18 769
-
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.

26 467
10 533
61 088
-
pensions
5 161
2 054
11 912
-
total
5 161
2 054
11 912
-
Corporate
41 372
60 413
-
-
income
3 724
5 437
-
-
total
3 724
5 437
-
-
Dividends
37 649
54 976
-
-
social contributions
7 221
10 600
-
-
withholding
7 153
10 445
-
-
total
14 374
21 045
-
-
Income
73 000
73 000
73 000
73 000
Total tax
31 392
31 772
30 681
22 429
After tax
41 608
41 228
42 319
50 571
Living cost
18 335
18 335
18 335
18 335
Free-cash
23 273
22 893
23 984
32 236

Estimated living cost  is ₽18335 per week

₽12512
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1500
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽366
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3956
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽34026
₽27755
₽14753
₽17700
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
73 000
income
-
-
-
9 782
pensions
-
-
-
14 600
health
-
-
-
9 491
total
-
-
-
33 873
Employee
28 627
-
54 559
-
income
3 223
-
10 519
-
pensions
573
-
1 092
-
unemployment
458
-
873
-
total
4 254
-
12 484
-
Employer
28 627
-
54 559
-
unemployment
230
-
437
-
pensions
5 726
-
10 912
-
health
3 721
-
7 093
-
total
9 677
-
18 442
-
Corporate
34 697
73 000
-
-
income
6 940
14 600
-
-
total
6 940
14 600
-
-
Dividends
27 757
58 400
-
-
total
-
-
-
-
Income
73 000
73 000
73 000
73 000
Total tax
20 871
14 600
30 926
33 873
After tax
52 129
58 400
42 074
39 127
Living cost
24 374
24 374
24 374
24 374
Free-cash
27 755
34 026
17 700
14 753

Estimated living cost  is ₽24374 per week

₽16718
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1452
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽490
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5714
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽16158
₽2527
₽28206
₽15188
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
73 000
accident
-
-
-
253
income
-
-
-
15 736
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
22 723
Employee
34 719
-
60 641
-
health
3 975
-
6 943
-
income
4 763
-
9 610
-
pensions
3 909
-
6 829
-
total
12 647
-
23 382
-
Employer
34 719
-
60 641
-
accident
580
-
1 013
-
unemployment
851
-
1 486
-
pensions
5 646
-
9 860
-
total
7 077
-
12 359
-
Corporate
31 206
73 000
-
-
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.

28 085
65 700
-
-
total
28 085
65 700
-
-
Dividends
3 120
7 300
-
-
withholding
593
1 387
-
-
total
593
1 387
-
-
Income
73 000
73 000
73 000
73 000
Total tax
48 402
67 087
35 741
22 723
After tax
24 598
5 913
37 259
50 277
Living cost
22 071
22 071
22 071
22 071
Free-cash
2 527
-16 158
15 188
28 206

Estimated living cost  is ₽22071 per week

₽16176
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1223
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽461
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4212
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽60271
₽58570
₽63191
₽49321
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
73 000
microenterprise

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

-
-
-
730
total
-
-
-
730
Employee
11 349
-
73 000
-
income
2 269
-
14 600
-
total
2 269
-
14 600
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

61 651
73 000
-
-
total
-
-
-
-
Dividends
61 651
73 000
-
-
withholding
3 082
3 650
-
-
total
3 082
3 650
-
-
Income
73 000
73 000
73 000
73 000
Total tax
5 351
3 650
14 600
730
After tax
67 649
69 350
58 400
72 270
Living cost
9 079
9 079
9 079
9 079
Free-cash
58 570
60 271
49 321
63 191

Estimated living cost  is ₽9079 per week

₽5627
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽755
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽250
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2448
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Batumi model

Close
Bratislava , Slovakia
₽26745
₽19930
₽12640
₽15902
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
73 000
income
-
-
-
9 272
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.

-
-
-
17 520
other
-
-
-
3 468
health
-
-
-
3 211
total
-
-
-
33 471
Employee
36 640
-
58 308
-
health
513
-
816
-
income
6 308
-
10 038
-
pensions

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

2 564
-
4 081
-
unemployment
366
-
582
-
total
9 751
-
15 517
-
Employer
36 640
-
58 308
-
accident
293
-
467
-
other
1 833
-
2 915
-
unemployment
366
-
582
-
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.

6 229
-
9 912
-
health
513
-
816
-
total
9 234
-
14 692
-
Corporate
27 126
73 000
-
-
income
5 697
15 329
-
-
total
5 697
15 329
-
-
Dividends
21 429
57 671
-
-
withholding
1 499
4 037
-
-
total
1 499
4 037
-
-
Income
73 000
73 000
73 000
73 000
Total tax
26 181
19 366
30 209
33 471
After tax
46 819
53 634
42 791
39 529
Living cost
26 889
26 889
26 889
26 889
Free-cash
19 930
26 745
15 902
12 640

Estimated living cost  is ₽26889 per week

₽18999
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1815
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽433
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5642
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Bratislava model

Close
London , United Kingdom
-₽13029
-₽35950
-₽13225
-₽21091
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
73 000
income
-
-
-
13 624
pensions
-
-
-
4 879
total
-
-
-
18 503
Employee
95 816
-
64 744
-
health
1 579
-
941
-
income
17 272
-
11 657
-
pensions
9 244
-
5 515
-
total
28 095
-
18 113
-
Employer
95 816
-
64 744
-
pensions
11 313
-
7 025
-
health
1 820
-
1 231
-
total
13 133
-
8 256
-
Corporate
-
73 000
-
-
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.

-
13 871
-
-
total
-
13 871
-
-
Dividends
-
59 129
-
-
withholding
-
4 436
-
-
total
-
4 436
-
-
Income
73 000
73 000
73 000
73 000
Total tax
41 228
18 307
26 369
18 503
After tax
31 772
54 693
46 631
54 497
Living cost
67 722
67 722
67 722
67 722
Free-cash
-35 950
-13 029
-21 091
-13 225

Estimated living cost  is ₽67722 per week

₽50745
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7957
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽551
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8470
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

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

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

Source of data for London model

Close
Varna , Bulgaria
₽49176
₽44485
₽39394
₽41125
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
73 000
income
-
-
-
10 950
pensions

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

-
-
-
5 220
unemployment
-
-
-
141
health
-
-
-
4 056
total
-
-
-
20 367
Employee
17 531
-
66 080
-
health
806
-
1 622
-
accident

We are using the highest rate at 1.1%.

193
-
388
-
income
1 753
-
6 608
-
pensions

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

1 539
-
3 097
-
total
4 291
-
11 715
-
Employer
17 531
-
66 080
-
accident

We are using the highest rate at 1.1%.

193
-
388
-
unemployment
105
-
212
-
pensions

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

1 932
-
3 887
-
health
1 210
-
2 434
-
total
3 440
-
6 921
-
Corporate
52 029
73 000
-
-
income
5 203
7 300
-
-
total
5 203
7 300
-
-
Dividends
46 827
65 700
-
-
withholding
2 342
3 285
-
-
total
2 342
3 285
-
-
Income
73 000
73 000
73 000
73 000
Total tax
15 276
10 585
18 636
20 367
After tax
57 724
62 415
54 364
52 633
Living cost
13 239
13 239
13 239
13 239
Free-cash
44 485
49 176
41 125
39 394

Estimated living cost  is ₽13239 per week

₽7729
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽945
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽351
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4214
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Varna model

Close
Amsterdam , Netherlands
-₽35226
-₽36937
-₽14366
-₽40890
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
73 000
income
-
-
-
9 086
pensions
-
-
-
11 823
health
-
-
-
10 500
total
-
-
-
31 409
Employee
93 558
86 174
86 174
-
health
11 672
11 251
13 227
-
income

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

14 105
14 105
14 105
-
pensions
11 823
11 823
15 511
-
total
37 600
37 179
42 843
-
Employer
93 558
86 174
86 174
-
unemployment
3 368
3 102
3 102
-
pensions
6 511
5 998
5 998
-
health
6 501
5 990
5 990
-
total
16 380
15 090
15 090
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
73 000
73 000
73 000
73 000
Total tax
53 980
52 269
57 933
31 409
After tax
19 020
20 731
15 067
41 591
Living cost
55 957
55 957
55 957
55 957
Free-cash
-36 937
-35 226
-40 890
-14 366

Estimated living cost  is ₽55957 per week

₽41278
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4998
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽642
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9041
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Amsterdam model

Close
Brno , Czech Republic
₽26094
₽17471
₽11388
₽12879
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
73 000
income
-
-
-
6 274
health
-
-
-
9 855
solidarity contribution
-
-
-
-
social contributions
-
-
-
21 316
total
-
-
-
37 445
Employee
35 540
-
54 478
-
social contributions
2 310
-
3 541
-
health
4 798
-
7 354
-
solidarity contribution
-
-
-
-
income
4 265
-
6 537
-
total
11 373
-
17 432
-
Employer
35 540
-
54 478
-
social contributions
8 885
-
13 619
-
health
3 199
-
4 903
-
total
12 084
-
18 522
-
Corporate
25 377
73 000
-
-
income
4 822
13 870
-
-
total
4 822
13 870
-
-
Dividends
20 555
59 130
-
-
withholding
3 083
8 869
-
-
total
3 083
8 869
-
-
Income
73 000
73 000
73 000
73 000
Total tax
31 362
22 739
35 954
37 445
After tax
41 638
50 261
37 046
35 555
Living cost
24 167
24 167
24 167
24 167
Free-cash
17 471
26 094
12 879
11 388

Estimated living cost  is ₽24167 per week

₽16787
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1719
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽475
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5186
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Brno model

Close
Milan , Italy
-₽3633
-₽16683
-₽3106
-₽7162
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
73 000
municipal
-
-
-
435
regional
-
-
-
756
national
-
-
-
13 558
social contributions
-
-
-
18 776
total
-
-
-
33 525
Employee
89 684
-
73 000
-
social contributions
30 241
-
24 615
-
regional
846
-
664
-
municipal
475
-
387
-
national
15 540
-
11 915
-
total
47 102
-
37 581
-
Employer
89 684
-
73 000
-
total
-
-
-
-
Corporate
-
73 000
-
-
nationa
-
17 520
-
-
municipal
-
2 848
-
-
total
-
20 368
-
-
Dividends
-
52 632
-
-
withholding
-
13 684
-
-
total
-
13 684
-
-
Income
73 000
73 000
73 000
73 000
Total tax
47 102
34 052
37 581
33 525
After tax
25 898
38 948
35 419
39 475
Living cost
42 581
42 581
42 581
42 581
Free-cash
-16 683
-3 633
-7 162
-3 106

Estimated living cost  is ₽42581 per week

₽29682
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2792
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽653
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9452
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽23651
₽20507
₽17729
₽16119
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
73 000
income
-
-
-
11 919
pensions
-
-
-
14 600
other
-
-
-
-
unemployment
-
-
-
230
health
-
-
-
5 184
surtax
-
-
-
1 070
total
-
-
-
33 003
Employee
33 371
-
60 306
-
other
-
-
-
-
health
852
-
1 538
-
surtax
109
-
950
-
income
5 594
-
11 212
-
pensions
2 225
-
4 021
-
unemployment
2 323
-
4 198
-
total
11 103
-
21 919
-
Employer
33 371
-
60 306
-
other
-
-
-
-
unemployment
1 057
-
1 911
-
pensions
4 449
-
8 039
-
health
1 519
-
2 744
-
total
7 025
-
12 694
-
Corporate
32 605
73 000
-
-
income
8 478
18 979
-
-
total
8 478
18 979
-
-
Dividends
24 127
54 021
-
-
withholding
3 619
8 102
-
-
total
3 619
8 102
-
-
Income
73 000
73 000
73 000
73 000
Total tax
30 225
27 081
34 613
33 003
After tax
42 775
45 919
38 387
39 997
Living cost
22 268
22 268
22 268
22 268
Free-cash
20 507
23 651
16 119
17 729

Estimated living cost  is ₽22268 per week

₽13616
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2055
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽513
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6084
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Thessaloniki model

Close
Cambridge , United Kingdom
₽8427
₽462
₽8231
₽365
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
73 000
income
-
-
-
13 624
pensions
-
-
-
4 879
total
-
-
-
18 503
Employee
64 213
-
64 744
-
health
932
-
941
-
income
11 565
-
11 657
-
pensions
5 450
-
5 515
-
total
17 947
-
18 113
-
Employer
64 213
-
64 744
-
pensions
6 951
-
7 025
-
health
1 220
-
1 231
-
total
8 171
-
8 256
-
Corporate
616
73 000
-
-
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.

116
13 871
-
-
total
116
13 871
-
-
Dividends
500
59 129
-
-
withholding
38
4 436
-
-
total
38
4 436
-
-
Income
73 000
73 000
73 000
73 000
Total tax
26 272
18 307
26 369
18 503
After tax
46 728
54 693
46 631
54 497
Living cost
46 266
46 266
46 266
46 266
Free-cash
462
8 427
365
8 231

Estimated living cost  is ₽46266 per week

₽34662
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3468
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽484
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7651
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽42884
-₽24753
-₽14703
-₽18462
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
73 000
city
-
-
-
768
pensions
-
-
-
6 717
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.

-
-
-
1 459
regional
-
-
-
1 963
health
-
-
-
249
national
-
-
-
281
total
-
-
-
11 437
Employee
89 251
-
65 337
-
city
958
-
701
-
regional
2 923
-
1 685
-
health
202
-
147
-
pensions
7 498
-
5 487
-
unemployment
-
-
-
-
national
422
-
235
-
total
12 003
-
8 255
-
Employer
89 251
-
65 337
-
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.

1 784
-
1 307
-
unemployment
-
-
-
-
pensions
7 498
-
5 487
-
health
202
-
147
-
total
9 484
-
6 941
-
Corporate
-
73 000
-
-
regional
-
15 439
-
-
national
-
6 205
-
-
total
-
21 644
-
-
Dividends
-
51 355
-
-
withholding
-
17 974
-
-
total
-
17 974
-
-
Income
73 000
73 000
73 000
73 000
Total tax
21 487
39 618
15 196
11 437
After tax
51 513
33 382
57 804
61 563
Living cost
76 266
76 266
76 266
76 266
Free-cash
-24 753
-42 884
-18 462
-14 703

Estimated living cost  is ₽76266 per week

₽49595
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6844
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽936
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18891
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽9988
₽6376
₽3796
₽8269
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
73 000
trade
-
-
-
4 473
income

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

-
-
-
11 004
health

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

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

-
-
-
6 894
surtax

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

-
-
-
605
total
-
-
-
22 976
Employee

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

60 646
-
73 000
-
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.

6 894
-
6 894
-
surtax

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

393
-
605
-
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.

7 131
-
11 004
-
total
14 418
-
18 503
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
12 354
73 000
-
-
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.

101
601
-
-
income
1 854
10 950
-
-
trade
2 118
12 520
-
-
chamber of commerce
170
257
-
-
total
4 243
24 328
-
-
Dividends
8 110
48 672
-
-
surtax

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

90
647
-
-
withholding
1 645
11 785
-
-
total
1 735
12 432
-
-
Income
73 000
73 000
73 000
73 000
Total tax
20 396
36 760
18 503
22 976
After tax
52 604
36 240
54 497
50 024
Living cost
46 228
46 228
46 228
46 228
Free-cash
6 376
-9 988
8 269
3 796

Estimated living cost  is ₽46228 per week

₽33763
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3698
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽601
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8167
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽2268
₽8227
₽8881
₽9175
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
73 000
income
-
-
-
4 018
pensions
-
-
-
20 600
other
-
-
-
2 264
health
-
-
-
632
surtax
-
-
-
-
social contributions
-
-
-
2 080
total
-
-
-
29 594
Employee
43 189
-
55 629
-
social contributions
1 231
-
1 586
-
surtax
-
-
-
-
income
2 549
-
4 052
-
pensions
4 883
-
6 291
-
total
8 663
-
11 929
-
Employer
43 189
-
55 629
-
other
1 490
-
1 919
-
social contributions
130
-
167
-
unemployment
1 748
-
2 252
-
pensions
7 095
-
9 140
-
health
3 024
-
3 893
-
total
13 487
-
17 371
-
Corporate
16 324
73 000
-
-
surtax
-
-
-
-
income
4 571
20 441
-
-
total
4 571
20 441
-
-
Dividends
11 753
52 559
-
-
surtax
-
-
-
-
social contributions
2 022
9 039
-
-
withholding
1 505
6 727
-
-
total
3 527
15 766
-
-
Income
73 000
73 000
73 000
73 000
Total tax
30 248
36 207
29 300
29 594
After tax
42 752
36 793
43 700
43 406
Living cost
34 525
34 525
34 525
34 525
Free-cash
8 227
2 268
9 175
8 881

Estimated living cost  is ₽34525 per week

₽21770
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2807
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.
₽9362
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽5688
₽11296
₽12301
₽12595
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
73 000
income
-
-
-
4 018
pensions
-
-
-
20 600
other
-
-
-
2 264
health
-
-
-
632
surtax
-
-
-
-
social contributions
-
-
-
2 080
total
-
-
-
29 594
Employee
38 552
-
55 629
-
social contributions
1 099
-
1 586
-
surtax
-
-
-
-
income
1 988
-
4 052
-
pensions
4 360
-
6 291
-
total
7 447
-
11 929
-
Employer
38 552
-
55 629
-
other
1 331
-
1 919
-
social contributions
115
-
167
-
unemployment
1 561
-
2 252
-
pensions
6 335
-
9 140
-
health
2 698
-
3 893
-
total
12 040
-
17 371
-
Corporate
22 409
73 000
-
-
surtax
-
-
-
-
income
6 273
20 441
-
-
total
6 273
20 441
-
-
Dividends
16 135
52 559
-
-
surtax
-
-
-
-
social contributions
2 775
9 039
-
-
withholding
2 064
6 727
-
-
total
4 839
15 766
-
-
Income
73 000
73 000
73 000
73 000
Total tax
30 599
36 207
29 300
29 594
After tax
42 401
36 793
43 700
43 406
Living cost
31 105
31 105
31 105
31 105
Free-cash
11 296
5 688
12 595
12 301

Estimated living cost  is ₽31105 per week

₽18039
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3160
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽590
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9316
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽23138
₽23662
₽25481
₽27053
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
73 000
income
-
-
-
10 950
health
-
-
-
5 096
social contributions
-
-
-
10 075
total
-
-
-
26 121
Employee
34 215
-
73 000
-
social contributions
4 722
-
10 075
-
health
2 388
-
5 096
-
income
5 707
-
9 378
-
total
12 817
-
24 549
-
Employer
34 215
-
73 000
-
total
-
-
-
-
Corporate
38 785
73 000
-
-
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%.

1 940
3 650
-
-
total
1 940
3 650
-
-
Dividends
36 845
69 350
-
-
health
2 572
4 841
-
-
social contributions
5 084
9 571
-
-
withholding
5 527
10 402
-
-
total
13 183
24 814
-
-
Income
73 000
73 000
73 000
73 000
Total tax
27 940
28 464
24 549
26 121
After tax
45 060
44 536
48 451
46 879
Living cost
21 398
21 398
21 398
21 398
Free-cash
23 662
23 138
27 053
25 481

Estimated living cost  is ₽21398 per week

₽14320
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1319
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽492
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5264
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽5836
₽4273
₽3687
-₽9931
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
73 000
chamber of commerce
-
-
-
291
income
-
-
-
7 989
pensions
-
-
-
13 504
unemployment
-
-
-
6 189
health
-
-
-
5 584
surtax
-
-
-
199
total
-
-
-
33 756
Employee
50 431
40 215
56 529
-
other
504
402
565
-
health
1 951
1 557
2 187
-
income
5 741
2 966
7 490
-
pensions
5 165
4 117
5 789
-
unemployment
1 513
1 206
1 697
-
total
14 874
10 248
17 728
-
Employer
50 431
40 215
56 529
-
accident
655
523
735
-
other
2 396
1 909
2 685
-
chamber of commerce
201
161
226
-
unemployment
1 513
1 206
1 697
-
surtax
199
199
199
-
pensions
6 329
5 048
7 095
-
payroll
1 513
1 206
1 697
-
health
1 905
1 520
2 137
-
total
14 711
11 772
16 471
-
Corporate
7 858
21 012
52 699
-
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.

1 965
5 253
13 175
-
total
1 965
5 253
13 175
-
Dividends
5 893
15 759
-
-
withholding
1 620
4 334
-
-
total
1 620
4 334
-
-
Income
73 000
73 000
73 000
73 000
Total tax
33 170
31 607
47 374
33 756
After tax
39 830
41 393
25 626
39 244
Living cost
35 557
35 557
35 557
35 557
Free-cash
4 273
5 836
-9 931
3 687

Estimated living cost  is ₽35557 per week

₽23715
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3033
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽584
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8225
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Vienna model

Close
Brussels , Belgium
₽4251
-₽20195
₽179
-₽6664
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
73 000
national
-
-
-
22 358
communal

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

-
-
-
3 788
social contributions
-
-
-
9 881
total
-
-
-
36 027
Employee

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

72 183
-
56 541
-
communal

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

3 765
-
2 949
-
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.

3 391
-
2 658
-
pensions

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

5 414
-
4 240
-
unemployment

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

628
-
492
-
national
22 192
-
16 072
-
total
35 390
-
26 411
-
Employer

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

72 183
-
56 541
-
accident

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

938
-
735
-
unemployment

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

1 053
-
825
-
surtax
8 185
-
6 411
-
pensions

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

6 396
-
5 010
-
health

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

4 439
-
3 478
-
total
21 011
-
16 459
-
Corporate
-
73 000
-
-
surtax
-
291
-
-
income
-
14 600
-
-
total
-
14 891
-
-
Dividends
-
58 109
-
-
withholding

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

-
17 064
-
-
total
-
17 064
-
-
Income
73 000
73 000
73 000
73 000
Total tax
56 401
31 955
42 870
36 027
After tax
16 599
41 045
30 130
36 973
Living cost
36 794
36 794
36 794
36 794
Free-cash
-20 195
4 251
-6 664
179

Estimated living cost  is ₽36794 per week

₽23700
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3217
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽576
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9301
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽12807
₽4653
₽2841
₽3356
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
73 000
accident
-
-
-
657
income
-
-
-
11 816
pensions
-
-
-
20 659
other
-
-
-
73
unemployment
-
-
-
511
total
-
-
-
33 716
Employee
50 231
-
55 353
-
other
50
-
56
-
income
10 598
-
12 039
-
pensions
2 361
-
2 602
-
unemployment
779
-
858
-
total
13 788
-
15 555
-
Employer
50 231
-
55 353
-
accident
994
-
1 095
-
other
400
-
442
-
unemployment
2 763
-
3 045
-
pensions
11 854
-
13 064
-
total
16 011
-
17 646
-
Corporate
6 758
73 000
-
-
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.

1 013
10 950
-
-
total
1 013
10 950
-
-
Dividends
5 744
62 050
-
-
withholding
1 092
12 800
-
-
total
1 092
12 800
-
-
Income
73 000
73 000
73 000
73 000
Total tax
31 904
23 750
33 201
33 716
After tax
41 096
49 250
39 799
39 284
Living cost
36 443
36 443
36 443
36 443
Free-cash
4 653
12 807
3 356
2 841

Estimated living cost  is ₽36443 per week

₽26837
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2585
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6496
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Barcelona model

Close
Luxembourg , Luxembourg
-₽9466
-₽12549
-₽8016
-₽6662
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
73 000
accident
-
-
-
657
income
-
-
-
4 500
pensions
-
-
-
11 680
health
-
-
-
5 477
surtax
-
-
-
3 863
communal
-
-
-
-
total
-
-
-
26 177
Employee
76 419
-
65 210
-
health
3 401
-
2 901
-
surtax
4 684
-
3 997
-
income
7 381
-
4 919
-
pensions
6 113
-
5 216
-
total
21 579
-
17 033
-
Employer
76 419
-
65 210
-
accident
687
-
586
-
pensions
6 113
-
5 216
-
health
2 331
-
1 988
-
total
9 131
-
7 790
-
Corporate
-
73 000
-
-
surtax
-
766
-
-
communal
-
4 927
-
-
income
-
10 950
-
-
total
-
16 643
-
-
Dividends
-
56 357
-
-
income
-
2 531
-
-
withholding
-
8 453
-
-
total
-
10 984
-
-
Income
73 000
73 000
73 000
73 000
Total tax
30 710
27 627
24 823
26 177
After tax
42 290
45 373
48 177
46 823
Living cost
54 839
54 839
54 839
54 839
Free-cash
-12 549
-9 466
-6 662
-8 016

Estimated living cost  is ₽54839 per week

₽41138
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3323
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽580
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9797
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽23253
₽20042
₽17331
₽15721
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
73 000
income
-
-
-
11 919
pensions
-
-
-
14 600
other
-
-
-
-
unemployment
-
-
-
230
health
-
-
-
5 184
surtax
-
-
-
1 070
total
-
-
-
33 003
Employee
33 983
-
60 306
-
other
-
-
-
-
health
867
-
1 538
-
surtax
121
-
950
-
income
5 697
-
11 212
-
pensions
2 267
-
4 021
-
unemployment
2 365
-
4 198
-
total
11 317
-
21 919
-
Employer
33 983
-
60 306
-
other
-
-
-
-
unemployment
1 078
-
1 911
-
pensions
4 531
-
8 039
-
health
1 545
-
2 744
-
total
7 154
-
12 694
-
Corporate
31 862
73 000
-
-
income
8 284
18 979
-
-
total
8 284
18 979
-
-
Dividends
23 578
54 021
-
-
withholding
3 537
8 102
-
-
total
3 537
8 102
-
-
Income
73 000
73 000
73 000
73 000
Total tax
30 292
27 081
34 613
33 003
After tax
42 708
45 919
38 387
39 997
Living cost
22 666
22 666
22 666
22 666
Free-cash
20 042
23 253
15 721
17 331

Estimated living cost  is ₽22666 per week

₽13684
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1971
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽527
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6486
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Athens model

Close
Naples , Italy
₽11186
₽8947
₽11948
₽7919
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
73 000
municipal
-
-
-
435
regional
-
-
-
1 100
national
-
-
-
13 558
social contributions
-
-
-
18 776
total
-
-
-
33 869
Employee
55 977
-
73 000
-
social contributions
18 876
-
24 615
-
regional
754
-
981
-
municipal
297
-
387
-
national
8 868
-
11 915
-
total
28 795
-
37 898
-
Employer
55 977
-
73 000
-
total
-
-
-
-
Corporate
17 023
73 000
-
-
nationa
4 085
17 520
-
-
municipal
846
3 629
-
-
total
4 931
21 149
-
-
Dividends
12 092
51 851
-
-
withholding
3 144
13 482
-
-
total
3 144
13 482
-
-
Income
73 000
73 000
73 000
73 000
Total tax
36 870
34 631
37 898
33 869
After tax
36 130
38 369
35 102
39 131
Living cost
27 183
27 183
27 183
27 183
Free-cash
8 947
11 186
7 919
11 948

Estimated living cost  is ₽27183 per week

₽16906
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2754
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽465
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7059
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Naples model

Close
Prague , Czech Republic
₽20481
₽9857
₽5775
₽7266
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
73 000
income
-
-
-
6 274
health
-
-
-
9 855
solidarity contribution
-
-
-
-
social contributions
-
-
-
21 316
total
-
-
-
37 445
Employee
43 794
-
54 478
-
social contributions
2 847
-
3 541
-
health
5 912
-
7 354
-
solidarity contribution
-
-
-
-
income
5 255
-
6 537
-
total
14 014
-
17 432
-
Employer
43 794
-
54 478
-
social contributions
10 949
-
13 619
-
health
3 941
-
4 903
-
total
14 890
-
18 522
-
Corporate
14 316
73 000
-
-
income
2 720
13 870
-
-
total
2 720
13 870
-
-
Dividends
11 596
59 130
-
-
withholding
1 739
8 869
-
-
total
1 739
8 869
-
-
Income
73 000
73 000
73 000
73 000
Total tax
33 363
22 739
35 954
37 445
After tax
39 637
50 261
37 046
35 555
Living cost
29 780
29 780
29 780
29 780
Free-cash
9 857
20 481
7 266
5 775

Estimated living cost  is ₽29780 per week

₽22146
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1650
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽515
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5469
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Prague model

Close
Graz , Austria
₽9306
₽8808
₽7249
-₽6522
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
73 000
chamber of commerce
-
-
-
291
income
-
-
-
7 989
pensions
-
-
-
13 504
unemployment
-
-
-
6 189
health
-
-
-
5 584
surtax
-
-
-
-
total
-
-
-
33 557
Employee
44 111
40 215
56 686
-
other
440
402
567
-
health
1 706
1 557
2 195
-
income
3 930
2 966
7 534
-
pensions
4 517
4 117
5 804
-
unemployment
1 323
1 206
1 701
-
total
11 916
10 248
17 801
-
Employer
44 111
40 215
56 686
-
accident
573
523
737
-
other
2 095
1 909
2 692
-
chamber of commerce
176
161
226
-
unemployment
1 323
1 206
1 701
-
surtax
-
-
-
-
pensions
5 536
5 048
7 114
-
payroll
1 323
1 206
1 701
-
health
1 668
1 520
2 143
-
total
12 694
11 573
16 314
-
Corporate
16 194
21 211
52 856
-
income

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

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

4 048
5 303
13 213
-
total
4 048
5 303
13 213
-
Dividends
12 146
15 908
-
-
withholding
3 340
4 376
-
-
total
3 340
4 376
-
-
Income
73 000
73 000
73 000
73 000
Total tax
31 998
31 500
47 328
33 557
After tax
41 002
41 500
25 672
39 443
Living cost
32 194
32 194
32 194
32 194
Free-cash
8 808
9 306
-6 522
7 249

Estimated living cost  is ₽32194 per week

₽19313
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3288
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽574
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9020
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Graz model

Close
Tbilisi , Georgia
₽55201
₽52548
₽58121
₽44251
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
73 000
microenterprise

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

-
-
-
730
total
-
-
-
730
Employee
17 686
-
73 000
-
income
3 537
-
14 600
-
total
3 537
-
14 600
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

55 314
73 000
-
-
total
-
-
-
-
Dividends
55 314
73 000
-
-
withholding
2 766
3 650
-
-
total
2 766
3 650
-
-
Income
73 000
73 000
73 000
73 000
Total tax
6 303
3 650
14 600
730
After tax
66 697
69 350
58 400
72 270
Living cost
14 149
14 149
14 149
14 149
Free-cash
52 548
55 201
44 251
58 121

Estimated living cost  is ₽14149 per week

₽9574
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽594
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽474
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3505
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Tbilisi model

Close
Ljubljana , Slovenia
₽23193
₽14753
₽11926
₽9833
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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.

-
-
-
73 000
income
-
-
-
13 383
pensions
-
-
-
13 332
unemployment
-
-
-
109
health
-
-
-
7 183
total
-
-
-
34 007
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.

44 623
-
63 165
-
health
2 882
-
4 081
-
income
7 695
-
12 305
-
pensions
6 917
-
9 791
-
unemployment
63
-
88
-
total
17 557
-
26 265
-
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.

44 623
-
63 165
-
unemployment
27
-
38
-
pensions
3 949
-
5 590
-
health
2 972
-
4 207
-
total
6 948
-
9 835
-
Corporate
21 429
73 000
-
-
income
4 071
13 870
-
-
total
4 071
13 870
-
-
Dividends
17 358
59 130
-
-
withholding
2 604
8 870
-
-
total
2 604
8 870
-
-
Income
73 000
73 000
73 000
73 000
Total tax
31 180
22 740
36 100
34 007
After tax
41 820
50 260
36 900
38 993
Living cost
27 067
27 067
27 067
27 067
Free-cash
14 753
23 193
9 833
11 926

Estimated living cost  is ₽27067 per week

₽18575
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1735
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6233
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽848
-₽77543
₽6884
₽16152
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
73 000
income
-
-
-
14 229
social contributions
-
-
-
8 322
total
-
-
-
22 551
Employee
62 466
-
-
-
social contributions
5 122
-
730
-
income
13 779
-
-
-
total
18 901
-
730
-
Employer
62 466
-
-
-
social contributions
88 077
-
12 553
-
total
88 077
-
12 553
-
Corporate
-
73 000
-
-
income
-
16 060
-
-
total
-
16 060
-
-
Dividends
-
56 940
-
-
income
-
12 527
-
-
total
-
12 527
-
-
Income
73 000
73 000
73 000
73 000
Total tax
106 978
28 587
13 283
22 551
After tax
-33 978
44 413
59 717
50 449
Living cost
43 565
43 565
43 565
43 565
Free-cash
-77 543
848
16 152
6 884

Estimated living cost  is ₽43565 per week

₽28267
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4097
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽555
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10646
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽9871
₽8853
₽9887
₽7184
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
73 000
income
-
-
-
6 092
surtax
-
-
-
-
social contributions

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

-
-
-
25 368
total
-
-
-
31 460
Employee
46 411
-
58 990
-
social contributions
5 105
-
6 488
-
surtax
-
-
-
-
income
9 654
-
13 665
-
total
14 759
-
20 153
-
Employer
46 411
-
58 990
-
social contributions
11 023
-
14 010
-
total
11 023
-
14 010
-
Corporate
15 566
73 000
-
-
surtax
-
-
-
-
income
3 269
15 329
-
-
total
3 269
15 329
-
-
Dividends
12 297
57 671
-
-
withholding
3 443
16 147
-
-
total
3 443
16 147
-
-
Income
73 000
73 000
73 000
73 000
Total tax
32 494
31 476
34 163
31 460
After tax
40 506
41 524
38 837
41 540
Living cost
31 653
31 653
31 653
31 653
Free-cash
8 853
9 871
7 184
9 887

Estimated living cost  is ₽31653 per week

₽23683
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1867
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽529
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5575
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Lisbon model

Close
Paris , France
-₽11946
-₽9943
-₽5333
-₽5039
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
73 000
income
-
-
-
4 018
pensions
-
-
-
20 600
other
-
-
-
2 264
health
-
-
-
632
surtax
-
-
-
-
social contributions
-
-
-
2 080
total
-
-
-
29 594
Employee
63 203
-
55 629
-
social contributions
1 800
-
1 586
-
surtax
-
-
-
-
income
5 515
-
4 052
-
pensions
7 149
-
6 291
-
total
14 464
-
11 929
-
Employer
63 203
-
55 629
-
other
2 181
-
1 919
-
social contributions
190
-
167
-
unemployment
2 560
-
2 252
-
pensions
10 385
-
9 140
-
health
4 424
-
3 893
-
total
19 740
-
17 371
-
Corporate
-
73 000
-
-
surtax
-
-
-
-
income
-
20 441
-
-
total
-
20 441
-
-
Dividends
-
52 559
-
-
surtax
-
-
-
-
social contributions
-
9 039
-
-
withholding
-
6 727
-
-
total
-
15 766
-
-
Income
73 000
73 000
73 000
73 000
Total tax
34 204
36 207
29 300
29 594
After tax
38 796
36 793
43 700
43 406
Living cost
48 739
48 739
48 739
48 739
Free-cash
-9 943
-11 946
-5 039
-5 333

Estimated living cost  is ₽48739 per week

₽32986
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3987
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽668
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11097
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽35366
₽31977
₽26057
₽28106
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
73 000
income
-
-
-
550
social contributions
-
-
-
16 059
total
-
-
-
16 609
Employee
32 442
-
63 205
-
income
-
-
657
-
social contributions
2 108
-
4 108
-
total
2 108
-
4 765
-
Employer
32 442
-
63 205
-
social contributions
5 029
-
9 795
-
total
5 029
-
9 795
-
Corporate
35 529
73 000
-
-
income
3 552
7 300
-
-
total
3 552
7 300
-
-
Dividends
31 977
65 700
-
-
total
-
-
-
-
Income
73 000
73 000
73 000
73 000
Total tax
10 689
7 300
14 560
16 609
After tax
62 311
65 700
58 440
56 391
Living cost
30 334
30 334
30 334
30 334
Free-cash
31 977
35 366
28 106
26 057

Estimated living cost  is ₽30334 per week

₽19613
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2286
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽571
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7863
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Andorra model

Close
Copenhagen , Denmark
-₽146958
-₽146958
-₽2202
-₽146958
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
73 000
municipal
-
-
-
12 621
pensions
-
-
-
875
national
-
-
-
7 316
labour market
-
-
-
5 770
total
-
-
-
26 582
Employee
205 213
205 213
205 213
-
labour market
16 394
16 394
16 394
-
national
25 070
25 070
25 070
-
municipal
43 699
43 699
43 699
-
pensions
292
292
292
-
total
85 455
85 455
85 455
-
Employer
205 213
205 213
205 213
-
labour market
16 417
16 417
16 417
-
municipal
43 769
43 769
43 769
-
pensions
583
583
583
-
national
25 114
25 114
25 114
-
total
85 883
85 883
85 883
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
73 000
73 000
73 000
73 000
Total tax
171 338
171 338
171 338
26 582
After tax
-98 338
-98 338
-98 338
46 418
Living cost
48 620
48 620
48 620
48 620
Free-cash
-146 958
-146 958
-146 958
-2 202

Estimated living cost  is ₽48620 per week

₽33276
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4301
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽748
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10295
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽15832
₽2577
₽28532
₽15514
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
73 000
accident
-
-
-
253
income
-
-
-
15 736
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
22 723
Employee
34 207
-
60 641
-
health
3 917
-
6 943
-
income
4 693
-
9 610
-
pensions
3 852
-
6 829
-
total
12 462
-
23 382
-
Employer
34 207
-
60 641
-
accident
571
-
1 013
-
unemployment
838
-
1 486
-
pensions
5 562
-
9 860
-
total
6 971
-
12 359
-
Corporate
31 822
73 000
-
-
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.

28 640
65 700
-
-
total
28 640
65 700
-
-
Dividends
3 182
7 300
-
-
withholding
605
1 387
-
-
total
605
1 387
-
-
Income
73 000
73 000
73 000
73 000
Total tax
48 678
67 087
35 741
22 723
After tax
24 322
5 913
37 259
50 277
Living cost
21 745
21 745
21 745
21 745
Free-cash
2 577
-15 832
15 514
28 532

Estimated living cost  is ₽21745 per week

₽15828
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1240
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽408
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4269
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Krakow model

Close
Helsinki , Finland
₽11168
₽6843
₽15779
₽5111
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
73 000
municipal
-
-
-
13 014
health
-
-
-
703
national
-
-
-
4 761
total
-
-
-
18 478
Employee
53 092
-
61 412
-
health
396
-
525
-
municipal
8 696
-
10 048
-
pensions
3 583
-
4 146
-
unemployment
797
-
921
-
national
877
-
1 919
-
total
14 349
-
17 559
-
Employer
53 092
-
61 412
-
accident
54
-
61
-
unemployment
345
-
398
-
pensions
9 211
-
10 655
-
health
408
-
473
-
total
10 018
-
11 587
-
Corporate
9 891
73 000
-
-
income
1 978
14 600
-
-
total
1 978
14 600
-
-
Dividends

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

5 935
43 800
-
-
national
-
605
-
-
municipal
1 069
7 884
-
-
total
1 069
8 489
-
-
Income
73 000
73 000
73 000
73 000
Total tax
27 414
23 089
29 146
18 478
After tax
45 586
49 911
43 854
54 522
Living cost
38 743
38 743
38 743
38 743
Free-cash
6 843
11 168
5 111
15 779

Estimated living cost  is ₽38743 per week

₽25307
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3727
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽617
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9094
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽26818
₽24739
₽31600
₽28762
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
73 000
income
-
-
-
4 787
health
-
-
-
1 861
social contributions
-
-
-
11 388
total
-
-
-
18 036
Employee
77 596
77 596
77 596
-
social contributions
2 934
6 440
5 500
-
health
601
1 319
1 126
-
income
8 449
7 183
7 522
-
total
11 984
14 942
14 148
-
Employer
77 596
77 596
77 596
-
social contributions
2 934
6 440
5 500
-
health
653
1 436
1 226
-
total
3 587
7 876
6 726
-
Corporate
34 065
-
-
-
income
4 259
-
-
-
total
4 259
-
-
-
Dividends
29 806
-
-
-
withholding
5 067
-
-
-
total
5 067
-
-
-
Income
73 000
73 000
73 000
73 000
Total tax
24 897
22 818
20 874
18 036
After tax
48 103
50 182
52 126
54 964
Living cost
23 364
23 364
23 364
23 364
Free-cash
24 739
26 818
28 762
31 600

Estimated living cost  is ₽23364 per week

₽14002
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2292
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽517
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6553
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Larnaca model

Close
Podgorica , Montenegro
₽44429
₽39296
₽40315
₽29101
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
73 000
income
-
-
-
6 563
pensions
-
-
-
6 419
unemployment
-
-
-
29
health
-
-
-
3 652
total
-
-
-
16 663
Employee

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

23 163
-
66 183
-
health
1 969
-
5 626
-
income
1 584
-
5 176
-
pensions
3 474
-
9 927
-
unemployment
115
-
331
-
total
7 142
-
21 060
-
Employer

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

23 163
-
66 183
-
unemployment
115
-
331
-
pensions
1 273
-
3 640
-
health
996
-
2 846
-
total
2 384
-
6 817
-
Corporate
47 453
73 000
-
-
income
4 270
6 570
-
-
total
4 270
6 570
-
-
Dividends
43 183
66 430
-
-
withholding
3 886
5 979
-
-
total
3 886
5 979
-
-
Income
73 000
73 000
73 000
73 000
Total tax
17 682
12 549
27 877
16 663
After tax
55 318
60 451
45 123
56 337
Living cost
16 022
16 022
16 022
16 022
Free-cash
39 296
44 429
29 101
40 315

Estimated living cost  is ₽16022 per week

₽10222
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1155
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4167
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Podgorica model

Close
Valencia , Spain
₽21500
₽16204
₽11534
₽12049
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
73 000
accident
-
-
-
657
income
-
-
-
11 816
pensions
-
-
-
20 659
other
-
-
-
73
unemployment
-
-
-
511
total
-
-
-
33 716
Employee
37 313
-
55 353
-
other
36
-
56
-
income
7 194
-
12 039
-
pensions
1 754
-
2 602
-
unemployment
578
-
858
-
total
9 562
-
15 555
-
Employer
37 313
-
55 353
-
accident
739
-
1 095
-
other
299
-
442
-
unemployment
2 053
-
3 045
-
pensions
8 805
-
13 064
-
total
11 896
-
17 646
-
Corporate
23 791
73 000
-
-
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.

3 570
10 950
-
-
total
3 570
10 950
-
-
Dividends
20 222
62 050
-
-
withholding
4 018
12 800
-
-
total
4 018
12 800
-
-
Income
73 000
73 000
73 000
73 000
Total tax
29 046
23 750
33 201
33 716
After tax
43 954
49 250
39 799
39 284
Living cost
27 750
27 750
27 750
27 750
Free-cash
16 204
21 500
12 049
11 534

Estimated living cost  is ₽27750 per week

₽18730
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2668
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5866
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Valencia model

Close
Istanbul , Turkey
₽42796
₽42342
₽43075
₽42878
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
73 000
income
-
-
-
23 701
pensions
-
-
-
2 010
health
-
-
-
1 458
total
-
-
-
27 169
Employee
4 198
-
70 738
-
health
210
-
503
-
income
812
-
23 595
-
pensions
378
-
905
-
unemployment
42
-
101
-
total
1 442
-
25 104
-
Employer
4 198
-
70 738
-
unemployment
84
-
201
-
pensions
462
-
1 106
-
health
399
-
955
-
total
945
-
2 262
-
Corporate
67 858
73 000
-
-
income
14 929
16 060
-
-
total
14 929
16 060
-
-
Dividends
52 929
56 940
-
-
withholding
10 586
11 388
-
-
total
10 586
11 388
-
-
Income
73 000
73 000
73 000
73 000
Total tax
27 902
27 448
27 366
27 169
After tax
45 098
45 552
45 634
45 831
Living cost
2 756
2 756
2 756
2 756
Free-cash
42 342
42 796
42 878
43 075

Estimated living cost  is ₽2756 per week

₽1638
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽223
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽63
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽832
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Istanbul model

Close
Belgrade , Serbia
₽35290
₽30325
₽18179
₽20902
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
73 000
income
-
-
-
9 774
pensions
-
-
-
18 980
unemployment
-
-
-
1 095
health
-
-
-
7 519
total
-
-
-
37 368
Employee

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

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

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

26 319
-
61 917
-
health
1 355
-
3 189
-
income
3 628
-
11 241
-
pensions
3 685
-
8 668
-
unemployment
197
-
464
-
total
8 865
-
23 562
-
Employer

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

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

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

26 319
-
61 917
-
unemployment
197
-
464
-
pensions
3 158
-
7 430
-
health
1 355
-
3 189
-
total
4 710
-
11 083
-
Corporate
41 970
73 000
-
-
income
6 296
10 950
-
-
total
6 296
10 950
-
-
Dividends
35 675
62 050
-
-
withholding
5 351
9 307
-
-
total
5 351
9 307
-
-
Income
73 000
73 000
73 000
73 000
Total tax
25 222
20 257
34 645
37 368
After tax
47 778
52 743
38 355
35 632
Living cost
17 453
17 453
17 453
17 453
Free-cash
30 325
35 290
20 902
18 179

Estimated living cost  is ₽17453 per week

₽11751
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1350
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽505
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3847
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Belgrade model

Close
Porto , Portugal
₽14319
₽13954
₽14335
₽11632
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
73 000
income
-
-
-
6 092
surtax
-
-
-
-
social contributions

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

-
-
-
25 368
total
-
-
-
31 460
Employee
39 166
-
58 990
-
social contributions
4 309
-
6 488
-
surtax
-
-
-
-
income
7 653
-
13 665
-
total
11 962
-
20 153
-
Employer
39 166
-
58 990
-
social contributions
9 301
-
14 010
-
total
9 301
-
14 010
-
Corporate
24 533
73 000
-
-
surtax
-
-
-
-
income
5 151
15 329
-
-
total
5 151
15 329
-
-
Dividends
19 382
57 671
-
-
withholding
5 427
16 147
-
-
total
5 427
16 147
-
-
Income
73 000
73 000
73 000
73 000
Total tax
31 841
31 476
34 163
31 460
After tax
41 159
41 524
38 837
41 540
Living cost
27 205
27 205
27 205
27 205
Free-cash
13 954
14 319
11 632
14 335

Estimated living cost  is ₽27205 per week

₽19269
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1890
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽483
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5565
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Porto model

Close
Madrid , Spain
₽13785
₽6006
₽3819
₽4334
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
73 000
accident
-
-
-
657
income
-
-
-
11 816
pensions
-
-
-
20 659
other
-
-
-
73
unemployment
-
-
-
511
total
-
-
-
33 716
Employee
48 736
-
55 353
-
other
48
-
56
-
income
10 179
-
12 039
-
pensions
2 290
-
2 602
-
unemployment
755
-
858
-
total
13 272
-
15 555
-
Employer
48 736
-
55 353
-
accident
965
-
1 095
-
other
391
-
442
-
unemployment
2 681
-
3 045
-
pensions
11 501
-
13 064
-
total
15 538
-
17 646
-
Corporate
8 726
73 000
-
-
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.

1 310
10 950
-
-
total
1 310
10 950
-
-
Dividends
7 416
62 050
-
-
withholding
1 409
12 800
-
-
total
1 409
12 800
-
-
Income
73 000
73 000
73 000
73 000
Total tax
31 529
23 750
33 201
33 716
After tax
41 471
49 250
39 799
39 284
Living cost
35 465
35 465
35 465
35 465
Free-cash
6 006
13 785
4 334
3 819

Estimated living cost  is ₽35465 per week

₽25469
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2758
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽500
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6739
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Madrid model

Close
Sofia , Bulgaria
₽45044
₽38890
₽35262
₽36993
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
73 000
income
-
-
-
10 950
pensions

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

-
-
-
5 220
unemployment
-
-
-
141
health
-
-
-
4 056
total
-
-
-
20 367
Employee
23 001
-
66 080
-
health
1 058
-
1 622
-
accident

We are using the highest rate at 1.1%.

253
-
388
-
income
2 300
-
6 608
-
pensions

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

2 019
-
3 097
-
total
5 630
-
11 715
-
Employer
23 001
-
66 080
-
accident

We are using the highest rate at 1.1%.

253
-
388
-
unemployment
138
-
212
-
pensions

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

2 535
-
3 887
-
health
1 587
-
2 434
-
total
4 513
-
6 921
-
Corporate
45 486
73 000
-
-
income
4 549
7 300
-
-
total
4 549
7 300
-
-
Dividends
40 937
65 700
-
-
withholding
2 047
3 285
-
-
total
2 047
3 285
-
-
Income
73 000
73 000
73 000
73 000
Total tax
16 739
10 585
18 636
20 367
After tax
56 261
62 415
54 364
52 633
Living cost
17 371
17 371
17 371
17 371
Free-cash
38 890
45 044
36 993
35 262

Estimated living cost  is ₽17371 per week

₽11489
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽994
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽414
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4474
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Sofia model

Close
Berlin , Germany
-₽1215
₽11984
₽11794
₽15538
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
73 000
trade
-
-
-
3 744
income

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

-
-
-
11 004
health

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

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

-
-
-
6 894
surtax

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

-
-
-
605
total
-
-
-
22 247
Employee

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

50 210
-
73 000
-
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.

6 894
-
6 894
-
surtax

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

228
-
605
-
income

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

4 129
-
11 004
-
total
11 251
-
18 503
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
22 790
73 000
-
-
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.

188
601
-
-
income
3 418
10 950
-
-
trade
3 271
10 475
-
-
chamber of commerce
186
260
-
-
total
7 063
22 286
-
-
Dividends
15 728
50 713
-
-
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.

195
676
-
-
withholding
3 548
12 294
-
-
total
3 743
12 970
-
-
Income
73 000
73 000
73 000
73 000
Total tax
22 057
35 256
18 503
22 247
After tax
50 943
37 744
54 497
50 753
Living cost
38 959
38 959
38 959
38 959
Free-cash
11 984
-1 215
15 538
11 794

Estimated living cost  is ₽38959 per week

₽26875
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4192
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽565
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7327
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Berlin model

Close
Dublin , Ireland
-₽6384
-₽5937
-₽2908
-₽2908
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
73 000
income
-
-
-
12 520
social contributions
-
-
-
5 904
total
-
-
-
18 424
Employee
78 935
-
73 000
-
income
14 895
-
12 520
-
social contributions
6 558
-
5 904
-
total
21 453
-
18 424
-
Employer
78 935
-
73 000
-
total
-
-
-
-
Corporate
-
73 000
-
-
income
-
9 125
-
-
total
-
9 125
-
-
Dividends
-
63 875
-
-
withholding
-
12 775
-
-
total
-
12 775
-
-
Income
73 000
73 000
73 000
73 000
Total tax
21 453
21 900
18 424
18 424
After tax
51 547
51 100
54 576
54 576
Living cost
57 484
57 484
57 484
57 484
Free-cash
-5 937
-6 384
-2 908
-2 908

Estimated living cost  is ₽57484 per week

₽43733
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4684
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽550
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8518
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Dublin model

Close
Sliema , Malta
₽5488
₽11333
₽903
₽16547
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
73 000
income
-
-
-
28 725
health

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

-
-
-
6 741
total
-
-
-
35 466
Employee
46 292
-
68 358
-
income
5 023
-
10 538
-
social contributions
4 638
-
4 642
-
total
9 661
-
15 180
-
Employer
46 292
-
68 358
-
social contributions
4 638
-
4 642
-
total
4 638
-
4 642
-
Corporate
22 070
73 000
-
-
income
7 725
25 550
-
-
total
7 725
25 550
-
-
Dividends
14 345
47 450
-
-
social contributions
3 012
5 331
-
-
total
3 012
5 331
-
-
Income
73 000
73 000
73 000
73 000
Total tax
25 036
30 881
19 822
35 466
After tax
47 964
42 119
53 178
37 534
Living cost
36 631
36 631
36 631
36 631
Free-cash
11 333
5 488
16 547
903

Estimated living cost  is ₽36631 per week

₽24129
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2888
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽561
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9052
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽17080
₽11370
₽16884
₽9018
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
73 000
income
-
-
-
13 624
pensions
-
-
-
4 879
total
-
-
-
18 503
Employee
51 629
-
64 744
-
health
673
-
941
-
income
9 402
-
11 657
-
pensions
3 941
-
5 515
-
total
14 016
-
18 113
-
Employer
51 629
-
64 744
-
pensions
5 216
-
7 025
-
health
981
-
1 231
-
total
6 197
-
8 256
-
Corporate
15 174
73 000
-
-
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.

2 883
13 871
-
-
total
2 883
13 871
-
-
Dividends
12 291
59 129
-
-
withholding
921
4 436
-
-
total
921
4 436
-
-
Income
73 000
73 000
73 000
73 000
Total tax
24 017
18 307
26 369
18 503
After tax
48 983
54 693
46 631
54 497
Living cost
37 613
37 613
37 613
37 613
Free-cash
11 370
17 080
9 018
16 884

Estimated living cost  is ₽37613 per week

₽25802
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3459
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽471
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7879
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

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

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

Source of data for Edinburgh model

Close
Warsaw , Poland
-₽17985
₽2248
₽26379
₽13361
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
73 000
accident
-
-
-
253
income
-
-
-
15 736
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
22 723
Employee
37 593
-
60 641
-
health
4 304
-
6 943
-
income
5 157
-
9 610
-
pensions
4 233
-
6 829
-
total
13 694
-
23 382
-
Employer
37 593
-
60 641
-
accident
628
-
1 013
-
unemployment
921
-
1 486
-
pensions
6 112
-
9 860
-
total
7 661
-
12 359
-
Corporate
27 746
73 000
-
-
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.

24 972
65 700
-
-
total
24 972
65 700
-
-
Dividends
2 775
7 300
-
-
withholding
527
1 387
-
-
total
527
1 387
-
-
Income
73 000
73 000
73 000
73 000
Total tax
46 854
67 087
35 741
22 723
After tax
26 146
5 913
37 259
50 277
Living cost
23 898
23 898
23 898
23 898
Free-cash
2 248
-17 985
13 361
26 379

Estimated living cost  is ₽23898 per week

₽17539
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1393
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽481
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4485
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Warsaw model

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Skopje , Macedonia
₽48419
₽43512
₽28843
₽28843
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
73 000
work injury
-
-
-
365
health insurance
-
-
-
5 402
income
-
-
-
10 451
pensions
-
-
-
13 432
unemployment
-
-
-
876
total
-
-
-
30 526
Employee

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

21 810
-
73 000
-
work injury
109
-
365
-
income
2 181
-
10 451
-
pensions
4 013
-
13 432
-
health insurance
1 614
-
5 402
-
unemployment
262
-
876
-
total
8 179
-
30 526
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
51 190
73 000
-
-
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
51 190
73 000
-
-
withholding
7 678
10 950
-
-
total
7 678
10 950
-
-
Income
73 000
73 000
73 000
73 000
Total tax
15 857
10 950
30 526
30 526
After tax
57 143
62 050
42 474
42 474
Living cost
13 631
13 631
13 631
13 631
Free-cash
43 512
48 419
28 843
28 843

Estimated living cost  is ₽13631 per week

₽8445
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽991
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽425
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3771
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Skopje model

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Rome , Italy
-₽1749
-₽12035
-₽1223
-₽5199
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
73 000
municipal
-
-
-
488
regional
-
-
-
1 200
national
-
-
-
13 558
social contributions
-
-
-
18 776
total
-
-
-
34 022
Employee
85 034
-
73 000
-
social contributions
28 673
-
24 615
-
regional
1 284
-
1 033
-
municipal
507
-
435
-
national
14 370
-
11 915
-
total
44 834
-
37 998
-
Employer
85 034
-
73 000
-
total
-
-
-
-
Corporate
-
73 000
-
-
nationa
-
17 520
-
-
municipal
-
3 518
-
-
total
-
21 038
-
-
Dividends
-
51 962
-
-
withholding
-
13 510
-
-
total
-
13 510
-
-
Income
73 000
73 000
73 000
73 000
Total tax
44 834
34 548
37 998
34 022
After tax
28 166
38 452
35 002
38 978
Living cost
40 201
40 201
40 201
40 201
Free-cash
-12 035
-1 749
-5 199
-1 223

Estimated living cost  is ₽40201 per week

₽28238
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2765
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽607
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8589
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rome model

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