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
₽8323
₽19433
₽21623
₽26316
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
76 500
trade
-
-
-
4 693
income

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

-
-
-
12 224
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.

-
-
-
6 862
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.

-
-
-
673
total
-
-
-
24 452
Employee

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

38 419
-
76 500
-
health

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

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

6 862
-
6 862
-
surtax

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

59
-
673
-
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.

1 073
-
12 224
-
total
7 994
-
19 759
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
38 081
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.

315
631
-
-
income
5 713
11 475
-
-
trade
5 997
12 049
-
-
chamber of commerce
208
263
-
-
total
12 233
24 418
-
-
Dividends
25 849
52 082
-
-
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.

334
696
-
-
withholding
6 081
12 638
-
-
total
6 415
13 334
-
-
Income
76 500
76 500
76 500
76 500
Total tax
26 642
37 752
19 759
24 452
After tax
49 858
38 748
56 741
52 048
Living cost
30 425
30 425
30 425
30 425
Free-cash
19 433
8 323
26 316
21 623

Estimated living cost  is ₽30425 per week

₽19138
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3547
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.
₽7171
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽2943
-₽9192
-₽3749
-₽3149
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 500
municipal
-
-
-
7 675
pensions
-
-
-
9 180
national
-
-
-
11 893
social contributions
-
-
-
822
total
-
-
-
29 570
Employee
78 562
-
66 134
-
municipal
9 704
-
7 971
-
pensions
3 142
-
2 645
-
national
15 037
-
12 352
-
total
27 883
-
22 968
-
Employer
78 562
-
66 134
-
social contributions
845
-
711
-
pensions
6 285
-
5 291
-
total
7 130
-
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
35 013
28 764
28 970
29 570
After tax
41 487
47 736
47 530
46 930
Living cost
50 679
50 679
50 679
50 679
Free-cash
-9 192
-2 943
-3 149
-3 749

Estimated living cost  is ₽50679 per week

₽34446
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4711
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽759
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10764
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽40302
₽32064
₽20214
₽22495
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
microenterprise
-
-
-
-
income
-
-
-
10 794
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
total
-
-
-
35 389
Employee
29 351
-
61 649
-
social contributions

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

3 229
-
6 782
-
surtax
-
-
-
-
income
5 225
-
11 475
-
total
8 454
-
18 257
-
Employer
29 351
-
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.

7 070
-
14 851
-
surtax
-
-
-
-
total
7 070
-
14 851
-
Corporate
40 079
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%.

8 015
15 301
-
-
total
8 015
15 301
-
-
Dividends

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

32 063
61 199
-
-
total
-
-
-
-
Income
76 500
76 500
76 500
76 500
Total tax
23 539
15 301
33 108
35 389
After tax
52 961
61 199
43 392
41 111
Living cost
20 897
20 897
20 897
20 897
Free-cash
32 064
40 302
22 495
20 214

Estimated living cost  is ₽20897 per week

₽13332
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1990
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽475
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5101
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽17608
-₽23246
₽1476
-₽23246
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
10 505
pensions
-
-
-
11 769
health
-
-
-
10 671
total
-
-
-
32 945
Employee
85 778
85 778
85 778
-
health
13 166
11 199
13 166
-
income

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

14 040
14 040
14 040
-
pensions
15 440
11 769
15 440
-
total
42 646
37 008
42 646
-
Employer
85 778
85 778
85 778
-
unemployment
3 088
3 088
3 088
-
pensions
5 970
5 970
5 970
-
health
5 963
5 963
5 963
-
total
15 021
15 021
15 021
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
76 500
76 500
76 500
76 500
Total tax
57 667
52 029
57 667
32 945
After tax
18 833
24 471
18 833
43 555
Living cost
42 079
42 079
42 079
42 079
Free-cash
-23 246
-17 608
-23 246
1 476

Estimated living cost  is ₽42079 per week

₽29820
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.
₽669
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7796
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽2807
₽1934
-₽828
₽1890
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 500
municipal
-
-
-
16 204
accident
-
-
-
153
pensions
-
-
-
8 270
other
-
-
-
8 889
unemployment
-
-
-
77
health
-
-
-
4 773
national
-
-
-
-
total
-
-
-
38 366
Employee
55 518
-
58 210
-
municipal
16 555
-
17 358
-
national
-
-
-
-
total
16 555
-
17 358
-
Employer
55 518
-
58 210
-
accident
111
-
116
-
other
6 451
-
6 764
-
unemployment
1 466
-
1 537
-
pensions
6 001
-
6 293
-
health
3 414
-
3 580
-
total
17 443
-
18 290
-
Corporate
3 539
76 500
-
-
income
778
16 830
-
-
total
778
16 830
-
-
Dividends
2 760
59 670
-
-
withholding
828
17 901
-
-
total
828
17 901
-
-
Income
76 500
76 500
76 500
76 500
Total tax
35 604
34 731
35 648
38 366
After tax
40 896
41 769
40 852
38 134
Living cost
38 962
38 962
38 962
38 962
Free-cash
1 934
2 807
1 890
-828

Estimated living cost  is ₽38962 per week

₽25823
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3823
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽592
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8725
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽1104
₽13011
₽12378
₽17281
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
76 500
trade
-
-
-
4 903
income

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

-
-
-
12 224
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.

-
-
-
6 862
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.

-
-
-
673
total
-
-
-
24 662
Employee

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

50 939
-
76 500
-
health

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

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

6 862
-
6 862
-
surtax

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

240
-
673
-
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.

4 377
-
12 224
-
total
11 479
-
19 759
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
25 561
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.

212
631
-
-
income
3 833
11 475
-
-
trade
4 205
12 585
-
-
chamber of commerce
189
261
-
-
total
8 439
24 952
-
-
Dividends
17 123
51 548
-
-
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
688
-
-
withholding
3 898
12 504
-
-
total
4 111
13 192
-
-
Income
76 500
76 500
76 500
76 500
Total tax
24 029
38 144
19 759
24 662
After tax
52 471
38 356
56 741
51 838
Living cost
39 460
39 460
39 460
39 460
Free-cash
13 011
-1 104
17 281
12 378

Estimated living cost  is ₽39460 per week

₽26391
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4161
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽589
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8319
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽21207
₽19389
₽24484
₽22544
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 500
income
-
-
-
5 551
health
-
-
-
1 950
social contributions
-
-
-
11 935
total
-
-
-
19 436
Employee
77 239
77 239
77 239
-
social contributions
3 753
6 410
5 764
-
health
768
1 313
1 180
-
income
8 111
7 150
7 383
-
total
12 632
14 873
14 327
-
Employer
77 239
77 239
77 239
-
social contributions
3 753
6 410
5 764
-
health
837
1 430
1 285
-
total
4 590
7 840
7 049
-
Corporate
26 698
-
-
-
income
3 338
-
-
-
total
3 338
-
-
-
Dividends
23 360
-
-
-
withholding
3 971
-
-
-
total
3 971
-
-
-
Income
76 500
76 500
76 500
76 500
Total tax
24 531
22 713
21 376
19 436
After tax
51 969
53 787
55 124
57 064
Living cost
32 580
32 580
32 580
32 580
Free-cash
19 389
21 207
22 544
24 484

Estimated living cost  is ₽32580 per week

₽22272
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2545
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽547
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7217
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽24957
₽25336
₽34769
₽26121
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
7 650
unemployment
-
-
-
1 147
health
-
-
-
5 355
total
-
-
-
23 504
Employee

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

The minimum wage is 138,000 HUF per month.

26 310
10 471
64 017
-
health
1 842
733
4 481
-
income
3 216
1 280
7 826
-
pensions
2 631
1 047
6 402
-
unemployment
395
157
960
-
total
8 084
3 217
19 669
-
Employer

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

The minimum wage is 138,000 HUF per month.

26 310
10 471
64 017
-
pensions
5 131
2 042
12 483
-
total
5 131
2 042
12 483
-
Corporate
45 059
63 987
-
-
income
4 055
5 759
-
-
total
4 055
5 759
-
-
Dividends
41 004
58 228
-
-
social contributions
7 876
11 235
-
-
withholding
7 791
11 063
-
-
total
15 667
22 298
-
-
Income
76 500
76 500
76 500
76 500
Total tax
32 937
33 316
32 152
23 504
After tax
43 563
43 184
44 348
52 996
Living cost
18 227
18 227
18 227
18 227
Free-cash
25 336
24 957
26 121
34 769

Estimated living cost  is ₽18227 per week

₽12438
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1491
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽364
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3933
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽36937
₽30698
₽16743
₽19832
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 500
income
-
-
-
10 251
pensions
-
-
-
15 299
health
-
-
-
9 945
total
-
-
-
35 495
Employee
28 495
-
57 175
-
income
3 208
-
11 023
-
pensions
570
-
1 144
-
unemployment
456
-
915
-
total
4 234
-
13 082
-
Employer
28 495
-
57 175
-
unemployment
229
-
457
-
pensions
5 699
-
11 435
-
health
3 704
-
7 432
-
total
9 632
-
19 324
-
Corporate
38 373
76 500
-
-
income
7 674
15 301
-
-
total
7 674
15 301
-
-
Dividends
30 699
61 199
-
-
total
-
-
-
-
Income
76 500
76 500
76 500
76 500
Total tax
21 540
15 301
32 406
35 495
After tax
54 960
61 199
44 094
41 005
Living cost
24 262
24 262
24 262
24 262
Free-cash
30 698
36 937
19 832
16 743

Estimated living cost  is ₽24262 per week

₽16641
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1445
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽488
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5688
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽15848
₽2814
₽30613
₽16737
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
253
income
-
-
-
16 865
pensions
-
-
-
4 169
other
-
-
-
371
health
-
-
-
2 185
total
-
-
-
23 843
Employee
34 676
-
63 549
-
health
3 970
-
7 276
-
income
4 757
-
10 336
-
pensions
3 905
-
7 156
-
total
12 632
-
24 768
-
Employer
34 676
-
63 549
-
accident
579
-
1 061
-
unemployment
850
-
1 557
-
pensions
5 639
-
10 333
-
total
7 068
-
12 951
-
Corporate
34 757
76 500
-
-
income

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

31 281
68 850
-
-
total
31 281
68 850
-
-
Dividends
3 476
7 650
-
-
withholding
661
1 454
-
-
total
661
1 454
-
-
Income
76 500
76 500
76 500
76 500
Total tax
51 642
70 304
37 719
23 843
After tax
24 858
6 196
38 781
52 657
Living cost
22 044
22 044
22 044
22 044
Free-cash
2 814
-15 848
16 737
30 613

Estimated living cost  is ₽22044 per week

₽16156
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1221
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.
₽4207
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63575
₽61869
₽66635
₽52100
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
11 374
-
76 500
-
income
2 275
-
15 300
-
total
2 275
-
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%.

65 126
76 500
-
-
total
-
-
-
-
Dividends
65 126
76 500
-
-
withholding
3 256
3 825
-
-
total
3 256
3 825
-
-
Income
76 500
76 500
76 500
76 500
Total tax
5 531
3 825
15 300
765
After tax
70 969
72 675
61 200
75 735
Living cost
9 100
9 100
9 100
9 100
Free-cash
61 869
63 575
52 100
66 635

Estimated living cost  is ₽9100 per week

₽5639
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽756
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽250
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2454
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽29440
₽22656
₽14660
₽18071
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
9 716
pensions

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

-
-
-
18 360
other
-
-
-
3 633
health
-
-
-
3 366
total
-
-
-
35 075
Employee
36 471
-
61 100
-
health
511
-
856
-
income
6 279
-
10 518
-
pensions

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

2 552
-
4 277
-
unemployment
364
-
612
-
total
9 706
-
16 263
-
Employer
36 471
-
61 100
-
accident
292
-
488
-
other
1 824
-
3 056
-
unemployment
364
-
612
-
pensions

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

6 201
-
10 389
-
health
511
-
856
-
total
9 192
-
15 401
-
Corporate
30 837
76 500
-
-
income
6 475
16 065
-
-
total
6 475
16 065
-
-
Dividends
24 362
60 435
-
-
withholding
1 706
4 230
-
-
total
1 706
4 230
-
-
Income
76 500
76 500
76 500
76 500
Total tax
27 079
20 295
31 664
35 075
After tax
49 421
56 205
44 836
41 425
Living cost
26 765
26 765
26 765
26 765
Free-cash
22 656
29 440
18 071
14 660

Estimated living cost  is ₽26765 per week

₽18911
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1807
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽431
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5616
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽9774
-₽31438
-₽10060
-₽18413
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
14 257
pensions
-
-
-
5 210
total
-
-
-
19 467
Employee
94 927
-
67 753
-
health
1 564
-
1 007
-
income
17 112
-
12 169
-
pensions
9 158
-
5 897
-
total
27 834
-
19 073
-
Employer
94 927
-
67 753
-
pensions
11 208
-
7 459
-
health
1 803
-
1 288
-
total
13 011
-
8 747
-
Corporate
-
76 500
-
-
income

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

-
14 535
-
-
total
-
14 535
-
-
Dividends
-
61 965
-
-
withholding
-
4 646
-
-
total
-
4 646
-
-
Income
76 500
76 500
76 500
76 500
Total tax
40 845
19 181
27 820
19 467
After tax
35 655
57 319
48 680
57 033
Living cost
67 093
67 093
67 093
67 093
Free-cash
-31 438
-9 774
-18 413
-10 060

Estimated living cost  is ₽67093 per week

₽50274
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7883
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.
₽8391
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽52239
₽47575
₽42491
₽44408
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions

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

-
-
-
5 192
unemployment
-
-
-
140
health
-
-
-
4 034
total
-
-
-
20 841
Employee
17 436
-
69 617
-
health
802
-
1 614
-
accident

We are using the highest rate at 1.1%.

192
-
386
-
income
1 743
-
6 961
-
pensions

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

1 531
-
3 080
-
total
4 268
-
12 041
-
Employer
17 436
-
69 617
-
accident

We are using the highest rate at 1.1%.

192
-
386
-
unemployment
104
-
210
-
pensions

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

1 922
-
3 866
-
health
1 203
-
2 421
-
total
3 421
-
6 883
-
Corporate
55 643
76 500
-
-
income
5 564
7 650
-
-
total
5 564
7 650
-
-
Dividends
50 079
68 850
-
-
withholding
2 504
3 443
-
-
total
2 504
3 443
-
-
Income
76 500
76 500
76 500
76 500
Total tax
15 757
11 093
18 924
20 841
After tax
60 743
65 407
57 576
55 659
Living cost
13 168
13 168
13 168
13 168
Free-cash
47 575
52 239
44 408
42 491

Estimated living cost  is ₽13168 per week

₽7687
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽940
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽349
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4191
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽31228
-₽32931
-₽12144
-₽36866
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
10 505
pensions
-
-
-
11 769
health
-
-
-
10 671
total
-
-
-
32 945
Employee
93 127
85 778
85 778
-
health
11 618
11 199
13 166
-
income

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

14 040
14 040
14 040
-
pensions
11 769
11 769
15 440
-
total
37 427
37 008
42 646
-
Employer
93 127
85 778
85 778
-
unemployment
3 353
3 088
3 088
-
pensions
6 481
5 970
5 970
-
health
6 471
5 963
5 963
-
total
16 305
15 021
15 021
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
76 500
76 500
76 500
76 500
Total tax
53 732
52 029
57 667
32 945
After tax
22 768
24 471
18 833
43 555
Living cost
55 699
55 699
55 699
55 699
Free-cash
-32 931
-31 228
-36 866
-12 144

Estimated living cost  is ₽55699 per week

₽41088
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4975
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽639
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8999
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28650
₽20080
₽13240
₽14801
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
10 327
solidarity contribution
-
-
-
-
social contributions
-
-
-
22 338
total
-
-
-
39 240
Employee
35 323
-
57 090
-
social contributions
2 296
-
3 711
-
health
4 769
-
7 707
-
solidarity contribution
-
-
-
-
income
4 239
-
6 851
-
total
11 304
-
18 269
-
Employer
35 323
-
57 090
-
social contributions
8 831
-
14 272
-
health
3 179
-
5 138
-
total
12 010
-
19 410
-
Corporate
29 167
76 500
-
-
income
5 542
14 535
-
-
total
5 542
14 535
-
-
Dividends
23 625
61 965
-
-
withholding
3 544
9 295
-
-
total
3 544
9 295
-
-
Income
76 500
76 500
76 500
76 500
Total tax
32 400
23 830
37 679
39 240
After tax
44 100
52 670
38 821
37 260
Living cost
24 020
24 020
24 020
24 020
Free-cash
20 080
28 650
14 801
13 240

Estimated living cost  is ₽24020 per week

₽16684
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1709
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.
₽5154
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽1568
-₽12771
-₽1395
-₽5334
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 500
municipal
-
-
-
454
regional
-
-
-
802
national
-
-
-
14 578
social contributions
-
-
-
19 676
total
-
-
-
35 510
Employee
89 271
-
76 500
-
social contributions
30 102
-
25 796
-
regional
842
-
701
-
municipal
473
-
406
-
national
15 469
-
12 546
-
total
46 886
-
39 449
-
Employer
89 271
-
76 500
-
total
-
-
-
-
Corporate
-
76 500
-
-
nationa
-
18 360
-
-
municipal
-
2 983
-
-
total
-
21 343
-
-
Dividends
-
55 157
-
-
withholding
-
14 340
-
-
total
-
14 340
-
-
Income
76 500
76 500
76 500
76 500
Total tax
46 886
35 683
39 449
35 510
After tax
29 614
40 817
37 051
40 990
Living cost
42 385
42 385
42 385
42 385
Free-cash
-12 771
-1 568
-5 334
-1 395

Estimated living cost  is ₽42385 per week

₽29546
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2779
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽650
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9409
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽25952
₽22827
₽19491
₽17798
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 500
income
-
-
-
12 674
pensions
-
-
-
15 301
other
-
-
-
-
unemployment
-
-
-
229
health
-
-
-
5 433
surtax
-
-
-
1 207
total
-
-
-
34 844
Employee
33 217
-
63 197
-
other
-
-
-
-
health
848
-
1 613
-
surtax
109
-
1 077
-
income
5 568
-
11 931
-
pensions
2 215
-
4 215
-
unemployment
2 312
-
4 399
-
total
11 052
-
23 235
-
Employer
33 217
-
63 197
-
other
-
-
-
-
unemployment
1 052
-
2 003
-
pensions
4 428
-
8 423
-
health
1 512
-
2 876
-
total
6 992
-
13 302
-
Corporate
36 291
76 500
-
-
income
9 436
19 891
-
-
total
9 436
19 891
-
-
Dividends
26 855
56 609
-
-
withholding
4 028
8 492
-
-
total
4 028
8 492
-
-
Income
76 500
76 500
76 500
76 500
Total tax
31 508
28 383
36 537
34 844
After tax
44 992
48 117
39 963
41 656
Living cost
22 165
22 165
22 165
22 165
Free-cash
22 827
25 952
17 798
19 491

Estimated living cost  is ₽22165 per week

₽13553
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2045
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽511
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6056
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽11483
₽3584
₽11197
₽2844
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
14 257
pensions
-
-
-
5 210
total
-
-
-
19 467
Employee
63 617
-
67 753
-
health
924
-
1 007
-
income
11 458
-
12 169
-
pensions
5 400
-
5 897
-
total
17 782
-
19 073
-
Employer
63 617
-
67 753
-
pensions
6 887
-
7 459
-
health
1 209
-
1 288
-
total
8 096
-
8 747
-
Corporate
4 787
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.

910
14 535
-
-
total
910
14 535
-
-
Dividends
3 877
61 965
-
-
withholding
292
4 646
-
-
total
292
4 646
-
-
Income
76 500
76 500
76 500
76 500
Total tax
27 080
19 181
27 820
19 467
After tax
49 420
57 319
48 680
57 033
Living cost
45 836
45 836
45 836
45 836
Free-cash
3 584
11 483
2 844
11 197

Estimated living cost  is ₽45836 per week

₽34340
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3436
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽479
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7580
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽41411
-₽21416
-₽11969
-₽15892
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
city
-
-
-
804
pensions
-
-
-
7 038
other

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

-
-
-
1 530
regional
-
-
-
2 147
health
-
-
-
249
national
-
-
-
307
total
-
-
-
12 075
Employee
89 401
-
68 471
-
city
959
-
736
-
regional
2 927
-
1 823
-
health
202
-
155
-
pensions
7 511
-
5 751
-
unemployment
-
-
-
-
national
423
-
257
-
total
12 022
-
8 722
-
Employer
89 401
-
68 471
-
other

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

1 787
-
1 370
-
unemployment
-
-
-
-
pensions
7 511
-
5 751
-
health
202
-
155
-
total
9 500
-
7 276
-
Corporate
-
76 500
-
-
regional
-
16 179
-
-
national
-
6 502
-
-
total
-
22 681
-
-
Dividends
-
53 818
-
-
withholding
-
18 836
-
-
total
-
18 836
-
-
Income
76 500
76 500
76 500
76 500
Total tax
21 522
41 517
15 998
12 075
After tax
54 978
34 983
60 502
64 425
Living cost
76 394
76 394
76 394
76 394
Free-cash
-21 416
-41 411
-15 892
-11 969

Estimated living cost  is ₽76394 per week

₽49678
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6856
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽938
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18922
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽8052
₽8232
₽5616
₽10726
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
76 500
trade
-
-
-
5 110
income

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

-
-
-
12 224
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.

-
-
-
6 862
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.

-
-
-
673
total
-
-
-
24 869
Employee

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

60 367
-
76 500
-
health

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

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

6 862
-
6 862
-
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.

391
-
673
-
income

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

7 099
-
12 224
-
total
14 352
-
19 759
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
16 133
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.

133
631
-
-
income
2 421
11 475
-
-
trade
2 768
13 120
-
-
chamber of commerce
175
259
-
-
total
5 497
25 485
-
-
Dividends
10 636
51 014
-
-
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.

126
681
-
-
withholding
2 278
12 371
-
-
total
2 404
13 052
-
-
Income
76 500
76 500
76 500
76 500
Total tax
22 253
38 537
19 759
24 869
After tax
54 247
37 963
56 741
51 631
Living cost
46 015
46 015
46 015
46 015
Free-cash
8 232
-8 052
10 726
5 616

Estimated living cost  is ₽46015 per week

₽33608
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3681
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽599
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8130
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽4191
₽10123
₽11054
₽11290
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
4 363
pensions
-
-
-
21 506
other
-
-
-
2 371
health
-
-
-
661
surtax
-
-
-
-
social contributions
-
-
-
2 179
total
-
-
-
31 080
Employee
42 990
-
58 294
-
social contributions
1 226
-
1 660
-
surtax
-
-
-
-
income
2 537
-
4 386
-
pensions
4 861
-
6 592
-
total
8 624
-
12 638
-
Employer
42 990
-
58 294
-
other
1 483
-
2 011
-
social contributions
130
-
175
-
unemployment
1 740
-
2 362
-
pensions
7 062
-
9 577
-
health
3 010
-
4 081
-
total
13 425
-
18 206
-
Corporate
20 085
76 500
-
-
surtax
-
-
-
-
income
5 623
21 420
-
-
total
5 623
21 420
-
-
Dividends
14 462
55 080
-
-
surtax
-
-
-
-
social contributions
2 488
9 472
-
-
withholding
1 851
7 051
-
-
total
4 339
16 523
-
-
Income
76 500
76 500
76 500
76 500
Total tax
32 011
37 943
30 844
31 080
After tax
44 489
38 557
45 656
45 420
Living cost
34 366
34 366
34 366
34 366
Free-cash
10 123
4 191
11 290
11 054

Estimated living cost  is ₽34366 per week

₽21669
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2794
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽585
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9319
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽7596
₽13175
₽14459
₽14695
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
4 363
pensions
-
-
-
21 506
other
-
-
-
2 371
health
-
-
-
661
surtax
-
-
-
-
social contributions
-
-
-
2 179
total
-
-
-
31 080
Employee
38 374
-
58 294
-
social contributions
1 094
-
1 660
-
surtax
-
-
-
-
income
1 979
-
4 386
-
pensions
4 340
-
6 592
-
total
7 413
-
12 638
-
Employer
38 374
-
58 294
-
other
1 325
-
2 011
-
social contributions
114
-
175
-
unemployment
1 554
-
2 362
-
pensions
6 306
-
9 577
-
health
2 686
-
4 081
-
total
11 985
-
18 206
-
Corporate
26 141
76 500
-
-
surtax
-
-
-
-
income
7 320
21 420
-
-
total
7 320
21 420
-
-
Dividends
18 822
55 080
-
-
surtax
-
-
-
-
social contributions
3 237
9 472
-
-
withholding
2 409
7 051
-
-
total
5 646
16 523
-
-
Income
76 500
76 500
76 500
76 500
Total tax
32 364
37 943
30 844
31 080
After tax
44 136
38 557
45 656
45 420
Living cost
30 961
30 961
30 961
30 961
Free-cash
13 175
7 596
14 695
14 459

Estimated living cost  is ₽30961 per week

₽17956
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3145
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽587
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9274
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽25374
₽25895
₽27831
₽29202
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
5 339
social contributions
-
-
-
10 556
total
-
-
-
27 370
Employee
34 058
-
76 500
-
social contributions
4 701
-
10 556
-
health
2 377
-
5 339
-
income
5 680
-
10 103
-
total
12 758
-
25 998
-
Employer
34 058
-
76 500
-
total
-
-
-
-
Corporate
42 442
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%.

2 122
3 826
-
-
total
2 122
3 826
-
-
Dividends
40 321
72 674
-
-
health
2 814
5 072
-
-
social contributions
5 564
10 028
-
-
withholding
6 048
10 901
-
-
total
14 426
26 001
-
-
Income
76 500
76 500
76 500
76 500
Total tax
29 306
29 827
25 998
27 370
After tax
47 194
46 673
50 502
49 130
Living cost
21 300
21 300
21 300
21 300
Free-cash
25 895
25 374
29 202
27 831

Estimated living cost  is ₽21300 per week

₽14254
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1313
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽490
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5240
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽7893
₽6338
₽5491
-₽9041
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 500
chamber of commerce
-
-
-
307
income
-
-
-
8 944
pensions
-
-
-
14 153
unemployment
-
-
-
6 161
health
-
-
-
5 852
surtax
-
-
-
198
total
-
-
-
35 615
Employee
50 199
40 030
59 249
-
other
501
400
593
-
health
1 942
1 550
2 293
-
income
5 715
2 953
8 309
-
pensions
5 141
4 098
6 067
-
unemployment
1 506
1 201
1 777
-
total
14 805
10 202
19 039
-
Employer
50 199
40 030
59 249
-
accident
652
520
770
-
other
2 385
1 900
2 814
-
chamber of commerce
200
160
236
-
unemployment
1 506
1 201
1 777
-
surtax
198
198
198
-
pensions
6 300
5 025
7 436
-
payroll
1 506
1 201
1 777
-
health
1 897
1 514
2 240
-
total
14 644
11 719
17 248
-
Corporate
11 658
24 751
55 441
-
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.

2 915
6 187
13 860
-
total
2 915
6 187
13 860
-
Dividends
8 743
18 564
-
-
withholding
2 404
5 105
-
-
total
2 404
5 105
-
-
Income
76 500
76 500
76 500
76 500
Total tax
34 768
33 213
50 147
35 615
After tax
41 732
43 287
26 353
40 885
Living cost
35 394
35 394
35 394
35 394
Free-cash
6 338
7 893
-9 041
5 491

Estimated living cost  is ₽35394 per week

₽23606
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3019
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽581
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8187
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽6367
-₽16267
₽1667
-₽5360
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
national
-
-
-
23 618
communal

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

-
-
-
3 951
social contributions
-
-
-
10 640
total
-
-
-
38 209
Employee

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

71 850
-
59 249
-
communal

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

3 748
-
3 090
-
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.

3 376
-
2 783
-
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.

5 389
-
4 443
-
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.

625
-
515
-
national
22 090
-
17 160
-
total
35 228
-
27 991
-
Employer

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

71 850
-
59 249
-
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.

934
-
770
-
unemployment

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

1 048
-
865
-
surtax
8 147
-
6 717
-
pensions

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

6 367
-
5 250
-
health

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

4 419
-
3 643
-
total
20 915
-
17 245
-
Corporate
-
76 500
-
-
surtax
-
307
-
-
income
-
15 301
-
-
total
-
15 608
-
-
Dividends
-
60 892
-
-
withholding

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

-
17 901
-
-
total
-
17 901
-
-
Income
76 500
76 500
76 500
76 500
Total tax
56 143
33 509
45 236
38 209
After tax
20 357
42 991
31 264
38 291
Living cost
36 624
36 624
36 624
36 624
Free-cash
-16 267
6 367
-5 360
1 667

Estimated living cost  is ₽36624 per week

₽23591
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3202
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.
₽9258
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽15322
₽7271
₽4706
₽5249
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
12 568
pensions
-
-
-
21 650
other
-
-
-
76
unemployment
-
-
-
536
total
-
-
-
35 518
Employee
50 000
-
58 004
-
other
50
-
57
-
income
10 550
-
12 799
-
pensions
2 350
-
2 726
-
unemployment
776
-
900
-
total
13 726
-
16 482
-
Employer
50 000
-
58 004
-
accident
989
-
1 149
-
other
398
-
465
-
unemployment
2 751
-
3 191
-
pensions
11 799
-
13 688
-
total
15 937
-
18 493
-
Corporate
10 562
76 500
-
-
income

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

1 584
11 475
-
-
total
1 584
11 475
-
-
Dividends
8 978
65 025
-
-
withholding
1 706
13 427
-
-
total
1 706
13 427
-
-
Income
76 500
76 500
76 500
76 500
Total tax
32 953
24 902
34 975
35 518
After tax
43 547
51 598
41 525
40 982
Living cost
36 276
36 276
36 276
36 276
Free-cash
7 271
15 322
5 249
4 706

Estimated living cost  is ₽36276 per week

₽26713
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2573
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽522
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6466
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽7150
-₽8655
-₽8511
-₽4546
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 500
accident
-
-
-
644
income
-
-
-
4 313
pensions
-
-
-
11 466
health
-
-
-
5 374
surtax
-
-
-
3 793
communal
-
-
-
4 834
total
-
-
-
30 424
Employee
76 068
-
68 332
-
health
3 385
-
3 042
-
surtax
4 662
-
4 188
-
income
7 347
-
5 594
-
pensions
6 085
-
5 467
-
total
21 479
-
18 291
-
Employer
76 068
-
68 332
-
accident
684
-
616
-
pensions
6 085
-
5 467
-
health
2 320
-
2 085
-
total
9 089
-
8 168
-
Corporate
-
76 500
-
-
surtax
-
802
-
-
communal
-
5 164
-
-
income
-
11 475
-
-
total
-
17 441
-
-
Dividends
-
59 059
-
-
income
-
2 764
-
-
withholding
-
8 858
-
-
total
-
11 622
-
-
Income
76 500
76 500
76 500
76 500
Total tax
30 568
29 063
26 459
30 424
After tax
45 932
47 437
50 041
46 076
Living cost
54 587
54 587
54 587
54 587
Free-cash
-8 655
-7 150
-4 546
-8 511

Estimated living cost  is ₽54587 per week

₽40948
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3307
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽578
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9752
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽25555
₽22363
₽19094
₽17401
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 500
income
-
-
-
12 674
pensions
-
-
-
15 301
other
-
-
-
-
unemployment
-
-
-
229
health
-
-
-
5 433
surtax
-
-
-
1 207
total
-
-
-
34 844
Employee
33 827
-
63 197
-
other
-
-
-
-
health
863
-
1 613
-
surtax
120
-
1 077
-
income
5 671
-
11 931
-
pensions
2 257
-
4 215
-
unemployment
2 354
-
4 399
-
total
11 265
-
23 235
-
Employer
33 827
-
63 197
-
other
-
-
-
-
unemployment
1 073
-
2 003
-
pensions
4 510
-
8 423
-
health
1 538
-
2 876
-
total
7 121
-
13 302
-
Corporate
35 552
76 500
-
-
income
9 243
19 891
-
-
total
9 243
19 891
-
-
Dividends
26 308
56 609
-
-
withholding
3 946
8 492
-
-
total
3 946
8 492
-
-
Income
76 500
76 500
76 500
76 500
Total tax
31 575
28 383
36 537
34 844
After tax
44 925
48 117
39 963
41 656
Living cost
22 562
22 562
22 562
22 562
Free-cash
22 363
25 555
17 401
19 094

Estimated living cost  is ₽22562 per week

₽13622
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1961
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽524
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6456
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽13150
₽10924
₽13580
₽9666
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 500
municipal
-
-
-
454
regional
-
-
-
1 154
national
-
-
-
14 578
social contributions
-
-
-
19 676
total
-
-
-
35 862
Employee
55 719
-
76 500
-
social contributions
18 789
-
25 796
-
regional
750
-
1 028
-
municipal
295
-
406
-
national
8 827
-
12 546
-
total
28 661
-
39 776
-
Employer
55 719
-
76 500
-
total
-
-
-
-
Corporate
20 781
76 500
-
-
nationa
4 987
18 360
-
-
municipal
1 033
3 803
-
-
total
6 020
22 163
-
-
Dividends
14 761
54 337
-
-
withholding
3 837
14 129
-
-
total
3 837
14 129
-
-
Income
76 500
76 500
76 500
76 500
Total tax
38 518
36 292
39 776
35 862
After tax
37 982
40 208
36 724
40 638
Living cost
27 058
27 058
27 058
27 058
Free-cash
10 924
13 150
9 666
13 580

Estimated living cost  is ₽27058 per week

₽16828
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2741
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽463
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7026
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽23071
₽12513
₽7661
₽9222
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
10 327
solidarity contribution
-
-
-
-
social contributions
-
-
-
22 338
total
-
-
-
39 240
Employee
43 527
-
57 090
-
social contributions
2 829
-
3 711
-
health
5 876
-
7 707
-
solidarity contribution
-
-
-
-
income
5 223
-
6 851
-
total
13 928
-
18 269
-
Employer
43 527
-
57 090
-
social contributions
10 882
-
14 272
-
health
3 917
-
5 138
-
total
14 799
-
19 410
-
Corporate
18 173
76 500
-
-
income
3 453
14 535
-
-
total
3 453
14 535
-
-
Dividends
14 720
61 965
-
-
withholding
2 208
9 295
-
-
total
2 208
9 295
-
-
Income
76 500
76 500
76 500
76 500
Total tax
34 388
23 830
37 679
39 240
After tax
42 112
52 670
38 821
37 260
Living cost
29 599
29 599
29 599
29 599
Free-cash
12 513
23 071
9 222
7 661

Estimated living cost  is ₽29599 per week

₽22011
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1640
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.
₽5435
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽11347
₽10855
₽9037
-₽5651
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 500
chamber of commerce
-
-
-
307
income
-
-
-
8 944
pensions
-
-
-
14 153
unemployment
-
-
-
6 161
health
-
-
-
5 852
surtax
-
-
-
-
total
-
-
-
35 417
Employee
43 908
40 030
59 404
-
other
438
400
595
-
health
1 698
1 550
2 299
-
income
3 911
2 953
8 353
-
pensions
4 497
4 098
6 083
-
unemployment
1 317
1 201
1 782
-
total
11 861
10 202
19 112
-
Employer
43 908
40 030
59 404
-
accident
570
520
772
-
other
2 085
1 900
2 821
-
chamber of commerce
175
160
238
-
unemployment
1 317
1 201
1 782
-
surtax
-
-
-
-
pensions
5 511
5 025
7 455
-
payroll
1 317
1 201
1 782
-
health
1 660
1 514
2 245
-
total
12 635
11 521
17 095
-
Corporate
19 956
24 949
55 591
-
income

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

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

4 988
6 237
13 898
-
total
4 988
6 237
13 898
-
Dividends
14 967
18 712
-
-
withholding
4 115
5 147
-
-
total
4 115
5 147
-
-
Income
76 500
76 500
76 500
76 500
Total tax
33 599
33 107
50 105
35 417
After tax
42 901
43 393
26 395
41 083
Living cost
32 046
32 046
32 046
32 046
Free-cash
10 855
11 347
-5 651
9 037

Estimated living cost  is ₽32046 per week

₽19224
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3273
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽572
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8978
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽58495
₽55836
₽61555
₽47020
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
17 726
-
76 500
-
income
3 545
-
15 300
-
total
3 545
-
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%.

58 774
76 500
-
-
total
-
-
-
-
Dividends
58 774
76 500
-
-
withholding
2 939
3 825
-
-
total
2 939
3 825
-
-
Income
76 500
76 500
76 500
76 500
Total tax
6 484
3 825
15 300
765
After tax
70 016
72 675
61 200
75 735
Living cost
14 180
14 180
14 180
14 180
Free-cash
55 836
58 495
47 020
61 555

Estimated living cost  is ₽14180 per week

₽9596
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽595
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽476
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3513
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽25729
₽17326
₽13689
₽11495
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
14 258
pensions
-
-
-
13 970
unemployment
-
-
-
114
health
-
-
-
7 527
total
-
-
-
35 869
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.

44 418
-
66 193
-
health
2 869
-
4 277
-
income
7 660
-
13 127
-
pensions
6 885
-
10 259
-
unemployment
63
-
93
-
total
17 477
-
27 756
-
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.

44 418
-
66 193
-
unemployment
27
-
40
-
pensions
3 931
-
5 858
-
health
2 958
-
4 409
-
total
6 916
-
10 307
-
Corporate
25 166
76 500
-
-
income
4 781
14 535
-
-
total
4 781
14 535
-
-
Dividends
20 386
61 965
-
-
withholding
3 058
9 294
-
-
total
3 058
9 294
-
-
Income
76 500
76 500
76 500
76 500
Total tax
32 232
23 829
38 063
35 869
After tax
44 268
52 671
38 437
40 631
Living cost
26 942
26 942
26 942
26 942
Free-cash
17 326
25 729
11 495
13 689

Estimated living cost  is ₽26942 per week

₽18490
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1727
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽522
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6205
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽2981
-₽74034
₽9306
₽19656
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 500
income
-
-
-
14 911
social contributions
-
-
-
8 721
total
-
-
-
23 632
Employee
62 462
-
-
-
social contributions
5 122
-
730
-
income
13 778
-
-
-
total
18 900
-
730
-
Employer
62 462
-
-
-
social contributions
88 072
-
12 552
-
total
88 072
-
12 552
-
Corporate
-
76 500
-
-
income
-
16 830
-
-
total
-
16 830
-
-
Dividends
-
59 670
-
-
income
-
13 127
-
-
total
-
13 127
-
-
Income
76 500
76 500
76 500
76 500
Total tax
106 972
29 957
13 282
23 632
After tax
-30 472
46 543
63 218
52 868
Living cost
43 562
43 562
43 562
43 562
Free-cash
-74 034
2 981
19 656
9 306

Estimated living cost  is ₽43562 per week

₽28265
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4097
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽555
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10645
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽12007
₽10994
₽11906
₽8889
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
6 504
surtax
-
-
-
-
social contributions

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

-
-
-
26 583
total
-
-
-
33 087
Employee
46 198
-
61 819
-
social contributions
5 082
-
6 799
-
surtax
-
-
-
-
income
9 609
-
14 624
-
total
14 691
-
21 423
-
Employer
46 198
-
61 819
-
social contributions
10 972
-
14 681
-
total
10 972
-
14 681
-
Corporate
19 330
76 500
-
-
surtax
-
-
-
-
income
4 060
16 065
-
-
total
4 060
16 065
-
-
Dividends
15 270
60 435
-
-
withholding
4 276
16 921
-
-
total
4 276
16 921
-
-
Income
76 500
76 500
76 500
76 500
Total tax
33 999
32 986
36 104
33 087
After tax
42 501
43 514
40 396
43 413
Living cost
31 507
31 507
31 507
31 507
Free-cash
10 994
12 007
8 889
11 906

Estimated living cost  is ₽31507 per week

₽23574
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1859
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽526
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5549
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽9958
-₽6061
-₽3095
-₽2859
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
4 363
pensions
-
-
-
21 506
other
-
-
-
2 371
health
-
-
-
661
surtax
-
-
-
-
social contributions
-
-
-
2 179
total
-
-
-
31 080
Employee
62 912
-
58 294
-
social contributions
1 792
-
1 660
-
surtax
-
-
-
-
income
5 489
-
4 386
-
pensions
7 116
-
6 592
-
total
14 397
-
12 638
-
Employer
62 912
-
58 294
-
other
2 171
-
2 011
-
social contributions
189
-
175
-
unemployment
2 549
-
2 362
-
pensions
10 337
-
9 577
-
health
4 403
-
4 081
-
total
19 649
-
18 206
-
Corporate
-
76 500
-
-
surtax
-
-
-
-
income
-
21 420
-
-
total
-
21 420
-
-
Dividends
-
55 080
-
-
surtax
-
-
-
-
social contributions
-
9 472
-
-
withholding
-
7 051
-
-
total
-
16 523
-
-
Income
76 500
76 500
76 500
76 500
Total tax
34 046
37 943
30 844
31 080
After tax
42 454
38 557
45 656
45 420
Living cost
48 515
48 515
48 515
48 515
Free-cash
-6 061
-9 958
-2 859
-3 095

Estimated living cost  is ₽48515 per week

₽32834
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3969
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽665
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11046
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38657
₽35280
₽28780
₽30929
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
696
social contributions
-
-
-
16 830
total
-
-
-
17 526
Employee
32 293
-
66 233
-
income
-
-
808
-
social contributions
2 099
-
4 304
-
total
2 099
-
5 112
-
Employer
32 293
-
66 233
-
social contributions
5 006
-
10 265
-
total
5 006
-
10 265
-
Corporate
39 202
76 500
-
-
income
3 921
7 649
-
-
total
3 921
7 649
-
-
Dividends
35 281
68 851
-
-
total
-
-
-
-
Income
76 500
76 500
76 500
76 500
Total tax
11 026
7 649
15 377
17 526
After tax
65 474
68 851
61 123
58 974
Living cost
30 194
30 194
30 194
30 194
Free-cash
35 280
38 657
30 929
28 780

Estimated living cost  is ₽30194 per week

₽19523
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2276
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.
₽7827
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽142345
-₽142345
₽72
-₽142345
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 500
municipal
-
-
-
13 385
pensions
-
-
-
871
national
-
-
-
7 748
labour market
-
-
-
6 050
total
-
-
-
28 054
Employee
204 175
204 175
204 175
-
labour market
16 311
16 311
16 311
-
national
24 944
24 944
24 944
-
municipal
43 478
43 478
43 478
-
pensions
290
290
290
-
total
85 023
85 023
85 023
-
Employer
204 175
204 175
204 175
-
labour market
16 334
16 334
16 334
-
municipal
43 547
43 547
43 547
-
pensions
580
580
580
-
national
24 987
24 987
24 987
-
total
85 448
85 448
85 448
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
76 500
76 500
76 500
76 500
Total tax
170 471
170 471
170 471
28 054
After tax
-93 971
-93 971
-93 971
48 446
Living cost
48 374
48 374
48 374
48 374
Free-cash
-142 345
-142 345
-142 345
72

Estimated living cost  is ₽48374 per week

₽33108
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4279
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽744
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10243
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽15523
₽2866
₽30938
₽17062
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
253
income
-
-
-
16 865
pensions
-
-
-
4 169
other
-
-
-
371
health
-
-
-
2 185
total
-
-
-
23 843
Employee
34 165
-
63 549
-
health
3 912
-
7 276
-
income
4 687
-
10 336
-
pensions
3 847
-
7 156
-
total
12 446
-
24 768
-
Employer
34 165
-
63 549
-
accident
570
-
1 061
-
unemployment
837
-
1 557
-
pensions
5 555
-
10 333
-
total
6 962
-
12 951
-
Corporate
35 372
76 500
-
-
income

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

31 835
68 850
-
-
total
31 835
68 850
-
-
Dividends
3 537
7 650
-
-
withholding
672
1 454
-
-
total
672
1 454
-
-
Income
76 500
76 500
76 500
76 500
Total tax
51 915
70 304
37 719
23 843
After tax
24 585
6 196
38 781
52 657
Living cost
21 719
21 719
21 719
21 719
Free-cash
2 866
-15 523
17 062
30 938

Estimated living cost  is ₽21719 per week

₽15809
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1238
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽408
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4264
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽13632
₽9470
₽18153
₽6972
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
76 500
municipal
-
-
-
13 633
health
-
-
-
759
national
-
-
-
5 391
total
-
-
-
19 783
Employee
52 847
-
64 356
-
health
395
-
572
-
municipal
8 656
-
10 526
-
pensions
3 566
-
4 344
-
unemployment
793
-
965
-
national
873
-
2 413
-
total
14 283
-
18 820
-
Employer
52 847
-
64 356
-
accident
53
-
65
-
unemployment
343
-
417
-
pensions
9 169
-
11 166
-
health
406
-
496
-
total
9 971
-
12 144
-
Corporate
13 682
76 500
-
-
income
2 735
15 301
-
-
total
2 735
15 301
-
-
Dividends

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

8 210
45 899
-
-
national
-
742
-
-
municipal
1 477
8 261
-
-
total
1 477
9 003
-
-
Income
76 500
76 500
76 500
76 500
Total tax
28 466
24 304
30 964
19 783
After tax
48 034
52 196
45 536
56 717
Living cost
38 564
38 564
38 564
38 564
Free-cash
9 470
13 632
6 972
18 153

Estimated living cost  is ₽38564 per week

₽25190
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3709
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽614
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9052
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽30531
₽27413
₽33808
₽31868
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 500
income
-
-
-
5 551
health
-
-
-
1 950
social contributions
-
-
-
11 935
total
-
-
-
19 436
Employee
77 239
77 239
77 239
-
social contributions
2 920
6 410
5 764
-
health
599
1 313
1 180
-
income
8 410
7 150
7 383
-
total
11 929
14 873
14 327
-
Employer
77 239
77 239
77 239
-
social contributions
2 920
6 410
5 764
-
health
650
1 430
1 285
-
total
3 570
7 840
7 049
-
Corporate
37 745
-
-
-
income
4 718
-
-
-
total
4 718
-
-
-
Dividends
33 027
-
-
-
withholding
5 614
-
-
-
total
5 614
-
-
-
Income
76 500
76 500
76 500
76 500
Total tax
25 831
22 713
21 376
19 436
After tax
50 669
53 787
55 124
57 064
Living cost
23 256
23 256
23 256
23 256
Free-cash
27 413
30 531
31 868
33 808

Estimated living cost  is ₽23256 per week

₽13938
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2282
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽515
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6523
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47401
₽42293
₽43545
₽31319
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

  • up to €9,000.00, 60% of the average monthly wage in Montenegro
  • up to €15,000.00, 100% of the average monthly wage in Montenegro
  • in excess of €15,000, 150% of the average monthly wage in Montenegro
-
-
-
76 500
income
-
-
-
6 954
pensions
-
-
-
6 389
unemployment
-
-
-
29
health
-
-
-
3 635
total
-
-
-
17 007
Employee

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

23 056
-
69 356
-
health
1 960
-
5 896
-
income
1 576
-
5 442
-
pensions
3 458
-
10 404
-
unemployment
114
-
347
-
total
7 108
-
22 089
-
Employer

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

23 056
-
69 356
-
unemployment
114
-
347
-
pensions
1 268
-
3 814
-
health
991
-
2 983
-
total
2 373
-
7 144
-
Corporate
51 071
76 500
-
-
income
4 596
6 885
-
-
total
4 596
6 885
-
-
Dividends
46 475
69 615
-
-
withholding
4 182
6 266
-
-
total
4 182
6 266
-
-
Income
76 500
76 500
76 500
76 500
Total tax
18 259
13 151
29 233
17 007
After tax
58 241
63 349
47 267
59 493
Living cost
15 948
15 948
15 948
15 948
Free-cash
42 293
47 401
31 319
43 545

Estimated living cost  is ₽15948 per week

₽10175
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1149
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽475
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4148
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Podgorica model

Close
Valencia , Spain
₽23976
₽18708
₽13360
₽13903
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
12 568
pensions
-
-
-
21 650
other
-
-
-
76
unemployment
-
-
-
536
total
-
-
-
35 518
Employee
37 141
-
58 004
-
other
36
-
57
-
income
7 161
-
12 799
-
pensions
1 746
-
2 726
-
unemployment
576
-
900
-
total
9 519
-
16 482
-
Employer
37 141
-
58 004
-
accident
736
-
1 149
-
other
297
-
465
-
unemployment
2 043
-
3 191
-
pensions
8 765
-
13 688
-
total
11 841
-
18 493
-
Corporate
27 518
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.

4 127
11 475
-
-
total
4 127
11 475
-
-
Dividends
23 391
65 025
-
-
withholding
4 683
13 427
-
-
total
4 683
13 427
-
-
Income
76 500
76 500
76 500
76 500
Total tax
30 170
24 902
34 975
35 518
After tax
46 330
51 598
41 525
40 982
Living cost
27 622
27 622
27 622
27 622
Free-cash
18 708
23 976
13 903
13 360

Estimated living cost  is ₽27622 per week

₽18644
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2655
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.
₽5839
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽44986
₽44535
₽45360
₽45164
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
24 929
pensions
-
-
-
2 006
health
-
-
-
1 455
total
-
-
-
28 390
Employee
4 189
-
74 243
-
health
209
-
502
-
income
810
-
24 824
-
pensions
377
-
903
-
unemployment
42
-
100
-
total
1 438
-
26 329
-
Employer
4 189
-
74 243
-
unemployment
84
-
201
-
pensions
461
-
1 103
-
health
398
-
953
-
total
943
-
2 257
-
Corporate
71 368
76 500
-
-
income
15 701
16 830
-
-
total
15 701
16 830
-
-
Dividends
55 667
59 670
-
-
withholding
11 133
11 934
-
-
total
11 133
11 934
-
-
Income
76 500
76 500
76 500
76 500
Total tax
29 215
28 764
28 586
28 390
After tax
47 285
47 736
47 914
48 110
Living cost
2 750
2 750
2 750
2 750
Free-cash
44 535
44 986
45 164
45 360

Estimated living cost  is ₽2750 per week

₽1635
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽223
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽63
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽830
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽37901
₽32961
₽20207
₽22500
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
10 866
pensions
-
-
-
19 299
unemployment
-
-
-
1 113
health
-
-
-
7 645
total
-
-
-
38 923
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.

26 193
-
64 885
-
health
1 349
-
3 342
-
income
3 610
-
12 102
-
pensions
3 667
-
9 084
-
unemployment
196
-
487
-
total
8 822
-
25 015
-
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.

26 193
-
64 885
-
unemployment
196
-
487
-
pensions
3 143
-
7 786
-
health
1 349
-
3 342
-
total
4 688
-
11 615
-
Corporate
45 619
76 500
-
-
income
6 843
11 475
-
-
total
6 843
11 475
-
-
Dividends
38 776
65 025
-
-
withholding
5 816
9 754
-
-
total
5 816
9 754
-
-
Income
76 500
76 500
76 500
76 500
Total tax
26 169
21 229
36 630
38 923
After tax
50 331
55 271
39 870
37 577
Living cost
17 370
17 370
17 370
17 370
Free-cash
32 961
37 901
22 500
20 207

Estimated living cost  is ₽17370 per week

₽11695
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1344
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽503
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3828
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽16434
₽16071
₽16333
₽13316
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
6 504
surtax
-
-
-
-
social contributions

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

-
-
-
26 583
total
-
-
-
33 087
Employee
38 986
-
61 819
-
social contributions
4 289
-
6 799
-
surtax
-
-
-
-
income
7 618
-
14 624
-
total
11 907
-
21 423
-
Employer
38 986
-
61 819
-
social contributions
9 258
-
14 681
-
total
9 258
-
14 681
-
Corporate
28 256
76 500
-
-
surtax
-
-
-
-
income
5 934
16 065
-
-
total
5 934
16 065
-
-
Dividends
22 322
60 435
-
-
withholding
6 250
16 921
-
-
total
6 250
16 921
-
-
Income
76 500
76 500
76 500
76 500
Total tax
33 349
32 986
36 104
33 087
After tax
43 151
43 514
40 396
43 413
Living cost
27 080
27 080
27 080
27 080
Free-cash
16 071
16 434
13 316
16 333

Estimated living cost  is ₽27080 per week

₽19180
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1881
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.
₽5539
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽16296
₽8620
₽5680
₽6223
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
12 568
pensions
-
-
-
21 650
other
-
-
-
76
unemployment
-
-
-
536
total
-
-
-
35 518
Employee
48 511
-
58 004
-
other
48
-
57
-
income
10 132
-
12 799
-
pensions
2 280
-
2 726
-
unemployment
751
-
900
-
total
13 211
-
16 482
-
Employer
48 511
-
58 004
-
accident
961
-
1 149
-
other
389
-
465
-
unemployment
2 669
-
3 191
-
pensions
11 448
-
13 688
-
total
15 467
-
18 493
-
Corporate
12 522
76 500
-
-
income

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

1 878
11 475
-
-
total
1 878
11 475
-
-
Dividends
10 644
65 025
-
-
withholding
2 022
13 427
-
-
total
2 022
13 427
-
-
Income
76 500
76 500
76 500
76 500
Total tax
32 578
24 902
34 975
35 518
After tax
43 922
51 598
41 525
40 982
Living cost
35 302
35 302
35 302
35 302
Free-cash
8 620
16 296
6 223
5 680

Estimated living cost  is ₽35302 per week

₽25352
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2745
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽498
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6708
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽48131
₽42013
₽38383
₽40300
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions

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

-
-
-
5 192
unemployment
-
-
-
140
health
-
-
-
4 034
total
-
-
-
20 841
Employee
22 876
-
69 617
-
health
1 052
-
1 614
-
accident

We are using the highest rate at 1.1%.

251
-
386
-
income
2 288
-
6 961
-
pensions

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

2 008
-
3 080
-
total
5 599
-
12 041
-
Employer
22 876
-
69 617
-
accident

We are using the highest rate at 1.1%.

251
-
386
-
unemployment
137
-
210
-
pensions

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

2 521
-
3 866
-
health
1 579
-
2 421
-
total
4 488
-
6 883
-
Corporate
49 135
76 500
-
-
income
4 913
7 650
-
-
total
4 913
7 650
-
-
Dividends
44 222
68 850
-
-
withholding
2 211
3 443
-
-
total
2 211
3 443
-
-
Income
76 500
76 500
76 500
76 500
Total tax
17 211
11 093
18 924
20 841
After tax
59 289
65 407
57 576
55 659
Living cost
17 276
17 276
17 276
17 276
Free-cash
42 013
48 131
40 300
38 383

Estimated living cost  is ₽17276 per week

₽11426
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽989
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽412
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4449
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽755
₽13896
₽13685
₽17961
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
76 500
trade
-
-
-
4 276
income

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

-
-
-
12 224
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.

-
-
-
6 862
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.

-
-
-
673
total
-
-
-
24 035
Employee

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

49 979
-
76 500
-
health

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

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

6 862
-
6 862
-
surtax

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

227
-
673
-
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.

4 110
-
12 224
-
total
11 199
-
19 759
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
26 521
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.

219
631
-
-
income
3 978
11 475
-
-
trade
3 807
10 978
-
-
chamber of commerce
191
265
-
-
total
8 195
23 349
-
-
Dividends
18 327
53 151
-
-
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.

231
709
-
-
withholding
4 199
12 907
-
-
total
4 430
13 616
-
-
Income
76 500
76 500
76 500
76 500
Total tax
23 824
36 965
19 759
24 035
After tax
52 676
39 535
56 741
52 465
Living cost
38 780
38 780
38 780
38 780
Free-cash
13 896
755
17 961
13 685

Estimated living cost  is ₽38780 per week

₽26751
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4173
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.
₽7293
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽3669
-₽2073
-₽1015
-₽1015
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
13 997
social contributions
-
-
-
6 299
total
-
-
-
20 296
Employee
78 572
-
76 500
-
income
14 826
-
13 997
-
social contributions
6 528
-
6 299
-
total
21 354
-
20 296
-
Employer
78 572
-
76 500
-
total
-
-
-
-
Corporate
-
76 500
-
-
income
-
9 563
-
-
total
-
9 563
-
-
Dividends
-
66 937
-
-
withholding
-
13 387
-
-
total
-
13 387
-
-
Income
76 500
76 500
76 500
76 500
Total tax
21 354
22 950
20 296
20 296
After tax
55 146
53 550
56 204
56 204
Living cost
57 219
57 219
57 219
57 219
Free-cash
-2 073
-3 669
-1 015
-1 015

Estimated living cost  is ₽57219 per week

₽43531
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4662
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽547
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8479
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽7956
₽13774
₽4713
₽19347
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We use The Residence Programme or The Global Residence Programme.

-
-
-
76 500
income
-
-
-
28 593
health

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

-
-
-
6 731
total
-
-
-
35 324
Employee
46 079
-
71 879
-
income
5 000
-
11 448
-
social contributions
4 617
-
4 621
-
total
9 617
-
16 069
-
Employer
46 079
-
71 879
-
social contributions
4 617
-
4 621
-
total
4 617
-
4 621
-
Corporate
25 804
76 500
-
-
income
9 031
26 774
-
-
total
9 031
26 774
-
-
Dividends
16 773
49 726
-
-
social contributions
2 998
5 307
-
-
total
2 998
5 307
-
-
Income
76 500
76 500
76 500
76 500
Total tax
26 263
32 081
20 690
35 324
After tax
50 237
44 419
55 810
41 176
Living cost
36 463
36 463
36 463
36 463
Free-cash
13 774
7 956
19 347
4 713

Estimated living cost  is ₽36463 per week

₽24018
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2875
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽559
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9010
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽20056
₽14394
₽19770
₽11417
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
14 257
pensions
-
-
-
5 210
total
-
-
-
19 467
Employee
51 149
-
67 753
-
health
667
-
1 007
-
income
9 315
-
12 169
-
pensions
3 904
-
5 897
-
total
13 886
-
19 073
-
Employer
51 149
-
67 753
-
pensions
5 168
-
7 459
-
health
972
-
1 288
-
total
6 140
-
8 747
-
Corporate
19 211
76 500
-
-
income

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

3 650
14 535
-
-
total
3 650
14 535
-
-
Dividends
15 561
61 965
-
-
withholding
1 167
4 646
-
-
total
1 167
4 646
-
-
Income
76 500
76 500
76 500
76 500
Total tax
24 843
19 181
27 820
19 467
After tax
51 657
57 319
48 680
57 033
Living cost
37 263
37 263
37 263
37 263
Free-cash
14 394
20 056
11 417
19 770

Estimated living cost  is ₽37263 per week

₽25562
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3427
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽466
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7806
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽17673
₽2534
₽28788
₽14912
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
253
income
-
-
-
16 865
pensions
-
-
-
4 169
other
-
-
-
371
health
-
-
-
2 185
total
-
-
-
23 843
Employee
37 547
-
63 549
-
health
4 299
-
7 276
-
income
5 151
-
10 336
-
pensions
4 228
-
7 156
-
total
13 678
-
24 768
-
Employer
37 547
-
63 549
-
accident
627
-
1 061
-
unemployment
920
-
1 557
-
pensions
6 105
-
10 333
-
total
7 652
-
12 951
-
Corporate
31 302
76 500
-
-
income

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

28 172
68 850
-
-
total
28 172
68 850
-
-
Dividends
3 130
7 650
-
-
withholding
595
1 454
-
-
total
595
1 454
-
-
Income
76 500
76 500
76 500
76 500
Total tax
50 097
70 304
37 719
23 843
After tax
26 403
6 196
38 781
52 657
Living cost
23 869
23 869
23 869
23 869
Free-cash
2 534
-17 673
14 912
28 788

Estimated living cost  is ₽23869 per week

₽17517
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1391
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽481
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4480
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽51459
₽46575
₽30803
₽30803
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
work injury
-
-
-
382
health insurance
-
-
-
5 661
income
-
-
-
11 094
pensions
-
-
-
14 076
unemployment
-
-
-
918
total
-
-
-
32 131
Employee

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

21 706
-
76 500
-
work injury
109
-
382
-
income
2 171
-
11 094
-
pensions
3 994
-
14 076
-
health insurance
1 606
-
5 661
-
unemployment
260
-
918
-
total
8 140
-
32 131
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
54 794
76 500
-
-
income

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

-
-
-
-
total
-
-
-
-
Dividends
54 794
76 500
-
-
withholding
8 219
11 475
-
-
total
8 219
11 475
-
-
Income
76 500
76 500
76 500
76 500
Total tax
16 359
11 475
32 131
32 131
After tax
60 141
65 025
44 369
44 369
Living cost
13 566
13 566
13 566
13 566
Free-cash
46 575
51 459
30 803
30 803

Estimated living cost  is ₽13566 per week

₽8404
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽986
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽423
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3753
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽280
-₽8144
₽413
-₽3413
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 500
municipal
-
-
-
511
regional
-
-
-
1 306
national
-
-
-
14 578
social contributions
-
-
-
19 676
total
-
-
-
36 071
Employee
84 643
-
76 500
-
social contributions
28 541
-
25 796
-
regional
1 278
-
1 099
-
municipal
505
-
456
-
national
14 304
-
12 546
-
total
44 628
-
39 897
-
Employer
84 643
-
76 500
-
total
-
-
-
-
Corporate
-
76 500
-
-
nationa
-
18 360
-
-
municipal
-
3 687
-
-
total
-
22 047
-
-
Dividends
-
54 453
-
-
withholding
-
14 157
-
-
total
-
14 157
-
-
Income
76 500
76 500
76 500
76 500
Total tax
44 628
36 204
39 897
36 071
After tax
31 872
40 296
36 603
40 429
Living cost
40 016
40 016
40 016
40 016
Free-cash
-8 144
280
-3 413
413

Estimated living cost  is ₽40016 per week

₽28108
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2753
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽604
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8549
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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