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
₽ 74500
per

Your estimated
City
free-cash

Dresden , Germany
₽7280
₽24989
₽20620
₽18406
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
74 500
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.

-
-
-
11 541
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.

-
-
-
636
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.

-
-
-
6 871
trade
-
-
-
4 369
total
-
-
-
23 417
Employee

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

38 468
-
74 500
-
surtax

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

59
-
636
-
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.

1 075
-
11 541
-
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.

6 871
-
6 871
-
total
8 005
-
19 048
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
36 032
74 500
-
-
income
5 405
11 175
-
-
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.

298
615
-
-
chamber of commerce
204
260
-
-
trade
5 674
11 734
-
-
total
11 581
23 784
-
-
Dividends
24 451
50 717
-
-
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.

315
676
-
-
withholding
5 730
12 297
-
-
total
6 045
12 973
-
-
Income
74 500
74 500
74 500
74 500
Total tax
25 631
36 757
19 048
23 417
After tax
48 869
37 743
55 452
51 083
Living cost
30 463
30 463
30 463
30 463
Free-cash
18 406
7 280
24 989
20 620

Estimated living cost  is ₽30463 per week

₽19162
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3552
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽569
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7180
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽6923
-₽6869
-₽7455
-₽15811
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
74 500
social contributions
-
-
-
801
municipal
-
-
-
7 375
national
-
-
-
11 428
pensions
-
-
-
8 940
total
-
-
-
28 544
Employee
82 797
-
64 405
-
municipal
10 227
-
7 663
-
pensions
3 312
-
2 576
-
national
15 847
-
11 875
-
total
29 386
-
22 114
-
Employer
82 797
-
64 405
-
pensions
6 624
-
5 152
-
social contributions
890
-
692
-
total
7 514
-
5 844
-
Corporate
-
74 500
-
-
income

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

-
14 900
-
-
total
-
14 900
-
-
Dividends
-
59 600
-
-
withholding
-
13 112
-
-
total
-
13 112
-
-
Income
74 500
74 500
74 500
74 500
Total tax
36 900
28 012
27 958
28 544
After tax
37 600
46 488
46 542
45 956
Living cost
53 411
53 411
53 411
53 411
Free-cash
-15 811
-6 923
-6 869
-7 455

Estimated living cost  is ₽53411 per week

₽36303
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4965
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽799
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11344
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38676
₽21365
₽39235
₽30427
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
74 500
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.

-
-
-
3 166
microenterprise
-
-
-
11 175
total
-
-
-
14 341
Employee
29 388
-
60 037
-
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.

3 233
-
6 604
-
income
5 231
-
11 144
-
total
8 464
-
17 748
-
Employer
29 388
-
60 037
-
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.

7 079
-
14 463
-
surtax
-
-
-
-
total
7 079
-
14 463
-
Corporate
38 033
74 500
-
-
income

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

7 606
14 900
-
-
total
7 606
14 900
-
-
Dividends

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

30 427
59 600
-
-
total
-
-
-
-
Income
74 500
74 500
74 500
74 500
Total tax
23 149
14 900
32 211
14 341
After tax
51 351
59 600
42 289
60 159
Living cost
20 924
20 924
20 924
20 924
Free-cash
30 427
38 676
21 365
39 235

Estimated living cost  is ₽20924 per week

₽13349
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1993
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.
₽5107
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽19727
-₽25373
₽300
-₽25373
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
74 500
income
-
-
-
9 720
health
-
-
-
10 564
pensions
-
-
-
11 784
total
-
-
-
32 068
Employee
85 887
85 887
85 887
-
pensions
15 460
11 784
15 460
-
income

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

14 058
14 058
14 058
-
health
13 183
11 213
13 183
-
total
42 701
37 055
42 701
-
Employer
85 887
85 887
85 887
-
health
5 970
5 970
5 970
-
pensions
5 978
5 978
5 978
-
unemployment
3 092
3 092
3 092
-
total
15 040
15 040
15 040
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
74 500
74 500
74 500
74 500
Total tax
57 741
52 095
57 741
32 068
After tax
16 759
22 405
16 759
42 432
Living cost
42 132
42 132
42 132
42 132
Free-cash
-25 373
-19 727
-25 373
300

Estimated living cost  is ₽42132 per week

₽29858
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3798
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽670
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7806
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽529
-₽1422
-₽4069
-₽2663
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
74 500
accident
-
-
-
149
other
-
-
-
8 657
unemployment
-
-
-
75
health
-
-
-
4 649
municipal
-
-
-
15 780
national
-
-
-
-
pensions
-
-
-
8 053
total
-
-
-
37 363
Employee
58 715
-
56 689
-
municipal
17 509
-
16 905
-
national
-
-
-
-
total
17 509
-
16 905
-
Employer
58 715
-
56 689
-
health
3 611
-
3 486
-
pensions
6 347
-
6 128
-
accident
117
-
113
-
unemployment
1 550
-
1 497
-
other
6 823
-
6 587
-
total
18 448
-
17 811
-
Corporate
-
74 500
-
-
income
-
16 390
-
-
total
-
16 390
-
-
Dividends
-
58 110
-
-
withholding
-
17 433
-
-
total
-
17 433
-
-
Income
74 500
74 500
74 500
74 500
Total tax
35 957
33 823
34 716
37 363
After tax
38 543
40 677
39 784
37 137
Living cost
41 206
41 206
41 206
41 206
Free-cash
-2 663
-529
-1 422
-4 069

Estimated living cost  is ₽41206 per week

₽27310
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4043
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽626
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9227
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽2152
₽15942
₽11379
₽11982
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
74 500
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.

-
-
-
11 541
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.

-
-
-
636
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.

-
-
-
6 871
trade
-
-
-
4 563
total
-
-
-
23 611
Employee

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

51 004
-
74 500
-
surtax

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

240
-
636
-
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.

4 382
-
11 541
-
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.

6 871
-
6 871
-
total
11 493
-
19 048
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
23 496
74 500
-
-
income
3 525
11 175
-
-
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
615
-
-
chamber of commerce
187
260
-
-
trade
3 865
12 255
-
-
total
7 772
24 305
-
-
Dividends
15 725
50 196
-
-
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
670
-
-
withholding
3 548
12 167
-
-
total
3 743
12 837
-
-
Income
74 500
74 500
74 500
74 500
Total tax
23 008
37 142
19 048
23 611
After tax
51 492
37 358
55 452
50 889
Living cost
39 510
39 510
39 510
39 510
Free-cash
11 982
-2 152
15 942
11 379

Estimated living cost  is ₽39510 per week

₽26424
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4166
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.
₽8329
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽19136
₽20803
₽23231
₽17891
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
74 500
income
-
-
-
5 128
social contributions
-
-
-
11 621
health
-
-
-
1 899
total
-
-
-
18 648
Employee
77 337
77 337
77 337
-
social contributions
3 758
6 419
5 613
-
income
8 121
7 159
7 449
-
health
769
1 315
1 149
-
total
12 648
14 893
14 211
-
Employer
77 337
77 337
77 337
-
health
838
1 431
1 252
-
social contributions
3 758
6 419
5 613
-
total
4 596
7 850
6 865
-
Corporate
24 634
-
-
-
income
3 079
-
-
-
total
3 079
-
-
-
Dividends
21 556
-
-
-
withholding
3 665
-
-
-
total
3 665
-
-
-
Income
74 500
74 500
74 500
74 500
Total tax
23 988
22 743
21 076
18 648
After tax
50 512
51 757
53 424
55 852
Living cost
32 621
32 621
32 621
32 621
Free-cash
17 891
19 136
20 803
23 231

Estimated living cost  is ₽32621 per week

₽22300
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2548
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽548
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7226
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽23614
₽24734
₽33155
₽23997
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
74 500
income
-
-
-
9 108
unemployment
-
-
-
1 117
health
-
-
-
5 215
pensions
-
-
-
7 450
total
-
-
-
22 890
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.

26 641
10 603
62 343
-
unemployment
400
159
935
-
pensions
2 664
1 060
6 234
-
income
3 257
1 296
7 621
-
health
1 865
742
4 364
-
total
8 186
3 257
19 154
-
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.

26 641
10 603
62 343
-
pensions
5 195
2 068
12 157
-
total
5 195
2 068
12 157
-
Corporate
42 664
61 830
-
-
income
3 840
5 565
-
-
total
3 840
5 565
-
-
Dividends
38 825
56 265
-
-
social contributions
7 450
10 851
-
-
withholding
7 377
10 690
-
-
total
14 827
21 541
-
-
Income
74 500
74 500
74 500
74 500
Total tax
32 048
32 431
31 311
22 890
After tax
42 452
42 069
43 189
51 610
Living cost
18 455
18 455
18 455
18 455
Free-cash
23 997
23 614
24 734
33 155

Estimated living cost  is ₽18455 per week

₽12594
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1510
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽369
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3982
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽35308
₽18648
₽15642
₽29060
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
74 500
income
-
-
-
9 984
health
-
-
-
9 684
pensions
-
-
-
14 898
total
-
-
-
34 566
Employee
28 531
-
55 679
-
unemployment
456
-
891
-
pensions
571
-
1 113
-
income
3 212
-
10 736
-
total
4 239
-
12 740
-
Employer
28 531
-
55 679
-
health
3 708
-
7 237
-
pensions
5 707
-
11 137
-
unemployment
229
-
445
-
total
9 644
-
18 819
-
Corporate
36 324
74 500
-
-
income
7 264
14 900
-
-
total
7 264
14 900
-
-
Dividends
29 060
59 600
-
-
total
-
-
-
-
Income
74 500
74 500
74 500
74 500
Total tax
21 147
14 900
31 559
34 566
After tax
53 353
59 600
42 941
39 934
Living cost
24 292
24 292
24 292
24 292
Free-cash
29 060
35 308
18 648
15 642

Estimated living cost  is ₽24292 per week

₽16662
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1447
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽489
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5695
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽16366
₽15595
₽28907
₽2598
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
74 500
accident
-
-
-
257
income
-
-
-
16 102
other
-
-
-
377
health
-
-
-
2 221
pensions
-
-
-
4 236
total
-
-
-
23 193
Employee
35 237
-
61 887
-
pensions
3 968
-
6 969
-
income
4 834
-
9 838
-
health
4 035
-
7 086
-
total
12 837
-
23 893
-
Employer
35 237
-
61 887
-
pensions
5 730
-
10 063
-
accident
588
-
1 033
-
unemployment
863
-
1 516
-
total
7 181
-
12 612
-
Corporate
32 082
74 500
-
-
income

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

28 874
67 050
-
-
total
28 874
67 050
-
-
Dividends
3 208
7 450
-
-
withholding
610
1 416
-
-
total
610
1 416
-
-
Income
74 500
74 500
74 500
74 500
Total tax
49 502
68 466
36 505
23 193
After tax
24 998
6 034
37 995
51 307
Living cost
22 400
22 400
22 400
22 400
Free-cash
2 598
-16 366
15 595
28 907

Estimated living cost  is ₽22400 per week

₽16417
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1241
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽468
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4275
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62635
₽51460
₽65615
₽61109
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
74 500
microenterprise

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

-
-
-
745
total
-
-
-
745
Employee
10 174
-
74 500
-
income
2 035
-
14 900
-
total
2 035
-
14 900
-
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%.

64 326
74 500
-
-
total
-
-
-
-
Dividends
64 326
74 500
-
-
withholding
3 216
3 725
-
-
total
3 216
3 725
-
-
Income
74 500
74 500
74 500
74 500
Total tax
5 251
3 725
14 900
745
After tax
69 249
70 775
59 600
73 755
Living cost
8 140
8 140
8 140
8 140
Free-cash
61 109
62 635
51 460
65 615

Estimated living cost  is ₽8140 per week

₽5044
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽677
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽224
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2195
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽27935
₽16873
₽13542
₽21139
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
74 500
income
-
-
-
9 463
other
-
-
-
3 539
health
-
-
-
3 277
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.

-
-
-
17 880
total
-
-
-
34 159
Employee
36 518
-
59 506
-
unemployment
365
-
595
-
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.

2 556
-
4 165
-
income
6 287
-
10 243
-
health
512
-
832
-
total
9 720
-
15 835
-
Employer
36 518
-
59 506
-
health
512
-
832
-
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.

6 209
-
10 116
-
accident
292
-
475
-
unemployment
365
-
595
-
other
1 827
-
2 975
-
total
9 205
-
14 993
-
Corporate
28 779
74 500
-
-
income
6 045
15 645
-
-
total
6 045
15 645
-
-
Dividends
22 735
58 855
-
-
withholding
1 592
4 121
-
-
total
1 592
4 121
-
-
Income
74 500
74 500
74 500
74 500
Total tax
26 562
19 766
30 828
34 159
After tax
47 938
54 734
43 672
40 341
Living cost
26 799
26 799
26 799
26 799
Free-cash
21 139
27 935
16 873
13 542

Estimated living cost  is ₽26799 per week

₽18935
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1809
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽431
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5623
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽11040
-₽19378
-₽11286
-₽33062
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
74 500
income
-
-
-
13 892
pensions
-
-
-
5 035
total
-
-
-
18 927
Employee
94 595
-
66 019
-
pensions
9 126
-
5 696
-
income
17 052
-
11 869
-
health
1 559
-
973
-
total
27 737
-
18 538
-
Employer
94 595
-
66 019
-
health
1 797
-
1 255
-
pensions
11 169
-
7 226
-
total
12 966
-
8 481
-
Corporate
-
74 500
-
-
income

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

-
14 154
-
-
total
-
14 154
-
-
Dividends
-
60 346
-
-
withholding
-
4 527
-
-
total
-
4 527
-
-
Income
74 500
74 500
74 500
74 500
Total tax
40 703
18 681
27 019
18 927
After tax
33 797
55 819
47 481
55 573
Living cost
66 859
66 859
66 859
66 859
Free-cash
-33 062
-11 040
-19 378
-11 286

Estimated living cost  is ₽66859 per week

₽50099
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7856
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽544
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8362
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽50492
₽42539
₽40727
₽45813
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
74 500
income
-
-
-
11 175
unemployment
-
-
-
141
health
-
-
-
4 046
pensions

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

-
-
-
5 206
total
-
-
-
20 568
Employee
17 485
-
67 598
-
accident

We are using the highest rate at 1.1%.

193
-
387
-
pensions

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

1 535
-
3 089
-
income
1 748
-
6 760
-
health
804
-
1 618
-
total
4 280
-
11 854
-
Employer
17 485
-
67 598
-
health
1 207
-
2 427
-
pensions

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

1 927
-
3 877
-
accident

We are using the highest rate at 1.1%.

193
-
387
-
unemployment
105
-
211
-
total
3 432
-
6 902
-
Corporate
53 584
74 500
-
-
income
5 358
7 450
-
-
total
5 358
7 450
-
-
Dividends
48 226
67 050
-
-
withholding
2 412
3 353
-
-
total
2 412
3 353
-
-
Income
74 500
74 500
74 500
74 500
Total tax
15 482
10 803
18 756
20 568
After tax
59 018
63 697
55 744
53 932
Living cost
13 205
13 205
13 205
13 205
Free-cash
45 813
50 492
42 539
40 727

Estimated living cost  is ₽13205 per week

₽7709
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽943
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽350
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4203
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽33365
-₽39011
-₽13338
-₽35071
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
74 500
income
-
-
-
9 720
health
-
-
-
10 564
pensions
-
-
-
11 784
total
-
-
-
32 068
Employee
93 245
85 887
85 887
-
pensions
11 784
11 784
15 460
-
income

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

14 058
14 058
14 058
-
health
11 633
11 213
13 183
-
total
37 475
37 055
42 701
-
Employer
93 245
85 887
85 887
-
health
6 480
5 970
5 970
-
pensions
6 489
5 978
5 978
-
unemployment
3 357
3 092
3 092
-
total
16 326
15 040
15 040
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
74 500
74 500
74 500
74 500
Total tax
53 801
52 095
57 741
32 068
After tax
20 699
22 405
16 759
42 432
Living cost
55 770
55 770
55 770
55 770
Free-cash
-35 071
-33 365
-39 011
-13 338

Estimated living cost  is ₽55770 per week

₽41140
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4981
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽639
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9010
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽26300
₽12812
₽11292
₽17383
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
74 500
income
-
-
-
6 403
social contributions
-
-
-
21 754
solidarity contribution
-
-
-
-
health
-
-
-
10 058
total
-
-
-
38 215
Employee
36 754
-
55 597
-
solidarity contribution
-
-
-
-
social contributions
2 389
-
3 614
-
income
4 411
-
6 672
-
health
4 962
-
7 506
-
total
11 762
-
17 792
-
Employer
36 754
-
55 597
-
health
3 308
-
5 004
-
social contributions
9 189
-
13 899
-
total
12 497
-
18 903
-
Corporate
25 249
74 500
-
-
income
4 797
14 155
-
-
total
4 797
14 155
-
-
Dividends
20 452
60 345
-
-
withholding
3 068
9 052
-
-
total
3 068
9 052
-
-
Income
74 500
74 500
74 500
74 500
Total tax
32 124
23 207
36 695
38 215
After tax
42 376
51 293
37 805
36 285
Living cost
24 993
24 993
24 993
24 993
Free-cash
17 383
26 300
12 812
11 292

Estimated living cost  is ₽24993 per week

₽17360
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1778
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.
₽5363
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽2689
-₽6321
-₽2326
-₽14884
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
74 500
social contributions
-
-
-
19 162
regional
-
-
-
777
municipal
-
-
-
443
national
-
-
-
14 005
total
-
-
-
34 387
Employee
89 385
-
74 500
-
municipal
473
-
395
-
national
15 488
-
12 186
-
regional
843
-
680
-
social contributions
30 141
-
25 121
-
total
46 945
-
38 382
-
Employer
89 385
-
74 500
-
total
-
-
-
-
Corporate
-
74 500
-
-
municipal
-
2 905
-
-
nationa
-
17 880
-
-
total
-
20 785
-
-
Dividends
-
53 715
-
-
withholding
-
13 965
-
-
total
-
13 965
-
-
Income
74 500
74 500
74 500
74 500
Total tax
46 945
34 750
38 382
34 387
After tax
27 555
39 750
36 118
40 113
Living cost
42 439
42 439
42 439
42 439
Free-cash
-14 884
-2 689
-6 321
-2 326

Estimated living cost  is ₽42439 per week

₽29583
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2783
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽651
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9421
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽24667
₽16864
₽18508
₽21537
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
74 500
income
-
-
-
12 247
other
-
-
-
-
surtax
-
-
-
1 132
unemployment
-
-
-
229
health
-
-
-
5 291
pensions
-
-
-
14 900
total
-
-
-
33 799
Employee
33 259
-
61 544
-
other
-
-
-
-
unemployment
2 315
-
4 283
-
pensions
2 218
-
4 105
-
surtax
109
-
1 006
-
income
5 575
-
11 524
-
health
849
-
1 569
-
total
11 066
-
22 487
-
Employer
33 259
-
61 544
-
health
1 514
-
2 802
-
pensions
4 434
-
8 203
-
unemployment
1 054
-
1 951
-
other
-
-
-
-
total
7 002
-
12 956
-
Corporate
34 240
74 500
-
-
income
8 902
19 370
-
-
total
8 902
19 370
-
-
Dividends
25 338
55 130
-
-
withholding
3 800
8 270
-
-
total
3 800
8 270
-
-
Income
74 500
74 500
74 500
74 500
Total tax
30 770
27 640
35 443
33 799
After tax
43 730
46 860
39 057
40 701
Living cost
22 193
22 193
22 193
22 193
Free-cash
21 537
24 667
16 864
18 508

Estimated living cost  is ₽22193 per week

₽13570
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2048
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽512
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6064
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽10143
₽1805
₽9897
₽2276
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
74 500
income
-
-
-
13 892
pensions
-
-
-
5 035
total
-
-
-
18 927
Employee
63 395
-
66 019
-
pensions
5 381
-
5 696
-
income
11 418
-
11 869
-
health
920
-
973
-
total
17 719
-
18 538
-
Employer
63 395
-
66 019
-
health
1 204
-
1 255
-
pensions
6 863
-
7 226
-
total
8 067
-
8 481
-
Corporate
3 038
74 500
-
-
income

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

577
14 154
-
-
total
577
14 154
-
-
Dividends
2 461
60 346
-
-
withholding
185
4 527
-
-
total
185
4 527
-
-
Income
74 500
74 500
74 500
74 500
Total tax
26 548
18 681
27 019
18 927
After tax
47 952
55 819
47 481
55 573
Living cost
45 676
45 676
45 676
45 676
Free-cash
2 276
10 143
1 805
9 897

Estimated living cost  is ₽45676 per week

₽34220
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3424
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽478
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7554
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽45677
-₽20723
-₽16883
-₽27713
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
74 500
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.

-
-
-
1 489
regional
-
-
-
1 972
health
-
-
-
260
city
-
-
-
784
national
-
-
-
280
pensions
-
-
-
6 853
total
-
-
-
11 638
Employee
93 322
-
66 682
-
unemployment
-
-
-
-
pensions
7 840
-
5 602
-
national
442
-
236
-
regional
3 056
-
1 688
-
city
1 002
-
717
-
health
211
-
150
-
total
12 551
-
8 393
-
Employer
93 322
-
66 682
-
health
211
-
150
-
pensions
7 840
-
5 602
-
unemployment
-
-
-
-
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.

1 866
-
1 333
-
total
9 917
-
7 085
-
Corporate
-
74 500
-
-
regional
-
15 756
-
-
national
-
6 333
-
-
total
-
22 089
-
-
Dividends
-
52 411
-
-
withholding
-
18 343
-
-
total
-
18 343
-
-
Income
74 500
74 500
74 500
74 500
Total tax
22 468
40 432
15 478
11 638
After tax
52 032
34 068
59 022
62 862
Living cost
79 745
79 745
79 745
79 745
Free-cash
-27 713
-45 677
-20 723
-16 883

Estimated living cost  is ₽79745 per week

₽51857
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7156
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽979
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽19752
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽9098
₽9378
₽4620
₽7211
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
74 500
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.

-
-
-
11 541
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.

-
-
-
636
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.

-
-
-
6 871
trade
-
-
-
4 758
total
-
-
-
23 806
Employee

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

60 444
-
74 500
-
surtax

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

391
-
636
-
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.

7 108
-
11 541
-
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.

6 871
-
6 871
-
total
14 370
-
19 048
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
14 056
74 500
-
-
income
2 109
11 175
-
-
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.

116
615
-
-
chamber of commerce
172
258
-
-
trade
2 411
12 776
-
-
total
4 808
24 824
-
-
Dividends
9 249
49 677
-
-
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.

107
662
-
-
withholding
1 930
12 038
-
-
total
2 037
12 700
-
-
Income
74 500
74 500
74 500
74 500
Total tax
21 215
37 524
19 048
23 806
After tax
53 285
36 976
55 452
50 694
Living cost
46 074
46 074
46 074
46 074
Free-cash
7 211
-9 098
9 378
4 620

Estimated living cost  is ₽46074 per week

₽33650
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3685
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽599
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8140
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽3136
₽10124
₽9859
₽9078
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
74 500
income
-
-
-
4 170
other
-
-
-
2 309
surtax
-
-
-
-
social contributions
-
-
-
2 122
health
-
-
-
645
pensions
-
-
-
20 985
total
-
-
-
30 231
Employee
43 044
-
56 771
-
pensions
4 867
-
6 421
-
surtax
-
-
-
-
social contributions
1 227
-
1 617
-
income
2 540
-
4 199
-
total
8 634
-
12 237
-
Employer
43 044
-
56 771
-
health
3 014
-
3 974
-
pensions
7 071
-
9 327
-
unemployment
1 743
-
2 300
-
social contributions
130
-
170
-
other
1 485
-
1 958
-
total
13 443
-
17 729
-
Corporate
18 013
74 500
-
-
income
5 044
20 861
-
-
surtax
-
-
-
-
total
5 044
20 861
-
-
Dividends
12 969
53 639
-
-
surtax
-
-
-
-
social contributions
2 231
9 228
-
-
withholding
1 660
6 865
-
-
total
3 891
16 093
-
-
Income
74 500
74 500
74 500
74 500
Total tax
31 012
36 954
29 966
30 231
After tax
43 488
37 546
44 534
44 269
Living cost
34 410
34 410
34 410
34 410
Free-cash
9 078
3 136
10 124
9 859

Estimated living cost  is ₽34410 per week

₽21697
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2798
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽586
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9331
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽6545
₽13533
₽13268
₽12134
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
74 500
income
-
-
-
4 170
other
-
-
-
2 309
surtax
-
-
-
-
social contributions
-
-
-
2 122
health
-
-
-
645
pensions
-
-
-
20 985
total
-
-
-
30 231
Employee
38 423
-
56 771
-
pensions
4 346
-
6 421
-
surtax
-
-
-
-
social contributions
1 096
-
1 617
-
income
1 981
-
4 199
-
total
7 423
-
12 237
-
Employer
38 423
-
56 771
-
health
2 689
-
3 974
-
pensions
6 314
-
9 327
-
unemployment
1 556
-
2 300
-
social contributions
115
-
170
-
other
1 326
-
1 958
-
total
12 000
-
17 729
-
Corporate
24 077
74 500
-
-
income
6 741
20 861
-
-
surtax
-
-
-
-
total
6 741
20 861
-
-
Dividends
17 336
53 639
-
-
surtax
-
-
-
-
social contributions
2 981
9 228
-
-
withholding
2 220
6 865
-
-
total
5 201
16 093
-
-
Income
74 500
74 500
74 500
74 500
Total tax
31 365
36 954
29 966
30 231
After tax
43 135
37 546
44 534
44 269
Living cost
31 001
31 001
31 001
31 001
Free-cash
12 134
6 545
13 533
13 268

Estimated living cost  is ₽31001 per week

₽17979
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3149
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.
₽9285
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽24126
₽27994
₽26515
₽24647
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
74 500
income
-
-
-
11 175
social contributions
-
-
-
10 282
health
-
-
-
5 201
total
-
-
-
26 658
Employee
34 101
-
74 500
-
social contributions
4 707
-
10 282
-
income
5 688
-
9 696
-
health
2 380
-
5 201
-
total
12 775
-
25 179
-
Employer
34 101
-
74 500
-
total
-
-
-
-
Corporate
40 399
74 500
-
-
income

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

2 019
3 726
-
-
total
2 019
3 726
-
-
Dividends
38 380
70 774
-
-
social contributions
5 296
9 766
-
-
withholding
5 756
10 616
-
-
health
2 680
4 939
-
-
total
13 732
25 321
-
-
Income
74 500
74 500
74 500
74 500
Total tax
28 526
29 047
25 179
26 658
After tax
45 974
45 453
49 321
47 842
Living cost
21 327
21 327
21 327
21 327
Free-cash
24 647
24 126
27 994
26 515

Estimated living cost  is ₽21327 per week

₽14272
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1315
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽491
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5247
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽6765
-₽9512
₽4502
₽5207
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
74 500
income
-
-
-
8 413
surtax
-
-
-
198
unemployment
-
-
-
6 169
chamber of commerce
-
-
-
298
health
-
-
-
5 699
pensions
-
-
-
13 782
total
-
-
-
34 559
Employee
50 263
40 080
57 695
-
other
502
401
576
-
unemployment
1 508
1 202
1 731
-
pensions
5 147
4 103
5 907
-
income
5 722
2 956
7 852
-
health
1 945
1 552
2 233
-
total
14 824
10 214
18 299
-
Employer
50 263
40 080
57 695
-
chamber of commerce
200
160
231
-
health
1 899
1 515
2 182
-
pensions
6 308
5 031
7 241
-
accident
653
521
750
-
unemployment
1 508
1 202
1 731
-
surtax
198
198
198
-
payroll
1 508
1 202
1 731
-
other
2 388
1 903
2 741
-
total
14 662
11 732
16 805
-
Corporate
9 575
22 685
53 878
-
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.

2 393
5 670
13 469
-
total
2 393
5 670
13 469
-
Dividends
7 182
17 015
-
-
withholding
1 975
4 680
-
-
total
1 975
4 680
-
-
Income
74 500
74 500
74 500
74 500
Total tax
33 854
32 296
48 573
34 559
After tax
40 646
42 204
25 927
39 941
Living cost
35 439
35 439
35 439
35 439
Free-cash
5 207
6 765
-9 512
4 502

Estimated living cost  is ₽35439 per week

₽23636
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3023
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽582
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8197
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽5207
-₽6067
₽855
-₽18384
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
74 500
communal

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

-
-
-
3 857
social contributions
-
-
-
10 215
national
-
-
-
22 902
total
-
-
-
36 974
Employee

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

71 942
-
57 704
-
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.

626
-
502
-
communal

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

3 752
-
3 010
-
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.

5 396
-
4 329
-
national
22 118
-
16 547
-
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.

3 380
-
2 712
-
total
35 272
-
27 100
-
Employer

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

71 942
-
57 704
-
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.

4 424
-
3 548
-
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.

6 375
-
5 113
-
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.

935
-
750
-
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.

1 050
-
842
-
surtax
8 157
-
6 543
-
total
20 941
-
16 796
-
Corporate
-
74 500
-
-
income
-
14 900
-
-
surtax
-
298
-
-
total
-
15 198
-
-
Dividends
-
59 302
-
-
withholding

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

-
17 424
-
-
total
-
17 424
-
-
Income
74 500
74 500
74 500
74 500
Total tax
56 213
32 622
43 896
36 974
After tax
18 287
41 878
30 604
37 526
Living cost
36 671
36 671
36 671
36 671
Free-cash
-18 384
5 207
-6 067
855

Estimated living cost  is ₽36671 per week

₽23621
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3206
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽574
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9270
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽13933
₽4212
₽3686
₽5836
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
74 500
accident
-
-
-
670
income
-
-
-
12 143
other
-
-
-
74
unemployment
-
-
-
521
pensions
-
-
-
21 084
total
-
-
-
34 492
Employee
50 064
-
56 490
-
other
50
-
57
-
unemployment
777
-
876
-
pensions
2 353
-
2 655
-
income
10 563
-
12 369
-
total
13 743
-
15 957
-
Employer
50 064
-
56 490
-
pensions
11 814
-
13 332
-
accident
991
-
1 118
-
unemployment
2 754
-
3 107
-
other
399
-
452
-
total
15 958
-
18 009
-
Corporate
8 479
74 500
-
-
income

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

1 271
11 175
-
-
total
1 271
11 175
-
-
Dividends
7 207
63 325
-
-
withholding
1 370
13 070
-
-
total
1 370
13 070
-
-
Income
74 500
74 500
74 500
74 500
Total tax
32 342
24 245
33 966
34 492
After tax
42 158
50 255
40 534
40 008
Living cost
36 322
36 322
36 322
36 322
Free-cash
5 836
13 933
4 212
3 686

Estimated living cost  is ₽36322 per week

₽26747
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2577
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽523
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6474
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽8402
-₽5679
-₽7049
-₽10763
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
74 500
communal
-
-
-
-
accident
-
-
-
670
income
-
-
-
4 775
surtax
-
-
-
3 943
health
-
-
-
5 586
pensions
-
-
-
11 919
total
-
-
-
26 893
Employee
76 164
-
66 549
-
pensions
6 092
-
5 323
-
surtax
4 668
-
4 079
-
income
7 357
-
5 210
-
health
3 390
-
2 960
-
total
21 507
-
17 572
-
Employer
76 164
-
66 549
-
health
2 323
-
2 029
-
pensions
6 092
-
5 323
-
accident
685
-
599
-
total
9 100
-
7 951
-
Corporate
-
74 500
-
-
communal
-
5 029
-
-
income
-
11 175
-
-
surtax
-
783
-
-
total
-
16 987
-
-
Dividends
-
57 514
-
-
income
-
2 632
-
-
withholding
-
8 627
-
-
total
-
11 259
-
-
Income
74 500
74 500
74 500
74 500
Total tax
30 607
28 246
25 523
26 893
After tax
43 893
46 254
48 977
47 607
Living cost
54 656
54 656
54 656
54 656
Free-cash
-10 763
-8 402
-5 679
-7 049

Estimated living cost  is ₽54656 per week

₽41000
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3311
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽578
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9764
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽24270
₽16467
₽18111
₽21072
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
74 500
income
-
-
-
12 247
other
-
-
-
-
surtax
-
-
-
1 132
unemployment
-
-
-
229
health
-
-
-
5 291
pensions
-
-
-
14 900
total
-
-
-
33 799
Employee
33 870
-
61 544
-
other
-
-
-
-
unemployment
2 357
-
4 283
-
pensions
2 260
-
4 105
-
surtax
120
-
1 006
-
income
5 678
-
11 524
-
health
865
-
1 569
-
total
11 280
-
22 487
-
Employer
33 870
-
61 544
-
health
1 540
-
2 802
-
pensions
4 516
-
8 203
-
unemployment
1 075
-
1 951
-
other
-
-
-
-
total
7 131
-
12 956
-
Corporate
33 499
74 500
-
-
income
8 709
19 370
-
-
total
8 709
19 370
-
-
Dividends
24 791
55 130
-
-
withholding
3 718
8 270
-
-
total
3 718
8 270
-
-
Income
74 500
74 500
74 500
74 500
Total tax
30 838
27 640
35 443
33 799
After tax
43 662
46 860
39 057
40 701
Living cost
22 590
22 590
22 590
22 590
Free-cash
21 072
24 270
16 467
18 111

Estimated living cost  is ₽22590 per week

₽13639
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1964
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.
₽6464
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽12065
₽8702
₽12674
₽9833
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
74 500
social contributions
-
-
-
19 162
regional
-
-
-
1 123
municipal
-
-
-
443
national
-
-
-
14 005
total
-
-
-
34 733
Employee
55 790
-
74 500
-
municipal
296
-
395
-
national
8 839
-
12 186
-
regional
751
-
1 003
-
social contributions
18 813
-
25 121
-
total
28 699
-
38 705
-
Employer
55 790
-
74 500
-
total
-
-
-
-
Corporate
18 710
74 500
-
-
municipal
929
3 703
-
-
nationa
4 491
17 880
-
-
total
5 420
21 583
-
-
Dividends
13 289
52 918
-
-
withholding
3 455
13 759
-
-
total
3 455
13 759
-
-
Income
74 500
74 500
74 500
74 500
Total tax
37 574
35 342
38 705
34 733
After tax
36 926
39 158
35 795
39 767
Living cost
27 093
27 093
27 093
27 093
Free-cash
9 833
12 065
8 702
12 674

Estimated living cost  is ₽27093 per week

₽16849
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2745
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽464
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7035
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽20495
₽7007
₽5487
₽9508
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
74 500
income
-
-
-
6 403
social contributions
-
-
-
21 754
solidarity contribution
-
-
-
-
health
-
-
-
10 058
total
-
-
-
38 215
Employee
45 291
-
55 597
-
solidarity contribution
-
-
-
-
social contributions
2 944
-
3 614
-
income
5 435
-
6 672
-
health
6 114
-
7 506
-
total
14 493
-
17 792
-
Employer
45 291
-
55 597
-
health
4 076
-
5 004
-
social contributions
11 323
-
13 899
-
total
15 399
-
18 903
-
Corporate
13 810
74 500
-
-
income
2 624
14 155
-
-
total
2 624
14 155
-
-
Dividends
11 186
60 345
-
-
withholding
1 678
9 052
-
-
total
1 678
9 052
-
-
Income
74 500
74 500
74 500
74 500
Total tax
34 194
23 207
36 695
38 215
After tax
40 306
51 293
37 805
36 285
Living cost
30 798
30 798
30 798
30 798
Free-cash
9 508
20 495
7 007
5 487

Estimated living cost  is ₽30798 per week

₽22903
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1706
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽533
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5656
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽10225
-₽6118
₽8052
₽9724
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
74 500
income
-
-
-
8 413
surtax
-
-
-
-
unemployment
-
-
-
6 169
chamber of commerce
-
-
-
298
health
-
-
-
5 699
pensions
-
-
-
13 782
total
-
-
-
34 361
Employee
43 964
40 080
57 851
-
other
439
401
578
-
unemployment
1 319
1 202
1 735
-
pensions
4 502
4 103
5 924
-
income
3 916
2 956
7 898
-
health
1 701
1 552
2 239
-
total
11 877
10 214
18 374
-
Employer
43 964
40 080
57 851
-
chamber of commerce
176
160
231
-
health
1 662
1 515
2 187
-
pensions
5 518
5 031
7 260
-
accident
571
521
752
-
unemployment
1 319
1 202
1 735
-
surtax
-
-
-
-
payroll
1 319
1 202
1 735
-
other
2 088
1 903
2 748
-
total
12 653
11 534
16 648
-
Corporate
17 884
22 884
54 034
-
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.

4 472
5 720
13 509
-
total
4 472
5 720
13 509
-
Dividends
13 412
17 164
-
-
withholding
3 687
4 720
-
-
total
3 687
4 720
-
-
Income
74 500
74 500
74 500
74 500
Total tax
32 689
32 188
48 531
34 361
After tax
41 811
42 312
25 969
40 139
Living cost
32 087
32 087
32 087
32 087
Free-cash
9 724
10 225
-6 118
8 052

Estimated living cost  is ₽32087 per week

₽19248
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3277
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽573
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8989
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽58091
₽46916
₽61071
₽55712
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
74 500
microenterprise

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

-
-
-
745
total
-
-
-
745
Employee
15 855
-
74 500
-
income
3 171
-
14 900
-
total
3 171
-
14 900
-
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%.

58 645
74 500
-
-
total
-
-
-
-
Dividends
58 645
74 500
-
-
withholding
2 933
3 725
-
-
total
2 933
3 725
-
-
Income
74 500
74 500
74 500
74 500
Total tax
6 104
3 725
14 900
745
After tax
68 396
70 775
59 600
73 755
Living cost
12 684
12 684
12 684
12 684
Free-cash
55 712
58 091
46 916
61 071

Estimated living cost  is ₽12684 per week

₽8583
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽532
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.
₽3142
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽24318
₽10576
₽12710
₽15902
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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.

-
-
-
74 500
income
-
-
-
13 764
unemployment
-
-
-
113
health
-
-
-
7 331
pensions
-
-
-
13 606
total
-
-
-
34 814
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.

44 474
-
64 463
-
unemployment
63
-
90
-
pensions
6 894
-
9 991
-
income
7 670
-
12 665
-
health
2 872
-
4 165
-
total
17 499
-
26 911
-
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.

44 474
-
64 463
-
health
2 962
-
4 294
-
pensions
3 936
-
5 705
-
unemployment
27
-
38
-
total
6 925
-
10 037
-
Corporate
23 101
74 500
-
-
income
4 390
14 154
-
-
total
4 390
14 154
-
-
Dividends
18 711
60 346
-
-
withholding
2 808
9 052
-
-
total
2 808
9 052
-
-
Income
74 500
74 500
74 500
74 500
Total tax
31 622
23 206
36 948
34 814
After tax
42 878
51 294
37 552
39 686
Living cost
26 976
26 976
26 976
26 976
Free-cash
15 902
24 318
10 576
12 710

Estimated living cost  is ₽26976 per week

₽18513
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1729
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽523
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6212
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽1323
₽17081
₽7482
-₽77557
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
74 500
income
-
-
-
14 522
social contributions
-
-
-
8 493
total
-
-
-
23 015
Employee
63 094
-
-
-
social contributions
5 174
-
737
-
income
13 917
-
-
-
total
19 091
-
737
-
Employer
63 094
-
-
-
social contributions
88 963
-
12 679
-
total
88 963
-
12 679
-
Corporate
-
74 500
-
-
income
-
16 390
-
-
total
-
16 390
-
-
Dividends
-
58 110
-
-
income
-
12 784
-
-
total
-
12 784
-
-
Income
74 500
74 500
74 500
74 500
Total tax
108 054
29 174
13 416
23 015
After tax
-33 554
45 326
61 084
51 485
Living cost
44 003
44 003
44 003
44 003
Free-cash
-77 557
1 323
17 081
7 482

Estimated living cost  is ₽44003 per week

₽28551
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4138
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.
₽10753
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽10829
₽7950
₽10793
₽9816
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
74 500
income
-
-
-
6 272
surtax
-
-
-
-
social contributions

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

-
-
-
25 888
total
-
-
-
32 160
Employee
46 257
-
60 203
-
surtax
-
-
-
-
social contributions
5 088
-
6 623
-
income
9 622
-
14 083
-
total
14 710
-
20 706
-
Employer
46 257
-
60 203
-
social contributions
10 986
-
14 297
-
total
10 986
-
14 297
-
Corporate
17 258
74 500
-
-
income
3 624
15 645
-
-
surtax
-
-
-
-
total
3 624
15 645
-
-
Dividends
13 633
58 855
-
-
withholding
3 817
16 479
-
-
total
3 817
16 479
-
-
Income
74 500
74 500
74 500
74 500
Total tax
33 137
32 124
35 003
32 160
After tax
41 363
42 376
39 497
42 340
Living cost
31 547
31 547
31 547
31 547
Free-cash
9 816
10 829
7 950
10 793

Estimated living cost  is ₽31547 per week

₽23604
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1861
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.
₽5556
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽11030
-₽4042
-₽4307
-₽8165
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
74 500
income
-
-
-
4 170
other
-
-
-
2 309
surtax
-
-
-
-
social contributions
-
-
-
2 122
health
-
-
-
645
pensions
-
-
-
20 985
total
-
-
-
30 231
Employee
62 992
-
56 771
-
pensions
7 125
-
6 421
-
surtax
-
-
-
-
social contributions
1 794
-
1 617
-
income
5 496
-
4 199
-
total
14 415
-
12 237
-
Employer
62 992
-
56 771
-
health
4 409
-
3 974
-
pensions
10 350
-
9 327
-
unemployment
2 552
-
2 300
-
social contributions
189
-
170
-
other
2 174
-
1 958
-
total
19 674
-
17 729
-
Corporate
-
74 500
-
-
income
-
20 861
-
-
surtax
-
-
-
-
total
-
20 861
-
-
Dividends
-
53 639
-
-
surtax
-
-
-
-
social contributions
-
9 228
-
-
withholding
-
6 865
-
-
total
-
16 093
-
-
Income
74 500
74 500
74 500
74 500
Total tax
34 089
36 954
29 966
30 231
After tax
40 411
37 546
44 534
44 269
Living cost
48 576
48 576
48 576
48 576
Free-cash
-8 165
-11 030
-4 042
-4 307

Estimated living cost  is ₽48576 per week

₽32876
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3974
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽666
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11060
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽36819
₽29351
₽27264
₽33439
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
74 500
income
-
-
-
615
social contributions
-
-
-
16 389
total
-
-
-
17 004
Employee
32 334
-
64 501
-
income
-
-
725
-
social contributions
2 101
-
4 193
-
total
2 101
-
4 918
-
Employer
32 334
-
64 501
-
social contributions
5 012
-
9 999
-
total
5 012
-
9 999
-
Corporate
37 154
74 500
-
-
income
3 716
7 449
-
-
total
3 716
7 449
-
-
Dividends
33 438
67 051
-
-
total
-
-
-
-
Income
74 500
74 500
74 500
74 500
Total tax
10 829
7 449
14 917
17 004
After tax
63 671
67 051
59 583
57 496
Living cost
30 232
30 232
30 232
30 232
Free-cash
33 439
36 819
29 351
27 264

Estimated living cost  is ₽30232 per week

₽19548
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2279
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽569
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7837
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽144526
-₽144526
-₽1133
-₽144526
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
74 500
labour market
-
-
-
5 890
municipal
-
-
-
12 954
national
-
-
-
7 504
pensions
-
-
-
871
total
-
-
-
27 219
Employee
204 345
204 345
204 345
-
municipal
43 514
43 514
43 514
-
labour market
16 324
16 324
16 324
-
pensions
290
290
290
-
national
24 964
24 964
24 964
-
total
85 092
85 092
85 092
-
Employer
204 345
204 345
204 345
-
national
25 008
25 008
25 008
-
labour market
16 348
16 348
16 348
-
pensions
581
581
581
-
municipal
43 583
43 583
43 583
-
total
85 520
85 520
85 520
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
74 500
74 500
74 500
74 500
Total tax
170 612
170 612
170 612
27 219
After tax
-96 112
-96 112
-96 112
47 281
Living cost
48 414
48 414
48 414
48 414
Free-cash
-144 526
-144 526
-144 526
-1 133

Estimated living cost  is ₽48414 per week

₽33135
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4283
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽745
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10252
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Copenhagen model

Close
Krakow , Poland
-₽16036
₽15925
₽29237
₽2650
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
74 500
accident
-
-
-
257
income
-
-
-
16 102
other
-
-
-
377
health
-
-
-
2 221
pensions
-
-
-
4 236
total
-
-
-
23 193
Employee
34 717
-
61 887
-
pensions
3 909
-
6 969
-
income
4 763
-
9 838
-
health
3 975
-
7 086
-
total
12 647
-
23 893
-
Employer
34 717
-
61 887
-
pensions
5 645
-
10 063
-
accident
580
-
1 033
-
unemployment
851
-
1 516
-
total
7 076
-
12 612
-
Corporate
32 707
74 500
-
-
income

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

29 436
67 050
-
-
total
29 436
67 050
-
-
Dividends
3 271
7 450
-
-
withholding
621
1 416
-
-
total
621
1 416
-
-
Income
74 500
74 500
74 500
74 500
Total tax
49 780
68 466
36 505
23 193
After tax
24 720
6 034
37 995
51 307
Living cost
22 070
22 070
22 070
22 070
Free-cash
2 650
-16 036
15 925
29 237

Estimated living cost  is ₽22070 per week

₽16064
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1258
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.
₽4333
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽12274
₽5949
₽16837
₽8029
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
74 500
health
-
-
-
727
municipal
-
-
-
13 280
national
-
-
-
5 043
total
-
-
-
19 050
Employee
52 914
-
62 674
-
municipal
8 667
-
10 253
-
unemployment
794
-
941
-
pensions
3 571
-
4 231
-
national
874
-
2 141
-
health
395
-
546
-
total
14 301
-
18 112
-
Employer
52 914
-
62 674
-
health
407
-
483
-
pensions
9 180
-
10 873
-
accident
53
-
63
-
unemployment
344
-
407
-
total
9 984
-
11 826
-
Corporate
11 602
74 500
-
-
income
2 321
14 900
-
-
total
2 321
14 900
-
-
Dividends

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

6 961
44 700
-
-
municipal
1 252
8 047
-
-
national
-
666
-
-
total
1 252
8 713
-
-
Income
74 500
74 500
74 500
74 500
Total tax
27 858
23 613
29 938
19 050
After tax
46 642
50 887
44 562
55 450
Living cost
38 613
38 613
38 613
38 613
Free-cash
8 029
12 274
5 949
16 837

Estimated living cost  is ₽38613 per week

₽25222
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3714
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽615
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9064
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28471
₽30138
₽32566
₽25923
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
74 500
income
-
-
-
5 128
social contributions
-
-
-
11 621
health
-
-
-
1 899
total
-
-
-
18 648
Employee
77 337
77 337
77 337
-
social contributions
2 924
6 419
5 613
-
income
8 421
7 159
7 449
-
health
599
1 315
1 149
-
total
11 944
14 893
14 211
-
Employer
77 337
77 337
77 337
-
health
651
1 431
1 252
-
social contributions
2 924
6 419
5 613
-
total
3 575
7 850
6 865
-
Corporate
35 695
-
-
-
income
4 462
-
-
-
total
4 462
-
-
-
Dividends
31 233
-
-
-
withholding
5 310
-
-
-
total
5 310
-
-
-
Income
74 500
74 500
74 500
74 500
Total tax
25 291
22 743
21 076
18 648
After tax
49 209
51 757
53 424
55 852
Living cost
23 286
23 286
23 286
23 286
Free-cash
25 923
28 471
30 138
32 566

Estimated living cost  is ₽23286 per week

₽13956
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2285
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.
₽6531
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Larnaca model

Close
Podgorica , Montenegro
₽45725
₽30074
₽41733
₽40610
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
74 500
income
-
-
-
6 732
unemployment
-
-
-
29
health
-
-
-
3 640
pensions
-
-
-
6 398
total
-
-
-
16 799
Employee

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

23 085
-
67 543
-
unemployment
115
-
338
-
pensions
3 462
-
10 131
-
income
1 578
-
5 291
-
health
1 962
-
5 741
-
total
7 117
-
21 501
-
Employer

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

23 085
-
67 543
-
health
992
-
2 905
-
pensions
1 269
-
3 714
-
unemployment
115
-
338
-
total
2 376
-
6 957
-
Corporate
49 038
74 500
-
-
income
4 413
6 705
-
-
total
4 413
6 705
-
-
Dividends
44 626
67 795
-
-
withholding
4 016
6 102
-
-
total
4 016
6 102
-
-
Income
74 500
74 500
74 500
74 500
Total tax
17 922
12 807
28 458
16 799
After tax
56 578
61 693
46 042
57 701
Living cost
15 968
15 968
15 968
15 968
Free-cash
40 610
45 725
30 074
41 733

Estimated living cost  is ₽15968 per week

₽10188
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1151
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.
₽4153
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽22598
₽12877
₽12351
₽17322
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
74 500
accident
-
-
-
670
income
-
-
-
12 143
other
-
-
-
74
unemployment
-
-
-
521
pensions
-
-
-
21 084
total
-
-
-
34 492
Employee
37 188
-
56 490
-
other
36
-
57
-
unemployment
576
-
876
-
pensions
1 748
-
2 655
-
income
7 170
-
12 369
-
total
9 530
-
15 957
-
Employer
37 188
-
56 490
-
pensions
8 776
-
13 332
-
accident
737
-
1 118
-
unemployment
2 046
-
3 107
-
other
298
-
452
-
total
11 857
-
18 009
-
Corporate
25 455
74 500
-
-
income

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

3 819
11 175
-
-
total
3 819
11 175
-
-
Dividends
21 636
63 325
-
-
withholding
4 315
13 070
-
-
total
4 315
13 070
-
-
Income
74 500
74 500
74 500
74 500
Total tax
29 521
24 245
33 966
34 492
After tax
44 979
50 255
40 534
40 008
Living cost
27 657
27 657
27 657
27 657
Free-cash
17 322
22 598
12 877
12 351

Estimated living cost  is ₽27657 per week

₽18668
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2659
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽485
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5846
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽44529
₽45176
₽45315
₽44208
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
74 500
income
-
-
-
24 761
health
-
-
-
1 036
pensions
-
-
-
1 429
total
-
-
-
27 226
Employee
2 983
-
72 893
-
unemployment
30
-
71
-
pensions
268
-
643
-
income
577
-
24 686
-
health
149
-
357
-
total
1 024
-
25 757
-
Employer
2 983
-
72 893
-
health
283
-
679
-
pensions
328
-
786
-
unemployment
60
-
143
-
total
671
-
1 608
-
Corporate
70 846
74 500
-
-
income
15 586
16 390
-
-
total
15 586
16 390
-
-
Dividends
55 260
58 110
-
-
withholding
11 052
11 622
-
-
total
11 052
11 622
-
-
Income
74 500
74 500
74 500
74 500
Total tax
28 333
28 012
27 365
27 226
After tax
46 167
46 488
47 135
47 274
Living cost
1 959
1 959
1 959
1 959
Free-cash
44 208
44 529
45 176
45 315

Estimated living cost  is ₽1959 per week

₽1164
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽159
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽45
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽591
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽36433
₽21603
₽18866
₽31484
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
74 500
income
-
-
-
10 145
unemployment
-
-
-
1 115
health
-
-
-
7 656
pensions
-
-
-
19 325
total
-
-
-
38 241
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.

26 227
-
63 189
-
unemployment
197
-
474
-
pensions
3 672
-
8 846
-
income
3 615
-
11 619
-
health
1 351
-
3 254
-
total
8 835
-
24 193
-
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.

26 227
-
63 189
-
health
1 351
-
3 254
-
pensions
3 147
-
7 583
-
unemployment
197
-
474
-
total
4 695
-
11 311
-
Corporate
43 578
74 500
-
-
income
6 537
11 175
-
-
total
6 537
11 175
-
-
Dividends
37 041
63 325
-
-
withholding
5 556
9 499
-
-
total
5 556
9 499
-
-
Income
74 500
74 500
74 500
74 500
Total tax
25 623
20 674
35 504
38 241
After tax
48 877
53 826
38 996
36 259
Living cost
17 393
17 393
17 393
17 393
Free-cash
31 484
36 433
21 603
18 866

Estimated living cost  is ₽17393 per week

₽11711
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1345
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽503
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3834
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽15262
₽12383
₽15226
₽14900
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
74 500
income
-
-
-
6 272
surtax
-
-
-
-
social contributions

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

-
-
-
25 888
total
-
-
-
32 160
Employee
39 035
-
60 203
-
surtax
-
-
-
-
social contributions
4 294
-
6 623
-
income
7 627
-
14 083
-
total
11 921
-
20 706
-
Employer
39 035
-
60 203
-
social contributions
9 270
-
14 297
-
total
9 270
-
14 297
-
Corporate
26 195
74 500
-
-
income
5 501
15 645
-
-
surtax
-
-
-
-
total
5 501
15 645
-
-
Dividends
20 694
58 855
-
-
withholding
5 794
16 479
-
-
total
5 794
16 479
-
-
Income
74 500
74 500
74 500
74 500
Total tax
32 486
32 124
35 003
32 160
After tax
42 014
42 376
39 497
42 340
Living cost
27 114
27 114
27 114
27 114
Free-cash
14 900
15 262
12 383
15 226

Estimated living cost  is ₽27114 per week

₽19204
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1884
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.
₽5546
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽14909
₽5188
₽4662
₽7188
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
74 500
accident
-
-
-
670
income
-
-
-
12 143
other
-
-
-
74
unemployment
-
-
-
521
pensions
-
-
-
21 084
total
-
-
-
34 492
Employee
48 573
-
56 490
-
other
48
-
57
-
unemployment
752
-
876
-
pensions
2 283
-
2 655
-
income
10 145
-
12 369
-
total
13 228
-
15 957
-
Employer
48 573
-
56 490
-
pensions
11 463
-
13 332
-
accident
962
-
1 118
-
unemployment
2 672
-
3 107
-
other
389
-
452
-
total
15 486
-
18 009
-
Corporate
10 441
74 500
-
-
income

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

1 567
11 175
-
-
total
1 567
11 175
-
-
Dividends
8 874
63 325
-
-
withholding
1 685
13 070
-
-
total
1 685
13 070
-
-
Income
74 500
74 500
74 500
74 500
Total tax
31 966
24 245
33 966
34 492
After tax
42 534
50 255
40 534
40 008
Living cost
35 346
35 346
35 346
35 346
Free-cash
7 188
14 909
5 188
4 662

Estimated living cost  is ₽35346 per week

₽25384
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2748
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽498
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6716
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽46372
₽38419
₽36607
₽40235
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
74 500
income
-
-
-
11 175
unemployment
-
-
-
141
health
-
-
-
4 046
pensions

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

-
-
-
5 206
total
-
-
-
20 568
Employee
22 941
-
67 598
-
accident

We are using the highest rate at 1.1%.

252
-
387
-
pensions

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

2 014
-
3 089
-
income
2 294
-
6 760
-
health
1 055
-
1 618
-
total
5 615
-
11 854
-
Employer
22 941
-
67 598
-
health
1 583
-
2 427
-
pensions

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

2 528
-
3 877
-
accident

We are using the highest rate at 1.1%.

252
-
387
-
unemployment
138
-
211
-
total
4 501
-
6 902
-
Corporate
47 058
74 500
-
-
income
4 706
7 450
-
-
total
4 706
7 450
-
-
Dividends
42 352
67 050
-
-
withholding
2 118
3 353
-
-
total
2 118
3 353
-
-
Income
74 500
74 500
74 500
74 500
Total tax
16 940
10 803
18 756
20 568
After tax
57 560
63 697
55 744
53 932
Living cost
17 325
17 325
17 325
17 325
Free-cash
40 235
46 372
38 419
36 607

Estimated living cost  is ₽17325 per week

₽11459
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽992
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽413
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4462
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽318
₽16623
₽12642
₽12837
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
74 500
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.

-
-
-
11 541
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.

-
-
-
636
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.

-
-
-
6 871
trade
-
-
-
3 981
total
-
-
-
23 029
Employee

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

50 042
-
74 500
-
surtax

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

227
-
636
-
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.

4 115
-
11 541
-
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.

6 871
-
6 871
-
total
11 213
-
19 048
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
24 458
74 500
-
-
income
3 668
11 175
-
-
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.

202
615
-
-
chamber of commerce
189
261
-
-
trade
3 510
10 690
-
-
total
7 569
22 741
-
-
Dividends
16 888
51 759
-
-
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.

212
691
-
-
withholding
3 840
12 557
-
-
total
4 052
13 248
-
-
Income
74 500
74 500
74 500
74 500
Total tax
22 834
35 989
19 048
23 029
After tax
51 666
38 511
55 452
51 471
Living cost
38 829
38 829
38 829
38 829
Free-cash
12 837
-318
16 623
12 642

Estimated living cost  is ₽38829 per week

₽26785
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4178
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽563
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7302
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽5142
-₽2046
-₽2046
-₽4173
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
74 500
income
-
-
-
13 177
social contributions
-
-
-
6 077
total
-
-
-
19 254
Employee
78 672
-
74 500
-
income
14 845
-
13 177
-
social contributions
6 536
-
6 077
-
total
21 381
-
19 254
-
Employer
78 672
-
74 500
-
total
-
-
-
-
Corporate
-
74 500
-
-
income
-
9 312
-
-
total
-
9 312
-
-
Dividends
-
65 188
-
-
withholding
-
13 038
-
-
total
-
13 038
-
-
Income
74 500
74 500
74 500
74 500
Total tax
21 381
22 350
19 254
19 254
After tax
53 119
52 150
55 246
55 246
Living cost
57 292
57 292
57 292
57 292
Free-cash
-4 173
-5 142
-2 046
-2 046

Estimated living cost  is ₽57292 per week

₽43587
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4668
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽548
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8489
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽6602
₽17801
₽3285
₽12429
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
74 500
income
-
-
-
28 629
health

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

-
-
-
6 077
total
-
-
-
34 706
Employee
46 138
-
69 874
-
income
5 006
-
10 938
-
social contributions
4 623
-
4 626
-
total
9 629
-
15 564
-
Employer
46 138
-
69 874
-
social contributions
4 623
-
4 626
-
total
4 623
-
4 626
-
Corporate
23 740
74 500
-
-
income
8 308
26 075
-
-
total
8 308
26 075
-
-
Dividends
15 432
48 425
-
-
social contributions
3 002
5 314
-
-
total
3 002
5 314
-
-
Income
74 500
74 500
74 500
74 500
Total tax
25 562
31 389
20 190
34 706
After tax
48 938
43 111
54 310
39 794
Living cost
36 509
36 509
36 509
36 509
Free-cash
12 429
6 602
17 801
3 285

Estimated living cost  is ₽36509 per week

₽24048
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2878
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽559
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9022
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽18686
₽10348
₽18440
₽13045
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
74 500
income
-
-
-
13 892
pensions
-
-
-
5 035
total
-
-
-
18 927
Employee
50 971
-
66 019
-
pensions
3 890
-
5 696
-
income
9 282
-
11 869
-
health
665
-
973
-
total
13 837
-
18 538
-
Employer
50 971
-
66 019
-
health
969
-
1 255
-
pensions
5 150
-
7 226
-
total
6 119
-
8 481
-
Corporate
17 411
74 500
-
-
income

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

3 309
14 154
-
-
total
3 309
14 154
-
-
Dividends
14 102
60 346
-
-
withholding
1 057
4 527
-
-
total
1 057
4 527
-
-
Income
74 500
74 500
74 500
74 500
Total tax
24 322
18 681
27 019
18 927
After tax
50 178
55 819
47 481
55 573
Living cost
37 133
37 133
37 133
37 133
Free-cash
13 045
18 686
10 348
18 440

Estimated living cost  is ₽37133 per week

₽25473
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3415
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.
₽7778
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽18221
₽13740
₽27052
₽2314
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
74 500
accident
-
-
-
257
income
-
-
-
16 102
other
-
-
-
377
health
-
-
-
2 221
pensions
-
-
-
4 236
total
-
-
-
23 193
Employee
38 154
-
61 887
-
pensions
4 296
-
6 969
-
income
5 234
-
9 838
-
health
4 368
-
7 086
-
total
13 898
-
23 893
-
Employer
38 154
-
61 887
-
pensions
6 204
-
10 063
-
accident
637
-
1 033
-
unemployment
935
-
1 516
-
total
7 776
-
12 612
-
Corporate
28 571
74 500
-
-
income

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

25 714
67 050
-
-
total
25 714
67 050
-
-
Dividends
2 857
7 450
-
-
withholding
543
1 416
-
-
total
543
1 416
-
-
Income
74 500
74 500
74 500
74 500
Total tax
47 931
68 466
36 505
23 193
After tax
26 569
6 034
37 995
51 307
Living cost
24 255
24 255
24 255
24 255
Free-cash
2 314
-18 221
13 740
27 052

Estimated living cost  is ₽24255 per week

₽17800
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1413
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽489
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4552
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽49736
₽29693
₽29693
₽44844
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
74 500
income
-
-
-
10 730
unemployment
-
-
-
894
work injury
-
-
-
373
health insurance
-
-
-
5 513
pensions
-
-
-
13 708
total
-
-
-
31 218
Employee

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

21 742
-
74 500
-
health insurance
1 609
-
5 513
-
unemployment
261
-
894
-
work injury
109
-
373
-
pensions
4 000
-
13 708
-
income
2 174
-
10 730
-
total
8 153
-
31 218
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
52 758
74 500
-
-
income

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

-
-
-
-
total
-
-
-
-
Dividends
52 758
74 500
-
-
withholding
7 914
11 175
-
-
total
7 914
11 175
-
-
Income
74 500
74 500
74 500
74 500
Total tax
16 067
11 175
31 218
31 218
After tax
58 433
63 325
43 282
43 282
Living cost
13 589
13 589
13 589
13 589
Free-cash
44 844
49 736
29 693
29 693

Estimated living cost  is ₽13589 per week

₽8418
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽987
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽424
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3759
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽825
-₽4381
-₽479
-₽10252
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
74 500
social contributions
-
-
-
19 162
regional
-
-
-
1 247
municipal
-
-
-
498
national
-
-
-
14 005
total
-
-
-
34 912
Employee
84 751
-
74 500
-
municipal
506
-
445
-
national
14 322
-
12 186
-
regional
1 280
-
1 062
-
social contributions
28 577
-
25 121
-
total
44 685
-
38 814
-
Employer
84 751
-
74 500
-
total
-
-
-
-
Corporate
-
74 500
-
-
municipal
-
3 590
-
-
nationa
-
17 880
-
-
total
-
21 470
-
-
Dividends
-
53 030
-
-
withholding
-
13 788
-
-
total
-
13 788
-
-
Income
74 500
74 500
74 500
74 500
Total tax
44 685
35 258
38 814
34 912
After tax
29 815
39 242
35 686
39 588
Living cost
40 067
40 067
40 067
40 067
Free-cash
-10 252
-825
-4 381
-479

Estimated living cost  is ₽40067 per week

₽28144
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2756
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽605
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8560
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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