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
₽20503
₽27588
₽10013
₽22482
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 477
trade
-
-
-
5 106
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.

-
-
-
13 003
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.

-
-
-
714
total
-
-
-
25 300
Employee

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

36 264
-
76 500
-
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.

6 477
-
6 477
-
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.

1 013
-
13 003
-
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.

56
-
714
-
total
7 546
-
20 194
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
40 236
76 500
-
-
income
6 035
11 476
-
-
chamber of commerce
202
254
-
-
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.

331
632
-
-
trade
6 337
12 050
-
-
total
12 905
24 412
-
-
Dividends
27 332
52 090
-
-
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.

356
696
-
-
withholding
6 472
12 661
-
-
total
6 828
13 357
-
-
Income
76 500
76 500
76 500
76 500
Total tax
27 279
37 769
20 194
25 300
After tax
49 221
38 731
56 306
51 200
Living cost
28 718
28 718
28 718
28 718
Free-cash
20 503
10 013
27 588
22 482

Estimated living cost  is ₽28718 per week

₽18064
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3348
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.
₽6769
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

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
-₽6523
-₽1670
-₽1365
-₽2270
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
7 714
pensions
-
-
-
9 180
national
-
-
-
11 953
total
-
-
-
29 669
Employee
76 115
-
66 134
-
pensions
3 045
-
2 645
-
municipal
9 402
-
8 010
-
national
14 568
-
12 412
-
total
27 015
-
23 067
-
Employer
76 115
-
66 134
-
pensions
6 089
-
5 291
-
social contributions
818
-
711
-
total
6 907
-
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
33 922
28 764
29 069
29 669
After tax
42 578
47 736
47 431
46 831
Living cost
49 101
49 101
49 101
49 101
Free-cash
-6 523
-1 365
-1 670
-2 270

Estimated living cost  is ₽49101 per week

₽33373
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4564
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽735
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10428
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽33698
₽23603
₽41474
₽21323
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
24 594
income
-
-
-
10 858
surtax
-
-
-
-
microenterprise
-
-
-
-
total
-
-
-
35 452
Employee
27 705
-
61 649
-
social contributions

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

3 048
-
6 781
-
income
4 932
-
11 540
-
surtax
-
-
-
-
total
7 980
-
18 321
-
Employer
27 705
-
61 649
-
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.

6 673
-
14 851
-
total
6 673
-
14 851
-
Corporate
42 122
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%.

8 424
15 301
-
-
total
8 424
15 301
-
-
Dividends

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

33 698
61 199
-
-
total
-
-
-
-
Income
76 500
76 500
76 500
76 500
Total tax
23 077
15 301
33 172
35 452
After tax
53 423
61 199
43 328
41 048
Living cost
19 725
19 725
19 725
19 725
Free-cash
33 698
41 474
23 603
21 323

Estimated living cost  is ₽19725 per week

₽12584
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1878
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽448
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4815
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽17650
-₽17650
-₽12329
₽3805
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 500
health
-
-
-
10 317
income
-
-
-
11 551
pensions
-
-
-
11 109
total
-
-
-
32 977
Employee
80 966
80 966
80 966
-
pensions
14 574
11 109
14 574
-
health
12 427
10 571
12 427
-
income

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

13 253
13 253
13 253
-
total
40 254
34 933
40 254
-
Employer
80 966
80 966
80 966
-
pensions
5 635
5 635
5 635
-
health
5 628
5 628
5 628
-
unemployment
2 915
2 915
2 915
-
total
14 178
14 178
14 178
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
76 500
76 500
76 500
76 500
Total tax
54 432
49 111
54 432
32 977
After tax
22 068
27 389
22 068
43 523
Living cost
39 718
39 718
39 718
39 718
Free-cash
-17 650
-12 329
-17 650
3 805

Estimated living cost  is ₽39718 per week

₽28147
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3581
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.
₽7359
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽2203
₽2156
₽3072
-₽564
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
4 774
municipal
-
-
-
16 204
pensions
-
-
-
8 270
other
-
-
-
8 889
unemployment
-
-
-
77
national
-
-
-
-
total
-
-
-
38 367
Employee
55 140
-
58 210
-
municipal
16 443
-
17 358
-
national
-
-
-
-
total
16 443
-
17 358
-
Employer
55 140
-
58 210
-
pensions
5 961
-
6 292
-
other
6 407
-
6 764
-
health
3 391
-
3 580
-
unemployment
1 456
-
1 537
-
accident
110
-
116
-
total
17 325
-
18 289
-
Corporate
4 035
76 500
-
-
income
888
16 830
-
-
total
888
16 830
-
-
Dividends
3 147
59 670
-
-
withholding
944
17 901
-
-
total
944
17 901
-
-
Income
76 500
76 500
76 500
76 500
Total tax
35 600
34 731
35 647
38 367
After tax
40 900
41 769
40 853
38 133
Living cost
38 697
38 697
38 697
38 697
Free-cash
2 203
3 072
2 156
-564

Estimated living cost  is ₽38697 per week

₽25647
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3797
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽588
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8665
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽14416
₽19060
₽1093
₽13727
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 477
trade
-
-
-
5 333
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.

-
-
-
13 003
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.

-
-
-
714
total
-
-
-
25 527
Employee

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

48 081
-
76 500
-
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.

6 477
-
6 477
-
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.

4 131
-
13 003
-
surtax

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

227
-
714
-
total
10 835
-
20 194
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
28 419
76 500
-
-
income
4 262
11 476
-
-
chamber of commerce
184
252
-
-
surtax

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

234
632
-
-
trade
4 674
12 584
-
-
total
9 354
24 944
-
-
Dividends
19 064
51 557
-
-
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.

243
689
-
-
withholding
4 406
12 528
-
-
total
4 649
13 217
-
-
Income
76 500
76 500
76 500
76 500
Total tax
24 838
38 161
20 194
25 527
After tax
51 662
38 339
56 306
50 973
Living cost
37 246
37 246
37 246
37 246
Free-cash
14 416
1 093
19 060
13 727

Estimated living cost  is ₽37246 per week

₽24911
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3928
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽556
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7852
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽21417
₽24901
₽24308
₽25747
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
11 934
health
-
-
-
1 950
income
-
-
-
6 117
total
-
-
-
20 001
Employee
72 906
72 906
72 906
-
health
725
1 240
1 180
-
social contributions
3 543
6 051
5 765
-
income
7 656
6 749
6 852
-
total
11 924
14 040
13 797
-
Employer
72 906
72 906
72 906
-
health
790
1 349
1 285
-
social contributions
3 543
6 051
5 765
-
total
4 333
7 400
7 050
-
Corporate
29 491
-
-
-
income
3 687
-
-
-
total
3 687
-
-
-
Dividends
25 805
-
-
-
withholding
4 387
-
-
-
total
4 387
-
-
-
Income
76 500
76 500
76 500
76 500
Total tax
24 331
21 440
20 847
20 001
After tax
52 169
55 060
55 653
56 499
Living cost
30 752
30 752
30 752
30 752
Free-cash
21 417
24 308
24 901
25 747

Estimated living cost  is ₽30752 per week

₽21022
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2402
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽516
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6812
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽25913
₽26722
₽25544
₽35369
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 500
health
-
-
-
5 355
income
-
-
-
9 352
pensions
-
-
-
7 650
unemployment
-
-
-
1 148
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.

25 443
10 126
64 017
-
unemployment
382
152
960
-
pensions
2 544
1 013
6 402
-
health
1 781
709
4 481
-
income
3 110
1 238
7 826
-
total
7 817
3 112
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.

25 443
10 126
64 017
-
pensions
4 961
1 975
12 483
-
total
4 961
1 975
12 483
-
Corporate
46 095
64 399
-
-
income
4 149
5 796
-
-
total
4 149
5 796
-
-
Dividends
41 947
58 603
-
-
social contributions
8 064
11 312
-
-
withholding
7 970
11 135
-
-
total
16 034
22 447
-
-
Income
76 500
76 500
76 500
76 500
Total tax
32 961
33 330
32 152
23 505
After tax
43 539
43 170
44 348
52 995
Living cost
17 626
17 626
17 626
17 626
Free-cash
25 913
25 544
26 722
35 369

Estimated living cost  is ₽17626 per week

₽12028
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1442
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽352
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3803
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽32409
₽21193
₽38298
₽18104
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 500
health
-
-
-
9 944
income
-
-
-
10 250
pensions
-
-
-
15 301
total
-
-
-
35 495
Employee
26 897
-
57 176
-
unemployment
430
-
914
-
pensions
538
-
1 144
-
income
3 028
-
11 024
-
total
3 996
-
13 082
-
Employer
26 897
-
57 176
-
pensions
5 380
-
11 434
-
health
3 496
-
7 433
-
unemployment
216
-
457
-
total
9 092
-
19 324
-
Corporate
40 512
76 500
-
-
income
8 102
15 301
-
-
total
8 102
15 301
-
-
Dividends
32 410
61 199
-
-
total
-
-
-
-
Income
76 500
76 500
76 500
76 500
Total tax
21 190
15 301
32 406
35 495
After tax
55 310
61 199
44 094
41 005
Living cost
22 901
22 901
22 901
22 901
Free-cash
32 409
38 298
21 193
18 104

Estimated living cost  is ₽22901 per week

₽15707
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1364
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽461
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5369
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽2947
₽17388
-₽14985
₽31449
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
243
health
-
-
-
2 100
income
-
-
-
17 164
pensions
-
-
-
4 006
other
-
-
-
357
total
-
-
-
23 870
Employee
33 318
-
63 549
-
pensions
3 752
-
7 156
-
health
3 815
-
7 277
-
income
4 571
-
10 547
-
total
12 138
-
24 980
-
Employer
33 318
-
63 549
-
pensions
5 418
-
10 333
-
unemployment
816
-
1 557
-
accident
556
-
1 061
-
total
6 790
-
12 951
-
Corporate
36 391
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.

32 752
68 850
-
-
total
32 752
68 850
-
-
Dividends
3 639
7 650
-
-
withholding
692
1 454
-
-
total
692
1 454
-
-
Income
76 500
76 500
76 500
76 500
Total tax
52 372
70 304
37 931
23 870
After tax
24 128
6 196
38 569
52 630
Living cost
21 181
21 181
21 181
21 181
Free-cash
2 947
-14 985
17 388
31 449

Estimated living cost  is ₽21181 per week

₽15524
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1174
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽442
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4042
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63387
₽53378
₽64853
₽67913
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
9 778
-
76 500
-
income
1 955
-
15 300
-
total
1 955
-
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%.

66 722
76 500
-
-
total
-
-
-
-
Dividends
66 722
76 500
-
-
withholding
3 336
3 825
-
-
total
3 336
3 825
-
-
Income
76 500
76 500
76 500
76 500
Total tax
5 291
3 825
15 300
765
After tax
71 209
72 675
61 200
75 735
Living cost
7 822
7 822
7 822
7 822
Free-cash
63 387
64 853
53 378
67 913

Estimated living cost  is ₽7822 per week

₽4848
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽650
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽215
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2109
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽24537
₽19576
₽30941
₽16160
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 500
health
-
-
-
3 366
income
-
-
-
9 716
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
other
-
-
-
3 634
total
-
-
-
35 076
Employee
34 425
-
61 102
-
unemployment
344
-
612
-
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.

2 409
-
4 277
-
health
482
-
855
-
income
5 927
-
10 518
-
total
9 162
-
16 262
-
Employer
34 425
-
61 102
-
pensions

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

5 853
-
10 387
-
other
1 722
-
3 055
-
health
482
-
855
-
unemployment
344
-
612
-
accident
275
-
489
-
total
8 676
-
15 398
-
Corporate
33 399
76 500
-
-
income
7 013
16 065
-
-
total
7 013
16 065
-
-
Dividends
26 385
60 435
-
-
withholding
1 848
4 230
-
-
total
1 848
4 230
-
-
Income
76 500
76 500
76 500
76 500
Total tax
26 699
20 295
31 660
35 076
After tax
49 801
56 205
44 840
41 424
Living cost
25 264
25 264
25 264
25 264
Free-cash
24 537
30 941
19 576
16 160

Estimated living cost  is ₽25264 per week

₽17850
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1706
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽407
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5301
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽23480
-₽13702
-₽4830
-₽5212
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
14 233
pensions
-
-
-
5 333
total
-
-
-
19 566
Employee
87 927
-
67 633
-
pensions
8 483
-
6 047
-
health
1 449
-
1 033
-
income
15 850
-
12 111
-
total
25 782
-
19 191
-
Employer
87 927
-
67 633
-
pensions
10 382
-
7 580
-
health
1 670
-
1 285
-
total
12 052
-
8 865
-
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.

-
14 536
-
-
total
-
14 536
-
-
Dividends
-
61 964
-
-
withholding
-
4 648
-
-
total
-
4 648
-
-
Income
76 500
76 500
76 500
76 500
Total tax
37 834
19 184
28 056
19 566
After tax
38 666
57 316
48 444
56 934
Living cost
62 146
62 146
62 146
62 146
Free-cash
-23 480
-4 830
-13 702
-5 212

Estimated living cost  is ₽62146 per week

₽46567
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7302
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽505
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7772
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽48575
₽45779
₽52978
₽43755
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 500
health
-
-
-
3 808
income
-
-
-
11 475
pensions

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

-
-
-
4 901
unemployment
-
-
-
132
total
-
-
-
20 316
Employee
16 458
-
70 003
-
accident

We are using the highest rate at 1.1%.

181
-
364
-
pensions

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

1 445
-
2 907
-
health
757
-
1 523
-
income
1 646
-
7 001
-
total
4 029
-
11 795
-
Employer
16 458
-
70 003
-
pensions

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

1 814
-
3 649
-
health
1 136
-
2 285
-
unemployment
98
-
199
-
accident

We are using the highest rate at 1.1%.

181
-
364
-
total
3 229
-
6 497
-
Corporate
56 813
76 500
-
-
income
5 682
7 650
-
-
total
5 682
7 650
-
-
Dividends
51 131
68 850
-
-
withholding
2 556
3 443
-
-
total
2 556
3 443
-
-
Income
76 500
76 500
76 500
76 500
Total tax
15 496
11 093
18 292
20 316
After tax
61 004
65 407
58 208
56 184
Living cost
12 429
12 429
12 429
12 429
Free-cash
48 575
52 978
45 779
43 755

Estimated living cost  is ₽12429 per week

₽7256
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽888
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽329
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3956
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Varna model

Close
Amsterdam , Netherlands
-₽26793
-₽30507
-₽25186
-₽9052
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 500
health
-
-
-
10 317
income
-
-
-
11 551
pensions
-
-
-
11 109
total
-
-
-
32 977
Employee
87 903
80 966
80 966
-
pensions
11 109
11 109
14 574
-
health
10 966
10 571
12 427
-
income

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

13 253
13 253
13 253
-
total
35 328
34 933
40 254
-
Employer
87 903
80 966
80 966
-
pensions
6 117
5 635
5 635
-
health
6 108
5 628
5 628
-
unemployment
3 165
2 915
2 915
-
total
15 390
14 178
14 178
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
76 500
76 500
76 500
76 500
Total tax
50 718
49 111
54 432
32 977
After tax
25 782
27 389
22 068
43 523
Living cost
52 575
52 575
52 575
52 575
Free-cash
-26 793
-25 186
-30 507
-9 052

Estimated living cost  is ₽52575 per week

₽38783
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4696
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽603
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8494
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽20682
₽15245
₽29094
₽13684
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
22 338
health
-
-
-
10 327
income
-
-
-
6 575
solidarity contribution
-
-
-
-
total
-
-
-
39 240
Employee
34 671
-
57 090
-
solidarity contribution
-
-
-
-
health
4 681
-
7 707
-
social contributions
2 254
-
3 711
-
income
4 161
-
6 851
-
total
11 096
-
18 269
-
Employer
34 671
-
57 090
-
health
3 120
-
5 138
-
social contributions
8 668
-
14 272
-
total
11 788
-
19 410
-
Corporate
30 041
76 500
-
-
income
5 708
14 535
-
-
total
5 708
14 535
-
-
Dividends
24 333
61 965
-
-
withholding
3 650
9 295
-
-
total
3 650
9 295
-
-
Income
76 500
76 500
76 500
76 500
Total tax
32 242
23 830
37 679
39 240
After tax
44 258
52 670
38 821
37 260
Living cost
23 576
23 576
23 576
23 576
Free-cash
20 682
29 094
15 245
13 684

Estimated living cost  is ₽23576 per week

₽16376
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1677
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽464
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5059
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽7764
-₽3063
₽807
₽575
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
19 677
municipal
-
-
-
455
regional
-
-
-
813
national
-
-
-
14 972
total
-
-
-
35 917
Employee
84 264
-
76 500
-
regional
795
-
707
-
municipal
446
-
405
-
national
14 601
-
12 647
-
social contributions
28 414
-
25 796
-
total
44 256
-
39 555
-
Employer
84 264
-
76 500
-
total
-
-
-
-
Corporate
-
76 500
-
-
municipal
-
2 983
-
-
nationa
-
18 360
-
-
total
-
21 343
-
-
Dividends
-
55 157
-
-
withholding
-
14 342
-
-
total
-
14 342
-
-
Income
76 500
76 500
76 500
76 500
Total tax
44 256
35 685
39 555
35 917
After tax
32 244
40 815
36 945
40 583
Living cost
40 008
40 008
40 008
40 008
Free-cash
-7 764
807
-3 063
575

Estimated living cost  is ₽40008 per week

₽27888
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2623
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽614
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8881
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽24244
₽18762
₽27196
₽20314
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 500
health
-
-
-
5 430
income
-
-
-
12 998
surtax
-
-
-
1 319
pensions
-
-
-
15 301
other
-
-
-
-
unemployment
-
-
-
216
total
-
-
-
35 264
Employee
31 354
-
63 198
-
unemployment
2 182
-
4 399
-
pensions
2 091
-
4 216
-
health
801
-
1 610
-
income
5 256
-
12 123
-
other
-
-
-
-
surtax
103
-
1 166
-
total
10 433
-
23 514
-
Employer
31 354
-
63 198
-
pensions
4 180
-
8 424
-
other
-
-
-
-
health
1 427
-
2 875
-
unemployment
993
-
2 003
-
total
6 600
-
13 302
-
Corporate
38 546
76 500
-
-
income
10 022
19 891
-
-
total
10 022
19 891
-
-
Dividends
28 525
56 609
-
-
withholding
4 279
8 491
-
-
total
4 279
8 491
-
-
Income
76 500
76 500
76 500
76 500
Total tax
31 334
28 382
36 816
35 264
After tax
45 166
48 118
39 684
41 236
Living cost
20 922
20 922
20 922
20 922
Free-cash
24 244
27 196
18 762
20 314

Estimated living cost  is ₽20922 per week

₽12793
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1931
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.
₽5716
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽7550
₽5987
₽14859
₽14477
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
14 233
pensions
-
-
-
5 333
total
-
-
-
19 566
Employee
58 927
-
67 633
-
pensions
5 002
-
6 047
-
health
855
-
1 033
-
income
10 613
-
12 111
-
total
16 470
-
19 191
-
Employer
58 927
-
67 633
-
pensions
6 379
-
7 580
-
health
1 119
-
1 285
-
total
7 498
-
8 865
-
Corporate
10 075
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.

1 913
14 536
-
-
total
1 913
14 536
-
-
Dividends
8 162
61 964
-
-
withholding
612
4 648
-
-
total
612
4 648
-
-
Income
76 500
76 500
76 500
76 500
Total tax
26 493
19 184
28 056
19 566
After tax
50 007
57 316
48 444
56 934
Living cost
42 457
42 457
42 457
42 457
Free-cash
7 550
14 859
5 987
14 477

Estimated living cost  is ₽42457 per week

₽31808
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3182
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽444
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7021
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽19865
-₽14702
-₽40202
-₽10788
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 500
health
-
-
-
245
pensions
-
-
-
7 038
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.

-
-
-
1 529
regional
-
-
-
2 176
city
-
-
-
805
national
-
-
-
312
total
-
-
-
12 105
Employee
87 984
-
68 473
-
unemployment
-
-
-
-
pensions
7 392
-
5 750
-
regional
2 881
-
1 844
-
national
416
-
262
-
health
199
-
154
-
city
944
-
736
-
total
11 832
-
8 746
-
Employer
87 984
-
68 473
-
pensions
7 392
-
5 750
-
other

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

1 759
-
1 369
-
health
199
-
154
-
unemployment
-
-
-
-
total
9 350
-
7 273
-
Corporate
-
76 500
-
-
regional
-
16 180
-
-
national
-
6 502
-
-
total
-
22 682
-
-
Dividends
-
53 819
-
-
withholding
-
18 837
-
-
total
-
18 837
-
-
Income
76 500
76 500
76 500
76 500
Total tax
21 182
41 519
16 019
12 105
After tax
55 318
34 981
60 481
64 395
Living cost
75 183
75 183
75 183
75 183
Free-cash
-19 865
-40 202
-14 702
-10 788

Estimated living cost  is ₽75183 per week

₽48891
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6747
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽923
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18622
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽9888
₽12872
-₽5491
₽7312
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 477
trade
-
-
-
5 560
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.

-
-
-
13 003
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.

-
-
-
714
total
-
-
-
25 754
Employee

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

56 981
-
76 500
-
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.

6 477
-
6 477
-
income

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

6 700
-
13 003
-
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.

369
-
714
-
total
13 546
-
20 194
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
19 519
76 500
-
-
income
2 927
11 476
-
-
chamber of commerce
171
252
-
-
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.

160
632
-
-
trade
3 348
13 120
-
-
total
6 606
25 480
-
-
Dividends
12 913
51 021
-
-
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.

158
682
-
-
withholding
2 868
12 395
-
-
total
3 026
13 077
-
-
Income
76 500
76 500
76 500
76 500
Total tax
23 178
38 557
20 194
25 754
After tax
53 322
37 943
56 306
50 746
Living cost
43 434
43 434
43 434
43 434
Free-cash
9 888
-5 491
12 872
7 312

Estimated living cost  is ₽43434 per week

₽31723
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3474
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽565
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7674
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽11715
₽12699
₽6119
₽11977
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 181
health
-
-
-
660
income
-
-
-
4 604
surtax
-
-
-
-
pensions
-
-
-
22 268
other
-
-
-
2 371
total
-
-
-
32 084
Employee
40 578
-
58 295
-
pensions
4 588
-
6 596
-
social contributions
1 157
-
1 661
-
income
2 395
-
4 899
-
surtax
-
-
-
-
total
8 140
-
13 156
-
Employer
40 578
-
58 295
-
pensions
6 666
-
9 577
-
other
1 400
-
2 012
-
health
2 841
-
4 081
-
unemployment
1 643
-
2 361
-
social contributions
122
-
175
-
total
12 672
-
18 206
-
Corporate
23 250
76 500
-
-
income
6 510
21 420
-
-
surtax
-
-
-
-
total
6 510
21 420
-
-
Dividends
16 740
55 080
-
-
surtax
-
-
-
-
social contributions
2 881
9 473
-
-
withholding
2 143
7 049
-
-
total
5 024
16 522
-
-
Income
76 500
76 500
76 500
76 500
Total tax
32 346
37 942
31 362
32 084
After tax
44 154
38 558
45 138
44 416
Living cost
32 439
32 439
32 439
32 439
Free-cash
11 715
6 119
12 699
11 977

Estimated living cost  is ₽32439 per week

₽20454
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2638
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.
₽8797
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽14599
₽15913
₽9333
₽15191
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 181
health
-
-
-
660
income
-
-
-
4 604
surtax
-
-
-
-
pensions
-
-
-
22 268
other
-
-
-
2 371
total
-
-
-
32 084
Employee
36 222
-
58 295
-
pensions
4 097
-
6 596
-
social contributions
1 033
-
1 661
-
income
1 868
-
4 899
-
surtax
-
-
-
-
total
6 998
-
13 156
-
Employer
36 222
-
58 295
-
pensions
5 952
-
9 577
-
other
1 250
-
2 012
-
health
2 535
-
4 081
-
unemployment
1 466
-
2 361
-
social contributions
108
-
175
-
total
11 311
-
18 206
-
Corporate
28 966
76 500
-
-
income
8 111
21 420
-
-
surtax
-
-
-
-
total
8 111
21 420
-
-
Dividends
20 855
55 080
-
-
surtax
-
-
-
-
social contributions
3 586
9 473
-
-
withholding
2 670
7 049
-
-
total
6 256
16 522
-
-
Income
76 500
76 500
76 500
76 500
Total tax
32 676
37 942
31 362
32 084
After tax
43 824
38 558
45 138
44 416
Living cost
29 225
29 225
29 225
29 225
Free-cash
14 599
9 333
15 913
15 191

Estimated living cost  is ₽29225 per week

₽16949
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2969
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽554
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8753
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽27056
₽30105
₽26567
₽29023
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
10 556
health
-
-
-
5 340
income
-
-
-
11 476
total
-
-
-
27 372
Employee
32 147
-
76 500
-
health
2 244
-
5 340
-
social contributions
4 437
-
10 556
-
income
5 362
-
10 394
-
total
12 043
-
26 290
-
Employer
32 147
-
76 500
-
total
-
-
-
-
Corporate
44 353
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%.

2 218
3 825
-
-
total
2 218
3 825
-
-
Dividends
42 134
72 675
-
-
health
2 942
5 072
-
-
social contributions
5 815
10 029
-
-
withholding
6 321
10 902
-
-
total
15 078
26 003
-
-
Income
76 500
76 500
76 500
76 500
Total tax
29 339
29 828
26 290
27 372
After tax
47 161
46 672
50 210
49 128
Living cost
20 105
20 105
20 105
20 105
Free-cash
27 056
26 567
30 105
29 023

Estimated living cost  is ₽20105 per week

₽13455
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1240
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽4946
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽8320
-₽7595
₽9782
₽7228
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 500
health
-
-
-
5 853
surtax
-
-
-
187
income
-
-
-
9 550
chamber of commerce
-
-
-
306
pensions
-
-
-
14 153
unemployment
-
-
-
5 815
total
-
-
-
35 864
Employee
47 383
37 784
59 260
-
unemployment
1 421
1 134
1 778
-
pensions
4 853
3 868
6 069
-
health
1 833
1 463
2 294
-
income
5 394
2 787
8 798
-
other
473
378
592
-
total
13 974
9 630
19 531
-
Employer
47 383
37 784
59 260
-
chamber of commerce
189
151
238
-
pensions
5 947
4 743
7 436
-
other
2 251
1 794
2 814
-
health
1 790
1 429
2 240
-
unemployment
1 421
1 134
1 778
-
accident
615
491
770
-
surtax
187
187
187
-
payroll
1 421
1 134
1 778
-
total
13 821
11 063
17 241
-
Corporate
15 295
27 654
55 661
-
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.

3 823
6 913
13 915
-
total
3 823
6 913
13 915
-
Dividends
11 472
20 741
-
-
withholding
3 154
5 704
-
-
total
3 154
5 704
-
-
Income
76 500
76 500
76 500
76 500
Total tax
34 772
33 310
50 687
35 864
After tax
41 728
43 190
25 813
40 636
Living cost
33 408
33 408
33 408
33 408
Free-cash
8 320
9 782
-7 595
7 228

Estimated living cost  is ₽33408 per week

₽22282
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2850
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽549
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7728
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽11062
-₽3651
₽8401
₽3233
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
10 945
communal

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

-
-
-
3 933
national
-
-
-
23 819
total
-
-
-
38 697
Employee

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

67 820
-
59 252
-
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.

590
-
516
-
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.

5 086
-
4 444
-
national
20 851
-
17 499
-
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.

3 186
-
2 785
-
communal

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

3 537
-
3 091
-
total
33 250
-
28 335
-
Employer

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

67 820
-
59 252
-
pensions

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

6 009
-
5 250
-
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.

4 171
-
3 643
-
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.

990
-
865
-
accident

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

882
-
770
-
surtax
7 690
-
6 718
-
total
19 742
-
17 246
-
Corporate
-
76 500
-
-
income
-
15 301
-
-
surtax
-
306
-
-
total
-
15 607
-
-
Dividends
-
60 893
-
-
withholding

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

-
17 922
-
-
total
-
17 922
-
-
Income
76 500
76 500
76 500
76 500
Total tax
52 992
33 529
45 581
38 697
After tax
23 508
42 971
30 919
37 803
Living cost
34 570
34 570
34 570
34 570
Free-cash
-11 062
8 401
-3 651
3 233

Estimated living cost  is ₽34570 per week

₽22267
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3023
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽8739
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽9792
₽7088
₽17344
₽6544
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
12 763
pensions
-
-
-
21 650
other
-
-
-
77
unemployment
-
-
-
536
total
-
-
-
35 715
Employee
47 195
-
58 009
-
unemployment
732
-
900
-
pensions
2 218
-
2 726
-
income
9 958
-
12 997
-
other
47
-
58
-
total
12 955
-
16 681
-
Employer
47 195
-
58 009
-
pensions
11 137
-
13 690
-
other
376
-
462
-
unemployment
2 596
-
3 190
-
accident
934
-
1 148
-
total
15 043
-
18 490
-
Corporate
14 261
76 500
-
-
income

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

2 139
11 476
-
-
total
2 139
11 476
-
-
Dividends
12 122
65 024
-
-
withholding
2 330
13 439
-
-
total
2 330
13 439
-
-
Income
76 500
76 500
76 500
76 500
Total tax
32 467
24 915
35 171
35 715
After tax
44 033
51 585
41 329
40 785
Living cost
34 241
34 241
34 241
34 241
Free-cash
9 792
17 344
7 088
6 544

Estimated living cost  is ₽34241 per week

₽25215
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2429
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.
₽6103
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽3878
-₽2007
-₽4218
-₽5879
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
644
health
-
-
-
5 376
income
-
-
-
4 739
surtax
-
-
-
3 793
pensions
-
-
-
11 467
communal
-
-
-
4 835
total
-
-
-
30 854
Employee
71 801
-
68 335
-
pensions
5 743
-
5 466
-
health
3 195
-
3 041
-
income
6 935
-
6 121
-
surtax
4 401
-
4 189
-
total
20 274
-
18 817
-
Employer
71 801
-
68 335
-
pensions
5 743
-
5 466
-
health
2 190
-
2 084
-
accident
646
-
615
-
total
8 579
-
8 165
-
Corporate
-
76 500
-
-
income
-
11 476
-
-
communal
-
5 164
-
-
surtax
-
802
-
-
total
-
17 442
-
-
Dividends
-
59 058
-
-
income
-
2 892
-
-
withholding
-
8 859
-
-
total
-
11 751
-
-
Income
76 500
76 500
76 500
76 500
Total tax
28 853
29 193
26 982
30 854
After tax
47 647
47 307
49 518
45 646
Living cost
51 525
51 525
51 525
51 525
Free-cash
-3 878
-4 218
-2 007
-5 879

Estimated living cost  is ₽51525 per week

₽38651
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3122
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽545
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9205
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽23808
₽18388
₽26822
₽19940
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 500
health
-
-
-
5 430
income
-
-
-
12 998
surtax
-
-
-
1 319
pensions
-
-
-
15 301
other
-
-
-
-
unemployment
-
-
-
216
total
-
-
-
35 264
Employee
31 930
-
63 198
-
unemployment
2 222
-
4 399
-
pensions
2 130
-
4 216
-
health
815
-
1 610
-
income
5 353
-
12 123
-
other
-
-
-
-
surtax
113
-
1 166
-
total
10 633
-
23 514
-
Employer
31 930
-
63 198
-
pensions
4 257
-
8 424
-
other
-
-
-
-
health
1 452
-
2 875
-
unemployment
1 013
-
2 003
-
total
6 722
-
13 302
-
Corporate
37 848
76 500
-
-
income
9 840
19 891
-
-
total
9 840
19 891
-
-
Dividends
28 008
56 609
-
-
withholding
4 201
8 491
-
-
total
4 201
8 491
-
-
Income
76 500
76 500
76 500
76 500
Total tax
31 396
28 382
36 816
35 264
After tax
45 104
48 118
39 684
41 236
Living cost
21 296
21 296
21 296
21 296
Free-cash
23 808
26 822
18 388
19 940

Estimated living cost  is ₽21296 per week

₽12857
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1851
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽495
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6094
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽12565
₽11082
₽14670
₽14702
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
19 677
municipal
-
-
-
455
regional
-
-
-
1 154
national
-
-
-
14 972
total
-
-
-
36 258
Employee
52 594
-
76 500
-
regional
708
-
1 030
-
municipal
279
-
405
-
national
8 332
-
12 647
-
social contributions
17 735
-
25 796
-
total
27 054
-
39 878
-
Employer
52 594
-
76 500
-
total
-
-
-
-
Corporate
23 906
76 500
-
-
municipal
1 188
3 802
-
-
nationa
5 738
18 360
-
-
total
6 926
22 162
-
-
Dividends
16 981
54 339
-
-
withholding
4 415
14 128
-
-
total
4 415
14 128
-
-
Income
76 500
76 500
76 500
76 500
Total tax
38 395
36 290
39 878
36 258
After tax
38 105
40 210
36 622
40 242
Living cost
25 540
25 540
25 540
25 540
Free-cash
12 565
14 670
11 082
14 702

Estimated living cost  is ₽25540 per week

₽15884
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2587
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽437
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6632
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽13253
₽9769
₽23618
₽8208
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
22 338
health
-
-
-
10 327
income
-
-
-
6 575
solidarity contribution
-
-
-
-
total
-
-
-
39 240
Employee
42 724
-
57 090
-
solidarity contribution
-
-
-
-
health
5 768
-
7 707
-
social contributions
2 777
-
3 711
-
income
5 127
-
6 851
-
total
13 672
-
18 269
-
Employer
42 724
-
57 090
-
health
3 845
-
5 138
-
social contributions
10 681
-
14 272
-
total
14 526
-
19 410
-
Corporate
19 250
76 500
-
-
income
3 658
14 535
-
-
total
3 658
14 535
-
-
Dividends
15 593
61 965
-
-
withholding
2 339
9 295
-
-
total
2 339
9 295
-
-
Income
76 500
76 500
76 500
76 500
Total tax
34 195
23 830
37 679
39 240
After tax
42 305
52 670
38 821
37 260
Living cost
29 052
29 052
29 052
29 052
Free-cash
13 253
23 618
9 769
8 208

Estimated living cost  is ₽29052 per week

₽21605
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1609
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽503
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5335
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Prague model

Close
Graz , Austria
₽12577
-₽4389
₽13043
₽10574
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 500
health
-
-
-
5 853
surtax
-
-
-
-
income
-
-
-
9 550
chamber of commerce
-
-
-
306
pensions
-
-
-
14 153
unemployment
-
-
-
5 815
total
-
-
-
35 677
Employee
41 445
37 784
59 400
-
unemployment
1 243
1 134
1 781
-
pensions
4 244
3 868
6 083
-
health
1 603
1 463
2 299
-
income
3 692
2 787
8 838
-
other
414
378
594
-
total
11 196
9 630
19 595
-
Employer
41 445
37 784
59 400
-
chamber of commerce
166
151
238
-
pensions
5 202
4 743
7 454
-
other
1 968
1 794
2 823
-
health
1 567
1 429
2 245
-
unemployment
1 243
1 134
1 781
-
accident
538
491
772
-
surtax
-
-
-
-
payroll
1 243
1 134
1 781
-
total
11 927
10 876
17 094
-
Corporate
23 127
27 841
55 807
-
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.

5 781
6 959
13 951
-
total
5 781
6 959
13 951
-
Dividends
17 346
20 882
-
-
withholding
4 770
5 743
-
-
total
4 770
5 743
-
-
Income
76 500
76 500
76 500
76 500
Total tax
33 674
33 208
50 640
35 677
After tax
42 826
43 292
25 860
40 823
Living cost
30 249
30 249
30 249
30 249
Free-cash
12 577
13 043
-4 389
10 574

Estimated living cost  is ₽30249 per week

₽18145
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3089
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽540
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8474
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽58199
₽49010
₽60485
₽63545
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
15 237
-
76 500
-
income
3 048
-
15 300
-
total
3 048
-
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%.

61 263
76 500
-
-
total
-
-
-
-
Dividends
61 263
76 500
-
-
withholding
3 063
3 825
-
-
total
3 063
3 825
-
-
Income
76 500
76 500
76 500
76 500
Total tax
6 111
3 825
15 300
765
After tax
70 389
72 675
61 200
75 735
Living cost
12 190
12 190
12 190
12 190
Free-cash
58 199
60 485
49 010
63 545

Estimated living cost  is ₽12190 per week

₽8249
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽512
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.
₽3020
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽19309
₽12758
₽27240
₽14950
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
7 528
income
-
-
-
14 505
pensions
-
-
-
13 971
unemployment
-
-
-
115
total
-
-
-
36 119
Employee

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

41 926
-
66 194
-
unemployment
59
-
94
-
pensions
6 499
-
10 259
-
health
2 708
-
4 277
-
income
7 230
-
13 375
-
total
16 496
-
28 005
-
Employer

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

41 926
-
66 194
-
pensions
3 710
-
5 858
-
health
2 792
-
4 408
-
unemployment
25
-
40
-
total
6 527
-
10 306
-
Corporate
28 046
76 500
-
-
income
5 329
14 534
-
-
total
5 329
14 534
-
-
Dividends
22 717
61 966
-
-
withholding
3 408
9 295
-
-
total
3 408
9 295
-
-
Income
76 500
76 500
76 500
76 500
Total tax
31 760
23 829
38 311
36 119
After tax
44 740
52 671
38 189
40 381
Living cost
25 431
25 431
25 431
25 431
Free-cash
19 309
27 240
12 758
14 950

Estimated living cost  is ₽25431 per week

₽17453
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1630
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.
₽5857
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽64952
₽23086
₽5609
₽11934
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 721
income
-
-
-
14 911
total
-
-
-
23 632
Employee
58 694
-
-
-
social contributions
4 813
-
686
-
income
12 947
-
-
-
total
17 760
-
686
-
Employer
58 694
-
-
-
social contributions
82 758
-
11 794
-
total
82 758
-
11 794
-
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
100 518
29 957
12 480
23 632
After tax
-24 018
46 543
64 020
52 868
Living cost
40 934
40 934
40 934
40 934
Free-cash
-64 952
5 609
23 086
11 934

Estimated living cost  is ₽40934 per week

₽26560
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3850
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽522
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10003
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽12819
₽10335
₽13773
₽13543
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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
social contributions

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

-
-
-
26 584
income
-
-
-
6 633
surtax
-
-
-
-
total
-
-
-
33 217
Employee
43 606
-
61 818
-
social contributions
4 797
-
6 799
-
income
9 070
-
14 944
-
surtax
-
-
-
-
total
13 867
-
21 743
-
Employer
43 606
-
61 818
-
social contributions
10 356
-
14 682
-
total
10 356
-
14 682
-
Corporate
22 537
76 500
-
-
income
4 732
16 065
-
-
surtax
-
-
-
-
total
4 732
16 065
-
-
Dividends
17 805
60 435
-
-
withholding
4 986
16 922
-
-
total
4 986
16 922
-
-
Income
76 500
76 500
76 500
76 500
Total tax
33 941
32 987
36 425
33 217
After tax
42 559
43 513
40 075
43 283
Living cost
29 740
29 740
29 740
29 740
Free-cash
12 819
13 773
10 335
13 543

Estimated living cost  is ₽29740 per week

₽22251
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1754
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽497
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5238
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽1428
-₽655
-₽7235
-₽1377
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 181
health
-
-
-
660
income
-
-
-
4 604
surtax
-
-
-
-
pensions
-
-
-
22 268
other
-
-
-
2 371
total
-
-
-
32 084
Employee
59 383
-
58 295
-
pensions
6 717
-
6 596
-
social contributions
1 691
-
1 661
-
income
5 181
-
4 899
-
surtax
-
-
-
-
total
13 589
-
13 156
-
Employer
59 383
-
58 295
-
pensions
9 757
-
9 577
-
other
2 049
-
2 012
-
health
4 156
-
4 081
-
unemployment
2 406
-
2 361
-
social contributions
178
-
175
-
total
18 546
-
18 206
-
Corporate
-
76 500
-
-
income
-
21 420
-
-
surtax
-
-
-
-
total
-
21 420
-
-
Dividends
-
55 080
-
-
surtax
-
-
-
-
social contributions
-
9 473
-
-
withholding
-
7 049
-
-
total
-
16 522
-
-
Income
76 500
76 500
76 500
76 500
Total tax
32 135
37 942
31 362
32 084
After tax
44 365
38 558
45 138
44 416
Living cost
45 793
45 793
45 793
45 793
Free-cash
-1 428
-7 235
-655
-1 377

Estimated living cost  is ₽45793 per week

₽30992
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3746
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽628
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10427
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽37165
₽32492
₽40350
₽30346
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
16 830
income
-
-
-
824
total
-
-
-
17 654
Employee
30 481
-
66 233
-
social contributions
1 981
-
4 304
-
income
-
-
937
-
total
1 981
-
5 241
-
Employer
30 481
-
66 233
-
social contributions
4 725
-
10 267
-
total
4 725
-
10 267
-
Corporate
41 294
76 500
-
-
income
4 129
7 650
-
-
total
4 129
7 650
-
-
Dividends
37 165
68 850
-
-
total
-
-
-
-
Income
76 500
76 500
76 500
76 500
Total tax
10 835
7 650
15 508
17 654
After tax
65 665
68 850
60 992
58 846
Living cost
28 500
28 500
28 500
28 500
Free-cash
37 165
40 350
32 492
30 346

Estimated living cost  is ₽28500 per week

₽18428
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2148
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.
₽7388
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽129813
-₽129813
-₽129813
₽2629
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
13 556
pensions
-
-
-
821
labour market
-
-
-
6 054
national
-
-
-
7 836
total
-
-
-
28 267
Employee
192 483
192 483
192 483
-
pensions
274
274
274
-
municipal
40 988
40 988
40 988
-
national
23 515
23 515
23 515
-
labour market
15 377
15 377
15 377
-
total
80 154
80 154
80 154
-
Employer
192 483
192 483
192 483
-
municipal
41 053
41 053
41 053
-
pensions
547
547
547
-
national
23 556
23 556
23 556
-
labour market
15 399
15 399
15 399
-
total
80 555
80 555
80 555
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
76 500
76 500
76 500
76 500
Total tax
160 709
160 709
160 709
28 267
After tax
-84 209
-84 209
-84 209
48 233
Living cost
45 604
45 604
45 604
45 604
Free-cash
-129 813
-129 813
-129 813
2 629

Estimated living cost  is ₽45604 per week

₽31212
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4034
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽701
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9656
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽2995
₽17701
-₽14672
₽31762
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
243
health
-
-
-
2 100
income
-
-
-
17 164
pensions
-
-
-
4 006
other
-
-
-
357
total
-
-
-
23 870
Employee
32 827
-
63 549
-
pensions
3 697
-
7 156
-
health
3 759
-
7 277
-
income
4 504
-
10 547
-
total
11 960
-
24 980
-
Employer
32 827
-
63 549
-
pensions
5 338
-
10 333
-
unemployment
804
-
1 557
-
accident
548
-
1 061
-
total
6 690
-
12 951
-
Corporate
36 982
76 500
-
-
income

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

33 284
68 850
-
-
total
33 284
68 850
-
-
Dividends
3 698
7 650
-
-
withholding
703
1 454
-
-
total
703
1 454
-
-
Income
76 500
76 500
76 500
76 500
Total tax
52 637
70 304
37 931
23 870
After tax
23 863
6 196
38 569
52 630
Living cost
20 868
20 868
20 868
20 868
Free-cash
2 995
-14 672
17 701
31 762

Estimated living cost  is ₽20868 per week

₽15190
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1190
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽392
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4097
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽11909
₽8690
₽15681
₽19870
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
783
municipal
-
-
-
13 629
national
-
-
-
5 817
total
-
-
-
20 229
Employee
49 883
-
64 357
-
unemployment
748
-
966
-
pensions
3 366
-
4 343
-
municipal
8 170
-
10 522
-
national
824
-
2 839
-
health
372
-
596
-
total
13 480
-
19 266
-
Employer
49 883
-
64 357
-
pensions
8 654
-
11 166
-
health
383
-
495
-
unemployment
324
-
417
-
accident
50
-
65
-
total
9 411
-
12 143
-
Corporate
17 205
76 500
-
-
income
3 440
15 301
-
-
total
3 440
15 301
-
-
Dividends

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

10 324
45 899
-
-
national
-
855
-
-
municipal
1 859
8 262
-
-
total
1 859
9 117
-
-
Income
76 500
76 500
76 500
76 500
Total tax
28 190
24 418
31 409
20 229
After tax
48 310
52 082
45 091
56 271
Living cost
36 401
36 401
36 401
36 401
Free-cash
11 909
15 681
8 690
19 870

Estimated living cost  is ₽36401 per week

₽23777
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3501
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.
₽8545
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28992
₽33701
₽33108
₽34547
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
11 934
health
-
-
-
1 950
income
-
-
-
6 117
total
-
-
-
20 001
Employee
72 906
72 906
72 906
-
health
565
1 240
1 180
-
social contributions
2 756
6 051
5 765
-
income
7 938
6 749
6 852
-
total
11 259
14 040
13 797
-
Employer
72 906
72 906
72 906
-
health
614
1 349
1 285
-
social contributions
2 756
6 051
5 765
-
total
3 370
7 400
7 050
-
Corporate
39 919
-
-
-
income
4 989
-
-
-
total
4 989
-
-
-
Dividends
34 929
-
-
-
withholding
5 938
-
-
-
total
5 938
-
-
-
Income
76 500
76 500
76 500
76 500
Total tax
25 556
21 440
20 847
20 001
After tax
50 944
55 060
55 653
56 499
Living cost
21 952
21 952
21 952
21 952
Free-cash
28 992
33 108
33 701
34 547

Estimated living cost  is ₽21952 per week

₽13156
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2154
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.
₽6157
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽43472
₽32196
₽48296
₽44923
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
3 431
income
-
-
-
7 035
pensions
-
-
-
6 031
unemployment
-
-
-
27
total
-
-
-
16 524
Employee

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

21 763
-
69 355
-
unemployment
108
-
347
-
pensions
3 264
-
10 403
-
health
1 850
-
5 894
-
income
1 488
-
5 463
-
total
6 710
-
22 107
-
Employer

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

21 763
-
69 355
-
pensions
1 196
-
3 814
-
health
936
-
2 983
-
unemployment
108
-
347
-
total
2 240
-
7 144
-
Corporate
52 497
76 500
-
-
income
4 725
6 886
-
-
total
4 725
6 886
-
-
Dividends
47 772
69 614
-
-
withholding
4 300
6 265
-
-
total
4 300
6 265
-
-
Income
76 500
76 500
76 500
76 500
Total tax
17 975
13 151
29 251
16 524
After tax
58 525
63 349
47 249
59 976
Living cost
15 053
15 053
15 053
15 053
Free-cash
43 472
48 296
32 196
44 923

Estimated living cost  is ₽15053 per week

₽9604
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1085
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽448
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3915
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽20539
₽15257
₽25513
₽14713
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
12 763
pensions
-
-
-
21 650
other
-
-
-
77
unemployment
-
-
-
536
total
-
-
-
35 715
Employee
35 058
-
58 009
-
unemployment
543
-
900
-
pensions
1 648
-
2 726
-
income
6 759
-
12 997
-
other
34
-
58
-
total
8 984
-
16 681
-
Employer
35 058
-
58 009
-
pensions
8 273
-
13 690
-
other
281
-
462
-
unemployment
1 929
-
3 190
-
accident
695
-
1 148
-
total
11 178
-
18 490
-
Corporate
30 265
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.

4 540
11 476
-
-
total
4 540
11 476
-
-
Dividends
25 726
65 024
-
-
withholding
5 187
13 439
-
-
total
5 187
13 439
-
-
Income
76 500
76 500
76 500
76 500
Total tax
29 889
24 915
35 171
35 715
After tax
46 611
51 585
41 329
40 785
Living cost
26 072
26 072
26 072
26 072
Free-cash
20 539
25 513
15 257
14 713

Estimated living cost  is ₽26072 per week

₽17598
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2506
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽457
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5511
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽45587
₽46665
₽45891
₽46796
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 500
health
-
-
-
976
income
-
-
-
25 537
pensions
-
-
-
1 346
total
-
-
-
27 859
Employee
2 811
-
74 986
-
unemployment
28
-
67
-
pensions
253
-
606
-
health
141
-
337
-
income
544
-
25 466
-
total
966
-
26 476
-
Employer
2 811
-
74 986
-
pensions
309
-
740
-
health
267
-
639
-
unemployment
56
-
135
-
total
632
-
1 514
-
Corporate
73 057
76 500
-
-
income
16 073
16 830
-
-
total
16 073
16 830
-
-
Dividends
56 985
59 670
-
-
withholding
11 397
11 934
-
-
total
11 397
11 934
-
-
Income
76 500
76 500
76 500
76 500
Total tax
29 068
28 764
27 990
27 859
After tax
47 432
47 736
48 510
48 641
Living cost
1 845
1 845
1 845
1 845
Free-cash
45 587
45 891
46 665
46 796

Estimated living cost  is ₽1845 per week

₽1097
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽150
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽42
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽557
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽34394
₽23225
₽39017
₽22102
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
7 154
income
-
-
-
11 888
pensions
-
-
-
18 060
unemployment
-
-
-
1 042
total
-
-
-
38 144
Employee

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

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

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

24 510
-
64 885
-
unemployment
184
-
487
-
pensions
3 431
-
9 084
-
health
1 262
-
3 342
-
income
3 379
-
12 493
-
total
8 256
-
25 406
-
Employer

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

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

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

24 510
-
64 885
-
pensions
2 941
-
7 786
-
health
1 262
-
3 342
-
unemployment
184
-
487
-
total
4 387
-
11 615
-
Corporate
47 602
76 500
-
-
income
7 140
11 475
-
-
total
7 140
11 475
-
-
Dividends
40 462
65 025
-
-
withholding
6 069
9 754
-
-
total
6 069
9 754
-
-
Income
76 500
76 500
76 500
76 500
Total tax
25 852
21 229
37 021
38 144
After tax
50 648
55 271
39 479
38 356
Living cost
16 254
16 254
16 254
16 254
Free-cash
34 394
39 017
23 225
22 102

Estimated living cost  is ₽16254 per week

₽10944
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1257
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.
₽3583
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽17612
₽14514
₽17952
₽17722
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions

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

-
-
-
26 584
income
-
-
-
6 633
surtax
-
-
-
-
total
-
-
-
33 217
Employee
36 799
-
61 818
-
social contributions
4 048
-
6 799
-
income
7 190
-
14 944
-
surtax
-
-
-
-
total
11 238
-
21 743
-
Employer
36 799
-
61 818
-
social contributions
8 739
-
14 682
-
total
8 739
-
14 682
-
Corporate
30 962
76 500
-
-
income
6 502
16 065
-
-
surtax
-
-
-
-
total
6 502
16 065
-
-
Dividends
24 460
60 435
-
-
withholding
6 848
16 922
-
-
total
6 848
16 922
-
-
Income
76 500
76 500
76 500
76 500
Total tax
33 327
32 987
36 425
33 217
After tax
43 173
43 513
40 075
43 283
Living cost
25 561
25 561
25 561
25 561
Free-cash
17 612
17 952
14 514
17 722

Estimated living cost  is ₽25561 per week

₽18104
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1776
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽453
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5229
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽11035
₽8008
₽18264
₽7464
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
12 763
pensions
-
-
-
21 650
other
-
-
-
77
unemployment
-
-
-
536
total
-
-
-
35 715
Employee
45 790
-
58 009
-
unemployment
709
-
900
-
pensions
2 152
-
2 726
-
income
9 564
-
12 997
-
other
45
-
58
-
total
12 470
-
16 681
-
Employer
45 790
-
58 009
-
pensions
10 806
-
13 690
-
other
367
-
462
-
unemployment
2 519
-
3 190
-
accident
907
-
1 148
-
total
14 599
-
18 490
-
Corporate
16 111
76 500
-
-
income

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

2 416
11 476
-
-
total
2 416
11 476
-
-
Dividends
13 694
65 024
-
-
withholding
2 659
13 439
-
-
total
2 659
13 439
-
-
Income
76 500
76 500
76 500
76 500
Total tax
32 144
24 915
35 171
35 715
After tax
44 356
51 585
41 329
40 785
Living cost
33 321
33 321
33 321
33 321
Free-cash
11 035
18 264
8 008
7 464

Estimated living cost  is ₽33321 per week

₽23930
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2591
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.
₽6332
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽43323
₽41901
₽49100
₽39877
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 500
health
-
-
-
3 808
income
-
-
-
11 475
pensions

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

-
-
-
4 901
unemployment
-
-
-
132
total
-
-
-
20 316
Employee
21 593
-
70 003
-
accident

We are using the highest rate at 1.1%.

237
-
364
-
pensions

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

1 896
-
2 907
-
health
993
-
1 523
-
income
2 160
-
7 001
-
total
5 286
-
11 795
-
Employer
21 593
-
70 003
-
pensions

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

2 380
-
3 649
-
health
1 490
-
2 285
-
unemployment
130
-
199
-
accident

We are using the highest rate at 1.1%.

237
-
364
-
total
4 237
-
6 497
-
Corporate
50 670
76 500
-
-
income
5 067
7 650
-
-
total
5 067
7 650
-
-
Dividends
45 603
68 850
-
-
withholding
2 280
3 443
-
-
total
2 280
3 443
-
-
Income
76 500
76 500
76 500
76 500
Total tax
16 870
11 093
18 292
20 316
After tax
59 630
65 407
58 208
56 184
Living cost
16 307
16 307
16 307
16 307
Free-cash
43 323
49 100
41 901
39 877

Estimated living cost  is ₽16307 per week

₽10786
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽934
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽389
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4200
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽15319
₽19701
₽2915
₽15048
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 477
trade
-
-
-
4 653
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.

-
-
-
13 003
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.

-
-
-
714
total
-
-
-
24 847
Employee

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

47 175
-
76 500
-
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.

6 477
-
6 477
-
income

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

3 879
-
13 003
-
surtax

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

214
-
714
-
total
10 570
-
20 194
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
29 325
76 500
-
-
income
4 399
11 476
-
-
chamber of commerce
187
255
-
-
surtax

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

241
632
-
-
trade
4 208
10 977
-
-
total
9 035
23 340
-
-
Dividends
20 289
53 160
-
-
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.

259
711
-
-
withholding
4 712
12 929
-
-
total
4 971
13 640
-
-
Income
76 500
76 500
76 500
76 500
Total tax
24 576
36 980
20 194
24 847
After tax
51 924
39 520
56 306
51 653
Living cost
36 605
36 605
36 605
36 605
Free-cash
15 319
2 915
19 701
15 048

Estimated living cost  is ₽36605 per week

₽25251
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3939
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽531
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6884
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽1635
₽1145
-₽460
₽1145
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
6 418
income
-
-
-
14 928
total
-
-
-
21 346
Employee
74 165
-
76 500
-
social contributions
6 162
-
6 418
-
income
13 995
-
14 928
-
total
20 157
-
21 346
-
Employer
74 165
-
76 500
-
total
-
-
-
-
Corporate
2 335
76 500
-
-
income
291
9 563
-
-
total
291
9 563
-
-
Dividends
2 044
66 937
-
-
withholding
408
13 388
-
-
total
408
13 388
-
-
Income
76 500
76 500
76 500
76 500
Total tax
20 856
22 951
21 346
21 346
After tax
55 644
53 549
55 154
55 154
Living cost
54 009
54 009
54 009
54 009
Free-cash
1 635
-460
1 145
1 145

Estimated living cost  is ₽54009 per week

₽41089
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4401
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽516
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8003
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽15791
₽21482
₽10299
₽9243
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
26 989
health

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

-
-
-
5 851
total
-
-
-
32 840
Employee
43 494
-
72 139
-
social contributions
4 358
-
4 361
-
income
4 719
-
11 879
-
total
9 077
-
16 240
-
Employer
43 494
-
72 139
-
social contributions
4 358
-
4 361
-
total
4 358
-
4 361
-
Corporate
28 648
76 500
-
-
income
10 027
26 775
-
-
total
10 027
26 775
-
-
Dividends
18 621
49 725
-
-
social contributions
2 830
5 009
-
-
total
2 830
5 009
-
-
Income
76 500
76 500
76 500
76 500
Total tax
26 292
31 784
20 601
32 840
After tax
50 208
44 716
55 899
43 660
Living cost
34 417
34 417
34 417
34 417
Free-cash
15 791
10 299
21 482
9 243

Estimated living cost  is ₽34417 per week

₽22671
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2713
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.
₽8505
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽17558
₽13928
₽22800
₽22418
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
14 233
pensions
-
-
-
5 333
total
-
-
-
19 566
Employee
47 378
-
67 633
-
pensions
3 616
-
6 047
-
health
618
-
1 033
-
income
8 628
-
12 111
-
total
12 862
-
19 191
-
Employer
47 378
-
67 633
-
pensions
4 787
-
7 580
-
health
900
-
1 285
-
total
5 687
-
8 865
-
Corporate
23 435
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.

4 453
14 536
-
-
total
4 453
14 536
-
-
Dividends
18 982
61 964
-
-
withholding
1 424
4 648
-
-
total
1 424
4 648
-
-
Income
76 500
76 500
76 500
76 500
Total tax
24 426
19 184
28 056
19 566
After tax
52 074
57 316
48 444
56 934
Living cost
34 516
34 516
34 516
34 516
Free-cash
17 558
22 800
13 928
22 418

Estimated living cost  is ₽34516 per week

₽23678
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3174
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽432
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7230
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽2680
₽15635
-₽16738
₽29696
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
243
health
-
-
-
2 100
income
-
-
-
17 164
pensions
-
-
-
4 006
other
-
-
-
357
total
-
-
-
23 870
Employee
36 077
-
63 549
-
pensions
4 062
-
7 156
-
health
4 131
-
7 277
-
income
4 949
-
10 547
-
total
13 142
-
24 980
-
Employer
36 077
-
63 549
-
pensions
5 866
-
10 333
-
unemployment
884
-
1 557
-
accident
602
-
1 061
-
total
7 352
-
12 951
-
Corporate
33 071
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.

29 764
68 850
-
-
total
29 764
68 850
-
-
Dividends
3 307
7 650
-
-
withholding
628
1 454
-
-
total
628
1 454
-
-
Income
76 500
76 500
76 500
76 500
Total tax
50 886
70 304
37 931
23 870
After tax
25 614
6 196
38 569
52 630
Living cost
22 934
22 934
22 934
22 934
Free-cash
2 680
-16 738
15 635
29 696

Estimated living cost  is ₽22934 per week

₽16831
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1336
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.
₽4305
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47611
₽31606
₽52221
₽31414
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
11 245
health insurance
-
-
-
5 661
pensions
-
-
-
14 076
unemployment
-
-
-
918
work injury
-
-
-
382
total
-
-
-
32 282
Employee

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

20 486
-
76 500
-
unemployment
246
-
910
-
pensions
3 770
-
13 947
-
work injury
102
-
379
-
income
2 049
-
11 245
-
health insurance
1 516
-
5 609
-
total
7 683
-
32 090
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
56 014
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
56 014
76 500
-
-
withholding
8 402
11 475
-
-
total
8 402
11 475
-
-
Income
76 500
76 500
76 500
76 500
Total tax
16 085
11 475
32 090
32 282
After tax
60 415
65 025
44 410
44 218
Living cost
12 804
12 804
12 804
12 804
Free-cash
47 611
52 221
31 606
31 414

Estimated living cost  is ₽12804 per week

₽7932
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽930
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽399
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3542
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽3396
-₽1289
₽2524
₽2210
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
19 677
municipal
-
-
-
511
regional
-
-
-
1 359
national
-
-
-
14 972
total
-
-
-
36 519
Employee
79 895
-
76 500
-
regional
1 206
-
1 118
-
municipal
477
-
457
-
national
13 502
-
12 647
-
social contributions
26 940
-
25 796
-
total
42 125
-
40 018
-
Employer
79 895
-
76 500
-
total
-
-
-
-
Corporate
-
76 500
-
-
municipal
-
3 687
-
-
nationa
-
18 360
-
-
total
-
22 047
-
-
Dividends
-
54 454
-
-
withholding
-
14 158
-
-
total
-
14 158
-
-
Income
76 500
76 500
76 500
76 500
Total tax
42 125
36 205
40 018
36 519
After tax
34 375
40 295
36 482
39 981
Living cost
37 771
37 771
37 771
37 771
Free-cash
-3 396
2 524
-1 289
2 210

Estimated living cost  is ₽37771 per week

₽26532
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2598
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽570
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8070
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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