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
₽20411
₽9875
₽27482
₽22410
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
5 072
income

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

-
-
-
12 937
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.

-
-
-
6 509
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.

-
-
-
712
total
-
-
-
25 230
Employee

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

36 443
-
76 500
-
surtax

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

56
-
712
-
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.

6 509
-
6 509
-
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.

1 018
-
12 937
-
total
7 583
-
20 158
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
40 057
76 500
-
-
trade
6 309
12 049
-
-
income
6 008
11 474
-
-
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
631
-
-
chamber of commerce
203
255
-
-
total
12 851
24 409
-
-
Dividends
27 207
52 090
-
-
withholding
6 441
12 660
-
-
surtax

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

354
696
-
-
total
6 795
13 356
-
-
Income
76 500
76 500
76 500
76 500
Total tax
27 229
37 765
20 158
25 230
After tax
49 271
38 735
56 342
51 270
Living cost
28 860
28 860
28 860
28 860
Free-cash
20 411
9 875
27 482
22 410

Estimated living cost  is ₽28860 per week

₽18154
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3365
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽539
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6802
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽6502
-₽1352
-₽1658
-₽2258
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
9 180
municipal
-
-
-
7 714
national
-
-
-
11 954
total
-
-
-
29 670
Employee
76 095
-
66 134
-
national
14 565
-
12 413
-
municipal
9 399
-
8 010
-
pensions
3 044
-
2 645
-
total
27 008
-
23 068
-
Employer
76 095
-
66 134
-
pensions
6 088
-
5 291
-
social contributions
818
-
711
-
total
6 906
-
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
33 914
28 764
29 070
29 670
After tax
42 586
47 736
47 430
46 830
Living cost
49 088
49 088
49 088
49 088
Free-cash
-6 502
-1 352
-1 658
-2 258

Estimated living cost  is ₽49088 per week

₽33364
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4563
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.
₽10426
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽33563
₽41378
₽23512
₽21230
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
10 854
microenterprise
-
-
-
-
surtax
-
-
-
-
total
-
-
-
35 448
Employee
27 841
-
61 648
-
surtax
-
-
-
-
social contributions

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

3 063
-
6 780
-
income
4 956
-
11 534
-
total
8 019
-
18 314
-
Employer
27 841
-
61 648
-
social contributions

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

6 706
-
14 852
-
surtax
-
-
-
-
total
6 706
-
14 852
-
Corporate
41 952
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%.

8 390
15 300
-
-
total
8 390
15 300
-
-
Dividends

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

33 563
61 200
-
-
total
-
-
-
-
Income
76 500
76 500
76 500
76 500
Total tax
23 115
15 300
33 166
35 448
After tax
53 385
61 200
43 334
41 052
Living cost
19 822
19 822
19 822
19 822
Free-cash
33 563
41 378
23 512
21 230

Estimated living cost  is ₽19822 per week

₽12646
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1888
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽450
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4839
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽18115
-₽12766
-₽18115
₽3614
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 500
income
-
-
-
11 463
pensions
-
-
-
11 163
health
-
-
-
10 346
total
-
-
-
32 972
Employee
81 365
81 365
81 365
-
health
12 489
10 623
12 489
-
pensions
14 646
11 163
14 646
-
income

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

13 318
13 318
13 318
-
total
40 453
35 104
40 453
-
Employer
81 365
81 365
81 365
-
pensions
5 663
5 663
5 663
-
unemployment
2 929
2 929
2 929
-
health
5 656
5 656
5 656
-
total
14 248
14 248
14 248
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Income
76 500
76 500
76 500
76 500
Total tax
54 701
49 352
54 701
32 972
After tax
21 799
27 148
21 799
43 528
Living cost
39 914
39 914
39 914
39 914
Free-cash
-18 115
-12 766
-18 115
3 614

Estimated living cost  is ₽39914 per week

₽28286
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3598
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽635
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7395
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽884
₽1780
₽864
-₽1856
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 500
other
-
-
-
8 889
unemployment
-
-
-
77
pensions
-
-
-
8 270
municipal
-
-
-
16 204
accident
-
-
-
153
national
-
-
-
-
health
-
-
-
4 774
total
-
-
-
38 367
Employee
56 980
-
58 210
-
national
-
-
-
-
municipal
16 991
-
17 358
-
total
16 991
-
17 358
-
Employer
56 980
-
58 210
-
other
6 621
-
6 764
-
accident
114
-
116
-
pensions
6 159
-
6 292
-
unemployment
1 504
-
1 537
-
health
3 504
-
3 580
-
total
17 902
-
18 289
-
Corporate
1 617
76 500
-
-
income
356
16 830
-
-
total
356
16 830
-
-
Dividends
1 261
59 670
-
-
withholding
378
17 901
-
-
total
378
17 901
-
-
Income
76 500
76 500
76 500
76 500
Total tax
35 627
34 731
35 647
38 367
After tax
40 873
41 769
40 853
38 133
Living cost
39 989
39 989
39 989
39 989
Free-cash
884
1 780
864
-1 856

Estimated living cost  is ₽39989 per week

₽26503
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3924
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽607
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8955
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽14299
₽911
₽18912
₽13614
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
5 298
income

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

-
-
-
12 937
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.

-
-
-
6 509
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.

-
-
-
712
total
-
-
-
25 456
Employee

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

48 319
-
76 500
-
surtax

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

228
-
712
-
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.

6 509
-
6 509
-
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.

4 151
-
12 937
-
total
10 888
-
20 158
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
28 181
76 500
-
-
trade
4 636
12 585
-
-
income
4 227
11 474
-
-
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.

233
631
-
-
chamber of commerce
184
253
-
-
total
9 280
24 943
-
-
Dividends
18 900
51 557
-
-
withholding
4 363
12 527
-
-
surtax

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

240
689
-
-
total
4 603
13 216
-
-
Income
76 500
76 500
76 500
76 500
Total tax
24 771
38 159
20 158
25 456
After tax
51 729
38 341
56 342
51 044
Living cost
37 430
37 430
37 430
37 430
Free-cash
14 299
911
18 912
13 614

Estimated living cost  is ₽37430 per week

₽25033
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3947
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽559
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7891
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽21249
₽24050
₽24705
₽25639
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
6 072
health
-
-
-
1 951
total
-
-
-
19 957
Employee
73 266
73 266
73 266
-
health
729
1 246
1 181
-
social contributions
3 560
6 081
5 764
-
income
7 694
6 782
6 896
-
total
11 983
14 109
13 841
-
Employer
73 266
73 266
73 266
-
social contributions
3 560
6 081
5 764
-
health
794
1 356
1 286
-
total
4 354
7 437
7 050
-
Corporate
29 260
-
-
-
income
3 658
-
-
-
total
3 658
-
-
-
Dividends
25 602
-
-
-
withholding
4 352
-
-
-
total
4 352
-
-
-
Income
76 500
76 500
76 500
76 500
Total tax
24 347
21 546
20 891
19 957
After tax
52 153
54 954
55 609
56 543
Living cost
30 904
30 904
30 904
30 904
Free-cash
21 249
24 050
24 705
25 639

Estimated living cost  is ₽30904 per week

₽21126
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2414
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽519
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6846
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽25819
₽25449
₽26624
₽35272
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

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

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

The minimum wage is 138,000 HUF per month.

25 584
10 182
64 017
-
unemployment
384
153
960
-
health
1 791
713
4 481
-
pensions
2 558
1 018
6 402
-
income
3 128
1 245
7 826
-
total
7 861
3 129
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.

25 584
10 182
64 017
-
pensions
4 989
1 986
12 483
-
total
4 989
1 986
12 483
-
Corporate
45 927
64 332
-
-
income
4 133
5 790
-
-
total
4 133
5 790
-
-
Dividends
41 793
58 542
-
-
withholding
7 941
11 123
-
-
social contributions
8 033
11 299
-
-
total
15 974
22 422
-
-
Income
76 500
76 500
76 500
76 500
Total tax
32 957
33 327
32 152
23 504
After tax
43 543
43 173
44 348
52 996
Living cost
17 724
17 724
17 724
17 724
Free-cash
25 819
25 449
26 624
35 272

Estimated living cost  is ₽17724 per week

₽12095
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1450
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽354
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3825
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽32268
₽38186
₽21079
₽17990
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 500
income
-
-
-
10 252
pensions
-
-
-
15 299
health
-
-
-
9 945
total
-
-
-
35 496
Employee
27 030
-
57 175
-
unemployment
432
-
915
-
pensions
541
-
1 143
-
income
3 043
-
11 024
-
total
4 016
-
13 082
-
Employer
27 030
-
57 175
-
pensions
5 406
-
11 435
-
unemployment
217
-
457
-
health
3 513
-
7 433
-
total
9 136
-
19 325
-
Corporate
40 334
76 500
-
-
income
8 066
15 300
-
-
total
8 066
15 300
-
-
Dividends
32 268
61 200
-
-
total
-
-
-
-
Income
76 500
76 500
76 500
76 500
Total tax
21 218
15 300
32 407
35 496
After tax
55 282
61 200
44 093
41 004
Living cost
23 014
23 014
23 014
23 014
Free-cash
32 268
38 186
21 079
17 990

Estimated living cost  is ₽23014 per week

₽15785
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1371
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽463
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5395
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽2907
-₽15250
₽17189
₽31193
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 500
other
-
-
-
361
income
-
-
-
17 072
pensions
-
-
-
4 056
accident
-
-
-
246
health
-
-
-
2 126
total
-
-
-
23 861
Employee
33 735
-
63 549
-
health
3 863
-
7 276
-
pensions
3 799
-
7 156
-
income
4 628
-
10 482
-
total
12 290
-
24 914
-
Employer
33 735
-
63 549
-
accident
563
-
1 061
-
pensions
5 486
-
10 333
-
unemployment
826
-
1 557
-
total
6 875
-
12 951
-
Corporate
35 890
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.

32 300
68 850
-
-
total
32 300
68 850
-
-
Dividends
3 589
7 650
-
-
withholding
682
1 454
-
-
total
682
1 454
-
-
Income
76 500
76 500
76 500
76 500
Total tax
52 147
70 304
37 865
23 861
After tax
24 353
6 196
38 635
52 639
Living cost
21 446
21 446
21 446
21 446
Free-cash
2 907
-15 250
17 189
31 193

Estimated living cost  is ₽21446 per week

₽15718
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1188
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.
₽4092
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63360
₽64831
₽53356
₽67891
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
9 805
-
76 500
-
income
1 961
-
15 300
-
total
1 961
-
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%.

66 695
76 500
-
-
total
-
-
-
-
Dividends
66 695
76 500
-
-
withholding
3 335
3 825
-
-
total
3 335
3 825
-
-
Income
76 500
76 500
76 500
76 500
Total tax
5 296
3 825
15 300
765
After tax
71 204
72 675
61 200
75 735
Living cost
7 844
7 844
7 844
7 844
Free-cash
63 360
64 831
53 356
67 891

Estimated living cost  is ₽7844 per week

₽4861
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽652
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽216
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2115
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽24383
₽30816
₽19454
₽16033
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 500
other
-
-
-
3 634
income
-
-
-
9 717
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.

-
-
-
18 361
health
-
-
-
3 367
total
-
-
-
35 079
Employee
34 595
-
61 104
-
unemployment
345
-
611
-
health
485
-
855
-
pensions

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

2 421
-
4 278
-
income
5 956
-
10 518
-
total
9 207
-
16 262
-
Employer
34 595
-
61 104
-
other
1 730
-
3 054
-
accident
277
-
488
-
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.

5 882
-
10 388
-
unemployment
345
-
611
-
health
485
-
855
-
total
8 719
-
15 396
-
Corporate
33 186
76 500
-
-
income
6 968
16 065
-
-
total
6 968
16 065
-
-
Dividends
26 218
60 435
-
-
withholding
1 835
4 231
-
-
total
1 835
4 231
-
-
Income
76 500
76 500
76 500
76 500
Total tax
26 729
20 296
31 658
35 079
After tax
49 771
56 204
44 842
41 421
Living cost
25 388
25 388
25 388
25 388
Free-cash
24 383
30 816
19 454
16 033

Estimated living cost  is ₽25388 per week

₽17938
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1714
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.
₽5327
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽25274
-₽5944
-₽14766
-₽6307
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
14 239
pensions
-
-
-
5 306
total
-
-
-
19 545
Employee
89 506
-
67 661
-
health
1 475
-
1 027
-
pensions
8 635
-
6 014
-
income
16 134
-
12 124
-
total
26 244
-
19 165
-
Employer
89 506
-
67 661
-
pensions
10 568
-
7 554
-
health
1 700
-
1 285
-
total
12 268
-
8 839
-
Corporate
-
76 500
-
-
income

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

-
14 534
-
-
total
-
14 534
-
-
Dividends
-
61 966
-
-
withholding
-
4 648
-
-
total
-
4 648
-
-
Income
76 500
76 500
76 500
76 500
Total tax
38 512
19 182
28 004
19 545
After tax
37 988
57 318
48 496
56 955
Living cost
63 262
63 262
63 262
63 262
Free-cash
-25 274
-5 944
-14 766
-6 307

Estimated living cost  is ₽63262 per week

₽47403
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7433
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽515
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7912
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽48410
₽52857
₽45553
₽43546
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 500
unemployment
-
-
-
134
income
-
-
-
11 475
pensions

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

-
-
-
4 949
health
-
-
-
3 845
total
-
-
-
20 403
Employee
16 619
-
69 940
-
accident

We are using the highest rate at 1.1%.

183
-
368
-
health
764
-
1 538
-
pensions

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

1 459
-
2 936
-
income
1 662
-
6 994
-
total
4 068
-
11 836
-
Employer
16 619
-
69 940
-
accident

We are using the highest rate at 1.1%.

183
-
368
-
pensions

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

1 832
-
3 684
-
unemployment
99
-
201
-
health
1 147
-
2 307
-
total
3 261
-
6 560
-
Corporate
56 620
76 500
-
-
income
5 662
7 650
-
-
total
5 662
7 650
-
-
Dividends
50 959
68 850
-
-
withholding
2 548
3 442
-
-
total
2 548
3 442
-
-
Income
76 500
76 500
76 500
76 500
Total tax
15 539
11 092
18 396
20 403
After tax
60 961
65 408
58 104
56 097
Living cost
12 551
12 551
12 551
12 551
Free-cash
48 410
52 857
45 553
43 546

Estimated living cost  is ₽12551 per week

₽7327
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽896
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽333
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3995
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽27302
-₽25686
-₽31035
-₽9306
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 500
income
-
-
-
11 463
pensions
-
-
-
11 163
health
-
-
-
10 346
total
-
-
-
32 972
Employee
88 337
81 365
81 365
-
health
11 020
10 623
12 489
-
pensions
11 163
11 163
14 646
-
income

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

13 318
13 318
13 318
-
total
35 501
35 104
40 453
-
Employer
88 337
81 365
81 365
-
pensions
6 148
5 663
5 663
-
unemployment
3 180
2 929
2 929
-
health
6 139
5 656
5 656
-
total
15 467
14 248
14 248
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Income
76 500
76 500
76 500
76 500
Total tax
50 968
49 352
54 701
32 972
After tax
25 532
27 148
21 799
43 528
Living cost
52 834
52 834
52 834
52 834
Free-cash
-27 302
-25 686
-31 035
-9 306

Estimated living cost  is ₽52834 per week

₽38974
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4719
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽606
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8536
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽20503
₽28961
₽15112
₽13551
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
6 575
health
-
-
-
10 327
solidarity contribution
-
-
-
-
total
-
-
-
39 240
Employee
34 866
-
57 090
-
solidarity contribution
-
-
-
-
health
4 707
-
7 707
-
social contributions
2 266
-
3 711
-
income
4 184
-
6 851
-
total
11 157
-
18 269
-
Employer
34 866
-
57 090
-
social contributions
8 717
-
14 272
-
health
3 138
-
5 138
-
total
11 855
-
19 410
-
Corporate
29 779
76 500
-
-
income
5 658
14 535
-
-
total
5 658
14 535
-
-
Dividends
24 121
61 965
-
-
withholding
3 618
9 295
-
-
total
3 618
9 295
-
-
Income
76 500
76 500
76 500
76 500
Total tax
32 288
23 830
37 679
39 240
After tax
44 212
52 670
38 821
37 260
Living cost
23 709
23 709
23 709
23 709
Free-cash
20 503
28 961
15 112
13 551

Estimated living cost  is ₽23709 per week

₽16469
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1687
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽466
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5088
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽8179
₽612
-₽3226
₽414
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
regional
-
-
-
812
social contributions
-
-
-
19 676
municipal
-
-
-
454
national
-
-
-
14 939
total
-
-
-
35 881
Employee
84 679
-
76 500
-
national
14 673
-
12 613
-
regional
799
-
707
-
municipal
448
-
405
-
social contributions
28 554
-
25 796
-
total
44 474
-
39 521
-
Employer
84 679
-
76 500
-
total
-
-
-
-
Corporate
-
76 500
-
-
nationa
-
18 360
-
-
municipal
-
2 983
-
-
total
-
21 343
-
-
Dividends
-
55 157
-
-
withholding
-
14 340
-
-
total
-
14 340
-
-
Income
76 500
76 500
76 500
76 500
Total tax
44 474
35 683
39 521
35 881
After tax
32 026
40 817
36 979
40 619
Living cost
40 205
40 205
40 205
40 205
Free-cash
-8 179
612
-3 226
414

Estimated living cost  is ₽40205 per week

₽28026
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2636
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽617
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8925
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽24127
₽27095
₽18682
₽20258
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 500
other
-
-
-
-
unemployment
-
-
-
217
income
-
-
-
12 961
pensions
-
-
-
15 300
health
-
-
-
5 432
surtax
-
-
-
1 307
total
-
-
-
35 217
Employee
31 509
-
63 198
-
surtax
103
-
1 159
-
unemployment
2 193
-
4 399
-
other
-
-
-
-
health
805
-
1 611
-
pensions
2 101
-
4 215
-
income
5 282
-
12 107
-
total
10 484
-
23 491
-
Employer
31 509
-
63 198
-
other
-
-
-
-
pensions
4 200
-
8 424
-
unemployment
998
-
2 003
-
health
1 434
-
2 875
-
total
6 632
-
13 302
-
Corporate
38 359
76 500
-
-
income
9 974
19 889
-
-
total
9 974
19 889
-
-
Dividends
28 386
56 611
-
-
withholding
4 258
8 491
-
-
total
4 258
8 491
-
-
Income
76 500
76 500
76 500
76 500
Total tax
31 348
28 380
36 793
35 217
After tax
45 152
48 120
39 707
41 283
Living cost
21 025
21 025
21 025
21 025
Free-cash
24 127
27 095
18 682
20 258

Estimated living cost  is ₽21025 per week

₽12856
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1940
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽485
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5744
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽6656
₽14099
₽5277
₽13736
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
14 239
pensions
-
-
-
5 306
total
-
-
-
19 545
Employee
59 984
-
67 661
-
health
871
-
1 027
-
pensions
5 091
-
6 014
-
income
10 803
-
12 124
-
total
16 765
-
19 165
-
Employer
59 984
-
67 661
-
pensions
6 493
-
7 554
-
health
1 140
-
1 285
-
total
7 633
-
8 839
-
Corporate
8 883
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.

1 687
14 534
-
-
total
1 687
14 534
-
-
Dividends
7 195
61 966
-
-
withholding
540
4 648
-
-
total
540
4 648
-
-
Income
76 500
76 500
76 500
76 500
Total tax
26 625
19 182
28 004
19 545
After tax
49 875
57 318
48 496
56 955
Living cost
43 219
43 219
43 219
43 219
Free-cash
6 656
14 099
5 277
13 736

Estimated living cost  is ₽43219 per week

₽32379
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3239
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽452
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7147
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽20380
-₽40604
-₽15091
-₽11186
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 500
other

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

-
-
-
1 530
city
-
-
-
806
regional
-
-
-
2 167
pensions
-
-
-
7 039
national
-
-
-
312
health
-
-
-
247
total
-
-
-
12 101
Employee
88 454
-
68 473
-
national
419
-
259
-
unemployment
-
-
-
-
city
949
-
736
-
regional
2 896
-
1 836
-
health
200
-
153
-
pensions
7 431
-
5 750
-
total
11 895
-
8 734
-
Employer
88 454
-
68 473
-
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.

1 769
-
1 369
-
pensions
7 431
-
5 750
-
unemployment
-
-
-
-
health
200
-
153
-
total
9 400
-
7 272
-
Corporate
-
76 500
-
-
regional
-
16 179
-
-
national
-
6 503
-
-
total
-
22 682
-
-
Dividends
-
53 818
-
-
withholding
-
18 837
-
-
total
-
18 837
-
-
Income
76 500
76 500
76 500
76 500
Total tax
21 295
41 519
16 006
12 101
After tax
55 205
34 981
60 494
64 399
Living cost
75 585
75 585
75 585
75 585
Free-cash
-20 380
-40 604
-15 091
-11 186

Estimated living cost  is ₽75585 per week

₽49152
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6783
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽928
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18722
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽9748
-₽5701
₽12694
₽7172
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
5 522
income

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

-
-
-
12 937
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.

-
-
-
6 509
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.

-
-
-
712
total
-
-
-
25 680
Employee

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

57 262
-
76 500
-
surtax

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

371
-
712
-
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.

6 509
-
6 509
-
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.

6 733
-
12 937
-
total
13 613
-
20 158
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
19 238
76 500
-
-
trade
3 300
13 120
-
-
income
2 886
11 474
-
-
surtax

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

159
631
-
-
chamber of commerce
172
253
-
-
total
6 517
25 478
-
-
Dividends
12 722
51 022
-
-
withholding
2 819
12 393
-
-
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.

155
682
-
-
total
2 974
13 075
-
-
Income
76 500
76 500
76 500
76 500
Total tax
23 104
38 553
20 158
25 680
After tax
53 396
37 947
56 342
50 820
Living cost
43 648
43 648
43 648
43 648
Free-cash
9 748
-5 701
12 694
7 172

Estimated living cost  is ₽43648 per week

₽31879
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3491
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽568
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7712
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽11583
₽5955
₽12591
₽11855
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 500
other
-
-
-
2 372
social contributions
-
-
-
2 181
income
-
-
-
4 486
pensions
-
-
-
22 345
health
-
-
-
662
surtax
-
-
-
-
total
-
-
-
32 046
Employee
40 778
-
58 294
-
surtax
-
-
-
-
pensions
4 611
-
6 594
-
social contributions
1 163
-
1 660
-
income
2 407
-
4 849
-
total
8 181
-
13 103
-
Employer
40 778
-
58 294
-
other
1 407
-
2 011
-
pensions
6 699
-
9 579
-
unemployment
1 651
-
2 361
-
social contributions
123
-
175
-
health
2 855
-
4 081
-
total
12 735
-
18 207
-
Corporate
22 987
76 500
-
-
income
6 437
21 421
-
-
surtax
-
-
-
-
total
6 437
21 421
-
-
Dividends
16 550
55 079
-
-
withholding
2 119
7 050
-
-
social contributions
2 846
9 475
-
-
surtax
-
-
-
-
total
4 965
16 525
-
-
Income
76 500
76 500
76 500
76 500
Total tax
32 318
37 946
31 310
32 046
After tax
44 182
38 554
45 190
44 454
Living cost
32 599
32 599
32 599
32 599
Free-cash
11 583
5 955
12 591
11 855

Estimated living cost  is ₽32599 per week

₽20555
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2651
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽555
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8840
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽14480
₽9185
₽15821
₽15085
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 500
other
-
-
-
2 372
social contributions
-
-
-
2 181
income
-
-
-
4 486
pensions
-
-
-
22 345
health
-
-
-
662
surtax
-
-
-
-
total
-
-
-
32 046
Employee
36 401
-
58 294
-
surtax
-
-
-
-
pensions
4 117
-
6 594
-
social contributions
1 038
-
1 660
-
income
1 877
-
4 849
-
total
7 032
-
13 103
-
Employer
36 401
-
58 294
-
other
1 257
-
2 011
-
pensions
5 981
-
9 579
-
unemployment
1 474
-
2 361
-
social contributions
108
-
175
-
health
2 548
-
4 081
-
total
11 368
-
18 207
-
Corporate
28 732
76 500
-
-
income
8 044
21 421
-
-
surtax
-
-
-
-
total
8 044
21 421
-
-
Dividends
20 687
55 079
-
-
withholding
2 649
7 050
-
-
social contributions
3 558
9 475
-
-
surtax
-
-
-
-
total
6 207
16 525
-
-
Income
76 500
76 500
76 500
76 500
Total tax
32 651
37 946
31 310
32 046
After tax
43 849
38 554
45 190
44 454
Living cost
29 369
29 369
29 369
29 369
Free-cash
14 480
9 185
15 821
15 085

Estimated living cost  is ₽29369 per week

₽17032
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2983
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽557
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽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 Marseille model

Close
Vilnius , Lithuania
₽26962
₽26467
₽30029
₽28925
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
10 558
income
-
-
-
11 474
health
-
-
-
5 339
total
-
-
-
27 371
Employee
32 306
-
76 500
-
health
2 255
-
5 339
-
social contributions
4 459
-
10 558
-
income
5 388
-
10 370
-
total
12 102
-
26 267
-
Employer
32 306
-
76 500
-
total
-
-
-
-
Corporate
44 194
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%.

2 210
3 824
-
-
total
2 210
3 824
-
-
Dividends
41 985
72 676
-
-
health
2 931
5 074
-
-
withholding
6 298
10 901
-
-
social contributions
5 793
10 030
-
-
total
15 022
26 005
-
-
Income
76 500
76 500
76 500
76 500
Total tax
29 334
29 829
26 267
27 371
After tax
47 166
46 671
50 233
49 129
Living cost
20 204
20 204
20 204
20 204
Free-cash
26 962
26 467
30 029
28 925

Estimated living cost  is ₽20204 per week

₽13521
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1246
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽465
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4971
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽8154
₽9626
-₽7712
₽7082
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
chamber of commerce
-
-
-
306
unemployment
-
-
-
5 844
income
-
-
-
9 502
pensions
-
-
-
14 152
health
-
-
-
5 853
surtax
-
-
-
188
total
-
-
-
35 845
Employee
47 617
37 971
59 258
-
unemployment
1 428
1 139
1 777
-
other
476
380
593
-
health
1 842
1 470
2 293
-
pensions
4 877
3 887
6 068
-
income
5 421
2 801
8 757
-
total
14 044
9 677
19 488
-
Employer
47 617
37 971
59 258
-
payroll
1 428
1 139
1 777
-
other
2 262
1 803
2 815
-
accident
618
494
770
-
pensions
5 976
4 766
7 437
-
unemployment
1 428
1 139
1 777
-
chamber of commerce
190
152
237
-
surtax
188
188
188
-
health
1 799
1 436
2 240
-
total
13 889
11 117
17 241
-
Corporate
14 993
27 413
55 642
-
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.

3 748
6 853
13 910
-
total
3 748
6 853
13 910
-
Dividends
11 245
20 560
-
-
withholding
3 092
5 654
-
-
total
3 092
5 654
-
-
Income
76 500
76 500
76 500
76 500
Total tax
34 773
33 301
50 639
35 845
After tax
41 727
43 199
25 861
40 655
Living cost
33 573
33 573
33 573
33 573
Free-cash
8 154
9 626
-7 712
7 082

Estimated living cost  is ₽33573 per week

₽22392
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2864
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽551
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7766
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽11493
₽8234
-₽3790
₽3104
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
10 919
national
-
-
-
23 803
communal

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

-
-
-
3 934
total
-
-
-
38 656
Employee

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

68 154
-
59 252
-
national
20 953
-
17 471
-
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.

593
-
515
-
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.

3 202
-
2 785
-
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.

5 112
-
4 444
-
communal

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

3 555
-
3 090
-
total
33 415
-
28 305
-
Employer

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

68 154
-
59 252
-
accident

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

886
-
770
-
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.

6 039
-
5 249
-
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.

994
-
864
-
surtax
7 728
-
6 719
-
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.

4 191
-
3 643
-
total
19 838
-
17 245
-
Corporate
-
76 500
-
-
income
-
15 300
-
-
surtax
-
306
-
-
total
-
15 606
-
-
Dividends
-
60 894
-
-
withholding

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

-
17 920
-
-
total
-
17 920
-
-
Income
76 500
76 500
76 500
76 500
Total tax
53 253
33 526
45 550
38 656
After tax
23 247
42 974
30 950
37 844
Living cost
34 740
34 740
34 740
34 740
Free-cash
-11 493
8 234
-3 790
3 104

Estimated living cost  is ₽34740 per week

₽22377
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3038
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽544
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8782
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽9587
₽17178
₽6936
₽6393
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 500
other
-
-
-
76
unemployment
-
-
-
535
income
-
-
-
12 748
pensions
-
-
-
21 649
accident
-
-
-
689
total
-
-
-
35 697
Employee
47 428
-
58 007
-
unemployment
736
-
899
-
other
47
-
58
-
pensions
2 229
-
2 727
-
income
10 007
-
12 980
-
total
13 019
-
16 664
-
Employer
47 428
-
58 007
-
other
378
-
463
-
accident
938
-
1 148
-
pensions
11 192
-
13 689
-
unemployment
2 609
-
3 190
-
total
15 117
-
18 490
-
Corporate
13 954
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.

2 094
11 474
-
-
total
2 094
11 474
-
-
Dividends
11 860
65 026
-
-
withholding
2 273
13 438
-
-
total
2 273
13 438
-
-
Income
76 500
76 500
76 500
76 500
Total tax
32 503
24 912
35 154
35 697
After tax
43 997
51 588
41 346
40 803
Living cost
34 410
34 410
34 410
34 410
Free-cash
9 587
17 178
6 936
6 393

Estimated living cost  is ₽34410 per week

₽25339
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2441
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.
₽6133
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽4275
-₽4459
-₽2211
-₽6098
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 500
income
-
-
-
4 704
pensions
-
-
-
11 467
accident
-
-
-
645
communal
-
-
-
4 835
health
-
-
-
5 376
surtax
-
-
-
3 792
total
-
-
-
30 819
Employee
72 155
-
68 335
-
surtax
4 423
-
4 188
-
health
3 211
-
3 039
-
pensions
5 772
-
5 466
-
income
6 969
-
6 075
-
total
20 375
-
18 768
-
Employer
72 155
-
68 335
-
accident
649
-
615
-
pensions
5 772
-
5 466
-
health
2 200
-
2 083
-
total
8 621
-
8 164
-
Corporate
-
76 500
-
-
income
-
11 474
-
-
communal
-
5 164
-
-
surtax
-
803
-
-
total
-
17 441
-
-
Dividends
-
59 059
-
-
withholding
-
8 858
-
-
income
-
2 881
-
-
total
-
11 739
-
-
Income
76 500
76 500
76 500
76 500
Total tax
28 996
29 180
26 932
30 819
After tax
47 504
47 320
49 568
45 681
Living cost
51 779
51 779
51 779
51 779
Free-cash
-4 275
-4 459
-2 211
-6 098

Estimated living cost  is ₽51779 per week

₽38842
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3137
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽548
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9250
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽23687
₽26719
₽18306
₽19882
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 500
other
-
-
-
-
unemployment
-
-
-
217
income
-
-
-
12 961
pensions
-
-
-
15 300
health
-
-
-
5 432
surtax
-
-
-
1 307
total
-
-
-
35 217
Employee
32 087
-
63 198
-
surtax
114
-
1 159
-
unemployment
2 233
-
4 399
-
other
-
-
-
-
health
819
-
1 611
-
pensions
2 141
-
4 215
-
income
5 379
-
12 107
-
total
10 686
-
23 491
-
Employer
32 087
-
63 198
-
other
-
-
-
-
pensions
4 278
-
8 424
-
unemployment
1 018
-
2 003
-
health
1 459
-
2 875
-
total
6 755
-
13 302
-
Corporate
37 658
76 500
-
-
income
9 791
19 889
-
-
total
9 791
19 889
-
-
Dividends
27 867
56 611
-
-
withholding
4 180
8 491
-
-
total
4 180
8 491
-
-
Income
76 500
76 500
76 500
76 500
Total tax
31 412
28 380
36 793
35 217
After tax
45 088
48 120
39 707
41 283
Living cost
21 401
21 401
21 401
21 401
Free-cash
23 687
26 719
18 306
19 882

Estimated living cost  is ₽21401 per week

₽12921
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1861
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.
₽6124
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽12429
₽14543
₽10990
₽14611
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
regional
-
-
-
1 154
social contributions
-
-
-
19 676
municipal
-
-
-
454
national
-
-
-
14 939
total
-
-
-
36 223
Employee
52 853
-
76 500
-
national
8 373
-
12 613
-
regional
711
-
1 030
-
municipal
280
-
405
-
social contributions
17 823
-
25 796
-
total
27 187
-
39 844
-
Employer
52 853
-
76 500
-
total
-
-
-
-
Corporate
23 647
76 500
-
-
nationa
5 676
18 360
-
-
municipal
1 175
3 802
-
-
total
6 851
22 162
-
-
Dividends
16 796
54 338
-
-
withholding
4 367
14 129
-
-
total
4 367
14 129
-
-
Income
76 500
76 500
76 500
76 500
Total tax
38 405
36 291
39 844
36 223
After tax
38 095
40 209
36 656
40 277
Living cost
25 666
25 666
25 666
25 666
Free-cash
12 429
14 543
10 990
14 611

Estimated living cost  is ₽25666 per week

₽15962
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2600
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽439
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6665
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽13031
₽23454
₽9605
₽8044
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
6 575
health
-
-
-
10 327
solidarity contribution
-
-
-
-
total
-
-
-
39 240
Employee
42 964
-
57 090
-
solidarity contribution
-
-
-
-
health
5 800
-
7 707
-
social contributions
2 793
-
3 711
-
income
5 156
-
6 851
-
total
13 749
-
18 269
-
Employer
42 964
-
57 090
-
social contributions
10 741
-
14 272
-
health
3 867
-
5 138
-
total
14 608
-
19 410
-
Corporate
18 928
76 500
-
-
income
3 596
14 535
-
-
total
3 596
14 535
-
-
Dividends
15 332
61 965
-
-
withholding
2 300
9 295
-
-
total
2 300
9 295
-
-
Income
76 500
76 500
76 500
76 500
Total tax
34 253
23 830
37 679
39 240
After tax
42 247
52 670
38 821
37 260
Living cost
29 216
29 216
29 216
29 216
Free-cash
13 031
23 454
9 605
8 044

Estimated living cost  is ₽29216 per week

₽21727
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1618
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.
₽5365
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽12435
₽12902
-₽4500
₽10445
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
chamber of commerce
-
-
-
306
unemployment
-
-
-
5 844
income
-
-
-
9 502
pensions
-
-
-
14 152
health
-
-
-
5 853
surtax
-
-
-
-
total
-
-
-
35 657
Employee
41 650
37 971
59 404
-
unemployment
1 249
1 139
1 783
-
other
416
380
595
-
health
1 611
1 470
2 298
-
pensions
4 265
3 887
6 083
-
income
3 710
2 801
8 798
-
total
11 251
9 677
19 557
-
Employer
41 650
37 971
59 404
-
payroll
1 249
1 139
1 783
-
other
1 978
1 803
2 821
-
accident
541
494
772
-
pensions
5 227
4 766
7 455
-
unemployment
1 249
1 139
1 783
-
chamber of commerce
166
152
237
-
surtax
-
-
-
-
health
1 575
1 436
2 246
-
total
11 985
10 929
17 097
-
Corporate
22 864
27 601
55 788
-
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.

5 715
6 900
13 948
-
total
5 715
6 900
13 948
-
Dividends
17 149
20 701
-
-
withholding
4 716
5 694
-
-
total
4 716
5 694
-
-
Income
76 500
76 500
76 500
76 500
Total tax
33 667
33 200
50 602
35 657
After tax
42 833
43 300
25 898
40 843
Living cost
30 398
30 398
30 398
30 398
Free-cash
12 435
12 902
-4 500
10 445

Estimated living cost  is ₽30398 per week

₽18235
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3105
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.
₽8516
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽58159
₽60451
₽48976
₽63511
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
15 280
-
76 500
-
income
3 056
-
15 300
-
total
3 056
-
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%.

61 220
76 500
-
-
total
-
-
-
-
Dividends
61 220
76 500
-
-
withholding
3 061
3 825
-
-
total
3 061
3 825
-
-
Income
76 500
76 500
76 500
76 500
Total tax
6 117
3 825
15 300
765
After tax
70 383
72 675
61 200
75 735
Living cost
12 224
12 224
12 224
12 224
Free-cash
58 159
60 451
48 976
63 511

Estimated living cost  is ₽12224 per week

₽8272
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽513
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽410
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3029
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽19145
₽27113
₽12657
₽14848
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

A sole-trader pays social contribution from 75% of the assessed income made in the last year.

The minimum monthly assessed income used to calculate contributions is 60% of the insured's average monthly wage in the last year.

The maximum assessed income used to calculate contributions is 3.5 times the insured's average monthly wage in the last year.

-
-
-
76 500
unemployment
-
-
-
114
income
-
-
-
14 484
pensions
-
-
-
13 971
health
-
-
-
7 527
total
-
-
-
36 096
Employee

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

42 133
-
66 192
-
unemployment
60
-
92
-
health
2 721
-
4 276
-
pensions
6 531
-
10 259
-
income
7 266
-
13 354
-
total
16 578
-
27 981
-
Employer

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

42 133
-
66 192
-
pensions
3 728
-
5 858
-
unemployment
25
-
40
-
health
2 806
-
4 408
-
total
6 559
-
10 306
-
Corporate
27 807
76 500
-
-
income
5 283
14 535
-
-
total
5 283
14 535
-
-
Dividends
22 524
61 965
-
-
withholding
3 379
9 296
-
-
total
3 379
9 296
-
-
Income
76 500
76 500
76 500
76 500
Total tax
31 799
23 831
38 287
36 096
After tax
44 701
52 669
38 213
40 404
Living cost
25 556
25 556
25 556
25 556
Free-cash
19 145
27 113
12 657
14 848

Estimated living cost  is ₽25556 per week

₽17539
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1638
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.
₽5885
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽65318
₽5502
₽22947
₽11828
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
58 846
-
-
-
social contributions
4 825
-
688
-
income
12 980
-
-
-
total
17 805
-
688
-
Employer
58 846
-
-
-
social contributions
82 973
-
11 825
-
total
82 973
-
11 825
-
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
100 778
29 957
12 513
23 632
After tax
-24 278
46 543
63 987
52 868
Living cost
41 040
41 040
41 040
41 040
Free-cash
-65 318
5 502
22 947
11 828

Estimated living cost  is ₽41040 per week

₽26629
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3860
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽523
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10029
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽12668
₽13627
₽10215
₽13409
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
26 583
income
-
-
-
6 622
surtax
-
-
-
-
total
-
-
-
33 205
Employee
43 821
-
61 818
-
surtax
-
-
-
-
social contributions
4 820
-
6 800
-
income
9 115
-
14 917
-
total
13 935
-
21 717
-
Employer
43 821
-
61 818
-
social contributions
10 408
-
14 682
-
total
10 408
-
14 682
-
Corporate
22 271
76 500
-
-
income
4 678
16 065
-
-
surtax
-
-
-
-
total
4 678
16 065
-
-
Dividends
17 593
60 435
-
-
withholding
4 925
16 922
-
-
total
4 925
16 922
-
-
Income
76 500
76 500
76 500
76 500
Total tax
33 946
32 987
36 399
33 205
After tax
42 554
43 513
40 101
43 295
Living cost
29 886
29 886
29 886
29 886
Free-cash
12 668
13 627
10 215
13 409

Estimated living cost  is ₽29886 per week

₽22361
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1763
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽499
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5263
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽1813
-₽7465
-₽829
-₽1565
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 500
other
-
-
-
2 372
social contributions
-
-
-
2 181
income
-
-
-
4 486
pensions
-
-
-
22 345
health
-
-
-
662
surtax
-
-
-
-
total
-
-
-
32 046
Employee
59 676
-
58 294
-
surtax
-
-
-
-
pensions
6 750
-
6 594
-
social contributions
1 700
-
1 660
-
income
5 207
-
4 849
-
total
13 657
-
13 103
-
Employer
59 676
-
58 294
-
other
2 059
-
2 011
-
pensions
9 805
-
9 579
-
unemployment
2 417
-
2 361
-
social contributions
179
-
175
-
health
4 177
-
4 081
-
total
18 637
-
18 207
-
Corporate
-
76 500
-
-
income
-
21 421
-
-
surtax
-
-
-
-
total
-
21 421
-
-
Dividends
-
55 079
-
-
withholding
-
7 050
-
-
social contributions
-
9 475
-
-
surtax
-
-
-
-
total
-
16 525
-
-
Income
76 500
76 500
76 500
76 500
Total tax
32 294
37 946
31 310
32 046
After tax
44 206
38 554
45 190
44 454
Living cost
46 019
46 019
46 019
46 019
Free-cash
-1 813
-7 465
-829
-1 565

Estimated living cost  is ₽46019 per week

₽31145
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3765
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽631
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10478
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽37008
₽40209
₽32359
₽30215
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
814
social contributions
-
-
-
16 830
total
-
-
-
17 644
Employee
30 632
-
66 233
-
social contributions
1 991
-
4 305
-
income
-
-
928
-
total
1 991
-
5 233
-
Employer
30 632
-
66 233
-
social contributions
4 748
-
10 267
-
total
4 748
-
10 267
-
Corporate
41 120
76 500
-
-
income
4 112
7 650
-
-
total
4 112
7 650
-
-
Dividends
37 009
68 850
-
-
total
-
-
-
-
Income
76 500
76 500
76 500
76 500
Total tax
10 851
7 650
15 500
17 644
After tax
65 649
68 850
61 000
58 856
Living cost
28 641
28 641
28 641
28 641
Free-cash
37 008
40 209
32 359
30 215

Estimated living cost  is ₽28641 per week

₽18519
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2159
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽539
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7424
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽130785
-₽130785
-₽130785
₽2430
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 500
pensions
-
-
-
825
municipal
-
-
-
13 543
labour market
-
-
-
6 054
national
-
-
-
7 829
total
-
-
-
28 251
Employee
193 389
193 389
193 389
-
national
23 626
23 626
23 626
-
municipal
41 181
41 181
41 181
-
labour market
15 449
15 449
15 449
-
pensions
275
275
275
-
total
80 531
80 531
80 531
-
Employer
193 389
193 389
193 389
-
municipal
41 247
41 247
41 247
-
pensions
550
550
550
-
national
23 667
23 667
23 667
-
labour market
15 471
15 471
15 471
-
total
80 935
80 935
80 935
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
76 500
76 500
76 500
76 500
Total tax
161 466
161 466
161 466
28 251
After tax
-84 966
-84 966
-84 966
48 249
Living cost
45 819
45 819
45 819
45 819
Free-cash
-130 785
-130 785
-130 785
2 430

Estimated living cost  is ₽45819 per week

₽31359
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4053
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽705
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9702
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽2956
-₽14933
₽17506
₽31510
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 500
other
-
-
-
361
income
-
-
-
17 072
pensions
-
-
-
4 056
accident
-
-
-
246
health
-
-
-
2 126
total
-
-
-
23 861
Employee
33 238
-
63 549
-
health
3 806
-
7 276
-
pensions
3 743
-
7 156
-
income
4 560
-
10 482
-
total
12 109
-
24 914
-
Employer
33 238
-
63 549
-
accident
555
-
1 061
-
pensions
5 404
-
10 333
-
unemployment
814
-
1 557
-
total
6 773
-
12 951
-
Corporate
36 488
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.

32 840
68 850
-
-
total
32 840
68 850
-
-
Dividends
3 649
7 650
-
-
withholding
693
1 454
-
-
total
693
1 454
-
-
Income
76 500
76 500
76 500
76 500
Total tax
52 415
70 304
37 865
23 861
After tax
24 085
6 196
38 635
52 639
Living cost
21 129
21 129
21 129
21 129
Free-cash
2 956
-14 933
17 506
31 510

Estimated living cost  is ₽21129 per week

₽15380
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1205
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽396
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4148
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽11704
₽15514
₽8547
₽19726
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
13 630
national
-
-
-
5 782
health
-
-
-
781
total
-
-
-
20 193
Employee
50 129
-
64 357
-
national
828
-
2 804
-
unemployment
752
-
966
-
health
374
-
593
-
municipal
8 211
-
10 521
-
pensions
3 383
-
4 345
-
total
13 548
-
19 229
-
Employer
50 129
-
64 357
-
accident
51
-
65
-
pensions
8 697
-
11 165
-
unemployment
325
-
418
-
health
385
-
495
-
total
9 458
-
12 143
-
Corporate
16 913
76 500
-
-
income
3 383
15 300
-
-
total
3 383
15 300
-
-
Dividends

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

10 147
45 900
-
-
municipal
1 826
8 261
-
-
national
-
844
-
-
total
1 826
9 105
-
-
Income
76 500
76 500
76 500
76 500
Total tax
28 215
24 405
31 372
20 193
After tax
48 285
52 095
45 128
56 307
Living cost
36 581
36 581
36 581
36 581
Free-cash
11 704
15 514
8 547
19 726

Estimated living cost  is ₽36581 per week

₽23894
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3519
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽582
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8587
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28860
₽32894
₽33549
₽34483
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
6 072
health
-
-
-
1 951
total
-
-
-
19 957
Employee
73 266
73 266
73 266
-
health
568
1 246
1 181
-
social contributions
2 770
6 081
5 764
-
income
7 977
6 782
6 896
-
total
11 315
14 109
13 841
-
Employer
73 266
73 266
73 266
-
social contributions
2 770
6 081
5 764
-
health
617
1 356
1 286
-
total
3 387
7 437
7 050
-
Corporate
39 738
-
-
-
income
4 967
-
-
-
total
4 967
-
-
-
Dividends
34 771
-
-
-
withholding
5 911
-
-
-
total
5 911
-
-
-
Income
76 500
76 500
76 500
76 500
Total tax
25 580
21 546
20 891
19 957
After tax
50 920
54 954
55 609
56 543
Living cost
22 060
22 060
22 060
22 060
Free-cash
28 860
32 894
33 549
34 483

Estimated living cost  is ₽22060 per week

₽13221
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2164
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽488
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6187
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽43375
₽48222
₽32122
₽44806
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

By law (Article 9 §1 (7); Article 10 §1 (7); Article 11 §1 (5)) a social contribution base is set as:

  • up to €9,000.00, 60% of the average monthly wage in Montenegro
  • up to €15,000.00, 100% of the average monthly wage in Montenegro
  • in excess of €15,000, 150% of the average monthly wage in Montenegro
-
-
-
76 500
unemployment
-
-
-
27
income
-
-
-
7 030
pensions
-
-
-
6 061
health
-
-
-
3 448
total
-
-
-
16 566
Employee

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

21 870
-
69 356
-
unemployment
108
-
347
-
health
1 859
-
5 894
-
pensions
3 280
-
10 404
-
income
1 495
-
5 461
-
total
6 742
-
22 106
-
Employer

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

21 870
-
69 356
-
pensions
1 202
-
3 815
-
unemployment
108
-
347
-
health
940
-
2 982
-
total
2 250
-
7 144
-
Corporate
52 379
76 500
-
-
income
4 714
6 885
-
-
total
4 714
6 885
-
-
Dividends
47 665
69 615
-
-
withholding
4 291
6 265
-
-
total
4 291
6 265
-
-
Income
76 500
76 500
76 500
76 500
Total tax
17 997
13 150
29 250
16 566
After tax
58 503
63 350
47 250
59 934
Living cost
15 128
15 128
15 128
15 128
Free-cash
43 375
48 222
32 122
44 806

Estimated living cost  is ₽15128 per week

₽9652
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1090
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽450
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3934
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽20389
₽25387
₽15145
₽14602
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 500
other
-
-
-
76
unemployment
-
-
-
535
income
-
-
-
12 748
pensions
-
-
-
21 649
accident
-
-
-
689
total
-
-
-
35 697
Employee
35 231
-
58 007
-
unemployment
546
-
899
-
other
34
-
58
-
pensions
1 656
-
2 727
-
income
6 792
-
12 980
-
total
9 028
-
16 664
-
Employer
35 231
-
58 007
-
other
282
-
463
-
accident
698
-
1 148
-
pensions
8 314
-
13 689
-
unemployment
1 938
-
3 190
-
total
11 232
-
18 490
-
Corporate
30 037
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.

4 506
11 474
-
-
total
4 506
11 474
-
-
Dividends
25 531
65 026
-
-
withholding
5 144
13 438
-
-
total
5 144
13 438
-
-
Income
76 500
76 500
76 500
76 500
Total tax
29 910
24 912
35 154
35 697
After tax
46 590
51 588
41 346
40 803
Living cost
26 201
26 201
26 201
26 201
Free-cash
20 389
25 387
15 145
14 602

Estimated living cost  is ₽26201 per week

₽17685
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2519
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽459
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5538
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽45638
₽45935
₽46739
₽46867
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 500
income
-
-
-
25 566
pensions
-
-
-
1 314
health
-
-
-
952
total
-
-
-
27 832
Employee
2 743
-
75 022
-
unemployment
27
-
66
-
health
137
-
328
-
pensions
247
-
591
-
income
531
-
25 497
-
total
942
-
26 482
-
Employer
2 743
-
75 022
-
pensions
302
-
723
-
unemployment
55
-
131
-
health
261
-
624
-
total
618
-
1 478
-
Corporate
73 140
76 500
-
-
income
16 091
16 830
-
-
total
16 091
16 830
-
-
Dividends
57 049
59 670
-
-
withholding
11 410
11 934
-
-
total
11 410
11 934
-
-
Income
76 500
76 500
76 500
76 500
Total tax
29 061
28 764
27 960
27 832
After tax
47 439
47 736
48 540
48 668
Living cost
1 801
1 801
1 801
1 801
Free-cash
45 638
45 935
46 739
46 867

Estimated living cost  is ₽1801 per week

₽1070
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽146
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽41
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽543
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽34129
₽38811
₽23091
₽21752
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

-
-
-
76 500
unemployment
-
-
-
1 055
income
-
-
-
11 700
pensions
-
-
-
18 288
health
-
-
-
7 245
total
-
-
-
38 288
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.

24 820
-
64 885
-
unemployment
186
-
487
-
health
1 278
-
3 342
-
pensions
3 475
-
9 084
-
income
3 421
-
12 421
-
total
8 360
-
25 334
-
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.

24 820
-
64 885
-
pensions
2 978
-
7 786
-
unemployment
186
-
487
-
health
1 278
-
3 342
-
total
4 442
-
11 615
-
Corporate
47 237
76 500
-
-
income
7 086
11 475
-
-
total
7 086
11 475
-
-
Dividends
40 151
65 025
-
-
withholding
6 023
9 754
-
-
total
6 023
9 754
-
-
Income
76 500
76 500
76 500
76 500
Total tax
25 911
21 229
36 949
38 288
After tax
50 589
55 271
39 551
38 212
Living cost
16 460
16 460
16 460
16 460
Free-cash
34 129
38 811
23 091
21 752

Estimated living cost  is ₽16460 per week

₽11082
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1273
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽476
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3628
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽17483
₽17826
₽14414
₽17608
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
26 583
income
-
-
-
6 622
surtax
-
-
-
-
total
-
-
-
33 205
Employee
36 980
-
61 818
-
surtax
-
-
-
-
social contributions
4 068
-
6 800
-
income
7 226
-
14 917
-
total
11 294
-
21 717
-
Employer
36 980
-
61 818
-
social contributions
8 782
-
14 682
-
total
8 782
-
14 682
-
Corporate
30 738
76 500
-
-
income
6 455
16 065
-
-
surtax
-
-
-
-
total
6 455
16 065
-
-
Dividends
24 283
60 435
-
-
withholding
6 799
16 922
-
-
total
6 799
16 922
-
-
Income
76 500
76 500
76 500
76 500
Total tax
33 330
32 987
36 399
33 205
After tax
43 170
43 513
40 101
43 295
Living cost
25 687
25 687
25 687
25 687
Free-cash
17 483
17 826
14 414
17 608

Estimated living cost  is ₽25687 per week

₽18193
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1785
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽456
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5254
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽10834
₽18102
₽7860
₽7317
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 500
other
-
-
-
76
unemployment
-
-
-
535
income
-
-
-
12 748
pensions
-
-
-
21 649
accident
-
-
-
689
total
-
-
-
35 697
Employee
46 016
-
58 007
-
unemployment
712
-
899
-
other
45
-
58
-
pensions
2 163
-
2 727
-
income
9 611
-
12 980
-
total
12 531
-
16 664
-
Employer
46 016
-
58 007
-
other
369
-
463
-
accident
911
-
1 148
-
pensions
10 860
-
13 689
-
unemployment
2 531
-
3 190
-
total
14 671
-
18 490
-
Corporate
15 813
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.

2 372
11 474
-
-
total
2 372
11 474
-
-
Dividends
13 441
65 026
-
-
withholding
2 606
13 438
-
-
total
2 606
13 438
-
-
Income
76 500
76 500
76 500
76 500
Total tax
32 180
24 912
35 154
35 697
After tax
44 320
51 588
41 346
40 803
Living cost
33 486
33 486
33 486
33 486
Free-cash
10 834
18 102
7 860
7 317

Estimated living cost  is ₽33486 per week

₽24048
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2604
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽472
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6363
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽43106
₽48941
₽41637
₽39630
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 500
unemployment
-
-
-
134
income
-
-
-
11 475
pensions

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

-
-
-
4 949
health
-
-
-
3 845
total
-
-
-
20 403
Employee
21 804
-
69 940
-
accident

We are using the highest rate at 1.1%.

240
-
368
-
health
1 003
-
1 538
-
pensions

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

1 914
-
2 936
-
income
2 181
-
6 994
-
total
5 338
-
11 836
-
Employer
21 804
-
69 940
-
accident

We are using the highest rate at 1.1%.

240
-
368
-
pensions

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

2 403
-
3 684
-
unemployment
131
-
201
-
health
1 505
-
2 307
-
total
4 279
-
6 560
-
Corporate
50 418
76 500
-
-
income
5 041
7 650
-
-
total
5 041
7 650
-
-
Dividends
45 376
68 850
-
-
withholding
2 269
3 442
-
-
total
2 269
3 442
-
-
Income
76 500
76 500
76 500
76 500
Total tax
16 927
11 092
18 396
20 403
After tax
59 573
65 408
58 104
56 097
Living cost
16 467
16 467
16 467
16 467
Free-cash
43 106
48 941
41 637
39 630

Estimated living cost  is ₽16467 per week

₽10891
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽943
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽393
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4241
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽15201
₽2737
₽19557
₽14935
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
4 622
income

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

-
-
-
12 937
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.

-
-
-
6 509
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.

-
-
-
712
total
-
-
-
24 780
Employee

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

47 408
-
76 500
-
surtax

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

215
-
712
-
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.

6 509
-
6 509
-
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.

3 898
-
12 937
-
total
10 622
-
20 158
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
29 092
76 500
-
-
trade
4 175
10 977
-
-
income
4 363
11 474
-
-
surtax

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

240
631
-
-
chamber of commerce
188
257
-
-
total
8 966
23 339
-
-
Dividends
20 126
53 161
-
-
withholding
4 669
12 928
-
-
surtax

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

257
711
-
-
total
4 926
13 639
-
-
Income
76 500
76 500
76 500
76 500
Total tax
24 514
36 978
20 158
24 780
After tax
51 986
39 522
56 342
51 720
Living cost
36 785
36 785
36 785
36 785
Free-cash
15 201
2 737
19 557
14 935

Estimated living cost  is ₽36785 per week

₽25375
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3958
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽533
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6918
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽1377
-₽726
₽965
₽965
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
6 407
income
-
-
-
14 852
total
-
-
-
21 259
Employee
74 530
-
76 500
-
social contributions
6 192
-
6 407
-
income
14 064
-
14 852
-
total
20 256
-
21 259
-
Employer
74 530
-
76 500
-
total
-
-
-
-
Corporate
1 970
76 500
-
-
income
246
9 563
-
-
total
246
9 563
-
-
Dividends
1 724
66 937
-
-
withholding
345
13 387
-
-
total
345
13 387
-
-
Income
76 500
76 500
76 500
76 500
Total tax
20 847
22 950
21 259
21 259
After tax
55 653
53 550
55 241
55 241
Living cost
54 276
54 276
54 276
54 276
Free-cash
1 377
-726
965
965

Estimated living cost  is ₽54276 per week

₽41292
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4423
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽519
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8043
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽15623
₽10104
₽21304
₽8967
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We use The Residence Programme or The Global Residence Programme.

-
-
-
76 500
health

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

-
-
-
5 824
income
-
-
-
27 122
total
-
-
-
32 946
Employee
43 709
-
72 117
-
social contributions
4 379
-
4 383
-
income
4 743
-
11 843
-
total
9 122
-
16 226
-
Employer
43 709
-
72 117
-
social contributions
4 379
-
4 383
-
total
4 379
-
4 383
-
Corporate
28 412
76 500
-
-
income
9 945
26 775
-
-
total
9 945
26 775
-
-
Dividends
18 467
49 725
-
-
social contributions
2 844
5 034
-
-
total
2 844
5 034
-
-
Income
76 500
76 500
76 500
76 500
Total tax
26 290
31 809
20 609
32 946
After tax
50 210
44 691
55 891
43 554
Living cost
34 587
34 587
34 587
34 587
Free-cash
15 623
10 104
21 304
8 967

Estimated living cost  is ₽34587 per week

₽22782
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2727
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽530
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8547
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽16842
₽22183
₽13361
₽21820
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
14 239
pensions
-
-
-
5 306
total
-
-
-
19 545
Employee
48 228
-
67 661
-
health
629
-
1 027
-
pensions
3 681
-
6 014
-
income
8 783
-
12 124
-
total
13 093
-
19 165
-
Employer
48 228
-
67 661
-
pensions
4 873
-
7 554
-
health
917
-
1 285
-
total
5 790
-
8 839
-
Corporate
22 483
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.

4 273
14 534
-
-
total
4 273
14 534
-
-
Dividends
18 210
61 966
-
-
withholding
1 367
4 648
-
-
total
1 367
4 648
-
-
Income
76 500
76 500
76 500
76 500
Total tax
24 523
19 182
28 004
19 545
After tax
51 977
57 318
48 496
56 955
Living cost
35 135
35 135
35 135
35 135
Free-cash
16 842
22 183
13 361
21 820

Estimated living cost  is ₽35135 per week

₽24103
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3231
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽440
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7360
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽2636
-₽17025
₽15414
₽29418
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 500
other
-
-
-
361
income
-
-
-
17 072
pensions
-
-
-
4 056
accident
-
-
-
246
health
-
-
-
2 126
total
-
-
-
23 861
Employee
36 528
-
63 549
-
health
4 182
-
7 276
-
pensions
4 113
-
7 156
-
income
5 011
-
10 482
-
total
13 306
-
24 914
-
Employer
36 528
-
63 549
-
accident
610
-
1 061
-
pensions
5 939
-
10 333
-
unemployment
895
-
1 557
-
total
7 444
-
12 951
-
Corporate
32 528
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.

29 275
68 850
-
-
total
29 275
68 850
-
-
Dividends
3 253
7 650
-
-
withholding
618
1 454
-
-
total
618
1 454
-
-
Income
76 500
76 500
76 500
76 500
Total tax
50 643
70 304
37 865
23 861
After tax
25 857
6 196
38 635
52 639
Living cost
23 221
23 221
23 221
23 221
Free-cash
2 636
-17 025
15 414
29 418

Estimated living cost  is ₽23221 per week

₽17042
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1353
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽468
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4358
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47534
₽52164
₽31469
₽31368
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
76 500
unemployment
-
-
-
918
income
-
-
-
11 233
pensions
-
-
-
14 076
health insurance
-
-
-
5 661
work injury
-
-
-
383
total
-
-
-
32 271
Employee

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

20 577
-
76 500
-
health insurance
1 523
-
5 634
-
unemployment
247
-
914
-
work injury
103
-
381
-
pensions
3 786
-
14 008
-
income
2 058
-
11 233
-
total
7 717
-
32 170
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
55 923
76 500
-
-
income

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

-
-
-
-
total
-
-
-
-
Dividends
55 923
76 500
-
-
withholding
8 388
11 475
-
-
total
8 388
11 475
-
-
Income
76 500
76 500
76 500
76 500
Total tax
16 105
11 475
32 170
32 271
After tax
60 395
65 025
44 330
44 229
Living cost
12 861
12 861
12 861
12 861
Free-cash
47 534
52 164
31 469
31 368

Estimated living cost  is ₽12861 per week

₽7967
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽935
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽401
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3558
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽3789
₽2338
-₽1437
₽2061
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
regional
-
-
-
1 355
social contributions
-
-
-
19 676
municipal
-
-
-
512
national
-
-
-
14 939
total
-
-
-
36 482
Employee
80 289
-
76 500
-
national
13 568
-
12 613
-
regional
1 212
-
1 115
-
municipal
479
-
456
-
social contributions
27 073
-
25 796
-
total
42 332
-
39 980
-
Employer
80 289
-
76 500
-
total
-
-
-
-
Corporate
-
76 500
-
-
nationa
-
18 360
-
-
municipal
-
3 687
-
-
total
-
22 047
-
-
Dividends
-
54 454
-
-
withholding
-
14 158
-
-
total
-
14 158
-
-
Income
76 500
76 500
76 500
76 500
Total tax
42 332
36 205
39 980
36 482
After tax
34 168
40 295
36 520
40 018
Living cost
37 957
37 957
37 957
37 957
Free-cash
-3 789
2 338
-1 437
2 061

Estimated living cost  is ₽37957 per week

₽26663
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2611
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽573
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8109
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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