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
₽7936
₽19098
₽21304
₽25885
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
4 581
income

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

-
-
-
11 995
health

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

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

-
-
-
6 894
surtax

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

-
-
-
661
total
-
-
-
24 131
Employee

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

38 597
-
76 000
-
health

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

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

6 894
-
6 894
-
surtax

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

59
-
661
-
income

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

1 078
-
11 995
-
total
8 031
-
19 550
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
37 403
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.

308
626
-
-
income
5 611
11 400
-
-
trade
5 890
11 971
-
-
chamber of commerce
207
262
-
-
total
12 016
24 259
-
-
Dividends
25 387
51 741
-
-
surtax

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

327
689
-
-
withholding
5 963
12 551
-
-
total
6 290
13 240
-
-
Income
76 000
76 000
76 000
76 000
Total tax
26 337
37 499
19 550
24 131
After tax
49 663
38 501
56 450
51 869
Living cost
30 565
30 565
30 565
30 565
Free-cash
19 098
7 936
25 885
21 304

Estimated living cost  is ₽30565 per week

₽19226
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3564
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽571
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7204
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Dresden model

Close
Reykjavik , Iceland
-₽3566
-₽10218
-₽4327
-₽3730
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 000
municipal
-
-
-
7 609
pensions
-
-
-
9 120
national
-
-
-
11 791
social contributions
-
-
-
817
total
-
-
-
29 337
Employee
79 044
-
65 701
-
municipal
9 763
-
7 903
-
pensions
3 162
-
2 628
-
national
15 129
-
12 247
-
total
28 054
-
22 778
-
Employer
79 044
-
65 701
-
social contributions
850
-
706
-
pensions
6 324
-
5 256
-
total
7 174
-
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
35 228
28 576
28 740
29 337
After tax
40 772
47 424
47 260
46 663
Living cost
50 990
50 990
50 990
50 990
Free-cash
-10 218
-3 566
-3 730
-4 327

Estimated living cost  is ₽50990 per week

₽34657
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4740
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽763
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10830
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Reykjavik model

Close
Riga , Latvia
₽39807
₽31528
₽40429
₽22128
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
microenterprise
-
-
-
11 400
income
-
-
-
-
surtax
-
-
-
-
social contributions

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

-
-
-
3 177
total
-
-
-
14 577
Employee
29 487
-
61 245
-
social contributions

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

3 244
-
6 737
-
surtax
-
-
-
-
income
5 249
-
11 388
-
total
8 493
-
18 125
-
Employer
29 487
-
61 245
-
social contributions

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

7 103
-
14 753
-
surtax
-
-
-
-
total
7 103
-
14 753
-
Corporate
39 410
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%.

7 882
15 199
-
-
total
7 882
15 199
-
-
Dividends

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

31 528
60 801
-
-
total
-
-
-
-
Income
76 000
76 000
76 000
76 000
Total tax
23 478
15 199
32 878
14 577
After tax
52 522
60 801
43 122
61 423
Living cost
20 994
20 994
20 994
20 994
Free-cash
31 528
39 807
22 128
40 429

Estimated living cost  is ₽20994 per week

₽13393
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1999
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5125
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Riga model

Close
Rotterdam , Netherlands
-₽18542
-₽24206
₽1006
-₽24206
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
10 228
pensions
-
-
-
11 823
health
-
-
-
10 670
total
-
-
-
32 721
Employee
86 174
86 174
86 174
-
health
13 227
11 251
13 227
-
income

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

14 105
14 105
14 105
-
pensions
15 511
11 823
15 511
-
total
42 843
37 179
42 843
-
Employer
86 174
86 174
86 174
-
unemployment
3 102
3 102
3 102
-
pensions
5 998
5 998
5 998
-
health
5 990
5 990
5 990
-
total
15 090
15 090
15 090
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
76 000
76 000
76 000
76 000
Total tax
57 933
52 269
57 933
32 721
After tax
18 067
23 731
18 067
43 279
Living cost
42 273
42 273
42 273
42 273
Free-cash
-24 206
-18 542
-24 206
1 006

Estimated living cost  is ₽42273 per week

₽29958
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3811
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽672
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7832
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rotterdam model

Close
Stockholm , Sweden
₽2507
₽1631
-₽1104
₽1595
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 000
municipal
-
-
-
16 098
accident
-
-
-
152
pensions
-
-
-
8 216
other
-
-
-
8 831
unemployment
-
-
-
76
health
-
-
-
4 742
national
-
-
-
-
total
-
-
-
38 115
Employee
55 556
-
57 830
-
municipal
16 567
-
17 245
-
national
-
-
-
-
total
16 567
-
17 245
-
Employer
55 556
-
57 830
-
accident
111
-
116
-
other
6 456
-
6 720
-
unemployment
1 467
-
1 527
-
pensions
6 006
-
6 251
-
health
3 417
-
3 557
-
total
17 457
-
18 171
-
Corporate
2 988
76 000
-
-
income
657
16 720
-
-
total
657
16 720
-
-
Dividends
2 331
59 280
-
-
withholding
699
17 784
-
-
total
699
17 784
-
-
Income
76 000
76 000
76 000
76 000
Total tax
35 380
34 504
35 416
38 115
After tax
40 620
41 496
40 584
37 885
Living cost
38 989
38 989
38 989
38 989
Free-cash
1 631
2 507
1 595
-1 104

Estimated living cost  is ₽38989 per week

₽25841
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3826
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽592
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8731
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Stockholm model

Close
Hamburg , Germany
-₽1534
₽12643
₽12024
₽16808
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
4 784
income

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

-
-
-
11 995
health

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

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

-
-
-
6 894
surtax

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

-
-
-
661
total
-
-
-
24 334
Employee

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

51 174
-
76 000
-
health

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

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

6 894
-
6 894
-
surtax

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

241
-
661
-
income

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

4 397
-
11 995
-
total
11 532
-
19 550
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
24 826
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.

205
626
-
-
income
3 725
11 400
-
-
trade
4 085
12 503
-
-
chamber of commerce
188
260
-
-
total
8 203
24 789
-
-
Dividends
16 624
51 210
-
-
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.

207
684
-
-
withholding
3 773
12 419
-
-
total
3 980
13 103
-
-
Income
76 000
76 000
76 000
76 000
Total tax
23 715
37 892
19 550
24 334
After tax
52 285
38 108
56 450
51 666
Living cost
39 642
39 642
39 642
39 642
Free-cash
12 643
-1 534
16 808
12 024

Estimated living cost  is ₽39642 per week

₽26513
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4180
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽592
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8357
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Hamburg model

Close
Limassol , Cyprus
₽20451
₽18857
₽24073
₽21926
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
5 402
health
-
-
-
1 938
social contributions
-
-
-
11 856
total
-
-
-
19 196
Employee
77 596
77 596
77 596
-
social contributions
3 771
6 440
5 726
-
health
772
1 319
1 174
-
income
8 148
7 183
7 440
-
total
12 691
14 942
14 340
-
Employer
77 596
77 596
77 596
-
social contributions
3 771
6 440
5 726
-
health
841
1 436
1 277
-
total
4 612
7 876
7 003
-
Corporate
25 967
-
-
-
income
3 246
-
-
-
total
3 246
-
-
-
Dividends
22 722
-
-
-
withholding
3 863
-
-
-
total
3 863
-
-
-
Income
76 000
76 000
76 000
76 000
Total tax
24 412
22 818
21 343
19 196
After tax
51 588
53 182
54 657
56 804
Living cost
32 731
32 731
32 731
32 731
Free-cash
18 857
20 451
21 926
24 073

Estimated living cost  is ₽32731 per week

₽22375
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2557
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽550
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7250
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Limassol model

Close
Budapest , Hungary
₽24572
₽24951
₽34314
₽25722
S + D Salary + Dividends

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

Dividends

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

Salary

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

26 467
10 533
63 598
-
health
1 853
737
4 452
-
income
3 236
1 288
7 775
-
pensions
2 647
1 053
6 360
-
unemployment
397
158
954
-
total
8 133
3 236
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.

26 467
10 533
63 598
-
pensions
5 161
2 054
12 402
-
total
5 161
2 054
12 402
-
Corporate
44 372
63 413
-
-
income
3 994
5 707
-
-
total
3 994
5 707
-
-
Dividends
40 379
57 706
-
-
social contributions
7 754
11 132
-
-
withholding
7 672
10 964
-
-
total
15 426
22 096
-
-
Income
76 000
76 000
76 000
76 000
Total tax
32 714
33 093
31 943
23 351
After tax
43 286
42 907
44 057
52 649
Living cost
18 335
18 335
18 335
18 335
Free-cash
24 951
24 572
25 722
34 314

Estimated living cost  is ₽18335 per week

₽12512
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1500
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽366
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3956
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Budapest model

Close
Tallinn , Estonia
₽36427
₽30156
₽16364
₽19430
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
15 199
health
-
-
-
9 879
total
-
-
-
35 262
Employee
28 627
-
56 802
-
income
3 223
-
10 952
-
pensions
573
-
1 136
-
unemployment
458
-
910
-
total
4 254
-
12 998
-
Employer
28 627
-
56 802
-
unemployment
230
-
454
-
pensions
5 726
-
11 360
-
health
3 721
-
7 384
-
total
9 677
-
19 198
-
Corporate
37 697
76 000
-
-
income
7 539
15 199
-
-
total
7 539
15 199
-
-
Dividends
30 157
60 801
-
-
total
-
-
-
-
Income
76 000
76 000
76 000
76 000
Total tax
21 470
15 199
32 196
35 262
After tax
54 530
60 801
43 804
40 738
Living cost
24 374
24 374
24 374
24 374
Free-cash
30 156
36 427
19 430
16 364

Estimated living cost  is ₽24374 per week

₽16718
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1452
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽490
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5714
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Tallinn model

Close
Gdansk , Poland
-₽15915
₽2770
₽30246
₽16498
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
253
income
-
-
-
16 696
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
23 683
Employee
34 719
-
63 133
-
health
3 975
-
7 229
-
income
4 763
-
10 227
-
pensions
3 909
-
7 109
-
total
12 647
-
24 565
-
Employer
34 719
-
63 133
-
accident
580
-
1 054
-
unemployment
851
-
1 547
-
pensions
5 646
-
10 265
-
total
7 077
-
12 866
-
Corporate
34 206
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.

30 785
68 400
-
-
total
30 785
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
51 159
69 844
37 431
23 683
After tax
24 841
6 156
38 569
52 317
Living cost
22 071
22 071
22 071
22 071
Free-cash
2 770
-15 915
16 498
30 246

Estimated living cost  is ₽22071 per week

₽16176
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1223
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽461
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4212
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Gdansk model

Close
Batumi , Georgia
₽63121
₽61420
₽66161
₽51721
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
11 349
-
76 000
-
income
2 269
-
15 200
-
total
2 269
-
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%.

64 651
76 000
-
-
total
-
-
-
-
Dividends
64 651
76 000
-
-
withholding
3 232
3 800
-
-
total
3 232
3 800
-
-
Income
76 000
76 000
76 000
76 000
Total tax
5 501
3 800
15 200
760
After tax
70 499
72 200
60 800
75 240
Living cost
9 079
9 079
9 079
9 079
Free-cash
61 420
63 121
51 721
66 161

Estimated living cost  is ₽9079 per week

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

Additional information

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

Source of data for Batumi model

Close
Bratislava , Slovakia
₽28948
₽22133
₽14264
₽17659
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
9 653
pensions

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

-
-
-
18 240
other
-
-
-
3 610
health
-
-
-
3 344
total
-
-
-
34 847
Employee
36 640
-
60 701
-
health
513
-
850
-
income
6 308
-
10 448
-
pensions

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

2 564
-
4 249
-
unemployment
366
-
607
-
total
9 751
-
16 154
-
Employer
36 640
-
60 701
-
accident
293
-
486
-
other
1 833
-
3 035
-
unemployment
366
-
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.

6 229
-
10 320
-
health
513
-
850
-
total
9 234
-
15 298
-
Corporate
30 126
76 000
-
-
income
6 327
15 960
-
-
total
6 327
15 960
-
-
Dividends
23 799
60 040
-
-
withholding
1 666
4 203
-
-
total
1 666
4 203
-
-
Income
76 000
76 000
76 000
76 000
Total tax
26 978
20 163
31 452
34 847
After tax
49 022
55 837
44 548
41 153
Living cost
26 889
26 889
26 889
26 889
Free-cash
22 133
28 948
17 659
14 264

Estimated living cost  is ₽26889 per week

₽18999
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1815
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽433
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5642
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Bratislava model

Close
London , United Kingdom
-₽10778
-₽32950
-₽11041
-₽19309
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
14 170
pensions
-
-
-
5 149
total
-
-
-
19 319
Employee
95 816
-
67 336
-
health
1 579
-
995
-
income
17 272
-
12 103
-
pensions
9 244
-
5 825
-
total
28 095
-
18 923
-
Employer
95 816
-
67 336
-
pensions
11 313
-
7 384
-
health
1 820
-
1 280
-
total
13 133
-
8 664
-
Corporate
-
76 000
-
-
income

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

-
14 440
-
-
total
-
14 440
-
-
Dividends
-
61 560
-
-
withholding
-
4 616
-
-
total
-
4 616
-
-
Income
76 000
76 000
76 000
76 000
Total tax
41 228
19 056
27 587
19 319
After tax
34 772
56 944
48 413
56 681
Living cost
67 722
67 722
67 722
67 722
Free-cash
-32 950
-10 778
-19 309
-11 041

Estimated living cost  is ₽67722 per week

₽50745
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7957
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽551
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8470
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

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

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

Source of data for London model

Close
Varna , Bulgaria
₽51741
₽47051
₽41944
₽43825
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions

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

-
-
-
5 220
unemployment
-
-
-
141
health
-
-
-
4 056
total
-
-
-
20 817
Employee
17 531
-
69 080
-
health
806
-
1 622
-
accident

We are using the highest rate at 1.1%.

193
-
388
-
income
1 753
-
6 908
-
pensions

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

1 539
-
3 097
-
total
4 291
-
12 015
-
Employer
17 531
-
69 080
-
accident

We are using the highest rate at 1.1%.

193
-
388
-
unemployment
105
-
212
-
pensions

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

1 932
-
3 887
-
health
1 210
-
2 434
-
total
3 440
-
6 921
-
Corporate
55 029
76 000
-
-
income
5 503
7 600
-
-
total
5 503
7 600
-
-
Dividends
49 526
68 400
-
-
withholding
2 476
3 420
-
-
total
2 476
3 420
-
-
Income
76 000
76 000
76 000
76 000
Total tax
15 710
11 020
18 936
20 817
After tax
60 290
64 980
57 064
55 183
Living cost
13 239
13 239
13 239
13 239
Free-cash
47 051
51 741
43 825
41 944

Estimated living cost  is ₽13239 per week

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

Source of data for Varna model

Close
Amsterdam , Netherlands
-₽32226
-₽33937
-₽12678
-₽37890
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
10 228
pensions
-
-
-
11 823
health
-
-
-
10 670
total
-
-
-
32 721
Employee
93 558
86 174
86 174
-
health
11 672
11 251
13 227
-
income

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

14 105
14 105
14 105
-
pensions
11 823
11 823
15 511
-
total
37 600
37 179
42 843
-
Employer
93 558
86 174
86 174
-
unemployment
3 368
3 102
3 102
-
pensions
6 511
5 998
5 998
-
health
6 501
5 990
5 990
-
total
16 380
15 090
15 090
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
76 000
76 000
76 000
76 000
Total tax
53 980
52 269
57 933
32 721
After tax
22 020
23 731
18 067
43 279
Living cost
55 957
55 957
55 957
55 957
Free-cash
-33 937
-32 226
-37 890
-12 678

Estimated living cost  is ₽55957 per week

₽41278
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4998
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽642
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9041
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Amsterdam model

Close
Brno , Czech Republic
₽28159
₽19536
₽12849
₽14400
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
10 260
solidarity contribution
-
-
-
-
social contributions
-
-
-
22 192
total
-
-
-
38 984
Employee
35 540
-
56 716
-
social contributions
2 310
-
3 687
-
health
4 798
-
7 657
-
solidarity contribution
-
-
-
-
income
4 265
-
6 806
-
total
11 373
-
18 150
-
Employer
35 540
-
56 716
-
social contributions
8 885
-
14 179
-
health
3 199
-
5 104
-
total
12 084
-
19 283
-
Corporate
28 377
76 000
-
-
income
5 392
14 440
-
-
total
5 392
14 440
-
-
Dividends
22 985
61 560
-
-
withholding
3 448
9 234
-
-
total
3 448
9 234
-
-
Income
76 000
76 000
76 000
76 000
Total tax
32 297
23 674
37 433
38 984
After tax
43 703
52 326
38 567
37 016
Living cost
24 167
24 167
24 167
24 167
Free-cash
19 536
28 159
14 400
12 849

Estimated living cost  is ₽24167 per week

₽16787
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1719
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽475
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5186
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Brno model

Close
Milan , Italy
-₽2033
-₽13683
-₽1779
-₽5756
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 000
municipal
-
-
-
452
regional
-
-
-
795
national
-
-
-
14 405
social contributions
-
-
-
19 546
total
-
-
-
35 198
Employee
89 684
-
76 000
-
social contributions
30 241
-
25 626
-
regional
846
-
696
-
municipal
475
-
402
-
national
15 540
-
12 451
-
total
47 102
-
39 175
-
Employer
89 684
-
76 000
-
total
-
-
-
-
Corporate
-
76 000
-
-
nationa
-
18 240
-
-
municipal
-
2 964
-
-
total
-
21 204
-
-
Dividends
-
54 795
-
-
withholding
-
14 248
-
-
total
-
14 248
-
-
Income
76 000
76 000
76 000
76 000
Total tax
47 102
35 452
39 175
35 198
After tax
28 898
40 548
36 825
40 802
Living cost
42 581
42 581
42 581
42 581
Free-cash
-13 683
-2 033
-5 756
-1 779

Estimated living cost  is ₽42581 per week

₽29682
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2792
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽653
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9452
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Milan model

Close
Thessaloniki , Greece
₽25535
₽22394
₽19172
₽17491
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
12 553
pensions
-
-
-
15 199
other
-
-
-
-
unemployment
-
-
-
230
health
-
-
-
5 396
surtax
-
-
-
1 182
total
-
-
-
34 560
Employee
33 371
-
62 785
-
other
-
-
-
-
health
852
-
1 601
-
surtax
109
-
1 053
-
income
5 594
-
11 814
-
pensions
2 225
-
4 188
-
unemployment
2 323
-
4 370
-
total
11 103
-
23 026
-
Employer
33 371
-
62 785
-
other
-
-
-
-
unemployment
1 057
-
1 990
-
pensions
4 449
-
8 368
-
health
1 519
-
2 857
-
total
7 025
-
13 215
-
Corporate
35 605
76 000
-
-
income
9 257
19 761
-
-
total
9 257
19 761
-
-
Dividends
26 348
56 239
-
-
withholding
3 953
8 436
-
-
total
3 953
8 436
-
-
Income
76 000
76 000
76 000
76 000
Total tax
31 338
28 197
36 241
34 560
After tax
44 662
47 803
39 759
41 440
Living cost
22 268
22 268
22 268
22 268
Free-cash
22 394
25 535
17 491
19 172

Estimated living cost  is ₽22268 per week

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

Source of data for Thessaloniki model

Close
Cambridge , United Kingdom
₽10678
₽2710
₽10415
₽2147
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
14 170
pensions
-
-
-
5 149
total
-
-
-
19 319
Employee
64 213
-
67 336
-
health
932
-
995
-
income
11 565
-
12 103
-
pensions
5 450
-
5 825
-
total
17 947
-
18 923
-
Employer
64 213
-
67 336
-
pensions
6 951
-
7 384
-
health
1 220
-
1 280
-
total
8 171
-
8 664
-
Corporate
3 616
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.

687
14 440
-
-
total
687
14 440
-
-
Dividends
2 929
61 560
-
-
withholding
219
4 616
-
-
total
219
4 616
-
-
Income
76 000
76 000
76 000
76 000
Total tax
27 024
19 056
27 587
19 319
After tax
48 976
56 944
48 413
56 681
Living cost
46 266
46 266
46 266
46 266
Free-cash
2 710
10 678
2 147
10 415

Estimated living cost  is ₽46266 per week

₽34662
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3468
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽484
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7651
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

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

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

Source of data for Cambridge model

Close
Zurich , Switzerland
-₽41512
-₽21753
-₽12253
-₽16153
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
city
-
-
-
799
pensions
-
-
-
6 991
other

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

-
-
-
1 520
regional
-
-
-
2 123
health
-
-
-
249
national
-
-
-
305
total
-
-
-
11 987
Employee
89 251
-
68 024
-
city
958
-
731
-
regional
2 923
-
1 806
-
health
202
-
153
-
pensions
7 498
-
5 714
-
unemployment
-
-
-
-
national
422
-
255
-
total
12 003
-
8 659
-
Employer
89 251
-
68 024
-
other

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

1 784
-
1 361
-
unemployment
-
-
-
-
pensions
7 498
-
5 714
-
health
202
-
153
-
total
9 484
-
7 228
-
Corporate
-
76 000
-
-
regional
-
16 074
-
-
national
-
6 460
-
-
total
-
22 534
-
-
Dividends
-
53 466
-
-
withholding
-
18 712
-
-
total
-
18 712
-
-
Income
76 000
76 000
76 000
76 000
Total tax
21 487
41 246
15 887
11 987
After tax
54 513
34 754
60 113
64 013
Living cost
76 266
76 266
76 266
76 266
Free-cash
-21 753
-41 512
-16 153
-12 253

Estimated living cost  is ₽76266 per week

₽49595
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6844
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽936
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18891
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

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

Source of data for Zurich model

Close
Munich , Germany
-₽8510
₽7853
₽5233
₽10222
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
4 989
income

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

-
-
-
11 995
health

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

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

-
-
-
6 894
surtax

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

-
-
-
661
total
-
-
-
24 539
Employee

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

60 646
-
76 000
-
health

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

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

6 894
-
6 894
-
surtax

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

393
-
661
-
income

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

7 131
-
11 995
-
total
14 418
-
19 550
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
15 354
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.

126
626
-
-
income
2 304
11 400
-
-
trade
2 633
13 033
-
-
chamber of commerce
174
260
-
-
total
5 237
25 319
-
-
Dividends
10 116
50 680
-
-
surtax

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

119
676
-
-
withholding
2 145
12 287
-
-
total
2 264
12 963
-
-
Income
76 000
76 000
76 000
76 000
Total tax
21 919
38 282
19 550
24 539
After tax
54 081
37 718
56 450
51 461
Living cost
46 228
46 228
46 228
46 228
Free-cash
7 853
-8 510
10 222
5 233

Estimated living cost  is ₽46228 per week

₽33763
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3698
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽601
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8167
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Munich model

Close
Nice , France
₽3779
₽9742
₽10613
₽10858
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
4 303
pensions
-
-
-
21 381
other
-
-
-
2 355
health
-
-
-
657
surtax
-
-
-
-
social contributions
-
-
-
2 166
total
-
-
-
30 862
Employee
43 189
-
57 913
-
social contributions
1 231
-
1 651
-
surtax
-
-
-
-
income
2 549
-
4 328
-
pensions
4 883
-
6 551
-
total
8 663
-
12 530
-
Employer
43 189
-
57 913
-
other
1 490
-
1 997
-
social contributions
130
-
174
-
unemployment
1 748
-
2 346
-
pensions
7 095
-
9 516
-
health
3 024
-
4 054
-
total
13 487
-
18 087
-
Corporate
19 324
76 000
-
-
surtax
-
-
-
-
income
5 410
21 279
-
-
total
5 410
21 279
-
-
Dividends
13 914
54 721
-
-
surtax
-
-
-
-
social contributions
2 392
9 412
-
-
withholding
1 781
7 005
-
-
total
4 173
16 417
-
-
Income
76 000
76 000
76 000
76 000
Total tax
31 733
37 696
30 617
30 862
After tax
44 267
38 304
45 383
45 138
Living cost
34 525
34 525
34 525
34 525
Free-cash
9 742
3 779
10 858
10 613

Estimated living cost  is ₽34525 per week

₽21770
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2807
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽588
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9362
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Nice model

Close
Marseille , France
₽7199
₽12806
₽14033
₽14278
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
4 303
pensions
-
-
-
21 381
other
-
-
-
2 355
health
-
-
-
657
surtax
-
-
-
-
social contributions
-
-
-
2 166
total
-
-
-
30 862
Employee
38 552
-
57 913
-
social contributions
1 099
-
1 651
-
surtax
-
-
-
-
income
1 988
-
4 328
-
pensions
4 360
-
6 551
-
total
7 447
-
12 530
-
Employer
38 552
-
57 913
-
other
1 331
-
1 997
-
social contributions
115
-
174
-
unemployment
1 561
-
2 346
-
pensions
6 335
-
9 516
-
health
2 698
-
4 054
-
total
12 040
-
18 087
-
Corporate
25 409
76 000
-
-
surtax
-
-
-
-
income
7 114
21 279
-
-
total
7 114
21 279
-
-
Dividends
18 294
54 721
-
-
surtax
-
-
-
-
social contributions
3 146
9 412
-
-
withholding
2 342
7 005
-
-
total
5 488
16 417
-
-
Income
76 000
76 000
76 000
76 000
Total tax
32 089
37 696
30 617
30 862
After tax
43 911
38 304
45 383
45 138
Living cost
31 105
31 105
31 105
31 105
Free-cash
12 806
7 199
14 278
14 033

Estimated living cost  is ₽31105 per week

₽18039
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3160
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽590
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9316
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Marseille model

Close
Vilnius , Lithuania
₽24970
₽25492
₽27409
₽28830
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
5 305
social contributions
-
-
-
10 488
total
-
-
-
27 193
Employee
34 215
-
76 000
-
social contributions
4 722
-
10 488
-
health
2 388
-
5 305
-
income
5 707
-
9 979
-
total
12 817
-
25 772
-
Employer
34 215
-
76 000
-
total
-
-
-
-
Corporate
41 785
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%.

2 089
3 799
-
-
total
2 089
3 799
-
-
Dividends
39 696
72 201
-
-
health
2 771
5 040
-
-
social contributions
5 479
9 964
-
-
withholding
5 954
10 829
-
-
total
14 204
25 833
-
-
Income
76 000
76 000
76 000
76 000
Total tax
29 110
29 632
25 772
27 193
After tax
46 890
46 368
50 228
48 807
Living cost
21 398
21 398
21 398
21 398
Free-cash
25 492
24 970
28 830
27 409

Estimated living cost  is ₽21398 per week

₽14320
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1319
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽492
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5264
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Vilnius model

Close
Vienna , Austria
₽7468
₽5904
₽5112
-₽9271
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
chamber of commerce
-
-
-
304
income
-
-
-
8 765
pensions
-
-
-
14 060
unemployment
-
-
-
6 189
health
-
-
-
5 814
surtax
-
-
-
199
total
-
-
-
35 331
Employee
50 431
40 215
58 861
-
other
504
402
588
-
health
1 951
1 557
2 279
-
income
5 741
2 966
8 158
-
pensions
5 165
4 117
6 026
-
unemployment
1 513
1 206
1 766
-
total
14 874
10 248
18 817
-
Employer
50 431
40 215
58 861
-
accident
655
523
766
-
other
2 396
1 909
2 796
-
chamber of commerce
201
161
236
-
unemployment
1 513
1 206
1 766
-
surtax
199
199
199
-
pensions
6 329
5 048
7 386
-
payroll
1 513
1 206
1 766
-
health
1 905
1 520
2 225
-
total
14 711
11 772
17 140
-
Corporate
10 858
24 012
55 031
-
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.

2 715
6 003
13 757
-
total
2 715
6 003
13 757
-
Dividends
8 143
18 008
-
-
withholding
2 239
4 952
-
-
total
2 239
4 952
-
-
Income
76 000
76 000
76 000
76 000
Total tax
34 539
32 975
49 714
35 331
After tax
41 461
43 025
26 286
40 669
Living cost
35 557
35 557
35 557
35 557
Free-cash
5 904
7 468
-9 271
5 112

Estimated living cost  is ₽35557 per week

₽23715
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3033
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽584
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8225
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Vienna model

Close
Brussels , Belgium
₽5922
-₽17195
₽1340
-₽5671
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
national
-
-
-
23 425
communal

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

-
-
-
3 930
social contributions
-
-
-
10 511
total
-
-
-
37 866
Employee

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

72 183
-
58 865
-
communal

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

3 765
-
3 070
-
health

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

3 391
-
2 765
-
pensions

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

5 414
-
4 414
-
unemployment

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

628
-
511
-
national
22 192
-
16 983
-
total
35 390
-
27 743
-
Employer

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

72 183
-
58 865
-
accident

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

938
-
764
-
unemployment

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

1 053
-
860
-
surtax
8 185
-
6 676
-
pensions

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

6 396
-
5 215
-
health

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

4 439
-
3 619
-
total
21 011
-
17 134
-
Corporate
-
76 000
-
-
surtax
-
304
-
-
income
-
15 199
-
-
total
-
15 503
-
-
Dividends
-
60 496
-
-
withholding

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

-
17 781
-
-
total
-
17 781
-
-
Income
76 000
76 000
76 000
76 000
Total tax
56 401
33 284
44 877
37 866
After tax
19 599
42 716
31 123
38 134
Living cost
36 794
36 794
36 794
36 794
Free-cash
-17 195
5 922
-5 671
1 340

Estimated living cost  is ₽36794 per week

₽23700
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3217
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽576
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9301
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Brussels model

Close
Barcelona , Spain
₽14821
₽6719
₽4311
₽4850
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
684
income
-
-
-
12 446
pensions
-
-
-
21 507
other
-
-
-
77
unemployment
-
-
-
532
total
-
-
-
35 246
Employee
50 231
-
57 628
-
other
50
-
57
-
income
10 598
-
12 678
-
pensions
2 361
-
2 708
-
unemployment
779
-
892
-
total
13 788
-
16 335
-
Employer
50 231
-
57 628
-
accident
994
-
1 141
-
other
400
-
462
-
unemployment
2 763
-
3 169
-
pensions
11 854
-
13 600
-
total
16 011
-
18 372
-
Corporate
9 758
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.

1 463
11 400
-
-
total
1 463
11 400
-
-
Dividends
8 294
64 600
-
-
withholding
1 576
13 336
-
-
total
1 576
13 336
-
-
Income
76 000
76 000
76 000
76 000
Total tax
32 838
24 736
34 707
35 246
After tax
43 162
51 264
41 293
40 754
Living cost
36 443
36 443
36 443
36 443
Free-cash
6 719
14 821
4 850
4 311

Estimated living cost  is ₽36443 per week

₽26837
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2585
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6496
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Barcelona model

Close
Luxembourg , Luxembourg
-₽7691
-₽9549
-₽6403
-₽5028
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
684
income
-
-
-
5 000
pensions
-
-
-
12 160
health
-
-
-
5 699
surtax
-
-
-
4 021
communal
-
-
-
-
total
-
-
-
27 564
Employee
76 419
-
67 886
-
health
3 401
-
3 022
-
surtax
4 684
-
4 161
-
income
7 381
-
5 461
-
pensions
6 113
-
5 431
-
total
21 579
-
18 075
-
Employer
76 419
-
67 886
-
accident
687
-
611
-
pensions
6 113
-
5 431
-
health
2 331
-
2 072
-
total
9 131
-
8 114
-
Corporate
-
76 000
-
-
surtax
-
799
-
-
communal
-
5 130
-
-
income
-
11 400
-
-
total
-
17 329
-
-
Dividends
-
58 671
-
-
income
-
2 722
-
-
withholding
-
8 801
-
-
total
-
11 523
-
-
Income
76 000
76 000
76 000
76 000
Total tax
30 710
28 852
26 189
27 564
After tax
45 290
47 148
49 811
48 436
Living cost
54 839
54 839
54 839
54 839
Free-cash
-9 549
-7 691
-5 028
-6 403

Estimated living cost  is ₽54839 per week

₽41138
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3323
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽580
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9797
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Luxembourg model

Close
Athens , Greece
₽25137
₽21929
₽18774
₽17093
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
12 553
pensions
-
-
-
15 199
other
-
-
-
-
unemployment
-
-
-
230
health
-
-
-
5 396
surtax
-
-
-
1 182
total
-
-
-
34 560
Employee
33 983
-
62 785
-
other
-
-
-
-
health
867
-
1 601
-
surtax
121
-
1 053
-
income
5 697
-
11 814
-
pensions
2 267
-
4 188
-
unemployment
2 365
-
4 370
-
total
11 317
-
23 026
-
Employer
33 983
-
62 785
-
other
-
-
-
-
unemployment
1 078
-
1 990
-
pensions
4 531
-
8 368
-
health
1 545
-
2 857
-
total
7 154
-
13 215
-
Corporate
34 862
76 000
-
-
income
9 064
19 761
-
-
total
9 064
19 761
-
-
Dividends
25 799
56 239
-
-
withholding
3 870
8 436
-
-
total
3 870
8 436
-
-
Income
76 000
76 000
76 000
76 000
Total tax
31 405
28 197
36 241
34 560
After tax
44 595
47 803
39 759
41 440
Living cost
22 666
22 666
22 666
22 666
Free-cash
21 929
25 137
17 093
18 774

Estimated living cost  is ₽22666 per week

₽13684
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1971
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽527
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6486
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Athens model

Close
Naples , Italy
₽12766
₽10523
₽13268
₽9316
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 000
municipal
-
-
-
452
regional
-
-
-
1 146
national
-
-
-
14 405
social contributions
-
-
-
19 546
total
-
-
-
35 549
Employee
55 977
-
76 000
-
social contributions
18 876
-
25 626
-
regional
754
-
1 022
-
municipal
297
-
402
-
national
8 868
-
12 451
-
total
28 795
-
39 501
-
Employer
55 977
-
76 000
-
total
-
-
-
-
Corporate
20 023
76 000
-
-
nationa
4 805
18 240
-
-
municipal
996
3 776
-
-
total
5 801
22 016
-
-
Dividends
14 222
53 983
-
-
withholding
3 698
14 035
-
-
total
3 698
14 035
-
-
Income
76 000
76 000
76 000
76 000
Total tax
38 294
36 051
39 501
35 549
After tax
37 706
39 949
36 499
40 451
Living cost
27 183
27 183
27 183
27 183
Free-cash
10 523
12 766
9 316
13 268

Estimated living cost  is ₽27183 per week

₽16906
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2754
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽465
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7059
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Naples model

Close
Prague , Czech Republic
₽22546
₽11922
₽7236
₽8787
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
10 260
solidarity contribution
-
-
-
-
social contributions
-
-
-
22 192
total
-
-
-
38 984
Employee
43 794
-
56 716
-
social contributions
2 847
-
3 687
-
health
5 912
-
7 657
-
solidarity contribution
-
-
-
-
income
5 255
-
6 806
-
total
14 014
-
18 150
-
Employer
43 794
-
56 716
-
social contributions
10 949
-
14 179
-
health
3 941
-
5 104
-
total
14 890
-
19 283
-
Corporate
17 316
76 000
-
-
income
3 290
14 440
-
-
total
3 290
14 440
-
-
Dividends
14 026
61 560
-
-
withholding
2 104
9 234
-
-
total
2 104
9 234
-
-
Income
76 000
76 000
76 000
76 000
Total tax
34 298
23 674
37 433
38 984
After tax
41 702
52 326
38 567
37 016
Living cost
29 780
29 780
29 780
29 780
Free-cash
11 922
22 546
8 787
7 236

Estimated living cost  is ₽29780 per week

₽22146
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1650
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽515
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5469
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Prague model

Close
Graz , Austria
₽10938
₽10439
₽8674
-₽5861
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
chamber of commerce
-
-
-
304
income
-
-
-
8 765
pensions
-
-
-
14 060
unemployment
-
-
-
6 189
health
-
-
-
5 814
surtax
-
-
-
-
total
-
-
-
35 132
Employee
44 111
40 215
59 012
-
other
440
402
590
-
health
1 706
1 557
2 285
-
income
3 930
2 966
8 200
-
pensions
4 517
4 117
6 044
-
unemployment
1 323
1 206
1 769
-
total
11 916
10 248
18 888
-
Employer
44 111
40 215
59 012
-
accident
573
523
768
-
other
2 095
1 909
2 804
-
chamber of commerce
176
161
236
-
unemployment
1 323
1 206
1 769
-
surtax
-
-
-
-
pensions
5 536
5 048
7 405
-
payroll
1 323
1 206
1 769
-
health
1 668
1 520
2 231
-
total
12 694
11 573
16 982
-
Corporate
19 194
24 211
55 188
-
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.

4 799
6 053
13 797
-
total
4 799
6 053
13 797
-
Dividends
14 395
18 158
-
-
withholding
3 958
4 994
-
-
total
3 958
4 994
-
-
Income
76 000
76 000
76 000
76 000
Total tax
33 367
32 868
49 667
35 132
After tax
42 633
43 132
26 333
40 868
Living cost
32 194
32 194
32 194
32 194
Free-cash
10 439
10 938
-5 861
8 674

Estimated living cost  is ₽32194 per week

₽19313
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3288
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽574
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9020
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Graz model

Close
Tbilisi , Georgia
₽58051
₽55399
₽61091
₽46651
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
17 686
-
76 000
-
income
3 537
-
15 200
-
total
3 537
-
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%.

58 314
76 000
-
-
total
-
-
-
-
Dividends
58 314
76 000
-
-
withholding
2 915
3 800
-
-
total
2 915
3 800
-
-
Income
76 000
76 000
76 000
76 000
Total tax
6 452
3 800
15 200
760
After tax
69 548
72 200
60 800
75 240
Living cost
14 149
14 149
14 149
14 149
Free-cash
55 399
58 051
46 651
61 091

Estimated living cost  is ₽14149 per week

₽9574
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽594
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽474
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3505
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Tbilisi model

Close
Ljubljana , Slovenia
₽25258
₽16818
₽13343
₽11168
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
14 115
pensions
-
-
-
13 880
unemployment
-
-
-
115
health
-
-
-
7 480
total
-
-
-
35 590
Employee

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

44 623
-
65 761
-
health
2 882
-
4 247
-
income
7 695
-
12 993
-
pensions
6 917
-
10 193
-
unemployment
63
-
92
-
total
17 557
-
27 525
-
Employer

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

44 623
-
65 761
-
unemployment
27
-
40
-
pensions
3 949
-
5 820
-
health
2 972
-
4 380
-
total
6 948
-
10 240
-
Corporate
24 429
76 000
-
-
income
4 642
14 441
-
-
total
4 642
14 441
-
-
Dividends
19 787
61 559
-
-
withholding
2 968
9 234
-
-
total
2 968
9 234
-
-
Income
76 000
76 000
76 000
76 000
Total tax
32 115
23 675
37 765
35 590
After tax
43 885
52 325
38 235
40 410
Living cost
27 067
27 067
27 067
27 067
Free-cash
16 818
25 258
11 168
13 343

Estimated living cost  is ₽27067 per week

₽18575
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1735
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6233
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Ljubljana model

Close
Oslo , Norway
₽2673
-₽74543
₽8957
₽19152
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
62 466
-
-
-
social contributions
5 122
-
730
-
income
13 779
-
-
-
total
18 901
-
730
-
Employer
62 466
-
-
-
social contributions
88 077
-
12 553
-
total
88 077
-
12 553
-
Corporate
-
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
106 978
29 762
13 283
23 478
After tax
-30 978
46 238
62 717
52 522
Living cost
43 565
43 565
43 565
43 565
Free-cash
-74 543
2 673
19 152
8 957

Estimated living cost  is ₽43565 per week

₽28267
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4097
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽555
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10646
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Oslo model

Close
Lisbon , Portugal
₽11575
₽10558
₽11500
₽8541
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
6 437
surtax
-
-
-
-
social contributions

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

-
-
-
26 410
total
-
-
-
32 847
Employee
46 411
-
61 414
-
social contributions
5 105
-
6 756
-
surtax
-
-
-
-
income
9 654
-
14 464
-
total
14 759
-
21 220
-
Employer
46 411
-
61 414
-
social contributions
11 023
-
14 586
-
total
11 023
-
14 586
-
Corporate
18 566
76 000
-
-
surtax
-
-
-
-
income
3 899
15 960
-
-
total
3 899
15 960
-
-
Dividends
14 667
60 040
-
-
withholding
4 108
16 812
-
-
total
4 108
16 812
-
-
Income
76 000
76 000
76 000
76 000
Total tax
33 789
32 772
35 806
32 847
After tax
42 211
43 228
40 194
43 153
Living cost
31 653
31 653
31 653
31 653
Free-cash
10 558
11 575
8 541
11 500

Estimated living cost  is ₽31653 per week

₽23683
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1867
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽529
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5575
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Lisbon model

Close
Paris , France
-₽10435
-₽6943
-₽3601
-₽3356
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
4 303
pensions
-
-
-
21 381
other
-
-
-
2 355
health
-
-
-
657
surtax
-
-
-
-
social contributions
-
-
-
2 166
total
-
-
-
30 862
Employee
63 203
-
57 913
-
social contributions
1 800
-
1 651
-
surtax
-
-
-
-
income
5 515
-
4 328
-
pensions
7 149
-
6 551
-
total
14 464
-
12 530
-
Employer
63 203
-
57 913
-
other
2 181
-
1 997
-
social contributions
190
-
174
-
unemployment
2 560
-
2 346
-
pensions
10 385
-
9 516
-
health
4 424
-
4 054
-
total
19 740
-
18 087
-
Corporate
-
76 000
-
-
surtax
-
-
-
-
income
-
21 279
-
-
total
-
21 279
-
-
Dividends
-
54 721
-
-
surtax
-
-
-
-
social contributions
-
9 412
-
-
withholding
-
7 005
-
-
total
-
16 417
-
-
Income
76 000
76 000
76 000
76 000
Total tax
34 204
37 696
30 617
30 862
After tax
41 796
38 304
45 383
45 138
Living cost
48 739
48 739
48 739
48 739
Free-cash
-6 943
-10 435
-3 356
-3 601

Estimated living cost  is ₽48739 per week

₽32986
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3987
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽668
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11097
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Paris model

Close
Andorra , Andorra
₽38065
₽34676
₽28280
₽30412
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
666
social contributions
-
-
-
16 720
total
-
-
-
17 386
Employee
32 442
-
65 801
-
income
-
-
777
-
social contributions
2 108
-
4 278
-
total
2 108
-
5 055
-
Employer
32 442
-
65 801
-
social contributions
5 029
-
10 199
-
total
5 029
-
10 199
-
Corporate
38 529
76 000
-
-
income
3 853
7 601
-
-
total
3 853
7 601
-
-
Dividends
34 676
68 399
-
-
total
-
-
-
-
Income
76 000
76 000
76 000
76 000
Total tax
10 990
7 601
15 254
17 386
After tax
65 010
68 399
60 746
58 614
Living cost
30 334
30 334
30 334
30 334
Free-cash
34 676
38 065
30 412
28 280

Estimated living cost  is ₽30334 per week

₽19613
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2286
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽571
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7863
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Andorra model

Close
Copenhagen , Denmark
-₽143958
-₽143958
-₽448
-₽143958
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 000
municipal
-
-
-
13 263
pensions
-
-
-
875
national
-
-
-
7 680
labour market
-
-
-
6 010
total
-
-
-
27 828
Employee
205 213
205 213
205 213
-
labour market
16 394
16 394
16 394
-
national
25 070
25 070
25 070
-
municipal
43 699
43 699
43 699
-
pensions
292
292
292
-
total
85 455
85 455
85 455
-
Employer
205 213
205 213
205 213
-
labour market
16 417
16 417
16 417
-
municipal
43 769
43 769
43 769
-
pensions
583
583
583
-
national
25 114
25 114
25 114
-
total
85 883
85 883
85 883
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
76 000
76 000
76 000
76 000
Total tax
171 338
171 338
171 338
27 828
After tax
-95 338
-95 338
-95 338
48 172
Living cost
48 620
48 620
48 620
48 620
Free-cash
-143 958
-143 958
-143 958
-448

Estimated living cost  is ₽48620 per week

₽33276
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4301
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽748
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10295
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Copenhagen model

Close
Krakow , Poland
-₽15589
₽2821
₽30572
₽16824
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
253
income
-
-
-
16 696
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
23 683
Employee
34 207
-
63 133
-
health
3 917
-
7 229
-
income
4 693
-
10 227
-
pensions
3 852
-
7 109
-
total
12 462
-
24 565
-
Employer
34 207
-
63 133
-
accident
571
-
1 054
-
unemployment
838
-
1 547
-
pensions
5 562
-
10 265
-
total
6 971
-
12 866
-
Corporate
34 822
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.

31 339
68 400
-
-
total
31 339
68 400
-
-
Dividends
3 482
7 600
-
-
withholding
662
1 444
-
-
total
662
1 444
-
-
Income
76 000
76 000
76 000
76 000
Total tax
51 434
69 844
37 431
23 683
After tax
24 566
6 156
38 569
52 317
Living cost
21 745
21 745
21 745
21 745
Free-cash
2 821
-15 589
16 824
30 572

Estimated living cost  is ₽21745 per week

₽15828
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1240
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽408
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4269
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Krakow model

Close
Helsinki , Finland
₽13136
₽8920
₽17691
₽6585
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
13 545
health
-
-
-
749
national
-
-
-
5 272
total
-
-
-
19 566
Employee
53 092
-
63 936
-
health
396
-
563
-
municipal
8 696
-
10 458
-
pensions
3 583
-
4 316
-
unemployment
797
-
959
-
national
877
-
2 311
-
total
14 349
-
18 607
-
Employer
53 092
-
63 936
-
accident
54
-
63
-
unemployment
345
-
416
-
pensions
9 211
-
11 094
-
health
408
-
492
-
total
10 018
-
12 065
-
Corporate
12 891
76 000
-
-
income
2 578
15 199
-
-
total
2 578
15 199
-
-
Dividends

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

7 735
45 601
-
-
national
-
714
-
-
municipal
1 392
8 208
-
-
total
1 392
8 922
-
-
Income
76 000
76 000
76 000
76 000
Total tax
28 337
24 121
30 672
19 566
After tax
47 663
51 879
45 328
56 434
Living cost
38 743
38 743
38 743
38 743
Free-cash
8 920
13 136
6 585
17 691

Estimated living cost  is ₽38743 per week

₽25307
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3727
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽617
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9094
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Helsinki model

Close
Larnaca , Cyprus
₽29818
₽26920
₽33440
₽31293
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
5 402
health
-
-
-
1 938
social contributions
-
-
-
11 856
total
-
-
-
19 196
Employee
77 596
77 596
77 596
-
social contributions
2 934
6 440
5 726
-
health
601
1 319
1 174
-
income
8 449
7 183
7 440
-
total
11 984
14 942
14 340
-
Employer
77 596
77 596
77 596
-
social contributions
2 934
6 440
5 726
-
health
653
1 436
1 277
-
total
3 587
7 876
7 003
-
Corporate
37 065
-
-
-
income
4 632
-
-
-
total
4 632
-
-
-
Dividends
32 433
-
-
-
withholding
5 513
-
-
-
total
5 513
-
-
-
Income
76 000
76 000
76 000
76 000
Total tax
25 716
22 818
21 343
19 196
After tax
50 284
53 182
54 657
56 804
Living cost
23 364
23 364
23 364
23 364
Free-cash
26 920
29 818
31 293
33 440

Estimated living cost  is ₽23364 per week

₽14002
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2292
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽517
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6553
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Larnaca model

Close
Podgorica , Montenegro
₽46914
₽41779
₽42986
₽30941
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
6 892
pensions
-
-
-
6 419
unemployment
-
-
-
29
health
-
-
-
3 652
total
-
-
-
16 992
Employee

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

23 163
-
68 903
-
health
1 969
-
5 856
-
income
1 584
-
5 404
-
pensions
3 474
-
10 335
-
unemployment
115
-
345
-
total
7 142
-
21 940
-
Employer

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

23 163
-
68 903
-
unemployment
115
-
345
-
pensions
1 273
-
3 790
-
health
996
-
2 962
-
total
2 384
-
7 097
-
Corporate
50 453
76 000
-
-
income
4 540
6 840
-
-
total
4 540
6 840
-
-
Dividends
45 913
69 160
-
-
withholding
4 133
6 224
-
-
total
4 133
6 224
-
-
Income
76 000
76 000
76 000
76 000
Total tax
18 199
13 064
29 037
16 992
After tax
57 801
62 936
46 963
59 008
Living cost
16 022
16 022
16 022
16 022
Free-cash
41 779
46 914
30 941
42 986

Estimated living cost  is ₽16022 per week

₽10222
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1155
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4167
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Podgorica model

Close
Valencia , Spain
₽23514
₽18220
₽13004
₽13543
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
684
income
-
-
-
12 446
pensions
-
-
-
21 507
other
-
-
-
77
unemployment
-
-
-
532
total
-
-
-
35 246
Employee
37 313
-
57 628
-
other
36
-
57
-
income
7 194
-
12 678
-
pensions
1 754
-
2 708
-
unemployment
578
-
892
-
total
9 562
-
16 335
-
Employer
37 313
-
57 628
-
accident
739
-
1 141
-
other
299
-
462
-
unemployment
2 053
-
3 169
-
pensions
8 805
-
13 600
-
total
11 896
-
18 372
-
Corporate
26 791
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.

4 020
11 400
-
-
total
4 020
11 400
-
-
Dividends
22 772
64 600
-
-
withholding
4 552
13 336
-
-
total
4 552
13 336
-
-
Income
76 000
76 000
76 000
76 000
Total tax
30 030
24 736
34 707
35 246
After tax
45 970
51 264
41 293
40 754
Living cost
27 750
27 750
27 750
27 750
Free-cash
18 220
23 514
13 543
13 004

Estimated living cost  is ₽27750 per week

₽18730
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2668
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5866
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Valencia model

Close
Istanbul , Turkey
₽44668
₽44214
₽45025
₽44828
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
24 751
pensions
-
-
-
2 010
health
-
-
-
1 458
total
-
-
-
28 219
Employee
4 198
-
73 738
-
health
210
-
503
-
income
812
-
24 645
-
pensions
378
-
905
-
unemployment
42
-
101
-
total
1 442
-
26 154
-
Employer
4 198
-
73 738
-
unemployment
84
-
201
-
pensions
462
-
1 106
-
health
399
-
955
-
total
945
-
2 262
-
Corporate
70 858
76 000
-
-
income
15 589
16 720
-
-
total
15 589
16 720
-
-
Dividends
55 269
59 280
-
-
withholding
11 054
11 856
-
-
total
11 054
11 856
-
-
Income
76 000
76 000
76 000
76 000
Total tax
29 030
28 576
28 416
28 219
After tax
46 970
47 424
47 584
47 781
Living cost
2 756
2 756
2 756
2 756
Free-cash
44 214
44 668
44 828
45 025

Estimated living cost  is ₽2756 per week

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

Source of data for Istanbul model

Close
Belgrade , Serbia
₽37457
₽32492
₽19739
₽22227
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
10 615
pensions
-
-
-
19 392
unemployment
-
-
-
1 119
health
-
-
-
7 682
total
-
-
-
38 808
Employee

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

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

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

26 319
-
64 461
-
health
1 355
-
3 320
-
income
3 628
-
11 954
-
pensions
3 685
-
9 025
-
unemployment
197
-
483
-
total
8 865
-
24 782
-
Employer

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

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

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

26 319
-
64 461
-
unemployment
197
-
483
-
pensions
3 158
-
7 735
-
health
1 355
-
3 320
-
total
4 710
-
11 538
-
Corporate
44 970
76 000
-
-
income
6 746
11 400
-
-
total
6 746
11 400
-
-
Dividends
38 225
64 600
-
-
withholding
5 734
9 690
-
-
total
5 734
9 690
-
-
Income
76 000
76 000
76 000
76 000
Total tax
26 055
21 090
36 320
38 808
After tax
49 945
54 910
39 680
37 192
Living cost
17 453
17 453
17 453
17 453
Free-cash
32 492
37 457
22 227
19 739

Estimated living cost  is ₽17453 per week

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

Source of data for Belgrade model

Close
Porto , Portugal
₽16023
₽15661
₽15948
₽12989
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
6 437
surtax
-
-
-
-
social contributions

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

-
-
-
26 410
total
-
-
-
32 847
Employee
39 166
-
61 414
-
social contributions
4 309
-
6 756
-
surtax
-
-
-
-
income
7 653
-
14 464
-
total
11 962
-
21 220
-
Employer
39 166
-
61 414
-
social contributions
9 301
-
14 586
-
total
9 301
-
14 586
-
Corporate
27 533
76 000
-
-
surtax
-
-
-
-
income
5 781
15 960
-
-
total
5 781
15 960
-
-
Dividends
21 752
60 040
-
-
withholding
6 090
16 812
-
-
total
6 090
16 812
-
-
Income
76 000
76 000
76 000
76 000
Total tax
33 134
32 772
35 806
32 847
After tax
42 866
43 228
40 194
43 153
Living cost
27 205
27 205
27 205
27 205
Free-cash
15 661
16 023
12 989
15 948

Estimated living cost  is ₽27205 per week

₽19269
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1890
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽483
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5565
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Porto model

Close
Madrid , Spain
₽15799
₽8071
₽5289
₽5828
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
684
income
-
-
-
12 446
pensions
-
-
-
21 507
other
-
-
-
77
unemployment
-
-
-
532
total
-
-
-
35 246
Employee
48 736
-
57 628
-
other
48
-
57
-
income
10 179
-
12 678
-
pensions
2 290
-
2 708
-
unemployment
755
-
892
-
total
13 272
-
16 335
-
Employer
48 736
-
57 628
-
accident
965
-
1 141
-
other
391
-
462
-
unemployment
2 681
-
3 169
-
pensions
11 501
-
13 600
-
total
15 538
-
18 372
-
Corporate
11 726
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.

1 760
11 400
-
-
total
1 760
11 400
-
-
Dividends
9 966
64 600
-
-
withholding
1 894
13 336
-
-
total
1 894
13 336
-
-
Income
76 000
76 000
76 000
76 000
Total tax
32 464
24 736
34 707
35 246
After tax
43 536
51 264
41 293
40 754
Living cost
35 465
35 465
35 465
35 465
Free-cash
8 071
15 799
5 828
5 289

Estimated living cost  is ₽35465 per week

₽25469
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2758
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽500
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6739
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Madrid model

Close
Sofia , Bulgaria
₽47609
₽41455
₽37812
₽39693
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions

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

-
-
-
5 220
unemployment
-
-
-
141
health
-
-
-
4 056
total
-
-
-
20 817
Employee
23 001
-
69 080
-
health
1 058
-
1 622
-
accident

We are using the highest rate at 1.1%.

253
-
388
-
income
2 300
-
6 908
-
pensions

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

2 019
-
3 097
-
total
5 630
-
12 015
-
Employer
23 001
-
69 080
-
accident

We are using the highest rate at 1.1%.

253
-
388
-
unemployment
138
-
212
-
pensions

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

2 535
-
3 887
-
health
1 587
-
2 434
-
total
4 513
-
6 921
-
Corporate
48 486
76 000
-
-
income
4 849
7 600
-
-
total
4 849
7 600
-
-
Dividends
43 637
68 400
-
-
withholding
2 182
3 420
-
-
total
2 182
3 420
-
-
Income
76 000
76 000
76 000
76 000
Total tax
17 174
11 020
18 936
20 817
After tax
58 826
64 980
57 064
55 183
Living cost
17 371
17 371
17 371
17 371
Free-cash
41 455
47 609
39 693
37 812

Estimated living cost  is ₽17371 per week

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

Source of data for Sofia model

Close
Berlin , Germany
₽323
₽13521
₽13318
₽17491
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
4 173
income

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

-
-
-
11 995
health

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

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

-
-
-
6 894
surtax

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

-
-
-
661
total
-
-
-
23 723
Employee

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

50 210
-
76 000
-
health

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

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

6 894
-
6 894
-
surtax

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

228
-
661
-
income

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

4 129
-
11 995
-
total
11 251
-
19 550
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
25 790
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.

213
626
-
-
income
3 868
11 400
-
-
trade
3 702
10 906
-
-
chamber of commerce
191
264
-
-
total
7 974
23 196
-
-
Dividends
17 816
52 804
-
-
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.

224
705
-
-
withholding
4 071
12 817
-
-
total
4 295
13 522
-
-
Income
76 000
76 000
76 000
76 000
Total tax
23 520
36 718
19 550
23 723
After tax
52 480
39 282
56 450
52 277
Living cost
38 959
38 959
38 959
38 959
Free-cash
13 521
323
17 491
13 318

Estimated living cost  is ₽38959 per week

₽26875
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4192
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽565
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7327
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Berlin model

Close
Dublin , Ireland
-₽4284
-₽2937
-₽1439
-₽1439
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
13 721
social contributions
-
-
-
6 234
total
-
-
-
19 955
Employee
78 935
-
76 000
-
income
14 895
-
13 721
-
social contributions
6 558
-
6 234
-
total
21 453
-
19 955
-
Employer
78 935
-
76 000
-
total
-
-
-
-
Corporate
-
76 000
-
-
income
-
9 500
-
-
total
-
9 500
-
-
Dividends
-
66 500
-
-
withholding
-
13 300
-
-
total
-
13 300
-
-
Income
76 000
76 000
76 000
76 000
Total tax
21 453
22 800
19 955
19 955
After tax
54 547
53 200
56 045
56 045
Living cost
57 484
57 484
57 484
57 484
Free-cash
-2 937
-4 284
-1 439
-1 439

Estimated living cost  is ₽57484 per week

₽43733
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4684
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽550
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8518
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Dublin model

Close
Sliema , Malta
₽7439
₽13284
₽3903
₽18796
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
28 725
health

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

-
-
-
6 741
total
-
-
-
35 466
Employee
46 292
-
71 358
-
income
5 023
-
11 289
-
social contributions
4 638
-
4 642
-
total
9 661
-
15 931
-
Employer
46 292
-
71 358
-
social contributions
4 638
-
4 642
-
total
4 638
-
4 642
-
Corporate
25 070
76 000
-
-
income
8 774
26 599
-
-
total
8 774
26 599
-
-
Dividends
16 295
49 401
-
-
social contributions
3 012
5 331
-
-
total
3 012
5 331
-
-
Income
76 000
76 000
76 000
76 000
Total tax
26 085
31 930
20 573
35 466
After tax
49 915
44 070
55 427
40 534
Living cost
36 631
36 631
36 631
36 631
Free-cash
13 284
7 439
18 796
3 903

Estimated living cost  is ₽36631 per week

₽24129
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2888
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽561
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9052
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Sliema model

Close
Edinburgh , United Kingdom
₽19331
₽13618
₽19068
₽10800
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
14 170
pensions
-
-
-
5 149
total
-
-
-
19 319
Employee
51 629
-
67 336
-
health
673
-
995
-
income
9 402
-
12 103
-
pensions
3 941
-
5 825
-
total
14 016
-
18 923
-
Employer
51 629
-
67 336
-
pensions
5 216
-
7 384
-
health
981
-
1 280
-
total
6 197
-
8 664
-
Corporate
18 174
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.

3 452
14 440
-
-
total
3 452
14 440
-
-
Dividends
14 722
61 560
-
-
withholding
1 104
4 616
-
-
total
1 104
4 616
-
-
Income
76 000
76 000
76 000
76 000
Total tax
24 769
19 056
27 587
19 319
After tax
51 231
56 944
48 413
56 681
Living cost
37 613
37 613
37 613
37 613
Free-cash
13 618
19 331
10 800
19 068

Estimated living cost  is ₽37613 per week

₽25802
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3459
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽471
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7879
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

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

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

Source of data for Edinburgh model

Close
Warsaw , Poland
-₽17742
₽2492
₽28419
₽14671
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
253
income
-
-
-
16 696
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
23 683
Employee
37 593
-
63 133
-
health
4 304
-
7 229
-
income
5 157
-
10 227
-
pensions
4 233
-
7 109
-
total
13 694
-
24 565
-
Employer
37 593
-
63 133
-
accident
628
-
1 054
-
unemployment
921
-
1 547
-
pensions
6 112
-
10 265
-
total
7 661
-
12 866
-
Corporate
30 746
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.

27 671
68 400
-
-
total
27 671
68 400
-
-
Dividends
3 075
7 600
-
-
withholding
584
1 444
-
-
total
584
1 444
-
-
Income
76 000
76 000
76 000
76 000
Total tax
49 610
69 844
37 431
23 683
After tax
26 390
6 156
38 569
52 317
Living cost
23 898
23 898
23 898
23 898
Free-cash
2 492
-17 742
14 671
28 419

Estimated living cost  is ₽23898 per week

₽17539
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1393
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽481
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4485
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Warsaw model

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Skopje , Macedonia
₽50969
₽46062
₽30478
₽30478
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
work injury
-
-
-
380
health insurance
-
-
-
5 624
income
-
-
-
10 991
pensions
-
-
-
13 984
unemployment
-
-
-
912
total
-
-
-
31 891
Employee

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

21 810
-
76 000
-
work injury
109
-
380
-
income
2 181
-
10 991
-
pensions
4 013
-
13 984
-
health insurance
1 614
-
5 624
-
unemployment
262
-
912
-
total
8 179
-
31 891
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
54 190
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
54 190
76 000
-
-
withholding
8 128
11 400
-
-
total
8 128
11 400
-
-
Income
76 000
76 000
76 000
76 000
Total tax
16 307
11 400
31 891
31 891
After tax
59 693
64 600
44 109
44 109
Living cost
13 631
13 631
13 631
13 631
Free-cash
46 062
50 969
30 478
30 478

Estimated living cost  is ₽13631 per week

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

Source of data for Skopje model

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Rome , Italy
-₽170
-₽9035
₽53
-₽3821
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 000
municipal
-
-
-
507
regional
-
-
-
1 288
national
-
-
-
14 405
social contributions
-
-
-
19 546
total
-
-
-
35 746
Employee
85 034
-
76 000
-
social contributions
28 673
-
25 626
-
regional
1 284
-
1 089
-
municipal
507
-
454
-
national
14 370
-
12 451
-
total
44 834
-
39 620
-
Employer
85 034
-
76 000
-
total
-
-
-
-
Corporate
-
76 000
-
-
nationa
-
18 240
-
-
municipal
-
3 663
-
-
total
-
21 903
-
-
Dividends
-
54 096
-
-
withholding
-
14 066
-
-
total
-
14 066
-
-
Income
76 000
76 000
76 000
76 000
Total tax
44 834
35 969
39 620
35 746
After tax
31 166
40 031
36 380
40 254
Living cost
40 201
40 201
40 201
40 201
Free-cash
-9 035
-170
-3 821
53

Estimated living cost  is ₽40201 per week

₽28238
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2765
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽607
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8589
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rome model

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