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
₽ 75500
per

Your estimated
City
free-cash

Dresden , Germany
₽7681
₽18844
₽21059
₽25561
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
75 500
trade
-
-
-
4 502
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.

-
-
-
11 829
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.

-
-
-
651
total
-
-
-
23 876
Employee

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

38 597
-
75 500
-
health

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

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

6 894
-
6 894
-
surtax

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

59
-
651
-
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
-
11 829
-
total
8 031
-
19 374
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
36 903
75 500
-
-
surtax

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

304
622
-
-
income
5 536
11 325
-
-
trade
5 812
11 892
-
-
chamber of commerce
207
262
-
-
total
11 859
24 101
-
-
Dividends
25 044
51 398
-
-
surtax

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

324
686
-
-
withholding
5 877
12 467
-
-
total
6 201
13 153
-
-
Income
75 500
75 500
75 500
75 500
Total tax
26 091
37 254
19 374
23 876
After tax
49 409
38 246
56 126
51 624
Living cost
30 565
30 565
30 565
30 565
Free-cash
18 844
7 681
25 561
21 059

Estimated living cost  is ₽30565 per week

₽19226
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.
₽7204
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽3878
-₽10718
-₽4614
-₽4022
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
75 500
municipal
-
-
-
7 551
pensions
-
-
-
9 060
national
-
-
-
11 701
social contributions
-
-
-
812
total
-
-
-
29 124
Employee
79 044
-
65 269
-
municipal
9 763
-
7 843
-
pensions
3 162
-
2 611
-
national
15 129
-
12 154
-
total
28 054
-
22 608
-
Employer
79 044
-
65 269
-
social contributions
850
-
702
-
pensions
6 324
-
5 222
-
total
7 174
-
5 924
-
Corporate
-
75 500
-
-
income

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

-
15 100
-
-
total
-
15 100
-
-
Dividends
-
60 400
-
-
withholding
-
13 288
-
-
total
-
13 288
-
-
Income
75 500
75 500
75 500
75 500
Total tax
35 228
28 388
28 532
29 124
After tax
40 272
47 112
46 968
46 376
Living cost
50 990
50 990
50 990
50 990
Free-cash
-10 718
-3 878
-4 022
-4 614

Estimated living cost  is ₽50990 per week

₽34657
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
₽39406
₽31127
₽40004
₽21850
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
75 500
microenterprise
-
-
-
11 325
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
-
-
-
14 502
Employee
29 487
-
60 843
-
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
-
6 693
-
surtax
-
-
-
-
income
5 249
-
11 306
-
total
8 493
-
17 999
-
Employer
29 487
-
60 843
-
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
-
14 657
-
surtax
-
-
-
-
total
7 103
-
14 657
-
Corporate
38 910
75 500
-
-
income

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

7 783
15 100
-
-
total
7 783
15 100
-
-
Dividends

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

31 128
60 400
-
-
total
-
-
-
-
Income
75 500
75 500
75 500
75 500
Total tax
23 379
15 100
32 656
14 502
After tax
52 121
60 400
42 844
60 998
Living cost
20 994
20 994
20 994
20 994
Free-cash
31 127
39 406
21 850
40 004

Estimated living cost  is ₽20994 per week

₽13393
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
-₽19042
-₽24706
₽724
-₽24706
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
75 500
income
-
-
-
10 038
pensions
-
-
-
11 823
health
-
-
-
10 642
total
-
-
-
32 503
Employee
86 174
86 174
86 174
-
health
13 227
11 251
13 227
-
income

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

14 105
14 105
14 105
-
pensions
15 511
11 823
15 511
-
total
42 843
37 179
42 843
-
Employer
86 174
86 174
86 174
-
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
75 500
75 500
75 500
75 500
Total tax
57 933
52 269
57 933
32 503
After tax
17 567
23 231
17 567
42 997
Living cost
42 273
42 273
42 273
42 273
Free-cash
-24 706
-19 042
-24 706
724

Estimated living cost  is ₽42273 per week

₽29958
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.
₽7832
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽2234
₽1358
-₽1353
₽1329
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
75 500
municipal
-
-
-
15 992
accident
-
-
-
151
pensions
-
-
-
8 162
other
-
-
-
8 773
unemployment
-
-
-
75
health
-
-
-
4 711
national
-
-
-
-
total
-
-
-
37 864
Employee
55 556
-
57 449
-
municipal
16 567
-
17 131
-
national
-
-
-
-
total
16 567
-
17 131
-
Employer
55 556
-
57 449
-
accident
111
-
115
-
other
6 456
-
6 676
-
unemployment
1 467
-
1 517
-
pensions
6 006
-
6 210
-
health
3 417
-
3 533
-
total
17 457
-
18 051
-
Corporate
2 488
75 500
-
-
income
547
16 610
-
-
total
547
16 610
-
-
Dividends
1 941
58 890
-
-
withholding
582
17 667
-
-
total
582
17 667
-
-
Income
75 500
75 500
75 500
75 500
Total tax
35 153
34 277
35 182
37 864
After tax
40 347
41 223
40 318
37 636
Living cost
38 989
38 989
38 989
38 989
Free-cash
1 358
2 234
1 329
-1 353

Estimated living cost  is ₽38989 per week

₽25841
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
-₽1782
₽12396
₽11783
₽16484
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
75 500
trade
-
-
-
4 701
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.

-
-
-
11 829
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.

-
-
-
651
total
-
-
-
24 075
Employee

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

51 174
-
75 500
-
health

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

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

6 894
-
6 894
-
surtax

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

241
-
651
-
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
-
11 829
-
total
11 532
-
19 374
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
24 326
75 500
-
-
surtax

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

201
622
-
-
income
3 648
11 325
-
-
trade
4 002
12 421
-
-
chamber of commerce
188
260
-
-
total
8 039
24 628
-
-
Dividends
16 287
50 871
-
-
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.

203
678
-
-
withholding
3 688
12 334
-
-
total
3 891
13 012
-
-
Income
75 500
75 500
75 500
75 500
Total tax
23 462
37 640
19 374
24 075
After tax
52 038
37 860
56 126
51 425
Living cost
39 642
39 642
39 642
39 642
Free-cash
12 396
-1 782
16 484
11 783

Estimated living cost  is ₽39642 per week

₽26513
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4180
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.
₽8357
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽19951
₽18495
₽23766
₽21506
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
75 500
income
-
-
-
5 301
health
-
-
-
1 925
social contributions
-
-
-
11 777
total
-
-
-
19 003
Employee
77 596
77 596
77 596
-
social contributions
3 771
6 440
5 689
-
health
772
1 319
1 164
-
income
8 148
7 183
7 453
-
total
12 691
14 942
14 306
-
Employer
77 596
77 596
77 596
-
social contributions
3 771
6 440
5 689
-
health
841
1 436
1 268
-
total
4 612
7 876
6 957
-
Corporate
25 467
-
-
-
income
3 183
-
-
-
total
3 183
-
-
-
Dividends
22 285
-
-
-
withholding
3 788
-
-
-
total
3 788
-
-
-
Income
75 500
75 500
75 500
75 500
Total tax
24 274
22 818
21 263
19 003
After tax
51 226
52 682
54 237
56 497
Living cost
32 731
32 731
32 731
32 731
Free-cash
18 495
19 951
21 506
23 766

Estimated living cost  is ₽32731 per week

₽22375
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.
₽7250
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽24291
₽24671
₽33968
₽25432
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
75 500
income
-
-
-
9 230
pensions
-
-
-
7 550
unemployment
-
-
-
1 132
health
-
-
-
5 285
total
-
-
-
23 197
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.

26 467
10 533
63 180
-
health
1 853
737
4 423
-
income
3 236
1 288
7 724
-
pensions
2 647
1 053
6 318
-
unemployment
397
158
948
-
total
8 133
3 236
19 413
-
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.

26 467
10 533
63 180
-
pensions
5 161
2 054
12 320
-
total
5 161
2 054
12 320
-
Corporate
43 872
62 913
-
-
income
3 949
5 662
-
-
total
3 949
5 662
-
-
Dividends
39 924
57 251
-
-
social contributions
7 665
11 044
-
-
withholding
7 586
10 878
-
-
total
15 251
21 922
-
-
Income
75 500
75 500
75 500
75 500
Total tax
32 494
32 874
31 733
23 197
After tax
43 006
42 626
43 767
52 303
Living cost
18 335
18 335
18 335
18 335
Free-cash
24 671
24 291
25 432
33 968

Estimated living cost  is ₽18335 per week

₽12512
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.
₽3956
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽36026
₽29755
₽16095
₽19146
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
75 500
income
-
-
-
10 117
pensions
-
-
-
15 100
health
-
-
-
9 814
total
-
-
-
35 031
Employee
28 627
-
56 425
-
income
3 223
-
10 879
-
pensions
573
-
1 128
-
unemployment
458
-
902
-
total
4 254
-
12 909
-
Employer
28 627
-
56 425
-
unemployment
230
-
452
-
pensions
5 726
-
11 285
-
health
3 721
-
7 334
-
total
9 677
-
19 071
-
Corporate
37 197
75 500
-
-
income
7 440
15 100
-
-
total
7 440
15 100
-
-
Dividends
29 757
60 400
-
-
total
-
-
-
-
Income
75 500
75 500
75 500
75 500
Total tax
21 371
15 100
31 980
35 031
After tax
54 129
60 400
43 520
40 469
Living cost
24 374
24 374
24 374
24 374
Free-cash
29 755
36 026
19 146
16 095

Estimated living cost  is ₽24374 per week

₽16718
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.
₽5714
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽15956
₽2729
₽29906
₽16280
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
75 500
accident
-
-
-
253
income
-
-
-
16 536
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
23 523
Employee
34 719
-
62 718
-
health
3 975
-
7 181
-
income
4 763
-
10 124
-
pensions
3 909
-
7 062
-
total
12 647
-
24 367
-
Employer
34 719
-
62 718
-
accident
580
-
1 047
-
unemployment
851
-
1 537
-
pensions
5 646
-
10 198
-
total
7 077
-
12 782
-
Corporate
33 706
75 500
-
-
income

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

30 335
67 950
-
-
total
30 335
67 950
-
-
Dividends
3 371
7 550
-
-
withholding
641
1 435
-
-
total
641
1 435
-
-
Income
75 500
75 500
75 500
75 500
Total tax
50 700
69 385
37 149
23 523
After tax
24 800
6 115
38 351
51 977
Living cost
22 071
22 071
22 071
22 071
Free-cash
2 729
-15 956
16 280
29 906

Estimated living cost  is ₽22071 per week

₽16176
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
₽62646
₽60944
₽65666
₽51321
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
75 500
microenterprise

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

-
-
-
755
total
-
-
-
755
Employee
11 349
-
75 500
-
income
2 269
-
15 100
-
total
2 269
-
15 100
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

64 151
75 500
-
-
total
-
-
-
-
Dividends
64 151
75 500
-
-
withholding
3 208
3 775
-
-
total
3 208
3 775
-
-
Income
75 500
75 500
75 500
75 500
Total tax
5 477
3 775
15 100
755
After tax
70 023
71 725
60 400
74 745
Living cost
9 079
9 079
9 079
9 079
Free-cash
60 944
62 646
51 321
65 666

Estimated living cost  is ₽9079 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
₽28582
₽21765
₽13991
₽17363
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
75 500
income
-
-
-
9 588
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.

-
-
-
18 122
other
-
-
-
3 587
health
-
-
-
3 323
total
-
-
-
34 620
Employee
36 640
-
60 301
-
health
513
-
845
-
income
6 308
-
10 379
-
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
-
4 223
-
unemployment
366
-
603
-
total
9 751
-
16 050
-
Employer
36 640
-
60 301
-
accident
293
-
483
-
other
1 833
-
3 016
-
unemployment
366
-
603
-
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.

6 229
-
10 251
-
health
513
-
845
-
total
9 234
-
15 198
-
Corporate
29 626
75 500
-
-
income
6 222
15 854
-
-
total
6 222
15 854
-
-
Dividends
23 404
59 646
-
-
withholding
1 639
4 175
-
-
total
1 639
4 175
-
-
Income
75 500
75 500
75 500
75 500
Total tax
26 846
20 029
31 248
34 620
After tax
48 654
55 471
44 252
40 880
Living cost
26 889
26 889
26 889
26 889
Free-cash
21 765
28 582
17 363
13 991

Estimated living cost  is ₽26889 per week

₽18999
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1815
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
-₽11155
-₽33450
-₽11405
-₽19606
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
75 500
income
-
-
-
14 078
pensions
-
-
-
5 105
total
-
-
-
19 183
Employee
95 816
-
66 905
-
health
1 579
-
986
-
income
17 272
-
12 029
-
pensions
9 244
-
5 774
-
total
28 095
-
18 789
-
Employer
95 816
-
66 905
-
pensions
11 313
-
7 324
-
health
1 820
-
1 271
-
total
13 133
-
8 595
-
Corporate
-
75 500
-
-
income

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

-
14 346
-
-
total
-
14 346
-
-
Dividends
-
61 154
-
-
withholding
-
4 587
-
-
total
-
4 587
-
-
Income
75 500
75 500
75 500
75 500
Total tax
41 228
18 933
27 384
19 183
After tax
34 272
56 567
48 116
56 317
Living cost
67 722
67 722
67 722
67 722
Free-cash
-33 450
-11 155
-19 606
-11 405

Estimated living cost  is ₽67722 per week

₽50745
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
₽51313
₽46624
₽41519
₽43375
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
75 500
income
-
-
-
11 325
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
-
-
-
20 742
Employee
17 531
-
68 580
-
health
806
-
1 622
-
accident

We are using the highest rate at 1.1%.

193
-
388
-
income
1 753
-
6 858
-
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
-
11 965
-
Employer
17 531
-
68 580
-
accident

We are using the highest rate at 1.1%.

193
-
388
-
unemployment
105
-
212
-
pensions

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

1 932
-
3 887
-
health
1 210
-
2 434
-
total
3 440
-
6 921
-
Corporate
54 529
75 500
-
-
income
5 453
7 550
-
-
total
5 453
7 550
-
-
Dividends
49 076
67 950
-
-
withholding
2 453
3 398
-
-
total
2 453
3 398
-
-
Income
75 500
75 500
75 500
75 500
Total tax
15 637
10 948
18 886
20 742
After tax
59 863
64 552
56 614
54 758
Living cost
13 239
13 239
13 239
13 239
Free-cash
46 624
51 313
43 375
41 519

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
-₽32726
-₽34437
-₽12960
-₽38390
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
75 500
income
-
-
-
10 038
pensions
-
-
-
11 823
health
-
-
-
10 642
total
-
-
-
32 503
Employee
93 558
86 174
86 174
-
health
11 672
11 251
13 227
-
income

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

14 105
14 105
14 105
-
pensions
11 823
11 823
15 511
-
total
37 600
37 179
42 843
-
Employer
93 558
86 174
86 174
-
unemployment
3 368
3 102
3 102
-
pensions
6 511
5 998
5 998
-
health
6 501
5 990
5 990
-
total
16 380
15 090
15 090
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
75 500
75 500
75 500
75 500
Total tax
53 980
52 269
57 933
32 503
After tax
21 520
23 231
17 567
42 997
Living cost
55 957
55 957
55 957
55 957
Free-cash
-34 437
-32 726
-38 390
-12 960

Estimated living cost  is ₽55957 per week

₽41278
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
₽27815
₽19192
₽12606
₽14147
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
75 500
income
-
-
-
6 489
health
-
-
-
10 192
solidarity contribution
-
-
-
-
social contributions
-
-
-
22 046
total
-
-
-
38 727
Employee
35 540
-
56 343
-
social contributions
2 310
-
3 662
-
health
4 798
-
7 606
-
solidarity contribution
-
-
-
-
income
4 265
-
6 761
-
total
11 373
-
18 029
-
Employer
35 540
-
56 343
-
social contributions
8 885
-
14 086
-
health
3 199
-
5 071
-
total
12 084
-
19 157
-
Corporate
27 877
75 500
-
-
income
5 297
14 345
-
-
total
5 297
14 345
-
-
Dividends
22 580
61 155
-
-
withholding
3 387
9 173
-
-
total
3 387
9 173
-
-
Income
75 500
75 500
75 500
75 500
Total tax
32 141
23 518
37 186
38 727
After tax
43 359
51 982
38 314
36 773
Living cost
24 167
24 167
24 167
24 167
Free-cash
19 192
27 815
14 147
12 606

Estimated living cost  is ₽24167 per week

₽16787
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1719
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.
₽5186
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽2300
-₽14183
-₽2001
-₽5992
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
75 500
municipal
-
-
-
448
regional
-
-
-
789
national
-
-
-
14 265
social contributions
-
-
-
19 418
total
-
-
-
34 920
Employee
89 684
-
75 500
-
social contributions
30 241
-
25 458
-
regional
846
-
690
-
municipal
475
-
400
-
national
15 540
-
12 363
-
total
47 102
-
38 911
-
Employer
89 684
-
75 500
-
total
-
-
-
-
Corporate
-
75 500
-
-
nationa
-
18 120
-
-
municipal
-
2 945
-
-
total
-
21 065
-
-
Dividends
-
54 435
-
-
withholding
-
14 154
-
-
total
-
14 154
-
-
Income
75 500
75 500
75 500
75 500
Total tax
47 102
35 219
38 911
34 920
After tax
28 398
40 281
36 589
40 580
Living cost
42 581
42 581
42 581
42 581
Free-cash
-14 183
-2 300
-5 992
-2 001

Estimated living cost  is ₽42581 per week

₽29682
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.
₽9452
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽25221
₽22080
₽18933
₽17268
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
75 500
income
-
-
-
12 447
pensions
-
-
-
15 100
other
-
-
-
-
unemployment
-
-
-
230
health
-
-
-
5 360
surtax
-
-
-
1 162
total
-
-
-
34 299
Employee
33 371
-
62 369
-
other
-
-
-
-
health
852
-
1 589
-
surtax
109
-
1 036
-
income
5 594
-
11 714
-
pensions
2 225
-
4 159
-
unemployment
2 323
-
4 341
-
total
11 103
-
22 839
-
Employer
33 371
-
62 369
-
other
-
-
-
-
unemployment
1 057
-
1 976
-
pensions
4 449
-
8 313
-
health
1 519
-
2 836
-
total
7 025
-
13 125
-
Corporate
35 105
75 500
-
-
income
9 127
19 631
-
-
total
9 127
19 631
-
-
Dividends
25 978
55 869
-
-
withholding
3 897
8 380
-
-
total
3 897
8 380
-
-
Income
75 500
75 500
75 500
75 500
Total tax
31 152
28 011
35 964
34 299
After tax
44 348
47 489
39 536
41 201
Living cost
22 268
22 268
22 268
22 268
Free-cash
22 080
25 221
17 268
18 933

Estimated living cost  is ₽22268 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
₽10301
₽2335
₽10051
₽1850
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
75 500
income
-
-
-
14 078
pensions
-
-
-
5 105
total
-
-
-
19 183
Employee
64 213
-
66 905
-
health
932
-
986
-
income
11 565
-
12 029
-
pensions
5 450
-
5 774
-
total
17 947
-
18 789
-
Employer
64 213
-
66 905
-
pensions
6 951
-
7 324
-
health
1 220
-
1 271
-
total
8 171
-
8 595
-
Corporate
3 116
75 500
-
-
income

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

591
14 346
-
-
total
591
14 346
-
-
Dividends
2 525
61 154
-
-
withholding
190
4 587
-
-
total
190
4 587
-
-
Income
75 500
75 500
75 500
75 500
Total tax
26 899
18 933
27 384
19 183
After tax
48 601
56 567
48 116
56 317
Living cost
46 266
46 266
46 266
46 266
Free-cash
2 335
10 301
1 850
10 051

Estimated living cost  is ₽46266 per week

₽34662
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.
₽7651
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽41742
-₽22253
-₽12663
-₽16536
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
75 500
city
-
-
-
795
pensions
-
-
-
6 946
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.

-
-
-
1 510
regional
-
-
-
2 096
health
-
-
-
249
national
-
-
-
301
total
-
-
-
11 897
Employee
89 251
-
67 573
-
city
958
-
727
-
regional
2 923
-
1 784
-
health
202
-
153
-
pensions
7 498
-
5 675
-
unemployment
-
-
-
-
national
422
-
251
-
total
12 003
-
8 590
-
Employer
89 251
-
67 573
-
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.

1 784
-
1 352
-
unemployment
-
-
-
-
pensions
7 498
-
5 675
-
health
202
-
153
-
total
9 484
-
7 180
-
Corporate
-
75 500
-
-
regional
-
15 968
-
-
national
-
6 417
-
-
total
-
22 385
-
-
Dividends
-
53 115
-
-
withholding
-
18 591
-
-
total
-
18 591
-
-
Income
75 500
75 500
75 500
75 500
Total tax
21 487
40 976
15 770
11 897
After tax
54 013
34 524
59 730
63 603
Living cost
76 266
76 266
76 266
76 266
Free-cash
-22 253
-41 742
-16 536
-12 663

Estimated living cost  is ₽76266 per week

₽49595
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6844
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.
₽18891
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽8755
₽7606
₽4996
₽9898
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
75 500
trade
-
-
-
4 902
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.

-
-
-
11 829
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.

-
-
-
651
total
-
-
-
24 276
Employee

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

60 646
-
75 500
-
health

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

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

6 894
-
6 894
-
surtax

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

393
-
651
-
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.

7 131
-
11 829
-
total
14 418
-
19 374
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
14 854
75 500
-
-
surtax

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

123
622
-
-
income
2 229
11 325
-
-
trade
2 547
12 949
-
-
chamber of commerce
174
259
-
-
total
5 073
25 155
-
-
Dividends
9 781
50 345
-
-
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.

113
670
-
-
withholding
2 062
12 202
-
-
total
2 175
12 872
-
-
Income
75 500
75 500
75 500
75 500
Total tax
21 666
38 027
19 374
24 276
After tax
53 834
37 473
56 126
51 224
Living cost
46 228
46 228
46 228
46 228
Free-cash
7 606
-8 755
9 898
4 996

Estimated living cost  is ₽46228 per week

₽33763
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.
₽8167
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽3525
₽9489
₽10322
₽10581
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
75 500
income
-
-
-
4 255
pensions
-
-
-
21 253
other
-
-
-
2 340
health
-
-
-
653
surtax
-
-
-
-
social contributions
-
-
-
2 152
total
-
-
-
30 653
Employee
43 189
-
57 532
-
social contributions
1 231
-
1 639
-
surtax
-
-
-
-
income
2 549
-
4 282
-
pensions
4 883
-
6 505
-
total
8 663
-
12 426
-
Employer
43 189
-
57 532
-
other
1 490
-
1 984
-
social contributions
130
-
172
-
unemployment
1 748
-
2 331
-
pensions
7 095
-
9 454
-
health
3 024
-
4 027
-
total
13 487
-
17 968
-
Corporate
18 824
75 500
-
-
surtax
-
-
-
-
income
5 270
21 140
-
-
total
5 270
21 140
-
-
Dividends
13 554
54 360
-
-
surtax
-
-
-
-
social contributions
2 331
9 351
-
-
withholding
1 735
6 959
-
-
total
4 066
16 310
-
-
Income
75 500
75 500
75 500
75 500
Total tax
31 486
37 450
30 394
30 653
After tax
44 014
38 050
45 106
44 847
Living cost
34 525
34 525
34 525
34 525
Free-cash
9 489
3 525
10 581
10 322

Estimated living cost  is ₽34525 per week

₽21770
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2807
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.
₽9362
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽6945
₽12553
₽13742
₽14001
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
75 500
income
-
-
-
4 255
pensions
-
-
-
21 253
other
-
-
-
2 340
health
-
-
-
653
surtax
-
-
-
-
social contributions
-
-
-
2 152
total
-
-
-
30 653
Employee
38 552
-
57 532
-
social contributions
1 099
-
1 639
-
surtax
-
-
-
-
income
1 988
-
4 282
-
pensions
4 360
-
6 505
-
total
7 447
-
12 426
-
Employer
38 552
-
57 532
-
other
1 331
-
1 984
-
social contributions
115
-
172
-
unemployment
1 561
-
2 331
-
pensions
6 335
-
9 454
-
health
2 698
-
4 027
-
total
12 040
-
17 968
-
Corporate
24 909
75 500
-
-
surtax
-
-
-
-
income
6 974
21 140
-
-
total
6 974
21 140
-
-
Dividends
17 934
54 360
-
-
surtax
-
-
-
-
social contributions
3 085
9 351
-
-
withholding
2 296
6 959
-
-
total
5 381
16 310
-
-
Income
75 500
75 500
75 500
75 500
Total tax
31 842
37 450
30 394
30 653
After tax
43 658
38 050
45 106
44 847
Living cost
31 105
31 105
31 105
31 105
Free-cash
12 553
6 945
14 001
13 742

Estimated living cost  is ₽31105 per week

₽18039
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.
₽9316
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽24665
₽25188
₽27088
₽28535
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
75 500
income
-
-
-
11 325
health
-
-
-
5 270
social contributions
-
-
-
10 419
total
-
-
-
27 014
Employee
34 215
-
75 500
-
social contributions
4 722
-
10 419
-
health
2 388
-
5 270
-
income
5 707
-
9 878
-
total
12 817
-
25 567
-
Employer
34 215
-
75 500
-
total
-
-
-
-
Corporate
41 285
75 500
-
-
income

The standard tax rate is 15%. However, small companies and agricultural companies can apply a reduced corporate income tax rate of 0% to the first year of operation when certain conditions are met; and 5% to revenues of less than €300,000 per year. We made calculations based on 5% and skipped 0%.

2 064
3 774
-
-
total
2 064
3 774
-
-
Dividends
39 221
71 726
-
-
health
2 738
5 006
-
-
social contributions
5 412
9 899
-
-
withholding
5 883
10 758
-
-
total
14 033
25 663
-
-
Income
75 500
75 500
75 500
75 500
Total tax
28 914
29 437
25 567
27 014
After tax
46 586
46 063
49 933
48 486
Living cost
21 398
21 398
21 398
21 398
Free-cash
25 188
24 665
28 535
27 088

Estimated living cost  is ₽21398 per week

₽14320
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1319
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.
₽5264
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽7197
₽5632
₽4873
-₽9380
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
75 500
chamber of commerce
-
-
-
303
income
-
-
-
8 635
pensions
-
-
-
13 968
unemployment
-
-
-
6 189
health
-
-
-
5 776
surtax
-
-
-
199
total
-
-
-
35 070
Employee
50 431
40 215
58 472
-
other
504
402
584
-
health
1 951
1 557
2 264
-
income
5 741
2 966
8 045
-
pensions
5 165
4 117
5 988
-
unemployment
1 513
1 206
1 754
-
total
14 874
10 248
18 635
-
Employer
50 431
40 215
58 472
-
accident
655
523
760
-
other
2 396
1 909
2 779
-
chamber of commerce
201
161
234
-
unemployment
1 513
1 206
1 754
-
surtax
199
199
199
-
pensions
6 329
5 048
7 338
-
payroll
1 513
1 206
1 754
-
health
1 905
1 520
2 210
-
total
14 711
11 772
17 028
-
Corporate
10 358
23 512
54 642
-
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.

2 589
5 877
13 660
-
total
2 589
5 877
13 660
-
Dividends
7 769
17 635
-
-
withholding
2 137
4 849
-
-
total
2 137
4 849
-
-
Income
75 500
75 500
75 500
75 500
Total tax
34 311
32 746
49 323
35 070
After tax
41 189
42 754
26 177
40 430
Living cost
35 557
35 557
35 557
35 557
Free-cash
5 632
7 197
-9 380
4 873

Estimated living cost  is ₽35557 per week

₽23715
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3033
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
₽5641
-₽17695
₽1146
-₽5839
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
75 500
national
-
-
-
23 247
communal

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

-
-
-
3 907
social contributions
-
-
-
10 406
total
-
-
-
37 560
Employee

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

72 183
-
58 478
-
communal

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

3 765
-
3 051
-
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.

3 391
-
2 748
-
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
-
4 385
-
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
-
509
-
national
22 192
-
16 830
-
total
35 390
-
27 523
-
Employer

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

72 183
-
58 478
-
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
-
760
-
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
-
854
-
surtax
8 185
-
6 630
-
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
-
5 182
-
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
-
3 596
-
total
21 011
-
17 022
-
Corporate
-
75 500
-
-
surtax
-
303
-
-
income
-
15 100
-
-
total
-
15 403
-
-
Dividends
-
60 098
-
-
withholding

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

-
17 662
-
-
total
-
17 662
-
-
Income
75 500
75 500
75 500
75 500
Total tax
56 401
33 065
44 545
37 560
After tax
19 099
42 435
30 955
37 940
Living cost
36 794
36 794
36 794
36 794
Free-cash
-17 695
5 641
-5 839
1 146

Estimated living cost  is ₽36794 per week

₽23700
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.
₽9301
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽14486
₽6374
₽4065
₽4601
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
75 500
accident
-
-
-
680
income
-
-
-
12 341
pensions
-
-
-
21 367
other
-
-
-
75
unemployment
-
-
-
529
total
-
-
-
34 992
Employee
50 231
-
57 250
-
other
50
-
57
-
income
10 598
-
12 571
-
pensions
2 361
-
2 691
-
unemployment
779
-
887
-
total
13 788
-
16 206
-
Employer
50 231
-
57 250
-
accident
994
-
1 134
-
other
400
-
458
-
unemployment
2 763
-
3 148
-
pensions
11 854
-
13 510
-
total
16 011
-
18 250
-
Corporate
9 258
75 500
-
-
income

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

1 388
11 325
-
-
total
1 388
11 325
-
-
Dividends
7 869
64 175
-
-
withholding
1 496
13 246
-
-
total
1 496
13 246
-
-
Income
75 500
75 500
75 500
75 500
Total tax
32 683
24 571
34 456
34 992
After tax
42 817
50 929
41 044
40 508
Living cost
36 443
36 443
36 443
36 443
Free-cash
6 374
14 486
4 601
4 065

Estimated living cost  is ₽36443 per week

₽26837
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
-₽7986
-₽10049
-₽6672
-₽5294
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
75 500
accident
-
-
-
680
income
-
-
-
4 915
pensions
-
-
-
12 080
health
-
-
-
5 663
surtax
-
-
-
3 995
communal
-
-
-
-
total
-
-
-
27 333
Employee
76 419
-
67 442
-
health
3 401
-
3 001
-
surtax
4 684
-
4 133
-
income
7 381
-
5 367
-
pensions
6 113
-
5 395
-
total
21 579
-
17 896
-
Employer
76 419
-
67 442
-
accident
687
-
607
-
pensions
6 113
-
5 395
-
health
2 331
-
2 057
-
total
9 131
-
8 059
-
Corporate
-
75 500
-
-
surtax
-
793
-
-
communal
-
5 096
-
-
income
-
11 325
-
-
total
-
17 214
-
-
Dividends
-
58 286
-
-
income
-
2 689
-
-
withholding
-
8 744
-
-
total
-
11 433
-
-
Income
75 500
75 500
75 500
75 500
Total tax
30 710
28 647
25 955
27 333
After tax
44 790
46 853
49 545
48 167
Living cost
54 839
54 839
54 839
54 839
Free-cash
-10 049
-7 986
-5 294
-6 672

Estimated living cost  is ₽54839 per week

₽41138
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.
₽9797
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽24823
₽21615
₽18535
₽16870
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
75 500
income
-
-
-
12 447
pensions
-
-
-
15 100
other
-
-
-
-
unemployment
-
-
-
230
health
-
-
-
5 360
surtax
-
-
-
1 162
total
-
-
-
34 299
Employee
33 983
-
62 369
-
other
-
-
-
-
health
867
-
1 589
-
surtax
121
-
1 036
-
income
5 697
-
11 714
-
pensions
2 267
-
4 159
-
unemployment
2 365
-
4 341
-
total
11 317
-
22 839
-
Employer
33 983
-
62 369
-
other
-
-
-
-
unemployment
1 078
-
1 976
-
pensions
4 531
-
8 313
-
health
1 545
-
2 836
-
total
7 154
-
13 125
-
Corporate
34 362
75 500
-
-
income
8 933
19 631
-
-
total
8 933
19 631
-
-
Dividends
25 429
55 869
-
-
withholding
3 815
8 380
-
-
total
3 815
8 380
-
-
Income
75 500
75 500
75 500
75 500
Total tax
31 219
28 011
35 964
34 299
After tax
44 281
47 489
39 536
41 201
Living cost
22 666
22 666
22 666
22 666
Free-cash
21 615
24 823
16 870
18 535

Estimated living cost  is ₽22666 per week

₽13684
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
₽12503
₽10259
₽13048
₽9080
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
75 500
municipal
-
-
-
448
regional
-
-
-
1 138
national
-
-
-
14 265
social contributions
-
-
-
19 418
total
-
-
-
35 269
Employee
55 977
-
75 500
-
social contributions
18 876
-
25 458
-
regional
754
-
1 016
-
municipal
297
-
400
-
national
8 868
-
12 363
-
total
28 795
-
39 237
-
Employer
55 977
-
75 500
-
total
-
-
-
-
Corporate
19 523
75 500
-
-
nationa
4 686
18 120
-
-
municipal
971
3 751
-
-
total
5 657
21 871
-
-
Dividends
13 866
53 629
-
-
withholding
3 606
13 943
-
-
total
3 606
13 943
-
-
Income
75 500
75 500
75 500
75 500
Total tax
38 058
35 814
39 237
35 269
After tax
37 442
39 686
36 263
40 231
Living cost
27 183
27 183
27 183
27 183
Free-cash
10 259
12 503
9 080
13 048

Estimated living cost  is ₽27183 per week

₽16906
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
₽22202
₽11578
₽6993
₽8534
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
75 500
income
-
-
-
6 489
health
-
-
-
10 192
solidarity contribution
-
-
-
-
social contributions
-
-
-
22 046
total
-
-
-
38 727
Employee
43 794
-
56 343
-
social contributions
2 847
-
3 662
-
health
5 912
-
7 606
-
solidarity contribution
-
-
-
-
income
5 255
-
6 761
-
total
14 014
-
18 029
-
Employer
43 794
-
56 343
-
social contributions
10 949
-
14 086
-
health
3 941
-
5 071
-
total
14 890
-
19 157
-
Corporate
16 816
75 500
-
-
income
3 195
14 345
-
-
total
3 195
14 345
-
-
Dividends
13 621
61 155
-
-
withholding
2 043
9 173
-
-
total
2 043
9 173
-
-
Income
75 500
75 500
75 500
75 500
Total tax
34 142
23 518
37 186
38 727
After tax
41 358
51 982
38 314
36 773
Living cost
29 780
29 780
29 780
29 780
Free-cash
11 578
22 202
8 534
6 993

Estimated living cost  is ₽29780 per week

₽22146
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.
₽5469
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽10667
₽10167
₽8435
-₽5970
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
75 500
chamber of commerce
-
-
-
303
income
-
-
-
8 635
pensions
-
-
-
13 968
unemployment
-
-
-
6 189
health
-
-
-
5 776
surtax
-
-
-
-
total
-
-
-
34 871
Employee
44 111
40 215
58 627
-
other
440
402
586
-
health
1 706
1 557
2 269
-
income
3 930
2 966
8 091
-
pensions
4 517
4 117
6 003
-
unemployment
1 323
1 206
1 758
-
total
11 916
10 248
18 707
-
Employer
44 111
40 215
58 627
-
accident
573
523
762
-
other
2 095
1 909
2 784
-
chamber of commerce
176
161
234
-
unemployment
1 323
1 206
1 758
-
surtax
-
-
-
-
pensions
5 536
5 048
7 357
-
payroll
1 323
1 206
1 758
-
health
1 668
1 520
2 216
-
total
12 694
11 573
16 869
-
Corporate
18 694
23 711
54 801
-
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.

4 674
5 927
13 700
-
total
4 674
5 927
13 700
-
Dividends
14 020
17 784
-
-
withholding
3 855
4 891
-
-
total
3 855
4 891
-
-
Income
75 500
75 500
75 500
75 500
Total tax
33 139
32 639
49 276
34 871
After tax
42 361
42 861
26 224
40 629
Living cost
32 194
32 194
32 194
32 194
Free-cash
10 167
10 667
-5 970
8 435

Estimated living cost  is ₽32194 per week

₽19313
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.
₽574
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽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
₽57576
₽54923
₽60596
₽46251
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
75 500
microenterprise

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

-
-
-
755
total
-
-
-
755
Employee
17 686
-
75 500
-
income
3 537
-
15 100
-
total
3 537
-
15 100
-
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%.

57 814
75 500
-
-
total
-
-
-
-
Dividends
57 814
75 500
-
-
withholding
2 891
3 775
-
-
total
2 891
3 775
-
-
Income
75 500
75 500
75 500
75 500
Total tax
6 428
3 775
15 100
755
After tax
69 072
71 725
60 400
74 745
Living cost
14 149
14 149
14 149
14 149
Free-cash
54 923
57 576
46 251
60 596

Estimated living cost  is ₽14149 per week

₽9574
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
₽24915
₽16475
₽13110
₽10946
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
75 500
income
-
-
-
13 994
pensions
-
-
-
13 788
unemployment
-
-
-
113
health
-
-
-
7 428
total
-
-
-
35 323
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.

44 623
-
65 330
-
health
2 882
-
4 221
-
income
7 695
-
12 878
-
pensions
6 917
-
10 126
-
unemployment
63
-
92
-
total
17 557
-
27 317
-
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.

44 623
-
65 330
-
unemployment
27
-
38
-
pensions
3 949
-
5 781
-
health
2 972
-
4 351
-
total
6 948
-
10 170
-
Corporate
23 929
75 500
-
-
income
4 546
14 345
-
-
total
4 546
14 345
-
-
Dividends
19 383
61 155
-
-
withholding
2 907
9 173
-
-
total
2 907
9 173
-
-
Income
75 500
75 500
75 500
75 500
Total tax
31 958
23 518
37 487
35 323
After tax
43 542
51 982
38 013
40 177
Living cost
27 067
27 067
27 067
27 067
Free-cash
16 475
24 915
10 946
13 110

Estimated living cost  is ₽27067 per week

₽18575
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.
₽6233
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽2369
-₽75043
₽8612
₽18652
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
75 500
income
-
-
-
14 716
social contributions
-
-
-
8 607
total
-
-
-
23 323
Employee
62 466
-
-
-
social contributions
5 122
-
730
-
income
13 779
-
-
-
total
18 901
-
730
-
Employer
62 466
-
-
-
social contributions
88 077
-
12 553
-
total
88 077
-
12 553
-
Corporate
-
75 500
-
-
income
-
16 610
-
-
total
-
16 610
-
-
Dividends
-
58 890
-
-
income
-
12 956
-
-
total
-
12 956
-
-
Income
75 500
75 500
75 500
75 500
Total tax
106 978
29 566
13 283
23 323
After tax
-31 478
45 934
62 217
52 177
Living cost
43 565
43 565
43 565
43 565
Free-cash
-75 043
2 369
18 652
8 612

Estimated living cost  is ₽43565 per week

₽28267
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4097
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.
₽10646
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽11292
₽10274
₽11233
₽8319
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
75 500
income
-
-
-
6 379
surtax
-
-
-
-
social contributions

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

-
-
-
26 235
total
-
-
-
32 614
Employee
46 411
-
61 009
-
social contributions
5 105
-
6 710
-
surtax
-
-
-
-
income
9 654
-
14 329
-
total
14 759
-
21 039
-
Employer
46 411
-
61 009
-
social contributions
11 023
-
14 489
-
total
11 023
-
14 489
-
Corporate
18 066
75 500
-
-
surtax
-
-
-
-
income
3 794
15 854
-
-
total
3 794
15 854
-
-
Dividends
14 272
59 646
-
-
withholding
3 997
16 701
-
-
total
3 997
16 701
-
-
Income
75 500
75 500
75 500
75 500
Total tax
33 573
32 555
35 528
32 614
After tax
41 927
42 945
39 972
42 886
Living cost
31 653
31 653
31 653
31 653
Free-cash
10 274
11 292
8 319
11 233

Estimated living cost  is ₽31653 per week

₽23683
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
-₽10689
-₽7443
-₽3892
-₽3633
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
75 500
income
-
-
-
4 255
pensions
-
-
-
21 253
other
-
-
-
2 340
health
-
-
-
653
surtax
-
-
-
-
social contributions
-
-
-
2 152
total
-
-
-
30 653
Employee
63 203
-
57 532
-
social contributions
1 800
-
1 639
-
surtax
-
-
-
-
income
5 515
-
4 282
-
pensions
7 149
-
6 505
-
total
14 464
-
12 426
-
Employer
63 203
-
57 532
-
other
2 181
-
1 984
-
social contributions
190
-
172
-
unemployment
2 560
-
2 331
-
pensions
10 385
-
9 454
-
health
4 424
-
4 027
-
total
19 740
-
17 968
-
Corporate
-
75 500
-
-
surtax
-
-
-
-
income
-
21 140
-
-
total
-
21 140
-
-
Dividends
-
54 360
-
-
surtax
-
-
-
-
social contributions
-
9 351
-
-
withholding
-
6 959
-
-
total
-
16 310
-
-
Income
75 500
75 500
75 500
75 500
Total tax
34 204
37 450
30 394
30 653
After tax
41 296
38 050
45 106
44 847
Living cost
48 739
48 739
48 739
48 739
Free-cash
-7 443
-10 689
-3 633
-3 892

Estimated living cost  is ₽48739 per week

₽32986
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.
₽11097
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽37615
₽34226
₽27908
₽30029
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
75 500
income
-
-
-
647
social contributions
-
-
-
16 611
total
-
-
-
17 258
Employee
32 442
-
65 366
-
income
-
-
758
-
social contributions
2 108
-
4 249
-
total
2 108
-
5 007
-
Employer
32 442
-
65 366
-
social contributions
5 029
-
10 130
-
total
5 029
-
10 130
-
Corporate
38 029
75 500
-
-
income
3 803
7 551
-
-
total
3 803
7 551
-
-
Dividends
34 226
67 949
-
-
total
-
-
-
-
Income
75 500
75 500
75 500
75 500
Total tax
10 940
7 551
15 137
17 258
After tax
64 560
67 949
60 363
58 242
Living cost
30 334
30 334
30 334
30 334
Free-cash
34 226
37 615
30 029
27 908

Estimated living cost  is ₽30334 per week

₽19613
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2286
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
-₽144458
-₽144458
-₽740
-₽144458
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
75 500
municipal
-
-
-
13 156
pensions
-
-
-
875
national
-
-
-
7 619
labour market
-
-
-
5 970
total
-
-
-
27 620
Employee
205 213
205 213
205 213
-
labour market
16 394
16 394
16 394
-
national
25 070
25 070
25 070
-
municipal
43 699
43 699
43 699
-
pensions
292
292
292
-
total
85 455
85 455
85 455
-
Employer
205 213
205 213
205 213
-
labour market
16 417
16 417
16 417
-
municipal
43 769
43 769
43 769
-
pensions
583
583
583
-
national
25 114
25 114
25 114
-
total
85 883
85 883
85 883
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
75 500
75 500
75 500
75 500
Total tax
171 338
171 338
171 338
27 620
After tax
-95 838
-95 838
-95 838
47 880
Living cost
48 620
48 620
48 620
48 620
Free-cash
-144 458
-144 458
-144 458
-740

Estimated living cost  is ₽48620 per week

₽33276
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.
₽10295
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽15630
₽2781
₽30232
₽16606
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
75 500
accident
-
-
-
253
income
-
-
-
16 536
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
23 523
Employee
34 207
-
62 718
-
health
3 917
-
7 181
-
income
4 693
-
10 124
-
pensions
3 852
-
7 062
-
total
12 462
-
24 367
-
Employer
34 207
-
62 718
-
accident
571
-
1 047
-
unemployment
838
-
1 537
-
pensions
5 562
-
10 198
-
total
6 971
-
12 782
-
Corporate
34 322
75 500
-
-
income

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

30 889
67 950
-
-
total
30 889
67 950
-
-
Dividends
3 432
7 550
-
-
withholding
652
1 435
-
-
total
652
1 435
-
-
Income
75 500
75 500
75 500
75 500
Total tax
50 974
69 385
37 149
23 523
After tax
24 526
6 115
38 351
51 977
Living cost
21 745
21 745
21 745
21 745
Free-cash
2 781
-15 630
16 606
30 232

Estimated living cost  is ₽21745 per week

₽15828
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
₽12808
₽8573
₽17373
₽6339
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
75 500
municipal
-
-
-
13 457
health
-
-
-
741
national
-
-
-
5 186
total
-
-
-
19 384
Employee
53 092
-
63 514
-
health
396
-
557
-
municipal
8 696
-
10 389
-
pensions
3 583
-
4 288
-
unemployment
797
-
954
-
national
877
-
2 246
-
total
14 349
-
18 434
-
Employer
53 092
-
63 514
-
accident
54
-
63
-
unemployment
345
-
414
-
pensions
9 211
-
11 019
-
health
408
-
488
-
total
10 018
-
11 984
-
Corporate
12 391
75 500
-
-
income
2 478
15 100
-
-
total
2 478
15 100
-
-
Dividends

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

7 435
45 300
-
-
national
-
695
-
-
municipal
1 339
8 154
-
-
total
1 339
8 849
-
-
Income
75 500
75 500
75 500
75 500
Total tax
28 184
23 949
30 418
19 384
After tax
47 316
51 551
45 082
56 116
Living cost
38 743
38 743
38 743
38 743
Free-cash
8 573
12 808
6 339
17 373

Estimated living cost  is ₽38743 per week

₽25307
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.
₽9094
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽29318
₽26555
₽33133
₽30873
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
75 500
income
-
-
-
5 301
health
-
-
-
1 925
social contributions
-
-
-
11 777
total
-
-
-
19 003
Employee
77 596
77 596
77 596
-
social contributions
2 934
6 440
5 689
-
health
601
1 319
1 164
-
income
8 449
7 183
7 453
-
total
11 984
14 942
14 306
-
Employer
77 596
77 596
77 596
-
social contributions
2 934
6 440
5 689
-
health
653
1 436
1 268
-
total
3 587
7 876
6 957
-
Corporate
36 565
-
-
-
income
4 571
-
-
-
total
4 571
-
-
-
Dividends
31 994
-
-
-
withholding
5 439
-
-
-
total
5 439
-
-
-
Income
75 500
75 500
75 500
75 500
Total tax
25 581
22 818
21 263
19 003
After tax
49 919
52 682
54 237
56 497
Living cost
23 364
23 364
23 364
23 364
Free-cash
26 555
29 318
30 873
33 133

Estimated living cost  is ₽23364 per week

₽14002
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.
₽6553
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽46501
₽41366
₽42541
₽30632
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
75 500
income
-
-
-
6 837
pensions
-
-
-
6 419
unemployment
-
-
-
29
health
-
-
-
3 652
total
-
-
-
16 937
Employee

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

23 163
-
68 449
-
health
1 969
-
5 818
-
income
1 584
-
5 366
-
pensions
3 474
-
10 268
-
unemployment
115
-
343
-
total
7 142
-
21 795
-
Employer

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

23 163
-
68 449
-
unemployment
115
-
343
-
pensions
1 273
-
3 765
-
health
996
-
2 943
-
total
2 384
-
7 051
-
Corporate
49 953
75 500
-
-
income
4 496
6 794
-
-
total
4 496
6 794
-
-
Dividends
45 457
68 706
-
-
withholding
4 090
6 183
-
-
total
4 090
6 183
-
-
Income
75 500
75 500
75 500
75 500
Total tax
18 112
12 977
28 846
16 937
After tax
57 388
62 523
46 654
58 563
Living cost
16 022
16 022
16 022
16 022
Free-cash
41 366
46 501
30 632
42 541

Estimated living cost  is ₽16022 per week

₽10222
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
₽23179
₽17885
₽12758
₽13294
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
75 500
accident
-
-
-
680
income
-
-
-
12 341
pensions
-
-
-
21 367
other
-
-
-
75
unemployment
-
-
-
529
total
-
-
-
34 992
Employee
37 313
-
57 250
-
other
36
-
57
-
income
7 194
-
12 571
-
pensions
1 754
-
2 691
-
unemployment
578
-
887
-
total
9 562
-
16 206
-
Employer
37 313
-
57 250
-
accident
739
-
1 134
-
other
299
-
458
-
unemployment
2 053
-
3 148
-
pensions
8 805
-
13 510
-
total
11 896
-
18 250
-
Corporate
26 291
75 500
-
-
income

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

3 943
11 325
-
-
total
3 943
11 325
-
-
Dividends
22 348
64 175
-
-
withholding
4 464
13 246
-
-
total
4 464
13 246
-
-
Income
75 500
75 500
75 500
75 500
Total tax
29 865
24 571
34 456
34 992
After tax
45 635
50 929
41 044
40 508
Living cost
27 750
27 750
27 750
27 750
Free-cash
17 885
23 179
13 294
12 758

Estimated living cost  is ₽27750 per week

₽18730
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
₽44356
₽43902
₽44700
₽44503
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
75 500
income
-
-
-
24 576
pensions
-
-
-
2 010
health
-
-
-
1 458
total
-
-
-
28 044
Employee
4 198
-
73 238
-
health
210
-
503
-
income
812
-
24 470
-
pensions
378
-
905
-
unemployment
42
-
101
-
total
1 442
-
25 979
-
Employer
4 198
-
73 238
-
unemployment
84
-
201
-
pensions
462
-
1 106
-
health
399
-
955
-
total
945
-
2 262
-
Corporate
70 358
75 500
-
-
income
15 479
16 610
-
-
total
15 479
16 610
-
-
Dividends
54 879
58 890
-
-
withholding
10 976
11 778
-
-
total
10 976
11 778
-
-
Income
75 500
75 500
75 500
75 500
Total tax
28 842
28 388
28 241
28 044
After tax
46 658
47 112
47 259
47 456
Living cost
2 756
2 756
2 756
2 756
Free-cash
43 902
44 356
44 503
44 700

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
₽37096
₽32131
₽19414
₽22007
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
75 500
income
-
-
-
10 440
pensions
-
-
-
19 392
unemployment
-
-
-
1 119
health
-
-
-
7 682
total
-
-
-
38 633
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
-
64 037
-
health
1 355
-
3 298
-
income
3 628
-
11 835
-
pensions
3 685
-
8 965
-
unemployment
197
-
480
-
total
8 865
-
24 578
-
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
-
64 037
-
unemployment
197
-
480
-
pensions
3 158
-
7 684
-
health
1 355
-
3 298
-
total
4 710
-
11 462
-
Corporate
44 470
75 500
-
-
income
6 671
11 325
-
-
total
6 671
11 325
-
-
Dividends
37 800
64 175
-
-
withholding
5 670
9 626
-
-
total
5 670
9 626
-
-
Income
75 500
75 500
75 500
75 500
Total tax
25 916
20 951
36 040
38 633
After tax
49 584
54 549
39 460
36 867
Living cost
17 453
17 453
17 453
17 453
Free-cash
32 131
37 096
22 007
19 414

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
₽15740
₽15375
₽15681
₽12767
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
75 500
income
-
-
-
6 379
surtax
-
-
-
-
social contributions

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

-
-
-
26 235
total
-
-
-
32 614
Employee
39 166
-
61 009
-
social contributions
4 309
-
6 710
-
surtax
-
-
-
-
income
7 653
-
14 329
-
total
11 962
-
21 039
-
Employer
39 166
-
61 009
-
social contributions
9 301
-
14 489
-
total
9 301
-
14 489
-
Corporate
27 033
75 500
-
-
surtax
-
-
-
-
income
5 676
15 854
-
-
total
5 676
15 854
-
-
Dividends
21 357
59 646
-
-
withholding
5 981
16 701
-
-
total
5 981
16 701
-
-
Income
75 500
75 500
75 500
75 500
Total tax
32 920
32 555
35 528
32 614
After tax
42 580
42 945
39 972
42 886
Living cost
27 205
27 205
27 205
27 205
Free-cash
15 375
15 740
12 767
15 681

Estimated living cost  is ₽27205 per week

₽19269
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
₽15464
₽7729
₽5043
₽5579
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
75 500
accident
-
-
-
680
income
-
-
-
12 341
pensions
-
-
-
21 367
other
-
-
-
75
unemployment
-
-
-
529
total
-
-
-
34 992
Employee
48 736
-
57 250
-
other
48
-
57
-
income
10 179
-
12 571
-
pensions
2 290
-
2 691
-
unemployment
755
-
887
-
total
13 272
-
16 206
-
Employer
48 736
-
57 250
-
accident
965
-
1 134
-
other
391
-
458
-
unemployment
2 681
-
3 148
-
pensions
11 501
-
13 510
-
total
15 538
-
18 250
-
Corporate
11 226
75 500
-
-
income

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

1 683
11 325
-
-
total
1 683
11 325
-
-
Dividends
9 543
64 175
-
-
withholding
1 813
13 246
-
-
total
1 813
13 246
-
-
Income
75 500
75 500
75 500
75 500
Total tax
32 306
24 571
34 456
34 992
After tax
43 194
50 929
41 044
40 508
Living cost
35 465
35 465
35 465
35 465
Free-cash
7 729
15 464
5 579
5 043

Estimated living cost  is ₽35465 per week

₽25469
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
₽47181
₽41028
₽37387
₽39243
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
75 500
income
-
-
-
11 325
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
-
-
-
20 742
Employee
23 001
-
68 580
-
health
1 058
-
1 622
-
accident

We are using the highest rate at 1.1%.

253
-
388
-
income
2 300
-
6 858
-
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
-
11 965
-
Employer
23 001
-
68 580
-
accident

We are using the highest rate at 1.1%.

253
-
388
-
unemployment
138
-
212
-
pensions

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

2 535
-
3 887
-
health
1 587
-
2 434
-
total
4 513
-
6 921
-
Corporate
47 986
75 500
-
-
income
4 799
7 550
-
-
total
4 799
7 550
-
-
Dividends
43 187
67 950
-
-
withholding
2 159
3 398
-
-
total
2 159
3 398
-
-
Income
75 500
75 500
75 500
75 500
Total tax
17 101
10 948
18 886
20 742
After tax
58 399
64 552
56 614
54 758
Living cost
17 371
17 371
17 371
17 371
Free-cash
41 028
47 181
39 243
37 387

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
₽65
₽13267
₽13065
₽17167
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
75 500
trade
-
-
-
4 102
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.

-
-
-
11 829
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.

-
-
-
651
total
-
-
-
23 476
Employee

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

50 210
-
75 500
-
health

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

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

6 894
-
6 894
-
surtax

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

228
-
651
-
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
-
11 829
-
total
11 251
-
19 374
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
25 290
75 500
-
-
surtax

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

209
622
-
-
income
3 794
11 325
-
-
trade
3 629
10 835
-
-
chamber of commerce
190
264
-
-
total
7 822
23 046
-
-
Dividends
17 469
52 453
-
-
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.

218
701
-
-
withholding
3 983
12 729
-
-
total
4 201
13 430
-
-
Income
75 500
75 500
75 500
75 500
Total tax
23 274
36 476
19 374
23 476
After tax
52 226
39 024
56 126
52 024
Living cost
38 959
38 959
38 959
38 959
Free-cash
13 267
65
17 167
13 065

Estimated living cost  is ₽38959 per week

₽26875
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
-₽4634
-₽3437
-₽1683
-₽1683
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
75 500
income
-
-
-
13 520
social contributions
-
-
-
6 179
total
-
-
-
19 699
Employee
78 935
-
75 500
-
income
14 895
-
13 520
-
social contributions
6 558
-
6 179
-
total
21 453
-
19 699
-
Employer
78 935
-
75 500
-
total
-
-
-
-
Corporate
-
75 500
-
-
income
-
9 437
-
-
total
-
9 437
-
-
Dividends
-
66 063
-
-
withholding
-
13 213
-
-
total
-
13 213
-
-
Income
75 500
75 500
75 500
75 500
Total tax
21 453
22 650
19 699
19 699
After tax
54 047
52 850
55 801
55 801
Living cost
57 484
57 484
57 484
57 484
Free-cash
-3 437
-4 634
-1 683
-1 683

Estimated living cost  is ₽57484 per week

₽43733
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
₽7113
₽12958
₽3403
₽18423
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
75 500
income
-
-
-
28 725
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
-
-
-
35 466
Employee
46 292
-
70 858
-
income
5 023
-
11 162
-
social contributions
4 638
-
4 642
-
total
9 661
-
15 804
-
Employer
46 292
-
70 858
-
social contributions
4 638
-
4 642
-
total
4 638
-
4 642
-
Corporate
24 570
75 500
-
-
income
8 600
26 425
-
-
total
8 600
26 425
-
-
Dividends
15 969
49 075
-
-
social contributions
3 012
5 331
-
-
total
3 012
5 331
-
-
Income
75 500
75 500
75 500
75 500
Total tax
25 911
31 756
20 446
35 466
After tax
49 589
43 744
55 054
40 034
Living cost
36 631
36 631
36 631
36 631
Free-cash
12 958
7 113
18 423
3 403

Estimated living cost  is ₽36631 per week

₽24129
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.
₽9052
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽18954
₽13243
₽18704
₽10503
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
75 500
income
-
-
-
14 078
pensions
-
-
-
5 105
total
-
-
-
19 183
Employee
51 629
-
66 905
-
health
673
-
986
-
income
9 402
-
12 029
-
pensions
3 941
-
5 774
-
total
14 016
-
18 789
-
Employer
51 629
-
66 905
-
pensions
5 216
-
7 324
-
health
981
-
1 271
-
total
6 197
-
8 595
-
Corporate
17 674
75 500
-
-
income

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

3 358
14 346
-
-
total
3 358
14 346
-
-
Dividends
14 316
61 154
-
-
withholding
1 073
4 587
-
-
total
1 073
4 587
-
-
Income
75 500
75 500
75 500
75 500
Total tax
24 644
18 933
27 384
19 183
After tax
50 856
56 567
48 116
56 317
Living cost
37 613
37 613
37 613
37 613
Free-cash
13 243
18 954
10 503
18 704

Estimated living cost  is ₽37613 per week

₽25802
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
-₽17783
₽2451
₽28079
₽14453
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
75 500
accident
-
-
-
253
income
-
-
-
16 536
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
23 523
Employee
37 593
-
62 718
-
health
4 304
-
7 181
-
income
5 157
-
10 124
-
pensions
4 233
-
7 062
-
total
13 694
-
24 367
-
Employer
37 593
-
62 718
-
accident
628
-
1 047
-
unemployment
921
-
1 537
-
pensions
6 112
-
10 198
-
total
7 661
-
12 782
-
Corporate
30 246
75 500
-
-
income

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

27 221
67 950
-
-
total
27 221
67 950
-
-
Dividends
3 025
7 550
-
-
withholding
575
1 435
-
-
total
575
1 435
-
-
Income
75 500
75 500
75 500
75 500
Total tax
49 151
69 385
37 149
23 523
After tax
26 349
6 115
38 351
51 977
Living cost
23 898
23 898
23 898
23 898
Free-cash
2 451
-17 783
14 453
28 079

Estimated living cost  is ₽23898 per week

₽17539
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.
₽4485
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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

Close
Skopje , Macedonia
₽50544
₽45637
₽30206
₽30206
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
75 500
work injury
-
-
-
377
health insurance
-
-
-
5 587
income
-
-
-
10 901
pensions
-
-
-
13 892
unemployment
-
-
-
906
total
-
-
-
31 663
Employee

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

21 810
-
75 500
-
work injury
109
-
377
-
income
2 181
-
10 901
-
pensions
4 013
-
13 892
-
health insurance
1 614
-
5 587
-
unemployment
262
-
906
-
total
8 179
-
31 663
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
53 690
75 500
-
-
income

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

-
-
-
-
total
-
-
-
-
Dividends
53 690
75 500
-
-
withholding
8 053
11 325
-
-
total
8 053
11 325
-
-
Income
75 500
75 500
75 500
75 500
Total tax
16 232
11 325
31 663
31 663
After tax
59 268
64 175
43 837
43 837
Living cost
13 631
13 631
13 631
13 631
Free-cash
45 637
50 544
30 206
30 206

Estimated living cost  is ₽13631 per week

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

Source of data for Skopje model

Close
Rome , Italy
-₽433
-₽9535
-₽164
-₽4051
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
75 500
municipal
-
-
-
506
regional
-
-
-
1 274
national
-
-
-
14 265
social contributions
-
-
-
19 418
total
-
-
-
35 463
Employee
85 034
-
75 500
-
social contributions
28 673
-
25 458
-
regional
1 284
-
1 079
-
municipal
507
-
450
-
national
14 370
-
12 363
-
total
44 834
-
39 350
-
Employer
85 034
-
75 500
-
total
-
-
-
-
Corporate
-
75 500
-
-
nationa
-
18 120
-
-
municipal
-
3 638
-
-
total
-
21 758
-
-
Dividends
-
53 742
-
-
withholding
-
13 974
-
-
total
-
13 974
-
-
Income
75 500
75 500
75 500
75 500
Total tax
44 834
35 732
39 350
35 463
After tax
30 666
39 768
36 150
40 037
Living cost
40 201
40 201
40 201
40 201
Free-cash
-9 535
-433
-4 051
-164

Estimated living cost  is ₽40201 per week

₽28238
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

Close
[[ place.name ]], [[ place.country ]]

[[ row[2] ]] [[ row[0] ]]

Estimated living cost

Adjust living cost [[ detailsButtonText ]] Source

Additional information

Source

[[ $tc('message.data_source', {city: place.name}) ]] [[ place.name ]]

Close

[[ row[2] ]] [[ row[0] ]]

Estimated living cost

Adjust living cost [[ detailsButtonText ]] Source

Additional information

Source

[[ $tc('message.data_source', {city: place.name}) ]] [[ place.name ]]

Close