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
₽11769
₽29921
₽24248
₽22350
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income

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

-
-
-
14 280
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.

-
-
-
786
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.

-
-
-
6 536
trade
-
-
-
5 673
total
-
-
-
27 275
Employee

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

36 591
-
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.

56
-
786
-
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.

1 022
-
14 280
-
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.

6 536
-
6 536
-
total
7 614
-
21 602
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
43 909
80 500
-
-
income
6 587
12 075
-
-
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.

363
664
-
-
chamber of commerce
209
261
-
-
trade
6 915
12 679
-
-
total
14 074
25 679
-
-
Dividends
29 836
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.

390
733
-
-
withholding
7 095
13 342
-
-
total
7 485
14 075
-
-
Income
80 500
80 500
80 500
80 500
Total tax
29 173
39 754
21 602
27 275
After tax
51 327
40 746
58 898
53 225
Living cost
28 977
28 977
28 977
28 977
Free-cash
22 350
11 769
29 921
24 248

Estimated living cost  is ₽28977 per week

₽18227
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3379
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽541
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6830
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽1009
-₽1357
-₽1989
-₽6142
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
8 128
national
-
-
-
12 595
pensions
-
-
-
9 660
total
-
-
-
31 248
Employee
79 433
-
69 592
-
municipal
9 811
-
8 439
-
pensions
3 177
-
2 784
-
national
15 204
-
13 078
-
total
28 192
-
24 301
-
Employer
79 433
-
69 592
-
pensions
6 355
-
5 567
-
social contributions
854
-
748
-
total
7 209
-
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
35 401
30 268
30 616
31 248
After tax
45 099
50 232
49 884
49 252
Living cost
51 241
51 241
51 241
51 241
Free-cash
-6 142
-1 009
-1 357
-1 989

Estimated living cost  is ₽51241 per week

₽34828
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4763
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽767
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10883
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽44497
₽25642
₽23243
₽36649
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
11 473
surtax
-
-
-
-
social contributions

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

-
-
-
25 881
microenterprise
-
-
-
-
total
-
-
-
37 354
Employee
27 954
-
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.

3 075
-
7 137
-
income
4 976
-
12 190
-
total
8 051
-
19 327
-
Employer
27 954
-
64 872
-
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.

6 734
-
15 628
-
surtax
-
-
-
-
total
6 734
-
15 628
-
Corporate
45 812
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%.

9 163
16 100
-
-
total
9 163
16 100
-
-
Dividends

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

36 649
64 400
-
-
total
-
-
-
-
Income
80 500
80 500
80 500
80 500
Total tax
23 948
16 100
34 955
37 354
After tax
56 552
64 400
45 545
43 146
Living cost
19 903
19 903
19 903
19 903
Free-cash
36 649
44 497
25 642
23 243

Estimated living cost  is ₽19903 per week

₽12697
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1895
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽452
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4858
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽9129
-₽14498
₽5701
-₽14498
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
12 917
health
-
-
-
10 597
pensions
-
-
-
11 209
total
-
-
-
34 723
Employee
81 696
81 696
81 696
-
pensions
14 705
11 209
14 705
-
income

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

13 372
13 372
13 372
-
health
12 539
10 666
12 539
-
total
40 616
35 247
40 616
-
Employer
81 696
81 696
81 696
-
health
5 679
5 679
5 679
-
pensions
5 686
5 686
5 686
-
unemployment
2 941
2 941
2 941
-
total
14 306
14 306
14 306
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
80 500
80 500
80 500
80 500
Total tax
54 922
49 553
54 922
34 723
After tax
25 578
30 947
25 578
45 777
Living cost
40 076
40 076
40 076
40 076
Free-cash
-14 498
-9 129
-14 498
5 701

Estimated living cost  is ₽40076 per week

₽28401
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3613
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽637
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7425
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽4588
₽3622
₽763
₽3704
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
161
other
-
-
-
9 354
unemployment
-
-
-
81
health
-
-
-
5 023
municipal
-
-
-
17 051
national
-
-
-
-
pensions
-
-
-
8 702
total
-
-
-
40 372
Employee
56 092
-
61 254
-
municipal
16 727
-
18 266
-
national
-
-
-
-
total
16 727
-
18 266
-
Employer
56 092
-
61 254
-
health
3 450
-
3 767
-
pensions
6 063
-
6 622
-
accident
112
-
123
-
unemployment
1 481
-
1 617
-
other
6 518
-
7 118
-
total
17 624
-
19 247
-
Corporate
6 784
80 500
-
-
income
1 492
17 710
-
-
total
1 492
17 710
-
-
Dividends
5 292
62 790
-
-
withholding
1 588
18 837
-
-
total
1 588
18 837
-
-
Income
80 500
80 500
80 500
80 500
Total tax
37 431
36 547
37 513
40 372
After tax
43 069
43 953
42 987
40 128
Living cost
39 365
39 365
39 365
39 365
Free-cash
3 704
4 588
3 622
763

Estimated living cost  is ₽39365 per week

₽26090
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3863
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽598
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8815
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽2749
₽21316
₽15390
₽16191
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income

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

-
-
-
14 280
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.

-
-
-
786
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.

-
-
-
6 536
trade
-
-
-
5 926
total
-
-
-
27 528
Employee

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

48 515
-
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.

229
-
786
-
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.

4 168
-
14 280
-
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.

6 536
-
6 536
-
total
10 933
-
21 602
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
31 985
80 500
-
-
income
4 798
12 075
-
-
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
-
-
chamber of commerce
191
260
-
-
trade
5 261
13 242
-
-
total
10 513
26 241
-
-
Dividends
21 472
54 259
-
-
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.

276
726
-
-
withholding
5 005
13 202
-
-
total
5 281
13 928
-
-
Income
80 500
80 500
80 500
80 500
Total tax
26 727
40 169
21 602
27 528
After tax
53 773
40 331
58 898
52 972
Living cost
37 582
37 582
37 582
37 582
Free-cash
16 191
2 749
21 316
15 390

Estimated living cost  is ₽37582 per week

₽25135
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3963
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽561
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7923
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽27837
₽27921
₽28142
₽24014
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
6 717
social contributions
-
-
-
12 558
health
-
-
-
2 053
total
-
-
-
21 328
Employee
73 563
73 563
73 563
-
social contributions
3 575
6 105
6 065
-
income
7 725
6 810
6 824
-
health
732
1 251
1 242
-
total
12 032
14 166
14 131
-
Employer
73 563
73 563
73 563
-
health
797
1 362
1 353
-
social contributions
3 575
6 105
6 065
-
total
4 372
7 467
7 418
-
Corporate
33 068
-
-
-
income
4 134
-
-
-
total
4 134
-
-
-
Dividends
28 934
-
-
-
withholding
4 918
-
-
-
total
4 918
-
-
-
Income
80 500
80 500
80 500
80 500
Total tax
25 456
21 633
21 549
21 328
After tax
55 044
58 867
58 951
59 172
Living cost
31 030
31 030
31 030
31 030
Free-cash
24 014
27 837
27 921
28 142

Estimated living cost  is ₽31030 per week

₽21212
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2424
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽521
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6873
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽27824
₽29082
₽38181
₽28190
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
9 841
unemployment
-
-
-
1 207
health
-
-
-
5 635
pensions
-
-
-
8 050
total
-
-
-
24 733
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.

25 386
10 103
67 364
-
unemployment
381
152
1 010
-
pensions
2 539
1 010
6 736
-
income
3 103
1 235
8 235
-
health
1 777
707
4 715
-
total
7 800
3 104
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.

25 386
10 103
67 364
-
pensions
4 950
1 970
13 136
-
total
4 950
1 970
13 136
-
Corporate
50 163
68 426
-
-
income
4 515
6 158
-
-
total
4 515
6 158
-
-
Dividends
45 649
62 268
-
-
social contributions
8 786
12 027
-
-
withholding
8 673
11 831
-
-
total
17 459
23 858
-
-
Income
80 500
80 500
80 500
80 500
Total tax
34 724
35 090
33 832
24 733
After tax
45 776
45 410
46 668
55 767
Living cost
17 586
17 586
17 586
17 586
Free-cash
28 190
27 824
29 082
38 181

Estimated living cost  is ₽17586 per week

₽12001
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1439
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽351
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3795
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽41293
₽23293
₽20041
₽35350
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
10 787
health
-
-
-
10 464
pensions
-
-
-
16 101
total
-
-
-
37 352
Employee
27 139
-
60 165
-
unemployment
434
-
962
-
pensions
543
-
1 204
-
income
3 055
-
11 599
-
total
4 032
-
13 765
-
Employer
27 139
-
60 165
-
health
3 527
-
7 821
-
pensions
5 428
-
12 033
-
unemployment
218
-
481
-
total
9 173
-
20 335
-
Corporate
44 187
80 500
-
-
income
8 838
16 100
-
-
total
8 838
16 100
-
-
Dividends
35 350
64 400
-
-
total
-
-
-
-
Income
80 500
80 500
80 500
80 500
Total tax
22 043
16 100
34 100
37 352
After tax
58 457
64 400
46 400
43 148
Living cost
23 107
23 107
23 107
23 107
Free-cash
35 350
41 293
23 293
20 041

Estimated living cost  is ₽23107 per week

₽15849
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1376
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽465
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5417
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽14853
₽19170
₽33984
₽3242
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
245
income
-
-
-
18 377
other
-
-
-
360
health
-
-
-
2 119
pensions
-
-
-
4 042
total
-
-
-
25 143
Employee
33 621
-
67 035
-
pensions
3 786
-
7 412
-
income
4 613
-
11 405
-
health
3 850
-
7 675
-
total
12 249
-
26 492
-
Employer
33 621
-
67 035
-
pensions
5 467
-
10 703
-
accident
561
-
1 120
-
unemployment
824
-
1 642
-
total
6 852
-
13 465
-
Corporate
40 027
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.

36 024
72 450
-
-
total
36 024
72 450
-
-
Dividends
4 002
8 050
-
-
withholding
760
1 530
-
-
total
760
1 530
-
-
Income
80 500
80 500
80 500
80 500
Total tax
55 885
73 980
39 957
25 143
After tax
24 615
6 520
40 543
55 357
Living cost
21 373
21 373
21 373
21 373
Free-cash
3 242
-14 853
19 170
33 984

Estimated living cost  is ₽21373 per week

₽15665
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1184
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽446
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4079
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽68604
₽56529
₽71824
₽67128
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
9 839
-
80 500
-
income
1 968
-
16 100
-
total
1 968
-
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%.

70 661
80 500
-
-
total
-
-
-
-
Dividends
70 661
80 500
-
-
withholding
3 533
4 025
-
-
total
3 533
4 025
-
-
Income
80 500
80 500
80 500
80 500
Total tax
5 501
4 025
16 100
805
After tax
74 999
76 475
64 400
79 695
Living cost
7 871
7 871
7 871
7 871
Free-cash
67 128
68 604
56 529
71 824

Estimated living cost  is ₽7871 per week

₽4878
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽654
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽216
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2123
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽33651
₽21695
₽18101
₽27191
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
10 225
other
-
-
-
3 823
health
-
-
-
3 542
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.

-
-
-
19 318
total
-
-
-
36 908
Employee
34 736
-
64 297
-
unemployment
347
-
643
-
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.

2 431
-
4 501
-
income
5 980
-
11 069
-
health
487
-
900
-
total
9 245
-
17 113
-
Employer
34 736
-
64 297
-
health
487
-
900
-
pensions

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

5 906
-
10 929
-
accident
278
-
514
-
unemployment
347
-
643
-
other
1 737
-
3 215
-
total
8 755
-
16 201
-
Corporate
37 010
80 500
-
-
income
7 772
16 906
-
-
total
7 772
16 906
-
-
Dividends
29 238
63 594
-
-
withholding
2 046
4 452
-
-
total
2 046
4 452
-
-
Income
80 500
80 500
80 500
80 500
Total tax
27 818
21 358
33 314
36 908
After tax
52 682
59 142
47 186
43 592
Living cost
25 491
25 491
25 491
25 491
Free-cash
27 191
33 651
21 695
18 101

Estimated living cost  is ₽25491 per week

₽18011
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1721
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽410
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5348
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽3223
-₽12650
-₽3666
-₽21718
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
14 968
pensions
-
-
-
5 660
total
-
-
-
20 628
Employee
89 897
-
71 124
-
pensions
8 673
-
6 419
-
income
16 205
-
12 721
-
health
1 481
-
1 096
-
total
26 359
-
20 236
-
Employer
89 897
-
71 124
-
health
1 707
-
1 352
-
pensions
10 614
-
8 024
-
total
12 321
-
9 376
-
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
38 680
20 185
29 612
20 628
After tax
41 820
60 315
50 888
59 872
Living cost
63 538
63 538
63 538
63 538
Free-cash
-21 718
-3 223
-12 650
-3 666

Estimated living cost  is ₽63538 per week

₽47611
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7465
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽517
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7947
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽56281
₽49158
₽46953
₽51836
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
12 075
unemployment
-
-
-
134
health
-
-
-
3 844
pensions

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

-
-
-
4 947
total
-
-
-
21 000
Employee
16 614
-
73 942
-
accident

We are using the highest rate at 1.1%.

183
-
368
-
pensions

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

1 459
-
2 935
-
income
1 661
-
7 394
-
health
764
-
1 538
-
total
4 067
-
12 235
-
Employer
16 614
-
73 942
-
health
1 147
-
2 307
-
pensions

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

1 831
-
3 684
-
accident

We are using the highest rate at 1.1%.

183
-
368
-
unemployment
99
-
201
-
total
3 260
-
6 560
-
Corporate
60 626
80 500
-
-
income
6 062
8 050
-
-
total
6 062
8 050
-
-
Dividends
54 563
72 450
-
-
withholding
2 728
3 622
-
-
total
2 728
3 622
-
-
Income
80 500
80 500
80 500
80 500
Total tax
16 117
11 672
18 795
21 000
After tax
64 383
68 828
61 705
59 500
Living cost
12 547
12 547
12 547
12 547
Free-cash
51 836
56 281
49 158
46 953

Estimated living cost  is ₽12547 per week

₽7325
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽896
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽332
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3994
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽22102
-₽27471
-₽7272
-₽23724
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
12 917
health
-
-
-
10 597
pensions
-
-
-
11 209
total
-
-
-
34 723
Employee
88 695
81 696
81 696
-
pensions
11 209
11 209
14 705
-
income

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

13 372
13 372
13 372
-
health
11 065
10 666
12 539
-
total
35 646
35 247
40 616
-
Employer
88 695
81 696
81 696
-
health
6 163
5 679
5 679
-
pensions
6 173
5 686
5 686
-
unemployment
3 193
2 941
2 941
-
total
15 529
14 306
14 306
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
80 500
80 500
80 500
80 500
Total tax
51 175
49 553
54 922
34 723
After tax
29 325
30 947
25 578
45 777
Living cost
53 049
53 049
53 049
53 049
Free-cash
-23 724
-22 102
-27 471
-7 272

Estimated living cost  is ₽53049 per week

₽39132
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4738
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽608
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8571
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽31633
₽17059
₽15416
₽23146
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
6 919
social contributions
-
-
-
23 506
solidarity contribution
-
-
-
-
health
-
-
-
10 868
total
-
-
-
41 293
Employee
34 987
-
60 075
-
solidarity contribution
-
-
-
-
social contributions
2 274
-
3 905
-
income
4 198
-
7 209
-
health
4 723
-
8 110
-
total
11 195
-
19 224
-
Employer
34 987
-
60 075
-
health
3 149
-
5 407
-
social contributions
8 747
-
15 019
-
total
11 896
-
20 426
-
Corporate
33 617
80 500
-
-
income
6 387
15 295
-
-
total
6 387
15 295
-
-
Dividends
27 230
65 205
-
-
withholding
4 085
9 781
-
-
total
4 085
9 781
-
-
Income
80 500
80 500
80 500
80 500
Total tax
33 563
25 076
39 650
41 293
After tax
46 937
55 424
40 850
39 207
Living cost
23 791
23 791
23 791
23 791
Free-cash
23 146
31 633
17 059
15 416

Estimated living cost  is ₽23791 per week

₽16526
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1692
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽468
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5105
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽2583
-₽1785
₽2047
-₽4522
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
80 500
social contributions
-
-
-
20 705
regional
-
-
-
862
municipal
-
-
-
477
national
-
-
-
16 041
total
-
-
-
38 085
Employee
85 023
-
80 500
-
municipal
450
-
427
-
national
14 732
-
13 594
-
regional
802
-
751
-
social contributions
28 670
-
27 145
-
total
44 654
-
41 917
-
Employer
85 023
-
80 500
-
total
-
-
-
-
Corporate
-
80 500
-
-
municipal
-
3 139
-
-
nationa
-
19 320
-
-
total
-
22 459
-
-
Dividends
-
58 041
-
-
withholding
-
15 090
-
-
total
-
15 090
-
-
Income
80 500
80 500
80 500
80 500
Total tax
44 654
37 549
41 917
38 085
After tax
35 846
42 951
38 583
42 415
Living cost
40 368
40 368
40 368
40 368
Free-cash
-4 522
2 583
-1 785
2 047

Estimated living cost  is ₽40368 per week

₽28140
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2647
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽619
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8961
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽29523
₽20320
₽21861
₽26547
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
14 008
other
-
-
-
-
surtax
-
-
-
1 487
unemployment
-
-
-
218
health
-
-
-
5 715
pensions
-
-
-
16 100
total
-
-
-
37 528
Employee
31 637
-
66 501
-
other
-
-
-
-
unemployment
2 202
-
4 628
-
pensions
2 110
-
4 435
-
surtax
103
-
1 311
-
income
5 303
-
12 999
-
health
808
-
1 697
-
total
10 526
-
25 070
-
Employer
31 637
-
66 501
-
health
1 440
-
3 026
-
pensions
4 217
-
8 865
-
unemployment
1 002
-
2 108
-
other
-
-
-
-
total
6 659
-
13 999
-
Corporate
42 204
80 500
-
-
income
10 973
20 930
-
-
total
10 973
20 930
-
-
Dividends
31 232
59 570
-
-
withholding
4 684
8 936
-
-
total
4 684
8 936
-
-
Income
80 500
80 500
80 500
80 500
Total tax
32 842
29 866
39 069
37 528
After tax
47 658
50 634
41 431
42 972
Living cost
21 110
21 110
21 110
21 110
Free-cash
26 547
29 523
20 320
21 861

Estimated living cost  is ₽21110 per week

₽12908
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1948
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽487
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5768
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽16907
₽7480
₽16464
₽9430
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
14 968
pensions
-
-
-
5 660
total
-
-
-
20 628
Employee
60 247
-
71 124
-
pensions
5 114
-
6 419
-
income
10 851
-
12 721
-
health
875
-
1 096
-
total
16 840
-
20 236
-
Employer
60 247
-
71 124
-
health
1 144
-
1 352
-
pensions
6 522
-
8 024
-
total
7 666
-
9 376
-
Corporate
12 587
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.

2 392
15 295
-
-
total
2 392
15 295
-
-
Dividends
10 195
65 205
-
-
withholding
764
4 890
-
-
total
764
4 890
-
-
Income
80 500
80 500
80 500
80 500
Total tax
27 662
20 185
29 612
20 628
After tax
52 838
60 315
50 888
59 872
Living cost
43 408
43 408
43 408
43 408
Free-cash
9 430
16 907
7 480
16 464

Estimated living cost  is ₽43408 per week

₽32521
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3254
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽454
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7179
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽39705
-₽12926
-₽8821
-₽17572
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
1 609
regional
-
-
-
2 356
health
-
-
-
250
city
-
-
-
847
national
-
-
-
339
pensions
-
-
-
7 405
total
-
-
-
12 806
Employee
89 542
-
72 054
-
unemployment
-
-
-
-
pensions
7 523
-
6 053
-
national
424
-
284
-
regional
2 932
-
1 985
-
city
961
-
774
-
health
202
-
161
-
total
12 042
-
9 257
-
Employer
89 542
-
72 054
-
health
202
-
161
-
pensions
7 523
-
6 053
-
unemployment
-
-
-
-
other

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

1 790
-
1 440
-
total
9 515
-
7 654
-
Corporate
-
80 500
-
-
regional
-
17 026
-
-
national
-
6 843
-
-
total
-
23 869
-
-
Dividends
-
56 631
-
-
withholding
-
19 821
-
-
total
-
19 821
-
-
Income
80 500
80 500
80 500
80 500
Total tax
21 557
43 690
16 911
12 806
After tax
58 943
36 810
63 589
67 694
Living cost
76 515
76 515
76 515
76 515
Free-cash
-17 572
-39 705
-12 926
-8 821

Estimated living cost  is ₽76515 per week

₽49756
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6866
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽939
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18952
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽3909
₽15072
₽8894
₽11603
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income

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

-
-
-
14 280
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.

-
-
-
786
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.

-
-
-
6 536
trade
-
-
-
6 178
total
-
-
-
27 780
Employee

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

57 494
-
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.

372
-
786
-
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.

6 761
-
14 280
-
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.

6 536
-
6 536
-
total
13 669
-
21 602
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
23 006
80 500
-
-
income
3 451
12 075
-
-
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.

191
664
-
-
chamber of commerce
178
258
-
-
trade
3 945
13 807
-
-
total
7 765
26 804
-
-
Dividends
15 241
53 696
-
-
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.

189
719
-
-
withholding
3 448
13 060
-
-
total
3 637
13 779
-
-
Income
80 500
80 500
80 500
80 500
Total tax
25 071
40 583
21 602
27 780
After tax
55 429
39 917
58 898
52 720
Living cost
43 826
43 826
43 826
43 826
Free-cash
11 603
-3 909
15 072
8 894

Estimated living cost  is ₽43826 per week

₽32008
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3506
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽570
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7743
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽7841
₽14329
₽14031
₽13493
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
5 509
other
-
-
-
2 496
surtax
-
-
-
-
social contributions
-
-
-
2 295
health
-
-
-
695
pensions
-
-
-
22 743
total
-
-
-
33 738
Employee
40 944
-
61 343
-
pensions
4 629
-
6 937
-
surtax
-
-
-
-
social contributions
1 167
-
1 748
-
income
2 416
-
5 598
-
total
8 212
-
14 283
-
Employer
40 944
-
61 343
-
health
2 867
-
4 294
-
pensions
6 726
-
10 079
-
unemployment
1 658
-
2 484
-
social contributions
123
-
183
-
other
1 412
-
2 117
-
total
12 786
-
19 157
-
Corporate
26 770
80 500
-
-
income
7 496
22 541
-
-
surtax
-
-
-
-
total
7 496
22 541
-
-
Dividends
19 274
57 959
-
-
surtax
-
-
-
-
social contributions
3 315
9 969
-
-
withholding
2 467
7 418
-
-
total
5 782
17 387
-
-
Income
80 500
80 500
80 500
80 500
Total tax
34 276
39 928
33 440
33 738
After tax
46 224
40 572
47 060
46 762
Living cost
32 731
32 731
32 731
32 731
Free-cash
13 493
7 841
14 329
14 031

Estimated living cost  is ₽32731 per week

₽20638
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2661
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽557
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8876
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽11084
₽17572
₽17274
₽16398
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
5 509
other
-
-
-
2 496
surtax
-
-
-
-
social contributions
-
-
-
2 295
health
-
-
-
695
pensions
-
-
-
22 743
total
-
-
-
33 738
Employee
36 548
-
61 343
-
pensions
4 134
-
6 937
-
surtax
-
-
-
-
social contributions
1 042
-
1 748
-
income
1 884
-
5 598
-
total
7 060
-
14 283
-
Employer
36 548
-
61 343
-
health
2 558
-
4 294
-
pensions
6 006
-
10 079
-
unemployment
1 480
-
2 484
-
social contributions
109
-
183
-
other
1 262
-
2 117
-
total
11 415
-
19 157
-
Corporate
32 538
80 500
-
-
income
9 110
22 541
-
-
surtax
-
-
-
-
total
9 110
22 541
-
-
Dividends
23 428
57 959
-
-
surtax
-
-
-
-
social contributions
4 030
9 969
-
-
withholding
2 999
7 418
-
-
total
7 029
17 387
-
-
Income
80 500
80 500
80 500
80 500
Total tax
34 614
39 928
33 440
33 738
After tax
45 886
40 572
47 060
46 762
Living cost
29 488
29 488
29 488
29 488
Free-cash
16 398
11 084
17 572
17 274

Estimated living cost  is ₽29488 per week

₽17102
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2996
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽559
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8832
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28827
₽32337
₽31411
₽29322
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
12 075
social contributions
-
-
-
11 109
health
-
-
-
5 619
total
-
-
-
28 803
Employee
32 437
-
80 500
-
social contributions
4 477
-
11 109
-
income
5 410
-
11 149
-
health
2 264
-
5 619
-
total
12 151
-
27 877
-
Employer
32 437
-
80 500
-
total
-
-
-
-
Corporate
48 063
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%.

2 404
4 025
-
-
total
2 404
4 025
-
-
Dividends
45 660
76 475
-
-
social contributions
6 301
10 553
-
-
withholding
6 850
11 472
-
-
health
3 186
5 337
-
-
total
16 337
27 362
-
-
Income
80 500
80 500
80 500
80 500
Total tax
30 892
31 387
27 877
28 803
After tax
49 608
49 113
52 623
51 697
Living cost
20 286
20 286
20 286
20 286
Free-cash
29 322
28 827
32 337
31 411

Estimated living cost  is ₽20286 per week

₽13576
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1251
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.
₽4991
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽11672
-₽6933
₽8870
₽10194
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
10 493
surtax
-
-
-
189
unemployment
-
-
-
5 868
chamber of commerce
-
-
-
321
health
-
-
-
6 158
pensions
-
-
-
14 892
total
-
-
-
37 921
Employee
47 810
38 125
62 360
-
other
477
381
623
-
unemployment
1 434
1 144
1 870
-
pensions
4 896
3 903
6 385
-
income
5 443
2 812
9 615
-
health
1 850
1 476
2 413
-
total
14 100
9 716
20 906
-
Employer
47 810
38 125
62 360
-
chamber of commerce
191
152
249
-
health
1 806
1 441
2 356
-
pensions
6 000
4 786
7 826
-
accident
621
496
812
-
unemployment
1 434
1 144
1 870
-
surtax
189
189
189
-
payroll
1 434
1 144
1 870
-
other
2 271
1 810
2 963
-
total
13 946
11 162
18 135
-
Corporate
18 743
31 214
58 734
-
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.

4 686
7 803
14 683
-
total
4 686
7 803
14 683
-
Dividends
14 058
23 411
-
-
withholding
3 865
6 438
-
-
total
3 865
6 438
-
-
Income
80 500
80 500
80 500
80 500
Total tax
36 597
35 119
53 724
37 921
After tax
43 903
45 381
26 776
42 579
Living cost
33 709
33 709
33 709
33 709
Free-cash
10 194
11 672
-6 933
8 870

Estimated living cost  is ₽33709 per week

₽22483
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2876
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽554
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7797
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽10322
-₽2590
₽4542
-₽7851
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
communal

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

-
-
-
4 127
social contributions
-
-
-
11 739
national
-
-
-
25 210
total
-
-
-
41 076
Employee

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

68 431
-
62 353
-
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.

595
-
543
-
communal

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

3 569
-
3 251
-
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.

5 132
-
4 677
-
national
21 039
-
18 660
-
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.

3 215
-
2 930
-
total
33 550
-
30 061
-
Employer

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

68 431
-
62 353
-
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.

4 208
-
3 834
-
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.

6 064
-
5 524
-
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.

890
-
810
-
unemployment

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

999
-
910
-
surtax
7 759
-
7 069
-
total
19 920
-
18 147
-
Corporate
-
80 500
-
-
income
-
16 100
-
-
surtax
-
321
-
-
total
-
16 421
-
-
Dividends
-
64 079
-
-
withholding

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

-
18 875
-
-
total
-
18 875
-
-
Income
80 500
80 500
80 500
80 500
Total tax
53 470
35 296
48 208
41 076
After tax
27 030
45 204
32 292
39 424
Living cost
34 882
34 882
34 882
34 882
Free-cash
-7 851
10 322
-2 590
4 542

Estimated living cost  is ₽34882 per week

₽22468
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3050
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽546
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8818
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽19724
₽8797
₽8227
₽12105
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
724
income
-
-
-
13 575
other
-
-
-
80
unemployment
-
-
-
563
pensions
-
-
-
22 782
total
-
-
-
37 724
Employee
47 621
-
61 040
-
other
47
-
62
-
unemployment
739
-
946
-
pensions
2 238
-
2 868
-
income
10 048
-
13 818
-
total
13 072
-
17 694
-
Employer
47 621
-
61 040
-
pensions
11 238
-
14 406
-
accident
942
-
1 209
-
unemployment
2 620
-
3 357
-
other
379
-
488
-
total
15 179
-
19 460
-
Corporate
17 700
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.

2 654
12 075
-
-
total
2 654
12 075
-
-
Dividends
15 046
68 425
-
-
withholding
2 941
14 152
-
-
total
2 941
14 152
-
-
Income
80 500
80 500
80 500
80 500
Total tax
33 846
26 227
37 154
37 724
After tax
46 654
54 273
43 346
42 776
Living cost
34 549
34 549
34 549
34 549
Free-cash
12 105
19 724
8 797
8 227

Estimated living cost  is ₽34549 per week

₽25442
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2451
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.
₽6158
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽2306
-₽306
-₽4305
-₽603
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
communal
-
-
-
5 087
accident
-
-
-
679
income
-
-
-
5 337
surtax
-
-
-
3 990
health
-
-
-
5 657
pensions
-
-
-
12 066
total
-
-
-
32 816
Employee
72 448
-
71 907
-
pensions
5 795
-
5 753
-
surtax
4 441
-
4 406
-
income
6 998
-
6 865
-
health
3 224
-
3 201
-
total
20 458
-
20 225
-
Employer
72 448
-
71 907
-
health
2 209
-
2 193
-
pensions
5 795
-
5 753
-
accident
652
-
646
-
total
8 656
-
8 592
-
Corporate
-
80 500
-
-
communal
-
5 434
-
-
income
-
12 075
-
-
surtax
-
846
-
-
total
-
18 355
-
-
Dividends
-
62 146
-
-
income
-
3 140
-
-
withholding
-
9 322
-
-
total
-
12 462
-
-
Income
80 500
80 500
80 500
80 500
Total tax
29 114
30 817
28 817
32 816
After tax
51 386
49 683
51 683
47 684
Living cost
51 989
51 989
51 989
51 989
Free-cash
-603
-2 306
-306
-4 305

Estimated living cost  is ₽51989 per week

₽39000
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3150
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽550
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9288
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽29146
₽19943
₽21484
₽26106
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
14 008
other
-
-
-
-
surtax
-
-
-
1 487
unemployment
-
-
-
218
health
-
-
-
5 715
pensions
-
-
-
16 100
total
-
-
-
37 528
Employee
32 217
-
66 501
-
other
-
-
-
-
unemployment
2 242
-
4 628
-
pensions
2 150
-
4 435
-
surtax
114
-
1 311
-
income
5 401
-
12 999
-
health
822
-
1 697
-
total
10 729
-
25 070
-
Employer
32 217
-
66 501
-
health
1 465
-
3 026
-
pensions
4 295
-
8 865
-
unemployment
1 022
-
2 108
-
other
-
-
-
-
total
6 782
-
13 999
-
Corporate
41 500
80 500
-
-
income
10 789
20 930
-
-
total
10 789
20 930
-
-
Dividends
30 711
59 570
-
-
withholding
4 606
8 936
-
-
total
4 606
8 936
-
-
Income
80 500
80 500
80 500
80 500
Total tax
32 906
29 866
39 069
37 528
After tax
47 594
50 634
41 431
42 972
Living cost
21 488
21 488
21 488
21 488
Free-cash
26 106
29 146
19 943
21 484

Estimated living cost  is ₽21488 per week

₽12973
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1868
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽499
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6149
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽16541
₽12480
₽16293
₽14419
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
regional
-
-
-
1 213
municipal
-
-
-
477
national
-
-
-
16 041
total
-
-
-
38 436
Employee
53 068
-
80 500
-
municipal
281
-
427
-
national
8 407
-
13 594
-
regional
714
-
1 083
-
social contributions
17 895
-
27 145
-
total
27 297
-
42 249
-
Employer
53 068
-
80 500
-
total
-
-
-
-
Corporate
27 432
80 500
-
-
municipal
1 363
4 001
-
-
nationa
6 583
19 320
-
-
total
7 946
23 321
-
-
Dividends
19 486
57 179
-
-
withholding
5 067
14 867
-
-
total
5 067
14 867
-
-
Income
80 500
80 500
80 500
80 500
Total tax
40 310
38 188
42 249
38 436
After tax
40 190
42 312
38 251
42 064
Living cost
25 771
25 771
25 771
25 771
Free-cash
14 419
16 541
12 480
16 293

Estimated living cost  is ₽25771 per week

₽16027
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2611
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽441
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6692
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽26107
₽11533
₽9890
₽15650
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
6 919
social contributions
-
-
-
23 506
solidarity contribution
-
-
-
-
health
-
-
-
10 868
total
-
-
-
41 293
Employee
43 113
-
60 075
-
solidarity contribution
-
-
-
-
social contributions
2 802
-
3 905
-
income
5 174
-
7 209
-
health
5 820
-
8 110
-
total
13 796
-
19 224
-
Employer
43 113
-
60 075
-
health
3 880
-
5 407
-
social contributions
10 778
-
15 019
-
total
14 658
-
20 426
-
Corporate
22 728
80 500
-
-
income
4 318
15 295
-
-
total
4 318
15 295
-
-
Dividends
18 410
65 205
-
-
withholding
2 761
9 781
-
-
total
2 761
9 781
-
-
Income
80 500
80 500
80 500
80 500
Total tax
35 533
25 076
39 650
41 293
After tax
44 967
55 424
40 850
39 207
Living cost
29 317
29 317
29 317
29 317
Free-cash
15 650
26 107
11 533
9 890

Estimated living cost  is ₽29317 per week

₽21802
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1624
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽507
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5384
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽14962
-₽3706
₽12247
₽14491
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
10 493
surtax
-
-
-
-
unemployment
-
-
-
5 868
chamber of commerce
-
-
-
321
health
-
-
-
6 158
pensions
-
-
-
14 892
total
-
-
-
37 732
Employee
41 819
38 125
62 507
-
other
418
381
625
-
unemployment
1 254
1 144
1 875
-
pensions
4 283
3 903
6 401
-
income
3 725
2 812
9 655
-
health
1 618
1 476
2 418
-
total
11 298
9 716
20 974
-
Employer
41 819
38 125
62 507
-
chamber of commerce
167
152
251
-
health
1 581
1 441
2 362
-
pensions
5 249
4 786
7 845
-
accident
543
496
813
-
unemployment
1 254
1 144
1 875
-
surtax
-
-
-
-
payroll
1 254
1 144
1 875
-
other
1 986
1 810
2 970
-
total
12 034
10 973
17 991
-
Corporate
26 646
31 403
58 878
-
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.

6 661
7 850
14 720
-
total
6 661
7 850
14 720
-
Dividends
19 985
23 553
-
-
withholding
5 495
6 478
-
-
total
5 495
6 478
-
-
Income
80 500
80 500
80 500
80 500
Total tax
35 488
35 017
53 685
37 732
After tax
45 012
45 483
26 815
42 768
Living cost
30 521
30 521
30 521
30 521
Free-cash
14 491
14 962
-3 706
12 247

Estimated living cost  is ₽30521 per week

₽18309
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3117
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽545
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8551
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64209
₽52134
₽67429
₽61909
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
15 333
-
80 500
-
income
3 067
-
16 100
-
total
3 067
-
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%.

65 167
80 500
-
-
total
-
-
-
-
Dividends
65 167
80 500
-
-
withholding
3 258
4 025
-
-
total
3 258
4 025
-
-
Income
80 500
80 500
80 500
80 500
Total tax
6 325
4 025
16 100
805
After tax
74 175
76 475
64 400
79 695
Living cost
12 266
12 266
12 266
12 266
Free-cash
61 909
64 209
52 134
67 429

Estimated living cost  is ₽12266 per week

₽8301
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽515
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.
₽3039
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽29765
₽14346
₽16651
₽21764
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
15 442
unemployment
-
-
-
122
health
-
-
-
7 923
pensions
-
-
-
14 702
total
-
-
-
38 189
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.

42 304
-
69 654
-
unemployment
60
-
98
-
pensions
6 557
-
10 797
-
income
7 295
-
14 254
-
health
2 732
-
4 499
-
total
16 644
-
29 648
-
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.

42 304
-
69 654
-
health
2 818
-
4 639
-
pensions
3 743
-
6 165
-
unemployment
25
-
42
-
total
6 586
-
10 846
-
Corporate
31 609
80 500
-
-
income
6 006
15 295
-
-
total
6 006
15 295
-
-
Dividends
25 604
65 205
-
-
withholding
3 840
9 780
-
-
total
3 840
9 780
-
-
Income
80 500
80 500
80 500
80 500
Total tax
33 076
25 075
40 494
38 189
After tax
47 424
55 425
40 006
42 311
Living cost
25 660
25 660
25 660
25 660
Free-cash
21 764
29 765
14 346
16 651

Estimated living cost  is ₽25660 per week

₽17610
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1645
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.
₽5909
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽7397
₽26244
₽14053
-₽63181
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
15 691
social contributions
-
-
-
9 177
total
-
-
-
24 868
Employee
59 619
-
-
-
social contributions
4 889
-
697
-
income
13 151
-
-
-
total
18 040
-
697
-
Employer
59 619
-
-
-
social contributions
84 062
-
11 980
-
total
84 062
-
11 980
-
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
102 102
31 524
12 677
24 868
After tax
-21 602
48 976
67 823
55 632
Living cost
41 579
41 579
41 579
41 579
Free-cash
-63 181
7 397
26 244
14 053

Estimated living cost  is ₽41579 per week

₽26978
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3911
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽530
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10160
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽15780
₽11928
₽15446
₽14818
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
7 072
surtax
-
-
-
-
social contributions

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

-
-
-
27 974
total
-
-
-
35 046
Employee
43 999
-
65 050
-
surtax
-
-
-
-
social contributions
4 840
-
7 155
-
income
9 152
-
15 959
-
total
13 992
-
23 114
-
Employer
43 999
-
65 050
-
social contributions
10 450
-
15 450
-
total
10 450
-
15 450
-
Corporate
26 051
80 500
-
-
income
5 470
16 906
-
-
surtax
-
-
-
-
total
5 470
16 906
-
-
Dividends
20 581
63 594
-
-
withholding
5 762
17 806
-
-
total
5 762
17 806
-
-
Income
80 500
80 500
80 500
80 500
Total tax
35 674
34 712
38 564
35 046
After tax
44 826
45 788
41 936
45 454
Living cost
30 008
30 008
30 008
30 008
Free-cash
14 818
15 780
11 928
15 446

Estimated living cost  is ₽30008 per week

₽22452
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1770
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.
₽5285
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽5634
₽854
₽556
₽941
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
5 509
other
-
-
-
2 496
surtax
-
-
-
-
social contributions
-
-
-
2 295
health
-
-
-
695
pensions
-
-
-
22 743
total
-
-
-
33 738
Employee
59 918
-
61 343
-
pensions
6 777
-
6 937
-
surtax
-
-
-
-
social contributions
1 707
-
1 748
-
income
5 228
-
5 598
-
total
13 712
-
14 283
-
Employer
59 918
-
61 343
-
health
4 194
-
4 294
-
pensions
9 845
-
10 079
-
unemployment
2 427
-
2 484
-
social contributions
180
-
183
-
other
2 068
-
2 117
-
total
18 714
-
19 157
-
Corporate
1 868
80 500
-
-
income
523
22 541
-
-
surtax
-
-
-
-
total
523
22 541
-
-
Dividends
1 345
57 959
-
-
surtax
-
-
-
-
social contributions
232
9 969
-
-
withholding
172
7 418
-
-
total
404
17 387
-
-
Income
80 500
80 500
80 500
80 500
Total tax
33 353
39 928
33 440
33 738
After tax
47 147
40 572
47 060
46 762
Living cost
46 206
46 206
46 206
46 206
Free-cash
941
-5 634
854
556

Estimated living cost  is ₽46206 per week

₽31271
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3780
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽634
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10521
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽43693
₽35330
₽33073
₽40480
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
960
social contributions
-
-
-
17 710
total
-
-
-
18 670
Employee
30 756
-
69 698
-
income
-
-
1 080
-
social contributions
1 999
-
4 531
-
total
1 999
-
5 611
-
Employer
30 756
-
69 698
-
social contributions
4 767
-
10 802
-
total
4 767
-
10 802
-
Corporate
44 977
80 500
-
-
income
4 497
8 050
-
-
total
4 497
8 050
-
-
Dividends
40 480
72 450
-
-
total
-
-
-
-
Income
80 500
80 500
80 500
80 500
Total tax
11 263
8 050
16 413
18 670
After tax
69 237
72 450
64 087
61 830
Living cost
28 757
28 757
28 757
28 757
Free-cash
40 480
43 693
35 330
33 073

Estimated living cost  is ₽28757 per week

₽18594
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2168
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽541
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7454
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽127735
-₽127735
₽4576
-₽127735
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
6 374
municipal
-
-
-
14 385
national
-
-
-
8 308
pensions
-
-
-
828
total
-
-
-
29 895
Employee
194 276
194 276
194 276
-
municipal
41 370
41 370
41 370
-
labour market
15 520
15 520
15 520
-
pensions
276
276
276
-
national
23 734
23 734
23 734
-
total
80 900
80 900
80 900
-
Employer
194 276
194 276
194 276
-
national
23 776
23 776
23 776
-
labour market
15 542
15 542
15 542
-
pensions
552
552
552
-
municipal
41 436
41 436
41 436
-
total
81 306
81 306
81 306
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
80 500
80 500
80 500
80 500
Total tax
162 206
162 206
162 206
29 895
After tax
-81 706
-81 706
-81 706
50 605
Living cost
46 029
46 029
46 029
46 029
Free-cash
-127 735
-127 735
-127 735
4 576

Estimated living cost  is ₽46029 per week

₽31502
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4072
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽708
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9746
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽14538
₽19485
₽34299
₽3291
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
245
income
-
-
-
18 377
other
-
-
-
360
health
-
-
-
2 119
pensions
-
-
-
4 042
total
-
-
-
25 143
Employee
33 126
-
67 035
-
pensions
3 730
-
7 412
-
income
4 544
-
11 405
-
health
3 793
-
7 675
-
total
12 067
-
26 492
-
Employer
33 126
-
67 035
-
pensions
5 386
-
10 703
-
accident
553
-
1 120
-
unemployment
812
-
1 642
-
total
6 751
-
13 465
-
Corporate
40 623
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.

36 561
72 450
-
-
total
36 561
72 450
-
-
Dividends
4 062
8 050
-
-
withholding
772
1 530
-
-
total
772
1 530
-
-
Income
80 500
80 500
80 500
80 500
Total tax
56 151
73 980
39 957
25 143
After tax
24 349
6 520
40 543
55 357
Living cost
21 058
21 058
21 058
21 058
Free-cash
3 291
-14 538
19 485
34 299

Estimated living cost  is ₽21058 per week

₽15328
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1200
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽395
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4134
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽17955
₽10394
₽22132
₽14304
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
841
municipal
-
-
-
14 339
national
-
-
-
6 459
total
-
-
-
21 639
Employee
50 332
-
67 723
-
municipal
8 244
-
11 069
-
unemployment
755
-
1 017
-
pensions
3 397
-
4 571
-
national
831
-
3 299
-
health
376
-
644
-
total
13 603
-
20 600
-
Employer
50 332
-
67 723
-
health
387
-
521
-
pensions
8 732
-
11 750
-
accident
51
-
67
-
unemployment
327
-
439
-
total
9 497
-
12 777
-
Corporate
20 671
80 500
-
-
income
4 134
16 100
-
-
total
4 134
16 100
-
-
Dividends

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

12 403
48 300
-
-
municipal
2 233
8 694
-
-
national
-
1 022
-
-
total
2 233
9 716
-
-
Income
80 500
80 500
80 500
80 500
Total tax
29 467
25 816
33 377
21 639
After tax
51 033
54 684
47 123
58 861
Living cost
36 729
36 729
36 729
36 729
Free-cash
14 304
17 955
10 394
22 132

Estimated living cost  is ₽36729 per week

₽23991
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3533
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽585
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8622
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽36717
₽36801
₽37022
₽31658
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
6 717
social contributions
-
-
-
12 558
health
-
-
-
2 053
total
-
-
-
21 328
Employee
73 563
73 563
73 563
-
social contributions
2 781
6 105
6 065
-
income
8 010
6 810
6 824
-
health
570
1 251
1 242
-
total
11 361
14 166
14 131
-
Employer
73 563
73 563
73 563
-
health
619
1 362
1 353
-
social contributions
2 781
6 105
6 065
-
total
3 400
7 467
7 418
-
Corporate
43 589
-
-
-
income
5 448
-
-
-
total
5 448
-
-
-
Dividends
38 141
-
-
-
withholding
6 483
-
-
-
total
6 483
-
-
-
Income
80 500
80 500
80 500
80 500
Total tax
26 692
21 633
21 549
21 328
After tax
53 808
58 867
58 951
59 172
Living cost
22 150
22 150
22 150
22 150
Free-cash
31 658
36 717
36 801
37 022

Estimated living cost  is ₽22150 per week

₽13275
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2173
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽490
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6213
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽51471
₽34516
₽48273
₽46608
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
7 464
unemployment
-
-
-
27
health
-
-
-
3 462
pensions
-
-
-
6 085
total
-
-
-
17 038
Employee

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

21 959
-
72 982
-
unemployment
109
-
365
-
pensions
3 293
-
10 947
-
income
1 501
-
5 762
-
health
1 866
-
6 203
-
total
6 769
-
23 277
-
Employer

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

21 959
-
72 982
-
health
944
-
3 139
-
pensions
1 207
-
4 014
-
unemployment
109
-
365
-
total
2 260
-
7 518
-
Corporate
56 281
80 500
-
-
income
5 065
7 246
-
-
total
5 065
7 246
-
-
Dividends
51 216
73 254
-
-
withholding
4 609
6 594
-
-
total
4 609
6 594
-
-
Income
80 500
80 500
80 500
80 500
Total tax
18 703
13 840
30 795
17 038
After tax
61 797
66 660
49 705
63 462
Living cost
15 189
15 189
15 189
15 189
Free-cash
46 608
51 471
34 516
48 273

Estimated living cost  is ₽15189 per week

₽9691
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1095
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽452
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3950
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽27966
₽17039
₽16469
₽22948
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
724
income
-
-
-
13 575
other
-
-
-
80
unemployment
-
-
-
563
pensions
-
-
-
22 782
total
-
-
-
37 724
Employee
35 374
-
61 040
-
other
34
-
62
-
unemployment
548
-
946
-
pensions
1 663
-
2 868
-
income
6 820
-
13 818
-
total
9 065
-
17 694
-
Employer
35 374
-
61 040
-
pensions
8 348
-
14 406
-
accident
701
-
1 209
-
unemployment
1 946
-
3 357
-
other
283
-
488
-
total
11 278
-
19 460
-
Corporate
33 849
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.

5 078
12 075
-
-
total
5 078
12 075
-
-
Dividends
28 771
68 425
-
-
withholding
5 824
14 152
-
-
total
5 824
14 152
-
-
Income
80 500
80 500
80 500
80 500
Total tax
31 245
26 227
37 154
37 724
After tax
49 255
54 273
43 346
42 776
Living cost
26 307
26 307
26 307
26 307
Free-cash
22 948
27 966
17 039
16 469

Estimated living cost  is ₽26307 per week

₽17757
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2529
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽461
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5561
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽48365
₽49229
₽49361
₽48060
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
26 922
health
-
-
-
988
pensions
-
-
-
1 362
total
-
-
-
29 272
Employee
2 844
-
78 968
-
unemployment
28
-
68
-
pensions
256
-
613
-
income
550
-
26 850
-
health
142
-
341
-
total
976
-
27 872
-
Employer
2 844
-
78 968
-
health
270
-
647
-
pensions
313
-
749
-
unemployment
57
-
136
-
total
640
-
1 532
-
Corporate
77 016
80 500
-
-
income
16 943
17 710
-
-
total
16 943
17 710
-
-
Dividends
60 072
62 790
-
-
withholding
12 014
12 558
-
-
total
12 014
12 558
-
-
Income
80 500
80 500
80 500
80 500
Total tax
30 573
30 268
29 404
29 272
After tax
49 927
50 232
51 096
51 228
Living cost
1 867
1 867
1 867
1 867
Free-cash
48 060
48 365
49 229
49 361

Estimated living cost  is ₽1867 per week

₽1110
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽151
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽43
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽564
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽41616
₽24805
₽24207
₽36909
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
13 021
unemployment
-
-
-
1 061
health
-
-
-
7 283
pensions
-
-
-
18 383
total
-
-
-
39 748
Employee

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

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

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

24 949
-
68 278
-
unemployment
187
-
512
-
pensions
3 493
-
9 559
-
income
3 439
-
13 342
-
health
1 285
-
3 516
-
total
8 404
-
26 929
-
Employer

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

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

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

24 949
-
68 278
-
health
1 285
-
3 516
-
pensions
2 994
-
8 193
-
unemployment
187
-
512
-
total
4 466
-
12 221
-
Corporate
51 085
80 500
-
-
income
7 663
12 075
-
-
total
7 663
12 075
-
-
Dividends
43 422
68 425
-
-
withholding
6 513
10 264
-
-
total
6 513
10 264
-
-
Income
80 500
80 500
80 500
80 500
Total tax
27 046
22 339
39 150
39 748
After tax
53 454
58 161
41 350
40 752
Living cost
16 545
16 545
16 545
16 545
Free-cash
36 909
41 616
24 805
24 207

Estimated living cost  is ₽16545 per week

₽11140
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1280
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽479
Clothing and shoes. We estimate one pair of shoes and 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 Belgrade model

Close
Porto , Portugal
₽19997
₽16145
₽19663
₽19652
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
7 072
surtax
-
-
-
-
social contributions

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

-
-
-
27 974
total
-
-
-
35 046
Employee
37 131
-
65 050
-
surtax
-
-
-
-
social contributions
4 085
-
7 155
-
income
7 255
-
15 959
-
total
11 340
-
23 114
-
Employer
37 131
-
65 050
-
social contributions
8 818
-
15 450
-
total
8 818
-
15 450
-
Corporate
34 552
80 500
-
-
income
7 256
16 906
-
-
surtax
-
-
-
-
total
7 256
16 906
-
-
Dividends
27 295
63 594
-
-
withholding
7 643
17 806
-
-
total
7 643
17 806
-
-
Income
80 500
80 500
80 500
80 500
Total tax
35 057
34 712
38 564
35 046
After tax
45 443
45 788
41 936
45 454
Living cost
25 791
25 791
25 791
25 791
Free-cash
19 652
19 997
16 145
19 663

Estimated living cost  is ₽25791 per week

₽18267
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1792
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽457
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5276
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽20651
₽9724
₽9154
₽13355
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
724
income
-
-
-
13 575
other
-
-
-
80
unemployment
-
-
-
563
pensions
-
-
-
22 782
total
-
-
-
37 724
Employee
46 203
-
61 040
-
other
45
-
62
-
unemployment
715
-
946
-
pensions
2 171
-
2 868
-
income
9 650
-
13 818
-
total
12 581
-
17 694
-
Employer
46 203
-
61 040
-
pensions
10 904
-
14 406
-
accident
915
-
1 209
-
unemployment
2 542
-
3 357
-
other
370
-
488
-
total
14 731
-
19 460
-
Corporate
19 567
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.

2 936
12 075
-
-
total
2 936
12 075
-
-
Dividends
16 631
68 425
-
-
withholding
3 275
14 152
-
-
total
3 275
14 152
-
-
Income
80 500
80 500
80 500
80 500
Total tax
33 523
26 227
37 154
37 724
After tax
46 977
54 273
43 346
42 776
Living cost
33 622
33 622
33 622
33 622
Free-cash
13 355
20 651
9 724
9 154

Estimated living cost  is ₽33622 per week

₽24146
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2614
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽474
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6389
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽52366
₽45243
₽43038
₽46533
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
12 075
unemployment
-
-
-
134
health
-
-
-
3 844
pensions

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

-
-
-
4 947
total
-
-
-
21 000
Employee
21 799
-
73 942
-
accident

We are using the highest rate at 1.1%.

240
-
368
-
pensions

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

1 914
-
2 935
-
income
2 180
-
7 394
-
health
1 003
-
1 538
-
total
5 337
-
12 235
-
Employer
21 799
-
73 942
-
health
1 504
-
2 307
-
pensions

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

2 402
-
3 684
-
accident

We are using the highest rate at 1.1%.

240
-
368
-
unemployment
131
-
201
-
total
4 277
-
6 560
-
Corporate
54 424
80 500
-
-
income
5 442
8 050
-
-
total
5 442
8 050
-
-
Dividends
48 982
72 450
-
-
withholding
2 449
3 622
-
-
total
2 449
3 622
-
-
Income
80 500
80 500
80 500
80 500
Total tax
17 505
11 672
18 795
21 000
After tax
62 995
68 828
61 705
59 500
Living cost
16 462
16 462
16 462
16 462
Free-cash
46 533
52 366
45 243
43 038

Estimated living cost  is ₽16462 per week

₽10888
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽942
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽393
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4240
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽4639
₽21964
₽16795
₽17155
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income

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

-
-
-
14 280
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.

-
-
-
786
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.

-
-
-
6 536
trade
-
-
-
5 169
total
-
-
-
26 771
Employee

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

47 600
-
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.

216
-
786
-
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.

3 914
-
14 280
-
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.

6 536
-
6 536
-
total
10 666
-
21 602
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
32 900
80 500
-
-
income
4 934
12 075
-
-
surtax

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

271
664
-
-
chamber of commerce
194
263
-
-
trade
4 720
11 552
-
-
total
10 119
24 554
-
-
Dividends
22 780
55 946
-
-
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.

294
750
-
-
withholding
5 332
13 623
-
-
total
5 626
14 373
-
-
Income
80 500
80 500
80 500
80 500
Total tax
26 411
38 927
21 602
26 771
After tax
54 089
41 573
58 898
53 729
Living cost
36 934
36 934
36 934
36 934
Free-cash
17 155
4 639
21 964
16 795

Estimated living cost  is ₽36934 per week

₽25478
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3974
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽536
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6946
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽1853
₽2776
₽2776
₽3967
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
16 388
social contributions
-
-
-
6 840
total
-
-
-
23 228
Employee
74 833
-
80 500
-
income
14 121
-
16 388
-
social contributions
6 217
-
6 840
-
total
20 338
-
23 228
-
Employer
74 833
-
80 500
-
total
-
-
-
-
Corporate
5 667
80 500
-
-
income
708
10 063
-
-
total
708
10 063
-
-
Dividends
4 959
70 437
-
-
withholding
991
14 088
-
-
total
991
14 088
-
-
Income
80 500
80 500
80 500
80 500
Total tax
22 037
24 151
23 228
23 228
After tax
58 463
56 349
57 272
57 272
Living cost
54 496
54 496
54 496
54 496
Free-cash
3 967
1 853
2 776
2 776

Estimated living cost  is ₽54496 per week

₽41460
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4441
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽521
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8075
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽12545
₽24157
₽12653
₽17800
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
27 232
health

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

-
-
-
5 888
total
-
-
-
33 120
Employee
43 886
-
76 099
-
income
4 762
-
12 814
-
social contributions
4 397
-
4 401
-
total
9 159
-
17 215
-
Employer
43 886
-
76 099
-
social contributions
4 397
-
4 401
-
total
4 397
-
4 401
-
Corporate
32 217
80 500
-
-
income
11 276
28 174
-
-
total
11 276
28 174
-
-
Dividends
20 941
52 326
-
-
social contributions
3 141
5 054
-
-
total
3 141
5 054
-
-
Income
80 500
80 500
80 500
80 500
Total tax
27 973
33 228
21 616
33 120
After tax
52 527
47 272
58 884
47 380
Living cost
34 727
34 727
34 727
34 727
Free-cash
17 800
12 545
24 157
12 653

Estimated living cost  is ₽34727 per week

₽22875
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2738
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.
₽8582
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽25026
₽15599
₽24583
₽19666
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
14 968
pensions
-
-
-
5 660
total
-
-
-
20 628
Employee
48 439
-
71 124
-
pensions
3 697
-
6 419
-
income
8 821
-
12 721
-
health
632
-
1 096
-
total
13 150
-
20 236
-
Employer
48 439
-
71 124
-
health
921
-
1 352
-
pensions
4 894
-
8 024
-
total
5 815
-
9 376
-
Corporate
26 246
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.

4 986
15 295
-
-
total
4 986
15 295
-
-
Dividends
21 260
65 205
-
-
withholding
1 594
4 890
-
-
total
1 594
4 890
-
-
Income
80 500
80 500
80 500
80 500
Total tax
25 545
20 185
29 612
20 628
After tax
54 955
60 315
50 888
59 872
Living cost
35 289
35 289
35 289
35 289
Free-cash
19 666
25 026
15 599
24 583

Estimated living cost  is ₽35289 per week

₽24208
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3245
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽441
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7392
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽16623
₽17400
₽32214
₽2971
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
245
income
-
-
-
18 377
other
-
-
-
360
health
-
-
-
2 119
pensions
-
-
-
4 042
total
-
-
-
25 143
Employee
36 405
-
67 035
-
pensions
4 099
-
7 412
-
income
4 994
-
11 405
-
health
4 168
-
7 675
-
total
13 261
-
26 492
-
Employer
36 405
-
67 035
-
pensions
5 919
-
10 703
-
accident
608
-
1 120
-
unemployment
892
-
1 642
-
total
7 419
-
13 465
-
Corporate
36 676
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.

33 009
72 450
-
-
total
33 009
72 450
-
-
Dividends
3 667
8 050
-
-
withholding
697
1 530
-
-
total
697
1 530
-
-
Income
80 500
80 500
80 500
80 500
Total tax
54 386
73 980
39 957
25 143
After tax
26 114
6 520
40 543
55 357
Living cost
23 143
23 143
23 143
23 143
Free-cash
2 971
-16 623
17 400
32 214

Estimated living cost  is ₽23143 per week

₽16984
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1349
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽466
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4344
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽55519
₽34640
₽33512
₽50874
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
11 945
unemployment
-
-
-
966
work injury
-
-
-
402
health insurance
-
-
-
5 957
pensions
-
-
-
14 812
total
-
-
-
34 082
Employee

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

20 649
-
80 500
-
health insurance
1 528
-
5 653
-
unemployment
248
-
917
-
work injury
103
-
382
-
pensions
3 799
-
14 057
-
income
2 065
-
11 945
-
total
7 743
-
32 954
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
59 851
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
59 851
80 500
-
-
withholding
8 978
12 075
-
-
total
8 978
12 075
-
-
Income
80 500
80 500
80 500
80 500
Total tax
16 721
12 075
32 954
34 082
After tax
63 779
68 425
47 546
46 418
Living cost
12 905
12 905
12 905
12 905
Free-cash
50 874
55 519
34 640
33 512

Estimated living cost  is ₽12905 per week

₽7995
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽938
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽403
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3570
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Skopje model

Close
Rome , Italy
₽4290
-₽47
₽3637
-₽116
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
regional
-
-
-
1 468
municipal
-
-
-
537
national
-
-
-
16 041
total
-
-
-
38 751
Employee
80 615
-
80 500
-
municipal
481
-
481
-
national
13 623
-
13 594
-
regional
1 217
-
1 215
-
social contributions
27 183
-
27 145
-
total
42 504
-
42 435
-
Employer
80 615
-
80 500
-
total
-
-
-
-
Corporate
-
80 500
-
-
municipal
-
3 880
-
-
nationa
-
19 320
-
-
total
-
23 200
-
-
Dividends
-
57 300
-
-
withholding
-
14 898
-
-
total
-
14 898
-
-
Income
80 500
80 500
80 500
80 500
Total tax
42 504
38 098
42 435
38 751
After tax
37 996
42 402
38 065
41 749
Living cost
38 112
38 112
38 112
38 112
Free-cash
-116
4 290
-47
3 637

Estimated living cost  is ₽38112 per week

₽26771
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2622
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽576
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8142
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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