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
₽9187
₽26447
₽21612
₽19610
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
74 500
income

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

-
-
-
12 398
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.

-
-
-
681
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.

-
-
-
6 437
trade
-
-
-
4 835
total
-
-
-
24 351
Employee

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

36 036
-
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.

55
-
681
-
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.

1 007
-
12 398
-
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.

6 437
-
6 437
-
total
7 499
-
19 516
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
38 464
74 500
-
-
income
5 770
11 175
-
-
surtax

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

316
615
-
-
chamber of commerce
198
250
-
-
trade
6 058
11 734
-
-
total
12 342
23 774
-
-
Dividends
26 122
50 726
-
-
surtax

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

340
678
-
-
withholding
6 172
12 324
-
-
total
6 512
13 002
-
-
Income
74 500
74 500
74 500
74 500
Total tax
26 353
36 776
19 516
24 351
After tax
48 147
37 724
54 984
50 149
Living cost
28 537
28 537
28 537
28 537
Free-cash
19 610
9 187
26 447
21 612

Estimated living cost  is ₽28537 per week

₽17951
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3327
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽533
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6726
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽3682
-₽3832
-₽4416
-₽10331
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
74 500
social contributions
-
-
-
801
municipal
-
-
-
7 454
national
-
-
-
11 551
pensions
-
-
-
8 940
total
-
-
-
28 746
Employee
77 774
-
64 405
-
municipal
9 606
-
7 743
-
pensions
3 111
-
2 576
-
national
14 886
-
11 998
-
total
27 603
-
22 317
-
Employer
77 774
-
64 405
-
pensions
6 222
-
5 152
-
social contributions
836
-
692
-
total
7 058
-
5 844
-
Corporate
-
74 500
-
-
income

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

-
14 900
-
-
total
-
14 900
-
-
Dividends
-
59 600
-
-
withholding
-
13 112
-
-
total
-
13 112
-
-
Income
74 500
74 500
74 500
74 500
Total tax
34 661
28 012
28 161
28 746
After tax
39 839
46 488
46 339
45 754
Living cost
50 170
50 170
50 170
50 170
Free-cash
-10 331
-3 682
-3 832
-4 416

Estimated living cost  is ₽50170 per week

₽34100
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4664
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽751
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10655
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽39998
₽22614
₽20394
₽32271
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

As of 1 January, 2018 a microenterprise tax rate for microenterprise turnover of up to €40,000 is 15%. This tax is inclusive of all other taxes and contributions.

Microenterprise tax could also be applied to a company but as the only exception is a limitation of liability, we advise to register as a sole-trader.

-
-
-
74 500
income
-
-
-
10 554
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.

-
-
-
23 951
microenterprise
-
-
-
-
total
-
-
-
34 505
Employee
27 531
-
60 037
-
surtax
-
-
-
-
social contributions

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

3 029
-
6 605
-
income
4 901
-
11 217
-
total
7 930
-
17 822
-
Employer
27 531
-
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.

6 631
-
14 463
-
surtax
-
-
-
-
total
6 631
-
14 463
-
Corporate
40 338
74 500
-
-
income

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

8 067
14 901
-
-
total
8 067
14 901
-
-
Dividends

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

32 271
59 599
-
-
total
-
-
-
-
Income
74 500
74 500
74 500
74 500
Total tax
22 628
14 901
32 285
34 505
After tax
51 872
59 599
42 215
39 995
Living cost
19 601
19 601
19 601
19 601
Free-cash
32 271
39 998
22 614
20 394

Estimated living cost  is ₽19601 per week

₽12505
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.
₽445
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4785
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽13771
-₽19059
₽2929
-₽19059
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
10 899
health
-
-
-
10 164
pensions
-
-
-
11 039
total
-
-
-
32 102
Employee
80 457
80 457
80 457
-
pensions
14 482
11 039
14 482
-
income

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

13 170
13 170
13 170
-
health
12 349
10 504
12 349
-
total
40 001
34 713
40 001
-
Employer
80 457
80 457
80 457
-
health
5 593
5 593
5 593
-
pensions
5 600
5 600
5 600
-
unemployment
2 896
2 896
2 896
-
total
14 089
14 089
14 089
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
74 500
74 500
74 500
74 500
Total tax
54 090
48 802
54 090
32 102
After tax
20 410
25 698
20 410
42 398
Living cost
39 469
39 469
39 469
39 469
Free-cash
-19 059
-13 771
-19 059
2 929

Estimated living cost  is ₽39469 per week

₽27970
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3558
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽628
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7313
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽3057
₽2164
-₽483
₽2212
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
74 500
accident
-
-
-
149
other
-
-
-
8 657
unemployment
-
-
-
75
health
-
-
-
4 649
municipal
-
-
-
15 780
national
-
-
-
-
pensions
-
-
-
8 053
total
-
-
-
37 363
Employee
53 604
-
56 688
-
municipal
15 985
-
16 905
-
national
-
-
-
-
total
15 985
-
16 905
-
Employer
53 604
-
56 688
-
health
3 297
-
3 486
-
pensions
5 795
-
6 128
-
accident
107
-
113
-
unemployment
1 415
-
1 497
-
other
6 229
-
6 587
-
total
16 843
-
17 811
-
Corporate
4 053
74 500
-
-
income
892
16 390
-
-
total
892
16 390
-
-
Dividends
3 161
58 110
-
-
withholding
948
17 433
-
-
total
948
17 433
-
-
Income
74 500
74 500
74 500
74 500
Total tax
34 668
33 823
34 716
37 363
After tax
39 832
40 677
39 784
37 137
Living cost
37 620
37 620
37 620
37 620
Free-cash
2 212
3 057
2 164
-483

Estimated living cost  is ₽37620 per week

₽24933
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3692
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.
₽8424
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽330
₽17972
₽12923
₽13568
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
74 500
income

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

-
-
-
12 398
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.

-
-
-
681
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.

-
-
-
6 437
trade
-
-
-
5 049
total
-
-
-
24 565
Employee

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

47 779
-
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.

225
-
681
-
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.

4 105
-
12 398
-
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.

6 437
-
6 437
-
total
10 767
-
19 516
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
26 721
74 500
-
-
income
4 009
11 175
-
-
surtax

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

220
615
-
-
chamber of commerce
181
249
-
-
trade
4 395
12 255
-
-
total
8 805
24 294
-
-
Dividends
17 917
50 207
-
-
surtax

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

227
670
-
-
withholding
4 121
12 194
-
-
total
4 348
12 864
-
-
Income
74 500
74 500
74 500
74 500
Total tax
23 920
37 158
19 516
24 565
After tax
50 580
37 342
54 984
49 935
Living cost
37 012
37 012
37 012
37 012
Free-cash
13 568
330
17 972
12 923

Estimated living cost  is ₽37012 per week

₽24754
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3903
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽552
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7803
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽22635
₽23461
₽24650
₽20179
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
5 768
social contributions
-
-
-
11 622
health
-
-
-
1 901
total
-
-
-
19 291
Employee
72 448
72 448
72 448
-
social contributions
3 520
6 013
5 614
-
income
7 608
6 707
6 850
-
health
721
1 232
1 150
-
total
11 849
13 952
13 614
-
Employer
72 448
72 448
72 448
-
health
785
1 341
1 252
-
social contributions
3 520
6 013
5 614
-
total
4 305
7 354
6 866
-
Corporate
27 787
-
-
-
income
3 474
-
-
-
total
3 474
-
-
-
Dividends
24 313
-
-
-
withholding
4 134
-
-
-
total
4 134
-
-
-
Income
74 500
74 500
74 500
74 500
Total tax
23 762
21 306
20 480
19 291
After tax
50 738
53 194
54 020
55 209
Living cost
30 559
30 559
30 559
30 559
Free-cash
20 179
22 635
23 461
24 650

Estimated living cost  is ₽30559 per week

₽20890
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2387
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.
₽6769
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽25129
₽26280
₽34700
₽25480
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

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

24 409
9 714
62 343
-
unemployment
366
146
935
-
pensions
2 441
971
6 234
-
income
2 984
1 188
7 621
-
health
1 709
680
4 364
-
total
7 500
2 985
19 154
-
Employer

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

The minimum wage is 138,000 HUF per month.

24 409
9 714
62 343
-
pensions
4 760
1 894
12 157
-
total
4 760
1 894
12 157
-
Corporate
45 331
62 891
-
-
income
4 080
5 660
-
-
total
4 080
5 660
-
-
Dividends
41 251
57 231
-
-
social contributions
7 933
11 049
-
-
withholding
7 838
10 874
-
-
total
15 771
21 923
-
-
Income
74 500
74 500
74 500
74 500
Total tax
32 111
32 462
31 311
22 891
After tax
42 389
42 038
43 189
51 609
Living cost
16 909
16 909
16 909
16 909
Free-cash
25 480
25 129
26 280
34 700

Estimated living cost  is ₽16909 per week

₽11539
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1384
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽338
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3649
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽36842
₽20184
₽17175
₽30990
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
9 982
health
-
-
-
9 685
pensions
-
-
-
14 901
total
-
-
-
34 568
Employee
26 728
-
55 680
-
unemployment
427
-
890
-
pensions
535
-
1 114
-
income
3 009
-
10 735
-
total
3 971
-
12 739
-
Employer
26 728
-
55 680
-
health
3 474
-
7 238
-
pensions
5 346
-
11 137
-
unemployment
215
-
445
-
total
9 035
-
18 820
-
Corporate
38 738
74 500
-
-
income
7 747
14 901
-
-
total
7 747
14 901
-
-
Dividends
30 991
59 599
-
-
total
-
-
-
-
Income
74 500
74 500
74 500
74 500
Total tax
20 753
14 901
31 559
34 568
After tax
53 747
59 599
42 941
39 932
Living cost
22 757
22 757
22 757
22 757
Free-cash
30 990
36 842
20 184
17 175

Estimated living cost  is ₽22757 per week

₽15609
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1355
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽458
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5335
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽15009
₽16620
₽30223
₽2807
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
242
income
-
-
-
16 571
other
-
-
-
354
health
-
-
-
2 086
pensions
-
-
-
3 980
total
-
-
-
23 233
Employee
33 103
-
61 887
-
pensions
3 728
-
6 968
-
income
4 541
-
10 169
-
health
3 790
-
7 086
-
total
12 059
-
24 223
-
Employer
33 103
-
61 887
-
pensions
5 383
-
10 063
-
accident
553
-
1 034
-
unemployment
811
-
1 516
-
total
6 747
-
12 613
-
Corporate
34 650
74 500
-
-
income

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

31 185
67 050
-
-
total
31 185
67 050
-
-
Dividends
3 465
7 450
-
-
withholding
658
1 415
-
-
total
658
1 415
-
-
Income
74 500
74 500
74 500
74 500
Total tax
50 649
68 465
36 836
23 233
After tax
23 851
6 035
37 664
51 267
Living cost
21 044
21 044
21 044
21 044
Free-cash
2 807
-15 009
16 620
30 223

Estimated living cost  is ₽21044 per week

₽15423
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1166
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽439
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4016
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63168
₽51993
₽66148
₽61741
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
74 500
microenterprise

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

-
-
-
745
total
-
-
-
745
Employee
9 509
-
74 500
-
income
1 902
-
14 900
-
total
1 902
-
14 900
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

64 991
74 500
-
-
total
-
-
-
-
Dividends
64 991
74 500
-
-
withholding
3 250
3 725
-
-
total
3 250
3 725
-
-
Income
74 500
74 500
74 500
74 500
Total tax
5 152
3 725
14 900
745
After tax
69 348
70 775
59 600
73 755
Living cost
7 607
7 607
7 607
7 607
Free-cash
61 741
63 168
51 993
66 148

Estimated living cost  is ₽7607 per week

₽4714
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽632
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽209
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2051
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽29632
₽18567
₽15237
₽23268
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
9 464
other
-
-
-
3 538
health
-
-
-
3 277
pensions

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

-
-
-
17 879
total
-
-
-
34 158
Employee
34 209
-
59 505
-
unemployment
341
-
595
-
pensions

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

2 394
-
4 164
-
income
5 889
-
10 243
-
health
479
-
833
-
total
9 103
-
15 835
-
Employer
34 209
-
59 505
-
health
479
-
833
-
pensions

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

5 816
-
10 114
-
accident
274
-
476
-
unemployment
341
-
595
-
other
1 711
-
2 975
-
total
8 621
-
14 993
-
Corporate
31 670
74 500
-
-
income
6 651
15 644
-
-
total
6 651
15 644
-
-
Dividends
25 018
58 856
-
-
withholding
1 752
4 119
-
-
total
1 752
4 119
-
-
Income
74 500
74 500
74 500
74 500
Total tax
26 127
19 763
30 828
34 158
After tax
48 373
54 737
43 672
40 342
Living cost
25 105
25 105
25 105
25 105
Free-cash
23 268
29 632
18 567
15 237

Estimated living cost  is ₽25105 per week

₽17738
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1695
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽404
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5267
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽7227
-₽15746
-₽7551
-₽26926
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
13 875
pensions
-
-
-
5 130
total
-
-
-
19 005
Employee
89 201
-
65 928
-
pensions
8 605
-
5 813
-
income
16 079
-
11 823
-
health
1 470
-
992
-
total
26 154
-
18 628
-
Employer
89 201
-
65 928
-
health
1 694
-
1 252
-
pensions
10 532
-
7 320
-
total
12 226
-
8 572
-
Corporate
-
74 500
-
-
income

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

-
14 155
-
-
total
-
14 155
-
-
Dividends
-
60 345
-
-
withholding
-
4 526
-
-
total
-
4 526
-
-
Income
74 500
74 500
74 500
74 500
Total tax
38 380
18 681
27 200
19 005
After tax
36 120
55 819
47 300
55 495
Living cost
63 046
63 046
63 046
63 046
Free-cash
-26 926
-7 227
-15 746
-7 551

Estimated living cost  is ₽63046 per week

₽47242
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7408
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.
₽7885
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽51349
₽44130
₽42193
₽46973
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
74 500
income
-
-
-
11 175
unemployment
-
-
-
132
health
-
-
-
3 783
pensions

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

-
-
-
4 869
total
-
-
-
19 959
Employee
16 350
-
68 046
-
accident

We are using the highest rate at 1.1%.

180
-
362
-
pensions

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

1 436
-
2 888
-
income
1 635
-
6 805
-
health
752
-
1 513
-
total
4 003
-
11 568
-
Employer
16 350
-
68 046
-
health
1 129
-
2 270
-
pensions

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

1 802
-
3 625
-
accident

We are using the highest rate at 1.1%.

180
-
362
-
unemployment
98
-
197
-
total
3 209
-
6 454
-
Corporate
54 941
74 500
-
-
income
5 494
7 450
-
-
total
5 494
7 450
-
-
Dividends
49 448
67 050
-
-
withholding
2 473
3 353
-
-
total
2 473
3 353
-
-
Income
74 500
74 500
74 500
74 500
Total tax
15 179
10 803
18 022
19 959
After tax
59 321
63 697
56 478
54 541
Living cost
12 348
12 348
12 348
12 348
Free-cash
46 973
51 349
44 130
42 193

Estimated living cost  is ₽12348 per week

₽7209
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽882
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽327
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3930
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽26546
-₽31834
-₽9846
-₽28144
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
10 899
health
-
-
-
10 164
pensions
-
-
-
11 039
total
-
-
-
32 102
Employee
87 351
80 457
80 457
-
pensions
11 039
11 039
14 482
-
income

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

13 170
13 170
13 170
-
health
10 897
10 504
12 349
-
total
35 106
34 713
40 001
-
Employer
87 351
80 457
80 457
-
health
6 070
5 593
5 593
-
pensions
6 079
5 600
5 600
-
unemployment
3 145
2 896
2 896
-
total
15 294
14 089
14 089
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
74 500
74 500
74 500
74 500
Total tax
50 400
48 802
54 090
32 102
After tax
24 100
25 698
20 410
42 398
Living cost
52 244
52 244
52 244
52 244
Free-cash
-28 144
-26 546
-31 834
-9 846

Estimated living cost  is ₽52244 per week

₽38539
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4667
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽599
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8441
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28176
₽14688
₽13168
₽19926
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
74 500
income
-
-
-
6 403
social contributions
-
-
-
21 754
solidarity contribution
-
-
-
-
health
-
-
-
10 058
total
-
-
-
38 215
Employee
33 996
-
55 597
-
solidarity contribution
-
-
-
-
social contributions
2 210
-
3 614
-
income
4 080
-
6 672
-
health
4 590
-
7 506
-
total
10 880
-
17 792
-
Employer
33 996
-
55 597
-
health
3 060
-
5 004
-
social contributions
8 499
-
13 899
-
total
11 559
-
18 903
-
Corporate
28 945
74 500
-
-
income
5 500
14 155
-
-
total
5 500
14 155
-
-
Dividends
23 445
60 345
-
-
withholding
3 517
9 052
-
-
total
3 517
9 052
-
-
Income
74 500
74 500
74 500
74 500
Total tax
31 456
23 207
36 695
38 215
After tax
43 044
51 293
37 805
36 285
Living cost
23 118
23 118
23 118
23 118
Free-cash
19 926
28 176
14 688
13 168

Estimated living cost  is ₽23118 per week

₽16058
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1645
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽455
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4961
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Brno model

Close
Milan , Italy
-₽6
-₽3719
-₽96
-₽9233
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
74 500
social contributions
-
-
-
19 161
regional
-
-
-
788
municipal
-
-
-
443
national
-
-
-
14 448
total
-
-
-
34 840
Employee
83 734
-
74 500
-
municipal
443
-
395
-
national
14 509
-
12 260
-
regional
790
-
686
-
social contributions
28 235
-
25 122
-
total
43 977
-
38 463
-
Employer
83 734
-
74 500
-
total
-
-
-
-
Corporate
-
74 500
-
-
municipal
-
2 905
-
-
nationa
-
17 879
-
-
total
-
20 784
-
-
Dividends
-
53 715
-
-
withholding
-
13 966
-
-
total
-
13 966
-
-
Income
74 500
74 500
74 500
74 500
Total tax
43 977
34 750
38 463
34 840
After tax
30 523
39 750
36 037
39 660
Living cost
39 756
39 756
39 756
39 756
Free-cash
-9 233
-6
-3 719
-96

Estimated living cost  is ₽39756 per week

₽27713
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2607
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽610
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8825
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽26071
₽17949
₽19560
₽23136
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
12 505
other
-
-
-
-
surtax
-
-
-
1 239
unemployment
-
-
-
215
health
-
-
-
5 290
pensions
-
-
-
14 901
total
-
-
-
34 150
Employee
31 157
-
61 545
-
other
-
-
-
-
unemployment
2 169
-
4 284
-
pensions
2 078
-
4 105
-
surtax
102
-
1 107
-
income
5 223
-
11 741
-
health
796
-
1 570
-
total
10 368
-
22 807
-
Employer
31 157
-
61 545
-
health
1 418
-
2 800
-
pensions
4 153
-
8 203
-
unemployment
987
-
1 951
-
other
-
-
-
-
total
6 558
-
12 954
-
Corporate
36 785
74 500
-
-
income
9 564
19 370
-
-
total
9 564
19 370
-
-
Dividends
27 221
55 130
-
-
withholding
4 084
8 269
-
-
total
4 084
8 269
-
-
Income
74 500
74 500
74 500
74 500
Total tax
30 574
27 639
35 761
34 150
After tax
43 926
46 861
38 739
40 350
Living cost
20 790
20 790
20 790
20 790
Free-cash
23 136
26 071
17 949
19 560

Estimated living cost  is ₽20790 per week

₽12712
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1918
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽479
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5680
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽12747
₽4228
₽12423
₽5328
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
13 875
pensions
-
-
-
5 130
total
-
-
-
19 005
Employee
59 780
-
65 928
-
pensions
5 074
-
5 813
-
income
10 767
-
11 823
-
health
868
-
992
-
total
16 709
-
18 628
-
Employer
59 780
-
65 928
-
health
1 136
-
1 252
-
pensions
6 471
-
7 320
-
total
7 607
-
8 572
-
Corporate
7 113
74 500
-
-
income

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

1 352
14 155
-
-
total
1 352
14 155
-
-
Dividends
5 761
60 345
-
-
withholding
432
4 526
-
-
total
432
4 526
-
-
Income
74 500
74 500
74 500
74 500
Total tax
26 100
18 681
27 200
19 005
After tax
48 400
55 819
47 300
55 495
Living cost
43 072
43 072
43 072
43 072
Free-cash
5 328
12 747
4 228
12 423

Estimated living cost  is ₽43072 per week

₽32269
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3228
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽451
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7123
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽40381
-₽15527
-₽11707
-₽20925
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
74 500
other

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

-
-
-
1 490
regional
-
-
-
2 088
health
-
-
-
243
city
-
-
-
784
national
-
-
-
300
pensions
-
-
-
6 853
total
-
-
-
11 758
Employee
87 124
-
66 681
-
unemployment
-
-
-
-
pensions
7 320
-
5 603
-
national
412
-
250
-
regional
2 853
-
1 774
-
city
935
-
717
-
health
197
-
149
-
total
11 717
-
8 493
-
Employer
87 124
-
66 681
-
health
197
-
149
-
pensions
7 320
-
5 603
-
unemployment
-
-
-
-
other

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

1 742
-
1 333
-
total
9 259
-
7 085
-
Corporate
-
74 500
-
-
regional
-
15 756
-
-
national
-
6 333
-
-
total
-
22 089
-
-
Dividends
-
52 411
-
-
withholding
-
18 343
-
-
total
-
18 343
-
-
Income
74 500
74 500
74 500
74 500
Total tax
20 976
40 432
15 578
11 758
After tax
53 524
34 068
58 922
62 742
Living cost
74 449
74 449
74 449
74 449
Free-cash
-20 925
-40 381
-15 527
-11 707

Estimated living cost  is ₽74449 per week

₽48413
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6681
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽914
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18441
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽6203
₽11823
₽6559
₽9075
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
74 500
income

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

-
-
-
12 398
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.

-
-
-
681
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.

-
-
-
6 437
trade
-
-
-
5 264
total
-
-
-
24 780
Employee

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

56 622
-
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.

367
-
681
-
income

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

6 658
-
12 398
-
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.

6 437
-
6 437
-
total
13 462
-
19 516
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
17 878
74 500
-
-
income
2 682
11 175
-
-
surtax

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

147
615
-
-
chamber of commerce
168
249
-
-
trade
3 066
12 777
-
-
total
6 063
24 816
-
-
Dividends
11 815
49 685
-
-
surtax

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

143
663
-
-
withholding
2 596
12 063
-
-
total
2 739
12 726
-
-
Income
74 500
74 500
74 500
74 500
Total tax
22 264
37 542
19 516
24 780
After tax
52 236
36 958
54 984
49 720
Living cost
43 161
43 161
43 161
43 161
Free-cash
9 075
-6 203
11 823
6 559

Estimated living cost  is ₽43161 per week

₽31523
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3453
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.
₽7626
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽5313
₽11954
₽10988
₽10878
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
4 196
other
-
-
-
2 310
surtax
-
-
-
-
social contributions
-
-
-
2 124
health
-
-
-
644
pensions
-
-
-
22 003
total
-
-
-
31 277
Employee
40 323
-
56 771
-
pensions
4 559
-
6 420
-
surtax
-
-
-
-
social contributions
1 150
-
1 618
-
income
2 380
-
4 543
-
total
8 089
-
12 581
-
Employer
40 323
-
56 771
-
health
2 823
-
3 975
-
pensions
6 624
-
9 328
-
unemployment
1 632
-
2 299
-
social contributions
122
-
170
-
other
1 391
-
1 958
-
total
12 592
-
17 730
-
Corporate
21 584
74 500
-
-
income
6 043
20 860
-
-
surtax
-
-
-
-
total
6 043
20 860
-
-
Dividends
15 541
53 640
-
-
surtax
-
-
-
-
social contributions
2 673
9 226
-
-
withholding
1 990
6 866
-
-
total
4 663
16 092
-
-
Income
74 500
74 500
74 500
74 500
Total tax
31 387
36 952
30 311
31 277
After tax
43 113
37 548
44 189
43 223
Living cost
32 235
32 235
32 235
32 235
Free-cash
10 878
5 313
11 954
10 988

Estimated living cost  is ₽32235 per week

₽20325
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2621
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽549
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8741
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽8507
₽15148
₽14182
₽13744
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
4 196
other
-
-
-
2 310
surtax
-
-
-
-
social contributions
-
-
-
2 124
health
-
-
-
644
pensions
-
-
-
22 003
total
-
-
-
31 277
Employee
35 994
-
56 771
-
pensions
4 071
-
6 420
-
surtax
-
-
-
-
social contributions
1 026
-
1 618
-
income
1 856
-
4 543
-
total
6 953
-
12 581
-
Employer
35 994
-
56 771
-
health
2 519
-
3 975
-
pensions
5 914
-
9 328
-
unemployment
1 457
-
2 299
-
social contributions
107
-
170
-
other
1 243
-
1 958
-
total
11 240
-
17 730
-
Corporate
27 265
74 500
-
-
income
7 634
20 860
-
-
surtax
-
-
-
-
total
7 634
20 860
-
-
Dividends
19 631
53 640
-
-
surtax
-
-
-
-
social contributions
3 376
9 226
-
-
withholding
2 512
6 866
-
-
total
5 888
16 092
-
-
Income
74 500
74 500
74 500
74 500
Total tax
31 715
36 952
30 311
31 277
After tax
42 785
37 548
44 189
43 223
Living cost
29 041
29 041
29 041
29 041
Free-cash
13 744
8 507
15 148
14 182

Estimated living cost  is ₽29041 per week

₽16842
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2950
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.
₽8698
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽25474
₽29017
₽27867
₽25963
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
74 500
income
-
-
-
11 175
social contributions
-
-
-
10 281
health
-
-
-
5 199
total
-
-
-
26 655
Employee
31 945
-
74 500
-
social contributions
4 409
-
10 281
-
income
5 328
-
10 025
-
health
2 230
-
5 199
-
total
11 967
-
25 505
-
Employer
31 945
-
74 500
-
total
-
-
-
-
Corporate
42 555
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%.

2 128
3 724
-
-
total
2 128
3 724
-
-
Dividends
40 427
70 776
-
-
social contributions
5 578
9 767
-
-
withholding
6 065
10 617
-
-
health
2 821
4 940
-
-
total
14 464
25 324
-
-
Income
74 500
74 500
74 500
74 500
Total tax
28 559
29 048
25 505
26 655
After tax
45 941
45 452
48 995
47 845
Living cost
19 978
19 978
19 978
19 978
Free-cash
25 963
25 474
29 017
27 867

Estimated living cost  is ₽19978 per week

₽13370
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1232
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽459
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4915
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽8896
-₽7882
₽6456
₽7441
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
9 099
surtax
-
-
-
186
unemployment
-
-
-
5 779
chamber of commerce
-
-
-
299
health
-
-
-
5 700
pensions
-
-
-
13 783
total
-
-
-
34 846
Employee
47 085
37 547
57 706
-
other
470
375
578
-
unemployment
1 412
1 126
1 731
-
pensions
4 822
3 844
5 909
-
income
5 360
2 770
8 405
-
health
1 822
1 454
2 233
-
total
13 886
9 569
18 856
-
Employer
47 085
37 547
57 706
-
chamber of commerce
188
150
231
-
health
1 779
1 420
2 181
-
pensions
5 909
4 713
7 243
-
accident
611
488
751
-
unemployment
1 412
1 126
1 731
-
surtax
186
186
186
-
payroll
1 412
1 126
1 731
-
other
2 237
1 783
2 741
-
total
13 734
10 992
16 795
-
Corporate
13 680
25 961
54 130
-
income

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

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

3 420
6 490
13 533
-
total
3 420
6 490
13 533
-
Dividends
10 260
19 471
-
-
withholding
2 821
5 355
-
-
total
2 821
5 355
-
-
Income
74 500
74 500
74 500
74 500
Total tax
33 861
32 406
49 184
34 846
After tax
40 639
42 094
25 316
39 654
Living cost
33 198
33 198
33 198
33 198
Free-cash
7 441
8 896
-7 882
6 456

Estimated living cost  is ₽33198 per week

₽22142
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2832
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽545
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7679
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽7500
-₽4128
₽2622
-₽12510
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
74 500
communal

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

-
-
-
3 837
social contributions
-
-
-
10 558
national
-
-
-
23 130
total
-
-
-
37 525
Employee

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

67 394
-
57 704
-
unemployment

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

586
-
502
-
communal

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

3 515
-
3 009
-
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.

5 054
-
4 329
-
national
20 719
-
16 927
-
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.

3 166
-
2 712
-
total
33 040
-
27 479
-
Employer

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

67 394
-
57 704
-
health

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

4 144
-
3 547
-
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.

5 972
-
5 112
-
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.

876
-
751
-
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.

983
-
842
-
surtax
7 642
-
6 544
-
total
19 617
-
16 796
-
Corporate
-
74 500
-
-
income
-
14 901
-
-
surtax
-
299
-
-
total
-
15 200
-
-
Dividends
-
59 301
-
-
withholding

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

-
17 447
-
-
total
-
17 447
-
-
Income
74 500
74 500
74 500
74 500
Total tax
52 657
32 647
44 275
37 525
After tax
21 843
41 853
30 225
36 975
Living cost
34 353
34 353
34 353
34 353
Free-cash
-12 510
7 500
-4 128
2 622

Estimated living cost  is ₽34353 per week

₽22127
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3004
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽538
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8684
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽16216
₽6287
₽5760
₽8711
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
12 364
other
-
-
-
75
unemployment
-
-
-
522
pensions
-
-
-
21 083
total
-
-
-
34 714
Employee
46 899
-
56 490
-
other
46
-
57
-
unemployment
728
-
876
-
pensions
2 205
-
2 655
-
income
9 895
-
12 590
-
total
12 874
-
16 178
-
Employer
46 899
-
56 490
-
pensions
11 067
-
13 331
-
accident
928
-
1 119
-
unemployment
2 580
-
3 107
-
other
374
-
452
-
total
14 949
-
18 009
-
Corporate
12 652
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.

1 897
11 175
-
-
total
1 897
11 175
-
-
Dividends
10 755
63 325
-
-
withholding
2 044
13 084
-
-
total
2 044
13 084
-
-
Income
74 500
74 500
74 500
74 500
Total tax
31 764
24 259
34 187
34 714
After tax
42 736
50 241
40 313
39 786
Living cost
34 026
34 026
34 026
34 026
Free-cash
8 711
16 216
6 287
5 760

Estimated living cost  is ₽34026 per week

₽25056
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2414
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.
₽6065
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽5088
-₽2789
-₽6604
-₽5373
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
74 500
communal
-
-
-
4 708
accident
-
-
-
628
income
-
-
-
4 473
surtax
-
-
-
3 694
health
-
-
-
5 233
pensions
-
-
-
11 167
total
-
-
-
29 903
Employee
71 349
-
66 547
-
pensions
5 707
-
5 324
-
surtax
4 373
-
4 078
-
income
6 892
-
5 773
-
health
3 175
-
2 961
-
total
20 147
-
18 136
-
Employer
71 349
-
66 547
-
health
2 176
-
2 029
-
pensions
5 707
-
5 324
-
accident
642
-
599
-
total
8 525
-
7 952
-
Corporate
-
74 500
-
-
communal
-
5 029
-
-
income
-
11 175
-
-
surtax
-
783
-
-
total
-
16 987
-
-
Dividends
-
57 513
-
-
income
-
2 773
-
-
withholding
-
8 627
-
-
total
-
11 400
-
-
Income
74 500
74 500
74 500
74 500
Total tax
28 672
28 387
26 088
29 903
After tax
45 828
46 113
48 412
44 597
Living cost
51 201
51 201
51 201
51 201
Free-cash
-5 373
-5 088
-2 789
-6 604

Estimated living cost  is ₽51201 per week

₽38408
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3102
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽542
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9147
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽25699
₽17577
₽19188
₽22701
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
12 505
other
-
-
-
-
surtax
-
-
-
1 239
unemployment
-
-
-
215
health
-
-
-
5 290
pensions
-
-
-
14 901
total
-
-
-
34 150
Employee
31 729
-
61 545
-
other
-
-
-
-
unemployment
2 208
-
4 284
-
pensions
2 117
-
4 105
-
surtax
113
-
1 107
-
income
5 319
-
11 741
-
health
810
-
1 570
-
total
10 567
-
22 807
-
Employer
31 729
-
61 545
-
health
1 443
-
2 800
-
pensions
4 230
-
8 203
-
unemployment
1 007
-
1 951
-
other
-
-
-
-
total
6 680
-
12 954
-
Corporate
36 092
74 500
-
-
income
9 383
19 370
-
-
total
9 383
19 370
-
-
Dividends
26 708
55 130
-
-
withholding
4 007
8 269
-
-
total
4 007
8 269
-
-
Income
74 500
74 500
74 500
74 500
Total tax
30 637
27 639
35 761
34 150
After tax
43 863
46 861
38 739
40 350
Living cost
21 162
21 162
21 162
21 162
Free-cash
22 701
25 699
17 577
19 188

Estimated living cost  is ₽21162 per week

₽12777
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1840
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.
₽6056
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽13780
₽10341
₽13944
₽11686
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
74 500
social contributions
-
-
-
19 161
regional
-
-
-
1 124
municipal
-
-
-
443
national
-
-
-
14 448
total
-
-
-
35 176
Employee
52 263
-
74 500
-
municipal
277
-
395
-
national
8 280
-
12 260
-
regional
704
-
1 002
-
social contributions
17 624
-
25 122
-
total
26 885
-
38 779
-
Employer
52 263
-
74 500
-
total
-
-
-
-
Corporate
22 237
74 500
-
-
municipal
1 105
3 703
-
-
nationa
5 337
17 879
-
-
total
6 442
21 582
-
-
Dividends
15 795
52 918
-
-
withholding
4 107
13 758
-
-
total
4 107
13 758
-
-
Income
74 500
74 500
74 500
74 500
Total tax
37 434
35 340
38 779
35 176
After tax
37 066
39 160
35 721
39 324
Living cost
25 380
25 380
25 380
25 380
Free-cash
11 686
13 780
10 341
13 944

Estimated living cost  is ₽25380 per week

₽15784
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2571
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽434
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6590
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽22806
₽9318
₽7798
₽12645
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
74 500
income
-
-
-
6 403
social contributions
-
-
-
21 754
solidarity contribution
-
-
-
-
health
-
-
-
10 058
total
-
-
-
38 215
Employee
41 892
-
55 597
-
solidarity contribution
-
-
-
-
social contributions
2 723
-
3 614
-
income
5 027
-
6 672
-
health
5 655
-
7 506
-
total
13 405
-
17 792
-
Employer
41 892
-
55 597
-
health
3 770
-
5 004
-
social contributions
10 473
-
13 899
-
total
14 243
-
18 903
-
Corporate
18 364
74 500
-
-
income
3 489
14 155
-
-
total
3 489
14 155
-
-
Dividends
14 875
60 345
-
-
withholding
2 231
9 052
-
-
total
2 231
9 052
-
-
Income
74 500
74 500
74 500
74 500
Total tax
33 368
23 207
36 695
38 215
After tax
41 132
51 293
37 805
36 285
Living cost
28 487
28 487
28 487
28 487
Free-cash
12 645
22 806
9 318
7 798

Estimated living cost  is ₽28487 per week

₽21185
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1578
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽493
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5231
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽12138
-₽4699
₽9782
₽11672
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
9 099
surtax
-
-
-
-
unemployment
-
-
-
5 779
chamber of commerce
-
-
-
299
health
-
-
-
5 700
pensions
-
-
-
13 783
total
-
-
-
34 660
Employee
41 185
37 547
57 849
-
other
411
375
579
-
unemployment
1 235
1 126
1 736
-
pensions
4 218
3 844
5 923
-
income
3 669
2 770
8 444
-
health
1 593
1 454
2 238
-
total
11 126
9 569
18 920
-
Employer
41 185
37 547
57 849
-
chamber of commerce
164
150
231
-
health
1 557
1 420
2 187
-
pensions
5 169
4 713
7 261
-
accident
535
488
753
-
unemployment
1 235
1 126
1 736
-
surtax
-
-
-
-
payroll
1 235
1 126
1 736
-
other
1 956
1 783
2 748
-
total
11 851
10 806
16 652
-
Corporate
21 463
26 147
54 273
-
income

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

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

5 366
6 537
13 569
-
total
5 366
6 537
13 569
-
Dividends
16 097
19 610
-
-
withholding
4 427
5 392
-
-
total
4 427
5 392
-
-
Income
74 500
74 500
74 500
74 500
Total tax
32 770
32 304
49 141
34 660
After tax
41 730
42 196
25 359
39 840
Living cost
30 058
30 058
30 058
30 058
Free-cash
11 672
12 138
-4 699
9 782

Estimated living cost  is ₽30058 per week

₽18031
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3070
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽536
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8421
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽58920
₽47745
₽61900
₽56697
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
74 500
microenterprise

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

-
-
-
745
total
-
-
-
745
Employee
14 819
-
74 500
-
income
2 964
-
14 900
-
total
2 964
-
14 900
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

59 681
74 500
-
-
total
-
-
-
-
Dividends
59 681
74 500
-
-
withholding
2 984
3 725
-
-
total
2 984
3 725
-
-
Income
74 500
74 500
74 500
74 500
Total tax
5 948
3 725
14 900
745
After tax
68 552
70 775
59 600
73 755
Living cost
11 855
11 855
11 855
11 855
Free-cash
56 697
58 920
47 745
61 900

Estimated living cost  is ₽11855 per week

₽8022
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽498
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽398
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2937
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽26022
₽12004
₽14136
₽18141
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
14 042
unemployment
-
-
-
113
health
-
-
-
7 332
pensions
-
-
-
13 606
total
-
-
-
35 093
Employee

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

41 663
-
64 463
-
unemployment
59
-
89
-
pensions
6 458
-
9 991
-
income
7 185
-
12 944
-
health
2 691
-
4 164
-
total
16 393
-
27 188
-
Employer

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

41 663
-
64 463
-
health
2 775
-
4 293
-
pensions
3 687
-
5 705
-
unemployment
25
-
39
-
total
6 487
-
10 037
-
Corporate
26 351
74 500
-
-
income
5 006
14 155
-
-
total
5 006
14 155
-
-
Dividends
21 344
60 345
-
-
withholding
3 202
9 052
-
-
total
3 202
9 052
-
-
Income
74 500
74 500
74 500
74 500
Total tax
31 088
23 207
37 225
35 093
After tax
43 412
51 293
37 275
39 407
Living cost
25 271
25 271
25 271
25 271
Free-cash
18 141
26 022
12 004
14 136

Estimated living cost  is ₽25271 per week

₽17343
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1620
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.
₽5820
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽4883
₽21725
₽11042
-₽65256
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
57 990
-
-
-
social contributions
4 755
-
678
-
income
12 791
-
-
-
total
17 546
-
678
-
Employer
57 990
-
-
-
social contributions
81 766
-
11 653
-
total
81 766
-
11 653
-
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
99 312
29 174
12 331
23 015
After tax
-24 812
45 326
62 169
51 485
Living cost
40 444
40 444
40 444
40 444
Free-cash
-65 256
4 883
21 725
11 042

Estimated living cost  is ₽40444 per week

₽26241
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3804
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.
₽9883
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽12824
₽9580
₽12642
₽11874
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
6 416
surtax
-
-
-
-
social contributions

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

-
-
-
25 889
total
-
-
-
32 305
Employee
43 332
-
60 202
-
surtax
-
-
-
-
social contributions
4 767
-
6 623
-
income
9 013
-
14 446
-
total
13 780
-
21 069
-
Employer
43 332
-
60 202
-
social contributions
10 291
-
14 298
-
total
10 291
-
14 298
-
Corporate
20 876
74 500
-
-
income
4 384
15 644
-
-
surtax
-
-
-
-
total
4 384
15 644
-
-
Dividends
16 492
58 856
-
-
withholding
4 618
16 479
-
-
total
4 618
16 479
-
-
Income
74 500
74 500
74 500
74 500
Total tax
33 073
32 123
35 367
32 305
After tax
41 427
42 377
39 133
42 195
Living cost
29 553
29 553
29 553
29 553
Free-cash
11 874
12 824
9 580
12 642

Estimated living cost  is ₽29553 per week

₽22111
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1743
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽493
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5205
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽7957
-₽1316
-₽2282
-₽2938
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
4 196
other
-
-
-
2 310
surtax
-
-
-
-
social contributions
-
-
-
2 124
health
-
-
-
644
pensions
-
-
-
22 003
total
-
-
-
31 277
Employee
59 010
-
56 771
-
pensions
6 674
-
6 420
-
surtax
-
-
-
-
social contributions
1 681
-
1 618
-
income
5 149
-
4 543
-
total
13 504
-
12 581
-
Employer
59 010
-
56 771
-
health
4 130
-
3 975
-
pensions
9 696
-
9 328
-
unemployment
2 390
-
2 299
-
social contributions
177
-
170
-
other
2 036
-
1 958
-
total
18 429
-
17 730
-
Corporate
-
74 500
-
-
income
-
20 860
-
-
surtax
-
-
-
-
total
-
20 860
-
-
Dividends
-
53 640
-
-
surtax
-
-
-
-
social contributions
-
9 226
-
-
withholding
-
6 866
-
-
total
-
16 092
-
-
Income
74 500
74 500
74 500
74 500
Total tax
31 933
36 952
30 311
31 277
After tax
42 567
37 548
44 189
43 223
Living cost
45 505
45 505
45 505
45 505
Free-cash
-2 938
-7 957
-1 316
-2 282

Estimated living cost  is ₽45505 per week

₽30797
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3722
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽624
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10361
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38729
₽31119
₽29029
₽35564
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
760
social contributions
-
-
-
16 390
total
-
-
-
17 150
Employee
30 290
-
64 502
-
income
-
-
871
-
social contributions
1 969
-
4 193
-
total
1 969
-
5 064
-
Employer
30 290
-
64 502
-
social contributions
4 695
-
9 996
-
total
4 695
-
9 996
-
Corporate
39 515
74 500
-
-
income
3 951
7 450
-
-
total
3 951
7 450
-
-
Dividends
35 564
67 050
-
-
total
-
-
-
-
Income
74 500
74 500
74 500
74 500
Total tax
10 615
7 450
15 060
17 150
After tax
63 885
67 050
59 440
57 350
Living cost
28 321
28 321
28 321
28 321
Free-cash
35 564
38 729
31 119
29 029

Estimated living cost  is ₽28321 per week

₽18312
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2135
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽533
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7341
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽130759
-₽130759
₽1674
-₽130759
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
74 500
labour market
-
-
-
5 895
municipal
-
-
-
13 142
national
-
-
-
7 601
pensions
-
-
-
817
total
-
-
-
27 455
Employee
191 499
191 499
191 499
-
municipal
40 779
40 779
40 779
-
labour market
15 298
15 298
15 298
-
pensions
272
272
272
-
national
23 395
23 395
23 395
-
total
79 744
79 744
79 744
-
Employer
191 499
191 499
191 499
-
national
23 436
23 436
23 436
-
labour market
15 320
15 320
15 320
-
pensions
544
544
544
-
municipal
40 844
40 844
40 844
-
total
80 144
80 144
80 144
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
74 500
74 500
74 500
74 500
Total tax
159 888
159 888
159 888
27 455
After tax
-85 388
-85 388
-85 388
47 045
Living cost
45 371
45 371
45 371
45 371
Free-cash
-130 759
-130 759
-130 759
1 674

Estimated living cost  is ₽45371 per week

₽31052
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4014
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽698
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9607
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽14699
₽16930
₽30533
₽2854
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
242
income
-
-
-
16 571
other
-
-
-
354
health
-
-
-
2 086
pensions
-
-
-
3 980
total
-
-
-
23 233
Employee
32 615
-
61 887
-
pensions
3 673
-
6 968
-
income
4 474
-
10 169
-
health
3 735
-
7 086
-
total
11 882
-
24 223
-
Employer
32 615
-
61 887
-
pensions
5 303
-
10 063
-
accident
545
-
1 034
-
unemployment
799
-
1 516
-
total
6 647
-
12 613
-
Corporate
35 238
74 500
-
-
income

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

31 714
67 050
-
-
total
31 714
67 050
-
-
Dividends
3 524
7 450
-
-
withholding
669
1 415
-
-
total
669
1 415
-
-
Income
74 500
74 500
74 500
74 500
Total tax
50 912
68 465
36 836
23 233
After tax
23 588
6 035
37 664
51 267
Living cost
20 734
20 734
20 734
20 734
Free-cash
2 854
-14 699
16 930
30 533

Estimated living cost  is ₽20734 per week

₽15092
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1182
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽389
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4071
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽14587
₽7888
₽18776
₽10780
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

You can choose the amount to declare for pension contributions and choose a pension insurance company or a pension insurance fund you prefer to use; or you could opt out of pension contributions altogether. You can find more details on Finnish Centre for Pensions

-
-
-
74 500
health
-
-
-
755
municipal
-
-
-
13 274
national
-
-
-
5 523
total
-
-
-
19 552
Employee
49 569
-
62 673
-
municipal
8 119
-
10 247
-
unemployment
744
-
940
-
pensions
3 345
-
4 230
-
national
819
-
2 623
-
health
370
-
572
-
total
13 397
-
18 612
-
Employer
49 569
-
62 673
-
health
381
-
483
-
pensions
8 600
-
10 874
-
accident
50
-
63
-
unemployment
322
-
408
-
total
9 353
-
11 828
-
Corporate
15 578
74 500
-
-
income
3 116
14 901
-
-
total
3 116
14 901
-
-
Dividends

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

9 346
44 700
-
-
municipal
1 682
8 046
-
-
national
-
794
-
-
total
1 682
8 840
-
-
Income
74 500
74 500
74 500
74 500
Total tax
27 548
23 741
30 440
19 552
After tax
46 952
50 759
44 060
54 948
Living cost
36 172
36 172
36 172
36 172
Free-cash
10 780
14 587
7 888
18 776

Estimated living cost  is ₽36172 per week

₽23628
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3479
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.
₽8491
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽31380
₽32206
₽33395
₽27706
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
5 768
social contributions
-
-
-
11 622
health
-
-
-
1 901
total
-
-
-
19 291
Employee
72 448
72 448
72 448
-
social contributions
2 739
6 013
5 614
-
income
7 888
6 707
6 850
-
health
561
1 232
1 150
-
total
11 188
13 952
13 614
-
Employer
72 448
72 448
72 448
-
health
610
1 341
1 252
-
social contributions
2 739
6 013
5 614
-
total
3 349
7 354
6 866
-
Corporate
38 149
-
-
-
income
4 768
-
-
-
total
4 768
-
-
-
Dividends
33 380
-
-
-
withholding
5 675
-
-
-
total
5 675
-
-
-
Income
74 500
74 500
74 500
74 500
Total tax
24 980
21 306
20 480
19 291
After tax
49 520
53 194
54 020
55 209
Living cost
21 814
21 814
21 814
21 814
Free-cash
27 706
31 380
32 206
33 395

Estimated living cost  is ₽21814 per week

₽13073
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2140
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.
₽6118
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽46734
₽31059
₽43286
₽41943
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
6 825
unemployment
-
-
-
27
health
-
-
-
3 410
pensions
-
-
-
5 993
total
-
-
-
16 255
Employee

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

21 626
-
67 543
-
unemployment
107
-
338
-
pensions
3 243
-
10 132
-
income
1 479
-
5 314
-
health
1 838
-
5 741
-
total
6 667
-
21 525
-
Employer

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

21 626
-
67 543
-
health
930
-
2 904
-
pensions
1 189
-
3 715
-
unemployment
107
-
338
-
total
2 226
-
6 957
-
Corporate
50 648
74 500
-
-
income
4 557
6 705
-
-
total
4 557
6 705
-
-
Dividends
46 091
67 795
-
-
withholding
4 148
6 102
-
-
total
4 148
6 102
-
-
Income
74 500
74 500
74 500
74 500
Total tax
17 598
12 807
28 482
16 255
After tax
56 902
61 693
46 018
58 245
Living cost
14 959
14 959
14 959
14 959
Free-cash
41 943
46 734
31 059
43 286

Estimated living cost  is ₽14959 per week

₽9544
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1078
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽445
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3891
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽24333
₽14405
₽13878
₽19390
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
12 364
other
-
-
-
75
unemployment
-
-
-
522
pensions
-
-
-
21 083
total
-
-
-
34 714
Employee
34 837
-
56 490
-
other
34
-
57
-
unemployment
540
-
876
-
pensions
1 638
-
2 655
-
income
6 716
-
12 590
-
total
8 928
-
16 178
-
Employer
34 837
-
56 490
-
pensions
8 221
-
13 331
-
accident
690
-
1 119
-
unemployment
1 917
-
3 107
-
other
279
-
452
-
total
11 107
-
18 009
-
Corporate
28 556
74 500
-
-
income

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

4 284
11 175
-
-
total
4 284
11 175
-
-
Dividends
24 272
63 325
-
-
withholding
4 883
13 084
-
-
total
4 883
13 084
-
-
Income
74 500
74 500
74 500
74 500
Total tax
29 202
24 259
34 187
34 714
After tax
45 298
50 241
40 313
39 786
Living cost
25 908
25 908
25 908
25 908
Free-cash
19 390
24 333
14 405
13 878

Estimated living cost  is ₽25908 per week

₽17488
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2491
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽454
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5476
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽44576
₽45253
₽45390
₽44263
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
24 792
health
-
-
-
1 011
pensions
-
-
-
1 395
total
-
-
-
27 198
Employee
2 913
-
72 931
-
unemployment
29
-
70
-
pensions
262
-
628
-
income
563
-
24 719
-
health
146
-
349
-
total
1 000
-
25 766
-
Employer
2 913
-
72 931
-
health
277
-
663
-
pensions
320
-
767
-
unemployment
58
-
139
-
total
655
-
1 569
-
Corporate
70 932
74 500
-
-
income
15 605
16 390
-
-
total
15 605
16 390
-
-
Dividends
55 327
58 110
-
-
withholding
11 065
11 622
-
-
total
11 065
11 622
-
-
Income
74 500
74 500
74 500
74 500
Total tax
28 325
28 012
27 335
27 198
After tax
46 175
46 488
47 165
47 302
Living cost
1 912
1 912
1 912
1 912
Free-cash
44 263
44 576
45 253
45 390

Estimated living cost  is ₽1912 per week

₽1136
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽155
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽44
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽577
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽37527
₽22314
₽20726
₽32891
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
11 147
unemployment
-
-
-
1 045
health
-
-
-
7 174
pensions
-
-
-
18 109
total
-
-
-
37 475
Employee

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

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

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

24 577
-
63 189
-
unemployment
184
-
474
-
pensions
3 441
-
8 846
-
income
3 388
-
12 002
-
health
1 266
-
3 254
-
total
8 279
-
24 576
-
Employer

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

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

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

24 577
-
63 189
-
health
1 266
-
3 254
-
pensions
2 949
-
7 583
-
unemployment
184
-
474
-
total
4 399
-
11 311
-
Corporate
45 523
74 500
-
-
income
6 828
11 175
-
-
total
6 828
11 175
-
-
Dividends
38 695
63 325
-
-
withholding
5 804
9 499
-
-
total
5 804
9 499
-
-
Income
74 500
74 500
74 500
74 500
Total tax
25 310
20 674
35 887
37 475
After tax
49 190
53 826
38 613
37 025
Living cost
16 299
16 299
16 299
16 299
Free-cash
32 891
37 527
22 314
20 726

Estimated living cost  is ₽16299 per week

₽10974
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1261
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽472
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3592
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽16977
₽13733
₽16795
₽16635
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
6 416
surtax
-
-
-
-
social contributions

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

-
-
-
25 889
total
-
-
-
32 305
Employee
36 568
-
60 202
-
surtax
-
-
-
-
social contributions
4 023
-
6 623
-
income
7 145
-
14 446
-
total
11 168
-
21 069
-
Employer
36 568
-
60 202
-
social contributions
8 684
-
14 298
-
total
8 684
-
14 298
-
Corporate
29 248
74 500
-
-
income
6 142
15 644
-
-
surtax
-
-
-
-
total
6 142
15 644
-
-
Dividends
23 107
58 856
-
-
withholding
6 471
16 479
-
-
total
6 471
16 479
-
-
Income
74 500
74 500
74 500
74 500
Total tax
32 465
32 123
35 367
32 305
After tax
42 035
42 377
39 133
42 195
Living cost
25 400
25 400
25 400
25 400
Free-cash
16 635
16 977
13 733
16 795

Estimated living cost  is ₽25400 per week

₽17990
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1765
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽451
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5196
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽17129
₽7201
₽6674
₽9943
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
12 364
other
-
-
-
75
unemployment
-
-
-
522
pensions
-
-
-
21 083
total
-
-
-
34 714
Employee
45 502
-
56 490
-
other
45
-
57
-
unemployment
704
-
876
-
pensions
2 138
-
2 655
-
income
9 504
-
12 590
-
total
12 391
-
16 178
-
Employer
45 502
-
56 490
-
pensions
10 738
-
13 331
-
accident
901
-
1 119
-
unemployment
2 503
-
3 107
-
other
365
-
452
-
total
14 507
-
18 009
-
Corporate
14 490
74 500
-
-
income

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

2 174
11 175
-
-
total
2 174
11 175
-
-
Dividends
12 316
63 325
-
-
withholding
2 373
13 084
-
-
total
2 373
13 084
-
-
Income
74 500
74 500
74 500
74 500
Total tax
31 445
24 259
34 187
34 714
After tax
43 055
50 241
40 313
39 786
Living cost
33 112
33 112
33 112
33 112
Free-cash
9 943
17 129
7 201
6 674

Estimated living cost  is ₽33112 per week

₽23780
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2575
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽467
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6292
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47496
₽40277
₽38340
₽41756
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
74 500
income
-
-
-
11 175
unemployment
-
-
-
132
health
-
-
-
3 783
pensions

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

-
-
-
4 869
total
-
-
-
19 959
Employee
21 452
-
68 046
-
accident

We are using the highest rate at 1.1%.

236
-
362
-
pensions

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

1 883
-
2 888
-
income
2 146
-
6 805
-
health
987
-
1 513
-
total
5 252
-
11 568
-
Employer
21 452
-
68 046
-
health
1 480
-
2 270
-
pensions

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

2 364
-
3 625
-
accident

We are using the highest rate at 1.1%.

236
-
362
-
unemployment
129
-
197
-
total
4 209
-
6 454
-
Corporate
48 839
74 500
-
-
income
4 884
7 450
-
-
total
4 884
7 450
-
-
Dividends
43 954
67 050
-
-
withholding
2 198
3 353
-
-
total
2 198
3 353
-
-
Income
74 500
74 500
74 500
74 500
Total tax
16 543
10 803
18 022
19 959
After tax
57 957
63 697
56 478
54 541
Living cost
16 201
16 201
16 201
16 201
Free-cash
41 756
47 496
40 277
38 340

Estimated living cost  is ₽16201 per week

₽10715
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽927
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽387
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4172
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽2119
₽18610
₽14205
₽14442
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
74 500
income

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

-
-
-
12 398
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.

-
-
-
681
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.

-
-
-
6 437
trade
-
-
-
4 405
total
-
-
-
23 921
Employee

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

46 879
-
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.

213
-
681
-
income

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

3 855
-
12 398
-
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.

6 437
-
6 437
-
total
10 505
-
19 516
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
27 621
74 500
-
-
income
4 143
11 175
-
-
surtax

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

227
615
-
-
chamber of commerce
184
252
-
-
trade
3 964
10 690
-
-
total
8 518
22 732
-
-
Dividends
19 104
51 768
-
-
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.

243
692
-
-
withholding
4 418
12 583
-
-
total
4 661
13 275
-
-
Income
74 500
74 500
74 500
74 500
Total tax
23 684
36 007
19 516
23 921
After tax
50 816
38 493
54 984
50 579
Living cost
36 374
36 374
36 374
36 374
Free-cash
14 442
2 119
18 610
14 205

Estimated living cost  is ₽36374 per week

₽25092
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3914
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.
₽6841
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽1521
₽392
₽392
₽561
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
14 227
social contributions
-
-
-
6 211
total
-
-
-
20 438
Employee
73 698
-
74 500
-
income
13 907
-
14 227
-
social contributions
6 123
-
6 211
-
total
20 030
-
20 438
-
Employer
73 698
-
74 500
-
total
-
-
-
-
Corporate
802
74 500
-
-
income
100
9 313
-
-
total
100
9 313
-
-
Dividends
702
65 187
-
-
withholding
139
13 038
-
-
total
139
13 038
-
-
Income
74 500
74 500
74 500
74 500
Total tax
20 269
22 351
20 438
20 438
After tax
54 231
52 149
54 062
54 062
Living cost
53 670
53 670
53 670
53 670
Free-cash
561
-1 521
392
392

Estimated living cost  is ₽53670 per week

₽40831
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4373
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.
₽7953
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽9246
₽20206
₽7759
₽14706
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We use The Residence Programme or The Global Residence Programme.

-
-
-
74 500
income
-
-
-
26 819
health

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

-
-
-
5 721
total
-
-
-
32 540
Employee
43 221
-
70 166
-
income
4 690
-
11 425
-
social contributions
4 330
-
4 334
-
total
9 020
-
15 759
-
Employer
43 221
-
70 166
-
social contributions
4 330
-
4 334
-
total
4 330
-
4 334
-
Corporate
26 949
74 500
-
-
income
9 431
26 075
-
-
total
9 431
26 075
-
-
Dividends
17 517
48 425
-
-
social contributions
2 812
4 978
-
-
total
2 812
4 978
-
-
Income
74 500
74 500
74 500
74 500
Total tax
25 593
31 053
20 093
32 540
After tax
48 907
43 447
54 407
41 960
Living cost
34 201
34 201
34 201
34 201
Free-cash
14 706
9 246
20 206
7 759

Estimated living cost  is ₽34201 per week

₽22528
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2696
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽524
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8452
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽20803
₽12284
₽20479
₽15485
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
13 875
pensions
-
-
-
5 130
total
-
-
-
19 005
Employee
48 064
-
65 928
-
pensions
3 668
-
5 813
-
income
8 753
-
11 823
-
health
627
-
992
-
total
13 048
-
18 628
-
Employer
48 064
-
65 928
-
health
913
-
1 252
-
pensions
4 856
-
7 320
-
total
5 769
-
8 572
-
Corporate
20 666
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.

3 926
14 155
-
-
total
3 926
14 155
-
-
Dividends
16 740
60 345
-
-
withholding
1 256
4 526
-
-
total
1 256
4 526
-
-
Income
74 500
74 500
74 500
74 500
Total tax
23 999
18 681
27 200
19 005
After tax
50 501
55 819
47 300
55 495
Living cost
35 016
35 016
35 016
35 016
Free-cash
15 485
20 803
12 284
20 479

Estimated living cost  is ₽35016 per week

₽24021
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3220
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽438
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7335
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽16751
₽14878
₽28481
₽2540
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
74 500
accident
-
-
-
242
income
-
-
-
16 571
other
-
-
-
354
health
-
-
-
2 086
pensions
-
-
-
3 980
total
-
-
-
23 233
Employee
35 844
-
61 887
-
pensions
4 036
-
6 968
-
income
4 917
-
10 169
-
health
4 104
-
7 086
-
total
13 057
-
24 223
-
Employer
35 844
-
61 887
-
pensions
5 828
-
10 063
-
accident
599
-
1 034
-
unemployment
878
-
1 516
-
total
7 305
-
12 613
-
Corporate
31 352
74 500
-
-
income

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

28 216
67 050
-
-
total
28 216
67 050
-
-
Dividends
3 135
7 450
-
-
withholding
596
1 415
-
-
total
596
1 415
-
-
Income
74 500
74 500
74 500
74 500
Total tax
49 174
68 465
36 836
23 233
After tax
25 326
6 035
37 664
51 267
Living cost
22 786
22 786
22 786
22 786
Free-cash
2 540
-16 751
14 878
28 481

Estimated living cost  is ₽22786 per week

₽16723
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1328
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽459
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4277
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽50595
₽30384
₽30384
₽46012
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

Sole-trader should pay social contributions from a minimum of 50% of an average salary to a maximum of twelve average salaries. The minimum personal income for the first year should be at least 50% of an average salary.

-
-
-
74 500
income
-
-
-
10 899
unemployment
-
-
-
894
work injury
-
-
-
372
health insurance
-
-
-
5 513
pensions
-
-
-
13 708
total
-
-
-
31 386
Employee

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

20 368
-
74 500
-
health insurance
1 507
-
5 513
-
unemployment
244
-
894
-
work injury
102
-
372
-
pensions
3 748
-
13 708
-
income
2 037
-
10 899
-
total
7 638
-
31 386
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
54 132
74 500
-
-
income

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

-
-
-
-
total
-
-
-
-
Dividends
54 132
74 500
-
-
withholding
8 120
11 175
-
-
total
8 120
11 175
-
-
Income
74 500
74 500
74 500
74 500
Total tax
15 758
11 175
31 386
31 386
After tax
58 742
63 325
43 114
43 114
Living cost
12 730
12 730
12 730
12 730
Free-cash
46 012
50 595
30 384
30 384

Estimated living cost  is ₽12730 per week

₽7886
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽925
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽397
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3521
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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

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Rome , Italy
₽1708
-₽1940
₽1552
-₽4895
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
74 500
social contributions
-
-
-
19 161
regional
-
-
-
1 306
municipal
-
-
-
499
national
-
-
-
14 448
total
-
-
-
35 414
Employee
79 393
-
74 500
-
municipal
474
-
445
-
national
13 417
-
12 260
-
regional
1 199
-
1 079
-
social contributions
26 771
-
25 122
-
total
41 861
-
38 906
-
Employer
79 393
-
74 500
-
total
-
-
-
-
Corporate
-
74 500
-
-
municipal
-
3 590
-
-
nationa
-
17 879
-
-
total
-
21 469
-
-
Dividends
-
53 030
-
-
withholding
-
13 789
-
-
total
-
13 789
-
-
Income
74 500
74 500
74 500
74 500
Total tax
41 861
35 258
38 906
35 414
After tax
32 639
39 242
35 594
39 086
Living cost
37 534
37 534
37 534
37 534
Free-cash
-4 895
1 708
-1 940
1 552

Estimated living cost  is ₽37534 per week

₽26365
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2582
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽567
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8019
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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