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
₽26251
₽8927
₽21480
₽19446
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
6 496
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.

-
-
-
12 276
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.

-
-
-
675
trade
-
-
-
4 771
total
-
-
-
24 218
Employee

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

36 370
-
74 500
-
surtax

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

56
-
675
-
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.

1 016
-
12 276
-
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.

6 496
-
6 496
-
total
7 568
-
19 447
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
38 130
74 500
-
-
chamber of commerce
198
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.

314
615
-
-
trade
6 005
11 733
-
-
income
5 719
11 175
-
-
total
12 236
23 774
-
-
Dividends
25 893
50 725
-
-
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.

336
677
-
-
withholding
6 112
12 320
-
-
total
6 448
12 997
-
-
Income
74 500
74 500
74 500
74 500
Total tax
26 252
36 771
19 447
24 218
After tax
48 248
37 729
55 053
50 282
Living cost
28 802
28 802
28 802
28 802
Free-cash
19 446
8 927
26 251
21 480

Estimated living cost  is ₽28802 per week

₽18117
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3358
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽538
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6789
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽3912
-₽3768
-₽4497
-₽10475
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
8 940
national
-
-
-
11 548
municipal
-
-
-
7 452
total
-
-
-
28 741
Employee
77 906
-
64 405
-
municipal
9 623
-
7 741
-
national
14 911
-
11 995
-
pensions
3 116
-
2 576
-
total
27 650
-
22 312
-
Employer
77 906
-
64 405
-
pensions
6 232
-
5 152
-
social contributions
837
-
692
-
total
7 069
-
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
34 719
28 012
28 156
28 741
After tax
39 781
46 488
46 344
45 759
Living cost
50 256
50 256
50 256
50 256
Free-cash
-10 475
-3 768
-3 912
-4 497

Estimated living cost  is ₽50256 per week

₽34158
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4672
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽752
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10674
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽22443
₽39817
₽20223
₽32016
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
23 951
income
-
-
-
10 543
surtax
-
-
-
-
microenterprise
-
-
-
-
total
-
-
-
34 494
Employee
27 786
-
60 037
-
surtax
-
-
-
-
social contributions

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

3 057
-
6 605
-
income
4 946
-
11 206
-
total
8 003
-
17 811
-
Employer
27 786
-
60 037
-
surtax
-
-
-
-
social contributions

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

6 693
-
14 463
-
total
6 693
-
14 463
-
Corporate
40 021
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%.

8 005
14 900
-
-
total
8 005
14 900
-
-
Dividends

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

32 016
59 600
-
-
total
-
-
-
-
Income
74 500
74 500
74 500
74 500
Total tax
22 701
14 900
32 274
34 494
After tax
51 799
59 600
42 226
40 006
Living cost
19 783
19 783
19 783
19 783
Free-cash
32 016
39 817
22 443
20 223

Estimated living cost  is ₽19783 per week

₽12621
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1884
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽4829
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽19928
-₽14590
₽2568
-₽19928
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
10 219
income
-
-
-
10 737
pensions
-
-
-
11 141
total
-
-
-
32 097
Employee
81 204
81 204
81 204
-
income

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

13 292
13 292
13 292
-
pensions
14 617
11 141
14 617
-
health
12 464
10 602
12 464
-
total
40 373
35 035
40 373
-
Employer
81 204
81 204
81 204
-
unemployment
2 923
2 923
2 923
-
health
5 645
5 645
5 645
-
pensions
5 652
5 652
5 652
-
total
14 220
14 220
14 220
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
74 500
74 500
74 500
74 500
Total tax
54 593
49 255
54 593
32 097
After tax
19 907
25 245
19 907
42 403
Living cost
39 835
39 835
39 835
39 835
Free-cash
-19 928
-14 590
-19 928
2 568

Estimated living cost  is ₽39835 per week

₽28230
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3591
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽633
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7381
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽477
₽1370
-₽2169
₽488
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
74 500
other
-
-
-
8 657
health
-
-
-
4 649
accident
-
-
-
149
pensions
-
-
-
8 053
national
-
-
-
-
unemployment
-
-
-
74
municipal
-
-
-
15 780
total
-
-
-
37 362
Employee
56 008
-
56 688
-
municipal
16 702
-
16 905
-
national
-
-
-
-
total
16 702
-
16 905
-
Employer
56 008
-
56 688
-
other
6 508
-
6 587
-
unemployment
1 479
-
1 497
-
health
3 444
-
3 486
-
accident
112
-
113
-
pensions
6 054
-
6 128
-
total
17 597
-
17 811
-
Corporate
894
74 500
-
-
income
197
16 390
-
-
total
197
16 390
-
-
Dividends
697
58 110
-
-
withholding
209
17 433
-
-
total
209
17 433
-
-
Income
74 500
74 500
74 500
74 500
Total tax
34 705
33 823
34 716
37 362
After tax
39 795
40 677
39 784
37 138
Living cost
39 307
39 307
39 307
39 307
Free-cash
488
1 370
477
-2 169

Estimated living cost  is ₽39307 per week

₽26051
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3857
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.
₽8802
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽17697
-₽13
₽12715
₽13352
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
6 496
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.

-
-
-
12 276
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.

-
-
-
675
trade
-
-
-
4 982
total
-
-
-
24 429
Employee

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

48 222
-
74 500
-
surtax

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

227
-
675
-
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.

4 143
-
12 276
-
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.

6 496
-
6 496
-
total
10 866
-
19 447
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
26 278
74 500
-
-
chamber of commerce
182
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.

217
615
-
-
trade
4 322
12 255
-
-
income
3 941
11 175
-
-
total
8 662
24 296
-
-
Dividends
17 616
50 204
-
-
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.

222
671
-
-
withholding
4 042
12 190
-
-
total
4 264
12 861
-
-
Income
74 500
74 500
74 500
74 500
Total tax
23 792
37 157
19 447
24 429
After tax
50 708
37 343
55 053
50 071
Living cost
37 356
37 356
37 356
37 356
Free-cash
13 352
-13
17 697
12 715

Estimated living cost  is ₽37356 per week

₽24984
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3939
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽558
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7875
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽23096
₽22154
₽24455
₽19865
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
5 681
total
-
-
-
19 202
Employee
73 120
73 120
73 120
-
social contributions
3 553
6 069
5 614
-
income
7 678
6 769
6 933
-
health
727
1 243
1 149
-
total
11 958
14 081
13 696
-
Employer
73 120
73 120
73 120
-
health
792
1 353
1 251
-
social contributions
3 553
6 069
5 614
-
total
4 345
7 422
6 865
-
Corporate
27 353
-
-
-
income
3 420
-
-
-
total
3 420
-
-
-
Dividends
23 934
-
-
-
withholding
4 069
-
-
-
total
4 069
-
-
-
Income
74 500
74 500
74 500
74 500
Total tax
23 792
21 503
20 561
19 202
After tax
50 708
52 997
53 939
55 298
Living cost
30 843
30 843
30 843
30 843
Free-cash
19 865
22 154
23 096
24 455

Estimated living cost  is ₽30843 per week

₽21084
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2409
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽518
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6832
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽25712
₽24573
₽34132
₽24937
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 118
total
-
-
-
22 891
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.

25 229
10 041
62 343
-
income
3 084
1 227
7 621
-
pensions
2 523
1 004
6 234
-
health
1 766
703
4 364
-
unemployment
378
151
935
-
total
7 751
3 085
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.

25 229
10 041
62 343
-
pensions
4 920
1 958
12 157
-
total
4 920
1 958
12 157
-
Corporate
44 351
62 501
-
-
income
3 992
5 625
-
-
total
3 992
5 625
-
-
Dividends
40 360
56 876
-
-
social contributions
7 755
10 976
-
-
withholding
7 668
10 806
-
-
total
15 423
21 782
-
-
Income
74 500
74 500
74 500
74 500
Total tax
32 086
32 450
31 311
22 891
After tax
42 414
42 050
43 189
51 609
Living cost
17 477
17 477
17 477
17 477
Free-cash
24 937
24 573
25 712
34 132

Estimated living cost  is ₽17477 per week

₽11927
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1430
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽349
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3771
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Budapest model

Close
Tallinn , Estonia
₽19973
₽36632
₽16964
₽30723
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
14 900
total
-
-
-
34 568
Employee
26 976
-
55 681
-
income
3 037
-
10 735
-
pensions
540
-
1 113
-
unemployment
431
-
891
-
total
4 008
-
12 739
-
Employer
26 976
-
55 681
-
unemployment
217
-
446
-
health
3 506
-
7 238
-
pensions
5 396
-
11 136
-
total
9 119
-
18 820
-
Corporate
38 406
74 500
-
-
income
7 682
14 900
-
-
total
7 682
14 900
-
-
Dividends
30 724
59 600
-
-
total
-
-
-
-
Income
74 500
74 500
74 500
74 500
Total tax
20 809
14 900
31 559
34 568
After tax
53 691
59 600
42 941
39 932
Living cost
22 968
22 968
22 968
22 968
Free-cash
30 723
36 632
19 973
16 964

Estimated living cost  is ₽22968 per week

₽15754
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1368
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽462
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5385
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽16629
-₽14998
₽30235
₽2809
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
74 500
other
-
-
-
354
health
-
-
-
2 085
accident
-
-
-
241
income
-
-
-
16 575
pensions
-
-
-
3 978
total
-
-
-
23 233
Employee
33 085
-
61 887
-
income
4 539
-
10 172
-
pensions
3 725
-
6 969
-
health
3 788
-
7 086
-
total
12 052
-
24 227
-
Employer
33 085
-
61 887
-
unemployment
811
-
1 516
-
accident
552
-
1 033
-
pensions
5 380
-
10 063
-
total
6 743
-
12 612
-
Corporate
34 672
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.

31 205
67 050
-
-
total
31 205
67 050
-
-
Dividends
3 467
7 450
-
-
withholding
659
1 416
-
-
total
659
1 416
-
-
Income
74 500
74 500
74 500
74 500
Total tax
50 659
68 466
36 839
23 233
After tax
23 841
6 034
37 661
51 267
Living cost
21 032
21 032
21 032
21 032
Free-cash
2 809
-14 998
16 629
30 235

Estimated living cost  is ₽21032 per week

₽15415
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1165
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.
₽4014
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽51635
₽62810
₽65790
₽61317
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
9 956
-
74 500
-
income
1 991
-
14 900
-
total
1 991
-
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%.

64 544
74 500
-
-
total
-
-
-
-
Dividends
64 544
74 500
-
-
withholding
3 227
3 725
-
-
total
3 227
3 725
-
-
Income
74 500
74 500
74 500
74 500
Total tax
5 218
3 725
14 900
745
After tax
69 282
70 775
59 600
73 755
Living cost
7 965
7 965
7 965
7 965
Free-cash
61 317
62 810
51 635
65 790

Estimated living cost  is ₽7965 per week

₽4936
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽662
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽219
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2148
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽18331
₽29397
₽15002
₽22975
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
74 500
other
-
-
-
3 539
health
-
-
-
3 279
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.

-
-
-
17 879
total
-
-
-
34 160
Employee
34 526
-
59 504
-
income
5 944
-
10 242
-
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.

2 416
-
4 165
-
health
484
-
834
-
unemployment
345
-
595
-
total
9 189
-
15 836
-
Employer
34 526
-
59 504
-
other
1 727
-
2 974
-
unemployment
345
-
595
-
health
484
-
834
-
accident
276
-
476
-
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.

5 870
-
10 116
-
total
8 702
-
14 995
-
Corporate
31 272
74 500
-
-
income
6 567
15 645
-
-
total
6 567
15 645
-
-
Dividends
24 705
58 855
-
-
withholding
1 729
4 120
-
-
total
1 729
4 120
-
-
Income
74 500
74 500
74 500
74 500
Total tax
26 187
19 765
30 831
34 160
After tax
48 313
54 735
43 669
40 340
Living cost
25 338
25 338
25 338
25 338
Free-cash
22 975
29 397
18 331
15 002

Estimated living cost  is ₽25338 per week

₽17903
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1711
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽408
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5316
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽15871
-₽7357
-₽7677
-₽27135
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
13 874
pensions
-
-
-
5 128
total
-
-
-
19 002
Employee
89 383
-
65 931
-
income
16 112
-
11 827
-
health
1 473
-
992
-
pensions
8 623
-
5 808
-
total
26 208
-
18 627
-
Employer
89 383
-
65 931
-
health
1 698
-
1 252
-
pensions
10 554
-
7 317
-
total
12 252
-
8 569
-
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
-
4 527
-
-
total
-
4 527
-
-
Income
74 500
74 500
74 500
74 500
Total tax
38 460
18 682
27 196
19 002
After tax
36 040
55 818
47 304
55 498
Living cost
63 175
63 175
63 175
63 175
Free-cash
-27 135
-7 357
-15 871
-7 677

Estimated living cost  is ₽63175 per week

₽47338
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7423
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽514
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7901
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽44029
₽51294
₽42100
₽46901
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 800
income
-
-
-
11 175
pensions

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

-
-
-
4 890
unemployment
-
-
-
132
total
-
-
-
19 997
Employee
16 423
-
68 017
-
income
1 642
-
6 802
-
accident

We are using the highest rate at 1.1%.

181
-
363
-
pensions

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

1 442
-
2 901
-
health
755
-
1 520
-
total
4 020
-
11 586
-
Employer
16 423
-
68 017
-
unemployment
98
-
198
-
health
1 134
-
2 280
-
accident

We are using the highest rate at 1.1%.

181
-
363
-
pensions

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

1 810
-
3 641
-
total
3 223
-
6 482
-
Corporate
54 855
74 500
-
-
income
5 485
7 450
-
-
total
5 485
7 450
-
-
Dividends
49 370
67 050
-
-
withholding
2 468
3 353
-
-
total
2 468
3 353
-
-
Income
74 500
74 500
74 500
74 500
Total tax
15 196
10 803
18 068
19 997
After tax
59 304
63 697
56 432
54 503
Living cost
12 403
12 403
12 403
12 403
Free-cash
46 901
51 294
44 029
42 100

Estimated living cost  is ₽12403 per week

₽7241
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽886
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽329
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3948
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽32822
-₽27484
-₽10326
-₽29096
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
10 219
income
-
-
-
10 737
pensions
-
-
-
11 141
total
-
-
-
32 097
Employee
88 161
81 204
81 204
-
income

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

13 292
13 292
13 292
-
pensions
11 141
11 141
14 617
-
health
10 999
10 602
12 464
-
total
35 432
35 035
40 373
-
Employer
88 161
81 204
81 204
-
unemployment
3 174
2 923
2 923
-
health
6 126
5 645
5 645
-
pensions
6 135
5 652
5 652
-
total
15 435
14 220
14 220
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
74 500
74 500
74 500
74 500
Total tax
50 867
49 255
54 593
32 097
After tax
23 633
25 245
19 907
42 403
Living cost
52 729
52 729
52 729
52 729
Free-cash
-29 096
-27 484
-32 822
-10 326

Estimated living cost  is ₽52729 per week

₽38897
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4710
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽605
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8519
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽14365
₽27853
₽12846
₽19490
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
10 057
income
-
-
-
6 403
solidarity contribution
-
-
-
-
total
-
-
-
38 214
Employee
34 470
-
55 597
-
social contributions
2 241
-
3 614
-
solidarity contribution
-
-
-
-
income
4 136
-
6 672
-
health
4 654
-
7 506
-
total
11 031
-
17 792
-
Employer
34 470
-
55 597
-
health
3 102
-
5 004
-
social contributions
8 618
-
13 899
-
total
11 720
-
18 903
-
Corporate
28 310
74 500
-
-
income
5 379
14 155
-
-
total
5 379
14 155
-
-
Dividends
22 931
60 345
-
-
withholding
3 440
9 052
-
-
total
3 440
9 052
-
-
Income
74 500
74 500
74 500
74 500
Total tax
31 570
23 207
36 695
38 214
After tax
42 930
51 293
37 805
36 286
Living cost
23 440
23 440
23 440
23 440
Free-cash
19 490
27 853
14 365
12 846

Estimated living cost  is ₽23440 per week

₽16282
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1668
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽461
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5030
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽4075
-₽374
-₽403
-₽10011
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
74 500
social contributions
-
-
-
19 162
national
-
-
-
14 387
regional
-
-
-
787
municipal
-
-
-
442
total
-
-
-
34 778
Employee
84 511
-
74 500
-
social contributions
28 497
-
25 121
-
municipal
448
-
395
-
national
14 644
-
12 249
-
regional
797
-
685
-
total
44 386
-
38 450
-
Employer
84 511
-
74 500
-
total
-
-
-
-
Corporate
-
74 500
-
-
nationa
-
17 879
-
-
municipal
-
2 905
-
-
total
-
20 784
-
-
Dividends
-
53 715
-
-
withholding
-
13 965
-
-
total
-
13 965
-
-
Income
74 500
74 500
74 500
74 500
Total tax
44 386
34 749
38 450
34 778
After tax
30 114
39 751
36 050
39 722
Living cost
40 125
40 125
40 125
40 125
Free-cash
-10 011
-374
-4 075
-403

Estimated living cost  is ₽40125 per week

₽27970
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2631
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽615
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8907
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽17800
₽25877
₽19454
₽22917
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
74 500
other
-
-
-
-
health
-
-
-
5 289
income
-
-
-
12 439
pensions
-
-
-
14 900
surtax
-
-
-
1 218
unemployment
-
-
-
217
total
-
-
-
34 063
Employee
31 446
-
61 545
-
surtax
103
-
1 092
-
income
5 271
-
11 713
-
other
-
-
-
-
pensions
2 097
-
4 105
-
health
803
-
1 568
-
unemployment
2 189
-
4 284
-
total
10 463
-
22 762
-
Employer
31 446
-
61 545
-
other
-
-
-
-
unemployment
996
-
1 951
-
health
1 431
-
2 801
-
pensions
4 192
-
8 203
-
total
6 619
-
12 955
-
Corporate
36 435
74 500
-
-
income
9 474
19 370
-
-
total
9 474
19 370
-
-
Dividends
26 961
55 130
-
-
withholding
4 044
8 270
-
-
total
4 044
8 270
-
-
Income
74 500
74 500
74 500
74 500
Total tax
30 600
27 640
35 717
34 063
After tax
43 900
46 860
38 783
40 437
Living cost
20 983
20 983
20 983
20 983
Free-cash
22 917
25 877
17 800
19 454

Estimated living cost  is ₽20983 per week

₽12830
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1936
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽484
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5733
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽4145
₽12659
₽12339
₽5227
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
13 874
pensions
-
-
-
5 128
total
-
-
-
19 002
Employee
59 902
-
65 931
-
income
10 789
-
11 827
-
health
870
-
992
-
pensions
5 084
-
5 808
-
total
16 743
-
18 627
-
Employer
59 902
-
65 931
-
health
1 138
-
1 252
-
pensions
6 484
-
7 317
-
total
7 622
-
8 569
-
Corporate
6 976
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.

1 325
14 155
-
-
total
1 325
14 155
-
-
Dividends
5 650
60 345
-
-
withholding
424
4 527
-
-
total
424
4 527
-
-
Income
74 500
74 500
74 500
74 500
Total tax
26 114
18 682
27 196
19 002
After tax
48 386
55 818
47 304
55 498
Living cost
43 159
43 159
43 159
43 159
Free-cash
5 227
12 659
4 145
12 339

Estimated living cost  is ₽43159 per week

₽32335
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3235
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽451
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7138
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽17508
-₽42405
-₽13679
-₽23514
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
74 500
other

This will depend on a canton and a chosen fund. The rate is between 0.3% and 3.4% with a maximum base of 148,200 CHF. We use 2% as an average rate.

-
-
-
1 491
health
-
-
-
249
pensions
-
-
-
6 855
city
-
-
-
784
national
-
-
-
292
regional
-
-
-
2 037
total
-
-
-
11 708
Employee
89 491
-
66 683
-
national
424
-
244
-
city
960
-
717
-
pensions
7 518
-
5 601
-
health
202
-
149
-
regional
2 930
-
1 742
-
unemployment
-
-
-
-
total
12 034
-
8 453
-
Employer
89 491
-
66 683
-
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.

1 789
-
1 334
-
unemployment
-
-
-
-
health
202
-
149
-
pensions
7 518
-
5 601
-
total
9 509
-
7 084
-
Corporate
-
74 500
-
-
regional
-
15 758
-
-
national
-
6 332
-
-
total
-
22 090
-
-
Dividends
-
52 410
-
-
withholding
-
18 344
-
-
total
-
18 344
-
-
Income
74 500
74 500
74 500
74 500
Total tax
21 543
40 434
15 537
11 708
After tax
52 957
34 066
58 963
62 792
Living cost
76 471
76 471
76 471
76 471
Free-cash
-23 514
-42 405
-17 508
-13 679

Estimated living cost  is ₽76471 per week

₽49728
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6862
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽939
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18941
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽11491
-₽6601
₽6296
₽8819
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
6 496
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.

-
-
-
12 276
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.

-
-
-
675
trade
-
-
-
5 195
total
-
-
-
24 642
Employee

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

57 148
-
74 500
-
surtax

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

370
-
675
-
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.

6 720
-
12 276
-
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.

6 496
-
6 496
-
total
13 586
-
19 447
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
17 352
74 500
-
-
chamber of commerce
170
249
-
-
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.

143
615
-
-
trade
2 976
12 776
-
-
income
2 602
11 175
-
-
total
5 891
24 815
-
-
Dividends
11 462
49 684
-
-
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.

137
664
-
-
withholding
2 505
12 060
-
-
total
2 642
12 724
-
-
Income
74 500
74 500
74 500
74 500
Total tax
22 119
37 539
19 447
24 642
After tax
52 381
36 961
55 053
49 858
Living cost
43 562
43 562
43 562
43 562
Free-cash
8 819
-6 601
11 491
6 296

Estimated living cost  is ₽43562 per week

₽31816
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3485
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽567
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7696
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽11813
₽5013
₽10587
₽10632
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
74 500
other
-
-
-
2 310
social contributions
-
-
-
2 124
health
-
-
-
644
income
-
-
-
4 152
pensions
-
-
-
22 149
surtax
-
-
-
-
total
-
-
-
31 379
Employee
40 697
-
56 772
-
surtax
-
-
-
-
social contributions
1 160
-
1 619
-
income
2 402
-
4 383
-
pensions
4 602
-
6 422
-
total
8 164
-
12 424
-
Employer
40 697
-
56 772
-
other
1 404
-
1 958
-
unemployment
1 648
-
2 299
-
health
2 849
-
3 974
-
pensions
6 686
-
9 328
-
social contributions
123
-
170
-
total
12 710
-
17 729
-
Corporate
21 093
74 500
-
-
surtax
-
-
-
-
income
5 906
20 860
-
-
total
5 906
20 860
-
-
Dividends
15 187
53 640
-
-
social contributions
2 611
9 227
-
-
surtax
-
-
-
-
withholding
1 943
6 866
-
-
total
4 554
16 093
-
-
Income
74 500
74 500
74 500
74 500
Total tax
31 334
36 953
30 153
31 379
After tax
43 166
37 547
44 347
43 121
Living cost
32 534
32 534
32 534
32 534
Free-cash
10 632
5 013
11 813
10 587

Estimated living cost  is ₽32534 per week

₽20514
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2645
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽554
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8822
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽15037
₽8237
₽13811
₽13519
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
74 500
other
-
-
-
2 310
social contributions
-
-
-
2 124
health
-
-
-
644
income
-
-
-
4 152
pensions
-
-
-
22 149
surtax
-
-
-
-
total
-
-
-
31 379
Employee
36 328
-
56 772
-
surtax
-
-
-
-
social contributions
1 036
-
1 619
-
income
1 873
-
4 383
-
pensions
4 109
-
6 422
-
total
7 018
-
12 424
-
Employer
36 328
-
56 772
-
other
1 254
-
1 958
-
unemployment
1 471
-
2 299
-
health
2 543
-
3 974
-
pensions
5 969
-
9 328
-
social contributions
108
-
170
-
total
11 345
-
17 729
-
Corporate
26 827
74 500
-
-
surtax
-
-
-
-
income
7 512
20 860
-
-
total
7 512
20 860
-
-
Dividends
19 314
53 640
-
-
social contributions
3 324
9 227
-
-
surtax
-
-
-
-
withholding
2 472
6 866
-
-
total
5 796
16 093
-
-
Income
74 500
74 500
74 500
74 500
Total tax
31 671
36 953
30 153
31 379
After tax
42 829
37 547
44 347
43 121
Living cost
29 310
29 310
29 310
29 310
Free-cash
13 519
8 237
15 037
13 811

Estimated living cost  is ₽29310 per week

₽16999
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2977
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽556
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8779
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28876
₽25286
₽27680
₽25782
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
10 280
health
-
-
-
5 201
income
-
-
-
11 175
total
-
-
-
26 656
Employee
32 241
-
74 500
-
social contributions
4 450
-
10 280
-
income
5 377
-
9 979
-
health
2 250
-
5 201
-
total
12 077
-
25 460
-
Employer
32 241
-
74 500
-
total
-
-
-
-
Corporate
42 259
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%.

2 113
3 725
-
-
total
2 113
3 725
-
-
Dividends
40 145
70 775
-
-
social contributions
5 540
9 768
-
-
withholding
6 022
10 616
-
-
health
2 802
4 941
-
-
total
14 364
25 325
-
-
Income
74 500
74 500
74 500
74 500
Total tax
28 554
29 050
25 460
26 656
After tax
45 946
45 450
49 040
47 844
Living cost
20 164
20 164
20 164
20 164
Free-cash
25 782
25 286
28 876
27 680

Estimated living cost  is ₽20164 per week

₽13494
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1243
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽464
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4961
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽8108
₽8601
₽6189
₽7130
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
5 699
income
-
-
-
9 005
chamber of commerce
-
-
-
298
pensions
-
-
-
13 783
surtax
-
-
-
188
unemployment
-
-
-
5 832
total
-
-
-
34 805
Employee
47 522
37 895
57 705
-
income
5 410
2 795
8 328
-
other
475
379
577
-
pensions
4 867
3 880
5 910
-
health
1 839
1 467
2 234
-
unemployment
1 426
1 137
1 731
-
total
14 017
9 658
18 780
-
Employer
47 522
37 895
57 705
-
other
2 257
1 799
2 741
-
unemployment
1 426
1 137
1 731
-
health
1 796
1 433
2 182
-
surtax
188
188
188
-
accident
617
493
751
-
pensions
5 964
4 757
7 242
-
payroll
1 426
1 137
1 731
-
chamber of commerce
189
152
231
-
total
13 863
11 096
16 797
-
Corporate
13 116
25 511
54 096
-
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.

3 279
6 377
13 525
-
total
3 279
6 377
13 525
-
Dividends
9 837
19 133
-
-
withholding
2 705
5 262
-
-
total
2 705
5 262
-
-
Income
74 500
74 500
74 500
74 500
Total tax
33 864
32 393
49 102
34 805
After tax
40 636
42 107
25 398
39 695
Living cost
33 506
33 506
33 506
33 506
Free-cash
7 130
8 601
-8 108
6 189

Estimated living cost  is ₽33506 per week

₽22347
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2858
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽550
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7750
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽4396
₽7187
₽2380
-₽13319
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
10 510
communal

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

-
-
-
3 840
national
-
-
-
23 099
total
-
-
-
37 449
Employee

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

68 019
-
57 703
-
national
20 912
-
16 877
-
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.

5 101
-
4 327
-
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.

3 196
-
2 712
-
communal

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

3 548
-
3 010
-
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.

592
-
502
-
total
33 349
-
27 428
-
Employer

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

68 019
-
57 703
-
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.

992
-
843
-
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.

4 183
-
3 548
-
surtax
7 713
-
6 543
-
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.

884
-
751
-
pensions

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

6 027
-
5 112
-
total
19 799
-
16 797
-
Corporate
-
74 500
-
-
surtax
-
298
-
-
income
-
14 900
-
-
total
-
15 198
-
-
Dividends
-
59 302
-
-
withholding

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

-
17 444
-
-
total
-
17 444
-
-
Income
74 500
74 500
74 500
74 500
Total tax
53 148
32 642
44 225
37 449
After tax
21 352
41 858
30 275
37 051
Living cost
34 671
34 671
34 671
34 671
Free-cash
-13 319
7 187
-4 396
2 380

Estimated living cost  is ₽34671 per week

₽22333
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3032
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽543
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8765
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽6003
₽15903
₽5473
₽8315
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
74 500
other
-
-
-
74
accident
-
-
-
671
income
-
-
-
12 335
pensions
-
-
-
21 084
unemployment
-
-
-
522
total
-
-
-
34 686
Employee
47 334
-
56 489
-
income
9 987
-
12 560
-
other
47
-
56
-
pensions
2 225
-
2 654
-
unemployment
734
-
875
-
total
12 993
-
16 145
-
Employer
47 334
-
56 489
-
other
377
-
453
-
unemployment
2 604
-
3 107
-
accident
937
-
1 119
-
pensions
11 170
-
13 332
-
total
15 088
-
18 011
-
Corporate
12 078
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.

1 812
11 175
-
-
total
1 812
11 175
-
-
Dividends
10 267
63 325
-
-
withholding
1 951
13 081
-
-
total
1 951
13 081
-
-
Income
74 500
74 500
74 500
74 500
Total tax
31 844
24 256
34 156
34 686
After tax
42 656
50 244
40 344
39 814
Living cost
34 341
34 341
34 341
34 341
Free-cash
8 315
15 903
6 003
5 473

Estimated living cost  is ₽34341 per week

₽25289
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2436
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽494
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6121
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽3177
-₽5544
-₽7013
-₽6115
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
5 233
accident
-
-
-
628
income
-
-
-
4 408
pensions
-
-
-
11 166
communal
-
-
-
4 708
surtax
-
-
-
3 694
total
-
-
-
29 837
Employee
72 011
-
66 547
-
surtax
4 414
-
4 078
-
income
6 956
-
5 687
-
pensions
5 760
-
5 323
-
health
3 205
-
2 961
-
total
20 335
-
18 049
-
Employer
72 011
-
66 547
-
health
2 196
-
2 030
-
accident
648
-
599
-
pensions
5 760
-
5 323
-
total
8 604
-
7 952
-
Corporate
-
74 500
-
-
surtax
-
783
-
-
income
-
11 175
-
-
communal
-
5 029
-
-
total
-
16 987
-
-
Dividends
-
57 512
-
-
income
-
2 754
-
-
withholding
-
8 627
-
-
total
-
11 381
-
-
Income
74 500
74 500
74 500
74 500
Total tax
28 939
28 368
26 001
29 837
After tax
45 561
46 132
48 499
44 663
Living cost
51 676
51 676
51 676
51 676
Free-cash
-6 115
-5 544
-3 177
-7 013

Estimated living cost  is ₽51676 per week

₽38765
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3131
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.
₽9232
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽17425
₽25502
₽19079
₽22477
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
74 500
other
-
-
-
-
health
-
-
-
5 289
income
-
-
-
12 439
pensions
-
-
-
14 900
surtax
-
-
-
1 218
unemployment
-
-
-
217
total
-
-
-
34 063
Employee
32 023
-
61 545
-
surtax
114
-
1 092
-
income
5 368
-
11 713
-
other
-
-
-
-
pensions
2 137
-
4 105
-
health
817
-
1 568
-
unemployment
2 229
-
4 284
-
total
10 665
-
22 762
-
Employer
32 023
-
61 545
-
other
-
-
-
-
unemployment
1 016
-
1 951
-
health
1 456
-
2 801
-
pensions
4 270
-
8 203
-
total
6 742
-
12 955
-
Corporate
35 735
74 500
-
-
income
9 292
19 370
-
-
total
9 292
19 370
-
-
Dividends
26 444
55 130
-
-
withholding
3 966
8 270
-
-
total
3 966
8 270
-
-
Income
74 500
74 500
74 500
74 500
Total tax
30 665
27 640
35 717
34 063
After tax
43 835
46 860
38 783
40 437
Living cost
21 358
21 358
21 358
21 358
Free-cash
22 477
25 502
17 425
19 079

Estimated living cost  is ₽21358 per week

₽12895
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1857
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽496
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6112
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽10118
₽13543
₽13771
₽11433
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
74 500
social contributions
-
-
-
19 162
national
-
-
-
14 387
regional
-
-
-
1 123
municipal
-
-
-
442
total
-
-
-
35 114
Employee
52 748
-
74 500
-
social contributions
17 787
-
25 121
-
municipal
280
-
395
-
national
8 357
-
12 249
-
regional
710
-
1 002
-
total
27 134
-
38 767
-
Employer
52 748
-
74 500
-
total
-
-
-
-
Corporate
21 752
74 500
-
-
nationa
5 220
17 879
-
-
municipal
1 081
3 703
-
-
total
6 301
21 582
-
-
Dividends
15 450
52 918
-
-
withholding
4 017
13 760
-
-
total
4 017
13 760
-
-
Income
74 500
74 500
74 500
74 500
Total tax
37 452
35 342
38 767
35 114
After tax
37 048
39 158
35 733
39 386
Living cost
25 615
25 615
25 615
25 615
Free-cash
11 433
13 543
10 118
13 771

Estimated living cost  is ₽25615 per week

₽15930
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2595
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.
₽6651
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽8921
₽22409
₽7402
₽12106
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
10 057
income
-
-
-
6 403
solidarity contribution
-
-
-
-
total
-
-
-
38 214
Employee
42 476
-
55 597
-
social contributions
2 761
-
3 614
-
solidarity contribution
-
-
-
-
income
5 097
-
6 672
-
health
5 734
-
7 506
-
total
13 592
-
17 792
-
Employer
42 476
-
55 597
-
health
3 823
-
5 004
-
social contributions
10 619
-
13 899
-
total
14 442
-
18 903
-
Corporate
17 581
74 500
-
-
income
3 340
14 155
-
-
total
3 340
14 155
-
-
Dividends
14 241
60 345
-
-
withholding
2 136
9 052
-
-
total
2 136
9 052
-
-
Income
74 500
74 500
74 500
74 500
Total tax
33 510
23 207
36 695
38 214
After tax
40 990
51 293
37 805
36 286
Living cost
28 884
28 884
28 884
28 884
Free-cash
12 106
22 409
8 921
7 402

Estimated living cost  is ₽28884 per week

₽21480
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1600
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.
₽5304
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽4893
₽11873
₽9546
₽11403
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
5 699
income
-
-
-
9 005
chamber of commerce
-
-
-
298
pensions
-
-
-
13 783
surtax
-
-
-
-
unemployment
-
-
-
5 832
total
-
-
-
34 617
Employee
41 567
37 895
57 850
-
income
3 703
2 795
8 369
-
other
415
379
579
-
pensions
4 257
3 880
5 924
-
health
1 608
1 467
2 239
-
unemployment
1 247
1 137
1 736
-
total
11 230
9 658
18 847
-
Employer
41 567
37 895
57 850
-
other
1 974
1 799
2 746
-
unemployment
1 247
1 137
1 736
-
health
1 572
1 433
2 187
-
surtax
-
-
-
-
accident
540
493
752
-
pensions
5 217
4 757
7 260
-
payroll
1 247
1 137
1 736
-
chamber of commerce
166
152
231
-
total
11 963
10 908
16 648
-
Corporate
20 971
25 698
54 242
-
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.

5 242
6 424
13 561
-
total
5 242
6 424
13 561
-
Dividends
15 729
19 274
-
-
withholding
4 325
5 300
-
-
total
4 325
5 300
-
-
Income
74 500
74 500
74 500
74 500
Total tax
32 760
32 290
49 056
34 617
After tax
41 740
42 210
25 444
39 883
Living cost
30 337
30 337
30 337
30 337
Free-cash
11 403
11 873
-4 893
9 546

Estimated living cost  is ₽30337 per week

₽18199
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3098
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽541
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8499
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47188
₽58363
₽61343
₽56036
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We expect you will register a microenterprise to benefit from 1% tax rate. Otherwise you will be taxed at a personal income rate of 20%.

-
-
-
74 500
microenterprise

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

-
-
-
745
total
-
-
-
745
Employee
15 516
-
74 500
-
income
3 103
-
14 900
-
total
3 103
-
14 900
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

58 984
74 500
-
-
total
-
-
-
-
Dividends
58 984
74 500
-
-
withholding
2 949
3 725
-
-
total
2 949
3 725
-
-
Income
74 500
74 500
74 500
74 500
Total tax
6 052
3 725
14 900
745
After tax
68 448
70 775
59 600
73 755
Living cost
12 412
12 412
12 412
12 412
Free-cash
56 036
58 363
47 188
61 343

Estimated living cost  is ₽12412 per week

₽8400
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽521
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽416
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3075
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽11808
₽25788
₽13941
₽17835
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
7 332
income
-
-
-
14 004
pensions
-
-
-
13 606
unemployment
-
-
-
112
total
-
-
-
35 054
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.

42 049
-
64 463
-
income
7 251
-
12 905
-
pensions
6 518
-
9 992
-
health
2 716
-
4 165
-
unemployment
60
-
90
-
total
16 545
-
27 152
-
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.

42 049
-
64 463
-
unemployment
25
-
38
-
health
2 801
-
4 293
-
pensions
3 721
-
5 704
-
total
6 547
-
10 035
-
Corporate
25 904
74 500
-
-
income
4 921
14 155
-
-
total
4 921
14 155
-
-
Dividends
20 983
60 345
-
-
withholding
3 147
9 052
-
-
total
3 147
9 052
-
-
Income
74 500
74 500
74 500
74 500
Total tax
31 160
23 207
37 187
35 054
After tax
43 340
51 293
37 313
39 446
Living cost
25 506
25 506
25 506
25 506
Free-cash
17 835
25 788
11 808
13 941

Estimated living cost  is ₽25506 per week

₽17504
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1635
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽494
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5874
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽18320
₽2272
₽8431
-₽74277
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
61 734
-
-
-
social contributions
5 062
-
721
-
income
13 617
-
-
-
total
18 679
-
721
-
Employer
61 734
-
-
-
social contributions
87 044
-
12 405
-
total
87 044
-
12 405
-
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
105 723
29 174
13 126
23 015
After tax
-31 223
45 326
61 374
51 485
Living cost
43 054
43 054
43 054
43 054
Free-cash
-74 277
2 272
18 320
8 431

Estimated living cost  is ₽43054 per week

₽27935
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4049
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.
₽10521
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽9357
₽12549
₽12387
₽11590
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
25 890
income
-
-
-
6 396
surtax
-
-
-
-
total
-
-
-
32 286
Employee
43 734
-
60 203
-
surtax
-
-
-
-
social contributions
4 811
-
6 623
-
income
9 097
-
14 396
-
total
13 908
-
21 019
-
Employer
43 734
-
60 203
-
social contributions
10 387
-
14 297
-
total
10 387
-
14 297
-
Corporate
20 379
74 500
-
-
surtax
-
-
-
-
income
4 280
15 645
-
-
total
4 280
15 645
-
-
Dividends
16 098
58 855
-
-
withholding
4 508
16 479
-
-
total
4 508
16 479
-
-
Income
74 500
74 500
74 500
74 500
Total tax
33 083
32 124
35 316
32 286
After tax
41 417
42 376
39 184
42 214
Living cost
29 827
29 827
29 827
29 827
Free-cash
11 590
12 549
9 357
12 387

Estimated living cost  is ₽29827 per week

₽22317
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.
₽498
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5253
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽1581
-₽8381
-₽2807
-₽3657
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
74 500
other
-
-
-
2 310
social contributions
-
-
-
2 124
health
-
-
-
644
income
-
-
-
4 152
pensions
-
-
-
22 149
surtax
-
-
-
-
total
-
-
-
31 379
Employee
59 557
-
56 772
-
surtax
-
-
-
-
social contributions
1 696
-
1 619
-
income
5 196
-
4 383
-
pensions
6 736
-
6 422
-
total
13 628
-
12 424
-
Employer
59 557
-
56 772
-
other
2 055
-
1 958
-
unemployment
2 413
-
2 299
-
health
4 168
-
3 974
-
pensions
9 786
-
9 328
-
social contributions
179
-
170
-
total
18 601
-
17 729
-
Corporate
-
74 500
-
-
surtax
-
-
-
-
income
-
20 860
-
-
total
-
20 860
-
-
Dividends
-
53 640
-
-
social contributions
-
9 227
-
-
surtax
-
-
-
-
withholding
-
6 866
-
-
total
-
16 093
-
-
Income
74 500
74 500
74 500
74 500
Total tax
32 229
36 953
30 153
31 379
After tax
42 271
37 547
44 347
43 121
Living cost
45 928
45 928
45 928
45 928
Free-cash
-3 657
-8 381
-1 581
-2 807

Estimated living cost  is ₽45928 per week

₽31083
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3757
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽630
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10457
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽30877
₽38465
₽28785
₽35271
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
740
social contributions
-
-
-
16 391
total
-
-
-
17 131
Employee
30 571
-
64 503
-
income
-
-
850
-
social contributions
1 987
-
4 192
-
total
1 987
-
5 042
-
Employer
30 571
-
64 503
-
social contributions
4 739
-
9 997
-
total
4 739
-
9 997
-
Corporate
39 191
74 500
-
-
income
3 919
7 451
-
-
total
3 919
7 451
-
-
Dividends
35 271
67 049
-
-
total
-
-
-
-
Income
74 500
74 500
74 500
74 500
Total tax
10 645
7 451
15 039
17 131
After tax
63 855
67 049
59 461
57 369
Living cost
28 584
28 584
28 584
28 584
Free-cash
35 271
38 465
30 877
28 785

Estimated living cost  is ₽28584 per week

₽18482
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2155
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽538
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7409
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽132370
-₽132370
₽1347
-₽132370
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
74 500
labour market
-
-
-
5 894
pensions
-
-
-
823
national
-
-
-
7 589
municipal
-
-
-
13 120
total
-
-
-
27 426
Employee
193 003
193 003
193 003
-
labour market
15 418
15 418
15 418
-
municipal
41 099
41 099
41 099
-
national
23 579
23 579
23 579
-
pensions
274
274
274
-
total
80 370
80 370
80 370
-
Employer
193 003
193 003
193 003
-
national
23 620
23 620
23 620
-
labour market
15 440
15 440
15 440
-
pensions
549
549
549
-
municipal
41 164
41 164
41 164
-
total
80 773
80 773
80 773
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
74 500
74 500
74 500
74 500
Total tax
161 143
161 143
161 143
27 426
After tax
-86 643
-86 643
-86 643
47 074
Living cost
45 727
45 727
45 727
45 727
Free-cash
-132 370
-132 370
-132 370
1 347

Estimated living cost  is ₽45727 per week

₽31296
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4045
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽703
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9682
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽16939
-₽14688
₽30545
₽2856
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
74 500
other
-
-
-
354
health
-
-
-
2 085
accident
-
-
-
241
income
-
-
-
16 575
pensions
-
-
-
3 978
total
-
-
-
23 233
Employee
32 597
-
61 887
-
income
4 472
-
10 172
-
pensions
3 671
-
6 969
-
health
3 733
-
7 086
-
total
11 876
-
24 227
-
Employer
32 597
-
61 887
-
unemployment
799
-
1 516
-
accident
544
-
1 033
-
pensions
5 300
-
10 063
-
total
6 643
-
12 612
-
Corporate
35 259
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.

31 733
67 050
-
-
total
31 733
67 050
-
-
Dividends
3 526
7 450
-
-
withholding
670
1 416
-
-
total
670
1 416
-
-
Income
74 500
74 500
74 500
74 500
Total tax
50 922
68 466
36 839
23 233
After tax
23 578
6 034
37 661
51 267
Living cost
20 722
20 722
20 722
20 722
Free-cash
2 856
-14 688
16 939
30 545

Estimated living cost  is ₽20722 per week

₽15083
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1181
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽389
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4068
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽7622
₽14270
₽18510
₽10401
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
751
national
-
-
-
5 457
municipal
-
-
-
13 274
total
-
-
-
19 482
Employee
50 029
-
62 673
-
municipal
8 194
-
10 248
-
national
826
-
2 557
-
pensions
3 376
-
4 230
-
health
374
-
568
-
unemployment
751
-
940
-
total
13 521
-
18 543
-
Employer
50 029
-
62 673
-
unemployment
325
-
408
-
health
384
-
482
-
accident
51
-
63
-
pensions
8 680
-
10 874
-
total
9 440
-
11 827
-
Corporate
15 031
74 500
-
-
income
3 006
14 900
-
-
total
3 006
14 900
-
-
Dividends

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

9 019
44 700
-
-
national
-
776
-
-
municipal
1 624
8 046
-
-
total
1 624
8 822
-
-
Income
74 500
74 500
74 500
74 500
Total tax
27 591
23 722
30 370
19 482
After tax
46 909
50 778
44 130
55 018
Living cost
36 508
36 508
36 508
36 508
Free-cash
10 401
14 270
7 622
18 510

Estimated living cost  is ₽36508 per week

₽23847
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3512
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽581
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8570
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽31923
₽30981
₽33282
₽27459
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
5 681
total
-
-
-
19 202
Employee
73 120
73 120
73 120
-
social contributions
2 765
6 069
5 614
-
income
7 962
6 769
6 933
-
health
567
1 243
1 149
-
total
11 294
14 081
13 696
-
Employer
73 120
73 120
73 120
-
health
615
1 353
1 251
-
social contributions
2 765
6 069
5 614
-
total
3 380
7 422
6 865
-
Corporate
37 811
-
-
-
income
4 726
-
-
-
total
4 726
-
-
-
Dividends
33 085
-
-
-
withholding
5 625
-
-
-
total
5 625
-
-
-
Income
74 500
74 500
74 500
74 500
Total tax
25 025
21 503
20 561
19 202
After tax
49 475
52 997
53 939
55 298
Living cost
22 016
22 016
22 016
22 016
Free-cash
27 459
30 981
31 923
33 282

Estimated living cost  is ₽22016 per week

₽13195
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2160
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽487
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6175
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽30924
₽46595
₽43073
₽41759
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 441
income
-
-
-
6 812
pensions
-
-
-
6 049
unemployment
-
-
-
27
total
-
-
-
16 329
Employee

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

21 827
-
67 544
-
income
1 492
-
5 311
-
pensions
3 273
-
10 132
-
health
1 855
-
5 742
-
unemployment
108
-
337
-
total
6 728
-
21 522
-
Employer

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

21 827
-
67 544
-
unemployment
108
-
337
-
health
938
-
2 903
-
pensions
1 200
-
3 716
-
total
2 246
-
6 956
-
Corporate
50 427
74 500
-
-
income
4 538
6 706
-
-
total
4 538
6 706
-
-
Dividends
45 888
67 794
-
-
withholding
4 131
6 101
-
-
total
4 131
6 101
-
-
Income
74 500
74 500
74 500
74 500
Total tax
17 643
12 807
28 478
16 329
After tax
56 857
61 693
46 022
58 171
Living cost
15 098
15 098
15 098
15 098
Free-cash
41 759
46 595
30 924
43 073

Estimated living cost  is ₽15098 per week

₽9633
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1088
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.
₽3927
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽14195
₽24095
₽13665
₽19106
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
74 500
other
-
-
-
74
accident
-
-
-
671
income
-
-
-
12 335
pensions
-
-
-
21 084
unemployment
-
-
-
522
total
-
-
-
34 686
Employee
35 161
-
56 489
-
income
6 779
-
12 560
-
other
34
-
56
-
pensions
1 653
-
2 654
-
unemployment
545
-
875
-
total
9 011
-
16 145
-
Employer
35 161
-
56 489
-
other
282
-
453
-
unemployment
1 934
-
3 107
-
accident
697
-
1 119
-
pensions
8 297
-
13 332
-
total
11 210
-
18 011
-
Corporate
28 130
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.

4 219
11 175
-
-
total
4 219
11 175
-
-
Dividends
23 911
63 325
-
-
withholding
4 805
13 081
-
-
total
4 805
13 081
-
-
Income
74 500
74 500
74 500
74 500
Total tax
29 245
24 256
34 156
34 686
After tax
45 255
50 244
40 344
39 814
Living cost
26 149
26 149
26 149
26 149
Free-cash
19 106
24 095
14 195
13 665

Estimated living cost  is ₽26149 per week

₽17650
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2514
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.
₽5527
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽45494
₽44720
₽45618
₽44430
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
935
income
-
-
-
24 889
pensions
-
-
-
1 290
total
-
-
-
27 114
Employee
2 693
-
73 049
-
income
521
-
24 821
-
pensions
242
-
580
-
health
135
-
322
-
unemployment
27
-
64
-
total
925
-
25 787
-
Employer
2 693
-
73 049
-
unemployment
54
-
129
-
health
256
-
613
-
pensions
296
-
709
-
total
606
-
1 451
-
Corporate
71 201
74 500
-
-
income
15 664
16 390
-
-
total
15 664
16 390
-
-
Dividends
55 537
58 110
-
-
withholding
11 107
11 622
-
-
total
11 107
11 622
-
-
Income
74 500
74 500
74 500
74 500
Total tax
28 302
28 012
27 238
27 114
After tax
46 198
46 488
47 262
47 386
Living cost
1 768
1 768
1 768
1 768
Free-cash
44 430
44 720
45 494
45 618

Estimated living cost  is ₽1768 per week

₽1051
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽143
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽40
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽533
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽22199
₽37350
₽20425
₽32665
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
7 252
income
-
-
-
10 985
pensions
-
-
-
18 306
unemployment
-
-
-
1 056
total
-
-
-
37 599
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.

24 845
-
63 189
-
income
3 425
-
11 940
-
pensions
3 478
-
8 846
-
health
1 279
-
3 254
-
unemployment
186
-
474
-
total
8 368
-
24 514
-
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.

24 845
-
63 189
-
unemployment
186
-
474
-
health
1 279
-
3 254
-
pensions
2 981
-
7 583
-
total
4 446
-
11 311
-
Corporate
45 208
74 500
-
-
income
6 781
11 175
-
-
total
6 781
11 175
-
-
Dividends
38 427
63 325
-
-
withholding
5 764
9 499
-
-
total
5 764
9 499
-
-
Income
74 500
74 500
74 500
74 500
Total tax
25 359
20 674
35 825
37 599
After tax
49 141
53 826
38 675
36 901
Living cost
16 476
16 476
16 476
16 476
Free-cash
32 665
37 350
22 199
20 425

Estimated living cost  is ₽16476 per week

₽11093
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1274
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3631
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽13548
₽16740
₽16578
₽16397
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
25 890
income
-
-
-
6 396
surtax
-
-
-
-
total
-
-
-
32 286
Employee
36 907
-
60 203
-
surtax
-
-
-
-
social contributions
4 060
-
6 623
-
income
7 211
-
14 396
-
total
11 271
-
21 019
-
Employer
36 907
-
60 203
-
social contributions
8 765
-
14 297
-
total
8 765
-
14 297
-
Corporate
28 829
74 500
-
-
surtax
-
-
-
-
income
6 054
15 645
-
-
total
6 054
15 645
-
-
Dividends
22 774
58 855
-
-
withholding
6 377
16 479
-
-
total
6 377
16 479
-
-
Income
74 500
74 500
74 500
74 500
Total tax
32 467
32 124
35 316
32 286
After tax
42 033
42 376
39 184
42 214
Living cost
25 636
25 636
25 636
25 636
Free-cash
16 397
16 740
13 548
16 578

Estimated living cost  is ₽25636 per week

₽18157
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1781
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽455
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5244
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽6925
₽16825
₽6395
₽9574
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
74 500
other
-
-
-
74
accident
-
-
-
671
income
-
-
-
12 335
pensions
-
-
-
21 084
unemployment
-
-
-
522
total
-
-
-
34 686
Employee
45 924
-
56 489
-
income
9 592
-
12 560
-
other
45
-
56
-
pensions
2 158
-
2 654
-
unemployment
711
-
875
-
total
12 506
-
16 145
-
Employer
45 924
-
56 489
-
other
368
-
453
-
unemployment
2 526
-
3 107
-
accident
909
-
1 119
-
pensions
10 838
-
13 332
-
total
14 641
-
18 011
-
Corporate
13 934
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.

2 090
11 175
-
-
total
2 090
11 175
-
-
Dividends
11 844
63 325
-
-
withholding
2 270
13 081
-
-
total
2 270
13 081
-
-
Income
74 500
74 500
74 500
74 500
Total tax
31 507
24 256
34 156
34 686
After tax
42 993
50 244
40 344
39 814
Living cost
33 419
33 419
33 419
33 419
Free-cash
9 574
16 825
6 925
6 395

Estimated living cost  is ₽33419 per week

₽24000
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.
₽471
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6350
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽40159
₽47424
₽38230
₽41659
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 800
income
-
-
-
11 175
pensions

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

-
-
-
4 890
unemployment
-
-
-
132
total
-
-
-
19 997
Employee
21 548
-
68 017
-
income
2 155
-
6 802
-
accident

We are using the highest rate at 1.1%.

237
-
363
-
pensions

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

1 892
-
2 901
-
health
991
-
1 520
-
total
5 275
-
11 586
-
Employer
21 548
-
68 017
-
unemployment
129
-
198
-
health
1 487
-
2 280
-
accident

We are using the highest rate at 1.1%.

237
-
363
-
pensions

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

2 374
-
3 641
-
total
4 227
-
6 482
-
Corporate
48 725
74 500
-
-
income
4 873
7 450
-
-
total
4 873
7 450
-
-
Dividends
43 852
67 050
-
-
withholding
2 193
3 353
-
-
total
2 193
3 353
-
-
Income
74 500
74 500
74 500
74 500
Total tax
16 568
10 803
18 068
19 997
After tax
57 932
63 697
56 432
54 503
Living cost
16 273
16 273
16 273
16 273
Free-cash
41 659
47 424
40 159
38 230

Estimated living cost  is ₽16273 per week

₽10763
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽932
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.
₽4191
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽18341
₽1784
₽13994
₽14223
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
6 496
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.

-
-
-
12 276
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.

-
-
-
675
trade
-
-
-
4 347
total
-
-
-
23 794
Employee

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

47 314
-
74 500
-
surtax

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

215
-
675
-
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.

3 891
-
12 276
-
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.

6 496
-
6 496
-
total
10 602
-
19 447
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
27 186
74 500
-
-
chamber of commerce
184
254
-
-
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.

224
615
-
-
trade
3 901
10 690
-
-
income
4 078
11 175
-
-
total
8 387
22 734
-
-
Dividends
18 799
51 765
-
-
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.

238
691
-
-
withholding
4 338
12 579
-
-
total
4 576
13 270
-
-
Income
74 500
74 500
74 500
74 500
Total tax
23 565
36 004
19 447
23 794
After tax
50 935
38 496
55 053
50 706
Living cost
36 712
36 712
36 712
36 712
Free-cash
14 223
1 784
18 341
13 994

Estimated living cost  is ₽36712 per week

₽25325
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3950
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽532
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6904
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽57
-₽2019
₽57
₽82
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
74 500
income
-
-
-
14 083
social contributions
-
-
-
6 192
total
-
-
-
20 275
Employee
74 382
-
74 500
-
income
14 036
-
14 083
-
social contributions
6 180
-
6 192
-
total
20 216
-
20 275
-
Employer
74 382
-
74 500
-
total
-
-
-
-
Corporate
118
74 500
-
-
income
14
9 313
-
-
total
14
9 313
-
-
Dividends
103
65 187
-
-
withholding
20
13 038
-
-
total
20
13 038
-
-
Income
74 500
74 500
74 500
74 500
Total tax
20 250
22 351
20 275
20 275
After tax
54 250
52 149
54 225
54 225
Living cost
54 168
54 168
54 168
54 168
Free-cash
82
-2 019
57
57

Estimated living cost  is ₽54168 per week

₽41210
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4414
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽518
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8027
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽19876
₽8883
₽7011
₽14391
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
27 068
health

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

-
-
-
5 903
total
-
-
-
32 971
Employee
43 622
-
70 126
-
income
4 733
-
11 358
-
social contributions
4 371
-
4 374
-
total
9 104
-
15 732
-
Employer
43 622
-
70 126
-
social contributions
4 371
-
4 374
-
total
4 371
-
4 374
-
Corporate
26 507
74 500
-
-
income
9 277
26 075
-
-
total
9 277
26 075
-
-
Dividends
17 230
48 425
-
-
social contributions
2 839
5 024
-
-
total
2 839
5 024
-
-
Income
74 500
74 500
74 500
74 500
Total tax
25 591
31 099
20 106
32 971
After tax
48 909
43 401
54 394
41 529
Living cost
34 518
34 518
34 518
34 518
Free-cash
14 391
8 883
19 876
7 011

Estimated living cost  is ₽34518 per week

₽22737
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2721
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽529
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8530
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽12217
₽20731
₽20411
₽15404
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
13 874
pensions
-
-
-
5 128
total
-
-
-
19 002
Employee
48 162
-
65 931
-
income
8 771
-
11 827
-
health
628
-
992
-
pensions
3 676
-
5 808
-
total
13 075
-
18 627
-
Employer
48 162
-
65 931
-
health
915
-
1 252
-
pensions
4 866
-
7 317
-
total
5 781
-
8 569
-
Corporate
20 557
74 500
-
-
income

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

3 905
14 155
-
-
total
3 905
14 155
-
-
Dividends
16 652
60 345
-
-
withholding
1 248
4 527
-
-
total
1 248
4 527
-
-
Income
74 500
74 500
74 500
74 500
Total tax
24 009
18 682
27 196
19 002
After tax
50 491
55 818
47 304
55 498
Living cost
35 087
35 087
35 087
35 087
Free-cash
15 404
20 731
12 217
20 411

Estimated living cost  is ₽35087 per week

₽24070
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3227
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.
₽7350
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽14887
-₽16740
₽28493
₽2540
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
74 500
other
-
-
-
354
health
-
-
-
2 085
accident
-
-
-
241
income
-
-
-
16 575
pensions
-
-
-
3 978
total
-
-
-
23 233
Employee
35 824
-
61 887
-
income
4 915
-
10 172
-
pensions
4 034
-
6 969
-
health
4 102
-
7 086
-
total
13 051
-
24 227
-
Employer
35 824
-
61 887
-
unemployment
878
-
1 516
-
accident
598
-
1 033
-
pensions
5 825
-
10 063
-
total
7 301
-
12 612
-
Corporate
31 376
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.

28 238
67 050
-
-
total
28 238
67 050
-
-
Dividends
3 138
7 450
-
-
withholding
596
1 416
-
-
total
596
1 416
-
-
Income
74 500
74 500
74 500
74 500
Total tax
49 186
68 466
36 839
23 233
After tax
25 314
6 034
37 661
51 267
Living cost
22 774
22 774
22 774
22 774
Free-cash
2 540
-16 740
14 887
28 493

Estimated living cost  is ₽22774 per week

₽16713
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1327
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽459
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4274
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽30269
₽50452
₽30269
₽45817
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
10 871
health insurance
-
-
-
5 513
work injury
-
-
-
372
pensions
-
-
-
13 708
unemployment
-
-
-
894
total
-
-
-
31 358
Employee

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

20 597
-
74 500
-
income
2 060
-
10 871
-
work injury
103
-
372
-
health insurance
1 524
-
5 513
-
pensions
3 790
-
13 708
-
unemployment
247
-
894
-
total
7 724
-
31 358
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
53 903
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
53 903
74 500
-
-
withholding
8 086
11 175
-
-
total
8 086
11 175
-
-
Income
74 500
74 500
74 500
74 500
Total tax
15 810
11 175
31 358
31 358
After tax
58 690
63 325
43 142
43 142
Living cost
12 873
12 873
12 873
12 873
Free-cash
45 817
50 452
30 269
30 269

Estimated living cost  is ₽12873 per week

₽7975
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽935
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.
₽3561
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽2274
₽1360
₽1273
-₽5630
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
74 500
social contributions
-
-
-
19 162
national
-
-
-
14 387
regional
-
-
-
1 298
municipal
-
-
-
498
total
-
-
-
35 345
Employee
80 130
-
74 500
-
social contributions
27 019
-
25 121
-
municipal
478
-
444
-
national
13 541
-
12 249
-
regional
1 210
-
1 078
-
total
42 248
-
38 892
-
Employer
80 130
-
74 500
-
total
-
-
-
-
Corporate
-
74 500
-
-
nationa
-
17 879
-
-
municipal
-
3 591
-
-
total
-
21 470
-
-
Dividends
-
53 030
-
-
withholding
-
13 788
-
-
total
-
13 788
-
-
Income
74 500
74 500
74 500
74 500
Total tax
42 248
35 258
38 892
35 345
After tax
32 252
39 242
35 608
39 155
Living cost
37 882
37 882
37 882
37 882
Free-cash
-5 630
1 360
-2 274
1 273

Estimated living cost  is ₽37882 per week

₽26610
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2606
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽572
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8093
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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