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
₽28020
₽10607
₽22770
₽20877
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
76 500
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

-
-
-
6 342
income

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

-
-
-
13 287
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.

-
-
-
731
trade
-
-
-
5 250
total
-
-
-
25 610
Employee

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

35 509
-
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.

55
-
731
-
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.

992
-
13 287
-
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.

6 342
-
6 342
-
total
7 389
-
20 360
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
40 991
76 500
-
-
chamber of commerce
199
250
-
-
surtax

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

338
631
-
-
trade
6 457
12 049
-
-
income
6 149
11 474
-
-
total
13 143
24 404
-
-
Dividends
27 848
52 096
-
-
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.

363
698
-
-
withholding
6 608
12 671
-
-
total
6 971
13 369
-
-
Income
76 500
76 500
76 500
76 500
Total tax
27 503
37 773
20 360
25 610
After tax
48 997
38 727
56 140
50 890
Living cost
28 120
28 120
28 120
28 120
Free-cash
20 877
10 607
28 020
22 770

Estimated living cost  is ₽28120 per week

₽17688
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3279
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6628
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽1541
-₽1226
-₽2140
-₽6288
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
national
-
-
-
11 959
municipal
-
-
-
7 717
total
-
-
-
29 678
Employee
75 900
-
66 134
-
municipal
9 375
-
8 014
-
national
14 527
-
12 418
-
pensions
3 036
-
2 645
-
total
26 938
-
23 077
-
Employer
75 900
-
66 134
-
pensions
6 072
-
5 291
-
social contributions
816
-
711
-
total
6 888
-
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
33 826
28 764
29 079
29 678
After tax
42 674
47 736
47 421
46 822
Living cost
48 962
48 962
48 962
48 962
Free-cash
-6 288
-1 226
-1 541
-2 140

Estimated living cost  is ₽48962 per week

₽33279
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4551
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽733
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10399
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽23991
₽41887
₽21712
₽34271
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
10 880
surtax
-
-
-
-
microenterprise
-
-
-
-
total
-
-
-
35 474
Employee
27 128
-
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.

2 984
-
6 781
-
income
4 829
-
11 562
-
total
7 813
-
18 343
-
Employer
27 128
-
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.

6 534
-
14 852
-
total
6 534
-
14 852
-
Corporate
42 838
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%.

8 568
15 299
-
-
total
8 568
15 299
-
-
Dividends

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

34 270
61 201
-
-
total
-
-
-
-
Income
76 500
76 500
76 500
76 500
Total tax
22 915
15 299
33 195
35 474
After tax
53 585
61 201
43 305
41 026
Living cost
19 314
19 314
19 314
19 314
Free-cash
34 271
41 887
23 991
21 712

Estimated living cost  is ₽19314 per week

₽12322
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1839
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.
₽4715
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽15690
-₽10478
₽4624
-₽15690
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 500
health
-
-
-
10 192
income
-
-
-
11 916
pensions
-
-
-
10 877
total
-
-
-
32 985
Employee
79 280
79 280
79 280
-
income

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

12 977
12 977
12 977
-
pensions
14 270
10 877
14 270
-
health
12 169
10 350
12 169
-
total
39 416
34 204
39 416
-
Employer
79 280
79 280
79 280
-
unemployment
2 854
2 854
2 854
-
health
5 511
5 511
5 511
-
pensions
5 518
5 518
5 518
-
total
13 883
13 883
13 883
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
76 500
76 500
76 500
76 500
Total tax
53 299
48 087
53 299
32 985
After tax
23 201
28 413
23 201
43 515
Living cost
38 891
38 891
38 891
38 891
Free-cash
-15 690
-10 478
-15 690
4 624

Estimated living cost  is ₽38891 per week

₽27561
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3506
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽618
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7206
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽2396
₽3313
-₽323
₽2450
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
4 774
accident
-
-
-
153
pensions
-
-
-
8 270
national
-
-
-
-
unemployment
-
-
-
77
municipal
-
-
-
16 204
total
-
-
-
38 367
Employee
54 796
-
58 210
-
municipal
16 340
-
17 358
-
national
-
-
-
-
total
16 340
-
17 358
-
Employer
54 796
-
58 210
-
other
6 367
-
6 764
-
unemployment
1 447
-
1 537
-
health
3 370
-
3 580
-
accident
110
-
116
-
pensions
5 923
-
6 293
-
total
17 217
-
18 290
-
Corporate
4 487
76 500
-
-
income
987
16 830
-
-
total
987
16 830
-
-
Dividends
3 500
59 670
-
-
withholding
1 050
17 901
-
-
total
1 050
17 901
-
-
Income
76 500
76 500
76 500
76 500
Total tax
35 594
34 731
35 648
38 367
After tax
40 906
41 769
40 852
38 133
Living cost
38 456
38 456
38 456
38 456
Free-cash
2 450
3 313
2 396
-323

Estimated living cost  is ₽38456 per week

₽25487
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3774
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽584
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8611
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽19669
₽1864
₽14185
₽14907
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
76 500
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

-
-
-
6 342
income

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

-
-
-
13 287
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.

-
-
-
731
trade
-
-
-
5 484
total
-
-
-
25 844
Employee

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

47 080
-
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.

222
-
731
-
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.

4 045
-
13 287
-
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.

6 342
-
6 342
-
total
10 609
-
20 360
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
29 420
76 500
-
-
chamber of commerce
183
250
-
-
surtax

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

243
631
-
-
trade
4 840
12 584
-
-
income
4 413
11 474
-
-
total
9 679
24 939
-
-
Dividends
19 741
51 560
-
-
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.

252
689
-
-
withholding
4 582
12 537
-
-
total
4 834
13 226
-
-
Income
76 500
76 500
76 500
76 500
Total tax
25 122
38 165
20 360
25 844
After tax
51 378
38 335
56 140
50 656
Living cost
36 471
36 471
36 471
36 471
Free-cash
14 907
1 864
19 669
14 185

Estimated living cost  is ₽36471 per week

₽24392
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3846
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.
₽7688
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽25727
₽25395
₽26188
₽22129
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 500
social contributions
-
-
-
11 934
health
-
-
-
1 950
income
-
-
-
6 316
total
-
-
-
20 200
Employee
71 388
71 388
71 388
-
social contributions
3 469
5 925
5 765
-
income
7 496
6 608
6 667
-
health
710
1 214
1 180
-
total
11 675
13 747
13 612
-
Employer
71 388
71 388
71 388
-
health
773
1 321
1 284
-
social contributions
3 469
5 925
5 765
-
total
4 242
7 246
7 049
-
Corporate
30 470
-
-
-
income
3 809
-
-
-
total
3 809
-
-
-
Dividends
26 661
-
-
-
withholding
4 533
-
-
-
total
4 533
-
-
-
Income
76 500
76 500
76 500
76 500
Total tax
24 259
20 993
20 661
20 200
After tax
52 241
55 507
55 839
56 300
Living cost
30 112
30 112
30 112
30 112
Free-cash
22 129
25 395
25 727
26 188

Estimated living cost  is ₽30112 per week

₽20585
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2352
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽506
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6670
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽26713
₽25536
₽35361
₽25904
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

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

25 457
10 132
64 017
-
income
3 112
1 239
7 826
-
pensions
2 546
1 013
6 402
-
health
1 782
709
4 481
-
unemployment
382
152
960
-
total
7 822
3 113
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.

25 457
10 132
64 017
-
pensions
4 964
1 976
12 483
-
total
4 964
1 976
12 483
-
Corporate
46 079
64 393
-
-
income
4 147
5 795
-
-
total
4 147
5 795
-
-
Dividends
41 932
58 597
-
-
social contributions
8 061
11 311
-
-
withholding
7 967
11 134
-
-
total
16 028
22 445
-
-
Income
76 500
76 500
76 500
76 500
Total tax
32 961
33 329
32 152
23 504
After tax
43 539
43 171
44 348
52 996
Living cost
17 635
17 635
17 635
17 635
Free-cash
25 904
25 536
26 713
35 361

Estimated living cost  is ₽17635 per week

₽12035
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1443
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽352
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3805
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽21671
₽38777
₽18580
₽33009
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 500
health
-
-
-
9 945
income
-
-
-
10 250
pensions
-
-
-
15 301
total
-
-
-
35 496
Employee
26 337
-
57 175
-
income
2 965
-
11 023
-
pensions
527
-
1 143
-
unemployment
421
-
914
-
total
3 913
-
13 080
-
Employer
26 337
-
57 175
-
unemployment
211
-
458
-
health
3 423
-
7 433
-
pensions
5 268
-
11 434
-
total
8 902
-
19 325
-
Corporate
41 261
76 500
-
-
income
8 252
15 299
-
-
total
8 252
15 299
-
-
Dividends
33 009
61 201
-
-
total
-
-
-
-
Income
76 500
76 500
76 500
76 500
Total tax
21 067
15 299
32 405
35 496
After tax
55 433
61 201
44 095
41 004
Living cost
22 424
22 424
22 424
22 424
Free-cash
33 009
38 777
21 671
18 580

Estimated living cost  is ₽22424 per week

₽15380
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1335
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽451
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5257
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽17779
-₽14468
₽31951
₽3026
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
348
health
-
-
-
2 049
accident
-
-
-
237
income
-
-
-
17 342
pensions
-
-
-
3 908
total
-
-
-
23 884
Employee
32 507
-
63 549
-
income
4 460
-
10 673
-
pensions
3 660
-
7 156
-
health
3 722
-
7 276
-
total
11 842
-
25 105
-
Employer
32 507
-
63 549
-
unemployment
796
-
1 557
-
accident
543
-
1 061
-
pensions
5 286
-
10 333
-
total
6 625
-
12 951
-
Corporate
37 368
76 500
-
-
income

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

33 632
68 850
-
-
total
33 632
68 850
-
-
Dividends
3 737
7 650
-
-
withholding
710
1 453
-
-
total
710
1 453
-
-
Income
76 500
76 500
76 500
76 500
Total tax
52 809
70 303
38 056
23 884
After tax
23 691
6 197
38 444
52 616
Living cost
20 665
20 665
20 665
20 665
Free-cash
3 026
-14 468
17 779
31 951

Estimated living cost  is ₽20665 per week

₽15146
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1145
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽431
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3943
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽53545
₽65020
₽68080
₽63585
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
9 568
-
76 500
-
income
1 913
-
15 300
-
total
1 913
-
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%.

66 932
76 500
-
-
total
-
-
-
-
Dividends
66 932
76 500
-
-
withholding
3 347
3 825
-
-
total
3 347
3 825
-
-
Income
76 500
76 500
76 500
76 500
Total tax
5 260
3 825
15 300
765
After tax
71 240
72 675
61 200
75 735
Living cost
7 655
7 655
7 655
7 655
Free-cash
63 585
65 020
53 545
68 080

Estimated living cost  is ₽7655 per week

₽4744
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽636
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽210
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2064
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽20105
₽31466
₽16684
₽25196
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 635
health
-
-
-
3 367
income
-
-
-
9 716
pensions

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

-
-
-
18 360
total
-
-
-
35 078
Employee
33 709
-
61 102
-
income
5 803
-
10 518
-
pensions

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

2 359
-
4 276
-
health
472
-
856
-
unemployment
337
-
611
-
total
8 971
-
16 261
-
Employer
33 709
-
61 102
-
other
1 686
-
3 055
-
unemployment
337
-
611
-
health
472
-
856
-
accident
270
-
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.

5 731
-
10 386
-
total
8 496
-
15 396
-
Corporate
34 296
76 500
-
-
income
7 202
16 066
-
-
total
7 202
16 066
-
-
Dividends
27 094
60 434
-
-
withholding
1 897
4 230
-
-
total
1 897
4 230
-
-
Income
76 500
76 500
76 500
76 500
Total tax
26 566
20 296
31 657
35 078
After tax
49 934
56 204
44 843
41 422
Living cost
24 738
24 738
24 738
24 738
Free-cash
25 196
31 466
20 105
16 684

Estimated living cost  is ₽24738 per week

₽17479
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1670
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽398
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5190
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽13051
-₽4144
-₽4542
-₽22377
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
14 230
pensions
-
-
-
5 351
total
-
-
-
19 581
Employee
86 959
-
67 617
-
income
15 675
-
12 103
-
health
1 433
-
1 036
-
pensions
8 389
-
6 068
-
total
25 497
-
19 207
-
Employer
86 959
-
67 617
-
health
1 652
-
1 285
-
pensions
10 267
-
7 598
-
total
11 919
-
8 883
-
Corporate
-
76 500
-
-
income

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

-
14 536
-
-
total
-
14 536
-
-
Dividends
-
61 964
-
-
withholding
-
4 647
-
-
total
-
4 647
-
-
Income
76 500
76 500
76 500
76 500
Total tax
37 416
19 183
28 090
19 581
After tax
39 084
57 317
48 410
56 919
Living cost
61 461
61 461
61 461
61 461
Free-cash
-22 377
-4 144
-13 051
-4 542

Estimated living cost  is ₽61461 per week

₽46054
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7221
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽500
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7687
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽24658
₽41600
₽24284
₽33165
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 500
health
-
-
-
7 294
income
-
-
-
11 474
pensions

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

-
-
-
9 387
unemployment
-
-
-
254
total
-
-
-
28 409
Employee
31 523
-
64 057
-
income
3 152
-
6 406
-
accident

We are using the highest rate at 1.1%.

347
-
698
-
pensions

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

2 768
-
5 569
-
health
1 450
-
2 918
-
total
7 717
-
15 591
-
Employer
31 523
-
64 057
-
unemployment
189
-
381
-
health
2 176
-
4 376
-
accident

We are using the highest rate at 1.1%.

347
-
698
-
pensions

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

3 474
-
6 989
-
total
6 186
-
12 444
-
Corporate
38 791
76 500
-
-
income
3 879
7 650
-
-
total
3 879
7 650
-
-
Dividends
34 912
68 850
-
-
withholding
1 746
3 443
-
-
total
1 746
3 443
-
-
Income
76 500
76 500
76 500
76 500
Total tax
19 528
11 093
28 035
28 409
After tax
56 972
65 407
48 465
48 091
Living cost
23 807
23 807
23 807
23 807
Free-cash
33 165
41 600
24 658
24 284

Estimated living cost  is ₽23807 per week

₽13899
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1700
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.
₽7577
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽28279
-₽23067
-₽7965
-₽24642
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 500
health
-
-
-
10 192
income
-
-
-
11 916
pensions
-
-
-
10 877
total
-
-
-
32 985
Employee
86 073
79 280
79 280
-
income

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

12 977
12 977
12 977
-
pensions
10 877
10 877
14 270
-
health
10 738
10 350
12 169
-
total
34 592
34 204
39 416
-
Employer
86 073
79 280
79 280
-
unemployment
3 099
2 854
2 854
-
health
5 981
5 511
5 511
-
pensions
5 990
5 518
5 518
-
total
15 070
13 883
13 883
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
76 500
76 500
76 500
76 500
Total tax
49 662
48 087
53 299
32 985
After tax
26 838
28 413
23 201
43 515
Living cost
51 480
51 480
51 480
51 480
Free-cash
-24 642
-23 067
-28 279
-7 965

Estimated living cost  is ₽51480 per week

₽37975
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4598
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽590
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8317
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽15815
₽29664
₽14254
₽21457
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 500
social contributions
-
-
-
22 338
health
-
-
-
10 327
income
-
-
-
6 575
solidarity contribution
-
-
-
-
total
-
-
-
39 240
Employee
33 832
-
57 090
-
social contributions
2 199
-
3 711
-
solidarity contribution
-
-
-
-
income
4 060
-
6 851
-
health
4 567
-
7 707
-
total
10 826
-
18 269
-
Employer
33 832
-
57 090
-
health
3 045
-
5 138
-
social contributions
8 458
-
14 272
-
total
11 503
-
19 410
-
Corporate
31 166
76 500
-
-
income
5 921
14 535
-
-
total
5 921
14 535
-
-
Dividends
25 244
61 965
-
-
withholding
3 787
9 295
-
-
total
3 787
9 295
-
-
Income
76 500
76 500
76 500
76 500
Total tax
32 037
23 830
37 679
39 240
After tax
44 463
52 670
38 821
37 260
Living cost
23 006
23 006
23 006
23 006
Free-cash
21 457
29 664
15 815
14 254

Estimated living cost  is ₽23006 per week

₽15980
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1637
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.
₽4937
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽2368
₽1642
₽1270
-₽6009
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 500
social contributions
-
-
-
19 676
national
-
-
-
15 109
regional
-
-
-
816
municipal
-
-
-
455
total
-
-
-
36 056
Employee
82 509
-
76 500
-
social contributions
27 822
-
25 796
-
municipal
437
-
405
-
national
14 297
-
12 783
-
regional
779
-
710
-
total
43 335
-
39 694
-
Employer
82 509
-
76 500
-
total
-
-
-
-
Corporate
-
76 500
-
-
nationa
-
18 360
-
-
municipal
-
2 983
-
-
total
-
21 343
-
-
Dividends
-
55 158
-
-
withholding
-
14 341
-
-
total
-
14 341
-
-
Income
76 500
76 500
76 500
76 500
Total tax
43 335
35 684
39 694
36 056
After tax
33 165
40 816
36 806
40 444
Living cost
39 174
39 174
39 174
39 174
Free-cash
-6 009
1 642
-2 368
1 270

Estimated living cost  is ₽39174 per week

₽27308
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2569
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽601
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8696
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽19088
₽27631
₽20548
₽24744
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
-
health
-
-
-
5 432
income
-
-
-
13 157
pensions
-
-
-
15 299
surtax
-
-
-
1 367
unemployment
-
-
-
211
total
-
-
-
35 466
Employee
30 701
-
63 197
-
surtax
100
-
1 198
-
income
5 146
-
12 200
-
other
-
-
-
-
pensions
2 047
-
4 216
-
health
784
-
1 610
-
unemployment
2 137
-
4 399
-
total
10 214
-
23 623
-
Employer
30 701
-
63 197
-
other
-
-
-
-
unemployment
973
-
2 003
-
health
1 397
-
2 875
-
pensions
4 093
-
8 425
-
total
6 463
-
13 303
-
Corporate
39 337
76 500
-
-
income
10 227
19 891
-
-
total
10 227
19 891
-
-
Dividends
29 110
56 609
-
-
withholding
4 366
8 492
-
-
total
4 366
8 492
-
-
Income
76 500
76 500
76 500
76 500
Total tax
31 270
28 383
36 926
35 466
After tax
45 230
48 117
39 574
41 034
Living cost
20 486
20 486
20 486
20 486
Free-cash
24 744
27 631
19 088
20 548

Estimated living cost  is ₽20486 per week

₽12526
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1890
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.
₽5597
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽6421
₽15328
₽14930
₽8097
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
14 230
pensions
-
-
-
5 351
total
-
-
-
19 581
Employee
58 277
-
67 617
-
income
10 496
-
12 103
-
health
846
-
1 036
-
pensions
4 946
-
6 068
-
total
16 288
-
19 207
-
Employer
58 277
-
67 617
-
health
1 107
-
1 285
-
pensions
6 309
-
7 598
-
total
7 416
-
8 883
-
Corporate
10 807
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.

2 054
14 536
-
-
total
2 054
14 536
-
-
Dividends
8 753
61 964
-
-
withholding
656
4 647
-
-
total
656
4 647
-
-
Income
76 500
76 500
76 500
76 500
Total tax
26 414
19 183
28 090
19 581
After tax
50 086
57 317
48 410
56 919
Living cost
41 989
41 989
41 989
41 989
Free-cash
8 097
15 328
6 421
14 930

Estimated living cost  is ₽41989 per week

₽31458
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3147
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.
₽6944
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽13862
-₽39344
-₽9956
-₽18766
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
1 529
health
-
-
-
242
pensions
-
-
-
7 038
city
-
-
-
806
national
-
-
-
316
regional
-
-
-
2 199
total
-
-
-
12 130
Employee
86 980
-
68 471
-
national
412
-
265
-
city
933
-
735
-
pensions
7 307
-
5 750
-
health
197
-
155
-
regional
2 848
-
1 857
-
unemployment
-
-
-
-
total
11 697
-
8 762
-
Employer
86 980
-
68 471
-
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.

1 739
-
1 369
-
unemployment
-
-
-
-
health
197
-
155
-
pensions
7 307
-
5 750
-
total
9 243
-
7 274
-
Corporate
-
76 500
-
-
regional
-
16 180
-
-
national
-
6 502
-
-
total
-
22 682
-
-
Dividends
-
53 818
-
-
withholding
-
18 836
-
-
total
-
18 836
-
-
Income
76 500
76 500
76 500
76 500
Total tax
20 940
41 518
16 036
12 130
After tax
55 560
34 982
60 464
64 370
Living cost
74 326
74 326
74 326
74 326
Free-cash
-18 766
-39 344
-13 862
-9 956

Estimated living cost  is ₽74326 per week

₽48333
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6670
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽912
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18410
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽13610
-₽4588
₽7893
₽10463
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
76 500
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

-
-
-
6 342
income

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

-
-
-
13 287
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.

-
-
-
731
trade
-
-
-
5 717
total
-
-
-
26 077
Employee

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

55 794
-
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.

361
-
731
-
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.

6 561
-
13 287
-
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.

6 342
-
6 342
-
total
13 264
-
20 360
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
20 706
76 500
-
-
chamber of commerce
171
248
-
-
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.

171
631
-
-
trade
3 552
13 120
-
-
income
3 106
11 474
-
-
total
7 000
25 473
-
-
Dividends
13 706
51 026
-
-
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.

169
682
-
-
withholding
3 074
12 403
-
-
total
3 243
13 085
-
-
Income
76 500
76 500
76 500
76 500
Total tax
23 507
38 558
20 360
26 077
After tax
52 993
37 942
56 140
50 423
Living cost
42 530
42 530
42 530
42 530
Free-cash
10 463
-4 588
13 610
7 893

Estimated living cost  is ₽42530 per week

₽31062
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3402
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽553
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7514
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽13165
₽6793
₽12659
₽12274
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 371
social contributions
-
-
-
2 179
health
-
-
-
661
income
-
-
-
4 932
pensions
-
-
-
21 935
surtax
-
-
-
-
total
-
-
-
32 078
Employee
39 733
-
58 294
-
surtax
-
-
-
-
social contributions
1 133
-
1 661
-
income
2 345
-
5 112
-
pensions
4 493
-
6 593
-
total
7 971
-
13 366
-
Employer
39 733
-
58 294
-
other
1 371
-
2 012
-
unemployment
1 609
-
2 361
-
health
2 782
-
4 080
-
pensions
6 527
-
9 579
-
social contributions
120
-
174
-
total
12 409
-
18 206
-
Corporate
24 358
76 500
-
-
surtax
-
-
-
-
income
6 820
21 420
-
-
total
6 820
21 420
-
-
Dividends
17 539
55 080
-
-
social contributions
3 018
9 473
-
-
surtax
-
-
-
-
withholding
2 245
7 051
-
-
total
5 263
16 524
-
-
Income
76 500
76 500
76 500
76 500
Total tax
32 463
37 944
31 572
32 078
After tax
44 037
38 556
44 928
44 422
Living cost
31 763
31 763
31 763
31 763
Free-cash
12 274
6 793
13 165
12 659

Estimated living cost  is ₽31763 per week

₽20028
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2583
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽541
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8613
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽16312
₽9940
₽15806
₽15098
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 371
social contributions
-
-
-
2 179
health
-
-
-
661
income
-
-
-
4 932
pensions
-
-
-
21 935
surtax
-
-
-
-
total
-
-
-
32 078
Employee
35 468
-
58 294
-
surtax
-
-
-
-
social contributions
1 011
-
1 661
-
income
1 829
-
5 112
-
pensions
4 012
-
6 593
-
total
6 852
-
13 366
-
Employer
35 468
-
58 294
-
other
1 224
-
2 012
-
unemployment
1 436
-
2 361
-
health
2 482
-
4 080
-
pensions
5 828
-
9 579
-
social contributions
106
-
174
-
total
11 076
-
18 206
-
Corporate
29 956
76 500
-
-
surtax
-
-
-
-
income
8 388
21 420
-
-
total
8 388
21 420
-
-
Dividends
21 568
55 080
-
-
social contributions
3 709
9 473
-
-
surtax
-
-
-
-
withholding
2 761
7 051
-
-
total
6 470
16 524
-
-
Income
76 500
76 500
76 500
76 500
Total tax
32 786
37 944
31 572
32 078
After tax
43 714
38 556
44 928
44 422
Living cost
28 616
28 616
28 616
28 616
Free-cash
15 098
9 940
16 312
15 806

Estimated living cost  is ₽28616 per week

₽16596
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2907
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽543
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8571
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽30420
₽26985
₽29443
₽27466
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
10 557
health
-
-
-
5 340
income
-
-
-
11 474
total
-
-
-
27 371
Employee
31 478
-
76 500
-
social contributions
4 345
-
10 557
-
income
5 250
-
10 497
-
health
2 197
-
5 340
-
total
11 792
-
26 394
-
Employer
31 478
-
76 500
-
total
-
-
-
-
Corporate
45 022
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%.

2 252
3 825
-
-
total
2 252
3 825
-
-
Dividends
42 771
72 675
-
-
social contributions
5 902
10 030
-
-
withholding
6 416
10 902
-
-
health
2 986
5 072
-
-
total
15 304
26 004
-
-
Income
76 500
76 500
76 500
76 500
Total tax
29 348
29 829
26 394
27 371
After tax
47 152
46 671
50 106
49 129
Living cost
19 686
19 686
19 686
19 686
Free-cash
27 466
26 985
30 420
29 443

Estimated living cost  is ₽19686 per week

₽13175
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1214
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽453
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4843
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽7085
₽10446
₽7834
₽9008
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 500
health
-
-
-
5 853
income
-
-
-
9 764
chamber of commerce
-
-
-
307
pensions
-
-
-
14 152
surtax
-
-
-
183
unemployment
-
-
-
5 694
total
-
-
-
35 953
Employee
46 396
36 997
59 259
-
income
5 282
2 729
8 969
-
other
463
370
592
-
pensions
4 752
3 788
6 068
-
health
1 795
1 432
2 294
-
unemployment
1 392
1 110
1 778
-
total
13 684
9 429
19 701
-
Employer
46 396
36 997
59 259
-
other
2 204
1 756
2 815
-
unemployment
1 392
1 110
1 778
-
health
1 753
1 399
2 239
-
surtax
183
183
183
-
accident
603
481
770
-
pensions
5 823
4 644
7 436
-
payroll
1 392
1 110
1 778
-
chamber of commerce
185
148
238
-
total
13 535
10 831
17 237
-
Corporate
16 570
28 671
55 739
-
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.

4 142
7 167
13 934
-
total
4 142
7 167
13 934
-
Dividends
12 428
21 504
-
-
withholding
3 418
5 914
-
-
total
3 418
5 914
-
-
Income
76 500
76 500
76 500
76 500
Total tax
34 779
33 341
50 872
35 953
After tax
41 721
43 159
25 628
40 547
Living cost
32 713
32 713
32 713
32 713
Free-cash
9 008
10 446
-7 085
7 834

Estimated living cost  is ₽32713 per week

₽21818
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2791
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽537
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7567
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽3048
₽9114
₽3780
-₽9239
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
11 052
communal

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

-
-
-
3 927
national
-
-
-
23 891
total
-
-
-
38 870
Employee

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

66 408
-
59 252
-
national
20 416
-
17 617
-
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.

4 981
-
4 443
-
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.

3 120
-
2 785
-
communal

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

3 464
-
3 090
-
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.

578
-
516
-
total
32 559
-
28 451
-
Employer

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

66 408
-
59 252
-
unemployment

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

969
-
865
-
health

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

4 084
-
3 643
-
surtax
7 530
-
6 719
-
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.

863
-
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.

5 884
-
5 250
-
total
19 330
-
17 247
-
Corporate
-
76 500
-
-
surtax
-
307
-
-
income
-
15 299
-
-
total
-
15 606
-
-
Dividends
-
60 894
-
-
withholding

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

-
17 930
-
-
total
-
17 930
-
-
Income
76 500
76 500
76 500
76 500
Total tax
51 889
33 536
45 698
38 870
After tax
24 611
42 964
30 802
37 630
Living cost
33 850
33 850
33 850
33 850
Free-cash
-9 239
9 114
-3 048
3 780

Estimated living cost  is ₽33850 per week

₽21804
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2960
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.
₽8557
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽7731
₽18054
₽7188
₽10658
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
689
income
-
-
-
12 834
pensions
-
-
-
21 649
unemployment
-
-
-
536
total
-
-
-
35 784
Employee
46 213
-
58 007
-
income
9 751
-
13 065
-
other
46
-
58
-
pensions
2 172
-
2 725
-
unemployment
717
-
899
-
total
12 686
-
16 747
-
Employer
46 213
-
58 007
-
other
368
-
465
-
unemployment
2 542
-
3 191
-
accident
914
-
1 149
-
pensions
10 905
-
13 689
-
total
14 729
-
18 494
-
Corporate
15 557
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.

2 334
11 474
-
-
total
2 334
11 474
-
-
Dividends
13 223
65 026
-
-
withholding
2 565
13 444
-
-
total
2 565
13 444
-
-
Income
76 500
76 500
76 500
76 500
Total tax
32 314
24 918
35 241
35 784
After tax
44 186
51 582
41 259
40 716
Living cost
33 528
33 528
33 528
33 528
Free-cash
10 658
18 054
7 731
7 188

Estimated living cost  is ₽33528 per week

₽24690
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2378
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽483
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5976
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽1132
-₽3186
-₽4967
-₽2205
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 500
health
-
-
-
5 373
accident
-
-
-
645
income
-
-
-
4 904
pensions
-
-
-
11 466
communal
-
-
-
4 834
surtax
-
-
-
3 793
total
-
-
-
31 015
Employee
70 306
-
68 334
-
surtax
4 309
-
4 188
-
income
6 791
-
6 318
-
pensions
5 624
-
5 467
-
health
3 129
-
3 041
-
total
19 853
-
19 014
-
Employer
70 306
-
68 334
-
health
2 144
-
2 084
-
accident
632
-
615
-
pensions
5 624
-
5 467
-
total
8 400
-
8 166
-
Corporate
-
76 500
-
-
surtax
-
803
-
-
income
-
11 474
-
-
communal
-
5 164
-
-
total
-
17 441
-
-
Dividends
-
59 058
-
-
income
-
2 935
-
-
withholding
-
8 858
-
-
total
-
11 793
-
-
Income
76 500
76 500
76 500
76 500
Total tax
28 253
29 234
27 180
31 015
After tax
48 247
47 266
49 320
45 485
Living cost
50 452
50 452
50 452
50 452
Free-cash
-2 205
-3 186
-1 132
-4 967

Estimated living cost  is ₽50452 per week

₽37847
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3057
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽534
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9013
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽18721
₽27264
₽20181
₽24314
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
-
health
-
-
-
5 432
income
-
-
-
13 157
pensions
-
-
-
15 299
surtax
-
-
-
1 367
unemployment
-
-
-
211
total
-
-
-
35 466
Employee
31 265
-
63 197
-
surtax
111
-
1 198
-
income
5 241
-
12 200
-
other
-
-
-
-
pensions
2 086
-
4 216
-
health
798
-
1 610
-
unemployment
2 176
-
4 399
-
total
10 412
-
23 623
-
Employer
31 265
-
63 197
-
other
-
-
-
-
unemployment
992
-
2 003
-
health
1 422
-
2 875
-
pensions
4 168
-
8 425
-
total
6 582
-
13 303
-
Corporate
38 653
76 500
-
-
income
10 049
19 891
-
-
total
10 049
19 891
-
-
Dividends
28 604
56 609
-
-
withholding
4 290
8 492
-
-
total
4 290
8 492
-
-
Income
76 500
76 500
76 500
76 500
Total tax
31 333
28 383
36 926
35 466
After tax
45 167
48 117
39 574
41 034
Living cost
20 853
20 853
20 853
20 853
Free-cash
24 314
27 264
18 721
20 181

Estimated living cost  is ₽20853 per week

₽12590
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1813
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽484
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5967
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽11477
₽15201
₽15098
₽13139
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 500
social contributions
-
-
-
19 676
national
-
-
-
15 109
regional
-
-
-
1 153
municipal
-
-
-
455
total
-
-
-
36 393
Employee
51 499
-
76 500
-
social contributions
17 366
-
25 796
-
municipal
273
-
405
-
national
8 159
-
12 783
-
regional
693
-
1 030
-
total
26 491
-
40 014
-
Employer
51 499
-
76 500
-
total
-
-
-
-
Corporate
25 001
76 500
-
-
nationa
6 001
18 360
-
-
municipal
1 242
3 802
-
-
total
7 243
22 162
-
-
Dividends
17 759
54 339
-
-
withholding
4 618
14 128
-
-
total
4 618
14 128
-
-
Income
76 500
76 500
76 500
76 500
Total tax
38 352
36 290
40 014
36 393
After tax
38 148
40 210
36 486
40 107
Living cost
25 009
25 009
25 009
25 009
Free-cash
13 139
15 201
11 477
15 098

Estimated living cost  is ₽25009 per week

₽15553
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2533
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽428
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6494
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽10472
₽24321
₽8911
₽14208
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 500
social contributions
-
-
-
22 338
health
-
-
-
10 327
income
-
-
-
6 575
solidarity contribution
-
-
-
-
total
-
-
-
39 240
Employee
41 689
-
57 090
-
social contributions
2 710
-
3 711
-
solidarity contribution
-
-
-
-
income
5 003
-
6 851
-
health
5 628
-
7 707
-
total
13 341
-
18 269
-
Employer
41 689
-
57 090
-
health
3 752
-
5 138
-
social contributions
10 422
-
14 272
-
total
14 174
-
19 410
-
Corporate
20 636
76 500
-
-
income
3 921
14 535
-
-
total
3 921
14 535
-
-
Dividends
16 715
61 965
-
-
withholding
2 507
9 295
-
-
total
2 507
9 295
-
-
Income
76 500
76 500
76 500
76 500
Total tax
33 943
23 830
37 679
39 240
After tax
42 557
52 670
38 821
37 260
Living cost
28 349
28 349
28 349
28 349
Free-cash
14 208
24 321
10 472
8 911

Estimated living cost  is ₽28349 per week

₽21082
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1570
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽490
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5206
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽3948
₽13640
₽11111
₽13181
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 500
health
-
-
-
5 853
income
-
-
-
9 764
chamber of commerce
-
-
-
307
pensions
-
-
-
14 152
surtax
-
-
-
-
unemployment
-
-
-
5 694
total
-
-
-
35 770
Employee
40 582
36 997
59 400
-
income
3 615
2 729
9 008
-
other
405
370
594
-
pensions
4 156
3 788
6 083
-
health
1 570
1 432
2 299
-
unemployment
1 217
1 110
1 781
-
total
10 963
9 429
19 765
-
Employer
40 582
36 997
59 400
-
other
1 927
1 756
2 822
-
unemployment
1 217
1 110
1 781
-
health
1 535
1 399
2 245
-
surtax
-
-
-
-
accident
527
481
772
-
pensions
5 093
4 644
7 454
-
payroll
1 217
1 110
1 781
-
chamber of commerce
162
148
238
-
total
11 678
10 648
17 093
-
Corporate
24 239
28 854
55 884
-
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.

6 061
7 213
13 971
-
total
6 061
7 213
13 971
-
Dividends
18 178
21 642
-
-
withholding
4 998
5 951
-
-
total
4 998
5 951
-
-
Income
76 500
76 500
76 500
76 500
Total tax
33 700
33 241
50 829
35 770
After tax
42 800
43 259
25 671
40 730
Living cost
29 619
29 619
29 619
29 619
Free-cash
13 181
13 640
-3 948
11 111

Estimated living cost  is ₽29619 per week

₽17768
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3025
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽529
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8298
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽49272
₽60747
₽63807
₽58510
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
14 911
-
76 500
-
income
2 982
-
15 300
-
total
2 982
-
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%.

61 589
76 500
-
-
total
-
-
-
-
Dividends
61 589
76 500
-
-
withholding
3 080
3 825
-
-
total
3 080
3 825
-
-
Income
76 500
76 500
76 500
76 500
Total tax
6 062
3 825
15 300
765
After tax
70 438
72 675
61 200
75 735
Living cost
11 928
11 928
11 928
11 928
Free-cash
58 510
60 747
49 272
63 807

Estimated living cost  is ₽11928 per week

₽8072
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽501
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽400
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2955
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽13199
₽27769
₽15395
₽20003
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

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

-
-
-
76 500
health
-
-
-
7 528
income
-
-
-
14 590
pensions
-
-
-
13 971
unemployment
-
-
-
115
total
-
-
-
36 204
Employee

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

41 053
-
66 192
-
income
7 080
-
13 461
-
pensions
6 364
-
10 259
-
health
2 651
-
4 278
-
unemployment
58
-
93
-
total
16 153
-
28 091
-
Employer

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

41 053
-
66 192
-
unemployment
25
-
41
-
health
2 734
-
4 410
-
pensions
3 633
-
5 858
-
total
6 392
-
10 309
-
Corporate
29 055
76 500
-
-
income
5 520
14 535
-
-
total
5 520
14 535
-
-
Dividends
23 535
61 965
-
-
withholding
3 531
9 295
-
-
total
3 531
9 295
-
-
Income
76 500
76 500
76 500
76 500
Total tax
31 596
23 830
38 400
36 204
After tax
44 904
52 670
38 100
40 296
Living cost
24 901
24 901
24 901
24 901
Free-cash
20 003
27 769
13 199
15 395

Estimated living cost  is ₽24901 per week

₽17089
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1596
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽483
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5735
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽21427
₽4338
₽10663
-₽69343
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
60 516
-
-
-
social contributions
4 962
-
707
-
income
13 349
-
-
-
total
18 311
-
707
-
Employer
60 516
-
-
-
social contributions
85 327
-
12 161
-
total
85 327
-
12 161
-
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
103 638
29 957
12 868
23 632
After tax
-27 138
46 543
63 632
52 868
Living cost
42 205
42 205
42 205
42 205
Free-cash
-69 343
4 338
21 427
10 663

Estimated living cost  is ₽42205 per week

₽27384
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3969
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽538
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10313
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽10843
₽14392
₽14118
₽13459
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

Based on articles 30.º, 31.º and 151.º of CIRS, sole-trader can use 75% of income as a tax base when earnings are below €200,000 per annum.

-
-
-
76 500
social contributions

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

-
-
-
26 584
income
-
-
-
6 678
surtax
-
-
-
-
total
-
-
-
33 262
Employee
42 698
-
61 817
-
surtax
-
-
-
-
social contributions
4 697
-
6 800
-
income
8 881
-
15 056
-
total
13 578
-
21 856
-
Employer
42 698
-
61 817
-
social contributions
10 141
-
14 681
-
total
10 141
-
14 681
-
Corporate
23 661
76 500
-
-
surtax
-
-
-
-
income
4 968
16 066
-
-
total
4 968
16 066
-
-
Dividends
18 693
60 434
-
-
withholding
5 234
16 922
-
-
total
5 234
16 922
-
-
Income
76 500
76 500
76 500
76 500
Total tax
33 921
32 988
36 537
33 262
After tax
42 579
43 512
39 963
43 238
Living cost
29 120
29 120
29 120
29 120
Free-cash
13 459
14 392
10 843
14 118

Estimated living cost  is ₽29120 per week

₽21788
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1718
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5129
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽88
-₽6284
-₽418
₽97
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 371
social contributions
-
-
-
2 179
health
-
-
-
661
income
-
-
-
4 932
pensions
-
-
-
21 935
surtax
-
-
-
-
total
-
-
-
32 078
Employee
58 146
-
58 294
-
surtax
-
-
-
-
social contributions
1 656
-
1 661
-
income
5 073
-
5 112
-
pensions
6 577
-
6 593
-
total
13 306
-
13 366
-
Employer
58 146
-
58 294
-
other
2 007
-
2 012
-
unemployment
2 356
-
2 361
-
health
4 070
-
4 080
-
pensions
9 554
-
9 579
-
social contributions
174
-
174
-
total
18 161
-
18 206
-
Corporate
193
76 500
-
-
surtax
-
-
-
-
income
55
21 420
-
-
total
55
21 420
-
-
Dividends
138
55 080
-
-
social contributions
23
9 473
-
-
surtax
-
-
-
-
withholding
18
7 051
-
-
total
41
16 524
-
-
Income
76 500
76 500
76 500
76 500
Total tax
31 563
37 944
31 572
32 078
After tax
44 937
38 556
44 928
44 422
Living cost
44 840
44 840
44 840
44 840
Free-cash
97
-6 284
88
-418

Estimated living cost  is ₽44840 per week

₽30347
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3668
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽615
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10210
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽33040
₽40943
₽30894
₽37825
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
869
social contributions
-
-
-
16 830
total
-
-
-
17 699
Employee
29 847
-
66 232
-
income
-
-
981
-
social contributions
1 940
-
4 306
-
total
1 940
-
5 287
-
Employer
29 847
-
66 232
-
social contributions
4 626
-
10 266
-
total
4 626
-
10 266
-
Corporate
42 027
76 500
-
-
income
4 202
7 650
-
-
total
4 202
7 650
-
-
Dividends
37 825
68 850
-
-
total
-
-
-
-
Income
76 500
76 500
76 500
76 500
Total tax
10 768
7 650
15 553
17 699
After tax
65 732
68 850
60 947
58 801
Living cost
27 907
27 907
27 907
27 907
Free-cash
37 825
40 943
33 040
30 894

Estimated living cost  is ₽27907 per week

₽18044
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2104
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7234
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽125469
-₽125469
₽3515
-₽125469
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 500
labour market
-
-
-
6 056
pensions
-
-
-
804
national
-
-
-
7 866
municipal
-
-
-
13 615
total
-
-
-
28 341
Employee
188 431
188 431
188 431
-
labour market
15 053
15 053
15 053
-
municipal
40 125
40 125
40 125
-
national
23 020
23 020
23 020
-
pensions
268
268
268
-
total
78 466
78 466
78 466
-
Employer
188 431
188 431
188 431
-
national
23 060
23 060
23 060
-
labour market
15 074
15 074
15 074
-
pensions
536
536
536
-
municipal
40 189
40 189
40 189
-
total
78 859
78 859
78 859
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
76 500
76 500
76 500
76 500
Total tax
157 325
157 325
157 325
28 341
After tax
-80 825
-80 825
-80 825
48 159
Living cost
44 644
44 644
44 644
44 644
Free-cash
-125 469
-125 469
-125 469
3 515

Estimated living cost  is ₽44644 per week

₽30555
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3949
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽687
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9453
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽18084
-₽14163
₽32256
₽3072
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
348
health
-
-
-
2 049
accident
-
-
-
237
income
-
-
-
17 342
pensions
-
-
-
3 908
total
-
-
-
23 884
Employee
32 028
-
63 549
-
income
4 394
-
10 673
-
pensions
3 607
-
7 156
-
health
3 667
-
7 276
-
total
11 668
-
25 105
-
Employer
32 028
-
63 549
-
unemployment
785
-
1 557
-
accident
535
-
1 061
-
pensions
5 208
-
10 333
-
total
6 528
-
12 951
-
Corporate
37 945
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.

34 151
68 850
-
-
total
34 151
68 850
-
-
Dividends
3 795
7 650
-
-
withholding
721
1 453
-
-
total
721
1 453
-
-
Income
76 500
76 500
76 500
76 500
Total tax
53 068
70 303
38 056
23 884
After tax
23 432
6 197
38 444
52 616
Living cost
20 360
20 360
20 360
20 360
Free-cash
3 072
-14 163
18 084
32 256

Estimated living cost  is ₽20360 per week

₽14820
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1161
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽382
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3997
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽9291
₽16402
₽20472
₽12763
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
76 500
health
-
-
-
791
national
-
-
-
5 967
municipal
-
-
-
13 627
total
-
-
-
20 385
Employee
48 844
-
64 356
-
municipal
8 000
-
10 520
-
national
807
-
2 988
-
pensions
3 296
-
4 345
-
health
365
-
604
-
unemployment
733
-
965
-
total
13 201
-
19 422
-
Employer
48 844
-
64 356
-
unemployment
317
-
418
-
health
375
-
495
-
accident
49
-
65
-
pensions
8 474
-
11 166
-
total
9 215
-
12 144
-
Corporate
18 440
76 500
-
-
income
3 687
15 299
-
-
total
3 687
15 299
-
-
Dividends

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

11 064
45 901
-
-
national
-
893
-
-
municipal
1 991
8 263
-
-
total
1 991
9 156
-
-
Income
76 500
76 500
76 500
76 500
Total tax
28 094
24 455
31 566
20 385
After tax
48 406
52 045
44 934
56 115
Living cost
35 643
35 643
35 643
35 643
Free-cash
12 763
16 402
9 291
20 472

Estimated living cost  is ₽35643 per week

₽23282
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3428
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽567
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8367
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽34344
₽34012
₽34805
₽29543
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 500
social contributions
-
-
-
11 934
health
-
-
-
1 950
income
-
-
-
6 316
total
-
-
-
20 200
Employee
71 388
71 388
71 388
-
social contributions
2 699
5 925
5 765
-
income
7 773
6 608
6 667
-
health
553
1 214
1 180
-
total
11 025
13 747
13 612
-
Employer
71 388
71 388
71 388
-
health
601
1 321
1 284
-
social contributions
2 699
5 925
5 765
-
total
3 300
7 246
7 049
-
Corporate
40 680
-
-
-
income
5 085
-
-
-
total
5 085
-
-
-
Dividends
35 596
-
-
-
withholding
6 052
-
-
-
total
6 052
-
-
-
Income
76 500
76 500
76 500
76 500
Total tax
25 462
20 993
20 661
20 200
After tax
51 038
55 507
55 839
56 300
Living cost
21 495
21 495
21 495
21 495
Free-cash
29 543
34 012
34 344
34 805

Estimated living cost  is ₽21495 per week

₽12882
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2109
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.
₽6029
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽32501
₽48610
₽45404
₽43886
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

  • up to €9,000.00, 60% of the average monthly wage in Montenegro
  • up to €15,000.00, 100% of the average monthly wage in Montenegro
  • in excess of €15,000, 150% of the average monthly wage in Montenegro
-
-
-
76 500
health
-
-
-
3 360
income
-
-
-
7 065
pensions
-
-
-
5 905
unemployment
-
-
-
26
total
-
-
-
16 356
Employee

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

21 310
-
69 356
-
income
1 457
-
5 470
-
pensions
3 196
-
10 403
-
health
1 811
-
5 895
-
unemployment
106
-
347
-
total
6 570
-
22 115
-
Employer

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

21 310
-
69 356
-
unemployment
106
-
347
-
health
916
-
2 983
-
pensions
1 172
-
3 814
-
total
2 194
-
7 144
-
Corporate
52 997
76 500
-
-
income
4 769
6 885
-
-
total
4 769
6 885
-
-
Dividends
48 228
69 615
-
-
withholding
4 341
6 265
-
-
total
4 341
6 265
-
-
Income
76 500
76 500
76 500
76 500
Total tax
17 874
13 150
29 259
16 356
After tax
58 626
63 350
47 241
60 144
Living cost
14 740
14 740
14 740
14 740
Free-cash
43 886
48 610
32 501
45 404

Estimated living cost  is ₽14740 per week

₽9404
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1062
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.
₽3834
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽15730
₽26053
₽15187
₽21181
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
689
income
-
-
-
12 834
pensions
-
-
-
21 649
unemployment
-
-
-
536
total
-
-
-
35 784
Employee
34 328
-
58 007
-
income
6 618
-
13 065
-
other
33
-
58
-
pensions
1 614
-
2 725
-
unemployment
532
-
899
-
total
8 797
-
16 747
-
Employer
34 328
-
58 007
-
other
275
-
465
-
unemployment
1 889
-
3 191
-
accident
680
-
1 149
-
pensions
8 101
-
13 689
-
total
10 945
-
18 494
-
Corporate
31 228
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.

4 685
11 474
-
-
total
4 685
11 474
-
-
Dividends
26 543
65 026
-
-
withholding
5 363
13 444
-
-
total
5 363
13 444
-
-
Income
76 500
76 500
76 500
76 500
Total tax
29 790
24 918
35 241
35 784
After tax
46 710
51 582
41 259
40 716
Living cost
25 529
25 529
25 529
25 529
Free-cash
21 181
26 053
15 730
15 187

Estimated living cost  is ₽25529 per week

₽17232
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2454
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽447
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5396
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽46906
₽46037
₽47027
₽45758
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 500
health
-
-
-
899
income
-
-
-
25 635
pensions
-
-
-
1 240
total
-
-
-
27 774
Employee
2 588
-
75 105
-
income
501
-
25 570
-
pensions
233
-
558
-
health
129
-
310
-
unemployment
26
-
62
-
total
889
-
26 500
-
Employer
2 588
-
75 105
-
unemployment
52
-
124
-
health
246
-
589
-
pensions
285
-
682
-
total
583
-
1 395
-
Corporate
73 329
76 500
-
-
income
16 132
16 830
-
-
total
16 132
16 830
-
-
Dividends
57 197
59 670
-
-
withholding
11 439
11 934
-
-
total
11 439
11 934
-
-
Income
76 500
76 500
76 500
76 500
Total tax
29 043
28 764
27 895
27 774
After tax
47 457
47 736
48 605
48 726
Living cost
1 699
1 699
1 699
1 699
Free-cash
45 758
46 037
46 906
47 027

Estimated living cost  is ₽1699 per week

₽1010
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽138
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽39
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽513
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽23371
₽39242
₽22485
₽34683
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

-
-
-
76 500
health
-
-
-
7 055
income
-
-
-
12 094
pensions
-
-
-
17 810
unemployment
-
-
-
1 027
total
-
-
-
37 986
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.

24 171
-
64 885
-
income
3 332
-
12 572
-
pensions
3 384
-
9 084
-
health
1 245
-
3 342
-
unemployment
181
-
487
-
total
8 142
-
25 485
-
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.

24 171
-
64 885
-
unemployment
181
-
487
-
health
1 245
-
3 342
-
pensions
2 900
-
7 786
-
total
4 326
-
11 615
-
Corporate
48 003
76 500
-
-
income
7 200
11 475
-
-
total
7 200
11 475
-
-
Dividends
40 802
65 025
-
-
withholding
6 120
9 754
-
-
total
6 120
9 754
-
-
Income
76 500
76 500
76 500
76 500
Total tax
25 788
21 229
37 100
37 986
After tax
50 712
55 271
39 400
38 514
Living cost
16 029
16 029
16 029
16 029
Free-cash
34 683
39 242
23 371
22 485

Estimated living cost  is ₽16029 per week

₽10792
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1240
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽464
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3533
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽14934
₽18483
₽18209
₽18149
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

Based on articles 30.º, 31.º and 151.º of CIRS, sole-trader can use 75% of income as a tax base when earnings are below €200,000 per annum.

-
-
-
76 500
social contributions

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

-
-
-
26 584
income
-
-
-
6 678
surtax
-
-
-
-
total
-
-
-
33 262
Employee
36 033
-
61 817
-
surtax
-
-
-
-
social contributions
3 964
-
6 800
-
income
7 041
-
15 056
-
total
11 005
-
21 856
-
Employer
36 033
-
61 817
-
social contributions
8 557
-
14 681
-
total
8 557
-
14 681
-
Corporate
31 910
76 500
-
-
surtax
-
-
-
-
income
6 702
16 066
-
-
total
6 702
16 066
-
-
Dividends
25 209
60 434
-
-
withholding
7 058
16 922
-
-
total
7 058
16 922
-
-
Income
76 500
76 500
76 500
76 500
Total tax
33 322
32 988
36 537
33 262
After tax
43 178
43 512
39 963
43 238
Living cost
25 029
25 029
25 029
25 029
Free-cash
18 149
18 483
14 934
18 209

Estimated living cost  is ₽25029 per week

₽17727
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1739
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽444
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5120
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽8631
₽18954
₽8088
₽11873
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
689
income
-
-
-
12 834
pensions
-
-
-
21 649
unemployment
-
-
-
536
total
-
-
-
35 784
Employee
44 837
-
58 007
-
income
9 365
-
13 065
-
other
44
-
58
-
pensions
2 107
-
2 725
-
unemployment
694
-
899
-
total
12 210
-
16 747
-
Employer
44 837
-
58 007
-
other
359
-
465
-
unemployment
2 466
-
3 191
-
accident
888
-
1 149
-
pensions
10 581
-
13 689
-
total
14 294
-
18 494
-
Corporate
17 368
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.

2 606
11 474
-
-
total
2 606
11 474
-
-
Dividends
14 763
65 026
-
-
withholding
2 889
13 444
-
-
total
2 889
13 444
-
-
Income
76 500
76 500
76 500
76 500
Total tax
31 999
24 918
35 241
35 784
After tax
44 501
51 582
41 259
40 716
Living cost
32 628
32 628
32 628
32 628
Free-cash
11 873
18 954
8 631
8 088

Estimated living cost  is ₽32628 per week

₽23432
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2537
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽460
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6200
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽17230
₽34172
₽16856
₽23105
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 500
health
-
-
-
7 294
income
-
-
-
11 474
pensions

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

-
-
-
9 387
unemployment
-
-
-
254
total
-
-
-
28 409
Employee
41 360
-
64 057
-
income
4 137
-
6 406
-
accident

We are using the highest rate at 1.1%.

455
-
698
-
pensions

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

3 631
-
5 569
-
health
1 903
-
2 918
-
total
10 126
-
15 591
-
Employer
41 360
-
64 057
-
unemployment
248
-
381
-
health
2 854
-
4 376
-
accident

We are using the highest rate at 1.1%.

455
-
698
-
pensions

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

4 558
-
6 989
-
total
8 115
-
12 444
-
Corporate
27 025
76 500
-
-
income
2 703
7 650
-
-
total
2 703
7 650
-
-
Dividends
24 323
68 850
-
-
withholding
1 216
3 443
-
-
total
1 216
3 443
-
-
Income
76 500
76 500
76 500
76 500
Total tax
22 160
11 093
28 035
28 409
After tax
54 340
65 407
48 465
48 091
Living cost
31 235
31 235
31 235
31 235
Free-cash
23 105
34 172
17 230
16 856

Estimated living cost  is ₽31235 per week

₽20659
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1788
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽745
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8044
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽20298
₽3670
₽15515
₽15817
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
76 500
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

-
-
-
6 342
income

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

-
-
-
13 287
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.

-
-
-
731
trade
-
-
-
4 783
total
-
-
-
25 143
Employee

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

46 193
-
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.

210
-
731
-
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.

3 798
-
13 287
-
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.

6 342
-
6 342
-
total
10 350
-
20 360
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
30 307
76 500
-
-
chamber of commerce
185
254
-
-
surtax

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

250
631
-
-
trade
4 350
10 978
-
-
income
4 545
11 474
-
-
total
9 330
23 337
-
-
Dividends
20 977
53 163
-
-
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.

270
712
-
-
withholding
4 891
12 939
-
-
total
5 161
13 651
-
-
Income
76 500
76 500
76 500
76 500
Total tax
24 841
36 988
20 360
25 143
After tax
51 659
39 512
56 140
51 357
Living cost
35 842
35 842
35 842
35 842
Free-cash
15 817
3 670
20 298
15 515

Estimated living cost  is ₽35842 per week

₽24725
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3857
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽520
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6741
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽1900
₽664
₽1900
₽2717
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
15 255
social contributions
-
-
-
6 460
total
-
-
-
21 715
Employee
72 620
-
76 500
-
income
13 703
-
15 255
-
social contributions
6 033
-
6 460
-
total
19 736
-
21 715
-
Employer
72 620
-
76 500
-
total
-
-
-
-
Corporate
3 880
76 500
-
-
income
484
9 563
-
-
total
484
9 563
-
-
Dividends
3 395
66 937
-
-
withholding
678
13 388
-
-
total
678
13 388
-
-
Income
76 500
76 500
76 500
76 500
Total tax
20 898
22 951
21 715
21 715
After tax
55 602
53 549
54 785
54 785
Living cost
52 885
52 885
52 885
52 885
Free-cash
2 717
664
1 900
1 900

Estimated living cost  is ₽52885 per week

₽40234
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4309
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽506
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7836
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽22228
₽11118
₽10688
₽16378
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We use The Residence Programme or The Global Residence Programme.

-
-
-
76 500
income
-
-
-
26 427
health

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

-
-
-
5 684
total
-
-
-
32 111
Employee
42 589
-
72 229
-
income
4 621
-
12 029
-
social contributions
4 267
-
4 271
-
total
8 888
-
16 300
-
Employer
42 589
-
72 229
-
social contributions
4 267
-
4 271
-
total
4 267
-
4 271
-
Corporate
29 644
76 500
-
-
income
10 375
26 776
-
-
total
10 375
26 776
-
-
Dividends
19 269
49 724
-
-
social contributions
2 891
4 905
-
-
total
2 891
4 905
-
-
Income
76 500
76 500
76 500
76 500
Total tax
26 421
31 681
20 571
32 111
After tax
50 079
44 819
55 929
44 389
Living cost
33 701
33 701
33 701
33 701
Free-cash
16 378
11 118
22 228
10 688

Estimated living cost  is ₽33701 per week

₽22198
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2657
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽516
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8328
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽14274
₽23181
₽22783
₽17996
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
14 230
pensions
-
-
-
5 351
total
-
-
-
19 581
Employee
46 856
-
67 617
-
income
8 533
-
12 103
-
health
611
-
1 036
-
pensions
3 576
-
6 068
-
total
12 720
-
19 207
-
Employer
46 856
-
67 617
-
health
891
-
1 285
-
pensions
4 734
-
7 598
-
total
5 625
-
8 883
-
Corporate
24 020
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.

4 564
14 536
-
-
total
4 564
14 536
-
-
Dividends
19 456
61 964
-
-
withholding
1 459
4 647
-
-
total
1 459
4 647
-
-
Income
76 500
76 500
76 500
76 500
Total tax
24 368
19 183
28 090
19 581
After tax
52 132
57 317
48 410
56 919
Living cost
34 136
34 136
34 136
34 136
Free-cash
17 996
23 181
14 274
22 783

Estimated living cost  is ₽34136 per week

₽23417
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3139
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽427
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7151
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽16068
-₽16179
₽30240
₽2764
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
348
health
-
-
-
2 049
accident
-
-
-
237
income
-
-
-
17 342
pensions
-
-
-
3 908
total
-
-
-
23 884
Employee
35 198
-
63 549
-
income
4 829
-
10 673
-
pensions
3 963
-
7 156
-
health
4 030
-
7 276
-
total
12 822
-
25 105
-
Employer
35 198
-
63 549
-
unemployment
862
-
1 557
-
accident
588
-
1 061
-
pensions
5 723
-
10 333
-
total
7 173
-
12 951
-
Corporate
34 129
76 500
-
-
income

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

30 716
68 850
-
-
total
30 716
68 850
-
-
Dividends
3 413
7 650
-
-
withholding
649
1 453
-
-
total
649
1 453
-
-
Income
76 500
76 500
76 500
76 500
Total tax
51 360
70 303
38 056
23 884
After tax
25 140
6 197
38 444
52 616
Living cost
22 376
22 376
22 376
22 376
Free-cash
2 764
-16 179
16 068
30 240

Estimated living cost  is ₽22376 per week

₽16421
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1304
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽451
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4200
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

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
₽32289
₽52502
₽31639
₽47994
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
76 500
income
-
-
-
11 300
health insurance
-
-
-
5 661
work injury
-
-
-
383
pensions
-
-
-
14 076
unemployment
-
-
-
918
total
-
-
-
32 338
Employee

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

20 037
-
76 500
-
income
2 004
-
11 300
-
work injury
100
-
371
-
health insurance
1 483
-
5 486
-
pensions
3 687
-
13 641
-
unemployment
240
-
890
-
total
7 514
-
31 688
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
56 463
76 500
-
-
income

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

-
-
-
-
total
-
-
-
-
Dividends
56 463
76 500
-
-
withholding
8 469
11 475
-
-
total
8 469
11 475
-
-
Income
76 500
76 500
76 500
76 500
Total tax
15 983
11 475
31 688
32 338
After tax
60 517
65 025
44 812
44 162
Living cost
12 523
12 523
12 523
12 523
Free-cash
47 994
52 502
32 289
31 639

Estimated living cost  is ₽12523 per week

₽7758
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽910
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽391
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3464
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽657
₽3310
₽2842
-₽1732
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 500
social contributions
-
-
-
19 676
national
-
-
-
15 109
regional
-
-
-
1 377
municipal
-
-
-
511
total
-
-
-
36 673
Employee
78 231
-
76 500
-
social contributions
26 379
-
25 796
-
municipal
467
-
456
-
national
13 220
-
12 783
-
regional
1 181
-
1 137
-
total
41 247
-
40 172
-
Employer
78 231
-
76 500
-
total
-
-
-
-
Corporate
-
76 500
-
-
nationa
-
18 360
-
-
municipal
-
3 687
-
-
total
-
22 047
-
-
Dividends
-
54 453
-
-
withholding
-
14 158
-
-
total
-
14 158
-
-
Income
76 500
76 500
76 500
76 500
Total tax
41 247
36 205
40 172
36 673
After tax
35 253
40 295
36 328
39 827
Living cost
36 985
36 985
36 985
36 985
Free-cash
-1 732
3 310
-657
2 842

Estimated living cost  is ₽36985 per week

₽25979
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2544
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽558
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7902
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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