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
₽ 77000
per

Your estimated
City
free-cash

Dresden , Germany
₽8434
₽19597
₽21794
₽26532
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
77 000
trade
-
-
-
4 738
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.

-
-
-
12 329
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.

-
-
-
6 894
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.

-
-
-
678
total
-
-
-
24 639
Employee

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

38 599
-
77 000
-
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.

6 894
-
6 894
-
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
-
678
-
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.

1 078
-
12 329
-
total
8 031
-
19 901
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
38 401
77 000
-
-
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.

316
636
-
-
income
5 761
11 550
-
-
trade
6 048
12 128
-
-
chamber of commerce
209
264
-
-
total
12 334
24 578
-
-
Dividends
26 067
52 421
-
-
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.

337
699
-
-
withholding
6 134
12 722
-
-
total
6 471
13 421
-
-
Income
77 000
77 000
77 000
77 000
Total tax
26 836
37 999
19 901
24 639
After tax
50 164
39 001
57 099
52 361
Living cost
30 567
30 567
30 567
30 567
Free-cash
19 597
8 434
26 532
21 794

Estimated living cost  is ₽30567 per week

₽19228
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3564
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽571
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7205
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽2946
-₽9224
-₽3760
-₽3156
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
77 000
municipal
-
-
-
7 726
pensions
-
-
-
9 240
national
-
-
-
11 972
social contributions
-
-
-
828
total
-
-
-
29 766
Employee
79 050
-
66 566
-
municipal
9 764
-
8 024
-
pensions
3 162
-
2 663
-
national
15 130
-
12 434
-
total
28 056
-
23 121
-
Employer
79 050
-
66 566
-
social contributions
850
-
716
-
pensions
6 324
-
5 325
-
total
7 174
-
6 041
-
Corporate
-
77 000
-
-
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%.

-
15 400
-
-
total
-
15 400
-
-
Dividends
-
61 600
-
-
withholding
-
13 552
-
-
total
-
13 552
-
-
Income
77 000
77 000
77 000
77 000
Total tax
35 230
28 952
29 162
29 766
After tax
41 770
48 048
47 838
47 234
Living cost
50 994
50 994
50 994
50 994
Free-cash
-9 224
-2 946
-3 156
-3 760

Estimated living cost  is ₽50994 per week

₽34660
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4740
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽763
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10830
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽40606
₽32327
₽20382
₽22681
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
77 000
microenterprise
-
-
-
-
income
-
-
-
10 868
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.

-
-
-
24 755
total
-
-
-
35 623
Employee
29 489
-
62 051
-
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.

3 244
-
6 825
-
surtax
-
-
-
-
income
5 249
-
11 552
-
total
8 493
-
18 377
-
Employer
29 489
-
62 051
-
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.

7 103
-
14 947
-
surtax
-
-
-
-
total
7 103
-
14 947
-
Corporate
40 408
77 000
-
-
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%.

8 082
15 399
-
-
total
8 082
15 399
-
-
Dividends

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

32 326
61 601
-
-
total
-
-
-
-
Income
77 000
77 000
77 000
77 000
Total tax
23 678
15 399
33 324
35 623
After tax
53 322
61 601
43 676
41 377
Living cost
20 995
20 995
20 995
20 995
Free-cash
32 327
40 606
22 681
20 382

Estimated living cost  is ₽20995 per week

₽13394
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1999
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5125
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽17547
-₽23212
₽1565
-₽23212
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
77 000
income
-
-
-
10 607
pensions
-
-
-
11 824
health
-
-
-
10 728
total
-
-
-
33 159
Employee
86 180
86 180
86 180
-
health
13 228
11 251
13 228
-
income

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

14 106
14 106
14 106
-
pensions
15 512
11 824
15 512
-
total
42 846
37 181
42 846
-
Employer
86 180
86 180
86 180
-
unemployment
3 102
3 102
3 102
-
pensions
5 998
5 998
5 998
-
health
5 990
5 990
5 990
-
total
15 090
15 090
15 090
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
77 000
77 000
77 000
77 000
Total tax
57 936
52 271
57 936
33 159
After tax
19 064
24 729
19 064
43 841
Living cost
42 276
42 276
42 276
42 276
Free-cash
-23 212
-17 547
-23 212
1 565

Estimated living cost  is ₽42276 per week

₽29960
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3811
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽672
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7833
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽3050
₽2175
-₽608
₽2127
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
77 000
municipal
-
-
-
16 309
accident
-
-
-
154
pensions
-
-
-
8 324
other
-
-
-
8 947
unemployment
-
-
-
77
health
-
-
-
4 805
national
-
-
-
-
total
-
-
-
38 616
Employee
55 560
-
58 591
-
municipal
16 568
-
17 472
-
national
-
-
-
-
total
16 568
-
17 472
-
Employer
55 560
-
58 591
-
accident
111
-
117
-
other
6 456
-
6 808
-
unemployment
1 467
-
1 547
-
pensions
6 006
-
6 334
-
health
3 417
-
3 603
-
total
17 457
-
18 409
-
Corporate
3 983
77 000
-
-
income
876
16 940
-
-
total
876
16 940
-
-
Dividends
3 107
60 060
-
-
withholding
932
18 018
-
-
total
932
18 018
-
-
Income
77 000
77 000
77 000
77 000
Total tax
35 833
34 958
35 881
38 616
After tax
41 167
42 042
41 119
38 384
Living cost
38 992
38 992
38 992
38 992
Free-cash
2 175
3 050
2 127
-608

Estimated living cost  is ₽38992 per week

₽25842
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3826
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.
₽8731
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽1041
₽13141
₽12505
₽17454
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
77 000
trade
-
-
-
4 949
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.

-
-
-
12 329
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.

-
-
-
6 894
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.

-
-
-
678
total
-
-
-
24 850
Employee

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

51 178
-
77 000
-
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.

6 894
-
6 894
-
surtax

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

241
-
678
-
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.

4 397
-
12 329
-
total
11 532
-
19 901
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
25 822
77 000
-
-
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
636
-
-
income
3 874
11 550
-
-
trade
4 248
12 667
-
-
chamber of commerce
190
262
-
-
total
8 525
25 115
-
-
Dividends
17 298
51 885
-
-
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.

216
693
-
-
withholding
3 941
12 588
-
-
total
4 157
13 281
-
-
Income
77 000
77 000
77 000
77 000
Total tax
24 214
38 396
19 901
24 850
After tax
52 786
38 604
57 099
52 150
Living cost
39 645
39 645
39 645
39 645
Free-cash
13 141
-1 041
17 454
12 505

Estimated living cost  is ₽39645 per week

₽26515
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4181
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.
₽8358
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽21445
₽19582
₽24686
₽22766
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
77 000
income
-
-
-
5 606
health
-
-
-
1 963
social contributions
-
-
-
12 012
total
-
-
-
19 581
Employee
77 601
77 601
77 601
-
social contributions
3 771
6 441
5 803
-
health
772
1 320
1 189
-
income
8 149
7 184
7 413
-
total
12 692
14 945
14 405
-
Employer
77 601
77 601
77 601
-
social contributions
3 771
6 441
5 803
-
health
841
1 436
1 293
-
total
4 612
7 877
7 096
-
Corporate
26 964
-
-
-
income
3 371
-
-
-
total
3 371
-
-
-
Dividends
23 594
-
-
-
withholding
4 010
-
-
-
total
4 010
-
-
-
Income
77 000
77 000
77 000
77 000
Total tax
24 685
22 822
21 501
19 581
After tax
52 315
54 178
55 499
57 419
Living cost
32 733
32 733
32 733
32 733
Free-cash
19 582
21 445
22 766
24 686

Estimated living cost  is ₽32733 per week

₽22376
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2557
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽550
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7251
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽25131
₽25512
₽35006
₽26301
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
77 000
income
-
-
-
9 413
pensions
-
-
-
7 700
unemployment
-
-
-
1 155
health
-
-
-
5 390
total
-
-
-
23 658
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.

26 469
10 534
64 435
-
health
1 853
737
4 510
-
income
3 236
1 288
7 877
-
pensions
2 647
1 053
6 444
-
unemployment
397
158
967
-
total
8 133
3 236
19 798
-
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.

26 469
10 534
64 435
-
pensions
5 161
2 054
12 565
-
total
5 161
2 054
12 565
-
Corporate
45 370
64 412
-
-
income
4 083
5 797
-
-
total
4 083
5 797
-
-
Dividends
41 287
58 615
-
-
social contributions
7 931
11 309
-
-
withholding
7 844
11 137
-
-
total
15 775
22 446
-
-
Income
77 000
77 000
77 000
77 000
Total tax
33 152
33 533
32 363
23 658
After tax
43 848
43 467
44 637
53 342
Living cost
18 336
18 336
18 336
18 336
Free-cash
25 512
25 131
26 301
35 006

Estimated living cost  is ₽18336 per week

₽12513
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1500
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽366
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3957
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽37226
₽30955
₽16897
₽20009
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
77 000
income
-
-
-
10 319
pensions
-
-
-
15 399
health
-
-
-
10 010
total
-
-
-
35 728
Employee
28 629
-
57 548
-
income
3 223
-
11 094
-
pensions
573
-
1 151
-
unemployment
458
-
921
-
total
4 254
-
13 166
-
Employer
28 629
-
57 548
-
unemployment
230
-
460
-
pensions
5 726
-
11 510
-
health
3 721
-
7 480
-
total
9 677
-
19 450
-
Corporate
38 694
77 000
-
-
income
7 739
15 399
-
-
total
7 739
15 399
-
-
Dividends
30 955
61 601
-
-
total
-
-
-
-
Income
77 000
77 000
77 000
77 000
Total tax
21 670
15 399
32 616
35 728
After tax
55 330
61 601
44 384
41 272
Living cost
24 375
24 375
24 375
24 375
Free-cash
30 955
37 226
20 009
16 897

Estimated living cost  is ₽24375 per week

₽16719
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1452
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.
₽5715
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽15835
₽2851
₽30925
₽16935
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
77 000
accident
-
-
-
253
income
-
-
-
17 016
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
24 003
Employee
34 721
-
63 964
-
health
3 975
-
7 324
-
income
4 763
-
10 432
-
pensions
3 910
-
7 202
-
total
12 648
-
24 958
-
Employer
34 721
-
63 964
-
accident
580
-
1 068
-
unemployment
851
-
1 567
-
pensions
5 646
-
10 400
-
total
7 077
-
13 035
-
Corporate
35 203
77 000
-
-
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.

31 683
69 300
-
-
total
31 683
69 300
-
-
Dividends
3 520
7 700
-
-
withholding
669
1 463
-
-
total
669
1 463
-
-
Income
77 000
77 000
77 000
77 000
Total tax
52 077
70 763
37 993
24 003
After tax
24 923
6 237
39 007
52 997
Living cost
22 072
22 072
22 072
22 072
Free-cash
2 851
-15 835
16 935
30 925

Estimated living cost  is ₽22072 per week

₽16177
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1223
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽461
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4212
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64070
₽62368
₽67150
₽52520
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
77 000
microenterprise

A sole-trader will lose its microenterprise status when the turnover exceeds 500,000 GEL for the last two consecutive years.

-
-
-
770
total
-
-
-
770
Employee
11 349
-
77 000
-
income
2 270
-
15 400
-
total
2 270
-
15 400
-
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%.

65 651
77 000
-
-
total
-
-
-
-
Dividends
65 651
77 000
-
-
withholding
3 282
3 850
-
-
total
3 282
3 850
-
-
Income
77 000
77 000
77 000
77 000
Total tax
5 552
3 850
15 400
770
After tax
71 448
73 150
61 600
76 230
Living cost
9 080
9 080
9 080
9 080
Free-cash
62 368
64 070
52 520
67 150

Estimated living cost  is ₽9080 per week

₽5627
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽755
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.
₽2448
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽29683
₽22865
₽14804
₽18242
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
77 000
income
-
-
-
9 780
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.

-
-
-
18 479
other
-
-
-
3 658
health
-
-
-
3 388
total
-
-
-
35 305
Employee
36 642
-
61 503
-
health
513
-
862
-
income
6 308
-
10 587
-
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.

2 564
-
4 305
-
unemployment
366
-
615
-
total
9 751
-
16 369
-
Employer
36 642
-
61 503
-
accident
293
-
492
-
other
1 833
-
3 074
-
unemployment
366
-
615
-
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.

6 230
-
10 455
-
health
513
-
862
-
total
9 235
-
15 498
-
Corporate
31 123
77 000
-
-
income
6 536
16 169
-
-
total
6 536
16 169
-
-
Dividends
24 587
60 831
-
-
withholding
1 722
4 257
-
-
total
1 722
4 257
-
-
Income
77 000
77 000
77 000
77 000
Total tax
27 244
20 426
31 867
35 305
After tax
49 756
56 574
45 133
41 695
Living cost
26 891
26 891
26 891
26 891
Free-cash
22 865
29 683
18 242
14 804

Estimated living cost  is ₽26891 per week

₽19000
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1816
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽433
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5642
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽10033
-₽31956
-₽10316
-₽18720
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
77 000
income
-
-
-
14 351
pensions
-
-
-
5 239
total
-
-
-
19 590
Employee
95 822
-
68 202
-
health
1 579
-
1 013
-
income
17 273
-
12 253
-
pensions
9 244
-
5 930
-
total
28 096
-
19 196
-
Employer
95 822
-
68 202
-
pensions
11 314
-
7 502
-
health
1 820
-
1 296
-
total
13 134
-
8 798
-
Corporate
-
77 000
-
-
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.

-
14 630
-
-
total
-
14 630
-
-
Dividends
-
62 370
-
-
withholding
-
4 677
-
-
total
-
4 677
-
-
Income
77 000
77 000
77 000
77 000
Total tax
41 230
19 307
27 994
19 590
After tax
35 770
57 693
49 006
57 410
Living cost
67 726
67 726
67 726
67 726
Free-cash
-31 956
-10 033
-18 720
-10 316

Estimated living cost  is ₽67726 per week

₽50749
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7957
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽551
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8470
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

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
₽52596
₽47906
₽42794
₽44725
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
77 000
income
-
-
-
11 550
pensions

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

-
-
-
5 220
unemployment
-
-
-
141
health
-
-
-
4 056
total
-
-
-
20 967
Employee
17 531
-
70 080
-
health
806
-
1 622
-
accident

We are using the highest rate at 1.1%.

193
-
388
-
income
1 753
-
7 008
-
pensions

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

1 539
-
3 097
-
total
4 291
-
12 115
-
Employer
17 531
-
70 080
-
accident

We are using the highest rate at 1.1%.

193
-
388
-
unemployment
105
-
212
-
pensions

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

1 932
-
3 887
-
health
1 210
-
2 434
-
total
3 440
-
6 921
-
Corporate
56 029
77 000
-
-
income
5 603
7 700
-
-
total
5 603
7 700
-
-
Dividends
50 426
69 300
-
-
withholding
2 521
3 465
-
-
total
2 521
3 465
-
-
Income
77 000
77 000
77 000
77 000
Total tax
15 855
11 165
19 036
20 967
After tax
61 145
65 835
57 964
56 033
Living cost
13 239
13 239
13 239
13 239
Free-cash
47 906
52 596
44 725
42 794

Estimated living cost  is ₽13239 per week

₽7729
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽945
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽351
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4214
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽31232
-₽32946
-₽12120
-₽36897
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
77 000
income
-
-
-
10 607
pensions
-
-
-
11 824
health
-
-
-
10 728
total
-
-
-
33 159
Employee
93 564
86 180
86 180
-
health
11 673
11 251
13 228
-
income

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

14 106
14 106
14 106
-
pensions
11 824
11 824
15 512
-
total
37 603
37 181
42 846
-
Employer
93 564
86 180
86 180
-
unemployment
3 369
3 102
3 102
-
pensions
6 511
5 998
5 998
-
health
6 502
5 990
5 990
-
total
16 382
15 090
15 090
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
77 000
77 000
77 000
77 000
Total tax
53 985
52 271
57 936
33 159
After tax
23 015
24 729
19 064
43 841
Living cost
55 961
55 961
55 961
55 961
Free-cash
-32 946
-31 232
-36 897
-12 120

Estimated living cost  is ₽55961 per week

₽41280
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4998
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽642
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9041
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28844
₽20222
₽13332
₽14903
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
77 000
income
-
-
-
6 618
health
-
-
-
10 395
solidarity contribution
-
-
-
-
social contributions
-
-
-
22 484
total
-
-
-
39 497
Employee
35 546
-
57 463
-
social contributions
2 310
-
3 735
-
health
4 799
-
7 757
-
solidarity contribution
-
-
-
-
income
4 265
-
6 896
-
total
11 374
-
18 388
-
Employer
35 546
-
57 463
-
social contributions
8 886
-
14 366
-
health
3 199
-
5 172
-
total
12 085
-
19 538
-
Corporate
29 369
77 000
-
-
income
5 580
14 630
-
-
total
5 580
14 630
-
-
Dividends
23 789
62 370
-
-
withholding
3 568
9 355
-
-
total
3 568
9 355
-
-
Income
77 000
77 000
77 000
77 000
Total tax
32 607
23 985
37 926
39 497
After tax
44 393
53 015
39 074
37 503
Living cost
24 171
24 171
24 171
24 171
Free-cash
20 222
28 844
14 903
13 332

Estimated living cost  is ₽24171 per week

₽16789
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1720
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.
₽5187
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽1502
-₽12689
-₽1341
-₽5293
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
77 000
municipal
-
-
-
458
regional
-
-
-
808
national
-
-
-
14 687
social contributions
-
-
-
19 804
total
-
-
-
35 757
Employee
89 690
-
77 000
-
social contributions
30 243
-
25 965
-
regional
846
-
706
-
municipal
475
-
408
-
national
15 541
-
12 630
-
total
47 105
-
39 709
-
Employer
89 690
-
77 000
-
total
-
-
-
-
Corporate
-
77 000
-
-
nationa
-
18 481
-
-
municipal
-
3 003
-
-
total
-
21 484
-
-
Dividends
-
55 516
-
-
withholding
-
14 434
-
-
total
-
14 434
-
-
Income
77 000
77 000
77 000
77 000
Total tax
47 105
35 918
39 709
35 757
After tax
29 895
41 082
37 291
41 243
Living cost
42 584
42 584
42 584
42 584
Free-cash
-12 689
-1 502
-5 293
-1 341

Estimated living cost  is ₽42584 per week

₽29684
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2792
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽653
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9453
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Milan model

Close
Thessaloniki , Greece
₽26163
₽23023
₽19652
₽17947
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
77 000
income
-
-
-
12 766
pensions
-
-
-
15 399
other
-
-
-
-
unemployment
-
-
-
230
health
-
-
-
5 466
surtax
-
-
-
1 218
total
-
-
-
35 079
Employee
33 373
-
63 610
-
other
-
-
-
-
health
852
-
1 622
-
surtax
109
-
1 088
-
income
5 594
-
12 015
-
pensions
2 225
-
4 242
-
unemployment
2 323
-
4 428
-
total
11 103
-
23 395
-
Employer
33 373
-
63 610
-
other
-
-
-
-
unemployment
1 057
-
2 017
-
pensions
4 449
-
8 478
-
health
1 519
-
2 894
-
total
7 025
-
13 389
-
Corporate
36 602
77 000
-
-
income
9 516
20 021
-
-
total
9 516
20 021
-
-
Dividends
27 086
56 979
-
-
withholding
4 064
8 547
-
-
total
4 064
8 547
-
-
Income
77 000
77 000
77 000
77 000
Total tax
31 708
28 568
36 784
35 079
After tax
45 292
48 432
40 216
41 921
Living cost
22 269
22 269
22 269
22 269
Free-cash
23 023
26 163
17 947
19 652

Estimated living cost  is ₽22269 per week

₽13616
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2055
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽513
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6084
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽11424
₽3453
₽11141
₽2737
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
77 000
income
-
-
-
14 351
pensions
-
-
-
5 239
total
-
-
-
19 590
Employee
64 218
-
68 202
-
health
932
-
1 013
-
income
11 566
-
12 253
-
pensions
5 451
-
5 930
-
total
17 949
-
19 196
-
Employer
64 218
-
68 202
-
pensions
6 952
-
7 502
-
health
1 220
-
1 296
-
total
8 172
-
8 798
-
Corporate
4 611
77 000
-
-
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.

876
14 630
-
-
total
876
14 630
-
-
Dividends
3 734
62 370
-
-
withholding
281
4 677
-
-
total
281
4 677
-
-
Income
77 000
77 000
77 000
77 000
Total tax
27 278
19 307
27 994
19 590
After tax
49 722
57 693
49 006
57 410
Living cost
46 269
46 269
46 269
46 269
Free-cash
3 453
11 424
2 737
11 141

Estimated living cost  is ₽46269 per week

₽34664
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3468
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.
₽7652
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽41063
-₽20764
-₽11447
-₽15386
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
77 000
city
-
-
-
811
pensions
-
-
-
7 084
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.

-
-
-
1 540
regional
-
-
-
2 176
health
-
-
-
249
national
-
-
-
313
total
-
-
-
12 173
Employee
89 260
-
68 919
-
city
958
-
740
-
regional
2 923
-
1 845
-
health
202
-
155
-
pensions
7 499
-
5 789
-
unemployment
-
-
-
-
national
422
-
260
-
total
12 004
-
8 789
-
Employer
89 260
-
68 919
-
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.

1 785
-
1 379
-
unemployment
-
-
-
-
pensions
7 499
-
5 789
-
health
202
-
155
-
total
9 486
-
7 323
-
Corporate
-
77 000
-
-
regional
-
16 285
-
-
national
-
6 545
-
-
total
-
22 830
-
-
Dividends
-
54 170
-
-
withholding
-
18 959
-
-
total
-
18 959
-
-
Income
77 000
77 000
77 000
77 000
Total tax
21 490
41 789
16 112
12 173
After tax
55 510
35 211
60 888
64 827
Living cost
76 274
76 274
76 274
76 274
Free-cash
-20 764
-41 063
-15 386
-11 447

Estimated living cost  is ₽76274 per week

₽49600
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6845
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽936
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18893
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽8024
₽8345
₽5709
₽10868
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
77 000
trade
-
-
-
5 159
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.

-
-
-
12 329
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.

-
-
-
6 894
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.

-
-
-
678
total
-
-
-
25 060
Employee

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

60 650
-
77 000
-
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.

6 894
-
6 894
-
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.

393
-
678
-
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.

7 132
-
12 329
-
total
14 419
-
19 901
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
16 350
77 000
-
-
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.

134
636
-
-
income
2 453
11 550
-
-
trade
2 804
13 205
-
-
chamber of commerce
176
262
-
-
total
5 567
25 653
-
-
Dividends
10 783
51 347
-
-
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
686
-
-
withholding
2 312
12 454
-
-
total
2 438
13 140
-
-
Income
77 000
77 000
77 000
77 000
Total tax
22 424
38 793
19 901
25 060
After tax
54 576
38 207
57 099
51 940
Living cost
46 231
46 231
46 231
46 231
Free-cash
8 345
-8 024
10 868
5 709

Estimated living cost  is ₽46231 per week

₽33765
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3698
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽601
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8168
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽4283
₽10243
₽11186
₽11419
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
77 000
income
-
-
-
4 397
pensions
-
-
-
21 643
other
-
-
-
2 386
health
-
-
-
666
surtax
-
-
-
-
social contributions
-
-
-
2 195
total
-
-
-
31 287
Employee
43 191
-
58 674
-
social contributions
1 231
-
1 672
-
surtax
-
-
-
-
income
2 549
-
4 420
-
pensions
4 884
-
6 636
-
total
8 664
-
12 728
-
Employer
43 191
-
58 674
-
other
1 490
-
2 024
-
social contributions
130
-
176
-
unemployment
1 748
-
2 377
-
pensions
7 095
-
9 641
-
health
3 024
-
4 108
-
total
13 487
-
18 326
-
Corporate
20 320
77 000
-
-
surtax
-
-
-
-
income
5 690
21 560
-
-
total
5 690
21 560
-
-
Dividends
14 631
55 440
-
-
surtax
-
-
-
-
social contributions
2 516
9 535
-
-
withholding
1 873
7 095
-
-
total
4 389
16 630
-
-
Income
77 000
77 000
77 000
77 000
Total tax
32 230
38 190
31 054
31 287
After tax
44 770
38 810
45 946
45 713
Living cost
34 527
34 527
34 527
34 527
Free-cash
10 243
4 283
11 419
11 186

Estimated living cost  is ₽34527 per week

₽21771
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2808
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽588
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9363
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽7703
₽13306
₽14606
₽14839
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
77 000
income
-
-
-
4 397
pensions
-
-
-
21 643
other
-
-
-
2 386
health
-
-
-
666
surtax
-
-
-
-
social contributions
-
-
-
2 195
total
-
-
-
31 287
Employee
38 554
-
58 674
-
social contributions
1 099
-
1 672
-
surtax
-
-
-
-
income
1 988
-
4 420
-
pensions
4 361
-
6 636
-
total
7 448
-
12 728
-
Employer
38 554
-
58 674
-
other
1 331
-
2 024
-
social contributions
115
-
176
-
unemployment
1 561
-
2 377
-
pensions
6 335
-
9 641
-
health
2 698
-
4 108
-
total
12 040
-
18 326
-
Corporate
26 405
77 000
-
-
surtax
-
-
-
-
income
7 394
21 560
-
-
total
7 394
21 560
-
-
Dividends
19 011
55 440
-
-
surtax
-
-
-
-
social contributions
3 271
9 535
-
-
withholding
2 434
7 095
-
-
total
5 705
16 630
-
-
Income
77 000
77 000
77 000
77 000
Total tax
32 587
38 190
31 054
31 287
After tax
44 413
38 810
45 946
45 713
Living cost
31 107
31 107
31 107
31 107
Free-cash
13 306
7 703
14 839
14 606

Estimated living cost  is ₽31107 per week

₽18040
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3160
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽590
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9317
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽25579
₽26103
₽28052
₽29425
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
77 000
income
-
-
-
11 550
health
-
-
-
5 374
social contributions
-
-
-
10 625
total
-
-
-
27 549
Employee
34 217
-
77 000
-
social contributions
4 723
-
10 625
-
health
2 388
-
5 374
-
income
5 707
-
10 177
-
total
12 818
-
26 176
-
Employer
34 217
-
77 000
-
total
-
-
-
-
Corporate
42 783
77 000
-
-
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%.

2 139
3 849
-
-
total
2 139
3 849
-
-
Dividends
40 644
73 151
-
-
health
2 836
5 106
-
-
social contributions
5 609
10 095
-
-
withholding
6 096
10 972
-
-
total
14 541
26 173
-
-
Income
77 000
77 000
77 000
77 000
Total tax
29 498
30 022
26 176
27 549
After tax
47 502
46 978
50 824
49 451
Living cost
21 399
21 399
21 399
21 399
Free-cash
26 103
25 579
29 425
28 052

Estimated living cost  is ₽21399 per week

₽14321
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1320
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽492
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5265
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽8005
₽6443
₽5585
-₽9055
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
77 000
chamber of commerce
-
-
-
308
income
-
-
-
9 022
pensions
-
-
-
14 245
unemployment
-
-
-
6 190
health
-
-
-
5 891
surtax
-
-
-
199
total
-
-
-
35 855
Employee
50 434
40 217
59 638
-
other
504
402
596
-
health
1 952
1 557
2 308
-
income
5 742
2 967
8 381
-
pensions
5 165
4 117
6 107
-
unemployment
1 513
1 207
1 789
-
total
14 876
10 250
19 181
-
Employer
50 434
40 217
59 638
-
accident
655
523
776
-
other
2 396
1 909
2 832
-
chamber of commerce
201
161
239
-
unemployment
1 513
1 207
1 789
-
surtax
199
199
199
-
pensions
6 329
5 048
7 484
-
payroll
1 513
1 207
1 789
-
health
1 906
1 521
2 254
-
total
14 712
11 775
17 362
-
Corporate
11 854
25 009
55 807
-
income

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

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

2 963
6 253
13 952
-
total
2 963
6 253
13 952
-
Dividends
8 891
18 756
-
-
withholding
2 446
5 157
-
-
total
2 446
5 157
-
-
Income
77 000
77 000
77 000
77 000
Total tax
34 997
33 435
50 495
35 855
After tax
42 003
43 565
26 505
41 145
Living cost
35 560
35 560
35 560
35 560
Free-cash
6 443
8 005
-9 055
5 585

Estimated living cost  is ₽35560 per week

₽23717
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3034
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽584
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8225
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽6478
-₽16199
₽1726
-₽5346
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
77 000
national
-
-
-
23 779
communal

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

-
-
-
3 978
social contributions
-
-
-
10 721
total
-
-
-
38 478
Employee

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

72 187
-
59 639
-
communal

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

3 765
-
3 110
-
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.

3 392
-
2 804
-
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.

5 414
-
4 474
-
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.

628
-
519
-
national
22 193
-
17 283
-
total
35 392
-
28 190
-
Employer

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

72 187
-
59 639
-
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.

938
-
774
-
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.

1 053
-
871
-
surtax
8 185
-
6 764
-
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.

6 396
-
5 284
-
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.

4 439
-
3 667
-
total
21 011
-
17 360
-
Corporate
-
77 000
-
-
surtax
-
308
-
-
income
-
15 399
-
-
total
-
15 707
-
-
Dividends
-
61 292
-
-
withholding

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

-
18 019
-
-
total
-
18 019
-
-
Income
77 000
77 000
77 000
77 000
Total tax
56 403
33 726
45 550
38 478
After tax
20 597
43 274
31 450
38 522
Living cost
36 796
36 796
36 796
36 796
Free-cash
-16 199
6 478
-5 346
1 726

Estimated living cost  is ₽36796 per week

₽23701
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3217
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽576
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9302
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽15489
₽7402
₽4798
₽5342
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
77 000
accident
-
-
-
693
income
-
-
-
12 658
pensions
-
-
-
21 790
other
-
-
-
77
unemployment
-
-
-
538
total
-
-
-
35 756
Employee
50 235
-
58 385
-
other
50
-
57
-
income
10 599
-
12 890
-
pensions
2 361
-
2 744
-
unemployment
779
-
906
-
total
13 789
-
16 597
-
Employer
50 235
-
58 385
-
accident
994
-
1 157
-
other
400
-
467
-
unemployment
2 764
-
3 212
-
pensions
11 855
-
13 779
-
total
16 013
-
18 615
-
Corporate
10 753
77 000
-
-
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.

1 613
11 550
-
-
total
1 613
11 550
-
-
Dividends
9 141
65 450
-
-
withholding
1 737
13 515
-
-
total
1 737
13 515
-
-
Income
77 000
77 000
77 000
77 000
Total tax
33 152
25 065
35 212
35 756
After tax
43 848
51 935
41 788
41 244
Living cost
36 446
36 446
36 446
36 446
Free-cash
7 402
15 489
5 342
4 798

Estimated living cost  is ₽36446 per week

₽26838
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2585
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6496
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽7103
-₽8555
-₽8480
-₽4489
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
77 000
accident
-
-
-
649
income
-
-
-
4 357
pensions
-
-
-
11 540
health
-
-
-
5 408
surtax
-
-
-
3 817
communal
-
-
-
4 866
total
-
-
-
30 637
Employee
76 425
-
68 780
-
health
3 401
-
3 062
-
surtax
4 684
-
4 215
-
income
7 382
-
5 647
-
pensions
6 113
-
5 502
-
total
21 580
-
18 426
-
Employer
76 425
-
68 780
-
accident
688
-
619
-
pensions
6 113
-
5 502
-
health
2 331
-
2 099
-
total
9 132
-
8 220
-
Corporate
-
77 000
-
-
surtax
-
808
-
-
communal
-
5 198
-
-
income
-
11 550
-
-
total
-
17 556
-
-
Dividends
-
59 444
-
-
income
-
2 787
-
-
withholding
-
8 917
-
-
total
-
11 704
-
-
Income
77 000
77 000
77 000
77 000
Total tax
30 712
29 260
26 646
30 637
After tax
46 288
47 740
50 354
46 363
Living cost
54 843
54 843
54 843
54 843
Free-cash
-8 555
-7 103
-4 489
-8 480

Estimated living cost  is ₽54843 per week

₽41140
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3323
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽580
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9798
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽25765
₽22558
₽19254
₽17549
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
77 000
income
-
-
-
12 766
pensions
-
-
-
15 399
other
-
-
-
-
unemployment
-
-
-
230
health
-
-
-
5 466
surtax
-
-
-
1 218
total
-
-
-
35 079
Employee
33 986
-
63 610
-
other
-
-
-
-
health
868
-
1 622
-
surtax
121
-
1 088
-
income
5 697
-
12 015
-
pensions
2 267
-
4 242
-
unemployment
2 365
-
4 428
-
total
11 318
-
23 395
-
Employer
33 986
-
63 610
-
other
-
-
-
-
unemployment
1 078
-
2 017
-
pensions
4 531
-
8 478
-
health
1 545
-
2 894
-
total
7 154
-
13 389
-
Corporate
35 859
77 000
-
-
income
9 323
20 021
-
-
total
9 323
20 021
-
-
Dividends
26 537
56 979
-
-
withholding
3 980
8 547
-
-
total
3 980
8 547
-
-
Income
77 000
77 000
77 000
77 000
Total tax
31 775
28 568
36 784
35 079
After tax
45 225
48 432
40 216
41 921
Living cost
22 667
22 667
22 667
22 667
Free-cash
22 558
25 765
17 549
19 254

Estimated living cost  is ₽22667 per week

₽13685
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1971
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽527
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6486
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽13288
₽11048
₽13705
₽9777
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
77 000
municipal
-
-
-
458
regional
-
-
-
1 161
national
-
-
-
14 687
social contributions
-
-
-
19 804
total
-
-
-
36 110
Employee
55 981
-
77 000
-
social contributions
18 877
-
25 965
-
regional
754
-
1 035
-
municipal
297
-
408
-
national
8 869
-
12 630
-
total
28 797
-
40 038
-
Employer
55 981
-
77 000
-
total
-
-
-
-
Corporate
21 019
77 000
-
-
nationa
5 044
18 481
-
-
municipal
1 044
3 826
-
-
total
6 088
22 307
-
-
Dividends
14 931
54 693
-
-
withholding
3 882
14 220
-
-
total
3 882
14 220
-
-
Income
77 000
77 000
77 000
77 000
Total tax
38 767
36 527
40 038
36 110
After tax
38 233
40 473
36 962
40 890
Living cost
27 185
27 185
27 185
27 185
Free-cash
11 048
13 288
9 777
13 705

Estimated living cost  is ₽27185 per week

₽16907
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2754
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽465
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7059
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽23230
₽12605
₽7718
₽9289
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
77 000
income
-
-
-
6 618
health
-
-
-
10 395
solidarity contribution
-
-
-
-
social contributions
-
-
-
22 484
total
-
-
-
39 497
Employee
43 801
-
57 463
-
social contributions
2 847
-
3 735
-
health
5 913
-
7 757
-
solidarity contribution
-
-
-
-
income
5 256
-
6 896
-
total
14 016
-
18 388
-
Employer
43 801
-
57 463
-
social contributions
10 950
-
14 366
-
health
3 942
-
5 172
-
total
14 892
-
19 538
-
Corporate
18 306
77 000
-
-
income
3 478
14 630
-
-
total
3 478
14 630
-
-
Dividends
14 828
62 370
-
-
withholding
2 224
9 355
-
-
total
2 224
9 355
-
-
Income
77 000
77 000
77 000
77 000
Total tax
34 610
23 985
37 926
39 497
After tax
42 390
53 015
39 074
37 503
Living cost
29 785
29 785
29 785
29 785
Free-cash
12 605
23 230
9 289
7 718

Estimated living cost  is ₽29785 per week

₽22150
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1650
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.
₽5470
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽11474
₽10980
₽9147
-₽5646
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
77 000
chamber of commerce
-
-
-
308
income
-
-
-
9 022
pensions
-
-
-
14 245
unemployment
-
-
-
6 190
health
-
-
-
5 891
surtax
-
-
-
-
total
-
-
-
35 656
Employee
44 114
40 217
59 791
-
other
440
402
598
-
health
1 706
1 557
2 313
-
income
3 930
2 967
8 423
-
pensions
4 518
4 117
6 123
-
unemployment
1 323
1 207
1 794
-
total
11 917
10 250
19 251
-
Employer
44 114
40 217
59 791
-
accident
573
523
778
-
other
2 095
1 909
2 840
-
chamber of commerce
176
161
239
-
unemployment
1 323
1 207
1 794
-
surtax
-
-
-
-
pensions
5 537
5 048
7 503
-
payroll
1 323
1 207
1 794
-
health
1 668
1 521
2 260
-
total
12 695
11 576
17 208
-
Corporate
20 190
25 208
55 961
-
income

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

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

5 048
6 303
13 990
-
total
5 048
6 303
13 990
-
Dividends
15 142
18 905
-
-
withholding
4 163
5 200
-
-
total
4 163
5 200
-
-
Income
77 000
77 000
77 000
77 000
Total tax
33 823
33 329
50 449
35 656
After tax
43 177
43 671
26 551
41 344
Living cost
32 197
32 197
32 197
32 197
Free-cash
10 980
11 474
-5 646
9 147

Estimated living cost  is ₽32197 per week

₽19314
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3288
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽575
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9020
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59001
₽56348
₽62081
₽47451
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
77 000
microenterprise

A sole-trader will lose its microenterprise status when the turnover exceeds 500,000 GEL for the last two consecutive years.

-
-
-
770
total
-
-
-
770
Employee
17 686
-
77 000
-
income
3 537
-
15 400
-
total
3 537
-
15 400
-
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%.

59 314
77 000
-
-
total
-
-
-
-
Dividends
59 314
77 000
-
-
withholding
2 966
3 850
-
-
total
2 966
3 850
-
-
Income
77 000
77 000
77 000
77 000
Total tax
6 503
3 850
15 400
770
After tax
70 497
73 150
61 600
76 230
Living cost
14 149
14 149
14 149
14 149
Free-cash
56 348
59 001
47 451
62 081

Estimated living cost  is ₽14149 per week

₽9575
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽594
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽474
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3505
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽25946
₽17504
₽13818
₽11611
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
77 000
income
-
-
-
14 359
pensions
-
-
-
14 063
unemployment
-
-
-
115
health
-
-
-
7 576
total
-
-
-
36 113
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.

44 626
-
66 626
-
health
2 882
-
4 305
-
income
7 696
-
13 221
-
pensions
6 917
-
10 326
-
unemployment
63
-
94
-
total
17 558
-
27 946
-
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.

44 626
-
66 626
-
unemployment
27
-
40
-
pensions
3 949
-
5 897
-
health
2 972
-
4 437
-
total
6 948
-
10 374
-
Corporate
25 426
77 000
-
-
income
4 832
14 630
-
-
total
4 832
14 630
-
-
Dividends
20 594
62 370
-
-
withholding
3 089
9 355
-
-
total
3 089
9 355
-
-
Income
77 000
77 000
77 000
77 000
Total tax
32 427
23 985
38 320
36 113
After tax
44 573
53 015
38 680
40 887
Living cost
27 069
27 069
27 069
27 069
Free-cash
17 504
25 946
11 611
13 818

Estimated living cost  is ₽27069 per week

₽18577
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1735
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6234
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽3263
-₽73609
₽9629
₽20128
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
77 000
income
-
-
-
15 009
social contributions
-
-
-
8 778
total
-
-
-
23 787
Employee
62 493
-
-
-
social contributions
5 124
-
730
-
income
13 785
-
-
-
total
18 909
-
730
-
Employer
62 493
-
-
-
social contributions
88 116
-
12 558
-
total
88 116
-
12 558
-
Corporate
-
77 000
-
-
income
-
16 940
-
-
total
-
16 940
-
-
Dividends
-
60 060
-
-
income
-
13 213
-
-
total
-
13 213
-
-
Income
77 000
77 000
77 000
77 000
Total tax
107 025
30 153
13 288
23 787
After tax
-30 025
46 847
63 712
53 213
Living cost
43 584
43 584
43 584
43 584
Free-cash
-73 609
3 263
20 128
9 629

Estimated living cost  is ₽43584 per week

₽28279
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4099
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.
₽10650
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽12143
₽11128
₽12035
₽8994
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
77 000
income
-
-
-
6 552
surtax
-
-
-
-
social contributions

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

-
-
-
26 758
total
-
-
-
33 310
Employee
46 415
-
62 223
-
social contributions
5 106
-
6 845
-
surtax
-
-
-
-
income
9 654
-
14 729
-
total
14 760
-
21 574
-
Employer
46 415
-
62 223
-
social contributions
11 023
-
14 777
-
total
11 023
-
14 777
-
Corporate
19 562
77 000
-
-
surtax
-
-
-
-
income
4 108
16 169
-
-
total
4 108
16 169
-
-
Dividends
15 454
60 831
-
-
withholding
4 326
17 033
-
-
total
4 326
17 033
-
-
Income
77 000
77 000
77 000
77 000
Total tax
34 217
33 202
36 351
33 310
After tax
42 783
43 798
40 649
43 690
Living cost
31 655
31 655
31 655
31 655
Free-cash
11 128
12 143
8 994
12 035

Estimated living cost  is ₽31655 per week

₽23684
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1867
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽529
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5575
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽9932
-₽5948
-₽3029
-₽2796
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
77 000
income
-
-
-
4 397
pensions
-
-
-
21 643
other
-
-
-
2 386
health
-
-
-
666
surtax
-
-
-
-
social contributions
-
-
-
2 195
total
-
-
-
31 287
Employee
63 207
-
58 674
-
social contributions
1 800
-
1 672
-
surtax
-
-
-
-
income
5 515
-
4 420
-
pensions
7 149
-
6 636
-
total
14 464
-
12 728
-
Employer
63 207
-
58 674
-
other
2 181
-
2 024
-
social contributions
190
-
176
-
unemployment
2 561
-
2 377
-
pensions
10 386
-
9 641
-
health
4 424
-
4 108
-
total
19 742
-
18 326
-
Corporate
-
77 000
-
-
surtax
-
-
-
-
income
-
21 560
-
-
total
-
21 560
-
-
Dividends
-
55 440
-
-
surtax
-
-
-
-
social contributions
-
9 535
-
-
withholding
-
7 095
-
-
total
-
16 630
-
-
Income
77 000
77 000
77 000
77 000
Total tax
34 206
38 190
31 054
31 287
After tax
42 794
38 810
45 946
45 713
Living cost
48 742
48 742
48 742
48 742
Free-cash
-5 948
-9 932
-2 796
-3 029

Estimated living cost  is ₽48742 per week

₽32988
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3987
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽668
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11098
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38963
₽35573
₽29018
₽31180
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
77 000
income
-
-
-
705
social contributions
-
-
-
16 941
total
-
-
-
17 646
Employee
32 444
-
66 666
-
income
-
-
818
-
social contributions
2 109
-
4 332
-
total
2 109
-
5 150
-
Employer
32 444
-
66 666
-
social contributions
5 029
-
10 334
-
total
5 029
-
10 334
-
Corporate
39 527
77 000
-
-
income
3 953
7 701
-
-
total
3 953
7 701
-
-
Dividends
35 574
69 299
-
-
total
-
-
-
-
Income
77 000
77 000
77 000
77 000
Total tax
11 091
7 701
15 484
17 646
After tax
65 909
69 299
61 516
59 354
Living cost
30 336
30 336
30 336
30 336
Free-cash
35 573
38 963
31 180
29 018

Estimated living cost  is ₽30336 per week

₽19615
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2287
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽571
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7863
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽142973
-₽142973
₽135
-₽142973
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
77 000
municipal
-
-
-
13 476
pensions
-
-
-
875
national
-
-
-
7 801
labour market
-
-
-
6 090
total
-
-
-
28 242
Employee
205 227
205 227
205 227
-
labour market
16 395
16 395
16 395
-
national
25 072
25 072
25 072
-
municipal
43 702
43 702
43 702
-
pensions
292
292
292
-
total
85 461
85 461
85 461
-
Employer
205 227
205 227
205 227
-
labour market
16 418
16 418
16 418
-
municipal
43 772
43 772
43 772
-
pensions
583
583
583
-
national
25 116
25 116
25 116
-
total
85 889
85 889
85 889
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
77 000
77 000
77 000
77 000
Total tax
171 350
171 350
171 350
28 242
After tax
-94 350
-94 350
-94 350
48 758
Living cost
48 623
48 623
48 623
48 623
Free-cash
-142 973
-142 973
-142 973
135

Estimated living cost  is ₽48623 per week

₽33278
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4301
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽748
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10296
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽15509
₽2903
₽31251
₽17261
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
77 000
accident
-
-
-
253
income
-
-
-
17 016
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
24 003
Employee
34 209
-
63 964
-
health
3 917
-
7 324
-
income
4 693
-
10 432
-
pensions
3 852
-
7 202
-
total
12 462
-
24 958
-
Employer
34 209
-
63 964
-
accident
571
-
1 068
-
unemployment
838
-
1 567
-
pensions
5 562
-
10 400
-
total
6 971
-
13 035
-
Corporate
35 820
77 000
-
-
income

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

32 238
69 300
-
-
total
32 238
69 300
-
-
Dividends
3 582
7 700
-
-
withholding
680
1 463
-
-
total
680
1 463
-
-
Income
77 000
77 000
77 000
77 000
Total tax
52 351
70 763
37 993
24 003
After tax
24 649
6 237
39 007
52 997
Living cost
21 746
21 746
21 746
21 746
Free-cash
2 903
-15 509
17 261
31 251

Estimated living cost  is ₽21746 per week

₽15829
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1240
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽4269
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽13792
₽9609
₽18328
₽7078
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
77 000
municipal
-
-
-
13 722
health
-
-
-
764
national
-
-
-
5 441
total
-
-
-
19 927
Employee
53 095
-
64 776
-
health
396
-
576
-
municipal
8 697
-
10 594
-
pensions
3 583
-
4 372
-
unemployment
797
-
971
-
national
877
-
2 442
-
total
14 350
-
18 955
-
Employer
53 095
-
64 776
-
accident
54
-
65
-
unemployment
345
-
421
-
pensions
9 212
-
11 238
-
health
408
-
498
-
total
10 019
-
12 222
-
Corporate
13 887
77 000
-
-
income
2 777
15 399
-
-
total
2 777
15 399
-
-
Dividends

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

8 332
46 200
-
-
national
-
749
-
-
municipal
1 500
8 315
-
-
total
1 500
9 064
-
-
Income
77 000
77 000
77 000
77 000
Total tax
28 646
24 463
31 177
19 927
After tax
48 354
52 537
45 823
57 073
Living cost
38 745
38 745
38 745
38 745
Free-cash
9 609
13 792
7 078
18 328

Estimated living cost  is ₽38745 per week

₽25308
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3727
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽617
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9095
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽30813
₽27646
₽34054
₽32134
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
77 000
income
-
-
-
5 606
health
-
-
-
1 963
social contributions
-
-
-
12 012
total
-
-
-
19 581
Employee
77 601
77 601
77 601
-
social contributions
2 934
6 441
5 803
-
health
601
1 320
1 189
-
income
8 449
7 184
7 413
-
total
11 984
14 945
14 405
-
Employer
77 601
77 601
77 601
-
social contributions
2 934
6 441
5 803
-
health
653
1 436
1 293
-
total
3 587
7 877
7 096
-
Corporate
38 063
-
-
-
income
4 757
-
-
-
total
4 757
-
-
-
Dividends
33 306
-
-
-
withholding
5 661
-
-
-
total
5 661
-
-
-
Income
77 000
77 000
77 000
77 000
Total tax
25 989
22 822
21 501
19 581
After tax
51 011
54 178
55 499
57 419
Living cost
23 365
23 365
23 365
23 365
Free-cash
27 646
30 813
32 134
34 054

Estimated living cost  is ₽23365 per week

₽14003
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2292
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽517
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6554
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47740
₽42606
₽43875
₽31554
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
77 000
income
-
-
-
7 002
pensions
-
-
-
6 419
unemployment
-
-
-
29
health
-
-
-
3 652
total
-
-
-
17 102
Employee

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

23 164
-
69 811
-
health
1 969
-
5 933
-
income
1 584
-
5 479
-
pensions
3 474
-
10 472
-
unemployment
115
-
349
-
total
7 142
-
22 233
-
Employer

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

23 164
-
69 811
-
unemployment
115
-
349
-
pensions
1 274
-
3 840
-
health
996
-
3 001
-
total
2 385
-
7 190
-
Corporate
51 451
77 000
-
-
income
4 631
6 931
-
-
total
4 631
6 931
-
-
Dividends
46 821
70 069
-
-
withholding
4 213
6 306
-
-
total
4 213
6 306
-
-
Income
77 000
77 000
77 000
77 000
Total tax
18 371
13 237
29 423
17 102
After tax
58 629
63 763
47 577
59 898
Living cost
16 023
16 023
16 023
16 023
Free-cash
42 606
47 740
31 554
43 875

Estimated living cost  is ₽16023 per week

₽10223
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1155
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4167
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽24184
₽18893
₽13493
₽14037
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
77 000
accident
-
-
-
693
income
-
-
-
12 658
pensions
-
-
-
21 790
other
-
-
-
77
unemployment
-
-
-
538
total
-
-
-
35 756
Employee
37 315
-
58 385
-
other
36
-
57
-
income
7 194
-
12 890
-
pensions
1 754
-
2 744
-
unemployment
578
-
906
-
total
9 562
-
16 597
-
Employer
37 315
-
58 385
-
accident
739
-
1 157
-
other
299
-
467
-
unemployment
2 053
-
3 212
-
pensions
8 806
-
13 779
-
total
11 897
-
18 615
-
Corporate
27 788
77 000
-
-
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.

4 167
11 550
-
-
total
4 167
11 550
-
-
Dividends
23 621
65 450
-
-
withholding
4 730
13 515
-
-
total
4 730
13 515
-
-
Income
77 000
77 000
77 000
77 000
Total tax
30 356
25 065
35 212
35 756
After tax
46 644
51 935
41 788
41 244
Living cost
27 751
27 751
27 751
27 751
Free-cash
18 893
24 184
14 037
13 493

Estimated living cost  is ₽27751 per week

₽18732
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2668
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5866
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽45292
₽44838
₽45676
₽45478
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
77 000
income
-
-
-
25 101
pensions
-
-
-
2 010
health
-
-
-
1 457
total
-
-
-
28 568
Employee
4 198
-
74 738
-
health
210
-
503
-
income
812
-
24 995
-
pensions
378
-
905
-
unemployment
42
-
101
-
total
1 442
-
26 504
-
Employer
4 198
-
74 738
-
unemployment
84
-
201
-
pensions
462
-
1 106
-
health
399
-
955
-
total
945
-
2 262
-
Corporate
71 858
77 000
-
-
income
15 809
16 940
-
-
total
15 809
16 940
-
-
Dividends
56 049
60 060
-
-
withholding
11 210
12 012
-
-
total
11 210
12 012
-
-
Income
77 000
77 000
77 000
77 000
Total tax
29 406
28 952
28 766
28 568
After tax
47 594
48 048
48 234
48 432
Living cost
2 756
2 756
2 756
2 756
Free-cash
44 838
45 292
45 478
45 676

Estimated living cost  is ₽2756 per week

₽1638
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.
₽832
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38179
₽33215
₽20389
₽22669
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
77 000
income
-
-
-
10 965
pensions
-
-
-
19 392
unemployment
-
-
-
1 119
health
-
-
-
7 682
total
-
-
-
39 158
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.

26 319
-
65 310
-
health
1 355
-
3 363
-
income
3 628
-
12 192
-
pensions
3 685
-
9 143
-
unemployment
197
-
490
-
total
8 865
-
25 188
-
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.

26 319
-
65 310
-
unemployment
197
-
490
-
pensions
3 158
-
7 837
-
health
1 355
-
3 363
-
total
4 710
-
11 690
-
Corporate
45 970
77 000
-
-
income
6 896
11 550
-
-
total
6 896
11 550
-
-
Dividends
39 075
65 450
-
-
withholding
5 861
9 818
-
-
total
5 861
9 818
-
-
Income
77 000
77 000
77 000
77 000
Total tax
26 332
21 368
36 878
39 158
After tax
50 668
55 632
40 122
37 842
Living cost
17 453
17 453
17 453
17 453
Free-cash
33 215
38 179
22 669
20 389

Estimated living cost  is ₽17453 per week

₽11751
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1350
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽505
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3847
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽16591
₽16229
₽16483
₽13442
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
77 000
income
-
-
-
6 552
surtax
-
-
-
-
social contributions

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

-
-
-
26 758
total
-
-
-
33 310
Employee
39 169
-
62 223
-
social contributions
4 309
-
6 845
-
surtax
-
-
-
-
income
7 653
-
14 729
-
total
11 962
-
21 574
-
Employer
39 169
-
62 223
-
social contributions
9 302
-
14 777
-
total
9 302
-
14 777
-
Corporate
28 530
77 000
-
-
surtax
-
-
-
-
income
5 990
16 169
-
-
total
5 990
16 169
-
-
Dividends
22 539
60 831
-
-
withholding
6 310
17 033
-
-
total
6 310
17 033
-
-
Income
77 000
77 000
77 000
77 000
Total tax
33 564
33 202
36 351
33 310
After tax
43 436
43 798
40 649
43 690
Living cost
27 207
27 207
27 207
27 207
Free-cash
16 229
16 591
13 442
16 483

Estimated living cost  is ₽27207 per week

₽19270
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1890
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽483
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5565
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽16468
₽8759
₽5777
₽6321
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
77 000
accident
-
-
-
693
income
-
-
-
12 658
pensions
-
-
-
21 790
other
-
-
-
77
unemployment
-
-
-
538
total
-
-
-
35 756
Employee
48 739
-
58 385
-
other
48
-
57
-
income
10 180
-
12 890
-
pensions
2 290
-
2 744
-
unemployment
755
-
906
-
total
13 273
-
16 597
-
Employer
48 739
-
58 385
-
accident
965
-
1 157
-
other
391
-
467
-
unemployment
2 681
-
3 212
-
pensions
11 502
-
13 779
-
total
15 539
-
18 615
-
Corporate
12 722
77 000
-
-
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.

1 907
11 550
-
-
total
1 907
11 550
-
-
Dividends
10 814
65 450
-
-
withholding
2 055
13 515
-
-
total
2 055
13 515
-
-
Income
77 000
77 000
77 000
77 000
Total tax
32 774
25 065
35 212
35 756
After tax
44 226
51 935
41 788
41 244
Living cost
35 467
35 467
35 467
35 467
Free-cash
8 759
16 468
6 321
5 777

Estimated living cost  is ₽35467 per week

₽25471
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2758
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽500
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6739
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽48464
₽42310
₽38662
₽40593
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
77 000
income
-
-
-
11 550
pensions

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

-
-
-
5 220
unemployment
-
-
-
141
health
-
-
-
4 056
total
-
-
-
20 967
Employee
23 001
-
70 080
-
health
1 058
-
1 622
-
accident

We are using the highest rate at 1.1%.

253
-
388
-
income
2 300
-
7 008
-
pensions

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

2 019
-
3 097
-
total
5 630
-
12 115
-
Employer
23 001
-
70 080
-
accident

We are using the highest rate at 1.1%.

253
-
388
-
unemployment
138
-
212
-
pensions

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

2 535
-
3 887
-
health
1 587
-
2 434
-
total
4 513
-
6 921
-
Corporate
49 486
77 000
-
-
income
4 949
7 700
-
-
total
4 949
7 700
-
-
Dividends
44 537
69 300
-
-
withholding
2 227
3 465
-
-
total
2 227
3 465
-
-
Income
77 000
77 000
77 000
77 000
Total tax
17 319
11 165
19 036
20 967
After tax
59 681
65 835
57 964
56 033
Living cost
17 371
17 371
17 371
17 371
Free-cash
42 310
48 464
40 593
38 662

Estimated living cost  is ₽17371 per week

₽11489
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽994
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽414
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4474
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽832
₽14034
₽13820
₽18137
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
77 000
trade
-
-
-
4 317
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.

-
-
-
12 329
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.

-
-
-
6 894
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.

-
-
-
678
total
-
-
-
24 218
Employee

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

50 213
-
77 000
-
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.

6 894
-
6 894
-
surtax

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

228
-
678
-
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.

4 129
-
12 329
-
total
11 251
-
19 901
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
26 787
77 000
-
-
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.

220
636
-
-
income
4 018
11 550
-
-
trade
3 844
11 050
-
-
chamber of commerce
193
266
-
-
total
8 275
23 502
-
-
Dividends
18 512
53 498
-
-
surtax

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

234
714
-
-
withholding
4 244
12 990
-
-
total
4 478
13 704
-
-
Income
77 000
77 000
77 000
77 000
Total tax
24 004
37 206
19 901
24 218
After tax
52 996
39 794
57 099
52 782
Living cost
38 962
38 962
38 962
38 962
Free-cash
14 034
832
18 137
13 820

Estimated living cost  is ₽38962 per week

₽26877
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4192
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽565
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7327
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽3587
-₽1941
-₽950
-₽950
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
77 000
income
-
-
-
14 120
social contributions
-
-
-
6 343
total
-
-
-
20 463
Employee
78 941
-
77 000
-
income
14 896
-
14 120
-
social contributions
6 558
-
6 343
-
total
21 454
-
20 463
-
Employer
78 941
-
77 000
-
total
-
-
-
-
Corporate
-
77 000
-
-
income
-
9 625
-
-
total
-
9 625
-
-
Dividends
-
67 375
-
-
withholding
-
13 475
-
-
total
-
13 475
-
-
Income
77 000
77 000
77 000
77 000
Total tax
21 454
23 100
20 463
20 463
After tax
55 546
53 900
56 537
56 537
Living cost
57 487
57 487
57 487
57 487
Free-cash
-1 941
-3 587
-950
-950

Estimated living cost  is ₽57487 per week

₽43735
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4684
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽550
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8518
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽8085
₽13931
₽4898
₽19543
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
77 000
income
-
-
-
28 727
health

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

-
-
-
6 741
total
-
-
-
35 468
Employee
46 295
-
72 358
-
income
5 023
-
11 539
-
social contributions
4 638
-
4 642
-
total
9 661
-
16 181
-
Employer
46 295
-
72 358
-
social contributions
4 638
-
4 642
-
total
4 638
-
4 642
-
Corporate
26 066
77 000
-
-
income
9 124
26 949
-
-
total
9 124
26 949
-
-
Dividends
16 943
50 051
-
-
social contributions
3 012
5 332
-
-
total
3 012
5 332
-
-
Income
77 000
77 000
77 000
77 000
Total tax
26 435
32 281
20 823
35 468
After tax
50 565
44 719
56 177
41 532
Living cost
36 634
36 634
36 634
36 634
Free-cash
13 931
8 085
19 543
4 898

Estimated living cost  is ₽36634 per week

₽24130
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2888
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽561
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9053
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽20078
₽14364
₽19795
₽11391
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
77 000
income
-
-
-
14 351
pensions
-
-
-
5 239
total
-
-
-
19 590
Employee
51 632
-
68 202
-
health
674
-
1 013
-
income
9 403
-
12 253
-
pensions
3 941
-
5 930
-
total
14 018
-
19 196
-
Employer
51 632
-
68 202
-
pensions
5 216
-
7 502
-
health
981
-
1 296
-
total
6 197
-
8 798
-
Corporate
19 170
77 000
-
-
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.

3 642
14 630
-
-
total
3 642
14 630
-
-
Dividends
15 528
62 370
-
-
withholding
1 164
4 677
-
-
total
1 164
4 677
-
-
Income
77 000
77 000
77 000
77 000
Total tax
25 021
19 307
27 994
19 590
After tax
51 979
57 693
49 006
57 410
Living cost
37 615
37 615
37 615
37 615
Free-cash
14 364
20 078
11 391
19 795

Estimated living cost  is ₽37615 per week

₽25804
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3459
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽471
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7879
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽17663
₽2571
₽29097
₽15107
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
77 000
accident
-
-
-
253
income
-
-
-
17 016
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
24 003
Employee
37 595
-
63 964
-
health
4 304
-
7 324
-
income
5 158
-
10 432
-
pensions
4 233
-
7 202
-
total
13 695
-
24 958
-
Employer
37 595
-
63 964
-
accident
628
-
1 068
-
unemployment
921
-
1 567
-
pensions
6 113
-
10 400
-
total
7 662
-
13 035
-
Corporate
31 744
77 000
-
-
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.

28 569
69 300
-
-
total
28 569
69 300
-
-
Dividends
3 174
7 700
-
-
withholding
603
1 463
-
-
total
603
1 463
-
-
Income
77 000
77 000
77 000
77 000
Total tax
50 529
70 763
37 993
24 003
After tax
26 471
6 237
39 007
52 997
Living cost
23 900
23 900
23 900
23 900
Free-cash
2 571
-17 663
15 107
29 097

Estimated living cost  is ₽23900 per week

₽17540
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1393
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.
₽4486
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽51819
₽46912
₽31023
₽31023
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
77 000
work injury
-
-
-
385
health insurance
-
-
-
5 698
income
-
-
-
11 171
pensions
-
-
-
14 168
unemployment
-
-
-
924
total
-
-
-
32 346
Employee

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

21 810
-
77 000
-
work injury
109
-
385
-
income
2 181
-
11 171
-
pensions
4 013
-
14 168
-
health insurance
1 614
-
5 698
-
unemployment
262
-
924
-
total
8 179
-
32 346
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
55 190
77 000
-
-
income

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

-
-
-
-
total
-
-
-
-
Dividends
55 190
77 000
-
-
withholding
8 278
11 550
-
-
total
8 278
11 550
-
-
Income
77 000
77 000
77 000
77 000
Total tax
16 457
11 550
32 346
32 346
After tax
60 543
65 450
44 654
44 654
Living cost
13 631
13 631
13 631
13 631
Free-cash
46 912
51 819
31 023
31 023

Estimated living cost  is ₽13631 per week

₽8445
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽991
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽425
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3771
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽355
-₽8041
₽475
-₽3364
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
77 000
municipal
-
-
-
515
regional
-
-
-
1 316
national
-
-
-
14 687
social contributions
-
-
-
19 804
total
-
-
-
36 322
Employee
85 040
-
77 000
-
social contributions
28 675
-
25 965
-
regional
1 284
-
1 106
-
municipal
508
-
460
-
national
14 371
-
12 630
-
total
44 838
-
40 161
-
Employer
85 040
-
77 000
-
total
-
-
-
-
Corporate
-
77 000
-
-
nationa
-
18 481
-
-
municipal
-
3 711
-
-
total
-
22 192
-
-
Dividends
-
54 808
-
-
withholding
-
14 250
-
-
total
-
14 250
-
-
Income
77 000
77 000
77 000
77 000
Total tax
44 838
36 442
40 161
36 322
After tax
32 162
40 558
36 839
40 678
Living cost
40 203
40 203
40 203
40 203
Free-cash
-8 041
355
-3 364
475

Estimated living cost  is ₽40203 per week

₽28240
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2765
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽607
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8589
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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