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
₽ 74000
per

Your estimated
City
free-cash

Dresden , Germany
₽6924
₽18089
₽20320
₽24585
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
74 000
trade
-
-
-
4 265
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.

-
-
-
11 332
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.

-
-
-
622
total
-
-
-
23 113
Employee

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

38 599
-
74 000
-
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
-
622
-
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
-
11 332
-
total
8 031
-
18 848
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
35 401
74 000
-
-
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.

293
611
-
-
income
5 311
11 100
-
-
trade
5 575
11 655
-
-
chamber of commerce
205
260
-
-
total
11 384
23 626
-
-
Dividends
24 018
50 374
-
-
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.

308
672
-
-
withholding
5 621
12 211
-
-
total
5 929
12 883
-
-
Income
74 000
74 000
74 000
74 000
Total tax
25 344
36 509
18 848
23 113
After tax
48 656
37 491
55 152
50 887
Living cost
30 567
30 567
30 567
30 567
Free-cash
18 089
6 924
24 585
20 320

Estimated living cost  is ₽30567 per week

₽19227
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3564
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽571
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7205
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Dresden model

Close
Reykjavik , Iceland
-₽4818
-₽12224
-₽5475
-₽4894
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
74 000
municipal
-
-
-
7 376
pensions
-
-
-
8 880
national
-
-
-
11 429
social contributions
-
-
-
796
total
-
-
-
28 481
Employee
79 050
-
63 972
-
municipal
9 764
-
7 662
-
pensions
3 162
-
2 559
-
national
15 130
-
11 873
-
total
28 056
-
22 094
-
Employer
79 050
-
63 972
-
social contributions
850
-
688
-
pensions
6 324
-
5 118
-
total
7 174
-
5 806
-
Corporate
-
74 000
-
-
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%.

-
14 800
-
-
total
-
14 800
-
-
Dividends
-
59 200
-
-
withholding
-
13 024
-
-
total
-
13 024
-
-
Income
74 000
74 000
74 000
74 000
Total tax
35 230
27 824
27 900
28 481
After tax
38 770
46 176
46 100
45 519
Living cost
50 994
50 994
50 994
50 994
Free-cash
-12 224
-4 818
-4 894
-5 475

Estimated living cost  is ₽50994 per week

₽34660
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4740
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽763
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10830
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Reykjavik model

Close
Riga , Latvia
₽38205
₽29927
₽38728
₽21024
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
74 000
microenterprise
-
-
-
11 100
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
-
-
-
14 277
Employee
29 488
-
59 633
-
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
-
6 559
-
surtax
-
-
-
-
income
5 249
-
11 057
-
total
8 493
-
17 616
-
Employer
29 488
-
59 633
-
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
-
14 365
-
surtax
-
-
-
-
total
7 103
-
14 365
-
Corporate
37 409
74 000
-
-
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%.

7 482
14 800
-
-
total
7 482
14 800
-
-
Dividends

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

29 926
59 200
-
-
total
-
-
-
-
Income
74 000
74 000
74 000
74 000
Total tax
23 078
14 800
31 981
14 277
After tax
50 922
59 200
42 019
59 723
Living cost
20 995
20 995
20 995
20 995
Free-cash
29 927
38 205
21 024
38 728

Estimated living cost  is ₽20995 per week

₽13394
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1999
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5125
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Riga model

Close
Rotterdam , Netherlands
-₽20546
-₽26211
-₽123
-₽26211
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
74 000
income
-
-
-
9 466
pensions
-
-
-
11 824
health
-
-
-
10 558
total
-
-
-
31 848
Employee
86 179
86 179
86 179
-
health
13 228
11 251
13 228
-
income

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

14 106
14 106
14 106
-
pensions
15 512
11 824
15 512
-
total
42 846
37 181
42 846
-
Employer
86 179
86 179
86 179
-
unemployment
3 102
3 102
3 102
-
pensions
5 998
5 998
5 998
-
health
5 990
5 990
5 990
-
total
15 090
15 090
15 090
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
74 000
74 000
74 000
74 000
Total tax
57 936
52 271
57 936
31 848
After tax
16 064
21 729
16 064
42 152
Living cost
42 276
42 276
42 276
42 276
Free-cash
-26 211
-20 546
-26 211
-123

Estimated living cost  is ₽42276 per week

₽29960
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3811
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽672
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7833
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rotterdam model

Close
Stockholm , Sweden
₽1414
₽538
-₽2102
₽526
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
74 000
municipal
-
-
-
15 674
accident
-
-
-
148
pensions
-
-
-
7 999
other
-
-
-
8 599
unemployment
-
-
-
74
health
-
-
-
4 618
national
-
-
-
-
total
-
-
-
37 112
Employee
55 558
-
56 308
-
municipal
16 567
-
16 791
-
national
-
-
-
-
total
16 567
-
16 791
-
Employer
55 558
-
56 308
-
accident
111
-
113
-
other
6 456
-
6 543
-
unemployment
1 467
-
1 487
-
pensions
6 006
-
6 087
-
health
3 417
-
3 463
-
total
17 457
-
17 693
-
Corporate
986
74 000
-
-
income
217
16 280
-
-
total
217
16 280
-
-
Dividends
769
57 720
-
-
withholding
231
17 316
-
-
total
231
17 316
-
-
Income
74 000
74 000
74 000
74 000
Total tax
34 472
33 596
34 484
37 112
After tax
39 528
40 404
39 516
36 888
Living cost
38 990
38 990
38 990
38 990
Free-cash
538
1 414
526
-2 102

Estimated living cost  is ₽38990 per week

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

Source of data for Stockholm model

Close
Hamburg , Germany
-₽2531
₽11648
₽11054
₽15508
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
74 000
trade
-
-
-
4 454
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.

-
-
-
11 332
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.

-
-
-
622
total
-
-
-
23 302
Employee

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

51 177
-
74 000
-
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
-
622
-
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
-
11 332
-
total
11 532
-
18 848
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
22 823
74 000
-
-
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
611
-
-
income
3 424
11 100
-
-
trade
3 754
12 172
-
-
chamber of commerce
186
259
-
-
total
7 552
24 142
-
-
Dividends
15 272
49 858
-
-
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.

190
665
-
-
withholding
3 434
12 080
-
-
total
3 624
12 745
-
-
Income
74 000
74 000
74 000
74 000
Total tax
22 708
36 887
18 848
23 302
After tax
51 292
37 113
55 152
50 698
Living cost
39 644
39 644
39 644
39 644
Free-cash
11 648
-2 531
15 508
11 054

Estimated living cost  is ₽39644 per week

₽26514
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4181
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽592
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8357
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Hamburg model

Close
Limassol , Cyprus
₽18450
₽17405
₽22845
₽20234
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
74 000
income
-
-
-
4 993
health
-
-
-
1 886
social contributions
-
-
-
11 544
total
-
-
-
18 423
Employee
77 600
77 600
77 600
-
social contributions
3 771
6 440
5 577
-
health
772
1 319
1 141
-
income
8 149
7 183
7 496
-
total
12 692
14 942
14 214
-
Employer
77 600
77 600
77 600
-
social contributions
3 771
6 440
5 577
-
health
841
1 436
1 243
-
total
4 612
7 876
6 820
-
Corporate
23 965
-
-
-
income
2 995
-
-
-
total
2 995
-
-
-
Dividends
20 970
-
-
-
withholding
3 564
-
-
-
total
3 564
-
-
-
Income
74 000
74 000
74 000
74 000
Total tax
23 863
22 818
21 034
18 423
After tax
50 137
51 182
52 966
55 577
Living cost
32 732
32 732
32 732
32 732
Free-cash
17 405
18 450
20 234
22 845

Estimated living cost  is ₽32732 per week

₽22376
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2557
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽550
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7251
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Limassol model

Close
Budapest , Hungary
₽23451
₽23831
₽32927
₽24562
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
74 000
income
-
-
-
9 046
pensions
-
-
-
7 400
unemployment
-
-
-
1 110
health
-
-
-
5 180
total
-
-
-
22 736
Employee

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

The minimum wage is 138,000 HUF per month.

26 470
10 535
61 925
-
health
1 853
737
4 335
-
income
3 236
1 288
7 570
-
pensions
2 647
1 053
6 192
-
unemployment
397
158
929
-
total
8 133
3 236
19 026
-
Employer

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

The minimum wage is 138,000 HUF per month.

26 470
10 535
61 925
-
pensions
5 162
2 054
12 075
-
total
5 162
2 054
12 075
-
Corporate
42 369
61 411
-
-
income
3 813
5 527
-
-
total
3 813
5 527
-
-
Dividends
38 556
55 884
-
-
social contributions
7 398
10 777
-
-
withholding
7 326
10 618
-
-
total
14 724
21 395
-
-
Income
74 000
74 000
74 000
74 000
Total tax
31 832
32 212
31 101
22 736
After tax
42 168
41 788
42 899
51 264
Living cost
18 337
18 337
18 337
18 337
Free-cash
23 831
23 451
24 562
32 927

Estimated living cost  is ₽18337 per week

₽12513
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1500
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽366
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3957
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Budapest model

Close
Tallinn , Estonia
₽34825
₽28555
₽15290
₽18277
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
74 000
income
-
-
-
9 916
pensions
-
-
-
14 800
health
-
-
-
9 619
total
-
-
-
34 335
Employee
28 629
-
55 307
-
income
3 223
-
10 663
-
pensions
573
-
1 107
-
unemployment
458
-
885
-
total
4 254
-
12 655
-
Employer
28 629
-
55 307
-
unemployment
230
-
442
-
pensions
5 726
-
11 062
-
health
3 721
-
7 189
-
total
9 677
-
18 693
-
Corporate
35 695
74 000
-
-
income
7 139
14 800
-
-
total
7 139
14 800
-
-
Dividends
28 555
59 200
-
-
total
-
-
-
-
Income
74 000
74 000
74 000
74 000
Total tax
21 070
14 800
31 348
34 335
After tax
52 930
59 200
42 652
39 665
Living cost
24 375
24 375
24 375
24 375
Free-cash
28 555
34 825
18 277
15 290

Estimated living cost  is ₽24375 per week

₽16719
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1452
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽490
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5715
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Tallinn model

Close
Gdansk , Poland
-₽16075
₽2608
₽28887
₽15626
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
74 000
accident
-
-
-
253
income
-
-
-
16 057
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
23 044
Employee
34 715
-
61 472
-
health
3 975
-
7 039
-
income
4 763
-
9 816
-
pensions
3 909
-
6 922
-
total
12 647
-
23 777
-
Employer
34 715
-
61 472
-
accident
580
-
1 026
-
unemployment
850
-
1 506
-
pensions
5 645
-
9 996
-
total
7 075
-
12 528
-
Corporate
32 210
74 000
-
-
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.

28 989
66 600
-
-
total
28 989
66 600
-
-
Dividends
3 221
7 400
-
-
withholding
612
1 406
-
-
total
612
1 406
-
-
Income
74 000
74 000
74 000
74 000
Total tax
49 323
68 006
36 305
23 044
After tax
24 677
5 994
37 695
50 956
Living cost
22 069
22 069
22 069
22 069
Free-cash
2 608
-16 075
15 626
28 887

Estimated living cost  is ₽22069 per week

₽16174
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1223
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽461
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4211
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Gdansk model

Close
Batumi , Georgia
₽61221
₽59520
₽64181
₽50121
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
74 000
microenterprise

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

-
-
-
740
total
-
-
-
740
Employee
11 349
-
74 000
-
income
2 269
-
14 800
-
total
2 269
-
14 800
-
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%.

62 651
74 000
-
-
total
-
-
-
-
Dividends
62 651
74 000
-
-
withholding
3 132
3 700
-
-
total
3 132
3 700
-
-
Income
74 000
74 000
74 000
74 000
Total tax
5 401
3 700
14 800
740
After tax
68 599
70 300
59 200
73 260
Living cost
9 079
9 079
9 079
9 079
Free-cash
59 520
61 221
50 121
64 181

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
₽27476
₽20663
₽13182
₽16482
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
74 000
income
-
-
-
9 399
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.

-
-
-
17 759
other
-
-
-
3 514
health
-
-
-
3 256
total
-
-
-
33 928
Employee
36 642
-
59 104
-
health
513
-
827
-
income
6 308
-
10 175
-
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
-
4 139
-
unemployment
366
-
592
-
total
9 751
-
15 733
-
Employer
36 642
-
59 104
-
accident
293
-
473
-
other
1 833
-
2 955
-
unemployment
366
-
592
-
pensions

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

6 230
-
10 048
-
health
513
-
827
-
total
9 235
-
14 895
-
Corporate
28 124
74 000
-
-
income
5 906
15 541
-
-
total
5 906
15 541
-
-
Dividends
22 217
58 459
-
-
withholding
1 555
4 093
-
-
total
1 555
4 093
-
-
Income
74 000
74 000
74 000
74 000
Total tax
26 447
19 634
30 628
33 928
After tax
47 553
54 366
43 372
40 072
Living cost
26 890
26 890
26 890
26 890
Free-cash
20 663
27 476
16 482
13 182

Estimated living cost  is ₽26890 per week

₽19000
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1816
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽433
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5642
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Bratislava model

Close
London , United Kingdom
-₽12282
-₽34957
-₽12501
-₽20501
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
74 000
income
-
-
-
13 805
pensions
-
-
-
4 969
total
-
-
-
18 774
Employee
95 823
-
65 610
-
health
1 579
-
959
-
income
17 273
-
11 807
-
pensions
9 244
-
5 618
-
total
28 096
-
18 384
-
Employer
95 823
-
65 610
-
pensions
11 314
-
7 143
-
health
1 820
-
1 247
-
total
13 134
-
8 390
-
Corporate
-
74 000
-
-
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.

-
14 059
-
-
total
-
14 059
-
-
Dividends
-
59 941
-
-
withholding
-
4 496
-
-
total
-
4 496
-
-
Income
74 000
74 000
74 000
74 000
Total tax
41 230
18 555
26 774
18 774
After tax
32 770
55 445
47 226
55 226
Living cost
67 727
67 727
67 727
67 727
Free-cash
-34 957
-12 282
-20 501
-12 501

Estimated living cost  is ₽67727 per week

₽50749
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7957
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽551
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8470
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

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

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

Source of data for London model

Close
Varna , Bulgaria
₽50031
₽45341
₽40244
₽42025
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
74 000
income
-
-
-
11 100
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
-
-
-
20 517
Employee
17 531
-
67 080
-
health
806
-
1 622
-
accident

We are using the highest rate at 1.1%.

193
-
388
-
income
1 753
-
6 708
-
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
-
11 815
-
Employer
17 531
-
67 080
-
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
53 029
74 000
-
-
income
5 302
7 400
-
-
total
5 302
7 400
-
-
Dividends
47 727
66 600
-
-
withholding
2 387
3 330
-
-
total
2 387
3 330
-
-
Income
74 000
74 000
74 000
74 000
Total tax
15 420
10 730
18 736
20 517
After tax
58 580
63 270
55 264
53 483
Living cost
13 239
13 239
13 239
13 239
Free-cash
45 341
50 031
42 025
40 244

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
-₽34231
-₽35944
-₽13808
-₽39896
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
74 000
income
-
-
-
9 466
pensions
-
-
-
11 824
health
-
-
-
10 558
total
-
-
-
31 848
Employee
93 563
86 179
86 179
-
health
11 672
11 251
13 228
-
income

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

14 106
14 106
14 106
-
pensions
11 824
11 824
15 512
-
total
37 602
37 181
42 846
-
Employer
93 563
86 179
86 179
-
unemployment
3 369
3 102
3 102
-
pensions
6 511
5 998
5 998
-
health
6 502
5 990
5 990
-
total
16 382
15 090
15 090
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
74 000
74 000
74 000
74 000
Total tax
53 984
52 271
57 936
31 848
After tax
20 016
21 729
16 064
42 152
Living cost
55 960
55 960
55 960
55 960
Free-cash
-35 944
-34 231
-39 896
-13 808

Estimated living cost  is ₽55960 per week

₽41280
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4998
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽642
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9041
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Amsterdam model

Close
Brno , Czech Republic
₽26779
₽18157
₽11872
₽13382
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
74 000
income
-
-
-
6 360
health
-
-
-
9 990
solidarity contribution
-
-
-
-
social contributions
-
-
-
21 608
total
-
-
-
37 958
Employee
35 544
-
55 224
-
social contributions
2 310
-
3 590
-
health
4 798
-
7 455
-
solidarity contribution
-
-
-
-
income
4 265
-
6 627
-
total
11 373
-
17 672
-
Employer
35 544
-
55 224
-
social contributions
8 886
-
13 806
-
health
3 199
-
4 970
-
total
12 085
-
18 776
-
Corporate
26 371
74 000
-
-
income
5 011
14 060
-
-
total
5 011
14 060
-
-
Dividends
21 361
59 940
-
-
withholding
3 204
8 991
-
-
total
3 204
8 991
-
-
Income
74 000
74 000
74 000
74 000
Total tax
31 673
23 051
36 448
37 958
After tax
42 327
50 949
37 552
36 042
Living cost
24 170
24 170
24 170
24 170
Free-cash
18 157
26 779
13 382
11 872

Estimated living cost  is ₽24170 per week

₽16789
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1719
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽475
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5186
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Brno model

Close
Milan , Italy
-₽3101
-₽15688
-₽2665
-₽6699
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
74 000
municipal
-
-
-
440
regional
-
-
-
770
national
-
-
-
13 840
social contributions
-
-
-
19 032
total
-
-
-
34 082
Employee
89 689
-
74 000
-
social contributions
30 243
-
24 954
-
regional
846
-
675
-
municipal
475
-
393
-
national
15 541
-
12 094
-
total
47 105
-
38 116
-
Employer
89 689
-
74 000
-
total
-
-
-
-
Corporate
-
74 000
-
-
nationa
-
17 761
-
-
municipal
-
2 886
-
-
total
-
20 647
-
-
Dividends
-
53 353
-
-
withholding
-
13 871
-
-
total
-
13 871
-
-
Income
74 000
74 000
74 000
74 000
Total tax
47 105
34 518
38 116
34 082
After tax
26 895
39 482
35 884
39 918
Living cost
42 583
42 583
42 583
42 583
Free-cash
-15 688
-3 101
-6 699
-2 665

Estimated living cost  is ₽42583 per week

₽29684
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2792
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽653
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9453
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Milan model

Close
Thessaloniki , Greece
₽24276
₽21135
₽18211
₽16574
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
74 000
income
-
-
-
12 130
pensions
-
-
-
14 800
other
-
-
-
-
unemployment
-
-
-
230
health
-
-
-
5 253
surtax
-
-
-
1 107
total
-
-
-
33 520
Employee
33 373
-
61 131
-
other
-
-
-
-
health
852
-
1 559
-
surtax
109
-
984
-
income
5 594
-
11 412
-
pensions
2 225
-
4 077
-
unemployment
2 323
-
4 255
-
total
11 103
-
22 287
-
Employer
33 373
-
61 131
-
other
-
-
-
-
unemployment
1 057
-
1 938
-
pensions
4 449
-
8 149
-
health
1 519
-
2 783
-
total
7 025
-
12 870
-
Corporate
33 603
74 000
-
-
income
8 737
19 241
-
-
total
8 737
19 241
-
-
Dividends
24 866
54 759
-
-
withholding
3 731
8 214
-
-
total
3 731
8 214
-
-
Income
74 000
74 000
74 000
74 000
Total tax
30 596
27 455
35 157
33 520
After tax
43 404
46 545
38 843
40 480
Living cost
22 269
22 269
22 269
22 269
Free-cash
21 135
24 276
16 574
18 211

Estimated living cost  is ₽22269 per week

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

Source of data for Thessaloniki model

Close
Cambridge , United Kingdom
₽9176
₽1206
₽8957
₽957
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
74 000
income
-
-
-
13 805
pensions
-
-
-
4 969
total
-
-
-
18 774
Employee
64 218
-
65 610
-
health
932
-
959
-
income
11 566
-
11 807
-
pensions
5 451
-
5 618
-
total
17 949
-
18 384
-
Employer
64 218
-
65 610
-
pensions
6 952
-
7 143
-
health
1 220
-
1 247
-
total
8 172
-
8 390
-
Corporate
1 610
74 000
-
-
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.

306
14 059
-
-
total
306
14 059
-
-
Dividends
1 305
59 941
-
-
withholding
98
4 496
-
-
total
98
4 496
-
-
Income
74 000
74 000
74 000
74 000
Total tax
26 525
18 555
26 774
18 774
After tax
47 475
55 445
47 226
55 226
Living cost
46 269
46 269
46 269
46 269
Free-cash
1 206
9 176
957
8 957

Estimated living cost  is ₽46269 per week

₽34665
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3468
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽484
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7652
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

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

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

Source of data for Cambridge model

Close
Zurich , Switzerland
-₽42433
-₽23763
-₽13895
-₽17697
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
74 000
city
-
-
-
780
pensions
-
-
-
6 807
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.

-
-
-
1 481
regional
-
-
-
2 016
health
-
-
-
249
national
-
-
-
289
total
-
-
-
11 622
Employee
89 259
-
66 235
-
city
958
-
711
-
regional
2 923
-
1 724
-
health
202
-
149
-
pensions
7 499
-
5 563
-
unemployment
-
-
-
-
national
422
-
241
-
total
12 004
-
8 388
-
Employer
89 259
-
66 235
-
other

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

1 785
-
1 324
-
unemployment
-
-
-
-
pensions
7 499
-
5 563
-
health
202
-
149
-
total
9 486
-
7 036
-
Corporate
-
74 000
-
-
regional
-
15 650
-
-
national
-
6 290
-
-
total
-
21 940
-
-
Dividends
-
52 060
-
-
withholding
-
18 220
-
-
total
-
18 220
-
-
Income
74 000
74 000
74 000
74 000
Total tax
21 490
40 160
15 424
11 622
After tax
52 510
33 840
58 576
62 378
Living cost
76 273
76 273
76 273
76 273
Free-cash
-23 763
-42 433
-17 697
-13 895

Estimated living cost  is ₽76273 per week

₽49599
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6845
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽936
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18892
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

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

Source of data for Zurich model

Close
Munich , Germany
-₽9498
₽6865
₽4278
₽8922
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
74 000
trade
-
-
-
4 644
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.

-
-
-
11 332
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.

-
-
-
622
total
-
-
-
23 492
Employee

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

60 649
-
74 000
-
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
-
622
-
income

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

7 132
-
11 332
-
total
14 419
-
18 848
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
13 351
74 000
-
-
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.

111
611
-
-
income
2 003
11 100
-
-
trade
2 290
12 691
-
-
chamber of commerce
172
257
-
-
total
4 576
24 659
-
-
Dividends
8 774
49 341
-
-
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.

100
657
-
-
withholding
1 810
11 952
-
-
total
1 910
12 609
-
-
Income
74 000
74 000
74 000
74 000
Total tax
20 905
37 268
18 848
23 492
After tax
53 095
36 732
55 152
50 508
Living cost
46 230
46 230
46 230
46 230
Free-cash
6 865
-9 498
8 922
4 278

Estimated living cost  is ₽46230 per week

₽33765
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3698
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽601
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8168
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Munich model

Close
Nice , France
₽2768
₽8732
₽9455
₽9731
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
74 000
income
-
-
-
4 114
pensions
-
-
-
20 861
other
-
-
-
2 294
health
-
-
-
640
surtax
-
-
-
-
social contributions
-
-
-
2 109
total
-
-
-
30 018
Employee
43 191
-
56 389
-
social contributions
1 231
-
1 607
-
surtax
-
-
-
-
income
2 549
-
4 144
-
pensions
4 883
-
6 379
-
total
8 663
-
12 130
-
Employer
43 191
-
56 389
-
other
1 490
-
1 946
-
social contributions
130
-
169
-
unemployment
1 748
-
2 285
-
pensions
7 095
-
9 265
-
health
3 024
-
3 947
-
total
13 487
-
17 612
-
Corporate
17 321
74 000
-
-
surtax
-
-
-
-
income
4 849
20 719
-
-
total
4 849
20 719
-
-
Dividends
12 472
53 281
-
-
surtax
-
-
-
-
social contributions
2 145
9 166
-
-
withholding
1 597
6 820
-
-
total
3 742
15 986
-
-
Income
74 000
74 000
74 000
74 000
Total tax
30 741
36 705
29 742
30 018
After tax
43 259
37 295
44 258
43 982
Living cost
34 527
34 527
34 527
34 527
Free-cash
8 732
2 768
9 731
9 455

Estimated living cost  is ₽34527 per week

₽21771
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2808
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽588
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9363
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Nice model

Close
Marseille , France
₽6189
₽11798
₽12876
₽13152
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
74 000
income
-
-
-
4 114
pensions
-
-
-
20 861
other
-
-
-
2 294
health
-
-
-
640
surtax
-
-
-
-
social contributions
-
-
-
2 109
total
-
-
-
30 018
Employee
38 554
-
56 389
-
social contributions
1 099
-
1 607
-
surtax
-
-
-
-
income
1 988
-
4 144
-
pensions
4 361
-
6 379
-
total
7 448
-
12 130
-
Employer
38 554
-
56 389
-
other
1 331
-
1 946
-
social contributions
115
-
169
-
unemployment
1 561
-
2 285
-
pensions
6 335
-
9 265
-
health
2 698
-
3 947
-
total
12 040
-
17 612
-
Corporate
23 406
74 000
-
-
surtax
-
-
-
-
income
6 553
20 719
-
-
total
6 553
20 719
-
-
Dividends
16 852
53 281
-
-
surtax
-
-
-
-
social contributions
2 899
9 166
-
-
withholding
2 156
6 820
-
-
total
5 055
15 986
-
-
Income
74 000
74 000
74 000
74 000
Total tax
31 096
36 705
29 742
30 018
After tax
42 904
37 295
44 258
43 982
Living cost
31 106
31 106
31 106
31 106
Free-cash
11 798
6 189
13 152
12 876

Estimated living cost  is ₽31106 per week

₽18040
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3160
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽590
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9317
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Marseille model

Close
Vilnius , Lithuania
₽23749
₽24272
₽26125
₽27648
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
74 000
income
-
-
-
11 100
health
-
-
-
5 165
social contributions
-
-
-
10 211
total
-
-
-
26 476
Employee
34 217
-
74 000
-
social contributions
4 723
-
10 211
-
health
2 388
-
5 165
-
income
5 707
-
9 577
-
total
12 818
-
24 953
-
Employer
34 217
-
74 000
-
total
-
-
-
-
Corporate
39 783
74 000
-
-
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%.

1 990
3 700
-
-
total
1 990
3 700
-
-
Dividends
37 793
70 300
-
-
health
2 637
4 906
-
-
social contributions
5 215
9 702
-
-
withholding
5 669
10 544
-
-
total
13 521
25 152
-
-
Income
74 000
74 000
74 000
74 000
Total tax
28 329
28 852
24 953
26 476
After tax
45 671
45 148
49 047
47 524
Living cost
21 399
21 399
21 399
21 399
Free-cash
24 272
23 749
27 648
26 125

Estimated living cost  is ₽21399 per week

₽14321
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1319
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽492
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5265
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Vilnius model

Close
Vienna , Austria
₽6376
₽4814
₽4157
-₽9711
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
74 000
chamber of commerce
-
-
-
297
income
-
-
-
8 246
pensions
-
-
-
13 691
unemployment
-
-
-
6 190
health
-
-
-
5 661
surtax
-
-
-
199
total
-
-
-
34 284
Employee
50 434
40 217
57 306
-
other
504
402
573
-
health
1 951
1 557
2 218
-
income
5 741
2 966
7 712
-
pensions
5 165
4 117
5 868
-
unemployment
1 513
1 207
1 720
-
total
14 874
10 249
18 091
-
Employer
50 434
40 217
57 306
-
accident
655
523
745
-
other
2 396
1 909
2 721
-
chamber of commerce
201
161
230
-
unemployment
1 513
1 207
1 720
-
surtax
199
199
199
-
pensions
6 329
5 048
7 191
-
payroll
1 513
1 207
1 720
-
health
1 906
1 521
2 166
-
total
14 712
11 775
16 692
-
Corporate
8 855
22 009
53 478
-
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.

2 214
5 502
13 369
-
total
2 214
5 502
13 369
-
Dividends
6 641
16 507
-
-
withholding
1 827
4 539
-
-
total
1 827
4 539
-
-
Income
74 000
74 000
74 000
74 000
Total tax
33 627
32 065
48 152
34 284
After tax
40 373
41 935
25 848
39 716
Living cost
35 559
35 559
35 559
35 559
Free-cash
4 814
6 376
-9 711
4 157

Estimated living cost  is ₽35559 per week

₽23716
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3033
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽584
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8225
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Vienna model

Close
Brussels , Belgium
₽4804
-₽19199
₽565
-₽6335
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
74 000
national
-
-
-
22 714
communal

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

-
-
-
3 834
social contributions
-
-
-
10 091
total
-
-
-
36 639
Employee

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

72 186
-
57 316
-
communal

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

3 765
-
2 989
-
health

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

3 392
-
2 693
-
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
-
4 299
-
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
-
498
-
national
22 193
-
16 375
-
total
35 392
-
26 854
-
Employer

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

72 186
-
57 316
-
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
-
745
-
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
-
837
-
surtax
8 185
-
6 500
-
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
-
5 079
-
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
-
3 524
-
total
21 011
-
16 685
-
Corporate
-
74 000
-
-
surtax
-
297
-
-
income
-
14 800
-
-
total
-
15 097
-
-
Dividends
-
58 903
-
-
withholding

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

-
17 303
-
-
total
-
17 303
-
-
Income
74 000
74 000
74 000
74 000
Total tax
56 403
32 400
43 539
36 639
After tax
17 597
41 600
30 461
37 361
Living cost
36 796
36 796
36 796
36 796
Free-cash
-19 199
4 804
-6 335
565

Estimated living cost  is ₽36796 per week

₽23701
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3217
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽576
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9302
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Brussels model

Close
Barcelona , Spain
₽13476
₽5341
₽3328
₽3854
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
74 000
accident
-
-
-
666
income
-
-
-
12 028
pensions
-
-
-
20 941
other
-
-
-
75
unemployment
-
-
-
517
total
-
-
-
34 227
Employee
50 234
-
56 109
-
other
50
-
56
-
income
10 599
-
12 252
-
pensions
2 361
-
2 637
-
unemployment
779
-
869
-
total
13 789
-
15 814
-
Employer
50 234
-
56 109
-
accident
994
-
1 111
-
other
400
-
450
-
unemployment
2 763
-
3 085
-
pensions
11 854
-
13 241
-
total
16 011
-
17 887
-
Corporate
7 754
74 000
-
-
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.

1 162
11 100
-
-
total
1 162
11 100
-
-
Dividends
6 592
62 900
-
-
withholding
1 252
12 979
-
-
total
1 252
12 979
-
-
Income
74 000
74 000
74 000
74 000
Total tax
32 214
24 079
33 701
34 227
After tax
41 786
49 921
40 299
39 773
Living cost
36 445
36 445
36 445
36 445
Free-cash
5 341
13 476
3 854
3 328

Estimated living cost  is ₽36445 per week

₽26838
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2585
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6496
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Barcelona model

Close
Luxembourg , Luxembourg
-₽8877
-₽11554
-₽7480
-₽6109
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
74 000
accident
-
-
-
666
income
-
-
-
4 667
pensions
-
-
-
11 839
health
-
-
-
5 550
surtax
-
-
-
3 916
communal
-
-
-
-
total
-
-
-
26 638
Employee
76 423
-
66 102
-
health
3 401
-
2 940
-
surtax
4 684
-
4 050
-
income
7 382
-
5 090
-
pensions
6 113
-
5 288
-
total
21 580
-
17 368
-
Employer
76 423
-
66 102
-
accident
688
-
596
-
pensions
6 113
-
5 288
-
health
2 331
-
2 015
-
total
9 132
-
7 899
-
Corporate
-
74 000
-
-
surtax
-
778
-
-
communal
-
4 995
-
-
income
-
11 100
-
-
total
-
16 873
-
-
Dividends
-
57 128
-
-
income
-
2 592
-
-
withholding
-
8 570
-
-
total
-
11 162
-
-
Income
74 000
74 000
74 000
74 000
Total tax
30 712
28 035
25 267
26 638
After tax
43 288
45 965
48 733
47 362
Living cost
54 842
54 842
54 842
54 842
Free-cash
-11 554
-8 877
-6 109
-7 480

Estimated living cost  is ₽54842 per week

₽41140
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3323
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽580
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9798
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Luxembourg model

Close
Athens , Greece
₽23878
₽20670
₽17813
₽16176
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
74 000
income
-
-
-
12 130
pensions
-
-
-
14 800
other
-
-
-
-
unemployment
-
-
-
230
health
-
-
-
5 253
surtax
-
-
-
1 107
total
-
-
-
33 520
Employee
33 985
-
61 131
-
other
-
-
-
-
health
868
-
1 559
-
surtax
121
-
984
-
income
5 697
-
11 412
-
pensions
2 267
-
4 077
-
unemployment
2 365
-
4 255
-
total
11 318
-
22 287
-
Employer
33 985
-
61 131
-
other
-
-
-
-
unemployment
1 078
-
1 938
-
pensions
4 531
-
8 149
-
health
1 545
-
2 783
-
total
7 154
-
12 870
-
Corporate
32 860
74 000
-
-
income
8 543
19 241
-
-
total
8 543
19 241
-
-
Dividends
24 317
54 759
-
-
withholding
3 648
8 214
-
-
total
3 648
8 214
-
-
Income
74 000
74 000
74 000
74 000
Total tax
30 663
27 455
35 157
33 520
After tax
43 337
46 545
38 843
40 480
Living cost
22 667
22 667
22 667
22 667
Free-cash
20 670
23 878
16 176
17 813

Estimated living cost  is ₽22667 per week

₽13685
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1971
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽527
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6486
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Athens model

Close
Naples , Italy
₽11711
₽9470
₽12388
₽8379
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
74 000
municipal
-
-
-
440
regional
-
-
-
1 115
national
-
-
-
13 840
social contributions
-
-
-
19 032
total
-
-
-
34 427
Employee
55 980
-
74 000
-
social contributions
18 877
-
24 954
-
regional
754
-
995
-
municipal
297
-
393
-
national
8 869
-
12 094
-
total
28 797
-
38 436
-
Employer
55 980
-
74 000
-
total
-
-
-
-
Corporate
18 020
74 000
-
-
nationa
4 324
17 761
-
-
municipal
896
3 677
-
-
total
5 220
21 438
-
-
Dividends
12 799
52 563
-
-
withholding
3 328
13 666
-
-
total
3 328
13 666
-
-
Income
74 000
74 000
74 000
74 000
Total tax
37 345
35 104
38 436
34 427
After tax
36 655
38 896
35 564
39 573
Living cost
27 185
27 185
27 185
27 185
Free-cash
9 470
11 711
8 379
12 388

Estimated living cost  is ₽27185 per week

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

Source of data for Naples model

Close
Prague , Czech Republic
₽21166
₽10540
₽6259
₽7769
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
74 000
income
-
-
-
6 360
health
-
-
-
9 990
solidarity contribution
-
-
-
-
social contributions
-
-
-
21 608
total
-
-
-
37 958
Employee
43 799
-
55 224
-
social contributions
2 847
-
3 590
-
health
5 913
-
7 455
-
solidarity contribution
-
-
-
-
income
5 256
-
6 627
-
total
14 016
-
17 672
-
Employer
43 799
-
55 224
-
social contributions
10 950
-
13 806
-
health
3 942
-
4 970
-
total
14 892
-
18 776
-
Corporate
15 309
74 000
-
-
income
2 909
14 060
-
-
total
2 909
14 060
-
-
Dividends
12 400
59 940
-
-
withholding
1 860
8 991
-
-
total
1 860
8 991
-
-
Income
74 000
74 000
74 000
74 000
Total tax
33 677
23 051
36 448
37 958
After tax
40 323
50 949
37 552
36 042
Living cost
29 783
29 783
29 783
29 783
Free-cash
10 540
21 166
7 769
6 259

Estimated living cost  is ₽29783 per week

₽22149
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1650
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽515
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5469
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Prague model

Close
Graz , Austria
₽9846
₽9348
₽7719
-₽6305
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
74 000
chamber of commerce
-
-
-
297
income
-
-
-
8 246
pensions
-
-
-
13 691
unemployment
-
-
-
6 190
health
-
-
-
5 661
surtax
-
-
-
-
total
-
-
-
34 085
Employee
44 114
40 217
57 463
-
other
440
402
575
-
health
1 706
1 557
2 223
-
income
3 930
2 966
7 756
-
pensions
4 518
4 117
5 885
-
unemployment
1 323
1 207
1 724
-
total
11 917
10 249
18 163
-
Employer
44 114
40 217
57 463
-
accident
573
523
747
-
other
2 095
1 909
2 729
-
chamber of commerce
176
161
230
-
unemployment
1 323
1 207
1 724
-
surtax
-
-
-
-
pensions
5 537
5 048
7 212
-
payroll
1 323
1 207
1 724
-
health
1 668
1 521
2 172
-
total
12 695
11 576
16 538
-
Corporate
17 191
22 208
53 633
-
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.

4 297
5 552
13 408
-
total
4 297
5 552
13 408
-
Dividends
12 894
16 657
-
-
withholding
3 547
4 581
-
-
total
3 547
4 581
-
-
Income
74 000
74 000
74 000
74 000
Total tax
32 456
31 958
48 109
34 085
After tax
41 544
42 042
25 891
39 915
Living cost
32 196
32 196
32 196
32 196
Free-cash
9 348
9 846
-6 305
7 719

Estimated living cost  is ₽32196 per week

₽19314
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3288
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽575
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9020
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Graz model

Close
Tbilisi , Georgia
₽56151
₽53498
₽59111
₽45051
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
74 000
microenterprise

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

-
-
-
740
total
-
-
-
740
Employee
17 686
-
74 000
-
income
3 537
-
14 800
-
total
3 537
-
14 800
-
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%.

56 314
74 000
-
-
total
-
-
-
-
Dividends
56 314
74 000
-
-
withholding
2 816
3 700
-
-
total
2 816
3 700
-
-
Income
74 000
74 000
74 000
74 000
Total tax
6 353
3 700
14 800
740
After tax
67 647
70 300
59 200
73 260
Living cost
14 149
14 149
14 149
14 149
Free-cash
53 498
56 151
45 051
59 111

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
₽23880
₽15440
₽12398
₽10277
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
74 000
income
-
-
-
13 627
pensions
-
-
-
13 515
unemployment
-
-
-
111
health
-
-
-
7 281
total
-
-
-
34 534
Employee

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

44 626
-
64 032
-
health
2 882
-
4 137
-
income
7 696
-
12 534
-
pensions
6 917
-
9 926
-
unemployment
63
-
90
-
total
17 558
-
26 687
-
Employer

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

44 626
-
64 032
-
unemployment
27
-
38
-
pensions
3 949
-
5 667
-
health
2 972
-
4 263
-
total
6 948
-
9 968
-
Corporate
22 426
74 000
-
-
income
4 261
14 061
-
-
total
4 261
14 061
-
-
Dividends
18 165
59 939
-
-
withholding
2 725
8 991
-
-
total
2 725
8 991
-
-
Income
74 000
74 000
74 000
74 000
Total tax
31 492
23 052
36 655
34 534
After tax
42 508
50 948
37 345
39 466
Living cost
27 068
27 068
27 068
27 068
Free-cash
15 440
23 880
10 277
12 398

Estimated living cost  is ₽27068 per week

₽18576
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1735
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6234
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Ljubljana model

Close
Oslo , Norway
₽1442
-₽76594
₽7560
₽17133
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
74 000
income
-
-
-
14 424
social contributions
-
-
-
8 436
total
-
-
-
22 860
Employee
62 487
-
-
-
social contributions
5 124
-
730
-
income
13 783
-
-
-
total
18 907
-
730
-
Employer
62 487
-
-
-
social contributions
88 107
-
12 557
-
total
88 107
-
12 557
-
Corporate
-
74 000
-
-
income
-
16 280
-
-
total
-
16 280
-
-
Dividends
-
57 720
-
-
income
-
12 698
-
-
total
-
12 698
-
-
Income
74 000
74 000
74 000
74 000
Total tax
107 014
28 978
13 287
22 860
After tax
-33 014
45 022
60 713
51 140
Living cost
43 580
43 580
43 580
43 580
Free-cash
-76 594
1 442
17 133
7 560

Estimated living cost  is ₽43580 per week

₽28276
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4099
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽555
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10649
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Oslo model

Close
Lisbon , Portugal
₽10437
₽9421
₽10423
₽7636
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
74 000
income
-
-
-
6 207
surtax
-
-
-
-
social contributions

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

-
-
-
25 716
total
-
-
-
31 923
Employee
46 414
-
59 798
-
social contributions
5 106
-
6 578
-
surtax
-
-
-
-
income
9 654
-
13 930
-
total
14 760
-
20 508
-
Employer
46 414
-
59 798
-
social contributions
11 023
-
14 202
-
total
11 023
-
14 202
-
Corporate
16 563
74 000
-
-
surtax
-
-
-
-
income
3 478
15 541
-
-
total
3 478
15 541
-
-
Dividends
13 085
58 459
-
-
withholding
3 664
16 368
-
-
total
3 664
16 368
-
-
Income
74 000
74 000
74 000
74 000
Total tax
32 925
31 909
34 710
31 923
After tax
41 075
42 091
39 290
42 077
Living cost
31 654
31 654
31 654
31 654
Free-cash
9 421
10 437
7 636
10 423

Estimated living cost  is ₽31654 per week

₽23684
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1867
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽529
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5575
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Lisbon model

Close
Paris , France
-₽11446
-₽8946
-₽4759
-₽4483
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
74 000
income
-
-
-
4 114
pensions
-
-
-
20 861
other
-
-
-
2 294
health
-
-
-
640
surtax
-
-
-
-
social contributions
-
-
-
2 109
total
-
-
-
30 018
Employee
63 206
-
56 389
-
social contributions
1 800
-
1 607
-
surtax
-
-
-
-
income
5 515
-
4 144
-
pensions
7 149
-
6 379
-
total
14 464
-
12 130
-
Employer
63 206
-
56 389
-
other
2 181
-
1 946
-
social contributions
190
-
169
-
unemployment
2 560
-
2 285
-
pensions
10 386
-
9 265
-
health
4 424
-
3 947
-
total
19 741
-
17 612
-
Corporate
-
74 000
-
-
surtax
-
-
-
-
income
-
20 719
-
-
total
-
20 719
-
-
Dividends
-
53 281
-
-
surtax
-
-
-
-
social contributions
-
9 166
-
-
withholding
-
6 820
-
-
total
-
15 986
-
-
Income
74 000
74 000
74 000
74 000
Total tax
34 205
36 705
29 742
30 018
After tax
39 795
37 295
44 258
43 982
Living cost
48 742
48 742
48 742
48 742
Free-cash
-8 946
-11 446
-4 483
-4 759

Estimated living cost  is ₽48742 per week

₽32987
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3987
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽668
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11098
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Paris model

Close
Andorra , Andorra
₽36265
₽32875
₽26797
₽28871
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
74 000
income
-
-
-
588
social contributions
-
-
-
16 280
total
-
-
-
16 868
Employee
32 444
-
64 068
-
income
-
-
697
-
social contributions
2 109
-
4 165
-
total
2 109
-
4 862
-
Employer
32 444
-
64 068
-
social contributions
5 029
-
9 932
-
total
5 029
-
9 932
-
Corporate
36 527
74 000
-
-
income
3 652
7 400
-
-
total
3 652
7 400
-
-
Dividends
32 875
66 600
-
-
total
-
-
-
-
Income
74 000
74 000
74 000
74 000
Total tax
10 790
7 400
14 794
16 868
After tax
63 210
66 600
59 206
57 132
Living cost
30 335
30 335
30 335
30 335
Free-cash
32 875
36 265
28 871
26 797

Estimated living cost  is ₽30335 per week

₽19614
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2287
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽571
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7863
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Andorra model

Close
Copenhagen , Denmark
-₽145971
-₽145971
-₽1620
-₽145971
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
74 000
municipal
-
-
-
12 835
pensions
-
-
-
875
national
-
-
-
7 437
labour market
-
-
-
5 850
total
-
-
-
26 997
Employee
205 225
205 225
205 225
-
labour market
16 395
16 395
16 395
-
national
25 072
25 072
25 072
-
municipal
43 701
43 701
43 701
-
pensions
292
292
292
-
total
85 460
85 460
85 460
-
Employer
205 225
205 225
205 225
-
labour market
16 418
16 418
16 418
-
municipal
43 771
43 771
43 771
-
pensions
583
583
583
-
national
25 116
25 116
25 116
-
total
85 888
85 888
85 888
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
74 000
74 000
74 000
74 000
Total tax
171 348
171 348
171 348
26 997
After tax
-97 348
-97 348
-97 348
47 003
Living cost
48 623
48 623
48 623
48 623
Free-cash
-145 971
-145 971
-145 971
-1 620

Estimated living cost  is ₽48623 per week

₽33278
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4301
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽748
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10296
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Copenhagen model

Close
Krakow , Poland
-₽15749
₽2658
₽29213
₽15952
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
74 000
accident
-
-
-
253
income
-
-
-
16 057
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
23 044
Employee
34 203
-
61 472
-
health
3 917
-
7 039
-
income
4 692
-
9 816
-
pensions
3 852
-
6 922
-
total
12 461
-
23 777
-
Employer
34 203
-
61 472
-
accident
571
-
1 026
-
unemployment
838
-
1 506
-
pensions
5 561
-
9 996
-
total
6 970
-
12 528
-
Corporate
32 826
74 000
-
-
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.

29 544
66 600
-
-
total
29 544
66 600
-
-
Dividends
3 282
7 400
-
-
withholding
624
1 406
-
-
total
624
1 406
-
-
Income
74 000
74 000
74 000
74 000
Total tax
49 599
68 006
36 305
23 044
After tax
24 401
5 994
37 695
50 956
Living cost
21 743
21 743
21 743
21 743
Free-cash
2 658
-15 749
15 952
29 213

Estimated living cost  is ₽21743 per week

₽15827
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1239
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽408
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4269
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Krakow model

Close
Helsinki , Finland
₽11821
₽7534
₽16415
₽5600
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
74 000
municipal
-
-
-
13 191
health
-
-
-
718
national
-
-
-
4 931
total
-
-
-
18 840
Employee
53 094
-
62 253
-
health
396
-
538
-
municipal
8 696
-
10 184
-
pensions
3 583
-
4 202
-
unemployment
797
-
935
-
national
877
-
2 049
-
total
14 349
-
17 908
-
Employer
53 094
-
62 253
-
accident
54
-
63
-
unemployment
345
-
404
-
pensions
9 212
-
10 801
-
health
408
-
479
-
total
10 019
-
11 747
-
Corporate
10 888
74 000
-
-
income
2 177
14 800
-
-
total
2 177
14 800
-
-
Dividends

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

6 533
44 400
-
-
national
-
642
-
-
municipal
1 176
7 992
-
-
total
1 176
8 634
-
-
Income
74 000
74 000
74 000
74 000
Total tax
27 721
23 434
29 655
18 840
After tax
46 279
50 566
44 345
55 160
Living cost
38 745
38 745
38 745
38 745
Free-cash
7 534
11 821
5 600
16 415

Estimated living cost  is ₽38745 per week

₽25308
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3727
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽617
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9095
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Helsinki model

Close
Larnaca , Cyprus
₽27817
₽25465
₽32212
₽29601
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
74 000
income
-
-
-
4 993
health
-
-
-
1 886
social contributions
-
-
-
11 544
total
-
-
-
18 423
Employee
77 600
77 600
77 600
-
social contributions
2 934
6 440
5 577
-
health
601
1 319
1 141
-
income
8 449
7 183
7 496
-
total
11 984
14 942
14 214
-
Employer
77 600
77 600
77 600
-
social contributions
2 934
6 440
5 577
-
health
653
1 436
1 243
-
total
3 587
7 876
6 820
-
Corporate
35 063
-
-
-
income
4 384
-
-
-
total
4 384
-
-
-
Dividends
30 680
-
-
-
withholding
5 215
-
-
-
total
5 215
-
-
-
Income
74 000
74 000
74 000
74 000
Total tax
25 170
22 818
21 034
18 423
After tax
48 830
51 182
52 966
55 577
Living cost
23 365
23 365
23 365
23 365
Free-cash
25 465
27 817
29 601
32 212

Estimated living cost  is ₽23365 per week

₽14003
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2292
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽517
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6553
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Larnaca model

Close
Podgorica , Montenegro
₽45255
₽40121
₽41205
₽29715
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
74 000
income
-
-
-
6 672
pensions
-
-
-
6 419
unemployment
-
-
-
29
health
-
-
-
3 652
total
-
-
-
16 772
Employee

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

23 164
-
67 090
-
health
1 969
-
5 703
-
income
1 584
-
5 251
-
pensions
3 474
-
10 064
-
unemployment
115
-
335
-
total
7 142
-
21 353
-
Employer

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

23 164
-
67 090
-
unemployment
115
-
335
-
pensions
1 274
-
3 690
-
health
996
-
2 884
-
total
2 385
-
6 909
-
Corporate
48 452
74 000
-
-
income
4 361
6 661
-
-
total
4 361
6 661
-
-
Dividends
44 091
67 339
-
-
withholding
3 968
6 061
-
-
total
3 968
6 061
-
-
Income
74 000
74 000
74 000
74 000
Total tax
17 856
12 722
28 262
16 772
After tax
56 144
61 278
45 738
57 228
Living cost
16 023
16 023
16 023
16 023
Free-cash
40 121
45 255
29 715
41 205

Estimated living cost  is ₽16023 per week

₽10223
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1155
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4167
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Podgorica model

Close
Valencia , Spain
₽22170
₽16877
₽12022
₽12548
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
74 000
accident
-
-
-
666
income
-
-
-
12 028
pensions
-
-
-
20 941
other
-
-
-
75
unemployment
-
-
-
517
total
-
-
-
34 227
Employee
37 315
-
56 109
-
other
36
-
56
-
income
7 194
-
12 252
-
pensions
1 754
-
2 637
-
unemployment
578
-
869
-
total
9 562
-
15 814
-
Employer
37 315
-
56 109
-
accident
739
-
1 111
-
other
299
-
450
-
unemployment
2 053
-
3 085
-
pensions
8 806
-
13 241
-
total
11 897
-
17 887
-
Corporate
24 789
74 000
-
-
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.

3 719
11 100
-
-
total
3 719
11 100
-
-
Dividends
21 069
62 900
-
-
withholding
4 194
12 979
-
-
total
4 194
12 979
-
-
Income
74 000
74 000
74 000
74 000
Total tax
29 372
24 079
33 701
34 227
After tax
44 628
49 921
40 299
39 773
Living cost
27 751
27 751
27 751
27 751
Free-cash
16 877
22 170
12 548
12 022

Estimated living cost  is ₽27751 per week

₽18731
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2668
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5866
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Valencia model

Close
Istanbul , Turkey
₽43420
₽42966
₽43726
₽43528
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
74 000
income
-
-
-
24 051
pensions
-
-
-
2 010
health
-
-
-
1 457
total
-
-
-
27 518
Employee
4 198
-
71 738
-
health
210
-
503
-
income
812
-
23 945
-
pensions
378
-
905
-
unemployment
42
-
101
-
total
1 442
-
25 454
-
Employer
4 198
-
71 738
-
unemployment
84
-
201
-
pensions
462
-
1 106
-
health
399
-
955
-
total
945
-
2 262
-
Corporate
68 858
74 000
-
-
income
15 149
16 280
-
-
total
15 149
16 280
-
-
Dividends
53 709
57 720
-
-
withholding
10 742
11 544
-
-
total
10 742
11 544
-
-
Income
74 000
74 000
74 000
74 000
Total tax
28 278
27 824
27 716
27 518
After tax
45 722
46 176
46 284
46 482
Living cost
2 756
2 756
2 756
2 756
Free-cash
42 966
43 420
43 528
43 726

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
₽36012
₽31047
₽18583
₽21343
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
74 000
income
-
-
-
9 992
pensions
-
-
-
19 240
unemployment
-
-
-
1 110
health
-
-
-
7 622
total
-
-
-
37 964
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
-
62 765
-
health
1 355
-
3 232
-
income
3 628
-
11 479
-
pensions
3 685
-
8 787
-
unemployment
197
-
471
-
total
8 865
-
23 969
-
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
-
62 765
-
unemployment
197
-
471
-
pensions
3 158
-
7 532
-
health
1 355
-
3 232
-
total
4 710
-
11 235
-
Corporate
42 970
74 000
-
-
income
6 446
11 100
-
-
total
6 446
11 100
-
-
Dividends
36 525
62 900
-
-
withholding
5 479
9 435
-
-
total
5 479
9 435
-
-
Income
74 000
74 000
74 000
74 000
Total tax
25 500
20 535
35 204
37 964
After tax
48 500
53 465
38 796
36 036
Living cost
17 453
17 453
17 453
17 453
Free-cash
31 047
36 012
21 343
18 583

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
₽14885
₽14520
₽14871
₽12084
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
74 000
income
-
-
-
6 207
surtax
-
-
-
-
social contributions

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

-
-
-
25 716
total
-
-
-
31 923
Employee
39 168
-
59 798
-
social contributions
4 309
-
6 578
-
surtax
-
-
-
-
income
7 653
-
13 930
-
total
11 962
-
20 508
-
Employer
39 168
-
59 798
-
social contributions
9 302
-
14 202
-
total
9 302
-
14 202
-
Corporate
25 530
74 000
-
-
surtax
-
-
-
-
income
5 362
15 541
-
-
total
5 362
15 541
-
-
Dividends
20 168
58 459
-
-
withholding
5 648
16 368
-
-
total
5 648
16 368
-
-
Income
74 000
74 000
74 000
74 000
Total tax
32 274
31 909
34 710
31 923
After tax
41 726
42 091
39 290
42 077
Living cost
27 206
27 206
27 206
27 206
Free-cash
14 520
14 885
12 084
14 871

Estimated living cost  is ₽27206 per week

₽19270
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1890
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽483
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5565
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Porto model

Close
Madrid , Spain
₽14454
₽6692
₽4306
₽4832
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
74 000
accident
-
-
-
666
income
-
-
-
12 028
pensions
-
-
-
20 941
other
-
-
-
75
unemployment
-
-
-
517
total
-
-
-
34 227
Employee
48 738
-
56 109
-
other
48
-
56
-
income
10 180
-
12 252
-
pensions
2 290
-
2 637
-
unemployment
755
-
869
-
total
13 273
-
15 814
-
Employer
48 738
-
56 109
-
accident
965
-
1 111
-
other
391
-
450
-
unemployment
2 681
-
3 085
-
pensions
11 502
-
13 241
-
total
15 539
-
17 887
-
Corporate
9 723
74 000
-
-
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.

1 459
11 100
-
-
total
1 459
11 100
-
-
Dividends
8 263
62 900
-
-
withholding
1 570
12 979
-
-
total
1 570
12 979
-
-
Income
74 000
74 000
74 000
74 000
Total tax
31 841
24 079
33 701
34 227
After tax
42 159
49 921
40 299
39 773
Living cost
35 467
35 467
35 467
35 467
Free-cash
6 692
14 454
4 832
4 306

Estimated living cost  is ₽35467 per week

₽25471
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2758
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽500
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6739
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Madrid model

Close
Sofia , Bulgaria
₽45899
₽39745
₽36112
₽37893
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
74 000
income
-
-
-
11 100
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
-
-
-
20 517
Employee
23 001
-
67 080
-
health
1 058
-
1 622
-
accident

We are using the highest rate at 1.1%.

253
-
388
-
income
2 300
-
6 708
-
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
-
11 815
-
Employer
23 001
-
67 080
-
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
46 486
74 000
-
-
income
4 649
7 400
-
-
total
4 649
7 400
-
-
Dividends
41 837
66 600
-
-
withholding
2 092
3 330
-
-
total
2 092
3 330
-
-
Income
74 000
74 000
74 000
74 000
Total tax
16 884
10 730
18 736
20 517
After tax
57 116
63 270
55 264
53 483
Living cost
17 370
17 370
17 370
17 370
Free-cash
39 745
45 899
37 893
36 112

Estimated living cost  is ₽17370 per week

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

Source of data for Sofia model

Close
Berlin , Germany
-₽708
₽12496
₽12305
₽16191
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
74 000
trade
-
-
-
3 886
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.

-
-
-
11 332
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.

-
-
-
622
total
-
-
-
22 734
Employee

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

50 212
-
74 000
-
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
-
622
-
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
-
11 332
-
total
11 251
-
18 848
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
23 788
74 000
-
-
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.

195
611
-
-
income
3 568
11 100
-
-
trade
3 413
10 619
-
-
chamber of commerce
188
262
-
-
total
7 364
22 592
-
-
Dividends
16 424
51 408
-
-
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.

205
686
-
-
withholding
3 723
12 469
-
-
total
3 928
13 155
-
-
Income
74 000
74 000
74 000
74 000
Total tax
22 543
35 747
18 848
22 734
After tax
51 457
38 253
55 152
51 266
Living cost
38 961
38 961
38 961
38 961
Free-cash
12 496
-708
16 191
12 305

Estimated living cost  is ₽38961 per week

₽26876
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4192
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽565
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7327
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Berlin model

Close
Dublin , Ireland
-₽5687
-₽4941
-₽2421
-₽2421
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
74 000
income
-
-
-
12 919
social contributions
-
-
-
6 015
total
-
-
-
18 934
Employee
78 939
-
74 000
-
income
14 896
-
12 919
-
social contributions
6 558
-
6 015
-
total
21 454
-
18 934
-
Employer
78 939
-
74 000
-
total
-
-
-
-
Corporate
-
74 000
-
-
income
-
9 250
-
-
total
-
9 250
-
-
Dividends
-
64 750
-
-
withholding
-
12 950
-
-
total
-
12 950
-
-
Income
74 000
74 000
74 000
74 000
Total tax
21 454
22 200
18 934
18 934
After tax
52 546
51 800
55 066
55 066
Living cost
57 487
57 487
57 487
57 487
Free-cash
-4 941
-5 687
-2 421
-2 421

Estimated living cost  is ₽57487 per week

₽43735
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4684
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽550
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8518
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Dublin model

Close
Sliema , Malta
₽6135
₽11982
₽1900
₽17295
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
74 000
income
-
-
-
28 726
health

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

-
-
-
6 741
total
-
-
-
35 467
Employee
46 295
-
69 358
-
income
5 023
-
10 788
-
social contributions
4 638
-
4 642
-
total
9 661
-
15 430
-
Employer
46 295
-
69 358
-
social contributions
4 638
-
4 642
-
total
4 638
-
4 642
-
Corporate
23 067
74 000
-
-
income
8 074
25 900
-
-
total
8 074
25 900
-
-
Dividends
14 993
48 100
-
-
social contributions
3 012
5 332
-
-
total
3 012
5 332
-
-
Income
74 000
74 000
74 000
74 000
Total tax
25 385
31 232
20 072
35 467
After tax
48 615
42 768
53 928
38 533
Living cost
36 633
36 633
36 633
36 633
Free-cash
11 982
6 135
17 295
1 900

Estimated living cost  is ₽36633 per week

₽24130
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2888
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽561
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9053
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Sliema model

Close
Edinburgh , United Kingdom
₽17830
₽12115
₽17611
₽9611
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
74 000
income
-
-
-
13 805
pensions
-
-
-
4 969
total
-
-
-
18 774
Employee
51 632
-
65 610
-
health
674
-
959
-
income
9 403
-
11 807
-
pensions
3 941
-
5 618
-
total
14 018
-
18 384
-
Employer
51 632
-
65 610
-
pensions
5 217
-
7 143
-
health
981
-
1 247
-
total
6 198
-
8 390
-
Corporate
16 170
74 000
-
-
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.

3 073
14 059
-
-
total
3 073
14 059
-
-
Dividends
13 097
59 941
-
-
withholding
981
4 496
-
-
total
981
4 496
-
-
Income
74 000
74 000
74 000
74 000
Total tax
24 270
18 555
26 774
18 774
After tax
49 730
55 445
47 226
55 226
Living cost
37 615
37 615
37 615
37 615
Free-cash
12 115
17 830
9 611
17 611

Estimated living cost  is ₽37615 per week

₽25804
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3459
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽471
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7879
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

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

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

Source of data for Edinburgh model

Close
Warsaw , Poland
-₽17902
₽2327
₽27060
₽13799
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
74 000
accident
-
-
-
253
income
-
-
-
16 057
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
23 044
Employee
37 589
-
61 472
-
health
4 304
-
7 039
-
income
5 157
-
9 816
-
pensions
4 233
-
6 922
-
total
13 694
-
23 777
-
Employer
37 589
-
61 472
-
accident
628
-
1 026
-
unemployment
921
-
1 506
-
pensions
6 112
-
9 996
-
total
7 661
-
12 528
-
Corporate
28 751
74 000
-
-
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.

25 876
66 600
-
-
total
25 876
66 600
-
-
Dividends
2 875
7 400
-
-
withholding
546
1 406
-
-
total
546
1 406
-
-
Income
74 000
74 000
74 000
74 000
Total tax
47 777
68 006
36 305
23 044
After tax
26 223
5 994
37 695
50 956
Living cost
23 896
23 896
23 896
23 896
Free-cash
2 327
-17 902
13 799
27 060

Estimated living cost  is ₽23896 per week

₽17537
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1392
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽481
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4485
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Warsaw model

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Skopje , Macedonia
₽49269
₽44362
₽29388
₽29388
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
74 000
work injury
-
-
-
370
health insurance
-
-
-
5 476
income
-
-
-
10 631
pensions
-
-
-
13 616
unemployment
-
-
-
888
total
-
-
-
30 981
Employee

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

21 810
-
74 000
-
work injury
109
-
370
-
income
2 181
-
10 631
-
pensions
4 013
-
13 616
-
health insurance
1 614
-
5 476
-
unemployment
262
-
888
-
total
8 179
-
30 981
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
52 190
74 000
-
-
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
52 190
74 000
-
-
withholding
7 828
11 100
-
-
total
7 828
11 100
-
-
Income
74 000
74 000
74 000
74 000
Total tax
16 007
11 100
30 981
30 981
After tax
57 993
62 900
43 019
43 019
Living cost
13 631
13 631
13 631
13 631
Free-cash
44 362
49 269
29 388
29 388

Estimated living cost  is ₽13631 per week

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

Source of data for Skopje model

Close
Rome , Italy
-₽1225
-₽11040
-₽799
-₽4743
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
74 000
municipal
-
-
-
494
regional
-
-
-
1 230
national
-
-
-
13 840
social contributions
-
-
-
19 032
total
-
-
-
34 596
Employee
85 039
-
74 000
-
social contributions
28 675
-
24 954
-
regional
1 284
-
1 052
-
municipal
507
-
440
-
national
14 371
-
12 094
-
total
44 837
-
38 540
-
Employer
85 039
-
74 000
-
total
-
-
-
-
Corporate
-
74 000
-
-
nationa
-
17 761
-
-
municipal
-
3 566
-
-
total
-
21 327
-
-
Dividends
-
52 674
-
-
withholding
-
13 695
-
-
total
-
13 695
-
-
Income
74 000
74 000
74 000
74 000
Total tax
44 837
35 022
38 540
34 596
After tax
29 163
38 978
35 460
39 404
Living cost
40 203
40 203
40 203
40 203
Free-cash
-11 040
-1 225
-4 743
-799

Estimated living cost  is ₽40203 per week

₽28240
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2765
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽607
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8589
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rome model

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