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
₽ 75000
per

Your estimated
City
free-cash

Dresden , Germany
₽7430
₽18593
₽20814
₽25236
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
75 000
trade
-
-
-
4 422
income

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

-
-
-
11 661
health

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

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

-
-
-
6 894
surtax

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

-
-
-
642
total
-
-
-
23 619
Employee

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

38 599
-
75 000
-
health

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

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

6 894
-
6 894
-
surtax

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

59
-
642
-
income

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

1 078
-
11 661
-
total
8 031
-
19 197
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
36 401
75 000
-
-
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.

301
619
-
-
income
5 460
11 249
-
-
trade
5 734
11 812
-
-
chamber of commerce
205
260
-
-
total
11 700
23 940
-
-
Dividends
24 701
51 059
-
-
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.

318
682
-
-
withholding
5 791
12 381
-
-
total
6 109
13 063
-
-
Income
75 000
75 000
75 000
75 000
Total tax
25 840
37 003
19 197
23 619
After tax
49 160
37 997
55 803
51 381
Living cost
30 567
30 567
30 567
30 567
Free-cash
18 593
7 430
25 236
20 814

Estimated living cost  is ₽30567 per week

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

Additional information

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

Source of data for Dresden model

Close
Reykjavik , Iceland
-₽4194
-₽11224
-₽4902
-₽4314
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
75 000
municipal
-
-
-
7 492
pensions
-
-
-
9 000
national
-
-
-
11 610
social contributions
-
-
-
806
total
-
-
-
28 908
Employee
79 050
-
64 837
-
municipal
9 764
-
7 783
-
pensions
3 162
-
2 593
-
national
15 130
-
12 060
-
total
28 056
-
22 436
-
Employer
79 050
-
64 837
-
social contributions
850
-
697
-
pensions
6 324
-
5 187
-
total
7 174
-
5 884
-
Corporate
-
75 000
-
-
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%.

-
15 000
-
-
total
-
15 000
-
-
Dividends
-
60 000
-
-
withholding
-
13 200
-
-
total
-
13 200
-
-
Income
75 000
75 000
75 000
75 000
Total tax
35 230
28 200
28 320
28 908
After tax
39 770
46 800
46 680
46 092
Living cost
50 994
50 994
50 994
50 994
Free-cash
-11 224
-4 194
-4 314
-4 902

Estimated living cost  is ₽50994 per week

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

Additional information

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

Source of data for Reykjavik model

Close
Riga , Latvia
₽39006
₽30727
₽39579
₽21573
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
75 000
microenterprise
-
-
-
11 249
income
-
-
-
-
surtax
-
-
-
-
social contributions

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

-
-
-
3 177
total
-
-
-
14 426
Employee
29 489
-
60 439
-
social contributions

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

3 244
-
6 649
-
surtax
-
-
-
-
income
5 249
-
11 222
-
total
8 493
-
17 871
-
Employer
29 489
-
60 439
-
social contributions

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

7 103
-
14 561
-
surtax
-
-
-
-
total
7 103
-
14 561
-
Corporate
38 408
75 000
-
-
income

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

7 682
14 999
-
-
total
7 682
14 999
-
-
Dividends

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

30 727
60 001
-
-
total
-
-
-
-
Income
75 000
75 000
75 000
75 000
Total tax
23 278
14 999
32 432
14 426
After tax
51 722
60 001
42 568
60 574
Living cost
20 995
20 995
20 995
20 995
Free-cash
30 727
39 006
21 573
39 579

Estimated living cost  is ₽20995 per week

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

Source of data for Riga model

Close
Rotterdam , Netherlands
-₽19547
-₽25212
₽441
-₽25212
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
75 000
income
-
-
-
9 845
pensions
-
-
-
11 824
health
-
-
-
10 614
total
-
-
-
32 283
Employee
86 180
86 180
86 180
-
health
13 228
11 251
13 228
-
income

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

14 106
14 106
14 106
-
pensions
15 512
11 824
15 512
-
total
42 846
37 181
42 846
-
Employer
86 180
86 180
86 180
-
unemployment
3 102
3 102
3 102
-
pensions
5 998
5 998
5 998
-
health
5 990
5 990
5 990
-
total
15 090
15 090
15 090
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
75 000
75 000
75 000
75 000
Total tax
57 936
52 271
57 936
32 283
After tax
17 064
22 729
17 064
42 717
Living cost
42 276
42 276
42 276
42 276
Free-cash
-25 212
-19 547
-25 212
441

Estimated living cost  is ₽42276 per week

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

Source of data for Rotterdam model

Close
Stockholm , Sweden
₽1958
₽1083
-₽1606
₽1059
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
75 000
municipal
-
-
-
15 886
accident
-
-
-
150
pensions
-
-
-
8 108
other
-
-
-
8 715
unemployment
-
-
-
75
health
-
-
-
4 680
national
-
-
-
-
total
-
-
-
37 614
Employee
55 560
-
57 069
-
municipal
16 568
-
17 018
-
national
-
-
-
-
total
16 568
-
17 018
-
Employer
55 560
-
57 069
-
accident
111
-
114
-
other
6 456
-
6 631
-
unemployment
1 467
-
1 507
-
pensions
6 006
-
6 169
-
health
3 417
-
3 510
-
total
17 457
-
17 931
-
Corporate
1 983
75 000
-
-
income
436
16 500
-
-
total
436
16 500
-
-
Dividends
1 547
58 500
-
-
withholding
464
17 550
-
-
total
464
17 550
-
-
Income
75 000
75 000
75 000
75 000
Total tax
34 925
34 050
34 949
37 614
After tax
40 075
40 950
40 051
37 386
Living cost
38 992
38 992
38 992
38 992
Free-cash
1 083
1 958
1 059
-1 606

Estimated living cost  is ₽38992 per week

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

Source of data for Stockholm model

Close
Hamburg , Germany
-₽2035
₽12147
₽11539
₽16158
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
75 000
trade
-
-
-
4 619
income

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

-
-
-
11 661
health

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

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

-
-
-
6 894
surtax

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

-
-
-
642
total
-
-
-
23 816
Employee

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

51 178
-
75 000
-
health

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

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

6 894
-
6 894
-
surtax

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

241
-
642
-
income

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

4 397
-
11 661
-
total
11 532
-
19 197
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
23 822
75 000
-
-
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.

197
619
-
-
income
3 574
11 249
-
-
trade
3 918
12 337
-
-
chamber of commerce
188
260
-
-
total
7 877
24 465
-
-
Dividends
15 945
50 534
-
-
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.

197
674
-
-
withholding
3 602
12 251
-
-
total
3 799
12 925
-
-
Income
75 000
75 000
75 000
75 000
Total tax
23 208
37 390
19 197
23 816
After tax
51 792
37 610
55 803
51 184
Living cost
39 645
39 645
39 645
39 645
Free-cash
12 147
-2 035
16 158
11 539

Estimated living cost  is ₽39645 per week

₽26515
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4181
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽592
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8358
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Hamburg model

Close
Limassol , Cyprus
₽19445
₽18130
₽23457
₽21079
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
75 000
income
-
-
-
5 198
health
-
-
-
1 913
social contributions
-
-
-
11 699
total
-
-
-
18 810
Employee
77 601
77 601
77 601
-
social contributions
3 771
6 441
5 651
-
health
772
1 320
1 157
-
income
8 149
7 184
7 469
-
total
12 692
14 945
14 277
-
Employer
77 601
77 601
77 601
-
social contributions
3 771
6 441
5 651
-
health
841
1 436
1 260
-
total
4 612
7 877
6 911
-
Corporate
24 964
-
-
-
income
3 120
-
-
-
total
3 120
-
-
-
Dividends
21 844
-
-
-
withholding
3 713
-
-
-
total
3 713
-
-
-
Income
75 000
75 000
75 000
75 000
Total tax
24 137
22 822
21 188
18 810
After tax
50 863
52 178
53 812
56 190
Living cost
32 733
32 733
32 733
32 733
Free-cash
18 130
19 445
21 079
23 457

Estimated living cost  is ₽32733 per week

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

Source of data for Limassol model

Close
Budapest , Hungary
₽24011
₽24392
₽33620
₽25143
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
75 000
income
-
-
-
9 169
pensions
-
-
-
7 500
unemployment
-
-
-
1 125
health
-
-
-
5 250
total
-
-
-
23 044
Employee

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

The minimum wage is 138,000 HUF per month.

26 469
10 534
62 762
-
health
1 853
737
4 393
-
income
3 236
1 288
7 673
-
pensions
2 647
1 053
6 276
-
unemployment
397
158
941
-
total
8 133
3 236
19 283
-
Employer

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

The minimum wage is 138,000 HUF per month.

26 469
10 534
62 762
-
pensions
5 161
2 054
12 238
-
total
5 161
2 054
12 238
-
Corporate
43 370
62 412
-
-
income
3 903
5 617
-
-
total
3 903
5 617
-
-
Dividends
39 467
56 795
-
-
social contributions
7 576
10 955
-
-
withholding
7 499
10 791
-
-
total
15 075
21 746
-
-
Income
75 000
75 000
75 000
75 000
Total tax
32 272
32 653
31 521
23 044
After tax
42 728
42 347
43 479
51 956
Living cost
18 336
18 336
18 336
18 336
Free-cash
24 392
24 011
25 143
33 620

Estimated living cost  is ₽18336 per week

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

Source of data for Budapest model

Close
Tallinn , Estonia
₽35626
₽29355
₽15825
₽18856
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
75 000
income
-
-
-
10 051
pensions
-
-
-
14 999
health
-
-
-
9 750
total
-
-
-
34 800
Employee
28 629
-
56 054
-
income
3 223
-
10 807
-
pensions
573
-
1 120
-
unemployment
458
-
896
-
total
4 254
-
12 823
-
Employer
28 629
-
56 054
-
unemployment
230
-
448
-
pensions
5 726
-
11 211
-
health
3 721
-
7 287
-
total
9 677
-
18 946
-
Corporate
36 694
75 000
-
-
income
7 339
14 999
-
-
total
7 339
14 999
-
-
Dividends
29 355
60 001
-
-
total
-
-
-
-
Income
75 000
75 000
75 000
75 000
Total tax
21 270
14 999
31 769
34 800
After tax
53 730
60 001
43 231
40 200
Living cost
24 375
24 375
24 375
24 375
Free-cash
29 355
35 626
18 856
15 825

Estimated living cost  is ₽24375 per week

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

Source of data for Tallinn model

Close
Gdansk , Poland
-₽15997
₽2689
₽29565
₽16060
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
75 000
accident
-
-
-
253
income
-
-
-
16 376
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
23 363
Employee
34 721
-
62 302
-
health
3 975
-
7 134
-
income
4 763
-
10 021
-
pensions
3 910
-
7 015
-
total
12 648
-
24 170
-
Employer
34 721
-
62 302
-
accident
580
-
1 040
-
unemployment
851
-
1 527
-
pensions
5 646
-
10 131
-
total
7 077
-
12 698
-
Corporate
33 203
75 000
-
-
income

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

29 883
67 500
-
-
total
29 883
67 500
-
-
Dividends
3 321
7 500
-
-
withholding
631
1 425
-
-
total
631
1 425
-
-
Income
75 000
75 000
75 000
75 000
Total tax
50 239
68 925
36 868
23 363
After tax
24 761
6 075
38 132
51 637
Living cost
22 072
22 072
22 072
22 072
Free-cash
2 689
-15 997
16 060
29 565

Estimated living cost  is ₽22072 per week

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

Additional information

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

Source of data for Gdansk model

Close
Batumi , Georgia
₽62170
₽60468
₽65170
₽50920
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
75 000
microenterprise

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

-
-
-
750
total
-
-
-
750
Employee
11 349
-
75 000
-
income
2 270
-
15 000
-
total
2 270
-
15 000
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

63 651
75 000
-
-
total
-
-
-
-
Dividends
63 651
75 000
-
-
withholding
3 182
3 750
-
-
total
3 182
3 750
-
-
Income
75 000
75 000
75 000
75 000
Total tax
5 452
3 750
15 000
750
After tax
69 548
71 250
60 000
74 250
Living cost
9 080
9 080
9 080
9 080
Free-cash
60 468
62 170
50 920
65 170

Estimated living cost  is ₽9080 per week

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

Additional information

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

Source of data for Batumi model

Close
Bratislava , Slovakia
₽28211
₽21397
₽13721
₽17071
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
75 000
income
-
-
-
9 526
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.

-
-
-
18 000
other
-
-
-
3 562
health
-
-
-
3 300
total
-
-
-
34 388
Employee
36 642
-
59 905
-
health
513
-
839
-
income
6 308
-
10 313
-
pensions

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

2 564
-
4 192
-
unemployment
366
-
599
-
total
9 751
-
15 943
-
Employer
36 642
-
59 905
-
accident
293
-
479
-
other
1 833
-
2 995
-
unemployment
366
-
599
-
pensions

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

6 230
-
10 183
-
health
513
-
839
-
total
9 235
-
15 095
-
Corporate
29 123
75 000
-
-
income
6 115
15 750
-
-
total
6 115
15 750
-
-
Dividends
23 008
59 250
-
-
withholding
1 611
4 148
-
-
total
1 611
4 148
-
-
Income
75 000
75 000
75 000
75 000
Total tax
26 712
19 898
31 038
34 388
After tax
48 288
55 102
43 962
40 612
Living cost
26 891
26 891
26 891
26 891
Free-cash
21 397
28 211
17 071
13 721

Estimated living cost  is ₽26891 per week

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

Source of data for Bratislava model

Close
London , United Kingdom
-₽11533
-₽33956
-₽11772
-₽19906
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
75 000
income
-
-
-
13 988
pensions
-
-
-
5 058
total
-
-
-
19 046
Employee
95 822
-
66 474
-
health
1 579
-
977
-
income
17 273
-
11 954
-
pensions
9 244
-
5 723
-
total
28 096
-
18 654
-
Employer
95 822
-
66 474
-
pensions
11 314
-
7 264
-
health
1 820
-
1 262
-
total
13 134
-
8 526
-
Corporate
-
75 000
-
-
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.

-
14 251
-
-
total
-
14 251
-
-
Dividends
-
60 749
-
-
withholding
-
4 556
-
-
total
-
4 556
-
-
Income
75 000
75 000
75 000
75 000
Total tax
41 230
18 807
27 180
19 046
After tax
33 770
56 193
47 820
55 954
Living cost
67 726
67 726
67 726
67 726
Free-cash
-33 956
-11 533
-19 906
-11 772

Estimated living cost  is ₽67726 per week

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

Additional information

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

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

Source of data for London model

Close
Varna , Bulgaria
₽50886
₽46196
₽41094
₽42925
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
75 000
income
-
-
-
11 250
pensions

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

-
-
-
5 220
unemployment
-
-
-
141
health
-
-
-
4 056
total
-
-
-
20 667
Employee
17 531
-
68 080
-
health
806
-
1 622
-
accident

We are using the highest rate at 1.1%.

193
-
388
-
income
1 753
-
6 808
-
pensions

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

1 539
-
3 097
-
total
4 291
-
11 915
-
Employer
17 531
-
68 080
-
accident

We are using the highest rate at 1.1%.

193
-
388
-
unemployment
105
-
212
-
pensions

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

1 932
-
3 887
-
health
1 210
-
2 434
-
total
3 440
-
6 921
-
Corporate
54 029
75 000
-
-
income
5 402
7 500
-
-
total
5 402
7 500
-
-
Dividends
48 627
67 500
-
-
withholding
2 432
3 375
-
-
total
2 432
3 375
-
-
Income
75 000
75 000
75 000
75 000
Total tax
15 565
10 875
18 836
20 667
After tax
59 435
64 125
56 164
54 333
Living cost
13 239
13 239
13 239
13 239
Free-cash
46 196
50 886
42 925
41 094

Estimated living cost  is ₽13239 per week

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

Source of data for Varna model

Close
Amsterdam , Netherlands
-₽33232
-₽34946
-₽13244
-₽38897
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
75 000
income
-
-
-
9 845
pensions
-
-
-
11 824
health
-
-
-
10 614
total
-
-
-
32 283
Employee
93 564
86 180
86 180
-
health
11 673
11 251
13 228
-
income

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

14 106
14 106
14 106
-
pensions
11 824
11 824
15 512
-
total
37 603
37 181
42 846
-
Employer
93 564
86 180
86 180
-
unemployment
3 369
3 102
3 102
-
pensions
6 511
5 998
5 998
-
health
6 502
5 990
5 990
-
total
16 382
15 090
15 090
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
75 000
75 000
75 000
75 000
Total tax
53 985
52 271
57 936
32 283
After tax
21 015
22 729
17 064
42 717
Living cost
55 961
55 961
55 961
55 961
Free-cash
-34 946
-33 232
-38 897
-13 244

Estimated living cost  is ₽55961 per week

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

Source of data for Amsterdam model

Close
Brno , Czech Republic
₽27467
₽18845
₽12358
₽13889
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
75 000
income
-
-
-
6 446
health
-
-
-
10 125
solidarity contribution
-
-
-
-
social contributions
-
-
-
21 900
total
-
-
-
38 471
Employee
35 546
-
55 970
-
social contributions
2 310
-
3 638
-
health
4 799
-
7 556
-
solidarity contribution
-
-
-
-
income
4 265
-
6 716
-
total
11 374
-
17 910
-
Employer
35 546
-
55 970
-
social contributions
8 886
-
13 993
-
health
3 199
-
5 037
-
total
12 085
-
19 030
-
Corporate
27 369
75 000
-
-
income
5 200
14 250
-
-
total
5 200
14 250
-
-
Dividends
22 169
60 750
-
-
withholding
3 325
9 112
-
-
total
3 325
9 112
-
-
Income
75 000
75 000
75 000
75 000
Total tax
31 984
23 362
36 940
38 471
After tax
43 016
51 638
38 060
36 529
Living cost
24 171
24 171
24 171
24 171
Free-cash
18 845
27 467
13 889
12 358

Estimated living cost  is ₽24171 per week

₽16789
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1720
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽475
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5187
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Brno model

Close
Milan , Italy
-₽2567
-₽14689
-₽2226
-₽6228
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
75 000
municipal
-
-
-
446
regional
-
-
-
783
national
-
-
-
14 122
social contributions
-
-
-
19 291
total
-
-
-
34 642
Employee
89 690
-
75 000
-
social contributions
30 243
-
25 289
-
regional
846
-
685
-
municipal
475
-
398
-
national
15 541
-
12 272
-
total
47 105
-
38 644
-
Employer
89 690
-
75 000
-
total
-
-
-
-
Corporate
-
75 000
-
-
nationa
-
18 000
-
-
municipal
-
2 924
-
-
total
-
20 924
-
-
Dividends
-
54 075
-
-
withholding
-
14 059
-
-
total
-
14 059
-
-
Income
75 000
75 000
75 000
75 000
Total tax
47 105
34 983
38 644
34 642
After tax
27 895
40 017
36 356
40 358
Living cost
42 584
42 584
42 584
42 584
Free-cash
-14 689
-2 567
-6 228
-2 226

Estimated living cost  is ₽42584 per week

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

Source of data for Milan model

Close
Thessaloniki , Greece
₽24906
₽21764
₽18692
₽17031
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
75 000
income
-
-
-
12 341
pensions
-
-
-
14 999
other
-
-
-
-
unemployment
-
-
-
230
health
-
-
-
5 326
surtax
-
-
-
1 143
total
-
-
-
34 039
Employee
33 373
-
61 956
-
other
-
-
-
-
health
852
-
1 580
-
surtax
109
-
1 019
-
income
5 594
-
11 613
-
pensions
2 225
-
4 133
-
unemployment
2 323
-
4 313
-
total
11 103
-
22 658
-
Employer
33 373
-
61 956
-
other
-
-
-
-
unemployment
1 057
-
1 965
-
pensions
4 449
-
8 258
-
health
1 519
-
2 819
-
total
7 025
-
13 042
-
Corporate
34 602
75 000
-
-
income
8 997
19 500
-
-
total
8 997
19 500
-
-
Dividends
25 605
55 500
-
-
withholding
3 842
8 325
-
-
total
3 842
8 325
-
-
Income
75 000
75 000
75 000
75 000
Total tax
30 967
27 825
35 700
34 039
After tax
44 033
47 175
39 300
40 961
Living cost
22 269
22 269
22 269
22 269
Free-cash
21 764
24 906
17 031
18 692

Estimated living cost  is ₽22269 per week

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

Source of data for Thessaloniki model

Close
Cambridge , United Kingdom
₽9924
₽1957
₽9685
₽1551
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
75 000
income
-
-
-
13 988
pensions
-
-
-
5 058
total
-
-
-
19 046
Employee
64 218
-
66 474
-
health
932
-
977
-
income
11 566
-
11 954
-
pensions
5 451
-
5 723
-
total
17 949
-
18 654
-
Employer
64 218
-
66 474
-
pensions
6 952
-
7 264
-
health
1 220
-
1 262
-
total
8 172
-
8 526
-
Corporate
2 611
75 000
-
-
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.

495
14 251
-
-
total
495
14 251
-
-
Dividends
2 116
60 749
-
-
withholding
158
4 556
-
-
total
158
4 556
-
-
Income
75 000
75 000
75 000
75 000
Total tax
26 774
18 807
27 180
19 046
After tax
48 226
56 193
47 820
55 954
Living cost
46 269
46 269
46 269
46 269
Free-cash
1 957
9 924
1 551
9 685

Estimated living cost  is ₽46269 per week

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

Additional information

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

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

Source of data for Cambridge model

Close
Zurich , Switzerland
-₽41978
-₽22764
-₽13079
-₽16929
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
75 000
city
-
-
-
789
pensions
-
-
-
6 900
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.

-
-
-
1 501
regional
-
-
-
2 069
health
-
-
-
249
national
-
-
-
297
total
-
-
-
11 805
Employee
89 260
-
67 131
-
city
958
-
721
-
regional
2 923
-
1 765
-
health
202
-
151
-
pensions
7 499
-
5 638
-
unemployment
-
-
-
-
national
422
-
249
-
total
12 004
-
8 524
-
Employer
89 260
-
67 131
-
other

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

1 785
-
1 342
-
unemployment
-
-
-
-
pensions
7 499
-
5 638
-
health
202
-
151
-
total
9 486
-
7 131
-
Corporate
-
75 000
-
-
regional
-
15 862
-
-
national
-
6 375
-
-
total
-
22 237
-
-
Dividends
-
52 763
-
-
withholding
-
18 467
-
-
total
-
18 467
-
-
Income
75 000
75 000
75 000
75 000
Total tax
21 490
40 704
15 655
11 805
After tax
53 510
34 296
59 345
63 195
Living cost
76 274
76 274
76 274
76 274
Free-cash
-22 764
-41 978
-16 929
-13 079

Estimated living cost  is ₽76274 per week

₽49600
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6845
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽936
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18893
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

It is extremely rare that a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit) is given a residence permit based on self-employment.

Source of data for Zurich model

Close
Munich , Germany
-₽9005
₽7356
₽4755
₽9572
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
75 000
trade
-
-
-
4 817
income

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

-
-
-
11 661
health

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

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

-
-
-
6 894
surtax

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

-
-
-
642
total
-
-
-
24 014
Employee

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

60 650
-
75 000
-
health

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

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

6 894
-
6 894
-
surtax

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

393
-
642
-
income

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

7 132
-
11 661
-
total
14 419
-
19 197
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
14 350
75 000
-
-
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.

119
619
-
-
income
2 153
11 249
-
-
trade
2 461
12 862
-
-
chamber of commerce
174
259
-
-
total
4 907
24 989
-
-
Dividends
9 443
50 012
-
-
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.

109
666
-
-
withholding
1 978
12 119
-
-
total
2 087
12 785
-
-
Income
75 000
75 000
75 000
75 000
Total tax
21 413
37 774
19 197
24 014
After tax
53 587
37 226
55 803
50 986
Living cost
46 231
46 231
46 231
46 231
Free-cash
7 356
-9 005
9 572
4 755

Estimated living cost  is ₽46231 per week

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

Additional information

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

Source of data for Munich model

Close
Nice , France
₽3274
₽9233
₽10036
₽10296
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
75 000
income
-
-
-
4 208
pensions
-
-
-
21 120
other
-
-
-
2 325
health
-
-
-
649
surtax
-
-
-
-
social contributions
-
-
-
2 135
total
-
-
-
30 437
Employee
43 191
-
57 147
-
social contributions
1 231
-
1 630
-
surtax
-
-
-
-
income
2 549
-
4 236
-
pensions
4 884
-
6 464
-
total
8 664
-
12 330
-
Employer
43 191
-
57 147
-
other
1 490
-
1 971
-
social contributions
130
-
172
-
unemployment
1 748
-
2 315
-
pensions
7 095
-
9 388
-
health
3 024
-
4 001
-
total
13 487
-
17 847
-
Corporate
18 320
75 000
-
-
surtax
-
-
-
-
income
5 131
20 999
-
-
total
5 131
20 999
-
-
Dividends
13 190
54 001
-
-
surtax
-
-
-
-
social contributions
2 269
9 288
-
-
withholding
1 689
6 912
-
-
total
3 958
16 200
-
-
Income
75 000
75 000
75 000
75 000
Total tax
31 240
37 199
30 177
30 437
After tax
43 760
37 801
44 823
44 563
Living cost
34 527
34 527
34 527
34 527
Free-cash
9 233
3 274
10 296
10 036

Estimated living cost  is ₽34527 per week

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

Source of data for Nice model

Close
Marseille , France
₽6694
₽12302
₽13456
₽13716
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
75 000
income
-
-
-
4 208
pensions
-
-
-
21 120
other
-
-
-
2 325
health
-
-
-
649
surtax
-
-
-
-
social contributions
-
-
-
2 135
total
-
-
-
30 437
Employee
38 554
-
57 147
-
social contributions
1 099
-
1 630
-
surtax
-
-
-
-
income
1 988
-
4 236
-
pensions
4 361
-
6 464
-
total
7 448
-
12 330
-
Employer
38 554
-
57 147
-
other
1 331
-
1 971
-
social contributions
115
-
172
-
unemployment
1 561
-
2 315
-
pensions
6 335
-
9 388
-
health
2 698
-
4 001
-
total
12 040
-
17 847
-
Corporate
24 405
75 000
-
-
surtax
-
-
-
-
income
6 833
20 999
-
-
total
6 833
20 999
-
-
Dividends
17 572
54 001
-
-
surtax
-
-
-
-
social contributions
3 022
9 288
-
-
withholding
2 248
6 912
-
-
total
5 270
16 200
-
-
Income
75 000
75 000
75 000
75 000
Total tax
31 591
37 199
30 177
30 437
After tax
43 409
37 801
44 823
44 563
Living cost
31 107
31 107
31 107
31 107
Free-cash
12 302
6 694
13 716
13 456

Estimated living cost  is ₽31107 per week

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

Source of data for Marseille model

Close
Vilnius , Lithuania
₽24357
₽24880
₽26767
₽28237
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
75 000
income
-
-
-
11 249
health
-
-
-
5 236
social contributions
-
-
-
10 349
total
-
-
-
26 834
Employee
34 217
-
75 000
-
social contributions
4 723
-
10 349
-
health
2 388
-
5 236
-
income
5 707
-
9 779
-
total
12 818
-
25 364
-
Employer
34 217
-
75 000
-
total
-
-
-
-
Corporate
40 783
75 000
-
-
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%.

2 040
3 750
-
-
total
2 040
3 750
-
-
Dividends
38 743
71 250
-
-
health
2 704
4 974
-
-
social contributions
5 347
9 832
-
-
withholding
5 812
10 688
-
-
total
13 863
25 494
-
-
Income
75 000
75 000
75 000
75 000
Total tax
28 721
29 244
25 364
26 834
After tax
46 279
45 756
49 636
48 166
Living cost
21 399
21 399
21 399
21 399
Free-cash
24 880
24 357
28 237
26 767

Estimated living cost  is ₽21399 per week

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

Source of data for Vilnius model

Close
Vienna , Austria
₽6916
₽5357
₽4632
-₽9494
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
75 000
chamber of commerce
-
-
-
301
income
-
-
-
8 505
pensions
-
-
-
13 875
unemployment
-
-
-
6 190
health
-
-
-
5 738
surtax
-
-
-
199
total
-
-
-
34 808
Employee
50 434
40 217
58 086
-
other
504
402
580
-
health
1 952
1 557
2 248
-
income
5 742
2 967
7 934
-
pensions
5 165
4 117
5 948
-
unemployment
1 513
1 207
1 743
-
total
14 876
10 250
18 453
-
Employer
50 434
40 217
58 086
-
accident
655
523
755
-
other
2 396
1 909
2 760
-
chamber of commerce
201
161
232
-
unemployment
1 513
1 207
1 743
-
surtax
199
199
199
-
pensions
6 329
5 048
7 289
-
payroll
1 513
1 207
1 743
-
health
1 906
1 521
2 195
-
total
14 712
11 775
16 916
-
Corporate
9 854
23 009
54 255
-
income

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

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

2 463
5 753
13 565
-
total
2 463
5 753
13 565
-
Dividends
7 391
17 256
-
-
withholding
2 032
4 746
-
-
total
2 032
4 746
-
-
Income
75 000
75 000
75 000
75 000
Total tax
34 083
32 524
48 934
34 808
After tax
40 917
42 476
26 066
40 192
Living cost
35 560
35 560
35 560
35 560
Free-cash
5 357
6 916
-9 494
4 632

Estimated living cost  is ₽35560 per week

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

Additional information

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

Source of data for Vienna model

Close
Brussels , Belgium
₽5362
-₽18199
₽955
-₽6009
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
75 000
national
-
-
-
23 068
communal

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

-
-
-
3 882
social contributions
-
-
-
10 299
total
-
-
-
37 249
Employee

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

72 187
-
58 090
-
communal

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

3 765
-
3 030
-
health

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

3 392
-
2 731
-
pensions

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

5 414
-
4 357
-
unemployment

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

628
-
506
-
national
22 193
-
16 678
-
total
35 392
-
27 302
-
Employer

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

72 187
-
58 090
-
accident

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

938
-
755
-
unemployment

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

1 053
-
848
-
surtax
8 185
-
6 588
-
pensions

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

6 396
-
5 146
-
health

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

4 439
-
3 574
-
total
21 011
-
16 911
-
Corporate
-
75 000
-
-
surtax
-
301
-
-
income
-
14 999
-
-
total
-
15 300
-
-
Dividends
-
59 700
-
-
withholding

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

-
17 542
-
-
total
-
17 542
-
-
Income
75 000
75 000
75 000
75 000
Total tax
56 403
32 842
44 213
37 249
After tax
18 597
42 158
30 787
37 751
Living cost
36 796
36 796
36 796
36 796
Free-cash
-18 199
5 362
-6 009
955

Estimated living cost  is ₽36796 per week

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

Source of data for Brussels model

Close
Barcelona , Spain
₽14146
₽6025
₽3818
₽4350
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
75 000
accident
-
-
-
674
income
-
-
-
12 237
pensions
-
-
-
21 225
other
-
-
-
75
unemployment
-
-
-
525
total
-
-
-
34 736
Employee
50 235
-
56 872
-
other
50
-
57
-
income
10 599
-
12 465
-
pensions
2 361
-
2 673
-
unemployment
779
-
881
-
total
13 789
-
16 076
-
Employer
50 235
-
56 872
-
accident
994
-
1 126
-
other
400
-
454
-
unemployment
2 764
-
3 127
-
pensions
11 855
-
13 421
-
total
16 013
-
18 128
-
Corporate
8 753
75 000
-
-
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.

1 314
11 249
-
-
total
1 314
11 249
-
-
Dividends
7 439
63 751
-
-
withholding
1 413
13 159
-
-
total
1 413
13 159
-
-
Income
75 000
75 000
75 000
75 000
Total tax
32 529
24 408
34 204
34 736
After tax
42 471
50 592
40 796
40 264
Living cost
36 446
36 446
36 446
36 446
Free-cash
6 025
14 146
4 350
3 818

Estimated living cost  is ₽36446 per week

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

Source of data for Barcelona model

Close
Luxembourg , Luxembourg
-₽8283
-₽10555
-₽6944
-₽5563
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
75 000
accident
-
-
-
674
income
-
-
-
4 832
pensions
-
-
-
12 000
health
-
-
-
5 625
surtax
-
-
-
3 970
communal
-
-
-
-
total
-
-
-
27 101
Employee
76 425
-
66 993
-
health
3 401
-
2 980
-
surtax
4 684
-
4 106
-
income
7 382
-
5 273
-
pensions
6 113
-
5 358
-
total
21 580
-
17 717
-
Employer
76 425
-
66 993
-
accident
688
-
603
-
pensions
6 113
-
5 358
-
health
2 331
-
2 042
-
total
9 132
-
8 003
-
Corporate
-
75 000
-
-
surtax
-
787
-
-
communal
-
5 062
-
-
income
-
11 249
-
-
total
-
17 098
-
-
Dividends
-
57 902
-
-
income
-
2 657
-
-
withholding
-
8 685
-
-
total
-
11 342
-
-
Income
75 000
75 000
75 000
75 000
Total tax
30 712
28 440
25 720
27 101
After tax
44 288
46 560
49 280
47 899
Living cost
54 843
54 843
54 843
54 843
Free-cash
-10 555
-8 283
-5 563
-6 944

Estimated living cost  is ₽54843 per week

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

Source of data for Luxembourg model

Close
Athens , Greece
₽24508
₽21300
₽18294
₽16633
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
75 000
income
-
-
-
12 341
pensions
-
-
-
14 999
other
-
-
-
-
unemployment
-
-
-
230
health
-
-
-
5 326
surtax
-
-
-
1 143
total
-
-
-
34 039
Employee
33 986
-
61 956
-
other
-
-
-
-
health
868
-
1 580
-
surtax
121
-
1 019
-
income
5 697
-
11 613
-
pensions
2 267
-
4 133
-
unemployment
2 365
-
4 313
-
total
11 318
-
22 658
-
Employer
33 986
-
61 956
-
other
-
-
-
-
unemployment
1 078
-
1 965
-
pensions
4 531
-
8 258
-
health
1 545
-
2 819
-
total
7 154
-
13 042
-
Corporate
33 859
75 000
-
-
income
8 804
19 500
-
-
total
8 804
19 500
-
-
Dividends
25 056
55 500
-
-
withholding
3 757
8 325
-
-
total
3 757
8 325
-
-
Income
75 000
75 000
75 000
75 000
Total tax
31 033
27 825
35 700
34 039
After tax
43 967
47 175
39 300
40 961
Living cost
22 667
22 667
22 667
22 667
Free-cash
21 300
24 508
16 633
18 294

Estimated living cost  is ₽22667 per week

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

Source of data for Athens model

Close
Naples , Italy
₽12238
₽9996
₽12825
₽8848
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
75 000
municipal
-
-
-
446
regional
-
-
-
1 131
national
-
-
-
14 122
social contributions
-
-
-
19 291
total
-
-
-
34 990
Employee
55 981
-
75 000
-
social contributions
18 877
-
25 289
-
regional
754
-
1 008
-
municipal
297
-
398
-
national
8 869
-
12 272
-
total
28 797
-
38 967
-
Employer
55 981
-
75 000
-
total
-
-
-
-
Corporate
19 019
75 000
-
-
nationa
4 564
18 000
-
-
municipal
946
3 727
-
-
total
5 510
21 727
-
-
Dividends
13 509
53 273
-
-
withholding
3 512
13 850
-
-
total
3 512
13 850
-
-
Income
75 000
75 000
75 000
75 000
Total tax
37 819
35 577
38 967
34 990
After tax
37 181
39 423
36 033
40 010
Living cost
27 185
27 185
27 185
27 185
Free-cash
9 996
12 238
8 848
12 825

Estimated living cost  is ₽27185 per week

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

Source of data for Naples model

Close
Prague , Czech Republic
₽21853
₽11228
₽6744
₽8275
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
75 000
income
-
-
-
6 446
health
-
-
-
10 125
solidarity contribution
-
-
-
-
social contributions
-
-
-
21 900
total
-
-
-
38 471
Employee
43 801
-
55 970
-
social contributions
2 847
-
3 638
-
health
5 913
-
7 556
-
solidarity contribution
-
-
-
-
income
5 256
-
6 716
-
total
14 016
-
17 910
-
Employer
43 801
-
55 970
-
social contributions
10 950
-
13 993
-
health
3 942
-
5 037
-
total
14 892
-
19 030
-
Corporate
16 306
75 000
-
-
income
3 098
14 250
-
-
total
3 098
14 250
-
-
Dividends
13 208
60 750
-
-
withholding
1 981
9 112
-
-
total
1 981
9 112
-
-
Income
75 000
75 000
75 000
75 000
Total tax
33 987
23 362
36 940
38 471
After tax
41 013
51 638
38 060
36 529
Living cost
29 785
29 785
29 785
29 785
Free-cash
11 228
21 853
8 275
6 744

Estimated living cost  is ₽29785 per week

₽22150
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1650
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽515
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5470
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Prague model

Close
Graz , Austria
₽10388
₽9891
₽8194
-₽6082
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
75 000
chamber of commerce
-
-
-
301
income
-
-
-
8 505
pensions
-
-
-
13 875
unemployment
-
-
-
6 190
health
-
-
-
5 738
surtax
-
-
-
-
total
-
-
-
34 609
Employee
44 114
40 217
58 237
-
other
440
402
582
-
health
1 706
1 557
2 254
-
income
3 930
2 967
7 978
-
pensions
4 518
4 117
5 964
-
unemployment
1 323
1 207
1 747
-
total
11 917
10 250
18 525
-
Employer
44 114
40 217
58 237
-
accident
573
523
756
-
other
2 095
1 909
2 765
-
chamber of commerce
176
161
234
-
unemployment
1 323
1 207
1 747
-
surtax
-
-
-
-
pensions
5 537
5 048
7 308
-
payroll
1 323
1 207
1 747
-
health
1 668
1 521
2 200
-
total
12 695
11 576
16 757
-
Corporate
18 190
23 208
54 413
-
income

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

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

4 548
5 803
13 603
-
total
4 548
5 803
13 603
-
Dividends
13 642
17 405
-
-
withholding
3 752
4 786
-
-
total
3 752
4 786
-
-
Income
75 000
75 000
75 000
75 000
Total tax
32 912
32 415
48 885
34 609
After tax
42 088
42 585
26 115
40 391
Living cost
32 197
32 197
32 197
32 197
Free-cash
9 891
10 388
-6 082
8 194

Estimated living cost  is ₽32197 per week

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

Additional information

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

Source of data for Graz model

Close
Tbilisi , Georgia
₽57101
₽54449
₽60101
₽45851
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
75 000
microenterprise

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

-
-
-
750
total
-
-
-
750
Employee
17 686
-
75 000
-
income
3 537
-
15 000
-
total
3 537
-
15 000
-
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%.

57 314
75 000
-
-
total
-
-
-
-
Dividends
57 314
75 000
-
-
withholding
2 865
3 750
-
-
total
2 865
3 750
-
-
Income
75 000
75 000
75 000
75 000
Total tax
6 402
3 750
15 000
750
After tax
68 598
71 250
60 000
74 250
Living cost
14 149
14 149
14 149
14 149
Free-cash
54 449
57 101
45 851
60 101

Estimated living cost  is ₽14149 per week

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

Additional information

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

Source of data for Tbilisi model

Close
Ljubljana , Slovenia
₽24569
₽16128
₽12869
₽10724
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
75 000
income
-
-
-
13 871
pensions
-
-
-
13 697
unemployment
-
-
-
113
health
-
-
-
7 381
total
-
-
-
35 062
Employee

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

44 626
-
64 896
-
health
2 882
-
4 192
-
income
7 696
-
12 764
-
pensions
6 917
-
10 058
-
unemployment
63
-
90
-
total
17 558
-
27 104
-
Employer

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

44 626
-
64 896
-
unemployment
27
-
38
-
pensions
3 949
-
5 743
-
health
2 972
-
4 322
-
total
6 948
-
10 103
-
Corporate
23 426
75 000
-
-
income
4 451
14 250
-
-
total
4 451
14 250
-
-
Dividends
18 975
60 750
-
-
withholding
2 846
9 112
-
-
total
2 846
9 112
-
-
Income
75 000
75 000
75 000
75 000
Total tax
31 803
23 362
37 207
35 062
After tax
43 197
51 638
37 793
39 938
Living cost
27 069
27 069
27 069
27 069
Free-cash
16 128
24 569
10 724
12 869

Estimated living cost  is ₽27069 per week

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

Source of data for Ljubljana model

Close
Oslo , Norway
₽2046
-₽75609
₽8247
₽18128
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
75 000
income
-
-
-
14 619
social contributions
-
-
-
8 550
total
-
-
-
23 169
Employee
62 493
-
-
-
social contributions
5 124
-
730
-
income
13 785
-
-
-
total
18 909
-
730
-
Employer
62 493
-
-
-
social contributions
88 116
-
12 558
-
total
88 116
-
12 558
-
Corporate
-
75 000
-
-
income
-
16 500
-
-
total
-
16 500
-
-
Dividends
-
58 500
-
-
income
-
12 870
-
-
total
-
12 870
-
-
Income
75 000
75 000
75 000
75 000
Total tax
107 025
29 370
13 288
23 169
After tax
-32 025
45 630
61 712
51 831
Living cost
43 584
43 584
43 584
43 584
Free-cash
-75 609
2 046
18 128
8 247

Estimated living cost  is ₽43584 per week

₽28279
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4099
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽555
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10650
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Oslo model

Close
Lisbon , Portugal
₽11004
₽9989
₽10960
₽8088
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
75 000
income
-
-
-
6 322
surtax
-
-
-
-
social contributions

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

-
-
-
26 063
total
-
-
-
32 385
Employee
46 415
-
60 606
-
social contributions
5 106
-
6 667
-
surtax
-
-
-
-
income
9 654
-
14 196
-
total
14 760
-
20 863
-
Employer
46 415
-
60 606
-
social contributions
11 023
-
14 394
-
total
11 023
-
14 394
-
Corporate
17 562
75 000
-
-
surtax
-
-
-
-
income
3 689
15 750
-
-
total
3 689
15 750
-
-
Dividends
13 874
59 250
-
-
withholding
3 884
16 591
-
-
total
3 884
16 591
-
-
Income
75 000
75 000
75 000
75 000
Total tax
33 356
32 341
35 257
32 385
After tax
41 644
42 659
39 743
42 615
Living cost
31 655
31 655
31 655
31 655
Free-cash
9 989
11 004
8 088
10 960

Estimated living cost  is ₽31655 per week

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

Source of data for Lisbon model

Close
Paris , France
-₽10941
-₽7948
-₽4179
-₽3919
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
75 000
income
-
-
-
4 208
pensions
-
-
-
21 120
other
-
-
-
2 325
health
-
-
-
649
surtax
-
-
-
-
social contributions
-
-
-
2 135
total
-
-
-
30 437
Employee
63 207
-
57 147
-
social contributions
1 800
-
1 630
-
surtax
-
-
-
-
income
5 515
-
4 236
-
pensions
7 149
-
6 464
-
total
14 464
-
12 330
-
Employer
63 207
-
57 147
-
other
2 181
-
1 971
-
social contributions
190
-
172
-
unemployment
2 561
-
2 315
-
pensions
10 386
-
9 388
-
health
4 424
-
4 001
-
total
19 742
-
17 847
-
Corporate
-
75 000
-
-
surtax
-
-
-
-
income
-
20 999
-
-
total
-
20 999
-
-
Dividends
-
54 001
-
-
surtax
-
-
-
-
social contributions
-
9 288
-
-
withholding
-
6 912
-
-
total
-
16 200
-
-
Income
75 000
75 000
75 000
75 000
Total tax
34 206
37 199
30 177
30 437
After tax
40 794
37 801
44 823
44 563
Living cost
48 742
48 742
48 742
48 742
Free-cash
-7 948
-10 941
-3 919
-4 179

Estimated living cost  is ₽48742 per week

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

Source of data for Paris model

Close
Andorra , Andorra
₽37164
₽33772
₽27539
₽29642
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
75 000
income
-
-
-
626
social contributions
-
-
-
16 499
total
-
-
-
17 125
Employee
32 444
-
64 934
-
income
-
-
737
-
social contributions
2 109
-
4 221
-
total
2 109
-
4 958
-
Employer
32 444
-
64 934
-
social contributions
5 029
-
10 064
-
total
5 029
-
10 064
-
Corporate
37 527
75 000
-
-
income
3 754
7 500
-
-
total
3 754
7 500
-
-
Dividends
33 773
67 500
-
-
total
-
-
-
-
Income
75 000
75 000
75 000
75 000
Total tax
10 892
7 500
15 022
17 125
After tax
64 108
67 500
59 978
57 875
Living cost
30 336
30 336
30 336
30 336
Free-cash
33 772
37 164
29 642
27 539

Estimated living cost  is ₽30336 per week

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

Additional information

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

Source of data for Andorra model

Close
Copenhagen , Denmark
-₽144973
-₽144973
-₽1035
-₽144973
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
75 000
municipal
-
-
-
13 049
pensions
-
-
-
875
national
-
-
-
7 558
labour market
-
-
-
5 930
total
-
-
-
27 412
Employee
205 227
205 227
205 227
-
labour market
16 395
16 395
16 395
-
national
25 072
25 072
25 072
-
municipal
43 702
43 702
43 702
-
pensions
292
292
292
-
total
85 461
85 461
85 461
-
Employer
205 227
205 227
205 227
-
labour market
16 418
16 418
16 418
-
municipal
43 772
43 772
43 772
-
pensions
583
583
583
-
national
25 116
25 116
25 116
-
total
85 889
85 889
85 889
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
75 000
75 000
75 000
75 000
Total tax
171 350
171 350
171 350
27 412
After tax
-96 350
-96 350
-96 350
47 588
Living cost
48 623
48 623
48 623
48 623
Free-cash
-144 973
-144 973
-144 973
-1 035

Estimated living cost  is ₽48623 per week

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

Source of data for Copenhagen model

Close
Krakow , Poland
-₽15671
₽2741
₽29891
₽16386
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
75 000
accident
-
-
-
253
income
-
-
-
16 376
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
23 363
Employee
34 209
-
62 302
-
health
3 917
-
7 134
-
income
4 693
-
10 021
-
pensions
3 852
-
7 015
-
total
12 462
-
24 170
-
Employer
34 209
-
62 302
-
accident
571
-
1 040
-
unemployment
838
-
1 527
-
pensions
5 562
-
10 131
-
total
6 971
-
12 698
-
Corporate
33 820
75 000
-
-
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.

30 438
67 500
-
-
total
30 438
67 500
-
-
Dividends
3 382
7 500
-
-
withholding
642
1 425
-
-
total
642
1 425
-
-
Income
75 000
75 000
75 000
75 000
Total tax
50 513
68 925
36 868
23 363
After tax
24 487
6 075
38 132
51 637
Living cost
21 746
21 746
21 746
21 746
Free-cash
2 741
-15 671
16 386
29 891

Estimated living cost  is ₽21746 per week

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

Additional information

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

Source of data for Krakow model

Close
Helsinki , Finland
₽12477
₽8226
₽17055
₽6092
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
75 000
municipal
-
-
-
13 367
health
-
-
-
733
national
-
-
-
5 100
total
-
-
-
19 200
Employee
53 095
-
63 094
-
health
396
-
550
-
municipal
8 697
-
10 321
-
pensions
3 583
-
4 259
-
unemployment
797
-
946
-
national
877
-
2 181
-
total
14 350
-
18 257
-
Employer
53 095
-
63 094
-
accident
54
-
63
-
unemployment
345
-
410
-
pensions
9 212
-
10 947
-
health
408
-
486
-
total
10 019
-
11 906
-
Corporate
11 887
75 000
-
-
income
2 377
14 999
-
-
total
2 377
14 999
-
-
Dividends

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

7 133
45 001
-
-
national
-
678
-
-
municipal
1 283
8 101
-
-
total
1 283
8 779
-
-
Income
75 000
75 000
75 000
75 000
Total tax
28 029
23 778
30 163
19 200
After tax
46 971
51 222
44 837
55 800
Living cost
38 745
38 745
38 745
38 745
Free-cash
8 226
12 477
6 092
17 055

Estimated living cost  is ₽38745 per week

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

Additional information

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

Source of data for Helsinki model

Close
Larnaca , Cyprus
₽28813
₽26192
₽32825
₽30447
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
75 000
income
-
-
-
5 198
health
-
-
-
1 913
social contributions
-
-
-
11 699
total
-
-
-
18 810
Employee
77 601
77 601
77 601
-
social contributions
2 934
6 441
5 651
-
health
601
1 320
1 157
-
income
8 449
7 184
7 469
-
total
11 984
14 945
14 277
-
Employer
77 601
77 601
77 601
-
social contributions
2 934
6 441
5 651
-
health
653
1 436
1 260
-
total
3 587
7 877
6 911
-
Corporate
36 063
-
-
-
income
4 508
-
-
-
total
4 508
-
-
-
Dividends
31 555
-
-
-
withholding
5 364
-
-
-
total
5 364
-
-
-
Income
75 000
75 000
75 000
75 000
Total tax
25 443
22 822
21 188
18 810
After tax
49 557
52 178
53 812
56 190
Living cost
23 365
23 365
23 365
23 365
Free-cash
26 192
28 813
30 447
32 825

Estimated living cost  is ₽23365 per week

₽14003
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2292
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽517
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6554
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Larnaca model

Close
Podgorica , Montenegro
₽46084
₽40949
₽42095
₽30323
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
75 000
income
-
-
-
6 782
pensions
-
-
-
6 419
unemployment
-
-
-
29
health
-
-
-
3 652
total
-
-
-
16 882
Employee

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

23 164
-
67 995
-
health
1 969
-
5 780
-
income
1 584
-
5 328
-
pensions
3 474
-
10 200
-
unemployment
115
-
341
-
total
7 142
-
21 649
-
Employer

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

23 164
-
67 995
-
unemployment
115
-
341
-
pensions
1 274
-
3 740
-
health
996
-
2 924
-
total
2 385
-
7 005
-
Corporate
49 451
75 000
-
-
income
4 451
6 751
-
-
total
4 451
6 751
-
-
Dividends
45 001
68 249
-
-
withholding
4 050
6 142
-
-
total
4 050
6 142
-
-
Income
75 000
75 000
75 000
75 000
Total tax
18 028
12 893
28 654
16 882
After tax
56 972
62 107
46 346
58 118
Living cost
16 023
16 023
16 023
16 023
Free-cash
40 949
46 084
30 323
42 095

Estimated living cost  is ₽16023 per week

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

Source of data for Podgorica model

Close
Valencia , Spain
₽22841
₽17547
₽12513
₽13045
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
75 000
accident
-
-
-
674
income
-
-
-
12 237
pensions
-
-
-
21 225
other
-
-
-
75
unemployment
-
-
-
525
total
-
-
-
34 736
Employee
37 315
-
56 872
-
other
36
-
57
-
income
7 194
-
12 465
-
pensions
1 754
-
2 673
-
unemployment
578
-
881
-
total
9 562
-
16 076
-
Employer
37 315
-
56 872
-
accident
739
-
1 126
-
other
299
-
454
-
unemployment
2 053
-
3 127
-
pensions
8 806
-
13 421
-
total
11 897
-
18 128
-
Corporate
25 788
75 000
-
-
income

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

3 869
11 249
-
-
total
3 869
11 249
-
-
Dividends
21 919
63 751
-
-
withholding
4 374
13 159
-
-
total
4 374
13 159
-
-
Income
75 000
75 000
75 000
75 000
Total tax
29 702
24 408
34 204
34 736
After tax
45 298
50 592
40 796
40 264
Living cost
27 751
27 751
27 751
27 751
Free-cash
17 547
22 841
13 045
12 513

Estimated living cost  is ₽27751 per week

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

Source of data for Valencia model

Close
Istanbul , Turkey
₽44044
₽43590
₽44376
₽44178
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
75 000
income
-
-
-
24 401
pensions
-
-
-
2 010
health
-
-
-
1 457
total
-
-
-
27 868
Employee
4 198
-
72 738
-
health
210
-
503
-
income
812
-
24 295
-
pensions
378
-
905
-
unemployment
42
-
101
-
total
1 442
-
25 804
-
Employer
4 198
-
72 738
-
unemployment
84
-
201
-
pensions
462
-
1 106
-
health
399
-
955
-
total
945
-
2 262
-
Corporate
69 858
75 000
-
-
income
15 369
16 500
-
-
total
15 369
16 500
-
-
Dividends
54 489
58 500
-
-
withholding
10 898
11 700
-
-
total
10 898
11 700
-
-
Income
75 000
75 000
75 000
75 000
Total tax
28 654
28 200
28 066
27 868
After tax
46 346
46 800
46 934
47 132
Living cost
2 756
2 756
2 756
2 756
Free-cash
43 590
44 044
44 178
44 376

Estimated living cost  is ₽2756 per week

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

Source of data for Istanbul model

Close
Belgrade , Serbia
₽36734
₽31770
₽19089
₽21785
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
75 000
income
-
-
-
10 265
pensions
-
-
-
19 392
unemployment
-
-
-
1 119
health
-
-
-
7 682
total
-
-
-
38 458
Employee

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

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

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

26 319
-
63 613
-
health
1 355
-
3 276
-
income
3 628
-
11 716
-
pensions
3 685
-
8 906
-
unemployment
197
-
477
-
total
8 865
-
24 375
-
Employer

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

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

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

26 319
-
63 613
-
unemployment
197
-
477
-
pensions
3 158
-
7 634
-
health
1 355
-
3 276
-
total
4 710
-
11 387
-
Corporate
43 970
75 000
-
-
income
6 596
11 250
-
-
total
6 596
11 250
-
-
Dividends
37 375
63 750
-
-
withholding
5 606
9 563
-
-
total
5 606
9 563
-
-
Income
75 000
75 000
75 000
75 000
Total tax
25 777
20 813
35 762
38 458
After tax
49 223
54 187
39 238
36 542
Living cost
17 453
17 453
17 453
17 453
Free-cash
31 770
36 734
21 785
19 089

Estimated living cost  is ₽17453 per week

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

Source of data for Belgrade model

Close
Porto , Portugal
₽15452
₽15090
₽15408
₽12536
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
75 000
income
-
-
-
6 322
surtax
-
-
-
-
social contributions

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

-
-
-
26 063
total
-
-
-
32 385
Employee
39 169
-
60 606
-
social contributions
4 309
-
6 667
-
surtax
-
-
-
-
income
7 653
-
14 196
-
total
11 962
-
20 863
-
Employer
39 169
-
60 606
-
social contributions
9 302
-
14 394
-
total
9 302
-
14 394
-
Corporate
26 530
75 000
-
-
surtax
-
-
-
-
income
5 571
15 750
-
-
total
5 571
15 750
-
-
Dividends
20 959
59 250
-
-
withholding
5 868
16 591
-
-
total
5 868
16 591
-
-
Income
75 000
75 000
75 000
75 000
Total tax
32 703
32 341
35 257
32 385
After tax
42 297
42 659
39 743
42 615
Living cost
27 207
27 207
27 207
27 207
Free-cash
15 090
15 452
12 536
15 408

Estimated living cost  is ₽27207 per week

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

Source of data for Porto model

Close
Madrid , Spain
₽15125
₽7381
₽4797
₽5329
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
75 000
accident
-
-
-
674
income
-
-
-
12 237
pensions
-
-
-
21 225
other
-
-
-
75
unemployment
-
-
-
525
total
-
-
-
34 736
Employee
48 739
-
56 872
-
other
48
-
57
-
income
10 180
-
12 465
-
pensions
2 290
-
2 673
-
unemployment
755
-
881
-
total
13 273
-
16 076
-
Employer
48 739
-
56 872
-
accident
965
-
1 126
-
other
391
-
454
-
unemployment
2 681
-
3 127
-
pensions
11 502
-
13 421
-
total
15 539
-
18 128
-
Corporate
10 722
75 000
-
-
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.

1 609
11 249
-
-
total
1 609
11 249
-
-
Dividends
9 113
63 751
-
-
withholding
1 731
13 159
-
-
total
1 731
13 159
-
-
Income
75 000
75 000
75 000
75 000
Total tax
32 152
24 408
34 204
34 736
After tax
42 848
50 592
40 796
40 264
Living cost
35 467
35 467
35 467
35 467
Free-cash
7 381
15 125
5 329
4 797

Estimated living cost  is ₽35467 per week

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

Source of data for Madrid model

Close
Sofia , Bulgaria
₽46754
₽40600
₽36962
₽38793
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
75 000
income
-
-
-
11 250
pensions

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

-
-
-
5 220
unemployment
-
-
-
141
health
-
-
-
4 056
total
-
-
-
20 667
Employee
23 001
-
68 080
-
health
1 058
-
1 622
-
accident

We are using the highest rate at 1.1%.

253
-
388
-
income
2 300
-
6 808
-
pensions

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

2 019
-
3 097
-
total
5 630
-
11 915
-
Employer
23 001
-
68 080
-
accident

We are using the highest rate at 1.1%.

253
-
388
-
unemployment
138
-
212
-
pensions

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

2 535
-
3 887
-
health
1 587
-
2 434
-
total
4 513
-
6 921
-
Corporate
47 486
75 000
-
-
income
4 749
7 500
-
-
total
4 749
7 500
-
-
Dividends
42 737
67 500
-
-
withholding
2 137
3 375
-
-
total
2 137
3 375
-
-
Income
75 000
75 000
75 000
75 000
Total tax
17 029
10 875
18 836
20 667
After tax
57 971
64 125
56 164
54 333
Living cost
17 371
17 371
17 371
17 371
Free-cash
40 600
46 754
38 793
36 962

Estimated living cost  is ₽17371 per week

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

Source of data for Sofia model

Close
Berlin , Germany
-₽194
₽13010
₽12812
₽16841
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
75 000
trade
-
-
-
4 029
income

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

-
-
-
11 661
health

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

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

-
-
-
6 894
surtax

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

-
-
-
642
total
-
-
-
23 226
Employee

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

50 213
-
75 000
-
health

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

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

6 894
-
6 894
-
surtax

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

228
-
642
-
income

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

4 129
-
11 661
-
total
11 251
-
19 197
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
24 787
75 000
-
-
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.

205
619
-
-
income
3 717
11 249
-
-
trade
3 556
10 763
-
-
chamber of commerce
190
262
-
-
total
7 668
22 893
-
-
Dividends
17 119
52 107
-
-
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.

214
695
-
-
withholding
3 895
12 644
-
-
total
4 109
13 339
-
-
Income
75 000
75 000
75 000
75 000
Total tax
23 028
36 232
19 197
23 226
After tax
51 972
38 768
55 803
51 774
Living cost
38 962
38 962
38 962
38 962
Free-cash
13 010
-194
16 841
12 812

Estimated living cost  is ₽38962 per week

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

Additional information

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

Source of data for Berlin model

Close
Dublin , Ireland
-₽4985
-₽3941
-₽1930
-₽1930
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
75 000
income
-
-
-
13 320
social contributions
-
-
-
6 123
total
-
-
-
19 443
Employee
78 941
-
75 000
-
income
14 896
-
13 320
-
social contributions
6 558
-
6 123
-
total
21 454
-
19 443
-
Employer
78 941
-
75 000
-
total
-
-
-
-
Corporate
-
75 000
-
-
income
-
9 374
-
-
total
-
9 374
-
-
Dividends
-
65 626
-
-
withholding
-
13 124
-
-
total
-
13 124
-
-
Income
75 000
75 000
75 000
75 000
Total tax
21 454
22 498
19 443
19 443
After tax
53 546
52 502
55 557
55 557
Living cost
57 487
57 487
57 487
57 487
Free-cash
-3 941
-4 985
-1 930
-1 930

Estimated living cost  is ₽57487 per week

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

Additional information

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

Source of data for Dublin model

Close
Sliema , Malta
₽6784
₽12632
₽2898
₽18043
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
75 000
income
-
-
-
28 727
health

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

-
-
-
6 741
total
-
-
-
35 468
Employee
46 295
-
70 358
-
income
5 023
-
11 039
-
social contributions
4 638
-
4 642
-
total
9 661
-
15 681
-
Employer
46 295
-
70 358
-
social contributions
4 638
-
4 642
-
total
4 638
-
4 642
-
Corporate
24 066
75 000
-
-
income
8 423
26 250
-
-
total
8 423
26 250
-
-
Dividends
15 644
48 750
-
-
social contributions
3 012
5 332
-
-
total
3 012
5 332
-
-
Income
75 000
75 000
75 000
75 000
Total tax
25 734
31 582
20 323
35 468
After tax
49 266
43 418
54 677
39 532
Living cost
36 634
36 634
36 634
36 634
Free-cash
12 632
6 784
18 043
2 898

Estimated living cost  is ₽36634 per week

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

Source of data for Sliema model

Close
Edinburgh , United Kingdom
₽18578
₽12863
₽18339
₽10205
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
75 000
income
-
-
-
13 988
pensions
-
-
-
5 058
total
-
-
-
19 046
Employee
51 632
-
66 474
-
health
674
-
977
-
income
9 403
-
11 954
-
pensions
3 941
-
5 723
-
total
14 018
-
18 654
-
Employer
51 632
-
66 474
-
pensions
5 216
-
7 264
-
health
981
-
1 262
-
total
6 197
-
8 526
-
Corporate
17 170
75 000
-
-
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.

3 263
14 251
-
-
total
3 263
14 251
-
-
Dividends
13 908
60 749
-
-
withholding
1 044
4 556
-
-
total
1 044
4 556
-
-
Income
75 000
75 000
75 000
75 000
Total tax
24 522
18 807
27 180
19 046
After tax
50 478
56 193
47 820
55 954
Living cost
37 615
37 615
37 615
37 615
Free-cash
12 863
18 578
10 205
18 339

Estimated living cost  is ₽37615 per week

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

Additional information

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

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

Source of data for Edinburgh model

Close
Warsaw , Poland
-₽17825
₽2409
₽27737
₽14232
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
75 000
accident
-
-
-
253
income
-
-
-
16 376
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
23 363
Employee
37 595
-
62 302
-
health
4 304
-
7 134
-
income
5 158
-
10 021
-
pensions
4 233
-
7 015
-
total
13 695
-
24 170
-
Employer
37 595
-
62 302
-
accident
628
-
1 040
-
unemployment
921
-
1 527
-
pensions
6 113
-
10 131
-
total
7 662
-
12 698
-
Corporate
29 744
75 000
-
-
income

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

26 769
67 500
-
-
total
26 769
67 500
-
-
Dividends
2 975
7 500
-
-
withholding
565
1 425
-
-
total
565
1 425
-
-
Income
75 000
75 000
75 000
75 000
Total tax
48 691
68 925
36 868
23 363
After tax
26 309
6 075
38 132
51 637
Living cost
23 900
23 900
23 900
23 900
Free-cash
2 409
-17 825
14 232
27 737

Estimated living cost  is ₽23900 per week

₽17540
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1393
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽481
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4486
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Warsaw model

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Skopje , Macedonia
₽50119
₽45212
₽29933
₽29933
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
75 000
work injury
-
-
-
375
health insurance
-
-
-
5 550
income
-
-
-
10 811
pensions
-
-
-
13 800
unemployment
-
-
-
900
total
-
-
-
31 436
Employee

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

21 810
-
75 000
-
work injury
109
-
375
-
income
2 181
-
10 811
-
pensions
4 013
-
13 800
-
health insurance
1 614
-
5 550
-
unemployment
262
-
900
-
total
8 179
-
31 436
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
53 190
75 000
-
-
income

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

-
-
-
-
total
-
-
-
-
Dividends
53 190
75 000
-
-
withholding
7 978
11 250
-
-
total
7 978
11 250
-
-
Income
75 000
75 000
75 000
75 000
Total tax
16 157
11 250
31 436
31 436
After tax
58 843
63 750
43 564
43 564
Living cost
13 631
13 631
13 631
13 631
Free-cash
45 212
50 119
29 933
29 933

Estimated living cost  is ₽13631 per week

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

Source of data for Skopje model

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Rome , Italy
-₽700
-₽10041
-₽377
-₽4282
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
75 000
municipal
-
-
-
502
regional
-
-
-
1 259
national
-
-
-
14 122
social contributions
-
-
-
19 291
total
-
-
-
35 174
Employee
85 040
-
75 000
-
social contributions
28 675
-
25 289
-
regional
1 284
-
1 070
-
municipal
508
-
448
-
national
14 371
-
12 272
-
total
44 838
-
39 079
-
Employer
85 040
-
75 000
-
total
-
-
-
-
Corporate
-
75 000
-
-
nationa
-
18 000
-
-
municipal
-
3 616
-
-
total
-
21 616
-
-
Dividends
-
53 384
-
-
withholding
-
13 881
-
-
total
-
13 881
-
-
Income
75 000
75 000
75 000
75 000
Total tax
44 838
35 497
39 079
35 174
After tax
30 162
39 503
35 921
39 826
Living cost
40 203
40 203
40 203
40 203
Free-cash
-10 041
-700
-4 282
-377

Estimated living cost  is ₽40203 per week

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

Source of data for Rome model

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