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
₽10150
₽27686
₽22548
₽20586
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
76 500
income

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

-
-
-
13 066
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.

-
-
-
718
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.

-
-
-
6 447
trade
-
-
-
5 138
total
-
-
-
25 369
Employee

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

36 093
-
76 500
-
surtax

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

56
-
718
-
income

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

1 008
-
13 066
-
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.

6 447
-
6 447
-
total
7 511
-
20 231
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
40 407
76 500
-
-
income
6 062
11 475
-
-
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.

333
630
-
-
chamber of commerce
201
253
-
-
trade
6 364
12 048
-
-
total
12 960
24 406
-
-
Dividends
27 447
52 093
-
-
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.

358
697
-
-
withholding
6 502
12 664
-
-
total
6 860
13 361
-
-
Income
76 500
76 500
76 500
76 500
Total tax
27 331
37 767
20 231
25 369
After tax
49 169
38 733
56 269
51 131
Living cost
28 583
28 583
28 583
28 583
Free-cash
20 586
10 150
27 686
22 548

Estimated living cost  is ₽28583 per week

₽17980
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3333
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.
₽6737
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽2382
-₽2624
-₽3224
-₽8242
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 500
social contributions
-
-
-
822
municipal
-
-
-
7 689
national
-
-
-
11 915
pensions
-
-
-
9 180
total
-
-
-
29 606
Employee
77 691
-
66 134
-
municipal
9 596
-
7 985
-
pensions
3 108
-
2 645
-
national
14 870
-
12 374
-
total
27 574
-
23 004
-
Employer
77 691
-
66 134
-
pensions
6 215
-
5 291
-
social contributions
835
-
711
-
total
7 050
-
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
34 624
28 764
29 006
29 606
After tax
41 876
47 736
47 494
46 894
Living cost
50 118
50 118
50 118
50 118
Free-cash
-8 242
-2 382
-2 624
-3 224

Estimated living cost  is ₽50118 per week

₽34064
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4659
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽750
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10644
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽41568
₽23690
₽21409
₽33827
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

As of 1 January, 2018 a microenterprise tax rate for microenterprise turnover of up to €40,000 is 15%. This tax is inclusive of all other taxes and contributions.

Microenterprise tax could also be applied to a company but as the only exception is a limitation of liability, we advise to register as a sole-trader.

-
-
-
76 500
income
-
-
-
10 864
surtax
-
-
-
-
social contributions

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

-
-
-
24 595
microenterprise
-
-
-
-
total
-
-
-
35 459
Employee
27 574
-
61 649
-
surtax
-
-
-
-
social contributions

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

3 034
-
6 782
-
income
4 909
-
11 545
-
total
7 943
-
18 327
-
Employer
27 574
-
61 649
-
social contributions

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

6 642
-
14 851
-
surtax
-
-
-
-
total
6 642
-
14 851
-
Corporate
42 284
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%.

8 456
15 300
-
-
total
8 456
15 300
-
-
Dividends

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

33 827
61 200
-
-
total
-
-
-
-
Income
76 500
76 500
76 500
76 500
Total tax
23 041
15 300
33 178
35 459
After tax
53 459
61 200
43 322
41 041
Living cost
19 632
19 632
19 632
19 632
Free-cash
33 827
41 568
23 690
21 409

Estimated living cost  is ₽19632 per week

₽12525
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1870
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽446
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4792
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽11912
-₽17209
₽3990
-₽17209
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 500
income
-
-
-
11 634
health
-
-
-
10 288
pensions
-
-
-
11 056
total
-
-
-
32 978
Employee
80 585
80 585
80 585
-
pensions
14 505
11 056
14 505
-
income

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

13 191
13 191
13 191
-
health
12 369
10 521
12 369
-
total
40 065
34 768
40 065
-
Employer
80 585
80 585
80 585
-
health
5 602
5 602
5 602
-
pensions
5 609
5 609
5 609
-
unemployment
2 901
2 901
2 901
-
total
14 112
14 112
14 112
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
76 500
76 500
76 500
76 500
Total tax
54 177
48 880
54 177
32 978
After tax
22 323
27 620
22 323
43 522
Living cost
39 532
39 532
39 532
39 532
Free-cash
-17 209
-11 912
-17 209
3 990

Estimated living cost  is ₽39532 per week

₽28015
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3564
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽629
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7324
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽3946
₽3030
₽310
₽3096
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 500
accident
-
-
-
153
other
-
-
-
8 889
unemployment
-
-
-
77
health
-
-
-
4 774
municipal
-
-
-
16 204
national
-
-
-
-
pensions
-
-
-
8 270
total
-
-
-
38 367
Employee
53 895
-
58 210
-
municipal
16 071
-
17 358
-
national
-
-
-
-
total
16 071
-
17 358
-
Employer
53 895
-
58 210
-
health
3 315
-
3 580
-
pensions
5 826
-
6 292
-
accident
108
-
116
-
unemployment
1 423
-
1 537
-
other
6 263
-
6 764
-
total
16 935
-
18 289
-
Corporate
5 671
76 500
-
-
income
1 248
16 830
-
-
total
1 248
16 830
-
-
Dividends
4 424
59 670
-
-
withholding
1 327
17 901
-
-
total
1 327
17 901
-
-
Income
76 500
76 500
76 500
76 500
Total tax
35 581
34 731
35 647
38 367
After tax
40 919
41 769
40 853
38 133
Living cost
37 823
37 823
37 823
37 823
Free-cash
3 096
3 946
3 030
310

Estimated living cost  is ₽37823 per week

₽25068
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3712
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽574
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8470
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽1268
₽19198
₽13831
₽14526
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
76 500
income

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

-
-
-
13 066
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.

-
-
-
718
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.

-
-
-
6 447
trade
-
-
-
5 367
total
-
-
-
25 598
Employee

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

47 855
-
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.

226
-
718
-
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.

4 112
-
13 066
-
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.

6 447
-
6 447
-
total
10 785
-
20 231
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
28 645
76 500
-
-
income
4 296
11 475
-
-
surtax

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

236
630
-
-
chamber of commerce
184
253
-
-
trade
4 712
12 584
-
-
total
9 428
24 942
-
-
Dividends
19 216
51 558
-
-
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.

245
689
-
-
withholding
4 445
12 530
-
-
total
4 690
13 219
-
-
Income
76 500
76 500
76 500
76 500
Total tax
24 903
38 161
20 231
25 598
After tax
51 597
38 339
56 269
50 902
Living cost
37 071
37 071
37 071
37 071
Free-cash
14 526
1 268
19 198
13 831

Estimated living cost  is ₽37071 per week

₽24793
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3909
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.
₽7815
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽24554
₽25088
₽25846
₽21578
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 500
income
-
-
-
6 162
social contributions
-
-
-
11 934
health
-
-
-
1 950
total
-
-
-
20 046
Employee
72 564
72 564
72 564
-
social contributions
3 526
6 022
5 765
-
income
7 620
6 717
6 810
-
health
722
1 234
1 180
-
total
11 868
13 973
13 755
-
Employer
72 564
72 564
72 564
-
health
786
1 343
1 284
-
social contributions
3 526
6 022
5 765
-
total
4 312
7 365
7 049
-
Corporate
29 712
-
-
-
income
3 714
-
-
-
total
3 714
-
-
-
Dividends
25 998
-
-
-
withholding
4 420
-
-
-
total
4 420
-
-
-
Income
76 500
76 500
76 500
76 500
Total tax
24 314
21 338
20 804
20 046
After tax
52 186
55 162
55 696
56 454
Living cost
30 608
30 608
30 608
30 608
Free-cash
21 578
24 554
25 088
25 846

Estimated living cost  is ₽30608 per week

₽20924
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2391
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽514
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6780
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽26284
₽27475
₽36123
₽26636
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

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

24 356
9 693
64 017
-
unemployment
365
145
960
-
pensions
2 436
969
6 402
-
income
2 978
1 185
7 826
-
health
1 705
679
4 481
-
total
7 484
2 978
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.

24 356
9 693
64 017
-
pensions
4 749
1 890
12 483
-
total
4 749
1 890
12 483
-
Corporate
47 394
64 916
-
-
income
4 265
5 842
-
-
total
4 265
5 842
-
-
Dividends
43 129
59 074
-
-
social contributions
8 299
11 409
-
-
withholding
8 194
11 224
-
-
total
16 493
22 633
-
-
Income
76 500
76 500
76 500
76 500
Total tax
32 991
33 343
32 152
23 504
After tax
43 509
43 157
44 348
52 996
Living cost
16 873
16 873
16 873
16 873
Free-cash
26 636
26 284
27 475
36 123

Estimated living cost  is ₽16873 per week

₽11514
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1381
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽337
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3641
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38407
₽21303
₽18213
₽32546
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 500
income
-
-
-
10 250
health
-
-
-
9 944
pensions
-
-
-
15 300
total
-
-
-
35 494
Employee
26 770
-
57 174
-
unemployment
428
-
915
-
pensions
535
-
1 144
-
income
3 014
-
11 022
-
total
3 977
-
13 081
-
Employer
26 770
-
57 174
-
health
3 479
-
7 432
-
pensions
5 354
-
11 434
-
unemployment
215
-
457
-
total
9 048
-
19 323
-
Corporate
40 681
76 500
-
-
income
8 136
15 300
-
-
total
8 136
15 300
-
-
Dividends
32 545
61 200
-
-
total
-
-
-
-
Income
76 500
76 500
76 500
76 500
Total tax
21 161
15 300
32 404
35 494
After tax
55 339
61 200
44 096
41 006
Living cost
22 793
22 793
22 793
22 793
Free-cash
32 546
38 407
21 303
18 213

Estimated living cost  is ₽22793 per week

₽15634
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1357
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽458
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5344
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽14772
₽17550
₽31656
₽2981
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 500
accident
-
-
-
241
income
-
-
-
17 237
other
-
-
-
353
health
-
-
-
2 079
pensions
-
-
-
3 966
total
-
-
-
23 876
Employee
32 984
-
63 549
-
pensions
3 714
-
7 156
-
income
4 525
-
10 599
-
health
3 777
-
7 276
-
total
12 016
-
25 031
-
Employer
32 984
-
63 549
-
pensions
5 363
-
10 333
-
accident
551
-
1 061
-
unemployment
808
-
1 557
-
total
6 722
-
12 951
-
Corporate
36 794
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.

33 114
68 850
-
-
total
33 114
68 850
-
-
Dividends
3 679
7 650
-
-
withholding
699
1 454
-
-
total
699
1 454
-
-
Income
76 500
76 500
76 500
76 500
Total tax
52 551
70 304
37 982
23 876
After tax
23 949
6 196
38 518
52 624
Living cost
20 968
20 968
20 968
20 968
Free-cash
2 981
-14 772
17 550
31 656

Estimated living cost  is ₽20968 per week

₽15368
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1162
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽438
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4001
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽65084
₽53609
₽68144
₽63662
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
9 489
-
76 500
-
income
1 897
-
15 300
-
total
1 897
-
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%.

67 011
76 500
-
-
total
-
-
-
-
Dividends
67 011
76 500
-
-
withholding
3 350
3 825
-
-
total
3 350
3 825
-
-
Income
76 500
76 500
76 500
76 500
Total tax
5 247
3 825
15 300
765
After tax
71 253
72 675
61 200
75 735
Living cost
7 591
7 591
7 591
7 591
Free-cash
63 662
65 084
53 609
68 144

Estimated living cost  is ₽7591 per week

₽4704
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽631
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽209
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2047
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽31060
₽19694
₽16278
₽24686
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 500
income
-
-
-
9 717
other
-
-
-
3 634
health
-
-
-
3 367
pensions

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

-
-
-
18 359
total
-
-
-
35 077
Employee
34 264
-
61 101
-
unemployment
342
-
611
-
pensions

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

2 398
-
4 278
-
income
5 899
-
10 517
-
health
480
-
856
-
total
9 119
-
16 262
-
Employer
34 264
-
61 101
-
health
480
-
856
-
pensions

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

5 825
-
10 388
-
accident
274
-
489
-
unemployment
342
-
611
-
other
1 714
-
3 055
-
total
8 635
-
15 399
-
Corporate
33 601
76 500
-
-
income
7 056
16 065
-
-
total
7 056
16 065
-
-
Dividends
26 546
60 435
-
-
withholding
1 859
4 230
-
-
total
1 859
4 230
-
-
Income
76 500
76 500
76 500
76 500
Total tax
26 669
20 295
31 661
35 077
After tax
49 831
56 205
44 839
41 423
Living cost
25 145
25 145
25 145
25 145
Free-cash
24 686
31 060
19 694
16 278

Estimated living cost  is ₽25145 per week

₽17766
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1698
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽405
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5276
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽5617
-₽14455
-₽5987
-₽24747
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
14 238
pensions
-
-
-
5 314
total
-
-
-
19 552
Employee
89 044
-
67 653
-
pensions
8 590
-
6 023
-
income
16 051
-
12 120
-
health
1 467
-
1 030
-
total
26 108
-
19 173
-
Employer
89 044
-
67 653
-
health
1 691
-
1 285
-
pensions
10 513
-
7 562
-
total
12 204
-
8 847
-
Corporate
-
76 500
-
-
income

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

-
14 534
-
-
total
-
14 534
-
-
Dividends
-
61 966
-
-
withholding
-
4 648
-
-
total
-
4 648
-
-
Income
76 500
76 500
76 500
76 500
Total tax
38 312
19 182
28 020
19 552
After tax
38 188
57 318
48 480
56 948
Living cost
62 935
62 935
62 935
62 935
Free-cash
-24 747
-5 617
-14 455
-5 987

Estimated living cost  is ₽62935 per week

₽47158
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7394
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽512
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7871
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽53037
₽45886
₽43854
₽48654
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 500
income
-
-
-
11 475
unemployment
-
-
-
132
health
-
-
-
3 790
pensions

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

-
-
-
4 878
total
-
-
-
20 275
Employee
16 380
-
70 034
-
accident

We are using the highest rate at 1.1%.

180
-
363
-
pensions

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

1 438
-
2 894
-
income
1 638
-
7 003
-
health
753
-
1 516
-
total
4 009
-
11 776
-
Employer
16 380
-
70 034
-
health
1 131
-
2 274
-
pensions

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

1 805
-
3 632
-
accident

We are using the highest rate at 1.1%.

180
-
363
-
unemployment
98
-
198
-
total
3 214
-
6 467
-
Corporate
56 905
76 500
-
-
income
5 691
7 650
-
-
total
5 691
7 650
-
-
Dividends
51 215
68 850
-
-
withholding
2 561
3 442
-
-
total
2 561
3 442
-
-
Income
76 500
76 500
76 500
76 500
Total tax
15 475
11 092
18 243
20 275
After tax
61 025
65 408
58 257
56 225
Living cost
12 371
12 371
12 371
12 371
Free-cash
48 654
53 037
45 886
43 854

Estimated living cost  is ₽12371 per week

₽7222
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽883
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽328
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3937
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽24708
-₽30005
-₽8806
-₽26309
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 500
income
-
-
-
11 634
health
-
-
-
10 288
pensions
-
-
-
11 056
total
-
-
-
32 978
Employee
87 490
80 585
80 585
-
pensions
11 056
11 056
14 505
-
income

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

13 191
13 191
13 191
-
health
10 915
10 521
12 369
-
total
35 162
34 768
40 065
-
Employer
87 490
80 585
80 585
-
health
6 080
5 602
5 602
-
pensions
6 089
5 609
5 609
-
unemployment
3 150
2 901
2 901
-
total
15 319
14 112
14 112
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
76 500
76 500
76 500
76 500
Total tax
50 481
48 880
54 177
32 978
After tax
26 019
27 620
22 323
43 522
Living cost
52 328
52 328
52 328
52 328
Free-cash
-26 309
-24 708
-30 005
-8 806

Estimated living cost  is ₽52328 per week

₽38600
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4674
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽600
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8454
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽29545
₽15696
₽14135
₽21295
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 500
income
-
-
-
6 575
social contributions
-
-
-
22 338
solidarity contribution
-
-
-
-
health
-
-
-
10 327
total
-
-
-
39 240
Employee
34 007
-
57 090
-
solidarity contribution
-
-
-
-
social contributions
2 210
-
3 711
-
income
4 081
-
6 851
-
health
4 591
-
7 707
-
total
10 882
-
18 269
-
Employer
34 007
-
57 090
-
health
3 061
-
5 138
-
social contributions
8 502
-
14 272
-
total
11 563
-
19 410
-
Corporate
30 930
76 500
-
-
income
5 877
14 535
-
-
total
5 877
14 535
-
-
Dividends
25 054
61 965
-
-
withholding
3 758
9 295
-
-
total
3 758
9 295
-
-
Income
76 500
76 500
76 500
76 500
Total tax
32 080
23 830
37 679
39 240
After tax
44 420
52 670
38 821
37 260
Living cost
23 125
23 125
23 125
23 125
Free-cash
21 295
29 545
15 696
14 135

Estimated living cost  is ₽23125 per week

₽16063
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1645
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽455
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4962
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽998
-₽2906
₽735
-₽7366
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 500
social contributions
-
-
-
19 675
regional
-
-
-
813
municipal
-
-
-
455
national
-
-
-
15 003
total
-
-
-
35 946
Employee
83 867
-
76 500
-
municipal
444
-
407
-
national
14 532
-
12 677
-
regional
791
-
707
-
social contributions
28 280
-
25 796
-
total
44 047
-
39 587
-
Employer
83 867
-
76 500
-
total
-
-
-
-
Corporate
-
76 500
-
-
municipal
-
2 983
-
-
nationa
-
18 359
-
-
total
-
21 342
-
-
Dividends
-
55 157
-
-
withholding
-
14 341
-
-
total
-
14 341
-
-
Income
76 500
76 500
76 500
76 500
Total tax
44 047
35 683
39 587
35 946
After tax
32 453
40 817
36 913
40 554
Living cost
39 819
39 819
39 819
39 819
Free-cash
-7 366
998
-2 906
735

Estimated living cost  is ₽39819 per week

₽27757
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2611
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽611
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8839
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽27294
₽18837
₽20368
₽24358
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
13 033
other
-
-
-
-
surtax
-
-
-
1 329
unemployment
-
-
-
215
health
-
-
-
5 431
pensions
-
-
-
15 300
total
-
-
-
35 308
Employee
31 207
-
63 198
-
other
-
-
-
-
unemployment
2 172
-
4 398
-
pensions
2 081
-
4 216
-
surtax
102
-
1 173
-
income
5 231
-
12 138
-
health
797
-
1 612
-
total
10 383
-
23 537
-
Employer
31 207
-
63 198
-
health
1 420
-
2 874
-
pensions
4 160
-
8 424
-
unemployment
989
-
2 004
-
other
-
-
-
-
total
6 569
-
13 302
-
Corporate
38 725
76 500
-
-
income
10 068
19 890
-
-
total
10 068
19 890
-
-
Dividends
28 657
56 610
-
-
withholding
4 298
8 492
-
-
total
4 298
8 492
-
-
Income
76 500
76 500
76 500
76 500
Total tax
31 318
28 382
36 839
35 308
After tax
45 182
48 118
39 661
41 192
Living cost
20 824
20 824
20 824
20 824
Free-cash
24 358
27 294
18 837
20 368

Estimated living cost  is ₽20824 per week

₽12732
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1922
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽480
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5689
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽14322
₽5484
₽13952
₽6916
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
14 238
pensions
-
-
-
5 314
total
-
-
-
19 552
Employee
59 675
-
67 653
-
pensions
5 065
-
6 023
-
income
10 748
-
12 120
-
health
866
-
1 030
-
total
16 679
-
19 173
-
Employer
59 675
-
67 653
-
health
1 134
-
1 285
-
pensions
6 460
-
7 562
-
total
7 594
-
8 847
-
Corporate
9 232
76 500
-
-
income

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

1 753
14 534
-
-
total
1 753
14 534
-
-
Dividends
7 479
61 966
-
-
withholding
562
4 648
-
-
total
562
4 648
-
-
Income
76 500
76 500
76 500
76 500
Total tax
26 588
19 182
28 020
19 552
After tax
49 912
57 318
48 480
56 948
Living cost
42 996
42 996
42 996
42 996
Free-cash
6 916
14 322
5 484
13 952

Estimated living cost  is ₽42996 per week

₽32212
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3223
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽450
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7111
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽39649
-₽14160
-₽10254
-₽19155
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 500
other

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

-
-
-
1 530
regional
-
-
-
2 191
health
-
-
-
243
city
-
-
-
805
national
-
-
-
316
pensions
-
-
-
7 038
total
-
-
-
12 123
Employee
87 337
-
68 474
-
unemployment
-
-
-
-
pensions
7 337
-
5 750
-
national
413
-
264
-
regional
2 860
-
1 854
-
city
937
-
736
-
health
197
-
153
-
total
11 744
-
8 757
-
Employer
87 337
-
68 474
-
health
197
-
153
-
pensions
7 337
-
5 750
-
unemployment
-
-
-
-
other

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

1 746
-
1 369
-
total
9 280
-
7 272
-
Corporate
-
76 500
-
-
regional
-
16 180
-
-
national
-
6 502
-
-
total
-
22 682
-
-
Dividends
-
53 819
-
-
withholding
-
18 836
-
-
total
-
18 836
-
-
Income
76 500
76 500
76 500
76 500
Total tax
21 024
41 518
16 029
12 123
After tax
55 476
34 982
60 471
64 377
Living cost
74 631
74 631
74 631
74 631
Free-cash
-19 155
-39 649
-14 160
-10 254

Estimated living cost  is ₽74631 per week

₽48531
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6697
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽916
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18486
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽5285
₽13039
₽7445
₽10018
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
76 500
income

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

-
-
-
13 066
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.

-
-
-
718
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.

-
-
-
6 447
trade
-
-
-
5 594
total
-
-
-
25 825
Employee

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

56 713
-
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.

367
-
718
-
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.

6 669
-
13 066
-
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.

6 447
-
6 447
-
total
13 483
-
20 231
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
19 787
76 500
-
-
income
2 967
11 475
-
-
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.

163
630
-
-
chamber of commerce
172
251
-
-
trade
3 394
13 119
-
-
total
6 696
25 475
-
-
Dividends
13 092
51 024
-
-
surtax

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

159
682
-
-
withholding
2 914
12 398
-
-
total
3 073
13 080
-
-
Income
76 500
76 500
76 500
76 500
Total tax
23 252
38 555
20 231
25 825
After tax
53 248
37 945
56 269
50 675
Living cost
43 230
43 230
43 230
43 230
Free-cash
10 018
-5 285
13 039
7 445

Estimated living cost  is ₽43230 per week

₽31573
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3458
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽562
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7638
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽6269
₽12805
₽12120
₽11845
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 500
income
-
-
-
4 691
other
-
-
-
2 371
surtax
-
-
-
-
social contributions
-
-
-
2 179
health
-
-
-
661
pensions
-
-
-
22 192
total
-
-
-
32 094
Employee
40 388
-
58 297
-
pensions
4 567
-
6 592
-
surtax
-
-
-
-
social contributions
1 151
-
1 662
-
income
2 384
-
4 949
-
total
8 102
-
13 203
-
Employer
40 388
-
58 297
-
health
2 828
-
4 081
-
pensions
6 635
-
9 579
-
unemployment
1 635
-
2 360
-
social contributions
122
-
175
-
other
1 393
-
2 011
-
total
12 613
-
18 206
-
Corporate
23 500
76 500
-
-
income
6 579
21 420
-
-
surtax
-
-
-
-
total
6 579
21 420
-
-
Dividends
16 921
55 080
-
-
surtax
-
-
-
-
social contributions
2 910
9 475
-
-
withholding
2 165
7 050
-
-
total
5 075
16 525
-
-
Income
76 500
76 500
76 500
76 500
Total tax
32 369
37 945
31 409
32 094
After tax
44 131
38 555
45 091
44 406
Living cost
32 286
32 286
32 286
32 286
Free-cash
11 845
6 269
12 805
12 120

Estimated living cost  is ₽32286 per week

₽20358
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2625
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽550
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8755
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽9468
₽16004
₽15319
₽14711
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 500
income
-
-
-
4 691
other
-
-
-
2 371
surtax
-
-
-
-
social contributions
-
-
-
2 179
health
-
-
-
661
pensions
-
-
-
22 192
total
-
-
-
32 094
Employee
36 052
-
58 297
-
pensions
4 078
-
6 592
-
surtax
-
-
-
-
social contributions
1 028
-
1 662
-
income
1 859
-
4 949
-
total
6 965
-
13 203
-
Employer
36 052
-
58 297
-
health
2 523
-
4 081
-
pensions
5 924
-
9 579
-
unemployment
1 459
-
2 360
-
social contributions
107
-
175
-
other
1 245
-
2 011
-
total
11 258
-
18 206
-
Corporate
29 190
76 500
-
-
income
8 173
21 420
-
-
surtax
-
-
-
-
total
8 173
21 420
-
-
Dividends
21 017
55 080
-
-
surtax
-
-
-
-
social contributions
3 616
9 475
-
-
withholding
2 690
7 050
-
-
total
6 306
16 525
-
-
Income
76 500
76 500
76 500
76 500
Total tax
32 702
37 945
31 409
32 094
After tax
43 798
38 555
45 091
44 406
Living cost
29 087
29 087
29 087
29 087
Free-cash
14 711
9 468
16 004
15 319

Estimated living cost  is ₽29087 per week

₽16869
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2955
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽552
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8712
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽26663
₽30176
₽29118
₽27152
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 500
income
-
-
-
11 475
social contributions
-
-
-
10 557
health
-
-
-
5 340
total
-
-
-
27 372
Employee
31 996
-
76 500
-
social contributions
4 416
-
10 557
-
income
5 337
-
10 417
-
health
2 233
-
5 340
-
total
11 986
-
26 314
-
Employer
31 996
-
76 500
-
total
-
-
-
-
Corporate
44 504
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%.

2 226
3 825
-
-
total
2 226
3 825
-
-
Dividends
42 278
72 675
-
-
social contributions
5 834
10 028
-
-
withholding
6 341
10 901
-
-
health
2 951
5 073
-
-
total
15 126
26 002
-
-
Income
76 500
76 500
76 500
76 500
Total tax
29 338
29 827
26 314
27 372
After tax
47 162
46 673
50 186
49 128
Living cost
20 010
20 010
20 010
20 010
Free-cash
27 152
26 663
30 176
29 118

Estimated living cost  is ₽20010 per week

₽13392
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1234
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.
₽4923
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽9934
-₽7479
₽7365
₽8473
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 500
income
-
-
-
9 599
surtax
-
-
-
186
unemployment
-
-
-
5 788
chamber of commerce
-
-
-
306
health
-
-
-
5 852
pensions
-
-
-
14 153
total
-
-
-
35 884
Employee
47 160
37 607
59 258
-
other
471
376
593
-
unemployment
1 415
1 128
1 778
-
pensions
4 830
3 850
6 067
-
income
5 369
2 774
8 836
-
health
1 825
1 456
2 294
-
total
13 910
9 584
19 568
-
Employer
47 160
37 607
59 258
-
chamber of commerce
188
150
236
-
health
1 782
1 422
2 240
-
pensions
5 919
4 721
7 437
-
accident
612
489
770
-
unemployment
1 415
1 128
1 778
-
surtax
186
186
186
-
payroll
1 415
1 128
1 778
-
other
2 240
1 785
2 815
-
total
13 757
11 009
17 240
-
Corporate
15 583
27 884
55 677
-
income

The minimum corporate income for a GmbH is €1,1750 for a year. However, for GmbHs founded after 30 June 2013, the amount is reduced to €500 for the first five years and €1000 for the next five years.

Минимальный корпоративный налог для GmbH €1,1750 в год. Если GmbHs основана после 30 Июня 2013 эта сумма сниже до €500 в первые 5 лет и €1000 для следующих пяти лет.

3 895
6 972
13 920
-
total
3 895
6 972
13 920
-
Dividends
11 688
20 912
-
-
withholding
3 214
5 750
-
-
total
3 214
5 750
-
-
Income
76 500
76 500
76 500
76 500
Total tax
34 776
33 315
50 728
35 884
After tax
41 724
43 185
25 772
40 616
Living cost
33 251
33 251
33 251
33 251
Free-cash
8 473
9 934
-7 479
7 365

Estimated living cost  is ₽33251 per week

₽22177
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2837
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽546
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7691
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽8563
-₽3515
₽3355
-₽10650
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 500
communal

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

-
-
-
3 933
social contributions
-
-
-
10 969
national
-
-
-
23 836
total
-
-
-
38 738
Employee

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

67 501
-
59 251
-
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.

587
-
516
-
communal

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

3 521
-
3 091
-
pensions

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

5 063
-
4 443
-
national
20 753
-
17 526
-
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.

3 171
-
2 785
-
total
33 095
-
28 361
-
Employer

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

67 501
-
59 251
-
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.

4 151
-
3 644
-
pensions

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

5 981
-
5 249
-
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.

877
-
770
-
unemployment

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

985
-
865
-
surtax
7 654
-
6 719
-
total
19 648
-
17 247
-
Corporate
-
76 500
-
-
income
-
15 300
-
-
surtax
-
306
-
-
total
-
15 606
-
-
Dividends
-
60 893
-
-
withholding

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

-
17 924
-
-
total
-
17 924
-
-
Income
76 500
76 500
76 500
76 500
Total tax
52 743
33 530
45 608
38 738
After tax
23 757
42 970
30 892
37 762
Living cost
34 407
34 407
34 407
34 407
Free-cash
-10 650
8 563
-3 515
3 355

Estimated living cost  is ₽34407 per week

₽22163
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3009
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽539
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8698
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽17505
₽7233
₽6691
₽9986
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 500
accident
-
-
-
688
income
-
-
-
12 780
other
-
-
-
77
unemployment
-
-
-
535
pensions
-
-
-
21 649
total
-
-
-
35 729
Employee
46 973
-
58 007
-
other
47
-
57
-
unemployment
729
-
899
-
pensions
2 208
-
2 726
-
income
9 911
-
13 013
-
total
12 895
-
16 695
-
Employer
46 973
-
58 007
-
pensions
11 085
-
13 689
-
accident
929
-
1 148
-
unemployment
2 584
-
3 191
-
other
374
-
464
-
total
14 972
-
18 492
-
Corporate
14 554
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.

2 183
11 475
-
-
total
2 183
11 475
-
-
Dividends
12 371
65 025
-
-
withholding
2 384
13 440
-
-
total
2 384
13 440
-
-
Income
76 500
76 500
76 500
76 500
Total tax
32 434
24 915
35 187
35 729
After tax
44 066
51 585
41 313
40 771
Living cost
34 080
34 080
34 080
34 080
Free-cash
9 986
17 505
7 233
6 691

Estimated living cost  is ₽34080 per week

₽25096
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2418
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽491
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6074
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽3987
-₽1808
-₽5670
-₽3500
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 500
communal
-
-
-
4 835
accident
-
-
-
645
income
-
-
-
4 774
surtax
-
-
-
3 793
health
-
-
-
5 374
pensions
-
-
-
11 466
total
-
-
-
30 887
Employee
71 463
-
68 336
-
pensions
5 716
-
5 467
-
surtax
4 380
-
4 189
-
income
6 903
-
6 166
-
health
3 180
-
3 039
-
total
20 179
-
18 861
-
Employer
71 463
-
68 336
-
health
2 179
-
2 083
-
pensions
5 716
-
5 467
-
accident
643
-
614
-
total
8 538
-
8 164
-
Corporate
-
76 500
-
-
communal
-
5 165
-
-
income
-
11 475
-
-
surtax
-
804
-
-
total
-
17 444
-
-
Dividends
-
59 056
-
-
income
-
2 901
-
-
withholding
-
8 859
-
-
total
-
11 760
-
-
Income
76 500
76 500
76 500
76 500
Total tax
28 717
29 204
27 025
30 887
After tax
47 783
47 296
49 475
45 613
Living cost
51 283
51 283
51 283
51 283
Free-cash
-3 500
-3 987
-1 808
-5 670

Estimated living cost  is ₽51283 per week

₽38470
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3107
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.
₽9162
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽26922
₽18465
₽19996
₽23920
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
13 033
other
-
-
-
-
surtax
-
-
-
1 329
unemployment
-
-
-
215
health
-
-
-
5 431
pensions
-
-
-
15 300
total
-
-
-
35 308
Employee
31 779
-
63 198
-
other
-
-
-
-
unemployment
2 212
-
4 398
-
pensions
2 120
-
4 216
-
surtax
113
-
1 173
-
income
5 328
-
12 138
-
health
811
-
1 612
-
total
10 584
-
23 537
-
Employer
31 779
-
63 198
-
health
1 445
-
2 874
-
pensions
4 237
-
8 424
-
unemployment
1 008
-
2 004
-
other
-
-
-
-
total
6 690
-
13 302
-
Corporate
38 030
76 500
-
-
income
9 889
19 890
-
-
total
9 889
19 890
-
-
Dividends
28 141
56 610
-
-
withholding
4 221
8 492
-
-
total
4 221
8 492
-
-
Income
76 500
76 500
76 500
76 500
Total tax
31 384
28 382
36 839
35 308
After tax
45 116
48 118
39 661
41 192
Living cost
21 196
21 196
21 196
21 196
Free-cash
23 920
26 922
18 465
19 996

Estimated living cost  is ₽21196 per week

₽12797
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1843
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽492
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6065
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽14791
₽11171
₽14793
₽12694
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 500
social contributions
-
-
-
19 675
regional
-
-
-
1 154
municipal
-
-
-
455
national
-
-
-
15 003
total
-
-
-
36 287
Employee
52 347
-
76 500
-
municipal
278
-
407
-
national
8 293
-
12 677
-
regional
705
-
1 029
-
social contributions
17 652
-
25 796
-
total
26 928
-
39 909
-
Employer
52 347
-
76 500
-
total
-
-
-
-
Corporate
24 153
76 500
-
-
municipal
1 200
3 802
-
-
nationa
5 797
18 359
-
-
total
6 997
22 161
-
-
Dividends
17 157
54 339
-
-
withholding
4 461
14 128
-
-
total
4 461
14 128
-
-
Income
76 500
76 500
76 500
76 500
Total tax
38 386
36 289
39 909
36 287
After tax
38 114
40 211
36 591
40 213
Living cost
25 420
25 420
25 420
25 420
Free-cash
12 694
14 791
11 171
14 793

Estimated living cost  is ₽25420 per week

₽15809
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2575
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽435
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6601
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽24174
₽10325
₽8764
₽14009
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 500
income
-
-
-
6 575
social contributions
-
-
-
22 338
solidarity contribution
-
-
-
-
health
-
-
-
10 327
total
-
-
-
39 240
Employee
41 906
-
57 090
-
solidarity contribution
-
-
-
-
social contributions
2 724
-
3 711
-
income
5 029
-
6 851
-
health
5 657
-
7 707
-
total
13 410
-
18 269
-
Employer
41 906
-
57 090
-
health
3 771
-
5 138
-
social contributions
10 476
-
14 272
-
total
14 247
-
19 410
-
Corporate
20 346
76 500
-
-
income
3 866
14 535
-
-
total
3 866
14 535
-
-
Dividends
16 480
61 965
-
-
withholding
2 472
9 295
-
-
total
2 472
9 295
-
-
Income
76 500
76 500
76 500
76 500
Total tax
33 995
23 830
37 679
39 240
After tax
42 505
52 670
38 821
37 260
Living cost
28 496
28 496
28 496
28 496
Free-cash
14 009
24 174
10 325
8 764

Estimated living cost  is ₽28496 per week

₽21191
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1579
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽493
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5233
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽13179
-₽4295
₽10696
₽12714
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 500
income
-
-
-
9 599
surtax
-
-
-
-
unemployment
-
-
-
5 788
chamber of commerce
-
-
-
306
health
-
-
-
5 852
pensions
-
-
-
14 153
total
-
-
-
35 698
Employee
41 250
37 607
59 403
-
other
412
376
595
-
unemployment
1 237
1 128
1 782
-
pensions
4 224
3 850
6 083
-
income
3 675
2 774
8 877
-
health
1 596
1 456
2 299
-
total
11 144
9 584
19 636
-
Employer
41 250
37 607
59 403
-
chamber of commerce
165
150
238
-
health
1 560
1 422
2 246
-
pensions
5 177
4 721
7 455
-
accident
535
489
772
-
unemployment
1 237
1 128
1 782
-
surtax
-
-
-
-
payroll
1 237
1 128
1 782
-
other
1 959
1 785
2 822
-
total
11 870
10 823
17 097
-
Corporate
23 378
28 070
55 822
-
income

The minimum corporate income for a GmbH is €1,1750 for a year. However, for GmbHs founded after 30 June 2013, the amount is reduced to €500 for the first five years and €1000 for the next five years.

Минимальный корпоративный налог для GmbH €1,1750 в год. Если GmbHs основана после 30 Июня 2013 эта сумма сниже до €500 в первые 5 лет и €1000 для следующих пяти лет.

5 845
7 018
13 956
-
total
5 845
7 018
13 956
-
Dividends
17 533
21 052
-
-
withholding
4 821
5 790
-
-
total
4 821
5 790
-
-
Income
76 500
76 500
76 500
76 500
Total tax
33 680
33 215
50 689
35 698
After tax
42 820
43 285
25 811
40 802
Living cost
30 106
30 106
30 106
30 106
Free-cash
12 714
13 179
-4 295
10 696

Estimated living cost  is ₽30106 per week

₽18060
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3075
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.
₽8435
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽60846
₽49371
₽63906
₽58627
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
14 787
-
76 500
-
income
2 958
-
15 300
-
total
2 958
-
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%.

61 713
76 500
-
-
total
-
-
-
-
Dividends
61 713
76 500
-
-
withholding
3 086
3 825
-
-
total
3 086
3 825
-
-
Income
76 500
76 500
76 500
76 500
Total tax
6 044
3 825
15 300
765
After tax
70 456
72 675
61 200
75 735
Living cost
11 829
11 829
11 829
11 829
Free-cash
58 627
60 846
49 371
63 906

Estimated living cost  is ₽11829 per week

₽8005
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽497
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽397
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2931
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽27359
₽12861
₽15053
₽19467
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

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

-
-
-
76 500
income
-
-
-
14 524
unemployment
-
-
-
115
health
-
-
-
7 527
pensions
-
-
-
13 970
total
-
-
-
36 136
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.

41 729
-
66 194
-
unemployment
59
-
93
-
pensions
6 468
-
10 259
-
income
7 196
-
13 394
-
health
2 695
-
4 276
-
total
16 418
-
28 022
-
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.

41 729
-
66 194
-
health
2 779
-
4 409
-
pensions
3 693
-
5 858
-
unemployment
25
-
39
-
total
6 497
-
10 306
-
Corporate
28 274
76 500
-
-
income
5 372
14 536
-
-
total
5 372
14 536
-
-
Dividends
22 901
61 964
-
-
withholding
3 435
9 294
-
-
total
3 435
9 294
-
-
Income
76 500
76 500
76 500
76 500
Total tax
31 722
23 830
38 328
36 136
After tax
44 778
52 670
38 172
40 364
Living cost
25 311
25 311
25 311
25 311
Free-cash
19 467
27 359
12 861
15 053

Estimated living cost  is ₽25311 per week

₽17371
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1622
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽491
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5829
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽6213
₽23874
₽12538
-₽62865
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 500
income
-
-
-
14 911
social contributions
-
-
-
8 721
total
-
-
-
23 632
Employee
57 828
-
-
-
social contributions
4 742
-
676
-
income
12 756
-
-
-
total
17 498
-
676
-
Employer
57 828
-
-
-
social contributions
81 537
-
11 620
-
total
81 537
-
11 620
-
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
99 035
29 957
12 296
23 632
After tax
-22 535
46 543
64 204
52 868
Living cost
40 330
40 330
40 330
40 330
Free-cash
-62 865
6 213
23 874
12 538

Estimated living cost  is ₽40330 per week

₽26168
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3793
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽514
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9855
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽13914
₽10450
₽13673
₽12962
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
76 500
income
-
-
-
6 643
surtax
-
-
-
-
social contributions

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

-
-
-
26 584
total
-
-
-
33 227
Employee
43 401
-
61 817
-
surtax
-
-
-
-
social contributions
4 774
-
6 800
-
income
9 028
-
14 969
-
total
13 802
-
21 769
-
Employer
43 401
-
61 817
-
social contributions
10 308
-
14 681
-
total
10 308
-
14 681
-
Corporate
22 791
76 500
-
-
income
4 787
16 065
-
-
surtax
-
-
-
-
total
4 787
16 065
-
-
Dividends
18 004
60 435
-
-
withholding
5 041
16 921
-
-
total
5 041
16 921
-
-
Income
76 500
76 500
76 500
76 500
Total tax
33 938
32 986
36 450
33 227
After tax
42 562
43 514
40 050
43 273
Living cost
29 600
29 600
29 600
29 600
Free-cash
12 962
13 914
10 450
13 673

Estimated living cost  is ₽29600 per week

₽22147
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1746
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽494
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5213
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽7023
-₽487
-₽1172
-₽1062
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 500
income
-
-
-
4 691
other
-
-
-
2 371
surtax
-
-
-
-
social contributions
-
-
-
2 179
health
-
-
-
661
pensions
-
-
-
22 192
total
-
-
-
32 094
Employee
59 104
-
58 297
-
pensions
6 685
-
6 592
-
surtax
-
-
-
-
social contributions
1 683
-
1 662
-
income
5 157
-
4 949
-
total
13 525
-
13 203
-
Employer
59 104
-
58 297
-
health
4 137
-
4 081
-
pensions
9 711
-
9 579
-
unemployment
2 394
-
2 360
-
social contributions
177
-
175
-
other
2 040
-
2 011
-
total
18 459
-
18 206
-
Corporate
-
76 500
-
-
income
-
21 420
-
-
surtax
-
-
-
-
total
-
21 420
-
-
Dividends
-
55 080
-
-
surtax
-
-
-
-
social contributions
-
9 475
-
-
withholding
-
7 050
-
-
total
-
16 525
-
-
Income
76 500
76 500
76 500
76 500
Total tax
31 984
37 945
31 409
32 094
After tax
44 516
38 555
45 091
44 406
Living cost
45 578
45 578
45 578
45 578
Free-cash
-1 062
-7 023
-487
-1 172

Estimated living cost  is ₽45578 per week

₽30846
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3728
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽625
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10378
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽40484
₽32615
₽30469
₽37313
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
835
social contributions
-
-
-
16 830
total
-
-
-
17 665
Employee
30 338
-
66 233
-
income
-
-
947
-
social contributions
1 972
-
4 305
-
total
1 972
-
5 252
-
Employer
30 338
-
66 233
-
social contributions
4 703
-
10 267
-
total
4 703
-
10 267
-
Corporate
41 459
76 500
-
-
income
4 146
7 650
-
-
total
4 146
7 650
-
-
Dividends
37 314
68 850
-
-
total
-
-
-
-
Income
76 500
76 500
76 500
76 500
Total tax
10 821
7 650
15 519
17 665
After tax
65 679
68 850
60 981
58 835
Living cost
28 366
28 366
28 366
28 366
Free-cash
37 313
40 484
32 615
30 469

Estimated living cost  is ₽28366 per week

₽18341
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2138
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.
₽7353
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽129092
-₽129092
₽2776
-₽129092
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
6 055
municipal
-
-
-
13 566
national
-
-
-
7 841
pensions
-
-
-
818
total
-
-
-
28 280
Employee
191 810
191 810
191 810
-
municipal
40 845
40 845
40 845
-
labour market
15 323
15 323
15 323
-
pensions
273
273
273
-
national
23 433
23 433
23 433
-
total
79 874
79 874
79 874
-
Employer
191 810
191 810
191 810
-
national
23 474
23 474
23 474
-
labour market
15 345
15 345
15 345
-
pensions
545
545
545
-
municipal
40 910
40 910
40 910
-
total
80 274
80 274
80 274
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
76 500
76 500
76 500
76 500
Total tax
160 148
160 148
160 148
28 280
After tax
-83 648
-83 648
-83 648
48 220
Living cost
45 444
45 444
45 444
45 444
Free-cash
-129 092
-129 092
-129 092
2 776

Estimated living cost  is ₽45444 per week

₽31103
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4020
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽699
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9623
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽14463
₽17859
₽31965
₽3028
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 500
accident
-
-
-
241
income
-
-
-
17 237
other
-
-
-
353
health
-
-
-
2 079
pensions
-
-
-
3 966
total
-
-
-
23 876
Employee
32 498
-
63 549
-
pensions
3 660
-
7 156
-
income
4 458
-
10 599
-
health
3 721
-
7 276
-
total
11 839
-
25 031
-
Employer
32 498
-
63 549
-
pensions
5 284
-
10 333
-
accident
543
-
1 061
-
unemployment
796
-
1 557
-
total
6 623
-
12 951
-
Corporate
37 379
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.

33 641
68 850
-
-
total
33 641
68 850
-
-
Dividends
3 738
7 650
-
-
withholding
710
1 454
-
-
total
710
1 454
-
-
Income
76 500
76 500
76 500
76 500
Total tax
52 813
70 304
37 982
23 876
After tax
23 687
6 196
38 518
52 624
Living cost
20 659
20 659
20 659
20 659
Free-cash
3 028
-14 463
17 859
31 965

Estimated living cost  is ₽20659 per week

₽15037
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1178
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽388
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4056
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽15844
₽8827
₽20005
₽12100
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
784
municipal
-
-
-
13 630
national
-
-
-
5 851
total
-
-
-
20 265
Employee
49 648
-
64 355
-
municipal
8 132
-
10 521
-
unemployment
745
-
965
-
pensions
3 351
-
4 344
-
national
820
-
2 872
-
health
371
-
596
-
total
13 419
-
19 298
-
Employer
49 648
-
64 355
-
health
381
-
496
-
pensions
8 614
-
11 166
-
accident
50
-
64
-
unemployment
322
-
419
-
total
9 367
-
12 145
-
Corporate
17 484
76 500
-
-
income
3 497
15 300
-
-
total
3 497
15 300
-
-
Dividends

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

10 490
45 900
-
-
municipal
1 887
8 263
-
-
national
-
863
-
-
total
1 887
9 126
-
-
Income
76 500
76 500
76 500
76 500
Total tax
28 170
24 426
31 443
20 265
After tax
48 330
52 074
45 057
56 235
Living cost
36 230
36 230
36 230
36 230
Free-cash
12 100
15 844
8 827
20 005

Estimated living cost  is ₽36230 per week

₽23665
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3485
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽577
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8504
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽33313
₽33847
₽34605
₽29117
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 500
income
-
-
-
6 162
social contributions
-
-
-
11 934
health
-
-
-
1 950
total
-
-
-
20 046
Employee
72 564
72 564
72 564
-
social contributions
2 743
6 022
5 765
-
income
7 901
6 717
6 810
-
health
562
1 234
1 180
-
total
11 206
13 973
13 755
-
Employer
72 564
72 564
72 564
-
health
611
1 343
1 284
-
social contributions
2 743
6 022
5 765
-
total
3 354
7 365
7 049
-
Corporate
40 091
-
-
-
income
5 011
-
-
-
total
5 011
-
-
-
Dividends
35 080
-
-
-
withholding
5 963
-
-
-
total
5 963
-
-
-
Income
76 500
76 500
76 500
76 500
Total tax
25 534
21 338
20 804
20 046
After tax
50 966
55 162
55 696
56 454
Living cost
21 849
21 849
21 849
21 849
Free-cash
29 117
33 313
33 847
34 605

Estimated living cost  is ₽21849 per week

₽13094
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2144
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.
₽6128
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽48365
₽32265
₽45029
₽43567
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

  • up to €9,000.00, 60% of the average monthly wage in Montenegro
  • up to €15,000.00, 100% of the average monthly wage in Montenegro
  • in excess of €15,000, 150% of the average monthly wage in Montenegro
-
-
-
76 500
income
-
-
-
7 043
unemployment
-
-
-
27
health
-
-
-
3 415
pensions
-
-
-
6 003
total
-
-
-
16 488
Employee

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

21 660
-
69 357
-
unemployment
107
-
347
-
pensions
3 248
-
10 403
-
income
1 481
-
5 464
-
health
1 841
-
5 895
-
total
6 677
-
22 109
-
Employer

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

21 660
-
69 357
-
health
931
-
2 982
-
pensions
1 191
-
3 814
-
unemployment
107
-
347
-
total
2 229
-
7 143
-
Corporate
52 610
76 500
-
-
income
4 735
6 886
-
-
total
4 735
6 886
-
-
Dividends
47 875
69 614
-
-
withholding
4 309
6 266
-
-
total
4 309
6 266
-
-
Income
76 500
76 500
76 500
76 500
Total tax
17 950
13 152
29 252
16 488
After tax
58 550
63 348
47 248
60 012
Living cost
14 983
14 983
14 983
14 983
Free-cash
43 567
48 365
32 265
45 029

Estimated living cost  is ₽14983 per week

₽9559
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1080
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽446
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3897
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽25635
₽15363
₽14821
₽20686
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 500
accident
-
-
-
688
income
-
-
-
12 780
other
-
-
-
77
unemployment
-
-
-
535
pensions
-
-
-
21 649
total
-
-
-
35 729
Employee
34 893
-
58 007
-
other
34
-
57
-
unemployment
541
-
899
-
pensions
1 640
-
2 726
-
income
6 727
-
13 013
-
total
8 942
-
16 695
-
Employer
34 893
-
58 007
-
pensions
8 234
-
13 689
-
accident
691
-
1 148
-
unemployment
1 920
-
3 191
-
other
279
-
464
-
total
11 124
-
18 492
-
Corporate
30 483
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.

4 572
11 475
-
-
total
4 572
11 475
-
-
Dividends
25 911
65 025
-
-
withholding
5 226
13 440
-
-
total
5 226
13 440
-
-
Income
76 500
76 500
76 500
76 500
Total tax
29 864
24 915
35 187
35 729
After tax
46 636
51 585
41 313
40 771
Living cost
25 950
25 950
25 950
25 950
Free-cash
20 686
25 635
15 363
14 821

Estimated living cost  is ₽25950 per week

₽17516
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2495
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽455
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5485
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽45831
₽46567
₽46702
₽45518
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 500
income
-
-
-
25 497
health
-
-
-
1 007
pensions
-
-
-
1 389
total
-
-
-
27 893
Employee
2 901
-
74 937
-
unemployment
29
-
69
-
pensions
261
-
625
-
income
561
-
25 424
-
health
145
-
347
-
total
996
-
26 465
-
Employer
2 901
-
74 937
-
health
276
-
660
-
pensions
319
-
764
-
unemployment
58
-
139
-
total
653
-
1 563
-
Corporate
72 946
76 500
-
-
income
16 048
16 830
-
-
total
16 048
16 830
-
-
Dividends
56 898
59 670
-
-
withholding
11 380
11 934
-
-
total
11 380
11 934
-
-
Income
76 500
76 500
76 500
76 500
Total tax
29 077
28 764
28 028
27 893
After tax
47 423
47 736
48 472
48 607
Living cost
1 905
1 905
1 905
1 905
Free-cash
45 518
45 831
46 567
46 702

Estimated living cost  is ₽1905 per week

₽1132
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽154
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽44
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽575
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38950
₽23181
₽21988
₽34307
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

-
-
-
76 500
income
-
-
-
11 827
unemployment
-
-
-
1 046
health
-
-
-
7 184
pensions
-
-
-
18 134
total
-
-
-
38 191
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.

24 612
-
64 885
-
unemployment
185
-
487
-
pensions
3 446
-
9 084
-
income
3 393
-
12 470
-
health
1 267
-
3 342
-
total
8 291
-
25 383
-
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.

24 612
-
64 885
-
health
1 267
-
3 342
-
pensions
2 953
-
7 786
-
unemployment
185
-
487
-
total
4 405
-
11 615
-
Corporate
47 483
76 500
-
-
income
7 122
11 475
-
-
total
7 122
11 475
-
-
Dividends
40 360
65 025
-
-
withholding
6 054
9 754
-
-
total
6 054
9 754
-
-
Income
76 500
76 500
76 500
76 500
Total tax
25 872
21 229
36 998
38 191
After tax
50 628
55 271
39 502
38 309
Living cost
16 321
16 321
16 321
16 321
Free-cash
34 307
38 950
23 181
21 988

Estimated living cost  is ₽16321 per week

₽10989
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1262
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.
₽3597
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽18073
₽14609
₽17832
₽17733
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
76 500
income
-
-
-
6 643
surtax
-
-
-
-
social contributions

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

-
-
-
26 584
total
-
-
-
33 227
Employee
36 626
-
61 817
-
surtax
-
-
-
-
social contributions
4 029
-
6 800
-
income
7 156
-
14 969
-
total
11 185
-
21 769
-
Employer
36 626
-
61 817
-
social contributions
8 698
-
14 681
-
total
8 698
-
14 681
-
Corporate
31 176
76 500
-
-
income
6 547
16 065
-
-
surtax
-
-
-
-
total
6 547
16 065
-
-
Dividends
24 629
60 435
-
-
withholding
6 896
16 921
-
-
total
6 896
16 921
-
-
Income
76 500
76 500
76 500
76 500
Total tax
33 326
32 986
36 450
33 227
After tax
43 174
43 514
40 050
43 273
Living cost
25 441
25 441
25 441
25 441
Free-cash
17 733
18 073
14 609
17 832

Estimated living cost  is ₽25441 per week

₽18019
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1768
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.
₽5204
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽18420
₽8148
₽7606
₽11223
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 500
accident
-
-
-
688
income
-
-
-
12 780
other
-
-
-
77
unemployment
-
-
-
535
pensions
-
-
-
21 649
total
-
-
-
35 729
Employee
45 575
-
58 007
-
other
45
-
57
-
unemployment
706
-
899
-
pensions
2 142
-
2 726
-
income
9 519
-
13 013
-
total
12 412
-
16 695
-
Employer
45 575
-
58 007
-
pensions
10 755
-
13 689
-
accident
903
-
1 148
-
unemployment
2 507
-
3 191
-
other
365
-
464
-
total
14 530
-
18 492
-
Corporate
16 395
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.

2 459
11 475
-
-
total
2 459
11 475
-
-
Dividends
13 936
65 025
-
-
withholding
2 711
13 440
-
-
total
2 711
13 440
-
-
Income
76 500
76 500
76 500
76 500
Total tax
32 112
24 915
35 187
35 729
After tax
44 388
51 585
41 313
40 771
Living cost
33 165
33 165
33 165
33 165
Free-cash
11 223
18 420
8 148
7 606

Estimated living cost  is ₽33165 per week

₽23817
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2579
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽467
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6302
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽49177
₽42026
₽39994
₽43426
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 500
income
-
-
-
11 475
unemployment
-
-
-
132
health
-
-
-
3 790
pensions

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

-
-
-
4 878
total
-
-
-
20 275
Employee
21 492
-
70 034
-
accident

We are using the highest rate at 1.1%.

236
-
363
-
pensions

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

1 887
-
2 894
-
income
2 150
-
7 003
-
health
989
-
1 516
-
total
5 262
-
11 776
-
Employer
21 492
-
70 034
-
health
1 483
-
2 274
-
pensions

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

2 368
-
3 632
-
accident

We are using the highest rate at 1.1%.

236
-
363
-
unemployment
129
-
198
-
total
4 216
-
6 467
-
Corporate
50 791
76 500
-
-
income
5 079
7 650
-
-
total
5 079
7 650
-
-
Dividends
45 712
68 850
-
-
withholding
2 286
3 442
-
-
total
2 286
3 442
-
-
Income
76 500
76 500
76 500
76 500
Total tax
16 843
11 092
18 243
20 275
After tax
59 657
65 408
58 257
56 225
Living cost
16 231
16 231
16 231
16 231
Free-cash
43 426
49 177
42 026
39 994

Estimated living cost  is ₽16231 per week

₽10735
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽929
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽387
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4180
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽3087
₽19837
₽15156
₽15430
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
76 500
income

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

-
-
-
13 066
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.

-
-
-
718
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.

-
-
-
6 447
trade
-
-
-
4 681
total
-
-
-
24 912
Employee

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

46 953
-
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.

213
-
718
-
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.

3 861
-
13 066
-
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.

6 447
-
6 447
-
total
10 521
-
20 231
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
29 547
76 500
-
-
income
4 432
11 475
-
-
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.

244
630
-
-
chamber of commerce
186
256
-
-
trade
4 241
10 978
-
-
total
9 103
23 339
-
-
Dividends
20 444
53 161
-
-
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.

261
711
-
-
withholding
4 753
12 931
-
-
total
5 014
13 642
-
-
Income
76 500
76 500
76 500
76 500
Total tax
24 638
36 981
20 231
24 912
After tax
51 862
39 519
56 269
51 588
Living cost
36 432
36 432
36 432
36 432
Free-cash
15 430
3 087
19 837
15 156

Estimated living cost  is ₽36432 per week

₽25132
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3920
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽528
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6852
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽206
₽1317
₽1317
₽1879
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
15 001
social contributions
-
-
-
6 427
total
-
-
-
21 428
Employee
73 816
-
76 500
-
income
13 929
-
15 001
-
social contributions
6 133
-
6 427
-
total
20 062
-
21 428
-
Employer
73 816
-
76 500
-
total
-
-
-
-
Corporate
2 684
76 500
-
-
income
335
9 563
-
-
total
335
9 563
-
-
Dividends
2 349
66 937
-
-
withholding
469
13 388
-
-
total
469
13 388
-
-
Income
76 500
76 500
76 500
76 500
Total tax
20 866
22 951
21 428
21 428
After tax
55 634
53 549
55 072
55 072
Living cost
53 755
53 755
53 755
53 755
Free-cash
1 879
-206
1 317
1 317

Estimated living cost  is ₽53755 per week

₽40896
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4380
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽514
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7965
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽10483
₽21649
₽9674
₽15952
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
26 862
health

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

-
-
-
5 709
total
-
-
-
32 571
Employee
43 290
-
72 159
-
income
4 697
-
11 914
-
social contributions
4 337
-
4 341
-
total
9 034
-
16 255
-
Employer
43 290
-
72 159
-
social contributions
4 337
-
4 341
-
total
4 337
-
4 341
-
Corporate
28 873
76 500
-
-
income
10 105
26 776
-
-
total
10 105
26 776
-
-
Dividends
18 767
49 724
-
-
social contributions
2 817
4 986
-
-
total
2 817
4 986
-
-
Income
76 500
76 500
76 500
76 500
Total tax
26 293
31 762
20 596
32 571
After tax
50 207
44 738
55 904
43 929
Living cost
34 255
34 255
34 255
34 255
Free-cash
15 952
10 483
21 649
9 674

Estimated living cost  is ₽34255 per week

₽22564
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2701
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.
₽8465
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽22364
₽13526
₽21994
₽17055
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
14 238
pensions
-
-
-
5 314
total
-
-
-
19 552
Employee
47 979
-
67 653
-
pensions
3 662
-
6 023
-
income
8 737
-
12 120
-
health
626
-
1 030
-
total
13 025
-
19 173
-
Employer
47 979
-
67 653
-
health
912
-
1 285
-
pensions
4 847
-
7 562
-
total
5 759
-
8 847
-
Corporate
22 761
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.

4 325
14 534
-
-
total
4 325
14 534
-
-
Dividends
18 436
61 966
-
-
withholding
1 382
4 648
-
-
total
1 382
4 648
-
-
Income
76 500
76 500
76 500
76 500
Total tax
24 491
19 182
28 020
19 552
After tax
52 009
57 318
48 480
56 948
Living cost
34 954
34 954
34 954
34 954
Free-cash
17 055
22 364
13 526
21 994

Estimated living cost  is ₽34954 per week

₽23978
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3214
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽437
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7322
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽16508
₽15814
₽29920
₽2714
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 500
accident
-
-
-
241
income
-
-
-
17 237
other
-
-
-
353
health
-
-
-
2 079
pensions
-
-
-
3 966
total
-
-
-
23 876
Employee
35 715
-
63 549
-
pensions
4 022
-
7 156
-
income
4 900
-
10 599
-
health
4 089
-
7 276
-
total
13 011
-
25 031
-
Employer
35 715
-
63 549
-
pensions
5 807
-
10 333
-
accident
596
-
1 061
-
unemployment
875
-
1 557
-
total
7 278
-
12 951
-
Corporate
33 507
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.

30 156
68 850
-
-
total
30 156
68 850
-
-
Dividends
3 351
7 650
-
-
withholding
637
1 454
-
-
total
637
1 454
-
-
Income
76 500
76 500
76 500
76 500
Total tax
51 082
70 304
37 982
23 876
After tax
25 418
6 196
38 518
52 624
Living cost
22 704
22 704
22 704
22 704
Free-cash
2 714
-16 508
15 814
29 920

Estimated living cost  is ₽22704 per week

₽16662
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1323
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽457
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4261
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽52277
₽31742
₽31458
₽47688
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
11 256
unemployment
-
-
-
918
work injury
-
-
-
383
health insurance
-
-
-
5 661
pensions
-
-
-
14 076
total
-
-
-
32 294
Employee

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

20 397
-
76 500
-
health insurance
1 509
-
5 585
-
unemployment
245
-
906
-
work injury
102
-
377
-
pensions
3 753
-
13 886
-
income
2 040
-
11 256
-
total
7 649
-
32 010
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
56 103
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
56 103
76 500
-
-
withholding
8 415
11 475
-
-
total
8 415
11 475
-
-
Income
76 500
76 500
76 500
76 500
Total tax
16 064
11 475
32 010
32 294
After tax
60 436
65 025
44 490
44 206
Living cost
12 748
12 748
12 748
12 748
Free-cash
47 688
52 277
31 742
31 458

Estimated living cost  is ₽12748 per week

₽7898
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽926
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.
₽3526
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽2703
-₽1145
₽2353
-₽3020
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 500
social contributions
-
-
-
19 675
regional
-
-
-
1 364
municipal
-
-
-
512
national
-
-
-
15 003
total
-
-
-
36 554
Employee
79 519
-
76 500
-
municipal
475
-
457
-
national
13 438
-
12 677
-
regional
1 201
-
1 122
-
social contributions
26 813
-
25 796
-
total
41 927
-
40 052
-
Employer
79 519
-
76 500
-
total
-
-
-
-
Corporate
-
76 500
-
-
municipal
-
3 687
-
-
nationa
-
18 359
-
-
total
-
22 046
-
-
Dividends
-
54 454
-
-
withholding
-
14 158
-
-
total
-
14 158
-
-
Income
76 500
76 500
76 500
76 500
Total tax
41 927
36 204
40 052
36 554
After tax
34 573
40 296
36 448
39 946
Living cost
37 593
37 593
37 593
37 593
Free-cash
-3 020
2 703
-1 145
2 353

Estimated living cost  is ₽37593 per week

₽26407
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2586
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽568
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8032
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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