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
₽ 79500
per

Your estimated
City
free-cash

Dresden , Germany
₽9691
₽20855
₽23006
₽28137
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
79 500
trade
-
-
-
5 131
income

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

-
-
-
13 178
health

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

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

-
-
-
6 894
surtax

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

-
-
-
724
total
-
-
-
25 927
Employee

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

38 599
-
79 500
-
health

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

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

6 894
-
6 894
-
surtax

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

59
-
724
-
income

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

1 078
-
13 178
-
total
8 031
-
20 796
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
40 901
79 500
-
-
surtax

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

337
655
-
-
income
6 136
11 925
-
-
trade
6 442
12 521
-
-
chamber of commerce
213
268
-
-
total
13 128
25 369
-
-
Dividends
27 773
54 130
-
-
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.

360
724
-
-
withholding
6 559
13 149
-
-
total
6 919
13 873
-
-
Income
79 500
79 500
79 500
79 500
Total tax
28 078
39 242
20 796
25 927
After tax
51 422
40 258
58 704
53 573
Living cost
30 567
30 567
30 567
30 567
Free-cash
20 855
9 691
28 137
23 006

Estimated living cost  is ₽30567 per week

₽19228
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3564
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽571
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7205
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Dresden model

Close
Reykjavik , Iceland
-₽1386
-₽6724
-₽2329
-₽1705
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
79 500
municipal
-
-
-
8 017
pensions
-
-
-
9 540
national
-
-
-
12 423
social contributions
-
-
-
855
total
-
-
-
30 835
Employee
79 050
-
68 727
-
municipal
9 764
-
8 325
-
pensions
3 162
-
2 749
-
national
15 130
-
12 900
-
total
28 056
-
23 974
-
Employer
79 050
-
68 727
-
social contributions
850
-
739
-
pensions
6 324
-
5 498
-
total
7 174
-
6 237
-
Corporate
-
79 500
-
-
income

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

-
15 900
-
-
total
-
15 900
-
-
Dividends
-
63 600
-
-
withholding
-
13 992
-
-
total
-
13 992
-
-
Income
79 500
79 500
79 500
79 500
Total tax
35 230
29 892
30 211
30 835
After tax
44 270
49 608
49 289
48 665
Living cost
50 994
50 994
50 994
50 994
Free-cash
-6 724
-1 386
-1 705
-2 329

Estimated living cost  is ₽50994 per week

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

Additional information

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

Source of data for Reykjavik model

Close
Riga , Latvia
₽42606
₽34327
₽21689
₽24058
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
79 500
microenterprise
-
-
-
-
income
-
-
-
11 257
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.

-
-
-
25 559
total
-
-
-
36 816
Employee
29 489
-
64 066
-
social contributions

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

3 244
-
7 048
-
surtax
-
-
-
-
income
5 249
-
11 965
-
total
8 493
-
19 013
-
Employer
29 489
-
64 066
-
social contributions

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

7 103
-
15 434
-
surtax
-
-
-
-
total
7 103
-
15 434
-
Corporate
42 908
79 500
-
-
income

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

8 582
15 899
-
-
total
8 582
15 899
-
-
Dividends

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

34 326
63 601
-
-
total
-
-
-
-
Income
79 500
79 500
79 500
79 500
Total tax
24 178
15 899
34 447
36 816
After tax
55 322
63 601
45 053
42 684
Living cost
20 995
20 995
20 995
20 995
Free-cash
34 327
42 606
24 058
21 689

Estimated living cost  is ₽20995 per week

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

Source of data for Riga model

Close
Rotterdam , Netherlands
-₽15047
-₽20712
₽2969
-₽20712
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
79 500
income
-
-
-
11 561
pensions
-
-
-
11 824
health
-
-
-
10 870
total
-
-
-
34 255
Employee
86 180
86 180
86 180
-
health
13 228
11 251
13 228
-
income

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

14 106
14 106
14 106
-
pensions
15 512
11 824
15 512
-
total
42 846
37 181
42 846
-
Employer
86 180
86 180
86 180
-
unemployment
3 102
3 102
3 102
-
pensions
5 998
5 998
5 998
-
health
5 990
5 990
5 990
-
total
15 090
15 090
15 090
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
79 500
79 500
79 500
79 500
Total tax
57 936
52 271
57 936
34 255
After tax
21 564
27 229
21 564
45 245
Living cost
42 276
42 276
42 276
42 276
Free-cash
-20 712
-15 047
-20 712
2 969

Estimated living cost  is ₽42276 per week

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

Source of data for Rotterdam model

Close
Stockholm , Sweden
₽4415
₽3540
₽638
₽3463
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
79 500
municipal
-
-
-
16 839
accident
-
-
-
159
pensions
-
-
-
8 594
other
-
-
-
9 238
unemployment
-
-
-
79
health
-
-
-
4 961
national
-
-
-
-
total
-
-
-
39 870
Employee
55 560
-
60 493
-
municipal
16 568
-
18 039
-
national
-
-
-
-
total
16 568
-
18 039
-
Employer
55 560
-
60 493
-
accident
111
-
121
-
other
6 456
-
7 029
-
unemployment
1 467
-
1 597
-
pensions
6 006
-
6 539
-
health
3 417
-
3 720
-
total
17 457
-
19 006
-
Corporate
6 483
79 500
-
-
income
1 426
17 490
-
-
total
1 426
17 490
-
-
Dividends
5 057
62 010
-
-
withholding
1 517
18 603
-
-
total
1 517
18 603
-
-
Income
79 500
79 500
79 500
79 500
Total tax
36 968
36 093
37 045
39 870
After tax
42 532
43 407
42 455
39 630
Living cost
38 992
38 992
38 992
38 992
Free-cash
3 540
4 415
3 463
638

Estimated living cost  is ₽38992 per week

₽25842
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3826
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽592
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8731
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Stockholm model

Close
Hamburg , Germany
₽206
₽14387
₽13701
₽19059
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
79 500
trade
-
-
-
5 358
income

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

-
-
-
13 178
health

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

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

-
-
-
6 894
surtax

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

-
-
-
724
total
-
-
-
26 154
Employee

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

51 178
-
79 500
-
health

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

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

6 894
-
6 894
-
surtax

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

241
-
724
-
income

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

4 397
-
13 178
-
total
11 532
-
20 796
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
28 322
79 500
-
-
surtax

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

234
655
-
-
income
4 248
11 925
-
-
trade
4 659
13 078
-
-
chamber of commerce
193
266
-
-
total
9 334
25 924
-
-
Dividends
18 988
53 575
-
-
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.

239
716
-
-
withholding
4 363
13 009
-
-
total
4 602
13 725
-
-
Income
79 500
79 500
79 500
79 500
Total tax
25 468
39 649
20 796
26 154
After tax
54 032
39 851
58 704
53 346
Living cost
39 645
39 645
39 645
39 645
Free-cash
14 387
206
19 059
13 701

Estimated living cost  is ₽39645 per week

₽26515
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4181
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽592
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8358
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Hamburg model

Close
Limassol , Cyprus
₽23945
₽21396
₽26220
₽24880
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
79 500
income
-
-
-
6 117
health
-
-
-
2 028
social contributions
-
-
-
12 402
total
-
-
-
20 547
Employee
77 601
77 601
77 601
-
social contributions
3 771
6 441
5 990
-
health
772
1 320
1 228
-
income
8 149
7 184
7 344
-
total
12 692
14 945
14 562
-
Employer
77 601
77 601
77 601
-
social contributions
3 771
6 441
5 990
-
health
841
1 436
1 335
-
total
4 612
7 877
7 325
-
Corporate
29 464
-
-
-
income
3 683
-
-
-
total
3 683
-
-
-
Dividends
25 781
-
-
-
withholding
4 384
-
-
-
total
4 384
-
-
-
Income
79 500
79 500
79 500
79 500
Total tax
25 371
22 822
21 887
20 547
After tax
54 129
56 678
57 613
58 953
Living cost
32 733
32 733
32 733
32 733
Free-cash
21 396
23 945
24 880
26 220

Estimated living cost  is ₽32733 per week

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

Source of data for Limassol model

Close
Budapest , Hungary
₽26530
₽26911
₽36737
₽27750
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
79 500
income
-
-
-
9 719
pensions
-
-
-
7 950
unemployment
-
-
-
1 193
health
-
-
-
5 565
total
-
-
-
24 427
Employee

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

The minimum wage is 138,000 HUF per month.

26 469
10 534
66 527
-
health
1 853
737
4 657
-
income
3 236
1 288
8 133
-
pensions
2 647
1 053
6 653
-
unemployment
397
158
998
-
total
8 133
3 236
20 441
-
Employer

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

The minimum wage is 138,000 HUF per month.

26 469
10 534
66 527
-
pensions
5 161
2 054
12 973
-
total
5 161
2 054
12 973
-
Corporate
47 870
66 912
-
-
income
4 308
6 022
-
-
total
4 308
6 022
-
-
Dividends
43 562
60 890
-
-
social contributions
8 374
11 753
-
-
withholding
8 277
11 569
-
-
total
16 651
23 322
-
-
Income
79 500
79 500
79 500
79 500
Total tax
34 253
34 634
33 414
24 427
After tax
45 247
44 866
46 086
55 073
Living cost
18 336
18 336
18 336
18 336
Free-cash
26 911
26 530
27 750
36 737

Estimated living cost  is ₽18336 per week

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

Source of data for Budapest model

Close
Tallinn , Estonia
₽39226
₽32955
₽18236
₽21448
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
79 500
income
-
-
-
10 654
pensions
-
-
-
15 899
health
-
-
-
10 336
total
-
-
-
36 889
Employee
28 629
-
59 418
-
income
3 223
-
11 456
-
pensions
573
-
1 189
-
unemployment
458
-
950
-
total
4 254
-
13 595
-
Employer
28 629
-
59 418
-
unemployment
230
-
475
-
pensions
5 726
-
11 883
-
health
3 721
-
7 724
-
total
9 677
-
20 082
-
Corporate
41 194
79 500
-
-
income
8 239
15 899
-
-
total
8 239
15 899
-
-
Dividends
32 955
63 601
-
-
total
-
-
-
-
Income
79 500
79 500
79 500
79 500
Total tax
22 170
15 899
33 677
36 889
After tax
57 330
63 601
45 823
42 611
Living cost
24 375
24 375
24 375
24 375
Free-cash
32 955
39 226
21 448
18 236

Estimated living cost  is ₽24375 per week

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

Source of data for Tallinn model

Close
Gdansk , Poland
-₽15633
₽3054
₽32625
₽18026
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
79 500
accident
-
-
-
253
income
-
-
-
17 816
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
24 803
Employee
34 721
-
66 041
-
health
3 975
-
7 562
-
income
4 763
-
10 945
-
pensions
3 910
-
7 436
-
total
12 648
-
25 943
-
Employer
34 721
-
66 041
-
accident
580
-
1 103
-
unemployment
851
-
1 618
-
pensions
5 646
-
10 738
-
total
7 077
-
13 459
-
Corporate
37 703
79 500
-
-
income

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

33 933
71 550
-
-
total
33 933
71 550
-
-
Dividends
3 770
7 950
-
-
withholding
716
1 511
-
-
total
716
1 511
-
-
Income
79 500
79 500
79 500
79 500
Total tax
54 374
73 061
39 402
24 803
After tax
25 126
6 439
40 098
54 697
Living cost
22 072
22 072
22 072
22 072
Free-cash
3 054
-15 633
18 026
32 625

Estimated living cost  is ₽22072 per week

₽16177
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1223
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽461
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4212
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Gdansk model

Close
Batumi , Georgia
₽66445
₽64743
₽69625
₽54520
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
79 500
microenterprise

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

-
-
-
795
total
-
-
-
795
Employee
11 349
-
79 500
-
income
2 270
-
15 900
-
total
2 270
-
15 900
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

We will register your company as part of a virtual zone. Your non-Georgian corporate tax will be zero. Turnover in Georgia will be taxed at 15%.

68 151
79 500
-
-
total
-
-
-
-
Dividends
68 151
79 500
-
-
withholding
3 407
3 975
-
-
total
3 407
3 975
-
-
Income
79 500
79 500
79 500
79 500
Total tax
5 677
3 975
15 900
795
After tax
73 823
75 525
63 600
78 705
Living cost
9 080
9 080
9 080
9 080
Free-cash
64 743
66 445
54 520
69 625

Estimated living cost  is ₽9080 per week

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

Additional information

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

Source of data for Batumi model

Close
Bratislava , Slovakia
₽31518
₽24702
₽16157
₽19706
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
79 500
income
-
-
-
10 096
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.

-
-
-
19 080
other
-
-
-
3 777
health
-
-
-
3 499
total
-
-
-
36 452
Employee
36 642
-
63 497
-
health
513
-
889
-
income
6 308
-
10 930
-
pensions

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

2 564
-
4 445
-
unemployment
366
-
636
-
total
9 751
-
16 900
-
Employer
36 642
-
63 497
-
accident
293
-
508
-
other
1 833
-
3 175
-
unemployment
366
-
636
-
pensions

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

6 230
-
10 795
-
health
513
-
889
-
total
9 235
-
16 003
-
Corporate
33 623
79 500
-
-
income
7 061
16 694
-
-
total
7 061
16 694
-
-
Dividends
26 562
62 806
-
-
withholding
1 860
4 397
-
-
total
1 860
4 397
-
-
Income
79 500
79 500
79 500
79 500
Total tax
27 907
21 091
32 903
36 452
After tax
51 593
58 409
46 597
43 048
Living cost
26 891
26 891
26 891
26 891
Free-cash
24 702
31 518
19 706
16 157

Estimated living cost  is ₽26891 per week

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

Source of data for Bratislava model

Close
London , United Kingdom
-₽8162
-₽29456
-₽8496
-₽17232
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
79 500
income
-
-
-
14 806
pensions
-
-
-
5 464
total
-
-
-
20 270
Employee
95 822
-
70 363
-
health
1 579
-
1 057
-
income
17 273
-
12 623
-
pensions
9 244
-
6 189
-
total
28 096
-
19 869
-
Employer
95 822
-
70 363
-
pensions
11 314
-
7 801
-
health
1 820
-
1 336
-
total
13 134
-
9 137
-
Corporate
-
79 500
-
-
income

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

-
15 105
-
-
total
-
15 105
-
-
Dividends
-
64 395
-
-
withholding
-
4 831
-
-
total
-
4 831
-
-
Income
79 500
79 500
79 500
79 500
Total tax
41 230
19 936
29 006
20 270
After tax
38 270
59 564
50 494
59 230
Living cost
67 726
67 726
67 726
67 726
Free-cash
-29 456
-8 162
-17 232
-8 496

Estimated living cost  is ₽67726 per week

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

Additional information

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

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

Source of data for London model

Close
Varna , Bulgaria
₽54734
₽50043
₽44919
₽46975
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
79 500
income
-
-
-
11 925
pensions

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

-
-
-
5 220
unemployment
-
-
-
141
health
-
-
-
4 056
total
-
-
-
21 342
Employee
17 531
-
72 580
-
health
806
-
1 622
-
accident

We are using the highest rate at 1.1%.

193
-
388
-
income
1 753
-
7 258
-
pensions

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

1 539
-
3 097
-
total
4 291
-
12 365
-
Employer
17 531
-
72 580
-
accident

We are using the highest rate at 1.1%.

193
-
388
-
unemployment
105
-
212
-
pensions

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

1 932
-
3 887
-
health
1 210
-
2 434
-
total
3 440
-
6 921
-
Corporate
58 529
79 500
-
-
income
5 853
7 950
-
-
total
5 853
7 950
-
-
Dividends
52 676
71 550
-
-
withholding
2 634
3 577
-
-
total
2 634
3 577
-
-
Income
79 500
79 500
79 500
79 500
Total tax
16 218
11 527
19 286
21 342
After tax
63 282
67 973
60 214
58 158
Living cost
13 239
13 239
13 239
13 239
Free-cash
50 043
54 734
46 975
44 919

Estimated living cost  is ₽13239 per week

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

Source of data for Varna model

Close
Amsterdam , Netherlands
-₽28732
-₽30446
-₽10716
-₽34397
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
79 500
income
-
-
-
11 561
pensions
-
-
-
11 824
health
-
-
-
10 870
total
-
-
-
34 255
Employee
93 564
86 180
86 180
-
health
11 673
11 251
13 228
-
income

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

14 106
14 106
14 106
-
pensions
11 824
11 824
15 512
-
total
37 603
37 181
42 846
-
Employer
93 564
86 180
86 180
-
unemployment
3 369
3 102
3 102
-
pensions
6 511
5 998
5 998
-
health
6 502
5 990
5 990
-
total
16 382
15 090
15 090
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
79 500
79 500
79 500
79 500
Total tax
53 985
52 271
57 936
34 255
After tax
25 515
27 229
21 564
45 245
Living cost
55 961
55 961
55 961
55 961
Free-cash
-30 446
-28 732
-34 397
-10 716

Estimated living cost  is ₽55961 per week

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

Source of data for Amsterdam model

Close
Brno , Czech Republic
₽30565
₽21943
₽14549
₽16173
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
79 500
income
-
-
-
6 833
health
-
-
-
10 733
solidarity contribution
-
-
-
-
social contributions
-
-
-
23 214
total
-
-
-
40 780
Employee
35 546
-
59 328
-
social contributions
2 310
-
3 856
-
health
4 799
-
8 009
-
solidarity contribution
-
-
-
-
income
4 265
-
7 119
-
total
11 374
-
18 984
-
Employer
35 546
-
59 328
-
social contributions
8 886
-
14 832
-
health
3 199
-
5 340
-
total
12 085
-
20 172
-
Corporate
31 869
79 500
-
-
income
6 055
15 105
-
-
total
6 055
15 105
-
-
Dividends
25 814
64 395
-
-
withholding
3 872
9 659
-
-
total
3 872
9 659
-
-
Income
79 500
79 500
79 500
79 500
Total tax
33 386
24 764
39 156
40 780
After tax
46 114
54 736
40 344
38 720
Living cost
24 171
24 171
24 171
24 171
Free-cash
21 943
30 565
16 173
14 549

Estimated living cost  is ₽24171 per week

₽16789
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1720
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽475
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5187
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Brno model

Close
Milan , Italy
-₽168
-₽10189
-₽238
-₽4124
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
79 500
municipal
-
-
-
473
regional
-
-
-
841
national
-
-
-
15 392
social contributions
-
-
-
20 448
total
-
-
-
37 154
Employee
89 690
-
79 500
-
social contributions
30 243
-
26 808
-
regional
846
-
733
-
municipal
475
-
421
-
national
15 541
-
13 078
-
total
47 105
-
41 040
-
Employer
89 690
-
79 500
-
total
-
-
-
-
Corporate
-
79 500
-
-
nationa
-
19 080
-
-
municipal
-
3 101
-
-
total
-
22 181
-
-
Dividends
-
57 319
-
-
withholding
-
14 903
-
-
total
-
14 903
-
-
Income
79 500
79 500
79 500
79 500
Total tax
47 105
37 084
41 040
37 154
After tax
32 395
42 416
38 460
42 346
Living cost
42 584
42 584
42 584
42 584
Free-cash
-10 189
-168
-4 124
-238

Estimated living cost  is ₽42584 per week

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

Source of data for Milan model

Close
Thessaloniki , Greece
₽27736
₽24596
₽20828
₽19090
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
79 500
income
-
-
-
13 316
pensions
-
-
-
15 899
other
-
-
-
-
unemployment
-
-
-
230
health
-
-
-
5 646
surtax
-
-
-
1 312
total
-
-
-
36 403
Employee
33 373
-
65 675
-
other
-
-
-
-
health
852
-
1 674
-
surtax
109
-
1 174
-
income
5 594
-
12 517
-
pensions
2 225
-
4 380
-
unemployment
2 323
-
4 571
-
total
11 103
-
24 316
-
Employer
33 373
-
65 675
-
other
-
-
-
-
unemployment
1 057
-
2 082
-
pensions
4 449
-
8 754
-
health
1 519
-
2 989
-
total
7 025
-
13 825
-
Corporate
39 102
79 500
-
-
income
10 167
20 670
-
-
total
10 167
20 670
-
-
Dividends
28 935
58 830
-
-
withholding
4 340
8 825
-
-
total
4 340
8 825
-
-
Income
79 500
79 500
79 500
79 500
Total tax
32 635
29 495
38 141
36 403
After tax
46 865
50 005
41 359
43 097
Living cost
22 269
22 269
22 269
22 269
Free-cash
24 596
27 736
19 090
20 828

Estimated living cost  is ₽22269 per week

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

Source of data for Thessaloniki model

Close
Cambridge , United Kingdom
₽13295
₽5325
₽12961
₽4225
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
79 500
income
-
-
-
14 806
pensions
-
-
-
5 464
total
-
-
-
20 270
Employee
64 218
-
70 363
-
health
932
-
1 057
-
income
11 566
-
12 623
-
pensions
5 451
-
6 189
-
total
17 949
-
19 869
-
Employer
64 218
-
70 363
-
pensions
6 952
-
7 801
-
health
1 220
-
1 336
-
total
8 172
-
9 137
-
Corporate
7 111
79 500
-
-
income

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

1 352
15 105
-
-
total
1 352
15 105
-
-
Dividends
5 759
64 395
-
-
withholding
433
4 831
-
-
total
433
4 831
-
-
Income
79 500
79 500
79 500
79 500
Total tax
27 906
19 936
29 006
20 270
After tax
51 594
59 564
50 494
59 230
Living cost
46 269
46 269
46 269
46 269
Free-cash
5 325
13 295
4 225
12 961

Estimated living cost  is ₽46269 per week

₽34664
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3468
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽484
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7652
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

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

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

Source of data for Cambridge model

Close
Zurich , Switzerland
-₽39921
-₽18264
-₽9405
-₽13461
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
79 500
city
-
-
-
836
pensions
-
-
-
7 313
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.

-
-
-
1 591
regional
-
-
-
2 310
health
-
-
-
249
national
-
-
-
332
total
-
-
-
12 631
Employee
89 260
-
71 157
-
city
958
-
764
-
regional
2 923
-
1 947
-
health
202
-
161
-
pensions
7 499
-
5 977
-
unemployment
-
-
-
-
national
422
-
278
-
total
12 004
-
9 127
-
Employer
89 260
-
71 157
-
other

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

1 785
-
1 422
-
unemployment
-
-
-
-
pensions
7 499
-
5 977
-
health
202
-
161
-
total
9 486
-
7 560
-
Corporate
-
79 500
-
-
regional
-
16 814
-
-
national
-
6 757
-
-
total
-
23 571
-
-
Dividends
-
55 929
-
-
withholding
-
19 576
-
-
total
-
19 576
-
-
Income
79 500
79 500
79 500
79 500
Total tax
21 490
43 147
16 687
12 631
After tax
58 010
36 353
62 813
66 869
Living cost
76 274
76 274
76 274
76 274
Free-cash
-18 264
-39 921
-13 461
-9 405

Estimated living cost  is ₽76274 per week

₽49600
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6845
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽936
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18893
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

It is extremely rare that a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit) is given a residence permit based on self-employment.

Source of data for Zurich model

Close
Munich , Germany
-₽6789
₽9575
₽6885
₽12473
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
79 500
trade
-
-
-
5 588
income

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

-
-
-
13 178
health

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

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

-
-
-
6 894
surtax

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

-
-
-
724
total
-
-
-
26 384
Employee

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

60 650
-
79 500
-
health

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

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

6 894
-
6 894
-
surtax

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

393
-
724
-
income

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

7 132
-
13 178
-
total
14 419
-
20 796
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
18 850
79 500
-
-
surtax

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

155
655
-
-
income
2 827
11 925
-
-
trade
3 233
13 634
-
-
chamber of commerce
180
264
-
-
total
6 395
26 478
-
-
Dividends
12 455
53 022
-
-
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.

149
709
-
-
withholding
2 731
12 871
-
-
total
2 880
13 580
-
-
Income
79 500
79 500
79 500
79 500
Total tax
23 694
40 058
20 796
26 384
After tax
55 806
39 442
58 704
53 116
Living cost
46 231
46 231
46 231
46 231
Free-cash
9 575
-6 789
12 473
6 885

Estimated living cost  is ₽46231 per week

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

Additional information

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

Source of data for Munich model

Close
Nice , France
₽5541
₽11505
₽11553
₽12698
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
79 500
income
-
-
-
4 458
pensions
-
-
-
23 543
other
-
-
-
2 465
health
-
-
-
688
surtax
-
-
-
-
social contributions
-
-
-
2 266
total
-
-
-
33 420
Employee
43 191
-
60 581
-
social contributions
1 231
-
1 726
-
surtax
-
-
-
-
income
2 549
-
4 778
-
pensions
4 884
-
6 852
-
total
8 664
-
13 356
-
Employer
43 191
-
60 581
-
other
1 490
-
2 089
-
social contributions
130
-
182
-
unemployment
1 748
-
2 453
-
pensions
7 095
-
9 955
-
health
3 024
-
4 240
-
total
13 487
-
18 919
-
Corporate
22 820
79 500
-
-
surtax
-
-
-
-
income
6 389
22 259
-
-
total
6 389
22 259
-
-
Dividends
16 432
57 241
-
-
surtax
-
-
-
-
social contributions
2 825
9 846
-
-
withholding
2 103
7 327
-
-
total
4 928
17 173
-
-
Income
79 500
79 500
79 500
79 500
Total tax
33 468
39 432
32 275
33 420
After tax
46 032
40 068
47 225
46 080
Living cost
34 527
34 527
34 527
34 527
Free-cash
11 505
5 541
12 698
11 553

Estimated living cost  is ₽34527 per week

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

Source of data for Nice model

Close
Marseille , France
₽8961
₽14569
₽14973
₽16118
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
79 500
income
-
-
-
4 458
pensions
-
-
-
23 543
other
-
-
-
2 465
health
-
-
-
688
surtax
-
-
-
-
social contributions
-
-
-
2 266
total
-
-
-
33 420
Employee
38 554
-
60 581
-
social contributions
1 099
-
1 726
-
surtax
-
-
-
-
income
1 988
-
4 778
-
pensions
4 361
-
6 852
-
total
7 448
-
13 356
-
Employer
38 554
-
60 581
-
other
1 331
-
2 089
-
social contributions
115
-
182
-
unemployment
1 561
-
2 453
-
pensions
6 335
-
9 955
-
health
2 698
-
4 240
-
total
12 040
-
18 919
-
Corporate
28 905
79 500
-
-
surtax
-
-
-
-
income
8 093
22 259
-
-
total
8 093
22 259
-
-
Dividends
20 812
57 241
-
-
surtax
-
-
-
-
social contributions
3 579
9 846
-
-
withholding
2 664
7 327
-
-
total
6 243
17 173
-
-
Income
79 500
79 500
79 500
79 500
Total tax
33 824
39 432
32 275
33 420
After tax
45 676
40 068
47 225
46 080
Living cost
31 107
31 107
31 107
31 107
Free-cash
14 569
8 961
16 118
14 973

Estimated living cost  is ₽31107 per week

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

Source of data for Marseille model

Close
Vilnius , Lithuania
₽27103
₽27627
₽29654
₽30900
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
79 500
income
-
-
-
11 925
health
-
-
-
5 550
social contributions
-
-
-
10 972
total
-
-
-
28 447
Employee
34 217
-
79 500
-
social contributions
4 723
-
10 972
-
health
2 388
-
5 550
-
income
5 707
-
10 679
-
total
12 818
-
27 201
-
Employer
34 217
-
79 500
-
total
-
-
-
-
Corporate
45 283
79 500
-
-
income

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

2 264
3 976
-
-
total
2 264
3 976
-
-
Dividends
43 019
75 524
-
-
health
3 003
5 272
-
-
social contributions
5 937
10 422
-
-
withholding
6 452
11 328
-
-
total
15 392
27 022
-
-
Income
79 500
79 500
79 500
79 500
Total tax
30 474
30 998
27 201
28 447
After tax
49 026
48 502
52 299
51 053
Living cost
21 399
21 399
21 399
21 399
Free-cash
27 627
27 103
30 900
29 654

Estimated living cost  is ₽21399 per week

₽14321
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1320
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽492
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5265
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Vilnius model

Close
Vienna , Austria
₽9364
₽7802
₽6776
-₽8504
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
79 500
chamber of commerce
-
-
-
318
income
-
-
-
9 667
pensions
-
-
-
14 708
unemployment
-
-
-
6 190
health
-
-
-
6 082
surtax
-
-
-
199
total
-
-
-
37 164
Employee
50 434
40 217
61 578
-
other
504
402
617
-
health
1 952
1 557
2 382
-
income
5 742
2 967
8 934
-
pensions
5 165
4 117
6 306
-
unemployment
1 513
1 207
1 848
-
total
14 876
10 250
20 087
-
Employer
50 434
40 217
61 578
-
accident
655
523
801
-
other
2 396
1 909
2 924
-
chamber of commerce
201
161
247
-
unemployment
1 513
1 207
1 848
-
surtax
199
199
199
-
pensions
6 329
5 048
7 727
-
payroll
1 513
1 207
1 848
-
health
1 906
1 521
2 327
-
total
14 712
11 775
17 921
-
Corporate
14 354
27 509
57 748
-
income

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

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

3 589
6 877
14 436
-
total
3 589
6 877
14 436
-
Dividends
10 765
20 631
-
-
withholding
2 961
5 674
-
-
total
2 961
5 674
-
-
Income
79 500
79 500
79 500
79 500
Total tax
36 138
34 576
52 444
37 164
After tax
43 362
44 924
27 056
42 336
Living cost
35 560
35 560
35 560
35 560
Free-cash
7 802
9 364
-8 504
6 776

Estimated living cost  is ₽35560 per week

₽23717
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3034
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽584
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8225
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Vienna model

Close
Brussels , Belgium
₽7870
-₽13699
₽2695
-₽4522
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
79 500
national
-
-
-
24 668
communal

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

-
-
-
4 095
social contributions
-
-
-
11 246
total
-
-
-
40 009
Employee

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

72 187
-
61 575
-
communal

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

3 765
-
3 212
-
health

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

3 392
-
2 894
-
pensions

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

5 414
-
4 617
-
unemployment

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

628
-
536
-
national
22 193
-
18 041
-
total
35 392
-
29 300
-
Employer

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

72 187
-
61 575
-
accident

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

938
-
801
-
unemployment

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

1 053
-
898
-
surtax
8 185
-
6 983
-
pensions

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

6 396
-
5 456
-
health

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

4 439
-
3 788
-
total
21 011
-
17 926
-
Corporate
-
79 500
-
-
surtax
-
318
-
-
income
-
15 899
-
-
total
-
16 217
-
-
Dividends
-
63 283
-
-
withholding

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

-
18 617
-
-
total
-
18 617
-
-
Income
79 500
79 500
79 500
79 500
Total tax
56 403
34 834
47 226
40 009
After tax
23 097
44 666
32 274
39 491
Living cost
36 796
36 796
36 796
36 796
Free-cash
-13 699
7 870
-4 522
2 695

Estimated living cost  is ₽36796 per week

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

Source of data for Brussels model

Close
Barcelona , Spain
₽17168
₽9123
₽6021
₽6586
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
79 500
accident
-
-
-
716
income
-
-
-
13 181
pensions
-
-
-
22 499
other
-
-
-
80
unemployment
-
-
-
557
total
-
-
-
37 033
Employee
50 235
-
60 282
-
other
50
-
59
-
income
10 599
-
13 424
-
pensions
2 361
-
2 832
-
unemployment
779
-
935
-
total
13 789
-
17 250
-
Employer
50 235
-
60 282
-
accident
994
-
1 193
-
other
400
-
483
-
unemployment
2 764
-
3 315
-
pensions
11 855
-
14 227
-
total
16 013
-
19 218
-
Corporate
13 253
79 500
-
-
income

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

1 988
11 925
-
-
total
1 988
11 925
-
-
Dividends
11 265
67 575
-
-
withholding
2 141
13 961
-
-
total
2 141
13 961
-
-
Income
79 500
79 500
79 500
79 500
Total tax
33 931
25 886
36 468
37 033
After tax
45 569
53 614
43 032
42 467
Living cost
36 446
36 446
36 446
36 446
Free-cash
9 123
17 168
6 586
6 021

Estimated living cost  is ₽36446 per week

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

Source of data for Barcelona model

Close
Luxembourg , Luxembourg
-₽5626
-₽6055
-₽7224
-₽3147
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
79 500
accident
-
-
-
670
income
-
-
-
4 745
pensions
-
-
-
11 916
health
-
-
-
5 584
surtax
-
-
-
3 941
communal
-
-
-
5 025
total
-
-
-
31 881
Employee
76 425
-
71 014
-
health
3 401
-
3 160
-
surtax
4 684
-
4 353
-
income
7 382
-
6 125
-
pensions
6 113
-
5 680
-
total
21 580
-
19 318
-
Employer
76 425
-
71 014
-
accident
688
-
640
-
pensions
6 113
-
5 680
-
health
2 331
-
2 166
-
total
9 132
-
8 486
-
Corporate
-
79 500
-
-
surtax
-
835
-
-
communal
-
5 366
-
-
income
-
11 925
-
-
total
-
18 126
-
-
Dividends
-
61 373
-
-
income
-
2 951
-
-
withholding
-
9 206
-
-
total
-
12 157
-
-
Income
79 500
79 500
79 500
79 500
Total tax
30 712
30 283
27 804
31 881
After tax
48 788
49 217
51 696
47 619
Living cost
54 843
54 843
54 843
54 843
Free-cash
-6 055
-5 626
-3 147
-7 224

Estimated living cost  is ₽54843 per week

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

Source of data for Luxembourg model

Close
Athens , Greece
₽27338
₽24130
₽20430
₽18692
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
79 500
income
-
-
-
13 316
pensions
-
-
-
15 899
other
-
-
-
-
unemployment
-
-
-
230
health
-
-
-
5 646
surtax
-
-
-
1 312
total
-
-
-
36 403
Employee
33 986
-
65 675
-
other
-
-
-
-
health
868
-
1 674
-
surtax
121
-
1 174
-
income
5 697
-
12 517
-
pensions
2 267
-
4 380
-
unemployment
2 365
-
4 571
-
total
11 318
-
24 316
-
Employer
33 986
-
65 675
-
other
-
-
-
-
unemployment
1 078
-
2 082
-
pensions
4 531
-
8 754
-
health
1 545
-
2 989
-
total
7 154
-
13 825
-
Corporate
38 359
79 500
-
-
income
9 974
20 670
-
-
total
9 974
20 670
-
-
Dividends
28 386
58 830
-
-
withholding
4 257
8 825
-
-
total
4 257
8 825
-
-
Income
79 500
79 500
79 500
79 500
Total tax
32 703
29 495
38 141
36 403
After tax
46 797
50 005
41 359
43 097
Living cost
22 667
22 667
22 667
22 667
Free-cash
24 130
27 338
18 692
20 430

Estimated living cost  is ₽22667 per week

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

Source of data for Athens model

Close
Naples , Italy
₽14603
₽12363
₽14802
₽10938
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
79 500
municipal
-
-
-
473
regional
-
-
-
1 200
national
-
-
-
15 392
social contributions
-
-
-
20 448
total
-
-
-
37 513
Employee
55 981
-
79 500
-
social contributions
18 877
-
26 808
-
regional
754
-
1 070
-
municipal
297
-
421
-
national
8 869
-
13 078
-
total
28 797
-
41 377
-
Employer
55 981
-
79 500
-
total
-
-
-
-
Corporate
23 519
79 500
-
-
nationa
5 644
19 080
-
-
municipal
1 168
3 951
-
-
total
6 812
23 031
-
-
Dividends
16 707
56 469
-
-
withholding
4 343
14 681
-
-
total
4 343
14 681
-
-
Income
79 500
79 500
79 500
79 500
Total tax
39 952
37 712
41 377
37 513
After tax
39 548
41 788
38 123
41 987
Living cost
27 185
27 185
27 185
27 185
Free-cash
12 363
14 603
10 938
14 802

Estimated living cost  is ₽27185 per week

₽16907
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2754
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽465
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7059
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Naples model

Close
Prague , Czech Republic
₽24951
₽14326
₽8935
₽10559
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
79 500
income
-
-
-
6 833
health
-
-
-
10 733
solidarity contribution
-
-
-
-
social contributions
-
-
-
23 214
total
-
-
-
40 780
Employee
43 801
-
59 328
-
social contributions
2 847
-
3 856
-
health
5 913
-
8 009
-
solidarity contribution
-
-
-
-
income
5 256
-
7 119
-
total
14 016
-
18 984
-
Employer
43 801
-
59 328
-
social contributions
10 950
-
14 832
-
health
3 942
-
5 340
-
total
14 892
-
20 172
-
Corporate
20 806
79 500
-
-
income
3 953
15 105
-
-
total
3 953
15 105
-
-
Dividends
16 853
64 395
-
-
withholding
2 528
9 659
-
-
total
2 528
9 659
-
-
Income
79 500
79 500
79 500
79 500
Total tax
35 389
24 764
39 156
40 780
After tax
44 111
54 736
40 344
38 720
Living cost
29 785
29 785
29 785
29 785
Free-cash
14 326
24 951
10 559
8 935

Estimated living cost  is ₽29785 per week

₽22150
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1650
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽515
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5470
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Prague model

Close
Graz , Austria
₽12835
₽12337
₽10338
-₽5097
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
79 500
chamber of commerce
-
-
-
318
income
-
-
-
9 667
pensions
-
-
-
14 708
unemployment
-
-
-
6 190
health
-
-
-
6 082
surtax
-
-
-
-
total
-
-
-
36 965
Employee
44 114
40 217
61 732
-
other
440
402
617
-
health
1 706
1 557
2 388
-
income
3 930
2 967
8 980
-
pensions
4 518
4 117
6 322
-
unemployment
1 323
1 207
1 852
-
total
11 917
10 250
20 159
-
Employer
44 114
40 217
61 732
-
accident
573
523
802
-
other
2 095
1 909
2 932
-
chamber of commerce
176
161
247
-
unemployment
1 323
1 207
1 852
-
surtax
-
-
-
-
pensions
5 537
5 048
7 747
-
payroll
1 323
1 207
1 852
-
health
1 668
1 521
2 333
-
total
12 695
11 576
17 765
-
Corporate
22 690
27 708
57 905
-
income

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

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

5 673
6 927
14 476
-
total
5 673
6 927
14 476
-
Dividends
17 018
20 781
-
-
withholding
4 681
5 715
-
-
total
4 681
5 715
-
-
Income
79 500
79 500
79 500
79 500
Total tax
34 966
34 468
52 400
36 965
After tax
44 534
45 032
27 100
42 535
Living cost
32 197
32 197
32 197
32 197
Free-cash
12 337
12 835
-5 097
10 338

Estimated living cost  is ₽32197 per week

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

Additional information

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

Source of data for Graz model

Close
Tbilisi , Georgia
₽61376
₽58723
₽64556
₽49451
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
79 500
microenterprise

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

-
-
-
795
total
-
-
-
795
Employee
17 686
-
79 500
-
income
3 537
-
15 900
-
total
3 537
-
15 900
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

We will register your company as part of a virtual zone. Your non-Georgian corporate tax will be zero. Turnover in Georgia will be taxed at 15%.

61 814
79 500
-
-
total
-
-
-
-
Dividends
61 814
79 500
-
-
withholding
3 091
3 975
-
-
total
3 091
3 975
-
-
Income
79 500
79 500
79 500
79 500
Total tax
6 628
3 975
15 900
795
After tax
72 872
75 525
63 600
78 705
Living cost
14 149
14 149
14 149
14 149
Free-cash
58 723
61 376
49 451
64 556

Estimated living cost  is ₽14149 per week

₽9575
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽594
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽474
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3505
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Tbilisi model

Close
Ljubljana , Slovenia
₽27667
₽19224
₽15001
₽12724
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
79 500
income
-
-
-
14 970
pensions
-
-
-
14 518
unemployment
-
-
-
119
health
-
-
-
7 823
total
-
-
-
37 430
Employee

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

44 626
-
68 789
-
health
2 882
-
4 443
-
income
7 696
-
13 796
-
pensions
6 917
-
10 661
-
unemployment
63
-
96
-
total
17 558
-
28 996
-
Employer

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

44 626
-
68 789
-
unemployment
27
-
42
-
pensions
3 949
-
6 088
-
health
2 972
-
4 581
-
total
6 948
-
10 711
-
Corporate
27 926
79 500
-
-
income
5 307
15 104
-
-
total
5 307
15 104
-
-
Dividends
22 619
64 396
-
-
withholding
3 394
9 660
-
-
total
3 394
9 660
-
-
Income
79 500
79 500
79 500
79 500
Total tax
33 207
24 764
39 707
37 430
After tax
46 293
54 736
39 793
42 070
Living cost
27 069
27 069
27 069
27 069
Free-cash
19 224
27 667
12 724
15 001

Estimated living cost  is ₽27069 per week

₽18577
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1735
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6234
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Ljubljana model

Close
Oslo , Norway
₽4784
-₽71109
₽11357
₽22628
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
79 500
income
-
-
-
15 496
social contributions
-
-
-
9 063
total
-
-
-
24 559
Employee
62 493
-
-
-
social contributions
5 124
-
730
-
income
13 785
-
-
-
total
18 909
-
730
-
Employer
62 493
-
-
-
social contributions
88 116
-
12 558
-
total
88 116
-
12 558
-
Corporate
-
79 500
-
-
income
-
17 490
-
-
total
-
17 490
-
-
Dividends
-
62 010
-
-
income
-
13 642
-
-
total
-
13 642
-
-
Income
79 500
79 500
79 500
79 500
Total tax
107 025
31 132
13 288
24 559
After tax
-27 525
48 368
66 212
54 941
Living cost
43 584
43 584
43 584
43 584
Free-cash
-71 109
4 784
22 628
11 357

Estimated living cost  is ₽43584 per week

₽28279
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4099
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽555
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10650
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Oslo model

Close
Lisbon , Portugal
₽13565
₽12549
₽13380
₽10127
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
79 500
income
-
-
-
6 839
surtax
-
-
-
-
social contributions

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

-
-
-
27 626
total
-
-
-
34 465
Employee
46 415
-
64 242
-
social contributions
5 106
-
7 067
-
surtax
-
-
-
-
income
9 654
-
15 393
-
total
14 760
-
22 460
-
Employer
46 415
-
64 242
-
social contributions
11 023
-
15 258
-
total
11 023
-
15 258
-
Corporate
22 062
79 500
-
-
surtax
-
-
-
-
income
4 633
16 694
-
-
total
4 633
16 694
-
-
Dividends
17 429
62 806
-
-
withholding
4 880
17 586
-
-
total
4 880
17 586
-
-
Income
79 500
79 500
79 500
79 500
Total tax
35 296
34 280
37 718
34 465
After tax
44 204
45 220
41 782
45 035
Living cost
31 655
31 655
31 655
31 655
Free-cash
12 549
13 565
10 127
13 380

Estimated living cost  is ₽31655 per week

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

Source of data for Lisbon model

Close
Paris , France
-₽8674
-₽3448
-₽2662
-₽1517
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
79 500
income
-
-
-
4 458
pensions
-
-
-
23 543
other
-
-
-
2 465
health
-
-
-
688
surtax
-
-
-
-
social contributions
-
-
-
2 266
total
-
-
-
33 420
Employee
63 207
-
60 581
-
social contributions
1 800
-
1 726
-
surtax
-
-
-
-
income
5 515
-
4 778
-
pensions
7 149
-
6 852
-
total
14 464
-
13 356
-
Employer
63 207
-
60 581
-
other
2 181
-
2 089
-
social contributions
190
-
182
-
unemployment
2 561
-
2 453
-
pensions
10 386
-
9 955
-
health
4 424
-
4 240
-
total
19 742
-
18 919
-
Corporate
-
79 500
-
-
surtax
-
-
-
-
income
-
22 259
-
-
total
-
22 259
-
-
Dividends
-
57 241
-
-
surtax
-
-
-
-
social contributions
-
9 846
-
-
withholding
-
7 327
-
-
total
-
17 173
-
-
Income
79 500
79 500
79 500
79 500
Total tax
34 206
39 432
32 275
33 420
After tax
45 294
40 068
47 225
46 080
Living cost
48 742
48 742
48 742
48 742
Free-cash
-3 448
-8 674
-1 517
-2 662

Estimated living cost  is ₽48742 per week

₽32988
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3987
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽668
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11098
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Paris model

Close
Andorra , Andorra
₽41214
₽37824
₽30873
₽33102
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
79 500
income
-
-
-
802
social contributions
-
-
-
17 489
total
-
-
-
18 291
Employee
32 444
-
68 831
-
income
-
-
919
-
social contributions
2 109
-
4 474
-
total
2 109
-
5 393
-
Employer
32 444
-
68 831
-
social contributions
5 029
-
10 669
-
total
5 029
-
10 669
-
Corporate
42 027
79 500
-
-
income
4 202
7 950
-
-
total
4 202
7 950
-
-
Dividends
37 825
71 550
-
-
total
-
-
-
-
Income
79 500
79 500
79 500
79 500
Total tax
11 340
7 950
16 062
18 291
After tax
68 160
71 550
63 438
61 209
Living cost
30 336
30 336
30 336
30 336
Free-cash
37 824
41 214
33 102
30 873

Estimated living cost  is ₽30336 per week

₽19615
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2287
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽571
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7863
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Andorra model

Close
Copenhagen , Denmark
-₽140473
-₽140473
₽1597
-₽140473
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
79 500
municipal
-
-
-
14 011
pensions
-
-
-
875
national
-
-
-
8 104
labour market
-
-
-
6 290
total
-
-
-
29 280
Employee
205 227
205 227
205 227
-
labour market
16 395
16 395
16 395
-
national
25 072
25 072
25 072
-
municipal
43 702
43 702
43 702
-
pensions
292
292
292
-
total
85 461
85 461
85 461
-
Employer
205 227
205 227
205 227
-
labour market
16 418
16 418
16 418
-
municipal
43 772
43 772
43 772
-
pensions
583
583
583
-
national
25 116
25 116
25 116
-
total
85 889
85 889
85 889
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
79 500
79 500
79 500
79 500
Total tax
171 350
171 350
171 350
29 280
After tax
-91 850
-91 850
-91 850
50 220
Living cost
48 623
48 623
48 623
48 623
Free-cash
-140 473
-140 473
-140 473
1 597

Estimated living cost  is ₽48623 per week

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

Source of data for Copenhagen model

Close
Krakow , Poland
-₽15307
₽3105
₽32951
₽18352
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
79 500
accident
-
-
-
253
income
-
-
-
17 816
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
24 803
Employee
34 209
-
66 041
-
health
3 917
-
7 562
-
income
4 693
-
10 945
-
pensions
3 852
-
7 436
-
total
12 462
-
25 943
-
Employer
34 209
-
66 041
-
accident
571
-
1 103
-
unemployment
838
-
1 618
-
pensions
5 562
-
10 738
-
total
6 971
-
13 459
-
Corporate
38 320
79 500
-
-
income

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

34 488
71 550
-
-
total
34 488
71 550
-
-
Dividends
3 832
7 950
-
-
withholding
728
1 511
-
-
total
728
1 511
-
-
Income
79 500
79 500
79 500
79 500
Total tax
54 649
73 061
39 402
24 803
After tax
24 851
6 439
40 098
54 697
Living cost
21 746
21 746
21 746
21 746
Free-cash
3 105
-15 307
18 352
32 951

Estimated living cost  is ₽21746 per week

₽15829
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1240
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽408
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4269
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Krakow model

Close
Helsinki , Finland
₽15432
₽11339
₽19921
₽8303
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
79 500
municipal
-
-
-
14 166
health
-
-
-
802
national
-
-
-
5 866
total
-
-
-
20 834
Employee
53 095
-
66 879
-
health
396
-
609
-
municipal
8 697
-
10 935
-
pensions
3 583
-
4 514
-
unemployment
797
-
1 004
-
national
877
-
2 769
-
total
14 350
-
19 831
-
Employer
53 095
-
66 879
-
accident
54
-
67
-
unemployment
345
-
435
-
pensions
9 212
-
11 604
-
health
408
-
515
-
total
10 019
-
12 621
-
Corporate
16 387
79 500
-
-
income
3 277
15 899
-
-
total
3 277
15 899
-
-
Dividends

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

9 833
47 701
-
-
national
-
839
-
-
municipal
1 770
8 585
-
-
total
1 770
9 424
-
-
Income
79 500
79 500
79 500
79 500
Total tax
29 416
25 323
32 452
20 834
After tax
50 084
54 177
47 048
58 666
Living cost
38 745
38 745
38 745
38 745
Free-cash
11 339
15 432
8 303
19 921

Estimated living cost  is ₽38745 per week

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

Additional information

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

Source of data for Helsinki model

Close
Larnaca , Cyprus
₽33313
₽29458
₽35588
₽34248
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
79 500
income
-
-
-
6 117
health
-
-
-
2 028
social contributions
-
-
-
12 402
total
-
-
-
20 547
Employee
77 601
77 601
77 601
-
social contributions
2 934
6 441
5 990
-
health
601
1 320
1 228
-
income
8 449
7 184
7 344
-
total
11 984
14 945
14 562
-
Employer
77 601
77 601
77 601
-
social contributions
2 934
6 441
5 990
-
health
653
1 436
1 335
-
total
3 587
7 877
7 325
-
Corporate
40 563
-
-
-
income
5 071
-
-
-
total
5 071
-
-
-
Dividends
35 492
-
-
-
withholding
6 035
-
-
-
total
6 035
-
-
-
Income
79 500
79 500
79 500
79 500
Total tax
26 677
22 822
21 887
20 547
After tax
52 823
56 678
57 613
58 953
Living cost
23 365
23 365
23 365
23 365
Free-cash
29 458
33 313
34 248
35 588

Estimated living cost  is ₽23365 per week

₽14003
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2292
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽517
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6554
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Larnaca model

Close
Podgorica , Montenegro
₽49811
₽44677
₽46099
₽33088
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
79 500
income
-
-
-
7 278
pensions
-
-
-
6 419
unemployment
-
-
-
29
health
-
-
-
3 652
total
-
-
-
17 378
Employee

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

23 164
-
72 077
-
health
1 969
-
6 126
-
income
1 584
-
5 669
-
pensions
3 474
-
10 811
-
unemployment
115
-
360
-
total
7 142
-
22 966
-
Employer

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

23 164
-
72 077
-
unemployment
115
-
360
-
pensions
1 274
-
3 964
-
health
996
-
3 099
-
total
2 385
-
7 423
-
Corporate
53 951
79 500
-
-
income
4 855
7 155
-
-
total
4 855
7 155
-
-
Dividends
49 097
72 345
-
-
withholding
4 418
6 511
-
-
total
4 418
6 511
-
-
Income
79 500
79 500
79 500
79 500
Total tax
18 800
13 666
30 389
17 378
After tax
60 700
65 834
49 111
62 122
Living cost
16 023
16 023
16 023
16 023
Free-cash
44 677
49 811
33 088
46 099

Estimated living cost  is ₽16023 per week

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

Source of data for Podgorica model

Close
Valencia , Spain
₽25863
₽20570
₽14716
₽15281
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
79 500
accident
-
-
-
716
income
-
-
-
13 181
pensions
-
-
-
22 499
other
-
-
-
80
unemployment
-
-
-
557
total
-
-
-
37 033
Employee
37 315
-
60 282
-
other
36
-
59
-
income
7 194
-
13 424
-
pensions
1 754
-
2 832
-
unemployment
578
-
935
-
total
9 562
-
17 250
-
Employer
37 315
-
60 282
-
accident
739
-
1 193
-
other
299
-
483
-
unemployment
2 053
-
3 315
-
pensions
8 806
-
14 227
-
total
11 897
-
19 218
-
Corporate
30 288
79 500
-
-
income

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

4 543
11 925
-
-
total
4 543
11 925
-
-
Dividends
25 745
67 575
-
-
withholding
5 177
13 961
-
-
total
5 177
13 961
-
-
Income
79 500
79 500
79 500
79 500
Total tax
31 179
25 886
36 468
37 033
After tax
48 321
53 614
43 032
42 467
Living cost
27 751
27 751
27 751
27 751
Free-cash
20 570
25 863
15 281
14 716

Estimated living cost  is ₽27751 per week

₽18732
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2668
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5866
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Valencia model

Close
Istanbul , Turkey
₽46852
₽46398
₽47301
₽47103
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
79 500
income
-
-
-
25 976
pensions
-
-
-
2 010
health
-
-
-
1 457
total
-
-
-
29 443
Employee
4 198
-
77 238
-
health
210
-
503
-
income
812
-
25 870
-
pensions
378
-
905
-
unemployment
42
-
101
-
total
1 442
-
27 379
-
Employer
4 198
-
77 238
-
unemployment
84
-
201
-
pensions
462
-
1 106
-
health
399
-
955
-
total
945
-
2 262
-
Corporate
74 358
79 500
-
-
income
16 359
17 490
-
-
total
16 359
17 490
-
-
Dividends
57 999
62 010
-
-
withholding
11 600
12 402
-
-
total
11 600
12 402
-
-
Income
79 500
79 500
79 500
79 500
Total tax
30 346
29 892
29 641
29 443
After tax
49 154
49 608
49 859
50 057
Living cost
2 756
2 756
2 756
2 756
Free-cash
46 398
46 852
47 103
47 301

Estimated living cost  is ₽2756 per week

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

Source of data for Istanbul model

Close
Belgrade , Serbia
₽39986
₽35021
₽22014
₽23771
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
79 500
income
-
-
-
11 840
pensions
-
-
-
19 392
unemployment
-
-
-
1 119
health
-
-
-
7 682
total
-
-
-
40 033
Employee

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

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

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

26 319
-
67 430
-
health
1 355
-
3 473
-
income
3 628
-
12 786
-
pensions
3 685
-
9 440
-
unemployment
197
-
506
-
total
8 865
-
26 205
-
Employer

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

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

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

26 319
-
67 430
-
unemployment
197
-
506
-
pensions
3 158
-
8 092
-
health
1 355
-
3 473
-
total
4 710
-
12 071
-
Corporate
48 470
79 500
-
-
income
7 271
11 925
-
-
total
7 271
11 925
-
-
Dividends
41 200
67 575
-
-
withholding
6 180
10 136
-
-
total
6 180
10 136
-
-
Income
79 500
79 500
79 500
79 500
Total tax
27 026
22 061
38 276
40 033
After tax
52 474
57 439
41 224
39 467
Living cost
17 453
17 453
17 453
17 453
Free-cash
35 021
39 986
23 771
22 014

Estimated living cost  is ₽17453 per week

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

Source of data for Belgrade model

Close
Porto , Portugal
₽18013
₽17648
₽17828
₽14575
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
79 500
income
-
-
-
6 839
surtax
-
-
-
-
social contributions

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

-
-
-
27 626
total
-
-
-
34 465
Employee
39 169
-
64 242
-
social contributions
4 309
-
7 067
-
surtax
-
-
-
-
income
7 653
-
15 393
-
total
11 962
-
22 460
-
Employer
39 169
-
64 242
-
social contributions
9 302
-
15 258
-
total
9 302
-
15 258
-
Corporate
31 030
79 500
-
-
surtax
-
-
-
-
income
6 517
16 694
-
-
total
6 517
16 694
-
-
Dividends
24 513
62 806
-
-
withholding
6 864
17 586
-
-
total
6 864
17 586
-
-
Income
79 500
79 500
79 500
79 500
Total tax
34 645
34 280
37 718
34 465
After tax
44 855
45 220
41 782
45 035
Living cost
27 207
27 207
27 207
27 207
Free-cash
17 648
18 013
14 575
17 828

Estimated living cost  is ₽27207 per week

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

Source of data for Porto model

Close
Madrid , Spain
₽18147
₽10450
₽7000
₽7565
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
79 500
accident
-
-
-
716
income
-
-
-
13 181
pensions
-
-
-
22 499
other
-
-
-
80
unemployment
-
-
-
557
total
-
-
-
37 033
Employee
48 739
-
60 282
-
other
48
-
59
-
income
10 180
-
13 424
-
pensions
2 290
-
2 832
-
unemployment
755
-
935
-
total
13 273
-
17 250
-
Employer
48 739
-
60 282
-
accident
965
-
1 193
-
other
391
-
483
-
unemployment
2 681
-
3 315
-
pensions
11 502
-
14 227
-
total
15 539
-
19 218
-
Corporate
15 222
79 500
-
-
income

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

2 283
11 925
-
-
total
2 283
11 925
-
-
Dividends
12 939
67 575
-
-
withholding
2 488
13 961
-
-
total
2 488
13 961
-
-
Income
79 500
79 500
79 500
79 500
Total tax
33 583
25 886
36 468
37 033
After tax
45 917
53 614
43 032
42 467
Living cost
35 467
35 467
35 467
35 467
Free-cash
10 450
18 147
7 565
7 000

Estimated living cost  is ₽35467 per week

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

Source of data for Madrid model

Close
Sofia , Bulgaria
₽50602
₽44447
₽40787
₽42843
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
79 500
income
-
-
-
11 925
pensions

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

-
-
-
5 220
unemployment
-
-
-
141
health
-
-
-
4 056
total
-
-
-
21 342
Employee
23 001
-
72 580
-
health
1 058
-
1 622
-
accident

We are using the highest rate at 1.1%.

253
-
388
-
income
2 300
-
7 258
-
pensions

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

2 019
-
3 097
-
total
5 630
-
12 365
-
Employer
23 001
-
72 580
-
accident

We are using the highest rate at 1.1%.

253
-
388
-
unemployment
138
-
212
-
pensions

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

2 535
-
3 887
-
health
1 587
-
2 434
-
total
4 513
-
6 921
-
Corporate
51 986
79 500
-
-
income
5 199
7 950
-
-
total
5 199
7 950
-
-
Dividends
46 787
71 550
-
-
withholding
2 340
3 577
-
-
total
2 340
3 577
-
-
Income
79 500
79 500
79 500
79 500
Total tax
17 682
11 527
19 286
21 342
After tax
61 818
67 973
60 214
58 158
Living cost
17 371
17 371
17 371
17 371
Free-cash
44 447
50 602
42 843
40 787

Estimated living cost  is ₽17371 per week

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

Source of data for Sofia model

Close
Berlin , Germany
₽2114
₽15318
₽15067
₽19742
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
79 500
trade
-
-
-
4 675
income

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

-
-
-
13 178
health

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

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

-
-
-
6 894
surtax

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

-
-
-
724
total
-
-
-
25 471
Employee

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

50 213
-
79 500
-
health

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

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

6 894
-
6 894
-
surtax

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

228
-
724
-
income

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

4 129
-
13 178
-
total
11 251
-
20 796
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
29 287
79 500
-
-
surtax

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

241
655
-
-
income
4 393
11 925
-
-
trade
4 202
11 408
-
-
chamber of commerce
195
270
-
-
total
9 031
24 258
-
-
Dividends
20 255
55 241
-
-
surtax

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

257
739
-
-
withholding
4 681
13 427
-
-
total
4 938
14 166
-
-
Income
79 500
79 500
79 500
79 500
Total tax
25 220
38 424
20 796
25 471
After tax
54 280
41 076
58 704
54 029
Living cost
38 962
38 962
38 962
38 962
Free-cash
15 318
2 114
19 742
15 067

Estimated living cost  is ₽38962 per week

₽26877
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4192
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽565
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7327
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Berlin model

Close
Dublin , Ireland
-₽1838
₽390
₽275
₽275
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
79 500
income
-
-
-
15 120
social contributions
-
-
-
6 618
total
-
-
-
21 738
Employee
78 941
-
79 500
-
income
14 896
-
15 120
-
social contributions
6 558
-
6 618
-
total
21 454
-
21 738
-
Employer
78 941
-
79 500
-
total
-
-
-
-
Corporate
559
79 500
-
-
income
71
9 938
-
-
total
71
9 938
-
-
Dividends
489
69 562
-
-
withholding
98
13 913
-
-
total
98
13 913
-
-
Income
79 500
79 500
79 500
79 500
Total tax
21 623
23 851
21 738
21 738
After tax
57 877
55 649
57 762
57 762
Living cost
57 487
57 487
57 487
57 487
Free-cash
390
-1 838
275
275

Estimated living cost  is ₽57487 per week

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

Additional information

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

Source of data for Dublin model

Close
Sliema , Malta
₽9709
₽15556
₽7398
₽21419
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
79 500
income
-
-
-
28 727
health

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

-
-
-
6 741
total
-
-
-
35 468
Employee
46 295
-
74 858
-
income
5 023
-
12 163
-
social contributions
4 638
-
4 642
-
total
9 661
-
16 805
-
Employer
46 295
-
74 858
-
social contributions
4 638
-
4 642
-
total
4 638
-
4 642
-
Corporate
28 566
79 500
-
-
income
9 999
27 825
-
-
total
9 999
27 825
-
-
Dividends
18 567
51 675
-
-
social contributions
3 012
5 332
-
-
total
3 012
5 332
-
-
Income
79 500
79 500
79 500
79 500
Total tax
27 310
33 157
21 447
35 468
After tax
52 190
46 343
58 053
44 032
Living cost
36 634
36 634
36 634
36 634
Free-cash
15 556
9 709
21 419
7 398

Estimated living cost  is ₽36634 per week

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

Source of data for Sliema model

Close
Edinburgh , United Kingdom
₽21949
₽16237
₽21615
₽12879
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
79 500
income
-
-
-
14 806
pensions
-
-
-
5 464
total
-
-
-
20 270
Employee
51 632
-
70 363
-
health
674
-
1 057
-
income
9 403
-
12 623
-
pensions
3 941
-
6 189
-
total
14 018
-
19 869
-
Employer
51 632
-
70 363
-
pensions
5 216
-
7 801
-
health
981
-
1 336
-
total
6 197
-
9 137
-
Corporate
21 670
79 500
-
-
income

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

4 117
15 105
-
-
total
4 117
15 105
-
-
Dividends
17 553
64 395
-
-
withholding
1 316
4 831
-
-
total
1 316
4 831
-
-
Income
79 500
79 500
79 500
79 500
Total tax
25 648
19 936
29 006
20 270
After tax
53 852
59 564
50 494
59 230
Living cost
37 615
37 615
37 615
37 615
Free-cash
16 237
21 949
12 879
21 615

Estimated living cost  is ₽37615 per week

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

Additional information

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

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

Source of data for Edinburgh model

Close
Warsaw , Poland
-₽17461
₽2773
₽30797
₽16198
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
79 500
accident
-
-
-
253
income
-
-
-
17 816
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
24 803
Employee
37 595
-
66 041
-
health
4 304
-
7 562
-
income
5 158
-
10 945
-
pensions
4 233
-
7 436
-
total
13 695
-
25 943
-
Employer
37 595
-
66 041
-
accident
628
-
1 103
-
unemployment
921
-
1 618
-
pensions
6 113
-
10 738
-
total
7 662
-
13 459
-
Corporate
34 244
79 500
-
-
income

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

30 819
71 550
-
-
total
30 819
71 550
-
-
Dividends
3 424
7 950
-
-
withholding
651
1 511
-
-
total
651
1 511
-
-
Income
79 500
79 500
79 500
79 500
Total tax
52 827
73 061
39 402
24 803
After tax
26 673
6 439
40 098
54 697
Living cost
23 900
23 900
23 900
23 900
Free-cash
2 773
-17 461
16 198
30 797

Estimated living cost  is ₽23900 per week

₽17540
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1393
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽481
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4486
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Warsaw model

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Skopje , Macedonia
₽53944
₽49037
₽32386
₽32386
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
79 500
work injury
-
-
-
397
health insurance
-
-
-
5 883
income
-
-
-
11 621
pensions
-
-
-
14 628
unemployment
-
-
-
954
total
-
-
-
33 483
Employee

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

21 810
-
79 500
-
work injury
109
-
397
-
income
2 181
-
11 621
-
pensions
4 013
-
14 628
-
health insurance
1 614
-
5 883
-
unemployment
262
-
954
-
total
8 179
-
33 483
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
57 690
79 500
-
-
income

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

-
-
-
-
total
-
-
-
-
Dividends
57 690
79 500
-
-
withholding
8 653
11 925
-
-
total
8 653
11 925
-
-
Income
79 500
79 500
79 500
79 500
Total tax
16 832
11 925
33 483
33 483
After tax
62 668
67 575
46 017
46 017
Living cost
13 631
13 631
13 631
13 631
Free-cash
49 037
53 944
32 386
32 386

Estimated living cost  is ₽13631 per week

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

Source of data for Skopje model

Close
Rome , Italy
₽1673
-₽5541
₽1536
-₽2216
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
79 500
municipal
-
-
-
532
regional
-
-
-
1 389
national
-
-
-
15 392
social contributions
-
-
-
20 448
total
-
-
-
37 761
Employee
85 040
-
79 500
-
social contributions
28 675
-
26 808
-
regional
1 284
-
1 152
-
municipal
508
-
475
-
national
14 371
-
13 078
-
total
44 838
-
41 513
-
Employer
85 040
-
79 500
-
total
-
-
-
-
Corporate
-
79 500
-
-
nationa
-
19 080
-
-
municipal
-
3 832
-
-
total
-
22 912
-
-
Dividends
-
56 588
-
-
withholding
-
14 712
-
-
total
-
14 712
-
-
Income
79 500
79 500
79 500
79 500
Total tax
44 838
37 624
41 513
37 761
After tax
34 662
41 876
37 987
41 739
Living cost
40 203
40 203
40 203
40 203
Free-cash
-5 541
1 673
-2 216
1 536

Estimated living cost  is ₽40203 per week

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

Source of data for Rome model

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