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
₽12158
₽30198
₽24430
₽22593
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
80 500
income

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

-
-
-
14 475
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.

-
-
-
797
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.

-
-
-
6 447
trade
-
-
-
5 768
total
-
-
-
27 487
Employee

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

36 093
-
80 500
-
surtax

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

56
-
797
-
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.

1 008
-
14 475
-
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.

6 447
-
6 447
-
total
7 511
-
21 719
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
44 407
80 500
-
-
income
6 662
12 075
-
-
surtax

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

367
664
-
-
chamber of commerce
208
260
-
-
trade
6 995
12 679
-
-
total
14 232
25 678
-
-
Dividends
30 175
54 822
-
-
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.

396
734
-
-
withholding
7 185
13 347
-
-
total
7 581
14 081
-
-
Income
80 500
80 500
80 500
80 500
Total tax
29 324
39 759
21 719
27 487
After tax
51 176
40 741
58 781
53 013
Living cost
28 583
28 583
28 583
28 583
Free-cash
22 593
12 158
30 198
24 430

Estimated living cost  is ₽28583 per week

₽17980
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3333
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽534
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6737
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽114
-₽305
-₽936
-₽4242
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 155
national
-
-
-
12 638
pensions
-
-
-
9 660
total
-
-
-
31 318
Employee
77 691
-
69 592
-
municipal
9 596
-
8 467
-
pensions
3 108
-
2 784
-
national
14 870
-
13 121
-
total
27 574
-
24 372
-
Employer
77 691
-
69 592
-
pensions
6 215
-
5 567
-
social contributions
835
-
748
-
total
7 050
-
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
34 624
30 268
30 687
31 318
After tax
45 876
50 232
49 813
49 182
Living cost
50 118
50 118
50 118
50 118
Free-cash
-4 242
114
-305
-936

Estimated living cost  is ₽50118 per week

₽34064
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4659
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽750
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10644
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽44769
₽25900
₽23500
₽37026
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
11 488
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.

-
-
-
25 880
microenterprise
-
-
-
-
total
-
-
-
37 368
Employee
27 574
-
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.

3 034
-
7 136
-
income
4 909
-
12 204
-
total
7 943
-
19 340
-
Employer
27 574
-
64 872
-
social contributions

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

6 642
-
15 628
-
surtax
-
-
-
-
total
6 642
-
15 628
-
Corporate
46 284
80 500
-
-
income

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

9 257
16 099
-
-
total
9 257
16 099
-
-
Dividends

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

37 027
64 401
-
-
total
-
-
-
-
Income
80 500
80 500
80 500
80 500
Total tax
23 842
16 099
34 968
37 368
After tax
56 658
64 401
45 532
43 132
Living cost
19 632
19 632
19 632
19 632
Free-cash
37 026
44 769
25 900
23 500

Estimated living cost  is ₽19632 per week

₽12525
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1870
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽446
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4792
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽7912
-₽13209
₽6238
-₽13209
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
13 158
health
-
-
-
10 516
pensions
-
-
-
11 056
total
-
-
-
34 730
Employee
80 585
80 585
80 585
-
pensions
14 505
11 056
14 505
-
income

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

13 191
13 191
13 191
-
health
12 369
10 521
12 369
-
total
40 065
34 768
40 065
-
Employer
80 585
80 585
80 585
-
health
5 602
5 602
5 602
-
pensions
5 609
5 609
5 609
-
unemployment
2 901
2 901
2 901
-
total
14 112
14 112
14 112
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
80 500
80 500
80 500
80 500
Total tax
54 177
48 880
54 177
34 730
After tax
26 323
31 620
26 323
45 770
Living cost
39 532
39 532
39 532
39 532
Free-cash
-13 209
-7 912
-13 209
6 238

Estimated living cost  is ₽39532 per week

₽28015
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3564
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽629
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7324
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽6130
₽5164
₽2305
₽5280
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
80 500
accident
-
-
-
161
other
-
-
-
9 354
unemployment
-
-
-
81
health
-
-
-
5 023
municipal
-
-
-
17 051
national
-
-
-
-
pensions
-
-
-
8 702
total
-
-
-
40 372
Employee
53 895
-
61 254
-
municipal
16 071
-
18 266
-
national
-
-
-
-
total
16 071
-
18 266
-
Employer
53 895
-
61 254
-
health
3 315
-
3 767
-
pensions
5 826
-
6 622
-
accident
108
-
123
-
unemployment
1 423
-
1 617
-
other
6 263
-
7 118
-
total
16 935
-
19 247
-
Corporate
9 671
80 500
-
-
income
2 128
17 710
-
-
total
2 128
17 710
-
-
Dividends
7 544
62 790
-
-
withholding
2 263
18 837
-
-
total
2 263
18 837
-
-
Income
80 500
80 500
80 500
80 500
Total tax
37 397
36 547
37 513
40 372
After tax
43 103
43 953
42 987
40 128
Living cost
37 823
37 823
37 823
37 823
Free-cash
5 280
6 130
5 164
2 305

Estimated living cost  is ₽37823 per week

₽25068
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3712
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽574
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8470
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Stockholm model

Close
Hamburg , Germany
₽3255
₽21710
₽15686
₽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

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

-
-
-
80 500
income

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

-
-
-
14 475
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.

-
-
-
797
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.

-
-
-
6 447
trade
-
-
-
6 024
total
-
-
-
27 743
Employee

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

47 855
-
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
-
797
-
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.

4 112
-
14 475
-
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.

6 447
-
6 447
-
total
10 785
-
21 719
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
32 645
80 500
-
-
income
4 896
12 075
-
-
surtax

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

269
664
-
-
chamber of commerce
190
258
-
-
trade
5 371
13 243
-
-
total
10 726
26 240
-
-
Dividends
21 920
54 260
-
-
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.

281
727
-
-
withholding
5 122
13 207
-
-
total
5 403
13 934
-
-
Income
80 500
80 500
80 500
80 500
Total tax
26 914
40 174
21 719
27 743
After tax
53 586
40 326
58 781
52 757
Living cost
37 071
37 071
37 071
37 071
Free-cash
16 515
3 255
21 710
15 686

Estimated living cost  is ₽37071 per week

₽24793
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3909
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽553
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7815
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28398
₽28310
₽28390
₽24484
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
6 891
social contributions
-
-
-
12 559
health
-
-
-
2 052
total
-
-
-
21 502
Employee
72 564
72 564
73 083
-
social contributions
3 526
6 022
6 065
-
income
7 620
6 717
6 857
-
health
722
1 234
1 243
-
total
11 868
13 973
14 165
-
Employer
72 564
72 564
73 083
-
health
786
1 343
1 352
-
social contributions
3 526
6 022
6 065
-
total
4 312
7 365
7 417
-
Corporate
33 712
571
-
-
income
4 214
72
-
-
total
4 214
72
-
-
Dividends
29 499
499
-
-
withholding
5 014
84
-
-
total
5 014
84
-
-
Income
80 500
80 500
80 500
80 500
Total tax
25 408
21 494
21 582
21 502
After tax
55 092
59 006
58 918
58 998
Living cost
30 608
30 608
30 608
30 608
Free-cash
24 484
28 398
28 310
28 390

Estimated living cost  is ₽30608 per week

₽20924
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2391
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽514
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6780
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28523
₽29795
₽38894
₽28874
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
80 500
income
-
-
-
9 841
unemployment
-
-
-
1 207
health
-
-
-
5 635
pensions
-
-
-
8 050
total
-
-
-
24 733
Employee

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

The minimum wage is 138,000 HUF per month.

24 356
9 693
67 364
-
unemployment
365
145
1 010
-
pensions
2 436
969
6 736
-
income
2 978
1 185
8 235
-
health
1 705
679
4 715
-
total
7 484
2 978
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.

24 356
9 693
67 364
-
pensions
4 749
1 890
13 136
-
total
4 749
1 890
13 136
-
Corporate
51 394
68 916
-
-
income
4 625
6 202
-
-
total
4 625
6 202
-
-
Dividends
46 769
62 714
-
-
social contributions
9 009
12 118
-
-
withholding
8 886
11 916
-
-
total
17 895
24 034
-
-
Income
80 500
80 500
80 500
80 500
Total tax
34 753
35 104
33 832
24 733
After tax
45 747
45 396
46 668
55 767
Living cost
16 873
16 873
16 873
16 873
Free-cash
28 874
28 523
29 795
38 894

Estimated living cost  is ₽16873 per week

₽11514
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1381
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽337
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3641
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽41608
₽23608
₽20355
₽35746
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
10 788
health
-
-
-
10 465
pensions
-
-
-
16 099
total
-
-
-
37 352
Employee
26 770
-
60 162
-
unemployment
428
-
963
-
pensions
535
-
1 203
-
income
3 014
-
11 599
-
total
3 977
-
13 765
-
Employer
26 770
-
60 162
-
health
3 479
-
7 820
-
pensions
5 354
-
12 032
-
unemployment
215
-
482
-
total
9 048
-
20 334
-
Corporate
44 681
80 500
-
-
income
8 936
16 099
-
-
total
8 936
16 099
-
-
Dividends
35 745
64 401
-
-
total
-
-
-
-
Income
80 500
80 500
80 500
80 500
Total tax
21 961
16 099
34 099
37 352
After tax
58 539
64 401
46 401
43 148
Living cost
22 793
22 793
22 793
22 793
Free-cash
35 746
41 608
23 608
20 355

Estimated living cost  is ₽22793 per week

₽15634
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1357
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽458
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5344
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽14448
₽19687
₽34376
₽3305
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
241
income
-
-
-
18 517
other
-
-
-
353
health
-
-
-
2 079
pensions
-
-
-
3 966
total
-
-
-
25 156
Employee
32 984
-
67 229
-
pensions
3 714
-
7 272
-
income
4 525
-
11 604
-
health
3 777
-
7 698
-
total
12 016
-
26 574
-
Employer
32 984
-
67 229
-
pensions
5 363
-
10 501
-
accident
551
-
1 123
-
unemployment
808
-
1 647
-
total
6 722
-
13 271
-
Corporate
40 794
80 500
-
-
income

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

36 714
72 450
-
-
total
36 714
72 450
-
-
Dividends
4 080
8 050
-
-
withholding
775
1 530
-
-
total
775
1 530
-
-
Income
80 500
80 500
80 500
80 500
Total tax
56 227
73 980
39 845
25 156
After tax
24 273
6 520
40 655
55 344
Living cost
20 968
20 968
20 968
20 968
Free-cash
3 305
-14 448
19 687
34 376

Estimated living cost  is ₽20968 per week

₽15368
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1162
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽438
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4001
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽68884
₽56809
₽72104
₽67461
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
80 500
microenterprise

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

-
-
-
805
total
-
-
-
805
Employee
9 489
-
80 500
-
income
1 897
-
16 100
-
total
1 897
-
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%.

71 011
80 500
-
-
total
-
-
-
-
Dividends
71 011
80 500
-
-
withholding
3 551
4 025
-
-
total
3 551
4 025
-
-
Income
80 500
80 500
80 500
80 500
Total tax
5 448
4 025
16 100
805
After tax
75 052
76 475
64 400
79 695
Living cost
7 591
7 591
7 591
7 591
Free-cash
67 461
68 884
56 809
72 104

Estimated living cost  is ₽7591 per week

₽4704
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽631
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽209
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2047
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽33998
₽22043
₽18446
₽27626
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
80 500
income
-
-
-
10 225
other
-
-
-
3 823
health
-
-
-
3 542
pensions

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

-
-
-
19 319
total
-
-
-
36 909
Employee
34 264
-
64 295
-
unemployment
342
-
643
-
pensions

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

2 398
-
4 500
-
income
5 899
-
11 067
-
health
480
-
901
-
total
9 119
-
17 111
-
Employer
34 264
-
64 295
-
health
480
-
901
-
pensions

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

5 825
-
10 929
-
accident
274
-
514
-
unemployment
342
-
643
-
other
1 714
-
3 214
-
total
8 635
-
16 201
-
Corporate
37 601
80 500
-
-
income
7 896
16 905
-
-
total
7 896
16 905
-
-
Dividends
29 706
63 595
-
-
withholding
2 079
4 452
-
-
total
2 079
4 452
-
-
Income
80 500
80 500
80 500
80 500
Total tax
27 729
21 357
33 312
36 909
After tax
52 771
59 143
47 188
43 591
Living cost
25 145
25 145
25 145
25 145
Free-cash
27 626
33 998
22 043
18 446

Estimated living cost  is ₽25145 per week

₽17766
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1698
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽405
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5276
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Bratislava model

Close
London , United Kingdom
-₽2621
-₽12078
-₽3074
-₽20747
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
14 965
pensions
-
-
-
5 674
total
-
-
-
20 639
Employee
89 044
-
71 110
-
pensions
8 590
-
6 439
-
income
16 051
-
12 714
-
health
1 467
-
1 100
-
total
26 108
-
20 253
-
Employer
89 044
-
71 110
-
health
1 691
-
1 351
-
pensions
10 513
-
8 039
-
total
12 204
-
9 390
-
Corporate
-
80 500
-
-
income

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

-
15 295
-
-
total
-
15 295
-
-
Dividends
-
65 205
-
-
withholding
-
4 891
-
-
total
-
4 891
-
-
Income
80 500
80 500
80 500
80 500
Total tax
38 312
20 186
29 643
20 639
After tax
42 188
60 314
50 857
59 861
Living cost
62 935
62 935
62 935
62 935
Free-cash
-20 747
-2 621
-12 078
-3 074

Estimated living cost  is ₽62935 per week

₽47158
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7394
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽512
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7871
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽56456
₽49486
₽47254
₽52074
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
132
health
-
-
-
3 790
pensions

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

-
-
-
4 878
total
-
-
-
20 875
Employee
16 380
-
74 034
-
accident

We are using the highest rate at 1.1%.

180
-
363
-
pensions

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

1 438
-
2 894
-
income
1 638
-
7 403
-
health
753
-
1 516
-
total
4 009
-
12 176
-
Employer
16 380
-
74 034
-
health
1 131
-
2 274
-
pensions

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

1 805
-
3 632
-
accident

We are using the highest rate at 1.1%.

180
-
363
-
unemployment
98
-
198
-
total
3 214
-
6 467
-
Corporate
60 905
80 500
-
-
income
6 091
8 050
-
-
total
6 091
8 050
-
-
Dividends
54 815
72 450
-
-
withholding
2 741
3 623
-
-
total
2 741
3 623
-
-
Income
80 500
80 500
80 500
80 500
Total tax
16 055
11 673
18 643
20 875
After tax
64 445
68 827
61 857
59 625
Living cost
12 371
12 371
12 371
12 371
Free-cash
52 074
56 456
49 486
47 254

Estimated living cost  is ₽12371 per week

₽7222
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽883
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽328
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3937
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽20708
-₽26005
-₽6558
-₽22309
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
13 158
health
-
-
-
10 516
pensions
-
-
-
11 056
total
-
-
-
34 730
Employee
87 490
80 585
80 585
-
pensions
11 056
11 056
14 505
-
income

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

13 191
13 191
13 191
-
health
10 915
10 521
12 369
-
total
35 162
34 768
40 065
-
Employer
87 490
80 585
80 585
-
health
6 080
5 602
5 602
-
pensions
6 089
5 609
5 609
-
unemployment
3 150
2 901
2 901
-
total
15 319
14 112
14 112
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
80 500
80 500
80 500
80 500
Total tax
50 481
48 880
54 177
34 730
After tax
30 019
31 620
26 323
45 770
Living cost
52 328
52 328
52 328
52 328
Free-cash
-22 309
-20 708
-26 005
-6 558

Estimated living cost  is ₽52328 per week

₽38600
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4674
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽600
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8454
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽32299
₽17725
₽16082
₽24049
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
80 500
income
-
-
-
6 919
social contributions
-
-
-
23 506
solidarity contribution
-
-
-
-
health
-
-
-
10 868
total
-
-
-
41 293
Employee
34 007
-
60 075
-
solidarity contribution
-
-
-
-
social contributions
2 210
-
3 905
-
income
4 081
-
7 209
-
health
4 591
-
8 110
-
total
10 882
-
19 224
-
Employer
34 007
-
60 075
-
health
3 061
-
5 407
-
social contributions
8 502
-
15 019
-
total
11 563
-
20 426
-
Corporate
34 930
80 500
-
-
income
6 637
15 295
-
-
total
6 637
15 295
-
-
Dividends
28 294
65 205
-
-
withholding
4 244
9 781
-
-
total
4 244
9 781
-
-
Income
80 500
80 500
80 500
80 500
Total tax
33 326
25 076
39 650
41 293
After tax
47 174
55 424
40 850
39 207
Living cost
23 125
23 125
23 125
23 125
Free-cash
24 049
32 299
17 725
16 082

Estimated living cost  is ₽23125 per week

₽16063
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1645
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽455
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4962
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽3130
-₽1329
₽2502
-₽3366
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
80 500
social contributions
-
-
-
20 705
regional
-
-
-
865
municipal
-
-
-
478
national
-
-
-
16 131
total
-
-
-
38 179
Employee
83 867
-
80 500
-
municipal
444
-
426
-
national
14 532
-
13 685
-
regional
791
-
754
-
social contributions
28 280
-
27 145
-
total
44 047
-
42 010
-
Employer
83 867
-
80 500
-
total
-
-
-
-
Corporate
-
80 500
-
-
municipal
-
3 139
-
-
nationa
-
19 321
-
-
total
-
22 460
-
-
Dividends
-
58 040
-
-
withholding
-
15 091
-
-
total
-
15 091
-
-
Income
80 500
80 500
80 500
80 500
Total tax
44 047
37 551
42 010
38 179
After tax
36 453
42 949
38 490
42 321
Living cost
39 819
39 819
39 819
39 819
Free-cash
-3 366
3 130
-1 329
2 502

Estimated living cost  is ₽39819 per week

₽27757
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2611
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽8839
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽29809
₽20473
₽22016
₽26874
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
14 113
other
-
-
-
-
surtax
-
-
-
1 519
unemployment
-
-
-
215
health
-
-
-
5 714
pensions
-
-
-
16 099
total
-
-
-
37 660
Employee
31 207
-
66 501
-
other
-
-
-
-
unemployment
2 172
-
4 629
-
pensions
2 081
-
4 436
-
surtax
102
-
1 341
-
income
5 231
-
13 103
-
health
797
-
1 696
-
total
10 383
-
25 205
-
Employer
31 207
-
66 501
-
health
1 420
-
3 026
-
pensions
4 160
-
8 864
-
unemployment
989
-
2 108
-
other
-
-
-
-
total
6 569
-
13 998
-
Corporate
42 725
80 500
-
-
income
11 108
20 931
-
-
total
11 108
20 931
-
-
Dividends
31 617
59 569
-
-
withholding
4 742
8 936
-
-
total
4 742
8 936
-
-
Income
80 500
80 500
80 500
80 500
Total tax
32 802
29 867
39 203
37 660
After tax
47 698
50 633
41 297
42 840
Living cost
20 824
20 824
20 824
20 824
Free-cash
26 874
29 809
20 473
22 016

Estimated living cost  is ₽20824 per week

₽12732
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1922
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽480
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5689
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽17318
₽7861
₽16865
₽9913
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
14 965
pensions
-
-
-
5 674
total
-
-
-
20 639
Employee
59 675
-
71 110
-
pensions
5 065
-
6 439
-
income
10 748
-
12 714
-
health
866
-
1 100
-
total
16 679
-
20 253
-
Employer
59 675
-
71 110
-
health
1 134
-
1 351
-
pensions
6 460
-
8 039
-
total
7 594
-
9 390
-
Corporate
13 232
80 500
-
-
income

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

2 514
15 295
-
-
total
2 514
15 295
-
-
Dividends
10 718
65 205
-
-
withholding
804
4 891
-
-
total
804
4 891
-
-
Income
80 500
80 500
80 500
80 500
Total tax
27 591
20 186
29 643
20 639
After tax
52 909
60 314
50 857
59 861
Living cost
42 996
42 996
42 996
42 996
Free-cash
9 913
17 318
7 861
16 865

Estimated living cost  is ₽42996 per week

₽32212
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3223
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽450
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7111
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽37821
-₽11103
-₽6987
-₽15155
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 404
health
-
-
-
243
city
-
-
-
847
national
-
-
-
346
pensions
-
-
-
7 406
total
-
-
-
12 856
Employee
87 337
-
72 051
-
unemployment
-
-
-
-
pensions
7 337
-
6 053
-
national
413
-
293
-
regional
2 860
-
2 032
-
city
937
-
774
-
health
197
-
163
-
total
11 744
-
9 315
-
Employer
87 337
-
72 051
-
health
197
-
163
-
pensions
7 337
-
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.

1 746
-
1 441
-
total
9 280
-
7 657
-
Corporate
-
80 500
-
-
regional
-
17 025
-
-
national
-
6 843
-
-
total
-
23 868
-
-
Dividends
-
56 632
-
-
withholding
-
19 822
-
-
total
-
19 822
-
-
Income
80 500
80 500
80 500
80 500
Total tax
21 024
43 690
16 972
12 856
After tax
59 476
36 810
63 528
67 644
Living cost
74 631
74 631
74 631
74 631
Free-cash
-15 155
-37 821
-11 103
-6 987

Estimated living cost  is ₽74631 per week

₽48531
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6697
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽916
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18486
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽3314
₽15551
₽9269
₽11987
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
80 500
income

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

-
-
-
14 475
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.

-
-
-
797
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.

-
-
-
6 447
trade
-
-
-
6 282
total
-
-
-
28 001
Employee

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

56 713
-
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.

367
-
797
-
income

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

6 669
-
14 475
-
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.

6 447
-
6 447
-
total
13 483
-
21 719
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
23 787
80 500
-
-
income
3 567
12 075
-
-
surtax

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

197
664
-
-
chamber of commerce
177
256
-
-
trade
4 079
13 805
-
-
total
8 020
26 800
-
-
Dividends
15 766
53 699
-
-
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.

197
718
-
-
withholding
3 583
13 066
-
-
total
3 780
13 784
-
-
Income
80 500
80 500
80 500
80 500
Total tax
25 283
40 584
21 719
28 001
After tax
55 217
39 916
58 781
52 499
Living cost
43 230
43 230
43 230
43 230
Free-cash
11 987
-3 314
15 551
9 269

Estimated living cost  is ₽43230 per week

₽31573
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3458
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽562
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7638
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽8285
₽14632
₽14467
₽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
-
-
-
5 707
other
-
-
-
2 496
surtax
-
-
-
-
social contributions
-
-
-
2 294
health
-
-
-
727
pensions
-
-
-
22 523
total
-
-
-
33 747
Employee
40 388
-
61 340
-
pensions
4 567
-
6 938
-
surtax
-
-
-
-
social contributions
1 151
-
1 748
-
income
2 384
-
5 737
-
total
8 102
-
14 423
-
Employer
40 388
-
61 340
-
health
2 828
-
4 294
-
pensions
6 635
-
10 080
-
unemployment
1 635
-
2 484
-
social contributions
122
-
184
-
other
1 393
-
2 117
-
total
12 613
-
19 159
-
Corporate
27 500
80 500
-
-
income
7 700
22 541
-
-
surtax
-
-
-
-
total
7 700
22 541
-
-
Dividends
19 800
57 959
-
-
surtax
-
-
-
-
social contributions
3 404
9 969
-
-
withholding
2 534
7 419
-
-
total
5 938
17 388
-
-
Income
80 500
80 500
80 500
80 500
Total tax
34 353
39 929
33 582
33 747
After tax
46 147
40 571
46 918
46 753
Living cost
32 286
32 286
32 286
32 286
Free-cash
13 861
8 285
14 632
14 467

Estimated living cost  is ₽32286 per week

₽20358
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2625
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽550
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8755
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽11484
₽17831
₽17666
₽16727
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
80 500
income
-
-
-
5 707
other
-
-
-
2 496
surtax
-
-
-
-
social contributions
-
-
-
2 294
health
-
-
-
727
pensions
-
-
-
22 523
total
-
-
-
33 747
Employee
36 052
-
61 340
-
pensions
4 078
-
6 938
-
surtax
-
-
-
-
social contributions
1 028
-
1 748
-
income
1 859
-
5 737
-
total
6 965
-
14 423
-
Employer
36 052
-
61 340
-
health
2 523
-
4 294
-
pensions
5 924
-
10 080
-
unemployment
1 459
-
2 484
-
social contributions
107
-
184
-
other
1 245
-
2 117
-
total
11 258
-
19 159
-
Corporate
33 190
80 500
-
-
income
9 292
22 541
-
-
surtax
-
-
-
-
total
9 292
22 541
-
-
Dividends
23 897
57 959
-
-
surtax
-
-
-
-
social contributions
4 112
9 969
-
-
withholding
3 059
7 419
-
-
total
7 171
17 388
-
-
Income
80 500
80 500
80 500
80 500
Total tax
34 686
39 929
33 582
33 747
After tax
45 814
40 571
46 918
46 753
Living cost
29 087
29 087
29 087
29 087
Free-cash
16 727
11 484
17 831
17 666

Estimated living cost  is ₽29087 per week

₽16869
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2955
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽552
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8712
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽29101
₽32546
₽31688
₽29592
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
80 500
income
-
-
-
12 075
social contributions
-
-
-
11 108
health
-
-
-
5 619
total
-
-
-
28 802
Employee
31 996
-
80 500
-
social contributions
4 416
-
11 108
-
income
5 337
-
11 217
-
health
2 233
-
5 619
-
total
11 986
-
27 944
-
Employer
31 996
-
80 500
-
total
-
-
-
-
Corporate
48 504
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%.

2 425
4 026
-
-
total
2 425
4 026
-
-
Dividends
46 079
76 474
-
-
social contributions
6 359
10 553
-
-
withholding
6 912
11 472
-
-
health
3 216
5 338
-
-
total
16 487
27 363
-
-
Income
80 500
80 500
80 500
80 500
Total tax
30 898
31 389
27 944
28 802
After tax
49 602
49 111
52 556
51 698
Living cost
20 010
20 010
20 010
20 010
Free-cash
29 592
29 101
32 546
31 688

Estimated living cost  is ₽20010 per week

₽13392
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1234
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽460
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4923
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽12109
-₽6601
₽9268
₽10648
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
10 634
surtax
-
-
-
186
unemployment
-
-
-
5 788
chamber of commerce
-
-
-
322
health
-
-
-
6 159
pensions
-
-
-
14 892
total
-
-
-
37 981
Employee
47 160
37 607
62 365
-
other
471
376
623
-
unemployment
1 415
1 128
1 871
-
pensions
4 830
3 850
6 386
-
income
5 369
2 774
9 726
-
health
1 825
1 456
2 414
-
total
13 910
9 584
21 020
-
Employer
47 160
37 607
62 365
-
chamber of commerce
188
150
249
-
health
1 782
1 422
2 357
-
pensions
5 919
4 721
7 828
-
accident
612
489
811
-
unemployment
1 415
1 128
1 871
-
surtax
186
186
186
-
payroll
1 415
1 128
1 871
-
other
2 240
1 785
2 962
-
total
13 757
11 009
18 135
-
Corporate
19 583
31 884
58 783
-
income

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

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

4 896
7 971
14 695
-
total
4 896
7 971
14 695
-
Dividends
14 687
23 913
-
-
withholding
4 038
6 576
-
-
total
4 038
6 576
-
-
Income
80 500
80 500
80 500
80 500
Total tax
36 601
35 140
53 850
37 981
After tax
43 899
45 360
26 650
42 519
Living cost
33 251
33 251
33 251
33 251
Free-cash
10 648
12 109
-6 601
9 268

Estimated living cost  is ₽33251 per week

₽22177
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2837
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽546
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7691
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽10792
-₽2194
₽4906
-₽6650
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
4 121
social contributions
-
-
-
11 808
national
-
-
-
25 258
total
-
-
-
41 187
Employee

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

67 501
-
62 352
-
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.

587
-
543
-
communal

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

3 521
-
3 252
-
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.

5 063
-
4 676
-
national
20 753
-
18 738
-
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.

3 171
-
2 930
-
total
33 095
-
30 139
-
Employer

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

67 501
-
62 352
-
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.

4 151
-
3 834
-
pensions

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

5 981
-
5 525
-
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.

877
-
809
-
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.

985
-
910
-
surtax
7 654
-
7 070
-
total
19 648
-
18 148
-
Corporate
-
80 500
-
-
income
-
16 099
-
-
surtax
-
322
-
-
total
-
16 421
-
-
Dividends
-
64 078
-
-
withholding

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

-
18 880
-
-
total
-
18 880
-
-
Income
80 500
80 500
80 500
80 500
Total tax
52 743
35 301
48 287
41 187
After tax
27 757
45 199
32 213
39 313
Living cost
34 407
34 407
34 407
34 407
Free-cash
-6 650
10 792
-2 194
4 906

Estimated living cost  is ₽34407 per week

₽22163
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3009
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.
₽8698
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽20191
₽9220
₽8648
₽12674
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
13 620
other
-
-
-
81
unemployment
-
-
-
564
pensions
-
-
-
22 782
total
-
-
-
37 772
Employee
46 973
-
61 040
-
other
47
-
61
-
unemployment
729
-
946
-
pensions
2 208
-
2 869
-
income
9 911
-
13 863
-
total
12 895
-
17 739
-
Employer
46 973
-
61 040
-
pensions
11 085
-
14 405
-
accident
929
-
1 209
-
unemployment
2 584
-
3 358
-
other
374
-
489
-
total
14 972
-
19 461
-
Corporate
18 554
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.

2 783
12 075
-
-
total
2 783
12 075
-
-
Dividends
15 771
68 425
-
-
withholding
3 096
14 154
-
-
total
3 096
14 154
-
-
Income
80 500
80 500
80 500
80 500
Total tax
33 746
26 229
37 200
37 772
After tax
46 754
54 271
43 300
42 728
Living cost
34 080
34 080
34 080
34 080
Free-cash
12 674
20 191
9 220
8 648

Estimated living cost  is ₽34080 per week

₽25096
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2418
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽491
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6074
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽1631
₽256
-₽3713
-₽7418
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
5 088
accident
-
-
-
679
income
-
-
-
5 450
surtax
-
-
-
3 990
health
-
-
-
5 657
pensions
-
-
-
12 066
total
-
-
-
32 930
Employee
71 463
-
71 910
-
pensions
5 716
-
5 752
-
surtax
4 380
-
4 407
-
income
6 903
-
7 014
-
health
3 180
-
3 198
-
total
20 179
-
20 371
-
Employer
71 463
-
71 910
-
health
2 179
-
2 192
-
pensions
5 716
-
5 752
-
accident
643
-
646
-
total
8 538
-
8 590
-
Corporate
498
80 500
-
-
communal
-
5 433
-
-
income
75
12 075
-
-
surtax
5
845
-
-
total
80
18 353
-
-
Dividends
418
62 146
-
-
income
7 775
3 174
-
-
withholding
63
9 321
-
-
total
7 838
12 495
-
-
Income
80 500
80 500
80 500
80 500
Total tax
36 635
30 848
28 961
32 930
After tax
43 865
49 652
51 539
47 570
Living cost
51 283
51 283
51 283
51 283
Free-cash
-7 418
-1 631
256
-3 713

Estimated living cost  is ₽51283 per week

₽38470
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3107
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽543
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9162
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽29437
₽20101
₽21644
₽26438
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
14 113
other
-
-
-
-
surtax
-
-
-
1 519
unemployment
-
-
-
215
health
-
-
-
5 714
pensions
-
-
-
16 099
total
-
-
-
37 660
Employee
31 779
-
66 501
-
other
-
-
-
-
unemployment
2 212
-
4 629
-
pensions
2 120
-
4 436
-
surtax
113
-
1 341
-
income
5 328
-
13 103
-
health
811
-
1 696
-
total
10 584
-
25 205
-
Employer
31 779
-
66 501
-
health
1 445
-
3 026
-
pensions
4 237
-
8 864
-
unemployment
1 008
-
2 108
-
other
-
-
-
-
total
6 690
-
13 998
-
Corporate
42 030
80 500
-
-
income
10 927
20 931
-
-
total
10 927
20 931
-
-
Dividends
31 103
59 569
-
-
withholding
4 665
8 936
-
-
total
4 665
8 936
-
-
Income
80 500
80 500
80 500
80 500
Total tax
32 866
29 867
39 203
37 660
After tax
47 634
50 633
41 297
42 840
Living cost
21 196
21 196
21 196
21 196
Free-cash
26 438
29 437
20 101
21 644

Estimated living cost  is ₽21196 per week

₽12797
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1843
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽492
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6065
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽16891
₽12742
₽16553
₽14797
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
80 500
social contributions
-
-
-
20 705
regional
-
-
-
1 213
municipal
-
-
-
478
national
-
-
-
16 131
total
-
-
-
38 527
Employee
52 347
-
80 500
-
municipal
278
-
426
-
national
8 293
-
13 685
-
regional
705
-
1 082
-
social contributions
17 652
-
27 145
-
total
26 928
-
42 338
-
Employer
52 347
-
80 500
-
total
-
-
-
-
Corporate
28 153
80 500
-
-
municipal
1 399
4 001
-
-
nationa
6 757
19 321
-
-
total
8 156
23 322
-
-
Dividends
19 998
57 179
-
-
withholding
5 199
14 867
-
-
total
5 199
14 867
-
-
Income
80 500
80 500
80 500
80 500
Total tax
40 283
38 189
42 338
38 527
After tax
40 217
42 311
38 162
41 973
Living cost
25 420
25 420
25 420
25 420
Free-cash
14 797
16 891
12 742
16 553

Estimated living cost  is ₽25420 per week

₽15809
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2575
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽435
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6601
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽26928
₽12354
₽10711
₽16763
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
41 906
-
60 075
-
solidarity contribution
-
-
-
-
social contributions
2 724
-
3 905
-
income
5 029
-
7 209
-
health
5 657
-
8 110
-
total
13 410
-
19 224
-
Employer
41 906
-
60 075
-
health
3 771
-
5 407
-
social contributions
10 476
-
15 019
-
total
14 247
-
20 426
-
Corporate
24 346
80 500
-
-
income
4 626
15 295
-
-
total
4 626
15 295
-
-
Dividends
19 721
65 205
-
-
withholding
2 958
9 781
-
-
total
2 958
9 781
-
-
Income
80 500
80 500
80 500
80 500
Total tax
35 241
25 076
39 650
41 293
After tax
45 259
55 424
40 850
39 207
Living cost
28 496
28 496
28 496
28 496
Free-cash
16 763
26 928
12 354
10 711

Estimated living cost  is ₽28496 per week

₽21191
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1579
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽493
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5233
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽15355
-₽3417
₽12599
₽14890
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
10 634
surtax
-
-
-
-
unemployment
-
-
-
5 788
chamber of commerce
-
-
-
322
health
-
-
-
6 159
pensions
-
-
-
14 892
total
-
-
-
37 795
Employee
41 250
37 607
62 510
-
other
412
376
625
-
unemployment
1 237
1 128
1 875
-
pensions
4 224
3 850
6 400
-
income
3 675
2 774
9 769
-
health
1 596
1 456
2 419
-
total
11 144
9 584
21 088
-
Employer
41 250
37 607
62 510
-
chamber of commerce
165
150
251
-
health
1 560
1 422
2 362
-
pensions
5 177
4 721
7 845
-
accident
535
489
813
-
unemployment
1 237
1 128
1 875
-
surtax
-
-
-
-
payroll
1 237
1 128
1 875
-
other
1 959
1 785
2 969
-
total
11 870
10 823
17 990
-
Corporate
27 378
32 070
58 928
-
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.

6 844
8 017
14 733
-
total
6 844
8 017
14 733
-
Dividends
20 534
24 053
-
-
withholding
5 646
6 615
-
-
total
5 646
6 615
-
-
Income
80 500
80 500
80 500
80 500
Total tax
35 504
35 039
53 811
37 795
After tax
44 996
45 461
26 689
42 705
Living cost
30 106
30 106
30 106
30 106
Free-cash
14 890
15 355
-3 417
12 599

Estimated living cost  is ₽30106 per week

₽18060
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3075
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽537
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8435
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64646
₽52571
₽67866
₽62427
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
14 787
-
80 500
-
income
2 958
-
16 100
-
total
2 958
-
16 100
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

65 713
80 500
-
-
total
-
-
-
-
Dividends
65 713
80 500
-
-
withholding
3 286
4 025
-
-
total
3 286
4 025
-
-
Income
80 500
80 500
80 500
80 500
Total tax
6 244
4 025
16 100
805
After tax
74 256
76 475
64 400
79 695
Living cost
11 829
11 829
11 829
11 829
Free-cash
62 427
64 646
52 571
67 866

Estimated living cost  is ₽11829 per week

₽8005
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽497
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽397
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2931
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽30113
₽14639
₽16947
₽22220
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
15 500
unemployment
-
-
-
120
health
-
-
-
7 921
pensions
-
-
-
14 701
total
-
-
-
38 242
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.

41 729
-
69 655
-
unemployment
59
-
97
-
pensions
6 468
-
10 797
-
income
7 196
-
14 311
-
health
2 695
-
4 500
-
total
16 418
-
29 705
-
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.

41 729
-
69 655
-
health
2 779
-
4 640
-
pensions
3 693
-
6 164
-
unemployment
25
-
41
-
total
6 497
-
10 845
-
Corporate
32 274
80 500
-
-
income
6 132
15 295
-
-
total
6 132
15 295
-
-
Dividends
26 142
65 205
-
-
withholding
3 922
9 781
-
-
total
3 922
9 781
-
-
Income
80 500
80 500
80 500
80 500
Total tax
32 969
25 076
40 550
38 242
After tax
47 531
55 424
39 950
42 258
Living cost
25 311
25 311
25 311
25 311
Free-cash
22 220
30 113
14 639
16 947

Estimated living cost  is ₽25311 per week

₽17371
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1622
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽491
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5829
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽8646
₽27874
₽15302
-₽58865
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
57 828
-
-
-
social contributions
4 742
-
676
-
income
12 756
-
-
-
total
17 498
-
676
-
Employer
57 828
-
-
-
social contributions
81 537
-
11 620
-
total
81 537
-
11 620
-
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
99 035
31 524
12 296
24 868
After tax
-18 535
48 976
68 204
55 632
Living cost
40 330
40 330
40 330
40 330
Free-cash
-58 865
8 646
27 874
15 302

Estimated living cost  is ₽40330 per week

₽26168
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3793
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽514
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9855
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽16189
₽12261
₽15825
₽15237
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

Based on articles 30.º, 31.º and 151.º of CIRS, sole-trader can use 75% of income as a tax base when earnings are below €200,000 per annum.

-
-
-
80 500
income
-
-
-
7 101
surtax
-
-
-
-
social contributions

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

-
-
-
27 974
total
-
-
-
35 075
Employee
43 401
-
65 051
-
surtax
-
-
-
-
social contributions
4 774
-
7 156
-
income
9 028
-
16 034
-
total
13 802
-
23 190
-
Employer
43 401
-
65 051
-
social contributions
10 308
-
15 449
-
total
10 308
-
15 449
-
Corporate
26 791
80 500
-
-
income
5 627
16 905
-
-
surtax
-
-
-
-
total
5 627
16 905
-
-
Dividends
21 164
63 595
-
-
withholding
5 926
17 806
-
-
total
5 926
17 806
-
-
Income
80 500
80 500
80 500
80 500
Total tax
35 663
34 711
38 639
35 075
After tax
44 837
45 789
41 861
45 425
Living cost
29 600
29 600
29 600
29 600
Free-cash
15 237
16 189
12 261
15 825

Estimated living cost  is ₽29600 per week

₽22147
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1746
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽494
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5213
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽5007
₽1340
₽1175
₽1481
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
80 500
income
-
-
-
5 707
other
-
-
-
2 496
surtax
-
-
-
-
social contributions
-
-
-
2 294
health
-
-
-
727
pensions
-
-
-
22 523
total
-
-
-
33 747
Employee
59 104
-
61 340
-
pensions
6 685
-
6 938
-
surtax
-
-
-
-
social contributions
1 683
-
1 748
-
income
5 157
-
5 737
-
total
13 525
-
14 423
-
Employer
59 104
-
61 340
-
health
4 137
-
4 294
-
pensions
9 711
-
10 080
-
unemployment
2 394
-
2 484
-
social contributions
177
-
184
-
other
2 040
-
2 117
-
total
18 459
-
19 159
-
Corporate
2 937
80 500
-
-
income
822
22 541
-
-
surtax
-
-
-
-
total
822
22 541
-
-
Dividends
2 115
57 959
-
-
surtax
-
-
-
-
social contributions
365
9 969
-
-
withholding
270
7 419
-
-
total
635
17 388
-
-
Income
80 500
80 500
80 500
80 500
Total tax
33 441
39 929
33 582
33 747
After tax
47 059
40 571
46 918
46 753
Living cost
45 578
45 578
45 578
45 578
Free-cash
1 481
-5 007
1 340
1 175

Estimated living cost  is ₽45578 per week

₽30846
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3728
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽625
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10378
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽44084
₽35691
₽33435
₽40912
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
990
social contributions
-
-
-
17 709
total
-
-
-
18 699
Employee
30 338
-
69 698
-
income
-
-
1 110
-
social contributions
1 972
-
4 531
-
total
1 972
-
5 641
-
Employer
30 338
-
69 698
-
social contributions
4 703
-
10 802
-
total
4 703
-
10 802
-
Corporate
45 459
80 500
-
-
income
4 547
8 050
-
-
total
4 547
8 050
-
-
Dividends
40 913
72 450
-
-
total
-
-
-
-
Income
80 500
80 500
80 500
80 500
Total tax
11 222
8 050
16 443
18 699
After tax
69 278
72 450
64 057
61 801
Living cost
28 366
28 366
28 366
28 366
Free-cash
40 912
44 084
35 691
33 435

Estimated living cost  is ₽28366 per week

₽18341
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2138
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽534
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7353
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽125092
-₽125092
₽5117
-₽125092
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
80 500
labour market
-
-
-
6 374
municipal
-
-
-
14 421
national
-
-
-
8 326
pensions
-
-
-
818
total
-
-
-
29 939
Employee
191 810
191 810
191 810
-
municipal
40 845
40 845
40 845
-
labour market
15 323
15 323
15 323
-
pensions
273
273
273
-
national
23 433
23 433
23 433
-
total
79 874
79 874
79 874
-
Employer
191 810
191 810
191 810
-
national
23 474
23 474
23 474
-
labour market
15 345
15 345
15 345
-
pensions
545
545
545
-
municipal
40 910
40 910
40 910
-
total
80 274
80 274
80 274
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
80 500
80 500
80 500
80 500
Total tax
160 148
160 148
160 148
29 939
After tax
-79 648
-79 648
-79 648
50 561
Living cost
45 444
45 444
45 444
45 444
Free-cash
-125 092
-125 092
-125 092
5 117

Estimated living cost  is ₽45444 per week

₽31103
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4020
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽699
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9623
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽14139
₽19996
₽34685
₽3352
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
241
income
-
-
-
18 517
other
-
-
-
353
health
-
-
-
2 079
pensions
-
-
-
3 966
total
-
-
-
25 156
Employee
32 498
-
67 229
-
pensions
3 660
-
7 272
-
income
4 458
-
11 604
-
health
3 721
-
7 698
-
total
11 839
-
26 574
-
Employer
32 498
-
67 229
-
pensions
5 284
-
10 501
-
accident
543
-
1 123
-
unemployment
796
-
1 647
-
total
6 623
-
13 271
-
Corporate
41 379
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.

37 241
72 450
-
-
total
37 241
72 450
-
-
Dividends
4 138
8 050
-
-
withholding
786
1 530
-
-
total
786
1 530
-
-
Income
80 500
80 500
80 500
80 500
Total tax
56 489
73 980
39 845
25 156
After tax
24 011
6 520
40 655
55 344
Living cost
20 659
20 659
20 659
20 659
Free-cash
3 352
-14 139
19 996
34 685

Estimated living cost  is ₽20659 per week

₽15037
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1178
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽388
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4056
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽18354
₽10792
₽22488
₽14867
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
845
municipal
-
-
-
14 337
national
-
-
-
6 600
total
-
-
-
21 782
Employee
49 648
-
67 721
-
municipal
8 132
-
11 067
-
unemployment
745
-
1 015
-
pensions
3 351
-
4 572
-
national
820
-
3 397
-
health
371
-
648
-
total
13 419
-
20 699
-
Employer
49 648
-
67 721
-
health
381
-
521
-
pensions
8 614
-
11 749
-
accident
50
-
68
-
unemployment
322
-
441
-
total
9 367
-
12 779
-
Corporate
21 484
80 500
-
-
income
4 296
16 099
-
-
total
4 296
16 099
-
-
Dividends

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

12 891
48 301
-
-
municipal
2 321
8 694
-
-
national
-
1 123
-
-
total
2 321
9 817
-
-
Income
80 500
80 500
80 500
80 500
Total tax
29 403
25 916
33 478
21 782
After tax
51 097
54 584
47 022
58 718
Living cost
36 230
36 230
36 230
36 230
Free-cash
14 867
18 354
10 792
22 488

Estimated living cost  is ₽36230 per week

₽23665
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3485
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽577
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8504
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽37157
₽37069
₽37149
₽32021
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
6 891
social contributions
-
-
-
12 559
health
-
-
-
2 052
total
-
-
-
21 502
Employee
72 564
72 564
73 083
-
social contributions
2 743
6 022
6 065
-
income
7 901
6 717
6 857
-
health
562
1 234
1 243
-
total
11 206
13 973
14 165
-
Employer
72 564
72 564
73 083
-
health
611
1 343
1 352
-
social contributions
2 743
6 022
6 065
-
total
3 354
7 365
7 417
-
Corporate
44 091
571
-
-
income
5 512
72
-
-
total
5 512
72
-
-
Dividends
38 579
499
-
-
withholding
6 558
84
-
-
total
6 558
84
-
-
Income
80 500
80 500
80 500
80 500
Total tax
26 630
21 494
21 582
21 502
After tax
53 870
59 006
58 918
58 998
Living cost
21 849
21 849
21 849
21 849
Free-cash
32 021
37 157
37 069
37 149

Estimated living cost  is ₽21849 per week

₽13094
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2144
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽484
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6128
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽51677
₽34719
₽48590
₽46880
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
7 482
unemployment
-
-
-
27
health
-
-
-
3 415
pensions
-
-
-
6 003
total
-
-
-
16 927
Employee

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

21 660
-
72 982
-
unemployment
107
-
365
-
pensions
3 248
-
10 947
-
income
1 481
-
5 768
-
health
1 841
-
6 203
-
total
6 677
-
23 283
-
Employer

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

21 660
-
72 982
-
health
931
-
3 137
-
pensions
1 191
-
4 013
-
unemployment
107
-
365
-
total
2 229
-
7 515
-
Corporate
56 610
80 500
-
-
income
5 095
7 246
-
-
total
5 095
7 246
-
-
Dividends
51 515
73 254
-
-
withholding
4 636
6 594
-
-
total
4 636
6 594
-
-
Income
80 500
80 500
80 500
80 500
Total tax
18 637
13 840
30 798
16 927
After tax
61 863
66 660
49 702
63 573
Living cost
14 983
14 983
14 983
14 983
Free-cash
46 880
51 677
34 719
48 590

Estimated living cost  is ₽14983 per week

₽9559
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1080
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽446
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3897
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28321
₽17350
₽16778
₽23372
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
13 620
other
-
-
-
81
unemployment
-
-
-
564
pensions
-
-
-
22 782
total
-
-
-
37 772
Employee
34 893
-
61 040
-
other
34
-
61
-
unemployment
541
-
946
-
pensions
1 640
-
2 869
-
income
6 727
-
13 863
-
total
8 942
-
17 739
-
Employer
34 893
-
61 040
-
pensions
8 234
-
14 405
-
accident
691
-
1 209
-
unemployment
1 920
-
3 358
-
other
279
-
489
-
total
11 124
-
19 461
-
Corporate
34 483
80 500
-
-
income

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

5 172
12 075
-
-
total
5 172
12 075
-
-
Dividends
29 311
68 425
-
-
withholding
5 940
14 154
-
-
total
5 940
14 154
-
-
Income
80 500
80 500
80 500
80 500
Total tax
31 178
26 229
37 200
37 772
After tax
49 322
54 271
43 300
42 728
Living cost
25 950
25 950
25 950
25 950
Free-cash
23 372
28 321
17 350
16 778

Estimated living cost  is ₽25950 per week

₽17516
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2495
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽455
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5485
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽48327
₽49167
₽49302
₽48014
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
26 897
health
-
-
-
1 007
pensions
-
-
-
1 389
total
-
-
-
29 293
Employee
2 901
-
78 937
-
unemployment
29
-
69
-
pensions
261
-
625
-
income
561
-
26 824
-
health
145
-
347
-
total
996
-
27 865
-
Employer
2 901
-
78 937
-
health
276
-
660
-
pensions
319
-
764
-
unemployment
58
-
139
-
total
653
-
1 563
-
Corporate
76 946
80 500
-
-
income
16 928
17 710
-
-
total
16 928
17 710
-
-
Dividends
60 018
62 790
-
-
withholding
12 004
12 558
-
-
total
12 004
12 558
-
-
Income
80 500
80 500
80 500
80 500
Total tax
30 581
30 268
29 428
29 293
After tax
49 919
50 232
51 072
51 207
Living cost
1 905
1 905
1 905
1 905
Free-cash
48 014
48 327
49 167
49 302

Estimated living cost  is ₽1905 per week

₽1132
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽154
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.
₽575
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽41840
₽24950
₽24588
₽37197
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

-
-
-
80 500
income
-
-
-
13 227
unemployment
-
-
-
1 046
health
-
-
-
7 184
pensions
-
-
-
18 134
total
-
-
-
39 591
Employee

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

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

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

24 612
-
68 278
-
unemployment
185
-
512
-
pensions
3 446
-
9 559
-
income
3 393
-
13 421
-
health
1 267
-
3 516
-
total
8 291
-
27 008
-
Employer

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

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

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

24 612
-
68 278
-
health
1 267
-
3 516
-
pensions
2 953
-
8 193
-
unemployment
185
-
512
-
total
4 405
-
12 221
-
Corporate
51 483
80 500
-
-
income
7 722
12 075
-
-
total
7 722
12 075
-
-
Dividends
43 760
68 425
-
-
withholding
6 564
10 264
-
-
total
6 564
10 264
-
-
Income
80 500
80 500
80 500
80 500
Total tax
26 982
22 339
39 229
39 591
After tax
53 518
58 161
41 271
40 909
Living cost
16 321
16 321
16 321
16 321
Free-cash
37 197
41 840
24 950
24 588

Estimated living cost  is ₽16321 per week

₽10989
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1262
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽472
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3597
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽20348
₽16420
₽19984
₽20008
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

Based on articles 30.º, 31.º and 151.º of CIRS, sole-trader can use 75% of income as a tax base when earnings are below €200,000 per annum.

-
-
-
80 500
income
-
-
-
7 101
surtax
-
-
-
-
social contributions

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

-
-
-
27 974
total
-
-
-
35 075
Employee
36 626
-
65 051
-
surtax
-
-
-
-
social contributions
4 029
-
7 156
-
income
7 156
-
16 034
-
total
11 185
-
23 190
-
Employer
36 626
-
65 051
-
social contributions
8 698
-
15 449
-
total
8 698
-
15 449
-
Corporate
35 176
80 500
-
-
income
7 387
16 905
-
-
surtax
-
-
-
-
total
7 387
16 905
-
-
Dividends
27 789
63 595
-
-
withholding
7 781
17 806
-
-
total
7 781
17 806
-
-
Income
80 500
80 500
80 500
80 500
Total tax
35 051
34 711
38 639
35 075
After tax
45 449
45 789
41 861
45 425
Living cost
25 441
25 441
25 441
25 441
Free-cash
20 008
20 348
16 420
19 984

Estimated living cost  is ₽25441 per week

₽18019
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1768
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽451
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5204
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽21106
₽10135
₽9563
₽13908
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
13 620
other
-
-
-
81
unemployment
-
-
-
564
pensions
-
-
-
22 782
total
-
-
-
37 772
Employee
45 575
-
61 040
-
other
45
-
61
-
unemployment
706
-
946
-
pensions
2 142
-
2 869
-
income
9 519
-
13 863
-
total
12 412
-
17 739
-
Employer
45 575
-
61 040
-
pensions
10 755
-
14 405
-
accident
903
-
1 209
-
unemployment
2 507
-
3 358
-
other
365
-
489
-
total
14 530
-
19 461
-
Corporate
20 395
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.

3 059
12 075
-
-
total
3 059
12 075
-
-
Dividends
17 336
68 425
-
-
withholding
3 426
14 154
-
-
total
3 426
14 154
-
-
Income
80 500
80 500
80 500
80 500
Total tax
33 427
26 229
37 200
37 772
After tax
47 073
54 271
43 300
42 728
Living cost
33 165
33 165
33 165
33 165
Free-cash
13 908
21 106
10 135
9 563

Estimated living cost  is ₽33165 per week

₽23817
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2579
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽467
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6302
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽52596
₽45626
₽43394
₽46847
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
132
health
-
-
-
3 790
pensions

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

-
-
-
4 878
total
-
-
-
20 875
Employee
21 492
-
74 034
-
accident

We are using the highest rate at 1.1%.

236
-
363
-
pensions

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

1 887
-
2 894
-
income
2 150
-
7 403
-
health
989
-
1 516
-
total
5 262
-
12 176
-
Employer
21 492
-
74 034
-
health
1 483
-
2 274
-
pensions

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

2 368
-
3 632
-
accident

We are using the highest rate at 1.1%.

236
-
363
-
unemployment
129
-
198
-
total
4 216
-
6 467
-
Corporate
54 791
80 500
-
-
income
5 479
8 050
-
-
total
5 479
8 050
-
-
Dividends
49 312
72 450
-
-
withholding
2 465
3 623
-
-
total
2 465
3 623
-
-
Income
80 500
80 500
80 500
80 500
Total tax
17 422
11 673
18 643
20 875
After tax
63 078
68 827
61 857
59 625
Living cost
16 231
16 231
16 231
16 231
Free-cash
46 847
52 596
45 626
43 394

Estimated living cost  is ₽16231 per week

₽10735
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽929
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽387
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4180
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽5138
₽22349
₽17093
₽17483
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
80 500
income

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

-
-
-
14 475
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.

-
-
-
797
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.

-
-
-
6 447
trade
-
-
-
5 256
total
-
-
-
26 975
Employee

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

46 953
-
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.

213
-
797
-
income

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

3 861
-
14 475
-
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.

6 447
-
6 447
-
total
10 521
-
21 719
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
33 547
80 500
-
-
income
5 032
12 075
-
-
surtax

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

278
664
-
-
chamber of commerce
192
261
-
-
trade
4 814
11 552
-
-
total
10 316
24 552
-
-
Dividends
23 232
55 947
-
-
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.

299
750
-
-
withholding
5 449
13 628
-
-
total
5 748
14 378
-
-
Income
80 500
80 500
80 500
80 500
Total tax
26 585
38 930
21 719
26 975
After tax
53 915
41 570
58 781
53 525
Living cost
36 432
36 432
36 432
36 432
Free-cash
17 483
5 138
22 349
17 093

Estimated living cost  is ₽36432 per week

₽25132
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3920
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽528
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6852
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽2595
₽3276
₽3276
₽4678
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
80 500
income
-
-
-
16 602
social contributions
-
-
-
6 867
total
-
-
-
23 469
Employee
73 816
-
80 500
-
income
13 929
-
16 602
-
social contributions
6 133
-
6 867
-
total
20 062
-
23 469
-
Employer
73 816
-
80 500
-
total
-
-
-
-
Corporate
6 684
80 500
-
-
income
836
10 062
-
-
total
836
10 062
-
-
Dividends
5 848
70 438
-
-
withholding
1 169
14 088
-
-
total
1 169
14 088
-
-
Income
80 500
80 500
80 500
80 500
Total tax
22 067
24 150
23 469
23 469
After tax
58 433
56 350
57 031
57 031
Living cost
53 755
53 755
53 755
53 755
Free-cash
4 678
2 595
3 276
3 276

Estimated living cost  is ₽53755 per week

₽40896
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4380
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽514
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7965
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽13085
₽24650
₽13674
₽18162
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
26 862
health

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

-
-
-
5 709
total
-
-
-
32 571
Employee
43 290
-
76 159
-
income
4 697
-
12 913
-
social contributions
4 337
-
4 341
-
total
9 034
-
17 254
-
Employer
43 290
-
76 159
-
social contributions
4 337
-
4 341
-
total
4 337
-
4 341
-
Corporate
32 873
80 500
-
-
income
11 506
28 174
-
-
total
11 506
28 174
-
-
Dividends
21 367
52 326
-
-
social contributions
3 206
4 986
-
-
total
3 206
4 986
-
-
Income
80 500
80 500
80 500
80 500
Total tax
28 083
33 160
21 595
32 571
After tax
52 417
47 340
58 905
47 929
Living cost
34 255
34 255
34 255
34 255
Free-cash
18 162
13 085
24 650
13 674

Estimated living cost  is ₽34255 per week

₽22564
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2701
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8465
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽25360
₽15903
₽24907
₽20051
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
14 965
pensions
-
-
-
5 674
total
-
-
-
20 639
Employee
47 979
-
71 110
-
pensions
3 662
-
6 439
-
income
8 737
-
12 714
-
health
626
-
1 100
-
total
13 025
-
20 253
-
Employer
47 979
-
71 110
-
health
912
-
1 351
-
pensions
4 847
-
8 039
-
total
5 759
-
9 390
-
Corporate
26 761
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.

5 084
15 295
-
-
total
5 084
15 295
-
-
Dividends
21 678
65 205
-
-
withholding
1 627
4 891
-
-
total
1 627
4 891
-
-
Income
80 500
80 500
80 500
80 500
Total tax
25 495
20 186
29 643
20 639
After tax
55 005
60 314
50 857
59 861
Living cost
34 954
34 954
34 954
34 954
Free-cash
20 051
25 360
15 903
24 907

Estimated living cost  is ₽34954 per week

₽23978
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3214
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽437
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7322
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽16184
₽17951
₽32640
₽3038
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
241
income
-
-
-
18 517
other
-
-
-
353
health
-
-
-
2 079
pensions
-
-
-
3 966
total
-
-
-
25 156
Employee
35 715
-
67 229
-
pensions
4 022
-
7 272
-
income
4 900
-
11 604
-
health
4 089
-
7 698
-
total
13 011
-
26 574
-
Employer
35 715
-
67 229
-
pensions
5 807
-
10 501
-
accident
596
-
1 123
-
unemployment
875
-
1 647
-
total
7 278
-
13 271
-
Corporate
37 507
80 500
-
-
income

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

33 756
72 450
-
-
total
33 756
72 450
-
-
Dividends
3 750
8 050
-
-
withholding
713
1 530
-
-
total
713
1 530
-
-
Income
80 500
80 500
80 500
80 500
Total tax
54 758
73 980
39 845
25 156
After tax
25 742
6 520
40 655
55 344
Living cost
22 704
22 704
22 704
22 704
Free-cash
3 038
-16 184
17 951
32 640

Estimated living cost  is ₽22704 per week

₽16662
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1323
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽457
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4261
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽55677
₽35022
₽33638
₽51088
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
11 976
unemployment
-
-
-
966
work injury
-
-
-
403
health insurance
-
-
-
5 957
pensions
-
-
-
14 812
total
-
-
-
34 114
Employee

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

20 397
-
80 500
-
health insurance
1 509
-
5 585
-
unemployment
245
-
906
-
work injury
102
-
377
-
pensions
3 753
-
13 886
-
income
2 040
-
11 976
-
total
7 649
-
32 730
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
60 103
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
60 103
80 500
-
-
withholding
9 015
12 075
-
-
total
9 015
12 075
-
-
Income
80 500
80 500
80 500
80 500
Total tax
16 664
12 075
32 730
34 114
After tax
63 836
68 425
47 770
46 386
Living cost
12 748
12 748
12 748
12 748
Free-cash
51 088
55 677
35 022
33 638

Estimated living cost  is ₽12748 per week

₽7898
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽926
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽398
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3526
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽4807
₽370
₽4052
₽515
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
80 500
social contributions
-
-
-
20 705
regional
-
-
-
1 480
municipal
-
-
-
539
national
-
-
-
16 131
total
-
-
-
38 855
Employee
79 519
-
80 500
-
municipal
475
-
480
-
national
13 438
-
13 685
-
regional
1 201
-
1 227
-
social contributions
26 813
-
27 145
-
total
41 927
-
42 537
-
Employer
79 519
-
80 500
-
total
-
-
-
-
Corporate
981
80 500
-
-
municipal
47
3 881
-
-
nationa
235
19 321
-
-
total
282
23 202
-
-
Dividends
699
57 299
-
-
withholding
183
14 898
-
-
total
183
14 898
-
-
Income
80 500
80 500
80 500
80 500
Total tax
42 392
38 100
42 537
38 855
After tax
38 108
42 400
37 963
41 645
Living cost
37 593
37 593
37 593
37 593
Free-cash
515
4 807
370
4 052

Estimated living cost  is ₽37593 per week

₽26407
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2586
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽568
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8032
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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