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
₽8033
₽25965
₽21360
₽19159
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
12 039
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.

-
-
-
662
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.

-
-
-
6 871
trade
-
-
-
4 605
total
-
-
-
24 177
Employee

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

38 468
-
76 000
-
surtax

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

59
-
662
-
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.

1 075
-
12 039
-
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.

6 871
-
6 871
-
total
8 005
-
19 572
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
37 532
76 000
-
-
income
5 630
11 400
-
-
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.

309
628
-
-
chamber of commerce
206
261
-
-
trade
5 911
11 971
-
-
total
12 056
24 260
-
-
Dividends
25 476
51 740
-
-
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.

330
691
-
-
withholding
5 987
12 553
-
-
total
6 317
13 244
-
-
Income
76 000
76 000
76 000
76 000
Total tax
26 378
37 504
19 572
24 177
After tax
49 622
38 496
56 428
51 823
Living cost
30 463
30 463
30 463
30 463
Free-cash
19 159
8 033
25 965
21 360

Estimated living cost  is ₽30463 per week

₽19162
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3552
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽569
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7180
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽5987
-₽6000
-₽6597
-₽14311
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
7 550
national
-
-
-
11 699
pensions
-
-
-
9 120
total
-
-
-
29 186
Employee
82 797
-
65 701
-
municipal
10 227
-
7 844
-
pensions
3 312
-
2 628
-
national
15 847
-
12 155
-
total
29 386
-
22 627
-
Employer
82 797
-
65 701
-
pensions
6 624
-
5 256
-
social contributions
890
-
706
-
total
7 514
-
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
36 900
28 576
28 589
29 186
After tax
39 100
47 424
47 411
46 814
Living cost
53 411
53 411
53 411
53 411
Free-cash
-14 311
-5 987
-6 000
-6 597

Estimated living cost  is ₽53411 per week

₽36303
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4965
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽799
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11344
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽39876
₽22194
₽40510
₽31626
S + D Salary + Dividends

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

Dividends

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

Salary

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

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

-
-
-
3 166
microenterprise
-
-
-
11 400
total
-
-
-
14 566
Employee
29 388
-
61 247
-
surtax
-
-
-
-
social contributions

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

3 233
-
6 737
-
income
5 231
-
11 392
-
total
8 464
-
18 129
-
Employer
29 388
-
61 247
-
social contributions

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

7 079
-
14 753
-
surtax
-
-
-
-
total
7 079
-
14 753
-
Corporate
39 533
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%.

7 907
15 200
-
-
total
7 907
15 200
-
-
Dividends

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

31 625
60 800
-
-
total
-
-
-
-
Income
76 000
76 000
76 000
76 000
Total tax
23 450
15 200
32 882
14 566
After tax
52 550
60 800
43 118
61 434
Living cost
20 924
20 924
20 924
20 924
Free-cash
31 626
39 876
22 194
40 510

Estimated living cost  is ₽20924 per week

₽13349
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1993
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽475
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5107
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽18227
-₽23873
₽1143
-₽23873
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
10 291
health
-
-
-
10 650
pensions
-
-
-
11 784
total
-
-
-
32 725
Employee
85 887
85 887
85 887
-
pensions
15 460
11 784
15 460
-
income

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

14 058
14 058
14 058
-
health
13 183
11 213
13 183
-
total
42 701
37 055
42 701
-
Employer
85 887
85 887
85 887
-
health
5 970
5 970
5 970
-
pensions
5 978
5 978
5 978
-
unemployment
3 092
3 092
3 092
-
total
15 040
15 040
15 040
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
76 000
76 000
76 000
76 000
Total tax
57 741
52 095
57 741
32 725
After tax
18 259
23 905
18 259
43 275
Living cost
42 132
42 132
42 132
42 132
Free-cash
-23 873
-18 227
-23 873
1 143

Estimated living cost  is ₽42132 per week

₽29858
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3798
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽670
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7806
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽290
-₽622
-₽3321
-₽1163
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
8 831
unemployment
-
-
-
76
health
-
-
-
4 742
municipal
-
-
-
16 098
national
-
-
-
-
pensions
-
-
-
8 216
total
-
-
-
38 115
Employee
58 715
-
57 830
-
municipal
17 509
-
17 245
-
national
-
-
-
-
total
17 509
-
17 245
-
Employer
58 715
-
57 830
-
health
3 611
-
3 557
-
pensions
6 347
-
6 251
-
accident
117
-
116
-
unemployment
1 550
-
1 527
-
other
6 823
-
6 720
-
total
18 448
-
18 171
-
Corporate
-
76 000
-
-
income
-
16 720
-
-
total
-
16 720
-
-
Dividends
-
59 280
-
-
withholding
-
17 784
-
-
total
-
17 784
-
-
Income
76 000
76 000
76 000
76 000
Total tax
35 957
34 504
35 416
38 115
After tax
40 043
41 496
40 584
37 885
Living cost
41 206
41 206
41 206
41 206
Free-cash
-1 163
290
-622
-3 321

Estimated living cost  is ₽41206 per week

₽27310
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4043
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.
₽9227
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽1402
₽16918
₽12108
₽12729
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
12 039
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.

-
-
-
662
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.

-
-
-
6 871
trade
-
-
-
4 810
total
-
-
-
24 382
Employee

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

51 004
-
76 000
-
surtax

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

240
-
662
-
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.

4 382
-
12 039
-
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.

6 871
-
6 871
-
total
11 493
-
19 572
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
24 996
76 000
-
-
income
3 750
11 400
-
-
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.

206
628
-
-
chamber of commerce
189
261
-
-
trade
4 111
12 501
-
-
total
8 256
24 790
-
-
Dividends
16 740
51 209
-
-
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.

210
683
-
-
withholding
3 802
12 419
-
-
total
4 012
13 102
-
-
Income
76 000
76 000
76 000
76 000
Total tax
23 761
37 892
19 572
24 382
After tax
52 239
38 108
56 428
51 618
Living cost
39 510
39 510
39 510
39 510
Free-cash
12 729
-1 402
16 918
12 108

Estimated living cost  is ₽39510 per week

₽26424
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4166
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽590
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8329
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽20636
₽22067
₽24150
₽18979
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
5 436
social contributions
-
-
-
11 856
health
-
-
-
1 937
total
-
-
-
19 229
Employee
77 337
77 337
77 337
-
social contributions
3 758
6 419
5 726
-
income
8 121
7 159
7 409
-
health
769
1 315
1 174
-
total
12 648
14 893
14 309
-
Employer
77 337
77 337
77 337
-
health
838
1 431
1 277
-
social contributions
3 758
6 419
5 726
-
total
4 596
7 850
7 003
-
Corporate
26 134
-
-
-
income
3 268
-
-
-
total
3 268
-
-
-
Dividends
22 867
-
-
-
withholding
3 888
-
-
-
total
3 888
-
-
-
Income
76 000
76 000
76 000
76 000
Total tax
24 400
22 743
21 312
19 229
After tax
51 600
53 257
54 688
56 771
Living cost
32 621
32 621
32 621
32 621
Free-cash
18 979
20 636
22 067
24 150

Estimated living cost  is ₽32621 per week

₽22300
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2548
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽548
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7226
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽24453
₽25602
₽34194
₽24837
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
9 291
unemployment
-
-
-
1 140
health
-
-
-
5 320
pensions
-
-
-
7 600
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.

26 641
10 603
63 598
-
unemployment
400
159
954
-
pensions
2 664
1 060
6 360
-
income
3 257
1 296
7 775
-
health
1 865
742
4 452
-
total
8 186
3 257
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.

26 641
10 603
63 598
-
pensions
5 195
2 068
12 402
-
total
5 195
2 068
12 402
-
Corporate
44 164
63 330
-
-
income
3 975
5 700
-
-
total
3 975
5 700
-
-
Dividends
40 190
57 630
-
-
social contributions
7 716
11 117
-
-
withholding
7 636
10 950
-
-
total
15 352
22 067
-
-
Income
76 000
76 000
76 000
76 000
Total tax
32 708
33 092
31 943
23 351
After tax
43 292
42 908
44 057
52 649
Living cost
18 455
18 455
18 455
18 455
Free-cash
24 837
24 453
25 602
34 194

Estimated living cost  is ₽18455 per week

₽12594
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1510
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽369
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3982
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽36508
₽19514
₽16443
₽30259
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
10 184
health
-
-
-
9 881
pensions
-
-
-
15 200
total
-
-
-
35 265
Employee
28 531
-
56 801
-
unemployment
456
-
908
-
pensions
571
-
1 136
-
income
3 212
-
10 952
-
total
4 239
-
12 996
-
Employer
28 531
-
56 801
-
health
3 708
-
7 384
-
pensions
5 707
-
11 360
-
unemployment
229
-
454
-
total
9 644
-
19 198
-
Corporate
37 824
76 000
-
-
income
7 566
15 200
-
-
total
7 566
15 200
-
-
Dividends
30 259
60 800
-
-
total
-
-
-
-
Income
76 000
76 000
76 000
76 000
Total tax
21 449
15 200
32 194
35 265
After tax
54 551
60 800
43 806
40 735
Living cost
24 292
24 292
24 292
24 292
Free-cash
30 259
36 508
19 514
16 443

Estimated living cost  is ₽24292 per week

₽16662
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1447
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽489
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5695
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽16244
₽16250
₽29927
₽2720
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
257
income
-
-
-
16 582
other
-
-
-
377
health
-
-
-
2 221
pensions
-
-
-
4 236
total
-
-
-
23 673
Employee
35 237
-
63 133
-
pensions
3 968
-
7 109
-
income
4 834
-
10 146
-
health
4 035
-
7 229
-
total
12 837
-
24 484
-
Employer
35 237
-
63 133
-
pensions
5 730
-
10 265
-
accident
588
-
1 054
-
unemployment
863
-
1 547
-
total
7 181
-
12 866
-
Corporate
33 582
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.

30 224
68 400
-
-
total
30 224
68 400
-
-
Dividends
3 358
7 600
-
-
withholding
638
1 444
-
-
total
638
1 444
-
-
Income
76 000
76 000
76 000
76 000
Total tax
50 880
69 844
37 350
23 673
After tax
25 120
6 156
38 650
52 327
Living cost
22 400
22 400
22 400
22 400
Free-cash
2 720
-16 244
16 250
29 927

Estimated living cost  is ₽22400 per week

₽16417
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1241
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.
₽4275
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64060
₽52660
₽67100
₽62534
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
10 174
-
76 000
-
income
2 035
-
15 200
-
total
2 035
-
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%.

65 826
76 000
-
-
total
-
-
-
-
Dividends
65 826
76 000
-
-
withholding
3 291
3 800
-
-
total
3 291
3 800
-
-
Income
76 000
76 000
76 000
76 000
Total tax
5 326
3 800
15 200
760
After tax
70 674
72 200
60 800
75 240
Living cost
8 140
8 140
8 140
8 140
Free-cash
62 534
64 060
52 660
67 100

Estimated living cost  is ₽8140 per week

₽5044
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽677
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽224
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2195
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽29038
₽17748
₽14354
₽22243
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
9 654
other
-
-
-
3 609
health
-
-
-
3 344
pensions

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

-
-
-
18 240
total
-
-
-
34 847
Employee
36 518
-
60 703
-
unemployment
365
-
607
-
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.

2 556
-
4 249
-
income
6 287
-
10 450
-
health
512
-
849
-
total
9 720
-
16 155
-
Employer
36 518
-
60 703
-
health
512
-
849
-
pensions

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

6 209
-
10 320
-
accident
292
-
485
-
unemployment
365
-
607
-
other
1 827
-
3 037
-
total
9 205
-
15 298
-
Corporate
30 279
76 000
-
-
income
6 359
15 960
-
-
total
6 359
15 960
-
-
Dividends
23 920
60 040
-
-
withholding
1 674
4 203
-
-
total
1 674
4 203
-
-
Income
76 000
76 000
76 000
76 000
Total tax
26 958
20 163
31 453
34 847
After tax
49 042
55 837
44 547
41 153
Living cost
26 799
26 799
26 799
26 799
Free-cash
22 243
29 038
17 748
14 354

Estimated living cost  is ₽26799 per week

₽18935
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1809
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽431
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5623
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽9917
-₽18488
-₽10196
-₽31562
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
14 165
pensions
-
-
-
5 172
total
-
-
-
19 337
Employee
94 595
-
67 317
-
pensions
9 126
-
5 852
-
income
17 052
-
12 094
-
health
1 559
-
1 000
-
total
27 737
-
18 946
-
Employer
94 595
-
67 317
-
health
1 797
-
1 279
-
pensions
11 169
-
7 404
-
total
12 966
-
8 683
-
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.

-
14 441
-
-
total
-
14 441
-
-
Dividends
-
61 559
-
-
withholding
-
4 617
-
-
total
-
4 617
-
-
Income
76 000
76 000
76 000
76 000
Total tax
40 703
19 058
27 629
19 337
After tax
35 297
56 942
48 371
56 663
Living cost
66 859
66 859
66 859
66 859
Free-cash
-31 562
-9 917
-18 488
-10 196

Estimated living cost  is ₽66859 per week

₽50099
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7856
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽544
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8362
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽51775
₽43889
₽42002
₽47096
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
11 400
unemployment
-
-
-
141
health
-
-
-
4 046
pensions

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

-
-
-
5 206
total
-
-
-
20 793
Employee
17 485
-
69 098
-
accident

We are using the highest rate at 1.1%.

193
-
387
-
pensions

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

1 535
-
3 089
-
income
1 748
-
6 910
-
health
804
-
1 618
-
total
4 280
-
12 004
-
Employer
17 485
-
69 098
-
health
1 207
-
2 427
-
pensions

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

1 927
-
3 877
-
accident

We are using the highest rate at 1.1%.

193
-
387
-
unemployment
105
-
211
-
total
3 432
-
6 902
-
Corporate
55 084
76 000
-
-
income
5 508
7 600
-
-
total
5 508
7 600
-
-
Dividends
49 576
68 400
-
-
withholding
2 479
3 420
-
-
total
2 479
3 420
-
-
Income
76 000
76 000
76 000
76 000
Total tax
15 699
11 020
18 906
20 793
After tax
60 301
64 980
57 094
55 207
Living cost
13 205
13 205
13 205
13 205
Free-cash
47 096
51 775
43 889
42 002

Estimated living cost  is ₽13205 per week

₽7709
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽943
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽350
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4203
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽31865
-₽37511
-₽12495
-₽33571
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
10 291
health
-
-
-
10 650
pensions
-
-
-
11 784
total
-
-
-
32 725
Employee
93 245
85 887
85 887
-
pensions
11 784
11 784
15 460
-
income

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

14 058
14 058
14 058
-
health
11 633
11 213
13 183
-
total
37 475
37 055
42 701
-
Employer
93 245
85 887
85 887
-
health
6 480
5 970
5 970
-
pensions
6 489
5 978
5 978
-
unemployment
3 357
3 092
3 092
-
total
16 326
15 040
15 040
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
76 000
76 000
76 000
76 000
Total tax
53 801
52 095
57 741
32 725
After tax
22 199
23 905
18 259
43 275
Living cost
55 770
55 770
55 770
55 770
Free-cash
-33 571
-31 865
-37 511
-12 495

Estimated living cost  is ₽55770 per week

₽41140
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4981
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽639
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9010
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽27333
₽13574
₽12023
₽18416
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
6 532
social contributions
-
-
-
22 192
solidarity contribution
-
-
-
-
health
-
-
-
10 260
total
-
-
-
38 984
Employee
36 754
-
56 716
-
solidarity contribution
-
-
-
-
social contributions
2 389
-
3 687
-
income
4 411
-
6 806
-
health
4 962
-
7 657
-
total
11 762
-
18 150
-
Employer
36 754
-
56 716
-
health
3 308
-
5 104
-
social contributions
9 189
-
14 179
-
total
12 497
-
19 283
-
Corporate
26 749
76 000
-
-
income
5 082
14 440
-
-
total
5 082
14 440
-
-
Dividends
21 667
61 560
-
-
withholding
3 250
9 234
-
-
total
3 250
9 234
-
-
Income
76 000
76 000
76 000
76 000
Total tax
32 591
23 674
37 433
38 984
After tax
43 409
52 326
38 567
37 016
Living cost
24 993
24 993
24 993
24 993
Free-cash
18 416
27 333
13 574
12 023

Estimated living cost  is ₽24993 per week

₽17360
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1778
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽492
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5363
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽1891
-₽5620
-₽1664
-₽13384
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 000
social contributions
-
-
-
19 548
regional
-
-
-
796
municipal
-
-
-
452
national
-
-
-
14 429
total
-
-
-
35 225
Employee
89 385
-
76 000
-
municipal
473
-
403
-
national
15 488
-
12 455
-
regional
843
-
696
-
social contributions
30 141
-
25 627
-
total
46 945
-
39 181
-
Employer
89 385
-
76 000
-
total
-
-
-
-
Corporate
-
76 000
-
-
municipal
-
2 964
-
-
nationa
-
18 240
-
-
total
-
21 204
-
-
Dividends
-
54 796
-
-
withholding
-
14 248
-
-
total
-
14 248
-
-
Income
76 000
76 000
76 000
76 000
Total tax
46 945
35 452
39 181
35 225
After tax
29 055
40 548
36 819
40 775
Living cost
42 439
42 439
42 439
42 439
Free-cash
-13 384
-1 891
-5 620
-1 664

Estimated living cost  is ₽42439 per week

₽29583
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2783
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽651
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9421
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽25611
₽17550
₽19231
₽22478
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
12 566
other
-
-
-
-
surtax
-
-
-
1 185
unemployment
-
-
-
229
health
-
-
-
5 396
pensions
-
-
-
15 200
total
-
-
-
34 576
Employee
33 259
-
62 783
-
other
-
-
-
-
unemployment
2 315
-
4 369
-
pensions
2 218
-
4 187
-
surtax
109
-
1 059
-
income
5 575
-
11 826
-
health
849
-
1 601
-
total
11 066
-
23 042
-
Employer
33 259
-
62 783
-
health
1 514
-
2 855
-
pensions
4 434
-
8 369
-
unemployment
1 054
-
1 991
-
other
-
-
-
-
total
7 002
-
13 215
-
Corporate
35 740
76 000
-
-
income
9 293
19 760
-
-
total
9 293
19 760
-
-
Dividends
26 447
56 240
-
-
withholding
3 968
8 436
-
-
total
3 968
8 436
-
-
Income
76 000
76 000
76 000
76 000
Total tax
31 329
28 196
36 257
34 576
After tax
44 671
47 804
39 743
41 424
Living cost
22 193
22 193
22 193
22 193
Free-cash
22 478
25 611
17 550
19 231

Estimated living cost  is ₽22193 per week

₽13570
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2048
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽512
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6064
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽11266
₽2695
₽10987
₽3400
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
14 165
pensions
-
-
-
5 172
total
-
-
-
19 337
Employee
63 395
-
67 317
-
pensions
5 381
-
5 852
-
income
11 418
-
12 094
-
health
920
-
1 000
-
total
17 719
-
18 946
-
Employer
63 395
-
67 317
-
health
1 204
-
1 279
-
pensions
6 863
-
7 404
-
total
8 067
-
8 683
-
Corporate
4 538
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.

863
14 441
-
-
total
863
14 441
-
-
Dividends
3 675
61 559
-
-
withholding
275
4 617
-
-
total
275
4 617
-
-
Income
76 000
76 000
76 000
76 000
Total tax
26 924
19 058
27 629
19 337
After tax
49 076
56 942
48 371
56 663
Living cost
45 676
45 676
45 676
45 676
Free-cash
3 400
11 266
2 695
10 987

Estimated living cost  is ₽45676 per week

₽34220
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3424
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽478
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7554
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽44993
-₽19559
-₽15646
-₽26213
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 000
other

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

-
-
-
1 520
regional
-
-
-
2 038
health
-
-
-
260
city
-
-
-
801
national
-
-
-
292
pensions
-
-
-
6 990
total
-
-
-
11 901
Employee
93 322
-
68 027
-
unemployment
-
-
-
-
pensions
7 840
-
5 712
-
national
442
-
244
-
regional
3 056
-
1 747
-
city
1 002
-
731
-
health
211
-
154
-
total
12 551
-
8 588
-
Employer
93 322
-
68 027
-
health
211
-
154
-
pensions
7 840
-
5 712
-
unemployment
-
-
-
-
other

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

1 866
-
1 360
-
total
9 917
-
7 226
-
Corporate
-
76 000
-
-
regional
-
16 074
-
-
national
-
6 460
-
-
total
-
22 534
-
-
Dividends
-
53 466
-
-
withholding
-
18 714
-
-
total
-
18 714
-
-
Income
76 000
76 000
76 000
76 000
Total tax
22 468
41 248
15 814
11 901
After tax
53 532
34 752
60 186
64 099
Living cost
79 745
79 745
79 745
79 745
Free-cash
-26 213
-44 993
-19 559
-15 646

Estimated living cost  is ₽79745 per week

₽51857
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7156
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽979
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽19752
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽8360
₽10354
₽5340
₽7950
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
12 039
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.

-
-
-
662
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.

-
-
-
6 871
trade
-
-
-
5 014
total
-
-
-
24 586
Employee

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

60 444
-
76 000
-
surtax

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

391
-
662
-
income

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

7 108
-
12 039
-
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.

6 871
-
6 871
-
total
14 370
-
19 572
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
15 556
76 000
-
-
income
2 334
11 400
-
-
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.

128
628
-
-
chamber of commerce
174
260
-
-
trade
2 668
13 034
-
-
total
5 304
25 322
-
-
Dividends
10 252
50 679
-
-
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.

120
676
-
-
withholding
2 182
12 288
-
-
total
2 302
12 964
-
-
Income
76 000
76 000
76 000
76 000
Total tax
21 976
38 286
19 572
24 586
After tax
54 024
37 714
56 428
51 414
Living cost
46 074
46 074
46 074
46 074
Free-cash
7 950
-8 360
10 354
5 340

Estimated living cost  is ₽46074 per week

₽33650
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3685
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽599
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8140
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽3893
₽10967
₽10723
₽9835
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
4 312
other
-
-
-
2 355
surtax
-
-
-
-
social contributions
-
-
-
2 166
health
-
-
-
657
pensions
-
-
-
21 377
total
-
-
-
30 867
Employee
43 044
-
57 914
-
pensions
4 867
-
6 550
-
surtax
-
-
-
-
social contributions
1 227
-
1 651
-
income
2 540
-
4 336
-
total
8 634
-
12 537
-
Employer
43 044
-
57 914
-
health
3 014
-
4 054
-
pensions
7 071
-
9 514
-
unemployment
1 743
-
2 346
-
social contributions
130
-
174
-
other
1 485
-
1 998
-
total
13 443
-
18 086
-
Corporate
19 513
76 000
-
-
income
5 464
21 281
-
-
surtax
-
-
-
-
total
5 464
21 281
-
-
Dividends
14 049
54 719
-
-
surtax
-
-
-
-
social contributions
2 416
9 411
-
-
withholding
1 798
7 005
-
-
total
4 214
16 416
-
-
Income
76 000
76 000
76 000
76 000
Total tax
31 755
37 697
30 623
30 867
After tax
44 245
38 303
45 377
45 133
Living cost
34 410
34 410
34 410
34 410
Free-cash
9 835
3 893
10 967
10 723

Estimated living cost  is ₽34410 per week

₽21697
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2798
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽586
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9331
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽7302
₽14376
₽14132
₽12890
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
4 312
other
-
-
-
2 355
surtax
-
-
-
-
social contributions
-
-
-
2 166
health
-
-
-
657
pensions
-
-
-
21 377
total
-
-
-
30 867
Employee
38 423
-
57 914
-
pensions
4 346
-
6 550
-
surtax
-
-
-
-
social contributions
1 096
-
1 651
-
income
1 981
-
4 336
-
total
7 423
-
12 537
-
Employer
38 423
-
57 914
-
health
2 689
-
4 054
-
pensions
6 314
-
9 514
-
unemployment
1 556
-
2 346
-
social contributions
115
-
174
-
other
1 326
-
1 998
-
total
12 000
-
18 086
-
Corporate
25 577
76 000
-
-
income
7 161
21 281
-
-
surtax
-
-
-
-
total
7 161
21 281
-
-
Dividends
18 416
54 719
-
-
surtax
-
-
-
-
social contributions
3 168
9 411
-
-
withholding
2 357
7 005
-
-
total
5 525
16 416
-
-
Income
76 000
76 000
76 000
76 000
Total tax
32 109
37 697
30 623
30 867
After tax
43 891
38 303
45 377
45 133
Living cost
31 001
31 001
31 001
31 001
Free-cash
12 890
7 302
14 376
14 132

Estimated living cost  is ₽31001 per week

₽17979
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3149
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽588
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9285
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽25042
₽28886
₽27481
₽25560
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
11 400
social contributions
-
-
-
10 488
health
-
-
-
5 304
total
-
-
-
27 192
Employee
34 101
-
76 000
-
social contributions
4 707
-
10 488
-
income
5 688
-
9 995
-
health
2 380
-
5 304
-
total
12 775
-
25 787
-
Employer
34 101
-
76 000
-
total
-
-
-
-
Corporate
41 899
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%.

2 096
3 800
-
-
total
2 096
3 800
-
-
Dividends
39 804
72 200
-
-
social contributions
5 493
9 963
-
-
withholding
5 970
10 829
-
-
health
2 779
5 039
-
-
total
14 242
25 831
-
-
Income
76 000
76 000
76 000
76 000
Total tax
29 113
29 631
25 787
27 192
After tax
46 887
46 369
50 213
48 808
Living cost
21 327
21 327
21 327
21 327
Free-cash
25 560
25 042
28 886
27 481

Estimated living cost  is ₽21327 per week

₽14272
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1315
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.
₽5247
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽7580
-₽9180
₽5215
₽6021
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 801
surtax
-
-
-
198
unemployment
-
-
-
6 169
chamber of commerce
-
-
-
303
health
-
-
-
5 814
pensions
-
-
-
14 061
total
-
-
-
35 346
Employee
50 263
40 080
58 861
-
other
502
401
588
-
unemployment
1 508
1 202
1 765
-
pensions
5 147
4 103
6 027
-
income
5 722
2 956
8 186
-
health
1 945
1 552
2 279
-
total
14 824
10 214
18 845
-
Employer
50 263
40 080
58 861
-
chamber of commerce
200
160
235
-
health
1 899
1 515
2 225
-
pensions
6 308
5 031
7 386
-
accident
653
521
765
-
unemployment
1 508
1 202
1 765
-
surtax
198
198
198
-
payroll
1 508
1 202
1 765
-
other
2 388
1 903
2 796
-
total
14 662
11 732
17 135
-
Corporate
11 075
24 185
55 046
-
income

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

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

2 769
6 046
13 761
-
total
2 769
6 046
13 761
-
Dividends
8 306
18 139
-
-
withholding
2 285
4 989
-
-
total
2 285
4 989
-
-
Income
76 000
76 000
76 000
76 000
Total tax
34 540
32 981
49 741
35 346
After tax
41 460
43 019
26 259
40 654
Living cost
35 439
35 439
35 439
35 439
Free-cash
6 021
7 580
-9 180
5 215

Estimated living cost  is ₽35439 per week

₽23636
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3023
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽582
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8197
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽6044
-₽5574
₽1434
-₽16884
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
communal

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

-
-
-
3 928
social contributions
-
-
-
10 530
national
-
-
-
23 437
total
-
-
-
37 895
Employee

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

71 942
-
58 863
-
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.

626
-
512
-
communal

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

3 752
-
3 071
-
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.

5 396
-
4 415
-
national
22 118
-
17 001
-
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.

3 380
-
2 767
-
total
35 272
-
27 766
-
Employer

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

71 942
-
58 863
-
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.

4 424
-
3 621
-
pensions

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

6 375
-
5 216
-
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.

935
-
765
-
unemployment

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

1 050
-
859
-
surtax
8 157
-
6 676
-
total
20 941
-
17 137
-
Corporate
-
76 000
-
-
income
-
15 200
-
-
surtax
-
303
-
-
total
-
15 503
-
-
Dividends
-
60 496
-
-
withholding

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

-
17 782
-
-
total
-
17 782
-
-
Income
76 000
76 000
76 000
76 000
Total tax
56 213
33 285
44 903
37 895
After tax
19 787
42 715
31 097
38 105
Living cost
36 671
36 671
36 671
36 671
Free-cash
-16 884
6 044
-5 574
1 434

Estimated living cost  is ₽36671 per week

₽23621
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3206
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽574
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9270
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽14941
₽4959
₽4421
₽6870
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
12 458
other
-
-
-
76
unemployment
-
-
-
532
pensions
-
-
-
21 508
total
-
-
-
35 257
Employee
50 064
-
57 628
-
other
50
-
57
-
unemployment
777
-
893
-
pensions
2 353
-
2 708
-
income
10 563
-
12 689
-
total
13 743
-
16 347
-
Employer
50 064
-
57 628
-
pensions
11 814
-
13 601
-
accident
991
-
1 141
-
unemployment
2 754
-
3 170
-
other
399
-
460
-
total
15 958
-
18 372
-
Corporate
9 979
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.

1 496
11 400
-
-
total
1 496
11 400
-
-
Dividends
8 482
64 600
-
-
withholding
1 611
13 337
-
-
total
1 611
13 337
-
-
Income
76 000
76 000
76 000
76 000
Total tax
32 808
24 737
34 719
35 257
After tax
43 192
51 263
41 281
40 743
Living cost
36 322
36 322
36 322
36 322
Free-cash
6 870
14 941
4 959
4 421

Estimated living cost  is ₽36322 per week

₽26747
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2577
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽523
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6474
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽7515
-₽4874
-₽6244
-₽9263
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
communal
-
-
-
-
accident
-
-
-
683
income
-
-
-
5 025
surtax
-
-
-
4 021
health
-
-
-
5 699
pensions
-
-
-
12 160
total
-
-
-
27 588
Employee
76 164
-
67 887
-
pensions
6 092
-
5 432
-
surtax
4 668
-
4 161
-
income
7 357
-
5 490
-
health
3 390
-
3 021
-
total
21 507
-
18 104
-
Employer
76 164
-
67 887
-
health
2 323
-
2 071
-
pensions
6 092
-
5 432
-
accident
685
-
611
-
total
9 100
-
8 114
-
Corporate
-
76 000
-
-
communal
-
5 130
-
-
income
-
11 400
-
-
surtax
-
798
-
-
total
-
17 328
-
-
Dividends
-
58 672
-
-
income
-
2 730
-
-
withholding
-
8 801
-
-
total
-
11 531
-
-
Income
76 000
76 000
76 000
76 000
Total tax
30 607
28 859
26 218
27 588
After tax
45 393
47 141
49 782
48 412
Living cost
54 656
54 656
54 656
54 656
Free-cash
-9 263
-7 515
-4 874
-6 244

Estimated living cost  is ₽54656 per week

₽41000
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3311
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽578
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9764
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽25214
₽17153
₽18834
₽22015
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
12 566
other
-
-
-
-
surtax
-
-
-
1 185
unemployment
-
-
-
229
health
-
-
-
5 396
pensions
-
-
-
15 200
total
-
-
-
34 576
Employee
33 870
-
62 783
-
other
-
-
-
-
unemployment
2 357
-
4 369
-
pensions
2 260
-
4 187
-
surtax
120
-
1 059
-
income
5 678
-
11 826
-
health
865
-
1 601
-
total
11 280
-
23 042
-
Employer
33 870
-
62 783
-
health
1 540
-
2 855
-
pensions
4 516
-
8 369
-
unemployment
1 075
-
1 991
-
other
-
-
-
-
total
7 131
-
13 215
-
Corporate
34 999
76 000
-
-
income
9 100
19 760
-
-
total
9 100
19 760
-
-
Dividends
25 899
56 240
-
-
withholding
3 884
8 436
-
-
total
3 884
8 436
-
-
Income
76 000
76 000
76 000
76 000
Total tax
31 395
28 196
36 257
34 576
After tax
44 605
47 804
39 743
41 424
Living cost
22 590
22 590
22 590
22 590
Free-cash
22 015
25 214
17 153
18 834

Estimated living cost  is ₽22590 per week

₽13639
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1964
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.
₽6464
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽12854
₽9400
₽13332
₽10621
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 000
social contributions
-
-
-
19 548
regional
-
-
-
1 146
municipal
-
-
-
452
national
-
-
-
14 429
total
-
-
-
35 575
Employee
55 790
-
76 000
-
municipal
296
-
403
-
national
8 839
-
12 455
-
regional
751
-
1 022
-
social contributions
18 813
-
25 627
-
total
28 699
-
39 507
-
Employer
55 790
-
76 000
-
total
-
-
-
-
Corporate
20 210
76 000
-
-
municipal
1 004
3 777
-
-
nationa
4 850
18 240
-
-
total
5 854
22 017
-
-
Dividends
14 356
53 982
-
-
withholding
3 733
14 036
-
-
total
3 733
14 036
-
-
Income
76 000
76 000
76 000
76 000
Total tax
38 286
36 053
39 507
35 575
After tax
37 714
39 947
36 493
40 425
Living cost
27 093
27 093
27 093
27 093
Free-cash
10 621
12 854
9 400
13 332

Estimated living cost  is ₽27093 per week

₽16849
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2745
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽464
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7035
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽21528
₽7769
₽6218
₽10541
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
6 532
social contributions
-
-
-
22 192
solidarity contribution
-
-
-
-
health
-
-
-
10 260
total
-
-
-
38 984
Employee
45 291
-
56 716
-
solidarity contribution
-
-
-
-
social contributions
2 944
-
3 687
-
income
5 435
-
6 806
-
health
6 114
-
7 657
-
total
14 493
-
18 150
-
Employer
45 291
-
56 716
-
health
4 076
-
5 104
-
social contributions
11 323
-
14 179
-
total
15 399
-
19 283
-
Corporate
15 310
76 000
-
-
income
2 909
14 440
-
-
total
2 909
14 440
-
-
Dividends
12 401
61 560
-
-
withholding
1 860
9 234
-
-
total
1 860
9 234
-
-
Income
76 000
76 000
76 000
76 000
Total tax
34 661
23 674
37 433
38 984
After tax
41 339
52 326
38 567
37 016
Living cost
30 798
30 798
30 798
30 798
Free-cash
10 541
21 528
7 769
6 218

Estimated living cost  is ₽30798 per week

₽22903
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1706
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽533
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5656
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽11040
-₽5791
₽8765
₽10538
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 801
surtax
-
-
-
-
unemployment
-
-
-
6 169
chamber of commerce
-
-
-
303
health
-
-
-
5 814
pensions
-
-
-
14 061
total
-
-
-
35 148
Employee
43 964
40 080
59 014
-
other
439
401
590
-
unemployment
1 319
1 202
1 771
-
pensions
4 502
4 103
6 043
-
income
3 916
2 956
8 230
-
health
1 701
1 552
2 285
-
total
11 877
10 214
18 919
-
Employer
43 964
40 080
59 014
-
chamber of commerce
176
160
237
-
health
1 662
1 515
2 231
-
pensions
5 518
5 031
7 405
-
accident
571
521
767
-
unemployment
1 319
1 202
1 771
-
surtax
-
-
-
-
payroll
1 319
1 202
1 771
-
other
2 088
1 903
2 804
-
total
12 653
11 534
16 986
-
Corporate
19 384
24 384
55 196
-
income

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

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

4 846
6 096
13 799
-
total
4 846
6 096
13 799
-
Dividends
14 538
18 288
-
-
withholding
3 999
5 029
-
-
total
3 999
5 029
-
-
Income
76 000
76 000
76 000
76 000
Total tax
33 375
32 873
49 704
35 148
After tax
42 625
43 127
26 296
40 852
Living cost
32 087
32 087
32 087
32 087
Free-cash
10 538
11 040
-5 791
8 765

Estimated living cost  is ₽32087 per week

₽19248
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3277
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽573
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8989
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59516
₽48116
₽62556
₽57138
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
15 855
-
76 000
-
income
3 171
-
15 200
-
total
3 171
-
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%.

60 145
76 000
-
-
total
-
-
-
-
Dividends
60 145
76 000
-
-
withholding
3 007
3 800
-
-
total
3 007
3 800
-
-
Income
76 000
76 000
76 000
76 000
Total tax
6 178
3 800
15 200
760
After tax
69 822
72 200
60 800
75 240
Living cost
12 684
12 684
12 684
12 684
Free-cash
57 138
59 516
48 116
62 556

Estimated living cost  is ₽12684 per week

₽8583
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽532
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽425
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3142
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽25350
₽11246
₽13421
₽16937
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
14 129
unemployment
-
-
-
115
health
-
-
-
7 480
pensions
-
-
-
13 879
total
-
-
-
35 603
Employee

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

44 474
-
65 762
-
unemployment
63
-
92
-
pensions
6 894
-
10 194
-
income
7 670
-
13 008
-
health
2 872
-
4 247
-
total
17 499
-
27 541
-
Employer

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

44 474
-
65 762
-
health
2 962
-
4 378
-
pensions
3 936
-
5 819
-
unemployment
27
-
40
-
total
6 925
-
10 237
-
Corporate
24 601
76 000
-
-
income
4 674
14 440
-
-
total
4 674
14 440
-
-
Dividends
19 927
61 560
-
-
withholding
2 989
9 234
-
-
total
2 989
9 234
-
-
Income
76 000
76 000
76 000
76 000
Total tax
32 087
23 674
37 778
35 603
After tax
43 913
52 326
38 222
40 397
Living cost
26 976
26 976
26 976
26 976
Free-cash
16 937
25 350
11 246
13 421

Estimated living cost  is ₽26976 per week

₽18513
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1729
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽523
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6212
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽2235
₽18581
₽8519
-₽76057
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
14 814
social contributions
-
-
-
8 664
total
-
-
-
23 478
Employee
63 094
-
-
-
social contributions
5 174
-
737
-
income
13 917
-
-
-
total
19 091
-
737
-
Employer
63 094
-
-
-
social contributions
88 963
-
12 679
-
total
88 963
-
12 679
-
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
108 054
29 762
13 416
23 478
After tax
-32 054
46 238
62 584
52 522
Living cost
44 003
44 003
44 003
44 003
Free-cash
-76 057
2 235
18 581
8 519

Estimated living cost  is ₽44003 per week

₽28551
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4138
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽561
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10753
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽11682
₽8630
₽11600
₽10669
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
6 444
surtax
-
-
-
-
social contributions

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

-
-
-
26 409
total
-
-
-
32 853
Employee
46 257
-
61 415
-
surtax
-
-
-
-
social contributions
5 088
-
6 756
-
income
9 622
-
14 482
-
total
14 710
-
21 238
-
Employer
46 257
-
61 415
-
social contributions
10 986
-
14 585
-
total
10 986
-
14 585
-
Corporate
18 758
76 000
-
-
income
3 939
15 960
-
-
surtax
-
-
-
-
total
3 939
15 960
-
-
Dividends
14 818
60 040
-
-
withholding
4 149
16 811
-
-
total
4 149
16 811
-
-
Income
76 000
76 000
76 000
76 000
Total tax
33 784
32 771
35 823
32 853
After tax
42 216
43 229
40 177
43 147
Living cost
31 547
31 547
31 547
31 547
Free-cash
10 669
11 682
8 630
11 600

Estimated living cost  is ₽31547 per week

₽23604
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1861
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽527
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5556
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽10273
-₽3199
-₽3443
-₽6665
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
4 312
other
-
-
-
2 355
surtax
-
-
-
-
social contributions
-
-
-
2 166
health
-
-
-
657
pensions
-
-
-
21 377
total
-
-
-
30 867
Employee
62 992
-
57 914
-
pensions
7 125
-
6 550
-
surtax
-
-
-
-
social contributions
1 794
-
1 651
-
income
5 496
-
4 336
-
total
14 415
-
12 537
-
Employer
62 992
-
57 914
-
health
4 409
-
4 054
-
pensions
10 350
-
9 514
-
unemployment
2 552
-
2 346
-
social contributions
189
-
174
-
other
2 174
-
1 998
-
total
19 674
-
18 086
-
Corporate
-
76 000
-
-
income
-
21 281
-
-
surtax
-
-
-
-
total
-
21 281
-
-
Dividends
-
54 719
-
-
surtax
-
-
-
-
social contributions
-
9 411
-
-
withholding
-
7 005
-
-
total
-
16 416
-
-
Income
76 000
76 000
76 000
76 000
Total tax
34 089
37 697
30 623
30 867
After tax
41 911
38 303
45 377
45 133
Living cost
48 576
48 576
48 576
48 576
Free-cash
-6 665
-10 273
-3 199
-3 443

Estimated living cost  is ₽48576 per week

₽32876
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3974
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽666
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11060
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38168
₽30507
₽28375
₽34790
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
674
social contributions
-
-
-
16 719
total
-
-
-
17 393
Employee
32 334
-
65 800
-
income
-
-
786
-
social contributions
2 101
-
4 277
-
total
2 101
-
5 063
-
Employer
32 334
-
65 800
-
social contributions
5 012
-
10 198
-
total
5 012
-
10 198
-
Corporate
38 654
76 000
-
-
income
3 865
7 600
-
-
total
3 865
7 600
-
-
Dividends
34 789
68 400
-
-
total
-
-
-
-
Income
76 000
76 000
76 000
76 000
Total tax
10 978
7 600
15 261
17 393
After tax
65 022
68 400
60 739
58 607
Living cost
30 232
30 232
30 232
30 232
Free-cash
34 790
38 168
30 507
28 375

Estimated living cost  is ₽30232 per week

₽19548
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2279
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽569
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7837
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽143026
-₽143026
-₽257
-₽143026
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 000
labour market
-
-
-
6 010
municipal
-
-
-
13 276
national
-
-
-
7 686
pensions
-
-
-
871
total
-
-
-
27 843
Employee
204 345
204 345
204 345
-
municipal
43 514
43 514
43 514
-
labour market
16 324
16 324
16 324
-
pensions
290
290
290
-
national
24 964
24 964
24 964
-
total
85 092
85 092
85 092
-
Employer
204 345
204 345
204 345
-
national
25 008
25 008
25 008
-
labour market
16 348
16 348
16 348
-
pensions
581
581
581
-
municipal
43 583
43 583
43 583
-
total
85 520
85 520
85 520
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
76 000
76 000
76 000
76 000
Total tax
170 612
170 612
170 612
27 843
After tax
-94 612
-94 612
-94 612
48 157
Living cost
48 414
48 414
48 414
48 414
Free-cash
-143 026
-143 026
-143 026
-257

Estimated living cost  is ₽48414 per week

₽33135
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4283
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽745
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10252
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽15914
₽16580
₽30257
₽2770
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
257
income
-
-
-
16 582
other
-
-
-
377
health
-
-
-
2 221
pensions
-
-
-
4 236
total
-
-
-
23 673
Employee
34 717
-
63 133
-
pensions
3 909
-
7 109
-
income
4 763
-
10 146
-
health
3 975
-
7 229
-
total
12 647
-
24 484
-
Employer
34 717
-
63 133
-
pensions
5 645
-
10 265
-
accident
580
-
1 054
-
unemployment
851
-
1 547
-
total
7 076
-
12 866
-
Corporate
34 207
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.

30 787
68 400
-
-
total
30 787
68 400
-
-
Dividends
3 421
7 600
-
-
withholding
650
1 444
-
-
total
650
1 444
-
-
Income
76 000
76 000
76 000
76 000
Total tax
51 160
69 844
37 350
23 673
After tax
24 840
6 156
38 650
52 327
Living cost
22 070
22 070
22 070
22 070
Free-cash
2 770
-15 914
16 580
30 257

Estimated living cost  is ₽22070 per week

₽16064
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1258
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽414
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4333
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽13257
₽6690
₽17796
₽9067
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
750
municipal
-
-
-
13 545
national
-
-
-
5 296
total
-
-
-
19 591
Employee
52 914
-
63 936
-
municipal
8 667
-
10 457
-
unemployment
794
-
958
-
pensions
3 571
-
4 315
-
national
874
-
2 338
-
health
395
-
565
-
total
14 301
-
18 633
-
Employer
52 914
-
63 936
-
health
407
-
492
-
pensions
9 180
-
11 093
-
accident
53
-
63
-
unemployment
344
-
416
-
total
9 984
-
12 064
-
Corporate
13 102
76 000
-
-
income
2 621
15 200
-
-
total
2 621
15 200
-
-
Dividends

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

7 861
45 600
-
-
municipal
1 414
8 209
-
-
national
-
721
-
-
total
1 414
8 930
-
-
Income
76 000
76 000
76 000
76 000
Total tax
28 320
24 130
30 697
19 591
After tax
47 680
51 870
45 303
56 409
Living cost
38 613
38 613
38 613
38 613
Free-cash
9 067
13 257
6 690
17 796

Estimated living cost  is ₽38613 per week

₽25222
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3714
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽615
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9064
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽29971
₽31402
₽33485
₽27013
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
5 436
social contributions
-
-
-
11 856
health
-
-
-
1 937
total
-
-
-
19 229
Employee
77 337
77 337
77 337
-
social contributions
2 924
6 419
5 726
-
income
8 421
7 159
7 409
-
health
599
1 315
1 174
-
total
11 944
14 893
14 309
-
Employer
77 337
77 337
77 337
-
health
651
1 431
1 277
-
social contributions
2 924
6 419
5 726
-
total
3 575
7 850
7 003
-
Corporate
37 195
-
-
-
income
4 649
-
-
-
total
4 649
-
-
-
Dividends
32 546
-
-
-
withholding
5 533
-
-
-
total
5 533
-
-
-
Income
76 000
76 000
76 000
76 000
Total tax
25 701
22 743
21 312
19 229
After tax
50 299
53 257
54 688
56 771
Living cost
23 286
23 286
23 286
23 286
Free-cash
27 013
29 971
31 402
33 485

Estimated living cost  is ₽23286 per week

₽13956
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2285
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.
₽6531
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽46968
₽30993
₽43067
₽41851
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
6 898
unemployment
-
-
-
29
health
-
-
-
3 640
pensions
-
-
-
6 398
total
-
-
-
16 965
Employee

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

23 085
-
68 902
-
unemployment
115
-
345
-
pensions
3 462
-
10 335
-
income
1 578
-
5 405
-
health
1 962
-
5 857
-
total
7 117
-
21 942
-
Employer

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

23 085
-
68 902
-
health
992
-
2 962
-
pensions
1 269
-
3 790
-
unemployment
115
-
345
-
total
2 376
-
7 097
-
Corporate
50 538
76 000
-
-
income
4 548
6 840
-
-
total
4 548
6 840
-
-
Dividends
45 990
69 160
-
-
withholding
4 140
6 224
-
-
total
4 140
6 224
-
-
Income
76 000
76 000
76 000
76 000
Total tax
18 181
13 064
29 039
16 965
After tax
57 819
62 936
46 961
59 035
Living cost
15 968
15 968
15 968
15 968
Free-cash
41 851
46 968
30 993
43 067

Estimated living cost  is ₽15968 per week

₽10188
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1151
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽475
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4153
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽23606
₽13624
₽13086
₽18331
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
12 458
other
-
-
-
76
unemployment
-
-
-
532
pensions
-
-
-
21 508
total
-
-
-
35 257
Employee
37 188
-
57 628
-
other
36
-
57
-
unemployment
576
-
893
-
pensions
1 748
-
2 708
-
income
7 170
-
12 689
-
total
9 530
-
16 347
-
Employer
37 188
-
57 628
-
pensions
8 776
-
13 601
-
accident
737
-
1 141
-
unemployment
2 046
-
3 170
-
other
298
-
460
-
total
11 857
-
18 372
-
Corporate
26 955
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.

4 042
11 400
-
-
total
4 042
11 400
-
-
Dividends
22 913
64 600
-
-
withholding
4 583
13 337
-
-
total
4 583
13 337
-
-
Income
76 000
76 000
76 000
76 000
Total tax
30 012
24 737
34 719
35 257
After tax
45 988
51 263
41 281
40 743
Living cost
27 657
27 657
27 657
27 657
Free-cash
18 331
23 606
13 624
13 086

Estimated living cost  is ₽27657 per week

₽18668
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2659
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽485
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5846
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽45465
₽46151
₽46290
₽45144
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
25 286
health
-
-
-
1 036
pensions
-
-
-
1 429
total
-
-
-
27 751
Employee
2 983
-
74 393
-
unemployment
30
-
71
-
pensions
268
-
643
-
income
577
-
25 211
-
health
149
-
357
-
total
1 024
-
26 282
-
Employer
2 983
-
74 393
-
health
283
-
679
-
pensions
328
-
786
-
unemployment
60
-
143
-
total
671
-
1 608
-
Corporate
72 346
76 000
-
-
income
15 916
16 720
-
-
total
15 916
16 720
-
-
Dividends
56 430
59 280
-
-
withholding
11 286
11 856
-
-
total
11 286
11 856
-
-
Income
76 000
76 000
76 000
76 000
Total tax
28 897
28 576
27 890
27 751
After tax
47 103
47 424
48 110
48 249
Living cost
1 959
1 959
1 959
1 959
Free-cash
45 144
45 465
46 151
46 290

Estimated living cost  is ₽1959 per week

₽1164
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽159
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽45
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽591
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽37517
₽22266
₽19841
₽32568
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
10 670
unemployment
-
-
-
1 115
health
-
-
-
7 656
pensions
-
-
-
19 325
total
-
-
-
38 766
Employee

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

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

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

26 227
-
64 461
-
unemployment
197
-
483
-
pensions
3 672
-
9 025
-
income
3 615
-
11 975
-
health
1 351
-
3 320
-
total
8 835
-
24 803
-
Employer

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

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

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

26 227
-
64 461
-
health
1 351
-
3 320
-
pensions
3 147
-
7 735
-
unemployment
197
-
483
-
total
4 695
-
11 538
-
Corporate
45 078
76 000
-
-
income
6 762
11 400
-
-
total
6 762
11 400
-
-
Dividends
38 316
64 600
-
-
withholding
5 747
9 690
-
-
total
5 747
9 690
-
-
Income
76 000
76 000
76 000
76 000
Total tax
26 039
21 090
36 341
38 766
After tax
49 961
54 910
39 659
37 234
Living cost
17 393
17 393
17 393
17 393
Free-cash
32 568
37 517
22 266
19 841

Estimated living cost  is ₽17393 per week

₽11711
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1345
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽503
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3834
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽16115
₽13063
₽16033
₽15753
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
6 444
surtax
-
-
-
-
social contributions

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

-
-
-
26 409
total
-
-
-
32 853
Employee
39 035
-
61 415
-
surtax
-
-
-
-
social contributions
4 294
-
6 756
-
income
7 627
-
14 482
-
total
11 921
-
21 238
-
Employer
39 035
-
61 415
-
social contributions
9 270
-
14 585
-
total
9 270
-
14 585
-
Corporate
27 695
76 000
-
-
income
5 815
15 960
-
-
surtax
-
-
-
-
total
5 815
15 960
-
-
Dividends
21 879
60 040
-
-
withholding
6 127
16 811
-
-
total
6 127
16 811
-
-
Income
76 000
76 000
76 000
76 000
Total tax
33 133
32 771
35 823
32 853
After tax
42 867
43 229
40 177
43 147
Living cost
27 114
27 114
27 114
27 114
Free-cash
15 753
16 115
13 063
16 033

Estimated living cost  is ₽27114 per week

₽19204
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1884
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.
₽5546
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽15917
₽5935
₽5397
₽8222
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
12 458
other
-
-
-
76
unemployment
-
-
-
532
pensions
-
-
-
21 508
total
-
-
-
35 257
Employee
48 573
-
57 628
-
other
48
-
57
-
unemployment
752
-
893
-
pensions
2 283
-
2 708
-
income
10 145
-
12 689
-
total
13 228
-
16 347
-
Employer
48 573
-
57 628
-
pensions
11 463
-
13 601
-
accident
962
-
1 141
-
unemployment
2 672
-
3 170
-
other
389
-
460
-
total
15 486
-
18 372
-
Corporate
11 941
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.

1 790
11 400
-
-
total
1 790
11 400
-
-
Dividends
10 150
64 600
-
-
withholding
1 928
13 337
-
-
total
1 928
13 337
-
-
Income
76 000
76 000
76 000
76 000
Total tax
32 432
24 737
34 719
35 257
After tax
43 568
51 263
41 281
40 743
Living cost
35 346
35 346
35 346
35 346
Free-cash
8 222
15 917
5 935
5 397

Estimated living cost  is ₽35346 per week

₽25384
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2748
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.
₽6716
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47655
₽39769
₽37882
₽41518
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
11 400
unemployment
-
-
-
141
health
-
-
-
4 046
pensions

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

-
-
-
5 206
total
-
-
-
20 793
Employee
22 941
-
69 098
-
accident

We are using the highest rate at 1.1%.

252
-
387
-
pensions

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

2 014
-
3 089
-
income
2 294
-
6 910
-
health
1 055
-
1 618
-
total
5 615
-
12 004
-
Employer
22 941
-
69 098
-
health
1 583
-
2 427
-
pensions

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

2 528
-
3 877
-
accident

We are using the highest rate at 1.1%.

252
-
387
-
unemployment
138
-
211
-
total
4 501
-
6 902
-
Corporate
48 558
76 000
-
-
income
4 856
7 600
-
-
total
4 856
7 600
-
-
Dividends
43 703
68 400
-
-
withholding
2 185
3 420
-
-
total
2 185
3 420
-
-
Income
76 000
76 000
76 000
76 000
Total tax
17 157
11 020
18 906
20 793
After tax
58 843
64 980
57 094
55 207
Living cost
17 325
17 325
17 325
17 325
Free-cash
41 518
47 655
39 769
37 882

Estimated living cost  is ₽17325 per week

₽11459
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽992
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽413
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4462
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽452
₽17599
₽13404
₽13606
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
12 039
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.

-
-
-
662
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.

-
-
-
6 871
trade
-
-
-
4 195
total
-
-
-
23 767
Employee

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

50 042
-
76 000
-
surtax

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

227
-
662
-
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.

4 115
-
12 039
-
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.

6 871
-
6 871
-
total
11 213
-
19 572
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
25 958
76 000
-
-
income
3 894
11 400
-
-
surtax

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

214
628
-
-
chamber of commerce
191
263
-
-
trade
3 726
10 906
-
-
total
8 025
23 197
-
-
Dividends
17 934
52 803
-
-
surtax

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

225
704
-
-
withholding
4 102
12 818
-
-
total
4 327
13 522
-
-
Income
76 000
76 000
76 000
76 000
Total tax
23 565
36 719
19 572
23 767
After tax
52 435
39 281
56 428
52 233
Living cost
38 829
38 829
38 829
38 829
Free-cash
13 606
452
17 599
13 404

Estimated living cost  is ₽38829 per week

₽26785
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4178
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.
₽7302
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽4092
-₽1310
-₽1310
-₽2673
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
13 776
social contributions
-
-
-
6 242
total
-
-
-
20 018
Employee
78 672
-
76 000
-
income
14 845
-
13 776
-
social contributions
6 536
-
6 242
-
total
21 381
-
20 018
-
Employer
78 672
-
76 000
-
total
-
-
-
-
Corporate
-
76 000
-
-
income
-
9 499
-
-
total
-
9 499
-
-
Dividends
-
66 501
-
-
withholding
-
13 301
-
-
total
-
13 301
-
-
Income
76 000
76 000
76 000
76 000
Total tax
21 381
22 800
20 018
20 018
After tax
54 619
53 200
55 982
55 982
Living cost
57 292
57 292
57 292
57 292
Free-cash
-2 673
-4 092
-1 310
-1 310

Estimated living cost  is ₽57292 per week

₽43587
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4668
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽548
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8489
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽7577
₽18925
₽4785
₽13404
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
28 629
health

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

-
-
-
6 077
total
-
-
-
34 706
Employee
46 138
-
71 374
-
income
5 006
-
11 314
-
social contributions
4 623
-
4 626
-
total
9 629
-
15 940
-
Employer
46 138
-
71 374
-
social contributions
4 623
-
4 626
-
total
4 623
-
4 626
-
Corporate
25 240
76 000
-
-
income
8 833
26 600
-
-
total
8 833
26 600
-
-
Dividends
16 407
49 400
-
-
social contributions
3 002
5 314
-
-
total
3 002
5 314
-
-
Income
76 000
76 000
76 000
76 000
Total tax
26 087
31 914
20 566
34 706
After tax
49 913
44 086
55 434
41 294
Living cost
36 509
36 509
36 509
36 509
Free-cash
13 404
7 577
18 925
4 785

Estimated living cost  is ₽36509 per week

₽24048
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2878
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽559
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9022
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽19809
₽11238
₽19530
₽14169
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
14 165
pensions
-
-
-
5 172
total
-
-
-
19 337
Employee
50 971
-
67 317
-
pensions
3 890
-
5 852
-
income
9 282
-
12 094
-
health
665
-
1 000
-
total
13 837
-
18 946
-
Employer
50 971
-
67 317
-
health
969
-
1 279
-
pensions
5 150
-
7 404
-
total
6 119
-
8 683
-
Corporate
18 911
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.

3 593
14 441
-
-
total
3 593
14 441
-
-
Dividends
15 318
61 559
-
-
withholding
1 149
4 617
-
-
total
1 149
4 617
-
-
Income
76 000
76 000
76 000
76 000
Total tax
24 698
19 058
27 629
19 337
After tax
51 302
56 942
48 371
56 663
Living cost
37 133
37 133
37 133
37 133
Free-cash
14 169
19 809
11 238
19 530

Estimated living cost  is ₽37133 per week

₽25473
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3415
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽465
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7778
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽18099
₽14395
₽28072
₽2436
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
257
income
-
-
-
16 582
other
-
-
-
377
health
-
-
-
2 221
pensions
-
-
-
4 236
total
-
-
-
23 673
Employee
38 154
-
63 133
-
pensions
4 296
-
7 109
-
income
5 234
-
10 146
-
health
4 368
-
7 229
-
total
13 898
-
24 484
-
Employer
38 154
-
63 133
-
pensions
6 204
-
10 265
-
accident
637
-
1 054
-
unemployment
935
-
1 547
-
total
7 776
-
12 866
-
Corporate
30 071
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.

27 064
68 400
-
-
total
27 064
68 400
-
-
Dividends
3 007
7 600
-
-
withholding
571
1 444
-
-
total
571
1 444
-
-
Income
76 000
76 000
76 000
76 000
Total tax
49 309
69 844
37 350
23 673
After tax
26 691
6 156
38 650
52 327
Living cost
24 255
24 255
24 255
24 255
Free-cash
2 436
-18 099
14 395
28 072

Estimated living cost  is ₽24255 per week

₽17800
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1413
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽489
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4552
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽51011
₽30511
₽30511
₽46119
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
11 000
unemployment
-
-
-
912
work injury
-
-
-
380
health insurance
-
-
-
5 624
pensions
-
-
-
13 984
total
-
-
-
31 900
Employee

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

21 742
-
76 000
-
health insurance
1 609
-
5 624
-
unemployment
261
-
912
-
work injury
109
-
380
-
pensions
4 000
-
13 984
-
income
2 174
-
11 000
-
total
8 153
-
31 900
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
54 258
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
54 258
76 000
-
-
withholding
8 139
11 400
-
-
total
8 139
11 400
-
-
Income
76 000
76 000
76 000
76 000
Total tax
16 292
11 400
31 900
31 900
After tax
59 708
64 600
44 100
44 100
Living cost
13 589
13 589
13 589
13 589
Free-cash
46 119
51 011
30 511
30 511

Estimated living cost  is ₽13589 per week

₽8418
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽987
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽424
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3759
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽34
-₽3692
₽157
-₽8752
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 000
social contributions
-
-
-
19 548
regional
-
-
-
1 291
municipal
-
-
-
508
national
-
-
-
14 429
total
-
-
-
35 776
Employee
84 751
-
76 000
-
municipal
506
-
454
-
national
14 322
-
12 455
-
regional
1 280
-
1 089
-
social contributions
28 577
-
25 627
-
total
44 685
-
39 625
-
Employer
84 751
-
76 000
-
total
-
-
-
-
Corporate
-
76 000
-
-
municipal
-
3 663
-
-
nationa
-
18 240
-
-
total
-
21 903
-
-
Dividends
-
54 097
-
-
withholding
-
14 064
-
-
total
-
14 064
-
-
Income
76 000
76 000
76 000
76 000
Total tax
44 685
35 967
39 625
35 776
After tax
31 315
40 033
36 375
40 224
Living cost
40 067
40 067
40 067
40 067
Free-cash
-8 752
-34
-3 692
157

Estimated living cost  is ₽40067 per week

₽28144
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2756
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽605
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8560
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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