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
₽ 76500
per

Your estimated
City
free-cash

Dresden , Germany
₽20199
₽27230
₽22241
₽9536
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
76 500
surtax

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

-
-
-
703
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.

-
-
-
6 587
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.

-
-
-
12 778
trade
-
-
-
4 989
total
-
-
-
25 057
Employee

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

36 875
-
76 500
-
income

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

1 030
-
12 778
-
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.

57
-
703
-
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.

6 587
-
6 587
-
total
7 674
-
20 068
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
39 625
76 500
-
-
surtax

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

327
631
-
-
chamber of commerce
203
256
-
-
income
5 944
11 475
-
-
trade
6 241
12 050
-
-
total
12 715
24 412
-
-
Dividends
26 909
52 088
-
-
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.

349
695
-
-
withholding
6 361
12 655
-
-
total
6 710
13 350
-
-
Income
76 500
76 500
76 500
76 500
Total tax
27 099
37 762
20 068
25 057
After tax
49 401
38 738
56 432
51 443
Living cost
29 202
29 202
29 202
29 202
Free-cash
20 199
9 536
27 230
22 241

Estimated living cost  is ₽29202 per week

₽18369
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3405
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.
₽6883
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽13734
-₽5668
-₽6268
-₽5630
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 500
national
-
-
-
11 791
pensions
-
-
-
9 180
municipal
-
-
-
7 609
social contributions
-
-
-
822
total
-
-
-
29 402
Employee
82 728
-
66 134
-
pensions
3 309
-
2 645
-
national
15 834
-
12 250
-
municipal
10 218
-
7 905
-
total
29 361
-
22 800
-
Employer
82 728
-
66 134
-
social contributions
889
-
711
-
pensions
6 618
-
5 291
-
total
7 507
-
6 002
-
Corporate
-
76 500
-
-
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%.

-
15 300
-
-
total
-
15 300
-
-
Dividends
-
61 200
-
-
withholding
-
13 464
-
-
total
-
13 464
-
-
Income
76 500
76 500
76 500
76 500
Total tax
36 868
28 764
28 802
29 402
After tax
39 632
47 736
47 698
47 098
Living cost
53 366
53 366
53 366
53 366
Free-cash
-13 734
-5 630
-5 668
-6 268

Estimated living cost  is ₽53366 per week

₽36273
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4961
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽799
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11334
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽33234
₽23288
₽21007
₽41141
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
76 500
surtax
-
-
-
-
income
-
-
-
10 840
microenterprise
-
-
-
-
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.

-
-
-
24 595
total
-
-
-
35 435
Employee
28 172
-
61 649
-
income
5 015
-
11 521
-
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.

3 099
-
6 782
-
total
8 114
-
18 303
-
Employer
28 172
-
61 649
-
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.

6 786
-
14 851
-
surtax
-
-
-
-
total
6 786
-
14 851
-
Corporate
41 542
76 500
-
-
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%.

8 308
15 301
-
-
total
8 308
15 301
-
-
Dividends

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

33 234
61 199
-
-
total
-
-
-
-
Income
76 500
76 500
76 500
76 500
Total tax
23 208
15 301
33 154
35 435
After tax
53 292
61 199
43 346
41 065
Living cost
20 058
20 058
20 058
20 058
Free-cash
33 234
41 141
23 288
21 007

Estimated living cost  is ₽20058 per week

₽12796
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1910
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽456
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4896
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽19238
-₽19238
₽3147
-₽13826
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 500
pensions
-
-
-
11 296
health
-
-
-
10 416
income
-
-
-
11 253
total
-
-
-
32 965
Employee
82 331
82 331
82 331
-
income

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

13 476
13 476
13 476
-
pensions
14 820
11 296
14 820
-
health
12 637
10 749
12 637
-
total
40 933
35 521
40 933
-
Employer
82 331
82 331
82 331
-
unemployment
2 964
2 964
2 964
-
health
5 723
5 723
5 723
-
pensions
5 730
5 730
5 730
-
total
14 417
14 417
14 417
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
76 500
76 500
76 500
76 500
Total tax
55 350
49 938
55 350
32 965
After tax
21 150
26 562
21 150
43 535
Living cost
40 388
40 388
40 388
40 388
Free-cash
-19 238
-13 826
-19 238
3 147

Estimated living cost  is ₽40388 per week

₽28622
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3641
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽642
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7483
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽2379
₽2327
-₽391
₽3244
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 500
unemployment
-
-
-
77
accident
-
-
-
153
national
-
-
-
-
pensions
-
-
-
8 270
health
-
-
-
4 774
municipal
-
-
-
16 203
other
-
-
-
8 889
total
-
-
-
38 366
Employee
54 895
-
58 210
-
national
-
-
-
-
municipal
16 370
-
17 358
-
total
16 370
-
17 358
-
Employer
54 895
-
58 210
-
accident
110
-
116
-
unemployment
1 449
-
1 537
-
health
3 376
-
3 580
-
pensions
5 934
-
6 293
-
other
6 379
-
6 764
-
total
17 248
-
18 290
-
Corporate
4 357
76 500
-
-
income
959
16 830
-
-
total
959
16 830
-
-
Dividends
3 398
59 670
-
-
withholding
1 019
17 901
-
-
total
1 019
17 901
-
-
Income
76 500
76 500
76 500
76 500
Total tax
35 596
34 731
35 648
38 366
After tax
40 904
41 769
40 852
38 134
Living cost
38 525
38 525
38 525
38 525
Free-cash
2 379
3 244
2 327
-391

Estimated living cost  is ₽38525 per week

₽25533
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3780
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽585
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8627
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽14017
₽18558
₽13347
₽472
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
76 500
surtax

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

-
-
-
703
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.

-
-
-
6 587
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.

-
-
-
12 778
trade
-
-
-
5 211
total
-
-
-
25 279
Employee

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

48 892
-
76 500
-
income

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

4 201
-
12 778
-
surtax

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

231
-
703
-
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.

6 587
-
6 587
-
total
11 019
-
20 068
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
27 608
76 500
-
-
surtax

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

227
631
-
-
chamber of commerce
185
254
-
-
income
4 140
11 475
-
-
trade
4 541
12 584
-
-
total
9 093
24 944
-
-
Dividends
18 515
51 555
-
-
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.

234
688
-
-
withholding
4 263
12 522
-
-
total
4 497
13 210
-
-
Income
76 500
76 500
76 500
76 500
Total tax
24 609
38 154
20 068
25 279
After tax
51 891
38 346
56 432
51 221
Living cost
37 874
37 874
37 874
37 874
Free-cash
14 017
472
18 558
13 347

Estimated living cost  is ₽37874 per week

₽25331
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3994
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽565
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7984
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽20844
₽24233
₽25388
₽23427
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 500
health
-
-
-
1 950
income
-
-
-
5 957
social contributions
-
-
-
11 934
total
-
-
-
19 841
Employee
74 136
74 136
74 136
-
income
7 785
6 863
7 002
-
social contributions
3 602
6 153
5 765
-
health
737
1 261
1 180
-
total
12 124
14 277
13 947
-
Employer
74 136
74 136
74 136
-
social contributions
3 602
6 153
5 765
-
health
803
1 372
1 284
-
total
4 405
7 525
7 049
-
Corporate
28 699
-
-
-
income
3 588
-
-
-
total
3 588
-
-
-
Dividends
25 111
-
-
-
withholding
4 268
-
-
-
total
4 268
-
-
-
Income
76 500
76 500
76 500
76 500
Total tax
24 385
21 802
20 996
19 841
After tax
52 115
54 698
55 504
56 659
Living cost
31 271
31 271
31 271
31 271
Free-cash
20 844
23 427
24 233
25 388

Estimated living cost  is ₽31271 per week

₽21377
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2442
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6927
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽24798
₽25560
₽34208
₽24406
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 500
unemployment
-
-
-
1 147
pensions
-
-
-
7 650
health
-
-
-
5 355
income
-
-
-
9 352
total
-
-
-
23 504
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.

27 121
10 794
64 017
-
income
3 316
1 320
7 826
-
pensions
2 712
1 079
6 402
-
unemployment
407
162
960
-
health
1 898
756
4 481
-
total
8 333
3 317
19 669
-
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.

27 121
10 794
64 017
-
pensions
5 289
2 105
12 483
-
total
5 289
2 105
12 483
-
Corporate
44 091
63 602
-
-
income
3 968
5 724
-
-
total
3 968
5 724
-
-
Dividends
40 122
57 877
-
-
social contributions
7 701
11 163
-
-
withholding
7 623
10 997
-
-
total
15 324
22 160
-
-
Income
76 500
76 500
76 500
76 500
Total tax
32 914
33 306
32 152
23 504
After tax
43 586
43 194
44 348
52 996
Living cost
18 788
18 788
18 788
18 788
Free-cash
24 798
24 406
25 560
34 208

Estimated living cost  is ₽18788 per week

₽12821
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1537
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽375
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4054
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽31924
₽20808
₽17715
₽37912
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 500
pensions
-
-
-
15 301
health
-
-
-
9 946
income
-
-
-
10 251
total
-
-
-
35 498
Employee
27 350
-
57 174
-
income
3 079
-
11 023
-
pensions
547
-
1 143
-
unemployment
437
-
915
-
total
4 063
-
13 081
-
Employer
27 350
-
57 174
-
unemployment
220
-
457
-
health
3 555
-
7 432
-
pensions
5 470
-
11 435
-
total
9 245
-
19 324
-
Corporate
39 905
76 500
-
-
income
7 981
15 301
-
-
total
7 981
15 301
-
-
Dividends
31 924
61 199
-
-
total
-
-
-
-
Income
76 500
76 500
76 500
76 500
Total tax
21 289
15 301
32 405
35 498
After tax
55 211
61 199
44 095
41 002
Living cost
23 287
23 287
23 287
23 287
Free-cash
31 924
37 912
20 808
17 715

Estimated living cost  is ₽23287 per week

₽15972
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1387
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽468
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5459
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽2998
₽17643
₽31777
-₽14649
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 500
accident
-
-
-
239
pensions
-
-
-
3 942
health
-
-
-
2 066
income
-
-
-
17 279
other
-
-
-
351
total
-
-
-
23 877
Employee
32 791
-
63 549
-
income
4 499
-
10 628
-
pensions
3 692
-
7 155
-
health
3 755
-
7 277
-
total
11 946
-
25 060
-
Employer
32 791
-
63 549
-
accident
547
-
1 061
-
unemployment
803
-
1 557
-
pensions
5 332
-
10 333
-
total
6 682
-
12 951
-
Corporate
37 026
76 500
-
-
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.

33 324
68 850
-
-
total
33 324
68 850
-
-
Dividends
3 702
7 650
-
-
withholding
704
1 453
-
-
total
704
1 453
-
-
Income
76 500
76 500
76 500
76 500
Total tax
52 656
70 303
38 011
23 877
After tax
23 844
6 197
38 489
52 623
Living cost
20 846
20 846
20 846
20 846
Free-cash
2 998
-14 649
17 643
31 777

Estimated living cost  is ₽20846 per week

₽15278
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1155
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽435
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3978
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62519
₽52647
₽67182
₽64122
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
76 500
microenterprise

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

-
-
-
765
total
-
-
-
765
Employee
10 691
-
76 500
-
income
2 138
-
15 300
-
total
2 138
-
15 300
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

65 809
76 500
-
-
total
-
-
-
-
Dividends
65 809
76 500
-
-
withholding
3 290
3 825
-
-
total
3 290
3 825
-
-
Income
76 500
76 500
76 500
76 500
Total tax
5 428
3 825
15 300
765
After tax
71 072
72 675
61 200
75 735
Living cost
8 553
8 553
8 553
8 553
Free-cash
62 519
64 122
52 647
67 182

Estimated living cost  is ₽8553 per week

₽5300
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽711
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽235
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2306
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽24003
₽19150
₽15733
₽30514
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 500
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.

-
-
-
18 360
health
-
-
-
3 366
income
-
-
-
9 717
other
-
-
-
3 634
total
-
-
-
35 077
Employee
35 006
-
61 102
-
income
6 027
-
10 518
-
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.

2 450
-
4 278
-
unemployment
349
-
611
-
health
490
-
856
-
total
9 316
-
16 263
-
Employer
35 006
-
61 102
-
accident
280
-
488
-
unemployment
349
-
611
-
health
490
-
856
-
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.

5 952
-
10 388
-
other
1 751
-
3 054
-
total
8 822
-
15 397
-
Corporate
32 672
76 500
-
-
income
6 861
16 066
-
-
total
6 861
16 066
-
-
Dividends
25 811
60 434
-
-
withholding
1 808
4 230
-
-
total
1 808
4 230
-
-
Income
76 500
76 500
76 500
76 500
Total tax
26 807
20 296
31 660
35 077
After tax
49 693
56 204
44 840
41 423
Living cost
25 690
25 690
25 690
25 690
Free-cash
24 003
30 514
19 150
15 733

Estimated living cost  is ₽25690 per week

₽18151
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1734
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽413
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5390
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽28835
-₽16873
-₽8475
-₽8158
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 500
pensions
-
-
-
5 250
income
-
-
-
14 250
total
-
-
-
19 500
Employee
92 637
-
67 714
-
income
16 699
-
12 150
-
pensions
8 937
-
5 946
-
health
1 527
-
1 016
-
total
27 163
-
19 112
-
Employer
92 637
-
67 714
-
health
1 759
-
1 287
-
pensions
10 938
-
7 499
-
total
12 697
-
8 786
-
Corporate
-
76 500
-
-
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.

-
14 534
-
-
total
-
14 534
-
-
Dividends
-
61 966
-
-
withholding
-
4 649
-
-
total
-
4 649
-
-
Income
76 500
76 500
76 500
76 500
Total tax
39 860
19 183
27 898
19 500
After tax
36 640
57 317
48 602
57 000
Living cost
65 475
65 475
65 475
65 475
Free-cash
-28 835
-8 158
-16 873
-8 475

Estimated living cost  is ₽65475 per week

₽49062
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7693
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.
₽8189
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽47674
₽44545
₽42616
₽52313
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 500
unemployment
-
-
-
140
pensions

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

-
-
-
5 163
health
-
-
-
4 012
income
-
-
-
11 475
total
-
-
-
20 790
Employee
17 338
-
69 656
-
income
1 734
-
6 965
-
pensions

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

1 522
-
3 063
-
accident

We are using the highest rate at 1.1%.

191
-
384
-
health
797
-
1 605
-
total
4 244
-
12 017
-
Employer
17 338
-
69 656
-
accident

We are using the highest rate at 1.1%.

191
-
384
-
unemployment
104
-
209
-
health
1 197
-
2 407
-
pensions

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

1 911
-
3 844
-
total
3 403
-
6 844
-
Corporate
55 760
76 500
-
-
income
5 576
7 650
-
-
total
5 576
7 650
-
-
Dividends
50 184
68 850
-
-
withholding
2 509
3 443
-
-
total
2 509
3 443
-
-
Income
76 500
76 500
76 500
76 500
Total tax
15 732
11 093
18 861
20 790
After tax
60 768
65 407
57 639
55 710
Living cost
13 094
13 094
13 094
13 094
Free-cash
47 674
52 313
44 545
42 616

Estimated living cost  is ₽13094 per week

₽7644
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽935
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽347
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4168
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽28535
-₽32312
-₽9927
-₽26900
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 500
pensions
-
-
-
11 296
health
-
-
-
10 416
income
-
-
-
11 253
total
-
-
-
32 965
Employee
89 385
82 331
82 331
-
income

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

13 476
13 476
13 476
-
pensions
11 296
11 296
14 820
-
health
11 151
10 749
12 637
-
total
35 923
35 521
40 933
-
Employer
89 385
82 331
82 331
-
unemployment
3 218
2 964
2 964
-
health
6 211
5 723
5 723
-
pensions
6 221
5 730
5 730
-
total
15 650
14 417
14 417
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
76 500
76 500
76 500
76 500
Total tax
51 573
49 938
55 350
32 965
After tax
24 927
26 562
21 150
43 535
Living cost
53 462
53 462
53 462
53 462
Free-cash
-28 535
-26 900
-32 312
-9 927

Estimated living cost  is ₽53462 per week

₽39437
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4775
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽613
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8637
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽20341
₽14993
₽13431
₽28842
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 500
health
-
-
-
10 328
solidarity contribution
-
-
-
-
income
-
-
-
6 575
social contributions
-
-
-
22 338
total
-
-
-
39 241
Employee
35 042
-
57 090
-
solidarity contribution
-
-
-
-
income
4 205
-
6 851
-
social contributions
2 278
-
3 711
-
health
4 731
-
7 707
-
total
11 214
-
18 269
-
Employer
35 042
-
57 090
-
social contributions
8 760
-
14 272
-
health
3 154
-
5 138
-
total
11 914
-
19 410
-
Corporate
29 544
76 500
-
-
income
5 613
14 535
-
-
total
5 613
14 535
-
-
Dividends
23 931
61 965
-
-
withholding
3 590
9 295
-
-
total
3 590
9 295
-
-
Income
76 500
76 500
76 500
76 500
Total tax
32 331
23 830
37 679
39 241
After tax
44 169
52 670
38 821
37 259
Living cost
23 828
23 828
23 828
23 828
Free-cash
20 341
28 842
14 993
13 431

Estimated living cost  is ₽23828 per week

₽16551
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.
₽469
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5113
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽9184
-₽3681
₽19
₽134
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 500
national
-
-
-
14 860
regional
-
-
-
810
municipal
-
-
-
454
social contributions
-
-
-
19 675
total
-
-
-
35 799
Employee
85 684
-
76 500
-
regional
808
-
705
-
national
14 847
-
12 593
-
social contributions
28 893
-
25 795
-
municipal
454
-
406
-
total
45 002
-
39 499
-
Employer
85 684
-
76 500
-
total
-
-
-
-
Corporate
-
76 500
-
-
nationa
-
18 360
-
-
municipal
-
2 984
-
-
total
-
21 344
-
-
Dividends
-
55 156
-
-
withholding
-
14 340
-
-
total
-
14 340
-
-
Income
76 500
76 500
76 500
76 500
Total tax
45 002
35 684
39 499
35 799
After tax
31 498
40 816
37 001
40 701
Living cost
40 682
40 682
40 682
40 682
Free-cash
-9 184
134
-3 681
19

Estimated living cost  is ₽40682 per week

₽28359
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2668
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽9031
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽23843
₽18490
₽20126
₽26845
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 500
unemployment
-
-
-
220
surtax
-
-
-
1 279
pensions
-
-
-
15 301
health
-
-
-
5 432
income
-
-
-
12 867
other
-
-
-
-
total
-
-
-
35 099
Employee
31 883
-
63 197
-
other
-
-
-
-
income
5 344
-
12 068
-
pensions
2 126
-
4 215
-
surtax
104
-
1 142
-
unemployment
2 219
-
4 398
-
health
814
-
1 612
-
total
10 607
-
23 435
-
Employer
31 883
-
63 197
-
unemployment
1 010
-
2 003
-
health
1 451
-
2 874
-
pensions
4 250
-
8 423
-
other
-
-
-
-
total
6 711
-
13 300
-
Corporate
37 906
76 500
-
-
income
9 856
19 889
-
-
total
9 856
19 889
-
-
Dividends
28 050
56 611
-
-
withholding
4 208
8 491
-
-
total
4 208
8 491
-
-
Income
76 500
76 500
76 500
76 500
Total tax
31 382
28 380
36 735
35 099
After tax
45 118
48 120
39 765
41 401
Living cost
21 275
21 275
21 275
21 275
Free-cash
23 843
26 845
18 490
20 126

Estimated living cost  is ₽21275 per week

₽13008
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1963
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.
₽5813
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽4884
₽3871
₽12269
₽12586
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 500
pensions
-
-
-
5 250
income
-
-
-
14 250
total
-
-
-
19 500
Employee
62 083
-
67 714
-
income
11 181
-
12 150
-
pensions
5 269
-
5 946
-
health
901
-
1 016
-
total
17 351
-
19 112
-
Employer
62 083
-
67 714
-
health
1 179
-
1 287
-
pensions
6 720
-
7 499
-
total
7 899
-
8 786
-
Corporate
6 517
76 500
-
-
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.

1 238
14 534
-
-
total
1 238
14 534
-
-
Dividends
5 280
61 966
-
-
withholding
397
4 649
-
-
total
397
4 649
-
-
Income
76 500
76 500
76 500
76 500
Total tax
26 885
19 183
27 898
19 500
After tax
49 615
57 317
48 602
57 000
Living cost
44 731
44 731
44 731
44 731
Free-cash
4 884
12 586
3 871
12 269

Estimated living cost  is ₽44731 per week

₽33512
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3353
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽468
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7398
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽21376
-₽15856
-₽11940
-₽41380
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 500
national
-
-
-
309
pensions
-
-
-
7 037
health
-
-
-
249
regional
-
-
-
2 148
city
-
-
-
806
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.

-
-
-
1 530
total
-
-
-
12 079
Employee
89 362
-
68 473
-
pensions
7 508
-
5 750
-
regional
2 926
-
1 824
-
national
423
-
257
-
unemployment
-
-
-
-
health
202
-
155
-
city
959
-
735
-
total
12 018
-
8 721
-
Employer
89 362
-
68 473
-
unemployment
-
-
-
-
health
202
-
155
-
pensions
7 508
-
5 750
-
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.

1 787
-
1 369
-
total
9 497
-
7 274
-
Corporate
-
76 500
-
-
national
-
6 503
-
-
regional
-
16 180
-
-
total
-
22 683
-
-
Dividends
-
53 816
-
-
withholding
-
18 836
-
-
total
-
18 836
-
-
Income
76 500
76 500
76 500
76 500
Total tax
21 515
41 519
15 995
12 079
After tax
54 985
34 981
60 505
64 421
Living cost
76 361
76 361
76 361
76 361
Free-cash
-21 376
-41 380
-15 856
-11 940

Estimated living cost  is ₽76361 per week

₽49656
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6853
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽937
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18914
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽9417
₽12265
₽6833
-₽6215
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
76 500
surtax

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

-
-
-
703
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.

-
-
-
6 587
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.

-
-
-
12 778
trade
-
-
-
5 432
total
-
-
-
25 500
Employee

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

57 941
-
76 500
-
income

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

6 813
-
12 778
-
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.

375
-
703
-
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.

6 587
-
6 587
-
total
13 775
-
20 068
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
18 559
76 500
-
-
surtax

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

154
631
-
-
chamber of commerce
172
254
-
-
income
2 785
11 475
-
-
trade
3 183
13 120
-
-
total
6 294
25 480
-
-
Dividends
12 265
51 019
-
-
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.

148
681
-
-
withholding
2 700
12 388
-
-
total
2 848
13 069
-
-
Income
76 500
76 500
76 500
76 500
Total tax
22 917
38 549
20 068
25 500
After tax
53 583
37 951
56 432
51 000
Living cost
44 166
44 166
44 166
44 166
Free-cash
9 417
-6 215
12 265
6 833

Estimated living cost  is ₽44166 per week

₽32257
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3533
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽574
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽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 Munich model

Close
Nice , France
₽11266
₽12330
₽11442
₽5569
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 500
surtax
-
-
-
-
pensions
-
-
-
22 537
health
-
-
-
660
income
-
-
-
4 325
social contributions
-
-
-
2 179
other
-
-
-
2 371
total
-
-
-
32 072
Employee
41 263
-
58 297
-
income
2 435
-
4 726
-
pensions
4 665
-
6 594
-
surtax
-
-
-
-
social contributions
1 176
-
1 661
-
total
8 276
-
12 981
-
Employer
41 263
-
58 297
-
unemployment
1 670
-
2 360
-
social contributions
124
-
176
-
health
2 889
-
4 080
-
pensions
6 779
-
9 576
-
other
1 423
-
2 011
-
total
12 885
-
18 203
-
Corporate
22 352
76 500
-
-
surtax
-
-
-
-
income
6 259
21 421
-
-
total
6 259
21 421
-
-
Dividends
16 093
55 079
-
-
surtax
-
-
-
-
social contributions
2 768
9 475
-
-
withholding
2 060
7 049
-
-
total
4 828
16 524
-
-
Income
76 500
76 500
76 500
76 500
Total tax
32 248
37 945
31 184
32 072
After tax
44 252
38 555
45 316
44 428
Living cost
32 986
32 986
32 986
32 986
Free-cash
11 266
5 569
12 330
11 442

Estimated living cost  is ₽32986 per week

₽20799
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2682
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽562
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8945
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽14196
₽15599
₽14711
₽8838
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 500
surtax
-
-
-
-
pensions
-
-
-
22 537
health
-
-
-
660
income
-
-
-
4 325
social contributions
-
-
-
2 179
other
-
-
-
2 371
total
-
-
-
32 072
Employee
36 833
-
58 297
-
income
1 899
-
4 726
-
pensions
4 166
-
6 594
-
surtax
-
-
-
-
social contributions
1 050
-
1 661
-
total
7 115
-
12 981
-
Employer
36 833
-
58 297
-
unemployment
1 491
-
2 360
-
social contributions
110
-
176
-
health
2 578
-
4 080
-
pensions
6 052
-
9 576
-
other
1 272
-
2 011
-
total
11 503
-
18 203
-
Corporate
28 165
76 500
-
-
surtax
-
-
-
-
income
7 886
21 421
-
-
total
7 886
21 421
-
-
Dividends
20 279
55 079
-
-
surtax
-
-
-
-
social contributions
3 487
9 475
-
-
withholding
2 596
7 049
-
-
total
6 083
16 524
-
-
Income
76 500
76 500
76 500
76 500
Total tax
32 587
37 945
31 184
32 072
After tax
43 913
38 555
45 316
44 428
Living cost
29 717
29 717
29 717
29 717
Free-cash
14 196
8 838
15 599
14 711

Estimated living cost  is ₽29717 per week

₽17235
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3019
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽564
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8901
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽26730
₽29846
₽28683
₽26226
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 500
health
-
-
-
5 341
income
-
-
-
11 475
social contributions
-
-
-
10 557
total
-
-
-
27 373
Employee
32 689
-
76 500
-
income
5 452
-
10 312
-
social contributions
4 512
-
10 557
-
health
2 281
-
5 341
-
total
12 245
-
26 210
-
Employer
32 689
-
76 500
-
total
-
-
-
-
Corporate
43 811
76 500
-
-
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%.

2 190
3 826
-
-
total
2 190
3 826
-
-
Dividends
41 621
72 674
-
-
social contributions
5 743
10 030
-
-
withholding
6 243
10 901
-
-
health
2 905
5 073
-
-
total
14 891
26 004
-
-
Income
76 500
76 500
76 500
76 500
Total tax
29 326
29 830
26 210
27 373
After tax
47 174
46 670
50 290
49 127
Living cost
20 444
20 444
20 444
20 444
Free-cash
26 730
26 226
29 846
28 683

Estimated living cost  is ₽20444 per week

₽13682
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.
₽470
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5030
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽7757
-₽8004
₽6736
₽9246
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 500
unemployment
-
-
-
5 913
surtax
-
-
-
190
pensions
-
-
-
14 152
health
-
-
-
5 853
income
-
-
-
9 378
chamber of commerce
-
-
-
306
total
-
-
-
35 792
Employee
48 182
38 421
59 254
-
other
481
384
593
-
income
5 485
2 834
8 659
-
pensions
4 934
3 934
6 067
-
unemployment
1 445
1 153
1 778
-
health
1 864
1 487
2 292
-
total
14 209
9 792
19 389
-
Employer
48 182
38 421
59 254
-
chamber of commerce
192
154
238
-
surtax
190
190
190
-
accident
626
499
770
-
payroll
1 445
1 153
1 778
-
unemployment
1 445
1 153
1 778
-
health
1 820
1 453
2 239
-
pensions
6 047
4 823
7 437
-
other
2 289
1 824
2 814
-
total
14 054
11 249
17 244
-
Corporate
14 263
26 830
55 595
-
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.

3 566
6 707
13 899
-
total
3 566
6 707
13 899
-
Dividends
10 697
20 123
-
-
withholding
2 942
5 534
-
-
total
2 942
5 534
-
-
Income
76 500
76 500
76 500
76 500
Total tax
34 771
33 282
50 532
35 792
After tax
41 729
43 218
25 968
40 708
Living cost
33 972
33 972
33 972
33 972
Free-cash
7 757
9 246
-8 004
6 736

Estimated living cost  is ₽33972 per week

₽22658
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2898
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽558
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7858
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽12538
-₽4137
₽2787
₽7823
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 500
national
-
-
-
23 762
communal

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

-
-
-
3 939
social contributions
-
-
-
10 859
total
-
-
-
38 560
Employee

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

68 964
-
59 252
-
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.

5 172
-
4 444
-
communal

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

3 597
-
3 090
-
national
21 202
-
17 402
-
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.

600
-
516
-
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.

3 240
-
2 785
-
total
33 811
-
28 237
-
Employer

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

68 964
-
59 252
-
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.

896
-
770
-
unemployment

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

1 006
-
865
-
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.

4 241
-
3 645
-
pensions

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

6 111
-
5 249
-
surtax
7 820
-
6 718
-
total
20 074
-
17 247
-
Corporate
-
76 500
-
-
surtax
-
306
-
-
income
-
15 301
-
-
total
-
15 607
-
-
Dividends
-
60 894
-
-
withholding

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

-
17 917
-
-
total
-
17 917
-
-
Income
76 500
76 500
76 500
76 500
Total tax
53 885
33 524
45 484
38 560
After tax
22 615
42 976
31 016
37 940
Living cost
35 153
35 153
35 153
35 153
Free-cash
-12 538
7 823
-4 137
2 787

Estimated living cost  is ₽35153 per week

₽22643
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3074
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.
₽8886
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽9090
₽6565
₽6023
₽16771
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 500
unemployment
-
-
-
536
accident
-
-
-
688
pensions
-
-
-
21 649
income
-
-
-
12 709
other
-
-
-
77
total
-
-
-
35 659
Employee
47 991
-
58 007
-
other
48
-
59
-
income
10 126
-
12 942
-
pensions
2 256
-
2 726
-
unemployment
745
-
898
-
total
13 175
-
16 625
-
Employer
47 991
-
58 007
-
accident
950
-
1 149
-
unemployment
2 640
-
3 191
-
pensions
11 325
-
13 689
-
other
382
-
463
-
total
15 297
-
18 492
-
Corporate
13 212
76 500
-
-
income

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

1 981
11 475
-
-
total
1 981
11 475
-
-
Dividends
11 230
65 025
-
-
withholding
2 139
13 436
-
-
total
2 139
13 436
-
-
Income
76 500
76 500
76 500
76 500
Total tax
32 592
24 911
35 117
35 659
After tax
43 908
51 589
41 383
40 841
Living cost
34 818
34 818
34 818
34 818
Free-cash
9 090
16 771
6 565
6 023

Estimated living cost  is ₽34818 per week

₽25640
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2470
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽501
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6206
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽5234
-₽2719
-₽6628
-₽5050
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 500
accident
-
-
-
646
surtax
-
-
-
3 793
pensions
-
-
-
11 466
communal
-
-
-
4 836
health
-
-
-
5 375
income
-
-
-
4 618
total
-
-
-
30 734
Employee
73 011
-
68 335
-
income
7 052
-
5 963
-
pensions
5 840
-
5 467
-
surtax
4 475
-
4 188
-
health
3 249
-
3 041
-
total
20 616
-
18 659
-
Employer
73 011
-
68 335
-
accident
657
-
615
-
health
2 227
-
2 084
-
pensions
5 840
-
5 467
-
total
8 724
-
8 166
-
Corporate
-
76 500
-
-
surtax
-
803
-
-
communal
-
5 163
-
-
income
-
11 475
-
-
total
-
17 441
-
-
Dividends
-
59 059
-
-
income
-
2 856
-
-
withholding
-
8 859
-
-
total
-
11 715
-
-
Income
76 500
76 500
76 500
76 500
Total tax
29 340
29 156
26 825
30 734
After tax
47 160
47 344
49 675
45 766
Living cost
52 394
52 394
52 394
52 394
Free-cash
-5 234
-5 050
-2 719
-6 628

Estimated living cost  is ₽52394 per week

₽39303
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3174
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽554
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9360
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽23397
₽18110
₽19746
₽26465
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 500
unemployment
-
-
-
220
surtax
-
-
-
1 279
pensions
-
-
-
15 301
health
-
-
-
5 432
income
-
-
-
12 867
other
-
-
-
-
total
-
-
-
35 099
Employee
32 468
-
63 197
-
other
-
-
-
-
income
5 443
-
12 068
-
pensions
2 166
-
4 215
-
surtax
115
-
1 142
-
unemployment
2 260
-
4 398
-
health
829
-
1 612
-
total
10 813
-
23 435
-
Employer
32 468
-
63 197
-
unemployment
1 030
-
2 003
-
health
1 476
-
2 874
-
pensions
4 329
-
8 423
-
other
-
-
-
-
total
6 835
-
13 300
-
Corporate
37 197
76 500
-
-
income
9 671
19 889
-
-
total
9 671
19 889
-
-
Dividends
27 526
56 611
-
-
withholding
4 129
8 491
-
-
total
4 129
8 491
-
-
Income
76 500
76 500
76 500
76 500
Total tax
31 448
28 380
36 735
35 099
After tax
45 052
48 120
39 765
41 401
Living cost
21 655
21 655
21 655
21 655
Free-cash
23 397
26 465
18 110
19 746

Estimated living cost  is ₽21655 per week

₽13074
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1883
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽503
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6197
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽12098
₽10706
₽14387
₽14239
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 500
national
-
-
-
14 860
regional
-
-
-
1 153
municipal
-
-
-
454
social contributions
-
-
-
19 675
total
-
-
-
36 142
Employee
53 481
-
76 500
-
regional
720
-
1 029
-
national
8 473
-
12 593
-
social contributions
18 034
-
25 795
-
municipal
284
-
406
-
total
27 511
-
39 823
-
Employer
53 481
-
76 500
-
total
-
-
-
-
Corporate
23 019
76 500
-
-
nationa
5 525
18 360
-
-
municipal
1 143
3 802
-
-
total
6 668
22 162
-
-
Dividends
16 350
54 338
-
-
withholding
4 252
14 128
-
-
total
4 252
14 128
-
-
Income
76 500
76 500
76 500
76 500
Total tax
38 431
36 290
39 823
36 142
After tax
38 069
40 210
36 677
40 358
Living cost
25 971
25 971
25 971
25 971
Free-cash
12 098
14 239
10 706
14 387

Estimated living cost  is ₽25971 per week

₽16152
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2631
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.
₽6744
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽12833
₽9458
₽7896
₽23307
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 500
health
-
-
-
10 328
solidarity contribution
-
-
-
-
income
-
-
-
6 575
social contributions
-
-
-
22 338
total
-
-
-
39 241
Employee
43 181
-
57 090
-
solidarity contribution
-
-
-
-
income
5 182
-
6 851
-
social contributions
2 807
-
3 711
-
health
5 829
-
7 707
-
total
13 818
-
18 269
-
Employer
43 181
-
57 090
-
social contributions
10 795
-
14 272
-
health
3 886
-
5 138
-
total
14 681
-
19 410
-
Corporate
18 638
76 500
-
-
income
3 541
14 535
-
-
total
3 541
14 535
-
-
Dividends
15 097
61 965
-
-
withholding
2 264
9 295
-
-
total
2 264
9 295
-
-
Income
76 500
76 500
76 500
76 500
Total tax
34 304
23 830
37 679
39 241
After tax
42 196
52 670
38 821
37 259
Living cost
29 363
29 363
29 363
29 363
Free-cash
12 833
23 307
9 458
7 896

Estimated living cost  is ₽29363 per week

₽21836
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1627
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽508
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5392
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽12087
-₽4753
₽10139
₽12562
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 500
unemployment
-
-
-
5 913
surtax
-
-
-
-
pensions
-
-
-
14 152
health
-
-
-
5 853
income
-
-
-
9 378
chamber of commerce
-
-
-
306
total
-
-
-
35 602
Employee
42 144
38 421
59 404
-
other
421
384
595
-
income
3 754
2 834
8 702
-
pensions
4 316
3 934
6 083
-
unemployment
1 264
1 153
1 782
-
health
1 630
1 487
2 300
-
total
11 385
9 792
19 462
-
Employer
42 144
38 421
59 404
-
chamber of commerce
168
154
238
-
surtax
-
-
-
-
accident
547
499
772
-
payroll
1 264
1 153
1 782
-
unemployment
1 264
1 153
1 782
-
health
1 594
1 453
2 245
-
pensions
5 289
4 823
7 456
-
other
2 002
1 824
2 821
-
total
12 128
11 059
17 096
-
Corporate
22 228
27 021
55 745
-
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.

5 556
6 755
13 936
-
total
5 556
6 755
13 936
-
Dividends
16 671
20 266
-
-
withholding
4 585
5 573
-
-
total
4 585
5 573
-
-
Income
76 500
76 500
76 500
76 500
Total tax
33 654
33 179
50 494
35 602
After tax
42 846
43 321
26 006
40 898
Living cost
30 759
30 759
30 759
30 759
Free-cash
12 087
12 562
-4 753
10 139

Estimated living cost  is ₽30759 per week

₽18451
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3141
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.
₽8617
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽56848
₽47872
₽62407
₽59347
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
76 500
microenterprise

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

-
-
-
765
total
-
-
-
765
Employee
16 661
-
76 500
-
income
3 332
-
15 300
-
total
3 332
-
15 300
-
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%.

59 839
76 500
-
-
total
-
-
-
-
Dividends
59 839
76 500
-
-
withholding
2 992
3 825
-
-
total
2 992
3 825
-
-
Income
76 500
76 500
76 500
76 500
Total tax
6 324
3 825
15 300
765
After tax
70 176
72 675
61 200
75 735
Living cost
13 328
13 328
13 328
13 328
Free-cash
56 848
59 347
47 872
62 407

Estimated living cost  is ₽13328 per week

₽9019
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽559
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽447
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3302
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽18745
₽12402
₽14590
₽26812
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
76 500
unemployment
-
-
-
115
pensions
-
-
-
13 971
health
-
-
-
7 529
income
-
-
-
14 435
total
-
-
-
36 050
Employee

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

42 633
-
66 194
-
income
7 352
-
13 304
-
pensions
6 608
-
10 260
-
unemployment
60
-
93
-
health
2 754
-
4 276
-
total
16 774
-
27 933
-
Employer

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

42 633
-
66 194
-
unemployment
26
-
40
-
health
2 840
-
4 407
-
pensions
3 773
-
5 858
-
total
6 639
-
10 305
-
Corporate
27 229
76 500
-
-
income
5 174
14 534
-
-
total
5 174
14 534
-
-
Dividends
22 055
61 966
-
-
withholding
3 308
9 294
-
-
total
3 308
9 294
-
-
Income
76 500
76 500
76 500
76 500
Total tax
31 895
23 828
38 238
36 050
After tax
44 605
52 672
38 262
40 450
Living cost
25 860
25 860
25 860
25 860
Free-cash
18 745
26 812
12 402
14 590

Estimated living cost  is ₽25860 per week

₽17747
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1658
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽501
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5955
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽80528
₽17204
₽7426
₽1101
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 500
income
-
-
-
14 911
social contributions
-
-
-
8 721
total
-
-
-
23 632
Employee
65 157
-
-
-
income
14 372
-
-
-
social contributions
5 343
-
761
-
total
19 715
-
761
-
Employer
65 157
-
-
-
social contributions
91 871
-
13 093
-
total
91 871
-
13 093
-
Corporate
-
76 500
-
-
income
-
16 830
-
-
total
-
16 830
-
-
Dividends
-
59 670
-
-
income
-
13 127
-
-
total
-
13 127
-
-
Income
76 500
76 500
76 500
76 500
Total tax
111 586
29 957
13 854
23 632
After tax
-35 086
46 543
62 646
52 868
Living cost
45 442
45 442
45 442
45 442
Free-cash
-80 528
1 101
17 204
7 426

Estimated living cost  is ₽45442 per week

₽29484
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4274
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽579
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11104
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽12302
₽9924
₽13079
₽13271
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
76 500
surtax
-
-
-
-
income
-
-
-
6 596
social contributions

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

-
-
-
26 584
total
-
-
-
33 180
Employee
44 342
-
61 818
-
income
9 223
-
14 852
-
surtax
-
-
-
-
social contributions
4 878
-
6 801
-
total
14 101
-
21 653
-
Employer
44 342
-
61 818
-
social contributions
10 531
-
14 682
-
total
10 531
-
14 682
-
Corporate
21 627
76 500
-
-
surtax
-
-
-
-
income
4 541
16 066
-
-
total
4 541
16 066
-
-
Dividends
17 086
60 434
-
-
withholding
4 784
16 922
-
-
total
4 784
16 922
-
-
Income
76 500
76 500
76 500
76 500
Total tax
33 957
32 988
36 335
33 180
After tax
42 543
43 512
40 165
43 320
Living cost
30 241
30 241
30 241
30 241
Free-cash
12 302
13 271
9 924
13 079

Estimated living cost  is ₽30241 per week

₽22626
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1784
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽505
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5326
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽2743
-₽1249
-₽2137
-₽8010
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 500
surtax
-
-
-
-
pensions
-
-
-
22 537
health
-
-
-
660
income
-
-
-
4 325
social contributions
-
-
-
2 179
other
-
-
-
2 371
total
-
-
-
32 072
Employee
60 384
-
58 297
-
income
5 269
-
4 726
-
pensions
6 830
-
6 594
-
surtax
-
-
-
-
social contributions
1 720
-
1 661
-
total
13 819
-
12 981
-
Employer
60 384
-
58 297
-
unemployment
2 446
-
2 360
-
social contributions
181
-
176
-
health
4 226
-
4 080
-
pensions
9 922
-
9 576
-
other
2 084
-
2 011
-
total
18 859
-
18 203
-
Corporate
-
76 500
-
-
surtax
-
-
-
-
income
-
21 421
-
-
total
-
21 421
-
-
Dividends
-
55 079
-
-
surtax
-
-
-
-
social contributions
-
9 475
-
-
withholding
-
7 049
-
-
total
-
16 524
-
-
Income
76 500
76 500
76 500
76 500
Total tax
32 678
37 945
31 184
32 072
After tax
43 822
38 555
45 316
44 428
Living cost
46 565
46 565
46 565
46 565
Free-cash
-2 743
-8 010
-1 249
-2 137

Estimated living cost  is ₽46565 per week

₽31515
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3809
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽639
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10602
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽36630
₽32048
₽29900
₽39870
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 500
income
-
-
-
789
social contributions
-
-
-
16 830
total
-
-
-
17 619
Employee
30 995
-
66 234
-
income
-
-
900
-
social contributions
2 014
-
4 305
-
total
2 014
-
5 205
-
Employer
30 995
-
66 234
-
social contributions
4 804
-
10 266
-
total
4 804
-
10 266
-
Corporate
40 700
76 500
-
-
income
4 071
7 649
-
-
total
4 071
7 649
-
-
Dividends
36 629
68 851
-
-
total
-
-
-
-
Income
76 500
76 500
76 500
76 500
Total tax
10 889
7 649
15 471
17 619
After tax
65 611
68 851
61 029
58 881
Living cost
28 981
28 981
28 981
28 981
Free-cash
36 630
39 870
32 048
29 900

Estimated living cost  is ₽28981 per week

₽18739
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2185
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.
₽7512
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽133165
-₽133165
₽1945
-₽133165
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 500
national
-
-
-
7 813
pensions
-
-
-
834
municipal
-
-
-
13 510
labour market
-
-
-
6 053
total
-
-
-
28 210
Employee
195 610
195 610
195 610
-
labour market
15 627
15 627
15 627
-
pensions
278
278
278
-
national
23 897
23 897
23 897
-
municipal
41 654
41 654
41 654
-
total
81 456
81 456
81 456
-
Employer
195 610
195 610
195 610
-
labour market
15 649
15 649
15 649
-
national
23 939
23 939
23 939
-
municipal
41 720
41 720
41 720
-
pensions
556
556
556
-
total
81 864
81 864
81 864
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
76 500
76 500
76 500
76 500
Total tax
163 320
163 320
163 320
28 210
After tax
-86 820
-86 820
-86 820
48 290
Living cost
46 345
46 345
46 345
46 345
Free-cash
-133 165
-133 165
-133 165
1 945

Estimated living cost  is ₽46345 per week

₽31719
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4100
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽713
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9813
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽3048
₽17951
₽32085
-₽14341
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 500
accident
-
-
-
239
pensions
-
-
-
3 942
health
-
-
-
2 066
income
-
-
-
17 279
other
-
-
-
351
total
-
-
-
23 877
Employee
32 308
-
63 549
-
income
4 432
-
10 628
-
pensions
3 638
-
7 155
-
health
3 699
-
7 277
-
total
11 769
-
25 060
-
Employer
32 308
-
63 549
-
accident
539
-
1 061
-
unemployment
792
-
1 557
-
pensions
5 253
-
10 333
-
total
6 584
-
12 951
-
Corporate
37 608
76 500
-
-
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.

33 847
68 850
-
-
total
33 847
68 850
-
-
Dividends
3 761
7 650
-
-
withholding
714
1 453
-
-
total
714
1 453
-
-
Income
76 500
76 500
76 500
76 500
Total tax
52 914
70 303
38 011
23 877
After tax
23 586
6 197
38 489
52 623
Living cost
20 538
20 538
20 538
20 538
Free-cash
3 048
-14 341
17 951
32 085

Estimated living cost  is ₽20538 per week

₽14949
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1171
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽385
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4032
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽11215
₽8201
₽19382
₽15101
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
76 500
national
-
-
-
5 697
health
-
-
-
776
municipal
-
-
-
13 630
total
-
-
-
20 103
Employee
50 724
-
64 355
-
pensions
3 423
-
4 343
-
national
838
-
2 719
-
unemployment
761
-
966
-
municipal
8 308
-
10 522
-
health
379
-
589
-
total
13 709
-
19 139
-
Employer
50 724
-
64 355
-
accident
51
-
64
-
unemployment
329
-
419
-
health
390
-
496
-
pensions
8 800
-
11 166
-
total
9 570
-
12 145
-
Corporate
16 205
76 500
-
-
income
3 240
15 301
-
-
total
3 240
15 301
-
-
Dividends

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

9 724
45 899
-
-
national
-
821
-
-
municipal
1 751
8 262
-
-
total
1 751
9 083
-
-
Income
76 500
76 500
76 500
76 500
Total tax
28 270
24 384
31 284
20 103
After tax
48 230
52 116
45 216
56 397
Living cost
37 015
37 015
37 015
37 015
Free-cash
11 215
15 101
8 201
19 382

Estimated living cost  is ₽37015 per week

₽24178
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3560
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽589
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8689
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28544
₽33182
₽34337
₽32376
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 500
health
-
-
-
1 950
income
-
-
-
5 957
social contributions
-
-
-
11 934
total
-
-
-
19 841
Employee
74 136
74 136
74 136
-
income
8 072
6 863
7 002
-
social contributions
2 803
6 153
5 765
-
health
574
1 261
1 180
-
total
11 449
14 277
13 947
-
Employer
74 136
74 136
74 136
-
social contributions
2 803
6 153
5 765
-
health
624
1 372
1 284
-
total
3 427
7 525
7 049
-
Corporate
39 302
-
-
-
income
4 912
-
-
-
total
4 912
-
-
-
Dividends
34 389
-
-
-
withholding
5 846
-
-
-
total
5 846
-
-
-
Income
76 500
76 500
76 500
76 500
Total tax
25 634
21 802
20 996
19 841
After tax
50 866
54 698
55 504
56 659
Living cost
22 322
22 322
22 322
22 322
Free-cash
28 544
32 376
33 182
34 337

Estimated living cost  is ₽22322 per week

₽13378
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2190
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽494
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6261
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽43136
₽31944
₽44531
₽48043
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
76 500
unemployment
-
-
-
27
pensions
-
-
-
6 133
health
-
-
-
3 489
income
-
-
-
7 013
total
-
-
-
16 662
Employee

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

22 130
-
69 355
-
income
1 513
-
5 458
-
pensions
3 319
-
10 403
-
unemployment
110
-
348
-
health
1 881
-
5 895
-
total
6 823
-
22 104
-
Employer

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

22 130
-
69 355
-
unemployment
110
-
348
-
health
951
-
2 982
-
pensions
1 217
-
3 815
-
total
2 278
-
7 145
-
Corporate
52 092
76 500
-
-
income
4 689
6 885
-
-
total
4 689
6 885
-
-
Dividends
47 403
69 615
-
-
withholding
4 267
6 265
-
-
total
4 267
6 265
-
-
Income
76 500
76 500
76 500
76 500
Total tax
18 057
13 150
29 249
16 662
After tax
58 443
63 350
47 251
59 838
Living cost
15 307
15 307
15 307
15 307
Free-cash
43 136
48 043
31 944
44 531

Estimated living cost  is ₽15307 per week

₽9766
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1103
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽456
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3981
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽20021
₽14871
₽14329
₽25077
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 500
unemployment
-
-
-
536
accident
-
-
-
688
pensions
-
-
-
21 649
income
-
-
-
12 709
other
-
-
-
77
total
-
-
-
35 659
Employee
35 649
-
58 007
-
other
35
-
59
-
income
6 873
-
12 942
-
pensions
1 676
-
2 726
-
unemployment
553
-
898
-
total
9 137
-
16 625
-
Employer
35 649
-
58 007
-
accident
706
-
1 149
-
unemployment
1 961
-
3 191
-
pensions
8 412
-
13 689
-
other
285
-
463
-
total
11 364
-
18 492
-
Corporate
29 486
76 500
-
-
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.

4 422
11 475
-
-
total
4 422
11 475
-
-
Dividends
25 064
65 025
-
-
withholding
5 044
13 436
-
-
total
5 044
13 436
-
-
Income
76 500
76 500
76 500
76 500
Total tax
29 967
24 911
35 117
35 659
After tax
46 533
51 589
41 383
40 841
Living cost
26 512
26 512
26 512
26 512
Free-cash
20 021
25 077
14 871
14 329

Estimated living cost  is ₽26512 per week

₽17895
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2549
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽465
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5604
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽45801
₽46969
₽47087
₽46074
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 500
pensions
-
-
-
1 212
health
-
-
-
879
income
-
-
-
25 660
total
-
-
-
27 751
Employee
2 531
-
75 136
-
income
490
-
25 596
-
pensions
228
-
545
-
unemployment
25
-
61
-
health
127
-
303
-
total
870
-
26 505
-
Employer
2 531
-
75 136
-
unemployment
51
-
121
-
health
240
-
576
-
pensions
278
-
667
-
total
569
-
1 364
-
Corporate
73 399
76 500
-
-
income
16 148
16 830
-
-
total
16 148
16 830
-
-
Dividends
57 251
59 670
-
-
withholding
11 450
11 934
-
-
total
11 450
11 934
-
-
Income
76 500
76 500
76 500
76 500
Total tax
29 037
28 764
27 869
27 751
After tax
47 463
47 736
48 631
48 749
Living cost
1 662
1 662
1 662
1 662
Free-cash
45 801
46 074
46 969
47 087

Estimated living cost  is ₽1662 per week

₽988
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽135
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽38
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽501
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽33902
₽22976
₽21451
₽38634
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
76 500
unemployment
-
-
-
1 066
pensions
-
-
-
18 485
health
-
-
-
7 323
income
-
-
-
11 538
total
-
-
-
38 412
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.

25 087
-
64 885
-
income
3 458
-
12 359
-
pensions
3 512
-
9 084
-
unemployment
188
-
487
-
health
1 292
-
3 342
-
total
8 450
-
25 272
-
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.

25 087
-
64 885
-
unemployment
188
-
487
-
health
1 292
-
3 342
-
pensions
3 010
-
7 786
-
total
4 490
-
11 615
-
Corporate
46 922
76 500
-
-
income
7 038
11 475
-
-
total
7 038
11 475
-
-
Dividends
39 884
65 025
-
-
withholding
5 983
9 754
-
-
total
5 983
9 754
-
-
Income
76 500
76 500
76 500
76 500
Total tax
25 961
21 229
36 887
38 412
After tax
50 539
55 271
39 613
38 088
Living cost
16 637
16 637
16 637
16 637
Free-cash
33 902
38 634
22 976
21 451

Estimated living cost  is ₽16637 per week

₽11202
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1287
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽481
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3667
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽17174
₽14173
₽17328
₽17520
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
76 500
surtax
-
-
-
-
income
-
-
-
6 596
social contributions

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

-
-
-
26 584
total
-
-
-
33 180
Employee
37 419
-
61 818
-
income
7 312
-
14 852
-
surtax
-
-
-
-
social contributions
4 117
-
6 801
-
total
11 429
-
21 653
-
Employer
37 419
-
61 818
-
social contributions
8 886
-
14 682
-
total
8 886
-
14 682
-
Corporate
30 194
76 500
-
-
surtax
-
-
-
-
income
6 341
16 066
-
-
total
6 341
16 066
-
-
Dividends
23 853
60 434
-
-
withholding
6 678
16 922
-
-
total
6 678
16 922
-
-
Income
76 500
76 500
76 500
76 500
Total tax
33 334
32 988
36 335
33 180
After tax
43 166
43 512
40 165
43 320
Living cost
25 992
25 992
25 992
25 992
Free-cash
17 174
17 520
14 173
17 328

Estimated living cost  is ₽25992 per week

₽18409
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1806
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽461
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5317
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽10355
₽7500
₽6958
₽17706
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 500
unemployment
-
-
-
536
accident
-
-
-
688
pensions
-
-
-
21 649
income
-
-
-
12 709
other
-
-
-
77
total
-
-
-
35 659
Employee
46 562
-
58 007
-
other
46
-
59
-
income
9 725
-
12 942
-
pensions
2 188
-
2 726
-
unemployment
721
-
898
-
total
12 680
-
16 625
-
Employer
46 562
-
58 007
-
accident
922
-
1 149
-
unemployment
2 561
-
3 191
-
pensions
10 988
-
13 689
-
other
373
-
463
-
total
14 844
-
18 492
-
Corporate
15 092
76 500
-
-
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.

2 263
11 475
-
-
total
2 263
11 475
-
-
Dividends
12 829
65 025
-
-
withholding
2 475
13 436
-
-
total
2 475
13 436
-
-
Income
76 500
76 500
76 500
76 500
Total tax
32 262
24 911
35 117
35 659
After tax
44 238
51 589
41 383
40 841
Living cost
33 883
33 883
33 883
33 883
Free-cash
10 355
17 706
7 500
6 958

Estimated living cost  is ₽33883 per week

₽24333
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2635
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽478
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6438
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽42141
₽40459
₽38530
₽48227
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 500
unemployment
-
-
-
140
pensions

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

-
-
-
5 163
health
-
-
-
4 012
income
-
-
-
11 475
total
-
-
-
20 790
Employee
22 749
-
69 656
-
income
2 275
-
6 965
-
pensions

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

1 997
-
3 063
-
accident

We are using the highest rate at 1.1%.

250
-
384
-
health
1 047
-
1 605
-
total
5 569
-
12 017
-
Employer
22 749
-
69 656
-
accident

We are using the highest rate at 1.1%.

250
-
384
-
unemployment
137
-
209
-
health
1 570
-
2 407
-
pensions

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

2 507
-
3 844
-
total
4 464
-
6 844
-
Corporate
49 288
76 500
-
-
income
4 928
7 650
-
-
total
4 928
7 650
-
-
Dividends
44 360
68 850
-
-
withholding
2 218
3 443
-
-
total
2 218
3 443
-
-
Income
76 500
76 500
76 500
76 500
Total tax
17 179
11 093
18 861
20 790
After tax
59 321
65 407
57 639
55 710
Living cost
17 180
17 180
17 180
17 180
Free-cash
42 141
48 227
40 459
38 530

Estimated living cost  is ₽17180 per week

₽11363
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽984
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽410
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4424
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽14912
₽19210
₽14665
₽2304
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
76 500
surtax

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

-
-
-
703
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.

-
-
-
6 587
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.

-
-
-
12 778
trade
-
-
-
4 545
total
-
-
-
24 613
Employee

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

47 971
-
76 500
-
income

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

3 945
-
12 778
-
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.

218
-
703
-
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.

6 587
-
6 587
-
total
10 750
-
20 068
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
28 529
76 500
-
-
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.

236
631
-
-
chamber of commerce
188
258
-
-
income
4 279
11 475
-
-
trade
4 095
10 978
-
-
total
8 798
23 342
-
-
Dividends
19 731
53 158
-
-
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.

251
710
-
-
withholding
4 567
12 922
-
-
total
4 818
13 632
-
-
Income
76 500
76 500
76 500
76 500
Total tax
24 366
36 974
20 068
24 613
After tax
52 134
39 526
56 432
51 887
Living cost
37 222
37 222
37 222
37 222
Free-cash
14 912
2 304
19 210
14 665

Estimated living cost  is ₽37222 per week

₽25676
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4005
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽540
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7000
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽759
₽530
₽530
-₽1370
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 500
income
-
-
-
14 664
social contributions
-
-
-
6 386
total
-
-
-
21 050
Employee
75 415
-
76 500
-
income
14 231
-
14 664
-
social contributions
6 265
-
6 386
-
total
20 496
-
21 050
-
Employer
75 415
-
76 500
-
total
-
-
-
-
Corporate
1 085
76 500
-
-
income
135
9 563
-
-
total
135
9 563
-
-
Dividends
949
66 937
-
-
withholding
190
13 387
-
-
total
190
13 387
-
-
Income
76 500
76 500
76 500
76 500
Total tax
20 821
22 950
21 050
21 050
After tax
55 679
53 550
55 450
55 450
Living cost
54 920
54 920
54 920
54 920
Free-cash
759
-1 370
530
530

Estimated living cost  is ₽54920 per week

₽41782
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4475
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8138
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽15219
₽20875
₽7922
₽9634
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
76 500
health

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

-
-
-
6 136
income
-
-
-
27 444
total
-
-
-
33 580
Employee
44 228
-
72 065
-
income
4 799
-
11 757
-
social contributions
4 431
-
4 435
-
total
9 230
-
16 192
-
Employer
44 228
-
72 065
-
social contributions
4 431
-
4 435
-
total
4 431
-
4 435
-
Corporate
27 841
76 500
-
-
income
9 744
26 774
-
-
total
9 744
26 774
-
-
Dividends
18 097
49 726
-
-
social contributions
2 878
5 094
-
-
total
2 878
5 094
-
-
Income
76 500
76 500
76 500
76 500
Total tax
26 283
31 868
20 627
33 580
After tax
50 217
44 632
55 873
42 920
Living cost
34 998
34 998
34 998
34 998
Free-cash
15 219
9 634
20 875
7 922

Estimated living cost  is ₽34998 per week

₽23053
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2759
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.
₽8648
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽15428
₽12237
₽20635
₽20952
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 500
pensions
-
-
-
5 250
income
-
-
-
14 250
total
-
-
-
19 500
Employee
49 916
-
67 714
-
income
9 090
-
12 150
-
pensions
3 810
-
5 946
-
health
651
-
1 016
-
total
13 551
-
19 112
-
Employer
49 916
-
67 714
-
health
949
-
1 287
-
pensions
5 043
-
7 499
-
total
5 992
-
8 786
-
Corporate
20 593
76 500
-
-
income

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

3 913
14 534
-
-
total
3 913
14 534
-
-
Dividends
16 679
61 966
-
-
withholding
1 251
4 649
-
-
total
1 251
4 649
-
-
Income
76 500
76 500
76 500
76 500
Total tax
24 707
19 183
27 898
19 500
After tax
51 793
57 317
48 602
57 000
Living cost
36 365
36 365
36 365
36 365
Free-cash
15 428
20 952
12 237
20 635

Estimated living cost  is ₽36365 per week

₽24946
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3344
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.
₽7617
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽2735
₽15918
₽30052
-₽16374
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 500
accident
-
-
-
239
pensions
-
-
-
3 942
health
-
-
-
2 066
income
-
-
-
17 279
other
-
-
-
351
total
-
-
-
23 877
Employee
35 506
-
63 549
-
income
4 871
-
10 628
-
pensions
3 998
-
7 155
-
health
4 065
-
7 277
-
total
12 934
-
25 060
-
Employer
35 506
-
63 549
-
accident
593
-
1 061
-
unemployment
870
-
1 557
-
pensions
5 773
-
10 333
-
total
7 236
-
12 951
-
Corporate
33 758
76 500
-
-
income

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

30 383
68 850
-
-
total
30 383
68 850
-
-
Dividends
3 376
7 650
-
-
withholding
641
1 453
-
-
total
641
1 453
-
-
Income
76 500
76 500
76 500
76 500
Total tax
51 194
70 303
38 011
23 877
After tax
25 306
6 197
38 489
52 623
Living cost
22 572
22 572
22 572
22 572
Free-cash
2 735
-16 374
15 918
30 052

Estimated living cost  is ₽22572 per week

₽16565
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1315
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽4236
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47313
₽31238
₽31238
₽52002
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
76 500
unemployment
-
-
-
918
pensions
-
-
-
14 076
income
-
-
-
11 201
health insurance
-
-
-
5 661
work injury
-
-
-
383
total
-
-
-
32 239
Employee

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

20 836
-
76 500
-
income
2 084
-
11 201
-
pensions
3 834
-
14 076
-
health insurance
1 542
-
5 661
-
unemployment
250
-
918
-
work injury
104
-
383
-
total
7 814
-
32 239
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
55 664
76 500
-
-
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
55 664
76 500
-
-
withholding
8 350
11 475
-
-
total
8 350
11 475
-
-
Income
76 500
76 500
76 500
76 500
Total tax
16 164
11 475
32 239
32 239
After tax
60 336
65 025
44 261
44 261
Living cost
13 023
13 023
13 023
13 023
Free-cash
47 313
52 002
31 238
31 238

Estimated living cost  is ₽13023 per week

₽8068
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽946
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽406
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3602
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽4743
-₽1862
₽1701
₽1888
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 500
national
-
-
-
14 860
regional
-
-
-
1 344
municipal
-
-
-
512
social contributions
-
-
-
19 675
total
-
-
-
36 391
Employee
81 242
-
76 500
-
regional
1 227
-
1 110
-
national
13 729
-
12 593
-
social contributions
27 394
-
25 795
-
municipal
485
-
456
-
total
42 835
-
39 954
-
Employer
81 242
-
76 500
-
total
-
-
-
-
Corporate
-
76 500
-
-
nationa
-
18 360
-
-
municipal
-
3 687
-
-
total
-
22 047
-
-
Dividends
-
54 453
-
-
withholding
-
14 157
-
-
total
-
14 157
-
-
Income
76 500
76 500
76 500
76 500
Total tax
42 835
36 204
39 954
36 391
After tax
33 665
40 296
36 546
40 109
Living cost
38 408
38 408
38 408
38 408
Free-cash
-4 743
1 888
-1 862
1 701

Estimated living cost  is ₽38408 per week

₽26979
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2642
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽580
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8206
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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