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
₽10449
₽28967
₽23615
₽21520
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
13 642
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.

-
-
-
750
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.

-
-
-
6 835
trade
-
-
-
5 352
total
-
-
-
26 579
Employee

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

38 269
-
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.

59
-
750
-
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.

1 069
-
13 642
-
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.

6 835
-
6 835
-
total
7 963
-
21 227
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
42 231
80 500
-
-
income
6 334
12 076
-
-
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.

347
665
-
-
chamber of commerce
213
268
-
-
trade
6 651
12 680
-
-
total
13 545
25 689
-
-
Dividends
28 686
54 812
-
-
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.

374
733
-
-
withholding
6 792
13 323
-
-
total
7 166
14 056
-
-
Income
80 500
80 500
80 500
80 500
Total tax
28 674
39 745
21 227
26 579
After tax
51 826
40 755
59 273
53 921
Living cost
30 306
30 306
30 306
30 306
Free-cash
21 520
10 449
28 967
23 615

Estimated living cost  is ₽30306 per week

₽19063
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3534
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽566
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7143
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽2819
-₽3054
-₽3685
-₽9202
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 083
national
-
-
-
12 526
pensions
-
-
-
9 660
total
-
-
-
31 134
Employee
82 238
-
69 592
-
municipal
10 158
-
8 395
-
pensions
3 290
-
2 784
-
national
15 740
-
13 009
-
total
29 188
-
24 188
-
Employer
82 238
-
69 592
-
pensions
6 579
-
5 567
-
social contributions
884
-
748
-
total
7 463
-
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
36 651
30 268
30 503
31 134
After tax
43 849
50 232
49 997
49 366
Living cost
53 051
53 051
53 051
53 051
Free-cash
-9 202
-2 819
-3 054
-3 685

Estimated living cost  is ₽53051 per week

₽36058
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4931
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽794
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11267
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽43585
₽24781
₽22381
₽35378
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
11 422
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
-
-
-
37 303
Employee
29 236
-
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.

3 216
-
7 135
-
income
5 204
-
12 140
-
total
8 420
-
19 275
-
Employer
29 236
-
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.

7 042
-
15 628
-
surtax
-
-
-
-
total
7 042
-
15 628
-
Corporate
44 221
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%.

8 844
16 099
-
-
total
8 844
16 099
-
-
Dividends

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

35 377
64 401
-
-
total
-
-
-
-
Income
80 500
80 500
80 500
80 500
Total tax
24 306
16 099
34 903
37 303
After tax
56 194
64 401
45 597
43 197
Living cost
20 816
20 816
20 816
20 816
Free-cash
35 378
43 585
24 781
22 381

Estimated living cost  is ₽20816 per week

₽13280
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1982
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽473
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5081
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽13240
-₽18856
₽3887
-₽18856
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
12 102
health
-
-
-
10 874
pensions
-
-
-
11 723
total
-
-
-
34 699
Employee
85 442
85 442
85 442
-
pensions
15 380
11 723
15 380
-
income

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

13 986
13 986
13 986
-
health
13 114
11 155
13 114
-
total
42 480
36 864
42 480
-
Employer
85 442
85 442
85 442
-
health
5 939
5 939
5 939
-
pensions
5 947
5 947
5 947
-
unemployment
3 076
3 076
3 076
-
total
14 962
14 962
14 962
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
80 500
80 500
80 500
80 500
Total tax
57 442
51 826
57 442
34 699
After tax
23 058
28 674
23 058
45 801
Living cost
41 914
41 914
41 914
41 914
Free-cash
-18 856
-13 240
-18 856
3 887

Estimated living cost  is ₽41914 per week

₽29704
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3778
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽666
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7766
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽2852
₽1887
-₽972
₽1930
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
80
health
-
-
-
5 023
municipal
-
-
-
17 051
national
-
-
-
-
pensions
-
-
-
8 702
total
-
-
-
40 371
Employee
58 565
-
61 254
-
municipal
17 464
-
18 266
-
national
-
-
-
-
total
17 464
-
18 266
-
Employer
58 565
-
61 254
-
health
3 602
-
3 767
-
pensions
6 331
-
6 621
-
accident
117
-
123
-
unemployment
1 546
-
1 617
-
other
6 805
-
7 118
-
total
18 401
-
19 246
-
Corporate
3 534
80 500
-
-
income
777
17 710
-
-
total
777
17 710
-
-
Dividends
2 756
62 790
-
-
withholding
827
18 837
-
-
total
827
18 837
-
-
Income
80 500
80 500
80 500
80 500
Total tax
37 469
36 547
37 512
40 371
After tax
43 031
43 953
42 988
40 129
Living cost
41 101
41 101
41 101
41 101
Free-cash
1 930
2 852
1 887
-972

Estimated living cost  is ₽41101 per week

₽27240
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4033
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽624
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9204
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽1038
₽19968
₽14378
₽15100
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
13 642
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.

-
-
-
750
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.

-
-
-
6 835
trade
-
-
-
5 590
total
-
-
-
26 817
Employee

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

50 740
-
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.

239
-
750
-
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.

4 359
-
13 642
-
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.

6 835
-
6 835
-
total
11 433
-
21 227
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
29 760
80 500
-
-
income
4 464
12 076
-
-
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.

245
665
-
-
chamber of commerce
194
266
-
-
trade
4 895
13 242
-
-
total
9 798
26 249
-
-
Dividends
19 963
54 252
-
-
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.

254
725
-
-
withholding
4 610
13 183
-
-
total
4 864
13 908
-
-
Income
80 500
80 500
80 500
80 500
Total tax
26 095
40 157
21 227
26 817
After tax
54 405
40 343
59 273
53 683
Living cost
39 305
39 305
39 305
39 305
Free-cash
15 100
1 038
19 968
14 378

Estimated living cost  is ₽39305 per week

₽26288
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4145
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽587
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8286
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽25423
₽26085
₽27026
₽22434
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
6 410
social contributions
-
-
-
12 558
health
-
-
-
2 053
total
-
-
-
21 021
Employee
76 937
76 937
76 937
-
social contributions
3 739
6 385
6 066
-
income
8 079
7 122
7 236
-
health
765
1 308
1 242
-
total
12 583
14 815
14 544
-
Employer
76 937
76 937
76 937
-
health
834
1 424
1 352
-
social contributions
3 739
6 385
6 066
-
total
4 573
7 809
7 418
-
Corporate
30 892
-
-
-
income
3 862
-
-
-
total
3 862
-
-
-
Dividends
27 030
-
-
-
withholding
4 595
-
-
-
total
4 595
-
-
-
Income
80 500
80 500
80 500
80 500
Total tax
25 613
22 624
21 962
21 021
After tax
54 887
57 876
58 538
59 479
Living cost
32 453
32 453
32 453
32 453
Free-cash
22 434
25 423
26 085
27 026

Estimated living cost  is ₽32453 per week

₽22185
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2535
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.
₽7189
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽27055
₽28297
₽37395
₽27437
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 208
health
-
-
-
5 635
pensions
-
-
-
8 050
total
-
-
-
24 734
Employee

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

The minimum wage is 138,000 HUF per month.

26 520
10 554
67 364
-
unemployment
398
158
1 010
-
pensions
2 652
1 055
6 736
-
income
3 242
1 290
8 235
-
health
1 856
739
4 715
-
total
8 148
3 242
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.

26 520
10 554
67 364
-
pensions
5 171
2 058
13 136
-
total
5 171
2 058
13 136
-
Corporate
48 809
67 887
-
-
income
4 393
6 110
-
-
total
4 393
6 110
-
-
Dividends
44 416
61 778
-
-
social contributions
8 541
11 926
-
-
withholding
8 439
11 738
-
-
total
16 980
23 664
-
-
Income
80 500
80 500
80 500
80 500
Total tax
34 692
35 074
33 832
24 734
After tax
45 808
45 426
46 668
55 766
Living cost
18 371
18 371
18 371
18 371
Free-cash
27 437
27 055
28 297
37 395

Estimated living cost  is ₽18371 per week

₽12537
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1503
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽367
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3964
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽40234
₽22234
₽18979
₽34017
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
10 466
pensions
-
-
-
16 101
total
-
-
-
37 354
Employee
28 384
-
60 163
-
unemployment
454
-
963
-
pensions
568
-
1 204
-
income
3 196
-
11 599
-
total
4 218
-
13 766
-
Employer
28 384
-
60 163
-
health
3 689
-
7 821
-
pensions
5 677
-
12 032
-
unemployment
228
-
480
-
total
9 594
-
20 333
-
Corporate
42 522
80 500
-
-
income
8 504
16 099
-
-
total
8 504
16 099
-
-
Dividends
34 018
64 401
-
-
total
-
-
-
-
Income
80 500
80 500
80 500
80 500
Total tax
22 316
16 099
34 099
37 354
After tax
58 184
64 401
46 401
43 146
Living cost
24 167
24 167
24 167
24 167
Free-cash
34 017
40 234
22 234
18 979

Estimated living cost  is ₽24167 per week

₽16576
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.
₽486
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5666
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽15782
₽18289
₽33081
₽3100
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
256
income
-
-
-
18 056
other
-
-
-
376
health
-
-
-
2 211
pensions
-
-
-
4 218
total
-
-
-
25 117
Employee
35 083
-
66 872
-
pensions
3 950
-
7 530
-
income
4 813
-
11 095
-
health
4 017
-
7 656
-
total
12 780
-
26 281
-
Employer
35 083
-
66 872
-
pensions
5 705
-
10 873
-
accident
586
-
1 117
-
unemployment
859
-
1 638
-
total
7 150
-
13 628
-
Corporate
38 268
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.

34 441
72 450
-
-
total
34 441
72 450
-
-
Dividends
3 827
8 050
-
-
withholding
727
1 530
-
-
total
727
1 530
-
-
Income
80 500
80 500
80 500
80 500
Total tax
55 098
73 980
39 909
25 117
After tax
25 402
6 520
40 591
55 383
Living cost
22 302
22 302
22 302
22 302
Free-cash
3 100
-15 782
18 289
33 081

Estimated living cost  is ₽22302 per week

₽16346
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1236
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.
₽4256
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽68410
₽56335
₽71630
₽66898
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We expect you will register a microenterprise to benefit from 1% tax rate. Otherwise you will be taxed at a personal income rate of 20%.

-
-
-
80 500
microenterprise

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

-
-
-
805
total
-
-
-
805
Employee
10 081
-
80 500
-
income
2 016
-
16 100
-
total
2 016
-
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%.

70 419
80 500
-
-
total
-
-
-
-
Dividends
70 419
80 500
-
-
withholding
3 521
4 025
-
-
total
3 521
4 025
-
-
Income
80 500
80 500
80 500
80 500
Total tax
5 537
4 025
16 100
805
After tax
74 963
76 475
64 400
79 695
Living cost
8 065
8 065
8 065
8 065
Free-cash
66 898
68 410
56 335
71 630

Estimated living cost  is ₽8065 per week

₽4998
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽670
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽222
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2175
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽32484
₽20521
₽16931
₽25724
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 824
health
-
-
-
3 541
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.

-
-
-
19 319
total
-
-
-
36 909
Employee
36 329
-
64 296
-
unemployment
363
-
644
-
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.

2 542
-
4 502
-
income
6 254
-
11 068
-
health
509
-
900
-
total
9 668
-
17 114
-
Employer
36 329
-
64 296
-
health
509
-
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.

6 177
-
10 931
-
accident
291
-
515
-
unemployment
363
-
644
-
other
1 817
-
3 215
-
total
9 157
-
16 205
-
Corporate
35 016
80 500
-
-
income
7 354
16 904
-
-
total
7 354
16 904
-
-
Dividends
27 662
63 596
-
-
withholding
1 937
4 452
-
-
total
1 937
4 452
-
-
Income
80 500
80 500
80 500
80 500
Total tax
28 116
21 356
33 319
36 909
After tax
52 384
59 144
47 181
43 591
Living cost
26 660
26 660
26 660
26 660
Free-cash
25 724
32 484
20 521
16 931

Estimated living cost  is ₽26660 per week

₽18837
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1800
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽429
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5594
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽6014
-₽15310
-₽6398
-₽26205
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
14 981
pensions
-
-
-
5 589
total
-
-
-
20 570
Employee
93 844
-
71 193
-
pensions
9 053
-
6 336
-
income
16 916
-
12 756
-
health
1 546
-
1 083
-
total
27 515
-
20 175
-
Employer
93 844
-
71 193
-
health
1 782
-
1 352
-
pensions
11 080
-
7 955
-
total
12 862
-
9 307
-
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.

-
15 296
-
-
total
-
15 296
-
-
Dividends
-
65 204
-
-
withholding
-
4 890
-
-
total
-
4 890
-
-
Income
80 500
80 500
80 500
80 500
Total tax
40 377
20 186
29 482
20 570
After tax
40 123
60 314
51 018
59 930
Living cost
66 328
66 328
66 328
66 328
Free-cash
-26 205
-6 014
-15 310
-6 398

Estimated living cost  is ₽66328 per week

₽49701
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7793
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽539
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8295
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽55714
₽48108
₽45983
₽51068
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
140
health
-
-
-
4 018
pensions

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

-
-
-
5 171
total
-
-
-
21 404
Employee
17 364
-
73 646
-
accident

We are using the highest rate at 1.1%.

191
-
384
-
pensions

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

1 525
-
3 068
-
income
1 736
-
7 365
-
health
799
-
1 607
-
total
4 251
-
12 424
-
Employer
17 364
-
73 646
-
health
1 198
-
2 411
-
pensions

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

1 914
-
3 850
-
accident

We are using the highest rate at 1.1%.

191
-
384
-
unemployment
104
-
210
-
total
3 407
-
6 855
-
Corporate
59 729
80 500
-
-
income
5 973
8 050
-
-
total
5 973
8 050
-
-
Dividends
53 756
72 450
-
-
withholding
2 688
3 623
-
-
total
2 688
3 623
-
-
Income
80 500
80 500
80 500
80 500
Total tax
16 319
11 673
19 279
21 404
After tax
64 181
68 827
61 221
59 096
Living cost
13 113
13 113
13 113
13 113
Free-cash
51 068
55 714
48 108
45 983

Estimated living cost  is ₽13113 per week

₽7656
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽936
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽347
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4174
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽26808
-₽32424
-₽9681
-₽28506
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
12 102
health
-
-
-
10 874
pensions
-
-
-
11 723
total
-
-
-
34 699
Employee
92 763
85 442
85 442
-
pensions
11 723
11 723
15 380
-
income

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

13 986
13 986
13 986
-
health
11 573
11 155
13 114
-
total
37 282
36 864
42 480
-
Employer
92 763
85 442
85 442
-
health
6 446
5 939
5 939
-
pensions
6 456
5 947
5 947
-
unemployment
3 340
3 076
3 076
-
total
16 242
14 962
14 962
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
80 500
80 500
80 500
80 500
Total tax
53 524
51 826
57 442
34 699
After tax
26 976
28 674
23 058
45 801
Living cost
55 482
55 482
55 482
55 482
Free-cash
-28 506
-26 808
-32 424
-9 681

Estimated living cost  is ₽55482 per week

₽40927
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4956
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽636
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8964
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽30564
₽15990
₽14347
₽21695
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
36 559
-
60 075
-
solidarity contribution
-
-
-
-
social contributions
2 376
-
3 905
-
income
4 387
-
7 209
-
health
4 936
-
8 110
-
total
11 699
-
19 224
-
Employer
36 559
-
60 075
-
health
3 290
-
5 407
-
social contributions
9 140
-
15 019
-
total
12 430
-
20 426
-
Corporate
31 511
80 500
-
-
income
5 987
15 295
-
-
total
5 987
15 295
-
-
Dividends
25 524
65 205
-
-
withholding
3 829
9 781
-
-
total
3 829
9 781
-
-
Income
80 500
80 500
80 500
80 500
Total tax
33 945
25 076
39 650
41 293
After tax
46 555
55 424
40 850
39 207
Living cost
24 860
24 860
24 860
24 860
Free-cash
21 695
30 564
15 990
14 347

Estimated living cost  is ₽24860 per week

₽17268
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1769
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽489
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5335
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽732
-₽3321
₽508
-₽8422
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
20 706
regional
-
-
-
854
municipal
-
-
-
478
national
-
-
-
15 735
total
-
-
-
37 773
Employee
88 922
-
80 500
-
municipal
471
-
427
-
national
15 408
-
13 287
-
regional
839
-
744
-
social contributions
29 985
-
27 144
-
total
46 703
-
41 602
-
Employer
88 922
-
80 500
-
total
-
-
-
-
Corporate
-
80 500
-
-
municipal
-
3 139
-
-
nationa
-
19 319
-
-
total
-
22 458
-
-
Dividends
-
58 042
-
-
withholding
-
15 091
-
-
total
-
15 091
-
-
Income
80 500
80 500
80 500
80 500
Total tax
46 703
37 549
41 602
37 773
After tax
33 797
42 951
38 898
42 727
Living cost
42 219
42 219
42 219
42 219
Free-cash
-8 422
732
-3 321
508

Estimated living cost  is ₽42219 per week

₽29430
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2768
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽647
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9372
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28556
₽19690
₽21343
₽25441
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
13 654
other
-
-
-
-
surtax
-
-
-
1 380
unemployment
-
-
-
228
health
-
-
-
5 717
pensions
-
-
-
16 099
total
-
-
-
37 078
Employee
33 087
-
66 501
-
other
-
-
-
-
unemployment
2 303
-
4 629
-
pensions
2 206
-
4 435
-
surtax
108
-
1 223
-
income
5 546
-
12 748
-
health
845
-
1 696
-
total
11 008
-
24 731
-
Employer
33 087
-
66 501
-
health
1 506
-
3 027
-
pensions
4 411
-
8 865
-
unemployment
1 048
-
2 108
-
other
-
-
-
-
total
6 965
-
14 000
-
Corporate
40 448
80 500
-
-
income
10 517
20 930
-
-
total
10 517
20 930
-
-
Dividends
29 931
59 570
-
-
withholding
4 490
8 935
-
-
total
4 490
8 935
-
-
Income
80 500
80 500
80 500
80 500
Total tax
32 980
29 865
38 731
37 078
After tax
47 520
50 635
41 769
43 422
Living cost
22 079
22 079
22 079
22 079
Free-cash
25 441
28 556
19 690
21 343

Estimated living cost  is ₽22079 per week

₽13500
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2037
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽509
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6032
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽15001
₽5705
₽14617
₽7197
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
14 981
pensions
-
-
-
5 589
total
-
-
-
20 570
Employee
62 892
-
71 193
-
pensions
5 338
-
6 336
-
income
11 327
-
12 756
-
health
913
-
1 083
-
total
17 578
-
20 175
-
Employer
62 892
-
71 193
-
health
1 195
-
1 352
-
pensions
6 808
-
7 955
-
total
8 003
-
9 307
-
Corporate
9 606
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.

1 826
15 296
-
-
total
1 826
15 296
-
-
Dividends
7 780
65 204
-
-
withholding
583
4 890
-
-
total
583
4 890
-
-
Income
80 500
80 500
80 500
80 500
Total tax
27 990
20 186
29 482
20 570
After tax
52 510
60 314
51 018
59 930
Living cost
45 313
45 313
45 313
45 313
Free-cash
7 197
15 001
5 705
14 617

Estimated living cost  is ₽45313 per week

₽33948
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3396
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.
₽7494
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽42437
-₽15604
-₽11485
-₽21073
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
1 610
regional
-
-
-
2 288
health
-
-
-
258
city
-
-
-
847
national
-
-
-
329
pensions
-
-
-
7 407
total
-
-
-
12 739
Employee
92 738
-
72 051
-
unemployment
-
-
-
-
pensions
7 791
-
6 053
-
national
439
-
274
-
regional
3 037
-
1 938
-
city
995
-
773
-
health
210
-
163
-
total
12 472
-
9 201
-
Employer
92 738
-
72 051
-
health
210
-
163
-
pensions
7 791
-
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.

1 854
-
1 441
-
total
9 855
-
7 657
-
Corporate
-
80 500
-
-
regional
-
17 026
-
-
national
-
6 843
-
-
total
-
23 869
-
-
Dividends
-
56 632
-
-
withholding
-
19 822
-
-
total
-
19 822
-
-
Income
80 500
80 500
80 500
80 500
Total tax
22 327
43 691
16 858
12 739
After tax
58 173
36 809
63 642
67 761
Living cost
79 246
79 246
79 246
79 246
Free-cash
-21 073
-42 437
-15 604
-11 485

Estimated living cost  is ₽79246 per week

₽51533
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7111
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽973
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽19629
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽5908
₽13438
₽7611
₽10320
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
13 642
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.

-
-
-
750
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.

-
-
-
6 835
trade
-
-
-
5 827
total
-
-
-
27 054
Employee

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

60 131
-
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.

389
-
750
-
income

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

7 071
-
13 642
-
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.

6 835
-
6 835
-
total
14 295
-
21 227
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
20 369
80 500
-
-
income
3 055
12 076
-
-
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.

167
665
-
-
chamber of commerce
180
266
-
-
trade
3 494
13 806
-
-
total
6 896
26 813
-
-
Dividends
13 473
53 688
-
-
surtax

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

165
718
-
-
withholding
2 989
13 042
-
-
total
3 154
13 760
-
-
Income
80 500
80 500
80 500
80 500
Total tax
24 345
40 573
21 227
27 054
After tax
56 155
39 927
59 273
53 446
Living cost
45 835
45 835
45 835
45 835
Free-cash
10 320
-5 908
13 438
7 611

Estimated living cost  is ₽45835 per week

₽33476
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3666
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽596
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8098
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽6342
₽13297
₽12533
₽12251
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
4 771
other
-
-
-
2 495
surtax
-
-
-
-
social contributions
-
-
-
2 294
health
-
-
-
695
pensions
-
-
-
23 480
total
-
-
-
33 735
Employee
42 822
-
61 344
-
pensions
4 842
-
6 938
-
surtax
-
-
-
-
social contributions
1 221
-
1 749
-
income
2 527
-
5 126
-
total
8 590
-
13 813
-
Employer
42 822
-
61 344
-
health
2 998
-
4 295
-
pensions
7 035
-
10 078
-
unemployment
1 734
-
2 484
-
social contributions
129
-
184
-
other
1 477
-
2 117
-
total
13 373
-
19 158
-
Corporate
24 306
80 500
-
-
income
6 805
22 540
-
-
surtax
-
-
-
-
total
6 805
22 540
-
-
Dividends
17 501
57 960
-
-
surtax
-
-
-
-
social contributions
3 009
9 968
-
-
withholding
2 240
7 418
-
-
total
5 249
17 386
-
-
Income
80 500
80 500
80 500
80 500
Total tax
34 017
39 926
32 971
33 735
After tax
46 483
40 574
47 529
46 765
Living cost
34 232
34 232
34 232
34 232
Free-cash
12 251
6 342
13 297
12 533

Estimated living cost  is ₽34232 per week

₽21585
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2784
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽583
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9283
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽9734
₽16689
₽15925
₽15289
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
4 771
other
-
-
-
2 495
surtax
-
-
-
-
social contributions
-
-
-
2 294
health
-
-
-
695
pensions
-
-
-
23 480
total
-
-
-
33 735
Employee
38 224
-
61 344
-
pensions
4 323
-
6 938
-
surtax
-
-
-
-
social contributions
1 090
-
1 749
-
income
1 971
-
5 126
-
total
7 384
-
13 813
-
Employer
38 224
-
61 344
-
health
2 675
-
4 295
-
pensions
6 281
-
10 078
-
unemployment
1 547
-
2 484
-
social contributions
114
-
184
-
other
1 320
-
2 117
-
total
11 937
-
19 158
-
Corporate
30 338
80 500
-
-
income
8 495
22 540
-
-
surtax
-
-
-
-
total
8 495
22 540
-
-
Dividends
21 843
57 960
-
-
surtax
-
-
-
-
social contributions
3 758
9 968
-
-
withholding
2 797
7 418
-
-
total
6 555
17 386
-
-
Income
80 500
80 500
80 500
80 500
Total tax
34 371
39 926
32 971
33 735
After tax
46 129
40 574
47 529
46 765
Living cost
30 840
30 840
30 840
30 840
Free-cash
15 289
9 734
16 689
15 925

Estimated living cost  is ₽30840 per week

₽17886
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3133
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.
₽9237
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽27897
₽31634
₽30481
₽28415
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
12 076
social contributions
-
-
-
11 109
health
-
-
-
5 618
total
-
-
-
28 803
Employee
33 924
-
80 500
-
social contributions
4 682
-
11 109
-
income
5 658
-
10 923
-
health
2 368
-
5 618
-
total
12 708
-
27 650
-
Employer
33 924
-
80 500
-
total
-
-
-
-
Corporate
46 576
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%.

2 330
4 025
-
-
total
2 330
4 025
-
-
Dividends
44 246
76 475
-
-
social contributions
6 106
10 553
-
-
withholding
6 636
11 472
-
-
health
3 089
5 337
-
-
total
15 831
27 362
-
-
Income
80 500
80 500
80 500
80 500
Total tax
30 869
31 387
27 650
28 803
After tax
49 631
49 113
52 850
51 697
Living cost
21 216
21 216
21 216
21 216
Free-cash
28 415
27 897
31 634
30 481

Estimated living cost  is ₽21216 per week

₽14199
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1308
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽488
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5220
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽10202
-₽8062
₽7517
₽8655
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
10 021
surtax
-
-
-
197
unemployment
-
-
-
6 137
chamber of commerce
-
-
-
323
health
-
-
-
6 158
pensions
-
-
-
14 892
total
-
-
-
37 728
Employee
50 003
39 873
62 358
-
other
499
399
623
-
unemployment
1 500
1 196
1 870
-
pensions
5 121
4 082
6 385
-
income
5 692
2 941
9 233
-
health
1 935
1 544
2 413
-
total
14 747
10 162
20 524
-
Employer
50 003
39 873
62 358
-
chamber of commerce
199
159
249
-
health
1 889
1 508
2 356
-
pensions
6 275
5 005
7 827
-
accident
649
518
811
-
unemployment
1 500
1 196
1 870
-
surtax
197
197
197
-
payroll
1 500
1 196
1 870
-
other
2 375
1 893
2 962
-
total
14 584
11 672
18 142
-
Corporate
15 911
28 954
58 560
-
income

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

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

3 978
7 238
14 641
-
total
3 978
7 238
14 641
-
Dividends
11 934
21 716
-
-
withholding
3 281
5 971
-
-
total
3 281
5 971
-
-
Income
80 500
80 500
80 500
80 500
Total tax
36 590
35 043
53 307
37 728
After tax
43 910
45 457
27 193
42 772
Living cost
35 255
35 255
35 255
35 255
Free-cash
8 655
10 202
-8 062
7 517

Estimated living cost  is ₽35255 per week

₽23514
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3008
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽579
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8155
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽8739
-₽3931
₽3323
-₽11903
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
80 500
communal

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

-
-
-
4 139
social contributions
-
-
-
11 502
national
-
-
-
25 055
total
-
-
-
40 696
Employee

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

71 569
-
62 350
-
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.

623
-
543
-
communal

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

3 733
-
3 253
-
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.

5 368
-
4 677
-
national
22 003
-
18 396
-
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.

3 363
-
2 932
-
total
35 090
-
29 801
-
Employer

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

71 569
-
62 350
-
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.

4 401
-
3 835
-
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.

6 342
-
5 523
-
accident

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

930
-
811
-
unemployment

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

1 044
-
909
-
surtax
8 115
-
7 071
-
total
20 832
-
18 149
-
Corporate
-
80 500
-
-
income
-
16 099
-
-
surtax
-
323
-
-
total
-
16 422
-
-
Dividends
-
64 078
-
-
withholding

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

-
18 858
-
-
total
-
18 858
-
-
Income
80 500
80 500
80 500
80 500
Total tax
55 922
35 280
47 950
40 696
After tax
24 578
45 220
32 550
39 804
Living cost
36 481
36 481
36 481
36 481
Free-cash
-11 903
8 739
-3 931
3 323

Estimated living cost  is ₽36481 per week

₽23499
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3190
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽572
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9222
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽18148
₽7364
₽6795
₽10180
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
725
income
-
-
-
13 421
other
-
-
-
80
unemployment
-
-
-
564
pensions
-
-
-
22 781
total
-
-
-
37 571
Employee
49 805
-
61 040
-
other
49
-
61
-
unemployment
773
-
946
-
pensions
2 341
-
2 869
-
income
10 508
-
13 666
-
total
13 671
-
17 542
-
Employer
49 805
-
61 040
-
pensions
11 753
-
14 406
-
accident
985
-
1 209
-
unemployment
2 740
-
3 357
-
other
397
-
488
-
total
15 875
-
19 460
-
Corporate
14 820
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.

2 223
12 076
-
-
total
2 223
12 076
-
-
Dividends
12 597
68 424
-
-
withholding
2 417
14 142
-
-
total
2 417
14 142
-
-
Income
80 500
80 500
80 500
80 500
Total tax
34 186
26 218
37 002
37 571
After tax
46 314
54 282
43 498
42 929
Living cost
36 134
36 134
36 134
36 134
Free-cash
10 180
18 148
7 364
6 795

Estimated living cost  is ₽36134 per week

₽26609
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2563
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽520
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6440
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽4590
-₽2238
-₽6319
-₽4324
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
678
income
-
-
-
4 967
surtax
-
-
-
3 991
health
-
-
-
5 656
pensions
-
-
-
12 066
total
-
-
-
32 445
Employee
75 770
-
71 906
-
pensions
6 061
-
5 753
-
surtax
4 644
-
4 407
-
income
7 319
-
6 412
-
health
3 372
-
3 199
-
total
21 396
-
19 771
-
Employer
75 770
-
71 906
-
health
2 311
-
2 193
-
pensions
6 061
-
5 753
-
accident
682
-
647
-
total
9 054
-
8 593
-
Corporate
-
80 500
-
-
communal
-
5 434
-
-
income
-
12 076
-
-
surtax
-
845
-
-
total
-
18 355
-
-
Dividends
-
62 145
-
-
income
-
3 038
-
-
withholding
-
9 323
-
-
total
-
12 361
-
-
Income
80 500
80 500
80 500
80 500
Total tax
30 450
30 716
28 364
32 445
After tax
50 050
49 784
52 136
48 055
Living cost
54 374
54 374
54 374
54 374
Free-cash
-4 324
-4 590
-2 238
-6 319

Estimated living cost  is ₽54374 per week

₽40788
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3294
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽575
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9714
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28162
₽19296
₽20949
₽24978
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
13 654
other
-
-
-
-
surtax
-
-
-
1 380
unemployment
-
-
-
228
health
-
-
-
5 717
pensions
-
-
-
16 099
total
-
-
-
37 078
Employee
33 695
-
66 501
-
other
-
-
-
-
unemployment
2 345
-
4 629
-
pensions
2 248
-
4 435
-
surtax
120
-
1 223
-
income
5 649
-
12 748
-
health
860
-
1 696
-
total
11 222
-
24 731
-
Employer
33 695
-
66 501
-
health
1 532
-
3 027
-
pensions
4 492
-
8 865
-
unemployment
1 069
-
2 108
-
other
-
-
-
-
total
7 093
-
14 000
-
Corporate
39 712
80 500
-
-
income
10 325
20 930
-
-
total
10 325
20 930
-
-
Dividends
29 386
59 570
-
-
withholding
4 409
8 935
-
-
total
4 409
8 935
-
-
Income
80 500
80 500
80 500
80 500
Total tax
33 049
29 865
38 731
37 078
After tax
47 451
50 635
41 769
43 422
Living cost
22 473
22 473
22 473
22 473
Free-cash
24 978
28 162
19 296
20 949

Estimated living cost  is ₽22473 per week

₽13568
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1954
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽522
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6431
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽15361
₽11607
₽15415
₽13138
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
20 706
regional
-
-
-
1 214
municipal
-
-
-
478
national
-
-
-
15 735
total
-
-
-
38 133
Employee
55 502
-
80 500
-
municipal
294
-
427
-
national
8 793
-
13 287
-
regional
747
-
1 083
-
social contributions
18 716
-
27 144
-
total
28 550
-
41 941
-
Employer
55 502
-
80 500
-
total
-
-
-
-
Corporate
24 998
80 500
-
-
municipal
1 242
4 001
-
-
nationa
6 000
19 319
-
-
total
7 242
23 320
-
-
Dividends
17 757
57 180
-
-
withholding
4 618
14 867
-
-
total
4 618
14 867
-
-
Income
80 500
80 500
80 500
80 500
Total tax
40 410
38 187
41 941
38 133
After tax
40 090
42 313
38 559
42 367
Living cost
26 952
26 952
26 952
26 952
Free-cash
13 138
15 361
11 607
15 415

Estimated living cost  is ₽26952 per week

₽16762
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2730
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.
₽6999
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽24790
₽10216
₽8573
₽13861
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
45 050
-
60 075
-
solidarity contribution
-
-
-
-
social contributions
2 928
-
3 905
-
income
5 406
-
7 209
-
health
6 082
-
8 110
-
total
14 416
-
19 224
-
Employer
45 050
-
60 075
-
health
4 055
-
5 407
-
social contributions
11 263
-
15 019
-
total
15 318
-
20 426
-
Corporate
20 132
80 500
-
-
income
3 825
15 295
-
-
total
3 825
15 295
-
-
Dividends
16 307
65 205
-
-
withholding
2 446
9 781
-
-
total
2 446
9 781
-
-
Income
80 500
80 500
80 500
80 500
Total tax
36 005
25 076
39 650
41 293
After tax
44 495
55 424
40 850
39 207
Living cost
30 634
30 634
30 634
30 634
Free-cash
13 861
24 790
10 216
8 573

Estimated living cost  is ₽30634 per week

₽22782
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1697
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.
₽5626
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽13642
-₽4690
₽11048
₽13146
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
10 021
surtax
-
-
-
-
unemployment
-
-
-
6 137
chamber of commerce
-
-
-
323
health
-
-
-
6 158
pensions
-
-
-
14 892
total
-
-
-
37 531
Employee
43 737
39 873
62 508
-
other
437
399
625
-
unemployment
1 312
1 196
1 876
-
pensions
4 479
4 082
6 401
-
income
3 896
2 941
9 277
-
health
1 692
1 544
2 419
-
total
11 816
10 162
20 598
-
Employer
43 737
39 873
62 508
-
chamber of commerce
175
159
251
-
health
1 654
1 508
2 362
-
pensions
5 489
5 005
7 846
-
accident
568
518
813
-
unemployment
1 312
1 196
1 876
-
surtax
-
-
-
-
payroll
1 312
1 196
1 876
-
other
2 077
1 893
2 970
-
total
12 587
11 475
17 994
-
Corporate
24 177
29 151
58 710
-
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.

6 044
7 287
14 677
-
total
6 044
7 287
14 677
-
Dividends
18 133
21 864
-
-
withholding
4 986
6 013
-
-
total
4 986
6 013
-
-
Income
80 500
80 500
80 500
80 500
Total tax
35 433
34 937
53 269
37 531
After tax
45 067
45 563
27 231
42 969
Living cost
31 921
31 921
31 921
31 921
Free-cash
13 146
13 642
-4 690
11 048

Estimated living cost  is ₽31921 per week

₽19149
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3260
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.
₽8943
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63907
₽51832
₽67127
₽61551
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
15 710
-
80 500
-
income
3 142
-
16 100
-
total
3 142
-
16 100
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

64 790
80 500
-
-
total
-
-
-
-
Dividends
64 790
80 500
-
-
withholding
3 239
4 025
-
-
total
3 239
4 025
-
-
Income
80 500
80 500
80 500
80 500
Total tax
6 381
4 025
16 100
805
After tax
74 119
76 475
64 400
79 695
Living cost
12 568
12 568
12 568
12 568
Free-cash
61 551
63 907
51 832
67 127

Estimated living cost  is ₽12568 per week

₽8505
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽528
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽421
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3114
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28589
₽13363
₽15668
₽20217
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
15 250
unemployment
-
-
-
122
health
-
-
-
7 921
pensions
-
-
-
14 702
total
-
-
-
37 995
Employee

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

44 244
-
69 653
-
unemployment
63
-
97
-
pensions
6 858
-
10 796
-
income
7 630
-
14 061
-
health
2 858
-
4 500
-
total
17 409
-
29 454
-
Employer

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

44 244
-
69 653
-
health
2 947
-
4 639
-
pensions
3 915
-
6 165
-
unemployment
27
-
42
-
total
6 889
-
10 846
-
Corporate
29 367
80 500
-
-
income
5 580
15 294
-
-
total
5 580
15 294
-
-
Dividends
23 787
65 206
-
-
withholding
3 568
9 780
-
-
total
3 568
9 780
-
-
Income
80 500
80 500
80 500
80 500
Total tax
33 446
25 074
40 300
37 995
After tax
47 054
55 426
40 200
42 505
Living cost
26 837
26 837
26 837
26 837
Free-cash
20 217
28 589
13 363
15 668

Estimated living cost  is ₽26837 per week

₽18418
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1720
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽520
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6180
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽5165
₽23332
₽11821
-₽70892
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
62 818
-
-
-
social contributions
5 151
-
734
-
income
13 856
-
-
-
total
19 007
-
734
-
Employer
62 818
-
-
-
social contributions
88 574
-
12 623
-
total
88 574
-
12 623
-
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
107 581
31 524
13 357
24 868
After tax
-27 081
48 976
67 143
55 632
Living cost
43 811
43 811
43 811
43 811
Free-cash
-70 892
5 165
23 332
11 821

Estimated living cost  is ₽43811 per week

₽28426
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4120
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽558
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10706
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽14406
₽10800
₽14169
₽13397
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
6 973
surtax
-
-
-
-
social contributions

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

-
-
-
27 974
total
-
-
-
34 947
Employee
46 017
-
65 050
-
surtax
-
-
-
-
social contributions
5 062
-
7 156
-
income
9 572
-
15 710
-
total
14 634
-
22 866
-
Employer
46 017
-
65 050
-
social contributions
10 929
-
15 450
-
total
10 929
-
15 450
-
Corporate
23 554
80 500
-
-
income
4 946
16 904
-
-
surtax
-
-
-
-
total
4 946
16 904
-
-
Dividends
18 608
63 596
-
-
withholding
5 210
17 806
-
-
total
5 210
17 806
-
-
Income
80 500
80 500
80 500
80 500
Total tax
35 719
34 710
38 316
34 947
After tax
44 781
45 790
42 184
45 553
Living cost
31 384
31 384
31 384
31 384
Free-cash
13 397
14 406
10 800
14 169

Estimated living cost  is ₽31384 per week

₽23481
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1851
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽524
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5527
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽7751
-₽796
-₽1560
-₽1739
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
4 771
other
-
-
-
2 495
surtax
-
-
-
-
social contributions
-
-
-
2 294
health
-
-
-
695
pensions
-
-
-
23 480
total
-
-
-
33 735
Employee
62 666
-
61 344
-
pensions
7 088
-
6 938
-
surtax
-
-
-
-
social contributions
1 785
-
1 749
-
income
5 468
-
5 126
-
total
14 341
-
13 813
-
Employer
62 666
-
61 344
-
health
4 386
-
4 295
-
pensions
10 297
-
10 078
-
unemployment
2 539
-
2 484
-
social contributions
188
-
184
-
other
2 163
-
2 117
-
total
19 573
-
19 158
-
Corporate
-
80 500
-
-
income
-
22 540
-
-
surtax
-
-
-
-
total
-
22 540
-
-
Dividends
-
57 960
-
-
surtax
-
-
-
-
social contributions
-
9 968
-
-
withholding
-
7 418
-
-
total
-
17 386
-
-
Income
80 500
80 500
80 500
80 500
Total tax
33 914
39 926
32 971
33 735
After tax
46 586
40 574
47 529
46 765
Living cost
48 325
48 325
48 325
48 325
Free-cash
-1 739
-7 751
-796
-1 560

Estimated living cost  is ₽48325 per week

₽32705
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3953
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽663
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11003
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽42373
₽34112
₽31853
₽39013
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
860
social contributions
-
-
-
17 711
total
-
-
-
18 571
Employee
32 166
-
69 696
-
income
-
-
980
-
social contributions
2 090
-
4 530
-
total
2 090
-
5 510
-
Employer
32 166
-
69 696
-
social contributions
4 986
-
10 802
-
total
4 986
-
10 802
-
Corporate
43 348
80 500
-
-
income
4 335
8 051
-
-
total
4 335
8 051
-
-
Dividends
39 013
72 449
-
-
total
-
-
-
-
Income
80 500
80 500
80 500
80 500
Total tax
11 411
8 051
16 312
18 571
After tax
69 089
72 449
64 188
61 929
Living cost
30 076
30 076
30 076
30 076
Free-cash
39 013
42 373
34 112
31 853

Estimated living cost  is ₽30076 per week

₽19447
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2267
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽566
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7796
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽137383
-₽137383
₽2607
-₽137383
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
6 371
municipal
-
-
-
14 254
national
-
-
-
8 240
pensions
-
-
-
867
total
-
-
-
29 732
Employee
203 277
203 277
203 277
-
municipal
43 287
43 287
43 287
-
labour market
16 239
16 239
16 239
-
pensions
289
289
289
-
national
24 834
24 834
24 834
-
total
84 649
84 649
84 649
-
Employer
203 277
203 277
203 277
-
national
24 877
24 877
24 877
-
labour market
16 262
16 262
16 262
-
pensions
578
578
578
-
municipal
43 356
43 356
43 356
-
total
85 073
85 073
85 073
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
80 500
80 500
80 500
80 500
Total tax
169 722
169 722
169 722
29 732
After tax
-89 222
-89 222
-89 222
50 768
Living cost
48 161
48 161
48 161
48 161
Free-cash
-137 383
-137 383
-137 383
2 607

Estimated living cost  is ₽48161 per week

₽32962
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4260
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽741
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10198
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽15453
₽18618
₽33410
₽3151
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
256
income
-
-
-
18 056
other
-
-
-
376
health
-
-
-
2 211
pensions
-
-
-
4 218
total
-
-
-
25 117
Employee
34 565
-
66 872
-
pensions
3 892
-
7 530
-
income
4 742
-
11 095
-
health
3 958
-
7 656
-
total
12 592
-
26 281
-
Employer
34 565
-
66 872
-
pensions
5 620
-
10 873
-
accident
577
-
1 117
-
unemployment
847
-
1 638
-
total
7 044
-
13 628
-
Corporate
38 890
80 500
-
-
income

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

35 001
72 450
-
-
total
35 001
72 450
-
-
Dividends
3 889
8 050
-
-
withholding
739
1 530
-
-
total
739
1 530
-
-
Income
80 500
80 500
80 500
80 500
Total tax
55 376
73 980
39 909
25 117
After tax
25 124
6 520
40 591
55 383
Living cost
21 973
21 973
21 973
21 973
Free-cash
3 151
-15 453
18 618
33 410

Estimated living cost  is ₽21973 per week

₽15994
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1253
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽412
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4314
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽16401
₽9058
₽20820
₽12404
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
822
municipal
-
-
-
14 343
national
-
-
-
6 101
total
-
-
-
21 266
Employee
52 641
-
67 720
-
municipal
8 622
-
11 071
-
unemployment
790
-
1 016
-
pensions
3 553
-
4 570
-
national
870
-
2 966
-
health
393
-
625
-
total
14 228
-
20 248
-
Employer
52 641
-
67 720
-
health
404
-
522
-
pensions
9 133
-
11 749
-
accident
53
-
68
-
unemployment
342
-
441
-
total
9 932
-
12 780
-
Corporate
17 927
80 500
-
-
income
3 585
16 099
-
-
total
3 585
16 099
-
-
Dividends

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

10 757
48 301
-
-
municipal
1 937
8 694
-
-
national
-
892
-
-
total
1 937
9 586
-
-
Income
80 500
80 500
80 500
80 500
Total tax
29 682
25 685
33 028
21 266
After tax
50 818
54 815
47 472
59 234
Living cost
38 414
38 414
38 414
38 414
Free-cash
12 404
16 401
9 058
20 820

Estimated living cost  is ₽38414 per week

₽25092
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3695
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽611
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9017
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽34711
₽35373
₽36314
₽30428
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
6 410
social contributions
-
-
-
12 558
health
-
-
-
2 053
total
-
-
-
21 021
Employee
76 937
76 937
76 937
-
social contributions
2 909
6 385
6 066
-
income
8 377
7 122
7 236
-
health
596
1 308
1 242
-
total
11 882
14 815
14 544
-
Employer
76 937
76 937
76 937
-
health
647
1 424
1 352
-
social contributions
2 909
6 385
6 066
-
total
3 556
7 809
7 418
-
Corporate
41 896
-
-
-
income
5 237
-
-
-
total
5 237
-
-
-
Dividends
36 660
-
-
-
withholding
6 232
-
-
-
total
6 232
-
-
-
Income
80 500
80 500
80 500
80 500
Total tax
26 907
22 624
21 962
21 021
After tax
53 593
57 876
58 538
59 479
Living cost
23 165
23 165
23 165
23 165
Free-cash
30 428
34 711
35 373
36 314

Estimated living cost  is ₽23165 per week

₽13883
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2273
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽513
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6497
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽50776
₽33832
₽47201
₽45686
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
7 399
unemployment
-
-
-
28
health
-
-
-
3 621
pensions
-
-
-
6 365
total
-
-
-
17 413
Employee

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

22 966
-
72 983
-
unemployment
114
-
365
-
pensions
3 444
-
10 948
-
income
1 570
-
5 748
-
health
1 952
-
6 203
-
total
7 080
-
23 264
-
Employer

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

22 966
-
72 983
-
health
987
-
3 139
-
pensions
1 263
-
4 014
-
unemployment
114
-
365
-
total
2 364
-
7 518
-
Corporate
55 170
80 500
-
-
income
4 965
7 246
-
-
total
4 965
7 246
-
-
Dividends
50 205
73 254
-
-
withholding
4 519
6 592
-
-
total
4 519
6 592
-
-
Income
80 500
80 500
80 500
80 500
Total tax
18 928
13 838
30 782
17 413
After tax
61 572
66 662
49 718
63 087
Living cost
15 886
15 886
15 886
15 886
Free-cash
45 686
50 776
33 832
47 201

Estimated living cost  is ₽15886 per week

₽10135
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1145
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽473
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4132
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽26768
₽15984
₽15415
₽21523
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
725
income
-
-
-
13 421
other
-
-
-
80
unemployment
-
-
-
564
pensions
-
-
-
22 781
total
-
-
-
37 571
Employee
36 996
-
61 040
-
other
36
-
61
-
unemployment
573
-
946
-
pensions
1 739
-
2 869
-
income
7 133
-
13 666
-
total
9 481
-
17 542
-
Employer
36 996
-
61 040
-
pensions
8 730
-
14 406
-
accident
733
-
1 209
-
unemployment
2 035
-
3 357
-
other
296
-
488
-
total
11 794
-
19 460
-
Corporate
31 709
80 500
-
-
income

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

4 756
12 076
-
-
total
4 756
12 076
-
-
Dividends
26 953
68 424
-
-
withholding
5 432
14 142
-
-
total
5 432
14 142
-
-
Income
80 500
80 500
80 500
80 500
Total tax
31 463
26 218
37 002
37 571
After tax
49 037
54 282
43 498
42 929
Living cost
27 514
27 514
27 514
27 514
Free-cash
21 523
26 768
15 984
15 415

Estimated living cost  is ₽27514 per week

₽18571
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2645
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽482
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5816
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽48292
₽49108
₽49246
₽47973
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
26 873
health
-
-
-
1 026
pensions
-
-
-
1 415
total
-
-
-
29 314
Employee
2 954
-
78 908
-
unemployment
30
-
71
-
pensions
266
-
637
-
income
571
-
26 799
-
health
148
-
354
-
total
1 015
-
27 861
-
Employer
2 954
-
78 908
-
health
281
-
672
-
pensions
325
-
778
-
unemployment
59
-
141
-
total
665
-
1 591
-
Corporate
76 881
80 500
-
-
income
16 914
17 710
-
-
total
16 914
17 710
-
-
Dividends
59 967
62 790
-
-
withholding
11 993
12 558
-
-
total
11 993
12 558
-
-
Income
80 500
80 500
80 500
80 500
Total tax
30 587
30 268
29 452
29 314
After tax
49 913
50 232
51 048
51 186
Living cost
1 940
1 940
1 940
1 940
Free-cash
47 973
48 292
49 108
49 246

Estimated living cost  is ₽1940 per week

₽1153
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽157
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽44
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽585
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽40859
₽24313
₽22921
₽35935
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
12 329
unemployment
-
-
-
1 109
health
-
-
-
7 615
pensions
-
-
-
19 224
total
-
-
-
40 277
Employee

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

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

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

26 090
-
68 278
-
unemployment
196
-
512
-
pensions
3 653
-
9 559
-
income
3 596
-
13 077
-
health
1 344
-
3 516
-
total
8 789
-
26 664
-
Employer

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

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

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

26 090
-
68 278
-
health
1 344
-
3 516
-
pensions
3 131
-
8 193
-
unemployment
196
-
512
-
total
4 671
-
12 221
-
Corporate
49 740
80 500
-
-
income
7 461
12 075
-
-
total
7 461
12 075
-
-
Dividends
42 279
68 425
-
-
withholding
6 342
10 264
-
-
total
6 342
10 264
-
-
Income
80 500
80 500
80 500
80 500
Total tax
27 263
22 339
38 885
40 277
After tax
53 237
58 161
41 615
40 223
Living cost
17 302
17 302
17 302
17 302
Free-cash
35 935
40 859
24 313
22 921

Estimated living cost  is ₽17302 per week

₽11649
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1338
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽3813
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽18816
₽15210
₽18579
₽18454
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
6 973
surtax
-
-
-
-
social contributions

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

-
-
-
27 974
total
-
-
-
34 947
Employee
38 833
-
65 050
-
surtax
-
-
-
-
social contributions
4 272
-
7 156
-
income
7 588
-
15 710
-
total
11 860
-
22 866
-
Employer
38 833
-
65 050
-
social contributions
9 222
-
15 450
-
total
9 222
-
15 450
-
Corporate
32 445
80 500
-
-
income
6 813
16 904
-
-
surtax
-
-
-
-
total
6 813
16 904
-
-
Dividends
25 632
63 596
-
-
withholding
7 177
17 806
-
-
total
7 177
17 806
-
-
Income
80 500
80 500
80 500
80 500
Total tax
35 072
34 710
38 316
34 947
After tax
45 428
45 790
42 184
45 553
Living cost
26 974
26 974
26 974
26 974
Free-cash
18 454
18 816
15 210
18 579

Estimated living cost  is ₽26974 per week

₽19105
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1874
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽478
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5518
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽19118
₽8335
₽7766
₽11490
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
725
income
-
-
-
13 421
other
-
-
-
80
unemployment
-
-
-
564
pensions
-
-
-
22 781
total
-
-
-
37 571
Employee
48 322
-
61 040
-
other
47
-
61
-
unemployment
748
-
946
-
pensions
2 271
-
2 869
-
income
10 093
-
13 666
-
total
13 159
-
17 542
-
Employer
48 322
-
61 040
-
pensions
11 404
-
14 406
-
accident
957
-
1 209
-
unemployment
2 658
-
3 357
-
other
387
-
488
-
total
15 406
-
19 460
-
Corporate
16 772
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.

2 516
12 076
-
-
total
2 516
12 076
-
-
Dividends
14 256
68 424
-
-
withholding
2 766
14 142
-
-
total
2 766
14 142
-
-
Income
80 500
80 500
80 500
80 500
Total tax
33 847
26 218
37 002
37 571
After tax
46 653
54 282
43 498
42 929
Living cost
35 164
35 164
35 164
35 164
Free-cash
11 490
19 118
8 335
7 766

Estimated living cost  is ₽35164 per week

₽25253
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2734
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽496
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6682
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽51622
₽44016
₽41891
₽45527
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
140
health
-
-
-
4 018
pensions

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

-
-
-
5 171
total
-
-
-
21 404
Employee
22 782
-
73 646
-
accident

We are using the highest rate at 1.1%.

250
-
384
-
pensions

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

2 000
-
3 068
-
income
2 279
-
7 365
-
health
1 048
-
1 607
-
total
5 577
-
12 424
-
Employer
22 782
-
73 646
-
health
1 572
-
2 411
-
pensions

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

2 511
-
3 850
-
accident

We are using the highest rate at 1.1%.

250
-
384
-
unemployment
137
-
210
-
total
4 470
-
6 855
-
Corporate
53 248
80 500
-
-
income
5 325
8 050
-
-
total
5 325
8 050
-
-
Dividends
47 923
72 450
-
-
withholding
2 396
3 623
-
-
total
2 396
3 623
-
-
Income
80 500
80 500
80 500
80 500
Total tax
17 768
11 673
19 279
21 404
After tax
62 732
68 827
61 221
59 096
Living cost
17 205
17 205
17 205
17 205
Free-cash
45 527
51 622
44 016
41 891

Estimated living cost  is ₽17205 per week

₽11379
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽985
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽410
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4431
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽2957
₽20645
₽15769
₽16047
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
13 642
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.

-
-
-
750
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.

-
-
-
6 835
trade
-
-
-
4 876
total
-
-
-
26 103
Employee

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

49 783
-
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.

226
-
750
-
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.

4 094
-
13 642
-
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.

6 835
-
6 835
-
total
11 155
-
21 227
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
30 717
80 500
-
-
income
4 608
12 076
-
-
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.

253
665
-
-
chamber of commerce
197
270
-
-
trade
4 407
11 552
-
-
total
9 465
24 563
-
-
Dividends
21 252
55 938
-
-
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.

272
748
-
-
withholding
4 933
13 604
-
-
total
5 205
14 352
-
-
Income
80 500
80 500
80 500
80 500
Total tax
25 825
38 915
21 227
26 103
After tax
54 675
41 585
59 273
54 397
Living cost
38 628
38 628
38 628
38 628
Free-cash
16 047
2 957
20 645
15 769

Estimated living cost  is ₽38628 per week

₽26647
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4156
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽560
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7264
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽645
₽1094
₽1094
₽1565
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
15 663
social contributions
-
-
-
6 748
total
-
-
-
22 411
Employee
78 265
-
80 500
-
income
14 768
-
15 663
-
social contributions
6 502
-
6 748
-
total
21 270
-
22 411
-
Employer
78 265
-
80 500
-
total
-
-
-
-
Corporate
2 235
80 500
-
-
income
279
10 063
-
-
total
279
10 063
-
-
Dividends
1 956
70 437
-
-
withholding
391
14 087
-
-
total
391
14 087
-
-
Income
80 500
80 500
80 500
80 500
Total tax
21 940
24 150
22 411
22 411
After tax
58 560
56 350
58 089
58 089
Living cost
56 995
56 995
56 995
56 995
Free-cash
1 565
-645
1 094
1 094

Estimated living cost  is ₽56995 per week

₽43361
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4644
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽8445
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽10719
₽22498
₽9680
₽16515
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
28 481
health

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

-
-
-
6 019
total
-
-
-
34 500
Employee
45 899
-
75 898
-
income
4 980
-
12 478
-
social contributions
4 599
-
4 602
-
total
9 579
-
17 080
-
Employer
45 899
-
75 898
-
social contributions
4 599
-
4 602
-
total
4 599
-
4 602
-
Corporate
30 002
80 500
-
-
income
10 500
28 175
-
-
total
10 500
28 175
-
-
Dividends
19 502
52 325
-
-
social contributions
2 987
5 286
-
-
total
2 987
5 286
-
-
Income
80 500
80 500
80 500
80 500
Total tax
27 665
33 461
21 682
34 500
After tax
52 835
47 039
58 818
46 000
Living cost
36 320
36 320
36 320
36 320
Free-cash
16 515
10 719
22 498
9 680

Estimated living cost  is ₽36320 per week

₽23924
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2863
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽556
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8975
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽23476
₽14180
₽23092
₽17881
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
14 981
pensions
-
-
-
5 589
total
-
-
-
20 570
Employee
50 566
-
71 193
-
pensions
3 859
-
6 336
-
income
9 208
-
12 756
-
health
660
-
1 083
-
total
13 727
-
20 175
-
Employer
50 566
-
71 193
-
health
961
-
1 352
-
pensions
5 109
-
7 955
-
total
6 070
-
9 307
-
Corporate
23 864
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.

4 534
15 296
-
-
total
4 534
15 296
-
-
Dividends
19 330
65 204
-
-
withholding
1 450
4 890
-
-
total
1 450
4 890
-
-
Income
80 500
80 500
80 500
80 500
Total tax
25 781
20 186
29 482
20 570
After tax
54 719
60 314
51 018
59 930
Living cost
36 838
36 838
36 838
36 838
Free-cash
17 881
23 476
14 180
23 092

Estimated living cost  is ₽36838 per week

₽25271
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3388
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.
₽7717
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽17629
₽16442
₽31234
₽2817
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
256
income
-
-
-
18 056
other
-
-
-
376
health
-
-
-
2 211
pensions
-
-
-
4 218
total
-
-
-
25 117
Employee
37 987
-
66 872
-
pensions
4 277
-
7 530
-
income
5 211
-
11 095
-
health
4 349
-
7 656
-
total
13 837
-
26 281
-
Employer
37 987
-
66 872
-
pensions
6 176
-
10 873
-
accident
634
-
1 117
-
unemployment
931
-
1 638
-
total
7 741
-
13 628
-
Corporate
34 772
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.

31 295
72 450
-
-
total
31 295
72 450
-
-
Dividends
3 477
8 050
-
-
withholding
661
1 530
-
-
total
661
1 530
-
-
Income
80 500
80 500
80 500
80 500
Total tax
53 534
73 980
39 909
25 117
After tax
26 966
6 520
40 591
55 383
Living cost
24 149
24 149
24 149
24 149
Free-cash
2 817
-17 629
16 442
31 234

Estimated living cost  is ₽24149 per week

₽17722
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1407
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4532
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽54911
₽33161
₽33023
₽50046
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
11 825
unemployment
-
-
-
966
work injury
-
-
-
403
health insurance
-
-
-
5 957
pensions
-
-
-
14 812
total
-
-
-
33 963
Employee

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

21 623
-
80 500
-
health insurance
1 600
-
5 920
-
unemployment
259
-
960
-
work injury
108
-
400
-
pensions
3 979
-
14 720
-
income
2 162
-
11 825
-
total
8 108
-
33 825
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
58 877
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
58 877
80 500
-
-
withholding
8 832
12 075
-
-
total
8 832
12 075
-
-
Income
80 500
80 500
80 500
80 500
Total tax
16 940
12 075
33 825
33 963
After tax
63 560
68 425
46 675
46 537
Living cost
13 514
13 514
13 514
13 514
Free-cash
50 046
54 911
33 161
33 023

Estimated living cost  is ₽13514 per week

₽8372
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽982
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽422
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3738
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽2544
-₽1444
₽2236
-₽3813
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
20 706
regional
-
-
-
1 427
municipal
-
-
-
537
national
-
-
-
15 735
total
-
-
-
38 405
Employee
84 312
-
80 500
-
municipal
503
-
480
-
national
14 248
-
13 287
-
regional
1 273
-
1 174
-
social contributions
28 430
-
27 144
-
total
44 454
-
42 085
-
Employer
84 312
-
80 500
-
total
-
-
-
-
Corporate
-
80 500
-
-
municipal
-
3 881
-
-
nationa
-
19 319
-
-
total
-
23 200
-
-
Dividends
-
57 300
-
-
withholding
-
14 897
-
-
total
-
14 897
-
-
Income
80 500
80 500
80 500
80 500
Total tax
44 454
38 097
42 085
38 405
After tax
36 046
42 403
38 415
42 095
Living cost
39 859
39 859
39 859
39 859
Free-cash
-3 813
2 544
-1 444
2 236

Estimated living cost  is ₽39859 per week

₽27999
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2742
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽602
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8516
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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