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
₽8627
₽26546
₽21779
₽19627
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
12 361
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.

-
-
-
679
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.

-
-
-
6 794
trade
-
-
-
4 767
total
-
-
-
24 601
Employee

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

38 035
-
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.

59
-
679
-
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.

1 062
-
12 361
-
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.

6 794
-
6 794
-
total
7 915
-
19 834
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
38 465
76 500
-
-
income
5 769
11 476
-
-
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.

317
630
-
-
chamber of commerce
206
260
-
-
trade
6 058
12 049
-
-
total
12 350
24 415
-
-
Dividends
26 116
52 085
-
-
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.

338
694
-
-
withholding
6 150
12 644
-
-
total
6 488
13 338
-
-
Income
76 500
76 500
76 500
76 500
Total tax
26 753
37 753
19 834
24 601
After tax
49 747
38 747
56 666
51 899
Living cost
30 120
30 120
30 120
30 120
Free-cash
19 627
8 627
26 546
21 779

Estimated living cost  is ₽30120 per week

₽18947
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3512
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.
₽7099
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽4928
-₽5009
-₽5610
-₽12549
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions
-
-
-
822
municipal
-
-
-
7 626
national
-
-
-
11 818
pensions
-
-
-
9 180
total
-
-
-
29 446
Employee
81 639
-
66 134
-
municipal
10 084
-
7 922
-
pensions
3 266
-
2 645
-
national
15 626
-
12 276
-
total
28 976
-
22 843
-
Employer
81 639
-
66 134
-
pensions
6 531
-
5 291
-
social contributions
878
-
711
-
total
7 409
-
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
36 385
28 764
28 845
29 446
After tax
40 115
47 736
47 655
47 054
Living cost
52 664
52 664
52 664
52 664
Free-cash
-12 549
-4 928
-5 009
-5 610

Estimated living cost  is ₽52664 per week

₽35795
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4896
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽788
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11185
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽40511
₽22694
₽20412
₽32355
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
10 805
surtax
-
-
-
-
social contributions

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

-
-
-
24 595
microenterprise
-
-
-
-
total
-
-
-
35 400
Employee
29 058
-
61 648
-
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.

3 197
-
6 780
-
income
5 173
-
11 486
-
total
8 370
-
18 266
-
Employer
29 058
-
61 648
-
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.

6 999
-
14 852
-
surtax
-
-
-
-
total
6 999
-
14 852
-
Corporate
40 443
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%.

8 088
15 301
-
-
total
8 088
15 301
-
-
Dividends

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

32 355
61 199
-
-
total
-
-
-
-
Income
76 500
76 500
76 500
76 500
Total tax
23 457
15 301
33 118
35 400
After tax
53 043
61 199
43 382
41 100
Living cost
20 688
20 688
20 688
20 688
Free-cash
32 355
40 511
22 694
20 412

Estimated living cost  is ₽20688 per week

₽13198
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1970
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.
₽5050
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽16666
-₽22248
₽1892
-₽22248
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
10 692
health
-
-
-
10 607
pensions
-
-
-
11 651
total
-
-
-
32 950
Employee
84 920
84 920
84 920
-
pensions
15 286
11 651
15 286
-
income

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

13 900
13 900
13 900
-
health
13 034
11 087
13 034
-
total
42 220
36 638
42 220
-
Employer
84 920
84 920
84 920
-
health
5 903
5 903
5 903
-
pensions
5 910
5 910
5 910
-
unemployment
3 057
3 057
3 057
-
total
14 870
14 870
14 870
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
76 500
76 500
76 500
76 500
Total tax
57 090
51 508
57 090
32 950
After tax
19 410
24 992
19 410
43 550
Living cost
41 658
41 658
41 658
41 658
Free-cash
-22 248
-16 666
-22 248
1 892

Estimated living cost  is ₽41658 per week

₽29522
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3755
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽662
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7718
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽1143
₽225
-₽2492
₽231
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
153
other
-
-
-
8 889
unemployment
-
-
-
77
health
-
-
-
4 773
municipal
-
-
-
16 204
national
-
-
-
-
pensions
-
-
-
8 270
total
-
-
-
38 366
Employee
57 889
-
58 210
-
municipal
17 262
-
17 358
-
national
-
-
-
-
total
17 262
-
17 358
-
Employer
57 889
-
58 210
-
health
3 560
-
3 580
-
pensions
6 258
-
6 293
-
accident
116
-
117
-
unemployment
1 528
-
1 537
-
other
6 727
-
6 764
-
total
18 189
-
18 291
-
Corporate
423
76 500
-
-
income
93
16 830
-
-
total
93
16 830
-
-
Dividends
330
59 670
-
-
withholding
99
17 901
-
-
total
99
17 901
-
-
Income
76 500
76 500
76 500
76 500
Total tax
35 643
34 731
35 649
38 366
After tax
40 857
41 769
40 851
38 134
Living cost
40 626
40 626
40 626
40 626
Free-cash
231
1 143
225
-2 492

Estimated living cost  is ₽40626 per week

₽26926
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3987
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽617
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9097
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽715
₽17601
₽12623
₽13259
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
12 361
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.

-
-
-
679
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.

-
-
-
6 794
trade
-
-
-
4 978
total
-
-
-
24 812
Employee

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

50 429
-
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.

238
-
679
-
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.

4 333
-
12 361
-
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.

6 794
-
6 794
-
total
11 365
-
19 834
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
26 071
76 500
-
-
income
3 910
11 476
-
-
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.

215
630
-
-
chamber of commerce
189
260
-
-
trade
4 289
12 585
-
-
total
8 603
24 951
-
-
Dividends
17 467
51 549
-
-
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.

219
689
-
-
withholding
3 989
12 510
-
-
total
4 208
13 199
-
-
Income
76 500
76 500
76 500
76 500
Total tax
24 176
38 150
19 834
24 812
After tax
52 324
38 350
56 666
51 688
Living cost
39 065
39 065
39 065
39 065
Free-cash
13 259
-715
17 601
12 623

Estimated living cost  is ₽39065 per week

₽26127
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4120
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽583
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8235
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽21760
₽22962
₽24709
₽19750
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
5 652
social contributions
-
-
-
11 934
health
-
-
-
1 951
total
-
-
-
19 537
Employee
76 467
76 467
76 467
-
social contributions
3 716
6 346
5 765
-
income
8 030
7 079
7 288
-
health
761
1 300
1 181
-
total
12 507
14 725
14 234
-
Employer
76 467
76 467
76 467
-
health
828
1 415
1 285
-
social contributions
3 716
6 346
5 765
-
total
4 544
7 761
7 050
-
Corporate
27 196
-
-
-
income
3 399
-
-
-
total
3 399
-
-
-
Dividends
23 797
-
-
-
withholding
4 046
-
-
-
total
4 046
-
-
-
Income
76 500
76 500
76 500
76 500
Total tax
24 496
22 486
21 284
19 537
After tax
52 004
54 014
55 216
56 963
Living cost
32 254
32 254
32 254
32 254
Free-cash
19 750
21 760
22 962
24 709

Estimated living cost  is ₽32254 per week

₽22049
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2519
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽542
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7145
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽24905
₽26069
₽34716
₽25286
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
9 352
unemployment
-
-
-
1 148
health
-
-
-
5 355
pensions
-
-
-
7 650
total
-
-
-
23 505
Employee

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

The minimum wage is 138,000 HUF per month.

26 386
10 501
64 017
-
unemployment
396
158
960
-
pensions
2 639
1 050
6 402
-
income
3 226
1 284
7 826
-
health
1 847
735
4 481
-
total
8 108
3 227
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.

26 386
10 501
64 017
-
pensions
5 145
2 048
12 483
-
total
5 145
2 048
12 483
-
Corporate
44 968
63 951
-
-
income
4 047
5 756
-
-
total
4 047
5 756
-
-
Dividends
40 921
58 195
-
-
social contributions
7 860
11 228
-
-
withholding
7 775
11 057
-
-
total
15 635
22 285
-
-
Income
76 500
76 500
76 500
76 500
Total tax
32 935
33 316
32 152
23 505
After tax
43 565
43 184
44 348
52 995
Living cost
18 279
18 279
18 279
18 279
Free-cash
25 286
24 905
26 069
34 716

Estimated living cost  is ₽18279 per week

₽12474
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1496
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽365
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3944
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽37180
₽20073
₽16984
₽31005
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
10 251
health
-
-
-
9 945
pensions
-
-
-
15 301
total
-
-
-
35 497
Employee
28 210
-
57 174
-
unemployment
451
-
915
-
pensions
564
-
1 144
-
income
3 176
-
11 023
-
total
4 191
-
13 082
-
Employer
28 210
-
57 174
-
health
3 667
-
7 433
-
pensions
5 642
-
11 436
-
unemployment
226
-
457
-
total
9 535
-
19 326
-
Corporate
38 754
76 500
-
-
income
7 750
15 301
-
-
total
7 750
15 301
-
-
Dividends
31 004
61 199
-
-
total
-
-
-
-
Income
76 500
76 500
76 500
76 500
Total tax
21 476
15 301
32 408
35 497
After tax
55 024
61 199
44 092
41 003
Living cost
24 019
24 019
24 019
24 019
Free-cash
31 005
37 180
20 073
16 984

Estimated living cost  is ₽24019 per week

₽16475
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1430
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽483
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5631
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽15919
₽16682
₽30542
₽2805
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
254
income
-
-
-
16 840
other
-
-
-
373
health
-
-
-
2 192
pensions
-
-
-
4 183
total
-
-
-
23 842
Employee
34 790
-
63 548
-
pensions
3 917
-
7 156
-
income
4 773
-
10 318
-
health
3 983
-
7 277
-
total
12 673
-
24 751
-
Employer
34 790
-
63 548
-
pensions
5 657
-
10 333
-
accident
581
-
1 061
-
unemployment
852
-
1 557
-
total
7 090
-
12 951
-
Corporate
34 620
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.

31 158
68 850
-
-
total
31 158
68 850
-
-
Dividends
3 462
7 650
-
-
withholding
658
1 453
-
-
total
658
1 453
-
-
Income
76 500
76 500
76 500
76 500
Total tax
51 579
70 303
37 702
23 842
After tax
24 921
6 197
38 798
52 658
Living cost
22 116
22 116
22 116
22 116
Free-cash
2 805
-15 919
16 682
30 542

Estimated living cost  is ₽22116 per week

₽16209
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1225
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽462
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4220
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64606
₽53131
₽67666
₽63093
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
10 085
-
76 500
-
income
2 017
-
15 300
-
total
2 017
-
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%.

66 415
76 500
-
-
total
-
-
-
-
Dividends
66 415
76 500
-
-
withholding
3 321
3 825
-
-
total
3 321
3 825
-
-
Income
76 500
76 500
76 500
76 500
Total tax
5 338
3 825
15 300
765
After tax
71 162
72 675
61 200
75 735
Living cost
8 069
8 069
8 069
8 069
Free-cash
63 093
64 606
53 131
67 666

Estimated living cost  is ₽8069 per week

₽5000
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽671
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽222
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2176
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽29707
₽18345
₽14924
₽22993
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
9 717
other
-
-
-
3 635
health
-
-
-
3 367
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
total
-
-
-
35 079
Employee
36 107
-
61 103
-
unemployment
360
-
611
-
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.

2 527
-
4 276
-
income
6 216
-
10 519
-
health
506
-
855
-
total
9 609
-
16 261
-
Employer
36 107
-
61 103
-
health
506
-
855
-
pensions

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

6 139
-
10 387
-
accident
289
-
489
-
unemployment
360
-
611
-
other
1 806
-
3 055
-
total
9 100
-
15 397
-
Corporate
31 294
76 500
-
-
income
6 571
16 065
-
-
total
6 571
16 065
-
-
Dividends
24 723
60 435
-
-
withholding
1 730
4 231
-
-
total
1 730
4 231
-
-
Income
76 500
76 500
76 500
76 500
Total tax
27 010
20 296
31 658
35 079
After tax
49 490
56 204
44 842
41 421
Living cost
26 497
26 497
26 497
26 497
Free-cash
22 993
29 707
18 345
14 924

Estimated living cost  is ₽26497 per week

₽18722
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1789
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽426
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5559
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽8584
-₽17276
-₽8893
-₽29519
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
14 253
pensions
-
-
-
5 239
total
-
-
-
19 492
Employee
93 240
-
67 724
-
pensions
8 995
-
5 933
-
income
16 807
-
12 155
-
health
1 536
-
1 013
-
total
27 338
-
19 101
-
Employer
93 240
-
67 724
-
health
1 771
-
1 287
-
pensions
11 009
-
7 487
-
total
12 780
-
8 774
-
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.

-
14 535
-
-
total
-
14 535
-
-
Dividends
-
61 965
-
-
withholding
-
4 648
-
-
total
-
4 648
-
-
Income
76 500
76 500
76 500
76 500
Total tax
40 118
19 183
27 875
19 492
After tax
36 382
57 317
48 625
57 008
Living cost
65 901
65 901
65 901
65 901
Free-cash
-29 519
-8 584
-17 276
-8 893

Estimated living cost  is ₽65901 per week

₽49381
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7743
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.
₽8242
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽52369
₽44649
₽42713
₽47750
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
11 475
unemployment
-
-
-
139
health
-
-
-
3 994
pensions

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

-
-
-
5 141
total
-
-
-
20 749
Employee
17 264
-
69 685
-
accident

We are using the highest rate at 1.1%.

190
-
382
-
pensions

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

1 516
-
3 050
-
income
1 726
-
6 968
-
health
794
-
1 598
-
total
4 226
-
11 998
-
Employer
17 264
-
69 685
-
health
1 192
-
2 397
-
pensions

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

1 903
-
3 828
-
accident

We are using the highest rate at 1.1%.

190
-
382
-
unemployment
103
-
208
-
total
3 388
-
6 815
-
Corporate
55 848
76 500
-
-
income
5 585
7 650
-
-
total
5 585
7 650
-
-
Dividends
50 264
68 850
-
-
withholding
2 513
3 443
-
-
total
2 513
3 443
-
-
Income
76 500
76 500
76 500
76 500
Total tax
15 712
11 093
18 813
20 749
After tax
60 788
65 407
57 687
55 751
Living cost
13 038
13 038
13 038
13 038
Free-cash
47 750
52 369
44 649
42 713

Estimated living cost  is ₽13038 per week

₽7612
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽931
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽345
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4150
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽30151
-₽35733
-₽11593
-₽31838
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
10 692
health
-
-
-
10 607
pensions
-
-
-
11 651
total
-
-
-
32 950
Employee
92 196
84 920
84 920
-
pensions
11 651
11 651
15 286
-
income

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

13 900
13 900
13 900
-
health
11 502
11 087
13 034
-
total
37 053
36 638
42 220
-
Employer
92 196
84 920
84 920
-
health
6 407
5 903
5 903
-
pensions
6 416
5 910
5 910
-
unemployment
3 319
3 057
3 057
-
total
16 142
14 870
14 870
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
76 500
76 500
76 500
76 500
Total tax
53 195
51 508
57 090
32 950
After tax
23 305
24 992
19 410
43 550
Living cost
55 143
55 143
55 143
55 143
Free-cash
-31 838
-30 151
-35 733
-11 593

Estimated living cost  is ₽55143 per week

₽40677
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4925
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽632
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8909
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽27949
₽14100
₽12539
₽19131
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
6 575
social contributions
-
-
-
22 338
solidarity contribution
-
-
-
-
health
-
-
-
10 327
total
-
-
-
39 240
Employee
36 354
-
57 089
-
solidarity contribution
-
-
-
-
social contributions
2 363
-
3 711
-
income
4 362
-
6 851
-
health
4 908
-
7 707
-
total
11 633
-
18 269
-
Employer
36 354
-
57 089
-
health
3 272
-
5 138
-
social contributions
9 088
-
14 272
-
total
12 360
-
19 410
-
Corporate
27 786
76 500
-
-
income
5 279
14 535
-
-
total
5 279
14 535
-
-
Dividends
22 507
61 965
-
-
withholding
3 376
9 295
-
-
total
3 376
9 295
-
-
Income
76 500
76 500
76 500
76 500
Total tax
32 648
23 830
37 679
39 240
After tax
43 852
52 670
38 821
37 260
Living cost
24 721
24 721
24 721
24 721
Free-cash
19 131
27 949
14 100
12 539

Estimated living cost  is ₽24721 per week

₽17171
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1759
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5305
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽1145
-₽4924
-₽1045
-₽11878
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions
-
-
-
19 675
regional
-
-
-
804
municipal
-
-
-
455
national
-
-
-
14 650
total
-
-
-
35 584
Employee
88 379
-
76 500
-
municipal
468
-
406
-
national
15 314
-
12 559
-
regional
834
-
703
-
social contributions
29 801
-
25 795
-
total
46 417
-
39 463
-
Employer
88 379
-
76 500
-
total
-
-
-
-
Corporate
-
76 500
-
-
municipal
-
2 984
-
-
nationa
-
18 360
-
-
total
-
21 344
-
-
Dividends
-
55 157
-
-
withholding
-
14 340
-
-
total
-
14 340
-
-
Income
76 500
76 500
76 500
76 500
Total tax
46 417
35 684
39 463
35 584
After tax
30 083
40 816
37 037
40 916
Living cost
41 961
41 961
41 961
41 961
Free-cash
-11 878
-1 145
-4 924
-1 045

Estimated living cost  is ₽41961 per week

₽29250
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2751
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽644
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9315
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽26174
₽17968
₽19665
₽23081
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
12 710
other
-
-
-
-
surtax
-
-
-
1 223
unemployment
-
-
-
226
health
-
-
-
5 431
pensions
-
-
-
15 301
total
-
-
-
34 891
Employee
32 885
-
63 196
-
other
-
-
-
-
unemployment
2 289
-
4 399
-
pensions
2 193
-
4 216
-
surtax
108
-
1 093
-
income
5 512
-
11 964
-
health
840
-
1 612
-
total
10 942
-
23 284
-
Employer
32 885
-
63 196
-
health
1 496
-
2 876
-
pensions
4 384
-
8 424
-
unemployment
1 042
-
2 004
-
other
-
-
-
-
total
6 922
-
13 304
-
Corporate
36 693
76 500
-
-
income
9 539
19 890
-
-
total
9 539
19 890
-
-
Dividends
27 154
56 610
-
-
withholding
4 072
8 492
-
-
total
4 072
8 492
-
-
Income
76 500
76 500
76 500
76 500
Total tax
31 475
28 382
36 588
34 891
After tax
45 025
48 118
39 912
41 609
Living cost
21 944
21 944
21 944
21 944
Free-cash
23 081
26 174
17 968
19 665

Estimated living cost  is ₽21944 per week

₽13417
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2025
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽506
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5995
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽12295
₽3603
₽11986
₽4541
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
14 253
pensions
-
-
-
5 239
total
-
-
-
19 492
Employee
62 487
-
67 724
-
pensions
5 304
-
5 933
-
income
11 254
-
12 155
-
health
907
-
1 013
-
total
17 465
-
19 101
-
Employer
62 487
-
67 724
-
health
1 187
-
1 287
-
pensions
6 764
-
7 487
-
total
7 951
-
8 774
-
Corporate
6 062
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.

1 152
14 535
-
-
total
1 152
14 535
-
-
Dividends
4 910
61 965
-
-
withholding
369
4 648
-
-
total
369
4 648
-
-
Income
76 500
76 500
76 500
76 500
Total tax
26 937
19 183
27 875
19 492
After tax
49 563
57 317
48 625
57 008
Living cost
45 022
45 022
45 022
45 022
Free-cash
4 541
12 295
3 603
11 986

Estimated living cost  is ₽45022 per week

₽33730
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3375
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽471
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7446
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽43652
-₽18084
-₽14154
-₽24290
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
1 531
regional
-
-
-
2 090
health
-
-
-
256
city
-
-
-
806
national
-
-
-
300
pensions
-
-
-
7 036
total
-
-
-
12 019
Employee
92 023
-
68 472
-
unemployment
-
-
-
-
pensions
7 731
-
5 752
-
national
436
-
250
-
regional
3 013
-
1 785
-
city
988
-
735
-
health
208
-
153
-
total
12 376
-
8 675
-
Employer
92 023
-
68 472
-
health
208
-
153
-
pensions
7 731
-
5 752
-
unemployment
-
-
-
-
other

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

1 840
-
1 369
-
total
9 779
-
7 274
-
Corporate
-
76 500
-
-
regional
-
16 179
-
-
national
-
6 503
-
-
total
-
22 682
-
-
Dividends
-
53 817
-
-
withholding
-
18 835
-
-
total
-
18 835
-
-
Income
76 500
76 500
76 500
76 500
Total tax
22 155
41 517
15 949
12 019
After tax
54 345
34 983
60 551
64 481
Living cost
78 635
78 635
78 635
78 635
Free-cash
-24 290
-43 652
-18 084
-14 154

Estimated living cost  is ₽78635 per week

₽51135
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7057
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽965
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽19477
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽7596
₽11111
₽5920
₽8531
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
12 361
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.

-
-
-
679
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.

-
-
-
6 794
trade
-
-
-
5 191
total
-
-
-
25 025
Employee

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

59 763
-
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.

387
-
679
-
income

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

7 028
-
12 361
-
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.

6 794
-
6 794
-
total
14 209
-
19 834
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
16 737
76 500
-
-
income
2 510
11 476
-
-
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.

138
630
-
-
chamber of commerce
174
259
-
-
trade
2 870
13 119
-
-
total
5 692
25 484
-
-
Dividends
11 045
51 016
-
-
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.

130
681
-
-
withholding
2 383
12 376
-
-
total
2 513
13 057
-
-
Income
76 500
76 500
76 500
76 500
Total tax
22 414
38 541
19 834
25 025
After tax
54 086
37 959
56 666
51 475
Living cost
45 555
45 555
45 555
45 555
Free-cash
8 531
-7 596
11 111
5 920

Estimated living cost  is ₽45555 per week

₽33272
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3644
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽593
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8049
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽4533
₽11602
₽10045
₽10408
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
4 174
other
-
-
-
2 372
surtax
-
-
-
-
social contributions
-
-
-
2 180
health
-
-
-
662
pensions
-
-
-
23 044
total
-
-
-
32 432
Employee
42 560
-
58 295
-
pensions
4 812
-
6 594
-
surtax
-
-
-
-
social contributions
1 213
-
1 661
-
income
2 512
-
4 414
-
total
8 537
-
12 669
-
Employer
42 560
-
58 295
-
health
2 980
-
4 080
-
pensions
6 992
-
9 577
-
unemployment
1 723
-
2 361
-
social contributions
128
-
176
-
other
1 468
-
2 012
-
total
13 291
-
18 206
-
Corporate
20 649
76 500
-
-
income
5 782
21 421
-
-
surtax
-
-
-
-
total
5 782
21 421
-
-
Dividends
14 867
55 079
-
-
surtax
-
-
-
-
social contributions
2 557
9 473
-
-
withholding
1 902
7 050
-
-
total
4 459
16 523
-
-
Income
76 500
76 500
76 500
76 500
Total tax
32 069
37 944
30 875
32 432
After tax
44 431
38 556
45 625
44 068
Living cost
34 023
34 023
34 023
34 023
Free-cash
10 408
4 533
11 602
10 045

Estimated living cost  is ₽34023 per week

₽21453
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2767
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.
₽9226
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽7904
₽14973
₽13416
₽13430
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
4 174
other
-
-
-
2 372
surtax
-
-
-
-
social contributions
-
-
-
2 180
health
-
-
-
662
pensions
-
-
-
23 044
total
-
-
-
32 432
Employee
37 991
-
58 295
-
pensions
4 297
-
6 594
-
surtax
-
-
-
-
social contributions
1 083
-
1 661
-
income
1 959
-
4 414
-
total
7 339
-
12 669
-
Employer
37 991
-
58 295
-
health
2 659
-
4 080
-
pensions
6 243
-
9 577
-
unemployment
1 538
-
2 361
-
social contributions
113
-
176
-
other
1 312
-
2 012
-
total
11 865
-
18 206
-
Corporate
26 645
76 500
-
-
income
7 460
21 421
-
-
surtax
-
-
-
-
total
7 460
21 421
-
-
Dividends
19 185
55 079
-
-
surtax
-
-
-
-
social contributions
3 299
9 473
-
-
withholding
2 455
7 050
-
-
total
5 754
16 523
-
-
Income
76 500
76 500
76 500
76 500
Total tax
32 418
37 944
30 875
32 432
After tax
44 082
38 556
45 625
44 068
Living cost
30 652
30 652
30 652
30 652
Free-cash
13 430
7 904
14 973
13 416

Estimated living cost  is ₽30652 per week

₽17777
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3114
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽581
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9181
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽25583
₽29360
₽28039
₽26100
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
11 476
social contributions
-
-
-
10 557
health
-
-
-
5 341
total
-
-
-
27 374
Employee
33 717
-
76 500
-
social contributions
4 654
-
10 557
-
income
5 624
-
10 155
-
health
2 353
-
5 341
-
total
12 631
-
26 053
-
Employer
33 717
-
76 500
-
total
-
-
-
-
Corporate
42 783
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%.

2 140
3 825
-
-
total
2 140
3 825
-
-
Dividends
40 643
72 675
-
-
social contributions
5 609
10 030
-
-
withholding
6 097
10 902
-
-
health
2 836
5 073
-
-
total
14 542
26 005
-
-
Income
76 500
76 500
76 500
76 500
Total tax
29 313
29 830
26 053
27 374
After tax
47 187
46 670
50 447
49 126
Living cost
21 087
21 087
21 087
21 087
Free-cash
26 100
25 583
29 360
28 039

Estimated living cost  is ₽21087 per week

₽14112
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1300
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽485
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5188
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽8230
-₽8786
₽5802
₽6691
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
9 052
surtax
-
-
-
196
unemployment
-
-
-
6 099
chamber of commerce
-
-
-
306
health
-
-
-
5 852
pensions
-
-
-
14 153
total
-
-
-
35 658
Employee
49 697
39 629
59 250
-
other
496
396
593
-
unemployment
1 491
1 189
1 778
-
pensions
5 090
4 057
6 067
-
income
5 658
2 923
8 396
-
health
1 923
1 534
2 293
-
total
14 658
10 099
19 127
-
Employer
49 697
39 629
59 250
-
chamber of commerce
198
159
238
-
health
1 878
1 498
2 240
-
pensions
6 237
4 974
7 435
-
accident
645
515
770
-
unemployment
1 491
1 189
1 778
-
surtax
196
196
196
-
payroll
1 491
1 189
1 778
-
other
2 361
1 881
2 814
-
total
14 497
11 601
17 249
-
Corporate
12 306
25 269
55 478
-
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.

3 076
6 318
13 870
-
total
3 076
6 318
13 870
-
Dividends
9 230
18 951
-
-
withholding
2 538
5 212
-
-
total
2 538
5 212
-
-
Income
76 500
76 500
76 500
76 500
Total tax
34 769
33 230
50 246
35 658
After tax
41 731
43 270
26 254
40 842
Living cost
35 040
35 040
35 040
35 040
Free-cash
6 691
8 230
-8 786
5 802

Estimated living cost  is ₽35040 per week

₽23370
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2989
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽576
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8105
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽6730
-₽5060
₽1946
-₽15339
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
communal

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

-
-
-
3 948
social contributions
-
-
-
10 694
national
-
-
-
23 654
total
-
-
-
38 296
Employee

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

71 132
-
59 254
-
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.

619
-
515
-
communal

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

3 710
-
3 091
-
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.

5 335
-
4 444
-
national
21 869
-
17 221
-
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.

3 342
-
2 785
-
total
34 875
-
28 056
-
Employer

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

71 132
-
59 254
-
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.

4 374
-
3 644
-
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.

6 303
-
5 250
-
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.

925
-
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.

1 038
-
864
-
surtax
8 066
-
6 718
-
total
20 706
-
17 246
-
Corporate
-
76 500
-
-
income
-
15 301
-
-
surtax
-
306
-
-
total
-
15 607
-
-
Dividends
-
60 894
-
-
withholding

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

-
17 905
-
-
total
-
17 905
-
-
Income
76 500
76 500
76 500
76 500
Total tax
55 581
33 512
45 302
38 296
After tax
20 919
42 988
31 198
38 204
Living cost
36 258
36 258
36 258
36 258
Free-cash
-15 339
6 730
-5 060
1 946

Estimated living cost  is ₽36258 per week

₽23355
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3170
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽568
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9166
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽15682
₽5577
₽5033
₽7727
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
689
income
-
-
-
12 603
other
-
-
-
77
unemployment
-
-
-
536
pensions
-
-
-
21 649
total
-
-
-
35 554
Employee
49 500
-
58 008
-
other
49
-
59
-
unemployment
768
-
898
-
pensions
2 327
-
2 727
-
income
10 444
-
12 835
-
total
13 588
-
16 519
-
Employer
49 500
-
58 008
-
pensions
11 681
-
13 689
-
accident
979
-
1 149
-
unemployment
2 723
-
3 191
-
other
394
-
462
-
total
15 777
-
18 491
-
Corporate
11 222
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.

1 683
11 476
-
-
total
1 683
11 476
-
-
Dividends
9 538
65 024
-
-
withholding
1 812
13 429
-
-
total
1 812
13 429
-
-
Income
76 500
76 500
76 500
76 500
Total tax
32 860
24 905
35 010
35 554
After tax
43 640
51 595
41 490
40 946
Living cost
35 913
35 913
35 913
35 913
Free-cash
7 727
15 682
5 577
5 033

Estimated living cost  is ₽35913 per week

₽26446
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2548
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽517
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6401
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽6630
-₽4086
-₽8045
-₽7805
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
communal
-
-
-
4 835
accident
-
-
-
645
income
-
-
-
4 389
surtax
-
-
-
3 793
health
-
-
-
5 376
pensions
-
-
-
11 466
total
-
-
-
30 504
Employee
75 307
-
68 333
-
pensions
6 024
-
5 467
-
surtax
4 616
-
4 188
-
income
7 274
-
5 681
-
health
3 352
-
3 042
-
total
21 266
-
18 378
-
Employer
75 307
-
68 333
-
health
2 297
-
2 085
-
pensions
6 024
-
5 467
-
accident
677
-
615
-
total
8 998
-
8 167
-
Corporate
-
76 500
-
-
communal
-
5 163
-
-
income
-
11 476
-
-
surtax
-
804
-
-
total
-
17 443
-
-
Dividends
-
59 057
-
-
income
-
2 788
-
-
withholding
-
8 858
-
-
total
-
11 646
-
-
Income
76 500
76 500
76 500
76 500
Total tax
30 264
29 089
26 545
30 504
After tax
46 236
47 411
49 955
45 996
Living cost
54 041
54 041
54 041
54 041
Free-cash
-7 805
-6 630
-4 086
-8 045

Estimated living cost  is ₽54041 per week

₽40539
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3274
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽572
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9654
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽25782
₽17576
₽19273
₽22619
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
12 710
other
-
-
-
-
surtax
-
-
-
1 223
unemployment
-
-
-
226
health
-
-
-
5 431
pensions
-
-
-
15 301
total
-
-
-
34 891
Employee
33 489
-
63 196
-
other
-
-
-
-
unemployment
2 331
-
4 399
-
pensions
2 234
-
4 216
-
surtax
119
-
1 093
-
income
5 614
-
11 964
-
health
855
-
1 612
-
total
11 153
-
23 284
-
Employer
33 489
-
63 196
-
health
1 523
-
2 876
-
pensions
4 465
-
8 424
-
unemployment
1 062
-
2 004
-
other
-
-
-
-
total
7 050
-
13 304
-
Corporate
35 961
76 500
-
-
income
9 351
19 890
-
-
total
9 351
19 890
-
-
Dividends
26 610
56 610
-
-
withholding
3 991
8 492
-
-
total
3 991
8 492
-
-
Income
76 500
76 500
76 500
76 500
Total tax
31 545
28 382
36 588
34 891
After tax
44 955
48 118
39 912
41 609
Living cost
22 336
22 336
22 336
22 336
Free-cash
22 619
25 782
17 576
19 273

Estimated living cost  is ₽22336 per week

₽13485
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1942
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽519
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6392
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽13422
₽9923
₽13778
₽11213
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions
-
-
-
19 675
regional
-
-
-
1 154
municipal
-
-
-
455
national
-
-
-
14 650
total
-
-
-
35 934
Employee
55 162
-
76 500
-
municipal
293
-
406
-
national
8 739
-
12 559
-
regional
743
-
1 029
-
social contributions
18 601
-
25 795
-
total
28 376
-
39 789
-
Employer
55 162
-
76 500
-
total
-
-
-
-
Corporate
21 338
76 500
-
-
municipal
1 061
3 803
-
-
nationa
5 122
18 360
-
-
total
6 183
22 163
-
-
Dividends
15 155
54 338
-
-
withholding
3 940
14 127
-
-
total
3 940
14 127
-
-
Income
76 500
76 500
76 500
76 500
Total tax
38 499
36 290
39 789
35 934
After tax
38 001
40 210
36 711
40 566
Living cost
26 788
26 788
26 788
26 788
Free-cash
11 213
13 422
9 923
13 778

Estimated living cost  is ₽26788 per week

₽16659
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2714
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽459
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6956
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽22208
₽8359
₽6798
₽11340
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
6 575
social contributions
-
-
-
22 338
solidarity contribution
-
-
-
-
health
-
-
-
10 327
total
-
-
-
39 240
Employee
44 798
-
57 089
-
solidarity contribution
-
-
-
-
social contributions
2 912
-
3 711
-
income
5 376
-
6 851
-
health
6 048
-
7 707
-
total
14 336
-
18 269
-
Employer
44 798
-
57 089
-
health
4 032
-
5 138
-
social contributions
11 199
-
14 272
-
total
15 231
-
19 410
-
Corporate
16 471
76 500
-
-
income
3 130
14 535
-
-
total
3 130
14 535
-
-
Dividends
13 342
61 965
-
-
withholding
2 001
9 295
-
-
total
2 001
9 295
-
-
Income
76 500
76 500
76 500
76 500
Total tax
34 698
23 830
37 679
39 240
After tax
41 802
52 670
38 821
37 260
Living cost
30 462
30 462
30 462
30 462
Free-cash
11 340
22 208
8 359
6 798

Estimated living cost  is ₽30462 per week

₽22654
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1688
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽527
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5594
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽11651
-₽5424
₽9312
₽11156
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
9 052
surtax
-
-
-
-
unemployment
-
-
-
6 099
chamber of commerce
-
-
-
306
health
-
-
-
5 852
pensions
-
-
-
14 153
total
-
-
-
35 462
Employee
43 469
39 629
59 403
-
other
434
396
594
-
unemployment
1 304
1 189
1 781
-
pensions
4 452
4 057
6 082
-
income
3 872
2 923
8 439
-
health
1 681
1 534
2 299
-
total
11 743
10 099
19 195
-
Employer
43 469
39 629
59 403
-
chamber of commerce
174
159
238
-
health
1 644
1 498
2 246
-
pensions
5 456
4 974
7 454
-
accident
564
515
772
-
unemployment
1 304
1 189
1 781
-
surtax
-
-
-
-
payroll
1 304
1 189
1 781
-
other
2 065
1 881
2 823
-
total
12 511
11 405
17 095
-
Corporate
20 521
25 465
55 630
-
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.

5 131
6 367
13 908
-
total
5 131
6 367
13 908
-
Dividends
15 390
19 098
-
-
withholding
4 233
5 252
-
-
total
4 233
5 252
-
-
Income
76 500
76 500
76 500
76 500
Total tax
33 618
33 123
50 198
35 462
After tax
42 882
43 377
26 302
41 038
Living cost
31 726
31 726
31 726
31 726
Free-cash
11 156
11 651
-5 424
9 312

Estimated living cost  is ₽31726 per week

₽19032
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3240
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽566
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8888
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽60102
₽48627
₽63162
₽57744
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
15 717
-
76 500
-
income
3 144
-
15 300
-
total
3 144
-
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%.

60 783
76 500
-
-
total
-
-
-
-
Dividends
60 783
76 500
-
-
withholding
3 039
3 825
-
-
total
3 039
3 825
-
-
Income
76 500
76 500
76 500
76 500
Total tax
6 183
3 825
15 300
765
After tax
70 317
72 675
61 200
75 735
Living cost
12 573
12 573
12 573
12 573
Free-cash
57 744
60 102
48 627
63 162

Estimated living cost  is ₽12573 per week

₽8509
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽528
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽422
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3115
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽25998
₽11720
₽13912
₽17681
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
14 302
unemployment
-
-
-
115
health
-
-
-
7 528
pensions
-
-
-
13 970
total
-
-
-
35 915
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.

43 974
-
66 194
-
unemployment
62
-
92
-
pensions
6 816
-
10 260
-
income
7 583
-
13 173
-
health
2 840
-
4 276
-
total
17 301
-
27 801
-
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.

43 974
-
66 194
-
health
2 929
-
4 408
-
pensions
3 891
-
5 858
-
unemployment
26
-
40
-
total
6 846
-
10 306
-
Corporate
25 680
76 500
-
-
income
4 880
14 535
-
-
total
4 880
14 535
-
-
Dividends
20 800
61 965
-
-
withholding
3 119
9 294
-
-
total
3 119
9 294
-
-
Income
76 500
76 500
76 500
76 500
Total tax
32 146
23 829
38 107
35 915
After tax
44 354
52 671
38 393
40 585
Living cost
26 673
26 673
26 673
26 673
Free-cash
17 681
25 998
11 720
13 912

Estimated living cost  is ₽26673 per week

₽18305
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1710
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽517
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6143
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽3236
₽19989
₽9561
-₽73151
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
62 096
-
-
-
social contributions
5 092
-
726
-
income
13 697
-
-
-
total
18 789
-
726
-
Employer
62 096
-
-
-
social contributions
87 555
-
12 478
-
total
87 555
-
12 478
-
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
106 344
29 957
13 204
23 632
After tax
-29 844
46 543
63 296
52 868
Living cost
43 307
43 307
43 307
43 307
Free-cash
-73 151
3 236
19 989
9 561

Estimated living cost  is ₽43307 per week

₽28099
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4073
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽552
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10583
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽12321
₽9148
₽12196
₽11319
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
6 528
surtax
-
-
-
-
social contributions

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

-
-
-
26 584
total
-
-
-
33 112
Employee
45 736
-
61 818
-
surtax
-
-
-
-
social contributions
5 031
-
6 799
-
income
9 513
-
14 679
-
total
14 544
-
21 478
-
Employer
45 736
-
61 818
-
social contributions
10 862
-
14 682
-
total
10 862
-
14 682
-
Corporate
19 902
76 500
-
-
income
4 180
16 065
-
-
surtax
-
-
-
-
total
4 180
16 065
-
-
Dividends
15 722
60 435
-
-
withholding
4 403
16 922
-
-
total
4 403
16 922
-
-
Income
76 500
76 500
76 500
76 500
Total tax
33 989
32 987
36 160
33 112
After tax
42 511
43 513
40 340
43 388
Living cost
31 192
31 192
31 192
31 192
Free-cash
11 319
12 321
9 148
12 196

Estimated living cost  is ₽31192 per week

₽23338
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1840
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽521
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5493
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Lisbon model

Close
Paris , France
-₽9474
-₽2405
-₽3962
-₽5235
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
4 174
other
-
-
-
2 372
surtax
-
-
-
-
social contributions
-
-
-
2 180
health
-
-
-
662
pensions
-
-
-
23 044
total
-
-
-
32 432
Employee
62 283
-
58 295
-
pensions
7 045
-
6 594
-
surtax
-
-
-
-
social contributions
1 774
-
1 661
-
income
5 434
-
4 414
-
total
14 253
-
12 669
-
Employer
62 283
-
58 295
-
health
4 359
-
4 080
-
pensions
10 234
-
9 577
-
unemployment
2 523
-
2 361
-
social contributions
187
-
176
-
other
2 149
-
2 012
-
total
19 452
-
18 206
-
Corporate
-
76 500
-
-
income
-
21 421
-
-
surtax
-
-
-
-
total
-
21 421
-
-
Dividends
-
55 079
-
-
surtax
-
-
-
-
social contributions
-
9 473
-
-
withholding
-
7 050
-
-
total
-
16 523
-
-
Income
76 500
76 500
76 500
76 500
Total tax
33 705
37 944
30 875
32 432
After tax
42 795
38 556
45 625
44 068
Living cost
48 030
48 030
48 030
48 030
Free-cash
-5 235
-9 474
-2 405
-3 962

Estimated living cost  is ₽48030 per week

₽32506
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3929
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽659
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10936
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38958
₽31205
₽29058
₽35617
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
719
social contributions
-
-
-
16 831
total
-
-
-
17 550
Employee
31 970
-
66 234
-
income
-
-
832
-
social contributions
2 078
-
4 305
-
total
2 078
-
5 137
-
Employer
31 970
-
66 234
-
social contributions
4 956
-
10 266
-
total
4 956
-
10 266
-
Corporate
39 575
76 500
-
-
income
3 957
7 650
-
-
total
3 957
7 650
-
-
Dividends
35 617
68 850
-
-
total
-
-
-
-
Income
76 500
76 500
76 500
76 500
Total tax
10 991
7 650
15 403
17 550
After tax
65 509
68 850
61 097
58 950
Living cost
29 892
29 892
29 892
29 892
Free-cash
35 617
38 958
31 205
29 058

Estimated living cost  is ₽29892 per week

₽19328
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2253
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.
₽7748
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽140066
-₽140066
₽537
-₽140066
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
labour market
-
-
-
6 051
municipal
-
-
-
13 416
national
-
-
-
7 764
pensions
-
-
-
862
total
-
-
-
28 093
Employee
202 050
202 050
202 050
-
municipal
43 025
43 025
43 025
-
labour market
16 141
16 141
16 141
-
pensions
287
287
287
-
national
24 684
24 684
24 684
-
total
84 137
84 137
84 137
-
Employer
202 050
202 050
202 050
-
national
24 727
24 727
24 727
-
labour market
16 164
16 164
16 164
-
pensions
574
574
574
-
municipal
43 094
43 094
43 094
-
total
84 559
84 559
84 559
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
76 500
76 500
76 500
76 500
Total tax
168 696
168 696
168 696
28 093
After tax
-92 196
-92 196
-92 196
48 407
Living cost
47 870
47 870
47 870
47 870
Free-cash
-140 066
-140 066
-140 066
537

Estimated living cost  is ₽47870 per week

₽32763
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4235
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽736
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10136
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽15593
₽17008
₽30868
₽2856
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
254
income
-
-
-
16 840
other
-
-
-
373
health
-
-
-
2 192
pensions
-
-
-
4 183
total
-
-
-
23 842
Employee
34 277
-
63 548
-
pensions
3 860
-
7 156
-
income
4 702
-
10 318
-
health
3 925
-
7 277
-
total
12 487
-
24 751
-
Employer
34 277
-
63 548
-
pensions
5 573
-
10 333
-
accident
572
-
1 061
-
unemployment
840
-
1 557
-
total
6 985
-
12 951
-
Corporate
35 237
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.

31 713
68 850
-
-
total
31 713
68 850
-
-
Dividends
3 524
7 650
-
-
withholding
669
1 453
-
-
total
669
1 453
-
-
Income
76 500
76 500
76 500
76 500
Total tax
51 854
70 303
37 702
23 842
After tax
24 646
6 197
38 798
52 658
Living cost
21 790
21 790
21 790
21 790
Free-cash
2 856
-15 593
17 008
30 868

Estimated living cost  is ₽21790 per week

₽15861
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1242
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽409
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4278
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽13997
₽7277
₽18459
₽9900
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
762
municipal
-
-
-
13 633
national
-
-
-
5 467
total
-
-
-
19 862
Employee
52 319
-
64 355
-
municipal
8 569
-
10 524
-
unemployment
785
-
966
-
pensions
3 531
-
4 344
-
national
864
-
2 489
-
health
391
-
576
-
total
14 140
-
18 899
-
Employer
52 319
-
64 355
-
health
402
-
496
-
pensions
9 077
-
11 166
-
accident
53
-
64
-
unemployment
340
-
419
-
total
9 872
-
12 145
-
Corporate
14 310
76 500
-
-
income
2 863
15 301
-
-
total
2 863
15 301
-
-
Dividends

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

8 585
45 899
-
-
municipal
1 546
8 262
-
-
national
-
761
-
-
total
1 546
9 023
-
-
Income
76 500
76 500
76 500
76 500
Total tax
28 421
24 324
31 044
19 862
After tax
48 079
52 176
45 456
56 638
Living cost
38 179
38 179
38 179
38 179
Free-cash
9 900
13 997
7 277
18 459

Estimated living cost  is ₽38179 per week

₽24938
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3672
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽608
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8962
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽30990
₽32192
₽33939
₽27691
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
5 652
social contributions
-
-
-
11 934
health
-
-
-
1 951
total
-
-
-
19 537
Employee
76 467
76 467
76 467
-
social contributions
2 891
6 346
5 765
-
income
8 326
7 079
7 288
-
health
593
1 300
1 181
-
total
11 810
14 725
14 234
-
Employer
76 467
76 467
76 467
-
health
644
1 415
1 285
-
social contributions
2 891
6 346
5 765
-
total
3 535
7 761
7 050
-
Corporate
38 132
-
-
-
income
4 767
-
-
-
total
4 767
-
-
-
Dividends
33 365
-
-
-
withholding
5 673
-
-
-
total
5 673
-
-
-
Income
76 500
76 500
76 500
76 500
Total tax
25 785
22 486
21 284
19 537
After tax
50 715
54 014
55 216
56 963
Living cost
23 024
23 024
23 024
23 024
Free-cash
27 691
30 990
32 192
33 939

Estimated living cost  is ₽23024 per week

₽13799
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2259
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽510
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6458
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47563
₽31477
₽43790
₽42503
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
6 969
unemployment
-
-
-
28
health
-
-
-
3 599
pensions
-
-
-
6 326
total
-
-
-
16 922
Employee

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

22 826
-
69 357
-
unemployment
113
-
347
-
pensions
3 423
-
10 404
-
income
1 561
-
5 446
-
health
1 940
-
5 895
-
total
7 037
-
22 092
-
Employer

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

22 826
-
69 357
-
health
981
-
2 982
-
pensions
1 255
-
3 814
-
unemployment
113
-
347
-
total
2 349
-
7 143
-
Corporate
51 325
76 500
-
-
income
4 620
6 884
-
-
total
4 620
6 884
-
-
Dividends
46 705
69 616
-
-
withholding
4 203
6 265
-
-
total
4 203
6 265
-
-
Income
76 500
76 500
76 500
76 500
Total tax
18 209
13 149
29 235
16 922
After tax
58 291
63 351
47 265
59 578
Living cost
15 788
15 788
15 788
15 788
Free-cash
42 503
47 563
31 477
43 790

Estimated living cost  is ₽15788 per week

₽10073
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1138
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.
₽4106
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽24249
₽14144
₽13600
₽19034
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
689
income
-
-
-
12 603
other
-
-
-
77
unemployment
-
-
-
536
pensions
-
-
-
21 649
total
-
-
-
35 554
Employee
36 770
-
58 008
-
other
36
-
59
-
unemployment
570
-
898
-
pensions
1 729
-
2 727
-
income
7 089
-
12 835
-
total
9 424
-
16 519
-
Employer
36 770
-
58 008
-
pensions
8 677
-
13 689
-
accident
728
-
1 149
-
unemployment
2 023
-
3 191
-
other
294
-
462
-
total
11 722
-
18 491
-
Corporate
28 007
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.

4 201
11 476
-
-
total
4 201
11 476
-
-
Dividends
23 807
65 024
-
-
withholding
4 773
13 429
-
-
total
4 773
13 429
-
-
Income
76 500
76 500
76 500
76 500
Total tax
30 120
24 905
35 010
35 554
After tax
46 380
51 595
41 490
40 946
Living cost
27 346
27 346
27 346
27 346
Free-cash
19 034
24 249
14 144
13 600

Estimated living cost  is ₽27346 per week

₽18458
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2629
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽479
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5780
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽45799
₽46513
₽46651
₽45482
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
25 475
health
-
-
-
1 024
pensions
-
-
-
1 413
total
-
-
-
27 912
Employee
2 950
-
74 911
-
unemployment
30
-
71
-
pensions
265
-
636
-
income
571
-
25 401
-
health
147
-
353
-
total
1 013
-
26 461
-
Employer
2 950
-
74 911
-
health
280
-
671
-
pensions
324
-
777
-
unemployment
59
-
141
-
total
663
-
1 589
-
Corporate
72 886
76 500
-
-
income
16 035
16 830
-
-
total
16 035
16 830
-
-
Dividends
56 851
59 670
-
-
withholding
11 370
11 934
-
-
total
11 370
11 934
-
-
Income
76 500
76 500
76 500
76 500
Total tax
29 081
28 764
28 050
27 912
After tax
47 419
47 736
48 450
48 588
Living cost
1 937
1 937
1 937
1 937
Free-cash
45 482
45 799
46 513
46 651

Estimated living cost  is ₽1937 per week

₽1151
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽157
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽44
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽584
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38066
₽22607
₽20486
₽33171
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
11 017
unemployment
-
-
-
1 103
health
-
-
-
7 573
pensions
-
-
-
19 116
total
-
-
-
38 809
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.

25 945
-
64 885
-
unemployment
195
-
487
-
pensions
3 632
-
9 084
-
income
3 576
-
12 160
-
health
1 336
-
3 342
-
total
8 739
-
25 073
-
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.

25 945
-
64 885
-
health
1 336
-
3 342
-
pensions
3 113
-
7 786
-
unemployment
195
-
487
-
total
4 644
-
11 615
-
Corporate
45 911
76 500
-
-
income
6 887
11 475
-
-
total
6 887
11 475
-
-
Dividends
39 025
65 025
-
-
withholding
5 854
9 754
-
-
total
5 854
9 754
-
-
Income
76 500
76 500
76 500
76 500
Total tax
26 124
21 229
36 688
38 809
After tax
50 376
55 271
39 812
37 691
Living cost
17 205
17 205
17 205
17 205
Free-cash
33 171
38 066
22 607
20 486

Estimated living cost  is ₽17205 per week

₽11584
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1331
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽498
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3792
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽16704
₽13531
₽16579
₽16345
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
6 528
surtax
-
-
-
-
social contributions

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

-
-
-
26 584
total
-
-
-
33 112
Employee
38 596
-
61 818
-
surtax
-
-
-
-
social contributions
4 246
-
6 799
-
income
7 541
-
14 679
-
total
11 787
-
21 478
-
Employer
38 596
-
61 818
-
social contributions
9 166
-
14 682
-
total
9 166
-
14 682
-
Corporate
28 738
76 500
-
-
income
6 035
16 065
-
-
surtax
-
-
-
-
total
6 035
16 065
-
-
Dividends
22 703
60 435
-
-
withholding
6 358
16 922
-
-
total
6 358
16 922
-
-
Income
76 500
76 500
76 500
76 500
Total tax
33 346
32 987
36 160
33 112
After tax
43 154
43 513
40 340
43 388
Living cost
26 809
26 809
26 809
26 809
Free-cash
16 345
16 704
13 531
16 579

Estimated living cost  is ₽26809 per week

₽18988
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1863
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽476
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5484
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽16646
₽6541
₽5997
₽9061
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
689
income
-
-
-
12 603
other
-
-
-
77
unemployment
-
-
-
536
pensions
-
-
-
21 649
total
-
-
-
35 554
Employee
48 026
-
58 008
-
other
47
-
59
-
unemployment
744
-
898
-
pensions
2 257
-
2 727
-
income
10 031
-
12 835
-
total
13 079
-
16 519
-
Employer
48 026
-
58 008
-
pensions
11 334
-
13 689
-
accident
951
-
1 149
-
unemployment
2 642
-
3 191
-
other
385
-
462
-
total
15 312
-
18 491
-
Corporate
13 162
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.

1 974
11 476
-
-
total
1 974
11 476
-
-
Dividends
11 188
65 024
-
-
withholding
2 125
13 429
-
-
total
2 125
13 429
-
-
Income
76 500
76 500
76 500
76 500
Total tax
32 490
24 905
35 010
35 554
After tax
44 010
51 595
41 490
40 946
Living cost
34 949
34 949
34 949
34 949
Free-cash
9 061
16 646
6 541
5 997

Estimated living cost  is ₽34949 per week

₽25099
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2717
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽493
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6641
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽48301
₽40581
₽38645
₽42242
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
11 475
unemployment
-
-
-
139
health
-
-
-
3 994
pensions

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

-
-
-
5 141
total
-
-
-
20 749
Employee
22 651
-
69 685
-
accident

We are using the highest rate at 1.1%.

249
-
382
-
pensions

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

1 989
-
3 050
-
income
2 265
-
6 968
-
health
1 042
-
1 598
-
total
5 545
-
11 998
-
Employer
22 651
-
69 685
-
health
1 563
-
2 397
-
pensions

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

2 496
-
3 828
-
accident

We are using the highest rate at 1.1%.

249
-
382
-
unemployment
136
-
208
-
total
4 444
-
6 815
-
Corporate
49 405
76 500
-
-
income
4 940
7 650
-
-
total
4 940
7 650
-
-
Dividends
44 465
68 850
-
-
withholding
2 223
3 443
-
-
total
2 223
3 443
-
-
Income
76 500
76 500
76 500
76 500
Total tax
17 152
11 093
18 813
20 749
After tax
59 348
65 407
57 687
55 751
Living cost
17 106
17 106
17 106
17 106
Free-cash
42 242
48 301
40 581
38 645

Estimated living cost  is ₽17106 per week

₽11314
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽979
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽408
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4406
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽1141
₽18274
₽13932
₽14147
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
12 361
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.

-
-
-
679
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.

-
-
-
6 794
trade
-
-
-
4 342
total
-
-
-
24 176
Employee

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

49 479
-
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.

225
-
679
-
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.

4 069
-
12 361
-
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.

6 794
-
6 794
-
total
11 088
-
19 834
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
27 021
76 500
-
-
income
4 054
11 476
-
-
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.

223
630
-
-
chamber of commerce
191
262
-
-
trade
3 878
10 977
-
-
total
8 346
23 345
-
-
Dividends
18 676
53 155
-
-
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
710
-
-
withholding
4 291
12 912
-
-
total
4 527
13 622
-
-
Income
76 500
76 500
76 500
76 500
Total tax
23 961
36 967
19 834
24 176
After tax
52 539
39 533
56 666
52 324
Living cost
38 392
38 392
38 392
38 392
Free-cash
14 147
1 141
18 274
13 932

Estimated living cost  is ₽38392 per week

₽26484
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4131
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽557
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7220
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽3096
-₽631
-₽631
-₽1287
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
14 163
social contributions
-
-
-
6 321
total
-
-
-
20 484
Employee
77 786
-
76 500
-
income
14 678
-
14 163
-
social contributions
6 462
-
6 321
-
total
21 140
-
20 484
-
Employer
77 786
-
76 500
-
total
-
-
-
-
Corporate
-
76 500
-
-
income
-
9 562
-
-
total
-
9 562
-
-
Dividends
-
66 938
-
-
withholding
-
13 387
-
-
total
-
13 387
-
-
Income
76 500
76 500
76 500
76 500
Total tax
21 140
22 949
20 484
20 484
After tax
55 360
53 551
56 016
56 016
Living cost
56 647
56 647
56 647
56 647
Free-cash
-1 287
-3 096
-631
-631

Estimated living cost  is ₽56647 per week

₽43096
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4616
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽542
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8394
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽8374
₽19728
₽6071
₽14133
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
28 307
health

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

-
-
-
6 024
total
-
-
-
34 331
Employee
45 618
-
71 926
-
income
4 950
-
11 526
-
social contributions
4 571
-
4 574
-
total
9 521
-
16 100
-
Employer
45 618
-
71 926
-
social contributions
4 571
-
4 574
-
total
4 571
-
4 574
-
Corporate
26 311
76 500
-
-
income
9 209
26 774
-
-
total
9 209
26 774
-
-
Dividends
17 102
49 726
-
-
social contributions
2 968
5 254
-
-
total
2 968
5 254
-
-
Income
76 500
76 500
76 500
76 500
Total tax
26 269
32 028
20 674
34 331
After tax
50 231
44 472
55 826
42 169
Living cost
36 098
36 098
36 098
36 098
Free-cash
14 133
8 374
19 728
6 071

Estimated living cost  is ₽36098 per week

₽23778
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2846
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽553
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8920
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽20716
₽12024
₽20407
₽15158
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
14 253
pensions
-
-
-
5 239
total
-
-
-
19 492
Employee
50 240
-
67 724
-
pensions
3 835
-
5 933
-
income
9 149
-
12 155
-
health
655
-
1 013
-
total
13 639
-
19 101
-
Employer
50 240
-
67 724
-
health
955
-
1 287
-
pensions
5 076
-
7 487
-
total
6 031
-
8 774
-
Corporate
20 229
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.

3 843
14 535
-
-
total
3 843
14 535
-
-
Dividends
16 386
61 965
-
-
withholding
1 228
4 648
-
-
total
1 228
4 648
-
-
Income
76 500
76 500
76 500
76 500
Total tax
24 741
19 183
27 875
19 492
After tax
51 759
57 317
48 625
57 008
Living cost
36 601
36 601
36 601
36 601
Free-cash
15 158
20 716
12 024
20 407

Estimated living cost  is ₽36601 per week

₽25108
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3366
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽458
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7667
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽17750
₽14851
₽28711
₽2523
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
254
income
-
-
-
16 840
other
-
-
-
373
health
-
-
-
2 192
pensions
-
-
-
4 183
total
-
-
-
23 842
Employee
37 670
-
63 548
-
pensions
4 242
-
7 156
-
income
5 168
-
10 318
-
health
4 313
-
7 277
-
total
13 723
-
24 751
-
Employer
37 670
-
63 548
-
pensions
6 125
-
10 333
-
accident
629
-
1 061
-
unemployment
923
-
1 557
-
total
7 677
-
12 951
-
Corporate
31 153
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.

28 038
68 850
-
-
total
28 038
68 850
-
-
Dividends
3 115
7 650
-
-
withholding
592
1 453
-
-
total
592
1 453
-
-
Income
76 500
76 500
76 500
76 500
Total tax
50 030
70 303
37 702
23 842
After tax
26 470
6 197
38 798
52 658
Living cost
23 947
23 947
23 947
23 947
Free-cash
2 523
-17 750
14 851
28 711

Estimated living cost  is ₽23947 per week

₽17575
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1395
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽482
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4495
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽51539
₽30866
₽30866
₽46684
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
11 110
unemployment
-
-
-
918
work injury
-
-
-
383
health insurance
-
-
-
5 661
pensions
-
-
-
14 076
total
-
-
-
32 148
Employee

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

21 577
-
76 500
-
health insurance
1 597
-
5 661
-
unemployment
259
-
918
-
work injury
108
-
383
-
pensions
3 970
-
14 076
-
income
2 158
-
11 110
-
total
8 092
-
32 148
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
54 923
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
54 923
76 500
-
-
withholding
8 238
11 475
-
-
total
8 238
11 475
-
-
Income
76 500
76 500
76 500
76 500
Total tax
16 330
11 475
32 148
32 148
After tax
60 170
65 025
44 352
44 352
Living cost
13 486
13 486
13 486
13 486
Free-cash
46 684
51 539
30 866
30 866

Estimated living cost  is ₽13486 per week

₽8355
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽980
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽421
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3730
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽680
-₽3028
₽732
-₽7298
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions
-
-
-
19 675
regional
-
-
-
1 316
municipal
-
-
-
511
national
-
-
-
14 650
total
-
-
-
36 152
Employee
83 797
-
76 500
-
municipal
500
-
457
-
national
14 161
-
12 559
-
regional
1 265
-
1 101
-
social contributions
28 256
-
25 795
-
total
44 182
-
39 912
-
Employer
83 797
-
76 500
-
total
-
-
-
-
Corporate
-
76 500
-
-
municipal
-
3 687
-
-
nationa
-
18 360
-
-
total
-
22 047
-
-
Dividends
-
54 453
-
-
withholding
-
14 157
-
-
total
-
14 157
-
-
Income
76 500
76 500
76 500
76 500
Total tax
44 182
36 204
39 912
36 152
After tax
32 318
40 296
36 588
40 348
Living cost
39 616
39 616
39 616
39 616
Free-cash
-7 298
680
-3 028
732

Estimated living cost  is ₽39616 per week

₽27827
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2725
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽598
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8464
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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