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
₽ 79000
per

Your estimated
City
free-cash

Dresden , Germany
₽9835
₽28111
₽22962
₽20851
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
79 000
income

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

-
-
-
13 189
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.

-
-
-
726
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.

-
-
-
6 805
trade
-
-
-
5 149
total
-
-
-
25 869
Employee

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

38 096
-
79 000
-
surtax

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

59
-
726
-
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.

1 064
-
13 189
-
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.

6 805
-
6 805
-
total
7 928
-
20 720
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
40 904
79 000
-
-
income
6 135
11 849
-
-
surtax

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

338
652
-
-
chamber of commerce
210
265
-
-
trade
6 442
12 443
-
-
total
13 125
25 209
-
-
Dividends
27 779
53 791
-
-
surtax

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

361
718
-
-
withholding
6 566
13 069
-
-
total
6 927
13 787
-
-
Income
79 000
79 000
79 000
79 000
Total tax
27 980
38 996
20 720
25 869
After tax
51 020
40 004
58 280
53 131
Living cost
30 169
30 169
30 169
30 169
Free-cash
20 851
9 835
28 111
22 962

Estimated living cost  is ₽30169 per week

₽18977
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3518
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽563
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7111
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details 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
-₽3442
-₽3630
-₽4250
-₽10173
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
79 000
social contributions
-
-
-
849
municipal
-
-
-
7 916
national
-
-
-
12 267
pensions
-
-
-
9 480
total
-
-
-
30 512
Employee
81 754
-
68 295
-
municipal
10 098
-
8 222
-
pensions
3 270
-
2 732
-
national
15 648
-
12 740
-
total
29 016
-
23 694
-
Employer
81 754
-
68 295
-
pensions
6 540
-
5 464
-
social contributions
879
-
734
-
total
7 419
-
6 198
-
Corporate
-
79 000
-
-
income

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

-
15 800
-
-
total
-
15 800
-
-
Dividends
-
63 200
-
-
withholding
-
13 904
-
-
total
-
13 904
-
-
Income
79 000
79 000
79 000
79 000
Total tax
36 435
29 704
29 892
30 512
After tax
42 565
49 296
49 108
48 488
Living cost
52 738
52 738
52 738
52 738
Free-cash
-10 173
-3 442
-3 630
-4 250

Estimated living cost  is ₽52738 per week

₽35846
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4902
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽789
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11201
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽42478
₽24040
₽21685
₽34306
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
79 000
income
-
-
-
11 195
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.

-
-
-
25 398
microenterprise
-
-
-
-
total
-
-
-
36 593
Employee
29 104
-
63 663
-
surtax
-
-
-
-
social contributions

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

3 202
-
7 003
-
income
5 181
-
11 898
-
total
8 383
-
18 901
-
Employer
29 104
-
63 663
-
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.

7 011
-
15 337
-
surtax
-
-
-
-
total
7 011
-
15 337
-
Corporate
42 885
79 000
-
-
income

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

8 578
15 800
-
-
total
8 578
15 800
-
-
Dividends

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

34 307
63 200
-
-
total
-
-
-
-
Income
79 000
79 000
79 000
79 000
Total tax
23 972
15 800
34 238
36 593
After tax
55 028
63 200
44 762
42 407
Living cost
20 722
20 722
20 722
20 722
Free-cash
34 306
42 478
24 040
21 685

Estimated living cost  is ₽20722 per week

₽13220
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1973
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽471
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5058
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽14316
-₽19906
₽3231
-₽19906
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
79 000
income
-
-
-
11 615
health
-
-
-
10 759
pensions
-
-
-
11 670
total
-
-
-
34 044
Employee
85 057
85 057
85 057
-
pensions
15 310
11 670
15 310
-
income

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

13 922
13 922
13 922
-
health
13 055
11 105
13 055
-
total
42 287
36 697
42 287
-
Employer
85 057
85 057
85 057
-
health
5 912
5 912
5 912
-
pensions
5 920
5 920
5 920
-
unemployment
3 062
3 062
3 062
-
total
14 894
14 894
14 894
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
79 000
79 000
79 000
79 000
Total tax
57 181
51 591
57 181
34 044
After tax
21 819
27 409
21 819
44 956
Living cost
41 725
41 725
41 725
41 725
Free-cash
-19 906
-14 316
-19 906
3 231

Estimated living cost  is ₽41725 per week

₽29570
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3761
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽663
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7731
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽2141
₽1194
-₽1613
₽1222
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
79 000
accident
-
-
-
158
other
-
-
-
9 180
unemployment
-
-
-
79
health
-
-
-
4 930
municipal
-
-
-
16 733
national
-
-
-
-
pensions
-
-
-
8 540
total
-
-
-
39 620
Employee
58 411
-
60 113
-
municipal
17 418
-
17 926
-
national
-
-
-
-
total
17 418
-
17 926
-
Employer
58 411
-
60 113
-
health
3 592
-
3 697
-
pensions
6 314
-
6 498
-
accident
117
-
120
-
unemployment
1 542
-
1 587
-
other
6 787
-
6 985
-
total
18 352
-
18 887
-
Corporate
2 236
79 000
-
-
income
492
17 380
-
-
total
492
17 380
-
-
Dividends
1 744
61 620
-
-
withholding
523
18 486
-
-
total
523
18 486
-
-
Income
79 000
79 000
79 000
79 000
Total tax
36 785
35 866
36 813
39 620
After tax
42 215
43 134
42 187
39 380
Living cost
40 993
40 993
40 993
40 993
Free-cash
1 222
2 141
1 194
-1 613

Estimated living cost  is ₽40993 per week

₽27168
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4023
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽623
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9179
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽470
₽19152
₽13775
₽14464
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
79 000
income

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

-
-
-
13 189
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.

-
-
-
726
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.

-
-
-
6 805
trade
-
-
-
5 377
total
-
-
-
26 097
Employee

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

50 511
-
79 000
-
surtax

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

238
-
726
-
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.

4 340
-
13 189
-
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.

6 805
-
6 805
-
total
11 383
-
20 720
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
28 489
79 000
-
-
income
4 274
11 849
-
-
surtax

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

234
652
-
-
chamber of commerce
191
263
-
-
trade
4 686
12 995
-
-
total
9 385
25 759
-
-
Dividends
19 105
53 241
-
-
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.

242
711
-
-
withholding
4 398
12 932
-
-
total
4 640
13 643
-
-
Income
79 000
79 000
79 000
79 000
Total tax
25 408
39 402
20 720
26 097
After tax
53 592
39 598
58 280
52 903
Living cost
39 128
39 128
39 128
39 128
Free-cash
14 464
470
19 152
13 775

Estimated living cost  is ₽39128 per week

₽26169
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4126
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.
₽8249
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽24170
₽25008
₽26208
₽21506
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
79 000
income
-
-
-
6 147
social contributions
-
-
-
12 324
health
-
-
-
2 015
total
-
-
-
20 486
Employee
76 590
76 590
76 590
-
social contributions
3 722
6 357
5 952
-
income
8 043
7 090
7 236
-
health
762
1 302
1 219
-
total
12 527
14 749
14 407
-
Employer
76 590
76 590
76 590
-
health
830
1 418
1 327
-
social contributions
3 722
6 357
5 952
-
total
4 552
7 775
7 279
-
Corporate
29 616
-
-
-
income
3 703
-
-
-
total
3 703
-
-
-
Dividends
25 913
-
-
-
withholding
4 406
-
-
-
total
4 406
-
-
-
Income
79 000
79 000
79 000
79 000
Total tax
25 188
22 524
21 686
20 486
After tax
53 812
56 476
57 314
58 514
Living cost
32 306
32 306
32 306
32 306
Free-cash
21 506
24 170
25 008
26 208

Estimated living cost  is ₽32306 per week

₽22085
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2523
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽542
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7156
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽26353
₽27565
₽36496
₽26731
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
79 000
income
-
-
-
9 658
unemployment
-
-
-
1 185
health
-
-
-
5 530
pensions
-
-
-
7 900
total
-
-
-
24 273
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.

26 317
10 474
66 109
-
unemployment
395
157
992
-
pensions
2 632
1 047
6 611
-
income
3 217
1 280
8 082
-
health
1 842
733
4 628
-
total
8 086
3 217
20 313
-
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.

26 317
10 474
66 109
-
pensions
5 132
2 042
12 891
-
total
5 132
2 042
12 891
-
Corporate
47 551
66 484
-
-
income
4 280
5 984
-
-
total
4 280
5 984
-
-
Dividends
43 272
60 500
-
-
social contributions
8 318
11 678
-
-
withholding
8 222
11 495
-
-
total
16 540
23 173
-
-
Income
79 000
79 000
79 000
79 000
Total tax
34 038
34 416
33 204
24 273
After tax
44 962
44 584
45 796
54 727
Living cost
18 231
18 231
18 231
18 231
Free-cash
26 731
26 353
27 565
36 496

Estimated living cost  is ₽18231 per week

₽12441
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1492
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽364
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3934
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽39142
₽21476
₽18286
₽32953
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
79 000
income
-
-
-
10 587
health
-
-
-
10 269
pensions
-
-
-
15 800
total
-
-
-
36 656
Employee
28 256
-
59 042
-
unemployment
452
-
945
-
pensions
565
-
1 181
-
income
3 181
-
11 383
-
total
4 198
-
13 509
-
Employer
28 256
-
59 042
-
health
3 673
-
7 676
-
pensions
5 652
-
11 808
-
unemployment
227
-
473
-
total
9 552
-
19 957
-
Corporate
41 193
79 000
-
-
income
8 239
15 800
-
-
total
8 239
15 800
-
-
Dividends
32 954
63 200
-
-
total
-
-
-
-
Income
79 000
79 000
79 000
79 000
Total tax
21 989
15 800
33 466
36 656
After tax
57 011
63 200
45 534
42 344
Living cost
24 058
24 058
24 058
24 058
Free-cash
32 953
39 142
21 476
18 286

Estimated living cost  is ₽24058 per week

₽16501
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1433
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.
₽5640
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽15770
₽17734
₽32191
₽2999
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
79 000
accident
-
-
-
254
income
-
-
-
17 622
other
-
-
-
373
health
-
-
-
2 198
pensions
-
-
-
4 193
total
-
-
-
24 640
Employee
34 873
-
65 626
-
pensions
3 927
-
7 389
-
income
4 784
-
10 819
-
health
3 993
-
7 514
-
total
12 704
-
25 722
-
Employer
34 873
-
65 626
-
pensions
5 671
-
10 671
-
accident
582
-
1 096
-
unemployment
854
-
1 608
-
total
7 107
-
13 375
-
Corporate
37 020
79 000
-
-
income

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

33 318
71 100
-
-
total
33 318
71 100
-
-
Dividends
3 702
7 900
-
-
withholding
703
1 501
-
-
total
703
1 501
-
-
Income
79 000
79 000
79 000
79 000
Total tax
53 832
72 601
39 097
24 640
After tax
25 168
6 399
39 903
54 360
Living cost
22 169
22 169
22 169
22 169
Free-cash
2 999
-15 770
17 734
32 191

Estimated living cost  is ₽22169 per week

₽16248
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1228
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.
₽4230
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽66905
₽55055
₽70065
₽65378
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
79 000
microenterprise

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

-
-
-
790
total
-
-
-
790
Employee
10 181
-
79 000
-
income
2 036
-
15 800
-
total
2 036
-
15 800
-
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%.

68 819
79 000
-
-
total
-
-
-
-
Dividends
68 819
79 000
-
-
withholding
3 441
3 950
-
-
total
3 441
3 950
-
-
Income
79 000
79 000
79 000
79 000
Total tax
5 477
3 950
15 800
790
After tax
73 523
75 050
63 200
78 210
Living cost
8 145
8 145
8 145
8 145
Free-cash
65 378
66 905
55 055
70 065

Estimated living cost  is ₽8145 per week

₽5048
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽677
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽224
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2196
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽31502
₽19767
₽16237
₽24773
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
79 000
income
-
-
-
10 035
other
-
-
-
3 752
health
-
-
-
3 476
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.

-
-
-
18 960
total
-
-
-
36 223
Employee
36 165
-
63 098
-
unemployment
361
-
631
-
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.

2 531
-
4 415
-
income
6 226
-
10 863
-
health
507
-
883
-
total
9 625
-
16 792
-
Employer
36 165
-
63 098
-
health
507
-
883
-
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.

6 149
-
10 727
-
accident
289
-
505
-
unemployment
361
-
631
-
other
1 809
-
3 155
-
total
9 115
-
15 901
-
Corporate
33 721
79 000
-
-
income
7 081
16 590
-
-
total
7 081
16 590
-
-
Dividends
26 640
62 410
-
-
withholding
1 866
4 368
-
-
total
1 866
4 368
-
-
Income
79 000
79 000
79 000
79 000
Total tax
27 687
20 958
32 693
36 223
After tax
51 313
58 042
46 307
42 777
Living cost
26 540
26 540
26 540
26 540
Free-cash
24 773
31 502
19 767
16 237

Estimated living cost  is ₽26540 per week

₽18752
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1792
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.
₽5568
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽7122
-₽16183
-₽7476
-₽27681
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
79 000
income
-
-
-
14 709
pensions
-
-
-
5 455
total
-
-
-
20 164
Employee
93 822
-
69 896
-
pensions
9 051
-
6 180
-
income
16 912
-
12 532
-
health
1 546
-
1 055
-
total
27 509
-
19 767
-
Employer
93 822
-
69 896
-
health
1 782
-
1 328
-
pensions
11 078
-
7 776
-
total
12 860
-
9 104
-
Corporate
-
79 000
-
-
income

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

-
15 010
-
-
total
-
15 010
-
-
Dividends
-
63 990
-
-
withholding
-
4 800
-
-
total
-
4 800
-
-
Income
79 000
79 000
79 000
79 000
Total tax
40 369
19 810
28 871
20 164
After tax
38 631
59 190
50 129
58 836
Living cost
66 312
66 312
66 312
66 312
Free-cash
-27 681
-7 122
-16 183
-7 476

Estimated living cost  is ₽66312 per week

₽49689
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7791
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽539
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8294
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽54487
₽46862
₽44803
₽49862
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
79 000
income
-
-
-
11 850
unemployment
-
-
-
139
health
-
-
-
4 001
pensions

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

-
-
-
5 149
total
-
-
-
21 139
Employee
17 290
-
72 175
-
accident

We are using the highest rate at 1.1%.

190
-
383
-
pensions

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

1 518
-
3 055
-
income
1 729
-
7 217
-
health
795
-
1 600
-
total
4 232
-
12 255
-
Employer
17 290
-
72 175
-
health
1 193
-
2 400
-
pensions

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

1 906
-
3 833
-
accident

We are using the highest rate at 1.1%.

190
-
383
-
unemployment
103
-
209
-
total
3 392
-
6 825
-
Corporate
58 317
79 000
-
-
income
5 832
7 900
-
-
total
5 832
7 900
-
-
Dividends
52 486
71 100
-
-
withholding
2 624
3 555
-
-
total
2 624
3 555
-
-
Income
79 000
79 000
79 000
79 000
Total tax
16 080
11 455
19 080
21 139
After tax
62 920
67 545
59 920
57 861
Living cost
13 058
13 058
13 058
13 058
Free-cash
49 862
54 487
46 862
44 803

Estimated living cost  is ₽13058 per week

₽7623
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽932
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽346
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4156
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽27822
-₽33412
-₽10275
-₽29512
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
79 000
income
-
-
-
11 615
health
-
-
-
10 759
pensions
-
-
-
11 670
total
-
-
-
34 044
Employee
92 345
85 057
85 057
-
pensions
11 670
11 670
15 310
-
income

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

13 922
13 922
13 922
-
health
11 520
11 105
13 055
-
total
37 112
36 697
42 287
-
Employer
92 345
85 057
85 057
-
health
6 417
5 912
5 912
-
pensions
6 427
5 920
5 920
-
unemployment
3 325
3 062
3 062
-
total
16 169
14 894
14 894
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
79 000
79 000
79 000
79 000
Total tax
53 281
51 591
57 181
34 044
After tax
25 719
27 409
21 819
44 956
Living cost
55 231
55 231
55 231
55 231
Free-cash
-29 512
-27 822
-33 412
-10 275

Estimated living cost  is ₽55231 per week

₽40742
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4933
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽633
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8923
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽29642
₽15339
₽13727
₽20811
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
79 000
income
-
-
-
6 790
social contributions
-
-
-
23 068
solidarity contribution
-
-
-
-
health
-
-
-
10 665
total
-
-
-
40 523
Employee
36 396
-
58 955
-
solidarity contribution
-
-
-
-
social contributions
2 366
-
3 832
-
income
4 368
-
7 075
-
health
4 914
-
7 959
-
total
11 648
-
18 866
-
Employer
36 396
-
58 955
-
health
3 276
-
5 306
-
social contributions
9 099
-
14 739
-
total
12 375
-
20 045
-
Corporate
30 229
79 000
-
-
income
5 743
15 010
-
-
total
5 743
15 010
-
-
Dividends
24 485
63 990
-
-
withholding
3 673
9 598
-
-
total
3 673
9 598
-
-
Income
79 000
79 000
79 000
79 000
Total tax
33 439
24 608
38 911
40 523
After tax
45 561
54 392
40 089
38 477
Living cost
24 750
24 750
24 750
24 750
Free-cash
20 811
29 642
15 339
13 727

Estimated living cost  is ₽24750 per week

₽17191
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1761
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽487
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5311
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽121
-₽3820
₽6
-₽9521
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
79 000
social contributions
-
-
-
20 319
regional
-
-
-
835
municipal
-
-
-
469
national
-
-
-
15 342
total
-
-
-
36 965
Employee
88 521
-
79 000
-
municipal
469
-
420
-
national
15 339
-
13 004
-
regional
835
-
729
-
social contributions
29 849
-
26 638
-
total
46 492
-
40 791
-
Employer
88 521
-
79 000
-
total
-
-
-
-
Corporate
-
79 000
-
-
municipal
-
3 081
-
-
nationa
-
18 960
-
-
total
-
22 041
-
-
Dividends
-
56 959
-
-
withholding
-
14 809
-
-
total
-
14 809
-
-
Income
79 000
79 000
79 000
79 000
Total tax
46 492
36 850
40 791
36 965
After tax
32 508
42 150
38 209
42 035
Living cost
42 029
42 029
42 029
42 029
Free-cash
-9 521
121
-3 820
6

Estimated living cost  is ₽42029 per week

₽29297
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2756
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽645
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9330
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽27713
₽19088
₽20777
₽24612
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
79 000
income
-
-
-
13 286
other
-
-
-
-
surtax
-
-
-
1 321
unemployment
-
-
-
227
health
-
-
-
5 610
pensions
-
-
-
15 800
total
-
-
-
36 244
Employee
32 938
-
65 260
-
other
-
-
-
-
unemployment
2 293
-
4 542
-
pensions
2 196
-
4 353
-
surtax
108
-
1 178
-
income
5 521
-
12 462
-
health
841
-
1 663
-
total
10 959
-
24 198
-
Employer
32 938
-
65 260
-
health
1 499
-
2 969
-
pensions
4 391
-
8 698
-
unemployment
1 043
-
2 068
-
other
-
-
-
-
total
6 933
-
13 735
-
Corporate
39 129
79 000
-
-
income
10 173
20 540
-
-
total
10 173
20 540
-
-
Dividends
28 956
58 460
-
-
withholding
4 344
8 768
-
-
total
4 344
8 768
-
-
Income
79 000
79 000
79 000
79 000
Total tax
32 409
29 308
37 933
36 244
After tax
46 591
49 692
41 067
42 756
Living cost
21 979
21 979
21 979
21 979
Free-cash
24 612
27 713
19 088
20 777

Estimated living cost  is ₽21979 per week

₽13439
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2028
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽507
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6005
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽13887
₽4826
₽13533
₽6085
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
79 000
income
-
-
-
14 709
pensions
-
-
-
5 455
total
-
-
-
20 164
Employee
62 877
-
69 896
-
pensions
5 337
-
6 180
-
income
11 324
-
12 532
-
health
913
-
1 055
-
total
17 574
-
19 767
-
Employer
62 877
-
69 896
-
health
1 194
-
1 328
-
pensions
6 806
-
7 776
-
total
8 000
-
9 104
-
Corporate
8 122
79 000
-
-
income

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

1 544
15 010
-
-
total
1 544
15 010
-
-
Dividends
6 578
63 990
-
-
withholding
494
4 800
-
-
total
494
4 800
-
-
Income
79 000
79 000
79 000
79 000
Total tax
27 612
19 810
28 871
20 164
After tax
51 388
59 190
50 129
58 836
Living cost
45 303
45 303
45 303
45 303
Free-cash
6 085
13 887
4 826
13 533

Estimated living cost  is ₽45303 per week

₽33941
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3396
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽474
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7492
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽42587
-₽16235
-₽12187
-₽21888
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
79 000
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.

-
-
-
1 581
regional
-
-
-
2 220
health
-
-
-
257
city
-
-
-
831
national
-
-
-
319
pensions
-
-
-
7 268
total
-
-
-
12 476
Employee
92 112
-
70 707
-
unemployment
-
-
-
-
pensions
7 739
-
5 939
-
national
436
-
265
-
regional
3 016
-
1 886
-
city
989
-
760
-
health
208
-
160
-
total
12 388
-
9 010
-
Employer
92 112
-
70 707
-
health
208
-
160
-
pensions
7 739
-
5 939
-
unemployment
-
-
-
-
other

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

1 842
-
1 415
-
total
9 789
-
7 514
-
Corporate
-
79 000
-
-
regional
-
16 708
-
-
national
-
6 716
-
-
total
-
23 424
-
-
Dividends
-
55 576
-
-
withholding
-
19 452
-
-
total
-
19 452
-
-
Income
79 000
79 000
79 000
79 000
Total tax
22 177
42 876
16 524
12 476
After tax
56 823
36 124
62 476
66 524
Living cost
78 711
78 711
78 711
78 711
Free-cash
-21 888
-42 587
-16 235
-12 187

Estimated living cost  is ₽78711 per week

₽51185
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7063
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽966
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽19496
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽6438
₽12651
₽7045
₽9712
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
79 000
income

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

-
-
-
13 189
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.

-
-
-
726
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.

-
-
-
6 805
trade
-
-
-
5 606
total
-
-
-
26 326
Employee

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

59 860
-
79 000
-
surtax

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

387
-
726
-
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.

7 039
-
13 189
-
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.

6 805
-
6 805
-
total
14 231
-
20 720
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
19 140
79 000
-
-
income
2 871
11 849
-
-
surtax

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

159
652
-
-
chamber of commerce
178
263
-
-
trade
3 283
13 549
-
-
total
6 491
26 313
-
-
Dividends
12 650
52 687
-
-
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.

153
703
-
-
withholding
2 784
12 793
-
-
total
2 937
13 496
-
-
Income
79 000
79 000
79 000
79 000
Total tax
23 659
39 809
20 720
26 326
After tax
55 341
39 191
58 280
52 674
Living cost
45 629
45 629
45 629
45 629
Free-cash
9 712
-6 438
12 651
7 045

Estimated living cost  is ₽45629 per week

₽33325
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3650
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.
₽8062
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽5739
₽12730
₽11797
₽11620
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
79 000
income
-
-
-
4 465
other
-
-
-
2 450
surtax
-
-
-
-
social contributions
-
-
-
2 251
health
-
-
-
682
pensions
-
-
-
23 278
total
-
-
-
33 126
Employee
42 629
-
60 201
-
pensions
4 820
-
6 808
-
surtax
-
-
-
-
social contributions
1 215
-
1 714
-
income
2 516
-
4 873
-
total
8 551
-
13 395
-
Employer
42 629
-
60 201
-
health
2 985
-
4 213
-
pensions
7 003
-
9 889
-
unemployment
1 726
-
2 438
-
social contributions
129
-
181
-
other
1 471
-
2 077
-
total
13 314
-
18 798
-
Corporate
23 059
79 000
-
-
income
6 457
22 120
-
-
surtax
-
-
-
-
total
6 457
22 120
-
-
Dividends
16 602
56 880
-
-
surtax
-
-
-
-
social contributions
2 856
9 783
-
-
withholding
2 125
7 281
-
-
total
4 981
17 064
-
-
Income
79 000
79 000
79 000
79 000
Total tax
33 303
39 184
32 193
33 126
After tax
45 697
39 816
46 807
45 874
Living cost
34 078
34 078
34 078
34 078
Free-cash
11 620
5 739
12 730
11 797

Estimated living cost  is ₽34078 per week

₽21487
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2771
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.
₽9241
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽9115
₽16106
₽15173
₽14649
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
79 000
income
-
-
-
4 465
other
-
-
-
2 450
surtax
-
-
-
-
social contributions
-
-
-
2 251
health
-
-
-
682
pensions
-
-
-
23 278
total
-
-
-
33 126
Employee
38 052
-
60 201
-
pensions
4 304
-
6 808
-
surtax
-
-
-
-
social contributions
1 085
-
1 714
-
income
1 962
-
4 873
-
total
7 351
-
13 395
-
Employer
38 052
-
60 201
-
health
2 663
-
4 213
-
pensions
6 253
-
9 889
-
unemployment
1 540
-
2 438
-
social contributions
113
-
181
-
other
1 314
-
2 077
-
total
11 883
-
18 798
-
Corporate
29 065
79 000
-
-
income
8 139
22 120
-
-
surtax
-
-
-
-
total
8 139
22 120
-
-
Dividends
20 926
56 880
-
-
surtax
-
-
-
-
social contributions
3 599
9 783
-
-
withholding
2 678
7 281
-
-
total
6 277
17 064
-
-
Income
79 000
79 000
79 000
79 000
Total tax
33 650
39 184
32 193
33 126
After tax
45 350
39 816
46 807
45 874
Living cost
30 701
30 701
30 701
30 701
Free-cash
14 649
9 115
16 106
15 173

Estimated living cost  is ₽30701 per week

₽17805
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3119
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽582
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9196
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽27078
₽30818
₽29615
₽27594
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
79 000
income
-
-
-
11 849
social contributions
-
-
-
10 902
health
-
-
-
5 514
total
-
-
-
28 265
Employee
33 771
-
79 000
-
social contributions
4 661
-
10 902
-
income
5 633
-
10 645
-
health
2 357
-
5 514
-
total
12 651
-
27 061
-
Employer
33 771
-
79 000
-
total
-
-
-
-
Corporate
45 229
79 000
-
-
income

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

2 261
3 950
-
-
total
2 261
3 950
-
-
Dividends
42 968
75 050
-
-
social contributions
5 929
10 356
-
-
withholding
6 445
11 258
-
-
health
3 000
5 238
-
-
total
15 374
26 852
-
-
Income
79 000
79 000
79 000
79 000
Total tax
30 286
30 802
27 061
28 265
After tax
48 714
48 198
51 939
50 735
Living cost
21 120
21 120
21 120
21 120
Free-cash
27 594
27 078
30 818
29 615

Estimated living cost  is ₽21120 per week

₽14135
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1302
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.
₽5196
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽9534
-₽8278
₽6943
₽7995
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
79 000
income
-
-
-
9 681
surtax
-
-
-
197
unemployment
-
-
-
6 109
chamber of commerce
-
-
-
316
health
-
-
-
6 043
pensions
-
-
-
14 615
total
-
-
-
36 961
Employee
49 777
39 693
61 193
-
other
497
397
612
-
unemployment
1 493
1 191
1 835
-
pensions
5 098
4 064
6 266
-
income
5 667
2 928
8 939
-
health
1 926
1 537
2 368
-
total
14 681
10 117
20 020
-
Employer
49 777
39 693
61 193
-
chamber of commerce
198
159
244
-
health
1 881
1 501
2 314
-
pensions
6 247
4 982
7 680
-
accident
646
516
796
-
unemployment
1 493
1 191
1 835
-
surtax
197
197
197
-
payroll
1 493
1 191
1 835
-
other
2 365
1 884
2 907
-
total
14 520
11 621
17 808
-
Corporate
14 703
27 686
57 413
-
income

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

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

3 676
6 922
14 354
-
total
3 676
6 922
14 354
-
Dividends
11 026
20 764
-
-
withholding
3 032
5 710
-
-
total
3 032
5 710
-
-
Income
79 000
79 000
79 000
79 000
Total tax
35 909
34 370
52 182
36 961
After tax
43 091
44 630
26 818
42 039
Living cost
35 096
35 096
35 096
35 096
Free-cash
7 995
9 534
-8 278
6 943

Estimated living cost  is ₽35096 per week

₽23408
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2994
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽576
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8118
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽8064
-₽4283
₽2865
-₽12986
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
79 000
communal

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

-
-
-
4 068
social contributions
-
-
-
11 211
national
-
-
-
24 539
total
-
-
-
39 818
Employee

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

71 247
-
61 185
-
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.

620
-
533
-
communal

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

3 716
-
3 191
-
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.

5 343
-
4 589
-
national
21 904
-
17 967
-
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.

3 347
-
2 875
-
total
34 930
-
29 155
-
Employer

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

71 247
-
61 185
-
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.

4 381
-
3 763
-
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.

6 313
-
5 421
-
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.

926
-
796
-
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.

1 040
-
894
-
surtax
8 079
-
6 937
-
total
20 739
-
17 811
-
Corporate
-
79 000
-
-
income
-
15 800
-
-
surtax
-
316
-
-
total
-
16 116
-
-
Dividends
-
62 885
-
-
withholding

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

-
18 503
-
-
total
-
18 503
-
-
Income
79 000
79 000
79 000
79 000
Total tax
55 669
34 619
46 966
39 818
After tax
23 331
44 381
32 034
39 182
Living cost
36 317
36 317
36 317
36 317
Free-cash
-12 986
8 064
-4 283
2 865

Estimated living cost  is ₽36317 per week

₽23393
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3175
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.
₽9180
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽17304
₽6769
₽6206
₽9369
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
79 000
accident
-
-
-
711
income
-
-
-
13 122
other
-
-
-
79
unemployment
-
-
-
554
pensions
-
-
-
22 357
total
-
-
-
36 823
Employee
49 580
-
59 902
-
other
49
-
60
-
unemployment
769
-
928
-
pensions
2 331
-
2 816
-
income
10 461
-
13 362
-
total
13 610
-
17 166
-
Employer
49 580
-
59 902
-
pensions
11 700
-
14 136
-
accident
981
-
1 185
-
unemployment
2 727
-
3 295
-
other
395
-
478
-
total
15 803
-
19 094
-
Corporate
13 617
79 000
-
-
income

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

2 043
11 849
-
-
total
2 043
11 849
-
-
Dividends
11 573
67 151
-
-
withholding
2 204
13 876
-
-
total
2 204
13 876
-
-
Income
79 000
79 000
79 000
79 000
Total tax
33 660
25 725
36 260
36 823
After tax
45 340
53 275
42 740
42 177
Living cost
35 971
35 971
35 971
35 971
Free-cash
9 369
17 304
6 769
6 206

Estimated living cost  is ₽35971 per week

₽26489
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2552
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽518
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6411
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽5234
-₽2824
-₽6861
-₽5439
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
79 000
communal
-
-
-
4 992
accident
-
-
-
665
income
-
-
-
4 767
surtax
-
-
-
3 916
health
-
-
-
5 551
pensions
-
-
-
11 842
total
-
-
-
31 733
Employee
75 429
-
70 568
-
pensions
6 033
-
5 646
-
surtax
4 623
-
4 325
-
income
7 286
-
6 153
-
health
3 357
-
3 140
-
total
21 299
-
19 264
-
Employer
75 429
-
70 568
-
health
2 300
-
2 151
-
pensions
6 033
-
5 646
-
accident
679
-
635
-
total
9 012
-
8 432
-
Corporate
-
79 000
-
-
communal
-
5 332
-
-
income
-
11 849
-
-
surtax
-
830
-
-
total
-
18 011
-
-
Dividends
-
60 989
-
-
income
-
2 947
-
-
withholding
-
9 148
-
-
total
-
12 095
-
-
Income
79 000
79 000
79 000
79 000
Total tax
30 311
30 106
27 696
31 733
After tax
48 689
48 894
51 304
47 267
Living cost
54 128
54 128
54 128
54 128
Free-cash
-5 439
-5 234
-2 824
-6 861

Estimated living cost  is ₽54128 per week

₽40604
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3279
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽573
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9670
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽27320
₽18695
₽20384
₽24151
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
79 000
income
-
-
-
13 286
other
-
-
-
-
surtax
-
-
-
1 321
unemployment
-
-
-
227
health
-
-
-
5 610
pensions
-
-
-
15 800
total
-
-
-
36 244
Employee
33 543
-
65 260
-
other
-
-
-
-
unemployment
2 334
-
4 542
-
pensions
2 238
-
4 353
-
surtax
119
-
1 178
-
income
5 623
-
12 462
-
health
856
-
1 663
-
total
11 170
-
24 198
-
Employer
33 543
-
65 260
-
health
1 525
-
2 969
-
pensions
4 472
-
8 698
-
unemployment
1 064
-
2 068
-
other
-
-
-
-
total
7 061
-
13 735
-
Corporate
38 396
79 000
-
-
income
9 984
20 540
-
-
total
9 984
20 540
-
-
Dividends
28 412
58 460
-
-
withholding
4 262
8 768
-
-
total
4 262
8 768
-
-
Income
79 000
79 000
79 000
79 000
Total tax
32 477
29 308
37 933
36 244
After tax
46 523
49 692
41 067
42 756
Living cost
22 372
22 372
22 372
22 372
Free-cash
24 151
27 320
18 695
20 384

Estimated living cost  is ₽22372 per week

₽13507
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1945
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽520
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6402
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽14693
₽11044
₽14847
₽12483
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
79 000
social contributions
-
-
-
20 319
regional
-
-
-
1 192
municipal
-
-
-
469
national
-
-
-
15 342
total
-
-
-
37 322
Employee
55 251
-
79 000
-
municipal
293
-
420
-
national
8 753
-
13 004
-
regional
744
-
1 063
-
social contributions
18 631
-
26 638
-
total
28 421
-
41 125
-
Employer
55 251
-
79 000
-
total
-
-
-
-
Corporate
23 749
79 000
-
-
municipal
1 179
3 926
-
-
nationa
5 699
18 960
-
-
total
6 878
22 886
-
-
Dividends
16 871
56 114
-
-
withholding
4 387
14 590
-
-
total
4 387
14 590
-
-
Income
79 000
79 000
79 000
79 000
Total tax
39 686
37 476
41 125
37 322
After tax
39 314
41 524
37 875
41 678
Living cost
26 831
26 831
26 831
26 831
Free-cash
12 483
14 693
11 044
14 847

Estimated living cost  is ₽26831 per week

₽16686
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2718
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽459
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6967
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽23894
₽9591
₽7979
₽13014
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
79 000
income
-
-
-
6 790
social contributions
-
-
-
23 068
solidarity contribution
-
-
-
-
health
-
-
-
10 665
total
-
-
-
40 523
Employee
44 850
-
58 955
-
solidarity contribution
-
-
-
-
social contributions
2 915
-
3 832
-
income
5 382
-
7 075
-
health
6 055
-
7 959
-
total
14 352
-
18 866
-
Employer
44 850
-
58 955
-
health
4 036
-
5 306
-
social contributions
11 213
-
14 739
-
total
15 249
-
20 045
-
Corporate
18 901
79 000
-
-
income
3 591
15 010
-
-
total
3 591
15 010
-
-
Dividends
15 310
63 990
-
-
withholding
2 296
9 598
-
-
total
2 296
9 598
-
-
Income
79 000
79 000
79 000
79 000
Total tax
35 488
24 608
38 911
40 523
After tax
43 512
54 392
40 089
38 477
Living cost
30 498
30 498
30 498
30 498
Free-cash
13 014
23 894
9 591
7 979

Estimated living cost  is ₽30498 per week

₽22680
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1689
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.
₽5601
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽12961
-₽4916
₽10459
₽12469
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
79 000
income
-
-
-
9 681
surtax
-
-
-
-
unemployment
-
-
-
6 109
chamber of commerce
-
-
-
316
health
-
-
-
6 043
pensions
-
-
-
14 615
total
-
-
-
36 764
Employee
43 539
39 693
61 342
-
other
435
397
614
-
unemployment
1 306
1 191
1 841
-
pensions
4 459
4 064
6 281
-
income
3 879
2 928
8 980
-
health
1 684
1 537
2 374
-
total
11 763
10 117
20 090
-
Employer
43 539
39 693
61 342
-
chamber of commerce
174
159
246
-
health
1 646
1 501
2 319
-
pensions
5 464
4 982
7 699
-
accident
565
516
798
-
unemployment
1 306
1 191
1 841
-
surtax
-
-
-
-
payroll
1 306
1 191
1 841
-
other
2 068
1 884
2 915
-
total
12 529
11 424
17 659
-
Corporate
22 931
27 883
57 562
-
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.

5 733
6 971
14 390
-
total
5 733
6 971
14 390
-
Dividends
17 198
20 912
-
-
withholding
4 729
5 750
-
-
total
4 729
5 750
-
-
Income
79 000
79 000
79 000
79 000
Total tax
34 754
34 262
52 139
36 764
After tax
44 246
44 738
26 861
42 236
Living cost
31 777
31 777
31 777
31 777
Free-cash
12 469
12 961
-4 916
10 459

Estimated living cost  is ₽31777 per week

₽19062
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3245
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽567
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8903
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62357
₽50507
₽65517
₽59977
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
79 000
microenterprise

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

-
-
-
790
total
-
-
-
790
Employee
15 866
-
79 000
-
income
3 173
-
15 800
-
total
3 173
-
15 800
-
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%.

63 134
79 000
-
-
total
-
-
-
-
Dividends
63 134
79 000
-
-
withholding
3 157
3 950
-
-
total
3 157
3 950
-
-
Income
79 000
79 000
79 000
79 000
Total tax
6 330
3 950
15 800
790
After tax
72 670
75 050
63 200
78 210
Living cost
12 693
12 693
12 693
12 693
Free-cash
59 977
62 357
50 507
65 517

Estimated living cost  is ₽12693 per week

₽8589
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽533
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽426
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3145
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽27676
₽12797
₽15060
₽19346
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
79 000
income
-
-
-
14 903
unemployment
-
-
-
119
health
-
-
-
7 774
pensions
-
-
-
14 428
total
-
-
-
37 224
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.

44 045
-
68 357
-
unemployment
62
-
96
-
pensions
6 827
-
10 596
-
income
7 595
-
13 737
-
health
2 845
-
4 415
-
total
17 329
-
28 844
-
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.

44 045
-
68 357
-
health
2 934
-
4 551
-
pensions
3 897
-
6 050
-
unemployment
26
-
42
-
total
6 857
-
10 643
-
Corporate
28 098
79 000
-
-
income
5 338
15 010
-
-
total
5 338
15 010
-
-
Dividends
22 760
63 990
-
-
withholding
3 414
9 598
-
-
total
3 414
9 598
-
-
Income
79 000
79 000
79 000
79 000
Total tax
32 938
24 608
39 487
37 224
After tax
46 062
54 392
39 513
41 776
Living cost
26 716
26 716
26 716
26 716
Free-cash
19 346
27 676
12 797
15 060

Estimated living cost  is ₽26716 per week

₽18334
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1712
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽518
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6152
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽4380
₽21997
₽10911
-₽71954
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
79 000
income
-
-
-
15 399
social contributions
-
-
-
9 006
total
-
-
-
24 405
Employee
62 637
-
-
-
social contributions
5 136
-
732
-
income
13 816
-
-
-
total
18 952
-
732
-
Employer
62 637
-
-
-
social contributions
88 318
-
12 587
-
total
88 318
-
12 587
-
Corporate
-
79 000
-
-
income
-
17 380
-
-
total
-
17 380
-
-
Dividends
-
61 620
-
-
income
-
13 556
-
-
total
-
13 556
-
-
Income
79 000
79 000
79 000
79 000
Total tax
107 270
30 936
13 319
24 405
After tax
-28 270
48 064
65 681
54 595
Living cost
43 684
43 684
43 684
43 684
Free-cash
-71 954
4 380
21 997
10 911

Estimated living cost  is ₽43684 per week

₽28344
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4108
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽557
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10675
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽13694
₽10239
₽13494
₽12689
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
79 000
income
-
-
-
6 811
surtax
-
-
-
-
social contributions

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

-
-
-
27 453
total
-
-
-
34 264
Employee
45 810
-
63 839
-
surtax
-
-
-
-
social contributions
5 039
-
7 022
-
income
9 529
-
15 336
-
total
14 568
-
22 358
-
Employer
45 810
-
63 839
-
social contributions
10 880
-
15 161
-
total
10 880
-
15 161
-
Corporate
22 311
79 000
-
-
income
4 686
16 590
-
-
surtax
-
-
-
-
total
4 686
16 590
-
-
Dividends
17 625
62 410
-
-
withholding
4 935
17 474
-
-
total
4 935
17 474
-
-
Income
79 000
79 000
79 000
79 000
Total tax
35 069
34 064
37 519
34 264
After tax
43 931
44 936
41 481
44 736
Living cost
31 242
31 242
31 242
31 242
Free-cash
12 689
13 694
10 239
13 494

Estimated living cost  is ₽31242 per week

₽23376
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1843
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽522
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5502
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽8291
-₽1300
-₽2233
-₽2866
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
79 000
income
-
-
-
4 465
other
-
-
-
2 450
surtax
-
-
-
-
social contributions
-
-
-
2 251
health
-
-
-
682
pensions
-
-
-
23 278
total
-
-
-
33 126
Employee
62 383
-
60 201
-
pensions
7 056
-
6 808
-
surtax
-
-
-
-
social contributions
1 777
-
1 714
-
income
5 443
-
4 873
-
total
14 276
-
13 395
-
Employer
62 383
-
60 201
-
health
4 366
-
4 213
-
pensions
10 250
-
9 889
-
unemployment
2 527
-
2 438
-
social contributions
187
-
181
-
other
2 153
-
2 077
-
total
19 483
-
18 798
-
Corporate
-
79 000
-
-
income
-
22 120
-
-
surtax
-
-
-
-
total
-
22 120
-
-
Dividends
-
56 880
-
-
surtax
-
-
-
-
social contributions
-
9 783
-
-
withholding
-
7 281
-
-
total
-
17 064
-
-
Income
79 000
79 000
79 000
79 000
Total tax
33 759
39 184
32 193
33 126
After tax
45 241
39 816
46 807
45 874
Living cost
48 107
48 107
48 107
48 107
Free-cash
-2 866
-8 291
-1 300
-2 233

Estimated living cost  is ₽48107 per week

₽32558
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3935
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽660
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10953
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽41159
₽33080
₽30867
₽37813
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
79 000
income
-
-
-
813
social contributions
-
-
-
17 380
total
-
-
-
18 193
Employee
32 021
-
68 398
-
income
-
-
930
-
social contributions
2 081
-
4 448
-
total
2 081
-
5 378
-
Employer
32 021
-
68 398
-
social contributions
4 964
-
10 602
-
total
4 964
-
10 602
-
Corporate
42 015
79 000
-
-
income
4 202
7 901
-
-
total
4 202
7 901
-
-
Dividends
37 813
71 099
-
-
total
-
-
-
-
Income
79 000
79 000
79 000
79 000
Total tax
11 247
7 901
15 980
18 193
After tax
67 753
71 099
63 020
60 807
Living cost
29 940
29 940
29 940
29 940
Free-cash
37 813
41 159
33 080
30 867

Estimated living cost  is ₽29940 per week

₽19359
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2257
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽563
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7761
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽137909
-₽137909
₽1929
-₽137909
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
79 000
labour market
-
-
-
6 251
municipal
-
-
-
13 946
national
-
-
-
8 065
pensions
-
-
-
863
total
-
-
-
29 125
Employee
202 369
202 369
202 369
-
municipal
43 093
43 093
43 093
-
labour market
16 166
16 166
16 166
-
pensions
288
288
288
-
national
24 723
24 723
24 723
-
total
84 270
84 270
84 270
-
Employer
202 369
202 369
202 369
-
national
24 766
24 766
24 766
-
labour market
16 190
16 190
16 190
-
pensions
575
575
575
-
municipal
43 162
43 162
43 162
-
total
84 693
84 693
84 693
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
79 000
79 000
79 000
79 000
Total tax
168 963
168 963
168 963
29 125
After tax
-89 963
-89 963
-89 963
49 875
Living cost
47 946
47 946
47 946
47 946
Free-cash
-137 909
-137 909
-137 909
1 929

Estimated living cost  is ₽47946 per week

₽32815
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4241
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽737
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10152
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽15443
₽18061
₽32518
₽3048
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
79 000
accident
-
-
-
254
income
-
-
-
17 622
other
-
-
-
373
health
-
-
-
2 198
pensions
-
-
-
4 193
total
-
-
-
24 640
Employee
34 359
-
65 626
-
pensions
3 869
-
7 389
-
income
4 714
-
10 819
-
health
3 934
-
7 514
-
total
12 517
-
25 722
-
Employer
34 359
-
65 626
-
pensions
5 587
-
10 671
-
accident
574
-
1 096
-
unemployment
842
-
1 608
-
total
7 003
-
13 375
-
Corporate
37 639
79 000
-
-
income

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

33 875
71 100
-
-
total
33 875
71 100
-
-
Dividends
3 764
7 900
-
-
withholding
715
1 501
-
-
total
715
1 501
-
-
Income
79 000
79 000
79 000
79 000
Total tax
54 110
72 601
39 097
24 640
After tax
24 890
6 399
39 903
54 360
Living cost
21 842
21 842
21 842
21 842
Free-cash
3 048
-15 443
18 061
32 518

Estimated living cost  is ₽21842 per week

₽15898
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1245
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.
₽4288
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽15579
₽8460
₽20003
₽11563
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
79 000
health
-
-
-
801
municipal
-
-
-
14 076
national
-
-
-
5 880
total
-
-
-
20 757
Employee
52 403
-
66 459
-
municipal
8 583
-
10 866
-
unemployment
786
-
996
-
pensions
3 536
-
4 485
-
national
866
-
2 803
-
health
391
-
609
-
total
14 162
-
19 759
-
Employer
52 403
-
66 459
-
health
403
-
512
-
pensions
9 092
-
11 530
-
accident
53
-
66
-
unemployment
340
-
433
-
total
9 888
-
12 541
-
Corporate
16 709
79 000
-
-
income
3 342
15 800
-
-
total
3 342
15 800
-
-
Dividends

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

10 026
47 400
-
-
municipal
1 805
8 532
-
-
national
-
849
-
-
total
1 805
9 381
-
-
Income
79 000
79 000
79 000
79 000
Total tax
29 197
25 181
32 300
20 757
After tax
49 803
53 819
46 700
58 243
Living cost
38 240
38 240
38 240
38 240
Free-cash
11 563
15 579
8 460
20 003

Estimated living cost  is ₽38240 per week

₽24978
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3678
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽609
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8976
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽33415
₽34253
₽35453
₽29463
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
79 000
income
-
-
-
6 147
social contributions
-
-
-
12 324
health
-
-
-
2 015
total
-
-
-
20 486
Employee
76 590
76 590
76 590
-
social contributions
2 896
6 357
5 952
-
income
8 339
7 090
7 236
-
health
594
1 302
1 219
-
total
11 829
14 749
14 407
-
Employer
76 590
76 590
76 590
-
health
645
1 418
1 327
-
social contributions
2 896
6 357
5 952
-
total
3 541
7 775
7 279
-
Corporate
40 570
-
-
-
income
5 071
-
-
-
total
5 071
-
-
-
Dividends
35 499
-
-
-
withholding
6 035
-
-
-
total
6 035
-
-
-
Income
79 000
79 000
79 000
79 000
Total tax
26 476
22 524
21 686
20 486
After tax
52 524
56 476
57 314
58 514
Living cost
23 061
23 061
23 061
23 061
Free-cash
29 463
33 415
34 253
35 453

Estimated living cost  is ₽23061 per week

₽13821
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2263
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽510
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6468
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽49605
₽32985
₽45976
₽44540
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
79 000
income
-
-
-
7 241
unemployment
-
-
-
28
health
-
-
-
3 605
pensions
-
-
-
6 336
total
-
-
-
17 210
Employee

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

22 862
-
71 625
-
unemployment
113
-
357
-
pensions
3 429
-
10 744
-
income
1 563
-
5 637
-
health
1 943
-
6 088
-
total
7 048
-
22 826
-
Employer

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

22 862
-
71 625
-
health
983
-
3 079
-
pensions
1 257
-
3 939
-
unemployment
113
-
357
-
total
2 353
-
7 375
-
Corporate
53 784
79 000
-
-
income
4 841
7 111
-
-
total
4 841
7 111
-
-
Dividends
48 944
71 889
-
-
withholding
4 404
6 470
-
-
total
4 404
6 470
-
-
Income
79 000
79 000
79 000
79 000
Total tax
18 646
13 581
30 201
17 210
After tax
60 354
65 419
48 799
61 790
Living cost
15 814
15 814
15 814
15 814
Free-cash
44 540
49 605
32 985
45 976

Estimated living cost  is ₽15814 per week

₽10090
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1140
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽471
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4113
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽25885
₽15350
₽14787
₽20660
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
79 000
accident
-
-
-
711
income
-
-
-
13 122
other
-
-
-
79
unemployment
-
-
-
554
pensions
-
-
-
22 357
total
-
-
-
36 823
Employee
36 829
-
59 902
-
other
36
-
60
-
unemployment
571
-
928
-
pensions
1 731
-
2 816
-
income
7 100
-
13 362
-
total
9 438
-
17 166
-
Employer
36 829
-
59 902
-
pensions
8 691
-
14 136
-
accident
730
-
1 185
-
unemployment
2 026
-
3 295
-
other
295
-
478
-
total
11 742
-
19 094
-
Corporate
30 429
79 000
-
-
income

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

4 565
11 849
-
-
total
4 565
11 849
-
-
Dividends
25 865
67 151
-
-
withholding
5 205
13 876
-
-
total
5 205
13 876
-
-
Income
79 000
79 000
79 000
79 000
Total tax
30 950
25 725
36 260
36 823
After tax
48 050
53 275
42 740
42 177
Living cost
27 390
27 390
27 390
27 390
Free-cash
20 660
25 885
15 350
14 787

Estimated living cost  is ₽27390 per week

₽18488
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2633
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.
₽5790
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47344
₽48113
₽48252
₽47023
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
79 000
income
-
-
-
26 340
health
-
-
-
1 032
pensions
-
-
-
1 424
total
-
-
-
28 796
Employee
2 973
-
77 398
-
unemployment
30
-
71
-
pensions
268
-
641
-
income
575
-
26 266
-
health
149
-
356
-
total
1 022
-
27 334
-
Employer
2 973
-
77 398
-
health
282
-
676
-
pensions
327
-
783
-
unemployment
59
-
142
-
total
668
-
1 601
-
Corporate
75 358
79 000
-
-
income
16 579
17 380
-
-
total
16 579
17 380
-
-
Dividends
58 779
61 620
-
-
withholding
11 756
12 324
-
-
total
11 756
12 324
-
-
Income
79 000
79 000
79 000
79 000
Total tax
30 025
29 704
28 935
28 796
After tax
48 975
49 296
50 065
50 204
Living cost
1 952
1 952
1 952
1 952
Free-cash
47 023
47 344
48 113
48 252

Estimated living cost  is ₽1952 per week

₽1160
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽158
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽45
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽589
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽39856
₽23699
₽22082
₽34956
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
79 000
income
-
-
-
11 877
unemployment
-
-
-
1 104
health
-
-
-
7 580
pensions
-
-
-
19 135
total
-
-
-
39 696
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.

25 969
-
67 006
-
unemployment
195
-
503
-
pensions
3 636
-
9 381
-
income
3 580
-
12 749
-
health
1 337
-
3 451
-
total
8 748
-
26 084
-
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.

25 969
-
67 006
-
health
1 337
-
3 451
-
pensions
3 116
-
8 041
-
unemployment
195
-
503
-
total
4 648
-
11 995
-
Corporate
48 382
79 000
-
-
income
7 257
11 850
-
-
total
7 257
11 850
-
-
Dividends
41 125
67 150
-
-
withholding
6 169
10 072
-
-
total
6 169
10 072
-
-
Income
79 000
79 000
79 000
79 000
Total tax
26 822
21 922
38 079
39 696
After tax
52 178
57 078
40 921
39 304
Living cost
17 222
17 222
17 222
17 222
Free-cash
34 956
39 856
23 699
22 082

Estimated living cost  is ₽17222 per week

₽11595
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1332
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽498
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3796
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽18084
₽14629
₽17884
₽17724
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
79 000
income
-
-
-
6 811
surtax
-
-
-
-
social contributions

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

-
-
-
27 453
total
-
-
-
34 264
Employee
38 658
-
63 839
-
surtax
-
-
-
-
social contributions
4 253
-
7 022
-
income
7 554
-
15 336
-
total
11 807
-
22 358
-
Employer
38 658
-
63 839
-
social contributions
9 180
-
15 161
-
total
9 180
-
15 161
-
Corporate
31 161
79 000
-
-
income
6 544
16 590
-
-
surtax
-
-
-
-
total
6 544
16 590
-
-
Dividends
24 618
62 410
-
-
withholding
6 893
17 474
-
-
total
6 893
17 474
-
-
Income
79 000
79 000
79 000
79 000
Total tax
34 424
34 064
37 519
34 264
After tax
44 576
44 936
41 481
44 736
Living cost
26 852
26 852
26 852
26 852
Free-cash
17 724
18 084
14 629
17 884

Estimated living cost  is ₽26852 per week

₽19019
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1866
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽476
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽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 Porto model

Close
Madrid , Spain
₽18270
₽7735
₽7172
₽10674
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
79 000
accident
-
-
-
711
income
-
-
-
13 122
other
-
-
-
79
unemployment
-
-
-
554
pensions
-
-
-
22 357
total
-
-
-
36 823
Employee
48 104
-
59 902
-
other
47
-
60
-
unemployment
745
-
928
-
pensions
2 261
-
2 816
-
income
10 047
-
13 362
-
total
13 100
-
17 166
-
Employer
48 104
-
59 902
-
pensions
11 352
-
14 136
-
accident
953
-
1 185
-
unemployment
2 646
-
3 295
-
other
386
-
478
-
total
15 337
-
19 094
-
Corporate
15 560
79 000
-
-
income

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

2 334
11 849
-
-
total
2 334
11 849
-
-
Dividends
13 225
67 151
-
-
withholding
2 550
13 876
-
-
total
2 550
13 876
-
-
Income
79 000
79 000
79 000
79 000
Total tax
33 321
25 725
36 260
36 823
After tax
45 679
53 275
42 740
42 177
Living cost
35 005
35 005
35 005
35 005
Free-cash
10 674
18 270
7 735
7 172

Estimated living cost  is ₽35005 per week

₽25139
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2722
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽493
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6651
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽50413
₽42788
₽40729
₽44344
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
79 000
income
-
-
-
11 850
unemployment
-
-
-
139
health
-
-
-
4 001
pensions

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

-
-
-
5 149
total
-
-
-
21 139
Employee
22 685
-
72 175
-
accident

We are using the highest rate at 1.1%.

249
-
383
-
pensions

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

1 992
-
3 055
-
income
2 269
-
7 217
-
health
1 044
-
1 600
-
total
5 554
-
12 255
-
Employer
22 685
-
72 175
-
health
1 565
-
2 400
-
pensions

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

2 500
-
3 833
-
accident

We are using the highest rate at 1.1%.

249
-
383
-
unemployment
136
-
209
-
total
4 450
-
6 825
-
Corporate
51 864
79 000
-
-
income
5 186
7 900
-
-
total
5 186
7 900
-
-
Dividends
46 678
71 100
-
-
withholding
2 334
3 555
-
-
total
2 334
3 555
-
-
Income
79 000
79 000
79 000
79 000
Total tax
17 524
11 455
19 080
21 139
After tax
61 476
67 545
59 920
57 861
Living cost
17 132
17 132
17 132
17 132
Free-cash
44 344
50 413
42 788
40 729

Estimated living cost  is ₽17132 per week

₽11331
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽981
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽409
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4412
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽2364
₽19826
₽15135
₽15394
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
79 000
income

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

-
-
-
13 189
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.

-
-
-
726
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.

-
-
-
6 805
trade
-
-
-
4 691
total
-
-
-
25 411
Employee

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

49 559
-
79 000
-
surtax

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

225
-
726
-
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.

4 075
-
13 189
-
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.

6 805
-
6 805
-
total
11 105
-
20 720
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
29 441
79 000
-
-
income
4 415
11 849
-
-
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.

242
652
-
-
chamber of commerce
195
267
-
-
trade
4 224
11 337
-
-
total
9 076
24 105
-
-
Dividends
20 365
54 895
-
-
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.

259
733
-
-
withholding
4 712
13 344
-
-
total
4 971
14 077
-
-
Income
79 000
79 000
79 000
79 000
Total tax
25 152
38 182
20 720
25 411
After tax
53 848
40 818
58 280
53 589
Living cost
38 454
38 454
38 454
38 454
Free-cash
15 394
2 364
19 826
15 135

Estimated living cost  is ₽38454 per week

₽26526
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4138
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽558
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7232
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽1437
₽533
₽533
₽760
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
79 000
income
-
-
-
15 136
social contributions
-
-
-
6 593
total
-
-
-
21 729
Employee
77 912
-
79 000
-
income
14 702
-
15 136
-
social contributions
6 473
-
6 593
-
total
21 175
-
21 729
-
Employer
77 912
-
79 000
-
total
-
-
-
-
Corporate
1 088
79 000
-
-
income
136
9 874
-
-
total
136
9 874
-
-
Dividends
952
69 126
-
-
withholding
191
13 825
-
-
total
191
13 825
-
-
Income
79 000
79 000
79 000
79 000
Total tax
21 502
23 699
21 729
21 729
After tax
57 498
55 301
57 271
57 271
Living cost
56 738
56 738
56 738
56 738
Free-cash
760
-1 437
533
533

Estimated living cost  is ₽56738 per week

₽43165
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4623
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽542
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8407
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽9933
₽21541
₽8432
₽15701
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
79 000
income
-
-
-
28 352
health

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

-
-
-
6 060
total
-
-
-
34 412
Employee
45 692
-
74 418
-
income
4 958
-
12 139
-
social contributions
4 578
-
4 582
-
total
9 536
-
16 721
-
Employer
45 692
-
74 418
-
social contributions
4 578
-
4 582
-
total
4 578
-
4 582
-
Corporate
28 730
79 000
-
-
income
10 056
27 649
-
-
total
10 056
27 649
-
-
Dividends
18 674
51 351
-
-
social contributions
2 973
5 262
-
-
total
2 973
5 262
-
-
Income
79 000
79 000
79 000
79 000
Total tax
27 143
32 911
21 303
34 412
After tax
51 857
46 089
57 697
44 588
Living cost
36 156
36 156
36 156
36 156
Free-cash
15 701
9 933
21 541
8 432

Estimated living cost  is ₽36156 per week

₽23816
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2850
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽554
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8935
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽22360
₽13299
₽22006
₽16765
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
79 000
income
-
-
-
14 709
pensions
-
-
-
5 455
total
-
-
-
20 164
Employee
50 554
-
69 896
-
pensions
3 859
-
6 180
-
income
9 206
-
12 532
-
health
659
-
1 055
-
total
13 724
-
19 767
-
Employer
50 554
-
69 896
-
health
961
-
1 328
-
pensions
5 108
-
7 776
-
total
6 069
-
9 104
-
Corporate
22 377
79 000
-
-
income

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

4 252
15 010
-
-
total
4 252
15 010
-
-
Dividends
18 126
63 990
-
-
withholding
1 360
4 800
-
-
total
1 360
4 800
-
-
Income
79 000
79 000
79 000
79 000
Total tax
25 405
19 810
28 871
20 164
After tax
53 595
59 190
50 129
58 836
Living cost
36 830
36 830
36 830
36 830
Free-cash
16 765
22 360
13 299
22 006

Estimated living cost  is ₽36830 per week

₽25265
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3387
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽461
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7715
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽17605
₽15899
₽30356
₽2718
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
79 000
accident
-
-
-
254
income
-
-
-
17 622
other
-
-
-
373
health
-
-
-
2 198
pensions
-
-
-
4 193
total
-
-
-
24 640
Employee
37 760
-
65 626
-
pensions
4 252
-
7 389
-
income
5 180
-
10 819
-
health
4 323
-
7 514
-
total
13 755
-
25 722
-
Employer
37 760
-
65 626
-
pensions
6 139
-
10 671
-
accident
631
-
1 096
-
unemployment
925
-
1 608
-
total
7 695
-
13 375
-
Corporate
33 545
79 000
-
-
income

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

30 191
71 100
-
-
total
30 191
71 100
-
-
Dividends
3 354
7 900
-
-
withholding
637
1 501
-
-
total
637
1 501
-
-
Income
79 000
79 000
79 000
79 000
Total tax
52 278
72 601
39 097
24 640
After tax
26 722
6 399
39 903
54 360
Living cost
24 004
24 004
24 004
24 004
Free-cash
2 718
-17 605
15 899
30 356

Estimated living cost  is ₽24004 per week

₽17616
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1399
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.
₽4505
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽53701
₽32259
₽32259
₽48860
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
79 000
income
-
-
-
11 567
unemployment
-
-
-
948
work injury
-
-
-
395
health insurance
-
-
-
5 846
pensions
-
-
-
14 536
total
-
-
-
33 292
Employee

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

21 518
-
79 000
-
health insurance
1 592
-
5 846
-
unemployment
258
-
948
-
work injury
108
-
395
-
pensions
3 959
-
14 536
-
income
2 152
-
11 567
-
total
8 069
-
33 292
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
57 482
79 000
-
-
income

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

-
-
-
-
total
-
-
-
-
Dividends
57 482
79 000
-
-
withholding
8 622
11 850
-
-
total
8 622
11 850
-
-
Income
79 000
79 000
79 000
79 000
Total tax
16 691
11 850
33 292
33 292
After tax
62 309
67 150
45 708
45 708
Living cost
13 449
13 449
13 449
13 449
Free-cash
48 860
53 701
32 259
32 259

Estimated living cost  is ₽13449 per week

₽8332
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽977
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽420
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3720
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽1932
-₽1938
₽1745
-₽4932
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
79 000
social contributions
-
-
-
20 319
regional
-
-
-
1 388
municipal
-
-
-
527
national
-
-
-
15 342
total
-
-
-
37 576
Employee
83 932
-
79 000
-
municipal
501
-
471
-
national
14 184
-
13 004
-
regional
1 267
-
1 146
-
social contributions
28 301
-
26 638
-
total
44 253
-
41 259
-
Employer
83 932
-
79 000
-
total
-
-
-
-
Corporate
-
79 000
-
-
municipal
-
3 809
-
-
nationa
-
18 960
-
-
total
-
22 769
-
-
Dividends
-
56 231
-
-
withholding
-
14 620
-
-
total
-
14 620
-
-
Income
79 000
79 000
79 000
79 000
Total tax
44 253
37 389
41 259
37 576
After tax
34 747
41 611
37 741
41 424
Living cost
39 679
39 679
39 679
39 679
Free-cash
-4 932
1 932
-1 938
1 745

Estimated living cost  is ₽39679 per week

₽27872
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2729
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽599
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8477
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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