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
₽7178
₽18341
₽20568
₽24911
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
4 343
income

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

-
-
-
11 496
health

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

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

-
-
-
6 894
surtax

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

-
-
-
632
total
-
-
-
23 365
Employee

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

38 599
-
74 500
-
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.

6 894
-
6 894
-
surtax

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

59
-
632
-
income

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

1 078
-
11 496
-
total
8 031
-
19 022
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
35 901
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.

297
615
-
-
income
5 385
11 175
-
-
trade
5 653
11 734
-
-
chamber of commerce
205
260
-
-
total
11 540
23 784
-
-
Dividends
24 360
50 716
-
-
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
676
-
-
withholding
5 707
12 295
-
-
total
6 021
12 971
-
-
Income
74 500
74 500
74 500
74 500
Total tax
25 592
36 755
19 022
23 365
After tax
48 908
37 745
55 478
51 135
Living cost
30 567
30 567
30 567
30 567
Free-cash
18 341
7 178
24 911
20 568

Estimated living cost  is ₽30567 per week

₽19228
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3564
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽571
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7205
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Dresden model

Close
Reykjavik , Iceland
-₽4506
-₽11724
-₽5189
-₽4604
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
74 500
municipal
-
-
-
7 434
pensions
-
-
-
8 940
national
-
-
-
11 520
social contributions
-
-
-
801
total
-
-
-
28 695
Employee
79 050
-
64 405
-
municipal
9 764
-
7 723
-
pensions
3 162
-
2 576
-
national
15 130
-
11 967
-
total
28 056
-
22 266
-
Employer
79 050
-
64 405
-
social contributions
850
-
692
-
pensions
6 324
-
5 152
-
total
7 174
-
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
35 230
28 012
28 110
28 695
After tax
39 270
46 488
46 390
45 805
Living cost
50 994
50 994
50 994
50 994
Free-cash
-11 724
-4 506
-4 604
-5 189

Estimated living cost  is ₽50994 per week

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

Additional information

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

Source of data for Reykjavik model

Close
Riga , Latvia
₽38605
₽30327
₽39153
₽21299
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
microenterprise
-
-
-
11 175
income
-
-
-
-
surtax
-
-
-
-
social contributions

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

-
-
-
3 177
total
-
-
-
14 352
Employee
29 489
-
60 037
-
social contributions

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

3 244
-
6 603
-
surtax
-
-
-
-
income
5 249
-
11 140
-
total
8 493
-
17 743
-
Employer
29 489
-
60 037
-
social contributions

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

7 103
-
14 463
-
surtax
-
-
-
-
total
7 103
-
14 463
-
Corporate
37 908
74 500
-
-
income

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

7 582
14 900
-
-
total
7 582
14 900
-
-
Dividends

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

30 326
59 600
-
-
total
-
-
-
-
Income
74 500
74 500
74 500
74 500
Total tax
23 178
14 900
32 206
14 352
After tax
51 322
59 600
42 294
60 148
Living cost
20 995
20 995
20 995
20 995
Free-cash
30 327
38 605
21 299
39 153

Estimated living cost  is ₽20995 per week

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

Source of data for Riga model

Close
Rotterdam , Netherlands
-₽20047
-₽25712
₽159
-₽25712
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
74 500
income
-
-
-
9 656
pensions
-
-
-
11 824
health
-
-
-
10 585
total
-
-
-
32 065
Employee
86 180
86 180
86 180
-
health
13 228
11 251
13 228
-
income

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

14 106
14 106
14 106
-
pensions
15 512
11 824
15 512
-
total
42 846
37 181
42 846
-
Employer
86 180
86 180
86 180
-
unemployment
3 102
3 102
3 102
-
pensions
5 998
5 998
5 998
-
health
5 990
5 990
5 990
-
total
15 090
15 090
15 090
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
74 500
74 500
74 500
74 500
Total tax
57 936
52 271
57 936
32 065
After tax
16 564
22 229
16 564
42 435
Living cost
42 276
42 276
42 276
42 276
Free-cash
-25 712
-20 047
-25 712
159

Estimated living cost  is ₽42276 per week

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

Source of data for Rotterdam model

Close
Stockholm , Sweden
₽1685
₽810
-₽1854
₽792
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
74 500
municipal
-
-
-
15 780
accident
-
-
-
149
pensions
-
-
-
8 053
other
-
-
-
8 657
unemployment
-
-
-
74
health
-
-
-
4 649
national
-
-
-
-
total
-
-
-
37 362
Employee
55 560
-
56 688
-
municipal
16 568
-
16 905
-
national
-
-
-
-
total
16 568
-
16 905
-
Employer
55 560
-
56 688
-
accident
111
-
113
-
other
6 456
-
6 587
-
unemployment
1 467
-
1 497
-
pensions
6 006
-
6 128
-
health
3 417
-
3 486
-
total
17 457
-
17 811
-
Corporate
1 483
74 500
-
-
income
326
16 390
-
-
total
326
16 390
-
-
Dividends
1 157
58 110
-
-
withholding
347
17 433
-
-
total
347
17 433
-
-
Income
74 500
74 500
74 500
74 500
Total tax
34 698
33 823
34 716
37 362
After tax
39 802
40 677
39 784
37 138
Living cost
38 992
38 992
38 992
38 992
Free-cash
810
1 685
792
-1 854

Estimated living cost  is ₽38992 per week

₽25842
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3826
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽592
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8731
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Stockholm model

Close
Hamburg , Germany
-₽2284
₽11897
₽11296
₽15833
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
4 537
income

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

-
-
-
11 496
health

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

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

-
-
-
6 894
surtax

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

-
-
-
632
total
-
-
-
23 559
Employee

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

51 178
-
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.

6 894
-
6 894
-
surtax

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

241
-
632
-
income

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

4 397
-
11 496
-
total
11 532
-
19 022
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
23 322
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.

192
615
-
-
income
3 499
11 175
-
-
trade
3 836
12 255
-
-
chamber of commerce
186
259
-
-
total
7 713
24 304
-
-
Dividends
15 610
50 197
-
-
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.

193
668
-
-
withholding
3 520
12 167
-
-
total
3 713
12 835
-
-
Income
74 500
74 500
74 500
74 500
Total tax
22 958
37 139
19 022
23 559
After tax
51 542
37 361
55 478
50 941
Living cost
39 645
39 645
39 645
39 645
Free-cash
11 897
-2 284
15 833
11 296

Estimated living cost  is ₽39645 per week

₽26515
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4181
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽592
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8358
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽18945
₽17766
₽23150
₽20659
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
74 500
income
-
-
-
5 094
health
-
-
-
1 900
social contributions
-
-
-
11 623
total
-
-
-
18 617
Employee
77 601
77 601
77 601
-
social contributions
3 771
6 441
5 613
-
health
772
1 320
1 149
-
income
8 149
7 184
7 482
-
total
12 692
14 945
14 244
-
Employer
77 601
77 601
77 601
-
social contributions
3 771
6 441
5 613
-
health
841
1 436
1 251
-
total
4 612
7 877
6 864
-
Corporate
24 464
-
-
-
income
3 058
-
-
-
total
3 058
-
-
-
Dividends
21 406
-
-
-
withholding
3 639
-
-
-
total
3 639
-
-
-
Income
74 500
74 500
74 500
74 500
Total tax
24 001
22 822
21 108
18 617
After tax
50 499
51 678
53 392
55 883
Living cost
32 733
32 733
32 733
32 733
Free-cash
17 766
18 945
20 659
23 150

Estimated living cost  is ₽32733 per week

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

Source of data for Limassol model

Close
Budapest , Hungary
₽23731
₽24113
₽33273
₽24853
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
74 500
income
-
-
-
9 108
pensions
-
-
-
7 450
unemployment
-
-
-
1 118
health
-
-
-
5 215
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.

26 469
10 534
62 343
-
health
1 853
737
4 364
-
income
3 236
1 288
7 621
-
pensions
2 647
1 053
6 234
-
unemployment
397
158
935
-
total
8 133
3 236
19 154
-
Employer

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

The minimum wage is 138,000 HUF per month.

26 469
10 534
62 343
-
pensions
5 161
2 054
12 157
-
total
5 161
2 054
12 157
-
Corporate
42 870
61 912
-
-
income
3 858
5 572
-
-
total
3 858
5 572
-
-
Dividends
39 012
56 340
-
-
social contributions
7 487
10 866
-
-
withholding
7 412
10 705
-
-
total
14 899
21 571
-
-
Income
74 500
74 500
74 500
74 500
Total tax
32 051
32 433
31 311
22 891
After tax
42 449
42 067
43 189
51 609
Living cost
18 336
18 336
18 336
18 336
Free-cash
24 113
23 731
24 853
33 273

Estimated living cost  is ₽18336 per week

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

Source of data for Budapest model

Close
Tallinn , Estonia
₽35225
₽28955
₽15557
₽18566
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
74 500
income
-
-
-
9 983
pensions
-
-
-
14 900
health
-
-
-
9 685
total
-
-
-
34 568
Employee
28 629
-
55 678
-
income
3 223
-
10 734
-
pensions
573
-
1 113
-
unemployment
458
-
891
-
total
4 254
-
12 738
-
Employer
28 629
-
55 678
-
unemployment
230
-
446
-
pensions
5 726
-
11 136
-
health
3 721
-
7 239
-
total
9 677
-
18 821
-
Corporate
36 194
74 500
-
-
income
7 239
14 900
-
-
total
7 239
14 900
-
-
Dividends
28 955
59 600
-
-
total
-
-
-
-
Income
74 500
74 500
74 500
74 500
Total tax
21 170
14 900
31 559
34 568
After tax
53 330
59 600
42 941
39 932
Living cost
24 375
24 375
24 375
24 375
Free-cash
28 955
35 225
18 566
15 557

Estimated living cost  is ₽24375 per week

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

Source of data for Tallinn model

Close
Gdansk , Poland
-₽16038
₽2649
₽29225
₽15842
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
74 500
accident
-
-
-
253
income
-
-
-
16 216
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
23 203
Employee
34 721
-
61 887
-
health
3 975
-
7 086
-
income
4 763
-
9 918
-
pensions
3 910
-
6 969
-
total
12 648
-
23 973
-
Employer
34 721
-
61 887
-
accident
580
-
1 034
-
unemployment
851
-
1 516
-
pensions
5 646
-
10 063
-
total
7 077
-
12 613
-
Corporate
32 703
74 500
-
-
income

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

29 433
67 050
-
-
total
29 433
67 050
-
-
Dividends
3 270
7 450
-
-
withholding
621
1 416
-
-
total
621
1 416
-
-
Income
74 500
74 500
74 500
74 500
Total tax
49 779
68 466
36 586
23 203
After tax
24 721
6 034
37 914
51 297
Living cost
22 072
22 072
22 072
22 072
Free-cash
2 649
-16 038
15 842
29 225

Estimated living cost  is ₽22072 per week

₽16177
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1223
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽461
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4212
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Gdansk model

Close
Batumi , Georgia
₽61695
₽59992
₽64675
₽50520
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
11 349
-
74 500
-
income
2 270
-
14 900
-
total
2 270
-
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%.

63 151
74 500
-
-
total
-
-
-
-
Dividends
63 151
74 500
-
-
withholding
3 158
3 725
-
-
total
3 158
3 725
-
-
Income
74 500
74 500
74 500
74 500
Total tax
5 428
3 725
14 900
745
After tax
69 072
70 775
59 600
73 755
Living cost
9 080
9 080
9 080
9 080
Free-cash
59 992
61 695
50 520
64 675

Estimated living cost  is ₽9080 per week

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

Additional information

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

Source of data for Batumi model

Close
Bratislava , Slovakia
₽27845
₽21029
₽13449
₽16775
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
74 500
income
-
-
-
9 463
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
other
-
-
-
3 539
health
-
-
-
3 279
total
-
-
-
34 160
Employee
36 642
-
59 503
-
health
513
-
833
-
income
6 308
-
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.

2 564
-
4 165
-
unemployment
366
-
596
-
total
9 751
-
15 836
-
Employer
36 642
-
59 503
-
accident
293
-
477
-
other
1 833
-
2 976
-
unemployment
366
-
596
-
pensions

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

6 230
-
10 116
-
health
513
-
833
-
total
9 235
-
14 998
-
Corporate
28 623
74 500
-
-
income
6 012
15 645
-
-
total
6 012
15 645
-
-
Dividends
22 611
58 855
-
-
withholding
1 582
4 119
-
-
total
1 582
4 119
-
-
Income
74 500
74 500
74 500
74 500
Total tax
26 580
19 764
30 834
34 160
After tax
47 920
54 736
43 666
40 340
Living cost
26 891
26 891
26 891
26 891
Free-cash
21 029
27 845
16 775
13 449

Estimated living cost  is ₽26891 per week

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

Source of data for Bratislava model

Close
London , United Kingdom
-₽11906
-₽34456
-₽12136
-₽20205
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
13 896
pensions
-
-
-
5 014
total
-
-
-
18 910
Employee
95 822
-
66 041
-
health
1 579
-
968
-
income
17 273
-
11 880
-
pensions
9 244
-
5 671
-
total
28 096
-
18 519
-
Employer
95 822
-
66 041
-
pensions
11 314
-
7 204
-
health
1 820
-
1 256
-
total
13 134
-
8 460
-
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
-
4 525
-
-
total
-
4 525
-
-
Income
74 500
74 500
74 500
74 500
Total tax
41 230
18 680
26 979
18 910
After tax
33 270
55 820
47 521
55 590
Living cost
67 726
67 726
67 726
67 726
Free-cash
-34 456
-11 906
-20 205
-12 136

Estimated living cost  is ₽67726 per week

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

Additional information

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

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

Source of data for London model

Close
Varna , Bulgaria
₽50458
₽45769
₽40669
₽42475
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
74 500
income
-
-
-
11 175
pensions

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

-
-
-
5 220
unemployment
-
-
-
141
health
-
-
-
4 056
total
-
-
-
20 592
Employee
17 531
-
67 580
-
health
806
-
1 622
-
accident

We are using the highest rate at 1.1%.

193
-
388
-
income
1 753
-
6 758
-
pensions

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

1 539
-
3 097
-
total
4 291
-
11 865
-
Employer
17 531
-
67 580
-
accident

We are using the highest rate at 1.1%.

193
-
388
-
unemployment
105
-
212
-
pensions

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

1 932
-
3 887
-
health
1 210
-
2 434
-
total
3 440
-
6 921
-
Corporate
53 529
74 500
-
-
income
5 352
7 450
-
-
total
5 352
7 450
-
-
Dividends
48 177
67 050
-
-
withholding
2 409
3 353
-
-
total
2 409
3 353
-
-
Income
74 500
74 500
74 500
74 500
Total tax
15 492
10 803
18 786
20 592
After tax
59 008
63 697
55 714
53 908
Living cost
13 239
13 239
13 239
13 239
Free-cash
45 769
50 458
42 475
40 669

Estimated living cost  is ₽13239 per week

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

Source of data for Varna model

Close
Amsterdam , Netherlands
-₽33732
-₽35446
-₽13526
-₽39397
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
74 500
income
-
-
-
9 656
pensions
-
-
-
11 824
health
-
-
-
10 585
total
-
-
-
32 065
Employee
93 564
86 180
86 180
-
health
11 673
11 251
13 228
-
income

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

14 106
14 106
14 106
-
pensions
11 824
11 824
15 512
-
total
37 603
37 181
42 846
-
Employer
93 564
86 180
86 180
-
unemployment
3 369
3 102
3 102
-
pensions
6 511
5 998
5 998
-
health
6 502
5 990
5 990
-
total
16 382
15 090
15 090
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
74 500
74 500
74 500
74 500
Total tax
53 985
52 271
57 936
32 065
After tax
20 515
22 229
16 564
42 435
Living cost
55 961
55 961
55 961
55 961
Free-cash
-35 446
-33 732
-39 397
-13 526

Estimated living cost  is ₽55961 per week

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

Source of data for Amsterdam model

Close
Brno , Czech Republic
₽27122
₽18500
₽12115
₽13634
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
74 500
income
-
-
-
6 403
health
-
-
-
10 057
solidarity contribution
-
-
-
-
social contributions
-
-
-
21 754
total
-
-
-
38 214
Employee
35 546
-
55 597
-
social contributions
2 310
-
3 614
-
health
4 799
-
7 506
-
solidarity contribution
-
-
-
-
income
4 265
-
6 672
-
total
11 374
-
17 792
-
Employer
35 546
-
55 597
-
social contributions
8 886
-
13 899
-
health
3 199
-
5 004
-
total
12 085
-
18 903
-
Corporate
26 869
74 500
-
-
income
5 105
14 155
-
-
total
5 105
14 155
-
-
Dividends
21 764
60 345
-
-
withholding
3 265
9 052
-
-
total
3 265
9 052
-
-
Income
74 500
74 500
74 500
74 500
Total tax
31 829
23 207
36 695
38 214
After tax
42 671
51 293
37 805
36 286
Living cost
24 171
24 171
24 171
24 171
Free-cash
18 500
27 122
13 634
12 115

Estimated living cost  is ₽24171 per week

₽16789
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1720
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽475
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5187
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽2835
-₽15189
-₽2444
-₽6463
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
74 500
municipal
-
-
-
442
regional
-
-
-
775
national
-
-
-
13 982
social contributions
-
-
-
19 161
total
-
-
-
34 360
Employee
89 690
-
74 500
-
social contributions
30 243
-
25 121
-
regional
846
-
679
-
municipal
475
-
395
-
national
15 541
-
12 184
-
total
47 105
-
38 379
-
Employer
89 690
-
74 500
-
total
-
-
-
-
Corporate
-
74 500
-
-
nationa
-
17 879
-
-
municipal
-
2 905
-
-
total
-
20 784
-
-
Dividends
-
53 715
-
-
withholding
-
13 967
-
-
total
-
13 967
-
-
Income
74 500
74 500
74 500
74 500
Total tax
47 105
34 751
38 379
34 360
After tax
27 395
39 749
36 121
40 140
Living cost
42 584
42 584
42 584
42 584
Free-cash
-15 189
-2 835
-6 463
-2 444

Estimated living cost  is ₽42584 per week

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

Source of data for Milan model

Close
Thessaloniki , Greece
₽24593
₽21450
₽18449
₽16803
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
74 500
income
-
-
-
12 236
pensions
-
-
-
14 900
other
-
-
-
-
unemployment
-
-
-
230
health
-
-
-
5 290
surtax
-
-
-
1 126
total
-
-
-
33 782
Employee
33 373
-
61 544
-
other
-
-
-
-
health
852
-
1 570
-
surtax
109
-
1 002
-
income
5 594
-
11 512
-
pensions
2 225
-
4 104
-
unemployment
2 323
-
4 284
-
total
11 103
-
22 472
-
Employer
33 373
-
61 544
-
other
-
-
-
-
unemployment
1 057
-
1 952
-
pensions
4 449
-
8 204
-
health
1 519
-
2 800
-
total
7 025
-
12 956
-
Corporate
34 102
74 500
-
-
income
8 867
19 369
-
-
total
8 867
19 369
-
-
Dividends
25 235
55 131
-
-
withholding
3 786
8 269
-
-
total
3 786
8 269
-
-
Income
74 500
74 500
74 500
74 500
Total tax
30 781
27 638
35 428
33 782
After tax
43 719
46 862
39 072
40 718
Living cost
22 269
22 269
22 269
22 269
Free-cash
21 450
24 593
16 803
18 449

Estimated living cost  is ₽22269 per week

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

Source of data for Thessaloniki model

Close
Cambridge , United Kingdom
₽9551
₽1582
₽9321
₽1252
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
13 896
pensions
-
-
-
5 014
total
-
-
-
18 910
Employee
64 218
-
66 041
-
health
932
-
968
-
income
11 566
-
11 880
-
pensions
5 451
-
5 671
-
total
17 949
-
18 519
-
Employer
64 218
-
66 041
-
pensions
6 952
-
7 204
-
health
1 220
-
1 256
-
total
8 172
-
8 460
-
Corporate
2 111
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.

401
14 155
-
-
total
401
14 155
-
-
Dividends
1 709
60 345
-
-
withholding
127
4 525
-
-
total
127
4 525
-
-
Income
74 500
74 500
74 500
74 500
Total tax
26 649
18 680
26 979
18 910
After tax
47 851
55 820
47 521
55 590
Living cost
46 269
46 269
46 269
46 269
Free-cash
1 582
9 551
1 252
9 321

Estimated living cost  is ₽46269 per week

₽34664
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3468
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽484
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7652
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

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

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

Source of data for Cambridge model

Close
Zurich , Switzerland
-₽42207
-₽23264
-₽13487
-₽17318
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
city
-
-
-
784
pensions
-
-
-
6 853
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
regional
-
-
-
2 043
health
-
-
-
249
national
-
-
-
293
total
-
-
-
11 713
Employee
89 260
-
66 682
-
city
958
-
717
-
regional
2 923
-
1 744
-
health
202
-
151
-
pensions
7 499
-
5 601
-
unemployment
-
-
-
-
national
422
-
245
-
total
12 004
-
8 458
-
Employer
89 260
-
66 682
-
other

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

1 785
-
1 334
-
unemployment
-
-
-
-
pensions
7 499
-
5 601
-
health
202
-
151
-
total
9 486
-
7 086
-
Corporate
-
74 500
-
-
regional
-
15 756
-
-
national
-
6 333
-
-
total
-
22 089
-
-
Dividends
-
52 410
-
-
withholding
-
18 344
-
-
total
-
18 344
-
-
Income
74 500
74 500
74 500
74 500
Total tax
21 490
40 433
15 544
11 713
After tax
53 010
34 067
58 956
62 787
Living cost
76 274
76 274
76 274
76 274
Free-cash
-23 264
-42 207
-17 318
-13 487

Estimated living cost  is ₽76274 per week

₽49600
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6845
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽936
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18893
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽9256
₽7113
₽4517
₽9247
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
4 730
income

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

-
-
-
11 496
health

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

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

-
-
-
6 894
surtax

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

-
-
-
632
total
-
-
-
23 752
Employee

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

60 650
-
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.

6 894
-
6 894
-
surtax

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

393
-
632
-
income

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

7 132
-
11 496
-
total
14 419
-
19 022
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
13 850
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.

115
615
-
-
income
2 078
11 175
-
-
trade
2 375
12 778
-
-
chamber of commerce
172
259
-
-
total
4 740
24 827
-
-
Dividends
9 110
49 674
-
-
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.

103
663
-
-
withholding
1 894
12 035
-
-
total
1 997
12 698
-
-
Income
74 500
74 500
74 500
74 500
Total tax
21 156
37 525
19 022
23 752
After tax
53 344
36 975
55 478
50 748
Living cost
46 231
46 231
46 231
46 231
Free-cash
7 113
-9 256
9 247
4 517

Estimated living cost  is ₽46231 per week

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

Additional information

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

Source of data for Munich model

Close
Nice , France
₽3021
₽8982
₽9744
₽10016
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
74 500
income
-
-
-
4 160
pensions
-
-
-
20 992
other
-
-
-
2 310
health
-
-
-
645
surtax
-
-
-
-
social contributions
-
-
-
2 122
total
-
-
-
30 229
Employee
43 191
-
56 768
-
social contributions
1 231
-
1 618
-
surtax
-
-
-
-
income
2 549
-
4 190
-
pensions
4 884
-
6 421
-
total
8 664
-
12 229
-
Employer
43 191
-
56 768
-
other
1 490
-
1 959
-
social contributions
130
-
170
-
unemployment
1 748
-
2 300
-
pensions
7 095
-
9 325
-
health
3 024
-
3 974
-
total
13 487
-
17 728
-
Corporate
17 820
74 500
-
-
surtax
-
-
-
-
income
4 989
20 859
-
-
total
4 989
20 859
-
-
Dividends
12 832
53 641
-
-
surtax
-
-
-
-
social contributions
2 208
9 227
-
-
withholding
1 643
6 866
-
-
total
3 851
16 093
-
-
Income
74 500
74 500
74 500
74 500
Total tax
30 991
36 952
29 957
30 229
After tax
43 509
37 548
44 543
44 271
Living cost
34 527
34 527
34 527
34 527
Free-cash
8 982
3 021
10 016
9 744

Estimated living cost  is ₽34527 per week

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

Source of data for Nice model

Close
Marseille , France
₽6441
₽12049
₽13164
₽13436
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
74 500
income
-
-
-
4 160
pensions
-
-
-
20 992
other
-
-
-
2 310
health
-
-
-
645
surtax
-
-
-
-
social contributions
-
-
-
2 122
total
-
-
-
30 229
Employee
38 554
-
56 768
-
social contributions
1 099
-
1 618
-
surtax
-
-
-
-
income
1 988
-
4 190
-
pensions
4 361
-
6 421
-
total
7 448
-
12 229
-
Employer
38 554
-
56 768
-
other
1 331
-
1 959
-
social contributions
115
-
170
-
unemployment
1 561
-
2 300
-
pensions
6 335
-
9 325
-
health
2 698
-
3 974
-
total
12 040
-
17 728
-
Corporate
23 905
74 500
-
-
surtax
-
-
-
-
income
6 693
20 859
-
-
total
6 693
20 859
-
-
Dividends
17 212
53 641
-
-
surtax
-
-
-
-
social contributions
2 961
9 227
-
-
withholding
2 202
6 866
-
-
total
5 163
16 093
-
-
Income
74 500
74 500
74 500
74 500
Total tax
31 344
36 952
29 957
30 229
After tax
43 156
37 548
44 543
44 271
Living cost
31 107
31 107
31 107
31 107
Free-cash
12 049
6 441
13 436
13 164

Estimated living cost  is ₽31107 per week

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

Source of data for Marseille model

Close
Vilnius , Lithuania
₽24053
₽24574
₽26446
₽27944
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
74 500
income
-
-
-
11 175
health
-
-
-
5 200
social contributions
-
-
-
10 280
total
-
-
-
26 655
Employee
34 217
-
74 500
-
social contributions
4 723
-
10 280
-
health
2 388
-
5 200
-
income
5 707
-
9 677
-
total
12 818
-
25 157
-
Employer
34 217
-
74 500
-
total
-
-
-
-
Corporate
40 283
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%.

2 015
3 725
-
-
total
2 015
3 725
-
-
Dividends
38 268
70 775
-
-
health
2 672
4 941
-
-
social contributions
5 282
9 767
-
-
withholding
5 740
10 615
-
-
total
13 694
25 323
-
-
Income
74 500
74 500
74 500
74 500
Total tax
28 527
29 048
25 157
26 655
After tax
45 973
45 452
49 343
47 845
Living cost
21 399
21 399
21 399
21 399
Free-cash
24 574
24 053
27 944
26 446

Estimated living cost  is ₽21399 per week

₽14321
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1320
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽492
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5265
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Vilnius model

Close
Vienna , Austria
₽6646
₽5085
₽4393
-₽9601
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
chamber of commerce
-
-
-
299
income
-
-
-
8 377
pensions
-
-
-
13 783
unemployment
-
-
-
6 190
health
-
-
-
5 699
surtax
-
-
-
199
total
-
-
-
34 547
Employee
50 434
40 217
57 693
-
other
504
402
576
-
health
1 952
1 557
2 233
-
income
5 742
2 967
7 821
-
pensions
5 165
4 117
5 908
-
unemployment
1 513
1 207
1 731
-
total
14 876
10 250
18 269
-
Employer
50 434
40 217
57 693
-
accident
655
523
751
-
other
2 396
1 909
2 741
-
chamber of commerce
201
161
232
-
unemployment
1 513
1 207
1 731
-
surtax
199
199
199
-
pensions
6 329
5 048
7 241
-
payroll
1 513
1 207
1 731
-
health
1 906
1 521
2 181
-
total
14 712
11 775
16 807
-
Corporate
9 354
22 509
53 863
-
income

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

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

2 338
5 627
13 465
-
total
2 338
5 627
13 465
-
Dividends
7 015
16 882
-
-
withholding
1 929
4 642
-
-
total
1 929
4 642
-
-
Income
74 500
74 500
74 500
74 500
Total tax
33 855
32 294
48 541
34 547
After tax
40 645
42 206
25 959
39 953
Living cost
35 560
35 560
35 560
35 560
Free-cash
5 085
6 646
-9 601
4 393

Estimated living cost  is ₽35560 per week

₽23717
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3034
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽584
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8225
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Vienna model

Close
Brussels , Belgium
₽5081
-₽18699
₽759
-₽6173
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
national
-
-
-
22 890
communal

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

-
-
-
3 859
social contributions
-
-
-
10 196
total
-
-
-
36 945
Employee

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

72 187
-
57 704
-
communal

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

3 765
-
3 011
-
health

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

3 392
-
2 714
-
pensions

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

5 414
-
4 328
-
unemployment

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

628
-
502
-
national
22 193
-
16 526
-
total
35 392
-
27 081
-
Employer

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

72 187
-
57 704
-
accident

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

938
-
749
-
unemployment

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

1 053
-
843
-
surtax
8 185
-
6 542
-
pensions

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

6 396
-
5 113
-
health

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

4 439
-
3 549
-
total
21 011
-
16 796
-
Corporate
-
74 500
-
-
surtax
-
299
-
-
income
-
14 900
-
-
total
-
15 199
-
-
Dividends
-
59 302
-
-
withholding

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

-
17 424
-
-
total
-
17 424
-
-
Income
74 500
74 500
74 500
74 500
Total tax
56 403
32 623
43 877
36 945
After tax
18 097
41 877
30 623
37 555
Living cost
36 796
36 796
36 796
36 796
Free-cash
-18 699
5 081
-6 173
759

Estimated living cost  is ₽36796 per week

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

Source of data for Brussels model

Close
Barcelona , Spain
₽13810
₽5682
₽3574
₽4103
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
74 500
accident
-
-
-
670
income
-
-
-
12 131
pensions
-
-
-
21 083
other
-
-
-
75
unemployment
-
-
-
521
total
-
-
-
34 480
Employee
50 235
-
56 490
-
other
50
-
56
-
income
10 599
-
12 359
-
pensions
2 361
-
2 654
-
unemployment
779
-
875
-
total
13 789
-
15 944
-
Employer
50 235
-
56 490
-
accident
994
-
1 118
-
other
400
-
452
-
unemployment
2 764
-
3 106
-
pensions
11 855
-
13 331
-
total
16 013
-
18 007
-
Corporate
8 253
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.

1 237
11 175
-
-
total
1 237
11 175
-
-
Dividends
7 016
63 325
-
-
withholding
1 333
13 069
-
-
total
1 333
13 069
-
-
Income
74 500
74 500
74 500
74 500
Total tax
32 372
24 244
33 951
34 480
After tax
42 128
50 256
40 549
40 020
Living cost
36 446
36 446
36 446
36 446
Free-cash
5 682
13 810
4 103
3 574

Estimated living cost  is ₽36446 per week

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

Source of data for Barcelona model

Close
Luxembourg , Luxembourg
-₽8580
-₽11055
-₽7213
-₽5839
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
74 500
accident
-
-
-
670
income
-
-
-
4 749
pensions
-
-
-
11 920
health
-
-
-
5 588
surtax
-
-
-
3 943
communal
-
-
-
-
total
-
-
-
26 870
Employee
76 425
-
66 547
-
health
3 401
-
2 961
-
surtax
4 684
-
4 079
-
income
7 382
-
5 179
-
pensions
6 113
-
5 324
-
total
21 580
-
17 543
-
Employer
76 425
-
66 547
-
accident
688
-
599
-
pensions
6 113
-
5 324
-
health
2 331
-
2 030
-
total
9 132
-
7 953
-
Corporate
-
74 500
-
-
surtax
-
781
-
-
communal
-
5 029
-
-
income
-
11 175
-
-
total
-
16 985
-
-
Dividends
-
57 515
-
-
income
-
2 624
-
-
withholding
-
8 628
-
-
total
-
11 252
-
-
Income
74 500
74 500
74 500
74 500
Total tax
30 712
28 237
25 496
26 870
After tax
43 788
46 263
49 004
47 630
Living cost
54 843
54 843
54 843
54 843
Free-cash
-11 055
-8 580
-5 839
-7 213

Estimated living cost  is ₽54843 per week

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

Source of data for Luxembourg model

Close
Athens , Greece
₽24195
₽20983
₽18051
₽16405
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
74 500
income
-
-
-
12 236
pensions
-
-
-
14 900
other
-
-
-
-
unemployment
-
-
-
230
health
-
-
-
5 290
surtax
-
-
-
1 126
total
-
-
-
33 782
Employee
33 986
-
61 544
-
other
-
-
-
-
health
868
-
1 570
-
surtax
121
-
1 002
-
income
5 697
-
11 512
-
pensions
2 267
-
4 104
-
unemployment
2 365
-
4 284
-
total
11 318
-
22 472
-
Employer
33 986
-
61 544
-
other
-
-
-
-
unemployment
1 078
-
1 952
-
pensions
4 531
-
8 204
-
health
1 545
-
2 800
-
total
7 154
-
12 956
-
Corporate
33 359
74 500
-
-
income
8 674
19 369
-
-
total
8 674
19 369
-
-
Dividends
24 686
55 131
-
-
withholding
3 704
8 269
-
-
total
3 704
8 269
-
-
Income
74 500
74 500
74 500
74 500
Total tax
30 850
27 638
35 428
33 782
After tax
43 650
46 862
39 072
40 718
Living cost
22 667
22 667
22 667
22 667
Free-cash
20 983
24 195
16 405
18 051

Estimated living cost  is ₽22667 per week

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

Source of data for Athens model

Close
Naples , Italy
₽11976
₽9732
₽12607
₽8612
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
74 500
municipal
-
-
-
442
regional
-
-
-
1 123
national
-
-
-
13 982
social contributions
-
-
-
19 161
total
-
-
-
34 708
Employee
55 981
-
74 500
-
social contributions
18 877
-
25 121
-
regional
754
-
1 003
-
municipal
297
-
395
-
national
8 869
-
12 184
-
total
28 797
-
38 703
-
Employer
55 981
-
74 500
-
total
-
-
-
-
Corporate
18 519
74 500
-
-
nationa
4 445
17 879
-
-
municipal
921
3 702
-
-
total
5 366
21 581
-
-
Dividends
13 153
52 919
-
-
withholding
3 420
13 758
-
-
total
3 420
13 758
-
-
Income
74 500
74 500
74 500
74 500
Total tax
37 583
35 339
38 703
34 708
After tax
36 917
39 161
35 797
39 792
Living cost
27 185
27 185
27 185
27 185
Free-cash
9 732
11 976
8 612
12 607

Estimated living cost  is ₽27185 per week

₽16907
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2754
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽465
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7059
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Naples model

Close
Prague , Czech Republic
₽21508
₽10884
₽6501
₽8020
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
74 500
income
-
-
-
6 403
health
-
-
-
10 057
solidarity contribution
-
-
-
-
social contributions
-
-
-
21 754
total
-
-
-
38 214
Employee
43 801
-
55 597
-
social contributions
2 847
-
3 614
-
health
5 913
-
7 506
-
solidarity contribution
-
-
-
-
income
5 256
-
6 672
-
total
14 016
-
17 792
-
Employer
43 801
-
55 597
-
social contributions
10 950
-
13 899
-
health
3 942
-
5 004
-
total
14 892
-
18 903
-
Corporate
15 806
74 500
-
-
income
3 003
14 155
-
-
total
3 003
14 155
-
-
Dividends
12 803
60 345
-
-
withholding
1 920
9 052
-
-
total
1 920
9 052
-
-
Income
74 500
74 500
74 500
74 500
Total tax
33 831
23 207
36 695
38 214
After tax
40 669
51 293
37 805
36 286
Living cost
29 785
29 785
29 785
29 785
Free-cash
10 884
21 508
8 020
6 501

Estimated living cost  is ₽29785 per week

₽22150
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1650
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽515
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5470
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽10117
₽9621
₽7955
-₽6194
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
chamber of commerce
-
-
-
299
income
-
-
-
8 377
pensions
-
-
-
13 783
unemployment
-
-
-
6 190
health
-
-
-
5 699
surtax
-
-
-
-
total
-
-
-
34 348
Employee
44 114
40 217
57 850
-
other
440
402
578
-
health
1 706
1 557
2 239
-
income
3 930
2 967
7 867
-
pensions
4 518
4 117
5 923
-
unemployment
1 323
1 207
1 735
-
total
11 917
10 250
18 342
-
Employer
44 114
40 217
57 850
-
accident
573
523
753
-
other
2 095
1 909
2 748
-
chamber of commerce
176
161
232
-
unemployment
1 323
1 207
1 735
-
surtax
-
-
-
-
pensions
5 537
5 048
7 260
-
payroll
1 323
1 207
1 735
-
health
1 668
1 521
2 187
-
total
12 695
11 576
16 650
-
Corporate
17 690
22 708
54 020
-
income

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

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

4 422
5 676
13 505
-
total
4 422
5 676
13 505
-
Dividends
13 268
17 031
-
-
withholding
3 648
4 684
-
-
total
3 648
4 684
-
-
Income
74 500
74 500
74 500
74 500
Total tax
32 682
32 186
48 497
34 348
After tax
41 818
42 314
26 003
40 152
Living cost
32 197
32 197
32 197
32 197
Free-cash
9 621
10 117
-6 194
7 955

Estimated living cost  is ₽32197 per week

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

Additional information

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

Source of data for Graz model

Close
Tbilisi , Georgia
₽56626
₽53973
₽59606
₽45451
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
17 686
-
74 500
-
income
3 537
-
14 900
-
total
3 537
-
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%.

56 814
74 500
-
-
total
-
-
-
-
Dividends
56 814
74 500
-
-
withholding
2 841
3 725
-
-
total
2 841
3 725
-
-
Income
74 500
74 500
74 500
74 500
Total tax
6 378
3 725
14 900
745
After tax
68 122
70 775
59 600
73 755
Living cost
14 149
14 149
14 149
14 149
Free-cash
53 973
56 626
45 451
59 606

Estimated living cost  is ₽14149 per week

₽9575
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽594
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽474
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3505
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Tbilisi model

Close
Ljubljana , Slovenia
₽24223
₽15784
₽12634
₽10499
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

A sole-trader pays social contribution from 75% of the assessed income made in the last year.

The minimum monthly assessed income used to calculate contributions is 60% of the insured's average monthly wage in the last year.

The maximum assessed income used to calculate contributions is 3.5 times the insured's average monthly wage in the last year.

-
-
-
74 500
income
-
-
-
13 750
pensions
-
-
-
13 605
unemployment
-
-
-
111
health
-
-
-
7 331
total
-
-
-
34 797
Employee

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

44 626
-
64 463
-
health
2 882
-
4 165
-
income
7 696
-
12 649
-
pensions
6 917
-
9 991
-
unemployment
63
-
90
-
total
17 558
-
26 895
-
Employer

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

44 626
-
64 463
-
unemployment
27
-
38
-
pensions
3 949
-
5 705
-
health
2 972
-
4 294
-
total
6 948
-
10 037
-
Corporate
22 926
74 500
-
-
income
4 355
14 155
-
-
total
4 355
14 155
-
-
Dividends
18 571
60 345
-
-
withholding
2 786
9 053
-
-
total
2 786
9 053
-
-
Income
74 500
74 500
74 500
74 500
Total tax
31 647
23 208
36 932
34 797
After tax
42 853
51 292
37 568
39 703
Living cost
27 069
27 069
27 069
27 069
Free-cash
15 784
24 223
10 499
12 634

Estimated living cost  is ₽27069 per week

₽18577
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1735
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6234
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Ljubljana model

Close
Oslo , Norway
₽1742
-₽76109
₽7901
₽17628
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
74 500
income
-
-
-
14 522
social contributions
-
-
-
8 493
total
-
-
-
23 015
Employee
62 493
-
-
-
social contributions
5 124
-
730
-
income
13 785
-
-
-
total
18 909
-
730
-
Employer
62 493
-
-
-
social contributions
88 116
-
12 558
-
total
88 116
-
12 558
-
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
107 025
29 174
13 288
23 015
After tax
-32 525
45 326
61 212
51 485
Living cost
43 584
43 584
43 584
43 584
Free-cash
-76 109
1 742
17 628
7 901

Estimated living cost  is ₽43584 per week

₽28279
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4099
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽555
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10650
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽10720
₽9704
₽10691
₽7861
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

Based on articles 30.º, 31.º and 151.º of CIRS, sole-trader can use 75% of income as a tax base when earnings are below €200,000 per annum.

-
-
-
74 500
income
-
-
-
6 265
surtax
-
-
-
-
social contributions

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

-
-
-
25 889
total
-
-
-
32 154
Employee
46 415
-
60 202
-
social contributions
5 106
-
6 622
-
surtax
-
-
-
-
income
9 654
-
14 064
-
total
14 760
-
20 686
-
Employer
46 415
-
60 202
-
social contributions
11 023
-
14 298
-
total
11 023
-
14 298
-
Corporate
17 062
74 500
-
-
surtax
-
-
-
-
income
3 583
15 645
-
-
total
3 583
15 645
-
-
Dividends
13 479
58 855
-
-
withholding
3 775
16 480
-
-
total
3 775
16 480
-
-
Income
74 500
74 500
74 500
74 500
Total tax
33 141
32 125
34 984
32 154
After tax
41 359
42 375
39 516
42 346
Living cost
31 655
31 655
31 655
31 655
Free-cash
9 704
10 720
7 861
10 691

Estimated living cost  is ₽31655 per week

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

Source of data for Lisbon model

Close
Paris , France
-₽11194
-₽8448
-₽4471
-₽4199
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
74 500
income
-
-
-
4 160
pensions
-
-
-
20 992
other
-
-
-
2 310
health
-
-
-
645
surtax
-
-
-
-
social contributions
-
-
-
2 122
total
-
-
-
30 229
Employee
63 207
-
56 768
-
social contributions
1 800
-
1 618
-
surtax
-
-
-
-
income
5 515
-
4 190
-
pensions
7 149
-
6 421
-
total
14 464
-
12 229
-
Employer
63 207
-
56 768
-
other
2 181
-
1 959
-
social contributions
190
-
170
-
unemployment
2 561
-
2 300
-
pensions
10 386
-
9 325
-
health
4 424
-
3 974
-
total
19 742
-
17 728
-
Corporate
-
74 500
-
-
surtax
-
-
-
-
income
-
20 859
-
-
total
-
20 859
-
-
Dividends
-
53 641
-
-
surtax
-
-
-
-
social contributions
-
9 227
-
-
withholding
-
6 866
-
-
total
-
16 093
-
-
Income
74 500
74 500
74 500
74 500
Total tax
34 206
36 952
29 957
30 229
After tax
40 294
37 548
44 543
44 271
Living cost
48 742
48 742
48 742
48 742
Free-cash
-8 448
-11 194
-4 199
-4 471

Estimated living cost  is ₽48742 per week

₽32988
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3987
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽668
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11098
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Paris model

Close
Andorra , Andorra
₽36714
₽33324
₽27167
₽29255
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
607
social contributions
-
-
-
16 390
total
-
-
-
16 997
Employee
32 444
-
64 501
-
income
-
-
718
-
social contributions
2 109
-
4 192
-
total
2 109
-
4 910
-
Employer
32 444
-
64 501
-
social contributions
5 029
-
9 999
-
total
5 029
-
9 999
-
Corporate
37 027
74 500
-
-
income
3 702
7 450
-
-
total
3 702
7 450
-
-
Dividends
33 325
67 050
-
-
total
-
-
-
-
Income
74 500
74 500
74 500
74 500
Total tax
10 840
7 450
14 909
16 997
After tax
63 660
67 050
59 591
57 503
Living cost
30 336
30 336
30 336
30 336
Free-cash
33 324
36 714
29 255
27 167

Estimated living cost  is ₽30336 per week

₽19615
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2287
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽571
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7863
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Andorra model

Close
Copenhagen , Denmark
-₽145473
-₽145473
-₽1327
-₽145473
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
74 500
municipal
-
-
-
12 941
pensions
-
-
-
875
national
-
-
-
7 498
labour market
-
-
-
5 890
total
-
-
-
27 204
Employee
205 227
205 227
205 227
-
labour market
16 395
16 395
16 395
-
national
25 072
25 072
25 072
-
municipal
43 702
43 702
43 702
-
pensions
292
292
292
-
total
85 461
85 461
85 461
-
Employer
205 227
205 227
205 227
-
labour market
16 418
16 418
16 418
-
municipal
43 772
43 772
43 772
-
pensions
583
583
583
-
national
25 116
25 116
25 116
-
total
85 889
85 889
85 889
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
74 500
74 500
74 500
74 500
Total tax
171 350
171 350
171 350
27 204
After tax
-96 850
-96 850
-96 850
47 296
Living cost
48 623
48 623
48 623
48 623
Free-cash
-145 473
-145 473
-145 473
-1 327

Estimated living cost  is ₽48623 per week

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

Source of data for Copenhagen model

Close
Krakow , Poland
-₽15712
₽2700
₽29551
₽16168
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
74 500
accident
-
-
-
253
income
-
-
-
16 216
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
23 203
Employee
34 209
-
61 887
-
health
3 917
-
7 086
-
income
4 693
-
9 918
-
pensions
3 852
-
6 969
-
total
12 462
-
23 973
-
Employer
34 209
-
61 887
-
accident
571
-
1 034
-
unemployment
838
-
1 516
-
pensions
5 562
-
10 063
-
total
6 971
-
12 613
-
Corporate
33 320
74 500
-
-
income

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

29 988
67 050
-
-
total
29 988
67 050
-
-
Dividends
3 332
7 450
-
-
withholding
633
1 416
-
-
total
633
1 416
-
-
Income
74 500
74 500
74 500
74 500
Total tax
50 054
68 466
36 586
23 203
After tax
24 446
6 034
37 914
51 297
Living cost
21 746
21 746
21 746
21 746
Free-cash
2 700
-15 712
16 168
29 551

Estimated living cost  is ₽21746 per week

₽15829
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1240
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽408
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4269
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Krakow model

Close
Helsinki , Finland
₽12151
₽7879
₽16734
₽5847
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
13 279
health
-
-
-
726
national
-
-
-
5 016
total
-
-
-
19 021
Employee
53 095
-
62 672
-
health
396
-
544
-
municipal
8 697
-
10 252
-
pensions
3 583
-
4 230
-
unemployment
797
-
940
-
national
877
-
2 114
-
total
14 350
-
18 080
-
Employer
53 095
-
62 672
-
accident
54
-
63
-
unemployment
345
-
408
-
pensions
9 212
-
10 874
-
health
408
-
483
-
total
10 019
-
11 828
-
Corporate
11 387
74 500
-
-
income
2 277
14 900
-
-
total
2 277
14 900
-
-
Dividends

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

6 832
44 700
-
-
national
-
659
-
-
municipal
1 230
8 045
-
-
total
1 230
8 704
-
-
Income
74 500
74 500
74 500
74 500
Total tax
27 876
23 604
29 908
19 021
After tax
46 624
50 896
44 592
55 479
Living cost
38 745
38 745
38 745
38 745
Free-cash
7 879
12 151
5 847
16 734

Estimated living cost  is ₽38745 per week

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

Additional information

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

Source of data for Helsinki model

Close
Larnaca , Cyprus
₽28313
₽25829
₽32518
₽30027
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
74 500
income
-
-
-
5 094
health
-
-
-
1 900
social contributions
-
-
-
11 623
total
-
-
-
18 617
Employee
77 601
77 601
77 601
-
social contributions
2 934
6 441
5 613
-
health
601
1 320
1 149
-
income
8 449
7 184
7 482
-
total
11 984
14 945
14 244
-
Employer
77 601
77 601
77 601
-
social contributions
2 934
6 441
5 613
-
health
653
1 436
1 251
-
total
3 587
7 877
6 864
-
Corporate
35 563
-
-
-
income
4 445
-
-
-
total
4 445
-
-
-
Dividends
31 118
-
-
-
withholding
5 290
-
-
-
total
5 290
-
-
-
Income
74 500
74 500
74 500
74 500
Total tax
25 306
22 822
21 108
18 617
After tax
49 194
51 678
53 392
55 883
Living cost
23 365
23 365
23 365
23 365
Free-cash
25 829
28 313
30 027
32 518

Estimated living cost  is ₽23365 per week

₽14003
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2292
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽517
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6554
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽45670
₽40537
₽41649
₽30020
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

By law (Article 9 §1 (7); Article 10 §1 (7); Article 11 §1 (5)) a social contribution base is set as:

  • up to €9,000.00, 60% of the average monthly wage in Montenegro
  • up to €15,000.00, 100% of the average monthly wage in Montenegro
  • in excess of €15,000, 150% of the average monthly wage in Montenegro
-
-
-
74 500
income
-
-
-
6 728
pensions
-
-
-
6 419
unemployment
-
-
-
29
health
-
-
-
3 652
total
-
-
-
16 828
Employee

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

23 164
-
67 542
-
health
1 969
-
5 742
-
income
1 584
-
5 290
-
pensions
3 474
-
10 131
-
unemployment
115
-
337
-
total
7 142
-
21 500
-
Employer

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

23 164
-
67 542
-
unemployment
115
-
337
-
pensions
1 274
-
3 715
-
health
996
-
2 905
-
total
2 385
-
6 957
-
Corporate
48 951
74 500
-
-
income
4 405
6 705
-
-
total
4 405
6 705
-
-
Dividends
44 547
67 795
-
-
withholding
4 008
6 102
-
-
total
4 008
6 102
-
-
Income
74 500
74 500
74 500
74 500
Total tax
17 940
12 807
28 457
16 828
After tax
56 560
61 693
46 043
57 672
Living cost
16 023
16 023
16 023
16 023
Free-cash
40 537
45 670
30 020
41 649

Estimated living cost  is ₽16023 per week

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

Source of data for Podgorica model

Close
Valencia , Spain
₽22505
₽17212
₽12269
₽12798
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
74 500
accident
-
-
-
670
income
-
-
-
12 131
pensions
-
-
-
21 083
other
-
-
-
75
unemployment
-
-
-
521
total
-
-
-
34 480
Employee
37 315
-
56 490
-
other
36
-
56
-
income
7 194
-
12 359
-
pensions
1 754
-
2 654
-
unemployment
578
-
875
-
total
9 562
-
15 944
-
Employer
37 315
-
56 490
-
accident
739
-
1 118
-
other
299
-
452
-
unemployment
2 053
-
3 106
-
pensions
8 806
-
13 331
-
total
11 897
-
18 007
-
Corporate
25 288
74 500
-
-
income

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

3 794
11 175
-
-
total
3 794
11 175
-
-
Dividends
21 494
63 325
-
-
withholding
4 284
13 069
-
-
total
4 284
13 069
-
-
Income
74 500
74 500
74 500
74 500
Total tax
29 537
24 244
33 951
34 480
After tax
44 963
50 256
40 549
40 020
Living cost
27 751
27 751
27 751
27 751
Free-cash
17 212
22 505
12 798
12 269

Estimated living cost  is ₽27751 per week

₽18732
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2668
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5866
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Valencia model

Close
Istanbul , Turkey
₽43732
₽43278
₽44051
₽43853
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
74 500
income
-
-
-
24 226
pensions
-
-
-
2 010
health
-
-
-
1 457
total
-
-
-
27 693
Employee
4 198
-
72 238
-
health
210
-
503
-
income
812
-
24 120
-
pensions
378
-
905
-
unemployment
42
-
101
-
total
1 442
-
25 629
-
Employer
4 198
-
72 238
-
unemployment
84
-
201
-
pensions
462
-
1 106
-
health
399
-
955
-
total
945
-
2 262
-
Corporate
69 358
74 500
-
-
income
15 259
16 390
-
-
total
15 259
16 390
-
-
Dividends
54 099
58 110
-
-
withholding
10 820
11 622
-
-
total
10 820
11 622
-
-
Income
74 500
74 500
74 500
74 500
Total tax
28 466
28 012
27 891
27 693
After tax
46 034
46 488
46 609
46 807
Living cost
2 756
2 756
2 756
2 756
Free-cash
43 278
43 732
43 853
44 051

Estimated living cost  is ₽2756 per week

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

Source of data for Istanbul model

Close
Belgrade , Serbia
₽36373
₽31409
₽18785
₽21565
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

-
-
-
74 500
income
-
-
-
10 101
pensions
-
-
-
19 370
unemployment
-
-
-
1 117
health
-
-
-
7 674
total
-
-
-
38 262
Employee

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

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

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

26 319
-
63 189
-
health
1 355
-
3 254
-
income
3 628
-
11 597
-
pensions
3 685
-
8 846
-
unemployment
197
-
474
-
total
8 865
-
24 171
-
Employer

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

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

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

26 319
-
63 189
-
unemployment
197
-
474
-
pensions
3 158
-
7 583
-
health
1 355
-
3 254
-
total
4 710
-
11 311
-
Corporate
43 470
74 500
-
-
income
6 521
11 175
-
-
total
6 521
11 175
-
-
Dividends
36 950
63 325
-
-
withholding
5 542
9 499
-
-
total
5 542
9 499
-
-
Income
74 500
74 500
74 500
74 500
Total tax
25 638
20 674
35 482
38 262
After tax
48 862
53 826
39 018
36 238
Living cost
17 453
17 453
17 453
17 453
Free-cash
31 409
36 373
21 565
18 785

Estimated living cost  is ₽17453 per week

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

Source of data for Belgrade model

Close
Porto , Portugal
₽15168
₽14804
₽15139
₽12309
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

Based on articles 30.º, 31.º and 151.º of CIRS, sole-trader can use 75% of income as a tax base when earnings are below €200,000 per annum.

-
-
-
74 500
income
-
-
-
6 265
surtax
-
-
-
-
social contributions

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

-
-
-
25 889
total
-
-
-
32 154
Employee
39 169
-
60 202
-
social contributions
4 309
-
6 622
-
surtax
-
-
-
-
income
7 653
-
14 064
-
total
11 962
-
20 686
-
Employer
39 169
-
60 202
-
social contributions
9 302
-
14 298
-
total
9 302
-
14 298
-
Corporate
26 030
74 500
-
-
surtax
-
-
-
-
income
5 466
15 645
-
-
total
5 466
15 645
-
-
Dividends
20 564
58 855
-
-
withholding
5 759
16 480
-
-
total
5 759
16 480
-
-
Income
74 500
74 500
74 500
74 500
Total tax
32 489
32 125
34 984
32 154
After tax
42 011
42 375
39 516
42 346
Living cost
27 207
27 207
27 207
27 207
Free-cash
14 804
15 168
12 309
15 139

Estimated living cost  is ₽27207 per week

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

Source of data for Porto model

Close
Madrid , Spain
₽14789
₽7036
₽4553
₽5082
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
74 500
accident
-
-
-
670
income
-
-
-
12 131
pensions
-
-
-
21 083
other
-
-
-
75
unemployment
-
-
-
521
total
-
-
-
34 480
Employee
48 739
-
56 490
-
other
48
-
56
-
income
10 180
-
12 359
-
pensions
2 290
-
2 654
-
unemployment
755
-
875
-
total
13 273
-
15 944
-
Employer
48 739
-
56 490
-
accident
965
-
1 118
-
other
391
-
452
-
unemployment
2 681
-
3 106
-
pensions
11 502
-
13 331
-
total
15 539
-
18 007
-
Corporate
10 222
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.

1 534
11 175
-
-
total
1 534
11 175
-
-
Dividends
8 688
63 325
-
-
withholding
1 651
13 069
-
-
total
1 651
13 069
-
-
Income
74 500
74 500
74 500
74 500
Total tax
31 997
24 244
33 951
34 480
After tax
42 503
50 256
40 549
40 020
Living cost
35 467
35 467
35 467
35 467
Free-cash
7 036
14 789
5 082
4 553

Estimated living cost  is ₽35467 per week

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

Source of data for Madrid model

Close
Sofia , Bulgaria
₽46326
₽40173
₽36537
₽38343
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
74 500
income
-
-
-
11 175
pensions

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

-
-
-
5 220
unemployment
-
-
-
141
health
-
-
-
4 056
total
-
-
-
20 592
Employee
23 001
-
67 580
-
health
1 058
-
1 622
-
accident

We are using the highest rate at 1.1%.

253
-
388
-
income
2 300
-
6 758
-
pensions

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

2 019
-
3 097
-
total
5 630
-
11 865
-
Employer
23 001
-
67 580
-
accident

We are using the highest rate at 1.1%.

253
-
388
-
unemployment
138
-
212
-
pensions

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

2 535
-
3 887
-
health
1 587
-
2 434
-
total
4 513
-
6 921
-
Corporate
46 986
74 500
-
-
income
4 699
7 450
-
-
total
4 699
7 450
-
-
Dividends
42 287
67 050
-
-
withholding
2 114
3 353
-
-
total
2 114
3 353
-
-
Income
74 500
74 500
74 500
74 500
Total tax
16 956
10 803
18 786
20 592
After tax
57 544
63 697
55 714
53 908
Living cost
17 371
17 371
17 371
17 371
Free-cash
40 173
46 326
38 343
36 537

Estimated living cost  is ₽17371 per week

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

Source of data for Sofia model

Close
Berlin , Germany
-₽450
₽12749
₽12557
₽16516
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
3 959
income

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

-
-
-
11 496
health

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

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

-
-
-
6 894
surtax

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

-
-
-
632
total
-
-
-
22 981
Employee

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

50 213
-
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.

6 894
-
6 894
-
surtax

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

228
-
632
-
income

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

4 129
-
11 496
-
total
11 251
-
19 022
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
24 287
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.

201
615
-
-
income
3 643
11 175
-
-
trade
3 486
10 690
-
-
chamber of commerce
190
262
-
-
total
7 520
22 742
-
-
Dividends
16 768
51 758
-
-
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.

209
691
-
-
withholding
3 809
12 555
-
-
total
4 018
13 246
-
-
Income
74 500
74 500
74 500
74 500
Total tax
22 789
35 988
19 022
22 981
After tax
51 711
38 512
55 478
51 519
Living cost
38 962
38 962
38 962
38 962
Free-cash
12 749
-450
16 516
12 557

Estimated living cost  is ₽38962 per week

₽26877
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4192
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽565
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7327
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Berlin model

Close
Dublin , Ireland
-₽5338
-₽4441
-₽2176
-₽2176
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
13 119
social contributions
-
-
-
6 070
total
-
-
-
19 189
Employee
78 941
-
74 500
-
income
14 896
-
13 119
-
social contributions
6 558
-
6 070
-
total
21 454
-
19 189
-
Employer
78 941
-
74 500
-
total
-
-
-
-
Corporate
-
74 500
-
-
income
-
9 313
-
-
total
-
9 313
-
-
Dividends
-
65 187
-
-
withholding
-
13 038
-
-
total
-
13 038
-
-
Income
74 500
74 500
74 500
74 500
Total tax
21 454
22 351
19 189
19 189
After tax
53 046
52 149
55 311
55 311
Living cost
57 487
57 487
57 487
57 487
Free-cash
-4 441
-5 338
-2 176
-2 176

Estimated living cost  is ₽57487 per week

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

Additional information

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

Source of data for Dublin model

Close
Sliema , Malta
₽6460
₽12307
₽2398
₽17670
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We use The Residence Programme or The Global Residence Programme.

-
-
-
74 500
income
-
-
-
28 727
health

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

-
-
-
6 741
total
-
-
-
35 468
Employee
46 295
-
69 858
-
income
5 023
-
10 912
-
social contributions
4 638
-
4 642
-
total
9 661
-
15 554
-
Employer
46 295
-
69 858
-
social contributions
4 638
-
4 642
-
total
4 638
-
4 642
-
Corporate
23 566
74 500
-
-
income
8 248
26 074
-
-
total
8 248
26 074
-
-
Dividends
15 318
48 426
-
-
social contributions
3 012
5 332
-
-
total
3 012
5 332
-
-
Income
74 500
74 500
74 500
74 500
Total tax
25 559
31 406
20 196
35 468
After tax
48 941
43 094
54 304
39 032
Living cost
36 634
36 634
36 634
36 634
Free-cash
12 307
6 460
17 670
2 398

Estimated living cost  is ₽36634 per week

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

Source of data for Sliema model

Close
Edinburgh , United Kingdom
₽18205
₽12490
₽17975
₽9906
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
13 896
pensions
-
-
-
5 014
total
-
-
-
18 910
Employee
51 632
-
66 041
-
health
674
-
968
-
income
9 403
-
11 880
-
pensions
3 941
-
5 671
-
total
14 018
-
18 519
-
Employer
51 632
-
66 041
-
pensions
5 216
-
7 204
-
health
981
-
1 256
-
total
6 197
-
8 460
-
Corporate
16 670
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.

3 167
14 155
-
-
total
3 167
14 155
-
-
Dividends
13 503
60 345
-
-
withholding
1 013
4 525
-
-
total
1 013
4 525
-
-
Income
74 500
74 500
74 500
74 500
Total tax
24 395
18 680
26 979
18 910
After tax
50 105
55 820
47 521
55 590
Living cost
37 615
37 615
37 615
37 615
Free-cash
12 490
18 205
9 906
17 975

Estimated living cost  is ₽37615 per week

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

Additional information

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

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

Source of data for Edinburgh model

Close
Warsaw , Poland
-₽17866
₽2367
₽27397
₽14014
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
74 500
accident
-
-
-
253
income
-
-
-
16 216
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
23 203
Employee
37 595
-
61 887
-
health
4 304
-
7 086
-
income
5 158
-
9 918
-
pensions
4 233
-
6 969
-
total
13 695
-
23 973
-
Employer
37 595
-
61 887
-
accident
628
-
1 034
-
unemployment
921
-
1 516
-
pensions
6 113
-
10 063
-
total
7 662
-
12 613
-
Corporate
29 244
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.

26 320
67 050
-
-
total
26 320
67 050
-
-
Dividends
2 924
7 450
-
-
withholding
556
1 416
-
-
total
556
1 416
-
-
Income
74 500
74 500
74 500
74 500
Total tax
48 233
68 466
36 586
23 203
After tax
26 267
6 034
37 914
51 297
Living cost
23 900
23 900
23 900
23 900
Free-cash
2 367
-17 866
14 014
27 397

Estimated living cost  is ₽23900 per week

₽17540
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1393
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽481
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4486
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽49694
₽44787
₽29660
₽29660
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
work injury
-
-
-
373
health insurance
-
-
-
5 513
income
-
-
-
10 721
pensions
-
-
-
13 708
unemployment
-
-
-
894
total
-
-
-
31 209
Employee

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

21 810
-
74 500
-
work injury
109
-
373
-
income
2 181
-
10 721
-
pensions
4 013
-
13 708
-
health insurance
1 614
-
5 513
-
unemployment
262
-
894
-
total
8 179
-
31 209
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
52 690
74 500
-
-
income

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

-
-
-
-
total
-
-
-
-
Dividends
52 690
74 500
-
-
withholding
7 903
11 175
-
-
total
7 903
11 175
-
-
Income
74 500
74 500
74 500
74 500
Total tax
16 082
11 175
31 209
31 209
After tax
58 418
63 325
43 291
43 291
Living cost
13 631
13 631
13 631
13 631
Free-cash
44 787
49 694
29 660
29 660

Estimated living cost  is ₽13631 per week

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

Source of data for Skopje model

Close
Rome , Italy
-₽960
-₽10541
-₽588
-₽4512
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
74 500
municipal
-
-
-
498
regional
-
-
-
1 244
national
-
-
-
13 982
social contributions
-
-
-
19 161
total
-
-
-
34 885
Employee
85 040
-
74 500
-
social contributions
28 675
-
25 121
-
regional
1 284
-
1 060
-
municipal
508
-
444
-
national
14 371
-
12 184
-
total
44 838
-
38 809
-
Employer
85 040
-
74 500
-
total
-
-
-
-
Corporate
-
74 500
-
-
nationa
-
17 879
-
-
municipal
-
3 591
-
-
total
-
21 470
-
-
Dividends
-
53 030
-
-
withholding
-
13 787
-
-
total
-
13 787
-
-
Income
74 500
74 500
74 500
74 500
Total tax
44 838
35 257
38 809
34 885
After tax
29 662
39 243
35 691
39 615
Living cost
40 203
40 203
40 203
40 203
Free-cash
-10 541
-960
-4 512
-588

Estimated living cost  is ₽40203 per week

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

Source of data for Rome model

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