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
₽ 76000
per

Your estimated
City
free-cash

Dresden , Germany
₽27184
₽9648
₽22185
₽20177
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
76 000
health

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

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

-
-
-
6 503
income

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

-
-
-
12 776
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.

-
-
-
703
trade
-
-
-
4 999
total
-
-
-
24 981
Employee

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

36 410
-
76 000
-
surtax

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

56
-
703
-
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.

1 017
-
12 776
-
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.

6 503
-
6 503
-
total
7 576
-
19 982
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
39 590
76 000
-
-
chamber of commerce
201
253
-
-
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.

327
627
-
-
trade
6 236
11 970
-
-
income
5 938
11 401
-
-
total
12 702
24 251
-
-
Dividends
26 888
51 750
-
-
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.

350
692
-
-
withholding
6 361
12 575
-
-
total
6 711
13 267
-
-
Income
76 000
76 000
76 000
76 000
Total tax
26 989
37 518
19 982
24 981
After tax
49 011
38 482
56 018
51 019
Living cost
28 834
28 834
28 834
28 834
Free-cash
20 177
9 648
27 184
22 185

Estimated living cost  is ₽28834 per week

₽18137
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3362
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽538
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6796
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽3119
-₽2914
-₽3716
-₽9115
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 000
social contributions
-
-
-
817
pensions
-
-
-
9 120
national
-
-
-
11 816
municipal
-
-
-
7 625
total
-
-
-
29 378
Employee
78 034
-
65 701
-
municipal
9 638
-
7 919
-
national
14 936
-
12 272
-
pensions
3 121
-
2 628
-
total
27 695
-
22 819
-
Employer
78 034
-
65 701
-
pensions
6 243
-
5 256
-
social contributions
839
-
706
-
total
7 082
-
5 962
-
Corporate
-
76 000
-
-
income

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

-
15 200
-
-
total
-
15 200
-
-
Dividends
-
60 800
-
-
withholding
-
13 376
-
-
total
-
13 376
-
-
Income
76 000
76 000
76 000
76 000
Total tax
34 777
28 576
28 781
29 378
After tax
41 223
47 424
47 219
46 622
Living cost
50 338
50 338
50 338
50 338
Free-cash
-9 115
-2 914
-3 119
-3 716

Estimated living cost  is ₽50338 per week

₽34214
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4679
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽753
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10691
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽23253
₽40996
₽20986
₽33187
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
76 000
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.

-
-
-
24 435
income
-
-
-
10 775
surtax
-
-
-
-
microenterprise
-
-
-
-
total
-
-
-
35 210
Employee
27 816
-
61 246
-
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.

3 060
-
6 736
-
income
4 952
-
11 453
-
total
8 012
-
18 189
-
Employer
27 816
-
61 246
-
surtax
-
-
-
-
social contributions

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

6 700
-
14 754
-
total
6 700
-
14 754
-
Corporate
41 483
76 000
-
-
income

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

8 297
15 200
-
-
total
8 297
15 200
-
-
Dividends

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

33 186
60 800
-
-
total
-
-
-
-
Income
76 000
76 000
76 000
76 000
Total tax
23 009
15 200
32 943
35 210
After tax
52 991
60 800
43 057
40 790
Living cost
19 804
19 804
19 804
19 804
Free-cash
33 187
40 996
23 253
20 986

Estimated living cost  is ₽19804 per week

₽12635
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1886
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽450
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4834
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽18530
-₽13186
₽3368
-₽18530
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 000
health
-
-
-
10 311
income
-
-
-
11 290
pensions
-
-
-
11 153
total
-
-
-
32 754
Employee
81 292
81 292
81 292
-
income

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

13 306
13 306
13 306
-
pensions
14 633
11 153
14 633
-
health
12 477
10 613
12 477
-
total
40 416
35 072
40 416
-
Employer
81 292
81 292
81 292
-
unemployment
2 927
2 927
2 927
-
health
5 651
5 651
5 651
-
pensions
5 658
5 658
5 658
-
total
14 236
14 236
14 236
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
76 000
76 000
76 000
76 000
Total tax
54 652
49 308
54 652
32 754
After tax
21 348
26 692
21 348
43 246
Living cost
39 878
39 878
39 878
39 878
Free-cash
-18 530
-13 186
-18 530
3 368

Estimated living cost  is ₽39878 per week

₽28261
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3595
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽634
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7389
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽1444
₽2355
-₽1256
₽1476
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 000
other
-
-
-
8 831
health
-
-
-
4 742
accident
-
-
-
152
pensions
-
-
-
8 216
national
-
-
-
-
unemployment
-
-
-
76
municipal
-
-
-
16 098
total
-
-
-
38 115
Employee
55 773
-
57 830
-
municipal
16 631
-
17 245
-
national
-
-
-
-
total
16 631
-
17 245
-
Employer
55 773
-
57 830
-
other
6 481
-
6 720
-
unemployment
1 472
-
1 527
-
health
3 430
-
3 556
-
accident
112
-
116
-
pensions
6 029
-
6 251
-
total
17 524
-
18 170
-
Corporate
2 704
76 000
-
-
income
595
16 720
-
-
total
595
16 720
-
-
Dividends
2 109
59 280
-
-
withholding
633
17 784
-
-
total
633
17 784
-
-
Income
76 000
76 000
76 000
76 000
Total tax
35 383
34 504
35 415
38 115
After tax
40 617
41 496
40 585
37 885
Living cost
39 141
39 141
39 141
39 141
Free-cash
1 476
2 355
1 444
-1 256

Estimated living cost  is ₽39141 per week

₽25941
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3841
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽594
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8765
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Stockholm model

Close
Hamburg , Germany
₽18622
₽692
₽13401
₽14068
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
76 000
health

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

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

-
-
-
6 503
income

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

-
-
-
12 776
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.

-
-
-
703
trade
-
-
-
5 221
total
-
-
-
25 203
Employee

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

48 275
-
76 000
-
surtax

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

228
-
703
-
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.

4 148
-
12 776
-
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.

6 503
-
6 503
-
total
10 879
-
19 982
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
27 725
76 000
-
-
chamber of commerce
184
253
-
-
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.

229
627
-
-
trade
4 561
12 503
-
-
income
4 159
11 401
-
-
total
9 133
24 784
-
-
Dividends
18 591
51 217
-
-
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.

237
685
-
-
withholding
4 287
12 443
-
-
total
4 524
13 128
-
-
Income
76 000
76 000
76 000
76 000
Total tax
24 536
37 912
19 982
25 203
After tax
51 464
38 088
56 018
50 797
Living cost
37 396
37 396
37 396
37 396
Free-cash
14 068
692
18 622
13 401

Estimated living cost  is ₽37396 per week

₽25011
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3944
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽558
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7884
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽24320
₽23598
₽25352
₽20917
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 000
social contributions
-
-
-
11 856
health
-
-
-
1 938
income
-
-
-
5 978
total
-
-
-
19 772
Employee
73 200
73 200
73 200
-
social contributions
3 557
6 075
5 727
-
income
7 687
6 776
6 901
-
health
728
1 245
1 172
-
total
11 972
14 096
13 800
-
Employer
73 200
73 200
73 200
-
health
793
1 355
1 277
-
social contributions
3 557
6 075
5 727
-
total
4 350
7 430
7 004
-
Corporate
28 802
-
-
-
income
3 600
-
-
-
total
3 600
-
-
-
Dividends
25 202
-
-
-
withholding
4 285
-
-
-
total
4 285
-
-
-
Income
76 000
76 000
76 000
76 000
Total tax
24 207
21 526
20 804
19 772
After tax
51 793
54 474
55 196
56 228
Living cost
30 876
30 876
30 876
30 876
Free-cash
20 917
23 598
24 320
25 352

Estimated living cost  is ₽30876 per week

₽21107
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2412
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽518
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6839
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽26379
₽25215
₽34971
₽25583
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 000
health
-
-
-
5 320
income
-
-
-
9 291
pensions
-
-
-
7 600
unemployment
-
-
-
1 140
total
-
-
-
23 351
Employee

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

The minimum wage is 138,000 HUF per month.

25 519
10 156
63 598
-
income
3 120
1 242
7 775
-
pensions
2 552
1 016
6 360
-
health
1 786
711
4 452
-
unemployment
383
152
954
-
total
7 841
3 121
19 541
-
Employer

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

The minimum wage is 138,000 HUF per month.

25 519
10 156
63 598
-
pensions
4 976
1 980
12 402
-
total
4 976
1 980
12 402
-
Corporate
45 505
63 863
-
-
income
4 095
5 748
-
-
total
4 095
5 748
-
-
Dividends
41 409
58 116
-
-
social contributions
7 959
11 216
-
-
withholding
7 868
11 042
-
-
total
15 827
22 258
-
-
Income
76 000
76 000
76 000
76 000
Total tax
32 739
33 107
31 943
23 351
After tax
43 261
42 893
44 057
52 649
Living cost
17 678
17 678
17 678
17 678
Free-cash
25 583
25 215
26 379
34 971

Estimated living cost  is ₽17678 per week

₽12064
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1446
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽353
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3815
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽20812
₽37807
₽17744
₽31893
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 000
health
-
-
-
9 880
income
-
-
-
10 183
pensions
-
-
-
15 200
total
-
-
-
35 263
Employee
27 005
-
56 799
-
income
3 040
-
10 951
-
pensions
540
-
1 136
-
unemployment
432
-
909
-
total
4 012
-
12 996
-
Employer
27 005
-
56 799
-
unemployment
217
-
455
-
health
3 510
-
7 383
-
pensions
5 401
-
11 361
-
total
9 128
-
19 199
-
Corporate
39 867
76 000
-
-
income
7 974
15 200
-
-
total
7 974
15 200
-
-
Dividends
31 893
60 800
-
-
total
-
-
-
-
Income
76 000
76 000
76 000
76 000
Total tax
21 114
15 200
32 195
35 263
After tax
54 886
60 800
43 805
40 737
Living cost
22 993
22 993
22 993
22 993
Free-cash
31 893
37 807
20 812
17 744

Estimated living cost  is ₽22993 per week

₽15771
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1369
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽462
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5391
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽17294
-₽14863
₽31268
₽2932
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 000
other
-
-
-
354
health
-
-
-
2 084
accident
-
-
-
241
income
-
-
-
17 059
pensions
-
-
-
3 975
total
-
-
-
23 713
Employee
33 064
-
63 133
-
income
4 536
-
10 483
-
pensions
3 723
-
7 109
-
health
3 786
-
7 229
-
total
12 045
-
24 821
-
Employer
33 064
-
63 133
-
unemployment
810
-
1 547
-
accident
552
-
1 054
-
pensions
5 376
-
10 265
-
total
6 738
-
12 866
-
Corporate
36 197
76 000
-
-
income

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

32 578
68 400
-
-
total
32 578
68 400
-
-
Dividends
3 620
7 600
-
-
withholding
688
1 444
-
-
total
688
1 444
-
-
Income
76 000
76 000
76 000
76 000
Total tax
52 049
69 844
37 687
23 713
After tax
23 951
6 156
38 313
52 287
Living cost
21 019
21 019
21 019
21 019
Free-cash
2 932
-14 863
17 294
31 268

Estimated living cost  is ₽21019 per week

₽15405
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1165
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽439
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4011
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽52893
₽64293
₽67333
₽62811
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
76 000
microenterprise

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

-
-
-
760
total
-
-
-
760
Employee
9 884
-
76 000
-
income
1 976
-
15 200
-
total
1 976
-
15 200
-
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%.

66 116
76 000
-
-
total
-
-
-
-
Dividends
66 116
76 000
-
-
withholding
3 306
3 800
-
-
total
3 306
3 800
-
-
Income
76 000
76 000
76 000
76 000
Total tax
5 282
3 800
15 200
760
After tax
70 718
72 200
60 800
75 240
Living cost
7 907
7 907
7 907
7 907
Free-cash
62 811
64 293
52 893
67 333

Estimated living cost  is ₽7907 per week

₽4900
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽657
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽217
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2132
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽19183
₽30473
₽15788
₽24043
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 000
other
-
-
-
3 609
health
-
-
-
3 344
income
-
-
-
9 654
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.

-
-
-
18 240
total
-
-
-
34 847
Employee
34 564
-
60 704
-
income
5 951
-
10 451
-
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.

2 419
-
4 249
-
health
484
-
849
-
unemployment
345
-
607
-
total
9 199
-
16 156
-
Employer
34 564
-
60 704
-
other
1 729
-
3 035
-
unemployment
345
-
607
-
health
484
-
849
-
accident
276
-
486
-
pensions

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

5 877
-
10 319
-
total
8 711
-
15 296
-
Corporate
32 725
76 000
-
-
income
6 872
15 960
-
-
total
6 872
15 960
-
-
Dividends
25 853
60 040
-
-
withholding
1 810
4 202
-
-
total
1 810
4 202
-
-
Income
76 000
76 000
76 000
76 000
Total tax
26 592
20 162
31 452
34 847
After tax
49 408
55 838
44 548
41 153
Living cost
25 365
25 365
25 365
25 365
Free-cash
24 043
30 473
19 183
15 788

Estimated living cost  is ₽25365 per week

₽17922
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1713
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.
₽5322
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽14609
-₽5841
-₽6203
-₽25007
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 000
income
-
-
-
14 146
pensions
-
-
-
5 272
total
-
-
-
19 418
Employee
88 831
-
67 217
-
income
16 013
-
12 043
-
health
1 464
-
1 021
-
pensions
8 570
-
5 977
-
total
26 047
-
19 041
-
Employer
88 831
-
67 217
-
health
1 687
-
1 278
-
pensions
10 488
-
7 505
-
total
12 175
-
8 783
-
Corporate
-
76 000
-
-
income

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

-
14 439
-
-
total
-
14 439
-
-
Dividends
-
61 561
-
-
withholding
-
4 617
-
-
total
-
4 617
-
-
Income
76 000
76 000
76 000
76 000
Total tax
38 222
19 056
27 824
19 418
After tax
37 778
56 944
48 176
56 582
Living cost
62 785
62 785
62 785
62 785
Free-cash
-25 007
-5 841
-14 609
-6 203

Estimated living cost  is ₽62785 per week

₽47046
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7377
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽511
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7852
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽45462
₽52623
₽43453
₽48245
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 000
health
-
-
-
3 786
income
-
-
-
11 400
pensions

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

-
-
-
4 872
unemployment
-
-
-
132
total
-
-
-
20 190
Employee
16 363
-
69 541
-
income
1 636
-
6 954
-
accident

We are using the highest rate at 1.1%.

180
-
362
-
pensions

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

1 437
-
2 891
-
health
753
-
1 514
-
total
4 006
-
11 721
-
Employer
16 363
-
69 541
-
unemployment
98
-
198
-
health
1 129
-
2 272
-
accident

We are using the highest rate at 1.1%.

180
-
362
-
pensions

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

1 803
-
3 628
-
total
3 210
-
6 460
-
Corporate
56 426
76 000
-
-
income
5 642
7 600
-
-
total
5 642
7 600
-
-
Dividends
50 784
68 400
-
-
withholding
2 540
3 420
-
-
total
2 540
3 420
-
-
Income
76 000
76 000
76 000
76 000
Total tax
15 398
11 020
18 181
20 190
After tax
60 602
64 980
57 819
55 810
Living cost
12 357
12 357
12 357
12 357
Free-cash
48 245
52 623
45 462
43 453

Estimated living cost  is ₽12357 per week

₽7214
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽882
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽327
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3933
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽31439
-₽26095
-₽9541
-₽27710
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 000
health
-
-
-
10 311
income
-
-
-
11 290
pensions
-
-
-
11 153
total
-
-
-
32 754
Employee
88 257
81 292
81 292
-
income

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

13 306
13 306
13 306
-
pensions
11 153
11 153
14 633
-
health
11 011
10 613
12 477
-
total
35 470
35 072
40 416
-
Employer
88 257
81 292
81 292
-
unemployment
3 178
2 927
2 927
-
health
6 133
5 651
5 651
-
pensions
6 142
5 658
5 658
-
total
15 453
14 236
14 236
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
76 000
76 000
76 000
76 000
Total tax
50 923
49 308
54 652
32 754
After tax
25 077
26 692
21 348
43 246
Living cost
52 787
52 787
52 787
52 787
Free-cash
-27 710
-26 095
-31 439
-9 541

Estimated living cost  is ₽52787 per week

₽38939
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4715
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽605
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8528
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽15134
₽28893
₽13583
₽20534
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 000
social contributions
-
-
-
22 192
health
-
-
-
10 260
income
-
-
-
6 532
solidarity contribution
-
-
-
-
total
-
-
-
38 984
Employee
34 460
-
56 716
-
social contributions
2 240
-
3 687
-
solidarity contribution
-
-
-
-
income
4 135
-
6 806
-
health
4 652
-
7 657
-
total
11 027
-
18 150
-
Employer
34 460
-
56 716
-
health
3 101
-
5 104
-
social contributions
8 615
-
14 179
-
total
11 716
-
19 283
-
Corporate
29 823
76 000
-
-
income
5 666
14 440
-
-
total
5 666
14 440
-
-
Dividends
24 157
61 560
-
-
withholding
3 624
9 234
-
-
total
3 624
9 234
-
-
Income
76 000
76 000
76 000
76 000
Total tax
32 033
23 674
37 433
38 984
After tax
43 967
52 326
38 567
37 016
Living cost
23 433
23 433
23 433
23 433
Free-cash
20 534
28 893
15 134
13 583

Estimated living cost  is ₽23433 per week

₽16277
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1667
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.
₽5028
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽3418
₽381
₽221
-₽8603
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 000
social contributions
-
-
-
19 548
national
-
-
-
14 804
regional
-
-
-
806
municipal
-
-
-
452
total
-
-
-
35 610
Employee
84 603
-
76 000
-
social contributions
28 528
-
25 627
-
municipal
448
-
403
-
national
14 660
-
12 517
-
regional
798
-
702
-
total
44 434
-
39 249
-
Employer
84 603
-
76 000
-
total
-
-
-
-
Corporate
-
76 000
-
-
nationa
-
18 240
-
-
municipal
-
2 964
-
-
total
-
21 204
-
-
Dividends
-
54 795
-
-
withholding
-
14 246
-
-
total
-
14 246
-
-
Income
76 000
76 000
76 000
76 000
Total tax
44 434
35 450
39 249
35 610
After tax
31 566
40 550
36 751
40 390
Living cost
40 169
40 169
40 169
40 169
Free-cash
-8 603
381
-3 418
221

Estimated living cost  is ₽40169 per week

₽28001
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2634
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽616
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8917
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽18466
₽26799
₽20063
₽23835
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 000
other
-
-
-
-
health
-
-
-
5 396
income
-
-
-
12 832
pensions
-
-
-
15 200
surtax
-
-
-
1 286
unemployment
-
-
-
217
total
-
-
-
34 931
Employee
31 480
-
62 784
-
surtax
103
-
1 144
-
income
5 277
-
12 010
-
other
-
-
-
-
pensions
2 099
-
4 187
-
health
804
-
1 601
-
unemployment
2 191
-
4 370
-
total
10 474
-
23 312
-
Employer
31 480
-
62 784
-
other
-
-
-
-
unemployment
997
-
1 991
-
health
1 433
-
2 856
-
pensions
4 196
-
8 369
-
total
6 626
-
13 216
-
Corporate
37 894
76 000
-
-
income
9 853
19 759
-
-
total
9 853
19 759
-
-
Dividends
28 041
56 241
-
-
withholding
4 206
8 436
-
-
total
4 206
8 436
-
-
Income
76 000
76 000
76 000
76 000
Total tax
31 159
28 195
36 528
34 931
After tax
44 841
47 805
39 472
41 069
Living cost
21 006
21 006
21 006
21 006
Free-cash
23 835
26 799
18 466
20 063

Estimated living cost  is ₽21006 per week

₽12844
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1938
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.
₽5739
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽5283
₽14051
₽13689
₽6664
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 000
income
-
-
-
14 146
pensions
-
-
-
5 272
total
-
-
-
19 418
Employee
59 532
-
67 217
-
income
10 722
-
12 043
-
health
864
-
1 021
-
pensions
5 053
-
5 977
-
total
16 639
-
19 041
-
Employer
59 532
-
67 217
-
health
1 131
-
1 278
-
pensions
6 444
-
7 505
-
total
7 575
-
8 783
-
Corporate
8 893
76 000
-
-
income

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

1 689
14 439
-
-
total
1 689
14 439
-
-
Dividends
7 203
61 561
-
-
withholding
540
4 617
-
-
total
540
4 617
-
-
Income
76 000
76 000
76 000
76 000
Total tax
26 443
19 056
27 824
19 418
After tax
49 557
56 944
48 176
56 582
Living cost
42 893
42 893
42 893
42 893
Free-cash
6 664
14 051
5 283
13 689

Estimated living cost  is ₽42893 per week

₽32135
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3215
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽449
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7094
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽16025
-₽41381
-₽12126
-₽21582
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 000
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.

-
-
-
1 519
health
-
-
-
248
pensions
-
-
-
6 993
city
-
-
-
800
national
-
-
-
306
regional
-
-
-
2 126
total
-
-
-
11 992
Employee
89 097
-
68 022
-
national
422
-
254
-
city
956
-
731
-
pensions
7 485
-
5 716
-
health
201
-
153
-
regional
2 917
-
1 807
-
unemployment
-
-
-
-
total
11 981
-
8 661
-
Employer
89 097
-
68 022
-
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.

1 781
-
1 361
-
unemployment
-
-
-
-
health
201
-
153
-
pensions
7 485
-
5 716
-
total
9 467
-
7 230
-
Corporate
-
76 000
-
-
regional
-
16 073
-
-
national
-
6 461
-
-
total
-
22 534
-
-
Dividends
-
53 466
-
-
withholding
-
18 713
-
-
total
-
18 713
-
-
Income
76 000
76 000
76 000
76 000
Total tax
21 448
41 247
15 891
11 992
After tax
54 552
34 753
60 109
64 008
Living cost
76 134
76 134
76 134
76 134
Free-cash
-21 582
-41 381
-16 025
-12 126

Estimated living cost  is ₽76134 per week

₽49509
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6832
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽935
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18858
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽12409
-₽5908
₽6966
₽9527
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
76 000
health

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

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

-
-
-
6 503
income

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

-
-
-
12 776
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.

-
-
-
703
trade
-
-
-
5 443
total
-
-
-
25 425
Employee

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

57 210
-
76 000
-
surtax

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

370
-
703
-
income

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

6 727
-
12 776
-
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.

6 503
-
6 503
-
total
13 600
-
19 982
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
18 790
76 000
-
-
chamber of commerce
172
251
-
-
surtax

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

155
627
-
-
trade
3 223
13 034
-
-
income
2 818
11 401
-
-
total
6 368
25 313
-
-
Dividends
12 422
50 687
-
-
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.

152
677
-
-
withholding
2 744
12 309
-
-
total
2 896
12 986
-
-
Income
76 000
76 000
76 000
76 000
Total tax
22 864
38 299
19 982
25 425
After tax
53 136
37 701
56 018
50 575
Living cost
43 609
43 609
43 609
43 609
Free-cash
9 527
-5 908
12 409
6 966

Estimated living cost  is ₽43609 per week

₽31850
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3488
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽567
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7705
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽12387
₽5734
₽11633
₽11358
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 000
other
-
-
-
2 356
social contributions
-
-
-
2 166
health
-
-
-
658
income
-
-
-
4 327
pensions
-
-
-
22 291
surtax
-
-
-
-
total
-
-
-
31 798
Employee
40 742
-
57 915
-
surtax
-
-
-
-
social contributions
1 162
-
1 649
-
income
2 404
-
4 760
-
pensions
4 607
-
6 550
-
total
8 173
-
12 959
-
Employer
40 742
-
57 915
-
other
1 405
-
1 998
-
unemployment
1 649
-
2 345
-
health
2 852
-
4 054
-
pensions
6 693
-
9 515
-
social contributions
123
-
173
-
total
12 722
-
18 085
-
Corporate
22 535
76 000
-
-
surtax
-
-
-
-
income
6 310
21 281
-
-
total
6 310
21 281
-
-
Dividends
16 225
54 719
-
-
social contributions
2 791
9 412
-
-
surtax
-
-
-
-
withholding
2 077
7 004
-
-
total
4 868
16 416
-
-
Income
76 000
76 000
76 000
76 000
Total tax
32 073
37 697
31 044
31 798
After tax
43 927
38 303
44 956
44 202
Living cost
32 569
32 569
32 569
32 569
Free-cash
11 358
5 734
12 387
11 633

Estimated living cost  is ₽32569 per week

₽20536
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2648
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.
₽8832
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽15614
₽8961
₽14860
₽14252
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 000
other
-
-
-
2 356
social contributions
-
-
-
2 166
health
-
-
-
658
income
-
-
-
4 327
pensions
-
-
-
22 291
surtax
-
-
-
-
total
-
-
-
31 798
Employee
36 368
-
57 915
-
surtax
-
-
-
-
social contributions
1 037
-
1 649
-
income
1 875
-
4 760
-
pensions
4 113
-
6 550
-
total
7 025
-
12 959
-
Employer
36 368
-
57 915
-
other
1 256
-
1 998
-
unemployment
1 472
-
2 345
-
health
2 545
-
4 054
-
pensions
5 976
-
9 515
-
social contributions
108
-
173
-
total
11 357
-
18 085
-
Corporate
28 275
76 000
-
-
surtax
-
-
-
-
income
7 916
21 281
-
-
total
7 916
21 281
-
-
Dividends
20 359
54 719
-
-
social contributions
3 501
9 412
-
-
surtax
-
-
-
-
withholding
2 607
7 004
-
-
total
6 108
16 416
-
-
Income
76 000
76 000
76 000
76 000
Total tax
32 406
37 697
31 044
31 798
After tax
43 594
38 303
44 956
44 202
Living cost
29 342
29 342
29 342
29 342
Free-cash
14 252
8 961
15 614
14 860

Estimated living cost  is ₽29342 per week

₽17017
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2981
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽556
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8789
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽29745
₽26180
₽28618
₽26675
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 000
social contributions
-
-
-
10 489
health
-
-
-
5 306
income
-
-
-
11 401
total
-
-
-
27 196
Employee
32 277
-
76 000
-
social contributions
4 455
-
10 489
-
income
5 383
-
10 274
-
health
2 253
-
5 306
-
total
12 091
-
26 069
-
Employer
32 277
-
76 000
-
total
-
-
-
-
Corporate
43 723
76 000
-
-
income

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

2 186
3 801
-
-
total
2 186
3 801
-
-
Dividends
41 538
72 199
-
-
social contributions
5 732
9 963
-
-
withholding
6 231
10 830
-
-
health
2 899
5 040
-
-
total
14 862
25 833
-
-
Income
76 000
76 000
76 000
76 000
Total tax
29 139
29 634
26 069
27 196
After tax
46 861
46 366
49 931
48 804
Living cost
20 186
20 186
20 186
20 186
Free-cash
26 675
26 180
29 745
28 618

Estimated living cost  is ₽20186 per week

₽13509
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1245
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽464
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4966
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽7806
₽9383
₽6873
₽7912
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 000
health
-
-
-
5 813
income
-
-
-
9 381
chamber of commerce
-
-
-
303
pensions
-
-
-
14 060
surtax
-
-
-
188
unemployment
-
-
-
5 839
total
-
-
-
35 584
Employee
47 574
37 936
58 867
-
income
5 416
2 798
8 653
-
other
475
379
589
-
pensions
4 872
3 884
6 028
-
health
1 841
1 469
2 278
-
unemployment
1 427
1 138
1 767
-
total
14 031
9 668
19 315
-
Employer
47 574
37 936
58 867
-
other
2 260
1 801
2 796
-
unemployment
1 427
1 138
1 767
-
health
1 797
1 434
2 226
-
surtax
188
188
188
-
accident
618
493
766
-
pensions
5 970
4 762
7 389
-
payroll
1 427
1 138
1 767
-
chamber of commerce
190
152
235
-
total
13 877
11 106
17 134
-
Corporate
14 549
26 957
55 254
-
income

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

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

3 636
6 740
13 814
-
total
3 636
6 740
13 814
-
Dividends
10 912
20 217
-
-
withholding
3 001
5 560
-
-
total
3 001
5 560
-
-
Income
76 000
76 000
76 000
76 000
Total tax
34 545
33 074
50 263
35 584
After tax
41 455
42 926
25 737
40 416
Living cost
33 543
33 543
33 543
33 543
Free-cash
7 912
9 383
-7 806
6 873

Estimated living cost  is ₽33543 per week

₽22372
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2861
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.
₽7759
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽3928
₽7985
₽2933
-₽11916
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 000
social contributions
-
-
-
10 819
communal

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

-
-
-
3 911
national
-
-
-
23 628
total
-
-
-
38 358
Employee

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

68 093
-
58 862
-
national
20 935
-
17 322
-
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.

5 107
-
4 415
-
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.

3 199
-
2 768
-
communal

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

3 552
-
3 069
-
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.

593
-
511
-
total
33 386
-
28 085
-
Employer

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

68 093
-
58 862
-
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.

994
-
860
-
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.

4 187
-
3 620
-
surtax
7 721
-
6 673
-
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.

885
-
766
-
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.

6 034
-
5 215
-
total
19 821
-
17 134
-
Corporate
-
76 000
-
-
surtax
-
303
-
-
income
-
15 200
-
-
total
-
15 503
-
-
Dividends
-
60 497
-
-
withholding

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

-
17 803
-
-
total
-
17 803
-
-
Income
76 000
76 000
76 000
76 000
Total tax
53 207
33 306
45 219
38 358
After tax
22 793
42 694
30 781
37 642
Living cost
34 709
34 709
34 709
34 709
Free-cash
-11 916
7 985
-3 928
2 933

Estimated living cost  is ₽34709 per week

₽22357
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3035
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽544
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8774
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽6716
₽16872
₽6175
₽9287
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 000
other
-
-
-
76
accident
-
-
-
685
income
-
-
-
12 646
pensions
-
-
-
21 508
unemployment
-
-
-
531
total
-
-
-
35 446
Employee
47 385
-
57 626
-
income
9 998
-
12 876
-
other
47
-
58
-
pensions
2 227
-
2 708
-
unemployment
735
-
892
-
total
13 007
-
16 534
-
Employer
47 385
-
57 626
-
other
378
-
461
-
unemployment
2 607
-
3 169
-
accident
938
-
1 142
-
pensions
11 182
-
13 599
-
total
15 105
-
18 371
-
Corporate
13 510
76 000
-
-
income

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

2 027
11 401
-
-
total
2 027
11 401
-
-
Dividends
11 484
64 599
-
-
withholding
2 195
13 348
-
-
total
2 195
13 348
-
-
Income
76 000
76 000
76 000
76 000
Total tax
32 334
24 749
34 905
35 446
After tax
43 666
51 251
41 095
40 554
Living cost
34 379
34 379
34 379
34 379
Free-cash
9 287
16 872
6 716
6 175

Estimated living cost  is ₽34379 per week

₽25316
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2439
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽495
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6128
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽2435
-₽4714
-₽6310
-₽4703
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 000
health
-
-
-
5 340
accident
-
-
-
641
income
-
-
-
4 633
pensions
-
-
-
11 392
communal
-
-
-
4 803
surtax
-
-
-
3 768
total
-
-
-
30 577
Employee
72 090
-
67 889
-
surtax
4 419
-
4 160
-
income
6 963
-
5 981
-
pensions
5 766
-
5 430
-
health
3 208
-
3 020
-
total
20 356
-
18 591
-
Employer
72 090
-
67 889
-
health
2 199
-
2 070
-
accident
649
-
611
-
pensions
5 766
-
5 430
-
total
8 614
-
8 111
-
Corporate
-
76 000
-
-
surtax
-
798
-
-
income
-
11 401
-
-
communal
-
5 130
-
-
total
-
17 329
-
-
Dividends
-
58 670
-
-
income
-
2 851
-
-
withholding
-
8 801
-
-
total
-
11 652
-
-
Income
76 000
76 000
76 000
76 000
Total tax
28 970
28 981
26 702
30 577
After tax
47 030
47 019
49 298
45 423
Living cost
51 733
51 733
51 733
51 733
Free-cash
-4 703
-4 714
-2 435
-6 310

Estimated living cost  is ₽51733 per week

₽38807
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3134
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽547
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9242
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽18090
₽26423
₽19687
₽23395
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 000
other
-
-
-
-
health
-
-
-
5 396
income
-
-
-
12 832
pensions
-
-
-
15 200
surtax
-
-
-
1 286
unemployment
-
-
-
217
total
-
-
-
34 931
Employee
32 058
-
62 784
-
surtax
114
-
1 144
-
income
5 374
-
12 010
-
other
-
-
-
-
pensions
2 139
-
4 187
-
health
818
-
1 601
-
unemployment
2 231
-
4 370
-
total
10 676
-
23 312
-
Employer
32 058
-
62 784
-
other
-
-
-
-
unemployment
1 017
-
1 991
-
health
1 458
-
2 856
-
pensions
4 274
-
8 369
-
total
6 749
-
13 216
-
Corporate
37 193
76 000
-
-
income
9 670
19 759
-
-
total
9 670
19 759
-
-
Dividends
27 523
56 241
-
-
withholding
4 128
8 436
-
-
total
4 128
8 436
-
-
Income
76 000
76 000
76 000
76 000
Total tax
31 223
28 195
36 528
34 931
After tax
44 777
47 805
39 472
41 069
Living cost
21 382
21 382
21 382
21 382
Free-cash
23 395
26 423
18 090
19 687

Estimated living cost  is ₽21382 per week

₽12909
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1859
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽497
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6119
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽10787
₽14305
₽14407
₽12191
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 000
social contributions
-
-
-
19 548
national
-
-
-
14 804
regional
-
-
-
1 146
municipal
-
-
-
452
total
-
-
-
35 950
Employee
52 806
-
76 000
-
social contributions
17 807
-
25 627
-
municipal
280
-
403
-
national
8 366
-
12 517
-
regional
711
-
1 023
-
total
27 164
-
39 570
-
Employer
52 806
-
76 000
-
total
-
-
-
-
Corporate
23 194
76 000
-
-
nationa
5 566
18 240
-
-
municipal
1 153
3 777
-
-
total
6 719
22 017
-
-
Dividends
16 476
53 982
-
-
withholding
4 283
14 035
-
-
total
4 283
14 035
-
-
Income
76 000
76 000
76 000
76 000
Total tax
38 166
36 052
39 570
35 950
After tax
37 834
39 948
36 430
40 050
Living cost
25 643
25 643
25 643
25 643
Free-cash
12 191
14 305
10 787
14 407

Estimated living cost  is ₽25643 per week

₽15948
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2598
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽439
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6659
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽9692
₽23450
₽8140
₽13148
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 000
social contributions
-
-
-
22 192
health
-
-
-
10 260
income
-
-
-
6 532
solidarity contribution
-
-
-
-
total
-
-
-
38 984
Employee
42 464
-
56 716
-
social contributions
2 760
-
3 687
-
solidarity contribution
-
-
-
-
income
5 096
-
6 806
-
health
5 733
-
7 657
-
total
13 589
-
18 150
-
Employer
42 464
-
56 716
-
health
3 822
-
5 104
-
social contributions
10 616
-
14 179
-
total
14 438
-
19 283
-
Corporate
19 098
76 000
-
-
income
3 629
14 440
-
-
total
3 629
14 440
-
-
Dividends
15 470
61 560
-
-
withholding
2 320
9 234
-
-
total
2 320
9 234
-
-
Income
76 000
76 000
76 000
76 000
Total tax
33 976
23 674
37 433
38 984
After tax
42 024
52 326
38 567
37 016
Living cost
28 876
28 876
28 876
28 876
Free-cash
13 148
23 450
9 692
8 140

Estimated living cost  is ₽28876 per week

₽21474
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1600
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽500
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5303
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽4589
₽12659
₽10234
₽12187
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 000
health
-
-
-
5 813
income
-
-
-
9 381
chamber of commerce
-
-
-
303
pensions
-
-
-
14 060
surtax
-
-
-
-
unemployment
-
-
-
5 839
total
-
-
-
35 396
Employee
41 612
37 936
59 014
-
income
3 707
2 798
8 695
-
other
415
379
591
-
pensions
4 262
3 884
6 043
-
health
1 610
1 469
2 283
-
unemployment
1 248
1 138
1 770
-
total
11 242
9 668
19 382
-
Employer
41 612
37 936
59 014
-
other
1 976
1 801
2 804
-
unemployment
1 248
1 138
1 770
-
health
1 573
1 434
2 231
-
surtax
-
-
-
-
accident
540
493
768
-
pensions
5 223
4 762
7 407
-
payroll
1 248
1 138
1 770
-
chamber of commerce
166
152
237
-
total
11 974
10 918
16 987
-
Corporate
22 412
27 145
55 401
-
income

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

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

5 604
6 787
13 850
-
total
5 604
6 787
13 850
-
Dividends
16 809
20 358
-
-
withholding
4 623
5 598
-
-
total
4 623
5 598
-
-
Income
76 000
76 000
76 000
76 000
Total tax
33 443
32 971
50 219
35 396
After tax
42 557
43 029
25 781
40 604
Living cost
30 370
30 370
30 370
30 370
Free-cash
12 187
12 659
-4 589
10 234

Estimated living cost  is ₽30370 per week

₽18218
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3102
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽542
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8509
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽48478
₽59878
₽62918
₽57567
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
76 000
microenterprise

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

-
-
-
760
total
-
-
-
760
Employee
15 402
-
76 000
-
income
3 081
-
15 200
-
total
3 081
-
15 200
-
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%.

60 598
76 000
-
-
total
-
-
-
-
Dividends
60 598
76 000
-
-
withholding
3 030
3 800
-
-
total
3 030
3 800
-
-
Income
76 000
76 000
76 000
76 000
Total tax
6 111
3 800
15 200
760
After tax
69 889
72 200
60 800
75 240
Living cost
12 322
12 322
12 322
12 322
Free-cash
57 567
59 878
48 478
62 918

Estimated living cost  is ₽12322 per week

₽8338
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽517
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽413
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3053
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽12451
₽26793
₽14629
₽18831
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
76 000
health
-
-
-
7 479
income
-
-
-
14 366
pensions
-
-
-
13 879
unemployment
-
-
-
114
total
-
-
-
35 838
Employee

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

42 095
-
65 761
-
income
7 259
-
13 245
-
pensions
6 525
-
10 192
-
health
2 719
-
4 247
-
unemployment
60
-
92
-
total
16 563
-
27 776
-
Employer

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

42 095
-
65 761
-
unemployment
25
-
40
-
health
2 804
-
4 379
-
pensions
3 725
-
5 821
-
total
6 554
-
10 240
-
Corporate
27 351
76 000
-
-
income
5 197
14 439
-
-
total
5 197
14 439
-
-
Dividends
22 154
61 561
-
-
withholding
3 322
9 235
-
-
total
3 322
9 235
-
-
Income
76 000
76 000
76 000
76 000
Total tax
31 636
23 674
38 016
35 838
After tax
44 364
52 326
37 984
40 162
Living cost
25 533
25 533
25 533
25 533
Free-cash
18 831
26 793
12 451
14 629

Estimated living cost  is ₽25533 per week

₽17523
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1637
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽495
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5880
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽19721
₽3109
₽9393
-₽73037
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 000
social contributions
-
-
-
8 664
income
-
-
-
14 814
total
-
-
-
23 478
Employee
61 841
-
-
-
social contributions
5 071
-
723
-
income
13 641
-
-
-
total
18 712
-
723
-
Employer
61 841
-
-
-
social contributions
87 196
-
12 427
-
total
87 196
-
12 427
-
Corporate
-
76 000
-
-
income
-
16 720
-
-
total
-
16 720
-
-
Dividends
-
59 280
-
-
income
-
13 042
-
-
total
-
13 042
-
-
Income
76 000
76 000
76 000
76 000
Total tax
105 908
29 762
13 150
23 478
After tax
-29 908
46 238
62 850
52 522
Living cost
43 129
43 129
43 129
43 129
Free-cash
-73 037
3 109
19 721
9 393

Estimated living cost  is ₽43129 per week

₽27984
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4056
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.
₽10539
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽10010
₽13370
₽13165
₽12412
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
76 000
social contributions

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

-
-
-
26 409
income
-
-
-
6 567
surtax
-
-
-
-
total
-
-
-
32 976
Employee
43 782
-
61 414
-
surtax
-
-
-
-
social contributions
4 816
-
6 756
-
income
9 107
-
14 789
-
total
13 923
-
21 545
-
Employer
43 782
-
61 414
-
social contributions
10 398
-
14 586
-
total
10 398
-
14 586
-
Corporate
21 820
76 000
-
-
surtax
-
-
-
-
income
4 581
15 960
-
-
total
4 581
15 960
-
-
Dividends
17 238
60 040
-
-
withholding
4 827
16 811
-
-
total
4 827
16 811
-
-
Income
76 000
76 000
76 000
76 000
Total tax
33 729
32 771
36 131
32 976
After tax
42 271
43 229
39 869
43 024
Living cost
29 859
29 859
29 859
29 859
Free-cash
12 412
13 370
10 010
13 165

Estimated living cost  is ₽29859 per week

₽22341
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1761
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽499
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5259
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽1022
-₽7675
-₽1776
-₽2244
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 000
other
-
-
-
2 356
social contributions
-
-
-
2 166
health
-
-
-
658
income
-
-
-
4 327
pensions
-
-
-
22 291
surtax
-
-
-
-
total
-
-
-
31 798
Employee
59 622
-
57 915
-
surtax
-
-
-
-
social contributions
1 698
-
1 649
-
income
5 202
-
4 760
-
pensions
6 744
-
6 550
-
total
13 644
-
12 959
-
Employer
59 622
-
57 915
-
other
2 058
-
1 998
-
unemployment
2 415
-
2 345
-
health
4 173
-
4 054
-
pensions
9 797
-
9 515
-
social contributions
179
-
173
-
total
18 622
-
18 085
-
Corporate
-
76 000
-
-
surtax
-
-
-
-
income
-
21 281
-
-
total
-
21 281
-
-
Dividends
-
54 719
-
-
social contributions
-
9 412
-
-
surtax
-
-
-
-
withholding
-
7 004
-
-
total
-
16 416
-
-
Income
76 000
76 000
76 000
76 000
Total tax
32 266
37 697
31 044
31 798
After tax
43 734
38 303
44 956
44 202
Living cost
45 978
45 978
45 978
45 978
Free-cash
-2 244
-7 675
-1 022
-1 776

Estimated living cost  is ₽45978 per week

₽31117
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3761
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽630
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10469
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽31999
₽39785
₽29869
₽36587
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 000
income
-
-
-
797
social contributions
-
-
-
16 719
total
-
-
-
17 516
Employee
30 604
-
65 801
-
income
-
-
909
-
social contributions
1 989
-
4 278
-
total
1 989
-
5 187
-
Employer
30 604
-
65 801
-
social contributions
4 744
-
10 199
-
total
4 744
-
10 199
-
Corporate
40 652
76 000
-
-
income
4 065
7 600
-
-
total
4 065
7 600
-
-
Dividends
36 588
68 400
-
-
total
-
-
-
-
Income
76 000
76 000
76 000
76 000
Total tax
10 798
7 600
15 386
17 516
After tax
65 202
68 400
60 614
58 484
Living cost
28 615
28 615
28 615
28 615
Free-cash
36 587
39 785
31 999
29 869

Estimated living cost  is ₽28615 per week

₽18502
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2157
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽538
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7417
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽131082
-₽131082
₽2180
-₽131082
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 000
labour market
-
-
-
6 014
pensions
-
-
-
824
national
-
-
-
7 770
municipal
-
-
-
13 438
total
-
-
-
28 046
Employee
193 200
193 200
193 200
-
labour market
15 434
15 434
15 434
-
municipal
41 141
41 141
41 141
-
national
23 603
23 603
23 603
-
pensions
275
275
275
-
total
80 453
80 453
80 453
-
Employer
193 200
193 200
193 200
-
national
23 644
23 644
23 644
-
labour market
15 456
15 456
15 456
-
pensions
549
549
549
-
municipal
41 206
41 206
41 206
-
total
80 855
80 855
80 855
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
76 000
76 000
76 000
76 000
Total tax
161 308
161 308
161 308
28 046
After tax
-85 308
-85 308
-85 308
47 954
Living cost
45 774
45 774
45 774
45 774
Free-cash
-131 082
-131 082
-131 082
2 180

Estimated living cost  is ₽45774 per week

₽31328
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4049
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽704
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9692
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽17604
-₽14553
₽31578
₽2980
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 000
other
-
-
-
354
health
-
-
-
2 084
accident
-
-
-
241
income
-
-
-
17 059
pensions
-
-
-
3 975
total
-
-
-
23 713
Employee
32 577
-
63 133
-
income
4 469
-
10 483
-
pensions
3 668
-
7 109
-
health
3 730
-
7 229
-
total
11 867
-
24 821
-
Employer
32 577
-
63 133
-
unemployment
798
-
1 547
-
accident
544
-
1 054
-
pensions
5 297
-
10 265
-
total
6 639
-
12 866
-
Corporate
36 784
76 000
-
-
income

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

33 106
68 400
-
-
total
33 106
68 400
-
-
Dividends
3 678
7 600
-
-
withholding
699
1 444
-
-
total
699
1 444
-
-
Income
76 000
76 000
76 000
76 000
Total tax
52 311
69 844
37 687
23 713
After tax
23 689
6 156
38 313
52 287
Living cost
20 709
20 709
20 709
20 709
Free-cash
2 980
-14 553
17 604
31 578

Estimated living cost  is ₽20709 per week

₽15074
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1181
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽389
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4066
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽8331
₽15214
₽19435
₽11395
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
76 000
health
-
-
-
773
national
-
-
-
5 703
municipal
-
-
-
13 541
total
-
-
-
20 017
Employee
50 084
-
63 934
-
municipal
8 203
-
10 452
-
national
827
-
2 744
-
pensions
3 380
-
4 316
-
health
374
-
587
-
unemployment
752
-
959
-
total
13 536
-
19 058
-
Employer
50 084
-
63 934
-
unemployment
325
-
415
-
health
385
-
493
-
accident
51
-
63
-
pensions
8 689
-
11 092
-
total
9 450
-
12 063
-
Corporate
16 466
76 000
-
-
income
3 293
15 200
-
-
total
3 293
15 200
-
-
Dividends

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

9 880
45 600
-
-
national
-
829
-
-
municipal
1 778
8 209
-
-
total
1 778
9 038
-
-
Income
76 000
76 000
76 000
76 000
Total tax
28 057
24 238
31 121
20 017
After tax
47 943
51 762
44 879
55 983
Living cost
36 548
36 548
36 548
36 548
Free-cash
11 395
15 214
8 331
19 435

Estimated living cost  is ₽36548 per week

₽23873
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3515
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽582
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8579
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽33156
₽32434
₽34188
₽28521
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 000
social contributions
-
-
-
11 856
health
-
-
-
1 938
income
-
-
-
5 978
total
-
-
-
19 772
Employee
73 200
73 200
73 200
-
social contributions
2 768
6 075
5 727
-
income
7 970
6 776
6 901
-
health
567
1 245
1 172
-
total
11 305
14 096
13 800
-
Employer
73 200
73 200
73 200
-
health
616
1 355
1 277
-
social contributions
2 768
6 075
5 727
-
total
3 384
7 430
7 004
-
Corporate
39 271
-
-
-
income
4 908
-
-
-
total
4 908
-
-
-
Dividends
34 363
-
-
-
withholding
5 842
-
-
-
total
5 842
-
-
-
Income
76 000
76 000
76 000
76 000
Total tax
25 439
21 526
20 804
19 772
After tax
50 561
54 474
55 196
56 228
Living cost
22 040
22 040
22 040
22 040
Free-cash
28 521
32 434
33 156
34 188

Estimated living cost  is ₽22040 per week

₽13209
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2162
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽488
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6182
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽31828
₽47822
₽44384
₽42979
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
76 000
health
-
-
-
3 445
income
-
-
-
6 975
pensions
-
-
-
6 055
unemployment
-
-
-
27
total
-
-
-
16 502
Employee

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

21 850
-
68 902
-
income
1 494
-
5 423
-
pensions
3 277
-
10 335
-
health
1 857
-
5 857
-
unemployment
108
-
345
-
total
6 736
-
21 960
-
Employer

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

21 850
-
68 902
-
unemployment
108
-
345
-
health
939
-
2 963
-
pensions
1 201
-
3 790
-
total
2 248
-
7 098
-
Corporate
51 901
76 000
-
-
income
4 672
6 839
-
-
total
4 672
6 839
-
-
Dividends
47 229
69 161
-
-
withholding
4 251
6 225
-
-
total
4 251
6 225
-
-
Income
76 000
76 000
76 000
76 000
Total tax
17 907
13 064
29 058
16 502
After tax
58 093
62 936
46 942
59 498
Living cost
15 114
15 114
15 114
15 114
Free-cash
42 979
47 822
31 828
44 384

Estimated living cost  is ₽15114 per week

₽9643
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1089
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽450
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3931
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽14918
₽25074
₽14377
₽20079
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 000
other
-
-
-
76
accident
-
-
-
685
income
-
-
-
12 646
pensions
-
-
-
21 508
unemployment
-
-
-
531
total
-
-
-
35 446
Employee
35 199
-
57 626
-
income
6 786
-
12 876
-
other
34
-
58
-
pensions
1 655
-
2 708
-
unemployment
546
-
892
-
total
9 021
-
16 534
-
Employer
35 199
-
57 626
-
other
282
-
461
-
unemployment
1 937
-
3 169
-
accident
697
-
1 142
-
pensions
8 306
-
13 599
-
total
11 222
-
18 371
-
Corporate
29 579
76 000
-
-
income

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

4 437
11 401
-
-
total
4 437
11 401
-
-
Dividends
25 142
64 599
-
-
withholding
5 064
13 348
-
-
total
5 064
13 348
-
-
Income
76 000
76 000
76 000
76 000
Total tax
29 744
24 749
34 905
35 446
After tax
46 256
51 251
41 095
40 554
Living cost
26 177
26 177
26 177
26 177
Free-cash
20 079
25 074
14 918
14 377

Estimated living cost  is ₽26177 per week

₽17669
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2516
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽459
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5533
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽46481
₽45664
₽46606
₽45373
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 000
health
-
-
-
931
income
-
-
-
25 419
pensions
-
-
-
1 284
total
-
-
-
27 634
Employee
2 681
-
74 556
-
income
519
-
25 352
-
pensions
241
-
578
-
health
134
-
321
-
unemployment
27
-
64
-
total
921
-
26 315
-
Employer
2 681
-
74 556
-
unemployment
54
-
128
-
health
255
-
610
-
pensions
295
-
706
-
total
604
-
1 444
-
Corporate
72 716
76 000
-
-
income
15 998
16 720
-
-
total
15 998
16 720
-
-
Dividends
56 719
59 280
-
-
withholding
11 344
11 856
-
-
total
11 344
11 856
-
-
Income
76 000
76 000
76 000
76 000
Total tax
28 867
28 576
27 759
27 634
After tax
47 133
47 424
48 241
48 366
Living cost
1 760
1 760
1 760
1 760
Free-cash
45 373
45 664
46 481
46 606

Estimated living cost  is ₽1760 per week

₽1046
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽143
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽40
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽531
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽22889
₽38477
₽21474
₽33801
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
76 000
health
-
-
-
7 233
income
-
-
-
11 549
pensions
-
-
-
18 258
unemployment
-
-
-
1 053
total
-
-
-
38 093
Employee

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

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

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

24 780
-
64 461
-
income
3 416
-
12 312
-
pensions
3 469
-
9 025
-
health
1 276
-
3 320
-
unemployment
186
-
483
-
total
8 347
-
25 140
-
Employer

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

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

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

24 780
-
64 461
-
unemployment
186
-
483
-
health
1 276
-
3 320
-
pensions
2 974
-
7 735
-
total
4 436
-
11 538
-
Corporate
46 785
76 000
-
-
income
7 018
11 400
-
-
total
7 018
11 400
-
-
Dividends
39 767
64 600
-
-
withholding
5 965
9 690
-
-
total
5 965
9 690
-
-
Income
76 000
76 000
76 000
76 000
Total tax
25 766
21 090
36 678
38 093
After tax
50 234
54 910
39 322
37 907
Living cost
16 433
16 433
16 433
16 433
Free-cash
33 801
38 477
22 889
21 474

Estimated living cost  is ₽16433 per week

₽11064
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1271
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽476
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3622
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽14205
₽17565
₽17360
₽17222
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
76 000
social contributions

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

-
-
-
26 409
income
-
-
-
6 567
surtax
-
-
-
-
total
-
-
-
32 976
Employee
36 947
-
61 414
-
surtax
-
-
-
-
social contributions
4 065
-
6 756
-
income
7 219
-
14 789
-
total
11 284
-
21 545
-
Employer
36 947
-
61 414
-
social contributions
8 774
-
14 586
-
total
8 774
-
14 586
-
Corporate
30 279
76 000
-
-
surtax
-
-
-
-
income
6 359
15 960
-
-
total
6 359
15 960
-
-
Dividends
23 920
60 040
-
-
withholding
6 697
16 811
-
-
total
6 697
16 811
-
-
Income
76 000
76 000
76 000
76 000
Total tax
33 114
32 771
36 131
32 976
After tax
42 886
43 229
39 869
43 024
Living cost
25 664
25 664
25 664
25 664
Free-cash
17 222
17 565
14 205
17 360

Estimated living cost  is ₽25664 per week

₽18177
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1783
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽455
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5250
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽7639
₽17795
₽7098
₽10536
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 000
other
-
-
-
76
accident
-
-
-
685
income
-
-
-
12 646
pensions
-
-
-
21 508
unemployment
-
-
-
531
total
-
-
-
35 446
Employee
45 975
-
57 626
-
income
9 602
-
12 876
-
other
45
-
58
-
pensions
2 161
-
2 708
-
unemployment
712
-
892
-
total
12 520
-
16 534
-
Employer
45 975
-
57 626
-
other
369
-
461
-
unemployment
2 529
-
3 169
-
accident
910
-
1 142
-
pensions
10 850
-
13 599
-
total
14 658
-
18 371
-
Corporate
15 368
76 000
-
-
income

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

2 305
11 401
-
-
total
2 305
11 401
-
-
Dividends
13 062
64 599
-
-
withholding
2 525
13 348
-
-
total
2 525
13 348
-
-
Income
76 000
76 000
76 000
76 000
Total tax
32 008
24 749
34 905
35 446
After tax
43 992
51 251
41 095
40 554
Living cost
33 456
33 456
33 456
33 456
Free-cash
10 536
17 795
7 639
7 098

Estimated living cost  is ₽33456 per week

₽24026
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2601
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.
₽6357
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽41606
₽48767
₽39597
₽43023
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 000
health
-
-
-
3 786
income
-
-
-
11 400
pensions

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

-
-
-
4 872
unemployment
-
-
-
132
total
-
-
-
20 190
Employee
21 469
-
69 541
-
income
2 147
-
6 954
-
accident

We are using the highest rate at 1.1%.

236
-
362
-
pensions

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

1 885
-
2 891
-
health
988
-
1 514
-
total
5 256
-
11 721
-
Employer
21 469
-
69 541
-
unemployment
129
-
198
-
health
1 481
-
2 272
-
accident

We are using the highest rate at 1.1%.

236
-
362
-
pensions

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

2 366
-
3 628
-
total
4 212
-
6 460
-
Corporate
50 319
76 000
-
-
income
5 032
7 600
-
-
total
5 032
7 600
-
-
Dividends
45 287
68 400
-
-
withholding
2 264
3 420
-
-
total
2 264
3 420
-
-
Income
76 000
76 000
76 000
76 000
Total tax
16 764
11 020
18 181
20 190
After tax
59 236
64 980
57 819
55 810
Living cost
16 213
16 213
16 213
16 213
Free-cash
43 023
48 767
41 606
39 597

Estimated living cost  is ₽16213 per week

₽10723
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽928
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽387
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4176
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽19266
₽2510
₽14712
₽14963
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
76 000
health

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

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

-
-
-
6 503
income

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

-
-
-
12 776
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.

-
-
-
703
trade
-
-
-
4 554
total
-
-
-
24 536
Employee

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

47 365
-
76 000
-
surtax

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

215
-
703
-
income

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

3 895
-
12 776
-
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.

6 503
-
6 503
-
total
10 613
-
19 982
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
28 635
76 000
-
-
chamber of commerce
186
257
-
-
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.

237
627
-
-
trade
4 110
10 906
-
-
income
4 296
11 401
-
-
total
8 829
23 191
-
-
Dividends
19 807
52 810
-
-
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.

253
706
-
-
withholding
4 590
12 841
-
-
total
4 843
13 547
-
-
Income
76 000
76 000
76 000
76 000
Total tax
24 285
36 738
19 982
24 536
After tax
51 715
39 262
56 018
51 464
Living cost
36 752
36 752
36 752
36 752
Free-cash
14 963
2 510
19 266
14 712

Estimated living cost  is ₽36752 per week

₽25352
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3954
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽533
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6912
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽753
-₽1026
₽753
₽1076
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 000
income
-
-
-
14 665
social contributions
-
-
-
6 355
total
-
-
-
21 020
Employee
74 463
-
76 000
-
income
14 051
-
14 665
-
social contributions
6 186
-
6 355
-
total
20 237
-
21 020
-
Employer
74 463
-
76 000
-
total
-
-
-
-
Corporate
1 537
76 000
-
-
income
191
9 500
-
-
total
191
9 500
-
-
Dividends
1 345
66 500
-
-
withholding
269
13 299
-
-
total
269
13 299
-
-
Income
76 000
76 000
76 000
76 000
Total tax
20 697
22 799
21 020
21 020
After tax
55 303
53 201
54 980
54 980
Living cost
54 227
54 227
54 227
54 227
Free-cash
1 076
-1 026
753
753

Estimated living cost  is ₽54227 per week

₽41255
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4419
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽518
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8035
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽20960
₽9814
₽8467
₽15330
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
76 000
income
-
-
-
27 097
health

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

-
-
-
5 880
total
-
-
-
32 977
Employee
43 670
-
71 621
-
income
4 738
-
11 726
-
social contributions
4 375
-
4 379
-
total
9 113
-
16 105
-
Employer
43 670
-
71 621
-
social contributions
4 375
-
4 379
-
total
4 375
-
4 379
-
Corporate
27 955
76 000
-
-
income
9 784
26 601
-
-
total
9 784
26 601
-
-
Dividends
18 171
49 399
-
-
social contributions
2 842
5 029
-
-
total
2 842
5 029
-
-
Income
76 000
76 000
76 000
76 000
Total tax
26 114
31 630
20 484
32 977
After tax
49 886
44 370
55 516
43 023
Living cost
34 556
34 556
34 556
34 556
Free-cash
15 330
9 814
20 960
8 467

Estimated living cost  is ₽34556 per week

₽22762
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2724
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.
₽8539
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽13306
₽22074
₽21712
₽16775
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 000
income
-
-
-
14 146
pensions
-
-
-
5 272
total
-
-
-
19 418
Employee
47 865
-
67 217
-
income
8 717
-
12 043
-
health
624
-
1 021
-
pensions
3 653
-
5 977
-
total
12 994
-
19 041
-
Employer
47 865
-
67 217
-
health
910
-
1 278
-
pensions
4 836
-
7 505
-
total
5 746
-
8 783
-
Corporate
22 390
76 000
-
-
income

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

4 255
14 439
-
-
total
4 255
14 439
-
-
Dividends
18 135
61 561
-
-
withholding
1 360
4 617
-
-
total
1 360
4 617
-
-
Income
76 000
76 000
76 000
76 000
Total tax
24 355
19 056
27 824
19 418
After tax
51 645
56 944
48 176
56 582
Living cost
34 870
34 870
34 870
34 870
Free-cash
16 775
22 074
13 306
21 712

Estimated living cost  is ₽34870 per week

₽23921
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3207
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽436
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7304
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽15554
-₽16604
₽29528
₽2665
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 000
other
-
-
-
354
health
-
-
-
2 084
accident
-
-
-
241
income
-
-
-
17 059
pensions
-
-
-
3 975
total
-
-
-
23 713
Employee
35 802
-
63 133
-
income
4 912
-
10 483
-
pensions
4 031
-
7 109
-
health
4 099
-
7 229
-
total
13 042
-
24 821
-
Employer
35 802
-
63 133
-
unemployment
877
-
1 547
-
accident
598
-
1 054
-
pensions
5 821
-
10 265
-
total
7 296
-
12 866
-
Corporate
32 902
76 000
-
-
income

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

29 612
68 400
-
-
total
29 612
68 400
-
-
Dividends
3 290
7 600
-
-
withholding
625
1 444
-
-
total
625
1 444
-
-
Income
76 000
76 000
76 000
76 000
Total tax
50 575
69 844
37 687
23 713
After tax
25 425
6 156
38 313
52 287
Living cost
22 760
22 760
22 760
22 760
Free-cash
2 665
-16 604
15 554
29 528

Estimated living cost  is ₽22760 per week

₽16703
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1326
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽458
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4272
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Warsaw model

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Skopje , Macedonia
₽31118
₽51763
₽31115
₽47142
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
76 000
income
-
-
-
11 148
health insurance
-
-
-
5 624
work injury
-
-
-
380
pensions
-
-
-
13 984
unemployment
-
-
-
912
total
-
-
-
32 048
Employee

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

20 539
-
76 000
-
income
2 054
-
11 148
-
work injury
103
-
380
-
health insurance
1 520
-
5 623
-
pensions
3 779
-
13 982
-
unemployment
246
-
912
-
total
7 702
-
32 045
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
55 461
76 000
-
-
income

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

-
-
-
-
total
-
-
-
-
Dividends
55 461
76 000
-
-
withholding
8 319
11 400
-
-
total
8 319
11 400
-
-
Income
76 000
76 000
76 000
76 000
Total tax
16 021
11 400
32 045
32 048
After tax
59 979
64 600
43 955
43 952
Living cost
12 837
12 837
12 837
12 837
Free-cash
47 142
51 763
31 118
31 115

Estimated living cost  is ₽12837 per week

₽7953
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽933
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽400
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3551
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽1625
₽2108
₽1876
-₽4218
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 000
social contributions
-
-
-
19 548
national
-
-
-
14 804
regional
-
-
-
1 341
municipal
-
-
-
508
total
-
-
-
36 201
Employee
80 217
-
76 000
-
social contributions
27 049
-
25 627
-
municipal
479
-
453
-
national
13 556
-
12 517
-
regional
1 211
-
1 105
-
total
42 295
-
39 702
-
Employer
80 217
-
76 000
-
total
-
-
-
-
Corporate
-
76 000
-
-
nationa
-
18 240
-
-
municipal
-
3 664
-
-
total
-
21 904
-
-
Dividends
-
54 096
-
-
withholding
-
14 065
-
-
total
-
14 065
-
-
Income
76 000
76 000
76 000
76 000
Total tax
42 295
35 969
39 702
36 201
After tax
33 705
40 031
36 298
39 799
Living cost
37 923
37 923
37 923
37 923
Free-cash
-4 218
2 108
-1 625
1 876

Estimated living cost  is ₽37923 per week

₽26639
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2609
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽573
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8102
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rome model

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