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
₽19665
₽26511
₽9275
₽21656
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 417
trade
-
-
-
4 855
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.

-
-
-
12 439
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.

-
-
-
684
total
-
-
-
24 395
Employee

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

35 924
-
74 500
-
health

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

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

6 417
-
6 417
-
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.

1 003
-
12 439
-
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.

55
-
684
-
total
7 475
-
19 540
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
38 576
74 500
-
-
income
5 786
11 176
-
-
chamber of commerce
198
250
-
-
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.

319
615
-
-
trade
6 076
11 733
-
-
total
12 379
23 774
-
-
Dividends
26 197
50 727
-
-
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.

340
677
-
-
withholding
6 192
12 325
-
-
total
6 532
13 002
-
-
Income
74 500
74 500
74 500
74 500
Total tax
26 386
36 776
19 540
24 395
After tax
48 114
37 724
54 960
50 105
Living cost
28 449
28 449
28 449
28 449
Free-cash
19 665
9 275
26 511
21 656

Estimated living cost  is ₽28449 per week

₽17895
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3317
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽531
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6705
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽9021
-₽3105
-₽2907
-₽3690
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
7 473
pensions
-
-
-
8 940
national
-
-
-
11 581
total
-
-
-
28 795
Employee
76 572
-
64 405
-
pensions
3 063
-
2 576
-
municipal
9 458
-
7 762
-
national
14 656
-
12 028
-
total
27 177
-
22 366
-
Employer
76 572
-
64 405
-
pensions
6 126
-
5 152
-
social contributions
823
-
692
-
total
6 949
-
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
34 126
28 012
28 210
28 795
After tax
40 374
46 488
46 290
45 705
Living cost
49 395
49 395
49 395
49 395
Free-cash
-9 021
-2 907
-3 105
-3 690

Estimated living cost  is ₽49395 per week

₽33573
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4592
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽739
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10491
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽32356
₽22674
₽40059
₽20451
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
23 952
income
-
-
-
10 557
surtax
-
-
-
-
microenterprise
-
-
-
-
total
-
-
-
34 509
Employee
27 445
-
60 038
-
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.

3 019
-
6 604
-
income
4 886
-
11 220
-
surtax
-
-
-
-
total
7 905
-
17 824
-
Employer
27 445
-
60 038
-
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.

6 611
-
14 462
-
total
6 611
-
14 462
-
Corporate
40 444
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%.

8 088
14 901
-
-
total
8 088
14 901
-
-
Dividends

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

32 356
59 599
-
-
total
-
-
-
-
Income
74 500
74 500
74 500
74 500
Total tax
22 604
14 901
32 286
34 509
After tax
51 896
59 599
42 214
39 991
Living cost
19 540
19 540
19 540
19 540
Free-cash
32 356
40 059
22 674
20 451

Estimated living cost  is ₽19540 per week

₽12466
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.
₽444
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4770
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽18767
-₽18767
-₽13495
₽3051
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
10 145
income
-
-
-
10 954
pensions
-
-
-
11 004
total
-
-
-
32 103
Employee
80 207
80 207
80 207
-
pensions
14 437
11 004
14 437
-
health
12 311
10 472
12 311
-
income

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

13 129
13 129
13 129
-
total
39 877
34 605
39 877
-
Employer
80 207
80 207
80 207
-
pensions
5 582
5 582
5 582
-
health
5 575
5 575
5 575
-
unemployment
2 887
2 887
2 887
-
total
14 044
14 044
14 044
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
74 500
74 500
74 500
74 500
Total tax
53 921
48 649
53 921
32 103
After tax
20 579
25 851
20 579
42 397
Living cost
39 346
39 346
39 346
39 346
Free-cash
-18 767
-13 495
-18 767
3 051

Estimated living cost  is ₽39346 per week

₽27884
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3547
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.
₽7290
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽1174
₽1150
₽2042
-₽1498
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
4 649
municipal
-
-
-
15 780
pensions
-
-
-
8 054
other
-
-
-
8 657
unemployment
-
-
-
74
national
-
-
-
-
total
-
-
-
37 363
Employee
55 051
-
56 688
-
municipal
16 416
-
16 904
-
national
-
-
-
-
total
16 416
-
16 904
-
Employer
55 051
-
56 688
-
pensions
5 951
-
6 128
-
other
6 397
-
6 587
-
health
3 386
-
3 486
-
unemployment
1 453
-
1 497
-
accident
110
-
113
-
total
17 297
-
17 811
-
Corporate
2 153
74 500
-
-
income
474
16 390
-
-
total
474
16 390
-
-
Dividends
1 679
58 110
-
-
withholding
504
17 433
-
-
total
504
17 433
-
-
Income
74 500
74 500
74 500
74 500
Total tax
34 691
33 823
34 715
37 363
After tax
39 809
40 677
39 785
37 137
Living cost
38 635
38 635
38 635
38 635
Free-cash
1 174
2 042
1 150
-1 498

Estimated living cost  is ₽38635 per week

₽25605
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3791
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽587
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8651
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽13642
₽18063
₽443
₽12990
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 417
trade
-
-
-
5 073
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.

-
-
-
12 439
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.

-
-
-
684
total
-
-
-
24 613
Employee

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

47 631
-
74 500
-
health

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

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

6 417
-
6 417
-
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.

4 092
-
12 439
-
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.

225
-
684
-
total
10 734
-
19 540
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
26 869
74 500
-
-
income
4 030
11 176
-
-
chamber of commerce
180
248
-
-
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.

221
615
-
-
trade
4 420
12 256
-
-
total
8 851
24 295
-
-
Dividends
18 018
50 206
-
-
surtax

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

228
670
-
-
withholding
4 148
12 195
-
-
total
4 376
12 865
-
-
Income
74 500
74 500
74 500
74 500
Total tax
23 961
37 160
19 540
24 613
After tax
50 539
37 340
54 960
49 887
Living cost
36 897
36 897
36 897
36 897
Free-cash
13 642
443
18 063
12 990

Estimated living cost  is ₽36897 per week

₽24677
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3891
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽551
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽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 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
₽20285
₽23582
₽22797
₽24717
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
11 621
health
-
-
-
1 900
income
-
-
-
5 798
total
-
-
-
19 319
Employee
72 223
72 223
72 223
-
health
718
1 228
1 150
-
social contributions
3 510
5 994
5 615
-
income
7 584
6 686
6 823
-
total
11 812
13 908
13 588
-
Employer
72 223
72 223
72 223
-
health
782
1 337
1 251
-
social contributions
3 510
5 994
5 615
-
total
4 292
7 331
6 866
-
Corporate
27 932
-
-
-
income
3 492
-
-
-
total
3 492
-
-
-
Dividends
24 440
-
-
-
withholding
4 155
-
-
-
total
4 155
-
-
-
Income
74 500
74 500
74 500
74 500
Total tax
23 751
21 239
20 454
19 319
After tax
50 749
53 261
54 046
55 181
Living cost
30 464
30 464
30 464
30 464
Free-cash
20 285
22 797
23 582
24 717

Estimated living cost  is ₽30464 per week

₽20825
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2379
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.
₽6748
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽25126
₽25911
₽24766
₽34332
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
5 215
income
-
-
-
9 108
pensions
-
-
-
7 450
unemployment
-
-
-
1 117
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.

24 942
9 926
62 343
-
unemployment
374
149
935
-
pensions
2 494
993
6 234
-
health
1 746
695
4 364
-
income
3 049
1 214
7 621
-
total
7 663
3 051
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.

24 942
9 926
62 343
-
pensions
4 864
1 936
12 157
-
total
4 864
1 936
12 157
-
Corporate
44 695
62 638
-
-
income
4 023
5 637
-
-
total
4 023
5 637
-
-
Dividends
40 672
57 000
-
-
social contributions
7 818
11 002
-
-
withholding
7 728
10 830
-
-
total
15 546
21 832
-
-
Income
74 500
74 500
74 500
74 500
Total tax
32 096
32 456
31 311
22 890
After tax
42 404
42 044
43 189
51 610
Living cost
17 278
17 278
17 278
17 278
Free-cash
25 126
24 766
25 911
34 332

Estimated living cost  is ₽17278 per week

₽11791
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1414
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽345
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3728
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽31080
₽20254
₽36913
₽17245
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
9 685
income
-
-
-
9 983
pensions
-
-
-
14 901
total
-
-
-
34 569
Employee
26 645
-
55 680
-
unemployment
426
-
891
-
pensions
533
-
1 114
-
income
3 000
-
10 735
-
total
3 959
-
12 740
-
Employer
26 645
-
55 680
-
pensions
5 329
-
11 136
-
health
3 463
-
7 238
-
unemployment
214
-
446
-
total
9 006
-
18 820
-
Corporate
38 849
74 500
-
-
income
7 769
14 901
-
-
total
7 769
14 901
-
-
Dividends
31 079
59 599
-
-
total
-
-
-
-
Income
74 500
74 500
74 500
74 500
Total tax
20 734
14 901
31 560
34 569
After tax
53 766
59 599
42 940
39 931
Living cost
22 686
22 686
22 686
22 686
Free-cash
31 080
36 913
20 254
17 245

Estimated living cost  is ₽22686 per week

₽15560
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1351
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽456
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5319
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽2818
₽16676
-₽14934
₽30296
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
241
health
-
-
-
2 079
income
-
-
-
16 596
pensions
-
-
-
3 966
other
-
-
-
353
total
-
-
-
23 235
Employee
32 986
-
61 887
-
pensions
3 714
-
6 969
-
health
3 777
-
7 086
-
income
4 525
-
10 187
-
total
12 016
-
24 242
-
Employer
32 986
-
61 887
-
pensions
5 364
-
10 063
-
unemployment
808
-
1 516
-
accident
551
-
1 034
-
total
6 723
-
12 613
-
Corporate
34 792
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.

31 313
67 050
-
-
total
31 313
67 050
-
-
Dividends
3 479
7 450
-
-
withholding
661
1 415
-
-
total
661
1 415
-
-
Income
74 500
74 500
74 500
74 500
Total tax
50 713
68 465
36 855
23 235
After tax
23 787
6 035
37 645
51 265
Living cost
20 969
20 969
20 969
20 969
Free-cash
2 818
-14 934
16 676
30 296

Estimated living cost  is ₽20969 per week

₽15369
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1162
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽438
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4002
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽61643
₽51909
₽63084
₽66064
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
9 614
-
74 500
-
income
1 922
-
14 900
-
total
1 922
-
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%.

64 886
74 500
-
-
total
-
-
-
-
Dividends
64 886
74 500
-
-
withholding
3 244
3 725
-
-
total
3 244
3 725
-
-
Income
74 500
74 500
74 500
74 500
Total tax
5 166
3 725
14 900
745
After tax
69 334
70 775
59 600
73 755
Living cost
7 691
7 691
7 691
7 691
Free-cash
61 643
63 084
51 909
66 064

Estimated living cost  is ₽7691 per week

₽4766
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽639
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽211
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2074
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽23364
₽18643
₽29708
₽15313
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
3 278
income
-
-
-
9 463
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.

-
-
-
17 881
other
-
-
-
3 538
total
-
-
-
34 160
Employee
34 103
-
59 505
-
unemployment
340
-
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.

2 387
-
4 165
-
health
478
-
832
-
income
5 871
-
10 243
-
total
9 076
-
15 835
-
Employer
34 103
-
59 505
-
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.

5 798
-
10 117
-
other
1 706
-
2 975
-
health
478
-
832
-
unemployment
340
-
595
-
accident
273
-
476
-
total
8 595
-
14 995
-
Corporate
31 802
74 500
-
-
income
6 679
15 646
-
-
total
6 679
15 646
-
-
Dividends
25 124
58 854
-
-
withholding
1 759
4 119
-
-
total
1 759
4 119
-
-
Income
74 500
74 500
74 500
74 500
Total tax
26 109
19 765
30 830
34 160
After tax
48 391
54 735
43 670
40 340
Living cost
25 027
25 027
25 027
25 027
Free-cash
23 364
29 708
18 643
15 313

Estimated living cost  is ₽25027 per week

₽17683
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1690
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽403
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5251
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽24388
-₽14246
-₽5649
-₽6003
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
13 865
pensions
-
-
-
5 170
total
-
-
-
19 035
Employee
86 968
-
65 889
-
pensions
8 390
-
5 860
-
health
1 433
-
1 002
-
income
15 677
-
11 805
-
total
25 500
-
18 667
-
Employer
86 968
-
65 889
-
pensions
10 268
-
7 360
-
health
1 652
-
1 251
-
total
11 920
-
8 611
-
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.

-
14 155
-
-
total
-
14 155
-
-
Dividends
-
60 345
-
-
withholding
-
4 526
-
-
total
-
4 526
-
-
Income
74 500
74 500
74 500
74 500
Total tax
37 420
18 681
27 278
19 035
After tax
37 080
55 819
47 222
55 465
Living cost
61 468
61 468
61 468
61 468
Free-cash
-24 388
-5 649
-14 246
-6 003

Estimated living cost  is ₽61468 per week

₽46059
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7222
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽500
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7688
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽47040
₽44217
₽51396
₽42274
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
3 769
income
-
-
-
11 175
pensions

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

-
-
-
4 850
unemployment
-
-
-
131
total
-
-
-
19 925
Employee
16 288
-
68 070
-
accident

We are using the highest rate at 1.1%.

179
-
360
-
pensions

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

1 430
-
2 878
-
health
749
-
1 508
-
income
1 629
-
6 807
-
total
3 987
-
11 553
-
Employer
16 288
-
68 070
-
pensions

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

1 795
-
3 611
-
health
1 124
-
2 261
-
unemployment
97
-
197
-
accident

We are using the highest rate at 1.1%.

179
-
360
-
total
3 195
-
6 429
-
Corporate
55 015
74 500
-
-
income
5 501
7 450
-
-
total
5 501
7 450
-
-
Dividends
49 514
67 050
-
-
withholding
2 476
3 353
-
-
total
2 476
3 353
-
-
Income
74 500
74 500
74 500
74 500
Total tax
15 159
10 803
17 982
19 925
After tax
59 341
63 697
56 518
54 575
Living cost
12 301
12 301
12 301
12 301
Free-cash
47 040
51 396
44 217
42 274

Estimated living cost  is ₽12301 per week

₽7182
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽878
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽326
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3915
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽27825
-₽31503
-₽26231
-₽9685
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
10 145
income
-
-
-
10 954
pensions
-
-
-
11 004
total
-
-
-
32 103
Employee
87 079
80 207
80 207
-
pensions
11 004
11 004
14 437
-
health
10 864
10 472
12 311
-
income

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

13 129
13 129
13 129
-
total
34 997
34 605
39 877
-
Employer
87 079
80 207
80 207
-
pensions
6 060
5 582
5 582
-
health
6 051
5 575
5 575
-
unemployment
3 135
2 887
2 887
-
total
15 246
14 044
14 044
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
74 500
74 500
74 500
74 500
Total tax
50 243
48 649
53 921
32 103
After tax
24 257
25 851
20 579
42 397
Living cost
52 082
52 082
52 082
52 082
Free-cash
-27 825
-26 231
-31 503
-9 685

Estimated living cost  is ₽52082 per week

₽38419
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4652
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽597
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8415
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽19693
₽14514
₽28002
₽12994
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
21 754
health
-
-
-
10 058
income
-
-
-
6 403
solidarity contribution
-
-
-
-
total
-
-
-
38 215
Employee
34 252
-
55 597
-
solidarity contribution
-
-
-
-
health
4 624
-
7 506
-
social contributions
2 226
-
3 614
-
income
4 110
-
6 672
-
total
10 960
-
17 792
-
Employer
34 252
-
55 597
-
health
3 083
-
5 004
-
social contributions
8 563
-
13 899
-
total
11 646
-
18 903
-
Corporate
28 603
74 500
-
-
income
5 435
14 155
-
-
total
5 435
14 155
-
-
Dividends
23 168
60 345
-
-
withholding
3 475
9 052
-
-
total
3 475
9 052
-
-
Income
74 500
74 500
74 500
74 500
Total tax
31 516
23 207
36 695
38 215
After tax
42 984
51 293
37 805
36 285
Living cost
23 291
23 291
23 291
23 291
Free-cash
19 693
28 002
14 514
12 994

Estimated living cost  is ₽23291 per week

₽16178
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1657
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽458
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4998
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽8974
-₽3600
₽116
₽7
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
19 161
municipal
-
-
-
442
regional
-
-
-
788
national
-
-
-
14 469
total
-
-
-
34 860
Employee
83 474
-
74 500
-
regional
788
-
687
-
municipal
442
-
396
-
national
14 464
-
12 263
-
social contributions
28 147
-
25 121
-
total
43 841
-
38 467
-
Employer
83 474
-
74 500
-
total
-
-
-
-
Corporate
-
74 500
-
-
municipal
-
2 905
-
-
nationa
-
17 879
-
-
total
-
20 784
-
-
Dividends
-
53 716
-
-
withholding
-
13 967
-
-
total
-
13 967
-
-
Income
74 500
74 500
74 500
74 500
Total tax
43 841
34 751
38 467
34 860
After tax
30 659
39 749
36 033
39 640
Living cost
39 633
39 633
39 633
39 633
Free-cash
-8 974
116
-3 600
7

Estimated living cost  is ₽39633 per week

₽27627
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2599
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽608
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8798
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽23212
₽18001
₽26135
₽19595
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
5 290
income
-
-
-
12 528
surtax
-
-
-
1 246
pensions
-
-
-
14 901
other
-
-
-
-
unemployment
-
-
-
214
total
-
-
-
34 179
Employee
31 060
-
61 544
-
unemployment
2 162
-
4 283
-
pensions
2 071
-
4 105
-
health
793
-
1 568
-
income
5 206
-
11 751
-
other
-
-
-
-
surtax
102
-
1 110
-
total
10 334
-
22 817
-
Employer
31 060
-
61 544
-
pensions
4 140
-
8 204
-
other
-
-
-
-
health
1 413
-
2 800
-
unemployment
984
-
1 952
-
total
6 537
-
12 956
-
Corporate
36 902
74 500
-
-
income
9 595
19 369
-
-
total
9 595
19 369
-
-
Dividends
27 307
55 131
-
-
withholding
4 096
8 270
-
-
total
4 096
8 270
-
-
Income
74 500
74 500
74 500
74 500
Total tax
30 562
27 639
35 773
34 179
After tax
43 938
46 861
38 727
40 321
Living cost
20 726
20 726
20 726
20 726
Free-cash
23 212
26 135
18 001
19 595

Estimated living cost  is ₽20726 per week

₽12673
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1913
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.
₽5663
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽6594
₽5228
₽13825
₽13471
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
13 865
pensions
-
-
-
5 170
total
-
-
-
19 035
Employee
58 284
-
65 889
-
pensions
4 947
-
5 860
-
health
846
-
1 002
-
income
10 497
-
11 805
-
total
16 290
-
18 667
-
Employer
58 284
-
65 889
-
pensions
6 309
-
7 360
-
health
1 107
-
1 251
-
total
7 416
-
8 611
-
Corporate
8 800
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.

1 672
14 155
-
-
total
1 672
14 155
-
-
Dividends
7 128
60 345
-
-
withholding
534
4 526
-
-
total
534
4 526
-
-
Income
74 500
74 500
74 500
74 500
Total tax
25 912
18 681
27 278
19 035
After tax
48 588
55 819
47 222
55 465
Living cost
41 994
41 994
41 994
41 994
Free-cash
6 594
13 825
5 228
13 471

Estimated living cost  is ₽41994 per week

₽31461
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3148
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽439
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6945
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽21350
-₽15851
-₽40714
-₽12033
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
244
pensions
-
-
-
6 855
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.

-
-
-
1 490
regional
-
-
-
2 080
city
-
-
-
784
national
-
-
-
299
total
-
-
-
11 752
Employee
87 513
-
66 683
-
unemployment
-
-
-
-
pensions
7 352
-
5 601
-
regional
2 866
-
1 769
-
national
414
-
250
-
health
198
-
150
-
city
939
-
716
-
total
11 769
-
8 486
-
Employer
87 513
-
66 683
-
pensions
7 352
-
5 601
-
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.

1 750
-
1 333
-
health
198
-
150
-
unemployment
-
-
-
-
total
9 300
-
7 084
-
Corporate
-
74 500
-
-
regional
-
15 757
-
-
national
-
6 332
-
-
total
-
22 089
-
-
Dividends
-
52 411
-
-
withholding
-
18 344
-
-
total
-
18 344
-
-
Income
74 500
74 500
74 500
74 500
Total tax
21 069
40 433
15 570
11 752
After tax
53 431
34 067
58 930
62 748
Living cost
74 781
74 781
74 781
74 781
Free-cash
-21 350
-40 714
-15 851
-12 033

Estimated living cost  is ₽74781 per week

₽48629
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6711
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽918
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18523
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽9163
₽11933
-₽6070
₽6645
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 417
trade
-
-
-
5 288
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.

-
-
-
12 439
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.

-
-
-
684
total
-
-
-
24 828
Employee

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

56 447
-
74 500
-
health

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

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

6 417
-
6 417
-
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.

6 638
-
12 439
-
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.

365
-
684
-
total
13 420
-
19 540
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
18 053
74 500
-
-
income
2 707
11 176
-
-
chamber of commerce
168
248
-
-
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.

150
615
-
-
trade
3 096
12 776
-
-
total
6 121
24 815
-
-
Dividends
11 933
49 686
-
-
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.

144
663
-
-
withholding
2 625
12 065
-
-
total
2 769
12 728
-
-
Income
74 500
74 500
74 500
74 500
Total tax
22 310
37 543
19 540
24 828
After tax
52 190
36 957
54 960
49 672
Living cost
43 027
43 027
43 027
43 027
Free-cash
9 163
-6 070
11 933
6 645

Estimated living cost  is ₽43027 per week

₽31425
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3442
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽560
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7602
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽10963
₽12002
₽5414
₽11127
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 123
health
-
-
-
643
income
-
-
-
4 210
surtax
-
-
-
-
pensions
-
-
-
21 952
other
-
-
-
2 310
total
-
-
-
31 238
Employee
40 198
-
56 771
-
pensions
4 545
-
6 420
-
social contributions
1 146
-
1 617
-
income
2 372
-
4 597
-
surtax
-
-
-
-
total
8 063
-
12 634
-
Employer
40 198
-
56 771
-
pensions
6 604
-
9 325
-
other
1 387
-
1 959
-
health
2 814
-
3 975
-
unemployment
1 627
-
2 299
-
social contributions
121
-
171
-
total
12 553
-
17 729
-
Corporate
21 749
74 500
-
-
income
6 090
20 859
-
-
surtax
-
-
-
-
total
6 090
20 859
-
-
Dividends
15 658
53 641
-
-
surtax
-
-
-
-
social contributions
2 693
9 226
-
-
withholding
2 003
6 866
-
-
total
4 696
16 092
-
-
Income
74 500
74 500
74 500
74 500
Total tax
31 402
36 951
30 363
31 238
After tax
43 098
37 549
44 137
43 262
Living cost
32 135
32 135
32 135
32 135
Free-cash
10 963
5 414
12 002
11 127

Estimated living cost  is ₽32135 per week

₽20262
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2613
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽547
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8714
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽13817
₽15186
₽8598
₽14311
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 123
health
-
-
-
643
income
-
-
-
4 210
surtax
-
-
-
-
pensions
-
-
-
21 952
other
-
-
-
2 310
total
-
-
-
31 238
Employee
35 882
-
56 771
-
pensions
4 058
-
6 420
-
social contributions
1 023
-
1 617
-
income
1 850
-
4 597
-
surtax
-
-
-
-
total
6 931
-
12 634
-
Employer
35 882
-
56 771
-
pensions
5 896
-
9 325
-
other
1 239
-
1 959
-
health
2 511
-
3 975
-
unemployment
1 453
-
2 299
-
social contributions
107
-
171
-
total
11 206
-
17 729
-
Corporate
27 412
74 500
-
-
income
7 675
20 859
-
-
surtax
-
-
-
-
total
7 675
20 859
-
-
Dividends
19 737
53 641
-
-
surtax
-
-
-
-
social contributions
3 394
9 226
-
-
withholding
2 526
6 866
-
-
total
5 920
16 092
-
-
Income
74 500
74 500
74 500
74 500
Total tax
31 732
36 951
30 363
31 238
After tax
42 768
37 549
44 137
43 262
Living cost
28 951
28 951
28 951
28 951
Free-cash
13 817
8 598
15 186
14 311

Estimated living cost  is ₽28951 per week

₽16790
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2941
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽549
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8671
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽26022
₽29064
₽25535
₽27928
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
10 281
health
-
-
-
5 199
income
-
-
-
11 176
total
-
-
-
26 656
Employee
31 846
-
74 500
-
health
2 223
-
5 199
-
social contributions
4 395
-
10 281
-
income
5 312
-
10 040
-
total
11 930
-
25 520
-
Employer
31 846
-
74 500
-
total
-
-
-
-
Corporate
42 654
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%.

2 134
3 725
-
-
total
2 134
3 725
-
-
Dividends
40 521
70 775
-
-
health
2 829
4 941
-
-
social contributions
5 591
9 767
-
-
withholding
6 078
10 616
-
-
total
14 498
25 324
-
-
Income
74 500
74 500
74 500
74 500
Total tax
28 562
29 049
25 520
26 656
After tax
45 938
45 451
48 980
47 844
Living cost
19 916
19 916
19 916
19 916
Free-cash
26 022
25 535
29 064
27 928

Estimated living cost  is ₽19916 per week

₽13329
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1228
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽458
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4900
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽7541
-₽7805
₽8995
₽6549
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
5 700
surtax
-
-
-
185
income
-
-
-
9 129
chamber of commerce
-
-
-
298
pensions
-
-
-
13 783
unemployment
-
-
-
5 761
total
-
-
-
34 856
Employee
46 939
37 430
57 706
-
unemployment
1 408
1 123
1 731
-
pensions
4 807
3 832
5 909
-
health
1 816
1 449
2 233
-
income
5 344
2 761
8 431
-
other
469
374
577
-
total
13 844
9 539
18 881
-
Employer
46 939
37 430
57 706
-
chamber of commerce
187
150
232
-
pensions
5 891
4 698
7 242
-
other
2 230
1 777
2 741
-
health
1 773
1 415
2 182
-
unemployment
1 408
1 123
1 731
-
accident
610
487
750
-
surtax
185
185
185
-
payroll
1 408
1 123
1 731
-
total
13 692
10 958
16 794
-
Corporate
13 869
26 112
54 142
-
income

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

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

3 467
6 527
13 535
-
total
3 467
6 527
13 535
-
Dividends
10 402
19 585
-
-
withholding
2 861
5 386
-
-
total
2 861
5 386
-
-
Income
74 500
74 500
74 500
74 500
Total tax
33 864
32 410
49 210
34 856
After tax
40 636
42 090
25 290
39 644
Living cost
33 095
33 095
33 095
33 095
Free-cash
7 541
8 995
-7 805
6 549

Estimated living cost  is ₽33095 per week

₽22073
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2823
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.
₽7655
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽12242
-₽4041
₽7607
₽2705
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
10 573
communal

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

-
-
-
3 836
national
-
-
-
23 140
total
-
-
-
37 549
Employee

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

67 184
-
57 701
-
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.

585
-
503
-
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.

5 039
-
4 328
-
national
20 655
-
16 944
-
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.

3 157
-
2 711
-
communal

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

3 504
-
3 010
-
total
32 940
-
27 496
-
Employer

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

67 184
-
57 701
-
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.

5 953
-
5 112
-
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.

4 132
-
3 549
-
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.

980
-
843
-
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.

873
-
750
-
surtax
7 618
-
6 545
-
total
19 556
-
16 799
-
Corporate
-
74 500
-
-
income
-
14 901
-
-
surtax
-
298
-
-
total
-
15 199
-
-
Dividends
-
59 302
-
-
withholding

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

-
17 448
-
-
total
-
17 448
-
-
Income
74 500
74 500
74 500
74 500
Total tax
52 496
32 647
44 295
37 549
After tax
22 004
41 853
30 205
36 951
Living cost
34 246
34 246
34 246
34 246
Free-cash
-12 242
7 607
-4 041
2 705

Estimated living cost  is ₽34246 per week

₽22059
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2994
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽536
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8657
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽8838
₽6382
₽16320
₽5855
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
12 374
pensions
-
-
-
21 084
other
-
-
-
75
unemployment
-
-
-
522
total
-
-
-
34 725
Employee
46 753
-
56 491
-
unemployment
725
-
875
-
pensions
2 198
-
2 656
-
income
9 865
-
12 601
-
other
46
-
57
-
total
12 834
-
16 189
-
Employer
46 753
-
56 491
-
pensions
11 033
-
13 332
-
other
373
-
451
-
unemployment
2 572
-
3 107
-
accident
925
-
1 119
-
total
14 903
-
18 009
-
Corporate
12 844
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.

1 927
11 176
-
-
total
1 927
11 176
-
-
Dividends
10 918
63 324
-
-
withholding
2 078
13 084
-
-
total
2 078
13 084
-
-
Income
74 500
74 500
74 500
74 500
Total tax
31 742
24 260
34 198
34 725
After tax
42 758
50 240
40 302
39 775
Living cost
33 920
33 920
33 920
33 920
Free-cash
8 838
16 320
6 382
5 855

Estimated living cost  is ₽33920 per week

₽24978
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2406
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽488
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6046
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽5125
-₽2660
-₽4934
-₽6468
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
627
health
-
-
-
5 235
income
-
-
-
4 495
surtax
-
-
-
3 693
pensions
-
-
-
11 167
communal
-
-
-
4 709
total
-
-
-
29 926
Employee
71 128
-
66 549
-
pensions
5 689
-
5 324
-
health
3 166
-
2 961
-
income
6 870
-
5 804
-
surtax
4 360
-
4 078
-
total
20 085
-
18 167
-
Employer
71 128
-
66 549
-
pensions
5 689
-
5 324
-
health
2 169
-
2 028
-
accident
640
-
599
-
total
8 498
-
7 951
-
Corporate
-
74 500
-
-
income
-
11 176
-
-
communal
-
5 028
-
-
surtax
-
782
-
-
total
-
16 986
-
-
Dividends
-
57 514
-
-
income
-
2 779
-
-
withholding
-
8 627
-
-
total
-
11 406
-
-
Income
74 500
74 500
74 500
74 500
Total tax
28 583
28 392
26 118
29 926
After tax
45 917
46 108
48 382
44 574
Living cost
51 042
51 042
51 042
51 042
Free-cash
-5 125
-4 934
-2 660
-6 468

Estimated living cost  is ₽51042 per week

₽38289
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3092
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽540
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9119
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽22779
₽17631
₽25765
₽19225
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
5 290
income
-
-
-
12 528
surtax
-
-
-
1 246
pensions
-
-
-
14 901
other
-
-
-
-
unemployment
-
-
-
214
total
-
-
-
34 179
Employee
31 630
-
61 544
-
unemployment
2 201
-
4 283
-
pensions
2 110
-
4 105
-
health
807
-
1 568
-
income
5 303
-
11 751
-
other
-
-
-
-
surtax
112
-
1 110
-
total
10 533
-
22 817
-
Employer
31 630
-
61 544
-
pensions
4 217
-
8 204
-
other
-
-
-
-
health
1 438
-
2 800
-
unemployment
1 003
-
1 952
-
total
6 658
-
12 956
-
Corporate
36 211
74 500
-
-
income
9 415
19 369
-
-
total
9 415
19 369
-
-
Dividends
26 796
55 131
-
-
withholding
4 019
8 270
-
-
total
4 019
8 270
-
-
Income
74 500
74 500
74 500
74 500
Total tax
30 625
27 639
35 773
34 179
After tax
43 875
46 861
38 727
40 321
Living cost
21 096
21 096
21 096
21 096
Free-cash
22 779
25 765
17 631
19 225

Estimated living cost  is ₽21096 per week

₽12737
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1834
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽490
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6037
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽11772
₽10416
₽13860
₽14003
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
19 161
municipal
-
-
-
442
regional
-
-
-
1 124
national
-
-
-
14 469
total
-
-
-
35 196
Employee
52 101
-
74 500
-
regional
701
-
1 003
-
municipal
276
-
396
-
national
8 254
-
12 263
-
social contributions
17 569
-
25 121
-
total
26 800
-
38 783
-
Employer
52 101
-
74 500
-
total
-
-
-
-
Corporate
22 399
74 500
-
-
municipal
1 114
3 702
-
-
nationa
5 376
17 879
-
-
total
6 490
21 581
-
-
Dividends
15 909
52 919
-
-
withholding
4 137
13 758
-
-
total
4 137
13 758
-
-
Income
74 500
74 500
74 500
74 500
Total tax
37 427
35 339
38 783
35 196
After tax
37 073
39 161
35 717
39 304
Living cost
25 301
25 301
25 301
25 301
Free-cash
11 772
13 860
10 416
14 003

Estimated living cost  is ₽25301 per week

₽15735
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2563
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽433
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6570
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽12353
₽9104
₽22592
₽7584
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
21 754
health
-
-
-
10 058
income
-
-
-
6 403
solidarity contribution
-
-
-
-
total
-
-
-
38 215
Employee
42 207
-
55 597
-
solidarity contribution
-
-
-
-
health
5 698
-
7 506
-
social contributions
2 743
-
3 614
-
income
5 065
-
6 672
-
total
13 506
-
17 792
-
Employer
42 207
-
55 597
-
health
3 799
-
5 004
-
social contributions
10 552
-
13 899
-
total
14 351
-
18 903
-
Corporate
17 943
74 500
-
-
income
3 409
14 155
-
-
total
3 409
14 155
-
-
Dividends
14 533
60 345
-
-
withholding
2 180
9 052
-
-
total
2 180
9 052
-
-
Income
74 500
74 500
74 500
74 500
Total tax
33 446
23 207
36 695
38 215
After tax
41 054
51 293
37 805
36 285
Living cost
28 701
28 701
28 701
28 701
Free-cash
12 353
22 592
9 104
7 584

Estimated living cost  is ₽28701 per week

₽21344
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1590
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽497
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5271
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽11758
-₽4634
₽12226
₽9864
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
5 700
surtax
-
-
-
-
income
-
-
-
9 129
chamber of commerce
-
-
-
298
pensions
-
-
-
13 783
unemployment
-
-
-
5 761
total
-
-
-
34 671
Employee
41 057
37 430
57 849
-
unemployment
1 232
1 123
1 736
-
pensions
4 205
3 832
5 923
-
health
1 588
1 449
2 239
-
income
3 657
2 761
8 470
-
other
410
374
579
-
total
11 092
9 539
18 947
-
Employer
41 057
37 430
57 849
-
chamber of commerce
164
150
232
-
pensions
5 153
4 698
7 260
-
other
1 950
1 777
2 748
-
health
1 552
1 415
2 187
-
unemployment
1 232
1 123
1 736
-
accident
533
487
752
-
surtax
-
-
-
-
payroll
1 232
1 123
1 736
-
total
11 816
10 773
16 651
-
Corporate
21 628
26 297
54 284
-
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.

5 408
6 573
13 571
-
total
5 408
6 573
13 571
-
Dividends
16 220
19 724
-
-
withholding
4 461
5 424
-
-
total
4 461
5 424
-
-
Income
74 500
74 500
74 500
74 500
Total tax
32 777
32 309
49 169
34 671
After tax
41 723
42 191
25 331
39 829
Living cost
29 965
29 965
29 965
29 965
Free-cash
11 758
12 226
-4 634
9 864

Estimated living cost  is ₽29965 per week

₽17975
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3060
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽535
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8395
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽56542
₽47615
₽58790
₽61770
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
14 982
-
74 500
-
income
2 997
-
14 900
-
total
2 997
-
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%.

59 518
74 500
-
-
total
-
-
-
-
Dividends
59 518
74 500
-
-
withholding
2 976
3 725
-
-
total
2 976
3 725
-
-
Income
74 500
74 500
74 500
74 500
Total tax
5 973
3 725
14 900
745
After tax
68 527
70 775
59 600
73 755
Living cost
11 985
11 985
11 985
11 985
Free-cash
56 542
58 790
47 615
61 770

Estimated living cost  is ₽11985 per week

₽8111
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽503
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽402
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2969
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽18246
₽12068
₽26100
₽14204
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
7 331
income
-
-
-
14 055
pensions
-
-
-
13 605
unemployment
-
-
-
112
total
-
-
-
35 103
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.

41 533
-
64 462
-
unemployment
59
-
91
-
pensions
6 438
-
9 992
-
health
2 682
-
4 164
-
income
7 162
-
12 956
-
total
16 341
-
27 203
-
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.

41 533
-
64 462
-
pensions
3 675
-
5 705
-
health
2 766
-
4 292
-
unemployment
25
-
39
-
total
6 466
-
10 036
-
Corporate
26 500
74 500
-
-
income
5 035
14 156
-
-
total
5 035
14 156
-
-
Dividends
21 465
60 344
-
-
withholding
3 219
9 051
-
-
total
3 219
9 051
-
-
Income
74 500
74 500
74 500
74 500
Total tax
31 061
23 207
37 239
35 103
After tax
43 439
51 293
37 261
39 397
Living cost
25 193
25 193
25 193
25 193
Free-cash
18 246
26 100
12 068
14 204

Estimated living cost  is ₽25193 per week

₽17289
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1615
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽488
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5802
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽66609
₽21215
₽4491
₽10650
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 493
income
-
-
-
14 522
total
-
-
-
23 015
Employee
58 552
-
-
-
social contributions
4 801
-
684
-
income
12 915
-
-
-
total
17 716
-
684
-
Employer
58 552
-
-
-
social contributions
82 558
-
11 766
-
total
82 558
-
11 766
-
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
100 274
29 174
12 450
23 015
After tax
-25 774
45 326
62 050
51 485
Living cost
40 835
40 835
40 835
40 835
Free-cash
-66 609
4 491
21 215
10 650

Estimated living cost  is ₽40835 per week

₽26495
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3841
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽520
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9979
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽11968
₽9655
₽12913
₽12728
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions

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

-
-
-
25 889
income
-
-
-
6 422
surtax
-
-
-
-
total
-
-
-
32 311
Employee
43 198
-
60 202
-
social contributions
4 752
-
6 622
-
income
8 985
-
14 464
-
surtax
-
-
-
-
total
13 737
-
21 086
-
Employer
43 198
-
60 202
-
social contributions
10 259
-
14 298
-
total
10 259
-
14 298
-
Corporate
21 043
74 500
-
-
income
4 419
15 646
-
-
surtax
-
-
-
-
total
4 419
15 646
-
-
Dividends
16 624
58 854
-
-
withholding
4 656
16 480
-
-
total
4 656
16 480
-
-
Income
74 500
74 500
74 500
74 500
Total tax
33 071
32 126
35 384
32 311
After tax
41 429
42 374
39 116
42 189
Living cost
29 461
29 461
29 461
29 461
Free-cash
11 968
12 913
9 655
12 728

Estimated living cost  is ₽29461 per week

₽22043
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1738
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.
₽5189
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽2698
-₽1227
-₽7815
-₽2102
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 123
health
-
-
-
643
income
-
-
-
4 210
surtax
-
-
-
-
pensions
-
-
-
21 952
other
-
-
-
2 310
total
-
-
-
31 238
Employee
58 826
-
56 771
-
pensions
6 654
-
6 420
-
social contributions
1 675
-
1 617
-
income
5 133
-
4 597
-
surtax
-
-
-
-
total
13 462
-
12 634
-
Employer
58 826
-
56 771
-
pensions
9 666
-
9 325
-
other
2 030
-
1 959
-
health
4 117
-
3 975
-
unemployment
2 383
-
2 299
-
social contributions
176
-
171
-
total
18 372
-
17 729
-
Corporate
-
74 500
-
-
income
-
20 859
-
-
surtax
-
-
-
-
total
-
20 859
-
-
Dividends
-
53 641
-
-
surtax
-
-
-
-
social contributions
-
9 226
-
-
withholding
-
6 866
-
-
total
-
16 092
-
-
Income
74 500
74 500
74 500
74 500
Total tax
31 834
36 951
30 363
31 238
After tax
42 666
37 549
44 137
43 262
Living cost
45 364
45 364
45 364
45 364
Free-cash
-2 698
-7 815
-1 227
-2 102

Estimated living cost  is ₽45364 per week

₽30702
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3711
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽622
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10329
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽35662
₽31199
₽38817
₽29110
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
16 391
income
-
-
-
766
total
-
-
-
17 157
Employee
30 196
-
64 503
-
social contributions
1 962
-
4 194
-
income
-
-
877
-
total
1 962
-
5 071
-
Employer
30 196
-
64 503
-
social contributions
4 681
-
9 997
-
total
4 681
-
9 997
-
Corporate
39 624
74 500
-
-
income
3 962
7 450
-
-
total
3 962
7 450
-
-
Dividends
35 662
67 050
-
-
total
-
-
-
-
Income
74 500
74 500
74 500
74 500
Total tax
10 605
7 450
15 068
17 157
After tax
63 895
67 050
59 432
57 343
Living cost
28 233
28 233
28 233
28 233
Free-cash
35 662
38 817
31 199
29 110

Estimated living cost  is ₽28233 per week

₽18255
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2128
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽531
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7318
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽129960
-₽129960
-₽129960
₽1839
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
13 153
pensions
-
-
-
813
labour market
-
-
-
5 895
national
-
-
-
7 606
total
-
-
-
27 467
Employee
190 754
190 754
190 754
-
pensions
271
271
271
-
municipal
40 620
40 620
40 620
-
national
23 304
23 304
23 304
-
labour market
15 239
15 239
15 239
-
total
79 434
79 434
79 434
-
Employer
190 754
190 754
190 754
-
municipal
40 685
40 685
40 685
-
pensions
542
542
542
-
national
23 345
23 345
23 345
-
labour market
15 260
15 260
15 260
-
total
79 832
79 832
79 832
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
74 500
74 500
74 500
74 500
Total tax
159 266
159 266
159 266
27 467
After tax
-84 766
-84 766
-84 766
47 033
Living cost
45 194
45 194
45 194
45 194
Free-cash
-129 960
-129 960
-129 960
1 839

Estimated living cost  is ₽45194 per week

₽30931
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3998
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽695
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9570
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽2866
₽16985
-₽14625
₽30605
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
241
health
-
-
-
2 079
income
-
-
-
16 596
pensions
-
-
-
3 966
other
-
-
-
353
total
-
-
-
23 235
Employee
32 499
-
61 887
-
pensions
3 660
-
6 969
-
health
3 721
-
7 086
-
income
4 459
-
10 187
-
total
11 840
-
24 242
-
Employer
32 499
-
61 887
-
pensions
5 284
-
10 063
-
unemployment
796
-
1 516
-
accident
543
-
1 034
-
total
6 623
-
12 613
-
Corporate
35 377
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.

31 839
67 050
-
-
total
31 839
67 050
-
-
Dividends
3 538
7 450
-
-
withholding
672
1 415
-
-
total
672
1 415
-
-
Income
74 500
74 500
74 500
74 500
Total tax
50 974
68 465
36 855
23 235
After tax
23 526
6 035
37 645
51 265
Living cost
20 660
20 660
20 660
20 660
Free-cash
2 866
-14 625
16 985
30 605

Estimated living cost  is ₽20660 per week

₽15038
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1178
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽388
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4056
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽10906
₽7978
₽14693
₽18866
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
756
municipal
-
-
-
13 273
national
-
-
-
5 545
total
-
-
-
19 574
Employee
49 415
-
62 672
-
unemployment
741
-
939
-
pensions
3 335
-
4 230
-
municipal
8 094
-
10 247
-
national
816
-
2 645
-
health
369
-
574
-
total
13 355
-
18 635
-
Employer
49 415
-
62 672
-
pensions
8 573
-
10 874
-
health
380
-
483
-
unemployment
321
-
408
-
accident
50
-
62
-
total
9 324
-
11 827
-
Corporate
15 761
74 500
-
-
income
3 153
14 901
-
-
total
3 153
14 901
-
-
Dividends

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

9 456
44 699
-
-
national
-
800
-
-
municipal
1 702
8 046
-
-
total
1 702
8 846
-
-
Income
74 500
74 500
74 500
74 500
Total tax
27 534
23 747
30 462
19 574
After tax
46 966
50 753
44 038
54 926
Living cost
36 060
36 060
36 060
36 060
Free-cash
10 906
14 693
7 978
18 866

Estimated living cost  is ₽36060 per week

₽23554
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3469
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.
₽8465
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽27787
₽32300
₽31515
₽33435
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
11 621
health
-
-
-
1 900
income
-
-
-
5 798
total
-
-
-
19 319
Employee
72 223
72 223
72 223
-
health
560
1 228
1 150
-
social contributions
2 731
5 994
5 615
-
income
7 864
6 686
6 823
-
total
11 155
13 908
13 588
-
Employer
72 223
72 223
72 223
-
health
608
1 337
1 251
-
social contributions
2 731
5 994
5 615
-
total
3 339
7 331
6 866
-
Corporate
38 261
-
-
-
income
4 782
-
-
-
total
4 782
-
-
-
Dividends
33 479
-
-
-
withholding
5 691
-
-
-
total
5 691
-
-
-
Income
74 500
74 500
74 500
74 500
Total tax
24 967
21 239
20 454
19 319
After tax
49 533
53 261
54 046
55 181
Living cost
21 746
21 746
21 746
21 746
Free-cash
27 787
31 515
32 300
33 435

Estimated living cost  is ₽21746 per week

₽13033
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2134
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.
₽6099
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽42003
₽31109
₽46782
₽43359
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
3 399
income
-
-
-
6 828
pensions
-
-
-
5 975
unemployment
-
-
-
27
total
-
-
-
16 229
Employee

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

21 559
-
67 543
-
unemployment
107
-
337
-
pensions
3 233
-
10 131
-
health
1 832
-
5 741
-
income
1 474
-
5 315
-
total
6 646
-
21 524
-
Employer

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

21 559
-
67 543
-
pensions
1 185
-
3 714
-
health
927
-
2 904
-
unemployment
107
-
337
-
total
2 219
-
6 955
-
Corporate
50 722
74 500
-
-
income
4 565
6 705
-
-
total
4 565
6 705
-
-
Dividends
46 157
67 795
-
-
withholding
4 155
6 101
-
-
total
4 155
6 101
-
-
Income
74 500
74 500
74 500
74 500
Total tax
17 585
12 806
28 479
16 229
After tax
56 915
61 694
46 021
58 271
Living cost
14 912
14 912
14 912
14 912
Free-cash
42 003
46 782
31 109
43 359

Estimated living cost  is ₽14912 per week

₽9514
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1075
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽444
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3878
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽19486
₽14474
₽24412
₽13947
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
12 374
pensions
-
-
-
21 084
other
-
-
-
75
unemployment
-
-
-
522
total
-
-
-
34 725
Employee
34 729
-
56 491
-
unemployment
538
-
875
-
pensions
1 633
-
2 656
-
income
6 696
-
12 601
-
other
34
-
57
-
total
8 901
-
16 189
-
Employer
34 729
-
56 491
-
pensions
8 195
-
13 332
-
other
278
-
451
-
unemployment
1 911
-
3 107
-
accident
688
-
1 119
-
total
11 072
-
18 009
-
Corporate
28 699
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.

4 304
11 176
-
-
total
4 304
11 176
-
-
Dividends
24 394
63 324
-
-
withholding
4 909
13 084
-
-
total
4 909
13 084
-
-
Income
74 500
74 500
74 500
74 500
Total tax
29 186
24 260
34 198
34 725
After tax
45 314
50 240
40 302
39 775
Living cost
25 828
25 828
25 828
25 828
Free-cash
19 486
24 412
14 474
13 947

Estimated living cost  is ₽25828 per week

₽17434
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2483
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽453
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5459
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽44349
₽45378
₽44651
₽45509
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
972
income
-
-
-
24 842
pensions
-
-
-
1 340
total
-
-
-
27 154
Employee
2 798
-
72 992
-
unemployment
28
-
67
-
pensions
252
-
603
-
health
140
-
335
-
income
541
-
24 772
-
total
961
-
25 777
-
Employer
2 798
-
72 992
-
pensions
308
-
737
-
health
266
-
637
-
unemployment
56
-
134
-
total
630
-
1 508
-
Corporate
71 072
74 500
-
-
income
15 636
16 390
-
-
total
15 636
16 390
-
-
Dividends
55 436
58 110
-
-
withholding
11 087
11 622
-
-
total
11 087
11 622
-
-
Income
74 500
74 500
74 500
74 500
Total tax
28 314
28 012
27 285
27 154
After tax
46 186
46 488
47 215
47 346
Living cost
1 837
1 837
1 837
1 837
Free-cash
44 349
44 651
45 378
45 509

Estimated living cost  is ₽1837 per week

₽1092
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽149
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽42
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽554
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽32969
₽22355
₽37590
₽20833
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
7 146
income
-
-
-
11 205
pensions
-
-
-
18 039
unemployment
-
-
-
1 041
total
-
-
-
37 431
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.

24 482
-
63 189
-
unemployment
184
-
474
-
pensions
3 428
-
8 846
-
health
1 261
-
3 254
-
income
3 375
-
12 024
-
total
8 248
-
24 598
-
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.

24 482
-
63 189
-
pensions
2 938
-
7 583
-
health
1 261
-
3 254
-
unemployment
184
-
474
-
total
4 383
-
11 311
-
Corporate
45 635
74 500
-
-
income
6 845
11 175
-
-
total
6 845
11 175
-
-
Dividends
38 790
63 325
-
-
withholding
5 819
9 499
-
-
total
5 819
9 499
-
-
Income
74 500
74 500
74 500
74 500
Total tax
25 295
20 674
35 909
37 431
After tax
49 205
53 826
38 591
37 069
Living cost
16 236
16 236
16 236
16 236
Free-cash
32 969
37 590
22 355
20 833

Estimated living cost  is ₽16236 per week

₽10932
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1256
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽470
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3579
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽16717
₽13795
₽17053
₽16868
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions

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

-
-
-
25 889
income
-
-
-
6 422
surtax
-
-
-
-
total
-
-
-
32 311
Employee
36 454
-
60 202
-
social contributions
4 010
-
6 622
-
income
7 123
-
14 464
-
surtax
-
-
-
-
total
11 133
-
21 086
-
Employer
36 454
-
60 202
-
social contributions
8 657
-
14 298
-
total
8 657
-
14 298
-
Corporate
29 389
74 500
-
-
income
6 172
15 646
-
-
surtax
-
-
-
-
total
6 172
15 646
-
-
Dividends
23 217
58 854
-
-
withholding
6 500
16 480
-
-
total
6 500
16 480
-
-
Income
74 500
74 500
74 500
74 500
Total tax
32 462
32 126
35 384
32 311
After tax
42 038
42 374
39 116
42 189
Living cost
25 321
25 321
25 321
25 321
Free-cash
16 717
17 053
13 795
16 868

Estimated living cost  is ₽25321 per week

₽17934
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1759
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽449
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5180
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽10069
₽7293
₽17231
₽6766
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
12 374
pensions
-
-
-
21 084
other
-
-
-
75
unemployment
-
-
-
522
total
-
-
-
34 725
Employee
45 361
-
56 491
-
unemployment
702
-
875
-
pensions
2 132
-
2 656
-
income
9 474
-
12 601
-
other
45
-
57
-
total
12 353
-
16 189
-
Employer
45 361
-
56 491
-
pensions
10 705
-
13 332
-
other
364
-
451
-
unemployment
2 495
-
3 107
-
accident
898
-
1 119
-
total
14 462
-
18 009
-
Corporate
14 677
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.

2 201
11 176
-
-
total
2 201
11 176
-
-
Dividends
12 475
63 324
-
-
withholding
2 406
13 084
-
-
total
2 406
13 084
-
-
Income
74 500
74 500
74 500
74 500
Total tax
31 422
24 260
34 198
34 725
After tax
43 078
50 240
40 302
39 775
Living cost
33 009
33 009
33 009
33 009
Free-cash
10 069
17 231
7 293
6 766

Estimated living cost  is ₽33009 per week

₽23706
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2567
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.
₽6272
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽41840
₽40378
₽47558
₽38435
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
3 769
income
-
-
-
11 175
pensions

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

-
-
-
4 850
unemployment
-
-
-
131
total
-
-
-
19 925
Employee
21 371
-
68 070
-
accident

We are using the highest rate at 1.1%.

235
-
360
-
pensions

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

1 876
-
2 878
-
health
983
-
1 508
-
income
2 137
-
6 807
-
total
5 231
-
11 553
-
Employer
21 371
-
68 070
-
pensions

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

2 355
-
3 611
-
health
1 475
-
2 261
-
unemployment
128
-
197
-
accident

We are using the highest rate at 1.1%.

235
-
360
-
total
4 193
-
6 429
-
Corporate
48 936
74 500
-
-
income
4 894
7 450
-
-
total
4 894
7 450
-
-
Dividends
44 042
67 050
-
-
withholding
2 202
3 353
-
-
total
2 202
3 353
-
-
Income
74 500
74 500
74 500
74 500
Total tax
16 520
10 803
17 982
19 925
After tax
57 980
63 697
56 518
54 575
Living cost
16 140
16 140
16 140
16 140
Free-cash
41 840
47 558
40 378
38 435

Estimated living cost  is ₽16140 per week

₽10675
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽924
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽385
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4157
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽14515
₽18698
₽2228
₽14274
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 417
trade
-
-
-
4 424
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.

-
-
-
12 439
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.

-
-
-
684
total
-
-
-
23 964
Employee

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

46 733
-
74 500
-
health

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

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

6 417
-
6 417
-
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.

3 843
-
12 439
-
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
-
684
-
total
10 472
-
19 540
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
27 767
74 500
-
-
income
4 165
11 176
-
-
chamber of commerce
184
251
-
-
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.

230
615
-
-
trade
3 985
10 691
-
-
total
8 564
22 733
-
-
Dividends
19 203
51 767
-
-
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.

244
692
-
-
withholding
4 443
12 585
-
-
total
4 687
13 277
-
-
Income
74 500
74 500
74 500
74 500
Total tax
23 723
36 010
19 540
23 964
After tax
50 777
38 490
54 960
50 536
Living cost
36 262
36 262
36 262
36 262
Free-cash
14 515
2 228
18 698
14 274

Estimated living cost  is ₽36262 per week

₽25014
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3902
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽526
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6819
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽722
₽505
-₽1354
₽505
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
6 217
income
-
-
-
14 275
total
-
-
-
20 492
Employee
73 470
-
74 500
-
social contributions
6 104
-
6 217
-
income
13 863
-
14 275
-
total
19 967
-
20 492
-
Employer
73 470
-
74 500
-
total
-
-
-
-
Corporate
1 030
74 500
-
-
income
128
9 313
-
-
total
128
9 313
-
-
Dividends
902
65 187
-
-
withholding
180
13 038
-
-
total
180
13 038
-
-
Income
74 500
74 500
74 500
74 500
Total tax
20 275
22 351
20 492
20 492
After tax
54 225
52 149
54 008
54 008
Living cost
53 503
53 503
53 503
53 503
Free-cash
722
-1 354
505
505

Estimated living cost  is ₽53503 per week

₽40704
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4360
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.
₽7928
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽14808
₽20317
₽9368
₽7874
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
26 736
health

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

-
-
-
5 795
total
-
-
-
32 531
Employee
43 087
-
70 179
-
social contributions
4 317
-
4 321
-
income
4 675
-
11 446
-
total
8 992
-
15 767
-
Employer
43 087
-
70 179
-
social contributions
4 317
-
4 321
-
total
4 317
-
4 321
-
Corporate
27 096
74 500
-
-
income
9 484
26 075
-
-
total
9 484
26 075
-
-
Dividends
17 612
48 425
-
-
social contributions
2 804
4 962
-
-
total
2 804
4 962
-
-
Income
74 500
74 500
74 500
74 500
Total tax
25 597
31 037
20 088
32 531
After tax
48 903
43 463
54 412
41 969
Living cost
34 095
34 095
34 095
34 095
Free-cash
14 808
9 368
20 317
7 874

Estimated living cost  is ₽34095 per week

₽22458
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2688
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽522
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8425
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽16494
₽13083
₽21680
₽21326
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
13 865
pensions
-
-
-
5 170
total
-
-
-
19 035
Employee
46 861
-
65 889
-
pensions
3 577
-
5 860
-
health
611
-
1 002
-
income
8 534
-
11 805
-
total
12 722
-
18 667
-
Employer
46 861
-
65 889
-
pensions
4 734
-
7 360
-
health
891
-
1 251
-
total
5 625
-
8 611
-
Corporate
22 014
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.

4 182
14 155
-
-
total
4 182
14 155
-
-
Dividends
17 832
60 345
-
-
withholding
1 338
4 526
-
-
total
1 338
4 526
-
-
Income
74 500
74 500
74 500
74 500
Total tax
23 867
18 681
27 278
19 035
After tax
50 633
55 819
47 222
55 465
Living cost
34 139
34 139
34 139
34 139
Free-cash
16 494
21 680
13 083
21 326

Estimated living cost  is ₽34139 per week

₽23419
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3139
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽427
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7151
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽2552
₽14940
-₽16670
₽28560
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
241
health
-
-
-
2 079
income
-
-
-
16 596
pensions
-
-
-
3 966
other
-
-
-
353
total
-
-
-
23 235
Employee
35 716
-
61 887
-
pensions
4 022
-
6 969
-
health
4 089
-
7 086
-
income
4 900
-
10 187
-
total
13 011
-
24 242
-
Employer
35 716
-
61 887
-
pensions
5 807
-
10 063
-
unemployment
875
-
1 516
-
accident
596
-
1 034
-
total
7 278
-
12 613
-
Corporate
31 505
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.

28 355
67 050
-
-
total
28 355
67 050
-
-
Dividends
3 150
7 450
-
-
withholding
599
1 415
-
-
total
599
1 415
-
-
Income
74 500
74 500
74 500
74 500
Total tax
49 243
68 465
36 855
23 235
After tax
25 257
6 035
37 645
51 265
Living cost
22 705
22 705
22 705
22 705
Free-cash
2 552
-16 670
14 940
28 560

Estimated living cost  is ₽22705 per week

₽16663
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1323
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽457
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4262
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽46086
₽30426
₽50649
₽30426
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
10 910
health insurance
-
-
-
5 513
pensions
-
-
-
13 708
unemployment
-
-
-
894
work injury
-
-
-
373
total
-
-
-
31 398
Employee

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

20 282
-
74 500
-
unemployment
243
-
894
-
pensions
3 732
-
13 708
-
work injury
101
-
373
-
income
2 028
-
10 910
-
health insurance
1 501
-
5 513
-
total
7 605
-
31 398
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
54 218
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
54 218
74 500
-
-
withholding
8 133
11 175
-
-
total
8 133
11 175
-
-
Income
74 500
74 500
74 500
74 500
Total tax
15 738
11 175
31 398
31 398
After tax
58 762
63 325
43 102
43 102
Living cost
12 676
12 676
12 676
12 676
Free-cash
46 086
50 649
30 426
30 426

Estimated living cost  is ₽12676 per week

₽7853
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽921
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽395
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3507
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽4647
-₽1826
₽1825
₽1647
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
19 161
municipal
-
-
-
497
regional
-
-
-
1 309
national
-
-
-
14 469
total
-
-
-
35 436
Employee
79 146
-
74 500
-
regional
1 195
-
1 081
-
municipal
472
-
444
-
national
13 375
-
12 263
-
social contributions
26 688
-
25 121
-
total
41 730
-
38 909
-
Employer
79 146
-
74 500
-
total
-
-
-
-
Corporate
-
74 500
-
-
municipal
-
3 592
-
-
nationa
-
17 879
-
-
total
-
21 471
-
-
Dividends
-
53 029
-
-
withholding
-
13 787
-
-
total
-
13 787
-
-
Income
74 500
74 500
74 500
74 500
Total tax
41 730
35 258
38 909
35 436
After tax
32 770
39 242
35 591
39 064
Living cost
37 417
37 417
37 417
37 417
Free-cash
-4 647
1 825
-1 826
1 647

Estimated living cost  is ₽37417 per week

₽26283
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2574
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽565
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7994
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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