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
₽9440
₽20604
₽22764
₽27816
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
5 052
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.

-
-
-
13 007
health

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

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

-
-
-
6 894
surtax

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

-
-
-
716
total
-
-
-
25 669
Employee

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

38 599
-
79 000
-
health

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

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

6 894
-
6 894
-
surtax

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

59
-
716
-
income

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

1 078
-
13 007
-
total
8 031
-
20 617
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
40 401
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.

333
651
-
-
income
6 059
11 851
-
-
trade
6 364
12 442
-
-
chamber of commerce
211
266
-
-
total
12 967
25 210
-
-
Dividends
27 434
53 790
-
-
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.

356
718
-
-
withholding
6 475
13 065
-
-
total
6 831
13 783
-
-
Income
79 000
79 000
79 000
79 000
Total tax
27 829
38 993
20 617
25 669
After tax
51 171
40 007
58 383
53 331
Living cost
30 567
30 567
30 567
30 567
Free-cash
20 604
9 440
27 816
22 764

Estimated living cost  is ₽30567 per week

₽19227
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3564
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽571
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7205
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Nationals of Europe, Australia, Canada, Israel, Japan, the Republic of Korea, New Zealand and the USA do not require an entry type D visa (not to confuse with a Schengen visa or a visa-free entry). For other nationals, waiting time is around 6-9 months which includes document preparation and processing.

Source of data for Dresden model

Close
Reykjavik , Iceland
-₽1698
-₽7224
-₽2615
-₽1996
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
7 959
pensions
-
-
-
9 480
national
-
-
-
12 333
social contributions
-
-
-
849
total
-
-
-
30 621
Employee
79 050
-
68 295
-
municipal
9 764
-
8 265
-
pensions
3 162
-
2 732
-
national
15 130
-
12 807
-
total
28 056
-
23 804
-
Employer
79 050
-
68 295
-
social contributions
850
-
734
-
pensions
6 324
-
5 464
-
total
7 174
-
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
35 230
29 704
30 002
30 621
After tax
43 770
49 296
48 998
48 379
Living cost
50 994
50 994
50 994
50 994
Free-cash
-7 224
-1 698
-1 996
-2 615

Estimated living cost  is ₽50994 per week

₽34660
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4740
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽763
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10830
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

It is very difficult to get a residence permit on a basis of self-employment for a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit). EU/EFTA nationals and long-term EU resident permit holders can register self-employed and apply for a permanent residence.

Source of data for Reykjavik model

Close
Riga , Latvia
₽42206
₽33927
₽21427
₽23783
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
microenterprise
-
-
-
-
income
-
-
-
11 180
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
total
-
-
-
36 578
Employee
29 488
-
63 664
-
social contributions

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

3 244
-
7 003
-
surtax
-
-
-
-
income
5 249
-
11 883
-
total
8 493
-
18 886
-
Employer
29 488
-
63 664
-
social contributions

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

7 103
-
15 336
-
surtax
-
-
-
-
total
7 103
-
15 336
-
Corporate
42 409
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%.

8 482
15 799
-
-
total
8 482
15 799
-
-
Dividends

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

33 927
63 201
-
-
total
-
-
-
-
Income
79 000
79 000
79 000
79 000
Total tax
24 078
15 799
34 222
36 578
After tax
54 922
63 201
44 778
42 422
Living cost
20 995
20 995
20 995
20 995
Free-cash
33 927
42 206
23 783
21 427

Estimated living cost  is ₽20995 per week

₽13394
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1999
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5125
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Riga model

Close
Rotterdam , Netherlands
-₽15546
-₽21212
₽2691
-₽21212
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
11 369
pensions
-
-
-
11 824
health
-
-
-
10 841
total
-
-
-
34 034
Employee
86 179
86 179
86 179
-
health
13 228
11 251
13 228
-
income

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

14 106
14 106
14 106
-
pensions
15 512
11 824
15 512
-
total
42 846
37 181
42 846
-
Employer
86 179
86 179
86 179
-
unemployment
3 102
3 102
3 102
-
pensions
5 998
5 998
5 998
-
health
5 990
5 990
5 990
-
total
15 090
15 090
15 090
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
79 000
79 000
79 000
79 000
Total tax
57 936
52 271
57 936
34 034
After tax
21 064
26 729
21 064
44 966
Living cost
42 276
42 276
42 276
42 276
Free-cash
-21 212
-15 546
-21 212
2 691

Estimated living cost  is ₽42276 per week

₽29960
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3811
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽672
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7833
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rotterdam model

Close
Stockholm , Sweden
₽4144
₽3268
₽390
₽3197
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
16 733
accident
-
-
-
158
pensions
-
-
-
8 540
other
-
-
-
9 180
unemployment
-
-
-
79
health
-
-
-
4 930
national
-
-
-
-
total
-
-
-
39 620
Employee
55 558
-
60 113
-
municipal
16 567
-
17 926
-
national
-
-
-
-
total
16 567
-
17 926
-
Employer
55 558
-
60 113
-
accident
111
-
120
-
other
6 456
-
6 985
-
unemployment
1 467
-
1 587
-
pensions
6 006
-
6 498
-
health
3 417
-
3 697
-
total
17 457
-
18 887
-
Corporate
5 986
79 000
-
-
income
1 317
17 380
-
-
total
1 317
17 380
-
-
Dividends
4 669
61 620
-
-
withholding
1 401
18 486
-
-
total
1 401
18 486
-
-
Income
79 000
79 000
79 000
79 000
Total tax
36 742
35 866
36 813
39 620
After tax
42 258
43 134
42 187
39 380
Living cost
38 990
38 990
38 990
38 990
Free-cash
3 268
4 144
3 197
390

Estimated living cost  is ₽38990 per week

₽25841
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3826
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽592
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8731
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Stockholm model

Close
Hamburg , Germany
-₽43
₽14137
₽13461
₽18739
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
5 278
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.

-
-
-
13 007
health

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

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

-
-
-
6 894
surtax

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

-
-
-
716
total
-
-
-
25 895
Employee

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

51 177
-
79 000
-
health

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

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

6 894
-
6 894
-
surtax

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

241
-
716
-
income

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

4 397
-
13 007
-
total
11 532
-
20 617
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
27 823
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.

230
651
-
-
income
4 173
11 851
-
-
trade
4 577
12 996
-
-
chamber of commerce
193
266
-
-
total
9 173
25 764
-
-
Dividends
18 650
53 236
-
-
surtax

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

236
710
-
-
withholding
4 278
12 925
-
-
total
4 514
13 635
-
-
Income
79 000
79 000
79 000
79 000
Total tax
25 219
39 399
20 617
25 895
After tax
53 781
39 601
58 383
53 105
Living cost
39 644
39 644
39 644
39 644
Free-cash
14 137
-43
18 739
13 461

Estimated living cost  is ₽39644 per week

₽26514
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4181
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽592
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8357
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽23450
₽21034
₽25914
₽24457
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
6 015
health
-
-
-
2 015
social contributions
-
-
-
12 324
total
-
-
-
20 354
Employee
77 600
77 600
77 600
-
social contributions
3 771
6 440
5 952
-
health
772
1 319
1 220
-
income
8 149
7 183
7 360
-
total
12 692
14 942
14 532
-
Employer
77 600
77 600
77 600
-
social contributions
3 771
6 440
5 952
-
health
841
1 436
1 327
-
total
4 612
7 876
7 279
-
Corporate
28 965
-
-
-
income
3 621
-
-
-
total
3 621
-
-
-
Dividends
25 343
-
-
-
withholding
4 309
-
-
-
total
4 309
-
-
-
Income
79 000
79 000
79 000
79 000
Total tax
25 234
22 818
21 811
20 354
After tax
53 766
56 182
57 189
58 646
Living cost
32 732
32 732
32 732
32 732
Free-cash
21 034
23 450
24 457
25 914

Estimated living cost  is ₽32732 per week

₽22376
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2557
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽550
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7251
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Limassol model

Close
Budapest , Hungary
₽26249
₽26630
₽36390
₽27459
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
7 900
unemployment
-
-
-
1 185
health
-
-
-
5 530
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.

26 470
10 535
66 109
-
health
1 853
737
4 628
-
income
3 236
1 288
8 082
-
pensions
2 647
1 053
6 611
-
unemployment
397
158
992
-
total
8 133
3 236
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.

26 470
10 535
66 109
-
pensions
5 162
2 054
12 891
-
total
5 162
2 054
12 891
-
Corporate
47 369
66 411
-
-
income
4 263
5 977
-
-
total
4 263
5 977
-
-
Dividends
43 106
60 434
-
-
social contributions
8 285
11 664
-
-
withholding
8 190
11 483
-
-
total
16 475
23 147
-
-
Income
79 000
79 000
79 000
79 000
Total tax
34 033
34 414
33 204
24 273
After tax
44 967
44 586
45 796
54 727
Living cost
18 337
18 337
18 337
18 337
Free-cash
26 630
26 249
27 459
36 390

Estimated living cost  is ₽18337 per week

₽12513
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1500
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽366
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3957
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Budapest model

Close
Tallinn , Estonia
₽38826
₽32555
₽17968
₽21159
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
15 799
health
-
-
-
10 271
total
-
-
-
36 657
Employee
28 629
-
59 043
-
income
3 223
-
11 383
-
pensions
573
-
1 182
-
unemployment
458
-
944
-
total
4 254
-
13 509
-
Employer
28 629
-
59 043
-
unemployment
230
-
473
-
pensions
5 726
-
11 808
-
health
3 721
-
7 676
-
total
9 677
-
19 957
-
Corporate
40 695
79 000
-
-
income
8 139
15 799
-
-
total
8 139
15 799
-
-
Dividends
32 555
63 201
-
-
total
-
-
-
-
Income
79 000
79 000
79 000
79 000
Total tax
22 070
15 799
33 466
36 657
After tax
56 930
63 201
45 534
42 343
Living cost
24 375
24 375
24 375
24 375
Free-cash
32 555
38 826
21 159
17 968

Estimated living cost  is ₽24375 per week

₽16719
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1452
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽490
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5715
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Tallinn model

Close
Gdansk , Poland
-₽15670
₽3013
₽32287
₽17809
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
253
income
-
-
-
17 657
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
24 644
Employee
34 715
-
65 626
-
health
3 975
-
7 514
-
income
4 763
-
10 843
-
pensions
3 909
-
7 390
-
total
12 647
-
25 747
-
Employer
34 715
-
65 626
-
accident
580
-
1 096
-
unemployment
850
-
1 608
-
pensions
5 645
-
10 671
-
total
7 075
-
13 375
-
Corporate
37 210
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.

33 489
71 100
-
-
total
33 489
71 100
-
-
Dividends
3 721
7 900
-
-
withholding
707
1 501
-
-
total
707
1 501
-
-
Income
79 000
79 000
79 000
79 000
Total tax
53 918
72 601
39 122
24 644
After tax
25 082
6 399
39 878
54 356
Living cost
22 069
22 069
22 069
22 069
Free-cash
3 013
-15 670
17 809
32 287

Estimated living cost  is ₽22069 per week

₽16174
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1223
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽461
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4211
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽65971
₽64269
₽69131
₽54121
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
11 349
-
79 000
-
income
2 269
-
15 800
-
total
2 269
-
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%.

67 651
79 000
-
-
total
-
-
-
-
Dividends
67 651
79 000
-
-
withholding
3 383
3 950
-
-
total
3 383
3 950
-
-
Income
79 000
79 000
79 000
79 000
Total tax
5 652
3 950
15 800
790
After tax
73 348
75 050
63 200
78 210
Living cost
9 079
9 079
9 079
9 079
Free-cash
64 269
65 971
54 121
69 131

Estimated living cost  is ₽9079 per week

₽5627
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽755
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽250
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2448
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Social security system in Georgia is financed from the government taxes which are part of our internal model. Separate pension and medical insurance contributions are not compulsory. It is advisable to purchase health insurance privately as in an event of medical emergency the treatment is likely to get costly.

Source of data for Batumi model

Close
Bratislava , Slovakia
₽31152
₽24337
₽15888
₽19420
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
18 959
other
-
-
-
3 752
health
-
-
-
3 476
total
-
-
-
36 222
Employee
36 642
-
63 101
-
health
513
-
883
-
income
6 308
-
10 862
-
pensions

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

2 564
-
4 416
-
unemployment
366
-
630
-
total
9 751
-
16 791
-
Employer
36 642
-
63 101
-
accident
293
-
506
-
other
1 833
-
3 154
-
unemployment
366
-
630
-
pensions

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

6 230
-
10 726
-
health
513
-
883
-
total
9 235
-
15 899
-
Corporate
33 124
79 000
-
-
income
6 956
16 590
-
-
total
6 956
16 590
-
-
Dividends
26 168
62 410
-
-
withholding
1 831
4 368
-
-
total
1 831
4 368
-
-
Income
79 000
79 000
79 000
79 000
Total tax
27 773
20 958
32 690
36 222
After tax
51 227
58 042
46 310
42 778
Living cost
26 890
26 890
26 890
26 890
Free-cash
24 337
31 152
19 420
15 888

Estimated living cost  is ₽26890 per week

₽19000
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1816
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽433
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5642
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Bratislava model

Close
London , United Kingdom
-₽8535
-₽29957
-₽8861
-₽17533
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
14 715
pensions
-
-
-
5 419
total
-
-
-
20 134
Employee
95 823
-
69 930
-
health
1 579
-
1 048
-
income
17 273
-
12 550
-
pensions
9 244
-
6 138
-
total
28 096
-
19 736
-
Employer
95 823
-
69 930
-
pensions
11 314
-
7 741
-
health
1 820
-
1 329
-
total
13 134
-
9 070
-
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.

-
15 009
-
-
total
-
15 009
-
-
Dividends
-
63 991
-
-
withholding
-
4 799
-
-
total
-
4 799
-
-
Income
79 000
79 000
79 000
79 000
Total tax
41 230
19 808
28 806
20 134
After tax
37 770
59 192
50 194
58 866
Living cost
67 727
67 727
67 727
67 727
Free-cash
-29 957
-8 535
-17 533
-8 861

Estimated living cost  is ₽67727 per week

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

Additional information

The only visa which will gain you entry to the UK as a freelancer is Tier 1 (with an exception of EU nationals or long-term UK residence permit holders, up until Brexit). There are two Tier 1 visa pathways.

You can either apply for an Entrepreneur visa which requires an investment of at least £200000 and creating two full time jobs, or choose an Exceptional Talent visa, which has no financial requirements but is more difficult to obtain.

Source of data for London model

Close
Varna , Bulgaria
₽54306
₽49616
₽44494
₽46525
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions

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

-
-
-
5 220
unemployment
-
-
-
141
health
-
-
-
4 056
total
-
-
-
21 267
Employee
17 531
-
72 080
-
health
806
-
1 622
-
accident

We are using the highest rate at 1.1%.

193
-
388
-
income
1 753
-
7 208
-
pensions

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

1 539
-
3 097
-
total
4 291
-
12 315
-
Employer
17 531
-
72 080
-
accident

We are using the highest rate at 1.1%.

193
-
388
-
unemployment
105
-
212
-
pensions

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

1 932
-
3 887
-
health
1 210
-
2 434
-
total
3 440
-
6 921
-
Corporate
58 029
79 000
-
-
income
5 803
7 900
-
-
total
5 803
7 900
-
-
Dividends
52 226
71 100
-
-
withholding
2 611
3 555
-
-
total
2 611
3 555
-
-
Income
79 000
79 000
79 000
79 000
Total tax
16 145
11 455
19 236
21 267
After tax
62 855
67 545
59 764
57 733
Living cost
13 239
13 239
13 239
13 239
Free-cash
49 616
54 306
46 525
44 494

Estimated living cost  is ₽13239 per week

₽7729
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽945
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽351
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4214
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Varna model

Close
Amsterdam , Netherlands
-₽29231
-₽30944
-₽10994
-₽34896
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
11 369
pensions
-
-
-
11 824
health
-
-
-
10 841
total
-
-
-
34 034
Employee
93 563
86 179
86 179
-
health
11 672
11 251
13 228
-
income

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

14 106
14 106
14 106
-
pensions
11 824
11 824
15 512
-
total
37 602
37 181
42 846
-
Employer
93 563
86 179
86 179
-
unemployment
3 369
3 102
3 102
-
pensions
6 511
5 998
5 998
-
health
6 502
5 990
5 990
-
total
16 382
15 090
15 090
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
79 000
79 000
79 000
79 000
Total tax
53 984
52 271
57 936
34 034
After tax
25 016
26 729
21 064
44 966
Living cost
55 960
55 960
55 960
55 960
Free-cash
-30 944
-29 231
-34 896
-10 994

Estimated living cost  is ₽55960 per week

₽41280
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4998
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽642
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9041
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Amsterdam model

Close
Brno , Czech Republic
₽30221
₽21599
₽14307
₽15919
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
10 665
solidarity contribution
-
-
-
-
social contributions
-
-
-
23 068
total
-
-
-
40 523
Employee
35 544
-
58 955
-
social contributions
2 310
-
3 832
-
health
4 798
-
7 959
-
solidarity contribution
-
-
-
-
income
4 265
-
7 075
-
total
11 373
-
18 866
-
Employer
35 544
-
58 955
-
social contributions
8 886
-
14 739
-
health
3 199
-
5 306
-
total
12 085
-
20 045
-
Corporate
31 371
79 000
-
-
income
5 961
15 010
-
-
total
5 961
15 010
-
-
Dividends
25 411
63 990
-
-
withholding
3 812
9 599
-
-
total
3 812
9 599
-
-
Income
79 000
79 000
79 000
79 000
Total tax
33 231
24 609
38 911
40 523
After tax
45 769
54 391
40 089
38 477
Living cost
24 170
24 170
24 170
24 170
Free-cash
21 599
30 221
15 919
14 307

Estimated living cost  is ₽24170 per week

₽16789
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1719
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽475
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5186
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽432
-₽10688
-₽456
-₽4356
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
469
regional
-
-
-
833
national
-
-
-
15 252
social contributions
-
-
-
20 319
total
-
-
-
36 873
Employee
89 689
-
79 000
-
social contributions
30 243
-
26 639
-
regional
846
-
727
-
municipal
475
-
419
-
national
15 541
-
12 988
-
total
47 105
-
40 773
-
Employer
89 689
-
79 000
-
total
-
-
-
-
Corporate
-
79 000
-
-
nationa
-
18 959
-
-
municipal
-
3 081
-
-
total
-
22 040
-
-
Dividends
-
56 959
-
-
withholding
-
14 809
-
-
total
-
14 809
-
-
Income
79 000
79 000
79 000
79 000
Total tax
47 105
36 849
40 773
36 873
After tax
31 895
42 151
38 227
42 127
Living cost
42 583
42 583
42 583
42 583
Free-cash
-10 688
-432
-4 356
-456

Estimated living cost  is ₽42583 per week

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

Source of data for Milan model

Close
Thessaloniki , Greece
₽27423
₽24282
₽20615
₽18861
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
13 187
pensions
-
-
-
15 799
other
-
-
-
-
unemployment
-
-
-
230
health
-
-
-
5 609
surtax
-
-
-
1 291
total
-
-
-
36 116
Employee
33 373
-
65 263
-
other
-
-
-
-
health
852
-
1 664
-
surtax
109
-
1 157
-
income
5 594
-
12 417
-
pensions
2 225
-
4 353
-
unemployment
2 323
-
4 543
-
total
11 103
-
24 134
-
Employer
33 373
-
65 263
-
other
-
-
-
-
unemployment
1 057
-
2 068
-
pensions
4 449
-
8 700
-
health
1 519
-
2 968
-
total
7 025
-
13 736
-
Corporate
38 603
79 000
-
-
income
10 037
20 539
-
-
total
10 037
20 539
-
-
Dividends
28 566
58 461
-
-
withholding
4 284
8 769
-
-
total
4 284
8 769
-
-
Income
79 000
79 000
79 000
79 000
Total tax
32 449
29 308
37 870
36 116
After tax
46 551
49 692
41 130
42 884
Living cost
22 269
22 269
22 269
22 269
Free-cash
24 282
27 423
18 861
20 615

Estimated living cost  is ₽22269 per week

₽13616
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2055
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽513
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6084
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Thessaloniki model

Close
Cambridge , United Kingdom
₽12923
₽4953
₽12597
₽3925
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
14 715
pensions
-
-
-
5 419
total
-
-
-
20 134
Employee
64 218
-
69 930
-
health
932
-
1 048
-
income
11 566
-
12 550
-
pensions
5 451
-
6 138
-
total
17 949
-
19 736
-
Employer
64 218
-
69 930
-
pensions
6 952
-
7 741
-
health
1 220
-
1 329
-
total
8 172
-
9 070
-
Corporate
6 610
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.

1 256
15 009
-
-
total
1 256
15 009
-
-
Dividends
5 355
63 991
-
-
withholding
401
4 799
-
-
total
401
4 799
-
-
Income
79 000
79 000
79 000
79 000
Total tax
27 778
19 808
28 806
20 134
After tax
51 222
59 192
50 194
58 866
Living cost
46 269
46 269
46 269
46 269
Free-cash
4 953
12 923
3 925
12 597

Estimated living cost  is ₽46269 per week

₽34665
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3468
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽484
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7652
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

The only visa which will gain you entry to the UK as a freelancer is Tier 1 (with an exception of EU nationals or long-term UK residence permit holders, up until Brexit). There are two Tier 1 visa pathways.

You can either apply for an Entrepreneur visa which requires an investment of at least £200000 and creating two full time jobs, or choose an Exceptional Talent visa, which has no financial requirements but is more difficult to obtain.

Source of data for Cambridge model

Close
Zurich , Switzerland
-₽40149
-₽18763
-₽9816
-₽13847
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
city
-
-
-
833
pensions
-
-
-
7 270
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
-
-
-
2 282
health
-
-
-
249
national
-
-
-
328
total
-
-
-
12 543
Employee
89 259
-
70 710
-
city
958
-
760
-
regional
2 923
-
1 926
-
health
202
-
159
-
pensions
7 499
-
5 940
-
unemployment
-
-
-
-
national
422
-
276
-
total
12 004
-
9 061
-
Employer
89 259
-
70 710
-
other

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

1 785
-
1 414
-
unemployment
-
-
-
-
pensions
7 499
-
5 940
-
health
202
-
159
-
total
9 486
-
7 513
-
Corporate
-
79 000
-
-
regional
-
16 708
-
-
national
-
6 715
-
-
total
-
23 423
-
-
Dividends
-
55 577
-
-
withholding
-
19 453
-
-
total
-
19 453
-
-
Income
79 000
79 000
79 000
79 000
Total tax
21 490
42 876
16 574
12 543
After tax
57 510
36 124
62 426
66 457
Living cost
76 273
76 273
76 273
76 273
Free-cash
-18 763
-40 149
-13 847
-9 816

Estimated living cost  is ₽76273 per week

₽49599
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6845
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽936
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18892
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽7035
₽9331
₽6651
₽12153
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
5 502
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.

-
-
-
13 007
health

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

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

-
-
-
6 894
surtax

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

-
-
-
716
total
-
-
-
26 119
Employee

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

60 649
-
79 000
-
health

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

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

6 894
-
6 894
-
surtax

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

393
-
716
-
income

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

7 132
-
13 007
-
total
14 419
-
20 617
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
18 351
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.

151
651
-
-
income
2 752
11 851
-
-
trade
3 146
13 549
-
-
chamber of commerce
178
264
-
-
total
6 227
26 315
-
-
Dividends
12 123
52 685
-
-
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.

146
703
-
-
withholding
2 647
12 787
-
-
total
2 793
13 490
-
-
Income
79 000
79 000
79 000
79 000
Total tax
23 439
39 805
20 617
26 119
After tax
55 561
39 195
58 383
52 881
Living cost
46 230
46 230
46 230
46 230
Free-cash
9 331
-7 035
12 153
6 651

Estimated living cost  is ₽46230 per week

₽33765
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3698
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽601
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8168
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Nationals of Europe, Australia, Canada, Israel, Japan, the Republic of Korea, New Zealand and the USA do not require an entry type D visa (not to confuse with a Schengen visa or a visa-free entry). For other nationals, waiting time is around 6-9 months which includes document preparation and processing.

Source of data for Munich model

Close
Nice , France
₽5287
₽11252
₽11190
₽12515
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
4 399
pensions
-
-
-
23 499
other
-
-
-
2 449
health
-
-
-
684
surtax
-
-
-
-
social contributions
-
-
-
2 252
total
-
-
-
33 283
Employee
43 191
-
60 202
-
social contributions
1 231
-
1 714
-
surtax
-
-
-
-
income
2 549
-
4 636
-
pensions
4 883
-
6 808
-
total
8 663
-
13 158
-
Employer
43 191
-
60 202
-
other
1 490
-
2 078
-
social contributions
130
-
180
-
unemployment
1 748
-
2 438
-
pensions
7 095
-
9 891
-
health
3 024
-
4 213
-
total
13 487
-
18 800
-
Corporate
22 321
79 000
-
-
surtax
-
-
-
-
income
6 251
22 119
-
-
total
6 251
22 119
-
-
Dividends
16 070
56 881
-
-
surtax
-
-
-
-
social contributions
2 763
9 786
-
-
withholding
2 057
7 281
-
-
total
4 820
17 067
-
-
Income
79 000
79 000
79 000
79 000
Total tax
33 221
39 186
31 958
33 283
After tax
45 779
39 814
47 042
45 717
Living cost
34 527
34 527
34 527
34 527
Free-cash
11 252
5 287
12 515
11 190

Estimated living cost  is ₽34527 per week

₽21771
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2808
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽588
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9363
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Nice model

Close
Marseille , France
₽8708
₽14317
₽14611
₽15936
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
4 399
pensions
-
-
-
23 499
other
-
-
-
2 449
health
-
-
-
684
surtax
-
-
-
-
social contributions
-
-
-
2 252
total
-
-
-
33 283
Employee
38 554
-
60 202
-
social contributions
1 099
-
1 714
-
surtax
-
-
-
-
income
1 988
-
4 636
-
pensions
4 361
-
6 808
-
total
7 448
-
13 158
-
Employer
38 554
-
60 202
-
other
1 331
-
2 078
-
social contributions
115
-
180
-
unemployment
1 561
-
2 438
-
pensions
6 335
-
9 891
-
health
2 698
-
4 213
-
total
12 040
-
18 800
-
Corporate
28 406
79 000
-
-
surtax
-
-
-
-
income
7 953
22 119
-
-
total
7 953
22 119
-
-
Dividends
20 453
56 881
-
-
surtax
-
-
-
-
social contributions
3 518
9 786
-
-
withholding
2 618
7 281
-
-
total
6 136
17 067
-
-
Income
79 000
79 000
79 000
79 000
Total tax
33 577
39 186
31 958
33 283
After tax
45 423
39 814
47 042
45 717
Living cost
31 106
31 106
31 106
31 106
Free-cash
14 317
8 708
15 936
14 611

Estimated living cost  is ₽31106 per week

₽18040
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3160
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽590
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9317
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Marseille model

Close
Vilnius , Lithuania
₽26798
₽27321
₽29333
₽30607
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
11 851
health
-
-
-
5 514
social contributions
-
-
-
10 903
total
-
-
-
28 268
Employee
34 217
-
79 000
-
social contributions
4 723
-
10 903
-
health
2 388
-
5 514
-
income
5 707
-
10 577
-
total
12 818
-
26 994
-
Employer
34 217
-
79 000
-
total
-
-
-
-
Corporate
44 783
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%.

2 239
3 951
-
-
total
2 239
3 951
-
-
Dividends
42 544
75 049
-
-
health
2 970
5 238
-
-
social contributions
5 872
10 357
-
-
withholding
6 381
11 257
-
-
total
15 223
26 852
-
-
Income
79 000
79 000
79 000
79 000
Total tax
30 280
30 803
26 994
28 268
After tax
48 720
48 197
52 006
50 732
Living cost
21 399
21 399
21 399
21 399
Free-cash
27 321
26 798
30 607
29 333

Estimated living cost  is ₽21399 per week

₽14321
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1319
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽492
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5265
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Vilnius model

Close
Vienna , Austria
₽9093
₽7534
₽6537
-₽8617
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
chamber of commerce
-
-
-
316
income
-
-
-
9 539
pensions
-
-
-
14 616
unemployment
-
-
-
6 190
health
-
-
-
6 044
surtax
-
-
-
199
total
-
-
-
36 904
Employee
50 434
40 217
61 188
-
other
504
402
613
-
health
1 951
1 557
2 367
-
income
5 741
2 966
8 823
-
pensions
5 165
4 117
6 266
-
unemployment
1 513
1 207
1 837
-
total
14 874
10 249
19 906
-
Employer
50 434
40 217
61 188
-
accident
655
523
795
-
other
2 396
1 909
2 907
-
chamber of commerce
201
161
245
-
unemployment
1 513
1 207
1 837
-
surtax
199
199
199
-
pensions
6 329
5 048
7 679
-
payroll
1 513
1 207
1 837
-
health
1 906
1 521
2 313
-
total
14 712
11 775
17 812
-
Corporate
13 855
27 009
57 358
-
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.

3 464
6 753
14 340
-
total
3 464
6 753
14 340
-
Dividends
10 390
20 257
-
-
withholding
2 857
5 571
-
-
total
2 857
5 571
-
-
Income
79 000
79 000
79 000
79 000
Total tax
35 907
34 348
52 058
36 904
After tax
43 093
44 652
26 942
42 096
Living cost
35 559
35 559
35 559
35 559
Free-cash
7 534
9 093
-8 617
6 537

Estimated living cost  is ₽35559 per week

₽23716
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3033
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽584
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8225
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

As a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit), you can apply for permanent residence when your business creates macroeconomic benefit. This could be an investment starting from €100,000, creating new jobs or securing existing ones, or making a substantial contribution to the region's economy. You can also be considered with a transfer of know-how to Austria or an evident commitment to develop an innovative product or technology.

Source of data for Vienna model

Close
Brussels , Belgium
₽7591
-₽14199
₽2502
-₽4681
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
national
-
-
-
24 491
communal

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

-
-
-
4 071
social contributions
-
-
-
11 140
total
-
-
-
39 702
Employee

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

72 186
-
61 184
-
communal

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

3 765
-
3 191
-
health

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

3 392
-
2 875
-
pensions

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

5 414
-
4 589
-
unemployment

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

628
-
532
-
national
22 193
-
17 890
-
total
35 392
-
29 077
-
Employer

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

72 186
-
61 184
-
accident

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

938
-
795
-
unemployment

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

1 053
-
892
-
surtax
8 185
-
6 936
-
pensions

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

6 396
-
5 422
-
health

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

4 439
-
3 763
-
total
21 011
-
17 808
-
Corporate
-
79 000
-
-
surtax
-
316
-
-
income
-
15 799
-
-
total
-
16 115
-
-
Dividends
-
62 885
-
-
withholding

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

-
18 498
-
-
total
-
18 498
-
-
Income
79 000
79 000
79 000
79 000
Total tax
56 403
34 613
46 885
39 702
After tax
22 597
44 387
32 115
39 298
Living cost
36 796
36 796
36 796
36 796
Free-cash
-14 199
7 591
-4 681
2 502

Estimated living cost  is ₽36796 per week

₽23701
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3217
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽576
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9302
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Brussels model

Close
Barcelona , Spain
₽16833
₽8781
₽5779
₽6338
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
710
income
-
-
-
13 077
pensions
-
-
-
22 357
other
-
-
-
79
unemployment
-
-
-
553
total
-
-
-
36 776
Employee
50 234
-
59 903
-
other
50
-
59
-
income
10 599
-
13 317
-
pensions
2 361
-
2 815
-
unemployment
779
-
929
-
total
13 789
-
17 120
-
Employer
50 234
-
59 903
-
accident
994
-
1 185
-
other
400
-
481
-
unemployment
2 763
-
3 294
-
pensions
11 854
-
14 137
-
total
16 011
-
19 097
-
Corporate
12 754
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.

1 913
11 851
-
-
total
1 913
11 851
-
-
Dividends
10 841
67 149
-
-
withholding
2 061
13 871
-
-
total
2 061
13 871
-
-
Income
79 000
79 000
79 000
79 000
Total tax
33 774
25 722
36 217
36 776
After tax
45 226
53 278
42 783
42 224
Living cost
36 445
36 445
36 445
36 445
Free-cash
8 781
16 833
6 338
5 779

Estimated living cost  is ₽36445 per week

₽26838
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2585
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6496
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Barcelona model

Close
Luxembourg , Luxembourg
-₽5921
-₽6554
-₽7475
-₽3410
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
666
income
-
-
-
4 667
pensions
-
-
-
11 841
health
-
-
-
5 550
surtax
-
-
-
3 916
communal
-
-
-
4 993
total
-
-
-
31 633
Employee
76 423
-
70 566
-
health
3 401
-
3 141
-
surtax
4 684
-
4 324
-
income
7 382
-
6 022
-
pensions
6 113
-
5 646
-
total
21 580
-
19 133
-
Employer
76 423
-
70 566
-
accident
688
-
636
-
pensions
6 113
-
5 646
-
health
2 331
-
2 153
-
total
9 132
-
8 435
-
Corporate
-
79 000
-
-
surtax
-
829
-
-
communal
-
5 332
-
-
income
-
11 851
-
-
total
-
18 012
-
-
Dividends
-
60 989
-
-
income
-
2 919
-
-
withholding
-
9 148
-
-
total
-
12 067
-
-
Income
79 000
79 000
79 000
79 000
Total tax
30 712
30 079
27 568
31 633
After tax
48 288
48 921
51 432
47 367
Living cost
54 842
54 842
54 842
54 842
Free-cash
-6 554
-5 921
-3 410
-7 475

Estimated living cost  is ₽54842 per week

₽41140
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3323
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽580
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9798
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Luxembourg model

Close
Athens , Greece
₽27025
₽23815
₽20217
₽18463
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
13 187
pensions
-
-
-
15 799
other
-
-
-
-
unemployment
-
-
-
230
health
-
-
-
5 609
surtax
-
-
-
1 291
total
-
-
-
36 116
Employee
33 985
-
65 263
-
other
-
-
-
-
health
868
-
1 664
-
surtax
121
-
1 157
-
income
5 697
-
12 417
-
pensions
2 267
-
4 353
-
unemployment
2 365
-
4 543
-
total
11 318
-
24 134
-
Employer
33 985
-
65 263
-
other
-
-
-
-
unemployment
1 078
-
2 068
-
pensions
4 531
-
8 700
-
health
1 545
-
2 968
-
total
7 154
-
13 736
-
Corporate
37 860
79 000
-
-
income
9 844
20 539
-
-
total
9 844
20 539
-
-
Dividends
28 016
58 461
-
-
withholding
4 202
8 769
-
-
total
4 202
8 769
-
-
Income
79 000
79 000
79 000
79 000
Total tax
32 518
29 308
37 870
36 116
After tax
46 482
49 692
41 130
42 884
Living cost
22 667
22 667
22 667
22 667
Free-cash
23 815
27 025
18 463
20 217

Estimated living cost  is ₽22667 per week

₽13685
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1971
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽527
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6486
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Athens model

Close
Naples , Italy
₽14341
₽12099
₽14583
₽10705
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
469
regional
-
-
-
1 192
national
-
-
-
15 252
social contributions
-
-
-
20 319
total
-
-
-
37 232
Employee
55 980
-
79 000
-
social contributions
18 877
-
26 639
-
regional
754
-
1 064
-
municipal
297
-
419
-
national
8 869
-
12 988
-
total
28 797
-
41 110
-
Employer
55 980
-
79 000
-
total
-
-
-
-
Corporate
23 020
79 000
-
-
nationa
5 525
18 959
-
-
municipal
1 143
3 926
-
-
total
6 668
22 885
-
-
Dividends
16 352
56 115
-
-
withholding
4 251
14 589
-
-
total
4 251
14 589
-
-
Income
79 000
79 000
79 000
79 000
Total tax
39 716
37 474
41 110
37 232
After tax
39 284
41 526
37 890
41 768
Living cost
27 185
27 185
27 185
27 185
Free-cash
12 099
14 341
10 705
14 583

Estimated living cost  is ₽27185 per week

₽16906
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2754
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽465
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7059
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Naples model

Close
Prague , Czech Republic
₽24608
₽13982
₽8694
₽10306
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
10 665
solidarity contribution
-
-
-
-
social contributions
-
-
-
23 068
total
-
-
-
40 523
Employee
43 799
-
58 955
-
social contributions
2 847
-
3 832
-
health
5 913
-
7 959
-
solidarity contribution
-
-
-
-
income
5 256
-
7 075
-
total
14 016
-
18 866
-
Employer
43 799
-
58 955
-
social contributions
10 950
-
14 739
-
health
3 942
-
5 306
-
total
14 892
-
20 045
-
Corporate
20 309
79 000
-
-
income
3 859
15 010
-
-
total
3 859
15 010
-
-
Dividends
16 450
63 990
-
-
withholding
2 468
9 599
-
-
total
2 468
9 599
-
-
Income
79 000
79 000
79 000
79 000
Total tax
35 235
24 609
38 911
40 523
After tax
43 765
54 391
40 089
38 477
Living cost
29 783
29 783
29 783
29 783
Free-cash
13 982
24 608
10 306
8 694

Estimated living cost  is ₽29783 per week

₽22149
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1650
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽515
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5469
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽12566
₽12067
₽10099
-₽5205
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
chamber of commerce
-
-
-
316
income
-
-
-
9 539
pensions
-
-
-
14 616
unemployment
-
-
-
6 190
health
-
-
-
6 044
surtax
-
-
-
-
total
-
-
-
36 705
Employee
44 114
40 217
61 347
-
other
440
402
613
-
health
1 706
1 557
2 375
-
income
3 930
2 966
8 869
-
pensions
4 518
4 117
6 281
-
unemployment
1 323
1 207
1 840
-
total
11 917
10 249
19 978
-
Employer
44 114
40 217
61 347
-
accident
573
523
797
-
other
2 095
1 909
2 913
-
chamber of commerce
176
161
245
-
unemployment
1 323
1 207
1 840
-
surtax
-
-
-
-
pensions
5 537
5 048
7 699
-
payroll
1 323
1 207
1 840
-
health
1 668
1 521
2 319
-
total
12 695
11 576
17 653
-
Corporate
22 191
27 208
57 517
-
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.

5 548
6 802
14 378
-
total
5 548
6 802
14 378
-
Dividends
16 643
20 406
-
-
withholding
4 577
5 611
-
-
total
4 577
5 611
-
-
Income
79 000
79 000
79 000
79 000
Total tax
34 737
34 238
52 009
36 705
After tax
44 263
44 762
26 991
42 295
Living cost
32 196
32 196
32 196
32 196
Free-cash
12 067
12 566
-5 205
10 099

Estimated living cost  is ₽32196 per week

₽19314
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3288
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽575
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9020
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

As a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit), you can apply for permanent residence when your business creates macroeconomic benefit. This could be an investment starting from €100,000, creating new jobs or securing existing ones, or making a substantial contribution to the region's economy. You can also be considered with a transfer of know-how to Austria or an evident commitment to develop an innovative product or technology.

Source of data for Graz model

Close
Tbilisi , Georgia
₽60901
₽58248
₽64061
₽49051
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
17 686
-
79 000
-
income
3 537
-
15 800
-
total
3 537
-
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%.

61 314
79 000
-
-
total
-
-
-
-
Dividends
61 314
79 000
-
-
withholding
3 066
3 950
-
-
total
3 066
3 950
-
-
Income
79 000
79 000
79 000
79 000
Total tax
6 603
3 950
15 800
790
After tax
72 397
75 050
63 200
78 210
Living cost
14 149
14 149
14 149
14 149
Free-cash
58 248
60 901
49 051
64 061

Estimated living cost  is ₽14149 per week

₽9574
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽594
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽474
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3505
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Social security system in Georgia is financed from the government taxes which are part of our internal model. Separate pension and medical insurance contributions are not compulsory. It is advisable to purchase health insurance privately as in an event of medical emergency the treatment is likely to get costly.

Source of data for Tbilisi model

Close
Ljubljana , Slovenia
₽27324
₽18883
₽14765
₽12503
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
14 847
pensions
-
-
-
14 428
unemployment
-
-
-
119
health
-
-
-
7 773
total
-
-
-
37 167
Employee

The minimum monthly earnings used to calculate contributions are 54% (gradually rising by two percent until reaching 60% by 2021) of the insured's average monthly wage in the last year.

44 626
-
68 356
-
health
2 882
-
4 416
-
income
7 696
-
13 681
-
pensions
6 917
-
10 594
-
unemployment
63
-
96
-
total
17 558
-
28 787
-
Employer

The minimum monthly earnings used to calculate contributions are 54% (gradually rising by two percent until reaching 60% by 2021) of the insured's average monthly wage in the last year.

44 626
-
68 356
-
unemployment
27
-
40
-
pensions
3 949
-
6 050
-
health
2 972
-
4 552
-
total
6 948
-
10 642
-
Corporate
27 426
79 000
-
-
income
5 211
15 010
-
-
total
5 211
15 010
-
-
Dividends
22 215
63 990
-
-
withholding
3 332
9 598
-
-
total
3 332
9 598
-
-
Income
79 000
79 000
79 000
79 000
Total tax
33 049
24 608
39 429
37 167
After tax
45 951
54 392
39 571
41 833
Living cost
27 068
27 068
27 068
27 068
Free-cash
18 883
27 324
12 503
14 765

Estimated living cost  is ₽27068 per week

₽18576
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1735
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6234
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Ljubljana model

Close
Oslo , Norway
₽4484
-₽71594
₽11015
₽22133
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
62 487
-
-
-
social contributions
5 124
-
730
-
income
13 783
-
-
-
total
18 907
-
730
-
Employer
62 487
-
-
-
social contributions
88 107
-
12 557
-
total
88 107
-
12 557
-
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
107 014
30 936
13 287
24 405
After tax
-28 014
48 064
65 713
54 595
Living cost
43 580
43 580
43 580
43 580
Free-cash
-71 594
4 484
22 133
11 015

Estimated living cost  is ₽43580 per week

₽28276
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4099
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽555
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10649
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽13281
₽12266
₽13111
₽9900
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
6 782
surtax
-
-
-
-
social contributions

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

-
-
-
27 453
total
-
-
-
34 235
Employee
46 414
-
63 838
-
social contributions
5 106
-
7 023
-
surtax
-
-
-
-
income
9 654
-
15 261
-
total
14 760
-
22 284
-
Employer
46 414
-
63 838
-
social contributions
11 023
-
15 162
-
total
11 023
-
15 162
-
Corporate
21 563
79 000
-
-
surtax
-
-
-
-
income
4 527
16 590
-
-
total
4 527
16 590
-
-
Dividends
17 036
62 410
-
-
withholding
4 770
17 475
-
-
total
4 770
17 475
-
-
Income
79 000
79 000
79 000
79 000
Total tax
35 080
34 065
37 446
34 235
After tax
43 920
44 935
41 554
44 765
Living cost
31 654
31 654
31 654
31 654
Free-cash
12 266
13 281
9 900
13 111

Estimated living cost  is ₽31654 per week

₽23684
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1867
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽529
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5575
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Lisbon model

Close
Paris , France
-₽8928
-₽3946
-₽3025
-₽1700
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
4 399
pensions
-
-
-
23 499
other
-
-
-
2 449
health
-
-
-
684
surtax
-
-
-
-
social contributions
-
-
-
2 252
total
-
-
-
33 283
Employee
63 206
-
60 202
-
social contributions
1 800
-
1 714
-
surtax
-
-
-
-
income
5 515
-
4 636
-
pensions
7 149
-
6 808
-
total
14 464
-
13 158
-
Employer
63 206
-
60 202
-
other
2 181
-
2 078
-
social contributions
190
-
180
-
unemployment
2 560
-
2 438
-
pensions
10 386
-
9 891
-
health
4 424
-
4 213
-
total
19 741
-
18 800
-
Corporate
-
79 000
-
-
surtax
-
-
-
-
income
-
22 119
-
-
total
-
22 119
-
-
Dividends
-
56 881
-
-
surtax
-
-
-
-
social contributions
-
9 786
-
-
withholding
-
7 281
-
-
total
-
17 067
-
-
Income
79 000
79 000
79 000
79 000
Total tax
34 205
39 186
31 958
33 283
After tax
44 795
39 814
47 042
45 717
Living cost
48 742
48 742
48 742
48 742
Free-cash
-3 946
-8 928
-1 700
-3 025

Estimated living cost  is ₽48742 per week

₽32987
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3987
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽668
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11098
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Paris model

Close
Andorra , Andorra
₽40765
₽37375
₽30503
₽32718
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
783
social contributions
-
-
-
17 379
total
-
-
-
18 162
Employee
32 444
-
68 398
-
income
-
-
900
-
social contributions
2 109
-
4 445
-
total
2 109
-
5 345
-
Employer
32 444
-
68 398
-
social contributions
5 029
-
10 602
-
total
5 029
-
10 602
-
Corporate
41 527
79 000
-
-
income
4 152
7 900
-
-
total
4 152
7 900
-
-
Dividends
37 375
71 100
-
-
total
-
-
-
-
Income
79 000
79 000
79 000
79 000
Total tax
11 290
7 900
15 947
18 162
After tax
67 710
71 100
63 053
60 838
Living cost
30 335
30 335
30 335
30 335
Free-cash
37 375
40 765
32 718
30 503

Estimated living cost  is ₽30335 per week

₽19614
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2287
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽571
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7863
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Andorra has a limit of 1000 sole-trade resident permits per year, so while it isn't complicated to obtain one, it may get difficult by the end of the term.

Source of data for Andorra model

Close
Copenhagen , Denmark
-₽140971
-₽140971
₽1303
-₽140971
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
13 905
pensions
-
-
-
875
national
-
-
-
8 044
labour market
-
-
-
6 250
total
-
-
-
29 074
Employee
205 225
205 225
205 225
-
labour market
16 395
16 395
16 395
-
national
25 072
25 072
25 072
-
municipal
43 701
43 701
43 701
-
pensions
292
292
292
-
total
85 460
85 460
85 460
-
Employer
205 225
205 225
205 225
-
labour market
16 418
16 418
16 418
-
municipal
43 771
43 771
43 771
-
pensions
583
583
583
-
national
25 116
25 116
25 116
-
total
85 888
85 888
85 888
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
79 000
79 000
79 000
79 000
Total tax
171 348
171 348
171 348
29 074
After tax
-92 348
-92 348
-92 348
49 926
Living cost
48 623
48 623
48 623
48 623
Free-cash
-140 971
-140 971
-140 971
1 303

Estimated living cost  is ₽48623 per week

₽33278
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4301
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽748
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10296
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Copenhagen model

Close
Krakow , Poland
-₽15344
₽3063
₽32613
₽18135
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
253
income
-
-
-
17 657
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
24 644
Employee
34 203
-
65 626
-
health
3 917
-
7 514
-
income
4 692
-
10 843
-
pensions
3 852
-
7 390
-
total
12 461
-
25 747
-
Employer
34 203
-
65 626
-
accident
571
-
1 096
-
unemployment
838
-
1 608
-
pensions
5 561
-
10 671
-
total
6 970
-
13 375
-
Corporate
37 826
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.

34 044
71 100
-
-
total
34 044
71 100
-
-
Dividends
3 782
7 900
-
-
withholding
719
1 501
-
-
total
719
1 501
-
-
Income
79 000
79 000
79 000
79 000
Total tax
54 194
72 601
39 122
24 644
After tax
24 806
6 399
39 878
54 356
Living cost
21 743
21 743
21 743
21 743
Free-cash
3 063
-15 344
18 135
32 613

Estimated living cost  is ₽21743 per week

₽15827
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1239
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽408
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4269
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Poland permits registration as a sole-trader only for EU nationals or long-term EU resident permit holders. Other nationals should use a business incubator or set up a company and hire themselves as an employee.

Source of data for Krakow model

Close
Helsinki , Finland
₽15102
₽10994
₽19602
₽8057
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
14 078
health
-
-
-
795
national
-
-
-
5 780
total
-
-
-
20 653
Employee
53 094
-
66 458
-
health
396
-
601
-
municipal
8 696
-
10 868
-
pensions
3 583
-
4 485
-
unemployment
797
-
998
-
national
877
-
2 704
-
total
14 349
-
19 656
-
Employer
53 094
-
66 458
-
accident
54
-
67
-
unemployment
345
-
433
-
pensions
9 212
-
11 531
-
health
408
-
511
-
total
10 019
-
12 542
-
Corporate
15 888
79 000
-
-
income
3 177
15 799
-
-
total
3 177
15 799
-
-
Dividends

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

9 533
47 400
-
-
national
-
822
-
-
municipal
1 716
8 532
-
-
total
1 716
9 354
-
-
Income
79 000
79 000
79 000
79 000
Total tax
29 261
25 153
32 198
20 653
After tax
49 739
53 847
46 802
58 347
Living cost
38 745
38 745
38 745
38 745
Free-cash
10 994
15 102
8 057
19 602

Estimated living cost  is ₽38745 per week

₽25308
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3727
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽617
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9095
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Finland permits registration as a sole-trader only for EU nationals or long-term EU resident permit holders. Other nationals should set up a company and hire themselves as an employee.

Source of data for Helsinki model

Close
Larnaca , Cyprus
₽32817
₽29096
₽35281
₽33824
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
6 015
health
-
-
-
2 015
social contributions
-
-
-
12 324
total
-
-
-
20 354
Employee
77 600
77 600
77 600
-
social contributions
2 934
6 440
5 952
-
health
601
1 319
1 220
-
income
8 449
7 183
7 360
-
total
11 984
14 942
14 532
-
Employer
77 600
77 600
77 600
-
social contributions
2 934
6 440
5 952
-
health
653
1 436
1 327
-
total
3 587
7 876
7 279
-
Corporate
40 063
-
-
-
income
5 008
-
-
-
total
5 008
-
-
-
Dividends
35 055
-
-
-
withholding
5 960
-
-
-
total
5 960
-
-
-
Income
79 000
79 000
79 000
79 000
Total tax
26 539
22 818
21 811
20 354
After tax
52 461
56 182
57 189
58 646
Living cost
23 365
23 365
23 365
23 365
Free-cash
29 096
32 817
33 824
35 281

Estimated living cost  is ₽23365 per week

₽14003
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2292
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽517
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6553
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽49397
₽44261
₽45655
₽32780
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
7 222
pensions
-
-
-
6 419
unemployment
-
-
-
29
health
-
-
-
3 652
total
-
-
-
17 322
Employee

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

23 164
-
71 623
-
health
1 969
-
6 088
-
income
1 584
-
5 631
-
pensions
3 474
-
10 744
-
unemployment
115
-
358
-
total
7 142
-
22 821
-
Employer

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

23 164
-
71 623
-
unemployment
115
-
358
-
pensions
1 274
-
3 939
-
health
996
-
3 079
-
total
2 385
-
7 376
-
Corporate
53 452
79 000
-
-
income
4 811
7 111
-
-
total
4 811
7 111
-
-
Dividends
48 641
71 889
-
-
withholding
4 378
6 469
-
-
total
4 378
6 469
-
-
Income
79 000
79 000
79 000
79 000
Total tax
18 716
13 580
30 197
17 322
After tax
60 284
65 420
48 803
61 678
Living cost
16 023
16 023
16 023
16 023
Free-cash
44 261
49 397
32 780
45 655

Estimated living cost  is ₽16023 per week

₽10223
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1155
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4167
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Podgorica model

Close
Valencia , Spain
₽25527
₽20234
₽14473
₽15032
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
710
income
-
-
-
13 077
pensions
-
-
-
22 357
other
-
-
-
79
unemployment
-
-
-
553
total
-
-
-
36 776
Employee
37 315
-
59 903
-
other
36
-
59
-
income
7 194
-
13 317
-
pensions
1 754
-
2 815
-
unemployment
578
-
929
-
total
9 562
-
17 120
-
Employer
37 315
-
59 903
-
accident
739
-
1 185
-
other
299
-
481
-
unemployment
2 053
-
3 294
-
pensions
8 806
-
14 137
-
total
11 897
-
19 097
-
Corporate
29 789
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.

4 468
11 851
-
-
total
4 468
11 851
-
-
Dividends
25 321
67 149
-
-
withholding
5 088
13 871
-
-
total
5 088
13 871
-
-
Income
79 000
79 000
79 000
79 000
Total tax
31 015
25 722
36 217
36 776
After tax
47 985
53 278
42 783
42 224
Living cost
27 751
27 751
27 751
27 751
Free-cash
20 234
25 527
15 032
14 473

Estimated living cost  is ₽27751 per week

₽18731
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2668
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5866
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Valencia model

Close
Istanbul , Turkey
₽46540
₽46086
₽46976
₽46778
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
25 801
pensions
-
-
-
2 010
health
-
-
-
1 457
total
-
-
-
29 268
Employee
4 198
-
76 738
-
health
210
-
503
-
income
812
-
25 695
-
pensions
378
-
905
-
unemployment
42
-
101
-
total
1 442
-
27 204
-
Employer
4 198
-
76 738
-
unemployment
84
-
201
-
pensions
462
-
1 106
-
health
399
-
955
-
total
945
-
2 262
-
Corporate
73 858
79 000
-
-
income
16 249
17 380
-
-
total
16 249
17 380
-
-
Dividends
57 609
61 620
-
-
withholding
11 522
12 324
-
-
total
11 522
12 324
-
-
Income
79 000
79 000
79 000
79 000
Total tax
30 158
29 704
29 466
29 268
After tax
48 842
49 296
49 534
49 732
Living cost
2 756
2 756
2 756
2 756
Free-cash
46 086
46 540
46 778
46 976

Estimated living cost  is ₽2756 per week

₽1638
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽223
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽63
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽832
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Istanbul model

Close
Belgrade , Serbia
₽39625
₽34660
₽21689
₽23549
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
11 665
pensions
-
-
-
19 392
unemployment
-
-
-
1 119
health
-
-
-
7 682
total
-
-
-
39 858
Employee

The minimum tax base for social security contributions are defined by the Law on Mandatory Social Insurance Contributions and is fixed at 35% of an average monthly salary published in Serbia. The maximum tax base for social security contributions is capped at five times the average monthly salary published by the official statistics in Serbia at the moment of salary payment.

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

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

26 319
-
67 006
-
health
1 355
-
3 451
-
income
3 628
-
12 668
-
pensions
3 685
-
9 381
-
unemployment
197
-
503
-
total
8 865
-
26 003
-
Employer

The minimum tax base for social security contributions are defined by the Law on Mandatory Social Insurance Contributions and is fixed at 35% of an average monthly salary published in Serbia. The maximum tax base for social security contributions is capped at five times the average monthly salary published by the official statistics in Serbia at the moment of salary payment.

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

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

26 319
-
67 006
-
unemployment
197
-
503
-
pensions
3 158
-
8 041
-
health
1 355
-
3 451
-
total
4 710
-
11 995
-
Corporate
47 970
79 000
-
-
income
7 196
11 850
-
-
total
7 196
11 850
-
-
Dividends
40 775
67 150
-
-
withholding
6 116
10 072
-
-
total
6 116
10 072
-
-
Income
79 000
79 000
79 000
79 000
Total tax
26 887
21 922
37 998
39 858
After tax
52 113
57 078
41 002
39 142
Living cost
17 453
17 453
17 453
17 453
Free-cash
34 660
39 625
23 549
21 689

Estimated living cost  is ₽17453 per week

₽11751
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1350
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽505
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3847
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Belgrade model

Close
Porto , Portugal
₽17729
₽17365
₽17559
₽14348
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
6 782
surtax
-
-
-
-
social contributions

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

-
-
-
27 453
total
-
-
-
34 235
Employee
39 168
-
63 838
-
social contributions
4 309
-
7 023
-
surtax
-
-
-
-
income
7 653
-
15 261
-
total
11 962
-
22 284
-
Employer
39 168
-
63 838
-
social contributions
9 302
-
15 162
-
total
9 302
-
15 162
-
Corporate
30 530
79 000
-
-
surtax
-
-
-
-
income
6 412
16 590
-
-
total
6 412
16 590
-
-
Dividends
24 119
62 410
-
-
withholding
6 753
17 475
-
-
total
6 753
17 475
-
-
Income
79 000
79 000
79 000
79 000
Total tax
34 429
34 065
37 446
34 235
After tax
44 571
44 935
41 554
44 765
Living cost
27 206
27 206
27 206
27 206
Free-cash
17 365
17 729
14 348
17 559

Estimated living cost  is ₽27206 per week

₽19270
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1890
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽483
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5565
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Porto model

Close
Madrid , Spain
₽17811
₽10115
₽6757
₽7316
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
710
income
-
-
-
13 077
pensions
-
-
-
22 357
other
-
-
-
79
unemployment
-
-
-
553
total
-
-
-
36 776
Employee
48 738
-
59 903
-
other
48
-
59
-
income
10 180
-
13 317
-
pensions
2 290
-
2 815
-
unemployment
755
-
929
-
total
13 273
-
17 120
-
Employer
48 738
-
59 903
-
accident
965
-
1 185
-
other
391
-
481
-
unemployment
2 681
-
3 294
-
pensions
11 502
-
14 137
-
total
15 539
-
19 097
-
Corporate
14 723
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.

2 208
11 851
-
-
total
2 208
11 851
-
-
Dividends
12 515
67 149
-
-
withholding
2 398
13 871
-
-
total
2 398
13 871
-
-
Income
79 000
79 000
79 000
79 000
Total tax
33 418
25 722
36 217
36 776
After tax
45 582
53 278
42 783
42 224
Living cost
35 467
35 467
35 467
35 467
Free-cash
10 115
17 811
7 316
6 757

Estimated living cost  is ₽35467 per week

₽25471
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2758
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽500
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6739
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Madrid model

Close
Sofia , Bulgaria
₽50174
₽44020
₽40362
₽42393
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions

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

-
-
-
5 220
unemployment
-
-
-
141
health
-
-
-
4 056
total
-
-
-
21 267
Employee
23 001
-
72 080
-
health
1 058
-
1 622
-
accident

We are using the highest rate at 1.1%.

253
-
388
-
income
2 300
-
7 208
-
pensions

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

2 019
-
3 097
-
total
5 630
-
12 315
-
Employer
23 001
-
72 080
-
accident

We are using the highest rate at 1.1%.

253
-
388
-
unemployment
138
-
212
-
pensions

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

2 535
-
3 887
-
health
1 587
-
2 434
-
total
4 513
-
6 921
-
Corporate
51 486
79 000
-
-
income
5 149
7 900
-
-
total
5 149
7 900
-
-
Dividends
46 337
71 100
-
-
withholding
2 317
3 555
-
-
total
2 317
3 555
-
-
Income
79 000
79 000
79 000
79 000
Total tax
17 609
11 455
19 236
21 267
After tax
61 391
67 545
59 764
57 733
Living cost
17 370
17 370
17 370
17 370
Free-cash
44 020
50 174
42 393
40 362

Estimated living cost  is ₽17370 per week

₽11489
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽994
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽414
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4474
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Sofia model

Close
Berlin , Germany
₽1859
₽15061
₽14818
₽19422
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
4 604
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.

-
-
-
13 007
health

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

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

-
-
-
6 894
surtax

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

-
-
-
716
total
-
-
-
25 221
Employee

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

50 212
-
79 000
-
health

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

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

6 894
-
6 894
-
surtax

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

228
-
716
-
income

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

4 129
-
13 007
-
total
11 251
-
20 617
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
28 788
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.

237
651
-
-
income
4 319
11 851
-
-
trade
4 131
11 337
-
-
chamber of commerce
195
268
-
-
total
8 882
24 107
-
-
Dividends
19 905
54 893
-
-
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.

253
733
-
-
withholding
4 592
13 340
-
-
total
4 845
14 073
-
-
Income
79 000
79 000
79 000
79 000
Total tax
24 978
38 180
20 617
25 221
After tax
54 022
40 820
58 383
53 779
Living cost
38 961
38 961
38 961
38 961
Free-cash
15 061
1 859
19 422
14 818

Estimated living cost  is ₽38961 per week

₽26876
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4192
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽565
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7327
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Nationals of Europe, Australia, Canada, Israel, Japan, the Republic of Korea, New Zealand and the USA do not require an entry type D visa (not to confuse with a Schengen visa or a visa-free entry). For other nationals, waiting time is around 6-9 months which includes document preparation and processing.

Source of data for Berlin model

Close
Dublin , Ireland
-₽2186
₽40
₽29
₽29
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
14 920
social contributions
-
-
-
6 564
total
-
-
-
21 484
Employee
78 939
-
79 000
-
income
14 896
-
14 920
-
social contributions
6 558
-
6 564
-
total
21 454
-
21 484
-
Employer
78 939
-
79 000
-
total
-
-
-
-
Corporate
61
79 000
-
-
income
8
9 874
-
-
total
8
9 874
-
-
Dividends
53
69 126
-
-
withholding
11
13 825
-
-
total
11
13 825
-
-
Income
79 000
79 000
79 000
79 000
Total tax
21 473
23 699
21 484
21 484
After tax
57 527
55 301
57 516
57 516
Living cost
57 487
57 487
57 487
57 487
Free-cash
40
-2 186
29
29

Estimated living cost  is ₽57487 per week

₽43735
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4684
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽550
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8518
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

To obtain permanent residence for non EEA/Swiss nationals, it is required to invest a huge amount - at least €1 million aggregate investment into a new or an existing Irish business, for a minimum of three years.

Source of data for Dublin model

Close
Sliema , Malta
₽9385
₽15232
₽6900
₽21045
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
28 726
health

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

-
-
-
6 741
total
-
-
-
35 467
Employee
46 295
-
74 358
-
income
5 023
-
12 038
-
social contributions
4 638
-
4 642
-
total
9 661
-
16 680
-
Employer
46 295
-
74 358
-
social contributions
4 638
-
4 642
-
total
4 638
-
4 642
-
Corporate
28 067
79 000
-
-
income
9 824
27 650
-
-
total
9 824
27 650
-
-
Dividends
18 243
51 350
-
-
social contributions
3 012
5 332
-
-
total
3 012
5 332
-
-
Income
79 000
79 000
79 000
79 000
Total tax
27 135
32 982
21 322
35 467
After tax
51 865
46 018
57 678
43 533
Living cost
36 633
36 633
36 633
36 633
Free-cash
15 232
9 385
21 045
6 900

Estimated living cost  is ₽36633 per week

₽24130
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2888
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽561
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9053
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Sliema model

Close
Edinburgh , United Kingdom
₽21577
₽15859
₽21251
₽12579
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
14 715
pensions
-
-
-
5 419
total
-
-
-
20 134
Employee
51 632
-
69 930
-
health
674
-
1 048
-
income
9 403
-
12 550
-
pensions
3 941
-
6 138
-
total
14 018
-
19 736
-
Employer
51 632
-
69 930
-
pensions
5 217
-
7 741
-
health
981
-
1 329
-
total
6 198
-
9 070
-
Corporate
21 170
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.

4 023
15 009
-
-
total
4 023
15 009
-
-
Dividends
17 147
63 991
-
-
withholding
1 287
4 799
-
-
total
1 287
4 799
-
-
Income
79 000
79 000
79 000
79 000
Total tax
25 526
19 808
28 806
20 134
After tax
53 474
59 192
50 194
58 866
Living cost
37 615
37 615
37 615
37 615
Free-cash
15 859
21 577
12 579
21 251

Estimated living cost  is ₽37615 per week

₽25804
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3459
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽471
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7879
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

The only visa which will gain you entry to the UK as a freelancer is Tier 1 (with an exception of EU nationals or long-term UK residence permit holders, up until Brexit). There are two Tier 1 visa pathways.

You can either apply for an Entrepreneur visa which requires an investment of at least £200000 and creating two full time jobs, or choose an Exceptional Talent visa, which has no financial requirements but is more difficult to obtain.

Source of data for Edinburgh model

Close
Warsaw , Poland
-₽17497
₽2732
₽30460
₽15982
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
253
income
-
-
-
17 657
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
24 644
Employee
37 589
-
65 626
-
health
4 304
-
7 514
-
income
5 157
-
10 843
-
pensions
4 233
-
7 390
-
total
13 694
-
25 747
-
Employer
37 589
-
65 626
-
accident
628
-
1 096
-
unemployment
921
-
1 608
-
pensions
6 112
-
10 671
-
total
7 661
-
13 375
-
Corporate
33 751
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.

30 376
71 100
-
-
total
30 376
71 100
-
-
Dividends
3 375
7 900
-
-
withholding
641
1 501
-
-
total
641
1 501
-
-
Income
79 000
79 000
79 000
79 000
Total tax
52 372
72 601
39 122
24 644
After tax
26 628
6 399
39 878
54 356
Living cost
23 896
23 896
23 896
23 896
Free-cash
2 732
-17 497
15 982
30 460

Estimated living cost  is ₽23896 per week

₽17537
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1392
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽481
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4485
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽53519
₽48612
₽32113
₽32113
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
work injury
-
-
-
395
health insurance
-
-
-
5 846
income
-
-
-
11 531
pensions
-
-
-
14 536
unemployment
-
-
-
948
total
-
-
-
33 256
Employee

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

21 810
-
79 000
-
work injury
109
-
395
-
income
2 181
-
11 531
-
pensions
4 013
-
14 536
-
health insurance
1 614
-
5 846
-
unemployment
262
-
948
-
total
8 179
-
33 256
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
57 190
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
57 190
79 000
-
-
withholding
8 578
11 850
-
-
total
8 578
11 850
-
-
Income
79 000
79 000
79 000
79 000
Total tax
16 757
11 850
33 256
33 256
After tax
62 243
67 150
45 744
45 744
Living cost
13 631
13 631
13 631
13 631
Free-cash
48 612
53 519
32 113
32 113

Estimated living cost  is ₽13631 per week

₽8445
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽991
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽425
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3771
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Skopje model

Close
Rome , Italy
₽1411
-₽6040
₽1321
-₽2443
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
529
regional
-
-
-
1 376
national
-
-
-
15 252
social contributions
-
-
-
20 319
total
-
-
-
37 476
Employee
85 039
-
79 000
-
social contributions
28 675
-
26 639
-
regional
1 284
-
1 142
-
municipal
507
-
471
-
national
14 371
-
12 988
-
total
44 837
-
41 240
-
Employer
85 039
-
79 000
-
total
-
-
-
-
Corporate
-
79 000
-
-
nationa
-
18 959
-
-
municipal
-
3 807
-
-
total
-
22 766
-
-
Dividends
-
56 233
-
-
withholding
-
14 620
-
-
total
-
14 620
-
-
Income
79 000
79 000
79 000
79 000
Total tax
44 837
37 386
41 240
37 476
After tax
34 163
41 614
37 760
41 524
Living cost
40 203
40 203
40 203
40 203
Free-cash
-6 040
1 411
-2 443
1 321

Estimated living cost  is ₽40203 per week

₽28240
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2765
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽607
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8589
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rome model

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