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
₽11567
₽29377
₽23805
₽21945
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
79 000
income

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

-
-
-
14 022
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.

-
-
-
771
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.

-
-
-
6 410
trade
-
-
-
5 572
total
-
-
-
26 775
Employee

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

35 888
-
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.

55
-
771
-
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.

1 002
-
14 022
-
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.

6 410
-
6 410
-
total
7 467
-
21 203
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
43 112
79 000
-
-
income
6 467
11 850
-
-
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
652
-
-
chamber of commerce
205
256
-
-
trade
6 789
12 443
-
-
total
13 817
25 201
-
-
Dividends
29 294
53 799
-
-
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.

383
719
-
-
withholding
6 968
13 093
-
-
total
7 351
13 812
-
-
Income
79 000
79 000
79 000
79 000
Total tax
28 635
39 013
21 203
26 775
After tax
50 365
39 987
57 797
52 225
Living cost
28 420
28 420
28 420
28 420
Free-cash
21 945
11 567
29 377
23 805

Estimated living cost  is ₽28420 per week

₽17877
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3314
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽531
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6699
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽660
-₽1023
-₽1642
-₽5468
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
79 000
social contributions
-
-
-
849
municipal
-
-
-
7 984
national
-
-
-
12 373
pensions
-
-
-
9 480
total
-
-
-
30 686
Employee
77 442
-
68 295
-
municipal
9 565
-
8 290
-
pensions
3 098
-
2 732
-
national
14 822
-
12 847
-
total
27 485
-
23 869
-
Employer
77 442
-
68 295
-
pensions
6 195
-
5 464
-
social contributions
832
-
734
-
total
7 027
-
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
34 512
29 704
30 067
30 686
After tax
44 488
49 296
48 933
48 314
Living cost
49 956
49 956
49 956
49 956
Free-cash
-5 468
-660
-1 023
-1 642

Estimated living cost  is ₽49956 per week

₽33955
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4644
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.
₽10610
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽43680
₽25176
₽22820
₽35982
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

As of 1 January, 2018 a microenterprise tax rate for microenterprise turnover of up to €40,000 is 15%. This tax is inclusive of all other taxes and contributions.

Microenterprise tax could also be applied to a company but as the only exception is a limitation of liability, we advise to register as a sole-trader.

-
-
-
79 000
income
-
-
-
11 260
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.

-
-
-
25 399
microenterprise
-
-
-
-
total
-
-
-
36 659
Employee
27 418
-
63 664
-
surtax
-
-
-
-
social contributions

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

3 016
-
7 003
-
income
4 881
-
11 964
-
total
7 897
-
18 967
-
Employer
27 418
-
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.

6 604
-
15 336
-
surtax
-
-
-
-
total
6 604
-
15 336
-
Corporate
44 978
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%.

8 996
15 799
-
-
total
8 996
15 799
-
-
Dividends

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

35 982
63 201
-
-
total
-
-
-
-
Income
79 000
79 000
79 000
79 000
Total tax
23 497
15 799
34 303
36 659
After tax
55 503
63 201
44 697
42 341
Living cost
19 521
19 521
19 521
19 521
Free-cash
35 982
43 680
25 176
22 820

Estimated living cost  is ₽19521 per week

₽12454
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1859
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽443
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4765
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽8909
-₽14177
₽5618
-₽14177
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
12 685
health
-
-
-
10 397
pensions
-
-
-
10 993
total
-
-
-
34 075
Employee
80 127
80 127
80 127
-
pensions
14 423
10 993
14 423
-
income

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

13 116
13 116
13 116
-
health
12 299
10 461
12 299
-
total
39 838
34 570
39 838
-
Employer
80 127
80 127
80 127
-
health
5 570
5 570
5 570
-
pensions
5 577
5 577
5 577
-
unemployment
2 885
2 885
2 885
-
total
14 032
14 032
14 032
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
79 000
79 000
79 000
79 000
Total tax
53 870
48 602
53 870
34 075
After tax
25 130
30 398
25 130
44 925
Living cost
39 307
39 307
39 307
39 307
Free-cash
-14 177
-8 909
-14 177
5 618

Estimated living cost  is ₽39307 per week

₽27856
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3543
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽625
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7283
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽5650
₽4704
₽1896
₽4808
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
79 000
accident
-
-
-
158
other
-
-
-
9 180
unemployment
-
-
-
79
health
-
-
-
4 930
municipal
-
-
-
16 733
national
-
-
-
-
pensions
-
-
-
8 540
total
-
-
-
39 620
Employee
53 411
-
60 112
-
municipal
15 927
-
17 925
-
national
-
-
-
-
total
15 927
-
17 925
-
Employer
53 411
-
60 112
-
health
3 285
-
3 697
-
pensions
5 774
-
6 498
-
accident
107
-
120
-
unemployment
1 410
-
1 587
-
other
6 206
-
6 985
-
total
16 782
-
18 887
-
Corporate
8 807
79 000
-
-
income
1 938
17 380
-
-
total
1 938
17 380
-
-
Dividends
6 869
61 620
-
-
withholding
2 061
18 486
-
-
total
2 061
18 486
-
-
Income
79 000
79 000
79 000
79 000
Total tax
36 708
35 866
36 812
39 620
After tax
42 292
43 134
42 188
39 380
Living cost
37 484
37 484
37 484
37 484
Free-cash
4 808
5 650
4 704
1 896

Estimated living cost  is ₽37484 per week

₽24843
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3678
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽569
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8394
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽2719
₽20936
₽15118
₽15903
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
79 000
income

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

-
-
-
14 022
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.

-
-
-
771
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.

-
-
-
6 410
trade
-
-
-
5 819
total
-
-
-
27 022
Employee

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

47 583
-
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.

224
-
771
-
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.

4 088
-
14 022
-
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.

6 410
-
6 410
-
total
10 722
-
21 203
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
31 417
79 000
-
-
income
4 713
11 850
-
-
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.

260
652
-
-
chamber of commerce
187
255
-
-
trade
5 167
12 995
-
-
total
10 327
25 752
-
-
Dividends
21 089
53 249
-
-
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.

271
712
-
-
withholding
4 916
12 956
-
-
total
5 187
13 668
-
-
Income
79 000
79 000
79 000
79 000
Total tax
26 236
39 420
21 203
27 022
After tax
52 764
39 580
57 797
51 978
Living cost
36 860
36 860
36 860
36 860
Free-cash
15 903
2 719
20 936
15 118

Estimated living cost  is ₽36860 per week

₽24653
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3887
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.
₽7771
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽27349
₽27421
₽27633
₽23587
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
6 595
social contributions
-
-
-
12 324
health
-
-
-
2 014
total
-
-
-
20 933
Employee
72 151
72 151
72 151
-
social contributions
3 506
5 988
5 953
-
income
7 576
6 679
6 692
-
health
718
1 227
1 220
-
total
11 800
13 894
13 865
-
Employer
72 151
72 151
72 151
-
health
782
1 335
1 327
-
social contributions
3 506
5 988
5 953
-
total
4 288
7 323
7 280
-
Corporate
32 478
-
-
-
income
4 060
-
-
-
total
4 060
-
-
-
Dividends
28 418
-
-
-
withholding
4 831
-
-
-
total
4 831
-
-
-
Income
79 000
79 000
79 000
79 000
Total tax
24 979
21 217
21 145
20 933
After tax
54 021
57 783
57 855
58 067
Living cost
30 434
30 434
30 434
30 434
Free-cash
23 587
27 349
27 421
27 633

Estimated living cost  is ₽30434 per week

₽20805
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2377
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽511
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6741
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽27738
₽28979
₽37910
₽28088
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

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

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

The minimum wage is 138,000 HUF per month.

24 275
9 661
66 109
-
unemployment
364
145
992
-
pensions
2 428
966
6 611
-
income
2 968
1 181
8 082
-
health
1 699
676
4 628
-
total
7 459
2 968
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.

24 275
9 661
66 109
-
pensions
4 734
1 884
12 891
-
total
4 734
1 884
12 891
-
Corporate
49 991
67 455
-
-
income
4 499
6 071
-
-
total
4 499
6 071
-
-
Dividends
45 492
61 384
-
-
social contributions
8 760
11 859
-
-
withholding
8 643
11 663
-
-
total
17 403
23 522
-
-
Income
79 000
79 000
79 000
79 000
Total tax
34 095
34 445
33 204
24 273
After tax
44 905
44 555
45 796
54 727
Living cost
16 817
16 817
16 817
16 817
Free-cash
28 088
27 738
28 979
37 910

Estimated living cost  is ₽16817 per week

₽11476
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1376
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽336
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3629
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽40537
₽22871
₽19678
₽34706
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
10 586
health
-
-
-
10 271
pensions
-
-
-
15 801
total
-
-
-
36 658
Employee
26 618
-
59 043
-
unemployment
426
-
946
-
pensions
532
-
1 181
-
income
2 997
-
11 383
-
total
3 955
-
13 510
-
Employer
26 618
-
59 043
-
health
3 460
-
7 676
-
pensions
5 324
-
11 807
-
unemployment
214
-
472
-
total
8 998
-
19 955
-
Corporate
43 384
79 000
-
-
income
8 677
15 799
-
-
total
8 677
15 799
-
-
Dividends
34 707
63 201
-
-
total
-
-
-
-
Income
79 000
79 000
79 000
79 000
Total tax
21 630
15 799
33 465
36 658
After tax
57 370
63 201
45 535
42 342
Living cost
22 664
22 664
22 664
22 664
Free-cash
34 706
40 537
22 871
19 678

Estimated living cost  is ₽22664 per week

₽15545
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.
₽456
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5313
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽14549
₽18847
₽33376
₽3187
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
240
income
-
-
-
18 044
other
-
-
-
353
health
-
-
-
2 077
pensions
-
-
-
3 962
total
-
-
-
24 676
Employee
32 952
-
65 799
-
pensions
3 710
-
7 264
-
income
4 521
-
11 206
-
health
3 773
-
7 534
-
total
12 004
-
26 004
-
Employer
32 952
-
65 799
-
pensions
5 358
-
10 490
-
accident
550
-
1 099
-
unemployment
807
-
1 612
-
total
6 715
-
13 201
-
Corporate
39 332
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.

35 399
71 100
-
-
total
35 399
71 100
-
-
Dividends
3 933
7 900
-
-
withholding
747
1 501
-
-
total
747
1 501
-
-
Income
79 000
79 000
79 000
79 000
Total tax
54 865
72 601
39 205
24 676
After tax
24 135
6 399
39 795
54 324
Living cost
20 948
20 948
20 948
20 948
Free-cash
3 187
-14 549
18 847
33 376

Estimated living cost  is ₽20948 per week

₽15353
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1161
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽437
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3997
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽67489
₽55639
₽70649
₽66072
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
9 450
-
79 000
-
income
1 890
-
15 800
-
total
1 890
-
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%.

69 550
79 000
-
-
total
-
-
-
-
Dividends
69 550
79 000
-
-
withholding
3 477
3 950
-
-
total
3 477
3 950
-
-
Income
79 000
79 000
79 000
79 000
Total tax
5 367
3 950
15 800
790
After tax
73 633
75 050
63 200
78 210
Living cost
7 561
7 561
7 561
7 561
Free-cash
66 072
67 489
55 639
70 649

Estimated living cost  is ₽7561 per week

₽4685
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽628
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽208
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2039
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽33040
₽21309
₽17776
₽26705
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
10 034
other
-
-
-
3 752
health
-
-
-
3 476
pensions

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

-
-
-
18 960
total
-
-
-
36 222
Employee
34 069
-
63 099
-
unemployment
340
-
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.

2 384
-
4 416
-
income
5 865
-
10 862
-
health
477
-
883
-
total
9 066
-
16 791
-
Employer
34 069
-
63 099
-
health
477
-
883
-
pensions

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

5 792
-
10 726
-
accident
272
-
504
-
unemployment
340
-
630
-
other
1 704
-
3 155
-
total
8 585
-
15 898
-
Corporate
36 345
79 000
-
-
income
7 632
16 590
-
-
total
7 632
16 590
-
-
Dividends
28 713
62 410
-
-
withholding
2 010
4 368
-
-
total
2 010
4 368
-
-
Income
79 000
79 000
79 000
79 000
Total tax
27 293
20 958
32 689
36 222
After tax
51 707
58 042
46 311
42 778
Living cost
25 002
25 002
25 002
25 002
Free-cash
26 705
33 040
21 309
17 776

Estimated living cost  is ₽25002 per week

₽17665
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1688
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽402
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5246
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽3494
-₽12732
-₽3922
-₽21846
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
14 691
pensions
-
-
-
5 545
total
-
-
-
20 236
Employee
88 691
-
69 806
-
pensions
8 556
-
6 290
-
income
15 987
-
12 489
-
health
1 461
-
1 075
-
total
26 004
-
19 854
-
Employer
88 691
-
69 806
-
health
1 684
-
1 327
-
pensions
10 472
-
7 865
-
total
12 156
-
9 192
-
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
38 160
19 808
29 046
20 236
After tax
40 840
59 192
49 954
58 764
Living cost
62 686
62 686
62 686
62 686
Free-cash
-21 846
-3 494
-12 732
-3 922

Estimated living cost  is ₽62686 per week

₽46972
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7365
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽510
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7840
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽55246
₽48271
₽46102
₽50889
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
79 000
income
-
-
-
11 850
unemployment
-
-
-
131
health
-
-
-
3 768
pensions

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

-
-
-
4 850
total
-
-
-
20 599
Employee
16 286
-
72 571
-
accident

We are using the highest rate at 1.1%.

179
-
360
-
pensions

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

1 430
-
2 877
-
income
1 628
-
7 257
-
health
749
-
1 507
-
total
3 986
-
12 001
-
Employer
16 286
-
72 571
-
health
1 124
-
2 261
-
pensions

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

1 795
-
3 611
-
accident

We are using the highest rate at 1.1%.

179
-
360
-
unemployment
97
-
197
-
total
3 195
-
6 429
-
Corporate
59 518
79 000
-
-
income
5 952
7 900
-
-
total
5 952
7 900
-
-
Dividends
53 566
71 100
-
-
withholding
2 679
3 555
-
-
total
2 679
3 555
-
-
Income
79 000
79 000
79 000
79 000
Total tax
15 812
11 455
18 430
20 599
After tax
63 188
67 545
60 570
58 401
Living cost
12 299
12 299
12 299
12 299
Free-cash
50 889
55 246
48 271
46 102

Estimated living cost  is ₽12299 per week

₽7181
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽878
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽326
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3915
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽21632
-₽26900
-₽7105
-₽23223
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
12 685
health
-
-
-
10 397
pensions
-
-
-
10 993
total
-
-
-
34 075
Employee
86 993
80 127
80 127
-
pensions
10 993
10 993
14 423
-
income

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

13 116
13 116
13 116
-
health
10 853
10 461
12 299
-
total
34 962
34 570
39 838
-
Employer
86 993
80 127
80 127
-
health
6 045
5 570
5 570
-
pensions
6 054
5 577
5 577
-
unemployment
3 132
2 885
2 885
-
total
15 231
14 032
14 032
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
79 000
79 000
79 000
79 000
Total tax
50 193
48 602
53 870
34 075
After tax
28 807
30 398
25 130
44 925
Living cost
52 030
52 030
52 030
52 030
Free-cash
-23 223
-21 632
-26 900
-7 105

Estimated living cost  is ₽52030 per week

₽38381
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4647
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽597
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8406
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽31380
₽17078
₽15466
₽23171
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
79 000
income
-
-
-
6 790
social contributions
-
-
-
23 068
solidarity contribution
-
-
-
-
health
-
-
-
10 665
total
-
-
-
40 523
Employee
33 839
-
58 955
-
solidarity contribution
-
-
-
-
social contributions
2 200
-
3 832
-
income
4 061
-
7 075
-
health
4 568
-
7 959
-
total
10 829
-
18 866
-
Employer
33 839
-
58 955
-
health
3 045
-
5 306
-
social contributions
8 460
-
14 739
-
total
11 505
-
20 045
-
Corporate
33 656
79 000
-
-
income
6 395
15 010
-
-
total
6 395
15 010
-
-
Dividends
27 261
63 990
-
-
withholding
4 089
9 599
-
-
total
4 089
9 599
-
-
Income
79 000
79 000
79 000
79 000
Total tax
32 818
24 609
38 911
40 523
After tax
46 182
54 391
40 089
38 477
Living cost
23 011
23 011
23 011
23 011
Free-cash
23 171
31 380
17 078
15 466

Estimated living cost  is ₽23011 per week

₽15983
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1637
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽453
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4938
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽2558
-₽1732
₽2026
-₽4391
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
79 000
social contributions
-
-
-
20 319
regional
-
-
-
846
municipal
-
-
-
470
national
-
-
-
15 746
total
-
-
-
37 381
Employee
83 391
-
79 000
-
municipal
442
-
418
-
national
14 450
-
13 346
-
regional
787
-
737
-
social contributions
28 119
-
26 638
-
total
43 798
-
41 139
-
Employer
83 391
-
79 000
-
total
-
-
-
-
Corporate
-
79 000
-
-
municipal
-
3 080
-
-
nationa
-
18 960
-
-
total
-
22 040
-
-
Dividends
-
56 960
-
-
withholding
-
14 809
-
-
total
-
14 809
-
-
Income
79 000
79 000
79 000
79 000
Total tax
43 798
36 849
41 139
37 381
After tax
35 202
42 151
37 861
41 619
Living cost
39 593
39 593
39 593
39 593
Free-cash
-4 391
2 558
-1 732
2 026

Estimated living cost  is ₽39593 per week

₽27599
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2596
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.
₽8789
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28986
₽19948
₽21459
₽26068
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
13 752
other
-
-
-
-
surtax
-
-
-
1 462
unemployment
-
-
-
214
health
-
-
-
5 609
pensions
-
-
-
15 799
total
-
-
-
36 836
Employee
31 029
-
65 261
-
other
-
-
-
-
unemployment
2 160
-
4 542
-
pensions
2 069
-
4 354
-
surtax
101
-
1 287
-
income
5 201
-
12 760
-
health
792
-
1 665
-
total
10 323
-
24 608
-
Employer
31 029
-
65 261
-
health
1 412
-
2 970
-
pensions
4 136
-
8 700
-
unemployment
983
-
2 069
-
other
-
-
-
-
total
6 531
-
13 739
-
Corporate
41 440
79 000
-
-
income
10 774
20 539
-
-
total
10 774
20 539
-
-
Dividends
30 665
58 461
-
-
withholding
4 599
8 770
-
-
total
4 599
8 770
-
-
Income
79 000
79 000
79 000
79 000
Total tax
32 227
29 309
38 347
36 836
After tax
46 773
49 691
40 653
42 164
Living cost
20 705
20 705
20 705
20 705
Free-cash
26 068
28 986
19 948
21 459

Estimated living cost  is ₽20705 per week

₽12660
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1911
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.
₽5657
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽16367
₽7129
₽15939
₽8991
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
14 691
pensions
-
-
-
5 545
total
-
-
-
20 236
Employee
59 438
-
69 806
-
pensions
5 045
-
6 290
-
income
10 705
-
12 489
-
health
863
-
1 075
-
total
16 613
-
19 854
-
Employer
59 438
-
69 806
-
health
1 129
-
1 327
-
pensions
6 434
-
7 865
-
total
7 563
-
9 192
-
Corporate
11 998
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.

2 279
15 009
-
-
total
2 279
15 009
-
-
Dividends
9 719
63 991
-
-
withholding
729
4 799
-
-
total
729
4 799
-
-
Income
79 000
79 000
79 000
79 000
Total tax
27 184
19 808
29 046
20 236
After tax
51 816
59 192
49 954
58 764
Living cost
42 825
42 825
42 825
42 825
Free-cash
8 991
16 367
7 129
15 939

Estimated living cost  is ₽42825 per week

₽32084
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3210
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽448
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7082
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽37962
-₽11717
-₽7681
-₽15958
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
79 000
other

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

-
-
-
1 579
regional
-
-
-
2 339
health
-
-
-
242
city
-
-
-
832
national
-
-
-
336
pensions
-
-
-
7 267
total
-
-
-
12 595
Employee
86 700
-
70 708
-
unemployment
-
-
-
-
pensions
7 284
-
5 941
-
national
410
-
283
-
regional
2 839
-
1 973
-
city
930
-
759
-
health
196
-
160
-
total
11 659
-
9 116
-
Employer
86 700
-
70 708
-
health
196
-
160
-
pensions
7 284
-
5 941
-
unemployment
-
-
-
-
other

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

1 733
-
1 414
-
total
9 213
-
7 515
-
Corporate
-
79 000
-
-
regional
-
16 709
-
-
national
-
6 715
-
-
total
-
23 424
-
-
Dividends
-
55 576
-
-
withholding
-
19 452
-
-
total
-
19 452
-
-
Income
79 000
79 000
79 000
79 000
Total tax
20 872
42 876
16 631
12 595
After tax
58 128
36 124
62 369
66 405
Living cost
74 086
74 086
74 086
74 086
Free-cash
-15 958
-37 962
-11 717
-7 681

Estimated living cost  is ₽74086 per week

₽48177
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6648
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽910
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18351
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽3810
₽14813
₽8746
₽11403
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
79 000
income

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

-
-
-
14 022
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.

-
-
-
771
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.

-
-
-
6 410
trade
-
-
-
6 067
total
-
-
-
27 270
Employee

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

56 390
-
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.

365
-
771
-
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.

6 631
-
14 022
-
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.

6 410
-
6 410
-
total
13 406
-
21 203
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
22 610
79 000
-
-
income
3 392
11 850
-
-
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.

187
652
-
-
chamber of commerce
174
253
-
-
trade
3 878
13 549
-
-
total
7 631
26 304
-
-
Dividends
14 978
52 697
-
-
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.

187
705
-
-
withholding
3 389
12 817
-
-
total
3 576
13 522
-
-
Income
79 000
79 000
79 000
79 000
Total tax
24 613
39 826
21 203
27 270
After tax
54 387
39 174
57 797
51 730
Living cost
42 984
42 984
42 984
42 984
Free-cash
11 403
-3 810
14 813
8 746

Estimated living cost  is ₽42984 per week

₽31394
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3438
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽559
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7594
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽7711
₽14073
₽13790
₽13255
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
5 416
other
-
-
-
2 448
surtax
-
-
-
-
social contributions
-
-
-
2 251
health
-
-
-
682
pensions
-
-
-
22 310
total
-
-
-
33 107
Employee
40 158
-
60 200
-
pensions
4 541
-
6 809
-
surtax
-
-
-
-
social contributions
1 145
-
1 715
-
income
2 370
-
5 500
-
total
8 056
-
14 024
-
Employer
40 158
-
60 200
-
health
2 812
-
4 215
-
pensions
6 597
-
9 891
-
unemployment
1 626
-
2 438
-
social contributions
121
-
180
-
other
1 385
-
2 076
-
total
12 541
-
18 800
-
Corporate
26 301
79 000
-
-
income
7 365
22 121
-
-
surtax
-
-
-
-
total
7 365
22 121
-
-
Dividends
18 937
56 879
-
-
surtax
-
-
-
-
social contributions
3 257
9 784
-
-
withholding
2 423
7 281
-
-
total
5 680
17 065
-
-
Income
79 000
79 000
79 000
79 000
Total tax
33 642
39 186
32 824
33 107
After tax
45 358
39 814
46 176
45 893
Living cost
32 103
32 103
32 103
32 103
Free-cash
13 255
7 711
14 073
13 790

Estimated living cost  is ₽32103 per week

₽20242
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2610
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽547
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8705
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽10892
₽17254
₽16971
₽16108
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
5 416
other
-
-
-
2 448
surtax
-
-
-
-
social contributions
-
-
-
2 251
health
-
-
-
682
pensions
-
-
-
22 310
total
-
-
-
33 107
Employee
35 847
-
60 200
-
pensions
4 054
-
6 809
-
surtax
-
-
-
-
social contributions
1 022
-
1 715
-
income
1 848
-
5 500
-
total
6 924
-
14 024
-
Employer
35 847
-
60 200
-
health
2 509
-
4 215
-
pensions
5 890
-
9 891
-
unemployment
1 451
-
2 438
-
social contributions
107
-
180
-
other
1 238
-
2 076
-
total
11 195
-
18 800
-
Corporate
31 959
79 000
-
-
income
8 948
22 121
-
-
surtax
-
-
-
-
total
8 948
22 121
-
-
Dividends
23 011
56 879
-
-
surtax
-
-
-
-
social contributions
3 958
9 784
-
-
withholding
2 945
7 281
-
-
total
6 903
17 065
-
-
Income
79 000
79 000
79 000
79 000
Total tax
33 970
39 186
32 824
33 107
After tax
45 030
39 814
46 176
45 893
Living cost
28 922
28 922
28 922
28 922
Free-cash
16 108
10 892
17 254
16 971

Estimated living cost  is ₽28922 per week

₽16773
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2938
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽548
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8663
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28301
₽31742
₽30836
₽28789
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions
-
-
-
10 903
health
-
-
-
5 515
total
-
-
-
28 268
Employee
31 814
-
79 000
-
social contributions
4 391
-
10 903
-
income
5 306
-
10 944
-
health
2 220
-
5 515
-
total
11 917
-
27 362
-
Employer
31 814
-
79 000
-
total
-
-
-
-
Corporate
47 186
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%.

2 359
3 949
-
-
total
2 359
3 949
-
-
Dividends
44 827
75 051
-
-
social contributions
6 186
10 358
-
-
withholding
6 724
11 257
-
-
health
3 129
5 239
-
-
total
16 039
26 854
-
-
Income
79 000
79 000
79 000
79 000
Total tax
30 315
30 803
27 362
28 268
After tax
48 685
48 197
51 638
50 732
Living cost
19 896
19 896
19 896
19 896
Free-cash
28 789
28 301
31 742
30 836

Estimated living cost  is ₽19896 per week

₽13315
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1227
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽458
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4895
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽11471
-₽6794
₽8722
₽10021
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
10 303
surtax
-
-
-
185
unemployment
-
-
-
5 755
chamber of commerce
-
-
-
315
health
-
-
-
6 043
pensions
-
-
-
14 615
total
-
-
-
37 216
Employee
46 892
37 393
61 201
-
other
468
374
613
-
unemployment
1 407
1 122
1 836
-
pensions
4 802
3 828
6 268
-
income
5 338
2 758
9 439
-
health
1 814
1 448
2 368
-
total
13 829
9 530
20 524
-
Employer
46 892
37 393
61 201
-
chamber of commerce
187
150
244
-
health
1 772
1 414
2 313
-
pensions
5 885
4 694
7 682
-
accident
609
486
796
-
unemployment
1 407
1 122
1 836
-
surtax
185
185
185
-
payroll
1 407
1 122
1 836
-
other
2 228
1 775
2 906
-
total
13 680
10 948
17 798
-
Corporate
18 429
30 660
57 642
-
income

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

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

4 606
7 666
14 410
-
total
4 606
7 666
14 410
-
Dividends
13 823
22 994
-
-
withholding
3 802
6 323
-
-
total
3 802
6 323
-
-
Income
79 000
79 000
79 000
79 000
Total tax
35 917
34 467
52 732
37 216
After tax
43 083
44 533
26 268
41 784
Living cost
33 062
33 062
33 062
33 062
Free-cash
10 021
11 471
-6 794
8 722

Estimated living cost  is ₽33062 per week

₽22051
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2820
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽543
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7648
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽10150
-₽2527
₽4473
-₽7654
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
79 000
communal

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

-
-
-
4 049
social contributions
-
-
-
11 522
national
-
-
-
24 744
total
-
-
-
40 315
Employee

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

67 117
-
61 187
-
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.

584
-
532
-
communal

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

3 501
-
3 191
-
pensions

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

5 034
-
4 589
-
national
20 635
-
18 314
-
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.

3 153
-
2 876
-
total
32 907
-
29 502
-
Employer

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

67 117
-
61 187
-
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.

4 127
-
3 764
-
pensions

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

5 947
-
5 422
-
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.

872
-
796
-
unemployment

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

979
-
894
-
surtax
7 610
-
6 937
-
total
19 535
-
17 813
-
Corporate
-
79 000
-
-
income
-
15 799
-
-
surtax
-
315
-
-
total
-
16 114
-
-
Dividends
-
62 885
-
-
withholding

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

-
18 524
-
-
total
-
18 524
-
-
Income
79 000
79 000
79 000
79 000
Total tax
52 442
34 638
47 315
40 315
After tax
26 558
44 362
31 685
38 685
Living cost
34 212
34 212
34 212
34 212
Free-cash
-7 654
10 150
-2 527
4 473

Estimated living cost  is ₽34212 per week

₽22037
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2991
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽536
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8648
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Brussels model

Close
Barcelona , Spain
₽19377
₽8651
₽8092
₽11903
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
13 323
other
-
-
-
78
unemployment
-
-
-
554
pensions
-
-
-
22 357
total
-
-
-
37 022
Employee
46 707
-
59 903
-
other
46
-
61
-
unemployment
725
-
928
-
pensions
2 195
-
2 815
-
income
9 855
-
13 564
-
total
12 821
-
17 368
-
Employer
46 707
-
59 903
-
pensions
11 022
-
14 136
-
accident
924
-
1 186
-
unemployment
2 569
-
3 294
-
other
372
-
479
-
total
14 887
-
19 095
-
Corporate
17 406
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.

2 610
11 850
-
-
total
2 610
11 850
-
-
Dividends
14 795
67 150
-
-
withholding
2 893
13 887
-
-
total
2 893
13 887
-
-
Income
79 000
79 000
79 000
79 000
Total tax
33 211
25 737
36 463
37 022
After tax
45 789
53 263
42 537
41 978
Living cost
33 886
33 886
33 886
33 886
Free-cash
11 903
19 377
8 651
8 092

Estimated living cost  is ₽33886 per week

₽24953
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2404
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽488
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6040
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽2236
-₽280
-₽4200
-₽545
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
79 000
communal
-
-
-
4 993
accident
-
-
-
666
income
-
-
-
5 241
surtax
-
-
-
3 916
health
-
-
-
5 552
pensions
-
-
-
11 841
total
-
-
-
32 209
Employee
71 057
-
70 567
-
pensions
5 684
-
5 645
-
surtax
4 355
-
4 325
-
income
6 863
-
6 744
-
health
3 162
-
3 141
-
total
20 064
-
19 855
-
Employer
71 057
-
70 567
-
health
2 167
-
2 153
-
pensions
5 684
-
5 645
-
accident
639
-
636
-
total
8 490
-
8 434
-
Corporate
-
79 000
-
-
communal
-
5 333
-
-
income
-
11 850
-
-
surtax
-
830
-
-
total
-
18 013
-
-
Dividends
-
60 987
-
-
income
-
3 083
-
-
withholding
-
9 149
-
-
total
-
12 232
-
-
Income
79 000
79 000
79 000
79 000
Total tax
28 554
30 245
28 289
32 209
After tax
50 446
48 755
50 711
46 791
Living cost
50 991
50 991
50 991
50 991
Free-cash
-545
-2 236
-280
-4 200

Estimated living cost  is ₽50991 per week

₽38251
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3089
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽540
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9110
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28616
₽19578
₽21089
₽25632
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
13 752
other
-
-
-
-
surtax
-
-
-
1 462
unemployment
-
-
-
214
health
-
-
-
5 609
pensions
-
-
-
15 799
total
-
-
-
36 836
Employee
31 599
-
65 261
-
other
-
-
-
-
unemployment
2 199
-
4 542
-
pensions
2 108
-
4 354
-
surtax
112
-
1 287
-
income
5 297
-
12 760
-
health
807
-
1 665
-
total
10 523
-
24 608
-
Employer
31 599
-
65 261
-
health
1 437
-
2 970
-
pensions
4 213
-
8 700
-
unemployment
1 002
-
2 069
-
other
-
-
-
-
total
6 652
-
13 739
-
Corporate
40 749
79 000
-
-
income
10 595
20 539
-
-
total
10 595
20 539
-
-
Dividends
30 154
58 461
-
-
withholding
4 523
8 770
-
-
total
4 523
8 770
-
-
Income
79 000
79 000
79 000
79 000
Total tax
32 293
29 309
38 347
36 836
After tax
46 707
49 691
40 653
42 164
Living cost
21 075
21 075
21 075
21 075
Free-cash
25 632
28 616
19 578
21 089

Estimated living cost  is ₽21075 per week

₽12724
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1832
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.
₽6031
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽16248
₽12258
₽15997
₽14165
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
79 000
social contributions
-
-
-
20 319
regional
-
-
-
1 192
municipal
-
-
-
470
national
-
-
-
15 746
total
-
-
-
37 727
Employee
52 049
-
79 000
-
municipal
276
-
418
-
national
8 246
-
13 346
-
regional
701
-
1 064
-
social contributions
17 551
-
26 638
-
total
26 774
-
41 466
-
Employer
52 049
-
79 000
-
total
-
-
-
-
Corporate
26 951
79 000
-
-
municipal
1 339
3 926
-
-
nationa
6 469
18 960
-
-
total
7 808
22 886
-
-
Dividends
19 143
56 114
-
-
withholding
4 977
14 590
-
-
total
4 977
14 590
-
-
Income
79 000
79 000
79 000
79 000
Total tax
39 559
37 476
41 466
37 727
After tax
39 441
41 524
37 534
41 273
Living cost
25 276
25 276
25 276
25 276
Free-cash
14 165
16 248
12 258
15 997

Estimated living cost  is ₽25276 per week

₽15719
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2561
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.
₽6563
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽26036
₽11734
₽10122
₽15920
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
79 000
income
-
-
-
6 790
social contributions
-
-
-
23 068
solidarity contribution
-
-
-
-
health
-
-
-
10 665
total
-
-
-
40 523
Employee
41 699
-
58 955
-
solidarity contribution
-
-
-
-
social contributions
2 710
-
3 832
-
income
5 004
-
7 075
-
health
5 629
-
7 959
-
total
13 343
-
18 866
-
Employer
41 699
-
58 955
-
health
3 753
-
5 306
-
social contributions
10 425
-
14 739
-
total
14 178
-
20 045
-
Corporate
23 124
79 000
-
-
income
4 394
15 010
-
-
total
4 394
15 010
-
-
Dividends
18 730
63 990
-
-
withholding
2 810
9 599
-
-
total
2 810
9 599
-
-
Income
79 000
79 000
79 000
79 000
Total tax
34 725
24 609
38 911
40 523
After tax
44 275
54 391
40 089
38 477
Living cost
28 355
28 355
28 355
28 355
Free-cash
15 920
26 036
11 734
10 122

Estimated living cost  is ₽28355 per week

₽21087
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1571
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽491
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5207
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽14698
-₽3622
₽12034
₽14236
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
10 303
surtax
-
-
-
-
unemployment
-
-
-
5 755
chamber of commerce
-
-
-
315
health
-
-
-
6 043
pensions
-
-
-
14 615
total
-
-
-
37 031
Employee
41 016
37 393
61 342
-
other
410
374
613
-
unemployment
1 230
1 122
1 839
-
pensions
4 200
3 828
6 282
-
income
3 654
2 758
9 480
-
health
1 587
1 448
2 374
-
total
11 081
9 530
20 588
-
Employer
41 016
37 393
61 342
-
chamber of commerce
164
150
246
-
health
1 551
1 414
2 318
-
pensions
5 148
4 694
7 698
-
accident
532
486
798
-
unemployment
1 230
1 122
1 839
-
surtax
-
-
-
-
payroll
1 230
1 122
1 839
-
other
1 948
1 775
2 915
-
total
11 803
10 763
17 653
-
Corporate
26 180
30 845
57 786
-
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.

6 546
7 712
14 446
-
total
6 546
7 712
14 446
-
Dividends
19 635
23 133
-
-
withholding
5 399
6 362
-
-
total
5 399
6 362
-
-
Income
79 000
79 000
79 000
79 000
Total tax
34 829
34 367
52 687
37 031
After tax
44 171
44 633
26 313
41 969
Living cost
29 935
29 935
29 935
29 935
Free-cash
14 236
14 698
-3 622
12 034

Estimated living cost  is ₽29935 per week

₽17957
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3057
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽534
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8387
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63268
₽51418
₽66428
₽61059
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
14 727
-
79 000
-
income
2 946
-
15 800
-
total
2 946
-
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%.

64 273
79 000
-
-
total
-
-
-
-
Dividends
64 273
79 000
-
-
withholding
3 213
3 950
-
-
total
3 213
3 950
-
-
Income
79 000
79 000
79 000
79 000
Total tax
6 159
3 950
15 800
790
After tax
72 841
75 050
63 200
78 210
Living cost
11 782
11 782
11 782
11 782
Free-cash
61 059
63 268
51 418
66 428

Estimated living cost  is ₽11782 per week

₽7973
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽495
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽395
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2919
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽29223
₽14094
₽16356
₽21374
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
15 158
unemployment
-
-
-
119
health
-
-
-
7 774
pensions
-
-
-
14 426
total
-
-
-
37 477
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.

41 492
-
68 357
-
unemployment
59
-
96
-
pensions
6 432
-
10 595
-
income
7 155
-
13 991
-
health
2 680
-
4 416
-
total
16 326
-
29 098
-
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.

41 492
-
68 357
-
health
2 764
-
4 551
-
pensions
3 672
-
6 049
-
unemployment
25
-
41
-
total
6 461
-
10 641
-
Corporate
31 048
79 000
-
-
income
5 899
15 011
-
-
total
5 899
15 011
-
-
Dividends
25 149
63 989
-
-
withholding
3 773
9 599
-
-
total
3 773
9 599
-
-
Income
79 000
79 000
79 000
79 000
Total tax
32 459
24 610
39 739
37 477
After tax
46 541
54 390
39 261
41 523
Living cost
25 167
25 167
25 167
25 167
Free-cash
21 374
29 223
14 094
16 356

Estimated living cost  is ₽25167 per week

₽17272
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1613
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽488
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5796
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽7984
₽26700
₽14515
-₽59499
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
57 469
-
-
-
social contributions
4 712
-
672
-
income
12 676
-
-
-
total
17 388
-
672
-
Employer
57 469
-
-
-
social contributions
81 031
-
11 548
-
total
81 031
-
11 548
-
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
98 419
30 936
12 220
24 405
After tax
-19 419
48 064
66 780
54 595
Living cost
40 080
40 080
40 080
40 080
Free-cash
-59 499
7 984
26 700
14 515

Estimated living cost  is ₽40080 per week

₽26005
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3769
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽511
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9794
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽15503
₽11718
₽15175
₽14558
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
6 941
surtax
-
-
-
-
social contributions

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

-
-
-
27 452
total
-
-
-
34 393
Employee
43 155
-
63 838
-
surtax
-
-
-
-
social contributions
4 747
-
7 023
-
income
8 976
-
15 665
-
total
13 723
-
22 688
-
Employer
43 155
-
63 838
-
social contributions
10 249
-
15 162
-
total
10 249
-
15 162
-
Corporate
25 596
79 000
-
-
income
5 376
16 590
-
-
surtax
-
-
-
-
total
5 376
16 590
-
-
Dividends
20 220
62 410
-
-
withholding
5 662
17 475
-
-
total
5 662
17 475
-
-
Income
79 000
79 000
79 000
79 000
Total tax
35 010
34 065
37 850
34 393
After tax
43 990
44 935
41 150
44 607
Living cost
29 432
29 432
29 432
29 432
Free-cash
14 558
15 503
11 718
15 175

Estimated living cost  is ₽29432 per week

₽22021
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1736
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽491
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5183
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽5505
₽857
₽574
₽947
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
5 416
other
-
-
-
2 448
surtax
-
-
-
-
social contributions
-
-
-
2 251
health
-
-
-
682
pensions
-
-
-
22 310
total
-
-
-
33 107
Employee
58 768
-
60 200
-
pensions
6 647
-
6 809
-
surtax
-
-
-
-
social contributions
1 674
-
1 715
-
income
5 128
-
5 500
-
total
13 449
-
14 024
-
Employer
58 768
-
60 200
-
health
4 113
-
4 215
-
pensions
9 656
-
9 891
-
unemployment
2 381
-
2 438
-
social contributions
176
-
180
-
other
2 028
-
2 076
-
total
18 354
-
18 800
-
Corporate
1 878
79 000
-
-
income
525
22 121
-
-
surtax
-
-
-
-
total
525
22 121
-
-
Dividends
1 352
56 879
-
-
surtax
-
-
-
-
social contributions
233
9 784
-
-
withholding
173
7 281
-
-
total
406
17 065
-
-
Income
79 000
79 000
79 000
79 000
Total tax
32 734
39 186
32 824
33 107
After tax
46 266
39 814
46 176
45 893
Living cost
45 319
45 319
45 319
45 319
Free-cash
947
-5 505
857
574

Estimated living cost  is ₽45319 per week

₽30671
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3707
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽621
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10319
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽42894
₽34688
₽32470
₽39743
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
944
social contributions
-
-
-
17 381
total
-
-
-
18 325
Employee
30 166
-
68 398
-
income
-
-
1 061
-
social contributions
1 960
-
4 444
-
total
1 960
-
5 505
-
Employer
30 166
-
68 398
-
social contributions
4 676
-
10 602
-
total
4 676
-
10 602
-
Corporate
44 159
79 000
-
-
income
4 416
7 901
-
-
total
4 416
7 901
-
-
Dividends
39 743
71 099
-
-
total
-
-
-
-
Income
79 000
79 000
79 000
79 000
Total tax
11 052
7 901
16 107
18 325
After tax
67 948
71 099
62 893
60 675
Living cost
28 205
28 205
28 205
28 205
Free-cash
39 743
42 894
34 688
32 470

Estimated living cost  is ₽28205 per week

₽18237
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2126
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽531
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7311
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽125426
-₽125426
₽4477
-₽125426
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
79 000
labour market
-
-
-
6 255
municipal
-
-
-
14 116
national
-
-
-
8 152
pensions
-
-
-
813
total
-
-
-
29 336
Employee
190 722
190 722
190 722
-
municipal
40 613
40 613
40 613
-
labour market
15 236
15 236
15 236
-
pensions
271
271
271
-
national
23 300
23 300
23 300
-
total
79 420
79 420
79 420
-
Employer
190 722
190 722
190 722
-
national
23 341
23 341
23 341
-
labour market
15 258
15 258
15 258
-
pensions
542
542
542
-
municipal
40 678
40 678
40 678
-
total
79 819
79 819
79 819
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
79 000
79 000
79 000
79 000
Total tax
159 239
159 239
159 239
29 336
After tax
-80 239
-80 239
-80 239
49 664
Living cost
45 187
45 187
45 187
45 187
Free-cash
-125 426
-125 426
-125 426
4 477

Estimated living cost  is ₽45187 per week

₽30926
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3997
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽695
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9568
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽14240
₽19156
₽33685
₽3232
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
240
income
-
-
-
18 044
other
-
-
-
353
health
-
-
-
2 077
pensions
-
-
-
3 962
total
-
-
-
24 676
Employee
32 466
-
65 799
-
pensions
3 656
-
7 264
-
income
4 454
-
11 206
-
health
3 718
-
7 534
-
total
11 828
-
26 004
-
Employer
32 466
-
65 799
-
pensions
5 279
-
10 490
-
accident
542
-
1 099
-
unemployment
796
-
1 612
-
total
6 617
-
13 201
-
Corporate
39 917
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.

35 925
71 100
-
-
total
35 925
71 100
-
-
Dividends
3 992
7 900
-
-
withholding
759
1 501
-
-
total
759
1 501
-
-
Income
79 000
79 000
79 000
79 000
Total tax
55 129
72 601
39 205
24 676
After tax
23 871
6 399
39 795
54 324
Living cost
20 639
20 639
20 639
20 639
Free-cash
3 232
-14 240
19 156
33 685

Estimated living cost  is ₽20639 per week

₽15023
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1177
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽387
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4052
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽17636
₽10218
₽21734
₽14060
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
79 000
health
-
-
-
824
municipal
-
-
-
14 072
national
-
-
-
6 346
total
-
-
-
21 242
Employee
49 366
-
66 459
-
municipal
8 086
-
10 862
-
unemployment
741
-
997
-
pensions
3 332
-
4 485
-
national
816
-
3 241
-
health
369
-
632
-
total
13 344
-
20 217
-
Employer
49 366
-
66 459
-
health
379
-
511
-
pensions
8 565
-
11 531
-
accident
50
-
66
-
unemployment
321
-
433
-
total
9 315
-
12 541
-
Corporate
20 319
79 000
-
-
income
4 063
15 799
-
-
total
4 063
15 799
-
-
Dividends

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

12 192
47 400
-
-
municipal
2 194
8 533
-
-
national
-
1 008
-
-
total
2 194
9 541
-
-
Income
79 000
79 000
79 000
79 000
Total tax
28 916
25 340
32 758
21 242
After tax
50 084
53 660
46 242
57 758
Living cost
36 024
36 024
36 024
36 024
Free-cash
14 060
17 636
10 218
21 734

Estimated living cost  is ₽36024 per week

₽23531
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3465
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽573
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8456
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽36059
₽36131
₽36343
₽31083
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
6 595
social contributions
-
-
-
12 324
health
-
-
-
2 014
total
-
-
-
20 933
Employee
72 151
72 151
72 151
-
social contributions
2 728
5 988
5 953
-
income
7 856
6 679
6 692
-
health
559
1 227
1 220
-
total
11 143
13 894
13 865
-
Employer
72 151
72 151
72 151
-
health
607
1 335
1 327
-
social contributions
2 728
5 988
5 953
-
total
3 335
7 323
7 280
-
Corporate
42 798
-
-
-
income
5 349
-
-
-
total
5 349
-
-
-
Dividends
37 449
-
-
-
withholding
6 366
-
-
-
total
6 366
-
-
-
Income
79 000
79 000
79 000
79 000
Total tax
26 193
21 217
21 145
20 933
After tax
52 807
57 783
57 855
58 067
Living cost
21 724
21 724
21 724
21 724
Free-cash
31 083
36 059
36 131
36 343

Estimated living cost  is ₽21724 per week

₽13020
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2131
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.
₽6093
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽50522
₽33881
₽47385
₽45750
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
7 326
unemployment
-
-
-
27
health
-
-
-
3 396
pensions
-
-
-
5 969
total
-
-
-
16 718
Employee

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

21 537
-
71 623
-
unemployment
107
-
358
-
pensions
3 230
-
10 744
-
income
1 473
-
5 655
-
health
1 830
-
6 088
-
total
6 640
-
22 845
-
Employer

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

21 537
-
71 623
-
health
926
-
3 080
-
pensions
1 184
-
3 939
-
unemployment
107
-
358
-
total
2 217
-
7 377
-
Corporate
55 246
79 000
-
-
income
4 971
7 110
-
-
total
4 971
7 110
-
-
Dividends
50 274
71 890
-
-
withholding
4 525
6 471
-
-
total
4 525
6 471
-
-
Income
79 000
79 000
79 000
79 000
Total tax
18 353
13 581
30 222
16 718
After tax
60 647
65 419
48 778
62 282
Living cost
14 897
14 897
14 897
14 897
Free-cash
45 750
50 522
33 881
47 385

Estimated living cost  is ₽14897 per week

₽9505
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1074
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽443
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3875
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽27461
₽16735
₽16176
₽22537
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
13 323
other
-
-
-
78
unemployment
-
-
-
554
pensions
-
-
-
22 357
total
-
-
-
37 022
Employee
34 695
-
59 903
-
other
34
-
61
-
unemployment
538
-
928
-
pensions
1 631
-
2 815
-
income
6 689
-
13 564
-
total
8 892
-
17 368
-
Employer
34 695
-
59 903
-
pensions
8 187
-
14 136
-
accident
687
-
1 186
-
unemployment
1 909
-
3 294
-
other
278
-
479
-
total
11 061
-
19 095
-
Corporate
33 244
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.

4 987
11 850
-
-
total
4 987
11 850
-
-
Dividends
28 257
67 150
-
-
withholding
5 721
13 887
-
-
total
5 721
13 887
-
-
Income
79 000
79 000
79 000
79 000
Total tax
30 661
25 737
36 463
37 022
After tax
48 339
53 263
42 537
41 978
Living cost
25 802
25 802
25 802
25 802
Free-cash
22 537
27 461
16 735
16 176

Estimated living cost  is ₽25802 per week

₽17416
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2480
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽452
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5454
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47396
₽48199
₽48334
₽47084
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
79 000
income
-
-
-
26 375
health
-
-
-
1 005
pensions
-
-
-
1 386
total
-
-
-
28 766
Employee
2 894
-
77 441
-
unemployment
29
-
69
-
pensions
260
-
624
-
income
560
-
26 302
-
health
145
-
347
-
total
994
-
27 342
-
Employer
2 894
-
77 441
-
health
275
-
658
-
pensions
318
-
762
-
unemployment
58
-
139
-
total
651
-
1 559
-
Corporate
75 454
79 000
-
-
income
16 600
17 380
-
-
total
16 600
17 380
-
-
Dividends
58 854
61 620
-
-
withholding
11 771
12 324
-
-
total
11 771
12 324
-
-
Income
79 000
79 000
79 000
79 000
Total tax
30 016
29 704
28 901
28 766
After tax
48 984
49 296
50 099
50 234
Living cost
1 900
1 900
1 900
1 900
Free-cash
47 084
47 396
48 199
48 334

Estimated living cost  is ₽1900 per week

₽1129
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽154
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽44
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽573
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽40881
₽24366
₽23826
₽36273
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
12 816
unemployment
-
-
-
1 038
health
-
-
-
7 129
pensions
-
-
-
17 995
total
-
-
-
38 978
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.

24 423
-
67 006
-
unemployment
183
-
503
-
pensions
3 419
-
9 381
-
income
3 367
-
13 108
-
health
1 258
-
3 451
-
total
8 227
-
26 443
-
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.

24 423
-
67 006
-
health
1 258
-
3 451
-
pensions
2 931
-
8 041
-
unemployment
183
-
503
-
total
4 372
-
11 995
-
Corporate
50 205
79 000
-
-
income
7 531
11 850
-
-
total
7 531
11 850
-
-
Dividends
42 674
67 150
-
-
withholding
6 401
10 073
-
-
total
6 401
10 073
-
-
Income
79 000
79 000
79 000
79 000
Total tax
26 531
21 923
38 438
38 978
After tax
52 469
57 077
40 562
40 022
Living cost
16 196
16 196
16 196
16 196
Free-cash
36 273
40 881
24 366
23 826

Estimated living cost  is ₽16196 per week

₽10905
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1253
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽469
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3570
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽19639
₽15854
₽19311
₽19301
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
6 941
surtax
-
-
-
-
social contributions

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

-
-
-
27 452
total
-
-
-
34 393
Employee
36 418
-
63 838
-
surtax
-
-
-
-
social contributions
4 006
-
7 023
-
income
7 116
-
15 665
-
total
11 122
-
22 688
-
Employer
36 418
-
63 838
-
social contributions
8 648
-
15 162
-
total
8 648
-
15 162
-
Corporate
33 934
79 000
-
-
income
7 126
16 590
-
-
surtax
-
-
-
-
total
7 126
16 590
-
-
Dividends
26 808
62 410
-
-
withholding
7 507
17 475
-
-
total
7 507
17 475
-
-
Income
79 000
79 000
79 000
79 000
Total tax
34 403
34 065
37 850
34 393
After tax
44 597
44 935
41 150
44 607
Living cost
25 296
25 296
25 296
25 296
Free-cash
19 301
19 639
15 854
19 311

Estimated living cost  is ₽25296 per week

₽17916
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1757
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽449
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5174
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽20287
₽9561
₽9002
₽13131
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
13 323
other
-
-
-
78
unemployment
-
-
-
554
pensions
-
-
-
22 357
total
-
-
-
37 022
Employee
45 316
-
59 903
-
other
45
-
61
-
unemployment
702
-
928
-
pensions
2 130
-
2 815
-
income
9 465
-
13 564
-
total
12 342
-
17 368
-
Employer
45 316
-
59 903
-
pensions
10 694
-
14 136
-
accident
897
-
1 186
-
unemployment
2 493
-
3 294
-
other
363
-
479
-
total
14 447
-
19 095
-
Corporate
19 236
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.

2 885
11 850
-
-
total
2 885
11 850
-
-
Dividends
16 352
67 150
-
-
withholding
3 219
13 887
-
-
total
3 219
13 887
-
-
Income
79 000
79 000
79 000
79 000
Total tax
32 893
25 737
36 463
37 022
After tax
46 107
53 263
42 537
41 978
Living cost
32 976
32 976
32 976
32 976
Free-cash
13 131
20 287
9 561
9 002

Estimated living cost  is ₽32976 per week

₽23682
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2564
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.
₽6266
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽51408
₽44433
₽42264
₽45690
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
79 000
income
-
-
-
11 850
unemployment
-
-
-
131
health
-
-
-
3 768
pensions

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

-
-
-
4 850
total
-
-
-
20 599
Employee
21 368
-
72 571
-
accident

We are using the highest rate at 1.1%.

235
-
360
-
pensions

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

1 876
-
2 877
-
income
2 137
-
7 257
-
health
983
-
1 507
-
total
5 231
-
12 001
-
Employer
21 368
-
72 571
-
health
1 475
-
2 261
-
pensions

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

2 355
-
3 611
-
accident

We are using the highest rate at 1.1%.

235
-
360
-
unemployment
128
-
197
-
total
4 193
-
6 429
-
Corporate
53 440
79 000
-
-
income
5 344
7 900
-
-
total
5 344
7 900
-
-
Dividends
48 096
71 100
-
-
withholding
2 405
3 555
-
-
total
2 405
3 555
-
-
Income
79 000
79 000
79 000
79 000
Total tax
17 173
11 455
18 430
20 599
After tax
61 827
67 545
60 570
58 401
Living cost
16 137
16 137
16 137
16 137
Free-cash
45 690
51 408
44 433
42 264

Estimated living cost  is ₽16137 per week

₽10673
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽924
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽385
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4156
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Sofia model

Close
Berlin , Germany
₽4574
₽21572
₽16495
₽16847
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
79 000
income

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

-
-
-
14 022
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.

-
-
-
771
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.

-
-
-
6 410
trade
-
-
-
5 077
total
-
-
-
26 280
Employee

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

46 686
-
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.

212
-
771
-
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.

3 839
-
14 022
-
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.

6 410
-
6 410
-
total
10 461
-
21 203
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
32 314
79 000
-
-
income
4 847
11 850
-
-
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.

267
652
-
-
chamber of commerce
191
258
-
-
trade
4 637
11 337
-
-
total
9 942
24 097
-
-
Dividends
22 372
54 903
-
-
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.

288
735
-
-
withholding
5 237
13 369
-
-
total
5 525
14 104
-
-
Income
79 000
79 000
79 000
79 000
Total tax
25 928
38 201
21 203
26 280
After tax
53 072
40 799
57 797
52 720
Living cost
36 225
36 225
36 225
36 225
Free-cash
16 847
4 574
21 572
16 495

Estimated living cost  is ₽36225 per week

₽24989
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3898
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.
₽6813
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽1850
₽2744
₽2744
₽3921
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
16 091
social contributions
-
-
-
6 715
total
-
-
-
22 806
Employee
73 396
-
79 000
-
income
13 850
-
16 091
-
social contributions
6 098
-
6 715
-
total
19 948
-
22 806
-
Employer
73 396
-
79 000
-
total
-
-
-
-
Corporate
5 604
79 000
-
-
income
700
9 875
-
-
total
700
9 875
-
-
Dividends
4 904
69 125
-
-
withholding
981
13 825
-
-
total
981
13 825
-
-
Income
79 000
79 000
79 000
79 000
Total tax
21 629
23 700
22 806
22 806
After tax
57 371
55 300
56 194
56 194
Living cost
53 450
53 450
53 450
53 450
Free-cash
3 921
1 850
2 744
2 744

Estimated living cost  is ₽53450 per week

₽40664
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4355
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽511
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7920
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽12333
₽23727
₽12543
₽17481
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
26 709
health

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

-
-
-
5 687
total
-
-
-
32 396
Employee
43 044
-
74 684
-
income
4 671
-
12 580
-
social contributions
4 313
-
4 316
-
total
8 984
-
16 896
-
Employer
43 044
-
74 684
-
social contributions
4 313
-
4 316
-
total
4 313
-
4 316
-
Corporate
31 643
79 000
-
-
income
11 075
27 649
-
-
total
11 075
27 649
-
-
Dividends
20 568
51 351
-
-
social contributions
3 086
4 957
-
-
total
3 086
4 957
-
-
Income
79 000
79 000
79 000
79 000
Total tax
27 458
32 606
21 212
32 396
After tax
51 542
46 394
57 788
46 604
Living cost
34 061
34 061
34 061
34 061
Free-cash
17 481
12 333
23 727
12 543

Estimated living cost  is ₽34061 per week

₽22436
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2685
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽522
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8417
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽24377
₽15139
₽23948
₽19086
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
14 691
pensions
-
-
-
5 545
total
-
-
-
20 236
Employee
47 789
-
69 806
-
pensions
3 648
-
6 290
-
income
8 703
-
12 489
-
health
623
-
1 075
-
total
12 974
-
19 854
-
Employer
47 789
-
69 806
-
health
908
-
1 327
-
pensions
4 828
-
7 865
-
total
5 736
-
9 192
-
Corporate
25 474
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.

4 841
15 009
-
-
total
4 841
15 009
-
-
Dividends
20 634
63 991
-
-
withholding
1 548
4 799
-
-
total
1 548
4 799
-
-
Income
79 000
79 000
79 000
79 000
Total tax
25 099
19 808
29 046
20 236
After tax
53 901
59 192
49 954
58 764
Living cost
34 815
34 815
34 815
34 815
Free-cash
19 086
24 377
15 139
23 948

Estimated living cost  is ₽34815 per week

₽23883
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3202
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽436
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7293
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

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
-₽16283
₽17113
₽31642
₽2920
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
240
income
-
-
-
18 044
other
-
-
-
353
health
-
-
-
2 077
pensions
-
-
-
3 962
total
-
-
-
24 676
Employee
35 680
-
65 799
-
pensions
4 018
-
7 264
-
income
4 895
-
11 206
-
health
4 085
-
7 534
-
total
12 998
-
26 004
-
Employer
35 680
-
65 799
-
pensions
5 801
-
10 490
-
accident
596
-
1 099
-
unemployment
874
-
1 612
-
total
7 271
-
13 201
-
Corporate
36 049
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.

32 444
71 100
-
-
total
32 444
71 100
-
-
Dividends
3 605
7 900
-
-
withholding
685
1 501
-
-
total
685
1 501
-
-
Income
79 000
79 000
79 000
79 000
Total tax
53 398
72 601
39 205
24 676
After tax
25 602
6 399
39 795
54 324
Living cost
22 682
22 682
22 682
22 682
Free-cash
2 920
-16 283
17 113
31 642

Estimated living cost  is ₽22682 per week

₽16646
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1322
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽457
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4257
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽54473
₽33966
₽32878
₽49910
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

Sole-trader should pay social contributions from a minimum of 50% of an average salary to a maximum of twelve average salaries. The minimum personal income for the first year should be at least 50% of an average salary.

-
-
-
79 000
income
-
-
-
11 720
unemployment
-
-
-
948
work injury
-
-
-
395
health insurance
-
-
-
5 846
pensions
-
-
-
14 536
total
-
-
-
33 445
Employee

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

20 283
-
79 000
-
health insurance
1 501
-
5 553
-
unemployment
243
-
901
-
work injury
101
-
375
-
pensions
3 732
-
13 808
-
income
2 028
-
11 720
-
total
7 605
-
32 357
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
58 717
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
58 717
79 000
-
-
withholding
8 808
11 850
-
-
total
8 808
11 850
-
-
Income
79 000
79 000
79 000
79 000
Total tax
16 413
11 850
32 357
33 445
After tax
62 587
67 150
46 643
45 555
Living cost
12 677
12 677
12 677
12 677
Free-cash
49 910
54 473
33 966
32 878

Estimated living cost  is ₽12677 per week

₽7853
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽921
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽395
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3507
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽4232
-₽28
₽3585
-₽69
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
79 000
social contributions
-
-
-
20 319
regional
-
-
-
1 441
municipal
-
-
-
529
national
-
-
-
15 746
total
-
-
-
38 035
Employee
79 067
-
79 000
-
municipal
472
-
472
-
national
13 362
-
13 346
-
regional
1 194
-
1 192
-
social contributions
26 661
-
26 638
-
total
41 689
-
41 648
-
Employer
79 067
-
79 000
-
total
-
-
-
-
Corporate
-
79 000
-
-
municipal
-
3 807
-
-
nationa
-
18 960
-
-
total
-
22 767
-
-
Dividends
-
56 233
-
-
withholding
-
14 621
-
-
total
-
14 621
-
-
Income
79 000
79 000
79 000
79 000
Total tax
41 689
37 388
41 648
38 035
After tax
37 311
41 612
37 352
40 965
Living cost
37 380
37 380
37 380
37 380
Free-cash
-69
4 232
-28
3 585

Estimated living cost  is ₽37380 per week

₽26257
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2571
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽564
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7986
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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