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
₽9941
₽27402
₽22331
₽20363
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
76 000
income

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

-
-
-
12 914
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.

-
-
-
710
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.

-
-
-
6 437
trade
-
-
-
5 071
total
-
-
-
25 132
Employee

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

36 036
-
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.

55
-
710
-
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.

1 007
-
12 914
-
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.

6 437
-
6 437
-
total
7 499
-
20 061
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
39 964
76 000
-
-
income
5 995
11 400
-
-
surtax

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

329
628
-
-
chamber of commerce
200
252
-
-
trade
6 294
11 970
-
-
total
12 818
24 250
-
-
Dividends
27 146
51 750
-
-
surtax

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

354
692
-
-
withholding
6 429
12 580
-
-
total
6 783
13 272
-
-
Income
76 000
76 000
76 000
76 000
Total tax
27 100
37 522
20 061
25 132
After tax
48 900
38 478
55 939
50 868
Living cost
28 537
28 537
28 537
28 537
Free-cash
20 363
9 941
27 402
22 331

Estimated living cost  is ₽28537 per week

₽17951
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3327
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽533
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6726
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽2746
-₽2963
-₽3558
-₽8831
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 000
social contributions
-
-
-
817
municipal
-
-
-
7 629
national
-
-
-
11 822
pensions
-
-
-
9 120
total
-
-
-
29 388
Employee
77 774
-
65 701
-
municipal
9 606
-
7 924
-
pensions
3 111
-
2 628
-
national
14 886
-
12 278
-
total
27 603
-
22 830
-
Employer
77 774
-
65 701
-
pensions
6 222
-
5 256
-
social contributions
836
-
706
-
total
7 058
-
5 962
-
Corporate
-
76 000
-
-
income

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

-
15 200
-
-
total
-
15 200
-
-
Dividends
-
60 800
-
-
withholding
-
13 376
-
-
total
-
13 376
-
-
Income
76 000
76 000
76 000
76 000
Total tax
34 661
28 576
28 792
29 388
After tax
41 339
47 424
47 208
46 612
Living cost
50 170
50 170
50 170
50 170
Free-cash
-8 831
-2 746
-2 963
-3 558

Estimated living cost  is ₽50170 per week

₽34100
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4664
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽751
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10655
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽41200
₽23444
₽21177
₽33470
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

As of 1 January, 2018 a microenterprise tax rate for microenterprise turnover of up to €40,000 is 15%. This tax is inclusive of all other taxes and contributions.

Microenterprise tax could also be applied to a company but as the only exception is a limitation of liability, we advise to register as a sole-trader.

-
-
-
76 000
income
-
-
-
10 788
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.

-
-
-
24 434
microenterprise
-
-
-
-
total
-
-
-
35 222
Employee
27 531
-
61 246
-
surtax
-
-
-
-
social contributions

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

3 029
-
6 737
-
income
4 901
-
11 464
-
total
7 930
-
18 201
-
Employer
27 531
-
61 246
-
social contributions

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

6 631
-
14 754
-
surtax
-
-
-
-
total
6 631
-
14 754
-
Corporate
41 838
76 000
-
-
income

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

8 368
15 199
-
-
total
8 368
15 199
-
-
Dividends

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

33 471
60 801
-
-
total
-
-
-
-
Income
76 000
76 000
76 000
76 000
Total tax
22 929
15 199
32 955
35 222
After tax
53 071
60 801
43 045
40 778
Living cost
19 601
19 601
19 601
19 601
Free-cash
33 470
41 200
23 444
21 177

Estimated living cost  is ₽19601 per week

₽12505
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.
₽445
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4785
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽12271
-₽17559
₽3771
-₽17559
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
11 471
health
-
-
-
10 250
pensions
-
-
-
11 039
total
-
-
-
32 760
Employee
80 457
80 457
80 457
-
pensions
14 482
11 039
14 482
-
income

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

13 170
13 170
13 170
-
health
12 349
10 504
12 349
-
total
40 001
34 713
40 001
-
Employer
80 457
80 457
80 457
-
health
5 593
5 593
5 593
-
pensions
5 600
5 600
5 600
-
unemployment
2 896
2 896
2 896
-
total
14 089
14 089
14 089
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
76 000
76 000
76 000
76 000
Total tax
54 090
48 802
54 090
32 760
After tax
21 910
27 198
21 910
43 240
Living cost
39 469
39 469
39 469
39 469
Free-cash
-17 559
-12 271
-17 559
3 771

Estimated living cost  is ₽39469 per week

₽27970
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3558
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽628
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7313
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽3876
₽2964
₽266
₽3031
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 000
accident
-
-
-
152
other
-
-
-
8 831
unemployment
-
-
-
76
health
-
-
-
4 742
municipal
-
-
-
16 098
national
-
-
-
-
pensions
-
-
-
8 215
total
-
-
-
38 114
Employee
53 604
-
57 830
-
municipal
15 985
-
17 245
-
national
-
-
-
-
total
15 985
-
17 245
-
Employer
53 604
-
57 830
-
health
3 297
-
3 557
-
pensions
5 795
-
6 251
-
accident
107
-
116
-
unemployment
1 415
-
1 527
-
other
6 229
-
6 720
-
total
16 843
-
18 171
-
Corporate
5 553
76 000
-
-
income
1 222
16 720
-
-
total
1 222
16 720
-
-
Dividends
4 331
59 280
-
-
withholding
1 299
17 784
-
-
total
1 299
17 784
-
-
Income
76 000
76 000
76 000
76 000
Total tax
35 349
34 504
35 416
38 114
After tax
40 651
41 496
40 584
37 886
Living cost
37 620
37 620
37 620
37 620
Free-cash
3 031
3 876
2 964
266

Estimated living cost  is ₽37620 per week

₽24933
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3692
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.
₽8424
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽1076
₽18927
₽13631
₽14316
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
76 000
income

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

-
-
-
12 914
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.

-
-
-
710
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.

-
-
-
6 437
trade
-
-
-
5 296
total
-
-
-
25 357
Employee

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

47 779
-
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.

225
-
710
-
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.

4 105
-
12 914
-
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.

6 437
-
6 437
-
total
10 767
-
20 061
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
28 221
76 000
-
-
income
4 234
11 400
-
-
surtax

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

232
628
-
-
chamber of commerce
182
250
-
-
trade
4 641
12 501
-
-
total
9 289
24 779
-
-
Dividends
18 931
51 221
-
-
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
685
-
-
withholding
4 375
12 448
-
-
total
4 616
13 133
-
-
Income
76 000
76 000
76 000
76 000
Total tax
24 672
37 912
20 061
25 357
After tax
51 328
38 088
55 939
50 643
Living cost
37 012
37 012
37 012
37 012
Free-cash
14 316
1 076
18 927
13 631

Estimated living cost  is ₽37012 per week

₽24754
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3903
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽552
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7803
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽24135
₽24729
₽25572
₽21270
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
6 075
social contributions
-
-
-
11 856
health
-
-
-
1 938
total
-
-
-
19 869
Employee
72 448
72 448
72 448
-
social contributions
3 520
6 013
5 727
-
income
7 608
6 707
6 808
-
health
721
1 232
1 173
-
total
11 849
13 952
13 708
-
Employer
72 448
72 448
72 448
-
health
785
1 341
1 277
-
social contributions
3 520
6 013
5 727
-
total
4 305
7 354
7 004
-
Corporate
29 287
-
-
-
income
3 662
-
-
-
total
3 662
-
-
-
Dividends
25 625
-
-
-
withholding
4 355
-
-
-
total
4 355
-
-
-
Income
76 000
76 000
76 000
76 000
Total tax
24 171
21 306
20 712
19 869
After tax
51 829
54 694
55 288
56 131
Living cost
30 559
30 559
30 559
30 559
Free-cash
21 270
24 135
24 729
25 572

Estimated living cost  is ₽30559 per week

₽20890
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2387
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.
₽6769
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽25969
₽27148
₽35740
₽26320
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

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

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

The minimum wage is 138,000 HUF per month.

24 409
9 714
63 598
-
unemployment
366
146
954
-
pensions
2 441
971
6 360
-
income
2 984
1 188
7 775
-
health
1 709
680
4 452
-
total
7 500
2 985
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.

24 409
9 714
63 598
-
pensions
4 760
1 894
12 402
-
total
4 760
1 894
12 402
-
Corporate
46 831
64 391
-
-
income
4 215
5 795
-
-
total
4 215
5 795
-
-
Dividends
42 616
58 596
-
-
social contributions
8 199
11 315
-
-
withholding
8 097
11 133
-
-
total
16 296
22 448
-
-
Income
76 000
76 000
76 000
76 000
Total tax
32 771
33 122
31 943
23 351
After tax
43 229
42 878
44 057
52 649
Living cost
16 909
16 909
16 909
16 909
Free-cash
26 320
25 969
27 148
35 740

Estimated living cost  is ₽16909 per week

₽11539
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1384
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽338
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3649
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38044
₽21050
₽17980
₽32190
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 000
income
-
-
-
10 184
health
-
-
-
9 880
pensions
-
-
-
15 199
total
-
-
-
35 263
Employee
26 728
-
56 801
-
unemployment
427
-
908
-
pensions
535
-
1 135
-
income
3 009
-
10 951
-
total
3 971
-
12 994
-
Employer
26 728
-
56 801
-
health
3 474
-
7 384
-
pensions
5 346
-
11 361
-
unemployment
215
-
454
-
total
9 035
-
19 199
-
Corporate
40 238
76 000
-
-
income
8 047
15 199
-
-
total
8 047
15 199
-
-
Dividends
32 190
60 801
-
-
total
-
-
-
-
Income
76 000
76 000
76 000
76 000
Total tax
21 053
15 199
32 193
35 263
After tax
54 947
60 801
43 807
40 737
Living cost
22 757
22 757
22 757
22 757
Free-cash
32 190
38 044
21 050
17 980

Estimated living cost  is ₽22757 per week

₽15609
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1355
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽458
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5335
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽14888
₽17275
₽31243
₽2928
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
242
income
-
-
-
17 051
other
-
-
-
354
health
-
-
-
2 086
pensions
-
-
-
3 980
total
-
-
-
23 713
Employee
33 103
-
63 133
-
pensions
3 728
-
7 109
-
income
4 541
-
10 477
-
health
3 790
-
7 229
-
total
12 059
-
24 815
-
Employer
33 103
-
63 133
-
pensions
5 383
-
10 265
-
accident
553
-
1 054
-
unemployment
811
-
1 547
-
total
6 747
-
12 866
-
Corporate
36 150
76 000
-
-
income

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

32 535
68 400
-
-
total
32 535
68 400
-
-
Dividends
3 615
7 600
-
-
withholding
687
1 444
-
-
total
687
1 444
-
-
Income
76 000
76 000
76 000
76 000
Total tax
52 028
69 844
37 681
23 713
After tax
23 972
6 156
38 319
52 287
Living cost
21 044
21 044
21 044
21 044
Free-cash
2 928
-14 888
17 275
31 243

Estimated living cost  is ₽21044 per week

₽15423
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1166
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽439
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4016
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64593
₽53193
₽67633
₽63166
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We expect you will register a microenterprise to benefit from 1% tax rate. Otherwise you will be taxed at a personal income rate of 20%.

-
-
-
76 000
microenterprise

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

-
-
-
760
total
-
-
-
760
Employee
9 509
-
76 000
-
income
1 902
-
15 200
-
total
1 902
-
15 200
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

66 491
76 000
-
-
total
-
-
-
-
Dividends
66 491
76 000
-
-
withholding
3 325
3 800
-
-
total
3 325
3 800
-
-
Income
76 000
76 000
76 000
76 000
Total tax
5 227
3 800
15 200
760
After tax
70 773
72 200
60 800
75 240
Living cost
7 607
7 607
7 607
7 607
Free-cash
63 166
64 593
53 193
67 633

Estimated living cost  is ₽7607 per week

₽4714
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽632
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽209
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2051
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽30731
₽19440
₽16050
₽24371
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
3 610
health
-
-
-
3 343
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.

-
-
-
18 239
total
-
-
-
34 845
Employee
34 209
-
60 701
-
unemployment
341
-
608
-
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.

2 394
-
4 250
-
income
5 889
-
10 449
-
health
479
-
849
-
total
9 103
-
16 156
-
Employer
34 209
-
60 701
-
health
479
-
849
-
pensions

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

5 816
-
10 320
-
accident
274
-
486
-
unemployment
341
-
608
-
other
1 711
-
3 036
-
total
8 621
-
15 299
-
Corporate
33 170
76 000
-
-
income
6 966
15 961
-
-
total
6 966
15 961
-
-
Dividends
26 204
60 039
-
-
withholding
1 834
4 203
-
-
total
1 834
4 203
-
-
Income
76 000
76 000
76 000
76 000
Total tax
26 524
20 164
31 455
34 845
After tax
49 476
55 836
44 545
41 155
Living cost
25 105
25 105
25 105
25 105
Free-cash
24 371
30 731
19 440
16 050

Estimated living cost  is ₽25105 per week

₽17738
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1695
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽404
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5267
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽6102
-₽14858
-₽6458
-₽25426
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
14 147
pensions
-
-
-
5 265
total
-
-
-
19 412
Employee
89 201
-
67 224
-
pensions
8 605
-
5 969
-
income
16 079
-
12 048
-
health
1 470
-
1 019
-
total
26 154
-
19 036
-
Employer
89 201
-
67 224
-
health
1 694
-
1 277
-
pensions
10 532
-
7 499
-
total
12 226
-
8 776
-
Corporate
-
76 000
-
-
income

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

-
14 439
-
-
total
-
14 439
-
-
Dividends
-
61 561
-
-
withholding
-
4 617
-
-
total
-
4 617
-
-
Income
76 000
76 000
76 000
76 000
Total tax
38 380
19 056
27 812
19 412
After tax
37 620
56 944
48 188
56 588
Living cost
63 046
63 046
63 046
63 046
Free-cash
-25 426
-6 102
-14 858
-6 458

Estimated living cost  is ₽63046 per week

₽47242
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7408
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.
₽7885
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽52632
₽45480
₽43468
₽48257
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 000
income
-
-
-
11 400
unemployment
-
-
-
132
health
-
-
-
3 783
pensions

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

-
-
-
4 869
total
-
-
-
20 184
Employee
16 350
-
69 546
-
accident

We are using the highest rate at 1.1%.

180
-
362
-
pensions

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

1 436
-
2 888
-
income
1 635
-
6 955
-
health
752
-
1 513
-
total
4 003
-
11 718
-
Employer
16 350
-
69 546
-
health
1 129
-
2 270
-
pensions

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

1 802
-
3 625
-
accident

We are using the highest rate at 1.1%.

180
-
362
-
unemployment
98
-
197
-
total
3 209
-
6 454
-
Corporate
56 441
76 000
-
-
income
5 644
7 600
-
-
total
5 644
7 600
-
-
Dividends
50 797
68 400
-
-
withholding
2 539
3 420
-
-
total
2 539
3 420
-
-
Income
76 000
76 000
76 000
76 000
Total tax
15 395
11 020
18 172
20 184
After tax
60 605
64 980
57 828
55 816
Living cost
12 348
12 348
12 348
12 348
Free-cash
48 257
52 632
45 480
43 468

Estimated living cost  is ₽12348 per week

₽7209
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽882
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽327
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3930
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽25046
-₽30334
-₽9004
-₽26644
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
11 471
health
-
-
-
10 250
pensions
-
-
-
11 039
total
-
-
-
32 760
Employee
87 351
80 457
80 457
-
pensions
11 039
11 039
14 482
-
income

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

13 170
13 170
13 170
-
health
10 897
10 504
12 349
-
total
35 106
34 713
40 001
-
Employer
87 351
80 457
80 457
-
health
6 070
5 593
5 593
-
pensions
6 079
5 600
5 600
-
unemployment
3 145
2 896
2 896
-
total
15 294
14 089
14 089
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
76 000
76 000
76 000
76 000
Total tax
50 400
48 802
54 090
32 760
After tax
25 600
27 198
21 910
43 240
Living cost
52 244
52 244
52 244
52 244
Free-cash
-26 644
-25 046
-30 334
-9 004

Estimated living cost  is ₽52244 per week

₽38539
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4667
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽599
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8441
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽29208
₽15449
₽13898
₽20959
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 000
income
-
-
-
6 532
social contributions
-
-
-
22 192
solidarity contribution
-
-
-
-
health
-
-
-
10 260
total
-
-
-
38 984
Employee
33 996
-
56 716
-
solidarity contribution
-
-
-
-
social contributions
2 210
-
3 687
-
income
4 080
-
6 806
-
health
4 590
-
7 657
-
total
10 880
-
18 150
-
Employer
33 996
-
56 716
-
health
3 060
-
5 104
-
social contributions
8 499
-
14 179
-
total
11 559
-
19 283
-
Corporate
30 445
76 000
-
-
income
5 785
14 440
-
-
total
5 785
14 440
-
-
Dividends
24 660
61 560
-
-
withholding
3 699
9 234
-
-
total
3 699
9 234
-
-
Income
76 000
76 000
76 000
76 000
Total tax
31 923
23 674
37 433
38 984
After tax
44 077
52 326
38 567
37 016
Living cost
23 118
23 118
23 118
23 118
Free-cash
20 959
29 208
15 449
13 898

Estimated living cost  is ₽23118 per week

₽16058
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1645
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽455
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4961
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽793
-₽3048
₽567
-₽7733
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 000
social contributions
-
-
-
19 547
regional
-
-
-
806
municipal
-
-
-
452
national
-
-
-
14 872
total
-
-
-
35 677
Employee
83 734
-
76 000
-
municipal
443
-
402
-
national
14 509
-
12 562
-
regional
790
-
702
-
social contributions
28 235
-
25 626
-
total
43 977
-
39 292
-
Employer
83 734
-
76 000
-
total
-
-
-
-
Corporate
-
76 000
-
-
municipal
-
2 964
-
-
nationa
-
18 241
-
-
total
-
21 205
-
-
Dividends
-
54 795
-
-
withholding
-
14 246
-
-
total
-
14 246
-
-
Income
76 000
76 000
76 000
76 000
Total tax
43 977
35 451
39 292
35 677
After tax
32 023
40 549
36 708
40 323
Living cost
39 756
39 756
39 756
39 756
Free-cash
-7 733
793
-3 048
567

Estimated living cost  is ₽39756 per week

₽27713
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2607
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽610
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8825
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽27015
₽18634
₽20180
₽24081
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
12 911
other
-
-
-
-
surtax
-
-
-
1 309
unemployment
-
-
-
215
health
-
-
-
5 396
pensions
-
-
-
15 199
total
-
-
-
35 030
Employee
31 157
-
62 784
-
other
-
-
-
-
unemployment
2 169
-
4 370
-
pensions
2 078
-
4 187
-
surtax
102
-
1 159
-
income
5 223
-
12 044
-
health
796
-
1 600
-
total
10 368
-
23 360
-
Employer
31 157
-
62 784
-
health
1 418
-
2 857
-
pensions
4 153
-
8 369
-
unemployment
987
-
1 990
-
other
-
-
-
-
total
6 558
-
13 216
-
Corporate
38 285
76 000
-
-
income
9 953
19 760
-
-
total
9 953
19 760
-
-
Dividends
28 332
56 240
-
-
withholding
4 250
8 435
-
-
total
4 250
8 435
-
-
Income
76 000
76 000
76 000
76 000
Total tax
31 129
28 195
36 576
35 030
After tax
44 871
47 805
39 424
40 970
Living cost
20 790
20 790
20 790
20 790
Free-cash
24 081
27 015
18 634
20 180

Estimated living cost  is ₽20790 per week

₽12712
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1918
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽479
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5680
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽13872
₽5116
₽13516
₽6453
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
14 147
pensions
-
-
-
5 265
total
-
-
-
19 412
Employee
59 780
-
67 224
-
pensions
5 074
-
5 969
-
income
10 767
-
12 048
-
health
868
-
1 019
-
total
16 709
-
19 036
-
Employer
59 780
-
67 224
-
health
1 136
-
1 277
-
pensions
6 471
-
7 499
-
total
7 607
-
8 776
-
Corporate
8 613
76 000
-
-
income

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

1 636
14 439
-
-
total
1 636
14 439
-
-
Dividends
6 977
61 561
-
-
withholding
523
4 617
-
-
total
523
4 617
-
-
Income
76 000
76 000
76 000
76 000
Total tax
26 475
19 056
27 812
19 412
After tax
49 525
56 944
48 188
56 588
Living cost
43 072
43 072
43 072
43 072
Free-cash
6 453
13 872
5 116
13 516

Estimated living cost  is ₽43072 per week

₽32269
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3228
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽451
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7123
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽39695
-₽14369
-₽10483
-₽19425
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 000
other

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

-
-
-
1 520
regional
-
-
-
2 168
health
-
-
-
243
city
-
-
-
801
national
-
-
-
311
pensions
-
-
-
6 991
total
-
-
-
12 034
Employee
87 124
-
68 025
-
unemployment
-
-
-
-
pensions
7 320
-
5 713
-
national
412
-
261
-
regional
2 853
-
1 836
-
city
935
-
730
-
health
197
-
153
-
total
11 717
-
8 693
-
Employer
87 124
-
68 025
-
health
197
-
153
-
pensions
7 320
-
5 713
-
unemployment
-
-
-
-
other

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

1 742
-
1 361
-
total
9 259
-
7 227
-
Corporate
-
76 000
-
-
regional
-
16 073
-
-
national
-
6 459
-
-
total
-
22 532
-
-
Dividends
-
53 468
-
-
withholding
-
18 714
-
-
total
-
18 714
-
-
Income
76 000
76 000
76 000
76 000
Total tax
20 976
41 246
15 920
12 034
After tax
55 024
34 754
60 080
63 966
Living cost
74 449
74 449
74 449
74 449
Free-cash
-19 425
-39 695
-14 369
-10 483

Estimated living cost  is ₽74449 per week

₽48413
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6681
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽914
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18441
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽5465
₽12778
₽7257
₽9814
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
76 000
income

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

-
-
-
12 914
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.

-
-
-
710
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.

-
-
-
6 437
trade
-
-
-
5 521
total
-
-
-
25 582
Employee

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

56 622
-
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.

367
-
710
-
income

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

6 658
-
12 914
-
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.

6 437
-
6 437
-
total
13 462
-
20 061
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
19 378
76 000
-
-
income
2 907
11 400
-
-
surtax

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

159
628
-
-
chamber of commerce
170
250
-
-
trade
3 324
13 034
-
-
total
6 560
25 312
-
-
Dividends
12 818
50 688
-
-
surtax

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

157
678
-
-
withholding
2 846
12 314
-
-
total
3 003
12 992
-
-
Income
76 000
76 000
76 000
76 000
Total tax
23 025
38 304
20 061
25 582
After tax
52 975
37 696
55 939
50 418
Living cost
43 161
43 161
43 161
43 161
Free-cash
9 814
-5 465
12 778
7 257

Estimated living cost  is ₽43161 per week

₽31523
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3453
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.
₽7626
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽6070
₽12610
₽11894
₽11636
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
4 568
other
-
-
-
2 356
surtax
-
-
-
-
social contributions
-
-
-
2 165
health
-
-
-
656
pensions
-
-
-
22 126
total
-
-
-
31 871
Employee
40 323
-
57 917
-
pensions
4 559
-
6 551
-
surtax
-
-
-
-
social contributions
1 150
-
1 650
-
income
2 380
-
4 866
-
total
8 089
-
13 067
-
Employer
40 323
-
57 917
-
health
2 823
-
4 055
-
pensions
6 624
-
9 515
-
unemployment
1 632
-
2 346
-
social contributions
122
-
173
-
other
1 391
-
1 999
-
total
12 592
-
18 088
-
Corporate
23 084
76 000
-
-
income
6 463
21 280
-
-
surtax
-
-
-
-
total
6 463
21 280
-
-
Dividends
16 621
54 720
-
-
surtax
-
-
-
-
social contributions
2 857
9 412
-
-
withholding
2 128
7 003
-
-
total
4 985
16 415
-
-
Income
76 000
76 000
76 000
76 000
Total tax
32 129
37 695
31 155
31 871
After tax
43 871
38 305
44 845
44 129
Living cost
32 235
32 235
32 235
32 235
Free-cash
11 636
6 070
12 610
11 894

Estimated living cost  is ₽32235 per week

₽20325
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2621
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽549
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8741
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽9264
₽15804
₽15088
₽14496
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
4 568
other
-
-
-
2 356
surtax
-
-
-
-
social contributions
-
-
-
2 165
health
-
-
-
656
pensions
-
-
-
22 126
total
-
-
-
31 871
Employee
35 994
-
57 917
-
pensions
4 071
-
6 551
-
surtax
-
-
-
-
social contributions
1 026
-
1 650
-
income
1 856
-
4 866
-
total
6 953
-
13 067
-
Employer
35 994
-
57 917
-
health
2 519
-
4 055
-
pensions
5 914
-
9 515
-
unemployment
1 457
-
2 346
-
social contributions
107
-
173
-
other
1 243
-
1 999
-
total
11 240
-
18 088
-
Corporate
28 765
76 000
-
-
income
8 055
21 280
-
-
surtax
-
-
-
-
total
8 055
21 280
-
-
Dividends
20 710
54 720
-
-
surtax
-
-
-
-
social contributions
3 563
9 412
-
-
withholding
2 652
7 003
-
-
total
6 215
16 415
-
-
Income
76 000
76 000
76 000
76 000
Total tax
32 463
37 695
31 155
31 871
After tax
43 537
38 305
44 845
44 129
Living cost
29 041
29 041
29 041
29 041
Free-cash
14 496
9 264
15 804
15 088

Estimated living cost  is ₽29041 per week

₽16842
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2950
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.
₽8698
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽26389
₽29904
₽28829
₽26879
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 000
income
-
-
-
11 400
social contributions
-
-
-
10 488
health
-
-
-
5 305
total
-
-
-
27 193
Employee
31 945
-
76 000
-
social contributions
4 409
-
10 488
-
income
5 328
-
10 325
-
health
2 230
-
5 305
-
total
11 967
-
26 118
-
Employer
31 945
-
76 000
-
total
-
-
-
-
Corporate
44 055
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%.

2 203
3 799
-
-
total
2 203
3 799
-
-
Dividends
41 852
72 201
-
-
social contributions
5 775
9 964
-
-
withholding
6 277
10 830
-
-
health
2 921
5 040
-
-
total
14 973
25 834
-
-
Income
76 000
76 000
76 000
76 000
Total tax
29 143
29 633
26 118
27 193
After tax
46 857
46 367
49 882
48 807
Living cost
19 978
19 978
19 978
19 978
Free-cash
26 879
26 389
29 904
28 829

Estimated living cost  is ₽19978 per week

₽13370
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1232
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽459
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4915
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽9711
-₽7550
₽7172
₽8255
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 000
income
-
-
-
9 487
surtax
-
-
-
186
unemployment
-
-
-
5 779
chamber of commerce
-
-
-
304
health
-
-
-
5 814
pensions
-
-
-
14 060
total
-
-
-
35 630
Employee
47 085
37 547
58 870
-
other
470
375
588
-
unemployment
1 412
1 126
1 766
-
pensions
4 822
3 844
6 029
-
income
5 360
2 770
8 738
-
health
1 822
1 454
2 278
-
total
13 886
9 569
19 399
-
Employer
47 085
37 547
58 870
-
chamber of commerce
188
150
236
-
health
1 779
1 420
2 226
-
pensions
5 909
4 713
7 388
-
accident
611
488
765
-
unemployment
1 412
1 126
1 766
-
surtax
186
186
186
-
payroll
1 412
1 126
1 766
-
other
2 237
1 783
2 796
-
total
13 734
10 992
17 129
-
Corporate
15 180
27 461
55 294
-
income

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

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

3 796
6 866
13 824
-
total
3 796
6 866
13 824
-
Dividends
11 384
20 595
-
-
withholding
3 131
5 664
-
-
total
3 131
5 664
-
-
Income
76 000
76 000
76 000
76 000
Total tax
34 547
33 091
50 352
35 630
After tax
41 453
42 909
25 648
40 370
Living cost
33 198
33 198
33 198
33 198
Free-cash
8 255
9 711
-7 550
7 172

Estimated living cost  is ₽33198 per week

₽22142
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2832
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽545
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7679
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽8338
-₽3634
₽3205
-₽11010
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 000
communal

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

-
-
-
3 908
social contributions
-
-
-
10 872
national
-
-
-
23 662
total
-
-
-
38 442
Employee

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

67 394
-
58 863
-
unemployment

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

586
-
511
-
communal

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

3 515
-
3 070
-
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.

5 054
-
4 414
-
national
20 719
-
17 381
-
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.

3 166
-
2 768
-
total
33 040
-
28 144
-
Employer

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

67 394
-
58 863
-
health

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

4 144
-
3 621
-
pensions

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

5 972
-
5 215
-
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.

876
-
765
-
unemployment

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

983
-
860
-
surtax
7 642
-
6 676
-
total
19 617
-
17 137
-
Corporate
-
76 000
-
-
income
-
15 199
-
-
surtax
-
304
-
-
total
-
15 503
-
-
Dividends
-
60 497
-
-
withholding

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

-
17 806
-
-
total
-
17 806
-
-
Income
76 000
76 000
76 000
76 000
Total tax
52 657
33 309
45 281
38 442
After tax
23 343
42 691
30 719
37 558
Living cost
34 353
34 353
34 353
34 353
Free-cash
-11 010
8 338
-3 634
3 205

Estimated living cost  is ₽34353 per week

₽22127
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3004
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽538
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8684
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽17223
₽7031
₽6492
₽9718
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
685
income
-
-
-
12 679
other
-
-
-
77
unemployment
-
-
-
533
pensions
-
-
-
21 509
total
-
-
-
35 483
Employee
46 899
-
57 629
-
other
46
-
57
-
unemployment
728
-
894
-
pensions
2 205
-
2 709
-
income
9 895
-
12 912
-
total
12 874
-
16 572
-
Employer
46 899
-
57 629
-
pensions
11 067
-
13 601
-
accident
928
-
1 141
-
unemployment
2 580
-
3 170
-
other
374
-
459
-
total
14 949
-
18 371
-
Corporate
14 152
76 000
-
-
income

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

2 122
11 400
-
-
total
2 122
11 400
-
-
Dividends
12 030
64 600
-
-
withholding
2 312
13 352
-
-
total
2 312
13 352
-
-
Income
76 000
76 000
76 000
76 000
Total tax
32 257
24 752
34 943
35 483
After tax
43 743
51 248
41 057
40 517
Living cost
34 026
34 026
34 026
34 026
Free-cash
9 718
17 223
7 031
6 492

Estimated living cost  is ₽34026 per week

₽25056
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2414
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.
₽6065
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽4201
-₽2008
-₽5847
-₽3873
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 000
communal
-
-
-
4 802
accident
-
-
-
640
income
-
-
-
4 707
surtax
-
-
-
3 767
health
-
-
-
5 339
pensions
-
-
-
11 391
total
-
-
-
30 646
Employee
71 349
-
67 886
-
pensions
5 707
-
5 432
-
surtax
4 373
-
4 161
-
income
6 892
-
6 079
-
health
3 175
-
3 022
-
total
20 147
-
18 694
-
Employer
71 349
-
67 886
-
health
2 176
-
2 070
-
pensions
5 707
-
5 432
-
accident
642
-
611
-
total
8 525
-
8 113
-
Corporate
-
76 000
-
-
communal
-
5 130
-
-
income
-
11 400
-
-
surtax
-
797
-
-
total
-
17 327
-
-
Dividends
-
58 673
-
-
income
-
2 873
-
-
withholding
-
8 800
-
-
total
-
11 673
-
-
Income
76 000
76 000
76 000
76 000
Total tax
28 672
29 000
26 807
30 646
After tax
47 328
47 000
49 193
45 354
Living cost
51 201
51 201
51 201
51 201
Free-cash
-3 873
-4 201
-2 008
-5 847

Estimated living cost  is ₽51201 per week

₽38408
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3102
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽542
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9147
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽26643
₽18262
₽19808
₽23643
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
12 911
other
-
-
-
-
surtax
-
-
-
1 309
unemployment
-
-
-
215
health
-
-
-
5 396
pensions
-
-
-
15 199
total
-
-
-
35 030
Employee
31 729
-
62 784
-
other
-
-
-
-
unemployment
2 208
-
4 370
-
pensions
2 117
-
4 187
-
surtax
113
-
1 159
-
income
5 319
-
12 044
-
health
810
-
1 600
-
total
10 567
-
23 360
-
Employer
31 729
-
62 784
-
health
1 443
-
2 857
-
pensions
4 230
-
8 369
-
unemployment
1 007
-
1 990
-
other
-
-
-
-
total
6 680
-
13 216
-
Corporate
37 592
76 000
-
-
income
9 775
19 760
-
-
total
9 775
19 760
-
-
Dividends
27 817
56 240
-
-
withholding
4 173
8 435
-
-
total
4 173
8 435
-
-
Income
76 000
76 000
76 000
76 000
Total tax
31 195
28 195
36 576
35 030
After tax
44 805
47 805
39 424
40 970
Living cost
21 162
21 162
21 162
21 162
Free-cash
23 643
26 643
18 262
19 808

Estimated living cost  is ₽21162 per week

₽12777
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1840
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.
₽6056
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽14566
₽11007
₽14602
₽12475
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 000
social contributions
-
-
-
19 547
regional
-
-
-
1 147
municipal
-
-
-
452
national
-
-
-
14 872
total
-
-
-
36 018
Employee
52 263
-
76 000
-
municipal
277
-
402
-
national
8 280
-
12 562
-
regional
704
-
1 023
-
social contributions
17 624
-
25 626
-
total
26 885
-
39 613
-
Employer
52 263
-
76 000
-
total
-
-
-
-
Corporate
23 737
76 000
-
-
municipal
1 180
3 778
-
-
nationa
5 696
18 241
-
-
total
6 876
22 019
-
-
Dividends
16 860
53 982
-
-
withholding
4 384
14 035
-
-
total
4 384
14 035
-
-
Income
76 000
76 000
76 000
76 000
Total tax
38 145
36 054
39 613
36 018
After tax
37 855
39 946
36 387
39 982
Living cost
25 380
25 380
25 380
25 380
Free-cash
12 475
14 566
11 007
14 602

Estimated living cost  is ₽25380 per week

₽15784
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2571
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽434
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6590
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽23839
₽10080
₽8529
₽13677
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 000
income
-
-
-
6 532
social contributions
-
-
-
22 192
solidarity contribution
-
-
-
-
health
-
-
-
10 260
total
-
-
-
38 984
Employee
41 892
-
56 716
-
solidarity contribution
-
-
-
-
social contributions
2 723
-
3 687
-
income
5 027
-
6 806
-
health
5 655
-
7 657
-
total
13 405
-
18 150
-
Employer
41 892
-
56 716
-
health
3 770
-
5 104
-
social contributions
10 473
-
14 179
-
total
14 243
-
19 283
-
Corporate
19 864
76 000
-
-
income
3 774
14 440
-
-
total
3 774
14 440
-
-
Dividends
16 090
61 560
-
-
withholding
2 414
9 234
-
-
total
2 414
9 234
-
-
Income
76 000
76 000
76 000
76 000
Total tax
33 836
23 674
37 433
38 984
After tax
42 164
52 326
38 567
37 016
Living cost
28 487
28 487
28 487
28 487
Free-cash
13 677
23 839
10 080
8 529

Estimated living cost  is ₽28487 per week

₽21185
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1578
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽493
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5231
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽12953
-₽4368
₽10498
₽12488
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
9 487
surtax
-
-
-
-
unemployment
-
-
-
5 779
chamber of commerce
-
-
-
304
health
-
-
-
5 814
pensions
-
-
-
14 060
total
-
-
-
35 444
Employee
41 185
37 547
59 015
-
other
411
375
590
-
unemployment
1 235
1 126
1 770
-
pensions
4 218
3 844
6 043
-
income
3 669
2 770
8 781
-
health
1 593
1 454
2 283
-
total
11 126
9 569
19 467
-
Employer
41 185
37 547
59 015
-
chamber of commerce
164
150
236
-
health
1 557
1 420
2 231
-
pensions
5 169
4 713
7 406
-
accident
535
488
767
-
unemployment
1 235
1 126
1 770
-
surtax
-
-
-
-
payroll
1 235
1 126
1 770
-
other
1 956
1 783
2 803
-
total
11 851
10 806
16 983
-
Corporate
22 963
27 647
55 441
-
income

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

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

5 741
6 912
13 860
-
total
5 741
6 912
13 860
-
Dividends
17 222
20 735
-
-
withholding
4 736
5 702
-
-
total
4 736
5 702
-
-
Income
76 000
76 000
76 000
76 000
Total tax
33 454
32 989
50 310
35 444
After tax
42 546
43 011
25 690
40 556
Living cost
30 058
30 058
30 058
30 058
Free-cash
12 488
12 953
-4 368
10 498

Estimated living cost  is ₽30058 per week

₽18031
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3070
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽536
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8421
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽60345
₽48945
₽63385
₽58122
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
14 819
-
76 000
-
income
2 964
-
15 200
-
total
2 964
-
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%.

61 181
76 000
-
-
total
-
-
-
-
Dividends
61 181
76 000
-
-
withholding
3 059
3 800
-
-
total
3 059
3 800
-
-
Income
76 000
76 000
76 000
76 000
Total tax
6 023
3 800
15 200
760
After tax
69 977
72 200
60 800
75 240
Living cost
11 855
11 855
11 855
11 855
Free-cash
58 122
60 345
48 945
63 385

Estimated living cost  is ₽11855 per week

₽8022
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽498
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽398
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2937
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽27055
₽12671
₽14848
₽19172
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
14 408
unemployment
-
-
-
114
health
-
-
-
7 479
pensions
-
-
-
13 880
total
-
-
-
35 881
Employee

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

41 663
-
65 760
-
unemployment
59
-
91
-
pensions
6 458
-
10 193
-
income
7 185
-
13 287
-
health
2 691
-
4 248
-
total
16 393
-
27 819
-
Employer

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

41 663
-
65 760
-
health
2 775
-
4 380
-
pensions
3 687
-
5 820
-
unemployment
25
-
39
-
total
6 487
-
10 239
-
Corporate
27 851
76 000
-
-
income
5 292
14 439
-
-
total
5 292
14 439
-
-
Dividends
22 558
61 561
-
-
withholding
3 385
9 235
-
-
total
3 385
9 235
-
-
Income
76 000
76 000
76 000
76 000
Total tax
31 557
23 674
38 058
35 881
After tax
44 443
52 326
37 942
40 119
Living cost
25 271
25 271
25 271
25 271
Free-cash
19 172
27 055
12 671
14 848

Estimated living cost  is ₽25271 per week

₽17343
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1620
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.
₽5820
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽5795
₽23226
₽12078
-₽63756
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
57 990
-
-
-
social contributions
4 755
-
678
-
income
12 791
-
-
-
total
17 546
-
678
-
Employer
57 990
-
-
-
social contributions
81 766
-
11 653
-
total
81 766
-
11 653
-
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
99 312
29 762
12 331
23 478
After tax
-23 312
46 238
63 669
52 522
Living cost
40 444
40 444
40 444
40 444
Free-cash
-63 756
5 795
23 226
12 078

Estimated living cost  is ₽40444 per week

₽26241
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3804
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.
₽9883
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽13676
₽10261
₽13448
₽12728
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
6 589
surtax
-
-
-
-
social contributions

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

-
-
-
26 410
total
-
-
-
32 999
Employee
43 332
-
61 414
-
surtax
-
-
-
-
social contributions
4 767
-
6 755
-
income
9 013
-
14 845
-
total
13 780
-
21 600
-
Employer
43 332
-
61 414
-
social contributions
10 291
-
14 586
-
total
10 291
-
14 586
-
Corporate
22 376
76 000
-
-
income
4 699
15 961
-
-
surtax
-
-
-
-
total
4 699
15 961
-
-
Dividends
17 678
60 039
-
-
withholding
4 949
16 810
-
-
total
4 949
16 810
-
-
Income
76 000
76 000
76 000
76 000
Total tax
33 719
32 771
36 186
32 999
After tax
42 281
43 229
39 814
43 001
Living cost
29 553
29 553
29 553
29 553
Free-cash
12 728
13 676
10 261
13 448

Estimated living cost  is ₽29553 per week

₽22111
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1743
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽493
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5205
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽7200
-₽660
-₽1376
-₽1438
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
4 568
other
-
-
-
2 356
surtax
-
-
-
-
social contributions
-
-
-
2 165
health
-
-
-
656
pensions
-
-
-
22 126
total
-
-
-
31 871
Employee
59 010
-
57 917
-
pensions
6 674
-
6 551
-
surtax
-
-
-
-
social contributions
1 681
-
1 650
-
income
5 149
-
4 866
-
total
13 504
-
13 067
-
Employer
59 010
-
57 917
-
health
4 130
-
4 055
-
pensions
9 696
-
9 515
-
unemployment
2 390
-
2 346
-
social contributions
177
-
173
-
other
2 036
-
1 999
-
total
18 429
-
18 088
-
Corporate
-
76 000
-
-
income
-
21 280
-
-
surtax
-
-
-
-
total
-
21 280
-
-
Dividends
-
54 720
-
-
surtax
-
-
-
-
social contributions
-
9 412
-
-
withholding
-
7 003
-
-
total
-
16 415
-
-
Income
76 000
76 000
76 000
76 000
Total tax
31 933
37 695
31 155
31 871
After tax
44 067
38 305
44 845
44 129
Living cost
45 505
45 505
45 505
45 505
Free-cash
-1 438
-7 200
-660
-1 376

Estimated living cost  is ₽45505 per week

₽30797
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3722
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽624
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10361
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽40078
₽32272
₽30139
₽36913
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
819
social contributions
-
-
-
16 721
total
-
-
-
17 540
Employee
30 290
-
65 802
-
income
-
-
932
-
social contributions
1 969
-
4 277
-
total
1 969
-
5 209
-
Employer
30 290
-
65 802
-
social contributions
4 695
-
10 198
-
total
4 695
-
10 198
-
Corporate
41 015
76 000
-
-
income
4 102
7 601
-
-
total
4 102
7 601
-
-
Dividends
36 914
68 399
-
-
total
-
-
-
-
Income
76 000
76 000
76 000
76 000
Total tax
10 766
7 601
15 407
17 540
After tax
65 234
68 399
60 593
58 460
Living cost
28 321
28 321
28 321
28 321
Free-cash
36 913
40 078
32 272
30 139

Estimated living cost  is ₽28321 per week

₽18312
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2135
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽533
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7341
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽129259
-₽129259
₽2551
-₽129259
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 000
labour market
-
-
-
6 015
municipal
-
-
-
13 463
national
-
-
-
7 783
pensions
-
-
-
817
total
-
-
-
28 078
Employee
191 499
191 499
191 499
-
municipal
40 779
40 779
40 779
-
labour market
15 298
15 298
15 298
-
pensions
272
272
272
-
national
23 395
23 395
23 395
-
total
79 744
79 744
79 744
-
Employer
191 499
191 499
191 499
-
national
23 436
23 436
23 436
-
labour market
15 320
15 320
15 320
-
pensions
544
544
544
-
municipal
40 844
40 844
40 844
-
total
80 144
80 144
80 144
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
76 000
76 000
76 000
76 000
Total tax
159 888
159 888
159 888
28 078
After tax
-83 888
-83 888
-83 888
47 922
Living cost
45 371
45 371
45 371
45 371
Free-cash
-129 259
-129 259
-129 259
2 551

Estimated living cost  is ₽45371 per week

₽31052
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4014
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽698
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9607
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽14578
₽17585
₽31553
₽2975
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
242
income
-
-
-
17 051
other
-
-
-
354
health
-
-
-
2 086
pensions
-
-
-
3 980
total
-
-
-
23 713
Employee
32 615
-
63 133
-
pensions
3 673
-
7 109
-
income
4 474
-
10 477
-
health
3 735
-
7 229
-
total
11 882
-
24 815
-
Employer
32 615
-
63 133
-
pensions
5 303
-
10 265
-
accident
545
-
1 054
-
unemployment
799
-
1 547
-
total
6 647
-
12 866
-
Corporate
36 738
76 000
-
-
income

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

33 064
68 400
-
-
total
33 064
68 400
-
-
Dividends
3 674
7 600
-
-
withholding
698
1 444
-
-
total
698
1 444
-
-
Income
76 000
76 000
76 000
76 000
Total tax
52 291
69 844
37 681
23 713
After tax
23 709
6 156
38 319
52 287
Living cost
20 734
20 734
20 734
20 734
Free-cash
2 975
-14 578
17 585
31 553

Estimated living cost  is ₽20734 per week

₽15092
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1182
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽389
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4071
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽15574
₽8627
₽19733
₽11818
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

You can choose the amount to declare for pension contributions and choose a pension insurance company or a pension insurance fund you prefer to use; or you could opt out of pension contributions altogether. You can find more details on Finnish Centre for Pensions

-
-
-
76 000
health
-
-
-
778
municipal
-
-
-
13 540
national
-
-
-
5 777
total
-
-
-
20 095
Employee
49 569
-
63 937
-
municipal
8 119
-
10 452
-
unemployment
744
-
958
-
pensions
3 345
-
4 316
-
national
819
-
2 820
-
health
370
-
592
-
total
13 397
-
19 138
-
Employer
49 569
-
63 937
-
health
381
-
492
-
pensions
8 600
-
11 092
-
accident
50
-
64
-
unemployment
322
-
415
-
total
9 353
-
12 063
-
Corporate
17 078
76 000
-
-
income
3 415
15 199
-
-
total
3 415
15 199
-
-
Dividends

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

10 247
45 601
-
-
municipal
1 845
8 208
-
-
national
-
847
-
-
total
1 845
9 055
-
-
Income
76 000
76 000
76 000
76 000
Total tax
28 010
24 254
31 201
20 095
After tax
47 990
51 746
44 799
55 905
Living cost
36 172
36 172
36 172
36 172
Free-cash
11 818
15 574
8 627
19 733

Estimated living cost  is ₽36172 per week

₽23628
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3479
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.
₽8491
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽32880
₽33474
₽34317
₽28795
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
6 075
social contributions
-
-
-
11 856
health
-
-
-
1 938
total
-
-
-
19 869
Employee
72 448
72 448
72 448
-
social contributions
2 739
6 013
5 727
-
income
7 888
6 707
6 808
-
health
561
1 232
1 173
-
total
11 188
13 952
13 708
-
Employer
72 448
72 448
72 448
-
health
610
1 341
1 277
-
social contributions
2 739
6 013
5 727
-
total
3 349
7 354
7 004
-
Corporate
39 649
-
-
-
income
4 956
-
-
-
total
4 956
-
-
-
Dividends
34 692
-
-
-
withholding
5 898
-
-
-
total
5 898
-
-
-
Income
76 000
76 000
76 000
76 000
Total tax
25 391
21 306
20 712
19 869
After tax
50 609
54 694
55 288
56 131
Living cost
21 814
21 814
21 814
21 814
Free-cash
28 795
32 880
33 474
34 317

Estimated living cost  is ₽21814 per week

₽13073
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2140
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.
₽6118
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47976
₽31978
₽44622
₽43184
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
6 989
unemployment
-
-
-
27
health
-
-
-
3 410
pensions
-
-
-
5 993
total
-
-
-
16 419
Employee

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

21 626
-
68 902
-
unemployment
107
-
345
-
pensions
3 243
-
10 336
-
income
1 479
-
5 427
-
health
1 838
-
5 857
-
total
6 667
-
21 965
-
Employer

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

21 626
-
68 902
-
health
930
-
2 963
-
pensions
1 189
-
3 790
-
unemployment
107
-
345
-
total
2 226
-
7 098
-
Corporate
52 148
76 000
-
-
income
4 693
6 841
-
-
total
4 693
6 841
-
-
Dividends
47 455
69 159
-
-
withholding
4 271
6 224
-
-
total
4 271
6 224
-
-
Income
76 000
76 000
76 000
76 000
Total tax
17 857
13 065
29 063
16 419
After tax
58 143
62 935
46 937
59 581
Living cost
14 959
14 959
14 959
14 959
Free-cash
43 184
47 976
31 978
44 622

Estimated living cost  is ₽14959 per week

₽9544
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1078
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽445
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3891
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽25340
₽15149
₽14609
₽20397
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
685
income
-
-
-
12 679
other
-
-
-
77
unemployment
-
-
-
533
pensions
-
-
-
21 509
total
-
-
-
35 483
Employee
34 837
-
57 629
-
other
34
-
57
-
unemployment
540
-
894
-
pensions
1 638
-
2 709
-
income
6 716
-
12 912
-
total
8 928
-
16 572
-
Employer
34 837
-
57 629
-
pensions
8 221
-
13 601
-
accident
690
-
1 141
-
unemployment
1 917
-
3 170
-
other
279
-
459
-
total
11 107
-
18 371
-
Corporate
30 056
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.

4 509
11 400
-
-
total
4 509
11 400
-
-
Dividends
25 547
64 600
-
-
withholding
5 151
13 352
-
-
total
5 151
13 352
-
-
Income
76 000
76 000
76 000
76 000
Total tax
29 695
24 752
34 943
35 483
After tax
46 305
51 248
41 057
40 517
Living cost
25 908
25 908
25 908
25 908
Free-cash
20 397
25 340
15 149
14 609

Estimated living cost  is ₽25908 per week

₽17488
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2491
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽454
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5476
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽45512
₽46228
₽46365
₽45199
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 000
income
-
-
-
25 317
health
-
-
-
1 011
pensions
-
-
-
1 395
total
-
-
-
27 723
Employee
2 913
-
74 431
-
unemployment
29
-
70
-
pensions
262
-
628
-
income
563
-
25 244
-
health
146
-
349
-
total
1 000
-
26 291
-
Employer
2 913
-
74 431
-
health
277
-
663
-
pensions
320
-
767
-
unemployment
58
-
139
-
total
655
-
1 569
-
Corporate
72 432
76 000
-
-
income
15 935
16 720
-
-
total
15 935
16 720
-
-
Dividends
56 497
59 280
-
-
withholding
11 299
11 856
-
-
total
11 299
11 856
-
-
Income
76 000
76 000
76 000
76 000
Total tax
28 889
28 576
27 860
27 723
After tax
47 111
47 424
48 140
48 277
Living cost
1 912
1 912
1 912
1 912
Free-cash
45 199
45 512
46 228
46 365

Estimated living cost  is ₽1912 per week

₽1136
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽155
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽44
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽577
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38611
₽22976
₽21701
₽33975
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
11 672
unemployment
-
-
-
1 045
health
-
-
-
7 174
pensions
-
-
-
18 109
total
-
-
-
38 000
Employee

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

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

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

24 577
-
64 461
-
unemployment
184
-
483
-
pensions
3 441
-
9 025
-
income
3 388
-
12 359
-
health
1 266
-
3 320
-
total
8 279
-
25 187
-
Employer

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

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

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

24 577
-
64 461
-
health
1 266
-
3 320
-
pensions
2 949
-
7 735
-
unemployment
184
-
483
-
total
4 399
-
11 538
-
Corporate
47 023
76 000
-
-
income
7 053
11 400
-
-
total
7 053
11 400
-
-
Dividends
39 970
64 600
-
-
withholding
5 995
9 690
-
-
total
5 995
9 690
-
-
Income
76 000
76 000
76 000
76 000
Total tax
25 726
21 090
36 725
38 000
After tax
50 274
54 910
39 275
38 000
Living cost
16 299
16 299
16 299
16 299
Free-cash
33 975
38 611
22 976
21 701

Estimated living cost  is ₽16299 per week

₽10974
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1261
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽472
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3592
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽17829
₽14414
₽17601
₽17489
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
6 589
surtax
-
-
-
-
social contributions

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

-
-
-
26 410
total
-
-
-
32 999
Employee
36 568
-
61 414
-
surtax
-
-
-
-
social contributions
4 023
-
6 755
-
income
7 145
-
14 845
-
total
11 168
-
21 600
-
Employer
36 568
-
61 414
-
social contributions
8 684
-
14 586
-
total
8 684
-
14 586
-
Corporate
30 748
76 000
-
-
income
6 458
15 961
-
-
surtax
-
-
-
-
total
6 458
15 961
-
-
Dividends
24 290
60 039
-
-
withholding
6 801
16 810
-
-
total
6 801
16 810
-
-
Income
76 000
76 000
76 000
76 000
Total tax
33 111
32 771
36 186
32 999
After tax
42 889
43 229
39 814
43 001
Living cost
25 400
25 400
25 400
25 400
Free-cash
17 489
17 829
14 414
17 601

Estimated living cost  is ₽25400 per week

₽17990
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1765
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽451
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5196
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽18136
₽7945
₽7405
₽10952
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
685
income
-
-
-
12 679
other
-
-
-
77
unemployment
-
-
-
533
pensions
-
-
-
21 509
total
-
-
-
35 483
Employee
45 502
-
57 629
-
other
45
-
57
-
unemployment
704
-
894
-
pensions
2 138
-
2 709
-
income
9 504
-
12 912
-
total
12 391
-
16 572
-
Employer
45 502
-
57 629
-
pensions
10 738
-
13 601
-
accident
901
-
1 141
-
unemployment
2 503
-
3 170
-
other
365
-
459
-
total
14 507
-
18 371
-
Corporate
15 990
76 000
-
-
income

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

2 399
11 400
-
-
total
2 399
11 400
-
-
Dividends
13 591
64 600
-
-
withholding
2 639
13 352
-
-
total
2 639
13 352
-
-
Income
76 000
76 000
76 000
76 000
Total tax
31 936
24 752
34 943
35 483
After tax
44 064
51 248
41 057
40 517
Living cost
33 112
33 112
33 112
33 112
Free-cash
10 952
18 136
7 945
7 405

Estimated living cost  is ₽33112 per week

₽23780
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2575
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽467
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6292
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽48779
₽41627
₽39615
₽43039
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 000
income
-
-
-
11 400
unemployment
-
-
-
132
health
-
-
-
3 783
pensions

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

-
-
-
4 869
total
-
-
-
20 184
Employee
21 452
-
69 546
-
accident

We are using the highest rate at 1.1%.

236
-
362
-
pensions

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

1 883
-
2 888
-
income
2 146
-
6 955
-
health
987
-
1 513
-
total
5 252
-
11 718
-
Employer
21 452
-
69 546
-
health
1 480
-
2 270
-
pensions

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

2 364
-
3 625
-
accident

We are using the highest rate at 1.1%.

236
-
362
-
unemployment
129
-
197
-
total
4 209
-
6 454
-
Corporate
50 339
76 000
-
-
income
5 034
7 600
-
-
total
5 034
7 600
-
-
Dividends
45 305
68 400
-
-
withholding
2 265
3 420
-
-
total
2 265
3 420
-
-
Income
76 000
76 000
76 000
76 000
Total tax
16 760
11 020
18 172
20 184
After tax
59 240
64 980
57 828
55 816
Living cost
16 201
16 201
16 201
16 201
Free-cash
43 039
48 779
41 627
39 615

Estimated living cost  is ₽16201 per week

₽10715
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽927
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽387
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4172
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽2887
₽19565
₽14945
₽15213
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
76 000
income

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

-
-
-
12 914
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.

-
-
-
710
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.

-
-
-
6 437
trade
-
-
-
4 620
total
-
-
-
24 681
Employee

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

46 879
-
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
-
710
-
income

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

3 855
-
12 914
-
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.

6 437
-
6 437
-
total
10 505
-
20 061
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
29 121
76 000
-
-
income
4 368
11 400
-
-
surtax

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

240
628
-
-
chamber of commerce
186
254
-
-
trade
4 178
10 906
-
-
total
8 972
23 188
-
-
Dividends
20 150
52 812
-
-
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.

257
706
-
-
withholding
4 679
12 845
-
-
total
4 936
13 551
-
-
Income
76 000
76 000
76 000
76 000
Total tax
24 413
36 739
20 061
24 681
After tax
51 587
39 261
55 939
51 319
Living cost
36 374
36 374
36 374
36 374
Free-cash
15 213
2 887
19 565
14 945

Estimated living cost  is ₽36374 per week

₽25092
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3914
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.
₽6841
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽469
₽1128
₽1128
₽1610
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
14 827
social contributions
-
-
-
6 375
total
-
-
-
21 202
Employee
73 698
-
76 000
-
income
13 907
-
14 827
-
social contributions
6 123
-
6 375
-
total
20 030
-
21 202
-
Employer
73 698
-
76 000
-
total
-
-
-
-
Corporate
2 302
76 000
-
-
income
288
9 499
-
-
total
288
9 499
-
-
Dividends
2 014
66 501
-
-
withholding
402
13 300
-
-
total
402
13 300
-
-
Income
76 000
76 000
76 000
76 000
Total tax
20 720
22 799
21 202
21 202
After tax
55 280
53 201
54 798
54 798
Living cost
53 670
53 670
53 670
53 670
Free-cash
1 610
-469
1 128
1 128

Estimated living cost  is ₽53670 per week

₽40831
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4373
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.
₽7953
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽10220
₽21331
₽9259
₽15680
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We use The Residence Programme or The Global Residence Programme.

-
-
-
76 000
income
-
-
-
26 819
health

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

-
-
-
5 721
total
-
-
-
32 540
Employee
43 221
-
71 666
-
income
4 690
-
11 800
-
social contributions
4 330
-
4 334
-
total
9 020
-
16 134
-
Employer
43 221
-
71 666
-
social contributions
4 330
-
4 334
-
total
4 330
-
4 334
-
Corporate
28 449
76 000
-
-
income
9 957
26 601
-
-
total
9 957
26 601
-
-
Dividends
18 492
49 399
-
-
social contributions
2 812
4 978
-
-
total
2 812
4 978
-
-
Income
76 000
76 000
76 000
76 000
Total tax
26 119
31 579
20 468
32 540
After tax
49 881
44 421
55 532
43 460
Living cost
34 201
34 201
34 201
34 201
Free-cash
15 680
10 220
21 331
9 259

Estimated living cost  is ₽34201 per week

₽22528
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2696
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽524
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8452
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽21928
₽13172
₽21572
₽16608
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
14 147
pensions
-
-
-
5 265
total
-
-
-
19 412
Employee
48 064
-
67 224
-
pensions
3 668
-
5 969
-
income
8 753
-
12 048
-
health
627
-
1 019
-
total
13 048
-
19 036
-
Employer
48 064
-
67 224
-
health
913
-
1 277
-
pensions
4 856
-
7 499
-
total
5 769
-
8 776
-
Corporate
22 166
76 000
-
-
income

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

4 212
14 439
-
-
total
4 212
14 439
-
-
Dividends
17 954
61 561
-
-
withholding
1 347
4 617
-
-
total
1 347
4 617
-
-
Income
76 000
76 000
76 000
76 000
Total tax
24 376
19 056
27 812
19 412
After tax
51 624
56 944
48 188
56 588
Living cost
35 016
35 016
35 016
35 016
Free-cash
16 608
21 928
13 172
21 572

Estimated living cost  is ₽35016 per week

₽24021
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3220
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽438
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7335
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽16630
₽15533
₽29501
₽2662
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
242
income
-
-
-
17 051
other
-
-
-
354
health
-
-
-
2 086
pensions
-
-
-
3 980
total
-
-
-
23 713
Employee
35 844
-
63 133
-
pensions
4 036
-
7 109
-
income
4 917
-
10 477
-
health
4 104
-
7 229
-
total
13 057
-
24 815
-
Employer
35 844
-
63 133
-
pensions
5 828
-
10 265
-
accident
599
-
1 054
-
unemployment
878
-
1 547
-
total
7 305
-
12 866
-
Corporate
32 852
76 000
-
-
income

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

29 566
68 400
-
-
total
29 566
68 400
-
-
Dividends
3 285
7 600
-
-
withholding
624
1 444
-
-
total
624
1 444
-
-
Income
76 000
76 000
76 000
76 000
Total tax
50 552
69 844
37 681
23 713
After tax
25 448
6 156
38 319
52 287
Living cost
22 786
22 786
22 786
22 786
Free-cash
2 662
-16 630
15 533
29 501

Estimated living cost  is ₽22786 per week

₽16723
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1328
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽459
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4277
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽51870
₽31377
₽31201
₽47287
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

Sole-trader should pay social contributions from a minimum of 50% of an average salary to a maximum of twelve average salaries. The minimum personal income for the first year should be at least 50% of an average salary.

-
-
-
76 000
income
-
-
-
11 169
unemployment
-
-
-
912
work injury
-
-
-
380
health insurance
-
-
-
5 624
pensions
-
-
-
13 984
total
-
-
-
32 069
Employee

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

20 368
-
76 000
-
health insurance
1 507
-
5 577
-
unemployment
244
-
904
-
work injury
102
-
377
-
pensions
3 748
-
13 866
-
income
2 037
-
11 169
-
total
7 638
-
31 893
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
55 632
76 000
-
-
income

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

-
-
-
-
total
-
-
-
-
Dividends
55 632
76 000
-
-
withholding
8 345
11 400
-
-
total
8 345
11 400
-
-
Income
76 000
76 000
76 000
76 000
Total tax
15 983
11 400
31 893
32 069
After tax
60 017
64 600
44 107
43 931
Living cost
12 730
12 730
12 730
12 730
Free-cash
47 287
51 870
31 377
31 201

Estimated living cost  is ₽12730 per week

₽7886
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽925
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽397
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3521
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Skopje model

Close
Rome , Italy
₽2496
-₽1287
₽2190
-₽3395
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 000
social contributions
-
-
-
19 547
regional
-
-
-
1 349
municipal
-
-
-
508
national
-
-
-
14 872
total
-
-
-
36 276
Employee
79 393
-
76 000
-
municipal
474
-
454
-
national
13 417
-
12 562
-
regional
1 199
-
1 111
-
social contributions
26 771
-
25 626
-
total
41 861
-
39 753
-
Employer
79 393
-
76 000
-
total
-
-
-
-
Corporate
-
76 000
-
-
municipal
-
3 663
-
-
nationa
-
18 241
-
-
total
-
21 904
-
-
Dividends
-
54 096
-
-
withholding
-
14 066
-
-
total
-
14 066
-
-
Income
76 000
76 000
76 000
76 000
Total tax
41 861
35 970
39 753
36 276
After tax
34 139
40 030
36 247
39 724
Living cost
37 534
37 534
37 534
37 534
Free-cash
-3 395
2 496
-1 287
2 190

Estimated living cost  is ₽37534 per week

₽26365
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2582
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽567
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8019
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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