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
₽ 77500
per

Your estimated
City
free-cash

Dresden , Germany
₽8478
₽19718
₽21929
₽26695
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
77 500
trade
-
-
-
4 766
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.

-
-
-
12 406
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.

-
-
-
6 941
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.

-
-
-
683
total
-
-
-
24 796
Employee

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

38 861
-
77 500
-
health

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

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

6 941
-
6 941
-
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.

60
-
683
-
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.

1 086
-
12 406
-
total
8 087
-
20 030
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
38 639
77 500
-
-
surtax

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

318
640
-
-
income
5 796
11 625
-
-
trade
6 085
12 207
-
-
chamber of commerce
210
266
-
-
total
12 409
24 738
-
-
Dividends
26 229
52 762
-
-
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.

339
704
-
-
withholding
6 172
12 805
-
-
total
6 511
13 509
-
-
Income
77 500
77 500
77 500
77 500
Total tax
27 007
38 247
20 030
24 796
After tax
50 493
39 253
57 470
52 704
Living cost
30 775
30 775
30 775
30 775
Free-cash
19 718
8 478
26 695
21 929

Estimated living cost  is ₽30775 per week

₽19358
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3588
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.
₽7254
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽2908
-₽9186
-₽3730
-₽3121
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
77 500
municipal
-
-
-
7 777
pensions
-
-
-
9 300
national
-
-
-
12 052
social contributions
-
-
-
833
total
-
-
-
29 962
Employee
79 474
-
66 998
-
municipal
9 816
-
8 077
-
pensions
3 179
-
2 680
-
national
15 211
-
12 516
-
total
28 206
-
23 273
-
Employer
79 474
-
66 998
-
social contributions
854
-
720
-
pensions
6 358
-
5 360
-
total
7 212
-
6 080
-
Corporate
-
77 500
-
-
income

Corporate income tax will depend on a type of legal entity. For LLC and Limited Partnership it is set at 20%. All other entities pay 37.6%.

-
15 500
-
-
total
-
15 500
-
-
Dividends
-
62 000
-
-
withholding
-
13 640
-
-
total
-
13 640
-
-
Income
77 500
77 500
77 500
77 500
Total tax
35 418
29 140
29 353
29 962
After tax
42 082
48 360
48 147
47 538
Living cost
51 268
51 268
51 268
51 268
Free-cash
-9 186
-2 908
-3 121
-3 730

Estimated living cost  is ₽51268 per week

₽34846
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4766
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽767
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10889
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽40862
₽32527
₽20507
₽22819
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
77 500
microenterprise
-
-
-
-
income
-
-
-
10 938
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.

-
-
-
24 917
total
-
-
-
35 855
Employee
29 689
-
62 455
-
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.

3 266
-
6 870
-
surtax
-
-
-
-
income
5 285
-
11 628
-
total
8 551
-
18 498
-
Employer
29 689
-
62 455
-
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.

7 151
-
15 045
-
surtax
-
-
-
-
total
7 151
-
15 045
-
Corporate
40 659
77 500
-
-
income

Corporate income tax rate is 20% applicable to the taxable base. However, before applying the statutory rate, the taxable base should be divided by a coefficient of 0.8. As taxable base is increased by the coefficient, the effective corporate income tax rate is 25%.

8 133
15 500
-
-
total
8 133
15 500
-
-
Dividends

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

32 527
62 000
-
-
total
-
-
-
-
Income
77 500
77 500
77 500
77 500
Total tax
23 835
15 500
33 543
35 855
After tax
53 665
62 000
43 957
41 645
Living cost
21 138
21 138
21 138
21 138
Free-cash
32 527
40 862
22 819
20 507

Estimated living cost  is ₽21138 per week

₽13485
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2013
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽480
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5160
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽17691
-₽23395
₽1562
-₽23395
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
77 500
income
-
-
-
10 672
pensions
-
-
-
11 904
health
-
-
-
10 799
total
-
-
-
33 375
Employee
86 765
86 765
86 765
-
health
13 318
11 328
13 318
-
income

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

14 202
14 202
14 202
-
pensions
15 618
11 904
15 618
-
total
43 138
37 434
43 138
-
Employer
86 765
86 765
86 765
-
unemployment
3 124
3 124
3 124
-
pensions
6 039
6 039
6 039
-
health
6 031
6 031
6 031
-
total
15 194
15 194
15 194
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
77 500
77 500
77 500
77 500
Total tax
58 332
52 628
58 332
33 375
After tax
19 168
24 872
19 168
44 125
Living cost
42 563
42 563
42 563
42 563
Free-cash
-23 395
-17 691
-23 395
1 562

Estimated living cost  is ₽42563 per week

₽30164
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3837
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽677
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7886
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽3162
₽2282
-₽520
₽2233
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
77 500
municipal
-
-
-
16 416
accident
-
-
-
155
pensions
-
-
-
8 378
other
-
-
-
9 005
unemployment
-
-
-
77
health
-
-
-
4 836
national
-
-
-
-
total
-
-
-
38 867
Employee
55 789
-
58 971
-
municipal
16 636
-
17 585
-
national
-
-
-
-
total
16 636
-
17 585
-
Employer
55 789
-
58 971
-
accident
112
-
118
-
other
6 483
-
6 852
-
unemployment
1 473
-
1 557
-
pensions
6 031
-
6 375
-
health
3 431
-
3 627
-
total
17 530
-
18 529
-
Corporate
4 182
77 500
-
-
income
920
17 050
-
-
total
920
17 050
-
-
Dividends
3 262
60 450
-
-
withholding
979
18 135
-
-
total
979
18 135
-
-
Income
77 500
77 500
77 500
77 500
Total tax
36 065
35 185
36 114
38 867
After tax
41 435
42 315
41 386
38 633
Living cost
39 153
39 153
39 153
39 153
Free-cash
2 282
3 162
2 233
-520

Estimated living cost  is ₽39153 per week

₽25949
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3842
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽595
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8767
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽1058
₽13218
₽12578
₽17556
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
77 500
trade
-
-
-
4 978
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.

-
-
-
12 406
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.

-
-
-
6 941
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.

-
-
-
683
total
-
-
-
25 008
Employee

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

51 525
-
77 500
-
health

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

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

6 941
-
6 941
-
surtax

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

243
-
683
-
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.

4 427
-
12 406
-
total
11 611
-
20 030
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
25 975
77 500
-
-
surtax

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

214
640
-
-
income
3 897
11 625
-
-
trade
4 273
12 749
-
-
chamber of commerce
191
264
-
-
total
8 575
25 278
-
-
Dividends
17 400
52 222
-
-
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.

218
696
-
-
withholding
3 964
12 670
-
-
total
4 182
13 366
-
-
Income
77 500
77 500
77 500
77 500
Total tax
24 368
38 644
20 030
25 008
After tax
53 132
38 856
57 470
52 492
Living cost
39 914
39 914
39 914
39 914
Free-cash
13 218
-1 058
17 556
12 578

Estimated living cost  is ₽39914 per week

₽26695
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4209
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽596
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8414
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽21571
₽19700
₽24840
₽22905
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
77 500
income
-
-
-
5 640
health
-
-
-
1 976
social contributions
-
-
-
12 089
total
-
-
-
19 705
Employee
78 128
78 128
78 128
-
social contributions
3 796
6 484
5 840
-
health
777
1 328
1 195
-
income
8 204
7 232
7 464
-
total
12 777
15 044
14 499
-
Employer
78 128
78 128
78 128
-
social contributions
3 796
6 484
5 840
-
health
846
1 446
1 301
-
total
4 642
7 930
7 141
-
Corporate
27 124
-
-
-
income
3 390
-
-
-
total
3 390
-
-
-
Dividends
23 735
-
-
-
withholding
4 036
-
-
-
total
4 036
-
-
-
Income
77 500
77 500
77 500
77 500
Total tax
24 845
22 974
21 640
19 705
After tax
52 655
54 526
55 860
57 795
Living cost
32 955
32 955
32 955
32 955
Free-cash
19 700
21 571
22 905
24 840

Estimated living cost  is ₽32955 per week

₽22528
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2574
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽553
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7300
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽25343
₽25724
₽35284
₽26524
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
77 500
income
-
-
-
9 474
pensions
-
-
-
7 750
unemployment
-
-
-
1 163
health
-
-
-
5 425
total
-
-
-
23 812
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.

26 567
10 573
64 854
-
health
1 860
740
4 540
-
income
3 248
1 293
7 928
-
pensions
2 657
1 057
6 485
-
unemployment
399
159
973
-
total
8 164
3 249
19 926
-
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.

26 567
10 573
64 854
-
pensions
5 181
2 062
12 646
-
total
5 181
2 062
12 646
-
Corporate
45 753
64 865
-
-
income
4 118
5 838
-
-
total
4 118
5 838
-
-
Dividends
41 635
59 027
-
-
social contributions
7 998
11 389
-
-
withholding
7 911
11 215
-
-
total
15 909
22 604
-
-
Income
77 500
77 500
77 500
77 500
Total tax
33 372
33 753
32 572
23 812
After tax
44 128
43 747
44 928
53 688
Living cost
18 404
18 404
18 404
18 404
Free-cash
25 724
25 343
26 524
35 284

Estimated living cost  is ₽18404 per week

₽12559
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1506
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽368
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3971
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽37459
₽31146
₽17000
₽20129
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
77 500
income
-
-
-
10 385
pensions
-
-
-
15 500
health
-
-
-
10 074
total
-
-
-
35 959
Employee
28 823
-
57 922
-
income
3 245
-
11 168
-
pensions
577
-
1 159
-
unemployment
461
-
927
-
total
4 283
-
13 254
-
Employer
28 823
-
57 922
-
unemployment
231
-
463
-
pensions
5 765
-
11 584
-
health
3 746
-
7 529
-
total
9 742
-
19 576
-
Corporate
38 934
77 500
-
-
income
7 788
15 500
-
-
total
7 788
15 500
-
-
Dividends
31 146
62 000
-
-
total
-
-
-
-
Income
77 500
77 500
77 500
77 500
Total tax
21 813
15 500
32 830
35 959
After tax
55 687
62 000
44 670
41 541
Living cost
24 541
24 541
24 541
24 541
Free-cash
31 146
37 459
20 129
17 000

Estimated living cost  is ₽24541 per week

₽16833
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1462
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽494
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5754
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽15915
₽2873
₽31147
₽17062
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
77 500
accident
-
-
-
255
income
-
-
-
17 134
pensions
-
-
-
4 197
other
-
-
-
374
health
-
-
-
2 200
total
-
-
-
24 160
Employee
34 910
-
64 379
-
health
3 997
-
7 371
-
income
4 789
-
10 505
-
pensions
3 931
-
7 249
-
total
12 717
-
25 125
-
Employer
34 910
-
64 379
-
accident
583
-
1 075
-
unemployment
855
-
1 577
-
pensions
5 677
-
10 468
-
total
7 115
-
13 120
-
Corporate
35 475
77 500
-
-
income

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

31 928
69 750
-
-
total
31 928
69 750
-
-
Dividends
3 547
7 750
-
-
withholding
674
1 472
-
-
total
674
1 472
-
-
Income
77 500
77 500
77 500
77 500
Total tax
52 434
71 222
38 245
24 160
After tax
25 066
6 278
39 255
53 340
Living cost
22 193
22 193
22 193
22 193
Free-cash
2 873
-15 915
17 062
31 147

Estimated living cost  is ₽22193 per week

₽16265
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1230
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽463
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4235
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64364
₽62628
₽67464
₽52739
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
77 500
microenterprise

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

-
-
-
775
total
-
-
-
775
Employee
11 576
-
77 500
-
income
2 315
-
15 500
-
total
2 315
-
15 500
-
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%.

65 924
77 500
-
-
total
-
-
-
-
Dividends
65 924
77 500
-
-
withholding
3 296
3 875
-
-
total
3 296
3 875
-
-
Income
77 500
77 500
77 500
77 500
Total tax
5 611
3 875
15 500
775
After tax
71 889
73 625
62 000
76 725
Living cost
9 261
9 261
9 261
9 261
Free-cash
62 628
64 364
52 739
67 464

Estimated living cost  is ₽9261 per week

₽5739
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽770
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽255
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2497
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽29866
₽23006
₽14891
₽18353
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
77 500
income
-
-
-
9 843
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.

-
-
-
18 601
other
-
-
-
3 681
health
-
-
-
3 411
total
-
-
-
35 536
Employee
36 891
-
61 901
-
health
517
-
866
-
income
6 351
-
10 657
-
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.

2 582
-
4 332
-
unemployment
368
-
619
-
total
9 818
-
16 474
-
Employer
36 891
-
61 901
-
accident
295
-
496
-
other
1 845
-
3 095
-
unemployment
368
-
619
-
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.

6 272
-
10 524
-
health
517
-
866
-
total
9 297
-
15 600
-
Corporate
31 311
77 500
-
-
income
6 575
16 275
-
-
total
6 575
16 275
-
-
Dividends
24 736
61 225
-
-
withholding
1 731
4 286
-
-
total
1 731
4 286
-
-
Income
77 500
77 500
77 500
77 500
Total tax
27 421
20 561
32 074
35 536
After tax
50 079
56 939
45 426
41 964
Living cost
27 073
27 073
27 073
27 073
Free-cash
23 006
29 866
18 353
14 891

Estimated living cost  is ₽27073 per week

₽19129
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1828
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽436
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5680
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽10343
-₽32554
-₽10623
-₽19070
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
77 500
income
-
-
-
14 447
pensions
-
-
-
5 267
total
-
-
-
19 714
Employee
96 788
-
68 651
-
health
1 595
-
1 018
-
income
17 447
-
12 334
-
pensions
9 337
-
5 961
-
total
28 379
-
19 313
-
Employer
96 788
-
68 651
-
pensions
11 428
-
7 544
-
health
1 838
-
1 304
-
total
13 266
-
8 848
-
Corporate
-
77 500
-
-
income

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

-
14 726
-
-
total
-
14 726
-
-
Dividends
-
62 774
-
-
withholding
-
4 708
-
-
total
-
4 708
-
-
Income
77 500
77 500
77 500
77 500
Total tax
41 645
19 434
28 161
19 714
After tax
35 855
58 066
49 339
57 786
Living cost
68 409
68 409
68 409
68 409
Free-cash
-32 554
-10 343
-19 070
-10 623

Estimated living cost  is ₽68409 per week

₽51260
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽8038
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽556
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8556
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽52941
₽48222
₽43076
₽45022
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
77 500
income
-
-
-
11 625
pensions

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

-
-
-
5 253
unemployment
-
-
-
142
health
-
-
-
4 082
total
-
-
-
21 102
Employee
17 641
-
70 537
-
health
811
-
1 633
-
accident

We are using the highest rate at 1.1%.

194
-
390
-
income
1 764
-
7 054
-
pensions

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

1 549
-
3 116
-
total
4 318
-
12 193
-
Employer
17 641
-
70 537
-
accident

We are using the highest rate at 1.1%.

194
-
390
-
unemployment
105
-
213
-
pensions

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

1 944
-
3 911
-
health
1 218
-
2 449
-
total
3 461
-
6 963
-
Corporate
56 398
77 500
-
-
income
5 639
7 750
-
-
total
5 639
7 750
-
-
Dividends
50 759
69 750
-
-
withholding
2 538
3 487
-
-
total
2 538
3 487
-
-
Income
77 500
77 500
77 500
77 500
Total tax
15 956
11 237
19 156
21 102
After tax
61 544
66 263
58 344
56 398
Living cost
13 322
13 322
13 322
13 322
Free-cash
48 222
52 941
45 022
43 076

Estimated living cost  is ₽13322 per week

₽7778
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽951
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽353
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4240
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽31469
-₽33193
-₽12216
-₽37173
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
77 500
income
-
-
-
10 672
pensions
-
-
-
11 904
health
-
-
-
10 799
total
-
-
-
33 375
Employee
94 199
86 765
86 765
-
health
11 752
11 328
13 318
-
income

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

14 202
14 202
14 202
-
pensions
11 904
11 904
15 618
-
total
37 858
37 434
43 138
-
Employer
94 199
86 765
86 765
-
unemployment
3 392
3 124
3 124
-
pensions
6 556
6 039
6 039
-
health
6 546
6 031
6 031
-
total
16 494
15 194
15 194
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
77 500
77 500
77 500
77 500
Total tax
54 352
52 628
58 332
33 375
After tax
23 148
24 872
19 168
44 125
Living cost
56 341
56 341
56 341
56 341
Free-cash
-33 193
-31 469
-37 173
-12 216

Estimated living cost  is ₽56341 per week

₽41561
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽5032
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽646
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9103
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽29085
₽20425
₽13472
₽15055
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
77 500
income
-
-
-
6 661
health
-
-
-
10 463
solidarity contribution
-
-
-
-
social contributions
-
-
-
22 630
total
-
-
-
39 754
Employee
35 697
-
57 836
-
social contributions
2 320
-
3 759
-
health
4 819
-
7 808
-
solidarity contribution
-
-
-
-
income
4 284
-
6 940
-
total
11 423
-
18 507
-
Employer
35 697
-
57 836
-
social contributions
8 924
-
14 459
-
health
3 213
-
5 205
-
total
12 137
-
19 664
-
Corporate
29 666
77 500
-
-
income
5 637
14 725
-
-
total
5 637
14 725
-
-
Dividends
24 030
62 775
-
-
withholding
3 604
9 416
-
-
total
3 604
9 416
-
-
Income
77 500
77 500
77 500
77 500
Total tax
32 801
24 141
38 171
39 754
After tax
44 699
53 359
39 329
37 746
Living cost
24 274
24 274
24 274
24 274
Free-cash
20 425
29 085
15 055
13 472

Estimated living cost  is ₽24274 per week

₽16861
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1727
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽5209
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽1525
-₽12799
-₽1359
-₽5341
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
77 500
municipal
-
-
-
461
regional
-
-
-
813
national
-
-
-
14 779
social contributions
-
-
-
19 933
total
-
-
-
35 986
Employee
90 299
-
77 500
-
social contributions
30 449
-
26 134
-
regional
852
-
711
-
municipal
478
-
411
-
national
15 647
-
12 712
-
total
47 426
-
39 968
-
Employer
90 299
-
77 500
-
total
-
-
-
-
Corporate
-
77 500
-
-
nationa
-
18 601
-
-
municipal
-
3 023
-
-
total
-
21 624
-
-
Dividends
-
55 876
-
-
withholding
-
14 528
-
-
total
-
14 528
-
-
Income
77 500
77 500
77 500
77 500
Total tax
47 426
36 152
39 968
35 986
After tax
30 074
41 348
37 532
41 514
Living cost
42 873
42 873
42 873
42 873
Free-cash
-12 799
-1 525
-5 341
-1 359

Estimated living cost  is ₽42873 per week

₽29886
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2811
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽657
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9517
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽26325
₽23166
₽19774
₽18056
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
77 500
income
-
-
-
12 847
pensions
-
-
-
15 500
other
-
-
-
-
unemployment
-
-
-
231
health
-
-
-
5 503
surtax
-
-
-
1 224
total
-
-
-
35 305
Employee
33 600
-
64 022
-
other
-
-
-
-
health
858
-
1 633
-
surtax
110
-
1 095
-
income
5 632
-
12 091
-
pensions
2 240
-
4 271
-
unemployment
2 339
-
4 456
-
total
11 179
-
23 546
-
Employer
33 600
-
64 022
-
other
-
-
-
-
unemployment
1 064
-
2 030
-
pensions
4 479
-
8 534
-
health
1 529
-
2 913
-
total
7 072
-
13 477
-
Corporate
36 828
77 500
-
-
income
9 575
20 151
-
-
total
9 575
20 151
-
-
Dividends
27 253
57 349
-
-
withholding
4 088
8 603
-
-
total
4 088
8 603
-
-
Income
77 500
77 500
77 500
77 500
Total tax
31 914
28 754
37 023
35 305
After tax
45 586
48 746
40 477
42 195
Living cost
22 420
22 420
22 420
22 420
Free-cash
23 166
26 325
18 056
19 774

Estimated living cost  is ₽22420 per week

₽13709
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2069
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.
₽6126
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽11331
₽3282
₽11051
₽2604
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
77 500
income
-
-
-
14 447
pensions
-
-
-
5 267
total
-
-
-
19 714
Employee
64 865
-
68 651
-
health
942
-
1 018
-
income
11 682
-
12 334
-
pensions
5 506
-
5 961
-
total
18 130
-
19 313
-
Employer
64 865
-
68 651
-
pensions
7 022
-
7 544
-
health
1 232
-
1 304
-
total
8 254
-
8 848
-
Corporate
4 381
77 500
-
-
income

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

833
14 726
-
-
total
833
14 726
-
-
Dividends
3 548
62 774
-
-
withholding
266
4 708
-
-
total
266
4 708
-
-
Income
77 500
77 500
77 500
77 500
Total tax
27 483
19 434
28 161
19 714
After tax
50 017
58 066
49 339
57 786
Living cost
46 735
46 735
46 735
46 735
Free-cash
3 282
11 331
2 604
11 051

Estimated living cost  is ₽46735 per week

₽35014
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3503
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽489
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7729
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽42176
-₽21982
-₽12344
-₽16315
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
77 500
city
-
-
-
815
pensions
-
-
-
7 129
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.

-
-
-
1 551
regional
-
-
-
2 169
health
-
-
-
253
national
-
-
-
312
total
-
-
-
12 229
Employee
90 829
-
69 365
-
city
975
-
746
-
regional
2 974
-
1 844
-
health
205
-
155
-
pensions
7 631
-
5 827
-
unemployment
-
-
-
-
national
430
-
259
-
total
12 215
-
8 831
-
Employer
90 829
-
69 365
-
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.

1 816
-
1 387
-
unemployment
-
-
-
-
pensions
7 631
-
5 827
-
health
205
-
155
-
total
9 652
-
7 369
-
Corporate
-
77 500
-
-
regional
-
16 392
-
-
national
-
6 588
-
-
total
-
22 980
-
-
Dividends
-
54 520
-
-
withholding
-
19 081
-
-
total
-
19 081
-
-
Income
77 500
77 500
77 500
77 500
Total tax
21 867
42 061
16 200
12 229
After tax
55 633
35 439
61 300
65 271
Living cost
77 615
77 615
77 615
77 615
Free-cash
-21 982
-42 176
-16 315
-12 344

Estimated living cost  is ₽77615 per week

₽50472
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6965
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽953
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽19225
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽8090
₽8392
₽5734
₽10925
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
77 500
trade
-
-
-
5 191
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.

-
-
-
12 406
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.

-
-
-
6 941
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.

-
-
-
683
total
-
-
-
25 221
Employee

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

61 062
-
77 500
-
health

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

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

6 941
-
6 941
-
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.

395
-
683
-
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.

7 180
-
12 406
-
total
14 516
-
20 030
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
16 438
77 500
-
-
surtax

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

135
640
-
-
income
2 466
11 625
-
-
trade
2 819
13 291
-
-
chamber of commerce
177
264
-
-
total
5 597
25 820
-
-
Dividends
10 841
51 681
-
-
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.

127
690
-
-
withholding
2 323
12 535
-
-
total
2 450
13 225
-
-
Income
77 500
77 500
77 500
77 500
Total tax
22 563
39 045
20 030
25 221
After tax
54 937
38 455
57 470
52 279
Living cost
46 545
46 545
46 545
46 545
Free-cash
8 392
-8 090
10 925
5 734

Estimated living cost  is ₽46545 per week

₽33995
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3723
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽605
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8223
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽4297
₽10298
₽11248
₽11486
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
77 500
income
-
-
-
4 425
pensions
-
-
-
21 784
other
-
-
-
2 402
health
-
-
-
671
surtax
-
-
-
-
social contributions
-
-
-
2 208
total
-
-
-
31 490
Employee
43 485
-
59 056
-
social contributions
1 240
-
1 681
-
surtax
-
-
-
-
income
2 566
-
4 448
-
pensions
4 917
-
6 679
-
total
8 723
-
12 808
-
Employer
43 485
-
59 056
-
other
1 500
-
2 038
-
social contributions
131
-
177
-
unemployment
1 760
-
2 391
-
pensions
7 144
-
9 704
-
health
3 045
-
4 134
-
total
13 580
-
18 444
-
Corporate
20 435
77 500
-
-
surtax
-
-
-
-
income
5 723
21 699
-
-
total
5 723
21 699
-
-
Dividends
14 713
55 801
-
-
surtax
-
-
-
-
social contributions
2 530
9 600
-
-
withholding
1 884
7 142
-
-
total
4 414
16 742
-
-
Income
77 500
77 500
77 500
77 500
Total tax
32 440
38 441
31 252
31 490
After tax
45 060
39 059
46 248
46 010
Living cost
34 762
34 762
34 762
34 762
Free-cash
10 298
4 297
11 486
11 248

Estimated living cost  is ₽34762 per week

₽21919
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2827
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.
₽9427
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽7741
₽13385
₽14692
₽14930
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
77 500
income
-
-
-
4 425
pensions
-
-
-
21 784
other
-
-
-
2 402
health
-
-
-
671
surtax
-
-
-
-
social contributions
-
-
-
2 208
total
-
-
-
31 490
Employee
38 816
-
59 056
-
social contributions
1 107
-
1 681
-
surtax
-
-
-
-
income
2 001
-
4 448
-
pensions
4 390
-
6 679
-
total
7 498
-
12 808
-
Employer
38 816
-
59 056
-
other
1 340
-
2 038
-
social contributions
116
-
177
-
unemployment
1 571
-
2 391
-
pensions
6 378
-
9 704
-
health
2 717
-
4 134
-
total
12 122
-
18 444
-
Corporate
26 562
77 500
-
-
surtax
-
-
-
-
income
7 437
21 699
-
-
total
7 437
21 699
-
-
Dividends
19 125
55 801
-
-
surtax
-
-
-
-
social contributions
3 291
9 600
-
-
withholding
2 449
7 142
-
-
total
5 740
16 742
-
-
Income
77 500
77 500
77 500
77 500
Total tax
32 797
38 441
31 252
31 490
After tax
44 703
39 059
46 248
46 010
Living cost
31 318
31 318
31 318
31 318
Free-cash
13 385
7 741
14 930
14 692

Estimated living cost  is ₽31318 per week

₽18163
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3181
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽594
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9380
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽25738
₽26263
₽28225
₽29608
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
77 500
income
-
-
-
11 625
health
-
-
-
5 410
social contributions
-
-
-
10 695
total
-
-
-
27 730
Employee
34 450
-
77 500
-
social contributions
4 755
-
10 695
-
health
2 404
-
5 410
-
income
5 746
-
10 242
-
total
12 905
-
26 347
-
Employer
34 450
-
77 500
-
total
-
-
-
-
Corporate
43 050
77 500
-
-
income

The standard tax rate is 15%. However, small companies and agricultural companies can apply a reduced corporate income tax rate of 0% to the first year of operation when certain conditions are met; and 5% to revenues of less than €300,000 per year. We made calculations based on 5% and skipped 0%.

2 152
3 876
-
-
total
2 152
3 876
-
-
Dividends
40 899
73 624
-
-
health
2 856
5 138
-
-
social contributions
5 644
10 159
-
-
withholding
6 135
11 044
-
-
total
14 635
26 341
-
-
Income
77 500
77 500
77 500
77 500
Total tax
29 692
30 217
26 347
27 730
After tax
47 808
47 283
51 153
49 770
Living cost
21 545
21 545
21 545
21 545
Free-cash
26 263
25 738
29 608
28 225

Estimated living cost  is ₽21545 per week

₽14418
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1328
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽496
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5300
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽8045
₽6480
₽5611
-₽9122
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
77 500
chamber of commerce
-
-
-
310
income
-
-
-
9 078
pensions
-
-
-
14 338
unemployment
-
-
-
6 232
health
-
-
-
5 929
surtax
-
-
-
201
total
-
-
-
36 088
Employee
50 777
40 491
60 022
-
other
507
405
600
-
health
1 965
1 568
2 323
-
income
5 781
2 987
8 430
-
pensions
5 200
4 145
6 147
-
unemployment
1 523
1 215
1 801
-
total
14 976
10 320
19 301
-
Employer
50 777
40 491
60 022
-
accident
659
526
781
-
other
2 412
1 922
2 852
-
chamber of commerce
202
162
241
-
unemployment
1 523
1 215
1 801
-
surtax
201
201
201
-
pensions
6 372
5 083
7 533
-
payroll
1 523
1 215
1 801
-
health
1 918
1 531
2 269
-
total
14 810
11 855
17 479
-
Corporate
11 911
25 155
56 165
-
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.

2 977
6 290
14 041
-
total
2 977
6 290
14 041
-
Dividends
8 934
18 866
-
-
withholding
2 456
5 189
-
-
total
2 456
5 189
-
-
Income
77 500
77 500
77 500
77 500
Total tax
35 219
33 654
50 821
36 088
After tax
42 281
43 846
26 679
41 412
Living cost
35 801
35 801
35 801
35 801
Free-cash
6 480
8 045
-9 122
5 611

Estimated living cost  is ₽35801 per week

₽23878
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3054
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.
₽8281
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽6508
-₽16334
₽1730
-₽5390
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
77 500
national
-
-
-
23 933
communal

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

-
-
-
4 003
social contributions
-
-
-
10 788
total
-
-
-
38 724
Employee

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

72 678
-
60 027
-
communal

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

3 791
-
3 131
-
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.

3 415
-
2 821
-
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.

5 451
-
4 502
-
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.

632
-
523
-
national
22 344
-
17 395
-
total
35 633
-
28 372
-
Employer

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

72 678
-
60 027
-
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.

945
-
779
-
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.

1 060
-
877
-
surtax
8 241
-
6 806
-
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.

6 440
-
5 318
-
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.

4 469
-
3 692
-
total
21 155
-
17 472
-
Corporate
-
77 500
-
-
surtax
-
310
-
-
income
-
15 500
-
-
total
-
15 810
-
-
Dividends
-
61 689
-
-
withholding

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

-
18 136
-
-
total
-
18 136
-
-
Income
77 500
77 500
77 500
77 500
Total tax
56 788
33 946
45 844
38 724
After tax
20 712
43 554
31 656
38 776
Living cost
37 046
37 046
37 046
37 046
Free-cash
-16 334
6 508
-5 390
1 730

Estimated living cost  is ₽37046 per week

₽23862
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3239
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽9365
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽15579
₽7438
₽4820
₽5371
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
77 500
accident
-
-
-
698
income
-
-
-
12 738
pensions
-
-
-
21 932
other
-
-
-
77
unemployment
-
-
-
542
total
-
-
-
35 987
Employee
50 576
-
58 766
-
other
50
-
58
-
income
10 671
-
12 973
-
pensions
2 377
-
2 761
-
unemployment
785
-
910
-
total
13 883
-
16 702
-
Employer
50 576
-
58 766
-
accident
1 001
-
1 163
-
other
403
-
470
-
unemployment
2 782
-
3 232
-
pensions
11 935
-
13 869
-
total
16 121
-
18 734
-
Corporate
10 803
77 500
-
-
income

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

1 620
11 625
-
-
total
1 620
11 625
-
-
Dividends
9 184
65 875
-
-
withholding
1 745
13 603
-
-
total
1 745
13 603
-
-
Income
77 500
77 500
77 500
77 500
Total tax
33 369
25 228
35 436
35 987
After tax
44 131
52 272
42 064
41 513
Living cost
36 693
36 693
36 693
36 693
Free-cash
7 438
15 579
5 371
4 820

Estimated living cost  is ₽36693 per week

₽27021
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2603
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽528
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6540
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽7167
-₽8637
-₽8552
-₽4530
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
77 500
accident
-
-
-
654
income
-
-
-
4 380
pensions
-
-
-
11 617
health
-
-
-
5 445
surtax
-
-
-
3 843
communal
-
-
-
4 897
total
-
-
-
30 836
Employee
76 944
-
69 228
-
health
3 424
-
3 081
-
surtax
4 716
-
4 242
-
income
7 432
-
5 681
-
pensions
6 155
-
5 538
-
total
21 727
-
18 542
-
Employer
76 944
-
69 228
-
accident
692
-
623
-
pensions
6 155
-
5 538
-
health
2 347
-
2 111
-
total
9 194
-
8 272
-
Corporate
-
77 500
-
-
surtax
-
814
-
-
communal
-
5 231
-
-
income
-
11 625
-
-
total
-
17 670
-
-
Dividends
-
59 831
-
-
income
-
2 806
-
-
withholding
-
8 975
-
-
total
-
11 781
-
-
Income
77 500
77 500
77 500
77 500
Total tax
30 921
29 451
26 814
30 836
After tax
46 579
48 049
50 686
46 664
Living cost
55 216
55 216
55 216
55 216
Free-cash
-8 637
-7 167
-4 530
-8 552

Estimated living cost  is ₽55216 per week

₽41420
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3345
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.
₽9864
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽25925
₽22696
₽19374
₽17656
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
77 500
income
-
-
-
12 847
pensions
-
-
-
15 500
other
-
-
-
-
unemployment
-
-
-
231
health
-
-
-
5 503
surtax
-
-
-
1 224
total
-
-
-
35 305
Employee
34 217
-
64 022
-
other
-
-
-
-
health
873
-
1 633
-
surtax
121
-
1 095
-
income
5 736
-
12 091
-
pensions
2 283
-
4 271
-
unemployment
2 381
-
4 456
-
total
11 394
-
23 546
-
Employer
34 217
-
64 022
-
other
-
-
-
-
unemployment
1 086
-
2 030
-
pensions
4 562
-
8 534
-
health
1 556
-
2 913
-
total
7 204
-
13 477
-
Corporate
36 080
77 500
-
-
income
9 380
20 151
-
-
total
9 380
20 151
-
-
Dividends
26 700
57 349
-
-
withholding
4 005
8 603
-
-
total
4 005
8 603
-
-
Income
77 500
77 500
77 500
77 500
Total tax
31 983
28 754
37 023
35 305
After tax
45 517
48 746
40 477
42 195
Living cost
22 821
22 821
22 821
22 821
Free-cash
22 696
25 925
17 656
19 374

Estimated living cost  is ₽22821 per week

₽13778
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1984
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽530
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6531
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽13365
₽11110
₽13788
₽9831
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
77 500
municipal
-
-
-
461
regional
-
-
-
1 169
national
-
-
-
14 779
social contributions
-
-
-
19 933
total
-
-
-
36 342
Employee
56 361
-
77 500
-
social contributions
19 005
-
26 134
-
regional
759
-
1 042
-
municipal
299
-
411
-
national
8 929
-
12 712
-
total
28 992
-
40 299
-
Employer
56 361
-
77 500
-
total
-
-
-
-
Corporate
21 139
77 500
-
-
nationa
5 073
18 601
-
-
municipal
1 051
3 852
-
-
total
6 124
22 453
-
-
Dividends
15 015
55 047
-
-
withholding
3 904
14 312
-
-
total
3 904
14 312
-
-
Income
77 500
77 500
77 500
77 500
Total tax
39 020
36 765
40 299
36 342
After tax
38 480
40 735
37 201
41 158
Living cost
27 370
27 370
27 370
27 370
Free-cash
11 110
13 365
9 831
13 788

Estimated living cost  is ₽27370 per week

₽17021
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2773
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽469
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7107
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽23447
₽12776
₽7834
₽9417
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
77 500
income
-
-
-
6 661
health
-
-
-
10 463
solidarity contribution
-
-
-
-
social contributions
-
-
-
22 630
total
-
-
-
39 754
Employee
43 988
-
57 836
-
social contributions
2 859
-
3 759
-
health
5 938
-
7 808
-
solidarity contribution
-
-
-
-
income
5 278
-
6 940
-
total
14 075
-
18 507
-
Employer
43 988
-
57 836
-
social contributions
10 997
-
14 459
-
health
3 959
-
5 205
-
total
14 956
-
19 664
-
Corporate
18 557
77 500
-
-
income
3 526
14 725
-
-
total
3 526
14 725
-
-
Dividends
15 031
62 775
-
-
withholding
2 255
9 416
-
-
total
2 255
9 416
-
-
Income
77 500
77 500
77 500
77 500
Total tax
34 812
24 141
38 171
39 754
After tax
42 688
53 359
39 329
37 746
Living cost
29 912
29 912
29 912
29 912
Free-cash
12 776
23 447
9 417
7 834

Estimated living cost  is ₽29912 per week

₽22244
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1657
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.
₽5493
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽11542
₽11042
₽9198
-₽5688
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
77 500
chamber of commerce
-
-
-
310
income
-
-
-
9 078
pensions
-
-
-
14 338
unemployment
-
-
-
6 232
health
-
-
-
5 929
surtax
-
-
-
-
total
-
-
-
35 887
Employee
44 414
40 491
60 182
-
other
443
405
602
-
health
1 718
1 568
2 329
-
income
3 957
2 987
8 476
-
pensions
4 548
4 145
6 162
-
unemployment
1 332
1 215
1 805
-
total
11 998
10 320
19 374
-
Employer
44 414
40 491
60 182
-
accident
577
526
783
-
other
2 109
1 922
2 857
-
chamber of commerce
177
162
241
-
unemployment
1 332
1 215
1 805
-
surtax
-
-
-
-
pensions
5 574
5 083
7 552
-
payroll
1 332
1 215
1 805
-
health
1 679
1 531
2 275
-
total
12 780
11 654
17 318
-
Corporate
20 305
25 356
56 325
-
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.

5 077
6 340
14 081
-
total
5 077
6 340
14 081
-
Dividends
15 228
19 016
-
-
withholding
4 188
5 229
-
-
total
4 188
5 229
-
-
Income
77 500
77 500
77 500
77 500
Total tax
34 043
33 543
50 773
35 887
After tax
43 457
43 957
26 727
41 613
Living cost
32 415
32 415
32 415
32 415
Free-cash
11 042
11 542
-5 688
9 198

Estimated living cost  is ₽32415 per week

₽19445
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3311
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽578
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9081
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59193
₽56487
₽62293
₽47568
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
77 500
microenterprise

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

-
-
-
775
total
-
-
-
775
Employee
18 040
-
77 500
-
income
3 608
-
15 500
-
total
3 608
-
15 500
-
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%.

59 460
77 500
-
-
total
-
-
-
-
Dividends
59 460
77 500
-
-
withholding
2 973
3 875
-
-
total
2 973
3 875
-
-
Income
77 500
77 500
77 500
77 500
Total tax
6 581
3 875
15 500
775
After tax
70 919
73 625
62 000
76 725
Living cost
14 432
14 432
14 432
14 432
Free-cash
56 487
59 193
47 568
62 293

Estimated living cost  is ₽14432 per week

₽9766
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽606
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.
₽3575
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽26106
₽17608
₽13901
₽11681
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
77 500
income
-
-
-
14 451
pensions
-
-
-
14 154
unemployment
-
-
-
116
health
-
-
-
7 626
total
-
-
-
36 347
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.

44 929
-
67 057
-
health
2 902
-
4 332
-
income
7 748
-
13 305
-
pensions
6 964
-
10 395
-
unemployment
64
-
94
-
total
17 678
-
28 126
-
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.

44 929
-
67 057
-
unemployment
27
-
40
-
pensions
3 976
-
5 935
-
health
2 992
-
4 466
-
total
6 995
-
10 441
-
Corporate
25 575
77 500
-
-
income
4 859
14 725
-
-
total
4 859
14 725
-
-
Dividends
20 716
62 775
-
-
withholding
3 108
9 417
-
-
total
3 108
9 417
-
-
Income
77 500
77 500
77 500
77 500
Total tax
32 640
24 142
38 567
36 347
After tax
44 860
53 358
38 933
41 153
Living cost
27 252
27 252
27 252
27 252
Free-cash
17 608
26 106
11 681
13 901

Estimated living cost  is ₽27252 per week

₽18703
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1747
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽528
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6276
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽3251
-₽74202
₽9659
₽20215
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
77 500
income
-
-
-
15 106
social contributions
-
-
-
8 835
total
-
-
-
23 941
Employee
62 947
-
-
-
social contributions
5 162
-
736
-
income
13 885
-
-
-
total
19 047
-
736
-
Employer
62 947
-
-
-
social contributions
88 755
-
12 649
-
total
88 755
-
12 649
-
Corporate
-
77 500
-
-
income
-
17 050
-
-
total
-
17 050
-
-
Dividends
-
60 450
-
-
income
-
13 299
-
-
total
-
13 299
-
-
Income
77 500
77 500
77 500
77 500
Total tax
107 802
30 349
13 385
23 941
After tax
-30 302
47 151
64 115
53 559
Living cost
43 900
43 900
43 900
43 900
Free-cash
-74 202
3 251
20 215
9 659

Estimated living cost  is ₽43900 per week

₽28484
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4129
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽559
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10728
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽12212
₽11188
₽12105
₽9044
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
77 500
income
-
-
-
6 593
surtax
-
-
-
-
social contributions

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

-
-
-
26 932
total
-
-
-
33 525
Employee
46 730
-
62 626
-
social contributions
5 140
-
6 889
-
surtax
-
-
-
-
income
9 720
-
14 823
-
total
14 860
-
21 712
-
Employer
46 730
-
62 626
-
social contributions
11 098
-
14 874
-
total
11 098
-
14 874
-
Corporate
19 672
77 500
-
-
surtax
-
-
-
-
income
4 132
16 275
-
-
total
4 132
16 275
-
-
Dividends
15 540
61 225
-
-
withholding
4 352
17 143
-
-
total
4 352
17 143
-
-
Income
77 500
77 500
77 500
77 500
Total tax
34 442
33 418
36 586
33 525
After tax
43 058
44 082
40 914
43 975
Living cost
31 870
31 870
31 870
31 870
Free-cash
11 188
12 212
9 044
12 105

Estimated living cost  is ₽31870 per week

₽23845
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1880
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽532
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5613
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽10014
-₽6010
-₽3063
-₽2825
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
77 500
income
-
-
-
4 425
pensions
-
-
-
21 784
other
-
-
-
2 402
health
-
-
-
671
surtax
-
-
-
-
social contributions
-
-
-
2 208
total
-
-
-
31 490
Employee
63 636
-
59 056
-
social contributions
1 812
-
1 681
-
surtax
-
-
-
-
income
5 552
-
4 448
-
pensions
7 198
-
6 679
-
total
14 562
-
12 808
-
Employer
63 636
-
59 056
-
other
2 196
-
2 038
-
social contributions
191
-
177
-
unemployment
2 578
-
2 391
-
pensions
10 456
-
9 704
-
health
4 454
-
4 134
-
total
19 875
-
18 444
-
Corporate
-
77 500
-
-
surtax
-
-
-
-
income
-
21 699
-
-
total
-
21 699
-
-
Dividends
-
55 801
-
-
surtax
-
-
-
-
social contributions
-
9 600
-
-
withholding
-
7 142
-
-
total
-
16 742
-
-
Income
77 500
77 500
77 500
77 500
Total tax
34 437
38 441
31 252
31 490
After tax
43 063
39 059
46 248
46 010
Living cost
49 073
49 073
49 073
49 073
Free-cash
-6 010
-10 014
-2 825
-3 063

Estimated living cost  is ₽49073 per week

₽33212
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4014
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽673
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11173
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽39209
₽35794
₽29200
₽31374
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
77 500
income
-
-
-
710
social contributions
-
-
-
17 048
total
-
-
-
17 758
Employee
32 665
-
67 100
-
income
-
-
823
-
social contributions
2 123
-
4 361
-
total
2 123
-
5 184
-
Employer
32 665
-
67 100
-
social contributions
5 063
-
10 400
-
total
5 063
-
10 400
-
Corporate
39 772
77 500
-
-
income
3 978
7 749
-
-
total
3 978
7 749
-
-
Dividends
35 795
69 751
-
-
total
-
-
-
-
Income
77 500
77 500
77 500
77 500
Total tax
11 164
7 749
15 584
17 758
After tax
66 336
69 751
61 916
59 742
Living cost
30 542
30 542
30 542
30 542
Free-cash
35 794
39 209
31 374
29 200

Estimated living cost  is ₽30542 per week

₽19748
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2302
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.
₽7917
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽143848
-₽143848
₽146
-₽143848
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
77 500
municipal
-
-
-
13 565
pensions
-
-
-
881
national
-
-
-
7 852
labour market
-
-
-
6 129
total
-
-
-
28 427
Employee
206 511
206 511
206 511
-
labour market
16 497
16 497
16 497
-
national
25 229
25 229
25 229
-
municipal
43 975
43 975
43 975
-
pensions
294
294
294
-
total
85 995
85 995
85 995
-
Employer
206 511
206 511
206 511
-
labour market
16 521
16 521
16 521
-
municipal
44 045
44 045
44 045
-
pensions
587
587
587
-
national
25 273
25 273
25 273
-
total
86 426
86 426
86 426
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
77 500
77 500
77 500
77 500
Total tax
172 421
172 421
172 421
28 427
After tax
-94 921
-94 921
-94 921
49 073
Living cost
48 927
48 927
48 927
48 927
Free-cash
-143 848
-143 848
-143 848
146

Estimated living cost  is ₽48927 per week

₽33486
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4328
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽752
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10360
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽15587
₽2923
₽31475
₽17390
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
77 500
accident
-
-
-
255
income
-
-
-
17 134
pensions
-
-
-
4 197
other
-
-
-
374
health
-
-
-
2 200
total
-
-
-
24 160
Employee
34 396
-
64 379
-
health
3 939
-
7 371
-
income
4 719
-
10 505
-
pensions
3 873
-
7 249
-
total
12 531
-
25 125
-
Employer
34 396
-
64 379
-
accident
574
-
1 075
-
unemployment
843
-
1 577
-
pensions
5 593
-
10 468
-
total
7 010
-
13 120
-
Corporate
36 094
77 500
-
-
income

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

32 485
69 750
-
-
total
32 485
69 750
-
-
Dividends
3 609
7 750
-
-
withholding
686
1 472
-
-
total
686
1 472
-
-
Income
77 500
77 500
77 500
77 500
Total tax
52 712
71 222
38 245
24 160
After tax
24 788
6 278
39 255
53 340
Living cost
21 865
21 865
21 865
21 865
Free-cash
2 923
-15 587
17 390
31 475

Estimated living cost  is ₽21865 per week

₽15916
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1246
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽410
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4293
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽13868
₽9658
₽18438
₽7112
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
77 500
municipal
-
-
-
13 811
health
-
-
-
769
national
-
-
-
5 474
total
-
-
-
20 054
Employee
53 456
-
65 197
-
health
399
-
580
-
municipal
8 756
-
10 663
-
pensions
3 608
-
4 400
-
unemployment
802
-
978
-
national
883
-
2 456
-
total
14 448
-
19 077
-
Employer
53 456
-
65 197
-
accident
54
-
66
-
unemployment
347
-
424
-
pensions
9 274
-
11 312
-
health
411
-
501
-
total
10 086
-
12 303
-
Corporate
13 958
77 500
-
-
income
2 792
15 500
-
-
total
2 792
15 500
-
-
Dividends

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

8 375
46 500
-
-
national
-
754
-
-
municipal
1 508
8 370
-
-
total
1 508
9 124
-
-
Income
77 500
77 500
77 500
77 500
Total tax
28 834
24 624
31 380
20 054
After tax
48 666
52 876
46 120
57 446
Living cost
39 008
39 008
39 008
39 008
Free-cash
9 658
13 868
7 112
18 438

Estimated living cost  is ₽39008 per week

₽25480
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3752
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽621
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9157
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽31002
₽27813
₽34271
₽32336
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
77 500
income
-
-
-
5 640
health
-
-
-
1 976
social contributions
-
-
-
12 089
total
-
-
-
19 705
Employee
78 128
78 128
78 128
-
social contributions
2 954
6 484
5 840
-
health
605
1 328
1 195
-
income
8 507
7 232
7 464
-
total
12 066
15 044
14 499
-
Employer
78 128
78 128
78 128
-
social contributions
2 954
6 484
5 840
-
health
657
1 446
1 301
-
total
3 611
7 930
7 141
-
Corporate
38 298
-
-
-
income
4 788
-
-
-
total
4 788
-
-
-
Dividends
33 511
-
-
-
withholding
5 698
-
-
-
total
5 698
-
-
-
Income
77 500
77 500
77 500
77 500
Total tax
26 163
22 974
21 640
19 705
After tax
51 337
54 526
55 860
57 795
Living cost
23 524
23 524
23 524
23 524
Free-cash
27 813
31 002
32 336
34 271

Estimated living cost  is ₽23524 per week

₽14098
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2308
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽521
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6598
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽48045
₽42876
₽44152
₽31754
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
77 500
income
-
-
-
7 047
pensions
-
-
-
6 463
unemployment
-
-
-
29
health
-
-
-
3 677
total
-
-
-
17 216
Employee

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

23 322
-
70 264
-
health
1 982
-
5 973
-
income
1 595
-
5 515
-
pensions
3 498
-
10 539
-
unemployment
116
-
351
-
total
7 191
-
22 378
-
Employer

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

23 322
-
70 264
-
unemployment
116
-
351
-
pensions
1 282
-
3 864
-
health
1 003
-
3 021
-
total
2 401
-
7 236
-
Corporate
51 778
77 500
-
-
income
4 660
6 976
-
-
total
4 660
6 976
-
-
Dividends
47 118
70 524
-
-
withholding
4 240
6 347
-
-
total
4 240
6 347
-
-
Income
77 500
77 500
77 500
77 500
Total tax
18 492
13 323
29 614
17 216
After tax
59 008
64 177
47 886
60 284
Living cost
16 132
16 132
16 132
16 132
Free-cash
42 876
48 045
31 754
44 152

Estimated living cost  is ₽16132 per week

₽10292
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1163
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽480
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4196
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽24332
₽19001
₽13573
₽14124
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
77 500
accident
-
-
-
698
income
-
-
-
12 738
pensions
-
-
-
21 932
other
-
-
-
77
unemployment
-
-
-
542
total
-
-
-
35 987
Employee
37 569
-
58 766
-
other
37
-
58
-
income
7 243
-
12 973
-
pensions
1 766
-
2 761
-
unemployment
582
-
910
-
total
9 628
-
16 702
-
Employer
37 569
-
58 766
-
accident
744
-
1 163
-
other
301
-
470
-
unemployment
2 067
-
3 232
-
pensions
8 866
-
13 869
-
total
11 978
-
18 734
-
Corporate
27 954
77 500
-
-
income

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

4 194
11 625
-
-
total
4 194
11 625
-
-
Dividends
23 760
65 875
-
-
withholding
4 759
13 603
-
-
total
4 759
13 603
-
-
Income
77 500
77 500
77 500
77 500
Total tax
30 559
25 228
35 436
35 987
After tax
46 941
52 272
42 064
41 513
Living cost
27 940
27 940
27 940
27 940
Free-cash
19 001
24 332
14 124
13 573

Estimated living cost  is ₽27940 per week

₽18859
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2686
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.
₽5906
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽45579
₽45123
₽45960
₽45763
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
77 500
income
-
-
-
25 259
pensions
-
-
-
2 029
health
-
-
-
1 471
total
-
-
-
28 759
Employee
4 236
-
75 218
-
health
212
-
507
-
income
820
-
25 152
-
pensions
381
-
913
-
unemployment
42
-
101
-
total
1 455
-
26 673
-
Employer
4 236
-
75 218
-
unemployment
85
-
203
-
pensions
466
-
1 116
-
health
402
-
964
-
total
953
-
2 283
-
Corporate
72 310
77 500
-
-
income
15 908
17 050
-
-
total
15 908
17 050
-
-
Dividends
56 402
60 450
-
-
withholding
11 280
12 090
-
-
total
11 280
12 090
-
-
Income
77 500
77 500
77 500
77 500
Total tax
29 596
29 140
28 956
28 759
After tax
47 904
48 360
48 544
48 741
Living cost
2 781
2 781
2 781
2 781
Free-cash
45 123
45 579
45 763
45 960

Estimated living cost  is ₽2781 per week

₽1653
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽225
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽64
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽839
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38435
₽33437
₽20533
₽22820
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
77 500
income
-
-
-
11 044
pensions
-
-
-
19 509
unemployment
-
-
-
1 126
health
-
-
-
7 729
total
-
-
-
39 408
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.

26 477
-
65 734
-
health
1 364
-
3 385
-
income
3 650
-
12 274
-
pensions
3 707
-
9 203
-
unemployment
199
-
493
-
total
8 920
-
25 355
-
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.

26 477
-
65 734
-
unemployment
199
-
493
-
pensions
3 177
-
7 888
-
health
1 364
-
3 385
-
total
4 740
-
11 766
-
Corporate
46 284
77 500
-
-
income
6 943
11 625
-
-
total
6 943
11 625
-
-
Dividends
39 341
65 875
-
-
withholding
5 901
9 881
-
-
total
5 901
9 881
-
-
Income
77 500
77 500
77 500
77 500
Total tax
26 504
21 506
37 121
39 408
After tax
50 996
55 994
40 379
38 092
Living cost
17 559
17 559
17 559
17 559
Free-cash
33 437
38 435
22 820
20 533

Estimated living cost  is ₽17559 per week

₽11822
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1358
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽508
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3870
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽16690
₽16324
₽16583
₽13522
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
77 500
income
-
-
-
6 593
surtax
-
-
-
-
social contributions

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

-
-
-
26 932
total
-
-
-
33 525
Employee
39 435
-
62 626
-
social contributions
4 338
-
6 889
-
surtax
-
-
-
-
income
7 705
-
14 823
-
total
12 043
-
21 712
-
Employer
39 435
-
62 626
-
social contributions
9 365
-
14 874
-
total
9 365
-
14 874
-
Corporate
28 700
77 500
-
-
surtax
-
-
-
-
income
6 027
16 275
-
-
total
6 027
16 275
-
-
Dividends
22 673
61 225
-
-
withholding
6 349
17 143
-
-
total
6 349
17 143
-
-
Income
77 500
77 500
77 500
77 500
Total tax
33 784
33 418
36 586
33 525
After tax
43 716
44 082
40 914
43 975
Living cost
27 392
27 392
27 392
27 392
Free-cash
16 324
16 690
13 522
16 583

Estimated living cost  is ₽27392 per week

₽19401
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1903
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.
₽5603
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽16564
₽8802
₽5805
₽6356
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
77 500
accident
-
-
-
698
income
-
-
-
12 738
pensions
-
-
-
21 932
other
-
-
-
77
unemployment
-
-
-
542
total
-
-
-
35 987
Employee
49 070
-
58 766
-
other
48
-
58
-
income
10 249
-
12 973
-
pensions
2 306
-
2 761
-
unemployment
760
-
910
-
total
13 363
-
16 702
-
Employer
49 070
-
58 766
-
accident
972
-
1 163
-
other
393
-
470
-
unemployment
2 699
-
3 232
-
pensions
11 580
-
13 869
-
total
15 644
-
18 734
-
Corporate
12 785
77 500
-
-
income

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

1 918
11 625
-
-
total
1 918
11 625
-
-
Dividends
10 867
65 875
-
-
withholding
2 065
13 603
-
-
total
2 065
13 603
-
-
Income
77 500
77 500
77 500
77 500
Total tax
32 990
25 228
35 436
35 987
After tax
44 510
52 272
42 064
41 513
Living cost
35 708
35 708
35 708
35 708
Free-cash
8 802
16 564
6 356
5 805

Estimated living cost  is ₽35708 per week

₽25644
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2776
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽503
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6785
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽48784
₽42590
₽38919
₽40865
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
77 500
income
-
-
-
11 625
pensions

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

-
-
-
5 253
unemployment
-
-
-
142
health
-
-
-
4 082
total
-
-
-
21 102
Employee
23 145
-
70 537
-
health
1 065
-
1 633
-
accident

We are using the highest rate at 1.1%.

254
-
390
-
income
2 315
-
7 054
-
pensions

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

2 032
-
3 116
-
total
5 666
-
12 193
-
Employer
23 145
-
70 537
-
accident

We are using the highest rate at 1.1%.

254
-
390
-
unemployment
139
-
213
-
pensions

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

2 551
-
3 911
-
health
1 597
-
2 449
-
total
4 541
-
6 963
-
Corporate
49 814
77 500
-
-
income
4 982
7 750
-
-
total
4 982
7 750
-
-
Dividends
44 832
69 750
-
-
withholding
2 242
3 487
-
-
total
2 242
3 487
-
-
Income
77 500
77 500
77 500
77 500
Total tax
17 431
11 237
19 156
21 102
After tax
60 069
66 263
58 344
56 398
Living cost
17 479
17 479
17 479
17 479
Free-cash
42 590
48 784
40 865
38 919

Estimated living cost  is ₽17479 per week

₽11561
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1001
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽417
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4502
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽826
₽14119
₽13902
₽18244
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
77 500
trade
-
-
-
4 342
income

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

-
-
-
12 406
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.

-
-
-
6 941
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.

-
-
-
683
total
-
-
-
24 372
Employee

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

50 554
-
77 500
-
health

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

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

6 941
-
6 941
-
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.

229
-
683
-
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.

4 157
-
12 406
-
total
11 327
-
20 030
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
26 946
77 500
-
-
surtax

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

222
640
-
-
income
4 041
11 625
-
-
trade
3 866
11 121
-
-
chamber of commerce
193
268
-
-
total
8 322
23 654
-
-
Dividends
18 624
53 846
-
-
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.

235
719
-
-
withholding
4 271
13 075
-
-
total
4 506
13 794
-
-
Income
77 500
77 500
77 500
77 500
Total tax
24 155
37 448
20 030
24 372
After tax
53 345
40 052
57 470
53 128
Living cost
39 226
39 226
39 226
39 226
Free-cash
14 119
826
18 244
13 902

Estimated living cost  is ₽39226 per week

₽27059
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4221
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽569
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7377
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽3627
-₽1978
-₽970
-₽970
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
77 500
income
-
-
-
14 206
social contributions
-
-
-
6 386
total
-
-
-
20 592
Employee
79 477
-
77 500
-
income
14 997
-
14 206
-
social contributions
6 603
-
6 386
-
total
21 600
-
20 592
-
Employer
79 477
-
77 500
-
total
-
-
-
-
Corporate
-
77 500
-
-
income
-
9 687
-
-
total
-
9 687
-
-
Dividends
-
67 813
-
-
withholding
-
13 562
-
-
total
-
13 562
-
-
Income
77 500
77 500
77 500
77 500
Total tax
21 600
23 249
20 592
20 592
After tax
55 900
54 251
56 908
56 908
Living cost
57 878
57 878
57 878
57 878
Free-cash
-1 978
-3 627
-970
-970

Estimated living cost  is ₽57878 per week

₽44033
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4716
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽553
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8576
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽8125
₽14010
₽4884
₽19659
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
77 500
income
-
-
-
28 922
health

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

-
-
-
6 812
total
-
-
-
35 734
Employee
46 610
-
72 826
-
income
5 057
-
11 611
-
social contributions
4 670
-
4 674
-
total
9 727
-
16 285
-
Employer
46 610
-
72 826
-
social contributions
4 670
-
4 674
-
total
4 670
-
4 674
-
Corporate
26 220
77 500
-
-
income
9 178
27 125
-
-
total
9 178
27 125
-
-
Dividends
17 042
50 375
-
-
social contributions
3 033
5 368
-
-
total
3 033
5 368
-
-
Income
77 500
77 500
77 500
77 500
Total tax
26 608
32 493
20 959
35 734
After tax
50 892
45 007
56 541
41 766
Living cost
36 882
36 882
36 882
36 882
Free-cash
14 010
8 125
19 659
4 884

Estimated living cost  is ₽36882 per week

₽24294
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2908
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.
₽9114
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽20072
₽14301
₽19792
₽11345
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
77 500
income
-
-
-
14 447
pensions
-
-
-
5 267
total
-
-
-
19 714
Employee
52 152
-
68 651
-
health
680
-
1 018
-
income
9 497
-
12 334
-
pensions
3 981
-
5 961
-
total
14 158
-
19 313
-
Employer
52 152
-
68 651
-
pensions
5 269
-
7 544
-
health
991
-
1 304
-
total
6 260
-
8 848
-
Corporate
19 087
77 500
-
-
income

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

3 627
14 726
-
-
total
3 627
14 726
-
-
Dividends
15 461
62 774
-
-
withholding
1 160
4 708
-
-
total
1 160
4 708
-
-
Income
77 500
77 500
77 500
77 500
Total tax
25 205
19 434
28 161
19 714
After tax
52 295
58 066
49 339
57 786
Living cost
37 994
37 994
37 994
37 994
Free-cash
14 301
20 072
11 345
19 792

Estimated living cost  is ₽37994 per week

₽26064
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3494
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.
₽7959
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽17752
₽2592
₽29310
₽15225
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
77 500
accident
-
-
-
255
income
-
-
-
17 134
pensions
-
-
-
4 197
other
-
-
-
374
health
-
-
-
2 200
total
-
-
-
24 160
Employee
37 800
-
64 379
-
health
4 328
-
7 371
-
income
5 186
-
10 505
-
pensions
4 256
-
7 249
-
total
13 770
-
25 125
-
Employer
37 800
-
64 379
-
accident
631
-
1 075
-
unemployment
926
-
1 577
-
pensions
6 146
-
10 468
-
total
7 703
-
13 120
-
Corporate
31 996
77 500
-
-
income

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

28 797
69 750
-
-
total
28 797
69 750
-
-
Dividends
3 200
7 750
-
-
withholding
608
1 472
-
-
total
608
1 472
-
-
Income
77 500
77 500
77 500
77 500
Total tax
50 878
71 222
38 245
24 160
After tax
26 622
6 278
39 255
53 340
Living cost
24 030
24 030
24 030
24 030
Free-cash
2 592
-17 752
15 225
29 310

Estimated living cost  is ₽24030 per week

₽17635
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1400
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.
₽4510
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽52180
₽47250
₽31244
₽31244
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
77 500
work injury
-
-
-
387
health insurance
-
-
-
5 735
income
-
-
-
11 249
pensions
-
-
-
14 260
unemployment
-
-
-
930
total
-
-
-
32 561
Employee

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

21 911
-
77 500
-
work injury
110
-
387
-
income
2 191
-
11 249
-
pensions
4 032
-
14 260
-
health insurance
1 621
-
5 735
-
unemployment
263
-
930
-
total
8 217
-
32 561
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
55 589
77 500
-
-
income

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

-
-
-
-
total
-
-
-
-
Dividends
55 589
77 500
-
-
withholding
8 338
11 625
-
-
total
8 338
11 625
-
-
Income
77 500
77 500
77 500
77 500
Total tax
16 555
11 625
32 561
32 561
After tax
60 945
65 875
44 939
44 939
Living cost
13 695
13 695
13 695
13 695
Free-cash
47 250
52 180
31 244
31 244

Estimated living cost  is ₽13695 per week

₽8484
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽995
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽427
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3788
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽344
-₽8120
₽467
-₽3398
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
77 500
municipal
-
-
-
519
regional
-
-
-
1 325
national
-
-
-
14 779
social contributions
-
-
-
19 933
total
-
-
-
36 556
Employee
85 618
-
77 500
-
social contributions
28 870
-
26 134
-
regional
1 293
-
1 113
-
municipal
511
-
463
-
national
14 469
-
12 712
-
total
45 143
-
40 422
-
Employer
85 618
-
77 500
-
total
-
-
-
-
Corporate
-
77 500
-
-
nationa
-
18 601
-
-
municipal
-
3 735
-
-
total
-
22 336
-
-
Dividends
-
55 165
-
-
withholding
-
14 343
-
-
total
-
14 343
-
-
Income
77 500
77 500
77 500
77 500
Total tax
45 143
36 679
40 422
36 556
After tax
32 357
40 821
37 078
40 944
Living cost
40 476
40 476
40 476
40 476
Free-cash
-8 120
344
-3 398
467

Estimated living cost  is ₽40476 per week

₽28432
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2784
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽611
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8648
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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