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
₽20307
₽27339
₽9856
₽22289
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
6 456
trade
-
-
-
5 050
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.

-
-
-
12 874
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.

-
-
-
708
total
-
-
-
25 088
Employee

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

36 144
-
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.

6 456
-
6 456
-
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.

1 010
-
12 874
-
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
-
708
-
total
7 522
-
20 038
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
39 856
76 000
-
-
income
5 979
11 400
-
-
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.

328
628
-
-
trade
6 278
11 970
-
-
total
12 786
24 251
-
-
Dividends
27 070
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.

353
692
-
-
withholding
6 409
12 578
-
-
total
6 762
13 270
-
-
Income
76 000
76 000
76 000
76 000
Total tax
27 070
37 521
20 038
25 088
After tax
48 930
38 479
55 962
50 912
Living cost
28 623
28 623
28 623
28 623
Free-cash
20 307
9 856
27 339
22 289

Estimated living cost  is ₽28623 per week

₽18004
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3337
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽534
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6746
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽7236
-₽2078
-₽1803
-₽2675
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
7 653
pensions
-
-
-
9 120
national
-
-
-
11 858
total
-
-
-
29 448
Employee
76 311
-
65 701
-
pensions
3 052
-
2 628
-
municipal
9 426
-
7 947
-
national
14 606
-
12 314
-
total
27 084
-
22 889
-
Employer
76 311
-
65 701
-
pensions
6 105
-
5 256
-
social contributions
820
-
706
-
total
6 925
-
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
34 009
28 576
28 851
29 448
After tax
41 991
47 424
47 149
46 552
Living cost
49 227
49 227
49 227
49 227
Free-cash
-7 236
-1 803
-2 078
-2 675

Estimated living cost  is ₽49227 per week

₽33459
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4576
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽737
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10455
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽33388
₽23390
₽41140
₽21123
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
24 433
income
-
-
-
10 784
surtax
-
-
-
-
microenterprise
-
-
-
-
total
-
-
-
35 217
Employee
27 613
-
61 245
-
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.

3 038
-
6 737
-
income
4 915
-
11 460
-
surtax
-
-
-
-
total
7 953
-
18 197
-
Employer
27 613
-
61 245
-
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.

6 651
-
14 753
-
total
6 651
-
14 753
-
Corporate
41 736
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%.

8 348
15 200
-
-
total
8 348
15 200
-
-
Dividends

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

33 388
60 800
-
-
total
-
-
-
-
Income
76 000
76 000
76 000
76 000
Total tax
22 952
15 200
32 950
35 217
After tax
53 048
60 800
43 050
40 783
Living cost
19 660
19 660
19 660
19 660
Free-cash
33 388
41 140
23 390
21 123

Estimated living cost  is ₽19660 per week

₽12542
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1872
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽447
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4799
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽17838
-₽17838
-₽12533
₽3655
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
10 268
income
-
-
-
11 419
pensions
-
-
-
11 072
total
-
-
-
32 759
Employee
80 697
80 697
80 697
-
pensions
14 526
11 072
14 526
-
health
12 386
10 535
12 386
-
income

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

13 209
13 209
13 209
-
total
40 121
34 816
40 121
-
Employer
80 697
80 697
80 697
-
pensions
5 617
5 617
5 617
-
health
5 609
5 609
5 609
-
unemployment
2 905
2 905
2 905
-
total
14 131
14 131
14 131
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
76 000
76 000
76 000
76 000
Total tax
54 252
48 947
54 252
32 759
After tax
21 748
27 053
21 748
43 241
Living cost
39 586
39 586
39 586
39 586
Free-cash
-17 838
-12 533
-17 838
3 655

Estimated living cost  is ₽39586 per week

₽28054
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3569
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽629
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7334
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽1998
₽1952
₽2864
-₽747
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
152
health
-
-
-
4 742
municipal
-
-
-
16 098
pensions
-
-
-
8 216
other
-
-
-
8 831
unemployment
-
-
-
76
national
-
-
-
-
total
-
-
-
38 115
Employee
55 046
-
57 830
-
municipal
16 415
-
17 245
-
national
-
-
-
-
total
16 415
-
17 245
-
Employer
55 046
-
57 830
-
pensions
5 950
-
6 251
-
other
6 396
-
6 720
-
health
3 385
-
3 557
-
unemployment
1 453
-
1 527
-
accident
110
-
116
-
total
17 294
-
18 171
-
Corporate
3 658
76 000
-
-
income
805
16 720
-
-
total
805
16 720
-
-
Dividends
2 853
59 280
-
-
withholding
856
17 784
-
-
total
856
17 784
-
-
Income
76 000
76 000
76 000
76 000
Total tax
35 370
34 504
35 416
38 115
After tax
40 630
41 496
40 584
37 885
Living cost
38 632
38 632
38 632
38 632
Free-cash
1 998
2 864
1 952
-747

Estimated living cost  is ₽38632 per week

₽25603
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3791
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽587
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8651
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽14245
₽18839
₽965
₽13565
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
6 456
trade
-
-
-
5 274
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.

-
-
-
12 874
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.

-
-
-
708
total
-
-
-
25 312
Employee

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

47 922
-
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.

6 456
-
6 456
-
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.

4 117
-
12 874
-
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.

226
-
708
-
total
10 799
-
20 038
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
28 078
76 000
-
-
income
4 212
11 400
-
-
chamber of commerce
183
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.

231
628
-
-
trade
4 619
12 503
-
-
total
9 245
24 782
-
-
Dividends
18 832
51 219
-
-
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.

239
685
-
-
withholding
4 349
12 445
-
-
total
4 588
13 130
-
-
Income
76 000
76 000
76 000
76 000
Total tax
24 632
37 912
20 038
25 312
After tax
51 368
38 088
55 962
50 688
Living cost
37 123
37 123
37 123
37 123
Free-cash
14 245
965
18 839
13 565

Estimated living cost  is ₽37123 per week

₽24828
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3915
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽554
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7826
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽21168
₽24612
₽23980
₽25509
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
11 855
health
-
-
-
1 939
income
-
-
-
6 047
total
-
-
-
19 841
Employee
72 664
72 664
72 664
-
health
723
1 236
1 173
-
social contributions
3 531
6 031
5 726
-
income
7 630
6 727
6 836
-
total
11 884
13 994
13 735
-
Employer
72 664
72 664
72 664
-
health
787
1 345
1 277
-
social contributions
3 531
6 031
5 726
-
total
4 318
7 376
7 003
-
Corporate
29 147
-
-
-
income
3 644
-
-
-
total
3 644
-
-
-
Dividends
25 503
-
-
-
withholding
4 336
-
-
-
total
4 336
-
-
-
Income
76 000
76 000
76 000
76 000
Total tax
24 182
21 370
20 738
19 841
After tax
51 818
54 630
55 262
56 159
Living cost
30 650
30 650
30 650
30 650
Free-cash
21 168
23 980
24 612
25 509

Estimated living cost  is ₽30650 per week

₽20953
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2394
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽515
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6789
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽25923
₽26733
₽25561
₽35325
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

25 008
9 953
63 598
-
unemployment
375
149
954
-
pensions
2 501
995
6 360
-
health
1 751
697
4 452
-
income
3 057
1 217
7 775
-
total
7 684
3 058
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.

25 008
9 953
63 598
-
pensions
4 877
1 941
12 402
-
total
4 877
1 941
12 402
-
Corporate
46 116
64 106
-
-
income
4 150
5 770
-
-
total
4 150
5 770
-
-
Dividends
41 965
58 337
-
-
social contributions
8 069
11 262
-
-
withholding
7 973
11 084
-
-
total
16 042
22 346
-
-
Income
76 000
76 000
76 000
76 000
Total tax
32 753
33 115
31 943
23 351
After tax
43 247
42 885
44 057
52 649
Living cost
17 324
17 324
17 324
17 324
Free-cash
25 923
25 561
26 733
35 325

Estimated living cost  is ₽17324 per week

₽11822
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1417
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽346
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3738
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽32104
₽20980
₽37975
₽17912
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
9 879
income
-
-
-
10 184
pensions
-
-
-
15 200
total
-
-
-
35 263
Employee
26 808
-
56 801
-
unemployment
429
-
909
-
pensions
536
-
1 135
-
income
3 018
-
10 952
-
total
3 983
-
12 996
-
Employer
26 808
-
56 801
-
pensions
5 362
-
11 360
-
health
3 484
-
7 385
-
unemployment
215
-
454
-
total
9 061
-
19 199
-
Corporate
40 131
76 000
-
-
income
8 027
15 200
-
-
total
8 027
15 200
-
-
Dividends
32 104
60 800
-
-
total
-
-
-
-
Income
76 000
76 000
76 000
76 000
Total tax
21 071
15 200
32 195
35 263
After tax
54 929
60 800
43 805
40 737
Living cost
22 825
22 825
22 825
22 825
Free-cash
32 104
37 975
20 980
17 912

Estimated living cost  is ₽22825 per week

₽15655
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1359
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.
₽5351
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽2946
₽17358
-₽14776
₽31351
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
240
health
-
-
-
2 075
income
-
-
-
17 089
pensions
-
-
-
3 959
other
-
-
-
353
total
-
-
-
23 716
Employee
32 928
-
63 133
-
pensions
3 708
-
7 109
-
health
3 770
-
7 229
-
income
4 517
-
10 505
-
total
11 995
-
24 843
-
Employer
32 928
-
63 133
-
pensions
5 354
-
10 265
-
unemployment
807
-
1 547
-
accident
550
-
1 055
-
total
6 711
-
12 867
-
Corporate
36 361
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.

32 725
68 400
-
-
total
32 725
68 400
-
-
Dividends
3 636
7 600
-
-
withholding
691
1 444
-
-
total
691
1 444
-
-
Income
76 000
76 000
76 000
76 000
Total tax
52 122
69 844
37 710
23 716
After tax
23 878
6 156
38 290
52 284
Living cost
20 932
20 932
20 932
20 932
Free-cash
2 946
-14 776
17 358
31 351

Estimated living cost  is ₽20932 per week

₽15342
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1160
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽437
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3995
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62999
₽53052
₽64452
₽67492
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
9 684
-
76 000
-
income
1 937
-
15 200
-
total
1 937
-
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%.

66 316
76 000
-
-
total
-
-
-
-
Dividends
66 316
76 000
-
-
withholding
3 316
3 800
-
-
total
3 316
3 800
-
-
Income
76 000
76 000
76 000
76 000
Total tax
5 253
3 800
15 200
760
After tax
70 747
72 200
60 800
75 240
Living cost
7 748
7 748
7 748
7 748
Free-cash
62 999
64 452
53 052
67 492

Estimated living cost  is ₽7748 per week

₽4801
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽644
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽213
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2089
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽24275
₽19371
₽30657
₽15972
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 344
income
-
-
-
9 653
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.

-
-
-
18 241
other
-
-
-
3 610
total
-
-
-
34 848
Employee
34 311
-
60 700
-
unemployment
343
-
606
-
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.

2 401
-
4 248
-
health
481
-
850
-
income
5 907
-
10 449
-
total
9 132
-
16 153
-
Employer
34 311
-
60 700
-
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.

5 834
-
10 318
-
other
1 716
-
3 036
-
health
481
-
850
-
unemployment
343
-
606
-
accident
274
-
486
-
total
8 648
-
15 296
-
Corporate
33 042
76 000
-
-
income
6 938
15 960
-
-
total
6 938
15 960
-
-
Dividends
26 103
60 040
-
-
withholding
1 827
4 203
-
-
total
1 827
4 203
-
-
Income
76 000
76 000
76 000
76 000
Total tax
26 545
20 163
31 449
34 848
After tax
49 455
55 837
44 551
41 152
Living cost
25 180
25 180
25 180
25 180
Free-cash
24 275
30 657
19 371
15 972

Estimated living cost  is ₽25180 per week

₽17791
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1700
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽405
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5283
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽23358
-₽13635
-₽4817
-₽5199
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
14 141
pensions
-
-
-
5 298
total
-
-
-
19 439
Employee
87 381
-
67 192
-
pensions
8 430
-
6 008
-
health
1 440
-
1 027
-
income
15 751
-
12 032
-
total
25 621
-
19 067
-
Employer
87 381
-
67 192
-
pensions
10 317
-
7 531
-
health
1 660
-
1 277
-
total
11 977
-
8 808
-
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.

-
14 440
-
-
total
-
14 440
-
-
Dividends
-
61 560
-
-
withholding
-
4 617
-
-
total
-
4 617
-
-
Income
76 000
76 000
76 000
76 000
Total tax
37 598
19 057
27 875
19 439
After tax
38 402
56 943
48 125
56 561
Living cost
61 760
61 760
61 760
61 760
Free-cash
-23 358
-4 817
-13 635
-5 199

Estimated living cost  is ₽61760 per week

₽46278
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7256
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽502
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7724
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽48304
₽45545
₽52667
₽43529
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 772
income
-
-
-
11 400
pensions

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

-
-
-
4 855
unemployment
-
-
-
131
total
-
-
-
20 158
Employee
16 304
-
69 564
-
accident

We are using the highest rate at 1.1%.

180
-
361
-
pensions

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

1 432
-
2 880
-
health
750
-
1 509
-
income
1 630
-
6 956
-
total
3 992
-
11 706
-
Employer
16 304
-
69 564
-
pensions

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

1 797
-
3 615
-
health
1 125
-
2 263
-
unemployment
97
-
197
-
accident

We are using the highest rate at 1.1%.

180
-
361
-
total
3 199
-
6 436
-
Corporate
56 497
76 000
-
-
income
5 650
7 600
-
-
total
5 650
7 600
-
-
Dividends
50 847
68 400
-
-
withholding
2 542
3 420
-
-
total
2 542
3 420
-
-
Income
76 000
76 000
76 000
76 000
Total tax
15 383
11 020
18 142
20 158
After tax
60 617
64 980
57 858
55 842
Living cost
12 313
12 313
12 313
12 313
Free-cash
48 304
52 667
45 545
43 529

Estimated living cost  is ₽12313 per week

₽7189
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽879
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽326
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3919
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽26950
-₽30652
-₽25347
-₽9159
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
10 268
income
-
-
-
11 419
pensions
-
-
-
11 072
total
-
-
-
32 759
Employee
87 611
80 697
80 697
-
pensions
11 072
11 072
14 526
-
health
10 930
10 535
12 386
-
income

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

13 209
13 209
13 209
-
total
35 211
34 816
40 121
-
Employer
87 611
80 697
80 697
-
pensions
6 097
5 617
5 617
-
health
6 088
5 609
5 609
-
unemployment
3 154
2 905
2 905
-
total
15 339
14 131
14 131
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
76 000
76 000
76 000
76 000
Total tax
50 550
48 947
54 252
32 759
After tax
25 450
27 053
21 748
43 241
Living cost
52 400
52 400
52 400
52 400
Free-cash
-26 950
-25 347
-30 652
-9 159

Estimated living cost  is ₽52400 per week

₽38654
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4680
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽601
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8466
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽20659
₽15227
₽28986
₽13676
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
34 323
-
56 716
-
solidarity contribution
-
-
-
-
health
4 634
-
7 657
-
social contributions
2 231
-
3 687
-
income
4 119
-
6 806
-
total
10 984
-
18 150
-
Employer
34 323
-
56 716
-
health
3 089
-
5 104
-
social contributions
8 581
-
14 179
-
total
11 670
-
19 283
-
Corporate
30 007
76 000
-
-
income
5 701
14 440
-
-
total
5 701
14 440
-
-
Dividends
24 306
61 560
-
-
withholding
3 646
9 234
-
-
total
3 646
9 234
-
-
Income
76 000
76 000
76 000
76 000
Total tax
32 001
23 674
37 433
38 984
After tax
43 999
52 326
38 567
37 016
Living cost
23 340
23 340
23 340
23 340
Free-cash
20 659
28 986
15 227
13 676

Estimated living cost  is ₽23340 per week

₽16212
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1660
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.
₽5008
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽7983
-₽3151
₽674
₽465
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
19 547
municipal
-
-
-
452
regional
-
-
-
807
national
-
-
-
14 854
total
-
-
-
35 660
Employee
83 984
-
76 000
-
regional
792
-
703
-
municipal
445
-
403
-
national
14 552
-
12 542
-
social contributions
28 319
-
25 628
-
total
44 108
-
39 276
-
Employer
83 984
-
76 000
-
total
-
-
-
-
Corporate
-
76 000
-
-
municipal
-
2 964
-
-
nationa
-
18 239
-
-
total
-
21 203
-
-
Dividends
-
54 796
-
-
withholding
-
14 248
-
-
total
-
14 248
-
-
Income
76 000
76 000
76 000
76 000
Total tax
44 108
35 451
39 276
35 660
After tax
31 892
40 549
36 724
40 340
Living cost
39 875
39 875
39 875
39 875
Free-cash
-7 983
674
-3 151
465

Estimated living cost  is ₽39875 per week

₽27796
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2615
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽612
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8852
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽24011
₽18587
₽26952
₽20147
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
5 396
income
-
-
-
12 888
surtax
-
-
-
1 302
pensions
-
-
-
15 200
other
-
-
-
-
unemployment
-
-
-
215
total
-
-
-
35 001
Employee
31 250
-
62 784
-
unemployment
2 175
-
4 370
-
pensions
2 084
-
4 187
-
health
798
-
1 601
-
income
5 238
-
12 033
-
other
-
-
-
-
surtax
102
-
1 153
-
total
10 397
-
23 344
-
Employer
31 250
-
62 784
-
pensions
4 166
-
8 369
-
other
-
-
-
-
health
1 422
-
2 857
-
unemployment
990
-
1 991
-
total
6 578
-
13 217
-
Corporate
38 172
76 000
-
-
income
9 924
19 760
-
-
total
9 924
19 760
-
-
Dividends
28 248
56 240
-
-
withholding
4 238
8 436
-
-
total
4 238
8 436
-
-
Income
76 000
76 000
76 000
76 000
Total tax
31 137
28 196
36 561
35 001
After tax
44 863
47 804
39 439
40 999
Living cost
20 852
20 852
20 852
20 852
Free-cash
24 011
26 952
18 587
20 147

Estimated living cost  is ₽20852 per week

₽12750
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1924
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽481
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5697
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽7486
₽5932
₽14750
₽14368
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
14 141
pensions
-
-
-
5 298
total
-
-
-
19 439
Employee
58 560
-
67 192
-
pensions
4 970
-
6 008
-
health
850
-
1 027
-
income
10 547
-
12 032
-
total
16 367
-
19 067
-
Employer
58 560
-
67 192
-
pensions
6 339
-
7 531
-
health
1 112
-
1 277
-
total
7 451
-
8 808
-
Corporate
9 988
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.

1 897
14 440
-
-
total
1 897
14 440
-
-
Dividends
8 090
61 560
-
-
withholding
606
4 617
-
-
total
606
4 617
-
-
Income
76 000
76 000
76 000
76 000
Total tax
26 321
19 057
27 875
19 439
After tax
49 679
56 943
48 125
56 561
Living cost
42 193
42 193
42 193
42 193
Free-cash
7 486
14 750
5 932
14 368

Estimated living cost  is ₽42193 per week

₽31611
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3162
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽441
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6978
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽19763
-₽14630
-₽39961
-₽10740
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
244
pensions
-
-
-
6 991
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.

-
-
-
1 520
regional
-
-
-
2 163
city
-
-
-
800
national
-
-
-
310
total
-
-
-
12 028
Employee
87 432
-
68 023
-
unemployment
-
-
-
-
pensions
7 346
-
5 714
-
regional
2 863
-
1 831
-
national
414
-
260
-
health
198
-
154
-
city
938
-
731
-
total
11 759
-
8 690
-
Employer
87 432
-
68 023
-
pensions
7 346
-
5 714
-
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.

1 748
-
1 360
-
health
198
-
154
-
unemployment
-
-
-
-
total
9 292
-
7 228
-
Corporate
-
76 000
-
-
regional
-
16 075
-
-
national
-
6 461
-
-
total
-
22 536
-
-
Dividends
-
53 465
-
-
withholding
-
18 713
-
-
total
-
18 713
-
-
Income
76 000
76 000
76 000
76 000
Total tax
21 051
41 249
15 918
12 028
After tax
54 949
34 751
60 082
63 972
Living cost
74 712
74 712
74 712
74 712
Free-cash
-19 763
-39 961
-14 630
-10 740

Estimated living cost  is ₽74712 per week

₽48584
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6705
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽917
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18506
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽9733
₽12672
-₽5594
₽7172
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
6 456
trade
-
-
-
5 500
income

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

-
-
-
12 874
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.

-
-
-
708
total
-
-
-
25 538
Employee

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

56 791
-
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.

6 456
-
6 456
-
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.

6 678
-
12 874
-
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.

368
-
708
-
total
13 502
-
20 038
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
19 209
76 000
-
-
income
2 882
11 400
-
-
chamber of commerce
170
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.

158
628
-
-
trade
3 294
13 034
-
-
total
6 504
25 313
-
-
Dividends
12 704
50 688
-
-
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.

154
678
-
-
withholding
2 817
12 313
-
-
total
2 971
12 991
-
-
Income
76 000
76 000
76 000
76 000
Total tax
22 977
38 304
20 038
25 538
After tax
53 023
37 696
55 962
50 462
Living cost
43 290
43 290
43 290
43 290
Free-cash
9 733
-5 594
12 672
7 172

Estimated living cost  is ₽43290 per week

₽31617
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3463
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽563
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7648
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽11555
₽12546
₽5970
₽11825
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 164
health
-
-
-
656
income
-
-
-
4 496
surtax
-
-
-
-
pensions
-
-
-
22 172
other
-
-
-
2 356
total
-
-
-
31 844
Employee
40 444
-
57 913
-
pensions
4 573
-
6 549
-
social contributions
1 153
-
1 652
-
income
2 387
-
4 834
-
surtax
-
-
-
-
total
8 113
-
13 035
-
Employer
40 444
-
57 913
-
pensions
6 644
-
9 515
-
other
1 395
-
1 998
-
health
2 832
-
4 055
-
unemployment
1 637
-
2 346
-
social contributions
122
-
174
-
total
12 630
-
18 088
-
Corporate
22 926
76 000
-
-
income
6 420
21 281
-
-
surtax
-
-
-
-
total
6 420
21 281
-
-
Dividends
16 506
54 719
-
-
surtax
-
-
-
-
social contributions
2 839
9 413
-
-
withholding
2 112
7 005
-
-
total
4 951
16 418
-
-
Income
76 000
76 000
76 000
76 000
Total tax
32 114
37 699
31 123
31 844
After tax
43 886
38 301
44 877
44 156
Living cost
32 331
32 331
32 331
32 331
Free-cash
11 555
5 970
12 546
11 825

Estimated living cost  is ₽32331 per week

₽20386
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2629
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.
₽8767
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽14428
₽15749
₽9173
₽15028
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 164
health
-
-
-
656
income
-
-
-
4 496
surtax
-
-
-
-
pensions
-
-
-
22 172
other
-
-
-
2 356
total
-
-
-
31 844
Employee
36 102
-
57 913
-
pensions
4 083
-
6 549
-
social contributions
1 029
-
1 652
-
income
1 861
-
4 834
-
surtax
-
-
-
-
total
6 973
-
13 035
-
Employer
36 102
-
57 913
-
pensions
5 932
-
9 515
-
other
1 246
-
1 998
-
health
2 527
-
4 055
-
unemployment
1 462
-
2 346
-
social contributions
108
-
174
-
total
11 275
-
18 088
-
Corporate
28 624
76 000
-
-
income
8 014
21 281
-
-
surtax
-
-
-
-
total
8 014
21 281
-
-
Dividends
20 610
54 719
-
-
surtax
-
-
-
-
social contributions
3 544
9 413
-
-
withholding
2 638
7 005
-
-
total
6 182
16 418
-
-
Income
76 000
76 000
76 000
76 000
Total tax
32 444
37 699
31 123
31 844
After tax
43 556
38 301
44 877
44 156
Living cost
29 128
29 128
29 128
29 128
Free-cash
14 428
9 173
15 749
15 028

Estimated living cost  is ₽29128 per week

₽16893
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2959
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽552
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8724
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽26819
₽29858
₽26330
₽28768
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
5 305
income
-
-
-
11 400
total
-
-
-
27 194
Employee
32 040
-
76 000
-
health
2 236
-
5 305
-
social contributions
4 422
-
10 489
-
income
5 344
-
10 310
-
total
12 002
-
26 104
-
Employer
32 040
-
76 000
-
total
-
-
-
-
Corporate
43 960
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%.

2 199
3 800
-
-
total
2 199
3 800
-
-
Dividends
41 761
72 200
-
-
health
2 914
5 039
-
-
social contributions
5 764
9 963
-
-
withholding
6 264
10 830
-
-
total
14 942
25 832
-
-
Income
76 000
76 000
76 000
76 000
Total tax
29 143
29 632
26 104
27 194
After tax
46 857
46 368
49 896
48 806
Living cost
20 038
20 038
20 038
20 038
Free-cash
26 819
26 330
29 858
28 768

Estimated living cost  is ₽20038 per week

₽13410
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1236
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.
₽4930
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽8156
-₽7621
₽9614
₽7086
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
5 814
surtax
-
-
-
187
income
-
-
-
9 456
chamber of commerce
-
-
-
305
pensions
-
-
-
14 059
unemployment
-
-
-
5 796
total
-
-
-
35 617
Employee
47 226
37 659
58 871
-
unemployment
1 417
1 130
1 766
-
pensions
4 836
3 856
6 029
-
health
1 827
1 458
2 277
-
income
5 376
2 778
8 714
-
other
472
377
588
-
total
13 928
9 599
19 374
-
Employer
47 226
37 659
58 871
-
chamber of commerce
188
151
235
-
pensions
5 927
4 727
7 388
-
other
2 243
1 788
2 796
-
health
1 784
1 424
2 225
-
unemployment
1 417
1 130
1 766
-
accident
613
490
766
-
surtax
187
187
187
-
payroll
1 417
1 130
1 766
-
total
13 776
11 027
17 129
-
Corporate
14 998
27 316
55 284
-
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.

3 750
6 829
13 821
-
total
3 750
6 829
13 821
-
Dividends
11 249
20 487
-
-
withholding
3 093
5 634
-
-
total
3 093
5 634
-
-
Income
76 000
76 000
76 000
76 000
Total tax
34 547
33 089
50 324
35 617
After tax
41 453
42 911
25 676
40 383
Living cost
33 297
33 297
33 297
33 297
Free-cash
8 156
9 614
-7 621
7 086

Estimated living cost  is ₽33297 per week

₽22208
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2841
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.
₽7702
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽11272
-₽3719
₽8236
₽3128
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
10 856
communal

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

-
-
-
3 909
national
-
-
-
23 652
total
-
-
-
38 417
Employee

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

67 595
-
58 867
-
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.

588
-
513
-
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.

5 070
-
4 415
-
national
20 781
-
17 367
-
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.

3 176
-
2 767
-
communal

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

3 526
-
3 070
-
total
33 141
-
28 132
-
Employer

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

67 595
-
58 867
-
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.

5 990
-
5 215
-
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.

4 157
-
3 619
-
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.

986
-
859
-
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.

879
-
764
-
surtax
7 664
-
6 675
-
total
19 676
-
17 132
-
Corporate
-
76 000
-
-
income
-
15 200
-
-
surtax
-
305
-
-
total
-
15 505
-
-
Dividends
-
60 495
-
-
withholding

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

-
17 804
-
-
total
-
17 804
-
-
Income
76 000
76 000
76 000
76 000
Total tax
52 817
33 309
45 264
38 417
After tax
23 183
42 691
30 736
37 583
Living cost
34 455
34 455
34 455
34 455
Free-cash
-11 272
8 236
-3 719
3 128

Estimated living cost  is ₽34455 per week

₽22194
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3013
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽540
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8710
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽9594
₽6942
₽17122
₽6403
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
683
income
-
-
-
12 670
pensions
-
-
-
21 509
other
-
-
-
75
unemployment
-
-
-
533
total
-
-
-
35 470
Employee
47 039
-
57 628
-
unemployment
730
-
893
-
pensions
2 211
-
2 708
-
income
9 925
-
12 902
-
other
47
-
57
-
total
12 913
-
16 560
-
Employer
47 039
-
57 628
-
pensions
11 100
-
13 600
-
other
375
-
461
-
unemployment
2 588
-
3 169
-
accident
931
-
1 141
-
total
14 994
-
18 371
-
Corporate
13 968
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.

2 095
11 400
-
-
total
2 095
11 400
-
-
Dividends
11 873
64 600
-
-
withholding
2 277
13 351
-
-
total
2 277
13 351
-
-
Income
76 000
76 000
76 000
76 000
Total tax
32 279
24 751
34 931
35 470
After tax
43 721
51 249
41 069
40 530
Living cost
34 127
34 127
34 127
34 127
Free-cash
9 594
17 122
6 942
6 403

Estimated living cost  is ₽34127 per week

₽25131
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2421
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽491
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6083
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽4111
-₽2130
-₽4350
-₽5981
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
640
health
-
-
-
5 340
income
-
-
-
4 686
surtax
-
-
-
3 768
pensions
-
-
-
11 391
communal
-
-
-
4 802
total
-
-
-
30 627
Employee
71 562
-
67 885
-
pensions
5 724
-
5 430
-
health
3 185
-
3 022
-
income
6 912
-
6 051
-
surtax
4 386
-
4 160
-
total
20 207
-
18 663
-
Employer
71 562
-
67 885
-
pensions
5 724
-
5 430
-
health
2 182
-
2 071
-
accident
644
-
612
-
total
8 550
-
8 113
-
Corporate
-
76 000
-
-
income
-
11 400
-
-
communal
-
5 131
-
-
surtax
-
798
-
-
total
-
17 329
-
-
Dividends
-
58 672
-
-
income
-
2 866
-
-
withholding
-
8 801
-
-
total
-
11 667
-
-
Income
76 000
76 000
76 000
76 000
Total tax
28 757
28 996
26 776
30 627
After tax
47 243
47 004
49 224
45 373
Living cost
51 354
51 354
51 354
51 354
Free-cash
-4 111
-4 350
-2 130
-5 981

Estimated living cost  is ₽51354 per week

₽38523
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3111
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽543
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9174
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽23572
₽18214
₽26579
₽19774
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
5 396
income
-
-
-
12 888
surtax
-
-
-
1 302
pensions
-
-
-
15 200
other
-
-
-
-
unemployment
-
-
-
215
total
-
-
-
35 001
Employee
31 824
-
62 784
-
unemployment
2 215
-
4 370
-
pensions
2 123
-
4 187
-
health
812
-
1 601
-
income
5 335
-
12 033
-
other
-
-
-
-
surtax
113
-
1 153
-
total
10 598
-
23 344
-
Employer
31 824
-
62 784
-
pensions
4 243
-
8 369
-
other
-
-
-
-
health
1 447
-
2 857
-
unemployment
1 010
-
1 991
-
total
6 700
-
13 217
-
Corporate
37 477
76 000
-
-
income
9 745
19 760
-
-
total
9 745
19 760
-
-
Dividends
27 732
56 240
-
-
withholding
4 160
8 436
-
-
total
4 160
8 436
-
-
Income
76 000
76 000
76 000
76 000
Total tax
31 203
28 196
36 561
35 001
After tax
44 797
47 804
39 439
40 999
Living cost
21 225
21 225
21 225
21 225
Free-cash
23 572
26 579
18 214
19 774

Estimated living cost  is ₽21225 per week

₽12815
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1845
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽493
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6074
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽12392
₽10948
₽14492
₽14544
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
19 547
municipal
-
-
-
452
regional
-
-
-
1 147
national
-
-
-
14 854
total
-
-
-
36 000
Employee
52 419
-
76 000
-
regional
706
-
1 023
-
municipal
278
-
403
-
national
8 305
-
12 542
-
social contributions
17 676
-
25 628
-
total
26 965
-
39 596
-
Employer
52 419
-
76 000
-
total
-
-
-
-
Corporate
23 581
76 000
-
-
municipal
1 173
3 777
-
-
nationa
5 660
18 239
-
-
total
6 833
22 016
-
-
Dividends
16 748
53 984
-
-
withholding
4 354
14 036
-
-
total
4 354
14 036
-
-
Income
76 000
76 000
76 000
76 000
Total tax
38 152
36 052
39 596
36 000
After tax
37 848
39 948
36 404
40 000
Living cost
25 456
25 456
25 456
25 456
Free-cash
12 392
14 492
10 948
14 544

Estimated living cost  is ₽25456 per week

₽15831
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2579
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.
₽6610
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽13304
₽9806
₽23565
₽8255
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
42 295
-
56 716
-
solidarity contribution
-
-
-
-
health
5 710
-
7 657
-
social contributions
2 749
-
3 687
-
income
5 075
-
6 806
-
total
13 534
-
18 150
-
Employer
42 295
-
56 716
-
health
3 807
-
5 104
-
social contributions
10 574
-
14 179
-
total
14 381
-
19 283
-
Corporate
19 325
76 000
-
-
income
3 672
14 440
-
-
total
3 672
14 440
-
-
Dividends
15 653
61 560
-
-
withholding
2 348
9 234
-
-
total
2 348
9 234
-
-
Income
76 000
76 000
76 000
76 000
Total tax
33 935
23 674
37 433
38 984
After tax
42 065
52 326
38 567
37 016
Living cost
28 761
28 761
28 761
28 761
Free-cash
13 304
23 565
9 806
8 255

Estimated living cost  is ₽28761 per week

₽21388
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1593
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽498
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5282
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽12401
-₽4433
₽12866
₽10422
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
5 814
surtax
-
-
-
-
income
-
-
-
9 456
chamber of commerce
-
-
-
305
pensions
-
-
-
14 059
unemployment
-
-
-
5 796
total
-
-
-
35 430
Employee
41 308
37 659
59 016
-
unemployment
1 239
1 130
1 770
-
pensions
4 230
3 856
6 043
-
health
1 598
1 458
2 285
-
income
3 680
2 778
8 755
-
other
412
377
590
-
total
11 159
9 599
19 443
-
Employer
41 308
37 659
59 016
-
chamber of commerce
165
151
237
-
pensions
5 184
4 727
7 406
-
other
1 962
1 788
2 803
-
health
1 562
1 424
2 231
-
unemployment
1 239
1 130
1 770
-
accident
536
490
768
-
surtax
-
-
-
-
payroll
1 239
1 130
1 770
-
total
11 887
10 840
16 985
-
Corporate
22 805
27 503
55 429
-
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.

5 701
6 875
13 857
-
total
5 701
6 875
13 857
-
Dividends
17 104
20 627
-
-
withholding
4 704
5 672
-
-
total
4 704
5 672
-
-
Income
76 000
76 000
76 000
76 000
Total tax
33 451
32 986
50 285
35 430
After tax
42 549
43 014
25 715
40 570
Living cost
30 148
30 148
30 148
30 148
Free-cash
12 401
12 866
-4 433
10 422

Estimated living cost  is ₽30148 per week

₽18085
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3079
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.
₽8446
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽57864
₽48727
₽60127
₽63167
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
15 092
-
76 000
-
income
3 018
-
15 200
-
total
3 018
-
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%.

60 908
76 000
-
-
total
-
-
-
-
Dividends
60 908
76 000
-
-
withholding
3 045
3 800
-
-
total
3 045
3 800
-
-
Income
76 000
76 000
76 000
76 000
Total tax
6 063
3 800
15 200
760
After tax
69 937
72 200
60 800
75 240
Living cost
12 073
12 073
12 073
12 073
Free-cash
57 864
60 127
48 727
63 167

Estimated living cost  is ₽12073 per week

₽8170
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽507
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽405
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2991
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽19076
₽12608
₽26981
₽14783
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
7 480
income
-
-
-
14 396
pensions
-
-
-
13 880
unemployment
-
-
-
115
total
-
-
-
35 871
Employee

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

41 787
-
65 760
-
unemployment
59
-
91
-
pensions
6 477
-
10 193
-
health
2 699
-
4 248
-
income
7 206
-
13 275
-
total
16 441
-
27 807
-
Employer

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

41 787
-
65 760
-
pensions
3 698
-
5 819
-
health
2 783
-
4 381
-
unemployment
25
-
39
-
total
6 506
-
10 239
-
Corporate
27 707
76 000
-
-
income
5 265
14 439
-
-
total
5 265
14 439
-
-
Dividends
22 442
61 561
-
-
withholding
3 366
9 234
-
-
total
3 366
9 234
-
-
Income
76 000
76 000
76 000
76 000
Total tax
31 578
23 673
38 046
35 871
After tax
44 422
52 327
37 954
40 129
Living cost
25 346
25 346
25 346
25 346
Free-cash
19 076
26 981
12 608
14 783

Estimated living cost  is ₽25346 per week

₽17395
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1625
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽491
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5837
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽65153
₽22698
₽5390
₽11674
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
58 570
-
-
-
social contributions
4 803
-
684
-
income
12 919
-
-
-
total
17 722
-
684
-
Employer
58 570
-
-
-
social contributions
82 583
-
11 770
-
total
82 583
-
11 770
-
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
100 305
29 762
12 454
23 478
After tax
-24 305
46 238
63 546
52 522
Living cost
40 848
40 848
40 848
40 848
Free-cash
-65 153
5 390
22 698
11 674

Estimated living cost  is ₽40848 per week

₽26504
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3842
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽521
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9982
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽12636
₽10190
₽13587
₽13367
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
26 410
income
-
-
-
6 582
surtax
-
-
-
-
total
-
-
-
32 992
Employee
43 462
-
61 414
-
social contributions
4 781
-
6 755
-
income
9 040
-
14 828
-
surtax
-
-
-
-
total
13 821
-
21 583
-
Employer
43 462
-
61 414
-
social contributions
10 322
-
14 586
-
total
10 322
-
14 586
-
Corporate
22 216
76 000
-
-
income
4 666
15 960
-
-
surtax
-
-
-
-
total
4 666
15 960
-
-
Dividends
17 550
60 040
-
-
withholding
4 914
16 812
-
-
total
4 914
16 812
-
-
Income
76 000
76 000
76 000
76 000
Total tax
33 723
32 772
36 169
32 992
After tax
42 277
43 228
39 831
43 008
Living cost
29 641
29 641
29 641
29 641
Free-cash
12 636
13 587
10 190
13 367

Estimated living cost  is ₽29641 per week

₽22177
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1748
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.
₽5220
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽1671
-₽764
-₽7340
-₽1485
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 164
health
-
-
-
656
income
-
-
-
4 496
surtax
-
-
-
-
pensions
-
-
-
22 172
other
-
-
-
2 356
total
-
-
-
31 844
Employee
59 186
-
57 913
-
pensions
6 694
-
6 549
-
social contributions
1 686
-
1 652
-
income
5 164
-
4 834
-
surtax
-
-
-
-
total
13 544
-
13 035
-
Employer
59 186
-
57 913
-
pensions
9 725
-
9 515
-
other
2 043
-
1 998
-
health
4 142
-
4 055
-
unemployment
2 398
-
2 346
-
social contributions
178
-
174
-
total
18 486
-
18 088
-
Corporate
-
76 000
-
-
income
-
21 281
-
-
surtax
-
-
-
-
total
-
21 281
-
-
Dividends
-
54 719
-
-
surtax
-
-
-
-
social contributions
-
9 413
-
-
withholding
-
7 005
-
-
total
-
16 418
-
-
Income
76 000
76 000
76 000
76 000
Total tax
32 030
37 699
31 123
31 844
After tax
43 970
38 301
44 877
44 156
Living cost
45 641
45 641
45 641
45 641
Free-cash
-1 671
-7 340
-764
-1 485

Estimated living cost  is ₽45641 per week

₽30889
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3734
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽626
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10392
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽36821
₽32195
₽39994
₽30062
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
16 720
income
-
-
-
812
total
-
-
-
17 532
Employee
30 380
-
65 800
-
social contributions
1 974
-
4 277
-
income
-
-
924
-
total
1 974
-
5 201
-
Employer
30 380
-
65 800
-
social contributions
4 709
-
10 198
-
total
4 709
-
10 198
-
Corporate
40 911
76 000
-
-
income
4 090
7 600
-
-
total
4 090
7 600
-
-
Dividends
36 820
68 400
-
-
total
-
-
-
-
Income
76 000
76 000
76 000
76 000
Total tax
10 773
7 600
15 399
17 532
After tax
65 227
68 400
60 601
58 468
Living cost
28 406
28 406
28 406
28 406
Free-cash
36 821
39 994
32 195
30 062

Estimated living cost  is ₽28406 per week

₽18367
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2141
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽534
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7363
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽128602
-₽128602
-₽128602
₽2686
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
13 472
pensions
-
-
-
814
labour market
-
-
-
6 015
national
-
-
-
7 787
total
-
-
-
28 088
Employee
190 887
190 887
190 887
-
pensions
271
271
271
-
municipal
40 648
40 648
40 648
-
national
23 320
23 320
23 320
-
labour market
15 249
15 249
15 249
-
total
79 488
79 488
79 488
-
Employer
190 887
190 887
190 887
-
municipal
40 713
40 713
40 713
-
pensions
543
543
543
-
national
23 361
23 361
23 361
-
labour market
15 271
15 271
15 271
-
total
79 888
79 888
79 888
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
76 000
76 000
76 000
76 000
Total tax
159 376
159 376
159 376
28 088
After tax
-83 376
-83 376
-83 376
47 912
Living cost
45 226
45 226
45 226
45 226
Free-cash
-128 602
-128 602
-128 602
2 686

Estimated living cost  is ₽45226 per week

₽30953
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4001
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽696
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9576
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽2992
₽17666
-₽14468
₽31660
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
240
health
-
-
-
2 075
income
-
-
-
17 089
pensions
-
-
-
3 959
other
-
-
-
353
total
-
-
-
23 716
Employee
32 443
-
63 133
-
pensions
3 653
-
7 109
-
health
3 715
-
7 229
-
income
4 451
-
10 505
-
total
11 819
-
24 843
-
Employer
32 443
-
63 133
-
pensions
5 275
-
10 265
-
unemployment
795
-
1 547
-
accident
542
-
1 055
-
total
6 612
-
12 867
-
Corporate
36 946
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.

33 251
68 400
-
-
total
33 251
68 400
-
-
Dividends
3 694
7 600
-
-
withholding
702
1 444
-
-
total
702
1 444
-
-
Income
76 000
76 000
76 000
76 000
Total tax
52 384
69 844
37 710
23 716
After tax
23 616
6 156
38 290
52 284
Living cost
20 624
20 624
20 624
20 624
Free-cash
2 992
-14 468
17 666
31 660

Estimated living cost  is ₽20624 per week

₽15012
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1176
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.
₽4049
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽11697
₽8538
₽15469
₽19647
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
776
municipal
-
-
-
13 541
national
-
-
-
5 756
total
-
-
-
20 073
Employee
49 717
-
63 933
-
unemployment
746
-
959
-
pensions
3 355
-
4 315
-
municipal
8 143
-
10 453
-
national
821
-
2 798
-
health
371
-
590
-
total
13 436
-
19 115
-
Employer
49 717
-
63 933
-
pensions
8 626
-
11 093
-
health
382
-
493
-
unemployment
323
-
416
-
accident
50
-
65
-
total
9 381
-
12 067
-
Corporate
16 902
76 000
-
-
income
3 380
15 200
-
-
total
3 380
15 200
-
-
Dividends

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

10 141
45 600
-
-
national
-
843
-
-
municipal
1 826
8 208
-
-
total
1 826
9 051
-
-
Income
76 000
76 000
76 000
76 000
Total tax
28 023
24 251
31 182
20 073
After tax
47 977
51 749
44 818
55 927
Living cost
36 280
36 280
36 280
36 280
Free-cash
11 697
15 469
8 538
19 647

Estimated living cost  is ₽36280 per week

₽23698
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3490
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽577
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8516
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28716
₽33383
₽32751
₽34280
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
11 855
health
-
-
-
1 939
income
-
-
-
6 047
total
-
-
-
19 841
Employee
72 664
72 664
72 664
-
health
563
1 236
1 173
-
social contributions
2 747
6 031
5 726
-
income
7 912
6 727
6 836
-
total
11 222
13 994
13 735
-
Employer
72 664
72 664
72 664
-
health
612
1 345
1 277
-
social contributions
2 747
6 031
5 726
-
total
3 359
7 376
7 003
-
Corporate
39 540
-
-
-
income
4 942
-
-
-
total
4 942
-
-
-
Dividends
34 598
-
-
-
withholding
5 882
-
-
-
total
5 882
-
-
-
Income
76 000
76 000
76 000
76 000
Total tax
25 405
21 370
20 738
19 841
After tax
50 595
54 630
55 262
56 159
Living cost
21 879
21 879
21 879
21 879
Free-cash
28 716
32 751
33 383
34 280

Estimated living cost  is ₽21879 per week

₽13112
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2147
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.
₽6137
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽43124
₽31938
₽47933
₽44554
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 420
income
-
-
-
6 985
pensions
-
-
-
6 011
unemployment
-
-
-
27
total
-
-
-
16 443
Employee

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

21 690
-
68 904
-
unemployment
108
-
344
-
pensions
3 253
-
10 336
-
health
1 843
-
5 857
-
income
1 483
-
5 427
-
total
6 687
-
21 964
-
Employer

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

21 690
-
68 904
-
pensions
1 193
-
3 789
-
health
933
-
2 962
-
unemployment
108
-
344
-
total
2 234
-
7 095
-
Corporate
52 077
76 000
-
-
income
4 688
6 840
-
-
total
4 688
6 840
-
-
Dividends
47 389
69 160
-
-
withholding
4 264
6 224
-
-
total
4 264
6 224
-
-
Income
76 000
76 000
76 000
76 000
Total tax
17 873
13 064
29 059
16 443
After tax
58 127
62 936
46 941
59 557
Living cost
15 003
15 003
15 003
15 003
Free-cash
43 124
47 933
31 938
44 554

Estimated living cost  is ₽15003 per week

₽9572
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1081
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽447
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3902
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽20306
₽15083
₽25263
₽14544
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
683
income
-
-
-
12 670
pensions
-
-
-
21 509
other
-
-
-
75
unemployment
-
-
-
533
total
-
-
-
35 470
Employee
34 941
-
57 628
-
unemployment
542
-
893
-
pensions
1 643
-
2 708
-
income
6 736
-
12 902
-
other
34
-
57
-
total
8 955
-
16 560
-
Employer
34 941
-
57 628
-
pensions
8 245
-
13 600
-
other
280
-
461
-
unemployment
1 922
-
3 169
-
accident
692
-
1 141
-
total
11 139
-
18 371
-
Corporate
29 919
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.

4 489
11 400
-
-
total
4 489
11 400
-
-
Dividends
25 430
64 600
-
-
withholding
5 125
13 351
-
-
total
5 125
13 351
-
-
Income
76 000
76 000
76 000
76 000
Total tax
29 708
24 751
34 931
35 470
After tax
46 292
51 249
41 069
40 530
Living cost
25 986
25 986
25 986
25 986
Free-cash
20 306
25 263
15 083
14 544

Estimated living cost  is ₽25986 per week

₽17540
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2498
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.
₽5493
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽45283
₽46347
₽45583
₽46477
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
974
income
-
-
-
25 365
pensions
-
-
-
1 343
total
-
-
-
27 682
Employee
2 804
-
74 489
-
unemployment
28
-
67
-
pensions
252
-
604
-
health
140
-
336
-
income
542
-
25 294
-
total
962
-
26 301
-
Employer
2 804
-
74 489
-
pensions
308
-
739
-
health
266
-
638
-
unemployment
56
-
134
-
total
630
-
1 511
-
Corporate
72 565
76 000
-
-
income
15 964
16 720
-
-
total
15 964
16 720
-
-
Dividends
56 600
59 280
-
-
withholding
11 320
11 856
-
-
total
11 320
11 856
-
-
Income
76 000
76 000
76 000
76 000
Total tax
28 876
28 576
27 812
27 682
After tax
47 124
47 424
48 188
48 318
Living cost
1 841
1 841
1 841
1 841
Free-cash
45 283
45 583
46 347
46 477

Estimated living cost  is ₽1841 per week

₽1094
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽149
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽42
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽556
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽33925
₽22952
₽38574
₽21637
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
7 191
income
-
-
-
11 638
pensions
-
-
-
18 151
unemployment
-
-
-
1 047
total
-
-
-
38 027
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.

24 634
-
64 461
-
unemployment
185
-
483
-
pensions
3 449
-
9 025
-
health
1 269
-
3 320
-
income
3 396
-
12 346
-
total
8 299
-
25 174
-
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.

24 634
-
64 461
-
pensions
2 956
-
7 735
-
health
1 269
-
3 320
-
unemployment
185
-
483
-
total
4 410
-
11 538
-
Corporate
46 956
76 000
-
-
income
7 043
11 400
-
-
total
7 043
11 400
-
-
Dividends
39 913
64 600
-
-
withholding
5 987
9 690
-
-
total
5 987
9 690
-
-
Income
76 000
76 000
76 000
76 000
Total tax
25 739
21 090
36 712
38 027
After tax
50 261
54 910
39 288
37 973
Living cost
16 336
16 336
16 336
16 336
Free-cash
33 925
38 574
22 952
21 637

Estimated living cost  is ₽16336 per week

₽10999
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1264
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽473
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3601
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽17413
₽14355
₽17752
₽17532
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
26 410
income
-
-
-
6 582
surtax
-
-
-
-
total
-
-
-
32 992
Employee
36 677
-
61 414
-
social contributions
4 035
-
6 755
-
income
7 166
-
14 828
-
surtax
-
-
-
-
total
11 201
-
21 583
-
Employer
36 677
-
61 414
-
social contributions
8 710
-
14 586
-
total
8 710
-
14 586
-
Corporate
30 613
76 000
-
-
income
6 429
15 960
-
-
surtax
-
-
-
-
total
6 429
15 960
-
-
Dividends
24 184
60 040
-
-
withholding
6 771
16 812
-
-
total
6 771
16 812
-
-
Income
76 000
76 000
76 000
76 000
Total tax
33 111
32 772
36 169
32 992
After tax
42 889
43 228
39 831
43 008
Living cost
25 476
25 476
25 476
25 476
Free-cash
17 413
17 752
14 355
17 532

Estimated living cost  is ₽25476 per week

₽18044
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1770
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽452
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5211
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽10829
₽7858
₽18038
₽7319
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
683
income
-
-
-
12 670
pensions
-
-
-
21 509
other
-
-
-
75
unemployment
-
-
-
533
total
-
-
-
35 470
Employee
45 638
-
57 628
-
unemployment
707
-
893
-
pensions
2 145
-
2 708
-
income
9 532
-
12 902
-
other
45
-
57
-
total
12 429
-
16 560
-
Employer
45 638
-
57 628
-
pensions
10 770
-
13 600
-
other
366
-
461
-
unemployment
2 511
-
3 169
-
accident
904
-
1 141
-
total
14 551
-
18 371
-
Corporate
15 811
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.

2 373
11 400
-
-
total
2 373
11 400
-
-
Dividends
13 439
64 600
-
-
withholding
2 607
13 351
-
-
total
2 607
13 351
-
-
Income
76 000
76 000
76 000
76 000
Total tax
31 960
24 751
34 931
35 470
After tax
44 040
51 249
41 069
40 530
Living cost
33 211
33 211
33 211
33 211
Free-cash
10 829
18 038
7 858
7 319

Estimated living cost  is ₽33211 per week

₽23851
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2582
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽468
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6311
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽43102
₽41703
₽48825
₽39687
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 772
income
-
-
-
11 400
pensions

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

-
-
-
4 855
unemployment
-
-
-
131
total
-
-
-
20 158
Employee
21 392
-
69 564
-
accident

We are using the highest rate at 1.1%.

235
-
361
-
pensions

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

1 878
-
2 880
-
health
984
-
1 509
-
income
2 140
-
6 956
-
total
5 237
-
11 706
-
Employer
21 392
-
69 564
-
pensions

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

2 357
-
3 615
-
health
1 476
-
2 263
-
unemployment
128
-
197
-
accident

We are using the highest rate at 1.1%.

235
-
361
-
total
4 196
-
6 436
-
Corporate
50 411
76 000
-
-
income
5 041
7 600
-
-
total
5 041
7 600
-
-
Dividends
45 370
68 400
-
-
withholding
2 269
3 420
-
-
total
2 269
3 420
-
-
Income
76 000
76 000
76 000
76 000
Total tax
16 743
11 020
18 142
20 158
After tax
59 257
64 980
57 858
55 842
Living cost
16 155
16 155
16 155
16 155
Free-cash
43 102
48 825
41 703
39 687

Estimated living cost  is ₽16155 per week

₽10685
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽925
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽385
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4161
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽15140
₽19479
₽2777
₽14877
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
6 456
trade
-
-
-
4 602
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.

-
-
-
12 874
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.

-
-
-
708
total
-
-
-
24 640
Employee

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

47 019
-
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.

6 456
-
6 456
-
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.

3 866
-
12 874
-
surtax

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

213
-
708
-
total
10 535
-
20 038
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
28 981
76 000
-
-
income
4 347
11 400
-
-
chamber of commerce
187
255
-
-
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.

239
628
-
-
trade
4 159
10 907
-
-
total
8 932
23 190
-
-
Dividends
20 051
52 811
-
-
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.

256
707
-
-
withholding
4 654
12 843
-
-
total
4 910
13 550
-
-
Income
76 000
76 000
76 000
76 000
Total tax
24 377
36 740
20 038
24 640
After tax
51 623
39 260
55 962
51 360
Living cost
36 483
36 483
36 483
36 483
Free-cash
15 140
2 777
19 479
14 877

Estimated living cost  is ₽36483 per week

₽25167
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3925
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.
₽6861
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽1457
₽1021
-₽632
₽1021
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
6 369
income
-
-
-
14 780
total
-
-
-
21 149
Employee
73 918
-
76 000
-
social contributions
6 141
-
6 369
-
income
13 948
-
14 780
-
total
20 089
-
21 149
-
Employer
73 918
-
76 000
-
total
-
-
-
-
Corporate
2 082
76 000
-
-
income
260
9 501
-
-
total
260
9 501
-
-
Dividends
1 822
66 499
-
-
withholding
364
13 301
-
-
total
364
13 301
-
-
Income
76 000
76 000
76 000
76 000
Total tax
20 713
22 802
21 149
21 149
After tax
55 287
53 198
54 851
54 851
Living cost
53 830
53 830
53 830
53 830
Free-cash
1 457
-632
1 021
1 021

Estimated living cost  is ₽53830 per week

₽40953
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4386
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽515
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7976
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽15578
₽21225
₽10105
₽8982
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
26 899
health

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

-
-
-
5 816
total
-
-
-
32 715
Employee
43 350
-
71 653
-
social contributions
4 343
-
4 347
-
income
4 704
-
11 778
-
total
9 047
-
16 125
-
Employer
43 350
-
71 653
-
social contributions
4 343
-
4 347
-
total
4 343
-
4 347
-
Corporate
28 307
76 000
-
-
income
9 908
26 600
-
-
total
9 908
26 600
-
-
Dividends
18 399
49 400
-
-
social contributions
2 821
4 992
-
-
total
2 821
4 992
-
-
Income
76 000
76 000
76 000
76 000
Total tax
26 119
31 592
20 472
32 715
After tax
49 881
44 408
55 528
43 285
Living cost
34 303
34 303
34 303
34 303
Free-cash
15 578
10 105
21 225
8 982

Estimated living cost  is ₽34303 per week

₽22595
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2704
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8477
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽17433
₽13824
₽22642
₽22260
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
14 141
pensions
-
-
-
5 298
total
-
-
-
19 439
Employee
47 083
-
67 192
-
pensions
3 594
-
6 008
-
health
614
-
1 027
-
income
8 574
-
12 032
-
total
12 782
-
19 067
-
Employer
47 083
-
67 192
-
pensions
4 757
-
7 531
-
health
895
-
1 277
-
total
5 652
-
8 808
-
Corporate
23 265
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.

4 419
14 440
-
-
total
4 419
14 440
-
-
Dividends
18 845
61 560
-
-
withholding
1 413
4 617
-
-
total
1 413
4 617
-
-
Income
76 000
76 000
76 000
76 000
Total tax
24 266
19 057
27 875
19 439
After tax
51 734
56 943
48 125
56 561
Living cost
34 301
34 301
34 301
34 301
Free-cash
17 433
22 642
13 824
22 260

Estimated living cost  is ₽34301 per week

₽23530
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3154
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽429
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7185
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽2680
₽15624
-₽16510
₽29618
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
240
health
-
-
-
2 075
income
-
-
-
17 089
pensions
-
-
-
3 959
other
-
-
-
353
total
-
-
-
23 716
Employee
35 654
-
63 133
-
pensions
4 015
-
7 109
-
health
4 082
-
7 229
-
income
4 891
-
10 505
-
total
12 988
-
24 843
-
Employer
35 654
-
63 133
-
pensions
5 797
-
10 265
-
unemployment
873
-
1 547
-
accident
595
-
1 055
-
total
7 265
-
12 867
-
Corporate
33 080
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.

29 772
68 400
-
-
total
29 772
68 400
-
-
Dividends
3 308
7 600
-
-
withholding
629
1 444
-
-
total
629
1 444
-
-
Income
76 000
76 000
76 000
76 000
Total tax
50 654
69 844
37 710
23 716
After tax
25 346
6 156
38 290
52 284
Living cost
22 666
22 666
22 666
22 666
Free-cash
2 680
-16 510
15 624
29 618

Estimated living cost  is ₽22666 per week

₽16634
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1321
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽457
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4254
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47262
₽31332
₽51851
₽31185
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
11 166
health insurance
-
-
-
5 624
pensions
-
-
-
13 984
unemployment
-
-
-
912
work injury
-
-
-
380
total
-
-
-
32 066
Employee

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

20 398
-
76 000
-
unemployment
245
-
906
-
pensions
3 753
-
13 886
-
work injury
102
-
377
-
income
2 040
-
11 166
-
health insurance
1 509
-
5 585
-
total
7 649
-
31 920
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
55 602
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
55 602
76 000
-
-
withholding
8 340
11 400
-
-
total
8 340
11 400
-
-
Income
76 000
76 000
76 000
76 000
Total tax
15 989
11 400
31 920
32 066
After tax
60 011
64 600
44 080
43 934
Living cost
12 748
12 748
12 748
12 748
Free-cash
47 262
51 851
31 332
31 185

Estimated living cost  is ₽12748 per week

₽7898
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽926
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽398
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3527
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽3631
-₽1379
₽2386
₽2099
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
19 547
municipal
-
-
-
507
regional
-
-
-
1 347
national
-
-
-
14 854
total
-
-
-
36 255
Employee
79 630
-
76 000
-
regional
1 202
-
1 109
-
municipal
475
-
454
-
national
13 457
-
12 542
-
social contributions
26 851
-
25 628
-
total
41 985
-
39 733
-
Employer
79 630
-
76 000
-
total
-
-
-
-
Corporate
-
76 000
-
-
municipal
-
3 664
-
-
nationa
-
18 239
-
-
total
-
21 903
-
-
Dividends
-
54 097
-
-
withholding
-
14 065
-
-
total
-
14 065
-
-
Income
76 000
76 000
76 000
76 000
Total tax
41 985
35 968
39 733
36 255
After tax
34 015
40 032
36 267
39 745
Living cost
37 646
37 646
37 646
37 646
Free-cash
-3 631
2 386
-1 379
2 099

Estimated living cost  is ₽37646 per week

₽26444
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2589
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽568
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8043
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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