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
₽ 80000
per

Your estimated
City
free-cash

Dresden , Germany
₽23382
₽28661
₽21280
₽10219
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
80 000
trade
-
-
-
5 279
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.

-
-
-
6 831
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.

-
-
-
13 480
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.

-
-
-
742
total
-
-
-
26 332
Employee

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

38 244
-
80 000
-
surtax

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

59
-
742
-
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.

1 068
-
13 480
-
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.

6 831
-
6 831
-
total
7 958
-
21 053
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
41 756
80 000
-
-
trade
6 577
12 599
-
-
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.

345
660
-
-
income
6 264
12 000
-
-
chamber of commerce
213
268
-
-
total
13 399
25 527
-
-
Dividends
28 358
54 473
-
-
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.

368
729
-
-
withholding
6 709
13 239
-
-
total
7 077
13 968
-
-
Income
80 000
80 000
80 000
80 000
Total tax
28 434
39 495
21 053
26 332
After tax
51 566
40 505
58 947
53 668
Living cost
30 286
30 286
30 286
30 286
Free-cash
21 280
10 219
28 661
23 382

Estimated living cost  is ₽30286 per week

₽19051
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3531
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.
₽7138
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽1526
-₽898
-₽5291
-₽522
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
80 000
social contributions
-
-
-
860
municipal
-
-
-
8 089
national
-
-
-
12 535
pensions
-
-
-
9 600
total
-
-
-
31 084
Employee
78 195
-
69 159
-
pensions
3 128
-
2 766
-
national
14 966
-
13 015
-
municipal
9 658
-
8 399
-
total
27 752
-
24 180
-
Employer
78 195
-
69 159
-
pensions
6 256
-
5 533
-
social contributions
841
-
743
-
total
7 097
-
6 276
-
Corporate
-
80 000
-
-
income

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

-
16 000
-
-
total
-
16 000
-
-
Dividends
-
64 000
-
-
withholding
-
14 080
-
-
total
-
14 080
-
-
Income
80 000
80 000
80 000
80 000
Total tax
34 849
30 080
30 456
31 084
After tax
45 151
49 920
49 544
48 916
Living cost
50 442
50 442
50 442
50 442
Free-cash
-5 291
-522
-898
-1 526

Estimated living cost  is ₽50442 per week

₽34285
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4689
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽755
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10713
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽22131
₽24518
₽34996
₽43198
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
80 000
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.

-
-
-
25 720
income
-
-
-
11 347
microenterprise
-
-
-
-
surtax
-
-
-
-
total
-
-
-
37 067
Employee
29 217
-
64 469
-
income
5 201
-
12 058
-
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.

3 214
-
7 091
-
surtax
-
-
-
-
total
8 415
-
19 149
-
Employer
29 217
-
64 469
-
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.

7 038
-
15 531
-
surtax
-
-
-
-
total
7 038
-
15 531
-
Corporate
43 745
80 000
-
-
income

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

8 749
16 000
-
-
total
8 749
16 000
-
-
Dividends

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

34 996
64 000
-
-
total
-
-
-
-
Income
80 000
80 000
80 000
80 000
Total tax
24 202
16 000
34 680
37 067
After tax
55 798
64 000
45 320
42 933
Living cost
20 802
20 802
20 802
20 802
Free-cash
34 996
43 198
24 518
22 131

Estimated living cost  is ₽20802 per week

₽13271
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1981
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽472
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5078
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽3635
-₽19291
-₽19291
-₽13678
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
80 000
health
-
-
-
10 840
income
-
-
-
11 923
pensions
-
-
-
11 715
total
-
-
-
34 478
Employee
85 386
85 386
85 386
-
income

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

13 976
13 976
13 976
-
pensions
15 370
11 715
15 370
-
health
13 106
11 148
13 106
-
total
42 452
36 839
42 452
-
Employer
85 386
85 386
85 386
-
pensions
5 943
5 943
5 943
-
health
5 935
5 935
5 935
-
unemployment
3 074
3 074
3 074
-
total
14 952
14 952
14 952
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Income
80 000
80 000
80 000
80 000
Total tax
57 404
51 791
57 404
34 478
After tax
22 596
28 209
22 596
45 522
Living cost
41 887
41 887
41 887
41 887
Free-cash
-19 291
-13 678
-19 291
3 635

Estimated living cost  is ₽41887 per week

₽29684
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3776
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽666
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7761
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rotterdam model

Close
Stockholm , Sweden
₽1431
₽4272
₽4370
₽5232
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
80 000
other
-
-
-
9 296
unemployment
-
-
-
80
accident
-
-
-
160
municipal
-
-
-
16 945
health
-
-
-
4 992
national
-
-
-
-
pensions
-
-
-
8 648
total
-
-
-
40 121
Employee
54 785
-
60 874
-
national
-
-
-
-
municipal
16 337
-
18 153
-
total
16 337
-
18 153
-
Employer
54 785
-
60 874
-
pensions
5 922
-
6 580
-
other
6 366
-
7 074
-
accident
110
-
122
-
health
3 369
-
3 744
-
unemployment
1 446
-
1 607
-
total
17 213
-
19 127
-
Corporate
8 002
80 000
-
-
income
1 760
17 600
-
-
total
1 760
17 600
-
-
Dividends
6 241
62 400
-
-
withholding
1 872
18 720
-
-
total
1 872
18 720
-
-
Income
80 000
80 000
80 000
80 000
Total tax
37 182
36 320
37 280
40 121
After tax
42 818
43 680
42 720
39 879
Living cost
38 448
38 448
38 448
38 448
Free-cash
4 370
5 232
4 272
1 431

Estimated living cost  is ₽38448 per week

₽25482
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3773
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.
₽8610
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽14155
₽19667
₽14863
₽814
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
80 000
trade
-
-
-
5 512
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.

-
-
-
6 831
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.

-
-
-
13 480
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.

-
-
-
742
total
-
-
-
26 565
Employee

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

50 706
-
80 000
-
surtax

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

239
-
742
-
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.

4 357
-
13 480
-
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.

6 831
-
6 831
-
total
11 427
-
21 053
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
29 294
80 000
-
-
trade
4 820
13 161
-
-
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
660
-
-
income
4 395
12 000
-
-
chamber of commerce
194
266
-
-
total
9 650
26 087
-
-
Dividends
19 645
53 914
-
-
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.

249
721
-
-
withholding
4 531
13 098
-
-
total
4 780
13 819
-
-
Income
80 000
80 000
80 000
80 000
Total tax
25 857
39 906
21 053
26 565
After tax
54 143
40 094
58 947
53 435
Living cost
39 280
39 280
39 280
39 280
Free-cash
14 863
814
19 667
14 155

Estimated living cost  is ₽39280 per week

₽26271
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4142
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽586
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8281
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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
₽26736
₽25690
₽22097
₽24960
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
80 000
social contributions
-
-
-
12 480
health
-
-
-
2 040
income
-
-
-
6 313
total
-
-
-
20 833
Employee
76 887
76 887
76 887
-
income
8 074
7 117
7 245
-
social contributions
3 736
6 381
6 028
-
health
765
1 307
1 235
-
total
12 575
14 805
14 508
-
Employer
76 887
76 887
76 887
-
health
833
1 423
1 343
-
social contributions
3 736
6 381
6 028
-
total
4 569
7 804
7 371
-
Corporate
30 425
-
-
-
income
3 803
-
-
-
total
3 803
-
-
-
Dividends
26 622
-
-
-
withholding
4 525
-
-
-
total
4 525
-
-
-
Income
80 000
80 000
80 000
80 000
Total tax
25 472
22 609
21 879
20 833
After tax
54 528
57 391
58 121
59 167
Living cost
32 431
32 431
32 431
32 431
Free-cash
22 097
24 960
25 690
26 736

Estimated living cost  is ₽32431 per week

₽22170
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2533
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽545
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7184
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽37184
₽28141
₽27287
₽26907
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
80 000
unemployment
-
-
-
1 200
health
-
-
-
5 600
income
-
-
-
9 780
pensions
-
-
-
8 000
total
-
-
-
24 580
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.

26 323
10 476
66 946
-
income
3 218
1 281
8 184
-
pensions
2 632
1 048
6 695
-
unemployment
395
157
1 004
-
health
1 843
733
4 686
-
total
8 088
3 219
20 569
-
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.

26 323
10 476
66 946
-
pensions
5 133
2 043
13 054
-
total
5 133
2 043
13 054
-
Corporate
48 544
67 481
-
-
income
4 369
6 073
-
-
total
4 369
6 073
-
-
Dividends
44 175
61 408
-
-
social contributions
8 494
11 855
-
-
withholding
8 393
11 667
-
-
total
16 887
23 522
-
-
Income
80 000
80 000
80 000
80 000
Total tax
34 477
34 857
33 623
24 580
After tax
45 523
45 143
46 377
55 420
Living cost
18 236
18 236
18 236
18 236
Free-cash
27 287
26 907
28 141
37 184

Estimated living cost  is ₽18236 per week

₽12444
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1492
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽364
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3935
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽18728
₽21963
₽33638
₽39849
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
80 000
health
-
-
-
10 400
income
-
-
-
10 721
pensions
-
-
-
16 000
total
-
-
-
37 121
Employee
28 365
-
59 792
-
income
3 193
-
11 527
-
pensions
567
-
1 195
-
unemployment
453
-
956
-
total
4 213
-
13 678
-
Employer
28 365
-
59 792
-
pensions
5 673
-
11 958
-
health
3 687
-
7 772
-
unemployment
228
-
478
-
total
9 588
-
20 208
-
Corporate
42 047
80 000
-
-
income
8 410
16 000
-
-
total
8 410
16 000
-
-
Dividends
33 637
64 000
-
-
total
-
-
-
-
Income
80 000
80 000
80 000
80 000
Total tax
22 211
16 000
33 886
37 121
After tax
57 789
64 000
46 114
42 879
Living cost
24 151
24 151
24 151
24 151
Free-cash
33 638
39 849
21 963
18 728

Estimated living cost  is ₽24151 per week

₽16565
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1438
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.
₽5662
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽33118
₽18363
₽3118
-₽15434
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
80 000
other
-
-
-
369
accident
-
-
-
252
health
-
-
-
2 172
income
-
-
-
18 030
pensions
-
-
-
4 145
total
-
-
-
24 968
Employee
34 472
-
66 456
-
income
4 729
-
11 087
-
pensions
3 882
-
7 483
-
health
3 947
-
7 609
-
total
12 558
-
26 179
-
Employer
34 472
-
66 456
-
pensions
5 605
-
10 806
-
accident
575
-
1 110
-
unemployment
845
-
1 628
-
total
7 025
-
13 544
-
Corporate
38 503
80 000
-
-
income

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

34 653
72 000
-
-
total
34 653
72 000
-
-
Dividends
3 850
8 000
-
-
withholding
732
1 520
-
-
total
732
1 520
-
-
Income
80 000
80 000
80 000
80 000
Total tax
54 968
73 520
39 723
24 968
After tax
25 032
6 480
40 277
55 032
Living cost
21 914
21 914
21 914
21 914
Free-cash
3 118
-15 434
18 363
33 118

Estimated living cost  is ₽21914 per week

₽16061
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1214
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽457
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4182
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽70189
₽54989
₽65300
₽66989
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
80 000
microenterprise

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

-
-
-
800
total
-
-
-
800
Employee
11 263
-
80 000
-
income
2 252
-
16 000
-
total
2 252
-
16 000
-
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%.

68 737
80 000
-
-
total
-
-
-
-
Dividends
68 737
80 000
-
-
withholding
3 437
4 000
-
-
total
3 437
4 000
-
-
Income
80 000
80 000
80 000
80 000
Total tax
5 689
4 000
16 000
800
After tax
74 311
76 000
64 000
79 200
Living cost
9 011
9 011
9 011
9 011
Free-cash
65 300
66 989
54 989
70 189

Estimated living cost  is ₽9011 per week

₽5584
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽749
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽248
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2430
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽16674
₽20251
₽25381
₽32132
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
80 000
other
-
-
-
3 801
health
-
-
-
3 520
income
-
-
-
10 161
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.

-
-
-
19 201
total
-
-
-
36 683
Employee
36 305
-
63 898
-
income
6 250
-
11 000
-
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.

2 541
-
4 472
-
unemployment
362
-
639
-
health
509
-
894
-
total
9 662
-
17 005
-
Employer
36 305
-
63 898
-
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.

6 172
-
10 863
-
other
1 816
-
3 195
-
accident
290
-
510
-
health
509
-
894
-
unemployment
362
-
639
-
total
9 149
-
16 101
-
Corporate
34 545
80 000
-
-
income
7 254
16 800
-
-
total
7 254
16 800
-
-
Dividends
27 291
63 200
-
-
withholding
1 911
4 425
-
-
total
1 911
4 425
-
-
Income
80 000
80 000
80 000
80 000
Total tax
27 976
21 225
33 106
36 683
After tax
52 024
58 775
46 894
43 317
Living cost
26 643
26 643
26 643
26 643
Free-cash
25 381
32 132
20 251
16 674

Estimated living cost  is ₽26643 per week

₽18825
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1799
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽429
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5590
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽7670
-₽16484
-₽28195
-₽7313
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
80 000
income
-
-
-
14 896
pensions
-
-
-
5 521
total
-
-
-
20 417
Employee
95 153
-
70 783
-
income
17 152
-
12 692
-
pensions
9 180
-
6 254
-
health
1 568
-
1 070
-
total
27 900
-
20 016
-
Employer
95 153
-
70 783
-
pensions
11 235
-
7 871
-
health
1 807
-
1 344
-
total
13 042
-
9 215
-
Corporate
-
80 000
-
-
income

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

-
15 199
-
-
total
-
15 199
-
-
Dividends
-
64 801
-
-
withholding
-
4 861
-
-
total
-
4 861
-
-
Income
80 000
80 000
80 000
80 000
Total tax
40 942
20 060
29 231
20 417
After tax
39 058
59 940
50 769
59 583
Living cost
67 253
67 253
67 253
67 253
Free-cash
-28 195
-7 313
-16 484
-7 670

Estimated living cost  is ₽67253 per week

₽50394
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7902
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽547
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8411
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽45569
₽47671
₽50649
₽55293
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
80 000
unemployment
-
-
-
140
health
-
-
-
4 016
income
-
-
-
12 000
pensions

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

-
-
-
5 168
total
-
-
-
21 324
Employee
17 356
-
73 149
-
income
1 735
-
7 315
-
pensions

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

1 524
-
3 066
-
health
798
-
1 606
-
accident

We are using the highest rate at 1.1%.

191
-
384
-
total
4 248
-
12 371
-
Employer
17 356
-
73 149
-
pensions

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

1 913
-
3 848
-
accident

We are using the highest rate at 1.1%.

191
-
384
-
health
1 198
-
2 409
-
unemployment
104
-
210
-
total
3 406
-
6 851
-
Corporate
59 238
80 000
-
-
income
5 924
8 000
-
-
total
5 924
8 000
-
-
Dividends
53 315
72 000
-
-
withholding
2 666
3 600
-
-
total
2 666
3 600
-
-
Income
80 000
80 000
80 000
80 000
Total tax
16 244
11 600
19 222
21 324
After tax
63 756
68 400
60 778
58 676
Living cost
13 107
13 107
13 107
13 107
Free-cash
50 649
55 293
47 671
45 569

Estimated living cost  is ₽13107 per week

₽7652
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽936
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽347
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4172
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽9923
-₽32849
-₽28932
-₽27236
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
80 000
health
-
-
-
10 840
income
-
-
-
11 923
pensions
-
-
-
11 715
total
-
-
-
34 478
Employee
92 702
85 386
85 386
-
income

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

13 976
13 976
13 976
-
pensions
11 715
11 715
15 370
-
health
11 565
11 148
13 106
-
total
37 256
36 839
42 452
-
Employer
92 702
85 386
85 386
-
pensions
6 451
5 943
5 943
-
health
6 442
5 935
5 935
-
unemployment
3 338
3 074
3 074
-
total
16 231
14 952
14 952
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Income
80 000
80 000
80 000
80 000
Total tax
53 487
51 791
57 404
34 478
After tax
26 513
28 209
22 596
45 522
Living cost
55 445
55 445
55 445
55 445
Free-cash
-28 932
-27 236
-32 849
-9 923

Estimated living cost  is ₽55445 per week

₽40900
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4952
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽636
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8958
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽14952
₽16585
₽22502
₽31068
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
80 000
social contributions
-
-
-
23 360
health
-
-
-
10 800
income
-
-
-
6 876
solidarity contribution
-
-
-
-
total
-
-
-
41 036
Employee
35 311
-
59 701
-
income
4 237
-
7 164
-
solidarity contribution
-
-
-
-
social contributions
2 295
-
3 881
-
health
4 767
-
8 060
-
total
11 299
-
19 105
-
Employer
35 311
-
59 701
-
health
3 178
-
5 373
-
social contributions
8 828
-
14 925
-
total
12 006
-
20 298
-
Corporate
32 683
80 000
-
-
income
6 210
15 200
-
-
total
6 210
15 200
-
-
Dividends
26 473
64 800
-
-
withholding
3 971
9 720
-
-
total
3 971
9 720
-
-
Income
80 000
80 000
80 000
80 000
Total tax
33 486
24 920
39 403
41 036
After tax
46 514
55 080
40 597
38 964
Living cost
24 012
24 012
24 012
24 012
Free-cash
22 502
31 068
16 585
14 952

Estimated living cost  is ₽24012 per week

₽16679
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1708
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽472
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5153
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽309
-₽3510
-₽8864
₽490
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
80 000
social contributions
-
-
-
20 576
municipal
-
-
-
476
national
-
-
-
15 599
regional
-
-
-
848
total
-
-
-
37 499
Employee
88 864
-
80 000
-
national
15 398
-
13 178
-
social contributions
29 965
-
26 976
-
municipal
471
-
425
-
regional
838
-
739
-
total
46 672
-
41 318
-
Employer
88 864
-
80 000
-
total
-
-
-
-
Corporate
-
80 000
-
-
nationa
-
19 201
-
-
municipal
-
3 119
-
-
total
-
22 320
-
-
Dividends
-
57 680
-
-
withholding
-
14 998
-
-
total
-
14 998
-
-
Income
80 000
80 000
80 000
80 000
Total tax
46 672
37 318
41 318
37 499
After tax
33 328
42 682
38 682
42 501
Living cost
42 192
42 192
42 192
42 192
Free-cash
-8 864
490
-3 510
309

Estimated living cost  is ₽42192 per week

₽29411
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2767
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽647
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9366
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽21145
₽19476
₽25144
₽28256
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
80 000
other
-
-
-
-
unemployment
-
-
-
228
health
-
-
-
5 679
income
-
-
-
13 525
surtax
-
-
-
1 359
pensions
-
-
-
16 000
total
-
-
-
36 791
Employee
33 066
-
66 088
-
income
5 543
-
12 649
-
pensions
2 205
-
4 408
-
unemployment
2 302
-
4 599
-
health
844
-
1 685
-
other
-
-
-
-
surtax
108
-
1 207
-
total
11 002
-
24 548
-
Employer
33 066
-
66 088
-
pensions
4 408
-
8 810
-
other
-
-
-
-
health
1 505
-
3 007
-
unemployment
1 047
-
2 095
-
total
6 960
-
13 912
-
Corporate
39 974
80 000
-
-
income
10 392
20 800
-
-
total
10 392
20 800
-
-
Dividends
29 582
59 200
-
-
withholding
4 438
8 880
-
-
total
4 438
8 880
-
-
Income
80 000
80 000
80 000
80 000
Total tax
32 792
29 680
38 460
36 791
After tax
47 208
50 320
41 540
43 209
Living cost
22 064
22 064
22 064
22 064
Free-cash
25 144
28 256
19 476
21 145

Estimated living cost  is ₽22064 per week

₽13491
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2036
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽509
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6028
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽13637
₽4823
₽6081
₽13994
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
80 000
income
-
-
-
14 896
pensions
-
-
-
5 521
total
-
-
-
20 417
Employee
63 769
-
70 783
-
income
11 485
-
12 692
-
pensions
5 413
-
6 254
-
health
926
-
1 070
-
total
17 824
-
20 016
-
Employer
63 769
-
70 783
-
pensions
6 903
-
7 871
-
health
1 211
-
1 344
-
total
8 114
-
9 215
-
Corporate
8 116
80 000
-
-
income

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

1 541
15 199
-
-
total
1 541
15 199
-
-
Dividends
6 575
64 801
-
-
withholding
494
4 861
-
-
total
494
4 861
-
-
Income
80 000
80 000
80 000
80 000
Total tax
27 973
20 060
29 231
20 417
After tax
52 027
59 940
50 769
59 583
Living cost
45 946
45 946
45 946
45 946
Free-cash
6 081
13 994
4 823
13 637

Estimated living cost  is ₽45946 per week

₽34422
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3444
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.
₽7598
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽8323
-₽12402
-₽16875
-₽38997
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
80 000
other

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

-
-
-
1 600
health
-
-
-
247
city
-
-
-
842
national
-
-
-
339
regional
-
-
-
2 353
pensions
-
-
-
7 361
total
-
-
-
12 742
Employee
88 449
-
71 604
-
pensions
7 431
-
6 014
-
national
419
-
285
-
unemployment
-
-
-
-
city
949
-
769
-
health
200
-
161
-
regional
2 896
-
1 984
-
total
11 895
-
9 213
-
Employer
88 449
-
71 604
-
pensions
7 431
-
6 014
-
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.

1 768
-
1 433
-
health
200
-
161
-
unemployment
-
-
-
-
total
9 399
-
7 608
-
Corporate
-
80 000
-
-
regional
-
16 919
-
-
national
-
6 800
-
-
total
-
23 719
-
-
Dividends
-
56 281
-
-
withholding
-
19 697
-
-
total
-
19 697
-
-
Income
80 000
80 000
80 000
80 000
Total tax
21 294
43 416
16 821
12 742
After tax
58 706
36 584
63 179
67 258
Living cost
75 581
75 581
75 581
75 581
Free-cash
-16 875
-38 997
-12 402
-8 323

Estimated living cost  is ₽75581 per week

₽49149
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6783
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽928
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18721
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽7395
₽13142
₽10093
-₽6123
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
80 000
trade
-
-
-
5 747
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.

-
-
-
6 831
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.

-
-
-
13 480
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.

-
-
-
742
total
-
-
-
26 800
Employee

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

60 091
-
80 000
-
surtax

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

389
-
742
-
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.

7 066
-
13 480
-
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.

6 831
-
6 831
-
total
14 286
-
21 053
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
19 909
80 000
-
-
trade
3 414
13 721
-
-
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.

165
660
-
-
income
2 987
12 000
-
-
chamber of commerce
180
264
-
-
total
6 746
26 645
-
-
Dividends
13 163
53 356
-
-
surtax

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

159
713
-
-
withholding
2 911
12 960
-
-
total
3 070
13 673
-
-
Income
80 000
80 000
80 000
80 000
Total tax
24 102
40 318
21 053
26 800
After tax
55 898
39 682
58 947
53 200
Living cost
45 805
45 805
45 805
45 805
Free-cash
10 093
-6 123
13 142
7 395

Estimated living cost  is ₽45805 per week

₽33454
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3664
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽596
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8093
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽12313
₽13088
₽12019
₽6108
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
80 000
other
-
-
-
2 480
social contributions
-
-
-
2 279
health
-
-
-
691
income
-
-
-
4 601
surtax
-
-
-
-
pensions
-
-
-
23 427
total
-
-
-
33 478
Employee
42 794
-
60 965
-
income
2 526
-
5 033
-
pensions
4 839
-
6 895
-
social contributions
1 220
-
1 738
-
surtax
-
-
-
-
total
8 585
-
13 666
-
Employer
42 794
-
60 965
-
pensions
7 030
-
10 017
-
other
1 476
-
2 102
-
health
2 996
-
4 267
-
unemployment
1 732
-
2 469
-
social contributions
129
-
182
-
total
13 363
-
19 037
-
Corporate
23 842
80 000
-
-
surtax
-
-
-
-
income
6 675
22 400
-
-
total
6 675
22 400
-
-
Dividends
17 167
57 600
-
-
surtax
-
-
-
-
social contributions
2 952
9 909
-
-
withholding
2 197
7 374
-
-
total
5 149
17 283
-
-
Income
80 000
80 000
80 000
80 000
Total tax
33 772
39 683
32 703
33 478
After tax
46 228
40 317
47 297
46 522
Living cost
34 209
34 209
34 209
34 209
Free-cash
12 019
6 108
13 088
12 313

Estimated living cost  is ₽34209 per week

₽21570
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2782
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽583
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9277
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽15702
₽16477
₽15053
₽9497
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
80 000
other
-
-
-
2 480
social contributions
-
-
-
2 279
health
-
-
-
691
income
-
-
-
4 601
surtax
-
-
-
-
pensions
-
-
-
23 427
total
-
-
-
33 478
Employee
38 199
-
60 965
-
income
1 970
-
5 033
-
pensions
4 321
-
6 895
-
social contributions
1 089
-
1 738
-
surtax
-
-
-
-
total
7 380
-
13 666
-
Employer
38 199
-
60 965
-
pensions
6 277
-
10 017
-
other
1 319
-
2 102
-
health
2 674
-
4 267
-
unemployment
1 546
-
2 469
-
social contributions
114
-
182
-
total
11 930
-
19 037
-
Corporate
29 871
80 000
-
-
surtax
-
-
-
-
income
8 364
22 400
-
-
total
8 364
22 400
-
-
Dividends
21 507
57 600
-
-
surtax
-
-
-
-
social contributions
3 700
9 909
-
-
withholding
2 753
7 374
-
-
total
6 453
17 283
-
-
Income
80 000
80 000
80 000
80 000
Total tax
34 127
39 683
32 703
33 478
After tax
45 873
40 317
47 297
46 522
Living cost
30 820
30 820
30 820
30 820
Free-cash
15 053
9 497
16 477
15 702

Estimated living cost  is ₽30820 per week

₽17874
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3131
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.
₽9231
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽30174
₽31349
₽28125
₽27606
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
80 000
social contributions
-
-
-
11 040
health
-
-
-
5 584
income
-
-
-
12 000
total
-
-
-
28 624
Employee
33 902
-
80 000
-
income
5 654
-
10 825
-
social contributions
4 679
-
11 040
-
health
2 366
-
5 584
-
total
12 699
-
27 449
-
Employer
33 902
-
80 000
-
total
-
-
-
-
Corporate
46 098
80 000
-
-
income

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

2 305
4 000
-
-
total
2 305
4 000
-
-
Dividends
43 792
76 000
-
-
social contributions
6 043
10 487
-
-
health
3 057
5 305
-
-
withholding
6 569
11 400
-
-
total
15 669
27 192
-
-
Income
80 000
80 000
80 000
80 000
Total tax
30 673
31 192
27 449
28 624
After tax
49 327
48 808
52 551
51 376
Living cost
21 202
21 202
21 202
21 202
Free-cash
28 125
27 606
31 349
30 174

Estimated living cost  is ₽21202 per week

₽14189
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1307
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽488
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5216
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽7299
-₽8158
₽8403
₽9951
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
80 000
chamber of commerce
-
-
-
321
unemployment
-
-
-
6 133
health
-
-
-
6 119
income
-
-
-
9 899
surtax
-
-
-
197
pensions
-
-
-
14 800
total
-
-
-
37 469
Employee
49 970
39 847
61 966
-
income
5 689
2 939
9 127
-
pensions
5 117
4 080
6 345
-
unemployment
1 499
1 195
1 860
-
health
1 934
1 543
2 398
-
other
499
398
620
-
total
14 738
10 155
20 350
-
Employer
49 970
39 847
61 966
-
pensions
6 271
5 002
7 776
-
other
2 374
1 892
2 945
-
accident
649
518
806
-
health
1 888
1 507
2 341
-
payroll
1 499
1 195
1 860
-
chamber of commerce
199
159
249
-
unemployment
1 499
1 195
1 860
-
surtax
197
197
197
-
total
14 576
11 665
18 034
-
Corporate
15 454
28 487
58 171
-
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.

3 863
7 121
14 542
-
total
3 863
7 121
14 542
-
Dividends
11 590
21 366
-
-
withholding
3 188
5 876
-
-
total
3 188
5 876
-
-
Income
80 000
80 000
80 000
80 000
Total tax
36 365
34 817
52 926
37 469
After tax
43 635
45 183
27 074
42 531
Living cost
35 232
35 232
35 232
35 232
Free-cash
8 403
9 951
-8 158
7 299

Estimated living cost  is ₽35232 per week

₽23498
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3006
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽579
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8150
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽3148
-₽4068
-₽12342
₽8483
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
80 000
social contributions
-
-
-
11 400
communal

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

-
-
-
4 116
national
-
-
-
24 879
total
-
-
-
40 395
Employee

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

71 523
-
61 961
-
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.

5 364
-
4 647
-
national
21 989
-
18 247
-
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.

622
-
539
-
communal

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

3 730
-
3 231
-
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.

3 360
-
2 913
-
total
35 065
-
29 577
-
Employer

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

71 523
-
61 961
-
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.

6 338
-
5 489
-
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.

930
-
806
-
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.

4 398
-
3 810
-
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.

1 044
-
905
-
surtax
8 110
-
7 024
-
total
20 820
-
18 034
-
Corporate
-
80 000
-
-
surtax
-
321
-
-
income
-
16 000
-
-
total
-
16 321
-
-
Dividends
-
63 680
-
-
withholding

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

-
18 739
-
-
total
-
18 739
-
-
Income
80 000
80 000
80 000
80 000
Total tax
55 885
35 060
47 611
40 395
After tax
24 115
44 940
32 389
39 605
Living cost
36 457
36 457
36 457
36 457
Free-cash
-12 342
8 483
-4 068
3 148

Estimated living cost  is ₽36457 per week

₽23483
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3188
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.
₽9216
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽6571
₽7137
₽9872
₽17837
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
80 000
other
-
-
-
80
unemployment
-
-
-
560
accident
-
-
-
719
income
-
-
-
13 319
pensions
-
-
-
22 641
total
-
-
-
37 319
Employee
49 772
-
60 661
-
income
10 502
-
13 560
-
pensions
2 340
-
2 852
-
unemployment
772
-
941
-
other
49
-
61
-
total
13 663
-
17 414
-
Employer
49 772
-
60 661
-
pensions
11 745
-
14 316
-
other
397
-
486
-
accident
985
-
1 201
-
unemployment
2 738
-
3 336
-
total
15 865
-
19 339
-
Corporate
14 363
80 000
-
-
income

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

2 154
12 000
-
-
total
2 154
12 000
-
-
Dividends
12 210
68 000
-
-
withholding
2 336
14 053
-
-
total
2 336
14 053
-
-
Income
80 000
80 000
80 000
80 000
Total tax
34 018
26 053
36 753
37 319
After tax
45 982
53 947
43 247
42 681
Living cost
36 110
36 110
36 110
36 110
Free-cash
9 872
17 837
7 137
6 571

Estimated living cost  is ₽36110 per week

₽26591
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2562
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽520
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6436
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽6538
-₽2469
-₽4767
-₽4848
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
80 000
accident
-
-
-
674
health
-
-
-
5 620
income
-
-
-
4 893
communal
-
-
-
5 057
surtax
-
-
-
3 966
pensions
-
-
-
11 990
total
-
-
-
32 200
Employee
75 721
-
71 459
-
income
7 314
-
6 319
-
pensions
6 057
-
5 717
-
health
3 370
-
3 178
-
surtax
4 641
-
4 379
-
total
21 382
-
19 593
-
Employer
75 721
-
71 459
-
pensions
6 057
-
5 717
-
accident
681
-
643
-
health
2 309
-
2 178
-
total
9 047
-
8 538
-
Corporate
-
80 000
-
-
communal
-
5 400
-
-
surtax
-
841
-
-
income
-
12 000
-
-
total
-
18 241
-
-
Dividends
-
61 760
-
-
withholding
-
9 263
-
-
income
-
3 006
-
-
total
-
12 269
-
-
Income
80 000
80 000
80 000
80 000
Total tax
30 429
30 510
28 131
32 200
After tax
49 571
49 490
51 869
47 800
Living cost
54 338
54 338
54 338
54 338
Free-cash
-4 767
-4 848
-2 469
-6 538

Estimated living cost  is ₽54338 per week

₽40762
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3292
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.
₽9707
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽20750
₽19081
₽24680
₽27861
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
80 000
other
-
-
-
-
unemployment
-
-
-
228
health
-
-
-
5 679
income
-
-
-
13 525
surtax
-
-
-
1 359
pensions
-
-
-
16 000
total
-
-
-
36 791
Employee
33 673
-
66 088
-
income
5 645
-
12 649
-
pensions
2 247
-
4 408
-
unemployment
2 343
-
4 599
-
health
860
-
1 685
-
other
-
-
-
-
surtax
120
-
1 207
-
total
11 215
-
24 548
-
Employer
33 673
-
66 088
-
pensions
4 489
-
8 810
-
other
-
-
-
-
health
1 531
-
3 007
-
unemployment
1 068
-
2 095
-
total
7 088
-
13 912
-
Corporate
39 238
80 000
-
-
income
10 203
20 800
-
-
total
10 203
20 800
-
-
Dividends
29 036
59 200
-
-
withholding
4 355
8 880
-
-
total
4 355
8 880
-
-
Income
80 000
80 000
80 000
80 000
Total tax
32 861
29 680
38 460
36 791
After tax
47 139
50 320
41 540
43 209
Living cost
22 459
22 459
22 459
22 459
Free-cash
24 680
27 861
19 081
20 750

Estimated living cost  is ₽22459 per week

₽13559
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1953
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽522
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6427
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽15208
₽11409
₽12895
₽15115
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
80 000
social contributions
-
-
-
20 576
municipal
-
-
-
476
national
-
-
-
15 599
regional
-
-
-
1 206
total
-
-
-
37 857
Employee
55 465
-
80 000
-
national
8 787
-
13 178
-
social contributions
18 703
-
26 976
-
municipal
294
-
425
-
regional
747
-
1 077
-
total
28 531
-
41 656
-
Employer
55 465
-
80 000
-
total
-
-
-
-
Corporate
24 535
80 000
-
-
nationa
5 888
19 201
-
-
municipal
1 220
3 975
-
-
total
7 108
23 176
-
-
Dividends
17 427
56 824
-
-
withholding
4 531
14 774
-
-
total
4 531
14 774
-
-
Income
80 000
80 000
80 000
80 000
Total tax
40 170
37 950
41 656
37 857
After tax
39 830
42 050
38 344
42 143
Living cost
26 935
26 935
26 935
26 935
Free-cash
12 895
15 115
11 409
15 208

Estimated living cost  is ₽26935 per week

₽16751
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2729
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽6994
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽9375
₽11008
₽14935
₽25491
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
80 000
social contributions
-
-
-
23 360
health
-
-
-
10 800
income
-
-
-
6 876
solidarity contribution
-
-
-
-
total
-
-
-
41 036
Employee
43 513
-
59 701
-
income
5 222
-
7 164
-
solidarity contribution
-
-
-
-
social contributions
2 828
-
3 881
-
health
5 874
-
8 060
-
total
13 924
-
19 105
-
Employer
43 513
-
59 701
-
health
3 916
-
5 373
-
social contributions
10 878
-
14 925
-
total
14 794
-
20 298
-
Corporate
21 693
80 000
-
-
income
4 122
15 200
-
-
total
4 122
15 200
-
-
Dividends
17 571
64 800
-
-
withholding
2 636
9 720
-
-
total
2 636
9 720
-
-
Income
80 000
80 000
80 000
80 000
Total tax
35 476
24 920
39 403
41 036
After tax
44 524
55 080
40 597
38 964
Living cost
29 589
29 589
29 589
29 589
Free-cash
14 935
25 491
11 008
9 375

Estimated living cost  is ₽29589 per week

₽22004
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1639
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽512
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5434
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽10828
-₽4781
₽12893
₽13390
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
80 000
chamber of commerce
-
-
-
321
unemployment
-
-
-
6 133
health
-
-
-
6 119
income
-
-
-
9 899
surtax
-
-
-
-
pensions
-
-
-
14 800
total
-
-
-
37 272
Employee
43 708
39 847
62 120
-
income
3 894
2 939
9 172
-
pensions
4 476
4 080
6 360
-
unemployment
1 311
1 195
1 863
-
health
1 691
1 543
2 404
-
other
436
398
620
-
total
11 808
10 155
20 419
-
Employer
43 708
39 847
62 120
-
pensions
5 486
5 002
7 797
-
other
2 076
1 892
2 951
-
accident
567
518
808
-
health
1 653
1 507
2 349
-
payroll
1 311
1 195
1 863
-
chamber of commerce
175
159
249
-
unemployment
1 311
1 195
1 863
-
surtax
-
-
-
-
total
12 579
11 468
17 880
-
Corporate
23 714
28 685
58 325
-
income

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

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

5 928
7 171
14 582
-
total
5 928
7 171
14 582
-
Dividends
17 786
21 514
-
-
withholding
4 892
5 916
-
-
total
4 892
5 916
-
-
Income
80 000
80 000
80 000
80 000
Total tax
35 207
34 710
52 881
37 272
After tax
44 793
45 290
27 119
42 728
Living cost
31 900
31 900
31 900
31 900
Free-cash
12 893
13 390
-4 781
10 828

Estimated living cost  is ₽31900 per week

₽19136
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3258
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽569
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8937
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽65159
₽49959
₽59325
₽61959
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
80 000
microenterprise

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

-
-
-
800
total
-
-
-
800
Employee
17 552
-
80 000
-
income
3 511
-
16 000
-
total
3 511
-
16 000
-
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%.

62 448
80 000
-
-
total
-
-
-
-
Dividends
62 448
80 000
-
-
withholding
3 123
4 000
-
-
total
3 123
4 000
-
-
Income
80 000
80 000
80 000
80 000
Total tax
6 634
4 000
16 000
800
After tax
73 366
76 000
64 000
79 200
Living cost
14 041
14 041
14 041
14 041
Free-cash
59 325
61 959
49 959
65 159

Estimated living cost  is ₽14041 per week

₽9502
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽589
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.
₽3479
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽15447
₽13155
₽19895
₽28259
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
80 000
unemployment
-
-
-
120
health
-
-
-
7 871
income
-
-
-
15 132
pensions
-
-
-
14 611
total
-
-
-
37 734
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.

44 215
-
69 222
-
income
7 625
-
13 951
-
pensions
6 854
-
10 730
-
unemployment
63
-
97
-
health
2 856
-
4 470
-
total
17 398
-
29 248
-
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.

44 215
-
69 222
-
pensions
3 913
-
6 127
-
health
2 945
-
4 609
-
unemployment
27
-
42
-
total
6 885
-
10 778
-
Corporate
28 901
80 000
-
-
income
5 491
15 201
-
-
total
5 491
15 201
-
-
Dividends
23 409
64 799
-
-
withholding
3 512
9 721
-
-
total
3 512
9 721
-
-
Income
80 000
80 000
80 000
80 000
Total tax
33 286
24 922
40 026
37 734
After tax
46 714
55 078
39 974
42 266
Living cost
26 819
26 819
26 819
26 819
Free-cash
19 895
28 259
13 155
15 447

Estimated living cost  is ₽26819 per week

₽18406
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1719
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽520
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6176
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽12246
₽23838
-₽68730
₽5632
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
80 000
social contributions
-
-
-
9 120
income
-
-
-
15 594
total
-
-
-
24 714
Employee
61 714
-
-
-
income
13 613
-
-
-
social contributions
5 061
-
721
-
total
18 674
-
721
-
Employer
61 714
-
-
-
social contributions
87 016
-
12 401
-
total
87 016
-
12 401
-
Corporate
-
80 000
-
-
income
-
17 600
-
-
total
-
17 600
-
-
Dividends
-
62 400
-
-
income
-
13 728
-
-
total
-
13 728
-
-
Income
80 000
80 000
80 000
80 000
Total tax
105 690
31 328
13 122
24 714
After tax
-25 690
48 672
66 878
55 286
Living cost
43 040
43 040
43 040
43 040
Free-cash
-68 730
5 632
23 838
12 246

Estimated living cost  is ₽43040 per week

₽27926
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4048
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽548
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10517
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽13920
₽10593
₽13133
₽14141
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
80 000
social contributions

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

-
-
-
27 800
income
-
-
-
6 917
surtax
-
-
-
-
total
-
-
-
34 717
Employee
45 987
-
64 646
-
income
9 565
-
15 580
-
social contributions
5 059
-
7 112
-
surtax
-
-
-
-
total
14 624
-
22 692
-
Employer
45 987
-
64 646
-
social contributions
10 922
-
15 352
-
total
10 922
-
15 352
-
Corporate
23 091
80 000
-
-
surtax
-
-
-
-
income
4 850
16 800
-
-
total
4 850
16 800
-
-
Dividends
18 241
63 200
-
-
withholding
5 108
17 696
-
-
total
5 108
17 696
-
-
Income
80 000
80 000
80 000
80 000
Total tax
35 504
34 496
38 044
34 717
After tax
44 496
45 504
41 956
45 283
Living cost
31 363
31 363
31 363
31 363
Free-cash
13 133
14 141
10 593
13 920

Estimated living cost  is ₽31363 per week

₽23466
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1850
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽524
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5524
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽1771
-₽996
-₽2183
-₽7976
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
80 000
other
-
-
-
2 480
social contributions
-
-
-
2 279
health
-
-
-
691
income
-
-
-
4 601
surtax
-
-
-
-
pensions
-
-
-
23 427
total
-
-
-
33 478
Employee
62 625
-
60 965
-
income
5 464
-
5 033
-
pensions
7 083
-
6 895
-
social contributions
1 784
-
1 738
-
surtax
-
-
-
-
total
14 331
-
13 666
-
Employer
62 625
-
60 965
-
pensions
10 290
-
10 017
-
other
2 161
-
2 102
-
health
4 383
-
4 267
-
unemployment
2 537
-
2 469
-
social contributions
188
-
182
-
total
19 559
-
19 037
-
Corporate
-
80 000
-
-
surtax
-
-
-
-
income
-
22 400
-
-
total
-
22 400
-
-
Dividends
-
57 600
-
-
surtax
-
-
-
-
social contributions
-
9 909
-
-
withholding
-
7 374
-
-
total
-
17 283
-
-
Income
80 000
80 000
80 000
80 000
Total tax
33 890
39 683
32 703
33 478
After tax
46 110
40 317
47 297
46 522
Living cost
48 293
48 293
48 293
48 293
Free-cash
-2 183
-7 976
-996
-1 771

Estimated living cost  is ₽48293 per week

₽32684
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3951
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽662
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10996
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽31503
₽33743
₽38586
₽41944
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
80 000
social contributions
-
-
-
17 599
income
-
-
-
842
total
-
-
-
18 441
Employee
32 145
-
69 264
-
social contributions
2 089
-
4 503
-
income
-
-
962
-
total
2 089
-
5 465
-
Employer
32 145
-
69 264
-
social contributions
4 983
-
10 736
-
total
4 983
-
10 736
-
Corporate
42 872
80 000
-
-
income
4 286
8 000
-
-
total
4 286
8 000
-
-
Dividends
38 586
72 000
-
-
total
-
-
-
-
Income
80 000
80 000
80 000
80 000
Total tax
11 358
8 000
16 201
18 441
After tax
68 642
72 000
63 799
61 559
Living cost
30 056
30 056
30 056
30 056
Free-cash
38 586
41 944
33 743
31 503

Estimated living cost  is ₽30056 per week

₽19434
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2266
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.
₽7791
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽2307
-₽137924
-₽137924
-₽137924
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
80 000
municipal
-
-
-
14 146
national
-
-
-
8 179
labour market
-
-
-
6 331
pensions
-
-
-
867
total
-
-
-
29 523
Employee
203 314
203 314
203 314
-
labour market
16 242
16 242
16 242
-
pensions
289
289
289
-
national
24 839
24 839
24 839
-
municipal
43 295
43 295
43 295
-
total
84 665
84 665
84 665
-
Employer
203 314
203 314
203 314
-
pensions
578
578
578
-
municipal
43 364
43 364
43 364
-
national
24 882
24 882
24 882
-
labour market
16 265
16 265
16 265
-
total
85 089
85 089
85 089
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
80 000
80 000
80 000
80 000
Total tax
169 754
169 754
169 754
29 523
After tax
-89 754
-89 754
-89 754
50 477
Living cost
48 170
48 170
48 170
48 170
Free-cash
-137 924
-137 924
-137 924
2 307

Estimated living cost  is ₽48170 per week

₽32968
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4261
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽741
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10200
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽33441
₽18686
₽3169
-₽15111
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
80 000
other
-
-
-
369
accident
-
-
-
252
health
-
-
-
2 172
income
-
-
-
18 030
pensions
-
-
-
4 145
total
-
-
-
24 968
Employee
33 964
-
66 456
-
income
4 659
-
11 087
-
pensions
3 825
-
7 483
-
health
3 889
-
7 609
-
total
12 373
-
26 179
-
Employer
33 964
-
66 456
-
pensions
5 522
-
10 806
-
accident
567
-
1 110
-
unemployment
832
-
1 628
-
total
6 921
-
13 544
-
Corporate
39 115
80 000
-
-
income

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

35 203
72 000
-
-
total
35 203
72 000
-
-
Dividends
3 911
8 000
-
-
withholding
743
1 520
-
-
total
743
1 520
-
-
Income
80 000
80 000
80 000
80 000
Total tax
55 240
73 520
39 723
24 968
After tax
24 760
6 480
40 277
55 032
Living cost
21 591
21 591
21 591
21 591
Free-cash
3 169
-15 111
18 686
33 441

Estimated living cost  is ₽21591 per week

₽15716
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1231
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽405
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4239
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽20523
₽8834
₽12090
₽16096
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
80 000
municipal
-
-
-
14 254
health
-
-
-
814
national
-
-
-
6 021
total
-
-
-
21 089
Employee
52 606
-
67 300
-
pensions
3 550
-
4 543
-
national
869
-
2 905
-
municipal
8 616
-
11 003
-
unemployment
789
-
1 009
-
health
393
-
619
-
total
14 217
-
20 079
-
Employer
52 606
-
67 300
-
pensions
9 127
-
11 677
-
accident
53
-
66
-
health
404
-
518
-
unemployment
342
-
438
-
total
9 926
-
12 699
-
Corporate
17 468
80 000
-
-
income
3 493
16 000
-
-
total
3 493
16 000
-
-
Dividends

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

10 481
48 000
-
-
municipal
1 886
8 639
-
-
national
-
877
-
-
total
1 886
9 516
-
-
Income
80 000
80 000
80 000
80 000
Total tax
29 522
25 516
32 778
21 089
After tax
50 478
54 484
47 222
58 911
Living cost
38 388
38 388
38 388
38 388
Free-cash
12 090
16 096
8 834
20 523

Estimated living cost  is ₽38388 per week

₽25075
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3692
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽611
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9011
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽36017
₽34971
₽30082
₽34241
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
80 000
social contributions
-
-
-
12 480
health
-
-
-
2 040
income
-
-
-
6 313
total
-
-
-
20 833
Employee
76 887
76 887
76 887
-
income
8 372
7 117
7 245
-
social contributions
2 907
6 381
6 028
-
health
596
1 307
1 235
-
total
11 875
14 805
14 508
-
Employer
76 887
76 887
76 887
-
health
647
1 423
1 343
-
social contributions
2 907
6 381
6 028
-
total
3 554
7 804
7 371
-
Corporate
41 421
-
-
-
income
5 178
-
-
-
total
5 178
-
-
-
Dividends
36 243
-
-
-
withholding
6 161
-
-
-
total
6 161
-
-
-
Income
80 000
80 000
80 000
80 000
Total tax
26 768
22 609
21 879
20 833
After tax
53 232
57 391
58 121
59 167
Living cost
23 150
23 150
23 150
23 150
Free-cash
30 082
34 241
34 971
36 017

Estimated living cost  is ₽23150 per week

₽13874
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2271
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽512
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6493
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽46774
₽33539
₽45286
₽50372
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
80 000
unemployment
-
-
-
28
health
-
-
-
3 618
income
-
-
-
7 345
pensions
-
-
-
6 360
total
-
-
-
17 351
Employee

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

22 951
-
72 530
-
income
1 569
-
5 710
-
pensions
3 442
-
10 880
-
unemployment
114
-
362
-
health
1 951
-
6 165
-
total
7 076
-
23 117
-
Employer

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

22 951
-
72 530
-
pensions
1 262
-
3 988
-
health
987
-
3 119
-
unemployment
114
-
362
-
total
2 363
-
7 469
-
Corporate
54 687
80 000
-
-
income
4 922
7 201
-
-
total
4 922
7 201
-
-
Dividends
49 765
72 799
-
-
withholding
4 478
6 552
-
-
total
4 478
6 552
-
-
Income
80 000
80 000
80 000
80 000
Total tax
18 839
13 753
30 586
17 351
After tax
61 161
66 247
49 414
62 649
Living cost
15 875
15 875
15 875
15 875
Free-cash
45 286
50 372
33 539
46 774

Estimated living cost  is ₽15875 per week

₽10129
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1144
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽472
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4129
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽15185
₽15751
₽21206
₽26451
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
80 000
other
-
-
-
80
unemployment
-
-
-
560
accident
-
-
-
719
income
-
-
-
13 319
pensions
-
-
-
22 641
total
-
-
-
37 319
Employee
36 972
-
60 661
-
income
7 128
-
13 560
-
pensions
1 738
-
2 852
-
unemployment
573
-
941
-
other
36
-
61
-
total
9 475
-
17 414
-
Employer
36 972
-
60 661
-
pensions
8 725
-
14 316
-
other
296
-
486
-
accident
732
-
1 201
-
unemployment
2 034
-
3 336
-
total
11 787
-
19 339
-
Corporate
31 241
80 000
-
-
income

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

4 687
12 000
-
-
total
4 687
12 000
-
-
Dividends
26 554
68 000
-
-
withholding
5 349
14 053
-
-
total
5 349
14 053
-
-
Income
80 000
80 000
80 000
80 000
Total tax
31 298
26 053
36 753
37 319
After tax
48 702
53 947
43 247
42 681
Living cost
27 496
27 496
27 496
27 496
Free-cash
21 206
26 451
15 751
15 185

Estimated living cost  is ₽27496 per week

₽18559
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2643
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽482
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5812
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47654
₽47458
₽46732
₽47182
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
80 000
health
-
-
-
1 448
income
-
-
-
26 163
pensions
-
-
-
1 997
total
-
-
-
29 608
Employee
4 171
-
77 753
-
income
807
-
26 058
-
pensions
375
-
899
-
unemployment
42
-
100
-
health
209
-
499
-
total
1 433
-
27 556
-
Employer
4 171
-
77 753
-
pensions
459
-
1 099
-
health
396
-
949
-
unemployment
83
-
200
-
total
938
-
2 248
-
Corporate
74 891
80 000
-
-
income
16 476
17 600
-
-
total
16 476
17 600
-
-
Dividends
58 415
62 400
-
-
withholding
11 683
12 480
-
-
total
11 683
12 480
-
-
Income
80 000
80 000
80 000
80 000
Total tax
30 530
30 080
29 804
29 608
After tax
49 470
49 920
50 196
50 392
Living cost
2 738
2 738
2 738
2 738
Free-cash
46 732
47 182
47 458
47 654

Estimated living cost  is ₽2738 per week

₽1627
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽222
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.
₽826
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽22611
₽24097
₽35587
₽40507
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
80 000
unemployment
-
-
-
1 108
health
-
-
-
7 612
income
-
-
-
12 162
pensions
-
-
-
19 214
total
-
-
-
40 096
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.

26 076
-
67 854
-
income
3 594
-
12 962
-
pensions
3 651
-
9 500
-
unemployment
196
-
509
-
health
1 343
-
3 494
-
total
8 784
-
26 465
-
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.

26 076
-
67 854
-
pensions
3 129
-
8 142
-
health
1 343
-
3 494
-
unemployment
196
-
509
-
total
4 668
-
12 145
-
Corporate
49 256
80 000
-
-
income
7 388
12 000
-
-
total
7 388
12 000
-
-
Dividends
41 868
68 000
-
-
withholding
6 280
10 200
-
-
total
6 280
10 200
-
-
Income
80 000
80 000
80 000
80 000
Total tax
27 120
22 200
38 610
40 096
After tax
52 880
57 800
41 390
39 904
Living cost
17 293
17 293
17 293
17 293
Free-cash
35 587
40 507
24 097
22 611

Estimated living cost  is ₽17293 per week

₽11643
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1338
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.
₽3811
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽18327
₽15000
₽18187
₽18548
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
80 000
social contributions

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

-
-
-
27 800
income
-
-
-
6 917
surtax
-
-
-
-
total
-
-
-
34 717
Employee
38 808
-
64 646
-
income
7 583
-
15 580
-
social contributions
4 269
-
7 112
-
surtax
-
-
-
-
total
11 852
-
22 692
-
Employer
38 808
-
64 646
-
social contributions
9 216
-
15 352
-
total
9 216
-
15 352
-
Corporate
31 976
80 000
-
-
surtax
-
-
-
-
income
6 715
16 800
-
-
total
6 715
16 800
-
-
Dividends
25 261
63 200
-
-
withholding
7 074
17 696
-
-
total
7 074
17 696
-
-
Income
80 000
80 000
80 000
80 000
Total tax
34 857
34 496
38 044
34 717
After tax
45 143
45 504
41 956
45 283
Living cost
26 956
26 956
26 956
26 956
Free-cash
18 187
18 548
15 000
18 327

Estimated living cost  is ₽26956 per week

₽19092
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1873
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽478
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5514
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽7541
₽8107
₽11182
₽18807
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
80 000
other
-
-
-
80
unemployment
-
-
-
560
accident
-
-
-
719
income
-
-
-
13 319
pensions
-
-
-
22 641
total
-
-
-
37 319
Employee
48 290
-
60 661
-
income
10 086
-
13 560
-
pensions
2 269
-
2 852
-
unemployment
748
-
941
-
other
47
-
61
-
total
13 150
-
17 414
-
Employer
48 290
-
60 661
-
pensions
11 396
-
14 316
-
other
387
-
486
-
accident
956
-
1 201
-
unemployment
2 656
-
3 336
-
total
15 395
-
19 339
-
Corporate
16 314
80 000
-
-
income

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

2 448
12 000
-
-
total
2 448
12 000
-
-
Dividends
13 866
68 000
-
-
withholding
2 685
14 053
-
-
total
2 685
14 053
-
-
Income
80 000
80 000
80 000
80 000
Total tax
33 678
26 053
36 753
37 319
After tax
46 322
53 947
43 247
42 681
Living cost
35 140
35 140
35 140
35 140
Free-cash
11 182
18 807
8 107
7 541

Estimated living cost  is ₽35140 per week

₽25236
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2732
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽495
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6677
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽41479
₽43581
₽45110
₽51203
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
80 000
unemployment
-
-
-
140
health
-
-
-
4 016
income
-
-
-
12 000
pensions

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

-
-
-
5 168
total
-
-
-
21 324
Employee
22 772
-
73 149
-
income
2 278
-
7 315
-
pensions

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

1 999
-
3 066
-
health
1 048
-
1 606
-
accident

We are using the highest rate at 1.1%.

250
-
384
-
total
5 575
-
12 371
-
Employer
22 772
-
73 149
-
pensions

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

2 509
-
3 848
-
accident

We are using the highest rate at 1.1%.

250
-
384
-
health
1 571
-
2 409
-
unemployment
137
-
210
-
total
4 467
-
6 851
-
Corporate
52 760
80 000
-
-
income
5 276
8 000
-
-
total
5 276
8 000
-
-
Dividends
47 484
72 000
-
-
withholding
2 375
3 600
-
-
total
2 375
3 600
-
-
Income
80 000
80 000
80 000
80 000
Total tax
17 693
11 600
19 222
21 324
After tax
62 307
68 400
60 778
58 676
Living cost
17 197
17 197
17 197
17 197
Free-cash
45 110
51 203
43 581
41 479

Estimated living cost  is ₽17197 per week

₽11374
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽985
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽410
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4429
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽15536
₽20344
₽15806
₽2726
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
80 000
trade
-
-
-
4 808
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.

-
-
-
6 831
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.

-
-
-
13 480
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.

-
-
-
742
total
-
-
-
25 861
Employee

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

49 751
-
80 000
-
surtax

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

226
-
742
-
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.

4 091
-
13 480
-
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.

6 831
-
6 831
-
total
11 148
-
21 053
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
30 249
80 000
-
-
trade
4 341
11 480
-
-
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.

250
660
-
-
income
4 537
12 000
-
-
chamber of commerce
195
269
-
-
total
9 323
24 409
-
-
Dividends
20 925
55 591
-
-
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.

268
744
-
-
withholding
4 852
13 518
-
-
total
5 120
14 262
-
-
Income
80 000
80 000
80 000
80 000
Total tax
25 591
38 671
21 053
25 861
After tax
54 409
41 329
58 947
54 139
Living cost
38 603
38 603
38 603
38 603
Free-cash
15 806
2 726
20 344
15 536

Estimated living cost  is ₽38603 per week

₽26629
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4154
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽560
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7260
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽876
₽876
₽1248
-₽958
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
80 000
social contributions
-
-
-
6 692
income
-
-
-
15 474
total
-
-
-
22 166
Employee
78 213
-
80 000
-
social contributions
6 498
-
6 692
-
income
14 759
-
15 474
-
total
21 257
-
22 166
-
Employer
78 213
-
80 000
-
total
-
-
-
-
Corporate
1 787
80 000
-
-
income
224
10 000
-
-
total
224
10 000
-
-
Dividends
1 563
70 000
-
-
withholding
313
14 000
-
-
total
313
14 000
-
-
Income
80 000
80 000
80 000
80 000
Total tax
21 794
24 000
22 166
22 166
After tax
58 206
56 000
57 834
57 834
Living cost
56 958
56 958
56 958
56 958
Free-cash
1 248
-958
876
876

Estimated living cost  is ₽56958 per week

₽43333
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4641
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽545
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8440
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽8567
₽22148
₽16213
₽10422
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
80 000
health

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

-
-
-
6 675
income
-
-
-
28 462
total
-
-
-
35 137
Employee
45 869
-
75 401
-
social contributions
4 596
-
4 599
-
income
4 977
-
12 358
-
total
9 573
-
16 957
-
Employer
45 869
-
75 401
-
social contributions
4 596
-
4 599
-
total
4 596
-
4 599
-
Corporate
29 535
80 000
-
-
income
10 337
27 999
-
-
total
10 337
27 999
-
-
Dividends
19 198
52 001
-
-
social contributions
2 985
5 283
-
-
total
2 985
5 283
-
-
Income
80 000
80 000
80 000
80 000
Total tax
27 491
33 282
21 556
35 137
After tax
52 509
46 718
58 444
44 863
Living cost
36 296
36 296
36 296
36 296
Free-cash
16 213
10 422
22 148
8 567

Estimated living cost  is ₽36296 per week

₽23908
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2861
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽556
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8969
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽22231
₽13417
₽16914
₽22588
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
80 000
income
-
-
-
14 896
pensions
-
-
-
5 521
total
-
-
-
20 417
Employee
51 271
-
70 783
-
income
9 337
-
12 692
-
pensions
3 913
-
6 254
-
health
669
-
1 070
-
total
13 919
-
20 016
-
Employer
51 271
-
70 783
-
pensions
5 180
-
7 871
-
health
974
-
1 344
-
total
6 154
-
9 215
-
Corporate
22 574
80 000
-
-
income

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

4 290
15 199
-
-
total
4 290
15 199
-
-
Dividends
18 284
64 801
-
-
withholding
1 371
4 861
-
-
total
1 371
4 861
-
-
Income
80 000
80 000
80 000
80 000
Total tax
25 734
20 060
29 231
20 417
After tax
54 266
59 940
50 769
59 583
Living cost
37 352
37 352
37 352
37 352
Free-cash
16 914
22 588
13 417
22 231

Estimated living cost  is ₽37352 per week

₽25623
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3435
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽467
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7824
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽31304
₽16549
₽2841
-₽17248
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
80 000
other
-
-
-
369
accident
-
-
-
252
health
-
-
-
2 172
income
-
-
-
18 030
pensions
-
-
-
4 145
total
-
-
-
24 968
Employee
37 325
-
66 456
-
income
5 121
-
11 087
-
pensions
4 203
-
7 483
-
health
4 274
-
7 609
-
total
13 598
-
26 179
-
Employer
37 325
-
66 456
-
pensions
6 069
-
10 806
-
accident
623
-
1 110
-
unemployment
914
-
1 628
-
total
7 606
-
13 544
-
Corporate
35 068
80 000
-
-
income

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

31 561
72 000
-
-
total
31 561
72 000
-
-
Dividends
3 507
8 000
-
-
withholding
666
1 520
-
-
total
666
1 520
-
-
Income
80 000
80 000
80 000
80 000
Total tax
53 431
73 520
39 723
24 968
After tax
26 569
6 480
40 277
55 032
Living cost
23 728
23 728
23 728
23 728
Free-cash
2 841
-17 248
16 549
31 304

Estimated living cost  is ₽23728 per week

₽17414
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1383
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽478
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4454
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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

Close
Skopje , Macedonia
₽32762
₽32783
₽49639
₽54499
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
80 000
work injury
-
-
-
400
unemployment
-
-
-
960
income
-
-
-
11 737
health insurance
-
-
-
5 920
pensions
-
-
-
14 720
total
-
-
-
33 737
Employee

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

21 601
-
80 000
-
income
2 160
-
11 737
-
work injury
108
-
400
-
pensions
3 975
-
14 706
-
unemployment
259
-
959
-
health insurance
1 598
-
5 914
-
total
8 100
-
33 716
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
58 399
80 000
-
-
income

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

-
-
-
-
total
-
-
-
-
Dividends
58 399
80 000
-
-
withholding
8 760
12 000
-
-
total
8 760
12 000
-
-
Income
80 000
80 000
80 000
80 000
Total tax
16 860
12 000
33 716
33 737
After tax
63 140
68 000
46 284
46 263
Living cost
13 501
13 501
13 501
13 501
Free-cash
49 639
54 499
32 783
32 762

Estimated living cost  is ₽13501 per week

₽8364
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽981
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽421
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3735
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽2045
-₽1625
-₽4258
₽2304
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
80 000
social contributions
-
-
-
20 576
municipal
-
-
-
535
national
-
-
-
15 599
regional
-
-
-
1 412
total
-
-
-
38 122
Employee
84 257
-
80 000
-
national
14 239
-
13 178
-
social contributions
28 411
-
26 976
-
municipal
503
-
476
-
regional
1 272
-
1 162
-
total
44 425
-
41 792
-
Employer
84 257
-
80 000
-
total
-
-
-
-
Corporate
-
80 000
-
-
nationa
-
19 201
-
-
municipal
-
3 856
-
-
total
-
23 057
-
-
Dividends
-
56 944
-
-
withholding
-
14 806
-
-
total
-
14 806
-
-
Income
80 000
80 000
80 000
80 000
Total tax
44 425
37 863
41 792
38 122
After tax
35 575
42 137
38 208
41 878
Living cost
39 833
39 833
39 833
39 833
Free-cash
-4 258
2 304
-1 625
2 045

Estimated living cost  is ₽39833 per week

₽27980
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2740
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.
₽8510
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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

Close
[[ place.name ]], [[ place.country ]]

[[ row[2] ]] [[ row[0] ]]

Estimated living cost

Adjust living cost [[ detailsButtonText ]] Source

Additional information

Source

[[ $tc('message.data_source', {city: place.name}) ]] [[ place.name ]]

Close

[[ row[2] ]] [[ row[0] ]]

Estimated living cost

Adjust living cost [[ detailsButtonText ]] Source

Additional information

Source

[[ $tc('message.data_source', {city: place.name}) ]] [[ place.name ]]

Close