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
₽ 80500
per

Your estimated
City
free-cash

Dresden , Germany
₽29472
₽11145
₽23952
₽21956
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
80 500
health

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

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

-
-
-
6 678
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.

-
-
-
13 974
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.

-
-
-
768
trade
-
-
-
5 520
total
-
-
-
26 940
Employee

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

37 387
-
80 500
-
surtax

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

58
-
768
-
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.

1 044
-
13 974
-
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.

6 678
-
6 678
-
total
7 780
-
21 420
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
43 113
80 500
-
-
chamber of commerce
210
263
-
-
surtax

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

356
664
-
-
trade
6 791
12 679
-
-
income
6 466
12 074
-
-
total
13 823
25 680
-
-
Dividends
29 289
54 820
-
-
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.

382
733
-
-
withholding
6 951
13 334
-
-
total
7 333
14 067
-
-
Income
80 500
80 500
80 500
80 500
Total tax
28 936
39 747
21 420
26 940
After tax
51 564
40 753
59 080
53 560
Living cost
29 608
29 608
29 608
29 608
Free-cash
21 956
11 145
29 472
23 952

Estimated living cost  is ₽29608 per week

₽18624
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3452
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽553
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6978
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽1567
-₽1233
-₽2198
-₽6520
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
80 500
social contributions
-
-
-
865
pensions
-
-
-
9 660
national
-
-
-
12 586
municipal
-
-
-
8 122
total
-
-
-
31 233
Employee
79 780
-
69 592
-
municipal
9 854
-
8 434
-
national
15 270
-
13 069
-
pensions
3 191
-
2 784
-
total
28 315
-
24 287
-
Employer
79 780
-
69 592
-
pensions
6 382
-
5 567
-
social contributions
858
-
748
-
total
7 240
-
6 315
-
Corporate
-
80 500
-
-
income

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

-
16 100
-
-
total
-
16 100
-
-
Dividends
-
64 400
-
-
withholding
-
14 168
-
-
total
-
14 168
-
-
Income
80 500
80 500
80 500
80 500
Total tax
35 555
30 268
30 602
31 233
After tax
44 945
50 232
49 898
49 267
Living cost
51 465
51 465
51 465
51 465
Free-cash
-6 520
-1 233
-1 567
-2 198

Estimated living cost  is ₽51465 per week

₽34980
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4784
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽770
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10930
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽25234
₽44065
₽22834
₽36045
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
80 500
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.

-
-
-
25 881
income
-
-
-
11 449
surtax
-
-
-
-
microenterprise
-
-
-
-
total
-
-
-
37 330
Employee
28 563
-
64 872
-
surtax
-
-
-
-
social contributions

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

3 142
-
7 136
-
income
5 085
-
12 166
-
total
8 227
-
19 302
-
Employer
28 563
-
64 872
-
surtax
-
-
-
-
social contributions

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

6 880
-
15 628
-
total
6 880
-
15 628
-
Corporate
45 057
80 500
-
-
income

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

9 012
16 099
-
-
total
9 012
16 099
-
-
Dividends

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

36 045
64 401
-
-
total
-
-
-
-
Income
80 500
80 500
80 500
80 500
Total tax
24 119
16 099
34 930
37 330
After tax
56 381
64 401
45 570
43 170
Living cost
20 336
20 336
20 336
20 336
Free-cash
36 045
44 065
25 234
22 834

Estimated living cost  is ₽20336 per week

₽12974
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1937
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽462
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4964
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽16566
-₽11080
₽4839
-₽16566
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
80 500
health
-
-
-
10 729
income
-
-
-
12 530
pensions
-
-
-
11 453
total
-
-
-
34 712
Employee
83 474
83 474
83 474
-
income

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

13 663
13 663
13 663
-
pensions
15 025
11 453
15 025
-
health
12 812
10 898
12 812
-
total
41 500
36 014
41 500
-
Employer
83 474
83 474
83 474
-
unemployment
3 005
3 005
3 005
-
health
5 802
5 802
5 802
-
pensions
5 810
5 810
5 810
-
total
14 617
14 617
14 617
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
80 500
80 500
80 500
80 500
Total tax
56 117
50 631
56 117
34 712
After tax
24 383
29 869
24 383
45 788
Living cost
40 949
40 949
40 949
40 949
Free-cash
-16 566
-11 080
-16 566
4 839

Estimated living cost  is ₽40949 per week

₽29019
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3691
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽651
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7587
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽2425
₽3389
-₽436
₽2478
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
80 500
other
-
-
-
9 354
health
-
-
-
5 023
accident
-
-
-
161
pensions
-
-
-
8 702
national
-
-
-
-
unemployment
-
-
-
81
municipal
-
-
-
17 051
total
-
-
-
40 372
Employee
57 800
-
61 254
-
municipal
17 236
-
18 266
-
national
-
-
-
-
total
17 236
-
18 266
-
Employer
57 800
-
61 254
-
other
6 716
-
7 118
-
unemployment
1 526
-
1 617
-
health
3 555
-
3 767
-
accident
116
-
122
-
pensions
6 248
-
6 621
-
total
18 161
-
19 245
-
Corporate
4 539
80 500
-
-
income
999
17 710
-
-
total
999
17 710
-
-
Dividends
3 541
62 790
-
-
withholding
1 062
18 837
-
-
total
1 062
18 837
-
-
Income
80 500
80 500
80 500
80 500
Total tax
37 458
36 547
37 511
40 372
After tax
43 042
43 953
42 989
40 128
Living cost
40 564
40 564
40 564
40 564
Free-cash
2 478
3 389
2 425
-436

Estimated living cost  is ₽40564 per week

₽26884
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3980
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽616
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9083
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽20680
₽1938
₽14915
₽15671
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
80 500
health

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

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

-
-
-
6 678
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.

-
-
-
13 974
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.

-
-
-
768
trade
-
-
-
5 765
total
-
-
-
27 185
Employee

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

49 571
-
80 500
-
surtax

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

234
-
768
-
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.

4 259
-
13 974
-
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.

6 678
-
6 678
-
total
11 171
-
21 420
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
30 929
80 500
-
-
chamber of commerce
193
263
-
-
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.

256
664
-
-
trade
5 088
13 243
-
-
income
4 639
12 074
-
-
total
10 176
26 244
-
-
Dividends
20 753
54 256
-
-
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.

265
725
-
-
withholding
4 817
13 193
-
-
total
5 082
13 918
-
-
Income
80 500
80 500
80 500
80 500
Total tax
26 429
40 162
21 420
27 185
After tax
54 071
40 338
59 080
53 315
Living cost
38 400
38 400
38 400
38 400
Free-cash
15 671
1 938
20 680
14 915

Estimated living cost  is ₽38400 per week

₽25682
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4049
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽573
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8095
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽27049
₽26692
₽27543
₽23266
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
80 500
social contributions
-
-
-
12 558
health
-
-
-
2 053
income
-
-
-
6 641
total
-
-
-
21 252
Employee
75 165
75 165
75 165
-
social contributions
3 652
6 238
6 066
-
income
7 893
6 958
7 019
-
health
748
1 278
1 243
-
total
12 293
14 474
14 328
-
Employer
75 165
75 165
75 165
-
health
814
1 391
1 352
-
social contributions
3 652
6 238
6 066
-
total
4 466
7 629
7 418
-
Corporate
32 035
-
-
-
income
4 005
-
-
-
total
4 005
-
-
-
Dividends
28 030
-
-
-
withholding
4 765
-
-
-
total
4 765
-
-
-
Income
80 500
80 500
80 500
80 500
Total tax
25 529
22 103
21 746
21 252
After tax
54 971
58 397
58 754
59 248
Living cost
31 705
31 705
31 705
31 705
Free-cash
23 266
26 692
27 049
27 543

Estimated living cost  is ₽31705 per week

₽21674
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2476
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽532
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7023
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28952
₽27696
₽38050
₽28066
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
80 500
health
-
-
-
5 635
income
-
-
-
9 841
pensions
-
-
-
8 050
unemployment
-
-
-
1 208
total
-
-
-
24 734
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.

25 574
10 178
67 364
-
income
3 126
1 244
8 235
-
pensions
2 557
1 018
6 736
-
health
1 790
712
4 715
-
unemployment
384
153
1 010
-
total
7 857
3 127
20 696
-
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.

25 574
10 178
67 364
-
pensions
4 987
1 985
13 136
-
total
4 987
1 985
13 136
-
Corporate
49 939
68 337
-
-
income
4 495
6 150
-
-
total
4 495
6 150
-
-
Dividends
45 445
62 187
-
-
social contributions
8 745
12 010
-
-
withholding
8 634
11 816
-
-
total
17 379
23 826
-
-
Income
80 500
80 500
80 500
80 500
Total tax
34 718
35 088
33 832
24 734
After tax
45 782
45 412
46 668
55 766
Living cost
17 716
17 716
17 716
17 716
Free-cash
28 066
27 696
28 952
38 050

Estimated living cost  is ₽17716 per week

₽12090
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1450
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽354
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3823
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽22792
₽40791
₽19538
₽34718
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
80 500
health
-
-
-
10 466
income
-
-
-
10 787
pensions
-
-
-
16 099
total
-
-
-
37 352
Employee
27 730
-
60 164
-
income
3 122
-
11 599
-
pensions
555
-
1 204
-
unemployment
443
-
963
-
total
4 120
-
13 766
-
Employer
27 730
-
60 164
-
unemployment
223
-
480
-
health
3 604
-
7 821
-
pensions
5 546
-
12 031
-
total
9 373
-
20 332
-
Corporate
43 397
80 500
-
-
income
8 679
16 099
-
-
total
8 679
16 099
-
-
Dividends
34 717
64 401
-
-
total
-
-
-
-
Income
80 500
80 500
80 500
80 500
Total tax
22 172
16 099
34 098
37 352
After tax
58 328
64 401
46 402
43 148
Living cost
23 610
23 610
23 610
23 610
Free-cash
34 718
40 791
22 792
19 538

Estimated living cost  is ₽23610 per week

₽16194
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1406
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽475
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5535
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽18939
-₽15033
₽33809
₽3214
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
80 500
other
-
-
-
363
health
-
-
-
2 137
accident
-
-
-
247
income
-
-
-
18 315
pensions
-
-
-
4 076
total
-
-
-
25 138
Employee
33 904
-
66 949
-
income
4 651
-
11 317
-
pensions
3 818
-
7 474
-
health
3 882
-
7 666
-
total
12 351
-
26 457
-
Employer
33 904
-
66 949
-
unemployment
831
-
1 640
-
accident
566
-
1 118
-
pensions
5 513
-
10 793
-
total
6 910
-
13 551
-
Corporate
39 687
80 500
-
-
income

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

35 718
72 450
-
-
total
35 718
72 450
-
-
Dividends
3 968
8 050
-
-
withholding
754
1 530
-
-
total
754
1 530
-
-
Income
80 500
80 500
80 500
80 500
Total tax
55 733
73 980
40 008
25 138
After tax
24 767
6 520
40 492
55 362
Living cost
21 553
21 553
21 553
21 553
Free-cash
3 214
-15 033
18 939
33 809

Estimated living cost  is ₽21553 per week

₽15796
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1194
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽450
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4113
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

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
₽56380
₽68455
₽71675
₽66951
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
80 500
microenterprise

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

-
-
-
805
total
-
-
-
805
Employee
10 024
-
80 500
-
income
2 005
-
16 100
-
total
2 005
-
16 100
-
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%.

70 476
80 500
-
-
total
-
-
-
-
Dividends
70 476
80 500
-
-
withholding
3 524
4 025
-
-
total
3 524
4 025
-
-
Income
80 500
80 500
80 500
80 500
Total tax
5 529
4 025
16 100
805
After tax
74 971
76 475
64 400
79 695
Living cost
8 020
8 020
8 020
8 020
Free-cash
66 951
68 455
56 380
71 675

Estimated living cost  is ₽8020 per week

₽4970
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽667
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽220
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2163
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽21137
₽33098
₽17545
₽26497
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
80 500
other
-
-
-
3 823
health
-
-
-
3 541
income
-
-
-
10 225
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.

-
-
-
19 320
total
-
-
-
36 909
Employee
35 492
-
64 297
-
income
6 110
-
11 069
-
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.

2 484
-
4 500
-
health
497
-
900
-
unemployment
354
-
644
-
total
9 445
-
17 113
-
Employer
35 492
-
64 297
-
other
1 775
-
3 215
-
unemployment
354
-
644
-
health
497
-
900
-
accident
284
-
514
-
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.

6 034
-
10 931
-
total
8 944
-
16 204
-
Corporate
36 063
80 500
-
-
income
7 574
16 904
-
-
total
7 574
16 904
-
-
Dividends
28 490
63 596
-
-
withholding
1 994
4 452
-
-
total
1 994
4 452
-
-
Income
80 500
80 500
80 500
80 500
Total tax
27 957
21 356
33 317
36 909
After tax
52 543
59 144
47 183
43 591
Living cost
26 046
26 046
26 046
26 046
Free-cash
26 497
33 098
21 137
17 545

Estimated living cost  is ₽26046 per week

₽18403
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1759
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽419
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5465
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽13764
-₽4392
-₽4810
-₽23600
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
80 500
income
-
-
-
14 973
pensions
-
-
-
5 630
total
-
-
-
20 603
Employee
91 551
-
71 154
-
income
16 503
-
12 736
-
health
1 509
-
1 091
-
pensions
8 832
-
6 384
-
total
26 844
-
20 211
-
Employer
91 551
-
71 154
-
health
1 739
-
1 351
-
pensions
10 810
-
7 995
-
total
12 549
-
9 346
-
Corporate
-
80 500
-
-
income

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

-
15 295
-
-
total
-
15 295
-
-
Dividends
-
65 205
-
-
withholding
-
4 890
-
-
total
-
4 890
-
-
Income
80 500
80 500
80 500
80 500
Total tax
39 393
20 185
29 557
20 603
After tax
41 107
60 315
50 943
59 897
Living cost
64 707
64 707
64 707
64 707
Free-cash
-23 600
-4 392
-13 764
-4 810

Estimated living cost  is ₽64707 per week

₽48486
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7603
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽526
Clothing and shoes. We estimate one pair of shoes and 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

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
₽48967
₽56177
₽46775
₽51695
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
80 500
health
-
-
-
3 876
income
-
-
-
12 075
pensions

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

-
-
-
4 988
unemployment
-
-
-
135
total
-
-
-
21 074
Employee
16 752
-
73 887
-
income
1 675
-
7 389
-
accident

We are using the highest rate at 1.1%.

184
-
371
-
pensions

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

1 471
-
2 959
-
health
771
-
1 550
-
total
4 101
-
12 269
-
Employer
16 752
-
73 887
-
unemployment
100
-
202
-
health
1 156
-
2 326
-
accident

We are using the highest rate at 1.1%.

184
-
371
-
pensions

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

1 846
-
3 714
-
total
3 286
-
6 613
-
Corporate
60 461
80 500
-
-
income
6 046
8 050
-
-
total
6 046
8 050
-
-
Dividends
54 415
72 450
-
-
withholding
2 721
3 622
-
-
total
2 721
3 622
-
-
Income
80 500
80 500
80 500
80 500
Total tax
16 154
11 672
18 882
21 074
After tax
64 346
68 828
61 618
59 426
Living cost
12 651
12 651
12 651
12 651
Free-cash
51 695
56 177
48 967
46 775

Estimated living cost  is ₽12651 per week

₽7386
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽903
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽335
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4027
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽29821
-₽24335
-₽8416
-₽25994
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
80 500
health
-
-
-
10 729
income
-
-
-
12 530
pensions
-
-
-
11 453
total
-
-
-
34 712
Employee
90 626
83 474
83 474
-
income

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

13 663
13 663
13 663
-
pensions
11 453
11 453
15 025
-
health
11 306
10 898
12 812
-
total
36 422
36 014
41 500
-
Employer
90 626
83 474
83 474
-
unemployment
3 263
3 005
3 005
-
health
6 298
5 802
5 802
-
pensions
6 307
5 810
5 810
-
total
15 868
14 617
14 617
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
80 500
80 500
80 500
80 500
Total tax
52 290
50 631
56 117
34 712
After tax
28 210
29 869
24 383
45 788
Living cost
54 204
54 204
54 204
54 204
Free-cash
-25 994
-24 335
-29 821
-8 416

Estimated living cost  is ₽54204 per week

₽39984
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4842
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽621
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8757
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽16827
₽31401
₽15185
₽22832
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
80 500
social contributions
-
-
-
23 506
health
-
-
-
10 867
income
-
-
-
6 919
solidarity contribution
-
-
-
-
total
-
-
-
41 292
Employee
35 329
-
60 075
-
social contributions
2 296
-
3 905
-
solidarity contribution
-
-
-
-
income
4 239
-
7 209
-
health
4 769
-
8 110
-
total
11 304
-
19 224
-
Employer
35 329
-
60 075
-
health
3 180
-
5 407
-
social contributions
8 832
-
15 019
-
total
12 012
-
20 426
-
Corporate
33 160
80 500
-
-
income
6 300
15 295
-
-
total
6 300
15 295
-
-
Dividends
26 859
65 205
-
-
withholding
4 029
9 781
-
-
total
4 029
9 781
-
-
Income
80 500
80 500
80 500
80 500
Total tax
33 645
25 076
39 650
41 292
After tax
46 855
55 424
40 850
39 208
Living cost
24 023
24 023
24 023
24 023
Free-cash
22 832
31 401
16 827
15 185

Estimated living cost  is ₽24023 per week

₽16687
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1709
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.
₽5155
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽2514
₽1704
₽1315
-₽6374
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
80 500
social contributions
-
-
-
20 705
national
-
-
-
15 895
regional
-
-
-
859
municipal
-
-
-
479
total
-
-
-
37 938
Employee
86 874
-
80 500
-
social contributions
29 294
-
27 144
-
municipal
460
-
427
-
national
15 053
-
13 449
-
regional
820
-
747
-
total
45 627
-
41 767
-
Employer
86 874
-
80 500
-
total
-
-
-
-
Corporate
-
80 500
-
-
nationa
-
19 320
-
-
municipal
-
3 139
-
-
total
-
22 459
-
-
Dividends
-
58 042
-
-
withholding
-
15 090
-
-
total
-
15 090
-
-
Income
80 500
80 500
80 500
80 500
Total tax
45 627
37 549
41 767
37 938
After tax
34 873
42 951
38 733
42 562
Living cost
41 247
41 247
41 247
41 247
Free-cash
-6 374
1 704
-2 514
1 315

Estimated living cost  is ₽41247 per week

₽28752
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2705
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽633
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9156
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽20080
₽29065
₽21615
₽26022
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
80 500
other
-
-
-
-
health
-
-
-
5 715
income
-
-
-
13 840
pensions
-
-
-
16 099
surtax
-
-
-
1 438
unemployment
-
-
-
223
total
-
-
-
37 315
Employee
32 325
-
66 500
-
surtax
106
-
1 260
-
income
5 418
-
12 833
-
other
-
-
-
-
pensions
2 155
-
4 435
-
health
825
-
1 695
-
unemployment
2 250
-
4 628
-
total
10 754
-
24 851
-
Employer
32 325
-
66 500
-
other
-
-
-
-
unemployment
1 024
-
2 107
-
health
1 471
-
3 027
-
pensions
4 309
-
8 865
-
total
6 804
-
13 999
-
Corporate
41 371
80 500
-
-
income
10 757
20 930
-
-
total
10 757
20 930
-
-
Dividends
30 614
59 570
-
-
withholding
4 593
8 935
-
-
total
4 593
8 935
-
-
Income
80 500
80 500
80 500
80 500
Total tax
32 908
29 865
38 850
37 315
After tax
47 592
50 635
41 650
43 185
Living cost
21 570
21 570
21 570
21 570
Free-cash
26 022
29 065
20 080
21 615

Estimated living cost  is ₽21570 per week

₽13189
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1990
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽497
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5893
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽6737
₽16109
₽15691
₽8495
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
80 500
income
-
-
-
14 973
pensions
-
-
-
5 630
total
-
-
-
20 603
Employee
61 355
-
71 154
-
income
11 050
-
12 736
-
health
891
-
1 091
-
pensions
5 208
-
6 384
-
total
17 149
-
20 211
-
Employer
61 355
-
71 154
-
health
1 166
-
1 351
-
pensions
6 642
-
7 995
-
total
7 808
-
9 346
-
Corporate
11 338
80 500
-
-
income

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

2 154
15 295
-
-
total
2 154
15 295
-
-
Dividends
9 184
65 205
-
-
withholding
688
4 890
-
-
total
688
4 890
-
-
Income
80 500
80 500
80 500
80 500
Total tax
27 799
20 185
29 557
20 603
After tax
52 701
60 315
50 943
59 897
Living cost
44 206
44 206
44 206
44 206
Free-cash
8 495
16 109
6 737
15 691

Estimated living cost  is ₽44206 per week

₽33119
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3313
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽462
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7311
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

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
-₽15343
-₽42171
-₽11229
-₽20734
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
80 500
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.

-
-
-
1 611
health
-
-
-
258
pensions
-
-
-
7 406
city
-
-
-
848
national
-
-
-
330
regional
-
-
-
2 294
total
-
-
-
12 747
Employee
92 429
-
72 051
-
national
437
-
275
-
city
992
-
775
-
pensions
7 765
-
6 053
-
health
209
-
162
-
regional
3 027
-
1 941
-
unemployment
-
-
-
-
total
12 430
-
9 206
-
Employer
92 429
-
72 051
-
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.

1 848
-
1 440
-
unemployment
-
-
-
-
health
209
-
162
-
pensions
7 765
-
6 053
-
total
9 822
-
7 655
-
Corporate
-
80 500
-
-
regional
-
17 026
-
-
national
-
6 842
-
-
total
-
23 868
-
-
Dividends
-
56 632
-
-
withholding
-
19 821
-
-
total
-
19 821
-
-
Income
80 500
80 500
80 500
80 500
Total tax
22 252
43 689
16 861
12 747
After tax
58 248
36 811
63 639
67 753
Living cost
78 982
78 982
78 982
78 982
Free-cash
-20 734
-42 171
-15 343
-11 229

Estimated living cost  is ₽78982 per week

₽51361
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7088
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽970
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽19563
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽14300
-₽4857
₽8288
₽10993
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
80 500
health

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

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

-
-
-
6 678
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.

-
-
-
13 974
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.

-
-
-
768
trade
-
-
-
6 012
total
-
-
-
27 432
Employee

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

58 746
-
80 500
-
surtax

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

380
-
768
-
income

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

6 908
-
13 974
-
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.

6 678
-
6 678
-
total
13 966
-
21 420
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
21 754
80 500
-
-
chamber of commerce
180
262
-
-
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.

180
664
-
-
trade
3 730
13 807
-
-
income
3 263
12 074
-
-
total
7 353
26 807
-
-
Dividends
14 401
53 694
-
-
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.

178
718
-
-
withholding
3 230
13 052
-
-
total
3 408
13 770
-
-
Income
80 500
80 500
80 500
80 500
Total tax
24 727
40 577
21 420
27 432
After tax
55 773
39 923
59 080
53 068
Living cost
44 780
44 780
44 780
44 780
Free-cash
10 993
-4 857
14 300
8 288

Estimated living cost  is ₽44780 per week

₽32705
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3582
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽582
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7911
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽13842
₽7130
₽13298
₽12902
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
80 500
other
-
-
-
2 495
social contributions
-
-
-
2 293
health
-
-
-
696
income
-
-
-
5 182
pensions
-
-
-
23 093
surtax
-
-
-
-
total
-
-
-
33 759
Employee
41 835
-
61 344
-
surtax
-
-
-
-
social contributions
1 193
-
1 747
-
income
2 469
-
5 373
-
pensions
4 730
-
6 938
-
total
8 392
-
14 058
-
Employer
41 835
-
61 344
-
other
1 443
-
2 117
-
unemployment
1 694
-
2 484
-
health
2 929
-
4 294
-
pensions
6 873
-
10 078
-
social contributions
126
-
184
-
total
13 065
-
19 157
-
Corporate
25 600
80 500
-
-
surtax
-
-
-
-
income
7 168
22 540
-
-
total
7 168
22 540
-
-
Dividends
18 432
57 960
-
-
social contributions
3 170
9 969
-
-
surtax
-
-
-
-
withholding
2 360
7 418
-
-
total
5 530
17 387
-
-
Income
80 500
80 500
80 500
80 500
Total tax
34 155
39 927
33 215
33 759
After tax
46 345
40 573
47 285
46 741
Living cost
33 443
33 443
33 443
33 443
Free-cash
12 902
7 130
13 842
13 298

Estimated living cost  is ₽33443 per week

₽21087
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2719
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.
₽9069
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽17155
₽10443
₽16611
₽15871
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
80 500
other
-
-
-
2 495
social contributions
-
-
-
2 293
health
-
-
-
696
income
-
-
-
5 182
pensions
-
-
-
23 093
surtax
-
-
-
-
total
-
-
-
33 759
Employee
37 344
-
61 344
-
surtax
-
-
-
-
social contributions
1 065
-
1 747
-
income
1 925
-
5 373
-
pensions
4 224
-
6 938
-
total
7 214
-
14 058
-
Employer
37 344
-
61 344
-
other
1 289
-
2 117
-
unemployment
1 512
-
2 484
-
health
2 614
-
4 294
-
pensions
6 136
-
10 078
-
social contributions
111
-
184
-
total
11 662
-
19 157
-
Corporate
31 494
80 500
-
-
surtax
-
-
-
-
income
8 819
22 540
-
-
total
8 819
22 540
-
-
Dividends
22 675
57 960
-
-
social contributions
3 901
9 969
-
-
surtax
-
-
-
-
withholding
2 903
7 418
-
-
total
6 804
17 387
-
-
Income
80 500
80 500
80 500
80 500
Total tax
34 499
39 927
33 215
33 759
After tax
46 001
40 573
47 285
46 741
Living cost
30 130
30 130
30 130
30 130
Free-cash
15 871
10 443
17 155
16 611

Estimated living cost  is ₽30130 per week

₽17474
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3061
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.
₽9024
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽32003
₽28384
₽30970
₽28893
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
80 500
social contributions
-
-
-
11 109
health
-
-
-
5 619
income
-
-
-
12 074
total
-
-
-
28 802
Employee
33 143
-
80 500
-
social contributions
4 574
-
11 109
-
income
5 528
-
11 041
-
health
2 313
-
5 619
-
total
12 415
-
27 769
-
Employer
33 143
-
80 500
-
total
-
-
-
-
Corporate
47 357
80 500
-
-
income

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

2 367
4 025
-
-
total
2 367
4 025
-
-
Dividends
44 990
76 475
-
-
social contributions
6 209
10 553
-
-
withholding
6 748
11 471
-
-
health
3 140
5 339
-
-
total
16 097
27 363
-
-
Income
80 500
80 500
80 500
80 500
Total tax
30 879
31 388
27 769
28 802
After tax
49 621
49 112
52 731
51 698
Living cost
20 728
20 728
20 728
20 728
Free-cash
28 893
28 384
32 003
30 970

Estimated living cost  is ₽20728 per week

₽13872
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1278
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5099
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽7470
₽10973
₽8226
₽9461
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
80 500
health
-
-
-
6 159
income
-
-
-
10 269
chamber of commerce
-
-
-
323
pensions
-
-
-
14 892
surtax
-
-
-
193
unemployment
-
-
-
5 995
total
-
-
-
37 831
Employee
48 851
38 955
62 358
-
income
5 561
2 873
9 433
-
other
488
390
623
-
pensions
5 003
3 988
6 385
-
health
1 890
1 508
2 413
-
unemployment
1 465
1 169
1 870
-
total
14 407
9 928
20 724
-
Employer
48 851
38 955
62 358
-
other
2 321
1 849
2 962
-
unemployment
1 465
1 169
1 870
-
health
1 846
1 473
2 358
-
surtax
193
193
193
-
accident
634
506
811
-
pensions
6 131
4 890
7 826
-
payroll
1 465
1 169
1 870
-
chamber of commerce
195
156
249
-
total
14 250
11 405
18 139
-
Corporate
17 399
30 141
58 652
-
income

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

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

4 350
7 535
14 664
-
total
4 350
7 535
14 664
-
Dividends
13 049
22 606
-
-
withholding
3 589
6 216
-
-
total
3 589
6 216
-
-
Income
80 500
80 500
80 500
80 500
Total tax
36 596
35 084
53 527
37 831
After tax
43 904
45 416
26 973
42 669
Living cost
34 443
34 443
34 443
34 443
Free-cash
9 461
10 973
-7 470
8 226

Estimated living cost  is ₽34443 per week

₽22972
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2938
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽566
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7967
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽3227
₽9570
₽3963
-₽9774
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
80 500
social contributions
-
-
-
11 627
communal

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

-
-
-
4 133
national
-
-
-
25 136
total
-
-
-
40 896
Employee

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

69 921
-
62 349
-
national
21 496
-
18 534
-
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.

5 244
-
4 676
-
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.

3 285
-
2 931
-
communal

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

3 647
-
3 252
-
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.

608
-
542
-
total
34 280
-
29 935
-
Employer

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

69 921
-
62 349
-
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.

1 020
-
911
-
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.

4 300
-
3 834
-
surtax
7 928
-
7 071
-
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.

909
-
811
-
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.

6 196
-
5 524
-
total
20 353
-
18 151
-
Corporate
-
80 500
-
-
surtax
-
323
-
-
income
-
16 099
-
-
total
-
16 422
-
-
Dividends
-
64 078
-
-
withholding

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

-
18 867
-
-
total
-
18 867
-
-
Income
80 500
80 500
80 500
80 500
Total tax
54 633
35 289
48 086
40 896
After tax
25 867
45 211
32 414
39 604
Living cost
35 641
35 641
35 641
35 641
Free-cash
-9 774
9 570
-3 227
3 963

Estimated living cost  is ₽35641 per week

₽22957
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3116
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽558
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9010
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽8115
₽18979
₽7548
₽11190
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
80 500
other
-
-
-
80
accident
-
-
-
725
income
-
-
-
13 501
pensions
-
-
-
22 781
unemployment
-
-
-
564
total
-
-
-
37 651
Employee
48 657
-
61 039
-
income
10 266
-
13 746
-
other
48
-
61
-
pensions
2 287
-
2 870
-
unemployment
755
-
946
-
total
13 356
-
17 623
-
Employer
48 657
-
61 039
-
other
388
-
488
-
unemployment
2 677
-
3 358
-
accident
963
-
1 209
-
pensions
11 482
-
14 406
-
total
15 510
-
19 461
-
Corporate
16 333
80 500
-
-
income

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

2 450
12 074
-
-
total
2 450
12 074
-
-
Dividends
13 883
68 426
-
-
withholding
2 693
14 146
-
-
total
2 693
14 146
-
-
Income
80 500
80 500
80 500
80 500
Total tax
34 009
26 220
37 084
37 651
After tax
46 491
54 280
43 416
42 849
Living cost
35 301
35 301
35 301
35 301
Free-cash
11 190
18 979
8 115
7 548

Estimated living cost  is ₽35301 per week

₽25996
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2504
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽508
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6292
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽1215
-₽3384
-₽5255
-₽2368
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
80 500
health
-
-
-
5 656
accident
-
-
-
679
income
-
-
-
5 154
pensions
-
-
-
12 067
communal
-
-
-
5 088
surtax
-
-
-
3 990
total
-
-
-
32 634
Employee
74 025
-
71 908
-
surtax
4 537
-
4 407
-
income
7 150
-
6 643
-
pensions
5 921
-
5 752
-
health
3 294
-
3 200
-
total
20 902
-
20 002
-
Employer
74 025
-
71 908
-
health
2 258
-
2 193
-
accident
666
-
647
-
pensions
5 921
-
5 752
-
total
8 845
-
8 592
-
Corporate
-
80 500
-
-
surtax
-
846
-
-
income
-
12 074
-
-
communal
-
5 433
-
-
total
-
18 353
-
-
Dividends
-
62 147
-
-
income
-
3 089
-
-
withholding
-
9 321
-
-
total
-
12 410
-
-
Income
80 500
80 500
80 500
80 500
Total tax
29 747
30 763
28 594
32 634
After tax
50 753
49 737
51 906
47 866
Living cost
53 121
53 121
53 121
53 121
Free-cash
-2 368
-3 384
-1 215
-5 255

Estimated living cost  is ₽53121 per week

₽39849
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3218
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽562
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9490
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽19694
₽28679
₽21229
₽25570
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
80 500
other
-
-
-
-
health
-
-
-
5 715
income
-
-
-
13 840
pensions
-
-
-
16 099
surtax
-
-
-
1 438
unemployment
-
-
-
223
total
-
-
-
37 315
Employee
32 919
-
66 500
-
surtax
117
-
1 260
-
income
5 519
-
12 833
-
other
-
-
-
-
pensions
2 196
-
4 435
-
health
840
-
1 695
-
unemployment
2 291
-
4 628
-
total
10 963
-
24 851
-
Employer
32 919
-
66 500
-
other
-
-
-
-
unemployment
1 044
-
2 107
-
health
1 497
-
3 027
-
pensions
4 389
-
8 865
-
total
6 930
-
13 999
-
Corporate
40 651
80 500
-
-
income
10 570
20 930
-
-
total
10 570
20 930
-
-
Dividends
30 081
59 570
-
-
withholding
4 511
8 935
-
-
total
4 511
8 935
-
-
Income
80 500
80 500
80 500
80 500
Total tax
32 974
29 865
38 850
37 315
After tax
47 526
50 635
41 650
43 185
Living cost
21 956
21 956
21 956
21 956
Free-cash
25 570
28 679
19 694
21 229

Estimated living cost  is ₽21956 per week

₽13256
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1909
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽510
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6283
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽12064
₽15981
₽15875
₽13809
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
80 500
social contributions
-
-
-
20 705
national
-
-
-
15 895
regional
-
-
-
1 214
municipal
-
-
-
479
total
-
-
-
38 293
Employee
54 223
-
80 500
-
social contributions
18 285
-
27 144
-
municipal
288
-
427
-
national
8 590
-
13 449
-
regional
730
-
1 084
-
total
27 893
-
42 104
-
Employer
54 223
-
80 500
-
total
-
-
-
-
Corporate
26 277
80 500
-
-
nationa
6 307
19 320
-
-
municipal
1 306
4 001
-
-
total
7 613
23 321
-
-
Dividends
18 664
57 179
-
-
withholding
4 853
14 866
-
-
total
4 853
14 866
-
-
Income
80 500
80 500
80 500
80 500
Total tax
40 359
38 187
42 104
38 293
After tax
40 141
42 313
38 396
42 207
Living cost
26 332
26 332
26 332
26 332
Free-cash
13 809
15 981
12 064
15 875

Estimated living cost  is ₽26332 per week

₽16376
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2667
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽451
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6837
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽11247
₽25821
₽9605
₽15260
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
80 500
social contributions
-
-
-
23 506
health
-
-
-
10 867
income
-
-
-
6 919
solidarity contribution
-
-
-
-
total
-
-
-
41 292
Employee
43 534
-
60 075
-
social contributions
2 830
-
3 905
-
solidarity contribution
-
-
-
-
income
5 224
-
7 209
-
health
5 877
-
8 110
-
total
13 931
-
19 224
-
Employer
43 534
-
60 075
-
health
3 918
-
5 407
-
social contributions
10 884
-
15 019
-
total
14 802
-
20 426
-
Corporate
22 164
80 500
-
-
income
4 211
15 295
-
-
total
4 211
15 295
-
-
Dividends
17 953
65 205
-
-
withholding
2 693
9 781
-
-
total
2 693
9 781
-
-
Income
80 500
80 500
80 500
80 500
Total tax
35 637
25 076
39 650
41 292
After tax
44 863
55 424
40 850
39 208
Living cost
29 603
29 603
29 603
29 603
Free-cash
15 260
25 821
11 247
9 605

Estimated living cost  is ₽29603 per week

₽22015
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1640
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.
₽5436
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽4171
₽14334
₽11676
₽13851
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
80 500
health
-
-
-
6 159
income
-
-
-
10 269
chamber of commerce
-
-
-
323
pensions
-
-
-
14 892
surtax
-
-
-
-
unemployment
-
-
-
5 995
total
-
-
-
37 638
Employee
42 729
38 955
62 510
-
income
3 806
2 873
9 475
-
other
427
390
625
-
pensions
4 376
3 988
6 402
-
health
1 653
1 508
2 419
-
unemployment
1 282
1 169
1 875
-
total
11 544
9 928
20 796
-
Employer
42 729
38 955
62 510
-
other
2 029
1 849
2 968
-
unemployment
1 282
1 169
1 875
-
health
1 616
1 473
2 363
-
surtax
-
-
-
-
accident
555
506
812
-
pensions
5 363
4 890
7 845
-
payroll
1 282
1 169
1 875
-
chamber of commerce
171
156
250
-
total
12 298
11 212
17 988
-
Corporate
25 474
30 334
58 800
-
income

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

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

6 368
7 583
14 701
-
total
6 368
7 583
14 701
-
Dividends
19 106
22 751
-
-
withholding
5 253
6 257
-
-
total
5 253
6 257
-
-
Income
80 500
80 500
80 500
80 500
Total tax
35 463
34 980
53 485
37 638
After tax
45 037
45 520
27 015
42 862
Living cost
31 186
31 186
31 186
31 186
Free-cash
13 851
14 334
-4 171
11 676

Estimated living cost  is ₽31186 per week

₽18707
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3185
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.
₽8737
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽51903
₽63978
₽67198
₽61634
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
80 500
microenterprise

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

-
-
-
805
total
-
-
-
805
Employee
15 622
-
80 500
-
income
3 125
-
16 100
-
total
3 125
-
16 100
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

64 878
80 500
-
-
total
-
-
-
-
Dividends
64 878
80 500
-
-
withholding
3 244
4 025
-
-
total
3 244
4 025
-
-
Income
80 500
80 500
80 500
80 500
Total tax
6 369
4 025
16 100
805
After tax
74 131
76 475
64 400
79 695
Living cost
12 497
12 497
12 497
12 497
Free-cash
61 634
63 978
51 903
67 198

Estimated living cost  is ₽12497 per week

₽8457
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽525
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽419
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3096
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽13879
₽29206
₽16187
₽21028
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
80 500
health
-
-
-
7 921
income
-
-
-
15 351
pensions
-
-
-
14 701
unemployment
-
-
-
121
total
-
-
-
38 094
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.

43 225
-
69 654
-
income
7 454
-
14 162
-
pensions
6 700
-
10 796
-
health
2 792
-
4 500
-
unemployment
61
-
98
-
total
17 007
-
29 556
-
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.

43 225
-
69 654
-
unemployment
26
-
43
-
health
2 879
-
4 639
-
pensions
3 825
-
6 164
-
total
6 730
-
10 846
-
Corporate
30 545
80 500
-
-
income
5 804
15 294
-
-
total
5 804
15 294
-
-
Dividends
24 741
65 206
-
-
withholding
3 712
9 781
-
-
total
3 712
9 781
-
-
Income
80 500
80 500
80 500
80 500
Total tax
33 253
25 075
40 402
38 094
After tax
47 247
55 425
40 098
42 406
Living cost
26 219
26 219
26 219
26 219
Free-cash
21 028
29 206
13 879
16 187

Estimated living cost  is ₽26219 per week

₽17993
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1681
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽508
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6038
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽22229
₽4320
₽10976
-₽73812
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
80 500
social contributions
-
-
-
9 177
income
-
-
-
15 691
total
-
-
-
24 868
Employee
64 030
-
-
-
social contributions
5 250
-
748
-
income
14 124
-
-
-
total
19 374
-
748
-
Employer
64 030
-
-
-
social contributions
90 282
-
12 867
-
total
90 282
-
12 867
-
Corporate
-
80 500
-
-
income
-
17 710
-
-
total
-
17 710
-
-
Dividends
-
62 790
-
-
income
-
13 814
-
-
total
-
13 814
-
-
Income
80 500
80 500
80 500
80 500
Total tax
109 656
31 524
13 615
24 868
After tax
-29 156
48 976
66 885
55 632
Living cost
44 656
44 656
44 656
44 656
Free-cash
-73 812
4 320
22 229
10 976

Estimated living cost  is ₽44656 per week

₽28974
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4200
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.
₽10912
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽11393
₽15129
₽14841
₽14144
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
80 500
social contributions

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

-
-
-
27 973
income
-
-
-
7 025
surtax
-
-
-
-
total
-
-
-
34 998
Employee
44 957
-
65 050
-
surtax
-
-
-
-
social contributions
4 945
-
7 155
-
income
9 351
-
15 841
-
total
14 296
-
22 996
-
Employer
44 957
-
65 050
-
social contributions
10 677
-
15 450
-
total
10 677
-
15 450
-
Corporate
24 866
80 500
-
-
surtax
-
-
-
-
income
5 222
16 904
-
-
total
5 222
16 904
-
-
Dividends
19 644
63 596
-
-
withholding
5 500
17 806
-
-
total
5 500
17 806
-
-
Income
80 500
80 500
80 500
80 500
Total tax
35 695
34 710
38 446
34 998
After tax
44 805
45 790
42 054
45 502
Living cost
30 661
30 661
30 661
30 661
Free-cash
14 144
15 129
11 393
14 841

Estimated living cost  is ₽30661 per week

₽22941
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1809
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.
₽5400
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73
-₽6639
-₽471
₽75
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
80 500
other
-
-
-
2 495
social contributions
-
-
-
2 293
health
-
-
-
696
income
-
-
-
5 182
pensions
-
-
-
23 093
surtax
-
-
-
-
total
-
-
-
33 759
Employee
61 222
-
61 344
-
surtax
-
-
-
-
social contributions
1 744
-
1 747
-
income
5 342
-
5 373
-
pensions
6 925
-
6 938
-
total
14 011
-
14 058
-
Employer
61 222
-
61 344
-
other
2 113
-
2 117
-
unemployment
2 480
-
2 484
-
health
4 285
-
4 294
-
pensions
10 060
-
10 078
-
social contributions
184
-
184
-
total
19 122
-
19 157
-
Corporate
156
80 500
-
-
surtax
-
-
-
-
income
45
22 540
-
-
total
45
22 540
-
-
Dividends
112
57 960
-
-
social contributions
20
9 969
-
-
surtax
-
-
-
-
withholding
15
7 418
-
-
total
35
17 387
-
-
Income
80 500
80 500
80 500
80 500
Total tax
33 213
39 927
33 215
33 759
After tax
47 287
40 573
47 285
46 741
Living cost
47 212
47 212
47 212
47 212
Free-cash
75
-6 639
73
-471

Estimated living cost  is ₽47212 per week

₽31952
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3862
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.
₽10750
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽34751
₽43066
₽32493
₽39784
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
80 500
income
-
-
-
913
social contributions
-
-
-
17 711
total
-
-
-
18 624
Employee
31 425
-
69 697
-
income
-
-
1 033
-
social contributions
2 042
-
4 530
-
total
2 042
-
5 563
-
Employer
31 425
-
69 697
-
social contributions
4 871
-
10 803
-
total
4 871
-
10 803
-
Corporate
44 203
80 500
-
-
income
4 420
8 051
-
-
total
4 420
8 051
-
-
Dividends
39 783
72 449
-
-
total
-
-
-
-
Income
80 500
80 500
80 500
80 500
Total tax
11 333
8 051
16 366
18 624
After tax
69 167
72 449
64 134
61 876
Living cost
29 383
29 383
29 383
29 383
Free-cash
39 784
43 066
34 751
32 493

Estimated living cost  is ₽29383 per week

₽18999
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2215
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽553
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7617
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽131253
-₽131253
₽3859
-₽131253
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
80 500
labour market
-
-
-
6 373
pensions
-
-
-
842
national
-
-
-
8 283
municipal
-
-
-
14 337
total
-
-
-
29 835
Employee
197 557
197 557
197 557
-
labour market
15 782
15 782
15 782
-
municipal
42 069
42 069
42 069
-
national
24 135
24 135
24 135
-
pensions
281
281
281
-
total
82 267
82 267
82 267
-
Employer
197 557
197 557
197 557
-
national
24 177
24 177
24 177
-
labour market
15 805
15 805
15 805
-
pensions
562
562
562
-
municipal
42 136
42 136
42 136
-
total
82 680
82 680
82 680
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
80 500
80 500
80 500
80 500
Total tax
164 947
164 947
164 947
29 835
After tax
-84 447
-84 447
-84 447
50 665
Living cost
46 806
46 806
46 806
46 806
Free-cash
-131 253
-131 253
-131 253
3 859

Estimated living cost  is ₽46806 per week

₽32035
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4140
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽720
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9911
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽19257
-₽14715
₽34127
₽3262
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
80 500
other
-
-
-
363
health
-
-
-
2 137
accident
-
-
-
247
income
-
-
-
18 315
pensions
-
-
-
4 076
total
-
-
-
25 138
Employee
33 404
-
66 949
-
income
4 583
-
11 317
-
pensions
3 762
-
7 474
-
health
3 825
-
7 666
-
total
12 170
-
26 457
-
Employer
33 404
-
66 949
-
unemployment
819
-
1 640
-
accident
558
-
1 118
-
pensions
5 431
-
10 793
-
total
6 808
-
13 551
-
Corporate
40 288
80 500
-
-
income

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

36 260
72 450
-
-
total
36 260
72 450
-
-
Dividends
4 029
8 050
-
-
withholding
765
1 530
-
-
total
765
1 530
-
-
Income
80 500
80 500
80 500
80 500
Total tax
56 003
73 980
40 008
25 138
After tax
24 497
6 520
40 492
55 362
Living cost
21 235
21 235
21 235
21 235
Free-cash
3 262
-14 715
19 257
34 127

Estimated living cost  is ₽21235 per week

₽15457
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1211
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽398
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4169
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽9759
₽17239
₽21524
₽13403
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
80 500
health
-
-
-
831
national
-
-
-
6 275
municipal
-
-
-
14 341
total
-
-
-
21 447
Employee
51 428
-
67 721
-
municipal
8 423
-
11 071
-
national
850
-
3 140
-
pensions
3 471
-
4 571
-
health
384
-
634
-
unemployment
772
-
1 017
-
total
13 900
-
20 433
-
Employer
51 428
-
67 721
-
unemployment
334
-
440
-
health
395
-
521
-
accident
52
-
69
-
pensions
8 922
-
11 749
-
total
9 703
-
12 779
-
Corporate
19 369
80 500
-
-
income
3 873
16 099
-
-
total
3 873
16 099
-
-
Dividends

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

11 621
48 300
-
-
national
-
939
-
-
municipal
2 092
8 694
-
-
total
2 092
9 633
-
-
Income
80 500
80 500
80 500
80 500
Total tax
29 568
25 732
33 212
21 447
After tax
50 932
54 768
47 288
59 053
Living cost
37 529
37 529
37 529
37 529
Free-cash
13 403
17 239
9 759
21 524

Estimated living cost  is ₽37529 per week

₽24514
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3610
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽597
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8809
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽36122
₽35765
₽36616
₽31073
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
80 500
social contributions
-
-
-
12 558
health
-
-
-
2 053
income
-
-
-
6 641
total
-
-
-
21 252
Employee
75 165
75 165
75 165
-
social contributions
2 842
6 238
6 066
-
income
8 184
6 958
7 019
-
health
582
1 278
1 243
-
total
11 608
14 474
14 328
-
Employer
75 165
75 165
75 165
-
health
633
1 391
1 352
-
social contributions
2 842
6 238
6 066
-
total
3 475
7 629
7 418
-
Corporate
42 785
-
-
-
income
5 348
-
-
-
total
5 348
-
-
-
Dividends
37 437
-
-
-
withholding
6 364
-
-
-
total
6 364
-
-
-
Income
80 500
80 500
80 500
80 500
Total tax
26 795
22 103
21 746
21 252
After tax
53 705
58 397
58 754
59 248
Living cost
22 632
22 632
22 632
22 632
Free-cash
31 073
35 765
36 122
36 616

Estimated living cost  is ₽22632 per week

₽13564
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2220
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽501
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6348
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽34190
₽51141
₽47764
₽46168
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
80 500
health
-
-
-
3 537
income
-
-
-
7 433
pensions
-
-
-
6 218
unemployment
-
-
-
28
total
-
-
-
17 216
Employee

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

22 437
-
72 982
-
income
1 534
-
5 756
-
pensions
3 365
-
10 948
-
health
1 907
-
6 203
-
unemployment
111
-
365
-
total
6 917
-
23 272
-
Employer

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

22 437
-
72 982
-
unemployment
111
-
365
-
health
965
-
3 139
-
pensions
1 234
-
4 014
-
total
2 310
-
7 518
-
Corporate
55 754
80 500
-
-
income
5 018
7 246
-
-
total
5 018
7 246
-
-
Dividends
50 736
73 254
-
-
withholding
4 567
6 593
-
-
total
4 567
6 593
-
-
Income
80 500
80 500
80 500
80 500
Total tax
18 812
13 839
30 790
17 216
After tax
61 688
66 661
49 710
63 284
Living cost
15 520
15 520
15 520
15 520
Free-cash
46 168
51 141
34 190
47 764

Estimated living cost  is ₽15520 per week

₽9902
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1119
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽462
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4036
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽16536
₽27400
₽15969
₽22273
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
80 500
other
-
-
-
80
accident
-
-
-
725
income
-
-
-
13 501
pensions
-
-
-
22 781
unemployment
-
-
-
564
total
-
-
-
37 651
Employee
36 144
-
61 039
-
income
6 968
-
13 746
-
other
35
-
61
-
pensions
1 699
-
2 870
-
unemployment
560
-
946
-
total
9 262
-
17 623
-
Employer
36 144
-
61 039
-
other
289
-
488
-
unemployment
1 989
-
3 358
-
accident
716
-
1 209
-
pensions
8 529
-
14 406
-
total
11 523
-
19 461
-
Corporate
32 833
80 500
-
-
income

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

4 925
12 074
-
-
total
4 925
12 074
-
-
Dividends
27 908
68 426
-
-
withholding
5 637
14 146
-
-
total
5 637
14 146
-
-
Income
80 500
80 500
80 500
80 500
Total tax
31 347
26 220
37 084
37 651
After tax
49 153
54 280
43 416
42 849
Living cost
26 880
26 880
26 880
26 880
Free-cash
22 273
27 400
16 536
15 969

Estimated living cost  is ₽26880 per week

₽18144
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2584
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.
₽5682
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽49323
₽48421
₽49450
₽48123
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
80 500
health
-
-
-
958
income
-
-
-
26 960
pensions
-
-
-
1 321
total
-
-
-
29 239
Employee
2 758
-
79 014
-
income
534
-
26 890
-
pensions
248
-
594
-
health
138
-
330
-
unemployment
28
-
66
-
total
948
-
27 880
-
Employer
2 758
-
79 014
-
unemployment
55
-
132
-
health
262
-
627
-
pensions
303
-
727
-
total
620
-
1 486
-
Corporate
77 121
80 500
-
-
income
16 967
17 710
-
-
total
16 967
17 710
-
-
Dividends
60 154
62 790
-
-
withholding
12 031
12 558
-
-
total
12 031
12 558
-
-
Income
80 500
80 500
80 500
80 500
Total tax
30 566
30 268
29 366
29 239
After tax
49 934
50 232
51 134
51 261
Living cost
1 811
1 811
1 811
1 811
Free-cash
48 123
48 421
49 323
49 450

Estimated living cost  is ₽1811 per week

₽1076
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽147
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽41
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽547
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽24596
₽41295
₽23662
₽36496
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
80 500
health
-
-
-
7 424
income
-
-
-
12 728
pensions
-
-
-
18 739
unemployment
-
-
-
1 081
total
-
-
-
39 972
Employee

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

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

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

25 432
-
68 278
-
income
3 506
-
13 230
-
pensions
3 560
-
9 559
-
health
1 310
-
3 516
-
unemployment
191
-
512
-
total
8 567
-
26 817
-
Employer

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

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

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

25 432
-
68 278
-
unemployment
191
-
512
-
health
1 310
-
3 516
-
pensions
3 052
-
8 193
-
total
4 553
-
12 221
-
Corporate
50 515
80 500
-
-
income
7 577
12 075
-
-
total
7 577
12 075
-
-
Dividends
42 938
68 425
-
-
withholding
6 441
10 264
-
-
total
6 441
10 264
-
-
Income
80 500
80 500
80 500
80 500
Total tax
27 138
22 339
39 038
39 972
After tax
53 362
58 161
41 462
40 528
Living cost
16 866
16 866
16 866
16 866
Free-cash
36 496
41 295
24 596
23 662

Estimated living cost  is ₽16866 per week

₽11356
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1305
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.
₽3717
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽15701
₽19437
₽19149
₽19083
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
80 500
social contributions

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

-
-
-
27 973
income
-
-
-
7 025
surtax
-
-
-
-
total
-
-
-
34 998
Employee
37 939
-
65 050
-
surtax
-
-
-
-
social contributions
4 174
-
7 155
-
income
7 413
-
15 841
-
total
11 587
-
22 996
-
Employer
37 939
-
65 050
-
social contributions
9 010
-
15 450
-
total
9 010
-
15 450
-
Corporate
33 552
80 500
-
-
surtax
-
-
-
-
income
7 045
16 904
-
-
total
7 045
16 904
-
-
Dividends
26 506
63 596
-
-
withholding
7 422
17 806
-
-
total
7 422
17 806
-
-
Income
80 500
80 500
80 500
80 500
Total tax
35 064
34 710
38 446
34 998
After tax
45 436
45 790
42 054
45 502
Living cost
26 353
26 353
26 353
26 353
Free-cash
19 083
19 437
15 701
19 149

Estimated living cost  is ₽26353 per week

₽18665
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1831
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.
₽5391
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽9062
₽19926
₽8495
₽12470
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
80 500
other
-
-
-
80
accident
-
-
-
725
income
-
-
-
13 501
pensions
-
-
-
22 781
unemployment
-
-
-
564
total
-
-
-
37 651
Employee
47 209
-
61 039
-
income
9 860
-
13 746
-
other
46
-
61
-
pensions
2 219
-
2 870
-
unemployment
731
-
946
-
total
12 856
-
17 623
-
Employer
47 209
-
61 039
-
other
378
-
488
-
unemployment
2 597
-
3 358
-
accident
935
-
1 209
-
pensions
11 141
-
14 406
-
total
15 051
-
19 461
-
Corporate
18 240
80 500
-
-
income

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

2 736
12 074
-
-
total
2 736
12 074
-
-
Dividends
15 504
68 426
-
-
withholding
3 033
14 146
-
-
total
3 033
14 146
-
-
Income
80 500
80 500
80 500
80 500
Total tax
33 676
26 220
37 084
37 651
After tax
46 824
54 280
43 416
42 849
Living cost
34 354
34 354
34 354
34 354
Free-cash
12 470
19 926
9 062
8 495

Estimated living cost  is ₽34354 per week

₽24671
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2671
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽484
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6528
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽45019
₽52229
₽42827
₽46346
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
80 500
health
-
-
-
3 876
income
-
-
-
12 075
pensions

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

-
-
-
4 988
unemployment
-
-
-
135
total
-
-
-
21 074
Employee
21 979
-
73 887
-
income
2 198
-
7 389
-
accident

We are using the highest rate at 1.1%.

242
-
371
-
pensions

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

1 930
-
2 959
-
health
1 011
-
1 550
-
total
5 381
-
12 269
-
Employer
21 979
-
73 887
-
unemployment
132
-
202
-
health
1 517
-
2 326
-
accident

We are using the highest rate at 1.1%.

242
-
371
-
pensions

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

2 422
-
3 714
-
total
4 313
-
6 613
-
Corporate
54 209
80 500
-
-
income
5 421
8 050
-
-
total
5 421
8 050
-
-
Dividends
48 788
72 450
-
-
withholding
2 440
3 622
-
-
total
2 440
3 622
-
-
Income
80 500
80 500
80 500
80 500
Total tax
17 555
11 672
18 882
21 074
After tax
62 945
68 828
61 618
59 426
Living cost
16 599
16 599
16 599
16 599
Free-cash
46 346
52 229
45 019
42 827

Estimated living cost  is ₽16599 per week

₽10978
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽950
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽396
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4275
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽21342
₽3843
₽16311
₽16629
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
80 500
health

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

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

-
-
-
6 678
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.

-
-
-
13 974
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.

-
-
-
768
trade
-
-
-
5 031
total
-
-
-
26 451
Employee

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

48 636
-
80 500
-
surtax

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

221
-
768
-
income

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

3 999
-
13 974
-
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.

6 678
-
6 678
-
total
10 898
-
21 420
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
31 864
80 500
-
-
chamber of commerce
195
267
-
-
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.

263
664
-
-
trade
4 573
11 551
-
-
income
4 780
12 074
-
-
total
9 811
24 556
-
-
Dividends
22 053
55 944
-
-
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.

282
749
-
-
withholding
5 142
13 614
-
-
total
5 424
14 363
-
-
Income
80 500
80 500
80 500
80 500
Total tax
26 133
38 919
21 420
26 451
After tax
54 367
41 581
59 080
54 049
Living cost
37 738
37 738
37 738
37 738
Free-cash
16 629
3 843
21 342
16 311

Estimated living cost  is ₽37738 per week

₽26033
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4061
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.
₽7097
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽1978
₽668
₽1978
₽2826
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
80 500
income
-
-
-
16 044
social contributions
-
-
-
6 796
total
-
-
-
22 840
Employee
76 462
-
80 500
-
income
14 428
-
16 044
-
social contributions
6 352
-
6 796
-
total
20 780
-
22 840
-
Employer
76 462
-
80 500
-
total
-
-
-
-
Corporate
4 038
80 500
-
-
income
505
10 063
-
-
total
505
10 063
-
-
Dividends
3 533
70 437
-
-
withholding
707
14 087
-
-
total
707
14 087
-
-
Income
80 500
80 500
80 500
80 500
Total tax
21 992
24 150
22 840
22 840
After tax
58 508
56 350
57 660
57 660
Living cost
55 682
55 682
55 682
55 682
Free-cash
2 826
668
1 978
1 978

Estimated living cost  is ₽55682 per week

₽42362
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4537
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽532
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8251
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽23370
₽11678
₽11173
₽17220
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
80 500
income
-
-
-
27 825
health

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

-
-
-
6 019
total
-
-
-
33 844
Employee
44 842
-
76 004
-
income
4 866
-
12 655
-
social contributions
4 493
-
4 496
-
total
9 359
-
17 151
-
Employer
44 842
-
76 004
-
social contributions
4 493
-
4 496
-
total
4 493
-
4 496
-
Corporate
31 166
80 500
-
-
income
10 907
28 175
-
-
total
10 907
28 175
-
-
Dividends
20 258
52 325
-
-
social contributions
3 038
5 164
-
-
total
3 038
5 164
-
-
Income
80 500
80 500
80 500
80 500
Total tax
27 797
33 339
21 647
33 844
After tax
52 703
47 161
58 853
46 656
Living cost
35 483
35 483
35 483
35 483
Free-cash
17 220
11 678
23 370
11 173

Estimated living cost  is ₽35483 per week

₽23373
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2797
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽544
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8769
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽15005
₽24377
₽23959
₽18918
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
80 500
income
-
-
-
14 973
pensions
-
-
-
5 630
total
-
-
-
20 603
Employee
49 330
-
71 154
-
income
8 983
-
12 736
-
health
644
-
1 091
-
pensions
3 765
-
6 384
-
total
13 392
-
20 211
-
Employer
49 330
-
71 154
-
health
938
-
1 351
-
pensions
4 984
-
7 995
-
total
5 922
-
9 346
-
Corporate
25 248
80 500
-
-
income

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

4 796
15 295
-
-
total
4 796
15 295
-
-
Dividends
20 452
65 205
-
-
withholding
1 534
4 890
-
-
total
1 534
4 890
-
-
Income
80 500
80 500
80 500
80 500
Total tax
25 644
20 185
29 557
20 603
After tax
54 856
60 315
50 943
59 897
Living cost
35 938
35 938
35 938
35 938
Free-cash
18 918
24 377
15 005
23 959

Estimated living cost  is ₽35938 per week

₽24653
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3305
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽450
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7528
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽17155
-₽16817
₽32025
₽2941
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
80 500
other
-
-
-
363
health
-
-
-
2 137
accident
-
-
-
247
income
-
-
-
18 315
pensions
-
-
-
4 076
total
-
-
-
25 138
Employee
36 710
-
66 949
-
income
5 036
-
11 317
-
pensions
4 134
-
7 474
-
health
4 203
-
7 666
-
total
13 373
-
26 457
-
Employer
36 710
-
66 949
-
unemployment
899
-
1 640
-
accident
613
-
1 118
-
pensions
5 969
-
10 793
-
total
7 481
-
13 551
-
Corporate
36 308
80 500
-
-
income

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

32 678
72 450
-
-
total
32 678
72 450
-
-
Dividends
3 631
8 050
-
-
withholding
690
1 530
-
-
total
690
1 530
-
-
Income
80 500
80 500
80 500
80 500
Total tax
54 222
73 980
40 008
25 138
After tax
26 278
6 520
40 492
55 362
Living cost
23 337
23 337
23 337
23 337
Free-cash
2 941
-16 817
17 155
32 025

Estimated living cost  is ₽23337 per week

₽17127
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1360
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽470
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4380
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Warsaw model

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Skopje , Macedonia
₽33967
₽55242
₽33289
₽50497
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
80 500
income
-
-
-
11 890
health insurance
-
-
-
5 957
work injury
-
-
-
403
pensions
-
-
-
14 812
unemployment
-
-
-
966
total
-
-
-
34 028
Employee

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

21 093
-
80 500
-
income
2 109
-
11 890
-
work injury
105
-
390
-
health insurance
1 561
-
5 775
-
pensions
3 881
-
14 359
-
unemployment
253
-
936
-
total
7 909
-
33 350
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
59 407
80 500
-
-
income

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

-
-
-
-
total
-
-
-
-
Dividends
59 407
80 500
-
-
withholding
8 911
12 075
-
-
total
8 911
12 075
-
-
Income
80 500
80 500
80 500
80 500
Total tax
16 820
12 075
33 350
34 028
After tax
63 680
68 425
47 150
46 472
Living cost
13 183
13 183
13 183
13 183
Free-cash
50 497
55 242
33 967
33 289

Estimated living cost  is ₽13183 per week

₽8167
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽958
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽411
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3647
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽709
₽3461
₽2973
-₽1872
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
80 500
social contributions
-
-
-
20 705
national
-
-
-
15 895
regional
-
-
-
1 448
municipal
-
-
-
538
total
-
-
-
38 586
Employee
82 370
-
80 500
-
social contributions
27 775
-
27 144
-
municipal
492
-
480
-
national
13 920
-
13 449
-
regional
1 244
-
1 195
-
total
43 431
-
42 268
-
Employer
82 370
-
80 500
-
total
-
-
-
-
Corporate
-
80 500
-
-
nationa
-
19 320
-
-
municipal
-
3 881
-
-
total
-
23 201
-
-
Dividends
-
57 300
-
-
withholding
-
14 897
-
-
total
-
14 897
-
-
Income
80 500
80 500
80 500
80 500
Total tax
43 431
38 098
42 268
38 586
After tax
37 069
42 402
38 232
41 914
Living cost
38 941
38 941
38 941
38 941
Free-cash
-1 872
3 461
-709
2 973

Estimated living cost  is ₽38941 per week

₽27354
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2679
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽588
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8320
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rome model

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