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
₽ 81000
per

Your estimated
City
free-cash

Dresden , Germany
₽10239
₽21478
₽23621
₽28939
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
81 000
trade
-
-
-
5 318
income

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

-
-
-
13 596
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.

-
-
-
6 941
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.

-
-
-
748
total
-
-
-
26 603
Employee

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

38 862
-
81 000
-
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.

6 941
-
6 941
-
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.

60
-
748
-
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.

1 086
-
13 596
-
total
8 087
-
21 285
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
42 138
81 000
-
-
surtax

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

347
669
-
-
income
6 321
12 149
-
-
trade
6 637
12 757
-
-
chamber of commerce
214
270
-
-
total
13 519
25 845
-
-
Dividends
28 619
55 155
-
-
surtax

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

372
737
-
-
withholding
6 768
13 403
-
-
total
7 140
14 140
-
-
Income
81 000
81 000
81 000
81 000
Total tax
28 746
39 985
21 285
26 603
After tax
52 254
41 015
59 715
54 397
Living cost
30 776
30 776
30 776
30 776
Free-cash
21 478
10 239
28 939
23 621

Estimated living cost  is ₽30776 per week

₽19359
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3588
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽575
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7254
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽723
-₽5685
-₽1727
-₽1092
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
81 000
municipal
-
-
-
8 185
pensions
-
-
-
9 720
national
-
-
-
12 684
social contributions
-
-
-
871
total
-
-
-
31 460
Employee
79 474
-
70 024
-
municipal
9 816
-
8 499
-
pensions
3 179
-
2 801
-
national
15 211
-
13 170
-
total
28 206
-
24 470
-
Employer
79 474
-
70 024
-
social contributions
854
-
753
-
pensions
6 358
-
5 602
-
total
7 212
-
6 355
-
Corporate
-
81 000
-
-
income

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

-
16 200
-
-
total
-
16 200
-
-
Dividends
-
64 800
-
-
withholding
-
14 256
-
-
total
-
14 256
-
-
Income
81 000
81 000
81 000
81 000
Total tax
35 418
30 456
30 825
31 460
After tax
45 582
50 544
50 175
49 540
Living cost
51 267
51 267
51 267
51 267
Free-cash
-5 685
-723
-1 092
-1 727

Estimated living cost  is ₽51267 per week

₽34846
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4766
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽767
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10888
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽43662
₽35328
₽22336
₽24752
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
81 000
microenterprise
-
-
-
-
income
-
-
-
11 484
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.

-
-
-
26 042
total
-
-
-
37 526
Employee
29 690
-
65 276
-
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.

3 266
-
7 181
-
surtax
-
-
-
-
income
5 285
-
12 205
-
total
8 551
-
19 386
-
Employer
29 690
-
65 276
-
social contributions

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

7 152
-
15 724
-
surtax
-
-
-
-
total
7 152
-
15 724
-
Corporate
44 159
81 000
-
-
income

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

8 831
16 200
-
-
total
8 831
16 200
-
-
Dividends

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

35 328
64 800
-
-
total
-
-
-
-
Income
81 000
81 000
81 000
81 000
Total tax
24 534
16 200
35 110
37 526
After tax
56 466
64 800
45 890
43 474
Living cost
21 138
21 138
21 138
21 138
Free-cash
35 328
43 662
24 752
22 336

Estimated living cost  is ₽21138 per week

₽13486
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2013
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.
₽5160
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽14193
-₽19896
₽3529
-₽19896
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
81 000
income
-
-
-
12 004
pensions
-
-
-
11 905
health
-
-
-
10 998
total
-
-
-
34 907
Employee
86 768
86 768
86 768
-
health
13 318
11 328
13 318
-
income

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

14 202
14 202
14 202
-
pensions
15 618
11 905
15 618
-
total
43 138
37 435
43 138
-
Employer
86 768
86 768
86 768
-
unemployment
3 124
3 124
3 124
-
pensions
6 039
6 039
6 039
-
health
6 031
6 031
6 031
-
total
15 194
15 194
15 194
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
81 000
81 000
81 000
81 000
Total tax
58 332
52 629
58 332
34 907
After tax
22 668
28 371
22 668
46 093
Living cost
42 564
42 564
42 564
42 564
Free-cash
-19 896
-14 193
-19 896
3 529

Estimated living cost  is ₽42564 per week

₽30164
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3837
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽677
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7886
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽5084
₽4205
₽1236
₽4113
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
81 000
municipal
-
-
-
17 157
accident
-
-
-
162
pensions
-
-
-
8 756
other
-
-
-
9 412
unemployment
-
-
-
81
health
-
-
-
5 054
national
-
-
-
-
total
-
-
-
40 622
Employee
55 773
-
61 634
-
municipal
16 632
-
18 379
-
national
-
-
-
-
total
16 632
-
18 379
-
Employer
55 773
-
61 634
-
accident
112
-
123
-
other
6 481
-
7 162
-
unemployment
1 472
-
1 627
-
pensions
6 029
-
6 663
-
health
3 430
-
3 791
-
total
17 524
-
19 366
-
Corporate
7 703
81 000
-
-
income
1 695
17 820
-
-
total
1 695
17 820
-
-
Dividends
6 008
63 180
-
-
withholding
1 802
18 954
-
-
total
1 802
18 954
-
-
Income
81 000
81 000
81 000
81 000
Total tax
37 653
36 774
37 745
40 622
After tax
43 347
44 226
43 255
40 378
Living cost
39 142
39 142
39 142
39 142
Free-cash
4 205
5 084
4 113
1 236

Estimated living cost  is ₽39142 per week

₽25941
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3841
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽594
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8765
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽684
₽14961
₽14247
₽19800
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
81 000
trade
-
-
-
5 553
income

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

-
-
-
13 596
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.

-
-
-
6 941
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.

-
-
-
748
total
-
-
-
26 838
Employee

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

51 527
-
81 000
-
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.

6 941
-
6 941
-
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.

243
-
748
-
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.

4 427
-
13 596
-
total
11 611
-
21 285
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
29 473
81 000
-
-
surtax

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

243
669
-
-
income
4 421
12 149
-
-
trade
4 847
13 324
-
-
chamber of commerce
197
270
-
-
total
9 708
26 412
-
-
Dividends
19 765
54 588
-
-
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.

251
729
-
-
withholding
4 554
13 260
-
-
total
4 805
13 989
-
-
Income
81 000
81 000
81 000
81 000
Total tax
26 124
40 401
21 285
26 838
After tax
54 876
40 599
59 715
54 162
Living cost
39 915
39 915
39 915
39 915
Free-cash
14 961
684
19 800
14 247

Estimated living cost  is ₽39915 per week

₽26696
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4209
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽596
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8415
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽25068
₽22242
₽26989
₽25859
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
81 000
income
-
-
-
6 355
health
-
-
-
2 065
social contributions
-
-
-
12 635
total
-
-
-
21 055
Employee
78 130
78 130
78 130
-
social contributions
3 797
6 484
6 103
-
health
777
1 329
1 249
-
income
8 204
7 233
7 369
-
total
12 778
15 046
14 721
-
Employer
78 130
78 130
78 130
-
social contributions
3 797
6 484
6 103
-
health
846
1 446
1 361
-
total
4 643
7 930
7 464
-
Corporate
30 623
-
-
-
income
3 827
-
-
-
total
3 827
-
-
-
Dividends
26 796
-
-
-
withholding
4 554
-
-
-
total
4 554
-
-
-
Income
81 000
81 000
81 000
81 000
Total tax
25 802
22 976
22 185
21 055
After tax
55 198
58 024
58 815
59 945
Living cost
32 956
32 956
32 956
32 956
Free-cash
22 242
25 068
25 859
26 989

Estimated living cost  is ₽32956 per week

₽22529
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2574
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.
₽7300
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽27303
₽27689
₽37711
₽28554
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
81 000
income
-
-
-
9 902
pensions
-
-
-
8 100
unemployment
-
-
-
1 215
health
-
-
-
5 670
total
-
-
-
24 887
Employee

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

The minimum wage is 138,000 HUF per month.

26 564
10 572
67 782
-
health
1 859
740
4 745
-
income
3 247
1 292
8 286
-
pensions
2 656
1 057
6 778
-
unemployment
398
159
1 017
-
total
8 160
3 248
20 826
-
Employer

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

The minimum wage is 138,000 HUF per month.

26 564
10 572
67 782
-
pensions
5 180
2 062
13 218
-
total
5 180
2 062
13 218
-
Corporate
49 256
68 366
-
-
income
4 433
6 153
-
-
total
4 433
6 153
-
-
Dividends
44 823
62 213
-
-
social contributions
8 620
12 011
-
-
withholding
8 516
11 821
-
-
total
17 136
23 832
-
-
Income
81 000
81 000
81 000
81 000
Total tax
34 909
35 295
34 044
24 887
After tax
46 091
45 705
46 956
56 113
Living cost
18 402
18 402
18 402
18 402
Free-cash
27 689
27 303
28 554
37 711

Estimated living cost  is ₽18402 per week

₽12558
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1506
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽368
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3971
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽40258
₽33947
₽18875
₽22148
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
81 000
income
-
-
-
10 854
pensions
-
-
-
16 199
health
-
-
-
10 530
total
-
-
-
37 583
Employee
28 824
-
60 536
-
income
3 245
-
11 671
-
pensions
577
-
1 211
-
unemployment
461
-
968
-
total
4 283
-
13 850
-
Employer
28 824
-
60 536
-
unemployment
231
-
484
-
pensions
5 765
-
12 107
-
health
3 746
-
7 869
-
total
9 742
-
20 460
-
Corporate
42 433
81 000
-
-
income
8 486
16 200
-
-
total
8 486
16 200
-
-
Dividends
33 947
64 800
-
-
total
-
-
-
-
Income
81 000
81 000
81 000
81 000
Total tax
22 511
16 200
34 310
37 583
After tax
58 489
64 800
46 690
43 417
Living cost
24 542
24 542
24 542
24 542
Free-cash
33 947
40 258
22 148
18 875

Estimated living cost  is ₽24542 per week

₽16833
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1462
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.
₽5754
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽15629
₽3157
₽33529
₽18591
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
81 000
accident
-
-
-
255
income
-
-
-
18 255
pensions
-
-
-
4 197
other
-
-
-
374
health
-
-
-
2 200
total
-
-
-
25 281
Employee
34 905
-
67 287
-
health
3 997
-
7 704
-
income
4 789
-
11 225
-
pensions
3 930
-
7 576
-
total
12 716
-
26 505
-
Employer
34 905
-
67 287
-
accident
583
-
1 124
-
unemployment
855
-
1 649
-
pensions
5 676
-
10 941
-
total
7 114
-
13 714
-
Corporate
38 981
81 000
-
-
income

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

35 083
72 900
-
-
total
35 083
72 900
-
-
Dividends
3 898
8 100
-
-
withholding
740
1 539
-
-
total
740
1 539
-
-
Income
81 000
81 000
81 000
81 000
Total tax
55 653
74 439
40 219
25 281
After tax
25 347
6 561
40 781
55 719
Living cost
22 190
22 190
22 190
22 190
Free-cash
3 157
-15 629
18 591
33 529

Estimated living cost  is ₽22190 per week

₽16263
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1229
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽463
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4234
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽67688
₽65952
₽70928
₽55538
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
81 000
microenterprise

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

-
-
-
810
total
-
-
-
810
Employee
11 577
-
81 000
-
income
2 315
-
16 200
-
total
2 315
-
16 200
-
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%.

69 423
81 000
-
-
total
-
-
-
-
Dividends
69 423
81 000
-
-
withholding
3 471
4 050
-
-
total
3 471
4 050
-
-
Income
81 000
81 000
81 000
81 000
Total tax
5 786
4 050
16 200
810
After tax
75 214
76 950
64 800
80 190
Living cost
9 262
9 262
9 262
9 262
Free-cash
65 952
67 688
55 538
70 928

Estimated living cost  is ₽9262 per week

₽5740
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽770
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽255
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2498
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽32437
₽25577
₽16785
₽20402
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
81 000
income
-
-
-
10 289
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.

-
-
-
19 442
other
-
-
-
3 847
health
-
-
-
3 563
total
-
-
-
37 141
Employee
36 892
-
64 695
-
health
517
-
906
-
income
6 351
-
11 137
-
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.

2 582
-
4 529
-
unemployment
368
-
648
-
total
9 818
-
17 220
-
Employer
36 892
-
64 695
-
accident
295
-
517
-
other
1 845
-
3 235
-
unemployment
368
-
648
-
pensions

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

6 272
-
10 998
-
health
517
-
906
-
total
9 297
-
16 304
-
Corporate
34 810
81 000
-
-
income
7 310
17 010
-
-
total
7 310
17 010
-
-
Dividends
27 500
63 990
-
-
withholding
1 924
4 479
-
-
total
1 924
4 479
-
-
Income
81 000
81 000
81 000
81 000
Total tax
28 349
21 489
33 524
37 141
After tax
52 651
59 511
47 476
43 859
Living cost
27 074
27 074
27 074
27 074
Free-cash
25 577
32 437
20 402
16 785

Estimated living cost  is ₽27074 per week

₽19129
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1828
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽436
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5680
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽7708
-₽29036
-₽8064
-₽16981
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
81 000
income
-
-
-
15 084
pensions
-
-
-
5 583
total
-
-
-
20 667
Employee
96 771
-
71 676
-
health
1 595
-
1 081
-
income
17 444
-
12 854
-
pensions
9 336
-
6 324
-
total
28 375
-
20 259
-
Employer
96 771
-
71 676
-
pensions
11 426
-
7 962
-
health
1 838
-
1 363
-
total
13 264
-
9 325
-
Corporate
-
81 000
-
-
income

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

-
15 390
-
-
total
-
15 390
-
-
Dividends
-
65 610
-
-
withholding
-
4 921
-
-
total
-
4 921
-
-
Income
81 000
81 000
81 000
81 000
Total tax
41 639
20 311
29 584
20 667
After tax
39 361
60 689
51 416
60 333
Living cost
68 397
68 397
68 397
68 397
Free-cash
-29 036
-7 708
-16 981
-8 064

Estimated living cost  is ₽68397 per week

₽51251
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽8036
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽556
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8554
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽55933
₽51214
₽46051
₽48172
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
81 000
income
-
-
-
12 150
pensions

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

-
-
-
5 253
unemployment
-
-
-
142
health
-
-
-
4 082
total
-
-
-
21 627
Employee
17 640
-
74 037
-
health
811
-
1 633
-
accident

We are using the highest rate at 1.1%.

194
-
390
-
income
1 764
-
7 404
-
pensions

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

1 549
-
3 116
-
total
4 318
-
12 543
-
Employer
17 640
-
74 037
-
accident

We are using the highest rate at 1.1%.

194
-
390
-
unemployment
105
-
213
-
pensions

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

1 944
-
3 911
-
health
1 218
-
2 449
-
total
3 461
-
6 963
-
Corporate
59 898
81 000
-
-
income
5 990
8 100
-
-
total
5 990
8 100
-
-
Dividends
53 908
72 900
-
-
withholding
2 695
3 645
-
-
total
2 695
3 645
-
-
Income
81 000
81 000
81 000
81 000
Total tax
16 464
11 745
19 506
21 627
After tax
64 536
69 255
61 494
59 373
Living cost
13 322
13 322
13 322
13 322
Free-cash
51 214
55 933
48 172
46 051

Estimated living cost  is ₽13322 per week

₽7778
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽951
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽353
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4240
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Varna model

Close
Amsterdam , Netherlands
-₽27971
-₽29695
-₽10249
-₽33674
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
81 000
income
-
-
-
12 004
pensions
-
-
-
11 905
health
-
-
-
10 998
total
-
-
-
34 907
Employee
94 202
86 768
86 768
-
health
11 752
11 328
13 318
-
income

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

14 202
14 202
14 202
-
pensions
11 905
11 905
15 618
-
total
37 859
37 435
43 138
-
Employer
94 202
86 768
86 768
-
unemployment
3 392
3 124
3 124
-
pensions
6 556
6 039
6 039
-
health
6 546
6 031
6 031
-
total
16 494
15 194
15 194
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
81 000
81 000
81 000
81 000
Total tax
54 353
52 629
58 332
34 907
After tax
26 647
28 371
22 668
46 093
Living cost
56 342
56 342
56 342
56 342
Free-cash
-29 695
-27 971
-33 674
-10 249

Estimated living cost  is ₽56342 per week

₽41562
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽5033
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽646
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9103
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽31495
₽22834
₽15177
₽16831
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
81 000
income
-
-
-
6 962
health
-
-
-
10 935
solidarity contribution
-
-
-
-
social contributions
-
-
-
23 652
total
-
-
-
41 549
Employee
35 696
-
60 448
-
social contributions
2 320
-
3 929
-
health
4 819
-
8 160
-
solidarity contribution
-
-
-
-
income
4 284
-
7 254
-
total
11 423
-
19 343
-
Employer
35 696
-
60 448
-
social contributions
8 924
-
15 112
-
health
3 213
-
5 440
-
total
12 137
-
20 552
-
Corporate
33 167
81 000
-
-
income
6 302
15 390
-
-
total
6 302
15 390
-
-
Dividends
26 865
65 610
-
-
withholding
4 030
9 841
-
-
total
4 030
9 841
-
-
Income
81 000
81 000
81 000
81 000
Total tax
33 892
25 231
39 895
41 549
After tax
47 108
55 769
41 105
39 451
Living cost
24 274
24 274
24 274
24 274
Free-cash
22 834
31 495
16 831
15 177

Estimated living cost  is ₽24274 per week

₽16861
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1727
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5209
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽344
-₽9301
₽185
-₽3703
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
81 000
municipal
-
-
-
482
regional
-
-
-
858
national
-
-
-
15 767
social contributions
-
-
-
20 834
total
-
-
-
37 941
Employee
90 301
-
81 000
-
social contributions
30 450
-
27 313
-
regional
852
-
747
-
municipal
478
-
430
-
national
15 647
-
13 339
-
total
47 427
-
41 829
-
Employer
90 301
-
81 000
-
total
-
-
-
-
Corporate
-
81 000
-
-
nationa
-
19 440
-
-
municipal
-
3 158
-
-
total
-
22 598
-
-
Dividends
-
58 402
-
-
withholding
-
15 184
-
-
total
-
15 184
-
-
Income
81 000
81 000
81 000
81 000
Total tax
47 427
37 782
41 829
37 941
After tax
33 573
43 218
39 171
43 059
Living cost
42 874
42 874
42 874
42 874
Free-cash
-9 301
344
-3 703
185

Estimated living cost  is ₽42874 per week

₽29887
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2811
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽658
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9517
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28529
₽25367
₽21366
₽19656
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
81 000
income
-
-
-
13 663
pensions
-
-
-
16 200
other
-
-
-
-
unemployment
-
-
-
231
health
-
-
-
5 752
surtax
-
-
-
1 367
total
-
-
-
37 213
Employee
33 601
-
66 915
-
other
-
-
-
-
health
858
-
1 706
-
surtax
110
-
1 215
-
income
5 632
-
12 795
-
pensions
2 241
-
4 464
-
unemployment
2 339
-
4 657
-
total
11 180
-
24 837
-
Employer
33 601
-
66 915
-
other
-
-
-
-
unemployment
1 064
-
2 121
-
pensions
4 479
-
8 920
-
health
1 529
-
3 045
-
total
7 072
-
14 086
-
Corporate
40 327
81 000
-
-
income
10 485
21 059
-
-
total
10 485
21 059
-
-
Dividends
29 841
59 941
-
-
withholding
4 475
8 991
-
-
total
4 475
8 991
-
-
Income
81 000
81 000
81 000
81 000
Total tax
33 212
30 050
38 923
37 213
After tax
47 788
50 950
42 077
43 787
Living cost
22 421
22 421
22 421
22 421
Free-cash
25 367
28 529
19 656
21 366

Estimated living cost  is ₽22421 per week

₽13709
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2069
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽517
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6126
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽13962
₽5915
₽13606
₽4689
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
81 000
income
-
-
-
15 084
pensions
-
-
-
5 583
total
-
-
-
20 667
Employee
64 853
-
71 676
-
health
941
-
1 081
-
income
11 680
-
12 854
-
pensions
5 505
-
6 324
-
total
18 126
-
20 259
-
Employer
64 853
-
71 676
-
pensions
7 020
-
7 962
-
health
1 232
-
1 363
-
total
8 252
-
9 325
-
Corporate
7 894
81 000
-
-
income

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

1 500
15 390
-
-
total
1 500
15 390
-
-
Dividends
6 394
65 610
-
-
withholding
480
4 921
-
-
total
480
4 921
-
-
Income
81 000
81 000
81 000
81 000
Total tax
28 358
20 311
29 584
20 667
After tax
52 642
60 689
51 416
60 333
Living cost
46 727
46 727
46 727
46 727
Free-cash
5 915
13 962
4 689
13 606

Estimated living cost  is ₽46727 per week

₽35007
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3502
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽489
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7728
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽40585
-₽18496
-₽9499
-₽13631
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
81 000
city
-
-
-
853
pensions
-
-
-
7 453
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.

-
-
-
1 621
regional
-
-
-
2 355
health
-
-
-
253
national
-
-
-
338
total
-
-
-
12 873
Employee
90 843
-
72 499
-
city
975
-
780
-
regional
2 975
-
1 984
-
health
205
-
163
-
pensions
7 632
-
6 091
-
unemployment
-
-
-
-
national
430
-
284
-
total
12 217
-
9 302
-
Employer
90 843
-
72 499
-
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.

1 816
-
1 449
-
unemployment
-
-
-
-
pensions
7 632
-
6 091
-
health
205
-
163
-
total
9 653
-
7 703
-
Corporate
-
81 000
-
-
regional
-
17 132
-
-
national
-
6 884
-
-
total
-
24 016
-
-
Dividends
-
56 983
-
-
withholding
-
19 943
-
-
total
-
19 943
-
-
Income
81 000
81 000
81 000
81 000
Total tax
21 870
43 959
17 005
12 873
After tax
59 130
37 041
63 995
68 127
Living cost
77 626
77 626
77 626
77 626
Free-cash
-18 496
-40 585
-13 631
-9 499

Estimated living cost  is ₽77626 per week

₽50479
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6966
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽953
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽19228
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽6363
₽10110
₽7379
₽13169
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
81 000
trade
-
-
-
5 790
income

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

-
-
-
13 596
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.

-
-
-
6 941
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.

-
-
-
748
total
-
-
-
27 075
Employee

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

61 064
-
81 000
-
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.

6 941
-
6 941
-
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.

395
-
748
-
income

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

7 181
-
13 596
-
total
14 517
-
21 285
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
19 936
81 000
-
-
surtax

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

164
669
-
-
income
2 991
12 149
-
-
trade
3 419
13 891
-
-
chamber of commerce
183
268
-
-
total
6 757
26 977
-
-
Dividends
13 180
54 023
-
-
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.

160
721
-
-
withholding
2 910
13 119
-
-
total
3 070
13 840
-
-
Income
81 000
81 000
81 000
81 000
Total tax
24 344
40 817
21 285
27 075
After tax
56 656
40 183
59 715
53 925
Living cost
46 546
46 546
46 546
46 546
Free-cash
10 110
-6 363
13 169
7 379

Estimated living cost  is ₽46546 per week

₽33996
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3723
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽605
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8224
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽6060
₽12062
₽12334
₽13164
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
81 000
income
-
-
-
4 604
pensions
-
-
-
23 781
other
-
-
-
2 510
health
-
-
-
700
surtax
-
-
-
-
social contributions
-
-
-
2 308
total
-
-
-
33 903
Employee
43 486
-
61 726
-
social contributions
1 240
-
1 758
-
surtax
-
-
-
-
income
2 566
-
5 059
-
pensions
4 917
-
6 980
-
total
8 723
-
13 797
-
Employer
43 486
-
61 726
-
other
1 500
-
2 129
-
social contributions
131
-
185
-
unemployment
1 760
-
2 501
-
pensions
7 144
-
10 140
-
health
3 045
-
4 321
-
total
13 580
-
19 276
-
Corporate
23 934
81 000
-
-
surtax
-
-
-
-
income
6 702
22 679
-
-
total
6 702
22 679
-
-
Dividends
17 232
58 321
-
-
surtax
-
-
-
-
social contributions
2 964
10 032
-
-
withholding
2 206
7 466
-
-
total
5 170
17 498
-
-
Income
81 000
81 000
81 000
81 000
Total tax
34 175
40 177
33 073
33 903
After tax
46 825
40 823
47 927
47 097
Living cost
34 763
34 763
34 763
34 763
Free-cash
12 062
6 060
13 164
12 334

Estimated living cost  is ₽34763 per week

₽21919
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2827
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽592
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9427
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽9504
₽15151
₽15778
₽16608
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
81 000
income
-
-
-
4 604
pensions
-
-
-
23 781
other
-
-
-
2 510
health
-
-
-
700
surtax
-
-
-
-
social contributions
-
-
-
2 308
total
-
-
-
33 903
Employee
38 817
-
61 726
-
social contributions
1 107
-
1 758
-
surtax
-
-
-
-
income
2 001
-
5 059
-
pensions
4 390
-
6 980
-
total
7 498
-
13 797
-
Employer
38 817
-
61 726
-
other
1 340
-
2 129
-
social contributions
116
-
185
-
unemployment
1 571
-
2 501
-
pensions
6 378
-
10 140
-
health
2 717
-
4 321
-
total
12 122
-
19 276
-
Corporate
30 060
81 000
-
-
surtax
-
-
-
-
income
8 416
22 679
-
-
total
8 416
22 679
-
-
Dividends
21 644
58 321
-
-
surtax
-
-
-
-
social contributions
3 723
10 032
-
-
withholding
2 771
7 466
-
-
total
6 494
17 498
-
-
Income
81 000
81 000
81 000
81 000
Total tax
34 530
40 177
33 073
33 903
After tax
46 470
40 823
47 927
47 097
Living cost
31 319
31 319
31 319
31 319
Free-cash
15 151
9 504
16 608
15 778

Estimated living cost  is ₽31319 per week

₽18163
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3181
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽594
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9381
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽27874
₽28400
₽30475
₽31682
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
81 000
income
-
-
-
12 149
health
-
-
-
5 653
social contributions
-
-
-
11 178
total
-
-
-
28 980
Employee
34 451
-
81 000
-
social contributions
4 755
-
11 178
-
health
2 404
-
5 653
-
income
5 746
-
10 942
-
total
12 905
-
27 773
-
Employer
34 451
-
81 000
-
total
-
-
-
-
Corporate
46 549
81 000
-
-
income

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

2 327
4 049
-
-
total
2 327
4 049
-
-
Dividends
44 222
76 951
-
-
health
3 087
5 372
-
-
social contributions
6 103
10 618
-
-
withholding
6 633
11 542
-
-
total
15 823
27 532
-
-
Income
81 000
81 000
81 000
81 000
Total tax
31 055
31 581
27 773
28 980
After tax
49 945
49 419
53 227
52 020
Living cost
21 545
21 545
21 545
21 545
Free-cash
28 400
27 874
31 682
30 475

Estimated living cost  is ₽21545 per week

₽14419
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1329
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽496
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5301
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽9949
₽8380
₽7276
-₽8357
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
81 000
chamber of commerce
-
-
-
324
income
-
-
-
9 982
pensions
-
-
-
14 986
unemployment
-
-
-
6 232
health
-
-
-
6 197
surtax
-
-
-
201
total
-
-
-
37 922
Employee
50 778
40 492
62 742
-
other
507
405
627
-
health
1 965
1 568
2 428
-
income
5 781
2 987
9 211
-
pensions
5 200
4 146
6 425
-
unemployment
1 523
1 215
1 882
-
total
14 976
10 321
20 573
-
Employer
50 778
40 492
62 742
-
accident
659
526
816
-
other
2 412
1 922
2 981
-
chamber of commerce
202
162
251
-
unemployment
1 523
1 215
1 882
-
surtax
201
201
201
-
pensions
6 373
5 083
7 875
-
payroll
1 523
1 215
1 882
-
health
1 919
1 531
2 372
-
total
14 812
11 855
18 260
-
Corporate
15 410
28 654
58 886
-
income

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

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

3 852
7 163
14 722
-
total
3 852
7 163
14 722
-
Dividends
11 557
21 491
-
-
withholding
3 178
5 910
-
-
total
3 178
5 910
-
-
Income
81 000
81 000
81 000
81 000
Total tax
36 818
35 249
53 555
37 922
After tax
44 182
45 751
27 445
43 078
Living cost
35 802
35 802
35 802
35 802
Free-cash
8 380
9 949
-8 357
7 276

Estimated living cost  is ₽35802 per week

₽23878
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3054
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽588
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8281
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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
₽8456
-₽12837
₽3084
-₽4237
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
81 000
national
-
-
-
25 177
communal

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

-
-
-
4 169
social contributions
-
-
-
11 523
total
-
-
-
40 869
Employee

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

72 680
-
62 736
-
communal

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

3 791
-
3 272
-
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.

3 415
-
2 948
-
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.

5 451
-
4 705
-
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.

632
-
546
-
national
22 345
-
18 455
-
total
35 634
-
29 926
-
Employer

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

72 680
-
62 736
-
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.

945
-
816
-
unemployment

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

1 060
-
916
-
surtax
8 241
-
7 115
-
pensions

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

6 440
-
5 559
-
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.

4 470
-
3 858
-
total
21 156
-
18 264
-
Corporate
-
81 000
-
-
surtax
-
324
-
-
income
-
16 200
-
-
total
-
16 524
-
-
Dividends
-
64 476
-
-
withholding

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

-
18 973
-
-
total
-
18 973
-
-
Income
81 000
81 000
81 000
81 000
Total tax
56 790
35 497
48 190
40 869
After tax
24 210
45 503
32 810
40 131
Living cost
37 047
37 047
37 047
37 047
Free-cash
-12 837
8 456
-4 237
3 084

Estimated living cost  is ₽37047 per week

₽23863
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3239
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽580
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9365
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽17929
₽9834
₽6534
₽7106
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
81 000
accident
-
-
-
729
income
-
-
-
13 473
pensions
-
-
-
22 922
other
-
-
-
81
unemployment
-
-
-
567
total
-
-
-
37 772
Employee
50 577
-
61 419
-
other
50
-
62
-
income
10 671
-
13 718
-
pensions
2 377
-
2 886
-
unemployment
785
-
953
-
total
13 883
-
17 619
-
Employer
50 577
-
61 419
-
accident
1 001
-
1 217
-
other
403
-
492
-
unemployment
2 782
-
3 378
-
pensions
11 935
-
14 494
-
total
16 121
-
19 581
-
Corporate
14 301
81 000
-
-
income

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

2 146
12 149
-
-
total
2 146
12 149
-
-
Dividends
12 155
68 851
-
-
withholding
2 322
14 228
-
-
total
2 322
14 228
-
-
Income
81 000
81 000
81 000
81 000
Total tax
34 472
26 377
37 200
37 772
After tax
46 528
54 623
43 800
43 228
Living cost
36 694
36 694
36 694
36 694
Free-cash
9 834
17 929
7 106
6 534

Estimated living cost  is ₽36694 per week

₽27021
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2603
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.
₽6540
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽5100
-₽5138
-₽6795
-₽2667
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
81 000
accident
-
-
-
683
income
-
-
-
4 926
pensions
-
-
-
12 142
health
-
-
-
5 692
surtax
-
-
-
4 016
communal
-
-
-
5 119
total
-
-
-
32 578
Employee
76 946
-
72 352
-
health
3 424
-
3 220
-
surtax
4 716
-
4 435
-
income
7 432
-
6 359
-
pensions
6 155
-
5 788
-
total
21 727
-
19 802
-
Employer
76 946
-
72 352
-
accident
692
-
652
-
pensions
6 155
-
5 788
-
health
2 347
-
2 208
-
total
9 194
-
8 648
-
Corporate
-
81 000
-
-
surtax
-
850
-
-
communal
-
5 468
-
-
income
-
12 149
-
-
total
-
18 467
-
-
Dividends
-
62 532
-
-
income
-
3 035
-
-
withholding
-
9 381
-
-
total
-
12 416
-
-
Income
81 000
81 000
81 000
81 000
Total tax
30 921
30 883
28 450
32 578
After tax
50 079
50 117
52 550
48 422
Living cost
55 217
55 217
55 217
55 217
Free-cash
-5 138
-5 100
-2 667
-6 795

Estimated living cost  is ₽55217 per week

₽41421
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3345
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽584
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9865
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28128
₽24897
₽20965
₽19255
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
81 000
income
-
-
-
13 663
pensions
-
-
-
16 200
other
-
-
-
-
unemployment
-
-
-
231
health
-
-
-
5 752
surtax
-
-
-
1 367
total
-
-
-
37 213
Employee
34 217
-
66 915
-
other
-
-
-
-
health
873
-
1 706
-
surtax
121
-
1 215
-
income
5 736
-
12 795
-
pensions
2 283
-
4 464
-
unemployment
2 381
-
4 657
-
total
11 394
-
24 837
-
Employer
34 217
-
66 915
-
other
-
-
-
-
unemployment
1 086
-
2 121
-
pensions
4 562
-
8 920
-
health
1 556
-
3 045
-
total
7 204
-
14 086
-
Corporate
39 579
81 000
-
-
income
10 291
21 059
-
-
total
10 291
21 059
-
-
Dividends
29 288
59 941
-
-
withholding
4 392
8 991
-
-
total
4 392
8 991
-
-
Income
81 000
81 000
81 000
81 000
Total tax
33 281
30 050
38 923
37 213
After tax
47 719
50 950
42 077
43 787
Living cost
22 822
22 822
22 822
22 822
Free-cash
24 897
28 128
19 255
20 965

Estimated living cost  is ₽22822 per week

₽13779
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1984
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽530
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6531
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽15204
₽12948
₽15325
₽11457
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
81 000
municipal
-
-
-
482
regional
-
-
-
1 221
national
-
-
-
15 767
social contributions
-
-
-
20 834
total
-
-
-
38 304
Employee
56 363
-
81 000
-
social contributions
19 006
-
27 313
-
regional
759
-
1 090
-
municipal
299
-
430
-
national
8 929
-
13 339
-
total
28 993
-
42 172
-
Employer
56 363
-
81 000
-
total
-
-
-
-
Corporate
24 637
81 000
-
-
nationa
5 914
19 440
-
-
municipal
1 224
4 026
-
-
total
7 138
23 466
-
-
Dividends
17 499
57 534
-
-
withholding
4 550
14 959
-
-
total
4 550
14 959
-
-
Income
81 000
81 000
81 000
81 000
Total tax
40 681
38 425
42 172
38 304
After tax
40 319
42 575
38 828
42 696
Living cost
27 371
27 371
27 371
27 371
Free-cash
12 948
15 204
11 457
15 325

Estimated living cost  is ₽27371 per week

₽17022
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2773
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽469
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7107
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽25858
₽15187
₽9540
₽11194
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
81 000
income
-
-
-
6 962
health
-
-
-
10 935
solidarity contribution
-
-
-
-
social contributions
-
-
-
23 652
total
-
-
-
41 549
Employee
43 987
-
60 448
-
social contributions
2 859
-
3 929
-
health
5 938
-
8 160
-
solidarity contribution
-
-
-
-
income
5 278
-
7 254
-
total
14 075
-
19 343
-
Employer
43 987
-
60 448
-
social contributions
10 997
-
15 112
-
health
3 959
-
5 440
-
total
14 956
-
20 552
-
Corporate
22 057
81 000
-
-
income
4 191
15 390
-
-
total
4 191
15 390
-
-
Dividends
17 866
65 610
-
-
withholding
2 680
9 841
-
-
total
2 680
9 841
-
-
Income
81 000
81 000
81 000
81 000
Total tax
35 902
25 231
39 895
41 549
After tax
45 098
55 769
41 105
39 451
Living cost
29 911
29 911
29 911
29 911
Free-cash
15 187
25 858
11 194
9 540

Estimated living cost  is ₽29911 per week

₽22244
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1657
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽517
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5493
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽13444
₽12946
₽10863
-₽4924
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
81 000
chamber of commerce
-
-
-
324
income
-
-
-
9 982
pensions
-
-
-
14 986
unemployment
-
-
-
6 232
health
-
-
-
6 197
surtax
-
-
-
-
total
-
-
-
37 721
Employee
44 415
40 492
62 898
-
other
443
405
629
-
health
1 718
1 568
2 433
-
income
3 957
2 987
9 255
-
pensions
4 549
4 146
6 440
-
unemployment
1 332
1 215
1 888
-
total
11 999
10 321
20 645
-
Employer
44 415
40 492
62 898
-
accident
577
526
818
-
other
2 109
1 922
2 987
-
chamber of commerce
177
162
251
-
unemployment
1 332
1 215
1 888
-
surtax
-
-
-
-
pensions
5 574
5 083
7 894
-
payroll
1 332
1 215
1 888
-
health
1 679
1 531
2 377
-
total
12 780
11 654
18 103
-
Corporate
23 803
28 855
59 042
-
income

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

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

5 950
7 213
14 760
-
total
5 950
7 213
14 760
-
Dividends
17 853
21 641
-
-
withholding
4 909
5 952
-
-
total
4 909
5 952
-
-
Income
81 000
81 000
81 000
81 000
Total tax
35 638
35 140
53 508
37 721
After tax
45 362
45 860
27 492
43 279
Living cost
32 416
32 416
32 416
32 416
Free-cash
12 946
13 444
-4 924
10 863

Estimated living cost  is ₽32416 per week

₽19446
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3311
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽578
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9082
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62517
₽59811
₽65757
₽50367
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
81 000
microenterprise

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

-
-
-
810
total
-
-
-
810
Employee
18 041
-
81 000
-
income
3 608
-
16 200
-
total
3 608
-
16 200
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

62 959
81 000
-
-
total
-
-
-
-
Dividends
62 959
81 000
-
-
withholding
3 148
4 050
-
-
total
3 148
4 050
-
-
Income
81 000
81 000
81 000
81 000
Total tax
6 756
4 050
16 200
810
After tax
74 244
76 950
64 800
80 190
Living cost
14 433
14 433
14 433
14 433
Free-cash
59 811
62 517
50 367
65 757

Estimated living cost  is ₽14433 per week

₽9767
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽606
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.
₽3576
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28515
₽20016
₽15557
₽13240
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
81 000
income
-
-
-
15 305
pensions
-
-
-
14 793
unemployment
-
-
-
121
health
-
-
-
7 971
total
-
-
-
38 190
Employee

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

44 931
-
70 087
-
health
2 902
-
4 527
-
income
7 748
-
14 108
-
pensions
6 965
-
10 863
-
unemployment
64
-
98
-
total
17 679
-
29 596
-
Employer

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

44 931
-
70 087
-
unemployment
27
-
42
-
pensions
3 976
-
6 203
-
health
2 993
-
4 666
-
total
6 996
-
10 911
-
Corporate
29 074
81 000
-
-
income
5 524
15 391
-
-
total
5 524
15 391
-
-
Dividends
23 550
65 609
-
-
withholding
3 532
9 841
-
-
total
3 532
9 841
-
-
Income
81 000
81 000
81 000
81 000
Total tax
33 731
25 232
40 507
38 190
After tax
47 269
55 768
40 493
42 810
Living cost
27 253
27 253
27 253
27 253
Free-cash
20 016
28 515
13 240
15 557

Estimated living cost  is ₽27253 per week

₽18703
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1747
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.
₽6276
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽5387
-₽70677
₽12084
₽23725
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
81 000
income
-
-
-
15 789
social contributions
-
-
-
9 234
total
-
-
-
25 023
Employee
62 937
-
-
-
social contributions
5 161
-
735
-
income
13 883
-
-
-
total
19 044
-
735
-
Employer
62 937
-
-
-
social contributions
88 740
-
12 647
-
total
88 740
-
12 647
-
Corporate
-
81 000
-
-
income
-
17 820
-
-
total
-
17 820
-
-
Dividends
-
63 180
-
-
income
-
13 900
-
-
total
-
13 900
-
-
Income
81 000
81 000
81 000
81 000
Total tax
107 784
31 720
13 382
25 023
After tax
-26 784
49 280
67 618
55 977
Living cost
43 893
43 893
43 893
43 893
Free-cash
-70 677
5 387
23 725
12 084

Estimated living cost  is ₽43893 per week

₽28480
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4128
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽559
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10726
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽14202
₽13177
₽13988
₽10629
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
81 000
income
-
-
-
6 994
surtax
-
-
-
-
social contributions

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

-
-
-
28 147
total
-
-
-
35 141
Employee
46 731
-
65 455
-
social contributions
5 141
-
7 200
-
surtax
-
-
-
-
income
9 720
-
15 755
-
total
14 861
-
22 955
-
Employer
46 731
-
65 455
-
social contributions
11 099
-
15 545
-
total
11 099
-
15 545
-
Corporate
23 170
81 000
-
-
surtax
-
-
-
-
income
4 867
17 010
-
-
total
4 867
17 010
-
-
Dividends
18 304
63 990
-
-
withholding
5 125
17 917
-
-
total
5 125
17 917
-
-
Income
81 000
81 000
81 000
81 000
Total tax
35 952
34 927
38 500
35 141
After tax
45 048
46 073
42 500
45 859
Living cost
31 871
31 871
31 871
31 871
Free-cash
13 177
14 202
10 629
13 988

Estimated living cost  is ₽31871 per week

₽23846
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1880
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽532
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5613
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽8252
-₽2513
-₽1978
-₽1148
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
81 000
income
-
-
-
4 604
pensions
-
-
-
23 781
other
-
-
-
2 510
health
-
-
-
700
surtax
-
-
-
-
social contributions
-
-
-
2 308
total
-
-
-
33 903
Employee
63 638
-
61 726
-
social contributions
1 812
-
1 758
-
surtax
-
-
-
-
income
5 553
-
5 059
-
pensions
7 198
-
6 980
-
total
14 563
-
13 797
-
Employer
63 638
-
61 726
-
other
2 196
-
2 129
-
social contributions
191
-
185
-
unemployment
2 578
-
2 501
-
pensions
10 456
-
10 140
-
health
4 454
-
4 321
-
total
19 875
-
19 276
-
Corporate
-
81 000
-
-
surtax
-
-
-
-
income
-
22 679
-
-
total
-
22 679
-
-
Dividends
-
58 321
-
-
surtax
-
-
-
-
social contributions
-
10 032
-
-
withholding
-
7 466
-
-
total
-
17 498
-
-
Income
81 000
81 000
81 000
81 000
Total tax
34 438
40 177
33 073
33 903
After tax
46 562
40 823
47 927
47 097
Living cost
49 074
49 074
49 074
49 074
Free-cash
-2 513
-8 252
-1 148
-1 978

Estimated living cost  is ₽49074 per week

₽33213
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4014
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽673
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11174
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽42358
₽38945
₽31793
₽34065
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
81 000
income
-
-
-
845
social contributions
-
-
-
17 820
total
-
-
-
18 665
Employee
32 665
-
70 129
-
income
-
-
964
-
social contributions
2 123
-
4 558
-
total
2 123
-
5 522
-
Employer
32 665
-
70 129
-
social contributions
5 063
-
10 871
-
total
5 063
-
10 871
-
Corporate
43 271
81 000
-
-
income
4 327
8 100
-
-
total
4 327
8 100
-
-
Dividends
38 944
72 900
-
-
total
-
-
-
-
Income
81 000
81 000
81 000
81 000
Total tax
11 513
8 100
16 393
18 665
After tax
69 487
72 900
64 607
62 335
Living cost
30 542
30 542
30 542
30 542
Free-cash
38 945
42 358
34 065
31 793

Estimated living cost  is ₽30542 per week

₽19748
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2302
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽575
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7917
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽140352
-₽140352
₽2190
-₽140352
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
81 000
municipal
-
-
-
14 314
pensions
-
-
-
881
national
-
-
-
8 277
labour market
-
-
-
6 410
total
-
-
-
29 882
Employee
206 514
206 514
206 514
-
labour market
16 498
16 498
16 498
-
national
25 229
25 229
25 229
-
municipal
43 976
43 976
43 976
-
pensions
294
294
294
-
total
85 997
85 997
85 997
-
Employer
206 514
206 514
206 514
-
labour market
16 521
16 521
16 521
-
municipal
44 046
44 046
44 046
-
pensions
587
587
587
-
national
25 273
25 273
25 273
-
total
86 427
86 427
86 427
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
81 000
81 000
81 000
81 000
Total tax
172 424
172 424
172 424
29 882
After tax
-91 424
-91 424
-91 424
51 118
Living cost
48 928
48 928
48 928
48 928
Free-cash
-140 352
-140 352
-140 352
2 190

Estimated living cost  is ₽48928 per week

₽33487
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4328
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽752
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10360
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽15301
₽3208
₽33857
₽18919
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
81 000
accident
-
-
-
255
income
-
-
-
18 255
pensions
-
-
-
4 197
other
-
-
-
374
health
-
-
-
2 200
total
-
-
-
25 281
Employee
34 391
-
67 287
-
health
3 938
-
7 704
-
income
4 718
-
11 225
-
pensions
3 873
-
7 576
-
total
12 529
-
26 505
-
Employer
34 391
-
67 287
-
accident
574
-
1 124
-
unemployment
843
-
1 649
-
pensions
5 592
-
10 941
-
total
7 009
-
13 714
-
Corporate
39 600
81 000
-
-
income

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

35 640
72 900
-
-
total
35 640
72 900
-
-
Dividends
3 960
8 100
-
-
withholding
752
1 539
-
-
total
752
1 539
-
-
Income
81 000
81 000
81 000
81 000
Total tax
55 930
74 439
40 219
25 281
After tax
25 070
6 561
40 781
55 719
Living cost
21 862
21 862
21 862
21 862
Free-cash
3 208
-15 301
18 919
33 857

Estimated living cost  is ₽21862 per week

₽15913
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1246
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽410
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4292
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽16164
₽12078
₽20668
₽8835
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
81 000
municipal
-
-
-
14 432
health
-
-
-
823
national
-
-
-
6 068
total
-
-
-
21 323
Employee
53 457
-
68 141
-
health
399
-
625
-
municipal
8 756
-
11 141
-
pensions
3 608
-
4 599
-
unemployment
802
-
1 022
-
national
883
-
2 913
-
total
14 448
-
20 300
-
Employer
53 457
-
68 141
-
accident
54
-
67
-
unemployment
347
-
443
-
pensions
9 275
-
11 822
-
health
411
-
524
-
total
10 087
-
12 856
-
Corporate
17 457
81 000
-
-
income
3 492
16 200
-
-
total
3 492
16 200
-
-
Dividends

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

10 473
48 600
-
-
national
-
879
-
-
municipal
1 886
8 748
-
-
total
1 886
9 627
-
-
Income
81 000
81 000
81 000
81 000
Total tax
29 913
25 827
33 156
21 323
After tax
51 087
55 173
47 844
59 677
Living cost
39 009
39 009
39 009
39 009
Free-cash
12 078
16 164
8 835
20 668

Estimated living cost  is ₽39009 per week

₽25481
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3752
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽621
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9157
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽34499
₽30356
₽36420
₽35290
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
81 000
income
-
-
-
6 355
health
-
-
-
2 065
social contributions
-
-
-
12 635
total
-
-
-
21 055
Employee
78 130
78 130
78 130
-
social contributions
2 954
6 484
6 103
-
health
605
1 329
1 249
-
income
8 507
7 233
7 369
-
total
12 066
15 046
14 721
-
Employer
78 130
78 130
78 130
-
social contributions
2 954
6 484
6 103
-
health
658
1 446
1 361
-
total
3 612
7 930
7 464
-
Corporate
41 797
-
-
-
income
5 225
-
-
-
total
5 225
-
-
-
Dividends
36 572
-
-
-
withholding
6 216
-
-
-
total
6 216
-
-
-
Income
81 000
81 000
81 000
81 000
Total tax
27 119
22 976
22 185
21 055
After tax
53 881
58 024
58 815
59 945
Living cost
23 525
23 525
23 525
23 525
Free-cash
30 356
34 499
35 290
36 420

Estimated living cost  is ₽23525 per week

₽14099
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2308
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽521
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6598
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽50945
₽45774
₽47268
₽33900
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
81 000
income
-
-
-
7 431
pensions
-
-
-
6 463
unemployment
-
-
-
29
health
-
-
-
3 677
total
-
-
-
17 600
Employee

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

23 322
-
73 436
-
health
1 982
-
6 241
-
income
1 595
-
5 781
-
pensions
3 498
-
11 016
-
unemployment
116
-
366
-
total
7 191
-
23 404
-
Employer

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

23 322
-
73 436
-
unemployment
116
-
366
-
pensions
1 282
-
4 040
-
health
1 003
-
3 158
-
total
2 401
-
7 564
-
Corporate
55 277
81 000
-
-
income
4 975
7 290
-
-
total
4 975
7 290
-
-
Dividends
50 303
73 710
-
-
withholding
4 527
6 633
-
-
total
4 527
6 633
-
-
Income
81 000
81 000
81 000
81 000
Total tax
19 094
13 923
30 968
17 600
After tax
61 906
67 077
50 032
63 400
Living cost
16 132
16 132
16 132
16 132
Free-cash
45 774
50 945
33 900
47 268

Estimated living cost  is ₽16132 per week

₽10293
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1163
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.
₽4196
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽26682
₽21352
₽15287
₽15859
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
81 000
accident
-
-
-
729
income
-
-
-
13 473
pensions
-
-
-
22 922
other
-
-
-
81
unemployment
-
-
-
567
total
-
-
-
37 772
Employee
37 570
-
61 419
-
other
37
-
62
-
income
7 243
-
13 718
-
pensions
1 766
-
2 886
-
unemployment
582
-
953
-
total
9 628
-
17 619
-
Employer
37 570
-
61 419
-
accident
744
-
1 217
-
other
301
-
492
-
unemployment
2 067
-
3 378
-
pensions
8 866
-
14 494
-
total
11 978
-
19 581
-
Corporate
31 452
81 000
-
-
income

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

4 718
12 149
-
-
total
4 718
12 149
-
-
Dividends
26 734
68 851
-
-
withholding
5 383
14 228
-
-
total
5 383
14 228
-
-
Income
81 000
81 000
81 000
81 000
Total tax
31 707
26 377
37 200
37 772
After tax
49 293
54 623
43 800
43 228
Living cost
27 941
27 941
27 941
27 941
Free-cash
21 352
26 682
15 859
15 287

Estimated living cost  is ₽27941 per week

₽18859
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2686
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽490
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5906
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47763
₽47307
₽48235
₽48038
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
81 000
income
-
-
-
26 484
pensions
-
-
-
2 029
health
-
-
-
1 471
total
-
-
-
29 984
Employee
4 236
-
78 718
-
health
212
-
507
-
income
820
-
26 377
-
pensions
381
-
913
-
unemployment
42
-
101
-
total
1 455
-
27 898
-
Employer
4 236
-
78 718
-
unemployment
85
-
203
-
pensions
466
-
1 116
-
health
402
-
964
-
total
953
-
2 283
-
Corporate
75 810
81 000
-
-
income
16 678
17 820
-
-
total
16 678
17 820
-
-
Dividends
59 132
63 180
-
-
withholding
11 826
12 636
-
-
total
11 826
12 636
-
-
Income
81 000
81 000
81 000
81 000
Total tax
30 912
30 456
30 181
29 984
After tax
50 088
50 544
50 819
51 016
Living cost
2 781
2 781
2 781
2 781
Free-cash
47 307
47 763
48 038
48 235

Estimated living cost  is ₽2781 per week

₽1653
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽225
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽64
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽839
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽40965
₽35967
₽22811
₽24368
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
81 000
income
-
-
-
12 269
pensions
-
-
-
19 509
unemployment
-
-
-
1 125
health
-
-
-
7 728
total
-
-
-
40 631
Employee

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

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

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

26 477
-
68 702
-
health
1 364
-
3 538
-
income
3 650
-
13 106
-
pensions
3 707
-
9 618
-
unemployment
199
-
515
-
total
8 920
-
26 777
-
Employer

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

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

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

26 477
-
68 702
-
unemployment
199
-
515
-
pensions
3 177
-
8 244
-
health
1 364
-
3 538
-
total
4 740
-
12 297
-
Corporate
49 784
81 000
-
-
income
7 468
12 150
-
-
total
7 468
12 150
-
-
Dividends
42 316
68 850
-
-
withholding
6 347
10 327
-
-
total
6 347
10 327
-
-
Income
81 000
81 000
81 000
81 000
Total tax
27 475
22 477
39 074
40 631
After tax
53 525
58 523
41 926
40 369
Living cost
17 558
17 558
17 558
17 558
Free-cash
35 967
40 965
24 368
22 811

Estimated living cost  is ₽17558 per week

₽11822
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1358
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽508
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3870
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽18681
₽18315
₽18467
₽15108
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
81 000
income
-
-
-
6 994
surtax
-
-
-
-
social contributions

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

-
-
-
28 147
total
-
-
-
35 141
Employee
39 436
-
65 455
-
social contributions
4 338
-
7 200
-
surtax
-
-
-
-
income
7 705
-
15 755
-
total
12 043
-
22 955
-
Employer
39 436
-
65 455
-
social contributions
9 365
-
15 545
-
total
9 365
-
15 545
-
Corporate
32 199
81 000
-
-
surtax
-
-
-
-
income
6 762
17 010
-
-
total
6 762
17 010
-
-
Dividends
25 437
63 990
-
-
withholding
7 123
17 917
-
-
total
7 123
17 917
-
-
Income
81 000
81 000
81 000
81 000
Total tax
35 293
34 927
38 500
35 141
After tax
45 707
46 073
42 500
45 859
Living cost
27 392
27 392
27 392
27 392
Free-cash
18 315
18 681
15 108
18 467

Estimated living cost  is ₽27392 per week

₽19401
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1903
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5603
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽18914
₽11166
₽7519
₽8091
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
81 000
accident
-
-
-
729
income
-
-
-
13 473
pensions
-
-
-
22 922
other
-
-
-
81
unemployment
-
-
-
567
total
-
-
-
37 772
Employee
49 071
-
61 419
-
other
48
-
62
-
income
10 249
-
13 718
-
pensions
2 306
-
2 886
-
unemployment
760
-
953
-
total
13 363
-
17 619
-
Employer
49 071
-
61 419
-
accident
972
-
1 217
-
other
393
-
492
-
unemployment
2 699
-
3 378
-
pensions
11 581
-
14 494
-
total
15 645
-
19 581
-
Corporate
16 284
81 000
-
-
income

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

2 443
12 149
-
-
total
2 443
12 149
-
-
Dividends
13 841
68 851
-
-
withholding
2 674
14 228
-
-
total
2 674
14 228
-
-
Income
81 000
81 000
81 000
81 000
Total tax
34 125
26 377
37 200
37 772
After tax
46 875
54 623
43 800
43 228
Living cost
35 709
35 709
35 709
35 709
Free-cash
11 166
18 914
8 091
7 519

Estimated living cost  is ₽35709 per week

₽25645
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2777
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽503
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6785
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽51776
₽45583
₽41894
₽44015
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
81 000
income
-
-
-
12 150
pensions

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

-
-
-
5 253
unemployment
-
-
-
142
health
-
-
-
4 082
total
-
-
-
21 627
Employee
23 145
-
74 037
-
health
1 065
-
1 633
-
accident

We are using the highest rate at 1.1%.

254
-
390
-
income
2 315
-
7 404
-
pensions

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

2 032
-
3 116
-
total
5 666
-
12 543
-
Employer
23 145
-
74 037
-
accident

We are using the highest rate at 1.1%.

254
-
390
-
unemployment
139
-
213
-
pensions

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

2 551
-
3 911
-
health
1 597
-
2 449
-
total
4 541
-
6 963
-
Corporate
53 314
81 000
-
-
income
5 332
8 100
-
-
total
5 332
8 100
-
-
Dividends
47 982
72 900
-
-
withholding
2 399
3 645
-
-
total
2 399
3 645
-
-
Income
81 000
81 000
81 000
81 000
Total tax
17 938
11 745
19 506
21 627
After tax
63 062
69 255
61 494
59 373
Living cost
17 479
17 479
17 479
17 479
Free-cash
45 583
51 776
44 015
41 894

Estimated living cost  is ₽17479 per week

₽11561
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1001
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽417
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4502
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽2622
₽15915
₽15643
₽20488
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
81 000
trade
-
-
-
4 845
income

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

-
-
-
13 596
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.

-
-
-
6 941
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.

-
-
-
748
total
-
-
-
26 130
Employee

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

50 555
-
81 000
-
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.

6 941
-
6 941
-
surtax

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

229
-
748
-
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.

4 157
-
13 596
-
total
11 327
-
21 285
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
30 445
81 000
-
-
surtax

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

251
669
-
-
income
4 566
12 149
-
-
trade
4 369
11 623
-
-
chamber of commerce
199
274
-
-
total
9 385
24 715
-
-
Dividends
21 060
56 285
-
-
surtax

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

268
752
-
-
withholding
4 878
13 684
-
-
total
5 146
14 436
-
-
Income
81 000
81 000
81 000
81 000
Total tax
25 858
39 151
21 285
26 130
After tax
55 142
41 849
59 715
54 870
Living cost
39 227
39 227
39 227
39 227
Free-cash
15 915
2 622
20 488
15 643

Estimated living cost  is ₽39227 per week

₽27060
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4221
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽569
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7377
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽1180
₽1064
₽748
₽748
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
81 000
income
-
-
-
15 605
social contributions
-
-
-
6 768
total
-
-
-
22 373
Employee
79 479
-
81 000
-
income
14 997
-
15 605
-
social contributions
6 603
-
6 768
-
total
21 600
-
22 373
-
Employer
79 479
-
81 000
-
total
-
-
-
-
Corporate
1 521
81 000
-
-
income
191
10 125
-
-
total
191
10 125
-
-
Dividends
1 330
70 875
-
-
withholding
266
14 176
-
-
total
266
14 176
-
-
Income
81 000
81 000
81 000
81 000
Total tax
22 057
24 301
22 373
22 373
After tax
58 943
56 699
58 627
58 627
Living cost
57 879
57 879
57 879
57 879
Free-cash
1 064
-1 180
748
748

Estimated living cost  is ₽57879 per week

₽44034
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4716
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.
₽8577
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽10399
₽16284
₽8382
₽22284
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
81 000
income
-
-
-
28 923
health

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

-
-
-
6 812
total
-
-
-
35 735
Employee
46 611
-
76 326
-
income
5 058
-
12 485
-
social contributions
4 670
-
4 674
-
total
9 728
-
17 159
-
Employer
46 611
-
76 326
-
social contributions
4 670
-
4 674
-
total
4 670
-
4 674
-
Corporate
29 719
81 000
-
-
income
10 402
28 350
-
-
total
10 402
28 350
-
-
Dividends
19 317
52 650
-
-
social contributions
3 033
5 368
-
-
total
3 033
5 368
-
-
Income
81 000
81 000
81 000
81 000
Total tax
27 833
33 718
21 833
35 735
After tax
53 167
47 282
59 167
45 265
Living cost
36 883
36 883
36 883
36 883
Free-cash
16 284
10 399
22 284
8 382

Estimated living cost  is ₽36883 per week

₽24295
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2908
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽565
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9114
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽22702
₽16931
₽22346
₽13429
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
81 000
income
-
-
-
15 084
pensions
-
-
-
5 583
total
-
-
-
20 667
Employee
52 143
-
71 676
-
health
680
-
1 081
-
income
9 496
-
12 854
-
pensions
3 980
-
6 324
-
total
14 156
-
20 259
-
Employer
52 143
-
71 676
-
pensions
5 268
-
7 962
-
health
991
-
1 363
-
total
6 259
-
9 325
-
Corporate
22 598
81 000
-
-
income

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

4 293
15 390
-
-
total
4 293
15 390
-
-
Dividends
18 305
65 610
-
-
withholding
1 374
4 921
-
-
total
1 374
4 921
-
-
Income
81 000
81 000
81 000
81 000
Total tax
26 082
20 311
29 584
20 667
After tax
54 918
60 689
51 416
60 333
Living cost
37 987
37 987
37 987
37 987
Free-cash
16 931
22 702
13 429
22 346

Estimated living cost  is ₽37987 per week

₽26059
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3493
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽475
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7957
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽17466
₽2876
₽31692
₽16754
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
81 000
accident
-
-
-
255
income
-
-
-
18 255
pensions
-
-
-
4 197
other
-
-
-
374
health
-
-
-
2 200
total
-
-
-
25 281
Employee
37 795
-
67 287
-
health
4 327
-
7 704
-
income
5 185
-
11 225
-
pensions
4 256
-
7 576
-
total
13 768
-
26 505
-
Employer
37 795
-
67 287
-
accident
631
-
1 124
-
unemployment
926
-
1 649
-
pensions
6 145
-
10 941
-
total
7 702
-
13 714
-
Corporate
35 503
81 000
-
-
income

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

31 952
72 900
-
-
total
31 952
72 900
-
-
Dividends
3 550
8 100
-
-
withholding
675
1 539
-
-
total
675
1 539
-
-
Income
81 000
81 000
81 000
81 000
Total tax
54 097
74 439
40 219
25 281
After tax
26 903
6 561
40 781
55 719
Living cost
24 027
24 027
24 027
24 027
Free-cash
2 876
-17 466
16 754
31 692

Estimated living cost  is ₽24027 per week

₽17633
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1400
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.
₽4510
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽55155
₽50225
₽33151
₽33151
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
81 000
work injury
-
-
-
405
health insurance
-
-
-
5 994
income
-
-
-
11 879
pensions
-
-
-
14 904
unemployment
-
-
-
972
total
-
-
-
34 154
Employee

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

21 911
-
81 000
-
work injury
110
-
405
-
income
2 191
-
11 879
-
pensions
4 032
-
14 904
-
health insurance
1 621
-
5 994
-
unemployment
263
-
972
-
total
8 217
-
34 154
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
59 089
81 000
-
-
income

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

-
-
-
-
total
-
-
-
-
Dividends
59 089
81 000
-
-
withholding
8 863
12 150
-
-
total
8 863
12 150
-
-
Income
81 000
81 000
81 000
81 000
Total tax
17 080
12 150
34 154
34 154
After tax
63 920
68 850
46 846
46 846
Living cost
13 695
13 695
13 695
13 695
Free-cash
50 225
55 155
33 151
33 151

Estimated living cost  is ₽13695 per week

₽8484
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽995
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽427
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3788
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽2187
-₽4622
₽1951
-₽1791
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
81 000
municipal
-
-
-
542
regional
-
-
-
1 428
national
-
-
-
15 767
social contributions
-
-
-
20 834
total
-
-
-
38 571
Employee
85 620
-
81 000
-
social contributions
28 871
-
27 313
-
regional
1 293
-
1 177
-
municipal
511
-
484
-
national
14 469
-
13 339
-
total
45 144
-
42 313
-
Employer
85 620
-
81 000
-
total
-
-
-
-
Corporate
-
81 000
-
-
nationa
-
19 440
-
-
municipal
-
3 905
-
-
total
-
23 345
-
-
Dividends
-
57 656
-
-
withholding
-
14 990
-
-
total
-
14 990
-
-
Income
81 000
81 000
81 000
81 000
Total tax
45 144
38 335
42 313
38 571
After tax
35 856
42 665
38 687
42 429
Living cost
40 478
40 478
40 478
40 478
Free-cash
-4 622
2 187
-1 791
1 951

Estimated living cost  is ₽40478 per week

₽28433
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2784
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽8648
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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